View Financial HealthSiam Technic Concrete 배당 및 자사주 매입배당 기준 점검 3/6Siam Technic Concrete 수익으로 충분히 충당되는 현재 수익률 3.74% 보유한 배당금 지급 회사입니다.핵심 정보3.7%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률-37.9%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향19%최근 배당 및 자사주 매입 업데이트Declared Dividend • Mar 01Dividend increased to ฿0.04Dividend of ฿0.04 is 18% higher than last year. Ex-date: 12th March 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 80% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.2% EPS decline seen over the last 5 years.공시 • Feb 27Siam Technic Concrete Public Company Limited announces Annual dividend, payable on May 22, 2026Siam Technic Concrete Public Company Limited announced Annual dividend of THB 0.0400 per share payable on May 22, 2026, ex-date on March 12, 2026 and record date on March 13, 2026.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.034 per shareEligible shareholders must have bought the stock before 13 March 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (5.3%).공시 • Apr 27Siam Technic Concrete Public Company Limited Approves Omission of DividendSiam Technic Concrete Public Company Limited announced at annual general meeting held on April 25, 2024, the shareholders approved omission of dividends payment.Upcoming Dividend • Mar 07Upcoming dividend of ฿0.026 per share at 1.3% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 19 May 2023. Trailing yield: 1.3%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.2%).모든 업데이트 보기Recent updatesReported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.20 (vs ฿0.16 in FY 2024)Full year 2025 results: EPS: ฿0.20 (up from ฿0.16 in FY 2024). Revenue: ฿2.20b (up 4.9% from FY 2024). Net income: ฿142.2m (up 21% from FY 2024). Profit margin: 6.5% (up from 5.6% 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 13% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Declared Dividend • Mar 01Dividend increased to ฿0.04Dividend of ฿0.04 is 18% higher than last year. Ex-date: 12th March 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 80% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.2% EPS decline seen over the last 5 years.공시 • Feb 27Siam Technic Concrete Public Company Limited announces Annual dividend, payable on May 22, 2026Siam Technic Concrete Public Company Limited announced Annual dividend of THB 0.0400 per share payable on May 22, 2026, ex-date on March 12, 2026 and record date on March 13, 2026.공시 • Feb 26Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 24, 2026Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 24, 2026, at 13:30 SE Asia Standard Time.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.027 (vs ฿0.046 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.027 (down from ฿0.046 in 3Q 2024). Revenue: ฿466.5m (down 15% from 3Q 2024). Net income: ฿19.7m (down 41% from 3Q 2024). Profit margin: 4.2% (down from 6.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.038 (vs ฿0.043 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.038 (down from ฿0.043 in 2Q 2024). Revenue: ฿545.0m (up 8.6% from 2Q 2024). Net income: ฿27.6m (down 12% from 2Q 2024). Profit margin: 5.1% (down from 6.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.10 (vs ฿0.048 in 1Q 2024)First quarter 2025 results: EPS: ฿0.10 (up from ฿0.048 in 1Q 2024). Revenue: ฿663.6m (up 21% from 1Q 2024). Net income: ฿73.1m (up 109% from 1Q 2024). Profit margin: 11% (up from 6.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.034 per shareEligible shareholders must have bought the stock before 13 March 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (5.3%).Reported Earnings • Feb 28Full year 2024 earnings released: EPS: ฿0.16 (vs ฿0.18 in FY 2023)Full year 2024 results: EPS: ฿0.16 (down from ฿0.18 in FY 2023). Revenue: ฿2.10b (up 4.8% from FY 2023). Net income: ฿117.3m (down 7.9% from FY 2023). Profit margin: 5.6% (down from 6.4% in FY 2023). The decrease in margin was driven by higher expenses. 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 27% per year, which means it is significantly lagging earnings.공시 • Feb 27+ 1 more updateSiam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2025Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2025, at 13:30 SE Asia Standard Time.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ฿0.043 (vs ฿0.055 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.043 (down from ฿0.055 in 2Q 2023). Revenue: ฿501.9m (down 4.0% from 2Q 2023). Net income: ฿31.2m (down 21% from 2Q 2023). Profit margin: 6.2% (down from 7.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.048 (vs ฿0.033 in 1Q 2023)First quarter 2024 results: EPS: ฿0.048 (up from ฿0.033 in 1Q 2023). Revenue: ฿547.7m (up 22% from 1Q 2023). Net income: ฿35.0m (up 45% from 1Q 2023). Profit margin: 6.4% (up from 5.4% in 1Q 2023). The increase in margin was driven by higher revenue.공시 • Apr 27Siam Technic Concrete Public Company Limited Approves Omission of DividendSiam Technic Concrete Public Company Limited announced at annual general meeting held on April 25, 2024, the shareholders approved omission of dividends payment.공시 • Feb 29Siam Technic Concrete Public Company Limited Announces CFO ChangesThe Meeting of the Board of Directors of Siam Technic Concrete Public Company Limited held on February 27, 2024 has the resolution to appoint Miss Nida Dhangwattanotai, Deputy Managing Director Accounting & Financial who will act as the Chief Financial Officer in place of Mr. Monthon Jaruvanaporn, who vacated the position due to retirement effective from 1 March 2024. In this regard, the company has considered appointing Mr. Monthon Jaruvanaporn being an advisor to the company in accounting and financial In order to continue working continuously.공시 • Feb 28Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2024Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2024, at 13:30 SE Asia Standard Time. Agenda: To acknowledge of the Company's performance of the year 2023 for the year ended 31 December 2023; to consider and approve the audited consolidated financial statements for the year ended 31 December 2023; to consider and approve the appropriation of profit as legal reserve and omission payment of dividend derived from operating results for the year ended 31 December 2023; to consider and approve the appointment of auditors, and their remuneration for the year 2024; to consider and approve the appointment of directors replacing those retired by rotation; to consider and approve the director's remuneration for the year 2024; and to acknowledge the change in purpose of using the Company's increased capital.New Risk • Feb 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (฿1.23b market cap, or US$34.2m).Reported Earnings • Feb 28Full year 2023 earnings released: EPS: ฿0.18 (vs ฿0.14 in FY 2022)Full year 2023 results: EPS: ฿0.18 (up from ฿0.14 in FY 2022). Revenue: ฿2.00b (down 5.8% from FY 2022). Net income: ฿127.4m (up 27% from FY 2022). Profit margin: 6.4% (up from 4.7% in FY 2022). The increase in margin was driven by lower expenses.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.042 (vs ฿0.013 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.042 (up from ฿0.013 in 3Q 2022). Revenue: ฿493.2m (up 12% from 3Q 2022). Net income: ฿30.5m (up 234% from 3Q 2022). Profit margin: 6.2% (up from 2.1% in 3Q 2022). The increase in margin was driven by higher revenue.New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 0.6% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risk Market cap is less than US$100m (฿1.46b market cap, or US$41.4m).Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.055 (vs ฿0.065 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.055 (down from ฿0.065 in 2Q 2022). Revenue: ฿523.3m (down 22% from 2Q 2022). Net income: ฿39.6m (down 16% from 2Q 2022). Profit margin: 7.6% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses.공시 • May 09Siam Technic Concrete Public Company Limited Appoints Weidt Nuchjalearn as Member of the Audit CommitteeSiam Technic Concrete Public Company Limited announced appointment of Mr. Weidt Nuchjalearn as Member of the audit committee, effective from April 28, 2023. The audit committee is consisted of: Chairman of the audit committee Mr. Than Siripokee; Member of the audit committee of Mr. Weidt Nuchjalearn; Member of the audit committee of Mr.Sukhun Prommayon.Upcoming Dividend • Mar 07Upcoming dividend of ฿0.026 per share at 1.3% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 19 May 2023. Trailing yield: 1.3%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.2%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿0.013 (vs ฿0.06 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.013 (down from ฿0.06 in 3Q 2021). Revenue: ฿441.4m (up 1.8% from 3Q 2021). Net income: ฿9.15m (down 78% from 3Q 2021). Profit margin: 2.1% (down from 9.4% in 3Q 2021). The decrease in margin was driven by higher expenses.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. 6 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). CEO & Vice Chairman Watchai Mongkolsrisawad was the last director to join the board, commencing their role in 2021. 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 • Nov 13Third quarter 2022 earnings released: EPS: ฿0.013 (vs ฿0.06 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.013 (down from ฿0.06 in 3Q 2021). Revenue: ฿441.5m (up 1.9% from 3Q 2021). Net income: ฿9.15m (down 78% from 3Q 2021). Profit margin: 2.1% (down from 9.4% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.065 (vs ฿0.04 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.065 (up from ฿0.04 in 2Q 2021). Net income: ฿47.4m (up 127% from 2Q 2021).Reported Earnings • May 15First quarter 2022 earnings released: EPS: ฿0.032 (vs ฿0.063 in 1Q 2021)First quarter 2022 results: EPS: ฿0.032 (down from ฿0.063 in 1Q 2021). Revenue: ฿512.7m (up 29% from 1Q 2021). Net income: ฿23.0m (down 30% from 1Q 2021). Profit margin: 4.5% (down from 8.3% in 1Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Feb 25Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.15 (down from ฿0.27 in FY 2020). Revenue: ฿1.54b (flat on FY 2020). Net income: ฿94.6m (down 33% from FY 2020). Profit margin: 6.1% (down from 9.1% in FY 2020). Revenue was in line with analyst estimates.Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿3.06, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 18x in the Basic Materials industry in Thailand.Reported Earnings • Jul 27First quarter 2021 earnings released: EPS ฿0.063 (vs ฿0.059 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: ฿397.7m (down 3.6% from 1Q 2020). Net income: ฿32.9m (up 6.2% from 1Q 2020). Profit margin: 8.3% (up from 7.5% in 1Q 2020). The increase in margin was driven by lower expenses.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: STECH 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: STECH 4 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Siam Technic Concrete 배당 수익률 vs 시장STECH의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (STECH)3.7%시장 하위 25% (TH)3.2%시장 상위 25% (TH)7.4%업계 평균 (Basic Materials)3.2%분석가 예측 (STECH) (최대 3년)n/a주목할만한 배당금: STECH 의 배당금( 3.74% )은 TH 시장에서 배당금 지급자의 하위 25%( 3.23% )보다 높습니다.고배당: STECH 의 배당금( 3.74% )은 TH 시장에서 배당금 지급자의 상위 25%( 7.37% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 18.7% )이 낮기 때문에 STECH 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 17.3% )이 낮기 때문에 STECH 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/21 21:53종가2026/06/19 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Siam Technic Concrete 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.
Declared Dividend • Mar 01Dividend increased to ฿0.04Dividend of ฿0.04 is 18% higher than last year. Ex-date: 12th March 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 80% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.2% EPS decline seen over the last 5 years.
공시 • Feb 27Siam Technic Concrete Public Company Limited announces Annual dividend, payable on May 22, 2026Siam Technic Concrete Public Company Limited announced Annual dividend of THB 0.0400 per share payable on May 22, 2026, ex-date on March 12, 2026 and record date on March 13, 2026.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.034 per shareEligible shareholders must have bought the stock before 13 March 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (5.3%).
공시 • Apr 27Siam Technic Concrete Public Company Limited Approves Omission of DividendSiam Technic Concrete Public Company Limited announced at annual general meeting held on April 25, 2024, the shareholders approved omission of dividends payment.
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.026 per share at 1.3% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 19 May 2023. Trailing yield: 1.3%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.2%).
Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.20 (vs ฿0.16 in FY 2024)Full year 2025 results: EPS: ฿0.20 (up from ฿0.16 in FY 2024). Revenue: ฿2.20b (up 4.9% from FY 2024). Net income: ฿142.2m (up 21% from FY 2024). Profit margin: 6.5% (up from 5.6% 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 13% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Declared Dividend • Mar 01Dividend increased to ฿0.04Dividend of ฿0.04 is 18% higher than last year. Ex-date: 12th March 2026 Payment date: 22nd May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 80% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.2% EPS decline seen over the last 5 years.
공시 • Feb 27Siam Technic Concrete Public Company Limited announces Annual dividend, payable on May 22, 2026Siam Technic Concrete Public Company Limited announced Annual dividend of THB 0.0400 per share payable on May 22, 2026, ex-date on March 12, 2026 and record date on March 13, 2026.
공시 • Feb 26Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 24, 2026Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 24, 2026, at 13:30 SE Asia Standard Time.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: ฿0.027 (vs ฿0.046 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.027 (down from ฿0.046 in 3Q 2024). Revenue: ฿466.5m (down 15% from 3Q 2024). Net income: ฿19.7m (down 41% from 3Q 2024). Profit margin: 4.2% (down from 6.0% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.038 (vs ฿0.043 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.038 (down from ฿0.043 in 2Q 2024). Revenue: ฿545.0m (up 8.6% from 2Q 2024). Net income: ฿27.6m (down 12% from 2Q 2024). Profit margin: 5.1% (down from 6.2% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.10 (vs ฿0.048 in 1Q 2024)First quarter 2025 results: EPS: ฿0.10 (up from ฿0.048 in 1Q 2024). Revenue: ฿663.6m (up 21% from 1Q 2024). Net income: ฿73.1m (up 109% from 1Q 2024). Profit margin: 11% (up from 6.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.034 per shareEligible shareholders must have bought the stock before 13 March 2025. Payment date: 23 May 2025. Payout ratio is a comfortable 21% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (5.3%).
Reported Earnings • Feb 28Full year 2024 earnings released: EPS: ฿0.16 (vs ฿0.18 in FY 2023)Full year 2024 results: EPS: ฿0.16 (down from ฿0.18 in FY 2023). Revenue: ฿2.10b (up 4.8% from FY 2023). Net income: ฿117.3m (down 7.9% from FY 2023). Profit margin: 5.6% (down from 6.4% in FY 2023). The decrease in margin was driven by higher expenses. 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 27% per year, which means it is significantly lagging earnings.
공시 • Feb 27+ 1 more updateSiam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2025Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2025, at 13:30 SE Asia Standard Time.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: ฿0.043 (vs ฿0.055 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.043 (down from ฿0.055 in 2Q 2023). Revenue: ฿501.9m (down 4.0% from 2Q 2023). Net income: ฿31.2m (down 21% from 2Q 2023). Profit margin: 6.2% (down from 7.6% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.048 (vs ฿0.033 in 1Q 2023)First quarter 2024 results: EPS: ฿0.048 (up from ฿0.033 in 1Q 2023). Revenue: ฿547.7m (up 22% from 1Q 2023). Net income: ฿35.0m (up 45% from 1Q 2023). Profit margin: 6.4% (up from 5.4% in 1Q 2023). The increase in margin was driven by higher revenue.
공시 • Apr 27Siam Technic Concrete Public Company Limited Approves Omission of DividendSiam Technic Concrete Public Company Limited announced at annual general meeting held on April 25, 2024, the shareholders approved omission of dividends payment.
공시 • Feb 29Siam Technic Concrete Public Company Limited Announces CFO ChangesThe Meeting of the Board of Directors of Siam Technic Concrete Public Company Limited held on February 27, 2024 has the resolution to appoint Miss Nida Dhangwattanotai, Deputy Managing Director Accounting & Financial who will act as the Chief Financial Officer in place of Mr. Monthon Jaruvanaporn, who vacated the position due to retirement effective from 1 March 2024. In this regard, the company has considered appointing Mr. Monthon Jaruvanaporn being an advisor to the company in accounting and financial In order to continue working continuously.
공시 • Feb 28Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2024Siam Technic Concrete Public Company Limited, Annual General Meeting, Apr 25, 2024, at 13:30 SE Asia Standard Time. Agenda: To acknowledge of the Company's performance of the year 2023 for the year ended 31 December 2023; to consider and approve the audited consolidated financial statements for the year ended 31 December 2023; to consider and approve the appropriation of profit as legal reserve and omission payment of dividend derived from operating results for the year ended 31 December 2023; to consider and approve the appointment of auditors, and their remuneration for the year 2024; to consider and approve the appointment of directors replacing those retired by rotation; to consider and approve the director's remuneration for the year 2024; and to acknowledge the change in purpose of using the Company's increased capital.
New Risk • Feb 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (฿1.23b market cap, or US$34.2m).
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: ฿0.18 (vs ฿0.14 in FY 2022)Full year 2023 results: EPS: ฿0.18 (up from ฿0.14 in FY 2022). Revenue: ฿2.00b (down 5.8% from FY 2022). Net income: ฿127.4m (up 27% from FY 2022). Profit margin: 6.4% (up from 4.7% in FY 2022). The increase in margin was driven by lower expenses.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.042 (vs ฿0.013 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.042 (up from ฿0.013 in 3Q 2022). Revenue: ฿493.2m (up 12% from 3Q 2022). Net income: ฿30.5m (up 234% from 3Q 2022). Profit margin: 6.2% (up from 2.1% in 3Q 2022). The increase in margin was driven by higher revenue.
New Risk • Aug 17New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Earnings have declined by 0.6% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Minor Risk Market cap is less than US$100m (฿1.46b market cap, or US$41.4m).
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ฿0.055 (vs ฿0.065 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.055 (down from ฿0.065 in 2Q 2022). Revenue: ฿523.3m (down 22% from 2Q 2022). Net income: ฿39.6m (down 16% from 2Q 2022). Profit margin: 7.6% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses.
공시 • May 09Siam Technic Concrete Public Company Limited Appoints Weidt Nuchjalearn as Member of the Audit CommitteeSiam Technic Concrete Public Company Limited announced appointment of Mr. Weidt Nuchjalearn as Member of the audit committee, effective from April 28, 2023. The audit committee is consisted of: Chairman of the audit committee Mr. Than Siripokee; Member of the audit committee of Mr. Weidt Nuchjalearn; Member of the audit committee of Mr.Sukhun Prommayon.
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.026 per share at 1.3% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 19 May 2023. Trailing yield: 1.3%. Lower than top quartile of Thai dividend payers (5.7%). Lower than average of industry peers (3.2%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿0.013 (vs ฿0.06 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.013 (down from ฿0.06 in 3Q 2021). Revenue: ฿441.4m (up 1.8% from 3Q 2021). Net income: ฿9.15m (down 78% from 3Q 2021). Profit margin: 2.1% (down from 9.4% in 3Q 2021). The decrease in margin was driven by higher expenses.
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. 6 experienced directors. No highly experienced directors. 1 independent director (6 non-independent directors). CEO & Vice Chairman Watchai Mongkolsrisawad was the last director to join the board, commencing their role in 2021. 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 • Nov 13Third quarter 2022 earnings released: EPS: ฿0.013 (vs ฿0.06 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.013 (down from ฿0.06 in 3Q 2021). Revenue: ฿441.5m (up 1.9% from 3Q 2021). Net income: ฿9.15m (down 78% from 3Q 2021). Profit margin: 2.1% (down from 9.4% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.065 (vs ฿0.04 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.065 (up from ฿0.04 in 2Q 2021). Net income: ฿47.4m (up 127% from 2Q 2021).
Reported Earnings • May 15First quarter 2022 earnings released: EPS: ฿0.032 (vs ฿0.063 in 1Q 2021)First quarter 2022 results: EPS: ฿0.032 (down from ฿0.063 in 1Q 2021). Revenue: ฿512.7m (up 29% from 1Q 2021). Net income: ฿23.0m (down 30% from 1Q 2021). Profit margin: 4.5% (down from 8.3% in 1Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Feb 25Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.15 (down from ฿0.27 in FY 2020). Revenue: ฿1.54b (flat on FY 2020). Net income: ฿94.6m (down 33% from FY 2020). Profit margin: 6.1% (down from 9.1% in FY 2020). Revenue was in line with analyst estimates.
Valuation Update With 7 Day Price Move • Feb 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿3.06, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 18x in the Basic Materials industry in Thailand.
Reported Earnings • Jul 27First quarter 2021 earnings released: EPS ฿0.063 (vs ฿0.059 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: ฿397.7m (down 3.6% from 1Q 2020). Net income: ฿32.9m (up 6.2% from 1Q 2020). Profit margin: 8.3% (up from 7.5% in 1Q 2020). The increase in margin was driven by lower expenses.