1. Thailand Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
Newcity (Bangkok) Public Company Limited

Newcity (Bangkok) Public Company Limited

NC.BK
Newcity (Bangkok) Public Company LimitedTH flagStock Exchange of Thailand
1.90
THB
+0.26
- -
289.75MMarket Cap
Newcity (Bangkok) Public Company Limited
NC.BK
(Stock Exchange of Thailand)

Recent

price

1.90

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
3.69
4.01
4.38
4.42
4.14
4.12
4.31
4.2
4.37
4.18
2.98
2.56
3.44
3.44
3.3
3.27
3.16
Revenue per Share
0.31
0.26
0.31
0.24
0.19
0.07
0.1
0.1
0.13
0.05
-0.24
-0.15
0.06
0.14
0.08
0.01
0.02
Basic EPS, GAAP
0.32
0.1
0.07
0.27
0.05
0.11
0.06
-0.11
0.04
-0.41
-0.2
-0.1
0.16
0.11
0.19
-0.2
-0.22
Free Cash Flow per Basic Share
0.03
0.07
0.07
0.07
0.04
0.04
0.02
0.02
0.03
0.03
0.01
- -
- -
0.01
0.02
0.01
- -
Dividend per Share
1.18
1.44
1.66
1.82
1.95
1.98
2.06
2.1
2.2
2.22
2.06
1.9
1.96
2.11
2.18
2.17
2.17
Book Value per Share
1.53
1.83
2.17
2.25
2.3
2.36
2.55
2.86
2.87
2.92
2.83
2.97
2.97
3.09
3.13
3.15
3.17
Tangible Book Value per Share
153
153
153
153
153
153
153
153
153
153
153
153
153
153
153
151
152
Basic Weighted Avg Shares
563
612
668
674
631
629
658
641
666
637
455
390
524
525
503
495
479
Sales/Revenue/Turnover
5.7
7.52
6.44
3.99
3.55
1.04
0.5
0.62
1.01
0.16
-8.26
-10.29
1.33
4.25
2.01
-0.81
-1.42
Operating Margin (%)
6
5
4
5
6
6
6
6
6
6
8
6
5
5
4
7
9
Depreciation Expense
47
40
47
37
29
11
15
15
19
8
-36
-23
9
21
12
2
3
Net Income, GAAP
15.01
30.33
19.83
12.15
16.39
10.01
9.97
3.08
7.49
2
- -
- -
- -
7.83
- -
66.32
57.56
Effective Tax Rate (%)
8.4
6.5
7.08
5.46
4.56
1.72
2.21
2.38
2.87
1.3
-7.91
-5.96
1.77
3.95
2.45
0.43
0.64
Profit Margin (%)
75
106
132
163
191
197
201
201
214
226
187
158
170
195
208
204
204
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
1
- -
- -
- -
6
5
LT Debt
244
289
355
352
375
366
394
441
447
450
436
456
455
473
479
479
483
Total Equity
6.95
7.56
7.3
4.88
4
1.27
0.63
0.76
1.15
0.18
- -
- -
- -
3.16
- -
-0.21
-0.44
Return on Invested Capital (%)
17.91
12.5
13.84
10.59
8.22
3.4
4.23
4.4
4.99
2.81
- -
- -
- -
5.19
- -
0.75
0.99
Return on Capital (%)
38.08
19.87
20
13.87
10.02
3.6
4.72
4.8
5.81
2.47
-11.03
-7.71
3.15
6.69
3.77
0.65
0.92
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
176
175
175
LT Borrowings
- -
- -
- -
LT Finance Leases
5
6
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
152
152
152
Market Capitalization
341
323
284

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
496
472
445
Cash, Cash Equivalents & STI
53
26
39
Accounts Receivable, Net
73
85
68
Inventories
357
346
325
Total Current Liabilities
293
267
241
Payables & Accruals
113
84
62
ST Debt
176
175
175
Deferred Revenue
- -
4
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.8%
1.92%
-0.01%
Free Cash Flow
-206.96%
-96.35%
-208.5%
Net Income, GAAP
-69.9%
-34.84%
-82.62%
Sales/Revenue/Turnover
-1.25%
2.9%
-1.6%
Total Cash Common Dividend
- -
- -
-50%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
133
111
124
135
503
2025
132
118
112
134
495
2026
116
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
-0.01
-0.01
- -
0.08
2025
- -
0.03
-0.02
- -
0.01
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
0.01
2026
- -
- -
- -
- -
- -
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Business
Newcity (Bangkok) Public Company Limited, founded in 1964 and headquartered in Bangkok, Thailand, engages in the manufacturing and distribution of fashion and personal care products. The company operates primarily in the textiles and cosmetics segments, offering a diverse range of core products including hosiery such as pantyhose and legwear under the Cherilon and GOLDENLEGS brands; innerwear and nightwear marketed under the Kara and CHERILON INTIMATE brands; exercise and ballet apparel through CHERILON-EX and DANS MATE; and casual fashion items including shirts and trousers branded Cherilon Basic and Cherilon Leggings. Additionally, Newcity distributes cosmetics and personal care products under the Scruples brand. The company sells its products through wholesalers, retailers, and direct mail channels, with operations concentrated in Thailand and an expanding export market. Recent strategic developments include an increased focus on product diversification and market expansion to address shifting consumer demands. In the past 1-2 years, Newcity has enhanced its production capabilities by leveraging its own manufacturing facilities, reinforcing sustainability and quality innovation. The company has also pursued growth through higher export volumes, particularly in personal care products. Notably, it maintains a close affiliation with Saha Pathanapibul Public Company Limited, supporting distribution and expansion efforts. Newcity emphasizes corporate governance and sustainability, reflected in its participation in Thailand’s Private Sector Collective Action Coalition Against Corruption program, positioning itself for long-term sustainable growth within the fashion and cosmetics industry in Southeast Asia.