3.66
0.00%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 2.93bn
FY2016FY2025
Net income
THB 231.4m
FY2016FY2025
Free cash flow
THB 557.5m
FY2016FY2025
Shareholders' equity
THB 2.88bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 2.93bn | THB 3.16bn | THB 3.05bn | THB 3.22bn | THB 2.09bn | THB 1.81bn | THB 1.90bn | THB 1.77bn | THB 1.50bn | THB 426.6m |
| Gross profit | THB 520.9m | THB 594.9m | THB 553.0m | THB 706.0m | THB 368.3m | THB 361.6m | THB 410.1m | THB 325.8m | THB 422.9m | THB 64.6m |
| Operating income | THB 323.4m | THB 419.4m | THB 361.9m | THB 508.1m | THB 245.3m | THB 226.0m | THB 272.7m | THB 186.9m | THB 271.9m | THB 31.6m |
| Net income | THB 231.4m | THB 337.5m | THB 307.6m | THB 462.4m | THB 153.5m | THB 170.3m | THB 180.5m | THB 89.5m | THB 253.1m | THB 20.4m |
| Diluted earnings per share | 0.45 | 0.65 | 0.59 | 0.89 | 0.30 | 0.33 | 0.35 | 0.17 | 0.49 | 0.04 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 4.24bn | THB 4.55bn | THB 4.83bn | THB 4.46bn | THB 4.12bn | THB 3.51bn | THB 3.40bn | THB 3.67bn | THB 3.76bn | THB 486.4m |
| Cash and short-term investments | THB 327.5m | THB 313.0m | THB 269.5m | THB 390.6m | THB 91.8m | THB 231.8m | THB 88.2m | THB 199.5m | THB 533.9m | THB 25.8m |
| Total liabilities | THB 1.28bn | THB 1.50bn | THB 1.87bn | THB 1.59bn | THB 1.70bn | THB 1.38bn | THB 1.33bn | THB 1.61bn | THB 1.69bn | THB 171.6m |
| Debt | THB 1.29bn | THB 1.18bn | THB 1.51bn | THB 1.29bn | THB 1.47bn | THB 1.26bn | THB 1.17bn | THB 1.45bn | THB 1.58bn | THB 143.5m |
| Shareholders' equity | THB 2.88bn | THB 2.97bn | THB 2.88bn | THB 2.80bn | THB 2.35bn | THB 2.13bn | THB 2.07bn | THB 2.05bn | THB 2.06bn | THB 314.7m |
| Shares outstanding | 518m | 518m | 518m | 518m | 518m | 518m | 518m | 518m | 518m | 518m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 608.8m | THB 677.3m | THB 614.8m | THB 812.9m | THB 455.8m | THB 436.8m | THB 465.1m | THB 408.4m | THB 304.4m | THB 255.0m |
| Capital spending | −THB 51.3m | −THB 200.9m | −THB 242.2m | −THB 90.0m | −THB 87.6m | −THB 40.1m | −THB 115.0m | −THB 150.3m | −THB 581.5m | −THB 321.2m |
| Free cash flow | THB 557.5m | THB 476.4m | THB 372.6m | THB 722.9m | THB 368.2m | THB 396.7m | THB 350.1m | THB 258.1m | −THB 277.1m | −THB 66.2m |
| Dividends paid | −THB 181.3m | −THB 233.1m | −THB 207.1m | −THB 77.7m | −THB 103.6m | −THB 103.6m | −THB 51.8m | −THB 86.3m | −THB 107.9m | −THB 223.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 715.7m | THB 700.2m | THB 729.6m | THB 714.3m | THB 730.1m | THB 755.6m | THB 807.2m | THB 742.2m |
| Gross profit | THB 182.2m | THB 110.9m | THB 133.6m | THB 113.9m | THB 136.7m | THB 136.6m | THB 170.2m | THB 148.9m |
| Operating income | THB 45.8m | THB 65.8m | THB 82.6m | THB 67.8m | THB 88.3m | THB 91.7m | THB 123.8m | THB 81.2m |
| Net income | THB 21.2m | THB 36.9m | THB 56.8m | THB 43.4m | THB 62.9m | THB 68.3m | THB 104.7m | THB 60.2m |
| Diluted earnings per share | 0.04 | 0.07 | 0.11 | 0.08 | 0.12 | 0.13 | 0.20 | 0.12 |
| Cash from operations | THB 84.0m | THB 134.0m | THB 120.0m | THB 166.0m | THB 175.0m | THB 147.0m | THB 170.0m | THB 215.0m |
| Capital spending | −THB 80.0m | −THB 7.0m | −THB 24.0m | −THB 21.0m | −THB 3.0m | −THB 3.0m | −THB 63.0m | −THB 50.0m |
| Free cash flow | THB 4.0m | THB 127.0m | THB 96.0m | THB 145.0m | THB 172.0m | THB 144.0m | THB 107.0m | THB 165.0m |
| Total assets | THB 4.24bn | THB 4.30bn | THB 4.24bn | THB 4.33bn | THB 4.40bn | THB 4.50bn | THB 4.55bn | THB 4.43bn |
| Cash and short-term investments | — | — | THB 327.5m | THB 374.5m | THB 331.5m | THB 354.0m | THB 313.0m | THB 289.3m |
| Debt | THB 202.0m | THB 225.4m | THB 624.4m | THB 671.8m | THB 732.1m | THB 740.1m | THB 806.6m | THB 839.3m |
| Shareholders' equity | THB 2.92bn | THB 2.98bn | THB 2.88bn | THB 2.91bn | THB 2.89bn | THB 3.04bn | THB 2.97bn | THB 2.77bn |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 17.8% | 18.8% | 18.1% | 21.9% | 17.6% | 20.0% |
| Operating margin | 11.0% | 13.8% | 12.5% | 16.7% | 10.8% | 13.1% |
| Net margin | 7.9% | 10.7% | 10.1% | 14.3% | 7.3% | 9.4% |
| Return on equity | 8.0% | 11.4% | 10.7% | 16.5% | 6.5% | 8.0% |
| Return on assets | 5.5% | 7.4% | 6.4% | 10.4% | 3.7% | 4.8% |
| Free cash flow yield | 34.6% | 46.1% | 45.0% | 47.4% | 28.5% | 25.0% |
| Revenue growth | -7.2% | 3.5% | -5.4% | 54.3% | 15.7% | -4.9% |
| Earnings growth | -31.4% | 9.7% | -33.5% | 201.2% | -9.9% | -5.6% |
| Current ratio | 1.16x | 0.96x | 0.85x | 1.05x | 0.52x | 0.70x |
| Debt to equity | 0.22x | 0.27x | 0.37x | 0.32x | 0.44x | 0.38x |
| Equity ratio | 67.9% | 65.3% | 59.6% | 62.7% | 57.2% | 60.6% |
| Interest coverage | 6.44x | 6.83x | 7.66x | 11.02x | 5.55x | 5.09x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -3.1% | 10.1% | 16.4% |
| Operating income | -14.0% | 7.4% | 7.8% |
| Net income | -20.6% | 6.3% | 5.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 18.3% | 19.2% | 19.1% | 20.1% |
| Operating margin | 12.2% | 13.0% | 12.8% | 13.3% |
| Net margin | 9.3% | 10.8% | 10.2% | 10.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 9.1 | 6.5 | 6.6 | 6.3 | 17.4 | 16.3 | 15.1 | 26.1 | 26.4 | 459.3 |
| Price to sales | 0.7 | 0.7 | 0.7 | 0.9 | 1.3 | 1.5 | 1.4 | 1.3 | 4.5 | 22.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 9 years. Last went ex-dividend on 9 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 0.35 | 0.45 | 0.40 | 0.15 | 0.12 | 0.20 | 0.10 |
- 6-for-5 split · 19 Mar 2018
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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