1. Thailand Stocks

  2. •

    Utilities

  3. •

    Electric utilities
CK Power Public Co. Ltd. NVDR

CK Power Public Co. Ltd. NVDR

2.36
THB
+0.04
(+1.72%)
0.39EPS
8.13P/E
19.35BMarket Cap
Nov 05Next Earn
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
1.12
1.27
1.02
0.86
0.93
1.23
1.09
0.82
1.08
1.34
1.27
1.26
1.24
1.16
Basic EPS, GAAP
0.04
0.09
0.06
0.01
0.02
0.08
0.1
0.05
0.27
0.3
0.18
0.17
0.34
0.29
Free Cash Flow per Basic Share
0.57
0.56
0.44
0.04
0.11
0.5
0.37
0.29
0.44
0.4
0.5
0.5
0.59
0.5
Dividend per Share
- -
- -
0.02
0.02
0.06
0.02
0.03
0.03
0.03
0.08
0.08
0.08
0.08
0.09
Book Value per Share
2.01
2.09
2.41
2.41
2.41
2.49
2.9
2.92
3.05
3.27
3.35
3.45
3.76
3.69
Tangible Book Value per Share
-0.14
0.03
0.87
0.94
1
1.15
1.75
1.84
2.04
2.31
2.46
2.62
3
2.95
Basic Weighted Avg Shares
5,019
5,500
6,612
7,370
7,370
7,370
7,717
8,129
8,129
8,129
8,129
8,129
8,129
8,129
Sales/Revenue/Turnover
5,612
6,999
6,757
6,319
6,879
9,070
8,377
6,695
8,798
10,904
10,286
10,212
10,107
9,440
Operating Margin (%)
34
29.19
26.56
21.8
24.06
27.08
16.21
4.14
20.27
11.94
15.19
22.54
23.01
19.83
Depreciation Expense
1,749
1,858
1,866
1,860
1,959
2,075
2,039
2,082
2,092
2,081
2,059
2,060
2,061
2,063
Net Income, GAAP
219
472
412
55
159
599
769
405
2,179
2,436
1,462
1,345
2,782
2,380
Effective Tax Rate (%)
0.31
0.03
0.04
6.57
5.04
3.18
1.12
- -
2.18
1.64
4.41
4.56
2.85
2.77
Profit Margin (%)
3.9
6.74
6.1
0.87
2.31
6.61
9.18
6.04
24.77
22.34
14.21
13.17
27.52
25.21
Working Capital
994
1,942
2,779
6,178
3,625
3,785
3,212
4,291
6,318
5,775
4,087
5,664
8,241
7,928
LT Debt
22,430
20,825
20,140
27,097
26,886
28,162
24,888
25,324
29,343
27,144
23,702
25,366
26,901
29,106
Total Equity
25,414
26,104
31,812
30,506
30,659
31,522
35,547
35,038
36,130
37,939
38,918
40,133
43,078
42,345
Return on Invested Capital (%)
4.03
4.16
3.5
2.29
2.67
3.95
2.9
- -
3.45
2.66
-3.13
3.98
3.8
3.03
Return on Capital (%)
2.48
2.6
2.24
1.75
2.06
1.5
2.58
- -
3.97
4.53
2.97
2.3
4.08
3.71
Return on Common Equity (%)
2.1
3.99
2.76
0.31
0.89
3.32
3.67
1.71
8.97
9.48
5.43
4.86
9.48
8.17

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,452
5,830
4,327
LT Borrowings
26,552
25,069
28,782
LT Finance Leases
350
334
324
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8,129
8,129
8,129
Market Capitalization
19,673
18,860
19,348

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
14,803
12,369
13,241
Cash, Cash Equivalents & STI
9,995
10,028
10,456
Accounts Receivable, Net
1,346
1,154
1,460
Inventories
68
67
69
Total Current Liabilities
6,562
6,935
5,313
Payables & Accruals
1,008
1,047
907
ST Debt
5,452
5,830
4,327
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.17%
4.23%
7.34%
Free Cash Flow
45.59%
17.08%
17.58%
Net Income, GAAP
86.91%
101.82%
106.9%
Sales/Revenue/Turnover
5.44%
9.59%
-1.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,348
2,472
2,758
2,634
10,212
2025
2,277
2,526
2,929
2,375
10,107
2026
1,859
2,278
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.01
0.15
0.07
0.17
2025
0.01
0.08
0.16
0.1
0.34
2026
0.02
0.01
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.08
- -
- -
0.08
2025
- -
0.08
- -
- -
0.08
2026
- -
0.09
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Thanawat Trivisvavet
Full Time Employees
261
Sector
Utilities
Industry
Electric utilities
Address
No. 587 Viriyathavorn Buildin Bangkok BM Thailand 10400
IPO Date
Jul 18, 2013
Website
ckpower.co.th
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Business
CK Power Public Company Limited CK Power Public Company Limited (CKP.BK), a Thailand-based holding company incorporated in 2011 and headquartered in Bangkok, invests in and operates electricity generation projects primarily through subsidiaries, focusing on renewable and thermal power sources sold in Thailand and Laos; its core offerings include hydroelectric power from plants such as Nam Ngum 2 and Xayaburi totaling around 3,360 megawatts capacity, solar power from 13 facilities aggregating 42 megawatts, cogeneration plants producing electricity and steam with 238 megawatts installed capacity, and related consulting, project management, and investment services for power generation. The company serves utilities, industrial customers, and regional grids across Southeast Asia, with 93% of its electricity output derived from renewable sources emphasizing sustainability and carbon reduction initiatives. In recent developments, CK Power expanded its renewable energy certificates (RECs) business in 2024 by integrating the Xayaburi run-of-river hydropower plant and partnering with Mekha V Company Limited, a PTT Public Company Limited subsidiary, via the ReAcc platform; it also launched new 13-megawatt solar projects in collaboration with Bangkok Expressway and Metro Public Company Limited, with initial operations slated for early 2025, alongside a 6-megawatt solar project under a Power Purchase Agreement with the Provincial Electricity Authority targeting 2027 commencement.