2.74
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 3.66bn
FY2016FY2025
Net income
THB 361.4m
FY2016FY2025
Free cash flow
THB 539.0m
FY2016FY2025
Shareholders' equity
THB 2.69bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 3.66bn | THB 3.83bn | THB 3.51bn | THB 3.66bn | THB 3.00bn | THB 2.24bn | THB 2.37bn | THB 2.42bn | THB 2.20bn | THB 1.96bn |
| Gross profit | THB 1.34bn | THB 1.42bn | THB 1.12bn | THB 1.06bn | THB 1.02bn | THB 713.0m | THB 768.2m | THB 820.6m | THB 823.1m | THB 753.5m |
| Operating income | THB 507.4m | THB 481.4m | THB 361.0m | THB 333.5m | THB 197.4m | −THB 17.5m | THB 65.2m | THB 211.7m | THB 172.7m | THB 212.3m |
| Net income | THB 361.4m | THB 251.6m | THB 136.1m | THB 151.8m | THB 98.3m | −THB 136.8m | −THB 2.9m | THB 162.6m | THB 109.6m | THB 154.1m |
| Diluted earnings per share | 0.38 | 0.26 | 0.14 | 0.16 | 0.10 | -0.14 | -0.00 | 0.17 | 0.15 | 0.16 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 6.04bn | THB 6.47bn | THB 6.39bn | THB 6.77bn | THB 7.02bn | THB 6.10bn | THB 5.60bn | THB 3.82bn | THB 3.22bn | THB 2.78bn |
| Cash and short-term investments | THB 135.4m | THB 415.4m | THB 165.2m | THB 122.7m | THB 193.9m | THB 493.6m | THB 215.5m | THB 126.0m | THB 45.7m | THB 43.1m |
| Total liabilities | THB 3.31bn | THB 3.93bn | THB 3.97bn | THB 4.42bn | THB 4.73bn | THB 4.01bn | THB 3.40bn | THB 1.60bn | THB 1.99bn | THB 1.71bn |
| Debt | THB 2.66bn | THB 3.26bn | THB 3.42bn | THB 3.77bn | THB 3.99bn | THB 3.40bn | THB 2.63bn | THB 1.16bn | THB 1.56bn | THB 1.30bn |
| Shareholders' equity | THB 2.69bn | THB 2.51bn | THB 2.37bn | THB 2.27bn | THB 2.19bn | THB 1.99bn | THB 2.13bn | THB 2.22bn | THB 1.22bn | THB 1.06bn |
| Shares outstanding | 960m | 960m | 960m | 960m | 960m | 960m | 960m | 960m | 755m | 960m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 834.0m | THB 808.5m | THB 733.7m | THB 617.6m | −THB 306.8m | THB 79.4m | THB 87.4m | THB 320.1m | THB 207.0m | THB 259.0m |
| Capital spending | −THB 294.9m | −THB 258.4m | −THB 159.1m | −THB 274.3m | −THB 875.7m | −THB 514.1m | −THB 314.6m | −THB 581.1m | −THB 436.0m | −THB 564.5m |
| Free cash flow | THB 539.0m | THB 550.1m | THB 574.6m | THB 343.3m | −THB 1.18bn | −THB 434.7m | −THB 227.2m | −THB 261.0m | −THB 229.0m | −THB 305.5m |
| Dividends paid | −THB 115.2m | −THB 67.2m | −THB 38.4m | −THB 38.4m | — | −THB 19.2m | −THB 67.2m | −THB 48.0m | −THB 100.1m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 907.0m | THB 980.5m | THB 894.0m | THB 789.5m | THB 949.5m | THB 1.03bn | THB 970.2m | THB 877.1m |
| Gross profit | THB 346.3m | THB 406.0m | THB 343.4m | THB 271.8m | THB 353.0m | THB 375.9m | THB 352.8m | THB 313.8m |
| Operating income | THB 107.6m | THB 181.7m | THB 126.0m | THB 66.2m | THB 120.9m | THB 194.3m | THB 156.5m | −THB 69.3m |
| Net income | THB 83.7m | THB 172.0m | THB 83.1m | THB 40.6m | THB 107.3m | THB 130.3m | THB 84.1m | −THB 96.3m |
| Diluted earnings per share | 0.09 | 0.18 | 0.09 | 0.04 | 0.11 | 0.14 | 0.09 | -0.10 |
| Cash from operations | THB 103.0m | THB 174.0m | THB 207.0m | THB 95.0m | THB 260.0m | THB 270.0m | THB 249.0m | −THB 20.0m |
| Capital spending | −THB 33.0m | −THB 38.0m | −THB 58.0m | −THB 129.0m | −THB 47.0m | −THB 59.0m | −THB 67.0m | −THB 87.0m |
| Free cash flow | THB 70.0m | THB 136.0m | THB 149.0m | −THB 34.0m | THB 213.0m | THB 211.0m | THB 182.0m | −THB 107.0m |
| Total assets | THB 6.26bn | THB 6.30bn | THB 6.04bn | THB 6.01bn | THB 5.98bn | THB 6.17bn | THB 6.47bn | THB 6.16bn |
| Cash and short-term investments | THB 160.2m | THB 274.6m | THB 135.4m | THB 109.9m | THB 189.3m | THB 177.6m | THB 415.4m | THB 117.0m |
| Debt | THB 2.60bn | THB 2.60bn | THB 2.51bn | THB 2.58bn | THB 2.59bn | THB 2.71bn | THB 3.11bn | THB 2.95bn |
| Shareholders' equity | THB 2.86bn | THB 2.89bn | THB 2.69bn | THB 2.64bn | THB 2.62bn | THB 2.64bn | THB 2.51bn | THB 2.44bn |
Financial ratios
Data as of 27 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 36.6% | 37.0% | 31.8% | 29.0% | 33.9% | 31.8% |
| Operating margin | 14.5% | 13.0% | 10.3% | 9.1% | 7.0% | -3.2% |
| Net margin | 9.9% | 6.6% | 3.9% | 4.1% | 3.3% | -6.1% |
| Return on equity | 13.4% | 10.0% | 5.8% | 6.7% | 4.5% | -6.9% |
| Return on assets | 6.0% | 3.9% | 2.1% | 2.2% | 1.4% | -2.2% |
| Free cash flow yield | 45.2% | 42.7% | 35.8% | 35.7% | 22.8% | 23.8% |
| Revenue growth | -4.3% | 9.2% | -4.2% | 21.9% | 34.0% | -5.6% |
| Earnings growth | 43.6% | 84.9% | -10.3% | 54.4% | -171.9% | 4583.0% |
| Current ratio | 0.75x | 0.76x | 0.55x | 0.60x | 0.62x | 0.59x |
| Debt to equity | 0.93x | 1.24x | 1.38x | 1.58x | 1.80x | 1.68x |
| Equity ratio | 44.6% | 38.7% | 37.0% | 33.6% | 31.2% | 32.7% |
| Interest coverage | 4.36x | 2.90x | 1.66x | 2.13x | 2.20x | -0.89x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 0.0% | 10.3% | 6.7% |
| Operating income | 15.0% | — | 12.4% |
| Net income | 33.5% | — | 13.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 36.8% | 33.6% | 33.5% | 34.2% |
| Operating margin | 13.2% | 11.5% | 9.4% | 8.7% |
| Net margin | 8.2% | 6.1% | 4.3% | 4.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.3 | 8.6 | 14.5 | 12.7 | 21.3 | -9.6 | -529.3 | 14.6 |
| Price to sales | 0.6 | 0.6 | 0.6 | 0.5 | 0.7 | 0.6 | 0.7 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 13 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|
| Paid in the year | 0.15 | 0.12 | 0.07 | 0.04 | 0.02 | 0.07 | 0.05 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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