1. Thailand Stocks

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    Railroads
BTS Group Holdings Public Company Limited

BTS Group Holdings Public Company Limited

BTSGY
BTS Group Holdings Public Company LimitedUS flagOther OTC
3.08
USD
- -
- -
495.69MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
185.23
51.74
45.24
57.52
103.07
371.58
276.65
263.82
195.73
136.83
135.48
124.98
- -
131.29
Basic EPS, GAAP
107.79
24.82
34.94
16.92
37.28
24.25
64.61
34.78
29.06
13.95
-39.8
16.21
- -
-7.16
Free Cash Flow per Basic Share
0.99
-10.34
-2.92
-42.51
-96.25
-269.92
-117.37
-156.02
-123.37
-65
-13.2
266.99
- -
216.65
Dividend per Share
60.85
50.82
63.88
50.27
33.9
35.48
43.48
44.87
30.91
30.91
15.93
- -
- -
- -
Book Value per Share
414.76
382.65
356.74
323.07
323.77
310.95
341.36
317.37
319.17
303
241.61
326.63
- -
317.22
Tangible Book Value per Share
488.07
414.85
371.93
343.94
353.3
397.01
511.08
556.35
616.93
593.93
480.33
680.43
- -
575.02
Basic Weighted Avg Shares
117
119
118
118
118
118
126
132
132
132
132
143
- -
161
Sales/Revenue/Turnover
21,649
6,137
5,352
6,809
12,207
44,016
34,948
34,717
25,764
18,018
17,840
17,919
21,129
21,129
Operating Margin (%)
72.21
32.83
18.05
22.55
16.34
4.98
7.67
11.81
12.72
10.94
5.69
3.75
-1.39
-1.36
Depreciation Expense
381
460
453
577
758
793
1,264
1,006
871
967
1,309
2,186
3,417
3,417
Net Income, GAAP
12,598
2,944
4,134
2,003
4,416
2,873
8,162
4,576
3,826
1,836
-5,241
2,324
-1,152
-1,152
Effective Tax Rate (%)
21.82
17.77
20.34
20.72
22.57
18.52
15.88
26.45
23.83
48.67
- -
53.24
- -
505.24
Profit Margin (%)
58.19
47.97
77.24
29.42
36.17
6.53
23.35
13.18
14.85
10.19
-29.38
12.97
-5.45
-5.45
Working Capital
28,786
19,442
-2,369
7,106
-1,256
-21,959
-10,516
-18,113
-24,325
-18,122
-4,588
15,582
13,538
13,538
LT Debt
3,037
2,532
173
23,911
30,463
42,886
66,051
91,542
111,197
138,830
144,386
156,618
146,378
146,378
Total Equity
59,542
52,012
46,901
45,182
46,364
52,310
67,246
76,037
84,311
81,322
66,143
105,990
100,098
100,098
Return on Invested Capital (%)
18.86
2.67
1.39
1.96
2.08
1.93
1.8
1.8
1.16
0.41
- -
0.12
- -
-0.28
Return on Capital (%)
21.76
5.32
8.11
3.92
7.04
3.92
7.99
3.71
3.18
1.76
- -
2.4
- -
-16.38
Return on Common Equity (%)
28.22
6.27
9.44
4.98
11.53
7.64
20.42
10.78
9.13
4.48
-14.62
5.91
-2.35
-2.35

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
36,520
32,948
44,834
LT Borrowings
148,474
155,766
144,808
LT Finance Leases
1,611
1,585
1,570
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16,094
16,094
16,094
Market Capitalization
15,321
15,637
16,189

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
84,586
72,321
69,308
Cash, Cash Equivalents & STI
32,132
56,073
50,739
Accounts Receivable, Net
1,139
1,272
1,126
Inventories
1,737
1,713
1,650
Total Current Liabilities
50,892
43,024
55,770
Payables & Accruals
7,711
6,266
6,911
ST Debt
36,520
32,948
44,834
Deferred Revenue
3,051
3,055
3,174

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.68%
8.67%
-5.56%
Free Cash Flow
-80.97%
-491.83%
-8.92%
Net Income, GAAP
-57.36%
-149.54%
-149.56%
Sales/Revenue/Turnover
30.73%
-7.7%
17.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,080
3,899
5,063
3,799
17,840
2025
3,654
3,881
4,997
5,409
17,919
2026
5,272
5,192
5,469
5,197
21,129

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-5.87
1.95
-36.16
- -
-39.8
2025
-2.84
-2.69
20.64
- -
16.21
2026
-1.43
0.64
-5.95
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
15.95
0.01
- -
15.93
2025
- -
- -
0.01
- -
- -
2026
- -
0.01
0.02
- -
- -

Company Description

APIChatGPT
CEO
Kavin Kanjanapas
Full Time Employees
5,357
Sector
Industrials
Industry
Railroads
Address
TST Tower 21 Soi Choei Phuang Bangkok BM Thailand 10900
IPO Date
Oct 15, 2013
CIK
0001546538
Website
btsgroup.co.th
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Business
BTS Group Holdings Public Company Limited (BTSGY) is a Thailand-based infrastructure and property conglomerate primarily engaged in urban rail development, real estate investment, and related services. The company operates the Bangkok Mass Transit System (BTS Skytrain), encompassing the Sukhumvit and Silom lines with a combined network exceeding 70 kilometers and over 50 stations; provides advertising and commercial services along its transit network; develops and manages premium commercial properties such as office towers, retail malls like The Walk and Mono Square, and luxury condominiums under brands including Rhythm and Noble; and offers advertising agency services, billboard rentals, digital media solutions, and utility services including electricity distribution and billing. BTS Group maintains operations predominantly in Thailand, with a focus on Bangkok's greater metropolitan area, serving commuters, retailers, advertisers, and residential tenants. Founded in 1973 and headquartered in Bangkok, the company has no major publicly reported acquisitions, funding rounds, partnerships, product launches, or strategic reorganizations within the last 1-2 years.

Company News

APIChatGPT

  • seekingalpha.com

    BTS Group Holdings Public Company Limited (BTSGY) Q4 2026 Earnings Call Prepared Remarks Transcript

  • seekingalpha.com

    BTS Group Holdings Public Company Limited (BTSGY) Q3 2026 Earnings Call Prepared Remarks Transcript

  • seekingalpha.com

    BTS Group Holdings Public Company Limited (BTSGY) Q2 2026 Earnings Call Prepared Remarks Transcript