Krungthai Card Public Company Limited

Krungthai Card Public Company Limited

KGTHY
Krungthai Card Public Company LimitedUS flagOther OTC
9.00
USD
- -
- -
2.32BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
38.91
41.91
46.16
53.13
58.34
63.22
68.12
68.6
65
71.55
79.39
83.41
85.24
85.61
Basic EPS, GAAP
4.97
6.81
8.04
9.68
12.82
19.93
21.42
20.68
22.8
27.5
28.3
28.8
30.2
31.33
Free Cash Flow per Basic Share
-2.58
-9.79
-9.84
-19.23
-2.97
6.56
-10.53
19.9
31.44
-17.51
6.85
22.14
35.41
28.42
Dividend per Share
0.4
2
2.75
3.25
4
5.3
8.2
8.8
8.8
10.01
11.5
12.68
13.21
- -
Book Value per Share
15.43
20.24
25.53
31.7
40.44
55.08
68.1
80.09
94.1
111.78
128.41
144.2
161.36
169.4
Tangible Book Value per Share
22.04
26.62
31.91
38.09
46.8
61.46
74.68
91.63
103.3
120.78
137.55
153.11
169.36
177.39
Basic Weighted Avg Shares
258
258
258
258
258
258
258
258
258
257
258
258
258
258
Sales/Revenue/Turnover
10,032
10,806
11,901
13,700
15,042
16,300
17,563
17,688
16,760
18,418
20,466
21,540
21,964
22,110
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
271
279
268
299
350
352
339
530
594
549
535
526
502
498
Net Income, GAAP
1,283
1,755
2,073
2,495
3,304
5,140
5,524
5,333
5,879
7,079
7,295
7,437
7,782
8,092
Effective Tax Rate (%)
21.73
20.46
20.76
20.19
19.93
19.9
19.99
19.94
20.22
20.49
20.05
20.26
27.7
26.67
Profit Margin (%)
12.78
16.24
17.42
18.21
21.97
31.53
31.45
30.15
35.08
38.44
35.65
34.53
35.43
36.6
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
28,200
25,680
29,223
41,423
43,355
45,335
46,165
43,743
43,925
45,632
52,748
50,493
42,176
40,670
Total Equity
6,128
7,368
8,733
10,322
12,577
16,352
19,735
24,112
27,084
31,576
35,845
39,900
44,019
46,192
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.02
3.89
4.21
4.5
5.37
7.78
7.7
6.58
7.42
8.35
7.68
7.49
8.07
8.68
Return on Common Equity (%)
37.45
38.16
35.13
33.81
35.53
41.74
34.79
27.92
26.18
26.7
23.58
21.15
19.75
19.54

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9,473
14,964
10,848
LT Borrowings
46,094
42,112
40,630
LT Finance Leases
88
63
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,578
2,578
2,578
Market Capitalization
76,968
63,297
75,489

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
2,580
3,473
2,715
Accounts Receivable, Net
707
842
736
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
4,102
5,212
4,687
ST Debt
9,473
14,964
10,848
Deferred Revenue
3,013
3,527
3,097

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.7%
12.81%
10.32%
Free Cash Flow
-81.34%
9.29%
59.58%
Net Income, GAAP
15.27%
8.06%
4.63%
Sales/Revenue/Turnover
6.47%
4.6%
1.97%
Total Cash Common Dividend
17.89%
8.6%
3.94%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,271
5,318
5,407
5,544
21,540
2025
5,395
5,388
5,469
5,712
21,964
2026
5,542
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7
7.1
7.4
- -
28.8
2025
7.2
7.3
7.6
- -
30.2
2026
8.4
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
12.68
2025
- -
- -
- -
- -
13.21
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Pittaya Vorapanyasakul
Full Time Employees
1,649
Sector
Financial Services
Industry
Financial - Credit Services
Address
United Business Center II Building Bangkok Thailand 10110
IPO Date
Oct 4, 2019
Website
ktc.co.th
Business
Krungthai Card Public Company Limited (KTC) operates as a Thailand-based financial services provider primarily engaged in credit card issuance and related businesses, personal loans, merchant acquiring, and payment services. The company offers a diverse portfolio of products including generic credit cards, co-branded cards, affinity credit cards, government services credit cards, and corporate credit cards; personal loans under supervision, auto title loans such as KTC P BERM Car for Cash, non-life and life insurance brokerage, nano finance under supervision, electronic money services, hire purchase, and leasing; as well as utilities payment services and occupational and provincial retail lending. KTC serves approximately 3.6 million accounts, including 2.9 million credit card accounts and 704,536 personal loan accounts, primarily targeting retail consumers and merchants across Thailand through 9 KTC TOUCH service points concentrated in Bangkok, metropolitan areas, and Chiang Mai. Founded in 1996 and listed on the Stock Exchange of Thailand in 2002, KTC maintains its headquarters at Floor 14, United Business Center 2 Building, 591 Sukhumwit Road, North Klongtan, Watthana, Bangkok, Thailand. Krungthai Bank Public Company Limited holds the largest stake at 49.29%, supporting KTC's operations within the broader financial group. In recent developments, KTC executed strategic portfolio management amid economic challenges, achieving 1.2% year-over-year growth in total loan receivables to THB 107.1 billion as of June 2025, driven by expansions in credit cards (1.0%) and personal loans (4.0%), while contracting leasing activities following discontinuation of new disbursements in August 2023. The company diversified its shareholding structure through significant Big Lot transactions in late June 2025, totaling over 372 million shares (14.46% of capital), boosting institutional investor participation from domestic and international entities and reflecting heightened confidence in its fundamentals. KTC advanced its digital transformation with innovations like digital credit cards featuring Dynamic CVV, fully digital application processes via e-Application and Agent App, and the KTC Mobile app as a lifestyle hub, earning the Thailand Corporate Excellence Award for Marketing Excellence for the second consecutive year in 2025.