0.33
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 6.55bn
FY2016FY2025
Net income
THB 55.7m
FY2016FY2025
Free cash flow
THB 2.10bn
FY2016FY2025
Shareholders' equity
THB 8.33bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 6.55bn | THB 5.81bn | THB 3.36bn | THB 3.06bn | THB 3.56bn | THB 4.10bn | THB 8.72bn | THB 10.11bn | THB 12.58bn | THB 11.73bn |
| Gross profit | THB 1.99bn | THB 1.57bn | THB 530.8m | THB 641.7m | THB 951.4m | THB 1.24bn | THB 2.46bn | THB 3.16bn | THB 4.53bn | THB 4.04bn |
| Research and development | — | — | THB 0 | THB 0 | THB 0 | THB 0 | THB 0 | THB 0 | THB 0 | THB 0 |
| Operating income | THB 667.6m | THB 881.3m | −THB 839.6m | −THB 37.3m | THB 248.6m | THB 1.31bn | −THB 5.52bn | −THB 7.03bn | THB 1.99bn | THB 2.14bn |
| Net income | THB 55.7m | THB 334.2m | −THB 887.0m | −THB 159.8m | −THB 347.8m | THB 975.4m | THB 704.7m | THB 2.42bn | THB 1.33bn | THB 1.50bn |
| Diluted earnings per share | 0.01 | 0.08 | -0.21 | -0.04 | -0.08 | 0.29 | 0.21 | 0.73 | 0.40 | 0.45 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 28.77bn | THB 28.76bn | THB 37.03bn | THB 41.98bn | THB 39.38bn | THB 43.30bn | THB 48.79bn | THB 41.57bn | THB 29.87bn | THB 25.37bn |
| Cash and short-term investments | THB 960.2m | THB 1.15bn | THB 4.68bn | THB 6.92bn | THB 2.45bn | THB 3.25bn | THB 6.32bn | THB 4.91bn | THB 2.1m | THB 2.68bn |
| Total liabilities | THB 19.97bn | THB 17.03bn | THB 25.20bn | THB 26.19bn | THB 22.14bn | THB 25.86bn | THB 30.32bn | THB 23.58bn | THB 16.41bn | THB 14.61bn |
| Debt | THB 16.85bn | THB 13.84bn | THB 21.07bn | THB 22.82bn | THB 19.03bn | THB 22.07bn | THB 25.92bn | THB 18.40bn | THB 12.37bn | THB 10.96bn |
| Shareholders' equity | THB 8.33bn | THB 11.27bn | THB 11.43bn | THB 14.57bn | THB 16.16bn | THB 15.79bn | THB 16.63bn | THB 15.96bn | THB 12.40bn | THB 10.75bn |
| Shares outstanding | 4,166m | 4,166m | 4,166m | 4,166m | 4,166m | 3,319m | 3,333m | 3,333m | 3,333m | 3,333m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 2.33bn | THB 620.6m | −THB 58.4m | THB 1.55bn | THB 47.2m | −THB 253.4m | −THB 7.38bn | −THB 7.56bn | −THB 5.69bn | THB 2.07bn |
| Capital spending | −THB 230.7m | −THB 176.8m | −THB 25.9m | −THB 79.3m | −THB 33.1m | −THB 71.5m | −THB 304.0m | −THB 748.2m | −THB 218.8m | −THB 498.2m |
| Free cash flow | THB 2.10bn | THB 443.8m | −THB 84.3m | THB 1.47bn | THB 14.1m | −THB 324.9m | −THB 7.69bn | −THB 8.31bn | −THB 5.91bn | THB 1.58bn |
| Dividends paid | −THB 280.6m | −THB 300.3m | −THB 272.7m | −THB 466.1m | −THB 520.5m | −THB 601.0m | −THB 1.26bn | −THB 895.0m | −THB 718.2m | −THB 493.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.40bn | THB 1.29bn | THB 3.19bn | THB 1.94bn | THB 620.3m | THB 721.4m | THB 1.39bn | THB 1.12bn |
| Gross profit | THB 361.8m | THB 628.9m | THB 1.33bn | THB 452.8m | THB 60.2m | THB 144.6m | THB 323.4m | THB 327.7m |
| Operating income | THB 34.4m | THB 233.7m | THB 838.7m | THB 214.5m | THB 407.9m | −THB 164.5m | THB 54.2m | THB 131.9m |
| Net income | −THB 220.4m | −THB 38.9m | −THB 123.6m | THB 129.6m | THB 253.6m | −THB 256.9m | THB 13.3m | THB 20.6m |
| Diluted earnings per share | -0.05 | -0.01 | -0.03 | 0.03 | 0.06 | -0.06 | 0.00 | 0.00 |
| Cash from operations | THB 784.0m | THB 305.0m | THB 1.54bn | THB 800.0m | THB 195.0m | −THB 209.0m | THB 204.0m | −THB 164.0m |
| Capital spending | −THB 8.0m | −THB 14.0m | −THB 55.0m | −THB 41.0m | −THB 66.0m | −THB 66.0m | −THB 104.0m | −THB 55.0m |
| Free cash flow | THB 776.0m | THB 291.0m | THB 1.49bn | THB 759.0m | THB 129.0m | −THB 275.0m | THB 100.0m | −THB 219.0m |
| Total assets | THB 25.56bn | THB 26.26bn | THB 28.77bn | THB 29.26bn | THB 28.95bn | THB 28.05bn | THB 28.76bn | THB 29.16bn |
| Cash and short-term investments | — | THB 289.2m | THB 960.2m | THB 1.46bn | THB 518.8m | THB 580.4m | THB 1.15bn | THB 647.4m |
| Debt | THB 3.28bn | THB 11.11bn | THB 13.47bn | THB 13.64bn | THB 13.17bn | THB 13.22bn | THB 13.57bn | THB 13.15bn |
| Shareholders' equity | THB 10.90bn | THB 11.19bn | THB 8.33bn | THB 11.52bn | THB 11.47bn | THB 10.95bn | THB 11.27bn | THB 11.33bn |
Financial ratios
Data as of 31 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin | 30.4% | 27.0% | 15.8% | 20.9% | 26.7% | 30.2% | — | — |
| Operating margin | 12.6% | 20.2% | -25.0% | -125.9% | -99.8% | -74.9% | — | — |
| Net margin | 0.8% | 5.8% | -26.4% | -5.2% | -9.8% | 23.8% | — | — |
| Return on equity | 0.7% | 3.0% | -7.8% | -1.1% | -2.2% | 6.2% | — | — |
| Return on assets | 0.2% | 1.2% | -2.4% | -0.4% | -0.9% | 2.3% | — | — |
| Free cash flow yield | 175.4% | 54.7% | -2.2% | 112.0% | 5.5% | -15.7% | — | — |
| Revenue growth | 12.9% | 73.0% | 9.5% | -14.0% | -13.2% | -52.9% | — | — |
| Earnings growth | -83.3% | -137.7% | 454.9% | -54.0% | -135.7% | 38.4% | — | — |
| Current ratio | 0.34x | 1.52x | 1.66x | 1.86x | 1.59x | 1.67x | — | — |
| Debt to equity | 1.62x | 1.20x | 1.81x | 1.54x | 1.15x | 1.36x | — | — |
| Equity ratio | 29.0% | 39.2% | 30.9% | 34.7% | 41.0% | 36.5% | — | — |
| Interest coverage | 1.49x | 2.89x | -1.08x | -5.42x | -5.26x | -4.93x | — | — |
| R&D as a share of sales | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Buybacks as a share of market value | 0.0% | 0.0% | -0.0% | -0.0% | -25.5% | 0.4% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.8% | 9.8% | -4.8% |
| Operating income | — | -12.6% | -8.1% |
| Net income | — | -43.6% | -26.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 28.8% | 25.2% | 26.2% | 31.5% |
| Operating margin | 12.5% | 3.6% | 8.4% | -5.8% |
| Net margin | 3.2% | -3.5% | -0.1% | 8.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 30.7 | 7.5 | -3.6 | -37.8 | -19.5 | 6.5 | 12.4 | 4.5 | 14.8 | 10.9 |
| Price to sales | 0.3 | 0.4 | 1.0 | 2.0 | 1.9 | 1.5 | 1.0 | 1.1 | 1.6 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 11 May 2020.
| FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.026 | 0.23 | 0.182 | 0.145 | 0.108 | 0.10 | 0.08 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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