Pacific Pipe PCL

Pacific Pipe PCL's capital structure is characterized by a debt-to-equity ratio of 0.84, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.35, suggesting it can cover its short-term obligations but with limited buffer. Free cash flow stands at 15.36 million THB, while operating cash flow is negative at -60.09 million THB, reflecting operational inefficiencies.

Profitability metrics show a return on equity of -0.53% and a return on assets of -0.27%, both significantly below the industry median for the Iron & Steel sector. The company reported a net loss of 10.69 million THB, with an operating income of 4.48 million THB, indicating a challenging operating environment.

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 company's revenue of 1.96 billion THB is derived from its core mining and steel production activities.

Growth trajectory is mixed, with the current fiscal year showing a revenue of 1.96 billion THB. Analyst estimates suggest a revenue of 3.94 billion THB, indicating a potential growth rate of 101.2% in the next fiscal year. However, the company's net loss and negative operating cash flow suggest operational challenges that could impede growth.

Risk factors include medium liquidity risk and low dilution potential. The company's net cash is negative after subtracting total debt, signaling potential liquidity constraints. No significant dilution sources were identified, and the probability of near-term dilution is low.

Recent events include the filing of financial results showing a net loss and negative operating cash flow. No significant earnings call transcripts or regulatory filings were disclosed in the provided data.

Free cash flow surged 238.1% year-over-year to THB 153.6 million in fiscal 2009, demonstrating strong cash generation recovery.

Operating income jumped 187.3% to THB 130.0 million in fiscal 2009, signaling a significant turnaround in core operational profitability.

Cash conversion ratio of 5.62 ranks best-in-class within the Iron & Steel cohort, indicating superior efficiency in generating cash from operations.

Net income recovered to a profit of THB 80.4 million in fiscal 2009, reversing the previous year's loss of THB 203.8 million.

Long-term debt decreased to THB 1.58 billion in fiscal 2009, reflecting a continued trend of deleveraging from the THB 2.20 billion peak in 2005.

The company carries a high credit risk flag, suggesting potential difficulties in meeting financial obligations or servicing existing debt levels.

Debt-to-equity ratio of 0.84 is in the bottom quartile of the cohort, indicating higher financial leverage compared to most industry peers.

Revenue THB 1.70B, −13,9% YoY; Operating income +319,8% YoY.

• ▍Revenue THB 1.70B, −13,9% YoY
• ▍Operating income +319,8% YoY
• ▍Net income +187,9% YoY
• ▍Free cash flow +2 039,8% YoY
• ▍Net margin 1.4%

Revenue THB 1.88B, −4,1% YoY; Operating income +1 341,4% YoY.

• ▍Revenue THB 1.88B, −4,1% YoY
• ▍Operating income +1 341,4% YoY
• ▍Net income +586,1% YoY
• ▍Free cash flow +383,3% YoY
• ▍Net margin 2.8%

Revenue THB 1.76B; Operating income THB 14.7M.

• ▍Revenue THB 1.76B
• ▍Operating income THB 14.7M
• ▍Net margin -0.5%

Revenue THB 1.72B; Operating income -THB 152.6M.

• ▍Revenue THB 1.72B
• ▍Operating income -THB 152.6M
• ▍Net margin -9.1%

Revenue THB 1.97B; Operating income -THB 15.6M.

• ▍Revenue THB 1.97B
• ▍Operating income -THB 15.6M
• ▍Net margin -1.4%

Revenue THB 1.96B; Operating income THB 4.5M.

• ▍Revenue THB 1.96B
• ▍Operating income THB 4.5M
• ▍Net margin -0.5%

Revenue THB 7.21B, −2,6% YoY; Operating income +187,3% YoY.

• ▍Revenue THB 7.21B, −2,6% YoY
• ▍Operating income +187,3% YoY
• ▍Net income +139,4% YoY
• ▍Free cash flow +238,1% YoY
• ▍Net margin 1.1%

Revenue THB 7.41B, −14,3% YoY; Operating income −10 340,6% YoY.

• ▍Revenue THB 7.41B, −14,3% YoY
• ▍Operating income −10 340,6% YoY
• ▍Net income −262,9% YoY
• ▍Free cash flow −710,1% YoY
• ▍Net margin -2.8%

Revenue THB 8.64B, −11,7% YoY; Operating income +99,5% YoY.

• ▍Revenue THB 8.64B, −11,7% YoY
• ▍Operating income +99,5% YoY
• ▍Net income +82,7% YoY
• ▍Free cash flow +102,4% YoY
• ▍Net margin -0.6%

Revenue THB 9.79B, +1,8% YoY; Operating income −139,4% YoY.

• ▍Revenue THB 9.79B, +1,8% YoY
• ▍Operating income −139,4% YoY
• ▍Net income −158,7% YoY
• ▍Free cash flow −243,9% YoY
• ▍Net margin -3.3%

Revenue THB 9.61B; Operating income THB 730.7M.

• ▍Revenue THB 9.61B
• ▍Operating income THB 730.7M
• ▍Net margin 5.8%