View Financial HealthSrithai Superware 配当と自社株買い配当金 基準チェック /36Srithai Superwareは配当を支払う会社で、現在の利回りは6.06%ですが、利益によって十分にカバーされています。次の支払い日は 22nd May, 2026で、権利落ち日は5th May, 2026 。主要情報6.1%配当利回り2.1%バイバック利回り総株主利回り8.1%将来の配当利回りn/a配当成長-6.7%次回配当支払日22 May 26配当落ち日05 May 26一株当たり配当金n/a配当性向74%最近の配当と自社株買いの更新Upcoming Dividend • Apr 28Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 5.9%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).Declared Dividend • Mar 02Final dividend of ฿0.04 announcedDividend of ฿0.04 is the same as last year. Ex-date: 5th May 2026 Payment date: 22nd May 2026 Dividend yield will be 5.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is well covered by cash flows (49% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.1% to bring the payout ratio under control, which is less than the 20% EPS growth achieved over the last 5 years.お知らせ • Feb 27+ 1 more updateSrithai Superware Public Company Limited Proposes Dividend for the Period July-December 2025, Payable on 22 May 2026Srithai Superware Public Company Limited at its board meeting held on February 26, 2026 proposed to the 2026 Annual General Meeting of Shareholders to be held on April 24, 2026 to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders (operating results of the period January-December 2025). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2025 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2025 to be paid at the rate of THB 0.04 per share. The shareholder register book for the right to receive the dividend shall be recorded on 6 May 2026. The dividend will be paid on 22 May 2026.Declared Dividend • Aug 15First half dividend of ฿0.02 announcedDividend of ฿0.02 is the same as last year. Ex-date: 25th August 2025 Payment date: 10th September 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 39% EPS growth achieved over the last 5 years.Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (7.9%). In line with average of industry peers (5.0%).お知らせ • Apr 18Srithai Superware Public Company Limited Approves Dividend for the Period July-December 2024, Payable on 16 May 2025Srithai Superware Public Company Limited at its Annual General Meeting of Shareholders held on 18 April 2025, approved dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders for the total amount of THB 162,594,288, representing 100.49% of net profit of the separate financial statement for the year 2024 (operating results of the period January-December 2024). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2024 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2024 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. The shareholder register book for the right to receive dividend shall be recorded on 29 April 2025. Dividend will be paid out on 16 May 2025.すべての更新を表示Recent updatesUpcoming Dividend • Apr 28Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 5.9%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).Declared Dividend • Mar 02Final dividend of ฿0.04 announcedDividend of ฿0.04 is the same as last year. Ex-date: 5th May 2026 Payment date: 22nd May 2026 Dividend yield will be 5.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is well covered by cash flows (49% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.1% to bring the payout ratio under control, which is less than the 20% EPS growth achieved over the last 5 years.Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.08 (vs ฿0.11 in FY 2024)Full year 2025 results: EPS: ฿0.08 (down from ฿0.11 in FY 2024). Revenue: ฿7.33b (down 9.3% from FY 2024). Net income: ฿212.9m (down 25% from FY 2024). Profit margin: 2.9% (down from 3.5% 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 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27+ 1 more updateSrithai Superware Public Company Limited Proposes Dividend for the Period July-December 2025, Payable on 22 May 2026Srithai Superware Public Company Limited at its board meeting held on February 26, 2026 proposed to the 2026 Annual General Meeting of Shareholders to be held on April 24, 2026 to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders (operating results of the period January-December 2025). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2025 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2025 to be paid at the rate of THB 0.04 per share. The shareholder register book for the right to receive the dividend shall be recorded on 6 May 2026. The dividend will be paid on 22 May 2026.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.02 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.02 (in line with 3Q 2024). Revenue: ฿1.78b (down 4.8% from 3Q 2024). Net income: ฿48.4m (down 8.1% from 3Q 2024). Profit margin: 2.7% (down from 2.8% 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 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Oct 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to ฿1.04. The fair value is estimated to be ฿1.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 7.7%.Buy Or Sell Opportunity • Sep 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to ฿1.06. The fair value is estimated to be ฿1.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 7.7%.Buy Or Sell Opportunity • Aug 25Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at ฿1.07. The fair value is estimated to be ฿1.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 7.7%.Declared Dividend • Aug 15First half dividend of ฿0.02 announcedDividend of ฿0.02 is the same as last year. Ex-date: 25th August 2025 Payment date: 10th September 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 39% EPS growth achieved over the last 5 years.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿10.00 (vs ฿0.036 in 2Q 2024)Second quarter 2025 results: EPS: ฿10.00. Revenue: ฿1.78b (down 15% from 2Q 2024). Net income: ฿37.7m (down 61% from 2Q 2024). Profit margin: 2.1% (down from 4.6% in 2Q 2024). The decrease in margin was driven by lower revenue.Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.044 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.044 in 1Q 2024). Revenue: ฿1.82b (down 14% from 1Q 2024). Net income: ฿60.7m (down 49% from 1Q 2024). Profit margin: 3.3% (down from 5.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (7.9%). In line with average of industry peers (5.0%).お知らせ • Apr 19Srithai Superware Public Company Limited Appoints Pichitpol Panyapol as Non-Executive and Non-Independent Director, Effective 18 April 2025Srithai Superware Public Company Limited at its Annual General Meeting of Shareholders held on 18 April 2025, appointed Mr. Pichitpol Panyapol serving as a non-executive and non-independent Board Director.お知らせ • Apr 18Srithai Superware Public Company Limited Approves Dividend for the Period July-December 2024, Payable on 16 May 2025Srithai Superware Public Company Limited at its Annual General Meeting of Shareholders held on 18 April 2025, approved dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders for the total amount of THB 162,594,288, representing 100.49% of net profit of the separate financial statement for the year 2024 (operating results of the period January-December 2024). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2024 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2024 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. The shareholder register book for the right to receive dividend shall be recorded on 29 April 2025. Dividend will be paid out on 16 May 2025.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿1.27, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 8x in the Packaging industry in Thailand. Total returns to shareholders of 13% over the past three years.Declared Dividend • Feb 26Final dividend of ฿0.04 announcedDividend of ฿0.04 is the same as last year. Ex-date: 28th April 2025 Payment date: 16th May 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 55% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿0.11 (vs ฿0.14 in FY 2023)Full year 2024 results: EPS: ฿0.11 (down from ฿0.14 in FY 2023). Revenue: ฿8.08b (down 5.5% from FY 2023). Net income: ฿285.0m (down 24% from FY 2023). Profit margin: 3.5% (down from 4.4% 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 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Feb 25Srithai Superware Public Company Limited, Annual General Meeting, Apr 18, 2025Srithai Superware Public Company Limited, Annual General Meeting, Apr 18, 2025, at 14:00 SE Asia Standard Time. Location: srithai superware pcl., 15 suksawat rd., soi 36, bangpakok, rasburana, bangkok 10140 Thailandお知らせ • Feb 24Srithai Superware Public Company Limited Proposes Dividend for the Year July - December 2024, Payable on 16 May 2025Srithai Superware Public Company Limited announced that it is deemed appropriate to propose to the Meeting of Shareholders to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders for the total amount of THB 162,594,288. Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2024 paid from unappropriated retained earnings on 6 September 2024 at the rate of THB 0.02 per share, totaling of THB 54,198,096, according to the resolution of the Board of Directors' Meeting No. 4/2024 on 8 August 2024, there remains the dividend based on operating results for the period July-December 2024 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. Record date: 29 April, 2025, Ex-dividend date: 28 April, 2025, Payment date: 16 May, 2025. Shareholder's meeting date: 18 April, 2025.New Risk • Nov 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.42b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.42b market cap, or US$98.7m).Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.035 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.02 (down from ฿0.035 in 3Q 2023). Revenue: ฿1.87b (down 9.0% from 3Q 2023). Net income: ฿52.7m (down 44% from 3Q 2023). Profit margin: 2.8% (down from 4.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Nov 13Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿1.40. The fair value is estimated to be ฿1.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 29%.Declared Dividend • Aug 10First half dividend of ฿0.02 announcedShareholders will receive a dividend of ฿0.02. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 62% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.033 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.04 (up from ฿0.033 in 2Q 2023). Revenue: ฿2.10b (down 5.8% from 2Q 2023). Net income: ฿97.0m (up 7.6% from 2Q 2023). Profit margin: 4.6% (up from 4.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • May 10First quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.03 in 1Q 2023)First quarter 2024 results: EPS: ฿0.04 (up from ฿0.03 in 1Q 2023). Revenue: ฿2.11b (down 3.7% from 1Q 2023). Net income: ฿119.4m (up 46% from 1Q 2023). Profit margin: 5.7% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. 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 13% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 27Srithai Superware Public Company Limited Approves Dividend for the Period July-December 2023, Payable on 24 May 2024Srithai Superware Public Company Limited at the AGM held on 25 April 2024, dividend based on operating results for the period July-December 2023 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. The shareholder register book for the right to receive dividend shall be recorded on Wednesday 8 May 2024. Dividend will be paid out on Friday 24 May 2024.Declared Dividend • Feb 24Final dividend of ฿0.04 announcedShareholders will receive a dividend of ฿0.04. Ex-date: 7th May 2024 Payment date: 24th May 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 23Srithai Superware Public Company Limited, Annual General Meeting, Apr 25, 2024Srithai Superware Public Company Limited, Annual General Meeting, Apr 25, 2024, at 14:00 SE Asia Standard Time. Location: Convention Room on the 4th floor of Building no. 3 of Srithai Superware Public Company Limited located at 15 Suksawat Rd., Soi 36, Bangpakok, Rasburana, Bangkok 10140 Bangkok Thailand Agenda: To consider and adopt the Minutes of the Annual General Meeting of Shareholders No. 42 (of the year 2023) convened on Thursday 27 April 2023; to acknowledge the report of the Board of Directors about the operating result of the Company for the past year; to approve Statement of Financial Position and Statement of Comprehensive Income for the year ended 31 December 2023 as audited and certified by the auditors; to approve remuneration of directors for the year 2024; and to consider other matters.Reported Earnings • Feb 23Full year 2023 earnings released: EPS: ฿0.14 (vs ฿0.13 in FY 2022)Full year 2023 results: EPS: ฿0.14 (up from ฿0.13 in FY 2022). Revenue: ฿8.55b (down 8.8% from FY 2022). Net income: ฿372.4m (up 6.4% from FY 2022). Profit margin: 4.4% (up from 3.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 22Srithai Superware Public Company Limited Proposes Dividend for the Year 2023, Payable on 24 May 2024Srithai Superware Public Company Limited proposed to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders (operating results of the period January-December 2023). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2023 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2023 to be paid at the rate of THB 0.04 per share. The shareholder register book for the right to receive the dividend shall be recorded on 8 May 2024. The dividend will be paid on 24 May 2024.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Acting Vice President – Industrial Products Bee Ah was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.044 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.03 (down from ฿0.044 in 3Q 2022). Revenue: ฿2.05b (down 15% from 3Q 2022). Net income: ฿94.7m (down 21% from 3Q 2022). Profit margin: 4.6% (down from 5.0% 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 86% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.02 per share at 3.3% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.7%).お知らせ • Aug 11Srithai Superware Public Company Limited Declares Interim Cash Dividend Payable on September 7, 2023Srithai Superware Public Company Limited declared interim cash dividend payment of THB 0.02 per share payable on September 7, 2023. Date of Board resolution is 10-Aug-2023. Record date for the right to receive dividends is 25-Aug-2023. Ex-dividend date is 24-Aug-2023. The dividend Payment for Common shareholders and Paid from Retained Earnings.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.038 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.038 in 2Q 2022). Revenue: ฿2.23b (down 8.7% from 2Q 2022). Net income: ฿90.2m (down 12% from 2Q 2022). Profit margin: 4.1% (down from 4.2% 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 102% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.New Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.44b (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.44b market cap, or US$98.6m).Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.026 in 1Q 2022)First quarter 2023 results: EPS: ฿0.03 (up from ฿0.026 in 1Q 2022). Revenue: ฿2.19b (up 2.6% from 1Q 2022). Net income: ฿82.0m (up 17% from 1Q 2022). Profit margin: 3.7% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 02Upcoming dividend of ฿0.04 per share at 2.8% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿1.52, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Packaging industry in Thailand. Total returns to shareholders of 199% over the past three years.Reported Earnings • Nov 08Third quarter 2022 earnings released: EPS: ฿0.044 (vs ฿0.009 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.044 (up from ฿0.009 in 3Q 2021). Revenue: ฿2.42b (up 40% from 3Q 2021). Net income: ฿119.8m (up 371% from 3Q 2021). Profit margin: 5.0% (up from 1.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ฿1.51, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 14x in the Packaging industry in Thailand. Total returns to shareholders of 84% over the past three years.Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: ฿0.038 (vs ฿0.012 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.038 (up from ฿0.012 in 2Q 2021). Revenue: ฿2.44b (up 33% from 2Q 2021). Net income: ฿102.9m (up 220% from 2Q 2021). Profit margin: 4.2% (up from 1.7% 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 97% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 11First quarter 2022 earnings released: EPS: ฿0.03 (vs ฿0.023 in 1Q 2021)First quarter 2022 results: EPS: ฿0.03 (up from ฿0.023 in 1Q 2021). Revenue: ฿2.16b (up 16% from 1Q 2021). Net income: ฿70.4m (up 12% from 1Q 2021). Profit margin: 3.3% (down from 3.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 02Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 25 May 2022. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (5.1%). In line with average of industry peers (2.3%).Board Change • Apr 27Insufficient 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. 5 highly experienced directors. CFO, Acting Head of Compliance Unit, Company Secretary, Head of Investor Relations Unit & Director Chaiwat Kulphattaravanich 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.お知らせ • Feb 24+ 1 more updateSrithai Superware Public Company Limited, Annual General Meeting, Apr 27, 2022Srithai Superware Public Company Limited, Annual General Meeting, Apr 27, 2022, at 14:00 SE Asia Standard Time. Location: Convention Room on the 4th floor Srithai Superware Public Company Limited, located at 15 Suksawat Rd., Soi 36 Bangkok Thailand Agenda: To consider and adopt the Minutes of the Annual General Meeting of Shareholders No. 40 (of the year 2021) convened on Friday 14 May 2021; to acknowledge the report of the Board of Directors about the operating result of the Company for the past year; to approve Statement of Financial Position and Statement of Comprehensive Income for the year ended 31 December 2021 as audited and certified by the auditors; to approve appropriation of profit for the year 2021 as an additional legal reserve and dividend payment; to appoint external auditors and determine their remuneration for the year 2022; to appoint directors in place of those who have completed their terms of office; o approve remuneration of directors for the year 2022; to consider Others (if any).Reported Earnings • Feb 23Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.067 (up from ฿0.034 loss in FY 2020). Revenue: ฿7.51b (up 9.3% from FY 2020). Net income: ฿181.2m (up ฿273.0m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.044 (vs ฿0.011 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿5.42b (up 219% from 3Q 2020). Net income: ฿120.4m (up ฿151.5m from 3Q 2020). Profit margin: 2.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.012 (vs ฿0.021 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.84b (up 19% from 2Q 2020). Net income: ฿32.2m (up ฿89.9m from 2Q 2020). Profit margin: 1.7% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% 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 17First quarter 2021 earnings released: EPS ฿0.023 (vs ฿0.013 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: ฿1.86b (down 3.5% from 1Q 2020). Net income: ฿62.7m (up 76% from 1Q 2020). Profit margin: 3.4% (up from 1.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 15New 90-day high: ฿0.71The company is up 11% from a price of ฿0.64 on 15 December 2020. Outperformed the Thai market which is up 7.0% over the last 90 days. Exceeded the Packaging industry, which is up 3.0% over the same period.お知らせ • Feb 26Srithai Superware Public Company Limited, Annual General Meeting, Apr 29, 2021Srithai Superware Public Company Limited, Annual General Meeting, Apr 29, 2021, at 14:00 SE Asia Standard Time. Location: Convention Room on the 4th floor of Building no. 3 of Srithai Superware Public Company Limited Bangkok Thailand Agenda: To consider and adopt the Minutes of the Annual General Meeting of Shareholders No. 39 (of the year 2020) convened on 29 April 2020; to acknowledge the report of the Board of Directors about the operating result of the Company for the past year; To approve Statement of Financial Position and Statement of Comprehensive Income for the year ended 31 December 2020 as audited and certified by the auditors; to approve appropriation of profit for the year 2020 as an additional legal reserve and no dividend payment; and to consider other transactions.Reported Earnings • Nov 13Third quarter 2020 earnings released: ฿0.012 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.70b (down 17% from 3Q 2019). Net loss: ฿31.1m (loss narrowed 40% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 106% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.決済の安定と成長配当データの取得安定した配当: SITHAIの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: SITHAIの配当金支払額は過去10年間減少しています。配当利回り対市場Srithai Superware 配当利回り対市場SITHAI 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (SITHAI)6.1%市場下位25% (TH)3.4%市場トップ25% (TH)7.5%業界平均 (Packaging)3.5%アナリスト予想 (SITHAI) (最長3年)n/a注目すべき配当: SITHAIの配当金 ( 6.06% ) はTH市場の配当金支払者の下位 25% ( 3.45% ) よりも高くなっています。高配当: SITHAIの配当金 ( 6.06% ) はTH市場の配当金支払者の上位 25% ( 7.45% ) と比較すると低いです。株主への利益配当収益カバレッジ: SITHAIの配当金は、合理的な 配当性向 ( 74.3% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: SITHAIの 現金配当性向 ( 48.5% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YTH 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 11:31終値2026/05/06 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Srithai Superware 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。3 アナリスト機関Pongrat RatanatavananandaBualuang Securities PCLApichat PoobunjirdkulTisco Securities Co. Ltd.Arsit PamaranontUOB Kay Hian Research Pte Ltd
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 5.9%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).
Declared Dividend • Mar 02Final dividend of ฿0.04 announcedDividend of ฿0.04 is the same as last year. Ex-date: 5th May 2026 Payment date: 22nd May 2026 Dividend yield will be 5.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is well covered by cash flows (49% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.1% to bring the payout ratio under control, which is less than the 20% EPS growth achieved over the last 5 years.
お知らせ • Feb 27+ 1 more updateSrithai Superware Public Company Limited Proposes Dividend for the Period July-December 2025, Payable on 22 May 2026Srithai Superware Public Company Limited at its board meeting held on February 26, 2026 proposed to the 2026 Annual General Meeting of Shareholders to be held on April 24, 2026 to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders (operating results of the period January-December 2025). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2025 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2025 to be paid at the rate of THB 0.04 per share. The shareholder register book for the right to receive the dividend shall be recorded on 6 May 2026. The dividend will be paid on 22 May 2026.
Declared Dividend • Aug 15First half dividend of ฿0.02 announcedDividend of ฿0.02 is the same as last year. Ex-date: 25th August 2025 Payment date: 10th September 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 39% EPS growth achieved over the last 5 years.
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (7.9%). In line with average of industry peers (5.0%).
お知らせ • Apr 18Srithai Superware Public Company Limited Approves Dividend for the Period July-December 2024, Payable on 16 May 2025Srithai Superware Public Company Limited at its Annual General Meeting of Shareholders held on 18 April 2025, approved dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders for the total amount of THB 162,594,288, representing 100.49% of net profit of the separate financial statement for the year 2024 (operating results of the period January-December 2024). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2024 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2024 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. The shareholder register book for the right to receive dividend shall be recorded on 29 April 2025. Dividend will be paid out on 16 May 2025.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 22 May 2026. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 5.9%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).
Declared Dividend • Mar 02Final dividend of ฿0.04 announcedDividend of ฿0.04 is the same as last year. Ex-date: 5th May 2026 Payment date: 22nd May 2026 Dividend yield will be 5.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is well covered by cash flows (49% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.1% to bring the payout ratio under control, which is less than the 20% EPS growth achieved over the last 5 years.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.08 (vs ฿0.11 in FY 2024)Full year 2025 results: EPS: ฿0.08 (down from ฿0.11 in FY 2024). Revenue: ฿7.33b (down 9.3% from FY 2024). Net income: ฿212.9m (down 25% from FY 2024). Profit margin: 2.9% (down from 3.5% 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 21% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27+ 1 more updateSrithai Superware Public Company Limited Proposes Dividend for the Period July-December 2025, Payable on 22 May 2026Srithai Superware Public Company Limited at its board meeting held on February 26, 2026 proposed to the 2026 Annual General Meeting of Shareholders to be held on April 24, 2026 to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders (operating results of the period January-December 2025). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2025 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2025 to be paid at the rate of THB 0.04 per share. The shareholder register book for the right to receive the dividend shall be recorded on 6 May 2026. The dividend will be paid on 22 May 2026.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.02 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.02 (in line with 3Q 2024). Revenue: ฿1.78b (down 4.8% from 3Q 2024). Net income: ฿48.4m (down 8.1% from 3Q 2024). Profit margin: 2.7% (down from 2.8% 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 3% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Oct 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to ฿1.04. The fair value is estimated to be ฿1.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 7.7%.
Buy Or Sell Opportunity • Sep 19Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.9% to ฿1.06. The fair value is estimated to be ฿1.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 7.7%.
Buy Or Sell Opportunity • Aug 25Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at ฿1.07. The fair value is estimated to be ฿1.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.9% over the last 3 years. Earnings per share has declined by 7.7%.
Declared Dividend • Aug 15First half dividend of ฿0.02 announcedDividend of ฿0.02 is the same as last year. Ex-date: 25th August 2025 Payment date: 10th September 2025 Dividend yield will be 5.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (59% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 39% EPS growth achieved over the last 5 years.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿10.00 (vs ฿0.036 in 2Q 2024)Second quarter 2025 results: EPS: ฿10.00. Revenue: ฿1.78b (down 15% from 2Q 2024). Net income: ฿37.7m (down 61% from 2Q 2024). Profit margin: 2.1% (down from 4.6% in 2Q 2024). The decrease in margin was driven by lower revenue.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.044 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.044 in 1Q 2024). Revenue: ฿1.82b (down 14% from 1Q 2024). Net income: ฿60.7m (down 49% from 1Q 2024). Profit margin: 3.3% (down from 5.7% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.04 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 16 May 2025. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (7.9%). In line with average of industry peers (5.0%).
お知らせ • Apr 19Srithai Superware Public Company Limited Appoints Pichitpol Panyapol as Non-Executive and Non-Independent Director, Effective 18 April 2025Srithai Superware Public Company Limited at its Annual General Meeting of Shareholders held on 18 April 2025, appointed Mr. Pichitpol Panyapol serving as a non-executive and non-independent Board Director.
お知らせ • Apr 18Srithai Superware Public Company Limited Approves Dividend for the Period July-December 2024, Payable on 16 May 2025Srithai Superware Public Company Limited at its Annual General Meeting of Shareholders held on 18 April 2025, approved dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders for the total amount of THB 162,594,288, representing 100.49% of net profit of the separate financial statement for the year 2024 (operating results of the period January-December 2024). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2024 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2024 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. The shareholder register book for the right to receive dividend shall be recorded on 29 April 2025. Dividend will be paid out on 16 May 2025.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿1.27, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 8x in the Packaging industry in Thailand. Total returns to shareholders of 13% over the past three years.
Declared Dividend • Feb 26Final dividend of ฿0.04 announcedDividend of ฿0.04 is the same as last year. Ex-date: 28th April 2025 Payment date: 16th May 2025 Dividend yield will be 5.5%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 55% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿0.11 (vs ฿0.14 in FY 2023)Full year 2024 results: EPS: ฿0.11 (down from ฿0.14 in FY 2023). Revenue: ฿8.08b (down 5.5% from FY 2023). Net income: ฿285.0m (down 24% from FY 2023). Profit margin: 3.5% (down from 4.4% 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 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Feb 25Srithai Superware Public Company Limited, Annual General Meeting, Apr 18, 2025Srithai Superware Public Company Limited, Annual General Meeting, Apr 18, 2025, at 14:00 SE Asia Standard Time. Location: srithai superware pcl., 15 suksawat rd., soi 36, bangpakok, rasburana, bangkok 10140 Thailand
お知らせ • Feb 24Srithai Superware Public Company Limited Proposes Dividend for the Year July - December 2024, Payable on 16 May 2025Srithai Superware Public Company Limited announced that it is deemed appropriate to propose to the Meeting of Shareholders to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders for the total amount of THB 162,594,288. Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2024 paid from unappropriated retained earnings on 6 September 2024 at the rate of THB 0.02 per share, totaling of THB 54,198,096, according to the resolution of the Board of Directors' Meeting No. 4/2024 on 8 August 2024, there remains the dividend based on operating results for the period July-December 2024 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. Record date: 29 April, 2025, Ex-dividend date: 28 April, 2025, Payment date: 16 May, 2025. Shareholder's meeting date: 18 April, 2025.
New Risk • Nov 26New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.42b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.42b market cap, or US$98.7m).
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.035 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.02 (down from ฿0.035 in 3Q 2023). Revenue: ฿1.87b (down 9.0% from 3Q 2023). Net income: ฿52.7m (down 44% from 3Q 2023). Profit margin: 2.8% (down from 4.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Nov 13Now 24% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿1.40. The fair value is estimated to be ฿1.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has grown by 29%.
Declared Dividend • Aug 10First half dividend of ฿0.02 announcedShareholders will receive a dividend of ฿0.02. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 62% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.033 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.04 (up from ฿0.033 in 2Q 2023). Revenue: ฿2.10b (down 5.8% from 2Q 2023). Net income: ฿97.0m (up 7.6% from 2Q 2023). Profit margin: 4.6% (up from 4.1% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.03 in 1Q 2023)First quarter 2024 results: EPS: ฿0.04 (up from ฿0.03 in 1Q 2023). Revenue: ฿2.11b (down 3.7% from 1Q 2023). Net income: ฿119.4m (up 46% from 1Q 2023). Profit margin: 5.7% (up from 3.7% in 1Q 2023). The increase in margin was driven by lower expenses. 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 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 27Srithai Superware Public Company Limited Approves Dividend for the Period July-December 2023, Payable on 24 May 2024Srithai Superware Public Company Limited at the AGM held on 25 April 2024, dividend based on operating results for the period July-December 2023 to be paid at the rate of THB 0.04 per share, totaling of THB 108,396,192. The shareholder register book for the right to receive dividend shall be recorded on Wednesday 8 May 2024. Dividend will be paid out on Friday 24 May 2024.
Declared Dividend • Feb 24Final dividend of ฿0.04 announcedShareholders will receive a dividend of ฿0.04. Ex-date: 7th May 2024 Payment date: 24th May 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 23Srithai Superware Public Company Limited, Annual General Meeting, Apr 25, 2024Srithai Superware Public Company Limited, Annual General Meeting, Apr 25, 2024, at 14:00 SE Asia Standard Time. Location: Convention Room on the 4th floor of Building no. 3 of Srithai Superware Public Company Limited located at 15 Suksawat Rd., Soi 36, Bangpakok, Rasburana, Bangkok 10140 Bangkok Thailand Agenda: To consider and adopt the Minutes of the Annual General Meeting of Shareholders No. 42 (of the year 2023) convened on Thursday 27 April 2023; to acknowledge the report of the Board of Directors about the operating result of the Company for the past year; to approve Statement of Financial Position and Statement of Comprehensive Income for the year ended 31 December 2023 as audited and certified by the auditors; to approve remuneration of directors for the year 2024; and to consider other matters.
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: ฿0.14 (vs ฿0.13 in FY 2022)Full year 2023 results: EPS: ฿0.14 (up from ฿0.13 in FY 2022). Revenue: ฿8.55b (down 8.8% from FY 2022). Net income: ฿372.4m (up 6.4% from FY 2022). Profit margin: 4.4% (up from 3.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 22Srithai Superware Public Company Limited Proposes Dividend for the Year 2023, Payable on 24 May 2024Srithai Superware Public Company Limited proposed to approve dividend payment from unappropriated retained earnings at the rate of THB 0.06 per share to shareholders (operating results of the period January-December 2023). Nevertheless, after the deduction of the interim dividend based on operating results for the period January-June 2023 at the rate of THB 0.02 per share, there remains the dividend based on operating results for the period July-December 2023 to be paid at the rate of THB 0.04 per share. The shareholder register book for the right to receive the dividend shall be recorded on 8 May 2024. The dividend will be paid on 24 May 2024.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Acting Vice President – Industrial Products Bee Ah was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 09Third quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.044 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.03 (down from ฿0.044 in 3Q 2022). Revenue: ฿2.05b (down 15% from 3Q 2022). Net income: ฿94.7m (down 21% from 3Q 2022). Profit margin: 4.6% (down from 5.0% 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 86% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.02 per share at 3.3% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 07 September 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (2.7%).
お知らせ • Aug 11Srithai Superware Public Company Limited Declares Interim Cash Dividend Payable on September 7, 2023Srithai Superware Public Company Limited declared interim cash dividend payment of THB 0.02 per share payable on September 7, 2023. Date of Board resolution is 10-Aug-2023. Record date for the right to receive dividends is 25-Aug-2023. Ex-dividend date is 24-Aug-2023. The dividend Payment for Common shareholders and Paid from Retained Earnings.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.038 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.038 in 2Q 2022). Revenue: ฿2.23b (down 8.7% from 2Q 2022). Net income: ฿90.2m (down 12% from 2Q 2022). Profit margin: 4.1% (down from 4.2% 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 102% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
New Risk • Jun 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.44b (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.44b market cap, or US$98.6m).
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.026 in 1Q 2022)First quarter 2023 results: EPS: ฿0.03 (up from ฿0.026 in 1Q 2022). Revenue: ฿2.19b (up 2.6% from 1Q 2022). Net income: ฿82.0m (up 17% from 1Q 2022). Profit margin: 3.7% (up from 3.3% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 02Upcoming dividend of ฿0.04 per share at 2.8% yieldEligible shareholders must have bought the stock before 08 May 2023. Payment date: 25 May 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Feb 28Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿1.52, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 13x in the Packaging industry in Thailand. Total returns to shareholders of 199% over the past three years.
Reported Earnings • Nov 08Third quarter 2022 earnings released: EPS: ฿0.044 (vs ฿0.009 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.044 (up from ฿0.009 in 3Q 2021). Revenue: ฿2.42b (up 40% from 3Q 2021). Net income: ฿119.8m (up 371% from 3Q 2021). Profit margin: 5.0% (up from 1.5% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ฿1.51, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 14x in the Packaging industry in Thailand. Total returns to shareholders of 84% over the past three years.
Reported Earnings • Aug 11Second quarter 2022 earnings released: EPS: ฿0.038 (vs ฿0.012 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.038 (up from ฿0.012 in 2Q 2021). Revenue: ฿2.44b (up 33% from 2Q 2021). Net income: ฿102.9m (up 220% from 2Q 2021). Profit margin: 4.2% (up from 1.7% 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 97% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 11First quarter 2022 earnings released: EPS: ฿0.03 (vs ฿0.023 in 1Q 2021)First quarter 2022 results: EPS: ฿0.03 (up from ฿0.023 in 1Q 2021). Revenue: ฿2.16b (up 16% from 1Q 2021). Net income: ฿70.4m (up 12% from 1Q 2021). Profit margin: 3.3% (down from 3.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 02Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 25 May 2022. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (5.1%). In line with average of industry peers (2.3%).
Board Change • Apr 27Insufficient 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. 5 highly experienced directors. CFO, Acting Head of Compliance Unit, Company Secretary, Head of Investor Relations Unit & Director Chaiwat Kulphattaravanich 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.
お知らせ • Feb 24+ 1 more updateSrithai Superware Public Company Limited, Annual General Meeting, Apr 27, 2022Srithai Superware Public Company Limited, Annual General Meeting, Apr 27, 2022, at 14:00 SE Asia Standard Time. Location: Convention Room on the 4th floor Srithai Superware Public Company Limited, located at 15 Suksawat Rd., Soi 36 Bangkok Thailand Agenda: To consider and adopt the Minutes of the Annual General Meeting of Shareholders No. 40 (of the year 2021) convened on Friday 14 May 2021; to acknowledge the report of the Board of Directors about the operating result of the Company for the past year; to approve Statement of Financial Position and Statement of Comprehensive Income for the year ended 31 December 2021 as audited and certified by the auditors; to approve appropriation of profit for the year 2021 as an additional legal reserve and dividend payment; to appoint external auditors and determine their remuneration for the year 2022; to appoint directors in place of those who have completed their terms of office; o approve remuneration of directors for the year 2022; to consider Others (if any).
Reported Earnings • Feb 23Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.067 (up from ฿0.034 loss in FY 2020). Revenue: ฿7.51b (up 9.3% from FY 2020). Net income: ฿181.2m (up ฿273.0m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.044 (vs ฿0.011 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿5.42b (up 219% from 3Q 2020). Net income: ฿120.4m (up ฿151.5m from 3Q 2020). Profit margin: 2.2% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.012 (vs ฿0.021 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.84b (up 19% from 2Q 2020). Net income: ฿32.2m (up ฿89.9m from 2Q 2020). Profit margin: 1.7% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 55% 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 17First quarter 2021 earnings released: EPS ฿0.023 (vs ฿0.013 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: ฿1.86b (down 3.5% from 1Q 2020). Net income: ฿62.7m (up 76% from 1Q 2020). Profit margin: 3.4% (up from 1.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 15New 90-day high: ฿0.71The company is up 11% from a price of ฿0.64 on 15 December 2020. Outperformed the Thai market which is up 7.0% over the last 90 days. Exceeded the Packaging industry, which is up 3.0% over the same period.
お知らせ • Feb 26Srithai Superware Public Company Limited, Annual General Meeting, Apr 29, 2021Srithai Superware Public Company Limited, Annual General Meeting, Apr 29, 2021, at 14:00 SE Asia Standard Time. Location: Convention Room on the 4th floor of Building no. 3 of Srithai Superware Public Company Limited Bangkok Thailand Agenda: To consider and adopt the Minutes of the Annual General Meeting of Shareholders No. 39 (of the year 2020) convened on 29 April 2020; to acknowledge the report of the Board of Directors about the operating result of the Company for the past year; To approve Statement of Financial Position and Statement of Comprehensive Income for the year ended 31 December 2020 as audited and certified by the auditors; to approve appropriation of profit for the year 2020 as an additional legal reserve and no dividend payment; and to consider other transactions.
Reported Earnings • Nov 13Third quarter 2020 earnings released: ฿0.012 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.70b (down 17% from 3Q 2019). Net loss: ฿31.1m (loss narrowed 40% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 106% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings.