M 
21.40
+0.47%
Close of 9 Nov 2026, in THB
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in THB, from our data supplier.
Revenue
THB 160.62bn
FY2016FY2025
Net income
THB 9.01bn
FY2016FY2025
Free cash flow
THB 15.22bn
FY2016FY2025
Shareholders' equity
THB 58.22bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 160.62bn | THB 161.35bn | THB 149.34bn | THB 119.93bn | THB 69.48bn | THB 55.95bn | THB 119.02bn | THB 75.39bn | THB 55.04bn | THB 51.16bn |
| Operating income | THB 17.53bn | THB 20.70bn | THB 18.91bn | THB 15.80bn | −THB 9.46bn | −THB 17.70bn | THB 15.82bn | THB 6.07bn | THB 6.59bn | THB 8.37bn |
| Net income | THB 9.01bn | THB 7.75bn | THB 5.41bn | THB 4.29bn | −THB 14.18bn | −THB 22.70bn | THB 10.70bn | THB 5.44bn | THB 5.42bn | THB 6.59bn |
| Diluted earnings per share | 1.59 | 1.37 | 0.97 | 0.81 | -2.69 | -4.50 | 2.28 | 1.16 | 1.20 | 1.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 357.33bn | THB 346.84bn | THB 359.20bn | THB 358.21bn | THB 369.63bn | THB 362.33bn | THB 254.18bn | THB 267.70bn | THB 118.44bn | THB 108.45bn |
| Cash and short-term investments | THB 9.60bn | THB 13.32bn | THB 14.31bn | THB 22.97bn | THB 25.10bn | THB 26.19bn | THB 13.33bn | THB 12.76bn | THB 7.03bn | THB 4.40bn |
| Total liabilities | THB 291.39bn | THB 247.71bn | THB 271.90bn | THB 275.60bn | THB 290.14bn | THB 286.00bn | THB 168.32bn | THB 184.63bn | THB 68.42bn | THB 67.66bn |
| Debt | THB 109.33bn | THB 178.66bn | THB 197.47bn | THB 207.13bn | THB 225.06bn | THB 230.94bn | THB 112.37bn | THB 126.89bn | THB 50.16bn | THB 49.83bn |
| Shareholders' equity | THB 58.22bn | THB 87.83bn | THB 76.64bn | THB 71.06bn | THB 68.02bn | THB 66.98bn | THB 75.46bn | THB 71.92bn | THB 47.33bn | THB 37.40bn |
| Shares outstanding | 5,659m | 5,666m | 5,556m | 5,322m | 5,279m | 5,050m | 4,689m | 4,689m | 4,504m | 4,487m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 23.10bn | THB 40.79bn | THB 38.02bn | THB 30.14bn | THB 13.03bn | −THB 2.50bn | THB 14.77bn | THB 7.36bn | THB 6.48bn | THB 6.49bn |
| Capital spending | −THB 7.88bn | −THB 10.21bn | −THB 8.78bn | −THB 5.02bn | −THB 5.07bn | −THB 6.72bn | −THB 14.45bn | −THB 9.59bn | −THB 6.51bn | −THB 6.06bn |
| Free cash flow | THB 15.22bn | THB 30.58bn | THB 29.24bn | THB 25.12bn | THB 7.96bn | −THB 9.22bn | THB 312.6m | −THB 2.23bn | −THB 27.2m | THB 430.4m |
| Dividends paid | −THB 3.69bn | −THB 3.23bn | −THB 2.73bn | −THB 1.41bn | −THB 1.45bn | −THB 1.46bn | −THB 1.85bn | −THB 1.85bn | −THB 1.54bn | −THB 1.54bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 43.33bn | THB 37.35bn | THB 42.61bn | THB 40.36bn | THB 42.08bn | THB 35.57bn | THB 40.49bn | THB 40.63bn |
| Operating income | THB 6.39bn | THB 1.71bn | THB 4.82bn | THB 5.37bn | THB 6.25bn | THB 827.0m | THB 6.09bn | THB 775.8m |
| Net income | THB 3.31bn | THB 648.8m | THB 2.95bn | THB 2.55bn | THB 3.09bn | THB 416.9m | THB 3.63bn | THB 149.4m |
| Diluted earnings per share | 0.59 | 0.11 | 0.52 | 0.45 | 0.55 | 0.07 | 0.64 | 0.03 |
| Cash from operations | THB 7.90bn | THB 1.98bn | THB 7.68bn | THB 5.45bn | THB 8.94bn | THB 5.80bn | THB 14.65bn | THB 11.92bn |
| Capital spending | −THB 3.00bn | −THB 2.13bn | −THB 2.91bn | −THB 1.78bn | −THB 2.29bn | −THB 1.85bn | −THB 2.79bn | −THB 2.91bn |
| Free cash flow | THB 4.90bn | −THB 149.0m | THB 4.76bn | THB 3.67bn | THB 6.65bn | THB 3.95bn | THB 11.86bn | THB 9.02bn |
| Total assets | THB 371.28bn | THB 364.82bn | THB 357.33bn | THB 356.65bn | THB 366.30bn | THB 355.54bn | THB 346.84bn | THB 344.56bn |
| Cash and short-term investments | — | THB 9.66bn | THB 9.60bn | THB 9.64bn | THB 17.92bn | THB 14.51bn | THB 13.32bn | THB 10.34bn |
| Debt | THB 101.85bn | THB 111.55bn | THB 109.33bn | THB 109.85bn | THB 113.20bn | THB 109.91bn | THB 106.69bn | THB 111.72bn |
| Shareholders' equity | THB 82.69bn | THB 59.60bn | THB 58.22bn | THB 55.43bn | THB 87.24bn | THB 86.68bn | THB 87.83bn | THB 78.57bn |
Financial ratios
Data as of 7 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2012 | FY2011 | FY2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 10.9% | 12.8% | 12.7% | 13.2% | -13.6% | -31.6% | — | — | — |
| Net margin | 5.6% | 4.8% | 3.6% | 3.6% | -20.4% | -40.6% | — | — | — |
| Return on equity | 15.5% | 8.8% | 7.1% | 6.0% | -20.8% | -33.9% | — | — | — |
| Return on assets | 2.5% | 2.2% | 1.5% | 1.2% | -3.8% | -6.3% | — | — | — |
| Free cash flow yield | 24.7% | 40.6% | 37.9% | 29.8% | 15.4% | 3.8% | — | — | — |
| Revenue growth | -0.5% | 8.0% | 24.5% | 72.6% | 24.2% | -53.0% | — | — | — |
| Earnings growth | 16.2% | 43.3% | 26.1% | -130.2% | -37.6% | -312.2% | — | — | — |
| Current ratio | 0.61x | 0.67x | 0.64x | 0.74x | 0.84x | 1.26x | — | — | — |
| Debt to equity | 1.88x | 1.21x | 1.54x | 1.86x | 2.16x | 2.23x | — | — | — |
| Equity ratio | 16.3% | 25.3% | 21.3% | 19.8% | 18.4% | 18.5% | — | — | — |
| Interest coverage | 1.80x | 1.76x | 1.68x | 1.75x | -1.05x | -2.37x | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | 0.4% | 0.3% | 0.3% |
| Buybacks as a share of market value | 0.1% | -2.0% | -4.4% | -0.8% | -4.5% | -7.7% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 10.2% | 23.5% | 14.2% |
| Operating income | 3.5% | — | 8.7% |
| Net income | 28.1% | — | 2.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 11.9% | 12.3% | 6.4% | 8.5% |
| Net margin | 5.2% | 4.5% | -1.5% | 2.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.3 | 19.0 | 30.3 | 40.0 | -10.7 | -5.7 | 15.8 | 29.3 | 36.4 | 24.3 |
| Price to sales | 0.9 | 0.9 | 1.1 | 1.4 | 2.2 | 2.3 | 1.4 | 2.1 | 3.6 | 3.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 5 May 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.40 | 0.65 | 0.57 | 0.50 | 0.394 | 0.394 | 0.345 | 0.345 |
- 11-for-10 split · 17 Apr 2015
- 11-for-10 split · 5 Apr 2012
- 11-for-10 split · 7 May 2008
- 11-for-10 split · 3 May 2005
- 5-for-1 split · 27 May 2004
- 2-for-1 split · 29 May 2002
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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