Portfolio Summary: 9 companies assessed. Product routing applied per skill framework: 7 recommended for Invoice Factoring; 1 for PO Financing (ITCB — pre-revenue investment entity); 1 assessed as High Risk — Invoice Factoring with enhanced conditions (SHP Rice). All rates comply with CCC §654 (≤ 15% p.a.). Default interest fixed at 5% p.a. — CCC §224. Click any company card to view full analysis.
Side-by-Side Comparison
| Company | Product | Risk | Score | Advance / Rate | Discount / Fee | Credit / Limit | Decision |
|---|---|---|---|---|---|---|---|
| Healthsure | Invoice Factoring | Moderate Risk | 61.5 | 65–69% | 1.125–1.250%/30d | THB 3.0M – THB 3.5M | Approve |
| ITCB | PO Financing | Moderate-High Risk | 42.5 | 65% | 2.00% flat/cycle | THB 10.0M | Enhanced |
| SEAN & SHANE | Invoice Factoring | Moderate Risk | 61.2 | 74–78% | 1.025–1.150%/30d | THB 4.0M – THB 6.0M | Approve |
| Wangyao | Invoice Factoring | Moderate-High Risk | 43.2 | 70–74% | 1.125–1.250%/30d | THB 500K – THB 1.0M | Enhanced |
| Hero Good | Invoice Factoring | Moderate-High Risk | 44.2 | 72–76% | 1.125–1.250%/30d | THB 0 – THB 500K | Enhanced |
| Thai Younger Farm | Invoice Factoring | Moderate Risk | 55.5 | 69–73% | 1.025–1.150%/30d | THB 3.0M – THB 4.0M | Approve |
| Suree Interfoods | Invoice Factoring | Moderate Risk | 64.0 | 78–82% | 1.125–1.250%/30d | THB 622.0M – THB 855.5M | Approve |
| Surin Bran Oil | Invoice Factoring | Moderate Risk | 61.2 | 77–81% | 1.025–1.150%/30d | THB 18.5M – THB 22.0M | Approve |
| SHP Rice | Invoice Factoring | High Risk | 26.8 | 65–69% | 1.125–1.250%/30d | THB 17.5M – THB 24.0M | Decline |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: Healthsure Nutrition Co., Ltd. qualifies for Invoice Factoring (composite 61.5/100 — Moderate Risk). FY2025 revenue THB 22.5M, AR THB 3.84M, gross margin 52.8%, D/E 1.28x. 3 consecutive profitable years. Primary risk: revenue volatility. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2025
Net Revenue
THB 22.5M
FY2025
Net Profit
THB 1.49M
3 consecutive profitable yrs
Gross Margin
52.8%
GPM latest year
AR Balance
THB 3.84M
39.6% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2020 | THB 0 | THB 0 | — | THB 0 | — | 0.02x | 59.38x | THB 934K |
| 2021 | THB 16K | THB -92K | — | THB 0 | — | 1.92x | 1.50x | THB 842K |
| 2022 | THB 6.1M | THB -590K | — | THB 1.66M | 99d | 13.59x | 1.04x | THB 252K |
| 2023 | THB 29.4M | THB 742K | 16.7% | THB 3.81M | 47d | 3.61x | 1.14x | THB 2.0M |
| 2024 | THB 27.5M | THB 763K | 25.5% | THB 3.40M | 45d | 1.41x | 1.50x | THB 2.8M |
| 2025 | THB 22.5M | THB 1.5M | 52.8% | THB 3.84M | 62d | 1.28x | 4.69x | THB 4.2M |
Financing Product Recommendation
FAIL — AR negligible or collection days anomalous
PASS — Large-capital pre-revenue entity, PO-eligible
Higher-priority gate matched
Conclusion: ITCB Company Limited is a pre-revenue investment entity (equity THB 252.9M, assets THB 272.9M). Zero trade revenue across all reporting years — Invoice Factoring not applicable. PO Financing recommended for verified purchase orders from creditworthy buyers (composite 42.5/100 — Moderate-High Risk). All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2024
Net Revenue
THB 0
FY2024
Net Profit
THB -4.19M
0 consecutive profitable yrs
Gross Margin
—
GPM latest year
AR Balance
THB 8.98M
3.3% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended PO Financing Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2021 | THB 0 | THB 56K | — | THB 0 | — | 0.00x | — | THB 10.1M |
| 2022 | THB 0 | THB -65K | — | THB 0 | — | 0.01x | — | THB 236.0M |
| 2023 | THB 0 | THB -1.8M | — | THB 0 | — | 0.03x | 27.53x | THB 234.2M |
| 2024 | THB 0 | THB -4.2M | — | THB 8.98M | — | 0.08x | 0.81x | THB 252.9M |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: SEAN & SHANE CORP COMPANY LIMITED qualifies for Invoice Factoring (composite 61.2/100 — Moderate Risk). FY2025 revenue THB 63.1M, AR THB 5.23M, gross margin 17.9%, D/E 2.96x. 3 consecutive profitable years. Primary risk: revenue volatility. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2025
Net Revenue
THB 63.1M
FY2025
Net Profit
THB 73K
3 consecutive profitable yrs
Gross Margin
17.9%
GPM latest year
AR Balance
THB 5.23M
20.1% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2021 | THB 174.8M | THB 114K | — | THB 21.12M | 44d | 3.31x | 1.49x | THB 7.8M |
| 2022 | THB 8.3M | THB -1.8M | — | THB 14.77M | 646d | 3.07x | 2.45x | THB 6.0M |
| 2023 | THB 30.3M | THB 219K | 12.9% | THB 14.05M | 169d | 2.98x | 2.50x | THB 6.2M |
| 2024 | THB 20.7M | THB 292K | 18.3% | THB 14.79M | 261d | 3.14x | 1.05x | THB 6.5M |
| 2025 | THB 63.1M | THB 73K | 17.9% | THB 5.23M | 30d | 2.96x | 5.25x | THB 6.6M |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: Wangyao Group Co., Ltd. qualifies for Invoice Factoring (composite 43.2/100 — Moderate-High Risk). FY2023 revenue THB 5.3M, AR THB 867K, gross margin 33.9%, D/E 2.21x. 4 consecutive profitable years. Primary risk: thin equity THB 1.1M. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2023
Net Revenue
THB 5.3M
FY2023
Net Profit
THB 54K
4 consecutive profitable yrs
Gross Margin
33.9%
GPM latest year
AR Balance
THB 867K
25.1% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2019 | THB 0 | THB 0 | — | THB 10K | — | 0.03x | 33.68x | THB 583K |
| 2020 | THB 234K | THB 69K | — | THB 43K | 68d | 3.62x | 1.39x | THB 653K |
| 2021 | THB 540K | THB 33K | — | THB 386K | 261d | 3.19x | 1.17x | THB 685K |
| 2022 | THB 5.6M | THB 337K | — | THB 2.54M | 166d | 3.85x | 3.01x | THB 1.0M |
| 2023 | THB 5.3M | THB 54K | 33.9% | THB 867K | 60d | 2.21x | 1.48x | THB 1.1M |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: Hero Good Co., Ltd. qualifies for Invoice Factoring (composite 44.2/100 — Moderate-High Risk). FY2025 revenue THB 42K, AR THB 18K, gross margin 14.5%, D/E 0.00x. 2 consecutive profitable years. Primary risk: revenue volatility. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2025
Net Revenue
THB 42K
FY2025
Net Profit
THB 8K
2 consecutive profitable yrs
Gross Margin
14.5%
GPM latest year
AR Balance
THB 18K
0.3% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2024 | THB 420K | THB 246K | 68.4% | THB 5K | 5d | 0.00x | — | THB 5.2M |
| 2025 | THB 42K | THB 8K | 14.5% | THB 18K | 156d | 0.00x | — | THB 5.3M |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: Thai Younger Farm Co., Ltd. qualifies for Invoice Factoring (composite 55.5/100 — Moderate Risk). FY2025 revenue THB 33.4M, AR THB 3.66M, gross margin 35.4%, D/E 6.91x. 5 consecutive profitable years. Primary risk: high leverage D/E 6.91x. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2025
Net Revenue
THB 33.4M
FY2025
Net Profit
THB 557K
5 consecutive profitable yrs
Gross Margin
35.4%
GPM latest year
AR Balance
THB 3.66M
17.0% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2021 | THB 7.9M | THB 303K | — | THB 24K | 1d | 7.39x | 0.04x | THB 980K |
| 2022 | THB 16.6M | THB 483K | — | THB 71K | 2d | 7.77x | 0.51x | THB 1.5M |
| 2023 | THB 33.8M | THB 214K | 37.8% | THB 318K | 3d | 8.23x | 0.07x | THB 1.7M |
| 2024 | THB 51.3M | THB 493K | 48.6% | THB 157K | 1d | 7.70x | 0.13x | THB 2.2M |
| 2025 | THB 33.4M | THB 557K | 35.4% | THB 3.66M | 40d | 6.91x | 3.74x | THB 2.7M |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: SUREE INTERFOODS CO., LTD. qualifies for Invoice Factoring (composite 64.0/100 — Moderate Risk). FY2024 revenue THB 3.3B, AR THB 777.56M, gross margin 21.5%, D/E 0.83x. 5 consecutive profitable years. Primary risk: revenue volatility. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2024
Net Revenue
THB 3.3B
FY2024
Net Profit
THB 224.86M
5 consecutive profitable yrs
Gross Margin
21.5%
GPM latest year
AR Balance
THB 777.56M
23.7% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2020 | THB 2.6B | THB 96.6M | — | THB 401.80M | 55d | 1.22x | 0.95x | THB 1.0B |
| 2021 | THB 2.8B | THB 172.6M | — | THB 579.63M | 75d | 0.87x | 1.12x | THB 1.2B |
| 2022 | THB 3.0B | THB 178.8M | — | THB 454.63M | 55d | 0.59x | 1.28x | THB 1.4B |
| 2023 | THB 2.7B | THB 204.4M | 20.2% | THB 531.07M | 71d | 0.62x | 1.44x | THB 1.6B |
| 2024 | THB 3.3B | THB 224.9M | 21.5% | THB 777.56M | 85d | 0.83x | 1.45x | THB 1.8B |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: SURIN BRAN OIL COMPANY LIMITED qualifies for Invoice Factoring (composite 61.2/100 — Moderate Risk). FY2024 revenue THB 236.6M, AR THB 22.94M, gross margin 17.9%, D/E 1.46x. 4 consecutive profitable years. Primary risk: revenue volatility. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2024
Net Revenue
THB 236.6M
FY2024
Net Profit
THB 11.96M
4 consecutive profitable yrs
Gross Margin
17.9%
GPM latest year
AR Balance
THB 22.94M
15.2% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2021 | THB 199.0M | THB 14.2M | — | THB 23.92M | 44d | 4.18x | 0.61x | THB 30.2M |
| 2022 | THB 285.3M | THB 16.3M | — | THB 34.49M | 44d | 2.76x | 0.71x | THB 46.6M |
| 2023 | THB 249.0M | THB 2.9M | 12.3% | THB 26.10M | 38d | 2.74x | 0.70x | THB 49.5M |
| 2024 | THB 236.6M | THB 12.0M | 17.9% | THB 22.94M | 35d | 1.46x | 0.77x | THB 61.4M |
Financing Product Recommendation
PASS — AR exists, trade invoices issued, collection days normal
SKIP (Gate A passed)
Higher-priority gate matched
Conclusion: SHP RICE INTER TRADE CO., LTD. qualifies for Invoice Factoring (composite 26.8/100 — High Risk). FY2024 revenue THB 94.9M, AR THB 21.78M, gross margin 6.7%, D/E 15.08x. 3 consecutive profitable years. Primary risk: high leverage D/E 15.08x. All fees ≤ 15% p.a. — CCC §654.
Company Information
Key Metrics — FY2024
Net Revenue
THB 94.9M
FY2024
Net Profit
THB 513K
3 consecutive profitable yrs
Gross Margin
6.7%
GPM latest year
AR Balance
THB 21.78M
45.2% of assets
Revenue & Net Profit (THB M)
Gross & Net Margin (%)
Balance Sheet (THB M)
Current Ratio & D/E (x)
Risk Assessment
Liquidity
Debt Serviceability
Business Sustainability
Recommended Invoice Factoring Terms
Historical Financial Summary
| FY | Revenue | Net Profit | GPM | AR | Coll. Days | D/E | CR | Equity |
|---|---|---|---|---|---|---|---|---|
| 2020 | THB 496K | THB -2.1M | — | THB 531K | 391d | 9.50x | 0.04x | THB 3.1M |
| 2021 | THB 8.8M | THB -2.5M | — | THB 2.07M | 86d | 56.42x | 0.11x | THB 580K |
| 2022 | THB 33.9M | THB 1.2M | — | THB 8.30M | 89d | 18.91x | 0.24x | THB 1.8M |
| 2023 | THB 21.6M | THB 663K | 22.2% | THB 13.42M | 227d | 15.54x | 0.39x | THB 2.5M |
| 2024 | THB 94.9M | THB 513K | 6.7% | THB 21.78M | 84d | 15.08x | 0.50x | THB 3.0M |