View ValuationSino Logistics Corporation 将来の成長Future 基準チェック /06現在、 Sino Logisticsの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Logistics 収益成長14.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Major Estimate Revision • May 21Consensus revenue estimates increase by 24%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ฿2.18b to ฿2.70b. EPS estimate fell from ฿0.12 to ฿0.10. Net income forecast to grow 90% next year vs 45% growth forecast for Logistics industry in Thailand. Consensus price target down from ฿2.00 to ฿1.70. Share price was steady at ฿1.33 over the past week.すべての更新を表示Recent updatesReported Earnings • May 20First quarter 2026 earnings released: EPS: ฿0.002 (vs ฿0.025 in 1Q 2025)First quarter 2026 results: EPS: ฿0.002 (down from ฿0.025 in 1Q 2025). Revenue: ฿600.6m (down 27% from 1Q 2025). Net income: ฿2.23m (down 92% from 1Q 2025). Profit margin: 0.4% (down from 3.2% in 1Q 2025). The decrease in margin was driven by lower revenue.Upcoming Dividend • Apr 28Upcoming dividend of ฿0.029 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 22 May 2026. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 6.6%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.8%).Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.061 (vs ฿0.084 in FY 2024)Full year 2025 results: EPS: ฿0.061 (down from ฿0.084 in FY 2024). Revenue: ฿2.84b (down 23% from FY 2024). Net income: ฿63.6m (down 27% from FY 2024). Profit margin: 2.2% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue.Declared Dividend • Feb 23Dividend of ฿0.029 announcedShareholders will receive a dividend of ฿0.029. Ex-date: 5th May 2026 Payment date: 22nd May 2026 Dividend yield will be 6.1%, which is lower than the industry average of 7.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 131% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS has declined by 41% over the last 5 years so the company would need to reverse this trend.お知らせ • Feb 20Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2026Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2026, at 14:00 SE Asia Standard Time. Location: pimarn ballroom, grande centre point lumphini, bangkok hotel, 1188 rama 4 road, sathon,thungmahamek, bangkok 10120 ThailandReported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.036 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.02 (down from ฿0.036 in 3Q 2024). Revenue: ฿743.6m (down 46% from 3Q 2024). Net income: ฿21.2m (down 43% from 3Q 2024). Profit margin: 2.9% (up from 2.7% in 3Q 2024). The increase in margin was driven by lower expenses.Declared Dividend • Aug 16First half dividend of ฿0.029 announcedShareholders will receive a dividend of ฿0.029. Ex-date: 28th August 2025 Payment date: 10th September 2025 Dividend yield will be 9.5%, which is higher than the industry average of 7.4%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (40% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is less than the 39% EPS decline seen over the last 5 years.New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿1.01b market cap, or US$31.0m).Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿1.02, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 9x in the Logistics industry in Thailand. Total loss to shareholders of 17% over the past year.Reported Earnings • May 11First quarter 2025 earnings released: EPS: ฿0.025 (vs ฿0.005 in 1Q 2024)First quarter 2025 results: EPS: ฿0.025 (up from ฿0.005 in 1Q 2024). Revenue: ฿819.1m (up 5.3% from 1Q 2024). Net income: ฿26.5m (up 397% from 1Q 2024). Profit margin: 3.2% (up from 0.7% in 1Q 2024). The increase in margin was driven by higher revenue.Upcoming Dividend • Apr 25Upcoming dividend of ฿0.063 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 23 May 2025. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.3%).New Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 176% Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿998.4m market cap, or US$29.5m).Declared Dividend • Feb 27Final dividend of ฿0.063 announcedShareholders will receive a dividend of ฿0.063. Ex-date: 2nd May 2025 Payment date: 23rd May 2025 Dividend yield will be 8.2%, which is higher than the industry average of 7.4%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (66% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ฿0.08 (up from ฿0.061 in FY 2023). Revenue: ฿3.70b (up 104% from FY 2023). Net income: ฿87.6m (up 66% from FY 2023). Profit margin: 2.4% (down from 2.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is expected to decline by 5.8% p.a. on average during the next 2 years, while revenues in the Logistics industry in Thailand are expected to grow by 6.2%.お知らせ • Feb 26+ 1 more updateSino Logistics Corporation Public Company Limited Proposes Dividend for the Second Half from July 1, 2024 to December 31, 2024, Payable on May 23, 2025Sino Logistics Corporation Public Company Limited announced that the remaining dividend payment will be paid from the net profit of the 2nd Half of 2024 from July 1 - December 31, 2024, of THB 65,000,000 or the rate of THB 0.0625 per share for the registered and paid-up capital of 1,040,000,000 shares at the par value of THB 0.50 and subject to the deduction of withholding tax which comply by law. The determination of record date which shareholder shall have the right to receive the dividend will be on May 6, 2025, and the dividend payment will be paid on May 23, 2025. However, the right to receive the dividend is being determined and subjected to approval from the 2025 AGM. Ex-dividend date is 02 May, 2025.Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.009 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.04 (up from ฿0.009 in 3Q 2023). Revenue: ฿1.38b (up 186% from 3Q 2023). Net income: ฿37.4m (up 419% from 3Q 2023). Profit margin: 2.7% (up from 1.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Logistics industry in Thailand.Upcoming Dividend • Aug 15Upcoming dividend of ฿0.014 per shareEligible shareholders must have bought the stock before 22 August 2024. Payment date: 06 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.5%. Lower than top quartile of Thai dividend payers (7.0%). In line with average of industry peers (2.6%).Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.027 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.01 (down from ฿0.027 in 2Q 2023). Revenue: ฿735.6m (up 83% from 2Q 2023). Net income: ฿12.7m (down 42% from 2Q 2023). Profit margin: 1.7% (down from 5.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Logistics industry in Thailand.お知らせ • Aug 10Sino Logistics Corporation Public Company Limited Announces Cash Dividend Payment for the Period from October 1 January, 2024 to June 30, 2024, Payable on September 06, 2024Sino Logistics Corporation Public Company Limited announced the cash dividend payment of THB 0.014423 for the period from October 1 - January, 2024 to June 30, 2024. Record date for the right to receive dividends: 23, August 2024, Ex-dividend date is August 22, 2024 and Payment date is September 06, 2024.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿1.29, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Logistics industry in Thailand.New Risk • Jun 01New 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 8.9% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (฿1.60b market cap, or US$43.5m).Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿1.49, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Logistics industry in Thailand.Major Estimate Revision • May 21Consensus revenue estimates increase by 24%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ฿2.18b to ฿2.70b. EPS estimate fell from ฿0.12 to ฿0.10. Net income forecast to grow 90% next year vs 45% growth forecast for Logistics industry in Thailand. Consensus price target down from ฿2.00 to ฿1.70. Share price was steady at ฿1.33 over the past week.Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.005 (vs ฿0.03 in 1Q 2023)First quarter 2024 results: EPS: ฿0.005 (down from ฿0.03 in 1Q 2023). Revenue: ฿777.9m (up 78% from 1Q 2023). Net income: ฿5.34m (down 78% from 1Q 2023). Profit margin: 0.7% (down from 5.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Logistics industry in Thailand.お知らせ • Apr 26Sino Logistics Corporation Public Company Limited Approves Dividend for the Fourth Quarter from October 1 to December 31, 2023, Payable on May 20, 2024Sino Logistics Corporation Public Company Limited at its AGM held on April 24, 2024, approved the dividend payment from the fourth quarter from October 1 - December 31, 2023's operating performance at THB 0.014423 in the amount of not exceeding to THB 15,000,000. The Record Date for specifying the list of shareholders who have the right to receive this dividend was on May 3, 2024, and the dividend will be paid on May 20, 2024.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: ฿0.06 (vs ฿1.34 in FY 2022)Full year 2023 results: EPS: ฿0.06 (down from ฿1.34 in FY 2022). Revenue: ฿1.81b (down 70% from FY 2022). Net income: ฿52.7m (down 92% from FY 2022). Profit margin: 2.9% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Logistics industry in Thailand.お知らせ • Feb 25Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2024Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the Company's performance for the year 2023; to consider and approve the Financial Statements of the Company and its subsidiaries for the year ended 31 December 2023; to consider and approve the appropriation of the net profit as legal reserve and dividend payment for the year 2023; to consider and approve the election of the Company's directors to replace those retiring by rotation; to consider and approve the Director's Remuneration for the year 2024 and director's bonus; to consider and approve the appointment of the auditor and fix audit fee for the year 2024; to consider and approve the addition to the Company's objectives and the amendment of Clause 3 of the Company's Memorandum of Association; and to consider other issues.Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.10 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.01 (down from ฿0.10 in 3Q 2022). Revenue: ฿481.0m (down 57% from 3Q 2022). Net income: ฿7.19m (down 91% from 3Q 2022). Profit margin: 1.5% (down from 7.4% in 3Q 2022). The decrease in margin was driven by lower revenue.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ฿1.30, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 11x in the Logistics industry in Thailand.Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿1.13, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 11x in the Logistics industry in Thailand.Reported Earnings • Sep 22Second quarter 2023 earnings released: EPS: ฿0.027 (vs ฿1.17 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.027 (down from ฿1.17 in 2Q 2022). Revenue: ฿403.1m (down 76% from 2Q 2022). Net income: ฿21.9m (down 92% from 2Q 2022). Profit margin: 5.4% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue.Board Change • Sep 22No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Sino Logistics Corporation は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測SET:SINO - アナリストの将来予測と過去の財務データ ( )THB Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20262,62439169211N/A12/31/20252,84264163204N/A9/30/20253,06493343382N/A6/30/20253,696109202238N/A3/31/20253,741109207210N/A12/31/20243,700884547N/A9/30/20243,37955-184-183N/A6/30/20242,48425-117-116N/A3/31/20242,15234-209-202N/A12/31/20231,81053-108-98N/A9/30/20231,99494100118N/A6/30/20233,051211355374N/A3/31/20234,507452694708N/A12/31/20225,9316911,0171,031N/A9/30/20226,962762971988N/A6/30/20227,128748858883N/A3/31/20225,907534548572N/A12/31/20214,685319238261N/A12/31/202081925N/AN/AN/A12/31/20195866N/AN/AN/A12/31/20185301N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SINOの予測収益成長が 貯蓄率 ( 2.2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: SINOの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: SINOの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: SINOの収益がTH市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: SINOの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SINOの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTransportation 業界の高成長企業。View Past Performance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2026/05/24 10:26終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sino Logistics Corporation Public Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Jitra AmornthumFSS International Advisory
Major Estimate Revision • May 21Consensus revenue estimates increase by 24%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ฿2.18b to ฿2.70b. EPS estimate fell from ฿0.12 to ฿0.10. Net income forecast to grow 90% next year vs 45% growth forecast for Logistics industry in Thailand. Consensus price target down from ฿2.00 to ฿1.70. Share price was steady at ฿1.33 over the past week.
Reported Earnings • May 20First quarter 2026 earnings released: EPS: ฿0.002 (vs ฿0.025 in 1Q 2025)First quarter 2026 results: EPS: ฿0.002 (down from ฿0.025 in 1Q 2025). Revenue: ฿600.6m (down 27% from 1Q 2025). Net income: ฿2.23m (down 92% from 1Q 2025). Profit margin: 0.4% (down from 3.2% in 1Q 2025). The decrease in margin was driven by lower revenue.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.029 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 22 May 2026. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 6.6%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (5.8%).
Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.061 (vs ฿0.084 in FY 2024)Full year 2025 results: EPS: ฿0.061 (down from ฿0.084 in FY 2024). Revenue: ฿2.84b (down 23% from FY 2024). Net income: ฿63.6m (down 27% from FY 2024). Profit margin: 2.2% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue.
Declared Dividend • Feb 23Dividend of ฿0.029 announcedShareholders will receive a dividend of ฿0.029. Ex-date: 5th May 2026 Payment date: 22nd May 2026 Dividend yield will be 6.1%, which is lower than the industry average of 7.4%. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is well covered by cash flows (23% cash payout ratio). The dividend has increased by an average of 131% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 14% to bring the payout ratio under control. However, EPS has declined by 41% over the last 5 years so the company would need to reverse this trend.
お知らせ • Feb 20Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2026Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2026, at 14:00 SE Asia Standard Time. Location: pimarn ballroom, grande centre point lumphini, bangkok hotel, 1188 rama 4 road, sathon,thungmahamek, bangkok 10120 Thailand
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.036 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.02 (down from ฿0.036 in 3Q 2024). Revenue: ฿743.6m (down 46% from 3Q 2024). Net income: ฿21.2m (down 43% from 3Q 2024). Profit margin: 2.9% (up from 2.7% in 3Q 2024). The increase in margin was driven by lower expenses.
Declared Dividend • Aug 16First half dividend of ฿0.029 announcedShareholders will receive a dividend of ฿0.029. Ex-date: 28th August 2025 Payment date: 10th September 2025 Dividend yield will be 9.5%, which is higher than the industry average of 7.4%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (40% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is less than the 39% EPS decline seen over the last 5 years.
New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 40% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿1.01b market cap, or US$31.0m).
Valuation Update With 7 Day Price Move • May 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿1.02, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 9x in the Logistics industry in Thailand. Total loss to shareholders of 17% over the past year.
Reported Earnings • May 11First quarter 2025 earnings released: EPS: ฿0.025 (vs ฿0.005 in 1Q 2024)First quarter 2025 results: EPS: ฿0.025 (up from ฿0.005 in 1Q 2024). Revenue: ฿819.1m (up 5.3% from 1Q 2024). Net income: ฿26.5m (up 397% from 1Q 2024). Profit margin: 3.2% (up from 0.7% in 1Q 2024). The increase in margin was driven by higher revenue.
Upcoming Dividend • Apr 25Upcoming dividend of ฿0.063 per shareEligible shareholders must have bought the stock before 02 May 2025. Payment date: 23 May 2025. Payout ratio is on the higher end at 91%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.3%).
New Risk • Mar 12New major risk - Revenue and earnings growthEarnings have declined by 14% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Cash payout ratio: 176% Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿998.4m market cap, or US$29.5m).
Declared Dividend • Feb 27Final dividend of ฿0.063 announcedShareholders will receive a dividend of ฿0.063. Ex-date: 2nd May 2025 Payment date: 23rd May 2025 Dividend yield will be 8.2%, which is higher than the industry average of 7.4%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (66% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 24% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 26Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ฿0.08 (up from ฿0.061 in FY 2023). Revenue: ฿3.70b (up 104% from FY 2023). Net income: ฿87.6m (up 66% from FY 2023). Profit margin: 2.4% (down from 2.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 23%. Earnings per share (EPS) also surpassed analyst estimates by 14%. Revenue is expected to decline by 5.8% p.a. on average during the next 2 years, while revenues in the Logistics industry in Thailand are expected to grow by 6.2%.
お知らせ • Feb 26+ 1 more updateSino Logistics Corporation Public Company Limited Proposes Dividend for the Second Half from July 1, 2024 to December 31, 2024, Payable on May 23, 2025Sino Logistics Corporation Public Company Limited announced that the remaining dividend payment will be paid from the net profit of the 2nd Half of 2024 from July 1 - December 31, 2024, of THB 65,000,000 or the rate of THB 0.0625 per share for the registered and paid-up capital of 1,040,000,000 shares at the par value of THB 0.50 and subject to the deduction of withholding tax which comply by law. The determination of record date which shareholder shall have the right to receive the dividend will be on May 6, 2025, and the dividend payment will be paid on May 23, 2025. However, the right to receive the dividend is being determined and subjected to approval from the 2025 AGM. Ex-dividend date is 02 May, 2025.
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.009 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.04 (up from ฿0.009 in 3Q 2023). Revenue: ฿1.38b (up 186% from 3Q 2023). Net income: ฿37.4m (up 419% from 3Q 2023). Profit margin: 2.7% (up from 1.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 5.7% growth forecast for the Logistics industry in Thailand.
Upcoming Dividend • Aug 15Upcoming dividend of ฿0.014 per shareEligible shareholders must have bought the stock before 22 August 2024. Payment date: 06 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.5%. Lower than top quartile of Thai dividend payers (7.0%). In line with average of industry peers (2.6%).
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.027 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.01 (down from ฿0.027 in 2Q 2023). Revenue: ฿735.6m (up 83% from 2Q 2023). Net income: ฿12.7m (down 42% from 2Q 2023). Profit margin: 1.7% (down from 5.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Logistics industry in Thailand.
お知らせ • Aug 10Sino Logistics Corporation Public Company Limited Announces Cash Dividend Payment for the Period from October 1 January, 2024 to June 30, 2024, Payable on September 06, 2024Sino Logistics Corporation Public Company Limited announced the cash dividend payment of THB 0.014423 for the period from October 1 - January, 2024 to June 30, 2024. Record date for the right to receive dividends: 23, August 2024, Ex-dividend date is August 22, 2024 and Payment date is September 06, 2024.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿1.29, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Logistics industry in Thailand.
New Risk • Jun 01New 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 8.9% 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.9% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (2.9% net profit margin). Market cap is less than US$100m (฿1.60b market cap, or US$43.5m).
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿1.49, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Logistics industry in Thailand.
Major Estimate Revision • May 21Consensus revenue estimates increase by 24%, EPS downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ฿2.18b to ฿2.70b. EPS estimate fell from ฿0.12 to ฿0.10. Net income forecast to grow 90% next year vs 45% growth forecast for Logistics industry in Thailand. Consensus price target down from ฿2.00 to ฿1.70. Share price was steady at ฿1.33 over the past week.
Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.005 (vs ฿0.03 in 1Q 2023)First quarter 2024 results: EPS: ฿0.005 (down from ฿0.03 in 1Q 2023). Revenue: ฿777.9m (up 78% from 1Q 2023). Net income: ฿5.34m (down 78% from 1Q 2023). Profit margin: 0.7% (down from 5.5% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Logistics industry in Thailand.
お知らせ • Apr 26Sino Logistics Corporation Public Company Limited Approves Dividend for the Fourth Quarter from October 1 to December 31, 2023, Payable on May 20, 2024Sino Logistics Corporation Public Company Limited at its AGM held on April 24, 2024, approved the dividend payment from the fourth quarter from October 1 - December 31, 2023's operating performance at THB 0.014423 in the amount of not exceeding to THB 15,000,000. The Record Date for specifying the list of shareholders who have the right to receive this dividend was on May 3, 2024, and the dividend will be paid on May 20, 2024.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: ฿0.06 (vs ฿1.34 in FY 2022)Full year 2023 results: EPS: ฿0.06 (down from ฿1.34 in FY 2022). Revenue: ฿1.81b (down 70% from FY 2022). Net income: ฿52.7m (down 92% from FY 2022). Profit margin: 2.9% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Logistics industry in Thailand.
お知らせ • Feb 25Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2024Sino Logistics Corporation Public Company Limited, Annual General Meeting, Apr 24, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the Company's performance for the year 2023; to consider and approve the Financial Statements of the Company and its subsidiaries for the year ended 31 December 2023; to consider and approve the appropriation of the net profit as legal reserve and dividend payment for the year 2023; to consider and approve the election of the Company's directors to replace those retiring by rotation; to consider and approve the Director's Remuneration for the year 2024 and director's bonus; to consider and approve the appointment of the auditor and fix audit fee for the year 2024; to consider and approve the addition to the Company's objectives and the amendment of Clause 3 of the Company's Memorandum of Association; and to consider other issues.
Reported Earnings • Nov 13Third quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.10 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.01 (down from ฿0.10 in 3Q 2022). Revenue: ฿481.0m (down 57% from 3Q 2022). Net income: ฿7.19m (down 91% from 3Q 2022). Profit margin: 1.5% (down from 7.4% in 3Q 2022). The decrease in margin was driven by lower revenue.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ฿1.30, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 11x in the Logistics industry in Thailand.
Valuation Update With 7 Day Price Move • Oct 20Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ฿1.13, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 11x in the Logistics industry in Thailand.
Reported Earnings • Sep 22Second quarter 2023 earnings released: EPS: ฿0.027 (vs ฿1.17 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.027 (down from ฿1.17 in 2Q 2022). Revenue: ฿403.1m (down 76% from 2Q 2022). Net income: ฿21.9m (down 92% from 2Q 2022). Profit margin: 5.4% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue.
Board Change • Sep 22No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.