View Future GrowthWindow Asia 과거 순이익 실적과거 기준 점검 1/6Window Asia의 수입은 연평균 -16.4%의 비율로 감소해 온 반면, Building 산업은 수입이 연평균 3.6% 감소했습니다. 매출은 연평균 2.7%의 비율로 감소해 왔습니다. Window Asia의 자기자본이익률은 3.6%이고 순이익률은 4.7%입니다.핵심 정보-16.44%순이익 성장률-33.47%주당순이익(EPS) 성장률Building 산업 성장률26.93%매출 성장률-2.70%자기자본이익률3.64%순이익률4.68%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 14First quarter 2026 earnings released: EPS: ฿0.013 (vs ฿0.015 in 1Q 2025)First quarter 2026 results: EPS: ฿0.013 (down from ฿0.015 in 1Q 2025). Revenue: ฿198.6m (down 1.8% from 1Q 2025). Net income: ฿11.9m (down 13% from 1Q 2025). Profit margin: 6.0% (down from 6.8% in 1Q 2025).Reported Earnings • Feb 28Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.059 in FY 2024)Full year 2025 results: EPS: ฿0.04 (down from ฿0.059 in FY 2024). Revenue: ฿717.5m (down 6.7% from FY 2024). Net income: ฿35.2m (down 33% from FY 2024). Profit margin: 4.9% (down from 6.9% in FY 2024). The decrease in margin was driven by lower revenue.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.001 (up from ฿0.005 loss in 3Q 2024). Revenue: ฿157.9m (up 7.5% from 3Q 2024). Net income: ฿540.0k (up ฿4.71m from 3Q 2024). Profit margin: 0.3% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue.공시 • Aug 15Window Asia Public Company Limited to Report First Half, 2025 Results on Aug 13, 2025Window Asia Public Company Limited announced that they will report first half, 2025 results on Aug 13, 2025Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 2Q 2024). Revenue: ฿194.8m (down 12% from 2Q 2024). Net income: ฿14.8m (down 40% from 2Q 2024). Profit margin: 7.6% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 1Q 2024). Revenue: ฿202.3m (down 15% from 1Q 2024). Net income: ฿13.7m (down 44% from 1Q 2024). Profit margin: 6.8% (down from 10% in 1Q 2024). The decrease in margin was driven by lower revenue.모든 업데이트 보기Recent updatesReported Earnings • May 14First quarter 2026 earnings released: EPS: ฿0.013 (vs ฿0.015 in 1Q 2025)First quarter 2026 results: EPS: ฿0.013 (down from ฿0.015 in 1Q 2025). Revenue: ฿198.6m (down 1.8% from 1Q 2025). Net income: ฿11.9m (down 13% from 1Q 2025). Profit margin: 6.0% (down from 6.8% in 1Q 2025).Upcoming Dividend • May 06Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 28 May 2026. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (6.6%).Reported Earnings • Feb 28Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.059 in FY 2024)Full year 2025 results: EPS: ฿0.04 (down from ฿0.059 in FY 2024). Revenue: ฿717.5m (down 6.7% from FY 2024). Net income: ฿35.2m (down 33% from FY 2024). Profit margin: 4.9% (down from 6.9% in FY 2024). The decrease in margin was driven by lower revenue.공시 • Feb 26Window Asia Public Company Limited Proposes Cash Dividend for the Period January 1, 2025 to December 31, 2025, Payable on May 28, 2026Window Asia Public Company Limited proposed Cash dividend payment of THB 0.03 per share. Shareholder's meeting date: April 30, 2026. Record date for the right to receive dividends: May 14, 2026; Ex-dividend date: May 13, 2026; Payment date: May 28, 2026; Paid from Operating period from January 1, 2025 to December 31, 2025.공시 • Feb 25Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2026Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2026, at 10:00 SE Asia Standard Time. Location: grande centre point surawong, Thailand공시 • Jan 08Window Asia Public Company Limited Announces Resignation of Dumrongsak Apikansakulchai as Audit Committee Member and Independent Director, Effective January 1, 2026Window Asia Public Company Limited announced that Mr. Dumrongsak Apikansakulchai has submitted his resignation from the position of Audit Committee Member and Independent Director of the Company due to personal obligations. The resignation will be effective from January 1, 2026 onwards. The Nomination and Remuneration Committee will recruit a qualified individual, which will present the candidate to the Board of Directors for approval. The Company will further notify the Stock Exchange of Thailand and investors later.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.001 (up from ฿0.005 loss in 3Q 2024). Revenue: ฿157.9m (up 7.5% from 3Q 2024). Net income: ฿540.0k (up ฿4.71m from 3Q 2024). Profit margin: 0.3% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue.공시 • Aug 15Window Asia Public Company Limited to Report First Half, 2025 Results on Aug 13, 2025Window Asia Public Company Limited announced that they will report first half, 2025 results on Aug 13, 2025Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 2Q 2024). Revenue: ฿194.8m (down 12% from 2Q 2024). Net income: ฿14.8m (down 40% from 2Q 2024). Profit margin: 7.6% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue.New Risk • May 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 17% over the past year. Minor Risk Market cap is less than US$100m (฿879.1m market cap, or US$26.9m).Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 1Q 2024). Revenue: ฿202.3m (down 15% from 1Q 2024). Net income: ฿13.7m (down 44% from 1Q 2024). Profit margin: 6.8% (down from 10% in 1Q 2024). The decrease in margin was driven by lower revenue.Upcoming Dividend • May 07Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 14 May 2025. Payment date: 28 May 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (8.0%). Lower than average of industry peers (5.1%).New Risk • Mar 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 7.5% 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: Major Risk Revenue has declined by 14% over the past year. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (฿790.3m market cap, or US$23.4m).Reported Earnings • Feb 23Full year 2024 earnings released: EPS: ฿0.06 (vs ฿0.031 in FY 2023)Full year 2024 results: EPS: ฿0.06 (up from ฿0.031 in FY 2023). Revenue: ฿768.7m (down 14% from FY 2023). Net income: ฿52.8m (up 145% from FY 2023). Profit margin: 6.9% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses.공시 • Feb 23Window Asia Public Company Limited Proposes Dividend for the Operating Period from 1 January 2024 to 31 December 2024, Payable on 28 May 2025Window Asia Public Company Limited proposed the dividend of THB 0.03 per share for the Operating Period from 1 January 2024 to 31 December 2024, Payable on 28 May 2025. Par value: THB 0.50. Ex-dividend date: 14 May 2025. Record date for the right to receive dividends: 15 May 2025.공시 • Feb 21Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2025Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2025, at 10:00 SE Asia Standard Time. Location: grande centre point lumpini hotel, Thailand공시 • Jan 23Window Asia Public Company Limited Approves Appointment of Nimit Treera-Anunt as Independent Director, Chairman of the Audit Committee, Member of Nomination and Remuneration CommitteeWindow Asia Public Company Limited announced that at its board meeting held on 23 January 2025, the board of directors passed the following resolutions: appointment of Mr. Nimit Treera-anunt to be the Audit Committee Member, Nomination and Remuneration Committee and Independent Director of the Company, with effect from 23 January 2025; appointment of Mr. Nimit Treera-anunt to be Chairman of the Audit Committee Member, with effect from 23 January 2025. The composition of the Audit Committee is as follows: Mr. Nimit Treera-anunt, Chairman of the Audit Committee Member; Mr. Apirum Panyapol, Audit Committee Member; Mr. Dumrongsak Apikansakulchai, Audit Committee Member.New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 127% Dividend yield: 2.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 7.3% over the past year. Minor Risks Less than 3 years of financial data is available. Dividend is not well covered by cash flows (127% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (฿870.2m market cap, or US$25.3m).Buy Or Sell Opportunity • Jul 10Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to ฿1.21. The fair value is estimated to be ฿0.99, 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 year. Earnings per share has declined by 52%.Buy Or Sell Opportunity • Jul 01Now 16% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿1.14. The fair value is estimated to be ฿0.98, 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 year. Earnings per share has declined by 52%.Buy Or Sell Opportunity • Jun 26Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to ฿1.24. The fair value is estimated to be ฿0.98, 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 year. Earnings per share has declined by 52%.Buy Or Sell Opportunity • Jun 10Now 20% overvaluedOver the last 90 days, the stock has fallen 5.6% to ฿1.17. The fair value is estimated to be ฿0.97, 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 year. Earnings per share has declined by 52%.공시 • Apr 10Window Asia Public Company Limited Announces Directorate AppointmentsWindow Asia Public Company Limited announced that at the Annual General Meeting of Shareholders for the year 2024, held on April 9, 2024 approved the election of Mrs. Siriporn Rattanasirivilai and Ms. Patinun Tuntivasin as directors to replace the directors who retire by rotation for the year 2024.Buy Or Sell Opportunity • Mar 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 9.7% to ฿1.24. The fair value is estimated to be ฿1.03, 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 year. Earnings per share has declined by 74%.공시 • Mar 03Window Asia Public Company Limited, Annual General Meeting, Apr 09, 2024Window Asia Public Company Limited, Annual General Meeting, Apr 09, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider the matter announced by the Chairman; to consider certify the Minutes of Extraordinary Annual General Meeting of Shareholders No. 1/2023 held on 9 August 2023; to consider the Company's operating results and the Annual Report for the year 2023; to consider and approve the Company for the year ended 31 December 2023; to consider and approve the appropriation of profit as legal reserve and the dividend payment for the year 2023.공시 • Mar 01Window Asia Public Company Limited Proposes Dividend for the Year 2023, Payable on 9 May 2024Window Asia Public Company Limited announced that at its board meeting held on 28 February 2024, resolved to approve significant matters as follows: Approve the dividend payment from operating results of the year 2023 at the rate of THB 0.023 per share for the existing shares of 888,000,000 shares, totaling of THB 20,424,000. The record date to determine the eligible shareholders for the dividend is on 23 April 2024 and the dividend payment date will be on 9 May 2024. However, the right to receive such dividend is subject to the approval of the 2024 Annual General Meeting of Shareholders.Board Change • Oct 26No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Window Asia가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SET:WINDOW 매출, 비용 및 순이익 (THB Millions)날짜매출순이익일반관리비연구개발비31 Mar 2671433177031 Dec 2571735174030 Sep 2571937165030 Jun 2570832165031 Mar 2573442164031 Dec 2476953168030 Sep 2476412183030 Jun 2482929186031 Mar 2488135190031 Dec 2389022192031 Dec 22897751600양질의 수익: WINDOW는 고품질 수익을 보유하고 있습니다.이익 마진 증가: WINDOW의 현재 순 이익률 (4.7%)은 지난해 (5.7%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: WINDOW의 수익은 지난 5년 동안 연평균 16.4% 감소했습니다.성장 가속화: WINDOW은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: WINDOW은 지난 1년 동안 수익이 감소(-20.5%)하여 Building 업계 평균(-17.6%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: WINDOW의 자본 수익률(3.6%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 20:02종가2026/06/10 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Window Asia Public Company Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: ฿0.013 (vs ฿0.015 in 1Q 2025)First quarter 2026 results: EPS: ฿0.013 (down from ฿0.015 in 1Q 2025). Revenue: ฿198.6m (down 1.8% from 1Q 2025). Net income: ฿11.9m (down 13% from 1Q 2025). Profit margin: 6.0% (down from 6.8% in 1Q 2025).
Reported Earnings • Feb 28Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.059 in FY 2024)Full year 2025 results: EPS: ฿0.04 (down from ฿0.059 in FY 2024). Revenue: ฿717.5m (down 6.7% from FY 2024). Net income: ฿35.2m (down 33% from FY 2024). Profit margin: 4.9% (down from 6.9% in FY 2024). The decrease in margin was driven by lower revenue.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.001 (up from ฿0.005 loss in 3Q 2024). Revenue: ฿157.9m (up 7.5% from 3Q 2024). Net income: ฿540.0k (up ฿4.71m from 3Q 2024). Profit margin: 0.3% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue.
공시 • Aug 15Window Asia Public Company Limited to Report First Half, 2025 Results on Aug 13, 2025Window Asia Public Company Limited announced that they will report first half, 2025 results on Aug 13, 2025
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 2Q 2024). Revenue: ฿194.8m (down 12% from 2Q 2024). Net income: ฿14.8m (down 40% from 2Q 2024). Profit margin: 7.6% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 1Q 2024). Revenue: ฿202.3m (down 15% from 1Q 2024). Net income: ฿13.7m (down 44% from 1Q 2024). Profit margin: 6.8% (down from 10% in 1Q 2024). The decrease in margin was driven by lower revenue.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: ฿0.013 (vs ฿0.015 in 1Q 2025)First quarter 2026 results: EPS: ฿0.013 (down from ฿0.015 in 1Q 2025). Revenue: ฿198.6m (down 1.8% from 1Q 2025). Net income: ฿11.9m (down 13% from 1Q 2025). Profit margin: 6.0% (down from 6.8% in 1Q 2025).
Upcoming Dividend • May 06Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 13 May 2026. Payment date: 28 May 2026. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (6.6%).
Reported Earnings • Feb 28Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.059 in FY 2024)Full year 2025 results: EPS: ฿0.04 (down from ฿0.059 in FY 2024). Revenue: ฿717.5m (down 6.7% from FY 2024). Net income: ฿35.2m (down 33% from FY 2024). Profit margin: 4.9% (down from 6.9% in FY 2024). The decrease in margin was driven by lower revenue.
공시 • Feb 26Window Asia Public Company Limited Proposes Cash Dividend for the Period January 1, 2025 to December 31, 2025, Payable on May 28, 2026Window Asia Public Company Limited proposed Cash dividend payment of THB 0.03 per share. Shareholder's meeting date: April 30, 2026. Record date for the right to receive dividends: May 14, 2026; Ex-dividend date: May 13, 2026; Payment date: May 28, 2026; Paid from Operating period from January 1, 2025 to December 31, 2025.
공시 • Feb 25Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2026Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2026, at 10:00 SE Asia Standard Time. Location: grande centre point surawong, Thailand
공시 • Jan 08Window Asia Public Company Limited Announces Resignation of Dumrongsak Apikansakulchai as Audit Committee Member and Independent Director, Effective January 1, 2026Window Asia Public Company Limited announced that Mr. Dumrongsak Apikansakulchai has submitted his resignation from the position of Audit Committee Member and Independent Director of the Company due to personal obligations. The resignation will be effective from January 1, 2026 onwards. The Nomination and Remuneration Committee will recruit a qualified individual, which will present the candidate to the Board of Directors for approval. The Company will further notify the Stock Exchange of Thailand and investors later.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 loss in 3Q 2024)Third quarter 2025 results: EPS: ฿0.001 (up from ฿0.005 loss in 3Q 2024). Revenue: ฿157.9m (up 7.5% from 3Q 2024). Net income: ฿540.0k (up ฿4.71m from 3Q 2024). Profit margin: 0.3% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue.
공시 • Aug 15Window Asia Public Company Limited to Report First Half, 2025 Results on Aug 13, 2025Window Asia Public Company Limited announced that they will report first half, 2025 results on Aug 13, 2025
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 2Q 2024). Revenue: ฿194.8m (down 12% from 2Q 2024). Net income: ฿14.8m (down 40% from 2Q 2024). Profit margin: 7.6% (down from 11% in 2Q 2024). The decrease in margin was driven by lower revenue.
New Risk • May 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 17% over the past year. Minor Risk Market cap is less than US$100m (฿879.1m market cap, or US$26.9m).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.02 (vs ฿0.028 in 1Q 2024)First quarter 2025 results: EPS: ฿0.02 (down from ฿0.028 in 1Q 2024). Revenue: ฿202.3m (down 15% from 1Q 2024). Net income: ฿13.7m (down 44% from 1Q 2024). Profit margin: 6.8% (down from 10% in 1Q 2024). The decrease in margin was driven by lower revenue.
Upcoming Dividend • May 07Upcoming dividend of ฿0.03 per shareEligible shareholders must have bought the stock before 14 May 2025. Payment date: 28 May 2025. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (8.0%). Lower than average of industry peers (5.1%).
New Risk • Mar 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 7.5% 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: Major Risk Revenue has declined by 14% over the past year. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (฿790.3m market cap, or US$23.4m).
Reported Earnings • Feb 23Full year 2024 earnings released: EPS: ฿0.06 (vs ฿0.031 in FY 2023)Full year 2024 results: EPS: ฿0.06 (up from ฿0.031 in FY 2023). Revenue: ฿768.7m (down 14% from FY 2023). Net income: ฿52.8m (up 145% from FY 2023). Profit margin: 6.9% (up from 2.4% in FY 2023). The increase in margin was driven by lower expenses.
공시 • Feb 23Window Asia Public Company Limited Proposes Dividend for the Operating Period from 1 January 2024 to 31 December 2024, Payable on 28 May 2025Window Asia Public Company Limited proposed the dividend of THB 0.03 per share for the Operating Period from 1 January 2024 to 31 December 2024, Payable on 28 May 2025. Par value: THB 0.50. Ex-dividend date: 14 May 2025. Record date for the right to receive dividends: 15 May 2025.
공시 • Feb 21Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2025Window Asia Public Company Limited, Annual General Meeting, Apr 30, 2025, at 10:00 SE Asia Standard Time. Location: grande centre point lumpini hotel, Thailand
공시 • Jan 23Window Asia Public Company Limited Approves Appointment of Nimit Treera-Anunt as Independent Director, Chairman of the Audit Committee, Member of Nomination and Remuneration CommitteeWindow Asia Public Company Limited announced that at its board meeting held on 23 January 2025, the board of directors passed the following resolutions: appointment of Mr. Nimit Treera-anunt to be the Audit Committee Member, Nomination and Remuneration Committee and Independent Director of the Company, with effect from 23 January 2025; appointment of Mr. Nimit Treera-anunt to be Chairman of the Audit Committee Member, with effect from 23 January 2025. The composition of the Audit Committee is as follows: Mr. Nimit Treera-anunt, Chairman of the Audit Committee Member; Mr. Apirum Panyapol, Audit Committee Member; Mr. Dumrongsak Apikansakulchai, Audit Committee Member.
New Risk • Nov 07New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 127% Dividend yield: 2.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Revenue has declined by 7.3% over the past year. Minor Risks Less than 3 years of financial data is available. Dividend is not well covered by cash flows (127% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (฿870.2m market cap, or US$25.3m).
Buy Or Sell Opportunity • Jul 10Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 9.0% to ฿1.21. The fair value is estimated to be ฿0.99, 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 year. Earnings per share has declined by 52%.
Buy Or Sell Opportunity • Jul 01Now 16% overvaluedThe stock has been flat over the last 90 days, currently trading at ฿1.14. The fair value is estimated to be ฿0.98, 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 year. Earnings per share has declined by 52%.
Buy Or Sell Opportunity • Jun 26Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to ฿1.24. The fair value is estimated to be ฿0.98, 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 year. Earnings per share has declined by 52%.
Buy Or Sell Opportunity • Jun 10Now 20% overvaluedOver the last 90 days, the stock has fallen 5.6% to ฿1.17. The fair value is estimated to be ฿0.97, 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 year. Earnings per share has declined by 52%.
공시 • Apr 10Window Asia Public Company Limited Announces Directorate AppointmentsWindow Asia Public Company Limited announced that at the Annual General Meeting of Shareholders for the year 2024, held on April 9, 2024 approved the election of Mrs. Siriporn Rattanasirivilai and Ms. Patinun Tuntivasin as directors to replace the directors who retire by rotation for the year 2024.
Buy Or Sell Opportunity • Mar 08Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 9.7% to ฿1.24. The fair value is estimated to be ฿1.03, 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 year. Earnings per share has declined by 74%.
공시 • Mar 03Window Asia Public Company Limited, Annual General Meeting, Apr 09, 2024Window Asia Public Company Limited, Annual General Meeting, Apr 09, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider the matter announced by the Chairman; to consider certify the Minutes of Extraordinary Annual General Meeting of Shareholders No. 1/2023 held on 9 August 2023; to consider the Company's operating results and the Annual Report for the year 2023; to consider and approve the Company for the year ended 31 December 2023; to consider and approve the appropriation of profit as legal reserve and the dividend payment for the year 2023.
공시 • Mar 01Window Asia Public Company Limited Proposes Dividend for the Year 2023, Payable on 9 May 2024Window Asia Public Company Limited announced that at its board meeting held on 28 February 2024, resolved to approve significant matters as follows: Approve the dividend payment from operating results of the year 2023 at the rate of THB 0.023 per share for the existing shares of 888,000,000 shares, totaling of THB 20,424,000. The record date to determine the eligible shareholders for the dividend is on 23 April 2024 and the dividend payment date will be on 9 May 2024. However, the right to receive such dividend is subject to the approval of the 2024 Annual General Meeting of Shareholders.
Board Change • Oct 26No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. was the last director to join the board, commencing their role in . The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.