Premier Quality Starch Public Company Limited

Premier Quality Starch Public Company Limited

1.25
THB
0.00
(0.00%)
-0.19EPS
1.21BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.86
3.29
3.7
3.57
4.05
2.92
2.98
Basic EPS, GAAP
0.12
0.47
0.42
0.21
0.35
-0.12
-0.19
Free Cash Flow per Basic Share
0.05
0.33
0.34
-0.36
-0.47
-0.1
0.14
Dividend per Share
0.36
- -
0.41
0.15
0.13
0.13
0.03
Book Value per Share
0.92
1.39
1.5
3.04
3.25
3
2.97
Tangible Book Value per Share
0.92
1.38
1.49
3.02
3.22
2.98
2.95
Basic Weighted Avg Shares
670
670
670
651
670
670
670
Sales/Revenue/Turnover
1,249
2,203
2,481
2,325
2,711
1,953
1,997
Operating Margin (%)
8.19
16.98
13.66
6.7
10.18
-3.38
-5.2
Depreciation Expense
66
79
88
91
114
177
183
Net Income, GAAP
82
314
284
136
231
-79
-128
Effective Tax Rate (%)
2.04
3.09
6.3
1.89
3.48
- -
- -
Profit Margin (%)
6.57
14.24
11.43
5.84
8.53
-4.05
-6.4
Working Capital
-467
113
171
686
337
82
379
LT Debt
7
259
219
164
154
111
425
Total Equity
617
931
1,006
2,035
2,176
2,015
1,996
Return on Invested Capital (%)
- -
23.68
18.55
7.15
9.5
- -
- -
Return on Capital (%)
- -
23.76
18.65
7.17
9.48
- -
- -
Return on Common Equity (%)
- -
40.55
29.28
8.93
10.99
-3.78
-6.18

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
604
606
267
LT Borrowings
98
291
401
LT Finance Leases
13
26
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
670
670
670
Market Capitalization
985
1,065
1,206

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
747
985
690
Cash, Cash Equivalents & STI
299
288
393
Accounts Receivable, Net
243
288
68
Inventories
155
356
181
Total Current Liabilities
665
691
311
Payables & Accruals
50
58
40
ST Debt
604
606
267
Deferred Revenue
10
13
2

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
32.14%
-7.42%
Free Cash Flow
- -
68.91%
-78.86%
Net Income, GAAP
- -
31.34%
-134.18%
Sales/Revenue/Turnover
- -
14.27%
-27.93%
Total Cash Common Dividend
- -
- -
-0.76%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
831
440
770
669
2,711
2025
459
520
462
512
1,953
2026
630
392
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
- -
0.12
0.05
0.35
2025
0.08
-0.03
-0.12
-0.05
-0.12
2026
0.03
-0.06
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.08
0.05
- -
0.13
2025
- -
0.1
0.03
- -
0.13
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ratthawirun Chanchuengthaworn
Full Time Employees
235
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
185 Moo 14 Mukdahan MU Thailand 49000
IPO Date
Feb 15, 2023
Business
Premier Quality Starch Public Company Limited engages in the production and sale of native tapioca starch and modified starch products for food-grade and industrial-grade applications including paper, food processing, and other sectors; it also generates and distributes electricity from biogas derived from factory waste and rooftop solar power. The company, founded in 2005 and headquartered in Mukdahan, Thailand, operates production facilities in Mukdahan, Sakon Nakhon, and Kalasin provinces with total starch capacity exceeding 130,000 tons annually, serving domestic and international markets primarily in Asia such as China through export channels comprising about 74% of tapioca starch revenue. Products meet international standards including ISO9001:2015, ISO14001:2015, HACCP, GMP, Halal, and green industry certifications, with modified starch customized via proprietary formulas or client collaborations for enhanced viscosity, texture, stability, adhesion, and durability. Recent developments include the initial public offering in early 2023 to fund expansions reducing financial costs; launch of a new tapioca starch plant and modified starch plant in 2024 with production starting in Q2 generating revenue and increasing monthly depreciation by 6-6.5 million baht; a June 2025 joint investment with G & G 2015 Co., Ltd. to form a new venture; temporary suspension of Kalasin branch operations in 2025 with ongoing environmental compliance progress reported in November; and strategic enhancements in operational efficiency, farmer networks for cassava supply, and carbon footprint management across its bioenergy operations producing over 44,000 MWh annually.