1. Thailand Stocks

  2. •

    Health services

  3. •

    Hospital/Nursing management
Wattana Karnpaet Public Company Limited

Wattana Karnpaet Public Company Limited

92.75
THB
-2.25
(-2.37%)
4.07EPS
19.80P/E
805.00MMarket 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
26.49
28.52
31.73
29.42
29.85
35.61
36.96
30.59
32.77
51.66
47.35
46.02
45.25
46.28
Basic EPS, GAAP
1.09
1.11
1.3
1.09
1.83
1.69
1.73
0.16
0.88
10.01
5.62
4.37
3.9
4.07
Free Cash Flow per Basic Share
-0.02
-0.6
1.99
1.97
-2.15
1.63
2.93
2.83
3.16
10.36
5.16
3.12
6.56
5.22
Dividend per Share
0.2
0.3
0.35
0.5
0.5
0.7
0.7
0.2
- -
0.35
3.98
2.29
1.79
1.52
Book Value per Share
30.29
30.94
31.89
32.48
33.78
34.92
35.69
36
36.87
46.63
48.24
50.31
52.35
52.5
Tangible Book Value per Share
30.2
30.7
31.12
31.79
33.17
34.36
35.21
35.61
36.53
46.36
48.06
50.2
52.27
52.43
Basic Weighted Avg Shares
10
10
10
10
10
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
265
285
317
294
299
356
370
306
328
517
474
460
453
463
Operating Margin (%)
7.58
7.39
6.75
6.26
8.9
7.01
6.68
1.86
4.23
24.84
15.67
12.63
11.17
10.7
Depreciation Expense
18
18
18
20
21
25
28
34
32
34
41
47
48
49
Net Income, GAAP
11
11
13
11
18
17
17
2
9
100
56
44
39
41
Effective Tax Rate (%)
23.95
22.61
26.18
24.94
21.16
21.4
19.84
8.51
15.38
20.12
20.6
21.44
20.04
19.67
Profit Margin (%)
4.11
3.89
4.1
3.7
6.13
4.74
4.69
0.53
2.67
19.37
11.87
9.49
8.63
8.78
Working Capital
-11
3
4
6
- -
-13
9
9
22
108
89
22
107
65
LT Debt
53
68
64
57
59
53
41
57
30
41
20
17
18
25
Total Equity
303
309
319
325
338
349
357
360
369
466
482
503
523
525
Return on Invested Capital (%)
2.96
2.88
3.25
3.5
5.33
4.87
4.9
1.21
2.61
21.24
11.2
8.63
7.47
7.33
Return on Capital (%)
4.16
4.25
3.98
3.47
5.18
4.73
4.77
1.19
2.6
21.33
11.34
8.69
7.47
7.7
Return on Common Equity (%)
3.66
3.63
4.14
3.38
5.52
4.92
4.91
0.46
2.4
23.97
11.85
8.86
7.6
7.92

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
18
2
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
963
1,255
805

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
178
137
133
Cash, Cash Equivalents & STI
136
93
92
Accounts Receivable, Net
27
22
22
Inventories
11
13
11
Total Current Liabilities
71
70
69
Payables & Accruals
53
59
57
ST Debt
9
1
1
Deferred Revenue
- -
1
1

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.3%
8.14%
4.05%
Free Cash Flow
-4.95%
52%
110.27%
Net Income, GAAP
135.77%
280.32%
-10.61%
Sales/Revenue/Turnover
5.2%
10.39%
-1.67%
Total Cash Common Dividend
- -
- -
-21.71%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
119
116
120
105
460
2025
104
110
129
109
453
2026
110
115
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.96
0.84
1.66
0.91
4.37
2025
0.55
1.04
1.88
0.43
3.9
2026
0.72
1.04
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.29
- -
- -
2.29
2025
- -
1.79
- -
- -
1.79
2026
- -
1.52
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sittichai Ungklomklearw
Full Time Employees
150
Sector
Health services
Industry
Hospital/Nursing management
Address
70/7-8 Suphakitjanya Road Udon Thani Thailand 41000
IPO Date
Aug 23, 1996
Website
wattanahospital.net
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Business
Wattana Karnpaet Public Company Limited engages in hospital operations and medical trading primarily in northeastern Thailand. The company operates North Eastern Wattana General Hospital, a 100-bed tertiary facility in Udon Thani offering diagnosis and treatment across medical subspecialties including rehabilitation, dentistry, ophthalmic services, x-rays, child development, pediatrics, neurological surgery, open-heart surgery (CAG+PCI), orthopedic surgery, general surgery, internal medicine, and emergency care; pediatric specialties such as allergy, infectious disease, respiratory, and endocrine; urology services including cystoscopy, circumcision, vasectomy, prostatic biopsy, lithotripsy, and transurethral resection; Nong Khai Wattana Hospital, a 100-bed facility providing similar community-focused healthcare; and Alliance International Medical Centre in Vientiane, Laos, delivering international-standard primary care supported by the Wattana group. Founded in 1985 and headquartered at 70/7-8 Suphakitjanya Road, Muang District, Udon Thani, the company targets medium- to high-income patients in Thailand and cross-border markets in Laos, with facilities accredited under Thailand's Hospital Accreditation program (Udon Thani since 2007, Nong Khai since 2016) and ISO 9001 standards. Recent developments include sustained financial growth with revenue of THB 460 million and net income of THB 43.67 million in the latest fiscal year, alongside management discussions on quarterly performance through Q1 2025 reflecting operational stability amid regional competition from facilities like Bangkok Udon and Aek Udon hospitals.