16.70
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 26.96bn
FY2016FY2025
Net income
THB 1.14bn
FY2016FY2025
Free cash flow
THB 2.47bn
FY2016FY2025
Shareholders' equity
THB 13.70bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 26.96bn | THB 27.96bn | THB 31.11bn | THB 33.40bn | THB 27.05bn | THB 26.16bn | THB 36.89bn | THB 27.63bn | THB 28.26bn | THB 24.04bn |
| Gross profit | THB 1.98bn | THB 3.04bn | THB 3.97bn | THB 5.04bn | THB 4.93bn | THB 4.75bn | THB 3.47bn | THB 3.14bn | THB 4.15bn | THB 4.09bn |
| Operating income | THB 932.1m | THB 1.76bn | THB 3.12bn | THB 3.17bn | THB 3.82bn | THB 4.41bn | THB 3.73bn | THB 984.0m | THB 3.29bn | THB 3.44bn |
| Net income | THB 1.14bn | THB 1.42bn | THB 2.31bn | THB 2.37bn | THB 2.22bn | THB 3.59bn | THB 3.12bn | THB 564.5m | THB 2.54bn | THB 3.11bn |
| Diluted earnings per share | 0.72 | 0.90 | 1.46 | 1.50 | 1.44 | 2.28 | 1.98 | 0.36 | 1.61 | 1.98 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 22.02bn | THB 23.79bn | THB 23.66bn | THB 26.26bn | THB 24.80bn | THB 21.33bn | THB 25.26bn | THB 24.25bn | THB 19.51bn | THB 19.50bn |
| Cash and short-term investments | THB 1.74bn | THB 1.85bn | THB 3.00bn | THB 2.60bn | THB 1.54bn | THB 1.89bn | THB 2.00bn | THB 1.10bn | THB 1.03bn | THB 1.33bn |
| Total liabilities | THB 8.15bn | THB 7.70bn | THB 6.76bn | THB 9.46bn | THB 8.86bn | THB 6.31bn | THB 11.68bn | THB 11.72bn | THB 6.58bn | THB 7.24bn |
| Debt | THB 3.46bn | THB 3.31bn | THB 2.73bn | THB 3.77bn | THB 3.85bn | THB 1.86bn | THB 4.09bn | THB 7.15bn | THB 2.57bn | THB 2.63bn |
| Shareholders' equity | THB 13.70bn | THB 15.88bn | THB 16.34bn | THB 16.23bn | THB 15.37bn | THB 14.84bn | THB 13.41bn | THB 12.38bn | THB 12.80bn | THB 12.15bn |
| Shares outstanding | 1,578m | 1,578m | 1,578m | 1,578m | 1,544m | 1,578m | 1,578m | 1,577m | 1,573m | 1,570m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 3.24bn | THB 870.3m | THB 4.16bn | THB 2.90bn | THB 744.3m | THB 5.55bn | THB 6.32bn | −THB 2.62bn | THB 2.35bn | THB 4.84bn |
| Capital spending | −THB 765.0m | −THB 584.9m | −THB 416.9m | −THB 419.0m | −THB 511.2m | −THB 707.1m | −THB 1.35bn | −THB 590.5m | −THB 1.30bn | −THB 1.24bn |
| Free cash flow | THB 2.47bn | THB 285.3m | THB 3.74bn | THB 2.48bn | THB 233.1m | THB 4.85bn | THB 4.98bn | −THB 3.21bn | THB 1.05bn | THB 3.59bn |
| Dividends paid | −THB 2.68bn | −THB 1.58bn | −THB 1.97bn | −THB 1.66bn | −THB 2.45bn | −THB 2.21bn | −THB 1.10bn | −THB 1.41bn | −THB 1.40bn | −THB 1.08bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 7.72bn | THB 7.43bn | THB 6.93bn | THB 6.46bn | THB 6.46bn | THB 7.11bn | THB 7.76bn | THB 9.04bn |
| Gross profit | THB 867.7m | THB 1.43bn | −THB 2.7m | THB 521.1m | THB 731.8m | THB 730.6m | THB 857.0m | THB 1.37bn |
| Operating income | THB 508.8m | THB 1.12bn | THB 161.2m | THB 249.9m | THB 499.7m | THB 508.4m | THB 754.5m | THB 1.03bn |
| Net income | THB 420.1m | THB 459.4m | THB 111.9m | THB 179.9m | THB 400.5m | THB 444.4m | THB 575.7m | THB 734.5m |
| Diluted earnings per share | 0.27 | 0.29 | 0.07 | 0.11 | 0.25 | 0.28 | 0.36 | 0.47 |
| Cash from operations | THB 1.18bn | THB 408.0m | THB 1.68bn | THB 1.40bn | THB 702.0m | −THB 536.0m | THB 8.0m | THB 1.86bn |
| Capital spending | −THB 93.0m | −THB 225.0m | −THB 231.0m | −THB 256.0m | −THB 73.0m | −THB 208.0m | −THB 105.0m | −THB 117.0m |
| Free cash flow | THB 1.09bn | THB 183.0m | THB 1.45bn | THB 1.14bn | THB 629.0m | −THB 744.0m | −THB 97.0m | THB 1.74bn |
| Total assets | THB 22.53bn | THB 23.74bn | THB 22.02bn | THB 23.50bn | THB 23.70bn | THB 24.77bn | THB 23.79bn | THB 23.93bn |
| Cash and short-term investments | THB 1.90bn | THB 1.85bn | THB 1.74bn | THB 1.92bn | THB 1.59bn | THB 1.71bn | THB 1.85bn | THB 2.30bn |
| Debt | THB 2.59bn | THB 3.30bn | THB 3.55bn | THB 3.73bn | THB 4.47bn | THB 3.71bn | THB 3.09bn | THB 3.10bn |
| Shareholders' equity | THB 14.52bn | THB 13.99bn | THB 13.70bn | THB 15.04bn | THB 14.96bn | THB 16.27bn | THB 15.88bn | THB 15.22bn |
Financial ratios
Data as of 25 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 7.3% | 10.9% | 12.8% | 15.1% | 18.2% | 18.2% |
| Operating margin | 3.5% | 6.3% | 10.0% | 9.5% | 14.1% | 16.9% |
| Net margin | 4.2% | 5.1% | 7.4% | 7.1% | 8.2% | 13.7% |
| Return on equity | 8.3% | 8.9% | 14.1% | 14.6% | 14.4% | 24.2% |
| Return on assets | 5.2% | 6.0% | 9.7% | 9.0% | 9.0% | 16.8% |
| Free cash flow yield | 15.1% | 5.5% | 17.3% | 12.5% | 4.8% | 23.6% |
| Revenue growth | -3.6% | -10.1% | -6.9% | 23.5% | 3.4% | -29.1% |
| Earnings growth | -19.8% | -38.5% | -2.6% | 6.6% | -38.2% | 15.0% |
| Current ratio | 1.82x | 2.14x | 2.42x | 1.94x | 1.81x | 1.88x |
| Debt to equity | 0.25x | 0.19x | 0.15x | 0.21x | 0.23x | 0.11x |
| Equity ratio | 62.2% | 66.7% | 69.0% | 61.8% | 62.0% | 69.5% |
| Interest coverage | 7.11x | 11.88x | 21.84x | 27.99x | 32.38x | 33.71x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | -2.2% | 2.2% | -0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -6.9% | 0.6% | -3.2% |
| Operating income | -33.5% | -26.7% | -16.3% |
| Net income | -21.7% | -20.6% | -13.9% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 9.1% | 11.8% | 13.7% | 13.8% |
| Operating margin | 4.9% | 7.5% | 10.0% | 10.5% |
| Net margin | 4.6% | 6.1% | 7.6% | 8.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 19.0 | 20.2 | 11.2 | 11.3 | 12.6 | 7.7 | 10.7 | 40.5 | 13.8 | 9.6 |
| Price to sales | 0.8 | 1.0 | 0.8 | 0.8 | 1.0 | 1.1 | 0.9 | 0.8 | 1.2 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 4 Mar 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.20 | 1.70 | 1.00 | 1.25 | 1.05 | 1.55 | 1.40 | 0.70 |
- 10-for-1 split · 22 Apr 2015
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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