NC Housing PCL

The company's capital structure shows a debt-to-equity ratio of 0.56, indicating a moderate reliance on debt financing. Liquidity is assessed as medium, with a current ratio of 2.26, suggesting the company has sufficient short-term assets to cover its liabilities, but with limited excess. Free cash flow is negative at -2.29 million THB, and operating cash flow is 33.34 million THB, highlighting a mismatch between operating performance and capital outflows.

Profitability metrics are weak, with a return on equity of -0.18% and a return on assets of -0.10%, both significantly below the industry median for real estate development and operations. The company reported a net loss of 5.77 million THB, despite a gross profit of 103.97 million THB, indicating high operating expenses or non-operating charges.

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.

Growth trajectory is uncertain, with no forward-looking revenue guidance provided. Historical revenue of 340.13 million THB shows no clear trend, and the absence of analyst estimates for the next fiscal year suggests limited visibility.

Risk factors include liquidity constraints, as free cash flow is negative and net cash is negative after subtracting total debt. Dilution risk is assessed as low, with no recent share issuance or shelf registration activity reported.

Recent events include a net loss in the latest reported period, with no material filings or earnings call transcripts disclosed in the available data. The company's financial performance and risk profile suggest a need for close monitoring of capital structure and operating efficiency.

The company maintains a debt-to-equity ratio of 0.56, which is below the cohort median of 0.52.

Capital expenditure relative to revenue is above the cohort median, suggesting potential investment in future growth.

Dilution risk is assessed as low, indicating limited immediate threat to existing shareholder equity value.

The company reported a net loss of 128 million THB in 2009, worsening from a smaller loss the prior year.

Free cash flow turned negative at -107 million THB in 2009, reflecting an inability to generate cash from operations.

Credit risk is flagged as high, posing a significant threat to the company's financial stability and borrowing costs.

Revenue THB 275.5M, +8,5% YoY; Operating income −153,3% YoY.

• ▍Revenue THB 275.5M, +8,5% YoY
• ▍Operating income −153,3% YoY
• ▍Net income −114,5% YoY
• ▍Free cash flow −324,8% YoY
• ▍Net margin -18.9%

Revenue THB 278.3M, −14,3% YoY; Operating income −201,7% YoY.

• ▍Revenue THB 278.3M, −14,3% YoY
• ▍Operating income −201,7% YoY
• ▍Net income −3 987,9% YoY
• ▍Free cash flow −432,9% YoY
• ▍Net margin -7.9%

Revenue THB 262.1M, −21,5% YoY; Operating income −253,5% YoY.

• ▍Revenue THB 262.1M, −21,5% YoY
• ▍Operating income −253,5% YoY
• ▍Net income −759,4% YoY
• ▍Free cash flow −1 302,3% YoY
• ▍Net margin -10.2%

Revenue THB 285.9M, −15,9% YoY; Operating income −459,2% YoY.

• ▍Revenue THB 285.9M, −15,9% YoY
• ▍Operating income −459,2% YoY
• ▍Net income −373,8% YoY
• ▍Free cash flow −871,9% YoY
• ▍Net margin -9.6%

Revenue THB 253.8M; Operating income -THB 18.3M.

• ▍Revenue THB 253.8M
• ▍Operating income -THB 18.3M
• ▍Net margin -9.6%

Revenue THB 324.8M; Operating income THB 11.4M.

• ▍Revenue THB 324.8M
• ▍Operating income THB 11.4M
• ▍Net margin -0.2%

Revenue THB 333.9M; Operating income THB 9.1M.

• ▍Revenue THB 333.9M
• ▍Operating income THB 9.1M
• ▍Net margin -0.9%

Revenue THB 340.1M; Operating income THB 4.1M.

• ▍Revenue THB 340.1M
• ▍Operating income THB 4.1M
• ▍Net margin -1.7%

Revenue THB 1.10B, −12,1% YoY; Operating income −1 473,9% YoY.

• ▍Revenue THB 1.10B, −12,1% YoY
• ▍Operating income −1 473,9% YoY
• ▍Net income −280,1% YoY
• ▍Free cash flow −40,6% YoY
• ▍Net margin -11.6%

Revenue THB 1.25B, −46,8% YoY; Operating income −97,3% YoY.

• ▍Revenue THB 1.25B, −46,8% YoY
• ▍Operating income −97,3% YoY
• ▍Net income −120,8% YoY
• ▍Free cash flow −3 580,8% YoY
• ▍Net margin -2.7%

Revenue THB 2.35B, −10,7% YoY; Operating income −48,9% YoY.

• ▍Revenue THB 2.35B, −10,7% YoY
• ▍Operating income −48,9% YoY
• ▍Net income −53,6% YoY
• ▍Free cash flow −101,0% YoY
• ▍Net margin 6.9%

Revenue THB 2.64B, +4,2% YoY; Operating income +34,8% YoY.

• ▍Revenue THB 2.64B, +4,2% YoY
• ▍Operating income +34,8% YoY
• ▍Net income +38,7% YoY
• ▍Free cash flow +6,5% YoY
• ▍Net margin 13.2%