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WICE Logistics PCL WICE.BK · THB

Industrials · SET · 🇹🇭 Thailand

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2.72

-1.45%

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 4.66bn

FY2016FY2025

Net income

THB 122.1m

FY2016FY2025

Free cash flow

THB 253.8m

FY2016FY2025

Shareholders' equity

THB 1.36bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTHB 4.66bnTHB 4.10bnTHB 3.80bnTHB 7.10bnTHB 7.64bnTHB 4.00bnTHB 2.22bnTHB 1.83bnTHB 1.40bnTHB 1.02bn
Gross profitTHB 642.0mTHB 665.0mTHB 702.3mTHB 1.27bnTHB 1.24bnTHB 617.5mTHB 352.3mTHB 377.4mTHB 342.1mTHB 261.0m
Operating incomeTHB 100.4mTHB 98.1mTHB 272.5mTHB 773.5mTHB 782.5mTHB 333.8mTHB 71.7mTHB 144.8mTHB 131.0mTHB 99.4m
Net incomeTHB 122.1mTHB 97.7mTHB 170.4mTHB 554.1mTHB 535.5mTHB 201.1mTHB 62.0mTHB 96.2mTHB 89.7mTHB 77.2m
Diluted earnings per share0.190.150.270.850.810.300.120.150.140.12

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTHB 3.04bnTHB 2.74bnTHB 2.86bnTHB 3.33bnTHB 3.50bnTHB 2.05bnTHB 1.57bnTHB 1.42bnTHB 1.10bnTHB 1.07bn
Cash and short-term investmentsTHB 560.9mTHB 595.2mTHB 890.7mTHB 1.20bnTHB 836.2mTHB 406.9mTHB 302.0mTHB 309.2mTHB 301.4mTHB 263.4m
Total liabilitiesTHB 1.33bnTHB 995.3mTHB 962.4mTHB 1.46bnTHB 1.99bnTHB 1.07bnTHB 686.9mTHB 462.6mTHB 204.1mTHB 204.9m
DebtTHB 319.7mTHB 271.2mTHB 291.6mTHB 411.0mTHB 382.7mTHB 177.2mTHB 82.0mTHB 11.5mTHB 781,278THB 7.9m
Shareholders' equityTHB 1.36bnTHB 1.36bnTHB 1.47bnTHB 1.64bnTHB 1.30bnTHB 877.0mTHB 793.6mTHB 823.8mTHB 814.7mTHB 777.2m
Shares outstanding641m641m641m652m657m675m524m652m652m652m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTHB 296.4mTHB 210.3mTHB 171.3mTHB 837.9mTHB 621.5mTHB 274.6mTHB 93.7mTHB 167.6mTHB 116.4mTHB 70.9m
Capital spending−THB 42.6m−THB 168.7m−THB 32.9m−THB 41.6m−THB 65.6m−THB 23.7m−THB 65.1m−THB 84.6m−THB 11.1m−THB 17.3m
Free cash flowTHB 253.8mTHB 41.6mTHB 138.4mTHB 796.2mTHB 555.8mTHB 250.9mTHB 28.6mTHB 82.9mTHB 105.3mTHB 53.6m
Dividends paid−THB 92.4m−THB 153.8m−THB 374.1m−THB 172.9m−THB 104.4m−THB 77.4m−THB 99.2m−THB 97.9m−THB 70.0m−THB 42.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTHB 1.49bnTHB 1.31bnTHB 1.16bnTHB 1.21bnTHB 1.23bnTHB 1.06bnTHB 931.4mTHB 1.13bn
Gross profitTHB 172.1mTHB 162.7mTHB 126.1mTHB 155.1mTHB 162.4mTHB 198.5mTHB 98.6mTHB 178.3m
Operating incomeTHB 10.6mTHB 35.2m−THB 20.9mTHB 31.7mTHB 29.9mTHB 64.3m−THB 72.7mTHB 29.4m
Net incomeTHB 29.0mTHB 19.4mTHB 15.8mTHB 26.8mTHB 23.2mTHB 56.3m−THB 33.7mTHB 18.2m
Diluted earnings per share0.050.030.020.040.040.09-0.050.03
Cash from operationsTHB 19.0mTHB 49.0mTHB 79.0mTHB 10.0mTHB 76.0mTHB 137.0mTHB 103.0mTHB 133.0m
Capital spending−THB 7.0m−THB 21.0m−THB 10.0m−THB 11.0m−THB 10.0m−THB 12.0m−THB 8.0m−THB 27.0m
Free cash flowTHB 12.0mTHB 28.0mTHB 69.0m−THB 1.0mTHB 66.0mTHB 125.0mTHB 95.0mTHB 106.0m
Total assetsTHB 3.25bnTHB 3.14bnTHB 3.04bnTHB 2.95bnTHB 2.82bnTHB 2.86bnTHB 2.74bnTHB 2.80bn
Cash and short-term investments—THB 541.6mTHB 560.9mTHB 574.4mTHB 607.8mTHB 688.3mTHB 595.2mTHB 525.2m
DebtTHB 44.3mTHB 173.0mTHB 269.0mTHB 168.2mTHB 171.1mTHB 194.0mTHB 155.0mTHB 176.5m
Shareholders' equityTHB 1.36bnTHB 1.40bnTHB 1.36bnTHB 1.37bnTHB 1.30bnTHB 1.40bnTHB 1.36bnTHB 1.36bn

Financial ratios

Data as of 2 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin13.8%16.2%18.5%17.8%16.3%15.5%
Operating margin2.2%3.3%7.3%10.9%10.3%8.4%
Net margin2.6%2.4%4.5%7.8%7.0%5.0%
Return on equity9.0%7.2%11.6%33.8%41.3%22.9%
Return on assets4.0%3.6%6.0%16.6%15.3%9.8%
Free cash flow yield19.0%21.3%11.5%48.5%37.6%15.9%
Revenue growth13.6%7.9%-46.5%-7.0%91.1%79.9%
Earnings growth25.0%-42.6%-69.2%3.5%166.3%224.5%
Current ratio1.81x2.13x2.57x1.99x1.58x1.66x
Debt to equity0.12x0.11x0.13x0.19x0.25x0.18x
Equity ratio44.9%49.6%51.6%49.2%37.1%42.9%
Interest coverage8.96x11.73x13.43x33.51x51.15x34.09x
Buybacks as a share of market value0.0%-0.0%1.7%0.8%2.7%-28.9%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-13.1%3.1%21.2%
Operating income-49.4%-21.4%3.1%
Net income-39.6%-9.5%7.3%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin14.9%16.7%16.4%17.3%
Operating margin2.3%6.3%7.5%7.5%
Net margin2.5%4.8%5.4%5.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings12.025.123.512.123.616.518.924.737.430.4
Price to sales0.30.61.10.91.60.80.51.32.42.3

Dividends and splits

Per share, in the currency the company pays

Paid for 10 years. Last went ex-dividend on 10 Mar 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.140.240.440.230.140.090.130.12

Sources and methodology

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

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