Cho Thavee Public Co. Ltd.

Cho Thavee Public Co. Ltd.

0.02
THB
-0.01
(-33.33%)
-1.12EPS
22.99MMarket 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
16.22
25.36
17.15
13.48
17.8
25.07
15.47
6.3
3.67
4.04
2.12
0.51
0.23
0.14
Basic EPS, GAAP
0.9
1.65
0.54
-1.16
-0.22
0.5
0.67
-2.4
-4.34
-5.17
-3.27
-1.77
-1.5
-1.12
Free Cash Flow per Basic Share
-2.17
0.65
-4.53
0.8
-7.1
-11.12
3.86
-0.64
-0.96
0.88
0.77
-1.19
-0.04
-0.03
Dividend per Share
- -
0.18
0.74
0.07
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
11.5
14.69
16.1
10.53
10.24
12.42
13.39
12.97
8.98
5.93
1.54
-0.06
-1.49
-1.67
Tangible Book Value per Share
10.61
13.95
15.46
10.04
9.73
11.91
13.1
12.71
8.81
5.58
1.47
-0.07
-1.5
-1.69
Basic Weighted Avg Shares
54
60
67
79
89
90
99
100
109
124
175
488
740
774
Sales/Revenue/Turnover
870
1,513
1,143
1,058
1,586
2,267
1,525
627
402
502
372
249
169
106
Operating Margin (%)
9.6
9.76
5.21
-6.35
1.54
7.52
14.47
-15.03
-66.91
-84.91
-89.45
-130.98
-350.33
-508.31
Depreciation Expense
28
29
32
39
51
54
58
70
65
65
104
89
43
42
Net Income, GAAP
48
99
36
-91
-20
45
66
-239
-475
-643
-573
-862
-1,110
-866
Effective Tax Rate (%)
14.42
28.24
21.01
- -
- -
9.67
11.97
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
5.55
6.52
3.13
-8.63
-1.23
2.01
4.32
-38.05
-118.28
-128.02
-153.9
-346.51
-656.16
-817.21
Working Capital
122
251
-28
97
-445
-372
315
-353
-302
-636
-120
-994
-1,878
-1,997
LT Debt
6
7
44
332
21
237
843
336
562
366
1,047
333
324
324
Total Equity
498
636
697
681
662
889
958
937
881
870
310
-40
-1,142
-1,283
Return on Invested Capital (%)
6.35
10.89
2.92
- -
- -
7.08
6.32
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
9.37
12.55
4.81
- -
- -
7.95
6.3
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
15.94
17.38
5.36
-13.25
-2.9
5.86
7.13
-25.19
-52.28
-73.42
-97.13
- -
- -
- -

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,462
1,470
1,472
LT Borrowings
316
316
316
LT Finance Leases
8
7
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
766
766
766
Market Capitalization
54
46
23

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
332
340
335
Cash, Cash Equivalents & STI
8
5
5
Accounts Receivable, Net
75
73
72
Inventories
153
152
147
Total Current Liabilities
2,210
2,284
2,332
Payables & Accruals
635
662
708
ST Debt
1,462
1,470
1,472
Deferred Revenue
36
75
74

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
263.41%
519.87%
2,783.84%
Free Cash Flow
-216.8%
-148.2%
-95.38%
Net Income, GAAP
-98.22%
40.54%
28.84%
Sales/Revenue/Turnover
-10.82%
-20.41%
-31.96%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65
51
119
13
249
2025
51
56
27
35
169
2026
19
24
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.3
-0.37
-0.55
-0.45
-1.77
2025
-0.18
-0.36
-0.77
-0.18
-1.5
2026
-0.1
-0.08
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

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

Company Description

CEO
Suradech Taweesaengsakulthai
Full Time Employees
500
Sector
Consumer services
Industry
Other consumer services
Address
265 Moo 4 Khon Kaen Thailand 40000
IPO Date
May 1, 2013
Business
Cho Thavee Public Company Limited manufactures, assembles, sells, and services trailers, commercial vehicles, and specialized equipment primarily in Thailand, Korea, the United Arab Emirates, and internationally. The company offers a broad range of standard products including full trailer dumps, dry van trucks, mobile lab trucks, fiber refrigerator trucks, car carrier semi-trailers, 4-axle full trailers, 7-axle semi-trailers, dump trucks, 3-axle semi-trailers, and refrigerated fiberglass bodies; buses and CHO Smart Transit mass transportation systems with smart city buses; special products such as 3-axle drop bed semi-trailers, catering hi-loaders, maintenance platform trucks, X-lift mobile advertising products, 16-axle semi-trailers, 3-axle lowbed semi-trailers, ladder trucks, rail systems, fire rescue vehicles, armored vehicles, troop carriers, and battle ships; as well as project management and service management. Founded in 1994 and headquartered in Khon Kaen, Thailand, the company formerly known as Cho Thavee Dollasien Public Company Limited changed its name in May 2016 and operates in the farm and heavy construction machinery industry, targeting commercial, transportation, and defense sectors. In recent developments, Cho Thavee launched China-made ANKAI electric buses in January 2024 through an exclusive distributor agreement with Anhui Ankai Automobile Co., Ltd. via AVIC-INTL Project Engineering Co., Ltd., marking entry into electric vehicle offerings; issued new shares traded starting June 27, 2025 following capital increases; announced directorate and committee changes effective September 2024; and is pursuing debt restructuring, cost reductions, fundraising via rights offerings or private placements, and business turnaround plans including creditor negotiations and new revenue streams by Q3 2025 amid Q4 2024 net losses.