View Past PerformanceInterlink Communication バランスシートの健全性財務の健全性 基準チェック /66Interlink Communicationの総株主資本はTHB3.7B 、総負債はTHB136.3Mで、負債比率は3.7%となります。総資産と総負債はそれぞれTHB4.6BとTHB841.5Mです。 Interlink Communicationの EBIT はTHB360.4Mで、利息カバレッジ比率46.3です。現金および短期投資はTHB1.3Bです。主要情報3.66%負債資本比率฿136.28m負債インタレスト・カバレッジ・レシオ46.3x現金฿1.26bエクイティ฿3.72b負債合計฿841.55m総資産฿4.56b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesUpcoming Dividend • Apr 29Upcoming dividend of ฿0.31 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 8.9%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).Price Target Changed • Mar 05Price target decreased by 19% to ฿6.90Down from ฿8.50, the current price target is provided by 1 analyst. New target price is 55% above last closing price of ฿4.46. Stock is down 21% over the past year. The company is forecast to post earnings per share of ฿0.68 next year compared to a net loss per share of ฿0.82 last year.New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿2.58b market cap, or US$81.4m).Declared Dividend • Mar 04Dividend reduced to ฿0.31Dividend of ฿0.31 is 26% lower than last year. Ex-date: 6th May 2026 Payment date: 21st May 2026 Dividend yield will be 7.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.6% over the next 2 years. However, it would need to fall by 33% to increase the payout ratio to a potentially unsustainable range.お知らせ • Mar 03+ 1 more updateInterlink Communication Public Company Limited announces Annual dividend, payable on May 21, 2026Interlink Communication Public Company Limited announced Annual dividend of THB 0.3100 per share payable on May 21, 2026, ex-date on May 06, 2026 and record date on May 07, 2026.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.16 (vs ฿0.26 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.16 (down from ฿0.26 in 3Q 2024). Revenue: ฿1.67b (down 8.6% from 3Q 2024). Net income: ฿85.8m (down 40% from 3Q 2024). Profit margin: 5.1% (down from 7.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 19% 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 14% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.12 (vs ฿0.21 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.12 (down from ฿0.21 in 2Q 2024). Revenue: ฿1.32b (down 11% from 2Q 2024). Net income: ฿66.1m (down 42% from 2Q 2024). Profit margin: 5.0% (down from 7.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.7% 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 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.17 (vs ฿0.32 in 1Q 2024)First quarter 2025 results: EPS: ฿0.17 (down from ฿0.32 in 1Q 2024). Revenue: ฿1.78b (flat on 1Q 2024). Net income: ฿94.3m (down 46% from 1Q 2024). Profit margin: 5.3% (down from 9.8% in 1Q 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 30Upcoming dividend of ฿0.42 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 7.4%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (1.0%).お知らせ • Apr 24Interlink Communication Public Company Limited Approves Dividend for the Year 2024, Payable on May 23, 2025Interlink Communication Public Company Limited announced that at its AGM held on April 24, 2025, shareholders approved the dividend payment to shareholders for the year 2024 at the rate of THB 0.42 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of Million THB 228.33. The company will pay dividends to the shareholders as listed on the list of eligible shareholders is schedule on 8th May, 2025 and dividends will be paid on 23th May, 2025.Major Estimate Revision • Mar 19Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿7.76b to ฿6.40b. EPS estimate fell from ฿0.94 to ฿0.79 per share. Net income forecast to shrink 24% next year vs 9.7% growth forecast for Electronic industry in Thailand . Consensus price target of ฿7.85 unchanged from last update. Share price rose 3.4% to ฿6.10 over the past week.Price Target Changed • Mar 18Price target increased by 9.0% to ฿7.85Up from ฿7.20, the current price target is an average from 2 analysts. New target price is 29% above last closing price of ฿6.10. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿0.79 for next year compared to ฿1.04 last year.Declared Dividend • Mar 02Dividend increased to ฿0.42Dividend of ฿0.42 is 7.7% higher than last year. Ex-date: 7th May 2025 Payment date: 23rd May 2025 Dividend yield will be 7.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.6% over the next 2 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.お知らせ • Mar 01Interlink Communication Public Company Limited Proposes Dividend for the Operating Period from January 1, 2024 to December 31, 2024, Payable on May 23, 2025Interlink Communication Public Company Limited proposed dividend of THB 0.42 per share for the operating period from January 1, 2024 to December 31, 2024. Record date for the right to receive dividends is May 8, 2025, Ex-Dividend date is May 7, 2025. Payment date is May 23, 2025.お知らせ • Feb 28Interlink Communication Public Company Limited, Annual General Meeting, Apr 24, 2025Interlink Communication Public Company Limited, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: grand suvarnabhumi, no. 48 interlink building, ratchadapisek road, samsennok, huay khwang, ThailandReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0.26 (vs ฿0.29 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.26 (down from ฿0.29 in 3Q 2023). Revenue: ฿1.83b (down 15% from 3Q 2023). Net income: ฿142.6m (down 9.1% from 3Q 2023). Profit margin: 7.8% (up from 7.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.2% 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 21% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Oct 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.34b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.34b market cap, or US$98.9m).Reported Earnings • Aug 17Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: ฿0.21 (down from ฿0.22 in 2Q 2023). Revenue: ฿1.49b (up 11% from 2Q 2023). Net income: ฿113.0m (down 5.0% from 2Q 2023). Profit margin: 7.6% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 1.4% 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 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.37 (vs ฿0.23 in 1Q 2023)First quarter 2024 results: EPS: ฿0.37 (up from ฿0.23 in 1Q 2023). Revenue: ฿1.83b (up 12% from 1Q 2023). Net income: ฿202.5m (up 59% from 1Q 2023). Profit margin: 11% (up from 7.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% 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 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.9% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.64b market cap, or US$99.6m).お知らせ • Apr 24Interlink Communication Public Company Limited Approves Dividend Payment for the Year 2023, Payable on 23 May, 2024Interlink Communication Public Company Limited held the 2024 Annual General Meeting of Shareholders No. 21 on 24th April 2024, approved the dividend payment to shareholders for the year 2023 at the rate of THB 0.39 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of THB 212.02 Million. The Company will pay dividends to the shareholders as listed on the list of eligible shareholders is schedule on 8th May, 2024 and dividends will be paid on 23th May, 2024.New Risk • Apr 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.62b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.9% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.62b market cap, or US$98.2m).Declared Dividend • Feb 29Dividend increased to ฿0.39Dividend of ฿0.39 is 95% higher than last year. Ex-date: 7th May 2024 Payment date: 23rd May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.1% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 28+ 1 more updateInterlink Communication Public Company Limited Proposes Dividend for the Year 2023, Payable on 23 May 2024Interlink Communication Public Company Limited proposed at Annual General Meeting of Shareholders to be held on 24 April 2024 to pay dividend to shareholders from 2023 operation results, the dividend will be paid at the rate of THB 0.39 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of Million THB 212.02. The above dividend payment will pay to shareholders only those who are entitled to receive dividends in accordance with the company's regulations. Determine the list of shareholders for the right to receive dividends on 8 May 2024. The dividend payment date is 23 May 2024.Reported Earnings • Feb 28Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ฿0.98 (up from ฿0.70 in FY 2022). Revenue: ฿6.97b (down 1.8% from FY 2022). Net income: ฿531.6m (up 39% from FY 2022). Profit margin: 7.6% (up from 5.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.0%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 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 30% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 21Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: ฿0.29 (up from ฿0.16 in 3Q 2022). Revenue: ฿2.15b (up 19% from 3Q 2022). Net income: ฿156.9m (up 84% from 3Q 2022). Profit margin: 7.3% (up from 4.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.9% 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 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.New Risk • Oct 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.62b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.62b market cap, or US$99.0m).New Risk • Aug 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Aug 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.22 (vs ฿0.17 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.22 (up from ฿0.17 in 2Q 2022). Revenue: ฿1.34b (down 17% from 2Q 2022). Net income: ฿118.9m (up 30% from 2Q 2022). Profit margin: 8.8% (up from 5.6% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% 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 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 13First quarter 2023 earnings released: EPS: ฿0.23 (vs ฿0.16 in 1Q 2022)First quarter 2023 results: EPS: ฿0.23 (up from ฿0.16 in 1Q 2022). Revenue: ฿1.64b (up 14% from 1Q 2022). Net income: ฿127.5m (up 51% from 1Q 2022). Profit margin: 7.8% (up from 5.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 29% per year.Upcoming Dividend • May 03Upcoming dividend of ฿0.20 per share at 3.0% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.1%).Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Patareeya Benjapolchai was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.17 (vs ฿0.15 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.17 (up from ฿0.15 in 2Q 2021). Revenue: ฿1.63b (up 37% from 2Q 2021). Net income: ฿91.5m (up 12% from 2Q 2021). Profit margin: 5.6% (down from 6.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 11Interlink Communication Public Company Limited Appoints Varisa Anuntarumporn as Risk Management CommitteeInterlink Communication Public Company Limited has approved the appointment of Miss. Varisa Anuntarumporn as Risk Management Committee, effective from August 10, 2022.Reported Earnings • May 16First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.16 (up from ฿0.15 in 1Q 2021). Revenue: ฿1.43b (up 3.3% from 1Q 2021). Net income: ฿84.7m (up 13% from 1Q 2021). Profit margin: 5.9% (up from 5.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 35%. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 03Upcoming dividend of ฿0.38 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Thai dividend payers (5.1%). In line with average of industry peers (1.4%).Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Patareeya Benjapolchai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿10.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 118% over the past three years.お知らせ • Feb 25Interlink Communication Public Company Limited, Annual General Meeting, Apr 27, 2022Interlink Communication Public Company Limited, Annual General Meeting, Apr 27, 2022, at 14:00 SE Asia Standard Time. Location: Grand Suvarnabhumi Meeting Room, 7th floor, Interlink Building, Interlink Communication Public Company Limited, 48 Ratchadaphisek Road, Samsennok, Huangkwang, Bangkok Thailand Agenda: To consider and approve the minute of the annual general meeting of the shareholders for the year 2021; to consider for acknowledge the company's operation result of the year 2021; to consider and approve of the statements of financial position and statements of comprehensive income for the year ended as at 31 December 2021; and to discuss other matters.Reported Earnings • Feb 24Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.70 (up from ฿0.36 in FY 2020). Revenue: ฿6.11b (up 18% from FY 2020). Net income: ฿353.1m (up 80% from FY 2020). Profit margin: 5.8% (up from 3.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 35%. Over the next year, revenue is expected to shrink by 12% compared to a 82% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 24+ 1 more updateInterlink Communication Public Company Limited Announces Dividend from Special Profits, Payable on May 26, 2022Interlink Communication Public Company Limited at its board meeting held on February 23, 2022 announced in the forthcoming AGM 2022 to pay dividend to shareholders from 2022 operation results, the dividend will be paid at the rate of THB 0.38 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of Million THB 206.58, consisting of dividends from normal operating profits at the rate of THB 0.14 per share and dividends from special profits at the rate of THB 0.24 per share, a total of THB 0.38 per share. The above dividend payment will pay to shareholders only those who are entitled to receive dividends in accordance with the company's regulations. Determine the list of shareholders for the right to receive dividends on May 11, 2022. The dividend payment date is May 26, 2022.Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS ฿0.14 (vs ฿0.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿1.55b (up 17% from 3Q 2020). Net income: ฿78.9m (up 45% from 3Q 2020). Profit margin: 5.1% (up from 4.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.13 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿1.19b (down 4.6% from 2Q 2020). Net income: ฿81.5m (up 18% from 2Q 2020). Profit margin: 6.9% (up from 5.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿8.35, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 27x in the Electronic industry in Thailand. Total returns to shareholders of 61% over the past three years.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿7.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 27x in the Electronic industry in Thailand. Total returns to shareholders of 52% over the past three years.Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.14 (vs ฿0.11 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿1.34b (flat on 1Q 2020). Net income: ฿74.8m (up 23% from 1Q 2020). Profit margin: 5.6% (up from 4.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 29Upcoming dividend of ฿0.14 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 19 May 2021. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.2%).Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improved over the past weekAfter last week's 25% share price gain to ฿6.15, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 27x in the Electronic industry in Thailand. Total returns to shareholders of 3.3% over the past three years.Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.36 (vs ฿0.23 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿5.18b (down 8.5% from FY 2019). Net income: ฿195.9m (up 57% from FY 2019). Profit margin: 3.8% (up from 2.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 2.8%, compared to a 10% growth forecast for the Electronic industry in Thailand.お知らせ • Mar 02Interlink Communication Public Company Limited, Annual General Meeting, Apr 20, 2021Interlink Communication Public Company Limited, Annual General Meeting, Apr 20, 2021, at 14:00 SE Asia Standard Time. Location: Grand Suvarnabhumi Meeting Room, 7th floor, Interlink Building 48 Ratchadaphisek Road, Samsennok, Huangkwang Bangkok Thailand Agenda: To consider and approve the Minute of the Annual General Meeting of the Shareholders for the year 2020 (The 17 Meeting) held on June 26, 2020; to consider for acknowledge the Company's Operation Result of the year 2020; to consider and approve of the Statements of Financial Position and Statements of Comprehensive Income for the year ended as at 31 December, 2020; to consider and approve the dividend payment Net Profit for the year ended 2020; to consider the approval the appointment of the Company's directors in lieu of the directors who will be retired by rotation and to specify authority of the Board of Directors; to consider the approval the appointment of auditors and determination the auditing fee for the year 2021; to consider the approval the remuneration of directors for the Year 2021; and to consider other businesses (if any).Is New 90 Day High Low • Feb 15New 90-day high: ฿5.00The company is up 4.0% from its price of ฿4.80 on 17 November 2020. The Thai market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 90% over the same period.Is New 90 Day High Low • Dec 21New 90-day low: ฿4.48The company is down 14% from its price of ฿5.20 on 22 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 89% over the same period.Is New 90 Day High Low • Nov 18New 90-day low: ฿4.68The company is down 2.0% from its price of ฿4.78 on 20 August 2020. The Thai market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 40% over the same period.Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ฿0.10The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.33b (down 28% from 3Q 2019). Net income: ฿54.6m (up 135% from 3Q 2019). Profit margin: 4.1% (up from 1.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Sep 24New 90-day high: ฿5.50The company is up 54% from its price of ฿3.56 on 25 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 92% over the same period.お知らせ • Sep 17Interlink Communication Public Company Limited Announces Progress Notification of the Second Automated People Mover (APM) Train Arrived in ThailandAs Interlink Communication Public Company Limited has won the bidding for the Procurement and Installation of Automated People Mover (APM) under Suvarnabhumi Airport Development Project (fiscal years 2011-2017) of Airports of Thailand Public Company Limited., total Contract Value of THB 2,099,900,000 (Two Thousand Ninety Nine Million and Nine Hundred Thousand Baht). The company has hired Siemens Mobility Company Limited from Austria in providing Automatic People Mover (APM) trains for connecting passengers between the main terminals and the Satellite 1: SAT-1, a total of six trains (twelve bogies). The first Automated People Mover (APM) was delivered to Suvarnabhumi Airport on 15 July 2020 and now is under the testing process for the readiness of installed equipment inside the train. By October this year, experts from Siemens Mobility Co. Ltd. will fully test the running system of the first Automated People Mover (APM). Latest, the second Automatic People Mover (APM) train (2 bogies) arrived at Laem Chabang port, Chonburi Province, Thailand on September 12, 2020 and was completely transported to Suvarnabhumi Airport on September 15, 2020. The Company expects to deliver all 6 Automatic People Mover (APM) trains (total of 12 bogies) within this year and accordingly run the testing process until the beginning of 2021.財務状況分析短期負債: ILINKの 短期資産 ( THB2.9B ) が 短期負債 ( THB767.5M ) を超えています。長期負債: ILINKの短期資産 ( THB2.9B ) が 長期負債 ( THB74.1M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: ILINK総負債よりも多くの現金を保有しています。負債の削減: ILINKの負債対資本比率は、過去 5 年間で128%から3.7%に減少しました。債務返済能力: ILINKの負債は 営業キャッシュフロー によって 十分にカバー されています ( 1483.2% )。インタレストカバレッジ: ILINKの負債に対する 利息支払い は EBIT ( 46.3 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend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2026/05/08 13:53終値2026/05/08 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Interlink Communication Public Company Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Phatipak NavawatanaKrungsri Securities Public Company LimitedMintra RattayapasKrungsri Securities Public Company LimitedRata LimsuthiwanpoomTTB Wealth Securities Public Company Limited
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.31 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 8.9%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (0.4%).
Price Target Changed • Mar 05Price target decreased by 19% to ฿6.90Down from ฿8.50, the current price target is provided by 1 analyst. New target price is 55% above last closing price of ฿4.46. Stock is down 21% over the past year. The company is forecast to post earnings per share of ฿0.68 next year compared to a net loss per share of ฿0.82 last year.
New Risk • Mar 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿2.58b market cap, or US$81.4m).
Declared Dividend • Mar 04Dividend reduced to ฿0.31Dividend of ฿0.31 is 26% lower than last year. Ex-date: 6th May 2026 Payment date: 21st May 2026 Dividend yield will be 7.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 9.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 4.6% over the next 2 years. However, it would need to fall by 33% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Mar 03+ 1 more updateInterlink Communication Public Company Limited announces Annual dividend, payable on May 21, 2026Interlink Communication Public Company Limited announced Annual dividend of THB 0.3100 per share payable on May 21, 2026, ex-date on May 06, 2026 and record date on May 07, 2026.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.16 (vs ฿0.26 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.16 (down from ฿0.26 in 3Q 2024). Revenue: ฿1.67b (down 8.6% from 3Q 2024). Net income: ฿85.8m (down 40% from 3Q 2024). Profit margin: 5.1% (down from 7.8% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 19% 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 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.12 (vs ฿0.21 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.12 (down from ฿0.21 in 2Q 2024). Revenue: ฿1.32b (down 11% from 2Q 2024). Net income: ฿66.1m (down 42% from 2Q 2024). Profit margin: 5.0% (down from 7.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.7% 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 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.17 (vs ฿0.32 in 1Q 2024)First quarter 2025 results: EPS: ฿0.17 (down from ฿0.32 in 1Q 2024). Revenue: ฿1.78b (flat on 1Q 2024). Net income: ฿94.3m (down 46% from 1Q 2024). Profit margin: 5.3% (down from 9.8% in 1Q 2024). Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electronic industry in Thailand. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 30Upcoming dividend of ฿0.42 per shareEligible shareholders must have bought the stock before 07 May 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 7.4%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (1.0%).
お知らせ • Apr 24Interlink Communication Public Company Limited Approves Dividend for the Year 2024, Payable on May 23, 2025Interlink Communication Public Company Limited announced that at its AGM held on April 24, 2025, shareholders approved the dividend payment to shareholders for the year 2024 at the rate of THB 0.42 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of Million THB 228.33. The company will pay dividends to the shareholders as listed on the list of eligible shareholders is schedule on 8th May, 2025 and dividends will be paid on 23th May, 2025.
Major Estimate Revision • Mar 19Consensus revenue estimates fall by 18%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿7.76b to ฿6.40b. EPS estimate fell from ฿0.94 to ฿0.79 per share. Net income forecast to shrink 24% next year vs 9.7% growth forecast for Electronic industry in Thailand . Consensus price target of ฿7.85 unchanged from last update. Share price rose 3.4% to ฿6.10 over the past week.
Price Target Changed • Mar 18Price target increased by 9.0% to ฿7.85Up from ฿7.20, the current price target is an average from 2 analysts. New target price is 29% above last closing price of ฿6.10. Stock is down 16% over the past year. The company is forecast to post earnings per share of ฿0.79 for next year compared to ฿1.04 last year.
Declared Dividend • Mar 02Dividend increased to ฿0.42Dividend of ฿0.42 is 7.7% higher than last year. Ex-date: 7th May 2025 Payment date: 23rd May 2025 Dividend yield will be 7.4%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (38% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 29% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 8.6% over the next 2 years. However, it would need to fall by 58% to increase the payout ratio to a potentially unsustainable range.
お知らせ • Mar 01Interlink Communication Public Company Limited Proposes Dividend for the Operating Period from January 1, 2024 to December 31, 2024, Payable on May 23, 2025Interlink Communication Public Company Limited proposed dividend of THB 0.42 per share for the operating period from January 1, 2024 to December 31, 2024. Record date for the right to receive dividends is May 8, 2025, Ex-Dividend date is May 7, 2025. Payment date is May 23, 2025.
お知らせ • Feb 28Interlink Communication Public Company Limited, Annual General Meeting, Apr 24, 2025Interlink Communication Public Company Limited, Annual General Meeting, Apr 24, 2025, at 14:00 SE Asia Standard Time. Location: grand suvarnabhumi, no. 48 interlink building, ratchadapisek road, samsennok, huay khwang, Thailand
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: ฿0.26 (vs ฿0.29 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.26 (down from ฿0.29 in 3Q 2023). Revenue: ฿1.83b (down 15% from 3Q 2023). Net income: ฿142.6m (down 9.1% from 3Q 2023). Profit margin: 7.8% (up from 7.3% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.2% 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 21% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Oct 28New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.34b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.3% operating cash flow to total debt). Earnings are forecast to decline by an average of 3.9% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.34b market cap, or US$98.9m).
Reported Earnings • Aug 17Second quarter 2024 earnings: EPS and revenues miss analyst expectationsSecond quarter 2024 results: EPS: ฿0.21 (down from ฿0.22 in 2Q 2023). Revenue: ฿1.49b (up 11% from 2Q 2023). Net income: ฿113.0m (down 5.0% from 2Q 2023). Profit margin: 7.6% (down from 8.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 47%. Revenue is forecast to grow 1.4% 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 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.37 (vs ฿0.23 in 1Q 2023)First quarter 2024 results: EPS: ฿0.37 (up from ฿0.23 in 1Q 2023). Revenue: ฿1.83b (up 12% from 1Q 2023). Net income: ฿202.5m (up 59% from 1Q 2023). Profit margin: 11% (up from 7.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% 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 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
New Risk • May 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (5.9% operating cash flow to total debt). Earnings are forecast to decline by an average of 1.8% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.64b market cap, or US$99.6m).
お知らせ • Apr 24Interlink Communication Public Company Limited Approves Dividend Payment for the Year 2023, Payable on 23 May, 2024Interlink Communication Public Company Limited held the 2024 Annual General Meeting of Shareholders No. 21 on 24th April 2024, approved the dividend payment to shareholders for the year 2023 at the rate of THB 0.39 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of THB 212.02 Million. The Company will pay dividends to the shareholders as listed on the list of eligible shareholders is schedule on 8th May, 2024 and dividends will be paid on 23th May, 2024.
New Risk • Apr 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.62b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (5.9% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.62b market cap, or US$98.2m).
Declared Dividend • Feb 29Dividend increased to ฿0.39Dividend of ฿0.39 is 95% higher than last year. Ex-date: 7th May 2024 Payment date: 23rd May 2024 Dividend yield will be 5.1%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 3.1% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 28+ 1 more updateInterlink Communication Public Company Limited Proposes Dividend for the Year 2023, Payable on 23 May 2024Interlink Communication Public Company Limited proposed at Annual General Meeting of Shareholders to be held on 24 April 2024 to pay dividend to shareholders from 2023 operation results, the dividend will be paid at the rate of THB 0.39 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of Million THB 212.02. The above dividend payment will pay to shareholders only those who are entitled to receive dividends in accordance with the company's regulations. Determine the list of shareholders for the right to receive dividends on 8 May 2024. The dividend payment date is 23 May 2024.
Reported Earnings • Feb 28Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ฿0.98 (up from ฿0.70 in FY 2022). Revenue: ฿6.97b (down 1.8% from FY 2022). Net income: ฿531.6m (up 39% from FY 2022). Profit margin: 7.6% (up from 5.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 1.0%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 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 30% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 21Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: ฿0.29 (up from ฿0.16 in 3Q 2022). Revenue: ฿2.15b (up 19% from 3Q 2022). Net income: ฿156.9m (up 84% from 3Q 2022). Profit margin: 7.3% (up from 4.7% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is forecast to grow 5.9% 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 30% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.62b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿3.62b market cap, or US$99.0m).
New Risk • Aug 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Aug 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.22 (vs ฿0.17 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.22 (up from ฿0.17 in 2Q 2022). Revenue: ฿1.34b (down 17% from 2Q 2022). Net income: ฿118.9m (up 30% from 2Q 2022). Profit margin: 8.8% (up from 5.6% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% 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 30% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 13First quarter 2023 earnings released: EPS: ฿0.23 (vs ฿0.16 in 1Q 2022)First quarter 2023 results: EPS: ฿0.23 (up from ฿0.16 in 1Q 2022). Revenue: ฿1.64b (up 14% from 1Q 2022). Net income: ฿127.5m (up 51% from 1Q 2022). Profit margin: 7.8% (up from 5.9% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 29% per year.
Upcoming Dividend • May 03Upcoming dividend of ฿0.20 per share at 3.0% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 26 May 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.1%).
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Patareeya Benjapolchai was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.17 (vs ฿0.15 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.17 (up from ฿0.15 in 2Q 2021). Revenue: ฿1.63b (up 37% from 2Q 2021). Net income: ฿91.5m (up 12% from 2Q 2021). Profit margin: 5.6% (down from 6.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 11Interlink Communication Public Company Limited Appoints Varisa Anuntarumporn as Risk Management CommitteeInterlink Communication Public Company Limited has approved the appointment of Miss. Varisa Anuntarumporn as Risk Management Committee, effective from August 10, 2022.
Reported Earnings • May 16First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.16 (up from ฿0.15 in 1Q 2021). Revenue: ฿1.43b (up 3.3% from 1Q 2021). Net income: ฿84.7m (up 13% from 1Q 2021). Profit margin: 5.9% (up from 5.4% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 35%. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 03Upcoming dividend of ฿0.38 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 26 May 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Thai dividend payers (5.1%). In line with average of industry peers (1.4%).
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Patareeya Benjapolchai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿10.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 19x in the Electronic industry in Thailand. Total returns to shareholders of 118% over the past three years.
お知らせ • Feb 25Interlink Communication Public Company Limited, Annual General Meeting, Apr 27, 2022Interlink Communication Public Company Limited, Annual General Meeting, Apr 27, 2022, at 14:00 SE Asia Standard Time. Location: Grand Suvarnabhumi Meeting Room, 7th floor, Interlink Building, Interlink Communication Public Company Limited, 48 Ratchadaphisek Road, Samsennok, Huangkwang, Bangkok Thailand Agenda: To consider and approve the minute of the annual general meeting of the shareholders for the year 2021; to consider for acknowledge the company's operation result of the year 2021; to consider and approve of the statements of financial position and statements of comprehensive income for the year ended as at 31 December 2021; and to discuss other matters.
Reported Earnings • Feb 24Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.70 (up from ฿0.36 in FY 2020). Revenue: ฿6.11b (up 18% from FY 2020). Net income: ฿353.1m (up 80% from FY 2020). Profit margin: 5.8% (up from 3.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 35%. Over the next year, revenue is expected to shrink by 12% compared to a 82% growth forecast for the industry in Thailand. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 24+ 1 more updateInterlink Communication Public Company Limited Announces Dividend from Special Profits, Payable on May 26, 2022Interlink Communication Public Company Limited at its board meeting held on February 23, 2022 announced in the forthcoming AGM 2022 to pay dividend to shareholders from 2022 operation results, the dividend will be paid at the rate of THB 0.38 per share from the total paid up shares of 543,632,325 shares with a par value of THB 1 per share, totaling a dividend of Million THB 206.58, consisting of dividends from normal operating profits at the rate of THB 0.14 per share and dividends from special profits at the rate of THB 0.24 per share, a total of THB 0.38 per share. The above dividend payment will pay to shareholders only those who are entitled to receive dividends in accordance with the company's regulations. Determine the list of shareholders for the right to receive dividends on May 11, 2022. The dividend payment date is May 26, 2022.
Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS ฿0.14 (vs ฿0.10 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿1.55b (up 17% from 3Q 2020). Net income: ฿78.9m (up 45% from 3Q 2020). Profit margin: 5.1% (up from 4.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.15 (vs ฿0.13 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ฿1.19b (down 4.6% from 2Q 2020). Net income: ฿81.5m (up 18% from 2Q 2020). Profit margin: 6.9% (up from 5.6% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 12% per year.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improved over the past weekAfter last week's 21% share price gain to ฿8.35, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 27x in the Electronic industry in Thailand. Total returns to shareholders of 61% over the past three years.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿7.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 27x in the Electronic industry in Thailand. Total returns to shareholders of 52% over the past three years.
Reported Earnings • May 14First quarter 2021 earnings released: EPS ฿0.14 (vs ฿0.11 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿1.34b (flat on 1Q 2020). Net income: ฿74.8m (up 23% from 1Q 2020). Profit margin: 5.6% (up from 4.5% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.14 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 19 May 2021. Trailing yield: 2.3%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.2%).
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improved over the past weekAfter last week's 25% share price gain to ฿6.15, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 27x in the Electronic industry in Thailand. Total returns to shareholders of 3.3% over the past three years.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.36 (vs ฿0.23 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿5.18b (down 8.5% from FY 2019). Net income: ฿195.9m (up 57% from FY 2019). Profit margin: 3.8% (up from 2.2% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Over the next year, revenue is forecast to grow 2.8%, compared to a 10% growth forecast for the Electronic industry in Thailand.
お知らせ • Mar 02Interlink Communication Public Company Limited, Annual General Meeting, Apr 20, 2021Interlink Communication Public Company Limited, Annual General Meeting, Apr 20, 2021, at 14:00 SE Asia Standard Time. Location: Grand Suvarnabhumi Meeting Room, 7th floor, Interlink Building 48 Ratchadaphisek Road, Samsennok, Huangkwang Bangkok Thailand Agenda: To consider and approve the Minute of the Annual General Meeting of the Shareholders for the year 2020 (The 17 Meeting) held on June 26, 2020; to consider for acknowledge the Company's Operation Result of the year 2020; to consider and approve of the Statements of Financial Position and Statements of Comprehensive Income for the year ended as at 31 December, 2020; to consider and approve the dividend payment Net Profit for the year ended 2020; to consider the approval the appointment of the Company's directors in lieu of the directors who will be retired by rotation and to specify authority of the Board of Directors; to consider the approval the appointment of auditors and determination the auditing fee for the year 2021; to consider the approval the remuneration of directors for the Year 2021; and to consider other businesses (if any).
Is New 90 Day High Low • Feb 15New 90-day high: ฿5.00The company is up 4.0% from its price of ฿4.80 on 17 November 2020. The Thai market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 90% over the same period.
Is New 90 Day High Low • Dec 21New 90-day low: ฿4.48The company is down 14% from its price of ฿5.20 on 22 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 89% over the same period.
Is New 90 Day High Low • Nov 18New 90-day low: ฿4.68The company is down 2.0% from its price of ฿4.78 on 20 August 2020. The Thai market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 40% over the same period.
Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ฿0.10The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.33b (down 28% from 3Q 2019). Net income: ฿54.6m (up 135% from 3Q 2019). Profit margin: 4.1% (up from 1.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Sep 24New 90-day high: ฿5.50The company is up 54% from its price of ฿3.56 on 25 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 92% over the same period.
お知らせ • Sep 17Interlink Communication Public Company Limited Announces Progress Notification of the Second Automated People Mover (APM) Train Arrived in ThailandAs Interlink Communication Public Company Limited has won the bidding for the Procurement and Installation of Automated People Mover (APM) under Suvarnabhumi Airport Development Project (fiscal years 2011-2017) of Airports of Thailand Public Company Limited., total Contract Value of THB 2,099,900,000 (Two Thousand Ninety Nine Million and Nine Hundred Thousand Baht). The company has hired Siemens Mobility Company Limited from Austria in providing Automatic People Mover (APM) trains for connecting passengers between the main terminals and the Satellite 1: SAT-1, a total of six trains (twelve bogies). The first Automated People Mover (APM) was delivered to Suvarnabhumi Airport on 15 July 2020 and now is under the testing process for the readiness of installed equipment inside the train. By October this year, experts from Siemens Mobility Co. Ltd. will fully test the running system of the first Automated People Mover (APM). Latest, the second Automatic People Mover (APM) train (2 bogies) arrived at Laem Chabang port, Chonburi Province, Thailand on September 12, 2020 and was completely transported to Suvarnabhumi Airport on September 15, 2020. The Company expects to deliver all 6 Automatic People Mover (APM) trains (total of 12 bogies) within this year and accordingly run the testing process until the beginning of 2021.