Thai Coating Industrial (TCOAT) 주식 개요태국 코팅 산업 공사는 자회사와 함께 태국에서 플라스틱 자루와 비즈를 제조 및 판매하고 있습니다. 자세히 보기TCOAT 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적1/6재무 건전성6/6배당0/6강점올해부터 흑자전환위험 분석주식은 유동성이 매우 낮습니다지난 5년간 매년 수익이 19.8% 감소했습니다.의미 있는 시가총액이 없습니다(THB281M)재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기TCOAT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW495,827 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG495,827 investors already sharing narrativesYour Fair Value฿Current Price฿26.7554.5% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-4m817m2016201920222025202620282031Revenue ฿594.0mEarnings ฿3.0mAdvancedSet Fair ValueView all narrativesThai Coating Industrial Public Company Limited 경쟁사Thai Plastic Industrial (1994)Symbol: SET:TPLASMarket cap: ฿297.0mPMC Label MaterialsSymbol: SET:PMCMarket cap: ฿374.1mS. Pack & PrintSymbol: SET:SPACKMarket cap: ฿453.0mThai Packaging & PrintingSymbol: SET:TPPMarket cap: ฿468.8m가격 이력 및 성과Thai Coating Industrial 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가฿26.7552주 최고가฿31.5052주 최저가฿22.20베타0.121개월 변동-6.14%3개월 변동-3.60%1년 변동11.46%3년 변동2.88%5년 변동-2.73%IPO 이후 변동-59.47%최근 뉴스 및 업데이트Board Change • Jun 09Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 • May 21First quarter 2026 earnings released: EPS: ฿0.33 (vs ฿0.29 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.33 (up from ฿0.29 loss in 1Q 2025). Revenue: ฿177.1m (down 11% from 1Q 2025). Net income: ฿3.44m (up ฿6.50m from 1Q 2025). Profit margin: 1.9% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Board Change • May 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 29Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Declared Dividend • Mar 24Dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 8th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%.공시 • Mar 22Thai Coating Industrial Public Company Limited announces Annual dividend, payable on May 26, 2026Thai Coating Industrial Public Company Limited announced Annual dividend of THB 0.5000 per share payable on May 26, 2026, ex-date on April 08, 2026 and record date on April 09, 2026.더 많은 업데이트 보기Recent updatesBoard Change • Jun 09Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 • May 21First quarter 2026 earnings released: EPS: ฿0.33 (vs ฿0.29 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.33 (up from ฿0.29 loss in 1Q 2025). Revenue: ฿177.1m (down 11% from 1Q 2025). Net income: ฿3.44m (up ฿6.50m from 1Q 2025). Profit margin: 1.9% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Board Change • May 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 29Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Declared Dividend • Mar 24Dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 8th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%.공시 • Mar 22Thai Coating Industrial Public Company Limited announces Annual dividend, payable on May 26, 2026Thai Coating Industrial Public Company Limited announced Annual dividend of THB 0.5000 per share payable on May 26, 2026, ex-date on April 08, 2026 and record date on April 09, 2026.공시 • Mar 20Thai Coating Industrial Public Company Limited, Annual General Meeting, Apr 30, 2026Thai Coating Industrial Public Company Limited, Annual General Meeting, Apr 30, 2026, at 10:30 SE Asia Standard Time. Location: at thai coating industrial public company limited, 99/9 moo 5 sai 304 road , nongprong , srimahapo, prachinburi 25140, ThailandBoard Change • Mar 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jan 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Dec 11Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 18Third quarter 2025 earnings released: EPS: ฿0.34 (vs ฿0.36 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.34 (down from ฿0.36 in 3Q 2024). Revenue: ฿158.1m (down 5.1% from 3Q 2024). Net income: ฿3.58m (down 5.5% from 3Q 2024). Profit margin: 2.3% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Board Change • Sep 10Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Aug 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 16Second quarter 2025 earnings released: EPS: ฿0.47 (vs ฿0.30 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.47 (up from ฿0.30 in 2Q 2024). Revenue: ฿196.3m (up 10% from 2Q 2024). Net income: ฿4.91m (up 55% from 2Q 2024). Profit margin: 2.5% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Aug 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jul 22Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Jun 12Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • May 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 17First quarter 2025 earnings released: ฿0.29 loss per share (vs ฿0.41 profit in 1Q 2024)First quarter 2025 results: ฿0.29 loss per share (down from ฿0.41 profit in 1Q 2024). Revenue: ฿200.0m (down 4.4% from 1Q 2024). Net loss: ฿3.05m (down 171% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • May 07Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Apr 30Thai Coating Industrial Public Company Limited Approves Dividend for Year 2025, Payable on May 26 , 2025Thai Coating Industrial Public Company Limited at the AGM held on April 30, 2025, approved allocate net profit for legal reserves to pay dividends for year 2025 at THB 0.50 per share from unappropriated retained earning to 20% corporate income tax on May 26, 2025.Declared Dividend • Mar 17Dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 4th April 2025 Payment date: 26th May 2025 Dividend yield will be 2.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years.공시 • Mar 15+ 1 more updateThai Coating Industrial Public Company Limited announces Annual dividend, payable on May 26, 2025Thai Coating Industrial Public Company Limited announced Annual dividend of THB 0.5000 per share payable on May 26, 2025, ex-date on April 04, 2025 and record date on April 08, 2025.New Risk • Mar 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 24% per year over the past 5 years. Market cap is less than US$10m (฿256.2m market cap, or US$7.60m). Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 03Full year 2024 earnings released: EPS: ฿0.33 (vs ฿0.30 in FY 2023)Full year 2024 results: EPS: ฿0.33 (up from ฿0.30 in FY 2023). Revenue: ฿692.2m (flat on FY 2023). Net income: ฿3.50m (up 9.8% from FY 2023). Profit margin: 0.5% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿27.50, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 9x in the Packaging industry in Thailand. Total loss to shareholders of 9.8% over the past three years.Board Change • Jan 06Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ฿31.75, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 11x in the Packaging industry in Thailand. Total returns to shareholders of 18% over the past three years.Board Change • Sep 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • May 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 107% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (฿267.8m market cap, or US$7.35m). Minor Risk Large one-off items impacting financial results.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.41 (vs ฿0.32 in 1Q 2023)First quarter 2024 results: EPS: ฿0.41 (up from ฿0.32 in 1Q 2023). Revenue: ฿209.9m (up 1.6% from 1Q 2023). Net income: ฿4.32m (up 28% from 1Q 2023). Profit margin: 2.1% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Apr 30Thai Coating Industrial Public Company Limited Approves Dividend for Year 2024, Payable on May 24, 2024Thai Coating Industrial Public Company Limited at the AGM held on April 29, 2024, approved allocate net profit for legal reserves to pay dividends for year 2024 at THB 0.50 per share from unappropriated retained earning to 20% corporate income tax on May 24, 2024.Board Change • Apr 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 28Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 04 April 2024. Payment date: 24 May 2024. The company last paid an ordinary dividend in May 2013. The average dividend yield among industry peers is 2.8%.공시 • Mar 22+ 1 more updateThai Coating Industrial Public Company Limited, Annual General Meeting, Apr 29, 2024Thai Coating Industrial Public Company Limited, Annual General Meeting, Apr 29, 2024, at 10:30 SE Asia Standard Time. Location: Thai coating Industrial Public Company Limited 99/9 Moo 5 Sai 304 Road, Nongprong, Srimahapo, Prachinburi Thailand Agenda: To consider certify the minutes of the ordinary general meeting (#1/2023) held on April 28,2023; To acknowledge the overall operations of the Company for 2023; Approve the Company's balance sheets, profit and loss statements as at December 31,2023; To acknowledge and approve dividend payment for the year 2024; To consider the re-appoint the directors replacing those retired by rotation And their remuneration for the year 2024; To appoint the auditors and fix the auditor's fee for the year 2024; Other matters. ( if any ).New Risk • Mar 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 107% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (฿248.9m market cap, or US$7.03m). Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.30 (vs ฿0.58 loss in FY 2022)Full year 2023 results: EPS: ฿0.30 (up from ฿0.58 loss in FY 2022). Revenue: ฿692.4m (down 13% from FY 2022). Net income: ฿3.19m (up ฿9.25m from FY 2022). Profit margin: 0.5% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Mar 01Now 22% undervaluedOver the last 90 days, the stock has risen 8.2% to ฿25.00. The fair value is estimated to be ฿31.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ฿31.00, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 14x in the Packaging industry in Thailand. Total returns to shareholders of 23% over the past three years.Board Change • Feb 09Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jan 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 16Third quarter 2023 earnings released: ฿0.096 loss per share (vs ฿0.65 loss in 3Q 2022)Third quarter 2023 results: ฿0.096 loss per share (improved from ฿0.65 loss in 3Q 2022). Revenue: ฿159.3m (down 23% from 3Q 2022). Net loss: ฿1.00m (loss narrowed 85% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Board Change • Sep 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.28 (vs ฿0.15 loss in 2Q 2022)Second quarter 2023 results: EPS: ฿0.28 (up from ฿0.15 loss in 2Q 2022). Revenue: ฿178.4m (down 14% from 2Q 2022). Net income: ฿2.90m (up ฿4.43m from 2Q 2022). Profit margin: 1.6% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.Reported Earnings • May 20First quarter 2023 earnings released: EPS: ฿0.32 (vs ฿0.031 in 1Q 2022)First quarter 2023 results: EPS: ฿0.32 (up from ฿0.031 in 1Q 2022). Revenue: ฿207.4m (up 13% from 1Q 2022). Net income: ฿3.38m (up ฿3.05m from 1Q 2022). Profit margin: 1.6% (up from 0.2% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.Board Change • Jan 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 20Third quarter 2022 earnings released: ฿0.65 loss per share (vs ฿0.17 profit in 3Q 2021)Third quarter 2022 results: ฿0.65 loss per share (down from ฿0.17 profit in 3Q 2021). Revenue: ฿208.0m (up 22% from 3Q 2021). Net loss: ฿6.78m (down 469% from profit in 3Q 2021). 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.Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Aug 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 17Second quarter 2022 earnings released: ฿0.15 loss per share (vs ฿0.43 profit in 2Q 2021)Second quarter 2022 results: ฿0.15 loss per share (down from ฿0.43 profit in 2Q 2021). Revenue: ฿207.2m (up 2.4% from 2Q 2021). Net loss: ฿1.54m (down 134% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Board Change • Jul 22Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jun 24Thai Coating Industrial Public Company Limited Announces Board and Committee ChangesThe Board of Director's Meeting No 2/2022 of Thai coating industrial public company limited. Held on June 21, 2022 passed the following resolutions: Associate Professor Pranam Kowinwipat Independent Director, Member of the Audit Committee and Chairman of the Audit Committee, Associate Professor Dr.Burmroong Sukphan Independent Director and Member of the Audit Committee, Appointment of 2 new directors, which shall be effective on 21 June 2022 as follow: Mr. Weera Punpisootchai Independent Director and Member of the Audit Committee, Mr.Suraphol Tisayukata Independent Director and Member of the Audit Committee and approved the appointment of Dr. Wichai Laohmatvanich to be the Chairman of the Audit Committee of the company in place of Associate Professor Pranam Kowinwipat who has resigned from his position. This appointment is effective from June 21,2022.Board Change • May 31Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Mar 28Upcoming dividend of ฿0.55 per shareEligible shareholders must have bought the stock before 04 April 2022. Payment date: 25 May 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.1%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (2.3%).Board Change • Mar 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. 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 • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.42 (down from ฿1.16 in FY 2020). Revenue: ฿722.7m (up 3.9% from FY 2020). Net income: ฿4.39m (down 64% from FY 2020). Profit margin: 0.6% (down from 1.7% 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 fallen by 40% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Board Change • Jan 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. 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 18Third quarter 2021 earnings released: EPS ฿0.17 (vs ฿0.77 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿170.1m (down 1.0% from 3Q 2020). Net income: ฿1.84m (down 77% from 3Q 2020). Profit margin: 1.1% (down from 4.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Board Change • Nov 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. 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 19Second quarter 2021 earnings released: EPS ฿0.43 (vs ฿0.48 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ฿202.3m (up 9.0% from 2Q 2020). Net income: ฿4.56m (down 8.9% from 2Q 2020). Profit margin: 2.3% (down from 2.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.26 (vs ฿0.24 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: ฿200.9m (up 1.3% from 1Q 2020). Net income: ฿2.68m (up 7.5% from 1Q 2020). Profit margin: 1.3% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Apr 30Thai Coating Industrial Public Company Limited Approves Dividend for the Year 2021Thai Coating Industrial Public Company Limited approved the dividends for year 2021 at THB 0.90 per share from Unappropriated Retained Earning of net profit Promoted Operations on May 25, 2021 at its AGM held on April 29, 2021.Upcoming Dividend • Mar 29Upcoming dividend of ฿0.90 per shareEligible shareholders must have bought the stock before 05 April 2021. Payment date: 25 May 2021. Trailing yield: 3.1%. Lower than top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (2.0%).Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿1.16 (vs ฿0.69 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: ฿695.8m (down 10% from FY 2019). Net income: ฿12.2m (up 67% from FY 2019). Profit margin: 1.7% (up from 0.9% 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 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings.주주 수익률TCOATTH PackagingTH 시장7D0%3.9%4.5%1Y11.5%46.5%45.1%전체 주주 수익률 보기수익률 대 산업: TCOAT은 지난 1년 동안 46.5%의 수익을 기록한 TH Packaging 산업보다 저조한 성과를 냈습니다.수익률 대 시장: TCOAT은 지난 1년 동안 45.1%를 기록한 TH 시장보다 저조한 성과를 냈습니다.주가 변동성Is TCOAT's price volatile compared to industry and market?TCOAT volatilityTCOAT Average Weekly Movementn/aPackaging Industry Average Movement3.5%Market Average Movement4.0%10% most volatile stocks in TH Market10.1%10% least volatile stocks in TH Market2.0%안정적인 주가: TCOAT의 주가는 지난 3개월 동안 TH 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine TCOAT의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트1978n/aLertchai Charoenapornwatanan/a태국 코팅 산업 공사는 자회사와 함께 태국에서 플라스틱 자루와 비즈를 제조 및 판매하고 있습니다. 이 회사는 1978년에 설립되었으며 태국 시마하팟에 본사를 두고 있습니다.더 보기Thai Coating Industrial Public Company Limited 기초 지표 요약Thai Coating Industrial의 순이익과 매출은 시가총액과 어떻게 비교됩니까?TCOAT 기초 통계시가총액฿280.88m순이익 (TTM)฿3.22m매출 (TTM)฿646.61m87.3x주가수익비율(P/E)0.4x주가매출비율(P/S)TCOAT는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표TCOAT 손익계산서 (TTM)매출฿646.61m매출원가฿603.07m총이익฿43.54m기타 비용฿40.32m순이익฿3.22m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.31총이익률6.73%순이익률0.50%부채/자본 비율0.004%TCOAT의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.9%현재 배당 수익률-226%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/04 13:52종가2026/06/25 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 소스Thai Coating Industrial 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.
Board Change • Jun 09Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 • May 21First quarter 2026 earnings released: EPS: ฿0.33 (vs ฿0.29 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.33 (up from ฿0.29 loss in 1Q 2025). Revenue: ฿177.1m (down 11% from 1Q 2025). Net income: ฿3.44m (up ฿6.50m from 1Q 2025). Profit margin: 1.9% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Board Change • May 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 29Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Declared Dividend • Mar 24Dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 8th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%.
공시 • Mar 22Thai Coating Industrial Public Company Limited announces Annual dividend, payable on May 26, 2026Thai Coating Industrial Public Company Limited announced Annual dividend of THB 0.5000 per share payable on May 26, 2026, ex-date on April 08, 2026 and record date on April 09, 2026.
Board Change • Jun 09Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 • May 21First quarter 2026 earnings released: EPS: ฿0.33 (vs ฿0.29 loss in 1Q 2025)First quarter 2026 results: EPS: ฿0.33 (up from ฿0.29 loss in 1Q 2025). Revenue: ฿177.1m (down 11% from 1Q 2025). Net income: ฿3.44m (up ฿6.50m from 1Q 2025). Profit margin: 1.9% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Board Change • May 13Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 29Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Declared Dividend • Mar 24Dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 8th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%.
공시 • Mar 22Thai Coating Industrial Public Company Limited announces Annual dividend, payable on May 26, 2026Thai Coating Industrial Public Company Limited announced Annual dividend of THB 0.5000 per share payable on May 26, 2026, ex-date on April 08, 2026 and record date on April 09, 2026.
공시 • Mar 20Thai Coating Industrial Public Company Limited, Annual General Meeting, Apr 30, 2026Thai Coating Industrial Public Company Limited, Annual General Meeting, Apr 30, 2026, at 10:30 SE Asia Standard Time. Location: at thai coating industrial public company limited, 99/9 moo 5 sai 304 road , nongprong , srimahapo, prachinburi 25140, Thailand
Board Change • Mar 17Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jan 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Dec 11Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 18Third quarter 2025 earnings released: EPS: ฿0.34 (vs ฿0.36 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.34 (down from ฿0.36 in 3Q 2024). Revenue: ฿158.1m (down 5.1% from 3Q 2024). Net income: ฿3.58m (down 5.5% from 3Q 2024). Profit margin: 2.3% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Board Change • Sep 10Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Aug 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. 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 16Second quarter 2025 earnings released: EPS: ฿0.47 (vs ฿0.30 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.47 (up from ฿0.30 in 2Q 2024). Revenue: ฿196.3m (up 10% from 2Q 2024). Net income: ฿4.91m (up 55% from 2Q 2024). Profit margin: 2.5% (up from 1.8% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Aug 05Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jul 22Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Jun 12Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • May 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 17First quarter 2025 earnings released: ฿0.29 loss per share (vs ฿0.41 profit in 1Q 2024)First quarter 2025 results: ฿0.29 loss per share (down from ฿0.41 profit in 1Q 2024). Revenue: ฿200.0m (down 4.4% from 1Q 2024). Net loss: ฿3.05m (down 171% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • May 07Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Apr 30Thai Coating Industrial Public Company Limited Approves Dividend for Year 2025, Payable on May 26 , 2025Thai Coating Industrial Public Company Limited at the AGM held on April 30, 2025, approved allocate net profit for legal reserves to pay dividends for year 2025 at THB 0.50 per share from unappropriated retained earning to 20% corporate income tax on May 26, 2025.
Declared Dividend • Mar 17Dividend of ฿0.50 announcedDividend of ฿0.50 is the same as last year. Ex-date: 4th April 2025 Payment date: 26th May 2025 Dividend yield will be 2.0%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (15% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 36% to shift the payout ratio to a potentially unsustainable range, which is more than the 14% EPS decline seen over the last 5 years.
공시 • Mar 15+ 1 more updateThai Coating Industrial Public Company Limited announces Annual dividend, payable on May 26, 2025Thai Coating Industrial Public Company Limited announced Annual dividend of THB 0.5000 per share payable on May 26, 2025, ex-date on April 04, 2025 and record date on April 08, 2025.
New Risk • Mar 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 24% per year over the past 5 years. Market cap is less than US$10m (฿256.2m market cap, or US$7.60m). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 03Full year 2024 earnings released: EPS: ฿0.33 (vs ฿0.30 in FY 2023)Full year 2024 results: EPS: ฿0.33 (up from ฿0.30 in FY 2023). Revenue: ฿692.2m (flat on FY 2023). Net income: ฿3.50m (up 9.8% from FY 2023). Profit margin: 0.5% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 22Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ฿27.50, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 9x in the Packaging industry in Thailand. Total loss to shareholders of 9.8% over the past three years.
Board Change • Jan 06Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improves as stock rises 26%After last week's 26% share price gain to ฿31.75, the stock trades at a trailing P/E ratio of 75.8x. Average trailing P/E is 11x in the Packaging industry in Thailand. Total returns to shareholders of 18% over the past three years.
Board Change • Sep 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • May 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 107% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (฿267.8m market cap, or US$7.35m). Minor Risk Large one-off items impacting financial results.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.41 (vs ฿0.32 in 1Q 2023)First quarter 2024 results: EPS: ฿0.41 (up from ฿0.32 in 1Q 2023). Revenue: ฿209.9m (up 1.6% from 1Q 2023). Net income: ฿4.32m (up 28% from 1Q 2023). Profit margin: 2.1% (up from 1.6% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Apr 30Thai Coating Industrial Public Company Limited Approves Dividend for Year 2024, Payable on May 24, 2024Thai Coating Industrial Public Company Limited at the AGM held on April 29, 2024, approved allocate net profit for legal reserves to pay dividends for year 2024 at THB 0.50 per share from unappropriated retained earning to 20% corporate income tax on May 24, 2024.
Board Change • Apr 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 28Upcoming dividend of ฿0.50 per shareEligible shareholders must have bought the stock before 04 April 2024. Payment date: 24 May 2024. The company last paid an ordinary dividend in May 2013. The average dividend yield among industry peers is 2.8%.
공시 • Mar 22+ 1 more updateThai Coating Industrial Public Company Limited, Annual General Meeting, Apr 29, 2024Thai Coating Industrial Public Company Limited, Annual General Meeting, Apr 29, 2024, at 10:30 SE Asia Standard Time. Location: Thai coating Industrial Public Company Limited 99/9 Moo 5 Sai 304 Road, Nongprong, Srimahapo, Prachinburi Thailand Agenda: To consider certify the minutes of the ordinary general meeting (#1/2023) held on April 28,2023; To acknowledge the overall operations of the Company for 2023; Approve the Company's balance sheets, profit and loss statements as at December 31,2023; To acknowledge and approve dividend payment for the year 2024; To consider the re-appoint the directors replacing those retired by rotation And their remuneration for the year 2024; To appoint the auditors and fix the auditor's fee for the year 2024; Other matters. ( if any ).
New Risk • Mar 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 107% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (฿248.9m market cap, or US$7.03m). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.30 (vs ฿0.58 loss in FY 2022)Full year 2023 results: EPS: ฿0.30 (up from ฿0.58 loss in FY 2022). Revenue: ฿692.4m (down 13% from FY 2022). Net income: ฿3.19m (up ฿9.25m from FY 2022). Profit margin: 0.5% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Mar 01Now 22% undervaluedOver the last 90 days, the stock has risen 8.2% to ฿25.00. The fair value is estimated to be ฿31.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ฿31.00, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 14x in the Packaging industry in Thailand. Total returns to shareholders of 23% over the past three years.
Board Change • Feb 09Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jan 19Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 16Third quarter 2023 earnings released: ฿0.096 loss per share (vs ฿0.65 loss in 3Q 2022)Third quarter 2023 results: ฿0.096 loss per share (improved from ฿0.65 loss in 3Q 2022). Revenue: ฿159.3m (down 23% from 3Q 2022). Net loss: ฿1.00m (loss narrowed 85% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Board Change • Sep 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: ฿0.28 (vs ฿0.15 loss in 2Q 2022)Second quarter 2023 results: EPS: ฿0.28 (up from ฿0.15 loss in 2Q 2022). Revenue: ฿178.4m (down 14% from 2Q 2022). Net income: ฿2.90m (up ฿4.43m from 2Q 2022). Profit margin: 1.6% (up from net loss in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 20First quarter 2023 earnings released: EPS: ฿0.32 (vs ฿0.031 in 1Q 2022)First quarter 2023 results: EPS: ฿0.32 (up from ฿0.031 in 1Q 2022). Revenue: ฿207.4m (up 13% from 1Q 2022). Net income: ฿3.38m (up ฿3.05m from 1Q 2022). Profit margin: 1.6% (up from 0.2% in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.
Board Change • Jan 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 20Third quarter 2022 earnings released: ฿0.65 loss per share (vs ฿0.17 profit in 3Q 2021)Third quarter 2022 results: ฿0.65 loss per share (down from ฿0.17 profit in 3Q 2021). Revenue: ฿208.0m (up 22% from 3Q 2021). Net loss: ฿6.78m (down 469% from profit in 3Q 2021). 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.
Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 30Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Aug 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 17Second quarter 2022 earnings released: ฿0.15 loss per share (vs ฿0.43 profit in 2Q 2021)Second quarter 2022 results: ฿0.15 loss per share (down from ฿0.43 profit in 2Q 2021). Revenue: ฿207.2m (up 2.4% from 2Q 2021). Net loss: ฿1.54m (down 134% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Board Change • Jul 22Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Weera Punpisootchai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jun 24Thai Coating Industrial Public Company Limited Announces Board and Committee ChangesThe Board of Director's Meeting No 2/2022 of Thai coating industrial public company limited. Held on June 21, 2022 passed the following resolutions: Associate Professor Pranam Kowinwipat Independent Director, Member of the Audit Committee and Chairman of the Audit Committee, Associate Professor Dr.Burmroong Sukphan Independent Director and Member of the Audit Committee, Appointment of 2 new directors, which shall be effective on 21 June 2022 as follow: Mr. Weera Punpisootchai Independent Director and Member of the Audit Committee, Mr.Suraphol Tisayukata Independent Director and Member of the Audit Committee and approved the appointment of Dr. Wichai Laohmatvanich to be the Chairman of the Audit Committee of the company in place of Associate Professor Pranam Kowinwipat who has resigned from his position. This appointment is effective from June 21,2022.
Board Change • May 31Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Mar 28Upcoming dividend of ฿0.55 per shareEligible shareholders must have bought the stock before 04 April 2022. Payment date: 25 May 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.1%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (2.3%).
Board Change • Mar 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. 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 • Mar 03Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.42 (down from ฿1.16 in FY 2020). Revenue: ฿722.7m (up 3.9% from FY 2020). Net income: ฿4.39m (down 64% from FY 2020). Profit margin: 0.6% (down from 1.7% 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 fallen by 40% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Board Change • Jan 21Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. 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 18Third quarter 2021 earnings released: EPS ฿0.17 (vs ฿0.77 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿170.1m (down 1.0% from 3Q 2020). Net income: ฿1.84m (down 77% from 3Q 2020). Profit margin: 1.1% (down from 4.7% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Board Change • Nov 01Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Director Chokchai Charoensiriwataanaa was the last director to join the board, commencing their role in 2011. 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 19Second quarter 2021 earnings released: EPS ฿0.43 (vs ฿0.48 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ฿202.3m (up 9.0% from 2Q 2020). Net income: ฿4.56m (down 8.9% from 2Q 2020). Profit margin: 2.3% (down from 2.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.26 (vs ฿0.24 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: ฿200.9m (up 1.3% from 1Q 2020). Net income: ฿2.68m (up 7.5% from 1Q 2020). Profit margin: 1.3% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Apr 30Thai Coating Industrial Public Company Limited Approves Dividend for the Year 2021Thai Coating Industrial Public Company Limited approved the dividends for year 2021 at THB 0.90 per share from Unappropriated Retained Earning of net profit Promoted Operations on May 25, 2021 at its AGM held on April 29, 2021.
Upcoming Dividend • Mar 29Upcoming dividend of ฿0.90 per shareEligible shareholders must have bought the stock before 05 April 2021. Payment date: 25 May 2021. Trailing yield: 3.1%. Lower than top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (2.0%).
Reported Earnings • Mar 03Full year 2020 earnings released: EPS ฿1.16 (vs ฿0.69 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: ฿695.8m (down 10% from FY 2019). Net income: ฿12.2m (up 67% from FY 2019). Profit margin: 1.7% (up from 0.9% 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 36% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
