Thai Rung Union Car Public Co. Ltd.

Thai Rung Union Car Public Co. Ltd.

3.60
THB
-0.04
(-1.10%)
0.36EPS
10.80P/E
2.50BMarket 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
4.83
3.47
3.14
2.74
3.16
3.89
3.67
2.35
3.04
4.38
3.62
3.38
2.71
2.72
Basic EPS, GAAP
0.54
0.23
0.19
0.1
0.13
0.28
0.43
-0.14
0.12
0.6
0.27
0.57
0.41
0.35
Free Cash Flow per Basic Share
-0.56
0.33
0.26
0.39
0.18
0.39
-0.03
0.33
0.35
0.56
0.38
0.47
0.28
0.24
Dividend per Share
0.45
0.15
0.14
0.14
0.08
0.13
0.23
0.11
0.05
0.09
0.32
0.2
0.3
0.24
Book Value per Share
4.7
4.78
4.85
4.82
4.87
5.03
5.21
4.96
5.02
5.51
5.46
5.8
5.94
5.89
Tangible Book Value per Share
4.69
4.78
4.84
4.82
4.87
5.02
5.2
4.95
5.01
5.5
5.44
5.79
5.93
5.88
Basic Weighted Avg Shares
650
650
650
650
650
650
650
650
652
658
667
672
673
673
Sales/Revenue/Turnover
3,138
2,255
2,042
1,783
2,055
2,530
2,386
1,530
1,979
2,884
2,411
2,272
1,826
1,833
Operating Margin (%)
10.13
3.59
2.41
0.07
2.67
6.34
1.79
-8.03
2.69
12.45
2.49
3.05
1.11
1.68
Depreciation Expense
138
164
168
153
130
105
115
138
132
126
132
111
104
108
Net Income, GAAP
354
152
126
65
83
181
281
-91
78
394
183
380
275
238
Effective Tax Rate (%)
12.82
9.89
4.99
4.31
7.08
6.62
2.54
- -
25.89
18.61
14.58
7.55
8.68
10.72
Profit Margin (%)
11.27
6.76
6.15
3.66
4.04
7.17
11.78
-5.97
3.96
13.66
7.6
16.73
15.07
12.98
Working Capital
682
708
673
764
918
1,029
706
662
827
1,216
1,299
1,695
1,754
1,714
LT Debt
14
5
1
1
- -
- -
12
- -
5
3
11
6
8
17
Total Equity
3,153
3,213
3,247
3,218
3,248
3,343
3,450
3,281
3,347
3,721
3,704
3,970
3,989
3,918
Return on Invested Capital (%)
11.49
4.98
4.55
0.61
2.31
4.54
8.09
- -
1.99
10.01
4.32
8.49
5.05
4.89
Return on Capital (%)
10.96
4.57
3.78
1.96
2.37
5.29
8.17
- -
2.33
11.03
4.9
9.88
6.86
6
Return on Common Equity (%)
11.7
4.95
4.01
2.07
2.63
5.64
8.45
-2.76
2.41
11.34
5.02
10.06
7.02
6.17

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
4
7
8
LT Borrowings
- -
- -
- -
LT Finance Leases
8
17
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
661
657
655
Market Capitalization
2,578
2,589
2,502

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,175
2,220
2,175
Cash, Cash Equivalents & STI
1,583
1,576
1,481
Accounts Receivable, Net
334
342
317
Inventories
181
214
266
Total Current Liabilities
421
425
461
Payables & Accruals
398
418
381
ST Debt
4
7
8
Deferred Revenue
19
- -
72

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.17%
4.08%
0.5%
Free Cash Flow
-107.62%
4.14%
-39.22%
Net Income, GAAP
26.32%
48.6%
-27.63%
Sales/Revenue/Turnover
1.74%
6.65%
-19.66%
Total Cash Common Dividend
- -
57.59%
50.7%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
583
520
578
590
2,272
2025
478
467
425
457
1,826
2026
494
458
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.06
0.11
0.29
0.57
2025
0.11
0.12
0.08
0.1
0.41
2026
0.07
0.1
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.2
- -
- -
0.2
2025
- -
0.3
- -
- -
0.3
2026
- -
0.24
- -
- -
- -

Company Description

CEO
Sompong Phaoenchoke
Full Time Employees
1,477
Sector
Consumer services
Industry
Other consumer services
Address
304, Marcharoen Road Bangkok BM Thailand 10160
IPO Date
Nov 21, 1994
Business
Thai Rung Union Car Public Company Limited (TRU.BK) manufactures automotive parts, tooling equipment, and modified vehicles primarily in Thailand. The company produces progressive dies, cutting dies, bending dies, molds, assembly jigs, checking fixtures, metal stamping parts, plastic vacuum molded parts, and seats for motor vehicles, motorcycles, machinery, and new energy vehicles; offers contract assembly, vehicle modification including pick-up conversions to multi-purpose vehicles and SUVs such as the TR Transformer II series, vehicle painting, and research and development services; and operates car sales and service centers. It serves original equipment manufacturers like Isuzu Motors (Thailand), the Thai military with specialized vehicles including the new W1 armored model, and domestic aftermarket customers through three segments: Car Assembly and Other Related Car Services; Manufacture of Equipment for Production of Car Accessories; and Sales of Cars and Car Service Centre Business. Founded in 1967 by Vichien Phaoenchoke and headquartered at 304 Macharoen Road, Nong Khang Phlu, Bangkok, the company listed on the Stock Exchange of Thailand in 1994 and employs around 1,477 people with a subsidiary, Thai V.P. Auto Service Co., Ltd. Recent developments include the unveiling of the 2025 TR Transformer II lineup with diesel powertrains up to 204 hp, 2WD/4WD options, and advanced safety features in September 2025; launch of the W1 armored vehicle on a Toyota platform for military applications in November 2025; announcement of a THB 200 million share repurchase program for up to 54 million shares (7.99% of capital) in August 2025 to enhance shareholder value; and full-year 2024 earnings of THB 380.17 million net income on THB 2.27 billion revenue, reflecting improved profitability.