0.18
-5.26%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 372.7m
FY2016FY2025
Net income
−THB 263.4m
FY2016FY2025
Free cash flow
THB 14.0m
FY2016FY2025
Shareholders' equity
THB 587.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 372.7m | THB 515.6m | THB 545.8m | THB 480.3m | THB 481.5m | THB 530.1m | THB 377.1m | THB 317.7m | THB 331.6m | THB 407.7m |
| Gross profit | THB 7.7m | THB 90.0m | THB 76.5m | THB 139.1m | THB 155.8m | THB 167.9m | THB 129.9m | THB 130.8m | THB 141.5m | THB 171.1m |
| Operating income | −THB 171.4m | THB 15.8m | −THB 80.5m | THB 30.5m | THB 41.6m | THB 67.1m | THB 46.5m | THB 62.1m | THB 82.3m | THB 130.0m |
| Net income | −THB 263.4m | −THB 38.6m | −THB 116.7m | THB 1.7m | THB 26.7m | THB 37.3m | THB 27.6m | THB 58.8m | THB 73.9m | THB 127.6m |
| Diluted earnings per share | -0.24 | -0.03 | -0.10 | 0.00 | 0.02 | 0.04 | 0.03 | 0.06 | 0.08 | 0.17 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 1.43bn | THB 1.87bn | THB 1.89bn | THB 1.90bn | THB 1.59bn | THB 1.62bn | THB 1.80bn | THB 1.49bn | THB 1.04bn | THB 762.2m |
| Cash and short-term investments | THB 14.9m | THB 102.7m | THB 113.7m | THB 47.6m | THB 25.3m | THB 44.6m | THB 150.1m | THB 188.8m | THB 447.2m | THB 105.3m |
| Total liabilities | THB 761.7m | THB 930.4m | THB 913.7m | THB 792.7m | THB 501.9m | THB 614.8m | THB 807.1m | THB 472.4m | THB 155.0m | THB 131.6m |
| Debt | THB 693.1m | THB 822.9m | THB 815.6m | THB 652.8m | THB 420.3m | THB 534.5m | THB 653.7m | THB 254.3m | THB 98.8m | THB 74.5m |
| Shareholders' equity | THB 587.6m | THB 854.4m | THB 892.8m | THB 1.01bn | THB 1.01bn | THB 929.9m | THB 915.6m | THB 944.7m | THB 885.9m | THB 630.6m |
| Shares outstanding | 1,116m | 1,116m | 1,116m | 1,116m | 1,210m | 971m | 979m | 979m | 979m | 730m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 18.6m | THB 70.3m | THB 69.0m | THB 150.8m | THB 144.8m | THB 166.1m | THB 30.4m | THB 28.9m | THB 165.1m | THB 74.2m |
| Capital spending | −THB 4.6m | −THB 21.0m | −THB 129.6m | −THB 295.5m | −THB 12.6m | −THB 76.8m | −THB 378.8m | −THB 387.2m | −THB 20.8m | −THB 5.9m |
| Free cash flow | THB 14.0m | THB 49.3m | −THB 60.6m | −THB 144.7m | THB 132.2m | THB 89.2m | −THB 348.4m | −THB 358.3m | THB 144.3m | THB 68.3m |
| Dividends paid | — | — | — | — | −THB 13.9m | −THB 23.2m | −THB 55.8m | −THB 55.8m | −THB 236.0m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 97.5m | THB 88.5m | THB 85.6m | THB 78.9m | THB 98.6m | THB 109.6m | THB 130.2m | THB 121.2m |
| Gross profit | THB 26.3m | THB 15.3m | −THB 5.0m | THB 849,000 | THB 1.5m | THB 10.4m | THB 18.0m | THB 16.9m |
| Operating income | −THB 4.4m | −THB 11.1m | −THB 21.5m | −THB 35.0m | −THB 36.4m | −THB 25.1m | −THB 12.6m | THB 36.1m |
| Net income | −THB 18.8m | −THB 22.0m | −THB 140.8m | −THB 43.6m | −THB 43.7m | −THB 35.2m | −THB 23.7m | THB 16.7m |
| Diluted earnings per share | -0.02 | -0.02 | -0.13 | -0.04 | -0.04 | -0.03 | -0.02 | 0.01 |
| Cash from operations | THB 15.0m | THB 15.0m | −THB 19.0m | THB 10.0m | THB 18.0m | THB 42.0m | THB 7.0m | THB 25.0m |
| Capital spending | −THB 5.0m | — | — | — | −THB 1.0m | −THB 1.0m | −THB 5.0m | −THB 4.0m |
| Free cash flow | THB 10.0m | — | — | — | THB 17.0m | THB 41.0m | THB 2.0m | THB 21.0m |
| Total assets | THB 1.38bn | THB 1.40bn | THB 1.43bn | THB 1.56bn | THB 1.63bn | THB 1.71bn | THB 1.87bn | THB 1.85bn |
| Cash and short-term investments | THB 9.4m | THB 19.4m | THB 14.9m | THB 20.6m | THB 33.4m | THB 55.7m | THB 102.7m | THB 65.5m |
| Debt | THB 657.5m | THB 662.2m | THB 643.3m | THB 655.8m | THB 665.0m | THB 671.3m | THB 646.3m | THB 729.5m |
| Shareholders' equity | THB 546.8m | THB 565.6m | THB 587.6m | THB 728.4m | THB 772.0m | THB 819.2m | THB 854.4m | THB 878.0m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.1% | -6.8% | 0.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.0% | 16.4% | 21.8% | 29.0% |
| Operating margin | -17.5% | -10.7% | -3.3% | 7.4% |
| Net margin | -34.0% | -21.8% | -12.1% | 1.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.6 | -8.4 | -4.3 | 463.1 | 44.8 | 16.1 | 29.5 | 16.6 | 20.6 |
| Price to sales | 0.5 | 0.6 | 0.9 | 1.6 | 2.5 | 1.1 | 2.2 | 3.1 | 4.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 15 Mar 2021.
| FY2021 | FY2020 | FY2019 | |
|---|---|---|---|
| Paid in the year | 0.015 | 0.024 | 0.054 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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