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Golden Lime Public Company Limited

Golden Lime Public Company Limited

SUTHA.BK
Golden Lime Public Company LimitedTH flagStock Exchange of Thailand
2.74
THB
-0.02
- -
992.96MMarket Cap
Golden Lime Public Company Limited
SUTHA.BK
(Stock Exchange of Thailand)

Recent

price

2.74

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
3.67
3.75
3.78
3.07
2.62
3.02
3.69
3.23
3.69
3.93
4.89
4.03
3.74
3.58
3.6
Revenue per Share
- -
0.49
0.44
0.45
0.32
0.23
0.23
0.28
0.02
0.69
0.17
0.29
0.13
0.17
-0.03
- -
Basic EPS, GAAP
- -
0.47
0.79
0.3
0.03
0.47
0.18
0.29
0.95
0.37
0.05
0.41
0.31
0.25
-0.07
0.2
Free Cash Flow per Basic Share
- -
0.17
0.69
0.24
0.3
0.38
0.24
0.25
0.36
0.28
0.13
- -
- -
0.16
0.07
0.07
Dividend per Share
- -
1.46
1.18
1.4
1.33
1.17
1.18
1.21
0.87
1.28
1.33
1.63
1.69
1.65
1.55
1.65
Book Value per Share
- -
1.51
1.27
2.18
2.07
1.89
1.89
1.27
0.94
1.36
1.42
1.73
2.31
2.27
2.18
1.44
Tangible Book Value per Share
- -
227
227
283
302
302
302
302
302
302
302
303
355
362
362
362
Basic Weighted Avg Shares
- -
833
851
1,071
927
791
912
1,113
973
1,113
1,186
1,478
1,428
1,355
1,298
1,306
Sales/Revenue/Turnover
- -
16.96
15.15
13.58
11.13
8.47
8.66
9.99
4.52
6.11
6.08
5.94
7.08
8.63
2.39
3.09
Operating Margin (%)
- -
66
86
90
90
99
85
112
122
140
147
137
124
126
128
128
Depreciation Expense
- -
112
101
128
97
68
71
85
7
207
51
89
46
62
-9
-1
Net Income, GAAP
- -
9.01
7.32
8.03
11.72
10.15
14.88
15.02
59.89
3.14
- -
- -
26.35
22.88
- -
110.62
Effective Tax Rate (%)
- -
13.45
11.85
11.94
10.43
8.59
7.76
7.6
0.74
18.61
4.32
6.03
3.23
4.58
-0.7
-0.06
Profit Margin (%)
-1
25
-47
238
162
121
38
-6
-193
-67
-409
-384
-100
-112
-163
-159
Working Capital
159
151
113
50
74
90
59
319
192
667
277
201
185
109
137
101
LT Debt
270
343
287
618
626
579
581
590
487
610
626
718
1,011
1,013
978
1,017
Total Equity
- -
19.51
17.15
17.82
10.95
7.34
8.05
8.55
1.4
4.33
- -
- -
4.04
4.9
- -
-0.23
Return on Invested Capital (%)
- -
20.71
18.48
23.01
17.21
12.13
12.09
11.42
1.69
18.31
- -
- -
4.9
6.31
- -
-0.29
Return on Capital (%)
- -
37.68
33.67
38.43
24.26
18.02
19.93
23.43
2.28
63.89
13.02
19.97
8.45
10.38
-1.57
-0.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
826
814
763
LT Borrowings
105
90
45
LT Finance Leases
33
47
56
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
362
362
362
Market Capitalization
913
920
819

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
911
831
801
Cash, Cash Equivalents & STI
25
45
31
Accounts Receivable, Net
162
187
221
Inventories
655
550
501
Total Current Liabilities
1,003
994
960
Payables & Accruals
165
168
185
ST Debt
826
814
763
Deferred Revenue
8
7
9

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.71%
10.97%
-3.41%
Free Cash Flow
224.67%
87.61%
-127.46%
Net Income, GAAP
256.3%
-25.89%
-114.67%
Sales/Revenue/Turnover
4.3%
3.71%
-4.16%
Total Cash Common Dividend
- -
- -
-56.26%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
416
324
321
294
1,355
2025
373
307
295
322
1,298
2026
381
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.05
0.03
- -
0.17
2025
0.08
0.05
-0.02
- -
-0.03
2026
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.08
- -
- -
0.16
2025
- -
0.04
0.03
- -
0.07
2026
- -
- -
- -
- -
- -
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Business
Golden Lime Public Company Limited manufactures and distributes industrial chemical products and related materials primarily in Thailand and internationally. Its core product portfolio includes calcium oxide (quicklime), calcium hydroxide (hydrated lime), calcium carbonate, lime, dolime (calcium magnesium oxide), and other related chemical products. The company also engages in the mining, production, and distribution of marble products, limestone, and related by-products. Additionally, Golden Lime designs, assembles, supplies, and installs machinery and equipment, including lime and limestone conveyor systems, EOD kiln installations, and fuel-burning systems. The company offers engineering consulting services, packing, transportation, and logistics to support its product offerings. It serves a wide range of industries including iron and steel, non-ferrous metals, water and waste treatment, construction, civil engineering, cement and mortar, concrete, flue gas cleaning, animal feed, sugar, agriculture, chemicals, plastics, and rubber. In recent major developments, Golden Lime has seen strategic expansion through acquisitions and capacity enhancement projects. Notably, it acquired Thai Marble Corporation Limited in 2020, a company operating marble product production and distribution, with limestone and marble quarry concessions. In 2022, Golden Lime approved asset acquisition and addition of 1 MW solar farm capacity linked to its operations at Chong Sarika. More recently, in 2024, the company postponed the planned expansion of lime kiln production capacity due to changing market demand and strategic reassessment, while advancing a significant investment project to double calcium carbonate production capacity from 60,000 tons to 120,000 tons with new machinery and processes expected operational by 2025. In 2025, Carmeuse and partner GP Group acquired a 45% stake in Golden Lime, marking a notable shift in ownership structure. The company continues to reinforce its operational resilience and output capability in response to market conditions. Founded in 2003, Golden Lime is headquartered in Nonthaburi, Thailand. It operates through subsidiaries including Golden Lime Engineering Co., Ltd., which focuses on engineering design and machinery installation. The company operates primarily in Thailand but serves customers internationally across multiple industrial sectors. Golden Lime is a subsidiary of CE Lime (Thailand) Limited and has maintained a diverse product and service portfolio encompassing chemical manufacturing, mining, engineering consulting, and logistics. These offerings position the company as a key player in industrial chemicals and related sectors within Southeast Asia. This comprehensive profile reflects Golden Lime’s core products, recent strategic movements including acquisitions, production capacity projects, and its broad industry service coverage aligned to meet evolving market demands.