Financial Ratios Ratchthani Leasing

Stocks

THANI

TH0697010Z03

Consumer Lending

End-of-day quote Thailand S.E. 17/08/2026			5-day change	1st Jan Change
2.220 ^THB	+0.91%		-4.31%	+27.59%

07/08	Ratchthani Leasing Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08/05	Ratchthani Leasing posts qtrly profit attributable of 340.3 mln baht	RE

3cf91c2220a38ed293.EbUS_PHTy0Zr0zWqby6j9RApi4iFjBkw41OTOozM1fU.cIxItbmVrxwHuwDzGWTal0oapsLu-TRKpDTjaLieubd4jUGWo5ezJxqcUg

Published financial data: RATCHTHANI LEASING

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest and Dividend Income, Total	343.02Cr	351.09Cr	366.8Cr	336.17Cr	287.41Cr
Interest Expense, Total	91Cr	93Cr	117.18Cr	120.99Cr	99Cr
Net Interest Income	251.7Cr	258.54Cr	249.62Cr	215.18Cr	188.1Cr
Commission and Fees	38Cr	47Cr	44Cr	38Cr	34Cr
Other Revenues, Total	42Cr	46Cr	49Cr	48Cr	52Cr
Revenues Before Provison For Loan Losses	331.33Cr	351.79Cr	342.56Cr	301.87Cr	274.17Cr
Provision For Loan Losses	59Cr	56Cr	104.77Cr	111.21Cr	81Cr
Total Revenues	272.74Cr	296.27Cr	237.79Cr	190.66Cr	192.9Cr
Cost of Services Provided, Total	58Cr	77Cr	74Cr	87Cr	66Cr
Other Operating Expenses	-	-	-	-	-20Cr
Total Operating Expenses	58Cr	77Cr	74Cr	87Cr	46Cr
Operating Income	214.28Cr	218.91Cr	164.13Cr	103.87Cr	147.04Cr
EBT, Excl. Unusual Items	214.28Cr	218.91Cr	164.13Cr	103.87Cr	147.04Cr
EBT, Incl. Unusual Items	214.28Cr	218.91Cr	164.13Cr	103.87Cr	147.04Cr
Income Tax Expense	43Cr	44Cr	35Cr	24Cr	32Cr
Earnings From Continuing Operations	170.92Cr	175.27Cr	128.69Cr	80Cr	114.78Cr
Net Income to Company	170.92Cr	175.27Cr	128.69Cr	80Cr	114.78Cr
Minority Interest	-10.74T	-12.78T	-11.69T	-8.4T	-7.36T
Net Income - (IS)	170.92Cr	175.27Cr	128.69Cr	80Cr	114.78Cr
Net Income to Common Incl Extra Items	170.92Cr	175.27Cr	128.69Cr	80Cr	114.78Cr
Net Income to Common Excl. Extra Items	170.92Cr	175.27Cr	128.69Cr	80Cr	114.78Cr
Per Share Items
Net EPS - Basic	0.27	0.28	0.21	0.13	0.18
Basic EPS - Continuing Operations	0.27	0.28	0.21	0.13	0.18
Basic Weighted Average Shares Outstanding	622.93Cr	622.93Cr	622.93Cr	622.93Cr	622.93Cr
Net EPS - Diluted	0.27	0.28	0.21	0.13	0.18
Diluted EPS - Continuing Operations	0.27	0.28	0.21	0.13	0.18
Diluted Weighted Average Shares Outstanding	622.93Cr	622.93Cr	622.93Cr	622.93Cr	622.93Cr
Normalized Basic EPS	0.21	0.22	0.16	0.1	0.15
Normalized Diluted EPS	0.21	0.22	0.16	0.1	0.15
Dividend Per Share	0.15	0.15	0.02	0.07	0.11
Payout Ratio	56.33	54.92	74.81	14.15	37.99
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
Total Revenues (As Reported)	422.65Cr	444.34Cr	459.74Cr	422.86Cr	373.48Cr
Effective Tax Rate - (Ratio)	20.23	19.93	21.59	22.96	21.94
Current Domestic Taxes	48Cr	50Cr	-	-	-
Total Current Taxes	48Cr	50Cr	47Cr	41Cr	29Cr
Deferred Domestic Taxes	-4.64Cr	-5.93Cr	-	-	-
Total Deferred Taxes	-4.64Cr	-5.93Cr	-12Cr	-18Cr	3.26Cr
Normalized Net Income	133.92Cr	136.82Cr	102.58Cr	65Cr	92Cr
Non-Cash Pension Expense	9L	10.63L	12.92L	15.22L	16.85L

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	48Cr	65Cr	143.24Cr	369.06Cr	121.47Cr
Long-Term Investments - (FS Template)	-	-	-	-	-
Loans and Lease Receivables - (FS Template)	4.79TCr	5.21TCr	5.24TCr	4.57TCr	3.86TCr
Other Receivables	8.13Cr	7.68Cr	7.19Cr	6.48Cr	5.63Cr
Gross Property Plant And Equipment	20Cr	23Cr	23Cr	22Cr	27Cr
Accumulated Depreciation	-12Cr	-14Cr	-14Cr	-14Cr	-16Cr
Net Property Plant And Equipment	7.98Cr	9.22Cr	9.13Cr	7.91Cr	11Cr
Other Intangibles, Total	3.18Cr	3.32Cr	2.62Cr	2.09Cr	1.5Cr
Other Current Assets, Total	20Cr	41Cr	59Cr	80Cr	25Cr
Deferred Tax Assets Long-Term (Collected)	42Cr	48Cr	60Cr	77Cr	74Cr
Other Long-Term Assets, Total	2.28Cr	6.99Cr	6.76Cr	6.55Cr	2.87Cr
Total Assets	4.92TCr	5.39TCr	5.53TCr	5.12TCr	4.1TCr
Liabilities
Accrued Expenses, Total	25Cr	26Cr	23Cr	20Cr	15Cr
Short-Term Borrowings	940.27Cr	994.13Cr	712.42Cr	726.48Cr	491.53Cr
Current Portion of Long-Term Debt	839.37Cr	617.32Cr	1TCr	1.11TCr	966.89Cr
Current Portion of Leases	54.33L	59.53L	64.34L	55.8L	61.78L
Long-Term Debt	1.88TCr	2.45TCr	2.46TCr	1.87TCr	1.16TCr
Long-Term Leases	68.05L	1.01Cr	1.6Cr	1.2Cr	1.43Cr
Current Income Taxes Payable	24Cr	25Cr	20Cr	17Cr	9.61Cr
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	48Cr	42Cr	36Cr	37Cr	40Cr
Pension & Other Post Retirement Benefits	3.28Cr	3.09Cr	3.85Cr	5.31Cr	5.84Cr
Total Liabilities	3.77TCr	4.15TCr	4.26TCr	3.78TCr	2.69TCr
Common Stock, Total	566.3Cr	566.3Cr	566.3Cr	622.93Cr	622.93Cr
Additional Paid In Capital	32Cr	32Cr	32Cr	32Cr	32Cr
Retained Earnings	558.36Cr	637.8Cr	670.2Cr	681.49Cr	752.51Cr
Total Common Equity	1.16TCr	1.24TCr	1.27TCr	1.34TCr	1.41TCr
Minority Interest	11.08T	13.11T	7.51T	6.48T	5.43T
Total Equity	1.16TCr	1.24TCr	1.27TCr	1.34TCr	1.41TCr
Total Liabilities And Equity	4.92TCr	5.39TCr	5.53TCr	5.12TCr	4.1TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	622.93Cr	622.93Cr	622.93Cr	622.93Cr	622.93Cr
ECS Total Common Shares Outstanding	622.93Cr	622.93Cr	622.93Cr	622.93Cr	622.93Cr
Book Value / Share	1.86	1.98	2.04	2.15	2.26
Tangible Book Value	1.15TCr	1.23TCr	1.27TCr	1.33TCr	1.41TCr
Tangible Book Value Per Share	1.85	1.98	2.03	2.14	2.26
Total Debt	3.66TCr	4.06TCr	4.17TCr	3.7TCr	2.62TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.28Cr	3.09Cr	3.85Cr	5.31Cr	5.84Cr
Net Debt	3.62TCr	3.99TCr	4.03TCr	3.33TCr	2.5TCr

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	170.92Cr	175.27Cr	128.69Cr	80Cr	114.78Cr
Depreciation, Depletion & Amortization	2.26Cr	1.71Cr	1.96Cr	1.85Cr	1.86Cr
Total Depreciation, Depletion & Amortization	2.26Cr	1.71Cr	1.96Cr	1.85Cr	1.86Cr
Amortization of Deferred Charges, Total	42.67L	81.76L	91.07L	95.72L	95.34L
(Gain) Loss On Sale of Asset - (CF)	29.86L	9.23Cr	5.16Cr	18Cr	-20Cr
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Total Asset Writedown	-	-	-	-	-
Provision for Credit Losses	59Cr	56Cr	104.77Cr	111.21Cr	81Cr
Change in Other Net Operating Assets (Collected)	-208.42Cr	-541.04Cr	-196.53Cr	492.76Cr	684.93Cr
Other Operating Activities	116.3Cr	117.07Cr	133.6Cr	129.07Cr	119.42Cr
Cash from Operations	140.38Cr	-181.43Cr	178.58Cr	834.04Cr	983.45Cr
Capital Expenditure	-7L	-2.35Cr	-30.79L	-21.79L	-44.22L
Sale of Property, Plant, and Equipment	1L	10L	46.57L	3L	9L
Purchase / Sale of Intangible Assets	-1.31Cr	-96.66L	-20.65L	-42.84L	-36.41L
Sale (Purchase) of Real Estate Properties (Collected)	-	-4.21Cr	-	-	-
Investment in Marketable and Equity Securities, Total	2L	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-1.35Cr	-7.42Cr	-5L	-61.81L	-71.66L
Short Term Debt Issued, Total	395.11Cr	44Cr	-	89.13L	-
Long-Term Debt Issued, Total	648.6Cr	1.18TCr	1.01TCr	548.94Cr	249.53Cr
Total Debt Issued	1.04TCr	1.22TCr	1.01TCr	549.83Cr	249.53Cr
Short Term Debt Repaid, Total	-	-	-298.29Cr	-	-244.49Cr
Long-Term Debt Repaid, Total	-1.06TCr	-841.83Cr	-612.11Cr	-1.04TCr	-1.1TCr
Total Debt Repaid	-1.06TCr	-841.83Cr	-910.4Cr	-1.04TCr	-1.34TCr
Common Dividends Paid	-96Cr	-96Cr	-96Cr	-11Cr	-44Cr
Common & Preferred Stock Dividends Paid	-96Cr	-96Cr	-96Cr	-11Cr	-44Cr
Other Financing Activities, Total	-80Cr	-78Cr	-107.01Cr	-107.29Cr	-93Cr
Cash from Financing	-195.79Cr	206.27Cr	-100.34Cr	-607.59Cr	-1.23TCr
Net Change in Cash	-57Cr	17Cr	78Cr	225.83Cr	-247.6Cr
Supplemental Items
Cash Interest Paid	80Cr	78Cr	107.01Cr	107.29Cr	93Cr
Cash Income Tax Paid (Refund)	49Cr	49Cr	51Cr	45Cr	36Cr
Net Debt Issued / Repaid	-19Cr	380.17Cr	102.94Cr	-488.98Cr	-1.09TCr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.5	3.4	2.36	1.5	2.49
Return On Equity %	15.27	14.65	10.28	6.14	8.37
Return on Common Equity	15.27	14.65	10.28	6.14	8.37
Margin Analysis
Gross Profit Margin %	100	100	100	100	100
SG&A Margin	21.44	26.11	30.98	45.52	33.98
Income From Continuing Operations Margin %	62.67	59.16	54.12	41.97	59.51
Net Income Margin %	62.67	59.16	54.12	41.97	59.5
Net Avail. For Common Margin %	62.67	59.16	54.12	41.97	59.5
Normalized Net Income Margin	49.1	46.18	43.14	34.05	47.64
Asset Turnover
Asset Turnover	0.06	0.06	0.04	0.04	0.04
Short Term Liquidity
Current Ratio	2.59	3.12	3.04	2.63	2.63
Quick Ratio	2.58	3.1	3	2.59	2.61
Operating Cash Flow to Current Liabilities	0.07	-0.11	0.1	0.44	0.65
Long Term Solvency
Total Debt/Equity	316.84	328.4	329.07	276.91	186.06
Total Debt / Total Capital	76.01	76.66	76.69	73.47	65.04
LT Debt/Equity	162.93	197.98	193.9	139.76	82.39
Long-Term Debt / Total Capital	39.09	46.21	45.19	37.08	28.8
Total Liabilities / Total Assets	76.5	77.07	77.04	73.88	65.65
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.68	8.63	-19.74	-19.82	1.17
Gross Profit, 1 Yr. Growth %	-4.68	8.63	-19.74	-19.82	1.17
Earnings From Cont. Operations, 1 Yr. Growth %	-8.12	2.55	-26.58	-37.82	43.44
Net Income, 1 Yr. Growth %	-8.12	2.55	-26.58	-37.82	43.44
Normalized Net Income, 1 Yr. Growth %	-7.79	2.16	-25.03	-36.71	41.56
Diluted EPS Before Extra, 1 Yr. Growth %	-25.02	2.55	-26.58	-37.82	43.44
Common Equity, 1 Yr. Growth %	6.91	6.87	2.62	5.35	5.31
Total Assets, 1 Yr. Growth %	1.45	9.52	2.5	-7.41	-19.92
Tangible Book Value, 1 Yr. Growth %	6.85	6.87	2.69	5.41	5.37
Cash From Operations, 1 Yr. Growth %	-76.31	-229.24	-198.43	367.04	17.91
Capital Expenditures, 1 Yr. Growth %	-90.75	3.2T	-86.87	-29.22	102.93
Dividend Per Share, 1 Yr. Growth %	0	0	-88.22	284.62	57.14
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.18	1.76	-6.63	-19.78	-9.93
Gross Profit, 2 Yr. CAGR %	-5.18	1.76	-6.63	-19.78	-9.93
Earnings From Cont. Operations, 2 Yr. CAGR %	-6.7	-2.93	-13.23	-32.43	-5.56
Net Income, 2 Yr. CAGR %	-6.7	-2.93	-13.23	-32.43	-5.56
Normalized Net Income, 2 Yr. CAGR %	-6.73	-2.94	-12.48	-31.12	-5.35
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.82	-12.31	-13.23	-32.43	-5.56
Common Equity, 2 Yr. CAGR %	22.79	6.89	4.72	3.98	5.33
Total Assets, 2 Yr. CAGR %	-1.64	5.41	5.95	-2.58	-13.89
Tangible Book Value, 2 Yr. CAGR %	22.76	6.86	4.76	4.04	5.39
Cash From Operations, 2 Yr. CAGR %	156.15	-44.66	12.79	114.41	134.67
Capital Expenditures, 2 Yr. CAGR %	-52.73	74.64	108.02	-69.52	19.85
Dividend Per Share, 2 Yr. CAGR %	-27.12	0	-65.68	-32.69	145.84
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.2	-0.78	-5.98	-11.25	-13.33
Gross Profit, 3 Yr. CAGR %	2.2	-0.78	-5.98	-11.25	-13.33
Earnings From Cont. Operations, 3 Yr. CAGR %	1.37	-3.72	-11.56	-22.35	-13.16
Net Income, 3 Yr. CAGR %	1.37	-3.72	-11.56	-22.35	-13.16
Normalized Net Income, 3 Yr. CAGR %	1.46	-3.86	-10.94	-21.44	-12.42
Diluted EPS Before Extra, 3 Yr. CAGR %	-11.44	-15.89	-17.35	-22.35	-13.16
Common Equity, 3 Yr. CAGR %	17.15	17.24	5.45	4.93	4.42
Total Assets, 3 Yr. CAGR %	1.17	1.95	4.43	1.3	-8.74
Tangible Book Value, 3 Yr. CAGR %	17.07	17.22	5.45	4.97	4.48
Cash From Operations, 3 Yr. CAGR %	-35.47	103.93	-32.95	81.12	75.66
Capital Expenditures, 3 Yr. CAGR %	-54.7	94.56	-26.3	45.22	-42.66
Dividend Per Share, 3 Yr. CAGR %	-9.85	-19.02	-50.98	-23.2	-10.71
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.08	9.28	-1.43	-8.87	-7.58
Gross Profit, 5 Yr. CAGR %	12.08	9.28	-1.43	-8.87	-7.58
Earnings From Cont. Operations, 5 Yr. CAGR %	14.17	9.26	-4.74	-16.43	-9.2
Net Income, 5 Yr. CAGR %	14.17	9.26	-4.74	-16.43	-9.2
Normalized Net Income, 5 Yr. CAGR %	14.22	9.26	-4.36	-15.86	-8.75
Diluted EPS Before Extra, 5 Yr. CAGR %	5.54	0.75	-12.16	-22.94	-12.82
Common Equity, 5 Yr. CAGR %	18.22	17.04	12.01	11.74	5.4
Total Assets, 5 Yr. CAGR %	8.09	6.42	3.06	0.11	-3.33
Tangible Book Value, 5 Yr. CAGR %	18.2	17.02	11.98	11.76	5.42
Cash From Operations, 5 Yr. CAGR %	-6.56	-14.49	-19.32	108.06	10.67
Capital Expenditures, 5 Yr. CAGR %	-56.43	43.48	-16.66	-7.31	-10.48
Dividend Per Share, 5 Yr. CAGR %	4.8	54.77	-38.74	-24.79	-6.57