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M

Major Development PCL MJD.BK · THB

Real Estate · SET · 🇹🇭 Thailand

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0.28

-3.45%

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.

FY2025

Revenue

THB 1.98bn

FY2016FY2025

Net income

−THB 2.11bn

FY2016FY2025

Free cash flow

−THB 21.8m

FY2016FY2025

Shareholders' equity

THB 2.26bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 1.98bnTHB 2.36bnTHB 2.16bnTHB 2.76bnTHB 4.30bnTHB 7.01bnTHB 5.93bnTHB 5.25bnTHB 3.19bnTHB 5.26bn
Operating income−THB 829.7mTHB 64.0m−THB 91.7mTHB 21.2mTHB 241.4mTHB 651.5mTHB 734.4mTHB 899.0m−THB 26.3mTHB 949.1m
Net income−THB 2.11bn−THB 298.9m−THB 329.3m−THB 370.4m−THB 353.3mTHB 199.3mTHB 321.0mTHB 733.1m−THB 183.9mTHB 411.8m
Diluted earnings per share-2.45-0.35-0.38-0.43-0.430.210.370.87-0.210.48

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 14.94bnTHB 17.68bnTHB 17.37bnTHB 16.47bnTHB 15.97bnTHB 18.76bnTHB 19.59bnTHB 19.17bnTHB 19.63bnTHB 15.89bn
Cash and short-term investmentsTHB 108.9mTHB 272.4mTHB 362.3mTHB 1.01bnTHB 539.0mTHB 1.55bnTHB 388.7mTHB 848.6mTHB 716.7mTHB 750.6m
Total liabilitiesTHB 12.68bnTHB 13.31bnTHB 12.73bnTHB 11.51bnTHB 10.66bnTHB 13.11bnTHB 14.14bnTHB 14.60bnTHB 15.85bnTHB 11.93bn
DebtTHB 11.22bnTHB 12.02bnTHB 11.29bnTHB 10.13bnTHB 9.24bnTHB 10.59bnTHB 10.66bnTHB 10.68bnTHB 12.33bnTHB 9.44bn
Shareholders' equityTHB 2.26bnTHB 4.37bnTHB 4.64bnTHB 4.96bnTHB 5.31bnTHB 5.65bnTHB 5.46bnTHB 4.57bnTHB 3.78bnTHB 3.96bn
Shares outstanding860m860m860m860m828m929m863m840m870m864m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−THB 11.2m−THB 872.2m−THB 579.6mTHB 126.8mTHB 469.3mTHB 1.51bnTHB 300.6mTHB 966.9m−THB 2.10bnTHB 175.5m
Capital spending−THB 10.6m−THB 43.1m−THB 23.0m−THB 32.4m−THB 21.1m−THB 99.9m−THB 109.4m−THB 184.7m−THB 297.4m−THB 395.0m
Free cash flow−THB 21.8m−THB 915.4m−THB 602.6mTHB 94.4mTHB 448.2mTHB 1.41bnTHB 191.2mTHB 782.3m−THB 2.39bn−THB 219.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 660.6mTHB 758.4mTHB 839.1mTHB 340.3mTHB 367.8mTHB 437.1mTHB 582.2mTHB 596.0m
Operating incomeTHB 15.2mTHB 65.6m−THB 662.5m−THB 81.5m−THB 106.6mTHB 42.1mTHB 159.2m−THB 96.0m
Net income−THB 10.5m−THB 66.2m−THB 1.38bn−THB 370.0m−THB 258.9m−THB 103.1mTHB 38.1m−THB 155.4m
Diluted earnings per share-0.01-0.08-1.60-0.43-0.30-0.120.04-0.18
Cash from operationsTHB 112.0mTHB 458.0mTHB 354.0m−THB 188.0m−THB 140.0m−THB 106.0m−THB 93.0m−THB 92.0m
Capital spending−THB 1.0m——−THB 5.0m−THB 3.0m−THB 4.0m−THB 7.0m−THB 11.0m
Free cash flowTHB 111.0m——−THB 193.0m−THB 143.0m−THB 110.0m−THB 100.0m−THB 103.0m
Total assetsTHB 12.74bnTHB 14.62bnTHB 14.94bnTHB 17.57bnTHB 17.36bnTHB 18.07bnTHB 17.68bnTHB 17.76bn
Cash and short-term investments—THB 394.5mTHB 108.9mTHB 95.2mTHB 161.1mTHB 548.4mTHB 272.4mTHB 376.9m
DebtTHB 6.92bnTHB 10.72bnTHB 11.21bnTHB 12.53bnTHB 11.96bnTHB 12.44bnTHB 12.00bnTHB 11.89bn
Shareholders' equityTHB 2.19bnTHB 2.20bnTHB 2.26bnTHB 3.64bnTHB 4.01bnTHB 4.27bnTHB 4.37bnTHB 4.31bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-10.4%-22.3%-5.1%
Net income78.6%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin-17.6%-9.0%0.3%6.4%
Net margin-55.4%-33.5%-15.9%-4.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-0.1-2.8-3.7-3.9-4.67.68.13.9-14.96.9
Price to sales0.10.40.60.50.40.20.40.60.90.5

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 14 May 2010.

FY2010FY2009FY2008
Paid in the year0.0020.0030.004

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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