S

Saha Pathanapibul PCL
SET:SPC

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Saha Pathanapibul PCL
SET:SPC
Watchlist
Price: 57.5 THB
Market Cap: ฿19B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+17%
5Y
+26%
10Y
+45%
Operating Income
+
3Y
+46%
5Y
+45%
10Y
+79%
Net Income
+
3Y
+62%
5Y
+58%
10Y
+87%

Earnings Waterfall
Saha Pathanapibul PCL

Income Statement
Saha Pathanapibul PCL

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Income Statement
Currency: THB
Dec-2001 Mar-2002 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
93
88
79
68
58
51
48
45
41
36
29
24
21
20
20
20
20
22
25
27
29
27
24
21
16
13
14
14
15
15
10
7
5
3
2
1
1
1
1
1
2
2
2
2
1
2
2
2
3
4
4
4
4
4
4
5
3
2
1
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
1
0
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Revenue
10 008
N/A
9 890
-1%
9 655
-2%
9 585
-1%
9 680
+1%
9 600
-1%
9 652
+1%
9 623
0%
9 393
-2%
9 606
+2%
9 780
+2%
10 100
+3%
10 773
+7%
11 457
+6%
12 074
+5%
12 781
+6%
13 333
+4%
13 879
+4%
14 408
+4%
14 823
+3%
15 460
+4%
15 858
+3%
15 994
+1%
16 015
+0%
16 182
+1%
16 066
-1%
16 332
+2%
16 823
+3%
17 396
+3%
17 865
+3%
18 578
+4%
19 363
+4%
19 880
+3%
20 632
+4%
21 127
+2%
21 639
+2%
22 166
+2%
22 452
+1%
22 980
+2%
23 503
+2%
24 321
+3%
23 378
-4%
23 682
+1%
23 999
+1%
25 356
+6%
26 260
+4%
26 376
+0%
26 806
+2%
26 434
-1%
25 877
-2%
26 040
+1%
25 927
0%
26 618
+3%
26 722
+0%
27 094
+1%
28 223
+4%
29 189
+3%
30 654
+5%
31 915
+4%
32 367
+1%
32 968
+2%
32 874
0%
32 517
-1%
31 927
-2%
31 612
-1%
31 576
0%
32 077
+2%
32 573
+2%
32 878
+1%
32 996
+0%
33 271
+1%
33 518
+1%
32 978
-2%
33 509
+2%
32 994
-2%
32 358
-2%
32 399
+0%
32 501
+0%
32 949
+1%
33 260
+1%
33 681
+1%
33 634
0%
34 010
+1%
34 941
+3%
35 178
+1%
36 095
+3%
45 973
+27%
46 352
+1%
37 885
-18%
47 623
+26%
39 121
-18%
40 022
+2%
40 978
+2%
41 309
+1%
41 436
+0%
40 821
-1%
Gross Profit
Cost of Revenue
(8 120)
(8 041)
(7 867)
(7 839)
(7 939)
(7 863)
(7 907)
(7 863)
(7 617)
(7 785)
(7 936)
(8 207)
(8 764)
(9 332)
(9 827)
(10 413)
(10 875)
(11 350)
(11 811)
(12 179)
(12 797)
(13 168)
(13 258)
(13 217)
(13 218)
(12 998)
(13 182)
(13 591)
(14 091)
(14 512)
(15 116)
(15 767)
(16 193)
(16 862)
(17 238)
(17 666)
(18 077)
(18 269)
(18 770)
(19 209)
(19 958)
(19 133)
(19 384)
(19 623)
(20 749)
(21 572)
(21 663)
(22 006)
(21 678)
(21 154)
(21 256)
(21 161)
(21 767)
(21 855)
(22 156)
(23 281)
(24 098)
(25 394)
(26 523)
(26 811)
(27 387)
(27 293)
(26 964)
(26 456)
(26 131)
(26 084)
(26 532)
(26 876)
(27 106)
(27 164)
(27 360)
(27 589)
(27 729)
(28 226)
(27 908)
(27 446)
(27 170)
(27 197)
(27 512)
(27 943)
(28 406)
(28 483)
(28 906)
(29 651)
(29 892)
(30 652)
(38 865)
(39 095)
(31 670)
(39 739)
(32 517)
(33 115)
(33 759)
(34 035)
(34 194)
(33 782)
Gross Profit
1 888
N/A
1 848
-2%
1 788
-3%
1 745
-2%
1 742
0%
1 737
0%
1 745
+0%
1 760
+1%
1 776
+1%
1 821
+3%
1 843
+1%
1 893
+3%
2 008
+6%
2 125
+6%
2 247
+6%
2 368
+5%
2 459
+4%
2 529
+3%
2 596
+3%
2 644
+2%
2 663
+1%
2 689
+1%
2 736
+2%
2 798
+2%
2 964
+6%
3 068
+3%
3 151
+3%
3 232
+3%
3 305
+2%
3 354
+1%
3 461
+3%
3 596
+4%
3 687
+3%
3 769
+2%
3 889
+3%
3 973
+2%
4 089
+3%
4 183
+2%
4 210
+1%
4 295
+2%
4 363
+2%
4 245
-3%
4 298
+1%
4 377
+2%
4 607
+5%
4 688
+2%
4 713
+1%
4 801
+2%
4 756
-1%
4 723
-1%
4 784
+1%
4 766
0%
4 851
+2%
4 867
+0%
4 939
+1%
4 941
+0%
5 092
+3%
5 260
+3%
5 392
+3%
5 556
+3%
5 581
+0%
5 581
0%
5 553
0%
5 471
-1%
5 481
+0%
5 493
+0%
5 545
+1%
5 696
+3%
5 772
+1%
5 832
+1%
5 912
+1%
5 929
+0%
5 250
-11%
5 283
+1%
5 086
-4%
4 912
-3%
5 229
+6%
5 303
+1%
5 437
+3%
5 317
-2%
5 275
-1%
5 150
-2%
5 104
-1%
5 290
+4%
5 286
0%
5 442
+3%
7 108
+31%
7 257
+2%
6 215
-14%
7 883
+27%
6 603
-16%
6 907
+5%
7 219
+5%
7 274
+1%
7 242
0%
7 039
-3%
Operating Income
Operating Expenses
(1 636)
(1 653)
(1 564)
(1 550)
(1 533)
(1 537)
(1 597)
(1 621)
(1 586)
(1 689)
(1 665)
(1 649)
(1 697)
(1 766)
(1 863)
(1 969)
(2 018)
(2 101)
(2 175)
(2 249)
(2 154)
(2 210)
(2 249)
(2 293)
(2 416)
(2 459)
(2 503)
(2 574)
(2 679)
(2 719)
(2 813)
(2 875)
(2 916)
(2 961)
(3 051)
(3 170)
(3 221)
(3 310)
(3 317)
(3 363)
(3 360)
(3 234)
(3 234)
(3 220)
(3 564)
(3 592)
(3 590)
(3 823)
(3 648)
(3 728)
(3 800)
(3 642)
(3 532)
(3 478)
(3 526)
(3 518)
(3 660)
(3 855)
(3 882)
(3 970)
(4 185)
(3 967)
(3 847)
(3 749)
(3 780)
(3 652)
(3 770)
(3 843)
(4 086)
(4 031)
(4 056)
(4 106)
(3 452)
(3 436)
(3 260)
(3 155)
(3 394)
(3 501)
(3 598)
(3 405)
(3 375)
(3 270)
(3 332)
(3 540)
(3 683)
(3 723)
(4 838)
(4 960)
(3 963)
(4 968)
(3 838)
(4 114)
(4 610)
(4 698)
(4 707)
(4 488)
Selling, General & Administrative
(1 648)
(1 672)
(1 666)
(1 662)
(1 651)
(1 666)
(1 652)
(1 677)
(1 725)
(1 726)
(1 706)
(1 697)
(1 754)
(1 830)
(1 932)
(2 042)
(2 105)
(2 195)
(2 276)
(2 326)
(2 260)
(2 315)
(2 355)
(2 404)
(2 529)
(2 573)
(2 620)
(2 692)
(2 805)
(2 851)
(2 943)
(3 004)
(2 959)
(3 028)
(3 119)
(3 240)
(3 258)
(3 441)
(3 456)
(3 508)
(3 559)
(3 441)
(3 446)
(3 438)
(3 789)
(3 849)
(3 860)
(4 086)
(3 927)
(3 910)
(3 969)
(3 809)
(3 700)
(3 652)
(3 675)
(3 676)
(3 838)
(4 008)
(4 059)
(4 130)
(4 185)
(4 089)
(3 986)
(3 881)
(3 780)
(3 782)
(3 892)
(3 971)
(4 086)
(4 148)
(4 176)
(4 213)
(3 531)
(3 484)
(3 338)
(3 244)
(3 456)
(3 581)
(3 696)
(3 517)
(3 455)
(3 340)
(3 406)
(3 610)
(3 700)
(3 783)
(4 874)
(4 972)
(3 915)
(4 935)
(3 804)
(4 061)
(4 670)
(4 775)
(4 865)
(4 660)
Other Operating Expenses
12
18
101
111
118
129
55
55
139
37
42
48
57
62
67
73
86
94
102
77
106
105
106
111
112
114
117
118
127
130
130
128
44
67
69
70
38
132
139
145
199
207
212
218
225
257
269
263
279
182
169
167
168
175
149
158
178
153
177
159
0
122
139
133
0
130
122
129
0
118
121
108
79
47
78
89
62
81
98
112
81
69
74
70
17
61
35
12
(48)
(33)
(34)
(53)
60
77
157
171
Operating Income
252
N/A
196
-22%
223
+14%
195
-13%
208
+7%
199
-4%
148
-26%
138
-6%
190
+37%
132
-30%
179
+35%
244
+37%
312
+28%
359
+15%
384
+7%
399
+4%
440
+10%
428
-3%
422
-1%
396
-6%
509
+29%
479
-6%
486
+2%
505
+4%
548
+9%
609
+11%
648
+6%
658
+2%
626
-5%
634
+1%
648
+2%
721
+11%
771
+7%
808
+5%
838
+4%
802
-4%
868
+8%
873
+1%
893
+2%
932
+4%
1 003
+8%
1 010
+1%
1 064
+5%
1 157
+9%
1 043
-10%
1 095
+5%
1 123
+3%
978
-13%
1 108
+13%
995
-10%
985
-1%
1 124
+14%
1 319
+17%
1 389
+5%
1 412
+2%
1 423
+1%
1 431
+1%
1 406
-2%
1 510
+7%
1 585
+5%
1 396
-12%
1 614
+16%
1 707
+6%
1 723
+1%
1 701
-1%
1 841
+8%
1 775
-4%
1 854
+4%
1 686
-9%
1 802
+7%
1 856
+3%
1 823
-2%
1 797
-1%
1 846
+3%
1 825
-1%
1 757
-4%
1 835
+4%
1 803
-2%
1 840
+2%
1 912
+4%
1 900
-1%
1 880
-1%
1 772
-6%
1 749
-1%
1 603
-8%
1 720
+7%
2 270
+32%
2 297
+1%
2 252
-2%
2 915
+29%
2 765
-5%
2 793
+1%
2 609
-7%
2 577
-1%
2 534
-2%
2 550
+1%
Pre-Tax Income
Interest Income Expense
(58)
(29)
(71)
(61)
(56)
(49)
26
31
(37)
63
86
103
90
97
104
100
91
119
114
113
103
123
132
127
125
105
113
115
123
117
139
138
164
161
153
156
138
140
160
158
154
160
164
203
159
195
217
186
180
167
163
147
162
184
192
233
296
311
318
300
247
212
216
222
139
169
191
179
341
313
372
370
337
315
290
297
283
291
248
287
298
308
324
301
367
499
679
683
492
537
639
675
747
888
705
722
Non-Reccuring Items
58
48
59
65
3
0
0
(17)
0
0
0
0
1
0
0
0
1
1
(31)
0
(88)
(105)
(73)
(73)
(23)
(24)
(30)
(24)
8
(3)
(3)
(9)
(11)
(6)
0
3
7
43
43
38
69
32
(9)
16
(18)
(12)
28
20
13
(19)
(23)
(38)
37
68
58
53
(21)
0
(41)
(68)
(140)
(140)
(140)
(108)
(56)
(55)
(46)
(46)
6
6
(12)
(12)
(47)
0
(2)
(0)
2
0
3
2
2
(2)
(38)
(37)
29
(59)
(24)
0
27
31
29
13
(13)
(14)
(18)
(6)
Gain/Loss on Disposition of Assets
(12)
1
2
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(18)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
(1)
(1)
0
12
5
7
3
7
13
26
14
12
12
8
12
12
12
3
1
1
1
3
4
4
5
2
1
2
1
1
2
1
(1)
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
Total Other Income
0
0
(1)
(1)
(1)
2
1
0
(1)
0
1
0
(1)
(1)
(1)
(0)
0
(2)
(2)
(2)
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)
140
0
0
0
122
(0)
0
0
118
0
0
0
17
17
20
18
(1)
(1)
10
7
(2)
37
29
41
0
1
(2)
(10)
0
0
0
0
0
0
0
0
Pre-Tax Income
240
N/A
215
-10%
212
-1%
200
-6%
154
-23%
152
-1%
175
+15%
153
-13%
152
0%
196
+29%
265
+35%
348
+31%
402
+16%
455
+13%
487
+7%
498
+2%
532
+7%
547
+3%
503
-8%
506
+1%
507
+0%
497
-2%
546
+10%
560
+2%
650
+16%
690
+6%
731
+6%
749
+3%
757
+1%
748
-1%
785
+5%
850
+8%
924
+9%
964
+4%
991
+3%
961
-3%
1 013
+5%
1 056
+4%
1 095
+4%
1 126
+3%
1 226
+9%
1 214
-1%
1 224
+1%
1 383
+13%
1 187
-14%
1 285
+8%
1 381
+7%
1 210
-12%
1 315
+9%
1 156
-12%
1 137
-2%
1 241
+9%
1 529
+23%
1 653
+8%
1 675
+1%
1 711
+2%
1 707
0%
1 718
+1%
1 788
+4%
1 820
+2%
1 647
-10%
1 691
+3%
1 787
+6%
1 839
+3%
1 908
+4%
1 957
+3%
1 922
-2%
1 988
+3%
2 153
+8%
2 122
-1%
2 216
+4%
2 181
-2%
2 104
-4%
2 179
+4%
2 134
-2%
2 072
-3%
2 118
+2%
2 092
-1%
2 101
+0%
2 208
+5%
2 198
0%
2 223
+1%
2 086
-6%
2 055
-1%
1 999
-3%
2 161
+8%
2 922
+35%
2 970
+2%
2 770
-7%
3 483
+26%
3 433
-1%
3 481
+1%
3 343
-4%
3 450
+3%
3 222
-7%
3 267
+1%
Net Income
Tax Provision
(47)
(39)
(26)
(18)
(15)
(12)
(13)
(11)
(16)
(25)
(39)
(52)
(59)
(76)
(83)
(91)
(119)
(118)
(114)
(115)
(137)
(137)
(145)
(157)
(171)
(190)
(198)
(187)
(183)
(176)
(179)
(212)
(215)
(224)
(236)
(229)
(261)
(268)
(279)
(287)
(296)
(284)
(274)
(292)
(260)
(289)
(291)
(261)
(276)
(237)
(260)
(282)
(292)
(322)
(296)
(285)
(291)
(275)
(297)
(310)
(261)
(288)
(296)
(306)
(376)
(379)
(370)
(381)
(372)
(373)
(382)
(380)
(359)
(375)
(373)
(361)
(374)
(365)
(375)
(385)
(403)
(410)
(379)
(375)
(327)
(337)
(471)
(488)
(486)
(625)
(582)
(598)
(567)
(557)
(547)
(539)
Income from Continuing Operations
194
176
186
182
139
140
161
142
137
171
226
295
343
379
405
408
413
429
388
391
370
360
401
403
479
500
533
562
573
572
606
638
709
740
755
732
752
789
816
839
931
930
951
1 091
927
996
1 089
949
1 040
919
877
960
1 237
1 331
1 379
1 426
1 415
1 443
1 491
1 510
1 387
1 402
1 491
1 532
1 531
1 578
1 552
1 607
1 781
1 749
1 834
1 801
1 745
1 805
1 761
1 711
1 744
1 727
1 726
1 823
1 795
1 813
1 707
1 680
1 671
1 823
2 451
2 482
2 285
2 858
2 851
2 883
2 776
2 893
2 675
2 728
Income to Minority Interest
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
(6)
(3)
(5)
(5)
(1)
(4)
(4)
(4)
(4)
(4)
(4)
(5)
(10)
(7)
(12)
(16)
(15)
(23)
(22)
(24)
(26)
(31)
(34)
(38)
(39)
(38)
(37)
(35)
(34)
(32)
(33)
(35)
(41)
(37)
(39)
(39)
(36)
(42)
(45)
(50)
(50)
(52)
(49)
(45)
(65)
(64)
(77)
(50)
(67)
(73)
(64)
(67)
(69)
(72)
(86)
Net Income (Common)
194
N/A
176
-9%
186
+5%
182
-2%
139
-24%
140
+1%
161
+15%
142
-12%
137
-3%
171
+25%
226
+32%
295
+31%
343
+16%
379
+11%
405
+7%
408
+1%
413
+1%
429
+4%
388
-10%
391
+1%
370
-5%
360
-3%
401
+11%
403
+1%
479
+19%
500
+4%
533
+7%
562
+6%
573
+2%
572
0%
606
+6%
638
+5%
709
+11%
740
+4%
755
+2%
732
-3%
752
+3%
789
+5%
816
+4%
839
+3%
930
+11%
962
+3%
983
+2%
1 121
+14%
971
-13%
1 041
+7%
1 134
+9%
993
-12%
1 036
+4%
915
-12%
873
-5%
956
+9%
1 232
+29%
1 321
+7%
1 372
+4%
1 414
+3%
1 400
-1%
1 428
+2%
1 468
+3%
1 488
+1%
1 363
-8%
1 376
+1%
1 458
+6%
1 495
+3%
1 489
0%
1 535
+3%
1 510
-2%
1 566
+4%
1 743
+11%
1 712
-2%
1 800
+5%
1 768
-2%
1 710
-3%
1 764
+3%
1 723
-2%
1 671
-3%
1 705
+2%
1 691
-1%
1 684
0%
1 778
+6%
1 745
-2%
1 763
+1%
1 656
-6%
1 631
-1%
1 627
0%
1 758
+8%
2 387
+36%
2 405
+1%
2 235
-7%
2 791
+25%
2 778
0%
2 819
+2%
2 710
-4%
2 825
+4%
2 603
-8%
2 641
+1%
EPS (Diluted)
0.69
N/A
0.63
-9%
0.66
+5%
0.64
-3%
0.49
-23%
0.5
+2%
0.58
+16%
0.51
-12%
0.48
-6%
0.61
+27%
0.8
+31%
1.05
+31%
1.22
+16%
1.34
+10%
1.43
+7%
1.44
+1%
1.46
+1%
1.52
+4%
1.38
-9%
1.39
+1%
1.31
-6%
1.28
-2%
1.42
+11%
1.43
+1%
1.69
+18%
1.77
+5%
1.48
-16%
1.76
+19%
1.95
+11%
1.79
-8%
1.9
+6%
2
+5%
2.23
+12%
2.33
+4%
2.34
+0%
2.3
-2%
2.36
+3%
2.47
+5%
2.56
+4%
2.64
+3%
2.92
+11%
3.02
+3%
3.05
+1%
3.52
+15%
3.05
-13%
3.27
+7%
3.55
+9%
3.07
-14%
3.23
+5%
2.79
-14%
2.67
-4%
2.92
+9%
3.78
+29%
4
+6%
4.12
+3%
4.3
+4%
4.25
-1%
4.32
+2%
4.43
+3%
4.49
+1%
4.13
-8%
4.17
+1%
4.43
+6%
4.52
+2%
4.53
+0%
4.66
+3%
4.58
-2%
4.75
+4%
5.29
+11%
5.19
-2%
5.46
+5%
5.36
-2%
5.18
-3%
5.35
+3%
5.22
-2%
5.07
-3%
5.18
+2%
5.14
-1%
5.12
0%
5.41
+6%
5.32
-2%
5.37
+1%
5.05
-6%
4.98
-1%
4.98
N/A
5.39
+8%
7.31
+36%
7.36
+1%
6.83
-7%
8.5
+24%
8.47
0%
8.59
+1%
8.25
-4%
8.6
+4%
7.88
-8%
8.02
+2%

See Also

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