View Financial HealthRatch Pathana Energy 配当と自社株買い配当金 基準チェック /16Ratch Pathana Energy配当を支払う会社であり、現在の利回りは2.17%です。主要情報2.2%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長-13.1%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向-20%最近の配当と自社株買いの更新お知らせ • Apr 22Ratch Pathana Energy Public Company Limited Approves Omission of the Dividend Payment for the Year Ended December 31, 2025Ratch Pathana Energy Public Company Limited at the Annual General Meeting of Shareholders, held on April 21, 2026 approved that there is not legal reserve needed for this year and approve the omission of the dividend payment for the operating results of the year ended December 31, 2025.お知らせ • Apr 23+ 1 more updateRatch Pathana Energy Public Company Limited Approves Dividend Payment from the Company's Performance of 2024, Payable on May 22, 2025Ratch Pathana Energy Public Company Limited at its AGM held on April 23, 2025, approved the dividend payment from the Company's performance of 2024 at THB 0.05 per share for 1,163,695,652 shares in totaling, amounting to THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2025, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 22, 2025.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 22 May 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (8.1%). Lower than average of industry peers (5.8%).Declared Dividend • Feb 21Dividend of ฿0.05 announcedDividend of ฿0.05 is the same as last year. Ex-date: 30th April 2025 Payment date: 22nd May 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 426%. Cash payout ratio: Approximately 6x free cash flows.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (2.9%).お知らせ • Apr 20Sahacogen (Chonburi) Public Company Limited Approves Dividend Payment for 2023, Payable on May 17, 2024Sahacogen (Chonburi) Public Company Limited at its AGM held on April 18, 2024, approved to pay the dividend payment from the Company's performance of 2023 at THB 0.05 per share for 1,163,695,652 shares in totaling THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2024, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 17, 2024.すべての更新を表示Recent updatesお知らせ • Apr 22Ratch Pathana Energy Public Company Limited Approves Omission of the Dividend Payment for the Year Ended December 31, 2025Ratch Pathana Energy Public Company Limited at the Annual General Meeting of Shareholders, held on April 21, 2026 approved that there is not legal reserve needed for this year and approve the omission of the dividend payment for the operating results of the year ended December 31, 2025.Reported Earnings • Feb 27Full year 2025 earnings released: ฿0.15 loss per share (vs ฿0.21 loss in FY 2024)Full year 2025 results: ฿0.15 loss per share (improved from ฿0.21 loss in FY 2024). Revenue: ฿3.14b (down 15% from FY 2024). Net loss: ฿171.7m (loss narrowed 29% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% 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 26Ratch Pathana Energy Public Company Limited, Annual General Meeting, Apr 21, 2026Ratch Pathana Energy Public Company Limited, Annual General Meeting, Apr 21, 2026, at 14:00 SE Asia Standard Time. Location: kingbridge hall room, 4th floor, kingbridge tower, 989 rama 3 road, bangpongpang, yannawa, bangkok 10120 ThailandNew Risk • Jan 28New 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 6.1% 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 Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).Reported Earnings • Nov 08Third quarter 2025 earnings released: ฿0.008 loss per share (vs ฿0.019 loss in 3Q 2024)Third quarter 2025 results: ฿0.008 loss per share (improved from ฿0.019 loss in 3Q 2024). Revenue: ฿753.6m (down 9.6% from 3Q 2024). Net loss: ฿9.78m (loss narrowed 55% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.059 loss per share (vs ฿0.004 profit in 2Q 2024)Second quarter 2025 results: ฿0.059 loss per share (down from ฿0.004 profit in 2Q 2024). Revenue: ฿874.6m (down 1.5% from 2Q 2024). Net loss: ฿68.4m (down ฿73.5m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 10% 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 Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (฿3.14b market cap, or US$96.9m).Reported Earnings • May 09First quarter 2025 earnings released: ฿0.017 loss per share (vs ฿0.032 loss in 1Q 2024)First quarter 2025 results: ฿0.017 loss per share (improved from ฿0.032 loss in 1Q 2024). Revenue: ฿784.9m (down 30% from 1Q 2024). Net loss: ฿20.3m (loss narrowed 46% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.お知らせ • Apr 23+ 1 more updateRatch Pathana Energy Public Company Limited Approves Dividend Payment from the Company's Performance of 2024, Payable on May 22, 2025Ratch Pathana Energy Public Company Limited at its AGM held on April 23, 2025, approved the dividend payment from the Company's performance of 2024 at THB 0.05 per share for 1,163,695,652 shares in totaling, amounting to THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2025, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 22, 2025.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 22 May 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (8.1%). Lower than average of industry peers (5.8%).お知らせ • Mar 11Ratch Pathana Energy Public Company Limited Announces Term Expiration of Veera Srichanachaichok, as Independent Director and from Audit Committee, Effective April 24, 2025Ratch Pathana Energy Public Company Limited announced the term expiration of VEERA SRICHANACHAICHOK, as INDEPENDENT DIRECTOR and from AUDIT COMMITTEE. Expire Date is April 24, 2025. Terminate Reason: Retire from office at the end of the term.New Risk • Mar 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.35b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.35b market cap, or US$99.4m).Declared Dividend • Feb 21Dividend of ฿0.05 announcedDividend of ฿0.05 is the same as last year. Ex-date: 30th April 2025 Payment date: 22nd May 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 426%. Cash payout ratio: Approximately 6x free cash flows.お知らせ • Feb 20+ 1 more updateRatch Pathana Energy Public Company Limited, Annual General Meeting, Apr 23, 2025Ratch Pathana Energy Public Company Limited, Annual General Meeting, Apr 23, 2025, at 14:00 SE Asia Standard Time. Location: physical meeting, the meeting venue will be notified by, march 11, 2025., ThailandReported Earnings • Feb 20Full year 2024 earnings released: ฿0.21 loss per share (vs ฿0.079 profit in FY 2023)Full year 2024 results: ฿0.21 loss per share (down from ฿0.079 profit in FY 2023). Revenue: ฿3.69b (down 28% from FY 2023). Net loss: ฿241.5m (down 362% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Jan 02Ratch Pathana Energy Public Company Limited Announces Chief Accountant ChangesRatch Pathana Energy Public Company Limited announced Chief Accountant changes. Mr. Wittaya Tachati: Position of Chief Accountant: Accounting Division Manager. Effective Date of Termination is 31December 2024. Miss Yupha Srisook: Position of Chief Accountant: Accounting Division Manager. Effective Date of Appointment is 01 January 2025.Reported Earnings • Nov 14Third quarter 2024 earnings released: ฿0.019 loss per share (vs ฿0.02 profit in 3Q 2023)Third quarter 2024 results: ฿0.019 loss per share (down from ฿0.02 profit in 3Q 2023). Revenue: ฿833.7m (down 32% from 3Q 2023). Net loss: ฿21.8m (down 193% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Oct 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.4% to ฿3.66. The fair value is estimated to be ฿3.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Oct 12Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿3.66. The fair value is estimated to be ฿3.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.004 (vs ฿0.012 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.004 (down from ฿0.012 in 2Q 2023). Revenue: ฿888.0m (down 32% from 2Q 2023). Net income: ฿5.14m (down 64% from 2Q 2023). Profit margin: 0.6% (down from 1.1% in 2Q 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 6% per year, which means it has not declined as severely as earnings.New Risk • Jun 21New 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 6.2% 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 Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 45% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results.Reported Earnings • May 14First quarter 2024 earnings released: ฿0.032 loss per share (vs ฿0.012 loss in 1Q 2023)First quarter 2024 results: ฿0.032 loss per share (further deteriorated from ฿0.012 loss in 1Q 2023). Revenue: ฿1.12b (down 22% from 1Q 2023). Net loss: ฿37.8m (loss widened 176% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Apr 27Ratch Pathana Energy Public Company Limited Announces Natapong Vanarat Intends to Resign as Independent Director and Member of Audit Committee, Effective from May 31, 2024 OnwardsRatch Pathana Energy Public Company Limited announced that Mr. Natapong Vanarat had declared his intention to resign from his positions as a director (independent director) and a member of the Audit Committee, effective from May 31, 2024 onwards. The Company will proceed with the recruitment of a new director to replace the vacant director position according to the Company's recruitment process. The Company will report the progress to The Stock Exchange of Thailand accordingly.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (2.9%).お知らせ • Apr 23Choosri Kietkajornkul Intents to Resign from Her Positions as Director and Other Positions of Sahacogen (Chonburi) Public Company Limited, Effective May 13, 2024Sahacogen (Chonburi) Public Company Limited informed that Ms. Choosri Kietkajornkul had declared her intention to resign from her positions as a director and other positions, effective from May 13, 2024 onwards. The company will proceed with the recruitment of a new director to replace the vacant director position according to the Company's recruitment process.お知らせ • Apr 20Sahacogen (Chonburi) Public Company Limited Approves Dividend Payment for 2023, Payable on May 17, 2024Sahacogen (Chonburi) Public Company Limited at its AGM held on April 18, 2024, approved to pay the dividend payment from the Company's performance of 2023 at THB 0.05 per share for 1,163,695,652 shares in totaling THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2024, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 17, 2024.New Risk • Apr 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.61b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 50% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.61b market cap, or US$98.5m).お知らせ • Apr 03Sahacogen (Chonburi) Public Company Limited Resolves the Appointment of Nattachak Pattamasingh Na Ayuthaya as Independent Director and A Member of Audit CommitteeSahacogen (Chonburi) Public Company Limited announced that the Board of Directors Meeting held on March 20, 2024, resolved the appointment of Mr. Nattachak Pattamasingh Na Ayuthaya as a director (independent director) and a member of Audit Committee in replacement of Mr. Warawuth Chaipiriyapitak. The new director shall hold office for the remaining terms of the director he has replaced. Such resolution is effective from 1 April 2024 onwards. The Audit Committee are consisted of: Mr. Chinapat Visuttipat Chairman of the Audit Committee, Remaining term of office 2 months. Mr. Natapong Vanarat - Member of the Audit Committee, Remaining term of office 2 months. Mr. Nattachak Pattamasingh Na Ayuthaya - Member of the Audit Committee, Remaining term of office 2 months. The Secretary of the Audit Committee is Ms. Penpak Vongrakvanich.お知らせ • Mar 01Sahacogen (Chonburi) Public Company Limited Announces the Resignation of Warawuth Chaipiriyapitak as Director (Independent Director) and Member of the Audit Committee Effective from March 31, 2024Sahacogen (Chonburi) Public Company Limited informed that Mr. Warawuth Chaipiriyapitak had declared his intention to resign from his positions as a director (independent director) and a member of the Audit Committee effective from March 31, 2024 onwards.Declared Dividend • Feb 23Dividend of ฿0.05 announcedDividend of ฿0.05 is the same as last year. Ex-date: 30th April 2024 Payment date: 17th May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.お知らせ • Feb 22+ 1 more updateSahacogen (Chonburi) Public Company Limited, Annual General Meeting, Apr 18, 2024Sahacogen (Chonburi) Public Company Limited, Annual General Meeting, Apr 18, 2024, at 14:00 SE Asia Standard Time. Agenda: To adopt the minutes of the 21st Annual General of Shareholders' Meeting; to acknowledge the Board of Directors' report for the year 2023; to approve the Financial Statement for the year ended December 31, 2023; to approve the appropriation of profit and dividend payment; and to consider other matters.Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.079 (vs ฿0.20 loss in FY 2022)Full year 2023 results: EPS: ฿0.079 (up from ฿0.20 loss in FY 2022). Revenue: ฿5.11b (down 11% from FY 2022). Net income: ฿92.3m (up ฿326.1m from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Dec 15Sahacogen (Chonburi) Public Company Limited Announces Directorate changes, Effective from 1 January 2024Sahacogen (Chonburi) Public Company Limited announced that the Board of Directors' Meeting held on December 15, 2023, resolved to acknowledge the resignation of Mr. Udompong Chuntharumporn and to appoint the new director in replacement of the resigning director. The details are as follows.Appointed Ms. Suvimol Prataknukul as Company director in replacement of the resigning director and shall hold office the remaining terms of the director she has replaced. Appointed Ms. Suvimol Prataknukul as Managing Director, Executive Committee, Chairman of Sustainability Committee and Corporate Governance and Risk Management Committee. this regard, the appointment shall be effective from 1 January 2024 onwards.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.055 loss in 3Q 2022)Third quarter 2023 results: EPS: ฿0.02 (up from ฿0.055 loss in 3Q 2022). Revenue: ฿1.22b (down 25% from 3Q 2022). Net income: ฿23.6m (up ฿87.8m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 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.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.012 (vs ฿0.03 loss in 2Q 2022)Second quarter 2023 results: EPS: ฿0.012 (up from ฿0.03 loss in 2Q 2022). Revenue: ฿1.31b (up 2.3% from 2Q 2022). Net income: ฿14.2m (up ฿49.3m from 2Q 2022). Profit margin: 1.1% (up from net loss in 2Q 2022). 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 91 percentage points per year, which is a significant difference in performance.Reported Earnings • May 17First quarter 2023 earnings released: ฿0.012 loss per share (vs ฿0.047 loss in 1Q 2022)First quarter 2023 results: ฿0.012 loss per share (improved from ฿0.047 loss in 1Q 2022). Revenue: ฿1.43b (up 9.4% from 1Q 2022). Net loss: ฿13.7m (loss narrowed 75% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Apr 21Upcoming dividend of ฿0.05 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 19 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (1.6%).Reported Earnings • Feb 25Full year 2022 earnings released: ฿0.20 loss per share (vs ฿0.10 profit in FY 2021)Full year 2022 results: ฿0.20 loss per share (down from ฿0.10 profit in FY 2021). Revenue: ฿5.76b (up 36% from FY 2021). Net loss: ฿233.8m (down 330% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Nattapong Vanarat was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 14Second quarter 2022 earnings released: ฿0.03 loss per share (vs ฿0.034 profit in 2Q 2021)Second quarter 2022 results: ฿0.03 loss per share (down from ฿0.034 profit in 2Q 2021). Revenue: ฿1.29b (up 25% from 2Q 2021). Net loss: ฿35.1m (down 208% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2022 earnings released: ฿0.05 loss per share (vs ฿0.069 profit in 1Q 2021)First quarter 2022 results: ฿0.05 loss per share (down from ฿0.069 profit in 1Q 2021). Revenue: ฿1.31b (up 34% from 1Q 2021). Net loss: ฿54.9m (down 183% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Nattapong Vanarat was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Feb 22+ 1 more updateSahacogen (Chonburi) Public Company Limited Proposes Dividend, on May 20, 2022Sahacogen (Chonburi) Public Company Limited informed that the Board of Directors' Meeting No. 2/2022, which was held on February 21, 2022, had resolved the significant resolutions as: approved to propose to the 20th Annual General Meeting of Shareholders to consider the dividend payment for the year 2021 operating results at the rate of THB 0.061 per share from the total number 1,163,695,652 shares, in the amount of THB 70.99 million, representing 69.9% of the consolidated net profit attributable to the shareholders of the Company. This will be paid from the retained earnings in the year 2020 that are exempt from corporate income tax (BOI) in the amount of THB 70.99 million. The list of shareholders who are entitled to receive dividends will be determined on May 5, 2022 (Record date) and the dividend will be paid on May 20, 2022.Reported Earnings • Feb 22Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.11 (down from ฿0.11 in FY 2020). Revenue: ฿4.35b (up 9.5% from FY 2020). Net income: ฿101.6m (down 4.3% from FY 2020). Profit margin: 2.3% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Buying Opportunity • Jan 14Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be ฿7.53, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% per annum over the last 3 years. Earnings per share has declined by 16% per annum over the last 3 years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.067 (vs ฿0.047 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿1.21b (up 21% from 3Q 2020). Net income: ฿64.6m (up 45% from 3Q 2020). Profit margin: 5.4% (up from 4.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 27% share price gain to ฿6.85, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 21x in the Renewable Energy industry in Thailand. Total returns to shareholders of 59% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.032 (vs ฿0.021 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.03b (up 2.3% from 2Q 2020). Net income: ฿32.6m (up 63% from 2Q 2020). Profit margin: 3.2% (up from 2.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.011 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿979.8m (down 4.7% from 1Q 2020). Net income: ฿65.7m (up ฿54.9m from 1Q 2020). Profit margin: 6.7% (up from 1.1% in 1Q 2020). The increase in margin was driven by lower expenses. 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 5% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 29Upcoming dividend of ฿0.061 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 25 May 2021. Trailing yield: 1.6%. Lower than top quartile of Thai dividend payers (4.8%). Lower than average of industry peers (2.0%).お知らせ • Apr 27Sahacogen (Chonburi) Public Company Limited Approves Dividend for the Year 2020, Payable on May 25, 2021Sahacogen (Chonburi) Public Company Limited at its AGM held on April 26, 2021 approved that the statutory legal reserve had already been set aside, therefore no more reserve is needed this year and the dividend payment THB 0.061 per share, totaling THB 58.26 million or 54.89% of the year 2020 net profit attributable to equity holders of the Company's consolidated financial statements. The Record Date was set on May 6, 2021 to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 25, 2021.Executive Departure • Feb 26Company Secretary has left the companyOn the 24th of February, Pannee Chantavaralux's tenure as Company Secretary ended after 12.9 years in the role. We don't have any record of a personal shareholding under Pannee's name. A total of 3 executives have left over the last 12 months.お知らせ • Feb 24+ 2 more updatesSahacogen (Chonburi) Public Company Limited Announces Executive ChangesThe Board of Directors' Meeting of Sahacogen (Chonburi) Public Company Limited No. 2/2021 on February 23, 2021, passed the resolutions to acknowledge the resignation of Mrs. Pannee Chantavaralux from the Company Secretary and appoint Mr. Apipong Vischuveskamin as the Company Secretary, effective from February 24, 2021 onward.Reported Earnings • Feb 24Full year 2020 earnings released: EPS ฿0.11 (vs ฿0.13 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿3.98b (down 8.0% from FY 2019). Net income: ฿106.2m (down 17% from FY 2019). Profit margin: 2.7% (down from 2.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 05New 90-day high: ฿3.60The company is up 6.0% from its price of ฿3.40 on 06 November 2020. The Thai market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 13% over the same period.お知らせ • Jan 29Sahacogen (Chonburi) Public Company Limited Announces Resignation of Suthep Dansiriviroj as DirectorSahacogen (Chonburi) Public Company Limited announced that Mr. Suthep Dansiriviroj has resigned from the director. The resignation shall be effective from January 26, 2021 onwards.Executive Departure • Jan 28Executive Director has left the companyOn the 26th of January, Suthep Dansiriviroj's tenure as Executive Director ended after 7.2 years in the role. We don't have any record of a personal shareholding under Suthep's name. A total of 2 executives have left over the last 12 months.お知らせ • Dec 10Sahacogen (Chonburi) Public Company Limited Announces Executive ChangesThe Board of Directors of Sahacogen (Chonburi) Public Company Limited appointed Mr. Vorayos Thongtan as the Director to replace Mr. Atthakorn Glankwamdee, and he shall remain in his office during the term which the director he replaced was entitled, Mr. Vorayos Thongtan as the Managing Director to replace Mr. Viroj Theeravatvatee and Mr. Vichai Kulsomphob as the Chairman of Executive Board to replace Mr. Thirasak Vikitset with effect from January 1, 2021 at the meeting No. 7/2020 held on December 8, 2020.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS ฿0.05The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿998.0m (down 7.6% from 3Q 2019). Net income: ฿44.4m (up 5.8% from 3Q 2019). Profit margin: 4.5% (up from 3.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 06New 90-day low: ฿3.20The company is down 18% from its price of ฿3.92 on 08 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 20% over the same period.決済の安定と成長配当データの取得安定した配当: SCGの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: SCGの配当金支払額は過去10年間減少しています。配当利回り対市場Ratch Pathana Energy 配当利回り対市場SCG 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (SCG)2.2%市場下位25% (TH)3.5%市場トップ25% (TH)7.5%業界平均 (Renewable Energy)2.7%アナリスト予想 (SCG) (最長3年)n/a注目すべき配当: SCGの配当金 ( 2.17% ) はTH市場の配当金支払者の下位 25% ( 3.45% ) と比べると目立ったものではありません。高配当: SCGの配当金 ( 2.17% ) はTH市場の配当金支払者の上位 25% ( 7.46% ) と比較すると低いです。株主への利益配当収益カバレッジ: SCGは配当金を支払っていますが、会社は利益を上げていません。株主配当金キャッシュフローカバレッジ: SCGは低い 現金配当性向 ( 16.6% ) であるため、配当金の支払いはキャッシュフローによって十分にカバーされています。高配当企業の発掘7D1Y7D1Y7D1YTH 市場の強力な配当支払い企業。View Management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2026/05/09 07:14終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ratch Pathana Energy Public Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Apr 22Ratch Pathana Energy Public Company Limited Approves Omission of the Dividend Payment for the Year Ended December 31, 2025Ratch Pathana Energy Public Company Limited at the Annual General Meeting of Shareholders, held on April 21, 2026 approved that there is not legal reserve needed for this year and approve the omission of the dividend payment for the operating results of the year ended December 31, 2025.
お知らせ • Apr 23+ 1 more updateRatch Pathana Energy Public Company Limited Approves Dividend Payment from the Company's Performance of 2024, Payable on May 22, 2025Ratch Pathana Energy Public Company Limited at its AGM held on April 23, 2025, approved the dividend payment from the Company's performance of 2024 at THB 0.05 per share for 1,163,695,652 shares in totaling, amounting to THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2025, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 22, 2025.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 22 May 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (8.1%). Lower than average of industry peers (5.8%).
Declared Dividend • Feb 21Dividend of ฿0.05 announcedDividend of ฿0.05 is the same as last year. Ex-date: 30th April 2025 Payment date: 22nd May 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 426%. Cash payout ratio: Approximately 6x free cash flows.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (2.9%).
お知らせ • Apr 20Sahacogen (Chonburi) Public Company Limited Approves Dividend Payment for 2023, Payable on May 17, 2024Sahacogen (Chonburi) Public Company Limited at its AGM held on April 18, 2024, approved to pay the dividend payment from the Company's performance of 2023 at THB 0.05 per share for 1,163,695,652 shares in totaling THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2024, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 17, 2024.
お知らせ • Apr 22Ratch Pathana Energy Public Company Limited Approves Omission of the Dividend Payment for the Year Ended December 31, 2025Ratch Pathana Energy Public Company Limited at the Annual General Meeting of Shareholders, held on April 21, 2026 approved that there is not legal reserve needed for this year and approve the omission of the dividend payment for the operating results of the year ended December 31, 2025.
Reported Earnings • Feb 27Full year 2025 earnings released: ฿0.15 loss per share (vs ฿0.21 loss in FY 2024)Full year 2025 results: ฿0.15 loss per share (improved from ฿0.21 loss in FY 2024). Revenue: ฿3.14b (down 15% from FY 2024). Net loss: ฿171.7m (loss narrowed 29% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 27% 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 26Ratch Pathana Energy Public Company Limited, Annual General Meeting, Apr 21, 2026Ratch Pathana Energy Public Company Limited, Annual General Meeting, Apr 21, 2026, at 14:00 SE Asia Standard Time. Location: kingbridge hall room, 4th floor, kingbridge tower, 989 rama 3 road, bangpongpang, yannawa, bangkok 10120 Thailand
New Risk • Jan 28New 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 6.1% 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 Risks Interest payments are not well covered by earnings (0.2x net interest cover). Earnings have declined by 47% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).
Reported Earnings • Nov 08Third quarter 2025 earnings released: ฿0.008 loss per share (vs ฿0.019 loss in 3Q 2024)Third quarter 2025 results: ฿0.008 loss per share (improved from ฿0.019 loss in 3Q 2024). Revenue: ฿753.6m (down 9.6% from 3Q 2024). Net loss: ฿9.78m (loss narrowed 55% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings released: ฿0.059 loss per share (vs ฿0.004 profit in 2Q 2024)Second quarter 2025 results: ฿0.059 loss per share (down from ฿0.004 profit in 2Q 2024). Revenue: ฿874.6m (down 1.5% from 2Q 2024). Net loss: ฿68.4m (down ฿73.5m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
New Risk • Jul 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 10% 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 Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 41% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (฿3.14b market cap, or US$96.9m).
Reported Earnings • May 09First quarter 2025 earnings released: ฿0.017 loss per share (vs ฿0.032 loss in 1Q 2024)First quarter 2025 results: ฿0.017 loss per share (improved from ฿0.032 loss in 1Q 2024). Revenue: ฿784.9m (down 30% from 1Q 2024). Net loss: ฿20.3m (loss narrowed 46% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
お知らせ • Apr 23+ 1 more updateRatch Pathana Energy Public Company Limited Approves Dividend Payment from the Company's Performance of 2024, Payable on May 22, 2025Ratch Pathana Energy Public Company Limited at its AGM held on April 23, 2025, approved the dividend payment from the Company's performance of 2024 at THB 0.05 per share for 1,163,695,652 shares in totaling, amounting to THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2025, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 22, 2025.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2025. Payment date: 22 May 2025. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of Thai dividend payers (8.1%). Lower than average of industry peers (5.8%).
お知らせ • Mar 11Ratch Pathana Energy Public Company Limited Announces Term Expiration of Veera Srichanachaichok, as Independent Director and from Audit Committee, Effective April 24, 2025Ratch Pathana Energy Public Company Limited announced the term expiration of VEERA SRICHANACHAICHOK, as INDEPENDENT DIRECTOR and from AUDIT COMMITTEE. Expire Date is April 24, 2025. Terminate Reason: Retire from office at the end of the term.
New Risk • Mar 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.35b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿3.35b market cap, or US$99.4m).
Declared Dividend • Feb 21Dividend of ฿0.05 announcedDividend of ฿0.05 is the same as last year. Ex-date: 30th April 2025 Payment date: 22nd May 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.1%. Payout Ratios Payout ratio: 426%. Cash payout ratio: Approximately 6x free cash flows.
お知らせ • Feb 20+ 1 more updateRatch Pathana Energy Public Company Limited, Annual General Meeting, Apr 23, 2025Ratch Pathana Energy Public Company Limited, Annual General Meeting, Apr 23, 2025, at 14:00 SE Asia Standard Time. Location: physical meeting, the meeting venue will be notified by, march 11, 2025., Thailand
Reported Earnings • Feb 20Full year 2024 earnings released: ฿0.21 loss per share (vs ฿0.079 profit in FY 2023)Full year 2024 results: ฿0.21 loss per share (down from ฿0.079 profit in FY 2023). Revenue: ฿3.69b (down 28% from FY 2023). Net loss: ฿241.5m (down 362% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Jan 02Ratch Pathana Energy Public Company Limited Announces Chief Accountant ChangesRatch Pathana Energy Public Company Limited announced Chief Accountant changes. Mr. Wittaya Tachati: Position of Chief Accountant: Accounting Division Manager. Effective Date of Termination is 31December 2024. Miss Yupha Srisook: Position of Chief Accountant: Accounting Division Manager. Effective Date of Appointment is 01 January 2025.
Reported Earnings • Nov 14Third quarter 2024 earnings released: ฿0.019 loss per share (vs ฿0.02 profit in 3Q 2023)Third quarter 2024 results: ฿0.019 loss per share (down from ฿0.02 profit in 3Q 2023). Revenue: ฿833.7m (down 32% from 3Q 2023). Net loss: ฿21.8m (down 193% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Oct 28Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 6.4% to ฿3.66. The fair value is estimated to be ฿3.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Oct 12Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿3.66. The fair value is estimated to be ฿3.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.8% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.004 (vs ฿0.012 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.004 (down from ฿0.012 in 2Q 2023). Revenue: ฿888.0m (down 32% from 2Q 2023). Net income: ฿5.14m (down 64% from 2Q 2023). Profit margin: 0.6% (down from 1.1% in 2Q 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 6% per year, which means it has not declined as severely as earnings.
New Risk • Jun 21New 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 6.2% 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 Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 45% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results.
Reported Earnings • May 14First quarter 2024 earnings released: ฿0.032 loss per share (vs ฿0.012 loss in 1Q 2023)First quarter 2024 results: ฿0.032 loss per share (further deteriorated from ฿0.012 loss in 1Q 2023). Revenue: ฿1.12b (down 22% from 1Q 2023). Net loss: ฿37.8m (loss widened 176% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 27Ratch Pathana Energy Public Company Limited Announces Natapong Vanarat Intends to Resign as Independent Director and Member of Audit Committee, Effective from May 31, 2024 OnwardsRatch Pathana Energy Public Company Limited announced that Mr. Natapong Vanarat had declared his intention to resign from his positions as a director (independent director) and a member of the Audit Committee, effective from May 31, 2024 onwards. The Company will proceed with the recruitment of a new director to replace the vacant director position according to the Company's recruitment process. The Company will report the progress to The Stock Exchange of Thailand accordingly.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 30 April 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 63% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (2.9%).
お知らせ • Apr 23Choosri Kietkajornkul Intents to Resign from Her Positions as Director and Other Positions of Sahacogen (Chonburi) Public Company Limited, Effective May 13, 2024Sahacogen (Chonburi) Public Company Limited informed that Ms. Choosri Kietkajornkul had declared her intention to resign from her positions as a director and other positions, effective from May 13, 2024 onwards. The company will proceed with the recruitment of a new director to replace the vacant director position according to the Company's recruitment process.
お知らせ • Apr 20Sahacogen (Chonburi) Public Company Limited Approves Dividend Payment for 2023, Payable on May 17, 2024Sahacogen (Chonburi) Public Company Limited at its AGM held on April 18, 2024, approved to pay the dividend payment from the Company's performance of 2023 at THB 0.05 per share for 1,163,695,652 shares in totaling THB 58,184,783 million. The dividend payment is from retained earnings in the year 2021 which are from the business with Board of Investment (BOI) privileges exempted from income tax. The Record Date was set on May 2, 2024, to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 17, 2024.
New Risk • Apr 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.61b (US$98.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 50% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.61b market cap, or US$98.5m).
お知らせ • Apr 03Sahacogen (Chonburi) Public Company Limited Resolves the Appointment of Nattachak Pattamasingh Na Ayuthaya as Independent Director and A Member of Audit CommitteeSahacogen (Chonburi) Public Company Limited announced that the Board of Directors Meeting held on March 20, 2024, resolved the appointment of Mr. Nattachak Pattamasingh Na Ayuthaya as a director (independent director) and a member of Audit Committee in replacement of Mr. Warawuth Chaipiriyapitak. The new director shall hold office for the remaining terms of the director he has replaced. Such resolution is effective from 1 April 2024 onwards. The Audit Committee are consisted of: Mr. Chinapat Visuttipat Chairman of the Audit Committee, Remaining term of office 2 months. Mr. Natapong Vanarat - Member of the Audit Committee, Remaining term of office 2 months. Mr. Nattachak Pattamasingh Na Ayuthaya - Member of the Audit Committee, Remaining term of office 2 months. The Secretary of the Audit Committee is Ms. Penpak Vongrakvanich.
お知らせ • Mar 01Sahacogen (Chonburi) Public Company Limited Announces the Resignation of Warawuth Chaipiriyapitak as Director (Independent Director) and Member of the Audit Committee Effective from March 31, 2024Sahacogen (Chonburi) Public Company Limited informed that Mr. Warawuth Chaipiriyapitak had declared his intention to resign from his positions as a director (independent director) and a member of the Audit Committee effective from March 31, 2024 onwards.
Declared Dividend • Feb 23Dividend of ฿0.05 announcedDividend of ฿0.05 is the same as last year. Ex-date: 30th April 2024 Payment date: 17th May 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
お知らせ • Feb 22+ 1 more updateSahacogen (Chonburi) Public Company Limited, Annual General Meeting, Apr 18, 2024Sahacogen (Chonburi) Public Company Limited, Annual General Meeting, Apr 18, 2024, at 14:00 SE Asia Standard Time. Agenda: To adopt the minutes of the 21st Annual General of Shareholders' Meeting; to acknowledge the Board of Directors' report for the year 2023; to approve the Financial Statement for the year ended December 31, 2023; to approve the appropriation of profit and dividend payment; and to consider other matters.
Reported Earnings • Feb 22Full year 2023 earnings released: EPS: ฿0.079 (vs ฿0.20 loss in FY 2022)Full year 2023 results: EPS: ฿0.079 (up from ฿0.20 loss in FY 2022). Revenue: ฿5.11b (down 11% from FY 2022). Net income: ฿92.3m (up ฿326.1m from FY 2022). Profit margin: 1.8% (up from net loss in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Dec 15Sahacogen (Chonburi) Public Company Limited Announces Directorate changes, Effective from 1 January 2024Sahacogen (Chonburi) Public Company Limited announced that the Board of Directors' Meeting held on December 15, 2023, resolved to acknowledge the resignation of Mr. Udompong Chuntharumporn and to appoint the new director in replacement of the resigning director. The details are as follows.Appointed Ms. Suvimol Prataknukul as Company director in replacement of the resigning director and shall hold office the remaining terms of the director she has replaced. Appointed Ms. Suvimol Prataknukul as Managing Director, Executive Committee, Chairman of Sustainability Committee and Corporate Governance and Risk Management Committee. this regard, the appointment shall be effective from 1 January 2024 onwards.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.055 loss in 3Q 2022)Third quarter 2023 results: EPS: ฿0.02 (up from ฿0.055 loss in 3Q 2022). Revenue: ฿1.22b (down 25% from 3Q 2022). Net income: ฿23.6m (up ฿87.8m from 3Q 2022). Profit margin: 1.9% (up from net loss in 3Q 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.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.012 (vs ฿0.03 loss in 2Q 2022)Second quarter 2023 results: EPS: ฿0.012 (up from ฿0.03 loss in 2Q 2022). Revenue: ฿1.31b (up 2.3% from 2Q 2022). Net income: ฿14.2m (up ฿49.3m from 2Q 2022). Profit margin: 1.1% (up from net loss in 2Q 2022). 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 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 17First quarter 2023 earnings released: ฿0.012 loss per share (vs ฿0.047 loss in 1Q 2022)First quarter 2023 results: ฿0.012 loss per share (improved from ฿0.047 loss in 1Q 2022). Revenue: ฿1.43b (up 9.4% from 1Q 2022). Net loss: ฿13.7m (loss narrowed 75% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Apr 21Upcoming dividend of ฿0.05 per share at 1.1% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 19 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (1.6%).
Reported Earnings • Feb 25Full year 2022 earnings released: ฿0.20 loss per share (vs ฿0.10 profit in FY 2021)Full year 2022 results: ฿0.20 loss per share (down from ฿0.10 profit in FY 2021). Revenue: ฿5.76b (up 36% from FY 2021). Net loss: ฿233.8m (down 330% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Board Change • Nov 16Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Nattapong Vanarat was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 14Second quarter 2022 earnings released: ฿0.03 loss per share (vs ฿0.034 profit in 2Q 2021)Second quarter 2022 results: ฿0.03 loss per share (down from ฿0.034 profit in 2Q 2021). Revenue: ฿1.29b (up 25% from 2Q 2021). Net loss: ฿35.1m (down 208% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2022 earnings released: ฿0.05 loss per share (vs ฿0.069 profit in 1Q 2021)First quarter 2022 results: ฿0.05 loss per share (down from ฿0.069 profit in 1Q 2021). Revenue: ฿1.31b (up 34% from 1Q 2021). Net loss: ฿54.9m (down 183% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentThere are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Nattapong Vanarat was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Feb 22+ 1 more updateSahacogen (Chonburi) Public Company Limited Proposes Dividend, on May 20, 2022Sahacogen (Chonburi) Public Company Limited informed that the Board of Directors' Meeting No. 2/2022, which was held on February 21, 2022, had resolved the significant resolutions as: approved to propose to the 20th Annual General Meeting of Shareholders to consider the dividend payment for the year 2021 operating results at the rate of THB 0.061 per share from the total number 1,163,695,652 shares, in the amount of THB 70.99 million, representing 69.9% of the consolidated net profit attributable to the shareholders of the Company. This will be paid from the retained earnings in the year 2020 that are exempt from corporate income tax (BOI) in the amount of THB 70.99 million. The list of shareholders who are entitled to receive dividends will be determined on May 5, 2022 (Record date) and the dividend will be paid on May 20, 2022.
Reported Earnings • Feb 22Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.11 (down from ฿0.11 in FY 2020). Revenue: ฿4.35b (up 9.5% from FY 2020). Net income: ฿101.6m (down 4.3% from FY 2020). Profit margin: 2.3% (down from 2.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Buying Opportunity • Jan 14Now 21% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be ฿7.53, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% per annum over the last 3 years. Earnings per share has declined by 16% per annum over the last 3 years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.067 (vs ฿0.047 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿1.21b (up 21% from 3Q 2020). Net income: ฿64.6m (up 45% from 3Q 2020). Profit margin: 5.4% (up from 4.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment improved over the past weekAfter last week's 27% share price gain to ฿6.85, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 21x in the Renewable Energy industry in Thailand. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.032 (vs ฿0.021 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.03b (up 2.3% from 2Q 2020). Net income: ฿32.6m (up 63% from 2Q 2020). Profit margin: 3.2% (up from 2.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 13First quarter 2021 earnings released: EPS ฿0.07 (vs ฿0.011 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿979.8m (down 4.7% from 1Q 2020). Net income: ฿65.7m (up ฿54.9m from 1Q 2020). Profit margin: 6.7% (up from 1.1% in 1Q 2020). The increase in margin was driven by lower expenses. 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 5% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.061 per shareEligible shareholders must have bought the stock before 05 May 2021. Payment date: 25 May 2021. Trailing yield: 1.6%. Lower than top quartile of Thai dividend payers (4.8%). Lower than average of industry peers (2.0%).
お知らせ • Apr 27Sahacogen (Chonburi) Public Company Limited Approves Dividend for the Year 2020, Payable on May 25, 2021Sahacogen (Chonburi) Public Company Limited at its AGM held on April 26, 2021 approved that the statutory legal reserve had already been set aside, therefore no more reserve is needed this year and the dividend payment THB 0.061 per share, totaling THB 58.26 million or 54.89% of the year 2020 net profit attributable to equity holders of the Company's consolidated financial statements. The Record Date was set on May 6, 2021 to determine the list of the shareholders who are entitled to receive dividend. The dividend will be paid on May 25, 2021.
Executive Departure • Feb 26Company Secretary has left the companyOn the 24th of February, Pannee Chantavaralux's tenure as Company Secretary ended after 12.9 years in the role. We don't have any record of a personal shareholding under Pannee's name. A total of 3 executives have left over the last 12 months.
お知らせ • Feb 24+ 2 more updatesSahacogen (Chonburi) Public Company Limited Announces Executive ChangesThe Board of Directors' Meeting of Sahacogen (Chonburi) Public Company Limited No. 2/2021 on February 23, 2021, passed the resolutions to acknowledge the resignation of Mrs. Pannee Chantavaralux from the Company Secretary and appoint Mr. Apipong Vischuveskamin as the Company Secretary, effective from February 24, 2021 onward.
Reported Earnings • Feb 24Full year 2020 earnings released: EPS ฿0.11 (vs ฿0.13 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿3.98b (down 8.0% from FY 2019). Net income: ฿106.2m (down 17% from FY 2019). Profit margin: 2.7% (down from 2.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 05New 90-day high: ฿3.60The company is up 6.0% from its price of ฿3.40 on 06 November 2020. The Thai market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 13% over the same period.
お知らせ • Jan 29Sahacogen (Chonburi) Public Company Limited Announces Resignation of Suthep Dansiriviroj as DirectorSahacogen (Chonburi) Public Company Limited announced that Mr. Suthep Dansiriviroj has resigned from the director. The resignation shall be effective from January 26, 2021 onwards.
Executive Departure • Jan 28Executive Director has left the companyOn the 26th of January, Suthep Dansiriviroj's tenure as Executive Director ended after 7.2 years in the role. We don't have any record of a personal shareholding under Suthep's name. A total of 2 executives have left over the last 12 months.
お知らせ • Dec 10Sahacogen (Chonburi) Public Company Limited Announces Executive ChangesThe Board of Directors of Sahacogen (Chonburi) Public Company Limited appointed Mr. Vorayos Thongtan as the Director to replace Mr. Atthakorn Glankwamdee, and he shall remain in his office during the term which the director he replaced was entitled, Mr. Vorayos Thongtan as the Managing Director to replace Mr. Viroj Theeravatvatee and Mr. Vichai Kulsomphob as the Chairman of Executive Board to replace Mr. Thirasak Vikitset with effect from January 1, 2021 at the meeting No. 7/2020 held on December 8, 2020.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS ฿0.05The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿998.0m (down 7.6% from 3Q 2019). Net income: ฿44.4m (up 5.8% from 3Q 2019). Profit margin: 4.5% (up from 3.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 06New 90-day low: ฿3.20The company is down 18% from its price of ฿3.92 on 08 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Renewable Energy industry, which is down 20% over the same period.