View Financial HealthWinner Group Enterprise 배당 및 자사주 매입배당 기준 점검 5/6Winner Group Enterprise 수익으로 충분히 충당되는 현재 수익률 8.65% 보유한 배당금 지급 회사입니다.핵심 정보8.7%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률1.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향81%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Apr 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 19 May 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 8.5%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).Declared Dividend • Feb 28Final dividend of ฿0.09 announcedDividend of ฿0.09 is the same as last year. Ex-date: 5th May 2026 Payment date: 19th May 2026 Dividend yield will be 8.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Feb 26+ 1 more updateWinner Group Enterprise Public Company Limited Proposes Final Dividend for the Year 2025, Payable on May 19, 2026Winner Group Enterprise Public Company Limited Board resolved to propose the Annual General Meeting of Shareholders to consider and approve the appropriation of profit and annual dividend payment for the year 2025 to the Company's ordinary shareholders at the rate of THB 0.18 per share, totaling THB 107,995,439.16, The final dividend will be paid at the rate of THB 0.09 per share, totaling THB 53,997,719.58, comprising: Dividend of THB 0.0853 per share, paid from the unappropriated retained earnings which were subject to 20% corporate income tax; and Dividend of THB 0.0047 per share, paid from the profit exempted from corporate income tax under the investment promotion privileges (BOI). The Company has fixed the Record Date to determine the names of shareholders entitled to receive dividends on May 6, 2026, and the dividend payment is scheduled for May 19, 2026. Ex-dividend date May 5, 2026. However, the granting of such rights is still uncertain, as it is subject to the approval of the Shareholders' Meeting.Declared Dividend • Aug 15First half dividend increased to ฿0.09Dividend of ฿0.09 is 50% higher than last year. Ex-date: 27th August 2025 Payment date: 10th September 2025 Dividend yield will be 8.5%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but not covered by cash flows (168% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Apr 29Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 100%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (2.9%).공시 • Apr 26Winner Group Enterprise Public Company Limited Approves Dividend for the Year 2024, Payable on May 20, 2025Winner Group Enterprise Public Company Limited at its AGM held on April 25, 2025 approved the appropriation of profit and annual dividend payment for the year 2024 as dividend payment of THB 0.15 per share, totaling THB 89,996,199.30. On September 10, 2024, The Company has already paid the interim dividends at the rate of THB 0.06 per share, totaling THB 35,998,479.72. Therefore, the remaining year-ended dividend to be paid is THB 0.09 per share, totaling THB 53,997,719.58. The Company will record the names of shareholders who are eligible to receive the dividend on May 7, 2025 (Record Date) and the dividend payment is scheduled to be made on May 20, 2025.모든 업데이트 보기Recent updatesReported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.05 (vs ฿0.059 in 1Q 2025)First quarter 2026 results: EPS: ฿0.05 (down from ฿0.059 in 1Q 2025). Revenue: ฿508.1m (down 12% from 1Q 2025). Net income: ฿31.7m (down 11% from 1Q 2025). Profit margin: 6.2% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 19 May 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 8.5%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).Declared Dividend • Feb 28Final dividend of ฿0.09 announcedDividend of ฿0.09 is the same as last year. Ex-date: 5th May 2026 Payment date: 19th May 2026 Dividend yield will be 8.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 27Full year 2025 earnings released: EPS: ฿0.24 (vs ฿0.15 in FY 2024)Full year 2025 results: EPS: ฿0.24 (up from ฿0.15 in FY 2024). Revenue: ฿2.29b (up 7.3% from FY 2024). Net income: ฿139.7m (up 55% from FY 2024). Profit margin: 6.1% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Feb 26+ 1 more updateWinner Group Enterprise Public Company Limited Proposes Final Dividend for the Year 2025, Payable on May 19, 2026Winner Group Enterprise Public Company Limited Board resolved to propose the Annual General Meeting of Shareholders to consider and approve the appropriation of profit and annual dividend payment for the year 2025 to the Company's ordinary shareholders at the rate of THB 0.18 per share, totaling THB 107,995,439.16, The final dividend will be paid at the rate of THB 0.09 per share, totaling THB 53,997,719.58, comprising: Dividend of THB 0.0853 per share, paid from the unappropriated retained earnings which were subject to 20% corporate income tax; and Dividend of THB 0.0047 per share, paid from the profit exempted from corporate income tax under the investment promotion privileges (BOI). The Company has fixed the Record Date to determine the names of shareholders entitled to receive dividends on May 6, 2026, and the dividend payment is scheduled for May 19, 2026. Ex-dividend date May 5, 2026. However, the granting of such rights is still uncertain, as it is subject to the approval of the Shareholders' Meeting.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.06 (vs ฿0.03 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.06 (up from ฿0.03 in 3Q 2024). Revenue: ฿537.1m (up 14% from 3Q 2024). Net income: ฿33.9m (up 88% from 3Q 2024). Profit margin: 6.3% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.New Risk • Aug 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 168% Dividend yield: 7.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 168% Minor Risks High level of debt (47% net debt to equity). Market cap is less than US$100m (฿1.27b market cap, or US$39.2m).Declared Dividend • Aug 15First half dividend increased to ฿0.09Dividend of ฿0.09 is 50% higher than last year. Ex-date: 27th August 2025 Payment date: 10th September 2025 Dividend yield will be 8.5%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but not covered by cash flows (168% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.041 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.05 (up from ฿0.041 in 2Q 2024). Revenue: ฿590.1m (up 6.6% from 2Q 2024). Net income: ฿28.5m (up 16% from 2Q 2024). Profit margin: 4.8% (up from 4.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.공시 • Jun 21An undisclosed buyer agreed to acquire 45% stake in Winner Agro Innovation Company Limited from Winner Group Enterprise Public Company Limited (SET:WINNER) for THB 0.28 million.An undisclosed buyer agreed to acquire 45% stake in Winner Agro Innovation Company Limited from Winner Group Enterprise Public Company Limited (SET:WINNER) for THB 0.28 million on June 20, 2025. A cash consideration of THB 0.28 million will be paid for 2,025,000 shares. The transaction has been approved by the board of Winner Group Enterprise Public Company Limited. The expected completion of the transaction is June 30, 2025.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿60.00 (vs ฿0.022 in 1Q 2024)First quarter 2025 results: EPS: ฿60.00 (up from ฿0.022 in 1Q 2024). Revenue: ฿575.1m (up 15% from 1Q 2024). Net income: ฿35.7m (up 169% from 1Q 2024). Profit margin: 6.2% (up from 2.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 29Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 100%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (2.9%).공시 • Apr 26Winner Group Enterprise Public Company Limited Approves Dividend for the Year 2024, Payable on May 20, 2025Winner Group Enterprise Public Company Limited at its AGM held on April 25, 2025 approved the appropriation of profit and annual dividend payment for the year 2024 as dividend payment of THB 0.15 per share, totaling THB 89,996,199.30. On September 10, 2024, The Company has already paid the interim dividends at the rate of THB 0.06 per share, totaling THB 35,998,479.72. Therefore, the remaining year-ended dividend to be paid is THB 0.09 per share, totaling THB 53,997,719.58. The Company will record the names of shareholders who are eligible to receive the dividend on May 7, 2025 (Record Date) and the dividend payment is scheduled to be made on May 20, 2025.Reported Earnings • Feb 28Full year 2024 earnings released: EPS: ฿0.15 (vs ฿0.19 in FY 2023)Full year 2024 results: EPS: ฿0.15 (down from ฿0.19 in FY 2023). Revenue: ฿2.14b (up 3.2% from FY 2023). Net income: ฿90.2m (down 21% from FY 2023). Profit margin: 4.2% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.공시 • Feb 27+ 1 more updateWinner Group Enterprise Public Company Limited Proposes Final Dividend for the Year 2024, Payable on May 20, 2025Winner Group Enterprise Public Company Limited announced that at its AGM to be held on April 25, 2025, to propose annual dividend payment for the year 2024 to the ordinary shareholders at THB 0.15 per share, with the total amount of THB 89,996,199.30. Of which THB 0.06 per share, with the total amount of THB 35,998,479.72 (paid out of the unappropriated retained earnings which subjected to 20% corporate income tax), was paid as an interim dividend on September 10, 2024. The final dividend payment will be THB 0.09 per share, totaling THB 53,997,719.58 (to be paid out of the unappropriated retained earnings which subjected to 20% corporate income tax) in accordance with the company's dividend policy. The company will record the names of shareholders who are eligible to receive dividends on May 7, 2025 (record date) and the dividend payment is scheduled to be made on May 20, 2025.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.028 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.03 (up from ฿0.028 in 3Q 2023). Revenue: ฿470.1m (up 2.1% from 3Q 2023). Net income: ฿18.1m (up 5.6% from 3Q 2023). Profit margin: 3.8% (up from 3.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.Declared Dividend • Aug 15First half dividend of ฿0.06 announcedShareholders will receive a dividend of ฿0.06. Ex-date: 27th August 2024 Payment date: 10th September 2024 Dividend yield will be 7.0%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Aug 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.5% per year over the past 5 years. Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿1.18b market cap, or US$33.6m).Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.057 in 1Q 2023)First quarter 2024 results: EPS: ฿0.02 (down from ฿0.057 in 1Q 2023). Revenue: ฿501.3m (down 3.1% from 1Q 2023). Net income: ฿13.3m (down 61% from 1Q 2023). Profit margin: 2.6% (down from 6.6% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Apr 26+ 1 more updateWinner Group Enterprise Public Company Limited Approves Dividend for the Year 2023, Payable on May 10, 2024Winner Group Enterprise Public Company Limited announced that at the AGM held on April 24, 2024, approved the appropriation of profit and annual dividend payment for the year 2023 as dividend payment of THB 0.15 per share, with the total amount of THB 89,996,199.30. At September 8, 2023, The Company has already paid the interim dividends at the rate of THB 0.07 per share, with the total amount of THB 41,998,226.34. Therefore, the remaining year-ended dividend to be paid is THB 0.08 per share, with the total amount of THB 47,997,972.96. The Company will record the names of shareholders who are eligible to receive dividend on March 13, 2024 (Record Date). The dividend payment is scheduled to be made on May 10, 2024.Upcoming Dividend • Mar 05Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 12 March 2024. Payment date: 10 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.2%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (2.0%).Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.19 (vs ฿0.016 in FY 2022)Full year 2023 results: EPS: ฿0.19 (up from ฿0.016 in FY 2022). Revenue: ฿2.07b (up 1.5% from FY 2022). Net income: ฿113.8m (up ฿104.4m from FY 2022). Profit margin: 5.5% (up from 0.5% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Mar 01Winner Group Enterprise Public Company Limited Proposes Dividend for the Year 2023, Payable on May 10, 2024Winner Group Enterprise Public Company Limited at its board meeting held on February 27, 2024, approved to propose at its Annual General Meeting of shareholders to be held on April 24, 2024, the appropriation of profit and annual dividend payment for the year 2023 to the ordinary shareholders at THB 0.15 per share, with the total amount of THB 89,996,199.30. Of which THB 0.07 per share, with the total amount of THB 41,998,226.34 (paid out of the unappropriated retained earnings which subjected to 20% corporate income tax), was paid as an interim dividend on September 8, 2023. The final dividend payment will be THB 0.08 per share, totaling THB 47,997,972.96 (to be paid out of the unappropriated retained earnings which subjected to 20% corporate income tax) in accordance with the Company's dividend policy. The Company will record the names of shareholders who are eligible to receive dividends on March 13, 2024 (Record Date) and the dividend payment is scheduled to be made on May 10, 2024. However, the grant of the rights to receive the dividend payment is uncertain since it has to be approved by the shareholders' meeting. Ex-dividend date is March 12, 2024.Declared Dividend • Mar 01Dividend increased to ฿0.08Dividend of ฿0.08 is 14% higher than last year. Ex-date: 12th March 2024 Payment date: 10th May 2024 Dividend yield will be 6.6%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 10x earnings). However, it is well covered by cash flows (49% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,032% to bring the payout ratio under control. However, EPS has declined by 39% over the last 5 years so the company would need to reverse this trend.공시 • Feb 05Winner Group Enterprise Public Company Limited Announces Demise of Warunee Varanyanond, Independent Director, Member of the Audit Committee, and Member of Nomination Remuneration and Corporate GovernanceWinner Group Enterprise Public Company Limited announced that Dr. Warunee Varanyanond, Independent Director, Member of the Audit Committee, and Member of Nomination Remuneration and Corporate Governance has passed away on February 4, 2024.Upcoming Dividend • Aug 17Upcoming dividend of ฿0.07 per share at 5.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.7%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (1.5%).New Risk • Aug 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.9% per year over the past 5 years. Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (฿1.40b market cap, or US$40.0m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.04 (vs ฿0.05 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.04 (down from ฿0.05 in 2Q 2022). Revenue: ฿498.4m (down 2.1% from 2Q 2022). Net income: ฿24.1m (down 20% from 2Q 2022). Profit margin: 4.8% (down from 5.9% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Aug 11Winner Group Enterprise Public Company Limited Announces Interim Cash Dividend Payment, Payable on September 8, 2023Winner Group Enterprise Public Company Limited announced interim cash dividend payment of THB 0.07 per share to common shareholders paid from retained earnings. Record date for the right to receive dividends is 25 August 2023. Ex-dividend date is 24 August 2023. Payment date is September 8, 2023.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.07 per share at 5.7% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 12 May 2023. Payout ratio is on the higher end at 86% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (1.4%).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Thipawan Uthaisang was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Aug 18Upcoming dividend of ฿0.06 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 09 September 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (1.2%).Reported Earnings • Aug 16Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ฿508.9m (up 30% from 2Q 2021). Net income: ฿30.1m (up 96% from 2Q 2021). Profit margin: 5.9% (up from 3.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.04 (up from ฿0.033 in 1Q 2021). Revenue: ฿451.9m (up 7.5% from 1Q 2021). Net income: ฿25.9m (up 30% from 1Q 2021). Profit margin: 5.7% (up from 4.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Thippawan Uthaisang was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 03Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.3%).Reported Earnings • Feb 24Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.18 (up from ฿0.14 in FY 2020). Revenue: ฿1.81b (up 6.5% from FY 2020). Net income: ฿108.7m (up 29% from FY 2020). Profit margin: 6.0% (up from 5.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.031 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿454.8m (up 7.3% from 3Q 2020). Net income: ฿24.2m (up 31% from 3Q 2020). Profit margin: 5.3% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 19Upcoming dividend of ฿0.014 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 20 October 2021. Trailing yield: 0.7%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (1.9%).Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 23% share price gain to ฿3.84, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Consumer Retailing industry in Thailand. Total returns to shareholders of 41% over the past three years.Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿3.46, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 29x in the Consumer Retailing industry in Thailand. Total returns to shareholders of 34% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.05 (vs ฿0.082 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿420.3m (down 5.9% from 1Q 2020). Net income: ฿19.9m (down 40% from 1Q 2020). Profit margin: 4.7% (down from 7.4% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.21 (vs ฿0.21 in FY 2019)The company reported a solid full year result with improved revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: ฿1.70b (up 3.0% from FY 2019). Net income: ฿84.5m (flat on FY 2019). Profit margin: 5.0% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Feb 05New 90-day high: ฿2.88The company is up 17% from its price of ฿2.46 on 06 November 2020. The Thai market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 2.0% over the same period.Is New 90 Day High Low • Jan 18New 90-day high: ฿2.76The company is up 14% from its price of ฿2.42 on 20 October 2020. The Thai market is up 26% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 3.0% over the same period.Is New 90 Day High Low • Dec 17New 90-day high: ฿2.72The company is up 9.0% from its price of ฿2.50 on 18 September 2020. The Thai market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 1.0% over the same period.Is New 90 Day High Low • Nov 27New 90-day high: ฿2.66The company is up 2.0% from its price of ฿2.62 on 28 August 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 2.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.05The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿423.7m (up 18% from 3Q 2019). Net income: ฿18.4m (up 66% from 3Q 2019). Profit margin: 4.4% (up from 3.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Oct 20New 90-day low: ฿2.42The company is down 18% from its price of ฿2.96 on 22 July 2020. The Thai market is down 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 12% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: WINNER 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: WINNER 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Winner Group Enterprise 배당 수익률 vs 시장WINNER의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (WINNER)8.7%시장 하위 25% (TH)3.4%시장 상위 25% (TH)7.6%업계 평균 (Consumer Retailing)3.8%분석가 예측 (WINNER) (최대 3년)n/a주목할만한 배당금: WINNER 의 배당금( 8.65% )은 TH 시장에서 배당금 지급자의 하위 25%( 3.39% )보다 높습니다.고배당: WINNER 의 배당금( 8.65% )은 TH 시장( 7.59% )주주 대상 이익 배당수익 보장: 현재 지불 비율 ( 80.8% )에서 WINNER 의 지불은 수입으로 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 54% )로 WINNER 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 20:13종가2026/05/22 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 소스Winner Group Enterprise 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.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 19 May 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 8.5%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).
Declared Dividend • Feb 28Final dividend of ฿0.09 announcedDividend of ฿0.09 is the same as last year. Ex-date: 5th May 2026 Payment date: 19th May 2026 Dividend yield will be 8.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Feb 26+ 1 more updateWinner Group Enterprise Public Company Limited Proposes Final Dividend for the Year 2025, Payable on May 19, 2026Winner Group Enterprise Public Company Limited Board resolved to propose the Annual General Meeting of Shareholders to consider and approve the appropriation of profit and annual dividend payment for the year 2025 to the Company's ordinary shareholders at the rate of THB 0.18 per share, totaling THB 107,995,439.16, The final dividend will be paid at the rate of THB 0.09 per share, totaling THB 53,997,719.58, comprising: Dividend of THB 0.0853 per share, paid from the unappropriated retained earnings which were subject to 20% corporate income tax; and Dividend of THB 0.0047 per share, paid from the profit exempted from corporate income tax under the investment promotion privileges (BOI). The Company has fixed the Record Date to determine the names of shareholders entitled to receive dividends on May 6, 2026, and the dividend payment is scheduled for May 19, 2026. Ex-dividend date May 5, 2026. However, the granting of such rights is still uncertain, as it is subject to the approval of the Shareholders' Meeting.
Declared Dividend • Aug 15First half dividend increased to ฿0.09Dividend of ฿0.09 is 50% higher than last year. Ex-date: 27th August 2025 Payment date: 10th September 2025 Dividend yield will be 8.5%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but not covered by cash flows (168% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 100%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (2.9%).
공시 • Apr 26Winner Group Enterprise Public Company Limited Approves Dividend for the Year 2024, Payable on May 20, 2025Winner Group Enterprise Public Company Limited at its AGM held on April 25, 2025 approved the appropriation of profit and annual dividend payment for the year 2024 as dividend payment of THB 0.15 per share, totaling THB 89,996,199.30. On September 10, 2024, The Company has already paid the interim dividends at the rate of THB 0.06 per share, totaling THB 35,998,479.72. Therefore, the remaining year-ended dividend to be paid is THB 0.09 per share, totaling THB 53,997,719.58. The Company will record the names of shareholders who are eligible to receive the dividend on May 7, 2025 (Record Date) and the dividend payment is scheduled to be made on May 20, 2025.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: ฿0.05 (vs ฿0.059 in 1Q 2025)First quarter 2026 results: EPS: ฿0.05 (down from ฿0.059 in 1Q 2025). Revenue: ฿508.1m (down 12% from 1Q 2025). Net income: ฿31.7m (down 11% from 1Q 2025). Profit margin: 6.2% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 28Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 05 May 2026. Payment date: 19 May 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 8.5%. Within top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (4.0%).
Declared Dividend • Feb 28Final dividend of ฿0.09 announcedDividend of ฿0.09 is the same as last year. Ex-date: 5th May 2026 Payment date: 19th May 2026 Dividend yield will be 8.1%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (158% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: ฿0.24 (vs ฿0.15 in FY 2024)Full year 2025 results: EPS: ฿0.24 (up from ฿0.15 in FY 2024). Revenue: ฿2.29b (up 7.3% from FY 2024). Net income: ฿139.7m (up 55% from FY 2024). Profit margin: 6.1% (up from 4.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Feb 26+ 1 more updateWinner Group Enterprise Public Company Limited Proposes Final Dividend for the Year 2025, Payable on May 19, 2026Winner Group Enterprise Public Company Limited Board resolved to propose the Annual General Meeting of Shareholders to consider and approve the appropriation of profit and annual dividend payment for the year 2025 to the Company's ordinary shareholders at the rate of THB 0.18 per share, totaling THB 107,995,439.16, The final dividend will be paid at the rate of THB 0.09 per share, totaling THB 53,997,719.58, comprising: Dividend of THB 0.0853 per share, paid from the unappropriated retained earnings which were subject to 20% corporate income tax; and Dividend of THB 0.0047 per share, paid from the profit exempted from corporate income tax under the investment promotion privileges (BOI). The Company has fixed the Record Date to determine the names of shareholders entitled to receive dividends on May 6, 2026, and the dividend payment is scheduled for May 19, 2026. Ex-dividend date May 5, 2026. However, the granting of such rights is still uncertain, as it is subject to the approval of the Shareholders' Meeting.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.06 (vs ฿0.03 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.06 (up from ฿0.03 in 3Q 2024). Revenue: ฿537.1m (up 14% from 3Q 2024). Net income: ฿33.9m (up 88% from 3Q 2024). Profit margin: 6.3% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
New Risk • Aug 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 168% Dividend yield: 7.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 93% Cash payout ratio: 168% Minor Risks High level of debt (47% net debt to equity). Market cap is less than US$100m (฿1.27b market cap, or US$39.2m).
Declared Dividend • Aug 15First half dividend increased to ฿0.09Dividend of ฿0.09 is 50% higher than last year. Ex-date: 27th August 2025 Payment date: 10th September 2025 Dividend yield will be 8.5%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but not covered by cash flows (168% cash payout ratio). The dividend has increased by an average of 3.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.05 (vs ฿0.041 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.05 (up from ฿0.041 in 2Q 2024). Revenue: ฿590.1m (up 6.6% from 2Q 2024). Net income: ฿28.5m (up 16% from 2Q 2024). Profit margin: 4.8% (up from 4.4% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
공시 • Jun 21An undisclosed buyer agreed to acquire 45% stake in Winner Agro Innovation Company Limited from Winner Group Enterprise Public Company Limited (SET:WINNER) for THB 0.28 million.An undisclosed buyer agreed to acquire 45% stake in Winner Agro Innovation Company Limited from Winner Group Enterprise Public Company Limited (SET:WINNER) for THB 0.28 million on June 20, 2025. A cash consideration of THB 0.28 million will be paid for 2,025,000 shares. The transaction has been approved by the board of Winner Group Enterprise Public Company Limited. The expected completion of the transaction is June 30, 2025.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿60.00 (vs ฿0.022 in 1Q 2024)First quarter 2025 results: EPS: ฿60.00 (up from ฿0.022 in 1Q 2024). Revenue: ฿575.1m (up 15% from 1Q 2024). Net income: ฿35.7m (up 169% from 1Q 2024). Profit margin: 6.2% (up from 2.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.09 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 20 May 2025. Payout ratio is on the higher end at 100%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (2.9%).
공시 • Apr 26Winner Group Enterprise Public Company Limited Approves Dividend for the Year 2024, Payable on May 20, 2025Winner Group Enterprise Public Company Limited at its AGM held on April 25, 2025 approved the appropriation of profit and annual dividend payment for the year 2024 as dividend payment of THB 0.15 per share, totaling THB 89,996,199.30. On September 10, 2024, The Company has already paid the interim dividends at the rate of THB 0.06 per share, totaling THB 35,998,479.72. Therefore, the remaining year-ended dividend to be paid is THB 0.09 per share, totaling THB 53,997,719.58. The Company will record the names of shareholders who are eligible to receive the dividend on May 7, 2025 (Record Date) and the dividend payment is scheduled to be made on May 20, 2025.
Reported Earnings • Feb 28Full year 2024 earnings released: EPS: ฿0.15 (vs ฿0.19 in FY 2023)Full year 2024 results: EPS: ฿0.15 (down from ฿0.19 in FY 2023). Revenue: ฿2.14b (up 3.2% from FY 2023). Net income: ฿90.2m (down 21% from FY 2023). Profit margin: 4.2% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.
공시 • Feb 27+ 1 more updateWinner Group Enterprise Public Company Limited Proposes Final Dividend for the Year 2024, Payable on May 20, 2025Winner Group Enterprise Public Company Limited announced that at its AGM to be held on April 25, 2025, to propose annual dividend payment for the year 2024 to the ordinary shareholders at THB 0.15 per share, with the total amount of THB 89,996,199.30. Of which THB 0.06 per share, with the total amount of THB 35,998,479.72 (paid out of the unappropriated retained earnings which subjected to 20% corporate income tax), was paid as an interim dividend on September 10, 2024. The final dividend payment will be THB 0.09 per share, totaling THB 53,997,719.58 (to be paid out of the unappropriated retained earnings which subjected to 20% corporate income tax) in accordance with the company's dividend policy. The company will record the names of shareholders who are eligible to receive dividends on May 7, 2025 (record date) and the dividend payment is scheduled to be made on May 20, 2025.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.028 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.03 (up from ฿0.028 in 3Q 2023). Revenue: ฿470.1m (up 2.1% from 3Q 2023). Net income: ฿18.1m (up 5.6% from 3Q 2023). Profit margin: 3.8% (up from 3.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 6% per year.
Declared Dividend • Aug 15First half dividend of ฿0.06 announcedShareholders will receive a dividend of ฿0.06. Ex-date: 27th August 2024 Payment date: 10th September 2024 Dividend yield will be 7.0%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Aug 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.5% per year over the past 5 years. Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿1.18b market cap, or US$33.6m).
Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.057 in 1Q 2023)First quarter 2024 results: EPS: ฿0.02 (down from ฿0.057 in 1Q 2023). Revenue: ฿501.3m (down 3.1% from 1Q 2023). Net income: ฿13.3m (down 61% from 1Q 2023). Profit margin: 2.6% (down from 6.6% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Apr 26+ 1 more updateWinner Group Enterprise Public Company Limited Approves Dividend for the Year 2023, Payable on May 10, 2024Winner Group Enterprise Public Company Limited announced that at the AGM held on April 24, 2024, approved the appropriation of profit and annual dividend payment for the year 2023 as dividend payment of THB 0.15 per share, with the total amount of THB 89,996,199.30. At September 8, 2023, The Company has already paid the interim dividends at the rate of THB 0.07 per share, with the total amount of THB 41,998,226.34. Therefore, the remaining year-ended dividend to be paid is THB 0.08 per share, with the total amount of THB 47,997,972.96. The Company will record the names of shareholders who are eligible to receive dividend on March 13, 2024 (Record Date). The dividend payment is scheduled to be made on May 10, 2024.
Upcoming Dividend • Mar 05Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 12 March 2024. Payment date: 10 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.2%. Lower than top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (2.0%).
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.19 (vs ฿0.016 in FY 2022)Full year 2023 results: EPS: ฿0.19 (up from ฿0.016 in FY 2022). Revenue: ฿2.07b (up 1.5% from FY 2022). Net income: ฿113.8m (up ฿104.4m from FY 2022). Profit margin: 5.5% (up from 0.5% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Mar 01Winner Group Enterprise Public Company Limited Proposes Dividend for the Year 2023, Payable on May 10, 2024Winner Group Enterprise Public Company Limited at its board meeting held on February 27, 2024, approved to propose at its Annual General Meeting of shareholders to be held on April 24, 2024, the appropriation of profit and annual dividend payment for the year 2023 to the ordinary shareholders at THB 0.15 per share, with the total amount of THB 89,996,199.30. Of which THB 0.07 per share, with the total amount of THB 41,998,226.34 (paid out of the unappropriated retained earnings which subjected to 20% corporate income tax), was paid as an interim dividend on September 8, 2023. The final dividend payment will be THB 0.08 per share, totaling THB 47,997,972.96 (to be paid out of the unappropriated retained earnings which subjected to 20% corporate income tax) in accordance with the Company's dividend policy. The Company will record the names of shareholders who are eligible to receive dividends on March 13, 2024 (Record Date) and the dividend payment is scheduled to be made on May 10, 2024. However, the grant of the rights to receive the dividend payment is uncertain since it has to be approved by the shareholders' meeting. Ex-dividend date is March 12, 2024.
Declared Dividend • Mar 01Dividend increased to ฿0.08Dividend of ฿0.08 is 14% higher than last year. Ex-date: 12th March 2024 Payment date: 10th May 2024 Dividend yield will be 6.6%, which is higher than the industry average of 1.7%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 10x earnings). However, it is well covered by cash flows (49% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 1,032% to bring the payout ratio under control. However, EPS has declined by 39% over the last 5 years so the company would need to reverse this trend.
공시 • Feb 05Winner Group Enterprise Public Company Limited Announces Demise of Warunee Varanyanond, Independent Director, Member of the Audit Committee, and Member of Nomination Remuneration and Corporate GovernanceWinner Group Enterprise Public Company Limited announced that Dr. Warunee Varanyanond, Independent Director, Member of the Audit Committee, and Member of Nomination Remuneration and Corporate Governance has passed away on February 4, 2024.
Upcoming Dividend • Aug 17Upcoming dividend of ฿0.07 per share at 5.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.7%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (1.5%).
New Risk • Aug 13New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.9% per year over the past 5 years. Minor Risks High level of debt (44% net debt to equity). Dividend is not well covered by earnings (dividend per share is over 7x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (฿1.40b market cap, or US$40.0m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.04 (vs ฿0.05 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.04 (down from ฿0.05 in 2Q 2022). Revenue: ฿498.4m (down 2.1% from 2Q 2022). Net income: ฿24.1m (down 20% from 2Q 2022). Profit margin: 4.8% (down from 5.9% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Aug 11Winner Group Enterprise Public Company Limited Announces Interim Cash Dividend Payment, Payable on September 8, 2023Winner Group Enterprise Public Company Limited announced interim cash dividend payment of THB 0.07 per share to common shareholders paid from retained earnings. Record date for the right to receive dividends is 25 August 2023. Ex-dividend date is 24 August 2023. Payment date is September 8, 2023.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.07 per share at 5.7% yieldEligible shareholders must have bought the stock before 13 March 2023. Payment date: 12 May 2023. Payout ratio is on the higher end at 86% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (1.4%).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Thipawan Uthaisang was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Aug 18Upcoming dividend of ฿0.06 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 09 September 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Aug 16Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: ฿508.9m (up 30% from 2Q 2021). Net income: ฿30.1m (up 96% from 2Q 2021). Profit margin: 5.9% (up from 3.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: ฿0.04 (up from ฿0.033 in 1Q 2021). Revenue: ฿451.9m (up 7.5% from 1Q 2021). Net income: ฿25.9m (up 30% from 1Q 2021). Profit margin: 5.7% (up from 4.7% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 8 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Thippawan Uthaisang was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 03Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 13 May 2022. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 5.1%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.3%).
Reported Earnings • Feb 24Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: ฿0.18 (up from ฿0.14 in FY 2020). Revenue: ฿1.81b (up 6.5% from FY 2020). Net income: ฿108.7m (up 29% from FY 2020). Profit margin: 6.0% (up from 5.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.9%. Earnings per share (EPS) exceeded analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.031 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿454.8m (up 7.3% from 3Q 2020). Net income: ฿24.2m (up 31% from 3Q 2020). Profit margin: 5.3% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 19Upcoming dividend of ฿0.014 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 20 October 2021. Trailing yield: 0.7%. Lower than top quartile of Thai dividend payers (5.0%). Lower than average of industry peers (1.9%).
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 23% share price gain to ฿3.84, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 27x in the Consumer Retailing industry in Thailand. Total returns to shareholders of 41% over the past three years.
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿3.46, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 29x in the Consumer Retailing industry in Thailand. Total returns to shareholders of 34% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.05 (vs ฿0.082 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿420.3m (down 5.9% from 1Q 2020). Net income: ฿19.9m (down 40% from 1Q 2020). Profit margin: 4.7% (down from 7.4% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿0.21 (vs ฿0.21 in FY 2019)The company reported a solid full year result with improved revenues, although earnings and profit margins were flat. Full year 2020 results: Revenue: ฿1.70b (up 3.0% from FY 2019). Net income: ฿84.5m (flat on FY 2019). Profit margin: 5.0% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Feb 05New 90-day high: ฿2.88The company is up 17% from its price of ฿2.46 on 06 November 2020. The Thai market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Jan 18New 90-day high: ฿2.76The company is up 14% from its price of ฿2.42 on 20 October 2020. The Thai market is up 26% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Dec 17New 90-day high: ฿2.72The company is up 9.0% from its price of ฿2.50 on 18 September 2020. The Thai market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 1.0% over the same period.
Is New 90 Day High Low • Nov 27New 90-day high: ฿2.66The company is up 2.0% from its price of ฿2.62 on 28 August 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 2.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS ฿0.05The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿423.7m (up 18% from 3Q 2019). Net income: ฿18.4m (up 66% from 3Q 2019). Profit margin: 4.4% (up from 3.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Oct 20New 90-day low: ฿2.42The company is down 18% from its price of ฿2.96 on 22 July 2020. The Thai market is down 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 12% over the same period.