Thai Plastic Industrial (1994) Public Company Limited

TPLAS · BK · Consumer Cyclical / Packaging & Containers

0.98THB-0.02 (-2.00%)

Price History

Full chart

Market Stats

Previous Close1.00

Open0.99

Day Range0.97 – 1.01

52-Week Range0.7621 – 1.33

Volume132.60K

Market Cap305.10M

P/E (TTM)16.14

Forward P/E0.00

EPS0.07

Dividend Yield3.45%

Beta-0.14

50-Day Avg1.16

200-Day Avg1.05

About

Thai Plastic Industrial (1994) Public Company Limited manufactures and sells food plastic bags, food plastic wrappers, and food paper containers in Thailand. The company offers high-density polyethylene, poly-propylene, thin and thick T-shirt bag, LL T-shirt bag, PP T-shirt bag, LL beverage bag, flexible straws under the Makrook brand name; LDPE clear cold storage bags; food and bowl food containers beat box; PP bag side folding type; and poly-vinyi chloride food wrapping films under the Vow Wrap brand name. Thai Plastic Industrial (1994) Public Company Limited was incorporated in 1994 and is headquartered in Nonthaburi, Thailand.

Company Details

SectorConsumer Cyclical
IndustryPackaging & Containers
CEOMr. Apirat Teerarujinon
Employees0
Headquarters53/1 Moo 4, Nonthaburi, Thailand, 11140, Thailand
Websitehttps://www.tpic.co.th

Leadership

Mr. Apirat TeerarujinonCEO & Director · b. 1995

Financials

Income Statement

Currency: THB	2014-12-31	2015-12-31	2016-12-31	2017-12-31	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	271.71M	489.18M	476.58M	525.15M	551.83M	506.44M	469.71M	505.79M	560.41M	517.13M	487.52M	451.27M
Growth (%)	-	+80.04%	-2.58%	+10.19%	+5.08%	-8.23%	-7.25%	+7.68%	+10.80%	-7.72%	-5.73%	-7.43%
Cost of Revenue	263.41M	416.75M	405.32M	446.14M	472.32M	410.01M	373.72M	411.64M	467.46M	443.58M	419.32M	382.80M
Gross Profit	8.30M	72.43M	71.26M	79.00M	79.51M	96.43M	95.99M	94.15M	92.95M	73.55M	68.20M	68.47M
Gross Margin	3.06%	14.81%	14.95%	15.04%	14.41%	19.04%	20.44%	18.61%	16.59%	14.22%	13.99%	15.17%
Operating Expense	9.29M	36.96M	54.07M	50.17M	50.53M	53.63M	53.68M	51.86M	53.61M	56.14M	52.79M	62.90M
Operating Income	-981.33K	35.47M	17.19M	28.84M	28.98M	42.80M	42.32M	42.29M	39.34M	17.41M	15.41M	5.57M
Operating Margin	-0.36%	7.25%	3.61%	5.49%	5.25%	8.45%	9.01%	8.36%	7.02%	3.37%	3.16%	1.23%
EBITDA	10.48M	35.47M	32.37M	42.72M	41.69M	54.85M	56.63M	54.64M	51.44M	30.45M	28.83M	20.78M
EBITDA Margin	3.86%	7.25%	6.79%	8.13%	7.55%	10.83%	12.06%	10.80%	9.18%	5.89%	5.91%	4.61%
Net Income	-2.87M	25.22M	12.89M	22.09M	23.83M	33.31M	34.59M	33.91M	29.62M	12.59M	11.68M	7.95M
Net Income Margin	-1.05%	5.16%	2.71%	4.21%	4.32%	6.58%	7.36%	6.70%	5.28%	2.43%	2.40%	1.76%
Interest Expense	-	3.85M	2.54M	2.20M	1.06M	154.12K	112.30K	50.46K	45.16K	338.10K	231.74K	199.35K
Interest Expense % of Total Revenue	-	0.79%	0.53%	0.42%	0.19%	0.03%	0.02%	0.01%	0.01%	0.07%	0.05%	0.04%

Balance Sheet

Currency: THB	2014-12-31	2015-12-31	2016-12-31	2017-12-31	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	204.08M	233.05M	245.34M	248.26M	345.77M	353.79M	373.73M	380.99M	383.07M	362.36M	361.15M	356.23M
Total Liabilities	89.84M	97.45M	92.89M	73.88M	49.44M	50.81M	62.15M	60.07M	58.33M	51.59M	45.70M	43.29M
Total Equity	114.24M	135.60M	152.45M	174.38M	296.32M	302.98M	311.58M	320.92M	324.74M	310.77M	315.45M	312.95M
Cash	638.86K	2.90M	4.39M	9.79M	82.43M	61.50M	66.44M	55.61M	46.52M	49.67M	40.32M	51.56M
Total Debt	69.05M	54.89M	57.02M	25.83M	3.25M	2.61M	1.50M	803.28K	529.90K	245.59K	3.58M	2.82M
Net Debt	68.41M	51.99M	52.63M	16.05M	-79.18M	-58.89M	-64.94M	-54.81M	-45.99M	-49.43M	-36.74M	-48.74M

Cash Flow

Currency: THB	2014-12-31	2015-12-31	2016-12-31	2017-12-31	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	39.88M	8.29M	20.14M	44.38M	20.33M	74.26M	44.27M	25.74M	31.40M	34.64M	32.01M	30.84M
Investing Cash Flow	-35.84M	13.74M	-13.90M	-5.58M	-21.74M	-66.04M	-11.11M	-8.83M	-13.21M	-3.88M	-29.85M	-7.87M
Financing Cash Flow	-3.58M	-19.77M	-4.74M	-33.40M	74.06M	-29.15M	-28.22M	-27.75M	-27.28M	-27.62M	-11.51M	-11.56M
Capital Expenditure	13.74M	10.03M	13.80M	5.62M	21.84M	45.10M	33.99M	8.86M	13.88M	4.67M	11.15M	27.85M
Free Cash Flow	26.14M	-1.74M	6.33M	38.76M	-1.52M	29.16M	10.28M	16.89M	17.53M	29.98M	20.85M	3.00M
Dividends Paid	-	-	-	27.00M	27.00M	27.00M	27.00M	27.00M	26.98M	26.99M	10.80M	10.80M
FCF to OCF	65.55%	-20.97%	31.46%	87.33%	-7.46%	39.27%	23.22%	65.60%	55.81%	86.53%	65.16%	9.71%
Dividend Paid to FCF	-	-	-	69.66%	-1779.33%	92.59%	262.66%	159.86%	153.95%	90.05%	51.78%	360.54%

Earnings

Report Date	Nov 28, 2018	Feb 27, 2019	May 29, 2019	Aug 28, 2019	Nov 27, 2019	Feb 26, 2020	Jun 3, 2020	Sep 2, 2020	Dec 2, 2020	Mar 3, 2021	Jun 2, 2021	Aug 10, 2021	Dec 1, 2021	Feb 21, 2022	Jun 1, 2022	Aug 9, 2022	Nov 9, 2022	Feb 20, 2023	May 9, 2023	Aug 10, 2023	Nov 7, 2023	Feb 20, 2024	May 9, 2024	Aug 6, 2024	Nov 5, 2024	Feb 25, 2025	Mar 31, 2025	Jun 30, 2025	Sep 30, 2025	Dec 31, 2025	Mar 31, 2026	Jun 30, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.02	0.02	0.04	0.02	0.03	0.03	0.02	0.04	0.03	0.04	0.04	0.03	0.02	0.04	0.04	0.04	0.02	0.02	0.01	0.00	0.01	0.02	0.01	0.01	0.01	0.02	0.01	0.00	0.01	0.01	0.04	0.02
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap305.10M

Enterprise Value271.99M

Trailing P/E16.14

Forward P/E0.00

Price / Sales0.63

Price / Book0.98

EPS0.07

Book Value1.17

Revenue (TTM)482.83M

Gross Profit (TTM)84.01M

EBITDA39.49M

Profit Margin3.90%

Operating Margin4.42%

Return on Equity6.02%

Return on Assets4.30%

Shares Outstanding270.00M

Shares Float77.64M

Beta-0.14

Dividend Yield3.45%

Dividend Rate0.04

Payout Ratio57.39%

Dividends

20261×

0.04Apr 10, 2026

20251×

0.04Apr 11, 2025

20241×

0.04Apr 11, 2024

20231×

0.10Apr 19, 2023

20221×

0.10Apr 20, 2022

20211×

0.10Apr 22, 2021

20201×

0.10Apr 16, 2020

20191×

0.10Apr 18, 2019