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United Paper Public Company Limited
Buy, Hold or Sell?

Let's analyze United Paper Public Company Limited together

I guess you are interested in United Paper Public Company Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of United Paper Public Company Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of United Paper Public Company Limited (30 sec.)










1.2. What can you expect buying and holding a share of United Paper Public Company Limited? (30 sec.)

How much money do you get?

How much money do you get?
฿0.02
When do you have the money?
1 year
How often do you get paid?
85.0%

What is your share worth?

Current worth
฿7.00
Expected worth in 1 year
฿7.19
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
฿1.01
Return On Investment
13.2%

For what price can you sell your share?

Current Price per Share
฿7.70
Expected price per share
฿7.6 - ฿8.1
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of United Paper Public Company Limited (5 min.)




Live pricePrice per Share (EOD)
฿7.70
Intrinsic Value Per Share
฿9.75 - ฿29.01
Total Value Per Share
฿16.76 - ฿36.01

2.2. Growth of United Paper Public Company Limited (5 min.)




Is United Paper Public Company Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$134.3m$127.2m$10m7.3%

How much money is United Paper Public Company Limited making?

Current yearPrevious yearGrowGrow %
Making money$4.8m$5.1m-$276.5k-5.7%
Net Profit Margin16.6%16.9%--

How much money comes from the company's main activities?

2.3. Financial Health of United Paper Public Company Limited (5 min.)




2.4. Comparing to competitors in the Paper & Paper Products industry (5 min.)




  Industry Rankings (Paper & Paper Products)  


Richest
#70 / 115

Most Revenue
#95 / 115

Most Profit
#51 / 115
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of United Paper Public Company Limited?

Welcome investor! United Paper Public Company Limited's management wants to use your money to grow the business. In return you get a share of United Paper Public Company Limited.

First you should know what it really means to hold a share of United Paper Public Company Limited. And how you can make/lose money.

Speculation

The Price per Share of United Paper Public Company Limited is ฿7.7. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of United Paper Public Company Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in United Paper Public Company Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ฿7.00. Based on the TTM, the Book Value Change Per Share is ฿0.05 per quarter. Based on the YOY, the Book Value Change Per Share is ฿0.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ฿0.21 per quarter.
Based on historical numbers we can estimate the returns while holding a share of United Paper Public Company Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share฿% of Price per Share
Usd Eps0.000.1%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Book Value Change Per Share-0.01-0.1%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Dividend Per Share0.010.1%0.010.1%0.010.1%0.010.1%0.010.1%
Usd Total Gains Per Share0.000.1%0.010.1%0.010.2%0.010.2%0.010.1%
Usd Price Per Share0.32-0.33-0.39-0.41-0.31-
Price to Earnings Ratio16.35-11.67--68.74--5.16-4.46-
Price-to-Total Gains Ratio65.41-46.68-36.80-37.04-35.77-
Price to Book Ratio1.57-1.57-1.99-2.27-2.18-
Price-to-Total Gains Ratio65.41-46.68-36.80-37.04-35.77-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.22715
Number of shares4402
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.010.01
Gains per Quarter (4402 shares)32.9060.03
Gains per Year (4402 shares)131.61240.13
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11082412217665230
221648254351129470
332371386527194710
443195518702258950
55391196508783231190
664714378210533881430
775416791412294521670
8862191104614045171910
9970214117815805812150
101078238131017556462390

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%39.01.00.097.5%72.04.07.086.7%
Book Value Change Per Share2.02.00.050.0%7.05.00.058.3%12.08.00.060.0%27.013.00.067.5%51.031.01.061.4%
Dividend per Share2.00.02.050.0%10.00.02.083.3%17.00.03.085.0%34.00.06.085.0%59.00.024.071.1%
Total Gains per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%74.08.01.089.2%
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3.2. Key Performance Indicators

The key performance indicators of United Paper Public Company Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.1820.046-496%0.118-254%0.124-246%0.106-272%
Book Value Per Share--7.0057.159-2%6.635+6%6.184+13%4.794+46%
Current Ratio--8.8618.533+4%7.543+17%6.855+29%4.751+86%
Debt To Asset Ratio--0.0890.092-4%0.096-8%0.101-12%0.189-53%
Debt To Equity Ratio--0.0970.101-4%0.107-9%0.112-14%0.259-63%
Dividend Per Share--0.3500.208+69%0.285+23%0.338+4%0.281+25%
Enterprise Value--8580873219.0008799133827.500-2%9556125404.000-10%9673006459.600-11%6805488085.525+26%
Eps--0.1680.253-34%0.268-37%0.327-48%0.245-31%
Ev To Ebitda Ratio--11.9339.332+28%21.108-43%10.791+11%8.505+40%
Ev To Sales Ratio--2.5362.271+12%2.316+10%2.316+10%1.884+35%
Free Cash Flow Per Share--0.3530.261+36%0.475-26%0.336+5%0.202+75%
Free Cash Flow To Equity Per Share--0.0020.052-97%0.323-99%0.125-99%0.069-97%
Gross Profit Margin--0.9880.9900%1.051-6%0.979+1%0.923+7%
Intrinsic Value_10Y_max--29.006--------
Intrinsic Value_10Y_min--9.753--------
Intrinsic Value_1Y_max--1.670--------
Intrinsic Value_1Y_min--0.841--------
Intrinsic Value_3Y_max--5.961--------
Intrinsic Value_3Y_min--2.660--------
Intrinsic Value_5Y_max--11.387--------
Intrinsic Value_5Y_min--4.611--------
Market Cap5005000000.000-43%7150000000.0007312500000.000-2%8547500000.000-16%9005750000.000-21%6861887500.000+4%
Net Profit Margin--0.1290.166-22%0.169-23%0.206-37%0.176-27%
Operating Margin--0.1500.195-23%0.195-23%0.237-37%0.203-26%
Operating Ratio--0.8610.816+6%0.787+9%0.763+13%0.797+8%
Pb Ratio1.099-43%1.5701.5720%1.992-21%2.272-31%2.175-28%
Pe Ratio11.447-43%16.35311.671+40%-68.735+520%-5.163+132%4.460+267%
Price Per Share7.700-43%11.00011.250-2%13.150-16%13.855-21%10.557+4%
Price To Free Cash Flow Ratio5.451-43%7.78716.235-52%8.415-7%15.637-50%6.418+21%
Price To Total Gains Ratio45.788-43%65.41246.684+40%36.795+78%37.035+77%35.772+83%
Quick Ratio--10.58010.087+5%7.590+39%6.282+68%4.025+163%
Return On Assets--0.0220.032-32%0.036-39%0.049-55%0.041-46%
Return On Equity--0.0240.035-32%0.040-40%0.054-56%0.050-52%
Total Gains Per Share--0.1680.253-34%0.403-58%0.462-64%0.386-56%
Usd Book Value--134315678.605137276206.483-2%127221880.724+6%118580733.485+13%91928824.004+46%
Usd Book Value Change Per Share---0.0050.001-496%0.003-254%0.004-246%0.003-272%
Usd Book Value Per Share--0.2070.211-2%0.196+6%0.182+13%0.141+46%
Usd Dividend Per Share--0.0100.006+69%0.008+23%0.010+4%0.008+25%
Usd Enterprise Value--253135759.961259574447.911-2%281905699.418-10%285353690.558-11%200761898.523+26%
Usd Eps--0.0050.007-34%0.008-37%0.010-48%0.007-31%
Usd Free Cash Flow--6771998.5544997614.175+36%9100069.737-26%6435898.180+5%3867048.513+75%
Usd Free Cash Flow Per Share--0.0100.008+36%0.014-26%0.010+5%0.006+75%
Usd Free Cash Flow To Equity Per Share--0.0000.002-97%0.010-99%0.004-99%0.002-97%
Usd Market Cap147647500.000-43%210925000.000215718750.000-2%252151250.000-16%265669625.000-21%202425681.250+4%
Usd Price Per Share0.227-43%0.3250.332-2%0.388-16%0.409-21%0.311+4%
Usd Profit--3224571.5454858244.087-34%5134755.175-37%6260932.799-48%4702616.731-31%
Usd Revenue--24950826.47628943596.687-14%30552735.053-18%30935501.058-19%25091863.227-1%
Usd Total Gains Per Share--0.0050.007-34%0.012-58%0.014-64%0.011-56%
 EOD+4 -4MRQTTM+15 -25YOY+14 -265Y+19 -2110Y+22 -18

3.3 Fundamental Score

Let's check the fundamental score of United Paper Public Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.447
Price to Book Ratio (EOD)Between0-11.099
Net Profit Margin (MRQ)Greater than00.129
Operating Margin (MRQ)Greater than00.150
Quick Ratio (MRQ)Greater than110.580
Current Ratio (MRQ)Greater than18.861
Debt to Asset Ratio (MRQ)Less than10.089
Debt to Equity Ratio (MRQ)Less than10.097
Return on Equity (MRQ)Greater than0.150.024
Return on Assets (MRQ)Greater than0.050.022
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of United Paper Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose7.600
Total0/1 (0.0%)

4. In-depth Analysis

4.1 About United Paper Public Company Limited

United Paper Public Company Limited engages in the production and distribution of box surface paper and Kraft paper for packaging corrugated boxes in Thailand. It offers Kraft liner boards for making box surfaces and Kraft papers for making corrugating sheets. The company also exports its products. United Paper Public Company Limited was incorporated in 1990 and is headquartered in Bangkok, Thailand.

Fundamental data was last updated by Penke on 2025-01-30 18:34:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is underpriced.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit United Paper Public Company Limited earns for each ฿1 of revenue.

  • Above 10% is considered healthy but always compare United Paper Public Company Limited to the Paper & Paper Products industry mean.
  • A Net Profit Margin of 12.9% means that ฿0.13 for each ฿1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of United Paper Public Company Limited:

  • The MRQ is 12.9%. The company is making a huge profit. +2
  • The TTM is 16.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ12.9%TTM16.6%-3.7%
TTM16.6%YOY16.9%-0.2%
TTM16.6%5Y20.6%-4.0%
5Y20.6%10Y17.6%+3.0%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ12.9%3.9%+9.0%
TTM16.6%1.8%+14.8%
YOY16.9%4.1%+12.8%
5Y20.6%4.9%+15.7%
10Y17.6%4.5%+13.1%
4.3.1.2. Return on Assets

Shows how efficient United Paper Public Company Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare United Paper Public Company Limited to the Paper & Paper Products industry mean.
  • 2.2% Return on Assets means that United Paper Public Company Limited generated ฿0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of United Paper Public Company Limited:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM3.2%-1.0%
TTM3.2%YOY3.6%-0.4%
TTM3.2%5Y4.9%-1.7%
5Y4.9%10Y4.1%+0.8%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%0.8%+1.4%
TTM3.2%0.5%+2.7%
YOY3.6%1.2%+2.4%
5Y4.9%1.1%+3.8%
10Y4.1%1.2%+2.9%
4.3.1.3. Return on Equity

Shows how efficient United Paper Public Company Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare United Paper Public Company Limited to the Paper & Paper Products industry mean.
  • 2.4% Return on Equity means United Paper Public Company Limited generated ฿0.02 for each ฿1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of United Paper Public Company Limited:

  • The MRQ is 2.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.4%TTM3.5%-1.1%
TTM3.5%YOY4.0%-0.4%
TTM3.5%5Y5.4%-1.9%
5Y5.4%10Y5.0%+0.5%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%1.4%+1.0%
TTM3.5%1.0%+2.5%
YOY4.0%2.3%+1.7%
5Y5.4%2.0%+3.4%
10Y5.0%2.4%+2.6%
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4.3.2. Operating Efficiency of United Paper Public Company Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient United Paper Public Company Limited is operating .

  • Measures how much profit United Paper Public Company Limited makes for each ฿1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare United Paper Public Company Limited to the Paper & Paper Products industry mean.
  • An Operating Margin of 15.0% means the company generated ฿0.15  for each ฿1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of United Paper Public Company Limited:

  • The MRQ is 15.0%. The company is operating less efficient.
  • The TTM is 19.5%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ15.0%TTM19.5%-4.5%
TTM19.5%YOY19.5%+0.0%
TTM19.5%5Y23.7%-4.1%
5Y23.7%10Y20.3%+3.4%
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ15.0%7.9%+7.1%
TTM19.5%4.9%+14.6%
YOY19.5%5.4%+14.1%
5Y23.7%6.5%+17.2%
10Y20.3%6.7%+13.6%
4.3.2.2. Operating Ratio

Measures how efficient United Paper Public Company Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are ฿0.86 for each ฿1 in net sales.

Let's take a look of the Operating Ratio trends of United Paper Public Company Limited:

  • The MRQ is 0.861. The company is less efficient in keeping operating costs low.
  • The TTM is 0.816. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.861TTM0.816+0.046
TTM0.816YOY0.787+0.028
TTM0.8165Y0.763+0.053
5Y0.76310Y0.797-0.034
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8611.197-0.336
TTM0.8161.217-0.401
YOY0.7871.072-0.285
5Y0.7631.092-0.329
10Y0.7971.030-0.233
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4.4.3. Liquidity of United Paper Public Company Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if United Paper Public Company Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A Current Ratio of 8.86 means the company has ฿8.86 in assets for each ฿1 in short-term debts.

Let's take a look of the Current Ratio trends of United Paper Public Company Limited:

  • The MRQ is 8.861. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.533. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ8.861TTM8.533+0.328
TTM8.533YOY7.543+0.989
TTM8.5335Y6.855+1.678
5Y6.85510Y4.751+2.104
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ8.8611.532+7.329
TTM8.5331.489+7.044
YOY7.5431.583+5.960
5Y6.8551.565+5.290
10Y4.7511.400+3.351
4.4.3.2. Quick Ratio

Measures if United Paper Public Company Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare United Paper Public Company Limited to the Paper & Paper Products industry mean.
  • A Quick Ratio of 10.58 means the company can pay off ฿10.58 for each ฿1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of United Paper Public Company Limited:

  • The MRQ is 10.580. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 10.087. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ10.580TTM10.087+0.494
TTM10.087YOY7.590+2.496
TTM10.0875Y6.282+3.805
5Y6.28210Y4.025+2.257
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ10.5800.689+9.891
TTM10.0870.654+9.433
YOY7.5900.733+6.857
5Y6.2820.749+5.533
10Y4.0250.700+3.325
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4.5.4. Solvency of United Paper Public Company Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of United Paper Public Company Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare United Paper Public Company Limited to Paper & Paper Products industry mean.
  • A Debt to Asset Ratio of 0.09 means that United Paper Public Company Limited assets are financed with 8.9% credit (debt) and the remaining percentage (100% - 8.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of United Paper Public Company Limited:

  • The MRQ is 0.089. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.092. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.089TTM0.092-0.003
TTM0.092YOY0.096-0.004
TTM0.0925Y0.101-0.009
5Y0.10110Y0.189-0.088
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0890.477-0.388
TTM0.0920.475-0.383
YOY0.0960.476-0.380
5Y0.1010.471-0.370
10Y0.1890.504-0.315
4.5.4.2. Debt to Equity Ratio

Measures if United Paper Public Company Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare United Paper Public Company Limited to the Paper & Paper Products industry mean.
  • A Debt to Equity ratio of 9.7% means that company has ฿0.10 debt for each ฿1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of United Paper Public Company Limited:

  • The MRQ is 0.097. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.101. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.097TTM0.101-0.004
TTM0.101YOY0.107-0.005
TTM0.1015Y0.112-0.011
5Y0.11210Y0.259-0.147
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0970.893-0.796
TTM0.1010.897-0.796
YOY0.1070.874-0.767
5Y0.1120.927-0.815
10Y0.2591.113-0.854
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ฿1 in earnings United Paper Public Company Limited generates.

  • Above 15 is considered overpriced but always compare United Paper Public Company Limited to the Paper & Paper Products industry mean.
  • A PE ratio of 16.35 means the investor is paying ฿16.35 for every ฿1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of United Paper Public Company Limited:

  • The EOD is 11.447. Based on the earnings, the company is underpriced. +1
  • The MRQ is 16.353. Based on the earnings, the company is fair priced.
  • The TTM is 11.671. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD11.447MRQ16.353-4.906
MRQ16.353TTM11.671+4.682
TTM11.671YOY-68.735+80.406
TTM11.6715Y-5.163+16.834
5Y-5.16310Y4.460-9.623
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD11.4476.469+4.978
MRQ16.3537.763+8.590
TTM11.6718.219+3.452
YOY-68.7355.406-74.141
5Y-5.1638.886-14.049
10Y4.46011.112-6.652
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of United Paper Public Company Limited:

  • The EOD is 5.451. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.787. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 16.235. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD5.451MRQ7.787-2.336
MRQ7.787TTM16.235-8.449
TTM16.235YOY8.415+7.820
TTM16.2355Y15.637+0.598
5Y15.63710Y6.418+9.219
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD5.4512.946+2.505
MRQ7.7873.266+4.521
TTM16.2352.850+13.385
YOY8.4153.856+4.559
5Y15.6374.064+11.573
10Y6.4184.638+1.780
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of United Paper Public Company Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Paper & Paper Products industry mean).
  • A PB ratio of 1.57 means the investor is paying ฿1.57 for each ฿1 in book value.

Let's take a look of the Price to Book Ratio trends of United Paper Public Company Limited:

  • The EOD is 1.099. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.570. Based on the equity, the company is underpriced. +1
  • The TTM is 1.572. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.099MRQ1.570-0.471
MRQ1.570TTM1.572-0.002
TTM1.572YOY1.992-0.420
TTM1.5725Y2.272-0.700
5Y2.27210Y2.175+0.097
Compared to industry (Paper & Paper Products)
PeriodCompanyIndustry (mean)+/- 
EOD1.0990.855+0.244
MRQ1.5700.968+0.602
TTM1.5720.990+0.582
YOY1.9921.018+0.974
5Y2.2721.126+1.146
10Y2.1751.305+0.870
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-09-30. Currency in THB. All numbers in thousands.

Summary
Total Assets4,995,361
Total Liabilities442,287
Total Stockholder Equity4,553,074
 As reported
Total Liabilities 442,287
Total Stockholder Equity+ 4,553,074
Total Assets = 4,995,361

Assets

Total Assets4,995,361
Total Current Assets3,376,979
Long-term Assets1,618,381
Total Current Assets
Cash And Cash Equivalents 666,604
Short-term Investments 1,206,556
Net Receivables 952,685
Inventory 547,715
Other Current Assets 3,419
Total Current Assets  (as reported)3,376,979
Total Current Assets  (calculated)3,376,979
+/- 0
Long-term Assets
Property Plant Equipment 1,574,745
Long-term Assets Other 10
Long-term Assets  (as reported)1,618,381
Long-term Assets  (calculated)1,574,755
+/- 43,626

Liabilities & Shareholders' Equity

Total Current Liabilities381,118
Long-term Liabilities61,169
Total Stockholder Equity4,553,074
Total Current Liabilities
Short-term Debt 2,854
Accounts payable 261,828
Other Current Liabilities 98,579
Total Current Liabilities  (as reported)381,118
Total Current Liabilities  (calculated)363,261
+/- 17,857
Long-term Liabilities
Capital Lease Obligations 6,067
Long-term Liabilities Other 3,258
Long-term Liabilities  (as reported)61,169
Long-term Liabilities  (calculated)9,325
+/- 51,844
Total Stockholder Equity
Common Stock650,000
Retained Earnings 3,663,609
Accumulated Other Comprehensive Income 65,000
Other Stockholders Equity 174,465
Total Stockholder Equity (as reported)4,553,074
Total Stockholder Equity (calculated)4,553,074
+/-0
Other
Capital Stock650,000
Cash and Short Term Investments 1,873,160
Common Stock Shares Outstanding 650,000
Liabilities and Stockholders Equity 4,995,361
Net Debt -660,537
Net Invested Capital 4,553,074
Net Working Capital 2,995,861
Property Plant and Equipment Gross 1,574,745
Short Long Term Debt Total 6,067



6.2. Balance Sheets Structured

Currency in THB. All numbers in thousands.

 Trend2024-09-302024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-03-312003-12-31
> Total Assets 
1,896,474
0
1,987,801
2,211,030
2,132,630
2,195,191
2,165,345
2,123,508
2,145,337
2,150,175
2,181,016
2,109,403
2,097,405
1,998,697
1,984,114
1,968,934
2,018,921
2,055,693
1,979,133
1,979,517
1,846,642
1,796,987
1,834,254
1,827,155
1,874,030
1,805,259
1,819,839
1,766,817
1,698,181
1,680,948
1,685,719
1,542,730
1,653,299
1,649,415
1,592,674
1,576,508
1,689,693
1,650,126
1,631,570
2,174,421
2,249,161
2,211,598
2,188,441
2,207,346
2,219,019
2,199,142
2,262,426
2,571,733
2,813,877
2,948,694
3,084,730
3,259,382
3,320,752
3,377,255
3,596,419
3,715,480
3,554,960
3,512,604
3,473,462
3,537,218
3,616,208
3,345,101
3,407,486
3,468,967
3,820,183
3,623,868
3,851,229
3,904,185
4,226,299
4,178,693
4,420,694
4,277,058
4,692,024
4,774,640
4,564,608
4,609,854
4,779,915
4,810,659
4,886,080
5,047,584
5,280,285
5,175,989
4,995,361
4,995,3615,175,9895,280,2855,047,5844,886,0804,810,6594,779,9154,609,8544,564,6084,774,6404,692,0244,277,0584,420,6944,178,6934,226,2993,904,1853,851,2293,623,8683,820,1833,468,9673,407,4863,345,1013,616,2083,537,2183,473,4623,512,6043,554,9603,715,4803,596,4193,377,2553,320,7523,259,3823,084,7302,948,6942,813,8772,571,7332,262,4262,199,1422,219,0192,207,3462,188,4412,211,5982,249,1612,174,4211,631,5701,650,1261,689,6931,576,5081,592,6741,649,4151,653,2991,542,7301,685,7191,680,9481,698,1811,766,8171,819,8391,805,2591,874,0301,827,1551,834,2541,796,9871,846,6421,979,5171,979,1332,055,6932,018,9211,968,9341,984,1141,998,6972,097,4052,109,4032,181,0162,150,1752,145,3372,123,5082,165,3452,195,1912,132,6302,211,0301,987,80101,896,474
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
702,114
785,274
755,319
802,981
779,429
746,556
763,174
803,493
693,466
840,398
868,786
848,508
839,124
964,789
929,155
947,326
1,066,320
1,125,609
1,100,460
1,099,250
1,082,242
875,064
826,748
846,302
871,225
868,887
855,531
822,467
903,070
968,923
1,009,096
1,254,226
1,389,445
1,512,749
1,503,507
1,489,683
1,584,133
1,699,015
1,434,586
1,519,771
1,612,011
1,977,703
1,807,998
2,071,182
2,122,827
2,478,201
2,438,243
2,714,744
2,593,819
3,038,113
3,079,234
2,895,782
2,856,332
3,044,671
3,091,137
3,215,906
3,420,146
3,675,837
3,577,336
3,376,979
3,376,9793,577,3363,675,8373,420,1463,215,9063,091,1373,044,6712,856,3322,895,7823,079,2343,038,1132,593,8192,714,7442,438,2432,478,2012,122,8272,071,1821,807,9981,977,7031,612,0111,519,7711,434,5861,699,0151,584,1331,489,6831,503,5071,512,7491,389,4451,254,2261,009,096968,923903,070822,467855,531868,887871,225846,302826,748875,0641,082,2421,099,2501,100,4601,125,6091,066,320947,326929,155964,789839,124848,508868,786840,398693,466803,493763,174746,556779,429802,981755,319785,274702,11400000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
66,045
6,350
16,383
33,211
8,264
9,913
12,775
5,526
21,170
34,966
45,504
37,476
31,882
44,297
87,207
168,553
277,290
84,726
72,603
66,100
45,202
50,974
32,987
24,483
18,295
35,362
23,020
20,748
22,890
33,729
40,083
25,747
116,439
166,471
103,121
175,166
190,364
353,733
150,225
191,357
128,899
692,680
602,252
777,425
668,474
791,207
664,763
703,000
644,283
949,498
884,178
890,106
743,115
875,241
1,018,737
1,133,493
1,057,358
833,728
561,230
666,604
666,604561,230833,7281,057,3581,133,4931,018,737875,241743,115890,106884,178949,498644,283703,000664,763791,207668,474777,425602,252692,680128,899191,357150,225353,733190,364175,166103,121166,471116,43925,74740,08333,72922,89020,74823,02035,36218,29524,48332,98750,97445,20266,10072,60384,726277,290168,55387,20744,29731,88237,47645,50434,96621,1705,52612,7759,9138,26433,21116,3836,35066,04500000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,000
29,650
0
0
100,121
85,609
25,914
0
0
230,475
241,513
272,652
228,270
60,769
31,074
25,000
0
0
0
0
0
0
0
0
0
162
162
162
163
163
164
165
240,204
0
0
0
0
0
0
0
0
0
0
0
500,000
500,000
550,000
550,000
900,000
1,300,000
1,306,556
1,206,556
1,206,5561,306,5561,300,000900,000550,000550,000500,000500,00000000000000240,20416516416316316216216200000000025,00031,07460,769228,270272,652241,513230,4750025,91485,609100,1210029,65020,0000000000000000000000000000000000
       Net Receivables 
402,703
0
413,373
396,337
430,234
476,889
447,288
454,606
449,878
460,822
469,059
387,207
420,880
390,993
428,780
370,418
513,719
530,520
461,952
337,004
298,900
339,202
392,963
372,505
399,843
359,374
349,428
485,179
432,196
462,557
533,833
389,779
470,780
518,129
501,504
426,834
534,455
508,955
505,521
494,540
540,350
489,622
486,804
465,719
493,855
481,974
470,103
494,385
507,302
503,431
502,426
453,799
579,407
533,675
675,967
720,736
766,740
859,752
826,382
809,346
871,193
829,017
825,930
791,253
826,947
723,807
831,053
936,315
1,093,575
1,155,655
1,225,370
1,194,023
1,424,388
1,404,140
1,204,559
1,062,725
1,136,423
1,081,585
1,022,898
967,014
995,000
1,174,644
952,685
952,6851,174,644995,000967,0141,022,8981,081,5851,136,4231,062,7251,204,5591,404,1401,424,3881,194,0231,225,3701,155,6551,093,575936,315831,053723,807826,947791,253825,930829,017871,193809,346826,382859,752766,740720,736675,967533,675579,407453,799502,426503,431507,302494,385470,103481,974493,855465,719486,804489,622540,350494,540505,521508,955534,455426,834501,504518,129470,780389,779533,833462,557432,196485,179349,428359,374399,843372,505392,963339,202298,900337,004461,952530,520513,719370,418428,780390,993420,880387,207469,059460,822449,878454,606447,288476,889430,234396,337413,3730402,703
       Other Current Assets 
15,987
0
11,056
18,929
15,662
12,190
7,138
7,125
11,686
9,654
9,883
7,542
6,179
5,500
2,149
5,457
3,784
3,410
6,167
12,845
8,034
4,991
5,767
5,249
127,574
108,590
125,060
6,729
7,320
5,924
7,387
0
3,649
11,881
10,267
4,711
4,265
33,805
6,849
36,158
9,002
9,128
7,051
20,430
15,215
5,271
4,364
5,450
49,674
3,180
5,665
66,753
0
60,500
53,764
18,258
18,516
9,651
12,415
17,878
10,572
9,620
7,939
11,458
12,268
8,333
5,705
6,606
11,367
4,451
3,320
10,116
8,443
6,846
6,687
8,214
11,485
7,542
10,117
655
10,986
4,104
3,419
3,4194,10410,98665510,1177,54211,4858,2146,6876,8468,44310,1163,3204,45111,3676,6065,7058,33312,26811,4587,9399,62010,57217,87812,4159,65118,51618,25853,76460,500066,7535,6653,18049,6745,4504,3645,27115,21520,4307,0519,1289,00236,1586,84933,8054,2654,71110,26711,8813,64907,3875,9247,3206,729125,060108,590127,5745,2495,7674,9918,03412,8456,1673,4103,7845,4572,1495,5006,1797,5429,8839,65411,6867,1257,13812,19015,66218,92911,056015,987
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,125,041
1,088,756
1,049,940
1,016,858
987,387
951,626
917,774
882,226
849,264
812,901
780,630
744,166
737,384
724,903
720,971
684,245
1,108,101
1,123,552
1,111,139
1,089,191
1,125,104
1,343,956
1,372,394
1,416,124
1,700,508
1,944,990
2,093,162
2,262,263
2,356,313
2,351,829
2,368,159
2,342,193
2,326,035
2,042,211
2,009,096
1,983,779
1,953,085
1,917,193
1,910,515
1,887,715
1,856,956
1,842,480
1,815,870
1,780,047
1,781,359
1,748,098
1,740,450
1,705,950
1,683,240
1,653,910
1,695,406
1,668,826
1,753,522
1,735,244
1,719,522
1,670,174
1,627,438
1,604,449
1,598,653
1,618,381
1,618,3811,598,6531,604,4491,627,4381,670,1741,719,5221,735,2441,753,5221,668,8261,695,4061,653,9101,683,2401,705,9501,740,4501,748,0981,781,3591,780,0471,815,8701,842,4801,856,9561,887,7151,910,5151,917,1931,953,0851,983,7792,009,0962,042,2112,326,0352,342,1932,368,1592,351,8292,356,3132,262,2632,093,1621,944,9901,700,5081,416,1241,372,3941,343,9561,125,1041,089,1911,111,1391,123,5521,108,101684,245720,971724,903737,384744,166780,630812,901849,264882,226917,774951,626987,3871,016,8581,049,9401,088,7561,125,04100000000000000000000000
       Property Plant Equipment 
1,190,248
0
1,285,752
1,389,599
1,390,378
1,386,458
1,385,544
1,374,477
1,394,495
1,375,542
1,352,710
1,303,137
1,279,502
1,252,502
1,223,954
1,205,120
1,179,103
1,148,714
1,117,075
1,266,106
1,227,136
1,188,518
1,150,521
1,112,432
1,076,147
1,040,441
1,007,360
987,379
951,618
917,766
882,218
849,256
812,893
780,622
744,158
737,377
777,925
667,452
629,095
1,051,212
1,068,140
1,056,947
1,036,333
1,073,514
1,294,312
1,324,398
1,369,868
1,656,127
1,901,726
2,050,122
2,219,911
2,313,412
2,309,480
2,326,000
2,300,151
2,283,662
2,000,289
1,967,125
1,941,699
1,911,576
1,875,257
1,868,107
1,844,779
1,812,270
1,797,201
1,771,043
1,734,655
1,736,565
1,704,747
1,697,819
1,663,806
1,640,823
1,611,381
1,652,979
1,626,708
1,648,027
1,630,184
1,613,382
1,576,844
1,585,386
1,561,386
1,555,527
1,574,745
1,574,7451,555,5271,561,3861,585,3861,576,8441,613,3821,630,1841,648,0271,626,7081,652,9791,611,3811,640,8231,663,8061,697,8191,704,7471,736,5651,734,6551,771,0431,797,2011,812,2701,844,7791,868,1071,875,2571,911,5761,941,6991,967,1252,000,2892,283,6622,300,1512,326,0002,309,4802,313,4122,219,9112,050,1221,901,7261,656,1271,369,8681,324,3981,294,3121,073,5141,036,3331,056,9471,068,1401,051,212629,095667,452777,925737,377744,158780,622812,893849,256882,218917,766951,618987,3791,007,3601,040,4411,076,1471,112,4321,150,5211,188,5181,227,1361,266,1061,117,0751,148,7141,179,1031,205,1201,223,9541,252,5021,279,5021,303,1371,352,7101,375,5421,394,4951,374,4771,385,5441,386,4581,390,3781,389,5991,285,75201,190,248
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
50,000
50,000
50,000
50,000
0
0
0
0
000050,00050,00050,00050,000000000000000000000000000000000000000000000000000000000000000000000000000000
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,609
12,609
9,499
9,499
8
8
8
8
8
8
8
8
7
-76,493
7
7
7
7
7
7
9
9
9
9
9
9
404
10
10
10
10
10
10
10
10
10
10
10
10
10
1,085
1,014
944
1,813
1,776
1,606
1,176
833
763
719
649
579
243
173
103
34
10
10
10
10
10101010341031732435796497197638331,1761,6061,7761,8139441,0141,08510101010101010101010101010404999999777777-76,4937888888889,4999,49912,60912,60900000000000000000000000
> Total Liabilities 
1,250,619
0
1,179,378
1,118,701
1,027,317
1,108,072
1,075,816
1,039,589
1,060,269
1,061,968
1,064,581
999,482
988,776
914,046
896,320
884,277
930,103
977,088
913,370
753,582
656,494
608,953
617,746
596,761
611,765
539,638
581,724
517,941
449,589
440,590
441,036
311,943
413,190
388,611
320,637
306,281
865,228
303,742
271,781
403,400
400,553
387,744
378,737
358,660
324,284
332,628
355,564
622,362
799,536
982,898
1,081,154
1,216,043
1,215,744
1,306,473
1,438,422
1,454,377
1,326,071
1,257,790
995,112
861,047
742,485
626,012
471,096
319,640
368,797
379,511
366,746
448,638
481,762
453,303
478,707
416,499
556,637
565,617
437,020
491,193
451,272
441,367
452,251
442,574
495,913
504,723
442,287
442,287504,723495,913442,574452,251441,367451,272491,193437,020565,617556,637416,499478,707453,303481,762448,638366,746379,511368,797319,640471,096626,012742,485861,047995,1121,257,7901,326,0711,454,3771,438,4221,306,4731,215,7441,216,0431,081,154982,898799,536622,362355,564332,628324,284358,660378,737387,744400,553403,400271,781303,742865,228306,281320,637388,611413,190311,943441,036440,590449,589517,941581,724539,638611,765596,761617,746608,953656,494753,582913,370977,088930,103884,277896,320914,046988,776999,4821,064,5811,061,9681,060,2691,039,5891,075,8161,108,0721,027,3171,118,7011,179,37801,250,619
   > Total Current Liabilities 
174,495
0
244,296
262,479
231,578
276,444
281,607
276,178
322,236
327,083
372,990
350,962
383,346
352,187
377,944
408,915
497,743
587,750
567,024
450,242
396,159
283,422
322,312
342,330
393,737
354,305
427,287
394,407
348,320
369,806
400,853
302,227
403,104
377,912
309,663
295,036
334,389
265,931
235,973
279,180
280,932
272,672
268,054
252,067
220,686
233,121
258,951
530,854
711,101
897,421
997,620
475,770
505,446
365,806
537,428
504,126
542,610
553,667
535,802
588,733
501,930
467,247
367,158
289,679
331,235
340,715
324,940
406,447
436,001
406,794
431,529
369,905
508,941
516,847
388,787
440,705
401,134
387,938
395,358
386,750
437,062
446,289
381,118
381,118446,289437,062386,750395,358387,938401,134440,705388,787516,847508,941369,905431,529406,794436,001406,447324,940340,715331,235289,679367,158467,247501,930588,733535,802553,667542,610504,126537,428365,806505,446475,770997,620897,421711,101530,854258,951233,121220,686252,067268,054272,672280,932279,180235,973265,931334,389295,036309,663377,912403,104302,227400,853369,806348,320394,407427,287354,305393,737342,330322,312283,422396,159450,242567,024587,750497,743408,915377,944352,187383,346350,962372,990327,083322,236276,178281,607276,444231,578262,479244,2960174,495
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
172,308
205,149
208,187
190,998
172,896
153,394
149,600
174,600
123,500
92,600
73,700
34,394
0
0
0
0
0
0
0
0
0
0
0
44,302
301,048
479,727
573,363
758,805
192,374
175,747
94,190
221,638
176,264
178,980
178,980
136,680
136,680
136,680
136,680
25,140
57,989
2,448
2,267
40,947
78,385
3,769
3,460
3,151
3,881
102,520
80,089
62,732
3,733
3,398
2,749
2,838
2,389
3,315
3,085
2,854
2,8543,0853,3152,3892,8382,7493,3983,73362,73280,089102,5203,8813,1513,4603,76978,38540,9472,2672,44857,98925,140136,680136,680136,680136,680178,980178,980176,264221,63894,190175,747192,374758,805573,363479,727301,04844,3020000000000034,39473,70092,600123,500174,600149,600153,394172,896190,998208,187205,149172,30800000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
852,374
850,399
960,000
131,140
178,980
178,980
178,980
136,680
136,680
136,680
136,680
25,140
0
2,448
0
0
2,682
0
0
0
3,881
0
0
0
3,733
0
0
0
2,389
0
0
0
0002,3890003,7330003,8810002,682002,448025,140136,680136,680136,680136,680178,980178,980178,980131,140960,000850,399852,374000000000000000000000000000000000000000000000000000
       Accounts payable 
66,180
0
90,763
73,113
72,015
83,315
68,140
66,771
89,464
101,735
140,486
110,888
150,853
137,996
134,928
142,899
157,173
234,712
156,200
103,677
103,420
91,242
106,559
4,685
4,362
4,938
7,382
201,148
5,419
5,084
4,632
166,463
269,062
255,876
234,846
244,935
275,754
207,316
182,714
177,991
196,334
206,423
212,975
184,502
145,958
173,486
150,519
150,316
122,923
159,842
154,582
112,965
163,557
186,510
259,677
218,739
251,983
256,554
282,952
310,840
250,827
228,208
264,685
154,773
163,515
150,458
219,263
250,690
257,514
277,434
336,410
220,179
343,741
377,239
284,561
306,323
254,530
239,597
301,583
251,127
282,660
296,257
261,828
261,828296,257282,660251,127301,583239,597254,530306,323284,561377,239343,741220,179336,410277,434257,514250,690219,263150,458163,515154,773264,685228,208250,827310,840282,952256,554251,983218,739259,677186,510163,557112,965154,582159,842122,923150,316150,519173,486145,958184,502212,975206,423196,334177,991182,714207,316275,754244,935234,846255,876269,062166,4634,6325,0845,419201,1487,3824,9384,3624,685106,55991,242103,420103,677156,200234,712157,173142,899134,928137,996150,853110,888140,486101,73589,46466,77168,14083,31572,01573,11390,763066,180
       Other Current Liabilities 
15,040
0
13,758
35,766
35,962
41,146
39,482
44,736
62,599
53,340
60,495
68,067
60,485
42,184
34,595
39,008
41,948
36,340
28,448
13,151
11,190
17,425
31,160
143,499
146,786
111,670
221,292
2,567
159,967
191,139
211,461
2,336
21,559
23,449
22,973
28,210
20,052
24,505
33,179
66,458
26,999
25,998
38,339
37,457
31,078
34,926
52,141
55,233
65,317
129,974
71,344
143,740
96,301
85,106
315,790
84,070
65,275
75,296
82,103
97,337
47,900
52,101
47,891
76,514
64,501
54,135
63,461
77,493
60,261
54,631
59,842
88,155
62,669
59,029
74,862
83,913
66,197
79,790
67,960
79,348
66,876
81,498
98,579
98,57981,49866,87679,34867,96079,79066,19783,91374,86259,02962,66988,15559,84254,63160,26177,49363,46154,13564,50176,51447,89152,10147,90097,33782,10375,29665,27584,070315,79085,10696,301143,74071,344129,97465,31755,23352,14134,92631,07837,45738,33925,99826,99966,45833,17924,50520,05228,21022,97323,44921,5592,336211,461191,139159,9672,567221,292111,670146,786143,49931,16017,42511,19013,15128,44836,34041,94839,00834,59542,18460,48568,06760,49553,34062,59944,73639,48241,14635,96235,76613,758015,040
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
254,431
218,028
185,333
154,438
123,534
101,270
70,784
40,183
9,716
10,087
10,699
10,974
11,245
530,839
37,810
35,808
124,221
119,621
115,071
110,683
106,593
103,597
99,507
96,612
91,508
88,435
85,478
83,534
740,273
710,298
940,667
900,994
950,251
783,461
704,123
459,310
272,315
240,555
158,765
103,938
29,961
37,563
38,796
41,806
42,191
45,762
46,509
47,178
46,594
47,696
48,769
48,233
50,488
50,138
53,429
56,894
55,824
58,851
58,434
61,169
61,16958,43458,85155,82456,89453,42950,13850,48848,23348,76947,69646,59447,17846,50945,76242,19141,80638,79637,56329,961103,938158,765240,555272,315459,310704,123783,461950,251900,994940,667710,298740,27383,53485,47888,43591,50896,61299,507103,597106,593110,683115,071119,621124,22135,80837,810530,83911,24510,97410,69910,0879,71640,18370,784101,270123,534154,438185,333218,028254,43100000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-172,308
-205,149
-208,187
-190,998
-172,896
-153,394
-149,600
-174,600
-123,500
-92,600
-73,700
-34,394
0
0
0
0
0
0
0
0
0
0
0
-44,302
-301,048
-479,727
-573,363
-758,805
-192,374
-175,747
-94,190
-221,638
-176,264
-178,980
-178,980
-136,680
-136,680
-136,680
-136,680
-25,140
-57,989
-1,217
988
-35,449
-76,450
4,620
3,910
3,191
593
-95,163
-73,719
-57,341
-1,810
1,275
930
2,185
-693
4,551
3,886
3,214
3,2143,8864,551-6932,1859301,275-1,810-57,341-73,719-95,1635933,1913,9104,620-76,450-35,449988-1,217-57,989-25,140-136,680-136,680-136,680-136,680-178,980-178,980-176,264-221,638-94,190-175,747-192,374-758,805-573,363-479,727-301,048-44,30200000000000-34,394-73,700-92,600-123,500-174,600-149,600-153,394-172,896-190,998-208,187-205,149-172,30800000000000000000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,604
1,621
1,866
2,222
2,984
3,249
3,536
3,274
2,885
2,881
2,901
1,873
2,347
2,785
1,615
2,299
2,434
2,666
3,092
2,964
2,994
1,545
3,258
3,2581,5452,9942,9643,0922,6662,4342,2991,6152,7852,3471,8732,9012,8812,8853,2743,5363,2492,9842,2221,8661,6211,604000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
645,854
645,854
808,423
1,092,329
1,105,313
1,087,118
1,089,528
1,083,919
1,085,068
1,088,207
1,116,434
1,109,921
1,108,629
1,084,651
1,087,793
1,084,657
1,088,818
1,078,605
1,065,763
1,225,935
1,190,148
1,188,033
1,216,508
1,230,394
1,262,265
1,265,621
1,238,115
1,248,876
1,248,592
1,240,357
1,244,684
1,230,787
1,240,108
1,260,804
1,272,037
1,270,227
824,465
1,346,384
1,359,789
1,771,021
1,848,608
1,823,855
1,809,704
1,848,685
1,894,736
1,866,514
1,906,862
1,949,371
2,014,341
1,965,796
2,003,576
2,043,340
2,105,008
2,070,781
2,157,997
2,261,103
2,228,889
2,254,813
2,478,350
2,676,171
2,873,723
2,719,089
2,936,391
3,149,327
3,451,386
3,244,357
3,484,482
3,455,547
3,744,536
3,725,389
3,941,987
3,860,560
4,135,387
4,209,023
4,127,588
4,118,661
4,328,643
4,369,292
4,433,829
4,605,010
4,784,373
4,671,266
4,553,074
4,553,0744,671,2664,784,3734,605,0104,433,8294,369,2924,328,6434,118,6614,127,5884,209,0234,135,3873,860,5603,941,9873,725,3893,744,5363,455,5473,484,4823,244,3573,451,3863,149,3272,936,3912,719,0892,873,7232,676,1712,478,3502,254,8132,228,8892,261,1032,157,9972,070,7812,105,0082,043,3402,003,5761,965,7962,014,3411,949,3711,906,8621,866,5141,894,7361,848,6851,809,7041,823,8551,848,6081,771,0211,359,7891,346,384824,4651,270,2271,272,0371,260,8041,240,1081,230,7871,244,6841,240,3571,248,5921,248,8761,238,1151,265,6211,262,2651,230,3941,216,5081,188,0331,190,1481,225,9351,065,7631,078,6051,088,8181,084,6571,087,7931,084,6511,108,6291,109,9211,116,4341,088,2071,085,0681,083,9191,089,5281,087,1181,105,3131,092,329808,423645,854645,854
   Common Stock
447,000
0
496,600
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000
650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000650,000496,6000447,000
   Retained Earnings Total Equity00000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
236,827
0
0
0
0
196,807
14,277
180,087
16,198
112,488
21,601
24,871
26,975
30,586
32,980
35,263
36,945
39,071
40,730
43,104
45,145
48,393
50,841
52,730
54,718
58,419
60,965
207,775
0
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,000
65,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,00065,0000207,77560,96558,41954,71852,73050,84148,39345,14543,10440,73039,07136,94535,26332,98030,58626,97524,87121,601112,48816,198180,08714,277196,8070000236,827000000000000000000000000000
   Capital Surplus 00000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
174,465
442,291
431,958
421,625
174,465
400,511
390,200
379,889
375,557
174,465
348,708
174,465
361,495
-344,854
278,860
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
435,886
366,310
408,099
174,465
-33,311
439,070
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465
174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465439,070-33,311174,465408,099366,310435,886174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465174,465278,860-344,854361,495174,465348,708174,465375,557379,889390,200400,511174,465421,625431,958442,291174,46500000000000000000000000



6.3. Balance Sheets

Currency in THB. All numbers in thousands.