A

AAPICO Hitech PCL
SET:AH

Watchlist Manager
AAPICO Hitech PCL
SET:AH
Watchlist
Price: 13 THB Market Closed
Market Cap: ฿4.6B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-2%
5Y
+51%
10Y
+81%
Operating Income
+
3Y
-30%
5Y
-
10Y
+172%
Net Income
+
3Y
-52%
5Y
-
10Y
+180%

Earnings Waterfall
AAPICO Hitech PCL

Income Statement
AAPICO Hitech PCL

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Income Statement
Currency: THB
Jun-2002 Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
24
21
16
13
11
26
45
57
69
63
53
50
49
47
44
42
40
32
25
63
98
133
171
158
142
132
121
118
119
125
128
133
146
156
176
196
210
223
239
252
268
288
289
291
288
279
273
259
239
226
208
198
192
179
170
160
149
141
131
123
120
131
149
171
186
187
197
213
230
258
296
325
348
369
373
366
367
361
346
340
328
327
342
352
386
423
464
480
479
446
412
382
0
0
Revenue
1 345
N/A
1 584
+18%
1 674
+6%
1 966
+17%
2 139
+9%
2 909
+36%
3 933
+35%
4 828
+23%
5 769
+20%
6 165
+7%
6 801
+10%
7 209
+6%
7 775
+8%
8 221
+6%
8 069
-2%
8 125
+1%
7 779
-4%
7 656
-2%
7 755
+1%
8 083
+4%
8 515
+5%
8 855
+4%
9 295
+5%
9 284
0%
9 413
+1%
9 536
+1%
9 077
-5%
8 270
-9%
7 440
-10%
6 845
-8%
7 114
+4%
7 991
+12%
9 419
+18%
10 328
+10%
11 344
+10%
11 864
+5%
11 525
-3%
11 777
+2%
10 356
-12%
10 527
+2%
11 860
+13%
13 131
+11%
16 120
+23%
17 660
+10%
17 627
0%
17 137
-3%
15 627
-9%
14 659
-6%
14 391
-2%
14 481
+1%
14 572
+1%
14 654
+1%
14 471
-1%
14 129
-2%
14 534
+3%
14 697
+1%
14 834
+1%
14 788
0%
14 731
0%
14 742
+0%
14 782
+0%
15 319
+4%
15 776
+3%
16 211
+3%
16 586
+2%
16 714
+1%
16 738
+0%
16 704
0%
17 314
+4%
17 453
+1%
18 389
+5%
19 079
+4%
16 484
-14%
16 913
+3%
17 172
+2%
18 009
+5%
20 823
+16%
20 320
-2%
20 433
+1%
21 577
+6%
22 889
+6%
25 945
+13%
27 967
+8%
29 363
+5%
30 370
+3%
30 695
+1%
30 034
-2%
29 360
-2%
28 644
-2%
27 550
-4%
26 588
-3%
25 882
-3%
25 968
+0%
25 553
-2%
Gross Profit
Cost of Revenue
(1 194)
(1 413)
(1 504)
(1 771)
(1 978)
(2 658)
(3 506)
(4 257)
(5 053)
(5 345)
(5 931)
(6 282)
(6 821)
(7 306)
(7 211)
(7 353)
(7 094)
(7 052)
(7 231)
(7 544)
(7 965)
(8 283)
(8 608)
(8 568)
(8 654)
(8 789)
(8 412)
(7 743)
(7 008)
(6 437)
(6 756)
(7 549)
(8 807)
(9 641)
(10 515)
(10 965)
(10 734)
(10 967)
(9 591)
(9 750)
(10 987)
(12 185)
(15 058)
(16 444)
(16 373)
(15 921)
(14 552)
(13 750)
(13 657)
(13 822)
(13 964)
(14 076)
(13 882)
(13 495)
(13 820)
(13 904)
(13 925)
(13 912)
(13 856)
(13 839)
(13 888)
(14 405)
(14 778)
(15 201)
(15 545)
(15 590)
(15 464)
(15 363)
(15 876)
(15 916)
(16 702)
(17 267)
(15 254)
(15 533)
(16 054)
(16 545)
(18 574)
(18 208)
(18 225)
(19 298)
(20 548)
(23 186)
(24 777)
(25 892)
(26 749)
(26 991)
(26 522)
(26 166)
(25 667)
(24 895)
(24 277)
(23 613)
(23 774)
(23 371)
Gross Profit
150
N/A
172
+14%
170
-1%
195
+15%
161
-17%
251
+56%
428
+71%
570
+33%
716
+26%
820
+15%
870
+6%
927
+7%
954
+3%
915
-4%
858
-6%
772
-10%
685
-11%
604
-12%
524
-13%
539
+3%
550
+2%
573
+4%
686
+20%
716
+4%
758
+6%
746
-2%
665
-11%
527
-21%
432
-18%
408
-6%
358
-12%
442
+24%
612
+38%
687
+12%
830
+21%
899
+8%
791
-12%
810
+2%
764
-6%
777
+2%
874
+12%
947
+8%
1 062
+12%
1 216
+15%
1 254
+3%
1 215
-3%
1 075
-12%
910
-15%
734
-19%
659
-10%
608
-8%
578
-5%
589
+2%
634
+8%
714
+13%
792
+11%
909
+15%
877
-4%
875
0%
903
+3%
894
-1%
914
+2%
998
+9%
1 010
+1%
1 042
+3%
1 123
+8%
1 275
+14%
1 342
+5%
1 438
+7%
1 537
+7%
1 687
+10%
1 812
+7%
1 230
-32%
1 380
+12%
1 118
-19%
1 463
+31%
2 249
+54%
2 112
-6%
2 208
+5%
2 279
+3%
2 342
+3%
2 759
+18%
3 191
+16%
3 471
+9%
3 622
+4%
3 703
+2%
3 512
-5%
3 194
-9%
2 978
-7%
2 656
-11%
2 311
-13%
2 269
-2%
2 194
-3%
2 182
-1%
Operating Income
Operating Expenses
(47)
(48)
(26)
(35)
(36)
(39)
(97)
(107)
(108)
(129)
(105)
(110)
(123)
(104)
(113)
(116)
(129)
(144)
(133)
(126)
(127)
(145)
(190)
(202)
(218)
(171)
(179)
(344)
(268)
(335)
(295)
(265)
(255)
(246)
(267)
(281)
(301)
(311)
(649)
(998)
(883)
(841)
(131)
(93)
(171)
(235)
512
(300)
(227)
(167)
(120)
(155)
(230)
(278)
(327)
(337)
(375)
(370)
(780)
(351)
(341)
(277)
(928)
(421)
(339)
(384)
(869)
(274)
(397)
(431)
(1 029)
(1 252)
(1 273)
(1 386)
(692)
(901)
(1 044)
(1 062)
(1 217)
(1 185)
(1 238)
(1 388)
(1 348)
(1 428)
(1 425)
(1 403)
(1 696)
(1 661)
(1 724)
(1 723)
(1 371)
(1 336)
(1 254)
(1 216)
Selling, General & Administrative
(85)
(95)
(83)
(93)
(106)
(118)
(181)
(214)
(235)
(278)
(275)
(289)
(311)
(303)
(317)
(324)
(341)
(363)
(353)
(390)
(409)
(455)
(552)
(563)
(619)
(604)
(618)
(618)
(566)
(576)
(546)
(576)
(614)
(639)
(675)
(726)
(766)
(802)
(1 079)
(1 081)
(1 075)
(1 169)
(822)
(852)
(864)
(786)
(859)
(793)
(810)
(772)
(744)
(764)
(727)
(751)
(786)
(786)
(793)
(781)
(736)
(784)
(810)
(873)
(893)
(969)
(955)
(918)
(869)
(921)
(988)
(1 006)
(1 599)
(1 765)
(1 747)
(1 814)
(1 318)
(1 318)
(1 462)
(1 473)
(1 529)
(1 532)
(1 553)
(1 699)
(1 666)
(1 732)
(1 748)
(1 749)
(1 781)
(1 783)
(1 810)
(1 796)
(1 769)
(1 708)
(1 679)
(1 662)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(44)
0
0
0
(34)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
38
47
56
59
71
79
84
107
127
148
170
178
188
199
205
208
212
219
220
264
282
310
363
361
401
433
439
274
298
242
251
312
359
393
408
445
464
491
430
83
193
328
691
759
694
551
1 371
493
583
605
624
609
497
473
459
449
418
411
0
434
469
596
0
548
615
534
0
647
592
575
570
513
474
428
625
417
419
411
312
347
316
311
318
304
323
347
85
122
87
73
398
372
425
446
Operating Income
104
N/A
124
+19%
143
+16%
161
+12%
126
-22%
213
+69%
330
+55%
464
+40%
608
+31%
691
+14%
765
+11%
817
+7%
831
+2%
811
-2%
745
-8%
656
-12%
556
-15%
460
-17%
391
-15%
413
+6%
423
+2%
428
+1%
497
+16%
514
+3%
540
+5%
575
+6%
486
-16%
183
-62%
164
-10%
73
-55%
63
-14%
178
+182%
357
+101%
441
+24%
562
+27%
618
+10%
490
-21%
499
+2%
116
-77%
(221)
N/A
(10)
+96%
106
N/A
931
+780%
1 123
+21%
1 083
-4%
980
-10%
1 587
+62%
610
-62%
507
-17%
492
-3%
488
-1%
423
-13%
359
-15%
356
-1%
387
+9%
456
+18%
534
+17%
507
-5%
95
-81%
552
+481%
552
+0%
637
+15%
70
-89%
589
+742%
703
+19%
739
+5%
406
-45%
1 068
+163%
1 041
-2%
1 106
+6%
658
-40%
560
-15%
(44)
N/A
(5)
+87%
426
N/A
562
+32%
1 205
+115%
1 050
-13%
991
-6%
1 095
+10%
1 104
+1%
1 371
+24%
1 842
+34%
2 043
+11%
2 197
+8%
2 301
+5%
1 816
-21%
1 533
-16%
1 254
-18%
933
-26%
940
+1%
932
-1%
940
+1%
966
+3%
Pre-Tax Income
Interest Income Expense
(16)
(11)
(7)
(8)
9
(8)
(19)
(20)
(26)
(10)
6
7
(1)
(5)
(9)
(14)
(15)
(7)
2
(23)
(56)
(88)
(127)
(119)
(97)
(95)
(124)
(145)
(168)
(180)
(149)
(93)
(70)
(44)
(34)
(37)
(2)
50
(84)
(95)
(95)
(192)
34
42
2
49
(27)
(48)
(43)
(69)
(79)
(65)
(69)
(43)
(22)
(35)
(19)
30
93
118
305
337
631
799
692
722
275
110
(34)
(172)
(588)
(390)
(628)
(576)
(250)
(346)
(27)
42
159
55
219
377
182
182
42
(171)
(152)
(164)
(228)
(256)
(55)
(41)
(22)
(34)
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(27)
(112)
0
(107)
(80)
0
0
0
0
0
(33)
(33)
(36)
(329)
0
0
0
0
0
0
0
(852)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(11)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
(0)
(0)
(0)
0
0
0
0
0
0
(0)
(0)
(1)
(0)
0
0
0
(0)
(0)
(0)
0
(0)
(0)
(0)
0
(0)
(0)
(0)
0
0
(0)
0
408
0
0
0
512
0
(0)
0
631
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
87
N/A
113
+29%
136
+20%
153
+12%
134
-12%
204
+52%
311
+52%
443
+43%
582
+31%
681
+17%
771
+13%
824
+7%
830
+1%
806
-3%
736
-9%
642
-13%
541
-16%
453
-16%
393
-13%
390
-1%
367
-6%
340
-8%
370
+9%
395
+7%
443
+12%
453
+2%
250
-45%
38
-85%
(111)
N/A
(187)
-69%
(86)
+54%
85
N/A
287
+239%
397
+38%
528
+33%
548
+4%
455
-17%
513
+13%
(298)
N/A
(316)
-6%
(105)
+67%
(86)
+18%
965
N/A
1 164
+21%
1 085
-7%
1 030
-5%
708
-31%
561
-21%
464
-17%
422
-9%
409
-3%
358
-12%
291
-19%
313
+8%
365
+17%
421
+15%
515
+22%
537
+4%
597
+11%
670
+12%
858
+28%
974
+14%
1 213
+25%
1 389
+14%
1 395
+0%
1 461
+5%
1 312
-10%
1 178
-10%
1 007
-14%
934
-7%
59
-94%
170
+189%
(672)
N/A
(582)
+13%
175
N/A
216
+23%
1 178
+445%
1 091
-7%
1 151
+5%
1 150
0%
1 323
+15%
1 747
+32%
2 024
+16%
2 225
+10%
2 239
+1%
2 129
-5%
1 664
-22%
1 369
-18%
1 025
-25%
676
-34%
884
+31%
891
+1%
918
+3%
932
+2%
Net Income
Tax Provision
(2)
(3)
(3)
(4)
(5)
(5)
(5)
(6)
(10)
(7)
(9)
(14)
(14)
(22)
(24)
(23)
(21)
(21)
(18)
(22)
(23)
(23)
(18)
(12)
(16)
(20)
(20)
(21)
(19)
(10)
(30)
(62)
(88)
(117)
(134)
(129)
(124)
(130)
(94)
(68)
(54)
(37)
(41)
(53)
(60)
(29)
(74)
(57)
(42)
(58)
(23)
(26)
(25)
(27)
(27)
(27)
(29)
(31)
(27)
(29)
(26)
(27)
(31)
(33)
(49)
(40)
30
(22)
(27)
(70)
(225)
(230)
(161)
(146)
(12)
29
(48)
(41)
(113)
(117)
(127)
(173)
(177)
(223)
(243)
(249)
(82)
(29)
2
59
(137)
(157)
(172)
(171)
Income from Continuing Operations
86
110
133
148
130
199
306
437
572
674
762
811
815
784
713
620
521
432
375
369
344
317
352
383
427
433
230
17
(130)
(197)
(116)
22
199
280
394
419
332
383
(392)
(384)
(159)
(123)
924
1 111
1 025
1 001
634
505
422
365
386
333
266
286
338
394
486
506
570
641
832
948
1 182
1 356
1 347
1 421
1 342
1 156
981
864
(166)
(61)
(834)
(728)
163
245
1 130
1 051
1 037
1 033
1 197
1 574
1 847
2 002
1 996
1 881
1 583
1 339
1 028
735
748
734
746
761
Income to Minority Interest
2
1
0
0
2
2
4
4
3
3
1
(0)
(2)
(2)
(2)
0
1
3
6
4
8
7
3
6
10
6
12
12
6
7
8
(9)
(29)
(31)
(38)
(30)
(9)
(8)
2
1
4
3
(7)
(5)
(11)
(14)
(24)
(20)
(24)
(28)
(19)
(26)
(24)
(20)
(25)
(27)
(33)
(28)
(26)
(20)
(19)
(23)
(24)
(25)
(26)
(41)
(43)
(38)
(26)
(8)
(13)
(15)
(13)
(21)
(15)
(17)
(21)
(9)
(13)
(17)
(21)
(33)
(23)
(19)
(12)
3
28
29
33
30
(1)
(1)
(7)
(15)
Net Income (Common)
87
N/A
111
+27%
132
+19%
148
+12%
132
-11%
201
+52%
310
+55%
442
+42%
575
+30%
676
+18%
763
+13%
810
+6%
814
+0%
782
-4%
711
-9%
620
-13%
521
-16%
434
-17%
381
-12%
373
-2%
352
-6%
324
-8%
355
+10%
389
+10%
437
+12%
440
+1%
241
-45%
29
-88%
(123)
N/A
(190)
-54%
(109)
+43%
14
N/A
170
+1 119%
249
+47%
357
+44%
389
+9%
322
-17%
375
+16%
(390)
N/A
(384)
+2%
(155)
+60%
(119)
+23%
917
N/A
1 106
+21%
1 014
-8%
987
-3%
611
-38%
485
-21%
399
-18%
337
-15%
367
+9%
307
-16%
243
-21%
266
+10%
313
+18%
367
+17%
454
+24%
479
+6%
543
+13%
621
+14%
813
+31%
924
+14%
1 158
+25%
1 331
+15%
1 320
-1%
1 380
+5%
1 299
-6%
1 119
-14%
954
-15%
856
-10%
(180)
N/A
(75)
+58%
(847)
-1 023%
(749)
+12%
148
N/A
228
+54%
1 109
+387%
1 042
-6%
1 024
-2%
1 016
-1%
1 175
+16%
1 541
+31%
1 824
+18%
1 983
+9%
1 983
+0%
1 883
-5%
1 610
-14%
1 368
-15%
1 061
-22%
765
-28%
747
-2%
734
-2%
739
+1%
746
+1%
EPS (Diluted)
0.56
N/A
0.7
+25%
0.74
+6%
0.58
-22%
0.52
-10%
0.8
+54%
1.21
+51%
1.53
+26%
1.99
+30%
2.34
+18%
2.65
+13%
2.81
+6%
2.82
+0%
2.57
-9%
2.33
-9%
1.82
-22%
1.51
-17%
1.28
-15%
1.13
-12%
1.37
+21%
1.28
-7%
1.19
-7%
1.1
-8%
1.43
+30%
1.61
+13%
1.62
+1%
0.89
-45%
0.1
-89%
-0.46
N/A
-0.7
-52%
-0.4
+43%
0.05
N/A
0.62
+1 140%
0.91
+47%
1.31
+44%
1.43
+9%
1.19
-17%
1.38
+16%
-1.43
N/A
-1.36
+5%
-0.55
+60%
-0.42
+24%
3.37
N/A
3.42
+1%
3.14
-8%
3.05
-3%
1.89
-38%
1.5
-21%
1.23
-18%
1.03
-16%
1.14
+11%
0.95
-17%
0.75
-21%
0.83
+11%
0.97
+17%
1.13
+16%
1.4
+24%
1.5
+7%
1.54
+3%
1.95
+27%
2.57
+32%
2.93
+14%
3.32
+13%
4.21
+27%
4.17
-1%
4.35
+4%
3.73
-14%
3.53
-5%
3.01
-15%
2.7
-10%
-0.51
N/A
-0.21
+59%
-2.38
-1 033%
-2.11
+11%
0.42
N/A
0.64
+52%
3.13
+389%
2.94
-6%
2.89
-2%
2.86
-1%
3.31
+16%
4.34
+31%
5.14
+18%
5.59
+9%
5.59
N/A
5.31
-5%
4.54
-15%
3.86
-15%
2.99
-23%
2.21
-26%
2.11
-5%
2.18
+3%
2.19
+0%
2.21
+1%

See Also

Summary
AH intrinsic value, competitors valuation, and company profile.
DCF Valuation
AH stock valuation using Discount Cash Flow valuation method.
Relative Valuation
AH stock valuation using valuation multiples.
Wall Street Estimates
AH price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
AH stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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