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    Steel
G J Steel Public Company Limited

G J Steel Public Company Limited

GJS.BK
G J Steel Public Company LimitedTH flagStock Exchange of Thailand
0.13
THB
- -
- -
3.31BMarket Cap
G J Steel Public Company Limited
GJS.BK
(Stock Exchange of Thailand)

Recent

price

0.13

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
2.44
4.66
1.98
1
1.37
1.16
1.1
1.32
2.15
0.6
0.45
0.72
0.68
0.49
0.47
0.42
0.49
Revenue per Share
-0.59
-0.32
-0.51
-0.16
-0.04
-0.14
- -
0.09
-0.06
-0.06
-0.02
0.12
-0.12
-0.02
-0.04
-0.04
-0.03
Basic EPS, GAAP
0.02
0.02
-0.12
-0.15
0.04
- -
0.08
-0.11
0.05
0.01
-0.01
0.08
0.05
- -
-0.02
-0.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
2.04
2.89
2.37
5.45
5
4.86
4.86
6.55
5.36
1.05
0.86
0.99
0.86
0.84
0.8
0.76
0.76
Book Value per Share
2.17
3.06
2.55
1.41
1.27
1.13
1.13
1.22
0.95
0.61
0.5
0.62
0.5
0.48
0.44
0.39
0.39
Tangible Book Value per Share
6,203
3,990
3,990
9,792
10,585
10,585
10,585
11,519
13,928
21,623
25,487
25,487
25,487
25,487
25,487
25,487
25,487
Basic Weighted Avg Shares
15,158
18,607
7,903
9,777
14,513
12,260
11,669
15,178
29,910
12,923
11,379
18,407
17,403
12,482
11,926
10,750
12,591
Sales/Revenue/Turnover
-9.48
-3.91
-21.68
-16.39
-2.07
-6.82
1.53
1.17
-2.07
-10.28
-4.15
16.79
2.31
-4.85
-9.56
-11.39
-8.31
Operating Margin (%)
817
1,051
981
993
1,054
1,021
925
926
882
900
526
516
519
530
569
598
601
Depreciation Expense
-3,672
-1,292
-2,037
-1,599
-418
-1,515
-7
990
-836
-1,353
-605
3,178
-3,136
-492
-1,019
-1,029
-810
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-24.22
-6.94
-25.77
-16.35
-2.88
-12.35
-0.06
6.52
-2.79
-10.47
-5.32
17.27
-18.02
-3.94
-8.54
-9.57
-6.43
Profit Margin (%)
-7,290
-8,582
-8,109
-2,103
-4,022
-3,884
-3,545
672
89
844
320
2,998
3,995
4,076
3,417
2,610
2,590
Working Capital
- -
- -
1,357
916
- -
343
63
1,481
1,119
1,050
741
1
5
3
3
11
12
LT Debt
13,477
12,235
10,198
13,882
13,464
11,949
11,942
14,054
13,218
13,294
12,661
15,839
12,703
12,198
11,179
10,150
10,075
Total Equity
- -
- -
- -
- -
- -
- -
- -
1.24
- -
- -
- -
20.86
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
1.94
- -
- -
- -
13.75
- -
- -
- -
- -
- -
Return on Capital (%)
-25.29
-10.68
-19.41
-5.09
-0.79
-2.9
-0.01
1.56
-1.11
-2.78
-2.71
13.47
-13.29
-2.26
-4.85
-5.15
-4.09
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
4
5
LT Borrowings
- -
- -
- -
LT Finance Leases
12
11
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25,487
25,487
25,487
Market Capitalization
3,313
3,058
3,313

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,624
4,395
4,498
Cash, Cash Equivalents & STI
751
1,098
1,547
Accounts Receivable, Net
1
134
26
Inventories
2,610
2,953
2,743
Total Current Liabilities
925
1,785
1,908
Payables & Accruals
654
774
1,136
ST Debt
4
4
5
Deferred Revenue
207
953
752

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.87%
-3.25%
-9.2%
Free Cash Flow
-4,269.12%
-8,756.66%
1.93%
Net Income, GAAP
-1,526.36%
-159.98%
0.98%
Sales/Revenue/Turnover
6.73%
2.74%
-9.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,480
2,957
2,949
2,539
11,926
2025
2,287
2,941
2,658
2,864
10,750
2026
4,128
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-0.01
-0.01
- -
-0.04
2025
-0.01
-0.01
-0.01
- -
-0.04
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
G J Steel Public Company Limited G J Steel Public Company Limited (GJS.BK) manufactures and distributes hot-rolled coil steel products and downstream steel items in Thailand. The company produces hot rolled coil; tempered hot rolled coil; hot rolled pickled and oiled coil; and other value-added steel products including slit coils, cut-to-length sheets, and formed steel sections primarily serving steel pipe manufacturers, construction firms, and re-rollers for cold-rolled and galvanized products. It operates an electric arc furnace-based integrated steel mill, positioning it as one of Thailand's major scrap recyclers with low carbon emissions, and supplies materials mainly to domestic markets while expanding exports to Europe and ASEAN countries. Founded in January 1994 and headquartered at 88 Paso Tower, 24th Floor, Silom Road, Suriyawongse, Bangrak, Bangkok, Thailand, the company maintains production facilities in Chonburi spanning 800,000 square meters with approximately 680-815 employees. Formerly known as Nakornthai Strip Mill Public Company Limited, it changed its name to G J Steel Public Company Limited in June 2008 and lists on the Stock Exchange of Thailand. Nippon Steel Corporation, which acquired majority stakes in G J Steel (57.60% directly and indirectly) and related entity G Steel Public Company Limited (collectively G/GJ Steel) in March 2022, continues to bolster operations by deploying key personnel in production, sales, maintenance, and finance. In August 2024, G/GJ Steel committed to a 1.5 billion baht capital investment to install new skin pass equipment at G Steel for enhanced hot-rolled steel finishing and inspection, streamline scrap yard operations, and improve scrap management systems across both entities, aiming to boost quality, cost competitiveness, and profitability. These initiatives, funded partly through loans from Nippon Steel's Thai subsidiary, support expansion into high-strength structural steel and environmental certifications like carbon footprint verification from Thailand's Ministry of Natural Resources and Environment, alongside planned facility revamps over the next three years.