2.28
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 4.69bn
FY2016FY2025
Net income
THB 175.6m
FY2016FY2025
Free cash flow
THB 612.1m
FY2016FY2025
Shareholders' equity
THB 3.37bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 4.69bn | THB 4.98bn | THB 5.40bn | THB 5.53bn | THB 4.69bn | THB 3.46bn | THB 4.37bn | THB 4.92bn | THB 4.77bn | THB 4.56bn |
| Gross profit | THB 553.0m | THB 600.5m | THB 688.4m | THB 645.4m | THB 628.2m | THB 379.6m | THB 490.9m | THB 557.7m | THB 590.6m | THB 687.6m |
| Operating income | THB 209.5m | THB 269.2m | THB 350.4m | THB 287.5m | THB 301.8m | THB 97.8m | THB 154.6m | THB 214.4m | THB 250.8m | THB 364.8m |
| Net income | THB 175.6m | THB 204.2m | THB 266.4m | THB 218.5m | THB 235.1m | THB 75.4m | THB 118.7m | THB 167.7m | THB 200.4m | THB 277.8m |
| Diluted earnings per share | 0.27 | 0.32 | 0.42 | 0.34 | 0.37 | 0.12 | 0.19 | 0.26 | 0.31 | 0.43 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 3.85bn | THB 3.89bn | THB 3.89bn | THB 4.39bn | THB 4.24bn | THB 3.30bn | THB 3.59bn | THB 3.93bn | THB 3.84bn | THB 3.63bn |
| Cash and short-term investments | THB 605.8m | THB 209.4m | THB 149.7m | THB 150.4m | THB 115.2m | THB 396.6m | THB 133.1m | THB 98.8m | THB 107.7m | THB 65.7m |
| Total liabilities | THB 480.3m | THB 600.9m | THB 657.2m | THB 1.31bn | THB 1.22bn | THB 454.0m | THB 717.9m | THB 1.07bn | THB 1.04bn | THB 888.4m |
| Debt | THB 11.0m | THB 123.6m | THB 191.4m | THB 787.2m | THB 750.7m | THB 21.6m | THB 244.2m | THB 504.9m | THB 468.0m | THB 349.7m |
| Shareholders' equity | THB 3.37bn | THB 3.29bn | THB 3.23bn | THB 3.08bn | THB 3.01bn | THB 2.84bn | THB 2.87bn | THB 2.86bn | THB 2.80bn | THB 2.74bn |
| Shares outstanding | 640m | 640m | 640m | 640m | 640m | 640m | 640m | 640m | 640m | 640m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 648.9m | THB 293.2m | THB 750.0m | THB 185.8m | −THB 909.4m | THB 620.9m | THB 442.8m | THB 140.5m | THB 136.4m | THB 452.8m |
| Capital spending | −THB 36.9m | −THB 26.6m | −THB 40.0m | −THB 41.5m | −THB 32.4m | −THB 29.7m | −THB 45.4m | −THB 82.8m | −THB 73.4m | −THB 46.9m |
| Free cash flow | THB 612.1m | THB 266.6m | THB 710.1m | THB 144.3m | −THB 941.7m | THB 591.2m | THB 397.4m | THB 57.7m | THB 63.0m | THB 405.9m |
| Dividends paid | −THB 105.6m | −THB 142.1m | −THB 118.4m | −THB 147.2m | −THB 67.8m | −THB 105.6m | −THB 105.6m | −THB 105.6m | −THB 140.8m | −THB 102.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 1.07bn | THB 1.07bn | THB 1.08bn | THB 1.17bn | THB 1.15bn | THB 1.29bn | THB 1.23bn | THB 1.31bn |
| Gross profit | THB 168.8m | THB 154.6m | THB 130.4m | THB 148.9m | THB 128.2m | THB 152.3m | THB 177.1m | THB 171.5m |
| Operating income | THB 76.2m | THB 67.5m | THB 38.2m | THB 66.2m | THB 41.9m | THB 69.5m | THB 93.2m | THB 91.4m |
| Net income | THB 66.0m | THB 59.7m | THB 32.0m | THB 52.7m | THB 32.8m | THB 58.2m | THB 72.5m | THB 69.8m |
| Diluted earnings per share | 0.10 | 0.09 | 0.05 | 0.08 | 0.05 | 0.09 | 0.11 | 0.11 |
| Cash from operations | THB 41.0m | THB 70.0m | THB 219.0m | THB 166.0m | THB 170.0m | THB 91.0m | THB 234.0m | THB 73.0m |
| Capital spending | −THB 4.0m | −THB 4.0m | −THB 12.0m | −THB 6.0m | −THB 6.0m | −THB 11.0m | −THB 4.0m | −THB 4.0m |
| Free cash flow | THB 37.0m | THB 66.0m | THB 207.0m | THB 160.0m | THB 164.0m | THB 80.0m | THB 230.0m | THB 69.0m |
| Total assets | THB 3.83bn | THB 3.86bn | THB 3.85bn | THB 3.80bn | THB 3.72bn | THB 3.87bn | THB 3.89bn | THB 4.03bn |
| Cash and short-term investments | THB 609.0m | THB 676.5m | THB 605.8m | THB 399.7m | THB 235.4m | THB 244.6m | THB 209.4m | THB 153.1m |
| Debt | THB 14.0m | THB 14.1m | THB 11.0m | THB 12.1m | THB 7.6m | THB 77.8m | THB 123.6m | THB 297.9m |
| Shareholders' equity | THB 3.39bn | THB 3.42bn | THB 3.37bn | THB 3.33bn | THB 3.28bn | THB 3.35bn | THB 3.29bn | THB 3.22bn |
Financial ratios
Data as of 3 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 11.8% | 12.1% | 12.8% | 11.7% | 13.4% | 11.0% |
| Operating margin | 4.5% | 5.4% | 6.5% | 5.2% | 6.4% | 2.9% |
| Net margin | 3.7% | 4.1% | 4.9% | 4.0% | 5.0% | 2.2% |
| Return on equity | 5.2% | 6.2% | 8.2% | 7.1% | 7.8% | 2.7% |
| Return on assets | 4.6% | 5.2% | 6.8% | 5.0% | 5.5% | 2.3% |
| Free cash flow yield | 46.6% | 21.7% | 53.7% | 15.4% | -59.6% | 44.2% |
| Revenue growth | -5.8% | -7.7% | -2.4% | 18.0% | 35.5% | -20.9% |
| Earnings growth | -14.0% | -23.3% | 21.9% | -7.1% | 211.6% | -36.5% |
| Current ratio | 7.29x | 5.65x | 5.04x | 2.72x | 2.76x | 6.00x |
| Debt to equity | 0.00x | 0.04x | 0.06x | 0.26x | 0.25x | 0.01x |
| Equity ratio | 87.5% | 84.6% | 83.1% | 70.2% | 71.1% | 86.1% |
| Interest coverage | 27.18x | 17.55x | 18.13x | 18.22x | 34.69x | 15.97x |
| 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 | -5.3% | 6.3% | -0.2% |
| Operating income | -10.0% | 16.5% | -1.5% |
| Net income | -7.0% | 18.4% | -1.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 11.9% | 12.1% | 12.2% | 12.3% |
| Operating margin | 5.0% | 5.4% | 5.3% | 5.3% |
| Net margin | 3.9% | 4.2% | 4.1% | 4.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 7.6 | 6.3 | 7.1 | 9.0 | 7.8 | 19.9 | 11.1 | 10.4 | 12.2 | 9.1 |
| Price to sales | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.5 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 9 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.165 | 0.222 | 0.185 | 0.23 | 0.106 | 0.165 | 0.165 | 0.165 |
- 10-for-1 split · 29 May 2017
- 4-for-3 split · 12 Mar 2009
- 3-for-2 split · 4 Apr 2006
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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