Income Statement Interroyal Engineering Thailand S.E.

Stocks

IROYAL-W1-R

THC242056AR0

Business Support Services

End-of-day quote Thailand S.E. 2026-09-14			5-day change	1st Jan Change
0.8900 ^THB	-6.32%		-31.01%	-31.54%

09-08	Interroyal Engineering Gets Board Nod to Form Financial Services Subsidiary	MT
09-08	Interroyal Engineering Public Company Limited Announces Establishment of A New Subsidiary Company	CI

275641f675f400bc864.slTVdQct17lOzP-0PH7BCxmB17HuR8sZjzTiTTAw8Ck.wCeeMUwUtoAr-8juChaofEvDg_KBFbIh2H-LKHJ_yWvFHboNQBWUzXmLxw

Published financial data: INTERROYAL ENGINEERING

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Revenues	190M	115M	279M	177M	474M
Other Revenues, Total	7.08M	2.44M	1.35M	12.73M	13.72M
Total Revenues	197M	117M	280M	189M	488M
Cost of Goods Sold, Total	130M	63.56M	165M	87.82M	287M
Gross Profit	67.14M	53.42M	116M	102M	201M
Selling General & Admin Expenses, Total	22.67M	18.09M	24.84M	29.19M	31.68M
Other Operating Expenses, Total	22.67M	18.09M	24.84M	29.19M	31.68M
Operating Income	44.47M	35.33M	90.72M	72.33M	170M
Interest Expense, Total	-	-253K	-79.05K	-49.4K	-1.03M
Net Interest Expenses	-	-253K	-79.05K	-49.4K	-1.03M
Currency Exchange Gains (Loss)	-	-	-	1.99M	-1.21M
EBT, Excl. Unusual Items	44.47M	35.08M	90.64M	74.27M	167M
EBT, Incl. Unusual Items	44.47M	35.08M	90.64M	74.27M	167M
Income Tax Expense	9.1M	7.14M	18.42M	15.13M	31.95M
Earnings From Continuing Operations	35.36M	27.94M	72.22M	59.13M	135M
Net Income to Company	35.36M	27.94M	72.22M	59.13M	135M
Minority Interest	-21.71M	-6.51M	-	-	-
Net Income - (IS)	13.65M	21.43M	72.22M	59.13M	135M
Net Income to Common Incl Extra Items	13.65M	21.43M	72.22M	59.13M	135M
Net Income to Common Excl. Extra Items	13.65M	21.43M	72.22M	59.13M	135M
Per Share Items
Net EPS - Basic	1.45	1.61	0.42	0.33	0.59
Basic EPS - Continuing Operations	1.45	1.61	0.42	0.33	0.59
Basic Weighted Average Shares Outstanding	9.39M	13.28M	172M	182M	230M
Net EPS - Diluted	1.45	1.61	0.42	0.33	0.59
Diluted EPS - Continuing Operations	1.45	1.61	0.42	0.33	0.59
Diluted Weighted Average Shares Outstanding	9.39M	13.28M	172M	182M	230M
Normalized Basic EPS	0.65	1.16	0.33	0.26	0.45
Normalized Diluted EPS	0.65	1.16	0.33	0.26	0.45
Dividend Per Share	-	52.64	0.1	-	0.43
Payout Ratio	58.6	224.12	62.68	159.98	-
Supplemental Items
EBITDA	45.08M	35.98M	91.01M	72.48M	170M
EBITA	44.47M	35.33M	90.72M	72.33M	170M
EBIT	44.47M	35.33M	90.72M	72.33M	170M
Total Revenues (As Reported)	197M	117M	280M	191M	487M
Effective Tax Rate - (Ratio)	20.47	20.36	20.32	20.38	19.09
Normalized Net Income	6.08M	15.41M	56.65M	46.42M	105M
Non-Cash Pension Expense	69.8K	75.95K	85.84K	98.48K	112K
Supplemental Operating Expense Items
Selling and Marketing Expenses	10.76M	2.25M	2.6M	2.58M	4.14M
General and Administrative Expenses	11.92M	15.84M	22.24M	26.61M	27.54M

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Assets
Cash And Equivalents	15.57M	57.44M	91.64M	121M	92.72M
Short Term Investments	-	-	-	383M	309M
Total Cash And Short Term Investments	15.57M	57.44M	91.64M	504M	402M
Accounts Receivable, Total	47.6M	11.71M	54.1M	38M	27.49M
Other Receivables	4.78M	3.56M	1.28M	827K	8.83M
Notes Receivable	-	-	-	-	50M
Total Receivables	52.38M	15.27M	55.39M	38.83M	86.33M
Inventory	15.91M	81.84M	35.68M	197M	66.43M
Prepaid Expenses	1.61M	136K	380K	266K	737K
Other Current Assets, Total	4.9M	4.5M	3.58M	152K	584K
Total Current Assets	90.38M	159M	187M	740M	556M
Gross Property Plant And Equipment	7.54M	9.17M	9.05M	10.49M	13.82M
Accumulated Depreciation	-6.48M	-7.51M	-7.96M	-8.47M	-8.7M
Net Property Plant And Equipment	1.06M	1.66M	1.09M	2.02M	5.12M
Long-term Investments	-	-	-	-	119M
Other Intangibles, Total	10.8K	153K	136K	82.43K	82.02K
Deferred Tax Assets Long-Term	379K	428K	491K	592K	666K
Other Long-Term Assets, Total	11.05M	9.77M	9.79M	11.27M	12.98M
Total Assets	103M	171M	198M	754M	694M
Liabilities
Accounts Payable, Total	4.91M	18.89M	1.06M	13.4M	6.18M
Accrued Expenses, Total	7.99M	961K	2.66M	13.79M	4.88M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	-	461K	491K	409K	252K
Current Income Taxes Payable	5.65M	3.53M	12.47M	1.17M	20.55M
Unearned Revenue Current, Total	7.18M	6.57M	15.91M	224M	23.01M
Other Current Liabilities	1.56M	2.49M	500K	506K	222K
Total Current Liabilities	27.29M	32.9M	33.1M	253M	55.1M
Long-Term Leases	-	1.01M	522K	1.44M	4.45M
Pension & Other Post Retirement Benefits	1.89M	2.14M	2.46M	2.79M	3.15M
Total Liabilities	29.18M	36.06M	36.07M	258M	62.7M
Common Stock, Total	3M	86M	86M	115M	115M
Additional Paid In Capital	-	-	-	340M	340M
Retained Earnings	23.1M	44.53M	71.48M	36.01M	171M
Comprehensive Income and Other	-	4.61M	4.61M	4.61M	4.61M
Total Common Equity	26.1M	135M	162M	496M	631M
Minority Interest	47.59M	-	-	-	-
Total Equity	73.69M	135M	162M	496M	631M
Total Liabilities And Equity	103M	171M	198M	754M	694M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.39M	172M	172M	230M	230M
ECS Total Common Shares Outstanding	9.39M	172M	172M	230M	230M
Book Value / Share	2.78	0.79	0.94	2.16	2.75
Tangible Book Value	26.09M	135M	162M	496M	631M
Tangible Book Value Per Share	2.78	0.78	0.94	2.16	2.75
Total Debt	0	1.47M	1.01M	1.85M	4.7M
Net Debt	-15.57M	-55.96M	-90.62M	-502M	-397M
Minority Interest, Total (Incl. Fin. Div)	47.59M	-	-	-	-
Account Code - Inventory Valuation	-	3	3	3	3
Inventories - Work In Process, Total	7.21M	43.29M	9.79M	5.41M	42.59M
Inventories - Finished Goods, Total	1.35M	12.19M	16.87M	166M	9.31M
Machinery, Total	7.54M	7.73M	7.61M	7.73M	7.79M
Full Time Employees	-	14	-	-	-

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Net Income	13.65M	21.43M	72.22M	59.13M	135M
Depreciation & Amortization - CF	612K	1.02M	640K	514K	610K
Depreciation & Amortization, Total	612K	1.02M	640K	514K	610K
Amortization of Deferred Charges, Total - (CF)	3.2K	28.28K	37.28K	38.02K	39.81K
(Gain) Loss From Sale Of Asset	-96.84K	-	-5.58K	-	-24.85K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-24.39K	-7.87M
Asset Writedown & Restructuring Costs	-	-	-	20.25K	-
Other Operating Activities, Total	27.4M	5.98M	9.19M	-12.16M	15.47M
Change In Accounts Receivable	-30.09M	19.59M	-23.02M	670K	12.74M
Change In Inventories	14.28M	-46.93M	28.82M	-145M	120M
Change In Accounts Payable	-78.56M	7.24M	-16.58M	23.23M	-16.13M
Change in Unearned Revenues	-	-	9.35M	208M	-201M
Change in Other Net Operating Assets	-7.67M	-1.04M	853K	2.58M	-603K
Cash from Operations	-60.47M	7.32M	81.5M	137M	58.29M
Capital Expenditure	-240K	-191K	-109K	-115K	-452K
Sale of Property, Plant, and Equipment	97K	-	46.73K	-	35.05K
Cash Acquisitions	-	-	-1.47M	-	-
Sale (Purchase) of Intangible assets	-	-170K	-20.25K	-4.81K	-49.59K
Investment in Marketable and Equity Securities, Total	-	-	-	-382M	-35M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-50M
Other Investing Activities, Total	-122K	-14.48K	-17.71K	-89.39K	-669K
Cash from Investing	-265K	-376K	-1.57M	-382M	-86.14M
Short Term Debt Issued, Total	75.47M	73.22M	-	-	-
Total Debt Issued	75.47M	73.22M	-	-	-
Short Term Debt Repaid, Total	-86.5M	-73.22M	-	-	-
Long-Term Debt Repaid, Total	-	-57.3K	-461K	-491K	-409K
Total Debt Repaid	-86.5M	-73.28M	-461K	-491K	-409K
Issuance of Common Stock	-	83M	-	369M	-
Common Dividends Paid	-8M	-48.02M	-45.27M	-94.6M	-
Common & Preferred Stock Dividends Paid	-8M	-48.02M	-45.27M	-94.6M	-
Other Financing Activities, Total	-2M	-	-	-	-
Cash from Financing	-21.02M	34.92M	-45.73M	274M	-409K
Net Change in Cash	-81.76M	41.87M	34.2M	29.35M	-28.26M
Supplemental Items
Cash Interest Paid	-	-	79.05K	49.4K	131K
Cash Income Tax Paid (Refund)	3.57M	8.17M	10.84M	27.93M	12.65M
Levered Free Cash Flow	-69.33M	834K	64.09M	125M	-10.83M
Unlevered Free Cash Flow	-69.33M	992K	64.14M	125M	-10.18M
Change In Net Working Capital	97.5M	21.78M	-6.89M	-79.51M	116M
Net Debt Issued / Repaid	-11.02M	-57.3K	-461K	-491K	-409K

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Profitability
Return on Assets	20.47	16.11	30.7	9.5	14.64
Return on Total Capital	41.78	21	37.84	13.68	18.69
Return On Equity %	57.96	26.75	48.6	17.97	24.01
Return on Common Equity	61.28	26.58	48.6	17.97	24.01
Margin Analysis
Gross Profit Margin %	34.12	45.67	41.21	53.62	41.23
SG&A Margin	11.52	15.46	8.86	15.42	6.49
EBITDA Margin %	22.91	30.76	32.46	38.28	34.78
EBITA Margin %	22.6	30.2	32.36	38.2	34.74
EBIT Margin %	22.6	30.2	32.36	38.2	34.74
Income From Continuing Operations Margin %	17.97	23.88	25.76	31.23	27.74
Net Income Margin %	6.94	18.32	25.76	31.23	27.74
Net Avail. For Common Margin %	6.94	18.32	25.76	31.23	27.74
Normalized Net Income Margin	3.09	13.18	20.21	24.52	21.43
Levered Free Cash Flow Margin	-35.23	0.71	22.86	66.08	-2.22
Unlevered Free Cash Flow Margin	-35.23	0.85	22.87	66.1	-2.09
Asset Turnover
Asset Turnover	1.45	0.85	1.52	0.4	0.67
Fixed Assets Turnover	157.46	85.97	203.43	121.78	136.7
Receivables Turnover (Average Receivables)	5.08	3.86	8.48	3.83	14.49
Inventory Turnover (Average Inventory)	6.63	1.3	2.81	0.76	2.18
Short Term Liquidity
Current Ratio	3.31	4.84	5.64	2.92	10.09
Quick Ratio	2.49	2.21	4.44	2.14	7.95
Operating Cash Flow to Current Liabilities	-2.22	0.22	2.46	0.54	1.06
Days Sales Outstanding (Average Receivables)	71.89	94.5	43.05	95.44	25.2
Days Outstanding Inventory (Average Inventory)	55.04	280.65	130.11	484.27	167.41
Average Days Payable Outstanding	130.15	33.55	30.69	10.63	22.82
Cash Conversion Cycle (Average Days)	-3.22	341.59	142.48	569.07	169.79
Long Term Solvency
Total Debt/Equity	-	1.09	0.62	0.37	0.74
Total Debt / Total Capital	-	1.08	0.62	0.37	0.74
LT Debt/Equity	-	0.75	0.32	0.29	0.7
Long-Term Debt / Total Capital	-	0.74	0.32	0.29	0.7
Total Liabilities / Total Assets	28.36	21.06	18.2	34.19	9.03
EBIT / Interest Expense	-	139.66	1.15K	1.46K	164.44
EBITDA / Interest Expense	-	143.71	1.16K	1.47K	165.03
(EBITDA - Capex) / Interest Expense	-	142.95	1.15K	1.47K	164.59
Total Debt / EBITDA	-	0.04	0.01	0.03	0.03
Net Debt / EBITDA	-0.35	-1.54	-0.99	-6.89	-2.33
Total Debt / (EBITDA - Capex)	-	0.04	0.01	0.03	0.03
Net Debt / (EBITDA - Capex)	-0.35	-1.55	-0.99	-6.9	-2.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	60.72	-40.55	139.68	-32.43	157.81
Gross Profit, 1 Yr. Growth %	132.52	-20.43	116.32	-12.01	98.25
EBITDA, 1 Yr. Growth %	-	-20.18	152.89	-20.2	134.23
EBITA, 1 Yr. Growth %	-5.81K	-20.54	156.76	-20.13	134.48
EBIT, 1 Yr. Growth %	-5.81K	-20.54	156.76	-20.13	134.48
Earnings From Cont. Operations, 1 Yr. Growth %	-3.59K	-21	158.52	-18.12	128.96
Net Income, 1 Yr. Growth %	-331.76	56.95	237.07	-18.12	128.96
Normalized Net Income, 1 Yr. Growth %	-213.32	153.57	267.53	-18.07	125.33
Diluted EPS Before Extra, 1 Yr. Growth %	-346.72	11.04	-73.98	-22.56	81.03
Accounts Receivable, 1 Yr. Growth %	75.45	-75.39	361.95	-29.76	-27.65
Inventory, 1 Yr. Growth %	-31.4	414.44	-56.41	451.38	-66.23
Net Property, Plant and Equip., 1 Yr. Growth %	-26.73	57.49	-34.4	84.76	153.99
Total Assets, 1 Yr. Growth %	-38.99	66.41	15.75	280.38	-7.91
Tangible Book Value, 1 Yr. Growth %	41.41	417.37	19.98	206.26	27.3
Common Equity, 1 Yr. Growth %	41.47	417.74	19.94	206.06	27.29
Cash From Operations, 1 Yr. Growth %	-	-112.11	1.01K	68.33	-57.36
Capital Expenditures, 1 Yr. Growth %	-	-20.42	-43.1	5.3	293.99
Levered Free Cash Flow, 1 Yr. Growth %	-	-101.2	7.58K	95.56	-108.66
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-101.43	6.36K	95.46	-108.14
Dividend Per Share, 1 Yr. Growth %	-	-	-99.81	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-2.25	19.37	27.22	31.99
Gross Profit, 2 Yr. CAGR %	-	36.02	31.19	37.85	32.08
EBITDA, 2 Yr. CAGR %	-	-	42.08	41.92	36.71
EBITA, 2 Yr. CAGR %	-	573.51	42.84	43.07	36.85
EBIT, 2 Yr. CAGR %	-	573.51	42.84	43.07	36.85
Earnings From Cont. Operations, 2 Yr. CAGR %	-	425.19	42.9	45.49	36.92
Net Income, 2 Yr. CAGR %	-	90.72	130.01	66.13	36.92
Normalized Net Income, 2 Yr. CAGR %	-	69.51	205.28	73.53	35.88
Diluted EPS Before Extra, 2 Yr. CAGR %	-	65.52	-46.25	-55.11	18.4
Accounts Receivable, 2 Yr. CAGR %	-	-34.29	6.62	80.13	-28.72
Inventory, 2 Yr. CAGR %	-	87.86	49.76	55.04	36.45
Net Property, Plant and Equip., 2 Yr. CAGR %	-	7.42	1.64	10.09	116.63
Total Assets, 2 Yr. CAGR %	-	0.77	38.79	109.83	87.16
Tangible Book Value, 2 Yr. CAGR %	-	170.49	149.14	91.69	97.45
Common Equity, 2 Yr. CAGR %	-	170.64	149.2	91.6	97.38
Cash From Operations, 2 Yr. CAGR %	-	-	16.09	332.91	-15.43
Capital Expenditures, 2 Yr. CAGR %	-	-	-32.71	-22.59	103.69
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-3.86	1.12K	-58.86
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-3.82	1.02K	-60.12
Dividend Per Share, 2 Yr. CAGR %	-	1.05K	-	-	107.36
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	31.81	-1.28	60.99
Gross Profit, 3 Yr. CAGR %	-	-	58.77	14.78	55.6
EBITDA, 3 Yr. CAGR %	-	-	-	17.15	67.72
EBITA, 3 Yr. CAGR %	-	-	388.36	17.6	68.68
EBIT, 3 Yr. CAGR %	-	-	388.36	17.6	68.68
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	314.67	18.69	69.23
Net Income, 3 Yr. CAGR %	-	-	130.59	63.01	84.88
Normalized Net Income, 3 Yr. CAGR %	-	-	119.4	96.92	89.32
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-10.67	-39.29	-28.55
Accounts Receivable, 3 Yr. CAGR %	-	-	25.87	-7.23	32.9
Inventory, 3 Yr. CAGR %	-	-	15.44	131.25	-6.72
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-8.86	24.05	45.47
Total Assets, 3 Yr. CAGR %	-	-	5.53	94.23	59.46
Tangible Book Value, 3 Yr. CAGR %	-	-	106.28	166.89	67.24
Common Equity, 3 Yr. CAGR %	-	-	106.34	166.87	67.18
Cash From Operations, 3 Yr. CAGR %	-	-	-	31.4	99.68
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-21.88	33.15
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	21.75	135.04
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	21.76	117.33
Dividend Per Share, 3 Yr. CAGR %	-	-	-37	-	-79.86
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	31.86
Gross Profit, 5 Yr. CAGR %	-	-	-	-	47.45
EBITA, 5 Yr. CAGR %	-	-	-	-	193.48
EBIT, 5 Yr. CAGR %	-	-	-	-	193.48
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	166.2
Net Income, 5 Yr. CAGR %	-	-	-	-	87.19
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	81.13
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-0.01
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	0.27
Inventory, 5 Yr. CAGR %	-	-	-	-	23.43
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	28.85
Total Assets, 5 Yr. CAGR %	-	-	-	-	32.71
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	102.7
Common Equity, 5 Yr. CAGR %	-	-	-	-	102.71
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	1.46