Income Statement Eastern Commercial Leasing

Stocks

EAST

TH0767010Z04

Consumer Lending

End-of-day quote Thailand S.E. 2026-08-17			5-day change	1st Jan Change
0.7400 ^THB	0.00%		-3.90%	+7.25%

08-17	Eastern Commercial Leasing Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-13	Eastern Commercial Leasing PLC Enters Into Lease Agreement For Chonburi Branch Office Space	CI

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Published financial data: EASTERN COMMERCIAL LEASING

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	529M	463M	474M	534M	573M
Interest Expense, Total	135M	102M	129M	165M	126M
Net Interest Income	394M	361M	345M	369M	447M
Commission and Fees	85.05M	79.46M	111M	109M	143M
Gain (Loss) on Sale of Investments, Total (Rev)	-	-	-	-	-
Other Revenues, Total	41.16M	39.49M	43.61M	51.69M	46.66M
Revenues Before Provison For Loan Losses	520M	480M	500M	529M	636M
Provision For Loan Losses	-51.18M	2.81M	61.42M	113M	101M
Total Revenues	572M	477M	438M	417M	536M
Cost of Services Provided, Total	334M	256M	310M	341M	360M
Total Operating Expenses	334M	256M	310M	341M	360M
Operating Income	237M	221M	128M	75.88M	176M
Income (Loss) on Equity Invest.	6.57M	7.91M	5.95M	1.65M	1.17M
EBT, Excl. Unusual Items	244M	229M	134M	77.53M	177M
EBT, Incl. Unusual Items	244M	229M	134M	77.53M	177M
Income Tax Expense	49.89M	44.3M	26.08M	15.5M	39.16M
Earnings From Continuing Operations	194M	185M	108M	62.03M	138M
Net Income to Company	194M	185M	108M	62.03M	138M
Net Income - (IS)	194M	185M	108M	62.03M	138M
Net Income to Common Incl Extra Items	194M	185M	108M	62.03M	138M
Net Income to Common Excl. Extra Items	194M	185M	108M	62.03M	138M
Per Share Items
Net EPS - Basic	0.17	0.17	0.1	0.06	0.09
Basic EPS - Continuing Operations	0.17	0.17	0.1	0.06	0.09
Basic Weighted Average Shares Outstanding	1.11B	1.11B	1.11B	1.11B	1.58B
Net EPS - Diluted	0.17	0.16	0.1	0.06	0.09
Diluted EPS - Continuing Operations	0.17	0.16	0.1	0.06	0.09
Diluted Weighted Average Shares Outstanding	1.11B	1.19B	1.11B	1.11B	1.58B
Normalized Basic EPS	0.14	0.13	0.08	0.04	0.07
Normalized Diluted EPS	0.14	0.12	0.08	0.04	0.07
Dividend Per Share	0.08	0.1	0.05	-	0.02
Payout Ratio	57.13	78.09	81.97	35.75	-
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Total Revenues (As Reported)	684M	616M	654M	709M	785M
Effective Tax Rate - (Ratio)	20.46	19.36	19.42	19.99	22.11
Current Domestic Taxes	18.75M	32.38M	32.36M	23.91M	39.37M
Total Current Taxes	18.75M	32.38M	32.36M	23.91M	39.37M
Deferred Domestic Taxes	31.15M	11.92M	-6.28M	-8.41M	-216K
Total Deferred Taxes	31.15M	11.92M	-6.28M	-8.41M	-216K
Normalized Net Income	152M	143M	83.93M	48.45M	111M
Non-Cash Pension Expense	2.99M	1.23M	288K	-744K	2.18M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	55.1M	37.4M	31.06M	38.75M	37.89M
Long-Term Investments - (FS Template)	70.01M	59.91M	65.86M	67.51M	57.16M
Loans and Lease Receivables - (FS Template)	4.53B	4.18B	4.7B	4.76B	5.82B
Other Receivables	16.08M	15.61M	19.51M	16.48M	30.46M
Gross Property Plant And Equipment	146M	159M	160M	171M	204M
Accumulated Depreciation	-83.14M	-94.82M	-105M	-113M	-124M
Net Property Plant And Equipment	62.92M	64.67M	55.25M	57.96M	79.33M
Other Intangibles, Total	766K	5.7M	5.64M	5.87M	10.31M
Other Current Assets, Total	37.4M	10.21M	19.25M	26.41M	16.32M
Deferred Tax Assets Long-Term (Collected)	69.41M	57.32M	74.01M	84.92M	93.15M
Other Long-Term Assets, Total	6.31M	7.37M	6.89M	8.03M	6.7M
Total Assets	4.85B	4.44B	4.98B	5.07B	6.15B
Liabilities
Accounts Payable, Total	5.23M	7.47M	8.47M	8.88M	12.59M
Accrued Expenses, Total	16.57M	18.31M	18.26M	17.6M	23.95M
Short-Term Borrowings	529M	803M	743M	649M	780M
Current Portion of Long-Term Debt	1.4B	852M	817M	983M	908M
Current Portion of Leases	8.92M	8M	8.74M	9.02M	9.46M
Long-Term Debt	963M	771M	1.38B	1.36B	1.45B
Long-Term Leases	20.18M	30.83M	25.67M	28.12M	36.13M
Current Income Taxes Payable	11.08M	14.13M	12.37M	11.43M	22.69M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	18.72M	17.8M	19.68M	13.52M	43.44M
Pension & Other Post Retirement Benefits	34.9M	36.13M	36.06M	33.81M	43.2M
Deferred Tax Liability Non-Current	10.55M	10.38M	20.87M	23.36M	29.8M
Total Liabilities	3.02B	2.57B	3.09B	3.14B	3.36B
Common Stock, Total	1.11B	1.11B	1.11B	1.11B	1.66B
Additional Paid In Capital	280M	280M	280M	280M	446M
Retained Earnings	401M	441M	461M	501M	632M
Comprehensive Income and Other	42.75M	42.75M	42.75M	42.75M	42.75M
Total Common Equity	1.83B	1.87B	1.89B	1.93B	2.79B
Total Equity	1.83B	1.87B	1.89B	1.93B	2.79B
Total Liabilities And Equity	4.85B	4.44B	4.98B	5.07B	6.15B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.11B	1.11B	1.11B	1.11B	1.66B
ECS Total Common Shares Outstanding	1.11B	1.11B	1.11B	1.11B	1.66B
Book Value / Share	1.65	1.69	1.71	1.74	1.67
Tangible Book Value	1.83B	1.87B	1.89B	1.93B	2.78B
Tangible Book Value Per Share	1.65	1.68	1.7	1.74	1.67
Total Debt	2.92B	2.47B	2.97B	3.03B	3.19B
Debt Equivalent of Unfunded Proj. Benefit Obligation	34.9M	36.13M	36.06M	33.81M	43.2M
Net Debt	2.87B	2.43B	2.94B	2.99B	3.15B
Equity Method Investments, Total	70.01M	59.91M	65.86M	67.51M	57.16M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	194M	185M	108M	62.03M	138M
Depreciation, Depletion & Amortization	20.59M	17.06M	14.61M	12.34M	14.25M
Total Depreciation, Depletion & Amortization	20.59M	17.06M	14.61M	12.34M	14.25M
Amortization of Deferred Charges, Total	51.63M	40.07M	41.27M	49.78M	52.08M
(Gain) Loss On Sale of Asset - (CF)	-22.61M	-20.04M	15.3M	2M	7.14M
(Gain) Loss on Sale of Investments - (CF)	2.02M	-	-	-	-
Total Asset Writedown	5.1M	-59.23K	-	-25.59K	-
Provision for Credit Losses	-22.58M	36.78M	86.45M	128M	123M
(Income) Loss On Equity Investments - (CF)	-6.57M	-7.91M	-5.95M	-1.65M	-1.17M
Change in Accounts Payable	-2.58M	2.15M	2.95M	-5.93M	33.6M
Change in Other Net Operating Assets (Collected)	1.04B	197M	-770M	-242M	-1.23B
Other Operating Activities	39.23M	13.11M	-12.83M	-10.81M	11.91M
Cash from Operations	1.3B	463M	-520M	-6.34M	-851M
Capital Expenditure	-4.68M	-2.94M	-2.95M	-5.15M	-15.5M
Sale of Property, Plant, and Equipment	397K	2.35M	2.26M	1.16M	421K
Purchase / Sale of Intangible Assets	-66.41K	-5.3M	-779K	-1.18M	-5.4M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	26M	146M	97.5M	-	11.52M
Cash from Investing	21.65M	140M	96.03M	-5.16M	-8.97M
Short Term Debt Issued, Total	1.08B	2.76B	3.42B	50M	172M
Long-Term Debt Issued, Total	580M	730M	1.62B	1.12B	1.51B
Total Debt Issued	1.66B	3.49B	5.04B	1.17B	1.68B
Short Term Debt Repaid, Total	-1.06B	-2.48B	-3.48B	-145M	-40M
Long-Term Debt Repaid, Total	-1.82B	-1.48B	-1.05B	-984M	-1.5B
Total Debt Repaid	-2.88B	-3.96B	-4.53B	-1.13B	-1.54B
Issuance of Common Stock	3.25K	-	-	3.12K	722M
Common Dividends Paid	-111M	-144M	-88.7M	-22.18M	-
Common & Preferred Stock Dividends Paid	-111M	-144M	-88.7M	-22.18M	-
Other Financing Activities, Total	899K	-	-	-	-
Cash from Financing	-1.32B	-620M	417M	19.18M	859M
Net Change in Cash	613K	-17.7M	-6.34M	7.68M	-853K
Supplemental Items
Cash Interest Paid	128M	91.22M	121M	157M	116M
Cash Income Tax Paid (Refund)	9.91M	29.33M	34.12M	24.86M	28.11M
Net Debt Issued / Repaid	-1.21B	-476M	506M	41.36M	137M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.59	3.97	2.3	1.23	2.46
Return On Equity %	10.83	9.96	5.75	3.24	5.85
Return on Common Equity	10.83	9.96	5.75	3.24	5.85
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	58.48	53.66	70.72	81.79	67.17
Income From Continuing Operations Margin %	33.94	38.71	24.69	14.89	25.74
Net Income Margin %	33.94	38.71	24.69	14.89	25.74
Net Avail. For Common Margin %	33.94	38.71	24.69	14.89	25.74
Normalized Net Income Margin	26.67	30	19.15	11.63	20.65
Asset Turnover
Asset Turnover	0.11	0.1	0.09	0.08	0.1
Short Term Liquidity
Current Ratio	2.33	2.47	2.93	2.86	3.28
Quick Ratio	2.31	2.46	2.92	2.85	3.27
Operating Cash Flow to Current Liabilities	0.65	0.27	-0.32	-0	-0.47
Long Term Solvency
Total Debt/Equity	159.38	131.65	157.16	156.76	114.37
Total Debt / Total Capital	61.45	56.83	61.11	61.05	53.35
LT Debt/Equity	53.66	42.82	74.22	71.88	53.41
Long-Term Debt / Total Capital	20.69	18.48	28.86	28	24.92
Total Liabilities / Total Assets	62.22	57.84	62.02	61.89	54.68
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10.89	-16.6	-8.08	-4.94	28.63
Gross Profit, 1 Yr. Growth %	10.89	-16.6	-8.08	-4.94	28.63
Earnings From Cont. Operations, 1 Yr. Growth %	214.55	-4.87	-41.37	-42.68	122.4
Net Income, 1 Yr. Growth %	214.55	-4.87	-41.37	-42.68	122.4
Normalized Net Income, 1 Yr. Growth %	218	-6.16	-41.33	-42.27	128.44
Diluted EPS Before Extra, 1 Yr. Growth %	214.55	-11.07	-37.29	-42.68	55.99
Common Equity, 1 Yr. Growth %	4.72	2.21	1.06	2.11	44.18
Total Assets, 1 Yr. Growth %	-18.72	-8.4	12.16	1.76	21.26
Tangible Book Value, 1 Yr. Growth %	5.03	1.94	1.06	2.1	44.08
Cash From Operations, 1 Yr. Growth %	-5.87	-64.47	-212.34	-98.78	13.32K
Capital Expenditures, 1 Yr. Growth %	20.72	-37.18	0.31	74.46	201.08
Dividend Per Share, 1 Yr. Growth %	-20	25	-50	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.42	-3.83	-12.44	-6.52	10.58
Gross Profit, 2 Yr. CAGR %	2.42	-3.83	-12.44	-6.52	10.58
Earnings From Cont. Operations, 2 Yr. CAGR %	22.12	72.98	-25.32	-42.03	12.91
Net Income, 2 Yr. CAGR %	22.12	72.98	-25.32	-42.03	12.91
Normalized Net Income, 2 Yr. CAGR %	23.42	72.74	-25.8	-41.8	14.84
Diluted EPS Before Extra, 2 Yr. CAGR %	22.12	67.25	-25.32	-40.04	-5.44
Common Equity, 2 Yr. CAGR %	-1.42	3.45	1.63	1.58	21.33
Total Assets, 2 Yr. CAGR %	-19.15	-13.71	1.36	6.83	11.08
Tangible Book Value, 2 Yr. CAGR %	-1.28	3.47	1.5	1.58	21.29
Cash From Operations, 2 Yr. CAGR %	25.52	-42.17	-36.83	-88.29	27.94
Capital Expenditures, 2 Yr. CAGR %	-59.89	-12.91	-20.61	32.29	129.18
Dividend Per Share, 2 Yr. CAGR %	-	0	-20.94	-	-36.75
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.65	-4.36	-5.27	-10.01	3.97
Gross Profit, 3 Yr. CAGR %	7.65	-4.36	-5.27	-10.01	3.97
Earnings From Cont. Operations, 3 Yr. CAGR %	10.9	12.37	20.61	-31.62	-9.25
Net Income, 3 Yr. CAGR %	10.9	12.37	20.61	-31.62	-9.25
Normalized Net Income, 3 Yr. CAGR %	11.52	12.64	20.53	-31.75	-8.19
Diluted EPS Before Extra, 3 Yr. CAGR %	9.99	9.87	20.61	-31.62	-17.54
Common Equity, 3 Yr. CAGR %	1.39	-0.23	2.65	1.79	14.16
Total Assets, 3 Yr. CAGR %	-8.81	-15.72	-5.83	1.49	11.44
Tangible Book Value, 3 Yr. CAGR %	1.4	-0.22	2.66	1.7	14.13
Cash From Operations, 3 Yr. CAGR %	-11.74	-17.59	-27.84	-83.05	22.51
Capital Expenditures, 3 Yr. CAGR %	-34.04	-53.42	-8.71	3.21	74.01
Dividend Per Share, 3 Yr. CAGR %	-	-	-20.63	-	-41.52
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	20.62	5.64	-0.89	-5.23	0.78
Gross Profit, 5 Yr. CAGR %	20.62	5.64	-0.89	-5.23	0.78
Earnings From Cont. Operations, 5 Yr. CAGR %	50.62	7.47	-5.33	-13.77	17.47
Net Income, 5 Yr. CAGR %	50.62	7.47	-5.33	-13.77	17.47
Normalized Net Income, 5 Yr. CAGR %	41.55	7.39	-5.25	-13.5	18.22
Diluted EPS Before Extra, 5 Yr. CAGR %	39.52	2.52	-5.79	-13.77	9.42
Common Equity, 5 Yr. CAGR %	10.65	6.28	1.49	0.49	9.75
Total Assets, 5 Yr. CAGR %	13.78	1.74	-4.87	-7.33	0.6
Tangible Book Value, 5 Yr. CAGR %	10.64	6.23	1.44	0.5	9.74
Cash From Operations, 5 Yr. CAGR %	22.17	-19.24	-22.79	-62.25	-9.27
Capital Expenditures, 5 Yr. CAGR %	-6.4	-26.5	-28.96	-29.28	31.93
Dividend Per Share, 5 Yr. CAGR %	9.86	20.11	-	-	-27.52