View Future GrowthEastern Technical Engineering 過去の業績過去 基準チェック /06Eastern Technical Engineeringの収益は年間平均-27%の割合で減少していますが、 Construction業界の収益は年間 増加しています。収益は年間4.6% 0.7%割合で 増加しています。主要情報-26.97%収益成長率-27.24%EPS成長率Construction 業界の成長-2.73%収益成長率0.66%株主資本利益率-1.50%ネット・マージン-1.09%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.013 in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.013 in 1Q 2025). Revenue: ฿293.6m (up 1.3% from 1Q 2025). Net income: ฿9.52m (up 30% from 1Q 2025). Profit margin: 3.2% (up from 2.5% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 02Full year 2025 earnings released: ฿0.03 loss per share (vs ฿0.024 profit in FY 2024)Full year 2025 results: ฿0.03 loss per share (down from ฿0.024 profit in FY 2024). Revenue: ฿1.34b (down 4.6% from FY 2024). Net loss: ฿16.8m (down 226% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.002 (vs ฿0.007 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.002 (down from ฿0.007 in 3Q 2024). Revenue: ฿355.3m (up 3.8% from 3Q 2024). Net income: ฿893.6k (down 78% from 3Q 2024). Profit margin: 0.3% (down from 1.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 20% per year.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.004 (vs ฿0.012 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.004 (down from ฿0.012 in 2Q 2024). Revenue: ฿356.2m (up 5.3% from 2Q 2024). Net income: ฿2.18m (down 68% from 2Q 2024). Profit margin: 0.6% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.021 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.021 in 1Q 2024). Revenue: ฿289.9m (down 23% from 1Q 2024). Net income: ฿7.34m (down 37% from 1Q 2024). Profit margin: 2.5% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.013 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.01 (down from ฿0.013 in 3Q 2023). Revenue: ฿342.3m (flat on 3Q 2023). Net income: ฿4.14m (down 45% from 3Q 2023). Profit margin: 1.2% (down from 2.2% in 3Q 2023). 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 20% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesReported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.013 in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.013 in 1Q 2025). Revenue: ฿293.6m (up 1.3% from 1Q 2025). Net income: ฿9.52m (up 30% from 1Q 2025). Profit margin: 3.2% (up from 2.5% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.New Risk • May 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿268.8m (US$8.31m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (฿268.8m market cap, or US$8.31m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).Reported Earnings • Mar 02Full year 2025 earnings released: ฿0.03 loss per share (vs ฿0.024 profit in FY 2024)Full year 2025 results: ฿0.03 loss per share (down from ฿0.024 profit in FY 2024). Revenue: ฿1.34b (down 4.6% from FY 2024). Net loss: ฿16.8m (down 226% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • Feb 24Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2026Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2026, at 10:00 SE Asia Standard Time.New Risk • Dec 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿308.0m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (฿308.0m market cap, or US$9.92m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (0.09% net profit margin).Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.002 (vs ฿0.007 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.002 (down from ฿0.007 in 3Q 2024). Revenue: ฿355.3m (up 3.8% from 3Q 2024). Net income: ฿893.6k (down 78% from 3Q 2024). Profit margin: 0.3% (down from 1.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 20% per year.New Risk • Oct 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (฿375.2m market cap, or US$11.6m).Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.004 (vs ฿0.012 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.004 (down from ฿0.012 in 2Q 2024). Revenue: ฿356.2m (up 5.3% from 2Q 2024). Net income: ฿2.18m (down 68% from 2Q 2024). Profit margin: 0.6% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.New Risk • Jun 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (฿414.4m market cap, or US$12.7m).Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.021 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.021 in 1Q 2024). Revenue: ฿289.9m (down 23% from 1Q 2024). Net income: ฿7.34m (down 37% from 1Q 2024). Profit margin: 2.5% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Feb 25Eastern Technical Engineering Public Company Limited Omits Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024Eastern Technical Engineering Public Company Limited omitted dividend payment for the Operating period from 01 January 2024 to 31 December 2024.New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 0.2% 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 Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (฿425.6m market cap, or US$12.6m).お知らせ • Feb 25Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 24, 2025Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 24, 2025, at 10:00 SE Asia Standard Time.Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.013 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.01 (down from ฿0.013 in 3Q 2023). Revenue: ฿342.3m (flat on 3Q 2023). Net income: ฿4.14m (down 45% from 3Q 2023). Profit margin: 1.2% (down from 2.2% in 3Q 2023). 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 20% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.012 (vs ฿0.014 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.012 (down from ฿0.014 in 2Q 2023). Revenue: ฿338.3m (down 10% from 2Q 2023). Net income: ฿6.71m (down 12% from 2Q 2023). Profit margin: 2.0% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.021 (vs ฿0.022 in 1Q 2023)First quarter 2024 results: EPS: ฿0.021 (down from ฿0.022 in 1Q 2023). Revenue: ฿377.1m (flat on 1Q 2023). Net income: ฿11.6m (down 7.6% from 1Q 2023). Profit margin: 3.1% (down from 3.3% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.お知らせ • Apr 27Eastern Technical Engineering Public Company Limited Approves Dividend for the Year 2023, Payable on May 20, 2024Eastern Technical Engineering Public Company Limited approved the dividend payment from the operating results of 2023 to the shareholders at the rate of THB 0.03 per share, of which all of them are BOI tax- exempted profit, by calculating from amount of 560,000,000 shares. Total dividend paid is THB 16,800,000. The record date to determine the list of shareholders who have the right to receive dividend is March 8, 2024 and the dividend payment date is May 20, 2024.Upcoming Dividend • Feb 29Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 20 May 2024. The company last paid an ordinary dividend in February 2017. The average dividend yield among industry peers is 2.2%.Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿0.08 (vs ฿0.042 in FY 2022)Full year 2023 results: EPS: ฿0.08 (up from ฿0.042 in FY 2022). Revenue: ฿1.61b (up 28% from FY 2022). Net income: ฿47.5m (up 103% from FY 2022). Profit margin: 3.0% (up from 1.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Feb 23+ 1 more updateEastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 25, 2024Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 25, 2024, at 10:00 SE Asia Standard Time. Location: 4th floor, Eastern Technical Engineering Public Company Limited, located at No. 88 Soi Yothin Pattana, Klongchan Sub-district, Bangkapi District, Bangkok Thailand Agenda: To consider and adopt the minutes of the 2023 Annual General Meeting of Shareholders held on April 27, 2023; to acknowledge the report on the operating results of the Company for the year 2023; to consider and approve the Company' s financial statements for the year 2023 ended 31 December 2023; to consider and approve the allocation of net profit for the year 2023 and dividend payment; to consider and approve the election of the directors in replacement of those who are retired by rotation for the year 2024; and to discuss other matters.Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿1.36, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 17x in the Construction industry in Thailand. Total returns to shareholders of 39% over the past three years.Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 33%After last week's 33% share price gain to ฿1.21, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 16x in the Construction industry in Thailand. Total returns to shareholders of 25% over the past three years.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.013 (vs ฿0.003 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.013 (up from ฿0.003 in 3Q 2022). Revenue: ฿339.8m (up 13% from 3Q 2022). Net income: ฿7.49m (up 429% from 3Q 2022). Profit margin: 2.2% (up from 0.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.03, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 26x in the Construction industry in Thailand. Total returns to shareholders of 7.2% over the past three years.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿1.37, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 26x in the Construction industry in Thailand. Total returns to shareholders of 49% over the past three years.お知らせ • Aug 11Eastern Technical Engineering Public Company Limited Announces Chief Financial Officer ChangesEastern Technical Engineering Public Company Limited announced the appointment of Mr. Raivin Lekavorranan as Acting Chief Financial Officer, effective August 11, 2023 and resignation of Mr. Preecha Suan as Chef Financial Officer, effective August 10, 2023.New Risk • Aug 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (20% accrual ratio). Minor Risk Market cap is less than US$100m (฿677.6m market cap, or US$19.3m).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.009 (vs ฿0.003 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.009 (up from ฿0.003 in 2Q 2022). Revenue: ฿376.4m (up 40% from 2Q 2022). Net income: ฿4.84m (up 195% from 2Q 2022). Profit margin: 1.3% (up from 0.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.New Risk • Jul 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% 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 Interest payments are not well covered by earnings (2.3x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (฿588.0m market cap, or US$17.3m).Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ฿1.05, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 19x in the Construction industry in Thailand. Total loss to shareholders of 5.9% over the past three years.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: ฿0.04 (vs ฿0.048 in FY 2021)Full year 2022 results: EPS: ฿0.04 (down from ฿0.048 in FY 2021). Revenue: ฿1.26b (down 8.9% from FY 2021). Net income: ฿23.4m (down 13% from FY 2021). Profit margin: 1.9% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Bureerat Ratanavanich was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: ฿0.003 (vs ฿0.013 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.003 (down from ฿0.013 in 2Q 2021). Revenue: ฿269.4m (down 16% from 2Q 2021). Net income: ฿1.64m (down 78% from 2Q 2021). Profit margin: 0.6% (down from 2.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 13First quarter 2022 earnings released: ฿0.01 loss per share (vs ฿0.026 profit in 1Q 2021)First quarter 2022 results: ฿0.01 loss per share (down from ฿0.026 profit in 1Q 2021). Revenue: ฿250.8m (down 38% from 1Q 2021). Net loss: ฿4.25m (down 130% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Bureerat Ratanavanich was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Feb 25Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2022Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2022, at 06:00 Coordinated Universal Time. Location: 88 Soi Yothin Pattana, Klongchan Sub- district, Bangkapi District, Bangkok 10240 Bangkok Thailand Agenda: To consider and adopt the minutes of the 2021 Annual General Meeting of Shareholders held on April 26, 2021;to acknowledge the report on performance of the Company for the year 2021;to consider and approve the Company's financial statements for the year 2021 ended at December 31, 2021;to consider and approve the allocation of net profit for the year 2021 and omission of dividend payment;to consider and approve the election of the directors in replacement of those who are retired by rotation for the year 2022;to consider and approve the remuneration of the Board of Directors and the Sub-Committees for the Year 2022;to consider and approve the appointment of the external auditor and determination of the auditing fee for the year 2022;and to consider other matters (if any).Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.05 (down from ฿0.093 in FY 2020). Revenue: ฿1.38b (down 5.4% from FY 2020). Net income: ฿26.7m (down 49% from FY 2020). Profit margin: 1.9% (down from 3.6% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿2.14, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 27x in the Construction industry in Thailand. Total returns to shareholders of 56% over the past three years.Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿1.95, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 28x in the Construction industry in Thailand. Total returns to shareholders of 53% over the past three years.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS ฿0.011 (vs ฿0.013 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ฿361.5m (up 5.1% from 3Q 2020). Net income: ฿6.63m (down 8.6% from 3Q 2020). Profit margin: 1.8% (down from 2.1% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿2.14, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 27x in the Construction industry in Thailand. Total returns to shareholders of 10% over the past three years.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿2.66, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 31x in the Construction industry in Thailand. Total returns to shareholders of 39% over the past three years.Reported Earnings • May 15First quarter 2021 earnings released: EPS ฿0.026 (vs ฿0.018 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿405.5m (up 6.2% from 1Q 2020). Net income: ฿14.4m (up 46% from 1Q 2020). Profit margin: 3.5% (up from 2.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿1.80, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 23x in the Construction industry in Thailand. Total loss to shareholders of 16% over the past three years.Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improved over the past weekAfter last week's 23% share price gain to ฿1.60, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 22x in the Construction industry in Thailand. Total loss to shareholders of 26% over the past three years.Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.093 (vs ฿0.051 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿1.46b (down 21% from FY 2019). Net income: ฿52.2m (up 82% from FY 2019). Profit margin: 3.6% (up from 1.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Feb 25Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 26, 2021Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 26, 2021, at 06:00 Coordinated Universal Time. Location: Crystal Ballroom 1, 2nd floor of E Building / Crystal Design Center ( CDC) , located at NO. 1420/ 1 Praditmanutham Road, Klongchan Sub-district, Bangkapi District Bangkok Thailand Agenda: To consider and adopt the minutes of the 2020 annual general meeting of shareholders held on July 2, 2020; to acknowledge the report on performance of the company for the year 2020; to consider and approve the Company's financial statements for the year 2020 ended at December 31, 2020; to consider and approve the allocation of net profit for the year 2020 and the dividend payment; to consider and approve the election of the directors in replacement of those who are retired by rotation for the year 2021; to consider and approve the remuneration of the board of directors and the committees for the Year 2021; to consider and approve the appointment of the external auditor and determination of the auditing fee for the year 2021; and to consider other matter.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 24% share price gain to ฿1.22, the stock is trading at a trailing P/E ratio of 15.1x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 14x in the Construction industry in Thailand. Total return to shareholders over the past three years is a loss of 55%.Is New 90 Day High Low • Feb 08New 90-day high: ฿1.22The company is up 26% from its price of ฿0.97 on 10 November 2020. The Thai market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 6.0% over the same period.お知らせ • Nov 17Eastern Technical Engineering Public Company Limited Announces Board ChangesEastern Technical Engineering Public Company Limited approved the appointment of Premvadee Fongsiri, D.B.A. as a Member of Risk Management Committee and a Member of Good Corporate Governance Committee, effective from 16 November 2020 onwards and approved the appointment of Mr. Chirasak Kraimuenwaias a Member of Good Corporate Governance Committee, effective from 16 November 2020 onwards.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.013The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: ฿344.1m (down 26% from 3Q 2019). Net income: ฿7.26m (down 14% from 3Q 2019). Profit margin: 2.1% (up from 1.8% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Nov 02Market bids up stock over the past weekAfter last week's 16% share price gain to ฿1.08, the stock is trading at a trailing P/E ratio of 13.6x, up from the previous P/E ratio of 11.7x. This compares to an average P/E of 10x in the Construction industry in Thailand. Total return to shareholders over the past three years is a loss of 61%.Valuation Update With 7 Day Price Move • Oct 29Market bids up stock over the past weekAfter last week's 16% share price gain to ฿1.09, the stock is trading at a trailing P/E ratio of 13.7x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 10x in the Construction industry in Thailand. Total return to shareholders over the past three years is a loss of 62%.Is New 90 Day High Low • Oct 27New 90-day low: ฿0.91The company is down 17% from its price of ฿1.10 on 29 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 20% over the same period.お知らせ • Sep 30Eastern Technical Engineering Public Company Limited Announces Management ChangesEastern Technical Engineering Public Company Limited announced the resignation of Mr. Kueakan Chumchuea as Assistant Director, Accounting and Finance, with effect from September 29, 2020. The company appointed Miss. Umaporn Jitjam as Assistant Accounting Manager, with effect from September 29, 2020.収支内訳Eastern Technical Engineering の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SET:ETE 収益、費用、利益 ( )THB Millions日付収益収益G+A経費研究開発費31 Mar 261,345-15143031 Dec 251,341-17142030 Sep 251,3501123030 Jun 251,3375115031 Mar 251,3199118031 Dec 241,40613121030 Sep 241,57042111030 Jun 241,56846115031 Mar 241,60647114031 Dec 231,60747114030 Sep 231,53352109030 Jun 231,49346108031 Mar 231,38640109031 Dec 221,25823113030 Sep 221,119-3120030 Jun 221,1742129031 Mar 221,2268134031 Dec 211,38127136030 Sep 211,44245134030 Jun 211,43146142031 Mar 211,48457138031 Dec 201,46052136030 Sep 201,64745143030 Jun 201,76946129031 Mar 201,77821127031 Dec 191,83929123030 Sep 191,73222114030 Jun 191,650-95169031 Mar 191,709-80174031 Dec 181,673-74177030 Sep 181,701-50178030 Jun 181,72376123031 Mar 181,63577120031 Dec 171,58070115030 Sep 171,46655112030 Jun 171,40144112031 Mar 171,45754112031 Dec 161,41231119030 Sep 161,32513108030 Jun 161,40431110031 Mar 161,44235106031 Dec 151,586621020質の高い収益: ETEは現在利益が出ていません。利益率の向上: ETEは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: ETEは利益が出ておらず、過去 5 年間で損失は年間27%の割合で増加しています。成長の加速: ETEの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: ETEは利益が出ていないため、過去 1 年間の収益成長をConstruction業界 ( 53.5% ) と比較することは困難です。株主資本利益率高いROE: ETEは現在利益が出ていないため、自己資本利益率 ( -1.5% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YCapital-goods 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 07:30終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Eastern Technical Engineering Public Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Nuttawut WongyaowalakGloblex Securities Co. Ltd.
Reported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.013 in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.013 in 1Q 2025). Revenue: ฿293.6m (up 1.3% from 1Q 2025). Net income: ฿9.52m (up 30% from 1Q 2025). Profit margin: 3.2% (up from 2.5% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 02Full year 2025 earnings released: ฿0.03 loss per share (vs ฿0.024 profit in FY 2024)Full year 2025 results: ฿0.03 loss per share (down from ฿0.024 profit in FY 2024). Revenue: ฿1.34b (down 4.6% from FY 2024). Net loss: ฿16.8m (down 226% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.002 (vs ฿0.007 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.002 (down from ฿0.007 in 3Q 2024). Revenue: ฿355.3m (up 3.8% from 3Q 2024). Net income: ฿893.6k (down 78% from 3Q 2024). Profit margin: 0.3% (down from 1.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 20% per year.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.004 (vs ฿0.012 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.004 (down from ฿0.012 in 2Q 2024). Revenue: ฿356.2m (up 5.3% from 2Q 2024). Net income: ฿2.18m (down 68% from 2Q 2024). Profit margin: 0.6% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.021 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.021 in 1Q 2024). Revenue: ฿289.9m (down 23% from 1Q 2024). Net income: ฿7.34m (down 37% from 1Q 2024). Profit margin: 2.5% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.013 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.01 (down from ฿0.013 in 3Q 2023). Revenue: ฿342.3m (flat on 3Q 2023). Net income: ฿4.14m (down 45% from 3Q 2023). Profit margin: 1.2% (down from 2.2% in 3Q 2023). 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 20% per year, which means it is significantly lagging earnings.
Reported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.013 in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.013 in 1Q 2025). Revenue: ฿293.6m (up 1.3% from 1Q 2025). Net income: ฿9.52m (up 30% from 1Q 2025). Profit margin: 3.2% (up from 2.5% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
New Risk • May 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿268.8m (US$8.31m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (฿268.8m market cap, or US$8.31m). Minor Risk Share price has been volatile over the past 3 months (8.5% average weekly change).
Reported Earnings • Mar 02Full year 2025 earnings released: ฿0.03 loss per share (vs ฿0.024 profit in FY 2024)Full year 2025 results: ฿0.03 loss per share (down from ฿0.024 profit in FY 2024). Revenue: ฿1.34b (down 4.6% from FY 2024). Net loss: ฿16.8m (down 226% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 24Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2026Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2026, at 10:00 SE Asia Standard Time.
New Risk • Dec 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿308.0m (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (฿308.0m market cap, or US$9.92m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (0.09% net profit margin).
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.002 (vs ฿0.007 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.002 (down from ฿0.007 in 3Q 2024). Revenue: ฿355.3m (up 3.8% from 3Q 2024). Net income: ฿893.6k (down 78% from 3Q 2024). Profit margin: 0.3% (down from 1.2% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 20% per year.
New Risk • Oct 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (฿375.2m market cap, or US$11.6m).
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.004 (vs ฿0.012 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.004 (down from ฿0.012 in 2Q 2024). Revenue: ฿356.2m (up 5.3% from 2Q 2024). Net income: ฿2.18m (down 68% from 2Q 2024). Profit margin: 0.6% (down from 2.0% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
New Risk • Jun 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 5.2% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.2% average weekly change). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (฿414.4m market cap, or US$12.7m).
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.021 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.021 in 1Q 2024). Revenue: ฿289.9m (down 23% from 1Q 2024). Net income: ฿7.34m (down 37% from 1Q 2024). Profit margin: 2.5% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Feb 25Eastern Technical Engineering Public Company Limited Omits Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024Eastern Technical Engineering Public Company Limited omitted dividend payment for the Operating period from 01 January 2024 to 31 December 2024.
New Risk • Feb 25New major risk - Revenue and earnings growthEarnings have declined by 0.2% 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 Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (฿425.6m market cap, or US$12.6m).
お知らせ • Feb 25Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 24, 2025Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 24, 2025, at 10:00 SE Asia Standard Time.
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.013 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.01 (down from ฿0.013 in 3Q 2023). Revenue: ฿342.3m (flat on 3Q 2023). Net income: ฿4.14m (down 45% from 3Q 2023). Profit margin: 1.2% (down from 2.2% in 3Q 2023). 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 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.012 (vs ฿0.014 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.012 (down from ฿0.014 in 2Q 2023). Revenue: ฿338.3m (down 10% from 2Q 2023). Net income: ฿6.71m (down 12% from 2Q 2023). Profit margin: 2.0% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.021 (vs ฿0.022 in 1Q 2023)First quarter 2024 results: EPS: ฿0.021 (down from ฿0.022 in 1Q 2023). Revenue: ฿377.1m (flat on 1Q 2023). Net income: ฿11.6m (down 7.6% from 1Q 2023). Profit margin: 3.1% (down from 3.3% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
お知らせ • Apr 27Eastern Technical Engineering Public Company Limited Approves Dividend for the Year 2023, Payable on May 20, 2024Eastern Technical Engineering Public Company Limited approved the dividend payment from the operating results of 2023 to the shareholders at the rate of THB 0.03 per share, of which all of them are BOI tax- exempted profit, by calculating from amount of 560,000,000 shares. Total dividend paid is THB 16,800,000. The record date to determine the list of shareholders who have the right to receive dividend is March 8, 2024 and the dividend payment date is May 20, 2024.
Upcoming Dividend • Feb 29Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 20 May 2024. The company last paid an ordinary dividend in February 2017. The average dividend yield among industry peers is 2.2%.
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿0.08 (vs ฿0.042 in FY 2022)Full year 2023 results: EPS: ฿0.08 (up from ฿0.042 in FY 2022). Revenue: ฿1.61b (up 28% from FY 2022). Net income: ฿47.5m (up 103% from FY 2022). Profit margin: 3.0% (up from 1.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Feb 23+ 1 more updateEastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 25, 2024Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 25, 2024, at 10:00 SE Asia Standard Time. Location: 4th floor, Eastern Technical Engineering Public Company Limited, located at No. 88 Soi Yothin Pattana, Klongchan Sub-district, Bangkapi District, Bangkok Thailand Agenda: To consider and adopt the minutes of the 2023 Annual General Meeting of Shareholders held on April 27, 2023; to acknowledge the report on the operating results of the Company for the year 2023; to consider and approve the Company' s financial statements for the year 2023 ended 31 December 2023; to consider and approve the allocation of net profit for the year 2023 and dividend payment; to consider and approve the election of the directors in replacement of those who are retired by rotation for the year 2024; and to discuss other matters.
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿1.36, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 17x in the Construction industry in Thailand. Total returns to shareholders of 39% over the past three years.
Valuation Update With 7 Day Price Move • Dec 07Investor sentiment improves as stock rises 33%After last week's 33% share price gain to ฿1.21, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 16x in the Construction industry in Thailand. Total returns to shareholders of 25% over the past three years.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.013 (vs ฿0.003 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.013 (up from ฿0.003 in 3Q 2022). Revenue: ฿339.8m (up 13% from 3Q 2022). Net income: ฿7.49m (up 429% from 3Q 2022). Profit margin: 2.2% (up from 0.5% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.03, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 26x in the Construction industry in Thailand. Total returns to shareholders of 7.2% over the past three years.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿1.37, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 26x in the Construction industry in Thailand. Total returns to shareholders of 49% over the past three years.
お知らせ • Aug 11Eastern Technical Engineering Public Company Limited Announces Chief Financial Officer ChangesEastern Technical Engineering Public Company Limited announced the appointment of Mr. Raivin Lekavorranan as Acting Chief Financial Officer, effective August 11, 2023 and resignation of Mr. Preecha Suan as Chef Financial Officer, effective August 10, 2023.
New Risk • Aug 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). High level of non-cash earnings (20% accrual ratio). Minor Risk Market cap is less than US$100m (฿677.6m market cap, or US$19.3m).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.009 (vs ฿0.003 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.009 (up from ฿0.003 in 2Q 2022). Revenue: ฿376.4m (up 40% from 2Q 2022). Net income: ฿4.84m (up 195% from 2Q 2022). Profit margin: 1.3% (up from 0.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
New Risk • Jul 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% 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 Interest payments are not well covered by earnings (2.3x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Market cap is less than US$100m (฿588.0m market cap, or US$17.3m).
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ฿1.05, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 19x in the Construction industry in Thailand. Total loss to shareholders of 5.9% over the past three years.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: ฿0.04 (vs ฿0.048 in FY 2021)Full year 2022 results: EPS: ฿0.04 (down from ฿0.048 in FY 2021). Revenue: ฿1.26b (down 8.9% from FY 2021). Net income: ฿23.4m (down 13% from FY 2021). Profit margin: 1.9% (in line with FY 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Bureerat Ratanavanich was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: ฿0.003 (vs ฿0.013 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.003 (down from ฿0.013 in 2Q 2021). Revenue: ฿269.4m (down 16% from 2Q 2021). Net income: ฿1.64m (down 78% from 2Q 2021). Profit margin: 0.6% (down from 2.4% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 13First quarter 2022 earnings released: ฿0.01 loss per share (vs ฿0.026 profit in 1Q 2021)First quarter 2022 results: ฿0.01 loss per share (down from ฿0.026 profit in 1Q 2021). Revenue: ฿250.8m (down 38% from 1Q 2021). Net loss: ฿4.25m (down 130% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Independent Vice Chairman Bureerat Ratanavanich was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Feb 25Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2022Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 27, 2022, at 06:00 Coordinated Universal Time. Location: 88 Soi Yothin Pattana, Klongchan Sub- district, Bangkapi District, Bangkok 10240 Bangkok Thailand Agenda: To consider and adopt the minutes of the 2021 Annual General Meeting of Shareholders held on April 26, 2021;to acknowledge the report on performance of the Company for the year 2021;to consider and approve the Company's financial statements for the year 2021 ended at December 31, 2021;to consider and approve the allocation of net profit for the year 2021 and omission of dividend payment;to consider and approve the election of the directors in replacement of those who are retired by rotation for the year 2022;to consider and approve the remuneration of the Board of Directors and the Sub-Committees for the Year 2022;to consider and approve the appointment of the external auditor and determination of the auditing fee for the year 2022;and to consider other matters (if any).
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.05 (down from ฿0.093 in FY 2020). Revenue: ฿1.38b (down 5.4% from FY 2020). Net income: ฿26.7m (down 49% from FY 2020). Profit margin: 1.9% (down from 3.6% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿2.14, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 27x in the Construction industry in Thailand. Total returns to shareholders of 56% over the past three years.
Valuation Update With 7 Day Price Move • Feb 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿1.95, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 28x in the Construction industry in Thailand. Total returns to shareholders of 53% over the past three years.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS ฿0.011 (vs ฿0.013 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ฿361.5m (up 5.1% from 3Q 2020). Net income: ฿6.63m (down 8.6% from 3Q 2020). Profit margin: 1.8% (down from 2.1% in 3Q 2020). The decrease in margin was driven by higher expenses. 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 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿2.14, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 27x in the Construction industry in Thailand. Total returns to shareholders of 10% over the past three years.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿2.66, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 31x in the Construction industry in Thailand. Total returns to shareholders of 39% over the past three years.
Reported Earnings • May 15First quarter 2021 earnings released: EPS ฿0.026 (vs ฿0.018 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿405.5m (up 6.2% from 1Q 2020). Net income: ฿14.4m (up 46% from 1Q 2020). Profit margin: 3.5% (up from 2.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿1.80, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 23x in the Construction industry in Thailand. Total loss to shareholders of 16% over the past three years.
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improved over the past weekAfter last week's 23% share price gain to ฿1.60, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 22x in the Construction industry in Thailand. Total loss to shareholders of 26% over the past three years.
Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.093 (vs ฿0.051 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿1.46b (down 21% from FY 2019). Net income: ฿52.2m (up 82% from FY 2019). Profit margin: 3.6% (up from 1.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Feb 25Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 26, 2021Eastern Technical Engineering Public Company Limited, Annual General Meeting, Apr 26, 2021, at 06:00 Coordinated Universal Time. Location: Crystal Ballroom 1, 2nd floor of E Building / Crystal Design Center ( CDC) , located at NO. 1420/ 1 Praditmanutham Road, Klongchan Sub-district, Bangkapi District Bangkok Thailand Agenda: To consider and adopt the minutes of the 2020 annual general meeting of shareholders held on July 2, 2020; to acknowledge the report on performance of the company for the year 2020; to consider and approve the Company's financial statements for the year 2020 ended at December 31, 2020; to consider and approve the allocation of net profit for the year 2020 and the dividend payment; to consider and approve the election of the directors in replacement of those who are retired by rotation for the year 2021; to consider and approve the remuneration of the board of directors and the committees for the Year 2021; to consider and approve the appointment of the external auditor and determination of the auditing fee for the year 2021; and to consider other matter.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 24% share price gain to ฿1.22, the stock is trading at a trailing P/E ratio of 15.1x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 14x in the Construction industry in Thailand. Total return to shareholders over the past three years is a loss of 55%.
Is New 90 Day High Low • Feb 08New 90-day high: ฿1.22The company is up 26% from its price of ฿0.97 on 10 November 2020. The Thai market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 6.0% over the same period.
お知らせ • Nov 17Eastern Technical Engineering Public Company Limited Announces Board ChangesEastern Technical Engineering Public Company Limited approved the appointment of Premvadee Fongsiri, D.B.A. as a Member of Risk Management Committee and a Member of Good Corporate Governance Committee, effective from 16 November 2020 onwards and approved the appointment of Mr. Chirasak Kraimuenwaias a Member of Good Corporate Governance Committee, effective from 16 November 2020 onwards.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.013The company reported a soft third quarter result with weaker earnings and revenues, although profit margins were improved. Third quarter 2020 results: Revenue: ฿344.1m (down 26% from 3Q 2019). Net income: ฿7.26m (down 14% from 3Q 2019). Profit margin: 2.1% (up from 1.8% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Nov 02Market bids up stock over the past weekAfter last week's 16% share price gain to ฿1.08, the stock is trading at a trailing P/E ratio of 13.6x, up from the previous P/E ratio of 11.7x. This compares to an average P/E of 10x in the Construction industry in Thailand. Total return to shareholders over the past three years is a loss of 61%.
Valuation Update With 7 Day Price Move • Oct 29Market bids up stock over the past weekAfter last week's 16% share price gain to ฿1.09, the stock is trading at a trailing P/E ratio of 13.7x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 10x in the Construction industry in Thailand. Total return to shareholders over the past three years is a loss of 62%.
Is New 90 Day High Low • Oct 27New 90-day low: ฿0.91The company is down 17% from its price of ฿1.10 on 29 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 20% over the same period.
お知らせ • Sep 30Eastern Technical Engineering Public Company Limited Announces Management ChangesEastern Technical Engineering Public Company Limited announced the resignation of Mr. Kueakan Chumchuea as Assistant Director, Accounting and Finance, with effect from September 29, 2020. The company appointed Miss. Umaporn Jitjam as Assistant Accounting Manager, with effect from September 29, 2020.