View Future GrowthWorld Flex 過去の業績過去 基準チェック /06World Flexの収益は年間平均-56.1%の割合で減少していますが、 Chemicals業界の収益は年間 増加しています。収益は年間6.7% 7.8%割合で 減少しています。主要情報-56.14%収益成長率-58.67%EPS成長率Chemicals 業界の成長8.05%収益成長率-7.79%株主資本利益率-4.13%ネット・マージン-3.47%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.01 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.01 loss in 1Q 2025). Revenue: ฿523.8m (down 14% from 1Q 2025). Net income: ฿10.7m (up ฿15.2m from 1Q 2025). Profit margin: 2.0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 01Full year 2025 earnings released: ฿0.19 loss per share (vs ฿0.28 loss in FY 2024)Full year 2025 results: ฿0.19 loss per share (improved from ฿0.28 loss in FY 2024). Revenue: ฿2.16b (down 30% from FY 2024). Net loss: ฿87.0m (loss narrowed 33% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 44% per year.Reported Earnings • Nov 14Third quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.096 loss in 3Q 2024)Third quarter 2025 results: ฿0.03 loss per share (improved from ฿0.096 loss in 3Q 2024). Revenue: ฿515.1m (down 34% from 3Q 2024). Net loss: ฿12.4m (loss narrowed 72% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2025 earnings released: ฿0.11 loss per share (vs ฿0.056 loss in 2Q 2024)Second quarter 2025 results: ฿0.11 loss per share (further deteriorated from ฿0.056 loss in 2Q 2024). Revenue: ฿537.2m (down 27% from 2Q 2024). Net loss: ฿50.6m (loss widened 94% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2025 earnings released: ฿0.01 loss per share (vs ฿0.10 loss in 1Q 2024)First quarter 2025 results: ฿0.01 loss per share (improved from ฿0.10 loss in 1Q 2024). Revenue: ฿612.7m (down 20% from 1Q 2024). Net loss: ฿4.48m (loss narrowed 90% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 20Full year 2024 earnings released: ฿0.28 loss per share (vs ฿0.30 loss in FY 2023)Full year 2024 results: ฿0.28 loss per share (improved from ฿0.30 loss in FY 2023). Revenue: ฿3.08b (up 12% from FY 2023). Net loss: ฿130.4m (loss narrowed 7.7% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.01 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.01 loss in 1Q 2025). Revenue: ฿523.8m (down 14% from 1Q 2025). Net income: ฿10.7m (up ฿15.2m from 1Q 2025). Profit margin: 2.0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 01Full year 2025 earnings released: ฿0.19 loss per share (vs ฿0.28 loss in FY 2024)Full year 2025 results: ฿0.19 loss per share (improved from ฿0.28 loss in FY 2024). Revenue: ฿2.16b (down 30% from FY 2024). Net loss: ฿87.0m (loss narrowed 33% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 44% per year.お知らせ • Feb 25World Flex Public Company Limited, Annual General Meeting, Apr 21, 2026World Flex Public Company Limited, Annual General Meeting, Apr 21, 2026, at 14:00 SE Asia Standard Time.New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (฿394.6m market cap, or US$12.6m).New Risk • Jan 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿311.0m (US$9.93m) 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 Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (฿311.0m market cap, or US$9.93m).Reported Earnings • Nov 14Third quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.096 loss in 3Q 2024)Third quarter 2025 results: ฿0.03 loss per share (improved from ฿0.096 loss in 3Q 2024). Revenue: ฿515.1m (down 34% from 3Q 2024). Net loss: ฿12.4m (loss narrowed 72% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.New Risk • Sep 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (฿473.5m market cap, or US$14.9m).Reported Earnings • Aug 15Second quarter 2025 earnings released: ฿0.11 loss per share (vs ฿0.056 loss in 2Q 2024)Second quarter 2025 results: ฿0.11 loss per share (further deteriorated from ฿0.056 loss in 2Q 2024). Revenue: ฿537.2m (down 27% from 2Q 2024). Net loss: ฿50.6m (loss widened 94% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.New Risk • Jun 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿324.9m (US$9.95m) 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 Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (฿324.9m market cap, or US$9.95m).Reported Earnings • May 16First quarter 2025 earnings released: ฿0.01 loss per share (vs ฿0.10 loss in 1Q 2024)First quarter 2025 results: ฿0.01 loss per share (improved from ฿0.10 loss in 1Q 2024). Revenue: ฿612.7m (down 20% from 1Q 2024). Net loss: ฿4.48m (loss narrowed 90% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 20Full year 2024 earnings released: ฿0.28 loss per share (vs ฿0.30 loss in FY 2023)Full year 2024 results: ฿0.28 loss per share (improved from ฿0.30 loss in FY 2023). Revenue: ฿3.08b (up 12% from FY 2023). Net loss: ฿130.4m (loss narrowed 7.7% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.お知らせ • Feb 19World Flex Public Company Limited, Annual General Meeting, Apr 23, 2025World Flex Public Company Limited, Annual General Meeting, Apr 23, 2025, at 14:00 SE Asia Standard Time.Reported Earnings • Nov 09Third quarter 2024 earnings released: ฿0.10 loss per share (vs ฿0.083 loss in 3Q 2023)Third quarter 2024 results: ฿0.10 loss per share (further deteriorated from ฿0.083 loss in 3Q 2023). Revenue: ฿777.5m (up 10% from 3Q 2023). Net loss: ฿44.5m (loss widened 16% from 3Q 2023).Reported Earnings • Aug 08Second quarter 2024 earnings released: ฿0.06 loss per share (vs ฿0.083 loss in 2Q 2023)Second quarter 2024 results: ฿0.06 loss per share (improved from ฿0.083 loss in 2Q 2023). Revenue: ฿755.2m (up 23% from 2Q 2023). Net loss: ฿26.1m (loss narrowed 33% from 2Q 2023).New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (฿877.3m market cap, or US$23.9m).Reported Earnings • May 09First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ฿773.8m (up 17% from 1Q 2023). Net loss: ฿46.8m (loss widened 18% from 1Q 2023).お知らせ • Apr 26World Flex Public Company Limited Approves Omission of Dividend for 2023World Flex Public Company Limited at its AGM held on April 24, 2024, approved dividend payment omission for the year 2023.お知らせ • Feb 22+ 2 more updatesWorld Flex Public Company Limited, Annual General Meeting, Apr 24, 2024World Flex Public Company Limited, Annual General Meeting, Apr 24, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the report of the company's operating results for the year 2023; to consider and approve the financial statements for the fiscal period ending on 31 december 2023; to consider and approve the omission of profit as legal reserve and omission payment dividend according to the operation results in the year 2023; to approve appointment of directors to replace the directors who will retire by rotation; and to consider other business matters.Reported Earnings • Feb 22Full year 2023 earnings released: ฿0.30 loss per share (vs ฿0.43 profit in FY 2022)Full year 2023 results: ฿0.30 loss per share (down from ฿0.43 profit in FY 2022). Revenue: ฿2.76b (down 26% from FY 2022). Net loss: ฿141.2m (down 171% from profit in FY 2022).お知らせ • Feb 20World Flex Public Company Limited Appoints Kittiya Pliksang as Acting Chief AccountantWorld Flex Public Company Limited announced the appointment of Miss Kittiya Pliksang as acting chief accountant. Effective date of appointment is 31 January 2024.お知らせ • Feb 16World Flex Public Company Limited Announces Termination of Nanthana Sriraksa as Acting Chief AccountantWorld Flex Public Company Limited announced termination of Miss Nanthana Sriraksa as Acting Chief Accountant. Effective Date of Termination is January 31, 2024.お知らせ • Jan 30World Flex Public Company Limited Announces Board and Committee ChangesWorld Flex Public Company Limited announced that at its board meeting held on January 25, 2024, approved the appointment of Mr. Surapong Rongsirikul as an independent director, audit committee member, and chairman of the audit committee, replacing Mr. Banlue Chanthadisai, who resigned. This appointment shall be effective from 25 January 2024 onwards.Buy Or Sell Opportunity • Jan 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to ฿2.02. The fair value is estimated to be ฿2.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 09Third quarter 2023 earnings released: ฿0.081 loss per share (vs ฿0.009 profit in 3Q 2022)Third quarter 2023 results: ฿0.081 loss per share (down from ฿0.009 profit in 3Q 2022). Revenue: ฿704.3m (up 2.6% from 3Q 2022). Net loss: ฿38.5m (down ฿42.8m from profit in 3Q 2022).Buying Opportunity • Nov 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be ฿2.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last year. Meanwhile, the company became loss making.Buying Opportunity • Oct 20Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be ฿2.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last year. Meanwhile, the company became loss making.Reported Earnings • Aug 12Second quarter 2023 earnings released: ฿0.08 loss per share (vs ฿0.16 profit in 2Q 2022)Second quarter 2023 results: ฿0.08 loss per share (down from ฿0.16 profit in 2Q 2022). Revenue: ฿614.8m (down 39% from 2Q 2022). Net loss: ฿38.7m (down 153% from profit in 2Q 2022).New Risk • Jun 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 205% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (฿1.20b market cap, or US$33.6m).Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿3.18, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Chemicals industry in Thailand. Total loss to shareholders of 57% over the past year.お知らせ • May 09World Flex Public Company Limited Announces the Resignation of Sintuphan Supreeya as CFOWorld Flex Public Company Limited announced the resignation of Sintuphan Supreeya as CFO, effective May 1, 2023.Upcoming Dividend • Apr 18Upcoming dividend of ฿0.21 per share at 4.7% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (2.9%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Chairman of the Board Bunyong Visetmongkolchai was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.29 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.01 (down from ฿0.29 in 3Q 2021). Revenue: ฿686.7m (down 29% from 3Q 2021). Net income: ฿4.29m (down 95% from 3Q 2021). Profit margin: 0.6% (down from 9.6% in 3Q 2021). The decrease in margin was driven by lower revenue.Buying Opportunity • Nov 10Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be ฿6.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 234%.Buying Opportunity • Sep 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be ฿7.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 234%.お知らせ • May 13World Flex Public Company Board Appoints Bunyong Visetmongkolchai as the Chairman of the BoardThe Board of Directors' meeting of World Flex Public Company Limited (the"Company") No.2/2565 held on Tuesday 11 May 2022, has reached important resolutions which can be summarized as follows: 1. Resolved to appoint Mr. Bunyong Visetmongkolchai as the Chairman of the Board of Directors. In this regard, the above appointment of the Chairman of the Board of Directors shall be effective from 11 May 2022 onwards.お知らせ • Apr 07World Flex Public Company Limited, Annual General Meeting, Apr 20, 2022World Flex Public Company Limited, Annual General Meeting, Apr 20, 2022, at 14:00 SE Asia Standard Time.Upcoming Dividend • Mar 03Upcoming dividend of ฿0.24 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 5.9%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (4.1%).お知らせ • Feb 25World Flex Public Company Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 5 May 2022World Flex Public Company Limited at its board meeting held on February 23, 2022, proposed to pay the final dividends at the rate of THB 0.145 per share by paying from the net profit. The non-BOl is THB 0.115 per share and the BOI Is THB 0.13, totaling THB 113.72 million. The record date for shareholders to have the rights for receiving dividend for the year ended 31 December 2021 will be on 11 March 2022. The date of dividend payment will be on 5 May 2022. In this regard, the rights to receive dividend is uncertain as it has not been yet approved by shareholders.Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿1.10 (up from ฿0.19 in FY 2020). Revenue: ฿3.78b (up 58% from FY 2020). Net income: ฿359.1m (up ฿301.3m from FY 2020). Profit margin: 9.5% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates.収支内訳World Flex 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:WFX 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 262,073-7289031 Dec 252,161-8789030 Sep 252,463-8185030 Jun 252,725-11383031 Mar 252,916-8884031 Dec 243,077-13084030 Sep 243,066-14289030 Jun 242,993-13693031 Mar 242,875-14893031 Dec 232,771-14193030 Sep 232,857-108100030 Jun 232,840-6597031 Mar 233,23248109031 Dec 223,707198143030 Sep 224,018360203030 Jun 224,299449250031 Mar 224,195430260031 Dec 213,777359233030 Sep 213,278187189030 Jun 212,925107147031 Mar 212,57375120031 Dec 202,40358108031 Dec 192,041864031 Dec 181,838191,813031 Dec 171,73021,7250質の高い収益: WFXは現在利益が出ていません。利益率の向上: WFX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: WFXは利益が出ておらず、過去 5 年間で損失は年間56.1%の割合で増加しています。成長の加速: WFX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: WFXは利益が出ていないため、過去 1 年間の収益成長をChemicals業界 ( 14.3% ) と比較することは困難です。株主資本利益率高いROE: WFXは現在利益が出ていないため、自己資本利益率 ( -4.13% ) 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2026/05/20 00:50終値2026/05/20 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World Flex 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。0
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.01 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.01 loss in 1Q 2025). Revenue: ฿523.8m (down 14% from 1Q 2025). Net income: ฿10.7m (up ฿15.2m from 1Q 2025). Profit margin: 2.0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 01Full year 2025 earnings released: ฿0.19 loss per share (vs ฿0.28 loss in FY 2024)Full year 2025 results: ฿0.19 loss per share (improved from ฿0.28 loss in FY 2024). Revenue: ฿2.16b (down 30% from FY 2024). Net loss: ฿87.0m (loss narrowed 33% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 44% per year.
Reported Earnings • Nov 14Third quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.096 loss in 3Q 2024)Third quarter 2025 results: ฿0.03 loss per share (improved from ฿0.096 loss in 3Q 2024). Revenue: ฿515.1m (down 34% from 3Q 2024). Net loss: ฿12.4m (loss narrowed 72% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2025 earnings released: ฿0.11 loss per share (vs ฿0.056 loss in 2Q 2024)Second quarter 2025 results: ฿0.11 loss per share (further deteriorated from ฿0.056 loss in 2Q 2024). Revenue: ฿537.2m (down 27% from 2Q 2024). Net loss: ฿50.6m (loss widened 94% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2025 earnings released: ฿0.01 loss per share (vs ฿0.10 loss in 1Q 2024)First quarter 2025 results: ฿0.01 loss per share (improved from ฿0.10 loss in 1Q 2024). Revenue: ฿612.7m (down 20% from 1Q 2024). Net loss: ฿4.48m (loss narrowed 90% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 20Full year 2024 earnings released: ฿0.28 loss per share (vs ฿0.30 loss in FY 2023)Full year 2024 results: ฿0.28 loss per share (improved from ฿0.30 loss in FY 2023). Revenue: ฿3.08b (up 12% from FY 2023). Net loss: ฿130.4m (loss narrowed 7.7% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿0.02 (vs ฿0.01 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.02 (up from ฿0.01 loss in 1Q 2025). Revenue: ฿523.8m (down 14% from 1Q 2025). Net income: ฿10.7m (up ฿15.2m from 1Q 2025). Profit margin: 2.0% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 29% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 01Full year 2025 earnings released: ฿0.19 loss per share (vs ฿0.28 loss in FY 2024)Full year 2025 results: ฿0.19 loss per share (improved from ฿0.28 loss in FY 2024). Revenue: ฿2.16b (down 30% from FY 2024). Net loss: ฿87.0m (loss narrowed 33% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year whereas the company’s share price has fallen by 44% per year.
お知らせ • Feb 25World Flex Public Company Limited, Annual General Meeting, Apr 21, 2026World Flex Public Company Limited, Annual General Meeting, Apr 21, 2026, at 14:00 SE Asia Standard Time.
New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (฿394.6m market cap, or US$12.6m).
New Risk • Jan 22New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿311.0m (US$9.93m) 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 Earnings have declined by 55% per year over the past 5 years. Market cap is less than US$10m (฿311.0m market cap, or US$9.93m).
Reported Earnings • Nov 14Third quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.096 loss in 3Q 2024)Third quarter 2025 results: ฿0.03 loss per share (improved from ฿0.096 loss in 3Q 2024). Revenue: ฿515.1m (down 34% from 3Q 2024). Net loss: ฿12.4m (loss narrowed 72% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.
New Risk • Sep 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 57% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (฿473.5m market cap, or US$14.9m).
Reported Earnings • Aug 15Second quarter 2025 earnings released: ฿0.11 loss per share (vs ฿0.056 loss in 2Q 2024)Second quarter 2025 results: ฿0.11 loss per share (further deteriorated from ฿0.056 loss in 2Q 2024). Revenue: ฿537.2m (down 27% from 2Q 2024). Net loss: ฿50.6m (loss widened 94% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
New Risk • Jun 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿324.9m (US$9.95m) 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 Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (฿324.9m market cap, or US$9.95m).
Reported Earnings • May 16First quarter 2025 earnings released: ฿0.01 loss per share (vs ฿0.10 loss in 1Q 2024)First quarter 2025 results: ฿0.01 loss per share (improved from ฿0.10 loss in 1Q 2024). Revenue: ฿612.7m (down 20% from 1Q 2024). Net loss: ฿4.48m (loss narrowed 90% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 20Full year 2024 earnings released: ฿0.28 loss per share (vs ฿0.30 loss in FY 2023)Full year 2024 results: ฿0.28 loss per share (improved from ฿0.30 loss in FY 2023). Revenue: ฿3.08b (up 12% from FY 2023). Net loss: ฿130.4m (loss narrowed 7.7% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 19World Flex Public Company Limited, Annual General Meeting, Apr 23, 2025World Flex Public Company Limited, Annual General Meeting, Apr 23, 2025, at 14:00 SE Asia Standard Time.
Reported Earnings • Nov 09Third quarter 2024 earnings released: ฿0.10 loss per share (vs ฿0.083 loss in 3Q 2023)Third quarter 2024 results: ฿0.10 loss per share (further deteriorated from ฿0.083 loss in 3Q 2023). Revenue: ฿777.5m (up 10% from 3Q 2023). Net loss: ฿44.5m (loss widened 16% from 3Q 2023).
Reported Earnings • Aug 08Second quarter 2024 earnings released: ฿0.06 loss per share (vs ฿0.083 loss in 2Q 2023)Second quarter 2024 results: ฿0.06 loss per share (improved from ฿0.083 loss in 2Q 2023). Revenue: ฿755.2m (up 23% from 2Q 2023). Net loss: ฿26.1m (loss narrowed 33% from 2Q 2023).
New Risk • May 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.1% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (฿877.3m market cap, or US$23.9m).
Reported Earnings • May 09First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: ฿773.8m (up 17% from 1Q 2023). Net loss: ฿46.8m (loss widened 18% from 1Q 2023).
お知らせ • Apr 26World Flex Public Company Limited Approves Omission of Dividend for 2023World Flex Public Company Limited at its AGM held on April 24, 2024, approved dividend payment omission for the year 2023.
お知らせ • Feb 22+ 2 more updatesWorld Flex Public Company Limited, Annual General Meeting, Apr 24, 2024World Flex Public Company Limited, Annual General Meeting, Apr 24, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the report of the company's operating results for the year 2023; to consider and approve the financial statements for the fiscal period ending on 31 december 2023; to consider and approve the omission of profit as legal reserve and omission payment dividend according to the operation results in the year 2023; to approve appointment of directors to replace the directors who will retire by rotation; and to consider other business matters.
Reported Earnings • Feb 22Full year 2023 earnings released: ฿0.30 loss per share (vs ฿0.43 profit in FY 2022)Full year 2023 results: ฿0.30 loss per share (down from ฿0.43 profit in FY 2022). Revenue: ฿2.76b (down 26% from FY 2022). Net loss: ฿141.2m (down 171% from profit in FY 2022).
お知らせ • Feb 20World Flex Public Company Limited Appoints Kittiya Pliksang as Acting Chief AccountantWorld Flex Public Company Limited announced the appointment of Miss Kittiya Pliksang as acting chief accountant. Effective date of appointment is 31 January 2024.
お知らせ • Feb 16World Flex Public Company Limited Announces Termination of Nanthana Sriraksa as Acting Chief AccountantWorld Flex Public Company Limited announced termination of Miss Nanthana Sriraksa as Acting Chief Accountant. Effective Date of Termination is January 31, 2024.
お知らせ • Jan 30World Flex Public Company Limited Announces Board and Committee ChangesWorld Flex Public Company Limited announced that at its board meeting held on January 25, 2024, approved the appointment of Mr. Surapong Rongsirikul as an independent director, audit committee member, and chairman of the audit committee, replacing Mr. Banlue Chanthadisai, who resigned. This appointment shall be effective from 25 January 2024 onwards.
Buy Or Sell Opportunity • Jan 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.8% to ฿2.02. The fair value is estimated to be ฿2.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 09Third quarter 2023 earnings released: ฿0.081 loss per share (vs ฿0.009 profit in 3Q 2022)Third quarter 2023 results: ฿0.081 loss per share (down from ฿0.009 profit in 3Q 2022). Revenue: ฿704.3m (up 2.6% from 3Q 2022). Net loss: ฿38.5m (down ฿42.8m from profit in 3Q 2022).
Buying Opportunity • Nov 07Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be ฿2.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last year. Meanwhile, the company became loss making.
Buying Opportunity • Oct 20Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be ฿2.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last year. Meanwhile, the company became loss making.
Reported Earnings • Aug 12Second quarter 2023 earnings released: ฿0.08 loss per share (vs ฿0.16 profit in 2Q 2022)Second quarter 2023 results: ฿0.08 loss per share (down from ฿0.16 profit in 2Q 2022). Revenue: ฿614.8m (down 39% from 2Q 2022). Net loss: ฿38.7m (down 153% from profit in 2Q 2022).
New Risk • Jun 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 205% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (฿1.20b market cap, or US$33.6m).
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿3.18, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Chemicals industry in Thailand. Total loss to shareholders of 57% over the past year.
お知らせ • May 09World Flex Public Company Limited Announces the Resignation of Sintuphan Supreeya as CFOWorld Flex Public Company Limited announced the resignation of Sintuphan Supreeya as CFO, effective May 1, 2023.
Upcoming Dividend • Apr 18Upcoming dividend of ฿0.21 per share at 4.7% yieldEligible shareholders must have bought the stock before 25 April 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 4.7%. Lower than top quartile of Thai dividend payers (5.9%). Higher than average of industry peers (2.9%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Chairman of the Board Bunyong Visetmongkolchai was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.29 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.01 (down from ฿0.29 in 3Q 2021). Revenue: ฿686.7m (down 29% from 3Q 2021). Net income: ฿4.29m (down 95% from 3Q 2021). Profit margin: 0.6% (down from 9.6% in 3Q 2021). The decrease in margin was driven by lower revenue.
Buying Opportunity • Nov 10Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be ฿6.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 234%.
Buying Opportunity • Sep 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be ฿7.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last year. Earnings per share has grown by 234%.
お知らせ • May 13World Flex Public Company Board Appoints Bunyong Visetmongkolchai as the Chairman of the BoardThe Board of Directors' meeting of World Flex Public Company Limited (the"Company") No.2/2565 held on Tuesday 11 May 2022, has reached important resolutions which can be summarized as follows: 1. Resolved to appoint Mr. Bunyong Visetmongkolchai as the Chairman of the Board of Directors. In this regard, the above appointment of the Chairman of the Board of Directors shall be effective from 11 May 2022 onwards.
お知らせ • Apr 07World Flex Public Company Limited, Annual General Meeting, Apr 20, 2022World Flex Public Company Limited, Annual General Meeting, Apr 20, 2022, at 14:00 SE Asia Standard Time.
Upcoming Dividend • Mar 03Upcoming dividend of ฿0.24 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 05 May 2022. Payout ratio is a comfortable 42% but the company is not cash flow positive. Trailing yield: 5.9%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (4.1%).
お知らせ • Feb 25World Flex Public Company Limited Proposes Final Dividend for the Year Ended 31 December 2021, Payable on 5 May 2022World Flex Public Company Limited at its board meeting held on February 23, 2022, proposed to pay the final dividends at the rate of THB 0.145 per share by paying from the net profit. The non-BOl is THB 0.115 per share and the BOI Is THB 0.13, totaling THB 113.72 million. The record date for shareholders to have the rights for receiving dividend for the year ended 31 December 2021 will be on 11 March 2022. The date of dividend payment will be on 5 May 2022. In this regard, the rights to receive dividend is uncertain as it has not been yet approved by shareholders.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿1.10 (up from ฿0.19 in FY 2020). Revenue: ฿3.78b (up 58% from FY 2020). Net income: ฿359.1m (up ฿301.3m from FY 2020). Profit margin: 9.5% (up from 2.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates.