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Synnex (Thailand) Public Company Limited

Synnex (Thailand) Public Company Limited

SYNEX-R.BK
Synnex (Thailand) Public Company LimitedTH flagStock Exchange of Thailand
9.15
THB
+0.10
- -
7.75BMarket Cap
Synnex (Thailand) Public Company Limited
SYNEX-R.BK
(Stock Exchange of Thailand)

Recent

price

9.15

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
19.22
24.73
24.64
0.02
22.53
25.39
28.11
38.27
49.58
42.42
37.94
43.77
46.1
43.42
49.4
56.03
55.34
Revenue per Share
0.33
0.46
0.44
- -
0.21
0.42
0.48
0.74
0.94
0.64
0.76
1.02
0.96
0.61
0.74
0.91
0.93
Basic EPS, GAAP
0.1
0.45
-0.29
- -
-1.18
0.71
-0.87
-0.79
-0.12
0.09
4.11
-0.56
-1.47
-0.09
-0.71
0.42
0.1
Free Cash Flow per Basic Share
0.2
0.17
0.18
- -
0.14
0.19
0.29
0.4
0.55
0.47
0.46
0.58
0.7
0.62
0.36
0.44
0.43
Dividend per Share
1.31
1.56
1.8
- -
1.93
2.16
2.35
2.68
3.35
3.3
3.48
3.92
4.18
4.2
4.55
5.03
5.21
Book Value per Share
1.75
2.07
2.37
- -
2.51
2.73
2.92
3.26
3.99
3.9
4.09
4.62
4.81
4.8
5.21
5.67
5.84
Tangible Book Value per Share
812
818
835
844,954
847
847
847
847
770
821
847
847
847
841
848
846
859
Basic Weighted Avg Shares
15,600
20,238
20,576
18,759
19,092
21,514
23,823
32,426
38,196
34,804
32,149
37,085
39,061
36,534
41,904
47,393
47,545
Sales/Revenue/Turnover
2.21
2.65
2.13
2.04
0.9
1.73
1.93
1.97
1.96
1.42
1.73
2.12
2.19
1.54
1.61
1.57
1.57
Operating Margin (%)
42
45
42
42
43
41
38
41
43
46
51
49
46
48
53
50
51
Depreciation Expense
271
377
371
222
182
359
407
624
721
524
642
860
816
513
628
770
803
Net Income, GAAP
26.91
26.79
23.22
19.7
19.43
20.78
19.86
18.82
19.28
18.65
16.63
18.27
19.92
20.76
16.7
16.99
16.93
Effective Tax Rate (%)
1.74
1.86
1.81
1.18
0.95
1.67
1.71
1.92
1.89
1.51
2
2.32
2.09
1.41
1.5
1.62
1.69
Profit Margin (%)
1,157
1,306
1,703
1,674
1,750
1,937
2,342
2,291
2,366
2,120
2,379
2,721
2,832
2,363
2,380
2,499
2,706
Working Capital
129
- -
78
38
18
- -
333
372
161
- -
14
8
688
471
253
75
54
LT Debt
1,423
1,692
1,977
2,057
2,130
2,316
2,483
2,773
3,085
3,213
3,471
3,941
4,105
4,079
4,451
4,823
5,046
Total Equity
9.94
14.4
11.41
11
4.59
8.51
8.76
8.88
8.37
4.97
6.65
10.38
8.24
4.45
5.07
5.12
5.41
Return on Invested Capital (%)
13.69
18.08
16.04
9.51
7.06
11.36
11.06
12.58
11.46
7.69
10.4
15.72
11.3
6.64
7.43
7.82
8.44
Return on Capital (%)
26.84
32.24
26.77
14.45
11.36
20.72
21.32
29.28
29.74
19.83
22.72
27.47
23.8
14.52
16.98
18.96
18.83
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
6,787
7,356
6,721
LT Borrowings
90
66
46
LT Finance Leases
10
9
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
847
847
847
Market Capitalization
10,153
8,561
8,075

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14,023
14,004
13,633
Cash, Cash Equivalents & STI
136
90
91
Accounts Receivable, Net
6,883
7,026
6,911
Inventories
5,010
4,798
4,717
Total Current Liabilities
11,607
11,505
10,928
Payables & Accruals
4,821
4,142
4,206
ST Debt
6,787
7,356
6,721
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.68%
6.91%
8.35%
Free Cash Flow
455.96%
97.92%
-158.42%
Net Income, GAAP
11.42%
7.34%
22.63%
Sales/Revenue/Turnover
9.01%
8.4%
13.1%
Total Cash Common Dividend
12.25%
3.13%
22.24%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,605
9,969
10,762
11,568
41,904
2025
11,160
11,655
12,116
12,463
47,393
2026
11,312
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.19
0.2
- -
0.74
2025
0.22
0.22
0.23
- -
0.91
2026
0.26
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.26
0.1
- -
0.36
2025
- -
0.33
0.1
- -
0.44
2026
- -
- -
- -
- -
- -
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Business
Synnex (Thailand) Public Company Limited Synnex (Thailand) Public Company Limited is a leading distributor of information technology products in Thailand, offering computers, computer peripherals, software, information technology systems, computer consumables, and communication devices from over 50 world-recognized brands including Huawei, Intel, and Autodesk; the company also provides retail and online platform services, computer system repair and maintenance, training services, and computer accessories to customers such as computer retailers, wholesalers, software solutions providers, manufacturers, department stores, superstores, and stationary shops. Founded in 1988 as Compex (Thailand) Company Limited, it became Synnex (Thailand) Company Limited in 2002 following investment from Taiwan's Synnex Group, transitioned to a public company in 2007, and listed on the Stock Exchange of Thailand in 2008, with headquarters located in Bangkok. The company operates primarily in Thailand through a nationwide network of over 6,000 distribution channels and after-sales service centers, serving consumer, commercial, communication, and enterprise segments with products like client devices, workstations, servers, storage, networks, IoT solutions, cloud services, security systems, gaming gear, drones, and smart devices. In recent developments, Synnex (Thailand) has undergone a strategic transformation into a total technology solutions provider, emphasizing AI-powered devices and backend services to meet demand in consumer and commercial markets; it separated its Enterprise Solutions into a distinct unit, secured sole distributor rights for Autodesk software, became a selected partner for Amazon Web Services cloud solutions, earned Huawei's 2024 Global Core Partner and Outstanding Service awards, and targets revenue growth to at least 45 billion baht in 2025 supported by PC replacement cycles, smartphone sales, public projects, surveillance demand, and AI-integrated systems including upcoming iPhone 16 distribution.