View Financial HealthChai Watana Tannery Group 配当と自社株買い配当金 基準チェック /06Chai Watana Tannery Group現在配当金を支払っていません。主要情報0%配当利回り0%バイバック利回り総株主利回り0%将来の配当利回りn/a配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向0%最近の配当と自社株買いの更新Upcoming Dividend • Mar 08Upcoming dividend of ฿0.053 per share at 2.2% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 23 May 2023. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.6%).Upcoming Dividend • Mar 08Inaugural dividend of ฿0.053 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 27 May 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 3.6%.すべての更新を表示Recent updatesReported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.035 (vs ฿0.001 in FY 2024)Full year 2025 results: EPS: ฿0.035 (up from ฿0.001 in FY 2024). Revenue: ฿1.38b (down 14% from FY 2024). Net income: ฿22.0m (up ฿21.1m from FY 2024). Profit margin: 1.6% (up from 0.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 26% per year.お知らせ • Feb 26Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 23, 2026Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 23, 2026, at 14:00 SE Asia Standard Time. Location: the main meeting room,bldg.10,2nd fl., 419-420, moo 6, buddharuksa rd., phraeksa, muang, samutprakarn 10280 ThailandReported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.04 loss per share (vs ฿0.047 profit in 3Q 2024)Third quarter 2025 results: ฿0.04 loss per share (down from ฿0.047 profit in 3Q 2024). Revenue: ฿327.8m (down 21% from 3Q 2024). Net loss: ฿22.4m (down 176% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿1.28, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 16x in the Luxury industry in Thailand. Total loss to shareholders of 49% over the past three years.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ฿1.17, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 15x in the Luxury industry in Thailand. Total loss to shareholders of 59% over the past three years.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.15 (vs ฿0.007 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.15 (up from ฿0.007 in 2Q 2024). Revenue: ฿346.9m (down 3.3% from 2Q 2024). Net income: ฿92.2m (up ฿87.7m from 2Q 2024). Profit margin: 27% (up from 1.2% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.066 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03 (down from ฿0.066 in 1Q 2024). Revenue: ฿377.7m (down 15% from 1Q 2024). Net income: ฿17.5m (down 58% from 1Q 2024). Profit margin: 4.6% (down from 9.4% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.New Risk • Apr 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿434.8m market cap, or US$13.0m).New Risk • Apr 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿327.7m (US$9.58m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 34% per year over the past 5 years. Market cap is less than US$10m (฿327.7m market cap, or US$9.58m). Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 03Full year 2024 earnings released: EPS: ฿0.001 (vs ฿0.18 loss in FY 2023)Full year 2024 results: EPS: ฿0.001 (up from ฿0.18 loss in FY 2023). Revenue: ฿1.61b (down 10% from FY 2023). Net income: ฿831.9k (up ฿117.0m from FY 2023). Profit margin: 0.1% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.お知らせ • Feb 28Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 30, 2025Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:00 SE Asia Standard Time. Location: the main meeting room,bldg.10, 2nd fl., 419-420 moo 6, buddharuksa rd., phraeksa, muang, samutprakarn 10280, ThailandReported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ฿0 (vs ฿0.008 in 2Q 2023)Second quarter 2024 results: EPS: ฿0 (down from ฿0.008 in 2Q 2023). Revenue: ฿358.7m (down 11% from 2Q 2023). Net loss: ฿97.0k (down 102% from profit in 2Q 2023). Profit margin: 0% (down from 1.2% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.07 (vs ฿0.003 in 1Q 2023)First quarter 2024 results: EPS: ฿0.07 (up from ฿0.003 in 1Q 2023). Revenue: ฿442.6m (down 8.1% from 1Q 2023). Net income: ฿41.4m (up ฿39.7m from 1Q 2023). Profit margin: 9.4% (up from 0.4% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.お知らせ • Apr 20Chai Watana Tannery Group Public Company Limited Approves Election of Wanida Sikamahn as Member of Director and Member of Risk Management CommitteeChai Watana Tannery Group Public Company Limited announced that at the Annual General Meeting of Shareholders held on April 19, 2024 approved election of Miss. Wanida Sikamahn to hold a position of Member of director /Member of Board Management /Member of Risk Management Committee.Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.18 loss per share (vs ฿0.29 profit in FY 2022)Full year 2023 results: ฿0.18 loss per share (down from ฿0.29 profit in FY 2022). Revenue: ฿1.79b (down 4.2% from FY 2022). Net loss: ฿116.2m (down 165% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.お知らせ • Mar 02Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 19, 2024Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 19, 2024, at 14:00 SE Asia Standard Time. Location: Building 10, 2nd floor of Chai Watana Tannery Group Public Company Limited No. 419-420 Moo 6, Putahracsa Road, Phraeksa Subdistrict, Mueang District Samut Prakan Thailand Agenda: To acknowledge the Company's operating results for the year 2023; to consider and approve the financial statements for the year 2023 ending on December 31, 2023; to consider and approve the omission of dividend payment for the operation performance of 2023; to consider and approve the election of directors to replace those retiring by rotation; to consider and approve the determination of directors' remuneration for the year 2024; to consider and approve the appointment of the Company's auditors and determine the audit fee for the year 2024; and to consider other matters.Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.049 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.01 (down from ฿0.049 in 3Q 2022). Revenue: ฿440.3m (down 3.3% from 3Q 2022). Net loss: ฿9.47m (down 131% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.New Risk • Aug 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 148% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 148% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (฿1.18b market cap, or US$33.2m).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.13 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.01 (down from ฿0.13 in 2Q 2022). Revenue: ฿404.1m (down 7.0% from 2Q 2022). Net income: ฿4.85m (down 94% from 2Q 2022). Profit margin: 1.2% (down from 19% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • May 19First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: ฿481.5m (flat on 1Q 2022). Net income: ฿1.70m (down 98% from 1Q 2022). Profit margin: 0.4% (down from 17% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 08Upcoming dividend of ฿0.053 per share at 2.2% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 23 May 2023. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.6%).Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.05 (vs ฿0.06 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.05 (down from ฿0.06 in 3Q 2021). Revenue: ฿455.5m (up 21% from 3Q 2021). Net income: ฿31.0m (down 17% from 3Q 2021). Profit margin: 6.8% (down from 10.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Chairman & MD Weerapon Chaiteerath was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿0.13 (vs ฿0.063 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.13 (up from ฿0.063 in 2Q 2021). Revenue: ฿434.5m (flat on 2Q 2021). Net income: ฿84.0m (up 112% from 2Q 2021). Profit margin: 19% (up from 9.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 19First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.13 (up from ฿0.088 in 1Q 2021). Revenue: ฿481.7m (down 1.8% from 1Q 2021). Net income: ฿79.5m (up 43% from 1Q 2021). Profit margin: 17% (up from 11% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Chairman & MD Weerapon Chaiteerath was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 08Inaugural dividend of ฿0.053 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 27 May 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 3.6%.Reported Earnings • Mar 02Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿0.27 (up from ฿0.19 in FY 2020). Revenue: ฿1.76b (up 12% from FY 2020). Net income: ฿172.2m (up 47% from FY 2020). Profit margin: 9.8% (up from 7.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 36% share price gain to ฿4.16, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 21x in the Luxury industry in Thailand. Total returns to shareholders of 39% over the past three years.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿0.06 (vs ฿0.019 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ฿375.2m (flat on 3Q 2020). Net income: ฿37.5m (up 210% from 3Q 2020). Profit margin: 10.0% (up from 3.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.063 (vs ฿0.024 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿452.2m (up 90% from 2Q 2020). Net income: ฿39.6m (up 157% from 2Q 2020). Profit margin: 8.8% (up from 6.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2021 earnings released: EPS ฿0.09 (vs ฿0.022 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿490.7m (up 8.1% from 1Q 2020). Net income: ฿55.5m (up 298% from 1Q 2020). Profit margin: 11% (up from 3.1% in 1Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.19 (vs ฿0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿1.57b (down 22% from FY 2019). Net income: ฿117.0m (up 11% from FY 2019). Profit margin: 7.5% (up from 5.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Over the next year, revenue is forecast to grow 45%, compared to a 18% growth forecast for the Luxury industry in Thailand.Is New 90 Day High Low • Jan 22New 90-day high: ฿3.34The company is up 70% from its price of ฿1.96 on 22 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿2.88, the stock is trading at a trailing P/E ratio of 28.4x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 18x in the Luxury industry in Thailand. Total return to shareholders over the past three years is a loss of 3.4%.Is New 90 Day High Low • Jan 05New 90-day high: ฿2.74The company is up 5.0% from its price of ฿2.60 on 07 October 2020. The Thai market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 2.0% over the same period.Valuation Update With 7 Day Price Move • Nov 24Market bids up stock over the past weekAfter last week's 19% share price gain to ฿2.40, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 19.9x. This compares to an average P/E of 19x in the Luxury industry in Thailand. Total return to shareholders over the past three years is a loss of 21%.Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS ฿0.02The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿375.8m (down 23% from 3Q 2019). Net income: ฿12.1m (up ฿11.2m from 3Q 2019). Profit margin: 3.2% (up from 0.2% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 17% share price decline to ฿2.00, the stock is trading at a trailing P/E ratio of 23.9x, down from the previous P/E ratio of 28.9x. This compares to an average P/E of 22x in the Luxury industry in Thailand. Total return to shareholders over the past three years is a loss of 39%.Is New 90 Day High Low • Oct 16New 90-day low: ฿2.08The company is down 10.0% from its price of ฿2.30 on 17 July 2020. The Thai market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.決済の安定と成長配当データの取得安定した配当: CWTの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: CWTの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Chai Watana Tannery Group 配当利回り対市場CWT 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (CWT)0%市場下位25% (TH)3.4%市場トップ25% (TH)7.5%業界平均 (Luxury)7.4%アナリスト予想 (CWT) (最長3年)n/a注目すべき配当: CWTは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: CWTは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: CWT TH市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: CWTが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YTH 市場の強力な配当支払い企業。View Management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2026/05/22 07:35終値2026/05/22 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Chai Watana Tannery Group 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Wikij TirawannaratBualuang Securities PCL
Upcoming Dividend • Mar 08Upcoming dividend of ฿0.053 per share at 2.2% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 23 May 2023. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.6%).
Upcoming Dividend • Mar 08Inaugural dividend of ฿0.053 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 27 May 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 3.6%.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.035 (vs ฿0.001 in FY 2024)Full year 2025 results: EPS: ฿0.035 (up from ฿0.001 in FY 2024). Revenue: ฿1.38b (down 14% from FY 2024). Net income: ฿22.0m (up ฿21.1m from FY 2024). Profit margin: 1.6% (up from 0.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 26% per year.
お知らせ • Feb 26Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 23, 2026Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 23, 2026, at 14:00 SE Asia Standard Time. Location: the main meeting room,bldg.10,2nd fl., 419-420, moo 6, buddharuksa rd., phraeksa, muang, samutprakarn 10280 Thailand
Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.04 loss per share (vs ฿0.047 profit in 3Q 2024)Third quarter 2025 results: ฿0.04 loss per share (down from ฿0.047 profit in 3Q 2024). Revenue: ฿327.8m (down 21% from 3Q 2024). Net loss: ฿22.4m (down 176% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿1.28, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 16x in the Luxury industry in Thailand. Total loss to shareholders of 49% over the past three years.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ฿1.17, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 15x in the Luxury industry in Thailand. Total loss to shareholders of 59% over the past three years.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.15 (vs ฿0.007 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.15 (up from ฿0.007 in 2Q 2024). Revenue: ฿346.9m (down 3.3% from 2Q 2024). Net income: ฿92.2m (up ฿87.7m from 2Q 2024). Profit margin: 27% (up from 1.2% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.066 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03 (down from ฿0.066 in 1Q 2024). Revenue: ฿377.7m (down 15% from 1Q 2024). Net income: ฿17.5m (down 58% from 1Q 2024). Profit margin: 4.6% (down from 9.4% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
New Risk • Apr 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 34% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿434.8m market cap, or US$13.0m).
New Risk • Apr 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿327.7m (US$9.58m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 34% per year over the past 5 years. Market cap is less than US$10m (฿327.7m market cap, or US$9.58m). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 03Full year 2024 earnings released: EPS: ฿0.001 (vs ฿0.18 loss in FY 2023)Full year 2024 results: EPS: ฿0.001 (up from ฿0.18 loss in FY 2023). Revenue: ฿1.61b (down 10% from FY 2023). Net income: ฿831.9k (up ฿117.0m from FY 2023). Profit margin: 0.1% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 28Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 30, 2025Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:00 SE Asia Standard Time. Location: the main meeting room,bldg.10, 2nd fl., 419-420 moo 6, buddharuksa rd., phraeksa, muang, samutprakarn 10280, Thailand
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ฿0 (vs ฿0.008 in 2Q 2023)Second quarter 2024 results: EPS: ฿0 (down from ฿0.008 in 2Q 2023). Revenue: ฿358.7m (down 11% from 2Q 2023). Net loss: ฿97.0k (down 102% from profit in 2Q 2023). Profit margin: 0% (down from 1.2% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.07 (vs ฿0.003 in 1Q 2023)First quarter 2024 results: EPS: ฿0.07 (up from ฿0.003 in 1Q 2023). Revenue: ฿442.6m (down 8.1% from 1Q 2023). Net income: ฿41.4m (up ฿39.7m from 1Q 2023). Profit margin: 9.4% (up from 0.4% in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 40 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 20Chai Watana Tannery Group Public Company Limited Approves Election of Wanida Sikamahn as Member of Director and Member of Risk Management CommitteeChai Watana Tannery Group Public Company Limited announced that at the Annual General Meeting of Shareholders held on April 19, 2024 approved election of Miss. Wanida Sikamahn to hold a position of Member of director /Member of Board Management /Member of Risk Management Committee.
Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.18 loss per share (vs ฿0.29 profit in FY 2022)Full year 2023 results: ฿0.18 loss per share (down from ฿0.29 profit in FY 2022). Revenue: ฿1.79b (down 4.2% from FY 2022). Net loss: ฿116.2m (down 165% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 02Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 19, 2024Chai Watana Tannery Group Public Company Limited, Annual General Meeting, Apr 19, 2024, at 14:00 SE Asia Standard Time. Location: Building 10, 2nd floor of Chai Watana Tannery Group Public Company Limited No. 419-420 Moo 6, Putahracsa Road, Phraeksa Subdistrict, Mueang District Samut Prakan Thailand Agenda: To acknowledge the Company's operating results for the year 2023; to consider and approve the financial statements for the year 2023 ending on December 31, 2023; to consider and approve the omission of dividend payment for the operation performance of 2023; to consider and approve the election of directors to replace those retiring by rotation; to consider and approve the determination of directors' remuneration for the year 2024; to consider and approve the appointment of the Company's auditors and determine the audit fee for the year 2024; and to consider other matters.
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.049 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.01 (down from ฿0.049 in 3Q 2022). Revenue: ฿440.3m (down 3.3% from 3Q 2022). Net loss: ฿9.47m (down 131% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
New Risk • Aug 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 148% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 148% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (฿1.18b market cap, or US$33.2m).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.13 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.01 (down from ฿0.13 in 2Q 2022). Revenue: ฿404.1m (down 7.0% from 2Q 2022). Net income: ฿4.85m (down 94% from 2Q 2022). Profit margin: 1.2% (down from 19% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • May 19First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: ฿481.5m (flat on 1Q 2022). Net income: ฿1.70m (down 98% from 1Q 2022). Profit margin: 0.4% (down from 17% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 08Upcoming dividend of ฿0.053 per share at 2.2% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 23 May 2023. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.6%).
Reported Earnings • Nov 19Third quarter 2022 earnings released: EPS: ฿0.05 (vs ฿0.06 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.05 (down from ฿0.06 in 3Q 2021). Revenue: ฿455.5m (up 21% from 3Q 2021). Net income: ฿31.0m (down 17% from 3Q 2021). Profit margin: 6.8% (down from 10.0% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Chairman & MD Weerapon Chaiteerath was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿0.13 (vs ฿0.063 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.13 (up from ฿0.063 in 2Q 2021). Revenue: ฿434.5m (flat on 2Q 2021). Net income: ฿84.0m (up 112% from 2Q 2021). Profit margin: 19% (up from 9.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 19First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.13 (up from ฿0.088 in 1Q 2021). Revenue: ฿481.7m (down 1.8% from 1Q 2021). Net income: ฿79.5m (up 43% from 1Q 2021). Profit margin: 17% (up from 11% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. No independent directors (6 non-independent directors). Chairman & MD Weerapon Chaiteerath was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 08Inaugural dividend of ฿0.053 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 27 May 2022. The company is not currently making a profit and is not cash flow positive. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 3.6%.
Reported Earnings • Mar 02Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ฿0.27 (up from ฿0.19 in FY 2020). Revenue: ฿1.76b (up 12% from FY 2020). Net income: ฿172.2m (up 47% from FY 2020). Profit margin: 9.8% (up from 7.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 36% share price gain to ฿4.16, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 21x in the Luxury industry in Thailand. Total returns to shareholders of 39% over the past three years.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿0.06 (vs ฿0.019 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ฿375.2m (flat on 3Q 2020). Net income: ฿37.5m (up 210% from 3Q 2020). Profit margin: 10.0% (up from 3.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.063 (vs ฿0.024 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿452.2m (up 90% from 2Q 2020). Net income: ฿39.6m (up 157% from 2Q 2020). Profit margin: 8.8% (up from 6.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2021 earnings released: EPS ฿0.09 (vs ฿0.022 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿490.7m (up 8.1% from 1Q 2020). Net income: ฿55.5m (up 298% from 1Q 2020). Profit margin: 11% (up from 3.1% in 1Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.19 (vs ฿0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿1.57b (down 22% from FY 2019). Net income: ฿117.0m (up 11% from FY 2019). Profit margin: 7.5% (up from 5.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 138%. Over the next year, revenue is forecast to grow 45%, compared to a 18% growth forecast for the Luxury industry in Thailand.
Is New 90 Day High Low • Jan 22New 90-day high: ฿3.34The company is up 70% from its price of ฿1.96 on 22 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿2.88, the stock is trading at a trailing P/E ratio of 28.4x, up from the previous P/E ratio of 23.7x. This compares to an average P/E of 18x in the Luxury industry in Thailand. Total return to shareholders over the past three years is a loss of 3.4%.
Is New 90 Day High Low • Jan 05New 90-day high: ฿2.74The company is up 5.0% from its price of ฿2.60 on 07 October 2020. The Thai market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 2.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 24Market bids up stock over the past weekAfter last week's 19% share price gain to ฿2.40, the stock is trading at a trailing P/E ratio of 23.7x, up from the previous P/E ratio of 19.9x. This compares to an average P/E of 19x in the Luxury industry in Thailand. Total return to shareholders over the past three years is a loss of 21%.
Reported Earnings • Nov 18Third quarter 2020 earnings released: EPS ฿0.02The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿375.8m (down 23% from 3Q 2019). Net income: ฿12.1m (up ฿11.2m from 3Q 2019). Profit margin: 3.2% (up from 0.2% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 19Market pulls back on stock over the past weekAfter last week's 17% share price decline to ฿2.00, the stock is trading at a trailing P/E ratio of 23.9x, down from the previous P/E ratio of 28.9x. This compares to an average P/E of 22x in the Luxury industry in Thailand. Total return to shareholders over the past three years is a loss of 39%.
Is New 90 Day High Low • Oct 16New 90-day low: ฿2.08The company is down 10.0% from its price of ฿2.30 on 17 July 2020. The Thai market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 6.0% over the same period.