View Future GrowthDcon Products 過去の業績過去 基準チェック /16Dcon Productsの収益は年間平均-14.1%の割合で減少していますが、 Basic Materials業界の収益は年間 増加しています。収益は年間6.1% 2.1%割合で 増加しています。 Dcon Productsの自己資本利益率は0.2%であり、純利益率は0.9%です。主要情報-14.08%収益成長率-16.30%EPS成長率Basic Materials 業界の成長5.57%収益成長率2.14%株主資本利益率0.20%ネット・マージン0.92%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.002 (vs ฿0.011 in FY 2024)Full year 2025 results: EPS: ฿0.002 (down from ฿0.011 in FY 2024). Revenue: ฿905.8m (down 17% from FY 2024). Net income: ฿8.29m (down 86% from FY 2024). Profit margin: 0.9% (down from 5.4% 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 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 12Third quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0 in 3Q 2024)Third quarter 2025 results: ฿0.001 loss per share (further deteriorated from ฿0 in 3Q 2024). Revenue: ฿214.8m (down 18% from 3Q 2024). Net loss: ฿3.03m (loss widened 228% from 3Q 2024). 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 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.001 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (in line with 2Q 2024). Revenue: ฿234.1m (down 10% from 2Q 2024). Net income: ฿2.72m (down 35% from 2Q 2024). Profit margin: 1.2% (down from 1.6% 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 31% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • May 16First quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0.007 profit in 1Q 2024)First quarter 2025 results: ฿0.001 loss per share (down from ฿0.007 profit in 1Q 2024). Revenue: ฿248.9m (down 21% from 1Q 2024). Net loss: ฿7.18m (down 120% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.Reported Earnings • Feb 27Full year 2024 earnings released: EPS: ฿0.011 (vs ฿0.04 in FY 2023)Full year 2024 results: EPS: ฿0.011 (down from ฿0.04 in FY 2023). Revenue: ฿1.09b (down 24% from FY 2023). Net income: ฿59.2m (down 72% from FY 2023). Profit margin: 5.4% (down from 15% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0 (vs ฿0.009 in 3Q 2023)Third quarter 2024 results: EPS: ฿0 (down from ฿0.009 in 3Q 2023). Revenue: ฿260.6m (down 28% from 3Q 2023). Net loss: ฿924.3k (down 102% from profit in 3Q 2023). 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 17% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesBoard Change • May 01Insufficient new 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. 4 highly experienced directors. Independent Vice Chairman of the Board Surachai Tansitpong was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.002 (vs ฿0.011 in FY 2024)Full year 2025 results: EPS: ฿0.002 (down from ฿0.011 in FY 2024). Revenue: ฿905.8m (down 17% from FY 2024). Net income: ฿8.29m (down 86% from FY 2024). Profit margin: 0.9% (down from 5.4% 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 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Declared Dividend • Feb 28Dividend of ฿0.0027 announcedDividend of ฿0.0027 is the same as last year. Ex-date: 11th March 2026 Payment date: 20th May 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.3%. Payout Ratios Payout ratio: 115%. Cash payout ratio: 191%.お知らせ • Feb 26Dcon Products Public Company Limited Proposes Dividend Payment for the Year Ended 31 December 2025, Payable on 20 May 2026The Board of Directors of Dcon Products Public Company Limited resolved to propose to the Annual General Meeting of Shareholders to be held on 28 April 2026, for consideration and approval the payment of dividends at the same rate as that paid for the year 2024, being THB 0.00275 per share (0.275 Satang per share). The proposed dividend shall be paid from the consolidated net profit for the year 2025 in the amount of THB 8,291,187.87 and from retained earnings in the amount of THB 6,521,248.22. As of 31 December 2025, the Company had unappropriated retained earnings totaling THB 641.611 million. The total dividend payment shall amount to THB 14,812,436.09, representing 179% of the consolidated net profit for the year 2025. The Record Date for determining the shareholders entitled to receive the dividend shall be 12 March 2026, and the dividend payment date is scheduled for 20 May 2026.お知らせ • Feb 25Dcon Products Public Company Limited, Annual General Meeting, Apr 28, 2026Dcon Products Public Company Limited, Annual General Meeting, Apr 28, 2026, at 14:00 SE Asia Standard Time. Location: physical meeting, the company`s meeting room, 18th floor, building b, elephant building, phaholyothin road, chomphon subdistrict, chatuchak district, bangkok 10900, ThailandReported Earnings • Nov 12Third quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0 in 3Q 2024)Third quarter 2025 results: ฿0.001 loss per share (further deteriorated from ฿0 in 3Q 2024). Revenue: ฿214.8m (down 18% from 3Q 2024). Net loss: ฿3.03m (loss widened 228% from 3Q 2024). 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 15% per year, which means it has not declined as severely as earnings.New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (฿1.29b market cap, or US$39.9m).Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.001 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (in line with 2Q 2024). Revenue: ฿234.1m (down 10% from 2Q 2024). Net income: ฿2.72m (down 35% from 2Q 2024). Profit margin: 1.2% (down from 1.6% 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 31% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (฿1.24b market cap, or US$38.0m).Board Change • May 20Less 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. 5 non-independent directors. Independent Director Surachai Tansitpong was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 16First quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0.007 profit in 1Q 2024)First quarter 2025 results: ฿0.001 loss per share (down from ฿0.007 profit in 1Q 2024). Revenue: ฿248.9m (down 21% from 1Q 2024). Net loss: ฿7.18m (down 120% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.お知らせ • Apr 24Dcon Products Public Company Limited Approves Cash Dividend for the Year 2024, Payable on May 20, 2025The 2025 Annual General Meeting Shareholder of Dcon Products Public Company Limited held on April 22, 2025. Approved the dividend payment for the year of 2024 from the profit for the year 2024 to the shareholders at the rate of THB 0.00275 per share. The total dividend payment is THB 14,812,436.09 Or equal to 25% of the total net profit. By specifying the list of shareholders who are entitled to receive the dividend on March 13, 2025 and fixing the date of dividend payment on May 20, 2025.New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Market cap is less than US$100m (฿1.29b market cap, or US$37.9m).お知らせ • Mar 20Dcon Products Public Company Limited announced a financing transactionDcon Products Public Company Limited announced a private placement that it will issue 846,368,600 Warrants to purchase ordinary shares of the company to receive funding on March 18, 2025.Reported Earnings • Feb 27Full year 2024 earnings released: EPS: ฿0.011 (vs ฿0.04 in FY 2023)Full year 2024 results: EPS: ฿0.011 (down from ฿0.04 in FY 2023). Revenue: ฿1.09b (down 24% from FY 2023). Net income: ฿59.2m (down 72% from FY 2023). Profit margin: 5.4% (down from 15% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Feb 26+ 2 more updatesDcon Products Public Company Limited Announces Retirement of Tortrakul Yomnak as Independent Director, Effective April 22, 2025Dcon Products Public Company Limited announced that at the Annual General Meeting to be held on April 22, 2025, proposed the retirement of Mr. Tortrakul Yomnak as Independent Director. Expire Date is April 22, 2025. Terminate reason is retire from office at the end of the term.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0 (vs ฿0.009 in 3Q 2023)Third quarter 2024 results: EPS: ฿0 (down from ฿0.009 in 3Q 2023). Revenue: ฿260.6m (down 28% from 3Q 2023). Net loss: ฿924.3k (down 102% from profit in 3Q 2023). 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 17% per year, which means it is significantly lagging earnings.New Risk • Sep 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (฿2.05b market cap, or US$62.0m).Buy Or Sell Opportunity • Sep 23Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to ฿0.38. The fair value is estimated to be ฿0.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.001 (vs ฿0.01 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.001 (down from ฿0.01 in 2Q 2023). Revenue: ฿260.3m (down 28% from 2Q 2023). Net income: ฿4.17m (down 92% from 2Q 2023). Profit margin: 1.6% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 13% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.007 (vs ฿0.01 in 1Q 2023)First quarter 2024 results: EPS: ฿0.007 (down from ฿0.01 in 1Q 2023). Revenue: ฿316.1m (down 9.7% from 1Q 2023). Net income: ฿35.6m (down 37% from 1Q 2023). Profit margin: 11% (down from 16% 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 22% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.New Risk • Apr 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (฿2.26b market cap, or US$61.7m).Upcoming Dividend • Mar 06Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 20 May 2024. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (3.3%).お知らせ • Feb 21Dcon Products Public Company Limited (SET:DCON) made an offer to acquire a 15% stake in Prinsiri Public Company Limited (SET:PRIN) for THB 550 millionDcon Products Public Company Limited (SET:DCON) made an offer to acquire a 15% stake in Prinsiri Public Company Limited (SET:PRIN) for THB 550 million on February 19, 2024.お知らせ • Feb 20Dcon Products Public Company Limited, Annual General Meeting, Apr 23, 2024Dcon Products Public Company Limited, Annual General Meeting, Apr 23, 2024, at 14:00 SE Asia Standard Time. Location: Elephant Bldg, Tower B F1.18, Phaholyotin road, Chatuchak Bangkok Thailand Agenda: To consider and approve the minutes of the Annual General Shareholders Meeting 2023; to consider and approve the Board of Directors' report on the Company's performance for the year 2023 ; to consider and approve the financial statements for the year 2023 and the auditor's report; to consider and approve the dividend payment from the operating results of the year 2023; to consider and approve the appoint directors to replace due to retire by rotation; to consider and approve the appointment of the Company's auditor and determine the auditor's remuneration for the accounting period of the year 2024; to consider and approve the payment of directors' remuneration for the year 2023; to consider and approve the criteria for the remuneration and remuneration of directors for the year 2024; and to consider any other business (if any).Reported Earnings • Feb 20Full year 2023 earnings released: EPS: ฿0.04 (vs ฿0.025 in FY 2022)Full year 2023 results: EPS: ฿0.04 (up from ฿0.025 in FY 2022). Revenue: ฿1.43b (up 23% from FY 2022). Net income: ฿214.7m (up 59% from FY 2022). Profit margin: 15% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.お知らせ • Feb 20Dcon Products Public Company Limited Proposes Dividend for the Year 2023, Payable on 20 May 2024Dcon Products Public Company Limited at the Annual General Meeting (AGM) to be held on 23 April 2024 proposed to consider paying dividends from the net profit of the year 2023 which the Company and its subsidiaries have total net profit of THB 214.67 million, equivalent to earnings per share of 3.99 satang per share. As the rate of THB 0.02 per share, the total dividend payable is THB 107,726,807.92 or equal to 50% of total net profit. The list of shareholders who are entitled to receive dividends is recorded date on 14 March 2024 and dividend payment is scheduled on 20 May 2024.New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (฿2.80b market cap, or US$77.6m).Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.009 (vs ฿0.006 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.009 (up from ฿0.006 in 3Q 2022). Revenue: ฿362.3m (up 32% from 3Q 2022). Net income: ฿49.9m (up 65% from 3Q 2022). Profit margin: 14% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.006 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.01 (up from ฿0.006 in 2Q 2022). Revenue: ฿361.1m (up 28% from 2Q 2022). Net income: ฿54.9m (up 84% from 2Q 2022). Profit margin: 15% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.006 in 1Q 2022)First quarter 2023 results: EPS: ฿0.01 (up from ฿0.006 in 1Q 2022). Revenue: ฿350.1m (up 12% from 1Q 2022). Net income: ฿56.2m (up 85% from 1Q 2022). Profit margin: 16% (up from 9.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 17Dcon Products Public Company Limited Appoints Surachai Tansitpong as DirectorThe Board of Director's Meeting of DCON Products Public Company Limited which held on 15th May, 2023 Approved the appointment of Mr. Surachai Tansitpong to be a Director to replace the vacant Director. Effective from May 15th, 2023 onwards.Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.004 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.006 (up from ฿0.004 in 3Q 2021). Revenue: ฿274.6m (up 25% from 3Q 2021). Net income: ฿30.2m (up 37% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Independent Director Pisarn Wattanawongkeeree was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.004 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.006 (up from ฿0.004 in 2Q 2021). Revenue: ฿283.1m (up 16% from 2Q 2021). Net income: ฿29.9m (up 33% from 2Q 2021). Profit margin: 11% (up from 9.1% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.006 (up from ฿0.005 in 1Q 2021). Revenue: ฿313.0m (up 28% from 1Q 2021). Net income: ฿30.4m (up 9.4% from 1Q 2021). Profit margin: 9.7% (down from 11% in 1Q 2021). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Pisarn Wattanawongkeeree was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 22Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 29 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Thai dividend payers (5.2%). Lower than average of industry peers (5.4%).お知らせ • Feb 25Dcon Products Public Company Limited, Annual General Meeting, Apr 27, 2022Dcon Products Public Company Limited, Annual General Meeting, Apr 27, 2022, at 07:00 Coordinated Universal Time. Location: company meeting room, Tower B 18th. Floor Elephant Bldg. Phaholyotin Rd., Chatujak Bangkok Thailand Agenda: To consider the approval of the minutes of the AGM No.1/2564; to Acknowledge the operating result of the company of 2021; to consider the approval of the Financial Statement and the Auditor's Report for the year end as of December 31, 2021; to consider the approval of the dividend payment for the year of 2021; to consider the approval of the appointment the auditors and audit's fee for the Year 2022; and to consider any other matters.お知らせ • Feb 24Dcon Products Public Company Limited Approves Dividend of the Year 2021, Payment on 17 May 2022Dcon Products Public Company Limited announced consideration of annual dividend payment of the year 2021 from earning at the rate THB 0.011 per share at its board meeting held on 23rd. February, 2022. By specifying the list of shareholders who are entitled to receive the dividend on 30 March 2022 and fixing the date of dividend payment on 17 May 2022.Reported Earnings • Feb 24Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.022 (up from ฿0.017 in FY 2020). Revenue: ฿965.4m (up 4.0% from FY 2020). Net income: ฿116.8m (up 26% from FY 2020). Profit margin: 12% (up from 10.0% in FY 2020). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Pisarn Wattanawongkeeree was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.004 in 3Q 2020)The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings improved. Third quarter 2021 results: Revenue: ฿219.4m (down 5.0% from 3Q 2020). Net income: ฿22.1m (up 1.2% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). 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 3% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.002 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿245.1m (up 36% from 2Q 2020). Net income: ฿22.4m (up 97% from 2Q 2020). Profit margin: 9.1% (up from 6.3% 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 21% 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.Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.005 (vs ฿0.004 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿244.5m (down 5.1% from 1Q 2020). Net income: ฿27.8m (up 39% from 1Q 2020). Profit margin: 11% (up from 7.8% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Apr 29Dcon Products Public Company Limited Approves Dividend for the Year 2020, Payable on May 14, 2021Dcon Products Public Company Limited at its ordinary meeting held on 28 April 2021, approved the dividend payment for the year of 2020 from the profit for the year 2020 to the shareholders at the rate of THB 0.008 per share. The total dividend payment is THB 43,090,723.17. Or equal to 46.62% of the total net profit. By specifying the list of shareholders who are entitled to receive the dividend on March 30, 2021 and fixing the date of dividend payment on May 14, 2021.お知らせ • Feb 26+ 1 more updateDcon Products Public Company Limited (SET:DCON) signed an information memorandum to acquire an additional 3.28% minority stake in Prinsiri Public Company Limited (SET:PRIN) from Wittawat Pornkul and Chana Towan for THB 66 million.Dcon Products Public Company Limited (SET:DCON) signed an information memorandum to acquire an additional 3.28% minority stake in Prinsiri Public Company Limited (SET:PRIN) from Wittawat Pornkul and Chana Towan for THB 66 million on February 24, 2021. Under the transaction, DCON will acquire 20 million shares, representing 1.63% stake from Wittawat Pornkul and 20 million shares, representing 1.63% stake from Chana Towan at a price of THB 1.65 per share in cash. Post transaction, DCON, Wittawat Pornkul and Chana Towan will hold 10.08% stake, 3.21% stake and 3.39% stake in PRIN, respectively. DCON will use its cash flow from its operations and/or loans from financial institutions to fund the acquisition. Share Purchase Agreement is expected to be entered by the third quarter of 2021. Transaction is expected to close within March 2021. DCON estimated that the payment will not affect the Company’s liquidity and working capital since the Company will have adequate cash flow from its operations.Is New 90 Day High Low • Feb 25New 90-day high: ฿0.37The company is up 19% from its price of ฿0.31 on 27 November 2020. The Thai market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 1.0% over the same period.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.004The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿231.0m (down 28% from 3Q 2019). Net income: ฿21.8m (down 45% from 3Q 2019). Profit margin: 9.4% (down from 12% 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 but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 03New 90-day low: ฿0.30The company is down 9.0% from its price of ฿0.33 on 05 August 2020. The Thai market is also down 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Basic Materials industry, which is down 12% over the same period.収支内訳Dcon Products の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SET:DCON 収益、費用、利益 ( )THB Millions日付収益収益G+A経費研究開発費31 Dec 259068223030 Sep 2595013227030 Jun 2599615239031 Mar 251,02216246031 Dec 241,09059251030 Sep 241,19792264030 Jun 241,298143268031 Mar 241,399194276031 Dec 231,433215278030 Sep 231,370206272030 Jun 231,282186263031 Mar 231,204161256031 Dec 221,167135250030 Sep 221,127131266030 Jun 221,072122259031 Mar 221,034115251031 Dec 21965112241030 Sep 21968112218030 Jun 21980111218031 Mar 21915100214031 Dec 2092892224030 Sep 2090379224030 Jun 2099197232031 Mar 201,126115249031 Dec 191,177132249030 Sep 191,233144252030 Jun 191,295158257031 Mar 191,299173246031 Dec 181,232163238030 Sep 181,164147230030 Jun 181,012126214031 Mar 18917111205031 Dec 17932224206030 Sep 17940217228030 Jun 17956216231031 Mar 171,009228236031 Dec 161,013138231030 Sep 161,065171211030 Jun 161,143190219031 Mar 161,160190225031 Dec 151,152176228030 Sep 151,804306247030 Jun 151,7823012470質の高い収益: DCONは 高品質の収益 を持っています。利益率の向上: DCONの現在の純利益率 (0.9%)は、昨年(5.4%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: DCONの収益は過去 5 年間で年間14.1%減少しました。成長の加速: DCONは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: DCONは過去 1 年間で収益成長率がマイナス ( -86% ) となったため、 Basic Materials業界平均 ( -35.2% ) と比較することが困難です。株主資本利益率高いROE: DCONの 自己資本利益率 ( 0.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 09:45終値2026/05/07 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Dcon Products 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
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.002 (vs ฿0.011 in FY 2024)Full year 2025 results: EPS: ฿0.002 (down from ฿0.011 in FY 2024). Revenue: ฿905.8m (down 17% from FY 2024). Net income: ฿8.29m (down 86% from FY 2024). Profit margin: 0.9% (down from 5.4% 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 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 12Third quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0 in 3Q 2024)Third quarter 2025 results: ฿0.001 loss per share (further deteriorated from ฿0 in 3Q 2024). Revenue: ฿214.8m (down 18% from 3Q 2024). Net loss: ฿3.03m (loss widened 228% from 3Q 2024). 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 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.001 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (in line with 2Q 2024). Revenue: ฿234.1m (down 10% from 2Q 2024). Net income: ฿2.72m (down 35% from 2Q 2024). Profit margin: 1.2% (down from 1.6% 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 31% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16First quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0.007 profit in 1Q 2024)First quarter 2025 results: ฿0.001 loss per share (down from ฿0.007 profit in 1Q 2024). Revenue: ฿248.9m (down 21% from 1Q 2024). Net loss: ฿7.18m (down 120% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
Reported Earnings • Feb 27Full year 2024 earnings released: EPS: ฿0.011 (vs ฿0.04 in FY 2023)Full year 2024 results: EPS: ฿0.011 (down from ฿0.04 in FY 2023). Revenue: ฿1.09b (down 24% from FY 2023). Net income: ฿59.2m (down 72% from FY 2023). Profit margin: 5.4% (down from 15% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0 (vs ฿0.009 in 3Q 2023)Third quarter 2024 results: EPS: ฿0 (down from ฿0.009 in 3Q 2023). Revenue: ฿260.6m (down 28% from 3Q 2023). Net loss: ฿924.3k (down 102% from profit in 3Q 2023). 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 17% per year, which means it is significantly lagging earnings.
Board Change • May 01Insufficient new 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. 4 highly experienced directors. Independent Vice Chairman of the Board Surachai Tansitpong was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.002 (vs ฿0.011 in FY 2024)Full year 2025 results: EPS: ฿0.002 (down from ฿0.011 in FY 2024). Revenue: ฿905.8m (down 17% from FY 2024). Net income: ฿8.29m (down 86% from FY 2024). Profit margin: 0.9% (down from 5.4% 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 62% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Declared Dividend • Feb 28Dividend of ฿0.0027 announcedDividend of ฿0.0027 is the same as last year. Ex-date: 11th March 2026 Payment date: 20th May 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.3%. Payout Ratios Payout ratio: 115%. Cash payout ratio: 191%.
お知らせ • Feb 26Dcon Products Public Company Limited Proposes Dividend Payment for the Year Ended 31 December 2025, Payable on 20 May 2026The Board of Directors of Dcon Products Public Company Limited resolved to propose to the Annual General Meeting of Shareholders to be held on 28 April 2026, for consideration and approval the payment of dividends at the same rate as that paid for the year 2024, being THB 0.00275 per share (0.275 Satang per share). The proposed dividend shall be paid from the consolidated net profit for the year 2025 in the amount of THB 8,291,187.87 and from retained earnings in the amount of THB 6,521,248.22. As of 31 December 2025, the Company had unappropriated retained earnings totaling THB 641.611 million. The total dividend payment shall amount to THB 14,812,436.09, representing 179% of the consolidated net profit for the year 2025. The Record Date for determining the shareholders entitled to receive the dividend shall be 12 March 2026, and the dividend payment date is scheduled for 20 May 2026.
お知らせ • Feb 25Dcon Products Public Company Limited, Annual General Meeting, Apr 28, 2026Dcon Products Public Company Limited, Annual General Meeting, Apr 28, 2026, at 14:00 SE Asia Standard Time. Location: physical meeting, the company`s meeting room, 18th floor, building b, elephant building, phaholyothin road, chomphon subdistrict, chatuchak district, bangkok 10900, Thailand
Reported Earnings • Nov 12Third quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0 in 3Q 2024)Third quarter 2025 results: ฿0.001 loss per share (further deteriorated from ฿0 in 3Q 2024). Revenue: ฿214.8m (down 18% from 3Q 2024). Net loss: ฿3.03m (loss widened 228% from 3Q 2024). 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 15% per year, which means it has not declined as severely as earnings.
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (฿1.29b market cap, or US$39.9m).
Reported Earnings • Aug 18Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.001 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (in line with 2Q 2024). Revenue: ฿234.1m (down 10% from 2Q 2024). Net income: ฿2.72m (down 35% from 2Q 2024). Profit margin: 1.2% (down from 1.6% 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 31% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (฿1.24b market cap, or US$38.0m).
Board Change • May 20Less 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. 5 non-independent directors. Independent Director Surachai Tansitpong was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 16First quarter 2025 earnings released: ฿0.001 loss per share (vs ฿0.007 profit in 1Q 2024)First quarter 2025 results: ฿0.001 loss per share (down from ฿0.007 profit in 1Q 2024). Revenue: ฿248.9m (down 21% from 1Q 2024). Net loss: ฿7.18m (down 120% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
お知らせ • Apr 24Dcon Products Public Company Limited Approves Cash Dividend for the Year 2024, Payable on May 20, 2025The 2025 Annual General Meeting Shareholder of Dcon Products Public Company Limited held on April 22, 2025. Approved the dividend payment for the year of 2024 from the profit for the year 2024 to the shareholders at the rate of THB 0.00275 per share. The total dividend payment is THB 14,812,436.09 Or equal to 25% of the total net profit. By specifying the list of shareholders who are entitled to receive the dividend on March 13, 2025 and fixing the date of dividend payment on May 20, 2025.
New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (5.4% net profit margin). Market cap is less than US$100m (฿1.29b market cap, or US$37.9m).
お知らせ • Mar 20Dcon Products Public Company Limited announced a financing transactionDcon Products Public Company Limited announced a private placement that it will issue 846,368,600 Warrants to purchase ordinary shares of the company to receive funding on March 18, 2025.
Reported Earnings • Feb 27Full year 2024 earnings released: EPS: ฿0.011 (vs ฿0.04 in FY 2023)Full year 2024 results: EPS: ฿0.011 (down from ฿0.04 in FY 2023). Revenue: ฿1.09b (down 24% from FY 2023). Net income: ฿59.2m (down 72% from FY 2023). Profit margin: 5.4% (down from 15% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Feb 26+ 2 more updatesDcon Products Public Company Limited Announces Retirement of Tortrakul Yomnak as Independent Director, Effective April 22, 2025Dcon Products Public Company Limited announced that at the Annual General Meeting to be held on April 22, 2025, proposed the retirement of Mr. Tortrakul Yomnak as Independent Director. Expire Date is April 22, 2025. Terminate reason is retire from office at the end of the term.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0 (vs ฿0.009 in 3Q 2023)Third quarter 2024 results: EPS: ฿0 (down from ฿0.009 in 3Q 2023). Revenue: ฿260.6m (down 28% from 3Q 2023). Net loss: ฿924.3k (down 102% from profit in 3Q 2023). 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 17% per year, which means it is significantly lagging earnings.
New Risk • Sep 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (฿2.05b market cap, or US$62.0m).
Buy Or Sell Opportunity • Sep 23Now 30% overvalued after recent price riseOver the last 90 days, the stock has risen 5.6% to ฿0.38. The fair value is estimated to be ฿0.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 18%.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.001 (vs ฿0.01 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.001 (down from ฿0.01 in 2Q 2023). Revenue: ฿260.3m (down 28% from 2Q 2023). Net income: ฿4.17m (down 92% from 2Q 2023). Profit margin: 1.6% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 13% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.007 (vs ฿0.01 in 1Q 2023)First quarter 2024 results: EPS: ฿0.007 (down from ฿0.01 in 1Q 2023). Revenue: ฿316.1m (down 9.7% from 1Q 2023). Net income: ฿35.6m (down 37% from 1Q 2023). Profit margin: 11% (down from 16% 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 22% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
New Risk • Apr 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (฿2.26b market cap, or US$61.7m).
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 20 May 2024. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (3.3%).
お知らせ • Feb 21Dcon Products Public Company Limited (SET:DCON) made an offer to acquire a 15% stake in Prinsiri Public Company Limited (SET:PRIN) for THB 550 millionDcon Products Public Company Limited (SET:DCON) made an offer to acquire a 15% stake in Prinsiri Public Company Limited (SET:PRIN) for THB 550 million on February 19, 2024.
お知らせ • Feb 20Dcon Products Public Company Limited, Annual General Meeting, Apr 23, 2024Dcon Products Public Company Limited, Annual General Meeting, Apr 23, 2024, at 14:00 SE Asia Standard Time. Location: Elephant Bldg, Tower B F1.18, Phaholyotin road, Chatuchak Bangkok Thailand Agenda: To consider and approve the minutes of the Annual General Shareholders Meeting 2023; to consider and approve the Board of Directors' report on the Company's performance for the year 2023 ; to consider and approve the financial statements for the year 2023 and the auditor's report; to consider and approve the dividend payment from the operating results of the year 2023; to consider and approve the appoint directors to replace due to retire by rotation; to consider and approve the appointment of the Company's auditor and determine the auditor's remuneration for the accounting period of the year 2024; to consider and approve the payment of directors' remuneration for the year 2023; to consider and approve the criteria for the remuneration and remuneration of directors for the year 2024; and to consider any other business (if any).
Reported Earnings • Feb 20Full year 2023 earnings released: EPS: ฿0.04 (vs ฿0.025 in FY 2022)Full year 2023 results: EPS: ฿0.04 (up from ฿0.025 in FY 2022). Revenue: ฿1.43b (up 23% from FY 2022). Net income: ฿214.7m (up 59% from FY 2022). Profit margin: 15% (up from 12% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.
お知らせ • Feb 20Dcon Products Public Company Limited Proposes Dividend for the Year 2023, Payable on 20 May 2024Dcon Products Public Company Limited at the Annual General Meeting (AGM) to be held on 23 April 2024 proposed to consider paying dividends from the net profit of the year 2023 which the Company and its subsidiaries have total net profit of THB 214.67 million, equivalent to earnings per share of 3.99 satang per share. As the rate of THB 0.02 per share, the total dividend payable is THB 107,726,807.92 or equal to 50% of total net profit. The list of shareholders who are entitled to receive dividends is recorded date on 14 March 2024 and dividend payment is scheduled on 20 May 2024.
New Risk • Feb 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (฿2.80b market cap, or US$77.6m).
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.009 (vs ฿0.006 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.009 (up from ฿0.006 in 3Q 2022). Revenue: ฿362.3m (up 32% from 3Q 2022). Net income: ฿49.9m (up 65% from 3Q 2022). Profit margin: 14% (up from 11% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.006 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.01 (up from ฿0.006 in 2Q 2022). Revenue: ฿361.1m (up 28% from 2Q 2022). Net income: ฿54.9m (up 84% from 2Q 2022). Profit margin: 15% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.006 in 1Q 2022)First quarter 2023 results: EPS: ฿0.01 (up from ฿0.006 in 1Q 2022). Revenue: ฿350.1m (up 12% from 1Q 2022). Net income: ฿56.2m (up 85% from 1Q 2022). Profit margin: 16% (up from 9.7% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 17Dcon Products Public Company Limited Appoints Surachai Tansitpong as DirectorThe Board of Director's Meeting of DCON Products Public Company Limited which held on 15th May, 2023 Approved the appointment of Mr. Surachai Tansitpong to be a Director to replace the vacant Director. Effective from May 15th, 2023 onwards.
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.004 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.006 (up from ฿0.004 in 3Q 2021). Revenue: ฿274.6m (up 25% from 3Q 2021). Net income: ฿30.2m (up 37% from 3Q 2021). Profit margin: 11% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 7 highly experienced directors. Independent Director Pisarn Wattanawongkeeree was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.004 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.006 (up from ฿0.004 in 2Q 2021). Revenue: ฿283.1m (up 16% from 2Q 2021). Net income: ฿29.9m (up 33% from 2Q 2021). Profit margin: 11% (up from 9.1% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.006 (up from ฿0.005 in 1Q 2021). Revenue: ฿313.0m (up 28% from 1Q 2021). Net income: ฿30.4m (up 9.4% from 1Q 2021). Profit margin: 9.7% (down from 11% in 1Q 2021). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Pisarn Wattanawongkeeree was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 22Upcoming dividend of ฿0.011 per shareEligible shareholders must have bought the stock before 29 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Thai dividend payers (5.2%). Lower than average of industry peers (5.4%).
お知らせ • Feb 25Dcon Products Public Company Limited, Annual General Meeting, Apr 27, 2022Dcon Products Public Company Limited, Annual General Meeting, Apr 27, 2022, at 07:00 Coordinated Universal Time. Location: company meeting room, Tower B 18th. Floor Elephant Bldg. Phaholyotin Rd., Chatujak Bangkok Thailand Agenda: To consider the approval of the minutes of the AGM No.1/2564; to Acknowledge the operating result of the company of 2021; to consider the approval of the Financial Statement and the Auditor's Report for the year end as of December 31, 2021; to consider the approval of the dividend payment for the year of 2021; to consider the approval of the appointment the auditors and audit's fee for the Year 2022; and to consider any other matters.
お知らせ • Feb 24Dcon Products Public Company Limited Approves Dividend of the Year 2021, Payment on 17 May 2022Dcon Products Public Company Limited announced consideration of annual dividend payment of the year 2021 from earning at the rate THB 0.011 per share at its board meeting held on 23rd. February, 2022. By specifying the list of shareholders who are entitled to receive the dividend on 30 March 2022 and fixing the date of dividend payment on 17 May 2022.
Reported Earnings • Feb 24Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.022 (up from ฿0.017 in FY 2020). Revenue: ฿965.4m (up 4.0% from FY 2020). Net income: ฿116.8m (up 26% from FY 2020). Profit margin: 12% (up from 10.0% in FY 2020). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Board Change • Dec 06Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Pisarn Wattanawongkeeree was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.004 in 3Q 2020)The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings improved. Third quarter 2021 results: Revenue: ฿219.4m (down 5.0% from 3Q 2020). Net income: ฿22.1m (up 1.2% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). 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 3% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.002 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿245.1m (up 36% from 2Q 2020). Net income: ฿22.4m (up 97% from 2Q 2020). Profit margin: 9.1% (up from 6.3% 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 21% 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.
Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.005 (vs ฿0.004 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿244.5m (down 5.1% from 1Q 2020). Net income: ฿27.8m (up 39% from 1Q 2020). Profit margin: 11% (up from 7.8% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 29Dcon Products Public Company Limited Approves Dividend for the Year 2020, Payable on May 14, 2021Dcon Products Public Company Limited at its ordinary meeting held on 28 April 2021, approved the dividend payment for the year of 2020 from the profit for the year 2020 to the shareholders at the rate of THB 0.008 per share. The total dividend payment is THB 43,090,723.17. Or equal to 46.62% of the total net profit. By specifying the list of shareholders who are entitled to receive the dividend on March 30, 2021 and fixing the date of dividend payment on May 14, 2021.
お知らせ • Feb 26+ 1 more updateDcon Products Public Company Limited (SET:DCON) signed an information memorandum to acquire an additional 3.28% minority stake in Prinsiri Public Company Limited (SET:PRIN) from Wittawat Pornkul and Chana Towan for THB 66 million.Dcon Products Public Company Limited (SET:DCON) signed an information memorandum to acquire an additional 3.28% minority stake in Prinsiri Public Company Limited (SET:PRIN) from Wittawat Pornkul and Chana Towan for THB 66 million on February 24, 2021. Under the transaction, DCON will acquire 20 million shares, representing 1.63% stake from Wittawat Pornkul and 20 million shares, representing 1.63% stake from Chana Towan at a price of THB 1.65 per share in cash. Post transaction, DCON, Wittawat Pornkul and Chana Towan will hold 10.08% stake, 3.21% stake and 3.39% stake in PRIN, respectively. DCON will use its cash flow from its operations and/or loans from financial institutions to fund the acquisition. Share Purchase Agreement is expected to be entered by the third quarter of 2021. Transaction is expected to close within March 2021. DCON estimated that the payment will not affect the Company’s liquidity and working capital since the Company will have adequate cash flow from its operations.
Is New 90 Day High Low • Feb 25New 90-day high: ฿0.37The company is up 19% from its price of ฿0.31 on 27 November 2020. The Thai market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 1.0% over the same period.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿0.004The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿231.0m (down 28% from 3Q 2019). Net income: ฿21.8m (down 45% from 3Q 2019). Profit margin: 9.4% (down from 12% 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 but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 03New 90-day low: ฿0.30The company is down 9.0% from its price of ฿0.33 on 05 August 2020. The Thai market is also down 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Basic Materials industry, which is down 12% over the same period.