Smothong Group Public Company Limited

Smothong Group Public Company Limited

2.96
THB
+0.02
(+0.68%)
0.14EPS
26.56P/E
3.48BMarket Cap
Nov 18Next Earn
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
6.39
6.8
10.74
11.82
Basic EPS, GAAP
0.24
0.28
0.74
0.14
Free Cash Flow per Basic Share
0.37
-0.11
0.17
-0.39
Dividend per Share
0.28
0.13
0.34
0.34
Book Value per Share
1.42
1.57
3.28
3.05
Tangible Book Value per Share
1.33
1.33
3.06
2.83
Basic Weighted Avg Shares
920
920
920
920
Sales/Revenue/Turnover
5,883
6,253
9,877
10,873
Operating Margin (%)
4.95
7.12
6.74
1.89
Depreciation Expense
179
209
232
242
Net Income, GAAP
218
260
679
131
Effective Tax Rate (%)
1.53
13.48
3.41
- -
Profit Margin (%)
3.71
4.16
6.87
1.2
Working Capital
-101
-344
737
456
LT Debt
245
655
462
392
Total Equity
1,350
1,489
3,065
2,848
Return on Invested Capital (%)
- -
10.19
19.06
- -
Return on Capital (%)
- -
10.28
19.23
- -
Return on Common Equity (%)
- -
18.94
30.45
5.5

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
774
1,918
1,216
LT Borrowings
369
346
311
LT Finance Leases
92
87
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
920
920
920
Market Capitalization
3,349
4,600
3,478

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,656
2,783
1,782
Cash, Cash Equivalents & STI
723
767
627
Accounts Receivable, Net
104
881
156
Inventories
802
1,096
962
Total Current Liabilities
919
2,131
1,326
Payables & Accruals
141
156
92
ST Debt
774
1,918
1,216
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
105.85%
Free Cash Flow
- -
- -
-255.81%
Net Income, GAAP
- -
- -
161.3%
Sales/Revenue/Turnover
- -
- -
57.97%
Total Cash Common Dividend
- -
- -
157.41%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1,890
1,962
1,445
6,253
2025
1,527
3,387
2,213
2,751
9,877
2026
2,395
3,514
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.21
0.19
-0.05
0.28
2025
-0.13
0.69
0.15
0.03
0.74
2026
-0.06
0.03
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.13
2025
- -
- -
0.19
0.15
0.34
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kittipong Puangmala
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
Surat Thani Thailand
IPO Date
Nov 10, 2025
Business
Smothong Group Public Company Limited is a Thailand-based agribusiness and renewable energy enterprise engaged in the manufacturing, processing, and distribution of palm oil products and the generation of bio-based electricity. Founded in 2003 and headquartered in Surat Thani, Thailand, the company operates integrated agricultural processing operations across the southern and central regions of the country. The company operates primarily through two distinct business segments: Palm Oil Processing and Renewable Energy. Its comprehensive product and service portfolio comprises; crude palm oil (CPO) refined for food manufacturing, industrial cooking oils, and biodiesel production; crude palm kernel oil (CPKO) used in oleochemicals, cosmetics, and specialty food products; palm kernel cake (PKC) and dried palm sludge cake marketed as nutrient-rich animal feed supplements; biomass by-products, including palm kernel shells, mesocarp fibers, and shredded empty fruit bunches (EFB) utilized as solid biomass fuels for industrial boilers; and biogas-generated electricity produced via anaerobic digestion of palm oil mill effluent (POME), supplying internal processing plant operations and delivering surplus renewable power to the grid under power purchase agreements with the Provincial Electricity Authority (PEA). Smothong Group maintains strategic manufacturing and extraction mills located adjacent to raw material cultivation bases across Surat Thani (Tha Chana and Phanom districts), Saraburi (Nong Khae district), and Chumphon (Thung Tako district, operated through its subsidiary A.L. Palm Co., Ltd.). The company serves industrial refineries, commercial biofuel manufacturers, agricultural feed producers, and power utilities, sourcing fresh fruit bunches through direct procurement and sustainable smallholder networks certified under the Roundtable on Sustainable Palm Oil (RSPO) standards. In recent developments, Smothong Group completed its initial public offering (IPO) and listed its shares on the Stock Exchange of Thailand under the ticker symbol SMO in November 2025, offering 231.6 million ordinary shares to fund crude palm oil manufacturing capacity expansions, technological enhancements for extraction yields, environmental, social, and governance (ESG) process upgrades, loan repayments, and working capital. Additionally, the company has expanded its smallholder partnership initiatives via the Smothong Sustainable Oil Palm Production Community Enterprise Group to advance RSPO supply chain traceability and strengthened its closed-loop bio-circular-green (BCG) infrastructure to maximize biogas energy recovery from agricultural waste streams.