View Past PerformanceAbsolute Clean Energy バランスシートの健全性財務の健全性 基準チェック /36Absolute Clean Energyの総株主資本はTHB16.8B 、総負債はTHB7.8Bで、負債比率は46.5%となります。総資産と総負債はそれぞれTHB25.8BとTHB9.0Bです。 Absolute Clean Energyの EBIT はTHB1.4Bで、利息カバレッジ比率4.4です。現金および短期投資はTHB755.7Mです。主要情報46.53%負債資本比率฿7.84b負債インタレスト・カバレッジ・レシオ4.4x現金฿755.65mエクイティ฿16.85b負債合計฿8.95b総資産฿25.80b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 updatesReported Earnings • May 20First quarter 2026 earnings released: EPS: ฿0.03 (vs ฿0.022 in 1Q 2025)First quarter 2026 results: EPS: ฿0.03 (up from ฿0.022 in 1Q 2025). Revenue: ฿1.59b (down 2.6% from 1Q 2025). Net income: ฿314.4m (up 39% from 1Q 2025). Profit margin: 20% (up from 14% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 12% per year.Upcoming Dividend • Mar 19Upcoming dividend of ฿0.01 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 28 May 2026. The company last paid an ordinary dividend in May 2020. The average dividend yield among industry peers is 2.9%.お知らせ • Mar 14+ 1 more updateAbsolute Clean Energy Public Company Limited Proposes Cash Dividend Payment for the Operating Period from 01-Jan-2025 to 31-Dec-2025, Payable on 28-May-2026Absolute Clean Energy Public Company Limited proposed a cash dividend payment of THB 0.01 per share for its common shareholders. The record date for the right to receive dividends is set for 27-Mar-2026, with an ex-dividend date of 26-Mar-2026. The payment date for the dividend is scheduled for 28-May-2026. This cash dividend payment is being made from the operating period that spans from 01-Jan-2025 to 31-Dec-2025.Reported Earnings • Mar 03Full year 2025 earnings released: EPS: ฿0.08 (vs ฿0.083 in FY 2024)Full year 2025 results: EPS: ฿0.08 (down from ฿0.083 in FY 2024). Revenue: ฿6.55b (up 1.6% from FY 2024). Net income: ฿798.6m (down 4.8% from FY 2024). Profit margin: 12% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 20% per year.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.011 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.02 (up from ฿0.011 in 3Q 2024). Revenue: ฿1.66b (down 4.3% from 3Q 2024). Net income: ฿210.8m (up 91% from 3Q 2024). Profit margin: 13% (up from 6.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 22% per year.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.022 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.01 (down from ฿0.022 in 2Q 2024). Revenue: ฿1.64b (up 4.5% from 2Q 2024). Net income: ฿148.8m (down 32% from 2Q 2024). Profit margin: 9.1% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.025 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.025 in 1Q 2024). Revenue: ฿1.63b (up 11% from 1Q 2024). Net income: ฿226.1m (down 11% from 1Q 2024). Profit margin: 14% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year and the company’s share price has also fallen by 23% per year.お知らせ • Mar 03Absolute Clean Energy Public Company Limited (SET:ACE) announces an Equity Buyback for 400,000,000 shares, representing 3.93% for THB 500 million.Absolute Clean Energy Public Company Limited (SET:ACE) announces a share repurchase program. Under the program, the company will repurchase up to 400,000,000 shares, representing 3.93% of its issued share capital for THB 500 million. The shares will be repurchased at a price not exceeding 115% of the average closing share price of five business days prior to each repurchase date. The purpose of the program is to manage the company’s liquidity efficiency, to build confidence on the solid financial position and capability to generate return of the company and to increase the return on equity and the earnings per share. The repurchase program will expire on September 28, 2025. As at January 22, 2025, the company had 10,175,999,960 issued and outstanding shares.Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿0.08 (vs ฿0.11 in FY 2023)Full year 2024 results: EPS: ฿0.08 (down from ฿0.11 in FY 2023). Revenue: ฿6.45b (down 2.0% from FY 2023). Net income: ฿838.7m (down 22% from FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 26% per year.お知らせ • Mar 01Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2025Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:30 SE Asia Standard Time. Location: the meeting room of the company, located on the 7th floor, itf tower, no. 140/6 silom road, suriyawongse, bang rak, bangkok ThailandNew Risk • Nov 20New major risk - Revenue and earnings growthEarnings have declined by 2.6% 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 Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risk High level of debt (45% net debt to equity).Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.031 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.02 (down from ฿0.031 in 2Q 2023). Revenue: ฿1.57b (down 2.9% from 2Q 2023). Net income: ฿219.6m (down 31% from 2Q 2023). Profit margin: 14% (down from 20% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Aug 07Now 20% overvaluedOver the last 90 days, the stock has fallen 6.5% to ฿1.30. The fair value is estimated to be ฿1.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 9.1%.Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.027 in 1Q 2023)First quarter 2024 results: EPS: ฿0.03. Revenue: ฿1.47b (down 16% from 1Q 2023). Net income: ฿255.2m (down 7.2% from 1Q 2023). Profit margin: 17% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses.Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.13 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.13 in FY 2022). Revenue: ฿6.58b (down 4.8% from FY 2022). Net income: ฿1.07b (down 16% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 01Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2024Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2024, at 14:30 SE Asia Standard Time. Location: 7th Floor, ITF Tower, No. 140/6 Silom Road, Suriyawongse, Bang Rak, Bangkok Thailand Agenda: To consider Message from the Chairman; to consider and adopt the Minutes of the 2023 Annual General Meeting of Shareholders held on April 28, 2023; to consider and acknowledge the Board of Directors' report on the Company's operating results of 2023; to consider and approve the statement of financial position and statement of comprehensive income of the Company for the fiscal period ended December 31, 2023; to consider and approve the allocation of net profit as legal reserve and the suspension of dividend payments for the operating results of 2023; to consider and approve the election of directors to replace those retiring by rotation in 2024; To consider and approve the appointment of auditors and the determination of remuneration of the auditors for the fiscal period ending 31 December 2024; and to consider other matters.Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.038 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.03 (down from ฿0.038 in 3Q 2022). Revenue: ฿1.63b (down 10% from 3Q 2022). Net income: ฿316.8m (down 17% from 3Q 2022). Profit margin: 20% (down from 21% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.038 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.038 in 2Q 2022). Revenue: ฿1.61b (down 1.5% from 2Q 2022). Net income: ฿315.8m (down 18% from 2Q 2022). Profit margin: 20% (down from 23% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.032 in 1Q 2022)First quarter 2023 results: EPS: ฿0.03 (down from ฿0.032 in 1Q 2022). Revenue: ฿1.74b (up 7.4% from 1Q 2022). Net income: ฿275.0m (down 15% from 1Q 2022). Profit margin: 16% (down from 20% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Chairman of the Board Monthon Sudprasert was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: ฿0.038 (vs ฿0.036 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.038 (up from ฿0.036 in 2Q 2021). Revenue: ฿1.64b (up 18% from 2Q 2021). Net income: ฿383.7m (up 4.7% from 2Q 2021). Profit margin: 23% (down from 26% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 80%, compared to a 22% growth forecast for the Renewable Energy industry in Thailand.Reported Earnings • May 14First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.03 (down from ฿0.035 in 1Q 2021). Revenue: ฿1.62b (up 23% from 1Q 2021). Net income: ฿322.7m (down 10% from 1Q 2021). Profit margin: 20% (down from 27% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 87%, compared to a 26% growth forecast for the industry in Thailand.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Chairman of the Board Monthon Sudprasert was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 03Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.15 (up from ฿0.15 in FY 2020). Revenue: ฿5.73b (down 2.2% from FY 2020). Net income: ฿1.51b (flat on FY 2020). Profit margin: 26% (in line with FY 2020). Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 59%, compared to a 32% growth forecast for the industry in Thailand.Major Estimate Revision • Jan 14Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from ฿0.14 to ฿0.13 per share. Revenue forecast steady at ฿6.64b. Net income forecast to grow 26% next year vs 25% growth forecast for Renewable Energy industry in Thailand. Consensus price target down from ฿4.30 to ฿4.00. Share price fell 2.3% to ฿3.40 over the past week.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.04 in 3Q 2020)The company reported a soft third quarter result with weaker revenues, although earnings and profit margins were flat. Third quarter 2021 results: Revenue: ฿1.47b (down 2.2% from 3Q 2020). Net income: ฿411.2m (flat on 3Q 2020). Profit margin: 28% (in line with 3Q 2020).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.025 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: ฿1.39b (down 16% from 2Q 2020). Net income: ฿366.5m (up 47% from 2Q 2020). Profit margin: 26% (up from 15% in 2Q 2020). The increase in margin was driven by lower expenses.Reported Earnings • May 12First quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.058 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.31b (down 2.5% from 1Q 2020). Net income: ฿360.3m (down 39% from 1Q 2020). Profit margin: 27% (down from 44% in 1Q 2020). The decrease in margin was primarily driven by higher expenses.Executive Departure • May 02Independent Chairman of the Board Pranai Suwanrath has left the companyOn the 29th of April, Pranai Suwanrath's tenure as Independent Chairman of the Board ended after 3.0 years in the role. We don't have any record of a personal shareholding under Pranai's name. Pranai is the only executive to leave the company over the last 12 months.Reported Earnings • Feb 27Full year 2020 earnings released: EPS ฿0.15 (vs ฿0.088 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿5.86b (up 16% from FY 2019). Net income: ฿1.51b (up 85% from FY 2019). Profit margin: 26% (up from 16% in FY 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 9.1%, compared to a 24% growth forecast for the Renewable Energy industry in Thailand.Is New 90 Day High Low • Jan 06New 90-day high: ฿3.84The company is up 32% from its price of ฿2.90 on 08 October 2020. The Thai market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.98 per share.Is New 90 Day High Low • Dec 16New 90-day high: ฿3.80The company is up 28% from its price of ฿2.96 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿0.92 per share.Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 18% share price gain to ฿3.62, the stock is trading at a trailing P/E ratio of 24.3x, up from the previous P/E ratio of 20.7x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand. Total return to shareholders over the past year is a loss of 16%.Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ฿0.04The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿1.50b (up 19% from 3Q 2019). Net income: ฿410.2m (up 80% from 3Q 2019). Profit margin: 27% (up from 18% in 3Q 2019). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 24% share price gain to ฿2.96, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 17.7x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand.Is New 90 Day High Low • Oct 19New 90-day low: ฿2.74The company is down 30% from its price of ฿3.90 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿0.78 per share.Is New 90 Day High Low • Oct 01New 90-day low: ฿2.84The company is down 29% from its price of ฿3.98 on 03 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿0.76 per share.財務状況分析短期負債: ACEの 短期資産 ( THB3.3B ) が 短期負債 ( THB1.9B ) を超えています。長期負債: ACEの短期資産 ( THB3.3B ) は 長期負債 ( THB7.0B ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: ACEの 純負債対資本比率 ( 42% ) は 高い と見なされます。負債の削減: ACEの負債対資本比率は、過去 5 年間で36.6%から46.5%に増加しました。債務返済能力: ACE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 ( 31.5% )。インタレストカバレッジ: ACEの負債に対する 利息支払い は EBIT ( 4.4 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7D1Y7D1Y7D1YUtilities 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2026/06/29 22:42終値2026/06/29 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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Absolute Clean Energy 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。2 アナリスト機関Suwat SinsadokFSS International AdvisoryNuttapop PrasitsuksantTTB Wealth Securities Public Company Limited
Reported Earnings • May 20First quarter 2026 earnings released: EPS: ฿0.03 (vs ฿0.022 in 1Q 2025)First quarter 2026 results: EPS: ฿0.03 (up from ฿0.022 in 1Q 2025). Revenue: ฿1.59b (down 2.6% from 1Q 2025). Net income: ฿314.4m (up 39% from 1Q 2025). Profit margin: 20% (up from 14% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 12% per year.
Upcoming Dividend • Mar 19Upcoming dividend of ฿0.01 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 28 May 2026. The company last paid an ordinary dividend in May 2020. The average dividend yield among industry peers is 2.9%.
お知らせ • Mar 14+ 1 more updateAbsolute Clean Energy Public Company Limited Proposes Cash Dividend Payment for the Operating Period from 01-Jan-2025 to 31-Dec-2025, Payable on 28-May-2026Absolute Clean Energy Public Company Limited proposed a cash dividend payment of THB 0.01 per share for its common shareholders. The record date for the right to receive dividends is set for 27-Mar-2026, with an ex-dividend date of 26-Mar-2026. The payment date for the dividend is scheduled for 28-May-2026. This cash dividend payment is being made from the operating period that spans from 01-Jan-2025 to 31-Dec-2025.
Reported Earnings • Mar 03Full year 2025 earnings released: EPS: ฿0.08 (vs ฿0.083 in FY 2024)Full year 2025 results: EPS: ฿0.08 (down from ฿0.083 in FY 2024). Revenue: ฿6.55b (up 1.6% from FY 2024). Net income: ฿798.6m (down 4.8% from FY 2024). Profit margin: 12% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 20% per year.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.011 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.02 (up from ฿0.011 in 3Q 2024). Revenue: ฿1.66b (down 4.3% from 3Q 2024). Net income: ฿210.8m (up 91% from 3Q 2024). Profit margin: 13% (up from 6.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 22% per year.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.022 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.01 (down from ฿0.022 in 2Q 2024). Revenue: ฿1.64b (up 4.5% from 2Q 2024). Net income: ฿148.8m (down 32% from 2Q 2024). Profit margin: 9.1% (down from 14% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.025 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.025 in 1Q 2024). Revenue: ฿1.63b (up 11% from 1Q 2024). Net income: ฿226.1m (down 11% from 1Q 2024). Profit margin: 14% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year and the company’s share price has also fallen by 23% per year.
お知らせ • Mar 03Absolute Clean Energy Public Company Limited (SET:ACE) announces an Equity Buyback for 400,000,000 shares, representing 3.93% for THB 500 million.Absolute Clean Energy Public Company Limited (SET:ACE) announces a share repurchase program. Under the program, the company will repurchase up to 400,000,000 shares, representing 3.93% of its issued share capital for THB 500 million. The shares will be repurchased at a price not exceeding 115% of the average closing share price of five business days prior to each repurchase date. The purpose of the program is to manage the company’s liquidity efficiency, to build confidence on the solid financial position and capability to generate return of the company and to increase the return on equity and the earnings per share. The repurchase program will expire on September 28, 2025. As at January 22, 2025, the company had 10,175,999,960 issued and outstanding shares.
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿0.08 (vs ฿0.11 in FY 2023)Full year 2024 results: EPS: ฿0.08 (down from ฿0.11 in FY 2023). Revenue: ฿6.45b (down 2.0% from FY 2023). Net income: ฿838.7m (down 22% from FY 2023). Profit margin: 13% (down from 16% in FY 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 26% per year.
お知らせ • Mar 01Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2025Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2025, at 14:30 SE Asia Standard Time. Location: the meeting room of the company, located on the 7th floor, itf tower, no. 140/6 silom road, suriyawongse, bang rak, bangkok Thailand
New Risk • Nov 20New major risk - Revenue and earnings growthEarnings have declined by 2.6% 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 Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risk High level of debt (45% net debt to equity).
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.031 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.02 (down from ฿0.031 in 2Q 2023). Revenue: ฿1.57b (down 2.9% from 2Q 2023). Net income: ฿219.6m (down 31% from 2Q 2023). Profit margin: 14% (down from 20% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Aug 07Now 20% overvaluedOver the last 90 days, the stock has fallen 6.5% to ฿1.30. The fair value is estimated to be ฿1.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Earnings per share has declined by 9.1%.
Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.027 in 1Q 2023)First quarter 2024 results: EPS: ฿0.03. Revenue: ฿1.47b (down 16% from 1Q 2023). Net income: ฿255.2m (down 7.2% from 1Q 2023). Profit margin: 17% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses.
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.13 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.13 in FY 2022). Revenue: ฿6.58b (down 4.8% from FY 2022). Net income: ฿1.07b (down 16% from FY 2022). Profit margin: 16% (down from 19% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 01Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2024Absolute Clean Energy Public Company Limited, Annual General Meeting, Apr 30, 2024, at 14:30 SE Asia Standard Time. Location: 7th Floor, ITF Tower, No. 140/6 Silom Road, Suriyawongse, Bang Rak, Bangkok Thailand Agenda: To consider Message from the Chairman; to consider and adopt the Minutes of the 2023 Annual General Meeting of Shareholders held on April 28, 2023; to consider and acknowledge the Board of Directors' report on the Company's operating results of 2023; to consider and approve the statement of financial position and statement of comprehensive income of the Company for the fiscal period ended December 31, 2023; to consider and approve the allocation of net profit as legal reserve and the suspension of dividend payments for the operating results of 2023; to consider and approve the election of directors to replace those retiring by rotation in 2024; To consider and approve the appointment of auditors and the determination of remuneration of the auditors for the fiscal period ending 31 December 2024; and to consider other matters.
Reported Earnings • Nov 16Third quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.038 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.03 (down from ฿0.038 in 3Q 2022). Revenue: ฿1.63b (down 10% from 3Q 2022). Net income: ฿316.8m (down 17% from 3Q 2022). Profit margin: 20% (down from 21% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.038 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.038 in 2Q 2022). Revenue: ฿1.61b (down 1.5% from 2Q 2022). Net income: ฿315.8m (down 18% from 2Q 2022). Profit margin: 20% (down from 23% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.032 in 1Q 2022)First quarter 2023 results: EPS: ฿0.03 (down from ฿0.032 in 1Q 2022). Revenue: ฿1.74b (up 7.4% from 1Q 2022). Net income: ฿275.0m (down 15% from 1Q 2022). Profit margin: 16% (down from 20% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Chairman of the Board Monthon Sudprasert was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: ฿0.038 (vs ฿0.036 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.038 (up from ฿0.036 in 2Q 2021). Revenue: ฿1.64b (up 18% from 2Q 2021). Net income: ฿383.7m (up 4.7% from 2Q 2021). Profit margin: 23% (down from 26% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 80%, compared to a 22% growth forecast for the Renewable Energy industry in Thailand.
Reported Earnings • May 14First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.03 (down from ฿0.035 in 1Q 2021). Revenue: ฿1.62b (up 23% from 1Q 2021). Net income: ฿322.7m (down 10% from 1Q 2021). Profit margin: 20% (down from 27% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 87%, compared to a 26% growth forecast for the industry in Thailand.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Chairman of the Board Monthon Sudprasert was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 03Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.15 (up from ฿0.15 in FY 2020). Revenue: ฿5.73b (down 2.2% from FY 2020). Net income: ฿1.51b (flat on FY 2020). Profit margin: 26% (in line with FY 2020). Revenue missed analyst estimates by 14%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 59%, compared to a 32% growth forecast for the industry in Thailand.
Major Estimate Revision • Jan 14Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from ฿0.14 to ฿0.13 per share. Revenue forecast steady at ฿6.64b. Net income forecast to grow 26% next year vs 25% growth forecast for Renewable Energy industry in Thailand. Consensus price target down from ฿4.30 to ฿4.00. Share price fell 2.3% to ฿3.40 over the past week.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.04 in 3Q 2020)The company reported a soft third quarter result with weaker revenues, although earnings and profit margins were flat. Third quarter 2021 results: Revenue: ฿1.47b (down 2.2% from 3Q 2020). Net income: ฿411.2m (flat on 3Q 2020). Profit margin: 28% (in line with 3Q 2020).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.025 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: ฿1.39b (down 16% from 2Q 2020). Net income: ฿366.5m (up 47% from 2Q 2020). Profit margin: 26% (up from 15% in 2Q 2020). The increase in margin was driven by lower expenses.
Reported Earnings • May 12First quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.058 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.31b (down 2.5% from 1Q 2020). Net income: ฿360.3m (down 39% from 1Q 2020). Profit margin: 27% (down from 44% in 1Q 2020). The decrease in margin was primarily driven by higher expenses.
Executive Departure • May 02Independent Chairman of the Board Pranai Suwanrath has left the companyOn the 29th of April, Pranai Suwanrath's tenure as Independent Chairman of the Board ended after 3.0 years in the role. We don't have any record of a personal shareholding under Pranai's name. Pranai is the only executive to leave the company over the last 12 months.
Reported Earnings • Feb 27Full year 2020 earnings released: EPS ฿0.15 (vs ฿0.088 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿5.86b (up 16% from FY 2019). Net income: ฿1.51b (up 85% from FY 2019). Profit margin: 26% (up from 16% in FY 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) missed analyst estimates by 29%. Over the next year, revenue is forecast to grow 9.1%, compared to a 24% growth forecast for the Renewable Energy industry in Thailand.
Is New 90 Day High Low • Jan 06New 90-day high: ฿3.84The company is up 32% from its price of ฿2.90 on 08 October 2020. The Thai market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿1.98 per share.
Is New 90 Day High Low • Dec 16New 90-day high: ฿3.80The company is up 28% from its price of ฿2.96 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿0.92 per share.
Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 18% share price gain to ฿3.62, the stock is trading at a trailing P/E ratio of 24.3x, up from the previous P/E ratio of 20.7x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand. Total return to shareholders over the past year is a loss of 16%.
Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS ฿0.04The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿1.50b (up 19% from 3Q 2019). Net income: ฿410.2m (up 80% from 3Q 2019). Profit margin: 27% (up from 18% in 3Q 2019). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 24% share price gain to ฿2.96, the stock is trading at a trailing P/E ratio of 22.1x, up from the previous P/E ratio of 17.7x. This compares to an average P/E of 16x in the Renewable Energy industry in Thailand.
Is New 90 Day High Low • Oct 19New 90-day low: ฿2.74The company is down 30% from its price of ฿3.90 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿0.78 per share.
Is New 90 Day High Low • Oct 01New 90-day low: ฿2.84The company is down 29% from its price of ฿3.98 on 03 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿0.76 per share.