1.00
-0.99%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 705.2m
FY2016FY2025
Net income
THB 27.5m
FY2016FY2025
Free cash flow
THB 429.5m
FY2016FY2025
Shareholders' equity
THB 413.7m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 705.2m | THB 725.2m | THB 696.0m | THB 642.9m | THB 674.1m | THB 630.9m | THB 686.0m | THB 643.8m | THB 628.5m | THB 555.8m |
| Gross profit | THB 250.3m | THB 232.9m | THB 230.5m | THB 228.5m | THB 255.8m | THB 247.1m | THB 269.8m | THB 270.7m | THB 255.8m | THB 229.7m |
| Operating income | THB 44.8m | −THB 6.0m | THB 11.9m | THB 18.4m | THB 50.4m | THB 52.7m | THB 82.1m | THB 64.2m | THB 46.9m | THB 40.0m |
| Net income | THB 27.5m | −THB 21.6m | −THB 4.5m | THB 13.0m | THB 30.5m | THB 41.1m | THB 60.9m | THB 48.3m | THB 35.4m | THB 26.9m |
| Diluted earnings per share | 0.09 | -0.07 | -0.01 | 0.04 | 0.10 | 0.13 | 0.20 | 0.16 | 0.12 | 0.09 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 869.9m | THB 908.2m | THB 983.3m | THB 929.8m | THB 841.2m | THB 736.4m | THB 780.0m | THB 728.1m | THB 709.7m | THB 701.0m |
| Cash and short-term investments | THB 47.4m | THB 44.2m | THB 72.4m | THB 100.1m | THB 156.1m | THB 171.2m | THB 200.0m | THB 78.8m | THB 45.2m | THB 118.3m |
| Total liabilities | THB 421.4m | THB 488.0m | THB 521.9m | THB 441.0m | THB 334.9m | THB 264.0m | THB 333.5m | THB 314.5m | THB 319.3m | THB 344.4m |
| Debt | THB 324.1m | THB 351.1m | THB 385.3m | THB 305.8m | THB 219.4m | THB 172.6m | THB 199.7m | THB 190.8m | THB 196.4m | THB 216.0m |
| Shareholders' equity | THB 413.7m | THB 379.9m | THB 411.7m | THB 431.6m | THB 447.2m | THB 447.5m | THB 446.5m | THB 413.7m | THB 390.4m | THB 356.6m |
| Shares outstanding | 308m | 308m | 308m | 308m | 309m | 308m | 307m | 310m | 306m | 308m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 435.2m | THB 53.3m | −THB 17.8m | THB 15.5m | THB 42.8m | THB 23.3m | THB 154.2m | THB 83.9m | −THB 25.0m | −THB 14.4m |
| Capital spending | −THB 5.6m | −THB 10.8m | −THB 54.2m | −THB 128.0m | −THB 95.1m | −THB 23.4m | −THB 14.2m | −THB 11.2m | −THB 20.8m | −THB 28.9m |
| Free cash flow | THB 429.5m | THB 42.5m | −THB 72.0m | −THB 112.5m | −THB 52.3m | −THB 51,094 | THB 140.0m | THB 72.8m | −THB 45.8m | −THB 43.3m |
| Dividends paid | — | −THB 10.2m | −THB 15.4m | −THB 26.2m | −THB 30.8m | −THB 40.0m | −THB 30.0m | −THB 25.0m | −THB 1.6m | −THB 132.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 170.5m | THB 182.7m | THB 182.2m | THB 181.5m | THB 170.1m | THB 171.3m | THB 182.3m | THB 192.6m |
| Gross profit | THB 65.6m | THB 69.5m | THB 65.0m | THB 64.2m | THB 61.3m | THB 59.8m | THB 61.6m | THB 60.3m |
| Operating income | THB 11.1m | THB 13.9m | THB 7.7m | THB 13.7m | THB 12.1m | THB 11.4m | THB 2.1m | −THB 3.0m |
| Net income | THB 8.6m | THB 7.8m | THB 6.0m | THB 8.3m | THB 6.8m | THB 6.5m | −THB 2.0m | −THB 6.8m |
| Diluted earnings per share | 0.03 | 0.03 | 0.02 | 0.03 | 0.02 | 0.02 | -0.01 | -0.02 |
| Cash from operations | THB 110.0m | THB 94.0m | THB 421.0m | THB 43.0m | −THB 5.0m | −THB 13.0m | THB 37.0m | THB 25.0m |
| Capital spending | −THB 2.0m | −THB 2.0m | −THB 1.0m | −THB 1.0m | −THB 2.0m | — | −THB 1.0m | −THB 1.0m |
| Free cash flow | THB 108.0m | THB 92.0m | THB 420.0m | THB 42.0m | −THB 7.0m | — | THB 36.0m | THB 24.0m |
| Total assets | THB 929.3m | THB 917.0m | THB 869.9m | THB 862.8m | THB 956.5m | THB 921.4m | THB 908.2m | THB 928.3m |
| Cash and short-term investments | THB 46.3m | THB 41.3m | THB 47.4m | THB 37.5m | THB 98.5m | THB 46.1m | THB 44.2m | THB 81.4m |
| Debt | THB 350.9m | THB 323.3m | THB 322.3m | THB 332.3m | THB 431.7m | THB 367.2m | THB 346.2m | THB 408.7m |
| Shareholders' equity | THB 431.2m | THB 422.5m | THB 413.7m | THB 407.7m | THB 399.4m | THB 392.6m | THB 379.9m | THB 381.9m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.1% | 2.3% | 3.3% |
| Operating income | 34.5% | -3.2% | -1.3% |
| Net income | 28.4% | -7.7% | -0.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.8% | 34.0% | 35.5% | 38.0% |
| Operating margin | 2.7% | 2.5% | 4.2% | 6.4% |
| Net margin | 0.4% | 0.5% | 2.1% | 4.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.3 | -14.1 | -137.3 | 63.5 | 36.3 | 18.4 | 12.6 | 12.8 | 22.5 | 42.3 |
| Price to sales | 0.4 | 0.4 | 0.9 | 1.3 | 1.6 | 1.2 | 1.1 | 1.0 | 1.3 | 2.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 25 Apr 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.033 | 0.05 | 0.085 | 0.10 | 0.13 | 0.097 | 0.081 | 0.005 |
- 11-for-10 split · 27 Apr 2017
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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