View ValuationTBSP 将来の成長Future 基準チェック /06現在、 TBSPの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Commercial Services 収益成長14.5%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Feb 27Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 21, 2026Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 21, 2026, at 10:00 SE Asia Standard Time.お知らせ • Jan 07Plus Tech Innovation Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 367.306656 million.Plus Tech Innovation Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 367.306656 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 183,653,328 Price\Range: THB 2 Transaction Features: Rights Offeringお知らせ • Sep 30Chieh Yong Lew acquired 5.45% stake in Plus Tech Innovation Public Company Limited (SET:PTECH) from Pongsak Lohthongkham.Chieh Yong Lew acquired 5.45% stake in Plus Tech Innovation Public Company Limited (SET:PTECH) from Pongsak Lohthongkham on September 29, 2025. Chieh Yong Lew completed the acquisition of 5.45% stake in Chongqing Afari Technology Co., Ltd. (SHSE:601777) from Pongsak Lohthongkham on September 29, 2025.お知らせ • Mar 04Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 25, 2025Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 25, 2025, at 13:00 SE Asia Standard Time.Reported Earnings • Mar 04Full year 2024 earnings released: ฿2.23 loss per share (vs ฿0.069 loss in FY 2023)Full year 2024 results: ฿2.23 loss per share (further deteriorated from ฿0.069 loss in FY 2023). Revenue: ฿673.8m (down 51% from FY 2023). Net loss: ฿547.1m (loss widened ฿530.3m from FY 2023).お知らせ • Mar 03Plus Tech Innovation Public Company Limited Appoints Chaiyaphat Phomuang as the Company Secretary, Effective March 10, 2025On February 28, 2025, the Board of Directors of Plus Tech Innovation Public Company Limited (PTECH) held Meeting No. 2/2025 and resolved to appoint Mr. Chaiyaphat Phomuang as the Company Secretary, effective March 10, 2025.お知らせ • Jan 30+ 1 more updatePlus Tech Innovation Public Company Limited Announces Management and Committee ChangesPlus Tech Innovation Public Company Limited announced that Mr. Wirach Morakotkarn had submitted his resignation from the position of the Director, Risk Management Subcommittee, Member of the Executive Committee, which was effective on January 27, 2025. Miss. Rujee Jonpipob had submitted her resignation from the position of the Director, which was effective on January 28, 2025. Mr. Wilert Orawanwong had submitted his resignation from the position of the members of the Audit Committee and the member of the Nomination and Remuneration Committee, which was effective on January 29, 2025. Due to changes in the responsibilities associated with the role of executive director, he continues to serve as the company's director. When considering transitioning to the role of executive director, individuals will be exempt from the qualifications required for independent directors and audit directors, as stated by the Capital Market Supervisory Board. This exemption applies to directors who are actively involved in management, employees, staff, and consultants who receive a regular salary. However, the number of independent directors and audit directors must still meet the criteria necessary to maintain the status of a listed company. Qualified individuals have been appointed to fill any vacant positions. Mr. Khan Prachaubmoh had submitted his resignation from the position of Chairman of the Nomination and Compensation Committee, which was effective on January 29, 2025. Mrs. Sutiporn Chearayuttasak had submitted her resignation from the position of the Risk Management Subcommittee, which was effective on January 28, 2025. The appointment of new Directors and Committee/Subcommittee members has been approved, as follows: The appointment of Mr. Nantasith Boontanan as the Independent Director, the member of the Audit Committee and the member of the Nomination and Compensation Committee, which would be effective on January 29, 2025, Term of office of the Company's director in place of Mr. Wirach Morakotkarn. The appointment of Mr. Wilert Orawanwong as the Member of the Executive Committee, Risk Management Subcommittee, which would be effective on January 29, 2025. The appointment of Mr. Ithichai Poolvaraluck as the Chairman of the Nomination and Compensation Committee and Chairman of the Risk Management Subcommittee, which would be effective on January 29, 2025. The appointment of Mr. Parkpoom Pooudom as the Risk Management Subcommittee and change the position from Chairman of the Executive Committee to Member of the Executive Committee, which would be effective on January 29, 2025. The appointment of Mr. Somchai Siripanyanon as the Chairman of the Executive Committee, which would be effective on January 29, 2025. The appointment of Mr. Ithichai Poolvaraluck as the Vice Chairman, which would be effective on January 29, 2025. The approval of the change of the Authorized Directors, as follows: From Mr. Wirach Morakotkarn and Mr. Parkpoom Pooudom. These two directors jointly sign and affix the company's seal: Changed to Mr. Wilert Orawanwong. and Mr. Parkpoom Pooudom. The two directors will jointly sign and affix the company's seal. The change shall be effective from November January 29th, 2025 onwards. After the new appointment, the Company's Committees/Subcommittee have the following composition. The Audit Committee consists of 3 members: Mr. Kasemsit Pathomsak Chairman of the Audit Committee, Mr. Nantasith Boontanan Member of the Audit Committee (Replacement), Mr. Porntep Siriwanarangsun as Member of the Audit Committee. The Executive Committee consists of 3 members: Mr. Somchai Siripanyanon as Chairman of the Executive Committee (Replacement), Mr. Parkpoom Pooudom as Member of the Executive Committee, Mr. Wilert Orawanwong Member of the Executive Committee (Replacement). The Nomination and Remuneration Committee consists of 3 members: Mr. Khan Prachaubmoh as Chairman of the Nomination and Compensation Committee, Mr. Nantasith Boontanan as Member of the Nomination and Compensation Committee (Replacement), Mr. Porntep Siriwanarangsun as Member of the Nomination and Compensation Committee. Risk Management Subcommittee, consists of 3 members: Mr. Ithichai Poolvaraluck as Chairman of the Risk Management Subcommittee (Replacement), Mr. Parkpoom Pooudom as Member of the Risk Management Subcommittee (Replacement), Mr. Wilert Orawanwong as Member of the Risk Management Subcommittee (Replacement).お知らせ • Jan 29Plus Tech Innovation Public Company Limited Appoints Suradej Saelin as Chief Financial OfficerPlus Tech Innovation Public Company Limited appointed Mr. Suradej Saelin as chief financial officer of the company. Effective from, 28 January 2025.お知らせ • Jan 02+ 1 more updatePlus Tech Innovation Public Company Limited Announces Resignation of Santithron Bunchua as CEOPLUS TECH INNOVATION PUBLIC COMPANY LIMITED announced the resignation of Mr. Santithron Bunchua as Chief Executive Officer for health and family reasons it will be effective from 1 January 2025 onwards.New Risk • Nov 23New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (฿286.5m market cap, or US$8.31m). Minor Risk High level of debt (53% net debt to equity).New Risk • Oct 29New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿320.8m (US$9.51m) 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (฿320.8m market cap, or US$9.51m).Reported Earnings • Aug 15Second quarter 2024 earnings released: ฿0.41 loss per share (vs ฿0.005 profit in 2Q 2023)Second quarter 2024 results: ฿0.41 loss per share (down from ฿0.005 profit in 2Q 2023). Revenue: ฿206.1m (down 41% from 2Q 2023). Net loss: ฿101.6m (down ฿102.7m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.お知らせ • Jul 18+ 1 more updatePlus Tech Innovation Public Company Limited Announces Change in Chief Executive OfficerOn July 17, 2024, the board of directors of Plus Tech Innovation Public Company Limited acknowledged the resignation of Mr. Kittinut Tikawan from the position of Director and Acting Chief Executive Officer, Effective July 17, 2024. Mr. Santithon Bunchua has been appointed as the Chief Executive Officer and Director, replacing Kittinut Tikawan. The effective date of the appointment will be July 18, 2024.お知らせ • Jun 08Plus Tech Innovation Public Company Limited Announces the Termination of Miss Kannika Suwanta as Accounting DirectorPlus Tech Innovation Public Company Limited announced the termination of Miss Kannika Suwanta as Accounting Director, Effective Date from June 01, 2024.Reported Earnings • May 15First quarter 2024 earnings released: ฿0.24 loss per share (vs ฿0.001 profit in 1Q 2023)First quarter 2024 results: ฿0.24 loss per share (down from ฿0.001 profit in 1Q 2023). Revenue: ฿332.4m (up 2.1% from 1Q 2023). Net loss: ฿54.2m (down ฿54.4m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • May 15Plus Tech Innovation Public Company Limited Appoints Phongsak Thanyachet as Company SecretaryPlus Tech Innovation Public Company Limited appointed Mr. Phongsak Thanyachet as Company Secretary, Effective from May 14, 2024.お知らせ • Mar 15+ 1 more updatePlus Tech Innovation Public Company Limited Announces Chief Executive Officer Changes, Effective March 16, 2024Plus Tech Innovation Public Company Limited at its meeting held on March 15, 2024 announced the resignation from the position of Chief Executive Officer of Mr. Wirach Morakotkarn, effective from March 16, 2024 onwards and the appointment of Mr. Kittinat Tikawan, Director and Chairman of the Executive Committee, as Acting Chief Executive Officer, effective from March 16, 2024.お知らせ • Mar 02Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 26, 2024Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 26, 2024, at 10:00 SE Asia Standard Time. Location: 2nd floor of the office of Sabuy Technology Public Company Limited located at 230 Bangkhun thian-Chaitalay Road, Samae Dam Sub-district, Bangkhun thian District, Bangkok Bangkok Thailand Agenda: To consider and approve the Annual Shareholders' Meeting report for the fiscal year 2023; to consider and approve the company's financial statements for the fiscal year ended December 31, 2023; to consider and approve the appointment of board members to replace those who have resigned according to the agenda; and to consider other matters.Reported Earnings • Mar 01Full year 2023 earnings released: ฿0.07 loss per share (vs ฿0.56 profit in FY 2022)Full year 2023 results: ฿0.07 loss per share (down from ฿0.56 profit in FY 2022). Revenue: ฿1.39b (up 20% from FY 2022). Net loss: ฿16.9m (down 113% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Feb 13Plus Tech Innovation Public Company Limited Announces Board ChangesPlus Tech Innovation Public Company Limited held a meeting of the board of Directors on February 11, 2024. Acknowledged the resignation notification of Mr. Songphon Chewapanyaroj in the positions of independent director and chairman of the audit committee. According to Mr. Songphon Chivapanyaroj in the position of independent director and Chairman of the audit committee has been a letter requesting resignation from being an independent director and Chairman of the audit committee, dated February 7, 2024, effective from March 1, 2024 . He will continue to perform duties as an independent director and Chairman of the audit committee in considering the certification of the financial statements for the year 2 0 2 3 at the meeting of the Board of Directors and audit committee within the month February 2024; Acknowledged the resignation notification of Mr. Chukiat Rujanapornphajee. in the position of Chairman of the Executive Committee. According to Mr. Chukiat Rujanapornpajee in the position of Chairman of the Executive Committee has been a letter requesting to resign from being the Chairman of the Executive Committee on February 9, 2024, effective from February 10, 2024. Mr. Chukiat Rujanapornpajee will continue to perform his duties as a director of the company and the executive committee. Consider appointing Mr. Kittinat Tikawan as a director and chairman of the executive committee (Term of office in place of Mr. Suphan Mongkolsuthree). As Mr. Suphan Mongkolsuthree resigned from being a director of the company on April 5, 2023, there was a vacant director position. The Nomination and Remuneration Committee No. 1/2024 has considered recruiting directors to Substitute for vacant positions Therefore, it was resolved to appoint Mr. Kittinut Tikawan as a replacement director and chairman of the executive committee. At the same time, it has been considered that there are qualifications and have the knowledge and ability to help the company manage its work very well and have experience in the business sector Effective from February 12, 2024. Consider appointing Mr. Pornprom Wongpiwat as an independent director and (term of office in place of Mr. Songphon Chivapanyaroj). In this regard, the Nomination and Remuneration Committee No.1/2024 has considered Recruiting directors to fill vacant positions Therefore, Mr. Pornprom Wongpiwat was nominated as an independent director and audit committee (A person with knowledge in accounting and finance) instead of Mr. Songphon Chewapanyaroj who will have the effect of resigning from 1 March 2024 by the committee The Nomination and Remuneration Committee has considered that Mr.Pornprom Wongpiwat is a qualified director conforms to the definitions set by the SEC Office and the Stock Exchange regarding the qualifications of being an independent director. and audit committee and effective from 1 March 2024. After the appointment of company directors Audit Committee and the new executive directors are as follows: Name list of directors 9 positions: Mr. Khan Prachaubmoh-Chairman of The Board Of Directors; Mr. Chookiat Rujanapornpajee-Director; Mr. Wirach Morakotkarn-Chief Executive Officer, Director; Mr. Jutiphan Mongkolsuthree-Director; Miss. Sutida Mongkolsuthree-Director; Mr. Kittinat Tikawan- Director; Mr. Songpol Chevapanyaroj- Independent Director, Chairman of The Audit Committee (Until February 29, 2024); Mr. Pornprom Wongpiwat-Independent Director, Audit Committee (From March 1, 2024); Mr. Wuttikiat Techamongklapiwat- Independent Director, Audit Committee; Mr. Porntep Siriwanarangsun-Independent Director, Audit Committee. The chairman of Audit Committee will be considered and informed further. Name list of executive committees 10 positions (from the original 9 positions): Mr. Kittinat Tikawan-Chairman of the Executive Committee; Mr. Chukiat Rujanapornphajee-Executive Director; Mr. Wirach Morakotkarn-Executive Director; Mr. Narongchai Wongthanavimok- Executive committee; Mr. Poolpat Sripleng-Executive Director; Mr. Pakpoom Phudom-Executive Director; Mr. Wachirathorn Kongsuk-Executive Director; Mr. Ratthaphon Techaviji-Executive Director; Ms. Paritsaya Ounruen- Executive Director; Mr. Kasan Piyaphimuk, Executive Director.Reported Earnings • Nov 09Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ฿340.5m (up 3.7% from 3Q 2022). Net income: ฿29.0k (down 99% from 3Q 2022). Profit margin: 0% (down from 0.8% in 3Q 2022). 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 7% per year, which means it is significantly lagging earnings.New Risk • Oct 25New 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 9.3% 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 (1.0x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 25% 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. Market cap is less than US$100m (฿2.94b market cap, or US$81.2m).Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ฿347.1m (up 33% from 2Q 2022). Net income: ฿1.15m (down 99% from 2Q 2022). Profit margin: 0.3% (down from 30% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • Aug 11New 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 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.06x net interest cover). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 28% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.18b market cap, or US$90.8m).Buying Opportunity • Jul 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be ฿16.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Jul 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.45b (US$98.3m) This is considered a minor 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 (0.06x net interest cover). Earnings have declined by 28% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (฿3.45b market cap, or US$98.3m).New Risk • Jul 06New major 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 8.7% 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 (0.06x net interest cover). Earnings have declined by 28% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change).Reported Earnings • May 18First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: ฿325.5m (up 254% from 1Q 2022). Net income: ฿164.0k (down 100% from 1Q 2022). Profit margin: 0.1% (down from 61% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • May 17Plus Tech Innovation Public Company Limited Announces Executive ChangesPlus Tech Innovation Public Company Limited informed the resolution of the Board of Directors Meeting No. 2/2023 dated May 13, 2023, which appointed Mr. Pornthep Siriwanarangsan. To takethe position of Independent Director and Member of the Audit Committee in place of Mrs. Pratana Mongkolkul, effective from May 13, 2023. The audit committee of the company consists of: 1. Mr. Songpol Chevapanyaroj; Chairman of the Audit Committee, 2. Mr. Wuthikiat Techa Mongklapiwat Audit Committee, 3. Mr. Pornthep SiRiwanarangsan; Audit Committee.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: ฿1.00 (vs ฿1.97 loss in FY 2021)Full year 2022 results: EPS: ฿1.00 (up from ฿1.97 loss in FY 2021). Revenue: ฿1.16b (down 4.1% from FY 2021). Net income: ฿133.0m (up ฿534.3m from FY 2021). Profit margin: 12% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ฿18.90, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 28x in the Commercial Services industry in Thailand. Total returns to shareholders of 68% over the past three years.Board Change • Dec 06Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Wuttikiat Techamongklapiwat was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: ฿0.32 (vs ฿0.16 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.32 (up from ฿0.16 in 2Q 2021). Revenue: ฿261.3m (down 37% from 2Q 2021). Net income: ฿79.1m (up 144% from 2Q 2021). Profit margin: 30% (up from 7.8% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.お知らせ • Aug 08Plus Tech Innovation Public Company Limited Announces Appointment of Additonal Executive DirectorThe Board of Directors of Plus Tech Innovation Public Limited Company. which has resolved to appoint Mr. Kasarn Piyapimook, after the appointment of one additional executive director, there will be 9 executive directors whose names are as follows: Mr. Chookiat Rujanapornpajee: Chairman of Executive Director, Mr. Wirach Morakotkan: Executive Director, Mr. Narongchai Wongthanawimok: Executive Director, Mr. Poonpat Sripleng: Executive Director, Mr. Pakpoom Phu-Udom: Executive Director, Mr. Wachirathon Kongsook: Executive Director, Mr. Rattapon Techawijit: Executive Director, Miss Paritsaya Aoonruean: Executive Director, Mr. Kasarn Piyapimook: Executive Director. Request to be effective from August 8, 2022 onwards.Buying Opportunity • May 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be ฿29.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 12First quarter 2022 earnings released: EPS: ฿0.27 (vs ฿0.17 in 1Q 2021)First quarter 2022 results: EPS: ฿0.27 (up from ฿0.17 in 1Q 2021). Revenue: ฿91.8m (down 77% from 1Q 2021). Net income: ฿55.6m (up 61% from 1Q 2021). Profit margin: 61% (up from 8.6% in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Songpol Chevapanyaroj was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Feb 22TBSP Public Company Limited, Annual General Meeting, Apr 20, 2022TBSP Public Company Limited, Annual General Meeting, Apr 20, 2022, at 03:00 Coordinated Universal Time. Location: No. 230, Bang Khun Thian-Chaitalay Road Samae Dam Sub-district, Bang Khun Thian District Bangkok Thailand Agenda: To consider and certify the minutes of the Extraordinary General Meeting of Shareholders No. 2/21 on January 7 , 2022; to consider acknowledgment of the company's operating results in the year 2021; to consider and approve the financial statements for the year 2021 ending on December 31 , 2021; to consider and approve the omission of dividend payments and the omission of profits as legal reserves; to consider and approve the appointment of directors to replace those who retire by rotation in 2022; to consider and approve the remuneration of directors and sub-committees for the year 2022; to consider and approve the appointment of auditors and fix the remuneration for the year 2022; and to transact other business.Reported Earnings • Feb 22Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: ฿1.96 loss per share (down from ฿0.078 loss in FY 2020). Revenue: ฿1.21b (down 25% from FY 2020). Net loss: ฿401.2m (loss widened ฿388.2m from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 10Third quarter 2021 earnings released: ฿2.99 loss per share (vs ฿0.015 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ฿284.7m (down 28% from 3Q 2020). Net loss: ฿610.1m (down ฿613.1m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.Executive Departure • Oct 03Acting CFO & Chief Accountant Saisamorn Atpaksa has left the companyDuring their tenure, earnings grew by 4,839% annually compared to the industry average of 85%. On the 23rd of September, Saisamorn Atpaksa left the company after less than a year in the role. We don't have any record of a personal shareholding under Saisamorn's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Executive Departure • Sep 21Director Richard Han has left the companyOn the 15th of September, Richard Han's tenure as Director ended after 23.1 years in the role. We don't have any record of a personal shareholding under Richard's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Executive Departure • Sep 21MD, Company Secretary & Director Parkpoom Pooudom has left the companyOn the 15th of September, Parkpoom Pooudom's tenure as MD, Company Secretary & Director of the company ended after less than a year in the role. We don't have any record of a personal shareholding under Parkpoom's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Under Parkpoom's leadership, the company delivered a total shareholder return of 57%.Upcoming Dividend • Sep 09Upcoming dividend of ฿0.90 per shareEligible shareholders must have bought the stock before 16 September 2021. Payment date: 01 October 2021. Trailing yield: 8.9%. Within top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (2.7%).Executive Departure • Sep 07Acting CFO & Chief Accountant Saisamorn Atpaksa has left the companyDuring their tenure, earnings grew by 4,839% annually compared to the industry average of 85%. On the 1st of September, Saisamorn Atpaksa left the company after less than a year in the role. We don't have any record of a personal shareholding under Saisamorn's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Executive Departure • Sep 07Independent Chairman Chaiwat Utaiwan has left the companyOn the 1st of September, Chaiwat Utaiwan's tenure as Independent Chairman ended after 2.4 years in the role. We don't have any record of a personal shareholding under Chaiwat's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿20.00, the stock trades at a trailing P/E ratio of 54x. Average trailing P/E is 24x in the Commercial Services industry in Thailand. Total returns to shareholders of 42% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.16 (vs ฿0.10 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿416.2m (up 12% from 2Q 2020). Net income: ฿32.5m (up ฿47.1m from 2Q 2020). Profit margin: 7.8% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Jul 03Sabuy Technology Public Company Limited (SET:SABUY) agreed to acquire 73.48% stake in TBSP Public Company Limited (SET:TBSP) from T.K.S. Technologies Public Company Limited (SET:TKS) for THB 2 billion.Sabuy Technology Public Company Limited (SET:SABUY) agreed to acquire 73.48% stake in TBSP Public Company Limited (SET:TBSP) from T.K.S. Technologies Public Company Limited (SET:TKS) for THB 2 billion on June 23, 2021. Pursuant to the terms of the transaction, Sabuy Technology Public Company Limited would acquire around 150.1 million shares in TBSP Public Company Limited for approximately THB 13.4 per share. After such sale of TBSP Public Company Limited shares, T.K.S. Technologies Public Company Limited will hold no more than 25% of the total number of shares sold of TBSP Public Company Limited upon the completion of the share sale. The transaction has been approved by the Board of Directors of T.K.S. Technologies Public Company Limited , in a meeting convened on June 23, 2021.お知らせ • Jun 26TBSP Public Company Limited (SET:TBSP) agreed to acquire Vending Plus Co.,Ltd. from Sabuy Technology Public Company Limited (SET:SABUY).TBSP Public Company Limited (SET:TBSP) agreed to acquire Vending Plus Co.,Ltd. from Sabuy Technology Public Company Limited (SET:SABUY) on June 23, 2021. As part of the transaction, Sabuy Technology sold 2.6 million shares with a par value of THB 100 per share. The total value does not exceed THB 1,020.5, equivalent to THB 395 per share. In addition, Sabuy Technology Public Company Limited (SET:SABUY) will purchase ordinary shares of T.K.S. TECHNOLOGIES PUBLIC COMPANY LIMITED from Sabuy Technology Public Company Limited (SET:SABUY). After the Sabuy Technology Public Company Limited (SET:SABUY) purchase the ordinary shares of TBSP, the company will hold 150.1 million shares or equivalent to approximately 73.48 percent of the total number of shares sold of TBSP, with investment value THB 2,005 million. The shareholders of Sabuy Technology has a resolution to approve the company to increase capital. The Board of Directors Meeting of the Sabuy Technology has a resolution to approve the Sabuy Technology to sell VDP's shares to TBSP. TBSP has restructured its structure to retains only assets and liabilities related to the plastic card business which is as agreed between the Sabuy Technology and TBSP.Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.17 (vs ฿0.064 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿403.3m (down 6.7% from 1Q 2020). Net income: ฿34.6m (up ฿41.6m from 1Q 2020). Profit margin: 8.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Executive Departure • Mar 24Head of Accounting Department has left the companyOn the 23rd of March, Wilawan Tongtuang's tenure as Head of Accounting Department ended after less than a year in the role. We don't have any record of a personal shareholding under Wilawan's name. A total of 3 executives have left over the last 12 months.Is New 90 Day High Low • Mar 16New 90-day low: ฿11.20The company is down 12% from a price of ฿12.80 on 15 December 2020. Underperformed the Thai market, which is up 6.0% over the last 90 days. Lagged the Commercial Services industry, which is up 25% over the same period.お知らせ • Mar 03TBSP Public Company Limited, Annual General Meeting, Apr 23, 2021TBSP Public Company Limited, Annual General Meeting, Apr 23, 2021, at 10:00 SE Asia Standard Time. Location: 41/1 Moo.10, Soi Wat Suan Som Poochao – Saming Prai Road Samut Prakan Thailand Agenda: To Consider certifying the minutes of the 2020 Annual General Meeting of Shareholders, which was held on 28 May 2020; to Consider acknowledging the Company's operating results for the year ended 31 December 2020; to Consider approving the audited Financial Statements for the year ended 31 December 2020; to Consider approving the Dividend Omission and the Omission of Profits Allocation; to Consider approving the election of the directors to replace those who are retired by rotation for the year 2021; and to consider other matters.Reported Earnings • Mar 03Full year 2020 earnings released: ฿0.08 loss per share (vs ฿1.21 profit in FY 2019)The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ฿1.61b (up 46% from FY 2019). Net loss: ฿13.0m (down 110% from profit in FY 2019). 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 8% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Jan 26New 90-day low: ฿12.20The company is down 2.0% from its price of ฿12.50 on 28 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 16% over the same period.お知らせ • Nov 27TBSP Public Company Limited Announces Executive ChangesTBSP Public Company Limited announced that Miss. Sutida Mongkolsuthree has resigned from the position of the Chairman of the Executive Committee, with effective from 7 August 2020 onward. However, she still remains the Director and The Member of Nomination and Remuneration Committee. The company also appoint Mr. Jutiphan Mongkolsuthree to be Chairman of the Executive Committee, with effective from 8 August 2020 onward.Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ฿0.01The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: ฿395.2m (up 47% from 3Q 2019). Net income: ฿2.98m (down 61% from 3Q 2019). Profit margin: 0.8% (down from 2.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Nov 06+ 1 more updateTBSP Public Company Limited Announces Change in CFOTBSP Public Company Limited announced the resignation of Miss Jarumas Anutchalakom as Chief Financial Officer (CFO), effective 31 October 2020, and appointed Miss Saisamorn Atpaksa as Acting Chief Financial Officer, effective 01 November 2020.お知らせ • Oct 13+ 1 more updateTBSP Public Company Limited Announces Resignation of Natapong Pinitpongskul as Executive Director and Company Secretary, Effective from 1 November 2020 OnwardTBSP Public Company Limited announced that Mr. Natapong Pinitpongskul, as Executive Director and Company Secretary, has informed of his resignation to be effective from 1 November 2020 onward.お知らせ • Aug 27T.K.S. Technologies Public Company Limited (SET:TKS) cancelled the voluntary tender offer to acquire the remaining 20.3% stake in TBSP Public Company Limited (SET:TBSP).T.K.S. Technologies Public Company Limited (SET:TKS) made a voluntary tender offer to acquire remaining 20.3% stake in TBSP Public Company Limited (SET:TBSP) for approximately THB 310 million on August 7, 2019. TKS will pay THB 13.8 per share in cash for 22.3 million shares. Transaction will be funded through credit facility provided by Kasikorn Bank Public Company Limited. T.K.S. Technologies Public Company Limited will maintain the listing of TBSP Public Company Limited on the stock exchange. T.K.S. Technologies Public Company Limited shall cancel the tender offer if at the end of the voluntary tender offer period, the tendered shares are less than 15% of the total issued and paid-up shares of TBSP Public Company Limited. Transaction was resolved by both the companies. The Board of Directors of TBSP Public Company Limited approved the tender offer on August 7, 2019. As of August 29, 2019, offer period will commence from August 27, 2019 to September 23, 2019. As of September 6, 2019, the tender offer period will commence from August 27, 2019 and will last till October 1, 2019. Yuanta Securities (Thailand) Company Limited acted as tender offer preparer and tender offer agent to T.K.S. Technologies Public Company Limited. Kudun and Partner Co., Ltd. acted as legal advisor to T.K.S. Technologies Public Company Limited. Avantgarde Capital Company Limited acted as financial advisor for TBSP Public Company. Yuanta Securities Company Limited acted as tender offer agent in the transaction. T.K.S. Technologies Public Company Limited (SET:TKS) cancelled the voluntary tender offer to acquire the remaining 20.3% stake in TBSP Public Company Limited (SET:TBSP) August 7, 2020. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、TBSP は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SET:TBSP - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2025220-925-72-55N/A9/30/2025584-1,387-76-45N/A6/30/2025596-689-86-57N/A3/31/2025367-6671055N/A12/31/2024268-168166216N/A9/30/2024602-82239260N/A6/30/2024866-47337438N/A3/31/20241,140-40268402N/A12/31/20231,387-17-75152N/A9/30/20231,311-3-161131N/A6/30/20231,2990-2541N/A3/31/20231,21378-395-149N/A12/31/20221,156133-385-53N/A9/30/20221,111279-2827N/A6/30/20221,067-334-107154N/A3/31/20221,222-380-22206N/A12/31/20211,357-401263317N/A9/30/20211,519-537374432N/A6/30/20211,62976218259N/A3/31/20211,58629287320N/A12/31/20201,615-13241298N/A9/30/20201,742-6185261N/A6/30/20201,899-2148249N/A3/31/20202,048112105205N/A12/31/20192,18813391168N/A9/30/20191,900120N/A11N/A6/30/20191,615108N/A178N/A3/31/20191,37119N/A183N/A12/31/20181,0523N/A198N/A9/30/20181,10624N/A277N/A6/30/20181,27572N/A69N/A3/31/20181,27474N/A101N/A12/31/20171,333100N/A159N/A9/30/20171,33091N/A78N/A6/30/20171,22175N/A167N/A3/31/20171,24390N/A159N/A12/31/20161,24285N/A83N/A9/30/20161,23794N/A122N/A6/30/20161,20184N/A112N/A3/31/20161,15664N/A118N/A12/31/20151,10659N/A91N/A9/30/20151,07256N/A32N/A6/30/20151,03256N/A60N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: TBSPの予測収益成長が 貯蓄率 ( 2.2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: TBSPの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: TBSPの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: TBSPの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: TBSPの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: TBSPの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance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 18:24終値2026/05/20 00:00収益2025/12/31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TBSP 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。0
お知らせ • Feb 27Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 21, 2026Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 21, 2026, at 10:00 SE Asia Standard Time.
お知らせ • Jan 07Plus Tech Innovation Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 367.306656 million.Plus Tech Innovation Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 367.306656 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 183,653,328 Price\Range: THB 2 Transaction Features: Rights Offering
お知らせ • Sep 30Chieh Yong Lew acquired 5.45% stake in Plus Tech Innovation Public Company Limited (SET:PTECH) from Pongsak Lohthongkham.Chieh Yong Lew acquired 5.45% stake in Plus Tech Innovation Public Company Limited (SET:PTECH) from Pongsak Lohthongkham on September 29, 2025. Chieh Yong Lew completed the acquisition of 5.45% stake in Chongqing Afari Technology Co., Ltd. (SHSE:601777) from Pongsak Lohthongkham on September 29, 2025.
お知らせ • Mar 04Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 25, 2025Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 25, 2025, at 13:00 SE Asia Standard Time.
Reported Earnings • Mar 04Full year 2024 earnings released: ฿2.23 loss per share (vs ฿0.069 loss in FY 2023)Full year 2024 results: ฿2.23 loss per share (further deteriorated from ฿0.069 loss in FY 2023). Revenue: ฿673.8m (down 51% from FY 2023). Net loss: ฿547.1m (loss widened ฿530.3m from FY 2023).
お知らせ • Mar 03Plus Tech Innovation Public Company Limited Appoints Chaiyaphat Phomuang as the Company Secretary, Effective March 10, 2025On February 28, 2025, the Board of Directors of Plus Tech Innovation Public Company Limited (PTECH) held Meeting No. 2/2025 and resolved to appoint Mr. Chaiyaphat Phomuang as the Company Secretary, effective March 10, 2025.
お知らせ • Jan 30+ 1 more updatePlus Tech Innovation Public Company Limited Announces Management and Committee ChangesPlus Tech Innovation Public Company Limited announced that Mr. Wirach Morakotkarn had submitted his resignation from the position of the Director, Risk Management Subcommittee, Member of the Executive Committee, which was effective on January 27, 2025. Miss. Rujee Jonpipob had submitted her resignation from the position of the Director, which was effective on January 28, 2025. Mr. Wilert Orawanwong had submitted his resignation from the position of the members of the Audit Committee and the member of the Nomination and Remuneration Committee, which was effective on January 29, 2025. Due to changes in the responsibilities associated with the role of executive director, he continues to serve as the company's director. When considering transitioning to the role of executive director, individuals will be exempt from the qualifications required for independent directors and audit directors, as stated by the Capital Market Supervisory Board. This exemption applies to directors who are actively involved in management, employees, staff, and consultants who receive a regular salary. However, the number of independent directors and audit directors must still meet the criteria necessary to maintain the status of a listed company. Qualified individuals have been appointed to fill any vacant positions. Mr. Khan Prachaubmoh had submitted his resignation from the position of Chairman of the Nomination and Compensation Committee, which was effective on January 29, 2025. Mrs. Sutiporn Chearayuttasak had submitted her resignation from the position of the Risk Management Subcommittee, which was effective on January 28, 2025. The appointment of new Directors and Committee/Subcommittee members has been approved, as follows: The appointment of Mr. Nantasith Boontanan as the Independent Director, the member of the Audit Committee and the member of the Nomination and Compensation Committee, which would be effective on January 29, 2025, Term of office of the Company's director in place of Mr. Wirach Morakotkarn. The appointment of Mr. Wilert Orawanwong as the Member of the Executive Committee, Risk Management Subcommittee, which would be effective on January 29, 2025. The appointment of Mr. Ithichai Poolvaraluck as the Chairman of the Nomination and Compensation Committee and Chairman of the Risk Management Subcommittee, which would be effective on January 29, 2025. The appointment of Mr. Parkpoom Pooudom as the Risk Management Subcommittee and change the position from Chairman of the Executive Committee to Member of the Executive Committee, which would be effective on January 29, 2025. The appointment of Mr. Somchai Siripanyanon as the Chairman of the Executive Committee, which would be effective on January 29, 2025. The appointment of Mr. Ithichai Poolvaraluck as the Vice Chairman, which would be effective on January 29, 2025. The approval of the change of the Authorized Directors, as follows: From Mr. Wirach Morakotkarn and Mr. Parkpoom Pooudom. These two directors jointly sign and affix the company's seal: Changed to Mr. Wilert Orawanwong. and Mr. Parkpoom Pooudom. The two directors will jointly sign and affix the company's seal. The change shall be effective from November January 29th, 2025 onwards. After the new appointment, the Company's Committees/Subcommittee have the following composition. The Audit Committee consists of 3 members: Mr. Kasemsit Pathomsak Chairman of the Audit Committee, Mr. Nantasith Boontanan Member of the Audit Committee (Replacement), Mr. Porntep Siriwanarangsun as Member of the Audit Committee. The Executive Committee consists of 3 members: Mr. Somchai Siripanyanon as Chairman of the Executive Committee (Replacement), Mr. Parkpoom Pooudom as Member of the Executive Committee, Mr. Wilert Orawanwong Member of the Executive Committee (Replacement). The Nomination and Remuneration Committee consists of 3 members: Mr. Khan Prachaubmoh as Chairman of the Nomination and Compensation Committee, Mr. Nantasith Boontanan as Member of the Nomination and Compensation Committee (Replacement), Mr. Porntep Siriwanarangsun as Member of the Nomination and Compensation Committee. Risk Management Subcommittee, consists of 3 members: Mr. Ithichai Poolvaraluck as Chairman of the Risk Management Subcommittee (Replacement), Mr. Parkpoom Pooudom as Member of the Risk Management Subcommittee (Replacement), Mr. Wilert Orawanwong as Member of the Risk Management Subcommittee (Replacement).
お知らせ • Jan 29Plus Tech Innovation Public Company Limited Appoints Suradej Saelin as Chief Financial OfficerPlus Tech Innovation Public Company Limited appointed Mr. Suradej Saelin as chief financial officer of the company. Effective from, 28 January 2025.
お知らせ • Jan 02+ 1 more updatePlus Tech Innovation Public Company Limited Announces Resignation of Santithron Bunchua as CEOPLUS TECH INNOVATION PUBLIC COMPANY LIMITED announced the resignation of Mr. Santithron Bunchua as Chief Executive Officer for health and family reasons it will be effective from 1 January 2025 onwards.
New Risk • Nov 23New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (฿286.5m market cap, or US$8.31m). Minor Risk High level of debt (53% net debt to equity).
New Risk • Oct 29New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿320.8m (US$9.51m) 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 Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 20% per year over the past 5 years. Market cap is less than US$10m (฿320.8m market cap, or US$9.51m).
Reported Earnings • Aug 15Second quarter 2024 earnings released: ฿0.41 loss per share (vs ฿0.005 profit in 2Q 2023)Second quarter 2024 results: ฿0.41 loss per share (down from ฿0.005 profit in 2Q 2023). Revenue: ฿206.1m (down 41% from 2Q 2023). Net loss: ฿101.6m (down ฿102.7m from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
お知らせ • Jul 18+ 1 more updatePlus Tech Innovation Public Company Limited Announces Change in Chief Executive OfficerOn July 17, 2024, the board of directors of Plus Tech Innovation Public Company Limited acknowledged the resignation of Mr. Kittinut Tikawan from the position of Director and Acting Chief Executive Officer, Effective July 17, 2024. Mr. Santithon Bunchua has been appointed as the Chief Executive Officer and Director, replacing Kittinut Tikawan. The effective date of the appointment will be July 18, 2024.
お知らせ • Jun 08Plus Tech Innovation Public Company Limited Announces the Termination of Miss Kannika Suwanta as Accounting DirectorPlus Tech Innovation Public Company Limited announced the termination of Miss Kannika Suwanta as Accounting Director, Effective Date from June 01, 2024.
Reported Earnings • May 15First quarter 2024 earnings released: ฿0.24 loss per share (vs ฿0.001 profit in 1Q 2023)First quarter 2024 results: ฿0.24 loss per share (down from ฿0.001 profit in 1Q 2023). Revenue: ฿332.4m (up 2.1% from 1Q 2023). Net loss: ฿54.2m (down ฿54.4m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • May 15Plus Tech Innovation Public Company Limited Appoints Phongsak Thanyachet as Company SecretaryPlus Tech Innovation Public Company Limited appointed Mr. Phongsak Thanyachet as Company Secretary, Effective from May 14, 2024.
お知らせ • Mar 15+ 1 more updatePlus Tech Innovation Public Company Limited Announces Chief Executive Officer Changes, Effective March 16, 2024Plus Tech Innovation Public Company Limited at its meeting held on March 15, 2024 announced the resignation from the position of Chief Executive Officer of Mr. Wirach Morakotkarn, effective from March 16, 2024 onwards and the appointment of Mr. Kittinat Tikawan, Director and Chairman of the Executive Committee, as Acting Chief Executive Officer, effective from March 16, 2024.
お知らせ • Mar 02Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 26, 2024Plus Tech Innovation Public Company Limited, Annual General Meeting, Apr 26, 2024, at 10:00 SE Asia Standard Time. Location: 2nd floor of the office of Sabuy Technology Public Company Limited located at 230 Bangkhun thian-Chaitalay Road, Samae Dam Sub-district, Bangkhun thian District, Bangkok Bangkok Thailand Agenda: To consider and approve the Annual Shareholders' Meeting report for the fiscal year 2023; to consider and approve the company's financial statements for the fiscal year ended December 31, 2023; to consider and approve the appointment of board members to replace those who have resigned according to the agenda; and to consider other matters.
Reported Earnings • Mar 01Full year 2023 earnings released: ฿0.07 loss per share (vs ฿0.56 profit in FY 2022)Full year 2023 results: ฿0.07 loss per share (down from ฿0.56 profit in FY 2022). Revenue: ฿1.39b (up 20% from FY 2022). Net loss: ฿16.9m (down 113% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Feb 13Plus Tech Innovation Public Company Limited Announces Board ChangesPlus Tech Innovation Public Company Limited held a meeting of the board of Directors on February 11, 2024. Acknowledged the resignation notification of Mr. Songphon Chewapanyaroj in the positions of independent director and chairman of the audit committee. According to Mr. Songphon Chivapanyaroj in the position of independent director and Chairman of the audit committee has been a letter requesting resignation from being an independent director and Chairman of the audit committee, dated February 7, 2024, effective from March 1, 2024 . He will continue to perform duties as an independent director and Chairman of the audit committee in considering the certification of the financial statements for the year 2 0 2 3 at the meeting of the Board of Directors and audit committee within the month February 2024; Acknowledged the resignation notification of Mr. Chukiat Rujanapornphajee. in the position of Chairman of the Executive Committee. According to Mr. Chukiat Rujanapornpajee in the position of Chairman of the Executive Committee has been a letter requesting to resign from being the Chairman of the Executive Committee on February 9, 2024, effective from February 10, 2024. Mr. Chukiat Rujanapornpajee will continue to perform his duties as a director of the company and the executive committee. Consider appointing Mr. Kittinat Tikawan as a director and chairman of the executive committee (Term of office in place of Mr. Suphan Mongkolsuthree). As Mr. Suphan Mongkolsuthree resigned from being a director of the company on April 5, 2023, there was a vacant director position. The Nomination and Remuneration Committee No. 1/2024 has considered recruiting directors to Substitute for vacant positions Therefore, it was resolved to appoint Mr. Kittinut Tikawan as a replacement director and chairman of the executive committee. At the same time, it has been considered that there are qualifications and have the knowledge and ability to help the company manage its work very well and have experience in the business sector Effective from February 12, 2024. Consider appointing Mr. Pornprom Wongpiwat as an independent director and (term of office in place of Mr. Songphon Chivapanyaroj). In this regard, the Nomination and Remuneration Committee No.1/2024 has considered Recruiting directors to fill vacant positions Therefore, Mr. Pornprom Wongpiwat was nominated as an independent director and audit committee (A person with knowledge in accounting and finance) instead of Mr. Songphon Chewapanyaroj who will have the effect of resigning from 1 March 2024 by the committee The Nomination and Remuneration Committee has considered that Mr.Pornprom Wongpiwat is a qualified director conforms to the definitions set by the SEC Office and the Stock Exchange regarding the qualifications of being an independent director. and audit committee and effective from 1 March 2024. After the appointment of company directors Audit Committee and the new executive directors are as follows: Name list of directors 9 positions: Mr. Khan Prachaubmoh-Chairman of The Board Of Directors; Mr. Chookiat Rujanapornpajee-Director; Mr. Wirach Morakotkarn-Chief Executive Officer, Director; Mr. Jutiphan Mongkolsuthree-Director; Miss. Sutida Mongkolsuthree-Director; Mr. Kittinat Tikawan- Director; Mr. Songpol Chevapanyaroj- Independent Director, Chairman of The Audit Committee (Until February 29, 2024); Mr. Pornprom Wongpiwat-Independent Director, Audit Committee (From March 1, 2024); Mr. Wuttikiat Techamongklapiwat- Independent Director, Audit Committee; Mr. Porntep Siriwanarangsun-Independent Director, Audit Committee. The chairman of Audit Committee will be considered and informed further. Name list of executive committees 10 positions (from the original 9 positions): Mr. Kittinat Tikawan-Chairman of the Executive Committee; Mr. Chukiat Rujanapornphajee-Executive Director; Mr. Wirach Morakotkarn-Executive Director; Mr. Narongchai Wongthanavimok- Executive committee; Mr. Poolpat Sripleng-Executive Director; Mr. Pakpoom Phudom-Executive Director; Mr. Wachirathorn Kongsuk-Executive Director; Mr. Ratthaphon Techaviji-Executive Director; Ms. Paritsaya Ounruen- Executive Director; Mr. Kasan Piyaphimuk, Executive Director.
Reported Earnings • Nov 09Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ฿340.5m (up 3.7% from 3Q 2022). Net income: ฿29.0k (down 99% from 3Q 2022). Profit margin: 0% (down from 0.8% in 3Q 2022). 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 7% per year, which means it is significantly lagging earnings.
New Risk • Oct 25New 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 9.3% 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 (1.0x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 25% 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. Market cap is less than US$100m (฿2.94b market cap, or US$81.2m).
Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ฿347.1m (up 33% from 2Q 2022). Net income: ฿1.15m (down 99% from 2Q 2022). Profit margin: 0.3% (down from 30% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • Aug 11New 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 8.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.06x net interest cover). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 28% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.18b market cap, or US$90.8m).
Buying Opportunity • Jul 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 36%. The fair value is estimated to be ฿16.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 21% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Jul 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.45b (US$98.3m) This is considered a minor 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 (0.06x net interest cover). Earnings have declined by 28% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (฿3.45b market cap, or US$98.3m).
New Risk • Jul 06New major 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 8.7% 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 (0.06x net interest cover). Earnings have declined by 28% per year over the past 5 years. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.7% average weekly change).
Reported Earnings • May 18First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: ฿325.5m (up 254% from 1Q 2022). Net income: ฿164.0k (down 100% from 1Q 2022). Profit margin: 0.1% (down from 61% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • May 17Plus Tech Innovation Public Company Limited Announces Executive ChangesPlus Tech Innovation Public Company Limited informed the resolution of the Board of Directors Meeting No. 2/2023 dated May 13, 2023, which appointed Mr. Pornthep Siriwanarangsan. To takethe position of Independent Director and Member of the Audit Committee in place of Mrs. Pratana Mongkolkul, effective from May 13, 2023. The audit committee of the company consists of: 1. Mr. Songpol Chevapanyaroj; Chairman of the Audit Committee, 2. Mr. Wuthikiat Techa Mongklapiwat Audit Committee, 3. Mr. Pornthep SiRiwanarangsan; Audit Committee.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: ฿1.00 (vs ฿1.97 loss in FY 2021)Full year 2022 results: EPS: ฿1.00 (up from ฿1.97 loss in FY 2021). Revenue: ฿1.16b (down 4.1% from FY 2021). Net income: ฿133.0m (up ฿534.3m from FY 2021). Profit margin: 12% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ฿18.90, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 28x in the Commercial Services industry in Thailand. Total returns to shareholders of 68% over the past three years.
Board Change • Dec 06Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Wuttikiat Techamongklapiwat was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: ฿0.32 (vs ฿0.16 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.32 (up from ฿0.16 in 2Q 2021). Revenue: ฿261.3m (down 37% from 2Q 2021). Net income: ฿79.1m (up 144% from 2Q 2021). Profit margin: 30% (up from 7.8% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 08Plus Tech Innovation Public Company Limited Announces Appointment of Additonal Executive DirectorThe Board of Directors of Plus Tech Innovation Public Limited Company. which has resolved to appoint Mr. Kasarn Piyapimook, after the appointment of one additional executive director, there will be 9 executive directors whose names are as follows: Mr. Chookiat Rujanapornpajee: Chairman of Executive Director, Mr. Wirach Morakotkan: Executive Director, Mr. Narongchai Wongthanawimok: Executive Director, Mr. Poonpat Sripleng: Executive Director, Mr. Pakpoom Phu-Udom: Executive Director, Mr. Wachirathon Kongsook: Executive Director, Mr. Rattapon Techawijit: Executive Director, Miss Paritsaya Aoonruean: Executive Director, Mr. Kasarn Piyapimook: Executive Director. Request to be effective from August 8, 2022 onwards.
Buying Opportunity • May 24Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be ฿29.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 12First quarter 2022 earnings released: EPS: ฿0.27 (vs ฿0.17 in 1Q 2021)First quarter 2022 results: EPS: ฿0.27 (up from ฿0.17 in 1Q 2021). Revenue: ฿91.8m (down 77% from 1Q 2021). Net income: ฿55.6m (up 61% from 1Q 2021). Profit margin: 61% (up from 8.6% in 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Songpol Chevapanyaroj was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Feb 22TBSP Public Company Limited, Annual General Meeting, Apr 20, 2022TBSP Public Company Limited, Annual General Meeting, Apr 20, 2022, at 03:00 Coordinated Universal Time. Location: No. 230, Bang Khun Thian-Chaitalay Road Samae Dam Sub-district, Bang Khun Thian District Bangkok Thailand Agenda: To consider and certify the minutes of the Extraordinary General Meeting of Shareholders No. 2/21 on January 7 , 2022; to consider acknowledgment of the company's operating results in the year 2021; to consider and approve the financial statements for the year 2021 ending on December 31 , 2021; to consider and approve the omission of dividend payments and the omission of profits as legal reserves; to consider and approve the appointment of directors to replace those who retire by rotation in 2022; to consider and approve the remuneration of directors and sub-committees for the year 2022; to consider and approve the appointment of auditors and fix the remuneration for the year 2022; and to transact other business.
Reported Earnings • Feb 22Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: ฿1.96 loss per share (down from ฿0.078 loss in FY 2020). Revenue: ฿1.21b (down 25% from FY 2020). Net loss: ฿401.2m (loss widened ฿388.2m from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 10Third quarter 2021 earnings released: ฿2.99 loss per share (vs ฿0.015 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ฿284.7m (down 28% from 3Q 2020). Net loss: ฿610.1m (down ฿613.1m from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
Executive Departure • Oct 03Acting CFO & Chief Accountant Saisamorn Atpaksa has left the companyDuring their tenure, earnings grew by 4,839% annually compared to the industry average of 85%. On the 23rd of September, Saisamorn Atpaksa left the company after less than a year in the role. We don't have any record of a personal shareholding under Saisamorn's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Executive Departure • Sep 21Director Richard Han has left the companyOn the 15th of September, Richard Han's tenure as Director ended after 23.1 years in the role. We don't have any record of a personal shareholding under Richard's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Executive Departure • Sep 21MD, Company Secretary & Director Parkpoom Pooudom has left the companyOn the 15th of September, Parkpoom Pooudom's tenure as MD, Company Secretary & Director of the company ended after less than a year in the role. We don't have any record of a personal shareholding under Parkpoom's name. A total of 6 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Under Parkpoom's leadership, the company delivered a total shareholder return of 57%.
Upcoming Dividend • Sep 09Upcoming dividend of ฿0.90 per shareEligible shareholders must have bought the stock before 16 September 2021. Payment date: 01 October 2021. Trailing yield: 8.9%. Within top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (2.7%).
Executive Departure • Sep 07Acting CFO & Chief Accountant Saisamorn Atpaksa has left the companyDuring their tenure, earnings grew by 4,839% annually compared to the industry average of 85%. On the 1st of September, Saisamorn Atpaksa left the company after less than a year in the role. We don't have any record of a personal shareholding under Saisamorn's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Executive Departure • Sep 07Independent Chairman Chaiwat Utaiwan has left the companyOn the 1st of September, Chaiwat Utaiwan's tenure as Independent Chairman ended after 2.4 years in the role. We don't have any record of a personal shareholding under Chaiwat's name. A total of 4 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿20.00, the stock trades at a trailing P/E ratio of 54x. Average trailing P/E is 24x in the Commercial Services industry in Thailand. Total returns to shareholders of 42% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.16 (vs ฿0.10 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿416.2m (up 12% from 2Q 2020). Net income: ฿32.5m (up ฿47.1m from 2Q 2020). Profit margin: 7.8% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Jul 03Sabuy Technology Public Company Limited (SET:SABUY) agreed to acquire 73.48% stake in TBSP Public Company Limited (SET:TBSP) from T.K.S. Technologies Public Company Limited (SET:TKS) for THB 2 billion.Sabuy Technology Public Company Limited (SET:SABUY) agreed to acquire 73.48% stake in TBSP Public Company Limited (SET:TBSP) from T.K.S. Technologies Public Company Limited (SET:TKS) for THB 2 billion on June 23, 2021. Pursuant to the terms of the transaction, Sabuy Technology Public Company Limited would acquire around 150.1 million shares in TBSP Public Company Limited for approximately THB 13.4 per share. After such sale of TBSP Public Company Limited shares, T.K.S. Technologies Public Company Limited will hold no more than 25% of the total number of shares sold of TBSP Public Company Limited upon the completion of the share sale. The transaction has been approved by the Board of Directors of T.K.S. Technologies Public Company Limited , in a meeting convened on June 23, 2021.
お知らせ • Jun 26TBSP Public Company Limited (SET:TBSP) agreed to acquire Vending Plus Co.,Ltd. from Sabuy Technology Public Company Limited (SET:SABUY).TBSP Public Company Limited (SET:TBSP) agreed to acquire Vending Plus Co.,Ltd. from Sabuy Technology Public Company Limited (SET:SABUY) on June 23, 2021. As part of the transaction, Sabuy Technology sold 2.6 million shares with a par value of THB 100 per share. The total value does not exceed THB 1,020.5, equivalent to THB 395 per share. In addition, Sabuy Technology Public Company Limited (SET:SABUY) will purchase ordinary shares of T.K.S. TECHNOLOGIES PUBLIC COMPANY LIMITED from Sabuy Technology Public Company Limited (SET:SABUY). After the Sabuy Technology Public Company Limited (SET:SABUY) purchase the ordinary shares of TBSP, the company will hold 150.1 million shares or equivalent to approximately 73.48 percent of the total number of shares sold of TBSP, with investment value THB 2,005 million. The shareholders of Sabuy Technology has a resolution to approve the company to increase capital. The Board of Directors Meeting of the Sabuy Technology has a resolution to approve the Sabuy Technology to sell VDP's shares to TBSP. TBSP has restructured its structure to retains only assets and liabilities related to the plastic card business which is as agreed between the Sabuy Technology and TBSP.
Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.17 (vs ฿0.064 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿403.3m (down 6.7% from 1Q 2020). Net income: ฿34.6m (up ฿41.6m from 1Q 2020). Profit margin: 8.6% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Executive Departure • Mar 24Head of Accounting Department has left the companyOn the 23rd of March, Wilawan Tongtuang's tenure as Head of Accounting Department ended after less than a year in the role. We don't have any record of a personal shareholding under Wilawan's name. A total of 3 executives have left over the last 12 months.
Is New 90 Day High Low • Mar 16New 90-day low: ฿11.20The company is down 12% from a price of ฿12.80 on 15 December 2020. Underperformed the Thai market, which is up 6.0% over the last 90 days. Lagged the Commercial Services industry, which is up 25% over the same period.
お知らせ • Mar 03TBSP Public Company Limited, Annual General Meeting, Apr 23, 2021TBSP Public Company Limited, Annual General Meeting, Apr 23, 2021, at 10:00 SE Asia Standard Time. Location: 41/1 Moo.10, Soi Wat Suan Som Poochao – Saming Prai Road Samut Prakan Thailand Agenda: To Consider certifying the minutes of the 2020 Annual General Meeting of Shareholders, which was held on 28 May 2020; to Consider acknowledging the Company's operating results for the year ended 31 December 2020; to Consider approving the audited Financial Statements for the year ended 31 December 2020; to Consider approving the Dividend Omission and the Omission of Profits Allocation; to Consider approving the election of the directors to replace those who are retired by rotation for the year 2021; and to consider other matters.
Reported Earnings • Mar 03Full year 2020 earnings released: ฿0.08 loss per share (vs ฿1.21 profit in FY 2019)The company reported a mediocre full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: ฿1.61b (up 46% from FY 2019). Net loss: ฿13.0m (down 110% from profit in FY 2019). 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 8% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Jan 26New 90-day low: ฿12.20The company is down 2.0% from its price of ฿12.50 on 28 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Commercial Services industry, which is up 16% over the same period.
お知らせ • Nov 27TBSP Public Company Limited Announces Executive ChangesTBSP Public Company Limited announced that Miss. Sutida Mongkolsuthree has resigned from the position of the Chairman of the Executive Committee, with effective from 7 August 2020 onward. However, she still remains the Director and The Member of Nomination and Remuneration Committee. The company also appoint Mr. Jutiphan Mongkolsuthree to be Chairman of the Executive Committee, with effective from 8 August 2020 onward.
Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ฿0.01The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: ฿395.2m (up 47% from 3Q 2019). Net income: ฿2.98m (down 61% from 3Q 2019). Profit margin: 0.8% (down from 2.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 06+ 1 more updateTBSP Public Company Limited Announces Change in CFOTBSP Public Company Limited announced the resignation of Miss Jarumas Anutchalakom as Chief Financial Officer (CFO), effective 31 October 2020, and appointed Miss Saisamorn Atpaksa as Acting Chief Financial Officer, effective 01 November 2020.
お知らせ • Oct 13+ 1 more updateTBSP Public Company Limited Announces Resignation of Natapong Pinitpongskul as Executive Director and Company Secretary, Effective from 1 November 2020 OnwardTBSP Public Company Limited announced that Mr. Natapong Pinitpongskul, as Executive Director and Company Secretary, has informed of his resignation to be effective from 1 November 2020 onward.
お知らせ • Aug 27T.K.S. Technologies Public Company Limited (SET:TKS) cancelled the voluntary tender offer to acquire the remaining 20.3% stake in TBSP Public Company Limited (SET:TBSP).T.K.S. Technologies Public Company Limited (SET:TKS) made a voluntary tender offer to acquire remaining 20.3% stake in TBSP Public Company Limited (SET:TBSP) for approximately THB 310 million on August 7, 2019. TKS will pay THB 13.8 per share in cash for 22.3 million shares. Transaction will be funded through credit facility provided by Kasikorn Bank Public Company Limited. T.K.S. Technologies Public Company Limited will maintain the listing of TBSP Public Company Limited on the stock exchange. T.K.S. Technologies Public Company Limited shall cancel the tender offer if at the end of the voluntary tender offer period, the tendered shares are less than 15% of the total issued and paid-up shares of TBSP Public Company Limited. Transaction was resolved by both the companies. The Board of Directors of TBSP Public Company Limited approved the tender offer on August 7, 2019. As of August 29, 2019, offer period will commence from August 27, 2019 to September 23, 2019. As of September 6, 2019, the tender offer period will commence from August 27, 2019 and will last till October 1, 2019. Yuanta Securities (Thailand) Company Limited acted as tender offer preparer and tender offer agent to T.K.S. Technologies Public Company Limited. Kudun and Partner Co., Ltd. acted as legal advisor to T.K.S. Technologies Public Company Limited. Avantgarde Capital Company Limited acted as financial advisor for TBSP Public Company. Yuanta Securities Company Limited acted as tender offer agent in the transaction. T.K.S. Technologies Public Company Limited (SET:TKS) cancelled the voluntary tender offer to acquire the remaining 20.3% stake in TBSP Public Company Limited (SET:TBSP) August 7, 2020.