1.28
-0.78%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 6.55bn
FY2016FY2025
Net income
THB 798.6m
FY2016FY2025
Free cash flow
THB 1.13bn
FY2016FY2025
Shareholders' equity
THB 16.41bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 6.55bn | THB 6.45bn | THB 6.58bn | THB 6.92bn | THB 5.73bn | THB 5.86bn | THB 4.95bn | THB 4.83bn | THB 4.26bn | THB 2.15bn |
| Gross profit | THB 1.90bn | THB 1.62bn | THB 1.78bn | THB 1.87bn | THB 1.92bn | THB 1.79bn | THB 1.63bn | THB 1.42bn | THB 1.13bn | THB 724.7m |
| Operating income | THB 1.35bn | THB 1.18bn | THB 1.34bn | THB 1.44bn | THB 1.71bn | THB 1.57bn | THB 1.22bn | THB 1.04bn | THB 943.3m | THB 487.7m |
| Net income | THB 798.6m | THB 838.7m | THB 1.07bn | THB 1.28bn | THB 1.51bn | THB 1.51bn | THB 815.3m | THB 546.6m | THB 424.9m | THB 134.0m |
| Diluted earnings per share | 0.08 | 0.08 | 0.11 | 0.13 | 0.15 | 0.15 | 0.08 | 0.06 | 0.05 | 0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 25.65bn | THB 25.11bn | THB 21.74bn | THB 20.07bn | THB 18.74bn | THB 16.43bn | THB 14.15bn | THB 13.89bn | THB 14.07bn | THB 13.36bn |
| Cash and short-term investments | THB 1.03bn | THB 522.6m | THB 1.18bn | THB 429.1m | THB 890.7m | THB 482.9m | THB 71.9m | THB 104.5m | THB 5.3m | THB 37.9m |
| Total liabilities | THB 9.12bn | THB 8.95bn | THB 6.43bn | THB 5.89bn | THB 5.37bn | THB 4.44bn | THB 3.35bn | THB 8.32bn | THB 8.96bn | THB 8.75bn |
| Debt | THB 8.26bn | THB 8.05bn | THB 5.69bn | THB 5.07bn | THB 4.78bn | THB 3.95bn | THB 3.00bn | THB 7.80bn | THB 8.53bn | THB 8.46bn |
| Shareholders' equity | THB 16.41bn | THB 16.04bn | THB 15.20bn | THB 14.13bn | THB 13.32bn | THB 11.99bn | THB 10.79bn | THB 5.57bn | THB 5.11bn | THB 4.61bn |
| Shares outstanding | 9,766m | 10,076m | 10,076m | 10,135m | 10,176m | 10,176m | 10,176m | 9,158m | 9,158m | 9,158m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 2.10bn | THB 1.96bn | THB 2.18bn | THB 1.52bn | THB 1.87bn | THB 1.89bn | THB 1.62bn | THB 1.70bn | THB 1.02bn | THB 798.2m |
| Capital spending | −THB 963.6m | −THB 4.62bn | −THB 1.76bn | −THB 1.81bn | −THB 1.79bn | −THB 1.52bn | −THB 634.3m | −THB 334.2m | −THB 1.05bn | −THB 3.36bn |
| Free cash flow | THB 1.13bn | −THB 2.65bn | THB 419.3m | −THB 291.5m | THB 78.7m | THB 370.2m | THB 984.3m | THB 1.36bn | −THB 35.9m | −THB 2.56bn |
| Dividends paid | −THB 1,824 | — | −THB 6,188 | −THB 203.4m | −THB 183.2m | −THB 305.0m | −THB 305.0m | −THB 305.0m | −THB 475.0m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.77bn | THB 1.59bn | THB 1.62bn | THB 1.66bn | THB 1.64bn | THB 1.63bn | THB 1.68bn | THB 1.73bn |
| Gross profit | THB 540.1m | THB 506.2m | THB 517.2m | THB 475.7m | THB 454.7m | THB 459.5m | THB 414.2m | THB 462.0m |
| Operating income | THB 341.8m | THB 417.4m | THB 349.5m | THB 344.7m | THB 318.6m | THB 340.1m | THB 286.3m | THB 166.7m |
| Net income | THB 278.7m | THB 314.4m | THB 212.9m | THB 210.8m | THB 148.8m | THB 226.1m | THB 253.4m | THB 110.5m |
| Diluted earnings per share | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.01 |
| Cash from operations | THB 551.0m | THB 640.0m | THB 663.0m | THB 499.0m | THB 590.0m | THB 580.0m | THB 521.0m | THB 421.0m |
| Capital spending | −THB 153.0m | −THB 546.0m | −THB 494.0m | −THB 160.0m | −THB 193.0m | −THB 136.0m | −THB 495.0m | −THB 1.76bn |
| Free cash flow | THB 398.0m | THB 94.0m | THB 169.0m | THB 339.0m | THB 397.0m | THB 444.0m | THB 26.0m | −THB 1.34bn |
| Total assets | THB 25.97bn | THB 25.80bn | THB 25.65bn | THB 25.83bn | THB 25.18bn | THB 25.56bn | THB 25.11bn | THB 24.56bn |
| Cash and short-term investments | THB 978.1m | THB 755.7m | THB 1.03bn | THB 1.35bn | THB 821.3m | THB 1.03bn | THB 522.6m | THB 422.8m |
| Debt | THB 1.29bn | THB 7.86bn | THB 8.14bn | THB 8.60bn | THB 7.96bn | THB 8.23bn | THB 8.02bn | THB 7.63bn |
| Shareholders' equity | THB 16.91bn | THB 16.73bn | THB 16.41bn | THB 16.20bn | THB 16.18bn | THB 16.25bn | THB 16.04bn | THB 15.78bn |
Financial ratios
Data as of 2 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 29.0% | 25.2% | 27.1% | 27.1% | 33.5% | 30.6% |
| Operating margin | 20.6% | 18.3% | 20.3% | 20.8% | 29.8% | 26.9% |
| Net margin | 12.2% | 13.0% | 16.3% | 18.5% | 26.3% | 25.7% |
| Return on equity | 4.9% | 5.2% | 7.1% | 9.1% | 11.3% | 12.6% |
| Return on assets | 3.1% | 3.3% | 4.9% | 6.4% | 8.0% | 9.2% |
| Free cash flow yield | 23.4% | 48.7% | 29.2% | 24.6% | 26.8% | 25.1% |
| Revenue growth | 1.6% | -2.0% | -4.8% | 20.8% | -2.2% | 18.3% |
| Earnings growth | -4.8% | -21.8% | -16.3% | -14.9% | -0.1% | 84.9% |
| Current ratio | 1.84x | 1.55x | 2.18x | 1.71x | 2.01x | 1.52x |
| Debt to equity | 0.49x | 0.50x | 0.37x | 0.36x | 0.36x | 0.33x |
| Equity ratio | 64.0% | 63.9% | 69.9% | 70.4% | 71.1% | 73.0% |
| Interest coverage | 4.08x | 3.93x | 6.88x | 10.87x | 12.08x | 14.80x |
| Buybacks as a share of market value | 3.1% | 0.0% | 0.6% | 0.4% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.8% | 2.3% | 12.1% |
| Operating income | -2.0% | -3.0% | 20.2% |
| Net income | -14.6% | -11.9% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 27.1% | 27.1% | 28.6% | 28.8% |
| Operating margin | 19.5% | 20.0% | 22.5% | 22.2% |
| Net margin | 12.6% | 15.1% | 18.4% | 15.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Price to earnings | 16.0 | 16.3 | 14.4 | 21.3 | 23.6 | 24.6 | 52.7 |
| Price to sales | 1.9 | 2.1 | 2.3 | 4.0 | 6.2 | 6.3 | 8.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Mar 2026.
| FY2026 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|
| Paid in the year | 0.01 | 0.02 | 0.018 | 0.03 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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