3.52
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 5.94bn
FY2016FY2025
Net income
THB 274.7m
FY2016FY2025
Free cash flow
THB 237.8m
FY2016FY2025
Shareholders' equity
THB 3.76bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 5.94bn | THB 7.54bn | THB 6.07bn | THB 7.35bn | THB 3.79bn | THB 3.89bn | THB 4.99bn | THB 5.56bn | THB 5.74bn | THB 4.58bn |
| Gross profit | THB 895.5m | THB 1.95bn | THB 1.29bn | THB 1.75bn | THB 527.9m | THB 625.0m | THB 515.9m | THB 1.05bn | THB 1.31bn | THB 760.6m |
| Operating income | THB 342.7m | THB 1.44bn | THB 899.9m | THB 1.16bn | THB 251.6m | THB 323.7m | −THB 158.1m | THB 338.3m | THB 711.1m | THB 213.3m |
| Net income | THB 274.7m | THB 1.03bn | THB 557.7m | THB 767.2m | THB 129.3m | THB 6.1m | −THB 511.8m | THB 271.6m | THB 524.7m | THB 113.1m |
| Diluted earnings per share | 0.34 | 1.27 | 0.69 | 0.94 | 0.16 | 0.01 | -0.62 | 0.33 | 0.65 | 0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 8.18bn | THB 8.92bn | THB 8.90bn | THB 9.46bn | THB 9.06bn | THB 8.66bn | THB 9.43bn | THB 10.28bn | THB 9.23bn | THB 7.23bn |
| Cash and short-term investments | THB 172.4m | THB 777.4m | THB 261.9m | THB 989.1m | THB 69.0m | THB 60.4m | THB 40.6m | THB 179.1m | THB 229.1m | THB 85.3m |
| Total liabilities | THB 4.48bn | THB 5.08bn | THB 5.91bn | THB 6.84bn | THB 7.12bn | THB 6.81bn | THB 7.57bn | THB 7.78bn | THB 6.76bn | THB 5.13bn |
| Debt | THB 3.52bn | THB 3.96bn | THB 4.59bn | THB 5.59bn | THB 6.07bn | THB 6.00bn | THB 6.65bn | THB 6.89bn | THB 5.95bn | THB 4.48bn |
| Shareholders' equity | THB 3.76bn | THB 3.89bn | THB 3.03bn | THB 2.63bn | THB 1.94bn | THB 1.85bn | THB 1.86bn | THB 2.50bn | THB 2.47bn | THB 2.09bn |
| Shares outstanding | 812m | 812m | 812m | 812m | 814m | 811m | 821m | 817m | 812m | 812m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 546.2m | THB 1.07bn | THB 678.6m | THB 1.47bn | −THB 117.9m | THB 587.8m | THB 636.8m | −THB 120.8m | THB 470.3m | THB 397.4m |
| Capital spending | −THB 308.4m | −THB 211.1m | −THB 212.7m | −THB 164.2m | −THB 103.4m | −THB 188.1m | −THB 711.7m | −THB 918.9m | −THB 402.7m | −THB 675.3m |
| Free cash flow | THB 237.8m | THB 858.4m | THB 465.9m | THB 1.30bn | −THB 221.3m | THB 399.7m | −THB 74.8m | −THB 1.04bn | THB 67.6m | −THB 277.8m |
| Dividends paid | −THB 405.8m | −THB 162.4m | −THB 162.4m | −THB 56.8m | −THB 48.7m | −THB 48.7m | −THB 121.8m | −THB 243.8m | −THB 136.9m | −THB 148.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.75bn | THB 1.42bn | THB 763.5m | THB 1.25bn | THB 1.56bn | THB 2.36bn | THB 949.8m | THB 1.80bn |
| Gross profit | THB 196.9m | THB 405.7m | −THB 25.6m | THB 7.9m | THB 285.6m | THB 655.5m | THB 121.0m | THB 360.9m |
| Operating income | THB 47.5m | THB 272.8m | −THB 185.2m | −THB 12.4m | THB 80.5m | THB 505.8m | −THB 22.9m | THB 483.9m |
| Net income | −THB 2.6m | THB 241.7m | −THB 123.1m | −THB 35.4m | THB 30.5m | THB 402.7m | −THB 58.2m | THB 362.7m |
| Diluted earnings per share | -0.00 | 0.30 | -0.15 | -0.04 | 0.04 | 0.50 | -0.07 | 0.45 |
| Cash from operations | THB 533.0m | −THB 929.0m | THB 414.0m | THB 746.0m | THB 235.0m | −THB 946.0m | THB 466.0m | THB 1.41bn |
| Capital spending | −THB 18.0m | −THB 59.0m | −THB 97.0m | −THB 65.0m | −THB 84.0m | −THB 61.0m | −THB 116.0m | −THB 26.0m |
| Free cash flow | THB 515.0m | −THB 988.0m | THB 317.0m | THB 681.0m | THB 151.0m | −THB 1.01bn | THB 350.0m | THB 1.38bn |
| Total assets | THB 8.70bn | THB 9.80bn | THB 8.18bn | THB 8.15bn | THB 9.04bn | THB 10.16bn | THB 8.92bn | THB 8.66bn |
| Cash and short-term investments | THB 182.7m | THB 197.7m | THB 172.4m | THB 106.0m | THB 95.4m | THB 185.8m | THB 777.4m | THB 582.6m |
| Debt | THB 4.12bn | THB 4.55bn | THB 3.51bn | THB 3.76bn | THB 4.45bn | THB 4.32bn | THB 3.95bn | THB 4.13bn |
| Shareholders' equity | THB 3.86bn | THB 4.00bn | THB 3.76bn | THB 3.88bn | THB 3.92bn | THB 4.29bn | THB 3.89bn | THB 3.95bn |
Financial ratios
Data as of 23 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 15.1% | 25.8% | 21.3% | 23.8% | 13.9% | 16.1% |
| Operating margin | 8.2% | 19.5% | 14.8% | 15.8% | 7.3% | 9.3% |
| Net margin | 4.6% | 13.7% | 9.2% | 10.4% | 3.4% | 0.2% |
| Return on equity | 7.3% | 26.6% | 18.4% | 29.1% | 6.7% | 0.3% |
| Return on assets | 3.4% | 11.6% | 6.3% | 8.1% | 1.4% | 0.1% |
| Free cash flow yield | 28.6% | 42.9% | 29.8% | 54.6% | -0.5% | 26.0% |
| Revenue growth | -21.2% | 24.3% | -17.5% | 94.1% | -2.7% | -21.9% |
| Earnings growth | -73.4% | 85.4% | -27.3% | 493.3% | 2006.8% | -101.2% |
| Current ratio | 1.11x | 1.13x | 1.29x | 1.20x | 0.70x | 0.64x |
| Debt to equity | 0.93x | 1.02x | 1.51x | 2.12x | 3.13x | 3.23x |
| Equity ratio | 45.9% | 43.6% | 34.0% | 27.8% | 21.4% | 21.4% |
| Interest coverage | 3.21x | 6.66x | 4.02x | 5.19x | 1.43x | 1.09x |
| Buybacks as a share of market value | 0.0% | -0.0% | 0.0% | 0.3% | -0.4% | 1.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.9% | 8.8% | 3.5% |
| Operating income | -33.5% | 1.1% | 0.5% |
| Net income | -29.0% | 113.9% | 0.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.1% | 21.9% | 20.3% | 19.4% |
| Operating margin | 13.2% | 14.3% | 12.8% | 9.8% |
| Net margin | 9.7% | 9.8% | 8.0% | 5.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.7 | 3.4 | 6.2 | 9.2 | 34.6 | 404.3 | -6.3 | 17.1 | 14.6 | 91.6 |
| Price to sales | 0.5 | 0.5 | 0.6 | 1.0 | 1.2 | 0.6 | 0.7 | 0.8 | 1.3 | 2.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 6 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.50 | 0.20 | 0.20 | 0.07 | 0.025 | 0.024 | 0.038 | 0.169 |
- 6-for-5 split · 4 May 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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