1. Thailand Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Ziga Innovation Public Co. Ltd.

Ziga Innovation Public Co. Ltd.

1.10
THB
-0.03
(-2.65%)
0.03EPS
30.63P/E
641.48MMarket Cap
Nov 05Next 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
- -
1.85
2.41
1.88
1.58
1.46
1.92
2.17
1.69
1.06
0.76
0.72
0.77
Basic EPS, GAAP
- -
0.19
0.59
0.28
0.08
0.07
0.23
0.39
-0.56
0.06
0.04
0.02
0.03
Free Cash Flow per Basic Share
- -
0.12
0.67
-0.1
-0.48
0.21
-0.23
-0.29
0.21
0.21
0.15
0.03
0.06
Dividend per Share
- -
0.04
0.55
0.26
0.13
0.08
0.04
0.27
- -
- -
- -
- -
- -
Book Value per Share
0.1
0.49
0.61
1.5
1.46
1.45
1.65
1.62
1
1.06
1.1
1.12
1.15
Tangible Book Value per Share
0.09
0.48
0.6
1.49
1.45
1.44
1.64
1.62
1
1.06
1.09
1.12
1.14
Basic Weighted Avg Shares
520
367
381
470
532
520
508
527
678
730
737
737
737
Sales/Revenue/Turnover
- -
680
920
882
841
760
973
1,141
1,146
771
562
533
567
Operating Margin (%)
- -
13.9
31.25
17.84
4.63
3.97
15.7
17.72
-17.18
6.87
6.48
6.64
8.02
Depreciation Expense
- -
33
34
40
25
16
25
33
58
36
36
35
34
Net Income, GAAP
- -
69
226
132
43
35
118
204
-381
42
26
17
21
Effective Tax Rate (%)
- -
17.64
19.96
16.72
16.88
17.17
18.88
14.78
- -
23.36
25.36
32.07
35.35
Profit Margin (%)
- -
10.09
24.58
14.93
5.06
4.64
12.1
17.89
-33.23
5.39
4.63
3.28
3.69
Working Capital
-91
101
154
566
248
371
278
376
252
65
125
134
170
LT Debt
94
60
60
35
15
197
153
157
282
30
5
- -
- -
Total Equity
53
257
315
782
757
753
820
996
710
782
808
826
845
Return on Invested Capital (%)
- -
13.28
38.53
15.77
3.06
2.43
10.27
11.53
- -
4.48
2.9
2.28
2.17
Return on Capital (%)
- -
15.29
42.22
17.33
4.65
4.21
10.91
15.01
- -
5.74
3.26
2.17
2.52
Return on Common Equity (%)
- -
44.32
79.01
23.99
5.53
4.67
14.97
22.5
-44.67
5.57
3.27
2.14
2.51

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
159
127
122
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
737
737
737
Market Capitalization
649
693
641

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
437
414
455
Cash, Cash Equivalents & STI
112
112
109
Accounts Receivable, Net
67
77
71
Inventories
254
221
268
Total Current Liabilities
304
261
285
Payables & Accruals
68
55
91
ST Debt
159
127
122
Deferred Revenue
64
64
64

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.43%
1.67%
2.16%
Free Cash Flow
17.92%
-53.24%
-78.4%
Net Income, GAAP
-5.73%
-78.83%
-32.8%
Sales/Revenue/Turnover
-0.25%
-9.47%
-5.25%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
166
144
127
125
562
2025
146
117
138
131
533
2026
161
137
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Supakit Ngamchitcharoen
Full Time Employees
140
Sector
Non-energy minerals
Industry
Steel
Address
No. 8 Moo. 10 Samut Prakan SP Thailand 10290
IPO Date
Aug 17, 2017
Website
ziga.co.th
Similar Companies
Tata Steel Limited (NSE:TATASTEEL)
JSW Steel Limited (NSE:JSWSTEEL)
Eregli Demir Ve Celik Fabrikalari T.A.S. (BIST:EREGL)
Steel Authority of India Limited (NSE:SAIL)
Kardemir Karabiik Demir celik Sanayi ve Ticaret A.S. Class D (BIST:KRDMD)
Severstal (MOEX:CHMF)
Business
Ziga Innovation Public Company Limited Ziga Innovation Public Company Limited (ZIGA.BK) manufactures and distributes steel conduits and piping products for electrical wiring systems and construction applications in Thailand and for export markets. The company produces DAIWA electrical conduits, DAIWA super conduits, Zuper Ziga conduits, Ziga structural pipes, high micron galvanized coating pipes, steel sheets and coils, galvanized steel pipes, structural rectangular and square tubes, structural lip channel steel, electrical metallic tubing, intermediate metal conduit, and rigid steel conduits; it also engages in cryptocurrency-related business activities. Founded in 1998 and headquartered in Samut Prakan, Thailand, the company, formerly known as Daiwa Industry Company Limited until its name change in February 2016, holds UL (Underwriters Laboratories) certification for international standards and serves construction, real estate, and infrastructure projects domestically and abroad with a focus on safety standards for high-rise buildings. In recent developments, Ziga Innovation maintains operations amid fluctuating financial performance, with 2024 annual results showing revenue of THB 562 million and net income of THB 26 million following a decline in cash equivalents, while participating in ongoing shareholder meetings including the 2025 Annual General Meeting. The company continues to emphasize production expansion capabilities through prior factory investments and upholds trust in major domestic and international projects.