BEC World Public Company Limited

BEC World Public Company Limited

BECVY
BEC World Public Company LimitedUS flagOther OTC
0.53
USD
- -
- -
106.00MMarket 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
82.14
80.83
79.23
61.33
55.17
50.63
41.55
29.3
28.4
25.57
23.26
21.26
19.9
18.35
Basic EPS, GAAP
27.95
21.69
14.91
6.09
0.31
-1.65
-1.99
-1.07
3.81
3.04
1.05
0.48
1.03
0.79
Free Cash Flow per Basic Share
23.98
12.71
5.51
0.42
-2.42
3.54
-2.9
2.61
10.77
3.97
1.11
3.71
5.86
5.04
Dividend per Share
24.5
24
17
11.5
2.5
- -
- -
- -
- -
2.5
1.6
1
0.8
0.4
Book Value per Share
4.41
4.28
3.98
3.45
3.2
3.04
2.81
2.7
3.1
3.12
3.07
3.04
3.07
3.02
Tangible Book Value per Share
3.68
0.45
-0.14
-0.52
-0.63
-0.39
0.81
0.87
1.5
1.51
1.4
1.67
2.18
2.31
Basic Weighted Avg Shares
200
200
200
200
200
200
200
200
200
200
200
200
200
200
Sales/Revenue/Turnover
16,429
16,167
15,845
12,266
11,035
10,126
8,310
5,861
5,680
5,115
4,653
4,251
3,980
3,671
Operating Margin (%)
42.6
34.23
24.71
13.06
1.74
-2.46
-5.2
-1.95
19.88
15.24
7.35
4.67
6.02
5.73
Depreciation Expense
2,168
2,756
3,199
3,249
3,652
3,612
3,019
2,149
2,050
1,914
1,704
1,497
1,352
1,204
Net Income, GAAP
5,589
4,337
2,983
1,218
61
-330
-397
-214
762
607
210
96
206
158
Effective Tax Rate (%)
20.11
20.07
20.32
21.33
60.41
- -
- -
- -
23.27
16.51
39.31
51.92
25.47
38.31
Profit Margin (%)
34.02
26.83
18.82
9.93
0.55
-3.26
-4.78
-3.66
13.41
11.87
4.51
2.26
5.17
4.3
Working Capital
5,024
1,653
-211
-1,948
784
1,927
2,691
3,071
1,873
3,940
3,899
3,101
4,196
3,723
LT Debt
3
2
5
9
3,002
2,998
2,998
3,020
- -
2,283
2,230
920
1,047
261
Total Equity
9,115
8,856
8,188
7,110
6,546
6,236
5,718
5,409
6,193
6,241
6,147
6,072
6,137
6,033
Return on Invested Capital (%)
59.42
45.95
34.66
13.72
0.78
- -
- -
- -
9.81
7.34
2.44
1.14
2.31
1.82
Return on Capital (%)
61.53
47.33
35.37
14.91
1.72
- -
- -
- -
9.43
7.87
3.23
1.75
3.37
2.7
Return on Common Equity (%)
66.11
49.87
36.11
16.41
0.92
-5.29
-6.78
-3.88
13.13
9.76
3.39
1.58
3.37
2.61

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
63
64
819
LT Borrowings
754
754
- -
LT Finance Leases
293
277
261
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,000
2,000
2,000
Market Capitalization
33,438
34,618
35,213

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,847
5,035
5,174
Cash, Cash Equivalents & STI
4,253
4,571
4,592
Accounts Receivable, Net
338
304
410
Inventories
3
2
4
Total Current Liabilities
651
641
1,451
Payables & Accruals
412
355
350
ST Debt
63
64
819
Deferred Revenue
124
171
225

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.59%
2.72%
1.07%
Free Cash Flow
-92.05%
93.75%
58.16%
Net Income, GAAP
-130.27%
-96.33%
113.71%
Sales/Revenue/Turnover
-12.54%
-7.42%
-6.39%
Total Cash Common Dividend
- -
- -
-20%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
984
1,110
1,068
1,089
4,251
2025
994
1,031
984
970
3,980
2026
839
877
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.36
0.23
- -
0.48
2025
0.22
0.1
0.18
- -
1.03
2026
0.15
-0.07
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.4
- -
1
2025
- -
- -
0.4
- -
0.8
2026
- -
- -
- -
- -
- -

Company Description

CEO
Somchai Boonnamsiri
Full Time Employees
1,748
Sector
Communication Services
Industry
Broadcasting
Address
3199 Maleenont Tower Bangkok BM Thailand 10110
IPO Date
Aug 20, 2013
Business
BEC World Public Company Limited engages in the entertainment and recreation business in Thailand, primarily operating as a leading content and entertainment platform. The company produces and provides content across multiple platforms including television and digital platforms; it operates the well-known Channel 3 TV channel and manages global content licensing to distribute its television content internationally. Core products and services include TV program production; management services for creative development, scriptwriting, and production processes; studio and post-production services including computer graphics (CG); sale of advertising airtime; and digital TV broadcasting. The company also offers supporting businesses such as outsourced content production, studio equipment services, and asset management through subsidiaries. BEC World operates several subsidiaries including Bangkok Entertainment Co., Ltd., BEC-Multimedia Co., Ltd., BEC Studio Co., Ltd., and BEC International Distribution Co., Ltd, among others. Founded in 1967 and headquartered in Bangkok, Thailand, BEC World has recently undertaken significant strategic expansion, including launching BEC Studio as a new content production house with a major investment of 400 million baht focused on building state-of-the-art Soundstage Studios for producing at least 10 dramas annually. This move aims to boost Thailand’s position as a leading content exporter in Southeast Asia. The company has also enhanced its global content licensing operations, forming partnerships to expand market reach in regions such as Southeast Asia, the Middle East, Latin America, and China, including collaborations with Tencent Video and JKN Global Media. Additionally, BEC World has launched the CH3+ digital platform to modernize its online business service model and better serve audience preferences. These initiatives reflect a strategic shift toward diversifying revenue through increased digital platform revenues, global licensing, and international content distribution while innovating advertising solutions to adapt to changing consumer behaviors. In summary, BEC World's main offerings encompass television and digital content production and distribution, global content licensing, TV channel operations, creative and production services including studio rental and post-production, advertising airtime sales, and advanced digital platform services. The company continues to expand its international footprint and content capacity through substantial investments and strategic alliances, maintaining its position as a leading entertainment provider in Thailand and growing as a global content exporter.