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Union Petrochemical Public Company Limited

Union Petrochemical Public Company Limited

UKEM.BK
Union Petrochemical Public Company LimitedTH flagStock Exchange of Thailand
1.07
THB
-0.02
- -
1.16BMarket Cap
Union Petrochemical Public Company Limited
UKEM.BK
(Stock Exchange of Thailand)

Recent

price

1.07

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
2.58
3.29
3.62
3.53
34.06
2.45
2.3
2.46
2.59
2.29
2.06
2.36
2.65
2.43
2.9
2.43
2.46
Revenue per Share
0.08
0.15
0.11
0.06
0.59
0.06
0.12
0.1
0.03
0.06
0.08
0.1
-0.06
0.01
0.01
0.05
0.13
Basic EPS, GAAP
-0.13
-0.13
0.07
0.14
0.1
0.27
0.09
-0.07
0.01
0.21
0.2
-0.22
0.13
-0.03
-0.13
0.19
0.18
Free Cash Flow per Basic Share
0.02
0.03
0.07
0.04
0.2
0.02
0.01
0.03
0.05
0.01
0.02
0.05
0.11
0.01
0.01
0.01
0.01
Dividend per Share
0.35
0.45
0.5
0.52
5.49
0.53
0.63
0.71
0.68
0.73
0.78
0.79
0.65
0.6
0.57
0.62
0.76
Book Value per Share
0.41
0.63
0.7
0.73
7.92
0.77
0.91
1.04
1.04
1.09
0.99
0.99
0.87
0.7
0.68
0.74
0.83
Tangible Book Value per Share
990
990
1,000
1,027
110
1,236
1,236
1,236
1,236
1,236
1,236
1,216
1,162
1,162
1,105
1,084
1,084
Basic Weighted Avg Shares
2,554
3,260
3,615
3,624
3,749
3,029
2,838
3,039
3,204
2,827
2,543
2,868
3,074
2,828
3,202
2,631
2,666
Sales/Revenue/Turnover
3.86
6.5
4.9
3.88
3.31
4.07
7.53
6.85
3.17
5.39
5.13
6.31
-1.25
0.76
0.96
2.97
6.76
Operating Margin (%)
21
22
22
18
21
16
18
22
20
20
43
39
45
32
34
33
39
Depreciation Expense
82
151
113
67
64
75
143
126
37
70
97
116
-71
6
6
54
139
Net Income, GAAP
23.5
22.23
24.99
22.65
21.99
24.64
21.28
20.94
20.19
21.47
23.1
20.69
- -
80.93
18.17
18.34
19.91
Effective Tax Rate (%)
3.22
4.64
3.11
1.84
1.72
2.49
5.05
4.14
1.15
2.48
3.82
4.05
-2.31
0.23
0.2
2.07
5.21
Profit Margin (%)
201
429
505
550
631
693
829
938
930
951
835
870
904
597
304
270
369
Working Capital
5
1
- -
1
1
1
1
2
2
2
55
35
28
31
34
20
23
LT Debt
408
627
701
748
877
962
1,126
1,296
1,295
1,354
1,221
1,211
1,010
820
753
798
898
Total Equity
10.34
16.16
10.32
7.84
6.58
6.14
10.82
9.64
4.37
6.29
5.47
7.77
- -
0.26
1.75
4.35
9.73
Return on Invested Capital (%)
13.41
16.95
9.04
4.81
3.58
3.55
7.7
5.54
0.08
1.8
5.82
7.57
- -
0.75
1.93
4.89
10.87
Return on Capital (%)
26.04
38.11
23.64
12.88
11.36
11.96
19.93
15.21
4.28
8.04
10.42
12.09
-8.27
0.89
0.94
8.35
18.99
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
673
654
553
LT Borrowings
- -
- -
- -
LT Finance Leases
19
20
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,084
1,084
1,084
Market Capitalization
791
629
1,019

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,167
1,114
1,257
Cash, Cash Equivalents & STI
249
266
176
Accounts Receivable, Net
570
493
689
Inventories
289
300
333
Total Current Liabilities
892
844
888
Payables & Accruals
214
188
325
ST Debt
673
654
553
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.16%
-7.69%
5.95%
Free Cash Flow
133.71%
-74.08%
-248.51%
Net Income, GAAP
65.05%
102.83%
767.74%
Sales/Revenue/Turnover
-0.82%
1.48%
-17.82%
Total Cash Common Dividend
35.08%
39.43%
-3.42%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
830
856
724
792
3,202
2025
748
699
592
593
2,631
2026
782
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
-0.01
-0.01
- -
0.01
2025
0.01
0.01
0.02
- -
0.05
2026
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
- -
- -
0.01
2025
- -
0.01
- -
- -
0.01
2026
- -
- -
- -
- -
- -
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Business
Union Petrochemical Public Company Limited (UKEM.BK) imports and distributes industrial chemicals, solvents and plastics primarily in Thailand. The company operates through three segments comprising Commodity Chemicals, Specialty Chemicals and Other, offering commodity solvents including oxygenated products such as alcohols, glycols, ketones, esters and glycol ethers; ExxonMobil chemical performance fluids encompassing hydrocarbons like aromatics, non-dearomatized, dearomatized and isoparaffins; liquid monomers; branched alcohols and neo acids including fatty alcohols and acids; polypropylene homo polymers for injection, raffia, film and nonwoven grades as well as block copolymers and performance polymers; other plastics such as polyethylene terephthalate, biodegradable plastic, bio-plastic and low density polyethylene resin; blended solvents including Solvent 532, Solvent 631 and custom blends; plastic pellets; lubricants; and additional products like computer equipment, refinery and power plant equipment, pharmaceutical and medical products, fragrances, skin-care cosmetics, supplements and coconut food processing items. It provides value-added services including import risk management, transport and delivery, inventory management, dedicated sales representatives, market intelligence, demand forecasting, documentation support, technical assistance and custom solutions; alongside computer system services and short-term credit facilities for car sales. Founded in 1981 and headquartered at 728 Union House Building, Boromratchonnani Road, Bang Bamru, Bang Phlad, Bangkok 10700, Thailand, the company maintains terminals in Samut Prakan and Chon Buri to support operations in domestic industrial markets including paints, packaging, printing inks and cleaning agents. Recent investments include Union Laemchabang Terminal (ULT) as a distribution center with in-land tank, terminal and blending facilities in Rojana Industrial Estate to bolster Eastern Economic Corridor support; and a partnership with Toyota Chemical Industry Co., Ltd. and JFE Shoji Electronics Corporation (JSE) to establish UTJ Green Solutions (Thailand) Co., Ltd., a solvent recycling venture in Gateway City Industrial Estate. The company promotes eco-friendly green solvents, value-added blending and repackaging services, and technology adoption for inventory and procurement amid global supply chain shifts and trade challenges.