H
37.50
-9.09%
Close of 6 Nov 2026, in THB
At a glance
Figures in THB, from our data supplier.
Revenue
THB 20.56bn
FY2016FY2025
Net income
THB 670.4m
FY2016FY2025
Free cash flow
THB 3.35bn
FY2016FY2025
Shareholders' equity
THB 26.32bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 20.56bn | THB 24.80bn | THB 26.15bn | THB 27.17bn | THB 23.78bn | THB 19.28bn | THB 20.38bn | THB 22.26bn | THB 21.55bn | THB 20.52bn |
| Gross profit | THB 1.47bn | THB 2.19bn | THB 2.98bn | THB 3.66bn | THB 3.29bn | THB 2.55bn | THB 2.31bn | THB 3.20bn | THB 3.21bn | THB 2.88bn |
| Operating income | THB 33.0m | −THB 689.8m | THB 1.80bn | THB 2.13bn | THB 2.31bn | THB 1.84bn | THB 1.59bn | THB 2.51bn | THB 1.99bn | THB 1.71bn |
| Net income | THB 670.4m | −THB 633.7m | THB 1.76bn | THB 2.10bn | THB 1.55bn | THB 1.91bn | THB 1.80bn | THB 2.38bn | THB 2.89bn | THB 2.11bn |
| Diluted earnings per share | 0.76 | -0.72 | 1.99 | 2.61 | 1.92 | 2.37 | 2.24 | 2.95 | 3.59 | 2.62 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 31.16bn | THB 32.52bn | THB 35.31bn | THB 29.70bn | THB 27.85bn | THB 25.18bn | THB 24.43bn | THB 25.37bn | THB 24.40bn | THB 23.78bn |
| Cash and short-term investments | THB 11.99bn | THB 10.74bn | THB 8.89bn | THB 3.57bn | THB 5.98bn | THB 9.61bn | THB 9.02bn | THB 8.55bn | THB 9.74bn | THB 9.64bn |
| Total liabilities | THB 4.84bn | THB 5.44bn | THB 6.16bn | THB 5.84bn | THB 4.79bn | THB 3.57bn | THB 3.88bn | THB 4.29bn | THB 3.71bn | THB 3.82bn |
| Debt | THB 142.1m | THB 892.5m | THB 1.31bn | THB 274.3m | THB 10.8m | THB 18.6m | THB 500.0m | — | — | — |
| Shareholders' equity | THB 26.32bn | THB 27.08bn | THB 29.15bn | THB 23.86bn | THB 23.06bn | THB 21.61bn | THB 20.55bn | THB 21.08bn | THB 20.69bn | THB 19.96bn |
| Shares outstanding | 885m | 885m | 885m | 805m | 805m | 805m | 805m | 805m | 805m | 805m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 4.00bn | THB 4.88bn | THB 3.25bn | THB 1.34bn | THB 907.5m | THB 2.91bn | THB 3.21bn | THB 2.48bn | THB 3.01bn | THB 3.01bn |
| Capital spending | −THB 649.9m | −THB 1.07bn | −THB 2.92bn | −THB 2.49bn | −THB 4.13bn | −THB 1.20bn | −THB 1.41bn | −THB 1.91bn | −THB 943.1m | −THB 791.9m |
| Free cash flow | THB 3.35bn | THB 3.81bn | THB 326.9m | −THB 1.15bn | −THB 3.22bn | THB 1.70bn | THB 1.80bn | THB 571.7m | THB 2.07bn | THB 2.22bn |
| Dividends paid | −THB 664.0m | −THB 664.0m | −THB 845.1m | −THB 1.21bn | −THB 1.41bn | −THB 1.05bn | −THB 1.33bn | −THB 1.61bn | −THB 1.61bn | −THB 1.61bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 5.37bn | THB 4.93bn | THB 4.82bn | THB 5.29bn | THB 5.20bn | THB 5.25bn | THB 5.58bn | THB 6.10bn |
| Gross profit | THB 575.8m | THB 398.5m | THB 264.7m | THB 318.2m | THB 489.8m | THB 530.3m | THB 294.7m | THB 378.4m |
| Operating income | THB 138.8m | −THB 95.0m | −THB 63.7m | −THB 65.5m | THB 15.8m | THB 469.4m | −THB 1.81bn | THB 404.2m |
| Net income | THB 326.3m | THB 103.5m | THB 142.7m | THB 14.8m | THB 34.8m | THB 478.1m | −THB 1.73bn | THB 405.9m |
| Diluted earnings per share | 0.37 | 0.12 | 0.16 | 0.02 | 0.04 | 0.54 | -1.95 | 0.46 |
| Cash from operations | THB 476.0m | −THB 189.0m | THB 847.0m | THB 1.49bn | THB 966.0m | THB 569.0m | THB 1.32bn | THB 1.33bn |
| Capital spending | −THB 340.0m | −THB 227.0m | −THB 156.0m | −THB 41.0m | −THB 277.0m | −THB 173.0m | −THB 182.0m | −THB 189.0m |
| Free cash flow | THB 136.0m | −THB 416.0m | THB 691.0m | THB 1.45bn | THB 689.0m | THB 396.0m | THB 1.14bn | THB 1.14bn |
| Total assets | THB 32.38bn | THB 31.54bn | THB 31.16bn | THB 31.54bn | THB 31.57bn | THB 32.41bn | THB 32.52bn | THB 35.29bn |
| Cash and short-term investments | THB 11.21bn | THB 11.63bn | THB 11.99bn | THB 11.59bn | THB 10.11bn | THB 10.27bn | THB 10.74bn | THB 10.12bn |
| Debt | THB 1.5m | THB 2.4m | THB 144.1m | THB 18.9m | THB 5.7m | THB 363.9m | THB 890.9m | THB 1.38bn |
| Shareholders' equity | THB 26.57bn | THB 26.72bn | THB 26.32bn | THB 26.85bn | THB 26.89bn | THB 27.50bn | THB 27.08bn | THB 29.24bn |
Financial ratios
Data as of 27 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 7.2% | 8.8% | 11.4% | 13.5% | 13.8% | 13.2% |
| Operating margin | 0.2% | -2.8% | 6.9% | 7.8% | 9.7% | 9.5% |
| Net margin | 3.3% | -2.6% | 6.7% | 7.7% | 6.5% | 9.9% |
| Return on equity | 2.5% | -2.3% | 6.0% | 8.8% | 6.7% | 8.8% |
| Return on assets | 2.2% | -1.9% | 5.0% | 7.1% | 5.5% | 7.6% |
| Free cash flow yield | 10.5% | 13.4% | 13.9% | 9.5% | 12.5% | 10.2% |
| Revenue growth | -17.1% | -5.2% | -3.7% | 14.2% | 23.3% | -5.4% |
| Earnings growth | -205.8% | -136.0% | -16.2% | 36.0% | -19.0% | 5.7% |
| Current ratio | 5.87x | 5.47x | 4.60x | 3.63x | 4.36x | 6.31x |
| Debt to equity | 0.01x | 0.03x | 0.04x | 0.01x | 0.00x | 0.00x |
| Equity ratio | 84.5% | 83.3% | 82.6% | 80.3% | 82.8% | 85.8% |
| Interest coverage | 2.53x | -10.72x | 34.74x | 170.14x | 308.53x | 202.66x |
| Buybacks as a share of market value | 0.0% | 0.0% | -10.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.9% | 1.3% | 0.0% |
| Operating income | -75.1% | -55.2% | -33.4% |
| Net income | -31.7% | -18.9% | -10.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 8.1% | 10.4% | 11.4% | 12.5% |
| Operating margin | -1.4% | 3.3% | 5.2% | 6.9% |
| Net margin | 0.1% | 4.0% | 5.2% | 7.5% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 21.5 | -34.5 | 26.8 | 19.7 | 46.1 | 16.8 | 15.4 | 11.2 | 12.4 | 15.1 |
| Price to sales | 0.7 | 0.9 | 1.8 | 1.5 | 3.0 | 1.7 | 1.4 | 1.2 | 1.7 | 1.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 26 years. Last went ex-dividend on 16 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.75 | 0.75 | 0.75 | 1.00 | 1.00 | 1.05 | 0.50 | 0.75 |
- 5-for-1 split · 1 Jun 2004
- 2-for-1 split · 20 Sept 2000
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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