Siamgas and Petrochemicals Public Company Limited

Siamgas and Petrochemicals Public Company Limited

SGP-R.BK
Siamgas and Petrochemicals Public Company LimitedTH flagStock Exchange of Thailand
9.20
THB
+0.05
- -
16.91BMarket Cap
Siamgas and Petrochemicals Public Company Limited
SGP-R.BK
(Stock Exchange of Thailand)

Recent

price

9.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.89
20.62
25.75
35.38
33.6
31.6
26.2
32.18
37.28
36.49
29.99
42.77
55.56
49.29
45.78
40.11
41.55
Revenue per Share
1
0.54
0.45
0.87
-0.28
0.61
0.61
1.53
0.47
0.74
1.12
2.07
0.58
0.55
0.72
- -
0.76
Basic EPS, GAAP
-0.22
-1.87
-1.03
0.44
1.34
0.83
0.85
0.57
-1.9
0.95
0.46
-0.5
1.36
-1.79
-2.84
2.53
0.99
Free Cash Flow per Basic Share
0.25
0.23
0.23
0.18
0.33
0.2
0.24
0.43
0.75
0.3
0.35
0.66
1.03
0.32
0.3
0.3
0.1
Dividend per Share
2.25
2.78
3
3.7
3.08
3.49
3.87
4.98
4.7
5.13
5.94
7.41
7
7.25
7.66
7.36
8.11
Book Value per Share
2.36
2.65
2.82
3.96
3.59
4.38
4.42
5.27
4.65
4.95
5.48
7.61
7.13
7.15
7.81
7.07
8.26
Tangible Book Value per Share
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,838
1,858
Basic Weighted Avg Shares
21,861
37,907
47,337
65,021
61,759
58,082
48,161
59,152
68,522
67,077
55,124
78,604
102,117
90,599
84,151
73,722
77,214
Sales/Revenue/Turnover
8.13
2.77
2.42
1.7
-0.63
2.64
3.03
5.95
1.1
2.63
4.3
5.53
0.97
1.99
2.66
0.88
2.92
Operating Margin (%)
460
723
829
1,017
1,089
1,076
1,176
1,230
1,138
1,007
1,280
1,355
1,413
1,382
1,373
1,703
1,732
Depreciation Expense
1,832
994
824
1,602
-514
1,116
1,119
2,811
871
1,360
2,062
3,809
1,070
1,018
1,319
9
1,414
Net Income, GAAP
23.4
25.53
28.75
11.36
- -
16.46
8.45
18.91
14.82
17.77
13.24
15.5
21.92
22.72
18.9
75.11
21.37
Effective Tax Rate (%)
8.38
2.62
1.74
2.46
-0.83
1.92
2.32
4.75
1.27
2.03
3.74
4.85
1.05
1.12
1.57
0.01
1.83
Profit Margin (%)
-856
-1,336
325
-536
-1,963
-277
1,215
2,792
608
-895
3,510
2,981
2,078
5,195
7,299
-1,028
-1,152
Working Capital
2,201
3,516
5,265
3,778
3,335
3,669
5,883
6,451
6,950
8,240
13,056
9,837
9,231
12,608
18,463
12,911
11,218
LT Debt
6,102
7,056
7,321
9,084
8,369
9,775
9,800
11,308
10,129
11,889
12,864
16,793
15,880
15,914
17,122
15,752
18,100
Total Equity
15.57
5.29
4.23
4.63
- -
6.4
6.78
13.83
2.65
5.36
7.11
11.12
2.21
3.76
4.29
0.39
4.25
Return on Invested Capital (%)
27.77
10.49
6.64
10.44
- -
8.4
8.65
17.3
5.75
6.92
9.34
13.81
4.96
5.39
5.53
0.7
5.94
Return on Capital (%)
48.48
21.51
15.51
26.04
-8.26
18.48
16.54
34.56
9.79
15.05
20.26
31.03
8.08
7.77
9.63
0.06
9.66
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8,812
9,819
11,849
LT Borrowings
14,625
12,254
10,554
LT Finance Leases
665
657
664
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,838
1,838
1,838
Market Capitalization
12,231
14,439
15,053

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14,685
12,890
18,167
Cash, Cash Equivalents & STI
3,529
3,580
4,186
Accounts Receivable, Net
4,413
3,921
5,491
Inventories
5,467
3,814
7,508
Total Current Liabilities
14,125
13,918
19,319
Payables & Accruals
4,680
3,640
6,927
ST Debt
8,812
9,819
11,849
Deferred Revenue
454
301
351

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.57%
4.98%
-8%
Free Cash Flow
-161.09%
-188.78%
-189.22%
Net Income, GAAP
12.84%
-12.37%
-99.35%
Sales/Revenue/Turnover
4.34%
8.34%
-12.39%
Total Cash Common Dividend
19.77%
13.74%
-0.36%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23,261
20,917
19,775
20,199
84,151
2025
19,609
16,616
18,964
18,534
73,722
2026
23,100
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
-0.01
0.23
- -
0.72
2025
0.07
-0.3
-0.12
- -
- -
2026
0.83
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.15
- -
0.3
2025
- -
- -
0.1
- -
0.3
2026
- -
- -
- -
- -
- -
Business
Siamgas and Petrochemicals Public Company Limited operates as a leading LPG distributor and petrochemical company based in Bangkok, Thailand. Founded in 1976, the company engages in a diversified range of energy-related businesses including LPG and petrochemical trading, LPG and petrochemical transportation, LPG cylinder and autogas tank manufacturing, oil retail, and container terminal services. The company operates principally in Thailand, where it is the second largest LPG trader, selling LPG under the brands "SIAMGAS" and "UNIQUEGAS," and extends its operations across East Asia including China, Singapore, Malaysia, Vietnam, Laos, and Myanmar with additional LPG brands like "SGGAS," "SINGGAS," and "MYGAZ." Siamgas and Petrochemicals' core business segments include LPG distribution in cylinders for household, industrial, and automotive use; land transportation through a fleet of over 400 LPG and oil road tankers; marine transportation with over 20 LPG tanker vessels including three very large gas carriers (VLGCs); LPG cylinder manufacturing under the Siam Quality Steel (SQS) brand with an annual production capacity of 750,000 cylinders; and the operation of oil terminals and deep-sea ports, notably Siam Tank Terminal in Thailand. The company also invests in power generation, operating a 230 MW combined cycle power plant and a 10 MW diesel power plant in Myanmar. Recent major changes include the commissioning of a new LPG terminal facility, Sukasawat Terminal, in Thailand in 2024; a strategic investment expansion into power plants in Myanmar; acquisition of a liquid tank farm and deep-sea port facility in Thailand; and the acquisition of LINH Gas Cylinder Co., Ltd., an LPG cylinder manufacturer in Thailand. In 2022, the company acquired Prasansack Gas Sole Co., Ltd., expanding its LPG trading business into Laos. The company continues to integrate vertically and expand its supply chain and distribution infrastructure to strengthen market presence. As of the third quarter of 2025, Siamgas has maintained significant market shares in its core Thailand LPG market and its overseas trading business while adapting to LPG price fluctuations and market demand shifts. Siamgas and Petrochemicals trades primarily in LPG and petrochemical products and operates comprehensive logistics services covering land and marine transportation. It serves multiple customer sectors including household, automotive, and industrial clients across its geographic footprint in Southeast and East Asia. The company is headquartered in Bangkok with extensive terminal, depot, and filling plant networks throughout Thailand and beyond, supporting its broad product and service offerings. Siamgas and Petrochemicals is publicly listed on the Stock Exchange of Thailand under ticker SGP and is a major player in the regional energy supply chain with a robust infrastructure platform and diversified business model.