1. Thailand Stocks

  2. •

    Consumer Cyclical

  3. •

    Department Stores
Central Retail Corporation Public Company Limited

Central Retail Corporation Public Company Limited

CRC-R.BK
Central Retail Corporation Public Company LimitedTH flagStock Exchange of Thailand
23.50
THB
-0.20
- -
141.73BMarket Cap
Central Retail Corporation Public Company Limited
CRC-R.BK
(Stock Exchange of Thailand)

Recent

price

23.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
34.76
37.39
40.09
33.83
30.77
30.62
36.47
38.4
37.59
37.87
37.65
Revenue per Share
0.9
0.99
2.33
1.76
0.01
0.01
1.19
1.33
1.35
1.23
1.31
Basic EPS, GAAP
1.2
1.56
0.93
1.04
0.48
2.53
1.18
1.63
1.41
3.53
3.96
Free Cash Flow per Basic Share
0.38
0.45
0.49
3.76
2.08
0.41
0.3
0.48
0.55
1.3
1.31
Dividend per Share
6.23
6.76
9.21
2.86
2.77
2.33
3.18
4.04
4.83
4.94
5.43
Book Value per Share
-1.3
1.05
3.11
-2.91
3.58
2.04
2.89
3.84
4.4
6.23
7.11
Tangible Book Value per Share
4,700
4,700
4,700
6,031
5,849
5,937
6,029
6,027
6,031
6,031
5,997
Basic Weighted Avg Shares
163,377
175,744
188,442
204,009
179,947
181,791
219,898
231,438
226,713
228,377
225,807
Sales/Revenue/Turnover
-0.76
-0.51
-1.2
-1.04
-5.67
-5.53
-1.72
-0.96
-1.5
-4.73
-4.66
Operating Margin (%)
11,866
12,173
11,107
9,874
16,558
17,041
17,171
17,722
18,100
18,065
17,363
Depreciation Expense
4,213
4,632
10,931
10,633
46
59
7,175
8,016
8,136
7,411
7,863
Net Income, GAAP
19.66
9.97
18.9
16.8
- -
- -
19.09
15.38
23.07
32.92
31.78
Effective Tax Rate (%)
2.58
2.64
5.8
5.21
0.03
0.03
3.26
3.46
3.59
3.25
3.48
Profit Margin (%)
-68,277
-48,910
-27,054
-53,729
-21,872
-41,744
-31,957
-38,550
-54,943
-37,216
-33,366
Working Capital
13,670
14,525
7,885
9,592
81,058
78,817
89,032
84,662
73,296
56,978
57,441
LT Debt
59,009
66,638
67,327
37,519
55,715
59,081
64,885
70,260
72,381
69,287
73,811
Total Equity
- -
-0.48
-1.24
-1.62
- -
- -
-1.52
-0.9
-1.21
-3.64
-3.55
Return on Invested Capital (%)
- -
3.68
10.06
10.41
- -
- -
6.15
7.01
6.53
6.13
6.15
Return on Capital (%)
- -
15.18
29.14
35.14
0.28
0.4
43.47
36.84
30.42
25.16
24.55
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
65,799
49,761
52,871
LT Borrowings
28,781
25,384
25,348
LT Finance Leases
50,223
31,594
32,093
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,031
6,031
6,031
Market Capitalization
130,833
107,534
112,146

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
74,382
70,294
72,292
Cash, Cash Equivalents & STI
9,509
9,895
14,297
Accounts Receivable, Net
4,921
3,837
3,312
Inventories
46,643
43,455
42,571
Total Current Liabilities
122,030
107,510
105,658
Payables & Accruals
56,209
51,657
50,654
ST Debt
65,799
49,761
52,871
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.58%
-4.27%
Free Cash Flow
- -
112.13%
150.36%
Net Income, GAAP
- -
2,403.58%
-8.91%
Sales/Revenue/Turnover
- -
5.18%
0.73%
Total Cash Common Dividend
- -
21.15%
136.38%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
62,763
58,718
58,339
64,380
226,713
2025
61,021
58,280
58,212
47,384
228,377
2026
61,932
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.36
0.28
0.35
- -
1.35
2025
0.39
0.19
0.22
- -
1.23
2026
0.46
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.56
- -
- -
0.55
2025
- -
0.6
- -
- -
1.3
2026
- -
- -
- -
- -
- -
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Business
Central Retail Corporation Public Company Limited (CRC-R.BK) operates as a leading retail and wholesale conglomerate in Thailand and Southeast Asia, offering a diverse portfolio of department stores, specialty retail, and food services. The company retails fashion apparel, accessories, beauty products, and home furnishings through its flagship Central Department Stores and Robinson Lifestyle brands; provides supermarkets, hypermarkets, and food halls under Tops, GO Wholesale, and Thai President Food & Beverage brands; and operates consumer electronics outlets via Nguyen Kim in Vietnam. It also manages rental spaces in shopping centers, office buildings, and hotels, alongside wholesale distribution of groceries, fresh foods, and consumer goods. Founded in 1956 and headquartered in Bangkok, Thailand, Central Retail serves middle-to-upper income consumers across Thailand, Vietnam, and Italy, with key subsidiaries including Central Pattana Public Company Limited for property development and Central Restaurants Group for dining outlets. In recent developments, the company expanded its Vietnam operations through the 2023 acquisition of additional Big C stores and strengthened its Italian luxury retail presence via a strategic partnership with Rinascente department stores; it also launched new Tops Daily convenience formats and completed a major funding round in 2024 to support digital transformation and e-commerce growth.