5.90
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 1.88bn
FY2016FY2025
Net income
THB 248.8m
FY2016FY2025
Free cash flow
−THB 234.1m
FY2016FY2025
Shareholders' equity
THB 2.73bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.88bn | THB 2.39bn | THB 3.18bn | THB 2.30bn | THB 1.63bn | THB 1.72bn | THB 2.07bn | THB 1.92bn | THB 1.71bn | THB 1.47bn |
| Gross profit | THB 488.8m | THB 790.9m | THB 1.11bn | THB 548.9m | THB 325.9m | THB 330.3m | THB 391.8m | THB 279.7m | THB 188.2m | THB 65.6m |
| Operating income | THB 291.7m | THB 632.2m | THB 958.3m | THB 386.5m | THB 175.3m | THB 188.5m | THB 217.1m | THB 94.3m | THB 3.0m | −THB 103.5m |
| Net income | THB 248.8m | THB 503.7m | THB 765.1m | THB 307.8m | THB 143.7m | THB 114.0m | THB 179.7m | THB 57.3m | THB 5.5m | −THB 107.7m |
| Diluted earnings per share | 0.62 | 1.26 | 1.92 | 0.76 | 0.34 | 0.29 | 0.45 | 0.14 | 0.01 | -0.27 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 3.13bn | THB 3.21bn | THB 3.12bn | THB 2.62bn | THB 2.28bn | THB 2.30bn | THB 2.26bn | THB 2.09bn | THB 2.02bn | THB 2.03bn |
| Cash and short-term investments | THB 903.4m | THB 1.42bn | THB 1.61bn | THB 1.13bn | THB 817.3m | THB 839.7m | THB 648.7m | THB 346.4m | THB 123.0m | THB 17.8m |
| Total liabilities | THB 405.1m | THB 471.8m | THB 478.1m | THB 436.7m | THB 287.0m | THB 264.5m | THB 257.4m | THB 235.5m | THB 228.3m | THB 244.5m |
| Debt | THB 59.9m | THB 47.6m | THB 54.6m | THB 40.2m | THB 42.0m | THB 42.6m | — | — | — | THB 40.0m |
| Shareholders' equity | THB 2.73bn | THB 2.74bn | THB 2.65bn | THB 2.18bn | THB 2.00bn | THB 2.04bn | THB 2.00bn | THB 1.85bn | THB 1.79bn | THB 1.79bn |
| Shares outstanding | 400m | 400m | 398m | 403m | 417m | 393m | 400m | 400m | 400m | 400m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 399.2m | THB 580.3m | THB 868.4m | THB 506.8m | THB 243.9m | THB 324.8m | THB 343.5m | THB 267.9m | THB 178.0m | THB 99.0m |
| Capital spending | −THB 633.3m | −THB 368.2m | −THB 71.9m | −THB 52.2m | −THB 65.3m | −THB 42.5m | −THB 20.4m | −THB 33.5m | −THB 33.0m | −THB 58.7m |
| Free cash flow | −THB 234.1m | THB 212.0m | THB 796.5m | THB 454.6m | THB 178.7m | THB 282.4m | THB 323.1m | THB 234.4m | THB 145.0m | THB 40.2m |
| Dividends paid | −THB 260.0m | −THB 400.0m | −THB 300.0m | −THB 124.0m | −THB 184.0m | −THB 72.0m | −THB 24.0m | −THB 12.0m | −THB 12.0m | −THB 56.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 452.9m | THB 463.9m | THB 443.9m | THB 472.8m | THB 452.8m | THB 507.3m | THB 516.7m | THB 589.6m |
| Gross profit | THB 79.1m | THB 117.0m | THB 115.0m | THB 113.7m | THB 110.1m | THB 150.0m | THB 150.6m | THB 174.1m |
| Operating income | THB 29.9m | THB 61.0m | THB 66.1m | THB 60.0m | THB 65.2m | THB 111.0m | THB 126.5m | THB 118.9m |
| Net income | THB 25.3m | THB 50.3m | THB 59.5m | THB 49.1m | THB 51.9m | THB 88.3m | THB 100.8m | THB 94.8m |
| Diluted earnings per share | 0.06 | 0.13 | 0.15 | 0.12 | 0.13 | 0.22 | 0.25 | 0.24 |
| Cash from operations | THB 50.0m | THB 89.0m | THB 88.0m | THB 101.0m | THB 66.0m | THB 134.0m | THB 120.0m | THB 100.0m |
| Capital spending | −THB 16.0m | −THB 56.0m | −THB 46.0m | −THB 134.0m | −THB 232.0m | −THB 220.0m | −THB 92.0m | −THB 79.0m |
| Free cash flow | THB 34.0m | THB 33.0m | THB 42.0m | −THB 33.0m | −THB 166.0m | −THB 86.0m | THB 28.0m | THB 21.0m |
| Total assets | THB 3.04bn | THB 3.21bn | THB 3.13bn | THB 3.07bn | THB 3.08bn | THB 3.35bn | THB 3.21bn | THB 3.09bn |
| Cash and short-term investments | THB 798.1m | THB 930.6m | THB 903.4m | THB 868.0m | THB 906.9m | THB 1.34bn | THB 1.42bn | THB 1.40bn |
| Debt | THB 18.5m | THB 20.3m | THB 18.7m | THB 39.8m | THB 21.2m | THB 35.7m | THB 36.6m | THB 38.4m |
| Shareholders' equity | THB 2.64bn | THB 2.62bn | THB 2.73bn | THB 2.67bn | THB 2.62bn | THB 2.57bn | THB 2.74bn | THB 2.65bn |
Financial ratios
Data as of 25 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 26.0% | 33.0% | 35.0% | 23.9% | 19.9% | 19.2% |
| Operating margin | 16.7% | 26.4% | 30.1% | 16.9% | 10.7% | 11.0% |
| Net margin | 13.3% | 21.0% | 24.1% | 13.4% | 8.8% | 6.6% |
| Return on equity | 9.1% | 18.4% | 28.9% | 14.1% | 7.2% | 5.6% |
| Return on assets | 7.9% | 15.7% | 24.5% | 11.8% | 6.3% | 4.9% |
| Free cash flow yield | 16.6% | 24.2% | 36.3% | 21.0% | 9.8% | 13.8% |
| Revenue growth | -21.6% | -24.7% | 38.5% | 40.4% | -4.9% | -16.8% |
| Earnings growth | -50.6% | -34.2% | 148.6% | 114.3% | 26.0% | -36.6% |
| Current ratio | 4.58x | 5.22x | 5.76x | 4.64x | 6.31x | 6.97x |
| Debt to equity | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x |
| Equity ratio | 87.1% | 85.3% | 84.7% | 83.3% | 87.4% | 88.5% |
| Interest coverage | 228.82x | 402.95x | 693.35x | 377.65x | 157.43x | 169.78x |
| Buybacks as a share of market value | -0.1% | -0.4% | 1.1% | 3.4% | -6.0% | 1.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.5% | 1.8% | 0.9% |
| Operating income | -9.0% | 9.1% | — |
| Net income | -6.8% | 16.9% | 42.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.0% | 30.2% | 27.5% | 21.3% |
| Operating margin | 21.6% | 23.3% | 20.1% | 12.9% |
| Net margin | 17.6% | 18.7% | 15.9% | 10.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.4 | 7.2 | 7.9 | 13.6 | 16.1 | 16.5 | 11.8 | 32.8 | — | -18.3 |
| Price to sales | 1.4 | 1.5 | 1.9 | 1.8 | 1.4 | 1.1 | 1.0 | 1.0 | 1.6 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Mar 2026.
| FY2026 | |
|---|---|
| Paid in the year | 0.40 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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