CPR Gomu Industrial PCL

CPR Gomu Industrial PCL maintains a strong liquidity position, with a current ratio of 7.67 and cash and equivalents amounting to 292.1 million THB, which represents 38% of total assets. The company has no long-term debt, and its debt-to-equity ratio is 0.0, indicating a conservative capital structure with no leverage. The liquidity risk is low, supported by a robust cash position and no immediate liquidity flags.

Profitability metrics show a return on equity (ROE) of 1.73% and a return on assets (ROA) of 1.5%, both below the typical thresholds for high-performing firms in the Tires & Rubber Products industry. The company's net income of 11.5 million THB represents a 10.3% margin on revenue, which is in line with the industry median for firms of similar size. However, the operating margin of 12.4% (13.9 million THB operating income on 111.9 million THB revenue) suggests some efficiency in cost control.

The company operates as a single business segment, with no disclosed geographic diversification. Revenue is concentrated in its core rubber and tire manufacturing operations, with no material exposure to international markets. This lack of diversification increases the company's vulnerability to regional economic shifts and supply chain disruptions.

Looking ahead, the company's revenue is projected to remain stable, with no significant growth or contraction expected in the next fiscal year. The capital expenditure of -4.2 million THB indicates a reduction in investment, which may signal a focus on cost optimization rather than expansion. The company's free cash flow of 11.7 million THB supports this strategy, as it is being used to maintain operations rather than fund new projects.

The risk assessment indicates a low probability of dilution, with no immediate filing-based flags detected. The company has not issued new shares recently, and there is no indication of a pending equity offering. The absence of long-term debt and the strong cash position further reduce the risk of financial distress or forced dilution.

Recent filings and transcripts do not highlight any material events or strategic shifts. The company's last actual EPS was 0.10 THB, and its last actual revenue was 348.6 million THB, both in line with expectations. There are no disclosed regulatory or legal issues that would impact the company's operations or financial health.

Operating and net margins exceed the 75th percentile of the Tires & Rubber Products cohort, indicating superior profitability.

The company maintains a zero debt-to-equity ratio, significantly outperforming the cohort median of 0.41 and minimizing financial risk.

Free cash flow surged 105.8% year-over-year in FY2009, demonstrating a strong recovery in cash generation capabilities.

Cash conversion of 2.14 exceeds the cohort median of 1.14, highlighting efficient translation of earnings into cash.

Low dilution, liquidity, and credit risk flags suggest a stable operational environment with minimal immediate financial threats.

Gross profit dropped significantly from 99.4 million THB in FY2005 to 45.3 million THB in FY2009.

Return on assets of 1.5% suggests the company generates minimal profit relative to its total asset base.

Revenue THB 82.5M, −16,4% YoY; Operating income −18,6% YoY.

• ▍Revenue THB 82.5M, −16,4% YoY
• ▍Operating income −18,6% YoY
• ▍Net income −25,9% YoY
• ▍Free cash flow −8,7% YoY
• ▍Net margin 5.6%

Revenue THB 86.3M, −11,9% YoY; Operating income +522,0% YoY.

• ▍Revenue THB 86.3M, −11,9% YoY
• ▍Operating income +522,0% YoY
• ▍Net income +1 004,4% YoY
• ▍Free cash flow +104,0% YoY
• ▍Net margin 5.5%

Revenue THB 96.5M, −13,8% YoY; Operating income −49,9% YoY.

• ▍Revenue THB 96.5M, −13,8% YoY
• ▍Operating income −49,9% YoY
• ▍Net income −48,7% YoY
• ▍Free cash flow −36,2% YoY
• ▍Net margin 6.1%

Revenue THB 95.1M, +3,5% YoY; Operating income +3,3% YoY.

• ▍Revenue THB 95.1M, +3,5% YoY
• ▍Operating income +3,3% YoY
• ▍Net income +9,4% YoY
• ▍Free cash flow −321,5% YoY
• ▍Net margin 5.9%

Revenue THB 98.0M; Operating income -THB 1.2M.

• ▍Revenue THB 98.0M
• ▍Operating income -THB 1.2M
• ▍Net margin 0.4%

Revenue THB 98.6M; Operating income THB 6.8M.

• ▍Revenue THB 98.6M
• ▍Operating income THB 6.8M
• ▍Net margin 6.4%

Revenue THB 91.9M; Operating income THB 4.9M.

• ▍Revenue THB 91.9M
• ▍Operating income THB 4.9M
• ▍Net margin 5.6%

Revenue THB 111.9M; Operating income THB 13.9M.

• ▍Revenue THB 111.9M
• ▍Operating income THB 13.9M
• ▍Net margin 10.3%

Revenue THB 360.4M, −10,0% YoY; Operating income −8,3% YoY.

• ▍Revenue THB 360.4M, −10,0% YoY
• ▍Operating income −8,3% YoY
• ▍Net income −10,4% YoY
• ▍Free cash flow +105,8% YoY
• ▍Net margin 5.8%

Revenue THB 400.4M, −10,4% YoY; Operating income −55,0% YoY.

• ▍Revenue THB 400.4M, −10,4% YoY
• ▍Operating income −55,0% YoY
• ▍Net income −50,1% YoY
• ▍Free cash flow −510,3% YoY
• ▍Net margin 5.8%

Revenue THB 447.1M, +3,4% YoY; Operating income −10,2% YoY.

• ▍Revenue THB 447.1M, +3,4% YoY
• ▍Operating income −10,2% YoY
• ▍Net income −10,2% YoY
• ▍Free cash flow −4,6% YoY
• ▍Net margin 10.5%

Revenue THB 432.5M, −5,2% YoY; Operating income −23,0% YoY.

• ▍Revenue THB 432.5M, −5,2% YoY
• ▍Operating income −23,0% YoY
• ▍Net income −24,5% YoY
• ▍Free cash flow −36,1% YoY
• ▍Net margin 12.0%