V

Vanachai Group PCL
SET:VNG

Watchlist Manager
Vanachai Group PCL
SET:VNG
Watchlist
Price: 1.69 THB Market Closed
Market Cap: ฿2.9B
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
-15%
5Y
+19%
10Y
+8%
Operating Income
+
3Y
-
5Y
+71%
10Y
-
Net Income
+
3Y
-
5Y
+55%
10Y
-

Earnings Waterfall
Vanachai Group PCL

Income Statement
Vanachai Group 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
334
302
275
241
214
195
172
153
135
115
105
116
127
138
145
144
143
142
145
145
159
188
218
248
275
284
284
292
302
305
305
298
281
271
266
256
247
244
246
259
267
272
278
270
263
254
244
235
233
229
225
222
213
204
192
179
172
162
152
144
130
128
127
125
124
117
114
115
122
153
185
222
256
268
272
269
270
267
269
269
292
305
316
332
330
347
374
403
422
438
449
449
443
0
0
0
Revenue
3 887
N/A
3 957
+2%
4 184
+6%
4 204
+0%
4 145
-1%
4 185
+1%
4 126
-1%
4 105
-1%
4 229
+3%
4 403
+4%
4 593
+4%
5 028
+9%
5 492
+9%
5 736
+4%
5 942
+4%
5 998
+1%
5 988
0%
6 167
+3%
6 309
+2%
6 364
+1%
6 617
+4%
6 862
+4%
7 006
+2%
7 197
+3%
7 624
+6%
7 725
+1%
8 094
+5%
8 404
+4%
7 274
-13%
6 612
-9%
6 184
-6%
5 949
-4%
7 412
+25%
8 367
+13%
9 129
+9%
9 709
+6%
9 596
-1%
9 565
0%
9 675
+1%
10 013
+3%
10 236
+2%
10 342
+1%
10 741
+4%
10 352
-4%
9 767
-6%
9 484
-3%
8 448
-11%
8 172
-3%
8 481
+4%
8 768
+3%
9 419
+7%
10 307
+9%
10 751
+4%
10 991
+2%
11 231
+2%
11 073
-1%
10 793
-3%
10 852
+1%
10 843
0%
10 825
0%
11 101
+3%
11 188
+1%
11 570
+3%
12 024
+4%
12 309
+2%
11 930
-3%
11 519
-3%
11 116
-3%
10 249
-8%
10 314
+1%
12 295
+19%
11 911
-3%
9 440
-21%
11 349
+20%
10 540
-7%
10 109
-4%
8 312
-18%
11 452
+38%
10 207
-11%
11 444
+12%
12 988
+13%
13 389
+3%
14 644
+9%
14 161
-3%
13 138
-7%
13 352
+2%
12 873
-4%
13 056
+1%
14 148
+8%
13 582
-4%
13 345
-2%
13 853
+4%
13 540
-2%
13 451
-1%
13 025
-3%
12 000
-8%
Gross Profit
Cost of Revenue
(2 278)
(2 293)
(2 395)
(2 347)
(2 320)
(2 372)
(2 327)
(2 326)
(2 479)
(2 593)
(2 676)
(2 958)
(3 258)
(3 467)
(3 744)
(3 910)
(4 020)
(4 225)
(4 365)
(4 443)
(4 590)
(4 709)
(4 822)
(5 033)
(5 506)
(5 677)
(5 909)
(6 125)
(5 261)
(5 037)
(4 980)
(4 833)
(5 703)
(6 093)
(6 418)
(6 844)
(7 068)
(7 276)
(7 642)
(8 007)
(8 123)
(8 198)
(8 474)
(8 232)
(7 919)
(7 845)
(7 240)
(7 080)
(7 241)
(7 330)
(7 621)
(8 108)
(8 338)
(8 324)
(8 250)
(7 941)
(7 649)
(7 683)
(7 688)
(7 733)
(7 873)
(7 974)
(8 399)
(8 887)
(9 344)
(9 286)
(9 182)
(9 165)
(8 691)
(8 935)
(11 024)
(10 885)
(8 792)
(10 473)
(9 504)
(9 026)
(7 309)
(9 852)
(8 396)
(8 855)
(9 747)
(9 983)
(11 125)
(11 032)
(10 554)
(11 199)
(10 964)
(11 174)
(11 822)
(10 978)
(10 695)
(11 195)
(11 280)
(11 393)
(11 312)
(10 693)
Gross Profit
1 610
N/A
1 663
+3%
1 789
+8%
1 857
+4%
1 825
-2%
1 813
-1%
1 798
-1%
1 778
-1%
1 749
-2%
1 810
+3%
1 917
+6%
2 070
+8%
2 234
+8%
2 269
+2%
2 198
-3%
2 088
-5%
1 967
-6%
1 942
-1%
1 944
+0%
1 921
-1%
2 027
+6%
2 154
+6%
2 184
+1%
2 164
-1%
2 117
-2%
2 049
-3%
2 185
+7%
2 280
+4%
2 013
-12%
1 575
-22%
1 204
-24%
1 116
-7%
1 709
+53%
2 273
+33%
2 712
+19%
2 864
+6%
2 528
-12%
2 289
-9%
2 033
-11%
2 007
-1%
2 114
+5%
2 144
+1%
2 268
+6%
2 121
-6%
1 848
-13%
1 640
-11%
1 208
-26%
1 092
-10%
1 240
+14%
1 437
+16%
1 798
+25%
2 199
+22%
2 413
+10%
2 667
+11%
2 981
+12%
3 132
+5%
3 144
+0%
3 169
+1%
3 155
0%
3 092
-2%
3 227
+4%
3 214
0%
3 171
-1%
3 137
-1%
2 966
-5%
2 644
-11%
2 337
-12%
1 951
-16%
1 558
-20%
1 378
-12%
1 271
-8%
1 026
-19%
648
-37%
876
+35%
1 036
+18%
1 083
+5%
1 003
-7%
1 600
+60%
1 810
+13%
2 589
+43%
3 241
+25%
3 407
+5%
3 519
+3%
3 129
-11%
2 584
-17%
2 153
-17%
1 909
-11%
1 882
-1%
2 326
+24%
2 604
+12%
2 650
+2%
2 658
+0%
2 260
-15%
2 059
-9%
1 713
-17%
1 308
-24%
Operating Income
Operating Expenses
(432)
(433)
(440)
(455)
(438)
(446)
(494)
(524)
(558)
(567)
(559)
(622)
(703)
(800)
(876)
(860)
(894)
(934)
(946)
(994)
(1 009)
(1 036)
(1 070)
(1 118)
(1 195)
(1 193)
(1 243)
(1 265)
(1 256)
(1 289)
(1 249)
(1 225)
(1 270)
(1 297)
(1 371)
(1 444)
(1 427)
(1 395)
(1 367)
(1 374)
(1 349)
(1 356)
(1 343)
(1 313)
(1 335)
(1 345)
(1 344)
(1 331)
(1 269)
(1 276)
(1 326)
(1 377)
(1 492)
(1 543)
(1 563)
(1 578)
(1 517)
(1 504)
(1 482)
(1 473)
(1 460)
(1 494)
(1 590)
(1 662)
(1 779)
(1 778)
(1 771)
(1 785)
(1 688)
(1 699)
(2 127)
(2 077)
(1 623)
(1 993)
(1 724)
(1 640)
(1 284)
(1 673)
(1 398)
(1 467)
(1 613)
(1 584)
(1 644)
(1 560)
(1 498)
(1 603)
(1 664)
(1 723)
(1 847)
(1 780)
(1 663)
(1 629)
(1 910)
(1 568)
(1 515)
(1 467)
Selling, General & Administrative
(453)
(461)
(465)
(469)
(457)
(467)
(516)
(557)
(586)
(607)
(613)
(675)
(767)
(852)
(926)
(965)
(1 005)
(1 065)
(1 075)
(1 072)
(1 083)
(1 114)
(1 158)
(1 210)
(1 283)
(1 288)
(1 333)
(1 351)
(1 356)
(1 372)
(1 319)
(1 288)
(1 342)
(1 331)
(1 411)
(1 481)
(1 466)
(1 431)
(1 410)
(1 416)
(1 392)
(1 404)
(1 428)
(1 400)
(1 408)
(1 406)
(1 353)
(1 333)
(1 296)
(1 304)
(1 364)
(1 420)
(1 511)
(1 568)
(1 592)
(1 603)
(1 551)
(1 533)
(1 506)
(1 503)
(1 545)
(1 586)
(1 684)
(1 756)
(1 815)
(1 811)
(1 796)
(1 814)
(1 716)
(1 730)
(2 167)
(2 110)
(1 644)
(2 019)
(1 749)
(1 666)
(1 314)
(1 709)
(1 429)
(1 494)
(1 616)
(1 581)
(1 663)
(1 603)
(1 556)
(1 663)
(1 709)
(1 752)
(1 884)
(1 840)
(1 838)
(1 937)
(1 928)
(1 850)
(1 677)
(1 493)
Other Operating Expenses
20
28
26
14
19
21
22
33
29
39
54
53
65
53
50
105
112
131
130
78
74
78
88
91
89
95
90
87
100
84
70
63
72
34
41
37
38
36
43
42
43
48
85
86
73
61
9
2
27
28
39
43
19
25
29
25
34
29
25
30
85
92
94
94
36
33
25
29
29
31
41
33
20
26
25
26
31
36
32
28
3
(3)
19
44
58
60
45
30
37
60
175
308
19
282
163
25
Operating Income
1 178
N/A
1 231
+4%
1 349
+10%
1 402
+4%
1 387
-1%
1 367
-1%
1 305
-5%
1 254
-4%
1 192
-5%
1 243
+4%
1 358
+9%
1 448
+7%
1 532
+6%
1 469
-4%
1 322
-10%
1 228
-7%
1 074
-13%
1 008
-6%
998
-1%
927
-7%
1 018
+10%
1 117
+10%
1 114
0%
1 046
-6%
923
-12%
856
-7%
942
+10%
1 015
+8%
757
-25%
286
-62%
(46)
N/A
(110)
-141%
439
N/A
976
+122%
1 341
+37%
1 420
+6%
1 101
-22%
894
-19%
666
-26%
633
-5%
765
+21%
789
+3%
925
+17%
807
-13%
512
-37%
294
-43%
(137)
N/A
(239)
-75%
(29)
+88%
162
N/A
472
+192%
823
+74%
922
+12%
1 124
+22%
1 418
+26%
1 554
+10%
1 627
+5%
1 665
+2%
1 673
+0%
1 619
-3%
1 767
+9%
1 720
-3%
1 581
-8%
1 474
-7%
1 187
-19%
866
-27%
565
-35%
166
-71%
(129)
N/A
(321)
-148%
(856)
-167%
(1 051)
-23%
(975)
+7%
(1 117)
-15%
(688)
+38%
(556)
+19%
(281)
+49%
(73)
+74%
413
N/A
1 122
+172%
1 627
+45%
1 822
+12%
1 875
+3%
1 569
-16%
1 086
-31%
551
-49%
245
-56%
160
-35%
479
+200%
824
+72%
987
+20%
1 030
+4%
350
-66%
490
+40%
199
-59%
(159)
N/A
Pre-Tax Income
Interest Income Expense
(326)
(302)
(275)
(241)
(214)
(195)
(172)
(153)
(135)
(115)
(106)
(116)
(127)
(138)
(145)
(144)
(143)
(142)
(145)
(145)
(159)
(188)
(218)
(248)
(275)
(284)
(284)
(292)
(302)
(303)
(305)
(298)
(281)
(253)
(234)
(220)
(215)
(211)
(214)
(231)
(249)
(237)
(255)
(220)
(202)
(185)
(174)
(185)
(212)
(228)
(217)
(193)
(166)
(137)
(132)
(149)
(132)
(126)
(101)
(73)
(66)
(66)
(66)
(79)
(74)
(223)
(232)
(219)
(223)
(86)
(134)
(171)
(173)
(243)
(286)
(309)
(230)
(284)
(244)
(277)
(296)
(293)
(273)
(221)
(250)
(283)
(306)
(350)
(365)
(370)
(394)
(347)
(314)
(299)
(270)
(294)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
274
0
0
0
Total Other Income
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
1
(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
(20)
(87)
(58)
(100)
(100)
(83)
(105)
(63)
(42)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Pre-Tax Income
852
N/A
929
+9%
1 074
+16%
1 161
+8%
1 173
+1%
1 172
0%
1 133
-3%
1 101
-3%
1 057
-4%
1 128
+7%
1 252
+11%
1 332
+6%
1 404
+5%
1 331
-5%
1 176
-12%
1 083
-8%
931
-14%
865
-7%
854
-1%
782
-8%
859
+10%
930
+8%
896
-4%
798
-11%
648
-19%
572
-12%
658
+15%
723
+10%
456
-37%
(16)
N/A
(351)
-2 038%
(407)
-16%
158
N/A
723
+358%
1 107
+53%
1 200
+8%
886
-26%
683
-23%
451
-34%
402
-11%
516
+28%
552
+7%
670
+22%
587
-12%
311
-47%
110
-65%
(311)
N/A
(424)
-36%
(241)
+43%
(67)
+72%
256
N/A
630
+146%
756
+20%
987
+31%
1 285
+30%
1 405
+9%
1 495
+6%
1 539
+3%
1 573
+2%
1 546
-2%
1 701
+10%
1 654
-3%
1 514
-8%
1 395
-8%
1 113
-20%
643
-42%
334
-48%
(53)
N/A
(352)
-562%
(407)
-15%
(990)
-143%
(1 242)
-25%
(1 234)
+1%
(1 419)
-15%
(1 074)
+24%
(965)
+10%
(594)
+38%
(462)
+22%
106
N/A
802
+657%
1 331
+66%
1 530
+15%
1 602
+5%
1 348
-16%
836
-38%
267
-68%
(61)
N/A
(190)
-210%
114
N/A
454
+299%
593
+31%
683
+15%
310
-55%
191
-38%
(71)
N/A
(453)
-534%
Net Income
Tax Provision
(24)
(21)
(21)
(17)
(20)
(19)
(24)
(32)
(36)
(43)
(82)
(128)
(172)
(198)
(190)
(183)
(171)
(175)
(162)
(147)
(146)
(155)
(165)
(150)
(142)
(128)
(112)
(106)
(56)
(22)
(7)
(1)
(35)
(54)
(63)
(70)
(59)
(48)
(42)
(37)
(49)
(72)
(61)
(67)
(21)
(2)
26
60
50
61
30
10
(4)
(24)
(31)
(50)
(69)
(74)
(102)
(135)
(103)
(99)
(80)
(60)
(98)
(69)
(46)
(14)
(6)
(7)
(2)
(0)
5
6
0
1
(1)
(3)
(4)
(12)
(23)
(27)
(74)
(113)
(94)
(93)
(58)
(38)
(69)
(88)
(92)
(108)
(78)
(66)
(49)
(5)
Income from Continuing Operations
828
908
1 053
1 144
1 153
1 153
1 109
1 069
1 022
1 084
1 170
1 203
1 233
1 134
986
900
760
690
692
635
713
775
731
648
507
444
546
617
400
(38)
(357)
(408)
123
669
1 044
1 131
827
636
409
365
467
479
609
521
290
108
(285)
(363)
(191)
(6)
285
640
752
963
1 254
1 355
1 426
1 466
1 471
1 412
1 597
1 556
1 434
1 335
1 015
573
288
(68)
(358)
(414)
(992)
(1 242)
(1 230)
(1 413)
(1 074)
(964)
(595)
(465)
102
790
1 308
1 502
1 527
1 235
742
174
(120)
(229)
45
366
501
575
232
125
(121)
(458)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
(0)
(1)
(3)
(5)
(6)
(7)
(8)
(7)
(6)
(6)
(7)
(12)
(13)
(10)
(6)
0
1
1
(0)
3
4
4
1
(8)
(15)
(20)
(25)
(27)
(26)
(23)
(20)
(19)
(18)
(19)
(14)
(14)
(2)
2
6
24
Net Income (Common)
828
N/A
908
+10%
1 053
+16%
1 144
+9%
1 153
+1%
1 153
+0%
1 109
-4%
1 069
-4%
1 022
-4%
1 084
+6%
1 170
+8%
1 203
+3%
1 233
+2%
1 134
-8%
986
-13%
900
-9%
760
-16%
690
-9%
692
+0%
635
-8%
713
+12%
775
+9%
731
-6%
648
-11%
507
-22%
444
-12%
546
+23%
617
+13%
400
-35%
(38)
N/A
(357)
-840%
(408)
-14%
123
N/A
669
+444%
1 044
+56%
1 131
+8%
827
-27%
636
-23%
409
-36%
365
-11%
467
+28%
479
+3%
609
+27%
521
-14%
290
-44%
108
-63%
(285)
N/A
(363)
-27%
(191)
+47%
(6)
+97%
285
N/A
640
+124%
752
+18%
963
+28%
1 254
+30%
1 355
+8%
1 426
+5%
1 465
+3%
1 468
+0%
1 407
-4%
1 591
+13%
1 548
-3%
1 427
-8%
1 328
-7%
1 009
-24%
568
-44%
281
-51%
(80)
N/A
(371)
-366%
(423)
-14%
(998)
-136%
(1 242)
-24%
(1 229)
+1%
(1 412)
-15%
(1 074)
+24%
(961)
+11%
(590)
+39%
(461)
+22%
103
N/A
782
+661%
1 294
+65%
1 482
+15%
1 502
+1%
1 208
-20%
717
-41%
151
-79%
(139)
N/A
(248)
-78%
27
N/A
347
+1 201%
488
+41%
562
+15%
230
-59%
126
-45%
(115)
N/A
(434)
-278%
EPS (Diluted)
0.53
N/A
0.58
+9%
0.67
+16%
0.73
+9%
0.74
+1%
0.79
+7%
0.97
+23%
0.73
-25%
0.74
+1%
0.69
-7%
0.74
+7%
0.78
+5%
0.79
+1%
0.73
-8%
0.63
-14%
0.57
-10%
0.49
-14%
0.43
-12%
0.43
N/A
0.4
-7%
0.46
+15%
0.49
+7%
0.47
-4%
0.41
-13%
0.32
-22%
0.28
-12%
0.34
+21%
0.39
+15%
0.26
-33%
-0.03
N/A
-0.23
-667%
-0.26
-13%
0.08
N/A
0.43
+438%
0.67
+56%
0.72
+7%
0.53
-26%
0.41
-23%
0.26
-37%
0.23
-12%
0.3
+30%
0.3
N/A
0.39
+30%
0.34
-13%
0.19
-44%
0.08
-58%
-0.17
N/A
-0.22
-29%
-0.12
+45%
0
N/A
0.18
N/A
0.4
+122%
0.48
+20%
0.61
+27%
0.8
+31%
0.87
+9%
0.91
+5%
0.94
+3%
0.94
N/A
0.9
-4%
1.02
+13%
0.97
-5%
0.91
-6%
0.83
-9%
0.64
-23%
0.37
-42%
0.19
-49%
-0.04
N/A
-0.24
-500%
-0.27
-13%
-0.64
-137%
-0.79
-23%
-0.78
+1%
-0.9
-15%
-0.64
+29%
-0.56
+12%
-0.36
+36%
-0.27
+25%
0.06
N/A
0.45
+650%
0.75
+67%
0.85
+13%
0.87
+2%
0.7
-20%
0.41
-41%
0.09
-78%
-0.08
N/A
-0.14
-75%
0.02
N/A
0.2
+900%
0.28
+40%
0.32
+14%
0.13
-59%
0.07
-46%
-0.07
N/A
-0.25
-257%

See Also

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