View Financial HealthAlpha Divisions 배당 및 자사주 매입배당 기준 점검 0/6Alpha Divisions 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 30Alpha Divisions Public Company Limited Announces Board and Committee Changes, Effective June 1, 2026Alpha Divisions Public Company Limited held the Board of Directors’ Meeting No. 4/2026 on May 28, 2026. The company acknowledged the resignation letter of Mr. Thawathwong Phalinsut from the positions of Director, Executive Director, and Nomination and Remuneration Committee Member due to personal necessity, effective from June 1, 2026 onwards. The company approved the appointment of Mr. Surawat Suwanyungyuen as a Director in replacement of Mr. Thawathwong Phalinsut, who resigned before the expiration of his term of office, with effect from June 1, 2026 onwards. The term of office of the newly appointed director shall be equal to the remaining term of office of the director whom he replaces. The company approved the change in the list of the Company’s authorized directors, effective from June 1, 2026 onwards, as follows: Mr. Kumpon Suangburanakul and Mr. Sounthorn Chanthavong, both of the aforementioned directors shall jointly sign and affix the Company’s seal. The company will proceed with the registration of the change in the list of directors and the authorized directors of the Company with the Department of Business Development, Ministry of Commerce, within the prescribed period.Reported Earnings • May 19First quarter 2026 earnings released: ฿0.003 loss per share (vs ฿0.003 profit in 1Q 2025)First quarter 2026 results: ฿0.003 loss per share (down from ฿0.003 profit in 1Q 2025). Revenue: ฿67.6m (up 39% from 1Q 2025). Net loss: ฿31.2m (down 234% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.New Risk • May 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.25b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (95% net profit margin). Market cap is less than US$100m (฿3.25b market cap, or US$99.8m).New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.16b (US$97.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (95% net profit margin). Market cap is less than US$100m (฿3.16b market cap, or US$97.0m).Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.034 (vs ฿0.037 in FY 2024)Full year 2025 results: EPS: ฿0.034 (down from ฿0.037 in FY 2024). Revenue: ฿336.5m (up 82% from FY 2024). Net income: ฿320.6m (down 6.7% from FY 2024). Profit margin: 95% (down from 186% in FY 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.공시 • Feb 27Alpha Divisions Public Company Limited, Annual General Meeting, Apr 22, 2026Alpha Divisions Public Company Limited, Annual General Meeting, Apr 22, 2026, at 13:00 SE Asia Standard Time.New Risk • Dec 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (102% net profit margin). Market cap is less than US$100m (฿3.07b market cap, or US$96.5m).Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.021 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.012 (down from ฿0.021 in 3Q 2024). Net income: ฿113.0m (down 43% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.New Risk • Oct 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿2.69b market cap, or US$83.0m).New Risk • Oct 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.16b (US$96.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.16b market cap, or US$96.3m).Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.011 (vs ฿0.001 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.011 (up from ฿0.001 in 2Q 2024). Net income: ฿106.5m (up ฿101.3m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.003 (vs ฿0.009 in 1Q 2024)First quarter 2025 results: EPS: ฿0.003 (down from ฿0.009 in 1Q 2024). Net income: ฿23.3m (down 73% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿0.037 (vs ฿0.036 loss in FY 2023)Full year 2024 results: EPS: ฿0.037 (up from ฿0.036 loss in FY 2023). Net income: ฿343.7m (up ฿450.3m from FY 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.공시 • Mar 01+ 1 more updateAlpha Divisions Public Company Limited Approves Appointment of Sounthorn Chanthavong as the Vice Chairman of the Board of DirectorAlpha Divisions Public Company Limited approved the appointment of Mr. Sounthorn Chanthavong as the Vice Chairman of the Board of Director of the Company, effective from February 28, 2025 onwards, at the board meeting held on February 28, 2025.공시 • Feb 28Alpha Divisions Public Company Limited, Annual General Meeting, Apr 30, 2025Alpha Divisions Public Company Limited, Annual General Meeting, Apr 30, 2025, at 10:00 SE Asia Standard Time. Location: alpha divisions public company limited, no. 127, gaysorn tower building, room d, 24th floor, ratchadamri road, lumphini subdistrict, pathumwan, district, bangkok 10330, Thailand공시 • Feb 24Alpha Divisions Public Company Limited Announces Resignation of Prasong Hanpiyavatanasakul as from Position Company DirectorAlpha Divisions Public Company Limited Received the withdrawal letter from Mr. Prasong Hanpiyavatanasakul position of Director, Independent Director, Audit Committee Member and Chairman of the Nomination and Remuneration Committee due to the necessity to attend to other duties, effective from February 24,2025 onwards. The Company is in the process of considering recruitment those who have the right qualifications to hold the position Director, Independent Director, Audit Committee Member and Chairman of the Nomination and Remuneration Committee to fill vacant positions and propose to the meeting of the Nomination and Remuneration Committee and the Board of Directors to consider approval if there is progress Company Information will be reported to the Stock Exchange of Thailand in the next opportunity.New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.4% 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 (6.4% average weekly change). Large one-off items impacting financial results.공시 • Sep 19Alpha Divisions Public Company Limited Approves CEO ChangesAlpha Divisions Public Company Limited announced that the Board of Directors' Meeting held on September 17, 2024, Acknowledged of Mr. Teera Chutivarapon has resigned from the position of Chief Executive Officer, effective from September 30, 2024 onwards. However, he still holds the position of Director. Approved the appointment of Mr. Kumpon Suangburanakul as Chief Executive Officer in place of Mr. Teera Chutivarapon effective from October 1, 2024 onwards.공시 • Sep 18+ 1 more updateAlpha Divisions Public Company Limited Appoints Manittha Suchatpattamakul as Chief Financial Officer and Accounting (Acting)Alpha Divisions Public Company Limited announced appointment of Miss Manittha Suchatpattamakul as Chief Financial Officer and Accounting (Acting). Effective Date of Appointment is September 17, 2024.공시 • Sep 16Alpha Divisions Public Company Limited Announces Resignation of Worravit Auesapsakul as Chief Financial Officer and AccountingAlpha Divisions Public Company Limited announced the resignation of Worravit Auesapsakul as Chief Financial Officer and Accounting. Effective Date of Termination 13 September 2024.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ฿0.001 (vs ฿0.011 loss in 2Q 2023)Second quarter 2024 results: EPS: ฿0.001 (up from ฿0.011 loss in 2Q 2023). Revenue: ฿36.9m (up 90% from 2Q 2023). Net income: ฿5.20m (up ฿28.8m from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.공시 • May 18+ 1 more updateAlpha Divisions Public Company Limited Announces Changing of CFOAlpha Divisions Public Company Limited announced the termination of Manittha Suchatpattamakul as Chief Financial Officer and Accounting (Acting), Effective Date of Termination is 16 May, 2024. The company appointed Worravit Auesapsakul as Chief Financial Officer and Accounting, Effective 17 May, 2024.Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.008 (vs ฿0.008 loss in 1Q 2023)First quarter 2024 results: EPS: ฿0.008 (up from ฿0.008 loss in 1Q 2023). Net income: ฿78.2m (up ฿92.8m from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.New Risk • Mar 22New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: ฿182m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (385% increase in shares outstanding). Minor Risk Revenue is less than US$5m (฿182m revenue, or US$5.0m).Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.036 loss per share (vs ฿0.019 profit in FY 2022)Full year 2023 results: ฿0.036 loss per share (down from ฿0.019 profit in FY 2022). Net loss: ฿106.6m (down 391% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.공시 • Mar 01Alpha Divisions Public Company Limited, Annual General Meeting, Apr 29, 2024Alpha Divisions Public Company Limited, Annual General Meeting, Apr 29, 2024, at 10:00 SE Asia Standard Time. Location: the Meeting Room of Alpha Divisions Public Company Limited, 98 Athakravi Building 1, 5th Floor, Soi Aree, Sukhumvit 26 Road, Khlong Tan,Khlong Toei, Bangkok, 10110, Bangkok Thailand Agenda: To consider and certify the Minutes of the Extraordinary General Meeting of Shareholders No. 1/2023 that was held on July 31, 2023; to consider and approve the financial statement for the year ended December 31, 2023; to approve the allocation of net profit to be a legal reserve and of dividend policy payment; to approve the appointment of replacement directors, directors who retire by rotation; to approve the proposal to increase the number of Company directors from 9 people to 11 people; to consider and approve the remuneration of directors for the year 2023; to approve the appointment the auditors and auditing fee for the year 2023; and to discuss other matters.공시 • Nov 15Alpha Divisions Public Company Limited Announces Board and Committee ChangesAlpha Divisions Public Company Limited announced that at board meeting held on November 13, 2023, the company approved the appointment of the Nomination and Remuneration Committee to replace the director who resigned with details as follows: Appoint Mr.Prasong Hanpiyanatanasakul to replace Mr.Tarach Voravongrattana, Hold position Chairman of Nomination and Remuneration Committee. Appoint Mr.Thawatwong Phalinsut to replace Mr.Boonlerd Iewpornchai, Hold position Nomination and Remuneration Committee. Appoint Miss Suwanun Tubthanee to replace Miss Kittiya Nuchfang (acting), Hold position Assistant Secretary of Nomination and Remuneration Committee.Reported Earnings • Nov 14Third quarter 2023 earnings released: ฿0.021 loss per share (vs ฿0.005 profit in 3Q 2022)Third quarter 2023 results: ฿0.021 loss per share (down from ฿0.005 profit in 3Q 2022). Net loss: ฿47.2m (down ฿56.0m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.공시 • Oct 31Alpha Divisions Public Company Limited Appoints Prasong Hanpiyavatanasakul as Member of the Audit CommitteeThe Board of Directors' Meeting of Alpha Divisions Public Company Limited No. 6/2023 held on October 25, 2023 resolved to approved MR.Prasong Hanpiyavatanasakul as Member of the audit committee.New Risk • Oct 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿2.93b (US$81.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (143% increase in shares outstanding). Minor Risk Market cap is less than US$100m (฿2.93b market cap, or US$81.4m).공시 • Oct 26Alpha Divisions Public Company Limited Announces Management ChangesAlpha Divisions Public Company Limited at its meeting held on October 25, 2023 approved the appointment of a director to replace the resigned director has been approved, effective from October 25, 2023. The newly appointed directors will serve for the remaining term as follows; Resolution to approve the appointment of new directors to replace the directors who resigned. Appointed Mr. Ekaphanh Phapithack to replace Mr. Kusol Sangkananta. Appointed Mr. Prasong Hanpiyavatanasakul to replace Mr. Yossatat Nitisarun. Resolution to approve new directors to hold positions as follows: Appointed Mr. Ekaphanh Phapithack to hold the position of Chairman of the Board of Directors. Appointed Mr. Prasong Hanpiyavatanasakul to hold the position of Company Director. Audit Committee and Independent directors. At present, the committee is as follows: Mr. Ekaphanh - Phapithack - Chairman of the board of Director, Mr. Teera - Chutivarapon - Vice Chairman of the Board of Directors /Chief Executive Officer, Mr. Kittisak -Chanokmat - Company Director /Chairman of the Audit Committee /Independent Director, Mr. Wichien - Luknatin - Company Director /Deputy Chief Executive Officer, Mr. Kovit - Kerdsirirak - Company Director, Mr.Thawatwong- Phalinsut - Company Director, Mr. Kajornkiet- Aroonpirodjanakul - Company Director /Audit Committee /Independent Director, Mr. Sounthorn -Chanthavong - Audit Committee /Independent Director, Mr. Prasong - Hanpiyavatanasakul -Company Director /Audit Committee /Independent Director.공시 • Oct 25Alpha Divisions Public Company Limited Announces Change of ManagementAlpha Divisions Public Company Limited received resignation letters from the position of director in total of 2 persons, The resigned directors are as follows; Mr. KUSOL SANGKANANTA has resigned from the position of Chairman of the board of Director /Audit Committee /Independent Director, effective from October 24, 2023 onwards. Mr. YOSSATAT NITISARUN has resigned from the position of Director, effective from October 24, 2023 onwards.New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (143% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).New Risk • Sep 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 82% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 16Second quarter 2023 earnings released: ฿0.011 loss per share (vs ฿0.003 loss in 2Q 2022)Second quarter 2023 results: ฿0.011 loss per share (further deteriorated from ฿0.003 loss in 2Q 2022). Revenue: ฿19.4m (down 74% from 2Q 2022). Net loss: ฿23.6m (loss widened 283% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.공시 • Jul 21Alpha Divisions Public Company Limited Announces Resignation of Prasertsak Amatyakul as Director, Effective August 1, 2023Alpha Divisions Public Company Limited informed that the Company has received resignation letter from Mr. Prasertsak Amatyakul,a director,which will be effective on August 1, 2023 onwards.Reported Earnings • May 19First quarter 2023 earnings released: ฿0.008 loss per share (vs ฿0.018 profit in 1Q 2022)First quarter 2023 results: ฿0.008 loss per share (down from ฿0.018 profit in 1Q 2022). Revenue: ฿60.5m (down 10% from 1Q 2022). Net loss: ฿14.5m (down 144% from profit in 1Q 2022). 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 12% per year.공시 • May 17Alpha Divisions Public Company Limited Announces Board ChangesAlpha Divisions Public Company Limited announced that Mr. Sounthorn Chanthavong is an Independent Director by taking the position in place of Mr. Tharat Worawongratana. Mr. Khajonkiet Arunpairojanakul is an Independent Director and Audit Committee by taking the position in place of Mr. Boonlert Iewpornchai.Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ฿1.32, the stock trades at a trailing P/E ratio of 75x. Average trailing P/E is 14x in the Real Estate industry in Thailand. Total returns to shareholders of 59% over the past three years.Reported Earnings • Nov 19Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ฿102.3m (up 39% from 3Q 2021). Net income: ฿8.78m (up ฿20.9m from 3Q 2021). Profit margin: 8.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Kittisak Chanokmat was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 17Second quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.009 profit in 2Q 2021)Second quarter 2022 results: ฿0.003 loss per share (down from ฿0.009 profit in 2Q 2021). Revenue: ฿88.6m (down 6.6% from 2Q 2021). Net loss: ฿6.15m (down 159% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2022 earnings released: EPS: ฿0.018 (vs ฿0.014 in 1Q 2021)First quarter 2022 results: EPS: ฿0.018 (up from ฿0.014 in 1Q 2021). Revenue: ฿67.5m (down 55% from 1Q 2021). Net income: ฿33.0m (up 91% from 1Q 2021). Profit margin: 49% (up from 12% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Kittisak Chanokmat was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿1.96, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 34x in the Consumer Retailing industry in Thailand. Total loss to shareholders of 46% over the past three years.Reported Earnings • Nov 17Third quarter 2021 earnings released: ฿0.005 loss per share (vs ฿0.014 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ฿104.7m (up ฿92.7m from 3Q 2020). Net loss: ฿12.1m (loss narrowed 28% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.009 (vs ฿0.004 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿94.9m (up 79% from 2Q 2020). Net income: ฿10.4m (up 114% from 2Q 2020). Profit margin: 11% (up from 9.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.014 (vs ฿0.009 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: ฿150.5m (up ฿150.5m from 1Q 2020). Net income: ฿17.3m (up 52% from 1Q 2020). Profit margin: 12% (down from 56,780% in 1Q 2020). The decrease in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Executive Departure • May 15Independent Director has left the companyOn the 6th of May, Pichaya Soonsap's tenure as Independent Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Pichaya's name. Pichaya is the only executive to leave the company over the last 12 months.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿1.46, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 29x in the Consumer Retailing industry in Thailand. Total returns to shareholders of 76% over the past three years.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿1.18, the stock trades at a trailing P/E ratio of 24.7x, up from the previous P/E ratio of 21.1x. Average P/E is 25x in the Consumer Retailing industry in Thailand. Total returns to shareholders over the past three years are 44%.Is New 90 Day High Low • Mar 16New 90-day high: ฿1.18The company is up 44% from a price of ฿0.82 on 16 December 2020. Outperformed the Thai market which is up 6.0% over the last 90 days. Exceeded the Consumer Retailing industry, which is up 2.0% over the same period.Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.048 (vs ฿0.017 loss 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: ฿613.1m (down 66% from FY 2019). Net income: ฿57.7m (up ฿78.1m from FY 2019). Profit margin: 9.4% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Jan 18New 90-day high: ฿1.10The company is up 41% from its price of ฿0.78 on 20 October 2020. The Thai market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 3.0% over the same period.Is New 90 Day High Low • Dec 24New 90-day high: ฿0.86The company is up 6.0% from its price of ฿0.81 on 25 September 2020. The Thai market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 6.0% over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: ฿0.014 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿12.0m (down 98% from 3Q 2019). Net loss: ฿16.8m (down 230% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Nov 03New 90-day low: ฿0.71The company is down 21% from its price of ฿0.90 on 05 August 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 17% over the same period.Is New 90 Day High Low • Oct 19New 90-day low: ฿0.78The company is down 11% from its price of ฿0.88 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Consumer Retailing industry, which is also down 11% over the same period.Is New 90 Day High Low • Sep 30New 90-day low: ฿0.80The company is down 11% from its price of ฿0.90 on 02 July 2020. The Thai market is down 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 5.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 ALPHAX 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: ALPHAX 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Alpha Divisions 배당 수익률 vs 시장ALPHAX의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (ALPHAX)0%시장 하위 25% (TH)3.2%시장 상위 25% (TH)7.3%업계 평균 (Real Estate)4.7%분석가 예측 (ALPHAX) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 ALPHAX 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 ALPHAX 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: ALPHAX TH 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: ALPHAX 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/23 11:52종가2026/06/23 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 소스Alpha Divisions 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.
공시 • May 30Alpha Divisions Public Company Limited Announces Board and Committee Changes, Effective June 1, 2026Alpha Divisions Public Company Limited held the Board of Directors’ Meeting No. 4/2026 on May 28, 2026. The company acknowledged the resignation letter of Mr. Thawathwong Phalinsut from the positions of Director, Executive Director, and Nomination and Remuneration Committee Member due to personal necessity, effective from June 1, 2026 onwards. The company approved the appointment of Mr. Surawat Suwanyungyuen as a Director in replacement of Mr. Thawathwong Phalinsut, who resigned before the expiration of his term of office, with effect from June 1, 2026 onwards. The term of office of the newly appointed director shall be equal to the remaining term of office of the director whom he replaces. The company approved the change in the list of the Company’s authorized directors, effective from June 1, 2026 onwards, as follows: Mr. Kumpon Suangburanakul and Mr. Sounthorn Chanthavong, both of the aforementioned directors shall jointly sign and affix the Company’s seal. The company will proceed with the registration of the change in the list of directors and the authorized directors of the Company with the Department of Business Development, Ministry of Commerce, within the prescribed period.
Reported Earnings • May 19First quarter 2026 earnings released: ฿0.003 loss per share (vs ฿0.003 profit in 1Q 2025)First quarter 2026 results: ฿0.003 loss per share (down from ฿0.003 profit in 1Q 2025). Revenue: ฿67.6m (up 39% from 1Q 2025). Net loss: ฿31.2m (down 234% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
New Risk • May 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.25b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (95% net profit margin). Market cap is less than US$100m (฿3.25b market cap, or US$99.8m).
New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.16b (US$97.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (95% net profit margin). Market cap is less than US$100m (฿3.16b market cap, or US$97.0m).
Reported Earnings • Mar 01Full year 2025 earnings released: EPS: ฿0.034 (vs ฿0.037 in FY 2024)Full year 2025 results: EPS: ฿0.034 (down from ฿0.037 in FY 2024). Revenue: ฿336.5m (up 82% from FY 2024). Net income: ฿320.6m (down 6.7% from FY 2024). Profit margin: 95% (down from 186% in FY 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
공시 • Feb 27Alpha Divisions Public Company Limited, Annual General Meeting, Apr 22, 2026Alpha Divisions Public Company Limited, Annual General Meeting, Apr 22, 2026, at 13:00 SE Asia Standard Time.
New Risk • Dec 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.3% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (102% net profit margin). Market cap is less than US$100m (฿3.07b market cap, or US$96.5m).
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.021 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.012 (down from ฿0.021 in 3Q 2024). Net income: ฿113.0m (down 43% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.
New Risk • Oct 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (฿2.69b market cap, or US$83.0m).
New Risk • Oct 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.16b (US$96.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (฿3.16b market cap, or US$96.3m).
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.011 (vs ฿0.001 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.011 (up from ฿0.001 in 2Q 2024). Net income: ฿106.5m (up ฿101.3m from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 32% per year, which means it is significantly lagging earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.003 (vs ฿0.009 in 1Q 2024)First quarter 2025 results: EPS: ฿0.003 (down from ฿0.009 in 1Q 2024). Net income: ฿23.3m (down 73% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: ฿0.037 (vs ฿0.036 loss in FY 2023)Full year 2024 results: EPS: ฿0.037 (up from ฿0.036 loss in FY 2023). Net income: ฿343.7m (up ฿450.3m from FY 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings.
공시 • Mar 01+ 1 more updateAlpha Divisions Public Company Limited Approves Appointment of Sounthorn Chanthavong as the Vice Chairman of the Board of DirectorAlpha Divisions Public Company Limited approved the appointment of Mr. Sounthorn Chanthavong as the Vice Chairman of the Board of Director of the Company, effective from February 28, 2025 onwards, at the board meeting held on February 28, 2025.
공시 • Feb 28Alpha Divisions Public Company Limited, Annual General Meeting, Apr 30, 2025Alpha Divisions Public Company Limited, Annual General Meeting, Apr 30, 2025, at 10:00 SE Asia Standard Time. Location: alpha divisions public company limited, no. 127, gaysorn tower building, room d, 24th floor, ratchadamri road, lumphini subdistrict, pathumwan, district, bangkok 10330, Thailand
공시 • Feb 24Alpha Divisions Public Company Limited Announces Resignation of Prasong Hanpiyavatanasakul as from Position Company DirectorAlpha Divisions Public Company Limited Received the withdrawal letter from Mr. Prasong Hanpiyavatanasakul position of Director, Independent Director, Audit Committee Member and Chairman of the Nomination and Remuneration Committee due to the necessity to attend to other duties, effective from February 24,2025 onwards. The Company is in the process of considering recruitment those who have the right qualifications to hold the position Director, Independent Director, Audit Committee Member and Chairman of the Nomination and Remuneration Committee to fill vacant positions and propose to the meeting of the Nomination and Remuneration Committee and the Board of Directors to consider approval if there is progress Company Information will be reported to the Stock Exchange of Thailand in the next opportunity.
New Risk • Jan 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.4% 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 (6.4% average weekly change). Large one-off items impacting financial results.
공시 • Sep 19Alpha Divisions Public Company Limited Approves CEO ChangesAlpha Divisions Public Company Limited announced that the Board of Directors' Meeting held on September 17, 2024, Acknowledged of Mr. Teera Chutivarapon has resigned from the position of Chief Executive Officer, effective from September 30, 2024 onwards. However, he still holds the position of Director. Approved the appointment of Mr. Kumpon Suangburanakul as Chief Executive Officer in place of Mr. Teera Chutivarapon effective from October 1, 2024 onwards.
공시 • Sep 18+ 1 more updateAlpha Divisions Public Company Limited Appoints Manittha Suchatpattamakul as Chief Financial Officer and Accounting (Acting)Alpha Divisions Public Company Limited announced appointment of Miss Manittha Suchatpattamakul as Chief Financial Officer and Accounting (Acting). Effective Date of Appointment is September 17, 2024.
공시 • Sep 16Alpha Divisions Public Company Limited Announces Resignation of Worravit Auesapsakul as Chief Financial Officer and AccountingAlpha Divisions Public Company Limited announced the resignation of Worravit Auesapsakul as Chief Financial Officer and Accounting. Effective Date of Termination 13 September 2024.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ฿0.001 (vs ฿0.011 loss in 2Q 2023)Second quarter 2024 results: EPS: ฿0.001 (up from ฿0.011 loss in 2Q 2023). Revenue: ฿36.9m (up 90% from 2Q 2023). Net income: ฿5.20m (up ฿28.8m from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
공시 • May 18+ 1 more updateAlpha Divisions Public Company Limited Announces Changing of CFOAlpha Divisions Public Company Limited announced the termination of Manittha Suchatpattamakul as Chief Financial Officer and Accounting (Acting), Effective Date of Termination is 16 May, 2024. The company appointed Worravit Auesapsakul as Chief Financial Officer and Accounting, Effective 17 May, 2024.
Reported Earnings • May 16First quarter 2024 earnings released: EPS: ฿0.008 (vs ฿0.008 loss in 1Q 2023)First quarter 2024 results: EPS: ฿0.008 (up from ฿0.008 loss in 1Q 2023). Net income: ฿78.2m (up ฿92.8m from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
New Risk • Mar 22New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: ฿182m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (385% increase in shares outstanding). Minor Risk Revenue is less than US$5m (฿182m revenue, or US$5.0m).
Reported Earnings • Mar 02Full year 2023 earnings released: ฿0.036 loss per share (vs ฿0.019 profit in FY 2022)Full year 2023 results: ฿0.036 loss per share (down from ฿0.019 profit in FY 2022). Net loss: ฿106.6m (down 391% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
공시 • Mar 01Alpha Divisions Public Company Limited, Annual General Meeting, Apr 29, 2024Alpha Divisions Public Company Limited, Annual General Meeting, Apr 29, 2024, at 10:00 SE Asia Standard Time. Location: the Meeting Room of Alpha Divisions Public Company Limited, 98 Athakravi Building 1, 5th Floor, Soi Aree, Sukhumvit 26 Road, Khlong Tan,Khlong Toei, Bangkok, 10110, Bangkok Thailand Agenda: To consider and certify the Minutes of the Extraordinary General Meeting of Shareholders No. 1/2023 that was held on July 31, 2023; to consider and approve the financial statement for the year ended December 31, 2023; to approve the allocation of net profit to be a legal reserve and of dividend policy payment; to approve the appointment of replacement directors, directors who retire by rotation; to approve the proposal to increase the number of Company directors from 9 people to 11 people; to consider and approve the remuneration of directors for the year 2023; to approve the appointment the auditors and auditing fee for the year 2023; and to discuss other matters.
공시 • Nov 15Alpha Divisions Public Company Limited Announces Board and Committee ChangesAlpha Divisions Public Company Limited announced that at board meeting held on November 13, 2023, the company approved the appointment of the Nomination and Remuneration Committee to replace the director who resigned with details as follows: Appoint Mr.Prasong Hanpiyanatanasakul to replace Mr.Tarach Voravongrattana, Hold position Chairman of Nomination and Remuneration Committee. Appoint Mr.Thawatwong Phalinsut to replace Mr.Boonlerd Iewpornchai, Hold position Nomination and Remuneration Committee. Appoint Miss Suwanun Tubthanee to replace Miss Kittiya Nuchfang (acting), Hold position Assistant Secretary of Nomination and Remuneration Committee.
Reported Earnings • Nov 14Third quarter 2023 earnings released: ฿0.021 loss per share (vs ฿0.005 profit in 3Q 2022)Third quarter 2023 results: ฿0.021 loss per share (down from ฿0.005 profit in 3Q 2022). Net loss: ฿47.2m (down ฿56.0m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
공시 • Oct 31Alpha Divisions Public Company Limited Appoints Prasong Hanpiyavatanasakul as Member of the Audit CommitteeThe Board of Directors' Meeting of Alpha Divisions Public Company Limited No. 6/2023 held on October 25, 2023 resolved to approved MR.Prasong Hanpiyavatanasakul as Member of the audit committee.
New Risk • Oct 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿2.93b (US$81.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (143% increase in shares outstanding). Minor Risk Market cap is less than US$100m (฿2.93b market cap, or US$81.4m).
공시 • Oct 26Alpha Divisions Public Company Limited Announces Management ChangesAlpha Divisions Public Company Limited at its meeting held on October 25, 2023 approved the appointment of a director to replace the resigned director has been approved, effective from October 25, 2023. The newly appointed directors will serve for the remaining term as follows; Resolution to approve the appointment of new directors to replace the directors who resigned. Appointed Mr. Ekaphanh Phapithack to replace Mr. Kusol Sangkananta. Appointed Mr. Prasong Hanpiyavatanasakul to replace Mr. Yossatat Nitisarun. Resolution to approve new directors to hold positions as follows: Appointed Mr. Ekaphanh Phapithack to hold the position of Chairman of the Board of Directors. Appointed Mr. Prasong Hanpiyavatanasakul to hold the position of Company Director. Audit Committee and Independent directors. At present, the committee is as follows: Mr. Ekaphanh - Phapithack - Chairman of the board of Director, Mr. Teera - Chutivarapon - Vice Chairman of the Board of Directors /Chief Executive Officer, Mr. Kittisak -Chanokmat - Company Director /Chairman of the Audit Committee /Independent Director, Mr. Wichien - Luknatin - Company Director /Deputy Chief Executive Officer, Mr. Kovit - Kerdsirirak - Company Director, Mr.Thawatwong- Phalinsut - Company Director, Mr. Kajornkiet- Aroonpirodjanakul - Company Director /Audit Committee /Independent Director, Mr. Sounthorn -Chanthavong - Audit Committee /Independent Director, Mr. Prasong - Hanpiyavatanasakul -Company Director /Audit Committee /Independent Director.
공시 • Oct 25Alpha Divisions Public Company Limited Announces Change of ManagementAlpha Divisions Public Company Limited received resignation letters from the position of director in total of 2 persons, The resigned directors are as follows; Mr. KUSOL SANGKANANTA has resigned from the position of Chairman of the board of Director /Audit Committee /Independent Director, effective from October 24, 2023 onwards. Mr. YOSSATAT NITISARUN has resigned from the position of Director, effective from October 24, 2023 onwards.
New Risk • Oct 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (143% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).
New Risk • Sep 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 82% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 16Second quarter 2023 earnings released: ฿0.011 loss per share (vs ฿0.003 loss in 2Q 2022)Second quarter 2023 results: ฿0.011 loss per share (further deteriorated from ฿0.003 loss in 2Q 2022). Revenue: ฿19.4m (down 74% from 2Q 2022). Net loss: ฿23.6m (loss widened 283% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
공시 • Jul 21Alpha Divisions Public Company Limited Announces Resignation of Prasertsak Amatyakul as Director, Effective August 1, 2023Alpha Divisions Public Company Limited informed that the Company has received resignation letter from Mr. Prasertsak Amatyakul,a director,which will be effective on August 1, 2023 onwards.
Reported Earnings • May 19First quarter 2023 earnings released: ฿0.008 loss per share (vs ฿0.018 profit in 1Q 2022)First quarter 2023 results: ฿0.008 loss per share (down from ฿0.018 profit in 1Q 2022). Revenue: ฿60.5m (down 10% from 1Q 2022). Net loss: ฿14.5m (down 144% from profit in 1Q 2022). 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 12% per year.
공시 • May 17Alpha Divisions Public Company Limited Announces Board ChangesAlpha Divisions Public Company Limited announced that Mr. Sounthorn Chanthavong is an Independent Director by taking the position in place of Mr. Tharat Worawongratana. Mr. Khajonkiet Arunpairojanakul is an Independent Director and Audit Committee by taking the position in place of Mr. Boonlert Iewpornchai.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ฿1.32, the stock trades at a trailing P/E ratio of 75x. Average trailing P/E is 14x in the Real Estate industry in Thailand. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Nov 19Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: ฿102.3m (up 39% from 3Q 2021). Net income: ฿8.78m (up ฿20.9m from 3Q 2021). Profit margin: 8.6% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Kittisak Chanokmat was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 17Second quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.009 profit in 2Q 2021)Second quarter 2022 results: ฿0.003 loss per share (down from ฿0.009 profit in 2Q 2021). Revenue: ฿88.6m (down 6.6% from 2Q 2021). Net loss: ฿6.15m (down 159% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2022 earnings released: EPS: ฿0.018 (vs ฿0.014 in 1Q 2021)First quarter 2022 results: EPS: ฿0.018 (up from ฿0.014 in 1Q 2021). Revenue: ฿67.5m (down 55% from 1Q 2021). Net income: ฿33.0m (up 91% from 1Q 2021). Profit margin: 49% (up from 12% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Kittisak Chanokmat was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿1.96, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 34x in the Consumer Retailing industry in Thailand. Total loss to shareholders of 46% over the past three years.
Reported Earnings • Nov 17Third quarter 2021 earnings released: ฿0.005 loss per share (vs ฿0.014 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ฿104.7m (up ฿92.7m from 3Q 2020). Net loss: ฿12.1m (loss narrowed 28% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS ฿0.009 (vs ฿0.004 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿94.9m (up 79% from 2Q 2020). Net income: ฿10.4m (up 114% from 2Q 2020). Profit margin: 11% (up from 9.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.014 (vs ฿0.009 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: ฿150.5m (up ฿150.5m from 1Q 2020). Net income: ฿17.3m (up 52% from 1Q 2020). Profit margin: 12% (down from 56,780% in 1Q 2020). The decrease in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Executive Departure • May 15Independent Director has left the companyOn the 6th of May, Pichaya Soonsap's tenure as Independent Director ended after 2.5 years in the role. We don't have any record of a personal shareholding under Pichaya's name. Pichaya is the only executive to leave the company over the last 12 months.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment improved over the past weekAfter last week's 20% share price gain to ฿1.46, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 29x in the Consumer Retailing industry in Thailand. Total returns to shareholders of 76% over the past three years.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿1.18, the stock trades at a trailing P/E ratio of 24.7x, up from the previous P/E ratio of 21.1x. Average P/E is 25x in the Consumer Retailing industry in Thailand. Total returns to shareholders over the past three years are 44%.
Is New 90 Day High Low • Mar 16New 90-day high: ฿1.18The company is up 44% from a price of ฿0.82 on 16 December 2020. Outperformed the Thai market which is up 6.0% over the last 90 days. Exceeded the Consumer Retailing industry, which is up 2.0% over the same period.
Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.048 (vs ฿0.017 loss 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: ฿613.1m (down 66% from FY 2019). Net income: ฿57.7m (up ฿78.1m from FY 2019). Profit margin: 9.4% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Jan 18New 90-day high: ฿1.10The company is up 41% from its price of ฿0.78 on 20 October 2020. The Thai market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Dec 24New 90-day high: ฿0.86The company is up 6.0% from its price of ฿0.81 on 25 September 2020. The Thai market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is down 6.0% over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: ฿0.014 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿12.0m (down 98% from 3Q 2019). Net loss: ฿16.8m (down 230% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Nov 03New 90-day low: ฿0.71The company is down 21% from its price of ฿0.90 on 05 August 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 17% over the same period.
Is New 90 Day High Low • Oct 19New 90-day low: ฿0.78The company is down 11% from its price of ฿0.88 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Consumer Retailing industry, which is also down 11% over the same period.
Is New 90 Day High Low • Sep 30New 90-day low: ฿0.80The company is down 11% from its price of ฿0.90 on 02 July 2020. The Thai market is down 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 5.0% over the same period.