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Polynet PCL POLY.BK · THB

Consumer Discretionary · SET · 🇹🇭 Thailand

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6.90

+3.76%

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 1.20bn

FY2018FY2025

Net income

THB 268.1m

FY2018FY2025

Free cash flow

THB 238.2m

FY2018FY2025

Shareholders' equity

THB 1.33bn

FY2018FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
RevenueTHB 1.20bnTHB 1.02bnTHB 961.3mTHB 1.08bnTHB 786.1mTHB 522.7mTHB 581.4mTHB 676.4m
Gross profitTHB 375.7mTHB 305.9mTHB 232.1mTHB 269.2mTHB 222.3mTHB 100.4mTHB 94.9mTHB 147.3m
Operating incomeTHB 294.3mTHB 225.6mTHB 157.4mTHB 215.9mTHB 156.0mTHB 42.1mTHB 31.2mTHB 77.0m
Net incomeTHB 268.1mTHB 214.1mTHB 175.0mTHB 161.7mTHB 120.9mTHB 21.8mTHB 13.1mTHB 45.5m
Diluted earnings per share0.600.480.390.360.270.050.030.10

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assetsTHB 1.52bnTHB 1.51bnTHB 1.57bnTHB 1.69bnTHB 1.13bnTHB 944.5mTHB 899.7mTHB 910.1m
Cash and short-term investmentsTHB 276.6mTHB 304.4mTHB 291.9mTHB 410.0mTHB 11.1mTHB 17.0mTHB 7.3mTHB 25.6m
Total liabilitiesTHB 191.7mTHB 214.4mTHB 264.0mTHB 489.6mTHB 547.7mTHB 478.2mTHB 455.2mTHB 485.0m
DebtTHB 27.7mTHB 53.0mTHB 85.0mTHB 299.8mTHB 369.1mTHB 360.8mTHB 342.6mTHB 323.6m
Shareholders' equityTHB 1.33bnTHB 1.30bnTHB 1.30bnTHB 1.20bnTHB 587.2mTHB 466.3mTHB 444.5mTHB 425.1m
Shares outstanding450m450m450m450m450m450m450m450m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operationsTHB 341.1mTHB 362.5mTHB 308.1mTHB 150.8mTHB 190.1mTHB 108.5mTHB 144.5mTHB 121.9m
Capital spending−THB 102.9m−THB 94.6m−THB 128.7m−THB 58.7m−THB 116.8m−THB 89.3m−THB 81.5m−THB 86.4m
Free cash flowTHB 238.2mTHB 267.8mTHB 179.4mTHB 92.1mTHB 73.2mTHB 19.3mTHB 62.9mTHB 35.6m
Dividends paid−THB 234.0m−THB 220.5m−THB 76.5m−THB 342.1m——−THB 42.9m—

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 334.8mTHB 291.0mTHB 300.1mTHB 316.6mTHB 275.2mTHB 307.6mTHB 296.0mTHB 252.8m
Gross profitTHB 134.5mTHB 101.0mTHB 95.8mTHB 105.9mTHB 79.9mTHB 102.1mTHB 90.1mTHB 77.7m
Operating incomeTHB 83.6mTHB 78.1mTHB 70.6mTHB 86.0mTHB 56.4mTHB 83.0mTHB 70.1mTHB 58.4m
Net incomeTHB 72.4mTHB 71.9mTHB 66.3mTHB 76.1mTHB 49.7mTHB 76.0mTHB 63.6mTHB 56.7m
Diluted earnings per share0.160.160.150.170.110.170.140.13
Cash from operationsTHB 74.0mTHB 108.0mTHB 69.0mTHB 72.0mTHB 109.0mTHB 92.0mTHB 61.0mTHB 81.0m
Capital spending−THB 7.0m−THB 4.0m−THB 12.0m−THB 24.0m−THB 32.0m−THB 34.0m−THB 36.0m−THB 7.0m
Free cash flowTHB 67.0mTHB 104.0mTHB 57.0mTHB 48.0mTHB 77.0mTHB 58.0mTHB 25.0mTHB 74.0m
Total assetsTHB 1.54bnTHB 1.62bnTHB 1.52bnTHB 1.48bnTHB 1.54bnTHB 1.62bnTHB 1.51bnTHB 1.44bn
Cash and short-term investments—THB 374.7mTHB 276.6mTHB 225.5mTHB 312.8mTHB 355.3mTHB 304.4mTHB 286.1m
Debt—THB 17.8mTHB 40.7mTHB 24.0mTHB 25.0mTHB 26.0mTHB 26.7mTHB 27.5m
Shareholders' equityTHB 1.34bnTHB 1.27bnTHB 1.33bnTHB 1.26bnTHB 1.31bnTHB 1.26bnTHB 1.30bnTHB 1.23bn

Financial ratios

Data as of 23 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin31.3%29.9%24.1%24.9%28.3%19.2%
Operating margin24.5%22.4%22.3%20.0%19.8%7.1%
Net margin22.3%20.9%18.2%14.9%15.4%4.2%
Return on equity20.2%16.5%13.4%13.4%20.6%4.7%
Return on assets17.6%14.2%11.2%9.6%10.7%2.3%
Free cash flow yield14.2%14.6%14.0%6.7%9.8%—
Revenue growth17.1%6.5%-11.2%37.7%50.4%-10.1%
Earnings growth25.2%22.3%8.3%33.7%454.9%65.9%
Current ratio3.87x3.86x3.46x2.80x0.81x0.57x
Debt to equity0.02x0.02x0.03x0.19x0.51x0.72x
Equity ratio87.4%85.8%83.1%71.1%51.7%49.4%
Interest coverage130.97x63.65x23.37x9.04x11.01x3.25x
Buybacks as a share of market value0.0%0.0%0.0%0.0%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.5%18.1%—
Operating income10.9%47.5%—
Net income18.4%65.2%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin30.7%27.7%27.0%—
Operating margin23.4%20.9%19.6%—
Net margin21.7%19.2%17.2%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022
Price to earnings11.818.722.934.0
Price to sales2.63.94.25.1

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 27 Aug 2026.

FY2026FY2025FY2024FY2023FY2022
Paid in the year0.600.520.490.170.08

Sources and methodology

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

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