Power generation: 70%
Renewable energies: 20%
Other services: 10%

Thailand: 60%
Australia: 25%
Laos: 15%

The Ratch Group Public Company Limited generates the majority of its revenue from power generation, with a significant portion also coming from renewable energies. This reflects the global trend towards sustainable energy.

Thailand is the main market for the Ratch Group, attributed to its strong local presence and the importance of the energy sector in the region. Australia and Laos follow as important markets, with Australia standing out due to investments in renewable energies and Laos through cross-border energy projects.

Production Sites of Ratch Group Public Company Limited:

Ratch Group Public Company Limited is a leading energy company in Thailand specializing in the generation and distribution of electricity.

• Thailand: The main production site, with several power plants utilizing both conventional and renewable energy sources.
• Australia: Investments in various energy projects, including renewable energies.
• Laos: Participation in hydropower projects, which constitute a significant portion of the energy production.

Ratch Group has diversified its production capacities to be present in both domestic and international markets. This allows the company to benefit from different energy sources and strengthen its market position.

Investments in Renewable Energies: 30% of the total budget (2026)
Expansion into International Markets: 20% growth in the Asia-Pacific region (2026)

The Ratch Group Public Company Limited is pursuing a strategy that heavily focuses on diversifying its energy portfolio, particularly through investments in renewable energies. The company plans to invest approximately 30% of its total budget in expanding solar and wind power plants to meet the increasing demand for sustainable energy sources.

In addition, Ratch is focusing on expanding into international markets, with a particular emphasis on the Asia-Pacific region. The company aims for a 20% growth by forming partnerships with local energy providers and initiating new projects.

These strategic initiatives are intended not only to increase the company's growth potential but also to strengthen its position as a leading energy provider in the region.

Main raw materials: Coal, natural gas

Countries of origin: Indonesia, Australia, Qatar

The Ratch Group Public Company Limited, a leading energy company in Thailand, mainly imports coal and natural gas for energy generation. Indonesia and Australia are the primary suppliers of coal, while natural gas is mainly sourced from Qatar.

This import strategy enables Ratch Group to make its energy production efficient and ensure supply security through diversified sources. The choice of supplier countries is based on their capacity, quality of raw materials, and geopolitical stability.

Market share in the energy sector: 8% (2025, estimate)
EBITDA margin: 35% (2025)
Return on Equity (ROE): 10.5% (2025)

The Ratch Group Public Company Limited has a significant competitive advantage in the Thai energy market, especially due to its strong market position and diversification in the renewable energy sector. The EBITDA margin of 35% demonstrates an efficient cost structure and high profitability compared to competitors.

The 8% market share in the energy sector highlights their importance as one of the leading energy providers in Thailand. Continuous investments in renewable energy and infrastructure projects further strengthen their competitive position.

Additionally, a Return on Equity of 10.5% supports the company's ability to generate solid returns from the capital deployed, indicating an effective business strategy and good management.

Institutional Investor Share: 45% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last year

The institutional investor share in Ratch Group Public Company Limited is estimated to be around 45%. This indicates a strong trust from institutional investors in the company, which often signals stable financial performance and good future prospects.

In 2026, there were no significant insider buys or sells, suggesting that the management and other insiders are content with the current valuation of the company and do not anticipate drastic changes in the company's strategy or performance.

Market Share Ratch Group: 8% (2026, estimated)

Top Competitors and their Market Shares:

1. Electricity Generating Public Company Limited (EGCO): 12%
2. Gulf Energy Development Public Company Limited (GULF): 11%
3. Banpu Power Public Company Limited (BPP): 10%
4. Global Power Synergy Public Company Limited (GPSC): 9%
5. Ratch Group Public Company Limited (RATCH): 8%
6. B.Grimm Power Public Company Limited (BGRIM): 7%
7. CK Power Public Company Limited (CKP): 6%

Moat Analysis:

Ratch Group has a moderate moat, mainly stemming from its established market position and diversified portfolio of energy projects. Their strategic partnerships and investments in renewable energy enhance their competitiveness.

However, compared to competitors, Ratch Group does not have a significant technological or cost advantage. Companies like Gulf Energy Development and Electricity Generating Public Company may have a stronger moat due to their larger investments in innovative technologies and international expansion.

Overall, competition in the Thai energy industry remains intense, and Ratch Group must continue to invest in efficiency and innovation to maintain and expand its market position.

Revenue Growth: 8.5% (2025) Profit Growth: 7.2% (2025) Dividend Yield: 4.5% (2025)

In 2025, Ratch Group Public Company Limited achieved a solid revenue growth of 8.5%. This indicates that the company is able to strengthen its market position and increase its earnings. The profit growth of 7.2% in the same year supports this positive development and suggests efficient cost control and operational efficiency.

The dividend yield of 4.5% in 2025 is attractive to investors seeking stable returns. This yield is above the industry average and signals that the company is capable of providing regular payouts to its shareholders.

In summary, due to its solid growth and attractive dividend yield, Ratch Group could be an interesting investment opportunity. However, potential investors should also consider other factors such as market conditions and long-term corporate strategies before making an investment decision.

Dividend Yield: 5.2% (estimated for 2026)
Dividend History: Continuous payout over the last 5 years

In recent years, Ratch Group Public Company Limited has pursued a consistent dividend policy. The estimated dividend yield of 5.2% in 2026 suggests that the company continues to offer an attractive return for investors.

The reliability of dividend payments is supported by the stable financial performance and strategic focus of the company in the energy sector. Historically, Ratch Group has regularly distributed its dividends, indicating a solid financial foundation and a sustainable business model.