View Financial HealthWarrix Sport 배당 및 자사주 매입배당 기준 점검 1/6Warrix Sport 은(는) 현재 수익률이 3.56% 인 배당금 지급 회사입니다. 다음 지급일은 18th May, 2026 이며 배당락일은 다음과 같습니다. 17th March, 2026.핵심 정보3.6%배당 수익률0%자사주 매입 수익률총 주주 수익률3.6%미래 배당 수익률6.3%배당 성장률-0.9%다음 배당 지급일18 May 26배당락일17 Mar 26주당 배당금n/a배당 성향121%최근 배당 및 자사주 매입 업데이트공지 • Feb 28Warrix Sport Public Company Limited announces Annual dividend, payable on May 18, 2026Warrix Sport Public Company Limited announced Annual dividend of THB 0.0563 per share payable on May 18, 2026, ex-date on March 17, 2026 and record date on March 18, 2026.공지 • Apr 26Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025W Warrix Sport Public Company Limited at its AGM held on 25 April 2025, approved to pay the dividend to the shareholders from the Company' s operating results (starting from 1 January 2024 to 31 December 2024) at the rate of THB 0.2206 per share, for 589,080,000 shares, totaling to THB 129,951,048. The dividend will be paid to the shareholders whose names appear in the Company's share register book on 20 March 2025 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 14 May 2025.Declared Dividend • Mar 02Dividend increased to ฿0.22Dividend of ฿0.22 is 115% higher than last year. Ex-date: 19th March 2025 Payment date: 14th May 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공지 • Mar 01Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025Warrix Sport Public Company Limited at its board meeting held on February 28, 2025, approved a proposal to pay a dividend for the Operating period from 01 January 2024 to 31 December 2024. The dividend payment is set at THB 0.2206 per share for 589,080,000 shares, totaling THB 129,951,048. The dividend will be paid to shareholders whose names appear in the Company's share register book on March 20, 2025, with the payment date set for May 14, 2025. The dividend payment is subject to approval at the Annual General Meeting of Shareholders to be held on April 25, 2025. Ex-dividend date is 19 March 2025.공지 • Apr 27Warrix Sport Public Company Limited Approves Dividend Payment for the Year Ended December 31, 2023, Payable on May 10, 2024Warrix Sport Public Company Limited at its Annual General Meeting of Shareholders held on April 26, 2024, approved to pay the dividend to the shareholders from the Company's operating results (starting from 1 January 2023 to 31 December 2023) at the rate of THB 0.1025 (one zero two five satang) per share, for 589,080,000 shares (five hundred eighty nine million eighty thousand shares), totaling to THB 60,380,700 (sixty million three hundred eighty thousand seven hundred baht). The dividend will be paid to the shareholders whose names appear in the Company's share register book on 14 March 2024 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 10 May 2024.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (6.3%). In line with average of industry peers (4.0%).모든 업데이트 보기Recent updates공지 • Mar 06Warrix Sport Public Company Limited Announces Board Changes, Effective February 26, 2026Warrix Sport Public Company Limited announced that Assoc. Prof. Dr. Pasu Decharin, Chairman of the Board of Directors had declared his intention to resign from his position as a Chairman of the Board of Directors, Independent Director and all other positions in the Company's Sub-Committees due to other responsibilities. The resignation is effective from 25 February 2026 onward. The Board of Director's Meeting No. 1/2026, which was held on February 26, 2026, has the resolutions as follows: accept the resignation from the position of Chairman of the Board of Directors, Independent Director and all other positions in the Company's Sub-Committees of Assoc. Prof. Dr. Pasu Decharin due to other responsibilities, effective from 26 February 2026 onward. A resolution was passed to appoint Mr. Potitat Piriyavirut, Independent Director, Chairman of the Audit Committee, Member of the Nomination and Remuneration Committee as the Chairman of the Board of Directors toreplace Assoc. Prof. Dr. Pasu Decharin the Chairman of the Board of Directors who has resigned from the position, effective from February 26, 2026 onward.Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.05 (vs ฿0.25 in FY 2024)Full year 2025 results: EPS: ฿0.05 (down from ฿0.25 in FY 2024). Revenue: ฿1.72b (up 9.0% from FY 2024). Net income: ฿27.4m (down 82% from FY 2024). Profit margin: 1.6% (down from 9.5% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings.공지 • Feb 28Warrix Sport Public Company Limited announces Annual dividend, payable on May 18, 2026Warrix Sport Public Company Limited announced Annual dividend of THB 0.0563 per share payable on May 18, 2026, ex-date on March 17, 2026 and record date on March 18, 2026.공지 • Feb 27Warrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2026Warrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2026, at 10:00 SE Asia Standard Time. Location: physical meeting, warrix sport public company limited, 849/6-8 rama 6 road, wangmai, pathumwan, bangkok 10330, ThailandBoard Change • Dec 18Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. COO & Executive Director Sujeeporn Setthaphinyo was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.092 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (down from ฿0.092 in 3Q 2024). Revenue: ฿463.5m (up 7.2% from 3Q 2024). Net income: ฿15.4m (down 72% from 3Q 2024). Profit margin: 3.3% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ฿2.12, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Luxury industry in Asia. Total loss to shareholders of 39% over the past year.Major Estimate Revision • Aug 23Consensus EPS estimates fall by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿1.64b to ฿1.52b. EPS estimate also fell from ฿0.216 per share to ฿0.123 per share. Net income forecast to grow 9.6% next year vs 13% growth forecast for Luxury industry in Thailand. Consensus price target down from ฿2.73 to ฿2.09. Share price was steady at ฿1.88 over the past week.New Risk • Aug 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 5.1% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿1.13b market cap, or US$34.7m).Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.88, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Luxury industry in Asia. Total loss to shareholders of 41% over the past year.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.32, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Luxury industry in Asia. Total loss to shareholders of 48% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿4.40 per share.Major Estimate Revision • May 24Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿1.79b to ฿1.64b. EPS estimate also fell from ฿0.292 per share to ฿0.216 per share. Net income forecast to grow 1.3% next year vs 18% growth forecast for Luxury industry in Thailand. Consensus price target down from ฿4.94 to ฿2.73. Share price fell 7.9% to ฿2.34 over the past week.Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ฿2.38, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Luxury industry in Asia. Total loss to shareholders of 58% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿4.15 per share.Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.003 (vs ฿0.03 in 1Q 2024)First quarter 2025 results: EPS: ฿0.003 (down from ฿0.03 in 1Q 2024). Revenue: ฿335.2m (flat on 1Q 2024). Net income: ฿1.54m (down 92% from 1Q 2024). Profit margin: 0.5% (down from 6.0% in 1Q 2024). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia.New Risk • May 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿1.76b market cap, or US$53.0m).Price Target Changed • May 16Price target decreased by 18% to ฿4.06Down from ฿4.93, the current price target is an average from 4 analysts. New target price is 60% above last closing price of ฿2.54. Stock is down 53% over the past year. The company is forecast to post earnings per share of ฿0.26 for next year compared to ฿0.25 last year.공지 • Apr 26Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025W Warrix Sport Public Company Limited at its AGM held on 25 April 2025, approved to pay the dividend to the shareholders from the Company' s operating results (starting from 1 January 2024 to 31 December 2024) at the rate of THB 0.2206 per share, for 589,080,000 shares, totaling to THB 129,951,048. The dividend will be paid to the shareholders whose names appear in the Company's share register book on 20 March 2025 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 14 May 2025.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ฿2.74, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Luxury industry in Asia. Total loss to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿1.89 per share.Price Target Changed • Mar 05Price target decreased by 7.7% to ฿4.93Down from ฿5.34, the current price target is an average from 4 analysts. New target price is 37% above last closing price of ฿3.60. Stock is down 31% over the past year. The company is forecast to post earnings per share of ฿0.22 for next year compared to ฿0.21 last year.Price Target Changed • Mar 03Price target decreased by 10% to ฿5.13Down from ฿5.71, the current price target is an average from 4 analysts. New target price is 46% above last closing price of ฿3.50. Stock is down 30% over the past year. The company is forecast to post earnings per share of ฿0.22 for next year compared to ฿0.21 last year.공지 • Mar 03Warrix Sport Public Company Limited, Annual General Meeting, Apr 25, 2025Warrix Sport Public Company Limited, Annual General Meeting, Apr 25, 2025, at 10:00 SE Asia Standard Time.Declared Dividend • Mar 02Dividend increased to ฿0.22Dividend of ฿0.22 is 115% higher than last year. Ex-date: 19th March 2025 Payment date: 14th May 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공지 • Mar 01Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025Warrix Sport Public Company Limited at its board meeting held on February 28, 2025, approved a proposal to pay a dividend for the Operating period from 01 January 2024 to 31 December 2024. The dividend payment is set at THB 0.2206 per share for 589,080,000 shares, totaling THB 129,951,048. The dividend will be paid to shareholders whose names appear in the Company's share register book on March 20, 2025, with the payment date set for May 14, 2025. The dividend payment is subject to approval at the Annual General Meeting of Shareholders to be held on April 25, 2025. Ex-dividend date is 19 March 2025.Reported Earnings • Nov 20Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: ฿0.09 (up from ฿0.067 in 3Q 2023). Revenue: ฿432.6m (up 31% from 3Q 2023). Net income: ฿54.6m (up 36% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia.Valuation Update With 7 Day Price Move • Aug 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿3.66, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Luxury industry in Asia. Total loss to shareholders of 61% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿1.57 per share.Major Estimate Revision • Aug 22Consensus EPS estimates fall by 21%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ฿1.51b to ฿1.53b. EPS estimate fell from ฿0.30 to ฿0.237 per share. Net income forecast to grow 20% next year vs 24% growth forecast for Luxury industry in Thailand. Consensus price target down from ฿7.09 to ฿5.71. Share price rose 22% to ฿4.28 over the past week.Price Target Changed • Aug 17Price target decreased by 9.9% to ฿6.39Down from ฿7.09, the current price target is an average from 4 analysts. New target price is 89% above last closing price of ฿3.38. Stock is down 65% over the past year. The company is forecast to post earnings per share of ฿0.28 for next year compared to ฿0.21 last year.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.035 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.03 (down from ฿0.035 in 2Q 2023). Revenue: ฿355.5m (up 36% from 2Q 2023). Net income: ฿16.8m (down 20% from 2Q 2023). Profit margin: 4.7% (down from 8.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿4.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Luxury industry in Asia. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿1.66 per share.New Risk • Jul 30New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 2.4% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (฿2.50b market cap, or US$69.4m).Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.03 (up from ฿0.018 in 1Q 2023). Revenue: ฿335.5m (up 30% from 1Q 2023). Net income: ฿20.2m (up 83% from 1Q 2023). Profit margin: 6.0% (up from 4.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia.공지 • May 15Warrix Sport Public Company Limited Appoints Sujeeporn Setthaphinyo as DirectorWarrix Sport Public Company Limited at its board meeting held on May 14, 2024, has resolved to appoint Miss Sujeeporn Setthaphinyo to the position of Director, replacing Mr. Sa-nga Tangchansiri, the deceased director. She shall serve the remaining terms entitled to the director she replaced, effective from May 14, 2024 onwards.공지 • May 08Warrix Sport Public Company Limited Announces Demise of Sa-Nga Tangchansiri, Independent Director, Chairman of the Corporate Governance Committee, and Member of the Nomination and Remuneration CommitteeWarrix Sport Public Company Limited announced that Mr. Sa-nga Tangchansiri, independent director, chairman of the corporate governance committee, and member of the nomination and remuneration committee passed away on May 2, 2024.공지 • Apr 27Warrix Sport Public Company Limited Approves Dividend Payment for the Year Ended December 31, 2023, Payable on May 10, 2024Warrix Sport Public Company Limited at its Annual General Meeting of Shareholders held on April 26, 2024, approved to pay the dividend to the shareholders from the Company's operating results (starting from 1 January 2023 to 31 December 2023) at the rate of THB 0.1025 (one zero two five satang) per share, for 589,080,000 shares (five hundred eighty nine million eighty thousand shares), totaling to THB 60,380,700 (sixty million three hundred eighty thousand seven hundred baht). The dividend will be paid to the shareholders whose names appear in the Company's share register book on 14 March 2024 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 10 May 2024.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿5.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Luxury industry in Asia. Total loss to shareholders of 48% over the past year.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿5.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Luxury industry in Asia. Total loss to shareholders of 49% over the past year.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (6.3%). In line with average of industry peers (4.0%).Declared Dividend • Mar 02Dividend reduced to ฿0.10Dividend of ฿0.10 is 46% lower than last year. Ex-date: 13th March 2024 Payment date: 10th May 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 77% over the next 2 years, which should provide support to the dividend and adequate earnings cover.공지 • Mar 01+ 1 more updateWarrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2024Warrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2024. Agenda: To acknowledge the Report of the Board of Directors regarding the operating results of the Company for the year 2023; To consider and approve the financial statements for the fiscal year ended December 31, 2023; To consider and approve the appropriation of the net profit to be legal reserve and the dividend payment for the year 2023; To consider and approve the appointment of directors who retire by rotation to resume their directorship; To consider and approve the determination of the remuneration of the directors for the year 2024; To consider and approve the appointment of the auditors and the determination of the audit fee for the year 2024 and to consider other matters.Reported Earnings • Mar 01Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ฿0.21 (down from ฿0.35 in FY 2022). Revenue: ฿1.25b (up 16% from FY 2022). Net income: ฿127.4m (flat on FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in Asia.New Risk • Jan 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.37b (US$95.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.37b market cap, or US$95.0m).Reported Earnings • Nov 20Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2023 results: EPS: ฿0.067 (down from ฿0.097 in 3Q 2022). Revenue: ฿329.1m (up 10% from 3Q 2022). Net income: ฿40.3m (flat on 3Q 2022). Profit margin: 12% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in Asia.공지 • Nov 15Warrix Sport Public Company Limited Announces Board ChangesWarrix Sport Public Company Limited announced the significant resolutions of the Board of Directors' Meeting held on November 14, 2023, as follows: acknowledged the resignation of Mr. Sa-nga Tangchansiri (Independent Director, Audit Committee, Chairman of the Corporate Governance Committee, Nomination and Remuneration Committee) from the Audit Committee. Effective from November 14, 2023 onwards. Resolutions to appoint Mr. Chinnawat Tantiponganant (Independent Director, Corporate Governance Committee) in replace of Mr. Sa-nga Tangchansiri, the Audit Committee who resigned. This appointment will be affective on November 14, 2023 onwards. The Audit Committee consists of: Mr. Potitat Piriyavirut as chairman, Mr. Suphasit Taweejamsup and Mr. Chinnawat Tantiponganant as members.Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿6.60, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Luxury industry in Asia.New Risk • Aug 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 59% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (59% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.032 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03. Revenue: ฿262.2m (up 28% from 2Q 2022). Net income: ฿21.0m (up 69% from 2Q 2022). Profit margin: 8.0% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue.Reported Earnings • May 20First quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.062 in 1Q 2022)First quarter 2023 results: EPS: ฿0.02 (down from ฿0.062 in 1Q 2022). Revenue: ฿257.3m (up 33% from 1Q 2022). Net income: ฿11.1m (down 11% from 1Q 2022). Profit margin: 4.3% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses.공지 • May 17Warrix Sport Public Company Limited Approves Executive ChangesWarrix Sport Public Company Limited informed that the Board of Directors meeting held on May 15, 2023 has resolutions as follows: Approved the appointment of new director to replace the resigned director as follows: Approval to appoint Miss Duangjai Promwiset as the director, in replacement of Miss Natthakamon Wongsod who has resigned with effective on May 15, 2023 onwards. Approved the appointment of new company secretary to replace the resigned company secretary as follows: Approval to appoint Miss Hannah Thaveekul as the company secretary, in replacement of Miss Natthakamon Wongsod who has resigned with effective on May 15, 2023 onwards.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: WARRIX 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: WARRIX 3 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Warrix Sport 배당 수익률 vs 시장WARRIX의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (WARRIX)3.6%시장 하위 25% (TH)3.5%시장 상위 25% (TH)7.5%업계 평균 (Luxury)7.3%분석가 예측 (WARRIX) (최대 3년)6.3%주목할만한 배당금: WARRIX 의 배당금( 3.56% )은 TH 시장에서 배당금 지급자의 하위 25%( 3.45% )보다 높습니다.고배당: WARRIX 의 배당금( 3.56% )은 TH 시장에서 배당금 지급자의 상위 25%( 7.46% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 121.1% )이 높기 때문에 WARRIX 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 99.6% )이 높기 때문에 WARRIX 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 07:40종가2026/05/08 00:00수익2025/12/31연간 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 소스Warrix Sport Public Company Limited는 4명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Sasikarn UdomvejDBS Bank LtdAnuwat SrikajornratkulKrungsri Securities Public Company LimitedPannathat LaohatanansarnKrungsri Securities Public Company Limited1명의 분석가 더 보기
공지 • Feb 28Warrix Sport Public Company Limited announces Annual dividend, payable on May 18, 2026Warrix Sport Public Company Limited announced Annual dividend of THB 0.0563 per share payable on May 18, 2026, ex-date on March 17, 2026 and record date on March 18, 2026.
공지 • Apr 26Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025W Warrix Sport Public Company Limited at its AGM held on 25 April 2025, approved to pay the dividend to the shareholders from the Company' s operating results (starting from 1 January 2024 to 31 December 2024) at the rate of THB 0.2206 per share, for 589,080,000 shares, totaling to THB 129,951,048. The dividend will be paid to the shareholders whose names appear in the Company's share register book on 20 March 2025 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 14 May 2025.
Declared Dividend • Mar 02Dividend increased to ฿0.22Dividend of ฿0.22 is 115% higher than last year. Ex-date: 19th March 2025 Payment date: 14th May 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공지 • Mar 01Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025Warrix Sport Public Company Limited at its board meeting held on February 28, 2025, approved a proposal to pay a dividend for the Operating period from 01 January 2024 to 31 December 2024. The dividend payment is set at THB 0.2206 per share for 589,080,000 shares, totaling THB 129,951,048. The dividend will be paid to shareholders whose names appear in the Company's share register book on March 20, 2025, with the payment date set for May 14, 2025. The dividend payment is subject to approval at the Annual General Meeting of Shareholders to be held on April 25, 2025. Ex-dividend date is 19 March 2025.
공지 • Apr 27Warrix Sport Public Company Limited Approves Dividend Payment for the Year Ended December 31, 2023, Payable on May 10, 2024Warrix Sport Public Company Limited at its Annual General Meeting of Shareholders held on April 26, 2024, approved to pay the dividend to the shareholders from the Company's operating results (starting from 1 January 2023 to 31 December 2023) at the rate of THB 0.1025 (one zero two five satang) per share, for 589,080,000 shares (five hundred eighty nine million eighty thousand shares), totaling to THB 60,380,700 (sixty million three hundred eighty thousand seven hundred baht). The dividend will be paid to the shareholders whose names appear in the Company's share register book on 14 March 2024 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 10 May 2024.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (6.3%). In line with average of industry peers (4.0%).
공지 • Mar 06Warrix Sport Public Company Limited Announces Board Changes, Effective February 26, 2026Warrix Sport Public Company Limited announced that Assoc. Prof. Dr. Pasu Decharin, Chairman of the Board of Directors had declared his intention to resign from his position as a Chairman of the Board of Directors, Independent Director and all other positions in the Company's Sub-Committees due to other responsibilities. The resignation is effective from 25 February 2026 onward. The Board of Director's Meeting No. 1/2026, which was held on February 26, 2026, has the resolutions as follows: accept the resignation from the position of Chairman of the Board of Directors, Independent Director and all other positions in the Company's Sub-Committees of Assoc. Prof. Dr. Pasu Decharin due to other responsibilities, effective from 26 February 2026 onward. A resolution was passed to appoint Mr. Potitat Piriyavirut, Independent Director, Chairman of the Audit Committee, Member of the Nomination and Remuneration Committee as the Chairman of the Board of Directors toreplace Assoc. Prof. Dr. Pasu Decharin the Chairman of the Board of Directors who has resigned from the position, effective from February 26, 2026 onward.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.05 (vs ฿0.25 in FY 2024)Full year 2025 results: EPS: ฿0.05 (down from ฿0.25 in FY 2024). Revenue: ฿1.72b (up 9.0% from FY 2024). Net income: ฿27.4m (down 82% from FY 2024). Profit margin: 1.6% (down from 9.5% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has fallen by 44% per year, which means it is performing significantly worse than earnings.
공지 • Feb 28Warrix Sport Public Company Limited announces Annual dividend, payable on May 18, 2026Warrix Sport Public Company Limited announced Annual dividend of THB 0.0563 per share payable on May 18, 2026, ex-date on March 17, 2026 and record date on March 18, 2026.
공지 • Feb 27Warrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2026Warrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2026, at 10:00 SE Asia Standard Time. Location: physical meeting, warrix sport public company limited, 849/6-8 rama 6 road, wangmai, pathumwan, bangkok 10330, Thailand
Board Change • Dec 18Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. COO & Executive Director Sujeeporn Setthaphinyo was the last director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.092 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.03 (down from ฿0.092 in 3Q 2024). Revenue: ฿463.5m (up 7.2% from 3Q 2024). Net income: ฿15.4m (down 72% from 3Q 2024). Profit margin: 3.3% (down from 13% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ฿2.12, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Luxury industry in Asia. Total loss to shareholders of 39% over the past year.
Major Estimate Revision • Aug 23Consensus EPS estimates fall by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿1.64b to ฿1.52b. EPS estimate also fell from ฿0.216 per share to ฿0.123 per share. Net income forecast to grow 9.6% next year vs 13% growth forecast for Luxury industry in Thailand. Consensus price target down from ฿2.73 to ฿2.09. Share price was steady at ฿1.88 over the past week.
New Risk • Aug 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Paying a dividend despite having no free cash flows. Earnings are forecast to decline by an average of 5.1% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿1.13b market cap, or US$34.7m).
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.88, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Luxury industry in Asia. Total loss to shareholders of 41% over the past year.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿2.32, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Luxury industry in Asia. Total loss to shareholders of 48% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿4.40 per share.
Major Estimate Revision • May 24Consensus EPS estimates fall by 26%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ฿1.79b to ฿1.64b. EPS estimate also fell from ฿0.292 per share to ฿0.216 per share. Net income forecast to grow 1.3% next year vs 18% growth forecast for Luxury industry in Thailand. Consensus price target down from ฿4.94 to ฿2.73. Share price fell 7.9% to ฿2.34 over the past week.
Valuation Update With 7 Day Price Move • May 22Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ฿2.38, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 14x in the Luxury industry in Asia. Total loss to shareholders of 58% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿4.15 per share.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.003 (vs ฿0.03 in 1Q 2024)First quarter 2025 results: EPS: ฿0.003 (down from ฿0.03 in 1Q 2024). Revenue: ฿335.2m (flat on 1Q 2024). Net income: ฿1.54m (down 92% from 1Q 2024). Profit margin: 0.5% (down from 6.0% in 1Q 2024). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia.
New Risk • May 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿1.76b market cap, or US$53.0m).
Price Target Changed • May 16Price target decreased by 18% to ฿4.06Down from ฿4.93, the current price target is an average from 4 analysts. New target price is 60% above last closing price of ฿2.54. Stock is down 53% over the past year. The company is forecast to post earnings per share of ฿0.26 for next year compared to ฿0.25 last year.
공지 • Apr 26Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025W Warrix Sport Public Company Limited at its AGM held on 25 April 2025, approved to pay the dividend to the shareholders from the Company' s operating results (starting from 1 January 2024 to 31 December 2024) at the rate of THB 0.2206 per share, for 589,080,000 shares, totaling to THB 129,951,048. The dividend will be paid to the shareholders whose names appear in the Company's share register book on 20 March 2025 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 14 May 2025.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to ฿2.74, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Luxury industry in Asia. Total loss to shareholders of 53% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿1.89 per share.
Price Target Changed • Mar 05Price target decreased by 7.7% to ฿4.93Down from ฿5.34, the current price target is an average from 4 analysts. New target price is 37% above last closing price of ฿3.60. Stock is down 31% over the past year. The company is forecast to post earnings per share of ฿0.22 for next year compared to ฿0.21 last year.
Price Target Changed • Mar 03Price target decreased by 10% to ฿5.13Down from ฿5.71, the current price target is an average from 4 analysts. New target price is 46% above last closing price of ฿3.50. Stock is down 30% over the past year. The company is forecast to post earnings per share of ฿0.22 for next year compared to ฿0.21 last year.
공지 • Mar 03Warrix Sport Public Company Limited, Annual General Meeting, Apr 25, 2025Warrix Sport Public Company Limited, Annual General Meeting, Apr 25, 2025, at 10:00 SE Asia Standard Time.
Declared Dividend • Mar 02Dividend increased to ฿0.22Dividend of ฿0.22 is 115% higher than last year. Ex-date: 19th March 2025 Payment date: 14th May 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has decreased over the past 26 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공지 • Mar 01Warrix Sport Public Company Limited Approves Dividend Payment for the Operating Period from 01 January 2024 to 31 December 2024, Payable on May 14, 2025Warrix Sport Public Company Limited at its board meeting held on February 28, 2025, approved a proposal to pay a dividend for the Operating period from 01 January 2024 to 31 December 2024. The dividend payment is set at THB 0.2206 per share for 589,080,000 shares, totaling THB 129,951,048. The dividend will be paid to shareholders whose names appear in the Company's share register book on March 20, 2025, with the payment date set for May 14, 2025. The dividend payment is subject to approval at the Annual General Meeting of Shareholders to be held on April 25, 2025. Ex-dividend date is 19 March 2025.
Reported Earnings • Nov 20Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: ฿0.09 (up from ฿0.067 in 3Q 2023). Revenue: ฿432.6m (up 31% from 3Q 2023). Net income: ฿54.6m (up 36% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in Asia.
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿3.66, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Luxury industry in Asia. Total loss to shareholders of 61% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿1.57 per share.
Major Estimate Revision • Aug 22Consensus EPS estimates fall by 21%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ฿1.51b to ฿1.53b. EPS estimate fell from ฿0.30 to ฿0.237 per share. Net income forecast to grow 20% next year vs 24% growth forecast for Luxury industry in Thailand. Consensus price target down from ฿7.09 to ฿5.71. Share price rose 22% to ฿4.28 over the past week.
Price Target Changed • Aug 17Price target decreased by 9.9% to ฿6.39Down from ฿7.09, the current price target is an average from 4 analysts. New target price is 89% above last closing price of ฿3.38. Stock is down 65% over the past year. The company is forecast to post earnings per share of ฿0.28 for next year compared to ฿0.21 last year.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.035 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.03 (down from ฿0.035 in 2Q 2023). Revenue: ฿355.5m (up 36% from 2Q 2023). Net income: ฿16.8m (down 20% from 2Q 2023). Profit margin: 4.7% (down from 8.0% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿4.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 13x in the Luxury industry in Asia. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ฿1.66 per share.
New Risk • Jul 30New minor risk - Dividend sustainabilityThe company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 2.4% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. 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: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (฿2.50b market cap, or US$69.4m).
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.03 (up from ฿0.018 in 1Q 2023). Revenue: ฿335.5m (up 30% from 1Q 2023). Net income: ฿20.2m (up 83% from 1Q 2023). Profit margin: 6.0% (up from 4.3% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Asia.
공지 • May 15Warrix Sport Public Company Limited Appoints Sujeeporn Setthaphinyo as DirectorWarrix Sport Public Company Limited at its board meeting held on May 14, 2024, has resolved to appoint Miss Sujeeporn Setthaphinyo to the position of Director, replacing Mr. Sa-nga Tangchansiri, the deceased director. She shall serve the remaining terms entitled to the director she replaced, effective from May 14, 2024 onwards.
공지 • May 08Warrix Sport Public Company Limited Announces Demise of Sa-Nga Tangchansiri, Independent Director, Chairman of the Corporate Governance Committee, and Member of the Nomination and Remuneration CommitteeWarrix Sport Public Company Limited announced that Mr. Sa-nga Tangchansiri, independent director, chairman of the corporate governance committee, and member of the nomination and remuneration committee passed away on May 2, 2024.
공지 • Apr 27Warrix Sport Public Company Limited Approves Dividend Payment for the Year Ended December 31, 2023, Payable on May 10, 2024Warrix Sport Public Company Limited at its Annual General Meeting of Shareholders held on April 26, 2024, approved to pay the dividend to the shareholders from the Company's operating results (starting from 1 January 2023 to 31 December 2023) at the rate of THB 0.1025 (one zero two five satang) per share, for 589,080,000 shares (five hundred eighty nine million eighty thousand shares), totaling to THB 60,380,700 (sixty million three hundred eighty thousand seven hundred baht). The dividend will be paid to the shareholders whose names appear in the Company's share register book on 14 March 2024 which was determined to be the date on which the recorded shareholders are entitled (Record Date). The dividend payment will be made on 10 May 2024.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿5.00, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Luxury industry in Asia. Total loss to shareholders of 48% over the past year.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ฿5.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 15x in the Luxury industry in Asia. Total loss to shareholders of 49% over the past year.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.10 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 79% but the company is not cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Thai dividend payers (6.3%). In line with average of industry peers (4.0%).
Declared Dividend • Mar 02Dividend reduced to ฿0.10Dividend of ฿0.10 is 46% lower than last year. Ex-date: 13th March 2024 Payment date: 10th May 2024 Dividend yield will be 2.2%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 77% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
공지 • Mar 01+ 1 more updateWarrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2024Warrix Sport Public Company Limited, Annual General Meeting, Apr 26, 2024. Agenda: To acknowledge the Report of the Board of Directors regarding the operating results of the Company for the year 2023; To consider and approve the financial statements for the fiscal year ended December 31, 2023; To consider and approve the appropriation of the net profit to be legal reserve and the dividend payment for the year 2023; To consider and approve the appointment of directors who retire by rotation to resume their directorship; To consider and approve the determination of the remuneration of the directors for the year 2024; To consider and approve the appointment of the auditors and the determination of the audit fee for the year 2024 and to consider other matters.
Reported Earnings • Mar 01Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ฿0.21 (down from ฿0.35 in FY 2022). Revenue: ฿1.25b (up 16% from FY 2022). Net income: ฿127.4m (flat on FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 5.0%. Earnings per share (EPS) also missed analyst estimates by 7.4%. Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in Asia.
New Risk • Jan 17New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.37b (US$95.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (40% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿3.37b market cap, or US$95.0m).
Reported Earnings • Nov 20Third quarter 2023 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2023 results: EPS: ฿0.067 (down from ฿0.097 in 3Q 2022). Revenue: ฿329.1m (up 10% from 3Q 2022). Net income: ฿40.3m (flat on 3Q 2022). Profit margin: 12% (down from 14% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 30% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in Asia.
공지 • Nov 15Warrix Sport Public Company Limited Announces Board ChangesWarrix Sport Public Company Limited announced the significant resolutions of the Board of Directors' Meeting held on November 14, 2023, as follows: acknowledged the resignation of Mr. Sa-nga Tangchansiri (Independent Director, Audit Committee, Chairman of the Corporate Governance Committee, Nomination and Remuneration Committee) from the Audit Committee. Effective from November 14, 2023 onwards. Resolutions to appoint Mr. Chinnawat Tantiponganant (Independent Director, Corporate Governance Committee) in replace of Mr. Sa-nga Tangchansiri, the Audit Committee who resigned. This appointment will be affective on November 14, 2023 onwards. The Audit Committee consists of: Mr. Potitat Piriyavirut as chairman, Mr. Suphasit Taweejamsup and Mr. Chinnawat Tantiponganant as members.
Valuation Update With 7 Day Price Move • Nov 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿6.60, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Luxury industry in Asia.
New Risk • Aug 15New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 59% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (59% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.032 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03. Revenue: ฿262.2m (up 28% from 2Q 2022). Net income: ฿21.0m (up 69% from 2Q 2022). Profit margin: 8.0% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue.
Reported Earnings • May 20First quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.062 in 1Q 2022)First quarter 2023 results: EPS: ฿0.02 (down from ฿0.062 in 1Q 2022). Revenue: ฿257.3m (up 33% from 1Q 2022). Net income: ฿11.1m (down 11% from 1Q 2022). Profit margin: 4.3% (down from 6.4% in 1Q 2022). The decrease in margin was driven by higher expenses.
공지 • May 17Warrix Sport Public Company Limited Approves Executive ChangesWarrix Sport Public Company Limited informed that the Board of Directors meeting held on May 15, 2023 has resolutions as follows: Approved the appointment of new director to replace the resigned director as follows: Approval to appoint Miss Duangjai Promwiset as the director, in replacement of Miss Natthakamon Wongsod who has resigned with effective on May 15, 2023 onwards. Approved the appointment of new company secretary to replace the resigned company secretary as follows: Approval to appoint Miss Hannah Thaveekul as the company secretary, in replacement of Miss Natthakamon Wongsod who has resigned with effective on May 15, 2023 onwards.