6.15
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 16.92bn
FY2016FY2025
Net income
THB 3.78bn
FY2016FY2025
Free cash flow
−THB 13.13bn
FY2016FY2025
Shareholders' equity
THB 37.00bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 16.92bn | THB 17.00bn | THB 16.37bn | THB 14.03bn | THB 10.73bn | THB 13.49bn | THB 16.11bn | THB 15.61bn | THB 15.15bn | THB 13.10bn |
| Gross profit | THB 7.43bn | THB 7.51bn | THB 7.06bn | THB 5.58bn | THB 3.74bn | THB 5.06bn | THB 5.80bn | THB 5.84bn | THB 5.95bn | THB 5.28bn |
| Operating income | THB 6.19bn | THB 7.01bn | THB 6.59bn | THB 5.19bn | THB 655.0m | THB 4.55bn | THB 8.76bn | THB 3.97bn | THB 5.45bn | THB 4.59bn |
| Net income | THB 3.78bn | THB 3.77bn | THB 3.48bn | THB 2.44bn | THB 1.01bn | THB 2.05bn | THB 5.43bn | THB 5.32bn | THB 3.12bn | THB 2.61bn |
| Diluted earnings per share | 0.25 | 0.25 | 0.23 | 0.16 | 0.06 | 0.13 | 0.32 | 0.37 | 0.21 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 160.51bn | THB 132.77bn | THB 112.50bn | THB 114.13bn | THB 115.09bn | THB 113.62bn | THB 111.70bn | THB 103.83bn | THB 98.92bn | THB 82.79bn |
| Cash and short-term investments | THB 2.59bn | THB 2.14bn | THB 2.07bn | THB 2.73bn | THB 1.90bn | THB 2.37bn | THB 1.86bn | THB 1.81bn | THB 3.57bn | THB 5.27bn |
| Total liabilities | THB 123.51bn | THB 96.21bn | THB 74.83bn | THB 76.86bn | THB 77.39bn | THB 75.58bn | THB 72.87bn | THB 68.22bn | THB 67.74bn | THB 53.00bn |
| Debt | THB 112.42bn | THB 87.21bn | THB 68.42bn | THB 70.61bn | THB 71.35bn | THB 69.17bn | THB 66.33bn | THB 62.40bn | THB 61.41bn | THB 46.90bn |
| Shareholders' equity | THB 37.00bn | THB 36.56bn | THB 37.66bn | THB 37.26bn | THB 37.70bn | THB 37.99bn | THB 38.78bn | THB 35.50bn | THB 31.07bn | THB 29.69bn |
| Shares outstanding | 14,978m | 14,978m | 15,285m | 15,285m | 16,808m | 15,267m | 16,920m | 14,316m | 14,723m | 15,285m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 13.08bn | −THB 4.29bn | THB 4.64bn | THB 5.63bn | THB 2.87bn | THB 5.35bn | THB 7.74bn | THB 8.07bn | THB 7.15bn | THB 3.85bn |
| Capital spending | −THB 52.2m | −THB 7.19bn | −THB 639.6m | −THB 478.9m | −THB 1.20bn | −THB 3.22bn | −THB 7.28bn | −THB 10.20bn | −THB 8.02bn | −THB 991.1m |
| Free cash flow | −THB 13.13bn | −THB 11.49bn | THB 4.00bn | THB 5.15bn | THB 1.67bn | THB 2.13bn | THB 459.7m | −THB 2.13bn | −THB 871.9m | THB 2.85bn |
| Dividends paid | −THB 2.25bn | −THB 2.14bn | −THB 1.83bn | −THB 1.22bn | −THB 1.53bn | −THB 1.38bn | −THB 2.29bn | −THB 1.99bn | −THB 1.83bn | −THB 1.83bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 3.98bn | THB 4.28bn | THB 4.34bn | THB 4.32bn | THB 4.00bn | THB 4.26bn | THB 4.37bn | THB 4.37bn |
| Gross profit | THB 1.66bn | THB 1.90bn | THB 1.92bn | THB 1.92bn | THB 1.68bn | THB 1.93bn | THB 1.97bn | THB 1.94bn |
| Operating income | THB 1.34bn | THB 1.62bn | THB 1.58bn | THB 1.86bn | THB 1.73bn | THB 1.67bn | THB 1.67bn | THB 1.90bn |
| Net income | THB 1.01bn | THB 874.8m | THB 837.3m | THB 1.08bn | THB 993.1m | THB 871.0m | THB 850.8m | THB 1.07bn |
| Diluted earnings per share | 0.07 | 0.06 | 0.06 | 0.07 | 0.07 | 0.06 | 0.06 | 0.07 |
| Cash from operations | −THB 4.07bn | −THB 6.38bn | −THB 5.84bn | −THB 2.64bn | −THB 1.69bn | −THB 1.69bn | −THB 455.0m | −THB 7.74bn |
| Capital spending | −THB 18.0m | −THB 11.0m | −THB 7.35bn | −THB 2.75bn | −THB 3.22bn | −THB 1.43bn | −THB 1.80bn | −THB 5.14bn |
| Free cash flow | −THB 4.09bn | −THB 6.39bn | −THB 13.18bn | −THB 5.39bn | −THB 4.91bn | −THB 3.12bn | −THB 2.26bn | −THB 12.88bn |
| Total assets | THB 174.45bn | THB 170.93bn | THB 160.51bn | THB 151.11bn | THB 142.34bn | THB 136.28bn | THB 132.77bn | THB 128.35bn |
| Cash and short-term investments | THB 2.03bn | THB 4.78bn | THB 2.59bn | THB 2.06bn | THB 1.92bn | THB 1.83bn | THB 2.14bn | THB 2.20bn |
| Debt | THB 29.91bn | THB 122.61bn | THB 112.42bn | THB 103.73bn | THB 98.22bn | THB 90.52bn | THB 87.12bn | THB 83.31bn |
| Shareholders' equity | THB 37.16bn | THB 37.93bn | THB 37.00bn | THB 36.57bn | THB 34.74bn | THB 36.40bn | THB 36.56bn | THB 36.55bn |
Financial ratios
Data as of 10 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 43.9% | 44.2% | 43.1% | 39.8% | 34.8% | 37.5% |
| Operating margin | 36.6% | 41.2% | 40.2% | 37.0% | 6.1% | 33.7% |
| Net margin | 22.4% | 22.2% | 21.2% | 17.4% | 9.4% | 15.2% |
| Return on equity | 10.2% | 10.3% | 9.2% | 6.5% | 2.7% | 5.4% |
| Return on assets | 2.4% | 2.8% | 3.1% | 2.1% | 0.9% | 1.8% |
| Free cash flow yield | -13.4% | 3.0% | 5.3% | 6.2% | 3.7% | 8.6% |
| Revenue growth | -0.5% | 3.8% | 16.7% | 30.8% | -20.5% | -16.3% |
| Earnings growth | 0.3% | 8.3% | 42.8% | 141.2% | -50.8% | -62.3% |
| Current ratio | 0.58x | 0.27x | 0.34x | 0.46x | 0.43x | 0.37x |
| Debt to equity | 3.04x | 2.38x | 1.81x | 1.89x | 1.89x | 1.82x |
| Equity ratio | 23.1% | 27.5% | 33.5% | 32.6% | 32.8% | 33.4% |
| Interest coverage | 2.72x | 2.89x | 2.80x | 2.20x | 0.30x | 2.15x |
| Buybacks as a share of market value | 0.0% | 2.0% | 0.0% | 9.1% | -10.1% | 9.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.4% | 4.6% | 3.7% |
| Operating income | 6.0% | 6.4% | 4.3% |
| Net income | 15.8% | 13.0% | 3.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 44.0% | 42.9% | 41.1% | 39.9% |
| Operating margin | 38.9% | 38.8% | 34.1% | 35.6% |
| Net margin | 22.3% | 20.9% | 18.7% | 22.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 21.2 | 28.2 | 34.9 | 61.5 | 140.6 | 61.8 | 33.9 | 26.1 | 36.3 | 43.7 |
| Price to sales | 4.7 | 6.3 | 7.4 | 10.7 | 13.2 | 9.4 | 11.4 | 8.9 | 7.5 | 8.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 10 years. Last went ex-dividend on 10 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.15 | 0.15 | 0.14 | 0.12 | 0.08 | 0.10 | 0.09 | 0.15 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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