Income Statement Muramoto Electron (Thailand)

Stocks

METCO

TH0304010Z06

Electronic Equipment & Parts

End-of-day quote Thailand S.E. Other stock markets 2026-06-11			5-day change	1st Jan Change
293.00 ^THB	0.00%		+2.09%	+6.16%

May. 14	Muramoto Electron Thailand posts qtrly profit 234.6 million baht	RE
May. 14	Muramoto Electron Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended March 31, 2026	CI

07a19137abeaa0db1.sIyEe20e-BkE_Bgcgfx4XqCCyEdvUP-HlP4sc6WeqDM.8sT9Flp8nFxFq1dI2ZIhauLUvCVdYpPT_IpPCcv9zkXj4akpQHypbF2UQQ

Published financial data: MURAMOTO ELECTRON (THAILAND)

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Revenues	17.01B	18.56B	17.91B	15.83B	17.69B
Other Revenues, Total	141M	148M	112M	125M	111M
Total Revenues	17.15B	18.71B	18.02B	15.96B	17.8B
Cost of Goods Sold, Total	15.6B	16.96B	16.58B	14.61B	15.56B
Gross Profit	1.55B	1.74B	1.45B	1.34B	2.25B
Selling General & Admin Expenses, Total	786M	809M	1.06B	698M	802M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	786M	809M	1.06B	698M	802M
Operating Income	767M	933M	390M	646M	1.44B
Interest Expense, Total	-6.54M	-6.91M	-10.47M	-9.54M	-7.24M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-6.54M	-6.91M	-10.47M	-9.54M	-7.24M
Currency Exchange Gains (Loss)	-	-5.34M	15.48M	-267M	-15.26M
EBT, Excl. Unusual Items	760M	920M	395M	369M	1.42B
Gain (Loss) On Sale Of Investments	-	-	-	-	-29.8M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-	-
Insurance Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	760M	920M	395M	369M	1.39B
Income Tax Expense	119M	216M	152M	73.61M	293M
Earnings From Continuing Operations	642M	705M	243M	296M	1.1B
Net Income to Company	642M	705M	243M	296M	1.1B
Net Income - (IS)	642M	705M	243M	296M	1.1B
Net Income to Common Incl Extra Items	642M	705M	243M	296M	1.1B
Net Income to Common Excl. Extra Items	642M	705M	243M	296M	1.1B
Per Share Items
Net EPS - Basic	30.71	33.72	11.61	14.15	52.63
Basic EPS - Continuing Operations	30.71	33.72	11.61	14.15	52.63
Basic Weighted Average Shares Outstanding	20.9M	20.9M	20.9M	20.9M	20.9M
Net EPS - Diluted	30.71	33.72	11.61	14.15	52.63
Diluted EPS - Continuing Operations	30.71	33.72	11.61	14.15	52.63
Diluted Weighted Average Shares Outstanding	20.9M	20.9M	20.9M	20.9M	20.9M
Normalized Basic EPS	22.74	27.53	11.8	11.04	42.54
Normalized Diluted EPS	22.74	27.53	11.8	11.04	42.54
Dividend Per Share	14	18	10	8	30
Payout Ratio	32.56	41.52	155	70.68	15.2
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	1.1B	1.25B	705M	963M	1.77B
EBITA	767M	933M	390M	646M	1.44B
EBIT	767M	933M	390M	646M	1.44B
EBITDAR	1.11B	1.25B	712M	969M	1.77B
Total Revenues (As Reported)	17.15B	18.71B	18.04B	15.96B	17.8B
Effective Tax Rate - (Ratio)	15.59	23.45	38.51	19.93	21.01
Total Current Taxes	154M	204M	148M	64.1M	292M
Total Deferred Taxes	-35.29M	12.06M	4.21M	9.51M	231K
Normalized Net Income	475M	575M	247M	231M	889M
Interest on Long-Term Debt	6.54M	6.91M	10.47M	9.54M	7.24M
Non-Cash Pension Expense	6.17M	10.28M	34.23M	13.44M	11.61M
Supplemental Operating Expense Items
Selling and Marketing Expenses	388M	413M	380M	371M	435M
General and Administrative Expenses	398M	396M	675M	327M	367M
Net Rental Expense, Total	18.24M	5M	6.93M	5.83M	4.73M
Imputed Operating Lease Interest Expense	4.24M	913K	1.73M	1.5M	1.28M
Imputed Operating Lease Depreciation	14.01M	4.08M	5.21M	4.33M	3.45M

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	2.43B	2.74B	2.53B	1.99B	2.96B
Total Cash And Short Term Investments	2.43B	2.74B	2.53B	1.99B	2.96B
Accounts Receivable, Total	1.86B	2.67B	2.55B	2.53B	2.89B
Other Receivables	203M	141M	53.43M	375M	449M
Notes Receivable	-	-	-	-	-
Total Receivables	2.07B	2.81B	2.6B	2.91B	3.34B
Inventory	1.55B	1.7B	1.53B	1.77B	1.51B
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	-	-	-	19.93M	-
Total Current Assets	6.05B	7.26B	6.66B	6.68B	7.81B
Gross Property Plant And Equipment	10.67B	11.05B	11.04B	11.03B	11B
Accumulated Depreciation	-8.19B	-8.53B	-8.57B	-8.72B	-8.84B
Net Property Plant And Equipment	2.48B	2.52B	2.47B	2.31B	2.16B
Other Intangibles, Total	19.38M	31.08M	37.54M	25.33M	20.39M
Deferred Tax Assets Long-Term	32.49M	15.98M	16.19M	19.78M	22.19M
Other Long-Term Assets, Total	12.44M	10.14M	11.95M	2.12M	2.43M
Total Assets	8.59B	9.84B	9.2B	9.03B	10.01B
Liabilities
Accounts Payable, Total	1.55B	2.22B	1.83B	1.69B	1.64B
Accrued Expenses, Total	-	-	-	65.48M	74.92M
Current Portion of Leases	89.11M	104M	112M	99.15M	84.97M
Current Income Taxes Payable	66.83M	109M	39.44M	8.54M	139M
Other Current Liabilities	359M	419M	332M	269M	302M
Total Current Liabilities	2.07B	2.85B	2.32B	2.13B	2.24B
Long-Term Leases	185M	227M	230M	152M	93.3M
Pension & Other Post Retirement Benefits	371M	346M	375M	406M	441M
Deferred Tax Liability Non Current	-	2.62M	5.92M	12.44M	5.65M
Other Non Current Liabilities	-	-	-	-	-
Total Liabilities	2.62B	3.42B	2.93B	2.7B	2.78B
Common Stock, Total	209M	209M	209M	209M	209M
Additional Paid In Capital	654M	654M	654M	654M	654M
Retained Earnings	5.11B	5.55B	5.41B	5.47B	6.37B
Total Common Equity	5.97B	6.41B	6.27B	6.34B	7.23B
Total Equity	5.97B	6.41B	6.27B	6.34B	7.23B
Total Liabilities And Equity	8.59B	9.84B	9.2B	9.03B	10.01B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.9M	20.9M	20.9M	20.9M	20.9M
ECS Total Common Shares Outstanding	20.9M	20.9M	20.9M	20.9M	20.9M
Book Value / Share	285.79	306.86	300.25	303.14	345.97
Tangible Book Value	5.95B	6.38B	6.24B	6.31B	7.21B
Tangible Book Value Per Share	284.86	305.37	298.46	301.93	345
Total Debt	274M	331M	342M	251M	178M
Net Debt	-2.15B	-2.41B	-2.19B	-1.74B	-2.78B
Debt Equivalent of Unfunded Proj. Benefit Obligation	371M	346M	375M	406M	441M
Debt Equivalent Oper. Leases	146M	39.98M	55.47M	46.64M	37.82M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	719M	764M	664M	597M	514M
Inventories - Work In Process, Total	280M	300M	222M	219M	202M
Inventories - Finished Goods, Total	528M	641M	622M	916M	778M
Inventories - Others	65.26M	54.35M	51.75M	63.07M	45.44M
Land - (BS)	423M	423M	423M	423M	412M
Buildings, Total	3.47B	3.83B	3.88B	3.87B	3.95B
Machinery, Total	6.47B	6.71B	6.68B	6.63B	6.56B

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	642M	705M	243M	296M	1.1B
Depreciation & Amortization - CF	409M	421M	438M	440M	435M
Depreciation & Amortization, Total	409M	421M	438M	440M	435M
(Gain) Loss From Sale Of Asset	6.71M	3.47M	508K	2.46M	10.16M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	29.8M
Asset Writedown & Restructuring Costs	-	-	-	-	-
Other Operating Activities, Total	13.8M	89.84M	-48.67M	172M	108M
Change In Accounts Receivable	-4.75M	-799M	121M	-73.61M	-268M
Change In Inventories	-362M	-167M	200M	-236M	256M
Change In Accounts Payable	107M	654M	-380M	-132M	-50.45M
Change in Other Net Operating Assets	-30.99M	146M	-22.5M	-342M	-97.24M
Cash from Operations	781M	1.05B	551M	127M	1.52B
Capital Expenditure	-572M	-280M	-253M	-218M	-261M
Sale of Property, Plant, and Equipment	4.76M	896K	3.59M	5.16M	3.45M
Sale (Purchase) of Intangible assets	-12.79M	-25.23M	-24.21M	-6.73M	-12.46M
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-580M	-304M	-273M	-220M	-270M
Short Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-87.35M	-112M	-117M	-124M	-113M
Total Debt Repaid	-87.35M	-112M	-117M	-124M	-113M
Common Dividends Paid	-209M	-293M	-376M	-209M	-167M
Common & Preferred Stock Dividends Paid	-209M	-293M	-376M	-209M	-167M
Other Financing Activities, Total	-6.54M	-6.91M	-10.47M	-9.54M	-7.24M
Cash from Financing	-303M	-411M	-504M	-343M	-287M
Foreign Exchange Rate Adjustments	11.1M	-20.91M	11.13M	-107M	6.68M
Net Change in Cash	-91.08M	316M	-215M	-543M	974M
Supplemental Items
Cash Interest Paid	6.54M	6.91M	10.47M	9.54M	7.24M
Cash Income Tax Paid (Refund)	97.81M	166M	217M	107M	149M
Levered Free Cash Flow	42.96M	570M	234M	-120M	1.03B
Unlevered Free Cash Flow	47.05M	575M	241M	-114M	1.04B
Change In Net Working Capital	256M	124M	164M	733M	25.23M
Net Debt Issued / Repaid	-87.35M	-112M	-117M	-124M	-113M

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.83	6.33	2.56	4.43	9.48
Return on Total Capital	8.02	8.98	3.65	6.12	12.91
Return On Equity %	11.16	11.38	3.83	4.69	16.22
Return on Common Equity	11.16	11.38	3.83	4.69	16.22
Margin Analysis
Gross Profit Margin %	9.05	9.31	8.02	8.42	12.62
SG&A Margin	4.58	4.33	5.86	4.37	4.5
EBITDA Margin %	6.39	6.66	3.91	6.03	9.93
EBITA Margin %	4.47	4.99	2.16	4.05	8.11
EBIT Margin %	4.47	4.99	2.16	4.05	8.11
Income From Continuing Operations Margin %	3.74	3.77	1.35	1.85	6.18
Net Income Margin %	3.74	3.77	1.35	1.85	6.18
Net Avail. For Common Margin %	3.74	3.77	1.35	1.85	6.18
Normalized Net Income Margin	2.77	3.08	1.37	1.45	4.99
Levered Free Cash Flow Margin	0.25	3.05	1.3	-0.75	5.81
Unlevered Free Cash Flow Margin	0.27	3.07	1.33	-0.71	5.84
Asset Turnover
Asset Turnover	2.09	2.03	1.89	1.75	1.87
Fixed Assets Turnover	7.4	7.47	7.21	6.68	7.97
Receivables Turnover (Average Receivables)	9.16	8.19	6.87	6.23	6.53
Inventory Turnover (Average Inventory)	11.36	10.42	10.25	8.86	9.49
Short Term Liquidity
Current Ratio	2.93	2.55	2.88	3.14	3.48
Quick Ratio	2.17	1.95	2.22	2.3	2.81
Operating Cash Flow to Current Liabilities	0.38	0.37	0.24	0.06	0.68
Days Sales Outstanding (Average Receivables)	39.84	44.55	53.16	58.71	55.88
Days Outstanding Inventory (Average Inventory)	32.12	35.04	35.62	41.3	38.45
Average Days Payable Outstanding	34.3	40.19	45.05	43.36	39.68
Cash Conversion Cycle (Average Days)	37.66	39.4	43.73	56.64	54.64
Long Term Solvency
Total Debt/Equity	4.59	5.15	5.45	3.96	2.47
Total Debt / Total Capital	4.39	4.9	5.17	3.81	2.41
LT Debt/Equity	3.1	3.54	3.67	2.39	1.29
Long-Term Debt / Total Capital	2.96	3.36	3.48	2.3	1.26
Total Liabilities / Total Assets	30.51	34.81	31.8	29.86	27.8
EBIT / Interest Expense	117.27	135.03	37.22	67.74	199.66
EBITDA / Interest Expense	179.86	196.01	79.05	113.88	259.79
(EBITDA - Capex) / Interest Expense	92.33	155.48	54.92	91.01	223.73
Total Debt / EBITDA	0.23	0.24	0.41	0.23	0.09
Net Debt / EBITDA	-1.83	-1.78	-2.64	-1.6	-1.48
Total Debt / (EBITDA - Capex)	0.45	0.31	0.6	0.29	0.11
Net Debt / (EBITDA - Capex)	-3.57	-2.25	-3.8	-2	-1.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	45.77	9.24	-3.66	-11.44	11.57
Gross Profit, 1 Yr. Growth %	98.08	14.41	-17.03	-6.98	67.14
EBITDA, 1 Yr. Growth %	67.68	8.81	-43.41	36.49	83.6
EBITA, 1 Yr. Growth %	169.34	26.69	-58.22	65.81	123.62
EBIT, 1 Yr. Growth %	169.34	26.69	-58.22	65.81	123.62
Earnings From Cont. Operations, 1 Yr. Growth %	156.52	9.79	-65.56	21.84	271.99
Net Income, 1 Yr. Growth %	156.52	9.79	-65.56	21.84	271.99
Normalized Net Income, 1 Yr. Growth %	171.36	21.06	-57.12	-6.43	285.13
Diluted EPS Before Extra, 1 Yr. Growth %	156.52	9.79	-65.56	21.84	271.99
Accounts Receivable, 1 Yr. Growth %	0.52	43.26	-4.47	-0.69	14.05
Inventory, 1 Yr. Growth %	30.47	9.57	-10.02	15.2	-14.34
Net Property, Plant and Equip., 1 Yr. Growth %	15.4	1.63	-2.05	-6.65	-6.34
Total Assets, 1 Yr. Growth %	9.36	14.45	-6.47	-1.83	10.86
Tangible Book Value, 1 Yr. Growth %	7.97	7.2	-2.26	1.16	14.26
Common Equity, 1 Yr. Growth %	7.96	7.37	-2.15	0.96	14.13
Cash From Operations, 1 Yr. Growth %	38.77	34.8	-47.68	-77.03	1.1K
Capital Expenditures, 1 Yr. Growth %	134.17	-51.09	-9.74	-13.7	19.65
Levered Free Cash Flow, 1 Yr. Growth %	-84.3	2.3K	-58.98	-151.18	-964.06
Unlevered Free Cash Flow, 1 Yr. Growth %	-82.98	1.96K	-58.15	-147.31	-1.01K
Dividend Per Share, 1 Yr. Growth %	40	28.57	-44.44	-20	275
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	24.22	26.07	2.59	-7.63	-0.6
Gross Profit, 2 Yr. CAGR %	88.86	49.04	-2.57	-12.15	24.69
EBITDA, 2 Yr. CAGR %	152.93	38.07	-21.53	-12.12	58.3
EBITA, 2 Yr. CAGR %	106.58	80.99	-27.25	-16.77	92.56
EBIT, 2 Yr. CAGR %	106.58	80.99	-27.25	-16.77	92.56
Earnings From Cont. Operations, 2 Yr. CAGR %	80.01	67.82	-38.51	-35.22	112.89
Net Income, 2 Yr. CAGR %	80.01	67.82	-38.51	-35.22	112.89
Normalized Net Income, 2 Yr. CAGR %	106.92	81.25	-27.95	-36.66	89.84
Diluted EPS Before Extra, 2 Yr. CAGR %	80.01	67.82	-38.51	-35.22	112.89
Accounts Receivable, 2 Yr. CAGR %	15.4	20	16.99	-2.6	6.43
Inventory, 2 Yr. CAGR %	23.03	19.57	-0.7	1.82	-0.66
Net Property, Plant and Equip., 2 Yr. CAGR %	7.1	8.3	-0.23	-4.38	-6.49
Total Assets, 2 Yr. CAGR %	9.5	11.88	3.47	-4.18	4.32
Tangible Book Value, 2 Yr. CAGR %	4.6	7.58	2.36	-0.56	7.51
Common Equity, 2 Yr. CAGR %	4.58	7.67	2.5	-0.61	7.34
Cash From Operations, 2 Yr. CAGR %	90.95	36.77	-16.02	-65.33	66.34
Capital Expenditures, 2 Yr. CAGR %	78.88	7.02	-33.56	-11.74	1.62
Levered Free Cash Flow, 2 Yr. CAGR %	23.44	44.41	213.7	-54.18	110.3
Unlevered Free Cash Flow, 2 Yr. CAGR %	25.45	44.21	193.81	-55.5	107.87
Dividend Per Share, 2 Yr. CAGR %	18.32	34.16	-15.48	-33.33	73.21
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.41	18.94	15.26	-2.32	-1.63
Gross Profit, 3 Yr. CAGR %	32.72	58.74	22.6	-4.07	8.85
EBITDA, 3 Yr. CAGR %	22.95	93.76	2.56	-5.63	12.35
EBITA, 3 Yr. CAGR %	59.54	73.14	11.02	-4.26	15.71
EBIT, 3 Yr. CAGR %	59.54	73.14	11.02	-4.26	15.71
Earnings From Cont. Operations, 3 Yr. CAGR %	61.4	52.66	-1.01	-22.76	16
Net Income, 3 Yr. CAGR %	61.4	52.66	-1.01	-22.76	16
Normalized Net Income, 3 Yr. CAGR %	51.13	73.06	12.1	-21.39	15.61
Diluted EPS Before Extra, 3 Yr. CAGR %	61.4	52.66	-1.01	-22.76	16
Accounts Receivable, 3 Yr. CAGR %	3.37	24.03	11.22	10.77	2.66
Inventory, 3 Yr. CAGR %	10.89	18.37	8.76	4.34	-3.88
Net Property, Plant and Equip., 3 Yr. CAGR %	2.78	5.24	4.73	-2.41	-5.03
Total Assets, 3 Yr. CAGR %	2.22	11.13	5.4	1.67	0.59
Tangible Book Value, 3 Yr. CAGR %	0.03	5.46	4.2	1.96	4.15
Common Equity, 3 Yr. CAGR %	-0	5.5	4.29	1.98	4.08
Cash From Operations, 3 Yr. CAGR %	6.05	70.02	-0.72	-45.48	13.12
Capital Expenditures, 3 Yr. CAGR %	32.05	16.1	1.11	-27.51	-2.32
Levered Free Cash Flow, 3 Yr. CAGR %	-49.22	172.51	-5.07	71.42	21.96
Unlevered Free Cash Flow, 3 Yr. CAGR %	-47.74	167.9	-4.52	59.85	21.83
Dividend Per Share, 3 Yr. CAGR %	2.5	21.64	0	-17.02	18.56
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.34	5.86	6	7.5	8.63
Gross Profit, 5 Yr. CAGR %	9.53	22.87	16.81	25.29	23.43
EBITDA, 5 Yr. CAGR %	-0.05	11.81	3.64	41.22	22.01
EBITA, 5 Yr. CAGR %	4.24	26.26	15.59	29.17	38.38
EBIT, 5 Yr. CAGR %	4.24	26.26	15.59	29.17	38.38
Earnings From Cont. Operations, 5 Yr. CAGR %	5.36	22.29	9.72	8.35	34.47
Net Income, 5 Yr. CAGR %	5.36	22.29	9.72	8.35	34.47
Normalized Net Income, 5 Yr. CAGR %	3.57	26.67	12.37	15.77	38.39
Diluted EPS Before Extra, 5 Yr. CAGR %	5.36	22.29	9.72	8.35	34.47
Accounts Receivable, 5 Yr. CAGR %	-2.41	8.53	8.62	12.6	9.28
Inventory, 5 Yr. CAGR %	3.69	8.22	6.1	11.45	4.89
Net Property, Plant and Equip., 5 Yr. CAGR %	-0.67	1.11	1.56	1.29	0.09
Total Assets, 5 Yr. CAGR %	0.33	4.16	2.72	4.73	4.97
Tangible Book Value, 5 Yr. CAGR %	-0.19	1.32	0.95	3.01	5.51
Common Equity, 5 Yr. CAGR %	-0.15	1.39	0.99	3.01	5.5
Cash From Operations, 5 Yr. CAGR %	-9.9	2.65	-3.4	-9.99	22.05
Capital Expenditures, 5 Yr. CAGR %	12.95	8.35	0.33	4.04	1.31
Levered Free Cash Flow, 5 Yr. CAGR %	-44.38	0.15	-6.53	33.55	30.49
Unlevered Free Cash Flow, 5 Yr. CAGR %	-43.42	0.21	-6.11	30.66	30.34
Dividend Per Share, 5 Yr. CAGR %	0	17.61	-5.11	-4.36	24.57