Thaifoods Group Public Company Limited

Thailand Stock Exchange TFG.BK

Thaifoods Group Public Company Limited Debt to Equity Ratio for the year ending December 31, 2023: 1.91

Thaifoods Group Public Company Limited Debt to Equity Ratio is 1.91 for the year ending December 31, 2023, a 22.09% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Thaifoods Group Public Company Limited Debt to Equity Ratio for the year ending December 31, 2022 was 1.56, a -9.53% change year over year.
  • Thaifoods Group Public Company Limited Debt to Equity Ratio for the year ending December 31, 2021 was 1.73, a 80.43% change year over year.
  • Thaifoods Group Public Company Limited Debt to Equity Ratio for the year ending December 31, 2020 was 0.96, a -4.08% change year over year.
  • Thaifoods Group Public Company Limited Debt to Equity Ratio for the year ending December 31, 2019 was 1.00, a -27.47% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Thailand Stock Exchange: TFG.BK

Thaifoods Group Public Company Limited

CEO Mr. Winai Teawsomboonkij
IPO Date Oct. 8, 2015
Location Thailand
Headquarters 1010, Shinawatra Tower 3
Employees 3,662
Sector Consumer Staples
Industries
Description

Thaifoods Group Public Company Limited, together with its subsidiaries, engages in the production and distribution of chicken and swine products in Thailand and Vietnam. It operates through Poultry Business, Swine Business, Feed Mill Business, and Others segments. The company engages in chicken breeding, chicken meat production and sales, and sales of day-old chicks, live chickens, and processed chicken; pig breeding and sale of live pig and pork meat; manufacture and sale of feed for animals; provision of research facility services; and production and sale of animal feed sacks, plastic farming equipment, and sauce and seasoning drinks. It also offers various chicken products, such as whole chickens; chicken parts, which include wings, chests, legs, flippers, and gizzards; processed chicken; and distributes frozen and chilled chicken products. In addition, the company engages in the production and distribution of broiler chicken; research of cattle diseases; manufacture of vaccine, and sacks and plastic sacks; and provision of equipment rental services, as well as offers credits and guarantees. It serves brokers, retailers, slaughterhouses, industrial and modern trade companies, export/re-export agents, and export markets. The company also exports its products. Thaifoods Group Public Company Limited was founded in 1987 and is headquartered in Bangkok, Thailand.

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StockViz Staff

January 15, 2025

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