Golden Lime PCL

Golden Lime PCL's capital structure is characterized by a debt-to-equity ratio of 0.97, indicating a relatively balanced mix of debt and equity financing. The company's liquidity position is moderate, with a current ratio of 0.84, suggesting that its current liabilities exceed its current assets. Despite a negative net income of THB -9,097,800, the company generated positive operating cash flow of THB 71,267,380, which may support short-term obligations. Profitability metrics for Golden Lime PCL are weak, with a return on equity of -0.93% and a return on assets of -0.41%, both significantly below the industry median for Construction Materials firms. The company's operating margin, calculated as operating income of THB 30,227,180 divided by revenue of THB 1,298,347,650, is 2.33%, which is below the industry average. This suggests that the company is struggling to convert revenue into profit effectively. The company's revenue is derived from three main segments: chemical products, engineering consulting and machinery, and marble products. The chemical segment is the largest contributor, with limestone mining and the production of Calcium Oxide and Calcium Hydroxide being key activities. The company's geographic exposure is concentrated in Thailand, with four factories located in Lopburi and Saraburi provinces. This concentration may expose the company to regional economic and regulatory risks. Golden Lime PCL's growth trajectory is uncertain, with no specific revenue growth projections provided in the latest financial data. The company's capital expenditure of THB -96,083,030 indicates a significant investment in infrastructure or expansion. However, the negative free cash flow of THB -2,896,830 suggests that the company is not generating sufficient cash to fund its operations and investments without external financing. The company faces several risk factors, including liquidity constraints and the potential for dilution. The risk assessment indicates a medium liquidity risk, with the company's net cash position being negative after subtracting total debt. The dilution risk is assessed as low, but the company's capital structure and recent capital expenditures may necessitate additional financing, which could lead to share dilution. Recent events and filings do not indicate any major corporate actions or strategic shifts. The company's ESG profile includes a high ESG controversies score of 100.0, suggesting potential environmental, social, or governance issues. The governance and social pillars are rated at 63.2 and 62.9, respectively, indicating moderate ESG performance.