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    Regulated Electric
Ratch Pathana Energy Public Company Limited

Ratch Pathana Energy Public Company Limited

SCG.BK
Ratch Pathana Energy Public Company LimitedTH flagStock Exchange of Thailand
2.86
THB
+0.04
- -
3.33BMarket Cap
Ratch Pathana Energy Public Company Limited
SCG.BK
(Stock Exchange of Thailand)

Recent

price

2.86

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
3.27
3.67
4.28
4.77
4.93
4.09
4.15
4.22
4.4
4.52
4.16
4.37
4.94
4.34
3.09
2.67
2.57
Revenue per Share
0.27
0.26
0.28
0.33
0.23
0.06
0.17
0.31
0.23
0.15
0.11
0.11
-0.2
0.08
-0.21
-0.15
-0.15
Basic EPS, GAAP
-0.19
0.11
-0.05
0.22
-0.14
0.25
-0.51
0.1
0.53
0.19
0.41
0.51
-0.79
-0.96
0.01
0.3
0.24
Free Cash Flow per Basic Share
0.17
0.18
0.15
0.18
0.2
0.18
0.1
0.14
0.15
0.12
0.06
0.06
0.06
0.05
0.05
0.05
0.05
Dividend per Share
1.89
1.87
2
2.15
2.18
2.07
2.24
2.31
2.38
2.37
2.42
2.65
1.94
1.96
1.71
1.51
1.47
Book Value per Share
2.2
2.3
2.45
2.61
2.61
2.48
2.55
2.73
2.8
2.84
2.86
3.98
3.05
3.08
2.83
2.63
2.59
Tangible Book Value per Share
955
955
955
955
955
955
955
955
955
955
955
966
1,164
1,164
1,164
1,164
1,174
Basic Weighted Avg Shares
3,128
3,510
4,088
4,557
4,708
3,910
3,965
4,027
4,199
4,320
3,971
4,220
5,744
5,048
3,591
3,106
3,011
Sales/Revenue/Turnover
13.32
11.67
10.06
11.11
9.23
3.48
10.69
12.69
9.54
7.03
6.24
1.94
-3.34
-1.13
-4.52
-2.31
-2.95
Operating Margin (%)
259
295
318
349
396
406
422
440
506
496
573
604
575
542
564
486
485
Depreciation Expense
259
251
271
315
220
62
165
299
215
139
106
102
-234
92
-242
-172
-178
Net Income, GAAP
4.36
3.19
2.35
11.87
24.73
54.94
27.27
17.39
2.78
12
- -
- -
- -
27.93
- -
- -
- -
Effective Tax Rate (%)
8.27
7.16
6.62
6.91
4.68
1.59
4.15
7.43
5.12
3.22
2.67
2.41
-4.07
1.83
-6.73
-5.53
-5.9
Profit Margin (%)
-270
129
-101
-47
-826
-818
39
-628
-740
-993
-1,348
-483
957
-570
-644
-433
-416
Working Capital
2,429
2,754
2,925
2,676
1,978
1,950
3,395
2,983
2,569
2,002
1,529
1,091
3,398
3,205
3,003
3,163
3,162
LT Debt
2,099
2,198
2,343
2,489
2,510
2,383
2,445
2,616
2,686
2,723
2,739
3,980
3,693
3,734
3,437
3,197
3,169
Total Equity
11.14
7.7
7.46
7.98
5.63
1.04
5.01
6.47
6.01
4.18
- -
- -
- -
-0.5
- -
- -
- -
Return on Invested Capital (%)
11.53
8.28
8.09
8.48
6.35
2.59
4.49
6.48
6.03
4.22
- -
- -
- -
2.73
- -
- -
- -
Return on Capital (%)
14.72
13.98
14.65
15.88
10.65
3.06
8.01
13.78
9.61
6.14
4.64
4.17
-9.71
4.07
-11.32
-9.19
-9.63
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,661
1,272
1,319
LT Borrowings
2,842
3,108
3,108
LT Finance Leases
57
55
54
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,164
1,164
1,164
Market Capitalization
2,932
2,551
2,700

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,200
1,122
1,118
Cash, Cash Equivalents & STI
407
382
407
Accounts Receivable, Net
384
757
357
Inventories
257
243
285
Total Current Liabilities
1,887
1,555
1,533
Payables & Accruals
212
271
202
ST Debt
1,661
1,272
1,319
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.85%
4.86%
-6.98%
Free Cash Flow
365.55%
724.09%
3,957.75%
Net Income, GAAP
-70.44%
-172.89%
-28.9%
Sales/Revenue/Turnover
-1.01%
-2.42%
-13.51%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,119
875
828
768
3,591
2025
778
862
750
716
3,106
2026
683
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
- -
-0.02
- -
-0.21
2025
-0.02
-0.06
-0.01
- -
-0.15
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
- -
- -
0.05
2025
- -
0.05
- -
- -
0.05
2026
- -
- -
- -
- -
- -
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Business
Ratch Pathana Energy Public Company Limited operates as a small power producer in Thailand, generating and distributing electricity and steam through cogeneration combined cycle technology at the Saha Group Industrial Park in Sriracha, Chonburi province; it supplies power to the Electricity Generating Authority of Thailand and steam to industrial customers in the park. The company offers conventional energy from a natural gas-fired plant with total installed capacity of 154.2 megawatts of electricity and 110 tons per hour of steam; renewable energy from biomass plants via subsidiaries Sahacogen Green Company Limited (9.6 megawatts electricity, 25 tons steam per hour in Lamphun) and Saha Green Forest Company Limited (7.5 megawatts electricity, 3 tons steam per hour in Kamphaengphet), as well as solar rooftop systems totaling around 10 megawatts across sites including Thai Samsung Electronics, Lion Corporation Thailand, Principal Healthcare hospitals, and others in Chonburi, Lamphun, Uttaradit, Sisaket, Sakon Nakhon, Uthai Thani, and Ubon Ratchathani; it also engages in related biomass production and purchase, plantation via forest nurseries, and bio-charcoal manufacturing from bamboo. Founded in 1996 and listed on the Stock Exchange of Thailand as SCG in 2002 with headquarters at 636 Moo 11 Sukaphiban 8 Road, Nongkham, Sriracha, Chonburi, the company is a subsidiary of Ratch Group Public Company Limited and primarily serves industrial parks and healthcare facilities across central, northern, and northeastern Thailand. Recent developments include the name change from Sahacogen (Chonburi) Public Company Limited effective April 19, 2024, coinciding with the commercial operation date of a new 79.5-megawatt SPP replacement power plant; a July 2025 partnership with Saha Group to launch floating solar projects alongside airport runways in four industrial parks; subsidiary Solarist group's selection in 2024 for five FiT solar farm projects totaling 298 megawatts with SCODs from 2026-2028; and ongoing solar rooftop expansions such as 5.15 megawatts to Thai Samsung Electronics and power purchase agreements with Saha Pathana Inter-Holding.