7.65
-0.65%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 5.19bn
FY2016FY2025
Net income
THB 960.0m
FY2016FY2025
Free cash flow
THB 964.8m
FY2016FY2025
Shareholders' equity
THB 3.98bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 5.19bn | THB 5.61bn | THB 5.78bn | THB 3.99bn | THB 6.91bn | THB 4.25bn | THB 3.30bn | THB 3.25bn | THB 3.10bn | THB 5.64bn |
| Gross profit | THB 1.65bn | THB 1.58bn | THB 1.05bn | THB 933.0m | THB 2.94bn | THB 1.60bn | THB 1.15bn | THB 1.08bn | THB 1.35bn | THB 2.20bn |
| Operating income | THB 1.01bn | THB 726.0m | THB 190.1m | THB 202.2m | THB 1.64bn | THB 1.12bn | THB 644.5m | THB 441.4m | THB 580.7m | THB 1.38bn |
| Net income | THB 960.0m | THB 678.6m | THB 164.6m | THB 119.9m | THB 1.42bn | THB 954.1m | THB 608.5m | THB 416.9m | THB 499.0m | THB 1.23bn |
| Diluted earnings per share | 2.01 | 1.42 | 0.35 | 0.25 | 2.96 | 2.00 | 1.35 | 0.93 | 1.11 | 2.59 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 5.76bn | THB 6.07bn | THB 5.27bn | THB 6.80bn | THB 6.21bn | THB 5.99bn | THB 5.10bn | THB 4.03bn | THB 3.75bn | THB 3.83bn |
| Cash and short-term investments | THB 537.8m | THB 142.0m | THB 153.2m | THB 197.7m | THB 566.4m | THB 378.3m | THB 473.3m | THB 892.4m | THB 605.9m | THB 1.19bn |
| Total liabilities | THB 1.62bn | THB 2.31bn | THB 1.51bn | THB 2.85bn | THB 1.59bn | THB 2.21bn | THB 2.04bn | THB 1.06bn | THB 1.20bn | THB 985.3m |
| Debt | THB 282.7m | THB 529.6m | THB 124.9m | THB 127.0m | THB 48.6m | THB 6.0m | THB 3.2m | THB 162.1m | THB 175.0m | THB 111.2m |
| Shareholders' equity | THB 3.98bn | THB 3.62bn | THB 3.63bn | THB 3.78bn | THB 4.47bn | THB 3.68bn | THB 2.99bn | THB 2.91bn | THB 2.54bn | THB 2.85bn |
| Shares outstanding | 477m | 477m | 477m | 477m | 478m | 477m | 450m | 450m | 450m | 474m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 1.31bn | THB 65.8m | THB 160.0m | −THB 3.5m | THB 967.2m | THB 500.3m | THB 366.6m | THB 805.6m | THB 673.6m | THB 1.30bn |
| Capital spending | −THB 341.6m | −THB 224.8m | −THB 99.2m | −THB 204.2m | −THB 157.1m | −THB 180.6m | −THB 151.5m | −THB 450.5m | −THB 263.6m | −THB 224.9m |
| Free cash flow | THB 964.8m | −THB 159.0m | THB 60.9m | −THB 207.8m | THB 810.1m | THB 319.7m | THB 215.1m | THB 355.1m | THB 410.0m | THB 1.07bn |
| Dividends paid | −THB 357.7m | −THB 248.0m | −THB 95.4m | −THB 238.4m | −THB 653.5m | −THB 381.6m | −THB 357.7m | −THB 180.0m | −THB 318.3m | −THB 629.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.20bn | THB 798.7m | THB 1.15bn | THB 1.31bn | THB 1.33bn | THB 1.41bn | THB 1.80bn | THB 1.28bn |
| Gross profit | THB 415.8m | THB 274.9m | THB 373.9m | THB 464.7m | THB 470.3m | THB 344.0m | THB 638.7m | THB 356.2m |
| Operating income | THB 184.1m | THB 94.3m | THB 289.1m | THB 251.0m | THB 265.3m | THB 244.7m | THB 364.5m | THB 152.9m |
| Net income | THB 153.7m | THB 97.4m | THB 263.4m | THB 235.9m | THB 240.5m | THB 220.2m | THB 346.8m | THB 145.6m |
| Diluted earnings per share | 0.32 | 0.20 | 0.55 | 0.49 | 0.50 | 0.46 | 0.73 | 0.31 |
| Cash from operations | THB 105.0m | −THB 194.0m | THB 502.0m | THB 228.0m | THB 437.0m | THB 152.0m | −THB 152.0m | −THB 8.0m |
| Capital spending | −THB 50.0m | −THB 44.0m | −THB 68.0m | −THB 100.0m | −THB 91.0m | −THB 81.0m | −THB 118.0m | −THB 22.0m |
| Free cash flow | THB 55.0m | −THB 238.0m | THB 434.0m | THB 128.0m | THB 346.0m | THB 71.0m | −THB 270.0m | −THB 30.0m |
| Total assets | THB 5.78bn | THB 5.92bn | THB 5.76bn | THB 5.84bn | THB 5.87bn | THB 6.19bn | THB 6.07bn | THB 6.01bn |
| Cash and short-term investments | THB 197.4m | THB 389.6m | THB 537.8m | THB 180.2m | THB 250.9m | THB 206.5m | THB 142.0m | THB 117.1m |
| Debt | THB 149.9m | THB 279.8m | THB 279.9m | THB 377.5m | THB 464.5m | THB 533.3m | THB 526.5m | THB 225.5m |
| Shareholders' equity | THB 4.02bn | THB 4.18bn | THB 3.98bn | THB 3.97bn | THB 3.99bn | THB 4.03bn | THB 3.62bn | THB 3.44bn |
Financial ratios
Data as of 17 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 31.9% | 28.1% | 18.2% | 23.4% | 42.5% | 37.7% |
| Operating margin | 19.5% | 12.9% | 3.3% | 5.1% | 23.7% | 26.4% |
| Net margin | 18.5% | 12.1% | 2.8% | 3.0% | 20.5% | 22.4% |
| Return on equity | 24.1% | 18.7% | 4.5% | 3.2% | 31.7% | 25.9% |
| Return on assets | 16.7% | 11.2% | 3.1% | 1.8% | 22.8% | 15.9% |
| Free cash flow yield | 44.9% | 7.9% | 7.1% | 5.5% | 30.6% | 18.6% |
| Revenue growth | -7.5% | -2.9% | 44.9% | -42.3% | 62.4% | 28.8% |
| Earnings growth | 41.5% | 312.2% | 37.3% | -91.5% | 48.4% | 56.8% |
| Current ratio | 3.14x | 2.34x | 2.54x | 1.81x | 2.98x | 1.99x |
| Debt to equity | 0.07x | 0.15x | 0.03x | 0.03x | 0.01x | 0.00x |
| Equity ratio | 69.0% | 59.7% | 68.8% | 55.6% | 71.9% | 61.5% |
| Interest coverage | 54.06x | 34.33x | 5.17x | 18.85x | 96.36x | 43.16x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.1% | -0.2% | -5.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.1% | 4.1% | 3.8% |
| Operating income | 71.1% | -2.0% | 4.8% |
| Net income | 100.1% | 0.1% | 4.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 29.9% | 25.4% | 30.8% | 33.3% |
| Operating margin | 16.1% | 10.4% | 15.4% | 17.0% |
| Net margin | 15.2% | 9.4% | 13.5% | 15.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 4.2 | 4.7 | 18.8 | 35.6 | 5.0 | 6.5 | 7.1 | 7.2 | 10.5 | 6.6 |
| Price to sales | 0.8 | 0.6 | 0.5 | 1.1 | 1.0 | 1.5 | 1.3 | 0.9 | 1.7 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 21 years. Last went ex-dividend on 6 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 1.13 | 0.75 | 0.52 | 0.20 | 0.10 | 0.66 | 0.19 | 0.44 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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