1. Thailand Stocks

  2. •

    Consumer non-durables

  3. •

    Beverages: non-alcoholic
Haad Thip Public Co. Ltd.

Haad Thip Public Co. Ltd.

15.30
THB
+0.30
(+2.00%)
1.35EPS
11.60P/E
6.31BMarket Cap
Nov 12Next Earn
Haad Thip Public Co. Ltd.
SET:HTC
(Stock Exchange of Thailand)

Recent

price

15.30

P/E

ratio

11.60

div

yld

6.47%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
8.76
9.92
11.79
12.03
13.06
13.34
14.32
14.23
14.32
16.99
15.99
16.22
25.95
19.42
20.23
20.55
21.59
Revenue per Share
0.19
0.11
0.32
0.47
0.29
0.25
0.61
0.71
0.63
1.11
1.41
1.33
1.64
1.49
1.5
1.41
1.35
Basic EPS, GAAP
0.52
-0.17
-0.65
-1.46
0.46
0.35
- -
1.24
0.73
1.3
1.87
1.28
0.7
0.95
0.31
0.6
1.37
Free Cash Flow per Basic Share
0.06
0.11
0.05
0.15
0.2
0.15
0.28
0.37
0.5
0.6
0.88
0.97
1.15
0.96
1.04
1.02
0.99
Dividend per Share
3.14
3.22
3.58
3.75
3.84
5.9
6.21
6.69
6.81
7.25
8.59
8.98
9.34
9.78
10.26
10.55
10.76
Book Value per Share
3.14
3.17
3.54
3.72
3.81
5.85
6.16
6.64
6.65
7.12
8.46
8.84
9.24
9.66
10.17
10.44
10.64
Tangible Book Value per Share
368
368
368
392
398
398
398
398
398
399
402
402
265
402
402
402
402
Basic Weighted Avg Shares
3,229
3,655
4,345
4,708
5,205
5,316
5,704
5,671
5,704
6,776
6,425
6,518
6,874
7,806
8,130
8,258
8,676
Sales/Revenue/Turnover
-6.29
-7.27
-4.06
-5.07
2.55
1.61
4.88
5.64
5.26
7.37
10.1
9.84
8.73
9.64
9.33
9.09
8.02
Operating Margin (%)
125
133
142
158
198
200
236
267
288
297
318
328
334
355
404
475
483
Depreciation Expense
70
40
118
183
115
101
241
283
249
441
566
535
435
599
602
568
544
Net Income, GAAP
21.13
28.96
18.43
13.79
- -
4.39
2.93
5.77
7.63
7.62
10.66
15.18
16.08
16.46
19.72
18.72
18.81
Effective Tax Rate (%)
2.17
1.09
2.72
3.88
2.21
1.9
4.23
5
4.37
6.5
8.81
8.21
6.33
7.67
7.4
6.88
6.27
Profit Margin (%)
-5
-40
-27
126
165
141
53
-71
-116
117
221
280
61
-106
-422
-22
-7
Working Capital
60
89
333
549
528
696
797
488
488
366
268
222
316
501
771
1,198
1,159
LT Debt
1,158
1,185
1,189
1,495
1,530
2,350
2,473
2,665
2,712
2,915
3,454
3,614
3,753
3,929
4,123
4,242
4,325
Total Equity
6.41
3.43
7.59
9.11
- -
3.57
7.09
8.57
7.88
12.98
15.45
13.49
11.74
13.8
12.44
10.84
10.2
Return on Invested Capital (%)
6.11
3.45
8.12
9.86
- -
4.59
8.26
9.12
7.91
13.05
15.66
13.8
10.57
13.53
12.61
10.99
10.31
Return on Capital (%)
6.5
3.39
9.96
13.62
7.62
5.2
10
11.03
9.26
15.66
17.79
15.17
11.82
15.59
14.95
13.59
12.74
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
304
131
182
LT Borrowings
1,063
1,049
1,037
LT Finance Leases
135
123
121
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
402
402
402
Market Capitalization
5,989
6,190
6,310

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,636
1,817
1,302
Cash, Cash Equivalents & STI
234
393
100
Accounts Receivable, Net
786
813
555
Inventories
440
476
483
Total Current Liabilities
1,657
1,622
1,309
Payables & Accruals
1,286
1,491
1,127
ST Debt
304
131
182
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.17%
4.2%
2.9%
Free Cash Flow
-2,662.84%
7.34%
95.69%
Net Income, GAAP
25.82%
1.67%
-5.56%
Sales/Revenue/Turnover
4.71%
5.24%
1.58%
Total Cash Common Dividend
24.29%
4.38%
-1.92%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,129
2,219
1,873
1,908
8,130
2025
2,100
1,938
2,042
2,178
8,258
2026
2,349
2,106
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.46
0.4
0.32
0.32
1.5
2025
0.45
0.35
0.33
0.28
1.41
2026
0.49
0.25
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.56
0.48
- -
1.04
2025
- -
0.57
0.45
- -
1.02
2026
- -
0.54
- -
- -
- -
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Business
Haad Thip Public Company Limited serves as a key manufacturer and distributor of popular beverage brands, holding the exclusive franchise for Coca-Cola products across Thailand's 14 southern provinces. Its extensive portfolio encompasses a range of sparkling drinks, including Coca-Cola, Fanta, Sprite, along with various zero-sugar alternatives. The company also offers a selection of still beverages, such as Minute Maid juices and Namthip drinking water. Beyond its core beverage operations, Haad Thip is actively involved in the production of plastic and glass bottles, providing blowing services for plastic containers. The enterprise further diversifies its activities into food manufacturing and distribution, the restaurant sector, and real estate development. Headquartered in Songkhla, Thailand, the company consistently maintains a dominant market share in the non-alcoholic ready-to-drink and sparkling soft drink segments within its operational region. Recent strategic initiatives include investments in a state-of-the-art glass bottle production line in late 2024 and expanding its zero-sugar beverage offerings, underscoring a commitment to sustainability and market responsiveness.