0.88
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 696.5m
FY2017FY2025
Net income
THB 98.7m
FY2017FY2025
Free cash flow
THB 71.8m
FY2017FY2025
Shareholders' equity
THB 1.56bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 696.5m | THB 713.0m | THB 709.4m | THB 635.9m | THB 585.5m | THB 635.5m | THB 789.3m | THB 779.1m | THB 848.9m |
| Gross profit | THB 364.4m | THB 388.1m | THB 362.1m | THB 317.4m | THB 287.7m | THB 366.5m | THB 481.2m | THB 438.7m | THB 540.0m |
| Operating income | THB 100.3m | THB 119.0m | THB 116.9m | THB 73.8m | THB 102.1m | THB 147.2m | THB 200.5m | THB 158.7m | THB 221.0m |
| Net income | THB 98.7m | THB 114.8m | THB 99.8m | THB 52.1m | THB 78.5m | THB 110.6m | THB 168.0m | THB 116.8m | THB 164.3m |
| Diluted earnings per share | 0.08 | 0.09 | 0.08 | 0.04 | 0.09 | 0.23 | 0.13 | 0.09 | 0.12 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 1.83bn | THB 1.80bn | THB 1.75bn | THB 1.67bn | THB 800.7m | THB 1.02bn | THB 879.2m | THB 970.2m | THB 668.6m |
| Cash and short-term investments | THB 1.06bn | THB 1.04bn | THB 1.03bn | THB 1.07bn | THB 235.6m | THB 430.8m | THB 275.8m | THB 353.2m | THB 219.9m |
| Total liabilities | THB 274.3m | THB 262.8m | THB 263.4m | THB 281.6m | THB 277.9m | THB 269.2m | THB 300.3m | THB 325.1m | THB 225.7m |
| Debt | THB 67.2m | THB 95.0m | THB 78.2m | THB 102.7m | THB 110.1m | THB 116.4m | THB 99.7m | THB 121.8m | THB 2.0m |
| Shareholders' equity | THB 1.56bn | THB 1.54bn | THB 1.49bn | THB 1.39bn | THB 527.2m | THB 740.6m | THB 578.9m | THB 636.3m | THB 419.7m |
| Shares outstanding | 1,316m | 1,316m | 1,316m | 1,253m | 900m | 491m | 1,316m | 1,316m | 1,316m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 93.2m | THB 138.8m | THB 30.5m | THB 66.6m | THB 134.3m | THB 187.3m | THB 146.7m | THB 106.9m | — |
| Capital spending | −THB 21.4m | −THB 28.0m | −THB 24.2m | −THB 29.8m | −THB 16.3m | −THB 10.8m | −THB 61.1m | −THB 15.6m | — |
| Free cash flow | THB 71.8m | THB 110.7m | THB 6.3m | THB 36.8m | THB 118.0m | THB 176.5m | THB 85.6m | THB 91.3m | — |
| Dividends paid | −THB 78.9m | −THB 53.6m | −THB 2.7m | −THB 40.0m | −THB 520.0m | −THB 90.0m | −THB 105.6m | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 189.4m | THB 180.6m | THB 181.2m | THB 170.9m | THB 172.2m | THB 172.2m | THB 183.3m | THB 175.4m |
| Gross profit | THB 96.0m | THB 93.3m | THB 88.0m | THB 96.7m | THB 88.9m | THB 90.8m | THB 93.8m | THB 100.1m |
| Operating income | THB 33.2m | THB 27.6m | THB 14.6m | THB 29.4m | THB 28.9m | THB 30.3m | THB 32.6m | THB 18.8m |
| Net income | THB 26.9m | THB 27.4m | THB 20.6m | THB 26.6m | THB 25.3m | THB 26.3m | THB 28.7m | THB 21.2m |
| Diluted earnings per share | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Cash from operations | THB 21.0m | THB 23.0m | THB 19.0m | THB 19.0m | THB 6.0m | THB 44.0m | THB 41.0m | −THB 3.0m |
| Capital spending | −THB 11.0m | −THB 2.0m | −THB 1.0m | −THB 5.0m | −THB 3.0m | −THB 10.0m | −THB 11.0m | −THB 4.0m |
| Free cash flow | THB 10.0m | THB 21.0m | THB 18.0m | THB 14.0m | THB 3.0m | THB 34.0m | THB 30.0m | −THB 7.0m |
| Total assets | THB 1.77bn | THB 1.83bn | THB 1.83bn | THB 1.79bn | THB 1.77bn | THB 1.82bn | THB 1.80bn | THB 1.77bn |
| Cash and short-term investments | — | THB 1.07bn | THB 1.06bn | THB 1.04bn | THB 1.03bn | THB 1.08bn | THB 1.04bn | THB 1.01bn |
| Debt | — | THB 11.2m | THB 39.3m | THB 38.9m | THB 22.9m | THB 37.5m | THB 37.9m | THB 38.7m |
| Shareholders' equity | THB 1.54bn | THB 1.59bn | THB 1.56bn | THB 1.54bn | THB 1.52bn | THB 1.57bn | THB 1.54bn | THB 1.51bn |
Financial ratios
Data as of 5 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 52.3% | 54.4% | 51.0% | 49.9% | 49.1% | 57.7% |
| Operating margin | 14.4% | 19.9% | 18.7% | 11.6% | 17.6% | 23.2% |
| Net margin | 14.2% | 16.1% | 14.1% | 8.2% | 13.4% | 17.4% |
| Return on equity | 6.3% | 7.4% | 6.7% | 3.7% | 14.9% | 14.9% |
| Return on assets | 5.4% | 6.4% | 5.7% | 3.1% | 9.8% | 10.9% |
| Free cash flow yield | 9.6% | 13.9% | 4.6% | 8.5% | 18.4% | 44.3% |
| Revenue growth | -2.3% | 0.5% | 11.6% | 8.6% | -7.9% | -19.5% |
| Earnings growth | -14.0% | 15.0% | 91.7% | -33.6% | -29.1% | -34.2% |
| Current ratio | 7.56x | 7.70x | 7.89x | 7.31x | 2.61x | 4.42x |
| Debt to equity | 0.03x | 0.02x | 0.01x | 0.02x | 0.05x | 0.03x |
| Equity ratio | 85.4% | 85.8% | 85.3% | 83.4% | 65.8% | 72.9% |
| Interest coverage | 24.88x | 34.22x | 30.79x | 15.48x | 20.56x | 27.56x |
| Buybacks as a share of market value | 0.0% | 0.0% | -5.0% | -39.2% | -83.2% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.1% | 1.8% | — |
| Operating income | 10.8% | -7.4% | — |
| Net income | 23.8% | -2.2% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 53.4% | 52.0% | 52.5% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 12.1 | 12.0 | 21.1 | 46.7 |
| Price to sales | 1.7 | 1.9 | 3.0 | 3.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 11 Mar 2025.
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Paid in the year | 0.06 | 0.049 | 0.002 |
- 21-for-20 split · 2 May 2024
- 1.04-for-1 split · 28 Apr 2023
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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