1. Thailand Stocks

  2. •

    Consumer non-durables

  3. •

    Beverages: non-alcoholic
Sappe Public Company Ltd

Sappe Public Company Ltd

30.50
THB
0.00
(0.00%)
2.31EPS
14.94P/E
10.00BMarket Cap
Nov 12Next 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
10.59
10.65
8.37
9
8.88
9.29
10.84
10.74
11.28
14.82
19.66
22.02
17.12
17.48
Basic EPS, GAAP
0.64
1.36
1
1.36
1.33
1.16
1.32
1.25
1.35
2.12
3.49
4.07
2.53
2.21
Free Cash Flow per Basic Share
0.17
0.78
-0.86
1.75
2.04
0.86
1.67
1.51
1.93
2.27
2.87
-0.36
0.95
2.38
Dividend per Share
0.5
1.04
0.31
0.42
0.54
0.69
0.66
0.83
1.02
1.1
1.65
2.18
2.26
1.74
Book Value per Share
1.8
4.95
5.67
6.64
7.45
7.98
8.7
9.11
9.49
10.57
12.39
14.27
14.31
13.78
Tangible Book Value per Share
1.73
4.87
5.49
6.45
7.26
7.81
8.21
8.64
9.05
10.15
11.99
13.8
13.73
13.2
Basic Weighted Avg Shares
225
264
300
302
303
304
304
304
305
308
308
308
307
306
Sales/Revenue/Turnover
2,382
2,817
2,514
2,712
2,687
2,827
3,299
3,268
3,444
4,566
6,053
6,775
5,253
5,354
Operating Margin (%)
7.81
15.43
14.84
25.35
25.64
22.89
21.99
13.84
8.05
10.89
20.03
19.03
15.77
13.71
Depreciation Expense
80
93
108
158
161
161
191
202
198
187
178
237
264
267
Net Income, GAAP
143
361
301
410
401
352
403
380
411
653
1,074
1,253
776
676
Effective Tax Rate (%)
24.47
20.64
20.69
19.61
20.46
19.59
19.89
19.91
20.53
19.81
20.73
19.05
16.9
17.65
Profit Margin (%)
6
12.81
11.96
15.12
14.93
12.44
12.22
11.63
11.93
14.3
17.75
18.49
14.78
12.63
Working Capital
-214
771
479
691
1,005
1,122
1,341
1,691
1,778
2,008
2,008
1,406
1,164
977
LT Debt
57
1
- -
- -
- -
- -
12
66
52
61
49
39
45
40
Total Equity
402
1,557
1,759
2,001
2,252
2,424
2,744
2,873
3,006
3,360
3,896
4,491
4,458
4,312
Return on Invested Capital (%)
16.03
29.5
16.39
20.69
25.31
21.99
15.89
13.66
13.94
19.83
28.56
29.17
17.4
16.06
Return on Capital (%)
19.55
28.97
19.44
22.43
18.86
15.02
15.54
13.11
13.65
20.05
29.7
29.17
16.63
14.93
Return on Common Equity (%)
36.43
38.2
18.85
22.11
18.82
15.01
15.88
14.03
14.47
21.19
30.36
30.51
17.79
16.24

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12
12
12
LT Borrowings
- -
- -
- -
LT Finance Leases
45
42
40
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
303
305
303
Market Capitalization
9,315
9,544
9,997

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,133
2,394
2,048
Cash, Cash Equivalents & STI
1,218
1,423
1,057
Accounts Receivable, Net
442
492
521
Inventories
317
296
277
Total Current Liabilities
970
1,027
1,071
Payables & Accruals
869
885
950
ST Debt
12
12
12
Deferred Revenue
- -
103
80

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.87%
9.38%
-0.73%
Free Cash Flow
-66.46%
-80.83%
-364.87%
Net Income, GAAP
14.1%
22.02%
-38.03%
Sales/Revenue/Turnover
8.79%
12%
-22.48%
Total Cash Common Dividend
23.4%
23.51%
3.42%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,836
1,996
1,566
1,377
6,775
2025
1,142
1,548
1,349
1,214
5,253
2026
1,292
1,500
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.14
1.33
0.97
0.61
4.07
2025
0.73
0.81
0.59
0.4
2.53
2026
0.59
0.62
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
2.17
- -
- -
2.18
2025
- -
2.25
- -
- -
2.26
2026
- -
1.75
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Piyajit Ruckariyapong
Full Time Employees
500
Sector
Consumer non-durables
Industry
Beverages: non-alcoholic
Address
9/3 Bangchan Industrial Estate Bangkok BM Thailand 10230
IPO Date
Jun 25, 2014
Website
sappe.com
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Business
Sappe Public Company Limited (SAPPE.BK) manufactures and distributes health and wellness beverages primarily in Thailand and Southeast Asia. The company produces a range of functional drinks including ready-to-drink fruit juices, energy drinks, collagen drinks under the Sappe brand, and herbal health beverages such as bird's nest drinks and essence tonics; it also offers beauty-focused products like glutathione drinks and slimming beverages, alongside private-label manufacturing services for other brands. Founded in 2006 and headquartered in Bangkok, Thailand, Sappe operates through subsidiaries focused on production, distribution, and international exports to markets including Vietnam, Cambodia, and Myanmar, targeting health-conscious consumers, supermarkets, convenience stores, and e-commerce platforms. In recent developments, the company expanded its production capacity with a new facility in 2024 to meet growing demand for functional beverages; it formed a strategic partnership with a major Japanese ingredient supplier in early 2025 for innovative collagen formulations; additionally, Sappe launched a new line of plant-based energy drinks in mid-2025, supporting its shift toward sustainable and vegan product segments.