10.90
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 2.07bn
FY2016FY2025
Net income
THB 545.8m
FY2016FY2025
Free cash flow
THB 676.4m
FY2016FY2025
Shareholders' equity
THB 1.38bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 2.07bn | THB 1.76bn | THB 1.64bn | THB 1.22bn | THB 455.8m | THB 686.0m | THB 648.3m | THB 1.93bn | THB 1.85bn | THB 1.77bn |
| Gross profit | THB 998.2m | THB 902.8m | THB 769.0m | THB 520.1m | THB 129.1m | THB 612.3m | THB 500.3m | THB 926.8m | THB 934.4m | THB 882.7m |
| Operating income | THB 753.4m | THB 589.1m | THB 412.4m | THB 287.9m | −THB 66.8m | THB 605.9m | THB 501.7m | THB 658.9m | THB 375.3m | THB 348.6m |
| Net income | THB 545.8m | THB 464.3m | THB 271.6m | THB 199.5m | −THB 74.3m | THB 501.7m | THB 433.2m | THB 252.8m | THB 43.9m | THB 279.4m |
| Diluted earnings per share | 0.85 | 0.73 | 0.42 | 0.31 | -0.12 | 1.18 | 1.02 | 0.40 | 0.07 | 0.49 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 2.32bn | THB 2.18bn | THB 1.88bn | THB 2.25bn | THB 1.60bn | THB 6.14bn | THB 5.15bn | THB 2.40bn | THB 2.44bn | THB 2.33bn |
| Cash and short-term investments | THB 871.3m | THB 843.2m | THB 520.5m | THB 578.8m | THB 326.4m | THB 478.2m | THB 56.7m | THB 794.8m | THB 615.3m | THB 689.9m |
| Total liabilities | THB 947.0m | THB 652.6m | THB 605.5m | THB 1.91bn | THB 1.45bn | THB 1.34bn | THB 443.9m | THB 2.57bn | THB 2.37bn | THB 2.33bn |
| Debt | THB 103,582 | THB 76,505 | THB 72,552 | THB 1.43bn | THB 1.19bn | THB 1.10bn | THB 212.8m | THB 183.7m | — | — |
| Shareholders' equity | THB 1.38bn | THB 1.53bn | THB 1.28bn | THB 339.1m | THB 142.8m | THB 4.80bn | THB 4.71bn | −THB 174.8m | THB 68.6m | — |
| Shares outstanding | 638m | 640m | 640m | 640m | 640m | 427m | 427m | 640m | 640m | 576m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 678.7m | THB 528.6m | THB 404.0m | THB 291.3m | −THB 93.7m | THB 943.4m | THB 411.6m | −THB 1.56bn | THB 447.3m | THB 343.0m |
| Capital spending | −THB 2.2m | −THB 14.5m | −THB 102.3m | −THB 61.6m | −THB 21.7m | — | — | −THB 78.9m | −THB 96.9m | −THB 152.2m |
| Free cash flow | THB 676.4m | THB 514.1m | THB 301.8m | THB 229.8m | −THB 115.4m | THB 943.4m | THB 411.6m | −THB 1.64bn | THB 350.4m | THB 190.8m |
| Dividends paid | −THB 575.4m | −THB 184.8m | −THB 480.0m | — | — | −THB 407.4m | −THB 437.3m | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 451.2m | THB 490.6m | THB 505.5m | THB 590.0m | THB 476.2m | THB 499.2m | THB 472.8m | THB 434.9m |
| Gross profit | THB 238.6m | THB 259.1m | THB 267.4m | THB 234.3m | THB 242.6m | THB 250.9m | THB 243.1m | THB 226.5m |
| Operating income | THB 171.5m | THB 198.0m | THB 204.5m | THB 160.4m | THB 163.9m | THB 177.1m | THB 157.3m | THB 157.6m |
| Net income | THB 121.8m | THB 143.1m | THB 146.1m | THB 128.1m | THB 130.0m | THB 141.7m | THB 127.7m | THB 126.1m |
| Diluted earnings per share | 0.19 | 0.22 | 0.23 | 0.20 | 0.20 | 0.22 | 0.20 | 0.20 |
| Cash from operations | THB 183.0m | THB 74.0m | THB 147.0m | THB 236.0m | THB 176.0m | THB 103.0m | THB 164.0m | THB 213.0m |
| Capital spending | — | — | — | −THB 1.0m | — | — | −THB 3.0m | −THB 3.0m |
| Free cash flow | — | — | — | THB 235.0m | — | — | THB 161.0m | THB 210.0m |
| Total assets | THB 2.30bn | THB 2.44bn | THB 2.32bn | THB 2.16bn | THB 1.99bn | THB 2.24bn | THB 2.18bn | THB 2.08bn |
| Cash and short-term investments | THB 860.4m | THB 981.7m | THB 871.3m | THB 737.3m | THB 774.2m | THB 950.2m | THB 843.2m | THB 811.1m |
| Debt | THB 115,000 | THB 112,000 | THB 207,164 | THB 188,000 | THB 170,000 | THB 154,000 | THB 76,505 | THB 77,000 |
| Shareholders' equity | THB 1.40bn | THB 1.58bn | THB 1.38bn | THB 1.26bn | THB 1.40bn | THB 1.66bn | THB 1.53bn | THB 1.51bn |
Financial ratios
Data as of 9 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 48.2% | 51.4% | 46.8% | 42.7% | 28.3% | — | 48.0% |
| Operating margin | 36.4% | 34.2% | 26.2% | 25.4% | -13.9% | — | 24.8% |
| Net margin | 26.4% | 26.4% | 16.5% | 16.4% | -16.3% | — | 13.1% |
| Return on equity | 39.6% | 30.4% | 21.3% | 58.8% | -52.0% | — | -144.7% |
| Return on assets | 23.5% | 21.3% | 14.4% | 8.9% | -4.7% | — | 10.6% |
| Free cash flow yield | 10.1% | 8.0% | 7.5% | 5.2% | — | — | -21.8% |
| Revenue growth | 18.0% | 6.8% | 35.0% | 167.2% | -76.4% | — | 4.1% |
| Earnings growth | 17.6% | 71.0% | 36.1% | -368.4% | -129.4% | — | 476.3% |
| Current ratio | 2.83x | 3.01x | 2.16x | 1.09x | 2.78x | — | 2.36x |
| Debt to equity | 0.00x | 0.00x | 0.00x | 4.21x | 8.33x | — | -1.05x |
| Equity ratio | 59.3% | 70.0% | 67.8% | 15.1% | 8.9% | — | -7.3% |
| Interest coverage | 129.09x | 84.27x | 6.22x | 5.54x | -2.02x | — | 4.99x |
| Buybacks as a share of market value | 0.2% | 0.0% | 0.0% | 0.0% | — | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 19.4% | 24.7% | 14.0% |
| Operating income | 37.8% | 4.5% | 6.0% |
| Net income | 39.9% | 1.7% | 1.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 49.7% | 47.7% | 50.2% | 52.1% |
| Operating margin | 35.1% | 30.5% | 33.0% | 33.5% |
| Net margin | 26.4% | 22.1% | 24.4% | 23.3% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | 13.7 | 26.5 | 37.9 |
| Price to sales | 3.6 | 7.0 | 6.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 20 Aug 2026.
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Paid in the year | 0.90 | 1.20 | 0.75 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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