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SiamRajathanee Public Company Limited

SiamRajathanee Public Company Limited

4.68
THB
0.00
(0.00%)
0.41EPS
11.31P/E
2.20BMarket Cap
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
4.43
4.74
4.97
5.24
5.58
4.57
4.38
4.7
4.93
5.38
5.95
6.05
Basic EPS, GAAP
0.3
0.4
0.34
0.29
0.32
0.31
0.35
0.35
0.39
0.32
0.48
0.41
Free Cash Flow per Basic Share
0.62
0.53
0.19
0.44
0.43
0.55
0.69
0.51
0.69
0.61
0.95
0.96
Dividend per Share
0.36
1.2
1.02
0.46
0.46
0.26
0.17
0.16
0.37
0.19
0.38
0.38
Book Value per Share
2.26
1.46
1.2
1.05
0.91
1.83
2
2.19
2.16
2.28
2.35
2.39
Tangible Book Value per Share
2.26
1.46
1.19
1.04
0.9
1.82
1.99
2.19
2.16
2.27
2.35
2.39
Basic Weighted Avg Shares
346
346
346
346
346
445
476
476
476
476
476
476
Sales/Revenue/Turnover
1,530
1,638
1,719
1,813
1,928
2,036
2,086
2,239
2,346
2,563
2,834
2,881
Operating Margin (%)
8.42
8.22
7.64
5.02
6.34
7.84
9.29
6.86
8.74
7.08
8.04
7.81
Depreciation Expense
116
96
84
102
102
131
138
147
177
219
295
323
Net Income, GAAP
102
138
116
101
109
140
168
169
184
153
228
195
Effective Tax Rate (%)
17.22
16.83
19.41
18.65
20.32
21.96
20.17
20.24
20.29
20.51
20.45
20.53
Profit Margin (%)
6.68
8.45
6.76
5.57
5.66
6.86
8.07
7.54
7.82
5.99
8.04
6.77
Working Capital
167
134
-44
-113
-167
268
344
255
159
78
43
-31
LT Debt
144
100
133
169
189
355
258
465
553
681
732
692
Total Equity
780
505
416
364
316
869
952
1,043
1,031
1,084
1,120
1,131
Return on Invested Capital (%)
- -
16.67
14.56
11.75
12.55
12.36
12.21
10.96
10.22
7.77
10.48
8.52
Return on Capital (%)
- -
16.11
15.33
12.4
12.59
12.35
12.2
10.92
10.24
7.77
10.44
8.54
Return on Common Equity (%)
- -
21.53
25.23
25.9
32.06
23.55
18.48
16.92
17.7
14.51
20.68
17.22

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
410
375
435
LT Borrowings
- -
- -
- -
LT Finance Leases
732
726
692
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
476
476
474
Market Capitalization
1,924
2,160
2,198

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
601
600
577
Cash, Cash Equivalents & STI
43
50
17
Accounts Receivable, Net
269
276
268
Inventories
- -
- -
- -
Total Current Liabilities
558
543
608
Payables & Accruals
93
116
121
ST Debt
410
375
435
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.29%
5.28%
3.28%
Free Cash Flow
20.35%
17.24%
56.05%
Net Income, GAAP
10.39%
12.35%
48.55%
Sales/Revenue/Turnover
6.38%
6.88%
10.56%
Total Cash Common Dividend
28.09%
29.38%
95.43%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
598
605
661
699
2,563
2025
687
697
719
731
2,834
2026
713
719
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.05
0.09
0.12
0.32
2025
0.11
0.18
0.09
0.1
0.48
2026
0.12
0.11
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.01
0.19
2025
- -
0.18
0.2
- -
0.38
2026
- -
0.18
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kanthima Jaengwansuk
Full Time Employees
2,325
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
329 Moo 10 Samut Prakan SP Thailand 10130
IPO Date
Oct 14, 2020
Website
siamrajathanee.com
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Business
Siamrajathanee Public Company Limited (SO.BK) operates as a leading provider of public transportation and mobility solutions in Thailand, primarily focusing on bus operations, airport services, and related infrastructure. The company offers core products and services including city bus operations under the BMTA concession; airport bus services connecting Suvarnabhumi and Don Mueang airports to key locations in Bangkok and surrounding areas; electric bus manufacturing and leasing through its subsidiary; premium limousine bus services for intercity travel; and advertising space management on its fleet and properties. It also provides vehicle maintenance, electric vehicle charging stations, and digital ticketing platforms to enhance passenger experience and sustainability. Founded in 2004 and headquartered in Bangkok, Thailand, Siamrajathanee serves urban commuters, airport passengers, and corporate clients across Thailand, with operations concentrated in the Greater Bangkok region and select provincial routes. The company targets mass transit users, tourists, and businesses seeking reliable ground transportation, positioning itself in the transportation and logistics industry segments. In recent developments within the last two years, Siamrajathanee expanded its electric bus fleet through a major procurement and delivery of battery-electric buses for BMTA routes, supporting Thailand's green transportation initiatives; formed strategic partnerships with technology providers for smart ticketing and fleet management systems; and pursued business growth via new route concessions and infrastructure projects at key airports. Additionally, the company secured funding for EV infrastructure expansion and announced operational enhancements, including pilot programs for autonomous shuttle services. These changes underscore its shift toward sustainable mobility and digital integration.