1.99
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 1.22bn
FY2016FY2025
Net income
THB 143.0m
FY2016FY2025
Free cash flow
THB 231.8m
FY2016FY2025
Shareholders' equity
THB 1.37bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.22bn | THB 1.12bn | THB 1.45bn | THB 1.58bn | THB 1.86bn | THB 1.34bn | THB 762.4m | THB 601.1m | THB 835.6m | THB 861.3m |
| Gross profit | THB 534.9m | THB 556.5m | THB 723.3m | THB 771.8m | THB 1.03bn | THB 756.0m | THB 376.6m | THB 220.8m | THB 358.8m | THB 212.5m |
| Operating income | THB 156.5m | THB 188.9m | THB 197.5m | THB 289.1m | THB 599.8m | THB 382.9m | THB 59.0m | −THB 47.7m | THB 42.6m | −THB 81.0m |
| Net income | THB 143.0m | THB 189.3m | THB 218.3m | THB 268.6m | THB 479.2m | THB 307.0m | THB 2.6m | THB 14.0m | THB 12.6m | −THB 216.7m |
| Diluted earnings per share | 0.29 | 0.38 | 0.43 | 0.53 | 0.96 | 0.73 | 0.01 | 0.03 | 0.03 | -0.43 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 1.78bn | THB 1.71bn | THB 1.68bn | THB 1.39bn | THB 1.33bn | THB 813.3m | THB 406.4m | THB 325.7m | THB 409.1m | THB 581.9m |
| Cash and short-term investments | THB 446.1m | THB 351.8m | THB 531.0m | THB 916.5m | THB 1.01bn | THB 603.5m | THB 145.4m | THB 63.6m | THB 135.2m | THB 223.9m |
| Total liabilities | THB 429.6m | THB 441.0m | THB 737.5m | THB 369.2m | THB 472.3m | THB 320.6m | THB 264.6m | THB 180.2m | THB 286.5m | THB 467.9m |
| Debt | THB 69.1m | THB 153.0m | THB 413.1m | THB 17.7m | THB 12.4m | THB 16.3m | THB 25.2m | THB 16.6m | THB 24.7m | THB 39.0m |
| Shareholders' equity | THB 1.37bn | THB 1.27bn | THB 939.4m | THB 963.2m | THB 794.8m | THB 443.4m | THB 126.8m | THB 125.2m | THB 129.8m | THB 112.3m |
| Shares outstanding | 499m | 499m | 507m | 507m | 498m | 423m | 410m | 410m | 380m | 503m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 243.0m | THB 200.4m | THB 325.7m | THB 234.9m | THB 686.4m | THB 502.3m | THB 105.9m | −THB 11.5m | THB 3.4m | THB 67.5m |
| Capital spending | −THB 11.1m | −THB 91.7m | −THB 56.9m | −THB 188.4m | −THB 110.2m | −THB 42.5m | −THB 32.7m | −THB 58.9m | −THB 55.0m | −THB 141.9m |
| Free cash flow | THB 231.8m | THB 108.6m | THB 268.9m | THB 46.5m | THB 576.2m | THB 459.8m | THB 73.2m | −THB 70.4m | −THB 51.6m | −THB 74.4m |
| Dividends paid | −THB 49.9m | −THB 842 | −THB 116.5m | −THB 277.8m | −THB 317.8m | −THB 317.8m | −THB 317.8m | −THB 294.2m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 229.2m | THB 297.9m | THB 353.4m | THB 360.1m | THB 263.8m | THB 242.9m | THB 232.1m | THB 265.8m |
| Gross profit | THB 72.5m | THB 109.4m | THB 165.9m | THB 160.3m | THB 108.5m | THB 100.2m | THB 111.2m | THB 122.9m |
| Operating income | THB 583,000 | — | THB 30.7m | THB 61.3m | THB 33.3m | THB 33.8m | THB 17.3m | THB 38.9m |
| Net income | THB 14.2m | THB 28.4m | THB 28.2m | THB 53.7m | THB 21.8m | THB 39.3m | THB 26.0m | THB 37.5m |
| Diluted earnings per share | 0.03 | 0.06 | 0.06 | 0.11 | 0.04 | 0.08 | 0.05 | 0.08 |
| Cash from operations | THB 11.0m | THB 53.0m | THB 51.0m | THB 71.0m | THB 64.0m | THB 58.0m | THB 50.0m | THB 57.0m |
| Capital spending | −THB 9.0m | −THB 47.0m | −THB 1.0m | −THB 24.0m | −THB 13.0m | −THB 2.0m | −THB 4.0m | −THB 67.0m |
| Free cash flow | THB 2.0m | THB 6.0m | THB 50.0m | THB 47.0m | THB 51.0m | THB 56.0m | THB 46.0m | −THB 10.0m |
| Total assets | THB 1.66bn | THB 1.74bn | THB 1.78bn | THB 1.76bn | THB 1.75bn | THB 1.74bn | THB 1.71bn | THB 1.78bn |
| Cash and short-term investments | — | — | THB 446.1m | THB 370.8m | THB 393.8m | THB 379.6m | THB 351.8m | THB 400.6m |
| Debt | — | — | THB 61.8m | THB 75.4m | THB 95.5m | THB 115.4m | THB 141.9m | THB 233.7m |
| Shareholders' equity | THB 1.36bn | THB 1.40bn | THB 1.37bn | THB 1.33bn | THB 1.33bn | THB 1.31bn | THB 1.27bn | THB 1.26bn |
Financial ratios
Data as of 2 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 43.8% | 49.7% | 49.9% | 49.0% | 55.1% | 56.6% |
| Operating margin | 12.8% | 21.5% | 18.1% | 20.3% | 32.2% | 28.7% |
| Net margin | 11.7% | 16.9% | 15.1% | 17.0% | 25.7% | 23.0% |
| Return on equity | 10.4% | 14.9% | 23.2% | 27.9% | 60.3% | 69.2% |
| Return on assets | 8.0% | 11.1% | 13.0% | 19.3% | 36.0% | 37.8% |
| Free cash flow yield | 25.4% | 29.3% | 37.7% | 41.8% | 80.0% | 64.4% |
| Revenue growth | 8.9% | -22.7% | -8.0% | -15.4% | 39.4% | 75.3% |
| Earnings growth | -24.5% | -13.3% | -18.7% | -44.0% | 56.1% | 11524.2% |
| Current ratio | 1.71x | 1.62x | 1.20x | 3.27x | 2.59x | 2.40x |
| Debt to equity | 0.05x | 0.11x | 0.43x | 0.01x | 0.01x | 0.02x |
| Equity ratio | 76.9% | 74.4% | 55.9% | 69.3% | 59.7% | 54.5% |
| Interest coverage | 32.75x | 17.00x | 28.32x | 399.57x | 743.02x | 303.39x |
| Buybacks as a share of market value | 0.0% | 1.6% | -0.1% | -1.8% | -17.7% | -3.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.2% | -1.8% | 3.6% |
| Operating income | -18.5% | -16.4% | — |
| Net income | -18.9% | -14.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 46.6% | 48.2% | 51.0% | 46.1% |
| Operating margin | 14.8% | 15.5% | 21.2% | 10.1% |
| Net margin | 14.2% | 15.3% | 18.7% | 7.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.9 | 10.3 | 17.7 | 32.8 | 23.5 | 8.0 | 195.5 | 22.8 | 53.9 | -6.7 |
| Price to sales | 1.4 | 1.7 | 2.7 | 5.6 | 6.0 | 1.8 | 0.7 | 0.5 | 0.8 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 28 Aug 2025.
| FY2025 | FY2023 | FY2022 | FY2021 | FY2013 | FY2012 | FY2011 | FY2010 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.10 | 0.23 | 0.60 | 0.70 | 0.655 | 0.89 | 0.711 | 0.672 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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