15.60
0.00%
Close of 5 Nov 2026, in THB
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At a glance
Figures in THB, from our data supplier.
Revenue
THB 2.97bn
FY2016FY2025
Net income
−THB 134.8m
FY2016FY2025
Free cash flow
−THB 56.3m
FY2016FY2025
Shareholders' equity
THB 4.97bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | THB 2.97bn | THB 3.51bn | THB 3.61bn | THB 3.94bn | THB 3.24bn | THB 2.96bn | THB 4.88bn | THB 4.61bn | THB 4.36bn | THB 4.14bn |
| Gross profit | THB 866.9m | THB 1.22bn | THB 1.36bn | THB 1.37bn | THB 989.9m | THB 727.0m | THB 1.70bn | THB 1.21bn | THB 1.02bn | THB 968.5m |
| Operating income | −THB 433.3m | THB 1.7m | THB 74.2m | THB 49.9m | −THB 259.9m | −THB 693.3m | THB 187.0m | THB 200.3m | THB 370.6m | THB 192.5m |
| Net income | −THB 134.8m | THB 24.3m | THB 78.5m | THB 102.9m | −THB 144.4m | −THB 314.9m | THB 336.1m | THB 355.8m | THB 324.7m | THB 311.0m |
| Diluted earnings per share | -1.12 | 0.20 | 0.65 | 0.86 | -1.20 | -2.62 | 2.80 | 2.96 | 2.71 | 2.59 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | THB 5.88bn | THB 6.40bn | THB 6.42bn | THB 6.58bn | THB 6.46bn | THB 6.67bn | THB 7.47bn | THB 7.22bn | THB 7.07bn | THB 6.69bn |
| Cash and short-term investments | THB 724.0m | THB 340.6m | THB 252.0m | THB 624.4m | THB 434.6m | THB 447.8m | THB 740.2m | THB 568.5m | THB 453.9m | THB 311.6m |
| Total liabilities | THB 902.6m | THB 1.01bn | THB 996.4m | THB 1.04bn | THB 1.10bn | THB 1.32bn | THB 1.71bn | THB 1.41bn | THB 1.30bn | THB 1.25bn |
| Debt | THB 57.1m | THB 74.0m | THB 60.0m | THB 28.6m | THB 41.6m | THB 35.3m | THB 597.1m | THB 264,367 | THB 648,427 | THB 19.1m |
| Shareholders' equity | THB 4.97bn | THB 5.39bn | THB 5.42bn | THB 5.54bn | THB 5.36bn | THB 5.35bn | THB 5.76bn | THB 5.81bn | THB 5.76bn | THB 5.44bn |
| Shares outstanding | 120m | 120m | 120m | 120m | 120m | 120m | 120m | 120m | 120m | 120m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −THB 24.6m | −THB 30.9m | THB 78.4m | THB 302.1m | THB 12.2m | −THB 577.5m | THB 47.4m | THB 206.2m | THB 397.6m | THB 361.2m |
| Capital spending | −THB 31.8m | −THB 36.8m | −THB 66.4m | −THB 62.6m | −THB 28.1m | −THB 47.7m | −THB 74.1m | −THB 85.0m | −THB 49.6m | −THB 187.3m |
| Free cash flow | −THB 56.3m | −THB 67.7m | THB 12.0m | THB 239.4m | −THB 15.8m | −THB 625.2m | −THB 26.7m | THB 121.2m | THB 348.0m | THB 173.9m |
| Dividends paid | −THB 72.0m | −THB 84.0m | −THB 84.0m | −THB 60.0m | −THB 60.0m | −THB 228.0m | −THB 216.0m | −THB 180.0m | −THB 156.0m | −THB 132.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | THB 740.2m | THB 675.7m | THB 793.3m | THB 744.8m | THB 708.9m | THB 726.4m | THB 968.2m | THB 851.6m |
| Gross profit | THB 276.0m | THB 249.0m | THB 231.4m | THB 225.3m | THB 192.7m | THB 217.5m | THB 333.9m | THB 272.0m |
| Operating income | THB 12.3m | −THB 4.0m | −THB 100.0m | −THB 68.8m | −THB 91.8m | −THB 67.0m | THB 21.7m | −THB 56.7m |
| Net income | THB 10.9m | −THB 2.9m | THB 81.4m | −THB 96.1m | −THB 64.8m | −THB 55.3m | THB 21.8m | −THB 41.7m |
| Diluted earnings per share | 0.09 | -0.02 | 0.68 | -0.80 | -0.54 | -0.46 | 0.18 | -0.35 |
| Cash from operations | −THB 27.0m | −THB 1.0m | −THB 63.0m | −THB 32.0m | −THB 87.0m | THB 98.0m | −THB 26.0m | THB 65.0m |
| Capital spending | −THB 4.0m | −THB 1.0m | −THB 3.0m | −THB 11.0m | −THB 7.0m | −THB 8.0m | −THB 14.0m | −THB 4.0m |
| Free cash flow | −THB 31.0m | −THB 2.0m | −THB 66.0m | −THB 43.0m | −THB 94.0m | THB 90.0m | −THB 40.0m | THB 61.0m |
| Total assets | THB 5.88bn | THB 5.93bn | THB 5.88bn | THB 6.09bn | THB 6.20bn | THB 6.29bn | THB 6.40bn | THB 6.19bn |
| Cash and short-term investments | — | THB 721.2m | THB 724.0m | THB 215.1m | THB 273.6m | THB 343.2m | THB 340.6m | THB 222.5m |
| Debt | — | THB 18.1m | THB 33.8m | THB 33.2m | THB 34.7m | THB 35.5m | THB 18.8m | THB 19.2m |
| Shareholders' equity | THB 4.93bn | THB 5.00bn | THB 4.97bn | THB 5.11bn | THB 5.21bn | THB 5.30bn | THB 5.39bn | THB 5.18bn |
Financial ratios
Data as of 30 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 29.2% | 34.9% | 37.7% | 34.9% | 30.5% | 24.6% |
| Operating margin | -3.3% | 0.2% | 2.0% | 2.5% | -5.3% | -13.7% |
| Net margin | -4.5% | 0.7% | 2.2% | 2.6% | -4.5% | -10.7% |
| Return on equity | -2.7% | 0.5% | 1.4% | 1.9% | -2.7% | -5.9% |
| Return on assets | -2.3% | 0.4% | 1.2% | 1.6% | -2.2% | -4.7% |
| Free cash flow yield | 0.4% | 0.3% | 7.8% | 19.6% | 2.2% | -28.5% |
| Revenue growth | -15.2% | -2.8% | -8.3% | 21.3% | 9.7% | -39.4% |
| Earnings growth | -655.1% | -69.1% | -23.8% | -171.3% | -54.1% | -193.7% |
| Current ratio | 4.76x | 4.47x | 4.59x | 4.42x | 4.03x | 3.45x |
| Debt to equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Equity ratio | 84.6% | 84.2% | 84.5% | 84.2% | 83.0% | 80.2% |
| Interest coverage | -42.60x | 3.35x | 45.82x | 82.49x | -128.19x | -291.99x |
| Buybacks as a share of market value | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -8.9% | 0.1% | -2.9% |
| Operating income | — | -9.0% | — |
| Net income | — | -15.6% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 32.3% | 34.4% | 32.3% | 29.4% |
| Operating margin | -6.7% | -2.2% | -6.2% | 0.1% |
| Net margin | -1.7% | 0.5% | -1.9% | 3.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -15.5 | 126.0 | 48.2 | 40.8 | -32.6 | -17.1 | 16.8 | 15.8 | 17.4 | 18.5 |
| Price to sales | 0.7 | 0.9 | 1.1 | 1.1 | 1.4 | 1.8 | 1.2 | 1.2 | 1.3 | 1.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 36 years. Last went ex-dividend on 9 May 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.60 | 0.70 | 0.70 | 0.50 | 0.50 | 1.90 | 1.80 | 1.50 |
- 10-for-1 split · 9 May 2003
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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