1. Thailand Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Qualitech Public Company Limited.

Qualitech Public Company Limited.

1.75
THB
-0.08
(-4.37%)
-0.01EPS
147.85MMarket 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
4.14
5.16
5.16
4.52
3.91
3.71
4.77
4.28
3.95
4.62
4.34
4.29
3.79
3.67
Basic EPS, GAAP
0.87
1.08
1.05
0.45
0.27
0.1
0.52
0.32
0.07
0.18
-1.43
-0.1
0.03
-0.01
Free Cash Flow per Basic Share
0.59
0.6
0.98
0.03
0.69
0.06
0.05
0.49
0.49
0.27
-0.01
0.3
0.11
0.1
Dividend per Share
0.75
0.6
0.75
0.5
0.2
0.3
0.3
0.35
0.25
0.2
- -
- -
- -
- -
Book Value per Share
3.72
4.24
4.54
4.5
4.56
4.45
4.63
4.54
4.4
4.44
3
2.87
2.85
2.75
Tangible Book Value per Share
3.72
4.24
4.52
4.48
4.54
4.43
4.61
4.47
4.33
4.37
2.92
2.73
2.69
2.6
Basic Weighted Avg Shares
96
97
98
99
99
99
99
99
99
99
99
99
99
99
Sales/Revenue/Turnover
397
501
508
446
385
365
470
422
390
455
428
423
373
362
Operating Margin (%)
21.7
21.74
22.22
10.62
5.02
0.34
11.75
7.63
1.84
5.32
-33.3
-1.92
1.27
-0.2
Depreciation Expense
18
27
30
31
31
28
27
28
27
23
27
26
22
22
Net Income, GAAP
84
105
104
45
26
10
51
32
7
18
-141
-10
3
-1
Effective Tax Rate (%)
2.99
3.19
6.21
9.86
10.02
18.01
6.77
0.39
- -
7.17
- -
- -
- -
- -
Profit Margin (%)
21.03
20.94
20.41
10
6.85
2.75
10.83
7.55
1.7
3.92
-33.05
-2.43
0.87
-0.33
Working Capital
226
252
259
211
259
254
280
275
278
147
139
149
138
128
LT Debt
5
4
5
4
2
2
4
6
4
3
6
16
13
10
Total Equity
360
418
448
444
450
438
456
447
437
443
296
283
281
271
Return on Invested Capital (%)
24.13
27.33
24.47
10.23
3.98
2.03
11.85
7.26
- -
5.14
- -
- -
- -
- -
Return on Capital (%)
23.59
26.45
23.92
10.03
6.02
2.45
11.41
7.14
- -
4.08
- -
- -
- -
- -
Return on Common Equity (%)
23.99
27.07
24.02
10
5.91
2.26
11.38
7.04
1.5
4.1
-38.53
-3.55
1.15
-0.43

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6
6
6
LT Borrowings
- -
- -
- -
LT Finance Leases
13
12
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
99
99
99
Market Capitalization
158
157
148

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
183
178
163
Cash, Cash Equivalents & STI
59
62
66
Accounts Receivable, Net
70
46
47
Inventories
7
6
5
Total Current Liabilities
45
40
35
Payables & Accruals
31
25
20
ST Debt
6
6
6
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.93%
-7.84%
-0.77%
Free Cash Flow
34.27%
-529.32%
-61.84%
Net Income, GAAP
-81.44%
-204.96%
-131.63%
Sales/Revenue/Turnover
-2.23%
-1.92%
-11.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
100
113
113
97
423
2025
88
88
94
102
373
2026
94
71
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.04
-0.09
-0.04
-0.1
2025
-0.02
- -
-0.01
0.06
0.03
2026
0.01
-0.07
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Rinnattha Ek-Atsawapirom
Full Time Employees
535
Sector
Industrial services
Industry
Engineering & construction
Address
21/3 Banplong Road Rayong RY Thailand 21150
IPO Date
May 29, 2009
Website
qualitechplc.com
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Business
Qualitech Public Company Limited, a Thailand-based provider of safety engineering services, specializes in non-destructive testing, inspection, and certification for industrial equipment, welding, and metal works; risk-based inspection; mechanical and metallurgical testing including chemical composition analysis, metallography, corrosion, and failure analysis; asset integrity and plant inspection; maintenance and restoration services; and engineering advice as an independent third-party provider to ensure compliance with international standards and client requirements. The company offers conventional and advanced non-destructive testing methods such as radiography, ultrasonic, magnetic particle, dye penetrant, and other techniques for pressure vessels, industrial boilers, piping, steel structures, storage tanks, heat exchangers, air fin coolers, pipelines, and LPG transportation tanks; it also supplies materials and equipment for inspection engineering and generates electricity from solar or alternative energy sources. Founded in 1991 and headquartered in Rayong, Thailand, Qualitech operates domestically and internationally, primarily serving the energy sector including petrochemicals, oil and gas, power generation, metal manufacturing, fabrication, construction, tank, and terminal industries, with subsidiaries Qualitech Solution Energy Company Limited for renewable energy production and Duwell Intertrade Co., Ltd. Recent developments include receiving the 2024 Business Partner Recognition Award from Chevron Thailand Exploration and Production on February 5, 2025; completing the acquisition of a 49% stake in Property Aim Solutions Company Limited; and ongoing participation in ESG initiatives such as SET e-learning for sustainability knowledge and Thai-Austrian Tech Open House events.