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Industrials · SET · 🇹🇭 Thailand

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5.55

+5.71%

Close of 9 Nov 2026, in THB

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in THB, from our data supplier.

FY2025

Revenue

THB 5.18bn

FY2016FY2025

Net income

THB 195.4m

FY2016FY2025

Free cash flow

THB 323.0m

FY2016FY2025

Shareholders' equity

THB 660.0m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 5.18bnTHB 5.90bnTHB 5.10bnTHB 5.52bnTHB 4.99bnTHB 3.60bnTHB 3.61bnTHB 3.66bnTHB 3.73bnTHB 3.98bn
Gross profitTHB 408.3mTHB 413.1mTHB 402.1mTHB 352.9mTHB 378.8mTHB 304.9mTHB 274.0mTHB 262.5mTHB 247.4mTHB 257.6m
Operating incomeTHB 245.3mTHB 265.2mTHB 254.1mTHB 216.1mTHB 243.5mTHB 175.9mTHB 152.0mTHB 124.1mTHB 113.5mTHB 130.9m
Net incomeTHB 195.4mTHB 190.7mTHB 186.3mTHB 163.4mTHB 189.1mTHB 136.0mTHB 114.8mTHB 85.8mTHB 89.5mTHB 92.6m
Diluted earnings per share0.440.430.420.370.430.310.260.200.200.21

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 1.80bnTHB 2.02bnTHB 1.84bnTHB 1.84bnTHB 1.81bnTHB 1.45bnTHB 1.18bnTHB 1.27bnTHB 1.24bnTHB 1.36bn
Cash and short-term investmentsTHB 29.3mTHB 90.5mTHB 78.0mTHB 36.4mTHB 34.2mTHB 27.5mTHB 53.1mTHB 22.1mTHB 34.4mTHB 42.3m
Total liabilitiesTHB 1.14bnTHB 1.38bnTHB 1.24bnTHB 1.26bnTHB 1.26bnTHB 931.7mTHB 707.0mTHB 817.5mTHB 797.4mTHB 929.9m
DebtTHB 824.2mTHB 1.03bnTHB 916.6mTHB 983.8mTHB 876.0mTHB 608.1mTHB 521.9mTHB 608.6mTHB 578.9mTHB 667.3m
Shareholders' equityTHB 660.0mTHB 638.7mTHB 606.4mTHB 575.2mTHB 549.9mTHB 521.8mTHB 477.7mTHB 450.9mTHB 444.7mTHB 431.2m
Shares outstanding440m440m440m440m440m440m440m440m440m440m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTHB 327.9mTHB 77.4mTHB 266.0mTHB 36.0m−THB 99.5mTHB 124.7mTHB 231.6mTHB 40.8mTHB 157.7mTHB 71.0m
Capital spending−THB 4.9m−THB 20.1m−THB 1.1m−THB 2.1m−THB 2.1m−THB 138.0m−THB 22.4m−THB 2.7m−THB 1.8m−THB 12.6m
Free cash flowTHB 323.0mTHB 57.4mTHB 264.9mTHB 34.0m−THB 101.6m−THB 13.3mTHB 209.1mTHB 38.1mTHB 155.9mTHB 58.3m
Dividends paid−THB 171.6m−THB 158.4m−THB 154.0m−THB 138.0m−THB 160.0m−THB 92.0m−THB 88.0m−THB 80.0m−THB 76.0m−THB 84.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 1.97bnTHB 1.28bnTHB 1.13bnTHB 1.31bnTHB 1.40bnTHB 1.34bnTHB 1.34bnTHB 1.43bn
Gross profitTHB 278.8mTHB 147.9mTHB 96.0mTHB 112.1mTHB 101.6mTHB 107.3mTHB 106.4mTHB 94.4m
Operating incomeTHB 177.1mTHB 109.3mTHB 50.0mTHB 75.3mTHB 62.9mTHB 68.7mTHB 64.9mTHB 51.8m
Net incomeTHB 146.4mTHB 84.8mTHB 41.3mTHB 57.0mTHB 46.5mTHB 50.6mTHB 46.7mTHB 40.7m
Diluted earnings per share0.330.190.090.130.110.120.110.09
Cash from operations−THB 521.0mTHB 131.0mTHB 113.0mTHB 27.0mTHB 47.0mTHB 139.0mTHB 54.0mTHB 146.0m
Capital spending−THB 1.0m−THB 4.0m−THB 3.0m−THB 5.0m−THB 1.0m−THB 1.0m−THB 3.0m−THB 12.0m
Free cash flow−THB 522.0mTHB 127.0mTHB 110.0mTHB 22.0mTHB 46.0mTHB 138.0mTHB 51.0mTHB 134.0m
Total assetsTHB 2.53bnTHB 2.08bnTHB 1.80bnTHB 1.96bnTHB 1.96bnTHB 1.99bnTHB 2.02bnTHB 2.02bn
Cash and short-term investmentsTHB 51.1mTHB 58.9mTHB 29.3mTHB 55.9mTHB 51.2mTHB 48.2mTHB 90.5mTHB 47.2m
DebtTHB 1.34bnTHB 725.3mTHB 823.8mTHB 958.0mTHB 892.1mTHB 846.8mTHB 1.03bnTHB 1.04bn
Shareholders' equityTHB 794.4mTHB 744.8mTHB 660.0mTHB 621.2mTHB 647.8mTHB 689.3mTHB 638.7mTHB 592.0m

Financial ratios

Data as of 30 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin7.9%7.0%7.9%6.4%7.6%8.5%
Operating margin4.7%4.5%5.0%3.9%4.9%4.9%
Net margin3.8%3.2%3.7%3.0%3.8%3.8%
Return on equity29.6%29.9%30.7%28.4%34.4%26.1%
Return on assets10.9%9.5%10.1%8.9%10.5%9.4%
Free cash flow yield14.1%4.1%11.3%1.6%-4.1%11.2%
Revenue growth-12.3%15.7%-7.6%10.7%38.7%-0.4%
Earnings growth2.5%2.4%14.0%-13.6%39.0%18.5%
Current ratio1.39x1.30x1.32x1.28x1.25x1.30x
Debt to equity1.25x1.61x1.51x1.70x1.59x1.16x
Equity ratio36.8%31.7%32.9%31.3%30.4%35.9%
Interest coverage13.67x9.62x11.96x17.90x31.05x25.94x
Buybacks as a share of market value0.0%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-2.1%7.5%3.6%
Operating income4.3%6.9%9.5%
Net income6.1%7.5%9.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin7.4%7.3%7.5%7.2%
Operating margin4.6%4.5%4.6%4.1%
Net margin3.5%3.4%3.5%3.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings9.011.512.614.911.58.410.511.811.410.9
Price to sales0.30.40.50.40.40.30.30.30.30.3

Dividends and splits

Per share, in the currency the company pays

Paid for 20 years. Last went ex-dividend on 9 Apr 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.220.390.520.350.3250.3640.2090.20
  • 11-for-10 split · 12 Apr 2022
  • 2-for-1 split · 11 Apr 2022

Sources and methodology

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

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