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Srivichaivejvivat Public Company Limited

Srivichaivejvivat Public Company Limited

VIH.BK
Srivichaivejvivat Public Company LimitedTH flagStock Exchange of Thailand
8.50
THB
+0.05
- -
5.26BMarket Cap
Srivichaivejvivat Public Company Limited
VIH.BK
(Stock Exchange of Thailand)

Recent

price

8.50

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
2.99
2.69
1.93
1.82
2.19
2.36
3.01
3.44
3.94
4.35
3.99
8.27
6.39
4.79
4.75
5.03
5.07
Revenue per Share
0.18
0.1
0.03
0.1
0.17
0.18
0.27
0.22
0.31
0.35
0.33
2.2
1.22
0.5
0.53
0.72
0.71
Basic EPS, GAAP
0.21
0.07
- -
0.12
-0.06
0.1
0.15
0.09
0.08
0.29
0.21
2.25
0.59
0.18
0.35
0.53
0.61
Free Cash Flow per Basic Share
0.03
0.06
0.05
0.03
0.06
0.02
0.1
0.11
0.12
0.12
0.14
0.12
0.5
0.45
0.19
0.25
0.25
Dividend per Share
1.36
1.7
1.24
1.14
1.31
1.46
1.62
1.71
1.89
2.09
2.27
4.33
5.06
5.1
5.27
5.59
5.74
Book Value per Share
1.63
1.52
1.43
1.3
1.44
1.59
1.65
1.75
1.94
1.84
2.35
4.55
5.27
5.32
5.95
6.38
6.51
Tangible Book Value per Share
320
390
522
609
571
571
571
571
571
571
571
571
571
571
592
609
611
Basic Weighted Avg Shares
958
1,048
1,009
1,107
1,247
1,344
1,719
1,962
2,247
2,481
2,276
4,718
3,646
2,734
2,810
3,062
3,100
Sales/Revenue/Turnover
9.56
5.19
1.6
6.03
7.8
8.14
10.53
7.97
10
10.74
10.93
34.01
24.22
13.21
14.11
17.76
17.65
Operating Margin (%)
76
71
76
86
79
76
95
113
132
149
166
158
170
175
179
186
189
Depreciation Expense
59
39
13
61
94
101
153
125
176
200
186
1,255
697
284
314
436
437
Net Income, GAAP
30.07
27.56
25.67
21.4
19.78
19.86
18.85
16.1
18.23
18.49
17.99
20.69
19.81
19.54
19.93
19.48
19.93
Effective Tax Rate (%)
6.13
3.68
1.32
5.52
7.57
7.55
8.91
6.38
7.86
8.05
8.19
26.61
19.11
10.38
11.19
14.25
14.09
Profit Margin (%)
38
10
48
62
47
32
53
-54
-59
-19
-14
1,191
1,045
919
1,288
1,632
1,743
Working Capital
277
225
125
84
189
196
266
223
192
197
197
188
112
69
58
58
58
LT Debt
522
594
748
793
820
910
1,006
1,063
1,172
1,296
1,404
2,596
3,008
3,037
3,520
3,880
3,979
Total Equity
- -
4.53
1.31
5.54
7.64
7.71
11.48
9.51
12.35
12.99
11.07
50.86
22.41
9.04
9.35
11.53
11.2
Return on Invested Capital (%)
- -
5.72
2.91
8.06
10.61
10.11
13.87
10.92
13.88
13.85
11.8
54.94
23.96
9.5
10.19
13.16
12.76
Return on Capital (%)
- -
7.02
2.03
9.11
13.14
12.88
17.46
13.21
17.21
17.6
14.98
66.64
26
9.79
10.42
13.38
12.98
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
9
9
10
LT Borrowings
- -
- -
- -
LT Finance Leases
60
58
58
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
608
608
618
Market Capitalization
4,777
5,173
5,503

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,899
2,080
2,211
Cash, Cash Equivalents & STI
1,238
1,377
1,500
Accounts Receivable, Net
355
430
431
Inventories
52
57
73
Total Current Liabilities
448
448
468
Payables & Accruals
433
434
453
ST Debt
9
9
10
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.32%
25.57%
10.22%
Free Cash Flow
123.59%
200.14%
52.57%
Net Income, GAAP
59.95%
103.91%
38.74%
Sales/Revenue/Turnover
13%
14.27%
8.95%
Total Cash Common Dividend
69.29%
51.86%
33.5%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
665
679
734
732
2,810
2025
700
725
826
811
3,062
2026
738
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.13
0.15
- -
0.53
2025
0.16
0.16
0.21
- -
0.72
2026
0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.2
- -
- -
0.19
2025
- -
0.25
- -
- -
0.25
2026
- -
- -
- -
- -
- -
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Business
Srivichaivejvivat Public Company Limited (VIH.BK), established in 1993 and headquartered in Krathum Baen, Samut Sakhon, Thailand, operates secondary-level general hospitals under the Vichaivej International Hospital Group, providing comprehensive medical services across four facilities: Vichaivej International Hospital Omnoi, Vichaivej International Hospital Nongkhaem, Vichaivej International Hospital Samutsakhon, and Vichaivej Yeakfaichai Hospital; core offerings encompass orthopedic centers, accident and emergency services, laparoscopic surgery centers, heart and vascular centers, neurology and brain clinics, stroke units, pediatrics, obstetrics and gynecology, urology, gastroenterology and liver clinics, endocrinology, nephrology, iSKY Innovative Skin & Laser Surgery Centers, fertility centers including Akarabut Fertility Center, comprehensive health check-up centers, dental clinics, MRI and interventional radiology, occupational medicine, and offsite health services for enterprises and foreign laborers in Thailand and Myanmar. The company serves non-capitation patients such as general individuals, insurance holders, and workmen's compensation cases alongside capitation groups under social security, universal health coverage, and DRG programs, with primary operations concentrated in greater Bangkok and Samut Sakhon regions. Subsidiaries include Saivichai Development Co., Ltd., Srisakhon Vejavivat Co., Ltd., Bangkok Orthopedic Hospital Co., Ltd., and Srivichai Vocational School Co., Ltd. for caregiver training. Recent developments feature a 2024 capital increase of 57 million baht via rights offering and warrants (VIH-W1) to fund a new tertiary hospital project valued at up to 2,735 million baht through 100%-owned Watthana Vejvivat Co., Ltd., with construction slated for 2025 and phase-one operations in 2026; BBTV Equity Co., Ltd. holds a 20% stake since 2014 to bolster expansion.