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Banpu Public Company Limited

Banpu Public Company Limited

BNPJY
Banpu Public Company LimitedUS flagOther OTC
1.60
USD
- -
- -
40.08MMarket Cap
Banpu Public Company Limited
BNPJY
(Other OTC)

Recent

price

1.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.57
17.46
18.51
17.3
16.23
12.48
10.71
9.72
11.62
9.24
7.62
13.32
21.45
11.51
10.28
10.54
10.65
Revenue per Share
4.03
3.12
1.33
0.4
0.43
-0.22
0.23
0.79
0.69
-0.05
-0.19
0.98
3.24
0.36
-0.05
-0.12
-0.07
Basic EPS, GAAP
-0.33
2.17
-0.17
-0.94
-0.11
0.29
-0.16
0.43
0.46
-0.58
-1.41
1.71
4.32
-0.47
0.38
-0.24
-0.39
Free Cash Flow per Basic Share
0.92
0.93
0.91
0.64
0.5
0.46
0.34
0.28
0.38
0.39
0.21
0.18
0.38
0.55
0.21
0.14
0.07
Dividend per Share
8.54
10.81
10.93
10.5
10.39
9.29
8.97
6.79
7
6.36
5.94
6.55
8.47
6.73
5.67
5.41
5.45
Book Value per Share
1.57
12.4
12.12
10.2
9.61
7.76
10.5
9.01
7.97
7.44
7.88
8.53
11.07
9.58
8.28
8.64
9.33
Tangible Book Value per Share
204
204
204
194
194
198
211
296
300
299
300
310
359
442
501
501
501
Basic Weighted Avg Shares
2,156
3,560
3,775
3,351
3,145
2,477
2,259
2,877
3,481
2,759
2,283
4,124
7,693
5,083
5,148
5,278
5,335
Sales/Revenue/Turnover
16.05
20.1
12.83
6.79
8.07
6.89
8.36
16.11
14.9
1.02
-3.84
23.32
36.53
9.5
5.9
4.09
3.9
Operating Margin (%)
85
197
234
226
221
188
182
205
326
339
433
497
633
573
604
623
658
Depreciation Expense
822
635
272
78
83
-43
47
234
205
-14
-56
304
1,162
160
-24
-61
-35
Net Income, GAAP
12.21
25.09
28.37
36.93
37.48
120.19
41.53
28.02
37.53
62.7
- -
28.68
24.3
24.2
46.52
- -
59.25
Effective Tax Rate (%)
38.11
17.85
7.2
2.33
2.63
-1.73
2.1
8.12
5.9
-0.52
-2.44
7.37
15.11
3.15
-0.46
-1.16
-0.66
Profit Margin (%)
620
866
833
-37
181
-23
-131
12
-315
-197
-636
-352
903
316
54
519
886
Working Capital
2,515
2,676
2,896
2,731
2,937
2,868
2,572
3,117
3,053
3,441
3,765
4,207
4,667
4,713
4,401
5,689
6,032
LT Debt
2,280
3,052
2,996
2,501
2,386
2,065
2,738
3,211
2,805
2,635
2,815
3,103
4,409
4,828
4,701
4,893
5,158
Total Equity
8.14
9.66
5.59
2.4
2.79
-0.62
1.94
5.1
4.64
0.15
- -
7.82
21.28
3.31
1.45
- -
0.71
Return on Invested Capital (%)
23.77
10.52
3.52
1.33
1.51
-1.69
1.3
3.66
3.07
-0.11
- -
2.86
9.48
2.25
0.41
- -
-0.04
Return on Capital (%)
59.45
32.2
12.26
3.66
4.09
-2.22
2.54
11.97
10
-0.72
-3.03
15.96
45.88
5.32
-0.81
-2.22
-1.27
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,977
1,799
1,680
LT Borrowings
4,878
5,651
5,991
LT Finance Leases
54
38
42
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,019
10,019
10,019
Market Capitalization
802
802
802

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,832
3,248
3,564
Cash, Cash Equivalents & STI
1,619
1,971
2,259
Accounts Receivable, Net
474
530
535
Inventories
242
262
252
Total Current Liabilities
2,918
2,729
2,678
Payables & Accruals
799
826
819
ST Debt
1,977
1,799
1,680
Deferred Revenue
2
10
15

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.13%
12.65%
4.08%
Free Cash Flow
-120.97%
-100.34%
-164.12%
Net Income, GAAP
-5.74%
-80.84%
159.66%
Sales/Revenue/Turnover
13.87%
27.42%
2.52%
Total Cash Common Dividend
10.97%
24.47%
-31.11%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,134
1,308
1,339
1,368
5,148
2025
1,284
1,237
1,358
1,399
5,278
2026
1,340
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.09
0.05
-0.05
- -
-0.05
2025
-0.03
-0.06
0.07
- -
-0.12
2026
0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.1
- -
0.21
2025
- -
- -
0.07
- -
0.14
2026
- -
- -
- -
- -
- -
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Business
Banpu Public Company Limited (BNPJY), an integrated energy solutions provider, engages in coal mining, natural gas production, power generation, and renewable energy development across Asia-Pacific and the United States. The company operates coal projects in Indonesia, China, Australia, and Mongolia; natural gas projects in the United States through its NYSE-listed subsidiary BKV Corporation; thermal power plants in Thailand, Lao PDR, and China; and renewable energy power plants in Japan, China, and Vietnam; it also offers solar rooftop and installation solutions for industries, energy storage systems including battery energy storage (BESS), electric vehicle and fleet management services, customized energy management consultations, smart clean energy ecosystems, coal trading, and research and development in power and renewables. Banpu NEXT, its net zero solutions arm, integrates AI-driven digital platforms for energy efficiency, EV fleets, and 24/7 after-sales support. Founded in 1983 and headquartered in Bangkok, Thailand, the company conducts business in 10 countries including Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Japan, the United States, and Vietnam, targeting industrial, commercial, and utility customers with a focus on the energy trilemma of reliability, affordability, and sustainability. In late 2025, Banpu's board approved a major restructuring under its Energy Symphonics strategy, including the amalgamation with Banpu Power Public Company Limited (BPP) into a new entity expected to list on the Stock Exchange of Thailand by Q3 2026, a general offer to buy back BPP shares, and consolidation of U.S. gas-fired power assets under BKV to form a closed-loop gas strategy integrating production, carbon capture, utilization, and storage (CCUS), alongside Power+ as a pure-play platform for conventional and new energy, Next-Gen Mining with AI enhancements and diversification into strategic minerals like nickel via investment in PT Adhi Kartiko Pratama Tbk, and a Future Tech pillar for data centers and digital energy solutions; additional recent developments encompass BKV's acquisition of Bedrock Production LLC in September 2025 boosting Barnett Shale output by 108 MMcfe/d and reserves by 1 Tcfe, CCUS joint ventures like the East Texas project targeting 70,000 tons of CO2 capture annually from 2027, BESS portfolio expansion in Australia, and a partnership with enspired for AI-optimized energy trading and BESS in Japan. This realignment aims to enhance governance efficiency, unlock asset value, support AI-driven power demand, and advance 2030 targets of 1.5x EBITDA growth, coal earnings below 50% of EBITDA, and over 20% Scope 1 and 2 emissions reductions en route to Net Zero by 2050.