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  3. •

    Marine shipping
Sea Oil Public Co. Ltd. NVDR

Sea Oil Public Co. Ltd. NVDR

3.60
THB
-0.02
(-0.55%)
0.44EPS
7.00P/E
2.29BMarket 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
10.37
7.63
5.26
7.05
5.36
6.46
8.68
7.14
15.31
29.36
18.71
23.68
26.75
33.15
Basic EPS, GAAP
0.31
0.21
0.01
-0.04
-0.15
- -
0.08
0.02
0.31
0.6
0.47
0.48
0.36
0.44
Free Cash Flow per Basic Share
-0.22
-0.05
0.34
-0.04
0.02
-0.1
0.14
0.08
-0.1
-0.15
0.49
0.23
0.23
-0.52
Dividend per Share
0.25
0.01
0.01
0.01
0.04
- -
- -
0.01
0.01
0.01
0.01
0.3
0.2
0.18
Book Value per Share
0.93
2.12
1.84
1.86
1.83
1.82
1.72
1.9
2.23
2.84
3.3
3.48
3.61
3.82
Tangible Book Value per Share
0.93
2.12
1.83
1.86
1.82
1.82
1.71
1.9
2.22
2.83
3.28
3.46
3.6
3.81
Basic Weighted Avg Shares
262
403
526
546
712
739
739
739
739
739
739
739
739
739
Sales/Revenue/Turnover
2,716
3,072
2,769
3,855
3,816
4,777
6,416
5,275
11,311
21,694
13,828
17,499
19,772
24,505
Operating Margin (%)
3.72
3.34
3.09
2.97
0.34
0.56
-0.36
-1.14
-0.07
0.1
0.85
0.89
0.73
1.04
Depreciation Expense
1
2
2
21
20
21
41
50
45
27
57
43
43
39
Net Income, GAAP
81
85
7
-24
-105
-1
61
18
231
441
347
357
263
327
Effective Tax Rate (%)
18.6
19.97
74.16
152.36
- -
35.81
21.32
66.69
2.32
3.33
4.29
5.13
14.27
15.56
Profit Margin (%)
2.96
2.78
0.23
-0.62
-2.74
-0.02
0.95
0.35
2.04
2.03
2.51
2.04
1.33
1.34
Working Capital
445
1,053
645
-434
-40
-33
-240
185
371
972
1,259
1,486
1,690
1,799
LT Debt
- -
- -
1,295
196
506
596
279
198
33
22
18
21
22
16
Total Equity
472
1,078
1,141
1,265
1,353
1,354
1,412
1,421
1,677
2,121
2,436
2,572
2,671
2,824
Return on Invested Capital (%)
20.71
10.56
0.36
0.2
- -
3.84
-0.69
-0.13
-0.22
0.48
3.97
4.95
4.52
6.86
Return on Capital (%)
21.87
10.81
1.08
-3.18
- -
1.22
3.43
0.7
12.27
20.03
14.87
14.09
10
11.57
Return on Common Equity (%)
23.11
11.02
0.6
-2.16
-8.37
-0.06
4.44
1.32
15.14
23.53
15.3
14.27
10.04
12.01

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20
151
172
LT Borrowings
- -
- -
- -
LT Finance Leases
22
19
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
739
739
739
Market Capitalization
2,202
2,527
2,291

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,187
3,680
4,115
Cash, Cash Equivalents & STI
1,390
1,068
1,050
Accounts Receivable, Net
1,662
2,367
2,843
Inventories
7
38
24
Total Current Liabilities
1,497
1,914
2,317
Payables & Accruals
1,467
1,751
2,137
ST Debt
20
151
172
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.17%
13.76%
3.84%
Free Cash Flow
-177.56%
-130.79%
0.59%
Net Income, GAAP
-726.73%
239.64%
-26.29%
Sales/Revenue/Turnover
28.94%
41.9%
12.99%
Total Cash Common Dividend
- -
834.3%
-33.34%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,254
4,707
5,273
4,266
17,499
2025
5,142
4,746
4,715
5,168
19,772
2026
5,846
8,776
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.14
0.14
0.13
0.48
2025
0.12
0.08
0.08
0.07
0.36
2026
0.15
0.14
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.2
- -
0.1
0.3
2025
- -
0.12
- -
0.08
0.2
2026
- -
0.1
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Neeracha Panboonhom
Full Time Employees
361
Sector
Transportation
Industry
Marine shipping
Address
88 Soi Bangna-Trad 30 Bangkok BM Thailand 10260
IPO Date
Sep 5, 2013
Website
seaoilthailand.com
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Business
Sea Oil Public Company Limited engages in the retail sale of fuel and lubricant oils and related products primarily in Thailand and internationally. The company supplies high-speed diesel oil, marine fuels, lubricants, and benzene to tankers, fishery boats, reefer vessels, land customers, factories, land transportation, and buses; it also provides catering and supply management services for sea habitation, marine and offshore oil rigs, and gas operations for onshore and offshore facilities, as well as leases solvent and petrochemical factories. Founded in 1997 and headquartered in Bangkok, Thailand, Sea Oil operates through segments including maritime sales of fuel oil and lubricant oil, land sales and other channels' sales of fuel oil and lubricant oil, catering services, and leasing activities, with a subsidiary in Singapore, Sea Oil Petroleum Pte Ltd, supporting global bunker fuel supply at over 1,500 ports. Recent developments include the completion of its acquisition of a 50% stake in Pan Orient Energy Ltd. from Pan Orient Energy Corp. in early 2025, bolstering its upstream oil and gas exploration and production business, alongside approval of an interim cash dividend for fiscal year 2024 payable in December 2025.