1.75
+0.57%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 1.32bn
FY2016FY2025
Net income
THB 8.8m
FY2016FY2025
Free cash flow
−THB 75.0m
FY2016FY2025
Shareholders' equity
THB 863.4m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.32bn | THB 1.63bn | THB 1.36bn | THB 4.49bn | THB 3.37bn | THB 1.13bn | THB 1.04bn | THB 1.05bn | THB 1.04bn | THB 1.06bn |
| Operating income | THB 39.1m | THB 95.6m | THB 123.3m | THB 396.9m | THB 220.8m | THB 74.2m | THB 56.2m | THB 26.1m | THB 22.9m | THB 27.2m |
| Net income | THB 8.8m | THB 47.6m | THB 83.5m | THB 304.6m | THB 198.8m | THB 56.9m | THB 45.9m | THB 26.5m | THB 13.8m | THB 27.5m |
| Diluted earnings per share | 0.03 | 0.15 | 0.26 | 0.97 | 0.62 | 0.18 | 0.23 | 0.08 | 0.04 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 2.04bn | THB 1.86bn | THB 1.56bn | THB 1.72bn | THB 1.61bn | THB 984.0m | THB 477.0m | THB 480.4m | THB 409.6m | THB 418.2m |
| Cash and short-term investments | THB 92.5m | THB 101.9m | THB 174.4m | THB 597.6m | THB 139.4m | THB 418.1m | THB 89.7m | THB 62.3m | THB 48.9m | THB 69.6m |
| Total liabilities | THB 1.19bn | THB 958.1m | THB 633.1m | THB 802.5m | THB 820.8m | THB 357.0m | THB 266.8m | THB 308.9m | THB 264.4m | THB 275.2m |
| Debt | THB 894.4m | THB 764.9m | THB 462.7m | THB 523.4m | THB 339.5m | THB 89.8m | THB 14.0m | THB 20.4m | THB 79.4m | THB 13.6m |
| Shareholders' equity | THB 863.4m | THB 909.6m | THB 910.5m | THB 892.9m | THB 771.8m | THB 614.6m | THB 196.2m | THB 155.7m | THB 129.6m | THB 131.3m |
| Shares outstanding | 315m | 315m | 315m | 315m | 320m | 320m | 200m | 315m | 315m | 315m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 34.5m | −THB 42.0m | −THB 50.1m | THB 643.8m | −THB 301.9m | −THB 27.2m | THB 49.4m | THB 76.9m | −THB 45.3m | THB 111.5m |
| Capital spending | −THB 40.5m | −THB 133.8m | −THB 41.9m | −THB 110.2m | −THB 39.3m | −THB 8.1m | −THB 5.4m | −THB 1.9m | −THB 5.1m | −THB 11.5m |
| Free cash flow | −THB 75.0m | −THB 175.7m | −THB 92.1m | THB 533.7m | −THB 341.2m | −THB 35.3m | THB 44.1m | THB 74.9m | −THB 50.4m | THB 100.0m |
| Dividends paid | −THB 44.1m | −THB 50.4m | −THB 63.0m | −THB 121.6m | −THB 44.8m | −THB 40.0m | −THB 28.5m | −THB 28.5m | — | −THB 74.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 389.7m | THB 313.2m | THB 297.8m | THB 344.6m | THB 334.8m | THB 345.1m | THB 396.8m | THB 511.0m |
| Operating income | — | THB 6.1m | −THB 5.6m | THB 19.0m | THB 14.3m | THB 17.2m | THB 31.2m | THB 21.3m |
| Net income | THB 7.1m | THB 7.5m | −THB 7.6m | THB 2.3m | THB 5.4m | THB 8.7m | THB 13.3m | THB 12.7m |
| Diluted earnings per share | 0.02 | 0.02 | -0.02 | 0.01 | 0.02 | 0.03 | 0.04 | 0.04 |
| Cash from operations | THB 11.0m | −THB 22.0m | −THB 22.0m | THB 16.0m | −THB 47.0m | THB 42.0m | THB 8.0m | THB 26.0m |
| Capital spending | −THB 2.0m | −THB 4.0m | −THB 5.0m | −THB 22.0m | −THB 5.0m | −THB 6.0m | −THB 12.0m | −THB 38.0m |
| Free cash flow | THB 9.0m | −THB 26.0m | −THB 27.0m | −THB 6.0m | −THB 52.0m | THB 36.0m | −THB 4.0m | −THB 12.0m |
| Total assets | THB 2.02bn | THB 1.93bn | THB 2.04bn | THB 1.94bn | THB 1.92bn | THB 1.90bn | THB 1.86bn | THB 1.86bn |
| Cash and short-term investments | — | THB 71.4m | THB 92.5m | THB 117.8m | THB 116.6m | THB 158.9m | THB 101.9m | THB 145.0m |
| Debt | THB 129.9m | THB 685.8m | THB 719.7m | THB 661.4m | THB 629.9m | THB 568.9m | THB 530.9m | THB 541.5m |
| Shareholders' equity | THB 863.6m | THB 872.5m | THB 863.4m | THB 874.5m | THB 872.5m | THB 913.0m | THB 909.6m | THB 897.4m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -33.5% | 3.3% | 4.6% |
| Operating income | -53.8% | -12.0% | 2.1% |
| Net income | -69.3% | -31.2% | -11.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 4.6% | 7.4% | 7.1% | 6.1% |
| Net margin | 1.9% | 5.1% | 5.3% | 4.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Price to earnings | 70.3 | 20.5 | 17.9 | 12.5 | 23.7 | 32.9 |
| Price to sales | 0.5 | 0.6 | 1.1 | 0.8 | 1.4 | 1.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 13 Mar 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Paid in the year | 0.14 | 0.16 | 0.20 | 0.38 | 0.14 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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