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Alpha Divisions PCL ALPHAX.BK · THB

Real Estate · SET · 🇹🇭 Thailand

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0.15

-11.76%

Close of 9 Nov 2026, in THB

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in THB, from our data supplier.

FY2025

Revenue

THB 252.3m

FY2016FY2025

Net income

THB 318.3m

FY2016FY2025

Free cash flow

THB 234.2m

FY2016FY2025

Shareholders' equity

THB 5.59bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 252.3mTHB 185.1mTHB 181.6mTHB 297.1mTHB 468.6mTHB 613.1mTHB 1.81bnTHB 611.4mTHB 292.1mTHB 329.1m
Operating incomeTHB 9.3mTHB 393.1m−THB 113.1mTHB 82.1mTHB 41.4mTHB 107.8m−THB 31.1m−THB 133.6m−THB 39.4mTHB 2.4m
Net incomeTHB 318.3mTHB 331.1m−THB 106.6mTHB 35.2mTHB 26.0mTHB 88.6m−THB 25.7m−THB 146.3m−THB 32.3mTHB 1.6m
Diluted earnings per share0.030.04-0.010.010.010.07-0.02-0.09-0.040.00

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 6.02bnTHB 6.13bnTHB 5.94bnTHB 1.81bnTHB 937.2mTHB 1.01bnTHB 988.0mTHB 601.4mTHB 370.5mTHB 388.6m
Cash and short-term investmentsTHB 3.86bnTHB 3.86bnTHB 4.33bnTHB 391.1mTHB 178.7mTHB 40.7mTHB 16.5mTHB 83.9mTHB 2.1mTHB 4.2m
Total liabilitiesTHB 390.1mTHB 433.9mTHB 250.6mTHB 259.8mTHB 266.4mTHB 344.4mTHB 411.0mTHB 130.4mTHB 138.6mTHB 125.5m
DebtTHB 281.7mTHB 352.4mTHB 200.6mTHB 161.4mTHB 45.7mTHB 1.9mTHB 186.0mTHB 89.3mTHB 91.3mTHB 86.3m
Shareholders' equityTHB 5.59bnTHB 5.65bnTHB 5.50bnTHB 1.36bnTHB 528.7mTHB 530.4mTHB 471.9mTHB 471.0mTHB 231.9mTHB 263.1m
Shares outstanding9,292m9,292m9,292m3,050m1,805m1,301m1,206m1,619m724m735m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTHB 273.6mTHB 320.9m−THB 338.0m−THB 293.7mTHB 54.4mTHB 245.1mTHB 23.3m−THB 293.4mTHB 5.8mTHB 6.5m
Capital spending−THB 39.4m−THB 13.7m−THB 1.8m−THB 23.0m−THB 321,567−THB 13.3m−THB 285,450−THB 3.1m−THB 7.5m−THB 15.5m
Free cash flowTHB 234.2mTHB 307.2m−THB 339.9m−THB 316.7mTHB 54.1mTHB 231.7mTHB 23.0m−THB 296.4m−THB 1.7m−THB 9.0m
Dividends paid————−THB 21.6m————−THB 10.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 73.0mTHB 67.6mTHB 74.2mTHB 130.3mTHB 59.3mTHB 48.6mTHB 47.9mTHB 72.4m
Operating incomeTHB 14.8mTHB 805,000THB 18.5mTHB 128.9mTHB 120.0mTHB 30.4mTHB 72.6mTHB 208.5m
Net incomeTHB 34.0m−THB 31.2mTHB 75.5mTHB 113.0mTHB 106.5mTHB 23.3mTHB 50.6mTHB 196.8m
Diluted earnings per share0.00-0.000.010.010.010.000.010.02
Cash from operationsTHB 32.0m−THB 114.0mTHB 174.0mTHB 120.0m−THB 26.0mTHB 3.0mTHB 1.0mTHB 201.0m
Capital spending−THB 1.24bn−THB 5.0m−THB 2.0m−THB 32.0m−THB 2.0m−THB 2.0m−THB 1.0m−THB 6.0m
Free cash flow−THB 1.21bn−THB 119.0mTHB 172.0mTHB 88.0m−THB 28.0mTHB 1.0mTHB 0THB 195.0m
Total assetsTHB 7.52bnTHB 6.21bnTHB 6.02bnTHB 6.11bnTHB 6.00bnTHB 6.13bnTHB 6.13bnTHB 5.88bn
Cash and short-term investments—THB 3.60bnTHB 3.86bnTHB 3.66bnTHB 3.82bnTHB 3.87bnTHB 3.86bnTHB 4.37bn
DebtTHB 1.39bnTHB 306.3mTHB 286.7mTHB 342.8mTHB 327.7mTHB 342.0mTHB 347.1mTHB 262.0m
Shareholders' equityTHB 5.87bnTHB 5.77bnTHB 5.59bnTHB 5.63bnTHB 5.56bnTHB 5.67bnTHB 5.65bnTHB 5.51bn

Financial ratios

Data as of 17 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin3.7%212.3%-62.3%18.6%8.8%17.6%
Net margin126.2%178.8%-58.7%11.9%5.6%14.5%
Return on equity5.7%5.9%-1.9%2.6%4.9%16.7%
Return on assets5.3%5.4%-1.8%1.9%2.8%8.8%
Free cash flow yield16.0%17.1%-17.2%-42.3%14.4%94.5%
Revenue growth36.3%1.9%-38.9%-36.6%-23.6%-66.1%
Earnings growth-3.9%-410.7%-402.6%35.4%-70.6%-444.3%
Current ratio23.42x23.24x31.08x8.85x3.73x2.60x
Debt to equity0.05x0.06x0.04x0.11x0.09x0.00x
Equity ratio92.9%92.2%92.5%75.2%56.4%52.5%
Interest coverage0.31x16.22x-95.88x19.73x793.49x59.71x
Buybacks as a share of market value-0.0%0.0%-204.7%-69.0%-38.7%-7.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-5.3%-16.3%-1.5%
Operating income-51.6%-38.8%—
Net income108.3%29.1%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin92.0%40.5%26.1%5.9%
Net margin148.5%63.1%34.7%9.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.315.4-54.972.378.48.9-34.4-25.0-10.4258.3
Price to sales18.127.632.28.64.31.30.56.01.11.2

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 23 Aug 2016.

FY2016FY2015FY2014
Paid in the year0.0150.0030.014
  • 11-for-10 split · 27 Apr 2015

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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