0.48
-2.04%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 544.6m
FY2016FY2025
Net income
THB 22.9m
FY2016FY2025
Free cash flow
THB 61.8m
FY2016FY2025
Shareholders' equity
THB 248.2m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 544.6m | THB 562.7m | THB 582.1m | THB 566.8m | THB 484.3m | THB 447.9m | THB 392.0m | THB 392.2m | THB 401.6m | THB 473.2m |
| Gross profit | THB 200.7m | THB 178.1m | THB 195.2m | THB 187.3m | THB 152.7m | THB 153.9m | THB 130.7m | THB 120.1m | THB 120.1m | THB 153.5m |
| Operating income | THB 44.4m | THB 28.0m | THB 55.4m | THB 42.0m | THB 8.2m | THB 20.4m | −THB 1.2m | −THB 15.7m | −THB 23.2m | THB 9.7m |
| Net income | THB 22.9m | THB 7.3m | THB 27.1m | THB 24.2m | −THB 2.4m | THB 14.4m | −THB 8.6m | −THB 17.1m | −THB 25.2m | THB 4.7m |
| Diluted earnings per share | 0.03 | 0.01 | 0.04 | 0.04 | -0.00 | 0.02 | -0.01 | -0.03 | -0.04 | 0.01 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 701.1m | THB 710.4m | THB 760.5m | THB 761.8m | THB 626.7m | THB 461.9m | THB 424.0m | THB 414.5m | THB 333.2m | THB 361.2m |
| Cash and short-term investments | THB 20.9m | THB 7.1m | THB 59.4m | THB 11.3m | THB 11.9m | THB 10.3m | THB 8.0m | THB 4.8m | THB 14.4m | THB 2.1m |
| Total liabilities | THB 459.5m | THB 477.5m | THB 501.7m | THB 508.9m | THB 397.9m | THB 254.9m | THB 244.2m | THB 223.7m | THB 125.3m | THB 124.0m |
| Debt | THB 327.6m | THB 358.9m | THB 386.2m | THB 389.6m | THB 283.3m | THB 172.4m | THB 169.9m | THB 165.9m | THB 63.1m | THB 49.9m |
| Shareholders' equity | THB 248.2m | THB 230.3m | THB 243.2m | THB 226.1m | THB 195.9m | THB 195.3m | THB 180.0m | THB 190.8m | THB 207.9m | THB 237.2m |
| Shares outstanding | 671m | 671m | 671m | 671m | 690m | 604m | 733m | 657m | 672m | 805m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 83.0m | THB 31.4m | THB 117.8m | THB 29.2m | THB 32.8m | THB 40.7m | THB 53.3m | −THB 22.9m | THB 22.7m | THB 48.3m |
| Capital spending | −THB 21.3m | −THB 16.9m | −THB 28.8m | −THB 101.6m | −THB 131.6m | −THB 26.9m | −THB 15.3m | −THB 3.4m | −THB 16.5m | −THB 2.7m |
| Free cash flow | THB 61.8m | THB 14.5m | THB 89.0m | −THB 72.4m | −THB 98.8m | THB 13.8m | THB 38.0m | −THB 26.3m | THB 6.2m | THB 45.6m |
| Dividends paid | −THB 5.0m | −THB 20.1m | −THB 10.0m | −THB 10.0m | — | −THB 49,468 | −THB 49,468 | −THB 353 | −THB 4.0m | −THB 10.1m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 133.6m | THB 145.3m | THB 121.5m | THB 126.8m | THB 141.8m | THB 155.6m | THB 143.8m | THB 137.6m |
| Gross profit | THB 53.9m | THB 61.0m | THB 44.5m | THB 48.8m | THB 50.1m | THB 57.2m | THB 43.6m | THB 43.6m |
| Operating income | THB 15.0m | THB 22.8m | THB 5.8m | THB 9.0m | THB 12.2m | THB 19.1m | THB 7.8m | THB 5.5m |
| Net income | THB 9.1m | THB 14.8m | THB 2.3m | THB 3.3m | THB 6.0m | THB 11.3m | THB 2.8m | THB 1.4m |
| Diluted earnings per share | 0.01 | 0.02 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 |
| Cash from operations | THB 23.0m | THB 23.0m | THB 30.0m | THB 23.0m | THB 20.0m | THB 25.0m | −THB 2.0m | THB 22.0m |
| Capital spending | −THB 1.0m | −THB 2.0m | −THB 1.0m | −THB 15.0m | −THB 1.0m | −THB 2.0m | — | −THB 9.0m |
| Free cash flow | THB 22.0m | THB 21.0m | THB 29.0m | THB 8.0m | THB 19.0m | THB 23.0m | — | THB 13.0m |
| Total assets | THB 706.7m | THB 713.0m | THB 701.1m | THB 694.0m | THB 714.0m | THB 714.4m | THB 710.4m | THB 712.4m |
| Cash and short-term investments | THB 44.1m | THB 36.2m | THB 20.9m | THB 18.4m | THB 33.4m | THB 21.3m | THB 7.1m | THB 8.6m |
| Debt | THB 329.6m | THB 319.0m | THB 336.5m | THB 342.7m | THB 359.0m | THB 353.5m | THB 356.6m | THB 354.6m |
| Shareholders' equity | THB 263.7m | THB 261.3m | THB 248.2m | THB 245.8m | THB 242.6m | THB 241.6m | THB 230.3m | THB 227.6m |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.3% | 4.0% | 0.0% |
| Operating income | 1.9% | 16.9% | 43.1% |
| Net income | -1.8% | 9.7% | 43.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 34.2% | 33.7% | 33.5% | 32.4% |
| Operating margin | 6.5% | 7.5% | 6.2% | 3.1% |
| Net margin | 2.7% | 3.6% | 2.9% | 0.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 15.3 | 74.8 | 29.8 | 41.4 | -334.1 | 29.0 | -59.0 | -28.8 | -26.1 | 242.5 |
| Price to sales | 0.6 | 1.0 | 1.4 | 1.8 | 1.6 | 0.9 | 1.3 | 1.3 | 1.6 | 2.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 3 years. Last went ex-dividend on 6 Mar 2025.
| FY2025 | FY2024 | FY2023 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.008 | 0.03 | 0.015 | 0.006 | 0.015 | 0.004 | 0.013 | 0.034 |
- 7-for-6 split · 30 Apr 2015
- 6-for-5 split · 3 May 2012
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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