10.90
-0.91%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 4.40bn
FY2017FY2026
Net income
THB 701.0m
FY2017FY2026
Free cash flow
THB 820.5m
FY2017FY2026
Shareholders' equity
THB 3.70bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 4.40bn | THB 4.15bn | THB 4.05bn | THB 3.67bn | THB 2.92bn | THB 3.22bn | THB 3.18bn | THB 3.69bn | THB 4.23bn | THB 4.44bn |
| Gross profit | THB 2.81bn | THB 2.66bn | THB 2.60bn | THB 2.38bn | THB 1.89bn | THB 1.92bn | THB 1.85bn | THB 2.16bn | THB 2.23bn | THB 2.43bn |
| Operating income | THB 904.5m | THB 954.1m | THB 925.3m | THB 814.2m | THB 610.3m | THB 544.3m | THB 495.6m | THB 404.2m | THB 691.2m | THB 918.7m |
| Net income | THB 701.0m | THB 760.4m | THB 713.2m | THB 643.6m | THB 485.8m | THB 445.7m | THB 407.1m | THB 237.9m | THB 609.4m | THB 842.9m |
| Diluted earnings per share | 0.89 | 0.96 | 0.90 | 0.81 | 0.61 | 0.56 | 0.51 | 0.30 | 0.76 | 1.05 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 5.52bn | THB 5.50bn | THB 5.57bn | THB 5.37bn | THB 5.06bn | THB 5.21bn | THB 4.08bn | THB 4.29bn | THB 5.08bn | THB 5.20bn |
| Cash and short-term investments | — | THB 1.98bn | THB 1.73bn | THB 1.73bn | THB 2.00bn | THB 1.86bn | THB 1.48bn | THB 1.34bn | THB 971.4m | THB 1.28bn |
| Total liabilities | THB 1.82bn | THB 1.78bn | THB 1.83bn | THB 1.65bn | THB 1.39bn | THB 1.61bn | THB 491.8m | THB 529.3m | THB 914.1m | THB 910.2m |
| Debt | — | THB 1.14bn | THB 1.24bn | THB 983.5m | THB 860.3m | THB 1.11bn | — | THB 61,400 | THB 16.1m | THB 164.6m |
| Shareholders' equity | THB 3.70bn | THB 3.72bn | THB 3.74bn | THB 3.72bn | THB 3.66bn | THB 3.59bn | THB 3.58bn | THB 3.68bn | THB 4.02bn | THB 4.16bn |
| Shares outstanding | 792m | 792m | 792m | 792m | 792m | 792m | 792m | 792m | 799m | 800m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 947.5m | THB 1.04bn | THB 936.8m | THB 739.9m | THB 901.3m | THB 721.5m | THB 502.5m | THB 1.09bn | THB 710.7m | THB 1.20bn |
| Capital spending | −THB 126.9m | −THB 36.4m | −THB 101.0m | −THB 404.0m | −THB 75.9m | −THB 26.8m | −THB 91.5m | −THB 67.6m | −THB 216.5m | −THB 155.6m |
| Free cash flow | THB 820.5m | THB 1.01bn | THB 835.8m | THB 335.9m | THB 825.5m | THB 694.6m | THB 411.0m | THB 1.02bn | THB 494.2m | THB 1.04bn |
| Dividends paid | −THB 736.7m | −THB 752.4m | −THB 681.9m | −THB 582.5m | −THB 411.8m | −THB 433.4m | −THB 514.8m | −THB 597.2m | −THB 760.2m | −THB 639.8m |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.10bn | THB 1.49bn | THB 901.3m | THB 906.8m | THB 1.07bn | THB 1.34bn | THB 842.4m | THB 1.22bn |
| Gross profit | THB 706.3m | THB 928.8m | THB 580.6m | THB 567.0m | THB 670.4m | THB 867.3m | THB 550.4m | THB 764.0m |
| Operating income | THB 218.4m | THB 369.3m | THB 160.7m | THB 174.5m | THB 243.8m | THB 380.3m | THB 155.5m | THB 263.7m |
| Net income | THB 176.3m | THB 296.4m | THB 122.5m | THB 134.8m | THB 188.5m | THB 304.5m | THB 132.6m | THB 136.4m |
| Diluted earnings per share | 0.22 | 0.37 | 0.15 | 0.17 | 0.24 | 0.38 | 0.17 | 0.17 |
| Cash from operations | THB 255.0m | THB 461.0m | −THB 3.0m | THB 195.0m | THB 341.0m | THB 496.0m | THB 10.0m | −THB 31.0m |
| Capital spending | −THB 39.0m | −THB 25.0m | −THB 13.0m | −THB 7.0m | −THB 6.0m | −THB 9.0m | −THB 13.0m | −THB 22.0m |
| Free cash flow | THB 216.0m | THB 436.0m | −THB 16.0m | THB 188.0m | THB 335.0m | THB 487.0m | −THB 3.0m | −THB 53.0m |
| Total assets | THB 5.47bn | THB 5.87bn | THB 5.73bn | THB 5.50bn | THB 5.43bn | THB 5.77bn | THB 5.81bn | THB 5.57bn |
| Cash and short-term investments | THB 1.90bn | THB 2.15bn | THB 2.07bn | THB 1.98bn | THB 1.73bn | THB 1.90bn | THB 1.87bn | THB 1.73bn |
| Debt | THB 314.8m | THB 618.4m | THB 306.1m | THB 605.0m | THB 601.0m | THB 300.9m | THB 307.9m | THB 305.5m |
| Shareholders' equity | THB 3.57bn | THB 3.81bn | THB 3.84bn | THB 3.72bn | THB 3.60bn | THB 3.86bn | THB 3.87bn | THB 3.74bn |
Financial ratios
Data as of 8 Oct 2026
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 63.8% | 63.9% | 64.2% | 64.8% | 64.7% | 59.6% | — |
| Operating margin | 20.8% | 23.3% | 23.0% | 22.3% | 20.9% | 17.0% | — |
| Net margin | 15.9% | 18.3% | 17.6% | 17.5% | 16.6% | 13.8% | — |
| Return on equity | 19.0% | 20.5% | 19.1% | 17.3% | 13.3% | 12.4% | — |
| Return on assets | 12.7% | 13.8% | 12.8% | 12.0% | 9.6% | 8.5% | — |
| Free cash flow yield | 11.9% | 12.0% | 11.5% | 12.7% | 10.8% | 8.3% | — |
| Revenue growth | 6.0% | 2.4% | 10.5% | 25.6% | -9.2% | 1.2% | — |
| Earnings growth | -7.8% | 6.6% | 10.8% | 32.5% | 9.0% | 9.5% | — |
| Current ratio | 3.91x | 3.95x | 3.95x | 3.78x | 4.64x | 4.61x | — |
| Debt to equity | — | 0.16x | 0.08x | 0.07x | 0.08x | 0.09x | 0.05x |
| Equity ratio | 67.0% | 67.6% | 67.2% | 69.2% | 72.4% | 68.9% | — |
| Interest coverage | 20.87x | 24.94x | 25.93x | 40.95x | 29.92x | 19.47x | — |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.3% | 6.5% | 1.2% |
| Operating income | 3.6% | 10.7% | 1.3% |
| Net income | 2.9% | 9.5% | -0.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 63.9% | 64.2% | 63.6% | 60.0% |
| Operating margin | 21.7% | 22.1% | 21.2% | 19.2% |
| Net margin | 17.1% | 17.3% | 16.7% | 15.7% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 12.4 | 11.8 | 11.9 | 16.2 | 17.1 | 16.1 | 19.2 | 24.5 | 14.3 | 15.0 |
| Price to sales | 2.0 | 2.2 | 2.1 | 2.9 | 2.9 | 2.2 | 2.5 | 1.6 | 2.1 | 2.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 13 years. Last went ex-dividend on 4 Nov 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.36 | 0.93 | 0.95 | 0.86 | 0.73 | 0.52 | 0.55 | 0.65 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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