3.86
0.00%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 1.59bn
FY2016FY2025
Net income
THB 617.8m
FY2016FY2025
Free cash flow
THB 976.9m
FY2016FY2025
Shareholders' equity
THB 3.67bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.59bn | THB 1.66bn | THB 1.75bn | THB 1.45bn | THB 1.33bn | THB 1.19bn | THB 1.42bn | THB 1.43bn | THB 1.37bn | THB 1.38bn |
| Gross profit | THB 561.8m | THB 710.8m | THB 757.4m | THB 545.7m | THB 566.6m | THB 573.8m | THB 637.1m | THB 633.4m | THB 609.5m | THB 631.6m |
| Operating income | THB 368.9m | THB 591.8m | THB 573.2m | THB 393.1m | THB 384.9m | THB 404.2m | THB 483.5m | THB 467.1m | THB 494.5m | THB 515.3m |
| Net income | THB 617.8m | THB 498.2m | THB 500.9m | THB 251.1m | THB 242.6m | THB 228.6m | THB 376.5m | THB 404.9m | THB 388.7m | THB 390.0m |
| Diluted earnings per share | 0.50 | 0.40 | 0.40 | 0.20 | 0.18 | 0.19 | 0.29 | 0.31 | 0.30 | 0.31 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 7.00bn | THB 6.55bn | THB 6.95bn | THB 6.78bn | THB 6.66bn | THB 5.69bn | THB 4.36bn | THB 4.42bn | THB 4.36bn | THB 4.38bn |
| Cash and short-term investments | THB 950.3m | THB 1.07bn | THB 1.77bn | THB 1.45bn | THB 1.32bn | THB 1.30bn | THB 1.58bn | THB 2.12bn | THB 2.01bn | THB 1.92bn |
| Total liabilities | THB 3.52bn | THB 3.10bn | THB 3.51bn | THB 3.50bn | THB 3.38bn | THB 2.40bn | THB 563.5m | THB 631.0m | THB 602.6m | THB 643.0m |
| Debt | THB 796.4m | THB 2.44bn | THB 2.76bn | THB 2.76bn | THB 2.65bn | THB 2.05bn | THB 220,200 | THB 2.1m | THB 1.5m | THB 3.2m |
| Shareholders' equity | THB 3.67bn | THB 3.58bn | THB 3.53bn | THB 3.30bn | THB 3.25bn | THB 3.25bn | THB 3.79bn | THB 3.79bn | THB 3.75bn | THB 3.74bn |
| Shares outstanding | 1,240m | 1,231m | 1,240m | 1,240m | 1,339m | 1,225m | 1,314m | 1,296m | 1,308m | 1,240m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 998.3m | THB 890.6m | THB 913.4m | THB 740.4m | THB 742.0m | THB 656.1m | THB 567.9m | THB 569.6m | THB 558.0m | THB 592.5m |
| Capital spending | −THB 21.4m | −THB 18.5m | −THB 24.7m | −THB 138.5m | −THB 204.5m | −THB 284.0m | −THB 85.8m | −THB 74.6m | −THB 28.1m | −THB 170.3m |
| Free cash flow | THB 976.9m | THB 872.1m | THB 888.7m | THB 601.9m | THB 537.6m | THB 372.1m | THB 482.1m | THB 495.0m | THB 529.8m | THB 422.2m |
| Dividends paid | −THB 520.8m | −THB 446.4m | −THB 272.8m | −THB 198.4m | −THB 248.0m | −THB 620.0m | −THB 372.0m | −THB 372.0m | −THB 372.0m | −THB 403.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 457.2m | THB 463.4m | THB 290.6m | THB 437.1m | THB 441.0m | THB 424.7m | THB 427.7m | THB 395.3m |
| Gross profit | THB 188.5m | THB 205.3m | THB 19.7m | THB 180.9m | THB 187.1m | THB 177.7m | THB 187.0m | THB 160.4m |
| Operating income | THB 146.6m | THB 166.5m | −THB 44.1m | THB 148.7m | THB 147.4m | THB 132.2m | THB 183.6m | THB 133.9m |
| Net income | THB 116.7m | THB 123.7m | THB 327.4m | THB 99.6m | THB 97.3m | THB 93.6m | THB 140.0m | THB 98.5m |
| Diluted earnings per share | 0.09 | 0.10 | 0.26 | 0.08 | 0.08 | 0.08 | 0.11 | 0.08 |
| Cash from operations | THB 45.0m | THB 575.0m | THB 427.0m | THB 268.0m | THB 125.0m | THB 241.0m | THB 282.0m | THB 196.0m |
| Capital spending | −THB 5.0m | −THB 2.0m | −THB 2.0m | −THB 12.0m | −THB 2.0m | −THB 5.0m | −THB 2.0m | −THB 22.0m |
| Free cash flow | THB 40.0m | THB 573.0m | THB 425.0m | THB 256.0m | THB 123.0m | THB 236.0m | THB 280.0m | THB 174.0m |
| Total assets | THB 6.21bn | THB 6.96bn | THB 7.00bn | THB 6.46bn | THB 6.22bn | THB 6.85bn | THB 6.55bn | THB 6.54bn |
| Cash and short-term investments | — | — | THB 950.3m | THB 722.9m | THB 660.3m | THB 1.14bn | THB 1.07bn | THB 918.5m |
| Debt | THB 105.2m | THB 117.5m | THB 796.4m | THB 787.5m | THB 776.2m | THB 824.2m | THB 831.0m | THB 946.4m |
| Shareholders' equity | THB 3.29bn | THB 3.79bn | THB 3.67bn | THB 3.35bn | THB 3.25bn | THB 3.67bn | THB 3.58bn | THB 3.44bn |
Financial ratios
Data as of 19 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 35.3% | 42.8% | 43.4% | 37.6% | 42.5% | 48.0% |
| Operating margin | 23.2% | 40.7% | 34.4% | 28.3% | 30.2% | 35.7% |
| Net margin | 38.8% | 30.0% | 28.7% | 17.3% | 18.2% | 19.1% |
| Return on equity | 16.8% | 13.9% | 14.2% | 7.6% | 7.5% | 7.0% |
| Return on assets | 8.8% | 7.6% | 7.2% | 3.7% | 3.6% | 4.0% |
| Free cash flow yield | 21.0% | 18.8% | 19.3% | 18.1% | 18.0% | 19.6% |
| Revenue growth | -4.1% | -4.8% | 20.4% | 8.7% | 11.6% | -15.8% |
| Earnings growth | 24.0% | -0.5% | 99.5% | 3.5% | 6.2% | -39.3% |
| Current ratio | 1.20x | 1.13x | 1.72x | 1.92x | 2.43x | 3.72x |
| Debt to equity | 0.22x | 0.23x | 0.29x | 0.25x | 0.14x | 0.11x |
| Equity ratio | 52.4% | 54.6% | 50.7% | 48.6% | 48.8% | 57.1% |
| Interest coverage | 2.92x | 6.52x | 5.86x | 4.05x | 4.30x | 5.71x |
| Buybacks as a share of market value | -0.7% | 0.7% | 0.0% | 7.4% | -9.3% | 6.8% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.2% | 5.9% | 1.7% |
| Operating income | -2.1% | -1.8% | -4.0% |
| Net income | 35.0% | 22.0% | 3.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 39.1% | 39.9% | 41.4% | 43.2% |
| Operating margin | 29.5% | 29.9% | 30.3% | 32.8% |
| Net margin | 34.3% | 29.0% | 26.1% | 27.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 6.1 | 7.3 | 11.0 | 17.2 | 25.5 | 17.6 | 13.5 | 15.9 | 19.9 | 22.9 |
| Price to sales | 2.4 | 2.2 | 3.2 | 3.0 | 4.6 | 3.4 | 3.6 | 4.5 | 5.6 | 6.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 12 years. Last went ex-dividend on 6 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.42 | 0.36 | 0.22 | 0.16 | 0.20 | 0.50 | 0.30 | 0.30 |
- 2-for-1 split · 19 May 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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