Vanachai Group PCL (BKK:VNG)

Vanachai Group PCL Financials Overview

Financials in millions THB. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	10,738	11,300	13,540	14,148	13,138	12,988
Revenue Growth	-20.17%	-16.54%	-4.30%	7.69%	1.15%	56.08%
Gross Profit Gross Profit Growth	645.67	930.16	1,844	2,326	2,584	3,241
Operating Income Operating Income Growth	-624.14	-374.2	331.15	444.62	1,028	1,625
Net Income Net Income Growth	-808.86	-601.72	230.2	26.66	716.69	1,294
Earnings Per Share EPS Growth	-0.46	-0.35	0.13	0.02	0.41	0.75
EPS Growth	-	-	763.52%	-96.28%	-44.60%	-

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Eliminated Eliminated Growth	-2,901	-3,044	-3,540	-3,639	-3,804	-2,549
Other Other Growth	507.99	518.63	576	573.89	511.13	108
MDF Board, Particle Board and Door Skin MDF Board, Particle Board and Door Skin Growth	11,325	11,905	14,200	14,745	13,844	13,314
Glue Section Glue Section Growth	1,806	1,921	2,304	2,256	2,329	1,872
Total Total Growth	10,738	11,300	13,540	14,148	13,138	12,988

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	562.24	590.51	1,245	636.5	1,356	1,483
Total Debt Total Debt Growth	9,652	9,490	8,289	8,973	10,114	10,294
Net Cash (Debt) Net Cash Growth	-9,090	-8,900	-7,044	-8,336	-8,758	-8,811
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-5.16	-5.13	-4.06	-4.80	-5.05	-5.08

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	342.2	196.06	2,361	1,411	1,866	2,417
Capital Expenditures CapEx Growth	-1,737	-1,595	-454.91	-494.5	-795.07	-816.04
Free Cash Flow Free Cash Flow Growth	-1,394	-1,399	1,906	916.38	1,071	1,601
Free Cash Flow Growth	-	-	108.01%	-14.43%	-33.12%	-

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	6.01%	8.23%	13.62%	16.44%	19.67%	24.95%
Operating Margin	-5.81%	-3.31%	2.45%	3.14%	7.83%	12.51%
Pretax Margin	-8.02%	-5.56%	2.29%	0.80%	6.37%	10.25%
Profit Margin	-7.53%	-5.33%	1.70%	0.19%	5.46%	9.96%
FCF Margin	-12.99%	-12.38%	14.08%	6.48%	8.15%	12.33%

Dividends

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Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.100	0.020	0.200	0.400
Dividend Per Share Growth	400.00%	-90.00%	-50.00%	-
Dividend Yield	3.31%	0.56%	3.73%	5.76%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 11, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	-	-	23.22	242.14	13.80	10.46
Forward PE	-	6.59	6.59	6.59	6.48	26.58
P/FCF Ratio	-	-	2.80	7.04	9.24	8.45
PS Ratio	0.33	0.27	0.40	0.46	0.75	1.04

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 11, 2026

Data Sources Report a data error