0.15
-11.76%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
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
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 252.3m | THB 185.1m | THB 181.6m | THB 297.1m | THB 468.6m | THB 613.1m | THB 1.81bn | THB 611.4m | THB 292.1m | THB 329.1m |
| Operating income | THB 9.3m | THB 393.1m | −THB 113.1m | THB 82.1m | THB 41.4m | THB 107.8m | −THB 31.1m | −THB 133.6m | −THB 39.4m | THB 2.4m |
| Net income | THB 318.3m | THB 331.1m | −THB 106.6m | THB 35.2m | THB 26.0m | THB 88.6m | −THB 25.7m | −THB 146.3m | −THB 32.3m | THB 1.6m |
| Diluted earnings per share | 0.03 | 0.04 | -0.01 | 0.01 | 0.01 | 0.07 | -0.02 | -0.09 | -0.04 | 0.00 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 6.02bn | THB 6.13bn | THB 5.94bn | THB 1.81bn | THB 937.2m | THB 1.01bn | THB 988.0m | THB 601.4m | THB 370.5m | THB 388.6m |
| Cash and short-term investments | THB 3.86bn | THB 3.86bn | THB 4.33bn | THB 391.1m | THB 178.7m | THB 40.7m | THB 16.5m | THB 83.9m | THB 2.1m | THB 4.2m |
| Total liabilities | THB 390.1m | THB 433.9m | THB 250.6m | THB 259.8m | THB 266.4m | THB 344.4m | THB 411.0m | THB 130.4m | THB 138.6m | THB 125.5m |
| Debt | THB 281.7m | THB 352.4m | THB 200.6m | THB 161.4m | THB 45.7m | THB 1.9m | THB 186.0m | THB 89.3m | THB 91.3m | THB 86.3m |
| Shareholders' equity | THB 5.59bn | THB 5.65bn | THB 5.50bn | THB 1.36bn | THB 528.7m | THB 530.4m | THB 471.9m | THB 471.0m | THB 231.9m | THB 263.1m |
| Shares outstanding | 9,292m | 9,292m | 9,292m | 3,050m | 1,805m | 1,301m | 1,206m | 1,619m | 724m | 735m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 273.6m | THB 320.9m | −THB 338.0m | −THB 293.7m | THB 54.4m | THB 245.1m | THB 23.3m | −THB 293.4m | THB 5.8m | THB 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 flow | THB 234.2m | THB 307.2m | −THB 339.9m | −THB 316.7m | THB 54.1m | THB 231.7m | THB 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 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 73.0m | THB 67.6m | THB 74.2m | THB 130.3m | THB 59.3m | THB 48.6m | THB 47.9m | THB 72.4m |
| Operating income | THB 14.8m | THB 805,000 | THB 18.5m | THB 128.9m | THB 120.0m | THB 30.4m | THB 72.6m | THB 208.5m |
| Net income | THB 34.0m | −THB 31.2m | THB 75.5m | THB 113.0m | THB 106.5m | THB 23.3m | THB 50.6m | THB 196.8m |
| Diluted earnings per share | 0.00 | -0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.02 |
| Cash from operations | THB 32.0m | −THB 114.0m | THB 174.0m | THB 120.0m | −THB 26.0m | THB 3.0m | THB 1.0m | THB 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 119.0m | THB 172.0m | THB 88.0m | −THB 28.0m | THB 1.0m | THB 0 | THB 195.0m |
| Total assets | THB 7.52bn | THB 6.21bn | THB 6.02bn | THB 6.11bn | THB 6.00bn | THB 6.13bn | THB 6.13bn | THB 5.88bn |
| Cash and short-term investments | — | THB 3.60bn | THB 3.86bn | THB 3.66bn | THB 3.82bn | THB 3.87bn | THB 3.86bn | THB 4.37bn |
| Debt | THB 1.39bn | THB 306.3m | THB 286.7m | THB 342.8m | THB 327.7m | THB 342.0m | THB 347.1m | THB 262.0m |
| Shareholders' equity | THB 5.87bn | THB 5.77bn | THB 5.59bn | THB 5.63bn | THB 5.56bn | THB 5.67bn | THB 5.65bn | THB 5.51bn |
Financial ratios
Data as of 17 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 3.7% | 212.3% | -62.3% | 18.6% | 8.8% | 17.6% |
| Net margin | 126.2% | 178.8% | -58.7% | 11.9% | 5.6% | 14.5% |
| Return on equity | 5.7% | 5.9% | -1.9% | 2.6% | 4.9% | 16.7% |
| Return on assets | 5.3% | 5.4% | -1.8% | 1.9% | 2.8% | 8.8% |
| Free cash flow yield | 16.0% | 17.1% | -17.2% | -42.3% | 14.4% | 94.5% |
| Revenue growth | 36.3% | 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 ratio | 23.42x | 23.24x | 31.08x | 8.85x | 3.73x | 2.60x |
| Debt to equity | 0.05x | 0.06x | 0.04x | 0.11x | 0.09x | 0.00x |
| Equity ratio | 92.9% | 92.2% | 92.5% | 75.2% | 56.4% | 52.5% |
| Interest coverage | 0.31x | 16.22x | -95.88x | 19.73x | 793.49x | 59.71x |
| 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 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.3% | -16.3% | -1.5% |
| Operating income | -51.6% | -38.8% | — |
| Net income | 108.3% | 29.1% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 92.0% | 40.5% | 26.1% | 5.9% |
| Net margin | 148.5% | 63.1% | 34.7% | 9.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.3 | 15.4 | -54.9 | 72.3 | 78.4 | 8.9 | -34.4 | -25.0 | -10.4 | 258.3 |
| Price to sales | 18.1 | 27.6 | 32.2 | 8.6 | 4.3 | 1.3 | 0.5 | 6.0 | 1.1 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 23 Aug 2016.
| FY2016 | FY2015 | FY2014 | |
|---|---|---|---|
| Paid in the year | 0.015 | 0.003 | 0.014 |
- 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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