View Future GrowthSahakol Equipment 과거 순이익 실적과거 기준 점검 0/6Sahakol Equipment 의 수입은 연평균 -72.4%의 비율로 감소해 온 반면, Metals and Mining 산업은 연평균 14.8%의 비율로 감소했습니다. 매출은 연평균 5%의 비율로 감소해 왔습니다.핵심 정보-72.39%순이익 성장률-71.81%주당순이익(EPS) 성장률Metals and Mining 산업 성장률15.45%매출 성장률-5.02%자기자본이익률-58.28%순이익률-32.12%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.021 loss in 2Q 2024)Second quarter 2025 results: ฿0.05 loss per share (further deteriorated from ฿0.021 loss in 2Q 2024). Revenue: ฿916.8m (down 21% from 2Q 2024). Net loss: ฿52.8m (loss widened 121% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.041 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.041 in 1Q 2024). Revenue: ฿907.3m (down 33% from 1Q 2024). Net income: ฿7.57m (down 84% from 1Q 2024). Profit margin: 0.8% (down from 3.4% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 25Full year 2024 earnings released: ฿0.04 loss per share (vs ฿0.11 profit in FY 2023)Full year 2024 results: ฿0.04 loss per share (down from ฿0.11 profit in FY 2023). Revenue: ฿4.50b (down 27% from FY 2023). Net loss: ฿51.0m (down 139% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.035 profit in 2Q 2023)Second quarter 2024 results: ฿0.02 loss per share (down from ฿0.035 profit in 2Q 2023). Revenue: ฿1.15b (down 31% from 2Q 2023). Net loss: ฿23.9m (down 160% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.05 in 1Q 2023)First quarter 2024 results: EPS: ฿0.04 (down from ฿0.05 in 1Q 2023). Revenue: ฿1.36b (up 8.3% from 1Q 2023). Net income: ฿46.7m (down 13% from 1Q 2023). Profit margin: 3.4% (down from 4.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.27 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.27 in FY 2022). Revenue: ฿6.17b (up 18% from FY 2022). Net income: ฿130.5m (down 58% from FY 2022). Profit margin: 2.1% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.모든 업데이트 보기Recent updates공시 • Mar 18Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 22, 2026Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time.공시 • Jan 23Sahakol Equipment Public Company Limited Announces Change of Chief Accountant, Effective January 15, 2026Sahakol Equipment Public Company Limited announced that Miss Wikawee Klinkaew will terminate her position as Chief Accountant, Senior Vice President Accounting & Finance, effective January 15, 2026. Miss Munchu Kerdnoonwong will be appointed as Chief Accountant, Vice President of Accounting, effective January 15, 2026.공시 • Jan 19Sahakol Equipment Public Company Limited Announces Termination of Wikawee Klinkaew as Senior Vice President Accounting & Finance, Effective January 15, 2026Sahakol Equipment Public Company Limited announced the termination of Wikawee Klinkaew as Senior Vice President Accounting & Finance. Effective Date of Termination January 15, 2026.공시 • Nov 19Sahakol Equipment Public Company Limited Temporarily Halts Operations in Mae Moh 8 Project Due to Landslide IncidentSahakol Equipment Public Company Limited had a landslide incident in the Mae Moh mine operating area on November 4, 2025, which necessitated the temporary suspension of operations in the Mae Moh 8 Project. The Company is currently assessing the damage to assets and the impact on contractual operational plans. In light of the aforementioned factors, the Company finds it necessary to revise the Company's business plan as appropriated and aligned with the current changing circumstances. Including having sufficient up-to-date information for the Company's shareholders to make an informed decision.New Risk • Sep 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 38% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (฿551.6m market cap, or US$17.1m).Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.021 loss in 2Q 2024)Second quarter 2025 results: ฿0.05 loss per share (further deteriorated from ฿0.021 loss in 2Q 2024). Revenue: ฿916.8m (down 21% from 2Q 2024). Net loss: ฿52.8m (loss widened 121% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.041 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.041 in 1Q 2024). Revenue: ฿907.3m (down 33% from 1Q 2024). Net income: ฿7.57m (down 84% from 1Q 2024). Profit margin: 0.8% (down from 3.4% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.공시 • Apr 24Sahakol Equipment Public Company Limited Approves the Omission of Dividend Payment for the 2024Sahakol Equipment Public Company Limited at its Annual General Meeting of Shareholders, held on April 23, 2025, approved the omission of dividend payment for the 2024 performance from the separate financial statements for the fiscal year ended December 31, 2024, due to the loss in operating performance.New Risk • Apr 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 5x cash flows per share. Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿804.4m market cap, or US$23.1m).Buy Or Sell Opportunity • Mar 19Now 23% overvaluedOver the last 90 days, the stock has fallen 2.5% to ฿0.78. The fair value is estimated to be ฿0.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.공시 • Feb 25Sahakol Equipment Public Company Limited Auditor Raises 'Going Concern' DoubtSahakol Equipment Public Company Limited filed its Annual on Feb 24, 2025 for the period ending Dec 31, 2024. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.Reported Earnings • Feb 25Full year 2024 earnings released: ฿0.04 loss per share (vs ฿0.11 profit in FY 2023)Full year 2024 results: ฿0.04 loss per share (down from ฿0.11 profit in FY 2023). Revenue: ฿4.50b (down 27% from FY 2023). Net loss: ฿51.0m (down 139% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.공시 • Feb 21Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 23, 2025Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 23, 2025, at 14:00 SE Asia Standard Time. Location: broadcasted live at head office of, sahakol equipment public company limited, 47/10 soi amornphan 4, vibhavadeerangsit road, ladyao, chatuchak, bangkok ThailandBuy Or Sell Opportunity • Jan 29Now 26% overvaluedOver the last 90 days, the stock has fallen 9.7% to ฿0.84. The fair value is estimated to be ฿0.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Meanwhile, the company became loss making.New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (฿884.9m market cap, or US$26.2m).Buy Or Sell Opportunity • Dec 20Now 23% overvaluedOver the last 90 days, the stock has fallen 15% to ฿0.82. The fair value is estimated to be ฿0.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Meanwhile, the company became loss making.New Risk • Aug 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% The company is paying a dividend despite having no free cash flows. Dividend yield: 6.3% 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (฿907.8m market cap, or US$25.9m).Reported Earnings • Aug 16Second quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.035 profit in 2Q 2023)Second quarter 2024 results: ฿0.02 loss per share (down from ฿0.035 profit in 2Q 2023). Revenue: ฿1.15b (down 31% from 2Q 2023). Net loss: ฿23.9m (down 160% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.05 in 1Q 2023)First quarter 2024 results: EPS: ฿0.04 (down from ฿0.05 in 1Q 2023). Revenue: ฿1.36b (up 8.3% from 1Q 2023). Net income: ฿46.7m (down 13% from 1Q 2023). Profit margin: 3.4% (down from 4.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.공시 • Apr 19Sahakol Equipment Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on May 16, 2024Sahakol Equipment Public Company Limited announced at the AGM held on April 18, 2024, Approved the dividend payment for the Company's performance of year ended December 31, 2023, at the rate of THB 0.05 per share, for 1,149,160,000 shares, equivalent to 43.981 % of net profit, totaling THB 57,458,000 as proposed by the shareholders in the Meeting. The record date specifying the list of shareholders entitled to receive dividend is March 20, 2024, and the dividend payment shall be made on May 16, 2024.Upcoming Dividend • Mar 12Upcoming dividend of ฿0.045 per shareEligible shareholders must have bought the stock before 19 March 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (5.1%).Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.27 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.27 in FY 2022). Revenue: ฿6.17b (up 18% from FY 2022). Net income: ฿130.5m (down 58% from FY 2022). Profit margin: 2.1% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.공시 • Mar 02Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 18, 2024Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 18, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider adopt the Minutes of the 2023 Annual General Meeting of Shareholders held on April 12, 2023; to acknowledge the company's Annual Performance for the year 2023; to consider and approve the balance sheets and income statement with Auditor's report for the year ended December 31, 2023; and to consider other matters.공시 • Mar 01Sahakol Equipment Public Company Limited Proposes Dividend for the Year 2023, Payable on May 16, 2024Sahakol Equipment Public Company Limited informed the following resolutions of the Board of Directors' Meeting No.1/2024, held on February 29, 2024 passed resolutions as follows: To propose for approval of 2023 Dividend payment at the rate of THB 0.0455 per share, totaling THB 52,286,780. The date of determination of the list of shareholders entitled to receive dividends (Record date) would be on March 20, 2024 and the dividend payment would be made on May 16, 2024. However, such dividend payment is still uncertain as it needs to be approved by the Annual General Meeting of Shareholders for the year 2024.Reported Earnings • Nov 10Third quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.042 loss in 3Q 2022)Third quarter 2023 results: ฿0.01 loss per share (improved from ฿0.042 loss in 3Q 2022). Revenue: ฿1.46b (up 23% from 3Q 2022). Net loss: ฿13.0m (loss narrowed 73% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 16% per year.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.064 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.064 in 2Q 2022). Revenue: ฿1.67b (up 30% from 2Q 2022). Net income: ฿39.9m (down 46% from 2Q 2022). Profit margin: 2.4% (down from 5.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.18 in 1Q 2022)First quarter 2023 results: EPS: ฿0.05 (down from ฿0.18 in 1Q 2022). Revenue: ฿1.26b (up 1.3% from 1Q 2022). Net income: ฿54.0m (down 74% from 1Q 2022). Profit margin: 4.3% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.42, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 16x in the Metals and Mining industry in Thailand. Total loss to shareholders of 18% over the past three years.Upcoming Dividend • Mar 20Upcoming dividend of ฿0.11 per share at 5.7% yieldEligible shareholders must have bought the stock before 27 March 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of Thai dividend payers (5.4%). In line with average of industry peers (5.9%).Reported Earnings • Nov 19Third quarter 2022 earnings released: ฿0.042 loss per share (vs ฿0.019 profit in 3Q 2021)Third quarter 2022 results: ฿0.042 loss per share (down from ฿0.019 profit in 3Q 2021). Revenue: ฿1.19b (up 10% from 3Q 2021). Net loss: ฿48.5m (down 327% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Independent Chairman of the Board Pridiyathorn Devakula was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: ฿0.06 (vs ฿0.042 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.06 (up from ฿0.042 in 2Q 2021). Revenue: ฿1.28b (up 15% from 2Q 2021). Net income: ฿73.3m (up 51% from 2Q 2021). Profit margin: 5.7% (up from 4.3% 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 78% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • May 15First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.18 (down from ฿0.21 in 1Q 2021). Revenue: ฿1.24b (flat on 1Q 2021). Net income: ฿208.9m (down 13% from 1Q 2021). Profit margin: 17% (down from 19% in 1Q 2021). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Independent Chairman of the Board Pridiyathorn Devakula was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Upcoming Dividend • Mar 24Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.2%). Lower than average of industry peers (6.8%).Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.015 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ฿1.08b (flat on 3Q 2020). Net income: ฿21.4m (up 27% from 3Q 2020). Profit margin: 2.0% (up from 1.6% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ฿2.14, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 8x in the Metals and Mining industry in Thailand. Total loss to shareholders of 24% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.044 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: ฿1.12b (flat on 2Q 2020). Net income: ฿48.5m (down 4.2% from 2Q 2020). Profit margin: 4.3% (down from 4.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.21 (vs ฿0.089 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿1.23b (down 5.2% from 1Q 2020). Net income: ฿238.9m (up 134% from 1Q 2020). Profit margin: 19% (up from 7.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 14Investor sentiment improved over the past weekAfter last week's 22% share price gain to ฿2.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Metals and Mining industry in Asia. Total loss to shareholders of 16% over the past three years.Upcoming Dividend • Mar 29Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 05 April 2021. Payment date: 11 May 2021. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (4.9%). Lower than average of industry peers (4.3%).Is New 90 Day High Low • Mar 16New 90-day high: ฿2.12The company is up 15% from a price of ฿1.84 on 16 December 2020. Outperformed the Thai market which is up 6.0% over the last 90 days. Lagged the Metals and Mining industry, which is up 28% over the same period.Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Over the next year, revenue is expected to shrink by 15% compared to a 15% growth forecast for the Metals and Mining industry in Thailand.Is New 90 Day High Low • Jan 19New 90-day high: ฿2.10The company is up 35% from its price of ฿1.56 on 21 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 38% over the same period.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿2.10, the stock is trading at a trailing P/E ratio of 8.4x, up from the previous P/E ratio of 7.3x. This compares to an average P/E of 16x in the Metals and Mining industry in Thailand. Total return to shareholders over the past three years is a loss of 55%.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS ฿0.015The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿1.08b (up 24% from 3Q 2019). Net income: ฿16.9m (up ฿283.1m from 3Q 2019). Profit margin: 1.6% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Oct 29New 90-day low: ฿1.52The company is down 4.0% from its price of ฿1.59 on 31 July 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 Metals and Mining industry, which is also down 4.0% over the same period.매출 및 비용 세부 내역Sahakol Equipment가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이SET:SQ 매출, 비용 및 순이익 (THB Millions)날짜매출순이익일반관리비연구개발비31 Mar 262,968-953339031 Dec 253,303-747321030 Sep 253,730-93341030 Jun 253,808-119347031 Mar 254,046-90372031 Dec 244,498-51421030 Sep 245,164-52433030 Jun 245,75859532031 Mar 246,271123514031 Dec 236,167131506030 Sep 235,910155495030 Jun 235,638120366031 Mar 235,254153344031 Dec 225,238308295030 Sep 225,092276331030 Jun 224,980346383031 Mar 224,814321399031 Dec 214,803351440030 Sep 214,667380499030 Jun 214,679376472031 Mar 214,693378450031 Dec 204,771241436030 Sep 204,924286309030 Jun 204,7033307031 Mar 204,75611335031 Dec 194,6901325030 Sep 194,443-105336030 Jun 194,354-38327031 Mar 193,976-154307031 Dec 183,567-285294030 Sep 183,085-284291030 Jun 182,859-128253031 Mar 182,96596262031 Dec 173,154360280030 Sep 173,378525306030 Jun 173,469580324031 Mar 173,229478306031 Dec 162,891323282030 Sep 162,682258234030 Jun 162,380166248031 Mar 162,134139245031 Dec 151,868892490양질의 수익: SQ 은(는) 현재 수익성이 없습니다.이익 마진 증가: SQ는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: SQ은 수익성이 없으며 지난 5년 동안 손실이 연평균 72.4% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 SQ의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: SQ은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(-9.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: SQ는 현재 수익성이 없으므로 자본 수익률이 음수(-58.28%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 17:21종가2026/06/10 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sahakol Equipment Public Company Limited는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Wikij TirawannaratBualuang Securities PCLKarun IntrachaiKrungsri Securities Public Company Limited
Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.021 loss in 2Q 2024)Second quarter 2025 results: ฿0.05 loss per share (further deteriorated from ฿0.021 loss in 2Q 2024). Revenue: ฿916.8m (down 21% from 2Q 2024). Net loss: ฿52.8m (loss widened 121% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.041 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.041 in 1Q 2024). Revenue: ฿907.3m (down 33% from 1Q 2024). Net income: ฿7.57m (down 84% from 1Q 2024). Profit margin: 0.8% (down from 3.4% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 25Full year 2024 earnings released: ฿0.04 loss per share (vs ฿0.11 profit in FY 2023)Full year 2024 results: ฿0.04 loss per share (down from ฿0.11 profit in FY 2023). Revenue: ฿4.50b (down 27% from FY 2023). Net loss: ฿51.0m (down 139% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.035 profit in 2Q 2023)Second quarter 2024 results: ฿0.02 loss per share (down from ฿0.035 profit in 2Q 2023). Revenue: ฿1.15b (down 31% from 2Q 2023). Net loss: ฿23.9m (down 160% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.05 in 1Q 2023)First quarter 2024 results: EPS: ฿0.04 (down from ฿0.05 in 1Q 2023). Revenue: ฿1.36b (up 8.3% from 1Q 2023). Net income: ฿46.7m (down 13% from 1Q 2023). Profit margin: 3.4% (down from 4.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.27 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.27 in FY 2022). Revenue: ฿6.17b (up 18% from FY 2022). Net income: ฿130.5m (down 58% from FY 2022). Profit margin: 2.1% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
공시 • Mar 18Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 22, 2026Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 22, 2026, at 14:00 SE Asia Standard Time.
공시 • Jan 23Sahakol Equipment Public Company Limited Announces Change of Chief Accountant, Effective January 15, 2026Sahakol Equipment Public Company Limited announced that Miss Wikawee Klinkaew will terminate her position as Chief Accountant, Senior Vice President Accounting & Finance, effective January 15, 2026. Miss Munchu Kerdnoonwong will be appointed as Chief Accountant, Vice President of Accounting, effective January 15, 2026.
공시 • Jan 19Sahakol Equipment Public Company Limited Announces Termination of Wikawee Klinkaew as Senior Vice President Accounting & Finance, Effective January 15, 2026Sahakol Equipment Public Company Limited announced the termination of Wikawee Klinkaew as Senior Vice President Accounting & Finance. Effective Date of Termination January 15, 2026.
공시 • Nov 19Sahakol Equipment Public Company Limited Temporarily Halts Operations in Mae Moh 8 Project Due to Landslide IncidentSahakol Equipment Public Company Limited had a landslide incident in the Mae Moh mine operating area on November 4, 2025, which necessitated the temporary suspension of operations in the Mae Moh 8 Project. The Company is currently assessing the damage to assets and the impact on contractual operational plans. In light of the aforementioned factors, the Company finds it necessary to revise the Company's business plan as appropriated and aligned with the current changing circumstances. Including having sufficient up-to-date information for the Company's shareholders to make an informed decision.
New Risk • Sep 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 38% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (฿551.6m market cap, or US$17.1m).
Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.05 loss per share (vs ฿0.021 loss in 2Q 2024)Second quarter 2025 results: ฿0.05 loss per share (further deteriorated from ฿0.021 loss in 2Q 2024). Revenue: ฿916.8m (down 21% from 2Q 2024). Net loss: ฿52.8m (loss widened 121% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.041 in 1Q 2024)First quarter 2025 results: EPS: ฿0.01 (down from ฿0.041 in 1Q 2024). Revenue: ฿907.3m (down 33% from 1Q 2024). Net income: ฿7.57m (down 84% from 1Q 2024). Profit margin: 0.8% (down from 3.4% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance.
공시 • Apr 24Sahakol Equipment Public Company Limited Approves the Omission of Dividend Payment for the 2024Sahakol Equipment Public Company Limited at its Annual General Meeting of Shareholders, held on April 23, 2025, approved the omission of dividend payment for the 2024 performance from the separate financial statements for the fiscal year ended December 31, 2024, due to the loss in operating performance.
New Risk • Apr 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Dividend per share is over 5x cash flows per share. Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿804.4m market cap, or US$23.1m).
Buy Or Sell Opportunity • Mar 19Now 23% overvaluedOver the last 90 days, the stock has fallen 2.5% to ฿0.78. The fair value is estimated to be ฿0.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.
공시 • Feb 25Sahakol Equipment Public Company Limited Auditor Raises 'Going Concern' DoubtSahakol Equipment Public Company Limited filed its Annual on Feb 24, 2025 for the period ending Dec 31, 2024. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Reported Earnings • Feb 25Full year 2024 earnings released: ฿0.04 loss per share (vs ฿0.11 profit in FY 2023)Full year 2024 results: ฿0.04 loss per share (down from ฿0.11 profit in FY 2023). Revenue: ฿4.50b (down 27% from FY 2023). Net loss: ฿51.0m (down 139% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 38 percentage points per year, which is a significant difference in performance.
공시 • Feb 21Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 23, 2025Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 23, 2025, at 14:00 SE Asia Standard Time. Location: broadcasted live at head office of, sahakol equipment public company limited, 47/10 soi amornphan 4, vibhavadeerangsit road, ladyao, chatuchak, bangkok Thailand
Buy Or Sell Opportunity • Jan 29Now 26% overvaluedOver the last 90 days, the stock has fallen 9.7% to ฿0.84. The fair value is estimated to be ฿0.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (฿884.9m market cap, or US$26.2m).
Buy Or Sell Opportunity • Dec 20Now 23% overvaluedOver the last 90 days, the stock has fallen 15% to ฿0.82. The fair value is estimated to be ฿0.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Aug 16New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 98% The company is paying a dividend despite having no free cash flows. Dividend yield: 6.3% 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 Risks Interest payments are not well covered by earnings (1.4x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Paying a dividend despite having no free cash flows. Minor Risks Profit margins are more than 30% lower than last year (1.0% net profit margin). Market cap is less than US$100m (฿907.8m market cap, or US$25.9m).
Reported Earnings • Aug 16Second quarter 2024 earnings released: ฿0.02 loss per share (vs ฿0.035 profit in 2Q 2023)Second quarter 2024 results: ฿0.02 loss per share (down from ฿0.035 profit in 2Q 2023). Revenue: ฿1.15b (down 31% from 2Q 2023). Net loss: ฿23.9m (down 160% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 14First quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.05 in 1Q 2023)First quarter 2024 results: EPS: ฿0.04 (down from ฿0.05 in 1Q 2023). Revenue: ฿1.36b (up 8.3% from 1Q 2023). Net income: ฿46.7m (down 13% from 1Q 2023). Profit margin: 3.4% (down from 4.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
공시 • Apr 19Sahakol Equipment Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on May 16, 2024Sahakol Equipment Public Company Limited announced at the AGM held on April 18, 2024, Approved the dividend payment for the Company's performance of year ended December 31, 2023, at the rate of THB 0.05 per share, for 1,149,160,000 shares, equivalent to 43.981 % of net profit, totaling THB 57,458,000 as proposed by the shareholders in the Meeting. The record date specifying the list of shareholders entitled to receive dividend is March 20, 2024, and the dividend payment shall be made on May 16, 2024.
Upcoming Dividend • Mar 12Upcoming dividend of ฿0.045 per shareEligible shareholders must have bought the stock before 19 March 2024. Payment date: 16 May 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Thai dividend payers (5.9%). Lower than average of industry peers (5.1%).
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.11 (vs ฿0.27 in FY 2022)Full year 2023 results: EPS: ฿0.11 (down from ฿0.27 in FY 2022). Revenue: ฿6.17b (up 18% from FY 2022). Net income: ฿130.5m (down 58% from FY 2022). Profit margin: 2.1% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
공시 • Mar 02Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 18, 2024Sahakol Equipment Public Company Limited, Annual General Meeting, Apr 18, 2024, at 14:00 SE Asia Standard Time. Agenda: To consider adopt the Minutes of the 2023 Annual General Meeting of Shareholders held on April 12, 2023; to acknowledge the company's Annual Performance for the year 2023; to consider and approve the balance sheets and income statement with Auditor's report for the year ended December 31, 2023; and to consider other matters.
공시 • Mar 01Sahakol Equipment Public Company Limited Proposes Dividend for the Year 2023, Payable on May 16, 2024Sahakol Equipment Public Company Limited informed the following resolutions of the Board of Directors' Meeting No.1/2024, held on February 29, 2024 passed resolutions as follows: To propose for approval of 2023 Dividend payment at the rate of THB 0.0455 per share, totaling THB 52,286,780. The date of determination of the list of shareholders entitled to receive dividends (Record date) would be on March 20, 2024 and the dividend payment would be made on May 16, 2024. However, such dividend payment is still uncertain as it needs to be approved by the Annual General Meeting of Shareholders for the year 2024.
Reported Earnings • Nov 10Third quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.042 loss in 3Q 2022)Third quarter 2023 results: ฿0.01 loss per share (improved from ฿0.042 loss in 3Q 2022). Revenue: ฿1.46b (up 23% from 3Q 2022). Net loss: ฿13.0m (loss narrowed 73% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 16% per year.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.064 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.03 (down from ฿0.064 in 2Q 2022). Revenue: ฿1.67b (up 30% from 2Q 2022). Net income: ฿39.9m (down 46% from 2Q 2022). Profit margin: 2.4% (down from 5.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.18 in 1Q 2022)First quarter 2023 results: EPS: ฿0.05 (down from ฿0.18 in 1Q 2022). Revenue: ฿1.26b (up 1.3% from 1Q 2022). Net income: ฿54.0m (down 74% from 1Q 2022). Profit margin: 4.3% (down from 17% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ฿1.42, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 16x in the Metals and Mining industry in Thailand. Total loss to shareholders of 18% over the past three years.
Upcoming Dividend • Mar 20Upcoming dividend of ฿0.11 per share at 5.7% yieldEligible shareholders must have bought the stock before 27 March 2023. Payment date: 11 May 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.7%. Within top quartile of Thai dividend payers (5.4%). In line with average of industry peers (5.9%).
Reported Earnings • Nov 19Third quarter 2022 earnings released: ฿0.042 loss per share (vs ฿0.019 profit in 3Q 2021)Third quarter 2022 results: ฿0.042 loss per share (down from ฿0.019 profit in 3Q 2021). Revenue: ฿1.19b (up 10% from 3Q 2021). Net loss: ฿48.5m (down 327% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Independent Chairman of the Board Pridiyathorn Devakula was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: ฿0.06 (vs ฿0.042 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.06 (up from ฿0.042 in 2Q 2021). Revenue: ฿1.28b (up 15% from 2Q 2021). Net income: ฿73.3m (up 51% from 2Q 2021). Profit margin: 5.7% (up from 4.3% 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 78% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • May 15First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ฿0.18 (down from ฿0.21 in 1Q 2021). Revenue: ฿1.24b (flat on 1Q 2021). Net income: ฿208.9m (down 13% from 1Q 2021). Profit margin: 17% (down from 19% in 1Q 2021). Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Independent Chairman of the Board Pridiyathorn Devakula was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Upcoming Dividend • Mar 24Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 11 May 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (5.2%). Lower than average of industry peers (6.8%).
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.015 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ฿1.08b (flat on 3Q 2020). Net income: ฿21.4m (up 27% from 3Q 2020). Profit margin: 2.0% (up from 1.6% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to ฿2.14, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 8x in the Metals and Mining industry in Thailand. Total loss to shareholders of 24% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.04 (vs ฿0.044 in 2Q 2020)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: ฿1.12b (flat on 2Q 2020). Net income: ฿48.5m (down 4.2% from 2Q 2020). Profit margin: 4.3% (down from 4.5% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.21 (vs ฿0.089 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿1.23b (down 5.2% from 1Q 2020). Net income: ฿238.9m (up 134% from 1Q 2020). Profit margin: 19% (up from 7.9% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 14Investor sentiment improved over the past weekAfter last week's 22% share price gain to ฿2.62, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 13x in the Metals and Mining industry in Asia. Total loss to shareholders of 16% over the past three years.
Upcoming Dividend • Mar 29Upcoming dividend of ฿0.08 per shareEligible shareholders must have bought the stock before 05 April 2021. Payment date: 11 May 2021. Trailing yield: 3.6%. Lower than top quartile of Thai dividend payers (4.9%). Lower than average of industry peers (4.3%).
Is New 90 Day High Low • Mar 16New 90-day high: ฿2.12The company is up 15% from a price of ฿1.84 on 16 December 2020. Outperformed the Thai market which is up 6.0% over the last 90 days. Lagged the Metals and Mining industry, which is up 28% over the same period.
Analyst Estimate Surprise Post Earnings • Mar 03Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Over the next year, revenue is expected to shrink by 15% compared to a 15% growth forecast for the Metals and Mining industry in Thailand.
Is New 90 Day High Low • Jan 19New 90-day high: ฿2.10The company is up 35% from its price of ฿1.56 on 21 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 38% over the same period.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to ฿2.10, the stock is trading at a trailing P/E ratio of 8.4x, up from the previous P/E ratio of 7.3x. This compares to an average P/E of 16x in the Metals and Mining industry in Thailand. Total return to shareholders over the past three years is a loss of 55%.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS ฿0.015The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ฿1.08b (up 24% from 3Q 2019). Net income: ฿16.9m (up ฿283.1m from 3Q 2019). Profit margin: 1.6% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Oct 29New 90-day low: ฿1.52The company is down 4.0% from its price of ฿1.59 on 31 July 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 Metals and Mining industry, which is also down 4.0% over the same period.