T

Thanulux PCL
SET:TNL

Watchlist Manager
Thanulux PCL
SET:TNL
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Price: 23.6 THB
Market Cap: 7.2B THB
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-
5Y
-
10Y
-
Operating Income
+
3Y
-
5Y
-43%
10Y
-
Net Income
+
3Y
+374%
5Y
-
10Y
+122%

Earnings Waterfall
Thanulux PCL

Revenue
0 THB
Operating Expenses
-111.2m THB
Operating Income
-111.2m THB
Other Expenses
530.2m THB
Net Income
419m THB

Income Statement
Thanulux 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
13
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4
4
4
4
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
1
1
1
1
1
1
1
1
1
7
36
43
62
84
86
110
120
128
0
0
0
Revenue
1 433
N/A
1 494
+4%
1 490
0%
1 489
0%
1 568
+5%
1 580
+1%
1 695
+7%
1 873
+11%
2 068
+10%
2 174
+5%
2 248
+3%
2 313
+3%
2 325
+1%
2 381
+2%
2 427
+2%
2 327
-4%
2 280
-2%
2 212
-3%
2 093
-5%
2 068
-1%
2 025
-2%
2 015
0%
2 068
+3%
2 069
+0%
2 056
-1%
2 021
-2%
1 915
-5%
1 866
-3%
1 833
-2%
1 856
+1%
1 916
+3%
1 991
+4%
2 079
+4%
2 185
+5%
2 297
+5%
2 431
+6%
2 457
+1%
2 522
+3%
2 580
+2%
2 563
-1%
2 646
+3%
2 611
-1%
2 567
-2%
2 486
-3%
2 305
-7%
2 209
-4%
2 155
-2%
2 156
+0%
2 173
+1%
2 160
-1%
2 123
-2%
2 105
-1%
2 075
-1%
2 061
-1%
2 035
-1%
2 018
-1%
2 009
0%
1 990
-1%
1 942
-2%
1 897
-2%
1 859
-2%
1 841
-1%
1 834
0%
1 821
-1%
1 779
-2%
1 745
-2%
1 704
-2%
1 654
-3%
1 633
-1%
1 593
-2%
1 393
-13%
1 242
-11%
1 119
-10%
1 067
-5%
1 178
+10%
1 226
+4%
1 333
+9%
1 405
+5%
1 540
+10%
1 751
+14%
1 777
+1%
1 827
+3%
1 797
-2%
1 674
-7%
1 619
-3%
1 549
-4%
1 144
-26%
758
-34%
0
N/A
0
N/A
0
N/A
0
N/A
Gross Profit
Cost of Revenue
(1 075)
(1 116)
(1 117)
(1 116)
(1 185)
(1 181)
(1 262)
(1 386)
(1 550)
(1 637)
(1 689)
(1 708)
(1 672)
(1 696)
(1 727)
(1 676)
(1 669)
(1 641)
(1 574)
(1 561)
(1 522)
(1 498)
(1 525)
(1 514)
(1 508)
(1 481)
(1 407)
(1 384)
(1 357)
(1 382)
(1 428)
(1 465)
(1 529)
(1 594)
(1 658)
(1 741)
(1 747)
(1 736)
(1 780)
(1 776)
(1 827)
(1 885)
(1 848)
(1 803)
(1 684)
(1 597)
(1 551)
(1 553)
(1 553)
(1 558)
(1 540)
(1 522)
(1 504)
(1 479)
(1 447)
(1 413)
(1 396)
(1 390)
(1 370)
(1 355)
(1 320)
(1 298)
(1 276)
(1 269)
(1 253)
(1 239)
(1 222)
(1 191)
(1 191)
(1 153)
(1 025)
(928)
(828)
(793)
(862)
(884)
(951)
(1 006)
(1 092)
(1 226)
(1 243)
(1 273)
(1 250)
(1 172)
(1 136)
(1 090)
0
0
0
0
0
0
Gross Profit
358
N/A
378
+6%
373
-1%
373
+0%
384
+3%
399
+4%
433
+9%
487
+12%
518
+6%
537
+4%
560
+4%
605
+8%
653
+8%
686
+5%
700
+2%
651
-7%
610
-6%
571
-6%
519
-9%
507
-2%
503
-1%
517
+3%
543
+5%
555
+2%
548
-1%
540
-2%
508
-6%
481
-5%
476
-1%
475
0%
488
+3%
527
+8%
550
+4%
591
+7%
639
+8%
691
+8%
710
+3%
786
+11%
800
+2%
787
-2%
818
+4%
727
-11%
719
-1%
683
-5%
621
-9%
611
-2%
605
-1%
603
0%
619
+3%
602
-3%
583
-3%
583
+0%
571
-2%
582
+2%
588
+1%
605
+3%
612
+1%
600
-2%
572
-5%
542
-5%
539
-1%
543
+1%
558
+3%
552
-1%
526
-5%
505
-4%
482
-5%
463
-4%
442
-5%
440
-1%
368
-16%
314
-15%
291
-7%
274
-6%
316
+15%
342
+8%
382
+12%
399
+4%
448
+12%
526
+17%
534
+2%
554
+4%
547
-1%
502
-8%
484
-4%
459
-5%
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
0
N/A
Operating Income
Operating Expenses
(213)
(236)
(237)
(258)
(254)
(265)
(296)
(331)
(374)
(387)
(401)
(406)
(397)
(413)
(403)
(404)
(404)
(388)
(391)
(374)
(372)
(374)
(374)
(384)
(375)
(391)
(386)
(380)
(379)
(368)
(387)
(402)
(422)
(432)
(445)
(462)
(460)
(511)
(523)
(531)
(560)
(520)
(516)
(509)
(495)
(494)
(489)
(497)
(497)
(488)
(474)
(477)
(480)
(493)
(506)
(490)
(486)
(479)
(471)
(471)
(463)
(470)
(477)
(465)
(468)
(467)
(455)
(452)
(466)
(461)
(417)
(392)
(365)
(350)
(371)
(374)
(369)
(374)
(400)
(448)
(475)
(443)
(426)
(393)
(440)
(586)
(1 352)
(1 010)
(268)
(169)
(163)
(111)
Selling, General & Administrative
(264)
(289)
(284)
(285)
(280)
(280)
(305)
(335)
(372)
(388)
(406)
(407)
(391)
(405)
(404)
(408)
(417)
(405)
(401)
(383)
(383)
(379)
(379)
(385)
(373)
(386)
(379)
(376)
(374)
(360)
(375)
(381)
(396)
(401)
(411)
(425)
(419)
(466)
(473)
(480)
(507)
(470)
(467)
(467)
(461)
(465)
(464)
(472)
(478)
(479)
(483)
(492)
(496)
(504)
(506)
(496)
(483)
(477)
(469)
(468)
(476)
(478)
(482)
(469)
(460)
(463)
(452)
(454)
(459)
(455)
(428)
(409)
(395)
(384)
(394)
(393)
(385)
(390)
(414)
(467)
(567)
(571)
(625)
(642)
(813)
(905)
(830)
(749)
(464)
(372)
(381)
(333)
Depreciation & Amortization
0
0
0
0
0
0
0
0
4
0
0
0
6
0
0
0
6
0
0
0
6
0
0
0
0
0
0
0
0
0
0
0
2
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
Other Operating Expenses
50
52
47
28
26
16
9
4
(7)
0
5
2
(11)
(8)
0
3
8
17
10
9
6
5
4
1
(1)
(5)
(7)
(4)
(4)
(8)
(13)
(21)
(28)
(31)
(34)
(38)
(41)
(46)
(50)
(51)
(53)
(51)
(49)
(43)
(34)
(29)
(24)
(25)
(19)
(10)
9
15
17
11
(1)
6
(2)
(2)
(2)
(2)
13
9
4
4
(8)
(5)
(4)
1
(7)
(6)
12
18
31
34
23
19
16
16
14
19
92
128
199
249
373
319
(522)
(261)
196
203
218
221
Operating Income
145
N/A
142
-2%
136
-4%
116
-15%
130
+12%
134
+4%
138
+3%
156
+13%
144
-8%
149
+4%
159
+6%
199
+25%
257
+29%
272
+6%
297
+9%
247
-17%
206
-16%
182
-12%
127
-30%
133
+4%
131
-2%
143
+10%
169
+18%
170
+1%
173
+2%
149
-14%
122
-18%
102
-17%
97
-4%
107
+10%
101
-6%
125
+24%
128
+2%
159
+24%
194
+22%
229
+18%
250
+9%
275
+10%
277
+1%
255
-8%
259
+1%
206
-20%
203
-2%
174
-14%
126
-28%
117
-7%
116
-1%
106
-9%
123
+16%
114
-7%
109
-5%
106
-3%
92
-13%
89
-3%
82
-8%
115
+41%
127
+11%
121
-5%
101
-16%
71
-30%
76
+7%
73
-4%
81
+10%
87
+8%
58
-33%
38
-34%
27
-30%
11
-59%
(24)
N/A
(21)
+12%
(49)
-132%
(78)
-60%
(74)
+5%
(76)
-3%
(55)
+27%
(32)
+42%
13
N/A
25
+88%
48
+95%
77
+61%
59
-23%
111
+87%
120
+9%
109
-9%
43
-60%
(127)
N/A
(208)
-64%
(251)
-21%
(268)
-7%
(169)
+37%
(163)
+3%
(111)
+32%
Pre-Tax Income
Interest Income Expense
27
40
40
35
39
42
38
46
48
38
50
44
46
66
56
57
63
63
76
73
81
71
66
53
63
28
51
63
68
59
59
65
73
67
72
78
80
85
74
72
85
71
85
88
88
91
86
84
85
82
85
86
87
93
79
80
78
81
84
83
81
83
86
92
152
144
172
167
109
100
79
77
75
80
65
65
63
56
72
71
81
148
233
501
589
790
875
717
786
694
602
650
Non-Reccuring Items
28
28
36
75
32
33
70
34
35
36
(1)
1
(3)
(3)
(2)
(2)
(0)
1
(1)
2
(1)
2
2
3
(12)
3
2
1
(5)
1
2
2
(2)
2
1
0
(0)
0
0
0
(14)
0
0
(29)
0
0
0
30
1
0
0
(1)
(6)
0
0
(8)
0
0
0
2
(3)
0
0
(3)
1
0
0
0
(0)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12
0
0
0
(12)
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
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
Pre-Tax Income
199
N/A
209
+5%
212
+2%
226
+7%
201
-11%
209
+4%
246
+17%
237
-4%
227
-4%
223
-2%
208
-7%
244
+18%
299
+23%
335
+12%
351
+5%
303
-14%
269
-11%
247
-8%
203
-18%
207
+2%
211
+2%
216
+3%
238
+10%
226
-5%
224
-1%
180
-20%
175
-2%
166
-6%
161
-3%
167
+4%
162
-3%
192
+19%
199
+4%
227
+14%
267
+17%
307
+15%
330
+8%
360
+9%
351
-3%
327
-7%
329
+1%
277
-16%
287
+4%
233
-19%
214
-8%
208
-3%
202
-3%
219
+8%
208
-5%
196
-6%
193
-1%
191
-1%
173
-9%
182
+5%
160
-12%
187
+16%
204
+9%
202
-1%
185
-8%
156
-16%
154
-2%
157
+2%
167
+7%
175
+5%
211
+20%
183
-13%
199
+9%
178
-11%
85
-52%
79
-6%
30
-62%
(0)
N/A
2
N/A
5
+208%
9
+104%
33
+250%
76
+128%
81
+6%
120
+48%
148
+24%
140
-6%
258
+85%
353
+37%
610
+73%
632
+4%
663
+5%
667
+1%
479
-28%
518
+8%
525
+1%
439
-16%
526
+20%
Net Income
Tax Provision
(25)
(28)
(25)
(33)
(18)
(18)
(26)
(20)
(14)
(17)
(13)
(18)
(29)
(31)
(30)
(24)
(17)
(13)
(7)
(11)
(12)
(14)
(16)
(12)
(14)
(10)
(9)
(9)
(7)
(8)
(9)
(12)
(13)
(24)
(30)
(43)
(48)
(48)
(42)
(33)
(40)
(27)
(32)
(23)
(11)
(6)
(0)
1
(3)
(2)
(7)
(7)
(7)
(6)
(3)
(4)
(2)
(4)
(1)
2
(3)
(4)
(7)
(10)
(16)
(14)
(13)
(10)
4
5
7
0
10
8
8
14
(13)
(16)
(57)
(60)
(38)
(61)
(54)
(77)
(119)
(133)
(144)
(158)
(168)
(148)
(108)
(107)
Income from Continuing Operations
174
181
188
193
183
192
220
217
214
206
194
227
270
305
321
279
252
233
196
197
199
202
221
215
210
170
166
156
154
160
153
180
186
203
236
264
282
311
309
294
289
251
256
210
203
202
202
220
205
193
186
184
166
176
158
183
202
198
184
158
150
153
160
165
195
169
187
167
88
84
37
(0)
11
12
17
47
63
65
63
88
102
197
299
534
513
530
522
321
350
378
331
419
Income to Minority Interest
0
0
0
0
0
0
0
0
(0)
0
(0)
(1)
(2)
(2)
(2)
(1)
(0)
(0)
(0)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(0)
0
0
(0)
(0)
(1)
(2)
(2)
(3)
(2)
(1)
1
3
4
4
5
4
4
4
4
3
5
6
7
7
5
4
3
4
3
3
2
1
1
1
1
0
1
1
1
1
1
0
(0)
(0)
(0)
(0)
0
0
0
0
0
(3)
(8)
(13)
(10)
(8)
(5)
1
(2)
(1)
0
0
Equity Earnings Affiliates
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
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
Net Income (Common)
174
N/A
181
+4%
188
+4%
193
+3%
183
-5%
192
+5%
220
+15%
217
-1%
214
-2%
207
-3%
194
-6%
225
+16%
268
+19%
303
+13%
319
+5%
278
-13%
252
-9%
233
-7%
195
-16%
196
+0%
198
+1%
201
+1%
220
+10%
213
-3%
209
-2%
169
-19%
165
-2%
155
-6%
154
-1%
159
+4%
154
-4%
181
+18%
186
+3%
203
+9%
235
+16%
262
+11%
280
+7%
309
+10%
307
-1%
293
-4%
290
-1%
254
-12%
259
+2%
214
-18%
207
-3%
206
-1%
206
+0%
224
+9%
208
-7%
196
-6%
191
-3%
189
-1%
173
-8%
183
+5%
163
-11%
187
+15%
205
+10%
202
-1%
187
-7%
161
-14%
152
-5%
154
+1%
162
+5%
166
+3%
196
+18%
169
-14%
187
+11%
169
-10%
90
-47%
85
-6%
38
-56%
(0)
N/A
11
N/A
12
+13%
17
+38%
47
+183%
63
+33%
65
+4%
63
-4%
88
+41%
102
+16%
194
+90%
291
+50%
521
+79%
503
-3%
522
+4%
537
+3%
348
-35%
400
+15%
403
+1%
338
-16%
419
+24%
EPS (Diluted)
1.45
N/A
1.5
+3%
1.56
+4%
1.61
+3%
1.52
-6%
1.6
+5%
1.83
+14%
1.81
-1%
1.78
-2%
1.72
-3%
1.62
-6%
1.88
+16%
2.24
+19%
2.52
+13%
2.62
+4%
2.31
-12%
2.1
-9%
1.94
-8%
1.6
-18%
1.63
+2%
1.65
+1%
1.67
+1%
1.83
+10%
1.78
-3%
1.74
-2%
1.4
-20%
1.37
-2%
1.29
-6%
1.28
-1%
1.33
+4%
1.26
-5%
1.51
+20%
1.55
+3%
1.69
+9%
1.95
+15%
2.17
+11%
2.33
+7%
2.57
+10%
2.55
-1%
2.44
-4%
2.41
-1%
2.11
-12%
2.16
+2%
1.78
-18%
1.73
-3%
1.72
-1%
1.72
N/A
1.87
+9%
1.73
-7%
1.64
-5%
1.6
-2%
1.59
-1%
1.44
-9%
1.53
+6%
1.36
-11%
1.56
+15%
1.71
+10%
1.68
-2%
1.55
-8%
1.33
-14%
1.27
-5%
1.28
+1%
1.35
+5%
1.38
+2%
1.63
+18%
1.41
-13%
1.56
+11%
1.4
-10%
0.75
-46%
0.71
-5%
0.31
-56%
0
N/A
0.09
N/A
0.1
+11%
0.14
+40%
0.4
+186%
0.52
+30%
0.54
+4%
0.52
-4%
0.73
+40%
0.8
+10%
0.85
+6%
0.95
+12%
1.71
+80%
1.76
+3%
1.71
-3%
1.74
+2%
1.14
-34%
1.31
+15%
1.31
N/A
1.1
-16%
1.37
+25%

See Also

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