0.39
-2.50%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 2.43bn
FY2016FY2025
Net income
−THB 443.7m
FY2016FY2025
Free cash flow
THB 245.5m
FY2016FY2025
Shareholders' equity
THB 404.9m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 2.43bn | THB 4.20bn | THB 3.92bn | THB 3.82bn | THB 2.73bn | THB 3.08bn | THB 3.08bn | THB 2.28bn | THB 1.93bn | THB 1.59bn |
| Gross profit | −THB 587.8m | THB 472.0m | THB 454.8m | THB 427.6m | THB 355.4m | THB 273.9m | THB 298.1m | THB 248.4m | THB 190.5m | THB 115.3m |
| Operating income | −THB 414.5m | THB 258.5m | THB 210.0m | THB 347.4m | THB 216.8m | THB 120.4m | THB 119.1m | THB 76.2m | THB 40.7m | THB 58.8m |
| Net income | −THB 443.7m | −THB 225.5m | THB 15.2m | THB 259.2m | THB 151.2m | THB 73.7m | THB 73.8m | THB 32.1m | THB 25.4m | THB 16.5m |
| Diluted earnings per share | -0.55 | -0.28 | 0.02 | 0.32 | 0.19 | 0.09 | 0.09 | 0.04 | 0.03 | 0.02 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 2.25bn | THB 3.57bn | THB 3.10bn | THB 3.18bn | THB 2.72bn | THB 2.44bn | THB 2.32bn | THB 1.91bn | THB 1.54bn | THB 1.36bn |
| Cash and short-term investments | THB 122.2m | THB 49.4m | THB 196.9m | THB 180.3m | THB 525.8m | THB 472.6m | THB 89.4m | THB 272.6m | THB 387.8m | THB 356.5m |
| Total liabilities | THB 1.46bn | THB 2.32bn | THB 1.45bn | THB 1.59bn | THB 1.37bn | THB 1.21bn | THB 1.12bn | THB 1.02bn | THB 659.1m | THB 501.3m |
| Debt | THB 530.7m | THB 846.3m | THB 296.1m | THB 406.8m | THB 596.7m | THB 712.7m | THB 417.3m | THB 247.4m | THB 233.2m | THB 296.1m |
| Shareholders' equity | THB 404.9m | THB 802.8m | THB 1.03bn | THB 1.04bn | THB 926.5m | THB 892.9m | THB 882.5m | THB 808.2m | THB 804.4m | THB 804.2m |
| Shares outstanding | 800m | 800m | 800m | 800m | 797m | 800m | 800m | 801m | 800m | 800m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 267.2m | −THB 391.0m | THB 290.3m | THB 315.2m | THB 320.2m | THB 199.9m | −THB 299.0m | THB 32.7m | THB 207.0m | THB 15.2m |
| Capital spending | −THB 21.7m | −THB 102.9m | −THB 43.9m | −THB 65.7m | −THB 36.0m | −THB 69.3m | −THB 208.1m | −THB 93.1m | −THB 161.9m | −THB 312.4m |
| Free cash flow | THB 245.5m | −THB 493.9m | THB 246.3m | THB 249.5m | THB 284.2m | THB 130.6m | −THB 507.1m | −THB 60.4m | THB 45.1m | −THB 297.2m |
| Dividends paid | — | — | −THB 24.0m | −THB 20.0m | −THB 30.0m | −THB 21.9m | −THB 49.4m | −THB 45.0m | −THB 36.0m | −THB 26.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 932.9m | THB 1.11bn | THB 652.5m | −THB 228.6m | THB 1.06bn | THB 939.0m | THB 1.08bn | THB 952.1m |
| Gross profit | THB 79.6m | THB 78.3m | THB 96.3m | −THB 890.6m | THB 114.6m | THB 91.8m | THB 186.3m | THB 65.5m |
| Operating income | THB 55.4m | THB 29.4m | −THB 4.4m | −THB 383.7m | THB 20.2m | THB 24.1m | THB 128.6m | −THB 8.8m |
| Net income | THB 21.9m | −THB 5.4m | −THB 174.2m | −THB 219.4m | −THB 22.4m | −THB 27.7m | −THB 162.1m | −THB 83.4m |
| Diluted earnings per share | 0.03 | -0.01 | -0.22 | -0.27 | -0.03 | -0.03 | -0.20 | -0.10 |
| Cash from operations | THB 418.0m | THB 879.0m | −THB 349.0m | THB 415.0m | THB 34.0m | THB 187.0m | THB 49.0m | −THB 42.0m |
| Capital spending | −THB 1.0m | −THB 3.0m | −THB 3.0m | — | −THB 1.0m | −THB 17.0m | −THB 30.0m | −THB 27.0m |
| Free cash flow | THB 417.0m | THB 876.0m | −THB 352.0m | — | THB 33.0m | THB 170.0m | THB 19.0m | −THB 69.0m |
| Total assets | THB 3.07bn | THB 3.41bn | THB 2.25bn | THB 2.97bn | THB 3.60bn | THB 3.77bn | THB 3.57bn | THB 3.90bn |
| Cash and short-term investments | THB 1.44bn | THB 981.7m | THB 122.2m | THB 609.0m | THB 88.6m | THB 86.8m | THB 49.4m | THB 99.1m |
| Debt | THB 511.2m | THB 493.3m | THB 544.7m | THB 597.0m | THB 597.4m | THB 632.7m | THB 785.8m | THB 812.6m |
| Shareholders' equity | THB 491.3m | THB 470.2m | THB 404.9m | THB 579.1m | THB 753.3m | THB 775.7m | THB 802.8m | THB 965.2m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.1% | -4.6% | 6.0% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -1.7% | 5.3% | 6.9% | 7.9% |
| Operating margin | -2.4% | 2.8% | 3.7% | 3.7% |
| Net margin | -10.1% | -2.7% | -0.8% | 0.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -0.7 | -1.9 | 83.9 | 9.8 | 7.8 | 5.0 | 4.7 | 18.7 | 27.8 | 66.9 |
| Price to sales | 0.1 | 0.1 | 0.3 | 0.7 | 0.4 | 0.1 | 0.1 | 0.3 | 0.4 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 17 Mar 2023.
| FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.03 | 0.025 | 0.038 | 0.027 | 0.038 | 0.035 | 0.031 | 0.033 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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