9.60
+1.59%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 3.87bn
FY2016FY2025
Net income
THB 600.2m
FY2016FY2025
Free cash flow
THB 956.7m
FY2016FY2025
Shareholders' equity
THB 3.28bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 3.87bn | THB 4.58bn | THB 3.81bn | THB 5.25bn | THB 4.55bn | THB 3.97bn | THB 3.26bn | THB 4.45bn | THB 4.33bn | THB 3.47bn |
| Gross profit | THB 887.2m | THB 1.03bn | THB 671.3m | THB 1.35bn | THB 1.09bn | THB 970.1m | THB 667.1m | THB 941.6m | THB 974.3m | THB 993.1m |
| Operating income | THB 601.8m | THB 658.4m | THB 479.3m | THB 1.04bn | THB 857.5m | THB 773.9m | THB 453.0m | THB 682.0m | THB 488.2m | THB 680.1m |
| Net income | THB 600.2m | THB 597.6m | THB 371.2m | THB 828.9m | THB 727.8m | THB 618.7m | THB 375.2m | THB 558.4m | THB 531.7m | THB 541.1m |
| Diluted earnings per share | 1.12 | 1.12 | 0.69 | 1.55 | 1.36 | 1.16 | 0.70 | 1.04 | 1.00 | 1.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 3.77bn | THB 3.92bn | THB 3.87bn | THB 4.27bn | THB 4.33bn | THB 3.22bn | THB 2.47bn | THB 2.70bn | THB 2.45bn | THB 2.08bn |
| Cash and short-term investments | THB 1.07bn | THB 655.0m | THB 643.7m | THB 723.2m | THB 803.5m | THB 574.7m | THB 169.8m | THB 169.8m | THB 118.9m | THB 94.8m |
| Total liabilities | THB 496.8m | THB 882.0m | THB 1.10bn | THB 1.55bn | THB 1.87bn | THB 1.06bn | THB 641.1m | THB 943.0m | THB 919.0m | THB 788.1m |
| Debt | THB 101.9m | THB 289.0m | THB 424.3m | THB 1.06bn | THB 1.31bn | THB 376.6m | THB 144.9m | THB 548.0m | THB 303.8m | THB 310.0m |
| Shareholders' equity | THB 3.28bn | THB 3.04bn | THB 2.77bn | THB 2.72bn | THB 2.47bn | THB 2.16bn | THB 1.83bn | THB 1.76bn | THB 1.53bn | THB 1.29bn |
| Shares outstanding | 536m | 536m | 536m | 536m | 536m | 536m | 536m | 536m | 533m | 532m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 1.04bn | THB 539.1m | THB 952.6m | THB 878.2m | −THB 122.2m | THB 618.1m | THB 761.4m | THB 325.5m | THB 433.7m | THB 539.6m |
| Capital spending | −THB 82.6m | −THB 75.7m | −THB 92.2m | −THB 135.8m | −THB 158.1m | −THB 161.6m | −THB 55.5m | −THB 201.4m | −THB 108.3m | −THB 132.9m |
| Free cash flow | THB 956.7m | THB 463.4m | THB 860.4m | THB 742.4m | −THB 280.3m | THB 456.6m | THB 705.9m | THB 124.1m | THB 325.5m | THB 406.7m |
| Dividends paid | −THB 358.3m | −THB 326.1m | −THB 326.2m | −THB 572.1m | −THB 418.6m | −THB 293.4m | −THB 304.4m | −THB 346.0m | −THB 311.9m | −THB 326.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.09bn | THB 1.05bn | THB 828.2m | THB 857.6m | THB 1.16bn | THB 1.03bn | THB 1.13bn | THB 1.17bn |
| Gross profit | THB 310.0m | THB 238.3m | THB 176.2m | THB 213.5m | THB 312.2m | THB 201.6m | THB 252.6m | THB 270.2m |
| Operating income | THB 230.0m | THB 166.6m | THB 112.7m | THB 144.0m | THB 210.3m | THB 160.2m | THB 158.2m | THB 104.4m |
| Net income | THB 226.3m | THB 171.2m | THB 119.5m | THB 127.7m | THB 207.6m | THB 145.4m | THB 145.7m | THB 100.2m |
| Diluted earnings per share | 0.42 | 0.32 | 0.22 | 0.24 | 0.39 | 0.27 | 0.27 | 0.19 |
| Cash from operations | −THB 76.0m | THB 185.0m | THB 62.0m | THB 413.0m | THB 303.0m | THB 260.0m | THB 463.0m | −THB 17.0m |
| Capital spending | −THB 25.0m | −THB 15.0m | −THB 25.0m | −THB 14.0m | −THB 18.0m | −THB 23.0m | −THB 17.0m | −THB 22.0m |
| Free cash flow | −THB 101.0m | THB 170.0m | THB 37.0m | THB 399.0m | THB 285.0m | THB 237.0m | THB 446.0m | −THB 39.0m |
| Total assets | THB 4.32bn | THB 3.98bn | THB 3.77bn | THB 3.64bn | THB 3.92bn | THB 4.22bn | THB 3.92bn | THB 3.90bn |
| Cash and short-term investments | THB 1.21bn | THB 1.20bn | THB 1.07bn | THB 1.01bn | THB 845.9m | THB 1.04bn | THB 655.0m | THB 497.2m |
| Debt | THB 326.2m | THB 53.1m | THB 101.9m | THB 74.3m | THB 99.2m | THB 430.6m | THB 287.1m | THB 570.8m |
| Shareholders' equity | THB 3.51bn | THB 3.28bn | THB 3.28bn | THB 3.16bn | THB 3.24bn | THB 3.04bn | THB 3.04bn | THB 2.89bn |
Financial ratios
Data as of 16 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 22.9% | 22.5% | 17.6% | 25.7% | 24.0% | 24.4% |
| Operating margin | 15.5% | 14.4% | 12.6% | 19.8% | 18.8% | 19.5% |
| Net margin | 15.5% | 13.1% | 9.7% | 15.8% | 16.0% | 15.6% |
| Return on equity | 18.3% | 19.7% | 13.4% | 30.5% | 29.5% | 28.7% |
| Return on assets | 15.9% | 15.3% | 9.6% | 19.4% | 16.8% | 19.2% |
| Free cash flow yield | 20.4% | 10.6% | 18.7% | 17.3% | -2.4% | 12.2% |
| Revenue growth | -15.4% | 20.1% | -27.4% | 15.3% | 14.5% | 22.0% |
| Earnings growth | 0.5% | 61.0% | -55.2% | 13.9% | 17.6% | 64.9% |
| Current ratio | 5.64x | 3.11x | 2.38x | 1.92x | 1.64x | 1.93x |
| Debt to equity | 0.03x | 0.09x | 0.15x | 0.39x | 0.53x | 0.17x |
| Equity ratio | 86.8% | 77.5% | 71.5% | 63.7% | 56.9% | 66.9% |
| Interest coverage | 55.19x | 21.31x | 24.79x | 43.30x | 80.26x | 94.38x |
| 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 | -9.7% | -0.5% | 3.2% |
| Operating income | -16.6% | -4.9% | 3.8% |
| Net income | -10.2% | -0.6% | 3.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 22.7% | 22.5% | 23.1% | 23.1% |
| Operating margin | 14.9% | 15.9% | 16.9% | 16.1% |
| Net margin | 14.2% | 13.7% | 14.4% | 14.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.8 | 8.4 | 13.9 | 8.4 | 8.8 | 8.9 | 9.1 | 12.0 | 14.3 | 15.4 |
| Price to sales | 1.2 | 1.1 | 1.4 | 1.3 | 1.4 | 1.4 | 1.0 | 1.5 | 1.8 | 2.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 12 years. Last went ex-dividend on 7 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.30 | 0.67 | 0.61 | 0.61 | 1.07 | 0.78 | 0.55 | 0.57 |
- 10-for-1 split · 8 Apr 2015
- 9-for-8 split · 7 Apr 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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