View Future GrowthHalcyon Technology 過去の業績過去 基準チェック /06Halcyon Technologyの収益は年間平均-10.5%の割合で減少していますが、 Machinery業界の収益は年間 増加しています。収益は年間20.9% 2.7%割合で 増加しています。 Halcyon Technologyの自己資本利益率は3.8%であり、純利益率は2.7%です。主要情報-10.47%収益成長率-10.43%EPS成長率Machinery 業界の成長3.91%収益成長率2.65%株主資本利益率3.81%ネット・マージン2.65%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.08 (vs ฿0.082 in 1Q 2025)First quarter 2026 results: EPS: ฿0.08 (down from ฿0.082 in 1Q 2025). Revenue: ฿301.6m (flat on 1Q 2025). Net income: ฿22.8m (down 7.0% from 1Q 2025). Profit margin: 7.6% (down from 8.2% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.10 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.08 (down from ฿0.10 in 2Q 2024). Revenue: ฿307.2m (flat on 2Q 2024). Net income: ฿24.2m (down 21% from 2Q 2024). Profit margin: 7.9% (down from 9.9% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.079 in 1Q 2024)First quarter 2025 results: EPS: ฿0.08 (up from ฿0.079 in 1Q 2024). Revenue: ฿299.5m (up 4.6% from 1Q 2024). Net income: ฿24.5m (up 3.5% from 1Q 2024). Profit margin: 8.2% (down from 8.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.Reported Earnings • Mar 01Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.11 in FY 2023)Full year 2024 results: EPS: ฿0.38 (up from ฿0.11 in FY 2023). Revenue: ฿1.25b (up 18% from FY 2023). Net income: ฿113.6m (up 240% from FY 2023). Profit margin: 9.1% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.08 (up from ฿0.018 in 1Q 2023). Revenue: ฿293.7m (up 9.7% from 1Q 2023). Net income: ฿23.7m (up 334% from 1Q 2023). Profit margin: 8.1% (up from 2.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.34 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.34 in FY 2022). Revenue: ฿1.05b (down 12% from FY 2022). Net income: ฿33.4m (down 67% from FY 2022). Profit margin: 3.2% (down from 8.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesReported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.08 (vs ฿0.082 in 1Q 2025)First quarter 2026 results: EPS: ฿0.08 (down from ฿0.082 in 1Q 2025). Revenue: ฿301.6m (flat on 1Q 2025). Net income: ฿22.8m (down 7.0% from 1Q 2025). Profit margin: 7.6% (down from 8.2% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Mar 02Final dividend of ฿0.10 announcedShareholders will receive a dividend of ฿0.10. Ex-date: 19th March 2026 Payment date: 20th May 2026 Dividend yield will be 6.0%, which is higher than the industry average of 5.7%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 58% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.3% EPS decline seen over the last 5 years.お知らせ • Feb 27Halcyon Technology Public Company Limited, Annual General Meeting, Apr 22, 2026Halcyon Technology Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time. Location: the crystal ballroom, crystal design center (cdc), no 1420/1 pradit manutham road, klongjan, bangkapi bangkok 10240, ThailandValuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ฿2.82, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 10x in the Machinery industry in Thailand. Total loss to shareholders of 13% over the past three years.New Risk • Nov 28New 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 6.2% 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: 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 (6.2% average weekly change). Market cap is less than US$100m (฿948.0m market cap, or US$29.5m).Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿2.82, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 8x in the Machinery industry in Thailand. Total loss to shareholders of 23% over the past three years.Declared Dividend • Aug 16First half dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 29th August 2025 Payment date: 12th September 2025 Dividend yield will be 5.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.10 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.08 (down from ฿0.10 in 2Q 2024). Revenue: ฿307.2m (flat on 2Q 2024). Net income: ฿24.2m (down 21% from 2Q 2024). Profit margin: 7.9% (down from 9.9% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.079 in 1Q 2024)First quarter 2025 results: EPS: ฿0.08 (up from ฿0.079 in 1Q 2024). Revenue: ฿299.5m (up 4.6% from 1Q 2024). Net income: ฿24.5m (up 3.5% from 1Q 2024). Profit margin: 8.2% (down from 8.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.お知らせ • Apr 25Halcyon Technology Public Company Limited Approves Additional Dividend Payment for the Year 2024, Payable on May 20, 2025Halcyon Technology Public Company Limited in its AGM held on April 24, 2025 approved the additional dividend payment from the 2024 annual earnings at the rate of THB 0.085 per share, with total amount of THB 25.50 million, which was the dividend from the profit with corporate income tax rate 20%. The Company will withhold tax 10%. The Company will identify the rightful shareholders who may receive dividend on 13 March 2025 (Record Date) and the dividend shall be paid on 20 May 2025.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿2.70, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 9x in the Machinery industry in Thailand. Total loss to shareholders of 35% over the past three years.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿3.70, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 10x in the Machinery industry in Thailand. Total loss to shareholders of 13% over the past three years.New Risk • Mar 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: 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 (7.4% average weekly change). Market cap is less than US$100m (฿948.0m market cap, or US$28.2m).Reported Earnings • Mar 01Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.11 in FY 2023)Full year 2024 results: EPS: ฿0.38 (up from ฿0.11 in FY 2023). Revenue: ฿1.25b (up 18% from FY 2023). Net income: ฿113.6m (up 240% from FY 2023). Profit margin: 9.1% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Declared Dividend • Mar 01Final dividend of ฿0.085 announcedShareholders will receive a dividend of ฿0.085. Ex-date: 12th March 2025 Payment date: 20th May 2025 Dividend yield will be 4.9%, which is lower than the industry average of 5.7%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 18%.お知らせ • Feb 28Halcyon Technology Public Company Limited Proposes Cash Dividend for the Period from July 1, 2024 to December 31, 2024, Payable on May 20, 2025Halcyon Technology Public Company Limited proposes cash dividend for the period from July 1, 2024 to December 31, 2024 is THB 0.085 per share. Record date for the right to receive dividends is March 13, 2025. Ex-dividend date is March 12, 2025. Payment date is May 20, 2025, at the AGM to be held on April 24, 2025.お知らせ • Feb 27Halcyon Technology Public Company Limited, Annual General Meeting, Apr 24, 2025Halcyon Technology Public Company Limited, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: ballroom 3-4, the crystal design center, e building, no.1420/1 praditmanuthum road, klongjan, bangkapi, bangkok ThailandBoard Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. MD & Chairman of the Board Pete Rimchala 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.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿2.72, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 10x in the Machinery industry in Thailand. Total loss to shareholders of 49% over the past three years.Buy Or Sell Opportunity • Nov 13Now 24% undervaluedOver the last 90 days, the stock has risen 34% to ฿4.54. The fair value is estimated to be ฿5.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%.Buy Or Sell Opportunity • Oct 29Now 21% undervaluedOver the last 90 days, the stock has risen 29% to ฿4.76. The fair value is estimated to be ฿5.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%.Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ฿5.15, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 16x in the Machinery industry in Thailand. Total loss to shareholders of 10% over the past three years.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿4.08, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 15x in the Machinery industry in Thailand. Total loss to shareholders of 26% over the past three years.Declared Dividend • Aug 16Dividend of ฿0.075 announcedShareholders will receive a dividend of ฿0.075. Ex-date: 28th August 2024 Payment date: 13th September 2024 Dividend yield will be 2.9%, which is lower than the industry average of 5.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 5 years.Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿3.88, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 19x in the Machinery industry in Thailand. Total loss to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿3.12, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 18x in the Machinery industry in Thailand. Total loss to shareholders of 38% over the past three years.New Risk • Jun 14New 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 6.6% 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 Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (฿936.0m market cap, or US$25.5m).Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.08 (up from ฿0.018 in 1Q 2023). Revenue: ฿293.7m (up 9.7% from 1Q 2023). Net income: ฿23.7m (up 334% from 1Q 2023). Profit margin: 8.1% (up from 2.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.お知らせ • Apr 24Halcyon Technology Public Company Limited Approves Dividend for the Year 2023, Payable on 20 May 2024Halcyon Technology Public Company Limited at the AGM held on 23 April 2024 unanimously resolved to approve the additional dividend payment from the 2023 annual earnings at the rate of THB 0.025 per share, with total amount of THB 7.50 million, which was the dividend from the profit with corporate income tax rate 20%. The Company will withhold tax 10%. The Company will identify the rightful shareholders who may receive dividend on 14 March 2024 (Record Date) and the dividend shall be paid on 20 May 2024.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.025 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 20 May 2024. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (6.3%). Lower than average of industry peers (6.0%).お知らせ • Mar 01Halcyon Technology Public Company Limited, Annual General Meeting, Apr 23, 2024Halcyon Technology Public Company Limited, Annual General Meeting, Apr 23, 2024, at 14:00 SE Asia Standard Time. Location: Ballroom 3-4, the Crystal Design Center, E Building, No. 1420/1 Praditmanuthum Road, Klongjan, Bangkapi Bangkok Thailand Agenda: To consider and certify the minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Company's operation performance of 2023 and operation plans for 2024; to consider and approve the Balance Sheet and Profit and Loss Statement as of 31 December 2023; to consider and approve the dividend payment from the Company's net profit of 2023; to consider the re-election of directors; to consider and approve the remuneration of Directors for 2023; and to consider other business matters.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.34 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.34 in FY 2022). Revenue: ฿1.05b (down 12% from FY 2022). Net income: ฿33.4m (down 67% from FY 2022). Profit margin: 3.2% (down from 8.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Feb 29Halcyon Technology Public Company Limited Proposes Dividend Payment from the Performance of the Period 1 July 2023 to 31 December 2023, payable on 20 May 2024Halcyon Technology Public Company Limited Approved the dividend payment from the company's performance of the period 1 July - 31 December 2023 for an additional THB 0.025 baht per share, amounting to THB 7.50 million, which was the dividend from the profit with corporate income tax rate 20%. The Company will also withhold tax 10%, where individual shareholders may include the dividend as their taxable income and are entitled to 20/(100-20). The Company will identify rightful shareholders who may receive dividend on 14 March 2024 (Record Date). The right entitlement is uncertain as it has not yet been approved from the shareholders' meeting. The dividend shall be paid on 20 May 2024, which the Company will propose for approval by the Annual General Meeting of the Company's shareholder for the year 2024.Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.10 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.05 (down from ฿0.10 in 3Q 2022). Revenue: ฿268.4m (down 14% from 3Q 2022). Net income: ฿14.6m (down 52% from 3Q 2022). Profit margin: 5.4% (down from 9.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Aug 23Upcoming dividend of ฿0.025 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 14 September 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (6.3%). Lower than average of industry peers (5.2%).Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.12 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.12 in 2Q 2022). Revenue: ฿257.7m (down 17% from 2Q 2022). Net income: ฿9.29m (down 75% from 2Q 2022). Profit margin: 3.6% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buying Opportunity • Jul 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be ฿3.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 26%.Buying Opportunity • Jun 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be ฿3.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 26%.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.11 in 1Q 2022)First quarter 2023 results: EPS: ฿0.02 (down from ฿0.11 in 1Q 2022). Revenue: ฿267.8m (down 10% from 1Q 2022). Net income: ฿5.47m (down 84% from 1Q 2022). Profit margin: 2.0% (down from 11% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Apr 20Upcoming dividend of ฿0.04 per share at 4.2% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (5.2%).Buying Opportunity • Feb 15Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be ฿5.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 36%.Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.10 (vs ฿0.088 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.10 (up from ฿0.088 in 3Q 2021). Revenue: ฿318.4m (up 14% from 3Q 2021). Net income: ฿30.6m (up 16% from 3Q 2021). Profit margin: 9.6% (in line with 3Q 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 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 23Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (5.5%). In line with average of industry peers (4.1%).Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: ฿0.12 (vs ฿0.12 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.12 (vs ฿0.12 in 2Q 2021). Revenue: ฿310.1m (up 8.9% from 2Q 2021). Net income: ฿37.1m (flat on 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 15Halcyon Technology Public Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 9 September 2022Halcyon Technology Public Company Limited announced interim dividend payment of THB 0.10 per share for the common shareholders for the operating period from 01 January 2022 to 30 June 2022. For the dividend record date for the right to receive dividends 31 August 2022, ex-dividend date of 30 August 2022 and payment date of 9 September 2022.Board Change • Jun 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Viboon Pojanalai was the last independent director to join the board, commencing their role in 2019. 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 • May 19First quarter 2022 earnings released: EPS: ฿0.11 (vs ฿0.13 in 1Q 2021)First quarter 2022 results: EPS: ฿0.11 (down from ฿0.13 in 1Q 2021). Revenue: ฿299.0m (up 14% from 1Q 2021). Net income: ฿34.2m (down 13% from 1Q 2021). Profit margin: 11% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.Reported Earnings • Mar 02Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.45 (up from ฿0.22 in FY 2020). Revenue: ฿1.15b (up 20% from FY 2020). Net income: ฿135.3m (up 109% from FY 2020). Profit margin: 12% (up from 6.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.お知らせ • Mar 01+ 1 more updateHalcyon Technology Public Company Limited Proposes Dividend Payment from July 1, 2021 to December 31, 2021, Payable on 20 May 2022Halcyon Technology Public Company Limited at its AGM for 2022 proposed the dividend payment from the company's performance of the period 1 July - 31 December 2021 for THB 0.08 per share, which was the dividend from the profit exempted from corporate income tax, amounting to 24.00 million baht. The Company will identify rightful shareholders who may receive dividend on 3 May 2022 (Record Date). The dividend shall be paid on 20 May 2022.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.09 (vs ฿0.078 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ฿284.4m (up 19% from 3Q 2020). Net income: ฿26.4m (up 13% from 3Q 2020). Profit margin: 9.3% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 20Upcoming dividend of ฿0.11 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 10 September 2021. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (3.2%).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.12 (vs ฿0.003 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿284.9m (up 40% from 2Q 2020). Net income: ฿37.1m (up ฿36.2m from 2Q 2020). Profit margin: 13% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿6.50, the stock trades at a trailing P/E ratio of 22.9x. Average forward P/E is 17x in the Machinery industry in Thailand. Total returns to shareholders of 1.1% over the past three years.Reported Earnings • May 19First quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.063 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿263.8m (up 14% from 1Q 2020). Net income: ฿39.2m (up 109% from 1Q 2020). Profit margin: 15% (up from 8.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 26% share price gain to ฿4.64, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Machinery industry in Thailand. Total loss to shareholders of 30% over the past three years.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.052 per shareEligible shareholders must have bought the stock before 30 April 2021. Payment date: 20 May 2021. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (2.7%).Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 24% share price gain to ฿3.70, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 13.8x. This compares to an average P/E of 20x in the Machinery industry in Thailand. Total return to shareholders over the past three years is a loss of 39%.Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.22 (vs ฿0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: ฿959.0m (flat on FY 2019). Net income: ฿64.8m (up 27% from FY 2019). Profit margin: 6.8% (up from 5.3% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.お知らせ • Mar 02Halcyon Technology Public Company Limited, Annual General Meeting, Apr 21, 2021Halcyon Technology Public Company Limited, Annual General Meeting, Apr 21, 2021, at 07:00 Coordinated Universal Time. Location: Ballroom 3-4, the Crystal Design Center, E Building, No. 1420/1 Praditmanuthum Road, Klongjan, Bangkapi, Bangkok Thailand Agenda: To acknowledge the Company's operation performance of 2020 and operation plan for 2021; to consider and approve the Balance Sheet and Profit and Loss Statement as of 31 December 2020; to consider and approve the dividend payment from the Company's net profit of 2020; to consider the re-election of directors; to consider and approve the remuneration of Directors for 2021; to consider and approve the appointment of an auditor and auditor fees; and to consider any other matters (if any).Is New 90 Day High Low • Feb 22New 90-day low: ฿2.84The company is down 6.0% from its price of ฿3.02 on 24 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period.Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS ฿0.08The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings were improved. Third quarter 2020 results: Revenue: ฿238.6m (down 5.4% from 3Q 2019). Net income: ฿23.3m (up 1.1% from 3Q 2019). Profit margin: 9.8% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 20% share price gain to ฿3.38, the stock is trading at a trailing P/E ratio of 19.1x, up from the previous P/E ratio of 16x. This compares to an average P/E of 17x in the Machinery industry in Thailand. Total return to shareholders over the past three years is a loss of 64%.Is New 90 Day High Low • Oct 14New 90-day high: ฿3.38The company is up 36% from its price of ฿2.48 on 16 July 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is flat over the same period.収支内訳Halcyon Technology 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:HTECH 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 261,23033295031 Dec 251,22834296030 Sep 251,257122299030 Jun 251,249108300031 Mar 251,249114300031 Dec 241,236114301030 Sep 241,18681287030 Jun 241,12973280031 Mar 241,07852269031 Dec 231,06033266030 Sep 231,06928266030 Jun 231,11544274031 Mar 231,16972283031 Dec 221,200100282030 Sep 221,230134274030 Jun 221,197130267031 Mar 221,172130260031 Dec 211,135135250030 Sep 211,106117261030 Jun 211,067110251031 Mar 2198673234031 Dec 2095753223030 Sep 2091445207030 Jun 2092649196031 Mar 2095857204031 Dec 1996551205030 Sep 191,01082199030 Jun 191,051109202031 Mar 191,090145194031 Dec 181,117174193030 Sep 181,080164190030 Jun 181,047155191031 Mar 181,032152190031 Dec 171,003148186030 Sep 17993159181030 Jun 17950151169031 Mar 17884135165031 Dec 16825118162030 Sep 16781106159030 Jun 1674586159031 Mar 1672069155031 Dec 1572663157030 Sep 1571252156030 Jun 15718631540質の高い収益: HTECHにはTHB44.2M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: HTECHの現在の純利益率 (2.7%)は、昨年(9.2%)よりも低くなっています。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: HTECHの収益は過去 5 年間で年間10.5%減少しました。成長の加速: HTECHは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: HTECHは過去 1 年間で収益成長率がマイナス ( -71.5% ) となったため、 Machinery業界平均 ( -5.4% ) と比較することが困難です。株主資本利益率高いROE: HTECHの 自己資本利益率 ( 3.8% ) は 低い とみなされます。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2026/05/21 21:08終値2026/05/21 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Halcyon Technology 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Trin SittisawadYuanta Securities (Thailand) Company Limited
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.08 (vs ฿0.082 in 1Q 2025)First quarter 2026 results: EPS: ฿0.08 (down from ฿0.082 in 1Q 2025). Revenue: ฿301.6m (flat on 1Q 2025). Net income: ฿22.8m (down 7.0% from 1Q 2025). Profit margin: 7.6% (down from 8.2% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.10 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.08 (down from ฿0.10 in 2Q 2024). Revenue: ฿307.2m (flat on 2Q 2024). Net income: ฿24.2m (down 21% from 2Q 2024). Profit margin: 7.9% (down from 9.9% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.079 in 1Q 2024)First quarter 2025 results: EPS: ฿0.08 (up from ฿0.079 in 1Q 2024). Revenue: ฿299.5m (up 4.6% from 1Q 2024). Net income: ฿24.5m (up 3.5% from 1Q 2024). Profit margin: 8.2% (down from 8.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.
Reported Earnings • Mar 01Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.11 in FY 2023)Full year 2024 results: EPS: ฿0.38 (up from ฿0.11 in FY 2023). Revenue: ฿1.25b (up 18% from FY 2023). Net income: ฿113.6m (up 240% from FY 2023). Profit margin: 9.1% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.08 (up from ฿0.018 in 1Q 2023). Revenue: ฿293.7m (up 9.7% from 1Q 2023). Net income: ฿23.7m (up 334% from 1Q 2023). Profit margin: 8.1% (up from 2.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.34 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.34 in FY 2022). Revenue: ฿1.05b (down 12% from FY 2022). Net income: ฿33.4m (down 67% from FY 2022). Profit margin: 3.2% (down from 8.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.08 (vs ฿0.082 in 1Q 2025)First quarter 2026 results: EPS: ฿0.08 (down from ฿0.082 in 1Q 2025). Revenue: ฿301.6m (flat on 1Q 2025). Net income: ฿22.8m (down 7.0% from 1Q 2025). Profit margin: 7.6% (down from 8.2% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Mar 02Final dividend of ฿0.10 announcedShareholders will receive a dividend of ฿0.10. Ex-date: 19th March 2026 Payment date: 20th May 2026 Dividend yield will be 6.0%, which is higher than the industry average of 5.7%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 4.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 58% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.3% EPS decline seen over the last 5 years.
お知らせ • Feb 27Halcyon Technology Public Company Limited, Annual General Meeting, Apr 22, 2026Halcyon Technology Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time. Location: the crystal ballroom, crystal design center (cdc), no 1420/1 pradit manutham road, klongjan, bangkapi bangkok 10240, Thailand
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ฿2.82, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 10x in the Machinery industry in Thailand. Total loss to shareholders of 13% over the past three years.
New Risk • Nov 28New 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 6.2% 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: 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 (6.2% average weekly change). Market cap is less than US$100m (฿948.0m market cap, or US$29.5m).
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿2.82, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 8x in the Machinery industry in Thailand. Total loss to shareholders of 23% over the past three years.
Declared Dividend • Aug 16First half dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 29th August 2025 Payment date: 12th September 2025 Dividend yield will be 5.7%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.10 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.08 (down from ฿0.10 in 2Q 2024). Revenue: ฿307.2m (flat on 2Q 2024). Net income: ฿24.2m (down 21% from 2Q 2024). Profit margin: 7.9% (down from 9.9% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.08 (vs ฿0.079 in 1Q 2024)First quarter 2025 results: EPS: ฿0.08 (up from ฿0.079 in 1Q 2024). Revenue: ฿299.5m (up 4.6% from 1Q 2024). Net income: ฿24.5m (up 3.5% from 1Q 2024). Profit margin: 8.2% (down from 8.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 15% per year.
お知らせ • Apr 25Halcyon Technology Public Company Limited Approves Additional Dividend Payment for the Year 2024, Payable on May 20, 2025Halcyon Technology Public Company Limited in its AGM held on April 24, 2025 approved the additional dividend payment from the 2024 annual earnings at the rate of THB 0.085 per share, with total amount of THB 25.50 million, which was the dividend from the profit with corporate income tax rate 20%. The Company will withhold tax 10%. The Company will identify the rightful shareholders who may receive dividend on 13 March 2025 (Record Date) and the dividend shall be paid on 20 May 2025.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿2.70, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 9x in the Machinery industry in Thailand. Total loss to shareholders of 35% over the past three years.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ฿3.70, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 10x in the Machinery industry in Thailand. Total loss to shareholders of 13% over the past three years.
New Risk • Mar 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: 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 (7.4% average weekly change). Market cap is less than US$100m (฿948.0m market cap, or US$28.2m).
Reported Earnings • Mar 01Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.11 in FY 2023)Full year 2024 results: EPS: ฿0.38 (up from ฿0.11 in FY 2023). Revenue: ฿1.25b (up 18% from FY 2023). Net income: ฿113.6m (up 240% from FY 2023). Profit margin: 9.1% (up from 3.2% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Declared Dividend • Mar 01Final dividend of ฿0.085 announcedShareholders will receive a dividend of ฿0.085. Ex-date: 12th March 2025 Payment date: 20th May 2025 Dividend yield will be 4.9%, which is lower than the industry average of 5.7%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 18%.
お知らせ • Feb 28Halcyon Technology Public Company Limited Proposes Cash Dividend for the Period from July 1, 2024 to December 31, 2024, Payable on May 20, 2025Halcyon Technology Public Company Limited proposes cash dividend for the period from July 1, 2024 to December 31, 2024 is THB 0.085 per share. Record date for the right to receive dividends is March 13, 2025. Ex-dividend date is March 12, 2025. Payment date is May 20, 2025, at the AGM to be held on April 24, 2025.
お知らせ • Feb 27Halcyon Technology Public Company Limited, Annual General Meeting, Apr 24, 2025Halcyon Technology Public Company Limited, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: ballroom 3-4, the crystal design center, e building, no.1420/1 praditmanuthum road, klongjan, bangkapi, bangkok Thailand
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. MD & Chairman of the Board Pete Rimchala 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.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿2.72, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 10x in the Machinery industry in Thailand. Total loss to shareholders of 49% over the past three years.
Buy Or Sell Opportunity • Nov 13Now 24% undervaluedOver the last 90 days, the stock has risen 34% to ฿4.54. The fair value is estimated to be ฿5.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%.
Buy Or Sell Opportunity • Oct 29Now 21% undervaluedOver the last 90 days, the stock has risen 29% to ฿4.76. The fair value is estimated to be ฿5.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%.
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ฿5.15, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 16x in the Machinery industry in Thailand. Total loss to shareholders of 10% over the past three years.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿4.08, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 15x in the Machinery industry in Thailand. Total loss to shareholders of 26% over the past three years.
Declared Dividend • Aug 16Dividend of ฿0.075 announcedShareholders will receive a dividend of ฿0.075. Ex-date: 28th August 2024 Payment date: 13th September 2024 Dividend yield will be 2.9%, which is lower than the industry average of 5.7%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 19% EPS decline seen over the last 5 years.
Valuation Update With 7 Day Price Move • Jul 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿3.88, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 19x in the Machinery industry in Thailand. Total loss to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿3.12, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 18x in the Machinery industry in Thailand. Total loss to shareholders of 38% over the past three years.
New Risk • Jun 14New 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 6.6% 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 Risk Earnings have declined by 6.4% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (฿936.0m market cap, or US$25.5m).
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.08 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.08 (up from ฿0.018 in 1Q 2023). Revenue: ฿293.7m (up 9.7% from 1Q 2023). Net income: ฿23.7m (up 334% from 1Q 2023). Profit margin: 8.1% (up from 2.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 24Halcyon Technology Public Company Limited Approves Dividend for the Year 2023, Payable on 20 May 2024Halcyon Technology Public Company Limited at the AGM held on 23 April 2024 unanimously resolved to approve the additional dividend payment from the 2023 annual earnings at the rate of THB 0.025 per share, with total amount of THB 7.50 million, which was the dividend from the profit with corporate income tax rate 20%. The Company will withhold tax 10%. The Company will identify the rightful shareholders who may receive dividend on 14 March 2024 (Record Date) and the dividend shall be paid on 20 May 2024.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.025 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 20 May 2024. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (6.3%). Lower than average of industry peers (6.0%).
お知らせ • Mar 01Halcyon Technology Public Company Limited, Annual General Meeting, Apr 23, 2024Halcyon Technology Public Company Limited, Annual General Meeting, Apr 23, 2024, at 14:00 SE Asia Standard Time. Location: Ballroom 3-4, the Crystal Design Center, E Building, No. 1420/1 Praditmanuthum Road, Klongjan, Bangkapi Bangkok Thailand Agenda: To consider and certify the minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Company's operation performance of 2023 and operation plans for 2024; to consider and approve the Balance Sheet and Profit and Loss Statement as of 31 December 2023; to consider and approve the dividend payment from the Company's net profit of 2023; to consider the re-election of directors; to consider and approve the remuneration of Directors for 2023; and to consider other business matters.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.34 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.34 in FY 2022). Revenue: ฿1.05b (down 12% from FY 2022). Net income: ฿33.4m (down 67% from FY 2022). Profit margin: 3.2% (down from 8.4% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 29Halcyon Technology Public Company Limited Proposes Dividend Payment from the Performance of the Period 1 July 2023 to 31 December 2023, payable on 20 May 2024Halcyon Technology Public Company Limited Approved the dividend payment from the company's performance of the period 1 July - 31 December 2023 for an additional THB 0.025 baht per share, amounting to THB 7.50 million, which was the dividend from the profit with corporate income tax rate 20%. The Company will also withhold tax 10%, where individual shareholders may include the dividend as their taxable income and are entitled to 20/(100-20). The Company will identify rightful shareholders who may receive dividend on 14 March 2024 (Record Date). The right entitlement is uncertain as it has not yet been approved from the shareholders' meeting. The dividend shall be paid on 20 May 2024, which the Company will propose for approval by the Annual General Meeting of the Company's shareholder for the year 2024.
Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.10 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.05 (down from ฿0.10 in 3Q 2022). Revenue: ฿268.4m (down 14% from 3Q 2022). Net income: ฿14.6m (down 52% from 3Q 2022). Profit margin: 5.4% (down from 9.8% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Aug 23Upcoming dividend of ฿0.025 per share at 2.8% yieldEligible shareholders must have bought the stock before 30 August 2023. Payment date: 14 September 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (6.3%). Lower than average of industry peers (5.2%).
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.12 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.12 in 2Q 2022). Revenue: ฿257.7m (down 17% from 2Q 2022). Net income: ฿9.29m (down 75% from 2Q 2022). Profit margin: 3.6% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jul 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be ฿3.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 26%.
Buying Opportunity • Jun 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 28%. The fair value is estimated to be ฿3.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 26%.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.11 in 1Q 2022)First quarter 2023 results: EPS: ฿0.02 (down from ฿0.11 in 1Q 2022). Revenue: ฿267.8m (down 10% from 1Q 2022). Net income: ฿5.47m (down 84% from 1Q 2022). Profit margin: 2.0% (down from 11% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Apr 20Upcoming dividend of ฿0.04 per share at 4.2% yieldEligible shareholders must have bought the stock before 27 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (5.2%).
Buying Opportunity • Feb 15Now 23% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be ฿5.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 36%.
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.10 (vs ฿0.088 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.10 (up from ฿0.088 in 3Q 2021). Revenue: ฿318.4m (up 14% from 3Q 2021). Net income: ฿30.6m (up 16% from 3Q 2021). Profit margin: 9.6% (in line with 3Q 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 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 23Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Thai dividend payers (5.5%). In line with average of industry peers (4.1%).
Reported Earnings • Aug 20Second quarter 2022 earnings released: EPS: ฿0.12 (vs ฿0.12 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.12 (vs ฿0.12 in 2Q 2021). Revenue: ฿310.1m (up 8.9% from 2Q 2021). Net income: ฿37.1m (flat on 2Q 2021). Profit margin: 12% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 15Halcyon Technology Public Company Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on 9 September 2022Halcyon Technology Public Company Limited announced interim dividend payment of THB 0.10 per share for the common shareholders for the operating period from 01 January 2022 to 30 June 2022. For the dividend record date for the right to receive dividends 31 August 2022, ex-dividend date of 30 August 2022 and payment date of 9 September 2022.
Board Change • Jun 24Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Viboon Pojanalai was the last independent director to join the board, commencing their role in 2019. 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 • May 19First quarter 2022 earnings released: EPS: ฿0.11 (vs ฿0.13 in 1Q 2021)First quarter 2022 results: EPS: ฿0.11 (down from ฿0.13 in 1Q 2021). Revenue: ฿299.0m (up 14% from 1Q 2021). Net income: ฿34.2m (down 13% from 1Q 2021). Profit margin: 11% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Mar 02Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.45 (up from ฿0.22 in FY 2020). Revenue: ฿1.15b (up 20% from FY 2020). Net income: ฿135.3m (up 109% from FY 2020). Profit margin: 12% (up from 6.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year.
お知らせ • Mar 01+ 1 more updateHalcyon Technology Public Company Limited Proposes Dividend Payment from July 1, 2021 to December 31, 2021, Payable on 20 May 2022Halcyon Technology Public Company Limited at its AGM for 2022 proposed the dividend payment from the company's performance of the period 1 July - 31 December 2021 for THB 0.08 per share, which was the dividend from the profit exempted from corporate income tax, amounting to 24.00 million baht. The Company will identify rightful shareholders who may receive dividend on 3 May 2022 (Record Date). The dividend shall be paid on 20 May 2022.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.09 (vs ฿0.078 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ฿284.4m (up 19% from 3Q 2020). Net income: ฿26.4m (up 13% from 3Q 2020). Profit margin: 9.3% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 20Upcoming dividend of ฿0.11 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 10 September 2021. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (3.2%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.12 (vs ฿0.003 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿284.9m (up 40% from 2Q 2020). Net income: ฿37.1m (up ฿36.2m from 2Q 2020). Profit margin: 13% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿6.50, the stock trades at a trailing P/E ratio of 22.9x. Average forward P/E is 17x in the Machinery industry in Thailand. Total returns to shareholders of 1.1% over the past three years.
Reported Earnings • May 19First quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.063 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿263.8m (up 14% from 1Q 2020). Net income: ฿39.2m (up 109% from 1Q 2020). Profit margin: 15% (up from 8.1% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Apr 26Investor sentiment improved over the past weekAfter last week's 26% share price gain to ฿4.64, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Machinery industry in Thailand. Total loss to shareholders of 30% over the past three years.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.052 per shareEligible shareholders must have bought the stock before 30 April 2021. Payment date: 20 May 2021. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improved over the past weekAfter last week's 24% share price gain to ฿3.70, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 13.8x. This compares to an average P/E of 20x in the Machinery industry in Thailand. Total return to shareholders over the past three years is a loss of 39%.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.22 (vs ฿0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: ฿959.0m (flat on FY 2019). Net income: ฿64.8m (up 27% from FY 2019). Profit margin: 6.8% (up from 5.3% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 02Halcyon Technology Public Company Limited, Annual General Meeting, Apr 21, 2021Halcyon Technology Public Company Limited, Annual General Meeting, Apr 21, 2021, at 07:00 Coordinated Universal Time. Location: Ballroom 3-4, the Crystal Design Center, E Building, No. 1420/1 Praditmanuthum Road, Klongjan, Bangkapi, Bangkok Thailand Agenda: To acknowledge the Company's operation performance of 2020 and operation plan for 2021; to consider and approve the Balance Sheet and Profit and Loss Statement as of 31 December 2020; to consider and approve the dividend payment from the Company's net profit of 2020; to consider the re-election of directors; to consider and approve the remuneration of Directors for 2021; to consider and approve the appointment of an auditor and auditor fees; and to consider any other matters (if any).
Is New 90 Day High Low • Feb 22New 90-day low: ฿2.84The company is down 6.0% from its price of ฿3.02 on 24 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period.
Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS ฿0.08The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings were improved. Third quarter 2020 results: Revenue: ฿238.6m (down 5.4% from 3Q 2019). Net income: ฿23.3m (up 1.1% from 3Q 2019). Profit margin: 9.8% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 20% share price gain to ฿3.38, the stock is trading at a trailing P/E ratio of 19.1x, up from the previous P/E ratio of 16x. This compares to an average P/E of 17x in the Machinery industry in Thailand. Total return to shareholders over the past three years is a loss of 64%.
Is New 90 Day High Low • Oct 14New 90-day high: ฿3.38The company is up 36% from its price of ฿2.48 on 16 July 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is flat over the same period.