14.90
+0.68%
Close of 9 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 2.52bn
FY2016FY2025
Net income
THB 346.4m
FY2016FY2025
Free cash flow
THB 346.8m
FY2016FY2025
Shareholders' equity
THB 1.57bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 2.52bn | THB 2.68bn | THB 2.91bn | THB 2.64bn | THB 2.60bn | THB 2.02bn | THB 3.05bn | THB 3.11bn | THB 2.91bn | THB 2.72bn |
| Gross profit | THB 570.4m | THB 538.6m | THB 524.5m | THB 400.6m | THB 470.5m | THB 278.7m | THB 556.4m | THB 598.0m | THB 520.9m | THB 472.6m |
| Operating income | THB 315.2m | THB 258.0m | THB 271.4m | THB 215.2m | THB 237.4m | THB 87.4m | THB 234.3m | THB 272.9m | THB 203.7m | THB 161.9m |
| Net income | THB 346.4m | THB 295.2m | THB 278.6m | THB 208.6m | THB 237.1m | THB 82.4m | THB 220.0m | THB 250.9m | THB 176.0m | THB 137.2m |
| Diluted earnings per share | 1.33 | 1.15 | 1.07 | 0.80 | 0.94 | 0.32 | 0.85 | 0.97 | 0.68 | 0.53 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 2.20bn | THB 2.22bn | THB 2.29bn | THB 2.38bn | THB 2.32bn | THB 2.18bn | THB 2.34bn | THB 2.49bn | THB 2.78bn | THB 2.75bn |
| Cash and short-term investments | THB 568.2m | THB 525.4m | THB 419.5m | THB 494.1m | THB 536.2m | THB 490.9m | THB 448.3m | THB 497.8m | THB 778.1m | THB 707.4m |
| Total liabilities | THB 624.2m | THB 675.8m | THB 730.0m | THB 834.5m | THB 729.1m | THB 604.4m | THB 696.3m | THB 803.4m | THB 1.10bn | THB 1.11bn |
| Debt | THB 875,000 | THB 2.7m | THB 3.2m | THB 105.4m | THB 105.3m | THB 100.7m | THB 3.1m | THB 54.8m | THB 424.2m | THB 491.3m |
| Shareholders' equity | THB 1.57bn | THB 1.54bn | THB 1.56bn | THB 1.55bn | THB 1.59bn | THB 1.57bn | THB 1.64bn | THB 1.68bn | THB 1.68bn | THB 1.64bn |
| Shares outstanding | 260m | 256m | 260m | 260m | 253m | 260m | 260m | 260m | 260m | 260m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | THB 406.6m | THB 483.7m | THB 420.4m | THB 264.7m | THB 349.3m | THB 165.8m | THB 393.0m | THB 393.1m | THB 307.2m | THB 261.2m |
| Capital spending | −THB 59.9m | −THB 68.1m | −THB 71.0m | −THB 69.3m | −THB 67.9m | −THB 76.0m | −THB 134.7m | −THB 77.6m | −THB 45.8m | −THB 49.0m |
| Free cash flow | THB 346.8m | THB 415.6m | THB 349.4m | THB 195.5m | THB 281.4m | THB 89.8m | THB 258.3m | THB 315.5m | THB 261.4m | THB 212.1m |
| Dividends paid | −THB 311.8m | −THB 311.8m | −THB 259.8m | −THB 259.8m | −THB 233.8m | −THB 155.9m | −THB 259.8m | −THB 246.8m | −THB 129.9m | −THB 142.9m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 596.7m | THB 640.3m | THB 618.8m | THB 613.4m | THB 671.0m | THB 643.6m | THB 589.4m | THB 643.5m |
| Gross profit | THB 127.8m | THB 147.3m | THB 134.0m | THB 146.3m | THB 158.9m | THB 139.8m | THB 125.3m | THB 110.3m |
| Operating income | THB 62.8m | THB 85.3m | THB 70.3m | THB 73.8m | THB 94.2m | THB 83.8m | THB 63.6m | THB 28.4m |
| Net income | THB 72.4m | THB 102.7m | THB 78.6m | THB 81.1m | THB 94.1m | THB 96.9m | THB 74.3m | THB 38.8m |
| Diluted earnings per share | 0.28 | 0.40 | 0.30 | 0.31 | 0.36 | 0.37 | 0.29 | 0.15 |
| Cash from operations | THB 129.0m | THB 109.0m | THB 41.0m | THB 140.0m | THB 120.0m | THB 117.0m | THB 27.0m | THB 138.0m |
| Capital spending | −THB 2.0m | −THB 5.0m | −THB 12.0m | −THB 14.0m | −THB 6.0m | −THB 10.0m | −THB 28.0m | −THB 20.0m |
| Free cash flow | THB 127.0m | THB 104.0m | THB 29.0m | THB 126.0m | THB 114.0m | THB 107.0m | −THB 1.0m | THB 118.0m |
| Total assets | THB 2.14bn | THB 2.13bn | THB 2.22bn | THB 2.20bn | THB 2.14bn | THB 2.10bn | THB 2.17bn | THB 2.22bn |
| Cash and short-term investments | THB 521.0m | THB 494.9m | THB 597.0m | THB 568.2m | THB 438.4m | THB 427.4m | THB 528.7m | THB 525.4m |
| Debt | THB 363,000 | THB 373,000 | THB 774,000 | THB 774,000 | THB 387,000 | THB 948,000 | THB 1.5m | THB 2.0m |
| Shareholders' equity | THB 1.52bn | THB 1.55bn | THB 1.65bn | THB 1.57bn | THB 1.49bn | THB 1.50bn | THB 1.61bn | THB 1.54bn |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 22.7% | 20.1% | 18.0% | 15.1% | 18.1% | 13.8% |
| Operating margin | 13.8% | 11.2% | 9.8% | 8.2% | 9.2% | 4.2% |
| Net margin | 13.8% | 11.0% | 9.6% | 7.9% | 9.1% | 4.1% |
| Return on equity | 22.0% | 19.2% | 17.9% | 13.5% | 14.9% | 5.2% |
| Return on assets | 15.8% | 13.3% | 12.2% | 8.8% | 10.2% | 3.8% |
| Free cash flow yield | 10.5% | 12.7% | 10.9% | 6.8% | 9.3% | 4.3% |
| Revenue growth | -6.2% | -7.7% | 9.9% | 1.6% | 28.6% | -33.6% |
| Earnings growth | 17.3% | 6.0% | 33.6% | -12.0% | 187.9% | -62.6% |
| Current ratio | 2.39x | 2.22x | 2.00x | 1.79x | 1.97x | 2.01x |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.07x | 0.06x | 0.06x |
| Equity ratio | 71.6% | 69.5% | 68.1% | 64.9% | 68.6% | 72.2% |
| Interest coverage | 4028.73x | 1897.77x | 403.53x | 170.36x | 152.71x | 101.94x |
| Buybacks as a share of market value | -1.4% | 1.4% | 0.0% | -2.7% | 2.6% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -1.6% | 4.5% | -1.2% |
| Operating income | 13.6% | 29.2% | 8.0% |
| Net income | 18.4% | 33.3% | 9.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 21.3% | 18.9% | 18.1% | 18.1% |
| Operating margin | 11.0% | 9.9% | 9.0% | 8.0% |
| Net margin | 12.3% | 10.5% | 9.4% | 7.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.6 | 13.2 | 14.0 | 17.7 | 15.5 | 36.9 | 14.4 | 13.8 | 19.2 | 20.8 |
| Price to sales | 1.6 | 1.4 | 1.3 | 1.4 | 1.4 | 1.5 | 1.0 | 1.1 | 1.2 | 1.1 |
Dividends and splits
Per share, in the currency the company pays
Paid for 20 years. Last went ex-dividend on 30 Jan 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.80 | 1.20 | 1.20 | 1.00 | 0.78 | 0.62 | 0.248 | 1.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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