Provide engineering inspection services and create technological innovations for inspecting structures and production equipment in the petroleum, energy, and other industries.
| 6M25 | 6M24 | 2024 | 2023 |
|---|
| Revenues | 337.55 | 336.85 | 757.36 | 647.70 |
| Expenses | 374.58 | 318.27 | 695.06 | 587.50 |
| Net Profit (Loss) | -46.93 | 15.74 | 56.95 | 50.33 |
| Assets | 1,084.77 | 1,030.00 | 1,089.05 | 1,034.84 |
| Liabilities | 274.49 | 175.95 | 206.20 | 176.34 |
| Shareholders' Equity | 810.29 | 854.04 | 882.85 | 858.50 |
| Operating | 72.89 | 107.36 | 160.84 | 3.31 |
| Investing | -74.43 | -77.82 | -146.00 | -244.80 |
| Financing | 15.45 | -31.65 | -33.17 | 365.01 |
| EPS (Baht) | -0.10 | 0.03 | 0.12 | 0.11 |
| GP Margin (%) | 19.10 | 35.02 | 35.35 | 34.27 |
| NP Margin (%) | -13.90 | 4.67 | 7.52 | 7.77 |
| D/E Ratio (x) | 0.34 | 0.21 | 0.23 | 0.21 |
| ROE (%) | -0.69 | 10.18 | 6.54 | 8.90 |
| ROA (%) | 0.09 | 8.87 | 6.14 | 6.99 |
The company is committed to achieving exponential growth. After operating and continuously growing in Thailand for over 29 years, the company decided to raise capital in the stock market to further expand its business and international investments, with the following business plans:
- Invest in research and development to increasingly support inspection services tailored to customer needs.
- Expanded business into the United States by establishing a subsidiary, "Dexon Technology USA Inc.," in the United States in 2023 to support the high growth potential in the U.S. market, driven by complex and aging pipeline systems requiring statutory inspections, and the transition to hydrogen energy (Hydrogen Conversion), which is expected to become a significant energy source in the future.
- Centralized European operations under a single entity, Dexon Technology Europe GmbH, which has been firmly established as the group's center of excellence in Europe and a hub for driving future growth from its strategic location in Stutensee, Germany.
Investors can access to the company's sustainability operational plan via the link Sustainability (dexon-technology.com
1. DEXON is a leading provider of advanced in-line inspection (ILI) services for pipelines.
2. DEXON has a research and development team dedicated to developing equipment, along with highly qualified and efficient personnel, to provide international-standard inspection services that meet diverse client needs.
3. DEXON is a leader in both advanced non-destructive testing (NDT) and conventional non-destructive testing services.
4. DEXON serves a prominent client base, both domestically and internationally, ensuring stable revenue from its service business and fostering repeat client engagements.
Total revenue for the first half of 2025 was 338 million baht, similar to the first half of 2024. Although revenue from advanced pipeline inspection services decreased, revenue from non-destructive testing services increased due to increased customer demand.
Cost of services for the first half of 2025 was 272 million baht, an increase of 25% due to increased expenses related to salaries, wages, and training to support the company's business growth and enhance employee performance, ensuring the delivery of quality and efficient services to customers. Selling, General, and Administrative expenses for the first 6 months of 2025 amounted to 102 million baht, an increase of 2% from the same period last year. These expenses remained relatively stable due to the company's efficient management of such costs. While The company reported a net loss of 47 million baht in the first 6 months of 2025, compared to a net profit of 16 million baht in the first 6 months of 2024.
1996 - The company was established in Thailand with a registered capital of 2 million Baht (formerly named DACON).
2007 - The R&D department successfully manufactured UT-R equipment, marking a significant milestone for the company in providing pipeline inspection services.
2016 - The R&D department successfully developed intelligent inspection equipment utilizing Magnetic Flux Leakage (MFL) technique.
2020-2021 - The company underwent restructuring, increased its registered capital to 75.82 million Baht, and established subsidiaries.
2022 - The company changed its name and status to Dexon Technology Public Company Limited (DEXON), increased its registered capital to 238.25 million Baht, and altered its par value. 2023 - March 31, 2023: 1st Trading Day for "DEXON".
2024 - Received the Best Innovative Company Award 2024 for its high-resolution ultrasonic transducer innovation.
Investors can review the organization's risk management policy at the link risk-management-policy-th.pdf (dexon-technology.com)
Investors can view the company's past awards and achievements at the link News (dexon-technology.com)
| as of 30/06/25 | DEXON | SERVICE | mai |
|---|---|---|---|
| P/E (X) | 16.73 | 63.41 | 60.02 |
| P/BV (X) | 0.82 | 1.59 | 1.15 |
| Dividend yield (%) | 4.05 | 3.34 | 3.94 |
| 30/06/25 | 30/12/24 | 28/12/23 | |
|---|---|---|---|
| Market Cap (MB) | 705.22 | 690.93 | 1,057.83 |
| Price (B/Share) | 1.48 | 1.45 | 2.22 |
| P/E (X) | 16.73 | 7.21 | 47.83 |
| P/BV (X) | 0.82 | 0.83 | 1.36 |
