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Industrials · SET · 🇹🇭 Thailand

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4.94

-0.40%

Close of 9 Nov 2026, in THB

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in THB, from our data supplier.

FY2025

Revenue

THB 756.8m

FY2016FY2025

Net income

THB 291.0m

FY2016FY2025

Free cash flow

THB 76.7m

FY2016FY2025

Shareholders' equity

THB 1.10bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 756.8mTHB 680.4mTHB 783.3mTHB 653.9mTHB 608.0mTHB 595.6mTHB 508.0mTHB 458.9mTHB 414.2mTHB 378.2m
Gross profitTHB 459.3mTHB 438.2mTHB 515.3mTHB 438.4mTHB 385.2mTHB 342.3mTHB 295.0mTHB 243.9mTHB 200.8mTHB 185.1m
Operating incomeTHB 320.1mTHB 312.3mTHB 350.8mTHB 316.1mTHB 274.7mTHB 207.2mTHB 98.3mTHB 117.3mTHB 89.2mTHB 81.5m
Net incomeTHB 291.0mTHB 275.7mTHB 290.3mTHB 270.7mTHB 233.2mTHB 178.5mTHB 143.9mTHB 104.1mTHB 76.6mTHB 72.6m
Diluted earnings per share0.350.340.350.330.280.220.180.130.090.09

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 1.55bnTHB 1.41bnTHB 1.39bnTHB 1.21bnTHB 1.05bnTHB 1.00bnTHB 684.2mTHB 692.9mTHB 641.1mTHB 578.2m
Cash and short-term investmentsTHB 342.1mTHB 470.3mTHB 441.6mTHB 423.0mTHB 408.0mTHB 319.0mTHB 258.0mTHB 239.0mTHB 218.9mTHB 140.4m
Total liabilitiesTHB 453.3mTHB 365.3mTHB 358.8mTHB 326.2mTHB 287.4mTHB 289.6mTHB 183.3mTHB 187.7mTHB 172.3mTHB 175.1m
DebtTHB 54.8mTHB 16.0mTHB 20.0mTHB 23.4mTHB 22.0mTHB 41.8m————
Shareholders' equityTHB 1.10bnTHB 1.04bnTHB 1.03bnTHB 881.9mTHB 758.1mTHB 710.5mTHB 500.9mTHB 505.2mTHB 468.8mTHB 403.1m
Shares outstanding821m821m821m821m821m821m821m821m821m797m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTHB 116.5mTHB 218.4mTHB 225.3mTHB 272.8mTHB 303.1mTHB 200.3mTHB 225.7mTHB 86.2mTHB 92.5mTHB 101.5m
Capital spending−THB 39.8m−THB 32.8m−THB 15.2m−THB 10.7m−THB 27.8m−THB 13.0m−THB 70.0m−THB 26.7m−THB 14.9m−THB 22.1m
Free cash flowTHB 76.7mTHB 185.6mTHB 210.1mTHB 262.1mTHB 275.3mTHB 187.3mTHB 155.7mTHB 59.5mTHB 77.6mTHB 79.4m
Dividends paid−THB 258.3m−THB 262.4m−THB 254.3m−THB 225.5m−THB 184.5m−THB 139.4m−THB 147.6m−THB 65.6m−THB 55.6m−THB 47.6m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 206.8mTHB 194.2mTHB 161.4mTHB 221.5mTHB 191.0mTHB 182.9mTHB 152.1mTHB 174.4m
Gross profitTHB 118.3mTHB 120.2mTHB 102.0mTHB 124.4mTHB 113.3mTHB 119.5mTHB 91.2mTHB 123.4m
Operating incomeTHB 74.9mTHB 86.4mTHB 50.3mTHB 77.5mTHB 90.5mTHB 78.6mTHB 49.1mTHB 93.7m
Net incomeTHB 89.9mTHB 75.1mTHB 46.4mTHB 92.2mTHB 83.4mTHB 69.0mTHB 45.2mTHB 84.0m
Diluted earnings per share0.110.090.060.110.100.080.060.10
Cash from operationsTHB 81.0mTHB 53.0mTHB 12.0mTHB 29.0mTHB 22.0mTHB 52.0mTHB 72.0mTHB 68.0m
Capital spending−THB 21.0m−THB 22.0m−THB 6.0m—−THB 22.0m−THB 5.0m−THB 5.0m−THB 13.0m
Free cash flowTHB 60.0mTHB 31.0mTHB 6.0m—THB 0THB 47.0mTHB 67.0mTHB 55.0m
Total assetsTHB 1.56bnTHB 1.62bnTHB 1.55bnTHB 1.54bnTHB 1.44bnTHB 1.51bnTHB 1.41bnTHB 1.38bn
Cash and short-term investments——THB 342.1mTHB 312.8mTHB 410.6mTHB 518.2mTHB 470.3mTHB 362.6m
Debt——THB 54.8mTHB 54.7mTHB 4.6mTHB 9.0mTHB 9.6mTHB 9.2m
Shareholders' equityTHB 1.12bnTHB 1.03bnTHB 1.10bnTHB 1.03bnTHB 1.06bnTHB 1.11bnTHB 1.04bnTHB 997.3m

Financial ratios

Data as of 18 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin60.7%64.4%65.8%67.1%63.4%57.5%
Operating margin43.3%47.2%45.6%48.6%45.4%34.7%
Net margin38.5%40.5%37.1%41.4%38.4%30.0%
Return on equity26.5%26.5%28.2%30.7%30.8%25.1%
Return on assets18.8%19.6%20.9%22.4%22.3%17.8%
Free cash flow yield2.9%5.3%5.5%6.7%7.4%4.9%
Revenue growth11.2%-13.1%19.8%7.5%2.1%17.2%
Earnings growth5.5%-5.0%7.2%16.1%30.7%24.0%
Current ratio2.21x2.83x2.65x2.46x2.55x2.32x
Debt to equity0.05x0.01x0.00x0.00x0.00x0.03x
Equity ratio70.8%74.0%74.2%73.0%72.5%71.0%
Interest coverage225.80x238.16x229.97x185.82x169.19x107.43x
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue5.0%4.9%8.9%
Operating income0.4%9.1%16.2%
Net income2.4%10.3%16.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin62.4%64.4%63.2%59.6%
Operating margin44.0%45.2%43.7%36.3%
Net margin39.4%39.2%37.8%32.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.516.125.433.654.930.316.615.921.918.7
Price to sales5.66.59.413.921.19.14.73.64.03.6

Dividends and splits

Per share, in the currency the company pays

Paid for 21 years. Last went ex-dividend on 23 Feb 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.1750.3150.320.310.2450.1250.0450.115
  • 10-for-1 split · 1 Oct 2008

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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