3.12
+0.65%
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.
Revenue
THB 19.98bn
FY2018FY2025
Net income
THB 533.4m
FY2018FY2025
Free cash flow
THB 1.81bn
FY2018FY2025
Shareholders' equity
THB 3.93bn
FY2018FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 19.98bn | THB 16.84bn | THB 12.14bn | THB 15.40bn | THB 11.09bn | THB 8.20bn | THB 8.09bn | THB 8.56bn |
| Gross profit | THB 1.58bn | THB 1.79bn | THB 1.10bn | THB 1.58bn | THB 1.18bn | THB 609.3m | THB 598.0m | THB 830.8m |
| Operating income | THB 561.6m | THB 734.2m | THB 359.2m | THB 744.8m | THB 650.8m | THB 145.2m | THB 136.3m | THB 395.9m |
| Net income | THB 533.4m | THB 556.3m | THB 214.9m | THB 684.0m | THB 562.5m | THB 37.6m | THB 52.7m | THB 305.7m |
| Diluted earnings per share | 0.49 | 0.52 | 0.20 | 0.63 | 0.52 | 0.03 | 0.05 | 0.28 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Total assets | THB 8.10bn | THB 9.61bn | THB 7.41bn | THB 6.94bn | THB 6.48bn | THB 5.29bn | THB 5.31bn | THB 5.21bn |
| Cash and short-term investments | THB 101.7m | THB 113.0m | THB 70.5m | THB 228.5m | THB 40.4m | THB 150.2m | THB 52.2m | THB 57.8m |
| Total liabilities | THB 4.16bn | THB 5.98bn | THB 4.23bn | THB 3.69bn | THB 4.40bn | THB 3.85bn | THB 3.86bn | THB 3.83bn |
| Debt | THB 3.66bn | THB 5.18bn | THB 3.56bn | THB 3.29bn | THB 3.99bn | THB 3.58bn | THB 3.66bn | THB 3.57bn |
| Shareholders' equity | THB 3.93bn | THB 3.63bn | THB 3.18bn | THB 3.24bn | THB 2.08bn | THB 1.44bn | THB 1.40bn | THB 1.33bn |
| Shares outstanding | 1,080m | 1,080m | 1,080m | 1,080m | 1,080m | 1,078m | 1,078m | 1,078m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 2.14bn | −THB 1.01bn | THB 480.4m | THB 1.02bn | −THB 35.6m | THB 414.2m | −THB 51.8m | THB 670.8m |
| Capital spending | −THB 326.9m | −THB 449.5m | −THB 598.2m | −THB 362.5m | −THB 249.3m | −THB 146.0m | −THB 137.4m | −THB 98.9m |
| Free cash flow | THB 1.81bn | −THB 1.46bn | −THB 117.8m | THB 654.3m | −THB 284.9m | THB 268.2m | −THB 189.2m | THB 571.9m |
| Dividends paid | −THB 226.8m | −THB 108.0m | −THB 280.8m | −THB 810.0m | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 4.41bn | THB 4.41bn | THB 4.15bn | THB 4.76bn | THB 5.40bn | THB 5.67bn | THB 5.29bn | THB 4.71bn |
| Gross profit | THB 379.1m | THB 330.6m | THB 311.0m | THB 282.7m | THB 474.8m | THB 526.1m | THB 652.8m | THB 513.6m |
| Operating income | — | THB 122.7m | THB 93.9m | THB 74.5m | THB 271.4m | THB 255.5m | THB 229.2m | THB 264.3m |
| Net income | THB 165.1m | THB 80.9m | THB 95.4m | THB 50.6m | THB 211.5m | THB 175.9m | THB 172.8m | THB 219.3m |
| Diluted earnings per share | 0.15 | 0.08 | 0.09 | 0.05 | 0.20 | 0.16 | 0.16 | 0.20 |
| Cash from operations | THB 4.0m | THB 397.0m | −THB 321.0m | THB 403.0m | THB 1.28bn | THB 732.0m | −THB 448.0m | THB 615.0m |
| Capital spending | −THB 85.0m | −THB 99.0m | −THB 64.0m | −THB 83.0m | −THB 71.0m | −THB 109.0m | −THB 124.0m | −THB 134.0m |
| Free cash flow | −THB 81.0m | THB 298.0m | −THB 385.0m | THB 320.0m | THB 1.21bn | THB 623.0m | −THB 572.0m | THB 481.0m |
| Total assets | THB 8.46bn | THB 8.09bn | THB 8.10bn | THB 7.98bn | THB 8.30bn | THB 9.66bn | THB 9.61bn | THB 9.13bn |
| Cash and short-term investments | — | THB 165.4m | THB 101.7m | THB 363.8m | THB 220.6m | THB 120.0m | THB 113.0m | THB 125.9m |
| Debt | THB 336.3m | THB 3.03bn | THB 3.27bn | THB 3.12bn | THB 3.30bn | THB 4.21bn | THB 4.79bn | THB 4.23bn |
| Shareholders' equity | THB 3.92bn | THB 3.94bn | THB 3.93bn | THB 3.83bn | THB 3.80bn | THB 3.81bn | THB 3.63bn | THB 3.55bn |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 7.9% | 10.6% | 9.0% | 10.3% | 10.7% | 7.4% |
| Operating margin | 3.7% | 4.7% | 3.0% | 4.9% | 5.9% | 2.6% |
| Net margin | 2.7% | 3.3% | 1.8% | 4.4% | 5.1% | 0.5% |
| Return on equity | 13.6% | 15.3% | 6.8% | 21.1% | 27.0% | 2.6% |
| Return on assets | 6.6% | 5.8% | 2.9% | 9.9% | 8.7% | 0.7% |
| Free cash flow yield | 69.5% | -15.7% | 30.4% | 38.9% | 6.0% | — |
| Revenue growth | 18.6% | 38.7% | -21.2% | 38.9% | 35.3% | 1.3% |
| Earnings growth | -4.1% | 158.9% | -68.6% | 21.6% | 1396.6% | -28.6% |
| Current ratio | 1.43x | 1.17x | 1.18x | 1.33x | 1.01x | 0.83x |
| Debt to equity | 0.82x | 1.32x | 0.99x | 0.89x | 1.76x | 2.41x |
| Equity ratio | 48.5% | 37.8% | 42.9% | 46.8% | 32.1% | 27.2% |
| Interest coverage | 4.01x | 3.77x | 3.04x | 6.08x | 6.71x | 2.09x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.1% | 19.5% | — |
| Operating income | -9.0% | 31.1% | — |
| Net income | -8.0% | 70.0% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 9.2% | 9.4% | 9.4% | — |
| Operating margin | 3.5% | 3.7% | 3.8% | — |
| Net margin | 3.0% | 3.1% | 3.1% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Price to earnings | 6.1 | 7.0 | 14.1 | 7.5 |
| Price to sales | 0.2 | 0.2 | 0.3 | 0.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 19 Mar 2025.
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Paid in the year | 0.21 | 0.10 | 0.26 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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