9.10
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 47.39bn
FY2016FY2025
Net income
THB 769.8m
FY2016FY2025
Free cash flow
THB 242.7m
FY2016FY2025
Shareholders' equity
THB 4.82bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 47.39bn | THB 41.90bn | THB 36.53bn | THB 39.06bn | THB 37.09bn | THB 32.15bn | THB 34.80bn | THB 38.20bn | THB 32.43bn | THB 23.82bn |
| Gross profit | THB 1.73bn | THB 1.69bn | THB 1.47bn | THB 1.80bn | THB 1.78bn | THB 1.41bn | THB 1.33bn | THB 1.62bn | THB 1.44bn | THB 1.11bn |
| Operating income | THB 896.0m | THB 861.5m | THB 563.8m | THB 973.4m | THB 937.5m | THB 590.8m | THB 570.6m | THB 803.7m | THB 739.9m | THB 484.7m |
| Net income | THB 769.8m | THB 627.7m | THB 513.3m | THB 816.1m | THB 860.2m | THB 642.0m | THB 523.9m | THB 721.5m | THB 623.8m | THB 406.9m |
| Diluted earnings per share | 0.91 | 0.74 | 0.61 | 0.96 | 1.01 | 0.76 | 0.62 | 0.94 | 0.73 | 0.48 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 16.50bn | THB 14.64bn | THB 13.82bn | THB 13.25bn | THB 11.29bn | THB 8.88bn | THB 11.34bn | THB 11.70bn | THB 9.01bn | THB 7.58bn |
| Cash and short-term investments | THB 90.0m | THB 77.9m | THB 137.3m | THB 304.2m | THB 233.6m | THB 164.1m | THB 166.1m | THB 256.9m | THB 204.6m | THB 206.3m |
| Total liabilities | THB 11.68bn | THB 10.19bn | THB 9.74bn | THB 9.14bn | THB 7.35bn | THB 5.41bn | THB 8.13bn | THB 8.62bn | THB 6.24bn | THB 5.09bn |
| Debt | THB 7.43bn | THB 7.37bn | THB 6.29bn | THB 5.57bn | THB 2.89bn | THB 1.97bn | THB 5.27bn | THB 4.66bn | THB 3.86bn | THB 2.52bn |
| Shareholders' equity | THB 4.82bn | THB 4.45bn | THB 4.07bn | THB 4.10bn | THB 3.92bn | THB 3.47bn | THB 3.21bn | THB 3.08bn | THB 2.77bn | THB 2.48bn |
| Shares outstanding | 847m | 847m | 847m | 847m | 855m | 842m | 847m | 767m | 855m | 847m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 310.9m | −THB 589.7m | −THB 46.1m | −THB 1.15bn | −THB 443.1m | THB 3.50bn | THB 100.9m | −THB 71.0m | −THB 635.8m | −THB 600.3m |
| Capital spending | −THB 68.2m | −THB 13.2m | −THB 30.1m | −THB 100.6m | −THB 30.8m | −THB 20.4m | −THB 26.4m | −THB 18.0m | −THB 35.8m | −THB 138.8m |
| Free cash flow | THB 242.7m | −THB 602.9m | −THB 76.3m | −THB 1.25bn | −THB 473.9m | THB 3.48bn | THB 74.6m | −THB 89.0m | −THB 671.7m | −THB 739.1m |
| Dividends paid | −THB 372.8m | −THB 305.0m | −THB 525.4m | −THB 593.1m | −THB 491.5m | −THB 389.8m | −THB 389.0m | −THB 423.7m | −THB 338.9m | −THB 246.5m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 11.81bn | THB 11.31bn | THB 12.46bn | THB 12.12bn | THB 11.65bn | THB 11.16bn | THB 11.57bn | THB 10.76bn |
| Gross profit | THB 468.2m | THB 437.4m | THB 430.0m | THB 468.1m | THB 445.9m | THB 424.7m | THB 466.4m | THB 424.4m |
| Operating income | THB 187.8m | THB 206.8m | THB 185.1m | THB 242.9m | THB 215.8m | THB 217.6m | THB 179.8m | THB 244.7m |
| Net income | THB 222.7m | THB 221.4m | THB 193.3m | THB 198.1m | THB 190.2m | THB 188.2m | THB 146.9m | THB 168.9m |
| Diluted earnings per share | 0.26 | 0.26 | 0.23 | 0.23 | 0.22 | 0.22 | 0.17 | 0.20 |
| Cash from operations | THB 142.0m | THB 710.0m | −THB 547.0m | THB 760.0m | −THB 831.0m | THB 985.0m | −THB 1.13bn | THB 889.0m |
| Capital spending | −THB 6.0m | −THB 22.0m | −THB 29.0m | −THB 22.0m | −THB 12.0m | −THB 3.0m | −THB 2.0m | −THB 5.0m |
| Free cash flow | THB 136.0m | THB 688.0m | −THB 576.0m | THB 738.0m | −THB 843.0m | THB 982.0m | −THB 1.14bn | THB 884.0m |
| Total assets | THB 17.97bn | THB 16.12bn | THB 16.50bn | THB 16.43bn | THB 16.79bn | THB 15.88bn | THB 14.64bn | THB 15.32bn |
| Cash and short-term investments | THB 237.4m | THB 91.4m | THB 90.0m | THB 135.9m | THB 144.6m | THB 155.8m | THB 77.9m | THB 198.1m |
| Debt | THB 7.04bn | THB 6.77bn | THB 7.43bn | THB 6.88bn | THB 7.63bn | THB 6.46bn | THB 7.37bn | THB 6.37bn |
| Shareholders' equity | THB 4.95bn | THB 5.04bn | THB 4.82bn | THB 4.63bn | THB 4.49bn | THB 4.61bn | THB 4.45bn | THB 4.29bn |
Financial ratios
Data as of 8 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 3.7% | 4.0% | 4.0% | 4.6% | 4.8% | 4.4% |
| Operating margin | 2.3% | 2.1% | 1.5% | 2.5% | 2.9% | 2.3% |
| Net margin | 1.6% | 1.5% | 1.4% | 2.1% | 2.3% | 2.0% |
| Return on equity | 16.0% | 14.1% | 12.6% | 19.9% | 21.9% | 18.5% |
| Return on assets | 4.7% | 4.3% | 3.7% | 6.2% | 7.6% | 7.2% |
| Free cash flow yield | 4.7% | -7.1% | -0.2% | -13.0% | -5.0% | 43.9% |
| Revenue growth | 13.1% | 14.7% | -6.5% | 5.3% | 15.4% | -7.6% |
| Earnings growth | 22.6% | 22.3% | -37.1% | -5.1% | 34.0% | 22.5% |
| Current ratio | 1.22x | 1.24x | 1.26x | 1.34x | 1.38x | 1.45x |
| Debt to equity | 1.54x | 1.66x | 1.54x | 1.36x | 0.73x | 0.56x |
| Equity ratio | 29.2% | 30.4% | 29.5% | 30.9% | 34.8% | 39.1% |
| Interest coverage | 7.06x | 4.76x | 3.89x | 19.21x | 74.50x | 22.35x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.9% | -1.6% | 0.7% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 6.7% | 8.1% | 8.2% |
| Operating income | -2.7% | 8.7% | 7.3% |
| Net income | -1.9% | 3.7% | 7.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 3.8% | 4.1% | 4.2% | 4.3% |
| Operating margin | 2.0% | 2.0% | 2.1% | 2.0% |
| Net margin | 1.6% | 1.7% | 1.8% | 1.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.9 | 20.8 | 17.2 | 17.0 | 36.3 | 19.7 | 12.1 | 11.0 | 19.3 | 13.5 |
| Price to sales | 0.2 | 0.3 | 0.2 | 0.4 | 0.8 | 0.4 | 0.2 | 0.2 | 0.4 | 0.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 17 years. Last went ex-dividend on 30 Apr 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.38 | 0.44 | 0.36 | 0.62 | 0.70 | 0.58 | 0.46 | 0.459 |
- 11-for-10 split · 8 Mar 2019
- 11-for-10 split · 2 Apr 2013
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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