View Future GrowthThai-German Products 過去の業績過去 基準チェック /06Thai-German Productsの収益は年間平均-45.3%の割合で減少していますが、 Metals and Mining業界の収益は年間 減少しています。収益は年間14.8% 5.4%割合で 減少しています。主要情報-45.28%収益成長率-45.30%EPS成長率Metals and Mining 業界の成長15.45%収益成長率-5.39%株主資本利益率-9.21%ネット・マージン-9.93%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Mar 05Full year 2025 earnings released: ฿0.031 loss per share (vs ฿0.034 loss in FY 2024)Full year 2025 results: ฿0.031 loss per share (improved from ฿0.034 loss in FY 2024). Revenue: ฿1.37b (down 6.4% from FY 2024). Net loss: ฿146.3m (loss narrowed 9.4% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.007 loss per share (vs ฿0.003 loss in 3Q 2024)Third quarter 2025 results: ฿0.007 loss per share (further deteriorated from ฿0.003 loss in 3Q 2024). Revenue: ฿327.6m (down 25% from 3Q 2024). Net loss: ฿35.3m (loss widened 142% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 38% per year.Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.004 loss per share (vs ฿0.009 loss in 2Q 2024)Second quarter 2025 results: ฿0.004 loss per share (improved from ฿0.009 loss in 2Q 2024). Revenue: ฿366.8m (up 12% from 2Q 2024). Net loss: ฿18.9m (loss narrowed 58% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings.お知らせ • Aug 15Thai-German Products Public Company Limited to Report First Half, 2025 Results on Aug 14, 2025Thai-German Products Public Company Limited announced that they will report first half, 2025 results on Aug 14, 2025Reported Earnings • May 17First quarter 2025 earnings released: ฿0.006 loss per share (vs ฿0.01 loss in 1Q 2024)First quarter 2025 results: ฿0.006 loss per share (improved from ฿0.01 loss in 1Q 2024). Revenue: ฿356.9m (up 3.5% from 1Q 2024). Net loss: ฿30.0m (loss narrowed 40% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 04Full year 2024 earnings released: ฿0.034 loss per share (vs ฿0.058 loss in FY 2023)Full year 2024 results: ฿0.034 loss per share (improved from ฿0.058 loss in FY 2023). Revenue: ฿1.47b (down 5.9% from FY 2023). Net loss: ฿161.5m (loss narrowed 41% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesNew Risk • Mar 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿28m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿28m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (฿188.8m market cap, or US$5.97m).Reported Earnings • Mar 05Full year 2025 earnings released: ฿0.031 loss per share (vs ฿0.034 loss in FY 2024)Full year 2025 results: ฿0.031 loss per share (improved from ฿0.034 loss in FY 2024). Revenue: ฿1.37b (down 6.4% from FY 2024). Net loss: ฿146.3m (loss narrowed 9.4% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 02Thai-German Products Public Company Limited, Annual General Meeting, Apr 10, 2026Thai-German Products Public Company Limited, Annual General Meeting, Apr 10, 2026, at 11:00 SE Asia Standard Time.Buy Or Sell Opportunity • Feb 23Now 38% overvaluedOver the last 90 days, the stock has fallen 17% to ฿0.05. The fair value is estimated to be ฿0.036, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Feb 05Now 38% overvaluedOver the last 90 days, the stock has fallen 17% to ฿0.05. The fair value is estimated to be ฿0.036, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jan 20Now 44% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿0.05. The fair value is estimated to be ฿0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.007 loss per share (vs ฿0.003 loss in 3Q 2024)Third quarter 2025 results: ฿0.007 loss per share (further deteriorated from ฿0.003 loss in 3Q 2024). Revenue: ฿327.6m (down 25% from 3Q 2024). Net loss: ฿35.3m (loss widened 142% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 38% per year.Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.004 loss per share (vs ฿0.009 loss in 2Q 2024)Second quarter 2025 results: ฿0.004 loss per share (improved from ฿0.009 loss in 2Q 2024). Revenue: ฿366.8m (up 12% from 2Q 2024). Net loss: ฿18.9m (loss narrowed 58% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings.お知らせ • Aug 15Thai-German Products Public Company Limited to Report First Half, 2025 Results on Aug 14, 2025Thai-German Products Public Company Limited announced that they will report first half, 2025 results on Aug 14, 2025Reported Earnings • May 17First quarter 2025 earnings released: ฿0.006 loss per share (vs ฿0.01 loss in 1Q 2024)First quarter 2025 results: ฿0.006 loss per share (improved from ฿0.01 loss in 1Q 2024). Revenue: ฿356.9m (up 3.5% from 1Q 2024). Net loss: ฿30.0m (loss narrowed 40% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 04Full year 2024 earnings released: ฿0.034 loss per share (vs ฿0.058 loss in FY 2023)Full year 2024 results: ฿0.034 loss per share (improved from ฿0.058 loss in FY 2023). Revenue: ฿1.47b (down 5.9% from FY 2023). Net loss: ฿161.5m (loss narrowed 41% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.お知らせ • Mar 01Thai-German Products Public Company Limited, Annual General Meeting, Apr 11, 2025Thai-German Products Public Company Limited, Annual General Meeting, Apr 11, 2025, at 11:00 SE Asia Standard Time.New Risk • Jan 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿330.4m (US$9.52m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (฿330.4m market cap, or US$9.52m).New Risk • Aug 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿330.4m (US$9.45m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (฿330.4m market cap, or US$9.45m).Reported Earnings • Aug 14Second quarter 2024 earnings released: ฿0.009 loss per share (vs ฿0.013 loss in 2Q 2023)Second quarter 2024 results: ฿0.009 loss per share (improved from ฿0.013 loss in 2Q 2023). Revenue: ฿329.0m (down 9.2% from 2Q 2023). Net loss: ฿44.8m (loss narrowed 30% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • May 17First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.008 loss in 1Q 2023)First quarter 2024 results: ฿0.01 loss per share (further deteriorated from ฿0.008 loss in 1Q 2023). Revenue: ฿344.9m (down 26% from 1Q 2023). Net loss: ฿49.5m (loss widened 36% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.058 loss per share (vs ฿0.005 profit in FY 2022)Full year 2023 results: ฿0.058 loss per share (down from ฿0.005 profit in FY 2022). Revenue: ฿1.56b (down 17% from FY 2022). Net loss: ฿272.4m (down ฿295.8m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 18Third quarter 2023 earnings released: ฿0.019 loss per share (vs ฿0.001 loss in 3Q 2022)Third quarter 2023 results: ฿0.019 loss per share (further deteriorated from ฿0.001 loss in 3Q 2022). Revenue: ฿404.6m (down 15% from 3Q 2022). Net loss: ฿87.7m (loss widened ฿83.9m from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2023 earnings released: ฿0.013 loss per share (vs ฿0.006 profit in 2Q 2022)Second quarter 2023 results: ฿0.013 loss per share (down from ฿0.006 profit in 2Q 2022). Revenue: ฿362.4m (down 29% from 2Q 2022). Net loss: ฿63.8m (down 333% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 19First quarter 2023 earnings released: ฿77.00 loss per share (vs ฿0.005 profit in 1Q 2022)First quarter 2023 results: ฿77.00 loss per share (down from ฿0.005 profit in 1Q 2022). Revenue: ฿467.2m (up 1.0% from 1Q 2022). Net loss: ฿36.3m (down 252% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Director Narongchai Akrasanee was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.007 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.006 (down from ฿0.007 in 2Q 2021). Revenue: ฿513.5m (up 19% from 2Q 2021). Net income: ฿27.4m (down 20% from 2Q 2021). Profit margin: 5.3% (down from 8.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Director Narongchai Akrasanee was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.018 (up from ฿0.012 loss in FY 2020). Revenue: ฿1.78b (up 12% from FY 2020). Net income: ฿84.3m (up ฿142.7m from FY 2020). Profit margin: 4.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) exceeded analyst estimates by 200%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.007 (vs ฿0.003 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿471.5m (up 17% from 3Q 2020). Net income: ฿31.8m (up ฿44.3m from 3Q 2020). Profit margin: 6.7% (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 increased by 17% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 18First quarter 2021 earnings released: ฿0.002 loss per share (vs ฿0.012 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: ฿380.7m (down 3.6% from 1Q 2020). Net loss: ฿8.80m (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Reported Earnings • Mar 02Full year 2020 earnings released: ฿0.012 loss per share (vs ฿0.036 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: ฿1.59b (up 5.4% from FY 2019). Net loss: ฿58.4m (loss narrowed 66% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 82% 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 15Third quarter 2020 earnings released: ฿0.003 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: ฿403.4m (down 3.6% from 3Q 2019). Net loss: ฿12.5m (loss narrowed 74% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 103% per year but the company’s share price has only fallen by 44% per year, which means it has not declined as severely as earnings.収支内訳Thai-German 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:TGPRO 収益、費用、利益 ( )THB Millions日付収益収益G+A経費研究開発費31 Mar 261,441-143275031 Dec 251,372-146277030 Sep 251,410-137276030 Jun 251,516-116278031 Mar 251,478-142274031 Dec 241,467-161275030 Sep 241,432-193278030 Jun 241,402-267275031 Mar 241,435-286267031 Dec 231,558-272265030 Sep 231,666-212254030 Jun 231,738-128260031 Mar 231,889-37270031 Dec 221,88523276030 Sep 221,94874303030 Jun 221,943110295031 Mar 221,861117286031 Dec 211,77984272030 Sep 211,68769234030 Jun 211,61925230031 Mar 211,569-9220031 Dec 201,583-58225030 Sep 201,518-123234030 Jun 201,533-158232031 Mar 201,496-205241031 Dec 191,504-172230030 Sep 191,551-125224030 Jun 191,554-75225031 Mar 191,649-24231031 Dec 181,6701235030 Sep 181,5744239030 Jun 181,6103242031 Mar 181,5724229031 Dec 171,4827229030 Sep 171,5462215030 Jun 171,47337211031 Mar 171,35753211031 Dec 161,3384218030 Sep 161,275-39209030 Jun 161,258-119197031 Mar 161,346-167197031 Dec 151,416-133186030 Sep 151,469-81205030 Jun 151,520-262060質の高い収益: TGPROは現在利益が出ていません。利益率の向上: TGPROは現在利益が出ていません。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: TGPROは利益が出ておらず、過去 5 年間で損失は年間45.3%の割合で増加しています。成長の加速: TGPROの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: TGPROは利益が出ていないため、過去 1 年間の収益成長をMetals and Mining業界 ( -9.1% ) と比較することは困難です。株主資本利益率高いROE: TGPROは現在利益が出ていないため、自己資本利益率 ( -9.21% ) はマイナスです。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2026/06/10 06:24終値2026/06/10 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Thai-German 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 05Full year 2025 earnings released: ฿0.031 loss per share (vs ฿0.034 loss in FY 2024)Full year 2025 results: ฿0.031 loss per share (improved from ฿0.034 loss in FY 2024). Revenue: ฿1.37b (down 6.4% from FY 2024). Net loss: ฿146.3m (loss narrowed 9.4% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.007 loss per share (vs ฿0.003 loss in 3Q 2024)Third quarter 2025 results: ฿0.007 loss per share (further deteriorated from ฿0.003 loss in 3Q 2024). Revenue: ฿327.6m (down 25% from 3Q 2024). Net loss: ฿35.3m (loss widened 142% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 38% per year.
Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.004 loss per share (vs ฿0.009 loss in 2Q 2024)Second quarter 2025 results: ฿0.004 loss per share (improved from ฿0.009 loss in 2Q 2024). Revenue: ฿366.8m (up 12% from 2Q 2024). Net loss: ฿18.9m (loss narrowed 58% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 15Thai-German Products Public Company Limited to Report First Half, 2025 Results on Aug 14, 2025Thai-German Products Public Company Limited announced that they will report first half, 2025 results on Aug 14, 2025
Reported Earnings • May 17First quarter 2025 earnings released: ฿0.006 loss per share (vs ฿0.01 loss in 1Q 2024)First quarter 2025 results: ฿0.006 loss per share (improved from ฿0.01 loss in 1Q 2024). Revenue: ฿356.9m (up 3.5% from 1Q 2024). Net loss: ฿30.0m (loss narrowed 40% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 04Full year 2024 earnings released: ฿0.034 loss per share (vs ฿0.058 loss in FY 2023)Full year 2024 results: ฿0.034 loss per share (improved from ฿0.058 loss in FY 2023). Revenue: ฿1.47b (down 5.9% from FY 2023). Net loss: ฿161.5m (loss narrowed 41% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
New Risk • Mar 05New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿28m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿28m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 45% per year over the past 5 years. Market cap is less than US$10m (฿188.8m market cap, or US$5.97m).
Reported Earnings • Mar 05Full year 2025 earnings released: ฿0.031 loss per share (vs ฿0.034 loss in FY 2024)Full year 2025 results: ฿0.031 loss per share (improved from ฿0.034 loss in FY 2024). Revenue: ฿1.37b (down 6.4% from FY 2024). Net loss: ฿146.3m (loss narrowed 9.4% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 43% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 02Thai-German Products Public Company Limited, Annual General Meeting, Apr 10, 2026Thai-German Products Public Company Limited, Annual General Meeting, Apr 10, 2026, at 11:00 SE Asia Standard Time.
Buy Or Sell Opportunity • Feb 23Now 38% overvaluedOver the last 90 days, the stock has fallen 17% to ฿0.05. The fair value is estimated to be ฿0.036, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Feb 05Now 38% overvaluedOver the last 90 days, the stock has fallen 17% to ฿0.05. The fair value is estimated to be ฿0.036, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jan 20Now 44% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿0.05. The fair value is estimated to be ฿0.035, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.007 loss per share (vs ฿0.003 loss in 3Q 2024)Third quarter 2025 results: ฿0.007 loss per share (further deteriorated from ฿0.003 loss in 3Q 2024). Revenue: ฿327.6m (down 25% from 3Q 2024). Net loss: ฿35.3m (loss widened 142% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 38% per year.
Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.004 loss per share (vs ฿0.009 loss in 2Q 2024)Second quarter 2025 results: ฿0.004 loss per share (improved from ฿0.009 loss in 2Q 2024). Revenue: ฿366.8m (up 12% from 2Q 2024). Net loss: ฿18.9m (loss narrowed 58% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 39% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 15Thai-German Products Public Company Limited to Report First Half, 2025 Results on Aug 14, 2025Thai-German Products Public Company Limited announced that they will report first half, 2025 results on Aug 14, 2025
Reported Earnings • May 17First quarter 2025 earnings released: ฿0.006 loss per share (vs ฿0.01 loss in 1Q 2024)First quarter 2025 results: ฿0.006 loss per share (improved from ฿0.01 loss in 1Q 2024). Revenue: ฿356.9m (up 3.5% from 1Q 2024). Net loss: ฿30.0m (loss narrowed 40% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 35 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 04Full year 2024 earnings released: ฿0.034 loss per share (vs ฿0.058 loss in FY 2023)Full year 2024 results: ฿0.034 loss per share (improved from ฿0.058 loss in FY 2023). Revenue: ฿1.47b (down 5.9% from FY 2023). Net loss: ฿161.5m (loss narrowed 41% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 01Thai-German Products Public Company Limited, Annual General Meeting, Apr 11, 2025Thai-German Products Public Company Limited, Annual General Meeting, Apr 11, 2025, at 11:00 SE Asia Standard Time.
New Risk • Jan 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿330.4m (US$9.52m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 16% per year over the past 5 years. Market cap is less than US$10m (฿330.4m market cap, or US$9.52m).
New Risk • Aug 15New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿330.4m (US$9.45m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 12% per year over the past 5 years. Market cap is less than US$10m (฿330.4m market cap, or US$9.45m).
Reported Earnings • Aug 14Second quarter 2024 earnings released: ฿0.009 loss per share (vs ฿0.013 loss in 2Q 2023)Second quarter 2024 results: ฿0.009 loss per share (improved from ฿0.013 loss in 2Q 2023). Revenue: ฿329.0m (down 9.2% from 2Q 2023). Net loss: ฿44.8m (loss narrowed 30% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 17First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.008 loss in 1Q 2023)First quarter 2024 results: ฿0.01 loss per share (further deteriorated from ฿0.008 loss in 1Q 2023). Revenue: ฿344.9m (down 26% from 1Q 2023). Net loss: ฿49.5m (loss widened 36% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.058 loss per share (vs ฿0.005 profit in FY 2022)Full year 2023 results: ฿0.058 loss per share (down from ฿0.005 profit in FY 2022). Revenue: ฿1.56b (down 17% from FY 2022). Net loss: ฿272.4m (down ฿295.8m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 18Third quarter 2023 earnings released: ฿0.019 loss per share (vs ฿0.001 loss in 3Q 2022)Third quarter 2023 results: ฿0.019 loss per share (further deteriorated from ฿0.001 loss in 3Q 2022). Revenue: ฿404.6m (down 15% from 3Q 2022). Net loss: ฿87.7m (loss widened ฿83.9m from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2023 earnings released: ฿0.013 loss per share (vs ฿0.006 profit in 2Q 2022)Second quarter 2023 results: ฿0.013 loss per share (down from ฿0.006 profit in 2Q 2022). Revenue: ฿362.4m (down 29% from 2Q 2022). Net loss: ฿63.8m (down 333% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 19First quarter 2023 earnings released: ฿77.00 loss per share (vs ฿0.005 profit in 1Q 2022)First quarter 2023 results: ฿77.00 loss per share (down from ฿0.005 profit in 1Q 2022). Revenue: ฿467.2m (up 1.0% from 1Q 2022). Net loss: ฿36.3m (down 252% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Director Narongchai Akrasanee was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.007 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.006 (down from ฿0.007 in 2Q 2021). Revenue: ฿513.5m (up 19% from 2Q 2021). Net income: ฿27.4m (down 20% from 2Q 2021). Profit margin: 5.3% (down from 8.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Director Narongchai Akrasanee was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.018 (up from ฿0.012 loss in FY 2020). Revenue: ฿1.78b (up 12% from FY 2020). Net income: ฿84.3m (up ฿142.7m from FY 2020). Profit margin: 4.7% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) exceeded analyst estimates by 200%. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.007 (vs ฿0.003 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿471.5m (up 17% from 3Q 2020). Net income: ฿31.8m (up ฿44.3m from 3Q 2020). Profit margin: 6.7% (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 increased by 17% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 18First quarter 2021 earnings released: ฿0.002 loss per share (vs ฿0.012 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: ฿380.7m (down 3.6% from 1Q 2020). Net loss: ฿8.80m (loss narrowed 85% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 02Full year 2020 earnings released: ฿0.012 loss per share (vs ฿0.036 loss in FY 2019)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2020 results: Revenue: ฿1.59b (up 5.4% from FY 2019). Net loss: ฿58.4m (loss narrowed 66% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 82% 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 15Third quarter 2020 earnings released: ฿0.003 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: ฿403.4m (down 3.6% from 3Q 2019). Net loss: ฿12.5m (loss narrowed 74% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 103% per year but the company’s share price has only fallen by 44% per year, which means it has not declined as severely as earnings.