Income Statement Thai Wire Products Börse Stuttgart

Stocks

TH0163010Z14

Iron & Steel

Delayed Börse Stuttgart 04:31:02 2021-02-26 EST			5-day change	1st Jan Change
0.0590 ^EUR	-2.48%		-.--%	-

08-12	Thai Wire Products Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-14	Thai Wire Products Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: THAI WIRE PRODUCTS

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Revenues	2.13B	2.14B	1.77B	1.64B	1.46B
Total Revenues	2.13B	2.14B	1.77B	1.64B	1.46B
Cost of Goods Sold, Total	1.86B	2.08B	1.79B	1.61B	1.37B
Gross Profit	276M	58.21M	-11.07M	21.06M	90.08M
Selling General & Admin Expenses, Total	156M	143M	134M	131M	138M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	-	-	-	-37.77M	-30.24M
Other Operating Expenses, Total	156M	143M	134M	93.73M	108M
Operating Income	120M	-84.33M	-145M	-72.67M	-17.61M
Interest Expense, Total	-10.83M	-15.65M	-7.92M	-5.91M	-4.53M
Net Interest Expenses	-10.83M	-15.65M	-7.92M	-5.91M	-4.53M
Other Non Operating Income (Expenses)	42.37M	26.94M	42.84M	-	-
EBT, Excl. Unusual Items	151M	-73.04M	-110M	-78.58M	-22.14M
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	154K	-	92.65K	492K	483K
Asset Writedown	2.82M	8.9K	-1.03M	2.71M	77.57K
EBT, Incl. Unusual Items	154M	-73.03M	-111M	-75.38M	-21.58M
Income Tax Expense	-	-	-	-	-
Earnings From Continuing Operations	154M	-73.03M	-111M	-75.38M	-21.58M
Net Income to Company	154M	-73.03M	-111M	-75.38M	-21.58M
Net Income - (IS)	154M	-73.03M	-111M	-75.38M	-21.58M
Net Income to Common Incl Extra Items	154M	-73.03M	-111M	-75.38M	-21.58M
Net Income to Common Excl. Extra Items	154M	-73.03M	-111M	-75.38M	-21.58M
Per Share Items
Net EPS - Basic	0.57	-0.27	-0.42	-0.28	-0.08
Basic EPS - Continuing Operations	0.57	-0.27	-0.42	-0.28	-0.08
Basic Weighted Average Shares Outstanding	268M	267M	267M	267M	267M
Net EPS - Diluted	0.57	-0.27	-0.42	-0.28	-0.08
Diluted EPS - Continuing Operations	0.57	-0.27	-0.42	-0.28	-0.08
Diluted Weighted Average Shares Outstanding	268M	267M	267M	267M	267M
Normalized Basic EPS	0.35	-0.17	-0.26	-0.18	-0.05
Normalized Diluted EPS	0.35	-0.17	-0.26	-0.18	-0.05
Dividend Per Share	0.27	-	-	0.01	-
Payout Ratio	35.93	-22.23	-0.32	-0.09	-7.64
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	145M	-60.74M	-124M	-50.07M	4.52M
EBITA	120M	-84.33M	-145M	-72.67M	-17.61M
EBIT	120M	-84.33M	-145M	-72.67M	-17.61M
EBITDAR	146M	-59.56M	-123M	-49.67M	5.37M
Effective Tax Rate - (Ratio)	-	-	-	-	-
Normalized Net Income	94.48M	-45.65M	-69.06M	-49.11M	-13.84M
Interest on Long-Term Debt	5.3M	5.09M	4.85M	4.63M	4.38M
Non-Cash Pension Expense	1.77M	1.89M	1.48M	1.6M	1.62M
Supplemental Operating Expense Items
Selling and Marketing Expenses	75.92M	70.75M	66.17M	62.58M	64.56M
General and Administrative Expenses	80.28M	71.79M	68.17M	68.91M	73.38M
Net Rental Expense, Total	1.19M	1.18M	943K	403K	845K
Imputed Operating Lease Interest Expense	228K	292K	186K	67.13K	119K
Imputed Operating Lease Depreciation	960K	885K	757K	336K	726K

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Assets
Cash And Equivalents	85.09M	73.49M	52.44M	49.25M	102M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	85.09M	73.49M	52.44M	49.25M	102M
Accounts Receivable, Total	352M	291M	306M	256M	218M
Other Receivables	68.97M	3.09M	3.05M	31.02M	15.11M
Total Receivables	421M	294M	309M	287M	233M
Inventory	868M	816M	503M	479M	411M
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	117K	33.05M	17.89M	-	-
Total Current Assets	1.37B	1.22B	883M	816M	747M
Gross Property Plant And Equipment	1.46B	1.47B	1.52B	1.51B	1.45B
Accumulated Depreciation	-989M	-1.02B	-1.05B	-1.07B	-1.07B
Net Property Plant And Equipment	475M	450M	470M	438M	381M
Long-term Investments	25.9M	22.03M	21.91M	27.88M	33.55M
Other Intangibles, Total	-	-	-	-	-
Loans Receivable Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	466M	467M	466M	468M	466M
Total Assets	2.34B	2.16B	1.84B	1.75B	1.63B
Liabilities
Accounts Payable, Total	20.11M	153M	90.97M	27.09M	5.37M
Accrued Expenses, Total	-	-	-	-	-
Short-term Borrowings	359M	133M	9.61M	76.28M	-
Current Portion of Leases	11.98M	12.21M	12.45M	12.92M	12.76M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	34.96M	41.25M	33.27M	22.52M	52.06M
Total Current Liabilities	426M	339M	146M	139M	70.18M
Long-Term Leases	252M	243M	233M	223M	188M
Pension & Other Post Retirement Benefits	102M	95.22M	77.54M	72.8M	71.47M
Deferred Tax Liability Non Current	1.74M	966K	1.05M	2.25M	3.38M
Total Liabilities	781M	678M	458M	437M	333M
Common Stock, Total	270M	270M	252M	252M	267M
Additional Paid In Capital	340M	340M	340M	340M	340M
Retained Earnings	970M	891M	775M	700M	662M
Treasury Stock	-38.68M	-38.68M	-	-	-
Comprehensive Income and Other	19.08M	15.98M	16.33M	21.11M	25.65M
Total Common Equity	1.56B	1.48B	1.38B	1.31B	1.29B
Total Equity	1.56B	1.48B	1.38B	1.31B	1.29B
Total Liabilities And Equity	2.34B	2.16B	1.84B	1.75B	1.63B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	267M	267M	267M	267M	267M
ECS Total Common Shares Outstanding	267M	267M	267M	267M	267M
Book Value / Share	5.85	5.54	5.18	4.92	4.85
Tangible Book Value	1.56B	1.48B	1.38B	1.31B	1.29B
Tangible Book Value Per Share	5.85	5.54	5.18	4.92	4.85
Total Debt	622M	388M	255M	312M	200M
Net Debt	512M	293M	181M	235M	64.71M
Debt Equivalent Oper. Leases	9.51M	9.41M	7.55M	3.22M	6.76M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	679M	468M	257M	375M	279M
Inventories - Work In Process, Total	4.02M	6.47M	2.59M	3.04M	4.33M
Inventories - Finished Goods, Total	143M	332M	222M	80.53M	109M
Inventories - Others	65.99M	64.88M	54.3M	45.56M	42.95M
Buildings, Total	215M	215M	223M	223M	223M
Machinery, Total	931M	934M	972M	982M	949M
Accumulated Allowance for Doubtful Accounts (Supple)	56.91M	56.52M	56.53M	56.66M	57.71M

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Net Income	154M	-73.03M	-111M	-75.38M	-21.58M
Depreciation & Amortization - CF	39.4M	37.74M	35.38M	36.98M	36.52M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	39.4M	37.74M	35.38M	36.98M	36.52M
(Gain) Loss From Sale Of Asset	-154K	-362K	-123K	-492K	-483K
(Gain) Loss on Sale of Investments - (CF)	-4.83K	-3.14K	558K	-	-
Asset Writedown & Restructuring Costs	-2.82M	-8.9K	1.03M	-2.71M	-77.57K
Provision and Write-off of Bad Debts	-457K	-395K	64.42K	265K	1.2M
Other Operating Activities, Total	4.87M	67.84M	-31.3M	-22.42M	17.64M
Change In Accounts Receivable	-40.82M	61.38M	-14.96M	39.37M	52.8M
Change In Inventories	-389M	19.94M	332M	30.9M	74.1M
Change In Accounts Payable	-19.28M	136M	-65.04M	-65.06M	-22.81M
Change in Other Net Operating Assets	-13.81M	-2.98M	14.47M	177K	177K
Cash from Operations	-268M	246M	161M	-58.38M	137M
Capital Expenditure	-15.67M	-10.63M	-51.27M	-6.56M	-4.53M
Sale of Property, Plant, and Equipment	154K	47.16K	92.9K	493K	484K
Sale (Purchase) of Real Estate properties	-	1.65M	250K	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	2.34M	1.34M	2.76M	4.85M	8.21M
Cash from Investing	-13.17M	-7.59M	-48.17M	-1.22M	4.16M
Short Term Debt Issued, Total	359M	-	-	66.68M	-
Total Debt Issued	359M	-	-	66.68M	-
Short Term Debt Repaid, Total	-	-225M	-124M	-	-76.28M
Long-Term Debt Repaid, Total	-8.44M	-8.93M	-9.44M	-10.19M	-10.73M
Total Debt Repaid	-8.44M	-234M	-133M	-10.19M	-87.01M
Repurchase of Common Stock	-21.48M	-	-	-	-
Common Dividends Paid	-55.38M	-16.23M	-353K	-71.14K	-1.65M
Common & Preferred Stock Dividends Paid	-55.38M	-16.23M	-353K	-71.14K	-1.65M
Cash from Financing	273M	-250M	-133M	56.41M	-88.66M
Foreign Exchange Rate Adjustments	-8.95K	-12.72K	-19	-28	-124
Net Change in Cash	-8.02M	-11.6M	-21.06M	-3.19M	52.98M
Supplemental Items
Cash Interest Paid	10.51M	15.31M	8.06M	5.7M	4.38M
Cash Income Tax Paid (Refund)	1.56M	2.44M	959K	1.22M	1.27M
Levered Free Cash Flow	-370M	249M	132M	-29.35M	148M
Unlevered Free Cash Flow	-363M	259M	137M	-25.65M	151M
Change In Net Working Capital	462M	-285M	-243M	10.65M	-130M
Net Debt Issued / Repaid	350M	-234M	-133M	56.48M	-87.01M

Fiscal Period: December	2021 (THB)	2022 (THB)	2023 (THB)	2024 (THB)	2025 (THB)
Profitability
Return on Assets	3.5	-2.34	-4.55	-2.53	-0.65
Return on Total Capital	3.79	-2.6	-5.19	-2.78	-0.71
Return On Equity %	10.13	-4.81	-7.79	-5.59	-1.66
Return on Common Equity	10.13	-4.81	-7.79	-5.59	-1.66
Margin Analysis
Gross Profit Margin %	12.92	2.72	-0.62	1.29	6.18
SG&A Margin	7.32	6.65	7.57	8.04	9.47
EBITDA Margin %	6.79	-2.83	-7	-3.06	0.31
EBITA Margin %	5.6	-3.93	-8.19	-4.44	-1.21
EBIT Margin %	5.6	-3.93	-8.19	-4.44	-1.21
Income From Continuing Operations Margin %	7.22	-3.41	-6.28	-4.61	-1.48
Net Income Margin %	7.22	-3.41	-6.28	-4.61	-1.48
Net Avail. For Common Margin %	7.22	-3.41	-6.28	-4.61	-1.48
Normalized Net Income Margin	4.43	-2.13	-3.89	-3	-0.95
Levered Free Cash Flow Margin	-17.33	11.62	7.42	-1.79	10.15
Unlevered Free Cash Flow Margin	-17.01	12.08	7.69	-1.57	10.34
Asset Turnover
Asset Turnover	1	0.95	0.89	0.91	0.86
Fixed Assets Turnover	4.33	4.63	3.85	3.6	3.56
Receivables Turnover (Average Receivables)	6.44	6.67	5.94	5.82	6.14
Inventory Turnover (Average Inventory)	2.76	2.48	2.71	3.29	3.07
Short Term Liquidity
Current Ratio	3.23	3.59	6.03	5.88	10.64
Quick Ratio	1.19	1.08	2.47	2.43	4.78
Operating Cash Flow to Current Liabilities	-0.63	0.73	1.1	-0.42	1.96
Days Sales Outstanding (Average Receivables)	56.68	54.73	61.43	62.94	59.44
Days Outstanding Inventory (Average Inventory)	132.29	147.45	134.86	111.36	118.89
Average Days Payable Outstanding	5.48	15.52	30.19	13.59	4.56
Cash Conversion Cycle (Average Days)	183.48	186.67	166.1	160.71	173.77
Long Term Solvency
Total Debt/Equity	39.87	26.26	18.44	23.8	15.49
Total Debt / Total Capital	28.5	20.8	15.57	19.23	13.41
LT Debt/Equity	16.12	16.41	16.85	17.01	14.51
Long-Term Debt / Total Capital	11.53	13	14.22	13.74	12.56
Total Liabilities / Total Assets	33.36	31.46	24.87	24.98	20.45
EBIT / Interest Expense	11.05	-5.39	-18.36	-12.29	-3.89
EBITDA / Interest Expense	14.69	-2.98	-13.89	-6.04	4.17
(EBITDA - Capex) / Interest Expense	13.24	-3.66	-20.36	-7.14	3.17
Total Debt / EBITDA	3.91	-8.33	-2.32	-8.76	10.61
Net Debt / EBITDA	3.22	-6.29	-1.64	-6.59	3.42
Total Debt / (EBITDA - Capex)	4.34	-6.78	-1.58	-7.4	13.95
Net Debt / (EBITDA - Capex)	3.57	-5.12	-1.12	-5.57	4.5
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	29.92	0.4	-17.2	-7.83	-10.93
Gross Profit, 1 Yr. Growth %	170.12	-78.89	-119.02	-290.25	327.7
EBITDA, 1 Yr. Growth %	-12.68K	-141.91	104.45	-38.44	-109.03
EBITA, 1 Yr. Growth %	-474.5	-170.5	72.43	-29.15	-75.76
EBIT, 1 Yr. Growth %	-474.5	-170.5	72.43	-29.15	-75.76
Earnings From Cont. Operations, 1 Yr. Growth %	-1.3K	-147.38	52.59	-32.36	-71.37
Net Income, 1 Yr. Growth %	-1.3K	-147.38	52.59	-32.36	-71.37
Normalized Net Income, 1 Yr. Growth %	-1.26K	-148.27	51.19	-28.88	-71.82
Diluted EPS Before Extra, 1 Yr. Growth %	-1.37K	-147.6	52.59	-32.36	-71.37
Accounts Receivable, 1 Yr. Growth %	12.9	-17.16	5.12	-16.25	-14.94
Inventory, 1 Yr. Growth %	81.35	-6.03	-38.32	-4.83	-14.13
Net Property, Plant and Equip., 1 Yr. Growth %	-6.96	-5.25	4.48	-6.88	-13.03
Total Assets, 1 Yr. Growth %	21.23	-7.91	-14.59	-4.96	-7.03
Tangible Book Value, 1 Yr. Growth %	5.13	-5.29	-6.39	-5.1	-1.42
Common Equity, 1 Yr. Growth %	5.13	-5.29	-6.39	-5.1	-1.42
Cash From Operations, 1 Yr. Growth %	-217.02	-191.93	-34.85	-136.36	-335.51
Capital Expenditures, 1 Yr. Growth %	5.91	-32.17	382.45	-87.21	-30.91
Levered Free Cash Flow, 1 Yr. Growth %	-287.9	-167.35	-47.19	-118.53	-603.82
Unlevered Free Cash Flow, 1 Yr. Growth %	-283.33	-171.3	-47.27	-115.71	-687.43
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.65	14.21	-8.82	-12.64	-9.39
Gross Profit, 2 Yr. CAGR %	73.79	-24.49	-79.97	-39.85	185.25
EBITDA, 2 Yr. CAGR %	130.28	626.05	-7.43	-9.2	-76.42
EBITA, 2 Yr. CAGR %	41.24	62.49	10.25	-7.17	-58.56
EBIT, 2 Yr. CAGR %	41.24	62.49	10.25	-7.17	-58.56
Earnings From Cont. Operations, 2 Yr. CAGR %	189.27	138.31	-14.97	1.6	-55.99
Net Income, 2 Yr. CAGR %	189.27	138.31	-14.97	1.6	-55.99
Normalized Net Income, 2 Yr. CAGR %	353.18	137.14	-14.55	3.69	-55.24
Diluted EPS Before Extra, 2 Yr. CAGR %	198.65	145.93	-14.78	1.6	-55.99
Accounts Receivable, 2 Yr. CAGR %	0.54	-3.29	-6.68	-6.17	-15.6
Inventory, 2 Yr. CAGR %	17.79	30.54	-23.87	-23.38	-9.6
Net Property, Plant and Equip., 2 Yr. CAGR %	43.07	-6.11	-0.5	-1.36	-10.01
Total Assets, 2 Yr. CAGR %	14.15	5.66	-11.32	-9.91	-6
Tangible Book Value, 2 Yr. CAGR %	0.84	-0.22	-5.84	-5.75	-3.28
Common Equity, 2 Yr. CAGR %	0.84	-0.22	-5.84	-5.75	-3.28
Cash From Operations, 2 Yr. CAGR %	370.61	3.72	-22.61	-51.33	-7.47
Capital Expenditures, 2 Yr. CAGR %	102.45	-15.25	80.89	-21.44	-70.27
Levered Free Cash Flow, 2 Yr. CAGR %	225.79	12.5	-40.36	-65.68	-3.37
Unlevered Free Cash Flow, 2 Yr. CAGR %	238.21	14.33	-38.68	-68.52	-3.94
Dividend Per Share, 2 Yr. CAGR %	15.61	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.8	1.89	2.6	-8.49	-12.07
Gross Profit, 3 Yr. CAGR %	21.89	-13.94	-52.32	-57.58	15.66
EBITDA, 3 Yr. CAGR %	550.51	30.5	375.89	-29.83	-57.93
EBITA, 3 Yr. CAGR %	55.96	12.04	65.73	-15.31	-40.67
EBIT, 3 Yr. CAGR %	54.54	12.04	65.73	-15.31	-40.67
Earnings From Cont. Operations, 3 Yr. CAGR %	46.54	58.27	105.4	-21.21	-33.39
Net Income, 3 Yr. CAGR %	46.54	58.27	105.4	-21.21	-33.39
Normalized Net Income, 3 Yr. CAGR %	61.88	114.89	104.15	-19.62	-32.84
Diluted EPS Before Extra, 3 Yr. CAGR %	49.69	61.92	109.76	-21.09	-33.39
Accounts Receivable, 3 Yr. CAGR %	-3.33	-5.74	-0.56	-9.99	-9.19
Inventory, 3 Yr. CAGR %	8.84	9.24	1.67	-17.99	-20.42
Net Property, Plant and Equip., 3 Yr. CAGR %	22.2	24.7	-2.7	-2.68	-5.42
Total Assets, 3 Yr. CAGR %	6.53	6.26	-1.58	-9.25	-8.96
Tangible Book Value, 3 Yr. CAGR %	-1.1	-1.25	-2.32	-5.59	-4.33
Common Equity, 3 Yr. CAGR %	-1.12	-1.25	-2.32	-5.59	-4.33
Cash From Operations, 3 Yr. CAGR %	72.82	173.06	-11.18	-39.84	-17.68
Capital Expenditures, 3 Yr. CAGR %	-10.92	40.61	51.33	-25.19	-24.73
Levered Free Cash Flow, 3 Yr. CAGR %	88.96	92.64	-12.57	-57.03	-15.96
Unlevered Free Cash Flow, 3 Yr. CAGR %	90.9	101.29	-11.67	-58.66	-16.51
Dividend Per Share, 3 Yr. CAGR %	9.31	-	-	-71.58	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.26	2.82	-5.84	-4.19	-2.38
Gross Profit, 5 Yr. CAGR %	6.38	-22.5	-40.8	-25.43	-2.48
EBITDA, 5 Yr. CAGR %	14.85	-7.07	198.22	12.88	31.45
EBITA, 5 Yr. CAGR %	18.02	4.95	35.76	3.92	-11.22
EBIT, 5 Yr. CAGR %	18.42	5.23	35.01	3.92	-11.22
Earnings From Cont. Operations, 5 Yr. CAGR %	36.17	-1.95	17.87	32.55	10.91
Net Income, 5 Yr. CAGR %	36.17	-1.95	17.87	32.55	10.91
Normalized Net Income, 5 Yr. CAGR %	17.1	-2.22	25.4	60.58	11.26
Diluted EPS Before Extra, 5 Yr. CAGR %	37.92	-0.59	19.49	34.38	12.32
Accounts Receivable, 5 Yr. CAGR %	8.08	-0.8	-4.68	-5.91	-6.87
Inventory, 5 Yr. CAGR %	11.31	3.21	-5.66	-5.21	-3
Net Property, Plant and Equip., 5 Yr. CAGR %	13.65	10.76	12.56	13.54	-5.69
Total Assets, 5 Yr. CAGR %	6.7	1.55	-1	-0.53	-3.37
Tangible Book Value, 5 Yr. CAGR %	0.26	-1.62	-3.02	-3.07	-2.7
Common Equity, 5 Yr. CAGR %	0.22	-1.65	-3.04	-3.07	-2.7
Cash From Operations, 5 Yr. CAGR %	37.53	8.89	25.32	36.98	-9.71
Capital Expenditures, 5 Yr. CAGR %	-36.28	-23.56	18.26	11.4	-21.07
Levered Free Cash Flow, 5 Yr. CAGR %	30.35	3.42	19.13	-3.38	-5.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	30.18	4.42	21.2	-4.17	-5.32
Dividend Per Share, 5 Yr. CAGR %	36.64	-	-	-50.18	-