Window Asia Public Company Limited

Window Asia Public Company Limited

0.71
THB
0.00
(0.00%)
0.05EPS
15.85P/E
657.12MMarket Cap
Window Asia Public Company Limited
SET:WINDOW
(Stock Exchange of Thailand)

Recent

price

0.71

P/E

ratio

15.85

div

yld

4.03%

ROIC.AI

2021
2022
2023
2024
2025
TTM
THB
0.91
1.01
1.28
0.87
0.81
0.81
Revenue per Share
0.11
0.08
0.03
0.06
0.04
0.05
Basic EPS, GAAP
-0.21
0.06
-0.04
0.18
0.08
0.03
Free Cash Flow per Basic Share
0.17
- -
0.21
0.02
0.03
0.03
Dividend per Share
0.43
0.56
0.97
1.01
1.02
1.03
Book Value per Share
0.42
0.55
0.97
1.01
1.02
1.03
Tangible Book Value per Share
888
888
695
888
888
888
Basic Weighted Avg Shares
810
897
890
769
717
716
Sales/Revenue/Turnover
11.55
8.93
8.29
7.62
4.56
5.51
Operating Margin (%)
29
40
48
55
51
49
Depreciation Expense
99
75
22
53
35
41
Net Income, GAAP
19.58
10.69
22.02
19.59
20.64
20.43
Effective Tax Rate (%)
12.25
8.31
2.43
6.87
4.91
5.79
Profit Margin (%)
99
151
410
422
463
455
Working Capital
85
101
76
16
13
13
LT Debt
381
497
865
898
906
918
Total Equity
- -
8.16
4.09
4.75
2.76
3.33
Return on Invested Capital (%)
- -
9.69
3.32
5.82
3.87
4.53
Return on Capital (%)
- -
16.97
3.17
5.99
3.9
4.56
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11
11
10
LT Borrowings
- -
- -
- -
LT Finance Leases
13
16
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
888
888
888
Market Capitalization
639
675
657

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
580
621
598
Cash, Cash Equivalents & STI
165
189
150
Accounts Receivable, Net
140
178
165
Inventories
265
243
273
Total Current Liabilities
117
140
143
Payables & Accruals
69
85
100
ST Debt
11
11
10
Deferred Revenue
4
4
4

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
0.95%
Free Cash Flow
- -
- -
-57.59%
Net Income, GAAP
- -
- -
-33.36%
Sales/Revenue/Turnover
- -
- -
-6.66%
Total Cash Common Dividend
- -
- -
24.59%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
237
221
147
164
769
2025
202
195
158
162
717
2026
199
197
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
- -
0.01
0.06
2025
0.02
0.02
- -
0.01
0.04
2026
0.01
0.03
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
0.03
- -
- -
0.03
2026
- -
0.03
- -
- -
- -
Business
Window Asia Public Company Limited is a Thailand-based manufacturer and distributor of ready-made and custom-fabricated doors, windows, and architectural building systems. The company operates primarily within the construction materials and home improvement sectors, offering products manufactured from aluminum and unplasticized polyvinyl chloride (uPVC). Its comprehensive product and service portfolio comprises ready-made and made-to-order aluminum and uPVC window systems, including sliding, casement, awning, fixed, and louver windows; aluminum and uPVC door systems, including sliding doors, swing doors, and multi-panel folding doors; pre-hung glass door and window assemblies fitted with safety glass and acoustic insulation; insect screen systems, security grilles, and architectural hardware accessories; custom fabrication, precision cutting, and on-site installation services for residential and commercial structures; and comprehensive dealer enablement programs through its Window Asia Partner initiative, which provides raw extrusion profiles, processing machinery, and technical assembly training to local fabrication partners. The company commercializes its offerings under multiple brand lines, including Window Asia, Wind Fame, FRAMEX, Enzo, Finext, Hoom Dot, Unix, 10 Max, and ONE STOP. Window Asia Public Company Limited serves individual homeowners, property developers, architects, and building contractors through diverse distribution channels comprising national modern trade home improvement chains, traditional building material distributors, specialized Window Asia Shops, and direct-to-project contract supply. In recent developments, the company executed an initial public offering and listed its common shares on the Stock Exchange of Thailand under the ticker WINDOW to finance manufacturing capacity expansions, automation upgrades, and working capital requirements. To counter macroeconomic real estate headwinds, the company has strategically diversified beyond its core modern trade retail base by expanding penetration into large-scale residential housing projects and high-rise commercial developments, accelerating its Window Asia Partner and dealer distribution footprint, entering strategic collaborations such as joint venture investments with Keha Sukpracha Public Company Limited, and initiating regional market export distribution into Southeast Asian countries including Cambodia, Laos, and the Philippines. Founded in 2014 with industrial roots originating from the Ratchada Material Center group, Window Asia Public Company Limited is headquartered in Samut Sakhon, Thailand.