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S

Saha Pathana Inter-Holding PCL SPI.BK · THB

Real Estate · SET · 🇹🇭 Thailand

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34.75

-0.71%

Close of 9 Nov 2026, in THB

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in THB, from our data supplier.

FY2025

Revenue

THB 3.96bn

FY2016FY2025

Net income

THB 2.28bn

FY2016FY2025

Free cash flow

−THB 1.12bn

FY2016FY2025

Shareholders' equity

THB 49.44bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 3.96bnTHB 3.69bnTHB 3.51bnTHB 4.12bnTHB 2.95bnTHB 2.87bnTHB 2.55bnTHB 2.63bnTHB 2.73bnTHB 4.16bn
Gross profitTHB 1.20bnTHB 1.17bnTHB 899.5mTHB 870.8mTHB 715.3mTHB 716.6m−THB 7.1mTHB 38.5mTHB 263.1mTHB 1.88bn
Operating incomeTHB 104.9mTHB 439.6mTHB 317.9mTHB 295.8mTHB 184.3mTHB 461.2m−THB 383.5m−THB 371.5m−THB 264.1mTHB 1.39bn
Net incomeTHB 2.28bnTHB 3.37bnTHB 3.09bnTHB 3.36bnTHB 3.59bnTHB 2.31bnTHB 2.27bnTHB 2.60bnTHB 3.50bnTHB 1.68bn
Diluted earnings per share2.663.933.613.924.172.682.643.244.372.27

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 71.97bnTHB 70.20bnTHB 65.25bnTHB 61.72bnTHB 55.43bnTHB 54.72bnTHB 41.58bnTHB 38.80bnTHB 34.91bnTHB 25.02bn
Cash and short-term investmentsTHB 1.92bnTHB 1.47bnTHB 1.21bnTHB 1.28bnTHB 249.3mTHB 5.16bnTHB 1.78bnTHB 891.5mTHB 159.8mTHB 104.1m
Total liabilitiesTHB 22.54bnTHB 21.31bnTHB 18.79bnTHB 17.27bnTHB 13.18bnTHB 15.63bnTHB 11.04bnTHB 9.81bnTHB 9.88bnTHB 2.64bn
DebtTHB 20.01bnTHB 18.58bnTHB 17.11bnTHB 15.34bnTHB 11.72bnTHB 14.10bnTHB 10.18bnTHB 9.02bnTHB 9.11bnTHB 1.76bn
Shareholders' equityTHB 49.44bnTHB 48.90bnTHB 46.47bnTHB 44.45bnTHB 42.25bnTHB 39.09bnTHB 30.53bnTHB 28.99bnTHB 25.03bnTHB 22.38bn
Shares outstanding858m858m858m858m858m858m858m799m801m741m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−THB 538.0m−THB 590.5m−THB 357.7mTHB 487.0m−THB 163.6mTHB 56.6mTHB 131.3mTHB 171.7mTHB 166.8mTHB 971.6m
Capital spending−THB 581.0m−THB 523.5m−THB 247.5m−THB 149.0m−THB 67.0m−THB 47.5m−THB 176.3m−THB 140.0m−THB 169.7m−THB 106.6m
Free cash flow−THB 1.12bn−THB 1.11bn−THB 605.1mTHB 338.1m−THB 230.7mTHB 9.1m−THB 45.0mTHB 31.7m−THB 2.9mTHB 865.1m
Dividends paid−THB 295.0m−THB 457.5m−THB 457.5m−THB 457.5m−THB 400.3m−THB 400.3m−THB 400.3m−THB 386.0m−THB 222.3m−THB 163.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 924.9mTHB 918.6mTHB 808.4mTHB 839.6mTHB 912.9mTHB 1.40bnTHB 832.2mTHB 783.8m
Gross profitTHB 195.0mTHB 276.6mTHB 106.5mTHB 64.2mTHB 147.5mTHB 681.3mTHB 179.8mTHB 138.7m
Operating income—THB 63.4mTHB 338.0mTHB 154.2mTHB 494.0mTHB 636.7mTHB 327.6mTHB 237.4m
Net incomeTHB 563.3mTHB 554.6mTHB 216.6mTHB 342.2mTHB 386.8mTHB 1.34bnTHB 724.3mTHB 501.1m
Diluted earnings per share0.660.650.250.400.451.561.270.88
Cash from operationsTHB 10.0m−THB 140.0mTHB 1.33bnTHB 36.0m−THB 118.0m−THB 190.0m−THB 186.0m−THB 171.0m
Capital spending−THB 195.0m−THB 235.0m−THB 214.0m−THB 53.0m−THB 177.0m−THB 129.0m−THB 276.0m−THB 118.0m
Free cash flow−THB 185.0m−THB 375.0mTHB 1.12bn−THB 17.0m−THB 295.0m−THB 319.0m−THB 462.0m−THB 289.0m
Total assetsTHB 74.72bnTHB 74.22bnTHB 71.99bnTHB 72.02bnTHB 70.69bnTHB 71.04bnTHB 70.06bnTHB 67.92bn
Cash and short-term investments—THB 2.98bnTHB 1.92bnTHB 2.18bnTHB 1.88bnTHB 2.01bnTHB 1.47bnTHB 1.09bn
DebtTHB 11.75bnTHB 21.31bnTHB 19.91bnTHB 18.98bnTHB 18.70bnTHB 18.98bnTHB 18.54bnTHB 17.34bn
Shareholders' equityTHB 50.58bnTHB 50.10bnTHB 49.44bnTHB 50.36bnTHB 49.55bnTHB 49.60bnTHB 48.85bnTHB 48.69bn

Financial ratios

Data as of 20 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin8.8%30.1%38.3%23.1%16.8%17.8%
Operating margin-27.1%20.4%90.6%39.0%50.1%84.9%
Net margin71.7%88.3%70.7%77.5%129.3%85.3%
Return on equity4.6%6.8%6.7%7.6%8.5%5.9%
Return on assets3.2%4.7%4.7%5.4%6.5%4.2%
Free cash flow yield5.6%-0.3%-0.6%3.3%-0.5%0.6%
Revenue growth-15.3%-14.1%1.0%56.4%2.5%7.2%
Earnings growth-31.2%7.3%-7.9%-6.2%55.5%1.5%
Current ratio0.36x0.24x0.31x1.21x0.50x1.26x
Debt to equity0.40x0.38x0.37x0.34x0.28x0.36x
Equity ratio68.7%69.7%71.2%72.0%76.2%71.4%
Interest coverage-1.59x1.44x8.62x4.90x4.57x8.59x
Buybacks as a share of market value-50.0%-0.0%0.0%-0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.3%6.7%-0.4%
Operating income-29.2%-25.6%-22.9%
Net income-12.1%-0.2%5.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin31.0%27.1%26.4%25.8%
Operating margin7.1%7.6%8.5%9.6%
Net margin73.8%79.2%85.3%78.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.910.913.212.111.317.617.615.211.49.7
Price to sales8.69.911.69.913.714.215.715.014.73.9

Dividends and splits

Per share, in the currency the company pays

Paid for 27 years. Last went ex-dividend on 6 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.200.2670.3560.3560.3560.3110.3110.311
  • 3-for-2 split · 8 May 2025
  • 10-for-1 split · 8 May 2003
  • 1.055-for-1 split · 21 Apr 1989

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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