1. Thailand Stocks

  2. •

    Producer manufacturing

  3. •

    Trucks/Construction/Farm machinery
Asian Marine Services Public Co., Ltd.

Asian Marine Services Public Co., Ltd.

1.45
THB
0.00
(0.00%)
0.16EPS
8.10P/E
335.78MMarket Cap
Asian Marine Services Public Co., Ltd.
SET:ASIMAR.R
(Stock Exchange of Thailand)

Recent

price

1.45

P/E

ratio

8.10

div

yld

8.27%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
2.12
2.16
2.31
2.72
2.29
2.93
2.32
2.68
2
1.67
1.86
1.98
2.88
2.15
4.03
3.56
3.2
Revenue per Share
0.03
0.21
0.24
0.25
0.16
0.35
0.19
0.32
0.1
- -
0.12
0.08
0.04
0.07
0.2
0.17
0.16
Basic EPS, GAAP
0.25
0.5
0.92
-0.86
0.21
0.53
-0.63
0.22
-0.21
0.11
0.28
0.2
-0.47
0.9
-0.35
0.63
0.6
Free Cash Flow per Basic Share
- -
- -
0.12
0.01
0.15
0.12
0.2
0.12
0.2
0.1
0.05
0.1
0.1
0.04
0.08
0.12
0.12
Dividend per Share
0.86
1.07
1.21
1.45
1.47
1.7
1.69
1.86
1.76
1.66
1.71
1.69
1.63
1.66
1.78
1.82
1.75
Book Value per Share
0.84
1.06
1.2
1.32
1.33
1.57
1.63
1.81
1.72
1.52
1.67
1.48
1.4
1.41
1.53
1.59
1.68
Tangible Book Value per Share
258
258
258
258
258
258
258
258
258
258
258
258
258
258
258
258
258
Basic Weighted Avg Shares
547
557
596
702
591
757
600
691
516
431
480
512
744
555
1,041
920
828
Sales/Revenue/Turnover
0.11
17.8
14.56
11.92
9.4
17.18
10.46
16.94
8
2.44
9.78
6.46
2.54
6.2
6.63
6.53
5.5
Operating Margin (%)
46
35
35
32
30
34
35
39
39
37
42
46
46
51
59
64
63
Depreciation Expense
8
55
62
66
41
90
48
82
26
1
31
22
10
18
51
43
41
Net Income, GAAP
- -
33.04
26.54
20.15
18.1
18.19
14.87
18.73
21.46
48.87
22.15
18.59
17.49
24.5
20.07
22.33
20.23
Effective Tax Rate (%)
1.53
9.93
10.33
9.34
6.86
11.91
8.07
11.8
5.05
0.23
6.38
4.21
1.28
3.17
4.89
4.68
5.01
Profit Margin (%)
-104
-80
-1
25
2
112
52
84
64
18
20
27
-4
-12
14
28
27
Working Capital
51
26
1
- -
- -
1
95
90
108
88
95
74
62
50
43
40
39
LT Debt
221
276
312
375
380
441
438
483
457
429
443
439
423
431
462
473
454
Total Equity
4.06
15.41
16.89
17.02
9.13
20.67
9.61
14.13
4.99
0.81
5.66
4.48
2.42
4.02
8.55
6.89
5.16
Return on Invested Capital (%)
4.06
15.24
16.46
16.82
9.66
19.87
9.65
13.94
4.84
0.78
5.54
4.36
2.33
3.78
8.12
6.65
6.29
Return on Capital (%)
3.86
22.24
20.93
19.1
10.75
22.01
11.05
17.79
5.56
0.23
7.04
4.9
2.22
4.13
11.44
9.26
9.21
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
156
170
154
LT Borrowings
- -
- -
- -
LT Finance Leases
40
39
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
258
258
258
Market Capitalization
395
382
336

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
376
347
320
Cash, Cash Equivalents & STI
118
104
74
Accounts Receivable, Net
34
82
51
Inventories
60
34
65
Total Current Liabilities
348
315
293
Payables & Accruals
70
66
78
ST Debt
156
170
154
Deferred Revenue
95
48
35

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.83%
1.35%
2.38%
Free Cash Flow
-160.79%
-214.81%
-280.96%
Net Income, GAAP
297.35%
34.61%
-15.3%
Sales/Revenue/Turnover
6.66%
20.52%
-11.6%
Total Cash Common Dividend
- -
- -
50.01%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
166
181
206
489
1,041
2025
217
247
253
203
920
2026
202
169
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.05
0.05
0.07
0.2
2025
0.02
0.05
0.08
0.01
0.17
2026
0.01
0.06
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.08
- -
- -
0.08
2025
- -
0.12
- -
- -
0.12
2026
- -
0.12
- -
- -
- -
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Business
Asian Marine Services Public Company Limited (ASIMAR.BK) provides shipbuilding, ship repair, ship conversion, offshore support, engineering, and steel fabrication services in Thailand. The company operates through three main segments--ship repairing, shipbuilding, and ship supply--offering general steel and metal repairs, external hull blasting and coating, tank blasting and coating, tailshaft and propeller maintenance, main and auxiliary engine overhauls, electrical wiring and switchboard services, pipework including hydraulic systems, pollution control, and environmental management; shipbuilding encompasses harbor tugs, diving support vessels, well stimulation supply vessels, fast patrol gun boats, tractor tugs, high-speed passenger catamarans, tankers, ropax ferries, buoy tender vessels, general cargo and container vessels, transshipment barges, barges and lighters, anti-pollution catamarans, anchor boats, floating offices, semi-submersible coral boats, weed harvesters, and fishing boats; ship conversion includes lengthening, double-hull conversions for tankers, multipurpose offshore support vessels, passenger vessels, reefer factory ships, and liveaboard boats; offshore support involves building and repairing topsides modules, living quarters, accommodation and utility modules, PSVs, AHTS vessels, and offshore barges for clients including PTTEP Thailand and Myanmar, CPOC Malaysia, and Chevron Thailand, alongside lay-up services for supporting vessels. Founded in 1981 and headquartered in Samut Prakan, Thailand, with additional facilities in Surathani, ASIMAR serves commercial, offshore, and government customers such as the Royal Thai Navy and Port Authority of Thailand, primarily in domestic markets with access to the Gulf of Thailand and South China Sea. Recent developments include the delivery of canal cleaning boats and electric passenger boats to the Department of Marine and Coastal Resources and Mine Mobility Research in 2020, adjustment and delivery of a Thai Customs patrol boat museum in 2021, partnerships with Sattahip Commercial Port and the Royal Thai Navy, launching of an oceanographic operations vessel, and delivery of a prototype multipurpose vessel in 2025 to enhance maritime security capabilities.