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    Health services

  3. •

    Hospital/Nursing management
Wattanapat Hospital Trang Public Company Limited

Wattanapat Hospital Trang Public Company Limited

5.90
THB
+0.10
(+1.72%)
0.48EPS
12.09P/E
4.18BMarket Cap
Nov 18Next Earn
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
0.66
1.05
1.2
1.06
0.96
1.16
1.09
1.89
1.76
2.25
2.88
3.31
3.41
Basic EPS, GAAP
-0.03
0.1
0.16
0.05
0.08
- -
-0.04
0.36
0.18
0.14
0.39
0.5
0.48
Free Cash Flow per Basic Share
0.09
0.07
-0.13
-0.1
-0.57
-0.25
-0.24
-0.09
-0.19
-0.35
0.26
-0.46
-0.25
Dividend per Share
- -
0.02
0.04
0.46
0.02
0.06
0.05
0.03
0.09
0.1
0.09
- -
0.07
Book Value per Share
0.39
0.42
0.53
1.28
1.34
1.29
1.19
1.51
1.6
1.64
2.21
2.7
2.91
Tangible Book Value per Share
0.39
0.42
0.53
1.28
1.34
1.28
1.18
1.51
1.58
1.62
2.18
2.67
2.87
Basic Weighted Avg Shares
649
453
453
502
649
649
649
649
649
649
706
704
709
Sales/Revenue/Turnover
431
477
542
533
626
754
705
1,226
1,145
1,460
2,032
2,330
2,418
Operating Margin (%)
4.06
10.26
14.99
4.48
8.67
-0.82
-3.76
24.17
13.81
10.54
18.83
19.72
17.99
Depreciation Expense
55
38
35
37
29
47
60
73
79
120
150
167
175
Net Income, GAAP
-17
43
72
24
51
-1
-28
232
116
93
279
352
343
Effective Tax Rate (%)
- -
- -
2.3
- -
3.7
- -
- -
14.4
19.44
14.88
16.01
15.05
14.04
Profit Margin (%)
-3.86
9.12
13.33
4.54
8.22
-0.13
-4.02
18.94
10.1
6.37
13.72
15.1
14.17
Working Capital
11
5
-52
275
-9
-58
-44
239
-34
-210
19
-14
-214
LT Debt
112
85
94
- -
125
272
490
594
793
899
801
985
1,061
Total Equity
255
272
351
846
886
842
772
988
1,044
1,098
1,619
2,047
2,189
Return on Invested Capital (%)
- -
- -
17.01
- -
5.46
- -
- -
16.54
6.96
6.12
13.17
13.38
11.42
Return on Capital (%)
- -
- -
17.13
- -
5.68
- -
- -
15.38
7.05
5.95
12.84
12.96
11.4
Return on Common Equity (%)
- -
16.51
23.48
4.12
6.04
-0.11
-3.52
26.51
11.46
8.84
21.11
20.07
17.73

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
245
210
284
LT Borrowings
979
990
1,057
LT Finance Leases
6
5
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
714
714
714
Market Capitalization
4,236
4,178
4,178

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
480
544
375
Cash, Cash Equivalents & STI
131
108
119
Accounts Receivable, Net
267
337
167
Inventories
61
72
61
Total Current Liabilities
494
524
589
Payables & Accruals
249
313
305
ST Debt
245
210
284
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.45%
22.53%
26.44%
Free Cash Flow
-5.59%
-66.18%
-274.64%
Net Income, GAAP
204.96%
-152.69%
26.15%
Sales/Revenue/Turnover
19.21%
29.71%
14.65%
Total Cash Common Dividend
- -
- -
-97.73%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
575
436
500
521
2,032
2025
721
479
490
640
2,330
2026
797
492
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.05
0.1
0.09
0.39
2025
0.26
0.05
0.05
0.14
0.5
2026
0.27
0.03
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.09
- -
- -
0.09
2025
- -
- -
- -
- -
- -
2026
- -
0.07
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Somchai Chansawang
Full Time Employees
350
Sector
Health services
Industry
Hospital/Nursing management
Address
247/2, Phatthalung Road Trang TRG Thailand 92000
IPO Date
Oct 3, 2017
Website
wattanapat.co.th
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Business
Wattanapat Hospital Trang Public Company Limited (WPH.BK) operates private hospitals and clinics in southern Thailand, providing comprehensive medical and surgical services through its flagship 120-bed Wattanapat Hospital Trang and subsidiary Wattanapat Hospital Ao Nang; core offerings encompass obstetrics and gynecology, surgery, internal medicine, pediatrics, neurology, cardiology, ophthalmology, ear-nose-throat, dermatology and aesthetics, dentistry, wellness and hyperbaric oxygen therapy, kidney dialysis, endocrinology, orthopedics, physical therapy, gastroenterology, X-ray and MRI imaging, emergency care, and health promotion centers including annual checkups and pre-employment screenings. Founded in 1957 by Dr. Wittaya Leelawat and headquartered at 247/2 Phatthalung Road, Tambon Thap Thiang, Muang District, Trang 92000, the company serves patients in Trang, Krabi, Phatthalung, and neighboring provinces, including local residents, corporate clients, and medical tourists with advanced equipment such as CT scanners, MRI, ultrasonography, and digital mammography. Its subsidiaries include Wattanapat Hospital Ao Nang Co., Ltd., in which it holds a majority stake, supporting expansion into international clinics and specialized care. Recent developments include the 2023 establishment of Koon Ao Nang Company Limited, a joint venture with Ekachai Medical Care Public Company Limited (EKH), to build and operate the 36-bed Koon Ao Nang Hospital in Krabi for palliative care and elderly nursing home services on leased land from its subsidiary, with operations slated to commence in the third or fourth quarter of 2025; ongoing construction of the Koon Wattanapat building and upgrades to medical centers; and a 1.2 billion baht investment in land acquisition and development for Wattanapat Phuket Hospital, targeting completion by the third quarter of 2026 amid investments in equipment and facilities driving asset growth.