S & P Syndicate PCL

S & P Syndicate PCL maintains a debt-to-equity ratio of 0.37, indicating a relatively conservative capital structure. The company holds 741.01 million THB in cash and equivalents, but this is offset by 1,054.68 million THB in long-term debt, resulting in a net cash position of -313.67 million THB. The current ratio of 1.39 suggests moderate liquidity, with current assets covering current liabilities by 39%.

Profitability metrics show a return on equity (ROE) of 3.31% and a return on assets (ROA) of 1.9%, both below the industry median for Restaurants & Bars. The operating margin of 8.83% (126.96 million THB operating income on 1,437.64 million THB revenue) is also below the sector average, indicating room for improvement in cost control and pricing power.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes.

Recent financial performance shows a 12-month revenue of 1,437.64 million THB, with a gross profit margin of 56.22% (808.50 million THB). The outlook for the current fiscal year indicates a revenue growth rate of 0.00% year-over-year, with no significant changes expected in the next fiscal year.

The risk assessment highlights medium liquidity risk due to the net cash deficit and a current ratio below 2.0. Dilution risk is rated as low, with no recent share issuance or shelf registration activity reported. The company's capital structure remains stable, with no material adjustments to valuation metrics in the past 12 months.

Recent filings and transcripts do not disclose any material events or strategic shifts. The company's last actual EPS was 0.42 THB, and the last actual revenue was 4,378.17 million THB, according to analyst estimates.

Debt-to-equity ratio of 0.37 is well below the 0.71 cohort median, indicating a conservative and financially stable capital structure.

Cash conversion ratio of 2.27 exceeds the 1.67 industry median, highlighting strong efficiency in generating cash from operations.

Long-term debt decreased to 573 million THB in 2009, reflecting a consistent deleveraging trend over the past four years.

The company faces medium liquidity and credit risks, which could constrain financial flexibility during economic downturns.

Revenue THB 1.32B, −8,9% YoY; Operating income −53,3% YoY.

• ▍Revenue THB 1.32B, −8,9% YoY
• ▍Operating income −53,3% YoY
• ▍Net income −59,2% YoY
• ▍Free cash flow −10,3% YoY
• ▍Net margin 2.7%

Revenue THB 1.38B, −4,1% YoY; Operating income −49,3% YoY.

• ▍Revenue THB 1.38B, −4,1% YoY
• ▍Operating income −49,3% YoY
• ▍Net income −48,9% YoY
• ▍Free cash flow −14,1% YoY
• ▍Net margin 3.5%

Revenue THB 1.63B; Operating income THB 158.4M.

• ▍Revenue THB 1.63B
• ▍Operating income THB 158.4M
• ▍Net margin 7.8%

Revenue THB 1.62B; Operating income THB 151.2M.

• ▍Revenue THB 1.62B
• ▍Operating income THB 151.2M
• ▍Net margin 7.3%

Revenue THB 1.45B; Operating income THB 111.4M.

• ▍Revenue THB 1.45B
• ▍Operating income THB 111.4M
• ▍Net margin 6.1%

Revenue THB 1.44B; Operating income THB 127.0M.

• ▍Revenue THB 1.44B
• ▍Operating income THB 127.0M
• ▍Net margin 6.5%

Revenue THB 5.64B, −8,1% YoY; Operating income −36,2% YoY.

• ▍Revenue THB 5.64B, −8,1% YoY
• ▍Operating income −36,2% YoY
• ▍Net income −36,6% YoY
• ▍Free cash flow −21,8% YoY
• ▍Net margin 4.8%

Revenue THB 6.14B, −1,4% YoY; Operating income −15,5% YoY.

• ▍Revenue THB 6.14B, −1,4% YoY
• ▍Operating income −15,5% YoY
• ▍Net income −12,0% YoY
• ▍Free cash flow +20,8% YoY
• ▍Net margin 7.0%

Revenue THB 6.22B, +9,0% YoY; Operating income +3,4% YoY.

• ▍Revenue THB 6.22B, +9,0% YoY
• ▍Operating income +3,4% YoY
• ▍Net income +5,4% YoY
• ▍Free cash flow −15,4% YoY
• ▍Net margin 7.8%

Revenue THB 5.71B, +18,6% YoY; Operating income +34,3% YoY.

• ▍Revenue THB 5.71B, +18,6% YoY
• ▍Operating income +34,3% YoY
• ▍Net income +35,4% YoY
• ▍Free cash flow −31,0% YoY
• ▍Net margin 8.1%

Revenue THB 4.82B; Operating income THB 467.1M.

• ▍Revenue THB 4.82B
• ▍Operating income THB 467.1M
• ▍Net margin 7.1%