Cash flow Ratchthani Leasing

Stocks

THANI

TH0697010Z03

Consumer Lending

End-of-day quote Thailand S.E. 2026-09-28			5-day change	1st Jan Change
2.120 ^THB	-1.85%		-2.75%	+21.84%

09-24	Ratchthani Leasing Public Company Limited Announces Interim Dividend for the Operating Period from January 1, 2026 to June 30, 2026, Payable on October 22, 2026	CI
08-07	Ratchthani Leasing Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

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Published financial data: RATCHTHANI LEASING

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Interest and Dividend Income, Total	3.43B	3.51B	3.67B	3.36B	2.87B
Interest Expense, Total	913M	926M	1.17B	1.21B	993M
Net Interest Income	2.52B	2.59B	2.5B	2.15B	1.88B
Commission and Fees	380M	469M	439M	384M	344M
Other Revenues, Total	417M	464M	491M	483M	516M
Revenues Before Provison For Loan Losses	3.31B	3.52B	3.43B	3.02B	2.74B
Provision For Loan Losses	586M	555M	1.05B	1.11B	813M
Total Revenues	2.73B	2.96B	2.38B	1.91B	1.93B
Cost of Services Provided, Total	585M	774M	737M	868M	655M
Other Operating Expenses	-	-	-	-	-197M
Total Operating Expenses	585M	774M	737M	868M	459M
Operating Income	2.14B	2.19B	1.64B	1.04B	1.47B
EBT, Excl. Unusual Items	2.14B	2.19B	1.64B	1.04B	1.47B
EBT, Incl. Unusual Items	2.14B	2.19B	1.64B	1.04B	1.47B
Income Tax Expense	434M	436M	354M	239M	323M
Earnings From Continuing Operations	1.71B	1.75B	1.29B	800M	1.15B
Net Income to Company	1.71B	1.75B	1.29B	800M	1.15B
Minority Interest	-10.74K	-12.78K	-11.69K	-8.4K	-7.36K
Net Income - (IS)	1.71B	1.75B	1.29B	800M	1.15B
Net Income to Common Incl Extra Items	1.71B	1.75B	1.29B	800M	1.15B
Net Income to Common Excl. Extra Items	1.71B	1.75B	1.29B	800M	1.15B
Per Share Items
Net EPS - Basic	0.27	0.28	0.21	0.13	0.18
Basic EPS - Continuing Operations	0.27	0.28	0.21	0.13	0.18
Basic Weighted Average Shares Outstanding	6.23B	6.23B	6.23B	6.23B	6.23B
Net EPS - Diluted	0.27	0.28	0.21	0.13	0.18
Diluted EPS - Continuing Operations	0.27	0.28	0.21	0.13	0.18
Diluted Weighted Average Shares Outstanding	6.23B	6.23B	6.23B	6.23B	6.23B
Normalized Basic EPS	0.21	0.22	0.16	0.1	0.15
Normalized Diluted EPS	0.21	0.22	0.16	0.1	0.15
Dividend Per Share	0.15	0.15	0.02	0.07	0.11
Payout Ratio	56.33	54.92	74.81	14.15	37.99
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Total Revenues (As Reported)	4.23B	4.44B	4.6B	4.23B	3.73B
Effective Tax Rate - (Ratio)	20.23	19.93	21.59	22.96	21.94
Current Domestic Taxes	480M	496M	-	-	-
Total Current Taxes	480M	496M	470M	414M	290M
Deferred Domestic Taxes	-46.38M	-59.31M	-	-	-
Total Deferred Taxes	-46.38M	-59.31M	-116M	-175M	32.61M
Normalized Net Income	1.34B	1.37B	1.03B	649M	919M
Non-Cash Pension Expense	909K	1.06M	1.29M	1.52M	1.68M

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Assets
Cash And Equivalents	476M	650M	1.43B	3.69B	1.21B
Long-Term Investments - (FS Template)	-	-	-	-	-
Loans and Lease Receivables - (FS Template)	47.91B	52.1B	52.38B	45.67B	38.56B
Other Receivables	81.27M	76.8M	71.89M	64.77M	56.31M
Gross Property Plant And Equipment	202M	229M	228M	224M	270M
Accumulated Depreciation	-122M	-136M	-136M	-145M	-159M
Net Property Plant And Equipment	79.82M	92.2M	91.34M	79.07M	111M
Other Intangibles, Total	31.8M	33.22M	26.18M	20.89M	15M
Other Current Assets, Total	199M	406M	591M	797M	246M
Deferred Tax Assets Long-Term (Collected)	422M	480M	596M	773M	741M
Other Long-Term Assets, Total	22.78M	69.86M	67.55M	65.53M	28.74M
Total Assets	49.22B	53.91B	55.26B	51.16B	40.97B
Liabilities
Accrued Expenses, Total	253M	259M	229M	199M	153M
Short-Term Borrowings	9.4B	9.94B	7.12B	7.26B	4.92B
Current Portion of Long-Term Debt	8.39B	6.17B	10.02B	11.06B	9.67B
Current Portion of Leases	5.43M	5.95M	6.43M	5.58M	6.18M
Long-Term Debt	18.84B	24.46B	24.58B	18.67B	11.58B
Long-Term Leases	6.81M	10.15M	15.95M	12.05M	14.3M
Current Income Taxes Payable	244M	246M	202M	169M	96.05M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	479M	420M	363M	371M	401M
Pension & Other Post Retirement Benefits	32.83M	30.93M	38.53M	53.14M	58.41M
Total Liabilities	37.66B	41.55B	42.57B	37.8B	26.9B
Common Stock, Total	5.66B	5.66B	5.66B	6.23B	6.23B
Additional Paid In Capital	320M	320M	320M	320M	320M
Retained Earnings	5.58B	6.38B	6.7B	6.81B	7.53B
Total Common Equity	11.57B	12.36B	12.68B	13.36B	14.07B
Minority Interest	11.08K	13.11K	7.51K	6.48K	5.43K
Total Equity	11.57B	12.36B	12.68B	13.36B	14.07B
Total Liabilities And Equity	49.22B	53.91B	55.26B	51.16B	40.97B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	6.23B	6.23B	6.23B	6.23B	6.23B
ECS Total Common Shares Outstanding	6.23B	6.23B	6.23B	6.23B	6.23B
Book Value / Share	1.86	1.98	2.04	2.15	2.26
Tangible Book Value	11.53B	12.33B	12.66B	13.34B	14.06B
Tangible Book Value Per Share	1.85	1.98	2.03	2.14	2.26
Total Debt	36.65B	40.59B	41.74B	37.01B	26.19B
Debt Equivalent of Unfunded Proj. Benefit Obligation	32.83M	30.93M	38.52M	53.14M	58.41M
Net Debt	36.17B	39.94B	40.31B	33.32B	24.97B

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Net Income	1.71B	1.75B	1.29B	800M	1.15B
Depreciation, Depletion & Amortization	22.58M	17.11M	19.62M	18.55M	18.57M
Total Depreciation, Depletion & Amortization	22.58M	17.11M	19.62M	18.55M	18.57M
Amortization of Deferred Charges, Total	4.27M	8.18M	9.11M	9.57M	9.53M
(Gain) Loss On Sale of Asset - (CF)	2.99M	92.28M	51.63M	182M	-198M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	586M	555M	1.05B	1.11B	813M
Change in Other Net Operating Assets (Collected)	-2.08B	-5.41B	-1.97B	4.93B	6.85B
Other Operating Activities	1.16B	1.17B	1.34B	1.29B	1.19B
Cash from Operations	1.4B	-1.81B	1.79B	8.34B	9.83B
Capital Expenditure	-712K	-23.46M	-3.08M	-2.18M	-4.42M
Sale of Property, Plant, and Equipment	137K	954K	4.66M	282K	897K
Purchase / Sale of Intangible Assets	-13.08M	-9.67M	-2.06M	-4.28M	-3.64M
Sale (Purchase) of Real Estate Properties (Collected)	-	-42.07M	-	-	-
Investment in Marketable and Equity Securities, Total	188K	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-13.47M	-74.24M	-487K	-6.18M	-7.17M
Short Term Debt Issued, Total	3.95B	437M	-	8.91M	-
Long-Term Debt Issued, Total	6.49B	11.78B	10.13B	5.49B	2.5B
Total Debt Issued	10.44B	12.22B	10.13B	5.5B	2.5B
Short Term Debt Repaid, Total	-	-	-2.98B	-	-2.44B
Long-Term Debt Repaid, Total	-10.63B	-8.42B	-6.12B	-10.39B	-10.99B
Total Debt Repaid	-10.63B	-8.42B	-9.1B	-10.39B	-13.43B
Common Dividends Paid	-963M	-963M	-963M	-113M	-436M
Common & Preferred Stock Dividends Paid	-963M	-963M	-963M	-113M	-436M
Other Financing Activities, Total	-804M	-776M	-1.07B	-1.07B	-928M
Cash from Financing	-1.96B	2.06B	-1B	-6.08B	-12.3B
Net Change in Cash	-568M	174M	782M	2.26B	-2.48B
Supplemental Items
Cash Interest Paid	804M	776M	1.07B	1.07B	928M
Cash Income Tax Paid (Refund)	486M	494M	514M	447M	363M
Net Debt Issued / Repaid	-192M	3.8B	1.03B	-4.89B	-10.94B

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Profitability
Return on Assets	3.5	3.4	2.36	1.5	2.49
Return On Equity %	15.27	14.65	10.28	6.14	8.37
Return on Common Equity	15.27	14.65	10.28	6.14	8.37
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	21.44	26.11	30.98	45.52	33.98
Income From Continuing Operations Margin %	62.67	59.16	54.12	41.97	59.51
Net Income Margin %	62.67	59.16	54.12	41.97	59.5
Net Avail. For Common Margin %	62.67	59.16	54.12	41.97	59.5
Normalized Net Income Margin	49.1	46.18	43.14	34.05	47.64
Asset Turnover
Asset Turnover	0.06	0.06	0.04	0.04	0.04
Short Term Liquidity
Current Ratio	2.59	3.12	3.04	2.63	2.63
Quick Ratio	2.58	3.1	3	2.59	2.61
Operating Cash Flow to Current Liabilities	0.07	-0.11	0.1	0.44	0.65
Long Term Solvency
Total Debt/Equity	316.84	328.4	329.07	276.91	186.06
Total Debt / Total Capital	76.01	76.66	76.69	73.47	65.04
LT Debt/Equity	162.93	197.98	193.9	139.76	82.39
Long-Term Debt / Total Capital	39.09	46.21	45.19	37.08	28.8
Total Liabilities / Total Assets	76.5	77.07	77.04	73.88	65.65
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.68	8.63	-19.74	-19.82	1.17
Gross Profit, 1 Yr. Growth %	-4.68	8.63	-19.74	-19.82	1.17
Earnings From Cont. Operations, 1 Yr. Growth %	-8.12	2.55	-26.58	-37.82	43.44
Net Income, 1 Yr. Growth %	-8.12	2.55	-26.58	-37.82	43.44
Normalized Net Income, 1 Yr. Growth %	-7.79	2.16	-25.03	-36.71	41.56
Diluted EPS Before Extra, 1 Yr. Growth %	-25.02	2.55	-26.58	-37.82	43.44
Common Equity, 1 Yr. Growth %	6.91	6.87	2.62	5.35	5.31
Total Assets, 1 Yr. Growth %	1.45	9.52	2.5	-7.41	-19.92
Tangible Book Value, 1 Yr. Growth %	6.85	6.87	2.69	5.41	5.37
Cash From Operations, 1 Yr. Growth %	-76.31	-229.24	-198.43	367.04	17.91
Capital Expenditures, 1 Yr. Growth %	-90.75	3.2K	-86.87	-29.22	102.93
Dividend Per Share, 1 Yr. Growth %	0	0	-88.22	284.62	57.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.18	1.76	-6.63	-19.78	-9.93
Gross Profit, 2 Yr. CAGR %	-5.18	1.76	-6.63	-19.78	-9.93
Earnings From Cont. Operations, 2 Yr. CAGR %	-6.7	-2.93	-13.23	-32.43	-5.56
Net Income, 2 Yr. CAGR %	-6.7	-2.93	-13.23	-32.43	-5.56
Normalized Net Income, 2 Yr. CAGR %	-6.73	-2.94	-12.48	-31.12	-5.35
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.82	-12.31	-13.23	-32.43	-5.56
Common Equity, 2 Yr. CAGR %	22.79	6.89	4.72	3.98	5.33
Total Assets, 2 Yr. CAGR %	-1.64	5.41	5.95	-2.58	-13.89
Tangible Book Value, 2 Yr. CAGR %	22.76	6.86	4.76	4.04	5.39
Cash From Operations, 2 Yr. CAGR %	156.15	-44.66	12.79	114.41	134.67
Capital Expenditures, 2 Yr. CAGR %	-52.73	74.64	108.02	-69.52	19.85
Dividend Per Share, 2 Yr. CAGR %	-27.12	0	-65.68	-32.69	145.84
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.2	-0.78	-5.98	-11.25	-13.33
Gross Profit, 3 Yr. CAGR %	2.2	-0.78	-5.98	-11.25	-13.33
Earnings From Cont. Operations, 3 Yr. CAGR %	1.37	-3.72	-11.56	-22.35	-13.16
Net Income, 3 Yr. CAGR %	1.37	-3.72	-11.56	-22.35	-13.16
Normalized Net Income, 3 Yr. CAGR %	1.46	-3.86	-10.94	-21.44	-12.42
Diluted EPS Before Extra, 3 Yr. CAGR %	-11.44	-15.89	-17.35	-22.35	-13.16
Common Equity, 3 Yr. CAGR %	17.15	17.24	5.45	4.93	4.42
Total Assets, 3 Yr. CAGR %	1.17	1.95	4.43	1.3	-8.74
Tangible Book Value, 3 Yr. CAGR %	17.07	17.22	5.45	4.97	4.48
Cash From Operations, 3 Yr. CAGR %	-35.47	103.93	-32.95	81.12	75.66
Capital Expenditures, 3 Yr. CAGR %	-54.7	94.56	-26.3	45.22	-42.66
Dividend Per Share, 3 Yr. CAGR %	-9.85	-19.02	-50.98	-23.2	-10.71
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.08	9.28	-1.43	-8.87	-7.58
Gross Profit, 5 Yr. CAGR %	12.08	9.28	-1.43	-8.87	-7.58
Earnings From Cont. Operations, 5 Yr. CAGR %	14.17	9.26	-4.74	-16.43	-9.2
Net Income, 5 Yr. CAGR %	14.17	9.26	-4.74	-16.43	-9.2
Normalized Net Income, 5 Yr. CAGR %	14.22	9.26	-4.36	-15.86	-8.75
Diluted EPS Before Extra, 5 Yr. CAGR %	5.54	0.75	-12.16	-22.94	-12.82
Common Equity, 5 Yr. CAGR %	18.22	17.04	12.01	11.74	5.4
Total Assets, 5 Yr. CAGR %	8.09	6.42	3.06	0.11	-3.33
Tangible Book Value, 5 Yr. CAGR %	18.2	17.02	11.98	11.76	5.42
Cash From Operations, 5 Yr. CAGR %	-6.56	-14.49	-19.32	108.06	10.67
Capital Expenditures, 5 Yr. CAGR %	-56.43	43.48	-16.66	-7.31	-10.48
Dividend Per Share, 5 Yr. CAGR %	4.8	54.77	-38.74	-24.79	-6.57