Pato Chemical Industry PCL

Pato Chemical Industry PCL maintains a strong liquidity position, with a current ratio of 5.82 and cash and equivalents of 32.48 million THB, indicating a robust ability to meet short-term obligations. The company's liquidity FPT score is high, reflecting its solid cash reserves and low debt load. The debt-to-equity ratio of 0.06 further supports a conservative capital structure, with long-term debt at 28.46 million THB compared to total equity of 508.69 million THB.

Profitability metrics show a return on equity (ROE) of 3.17% and a return on assets (ROA) of 2.59%, which are below the industry median for Agricultural Chemicals. The company's gross margin is 29.84% (35.80 million THB gross profit on 119.93 million THB revenue), and operating margin is 14.53% (17.43 million THB operating income). These figures suggest moderate efficiency in converting revenue to profit, with room for improvement in cost management.

The company's revenue is concentrated in a single business segment, as disclosed in its financials, with no geographic diversification provided in the available data. This lack of segment or geographic breakdown limits visibility into potential revenue concentration risks. The absence of disclosed international operations suggests a regional or domestic focus, which may expose the company to localized economic or regulatory shifts.

Growth trajectory appears modest, with no specific revenue growth rates provided in the latest financials. The company's capital expenditure of -5.05 million THB indicates a reduction in investment in physical assets, which may signal a focus on cost control or a shift toward operational efficiency. The outlook for the current fiscal year is neutral, with no significant directional change in revenue or earnings expected.

Risk factors are minimal, with low liquidity and dilution risk scores. The company has no immediate filing-based liquidity or dilution flags, and the dilution potential is low, with no recent share issuance or ATM/shelf registration activity reported. The conservative capital structure and strong cash position reduce the likelihood of near-term dilution.

Recent events include the latest financial filing (market data), which provides a snapshot of the company's financial position as of the most recent reporting period. No significant earnings call transcripts or regulatory filings have been disclosed in the available data, limiting insight into management commentary or strategic direction.

The company maintains a low debt-to-equity ratio of 0.06, significantly below the cohort median of 0.34.

Cash conversion of 1.02 outperforms the cohort median of 0.9, suggesting effective working capital management.

Risk flags for dilution, liquidity, and credit are all rated low, indicating a stable financial risk profile.

The four-year revenue CAGR of -7.0% highlights a persistent long-term decline in business scale.