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    Insurance - Life
Thai Life Insurance Public Company Limited

Thai Life Insurance Public Company Limited

TLI.BK
Thai Life Insurance Public Company LimitedTH flagStock Exchange of Thailand
11.70
THB
-0.30
- -
133.97BMarket Cap
Thai Life Insurance Public Company Limited
TLI.BK
(Stock Exchange of Thailand)

Recent

price

11.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
9.22
9.51
1,021.72
10.14
10.21
9.79
9.45
4.7
4.82
4.87
Revenue per Share
0.67
0.63
63.94
0.73
0.79
0.84
0.85
1.17
1.04
1.09
Basic EPS, GAAP
-0.05
-0.05
-3.45
-0.03
-0.12
-0.04
-0.04
-0.02
-0.03
-0.15
Free Cash Flow per Basic Share
0.11
0.13
13.3
0.13
0.21
0.24
0.3
0.5
0.5
- -
Dividend per Share
4.19
4.7
520.52
5.78
6.35
6.81
7.08
7.78
8.33
8.67
Book Value per Share
5.39
5.64
657.74
7.29
8.03
8.82
9.05
10.88
13.42
10.96
Tangible Book Value per Share
10,600
10,600
106
10,600
10,600
10,982
11,450
11,450
11,450
11,438
Basic Weighted Avg Shares
97,694
100,759
108,303
107,478
108,176
107,508
108,186
53,870
55,192
55,658
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
7,107
6,709
6,777
7,692
8,394
9,265
9,707
13,369
11,882
12,466
Net Income, GAAP
20.73
19.39
20.68
19.75
22.29
18.89
19.16
19.9
19.26
19.03
Effective Tax Rate (%)
7.27
6.66
6.26
7.16
7.76
8.62
8.97
24.82
21.53
22.4
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
58,675
60,985
70,413
77,785
86,431
98,068
104,579
125,338
154,514
127,341
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
14.25
12.92
13.21
13.05
13.03
12.45
15.71
12.88
13.11
Return on Capital (%)
- -
14.25
12.92
13.21
13.05
13.03
12.45
15.71
12.88
13.11
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11,450
11,450
11,450
Market Capitalization
122,654
115,133
118,959

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
628,237
621,463
570,770
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
10,883
8,612
5,905
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
14.87%
23.28%
Free Cash Flow
- -
44.34%
29.1%
Net Income, GAAP
- -
10.17%
-11.13%
Sales/Revenue/Turnover
- -
-9.42%
2.45%
Total Cash Common Dividend
- -
34.76%
0.01%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,245
12,629
14,014
33,330
53,870
2025
13,296
14,297
13,990
13,567
55,192
2026
13,804
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.44
0.25
0.28
- -
1.17
2025
0.23
0.32
0.26
- -
1.04
2026
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -
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Business
Thai Life Insurance Public Company Limited (TLI.BK) operates as Thailand's first and largest domestically founded life insurance provider, offering a comprehensive suite of life insurance products and services including basic ordinary life insurance such as endowment, whole life, term life, and annuity products; investment-linked insurance encompassing universal life and unit-linked products; industrial life insurance; and specialized coverages for retirement, savings and tax deductions, children, health, accident, estate planning, elderly care, critical illness, and sustainability. The company also provides ancillary services comprising Thai Life Insurance Hotline, medical second opinion consultations, telemedicine for common illnesses, international claims solutions, and Thai Life Insurance Medicare for 24-hour advance medical expense payments. Products distribute through a leading agency network with nationwide coverage via 21 branches in Bangkok vicinity and 242 upcountry locations as of September 2025, alongside diversified channels including commercial banks, government banks and organizations, leasing and hire-purchase firms, consumer credit companies, telemarketing, group employee benefits, and digital platforms; Thai Life Insurance maintains operations exclusively in Thailand from its headquarters at 123 Ratchadapisek Road, Din Daeng District, Bangkok, having been founded on January 22, 1942, as a subsidiary of V.C. Property Company Limited with strategic collaboration from Meiji Yasuda. Recent developments include the appointment of Mr. Hsi-Ling Yang as Chief Financial Officer and Chief Actuary effective August 16, 2025; robust first-half 2025 results with Value of New Business reaching 4,258 million Baht, up 28.0% year-on-year, net profit of 6,328 million Baht under new accounting standards, and Embedded Value growth of 9.9% to 198,701 million Baht; enhancements to the Thai Life Insurance Mobile Application integrating policy access, coverage information, and healthcare solutions like Telemedicine and Hotline services; launch of the Agency Super Application (TL SMART) featuring an integrated dashboard for agent recruitment, business opportunities, career planning, sales simulations, licensing, and training; and recognition with three Alpha Southeast Asia Awards 2025 for corporate governance, investor relations, and senior management support, alongside SET ESG Ratings "A" achievement and ISO 14064-1:2018 plus Carbon Footprint for Organization certifications affirming sustainability commitments.