1. Thailand Stocks

  2. •

    Health services

  3. •

    Hospital/Nursing management
Sikarin Public Co., Ltd.

Sikarin Public Co., Ltd.

8.00
THB
-0.05
(-0.62%)
0.30EPS
26.59P/E
16.21BMarket 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
1.09
1.35
1.24
1.5
1.61
1.73
1.85
1.94
3.17
2.76
2.83
2.94
2.95
2.83
Basic EPS, GAAP
0.1
0.12
0.07
0.12
0.08
0.12
0.12
0.17
0.7
0.49
0.43
0.32
0.37
0.3
Free Cash Flow per Basic Share
-0.01
-0.24
-0.12
0.11
0.11
0.18
0.04
0.17
0.55
0.44
0.28
0.44
0.55
0.5
Dividend per Share
0.05
0.06
0.06
0.05
0.04
0.05
0.07
0.07
0.08
0.2
0.17
0.18
0.2
0.25
Book Value per Share
0.87
1.07
1.19
2.12
1.76
1.87
1.92
2.02
2.68
3.31
3.57
3.72
3.84
3.8
Tangible Book Value per Share
0.82
1.01
1.12
1.85
1.56
1.7
1.72
1.8
2.46
3.1
3.35
3.48
3.61
3.59
Basic Weighted Avg Shares
1,541
1,374
1,612
1,626
1,963
1,985
1,999
1,999
2,007
2,058
2,058
2,058
2,047
2,035
Sales/Revenue/Turnover
1,686
1,861
2,005
2,435
3,153
3,441
3,703
3,875
6,351
5,672
5,819
6,057
6,045
5,756
Operating Margin (%)
11.25
10.26
7.73
8.57
7.96
9.54
8.7
11.39
28.47
22.73
19.4
13.75
15.5
13.2
Depreciation Expense
128
138
164
242
311
327
341
399
451
456
498
559
603
600
Net Income, GAAP
149
158
116
190
163
242
243
350
1,395
1,012
891
664
752
612
Effective Tax Rate (%)
20.22
18.07
19.79
19.55
20.12
19.2
19.61
12.44
19.9
20.1
20.13
20.46
20.63
20.8
Profit Margin (%)
8.82
8.49
5.76
7.79
5.16
7.05
6.56
9.02
21.97
17.84
15.31
10.96
12.44
10.64
Working Capital
-97
-26
-321
-190
-147
-69
-49
27
1,036
1,152
1,079
1,676
1,974
1,887
LT Debt
226
450
711
893
887
823
844
1,004
723
505
308
588
441
377
Total Equity
1,347
1,725
1,914
3,476
3,556
3,781
3,886
4,091
5,586
6,898
7,446
7,741
7,907
7,792
Return on Invested Capital (%)
9.09
7.54
4.24
4.91
3.42
5.43
5.71
7.51
22.81
14.16
11.51
8.27
9.14
7.49
Return on Capital (%)
10.26
8.19
5.21
6.27
4.63
5.94
5.65
7.46
22.58
14.12
11.41
8.2
9.06
7.44
Return on Common Equity (%)
11.81
10.29
6.35
7.13
4.72
6.71
6.42
8.88
29.2
16.41
12.58
8.85
9.72
7.91

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
168
164
158
LT Borrowings
283
258
233
LT Finance Leases
158
148
144
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,035
2,033
2,026
Market Capitalization
14,346
14,234
16,208

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,782
2,920
2,607
Cash, Cash Equivalents & STI
1,507
1,621
1,396
Accounts Receivable, Net
478
426
390
Inventories
174
234
218
Total Current Liabilities
809
837
721
Payables & Accruals
631
665
555
ST Debt
168
164
158
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.24%
14.82%
2.15%
Free Cash Flow
37.84%
51.38%
23.7%
Net Income, GAAP
39.05%
49.47%
13.29%
Sales/Revenue/Turnover
13.2%
11.94%
-0.19%
Total Cash Common Dividend
21.61%
34.57%
11.08%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,531
1,471
1,667
1,386
6,057
2025
1,519
1,534
1,550
1,442
6,045
2026
1,396
1,367
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.08
0.12
0.01
0.32
2025
0.1
0.1
0.09
0.07
0.37
2026
0.06
0.07
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.09
0.09
- -
0.18
2025
- -
0.11
0.09
- -
0.2
2026
- -
0.16
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jarax Sangtaweep
Full Time Employees
3,156
Sector
Health services
Industry
Hospital/Nursing management
Address
976 Lasalle Road Bangkok BM Thailand 10260
IPO Date
Jan 4, 1988
Website
sikarin.com
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Business
Sikarin Public Company Limited Sikarin Public Company Limited (SKR.BK) operates private hospitals in Thailand, providing comprehensive outpatient and inpatient medical services through its three main facilities: Sikarin Bangkok Hospital in Bang Na, Bangkok; Sikarin Samut Prakan Hospital in Samut Prakan Province; and Sikarin Hat Yai Hospital in Songkhla Province. The company offers specialized centers and services including diabetes and endocrine centers, general medicine clinics, emergency and trauma centers, surgery clinics, children’s dental centers, aesthetic centers, women’s health centers, fertility centers, orthopedics centers, stroke centers, EENT centers, nephrology and urology centers, gastroenterology and liver institutes, laboratory departments, diagnostic radiology centers, CT scan and MRI units, operating rooms, hemodialysis units, physical therapy departments, catheter laboratories, intensive care units, coronary care units, and international medical centers; it also manages rental spaces, food and beverage sales, restaurants, and medical clinics. Founded in 1979 and headquartered at 976 Lasalle Road, Bang Na Tai Sub-district, Bang Na District, Bangkok, Sikarin serves diverse customers including individuals, families, organizations, and social security affiliates across eastern Bangkok, Samut Prakan, and southern Thailand regions, with capacities supporting thousands of outpatients daily and hundreds of inpatient beds. Recent developments include the launch of five new medical centers at Sikarin Samut Prakan Hospital in 2025 such as orthopedics, specialized internal medicine, mother and child, emergency, and dental centers to meet industrial area growth; a 2025 share repurchase program completing with 23 million shares acquired for 161.7 million baht; expansion of Sikarin Bangkok Hospital's bed license to 354 beds adding services like hemodialysis, reproductive technology, open heart surgery, cardiac catheterization, and telemedicine; opening of multiple Sikarin Medical Clinics in 2023-2024 for social security and local access; collaborations with Thailand's Social Security Office for surgery access projects on breast cancer, stones, and strokes, proactive health screenings in multiple provinces, and mobile hospital operations via SIKARIN Connect; and repeated ESG100 listings for five years through 2025 alongside top governance ratings.