Reported Earnings • May 11
First quarter 2026 earnings released: ฿0.01 loss per share (vs ฿0.04 profit in 1Q 2025) First quarter 2026 results: ฿0.01 loss per share (down from ฿0.04 profit in 1Q 2025). Revenue: ฿2.50b (up 102% from 1Q 2025). Net loss: ฿7.16m (down 130% from profit in 1Q 2025). 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 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: ฿0.22 (vs ฿0.47 loss in FY 2024) Full year 2025 results: EPS: ฿0.22 (up from ฿0.47 loss in FY 2024). Revenue: ฿5.80b (up 36% from FY 2024). Net income: ฿133.1m (up ฿416.3m from FY 2024). Profit margin: 2.3% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. 공시 • Feb 27
Tycoons Worldwide Group (Thailand) Public Company Limited, Annual General Meeting, Apr 28, 2026 Tycoons Worldwide Group (Thailand) Public Company Limited, Annual General Meeting, Apr 28, 2026, at 10:00 SE Asia Standard Time. Location: tycoons worldwide group (thailand) public co.ltd, no. 99 moo 1, nikhom phatthana, nikhom phatthana, rayong 21180, Thailand New Risk • Dec 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (฿1.02b market cap, or US$32.5m). Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: ฿0.11 (vs ฿0.31 loss in 3Q 2024) Third quarter 2025 results: EPS: ฿0.11 (up from ฿0.31 loss in 3Q 2024). Revenue: ฿1.75b (up 62% from 3Q 2024). Net income: ฿64.6m (up ฿250.3m from 3Q 2024). Profit margin: 3.7% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: ฿0.06 (vs ฿0.072 loss in 2Q 2024) Second quarter 2025 results: EPS: ฿0.06 (up from ฿0.072 loss in 2Q 2024). Revenue: ฿1.19b (up 30% from 2Q 2024). Net income: ฿38.2m (up ฿81.1m from 2Q 2024). Profit margin: 3.2% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: ฿0.04 (vs ฿0.036 in 1Q 2024) First quarter 2025 results: EPS: ฿0.04 (up from ฿0.036 in 1Q 2024). Revenue: ฿1.24b (up 2.5% from 1Q 2024). Net income: ฿23.8m (up 11% from 1Q 2024). Profit margin: 1.9% (up from 1.8% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (฿1.07b market cap, or US$31.1m). Reported Earnings • Mar 01
Full year 2024 earnings released: ฿0.47 loss per share (vs ฿0.23 profit in FY 2023) Full year 2024 results: ฿0.47 loss per share (down from ฿0.23 profit in FY 2023). Revenue: ฿4.26b (down 24% from FY 2023). Net loss: ฿283.2m (down 308% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. 공시 • Feb 27
Tycoons Worldwide Group (Thailand) Public Company Limited, Annual General Meeting, Apr 24, 2025 Tycoons Worldwide Group (Thailand) Public Company Limited, Annual General Meeting, Apr 24, 2025, at 10:00 SE Asia Standard Time. Location: at tycoons worldwide group (thailand) public co., no. 99 moo 1, nikhom phatthana, nikhom phatthana, rayong 21180, Thailand Reported Earnings • Nov 15
Third quarter 2024 earnings released: ฿0.31 loss per share (vs ฿0.034 profit in 3Q 2023) Third quarter 2024 results: ฿0.31 loss per share (down from ฿0.034 profit in 3Q 2023). Revenue: ฿1.08b (down 33% from 3Q 2023). Net loss: ฿185.7m (down ฿205.9m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2024 earnings released: ฿0.07 loss per share (vs ฿0.10 profit in 2Q 2023) Second quarter 2024 results: ฿0.07 loss per share (down from ฿0.10 profit in 2Q 2023). Revenue: ฿912.5m (down 44% from 2Q 2023). Net loss: ฿42.9m (down 170% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • May 14
First quarter 2024 earnings released: EPS: ฿0.04 (vs ฿0.12 in 1Q 2023) First quarter 2024 results: EPS: ฿0.04 (down from ฿0.12 in 1Q 2023). Revenue: ฿1.20b (down 9.6% from 1Q 2023). Net income: ฿21.4m (down 69% from 1Q 2023). Profit margin: 1.8% (down from 5.2% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. 공시 • Feb 28
Tycoons Worldwide Group (Thailand) Public Company Limited, Annual General Meeting, Apr 25, 2024 Tycoons Worldwide Group (Thailand) Public Company Limited, Annual General Meeting, Apr 25, 2024, at 10:00 SE Asia Standard Time. Location: Tycoons Worldwide Group (Thailand) Public Co., Ltd. . No. 99 Moo 1, Nikhom Phattana, Nikhom Phattana, Rayong 21180. Rayong Thailand Agenda: To confirm minutes of the annual general shareholders' meeting 2023; To confirm company's operating results of 2023; To consider and approve financial statement of 2023; To consider and approve the omission of annual dividend payment of 2023; To consider 1/3 of directors retire by rotation and re-elect to return the office and fixing the remuneration of directors and Audit Committee for the year of 2024. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: ฿0.23 (vs ฿0.27 in FY 2022) Full year 2023 results: EPS: ฿0.23 (down from ฿0.27 in FY 2022). Revenue: ฿5.59b (down 41% from FY 2022). Net income: ฿136.2m (down 16% from FY 2022). Profit margin: 2.4% (up from 1.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.025 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.03 (up from ฿0.025 in 3Q 2022). Revenue: ฿1.60b (down 36% from 3Q 2022). Net income: ฿20.2m (up 38% from 3Q 2022). Profit margin: 1.3% (up from 0.6% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: ฿0.10 (vs ฿0.029 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.10 (up from ฿0.029 in 2Q 2022). Revenue: ฿1.62b (down 41% from 2Q 2022). Net income: ฿61.5m (up 254% from 2Q 2022). Profit margin: 3.8% (up from 0.6% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: ฿0.27 (vs ฿0.63 in FY 2021) Full year 2022 results: EPS: ฿0.27 (down from ฿0.63 in FY 2021). Revenue: ฿9.42b (up 3.6% from FY 2021). Net income: ฿162.0m (down 57% from FY 2021). Profit margin: 1.7% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Navin Vongchankit was the last independent 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 • Aug 14
Second quarter 2022 earnings released: EPS: ฿0.03 (vs ฿0.23 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.03 (down from ฿0.23 in 2Q 2021). Revenue: ฿2.73b (flat on 2Q 2021). Net income: ฿17.4m (down 87% from 2Q 2021). Profit margin: 0.6% (down from 5.0% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: ฿0.21 (vs ฿0.44 in 1Q 2021) First quarter 2022 results: EPS: ฿0.21 (down from ฿0.44 in 1Q 2021). Revenue: ฿2.25b (down 9.8% from 1Q 2021). Net income: ฿123.9m (down 53% from 1Q 2021). Profit margin: 5.5% (down from 11% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Navin Vongchankit was the last independent 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 • Mar 03
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ฿0.63 (up from ฿0.54 loss in FY 2020). Revenue: ฿9.09b (up 51% from FY 2020). Net income: ฿377.0m (up ฿698.0m from FY 2020). Profit margin: 4.1% (up from net loss in FY 2020). Revenue missed analyst estimates by 7.2%. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS ฿0.22 (vs ฿0.031 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.07b (up 54% from 3Q 2020). Net income: ฿133.7m (up ฿152.2m from 3Q 2020). Profit margin: 6.4% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 10% per year. Executive Departure • Oct 10
Independent Director Surabhon Kwunchaithunya has left the company On the 30th of September, Surabhon Kwunchaithunya's tenure as Independent Director ended after 18.1 years in the role. We don't have any record of a personal shareholding under Surabhon's name. Surabhon is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.83 years. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment improved over the past week After last week's 25% share price gain to ฿4.08, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 7x in the Metals and Mining industry in Thailand. Total returns to shareholders of 40% over the past three years. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS ฿0.23 (vs ฿0.16 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿2.75b (up 60% from 2Q 2020). Net income: ฿137.8m (up ฿230.7m from 2Q 2020). Profit margin: 5.0% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿3.68, the stock trades at a trailing P/E ratio of 40.5x. Average trailing P/E is 13x in the Metals and Mining industry in Thailand. Total returns to shareholders of 25% over the past three years. Reported Earnings • May 13
First quarter 2021 earnings released: EPS ฿0.44 (vs ฿0.19 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿2.49b (up 46% from 1Q 2020). Net income: ฿264.0m (up ฿375.5m from 1Q 2020). Profit margin: 11% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 25
Full year 2020 earnings released: ฿0.54 loss per share (vs ฿1.67 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: ฿6.01b (down 37% from FY 2019). Net loss: ฿321.0m (loss narrowed 68% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 98% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 06
New 90-day high: ฿2.42 The company is up 22% from its price of ฿1.99 on 08 October 2020. The Thai market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 29% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: ฿2.10 The company is up 8.0% from its price of ฿1.95 on 14 September 2020. The Thai market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 24% over the same period. Reported Earnings • Nov 16
Third quarter 2020 earnings released: ฿0.031 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.35b (down 37% from 3Q 2019). Net loss: ฿18.5m (loss narrowed 89% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 116% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 12
Third quarter 2020 earnings released: ฿0.03 loss per share The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: ฿1.35b (down 37% from 3Q 2019). Net loss: ฿18.5m (loss narrowed 89% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 116% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Sep 24
New 90-day low: ฿1.84 The company is down 7.0% from its price of ฿1.98 on 26 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period.