Income Statement Green Resources

Stocks

GREEN

TH0876A10Y05

Real Estate Development & Operations

End-of-day quote Thailand S.E. Other stock markets 2026-08-07			5-day change	1st Jan Change
0.7100 ^THB	-1.39%		-1.39%	+14.52%

08-07	Green Resources Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-08	Green Resources Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: GREEN RESOURCES

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	121M	121M	115M	106M	110M
Other Revenues, Total	-	-	12.22M	-	-
Total Revenues	121M	121M	127M	106M	110M
Cost of Goods Sold, Total	73.19M	75.36M	68.66M	58.89M	65.84M
Gross Profit	48.09M	45.36M	58.83M	47.23M	44.17M
Selling General & Admin Expenses, Total	36.48M	38.19M	35.88M	36.59M	37.91M
Provision for Bad Debts	-20.89M	-	-	-	-
Other Operating Expenses	-	-14.07M	38.64M	-	-
Other Operating Expenses, Total	15.59M	24.12M	74.52M	36.59M	37.91M
Operating Income	32.5M	21.24M	-15.69M	10.64M	6.26M
Interest Expense, Total	-12.55M	-12.02M	-15.3M	-13.25M	-10.55M
Interest And Investment Income	29.12M	19.46M	-	13.53M	11.8M
Net Interest Expenses	16.57M	7.44M	-15.3M	276K	1.24M
Income (Loss) On Equity Invest.	-	-	-	-	-58K
Other Non Operating Income (Expenses)	1.56M	2.17M	-	532K	669K
EBT, Excl. Unusual Items	50.63M	30.85M	-30.98M	11.45M	8.11M
Gain (Loss) On Sale Of Investments	-23.13M	-37.46M	-	-5.32M	-47.91M
Gain (Loss) On Sale Of Assets	19.42M	-	-	-23K	13K
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	46.92M	-6.61M	-30.98M	6.1M	-39.78M
Income Tax Expense	-187K	-172K	-260K	-116K	1.47M
Earnings From Continuing Operations	47.1M	-6.44M	-30.72M	6.22M	-41.25M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	47.1M	-6.44M	-30.72M	6.22M	-41.25M
Minority Interest	-	-	-	-	-
Net Income - (IS)	47.1M	-6.44M	-30.72M	6.22M	-41.25M
Net Income to Common Incl Extra Items	47.1M	-6.44M	-30.72M	6.22M	-41.25M
Net Income to Common Excl. Extra Items	47.1M	-6.44M	-30.72M	6.22M	-41.25M
Per Share Items
Net EPS - Basic	0.06	-0.01	-0.04	0.01	-0.05
Basic EPS - Continuing Operations	0.06	-0.01	-0.04	0.01	-0.05
Basic Weighted Average Shares Outstanding	818M	818M	818M	818M	818M
Net EPS - Diluted	0.06	-0.01	-0.04	0.01	-0.05
Diluted EPS - Continuing Operations	0.06	-0.01	-0.04	0.01	-0.05
Diluted Weighted Average Shares Outstanding	818M	818M	818M	818M	818M
Normalized Basic EPS	0.04	0.02	-0.02	0.01	0.01
Normalized Diluted EPS	0.04	0.02	-0.02	0.01	0.01
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	66.28M	54.11M	20.19M	42.54M	38.35M
EBITA	32.5M	21.24M	-15.69M	10.64M	6.26M
EBIT	32.5M	21.24M	-15.69M	10.64M	6.26M
Total Revenues (As Reported)	148M	165M	127M	120M	122M
Effective Tax Rate - (Ratio)	-0.4	2.6	0.84	-1.9	-3.7
Current Domestic Taxes	-	-	-	-	1.69M
Total Current Taxes	-	-	-	-	1.69M
Deferred Domestic Taxes	-	-	-	-	-219K
Total Deferred Taxes	-187K	-172K	-	-116K	-219K
Normalized Net Income	31.64M	19.28M	-19.36M	7.16M	5.07M
Interest on Long-Term Debt	12.55M	12.02M	-	13.25M	10.55M
Non-Cash Pension Expense	25K	29K	73K	88K	92K
Supplemental Operating Expense Items
Selling and Marketing Expenses	1.24M	2.08M	1.16M	1.37M	873K
General and Administrative Expenses	35.24M	36.11M	34.72M	35.22M	37.03M
Maintenance & Repair Expenses, Total	6.39M	7.86M	-	7.82M	5.71M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	16.24M	33.89M	55.74M	32.84M	23.83M
Short Term Investments	-	-	-	-	191K
Trading Asset Securities, Total	159M	147M	-	168M	146M
Total Cash And Short Term Investments	175M	181M	55.74M	200M	170M
Accounts Receivable, Total	17.18M	17.75M	35.35M	19.94M	20.7M
Other Receivables	25M	19.89M	-	13.1M	10.63M
Notes Receivable	40M	40M	40M	40M	40M
Total Receivables	82.18M	77.64M	75.35M	73.04M	71.33M
Inventory	-	-	-	-	2.22M
Prepaid Expenses	3.54M	3.72M	-	-	-
Other Current Assets, Total	74.76M	53.61M	160M	19.16M	16.74M
Total Current Assets	335M	316M	291M	293M	260M
Gross Property Plant And Equipment	718M	719M	-	730M	727M
Accumulated Depreciation	-127M	-158M	-	-217M	-244M
Net Property Plant And Equipment	591M	561M	537M	513M	482M
Long-term Investments	34.32M	69.87M	66.04M	52.54M	47.68M
Other Intangibles, Total	441K	385K	28.38M	355K	311K
Accounts Receivable Long-Term	9.69M	7.28M	5.09M	3.13M	1.07M
Loans Receivable Long-Term	21.7M	242K	-	-	-
Deferred Tax Assets Long-Term	617K	789K	1.05M	1.16M	1.41M
Deferred Charges Long-Term	31.11M	29.58M	-	26.52M	24.99M
Other Long-Term Assets, Total	125M	120M	116M	127M	119M
Total Assets	1.15B	1.11B	1.04B	1.02B	937M
Liabilities
Accounts Payable, Total	1.3M	1.4M	7.24M	1.1M	4.26M
Accrued Expenses, Total	1.01M	2.11M	-	1.59M	1.75M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	34.66M	34.42M	35.14M	36.29M	37.44M
Current Portion of Leases	2.54M	2.48M	2.56M	3M	2.85M
Current Income Taxes Payable	-	-	-	-	471K
Unearned Revenue Current, Total	-	1.76M	-	978K	3.37M
Other Current Liabilities	6.62M	2.49M	-	3.23M	3.37M
Total Current Liabilities	46.14M	44.65M	44.94M	46.18M	53.52M
Long-Term Debt	248M	214M	179M	143M	98.24M
Long-Term Leases	48.2M	46.28M	44.27M	43.67M	41.8M
Pension & Other Post Retirement Benefits	2.24M	2.19M	2.83M	3.57M	4.28M
Other Non Current Liabilities	-	-	6.5M	6.74M	8.31M
Total Liabilities	345M	307M	278M	243M	206M
Common Stock, Total	818M	818M	818M	818M	818M
Additional Paid In Capital	624M	624M	624M	624M	624M
Retained Earnings	-637M	-643M	-674M	-669M	-710M
Comprehensive Income and Other	-585K	-585K	-585K	-585K	-585K
Total Common Equity	805M	798M	767M	773M	731M
Minority Interest	-	-	-	-	-
Total Equity	805M	798M	767M	773M	731M
Total Liabilities And Equity	1.15B	1.11B	1.04B	1.02B	937M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	818M	818M	818M	818M	818M
ECS Total Common Shares Outstanding	818M	818M	818M	818M	818M
Book Value / Share	0.98	0.98	0.94	0.95	0.89
Tangible Book Value	804M	798M	739M	773M	731M
Tangible Book Value Per Share	0.98	0.98	0.9	0.94	0.89
Total Debt	334M	297M	261M	226M	180M
Net Debt	159M	116M	205M	25.32M	10.55M
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.24M	2.19M	2.83M	3.57M	4.28M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	-	-	-	-	13.12M
Account Code - Inventory Valuation	3	3	-	3	3
Land - (BS)	23.38M	23.38M	-	23.38M	23.38M
Buildings, Total	35.16M	35.16M	-	35.16M	35.16M
Machinery, Total	596M	596M	-	608M	607M
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	31.18M	31.11M	-	31.09M	31.09M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	47.1M	-6.44M	-30.72M	6.22M	-41.25M
Depreciation & Amortization - CF	36.47M	35.61M	35.88M	34.84M	35.22M
Depreciation & Amortization, Total	36.47M	35.61M	35.88M	34.84M	35.22M
Amortization of Deferred Charges, Total - (CF)	1.58M	1.6M	-	1.61M	1.58M
(Gain) Loss From Sale Of Asset	423K	-127K	629K	800K	27K
(Gain) Loss on Sale of Investments - (CF)	3.72M	37.46M	38.64M	5.32M	47.91M
Asset Writedown & Restructuring Costs	-862K	-92K	835K	-485K	2.72M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	58K
Provision and Write-off of Bad Debts	-20.89M	-14.07M	-4K	4K	10K
Other Operating Activities, Total	-16.92M	-7.7M	3.54M	-314K	-1.43M
Change In Accounts Receivable	26.79M	20.8M	8.22M	4.22M	3.75M
Change In Inventories	18.52M	21.16M	14.44M	2.81M	-2.22M
Change In Accounts Payable	-181K	1.34M	280K	-1.1M	6.47M
Change in Unearned Revenues	-	-	-	-	-
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	95.76M	89.54M	71.73M	53.93M	52.84M
Capital Expenditure	-1.26M	-1.31M	-569K	-1.56M	-660K
Sale of Property, Plant, and Equipment	7K	-	-	7K	4.92M
Cash Acquisitions	-	-	-	-	-
Divestitures	100K	-	-	-	-
Sale (Purchase) of Intangible assets	-91K	-17K	-25K	-110K	-
Investment in Marketable and Equity Securities, Total	-134M	-61.23M	-10.08M	-37.23M	-21.44M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-10M	20M	-	0	-
Other Investing Activities, Total	25.46M	19.15M	10.72M	12.27M	11.94M
Cash from Investing	-120M	-23.42M	43K	-26.62M	-5.24M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	75M	-	-	-	-
Total Debt Issued	75M	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-36.56M	-36.63M	-35.9M	-37.23M	-46.11M
Total Debt Repaid	-36.56M	-36.63M	-35.9M	-37.23M	-46.11M
Issuance of Common Stock	-	-	-	-	-
Other Financing Activities, Total	-12.55M	-11.83M	-14.03M	-12.98M	-10.5M
Cash from Financing	25.88M	-48.46M	-49.92M	-50.21M	-56.61M
Net Change in Cash	1.99M	17.66M	21.85M	-22.9M	-9.01M
Supplemental Items
Cash Interest Paid	12.55M	11.83M	-	12.98M	10.5M
Cash Income Tax Paid (Refund)	652K	576K	-	331K	1.85M
Levered Free Cash Flow	69.06M	65.96M	61.89M	53.82M	41.7M
Unlevered Free Cash Flow	76.9M	73.48M	71.45M	62.1M	48.29M
Change In Net Working Capital	-19.89M	-24.32M	-45.98M	-20.66M	-8.24M
Net Debt Issued / Repaid	38.44M	-36.63M	-35.9M	-37.23M	-46.11M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.84	1.18	-0.91	0.65	0.4
Return on Total Capital	1.86	1.19	-0.92	0.66	0.41
Return On Equity %	6.03	-0.8	-3.93	0.81	-5.48
Return on Common Equity	6.03	-0.8	-3.93	0.81	-5.48
Margin Analysis
Gross Profit Margin %	39.65	37.57	46.14	44.51	40.15
SG&A Margin	30.08	31.63	28.14	34.48	34.46
EBITDA Margin %	54.65	44.83	15.83	40.09	34.86
EBITA Margin %	26.79	17.6	-12.31	10.03	5.69
EBIT Margin %	26.79	17.6	-12.31	10.03	5.69
Income From Continuing Operations Margin %	38.84	-5.33	-24.1	5.86	-37.5
Net Income Margin %	38.84	-5.33	-24.1	5.86	-37.5
Net Avail. For Common Margin %	38.84	-5.33	-24.1	5.86	-37.5
Normalized Net Income Margin	26.09	15.97	-15.19	6.74	4.61
Levered Free Cash Flow Margin	56.94	54.64	48.55	50.71	37.9
Unlevered Free Cash Flow Margin	63.41	60.87	56.04	58.52	43.9
Asset Turnover
Asset Turnover	0.11	0.11	0.12	0.1	0.11
Fixed Assets Turnover	0.2	0.21	0.23	0.2	0.22
Receivables Turnover (Average Receivables)	5.58	6.91	3.01	5.73	5.41
Short Term Liquidity
Current Ratio	7.27	7.07	6.48	6.34	4.86
Quick Ratio	4.71	4.89	2.03	5.06	3.76
Operating Cash Flow to Current Liabilities	2.08	2.01	1.6	1.17	0.99
Days Sales Outstanding (Average Receivables)	65.45	52.81	121.46	63.9	67.43
Average Days Payable Outstanding	7.68	6.54	39.87	7.73	-
Long Term Solvency
Total Debt/Equity	41.45	37.21	34.03	29.2	24.66
Total Debt / Total Capital	29.3	27.12	25.39	22.6	19.78
LT Debt/Equity	36.83	32.59	29.12	24.12	19.15
Long-Term Debt / Total Capital	26.03	23.75	21.73	18.67	15.36
Total Liabilities / Total Assets	29.99	27.77	26.58	23.91	21.99
EBIT / Interest Expense	2.59	1.77	-1.03	0.8	0.59
EBITDA / Interest Expense	5.5	4.73	1.32	3.43	3.93
(EBITDA - Capex) / Interest Expense	5.39	4.62	1.28	3.31	3.87
Total Debt / EBITDA	4.84	5.22	12.93	4.96	4.35
Net Debt / EBITDA	2.3	2.04	10.17	0.56	0.25
Total Debt / (EBITDA - Capex)	4.93	5.35	13.31	5.14	4.42
Net Debt / (EBITDA - Capex)	2.34	2.09	10.47	0.58	0.26
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-10.24	-0.46	-22.58	-7.94	3.67
Gross Profit, 1 Yr. Growth %	-6.87	-5.68	-34.13	1.34	-6.49
EBITDA, 1 Yr. Growth %	35.9	-18.29	-52.64	3.7	-9.85
EBITA, 1 Yr. Growth %	121.1	-34.52	-390.05	-0.77	-41.17
EBIT, 1 Yr. Growth %	121.1	-34.52	-390.05	-0.77	-41.17
Earnings From Cont. Operations, 1 Yr. Growth %	263.81	-113.67	377.15	-120.24	-763.18
Net Income, 1 Yr. Growth %	589.53	-113.67	377.15	-120.24	-763.18
Normalized Net Income, 1 Yr. Growth %	1.99K	-39.01	368.67	49.61	-29.14
Diluted EPS Before Extra, 1 Yr. Growth %	589.58	-113.67	377.17	-120.24	-763.24
Accounts Receivable, 1 Yr. Growth %	-34.7	3.32	-14.53	16.58	3.8
Net Property, Plant and Equip., 1 Yr. Growth %	-4.41	-5.11	-4.17	-4.5	-5.97
Total Assets, 1 Yr. Growth %	8.24	-3.85	-5.45	-2.76	-7.73
Tangible Book Value, 1 Yr. Growth %	6.22	-0.8	-3.83	0.76	-5.4
Common Equity, 1 Yr. Growth %	6.22	-0.8	-3.89	0.77	-5.4
Cash From Operations, 1 Yr. Growth %	42.98	-6.5	-19.89	-24.82	-2.02
Capital Expenditures, 1 Yr. Growth %	1.22K	4.45	-56.7	173.29	-77.04
Levered Free Cash Flow, 1 Yr. Growth %	189.98	-4.43	-168.12	-73.17	-20.73
Unlevered Free Cash Flow, 1 Yr. Growth %	149.15	-4.41	-185.73	-70.45	-20.68
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-1.47	-5.48	2.53	-19.72	-2.31
Gross Profit, 2 Yr. CAGR %	-13.22	-6.27	10.6	-27.28	-2.65
EBITDA, 2 Yr. CAGR %	11.04	5.34	-44.79	-0.09	-3.31
EBITA, 2 Yr. CAGR %	30.24	20.22	-30.46	40.27	-23.6
EBIT, 2 Yr. CAGR %	30.24	20.22	-30.46	40.27	-23.6
Earnings From Cont. Operations, 2 Yr. CAGR %	94.62	-29.48	-19.24	-1.72	15.87
Net Income, 2 Yr. CAGR %	242.56	-2.91	-19.24	-1.72	15.87
Normalized Net Income, 2 Yr. CAGR %	620.77	256.86	-21.73	31.61	2.96
Diluted EPS Before Extra, 2 Yr. CAGR %	242.59	-2.91	-19.24	-1.72	15.87
Accounts Receivable, 2 Yr. CAGR %	2.4	-17.86	43.44	-30.56	10
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.71	-4.76	-4.64	-4.34	-5.24
Total Assets, 2 Yr. CAGR %	3.18	2.02	-4.65	-4.12	-5.28
Tangible Book Value, 2 Yr. CAGR %	3.46	2.65	-4.15	0.29	-2.36
Common Equity, 2 Yr. CAGR %	3.46	2.65	-2.36	-1.59	-2.36
Cash From Operations, 2 Yr. CAGR %	33.24	15.63	-13.45	-22.39	-14.17
Capital Expenditures, 2 Yr. CAGR %	-2.82	271.91	-32.75	8.78	7.7
Levered Free Cash Flow, 2 Yr. CAGR %	22.72	66.43	-5.31	-23.04	-54.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	20.28	54.29	-3.59	-13.68	-52.06
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.85	-1.13	-1.92	-4.35	-12.58
Gross Profit, 3 Yr. CAGR %	-1.26	-10.78	4.44	-0.6	-20.92
EBITDA, 3 Yr. CAGR %	31.97	0.22	-25.47	-13.72	-3.46
EBITA, 3 Yr. CAGR %	89.78	3.51	2.2	-31.03	5
EBIT, 3 Yr. CAGR %	89.78	3.51	2.2	-31.03	5
Earnings From Cont. Operations, 3 Yr. CAGR %	234.61	-19.7	33.38	-49.08	85.72
Net Income, 3 Yr. CAGR %	163.29	17.06	65.07	-49.08	85.72
Normalized Net Income, 3 Yr. CAGR %	101.25	216.33	133.86	-39.05	7.07
Diluted EPS Before Extra, 3 Yr. CAGR %	163.31	17.07	65.07	-49.08	85.73
Accounts Receivable, 3 Yr. CAGR %	-0.4	2.71	10.35	5.1	-20.6
Net Property, Plant and Equip., 3 Yr. CAGR %	-2.82	-2.2	-4.56	-4.59	-4.88
Total Assets, 3 Yr. CAGR %	0.54	0.78	-0.54	-4.03	-5.34
Tangible Book Value, 3 Yr. CAGR %	2.39	2.02	-0.81	-1.32	-1.64
Common Equity, 3 Yr. CAGR %	2.4	2.02	0.42	-1.33	-2.87
Cash From Operations, 3 Yr. CAGR %	106.79	18.41	2.31	-17.42	-16.12
Capital Expenditures, 3 Yr. CAGR %	-85.65	-0.45	81.61	7.32	-20.51
Levered Free Cash Flow, 3 Yr. CAGR %	-43.87	12.89	37.49	-7.96	-22.86
Unlevered Free Cash Flow, 3 Yr. CAGR %	-41.67	11.4	32.29	-6.87	-16.63
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-22.71	17.87	-1.96	-3.21	-4.03
Gross Profit, 5 Yr. CAGR %	14.03	19.84	3.32	-5.85	-3.08
EBITDA, 5 Yr. CAGR %	-7.55	1.89	-6.88	-4.57	-4.69
EBITA, 5 Yr. CAGR %	-20.37	-17.52	26.97	-11.09	-15.69
EBIT, 5 Yr. CAGR %	-20.37	-17.52	26.97	-11.09	-15.69
Earnings From Cont. Operations, 5 Yr. CAGR %	-17	-35.61	89.5	-12.94	26.08
Net Income, 5 Yr. CAGR %	-15.01	-35.61	64.12	9.15	43.28
Normalized Net Income, 5 Yr. CAGR %	-13.73	-11.15	37.91	63.68	27.35
Diluted EPS Before Extra, 5 Yr. CAGR %	-20.56	-37.32	64.12	9.16	43.28
Accounts Receivable, 5 Yr. CAGR %	48.33	42.4	15.25	4.01	-4.68
Net Property, Plant and Equip., 5 Yr. CAGR %	68.61	35.98	-3.55	-3.06	-4.83
Total Assets, 5 Yr. CAGR %	9.37	10.6	-1.57	-1.21	-2.46
Tangible Book Value, 5 Yr. CAGR %	2.65	4.21	-0.28	0.56	-0.7
Common Equity, 5 Yr. CAGR %	2.66	4.22	0.47	0.56	-0.7
Cash From Operations, 5 Yr. CAGR %	-17.42	22.24	45.95	-0	-4.63
Capital Expenditures, 5 Yr. CAGR %	4.03	-6.85	-73.39	3.14	47.35
Levered Free Cash Flow, 5 Yr. CAGR %	1.04	-1.87	-30.82	3.25	11.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.13	0.26	-28.69	3.16	9.37