ZEN Corporation Group Public Company Limited - ZEN.BK - Fundamentals

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Breakdown	2014 12/31	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	1,733	1,962	2,158	2,425	2,853	3,027	2,284	2,209	3,383	3,915	4,066	3,948	3,823	📊
Revenue Growth (1Y)	--	+13.18%	+9.99%	+12.37%	+17.63%	+6.10%	-24.54%	-3.29%	+53.18%	+15.72%	+3.86%	-2.90%	-3.17%	📊
Revenue Growth (5Y)	--	--	--	--	+64.56%	+54.26%	+5.83%	-8.92%	+18.60%	+29.35%	+78.02%	+78.75%	+73.09%	📊
Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+125.85%	+107.24%	+82.94%	+77.15%	📊
Cost of Revenue	1,293	1,493	1,669	1,879	2,219	1,621	1,229	1,243	1,838	2,239	2,426	2,403	2,370	📊
Cost of Revenue Growth (1Y)	--	+15.46%	+11.80%	+12.55%	+18.09%	-26.92%	-24.18%	+1.12%	+47.84%	+21.85%	+8.34%	-0.93%	-1.39%	📊
Cost of Revenue Growth (5Y)	--	--	--	--	+71.57%	+8.59%	-26.36%	-33.84%	-17.17%	+38.10%	+97.35%	+93.35%	+90.66%	📊
Cost of Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+73.15%	+62.48%	+43.98%	+41.97%	📊
Gross Profit	440	469	489	546	634	1,405	1,055	966	1,546	1,676	1,640	1,545	1,453	📊
Gross Profit Growth (1Y)	--	+6.50%	+4.24%	+11.74%	+16.06%	+121.65%	-24.94%	-8.44%	+60.05%	+8.43%	-2.13%	-5.82%	-5.93%	📊
Gross Profit Growth (5Y)	--	--	--	--	+43.98%	+199.65%	+115.75%	+76.79%	+143.79%	+19.26%	+55.50%	+59.95%	+50.47%	📊
Gross Profit Growth (10Y)	--	--	--	--	--	--	--	--	--	+280.57%	+249.73%	+215.98%	+197.25%	📊
Operating Expenses	206	313	361	420	437	1,274	1,105	1,038	1,300	1,452	1,492	1,424	1,346	📊
Operating Expenses Growth (1Y)	--	+52.15%	+15.30%	+16.34%	+4.02%	+191.64%	-13.30%	-5.98%	+25.16%	+11.74%	+2.72%	-4.56%	-5.44%	📊
Operating Expenses Growth (5Y)	--	--	--	--	+112.30%	+306.92%	+205.98%	+147.26%	+197.53%	+14.00%	+35.07%	+37.11%	+29.64%	📊
Operating Expenses Growth (10Y)	--	--	--	--	--	--	--	--	--	+605.81%	+376.49%	+294.41%	+272.94%	📊
Sell General Administrative	219	317	385	510	549	1,392	1,154	1,085	1,330	1,452	1,518	1,424	1,357	📊
Research and Development	0	0	0	0	0	0	0	0	0	0	0	0	--	📊
Other Income Expenses	0	4	9	34	43	-118	-49	-47	-30	0	-26	0	-11	📊
EBITDA	306	290	294	291	365	309	348	289	591	639	580	508	486	📊
EBITDA Growth (1Y)	--	-5.42%	+1.59%	-1.13%	+25.36%	-15.19%	+12.64%	-16.98%	+104.31%	+8.14%	-9.20%	-12.39%	-4.40%	📊
EBITDA Growth (5Y)	--	--	--	--	+19.09%	+6.79%	+18.40%	-0.57%	+62.05%	+106.62%	+66.56%	+75.77%	+68.03%	📊
EBITDA Growth (10Y)	--	--	--	--	--	--	--	--	--	+108.69%	+100.35%	+72.79%	+65.18%	📊
Depreciation and Amortization	85	133	166	164	144	178	395	362	345	385	432	387	379	📊
Operating Income	221	156	128	126	197	131	-51	-74	246	254	148	121	107	📊
Operating Income Growth (1Y)	--	-29.50%	-17.96%	-1.25%	+56.12%	-33.42%	-138.80%	-45.96%	+430.77%	+3.26%	-41.59%	-18.41%	-11.61%	📊
Operating Income Growth (5Y)	--	--	--	--	-10.83%	-15.79%	-139.82%	-158.86%	+24.72%	+93.43%	+391.21%	+262.78%	+243.88%	📊
Operating Income Growth (10Y)	--	--	--	--	--	--	--	--	--	+14.84%	-4.86%	-5.38%	-16.37%	📊
Interest Expense	0	17	17	25	25	4	34	38	33	42	57	55	51	📊
Pre Tax Income	233	139	111	102	173	128	-84	-112	211	212	91	97	98	📊
Tax Provision	46	29	21	20	32	21	-21	-23	39	34	8	27	26	📊
NET INCOME	187	110	90	82	140	106	-64	-89	154	158	57	46	47	📊
Net Income Growth (1Y)	--	-41.05%	-18.62%	-8.71%	+71.41%	-24.24%	-159.93%	-39.16%	+273.75%	+2.40%	-63.91%	-19.40%	+2.51%	📊
Net Income Growth (5Y)	--	--	--	--	-24.93%	-3.52%	-171.04%	-208.29%	+9.77%	+48.36%	+189.34%	+151.74%	+153.04%	📊
Net Income Growth (10Y)	--	--	--	--	--	--	--	--	--	-15.62%	-48.35%	-48.84%	-47.56%	📊
Basic EPS	1.38	0.37	0.3	0.5	0.86	0.36	-0.21	-0.3	0.51	0.53	0.2	0.15	0.16	📊
Diluted EPS	1.38	0.37	0.3	0.27	0.86	0.36	-0.21	-0.3	0.51	0.53	0.2	0.15	0.16	📊
Basic Average Shares	135	300	300	163	163	291	300	300	300	300	299	298	294	📊
Diluted Average Shares	135	300	300	300	163	291	300	300	300	300	299	298	294	📊

Breakdown

2014

12/31

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

1,733

1,962

2,158

2,425

2,853

3,027

2,284

2,209

3,383

3,915

4,066

3,948

3,823

📊

Revenue Growth (1Y)

+13.18%

+9.99%

+12.37%

+17.63%

+6.10%

-24.54%

-3.29%

+53.18%

+15.72%

+3.86%

-2.90%

-3.17%

📊

Revenue Growth (5Y)

+64.56%

+54.26%

+5.83%

-8.92%

+18.60%

+29.35%

+78.02%

+78.75%

+73.09%

📊

Revenue Growth (10Y)

+125.85%

+107.24%

+82.94%

+77.15%

📊

Cost of Revenue

1,293

1,493

1,669

1,879

2,219

1,621

1,229

1,243

1,838

2,239

2,426

2,403

2,370

📊

Cost of Revenue Growth (1Y)

+15.46%

+11.80%

+12.55%

+18.09%

-26.92%

-24.18%

+1.12%

+47.84%

+21.85%

+8.34%

-0.93%

-1.39%

📊

Cost of Revenue Growth (5Y)

+71.57%

+8.59%

-26.36%

-33.84%

-17.17%

+38.10%

+97.35%

+93.35%

+90.66%

📊

Cost of Revenue Growth (10Y)

+73.15%

+62.48%

+43.98%

+41.97%

📊

Gross Profit

440

469

489

546

634

1,405

1,055

966

1,546

1,676

1,640

1,545

1,453

📊

Gross Profit Growth (1Y)

+6.50%

+4.24%

+11.74%

+16.06%

+121.65%

-24.94%

-8.44%

+60.05%

+8.43%

-2.13%

-5.82%

-5.93%

📊

Gross Profit Growth (5Y)

+43.98%

+199.65%

+115.75%

+76.79%

+143.79%

+19.26%

+55.50%

+59.95%

+50.47%

📊

Gross Profit Growth (10Y)

+280.57%

+249.73%

+215.98%

+197.25%

📊

Operating Expenses

206

313

361

420

437

1,274

1,105

1,038

1,300

1,452

1,492

1,424

1,346

📊

Operating Expenses Growth (1Y)

+52.15%

+15.30%

+16.34%

+4.02%

+191.64%

-13.30%

-5.98%

+25.16%

+11.74%

+2.72%

-4.56%

-5.44%

📊

Operating Expenses Growth (5Y)

+112.30%

+306.92%

+205.98%

+147.26%

+197.53%

+14.00%

+35.07%

+37.11%

+29.64%

📊

Operating Expenses Growth (10Y)

+605.81%

+376.49%

+294.41%

+272.94%

📊

Sell General Administrative

219

317

385

510

549

1,392

1,154

1,085

1,330

1,452

1,518

1,424

1,357

📊

Research and Development

📊

Other Income Expenses

-118

-49

-47

-30

-26

-11

📊

EBITDA

306

290

294

291

365

309

348

289

591

639

580

508

486

📊

EBITDA Growth (1Y)

-5.42%

+1.59%

-1.13%

+25.36%

-15.19%

+12.64%

-16.98%

+104.31%

+8.14%

-9.20%

-12.39%

-4.40%

📊

EBITDA Growth (5Y)

+19.09%

+6.79%

+18.40%

-0.57%

+62.05%

+106.62%

+66.56%

+75.77%

+68.03%

📊

EBITDA Growth (10Y)

+108.69%

+100.35%

+72.79%

+65.18%

📊

Depreciation and Amortization

133

166

164

144

178

395

362

345

385

432

387

379

📊

Operating Income

221

156

128

126

197

131

-51

-74

246

254

148

121

107

📊

Operating Income Growth (1Y)

-29.50%

-17.96%

-1.25%

+56.12%

-33.42%

-138.80%

-45.96%

+430.77%

+3.26%

-41.59%

-18.41%

-11.61%

📊

Operating Income Growth (5Y)

-10.83%

-15.79%

-139.82%

-158.86%

+24.72%

+93.43%

+391.21%

+262.78%

+243.88%

📊

Operating Income Growth (10Y)

+14.84%

-4.86%

-5.38%

-16.37%

📊

Interest Expense

📊

Pre Tax Income

233

139

111

102

173

128

-84

-112

211

212

📊

Tax Provision

-21

-23

📊

NET INCOME

187

110

140

106

-64

-89

154

158

📊

Net Income Growth (1Y)

-41.05%

-18.62%

-8.71%

+71.41%

-24.24%

-159.93%

-39.16%

+273.75%

+2.40%

-63.91%

-19.40%

+2.51%

📊

Net Income Growth (5Y)

-24.93%

-3.52%

-171.04%

-208.29%

+9.77%

+48.36%

+189.34%

+151.74%

+153.04%

📊

Net Income Growth (10Y)

-15.62%

-48.35%

-48.84%

-47.56%

📊

Basic EPS

1.38

0.37

0.3

0.5

0.86

0.36

-0.21

-0.3

0.51

0.53

0.2

0.15

0.16

📊

Diluted EPS

1.38

0.37

0.3

0.27

0.86

0.36

-0.21

-0.3

0.51

0.53

0.2

0.15

0.16

📊

Basic Average Shares

135

300

163

291

300

299

298

294

📊

Diluted Average Shares

135

300

163

291

300

299

298

294

📊

Breakdown	2014 12/31	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	1,733	1,962	2,158	2,425	2,853	3,027	2,284	2,209	3,383	3,915	4,066	3,948	3,823	📊
Revenue Growth (1Y)	--	+13.18%	+9.99%	+12.37%	+17.63%	+6.10%	-24.54%	-3.29%	+53.18%	+15.72%	+3.86%	-2.90%	-3.17%	📊
Revenue Growth (5Y)	--	--	--	--	+64.56%	+54.26%	+5.83%	-8.92%	+18.60%	+29.35%	+78.02%	+78.75%	+73.09%	📊
Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+125.85%	+107.24%	+82.94%	+77.15%	📊
Cost of Revenue	1,293	1,493	1,669	1,879	2,219	1,621	1,229	1,243	1,838	2,239	2,426	2,403	2,370	📊
Cost of Revenue Growth (1Y)	--	+15.46%	+11.80%	+12.55%	+18.09%	-26.92%	-24.18%	+1.12%	+47.84%	+21.85%	+8.34%	-0.93%	-1.39%	📊
Cost of Revenue Growth (5Y)	--	--	--	--	+71.57%	+8.59%	-26.36%	-33.84%	-17.17%	+38.10%	+97.35%	+93.35%	+90.66%	📊
Cost of Revenue Growth (10Y)	--	--	--	--	--	--	--	--	--	+73.15%	+62.48%	+43.98%	+41.97%	📊
Gross Profit	440	469	489	546	634	1,405	1,055	966	1,546	1,676	1,640	1,545	1,453	📊
Gross Profit Growth (1Y)	--	+6.50%	+4.24%	+11.74%	+16.06%	+121.65%	-24.94%	-8.44%	+60.05%	+8.43%	-2.13%	-5.82%	-5.93%	📊
Gross Profit Growth (5Y)	--	--	--	--	+43.98%	+199.65%	+115.75%	+76.79%	+143.79%	+19.26%	+55.50%	+59.95%	+50.47%	📊
Gross Profit Growth (10Y)	--	--	--	--	--	--	--	--	--	+280.57%	+249.73%	+215.98%	+197.25%	📊
Operating Expenses	206	313	361	420	437	1,274	1,105	1,038	1,300	1,452	1,492	1,424	1,346	📊
Operating Expenses Growth (1Y)	--	+52.15%	+15.30%	+16.34%	+4.02%	+191.64%	-13.30%	-5.98%	+25.16%	+11.74%	+2.72%	-4.56%	-5.44%	📊
Operating Expenses Growth (5Y)	--	--	--	--	+112.30%	+306.92%	+205.98%	+147.26%	+197.53%	+14.00%	+35.07%	+37.11%	+29.64%	📊
Operating Expenses Growth (10Y)	--	--	--	--	--	--	--	--	--	+605.81%	+376.49%	+294.41%	+272.94%	📊
Sell General Administrative	219	317	385	510	549	1,392	1,154	1,085	1,330	1,452	1,518	1,424	1,357	📊
Research and Development	0	0	0	0	0	0	0	0	0	0	0	0	--	📊
Other Income Expenses	0	4	9	34	43	-118	-49	-47	-30	0	-26	0	-11	📊
EBITDA	306	290	294	291	365	309	348	289	591	639	580	508	486	📊
EBITDA Growth (1Y)	--	-5.42%	+1.59%	-1.13%	+25.36%	-15.19%	+12.64%	-16.98%	+104.31%	+8.14%	-9.20%	-12.39%	-4.40%	📊
EBITDA Growth (5Y)	--	--	--	--	+19.09%	+6.79%	+18.40%	-0.57%	+62.05%	+106.62%	+66.56%	+75.77%	+68.03%	📊
EBITDA Growth (10Y)	--	--	--	--	--	--	--	--	--	+108.69%	+100.35%	+72.79%	+65.18%	📊
Depreciation and Amortization	85	133	166	164	144	178	395	362	345	385	432	387	379	📊
Operating Income	221	156	128	126	197	131	-51	-74	246	254	148	121	107	📊
Operating Income Growth (1Y)	--	-29.50%	-17.96%	-1.25%	+56.12%	-33.42%	-138.80%	-45.96%	+430.77%	+3.26%	-41.59%	-18.41%	-11.61%	📊
Operating Income Growth (5Y)	--	--	--	--	-10.83%	-15.79%	-139.82%	-158.86%	+24.72%	+93.43%	+391.21%	+262.78%	+243.88%	📊
Operating Income Growth (10Y)	--	--	--	--	--	--	--	--	--	+14.84%	-4.86%	-5.38%	-16.37%	📊
Interest Expense	0	17	17	25	25	4	34	38	33	42	57	55	51	📊
Pre Tax Income	233	139	111	102	173	128	-84	-112	211	212	91	97	98	📊
Tax Provision	46	29	21	20	32	21	-21	-23	39	34	8	27	26	📊
NET INCOME	187	110	90	82	140	106	-64	-89	154	158	57	46	47	📊
Net Income Growth (1Y)	--	-41.05%	-18.62%	-8.71%	+71.41%	-24.24%	-159.93%	-39.16%	+273.75%	+2.40%	-63.91%	-19.40%	+2.51%	📊
Net Income Growth (5Y)	--	--	--	--	-24.93%	-3.52%	-171.04%	-208.29%	+9.77%	+48.36%	+189.34%	+151.74%	+153.04%	📊
Net Income Growth (10Y)	--	--	--	--	--	--	--	--	--	-15.62%	-48.35%	-48.84%	-47.56%	📊
Basic EPS	1.38	0.37	0.3	0.5	0.86	0.36	-0.21	-0.3	0.51	0.53	0.2	0.15	0.16	📊
Diluted EPS	1.38	0.37	0.3	0.27	0.86	0.36	-0.21	-0.3	0.51	0.53	0.2	0.15	0.16	📊
Basic Average Shares	135	300	300	163	163	291	300	300	300	300	299	298	294	📊
Diluted Average Shares	135	300	300	300	163	291	300	300	300	300	299	298	294	📊

Breakdown

2014

12/31

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

1,733

1,962

2,158

2,425

2,853

3,027

2,284

2,209

3,383

3,915

4,066

3,948

3,823

📊

Revenue Growth (1Y)

+13.18%

+9.99%

+12.37%

+17.63%

+6.10%

-24.54%

-3.29%

+53.18%

+15.72%

+3.86%

-2.90%

-3.17%

📊

Revenue Growth (5Y)

+64.56%

+54.26%

+5.83%

-8.92%

+18.60%

+29.35%

+78.02%

+78.75%

+73.09%

📊

Revenue Growth (10Y)

+125.85%

+107.24%

+82.94%

+77.15%

📊

Cost of Revenue

1,293

1,493

1,669

1,879

2,219

1,621

1,229

1,243

1,838

2,239

2,426

2,403

2,370

📊

Cost of Revenue Growth (1Y)

+15.46%

+11.80%

+12.55%

+18.09%

-26.92%

-24.18%

+1.12%

+47.84%

+21.85%

+8.34%

-0.93%

-1.39%

📊

Cost of Revenue Growth (5Y)

+71.57%

+8.59%

-26.36%

-33.84%

-17.17%

+38.10%

+97.35%

+93.35%

+90.66%

📊

Cost of Revenue Growth (10Y)

+73.15%

+62.48%

+43.98%

+41.97%

📊

Gross Profit

440

469

489

546

634

1,405

1,055

966

1,546

1,676

1,640

1,545

1,453

📊

Gross Profit Growth (1Y)

+6.50%

+4.24%

+11.74%

+16.06%

+121.65%

-24.94%

-8.44%

+60.05%

+8.43%

-2.13%

-5.82%

-5.93%

📊

Gross Profit Growth (5Y)

+43.98%

+199.65%

+115.75%

+76.79%

+143.79%

+19.26%

+55.50%

+59.95%

+50.47%

📊

Gross Profit Growth (10Y)

+280.57%

+249.73%

+215.98%

+197.25%

📊

Operating Expenses

206

313

361

420

437

1,274

1,105

1,038

1,300

1,452

1,492

1,424

1,346

📊

Operating Expenses Growth (1Y)

+52.15%

+15.30%

+16.34%

+4.02%

+191.64%

-13.30%

-5.98%

+25.16%

+11.74%

+2.72%

-4.56%

-5.44%

📊

Operating Expenses Growth (5Y)

+112.30%

+306.92%

+205.98%

+147.26%

+197.53%

+14.00%

+35.07%

+37.11%

+29.64%

📊

Operating Expenses Growth (10Y)

+605.81%

+376.49%

+294.41%

+272.94%

📊

Sell General Administrative

219

317

385

510

549

1,392

1,154

1,085

1,330

1,452

1,518

1,424

1,357

📊

Research and Development

📊

Other Income Expenses

-118

-49

-47

-30

-26

-11

📊

EBITDA

306

290

294

291

365

309

348

289

591

639

580

508

486

📊

EBITDA Growth (1Y)

-5.42%

+1.59%

-1.13%

+25.36%

-15.19%

+12.64%

-16.98%

+104.31%

+8.14%

-9.20%

-12.39%

-4.40%

📊

EBITDA Growth (5Y)

+19.09%

+6.79%

+18.40%

-0.57%

+62.05%

+106.62%

+66.56%

+75.77%

+68.03%

📊

EBITDA Growth (10Y)

+108.69%

+100.35%

+72.79%

+65.18%

📊

Depreciation and Amortization

133

166

164

144

178

395

362

345

385

432

387

379

📊

Operating Income

221

156

128

126

197

131

-51

-74

246

254

148

121

107

📊

Operating Income Growth (1Y)

-29.50%

-17.96%

-1.25%

+56.12%

-33.42%

-138.80%

-45.96%

+430.77%

+3.26%

-41.59%

-18.41%

-11.61%

📊

Operating Income Growth (5Y)

-10.83%

-15.79%

-139.82%

-158.86%

+24.72%

+93.43%

+391.21%

+262.78%

+243.88%

📊

Operating Income Growth (10Y)

+14.84%

-4.86%

-5.38%

-16.37%

📊

Interest Expense

📊

Pre Tax Income

233

139

111

102

173

128

-84

-112

211

212

📊

Tax Provision

-21

-23

📊

NET INCOME

187

110

140

106

-64

-89

154

158

📊

Net Income Growth (1Y)

-41.05%

-18.62%

-8.71%

+71.41%

-24.24%

-159.93%

-39.16%

+273.75%

+2.40%

-63.91%

-19.40%

+2.51%

📊

Net Income Growth (5Y)

-24.93%

-3.52%

-171.04%

-208.29%

+9.77%

+48.36%

+189.34%

+151.74%

+153.04%

📊

Net Income Growth (10Y)

-15.62%

-48.35%

-48.84%

-47.56%

📊

Basic EPS

1.38

0.37

0.3

0.5

0.86

0.36

-0.21

-0.3

0.51

0.53

0.2

0.15

0.16

📊

Diluted EPS

1.38

0.37

0.3

0.27

0.86

0.36

-0.21

-0.3

0.51

0.53

0.2

0.15

0.16

📊

Basic Average Shares

135

300

163

291

300

299

298

294

📊

Diluted Average Shares

135

300

163

291

300

299

298

294

📊

Ex-Dividend date
Payment date
Annual Dividend	0.10 (THB)
Dividend Yield	1.80%
Shareholders Yield	7.84%
Next Earnings
Market cap	1.65B (THB)
EPS (TTM)	0.16 (THB)
P/E (TTM)	34.69 (THB)
Last Close	5.55

Next Earnings
Market cap	1.65B (THB)
EPS (TTM)	0.16 (THB)
P/E (TTM)	34.69 (THB)
Last Close	5.55 (THB)

Ex-Dividend date
Payment date
Annual Dividend	0.10 (THB)
Dividend Yield	1.80%
Shareholders Yield	7.84%
Next Earnings
Market cap	1.65B (THB)
EPS (TTM)	0.16 (THB)
P/E (TTM)	34.69 (THB)
Last Close	5.55

Next Earnings
Market cap	1.65B (THB)
EPS (TTM)	0.16 (THB)
P/E (TTM)	34.69 (THB)
Last Close	5.55 (THB)