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Thai Solar Energy PCL TSE.BK · THB

Utilities · SET · 🇹🇭 Thailand

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1.04

+0.97%

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.

FY2025

Revenue

THB 1.24bn

FY2016FY2025

Net income

THB 46.7m

FY2016FY2025

Free cash flow

−THB 121.2m

FY2016FY2025

Shareholders' equity

THB 3.03bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 1.24bnTHB 1.18bnTHB 1.18bnTHB 1.31bnTHB 1.52bnTHB 1.53bnTHB 1.35bnTHB 561.4mTHB 229.0mTHB 421.7m
Operating incomeTHB 157.4mTHB 45.7m−THB 974.6mTHB 489.9mTHB 437.9mTHB 546.0mTHB 349.6mTHB 347.0mTHB 510.4mTHB 131.1m
Net incomeTHB 46.7m−THB 501.2m−THB 2.98bnTHB 723.8mTHB 492.7mTHB 421.4mTHB 774.6mTHB 174.0mTHB 415.8mTHB 617.6m
Diluted earnings per share0.02-0.24-1.420.330.230.200.390.090.220.32

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 6.82bnTHB 7.72bnTHB 10.26bnTHB 20.51bnTHB 19.71bnTHB 19.18bnTHB 15.87bnTHB 14.69bnTHB 12.22bnTHB 8.37bn
Cash and short-term investmentsTHB 912.5mTHB 362.4mTHB 1.95bnTHB 363.1mTHB 849.5mTHB 883.7mTHB 864.7mTHB 561.5mTHB 495.8mTHB 2.74bn
Total liabilitiesTHB 3.74bnTHB 4.74bnTHB 6.64bnTHB 14.07bnTHB 13.36bnTHB 13.26bnTHB 10.24bnTHB 9.77bnTHB 7.44bnTHB 3.79bn
DebtTHB 3.28bnTHB 4.25bnTHB 6.30bnTHB 13.72bnTHB 12.99bnTHB 12.75bnTHB 9.89bnTHB 9.47bnTHB 7.14bnTHB 3.33bn
Shareholders' equityTHB 3.03bnTHB 2.99bnTHB 3.62bnTHB 6.44bnTHB 6.35bnTHB 5.92bnTHB 5.63bnTHB 4.77bnTHB 4.62bnTHB 4.56bn
Shares outstanding2,115m2,115m2,105m2,174m2,118m2,118m2,010m1,927m1,928m1,927m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTHB 150.6mTHB 373.4mTHB 869.0m−THB 156.8mTHB 519.5mTHB 565.7mTHB 693.1m−THB 204.3m−THB 107.1m−THB 40.9m
Capital spending−THB 271.8m−THB 500.5m−THB 1.91bn−THB 3.00bn−THB 1.77bn−THB 2.66bn−THB 436.5m−THB 2.30bn−THB 1.74bn−THB 936.8m
Free cash flow−THB 121.2m−THB 127.1m−THB 1.04bn−THB 3.16bn−THB 1.25bn−THB 2.09bnTHB 256.6m−THB 2.51bn−THB 1.84bn−THB 977.7m
Dividends paid—−THB 105.9m−THB 190.6m−THB 74.1m−THB 190.6m−THB 254.1m−THB 104.8m−THB 10.2m−THB 199.6m−THB 108.8m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 307.9mTHB 313.3mTHB 272.9mTHB 311.9mTHB 326.0mTHB 331.7mTHB 266.4mTHB 302.6m
Operating incomeTHB 76.8mTHB 81.8m−THB 36.7mTHB 66.5mTHB 81.4mTHB 89.6m−THB 708.5mTHB 118.8m
Net incomeTHB 26.0mTHB 53.8m−THB 53.8mTHB 22.8mTHB 14.1mTHB 63.7m−THB 756.6mTHB 71.6m
Diluted earnings per share0.010.03-0.030.010.010.03-0.360.03
Cash from operationsTHB 119.0mTHB 33.0m−THB 94.0mTHB 139.0mTHB 155.0mTHB 125.0m−THB 721.0mTHB 180.0m
Capital spending−THB 637.0m−THB 25.0m−THB 116.0m−THB 11.0m−THB 60.0m−THB 83.0m−THB 232.0m−THB 149.0m
Free cash flow−THB 518.0mTHB 8.0m−THB 210.0mTHB 128.0mTHB 95.0mTHB 42.0m−THB 953.0mTHB 31.0m
Total assetsTHB 7.14bnTHB 7.05bnTHB 6.82bnTHB 8.15bnTHB 8.08bnTHB 7.88bnTHB 7.72bnTHB 8.20bn
Cash and short-term investments—THB 1.15bnTHB 912.5mTHB 476.6mTHB 461.6mTHB 341.9mTHB 362.4mTHB 556.4m
DebtTHB 2.89bnTHB 3.30bnTHB 3.12bnTHB 4.36bnTHB 4.30bnTHB 4.06bnTHB 4.05bnTHB 3.96bn
Shareholders' equityTHB 3.11bnTHB 3.09bnTHB 3.03bnTHB 3.09bnTHB 3.06bnTHB 3.05bnTHB 2.99bnTHB 3.73bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.9%-4.1%25.4%
Operating income-31.5%-22.0%—
Net income-59.9%-35.6%-21.5%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin8.4%-5.7%8.8%18.4%
Net margin-18.8%-55.2%-22.6%6.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings21.3-3.8-1.27.011.312.57.623.121.718.1
Price to sales0.81.63.03.93.63.44.47.139.526.6

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 13 Mar 2024.

FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Paid in the year0.050.090.0350.040.170.0540.0050.105
  • 21-for-20 split · 26 Mar 2018

Sources and methodology

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

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