Starflex Public Company Limited - SFLEX.BK - Fundamentals

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Breakdown	2015 12/31	2016 12/31	2017 12/31	2018 12/31	2019 12/31	2020 12/31	2021 12/31	2022 12/31	2023 12/31	2024 12/31	2025 12/31	TTM
REVENUE	1,138	1,170	1,338	1,361	1,256	1,398	1,677	1,669	1,795	1,869	1,963	2,008	📊
Revenue Growth (1Y)	--	+2.85%	+14.31%	+1.74%	-7.75%	+11.34%	+19.96%	-0.49%	+7.53%	+4.15%	+5.02%	+2.32%	📊
Revenue Growth (5Y)	--	--	--	--	+10.34%	+19.45%	+25.36%	+22.60%	+42.92%	+33.69%	+17.04%	+19.75%	📊
Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+64.24%	+67.71%	+71.60%	📊
Cost of Revenue	1,019	1,010	1,051	1,063	1,037	1,094	1,414	1,458	1,365	1,408	1,508	1,497	📊
Cost of Revenue Growth (1Y)	--	-0.93%	+4.14%	+1.07%	-2.41%	+5.47%	+29.28%	+3.11%	-6.39%	+3.15%	+7.13%	-0.72%	📊
Cost of Revenue Growth (5Y)	--	--	--	--	+1.76%	+8.34%	+34.49%	+37.20%	+31.60%	+28.70%	+6.65%	+5.88%	📊
Cost of Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+38.13%	+49.37%	+48.30%	📊
Gross Profit	119	161	286	298	219	304	263	211	430	461	455	511	📊
Gross Profit Growth (1Y)	--	+35.26%	+78.13%	+4.21%	-26.78%	+39.21%	-13.52%	-19.85%	+103.84%	+7.33%	-1.42%	+12.40%	📊
Gross Profit Growth (5Y)	--	--	--	--	+83.84%	+89.21%	-8.15%	-29.35%	+96.68%	+51.64%	+72.87%	+94.30%	📊
Gross Profit Growth (10Y)	--	--	--	--	--	--	--	--	--	+288.08%	+182.85%	+217.92%	📊
Operating Expenses	90	103	89	113	111	131	102	144	197	165	215	224	📊
Operating Expenses Growth (1Y)	--	+14.79%	-13.60%	+27.39%	-2.10%	+17.74%	-21.72%	+40.44%	+37.18%	-16.01%	+29.99%	+4.15%	📊
Operating Expenses Growth (5Y)	--	--	--	--	+23.69%	+26.87%	+14.95%	+26.73%	+77.58%	+26.68%	+110.35%	+119.07%	📊
Operating Expenses Growth (10Y)	--	--	--	--	--	--	--	--	--	+84.49%	+108.92%	+117.58%	📊
Sell General Administrative	90	103	103	126	127	146	152	170	223	195	215	234	📊
Research and Development	0	0	0	0	0	0	0	0	0	0	0	--	📊
Other Income Expenses	0	0	14	-13	-16	-15	-50	-27	-26	-30	0	-10	📊
EBITDA	71	106	230	221	150	234	222	124	291	386	310	358	📊
EBITDA Growth (1Y)	--	+50.06%	+117.55%	-4.12%	-32.11%	+55.99%	-4.87%	-44.35%	+135.10%	+32.58%	-19.55%	+15.33%	📊
EBITDA Growth (5Y)	--	--	--	--	+112.51%	+120.92%	-3.40%	-43.93%	+94.15%	+65.02%	+39.55%	+60.95%	📊
EBITDA Growth (10Y)	--	--	--	--	--	--	--	--	--	+447.04%	+193.29%	+238.25%	📊
Depreciation and Amortization	37	37	33	36	41	59	62	57	58	66	71	71	📊
Operating Income	29	58	197	185	108	174	161	68	233	296	240	287	📊
Operating Income Growth (1Y)	--	+98.09%	+241.32%	-6.23%	-41.88%	+61.34%	-7.40%	-57.94%	+244.31%	+27.07%	-18.98%	+19.81%	📊
Operating Income Growth (5Y)	--	--	--	--	+268.46%	+200.11%	-18.58%	-63.48%	+116.37%	+70.41%	+49.10%	+78.63%	📊
Operating Income Growth (10Y)	--	--	--	--	--	--	--	--	--	+913.05%	+314.36%	+396.43%	📊
Interest Expense	0	0	16	14	14	5	4	3	10	35	31	28	📊
Pre Tax Income	16	47	183	171	95	171	157	65	223	285	241	268	📊
Tax Provision	4	13	37	35	16	28	7	10	39	4	-3	2	📊
NET INCOME	13	33	147	136	79	143	149	55	184	281	243	266	📊
Net Income Growth (1Y)	--	+163.87%	+340.53%	-7.17%	-42.24%	+81.65%	+4.63%	-63.14%	+234.58%	+52.38%	-13.37%	+9.26%	📊
Net Income Growth (5Y)	--	--	--	--	+523.20%	+329.03%	+1.90%	-59.54%	+134.37%	+96.60%	+62.79%	+77.86%	📊
Net Income Growth (10Y)	--	--	--	--	--	--	--	--	--	+2125.70%	+630.75%	+698.41%	📊
Basic EPS	0.01	0.02	0.29	0.23	0.13	0.17	0.18	0.07	0.23	0.36	0.32	0.37	📊
Diluted EPS	0.01	0.02	0.18	0.23	0.13	0.17	0.18	0.07	0.23	0.36	0.32	0.37	📊
Basic Average Shares	1,640	1,640	505	592	610	820	820	820	801	776	767	743	📊
Diluted Average Shares	1,640	1,640	820	592	610	820	820	820	796	776	767	743	📊

Breakdown

2015

12/31

2016

12/31

2017

12/31

2018

12/31

2019

12/31

2020

12/31

2021

12/31

2022

12/31

2023

12/31

2024

12/31

2025

12/31

TTM

REVENUE

1,138

1,170

1,338

1,361

1,256

1,398

1,677

1,669

1,795

1,869

1,963

2,008

📊

Revenue Growth (1Y)

+2.85%

+14.31%

+1.74%

-7.75%

+11.34%

+19.96%

-0.49%

+7.53%

+4.15%

+5.02%

+2.32%

📊

Revenue Growth (5Y)

+10.34%

+19.45%

+25.36%

+22.60%

+42.92%

+33.69%

+17.04%

+19.75%

📊

Revenue Growth (10Y)

+64.24%

+67.71%

+71.60%

📊

Cost of Revenue

1,019

1,010

1,051

1,063

1,037

1,094

1,414

1,458

1,365

1,408

1,508

1,497

📊

Cost of Revenue Growth (1Y)

-0.93%

+4.14%

+1.07%

-2.41%

+5.47%

+29.28%

+3.11%

-6.39%

+3.15%

+7.13%

-0.72%

📊

Cost of Revenue Growth (5Y)

+1.76%

+8.34%

+34.49%

+37.20%

+31.60%

+28.70%

+6.65%

+5.88%

📊

Cost of Revenue Growth (10Y)

+38.13%

+49.37%

+48.30%

📊

Gross Profit

119

161

286

298

219

304

263

211

430

461

455

511

📊

Gross Profit Growth (1Y)

+35.26%

+78.13%

+4.21%

-26.78%

+39.21%

-13.52%

-19.85%

+103.84%

+7.33%

-1.42%

+12.40%

📊

Gross Profit Growth (5Y)

+83.84%

+89.21%

-8.15%

-29.35%

+96.68%

+51.64%

+72.87%

+94.30%

📊

Gross Profit Growth (10Y)

+288.08%

+182.85%

+217.92%

📊

Operating Expenses

103

113

111

131

102

144

197

165

215

224

📊

Operating Expenses Growth (1Y)

+14.79%

-13.60%

+27.39%

-2.10%

+17.74%

-21.72%

+40.44%

+37.18%

-16.01%

+29.99%

+4.15%

📊

Operating Expenses Growth (5Y)

+23.69%

+26.87%

+14.95%

+26.73%

+77.58%

+26.68%

+110.35%

+119.07%

📊

Operating Expenses Growth (10Y)

+84.49%

+108.92%

+117.58%

📊

Sell General Administrative

103

126

127

146

152

170

223

195

215

234

📊

Research and Development

📊

Other Income Expenses

-13

-16

-15

-50

-27

-26

-30

-10

📊

EBITDA

106

230

221

150

234

222

124

291

386

310

358

📊

EBITDA Growth (1Y)

+50.06%

+117.55%

-4.12%

-32.11%

+55.99%

-4.87%

-44.35%

+135.10%

+32.58%

-19.55%

+15.33%

📊

EBITDA Growth (5Y)

+112.51%

+120.92%

-3.40%

-43.93%

+94.15%

+65.02%

+39.55%

+60.95%

📊

EBITDA Growth (10Y)

+447.04%

+193.29%

+238.25%

📊

Depreciation and Amortization

📊

Operating Income

197

185

108

174

161

233

296

240

287

📊

Operating Income Growth (1Y)

+98.09%

+241.32%

-6.23%

-41.88%

+61.34%

-7.40%

-57.94%

+244.31%

+27.07%

-18.98%

+19.81%

📊

Operating Income Growth (5Y)

+268.46%

+200.11%

-18.58%

-63.48%

+116.37%

+70.41%

+49.10%

+78.63%

📊

Operating Income Growth (10Y)

+913.05%

+314.36%

+396.43%

📊

Interest Expense

📊

Pre Tax Income

183

171

157

223

285

241

268

📊

Tax Provision

-3

📊

NET INCOME

147

136

143

149

184

281

243

266

📊

Net Income Growth (1Y)

+163.87%

+340.53%

-7.17%

-42.24%

+81.65%

+4.63%

-63.14%

+234.58%

+52.38%

-13.37%

+9.26%

📊

Net Income Growth (5Y)

+523.20%

+329.03%

+1.90%

-59.54%

+134.37%

+96.60%

+62.79%

+77.86%

📊

Net Income Growth (10Y)

+2125.70%

+630.75%

+698.41%

📊

Basic EPS

0.01

0.02

0.29

0.23

0.13

0.17

0.18

0.07

0.23

0.36

0.32

0.37

📊

Diluted EPS

0.01

0.02

0.18

0.23

0.13

0.17

0.18

0.07

0.23

0.36

0.32

0.37

📊

Basic Average Shares

1,640

505

592

610

820

801

776

767

743

📊

Diluted Average Shares

1,640

820

592

610

820

796

776

767

743

📊

Breakdown	2015 12/31	2016 12/31	2017 12/31	2018 12/31	2019 12/31	2020 12/31	2021 12/31	2022 12/31	2023 12/31	2024 12/31	2025 12/31	TTM
REVENUE	1,138	1,170	1,338	1,361	1,256	1,398	1,677	1,669	1,795	1,869	1,963	2,008	📊
Revenue Growth (1Y)	--	+2.85%	+14.31%	+1.74%	-7.75%	+11.34%	+19.96%	-0.49%	+7.53%	+4.15%	+5.02%	+2.32%	📊
Revenue Growth (5Y)	--	--	--	--	+10.34%	+19.45%	+25.36%	+22.60%	+42.92%	+33.69%	+17.04%	+19.75%	📊
Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+64.24%	+67.71%	+71.60%	📊
Cost of Revenue	1,019	1,010	1,051	1,063	1,037	1,094	1,414	1,458	1,365	1,408	1,508	1,497	📊
Cost of Revenue Growth (1Y)	--	-0.93%	+4.14%	+1.07%	-2.41%	+5.47%	+29.28%	+3.11%	-6.39%	+3.15%	+7.13%	-0.72%	📊
Cost of Revenue Growth (5Y)	--	--	--	--	+1.76%	+8.34%	+34.49%	+37.20%	+31.60%	+28.70%	+6.65%	+5.88%	📊
Cost of Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+38.13%	+49.37%	+48.30%	📊
Gross Profit	119	161	286	298	219	304	263	211	430	461	455	511	📊
Gross Profit Growth (1Y)	--	+35.26%	+78.13%	+4.21%	-26.78%	+39.21%	-13.52%	-19.85%	+103.84%	+7.33%	-1.42%	+12.40%	📊
Gross Profit Growth (5Y)	--	--	--	--	+83.84%	+89.21%	-8.15%	-29.35%	+96.68%	+51.64%	+72.87%	+94.30%	📊
Gross Profit Growth (10Y)	--	--	--	--	--	--	--	--	--	+288.08%	+182.85%	+217.92%	📊
Operating Expenses	90	103	89	113	111	131	102	144	197	165	215	224	📊
Operating Expenses Growth (1Y)	--	+14.79%	-13.60%	+27.39%	-2.10%	+17.74%	-21.72%	+40.44%	+37.18%	-16.01%	+29.99%	+4.15%	📊
Operating Expenses Growth (5Y)	--	--	--	--	+23.69%	+26.87%	+14.95%	+26.73%	+77.58%	+26.68%	+110.35%	+119.07%	📊
Operating Expenses Growth (10Y)	--	--	--	--	--	--	--	--	--	+84.49%	+108.92%	+117.58%	📊
Sell General Administrative	90	103	103	126	127	146	152	170	223	195	215	234	📊
Research and Development	0	0	0	0	0	0	0	0	0	0	0	--	📊
Other Income Expenses	0	0	14	-13	-16	-15	-50	-27	-26	-30	0	-10	📊
EBITDA	71	106	230	221	150	234	222	124	291	386	310	358	📊
EBITDA Growth (1Y)	--	+50.06%	+117.55%	-4.12%	-32.11%	+55.99%	-4.87%	-44.35%	+135.10%	+32.58%	-19.55%	+15.33%	📊
EBITDA Growth (5Y)	--	--	--	--	+112.51%	+120.92%	-3.40%	-43.93%	+94.15%	+65.02%	+39.55%	+60.95%	📊
EBITDA Growth (10Y)	--	--	--	--	--	--	--	--	--	+447.04%	+193.29%	+238.25%	📊
Depreciation and Amortization	37	37	33	36	41	59	62	57	58	66	71	71	📊
Operating Income	29	58	197	185	108	174	161	68	233	296	240	287	📊
Operating Income Growth (1Y)	--	+98.09%	+241.32%	-6.23%	-41.88%	+61.34%	-7.40%	-57.94%	+244.31%	+27.07%	-18.98%	+19.81%	📊
Operating Income Growth (5Y)	--	--	--	--	+268.46%	+200.11%	-18.58%	-63.48%	+116.37%	+70.41%	+49.10%	+78.63%	📊
Operating Income Growth (10Y)	--	--	--	--	--	--	--	--	--	+913.05%	+314.36%	+396.43%	📊
Interest Expense	0	0	16	14	14	5	4	3	10	35	31	28	📊
Pre Tax Income	16	47	183	171	95	171	157	65	223	285	241	268	📊
Tax Provision	4	13	37	35	16	28	7	10	39	4	-3	2	📊
NET INCOME	13	33	147	136	79	143	149	55	184	281	243	266	📊
Net Income Growth (1Y)	--	+163.87%	+340.53%	-7.17%	-42.24%	+81.65%	+4.63%	-63.14%	+234.58%	+52.38%	-13.37%	+9.26%	📊
Net Income Growth (5Y)	--	--	--	--	+523.20%	+329.03%	+1.90%	-59.54%	+134.37%	+96.60%	+62.79%	+77.86%	📊
Net Income Growth (10Y)	--	--	--	--	--	--	--	--	--	+2125.70%	+630.75%	+698.41%	📊
Basic EPS	0.01	0.02	0.29	0.23	0.13	0.17	0.18	0.07	0.23	0.36	0.32	0.37	📊
Diluted EPS	0.01	0.02	0.18	0.23	0.13	0.17	0.18	0.07	0.23	0.36	0.32	0.37	📊
Basic Average Shares	1,640	1,640	505	592	610	820	820	820	801	776	767	743	📊
Diluted Average Shares	1,640	1,640	820	592	610	820	820	820	796	776	767	743	📊

Breakdown

2015

12/31

2016

12/31

2017

12/31

2018

12/31

2019

12/31

2020

12/31

2021

12/31

2022

12/31

2023

12/31

2024

12/31

2025

12/31

TTM

REVENUE

1,138

1,170

1,338

1,361

1,256

1,398

1,677

1,669

1,795

1,869

1,963

2,008

📊

Revenue Growth (1Y)

+2.85%

+14.31%

+1.74%

-7.75%

+11.34%

+19.96%

-0.49%

+7.53%

+4.15%

+5.02%

+2.32%

📊

Revenue Growth (5Y)

+10.34%

+19.45%

+25.36%

+22.60%

+42.92%

+33.69%

+17.04%

+19.75%

📊

Revenue Growth (10Y)

+64.24%

+67.71%

+71.60%

📊

Cost of Revenue

1,019

1,010

1,051

1,063

1,037

1,094

1,414

1,458

1,365

1,408

1,508

1,497

📊

Cost of Revenue Growth (1Y)

-0.93%

+4.14%

+1.07%

-2.41%

+5.47%

+29.28%

+3.11%

-6.39%

+3.15%

+7.13%

-0.72%

📊

Cost of Revenue Growth (5Y)

+1.76%

+8.34%

+34.49%

+37.20%

+31.60%

+28.70%

+6.65%

+5.88%

📊

Cost of Revenue Growth (10Y)

+38.13%

+49.37%

+48.30%

📊

Gross Profit

119

161

286

298

219

304

263

211

430

461

455

511

📊

Gross Profit Growth (1Y)

+35.26%

+78.13%

+4.21%

-26.78%

+39.21%

-13.52%

-19.85%

+103.84%

+7.33%

-1.42%

+12.40%

📊

Gross Profit Growth (5Y)

+83.84%

+89.21%

-8.15%

-29.35%

+96.68%

+51.64%

+72.87%

+94.30%

📊

Gross Profit Growth (10Y)

+288.08%

+182.85%

+217.92%

📊

Operating Expenses

103

113

111

131

102

144

197

165

215

224

📊

Operating Expenses Growth (1Y)

+14.79%

-13.60%

+27.39%

-2.10%

+17.74%

-21.72%

+40.44%

+37.18%

-16.01%

+29.99%

+4.15%

📊

Operating Expenses Growth (5Y)

+23.69%

+26.87%

+14.95%

+26.73%

+77.58%

+26.68%

+110.35%

+119.07%

📊

Operating Expenses Growth (10Y)

+84.49%

+108.92%

+117.58%

📊

Sell General Administrative

103

126

127

146

152

170

223

195

215

234

📊

Research and Development

📊

Other Income Expenses

-13

-16

-15

-50

-27

-26

-30

-10

📊

EBITDA

106

230

221

150

234

222

124

291

386

310

358

📊

EBITDA Growth (1Y)

+50.06%

+117.55%

-4.12%

-32.11%

+55.99%

-4.87%

-44.35%

+135.10%

+32.58%

-19.55%

+15.33%

📊

EBITDA Growth (5Y)

+112.51%

+120.92%

-3.40%

-43.93%

+94.15%

+65.02%

+39.55%

+60.95%

📊

EBITDA Growth (10Y)

+447.04%

+193.29%

+238.25%

📊

Depreciation and Amortization

📊

Operating Income

197

185

108

174

161

233

296

240

287

📊

Operating Income Growth (1Y)

+98.09%

+241.32%

-6.23%

-41.88%

+61.34%

-7.40%

-57.94%

+244.31%

+27.07%

-18.98%

+19.81%

📊

Operating Income Growth (5Y)

+268.46%

+200.11%

-18.58%

-63.48%

+116.37%

+70.41%

+49.10%

+78.63%

📊

Operating Income Growth (10Y)

+913.05%

+314.36%

+396.43%

📊

Interest Expense

📊

Pre Tax Income

183

171

157

223

285

241

268

📊

Tax Provision

-3

📊

NET INCOME

147

136

143

149

184

281

243

266

📊

Net Income Growth (1Y)

+163.87%

+340.53%

-7.17%

-42.24%

+81.65%

+4.63%

-63.14%

+234.58%

+52.38%

-13.37%

+9.26%

📊

Net Income Growth (5Y)

+523.20%

+329.03%

+1.90%

-59.54%

+134.37%

+96.60%

+62.79%

+77.86%

📊

Net Income Growth (10Y)

+2125.70%

+630.75%

+698.41%

📊

Basic EPS

0.01

0.02

0.29

0.23

0.13

0.17

0.18

0.07

0.23

0.36

0.32

0.37

📊

Diluted EPS

0.01

0.02

0.18

0.23

0.13

0.17

0.18

0.07

0.23

0.36

0.32

0.37

📊

Basic Average Shares

1,640

505

592

610

820

801

776

767

743

📊

Diluted Average Shares

1,640

820

592

610

820

796

776

767

743

📊

Ex-Dividend date
Payment date
Annual Dividend	0.22 (THB)
Dividend Yield	7.10%
Shareholders Yield	--
Next Earnings
Market cap	2.31B (THB)
EPS (TTM)	0.37 (THB)
P/E (TTM)	8.38 (THB)
Last Close	3.10

Next Earnings
Market cap	2.31B (THB)
EPS (TTM)	0.37 (THB)
P/E (TTM)	8.38 (THB)
Last Close	3.10 (THB)

Ex-Dividend date
Payment date
Annual Dividend	0.22 (THB)
Dividend Yield	7.10%
Shareholders Yield	--
Next Earnings
Market cap	2.31B (THB)
EPS (TTM)	0.37 (THB)
P/E (TTM)	8.38 (THB)
Last Close	3.10

Next Earnings
Market cap	2.31B (THB)
EPS (TTM)	0.37 (THB)
P/E (TTM)	8.38 (THB)
Last Close	3.10 (THB)