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C

Chayo Group PCL CHAYO.BK · THB

Industrials · SET · 🇹🇭 Thailand

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1.22

+1.67%

Close of 9 Nov 2026, in THB

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At a glance

Figures in THB, from our data supplier.

FY2025

Revenue

THB 2.19bn

FY2016FY2025

Net income

−THB 543.2m

FY2016FY2025

Free cash flow

−THB 374.1m

FY2016FY2025

Shareholders' equity

THB 3.00bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 2.19bnTHB 2.03bnTHB 1.53bnTHB 999.2mTHB 720.4mTHB 479.1mTHB 296.9mTHB 257.5mTHB 206.3mTHB 197.1m
Research and development——THB 0THB 0THB 0THB 0THB 0THB 0THB 0THB 0
Operating income−THB 219.8mTHB 721.7mTHB 722.6mTHB 451.6mTHB 295.2mTHB 206.7mTHB 119.7mTHB 102.2mTHB 87.5mTHB 93.9m
Net income−THB 543.2mTHB 241.2mTHB 391.1mTHB 251.2mTHB 219.0mTHB 155.4mTHB 111.4mTHB 85.5mTHB 58.2mTHB 70.9m
Diluted earnings per share-0.470.210.340.220.190.140.130.110.100.12

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 8.80bnTHB 9.71bnTHB 9.33bnTHB 7.20bnTHB 5.09bnTHB 2.81bnTHB 1.82bnTHB 828.8mTHB 415.5mTHB 307.4m
Cash and short-term investmentsTHB 272.9mTHB 414.1mTHB 631.2mTHB 1.03bnTHB 1.33bnTHB 709.8mTHB 460.7mTHB 149.0mTHB 59.0mTHB 80.9m
Total liabilitiesTHB 4.70bnTHB 5.13bnTHB 5.04bnTHB 3.35bnTHB 1.63bnTHB 1.66bnTHB 822.9mTHB 65.6mTHB 82.3mTHB 31.9m
DebtTHB 4.29bnTHB 4.68bnTHB 4.67bnTHB 3.12bnTHB 1.47bnTHB 1.59bnTHB 576.7mTHB 33.7mTHB 53.0mTHB 2.7m
Shareholders' equityTHB 3.00bnTHB 3.55bnTHB 3.35bnTHB 2.96bnTHB 2.59bnTHB 1.13bnTHB 987.4mTHB 748.3mTHB 333.2mTHB 275.5m
Shares outstanding1,166m1,137m1,137m1,137m1,154m1,124m857m798m600m600m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−THB 371.1m−THB 123.4m−THB 1.90bn−THB 2.04bn−THB 1.33bn−THB 765.7m−THB 349.2m−THB 231.6m−THB 59.6mTHB 102.9m
Capital spending−THB 3.0m−THB 5.8m−THB 24.0m−THB 11.5m−THB 4.0m−THB 2.2m−THB 2.7m−THB 3.7m−THB 4.1m−THB 3.9m
Free cash flow−THB 374.1m−THB 129.1m−THB 1.93bn−THB 2.05bn−THB 1.33bn−THB 767.9m−THB 351.9m−THB 235.3m−THB 63.6mTHB 99.0m
Dividends paid−THB 1.6m−THB 39.8m−THB 3.9m−THB 3.7m−THB 4.8m−THB 4.8m−THB 24.0m−THB 61.6m−THB 61.6m−THB 41.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 453.5mTHB 466.3mTHB 517.4mTHB 585.6mTHB 529.2mTHB 548.6mTHB 527.9mTHB 526.4m
Operating incomeTHB 199.2mTHB 228.7m−THB 840.6mTHB 221.4mTHB 233.1mTHB 226.3mTHB 155.8mTHB 252.4m
Net incomeTHB 98.9mTHB 102.8m−THB 746.2mTHB 28.3mTHB 94.6mTHB 80.2mTHB 60.7mTHB 100.5m
Diluted earnings per share0.080.09-0.640.020.080.070.050.09
Cash from operationsTHB 6.0mTHB 122.0m−THB 281.0mTHB 65.0mTHB 34.0mTHB 37.0m−THB 40.0mTHB 50.0m
Capital spending———−THB 1.0m——−THB 2.0m−THB 1.0m
Free cash flow———THB 64.0m——−THB 42.0mTHB 49.0m
Total assetsTHB 8.94bnTHB 8.85bnTHB 8.80bnTHB 9.85bnTHB 9.83bnTHB 9.73bnTHB 9.71bnTHB 9.77bn
Cash and short-term investmentsTHB 277.2mTHB 271.1mTHB 272.9mTHB 318.2mTHB 320.4mTHB 316.8mTHB 414.1mTHB 608.3m
DebtTHB 4.15bnTHB 4.17bnTHB 4.28bnTHB 4.47bnTHB 4.53bnTHB 4.55bnTHB 4.67bnTHB 4.82bn
Shareholders' equityTHB 3.21bnTHB 3.11bnTHB 3.00bnTHB 3.75bnTHB 3.72bnTHB 3.63bnTHB 3.55bnTHB 3.49bn

Financial ratios

Data as of 1 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating margin-9.9%38.9%54.1%50.9%52.6%51.8%——
Net margin-24.7%11.9%25.6%25.1%30.4%32.4%——
Return on equity-18.1%6.8%11.7%8.5%8.5%13.7%——
Return on assets-6.2%2.5%4.2%3.5%4.3%5.5%——
Free cash flow yield-24.7%-8.1%-129.1%-139.3%-89.5%-53.1%——
Revenue growth8.3%32.7%52.8%38.7%50.4%61.4%——
Earnings growth-325.2%-38.3%55.7%14.7%41.0%39.4%——
Current ratio0.57x0.74x1.44x9.60x4.22x1.70x——
Debt to equity1.42x1.32x1.39x1.05x0.57x1.40x——
Equity ratio34.1%36.6%35.9%41.1%50.8%40.2%——
Interest coverage-0.74x2.54x3.25x3.18x3.36x4.71x——
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value-2.5%0.0%0.0%1.4%-2.6%-31.2%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue30.0%35.6%31.6%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin11.9%24.8%27.4%29.4%
Net margin-7.2%5.0%9.0%11.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Price to earnings-2.813.315.536.761.447.723.817.4
Price to sales0.71.64.09.218.715.48.95.8

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 2 May 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.0010.0340.0020.0030.0050.0040.0230.06
  • 41-for-40 split · 2 May 2025
  • 1.02-for-1 split · 9 Oct 2023
  • 1.02-for-1 split · 8 May 2023
  • 1.025-for-1 split · 9 Jan 2023
  • 31-for-30 split · 5 Apr 2022
  • 31-for-30 split · 7 Jan 2022

Sources and methodology

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

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