1. Thailand Stocks

  2. •

    Producer manufacturing

  3. •

    Building products
Alpha Divisions Public Company Limited

Alpha Divisions Public Company Limited

0.21
THB
+0.01
(+5.00%)
0.02EPS
13.60P/E
2.60BMarket 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
0.62
0.35
0.26
0.26
0.23
0.41
0.84
0.29
0.22
0.09
0.03
0.02
0.04
0.04
Basic EPS, GAAP
0.04
0.02
- -
- -
-0.03
-0.1
- -
0.03
- -
0.01
-0.04
0.04
0.03
0.02
Free Cash Flow per Basic Share
0.05
-0.06
-0.05
-0.01
- -
-0.2
0.01
0.11
0.03
-0.09
-0.12
0.03
0.03
-0.12
Dividend per Share
0.11
0.01
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.24
0.5
0.38
0.23
0.2
0.25
0.25
0.28
0.28
0.45
0.59
0.61
0.6
0.63
Tangible Book Value per Share
0.24
0.5
0.38
0.23
0.2
0.25
0.19
0.22
0.22
0.37
0.57
0.4
0.42
0.44
Basic Weighted Avg Shares
458
899
1,137
1,284
1,284
1,502
2,141
2,141
2,141
3,396
2,929
9,292
9,292
9,292
Sales/Revenue/Turnover
282
319
293
329
292
611
1,806
613
469
297
74
185
337
369
Operating Margin (%)
8.51
8.79
-1.23
1.77
-12.53
-22.21
-1.61
15.28
0.34
6.82
-103.88
-10.1
27.79
39.16
Depreciation Expense
6
6
8
9
9
9
7
6
11
14
17
46
85
85
Net Income, GAAP
16
22
-4
2
-32
-146
- -
58
-2
35
-107
331
318
191
Effective Tax Rate (%)
12
19.69
- -
34.49
- -
- -
- -
16.43
37.12
35.07
- -
5.8
6.39
13.42
Profit Margin (%)
5.75
6.9
-1.27
0.48
-11.07
-23.93
- -
9.53
-0.35
11.86
-144.45
178.84
94.57
51.82
Working Capital
147
150
164
146
107
469
613
545
601
1,122
5,277
3,895
3,899
4,056
LT Debt
8
- -
- -
4
3
2
150
1
45
114
71
250
204
1,426
Total Equity
187
244
272
263
232
471
577
666
671
1,557
5,693
5,693
5,634
5,907
Return on Invested Capital (%)
7.61
8.06
- -
0.46
- -
- -
- -
12.58
3.72
2.92
- -
6.19
5.79
3.32
Return on Capital (%)
9.26
9
- -
1.23
- -
- -
- -
4.05
-4.22
3.13
- -
5.92
5.74
3.2
Return on Common Equity (%)
11.99
10.19
-1.44
0.59
-13.06
-41.62
-0.01
11.66
-0.31
3.73
-3.1
5.93
5.66
3.35

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
111
134
135
LT Borrowings
170
173
1,390
LT Finance Leases
33
36
36
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,292
9,292
9,292
Market Capitalization
4,553
4,182
2,602

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,073
4,199
4,239
Cash, Cash Equivalents & STI
3,619
3,602
3,682
Accounts Receivable, Net
24
27
30
Inventories
- -
- -
- -
Total Current Liabilities
174
182
183
Payables & Accruals
54
38
36
ST Debt
111
134
135
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
52.32%
79.48%
-1.03%
Free Cash Flow
1,750.96%
-193.87%
-24.33%
Net Income, GAAP
-19,967.98%
-636.5%
-3.88%
Sales/Revenue/Turnover
33.7%
19.48%
81.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27
37
72
48
185
2025
49
59
130
98
337
2026
68
73
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
0.02
0.01
0.04
2025
- -
0.01
0.01
0.01
0.03
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Kampon Suangburanakul
Full Time Employees
35
Sector
Producer manufacturing
Industry
Building products
Address
Gaysorn Tower Building Bangkok BM Thailand 10330
IPO Date
Dec 23, 2013
Website
alphadivisions.com
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Business
Alpha Divisions Public Company Limited (ALPHAX.BK) operates diversified businesses centered on financial services and renewable energy production primarily in Thailand and Laos. The company provides hire purchase loans for motorcycles, used cars, gold, and agricultural machinery through its subsidiary Mahathuen Leasing Public Company Limited (MHTL); offers microfinance loans including car loans, motorcycle loans, land loans, and Lao government bond loans via Simoung Express Loan Non Deposits Taking Microfinance Institutions Sole Co., Ltd. (SML); and produces and distributes electricity from renewable sources through two hydropower plants in the Lao People's Democratic Republic—Nam Houng 1 Hydropower Co., Ltd. (NH1) and Namngiep 2C Hydropower Sole Co., Ltd. (NN2C)—with Électricité du Laos (EDL) as the primary customer. It also engages in trading crude palm oil for biodiesel and edible oil applications; consultation and property development through V Property Development Co., Ltd.; and manufacturing and distribution of precursor chemicals from hemp and cannabis via Alpha Biotech Co., Ltd.. Founded in 2003 and headquartered at Gaysorn Tower Building in Bangkok, Thailand, the company, formerly known as Ocean Commerce Public Company Limited, changed its name in January 2022 to reflect its restructured operations and listed on the Stock Exchange of Thailand in December 2013. Recent developments include continued emphasis on its core energy and financial segments as highlighted in its latest quarterly financial statements through September 2025, with ongoing operations in hydropower generation and expanded microfinance offerings in Laos.