5.45
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 10.82bn
FY2016FY2025
Net income
THB 479.3m
FY2016FY2025
Free cash flow
THB 1.08bn
FY2016FY2025
Shareholders' equity
THB 5.32bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 10.82bn | THB 10.04bn | THB 10.14bn | THB 9.02bn | THB 6.95bn | THB 9.11bn | THB 14.13bn | THB 12.18bn | THB 13.02bn | THB 13.68bn |
| Gross profit | THB 2.38bn | THB 2.14bn | THB 1.78bn | THB 1.51bn | THB 986.1m | THB 1.11bn | THB 2.77bn | THB 2.45bn | THB 2.18bn | THB 2.64bn |
| Operating income | THB 1.31bn | THB 804.7m | THB 591.0m | −THB 750.7m | −THB 37.5m | THB 71.9m | THB 1.06bn | −THB 313.6m | −THB 1.34bn | THB 317.5m |
| Net income | THB 479.3m | THB 132.9m | −THB 389.9m | −THB 1.33bn | −THB 460.4m | −THB 452.9m | THB 426.0m | −THB 1.08bn | −THB 948.0m | THB 71.2m |
| Diluted earnings per share | 0.48 | 0.13 | -0.39 | -1.32 | -0.46 | -0.45 | 0.42 | -1.07 | -0.94 | 0.06 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 17.03bn | THB 18.10bn | THB 19.11bn | THB 19.34bn | THB 18.15bn | THB 18.03bn | THB 21.22bn | THB 21.47bn | THB 22.21bn | THB 25.22bn |
| Cash and short-term investments | THB 2.76bn | THB 3.02bn | THB 2.46bn | THB 2.01bn | THB 1.25bn | THB 2.03bn | THB 2.53bn | THB 2.75bn | THB 2.66bn | THB 2.23bn |
| Total liabilities | THB 10.04bn | THB 11.33bn | THB 12.79bn | THB 15.48bn | THB 13.42bn | THB 13.80bn | THB 15.89bn | THB 16.53bn | THB 16.06bn | THB 17.31bn |
| Debt | THB 4.14bn | THB 5.22bn | THB 7.25bn | THB 10.28bn | THB 9.85bn | THB 9.91bn | THB 11.36bn | THB 11.56bn | THB 12.47bn | THB 13.24bn |
| Shareholders' equity | THB 5.32bn | THB 5.10bn | THB 4.85bn | THB 2.68bn | THB 3.38bn | THB 3.04bn | THB 3.67bn | THB 3.32bn | THB 4.58bn | THB 5.77bn |
| Shares outstanding | 1,006m | 1,007m | 1,007m | 1,007m | 1,007m | 1,007m | 1,007m | 1,007m | 1,007m | 1,171m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 1.51bn | THB 3.10bn | THB 1.09bn | THB 904.7m | −THB 151.5m | THB 3.37bn | THB 1.31bn | THB 3.20bn | THB 2.43bn | THB 3.62bn |
| Capital spending | −THB 433.2m | −THB 603.8m | −THB 636.1m | −THB 1.24bn | −THB 1.02bn | −THB 2.25bn | −THB 1.32bn | −THB 2.20bn | −THB 1.07bn | −THB 2.09bn |
| Free cash flow | THB 1.08bn | THB 2.50bn | THB 451.8m | −THB 336.6m | −THB 1.17bn | THB 1.11bn | −THB 8.8m | THB 1.00bn | THB 1.36bn | THB 1.53bn |
| Dividends paid | −THB 100.6m | — | −THB 158.8m | −THB 20.3m | −THB 76 | −THB 150.9m | −THB 100.6m | −THB 100.6m | −THB 80.5m | −THB 312.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 2.81bn | THB 2.84bn | THB 3.07bn | THB 2.51bn | THB 2.36bn | THB 2.87bn | THB 3.57bn | THB 2.31bn |
| Gross profit | THB 575.6m | THB 622.4m | THB 604.9m | THB 601.1m | THB 567.9m | THB 635.8m | THB 650.3m | THB 503.1m |
| Operating income | THB 291.8m | THB 354.1m | THB 327.8m | THB 321.7m | THB 321.0m | THB 244.9m | THB 363.1m | THB 266.6m |
| Net income | THB 140.6m | THB 139.0m | THB 176.9m | THB 87.1m | THB 159.7m | THB 55.7m | THB 170.7m | THB 90.8m |
| Diluted earnings per share | 0.14 | 0.14 | 0.18 | 0.09 | 0.16 | 0.06 | 0.17 | 0.09 |
| Cash from operations | THB 82.0m | THB 265.0m | THB 687.0m | THB 1.50bn | THB 734.0m | −THB 1.43bn | THB 1.08bn | THB 643.0m |
| Capital spending | −THB 65.0m | −THB 94.0m | −THB 50.0m | −THB 212.0m | −THB 268.0m | −THB 110.0m | −THB 160.0m | −THB 178.0m |
| Free cash flow | THB 17.0m | THB 171.0m | THB 637.0m | THB 1.29bn | THB 466.0m | −THB 1.54bn | THB 918.0m | THB 465.0m |
| Total assets | THB 16.62bn | THB 17.16bn | THB 17.03bn | THB 16.98bn | THB 17.27bn | THB 17.70bn | THB 18.10bn | THB 16.54bn |
| Cash and short-term investments | THB 2.10bn | THB 3.16bn | THB 2.56bn | THB 2.78bn | THB 2.22bn | THB 1.82bn | THB 3.02bn | THB 2.16bn |
| Debt | THB 2.35bn | THB 4.14bn | THB 4.19bn | THB 4.88bn | THB 5.30bn | THB 5.23bn | THB 5.14bn | THB 5.18bn |
| Shareholders' equity | THB 5.53bn | THB 5.52bn | THB 5.32bn | THB 5.22bn | THB 5.25bn | THB 5.16bn | THB 5.10bn | THB 4.70bn |
Financial ratios
Data as of 14 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 22.0% | 21.3% | 17.6% | 16.7% | 14.2% | 12.2% |
| Operating margin | 12.2% | 8.0% | 0.4% | -4.1% | -0.4% | 0.8% |
| Net margin | 4.4% | 1.3% | -3.8% | -14.8% | -6.6% | -5.0% |
| Return on equity | 9.0% | 2.6% | -8.0% | -49.7% | -13.6% | -14.9% |
| Return on assets | 2.8% | 0.7% | -2.0% | -6.9% | -2.5% | -2.5% |
| Free cash flow yield | 34.5% | 65.7% | 30.6% | 38.1% | 15.5% | 99.7% |
| Revenue growth | 7.7% | -1.0% | 12.4% | 29.7% | -23.6% | -35.6% |
| Earnings growth | 260.6% | -134.1% | -70.7% | 189.4% | 1.7% | -206.3% |
| Current ratio | 1.29x | 1.22x | 1.18x | 0.88x | 0.82x | 1.06x |
| Debt to equity | 0.78x | 1.01x | 1.47x | 3.77x | 2.88x | 3.21x |
| Equity ratio | 31.3% | 28.2% | 25.4% | 13.9% | 18.6% | 16.9% |
| Interest coverage | 4.77x | 2.40x | 0.08x | -0.76x | -0.07x | 0.18x |
| 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 | 6.2% | 3.5% | -5.2% |
| Operating income | — | 78.8% | -0.9% |
| Net income | — | — | -5.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.7% | 19.5% | 17.7% | 18.8% |
| Operating margin | 10.2% | 4.9% | 3.6% | 2.5% |
| Net margin | 2.9% | -2.8% | -3.6% | -2.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.6 | 50.7 | -11.4 | -4.2 | -13.6 | -12.1 | 16.1 | -5.9 | -12.4 | 205.5 |
| Price to sales | 0.5 | 0.7 | 0.4 | 0.6 | 0.9 | 0.6 | 0.5 | 0.5 | 0.9 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 1 years. Last went ex-dividend on 18 Mar 2026.
| FY2026 | FY2025 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.14 | 0.10 | 0.15 | 0.10 | 0.10 | 0.08 | 0.31 | 0.73 |
- 10-for-1 split · 12 Dec 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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