Thantawan Industry Public Company Limited

Thantawan Industry Public Company Limitedverified

THIP.BK

Price:

$22.8

Market Cap:

$2.05B

Thantawan Industry Public Company Limited manufactures and sells plastic products in Thailand. It offers drinking straws, zipper and slider bags, general bags, cling wraps, zip profiles, and body scrubs; and compostable products comprising paper and bio straws, bio zipper bags, shopping bags, gloves, cutlery and agricultural films, and bio garbage bag on roll. The company sells its products under the Sun Products, Kitchen Neat, Fresh & Fresh, Zip Solution, SunBio, and SunMum brands. It also exports its products to Europe, Australia, New Zealand, the United States, Asia, and Africa. The company was formerly known as Blowtech (Thailand) Co., Ltd. and changed its name to Thantawan Industry Publ...[Read more]

Industry

Packaging & Containers

IPO Date

2000-01-04

Stock Exchange

SET

Ticker

THIP.BK

The Current Ratio as of December 2025 (TTM) for Thantawan Industry Public Company Limited (THIP.BK) is 2.80

According to Thantawan Industry Public Company Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.80. This represents a change of -24.53% compared to the average of 3.71 of the last 4 quarters.

Thantawan Industry Public Company Limited (THIP.BK) Historical Current Ratio (quarterly & annually)

How has THIP.BK Current Ratio performed in the past?

The mean historical Current Ratio of Thantawan Industry Public Company Limited over the last ten years is 3.55. The current 2.80 Current Ratio has changed 7.80% with respect to the historical average. Over the past ten years (40 quarters), THIP.BK's Current Ratio was at its highest in in the December 2023 quarter at 4.87. The Current Ratio was at its lowest in in the June 2022 quarter at 2.46.

Quarterly (TTM)
Annual

Average

3.55

Median

3.37

Minimum

2.93

Maximum

4.87

Thantawan Industry Public Company Limited (THIP.BK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Thantawan Industry Public Company Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 51.54%

Maximum Annual Current Ratio = 4.87

Minimum Annual Increase = -24.86%

Minimum Annual Current Ratio = 2.93

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.66-24.86%
20234.8751.54%
20223.219.80%
20212.93-24.39%
20203.872.19%
20193.7912.74%
20183.364.55%
20173.210.99%
20163.18-5.73%
20153.385.89%

Thantawan Industry Public Company Limited (THIP.BK) Average Current Ratio

How has THIP.BK Current Ratio performed in the past?

The current Current Ratio of Thantawan Industry Public Company Limited (THIP.BK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.92

5-year avg

3.71

10-year avg

3.55

Thantawan Industry Public Company Limited (THIP.BK) Current Ratio vs. Peers

How is THIP.BK’s Current Ratio compared to its peers?

Thantawan Industry Public Company Limited’s Current Ratio is less than Crown Seal Public Company Limited (5.07), greater than Thai Plaspac Public Company Limited (0.93), greater than Starflex Public Company Limited (1.19), greater than Fortune Parts Industry Public Company Limited (1.92), greater than Srithai Superware Public Company Limited (1.73), less than Inoue Rubber (Thailand) Public Company Limited (4.39), greater than TPBI Public Company Limited (2.07), less than Hwa Fong Rubber (Thailand) Public Company Limited (5.15), less than Thai Wacoal Public Company Limited (3.86), greater than Panjawattana Plastic Public Company Limited (0.80),

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