Thai Airways International Public Co. Ltd.

Thai Airways International Public Co. Ltd.

5.35
THB
0.00
(0.00%)
0.73EPS
9.15P/E
188.22BMarket Cap
Nov 06Next Earn
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
94.82
86.3
83.71
81.69
86.98
89.78
82.94
21.86
9.88
47.58
72.13
43.49
6.48
6.6
Basic EPS, GAAP
-5.52
-7.15
-5.99
0.01
-0.97
-5.33
-5.52
-64.67
25.25
-0.12
12.87
-6.26
1.09
0.73
Free Cash Flow per Basic Share
-1.57
-1.17
6.71
8.64
9.2
6.2
4.64
-4.7
-4.57
13.23
17.74
11.77
0.97
0.39
Dividend per Share
0.5
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.21
Book Value per Share
26.04
18.88
15.05
15.35
14.62
9.31
5.34
-58.98
-32.68
-32.57
-19.8
1.61
2.68
2.89
Tangible Book Value per Share
25.64
18.3
14.58
15.02
14.42
9.21
5.21
-59.11
-32.77
-32.64
-19.85
1.6
2.68
2.88
Basic Weighted Avg Shares
2,183
2,183
2,183
2,183
2,183
2,183
2,183
2,183
2,183
2,183
2,183
4,305
28,303
28,303
Sales/Revenue/Turnover
206,967
188,375
182,727
178,312
189,857
195,965
181,042
47,716
21,572
103,867
157,446
187,249
183,442
186,669
Operating Margin (%)
-1.32
-10.45
-0.96
2.85
2.64
-3.9
-5.88
-82.76
-87.4
6.63
22.51
20.99
18.54
14.4
Depreciation Expense
20,026
20,535
19,133
17,991
17,021
19,045
17,328
27,704
12,544
9,881
11,389
13,026
13,991
15,611
Net Income, GAAP
-12,047
-15,612
-13,068
15
-2,107
-11,625
-12,042
-141,171
55,118
-272
28,096
-26,934
30,910
20,575
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-5.82
-8.29
-7.15
0.01
-1.11
-5.93
-6.65
-295.85
255.51
-0.26
17.85
-14.38
16.85
11.02
Working Capital
-23,884
-37,824
-25,547
-28,146
-41,340
-44,781
-36,083
-281,845
-22,553
-3,853
19,880
58,422
65,912
64,358
LT Debt
151,550
146,875
155,347
137,016
127,272
125,413
122,121
5
139,269
159,532
157,231
119,231
107,802
115,604
Total Equity
56,919
41,296
32,926
33,588
32,013
20,456
11,766
-128,665
-71,250
-71,025
-43,142
45,589
75,912
81,833
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-19.16
-31.85
-35.28
0.05
-6.44
-44.51
-75.29
- -
- -
- -
- -
- -
50.95
27.57

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,871
9,879
10,380
LT Borrowings
39,494
40,104
40,242
LT Finance Leases
68,308
69,916
75,362
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
28,303
28,303
28,303
Market Capitalization
196,708
172,650
188,217

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
143,499
159,784
146,666
Cash, Cash Equivalents & STI
123,560
132,320
123,757
Accounts Receivable, Net
8,238
11,347
9,701
Inventories
5,061
5,294
5,738
Total Current Liabilities
77,588
81,919
82,308
Payables & Accruals
29,402
30,741
31,807
ST Debt
9,871
9,879
10,380
Deferred Revenue
38,254
41,299
39,942

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-149.82%
-44.67%
66.51%
Free Cash Flow
-59.67%
-74.57%
-45.86%
Net Income, GAAP
-2,366.23%
-2,214.06%
-214.76%
Sales/Revenue/Turnover
32.12%
79.04%
-2.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49,017
42,947
44,514
50,770
187,249
2025
50,274
43,312
42,923
46,933
183,442
2026
49,692
47,121
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.1
0.14
5.72
-13.22
-6.26
2025
0.35
0.43
0.16
0.16
1.09
2026
0.36
0.05
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
0.21
- -
- -
- -

Company Description

CEO
Sumrid Sumneing
Full Time Employees
16,000
Sector
Transportation
Industry
Airlines
Address
89 Vibhavadi Rangsit Road Bangkok BM Thailand 10900
IPO Date
Jul 23, 1992
Business
Thai Airways International Public Company Limited (THAI.BK) is Thailand's national flag carrier and a full-service airline providing scheduled passenger and cargo transportation services across domestic, regional, and long-haul international routes. The company operates a diverse fleet of modern wide-body and narrow-body aircraft, offering economy, premium economy, business, and first-class cabins; its core services include passenger air transport, air cargo and mail handling, excess baggage management, in-flight catering, and ground handling support. Thai Airways serves over 80 destinations in more than 40 countries throughout Asia, Europe, Australia, North America, and Africa, with key hubs at Suvarnabhumi Airport in Bangkok and secondary operations at Don Mueang International Airport. Founded in 1959 and headquartered in Bangkok, Thailand, the company functions as the majority state-owned entity within the Tourism and Sport Ministry's portfolio, encompassing subsidiaries such as Thai Smile Airways for low-cost regional flights and joint ventures in maintenance, repair, and overhaul (MRO) services. In recent developments, Thai Airways completed its court-supervised financial rehabilitation plan in 2024 following a Chapter 11-style bankruptcy filing in 2020 due to pandemic impacts, enabling a successful debt restructuring of approximately THB 450 billion and a return to profitability; the airline launched new route expansions to Europe and India in 2025, formed a strategic codeshare alliance with United Airlines for enhanced trans-Pacific connectivity, and introduced upgraded premium cabins with sustainable aviation fuel initiatives across select long-haul flights.