S & J International Enterprises PCL

S & J International Enterprises PCL maintains a strong liquidity position, with a current ratio of 3.64 and cash and equivalents of 701.74 million THB, indicating a solid ability to meet short-term obligations. The company's liquidity FPT (free cash flow to total liabilities) is supported by a free cash flow of 74.04 million THB and total liabilities of 1.87 billion THB, suggesting a conservative capital structure. The debt-to-equity ratio of 0.07 further reinforces the company's low leverage and financial stability.

Profitability metrics show a return on equity (ROE) of 2.56% and a return on assets (ROA) of 1.86%, which are below the industry median for personal products firms. The operating margin of 9.72% (calculated from operating income of 137.07 million THB on revenue of 1.41 billion THB) is also below the industry 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. The absence of segment-specific revenue breakdowns in the latest financials limits visibility into the drivers of growth or decline.

Looking ahead, the company is projected to maintain a stable revenue trajectory, with no significant growth or contraction expected in the next fiscal year. The operating cash flow of -249.48 million THB in the latest period suggests a temporary cash outflow, but the free cash flow remains positive, indicating ongoing operational flexibility.

Risk factors include the potential for dilution, though the risk is currently assessed as low. The company has not issued additional shares recently, and the diluted shares outstanding remain unchanged at 149.93 million. No immediate filing-based liquidity or dilution flags were detected, and the company's capital structure remains stable.

Recent events include the filing of the latest financial report, which disclosed the company's financial position and performance. No material changes in management, strategy, or regulatory environment were reported in the latest filings. The company's earnings per share (EPS) of 1.52 THB and revenue of 2.91 billion THB align with analyst estimates, suggesting consistent performance.

Revenue THB 1.80B, +4,9% YoY; Operating income +75,5% YoY.

• ▍Revenue THB 1.80B, +4,9% YoY
• ▍Operating income +75,5% YoY
• ▍Net income +77,1% YoY
• ▍Free cash flow −0,3% YoY
• ▍Net margin 8.6%

Revenue THB 1.56B, +10,8% YoY; Operating income +24,4% YoY.

• ▍Revenue THB 1.56B, +10,8% YoY
• ▍Operating income +24,4% YoY
• ▍Net income +2,8% YoY
• ▍Free cash flow +26,2% YoY
• ▍Net margin 8.4%

Revenue THB 1.59B; Operating income THB 59.3M.

• ▍Revenue THB 1.59B
• ▍Operating income THB 59.3M
• ▍Net margin 3.0%

Revenue THB 1.72B; Operating income THB 115.2M.

• ▍Revenue THB 1.72B
• ▍Operating income THB 115.2M
• ▍Net margin 5.1%

Revenue THB 1.41B; Operating income THB 137.1M.

• ▍Revenue THB 1.41B
• ▍Operating income THB 137.1M
• ▍Net margin 9.0%

Revenue THB 6.83B, +14,6% YoY; Operating income +39,7% YoY.

• ▍Revenue THB 6.83B, +14,6% YoY
• ▍Operating income +39,7% YoY
• ▍Net income +42,2% YoY
• ▍Free cash flow +57,7% YoY
• ▍Net margin 10.5%

Revenue THB 5.96B, +21,5% YoY; Operating income +48,0% YoY.

• ▍Revenue THB 5.96B, +21,5% YoY
• ▍Operating income +48,0% YoY
• ▍Net income +35,1% YoY
• ▍Free cash flow +86,9% YoY
• ▍Net margin 8.5%

Revenue THB 4.91B; Operating income THB 393.1M.

• ▍Revenue THB 4.91B
• ▍Operating income THB 393.1M
• ▍Net margin 7.6%