1. Thailand Stocks

  2. •

    Consumer services

  3. •

    Restaurants
Zen Corporation Group Public Company Limited

Zen Corporation Group Public Company Limited

5.40
THB
0.00
(0.00%)
0.24EPS
33.26P/E
1.57BMarket Cap
Nov 17Next Earn
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
6.54
7.19
14.88
17.5
10.66
7.61
7.36
11.28
13.05
13.61
13.24
12.84
Basic EPS, GAAP
0.37
0.3
0.5
0.86
0.36
-0.21
-0.31
0.51
0.53
0.19
0.15
0.16
Free Cash Flow per Basic Share
-0.41
0.46
1.23
0.88
-0.07
0.83
0.61
0.98
0.61
0.91
1.51
1.21
Dividend per Share
- -
- -
1.86
0.76
0.35
0.45
- -
- -
0.16
0.3
0.17
0.1
Book Value per Share
1.77
1.2
1.62
2.08
4.78
4.04
3.74
4.27
4.64
4.54
4.51
4.49
Tangible Book Value per Share
1.62
0.05
0.39
0.87
3.87
3.15
2.77
3.09
3.48
3.39
3.37
3.36
Basic Weighted Avg Shares
300
300
163
163
291
300
300
300
300
299
298
298
Sales/Revenue/Turnover
1,962
2,158
2,425
2,853
3,102
2,284
2,209
3,383
3,915
4,066
3,948
3,823
Operating Margin (%)
7.95
5.93
5.21
6.91
4.23
-2.18
-3.29
7.27
6.49
3.65
3.86
3.9
Depreciation Expense
133
166
174
170
189
399
363
348
385
432
389
379
Net Income, GAAP
110
90
82
140
106
-64
-92
154
158
57
46
47
Effective Tax Rate (%)
20.79
18.91
19.7
18.74
16.74
- -
- -
18.36
16.23
9.16
27.83
26.55
Profit Margin (%)
5.61
4.15
3.37
4.92
3.42
-2.79
-4.15
4.55
4.03
1.4
1.16
1.23
Working Capital
-500
-822
-805
-689
116
-105
-120
-79
-126
-90
79
117
LT Debt
3
2
1
1
- -
778
650
535
669
658
532
449
Total Equity
398
269
366
469
1,434
1,211
1,159
1,346
1,479
1,457
1,464
1,473
Return on Invested Capital (%)
- -
12.23
10.62
14.64
8.56
- -
- -
9.54
8.89
5.13
4.23
4.31
Return on Capital (%)
- -
12.31
10.71
14.79
8.62
- -
- -
7.69
7.22
3.16
2.37
2.35
Return on Common Equity (%)
- -
26.85
25.78
33.62
11.17
-4.81
-7.85
12.81
11.79
4.14
3.4
3.52

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
536
587
566
LT Borrowings
- -
- -
- -
LT Finance Leases
532
490
449
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
298
298
298
Market Capitalization
1,819
1,595
1,565

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,014
1,053
1,029
Cash, Cash Equivalents & STI
371
385
352
Accounts Receivable, Net
100
156
137
Inventories
487
496
530
Total Current Liabilities
935
938
912
Payables & Accruals
348
309
314
ST Debt
536
587
566
Deferred Revenue
26
27
32

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
24.28%
4.14%
0.48%
Free Cash Flow
-151.76%
22.1%
65.47%
Net Income, GAAP
-44.52%
-61.02%
-19.4%
Sales/Revenue/Turnover
8.89%
13.31%
-2.9%
Total Cash Common Dividend
- -
- -
-43.62%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,014
1,012
1,011
1,029
4,066
2025
1,000
1,010
960
977
3,948
2026
922
963
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
- -
0.08
0.06
0.19
2025
0.04
0.04
0.04
0.04
0.15
2026
0.05
0.03
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.3
- -
0.02
0.3
2025
- -
0.19
- -
- -
0.17
2026
- -
0.1
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Sankanon Chirathivat
Full Time Employees
2,386
Sector
Consumer services
Industry
Restaurants
Address
662 Soi Onnuch 17 Bangkok BM Thailand 10250
IPO Date
Feb 20, 2019
Website
zengroup.co.th
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Business
ZEN Corporation Group Public Company Limited (Ticker: ZEN.BK) is a Thailand-based company primarily engaged in the manufacture and sale of air conditioning and refrigeration equipment. Its core products include air conditioning systems, cooling units, ventilation equipment, refrigeration units, and related components and accessories, serving both residential and commercial markets. The company also provides installation, maintenance, and technical support services associated with its product lines. ZEN operates broadly across Thailand, leveraging its manufacturing capabilities and distribution networks to serve domestic customers. Founded in 1983 and headquartered in Bangkok, Thailand, ZEN Corporation Group has developed a robust presence in the HVAC and refrigeration industry. The company targets varied customer segments, including residential customers, commercial establishments, industrial facilities, and institutional clients. As part of its business evolution, ZEN has engaged in strategic initiatives to expand its product portfolio and enhance service offerings, although specific recent corporate changes such as acquisitions, partnerships, or major rebranding activities within the past one to two years are not widely reported in publicly available sources up to late 2025. ZEN Corporation Group remains focused on innovation and the expansion of its HVAC product categories, maintaining a leadership position within Thailand's air conditioning and refrigeration market. It continues to invest in product development and customer service improvements to address growing demand for energy-efficient and environmentally friendly cooling solutions. The company’s operational scope, product diversity, and commitment to technical service underpin its sustained market presence in the ASEAN region.