View Future GrowthEarth Tech Environment 過去の業績過去 基準チェック /46Earth Tech Environmentは、平均年間15.1%の収益成長を遂げていますが、 Renewable Energy業界の収益は、年間 減少しています。収益は、平均年間11.2% 0.9%収益成長率で 成長しています。 Earth Tech Environmentの自己資本利益率は14.3%であり、純利益率は68.4%です。主要情報15.14%収益成長率14.13%EPS成長率Renewable Energy 業界の成長6.65%収益成長率0.88%株主資本利益率14.32%ネット・マージン68.42%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.013 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.19 (up from ฿0.013 in 3Q 2024). Revenue: ฿202.0m (up 7.4% from 3Q 2024). Net income: ฿425.1m (up ฿397.0m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.005 (vs ฿0.026 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.005 (down from ฿0.026 in 2Q 2024). Revenue: ฿168.7m (down 12% from 2Q 2024). Net income: ฿10.7m (down 82% from 2Q 2024). Profit margin: 6.4% (down from 31% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.003 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.012 (up from ฿0.003 loss in 1Q 2024). Revenue: ฿198.0m (up 8.5% from 1Q 2024). Net income: ฿26.7m (up ฿32.8m from 1Q 2024). Profit margin: 14% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.026 (vs ฿0.003 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.026 (up from ฿0.003 in 2Q 2023). Revenue: ฿191.8m (up 20% from 2Q 2023). Net income: ฿58.6m (up ฿51.7m from 2Q 2023). Profit margin: 31% (up from 4.3% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14First quarter 2024 earnings released: ฿0.003 loss per share (vs ฿0 in 1Q 2023)First quarter 2024 results: ฿0.003 loss per share (further deteriorated from ฿0 in 1Q 2023). Revenue: ฿182.5m (up 3.9% from 1Q 2023). Net loss: ฿6.09m (down ฿7.07m from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.014 (vs ฿0.059 in FY 2022)Full year 2023 results: EPS: ฿0.014 (down from ฿0.059 in FY 2022). Revenue: ฿708.4m (down 4.0% from FY 2022). Net income: ฿31.0m (down 76% from FY 2022). Profit margin: 4.4% (down from 18% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesお知らせ • Feb 25Earth Tech Environment Public Company Limited announces Annual dividend, payable on May 21, 2026Earth Tech Environment Public Company Limited announced Annual dividend of THB 0.0480 per share payable on May 21, 2026, ex-date on May 08, 2026 and record date on May 11, 2026.お知らせ • Feb 24Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2026Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time. Location: physical meeting, the meeting room of earth tech, environment public company limited, ThailandReported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.013 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.19 (up from ฿0.013 in 3Q 2024). Revenue: ฿202.0m (up 7.4% from 3Q 2024). Net income: ฿425.1m (up ฿397.0m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.New Risk • Sep 03New 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 13% 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿1.64b market cap, or US$50.5m).Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.005 (vs ฿0.026 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.005 (down from ฿0.026 in 2Q 2024). Revenue: ฿168.7m (down 12% from 2Q 2024). Net income: ฿10.7m (down 82% from 2Q 2024). Profit margin: 6.4% (down from 31% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.New Risk • Jul 16New 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 9.4% 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 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿1.93b market cap, or US$59.2m).お知らせ • Jul 16+ 1 more updateGulf Waste to Energy Holdings Company Limited entered into a share purchase agreement to acquire 33% stake in Suntech Innovation Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) for approximately THB 130 million.Gulf Waste to Energy Holdings Company Limited entered into a share purchase agreement to acquire 33% stake in Suntech Innovation Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) for approximately THB 130 million on July 14, 2025. A cash consideration valued at THB 151.52 per share will be paid by Gulf Waste to Energy Holdings Company Limited. In related transactions, Gulf Waste to Energy Holdings Company Limited acquired remaining 50% stake in Get Green Power Company Limited from Earth Tech Environment Public Company Limited and the remaining 50% stake in Circular Camp Company Limited from Better World Green Public Company Limited on July 14, 2025, for a combined consideration of THB 970 million. As of March 31, 2025, Suntech Innovation Power Company Limited reported total assets of THB 251 million and total common equity of THB 250 million. The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board of Earth Tech Environment Public Company Limited (SET:ETC). Earth Tech Environment Public Company Limited intends to use the proceeds from the transaction to enhance liquidity, support business operations and development, invest in future expansion, and repay debts. Gulf Waste to Energy Holdings Company Limited completed the acquisition of 33% stake in Suntech Innovation Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) on July 14, 2025.New Risk • May 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.27b (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 Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.27b market cap, or US$98.9m).Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.003 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.012 (up from ฿0.003 loss in 1Q 2024). Revenue: ฿198.0m (up 8.5% from 1Q 2024). Net income: ฿26.7m (up ฿32.8m from 1Q 2024). Profit margin: 14% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Board Change • Apr 02Insufficient 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. 7 experienced directors. No highly experienced directors. Accounting & Finance Manager and Director Wachiraporn Natejaru was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Feb 26Earth Tech Environment Public Company Limited Approves the Resignation of Pallapa Ruangrong as Director and Appointment of Supawat Khunvoravinij as Managing DirectorEarth Tech Environment Public Company Limited approved the resignation of Dr. Pallapa Ruangrong as Director, at its Board of Directors Meeting No. 2/2025 held on 25 February 2025. Approved the appointment of Mr. Supawat Khunvoravinij as Managing Director.お知らせ • Feb 25Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 28, 2025Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 28, 2025, at 14:00 SE Asia Standard Time. Location: the meeting room of earth tech, environment public company limited, ThailandNew Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.4% 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 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿2.73b market cap, or US$80.9m).Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ฿1.22, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 14x in the Renewable Energy industry in Thailand. Total loss to shareholders of 57% over the past three years.New Risk • Jan 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.36b (US$97.2m) 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 Earnings have declined by 13% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.36b market cap, or US$97.2m).New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.44, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 17x in the Renewable Energy industry in Thailand. Total loss to shareholders of 4.7% over the past three years.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ฿2.22, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 16x in the Renewable Energy industry in Thailand. Total loss to shareholders of 14% over the past three years.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.026 (vs ฿0.003 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.026 (up from ฿0.003 in 2Q 2023). Revenue: ฿191.8m (up 20% from 2Q 2023). Net income: ฿58.6m (up ฿51.7m from 2Q 2023). Profit margin: 31% (up from 4.3% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14First quarter 2024 earnings released: ฿0.003 loss per share (vs ฿0 in 1Q 2023)First quarter 2024 results: ฿0.003 loss per share (further deteriorated from ฿0 in 1Q 2023). Revenue: ฿182.5m (up 3.9% from 1Q 2023). Net loss: ฿6.09m (down ฿7.07m from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.お知らせ • Mar 13+ 1 more updateGulf Energy Development Public Company Limited (SET:GULF) entered into agreement to acquire 50% stake in Get Green Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC).Gulf Energy Development Public Company Limited (SET:GULF) entered into agreement to acquire 50% stake in Get Green Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) on March 8, 2024.Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.014 (vs ฿0.059 in FY 2022)Full year 2023 results: EPS: ฿0.014 (down from ฿0.059 in FY 2022). Revenue: ฿708.4m (down 4.0% from FY 2022). Net income: ฿31.0m (down 76% from FY 2022). Profit margin: 4.4% (down from 18% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Feb 20Earth Tech Environment Public Company Limited Announces Director ChangesEarth Tech Environment Public Company Limited announced Mr.Ekarin Luengviriya resigned from the position of the Company's Director which is effective from 19th February 2024 onwards. Apporved the appointment of Miss Wachiraporn Netjaru as the Director in replacement of Mr.Ekarin Luengviriya who resigned from the said position, The office term shall be equal to the remaining office term of Mr.Ekarin Luengviriya. Approved the change of the Authorized Directors as follows. Old; Mr.Ekarin Luengviriya Mr.Supawat Khunvoravinij and Mrs.Pallapa Ruangrong, two out of thesethree directors jointly sign with the company's seal being affixed. New; Mr.Supawat Khunvoravinij Miss Wachiraporn Netjaru and Suthat Boonyaudomsart, two out of these three directors jointly sign with the company's seal being affixed. Acknowledgement of Mr.Ekarin Luengviriya resigned from the position of the Managing Director due to retirement, which is effective from 1st March 2024 onwards. Approved the appointment of Mr.Supawat Khunvoravinij to the position of Acting Managing Director.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.005 (vs ฿0.018 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.005 (down from ฿0.018 in 3Q 2022). Revenue: ฿178.7m (down 3.1% from 3Q 2022). Net income: ฿10.3m (down 75% from 3Q 2022). Profit margin: 5.7% (down from 22% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿3.08 (vs ฿0.029 in 2Q 2022)Second quarter 2023 results: EPS: ฿3.08. Revenue: ฿160.5m (down 17% from 2Q 2022). Net income: ฿6.90m (down 90% from 2Q 2022). Profit margin: 4.3% (down from 34% in 2Q 2022). The decrease in margin was primarily driven by higher expenses.Reported Earnings • May 13First quarter 2023 earnings released: EPS: ฿0 (vs ฿0.021 in 1Q 2022)First quarter 2023 results: EPS: ฿0 (down from ฿0.021 in 1Q 2022). Revenue: ฿175.6m (flat on 1Q 2022). Net income: ฿976.0k (down 98% from 1Q 2022). Profit margin: 0.6% (down from 27% in 1Q 2022).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Vice Chairman Kanyapan Buranarom was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: ฿0.018 (vs ฿0.023 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.018 (down from ฿0.023 in 3Q 2021). Revenue: ฿184.4m (up 5.3% from 3Q 2021). Net income: ฿40.8m (down 22% from 3Q 2021). Profit margin: 22% (down from 30% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Renewable Energy industry in Thailand.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.029 (vs ฿0.029 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.029 (vs ฿0.029 in 2Q 2021). Revenue: ฿194.0m (up 2.1% from 2Q 2021). Net income: ฿65.5m (up 1.6% from 2Q 2021). Profit margin: 34% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the industry in Thailand.Reported Earnings • May 15First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ฿0.021 (up from ฿0.02 in 1Q 2021). Revenue: ฿176.0m (up 2.0% from 1Q 2021). Net income: ฿46.8m (up 5.1% from 1Q 2021). Profit margin: 27% (in line with 1Q 2021). Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 13%, compared to a 26% growth forecast for the industry in Thailand.Price Target Changed • Apr 27Price target increased to ฿3.80Up from ฿2.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ฿3.90. Stock is up 15% over the past year. The company is forecast to post earnings per share of ฿0.15 for next year compared to ฿0.084 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Vice Chairman Kanyapan Buranarom was the last independent director to join the board, commencing their role in 2021. 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 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿4.72, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Renewable Energy industry in Thailand. Total returns to shareholders of 51% over the past year.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿3.94, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Renewable Energy industry in Thailand. Total returns to shareholders of 70% over the past year.お知らせ • Feb 24Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 21, 2022Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 21, 2022, at 07:00 Coordinated Universal Time. Location: EARTH TECH ENVIRONMENT PUBLIC COMPANY LIMITED. Address.88 88/1, Moo.1, Ban That Sub-District, KaengKhoi District Saraburi Thailand Thailand Agenda: To consider and certify the minutes of the 2021 Annual General Meeting of Shareholders held on 22 April 2021; to acknowledge the report of the Board of Directors regarding the operating results for the year 2021; to acknowledge of the insignificant change on the objective of IPO's utilization by reallocation of the amount of IPO Proceed; to consider and approve determination of directors' remuneration for the year 2022; to consideration and approval on the issuance and offering of the company debentures; and to consider any other matters.Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿0.084 (down from ฿0.10 in FY 2020). Revenue: ฿730.2m (up 8.9% from FY 2020). Net income: ฿187.4m (down 3.7% from FY 2020). Profit margin: 26% (down from 29% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 12%, compared to a 33% growth forecast for the industry in Thailand.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿3.38, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Renewable Energy industry in Thailand. Total returns to shareholders of 77% over the past year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.023 (vs ฿0.025 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿175.1m (up 1.5% from 3Q 2020). Net income: ฿52.0m (up 8.1% from 3Q 2020). Profit margin: 30% (up from 28% in 3Q 2020). The increase in margin was primarily driven by higher revenue.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ฿2.62, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Renewable Energy industry in Thailand. Total loss to shareholders of 3.7% over the past year.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.029 (vs ฿0.037 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: ฿190.1m (up 8.0% from 2Q 2020). Net income: ฿64.5m (up 7.0% from 2Q 2020). Profit margin: 34% (in line with 2Q 2020).Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿172.6m (up 28% from 1Q 2020). Net income: ฿44.5m (up 94% from 1Q 2020). Profit margin: 26% (up from 17% in 1Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿3.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Renewable Energy industry in Thailand.Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿2.64, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Renewable Energy industry in Thailand.Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.10 (vs ฿0.035 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿670.6m (up 85% from FY 2019). Net income: ฿194.5m (up 237% from FY 2019). Profit margin: 29% (up from 16% in FY 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Mar 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 13%, compared to a 25% growth forecast for the Renewable Energy industry in Thailand.お知らせ • Feb 25Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2021Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2021, at 07:00 Coordinated Universal Time. Agenda: To consider the topic that the Chairman will notify at the meeting; to consider and certify the minutes of the 2020Annual General Meeting of Shareholders held on 29 April 2020; to consider acknowledging the report of the Board of Directors regarding the operating results for the year 2020; to consider and approve the statements of financial position and statements of comprehensive income of the Company for accounting ended period of December 31, 2020; to consider and approve omission of the allocation of net profits for legal reserves and no dividend payments for the Company's performance for the year 2020; and to consider other matter.Is New 90 Day High Low • Feb 24New 90-day high: ฿2.40The company is up 24% from its price of ฿1.94 on 26 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.64 per share.Is New 90 Day High Low • Feb 01New 90-day high: ฿2.18The company is up 17% from its price of ฿1.87 on 03 November 2020. The Thai market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.64 per share.お知らせ • Aug 18Earth Tech Environment Public Company Limited has completed an IPO in the amount of THB 1.56 billion.Earth Tech Environment Public Company Limited has completed an IPO in the amount of THB 1.56 billion. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 600,000,000 Price\Range: THB 2.6 Transaction Features: Carve-out収支内訳Earth Tech Environment の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SET:ETC 収益、費用、利益 ( )THB Millions日付収益収益G+A経費研究開発費31 Mar 26737504101031 Dec 25754492101030 Sep 25759475104030 Jun 257457899031 Mar 2576812698031 Dec 2475393109030 Sep 2475693106030 Jun 2474776112031 Mar 2471524119031 Dec 2370831113030 Sep 23699-4136030 Jun 2370427130031 Mar 2373885121031 Dec 22738131114030 Sep 22747180107030 Jun 22738191106031 Mar 22734190100031 Dec 21730187100030 Sep 2172522572030 Jun 2172222170031 Mar 2170821669031 Dec 2067119478030 Sep 2059313493030 Jun 2051210393031 Mar 204226798031 Dec 193625883030 Sep 193366674031 Dec 183256772031 Dec 17184-265031 Dec 161-2827031 Dec 152-21220質の高い収益: ETCにはTHB435.9M } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st March, 2026に影響を及ぼしています。利益率の向上: ETCの現在の純利益率 (68.4%)は、昨年(16.4%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: ETCの収益は過去 5 年間で年間15.1%増加しました。成長の加速: ETCの過去 1 年間の収益成長率 ( 299.6% ) は、5 年間の平均 ( 年間15.1%を上回っています。収益対業界: ETCの過去 1 年間の収益成長率 ( 299.6% ) はRenewable Energy業界0.1%を上回りました。株主資本利益率高いROE: ETCの 自己資本利益率 ( 14.3% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YUtilities 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 08:19終値2026/05/20 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Earth Tech Environment 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 AdvisoryNuttawut WongyaowalakGloblex Securities Co. Ltd.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.013 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.19 (up from ฿0.013 in 3Q 2024). Revenue: ฿202.0m (up 7.4% from 3Q 2024). Net income: ฿425.1m (up ฿397.0m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.005 (vs ฿0.026 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.005 (down from ฿0.026 in 2Q 2024). Revenue: ฿168.7m (down 12% from 2Q 2024). Net income: ฿10.7m (down 82% from 2Q 2024). Profit margin: 6.4% (down from 31% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.003 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.012 (up from ฿0.003 loss in 1Q 2024). Revenue: ฿198.0m (up 8.5% from 1Q 2024). Net income: ฿26.7m (up ฿32.8m from 1Q 2024). Profit margin: 14% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.026 (vs ฿0.003 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.026 (up from ฿0.003 in 2Q 2023). Revenue: ฿191.8m (up 20% from 2Q 2023). Net income: ฿58.6m (up ฿51.7m from 2Q 2023). Profit margin: 31% (up from 4.3% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14First quarter 2024 earnings released: ฿0.003 loss per share (vs ฿0 in 1Q 2023)First quarter 2024 results: ฿0.003 loss per share (further deteriorated from ฿0 in 1Q 2023). Revenue: ฿182.5m (up 3.9% from 1Q 2023). Net loss: ฿6.09m (down ฿7.07m from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.014 (vs ฿0.059 in FY 2022)Full year 2023 results: EPS: ฿0.014 (down from ฿0.059 in FY 2022). Revenue: ฿708.4m (down 4.0% from FY 2022). Net income: ฿31.0m (down 76% from FY 2022). Profit margin: 4.4% (down from 18% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Feb 25Earth Tech Environment Public Company Limited announces Annual dividend, payable on May 21, 2026Earth Tech Environment Public Company Limited announced Annual dividend of THB 0.0480 per share payable on May 21, 2026, ex-date on May 08, 2026 and record date on May 11, 2026.
お知らせ • Feb 24Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2026Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time. Location: physical meeting, the meeting room of earth tech, environment public company limited, Thailand
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.19 (vs ฿0.013 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.19 (up from ฿0.013 in 3Q 2024). Revenue: ฿202.0m (up 7.4% from 3Q 2024). Net income: ฿425.1m (up ฿397.0m from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 42% per year, which means it is significantly lagging earnings.
New Risk • Sep 03New 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 13% 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 Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿1.64b market cap, or US$50.5m).
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.005 (vs ฿0.026 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.005 (down from ฿0.026 in 2Q 2024). Revenue: ฿168.7m (down 12% from 2Q 2024). Net income: ฿10.7m (down 82% from 2Q 2024). Profit margin: 6.4% (down from 31% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 16New 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 9.4% 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 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿1.93b market cap, or US$59.2m).
お知らせ • Jul 16+ 1 more updateGulf Waste to Energy Holdings Company Limited entered into a share purchase agreement to acquire 33% stake in Suntech Innovation Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) for approximately THB 130 million.Gulf Waste to Energy Holdings Company Limited entered into a share purchase agreement to acquire 33% stake in Suntech Innovation Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) for approximately THB 130 million on July 14, 2025. A cash consideration valued at THB 151.52 per share will be paid by Gulf Waste to Energy Holdings Company Limited. In related transactions, Gulf Waste to Energy Holdings Company Limited acquired remaining 50% stake in Get Green Power Company Limited from Earth Tech Environment Public Company Limited and the remaining 50% stake in Circular Camp Company Limited from Better World Green Public Company Limited on July 14, 2025, for a combined consideration of THB 970 million. As of March 31, 2025, Suntech Innovation Power Company Limited reported total assets of THB 251 million and total common equity of THB 250 million. The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board of Earth Tech Environment Public Company Limited (SET:ETC). Earth Tech Environment Public Company Limited intends to use the proceeds from the transaction to enhance liquidity, support business operations and development, invest in future expansion, and repay debts. Gulf Waste to Energy Holdings Company Limited completed the acquisition of 33% stake in Suntech Innovation Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) on July 14, 2025.
New Risk • May 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.27b (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 Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.27b market cap, or US$98.9m).
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.003 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.012 (up from ฿0.003 loss in 1Q 2024). Revenue: ฿198.0m (up 8.5% from 1Q 2024). Net income: ฿26.7m (up ฿32.8m from 1Q 2024). Profit margin: 14% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Board Change • Apr 02Insufficient 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. 7 experienced directors. No highly experienced directors. Accounting & Finance Manager and Director Wachiraporn Natejaru was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Feb 26Earth Tech Environment Public Company Limited Approves the Resignation of Pallapa Ruangrong as Director and Appointment of Supawat Khunvoravinij as Managing DirectorEarth Tech Environment Public Company Limited approved the resignation of Dr. Pallapa Ruangrong as Director, at its Board of Directors Meeting No. 2/2025 held on 25 February 2025. Approved the appointment of Mr. Supawat Khunvoravinij as Managing Director.
お知らせ • Feb 25Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 28, 2025Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 28, 2025, at 14:00 SE Asia Standard Time. Location: the meeting room of earth tech, environment public company limited, Thailand
New Risk • Feb 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.4% 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 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿2.73b market cap, or US$80.9m).
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ฿1.22, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 14x in the Renewable Energy industry in Thailand. Total loss to shareholders of 57% over the past three years.
New Risk • Jan 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.36b (US$97.2m) 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 Earnings have declined by 13% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.36b market cap, or US$97.2m).
New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.44, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 17x in the Renewable Energy industry in Thailand. Total loss to shareholders of 4.7% over the past three years.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ฿2.22, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 16x in the Renewable Energy industry in Thailand. Total loss to shareholders of 14% over the past three years.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.026 (vs ฿0.003 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.026 (up from ฿0.003 in 2Q 2023). Revenue: ฿191.8m (up 20% from 2Q 2023). Net income: ฿58.6m (up ฿51.7m from 2Q 2023). Profit margin: 31% (up from 4.3% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14First quarter 2024 earnings released: ฿0.003 loss per share (vs ฿0 in 1Q 2023)First quarter 2024 results: ฿0.003 loss per share (further deteriorated from ฿0 in 1Q 2023). Revenue: ฿182.5m (up 3.9% from 1Q 2023). Net loss: ฿6.09m (down ฿7.07m from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 13+ 1 more updateGulf Energy Development Public Company Limited (SET:GULF) entered into agreement to acquire 50% stake in Get Green Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC).Gulf Energy Development Public Company Limited (SET:GULF) entered into agreement to acquire 50% stake in Get Green Power Company Limited from Earth Tech Environment Public Company Limited (SET:ETC) on March 8, 2024.
Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.014 (vs ฿0.059 in FY 2022)Full year 2023 results: EPS: ฿0.014 (down from ฿0.059 in FY 2022). Revenue: ฿708.4m (down 4.0% from FY 2022). Net income: ฿31.0m (down 76% from FY 2022). Profit margin: 4.4% (down from 18% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Feb 20Earth Tech Environment Public Company Limited Announces Director ChangesEarth Tech Environment Public Company Limited announced Mr.Ekarin Luengviriya resigned from the position of the Company's Director which is effective from 19th February 2024 onwards. Apporved the appointment of Miss Wachiraporn Netjaru as the Director in replacement of Mr.Ekarin Luengviriya who resigned from the said position, The office term shall be equal to the remaining office term of Mr.Ekarin Luengviriya. Approved the change of the Authorized Directors as follows. Old; Mr.Ekarin Luengviriya Mr.Supawat Khunvoravinij and Mrs.Pallapa Ruangrong, two out of thesethree directors jointly sign with the company's seal being affixed. New; Mr.Supawat Khunvoravinij Miss Wachiraporn Netjaru and Suthat Boonyaudomsart, two out of these three directors jointly sign with the company's seal being affixed. Acknowledgement of Mr.Ekarin Luengviriya resigned from the position of the Managing Director due to retirement, which is effective from 1st March 2024 onwards. Approved the appointment of Mr.Supawat Khunvoravinij to the position of Acting Managing Director.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.005 (vs ฿0.018 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.005 (down from ฿0.018 in 3Q 2022). Revenue: ฿178.7m (down 3.1% from 3Q 2022). Net income: ฿10.3m (down 75% from 3Q 2022). Profit margin: 5.7% (down from 22% in 3Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ฿3.08 (vs ฿0.029 in 2Q 2022)Second quarter 2023 results: EPS: ฿3.08. Revenue: ฿160.5m (down 17% from 2Q 2022). Net income: ฿6.90m (down 90% from 2Q 2022). Profit margin: 4.3% (down from 34% in 2Q 2022). The decrease in margin was primarily driven by higher expenses.
Reported Earnings • May 13First quarter 2023 earnings released: EPS: ฿0 (vs ฿0.021 in 1Q 2022)First quarter 2023 results: EPS: ฿0 (down from ฿0.021 in 1Q 2022). Revenue: ฿175.6m (flat on 1Q 2022). Net income: ฿976.0k (down 98% from 1Q 2022). Profit margin: 0.6% (down from 27% in 1Q 2022).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Vice Chairman Kanyapan Buranarom was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: ฿0.018 (vs ฿0.023 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.018 (down from ฿0.023 in 3Q 2021). Revenue: ฿184.4m (up 5.3% from 3Q 2021). Net income: ฿40.8m (down 22% from 3Q 2021). Profit margin: 22% (down from 30% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Renewable Energy industry in Thailand.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.029 (vs ฿0.029 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.029 (vs ฿0.029 in 2Q 2021). Revenue: ฿194.0m (up 2.1% from 2Q 2021). Net income: ฿65.5m (up 1.6% from 2Q 2021). Profit margin: 34% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 13%, compared to a 22% growth forecast for the industry in Thailand.
Reported Earnings • May 15First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ฿0.021 (up from ฿0.02 in 1Q 2021). Revenue: ฿176.0m (up 2.0% from 1Q 2021). Net income: ฿46.8m (up 5.1% from 1Q 2021). Profit margin: 27% (in line with 1Q 2021). Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 13%, compared to a 26% growth forecast for the industry in Thailand.
Price Target Changed • Apr 27Price target increased to ฿3.80Up from ฿2.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ฿3.90. Stock is up 15% over the past year. The company is forecast to post earnings per share of ฿0.15 for next year compared to ฿0.084 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Vice Chairman Kanyapan Buranarom was the last independent director to join the board, commencing their role in 2021. 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 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿4.72, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Renewable Energy industry in Thailand. Total returns to shareholders of 51% over the past year.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿3.94, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Renewable Energy industry in Thailand. Total returns to shareholders of 70% over the past year.
お知らせ • Feb 24Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 21, 2022Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 21, 2022, at 07:00 Coordinated Universal Time. Location: EARTH TECH ENVIRONMENT PUBLIC COMPANY LIMITED. Address.88 88/1, Moo.1, Ban That Sub-District, KaengKhoi District Saraburi Thailand Thailand Agenda: To consider and certify the minutes of the 2021 Annual General Meeting of Shareholders held on 22 April 2021; to acknowledge the report of the Board of Directors regarding the operating results for the year 2021; to acknowledge of the insignificant change on the objective of IPO's utilization by reallocation of the amount of IPO Proceed; to consider and approve determination of directors' remuneration for the year 2022; to consideration and approval on the issuance and offering of the company debentures; and to consider any other matters.
Reported Earnings • Feb 24Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: ฿0.084 (down from ฿0.10 in FY 2020). Revenue: ฿730.2m (up 8.9% from FY 2020). Net income: ฿187.4m (down 3.7% from FY 2020). Profit margin: 26% (down from 29% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 12%, compared to a 33% growth forecast for the industry in Thailand.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿3.38, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 16x in the Renewable Energy industry in Thailand. Total returns to shareholders of 77% over the past year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS ฿0.023 (vs ฿0.025 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿175.1m (up 1.5% from 3Q 2020). Net income: ฿52.0m (up 8.1% from 3Q 2020). Profit margin: 30% (up from 28% in 3Q 2020). The increase in margin was primarily driven by higher revenue.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ฿2.62, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Renewable Energy industry in Thailand. Total loss to shareholders of 3.7% over the past year.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.029 (vs ฿0.037 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: ฿190.1m (up 8.0% from 2Q 2020). Net income: ฿64.5m (up 7.0% from 2Q 2020). Profit margin: 34% (in line with 2Q 2020).
Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.014 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿172.6m (up 28% from 1Q 2020). Net income: ฿44.5m (up 94% from 1Q 2020). Profit margin: 26% (up from 17% in 1Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿3.84, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 17x in the Renewable Energy industry in Thailand.
Valuation Update With 7 Day Price Move • Mar 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿2.64, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the Renewable Energy industry in Thailand.
Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.10 (vs ฿0.035 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿670.6m (up 85% from FY 2019). Net income: ฿194.5m (up 237% from FY 2019). Profit margin: 29% (up from 16% in FY 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Mar 02Revenue and earnings miss expectationsRevenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 9.1%. Over the next year, revenue is forecast to grow 13%, compared to a 25% growth forecast for the Renewable Energy industry in Thailand.
お知らせ • Feb 25Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2021Earth Tech Environment Public Company Limited, Annual General Meeting, Apr 22, 2021, at 07:00 Coordinated Universal Time. Agenda: To consider the topic that the Chairman will notify at the meeting; to consider and certify the minutes of the 2020Annual General Meeting of Shareholders held on 29 April 2020; to consider acknowledging the report of the Board of Directors regarding the operating results for the year 2020; to consider and approve the statements of financial position and statements of comprehensive income of the Company for accounting ended period of December 31, 2020; to consider and approve omission of the allocation of net profits for legal reserves and no dividend payments for the Company's performance for the year 2020; and to consider other matter.
Is New 90 Day High Low • Feb 24New 90-day high: ฿2.40The company is up 24% from its price of ฿1.94 on 26 November 2020. The Thai market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.64 per share.
Is New 90 Day High Low • Feb 01New 90-day high: ฿2.18The company is up 17% from its price of ฿1.87 on 03 November 2020. The Thai market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ฿3.64 per share.
お知らせ • Aug 18Earth Tech Environment Public Company Limited has completed an IPO in the amount of THB 1.56 billion.Earth Tech Environment Public Company Limited has completed an IPO in the amount of THB 1.56 billion. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 600,000,000 Price\Range: THB 2.6 Transaction Features: Carve-out