View Financial HealthHana Microelectronics 配当と自社株買い配当金 基準チェック /16Hana Microelectronicsは配当を支払う会社で、現在の利回りは2.88%です。次の支払い日は 19th May, 2026で、権利落ち日は16th March, 2026 。主要情報2.9%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り3.3%配当成長-9.6%次回配当支払日19 May 26配当落ち日16 Mar 26一株当たり配当金n/a配当性向132%最近の配当と自社株買いの更新Declared Dividend • Mar 01Final dividend of ฿0.75 announcedShareholders will receive a dividend of ฿0.75. Ex-date: 16th March 2026 Payment date: 19th May 2026 Dividend yield will be 5.5%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.Declared Dividend • Nov 14Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 27th November 2025 Payment date: 12th December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Apr 30Hana Microelectronics Public Company Limited Approves Annual Dividend Payment for the Year 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at 2025 Annual General Meeting of Shareholders on 30 April 2025 approved the annual dividend payment for the year 2024 at the rate of THB 0.50 per share to be paid on 19 May 2025. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2024 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.Declared Dividend • Mar 01Final dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 13th March 2025 Payment date: 19th May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 283% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 27Hana Microelectronics Public Company Limited Proposes Cash Dividend Payment for the Financial Year Ended 31 December 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at its board meeting held on recommends to shareholders to approve the final dividend payment of THB 0.50 per share and acknowledge the interim dividend payment on 13 December 2024 at a rate of THB 0.25 per share. Therefore, the total dividend payment for the financial year ending 31 December 2024 will be proposed at THB 0.75 per share. However, the right to receive the final dividend depends on the resolution of the Annual General Meeting of shareholders. Record date for the right to receive dividends: 14 March 2025; Ex-dividend date: 13 March 2025. Payment date: 19 May 2025.お知らせ • May 01Hana Microelectronics Public Company Limited Approves Dividend for the Year 2023, Payable on 17 May 2024Hana Microelectronics Public Company Limited at its AGM held on April 30, 2024, approved the annual dividend payment for the year 2023 at the rate of THB 0.50 per share to be paid on 17 May 2024. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2023 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.すべての更新を表示Recent updatesNew Risk • Apr 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿32.75, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 12% over the past three years.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿28.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 37% over the past three years.Price Target Changed • Mar 07Price target increased by 8.6% to ฿23.92Up from ฿22.03, the current price target is an average from 12 analysts. New target price is 12% above last closing price of ฿21.40. Stock is up 27% over the past year. The company is forecast to post earnings per share of ฿1.02 for next year compared to ฿0.76 last year.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿21.40, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿8.72 per share.Buy Or Sell Opportunity • Mar 02Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to ฿19.20. The fair value is estimated to be ฿15.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.76 (vs ฿0.72 loss in FY 2024)Full year 2025 results: EPS: ฿0.76 (up from ฿0.72 loss in FY 2024). Revenue: ฿21.2b (down 17% from FY 2024). Net income: ฿670.4m (up ฿1.30b from FY 2024). Profit margin: 3.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.Declared Dividend • Mar 01Final dividend of ฿0.75 announcedShareholders will receive a dividend of ฿0.75. Ex-date: 16th March 2026 Payment date: 19th May 2026 Dividend yield will be 5.5%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.Price Target Changed • Jan 22Price target decreased by 7.3% to ฿22.03Down from ฿23.76, the current price target is an average from 13 analysts. New target price is 27% above last closing price of ฿17.40. Stock is down 28% over the past year. The company is forecast to post earnings per share of ฿0.70 next year compared to a net loss per share of ฿0.72 last year.Buy Or Sell Opportunity • Jan 16Now 20% overvaluedOver the last 90 days, the stock has fallen 30% to ฿16.40. The fair value is estimated to be ฿13.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Meanwhile, the company became loss making.Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Sunun Thongbai was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Price Target Changed • Nov 25Price target decreased by 8.1% to ฿24.47Down from ฿26.63, the current price target is an average from 13 analysts. New target price is 48% above last closing price of ฿16.50. Stock is down 42% over the past year. The company is forecast to post earnings per share of ฿0.73 next year compared to a net loss per share of ฿0.72 last year.Price Target Changed • Nov 21Price target decreased by 8.7% to ฿25.23Down from ฿27.63, the current price target is an average from 13 analysts. New target price is 55% above last closing price of ฿16.30. Stock is down 41% over the past year. The company is forecast to post earnings per share of ฿0.72 next year compared to a net loss per share of ฿0.72 last year.Declared Dividend • Nov 14Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 27th November 2025 Payment date: 12th December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.New Risk • Oct 02New 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 6.7% 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: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.7% average weekly change).Price Target Changed • Aug 26Price target increased by 8.6% to ฿27.09Up from ฿24.93, the current price target is an average from 13 analysts. New target price is 7.3% above last closing price of ฿25.25. Stock is down 36% over the past year. The company is forecast to post earnings per share of ฿1.22 next year compared to a net loss per share of ฿0.72 last year.Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: ฿0.039 (down from ฿0.42 in 2Q 2024). Revenue: ฿5.28b (down 23% from 2Q 2024). Net income: ฿34.8m (down 91% from 2Q 2024). Profit margin: 0.7% (down from 5.5% in 2Q 2024). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jul 25Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.9% to ฿21.50. The fair value is estimated to be ฿17.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: ฿0.54 (up from ฿0.35 in 1Q 2024). Revenue: ฿5.61b (down 13% from 1Q 2024). Net income: ฿478.1m (up 53% from 1Q 2024). Profit margin: 8.5% (up from 4.8% in 1Q 2024). Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Apr 30Hana Microelectronics Public Company Limited Approves Annual Dividend Payment for the Year 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at 2025 Annual General Meeting of Shareholders on 30 April 2025 approved the annual dividend payment for the year 2024 at the rate of THB 0.50 per share to be paid on 19 May 2025. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2024 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.Price Target Changed • Apr 22Price target decreased by 11% to ฿22.78Down from ฿25.51, the current price target is an average from 14 analysts. New target price is 27% above last closing price of ฿18.00. Stock is down 52% over the past year. The company is forecast to post earnings per share of ฿1.27 next year compared to a net loss per share of ฿0.72 last year.Reported Earnings • Mar 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ฿0.72 loss per share (down from ฿2.14 profit in FY 2023). Revenue: ฿25.4b (down 4.3% from FY 2023). Net loss: ฿633.7m (down 136% from profit in FY 2023). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.Declared Dividend • Mar 01Final dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 13th March 2025 Payment date: 19th May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 283% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Feb 28New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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. Profit margins are more than 30% lower than last year (4.7% net profit margin).Buy Or Sell Opportunity • Feb 28Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to ฿16.10. The fair value is estimated to be ฿20.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.お知らせ • Feb 28Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2025Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:00 SE Asia Standard Time. Location: hana microelectronics public co., ltd., headquarters, office 65/98 soi vibhavadi-rangsit 64 junction 2, kwang talad bangkhen, khet laksi, bangkok 10210, Thailandお知らせ • Feb 27Hana Microelectronics Public Company Limited Proposes Cash Dividend Payment for the Financial Year Ended 31 December 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at its board meeting held on recommends to shareholders to approve the final dividend payment of THB 0.50 per share and acknowledge the interim dividend payment on 13 December 2024 at a rate of THB 0.25 per share. Therefore, the total dividend payment for the financial year ending 31 December 2024 will be proposed at THB 0.75 per share. However, the right to receive the final dividend depends on the resolution of the Annual General Meeting of shareholders. Record date for the right to receive dividends: 14 March 2025; Ex-dividend date: 13 March 2025. Payment date: 19 May 2025.Buy Or Sell Opportunity • Jan 21Now 23% overvaluedOver the last 90 days, the stock has fallen 36% to ฿24.50. The fair value is estimated to be ฿19.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.お知らせ • Dec 27Hana Microelectronics Public Company Limited Announces Change of Chief AccountantHana Microelectronics Public Company Limited announced change of Chief Accountant from Miss Achara Chaicharncheep, Position of Chief Accountant: Financial and Accounting Senior Manager, Effective Date of Termination: December 31, 2024 to Miss Kwanrak Wongpin, Position of Chief Accountant: Chief Accountant, Effective Date of Appointment: January 1, 2025.Buy Or Sell Opportunity • Dec 19Now 21% overvaluedOver the last 90 days, the stock has fallen 41% to ฿24.30. The fair value is estimated to be ฿20.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.New Risk • Nov 27New 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin).Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: ฿0.46 (down from ฿0.91 in 3Q 2023). Revenue: ฿6.50b (down 2.6% from 3Q 2023). Net income: ฿405.9m (down 45% from 3Q 2023). Profit margin: 6.2% (down from 11% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿30.25, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿22.19 per share.お知らせ • Oct 23Hana Microelectronics Public Company Limited to Report Q3, 2024 Results on Nov 13, 2024Hana Microelectronics Public Company Limited announced that they will report Q3, 2024 results at 5:00 PM, SE Asia Standard Time on Nov 13, 2024Major Estimate Revision • Aug 29Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ฿2.40 to ฿2.13 per share. Revenue forecast steady at ฿27.3b. Net income forecast to grow 33% next year vs 19% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿49.14 to ฿45.85. Share price was steady at ฿40.00 over the past week.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: ฿0.42 (down from ฿0.79 in 2Q 2023). Revenue: ฿6.83b (down 2.8% from 2Q 2023). Net income: ฿376.4m (down 41% from 2Q 2023). Profit margin: 5.5% (down from 9.0% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿45.75, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Electronic industry in Thailand. Total loss to shareholders of 24% over the past three years.お知らせ • May 22Hana Microelectronics Public Company Limited (SET:HANA) competed the acquisition of 30% stake in Edelteq Ventures Sdn Bhd from Edelteq Holdings Berhad (KLSE:EDELTEQ).Hana Microelectronics Public Company Limited (SET:HANA) entered into a Share Purchase Agreement to acquire 30% stake in Edelteq Ventures Sdn Bhd from Edelteq Holdings Berhad (KLSE:EDELTEQ) for CNY 0.1 million on March 21, 2024. The consideration consists of CNY 0.1 million in cash. As part of the consideration, CNY 0.1 million was paid towards common equity. The transaction is expected to be completed by completed by the 2nd Quarter of 2024. Hana Microelectronics Public Company Limited (SET:HANA) competed the acquisition of 30% stake in Edelteq Ventures Sdn Bhd from Edelteq Holdings Berhad (KLSE:EDELTEQ) on May 21, 2024Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.33 in 1Q 2023)First quarter 2024 results: EPS: ฿0.35 (up from ฿0.33 in 1Q 2023). Revenue: ฿6.47b (down 1.5% from 1Q 2023). Net income: ฿313.2m (up 18% from 1Q 2023). Profit margin: 4.8% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • May 01Hana Microelectronics Public Company Limited Approves Dividend for the Year 2023, Payable on 17 May 2024Hana Microelectronics Public Company Limited at its AGM held on April 30, 2024, approved the annual dividend payment for the year 2023 at the rate of THB 0.50 per share to be paid on 17 May 2024. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2023 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.Major Estimate Revision • Mar 07Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿28.6b to ฿27.8b. EPS estimate also fell from ฿2.91 per share to ฿2.53 per share. Net income forecast to grow 24% next year vs 18% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿55.60 to ฿46.46. Share price was steady at ฿37.50 over the past week.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.2%).Declared Dividend • Feb 29Final dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 13th March 2024 Payment date: 17th May 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (148% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 28Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2024Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2024, at 14:00 SE Asia Standard Time. Location: Company's Headquarter, 65/98 Soi Vibhavadi-Rangsit 64, Junction 2, Kwang Talad Bangkhen, Khet Laksi, Bangkok Thailand Agenda: To approve the Minutes of the 2023 Annual General Meeting of Shareholders that was held on 28 April 2023; to acknowledge the Company's operation results for the year 2023; to approve the financial statements for the fiscal year ended 31 December 2023; to approve the dividend payment for the year 2023; and to consider other matters.Price Target Changed • Feb 28Price target decreased by 9.0% to ฿52.27Down from ฿57.44, the current price target is an average from 15 analysts. New target price is 45% above last closing price of ฿36.00. Stock is down 40% over the past year. The company is forecast to post earnings per share of ฿2.78 for next year compared to ฿2.14 last year.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: ฿2.14 (vs ฿2.61 in FY 2022)Full year 2023 results: EPS: ฿2.14 (down from ฿2.61 in FY 2022). Revenue: ฿26.6b (down 3.7% from FY 2022). Net income: ฿1.76b (down 16% from FY 2022). Profit margin: 6.6% (down from 7.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 4% 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 27Hana Microelectronics Public Company Limited Proposes Final Dividend Payment, Payable on 17 May 2024Hana Microelectronics Public Company Limited announced at the SBM held on 27 February 2024, the board has approved to propose the 2024 AGM to approve the final dividend payment of THB 0.50 per share to be paid to shareholders from the Record Date on 14 March 2024. The dividend payment will be made on 17 May 2024. The dividend of THB 0.50 per share is paid from the net profit and retained earnings from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿52.75, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electronic industry in Thailand. Total returns to shareholders of 46% over the past three years.Upcoming Dividend • Nov 21Upcoming dividend of ฿0.50 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 November 2023. Payment date: 13 December 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (1.0%).Price Target Changed • Nov 17Price target decreased by 7.8% to ฿63.58Down from ฿68.96, the current price target is an average from 13 analysts. New target price is 46% above last closing price of ฿43.50. Stock is down 14% over the past year. The company is forecast to post earnings per share of ฿2.74 for next year compared to ฿2.61 last year.お知らせ • Nov 15Hana Microelectronics Public Company Limited Announces Interim Dividend for the Nine Months Ended September 30, 2023, Payable on December 13, 2023Hana Microelectronics Public Company Limited announced interim dividend of THB 0.50 per share for the nine months ended September 30, 2023. Record date for the right to receive dividends is November 29, 2023, Ex-dividend date is November 28, 2023 and Payment date is December 13, 2023.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ฿0.91 (up from ฿0.52 in 3Q 2022). Revenue: ฿6.86b (down 10% from 3Q 2022). Net income: ฿733.9m (up 76% from 3Q 2022). Profit margin: 11% (up from 5.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.7%. Earnings per share (EPS) exceeded analyst estimates by 6.3%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year.New Risk • Oct 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding).Price Target Changed • Oct 10Price target increased by 8.4% to ฿68.35Up from ฿63.04, the current price target is an average from 13 analysts. New target price is 13% above last closing price of ฿60.50. Stock is up 75% over the past year. The company is forecast to post earnings per share of ฿2.78 for next year compared to ฿2.61 last year.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ฿62.75, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Electronic industry in Thailand. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿54.01 per share.Major Estimate Revision • Aug 22Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ฿2.42 to ฿2.73. Revenue forecast steady at ฿27.7b. Net income forecast to grow 0.5% next year vs 10% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿47.85 to ฿62.39. Share price rose 14% to ฿59.50 over the past week.Price Target Changed • Aug 17Price target increased by 17% to ฿55.94Up from ฿47.85, the current price target is an average from 13 analysts. New target price is 6.4% below last closing price of ฿59.75. Stock is up 26% over the past year. The company is forecast to post earnings per share of ฿2.64 for next year compared to ฿2.61 last year.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.79 (vs ฿0.30 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.79 (up from ฿0.30 in 2Q 2022). Revenue: ฿7.03b (up 8.0% from 2Q 2022). Net income: ฿635.4m (up 159% from 2Q 2022). Profit margin: 9.0% (up from 3.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿50.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿44.02 per share.Price Target Changed • May 22Price target decreased by 9.4% to ฿52.15Down from ฿57.54, the current price target is an average from 13 analysts. New target price is 26% above last closing price of ฿41.25. Stock is down 8.8% over the past year. The company is forecast to post earnings per share of ฿2.40 for next year compared to ฿2.61 last year.Major Estimate Revision • May 22Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ฿28.2b to ฿28.8b. EPS estimate fell from ฿2.93 to ฿2.45 per share. Net income forecast to grow 5.1% next year vs 13% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿57.54 to ฿53.85. Share price fell 3.1% to ฿38.75 over the past week.Reported Earnings • May 17First quarter 2023 earnings released: EPS: ฿0.33 (vs ฿0.45 in 1Q 2022)First quarter 2023 results: EPS: ฿0.33 (down from ฿0.45 in 1Q 2022). Revenue: ฿6.59b (up 6.0% from 1Q 2022). Net income: ฿266.5m (down 27% from 1Q 2022). Profit margin: 4.0% (down from 5.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ฿40.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Thailand. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿40.44 per share.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.50 per share at 1.8% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 16 May 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (0.9%).Board Change • Jan 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sunun Thongbai was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Board Change • Dec 02Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Pornphan Abhamongkol was the last independent 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.Major Estimate Revision • Nov 23Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ฿26.5b to ฿27.1b. EPS estimate increased from ฿1.90 to ฿2.38 per share. Net income forecast to grow 137% next year vs 9.8% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿45.00 to ฿55.71. Share price rose 12% to ฿50.00 over the past week.Upcoming Dividend • Nov 22Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 14 December 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (5.6%). Higher than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 28% share price gain to ฿49.75, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Electronic industry in Thailand. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿49.70 per share.Price Target Changed • Nov 21Price target increased to ฿50.08Up from ฿44.33, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ฿49.75. Stock is down 46% over the past year. The company is forecast to post earnings per share of ฿2.34 for next year compared to ฿1.92 last year.Reported Earnings • Nov 18Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: ฿0.52 (down from ฿0.70 in 3Q 2021). Revenue: ฿7.65b (up 21% from 3Q 2021). Net income: ฿416.6m (down 26% from 3Q 2021). Profit margin: 5.4% (down from 8.9% in 3Q 2021). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Reported Earnings • Aug 13Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: ฿0.30 (down from ฿0.92 in 2Q 2021). Revenue: ฿6.51b (up 4.5% from 2Q 2021). Net income: ฿245.0m (down 67% from 2Q 2021). Profit margin: 3.8% (down from 12% in 2Q 2021). Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 43%. Over the next year, revenue is forecast to grow 11%, compared to a 80% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Buying Opportunity • Aug 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be ฿56.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 4.9%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 51% in the next 2 years.Major Estimate Revision • May 25Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ฿26.7b to ฿27.1b. EPS estimate fell from ฿3.25 to ฿2.80 per share. Net income forecast to grow 46% next year vs 22% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿62.67 to ฿57.54. Share price fell 9.4% to ฿43.50 over the past week.Price Target Changed • May 23Price target decreased to ฿58.58Down from ฿63.25, the current price target is an average from 12 analysts. New target price is 29% above last closing price of ฿45.25. Stock is down 18% over the past year. The company is forecast to post earnings per share of ฿2.98 for next year compared to ฿1.92 last year.Reported Earnings • May 16First quarter 2022 earnings: Revenues miss analyst expectationsFirst quarter 2022 results: Revenue: ฿6.22b (up 19% from 1Q 2021). Net income: ฿365.0m (up 21% from 1Q 2021). Profit margin: 5.9% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 12%, compared to a 102% growth forecast for the industry in Thailand.Price Target Changed • Apr 12Price target decreased to ฿63.54Down from ฿68.38, the current price target is an average from 12 analysts. New target price is 42% above last closing price of ฿44.75. Stock is down 24% over the past year. The company is forecast to post earnings per share of ฿3.02 for next year compared to ฿1.92 last year.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ฿48.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Electronic industry in Thailand. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿52.73 per share.Price Target Changed • Feb 28Price target decreased to ฿91.15Down from ฿101, the current price target is an average from 12 analysts. New target price is 79% above last closing price of ฿51.00. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of ฿3.72 for next year compared to ฿1.92 last year.Reported Earnings • Feb 27Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ฿1.92 (down from ฿2.37 in FY 2020). Revenue: ฿24.1b (up 23% from FY 2020). Net income: ฿1.55b (down 19% from FY 2020). Profit margin: 6.4% (down from 9.7% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Over the next year, revenue is forecast to grow 15%, compared to a 81% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Price Target Changed • Nov 17Price target increased to ฿93.43Up from ฿87.13, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ฿93.00. Stock is up 138% over the past year. The company is forecast to post earnings per share of ฿2.92 for next year compared to ฿2.37 last year.Price Target Changed • Nov 15Price target increased to ฿89.23Up from ฿82.90, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ฿92.75. Stock is up 154% over the past year. The company is forecast to post earnings per share of ฿2.93 for next year compared to ฿2.37 last year.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿0.70 (vs ฿0.40 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿6.34b (up 29% from 3Q 2020). Net income: ฿563.8m (up 76% from 3Q 2020). Profit margin: 8.9% (up from 6.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 22Upcoming dividend of ฿1.00 per shareEligible shareholders must have bought the stock before 29 October 2021. Payment date: 15 November 2021. Trailing yield: 2.5%. Lower than top quartile of Thai dividend payers (4.7%). Higher than average of industry peers (1.3%).Price Target Changed • Oct 16Price target increased to ฿82.90Up from ฿75.48, the current price target is an average from 10 analysts. New target price is 14% above last closing price of ฿72.75. Stock is up 51% over the past year.Price Target Changed • Aug 30Price target increased to ฿81.09Up from ฿75.48, the current price target is an average from 10 analysts. New target price is 12% above last closing price of ฿72.50. Stock is up 82% over the past year.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.92 (vs ฿0.85 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ฿6.23b (up 28% from 2Q 2020). Net income: ฿736.8m (up 8.0% from 2Q 2020). Profit margin: 12% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Price Target Changed • Aug 18Price target increased to ฿72.63Up from ฿66.98, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ฿75.75. Stock is up 94% over the past year.Price Target Changed • Jul 08Price target increased to ฿66.08Up from ฿61.59, the current price target is an average from 9 analysts. New target price is 7.6% below last closing price of ฿71.50. Stock is up 136% over the past year.Price Target Changed • Jun 24Price target increased to ฿62.31Up from ฿58.16, the current price target is an average from 7 analysts. New target price is 9.7% below last closing price of ฿69.00. Stock is up 153% over the past year.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿66.00, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Electronic industry in Thailand. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿36.48 per share.Reported Earnings • May 15First quarter 2021 earnings released: EPS ฿0.37 (vs ฿0.25 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿5.29b (up 13% from 1Q 2020). Net income: ฿301.2m (up 48% from 1Q 2020). Profit margin: 5.7% (up from 4.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Price Target Changed • Apr 29Price target increased to ฿56.09Up from ฿52.00, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ฿56.75. Stock is up 105% over the past year.決済の安定と成長配当データの取得安定した配当: HANA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: HANA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Hana Microelectronics 配当利回り対市場HANA 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 (HANA)2.9%市場下位25% (TH)3.4%市場トップ25% (TH)7.5%業界平均 (Electronic)0.4%アナリスト予想 (HANA) (最長3年)3.3%注目すべき配当: HANAの配当金 ( 2.88% ) はTH市場の配当金支払者の下位 25% ( 3.45% ) と比べると目立ったものではありません。高配当: HANAの配当金 ( 2.88% ) 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: HANAは高い 配当性向 ( 132.1% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: HANAの 現金配当性向 ( 27.9% ) 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 11:33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Hana Microelectronics Public Company Limited 11 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。29 アナリスト機関Jindarat LaotaveerungsawatBualuang Securities PCLNapon JaisanBualuang Securities PCLWikij TirawannaratBualuang Securities PCL26 その他のアナリストを表示
Declared Dividend • Mar 01Final dividend of ฿0.75 announcedShareholders will receive a dividend of ฿0.75. Ex-date: 16th March 2026 Payment date: 19th May 2026 Dividend yield will be 5.5%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
Declared Dividend • Nov 14Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 27th November 2025 Payment date: 12th December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Apr 30Hana Microelectronics Public Company Limited Approves Annual Dividend Payment for the Year 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at 2025 Annual General Meeting of Shareholders on 30 April 2025 approved the annual dividend payment for the year 2024 at the rate of THB 0.50 per share to be paid on 19 May 2025. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2024 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.
Declared Dividend • Mar 01Final dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 13th March 2025 Payment date: 19th May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 283% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 27Hana Microelectronics Public Company Limited Proposes Cash Dividend Payment for the Financial Year Ended 31 December 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at its board meeting held on recommends to shareholders to approve the final dividend payment of THB 0.50 per share and acknowledge the interim dividend payment on 13 December 2024 at a rate of THB 0.25 per share. Therefore, the total dividend payment for the financial year ending 31 December 2024 will be proposed at THB 0.75 per share. However, the right to receive the final dividend depends on the resolution of the Annual General Meeting of shareholders. Record date for the right to receive dividends: 14 March 2025; Ex-dividend date: 13 March 2025. Payment date: 19 May 2025.
お知らせ • May 01Hana Microelectronics Public Company Limited Approves Dividend for the Year 2023, Payable on 17 May 2024Hana Microelectronics Public Company Limited at its AGM held on April 30, 2024, approved the annual dividend payment for the year 2023 at the rate of THB 0.50 per share to be paid on 17 May 2024. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2023 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.
New Risk • Apr 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿32.75, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 12% over the past three years.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿28.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 14x in the Electronic industry in Thailand. Total loss to shareholders of 37% over the past three years.
Price Target Changed • Mar 07Price target increased by 8.6% to ฿23.92Up from ฿22.03, the current price target is an average from 12 analysts. New target price is 12% above last closing price of ฿21.40. Stock is up 27% over the past year. The company is forecast to post earnings per share of ฿1.02 for next year compared to ฿0.76 last year.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ฿21.40, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 13x in the Electronic industry in Thailand. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿8.72 per share.
Buy Or Sell Opportunity • Mar 02Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 15% to ฿19.20. The fair value is estimated to be ฿15.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 81% in the next 2 years.
Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.76 (vs ฿0.72 loss in FY 2024)Full year 2025 results: EPS: ฿0.76 (up from ฿0.72 loss in FY 2024). Revenue: ฿21.2b (down 17% from FY 2024). Net income: ฿670.4m (up ฿1.30b from FY 2024). Profit margin: 3.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.
Declared Dividend • Mar 01Final dividend of ฿0.75 announcedShareholders will receive a dividend of ฿0.75. Ex-date: 16th March 2026 Payment date: 19th May 2026 Dividend yield will be 5.5%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (21% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
Price Target Changed • Jan 22Price target decreased by 7.3% to ฿22.03Down from ฿23.76, the current price target is an average from 13 analysts. New target price is 27% above last closing price of ฿17.40. Stock is down 28% over the past year. The company is forecast to post earnings per share of ฿0.70 next year compared to a net loss per share of ฿0.72 last year.
Buy Or Sell Opportunity • Jan 16Now 20% overvaluedOver the last 90 days, the stock has fallen 30% to ฿16.40. The fair value is estimated to be ฿13.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.5% over the last 3 years. Meanwhile, the company became loss making.
Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 2 highly experienced directors. Independent Director Sunun Thongbai was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Price Target Changed • Nov 25Price target decreased by 8.1% to ฿24.47Down from ฿26.63, the current price target is an average from 13 analysts. New target price is 48% above last closing price of ฿16.50. Stock is down 42% over the past year. The company is forecast to post earnings per share of ฿0.73 next year compared to a net loss per share of ฿0.72 last year.
Price Target Changed • Nov 21Price target decreased by 8.7% to ฿25.23Down from ฿27.63, the current price target is an average from 13 analysts. New target price is 55% above last closing price of ฿16.30. Stock is down 41% over the past year. The company is forecast to post earnings per share of ฿0.72 next year compared to a net loss per share of ฿0.72 last year.
Declared Dividend • Nov 14Dividend of ฿0.25 announcedDividend of ฿0.25 is the same as last year. Ex-date: 27th November 2025 Payment date: 12th December 2025 Dividend yield will be 4.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (18% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
New Risk • Oct 02New 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 6.7% 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: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.7% average weekly change).
Price Target Changed • Aug 26Price target increased by 8.6% to ฿27.09Up from ฿24.93, the current price target is an average from 13 analysts. New target price is 7.3% above last closing price of ฿25.25. Stock is down 36% over the past year. The company is forecast to post earnings per share of ฿1.22 next year compared to a net loss per share of ฿0.72 last year.
Reported Earnings • Aug 15Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2025 results: EPS: ฿0.039 (down from ฿0.42 in 2Q 2024). Revenue: ฿5.28b (down 23% from 2Q 2024). Net income: ฿34.8m (down 91% from 2Q 2024). Profit margin: 0.7% (down from 5.5% in 2Q 2024). Revenue exceeded analyst estimates by 5.2%. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jul 25Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.9% to ฿21.50. The fair value is estimated to be ฿17.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: ฿0.54 (up from ฿0.35 in 1Q 2024). Revenue: ฿5.61b (down 13% from 1Q 2024). Net income: ฿478.1m (up 53% from 1Q 2024). Profit margin: 8.5% (up from 4.8% in 1Q 2024). Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 30Hana Microelectronics Public Company Limited Approves Annual Dividend Payment for the Year 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at 2025 Annual General Meeting of Shareholders on 30 April 2025 approved the annual dividend payment for the year 2024 at the rate of THB 0.50 per share to be paid on 19 May 2025. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2024 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.
Price Target Changed • Apr 22Price target decreased by 11% to ฿22.78Down from ฿25.51, the current price target is an average from 14 analysts. New target price is 27% above last closing price of ฿18.00. Stock is down 52% over the past year. The company is forecast to post earnings per share of ฿1.27 next year compared to a net loss per share of ฿0.72 last year.
Reported Earnings • Mar 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: ฿0.72 loss per share (down from ฿2.14 profit in FY 2023). Revenue: ฿25.4b (down 4.3% from FY 2023). Net loss: ฿633.7m (down 136% from profit in FY 2023). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
Declared Dividend • Mar 01Final dividend of ฿0.50 announcedShareholders will receive a dividend of ฿0.50. Ex-date: 13th March 2025 Payment date: 19th May 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 283% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Feb 28New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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. Profit margins are more than 30% lower than last year (4.7% net profit margin).
Buy Or Sell Opportunity • Feb 28Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 41% to ฿16.10. The fair value is estimated to be ฿20.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 20% per annum over the same time period.
お知らせ • Feb 28Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2025Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:00 SE Asia Standard Time. Location: hana microelectronics public co., ltd., headquarters, office 65/98 soi vibhavadi-rangsit 64 junction 2, kwang talad bangkhen, khet laksi, bangkok 10210, Thailand
お知らせ • Feb 27Hana Microelectronics Public Company Limited Proposes Cash Dividend Payment for the Financial Year Ended 31 December 2024, Payable on 19 May 2025Hana Microelectronics Public Company Limited at its board meeting held on recommends to shareholders to approve the final dividend payment of THB 0.50 per share and acknowledge the interim dividend payment on 13 December 2024 at a rate of THB 0.25 per share. Therefore, the total dividend payment for the financial year ending 31 December 2024 will be proposed at THB 0.75 per share. However, the right to receive the final dividend depends on the resolution of the Annual General Meeting of shareholders. Record date for the right to receive dividends: 14 March 2025; Ex-dividend date: 13 March 2025. Payment date: 19 May 2025.
Buy Or Sell Opportunity • Jan 21Now 23% overvaluedOver the last 90 days, the stock has fallen 36% to ฿24.50. The fair value is estimated to be ฿19.91, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 22% per annum over the same time period.
お知らせ • Dec 27Hana Microelectronics Public Company Limited Announces Change of Chief AccountantHana Microelectronics Public Company Limited announced change of Chief Accountant from Miss Achara Chaicharncheep, Position of Chief Accountant: Financial and Accounting Senior Manager, Effective Date of Termination: December 31, 2024 to Miss Kwanrak Wongpin, Position of Chief Accountant: Chief Accountant, Effective Date of Appointment: January 1, 2025.
Buy Or Sell Opportunity • Dec 19Now 21% overvaluedOver the last 90 days, the stock has fallen 41% to ฿24.30. The fair value is estimated to be ฿20.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
New Risk • Nov 27New 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin).
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: ฿0.46 (down from ฿0.91 in 3Q 2023). Revenue: ฿6.50b (down 2.6% from 3Q 2023). Net income: ฿405.9m (down 45% from 3Q 2023). Profit margin: 6.2% (down from 11% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 10%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿30.25, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Thailand. Total loss to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿22.19 per share.
お知らせ • Oct 23Hana Microelectronics Public Company Limited to Report Q3, 2024 Results on Nov 13, 2024Hana Microelectronics Public Company Limited announced that they will report Q3, 2024 results at 5:00 PM, SE Asia Standard Time on Nov 13, 2024
Major Estimate Revision • Aug 29Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ฿2.40 to ฿2.13 per share. Revenue forecast steady at ฿27.3b. Net income forecast to grow 33% next year vs 19% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿49.14 to ฿45.85. Share price was steady at ฿40.00 over the past week.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: ฿0.42 (down from ฿0.79 in 2Q 2023). Revenue: ฿6.83b (down 2.8% from 2Q 2023). Net income: ฿376.4m (down 41% from 2Q 2023). Profit margin: 5.5% (down from 9.0% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿45.75, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Electronic industry in Thailand. Total loss to shareholders of 24% over the past three years.
お知らせ • May 22Hana Microelectronics Public Company Limited (SET:HANA) competed the acquisition of 30% stake in Edelteq Ventures Sdn Bhd from Edelteq Holdings Berhad (KLSE:EDELTEQ).Hana Microelectronics Public Company Limited (SET:HANA) entered into a Share Purchase Agreement to acquire 30% stake in Edelteq Ventures Sdn Bhd from Edelteq Holdings Berhad (KLSE:EDELTEQ) for CNY 0.1 million on March 21, 2024. The consideration consists of CNY 0.1 million in cash. As part of the consideration, CNY 0.1 million was paid towards common equity. The transaction is expected to be completed by completed by the 2nd Quarter of 2024. Hana Microelectronics Public Company Limited (SET:HANA) competed the acquisition of 30% stake in Edelteq Ventures Sdn Bhd from Edelteq Holdings Berhad (KLSE:EDELTEQ) on May 21, 2024
Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿0.35 (vs ฿0.33 in 1Q 2023)First quarter 2024 results: EPS: ฿0.35 (up from ฿0.33 in 1Q 2023). Revenue: ฿6.47b (down 1.5% from 1Q 2023). Net income: ฿313.2m (up 18% from 1Q 2023). Profit margin: 4.8% (up from 4.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • May 01Hana Microelectronics Public Company Limited Approves Dividend for the Year 2023, Payable on 17 May 2024Hana Microelectronics Public Company Limited at its AGM held on April 30, 2024, approved the annual dividend payment for the year 2023 at the rate of THB 0.50 per share to be paid on 17 May 2024. The dividend of THB 0.50 per share is paid from the net profit and retained earnings as at 31 December 2023 from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.
Major Estimate Revision • Mar 07Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ฿28.6b to ฿27.8b. EPS estimate also fell from ฿2.91 per share to ฿2.53 per share. Net income forecast to grow 24% next year vs 18% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿55.60 to ฿46.46. Share price was steady at ฿37.50 over the past week.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 47% but the company is paying out more than the cash it is generating. Trailing yield: 2.7%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.2%).
Declared Dividend • Feb 29Final dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 13th March 2024 Payment date: 17th May 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (148% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 28Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2024Hana Microelectronics Public Company Limited, Annual General Meeting, Apr 30, 2024, at 14:00 SE Asia Standard Time. Location: Company's Headquarter, 65/98 Soi Vibhavadi-Rangsit 64, Junction 2, Kwang Talad Bangkhen, Khet Laksi, Bangkok Thailand Agenda: To approve the Minutes of the 2023 Annual General Meeting of Shareholders that was held on 28 April 2023; to acknowledge the Company's operation results for the year 2023; to approve the financial statements for the fiscal year ended 31 December 2023; to approve the dividend payment for the year 2023; and to consider other matters.
Price Target Changed • Feb 28Price target decreased by 9.0% to ฿52.27Down from ฿57.44, the current price target is an average from 15 analysts. New target price is 45% above last closing price of ฿36.00. Stock is down 40% over the past year. The company is forecast to post earnings per share of ฿2.78 for next year compared to ฿2.14 last year.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: ฿2.14 (vs ฿2.61 in FY 2022)Full year 2023 results: EPS: ฿2.14 (down from ฿2.61 in FY 2022). Revenue: ฿26.6b (down 3.7% from FY 2022). Net income: ฿1.76b (down 16% from FY 2022). Profit margin: 6.6% (down from 7.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 4% 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 27Hana Microelectronics Public Company Limited Proposes Final Dividend Payment, Payable on 17 May 2024Hana Microelectronics Public Company Limited announced at the SBM held on 27 February 2024, the board has approved to propose the 2024 AGM to approve the final dividend payment of THB 0.50 per share to be paid to shareholders from the Record Date on 14 March 2024. The dividend payment will be made on 17 May 2024. The dividend of THB 0.50 per share is paid from the net profit and retained earnings from BOI promoted businesses which has the tax exemption so the final dividend paid is THB 0.50 per share net.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿52.75, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electronic industry in Thailand. Total returns to shareholders of 46% over the past three years.
Upcoming Dividend • Nov 21Upcoming dividend of ฿0.50 per share at 2.2% yieldEligible shareholders must have bought the stock before 28 November 2023. Payment date: 13 December 2023. Payout ratio is a comfortable 30% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (1.0%).
Price Target Changed • Nov 17Price target decreased by 7.8% to ฿63.58Down from ฿68.96, the current price target is an average from 13 analysts. New target price is 46% above last closing price of ฿43.50. Stock is down 14% over the past year. The company is forecast to post earnings per share of ฿2.74 for next year compared to ฿2.61 last year.
お知らせ • Nov 15Hana Microelectronics Public Company Limited Announces Interim Dividend for the Nine Months Ended September 30, 2023, Payable on December 13, 2023Hana Microelectronics Public Company Limited announced interim dividend of THB 0.50 per share for the nine months ended September 30, 2023. Record date for the right to receive dividends is November 29, 2023, Ex-dividend date is November 28, 2023 and Payment date is December 13, 2023.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: ฿0.91 (up from ฿0.52 in 3Q 2022). Revenue: ฿6.86b (down 10% from 3Q 2022). Net income: ฿733.9m (up 76% from 3Q 2022). Profit margin: 11% (up from 5.4% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.7%. Earnings per share (EPS) exceeded analyst estimates by 6.3%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 6% per year and the company’s share price has also increased by 6% per year.
New Risk • Oct 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 10.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (10.0% increase in shares outstanding).
Price Target Changed • Oct 10Price target increased by 8.4% to ฿68.35Up from ฿63.04, the current price target is an average from 13 analysts. New target price is 13% above last closing price of ฿60.50. Stock is up 75% over the past year. The company is forecast to post earnings per share of ฿2.78 for next year compared to ฿2.61 last year.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ฿62.75, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 16x in the Electronic industry in Thailand. Total returns to shareholders of 67% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿54.01 per share.
Major Estimate Revision • Aug 22Consensus EPS estimates increase by 13%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ฿2.42 to ฿2.73. Revenue forecast steady at ฿27.7b. Net income forecast to grow 0.5% next year vs 10% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿47.85 to ฿62.39. Share price rose 14% to ฿59.50 over the past week.
Price Target Changed • Aug 17Price target increased by 17% to ฿55.94Up from ฿47.85, the current price target is an average from 13 analysts. New target price is 6.4% below last closing price of ฿59.75. Stock is up 26% over the past year. The company is forecast to post earnings per share of ฿2.64 for next year compared to ฿2.61 last year.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.79 (vs ฿0.30 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.79 (up from ฿0.30 in 2Q 2022). Revenue: ฿7.03b (up 8.0% from 2Q 2022). Net income: ฿635.4m (up 159% from 2Q 2022). Profit margin: 9.0% (up from 3.8% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿50.50, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Electronic industry in Thailand. Total returns to shareholders of 66% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿44.02 per share.
Price Target Changed • May 22Price target decreased by 9.4% to ฿52.15Down from ฿57.54, the current price target is an average from 13 analysts. New target price is 26% above last closing price of ฿41.25. Stock is down 8.8% over the past year. The company is forecast to post earnings per share of ฿2.40 for next year compared to ฿2.61 last year.
Major Estimate Revision • May 22Consensus EPS estimates fall by 16%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ฿28.2b to ฿28.8b. EPS estimate fell from ฿2.93 to ฿2.45 per share. Net income forecast to grow 5.1% next year vs 13% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿57.54 to ฿53.85. Share price fell 3.1% to ฿38.75 over the past week.
Reported Earnings • May 17First quarter 2023 earnings released: EPS: ฿0.33 (vs ฿0.45 in 1Q 2022)First quarter 2023 results: EPS: ฿0.33 (down from ฿0.45 in 1Q 2022). Revenue: ฿6.59b (up 6.0% from 1Q 2022). Net income: ฿266.5m (down 27% from 1Q 2022). Profit margin: 4.0% (down from 5.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ฿40.50, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 15x in the Electronic industry in Thailand. Total returns to shareholders of 64% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿40.44 per share.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.50 per share at 1.8% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 16 May 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.8%. Lower than top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (0.9%).
Board Change • Jan 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sunun Thongbai was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Board Change • Dec 02Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Pornphan Abhamongkol was the last independent 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.
Major Estimate Revision • Nov 23Consensus EPS estimates increase by 25%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ฿26.5b to ฿27.1b. EPS estimate increased from ฿1.90 to ฿2.38 per share. Net income forecast to grow 137% next year vs 9.8% growth forecast for Electronic industry in Thailand. Consensus price target up from ฿45.00 to ฿55.71. Share price rose 12% to ฿50.00 over the past week.
Upcoming Dividend • Nov 22Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 29 November 2022. Payment date: 14 December 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (5.6%). Higher than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 28% share price gain to ฿49.75, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Electronic industry in Thailand. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿49.70 per share.
Price Target Changed • Nov 21Price target increased to ฿50.08Up from ฿44.33, the current price target is an average from 12 analysts. New target price is approximately in line with last closing price of ฿49.75. Stock is down 46% over the past year. The company is forecast to post earnings per share of ฿2.34 for next year compared to ฿1.92 last year.
Reported Earnings • Nov 18Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2022 results: EPS: ฿0.52 (down from ฿0.70 in 3Q 2021). Revenue: ฿7.65b (up 21% from 3Q 2021). Net income: ฿416.6m (down 26% from 3Q 2021). Profit margin: 5.4% (down from 8.9% in 3Q 2021). Revenue exceeded analyst estimates by 17%. Earnings per share (EPS) missed analyst estimates by 25%. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 13Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: ฿0.30 (down from ฿0.92 in 2Q 2021). Revenue: ฿6.51b (up 4.5% from 2Q 2021). Net income: ฿245.0m (down 67% from 2Q 2021). Profit margin: 3.8% (down from 12% in 2Q 2021). Revenue exceeded analyst estimates by 6.8%. Earnings per share (EPS) missed analyst estimates by 43%. Over the next year, revenue is forecast to grow 11%, compared to a 80% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Buying Opportunity • Aug 03Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be ฿56.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has declined by 4.9%. Revenue is forecast to grow by 19% in 2 years. Earnings is forecast to grow by 51% in the next 2 years.
Major Estimate Revision • May 25Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ฿26.7b to ฿27.1b. EPS estimate fell from ฿3.25 to ฿2.80 per share. Net income forecast to grow 46% next year vs 22% growth forecast for Electronic industry in Thailand. Consensus price target down from ฿62.67 to ฿57.54. Share price fell 9.4% to ฿43.50 over the past week.
Price Target Changed • May 23Price target decreased to ฿58.58Down from ฿63.25, the current price target is an average from 12 analysts. New target price is 29% above last closing price of ฿45.25. Stock is down 18% over the past year. The company is forecast to post earnings per share of ฿2.98 for next year compared to ฿1.92 last year.
Reported Earnings • May 16First quarter 2022 earnings: Revenues miss analyst expectationsFirst quarter 2022 results: Revenue: ฿6.22b (up 19% from 1Q 2021). Net income: ฿365.0m (up 21% from 1Q 2021). Profit margin: 5.9% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 12%, compared to a 102% growth forecast for the industry in Thailand.
Price Target Changed • Apr 12Price target decreased to ฿63.54Down from ฿68.38, the current price target is an average from 12 analysts. New target price is 42% above last closing price of ฿44.75. Stock is down 24% over the past year. The company is forecast to post earnings per share of ฿3.02 for next year compared to ฿1.92 last year.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ฿48.50, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Electronic industry in Thailand. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿52.73 per share.
Price Target Changed • Feb 28Price target decreased to ฿91.15Down from ฿101, the current price target is an average from 12 analysts. New target price is 79% above last closing price of ฿51.00. Stock is down 1.9% over the past year. The company is forecast to post earnings per share of ฿3.72 for next year compared to ฿1.92 last year.
Reported Earnings • Feb 27Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: ฿1.92 (down from ฿2.37 in FY 2020). Revenue: ฿24.1b (up 23% from FY 2020). Net income: ฿1.55b (down 19% from FY 2020). Profit margin: 6.4% (down from 9.7% in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 37%. Over the next year, revenue is forecast to grow 15%, compared to a 81% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Price Target Changed • Nov 17Price target increased to ฿93.43Up from ฿87.13, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ฿93.00. Stock is up 138% over the past year. The company is forecast to post earnings per share of ฿2.92 for next year compared to ฿2.37 last year.
Price Target Changed • Nov 15Price target increased to ฿89.23Up from ฿82.90, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of ฿92.75. Stock is up 154% over the past year. The company is forecast to post earnings per share of ฿2.93 for next year compared to ฿2.37 last year.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿0.70 (vs ฿0.40 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿6.34b (up 29% from 3Q 2020). Net income: ฿563.8m (up 76% from 3Q 2020). Profit margin: 8.9% (up from 6.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 22Upcoming dividend of ฿1.00 per shareEligible shareholders must have bought the stock before 29 October 2021. Payment date: 15 November 2021. Trailing yield: 2.5%. Lower than top quartile of Thai dividend payers (4.7%). Higher than average of industry peers (1.3%).
Price Target Changed • Oct 16Price target increased to ฿82.90Up from ฿75.48, the current price target is an average from 10 analysts. New target price is 14% above last closing price of ฿72.75. Stock is up 51% over the past year.
Price Target Changed • Aug 30Price target increased to ฿81.09Up from ฿75.48, the current price target is an average from 10 analysts. New target price is 12% above last closing price of ฿72.50. Stock is up 82% over the past year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.92 (vs ฿0.85 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ฿6.23b (up 28% from 2Q 2020). Net income: ฿736.8m (up 8.0% from 2Q 2020). Profit margin: 12% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Price Target Changed • Aug 18Price target increased to ฿72.63Up from ฿66.98, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ฿75.75. Stock is up 94% over the past year.
Price Target Changed • Jul 08Price target increased to ฿66.08Up from ฿61.59, the current price target is an average from 9 analysts. New target price is 7.6% below last closing price of ฿71.50. Stock is up 136% over the past year.
Price Target Changed • Jun 24Price target increased to ฿62.31Up from ฿58.16, the current price target is an average from 7 analysts. New target price is 9.7% below last closing price of ฿69.00. Stock is up 153% over the past year.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿66.00, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 25x in the Electronic industry in Thailand. Total returns to shareholders of 120% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ฿36.48 per share.
Reported Earnings • May 15First quarter 2021 earnings released: EPS ฿0.37 (vs ฿0.25 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿5.29b (up 13% from 1Q 2020). Net income: ฿301.2m (up 48% from 1Q 2020). Profit margin: 5.7% (up from 4.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 29Price target increased to ฿56.09Up from ฿52.00, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of ฿56.75. Stock is up 105% over the past year.