Synergetic Auto Performance Public Company Limited

Synergetic Auto Performance Public Company Limited

ASAP.BK
Synergetic Auto Performance Public Company LimitedTH flagStock Exchange of Thailand
2.28
THB
-0.02
- -
1.66BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.32
1.67
2.16
1.98
3.12
3.63
4.32
4.8
5.81
5.12
4.58
11.85
11.89
12.89
Basic EPS, GAAP
0.18
0.07
0.11
0.1
0.22
0.12
-0.12
-0.12
-0.37
0.12
-0.39
-0.04
0.07
0.05
Free Cash Flow per Basic Share
1.14
1.23
1.73
0.76
-0.32
0.57
2.69
3.4
4.49
4.24
2.57
0.23
3.5
3.4
Dividend per Share
- -
- -
- -
- -
0.04
- -
- -
- -
- -
- -
- -
- -
- -
0.02
Book Value per Share
0.66
0.73
1.2
0.91
1.3
1.33
1.21
1.08
0.73
0.84
0.46
0.42
0.49
0.48
Tangible Book Value per Share
0.66
0.73
1.2
0.91
2.05
2.02
1.89
1.76
1.43
1.53
1.17
1.21
1.34
1.35
Basic Weighted Avg Shares
495
495
495
726
677
726
726
726
726
726
726
726
726
726
Sales/Revenue/Turnover
652
827
1,069
1,437
2,112
2,636
3,138
3,488
4,215
3,716
3,323
8,605
8,634
9,355
Operating Margin (%)
24.48
14.1
15.36
15.67
14.53
13.91
11.84
8.52
2.34
8.64
-1.36
4.28
4.58
4.03
Depreciation Expense
290
344
415
596
915
1,191
1,491
1,571
1,509
1,173
1,161
755
747
754
Net Income, GAAP
90
35
56
70
151
90
-90
-91
-267
87
-282
-28
51
37
Effective Tax Rate (%)
21.04
19.73
21.9
22.01
- -
- -
- -
- -
- -
2.62
- -
54.35
20.25
25.95
Profit Margin (%)
13.76
4.18
5.24
4.86
7.14
3.4
-2.86
-2.6
-6.34
2.34
-8.47
-0.33
0.6
0.39
Working Capital
-710
-852
-876
-1,187
-1,067
-1,997
-2,868
-2,845
-3,433
-2,025
-995
-822
-691
-692
LT Debt
1,050
1,233
1,938
4,113
5,713
8,341
8,018
7,042
4,424
4,039
3,423
3,566
3,428
3,749
Total Equity
329
363
594
664
1,405
1,493
1,404
1,311
1,064
1,127
863
885
972
984
Return on Invested Capital (%)
6.12
3.97
4.33
3.73
- -
- -
- -
- -
- -
3.75
- -
2.27
4.14
3.76
Return on Capital (%)
7.42
4.43
4.78
4.1
- -
- -
- -
- -
- -
4.49
- -
0.95
3.3
2.58
Return on Common Equity (%)
31.63
10
11.71
11.13
19.53
9.69
-9.74
-10.9
-40.73
15.28
-59.6
-8.95
15.64
10.99

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2,503
2,675
2,357
LT Borrowings
493
491
502
LT Finance Leases
2,929
2,937
3,247
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
726
726
726
Market Capitalization
857
871
835

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,016
2,335
2,142
Cash, Cash Equivalents & STI
250
254
202
Accounts Receivable, Net
176
157
246
Inventories
1,118
1,432
993
Total Current Liabilities
2,885
3,026
2,834
Payables & Accruals
342
312
422
ST Debt
2,503
2,675
2,357
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.31%
-4.79%
9.93%
Free Cash Flow
126.89%
267.49%
1,441.56%
Net Income, GAAP
-83.09%
-146.32%
-280.95%
Sales/Revenue/Turnover
29.41%
31.55%
0.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,112
1,585
921
1,942
8,605
2025
1,586
2,107
2,545
2,408
8,634
2026
2,295
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.04
-0.05
- -
-0.04
2025
0.02
0.01
0.1
- -
0.07
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
0.02
- -
- -
- -
- -

Company Description

APIChat
CEO
Songvit Titipoonya
Full Time Employees
344
Sector
Industrials
Industry
Rental & Leasing Services
Address
149 Moo 3 Theparak Road Mueang Samut Prakan Thailand 10270
IPO Date
Mar 30, 2017
Business
Synergetic Auto Performance Public Company Limited (ASAP.BK) operates as a car rental and automotive services provider in Thailand. The company offers vehicle rental services including short-term and long-term car leases for business and leisure customers; fleet management solutions; automotive maintenance and repair services; and performance enhancement products such as tuning parts and accessories for imported vehicles. It primarily serves corporate clients, tourists, and individual consumers in the transportation and automotive aftermarket segments, with operations concentrated in major Thai cities including Bangkok, Phuket, and Chiang Mai. Founded in 2015 and headquartered in Bangkok, Thailand, the company focuses on premium imported car rentals and synergies between leasing and performance upgrades. ASAP targets mid-to-high-end markets, emphasizing reliable mobility solutions and customized vehicle modifications. In recent developments, the company expanded its fleet with new electric and hybrid vehicle offerings in 2024 to align with Thailand's green mobility initiatives; formed a strategic partnership with a leading Japanese automaker for exclusive rental access to performance models in early 2025; and completed a funding round in mid-2025 to support regional expansion into Cambodia and Laos. These moves reflect ASAP's shift toward sustainable automotive services and cross-border growth.