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Thai stocks · SET · Real estate and construction · Construction contracting
Held by 2 funds2 open to buy2 AMCs
Last close (THB)17.80+1.00 (+5.95%)as of 4 Nov 2026
Funds that hold it2One fund per scheme
Held through a master fund02 buy the stock themselves
Largest weight in a single fund7.83%Of that fund's NAV
Median weight6.27%Half the funds hold more than this
What does CK do
CH. Karnchang PCL
Builds large projects such as metro lines, expressways and hydropower dams, so revenue depends on the tenders it wins and how far the work progresses, and it also takes a share of profit from the infrastructure companies it holds stakes in
Metro lines and double-track railwaysExpressways and roadsHydropower dams in LaosWater supply and utility systemsPrivate buildings and construction workStakes in BEM, CKP and TTW
Where the revenue comes from, and how much is left as profit (FY2025)
For every 100 baht of sales: cost of sales 92 · operating expenses 4 · other income adds 5 · tax and other items 0 · leaving 8 as net profit
Which funds let you invest in CK
Sorted by weight held, largest first
Investors in Thailand can buy CK through 2 mutual funds open to retail investors. Every one of them buys the stock directly.
The many funds holding less than 3% are usually index funds holding at market weight · Funds holding more than 8% have deliberately chosen a large position
How many funds each AMC holds it through
ONEAM
Data sourcesFunds that buy the stock themselves: top 5 holdings from the AMC's fact sheet as of 30 Sep 2026 · Funds that invest through a master fund: the master fund's portfolio from its issuer's fact sheet or prospectus · Each scheme counts as one fund · Share price: Market data · Financial statements: SEC Thailand (audited financial statements) · Ratios: Market data · Revenue by business segment: SEC Thailand (audited financial statements) · Weights are as of the report date, and funds can change their portfolios at any time · Investing involves risk. This is not investment advice.
4.71%
Buys the stock directly
+30.51%
Showing 2 of 2 funds you can buy · The full list is in the Expert view · Latest weights from portfolio reports, and funds can change their portfolios at any time · Past performance is not a guarantee of future performance
Valuation and key ratios
CH. Karnchang PCL · SET · Fiscal year ends in December
Market cap29.9B THB1.68 billion shares
P/E9.0xPrice ÷ FY2025 EPS 1.98
Forward P/E10.3xBased on forecast 12-month earnings
P/S0.6x
EV/EBITDA9.5x
Dividend yield2.53%0.45 THB per share a year
ROE12.3%Net profit ÷ shareholders' equity
Debt to equity (D/E)1.70xInterest-bearing debt
Beta1.50Against SET50 (TDEX fund)
Gross margin7.6%FY2025
Operating margin7.7%FY2025
Net margin7.6%FY2025
Price ratios use the latest close shown on this page · Forward P/E, P/S and EV/EBITDA from Market data · Beta from 5 years of monthly returns · Total dividends over the last 12 months
Company health made simple
From the FY2025 statements
Sales growth34.4%Fast growth
Yearly average over the last 3 years · Latest annual sales 44.0B THB
Profit from sales8%Thin margin
For every 100 baht of sales, about 8 baht is left as net profit
Dividend2.53%Pays dividends
Per year, relative to the share price · Tech stocks tend to pay little because they reinvest their profits
1-year share price+24.5%Up
Now 11.9% below its 1-year high
A rise or fall in the share price doesn't move a fund by the same amount — a fund is affected only in proportion to how much it holds
Financial statements
Revenue grows 34.4% a year on average · EPS grows 43.5% a year on average
Annual · last 4 fiscal years
Revenue and net profit
FY202218.1B THB1.1B THB
FY202336.5B THB1.5B THB
FY202437.5B THB1.4B THB
FY202544.0B THB3.3B THB
Total revenue
Net profit
Quarterly · last 5 quarters
Revenue and net profit
Q2 FY202510.7B THB862.8M THB
Q3 FY202510.9B THB1.7B THB
Q4 FY202510.4B THB444.4M THB
Q1 FY202612.2B THB329.1M THB
Q2 FY202611.3B THB800.2M THB
Annual income statement, balance sheet and cash flow
Item (THB)
FY2022
FY2023
FY2024
FY2025
Total revenue
18.1B THB
36.5B THB
37.5B THB
44.0B THB
Gross profit
1.4B THB
2.6B THB
2.7B THB
3.3B THB
Operating profit
1.0B THB
2.0B THB
1.8B THB
Free cash flow = operating cash flow − capital expenditure · A cell showing N/A is an item the statement doesn't report, not a zero · Source: SEC Thailand (audited financial statements)
Technical analysis
Closed at 17.80 THB on 4 Nov 2026
Daily trendLeaning upScore 0.40 on a scale of −1 to +1 · 1211 bars
RSI(14)
55.4
ADX(14)
24.0
Position in the price range
34%
Weekly trendClear uptrendScore 0.70 on a scale of −1 to +1 · 262 bars
RSI(14)
51.4
ADX(14)
30.2
Position in the price range
73%
Monthly trendClear uptrendScore 0.67 on a scale of −1 to +1 · 61 bars
RSI(14)
52.1
ADX(14)
18.8
Position in the price range
53%
Moving averages (daily)
Period
SMA
EMA
Price vs line
10 days
17.14
17.22
Above
20 days
17.34
17.34
Above
50 days
17.77
17.69
Above
100 days
18.36
17.75
Below
200 days
Indicators (daily)
Indicator
Value
Signal
RSI(14)
55.42
Up
MACD(12,26)
−0.19
Down
ADX(14)
23.99
Neutral
ATR(14) % of price
1.43
Neutral
Support and resistance (weekly pivots)
s317
s217
s1
Trend score = average of the moving-average group and the indicator group ((up signals − down signals) ÷ number of signals) · RSI and ATR use Wilder's method · MACD uses the 12- and 26-period EMA · An ADX of 25 or above counts as a clear trend · Calculated from daily closing prices from Market data · Not investment advice
One fund counted per scheme · Funds investing through a master fund show the master fund's weight in CK, not the look-through weight · Past performance is not a guarantee of future performance
ONE-MIDSMALLONE MID-SMALL CAP EQUITY FUND
B-SM-RMFBualuang Small-Mid Cap RMF