View Future GrowthGreen Resources 過去の業績過去 基準チェック /06Green Resourcesの収益は年間平均-51.8%の割合で減少していますが、 Renewable Energy業界の収益は年間 減少しています。収益は年間11.9% 6.1%割合で 減少しています。主要情報-51.76%収益成長率-51.76%EPS成長率Renewable Energy 業界の成長6.65%収益成長率-6.07%株主資本利益率-0.84%ネット・マージン-5.51%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 11First quarter 2026 earnings released: EPS: ฿0.011 (vs ฿0.031 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.011 (up from ฿0.031 loss in 1Q 2025). Revenue: ฿44.6m (up 57% from 1Q 2025). Net income: ฿9.34m (up ฿35.0m from 1Q 2025). Profit margin: 21% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 26Full year 2025 earnings released: ฿0.05 loss per share (vs ฿0.008 profit in FY 2024)Full year 2025 results: ฿0.05 loss per share (down from ฿0.008 profit in FY 2024). Revenue: ฿122.5m (up 15% from FY 2024). Net loss: ฿41.3m (down ฿47.5m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: ฿0.009 (vs ฿0.018 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.009 (down from ฿0.018 in 3Q 2024). Revenue: ฿33.2m (up 40% from 3Q 2024). Net income: ฿7.50m (down 50% from 3Q 2024). Profit margin: 23% (down from 63% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 19% per year.Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.008 loss per share (vs ฿0.004 profit in 2Q 2024)Second quarter 2025 results: ฿0.008 loss per share (down from ฿0.004 profit in 2Q 2024). Revenue: ฿29.8m (up 6.3% from 2Q 2024). Net loss: ฿6.44m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Reported Earnings • May 09First quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.018 profit in 1Q 2024)First quarter 2025 results: ฿0.03 loss per share (down from ฿0.018 profit in 1Q 2024). Revenue: ฿29.8m (up 14% from 1Q 2024). Net loss: ฿25.7m (down 270% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 22Full year 2024 earnings released: EPS: ฿0.008 (vs ฿0.038 loss in FY 2023)Full year 2024 results: EPS: ฿0.008 (up from ฿0.038 loss in FY 2023). Revenue: ฿120.2m (down 5.7% from FY 2023). Net income: ฿6.22m (up ฿36.9m from FY 2023). Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesReported Earnings • May 11First quarter 2026 earnings released: EPS: ฿0.011 (vs ฿0.031 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.011 (up from ฿0.031 loss in 1Q 2025). Revenue: ฿44.6m (up 57% from 1Q 2025). Net income: ฿9.34m (up ฿35.0m from 1Q 2025). Profit margin: 21% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Feb 26Full year 2025 earnings released: ฿0.05 loss per share (vs ฿0.008 profit in FY 2024)Full year 2025 results: ฿0.05 loss per share (down from ฿0.008 profit in FY 2024). Revenue: ฿122.5m (up 15% from FY 2024). Net loss: ฿41.3m (down ฿47.5m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.お知らせ • Feb 23Green Resources Public Company Limited, Annual General Meeting, Apr 23, 2026Green Resources Public Company Limited, Annual General Meeting, Apr 23, 2026, at 10:00 SE Asia Standard Time. Location: physical meeting, at the company`s meeting room, floor 3, no. 405 bond road street soi 13, bang phut subdistrict, pak kret district nonthaburi, province 11120, ThailandReported Earnings • Nov 08Third quarter 2025 earnings released: EPS: ฿0.009 (vs ฿0.018 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.009 (down from ฿0.018 in 3Q 2024). Revenue: ฿33.2m (up 40% from 3Q 2024). Net income: ฿7.50m (down 50% from 3Q 2024). Profit margin: 23% (down from 63% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 19% per year.New Risk • Sep 17New 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 8.1% 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 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Revenue is less than US$5m (฿104m revenue, or US$3.3m). Market cap is less than US$100m (฿662.6m market cap, or US$20.9m).Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.008 loss per share (vs ฿0.004 profit in 2Q 2024)Second quarter 2025 results: ฿0.008 loss per share (down from ฿0.004 profit in 2Q 2024). Revenue: ฿29.8m (up 6.3% from 2Q 2024). Net loss: ฿6.44m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Jul 16Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.3% to ฿0.71. The fair value is estimated to be ฿0.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to ฿0.73. The fair value is estimated to be ฿0.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • May 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to ฿0.87. The fair value is estimated to be ฿1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company became loss making.New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 35% 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 35% per year over the past 5 years. Minor Risks Revenue is less than US$5m (฿92m revenue, or US$2.8m). Market cap is less than US$100m (฿719.9m market cap, or US$21.8m).Reported Earnings • May 09First quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.018 profit in 1Q 2024)First quarter 2025 results: ฿0.03 loss per share (down from ฿0.018 profit in 1Q 2024). Revenue: ฿29.8m (up 14% from 1Q 2024). Net loss: ฿25.7m (down 270% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Apr 24Now 21% overvaluedOver the last 90 days, the stock has fallen 19% to ฿0.82. The fair value is estimated to be ฿0.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Feb 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (฿106m revenue, or US$3.2m). Market cap is less than US$100m (฿752.6m market cap, or US$22.4m).Reported Earnings • Feb 22Full year 2024 earnings released: EPS: ฿0.008 (vs ฿0.038 loss in FY 2023)Full year 2024 results: EPS: ฿0.008 (up from ฿0.038 loss in FY 2023). Revenue: ฿120.2m (down 5.7% from FY 2023). Net income: ฿6.22m (up ฿36.9m from FY 2023). Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.お知らせ • Feb 21Green Resources Public Company Limited Announces Board AppointmentsGreen Resources Public Company Limited announced that the appointment of Mr. Phichit Wiriyamettakul as director with effect from February 20, 2025. His expiry date is April 30, 2026. Position in company: Investment Committee. The company also announced that the election of Mr. Pornthape Thunyapongchai to the audit committee with effect from February 20, 2025. His expiry date is February 20, 2028.お知らせ • Feb 20Green Resources Public Company Limited, Annual General Meeting, Apr 24, 2025Green Resources Public Company Limited, Annual General Meeting, Apr 24, 2025, at 10:00 SE Asia Standard Time. Location: at the company`s meeting room, floor 3, no. 405 bond road street soi 13, bang phut subdistrict, pak kret district nonthaburi province 11120, Thailandお知らせ • Jan 30Green Resources Public Company Limited Announces Passing Away of Virat Jansiriwattana, Independent Director, Audit Committee, Recruitment and Remuneration Committee and Risk CommitteeGreen Resources Public Company Limited announced that Mr. Virat Jansiriwattana, Independent Director, Audit Committee, Recruitment and Remuneration Committee and Risk Committee passed away on 28 January 2025. The Board of Directors will proceed to consider appointing the appropriate person to hold the position instead of vacancy.Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.006 loss in 3Q 2023)Third quarter 2024 results: EPS: ฿0.02 (up from ฿0.006 loss in 3Q 2023). Revenue: ฿41.6m (up 54% from 3Q 2023). Net income: ฿15.0m (up ฿19.8m from 3Q 2023). Profit margin: 36% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.004 (vs ฿0.022 loss in 2Q 2023)Second quarter 2024 results: EPS: ฿0.004 (up from ฿0.022 loss in 2Q 2023). Revenue: ฿32.6m (up 28% from 2Q 2023). Net income: ฿3.14m (up ฿21.4m from 2Q 2023). Profit margin: 9.6% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Jul 01Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to ฿1.14. The fair value is estimated to be ฿0.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Jun 21Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ฿1.11. The fair value is estimated to be ฿0.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.018 (vs ฿0.006 loss in 1Q 2023)First quarter 2024 results: EPS: ฿0.018 (up from ฿0.006 loss in 1Q 2023). Revenue: ฿43.7m (up 31% from 1Q 2023). Net income: ฿15.1m (up ฿19.7m from 1Q 2023). Profit margin: 35% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Mar 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to ฿0.87. The fair value is estimated to be ฿0.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Meanwhile, the company became loss making.New Risk • Feb 24New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risks Revenue is less than US$5m (฿127m revenue, or US$3.5m). Market cap is less than US$100m (฿809.8m market cap, or US$22.5m).Reported Earnings • Feb 24Full year 2023 earnings released: ฿0.04 loss per share (vs ฿0.008 loss in FY 2022)Full year 2023 results: ฿0.04 loss per share (further deteriorated from ฿0.008 loss in FY 2022). Revenue: ฿127.5m (up 5.6% from FY 2022). Net loss: ฿30.7m (loss widened 377% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.お知らせ • Feb 23Green Resources Public Company Limited, Annual General Meeting, Apr 25, 2024Green Resources Public Company Limited, Annual General Meeting, Apr 25, 2024, at 10:00 SE Asia Standard Time. Location: meeting room, 3 floor, No. 405 Bond Street Road Soi 13, Bang Phut Subdistrict, Pak Kret District Nonthaburi Thailand Agenda: To consider and approve the minutes of the 2023 Annual General Meeting of Shareholders Thursday April 20, 2023; to consider and acknowledge the company's performance for the year 2023; to consider and approve the company's financial statements for the year ended December 31, 2023; to consider and approve the allocation of profits and not to pay dividends for the operating results year 2023; to consider and approve the appointment of directors in place of directors who must retire by rotation; to consider and approve the remuneration of directors for the year 2024; to consider and approve the appointment of the company's auditor and remuneration for the auditor year 2024; and to consider other matters (if any).Reported Earnings • Nov 11Third quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.018 loss in 3Q 2022)Third quarter 2023 results: ฿0.01 loss per share (improved from ฿0.018 loss in 3Q 2022). Revenue: ฿29.8m (up 14% from 3Q 2022). Net loss: ฿4.86m (loss narrowed 67% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.Board Change • Sep 01Insufficient 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. 6 experienced directors. 2 highly experienced directors. Independent Director Pornthape Thunyapongchai 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 11Second quarter 2023 earnings released: ฿0.02 loss per share (vs ฿0.021 loss in 2Q 2022)Second quarter 2023 results: ฿0.02 loss per share. Revenue: ฿31.0m (down 6.2% from 2Q 2022). Net loss: ฿18.3m (loss widened 7.9% from 2Q 2022).New Risk • Jul 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Revenue is less than US$5m (฿122m revenue, or US$3.6m). Market cap is less than US$100m (฿826.2m market cap, or US$24.3m).お知らせ • May 20Green Resources Public Company Limited Announces Renewal of Audit Committee by Appointing Virat Jansirivatana Member of the Audit CommitteeGreen Resources Public Company Limited announced appointment of Mr. Virat Jansirivatana Member of the audit committee as apart of renewal of the audit committee, which shall take an effect as of 20 April 2023. The audit committee is consisted of: Chairman of the audit committee . Mr.Somkuan Musig-in, Member of the audit committee: Mr.Virat Jansirivatana, Member of the audit committee, Mr. Peerapong Pitrpibulpatit, Member of the audit committee.Reported Earnings • Aug 10Second quarter 2022 earnings released: ฿0.02 loss per share (vs ฿0.019 profit in 2Q 2021)Second quarter 2022 results: ฿0.02 loss per share (down from ฿0.019 profit in 2Q 2021). Revenue: ฿42.2m (up 25% from 2Q 2021). Net loss: ฿16.9m (down 209% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2022 earnings released: ฿0.001 loss per share (vs ฿0.046 profit in 1Q 2021)First quarter 2022 results: ฿0.001 loss per share (down from ฿0.046 profit in 1Q 2021). Revenue: ฿36.1m (up 20% from 1Q 2021). Net loss: ฿706.0k (down 102% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿1.56, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand. Total returns to shareholders of 38% over the past three years.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.06 (up from ฿0.008 in FY 2020). Revenue: ฿148.3m (up 7.6% from FY 2020). Net income: ฿47.1m (up ฿40.3m from FY 2020). Profit margin: 32% (up from 5.0% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 26Green Resources Public Company Limited, Annual General Meeting, Apr 21, 2022Green Resources Public Company Limited, Annual General Meeting, Apr 21, 2022, at 10:00 SE Asia Standard Time. Location: at Company meeting room, 3 floor, No. 405 Bond Street Road Soi 13 Bang Phut Subdistrict, Pak Kret District Nonthaburi 11120 Nonthaburi Thailand Agenda: To consider and approve the minutes of the 2021 Annual General Meeting of Shareholders Tuesday April 27, 2021; to consider and acknowledge the company's performance for the year 2021; to consider and approve the company's financial statements for the year ended December 31, 2021; to consider and approve the allocation of profits and not to pay dividends for the operating results year 2021; to consider and approve the appointment of directors in place of directors who must retire by rotation; to consider and approve the remuneration of directors for the year 2022; and to consider other matters.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.71, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 15x in the Real Estate industry in Thailand. Total returns to shareholders of 53% over the past three years.Reported Earnings • Nov 07Third quarter 2021 earnings released: ฿0.006 loss per share (vs ฿0.004 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ฿44.2m (up 21% from 3Q 2020). Net loss: ฿4.88m (down 245% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿2.20, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 12x in the Real Estate industry in Thailand. Total returns to shareholders of 77% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.019 (vs ฿0.002 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿50.6m (up 77% from 2Q 2020). Net income: ฿15.5m (up ฿13.5m from 2Q 2020). Profit margin: 31% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.96, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total returns to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.86, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total returns to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿1.57, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total returns to shareholders of 52% over the past three years.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.046 (vs ฿0.001 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿69.1m (up 150% from 1Q 2020). Net income: ฿37.5m (up ฿36.7m from 1Q 2020). Profit margin: 54% (up from 2.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Executive Departure • May 05Vice Chairman Prateep Anantachote has left the companyOn the 27th of April, Prateep Anantachote's tenure as Vice Chairman ended after 7.2 years in the role. We don't have any record of a personal shareholding under Prateep's name. A total of 2 executives have left over the last 12 months.お知らせ • Feb 25Green Resources Public Company Limited, Annual General Meeting, Apr 27, 2021Green Resources Public Company Limited, Annual General Meeting, Apr 27, 2021, at 11:00 China Standard Time. Location: Company meeting room, 3 floor, No. 405 Bond Street Road Soi 13, Bang Phut Subdistrict, Pak Kret District Nonthaburi 11120 Nonthaburi Thailand Agenda: to Consider and approve the minutes of the 2020 Annual General Meeting of Shareholders Friday May 8, 2020; to Consider and acknowledge the company's performance for the year 2020; to Consider and approve the company's financial statements for the year ended December 31, 2020; to consider other matters.Reported Earnings • Feb 25Full year 2020 earnings released: EPS ฿0.008 (vs ฿0.005 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿144.3m (up 16% from FY 2019). Net income: ฿6.83m (up 70% from FY 2019). Profit margin: 4.7% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 08New 90-day low: ฿1.00The company is down 8.0% from its price of ฿1.09 on 09 October 2020. The Thai market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 16% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.004The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿39.6m (up 11% from 3Q 2019). Net income: ฿3.37m (up 60% from 3Q 2019). Profit margin: 8.5% (up from 5.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Sep 21New 90-day high: ฿1.12The company is up 27% from its price of ฿0.88 on 23 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 9.0% over the same period.収支内訳Green Resources 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:GREEN 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 26113-638031 Dec 25110-4138030 Sep 25104-5237030 Jun 25104-4438031 Mar 25108-3537031 Dec 24106637030 Sep 241073037030 Jun 241111036031 Mar 24108-1136031 Dec 23115-3136030 Sep 23159-237030 Jun 23158-1238031 Mar 23165-1038031 Dec 22165-638030 Sep 22115-3336030 Jun 22123-2436031 Mar 22124937031 Dec 211214737030 Sep 211404937030 Jun 211425736031 Mar 211374436031 Dec 20135737030 Sep 201271336030 Jun 201231242031 Mar 20120643031 Dec 19125445030 Sep 19137-251030 Jun 19163-1058031 Mar 19162-1362031 Dec 18141-345030 Sep 18103-3563030 Jun 1855-3754031 Mar 1848-3652031 Dec 1753-5874030 Sep 1797-7558030 Jun 17157-7165031 Mar 17379-112114031 Dec 16440-120126030 Sep 16399-122160030 Jun 16357-124171031 Mar 16117-118150031 Dec 1541-113137030 Sep 1542-76101030 Jun 1521-94810質の高い収益: GREENは現在利益が出ていません。利益率の向上: GREENは現在利益が出ていません。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: GREENは利益が出ておらず、過去 5 年間で損失は年間51.8%の割合で増加しています。成長の加速: GREENの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: GREENは利益が出ていないため、過去 1 年間の収益成長をRenewable Energy業界 ( 4.3% ) と比較することは困難です。株主資本利益率高いROE: GREENは現在利益が出ていないため、自己資本利益率 ( -0.84% ) はマイナスです。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2026/05/27 01:57終値2026/05/27 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Green Resources 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。0
Reported Earnings • May 11First quarter 2026 earnings released: EPS: ฿0.011 (vs ฿0.031 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.011 (up from ฿0.031 loss in 1Q 2025). Revenue: ฿44.6m (up 57% from 1Q 2025). Net income: ฿9.34m (up ฿35.0m from 1Q 2025). Profit margin: 21% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 26Full year 2025 earnings released: ฿0.05 loss per share (vs ฿0.008 profit in FY 2024)Full year 2025 results: ฿0.05 loss per share (down from ฿0.008 profit in FY 2024). Revenue: ฿122.5m (up 15% from FY 2024). Net loss: ฿41.3m (down ฿47.5m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: ฿0.009 (vs ฿0.018 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.009 (down from ฿0.018 in 3Q 2024). Revenue: ฿33.2m (up 40% from 3Q 2024). Net income: ฿7.50m (down 50% from 3Q 2024). Profit margin: 23% (down from 63% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 19% per year.
Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.008 loss per share (vs ฿0.004 profit in 2Q 2024)Second quarter 2025 results: ฿0.008 loss per share (down from ฿0.004 profit in 2Q 2024). Revenue: ฿29.8m (up 6.3% from 2Q 2024). Net loss: ฿6.44m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Reported Earnings • May 09First quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.018 profit in 1Q 2024)First quarter 2025 results: ฿0.03 loss per share (down from ฿0.018 profit in 1Q 2024). Revenue: ฿29.8m (up 14% from 1Q 2024). Net loss: ฿25.7m (down 270% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 22Full year 2024 earnings released: EPS: ฿0.008 (vs ฿0.038 loss in FY 2023)Full year 2024 results: EPS: ฿0.008 (up from ฿0.038 loss in FY 2023). Revenue: ฿120.2m (down 5.7% from FY 2023). Net income: ฿6.22m (up ฿36.9m from FY 2023). Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • May 11First quarter 2026 earnings released: EPS: ฿0.011 (vs ฿0.031 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.011 (up from ฿0.031 loss in 1Q 2025). Revenue: ฿44.6m (up 57% from 1Q 2025). Net income: ฿9.34m (up ฿35.0m from 1Q 2025). Profit margin: 21% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Feb 26Full year 2025 earnings released: ฿0.05 loss per share (vs ฿0.008 profit in FY 2024)Full year 2025 results: ฿0.05 loss per share (down from ฿0.008 profit in FY 2024). Revenue: ฿122.5m (up 15% from FY 2024). Net loss: ฿41.3m (down ฿47.5m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 23Green Resources Public Company Limited, Annual General Meeting, Apr 23, 2026Green Resources Public Company Limited, Annual General Meeting, Apr 23, 2026, at 10:00 SE Asia Standard Time. Location: physical meeting, at the company`s meeting room, floor 3, no. 405 bond road street soi 13, bang phut subdistrict, pak kret district nonthaburi, province 11120, Thailand
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: ฿0.009 (vs ฿0.018 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.009 (down from ฿0.018 in 3Q 2024). Revenue: ฿33.2m (up 40% from 3Q 2024). Net income: ฿7.50m (down 50% from 3Q 2024). Profit margin: 23% (down from 63% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year whereas the company’s share price has fallen by 19% per year.
New Risk • Sep 17New 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 8.1% 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 44% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Revenue is less than US$5m (฿104m revenue, or US$3.3m). Market cap is less than US$100m (฿662.6m market cap, or US$20.9m).
Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.008 loss per share (vs ฿0.004 profit in 2Q 2024)Second quarter 2025 results: ฿0.008 loss per share (down from ฿0.004 profit in 2Q 2024). Revenue: ฿29.8m (up 6.3% from 2Q 2024). Net loss: ฿6.44m (down 305% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Jul 16Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.3% to ฿0.71. The fair value is estimated to be ฿0.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.7% to ฿0.73. The fair value is estimated to be ฿0.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • May 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to ฿0.87. The fair value is estimated to be ฿1.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Meanwhile, the company became loss making.
New Risk • May 09New major risk - Revenue and earnings growthEarnings have declined by 35% 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 35% per year over the past 5 years. Minor Risks Revenue is less than US$5m (฿92m revenue, or US$2.8m). Market cap is less than US$100m (฿719.9m market cap, or US$21.8m).
Reported Earnings • May 09First quarter 2025 earnings released: ฿0.03 loss per share (vs ฿0.018 profit in 1Q 2024)First quarter 2025 results: ฿0.03 loss per share (down from ฿0.018 profit in 1Q 2024). Revenue: ฿29.8m (up 14% from 1Q 2024). Net loss: ฿25.7m (down 270% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Apr 24Now 21% overvaluedOver the last 90 days, the stock has fallen 19% to ฿0.82. The fair value is estimated to be ฿0.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Feb 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 47% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (฿106m revenue, or US$3.2m). Market cap is less than US$100m (฿752.6m market cap, or US$22.4m).
Reported Earnings • Feb 22Full year 2024 earnings released: EPS: ฿0.008 (vs ฿0.038 loss in FY 2023)Full year 2024 results: EPS: ฿0.008 (up from ฿0.038 loss in FY 2023). Revenue: ฿120.2m (down 5.7% from FY 2023). Net income: ฿6.22m (up ฿36.9m from FY 2023). Profit margin: 5.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
お知らせ • Feb 21Green Resources Public Company Limited Announces Board AppointmentsGreen Resources Public Company Limited announced that the appointment of Mr. Phichit Wiriyamettakul as director with effect from February 20, 2025. His expiry date is April 30, 2026. Position in company: Investment Committee. The company also announced that the election of Mr. Pornthape Thunyapongchai to the audit committee with effect from February 20, 2025. His expiry date is February 20, 2028.
お知らせ • Feb 20Green Resources Public Company Limited, Annual General Meeting, Apr 24, 2025Green Resources Public Company Limited, Annual General Meeting, Apr 24, 2025, at 10:00 SE Asia Standard Time. Location: at the company`s meeting room, floor 3, no. 405 bond road street soi 13, bang phut subdistrict, pak kret district nonthaburi province 11120, Thailand
お知らせ • Jan 30Green Resources Public Company Limited Announces Passing Away of Virat Jansiriwattana, Independent Director, Audit Committee, Recruitment and Remuneration Committee and Risk CommitteeGreen Resources Public Company Limited announced that Mr. Virat Jansiriwattana, Independent Director, Audit Committee, Recruitment and Remuneration Committee and Risk Committee passed away on 28 January 2025. The Board of Directors will proceed to consider appointing the appropriate person to hold the position instead of vacancy.
Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.006 loss in 3Q 2023)Third quarter 2024 results: EPS: ฿0.02 (up from ฿0.006 loss in 3Q 2023). Revenue: ฿41.6m (up 54% from 3Q 2023). Net income: ฿15.0m (up ฿19.8m from 3Q 2023). Profit margin: 36% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ฿0.004 (vs ฿0.022 loss in 2Q 2023)Second quarter 2024 results: EPS: ฿0.004 (up from ฿0.022 loss in 2Q 2023). Revenue: ฿32.6m (up 28% from 2Q 2023). Net income: ฿3.14m (up ฿21.4m from 2Q 2023). Profit margin: 9.6% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Jul 01Now 27% overvalued after recent price riseOver the last 90 days, the stock has risen 9.6% to ฿1.14. The fair value is estimated to be ฿0.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Jun 21Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ฿1.11. The fair value is estimated to be ฿0.90, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.018 (vs ฿0.006 loss in 1Q 2023)First quarter 2024 results: EPS: ฿0.018 (up from ฿0.006 loss in 1Q 2023). Revenue: ฿43.7m (up 31% from 1Q 2023). Net income: ฿15.1m (up ฿19.7m from 1Q 2023). Profit margin: 35% (up from net loss in 1Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Mar 04Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to ฿0.87. The fair value is estimated to be ฿0.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Feb 24New major risk - Revenue and earnings growthEarnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risks Revenue is less than US$5m (฿127m revenue, or US$3.5m). Market cap is less than US$100m (฿809.8m market cap, or US$22.5m).
Reported Earnings • Feb 24Full year 2023 earnings released: ฿0.04 loss per share (vs ฿0.008 loss in FY 2022)Full year 2023 results: ฿0.04 loss per share (further deteriorated from ฿0.008 loss in FY 2022). Revenue: ฿127.5m (up 5.6% from FY 2022). Net loss: ฿30.7m (loss widened 377% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 23Green Resources Public Company Limited, Annual General Meeting, Apr 25, 2024Green Resources Public Company Limited, Annual General Meeting, Apr 25, 2024, at 10:00 SE Asia Standard Time. Location: meeting room, 3 floor, No. 405 Bond Street Road Soi 13, Bang Phut Subdistrict, Pak Kret District Nonthaburi Thailand Agenda: To consider and approve the minutes of the 2023 Annual General Meeting of Shareholders Thursday April 20, 2023; to consider and acknowledge the company's performance for the year 2023; to consider and approve the company's financial statements for the year ended December 31, 2023; to consider and approve the allocation of profits and not to pay dividends for the operating results year 2023; to consider and approve the appointment of directors in place of directors who must retire by rotation; to consider and approve the remuneration of directors for the year 2024; to consider and approve the appointment of the company's auditor and remuneration for the auditor year 2024; and to consider other matters (if any).
Reported Earnings • Nov 11Third quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.018 loss in 3Q 2022)Third quarter 2023 results: ฿0.01 loss per share (improved from ฿0.018 loss in 3Q 2022). Revenue: ฿29.8m (up 14% from 3Q 2022). Net loss: ฿4.86m (loss narrowed 67% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
Board Change • Sep 01Insufficient 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. 6 experienced directors. 2 highly experienced directors. Independent Director Pornthape Thunyapongchai 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 11Second quarter 2023 earnings released: ฿0.02 loss per share (vs ฿0.021 loss in 2Q 2022)Second quarter 2023 results: ฿0.02 loss per share. Revenue: ฿31.0m (down 6.2% from 2Q 2022). Net loss: ฿18.3m (loss widened 7.9% from 2Q 2022).
New Risk • Jul 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Revenue is less than US$5m (฿122m revenue, or US$3.6m). Market cap is less than US$100m (฿826.2m market cap, or US$24.3m).
お知らせ • May 20Green Resources Public Company Limited Announces Renewal of Audit Committee by Appointing Virat Jansirivatana Member of the Audit CommitteeGreen Resources Public Company Limited announced appointment of Mr. Virat Jansirivatana Member of the audit committee as apart of renewal of the audit committee, which shall take an effect as of 20 April 2023. The audit committee is consisted of: Chairman of the audit committee . Mr.Somkuan Musig-in, Member of the audit committee: Mr.Virat Jansirivatana, Member of the audit committee, Mr. Peerapong Pitrpibulpatit, Member of the audit committee.
Reported Earnings • Aug 10Second quarter 2022 earnings released: ฿0.02 loss per share (vs ฿0.019 profit in 2Q 2021)Second quarter 2022 results: ฿0.02 loss per share (down from ฿0.019 profit in 2Q 2021). Revenue: ฿42.2m (up 25% from 2Q 2021). Net loss: ฿16.9m (down 209% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2022 earnings released: ฿0.001 loss per share (vs ฿0.046 profit in 1Q 2021)First quarter 2022 results: ฿0.001 loss per share (down from ฿0.046 profit in 1Q 2021). Revenue: ฿36.1m (up 20% from 1Q 2021). Net loss: ฿706.0k (down 102% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿1.56, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand. Total returns to shareholders of 38% over the past three years.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.06 (up from ฿0.008 in FY 2020). Revenue: ฿148.3m (up 7.6% from FY 2020). Net income: ฿47.1m (up ฿40.3m from FY 2020). Profit margin: 32% (up from 5.0% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 26Green Resources Public Company Limited, Annual General Meeting, Apr 21, 2022Green Resources Public Company Limited, Annual General Meeting, Apr 21, 2022, at 10:00 SE Asia Standard Time. Location: at Company meeting room, 3 floor, No. 405 Bond Street Road Soi 13 Bang Phut Subdistrict, Pak Kret District Nonthaburi 11120 Nonthaburi Thailand Agenda: To consider and approve the minutes of the 2021 Annual General Meeting of Shareholders Tuesday April 27, 2021; to consider and acknowledge the company's performance for the year 2021; to consider and approve the company's financial statements for the year ended December 31, 2021; to consider and approve the allocation of profits and not to pay dividends for the operating results year 2021; to consider and approve the appointment of directors in place of directors who must retire by rotation; to consider and approve the remuneration of directors for the year 2022; and to consider other matters.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.71, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 15x in the Real Estate industry in Thailand. Total returns to shareholders of 53% over the past three years.
Reported Earnings • Nov 07Third quarter 2021 earnings released: ฿0.006 loss per share (vs ฿0.004 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: ฿44.2m (up 21% from 3Q 2020). Net loss: ฿4.88m (down 245% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿2.20, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 12x in the Real Estate industry in Thailand. Total returns to shareholders of 77% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.019 (vs ฿0.002 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿50.6m (up 77% from 2Q 2020). Net income: ฿15.5m (up ฿13.5m from 2Q 2020). Profit margin: 31% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 25Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.96, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total returns to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to ฿1.86, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total returns to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿1.57, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total returns to shareholders of 52% over the past three years.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.046 (vs ฿0.001 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿69.1m (up 150% from 1Q 2020). Net income: ฿37.5m (up ฿36.7m from 1Q 2020). Profit margin: 54% (up from 2.7% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Executive Departure • May 05Vice Chairman Prateep Anantachote has left the companyOn the 27th of April, Prateep Anantachote's tenure as Vice Chairman ended after 7.2 years in the role. We don't have any record of a personal shareholding under Prateep's name. A total of 2 executives have left over the last 12 months.
お知らせ • Feb 25Green Resources Public Company Limited, Annual General Meeting, Apr 27, 2021Green Resources Public Company Limited, Annual General Meeting, Apr 27, 2021, at 11:00 China Standard Time. Location: Company meeting room, 3 floor, No. 405 Bond Street Road Soi 13, Bang Phut Subdistrict, Pak Kret District Nonthaburi 11120 Nonthaburi Thailand Agenda: to Consider and approve the minutes of the 2020 Annual General Meeting of Shareholders Friday May 8, 2020; to Consider and acknowledge the company's performance for the year 2020; to Consider and approve the company's financial statements for the year ended December 31, 2020; to consider other matters.
Reported Earnings • Feb 25Full year 2020 earnings released: EPS ฿0.008 (vs ฿0.005 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿144.3m (up 16% from FY 2019). Net income: ฿6.83m (up 70% from FY 2019). Profit margin: 4.7% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 08New 90-day low: ฿1.00The company is down 8.0% from its price of ฿1.09 on 09 October 2020. The Thai market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 16% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.004The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿39.6m (up 11% from 3Q 2019). Net income: ฿3.37m (up 60% from 3Q 2019). Profit margin: 8.5% (up from 5.9% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Sep 21New 90-day high: ฿1.12The company is up 27% from its price of ฿0.88 on 23 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 9.0% over the same period.