Make To Win Holding PCL

MTW · BK · Consumer Cyclical / Auto Manufacturers

0.86THB-0.02 (-2.27%)

Price History

Full chart

Market Stats

Previous Close0.88

Open0.88

Day Range0.85 – 0.91

52-Week Range0.5991 – 1.25

Volume658.60K

Market Cap791.33M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.02

Dividend Yield3.31%

Beta0.47

50-Day Avg0.9564

200-Day Avg0.848

About

Make To Win Holding Public Company Limited manufactures and distributes finished clothes in Thailand. It is also involved in manufacturing and distribution of electric motorcycles; electronic equipment and components for motorcycles; battery and electric accumulators; and Motorcycle loan granting. The company was founded in 1996 and is headquartered in Nakhon Pathom, Thailand.

Company Details

SectorConsumer Cyclical
IndustryAuto Manufacturers
CEOMs. Chunchit Tangphichayaphothiwat
Employees0
Headquarters9/70 Moo 3, Tumbon Om Yai, Nakhon Pathom, Thailand, 73160, Thailand
Websitehttps://www.maketowin.com

Leadership

Mr. Rattapoom ChairangsiChief Business Support Officer, Company Secretary & Director
Ms. Chunchit TangphichayaphothiwatChief Executive Officer
Ms. Thunsiree DanrungrojChief Financial Officer
Ladda KhamratChief Operating Officer
Mr. N. NutthakamolAccounting & Finance Manager
Yaowapha LertphongtaweeProduction Manager & Director

Financials

Income Statement

Currency: THB	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	131.26M	156.76M	173.92M	213.08M	249.75M	527.13M	290.12M	297.32M
Growth (%)	-	+19.43%	+10.94%	+22.52%	+17.21%	+111.06%	-44.96%	+2.48%
Cost of Revenue	91.37M	107.66M	122.49M	148.39M	182.08M	385.19M	228.05M	237.42M
Gross Profit	39.88M	49.10M	51.43M	64.69M	67.67M	141.94M	62.07M	59.90M
Gross Margin	30.39%	31.32%	29.57%	30.36%	27.09%	26.93%	21.39%	20.15%
Operating Expense	26.82M	28.76M	27.52M	30.11M	39.04M	56.00M	66.89M	78.15M
Operating Income	13.07M	20.34M	23.91M	34.58M	28.63M	85.94M	-4.82M	-18.25M
Operating Margin	9.96%	12.98%	13.75%	16.23%	11.46%	16.30%	-1.66%	-6.14%
EBITDA	24.72M	32.61M	36.21M	45.44M	37.68M	99.28M	14.68M	2.50M
EBITDA Margin	18.84%	20.80%	20.82%	21.33%	15.09%	18.83%	5.06%	0.84%
Net Income	8.54M	11.98M	17.35M	19.83M	19.37M	54.24M	-19.71M	-25.56M
Net Income Margin	6.50%	7.64%	9.97%	9.31%	7.76%	10.29%	-6.79%	-8.60%
Interest Expense	-	3.49M	2.27M	1.60M	3.09M	6.38M	16.02M	10.71M
Interest Expense % of Total Revenue	-	2.22%	1.31%	0.75%	1.24%	1.21%	5.52%	3.60%

Balance Sheet

Currency: THB	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	325.06M	351.15M	351.58M	384.80M	734.29M	950.85M	933.16M	1.04B
Total Liabilities	65.86M	67.75M	53.79M	60.06M	166.60M	317.91M	321.40M	256.82M
Total Equity	249.26M	261.05M	269.49M	289.94M	514.30M	568.49M	548.33M	701.56M
Cash	525.13K	7.73M	3.69M	9.87M	159.93M	835.99K	1.17M	3.75M
Total Debt	56.67M	56.22M	40.03M	45.48M	134.53M	278.38M	299.68M	224.66M
Net Debt	56.14M	48.49M	36.34M	35.61M	-25.40M	277.55M	298.51M	220.91M

Cash Flow

Currency: THB	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-10.44M	-2.63M	21.86M	7.20M	-44.29M	-138.63M	2.73M	53.88M
Investing Cash Flow	5.09M	10.35M	-3.62M	-4.78M	-129.03M	-151.37M	-5.88M	-11.99M
Financing Cash Flow	4.86M	-520.86K	-22.28M	3.76M	323.38M	130.78M	3.49M	-39.32M
Capital Expenditure	5.44M	530.87K	3.78M	5.28M	110.40M	151.37M	6.06M	2.27M
Free Cash Flow	-15.88M	-3.16M	18.08M	1.92M	-154.69M	-290.00M	-3.33M	51.61M
Dividends Paid	-	-	26.00M	0	50.97M	0	0	6.00M
FCF to OCF	152.11%	120.18%	82.69%	26.68%	349.28%	209.19%	-122.07%	95.79%
Dividend Paid to FCF	-	-	143.83%	0.00%	-32.95%	0.00%	0.00%	11.63%

Earnings

Report Date	Dec 31, 2022	Mar 31, 2023	Jun 30, 2023	Sep 30, 2023	Dec 31, 2023	Mar 31, 2024	Jun 30, 2024	Sep 30, 2024	Dec 31, 2024	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.02	0.03	0.02	0.02	0.02	0.01	-0.01	-0.02	-0.01	0.00	-0.01	-0.02	-0.01	-0.01	0.02
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap791.33M

Enterprise Value1.15B

Trailing P/E0.00

Forward P/E0.00

Price / Sales2.09

Price / Book1.21

EPS-0.02

Book Value0.808

Revenue (TTM)378.21M

Gross Profit (TTM)84.54M

EBITDA17.74M

Profit Margin-3.91%

Operating Margin12.78%

Return on Equity-1.68%

Return on Assets-0.23%

Shares Outstanding879.26M

Shares Float181.58M

Beta0.47

Dividend Yield3.31%

Dividend Rate0.03

Payout Ratio0.00%

Dividends

20251×

0.03Dec 30, 2025

Stock Splits

May 11, 20232:1