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Communication & System Solution Public Company Limited

Communication & System Solution Public Company Limited

CSS.BK
Communication & System Solution Public Company LimitedTH flagStock Exchange of Thailand
0.98
THB
-0.03
- -
1.15BMarket Cap
Communication & System Solution Public Company Limited
CSS.BK
(Stock Exchange of Thailand)

Recent

price

0.98

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
3.87
6.85
4.77
4.61
4.36
4.05
3.78
3.85
3.23
2.96
3.28
3.95
3.31
3.49
3.31
3.95
Revenue per Share
0.07
0.33
0.17
0.27
0.21
0.15
0.17
0.14
0.07
0.08
0.21
0.1
0.02
0.06
0.03
0.07
Basic EPS, GAAP
-0.1
0.03
0.06
0.3
0.33
-0.08
-0.09
0.39
0.17
0.24
-0.16
0.18
0.27
0.34
-0.17
0.23
Free Cash Flow per Basic Share
0.02
0.02
0.23
0.11
0.11
0.16
0.18
0.16
0.08
0.04
0.06
0.14
0.05
0.02
0.06
0.02
Dividend per Share
0.45
0.86
0.78
0.74
0.79
0.73
0.71
0.69
0.66
0.7
0.85
0.81
0.78
0.82
0.79
0.97
Book Value per Share
0.48
0.91
1.56
1.39
1.4
1.31
1.31
1.31
1.26
1.28
1.48
1.44
1.38
1.45
1.41
1.71
Tangible Book Value per Share
600
480
658
865
1,042
1,159
1,176
1,176
1,176
1,176
1,176
1,176
1,176
1,176
1,176
1,001
Basic Weighted Avg Shares
2,323
3,286
3,138
3,984
4,550
4,694
4,439
4,530
3,792
3,482
3,854
4,643
3,890
4,104
3,887
3,954
Sales/Revenue/Turnover
3.25
6.46
4.34
7.05
6.15
4.3
5.36
4.24
2.24
1.34
3.96
3.71
0.27
1.93
0.45
1.43
Operating Margin (%)
16
17
17
20
51
67
63
60
35
29
25
23
25
26
25
25
Depreciation Expense
40
158
110
235
219
170
204
170
80
93
246
115
20
76
37
71
Net Income, GAAP
39.08
24.43
19.9
21.34
22.04
17.58
20.18
20.55
22.4
15.35
20.08
26.31
66.39
30.07
36.05
23.09
Effective Tax Rate (%)
1.74
4.79
3.51
5.9
4.82
3.61
4.59
3.76
2.1
2.66
6.39
2.48
0.52
1.84
0.94
1.8
Profit Margin (%)
46
144
635
753
955
1,010
992
749
707
700
1,060
1,077
1,029
1,120
1,112
1,153
Working Capital
18
19
102
87
121
85
58
29
13
13
9
6
5
6
8
8
LT Debt
290
436
1,028
1,202
1,689
1,729
1,717
1,697
1,643
1,666
1,902
1,849
1,785
1,817
1,746
1,801
Total Equity
- -
21.48
11.64
18.94
13.61
8.57
9.35
7.43
3.07
1.95
6.61
6.67
0.19
3.23
0.65
2.47
Return on Invested Capital (%)
- -
22.63
16.73
34.42
22.5
14.62
17.14
13.83
6.15
7.45
21.65
9.9
3.05
7.78
4.4
7
Return on Capital (%)
- -
46.13
23.89
41
30.02
20.3
24.28
20.63
9.99
11.58
26.98
11.78
2.17
8.07
3.87
7.32
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
73
64
65
LT Borrowings
- -
- -
- -
LT Finance Leases
9
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,176
1,176
1,176
Market Capitalization
797
748
771

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,186
2,306
2,688
Cash, Cash Equivalents & STI
566
714
839
Accounts Receivable, Net
799
914
1,105
Inventories
447
352
349
Total Current Liabilities
1,119
1,194
1,536
Payables & Accruals
1,003
1,093
1,415
ST Debt
73
64
65
Deferred Revenue
26
19
43

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.45%
1.16%
-3.89%
Free Cash Flow
-108.78%
-90.4%
-150.9%
Net Income, GAAP
19.64%
50.43%
-51.6%
Sales/Revenue/Turnover
-0.95%
3.04%
-5.28%
Total Cash Common Dividend
22.35%
51.81%
200%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
798
1,001
1,228
1,076
4,104
2025
1,098
943
880
966
3,887
2026
1,165
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.03
0.05
- -
0.06
2025
0.01
0.01
0.01
- -
0.03
2026
0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
0.03
- -
0.06
2026
- -
- -
- -
- -
- -
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Business
Communication & System Solution Public Company Limited (CSS.BK) is a Thailand-based distributor and installer of electrical systems equipment, passive fire protection materials, and related engineering solutions. Founded in 1994 and headquartered in Nonthaburi, Thailand, the company operates through two primary segments: Distribution of Electrical Equipment and Installation Services; it supplies electronic cables, electrical wires, lamps and lighting equipment, conduits, installation accessories, electrical control systems, transformers, and fire barrier systems such as those from 3M, while also designing and installing telecommunications networks, fire protection systems, electric vehicle charger stations, solar cell systems, and information technology solutions including network infrastructure, transmission, security, and application software for government sectors like military, police, and enterprises. CSS conducts its operations primarily within Thailand, serving buildings, factories, and infrastructure projects with products sourced from leading international manufacturers. The company listed on the Stock Exchange of Thailand in September 2013, increasing its paid-up capital to 350 million baht at that time and further to approximately 588 million baht with 1.18 billion ordinary shares outstanding as of the latest updates. Recent developments include ongoing expansion into IT services for government clients and sustained revenue contributions from installation activities, which accounted for around 24-29% of total revenue in recent historical periods, alongside its core distribution of fire protection and electrical products amid Thailand's infrastructure growth.