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Thai-German Products Public Company Limited

Thai-German Products Public Company Limited

TGPRO.BK
Thai-German Products Public Company LimitedTH flagStock Exchange of Thailand
0.02
THB
-0.01
- -
94.39MMarket Cap
Thai-German Products Public Company Limited
TGPRO.BK
(Stock Exchange of Thailand)

Recent

price

0.02

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
0.81
0.89
0.67
0.51
0.67
0.45
0.34
0.35
0.38
0.32
0.34
0.38
0.4
0.33
0.31
0.29
0.31
Revenue per Share
-0.61
0.59
0.06
0.02
0.01
-0.04
- -
- -
- -
-0.04
-0.01
0.02
- -
-0.06
-0.03
-0.03
-0.03
Basic EPS, GAAP
-0.02
0.01
-0.07
-0.09
-0.18
-0.19
-0.14
-0.05
-0.03
0.02
-0.03
0.02
- -
0.05
- -
-0.01
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.41
0.26
0.38
0.43
0.6
0.52
0.51
0.48
0.51
0.44
0.43
0.45
0.45
0.4
0.36
0.33
0.33
Book Value per Share
-0.61
0.27
0.38
0.43
0.63
0.57
0.55
0.51
0.52
0.44
0.43
0.45
0.46
0.4
0.37
0.34
0.33
Tangible Book Value per Share
1,285
1,270
2,051
2,439
2,140
3,127
3,880
4,210
4,388
4,719
4,719
4,719
4,719
4,719
4,719
4,719
4,717
Basic Weighted Avg Shares
1,044
1,127
1,368
1,234
1,444
1,416
1,338
1,482
1,670
1,504
1,583
1,779
1,885
1,558
1,467
1,372
1,441
Sales/Revenue/Turnover
-36.48
-4.72
3.02
-0.12
2.28
-8.1
-2.3
1.97
1.76
-9.64
-1.14
6.53
3.14
-15.21
-8.28
-8.43
-7.77
Operating Margin (%)
83
37
38
42
42
56
68
70
61
63
103
104
111
113
119
119
113
Depreciation Expense
-787
746
125
57
23
-133
4
7
1
-172
-58
84
23
-272
-161
-146
-143
Net Income, GAAP
- -
0.12
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-75.39
66.22
9.1
4.58
1.6
-9.42
0.32
0.44
0.07
-11.41
-3.69
4.74
1.24
-17.49
-11.01
-10.66
-9.93
Profit Margin (%)
-1,368
172
198
56
369
371
468
342
271
108
-169
65
90
-93
-192
-246
-238
Working Capital
2
1
5
5
3
1
330
264
206
183
9
77
15
18
19
12
26
LT Debt
-783
344
790
1,061
1,345
1,796
2,129
2,168
2,266
2,094
2,041
2,125
2,158
1,885
1,724
1,582
1,555
Total Equity
- -
-13.46
6.54
-0.14
2.31
- -
-1.29
1.05
1.02
- -
- -
- -
2.07
- -
- -
- -
- -
Return on Invested Capital (%)
- -
145.8
20.75
6.48
3.02
- -
1.23
1.24
1.17
- -
- -
- -
2.31
- -
- -
- -
- -
Return on Capital (%)
- -
- -
22.52
6.21
1.99
-9.18
0.24
0.33
0.06
-7.93
-2.85
4.08
1.1
-13.59
-9.03
-8.94
-8.9
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
611
651
644
LT Borrowings
18
- -
16
LT Finance Leases
15
12
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,719
4,719
4,719
Market Capitalization
284
237
189

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
759
691
774
Cash, Cash Equivalents & STI
4
4
12
Accounts Receivable, Net
143
107
207
Inventories
581
570
532
Total Current Liabilities
959
938
1,012
Payables & Accruals
309
252
331
ST Debt
611
651
644
Deferred Revenue
27
31
33

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.9%
-4.75%
-8.22%
Free Cash Flow
-254.29%
-408.64%
-497.9%
Net Income, GAAP
-1,654.69%
-326.21%
-9.4%
Sales/Revenue/Turnover
0.19%
-2.27%
-6.44%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
345
329
434
358
1,467
2025
357
367
328
321
1,372
2026
426
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
- -
- -
-0.03
2025
-0.01
- -
-0.01
- -
-0.03
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Thai-German Products Public Company Limited engages in the manufacture and sale of stainless steel products including industrial pipes, tubes, sheets, shafts, and fittings under the TGPRO trademark. The company produces a wide range of stainless steel products such as ornamental tubes (round, square, rectangular); industrial stainless steel pipes used for water pipelines, water treatment plants, chemical pipelines, large equipment structures, starch industry, pulp and paper mills, oil and gas, chemical and petrochemical industries; sanitary tubes for food, beverage, and pharmaceutical sectors; and heat exchanger and boiler tubes serving sugar, ice, power plant, and condenser industries. Additionally, it provides services including coil slitting, coil polishing, sheet cutting, quality checking using spectrometers, and inspection testing such as flattening, flaring, flange, hydrostatic and pneumatic tests. The company also operates sales segments for stereo equipment, telephone equipment, spare parts, and agricultural products including vegetables and seeds. It exports its products to more than 30 countries globally, including the USA, European Union nations, Australia, Brazil, and several countries in Asia. Founded in 1973 and headquartered in Rayong, Thailand, Thai-German Products operates through three key business segments: Stainless Sales and Service, Stereo Sales, and Agricultural Sales. The company serves diverse industries such as petrochemical, pulp and paper, energy production, sugar mills, ice production, automobile manufacturing, and cold storage. Recent significant developments include the company maintaining its position as the first and largest stainless steel tube and pipe producer in Southeast Asia with fully automated laser welding technology and a maximum annual production capacity exceeding 50,000 tons. Thai-German Products has continued to focus on enhancing product quality and expanding its service capabilities in inspection and testing, supporting both domestic and international industrial customers. The company also has subsidiaries including Home Decco Co., Ltd. and World Class Smart Farm Co., Ltd., expanding its footprint into related markets. Financially, Thai-German Products reported ongoing operational activities but continues efforts to improve profitability amid market challenges. The company remains committed to leveraging its technological expertise and strategic product diversification to maintain growth in the stainless steel manufacturing and sales industry in Thailand and the broader international market.