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T

Thonburi Healthcare Group PCL THG.BK · THB

Health Care · SET · 🇹🇭 Thailand

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6.75

-1.46%

Close of 9 Nov 2026, in THB

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At a glance

Figures in THB, from our data supplier.

FY2025

Revenue

THB 9.10bn

FY2016FY2025

Net income

THB 96.2m

FY2016FY2025

Free cash flow

THB 416.7m

FY2016FY2025

Shareholders' equity

THB 13.44bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 9.10bnTHB 9.48bnTHB 9.84bnTHB 11.54bnTHB 10.85bnTHB 7.31bnTHB 8.23bnTHB 7.09bnTHB 6.61bnTHB 6.23bn
Gross profitTHB 2.06bnTHB 2.11bnTHB 2.40bnTHB 3.49bnTHB 3.44bnTHB 1.57bnTHB 1.87bnTHB 1.91bnTHB 1.83bnTHB 1.71bn
Operating incomeTHB 681.3m−THB 266.1mTHB 591.7mTHB 2.12bnTHB 1.97bnTHB 321.3mTHB 632.5mTHB 530.1mTHB 825.0mTHB 704.5m
Net incomeTHB 96.2m−THB 1.76bnTHB 295.4mTHB 1.60bnTHB 1.34bnTHB 22.8mTHB 462.4mTHB 347.6mTHB 553.8mTHB 511.1m
Diluted earnings per share0.05-2.080.351.891.580.030.540.410.650.67

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 20.45bnTHB 20.89bnTHB 23.55bnTHB 25.08bnTHB 23.80bnTHB 20.28bnTHB 20.28bnTHB 17.93bnTHB 14.01bnTHB 10.46bn
Cash and short-term investmentsTHB 1.09bnTHB 653.9mTHB 1.09bnTHB 2.80bnTHB 1.54bnTHB 535.0mTHB 738.8mTHB 885.6mTHB 724.8mTHB 700.6m
Total liabilitiesTHB 5.92bnTHB 12.63bnTHB 12.77bnTHB 13.90bnTHB 14.18bnTHB 11.95bnTHB 11.50bnTHB 9.20bnTHB 5.34bnTHB 5.30bn
DebtTHB 3.65bnTHB 10.06bnTHB 10.26bnTHB 11.38bnTHB 10.28bnTHB 10.00bnTHB 8.98bnTHB 6.20bnTHB 3.68bnTHB 4.06bn
Shareholders' equityTHB 13.44bnTHB 7.23bnTHB 9.71bnTHB 10.18bnTHB 9.15bnTHB 7.90bnTHB 8.30bnTHB 8.22bnTHB 8.40bnTHB 4.94bn
Shares outstanding1,789m847m847m847m847m844m849m849m849m764m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTHB 1.28bnTHB 935.7mTHB 1.54bnTHB 2.50bnTHB 2.03bnTHB 441.0m−THB 171.3m−THB 176.9mTHB 713.4mTHB 828.9m
Capital spending−THB 863.8m−THB 1.27bn−THB 1.39bn−THB 1.27bn−THB 728.6m−THB 1.59bn−THB 2.26bn−THB 1.32bn−THB 709.3m−THB 2.42bn
Free cash flowTHB 416.7m−THB 336.3mTHB 148.9mTHB 1.22bnTHB 1.30bn−THB 1.14bn−THB 2.43bn−THB 1.50bnTHB 4.1m−THB 1.60bn
Dividends paid−THB 917,454−THB 381.2m−THB 759.7m−THB 757.8m−THB 252.0m−THB 254.5m−THB 379.9m−THB 335.6m−THB 304.9m−THB 810.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 2.20bnTHB 2.15bnTHB 2.34bnTHB 2.32bnTHB 2.21bnTHB 2.23bnTHB 2.25bnTHB 2.53bn
Gross profitTHB 487.2mTHB 442.3mTHB 561.2mTHB 520.9mTHB 478.9mTHB 499.0mTHB 387.0mTHB 660.5m
Operating incomeTHB 41.7mTHB 111.2mTHB 131.5mTHB 85.8mTHB 150.5mTHB 78.6m−THB 239.1m−THB 156.3m
Net incomeTHB 54.0mTHB 26.9mTHB 84.0mTHB 5.1m−THB 5.9mTHB 13.1m−THB 1.46bn−THB 352.2m
Diluted earnings per share0.030.020.050.00-0.000.01-1.72-0.42
Cash from operationsTHB 496.0mTHB 207.0mTHB 348.0mTHB 359.0mTHB 126.0mTHB 351.0mTHB 268.0mTHB 411.0m
Capital spending−THB 129.0m−THB 71.0m−THB 159.0m−THB 207.0m−THB 265.0m−THB 257.0m−THB 314.0m−THB 318.0m
Free cash flowTHB 367.0mTHB 136.0mTHB 189.0mTHB 152.0m−THB 139.0mTHB 94.0m−THB 46.0mTHB 93.0m
Total assetsTHB 20.04bnTHB 20.51bnTHB 20.45bnTHB 20.70bnTHB 20.36bnTHB 20.78bnTHB 20.89bnTHB 23.19bn
Cash and short-term investmentsTHB 1.14bnTHB 1.19bnTHB 1.09bnTHB 1.17bnTHB 647.6mTHB 674.3mTHB 653.9mTHB 1.14bn
DebtTHB 1.13bnTHB 3.62bnTHB 3.70bnTHB 3.89bnTHB 9.79bnTHB 9.74bnTHB 9.79bnTHB 10.57bn
Shareholders' equityTHB 13.33bnTHB 13.49bnTHB 13.44bnTHB 13.41bnTHB 7.12bnTHB 7.25bnTHB 7.23bnTHB 8.96bn

Financial ratios

Data as of 29 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin22.6%22.2%24.4%30.2%31.7%21.4%
Operating margin7.5%-2.8%6.0%18.4%18.2%4.4%
Net margin1.1%-18.6%3.0%13.9%12.3%0.3%
Return on equity0.7%-24.4%3.0%15.7%14.6%0.3%
Return on assets0.5%-8.4%1.3%6.4%5.6%0.1%
Free cash flow yield17.2%37.5%49.8%63.9%46.9%34.5%
Revenue growth-4.0%-3.7%-14.7%6.4%48.3%-11.1%
Earnings growth-105.5%-697.3%-81.6%19.8%5762.1%-95.1%
Current ratio1.33x0.37x0.50x0.88x0.80x0.97x
Debt to equity0.27x1.35x1.03x1.09x1.10x1.24x
Equity ratio65.7%34.6%41.2%40.6%38.4%38.9%
Interest coverage1.81x-0.54x1.32x7.03x6.66x1.15x
Buybacks as a share of market value-111.1%0.0%0.0%-0.0%-0.4%0.6%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-7.6%4.5%4.6%
Operating income-31.6%16.2%-1.1%
Net income-60.8%33.4%-16.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin22.4%25.2%25.9%26.0%
Operating margin2.2%7.8%9.3%9.6%
Net margin-9.0%0.6%2.7%4.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings159.0-7.6155.636.223.6—49.180.646.0
Price to sales1.71.44.75.02.93.02.84.03.9

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 12 Mar 2026.

FY2026FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.140.450.900.900.300.300.450.40

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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