3.08
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 4.07bn
FY2016FY2025
Net income
THB 400.9m
FY2016FY2025
Free cash flow
THB 1.23bn
FY2016FY2025
Shareholders' equity
THB 3.39bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 4.07bn | THB 5.55bn | THB 4.60bn | THB 4.85bn | THB 3.62bn | THB 4.05bn | THB 3.91bn | THB 4.09bn | THB 1.17bn | THB 1.09bn |
| Research and development | THB 7.4m | THB 16.1m | THB 377,000 | THB 4.1m | THB 924,000 | THB 2.0m | — | — | — | — |
| Operating income | THB 537.4m | THB 481.3m | THB 438.7m | THB 422.6m | THB 321.7m | THB 383.6m | THB 457.6m | THB 283.6m | THB 124.9m | THB 99.4m |
| Net income | THB 400.9m | THB 357.3m | THB 323.8m | THB 283.8m | THB 202.7m | THB 253.8m | THB 320.2m | THB 189.7m | THB 80.4m | THB 57.6m |
| Diluted earnings per share | 0.33 | 0.29 | 0.26 | 0.23 | 0.22 | 0.21 | 0.26 | 0.15 | 0.07 | 0.05 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 5.51bn | THB 6.49bn | THB 6.58bn | THB 6.84bn | THB 5.58bn | THB 5.39bn | THB 5.28bn | THB 5.39bn | THB 1.52bn | THB 1.26bn |
| Cash and short-term investments | THB 827.3m | THB 343.7m | THB 826.1m | THB 891.6m | THB 249.0m | THB 596.6m | THB 410.2m | THB 352.4m | THB 158.8m | THB 100.3m |
| Total liabilities | THB 1.99bn | THB 3.12bn | THB 3.31bn | THB 3.66bn | THB 3.39bn | THB 3.37bn | THB 3.44bn | THB 3.90bn | THB 823.6m | THB 613.1m |
| Debt | THB 715.8m | THB 1.16bn | THB 1.46bn | THB 1.80bn | THB 1.75bn | THB 1.56bn | THB 1.80bn | THB 2.06bn | THB 525.7m | THB 426.0m |
| Shareholders' equity | THB 3.39bn | THB 3.25bn | THB 3.15bn | THB 3.08bn | THB 2.07bn | THB 1.92bn | THB 1.75bn | THB 1.49bn | THB 684.8m | THB 628.6m |
| Shares outstanding | 1,227m | 1,227m | 1,227m | 1,227m | 920m | 1,227m | 1,227m | 1,227m | 1,227m | 1,227m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 1.34bn | THB 253.6m | THB 839.7m | THB 213.4m | −THB 130.6m | THB 777.6m | THB 528.3m | THB 255.5m | THB 39.7m | THB 146.0m |
| Capital spending | −THB 101.1m | −THB 105.1m | −THB 288.5m | −THB 305.4m | −THB 259.1m | −THB 101.0m | −THB 120.1m | −THB 336.4m | −THB 28.2m | −THB 25.3m |
| Free cash flow | THB 1.23bn | THB 148.4m | THB 551.2m | −THB 91.9m | −THB 389.6m | THB 676.5m | THB 408.2m | −THB 80.9m | THB 11.5m | THB 120.8m |
| Dividends paid | −THB 269.8m | −THB 257.6m | −THB 245.3m | −THB 477.6m | −THB 55.2m | −THB 55.2m | −THB 55.2m | — | −THB 30.1m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 922.1m | THB 1.02bn | THB 991.5m | THB 882.3m | THB 1.11bn | THB 1.09bn | THB 1.25bn | THB 1.55bn |
| Operating income | THB 135.5m | THB 113.8m | THB 40.5m | THB 140.9m | THB 215.7m | THB 138.0m | THB 122.8m | THB 129.9m |
| Net income | THB 120.6m | THB 104.8m | THB 26.1m | THB 103.3m | THB 168.3m | THB 103.2m | THB 94.8m | THB 93.5m |
| Diluted earnings per share | 0.10 | 0.09 | 0.02 | 0.08 | 0.14 | 0.08 | 0.08 | 0.08 |
| Cash from operations | THB 167.0m | −THB 107.0m | THB 357.0m | THB 272.0m | THB 360.0m | THB 360.0m | THB 342.0m | THB 48.0m |
| Capital spending | −THB 26.0m | −THB 14.0m | −THB 21.0m | −THB 39.0m | −THB 27.0m | −THB 29.0m | −THB 29.0m | −THB 23.0m |
| Free cash flow | THB 141.0m | −THB 121.0m | THB 336.0m | THB 233.0m | THB 333.0m | THB 331.0m | THB 313.0m | THB 25.0m |
| Total assets | THB 6.07bn | THB 5.66bn | THB 5.51bn | THB 5.32bn | THB 5.52bn | THB 6.41bn | THB 6.49bn | THB 6.67bn |
| Cash and short-term investments | THB 782.5m | THB 703.7m | THB 827.3m | THB 526.1m | THB 475.7m | THB 438.3m | THB 343.7m | THB 317.5m |
| Debt | THB 801.4m | THB 658.2m | THB 676.8m | THB 576.6m | THB 777.5m | THB 887.8m | THB 1.11bn | THB 1.28bn |
| Shareholders' equity | THB 3.47bn | THB 3.50bn | THB 3.39bn | THB 3.46bn | THB 3.36bn | THB 3.36bn | THB 3.25bn | THB 3.25bn |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | 13.2% | 9.4% | 9.6% | 8.7% | 8.9% | 9.3% |
| Net margin | 9.8% | 6.4% | 7.0% | 5.9% | 5.6% | 6.3% |
| Return on equity | 11.8% | 11.0% | 10.3% | 9.2% | 9.8% | 13.2% |
| Return on assets | 7.3% | 5.5% | 4.9% | 4.1% | 3.6% | 4.7% |
| Free cash flow yield | 35.5% | 8.9% | 27.9% | 12.8% | 4.2% | — |
| Revenue growth | -26.6% | 20.5% | -5.0% | 33.7% | -10.5% | 3.5% |
| Earnings growth | 12.2% | 10.3% | 14.1% | 40.0% | -20.1% | -20.7% |
| Current ratio | 1.57x | 1.26x | 1.24x | 1.28x | 1.07x | 1.09x |
| Debt to equity | 0.19x | 0.34x | 0.44x | 0.57x | 0.80x | 0.75x |
| Equity ratio | 61.6% | 50.1% | 47.9% | 45.0% | 37.1% | 35.7% |
| Interest coverage | 16.74x | 8.78x | 6.46x | 6.04x | 5.22x | 5.03x |
| R&D as a share of sales | 0.2% | 0.3% | 0.0% | 0.1% | 0.0% | 0.0% |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | -33.4% | 25.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -5.6% | 0.1% | 4.7% |
| Operating income | 8.3% | 7.0% | 8.8% |
| Net income | 12.2% | 9.6% | 11.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 10.6% | 9.9% | 9.7% | 9.6% |
| Net margin | 7.9% | 7.2% | 6.8% | 6.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 8.1 | 9.4 | 11.4 | 14.3 |
| Price to sales | 0.8 | 0.6 | 0.8 | 0.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 6 Nov 2025.
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Paid in the year | 0.22 | 0.21 | 0.20 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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