0.63
-1.56%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 3.87bn
FY2016FY2025
Net income
−THB 502.4m
FY2016FY2025
Free cash flow
THB 5.16bn
FY2016FY2025
Shareholders' equity
THB 7.18bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 3.87bn | THB 3.24bn | THB 2.22bn | THB 19.70bn | THB 19.30bn | THB 18.66bn | THB 18.17bn | THB 18.00bn | THB 17.43bn | THB 15.62bn |
| Operating income | −THB 1.33bn | THB 646.1m | THB 22.57bn | THB 1.84bn | THB 3.04bn | THB 1.32bn | THB 2.01bn | THB 2.89bn | THB 2.83bn | THB 2.27bn |
| Net income | −THB 502.4m | THB 493.8m | THB 19.84bn | −THB 2.06bn | −THB 1.38bn | −THB 3.11bn | THB 7.26bn | THB 4.91bn | THB 2.69bn | THB 3.00bn |
| Diluted earnings per share | -0.06 | 0.06 | 2.31 | -0.24 | -0.21 | -0.36 | 0.84 | 0.57 | 0.32 | 0.37 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 14.83bn | THB 14.24bn | THB 23.24bn | THB 88.12bn | THB 95.63bn | THB 99.75bn | THB 69.87bn | THB 52.89bn | THB 50.55bn | THB 47.59bn |
| Cash and short-term investments | THB 2.62bn | THB 1.51bn | THB 13.66bn | THB 723.4m | THB 1.55bn | THB 1.13bn | THB 24.01bn | THB 899.2m | THB 3.04bn | THB 2.48bn |
| Total liabilities | THB 6.61bn | THB 3.80bn | THB 7.00bn | THB 84.54bn | THB 90.03bn | THB 94.79bn | THB 48.69bn | THB 34.51bn | THB 35.92bn | THB 36.33bn |
| Debt | THB 2.22bn | THB 1.07bn | THB 1.11bn | THB 57.86bn | THB 60.72bn | THB 61.84bn | THB 6.20bn | THB 7.81bn | THB 10.68bn | THB 8.89bn |
| Shareholders' equity | THB 7.18bn | THB 9.28bn | THB 15.15bn | THB 2.45bn | THB 4.44bn | THB 3.91bn | THB 20.15bn | THB 17.33bn | THB 13.58bn | THB 10.24bn |
| Shares outstanding | 8,292m | 8,593m | 8,593m | 8,593m | 6,616m | 8,593m | 8,609m | 8,633m | 8,418m | 8,079m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 5.46bn | −THB 3.23bn | THB 5.84bn | THB 10.27bn | THB 8.16bn | THB 2.21bn | THB 4.81bn | THB 4.00bn | THB 3.42bn | −THB 2.48bn |
| Capital spending | −THB 294.1m | −THB 3.73bn | −THB 1.42bn | −THB 2.56bn | −THB 1.70bn | −THB 2.19bn | −THB 2.47bn | −THB 3.99bn | −THB 3.26bn | −THB 3.82bn |
| Free cash flow | THB 5.16bn | −THB 6.95bn | THB 4.41bn | THB 7.71bn | THB 6.45bn | THB 21.6m | THB 2.34bn | THB 10.6m | THB 157.2m | −THB 6.30bn |
| Dividends paid | −THB 37,736 | −THB 6.3m | −THB 5.16bn | — | −THB 1.72bn | −THB 14.44bn | −THB 4.73bn | −THB 3.79bn | −THB 3.86bn | −THB 3.84bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.45bn | THB 1.45bn | THB 1.38bn | THB 989.3m | THB 702.1m | THB 797.1m | THB 773.6m | THB 775.0m |
| Operating income | −THB 916.5m | −THB 743.7m | −THB 737.6m | −THB 507.1m | −THB 82.9m | THB 277.6m | THB 117.5m | THB 269.8m |
| Net income | −THB 800.1m | −THB 726.0m | −THB 2.39bn | THB 1.86bn | −THB 152.8m | THB 176.1m | THB 189.9m | THB 201.6m |
| Diluted earnings per share | -0.10 | -0.09 | -0.29 | 0.22 | -0.02 | 0.02 | 0.02 | 0.02 |
| Cash from operations | THB 771.0m | THB 206.0m | THB 4.89bn | THB 178.0m | THB 512.0m | −THB 68.0m | −THB 48.0m | −THB 800.0m |
| Capital spending | −THB 3.10bn | −THB 79.0m | −THB 91.0m | −THB 95.0m | −THB 1.63bn | −THB 1.93bn | −THB 2.37bn | −THB 979.0m |
| Free cash flow | −THB 2.33bn | THB 127.0m | THB 4.80bn | THB 83.0m | −THB 1.12bn | −THB 1.99bn | −THB 2.42bn | −THB 1.78bn |
| Total assets | THB 13.77bn | THB 13.57bn | THB 14.83bn | THB 18.73bn | THB 16.83bn | THB 14.88bn | THB 14.24bn | THB 14.56bn |
| Cash and short-term investments | — | THB 2.38bn | THB 2.62bn | THB 764.3m | THB 1.04bn | THB 948.6m | THB 1.51bn | THB 4.29bn |
| Debt | THB 279.6m | THB 2.17bn | THB 2.39bn | THB 2.24bn | THB 2.24bn | THB 836.7m | THB 927.1m | THB 899.0m |
| Shareholders' equity | THB 5.19bn | THB 6.11bn | THB 7.18bn | THB 10.47bn | THB 8.98bn | THB 9.25bn | THB 9.28bn | THB 9.41bn |
Financial ratios
Data as of 3 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -34.3% | 19.9% | 1016.5% | 9.3% | 15.7% | 7.1% |
| Net margin | -13.0% | 15.2% | 893.3% | -10.5% | -7.2% | -16.7% |
| Return on equity | -7.0% | 5.3% | 130.9% | -84.1% | -31.2% | -79.5% |
| Return on assets | -3.4% | 3.5% | 85.4% | -2.3% | -1.4% | -3.1% |
| Free cash flow yield | 88.9% | 7.5% | 108.3% | 191.5% | 191.1% | 65.7% |
| Revenue growth | 19.5% | 45.9% | -88.7% | 2.1% | 3.4% | 2.7% |
| Earnings growth | -201.8% | -97.5% | -1061.5% | 49.1% | -55.6% | -142.9% |
| Current ratio | 0.76x | 1.83x | 3.28x | 0.27x | 0.38x | 0.29x |
| Debt to equity | 0.31x | 0.10x | 0.06x | 5.39x | 2.83x | 2.45x |
| Equity ratio | 48.5% | 65.2% | 65.2% | 2.8% | 4.6% | 3.9% |
| Interest coverage | -6.86x | 8.69x | 61.94x | 5.03x | 0.77x | 0.32x |
| Buybacks as a share of market value | 3.5% | 0.0% | -0.0% | -29.9% | 23.0% | 0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -41.9% | -27.0% | -12.1% |
| Net income | -37.6% | -30.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -9.6% | 81.7% | 41.9% | 26.9% |
| Net margin | -0.1% | 61.2% | 19.8% | 31.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -22.1 | 37.2 | 0.9 | -9.2 | -16.7 | -8.8 | 5.9 | 7.8 | 22.2 | 21.3 |
| Price to sales | 2.9 | 5.7 | 8.1 | 1.0 | 1.2 | 1.5 | 2.4 | 2.1 | 3.4 | 4.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 13 Dec 2023.
| FY2023 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.006 | 0.265 | 0.58 | 0.50 | 0.60 | 0.60 | 0.265 | 0.25 |
- 10-for-1 split · 8 Jan 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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