Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: ฿0.009 (vs ฿0.027 loss in FY 2024) Full year 2025 results: EPS: ฿0.009 (up from ฿0.027 loss in FY 2024). Revenue: ฿4.21b (down 7.1% from FY 2024). Net income: ฿29.3m (up ฿112.0m from FY 2024). Profit margin: 0.7% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Annonce • Feb 27
Bio Green Energy Tech Public Company Limited, Annual General Meeting, Apr 29, 2026 Bio Green Energy Tech Public Company Limited, Annual General Meeting, Apr 29, 2026, at 14:00 SE Asia Standard Time. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: ฿0.036 (vs ฿0.04 loss in 3Q 2024) Third quarter 2025 results: EPS: ฿0.036 (up from ฿0.04 loss in 3Q 2024). Revenue: ฿886.6m (up 73% from 3Q 2024). Net income: ฿109.4m (up ฿230.2m from 3Q 2024). Profit margin: 12% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. New Risk • Aug 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 20% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿580.1m market cap, or US$18.0m). Reported Earnings • Aug 16
Second quarter 2025 earnings released: ฿0.013 loss per share (vs ฿0.009 loss in 2Q 2024) Second quarter 2025 results: ฿0.013 loss per share (further deteriorated from ฿0.009 loss in 2Q 2024). Revenue: ฿933.6m (down 35% from 2Q 2024). Net loss: ฿39.0m (loss widened 47% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
First quarter 2025 earnings released: ฿0.006 loss per share (vs ฿0.001 profit in 1Q 2024) First quarter 2025 results: ฿0.006 loss per share (down from ฿0.001 profit in 1Q 2024). Revenue: ฿1.36b (down 5.8% from 1Q 2024). Net loss: ฿18.0m (down ฿21.4m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Apr 09
Now 26% overvalued Over the last 90 days, the stock has fallen 24% to ฿0.19. The fair value is estimated to be ฿0.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company became loss making. Board Change • Mar 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 2 highly experienced directors. Director Paven Panboonhom was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 28
Full year 2024 earnings released: ฿0.027 loss per share (vs ฿0.04 loss in FY 2023) Full year 2024 results: ฿0.027 loss per share (improved from ฿0.04 loss in FY 2023). Revenue: ฿4.53b (down 1.2% from FY 2023). Net loss: ฿82.0m (loss narrowed 33% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Annonce • Feb 27
Bio Green Energy Tech Public Company Limited, Annual General Meeting, Apr 29, 2025 Bio Green Energy Tech Public Company Limited, Annual General Meeting, Apr 29, 2025, at 14:00 SE Asia Standard Time. New Risk • Feb 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). Earnings have declined by 5.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿610.7m market cap, or US$18.1m). New Risk • Jan 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 5.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿732.8m market cap, or US$21.1m). New Risk • Nov 21
New major risk - Revenue and earnings growth Earnings have declined by 5.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 5.7% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿763.3m market cap, or US$22.0m). New Risk • Aug 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risk Market cap is less than US$100m (฿580.1m market cap, or US$16.5m). Reported Earnings • Aug 10
Second quarter 2024 earnings released: ฿0.009 loss per share (vs ฿0.009 loss in 2Q 2023) Second quarter 2024 results: ฿0.009 loss per share (in line with 2Q 2023). Revenue: ฿1.43b (up 23% from 2Q 2023). Net loss: ฿26.4m (loss widened 1.4% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: ฿0.001 (vs ฿0.009 loss in 1Q 2023) First quarter 2024 results: EPS: ฿0.001 (up from ฿0.009 loss in 1Q 2023). Revenue: ฿1.44b (up 20% from 1Q 2023). Net income: ฿3.57m (up ฿30.0m from 1Q 2023). Profit margin: 0.2% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 01
Full year 2023 earnings released: ฿0.04 loss per share (vs ฿0.035 profit in FY 2022) Full year 2023 results: ฿0.04 loss per share (down from ฿0.035 profit in FY 2022). Revenue: ฿4.58b (up 2.9% from FY 2022). Net loss: ฿121.2m (down 246% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Annonce • Feb 29
Bio Green Energy Tech Public Company Limited, Annual General Meeting, Apr 29, 2024 Bio Green Energy Tech Public Company Limited, Annual General Meeting, Apr 29, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the Company's 2023 operating result; to consider and approve the financial statements for the year ended 31 December 2023; to consider and approve the non-dividend payment to shareholders and the non-appropriation of profit as a legal reserve from the operating result of the year 2023; to consider and approve the remuneration of the Company's Board of Directors and sub-committees for the year 2024; to consider and approve the appointment of auditors, and their remuneration for the year 2024; and to consider other matters. Reported Earnings • Nov 14
Third quarter 2023 earnings released: ฿0.011 loss per share (vs ฿0.004 profit in 3Q 2022) Third quarter 2023 results: ฿0.011 loss per share (down from ฿0.004 profit in 3Q 2022). Revenue: ฿1.06b (up 27% from 3Q 2022). Net loss: ฿32.7m (down 423% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. New Risk • Aug 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.9% average weekly change). Minor Risks Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (฿1.77b market cap, or US$50.4m). Reported Earnings • Aug 12
Second quarter 2023 earnings released: ฿0.008 loss per share (vs ฿0.036 profit in 2Q 2022) Second quarter 2023 results: ฿0.008 loss per share (down from ฿0.036 profit in 2Q 2022). Revenue: ฿1.17b (down 6.2% from 2Q 2022). Net loss: ฿25.8m (down 133% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 18
First quarter 2023 earnings released: ฿0.009 loss per share (vs ฿0.027 profit in 1Q 2022) First quarter 2023 results: ฿0.009 loss per share (down from ฿0.027 profit in 1Q 2022). Revenue: ฿1.19b (up 21% from 1Q 2022). Net loss: ฿26.3m (down 146% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ฿0.005 (vs ฿0.051 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.005 (down from ฿0.051 in 3Q 2021). Revenue: ฿833.0m (up ฿737.5m from 3Q 2021). Net income: ฿10.3m (down 52% from 3Q 2021). Profit margin: 1.2% (down from 22% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Paven Panboonhom was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: ฿0.036 (vs ฿0.006 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.036 (up from ฿0.006 in 2Q 2021). Revenue: ฿1.25b (up ฿1.17b from 2Q 2021). Net income: ฿78.4m (up ฿76.0m from 2Q 2021). Profit margin: 6.3% (up from 3.2% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: ฿0.027 (vs ฿0.03 loss in 1Q 2021) First quarter 2022 results: EPS: ฿0.027 (up from ฿0.03 loss in 1Q 2021). Revenue: ฿987.8m (up ฿933.8m from 1Q 2021). Net income: ฿57.0m (up ฿68.3m from 1Q 2021). Profit margin: 5.8% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ฿1.15, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 9x in the Shipping industry in Asia. Total returns to shareholders of 498% over the past three years. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Archawa Samuthranon was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Archawa Samuthranon was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 25% share price gain to ฿1.27, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 9x in the Shipping industry in Asia. Total returns to shareholders of 530% over the past three years. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improved over the past week After last week's 66% share price gain to ฿1.11, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 9x in the Shipping industry in Asia. Total returns to shareholders of 427% over the past three years. Board Change • Mar 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Pongsak Chindasook was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.18 (up from ฿0.99 loss in FY 2020). Revenue: ฿335.3m (up 59% from FY 2020). Net income: ฿69.0m (up ฿210.0m from FY 2020). Profit margin: 21% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ฿0.045 (vs ฿0.16 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿137.2m (up 137% from 3Q 2020). Net income: ฿21.9m (up ฿43.6m from 3Q 2020). Profit margin: 16% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 27% per year. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS ฿0.006 (vs ฿0.44 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿76.8m (up 54% from 2Q 2020). Net income: ฿2.60m (up ฿63.7m from 2Q 2020). Profit margin: 3.4% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
First quarter 2021 earnings released: ฿0.03 loss per share (vs ฿0.058 loss in 1Q 2020) The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: ฿58.1m (up 35% from 1Q 2020). Net loss: ฿11.2m (loss widened 38% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Full year 2020 earnings released: ฿0.99 loss per share (vs ฿0.36 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ฿215.4m (down 9.4% from FY 2019). Net loss: ฿140.2m (loss widened 185% from FY 2019). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 29
New 90-day high: ฿0.55 The company is up 34% from its price of ฿0.41 on 29 September 2020. The Thai market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 70% over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: ฿0.16 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ฿58.3m (down 22% from 3Q 2019). Net loss: ฿21.5m (loss widened 58% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 05
New 90-day low: ฿0.39 The company is down 5.0% from its price of ฿0.41 on 07 August 2020. The Thai market is down 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 15% over the same period.