3.62
+0.56%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 1.49bn
FY2016FY2025
Net income
THB 210.8m
FY2016FY2025
Free cash flow
THB 258.7m
FY2016FY2025
Shareholders' equity
THB 1.12bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.49bn | THB 813.6m | THB 1.48bn | THB 1.15bn | THB 785.9m | THB 1.42bn | THB 1.55bn | THB 1.44bn | THB 715.8m | THB 1.06bn |
| Gross profit | THB 335.8m | THB 63.1m | THB 209.9m | THB 212.0m | THB 110.2m | THB 305.0m | THB 409.1m | THB 338.6m | THB 167.1m | THB 259.8m |
| Operating income | THB 247.2m | −THB 7.9m | THB 125.3m | THB 132.8m | THB 44.7m | THB 216.4m | THB 328.3m | THB 259.4m | THB 96.6m | THB 204.0m |
| Net income | THB 210.8m | THB 501,238 | THB 106.3m | THB 119.8m | THB 39.8m | THB 182.5m | THB 277.6m | THB 217.8m | THB 101.3m | THB 172.2m |
| Diluted earnings per share | 0.28 | 0.00 | 0.14 | 0.16 | 0.05 | 0.24 | 0.37 | 0.29 | 0.14 | 0.23 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 1.53bn | THB 1.10bn | THB 1.27bn | THB 1.28bn | THB 1.21bn | THB 1.32bn | THB 1.69bn | THB 1.24bn | THB 923.6m | THB 1.02bn |
| Cash and short-term investments | THB 646.2m | THB 432.4m | THB 447.0m | THB 310.7m | THB 418.1m | THB 343.0m | THB 326.2m | THB 207.0m | THB 113.8m | THB 289.4m |
| Total liabilities | THB 410.4m | THB 153.9m | THB 222.6m | THB 226.6m | THB 234.8m | THB 274.3m | THB 622.3m | THB 377.5m | THB 166.1m | THB 224.7m |
| Debt | THB 85.0m | THB 30.3m | THB 21.2m | THB 15.6m | THB 45.7m | THB 87.2m | THB 110.9m | THB 61.8m | THB 3.9m | THB 10.3m |
| Shareholders' equity | THB 1.12bn | THB 942.9m | THB 1.05bn | THB 1.05bn | THB 977.5m | THB 1.05bn | THB 1.07bn | THB 866.6m | THB 757.5m | THB 790.8m |
| Shares outstanding | 750m | 750m | 750m | 750m | 750m | 750m | 750m | 750m | 750m | 750m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 297.7m | THB 107.4m | THB 261.3m | −THB 11.4m | THB 265.0m | THB 278.4m | THB 351.4m | THB 287.3m | THB 115.3m | THB 202.7m |
| Capital spending | −THB 39.0m | −THB 9.9m | −THB 22.2m | −THB 20.6m | −THB 43.9m | −THB 20.8m | −THB 187.6m | −THB 86.2m | −THB 157.2m | −THB 148.1m |
| Free cash flow | THB 258.7m | THB 97.4m | THB 239.0m | −THB 32.0m | THB 221.1m | THB 257.6m | THB 163.8m | THB 201.1m | −THB 41.9m | THB 54.6m |
| Dividends paid | −THB 30.0m | −THB 105.0m | −THB 112.5m | −THB 45.0m | −THB 105.0m | −THB 202.5m | −THB 75.0m | −THB 108.7m | −THB 131.2m | −THB 292.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 415.1m | THB 488.5m | THB 422.5m | THB 379.0m | THB 388.6m | THB 298.7m | THB 157.2m | THB 291.2m |
| Gross profit | THB 121.6m | THB 115.9m | THB 107.0m | THB 97.9m | THB 95.2m | THB 40.1m | THB 3.0m | THB 34.7m |
| Operating income | THB 97.8m | THB 92.6m | THB 81.7m | THB 75.0m | THB 72.8m | THB 20.7m | −THB 10.8m | THB 15.2m |
| Net income | THB 80.2m | THB 77.3m | THB 71.7m | THB 62.1m | THB 58.8m | THB 18.2m | −THB 7.5m | THB 13.5m |
| Diluted earnings per share | 0.11 | 0.10 | 0.10 | 0.08 | 0.08 | 0.02 | -0.01 | 0.02 |
| Cash from operations | THB 136.0m | THB 26.0m | THB 204.0m | THB 79.0m | THB 21.0m | −THB 6.0m | THB 56.0m | THB 23.0m |
| Capital spending | −THB 4.0m | −THB 3.0m | −THB 10.0m | −THB 7.0m | −THB 8.0m | −THB 12.0m | −THB 3.0m | −THB 2.0m |
| Free cash flow | THB 132.0m | THB 23.0m | THB 194.0m | THB 72.0m | THB 13.0m | −THB 18.0m | THB 53.0m | THB 21.0m |
| Total assets | THB 1.66bn | THB 1.67bn | THB 1.53bn | THB 1.40bn | THB 1.32bn | THB 1.25bn | THB 1.10bn | THB 1.15bn |
| Cash and short-term investments | — | THB 659.2m | THB 646.2m | THB 457.9m | THB 389.6m | THB 410.8m | THB 432.4m | THB 381.5m |
| Debt | — | THB 37.6m | THB 50.9m | THB 17.4m | THB 18.5m | THB 19.5m | THB 12.9m | THB 13.4m |
| Shareholders' equity | THB 1.10bn | THB 1.20bn | THB 1.12bn | THB 1.05bn | THB 989.9m | THB 961.1m | THB 942.9m | THB 949.2m |
Financial ratios
Data as of 29 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 22.6% | 7.8% | 14.2% | 18.5% | 14.0% | 21.5% |
| Operating margin | 16.6% | 0.0% | 8.9% | 12.9% | 5.9% | 15.5% |
| Net margin | 14.2% | 0.1% | 7.2% | 10.4% | 5.1% | 12.9% |
| Return on equity | 18.8% | 0.1% | 10.2% | 11.4% | 4.1% | 17.4% |
| Return on assets | 13.7% | 0.0% | 8.4% | 9.4% | 3.3% | 13.8% |
| Free cash flow yield | 11.8% | 4.1% | 9.9% | 0.3% | 10.8% | 10.5% |
| Revenue growth | 83.0% | -45.1% | 29.3% | 45.9% | -44.5% | -8.9% |
| Earnings growth | 41954.8% | -99.5% | -11.2% | 201.3% | -78.2% | -34.2% |
| Current ratio | 3.66x | 7.23x | 4.83x | 4.29x | 3.34x | 3.78x |
| Debt to equity | 0.02x | 0.01x | 0.02x | 0.01x | 0.04x | 0.05x |
| Equity ratio | 73.2% | 86.0% | 82.5% | 82.3% | 80.6% | 79.2% |
| Interest coverage | 86.88x | 0.12x | 102.66x | 112.19x | 16.49x | 52.84x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.1% | 1.0% | 2.0% |
| Operating income | 23.0% | 2.7% | 0.3% |
| Net income | 20.7% | 2.9% | 0.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 17.3% | 16.6% | 17.3% | 20.7% |
| Operating margin | 10.4% | 10.1% | 10.6% | 14.4% |
| Net margin | 9.2% | 8.9% | 9.2% | 12.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 9.3 | — | 17.8 | 27.9 | 96.2 | 16.2 | 12.8 | 24.3 | 59.6 | 27.4 |
| Price to sales | 1.3 | 1.7 | 1.3 | 2.9 | 4.9 | 2.1 | 2.3 | 3.7 | 8.4 | 4.5 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 18 Mar 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.04 | 0.14 | 0.15 | 0.06 | 0.14 | 0.27 | 0.10 | 0.145 |
- 2-for-1 split · 17 May 2018
- 5-for-4 split · 19 Mar 2013
- 4-for-3 split · 25 Mar 2009
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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