View ValuationLanna Resources 将来の成長Future 基準チェック /06現在、 Lanna Resources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Oil and Gas 収益成長3.7%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 updatesNew Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 7.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.6% 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. Profit margins are more than 30% lower than last year (4.4% net profit margin).Reported Earnings • May 11First quarter 2026 earnings released: EPS: ฿0.34 (vs ฿0.46 in 1Q 2025)First quarter 2026 results: EPS: ฿0.34 (down from ฿0.46 in 1Q 2025). Revenue: ฿3.21b (down 18% from 1Q 2025). Net income: ฿176.4m (down 27% from 1Q 2025). Profit margin: 5.5% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Apr 21+ 1 more updateLanna Resources Public Company Limited Appoints Visit Tantisunthorn as Independent DirectorLanna Resources Public Company Limited at its Annual General Meeting of Shareholders for the Year 2026, held on April 20, 2026 approved the appointment of Mr. Visit Tantisunthorn as Independent Director.Upcoming Dividend • Mar 12Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 19 March 2026. Payment date: 18 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 15%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.9%).Declared Dividend • Feb 20Final dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 19th March 2026 Payment date: 18th May 2026 Dividend yield will be 6.5%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio). However, it is well covered by cash flows (48% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years.お知らせ • Feb 18Lanna Resources Public Company Limited, Annual General Meeting, Apr 20, 2026Lanna Resources Public Company Limited, Annual General Meeting, Apr 20, 2026, at 15:00 SE Asia Standard Time. Location: at the grand ballroom, 3rd floor, the okura prestige bangkok hotel, 57 wireless road, lumpini, pathumwan, bangkok ThailandReported Earnings • Feb 18Full year 2025 earnings released: EPS: ฿1.33 (vs ฿3.17 in FY 2024)Full year 2025 results: EPS: ฿1.33 (down from ฿3.17 in FY 2024). Revenue: ฿15.2b (down 27% from FY 2024). Net income: ฿697.6m (down 58% from FY 2024). Profit margin: 4.6% (down from 8.0% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: ฿0.20 (vs ฿0.56 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.20 (down from ฿0.56 in 3Q 2024). Revenue: ฿3.44b (down 24% from 3Q 2024). Net income: ฿102.3m (down 65% from 3Q 2024). Profit margin: 3.0% (down from 6.5% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Declared Dividend • Aug 20First half dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 29th August 2025 Payment date: 17th September 2025 Dividend yield will be 11%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: ฿0.34 (vs ฿0.92 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.34 (down from ฿0.92 in 2Q 2024). Revenue: ฿4.09b (down 32% from 2Q 2024). Net income: ฿176.6m (down 63% from 2Q 2024). Profit margin: 4.3% (down from 8.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% 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.お知らせ • Jul 02Lanna Resources Public Company Limited Appoints Ralph Robert Tye as the Audit Committee Chairman, Effective Date : July 1, 2025Lanna Resources Public Company Limited appointed Ralph Robert Tye as the audit committee chairman. Effective Date: July 1, 2025 . AUDIT COMMITTEE CHAIRMAN: Mr.RALPH ROBERT TYE: 2 Year 3 Month 18 Day . AUDIT COMMITTEE: Mrs.DUANGKAMOL SUCHATO: 2 Year 3 Month 18 Day, AUDIT COMMITTEE: Mr.TANON TANTISUNTHORN: 2 Year 3 Month 18 Day, SECRETARY OF THE AUDIT COMMITTEE: Mrs.Wanna Chomkhomkruad.Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.46 (vs ฿1.11 in 1Q 2024)First quarter 2025 results: EPS: ฿0.46 (down from ฿1.11 in 1Q 2024). Revenue: ฿3.90b (down 33% from 1Q 2024). Net income: ฿240.4m (down 59% from 1Q 2024). Profit margin: 6.2% (down from 10.0% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • Apr 23Lanna Resources Public Company Limited Approves Dividend for the Year 2024, Payable on May 21, 2025Lanna Resources Public Company Limited at its AGM held on April 21, 2025, announced that the appropriation of earnings for the year 2024 has been approved for dividend payment to shareholders at THB 2.30 per share, totaling THB 1,207,499,261.70 in which the Board of Directors had already approved the interim dividend payment to the shareholders on September 20, 2024, at THB 1.10 per share, totaling THB 577,499,646.90; therefore, the remaining dividend payment for shareholders is at THB 1.20 per share, totaling THB 629,999,614.80. The Record Date for the name list of shareholders entitled to receive dividend payment for this period will be on March 18, 2025, and the payment will be paid on May 21, 2025.Declared Dividend • Mar 06Final dividend of ฿1.20 announcedDividend of ฿1.20 is the same as last year. Ex-date: 14th March 2025 Payment date: 19th May 2025 Dividend yield will be 14%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 03+ 1 more updateLanna Resources Public Company Limited, Annual General Meeting, Apr 21, 2025Lanna Resources Public Company Limited, Annual General Meeting, Apr 21, 2025, at 15:00 SE Asia Standard Time. Location: grand ballroom, 3rd floor, the okura prestige bangkok hotel, 57 wireless road, lumpini, pathumwan, bangkok ThailandReported Earnings • Feb 22Full year 2024 earnings released: EPS: ฿3.17 (vs ฿3.98 in FY 2023)Full year 2024 results: EPS: ฿3.17 (down from ฿3.98 in FY 2023). Revenue: ฿20.9b (down 9.0% from FY 2023). Net income: ฿1.66b (down 20% from FY 2023). Profit margin: 8.0% (down from 9.1% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0.56 (vs ฿0.53 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.56 (up from ฿0.53 in 3Q 2023). Revenue: ฿4.51b (down 5.2% from 3Q 2023). Net income: ฿293.1m (up 5.3% from 3Q 2023). Profit margin: 6.5% (up from 5.8% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.Buy Or Sell Opportunity • Sep 06Now 21% undervaluedOver the last 90 days, the stock has risen 9.4% to ฿16.30. The fair value is estimated to be ฿20.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 12%.Declared Dividend • Aug 28First half dividend of ฿1.10 announcedDividend of ฿1.10 is the same as last year. Ex-date: 6th September 2024 Payment date: 20th September 2024 Dividend yield will be 14%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 26Lanna Resources Public Company Limited Announces Dividend for the Operating Period from 01-January-2024 to 30-June-2024, Payable on September 20, 2024Lanna Resources Public Company Limited announced Cash dividend payment (baht per share) THB 1.10 per share for the Operating period from 01-January-2024 to 30-June-2024. Ex-dividend date 06-September-2024, Record date for the right to receive dividends 09-September-2024 and Payment date 20-September-2024.Buy Or Sell Opportunity • Aug 21Now 22% undervaluedOver the last 90 days, the stock has risen 7.3% to ฿16.10. The fair value is estimated to be ฿20.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 12%.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.92 (vs ฿1.22 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.92 (down from ฿1.22 in 2Q 2023). Revenue: ฿5.99b (down 2.6% from 2Q 2023). Net income: ฿481.9m (down 25% from 2Q 2023). Profit margin: 8.0% (down from 10% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿1.11 (vs ฿1.49 in 1Q 2023)First quarter 2024 results: EPS: ฿1.11 (down from ฿1.49 in 1Q 2023). Revenue: ฿5.87b (down 14% from 1Q 2023). Net income: ฿584.0m (down 25% from 1Q 2023). Profit margin: 9.9% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 08Upcoming dividend of ฿1.20 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 17%. Within top quartile of Thai dividend payers (6.1%). Higher than average of industry peers (6.1%).Declared Dividend • Mar 06Final dividend reduced to ฿1.20Dividend of ฿1.20 is 23% lower than last year. Ex-date: 15th March 2024 Payment date: 21st May 2024 Dividend yield will be 15%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 05Lanna Resources Public Company Limited, Annual General Meeting, Apr 22, 2024Lanna Resources Public Company Limited, Annual General Meeting, Apr 22, 2024, at 15:00 SE Asia Standard Time. Location: Grand Ballroom, 3rd floor, the Okura Prestige Bangkok Hotel, 57 Wireless Road, Lumpini, Pathumwan, Bangkok Thailand Agenda: To Adopt and Approve the Minutes of the Annual General Meeting of Shareholders Year 2023; to Acknowledge the Report of the Board of Directors on the Operating Results of Year 2023; to Consider and Approve the Statement of Financial Position and Statements of Earnings for the Year Ended December 31, 2023; to Consider and Approve the Appropriation of Earnings; to Consider the Appointment of Directors Retired by Rotation and Additional Directors; and to consider other matters.お知らせ • Mar 04Lanna Resources Public Company Limited Proposes Dividend for the Year 2023, Payable on May 21, 2024Lanna Resources Public Company Limited announced that at the board meeting held on March 4, 2024 the Board of Directors has resolved to propose to the Annual General Meeting of Shareholders Year 2024 to consider for approval of the appropriation of earnings according to the separate financial statements of year 2023 for dividend payment to the shareholders at THB 2.30 per share (for a registered par value of THB 1 per share), totaling THB 1,207,499,261.70, in which the Board of Directors had already approved for the interim dividend payment to the shareholders on September 20, 2023 at THB 1.10 per share for a total of THB 577,499,646.90, therefore, there will be additional dividend remaining for the shareholders at THB 1.20 per share, totaling THB 629,999,641.80 Regardless, such dividend payment is still uncertain and subject to an approval from the Annual General Meeting of Shareholders Year 2024. The dividend payment to the shareholders at THB 2.30 per share or 80.01% of net profit based on the separate financial statements of year 2023, which is higher than the dividend payment policy established by the Company with higher dividend payment than the previous year of 18.0%. The record date for the name list of shareholders entitled to receive dividend payment for this period will be on March 18, 2024, and the dividend payment will be paid on May 21, 2024.Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿3.98 (vs ฿5.64 in FY 2022)Full year 2023 results: EPS: ฿3.98 (down from ฿5.64 in FY 2022). Revenue: ฿23.0b (down 9.1% from FY 2022). Net income: ฿2.09b (down 30% from FY 2022). Profit margin: 9.1% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.53 (vs ฿1.35 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.53 (down from ฿1.35 in 3Q 2022). Revenue: ฿4.76b (down 32% from 3Q 2022). Net income: ฿278.3m (down 61% from 3Q 2022). Profit margin: 5.8% (down from 10% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 28Upcoming dividend of ฿1.10 per share at 18% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 18%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (6.3%).お知らせ • Aug 22Lanna Resources Public Company Limited Declares Interim Dividend for Operating Period from 01-January-2023 to 30-June-2023, Payable on September 20, 2023Lanna Resources Public Company Limited declared Interim Dividend THB 1.10 for Operating period from 01-January-2023 to 30-June-2023. Payment date is September 20, 2023. Ex-dividend date is September 4, 2023. Record date for the right to receive dividends is September 5, 2023.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿1.22 (vs ฿2.28 in 2Q 2022)Second quarter 2023 results: EPS: ฿1.22 (down from ฿2.28 in 2Q 2022). Revenue: ฿6.15b (down 19% from 2Q 2022). Net income: ฿641.4m (down 47% from 2Q 2022). Profit margin: 10% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 01Lanna Resources Public Company Limited Announces Resignation of Mark Anatol Schmidt as DirectorLanna Resources Public Company Limited announced that Mr. Mark Anatol Schmidt has submitted his resignation letter from the position of Director of Lanna Resources Public Company Limited, effective from May 9, 2023 onwards. Should the Company appoint a director to replace the vacated position, the Company shall subsequently notify on such matter.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿1.49 (vs ฿1.17 in 1Q 2022)First quarter 2023 results: EPS: ฿1.49 (up from ฿1.17 in 1Q 2022). Revenue: ฿6.79b (up 36% from 1Q 2022). Net income: ฿780.7m (up 27% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 13Upcoming dividend of ฿1.55 per share at 19% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 23 May 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 19%. Within top quartile of Thai dividend payers (5.8%). Higher than average of industry peers (7.0%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿1.35 (vs ฿1.30 in 3Q 2021)Third quarter 2022 results: EPS: ฿1.35 (up from ฿1.30 in 3Q 2021). Revenue: ฿6.97b (up 46% from 3Q 2021). Net income: ฿710.9m (up 4.6% from 3Q 2021). Profit margin: 10% (down from 14% 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 82% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Ralph Tye was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 26Upcoming dividend of ฿1.45 per shareEligible shareholders must have bought the stock before 02 September 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (4.9%).お知らせ • Aug 23Lanna Resources Public Company Limited Announces Interim Cash Dividend for the Period from 01 January 2022 to 30 June 2022, Payable on 20 September 2022Lanna Resources Public Company Limited announced interim cash dividend of THB 1.45 per share for the period from 01 January 2022 to 30 June 2022. Scheduled dates are as follows: Ex-dividend date 02 September 2022, Record date 05 September 2022 and Payment date 20 September 2022.Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿2.28 (vs ฿0.61 in 2Q 2021)Second quarter 2022 results: EPS: ฿2.28 (up from ฿0.61 in 2Q 2021). Revenue: ฿7.61b (up 117% from 2Q 2021). Net income: ฿1.20b (up 271% from 2Q 2021). Profit margin: 16% (up from 9.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ฿1.17 (up from ฿0.46 in 1Q 2021). Revenue: ฿5.01b (up 65% from 1Q 2021). Net income: ฿615.1m (up 154% from 1Q 2021). Profit margin: 12% (up from 8.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Ralph Tye was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 19Lanna Resources Public Company Limited Approves Dividend for the Year 2021, Payable on May 17, 2022Lanna Resources Public Company Limited at its annual general meeting held on April 18, 2022 approved The appropriation of earnings for year 2021 has been approved for dividend payment to the shareholders at THB 1.60 per share, totaling THB 839,999,486.40, in which the interim dividend payment had already been approved by the Board of Directors and paid to the shareholders on November 16, 2021 at THB 0.60 per share, totaling THB 314,999,807.40. Therefore, there will be additional dividend payment to the shareholders at THB 1.00 per share, totaling THB 524,999,679. The Record Date for the name list of shareholders entitled to receive dividend payment for this period has been set for March 21, 2022, and the payment will be paid on May 17, 2022.Upcoming Dividend • Mar 11Upcoming dividend of ฿1.60 per shareEligible shareholders must have bought the stock before 18 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Thai dividend payers (5.2%). In line with average of industry peers (4.7%).お知らせ • Mar 10Lanna Resources Public Company Limited Proposes Interim Dividend of Year 2021, Payable on May 17, 2022The resolutions of the Board of Directors' Meeting No. 1/2022 dated March 7, 2022 of Lanna Resources Public Co. Ltd., the Board of Directors has resolved to propose to the Annual General Meeting of Shareholders Year 2022 to consider for approval of the appropriation of earnings according to the separate financial statements of year 2021 for dividend payment to the shareholders at THB 1.60 per share (from a registered par value of THB 1 per share), totaling THB 839,999,486.40, in which the Board of Directors had already approved for the interim dividend payment to the shareholders on November 16, 2021 at THB 0.60 per share for a total of THB 314,999,807.40, therefore, there will be additional dividend remaining for the shareholders at THB 1.00 per share, totaling THB 524,999,679. Regardless, such dividend payment is subject to an approval from the Annual General Meeting of Shareholders Year 2022. The dividend payment to the shareholders at THB 1.60 per share or 71.62% of net profit based on the separate financial statements of year 2021, which is higher than the dividend payment policy established by the Company with higher dividend payment than the previous year of THB 1.15 per share but lower than the dividend payment ratio of the previous year by 11.51% The record date for the name list of shareholders entitled to receive dividend payment for this period will be on March 21, 2022, and the dividend payment will be paid on May 17, 2022.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 26% share price gain to ฿23.50, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 11x in the Oil and Gas industry in Thailand. Total returns to shareholders of 146% over the past three years.Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿3.00 (up from ฿0.55 in FY 2020). Revenue: ฿15.8b (up 66% from FY 2020). Net income: ฿1.58b (up 449% from FY 2020). Profit margin: 9.9% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿1.30 (vs ฿0.013 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿4.76b (up 137% from 3Q 2020). Net income: ฿679.9m (up ฿673.3m from 3Q 2020). Profit margin: 14% (up from 0.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ฿20.20, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 13x in the Oil and Gas industry in Thailand. Total returns to shareholders of 73% over the past three years.Upcoming Dividend • Oct 22Upcoming dividend of ฿0.60 per shareEligible shareholders must have bought the stock before 29 October 2021. Payment date: 16 November 2021. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (4.7%). Lower than average of industry peers (4.3%).Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿27.25, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 15x in the Oil and Gas industry in Thailand. Total returns to shareholders of 111% over the past three years.Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿20.50, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 14x in the Oil and Gas industry in Thailand. Total returns to shareholders of 62% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.62 (vs ฿0.064 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿3.51b (up 79% from 2Q 2020). Net income: ฿322.6m (up ฿288.8m from 2Q 2020). Profit margin: 9.2% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿18.50, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 16x in the Oil and Gas industry in Thailand. Total returns to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿13.60, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 17x in the Oil and Gas industry in Thailand. Total returns to shareholders of 2.2% over the past three years.Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿11.00, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 16x in the Oil and Gas industry in Thailand. Total loss to shareholders of 16% over the past three years.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.46 (vs ฿0.35 in 1Q 2020)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿3.04b (flat on 1Q 2020). Net income: ฿242.6m (up 32% from 1Q 2020). Profit margin: 8.0% (up from 6.1% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Executive Departure • May 05Independent Director has left the companyOn the 1st of May, Akasit Jirayuwanon's tenure as Independent Director ended after 8.0 years in the role. We don't have any record of a personal shareholding under Akasit's name. A total of 3 executives have left over the last 12 months.Executive Departure • Apr 24Chairman of the Board Somkiart Limsong has left the companyOn the 20th of April, Somkiart Limsong's tenure as Chairman of the Board ended after 35.6 years in the role. As of December 2020, Somkiart personally held 33.36m shares (฿257m worth at the time). A total of 2 executives have left over the last 12 months.Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.56 (vs ฿0.80 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿9.57b (up 3.1% from FY 2019). Net income: ฿292.6m (down 30% from FY 2019). Profit margin: 3.1% (down from 4.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.お知らせ • Mar 03Lanna Resources Public Company Limited Announces Board ChangesThe resolutions of the Board of Directors' Meeting dated March 1, 2021 of Lanna Resources Public Co. Ltd. approved the appointment of Mr. Mark Anatol Schmidt as the director in replacement of Mr. Suroj Subhasavasdikul, the deceased director, effective from March 2, 2021 onwards, and shall retain the directorship position only for the remaining tenure of Mr. Suroj Subhasavasdikul.お知らせ • Mar 02Lanna Resources Public Company Limited, Annual General Meeting, Apr 19, 2021Lanna Resources Public Company Limited, Annual General Meeting, Apr 19, 2021, at 15:00 SE Asia Standard Time. Location: Grand Hall Room, 2nd Floor, the Athenee Hotel Bangkok - A Luxury Collection Hote 61 Wireless Road, Lumpini, Pathumwan Bangkok Thailand Agenda: To approve the financial statements for the year ended December 31, 2020; to Consider and Approve the Appropriation of Earnings; to Consider the Appointment of Directors Retired by Rotation; to Consider the Directors' Remuneration; to Consider the Appointment of the Auditor and Determination of Audit Fees; and to consider Other Matters (if any).Is New 90 Day High Low • Dec 16New 90-day high: ฿8.20The company is up 41% from its price of ฿5.80 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 23% over the same period.Is New 90 Day High Low • Nov 20New 90-day high: ฿6.65The company is up 2.0% from its price of ฿6.50 on 21 August 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 6.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.012The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿2.02b (down 14% from 3Q 2019). Net income: ฿6.51m (down 94% from 3Q 2019). Profit margin: 0.3% (down from 4.5% in 3Q 2019). The decrease in margin was driven by lower revenue. 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 29% per year. 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、Lanna Resources 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:LANNA - 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3/31/202614,4966342,0592,114N/A12/31/202515,1886982,5092,562N/A9/30/202515,9788242,1152,231N/A6/30/202517,0451,0152,5802,696N/A3/31/202518,9301,3213,3143,468N/A12/31/202420,8871,6643,9404,159N/A9/30/202421,6061,7474,1424,342N/A6/30/202421,8551,7324,1734,442N/A3/31/202422,0271,8914,0184,307N/A12/31/202322,9582,0883,4163,753N/A9/30/202323,3802,1404,2334,558N/A6/30/202325,6002,5744,9255,283N/A3/31/202327,0713,1315,8506,194N/A12/31/202225,2952,9665,2305,530N/A9/30/202224,1412,8565,2655,547N/A6/30/202221,9262,8234,9665,175N/A3/31/202217,8181,9483,2493,437N/A12/31/202115,8401,5753,4813,624N/A9/30/202113,8911,3132,4542,601N/A6/30/202111,1396401,8302,035N/A3/31/20219,5903511,5991,802N/A12/31/20209,5692871,9512,218N/A9/30/20208,9182611,0091,359N/A6/30/20209,2503606911,092N/A3/31/20209,5514327211,293N/A12/31/20199,323421N/A1,122N/A9/30/201910,326354N/A1,607N/A6/30/201911,136394N/A1,880N/A3/31/201912,253510N/A1,704N/A12/31/201812,535601N/A1,071N/A9/30/201812,861716N/A1,248N/A6/30/201812,844821N/A1,637N/A3/31/201812,369760N/A1,827N/A12/31/201712,080643N/A2,616N/A9/30/201710,703564N/A2,053N/A6/30/20179,672389N/A1,466N/A3/31/20179,021277N/A1,145N/A12/31/20168,778271N/A1,019N/A9/30/20169,432344N/A1,442N/A6/30/20169,469303N/A1,508N/A3/31/20169,799324N/A1,575N/A12/31/201510,150310N/A1,695N/A9/30/201510,372287N/A1,289N/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: LANNA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: LANNA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: LANNA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: LANNA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: LANNA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: LANNA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7D1Y7D1Y7D1YEnergy 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2026/07/13 12:11終値2026/07/13 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Lanna Resources 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。5 アナリスト機関Nalinrat KittikumpolratAsia Plus Securities Company LimitedNaphat ChantaraserekulMaybank Research Pte. Ltd.Nicky WongPhillip Securities (HK)2 その他のアナリストを表示
New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 7.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.6% 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. Profit margins are more than 30% lower than last year (4.4% net profit margin).
Reported Earnings • May 11First quarter 2026 earnings released: EPS: ฿0.34 (vs ฿0.46 in 1Q 2025)First quarter 2026 results: EPS: ฿0.34 (down from ฿0.46 in 1Q 2025). Revenue: ฿3.21b (down 18% from 1Q 2025). Net income: ฿176.4m (down 27% from 1Q 2025). Profit margin: 5.5% (down from 6.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 21+ 1 more updateLanna Resources Public Company Limited Appoints Visit Tantisunthorn as Independent DirectorLanna Resources Public Company Limited at its Annual General Meeting of Shareholders for the Year 2026, held on April 20, 2026 approved the appointment of Mr. Visit Tantisunthorn as Independent Director.
Upcoming Dividend • Mar 12Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 19 March 2026. Payment date: 18 May 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 15%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.9%).
Declared Dividend • Feb 20Final dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 19th March 2026 Payment date: 18th May 2026 Dividend yield will be 6.5%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio). However, it is well covered by cash flows (48% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control, which is similar to the EPS growth achieved over the last 5 years.
お知らせ • Feb 18Lanna Resources Public Company Limited, Annual General Meeting, Apr 20, 2026Lanna Resources Public Company Limited, Annual General Meeting, Apr 20, 2026, at 15:00 SE Asia Standard Time. Location: at the grand ballroom, 3rd floor, the okura prestige bangkok hotel, 57 wireless road, lumpini, pathumwan, bangkok Thailand
Reported Earnings • Feb 18Full year 2025 earnings released: EPS: ฿1.33 (vs ฿3.17 in FY 2024)Full year 2025 results: EPS: ฿1.33 (down from ฿3.17 in FY 2024). Revenue: ฿15.2b (down 27% from FY 2024). Net income: ฿697.6m (down 58% from FY 2024). Profit margin: 4.6% (down from 8.0% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: ฿0.20 (vs ฿0.56 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.20 (down from ฿0.56 in 3Q 2024). Revenue: ฿3.44b (down 24% from 3Q 2024). Net income: ฿102.3m (down 65% from 3Q 2024). Profit margin: 3.0% (down from 6.5% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Declared Dividend • Aug 20First half dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 29th August 2025 Payment date: 17th September 2025 Dividend yield will be 11%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: ฿0.34 (vs ฿0.92 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.34 (down from ฿0.92 in 2Q 2024). Revenue: ฿4.09b (down 32% from 2Q 2024). Net income: ฿176.6m (down 63% from 2Q 2024). Profit margin: 4.3% (down from 8.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% 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.
お知らせ • Jul 02Lanna Resources Public Company Limited Appoints Ralph Robert Tye as the Audit Committee Chairman, Effective Date : July 1, 2025Lanna Resources Public Company Limited appointed Ralph Robert Tye as the audit committee chairman. Effective Date: July 1, 2025 . AUDIT COMMITTEE CHAIRMAN: Mr.RALPH ROBERT TYE: 2 Year 3 Month 18 Day . AUDIT COMMITTEE: Mrs.DUANGKAMOL SUCHATO: 2 Year 3 Month 18 Day, AUDIT COMMITTEE: Mr.TANON TANTISUNTHORN: 2 Year 3 Month 18 Day, SECRETARY OF THE AUDIT COMMITTEE: Mrs.Wanna Chomkhomkruad.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.46 (vs ฿1.11 in 1Q 2024)First quarter 2025 results: EPS: ฿0.46 (down from ฿1.11 in 1Q 2024). Revenue: ฿3.90b (down 33% from 1Q 2024). Net income: ฿240.4m (down 59% from 1Q 2024). Profit margin: 6.2% (down from 10.0% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 23Lanna Resources Public Company Limited Approves Dividend for the Year 2024, Payable on May 21, 2025Lanna Resources Public Company Limited at its AGM held on April 21, 2025, announced that the appropriation of earnings for the year 2024 has been approved for dividend payment to shareholders at THB 2.30 per share, totaling THB 1,207,499,261.70 in which the Board of Directors had already approved the interim dividend payment to the shareholders on September 20, 2024, at THB 1.10 per share, totaling THB 577,499,646.90; therefore, the remaining dividend payment for shareholders is at THB 1.20 per share, totaling THB 629,999,614.80. The Record Date for the name list of shareholders entitled to receive dividend payment for this period will be on March 18, 2025, and the payment will be paid on May 21, 2025.
Declared Dividend • Mar 06Final dividend of ฿1.20 announcedDividend of ฿1.20 is the same as last year. Ex-date: 14th March 2025 Payment date: 19th May 2025 Dividend yield will be 14%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 03+ 1 more updateLanna Resources Public Company Limited, Annual General Meeting, Apr 21, 2025Lanna Resources Public Company Limited, Annual General Meeting, Apr 21, 2025, at 15:00 SE Asia Standard Time. Location: grand ballroom, 3rd floor, the okura prestige bangkok hotel, 57 wireless road, lumpini, pathumwan, bangkok Thailand
Reported Earnings • Feb 22Full year 2024 earnings released: EPS: ฿3.17 (vs ฿3.98 in FY 2023)Full year 2024 results: EPS: ฿3.17 (down from ฿3.98 in FY 2023). Revenue: ฿20.9b (down 9.0% from FY 2023). Net income: ฿1.66b (down 20% from FY 2023). Profit margin: 8.0% (down from 9.1% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0.56 (vs ฿0.53 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.56 (up from ฿0.53 in 3Q 2023). Revenue: ฿4.51b (down 5.2% from 3Q 2023). Net income: ฿293.1m (up 5.3% from 3Q 2023). Profit margin: 6.5% (up from 5.8% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.
Buy Or Sell Opportunity • Sep 06Now 21% undervaluedOver the last 90 days, the stock has risen 9.4% to ฿16.30. The fair value is estimated to be ฿20.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 12%.
Declared Dividend • Aug 28First half dividend of ฿1.10 announcedDividend of ฿1.10 is the same as last year. Ex-date: 6th September 2024 Payment date: 20th September 2024 Dividend yield will be 14%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 26Lanna Resources Public Company Limited Announces Dividend for the Operating Period from 01-January-2024 to 30-June-2024, Payable on September 20, 2024Lanna Resources Public Company Limited announced Cash dividend payment (baht per share) THB 1.10 per share for the Operating period from 01-January-2024 to 30-June-2024. Ex-dividend date 06-September-2024, Record date for the right to receive dividends 09-September-2024 and Payment date 20-September-2024.
Buy Or Sell Opportunity • Aug 21Now 22% undervaluedOver the last 90 days, the stock has risen 7.3% to ฿16.10. The fair value is estimated to be ฿20.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 12%.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.92 (vs ฿1.22 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.92 (down from ฿1.22 in 2Q 2023). Revenue: ฿5.99b (down 2.6% from 2Q 2023). Net income: ฿481.9m (down 25% from 2Q 2023). Profit margin: 8.0% (down from 10% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿1.11 (vs ฿1.49 in 1Q 2023)First quarter 2024 results: EPS: ฿1.11 (down from ฿1.49 in 1Q 2023). Revenue: ฿5.87b (down 14% from 1Q 2023). Net income: ฿584.0m (down 25% from 1Q 2023). Profit margin: 9.9% (down from 12% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 08Upcoming dividend of ฿1.20 per shareEligible shareholders must have bought the stock before 15 March 2024. Payment date: 21 May 2024. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 17%. Within top quartile of Thai dividend payers (6.1%). Higher than average of industry peers (6.1%).
Declared Dividend • Mar 06Final dividend reduced to ฿1.20Dividend of ฿1.20 is 23% lower than last year. Ex-date: 15th March 2024 Payment date: 21st May 2024 Dividend yield will be 15%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (41% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 28% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 05Lanna Resources Public Company Limited, Annual General Meeting, Apr 22, 2024Lanna Resources Public Company Limited, Annual General Meeting, Apr 22, 2024, at 15:00 SE Asia Standard Time. Location: Grand Ballroom, 3rd floor, the Okura Prestige Bangkok Hotel, 57 Wireless Road, Lumpini, Pathumwan, Bangkok Thailand Agenda: To Adopt and Approve the Minutes of the Annual General Meeting of Shareholders Year 2023; to Acknowledge the Report of the Board of Directors on the Operating Results of Year 2023; to Consider and Approve the Statement of Financial Position and Statements of Earnings for the Year Ended December 31, 2023; to Consider and Approve the Appropriation of Earnings; to Consider the Appointment of Directors Retired by Rotation and Additional Directors; and to consider other matters.
お知らせ • Mar 04Lanna Resources Public Company Limited Proposes Dividend for the Year 2023, Payable on May 21, 2024Lanna Resources Public Company Limited announced that at the board meeting held on March 4, 2024 the Board of Directors has resolved to propose to the Annual General Meeting of Shareholders Year 2024 to consider for approval of the appropriation of earnings according to the separate financial statements of year 2023 for dividend payment to the shareholders at THB 2.30 per share (for a registered par value of THB 1 per share), totaling THB 1,207,499,261.70, in which the Board of Directors had already approved for the interim dividend payment to the shareholders on September 20, 2023 at THB 1.10 per share for a total of THB 577,499,646.90, therefore, there will be additional dividend remaining for the shareholders at THB 1.20 per share, totaling THB 629,999,641.80 Regardless, such dividend payment is still uncertain and subject to an approval from the Annual General Meeting of Shareholders Year 2024. The dividend payment to the shareholders at THB 2.30 per share or 80.01% of net profit based on the separate financial statements of year 2023, which is higher than the dividend payment policy established by the Company with higher dividend payment than the previous year of 18.0%. The record date for the name list of shareholders entitled to receive dividend payment for this period will be on March 18, 2024, and the dividend payment will be paid on May 21, 2024.
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿3.98 (vs ฿5.64 in FY 2022)Full year 2023 results: EPS: ฿3.98 (down from ฿5.64 in FY 2022). Revenue: ฿23.0b (down 9.1% from FY 2022). Net income: ฿2.09b (down 30% from FY 2022). Profit margin: 9.1% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.53 (vs ฿1.35 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.53 (down from ฿1.35 in 3Q 2022). Revenue: ฿4.76b (down 32% from 3Q 2022). Net income: ฿278.3m (down 61% from 3Q 2022). Profit margin: 5.8% (down from 10% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 28Upcoming dividend of ฿1.10 per share at 18% yieldEligible shareholders must have bought the stock before 04 September 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 18%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (6.3%).
お知らせ • Aug 22Lanna Resources Public Company Limited Declares Interim Dividend for Operating Period from 01-January-2023 to 30-June-2023, Payable on September 20, 2023Lanna Resources Public Company Limited declared Interim Dividend THB 1.10 for Operating period from 01-January-2023 to 30-June-2023. Payment date is September 20, 2023. Ex-dividend date is September 4, 2023. Record date for the right to receive dividends is September 5, 2023.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿1.22 (vs ฿2.28 in 2Q 2022)Second quarter 2023 results: EPS: ฿1.22 (down from ฿2.28 in 2Q 2022). Revenue: ฿6.15b (down 19% from 2Q 2022). Net income: ฿641.4m (down 47% from 2Q 2022). Profit margin: 10% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 01Lanna Resources Public Company Limited Announces Resignation of Mark Anatol Schmidt as DirectorLanna Resources Public Company Limited announced that Mr. Mark Anatol Schmidt has submitted his resignation letter from the position of Director of Lanna Resources Public Company Limited, effective from May 9, 2023 onwards. Should the Company appoint a director to replace the vacated position, the Company shall subsequently notify on such matter.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿1.49 (vs ฿1.17 in 1Q 2022)First quarter 2023 results: EPS: ฿1.49 (up from ฿1.17 in 1Q 2022). Revenue: ฿6.79b (up 36% from 1Q 2022). Net income: ฿780.7m (up 27% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 13Upcoming dividend of ฿1.55 per share at 19% yieldEligible shareholders must have bought the stock before 20 March 2023. Payment date: 23 May 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 19%. Within top quartile of Thai dividend payers (5.8%). Higher than average of industry peers (7.0%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿1.35 (vs ฿1.30 in 3Q 2021)Third quarter 2022 results: EPS: ฿1.35 (up from ฿1.30 in 3Q 2021). Revenue: ฿6.97b (up 46% from 3Q 2021). Net income: ฿710.9m (up 4.6% from 3Q 2021). Profit margin: 10% (down from 14% 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 82% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Ralph Tye was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 26Upcoming dividend of ฿1.45 per shareEligible shareholders must have bought the stock before 02 September 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 46% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (4.9%).
お知らせ • Aug 23Lanna Resources Public Company Limited Announces Interim Cash Dividend for the Period from 01 January 2022 to 30 June 2022, Payable on 20 September 2022Lanna Resources Public Company Limited announced interim cash dividend of THB 1.45 per share for the period from 01 January 2022 to 30 June 2022. Scheduled dates are as follows: Ex-dividend date 02 September 2022, Record date 05 September 2022 and Payment date 20 September 2022.
Reported Earnings • Aug 17Second quarter 2022 earnings released: EPS: ฿2.28 (vs ฿0.61 in 2Q 2021)Second quarter 2022 results: EPS: ฿2.28 (up from ฿0.61 in 2Q 2021). Revenue: ฿7.61b (up 117% from 2Q 2021). Net income: ฿1.20b (up 271% from 2Q 2021). Profit margin: 16% (up from 9.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ฿1.17 (up from ฿0.46 in 1Q 2021). Revenue: ฿5.01b (up 65% from 1Q 2021). Net income: ฿615.1m (up 154% from 1Q 2021). Profit margin: 12% (up from 8.0% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Ralph Tye was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 19Lanna Resources Public Company Limited Approves Dividend for the Year 2021, Payable on May 17, 2022Lanna Resources Public Company Limited at its annual general meeting held on April 18, 2022 approved The appropriation of earnings for year 2021 has been approved for dividend payment to the shareholders at THB 1.60 per share, totaling THB 839,999,486.40, in which the interim dividend payment had already been approved by the Board of Directors and paid to the shareholders on November 16, 2021 at THB 0.60 per share, totaling THB 314,999,807.40. Therefore, there will be additional dividend payment to the shareholders at THB 1.00 per share, totaling THB 524,999,679. The Record Date for the name list of shareholders entitled to receive dividend payment for this period has been set for March 21, 2022, and the payment will be paid on May 17, 2022.
Upcoming Dividend • Mar 11Upcoming dividend of ฿1.60 per shareEligible shareholders must have bought the stock before 18 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of Thai dividend payers (5.2%). In line with average of industry peers (4.7%).
お知らせ • Mar 10Lanna Resources Public Company Limited Proposes Interim Dividend of Year 2021, Payable on May 17, 2022The resolutions of the Board of Directors' Meeting No. 1/2022 dated March 7, 2022 of Lanna Resources Public Co. Ltd., the Board of Directors has resolved to propose to the Annual General Meeting of Shareholders Year 2022 to consider for approval of the appropriation of earnings according to the separate financial statements of year 2021 for dividend payment to the shareholders at THB 1.60 per share (from a registered par value of THB 1 per share), totaling THB 839,999,486.40, in which the Board of Directors had already approved for the interim dividend payment to the shareholders on November 16, 2021 at THB 0.60 per share for a total of THB 314,999,807.40, therefore, there will be additional dividend remaining for the shareholders at THB 1.00 per share, totaling THB 524,999,679. Regardless, such dividend payment is subject to an approval from the Annual General Meeting of Shareholders Year 2022. The dividend payment to the shareholders at THB 1.60 per share or 71.62% of net profit based on the separate financial statements of year 2021, which is higher than the dividend payment policy established by the Company with higher dividend payment than the previous year of THB 1.15 per share but lower than the dividend payment ratio of the previous year by 11.51% The record date for the name list of shareholders entitled to receive dividend payment for this period will be on March 21, 2022, and the dividend payment will be paid on May 17, 2022.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 26% share price gain to ฿23.50, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 11x in the Oil and Gas industry in Thailand. Total returns to shareholders of 146% over the past three years.
Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿3.00 (up from ฿0.55 in FY 2020). Revenue: ฿15.8b (up 66% from FY 2020). Net income: ฿1.58b (up 449% from FY 2020). Profit margin: 9.9% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 31%. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS ฿1.30 (vs ฿0.013 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿4.76b (up 137% from 3Q 2020). Net income: ฿679.9m (up ฿673.3m from 3Q 2020). Profit margin: 14% (up from 0.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ฿20.20, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 13x in the Oil and Gas industry in Thailand. Total returns to shareholders of 73% over the past three years.
Upcoming Dividend • Oct 22Upcoming dividend of ฿0.60 per shareEligible shareholders must have bought the stock before 29 October 2021. Payment date: 16 November 2021. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (4.7%). Lower than average of industry peers (4.3%).
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿27.25, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 15x in the Oil and Gas industry in Thailand. Total returns to shareholders of 111% over the past three years.
Valuation Update With 7 Day Price Move • Sep 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿20.50, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 14x in the Oil and Gas industry in Thailand. Total returns to shareholders of 62% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.62 (vs ฿0.064 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿3.51b (up 79% from 2Q 2020). Net income: ฿322.6m (up ฿288.8m from 2Q 2020). Profit margin: 9.2% (up from 1.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿18.50, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 16x in the Oil and Gas industry in Thailand. Total returns to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿13.60, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 17x in the Oil and Gas industry in Thailand. Total returns to shareholders of 2.2% over the past three years.
Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿11.00, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 16x in the Oil and Gas industry in Thailand. Total loss to shareholders of 16% over the past three years.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.46 (vs ฿0.35 in 1Q 2020)The company reported a solid first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿3.04b (flat on 1Q 2020). Net income: ฿242.6m (up 32% from 1Q 2020). Profit margin: 8.0% (up from 6.1% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Executive Departure • May 05Independent Director has left the companyOn the 1st of May, Akasit Jirayuwanon's tenure as Independent Director ended after 8.0 years in the role. We don't have any record of a personal shareholding under Akasit's name. A total of 3 executives have left over the last 12 months.
Executive Departure • Apr 24Chairman of the Board Somkiart Limsong has left the companyOn the 20th of April, Somkiart Limsong's tenure as Chairman of the Board ended after 35.6 years in the role. As of December 2020, Somkiart personally held 33.36m shares (฿257m worth at the time). A total of 2 executives have left over the last 12 months.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.56 (vs ฿0.80 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿9.57b (up 3.1% from FY 2019). Net income: ฿292.6m (down 30% from FY 2019). Profit margin: 3.1% (down from 4.5% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 03Lanna Resources Public Company Limited Announces Board ChangesThe resolutions of the Board of Directors' Meeting dated March 1, 2021 of Lanna Resources Public Co. Ltd. approved the appointment of Mr. Mark Anatol Schmidt as the director in replacement of Mr. Suroj Subhasavasdikul, the deceased director, effective from March 2, 2021 onwards, and shall retain the directorship position only for the remaining tenure of Mr. Suroj Subhasavasdikul.
お知らせ • Mar 02Lanna Resources Public Company Limited, Annual General Meeting, Apr 19, 2021Lanna Resources Public Company Limited, Annual General Meeting, Apr 19, 2021, at 15:00 SE Asia Standard Time. Location: Grand Hall Room, 2nd Floor, the Athenee Hotel Bangkok - A Luxury Collection Hote 61 Wireless Road, Lumpini, Pathumwan Bangkok Thailand Agenda: To approve the financial statements for the year ended December 31, 2020; to Consider and Approve the Appropriation of Earnings; to Consider the Appointment of Directors Retired by Rotation; to Consider the Directors' Remuneration; to Consider the Appointment of the Auditor and Determination of Audit Fees; and to consider Other Matters (if any).
Is New 90 Day High Low • Dec 16New 90-day high: ฿8.20The company is up 41% from its price of ฿5.80 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 23% over the same period.
Is New 90 Day High Low • Nov 20New 90-day high: ฿6.65The company is up 2.0% from its price of ฿6.50 on 21 August 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 6.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.012The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿2.02b (down 14% from 3Q 2019). Net income: ฿6.51m (down 94% from 3Q 2019). Profit margin: 0.3% (down from 4.5% in 3Q 2019). The decrease in margin was driven by lower revenue. 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 29% per year.