TRC Construction Public Co. Ltd.

TRC Construction Public Co. Ltd.

0.38
THB
+0.02
(+5.56%)
-0.23EPS
867.75MMarket Cap
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
4.08
5.08
6.05
5.45
3.49
3.33
4.7
3.77
4.3
4.18
2.68
1.35
0.81
0.6
Basic EPS, GAAP
0.21
0.35
0.48
0.43
0.14
-3
-0.41
-0.49
-0.06
-0.14
-0.68
-0.7
-0.22
-0.23
Free Cash Flow per Basic Share
-0.12
0.68
0.32
-0.8
0.42
-0.82
-0.03
-0.19
-0.05
-0.22
0.06
-0.38
0.1
- -
Dividend per Share
0.06
0.07
0.02
0.07
0.03
0.02
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.9
2.26
3.63
3.99
4.09
1.08
0.98
0.49
0.45
0.34
-0.27
-0.25
-0.05
-0.07
Tangible Book Value per Share
1.89
2.24
3.62
3.97
4.07
1.06
0.96
0.47
0.43
0.33
-0.28
-0.25
-0.05
-0.07
Basic Weighted Avg Shares
608
610
641
679
680
680
719
895
895
799
799
982
1,266
1,369
Sales/Revenue/Turnover
2,481
3,095
3,880
3,697
2,370
2,262
3,378
3,372
3,845
3,343
2,141
1,325
1,027
821
Operating Margin (%)
7.11
9.09
9.52
11.64
9.82
-16.17
-8.07
-12.73
-0.43
-0.22
-15.3
-46.25
-20.88
-29.54
Depreciation Expense
43
54
79
114
106
113
115
90
72
70
66
58
53
46
Net Income, GAAP
126
215
306
291
93
-2,041
-293
-438
-57
-112
-540
-683
-280
-310
Effective Tax Rate (%)
32.25
24.55
19.85
25.65
38.93
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
5.09
6.94
7.89
7.86
3.91
-90.2
-8.68
-12.99
-1.49
-3.35
-25.23
-51.56
-27.3
-37.7
Working Capital
749
861
1,350
831
832
68
228
-338
-412
-436
-926
-979
-1,083
-1,042
LT Debt
31
5
131
217
6
2
13
16
8
8
13
154
71
133
Total Equity
1,154
1,378
2,421
2,684
2,756
703
844
407
368
303
-239
-244
-62
-102
Return on Invested Capital (%)
9.42
15.88
15.06
11.23
4.51
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
12.92
16.56
15.85
10.88
3.33
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
11.85
16.91
15.99
11.28
3.38
-116.08
-36.55
-66.97
-13.74
-32
- -
- -
- -
- -

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
987
880
978
LT Borrowings
62
130
127
LT Finance Leases
8
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,398
1,398
1,578
Market Capitalization
657
531
868

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,136
2,000
1,898
Cash, Cash Equivalents & STI
46
18
16
Accounts Receivable, Net
110
75
80
Inventories
- -
- -
- -
Total Current Liabilities
3,219
2,989
2,940
Payables & Accruals
1,700
1,605
1,609
ST Debt
987
880
978
Deferred Revenue
286
277
269

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-37.11%
-55.69%
-74.51%
Free Cash Flow
-107.11%
-190.68%
-135.71%
Net Income, GAAP
-205.04%
71.65%
-58.95%
Sales/Revenue/Turnover
-9.16%
-19.12%
-22.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
364
447
221
292
1,325
2025
241
213
262
311
1,027
2026
119
129
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.17
-0.14
-0.05
-0.34
-0.7
2025
-0.02
-0.06
-0.08
-0.06
-0.22
2026
-0.04
-0.05
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

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

Company Description

CEO
Pasit Leesakul
Full Time Employees
430
Sector
Industrial services
Industry
Engineering & construction
Address
No.8, Soi Sukhapiban 5 soi 32 Bangkok BM Thailand 10220
IPO Date
Dec 22, 2005
Business
TRC Construction Public Company Limited provides construction services in Thailand, operating through four segments: Pipeline System Construction; Engineering System; Civil Work Construction; and Sales and Other Services. The company engages in pipeline system construction, engineering system installation, and factory construction in energy and petrochemical industries; project development and investment in energy, real estate, power plants, and petrochemical sectors; civil works including roads, water systems, bridges, wastewater treatment systems, dams, water distribution systems, railways, water supply, and airport facilities; as well as data management and processing services. Incorporated in 1998 and headquartered in Bangkok, TRC Construction primarily serves clients in the energy, petrochemical, and infrastructure sectors within Thailand. Recent developments include a capital increase through the issuance of 142,857,143 new common shares allocated to PS Capital Holdings at THB 0.70 per share, with trading commencing on June 9, 2025; a strategic focus on new growth pillars in potash business and recycle waste to create synergies; and a joint venture with Asia Green Energy Public Company Limited to establish At Energy Solution Company Limited for energy supplies and services.