S

Supalai PCL
SET:SPALI

Watchlist Manager
Supalai PCL
SET:SPALI
Watchlist
Price: 18.2 THB Market Closed
Market Cap: ฿35.5B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-28%
5Y
+31%
10Y
+18%
Operating Income
+
3Y
-47%
5Y
+12%
10Y
-4%
Net Income
+
3Y
-47%
5Y
+10%
10Y
+3%

Earnings Waterfall
Supalai PCL

Income Statement
Supalai PCL

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Income Statement
Currency: THB
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
146
129
106
76
57
41
28
21
14
15
21
26
26
24
25
36
48
59
66
64
79
88
101
105
102
103
99
98
92
85
78
88
72
89
109
105
147
153
160
184
130
110
101
66
85
112
116
149
186
201
227
251
277
285
307
306
314
324
331
360
348
338
313
274
269
247
234
232
233
241
250
252
242
248
251
255
259
253
246
257
277
314
355
417
467
517
572
636
709
753
0
0
Revenue
1 823
N/A
2 156
+18%
2 238
+4%
2 252
+1%
3 613
+60%
3 374
-7%
3 516
+4%
3 453
-2%
2 036
-41%
2 149
+6%
2 212
+3%
2 881
+30%
3 441
+19%
4 271
+24%
4 557
+7%
4 552
0%
4 598
+1%
4 554
-1%
4 721
+4%
4 391
-7%
5 017
+14%
4 695
-6%
5 781
+23%
6 349
+10%
6 170
-3%
7 222
+17%
7 570
+5%
8 503
+12%
9 618
+13%
10 696
+11%
10 269
-4%
9 056
-12%
11 083
+22%
11 207
+1%
13 111
+17%
15 016
+15%
12 686
-16%
10 978
-13%
8 693
-21%
8 317
-4%
11 513
+38%
12 041
+5%
12 163
+1%
11 511
-5%
12 615
+10%
13 725
+9%
14 492
+6%
18 425
+27%
18 591
+1%
20 386
+10%
22 876
+12%
21 746
-5%
21 364
-2%
22 599
+6%
23 805
+5%
23 662
-1%
23 336
-1%
20 845
-11%
20 531
-2%
23 578
+15%
24 803
+5%
25 581
+3%
25 956
+1%
24 196
-7%
25 553
+6%
27 204
+6%
25 219
-7%
25 060
-1%
23 557
-6%
20 906
-11%
19 466
-7%
19 636
+1%
20 588
+5%
20 556
0%
24 727
+20%
26 263
+6%
29 160
+11%
30 931
+6%
31 998
+3%
35 701
+12%
34 486
-3%
34 787
+1%
34 755
0%
30 788
-11%
31 177
+1%
30 023
-4%
29 799
-1%
32 469
+9%
31 194
-4%
30 248
-3%
29 219
-3%
25 754
-12%
Gross Profit
Cost of Revenue
(1 253)
(1 444)
(1 455)
(1 405)
(2 162)
(1 822)
(1 861)
(1 800)
(1 091)
(1 157)
(1 203)
(1 591)
(1 946)
(2 434)
(2 618)
(2 650)
(2 660)
(2 693)
(2 838)
(2 647)
(3 013)
(2 780)
(3 435)
(3 806)
(3 766)
(4 333)
(4 391)
(4 849)
(5 439)
(6 035)
(5 868)
(5 190)
(6 329)
(6 412)
(7 538)
(8 664)
(7 319)
(6 377)
(5 053)
(4 825)
(6 461)
(6 798)
(6 909)
(6 562)
(7 490)
(8 117)
(8 534)
(10 649)
(10 845)
(12 178)
(13 806)
(13 437)
(13 332)
(13 972)
(14 656)
(14 615)
(14 459)
(12 934)
(12 775)
(14 633)
(15 495)
(16 026)
(16 341)
(15 259)
(15 744)
(16 748)
(15 495)
(15 348)
(14 280)
(12 833)
(11 965)
(12 212)
(12 754)
(12 686)
(15 064)
(15 754)
(17 518)
(18 548)
(19 228)
(21 528)
(21 070)
(21 404)
(21 743)
(19 561)
(20 071)
(19 352)
(19 117)
(20 514)
(19 431)
(18 747)
(18 409)
(16 585)
Gross Profit
570
N/A
711
+25%
784
+10%
846
+8%
1 451
+71%
1 552
+7%
1 655
+7%
1 653
0%
945
-43%
992
+5%
1 009
+2%
1 290
+28%
1 495
+16%
1 836
+23%
1 939
+6%
1 901
-2%
1 938
+2%
1 861
-4%
1 883
+1%
1 744
-7%
2 004
+15%
1 915
-4%
2 346
+23%
2 543
+8%
2 404
-5%
2 889
+20%
3 179
+10%
3 654
+15%
4 179
+14%
4 661
+12%
4 401
-6%
3 866
-12%
4 754
+23%
4 795
+1%
5 573
+16%
6 352
+14%
5 368
-15%
4 602
-14%
3 640
-21%
3 492
-4%
5 052
+45%
5 243
+4%
5 255
+0%
4 950
-6%
5 125
+4%
5 609
+9%
5 958
+6%
7 776
+31%
7 746
0%
8 208
+6%
9 070
+11%
8 309
-8%
8 032
-3%
8 628
+7%
9 149
+6%
9 047
-1%
8 877
-2%
7 911
-11%
7 756
-2%
8 946
+15%
9 308
+4%
9 555
+3%
9 615
+1%
8 937
-7%
9 809
+10%
10 455
+7%
9 725
-7%
9 713
0%
9 277
-4%
8 073
-13%
7 501
-7%
7 424
-1%
7 834
+6%
7 871
+0%
9 664
+23%
10 509
+9%
11 642
+11%
12 383
+6%
12 770
+3%
14 173
+11%
13 416
-5%
13 383
0%
13 012
-3%
11 227
-14%
11 106
-1%
10 671
-4%
10 682
+0%
11 955
+12%
11 763
-2%
11 502
-2%
10 810
-6%
9 169
-15%
Operating Income
Operating Expenses
27
89
(5)
21
(250)
(295)
(325)
(364)
(366)
(370)
(399)
(435)
(462)
(519)
(531)
(540)
(530)
(553)
(549)
(578)
(676)
(650)
(628)
(602)
(475)
(497)
(504)
(456)
(503)
(533)
(622)
(693)
(886)
(1 025)
(1 192)
(1 271)
(1 229)
(1 226)
(1 099)
(1 137)
(1 269)
(1 254)
(1 288)
(1 277)
(1 364)
(1 453)
(1 504)
(1 757)
(1 839)
(1 993)
(2 211)
(2 121)
(2 046)
(2 094)
(2 119)
(2 234)
(2 536)
(2 389)
(2 445)
(2 602)
(2 652)
(1 846)
(1 852)
(2 219)
(2 813)
(2 070)
(2 051)
(2 007)
(2 511)
(2 297)
(2 148)
(2 148)
(2 306)
(2 445)
(2 684)
(2 888)
(2 861)
(3 074)
(2 861)
(3 003)
(3 038)
(3 050)
(3 145)
(3 206)
(3 583)
(3 255)
(3 394)
(3 608)
(4 011)
(3 628)
(3 737)
(3 248)
Selling, General & Administrative
(222)
(231)
(231)
(223)
(310)
(382)
(437)
(471)
(449)
(448)
(461)
(512)
(509)
(571)
(582)
(587)
(595)
(622)
(645)
(648)
(736)
(716)
(692)
(671)
(546)
(513)
(526)
(533)
(575)
(627)
(719)
(786)
(987)
(1 117)
(1 296)
(1 399)
(1 353)
(1 345)
(1 200)
(1 211)
(1 406)
(1 405)
(1 443)
(1 456)
(1 490)
(1 566)
(1 618)
(1 846)
(1 889)
(2 073)
(2 307)
(2 262)
(2 169)
(2 263)
(2 302)
(2 406)
(2 494)
(2 565)
(2 640)
(2 832)
(2 610)
(2 633)
(2 628)
(2 506)
(2 770)
(2 329)
(2 330)
(2 348)
(2 812)
(2 704)
(2 517)
(2 470)
(2 547)
(2 676)
(2 944)
(3 129)
(3 281)
(3 446)
(3 603)
(3 882)
(3 986)
(4 127)
(4 144)
(4 002)
(3 807)
(3 823)
(3 874)
(4 211)
(4 239)
(4 389)
(4 364)
(4 019)
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
(30)
0
0
0
(37)
0
0
0
(42)
0
0
0
(43)
0
0
0
(42)
0
0
0
(43)
0
0
0
(42)
0
0
0
(41)
0
0
0
(43)
0
0
0
(50)
0
0
0
(63)
0
0
0
Other Operating Expenses
249
320
226
244
60
87
112
107
83
78
62
78
46
52
52
48
66
69
96
70
60
66
64
69
71
17
21
77
73
95
96
93
101
92
104
128
123
119
102
74
136
151
155
179
127
113
114
89
80
80
96
140
159
169
182
171
0
176
195
231
0
788
776
288
0
259
278
341
344
408
369
322
283
231
260
241
460
373
742
879
991
1 078
999
796
274
568
480
603
290
762
626
771
Operating Income
597
N/A
800
+34%
779
-3%
867
+11%
1 200
+38%
1 257
+5%
1 330
+6%
1 289
-3%
579
-55%
622
+7%
610
-2%
856
+40%
1 032
+21%
1 317
+28%
1 408
+7%
1 362
-3%
1 408
+3%
1 308
-7%
1 334
+2%
1 166
-13%
1 328
+14%
1 265
-5%
1 718
+36%
1 941
+13%
1 929
-1%
2 393
+24%
2 675
+12%
3 198
+20%
3 676
+15%
4 128
+12%
3 779
-8%
3 173
-16%
3 867
+22%
3 770
-3%
4 381
+16%
5 081
+16%
4 138
-19%
3 375
-18%
2 541
-25%
2 356
-7%
3 783
+61%
3 988
+5%
3 966
-1%
3 673
-7%
3 762
+2%
4 156
+10%
4 454
+7%
6 019
+35%
5 907
-2%
6 215
+5%
6 859
+10%
6 188
-10%
5 986
-3%
6 533
+9%
7 030
+8%
6 813
-3%
6 341
-7%
5 522
-13%
5 311
-4%
6 344
+19%
6 656
+5%
7 710
+16%
7 763
+1%
6 718
-13%
6 996
+4%
8 385
+20%
7 674
-8%
7 705
+0%
6 766
-12%
5 777
-15%
5 353
-7%
5 276
-1%
5 529
+5%
5 425
-2%
6 980
+29%
7 622
+9%
8 781
+15%
9 309
+6%
9 909
+6%
11 170
+13%
10 378
-7%
10 334
0%
9 867
-5%
8 021
-19%
7 523
-6%
7 416
-1%
7 288
-2%
8 346
+15%
7 752
-7%
7 874
+2%
7 073
-10%
5 921
-16%
Pre-Tax Income
Interest Income Expense
(110)
(129)
48
(76)
(21)
(41)
(28)
(21)
(14)
(15)
(21)
(26)
(26)
(25)
(25)
(36)
(23)
(34)
(66)
(39)
(78)
(88)
(101)
(105)
(101)
(103)
(99)
(98)
(92)
(85)
(78)
(88)
(72)
(89)
(109)
(105)
(147)
(153)
(160)
(184)
(130)
(110)
(101)
(66)
(85)
(112)
(116)
(149)
(186)
(206)
(236)
(264)
(294)
(307)
(272)
(269)
(235)
(174)
(124)
400
394
(54)
(77)
(37)
38
20
19
(47)
57
99
122
223
65
172
324
241
301
298
72
137
137
85
88
(54)
147
(335)
(281)
(310)
185
(228)
(52)
85
Non-Reccuring Items
(37)
(39)
(10)
(15)
33
64
89
85
56
44
11
0
3
(4)
(1)
0
5
4
2
2
5
4
3
(47)
(50)
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
0
0
0
0
0
0
0
0
0
Total Other Income
0
(0)
(0)
0
1
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
(1)
0
(0)
0
1
0
0
(0)
0
(0)
(0)
(0)
156
(0)
0
(0)
319
(0)
(0)
0
257
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
450
N/A
633
+41%
816
+29%
777
-5%
1 213
+56%
1 281
+6%
1 390
+9%
1 353
-3%
621
-54%
650
+5%
601
-8%
829
+38%
1 009
+22%
1 289
+28%
1 382
+7%
1 326
-4%
1 390
+5%
1 278
-8%
1 270
-1%
1 129
-11%
1 255
+11%
1 181
-6%
1 619
+37%
1 788
+10%
1 778
-1%
2 290
+29%
2 576
+13%
3 100
+20%
3 584
+16%
4 043
+13%
3 701
-8%
3 085
-17%
3 795
+23%
3 681
-3%
4 272
+16%
4 975
+16%
3 991
-20%
3 222
-19%
2 381
-26%
2 172
-9%
3 653
+68%
3 878
+6%
3 865
0%
3 607
-7%
3 676
+2%
4 044
+10%
4 338
+7%
5 870
+35%
5 722
-3%
6 009
+5%
6 623
+10%
5 924
-11%
5 692
-4%
6 226
+9%
6 758
+9%
6 544
-3%
6 262
-4%
5 348
-15%
5 188
-3%
6 745
+30%
7 368
+9%
7 656
+4%
7 686
+0%
6 681
-13%
7 291
+9%
8 405
+15%
7 693
-8%
7 658
0%
6 823
-11%
5 876
-14%
5 475
-7%
5 499
+0%
5 594
+2%
5 597
+0%
7 304
+31%
7 862
+8%
9 083
+16%
9 607
+6%
9 981
+4%
11 307
+13%
10 515
-7%
10 419
-1%
9 955
-4%
7 967
-20%
7 670
-4%
7 081
-8%
7 007
-1%
8 037
+15%
7 937
-1%
7 646
-4%
7 021
-8%
6 006
-14%
Net Income
Tax Provision
0
(7)
(10)
(14)
(97)
(122)
(177)
(237)
(216)
(232)
(190)
(208)
(203)
(208)
(295)
(361)
(473)
(517)
(502)
(409)
(383)
(368)
(512)
(573)
(691)
(843)
(913)
(1 058)
(1 085)
(1 208)
(1 106)
(918)
(1 175)
(1 143)
(1 327)
(1 530)
(1 319)
(1 056)
(755)
(623)
(831)
(857)
(849)
(806)
(726)
(803)
(858)
(1 165)
(1 134)
(1 196)
(1 336)
(1 189)
(1 155)
(1 273)
(1 356)
(1 324)
(1 277)
(1 074)
(1 052)
(1 365)
(1 489)
(1 541)
(1 552)
(1 318)
(1 449)
(1 688)
(1 561)
(1 568)
(1 355)
(1 191)
(1 144)
(1 224)
(1 266)
(1 275)
(1 665)
(1 724)
(1 943)
(2 031)
(2 040)
(2 314)
(2 212)
(2 207)
(2 126)
(1 724)
(1 586)
(1 468)
(1 495)
(1 725)
(1 665)
(1 596)
(1 478)
(1 281)
Income from Continuing Operations
450
626
806
763
1 115
1 159
1 214
1 117
405
418
411
622
806
1 081
1 087
965
917
761
768
720
872
813
1 107
1 215
1 087
1 446
1 663
2 042
2 499
2 835
2 595
2 167
2 620
2 538
2 945
3 446
2 672
2 166
1 626
1 549
2 822
3 022
3 016
2 800
2 950
3 241
3 480
4 705
4 587
4 813
5 287
4 734
4 537
4 953
5 403
5 220
4 985
4 274
4 136
5 380
5 879
6 115
6 135
5 363
5 843
6 717
6 131
6 090
5 468
4 685
4 331
4 275
4 327
4 322
5 640
6 138
7 139
7 576
7 941
8 993
8 303
8 211
7 829
6 242
6 083
5 613
5 512
6 312
6 272
6 050
5 543
4 725
Income to Minority Interest
33
16
4
4
(39)
(42)
(47)
(45)
(20)
(23)
(15)
(22)
(25)
(26)
(31)
(29)
(37)
(31)
(24)
(25)
(17)
(27)
(29)
(32)
(18)
(10)
(16)
(12)
(23)
(53)
(56)
(59)
(56)
(70)
(89)
(94)
(105)
(68)
(56)
(67)
(78)
(71)
(67)
(65)
(68)
(89)
(100)
(96)
(109)
(173)
(212)
(215)
(188)
(111)
(91)
(84)
(99)
(98)
(66)
(64)
(66)
(64)
(68)
(65)
(72)
(81)
(73)
(87)
(65)
(59)
(52)
(50)
(76)
(80)
(87)
(83)
(69)
(69)
(89)
(112)
(130)
(135)
(128)
(99)
(94)
(90)
(91)
(93)
(82)
(69)
(57)
(59)
Net Income (Common)
949
N/A
1 146
+21%
815
-29%
772
-5%
1 222
+58%
1 210
-1%
1 255
+4%
1 185
-6%
481
-59%
419
-13%
420
+0%
600
+43%
830
+38%
1 104
+33%
1 105
+0%
985
-11%
880
-11%
730
-17%
744
+2%
696
-7%
854
+23%
786
-8%
1 079
+37%
1 183
+10%
1 069
-10%
1 437
+34%
1 647
+15%
2 030
+23%
2 476
+22%
2 781
+12%
2 539
-9%
2 108
-17%
2 564
+22%
2 468
-4%
2 856
+16%
3 352
+17%
2 568
-23%
2 099
-18%
1 570
-25%
1 482
-6%
2 744
+85%
2 951
+8%
2 949
0%
2 735
-7%
2 882
+5%
3 152
+9%
3 380
+7%
4 609
+36%
4 478
-3%
4 640
+4%
5 075
+9%
4 519
-11%
4 349
-4%
4 842
+11%
5 312
+10%
5 136
-3%
4 887
-5%
4 176
-15%
4 070
-3%
5 316
+31%
5 814
+9%
6 051
+4%
6 067
+0%
5 298
-13%
5 770
+9%
6 637
+15%
6 058
-9%
6 003
-1%
5 403
-10%
4 625
-14%
4 279
-7%
4 226
-1%
4 251
+1%
4 242
0%
5 553
+31%
6 056
+9%
7 070
+17%
7 507
+6%
7 852
+5%
8 881
+13%
8 173
-8%
8 076
-1%
7 702
-5%
6 143
-20%
5 989
-3%
5 523
-8%
5 421
-2%
6 219
+15%
6 190
0%
5 981
-3%
5 486
-8%
4 665
-15%
EPS (Diluted)
1.5
N/A
0.95
-37%
0.77
-19%
0.75
-3%
1.14
+52%
1.03
-10%
1.01
-2%
0.95
-6%
0.39
-59%
0.32
-18%
0.32
N/A
0.48
+50%
0.64
+33%
0.75
+17%
0.68
-9%
0.63
-7%
0.56
-11%
0.44
-21%
0.44
N/A
0.41
-7%
0.52
+27%
0.47
-10%
0.64
+36%
0.7
+9%
0.64
-9%
0.9
+41%
1.04
+16%
1.27
+22%
1.54
+21%
1.62
+5%
1.47
-9%
1.24
-16%
1.49
+20%
1.44
-3%
1.67
+16%
1.96
+17%
1.5
-23%
1.22
-19%
0.91
-25%
0.86
-5%
1.6
+86%
1.72
+7%
1.72
N/A
1.59
-8%
1.68
+6%
1.84
+10%
1.97
+7%
2.69
+37%
2.61
-3%
2.71
+4%
2.96
+9%
2.64
-11%
2.53
-4%
2.81
+11%
3.09
+10%
2.98
-4%
2.85
-4%
2.44
-14%
2.37
-3%
3.1
+31%
3.25
+5%
2.9
-11%
2.88
-1%
2.49
-14%
2.92
+17%
3.09
+6%
2.83
-8%
2.81
-1%
2.52
-10%
2.19
-13%
2.17
-1%
2.16
0%
2.13
-1%
2.18
+2%
2.85
+31%
3.11
+9%
3.63
+17%
3.85
+6%
4.03
+5%
4.56
+13%
4.19
-8%
4.14
-1%
3.95
-5%
3.15
-20%
3.07
-3%
2.83
-8%
2.78
-2%
3.19
+15%
3.17
-1%
3.06
-3%
2.81
-8%
2.46
-12%

See Also

Summary
SPALI intrinsic value, competitors valuation, and company profile.
DCF Valuation
SPALI stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SPALI stock valuation using valuation multiples.
Wall Street Estimates
SPALI 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
SPALI 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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