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Platt Nera International Limited logo

Platt Nera International Limited

1949.HK

HKSETechnologyInformation Technology Services

Open in GoAI

Latest quote

HK$0.585

−HK$0.01 · -1.68%

Aug 24, 1:59 PM HKT

1949.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Platt Nera International Limited, an investment holding enterprise, specializes in offering IT solutions and services across Thailand. The company serves diverse sectors, including banking, finance, government administration, telecommunications, and utilities. Its comprehensive IT integrated solutions encompass the entire lifecycle, from system design and assessment of hardware/software options to sourcing, sales, installation, integration into clients' core IT infrastructure, trial operations, and system upgrades. Furthermore, Platt Nera provides ongoing operational support, maintenance, and enhancement services for IT systems, alongside the sale of relevant equipment. Founded in 2004 and headquartered in Bangkok, Thailand, the company functions as a subsidiary of Pynk Holding Limited.

Industry
Information Technology Services
Sector
Technology
Headquarters
TH
CEO
Prapan Asvaplungprohm
Listed since
Jul 16, 2019
Employees
52

Market position

Day range

Current HK$0.585

52-week range

Current HK$0.585

Open
HK$0.595
Previous close
HK$0.595
Volume
2.15M
5.53× average
Average volume
388.21K
Average daily volume
Market cap
112.37M HKD
Beta
-0.55
Market reference 1
50-day average
HK$0.5571
+5.01% above average
200-day average
HK$0.694
-15.70% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
676.39M THB
P/E (TTM)
-3.82×
P/B (TTM)
1.34×
P/S (TTM)
1.25×
EV / EBITDA
-11.57×
Earnings yield
-21.90%
Free cash flow yield
-19.87%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
22.47%
Operating margin
-15.73%
Net margin
-27.90%
Return on equity
-31.87%
Return on assets
-9.64%
Return on invested capital
-9.24%

Financial health

Debt / equity
0.92×
Current ratio
1.33×
Altman Z-score
0.17
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends51%-63%-177%-291%Gross margin, FY2021: 11.04%Gross margin, FY2022: -13.05%Gross margin, FY2023: 18.34%Gross margin, FY2024: 22.00%Gross margin, FY2025: 22.47%Operating margin, FY2021: 2.88%Operating margin, FY2022: -23.39%Operating margin, FY2023: 4.81%Operating margin, FY2024: -34.16%Operating margin, FY2025: -15.73%Net margin, FY2021: -8.69%Net margin, FY2022: -31.17%Net margin, FY2023: 1.63%Net margin, FY2024: -262.30%Net margin, FY2025: -27.90%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 11.04%. Gross margin FY2022 -13.05%. Gross margin FY2023 18.34%. Gross margin FY2024 22.00%. Gross margin FY2025 22.47%. Operating margin FY2021 2.88%. Operating margin FY2022 -23.39%. Operating margin FY2023 4.81%. Operating margin FY2024 -34.16%. Operating margin FY2025 -15.73%. Net margin FY2021 -8.69%. Net margin FY2022 -31.17%. Net margin FY2023 1.63%. Net margin FY2024 -262.30%. Net margin FY2025 -27.90%.

Income trends

Revenue

381.06M THB+249.39%

Operating income

−59.93M THB-60.86%

Net income

−106.34M THB+62.83%
Income trends across reported periods561.85M THB253.51M THB−54.83M THB−363.16M THBRevenue, FY2021: 337.54M THBRevenue, FY2022: 269.59M THBRevenue, FY2023: 484.76M THBRevenue, FY2024: 109.07M THBRevenue, FY2025: 381.06M THBOperating income, FY2021: 9.73M THBOperating income, FY2022: −63.05M THBOperating income, FY2023: 23.32M THBOperating income, FY2024: −37.26M THBOperating income, FY2025: −59.93M THBNet income, FY2021: −29.34M THBNet income, FY2022: −84.02M THBNet income, FY2023: 7.89M THBNet income, FY2024: −286.08M THBNet income, FY2025: −106.34M THBFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 337.54M THB. Revenue FY2022 269.59M THB. Revenue FY2023 484.76M THB. Revenue FY2024 109.07M THB. Revenue FY2025 381.06M THB. Operating income FY2021 9.73M THB. Operating income FY2022 −63.05M THB. Operating income FY2023 23.32M THB. Operating income FY2024 −37.26M THB. Operating income FY2025 −59.93M THB. Net income FY2021 −29.34M THB. Net income FY2022 −84.02M THB. Net income FY2023 7.89M THB. Net income FY2024 −286.08M THB. Net income FY2025 −106.34M THB.
Metric (THB)FY2025FY2024FY2023FY2022FY2021
Revenue381.06M THB109.07M THB484.76M THB269.59M THB337.54M THB
Cost of goods sold295.43M THB85.07M THB395.88M THB304.77M THB300.27M THB
Gross profit85.64M THB24M THB88.89M THB−35.19M THB37.28M THB
Selling, general, and administrative112.97M THB61.26M THB65.57M THB66.59M THB76.78M THB
Operating expenses145.57M THB61.26M THB65.57M THB66.59M THB76.78M THB
Interest income11.92M THB—29.24M THB41.71M THB50.89M THB
Interest expense31.69M THB41.76M THB37.75M THB45.32M THB51.9M THB
Depreciation and amortization1.46M THB364K THB364K THB4.66M THB4.73M THB
Operating income−59.93M THB−37.26M THB23.32M THB−63.05M THB9.73M THB
Net income−106.34M THB−286.08M THB7.89M THB−84.02M THB−29.34M THB

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.08

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.05-0.14-0.32-0.51Q3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 26, 2022: actual -0.045, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 31, 2023: actual -0.191, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 0.002, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 0.013, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 0.002, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual -0.473, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual -0.073, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual -0.084, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates92.55M63.74M34.94M6.13MQ3 '22Q2 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q3 2022, reported Aug 26, 2022: actual 37.04M HKD, estimate —, surprise —, Comparison unavailable. Q2 2023, reported May 31, 2023: actual 22.97M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 31, 2023: actual 43.94M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 27, 2024: actual 64.5M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 28, 2024: actual 14.03M HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 31, 2025: actual 9.6M HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 26, 2025: actual 7.22M HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 30, 2026: actual 86.23M HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Dec 5, 2025

1:5

Stock split

Effective Aug 7, 2023

49:41

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