View Future GrowthAlucon 과거 순이익 실적과거 기준 점검 5/6Alucon은 연평균 9.9%의 비율로 수입이 증가해 온 반면, Packaging 산업은 수입이 5.5% 증가했습니다. 매출은 연평균 4.4%의 비율로 증가했습니다. Alucon의 자기자본이익률은 13.7%이고 순이익률은 15.5%입니다.핵심 정보9.91%순이익 성장률9.91%주당순이익(EPS) 성장률Packaging 산업 성장률0.64%매출 성장률4.36%자기자본이익률13.70%순이익률15.52%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿7.78 (vs ฿6.37 in 1Q 2025)First quarter 2026 results: EPS: ฿7.78 (up from ฿6.37 in 1Q 2025). Revenue: ฿1.88b (up 4.7% from 1Q 2025). Net income: ฿336.2m (up 22% from 1Q 2025). Profit margin: 18% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 21Full year 2025 earnings released: EPS: ฿23.48 (vs ฿18.08 in FY 2024)Full year 2025 results: EPS: ฿23.48 (up from ฿18.08 in FY 2024). Revenue: ฿7.35b (up 18% from FY 2024). Net income: ฿1.01b (up 30% from FY 2024). Profit margin: 14% (up from 13% 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 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: ฿4.78 (vs ฿1.07 in 3Q 2024)Third quarter 2025 results: EPS: ฿4.78 (up from ฿1.07 in 3Q 2024). Revenue: ฿1.78b (up 6.3% from 3Q 2024). Net income: ฿206.4m (up 347% from 3Q 2024). Profit margin: 12% (up from 2.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿8.23 (vs ฿5.31 in 2Q 2024)Second quarter 2025 results: EPS: ฿8.23 (up from ฿5.31 in 2Q 2024). Revenue: ฿2.05b (up 33% from 2Q 2024). Net income: ฿355.4m (up 55% from 2Q 2024). Profit margin: 17% (up from 15% 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 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿6.37 (vs ฿6.69 in 1Q 2024)First quarter 2025 results: EPS: ฿6.37 (down from ฿6.69 in 1Q 2024). Revenue: ฿1.86b (up 27% from 1Q 2024). Net income: ฿275.3m (down 4.7% from 1Q 2024). Profit margin: 15% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿18.08 (vs ฿11.72 in FY 2023)Full year 2024 results: EPS: ฿18.08 (up from ฿11.72 in FY 2023). Revenue: ฿6.47b (up 5.6% from FY 2023). Net income: ฿781.1m (up 54% from FY 2023). Profit margin: 12% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: ฿7.78 (vs ฿6.37 in 1Q 2025)First quarter 2026 results: EPS: ฿7.78 (up from ฿6.37 in 1Q 2025). Revenue: ฿1.88b (up 4.7% from 1Q 2025). Net income: ฿336.2m (up 22% from 1Q 2025). Profit margin: 18% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. Non-Executive Independent Director Nobuaki Isono was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 29Upcoming dividend of ฿16.00 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (3.6%).Reported Earnings • Feb 21Full year 2025 earnings released: EPS: ฿23.48 (vs ฿18.08 in FY 2024)Full year 2025 results: EPS: ฿23.48 (up from ฿18.08 in FY 2024). Revenue: ฿7.35b (up 18% from FY 2024). Net income: ฿1.01b (up 30% from FY 2024). Profit margin: 14% (up from 13% 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 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Declared Dividend • Feb 21Dividend increased to ฿16.00Dividend of ฿16.00 is 33% higher than last year. Ex-date: 6th May 2026 Payment date: 15th May 2026 Dividend yield will be 7.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (154% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Feb 20+ 1 more updateAlucon Public Company Limited announces Annual dividend, payable on May 15, 2026Alucon Public Company Limited announced Annual dividend of THB 14.1800 per share payable on May 15, 2026, ex-date on May 06, 2026 and record date on May 07, 2026.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: ฿4.78 (vs ฿1.07 in 3Q 2024)Third quarter 2025 results: EPS: ฿4.78 (up from ฿1.07 in 3Q 2024). Revenue: ฿1.78b (up 6.3% from 3Q 2024). Net income: ฿206.4m (up 347% from 3Q 2024). Profit margin: 12% (up from 2.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿8.23 (vs ฿5.31 in 2Q 2024)Second quarter 2025 results: EPS: ฿8.23 (up from ฿5.31 in 2Q 2024). Revenue: ฿2.05b (up 33% from 2Q 2024). Net income: ฿355.4m (up 55% from 2Q 2024). Profit margin: 17% (up from 15% 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 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿6.37 (vs ฿6.69 in 1Q 2024)First quarter 2025 results: EPS: ฿6.37 (down from ฿6.69 in 1Q 2024). Revenue: ฿1.86b (up 27% from 1Q 2024). Net income: ฿275.3m (down 4.7% from 1Q 2024). Profit margin: 15% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Apr 22Alucon Public Company Limited Approves Dividend for the Year 2024, Payable on 15 May 2025Alucon Public Company Limited at its AGM held on April 21, 2025, approved to pay dividend in cash at the rate of THB 12.00 per share for the year 2024. In such dividend payment, the Company will deduct withholding income tax as required by law at the rate of 10% of the total amount of dividend to be paid. Thus, the Company shall deduct the withholding tax in an amount of THB 1.20 with the balance of dividend paid in cash being THB 10.80 per share and the total amount of dividend payment will be equivalent to THB 518,399,832. Furthermore, the Board of Directors resolved to propose the shareholders' meeting to consider the Record Date for the right of shareholders to receive the dividend on 29 April 2025 and the dividend payment shall be made on 15 May 2025.Upcoming Dividend • Apr 21Upcoming dividend of ฿12.00 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 15 May 2025. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.6%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.0%).Declared Dividend • Mar 02Dividend increased to ฿12.00Dividend of ฿12.00 is 50% higher than last year. Ex-date: 28th April 2025 Payment date: 15th May 2025 Dividend yield will be 6.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Feb 26Alucon Public Company Limited Proposes Dividend for the Operating Period from 01 January 2024 to 31 December 2024, Payable on 15 May 2025The Board of Directors of Alucon Public Company Limited proposed to the shareholders' meeting to be held on 21 April 2025 to approve the dividend payment of THB 12.00 per share for the operating period from 01 January 2024 to 31 December 2024. In such dividend payment, the Company will deduct withholding income tax as required by law at the rate of 10% of total amount of dividend to be paid. Thus, the Company shall deduct the withholding tax in an amount of THB 1.20 with the balance of dividend paid in cash being THB 10.80 per share and the total amount of dividend payment will be equivalent to THB 518,399,832. Furthermore, the Board of Directors resolved to propose the shareholders' meeting to consider the Record Date for the right of shareholders to receive the dividend on 29 April 2025 and the dividend payment shall be made on 15 May 2025. Ex-dividend date is 28 April 2025. Par value is THB 10.00.Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿18.08 (vs ฿11.72 in FY 2023)Full year 2024 results: EPS: ฿18.08 (up from ฿11.72 in FY 2023). Revenue: ฿6.47b (up 5.6% from FY 2023). Net income: ฿781.1m (up 54% from FY 2023). Profit margin: 12% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Feb 25Alucon Public Company Limited, Annual General Meeting, Apr 21, 2025Alucon Public Company Limited, Annual General Meeting, Apr 21, 2025, at 10:00 SE Asia Standard Time. Location: mr211 second floor of bangkok international trade, & exhibition centre (bitec) located at no., 88 bangna trad, km.1, bangna district, bangkok -, metropolis,thailand district, bangkok ThailandReported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿1.07 (vs ฿4.88 in 3Q 2023)Third quarter 2024 results: EPS: ฿1.07 (down from ฿4.88 in 3Q 2023). Revenue: ฿1.73b (up 17% from 3Q 2023). Net income: ฿46.2m (down 78% from 3Q 2023). Profit margin: 2.7% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.공시 • Aug 30Alucon Public Company Limited Announces Change in Chief Financial OfficerAlucon Public Company Limited announced change in Chief Financial Officer. The company announced termination of Mrs. Theerapha Thirapatana (Deputy) as Chief Financial Officer. Effective date of termination is August 30, 2024. The company also announced appointment of Mrs. Tharnthip Choktumstit (deputy) as Chief Financial Officer. Effective date of appointment is August 30, 2024.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿5.31 (vs ฿3.67 in 2Q 2023)Second quarter 2024 results: EPS: ฿5.31 (up from ฿3.67 in 2Q 2023). Revenue: ฿1.60b (up 8.3% from 2Q 2023). Net income: ฿229.6m (up 45% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿6.69 (vs ฿1.46 in 1Q 2023)First quarter 2024 results: EPS: ฿6.69 (up from ฿1.46 in 1Q 2023). Revenue: ฿1.52b (down 7.5% from 1Q 2023). Net income: ฿288.9m (up 359% from 1Q 2023). Profit margin: 19% (up from 3.8% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Non-Executive Independent Director Nobuaki Isono was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Apr 25Upcoming dividend of ฿8.00 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (6.0%). Higher than average of industry peers (2.6%).Declared Dividend • Feb 25Dividend of ฿8.00 announcedShareholders will receive a dividend of ฿8.00. Ex-date: 2nd May 2024 Payment date: 15th May 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 3.6% 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 decline by 9.0% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.8% EPS decline seen over the last 5 years.Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿11.72 (vs ฿15.26 in FY 2022)Full year 2023 results: EPS: ฿11.72 (down from ฿15.26 in FY 2022). Revenue: ฿6.34b (down 8.5% from FY 2022). Net income: ฿506.5m (down 23% from FY 2022). Profit margin: 8.0% (down from 9.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Feb 24Alucon Public Company Limited, Annual General Meeting, Apr 23, 2024Alucon Public Company Limited, Annual General Meeting, Apr 23, 2024, at 10:00 SE Asia Standard Time. Location: MR211, 2nd Floor of Bangkok International Trade & Exhibition Centre (BITEC) located at No. 88 Bangna-Trad Road, Km. 1, Bangna District Bangkok Thailand Agenda: To consider and approve the Minutes of the Annual General Meeting of Shareholders No. 63; to acknowledge the Company's Annual Report and Operation Results in the fiscal year 2023; to consider and approve the Company's Financial Statements: Statement of Financial Position and Statement of Comprehensive Income for the year ended 31st December 2023; to consider and approve the allocation of profits derived from operating results for the year 2023 and dividend payment; and to consider other matters.Buy Or Sell Opportunity • Feb 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.3% to ฿180. The fair value is estimated to be ฿148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 5.7%.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿4.88 (vs ฿5.27 in 3Q 2022)Third quarter 2023 results: EPS: ฿4.88 (down from ฿5.27 in 3Q 2022). Revenue: ฿1.54b (down 14% from 3Q 2022). Net income: ฿210.7m (down 7.4% from 3Q 2022). Profit margin: 14% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿3.67 (vs ฿4.69 in 2Q 2022)Second quarter 2023 results: EPS: ฿3.67 (down from ฿4.69 in 2Q 2022). Revenue: ฿1.53b (down 13% from 2Q 2022). Net income: ฿158.4m (down 22% from 2Q 2022). Profit margin: 10% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿1.46 (vs ฿3.10 in 1Q 2022)First quarter 2023 results: EPS: ฿1.46 (down from ฿3.10 in 1Q 2022). Revenue: ฿1.69b (down 2.9% from 1Q 2022). Net income: ฿63.0m (down 53% from 1Q 2022). Profit margin: 3.7% (down from 7.7% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 21Upcoming dividend of ฿10.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 66% and the cash payout ratio is 86%. Trailing yield: 5.2%. Lower than top quartile of Thai dividend payers (6.0%). Higher than average of industry peers (2.4%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿5.27 (vs ฿4.50 in 3Q 2021)Third quarter 2022 results: EPS: ฿5.27 (up from ฿4.50 in 3Q 2021). Revenue: ฿1.80b (up 22% from 3Q 2021). Net income: ฿227.6m (up 17% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 9 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Vibool Uer-Anant 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.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿4.69 (vs ฿4.64 in 2Q 2021)Second quarter 2022 results: EPS: ฿4.69 (up from ฿4.64 in 2Q 2021). Revenue: ฿1.75b (up 27% from 2Q 2021). Net income: ฿202.5m (flat on 2Q 2021). Profit margin: 12% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿3.10 (vs ฿4.52 in 1Q 2021)First quarter 2022 results: EPS: ฿3.10 (down from ฿4.52 in 1Q 2021). Revenue: ฿1.78b (up 31% from 1Q 2021). Net income: ฿133.9m (down 31% from 1Q 2021). Profit margin: 7.5% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Apr 27Upcoming dividend of ฿10.00 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (2.3%).Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿16.30 (up from ฿15.49 in FY 2020). Revenue: ฿5.88b (up 19% from FY 2020). Net income: ฿704.2m (up 5.3% from FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿4.50 (vs ฿3.13 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ฿1.52b (up 44% from 3Q 2020). Net income: ฿194.4m (up 44% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿4.64 (vs ฿2.95 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.42b (up 9.4% from 2Q 2020). Net income: ฿200.6m (up 58% from 2Q 2020). Profit margin: 14% (up from 9.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿4.52 (vs ฿6.27 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.39b (down 4.1% from 1Q 2020). Net income: ฿195.2m (down 28% from 1Q 2020). Profit margin: 14% (down from 19% in 1Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.Upcoming Dividend • Apr 20Upcoming dividend of ฿10.00 per shareEligible shareholders must have bought the stock before 27 April 2021. Payment date: 14 May 2021. Trailing yield: 5.4%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.9%).Is New 90 Day High Low • Mar 05New 90-day high: ฿172The company is up 2.0% from its price of ฿169 on 03 December 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 8.0% over the same period.Reported Earnings • Feb 27Full year 2020 earnings released: EPS ฿15.49 (vs ฿12.32 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿5.04b (down 8.3% from FY 2019). Net income: ฿669.0m (up 26% from FY 2019). Profit margin: 13% (up from 9.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Dec 14New 90-day high: ฿171The company is up 11% from its price of ฿153 on 15 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 2.0% over the same period.Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿3.13The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.08b (down 18% from 3Q 2019). Net income: ฿135.1m (up 6.9% from 3Q 2019). Profit margin: 13% (up from 9.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Nov 05New 90-day high: ฿158The company is up 6.0% from its price of ฿149 on 07 August 2020. The Thai market is down 8.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Packaging industry, which is also up 6.0% over the same period.Is New 90 Day High Low • Sep 28New 90-day high: ฿154The company is up 9.0% from its price of ฿141 on 30 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 21% over the same period.매출 및 비용 세부 내역Alucon가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SET:ALUCON 매출, 비용 및 순이익 (THB Millions)날짜매출순이익일반관리비연구개발비31 Mar 266,9281,075268031 Dec 256,9091,014267030 Sep 256,8461,054272030 Jun 256,810893268031 Mar 256,545768267031 Dec 246,218781269030 Sep 246,192639261030 Jun 246,002804254031 Mar 245,941732256031 Dec 236,124506263030 Sep 236,241528295030 Jun 236,556544325031 Mar 236,832588357031 Dec 226,928659386030 Sep 226,802678398030 Jun 226,475645391031 Mar 226,100643375031 Dec 215,713704351030 Sep 215,339726321030 Jun 214,919667304031 Mar 214,836593290031 Dec 204,928669282030 Sep 205,054665274030 Jun 205,312657281031 Mar 205,474642293031 Dec 195,497532292030 Sep 195,795607304030 Jun 196,083683309031 Mar 196,190751308031 Dec 186,304720315030 Sep 186,276679312030 Jun 186,154609315031 Mar 186,127667311031 Dec 176,099784309030 Sep 176,037868310030 Jun 176,061999304031 Mar 176,0971,052304031 Dec 166,0521,070308030 Sep 166,0841,044305030 Jun 165,971983303031 Mar 165,856891304031 Dec 155,770775299030 Sep 155,561663298030 Jun 155,6286622990양질의 수익: ALUCON는 고품질 수익을 보유하고 있습니다.이익 마진 증가: ALUCON의 현재 순 이익률 (15.5%)은 지난해 (11.7%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ALUCON의 수익은 지난 5년 동안 연평균 9.9% 증가했습니다.성장 가속화: 지난 1년간 ALUCON 의 수익 증가율(40.1%)은 연간 평균(9.9%)을 초과합니다.수익 대 산업: ALUCON의 지난 1년 수익 증가율(40.1%)은 Packaging 업계의 4.2%를 상회했습니다.자기자본이익률높은 ROE: ALUCON의 자본 수익률(13.7%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 08:53종가2026/05/20 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 소스Alucon Public Company Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿7.78 (vs ฿6.37 in 1Q 2025)First quarter 2026 results: EPS: ฿7.78 (up from ฿6.37 in 1Q 2025). Revenue: ฿1.88b (up 4.7% from 1Q 2025). Net income: ฿336.2m (up 22% from 1Q 2025). Profit margin: 18% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 21Full year 2025 earnings released: EPS: ฿23.48 (vs ฿18.08 in FY 2024)Full year 2025 results: EPS: ฿23.48 (up from ฿18.08 in FY 2024). Revenue: ฿7.35b (up 18% from FY 2024). Net income: ฿1.01b (up 30% from FY 2024). Profit margin: 14% (up from 13% 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 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: ฿4.78 (vs ฿1.07 in 3Q 2024)Third quarter 2025 results: EPS: ฿4.78 (up from ฿1.07 in 3Q 2024). Revenue: ฿1.78b (up 6.3% from 3Q 2024). Net income: ฿206.4m (up 347% from 3Q 2024). Profit margin: 12% (up from 2.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿8.23 (vs ฿5.31 in 2Q 2024)Second quarter 2025 results: EPS: ฿8.23 (up from ฿5.31 in 2Q 2024). Revenue: ฿2.05b (up 33% from 2Q 2024). Net income: ฿355.4m (up 55% from 2Q 2024). Profit margin: 17% (up from 15% 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 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿6.37 (vs ฿6.69 in 1Q 2024)First quarter 2025 results: EPS: ฿6.37 (down from ฿6.69 in 1Q 2024). Revenue: ฿1.86b (up 27% from 1Q 2024). Net income: ฿275.3m (down 4.7% from 1Q 2024). Profit margin: 15% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿18.08 (vs ฿11.72 in FY 2023)Full year 2024 results: EPS: ฿18.08 (up from ฿11.72 in FY 2023). Revenue: ฿6.47b (up 5.6% from FY 2023). Net income: ฿781.1m (up 54% from FY 2023). Profit margin: 12% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: ฿7.78 (vs ฿6.37 in 1Q 2025)First quarter 2026 results: EPS: ฿7.78 (up from ฿6.37 in 1Q 2025). Revenue: ฿1.88b (up 4.7% from 1Q 2025). Net income: ฿336.2m (up 22% from 1Q 2025). Profit margin: 18% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. Non-Executive Independent Director Nobuaki Isono was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 29Upcoming dividend of ฿16.00 per shareEligible shareholders must have bought the stock before 06 May 2026. Payment date: 15 May 2026. Payout ratio is a comfortable 68% but the company is paying out more than the cash it is generating. Trailing yield: 6.7%. Lower than top quartile of Thai dividend payers (7.5%). Higher than average of industry peers (3.6%).
Reported Earnings • Feb 21Full year 2025 earnings released: EPS: ฿23.48 (vs ฿18.08 in FY 2024)Full year 2025 results: EPS: ฿23.48 (up from ฿18.08 in FY 2024). Revenue: ฿7.35b (up 18% from FY 2024). Net income: ฿1.01b (up 30% from FY 2024). Profit margin: 14% (up from 13% 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 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Feb 21Dividend increased to ฿16.00Dividend of ฿16.00 is 33% higher than last year. Ex-date: 6th May 2026 Payment date: 15th May 2026 Dividend yield will be 7.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but not covered by cash flows (154% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Feb 20+ 1 more updateAlucon Public Company Limited announces Annual dividend, payable on May 15, 2026Alucon Public Company Limited announced Annual dividend of THB 14.1800 per share payable on May 15, 2026, ex-date on May 06, 2026 and record date on May 07, 2026.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: ฿4.78 (vs ฿1.07 in 3Q 2024)Third quarter 2025 results: EPS: ฿4.78 (up from ฿1.07 in 3Q 2024). Revenue: ฿1.78b (up 6.3% from 3Q 2024). Net income: ฿206.4m (up 347% from 3Q 2024). Profit margin: 12% (up from 2.8% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿8.23 (vs ฿5.31 in 2Q 2024)Second quarter 2025 results: EPS: ฿8.23 (up from ฿5.31 in 2Q 2024). Revenue: ฿2.05b (up 33% from 2Q 2024). Net income: ฿355.4m (up 55% from 2Q 2024). Profit margin: 17% (up from 15% 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 11% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: ฿6.37 (vs ฿6.69 in 1Q 2024)First quarter 2025 results: EPS: ฿6.37 (down from ฿6.69 in 1Q 2024). Revenue: ฿1.86b (up 27% from 1Q 2024). Net income: ฿275.3m (down 4.7% from 1Q 2024). Profit margin: 15% (down from 20% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Apr 22Alucon Public Company Limited Approves Dividend for the Year 2024, Payable on 15 May 2025Alucon Public Company Limited at its AGM held on April 21, 2025, approved to pay dividend in cash at the rate of THB 12.00 per share for the year 2024. In such dividend payment, the Company will deduct withholding income tax as required by law at the rate of 10% of the total amount of dividend to be paid. Thus, the Company shall deduct the withholding tax in an amount of THB 1.20 with the balance of dividend paid in cash being THB 10.80 per share and the total amount of dividend payment will be equivalent to THB 518,399,832. Furthermore, the Board of Directors resolved to propose the shareholders' meeting to consider the Record Date for the right of shareholders to receive the dividend on 29 April 2025 and the dividend payment shall be made on 15 May 2025.
Upcoming Dividend • Apr 21Upcoming dividend of ฿12.00 per shareEligible shareholders must have bought the stock before 28 April 2025. Payment date: 15 May 2025. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.6%. Lower than top quartile of Thai dividend payers (7.9%). Higher than average of industry peers (5.0%).
Declared Dividend • Mar 02Dividend increased to ฿12.00Dividend of ฿12.00 is 50% higher than last year. Ex-date: 28th April 2025 Payment date: 15th May 2025 Dividend yield will be 6.7%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 8.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Feb 26Alucon Public Company Limited Proposes Dividend for the Operating Period from 01 January 2024 to 31 December 2024, Payable on 15 May 2025The Board of Directors of Alucon Public Company Limited proposed to the shareholders' meeting to be held on 21 April 2025 to approve the dividend payment of THB 12.00 per share for the operating period from 01 January 2024 to 31 December 2024. In such dividend payment, the Company will deduct withholding income tax as required by law at the rate of 10% of total amount of dividend to be paid. Thus, the Company shall deduct the withholding tax in an amount of THB 1.20 with the balance of dividend paid in cash being THB 10.80 per share and the total amount of dividend payment will be equivalent to THB 518,399,832. Furthermore, the Board of Directors resolved to propose the shareholders' meeting to consider the Record Date for the right of shareholders to receive the dividend on 29 April 2025 and the dividend payment shall be made on 15 May 2025. Ex-dividend date is 28 April 2025. Par value is THB 10.00.
Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿18.08 (vs ฿11.72 in FY 2023)Full year 2024 results: EPS: ฿18.08 (up from ฿11.72 in FY 2023). Revenue: ฿6.47b (up 5.6% from FY 2023). Net income: ฿781.1m (up 54% from FY 2023). Profit margin: 12% (up from 8.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Feb 25Alucon Public Company Limited, Annual General Meeting, Apr 21, 2025Alucon Public Company Limited, Annual General Meeting, Apr 21, 2025, at 10:00 SE Asia Standard Time. Location: mr211 second floor of bangkok international trade, & exhibition centre (bitec) located at no., 88 bangna trad, km.1, bangna district, bangkok -, metropolis,thailand district, bangkok Thailand
Reported Earnings • Nov 14Third quarter 2024 earnings released: EPS: ฿1.07 (vs ฿4.88 in 3Q 2023)Third quarter 2024 results: EPS: ฿1.07 (down from ฿4.88 in 3Q 2023). Revenue: ฿1.73b (up 17% from 3Q 2023). Net income: ฿46.2m (down 78% from 3Q 2023). Profit margin: 2.7% (down from 14% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.
공시 • Aug 30Alucon Public Company Limited Announces Change in Chief Financial OfficerAlucon Public Company Limited announced change in Chief Financial Officer. The company announced termination of Mrs. Theerapha Thirapatana (Deputy) as Chief Financial Officer. Effective date of termination is August 30, 2024. The company also announced appointment of Mrs. Tharnthip Choktumstit (deputy) as Chief Financial Officer. Effective date of appointment is August 30, 2024.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿5.31 (vs ฿3.67 in 2Q 2023)Second quarter 2024 results: EPS: ฿5.31 (up from ฿3.67 in 2Q 2023). Revenue: ฿1.60b (up 8.3% from 2Q 2023). Net income: ฿229.6m (up 45% from 2Q 2023). Profit margin: 14% (up from 11% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat.
Reported Earnings • May 15First quarter 2024 earnings released: EPS: ฿6.69 (vs ฿1.46 in 1Q 2023)First quarter 2024 results: EPS: ฿6.69 (up from ฿1.46 in 1Q 2023). Revenue: ฿1.52b (down 7.5% from 1Q 2023). Net income: ฿288.9m (up 359% from 1Q 2023). Profit margin: 19% (up from 3.8% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 9 highly experienced directors. Non-Executive Independent Director Nobuaki Isono was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Apr 25Upcoming dividend of ฿8.00 per shareEligible shareholders must have bought the stock before 02 May 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (6.0%). Higher than average of industry peers (2.6%).
Declared Dividend • Feb 25Dividend of ฿8.00 announcedShareholders will receive a dividend of ฿8.00. Ex-date: 2nd May 2024 Payment date: 15th May 2024 Dividend yield will be 4.4%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 3.6% 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 decline by 9.0% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.8% EPS decline seen over the last 5 years.
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿11.72 (vs ฿15.26 in FY 2022)Full year 2023 results: EPS: ฿11.72 (down from ฿15.26 in FY 2022). Revenue: ฿6.34b (down 8.5% from FY 2022). Net income: ฿506.5m (down 23% from FY 2022). Profit margin: 8.0% (down from 9.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Feb 24Alucon Public Company Limited, Annual General Meeting, Apr 23, 2024Alucon Public Company Limited, Annual General Meeting, Apr 23, 2024, at 10:00 SE Asia Standard Time. Location: MR211, 2nd Floor of Bangkok International Trade & Exhibition Centre (BITEC) located at No. 88 Bangna-Trad Road, Km. 1, Bangna District Bangkok Thailand Agenda: To consider and approve the Minutes of the Annual General Meeting of Shareholders No. 63; to acknowledge the Company's Annual Report and Operation Results in the fiscal year 2023; to consider and approve the Company's Financial Statements: Statement of Financial Position and Statement of Comprehensive Income for the year ended 31st December 2023; to consider and approve the allocation of profits derived from operating results for the year 2023 and dividend payment; and to consider other matters.
Buy Or Sell Opportunity • Feb 02Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 2.3% to ฿180. The fair value is estimated to be ฿148, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 5.7%.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿4.88 (vs ฿5.27 in 3Q 2022)Third quarter 2023 results: EPS: ฿4.88 (down from ฿5.27 in 3Q 2022). Revenue: ฿1.54b (down 14% from 3Q 2022). Net income: ฿210.7m (down 7.4% from 3Q 2022). Profit margin: 14% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿3.67 (vs ฿4.69 in 2Q 2022)Second quarter 2023 results: EPS: ฿3.67 (down from ฿4.69 in 2Q 2022). Revenue: ฿1.53b (down 13% from 2Q 2022). Net income: ฿158.4m (down 22% from 2Q 2022). Profit margin: 10% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿1.46 (vs ฿3.10 in 1Q 2022)First quarter 2023 results: EPS: ฿1.46 (down from ฿3.10 in 1Q 2022). Revenue: ฿1.69b (down 2.9% from 1Q 2022). Net income: ฿63.0m (down 53% from 1Q 2022). Profit margin: 3.7% (down from 7.7% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 21Upcoming dividend of ฿10.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 28 April 2023. Payment date: 15 May 2023. Payout ratio is a comfortable 66% and the cash payout ratio is 86%. Trailing yield: 5.2%. Lower than top quartile of Thai dividend payers (6.0%). Higher than average of industry peers (2.4%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿5.27 (vs ฿4.50 in 3Q 2021)Third quarter 2022 results: EPS: ฿5.27 (up from ฿4.50 in 3Q 2021). Revenue: ฿1.80b (up 22% from 3Q 2021). Net income: ฿227.6m (up 17% from 3Q 2021). Profit margin: 13% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 9 highly experienced directors. 5 independent directors (6 non-independent directors). Independent Director Vibool Uer-Anant 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.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿4.69 (vs ฿4.64 in 2Q 2021)Second quarter 2022 results: EPS: ฿4.69 (up from ฿4.64 in 2Q 2021). Revenue: ฿1.75b (up 27% from 2Q 2021). Net income: ฿202.5m (flat on 2Q 2021). Profit margin: 12% (down from 15% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿3.10 (vs ฿4.52 in 1Q 2021)First quarter 2022 results: EPS: ฿3.10 (down from ฿4.52 in 1Q 2021). Revenue: ฿1.78b (up 31% from 1Q 2021). Net income: ฿133.9m (down 31% from 1Q 2021). Profit margin: 7.5% (down from 14% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Apr 27Upcoming dividend of ฿10.00 per shareEligible shareholders must have bought the stock before 03 May 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 61% but the company is not cash flow positive. Trailing yield: 4.9%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (2.3%).
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿16.30 (up from ฿15.49 in FY 2020). Revenue: ฿5.88b (up 19% from FY 2020). Net income: ฿704.2m (up 5.3% from FY 2020). Profit margin: 12% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS ฿4.50 (vs ฿3.13 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ฿1.52b (up 44% from 3Q 2020). Net income: ฿194.4m (up 44% from 3Q 2020). Profit margin: 13% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿4.64 (vs ฿2.95 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.42b (up 9.4% from 2Q 2020). Net income: ฿200.6m (up 58% from 2Q 2020). Profit margin: 14% (up from 9.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿4.52 (vs ฿6.27 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿1.39b (down 4.1% from 1Q 2020). Net income: ฿195.2m (down 28% from 1Q 2020). Profit margin: 14% (down from 19% in 1Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.
Upcoming Dividend • Apr 20Upcoming dividend of ฿10.00 per shareEligible shareholders must have bought the stock before 27 April 2021. Payment date: 14 May 2021. Trailing yield: 5.4%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.9%).
Is New 90 Day High Low • Mar 05New 90-day high: ฿172The company is up 2.0% from its price of ฿169 on 03 December 2020. The Thai market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 8.0% over the same period.
Reported Earnings • Feb 27Full year 2020 earnings released: EPS ฿15.49 (vs ฿12.32 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ฿5.04b (down 8.3% from FY 2019). Net income: ฿669.0m (up 26% from FY 2019). Profit margin: 13% (up from 9.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Dec 14New 90-day high: ฿171The company is up 11% from its price of ฿153 on 15 September 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is up 2.0% over the same period.
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS ฿3.13The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.08b (down 18% from 3Q 2019). Net income: ฿135.1m (up 6.9% from 3Q 2019). Profit margin: 13% (up from 9.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Nov 05New 90-day high: ฿158The company is up 6.0% from its price of ฿149 on 07 August 2020. The Thai market is down 8.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Packaging industry, which is also up 6.0% over the same period.
Is New 90 Day High Low • Sep 28New 90-day high: ฿154The company is up 9.0% from its price of ฿141 on 30 June 2020. The Thai market is down 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 21% over the same period.