0.20
-4.76%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Net income
THB 169.1m
FY2015FY2024
Free cash flow
−THB 318.3m
FY2015FY2024
Shareholders' equity
THB 3.64bn
FY2015FY2024
Income statement
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | THB 130.3m | THB 359.6m | −THB 488.8m | THB 18.5m | −THB 82.4m | THB 352.4m | THB 101.1m | THB 288.7m | THB 585.3m | THB 924.6m |
| Net income | THB 169.1m | THB 387.3m | −THB 521.3m | THB 346.8m | THB 63.2m | THB 736.5m | THB 4.6m | THB 339.6m | THB 805.8m | THB 807.4m |
| Diluted earnings per share | 0.02 | 0.04 | -0.06 | 0.03 | 0.01 | 0.11 | 0.00 | 0.05 | 0.12 | 0.21 |
Balance sheet
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 4.00bn | THB 3.55bn | THB 3.12bn | THB 3.90bn | THB 2.57bn | THB 3.43bn | THB 2.77bn | THB 2.70bn | THB 2.86bn | THB 2.12bn |
| Cash and short-term investments | THB 1.01bn | THB 1.19bn | THB 1.33bn | THB 1.48bn | THB 1.59bn | THB 2.03bn | THB 1.05bn | THB 1.74bn | THB 2.33bn | THB 1.72bn |
| Total liabilities | THB 366.0m | THB 675.3m | THB 505.0m | THB 724.2m | THB 168.7m | THB 936.0m | THB 650.8m | THB 273.3m | THB 289.4m | THB 195.8m |
| Debt | THB 220.5m | THB 501.3m | THB 362.1m | THB 425.0m | — | THB 350.0m | THB 500.0m | THB 109.1m | THB 3.6m | — |
| Shareholders' equity | THB 3.64bn | THB 2.87bn | THB 2.61bn | THB 3.18bn | THB 2.40bn | THB 2.50bn | THB 2.11bn | THB 2.43bn | THB 2.57bn | THB 1.92bn |
| Shares outstanding | 9,997m | 9,315m | 8,957m | 10,160m | 7,643m | 6,758m | 6,603m | 6,603m | 6,509m | 3,880m |
Cash flow
Fiscal years
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 102.9m | THB 617.7m | THB 36.3m | −THB 662.3m | −THB 117.3m | THB 988.6m | THB 340.2m | −THB 30.0m | THB 817.4m | THB 378.5m |
| Capital spending | −THB 215.4m | −THB 2.1m | −THB 46.3m | −THB 22.1m | −THB 5.4m | — | −THB 256,000 | −THB 200,100 | −THB 17.1m | −THB 800,100 |
| Free cash flow | −THB 318.3m | THB 615.6m | −THB 10.0m | −THB 684.5m | −THB 122.8m | THB 988.6m | THB 339.9m | −THB 30.2m | THB 800.3m | THB 377.7m |
| Dividends paid | −THB 247.7m | −THB 116.4m | −THB 193.3m | −THB 223.1m | −THB 411.4m | −THB 338.3m | −THB 298.7m | −THB 391.9m | −THB 332.4m | −THB 182.7m |
Latest quarters
By quarter end
| Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Dec 2023 | Sept 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | −THB 144.7m | −THB 137.4m | THB 64.5m | −THB 263.0m | THB 420.0m | −THB 112.3m | −THB 66.1m | THB 93.7m |
| Net income | −THB 130.7m | −THB 331.8m | THB 64.2m | −THB 181.8m | THB 398.9m | −THB 84.2m | −THB 15.9m | THB 88.4m |
| Diluted earnings per share | -0.01 | -0.03 | 0.01 | -0.02 | 0.04 | -0.01 | -0.00 | 0.01 |
| Total assets | THB 3.77bn | THB 3.75bn | THB 4.00bn | THB 3.93bn | THB 3.55bn | THB 2.94bn | THB 3.25bn | THB 3.26bn |
| Cash and short-term investments | THB 638.4m | THB 727.5m | THB 1.01bn | THB 997.4m | THB 1.19bn | THB 925.2m | THB 1.17bn | THB 1.28bn |
| Debt | THB 626.6m | THB 320.0m | THB 220.0m | THB 220.0m | THB 500.5m | THB 310.7m | THB 500.9m | THB 421.1m |
| Shareholders' equity | THB 3.01bn | THB 3.30bn | THB 3.64bn | THB 3.56bn | THB 2.87bn | THB 2.48bn | THB 2.62bn | THB 2.70bn |
Financial ratios
Data as of 26 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | -365.6% | 42.1% | 105.0% | -214.5% | 101.5% | 57.2% | — | — |
| Net margin | -330.8% | 47.1% | 96.1% | -224.5% | 68.9% | 58.1% | — | — |
| Return on equity | -34.2% | 4.7% | 13.5% | -20.0% | 10.9% | 2.6% | — | — |
| Return on assets | -26.1% | 4.2% | 10.9% | -16.7% | 8.9% | 2.5% | — | — |
| Free cash flow yield | -1.7% | 4.0% | 25.6% | 3.4% | — | — | — | 87.5% |
| Revenue growth | -28.2% | -10.9% | 73.6% | -53.9% | 362.4% | -90.9% | — | — |
| Earnings growth | -604.4% | -56.3% | -174.3% | -250.3% | 448.5% | -91.4% | — | — |
| Current ratio | 1.06x | 8.49x | 4.59x | 5.76x | 6.30x | 38.48x | — | — |
| Debt to equity | 0.26x | 0.06x | 0.17x | 0.14x | 0.13x | 0.01x | — | — |
| Equity ratio | 76.3% | 90.9% | 81.0% | 83.8% | 81.4% | 93.4% | — | — |
| Interest coverage | -62.16x | 19.18x | 36.80x | -46.03x | 61.89x | 26.15x | — | — |
| Buybacks as a share of market value | 0.0% | -15.9% | 0.0% | -2625.6% | — | — | -40.9% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -43.9% | -41.5% | -11.9% |
| Operating income | 91.7% | -18.0% | -0.0% |
| Net income | -21.3% | -25.5% | -4.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 132.3% | 2.4% | 15.6% | 49.3% |
| Net margin | 150.2% | 46.2% | 63.7% | 72.1% |
Valuation history
At each fiscal year end
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 32.5 | 14.2 | -7.0 | 31.2 | 41.3 | 3.4 | — | 12.3 | 5.5 | 2.5 |
| Price to sales | 82.0 | 18.1 | 48.6 | 28.4 | 50.1 | 2.5 | 8.5 | 8.9 | 5.8 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 16 years. Last went ex-dividend on 27 Aug 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.023 | 0.025 | 0.012 | 0.01 | 0.026 | 0.055 | 0.051 | 0.043 |
- 11-for-10 split · 14 Mar 2022
- 4-for-1 split · 13 May 2015
- 5-for-4 split · 21 Aug 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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