Thai Reinsurance Public Co., Ltd.

Thai Reinsurance Public Co., Ltd.

0.52
THB
+0.09
(+20.93%)
0.04EPS
10.12P/E
1.60BMarket 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
1.89
1.4
1.79
1.13
1.16
0.88
1.12
1
1.04
1.15
1.2
0.79
1.03
0.74
Basic EPS, GAAP
-0.8
-0.52
0.63
0.07
-0.03
-0.24
0.03
0.05
-0.08
-0.05
0.05
0.07
- -
0.04
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.02
- -
- -
0.11
0.12
0.05
- -
- -
0.04
- -
- -
- -
- -
- -
Book Value per Share
0.64
0.72
1.28
1.26
1.15
0.86
0.84
0.87
0.77
0.74
0.84
0.89
0.89
0.94
Tangible Book Value per Share
0.63
0.72
1.27
1.23
1.12
0.83
0.81
0.85
0.74
0.7
0.8
0.84
0.83
0.89
Basic Weighted Avg Shares
3,512
3,740
4,214
3,967
3,705
4,216
4,171
4,440
4,456
3,874
4,192
4,215
4,215
4,215
Sales/Revenue/Turnover
6,642
5,218
7,556
4,488
4,316
3,722
4,690
4,427
4,643
4,452
5,016
3,317
4,335
3,100
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-2,799
-1,953
2,655
278
-111
-1,012
125
222
-356
-194
210
275
-3
158
Effective Tax Rate (%)
- -
- -
19.59
18.62
135.23
- -
23.7
12.78
- -
- -
19.02
18.71
1.28
17.74
Profit Margin (%)
-42.14
-37.44
35.14
6.19
-2.58
-27.19
2.67
5.02
-7.68
-4.35
4.18
8.3
-0.06
5.11
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1
23
13
9
4
- -
4
6
4
2
7
11
6
12
Total Equity
2,828
3,782
5,456
5,380
4,866
3,620
3,549
3,681
3,245
3,114
3,801
4,013
4,002
4,224
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
55.58
4.66
-2.47
- -
3.5
6.14
- -
- -
5.44
6.58
-0.58
3.43
Return on Common Equity (%)
-97.38
-73.34
62.72
5.17
-2.18
-23.85
3.49
6.14
-10.29
-6.09
6.3
7.55
-0.07
4.15

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
6
10
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,215
4,215
4,215
Market Capitalization
1,391
1,686
1,602

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
3,879
3,953
3,970
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
3
5
128
ST Debt
8
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.33%
2.29%
-0.29%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-3.83%
-116.82%
-101%
Sales/Revenue/Turnover
-2.76%
2.05%
30.67%
Total Cash Common Dividend
- -
- -
-2.41%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
876
864
781
1,497
3,317
2025
1,929
867
552
984
4,335
2026
778
786
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
- -
0.02
0.07
2025
-0.01
0.02
0.01
-0.02
- -
2026
0.03
0.02
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

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

Company Description

CEO
Oran Vongsuraphichet
Full Time Employees
147
Sector
Finance
Industry
Life/Health insurance
Address
No. 100/3-4, Sathorn Nakorn Tower Bangkok BM Thailand 10500
IPO Date
Feb 26, 1993
Business
Thai Reinsurance Public Company Limited (THRE.BK), established in 1978 and headquartered in Bangkok, Thailand, operates as a professional non-life reinsurer offering comprehensive reinsurance coverage across major property and casualty lines; including motor, property, fire, industrial all risk, engineering, marine hull and cargo, liability, financial lines, personal accident, health, and natural catastrophe risks; alongside professional risk pool management, tailored reinsurance solutions, product development, claim management through affiliates, actuarial advisory, training, and electronic commerce services primarily for non-life insurers in Thailand and select ASEAN markets such as Cambodia, Laos, Myanmar, and Vietnam. The company maintains a registered capital exceeding 3,700 million baht, a Fitch rating of A- with stable outlook, and a capital adequacy ratio around 300%, supporting its focus on risk diversification, innovation, and regional expansion. In recent developments, Thai Reinsurance reported a 418% net profit surge to THB 57 million in Q1 2024 driven by improved reinsurance results, delivered Q3 2025 net income of THB 46.65 million with earnings per share of THB 0.011, anticipates stable 2025 underwriting performance below a 100% combined ratio amid accident and health pressures offset by property and motor growth comprising 40-45% of business, and participates in the inaugural Thailand Reinsurance Conference in 2025 to bolster its role as an ASEAN reinsurance hub.