Stecon Group Public Company Limited

Stecon Group Public Company Limited

17.10
THB
0.00
(0.00%)
1.56EPS
11.51P/E
27.04BMarket Cap
Nov 13Next Earn
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
19.48
19.75
22.28
23.2
Basic EPS, GAAP
0.35
-1.55
1.3
1.56
Free Cash Flow per Basic Share
-4.14
-1.65
1.42
0.56
Dividend per Share
0.3
0.15
- -
0.55
Book Value per Share
11.61
11.46
11.07
13.97
Tangible Book Value per Share
11.61
11.26
10.88
13.78
Basic Weighted Avg Shares
1,519
1,519
1,502
1,506
Sales/Revenue/Turnover
29,598
30,005
33,473
34,945
Operating Margin (%)
1.81
-6.81
6.1
6.78
Depreciation Expense
805
755
743
834
Net Income, GAAP
526
-2,357
1,948
2,356
Effective Tax Rate (%)
15.95
- -
12.65
13.78
Profit Margin (%)
1.78
-7.86
5.82
6.74
Working Capital
-6,061
-10,074
-10,703
-8,821
LT Debt
265
610
1,100
2,161
Total Equity
18,072
17,843
17,051
21,409
Return on Invested Capital (%)
- -
- -
9.13
9.66
Return on Capital (%)
- -
- -
8.37
9.29
Return on Common Equity (%)
- -
-13.45
11.44
13.11

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8,284
8,722
8,719
LT Borrowings
425
406
1,579
LT Finance Leases
675
642
582
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,502
1,502
1,502
Market Capitalization
9,538
17,274
27,037

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24,622
25,795
27,450
Cash, Cash Equivalents & STI
4,216
4,825
5,570
Accounts Receivable, Net
6,073
5,891
5,456
Inventories
1,579
1,619
1,728
Total Current Liabilities
35,325
36,305
36,271
Payables & Accruals
15,347
14,088
14,505
ST Debt
8,284
8,722
8,719
Deferred Revenue
10,729
12,710
12,337

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-4.44%
Free Cash Flow
- -
- -
-184.8%
Net Income, GAAP
- -
- -
-182.64%
Sales/Revenue/Turnover
- -
- -
11.56%
Total Cash Common Dividend
- -
- -
-97.37%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,484
8,457
7,349
30,005
30,005
2025
6,526
8,789
7,533
10,624
33,473
2026
7,294
9,494
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.02
-0.1
-1.55
-1.55
2025
0.22
0.34
0.11
0.62
1.3
2026
0.23
0.6
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.15
- -
0.15
0.15
2025
- -
- -
- -
- -
- -
2026
- -
0.55
- -
- -
- -

Company Description

CEO
Pakpoom Srichamni
Sector
Industrial services
Industry
Engineering & construction
Address
Bangkok Thailand
IPO Date
Oct 29, 2024
Business
Stecon Group Public Company Limited, through its subsidiaries, operates as an investment holding company primarily engaged in engineering, procurement, and construction (EPC) services, infrastructure concessions, and utility development. The company delivers a comprehensive range of construction, civil engineering, and development solutions categorized into: Infrastructure and Transportation, which encompasses the construction of mass rapid transit systems, elevated highways, bridges, tollways, motorways, double-track railways, high-speed rail links, maritime ports, and airport terminals; Energy and Power Generation, comprising the engineering, procurement, and installation of combined-cycle thermal power plants, hydroelectric facilities, renewable energy installations, electrical substations, transmission lines, and industrial cogeneration facilities; Industrial and Petrochemical Plants, including the fabrication and erection of structural steel, piping systems, oil refineries, chemical processing units, gas separation facilities, and precast concrete manufacturing; Building and Civil Engineering, covering government administrative complexes, commercial towers, high-rise office buildings, hospitals, educational institutions, and residential developments; and Public Utilities and Environmental Systems, including potable water treatment plants, wastewater management networks, and flood mitigation drainage tunnels. In addition to contracting services, the company engages in infrastructure operation and maintenance (O&M) concessions, commercial real estate management, and digital infrastructure investments. The company primarily serves government ministries, state-owned enterprises, municipal authorities, industrial corporations, and private commercial developers across Thailand and the broader Southeast Asian region. Originally established in 1962 as Sino-Thai Engineering and Construction Public Company Limited, Stecon Group Public Company Limited is headquartered in Bangkok, Thailand. In recent developments, the company executed a major corporate restructuring by transitioning from Sino-Thai Engineering and Construction Public Company Limited into a holding company structure under Stecon Group Public Company Limited, completing a tender offer share swap and listing on the Stock Exchange of Thailand under the ticker symbol STECON. This strategic reorganization is designed to segregate business risks, enhance capital deployment flexibility, and accelerate expansion into high-growth, recurring-income sectors alongside its traditional contracting operations. As part of this strategic pivot, the group has expanded its footprint in public-private partnership (PPP) concessions through consortium ventures, including the commercial launch of the MRT Pink Line and Yellow Line monorail transit networks, operation and maintenance contracts for the M6 and M81 intercity motorways, and participation in the U-Tapao International Airport and Eastern Airport City development. Furthermore, the company has broadened its investment mandate to pursue emerging infrastructure opportunities, including strategic alliances to develop hyperscale data center facilities and clean energy platforms.