Mitsib Leasing (MITSIB) 주식 개요미씹 리스 퍼블릭 컴퍼니는 자회사와 함께 태국에서 렌트 구매 및 팩토링 서비스를 제공합니다. 자세히 보기MITSIB 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적5/6재무 건전성1/6배당3/6강점공정 가치 추정치보다 낮은 18.2% 에서 거래지난 1년간 수익이 503% 증가했습니다.위험 분석이자 지급액이 수익으로 잘 충당되지 않음불안정한 배당 실적의미 있는 시가총액이 없습니다(THB741M)모든 위험 점검 보기MITSIB Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value฿Current Price฿0.5417.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0940m2016201920222025202620282031Revenue ฿939.9mEarnings ฿89.3mAdvancedSet Fair ValueView all narrativesMitsib Leasing Public Company Limited 경쟁사Autocorp HoldingSymbol: SET:ACGMarket cap: ฿360.0mAtlas EnergySymbol: SET:ATLASMarket cap: ฿2.6bMillennium Group Corporation (Asia)Symbol: SET:MGCMarket cap: ฿6.1bPTG EnergySymbol: SET:PTGMarket cap: ฿12.4b가격 이력 및 성과Mitsib Leasing 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가฿0.5452주 최고가฿0.6452주 최저가฿0.51베타-0.0691개월 변동1.89%3개월 변동-6.90%1년 변동-1.82%3년 변동-44.90%5년 변동-55.35%IPO 이후 변동-74.89%최근 뉴스 및 업데이트Reported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.009 (vs ฿0.006 in 1Q 2025)First quarter 2026 results: EPS: ฿0.009 (up from ฿0.006 in 1Q 2025). Revenue: ฿157.9m (down 17% from 1Q 2025). Net income: ฿12.8m (up 44% from 1Q 2025). Profit margin: 8.1% (up from 4.7% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (4.6%).New Risk • Mar 04New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿782.4m market cap, or US$24.7m).Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.04 (up from ฿0.01 in FY 2024). Revenue: ฿640.1m (down 22% from FY 2024). Net income: ฿54.9m (up 358% from FY 2024). Profit margin: 8.6% (up from 1.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year.공시 • Feb 25+ 1 more updateMitsib Leasing Public Company Limited announces Annual dividend, payable on May 18, 2026Mitsib Leasing Public Company Limited announced Annual dividend of THB 0.0200 per share payable on May 18, 2026, ex-date on April 30, 2026 and record date on May 05, 2026.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.018 (vs ฿0.002 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.018 (up from ฿0.002 in 3Q 2024). Revenue: ฿164.2m (down 26% from 3Q 2024). Net income: ฿25.2m (up ฿23.3m from 3Q 2024). Profit margin: 15% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. 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 21% per year, which means it has not declined as severely as earnings.더 많은 업데이트 보기Recent updatesReported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.009 (vs ฿0.006 in 1Q 2025)First quarter 2026 results: EPS: ฿0.009 (up from ฿0.006 in 1Q 2025). Revenue: ฿157.9m (down 17% from 1Q 2025). Net income: ฿12.8m (up 44% from 1Q 2025). Profit margin: 8.1% (up from 4.7% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.Upcoming Dividend • Apr 23Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (4.6%).New Risk • Mar 04New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿782.4m market cap, or US$24.7m).Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.04 (up from ฿0.01 in FY 2024). Revenue: ฿640.1m (down 22% from FY 2024). Net income: ฿54.9m (up 358% from FY 2024). Profit margin: 8.6% (up from 1.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year.공시 • Feb 25+ 1 more updateMitsib Leasing Public Company Limited announces Annual dividend, payable on May 18, 2026Mitsib Leasing Public Company Limited announced Annual dividend of THB 0.0200 per share payable on May 18, 2026, ex-date on April 30, 2026 and record date on May 05, 2026.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.018 (vs ฿0.002 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.018 (up from ฿0.002 in 3Q 2024). Revenue: ฿164.2m (down 26% from 3Q 2024). Net income: ฿25.2m (up ฿23.3m from 3Q 2024). Profit margin: 15% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. 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 21% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.006 loss in 2Q 2024)Second quarter 2025 results: EPS: ฿0.012 (up from ฿0.006 loss in 2Q 2024). Revenue: ฿143.1m (down 33% from 2Q 2024). Net income: ฿16.6m (up ฿23.1m from 2Q 2024). Profit margin: 12% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.006 (vs ฿0.014 in 1Q 2024)First quarter 2025 results: EPS: ฿0.006 (down from ฿0.014 in 1Q 2024). Revenue: ฿188.9m (down 1.8% from 1Q 2024). Net income: ฿8.87m (down 20% from 1Q 2024). Profit margin: 4.7% (down from 5.8% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Apr 29Upcoming dividend of ฿0.015 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 23 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of Thai dividend payers (7.9%). Lower than average of industry peers (3.6%).공시 • Apr 25Pongchai Kasemtaweesak Expresses Intention Not to Resume the Position of Independent Director of Mitsib Leasing Public Company LimitedMitsib Leasing Public Company Limited at its AGM held on April 23, 2025, announced that Mr. Pongchai Kasemtaweesak has expressed his intention not to resume his position; therefore, it is necessary to consider selecting another individual to assume the role of Independent Director.공시 • Apr 24+ 1 more updateMitsib Leasing Public Company Limited Approves Dividend for the Year 2024Mitsib Leasing Public Company Limited at its AGM held on April 23, 2025, approved the dividend payment from unallocated retained earnings and the net profit for the year 2024 to the company's shareholders in cash at a rate of THB 0.015 per share, totaling THB 20,589,582.44 million.Reported Earnings • Feb 21Full year 2024 earnings released: EPS: ฿0.01 (vs ฿0.045 in FY 2023)Full year 2024 results: EPS: ฿0.01 (down from ฿0.045 in FY 2023). Revenue: ฿825.3m (up 20% from FY 2023). Net income: ฿12.0m (down 66% from FY 2023). Profit margin: 1.5% (down from 5.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year.공시 • Feb 21+ 2 more updatesMitsib Leasing Public Company Limited Proposes Cash Dividend for the Period from January 1, 2024 to December 31, 2024, Payable on 23 May 2025Mitsib Leasing Public Company Limited at its AGM to be held on April 23, 2025, to consider the cash dividend for Common shareholders of THB 0.015 per share for the period from January 1, 2024 to December 31, 2024, payable on 23 May 2025. Ex-dividend date is 6 May 2025 and Record date is 7 May 2025.공시 • Oct 02Mitsib Leasing Public Company Limited Announces Resignation of Warunee Nonthasrt as Company Secretary, Effective October 2, 2024Mitsib Leasing Public Company Limited announced resignation of Warunee Nonthasrt as Company Secretary, effective October 2, 2024. The Company will recruit and appoint persons with suitable qualifications.Reported Earnings • Aug 10Second quarter 2024 earnings released: ฿0.016 loss per share (vs ฿0.012 profit in 2Q 2023)Second quarter 2024 results: ฿0.016 loss per share (down from ฿0.012 profit in 2Q 2023). Revenue: ฿213.9m (up 26% from 2Q 2023). Net loss: ฿6.50m (down 168% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Jun 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 6.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (฿1.13b market cap, or US$30.6m).New Risk • May 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (฿1.02b market cap, or US$27.7m).공시 • May 21Mitsib Leasing Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 551.524416 million.Mitsib Leasing Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 551.524416 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 787,892,023 Price\Range: THB 0.7 Transaction Features: Rights OfferingNew Risk • May 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 6.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 16% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (฿567.3m market cap, or US$15.4m).Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.014 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.014 (down from ฿0.018 in 1Q 2023). Revenue: ฿192.5m (up 7.2% from 1Q 2023). Net income: ฿11.1m (down 23% from 1Q 2023). Profit margin: 5.8% (down from 8.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: ฿0.045 (vs ฿0.027 in FY 2022)Full year 2023 results: EPS: ฿0.045 (up from ฿0.027 in FY 2022). Revenue: ฿686.5m (up 39% from FY 2022). Net income: ฿35.1m (up 63% from FY 2022). Profit margin: 5.1% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Feb 28+ 1 more updateMitsib Leasing Public Company Limited Proposes Omission of Dividend for the Year 2023Mitsib Leasing Public Company Limited at its board of directors meeting held on February 27, 2024, proposed the omission of dividend payment for the 2023 operating results because the company needs to use working capital to expand credit.New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 20% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (฿787.9m market cap, or US$22.5m).Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.008 (vs ฿0.022 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.008 (down from ฿0.022 in 3Q 2022). Revenue: ฿164.1m (up 15% from 3Q 2022). Net income: ฿6.41m (down 63% from 3Q 2022). Profit margin: 3.9% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: ฿0.012 (vs ฿0.01 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.012 (up from ฿0.01 in 2Q 2022). Revenue: ฿169.2m (up 74% from 2Q 2022). Net income: ฿9.52m (up 28% from 2Q 2022). Profit margin: 5.6% (down from 7.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • May 19Mitsib Leasing Public Company Limited Proposes Dividend for the Period from 01 Jan. 2022 to 31 Dec. 2022, Payable on 19 May 2023Mitsib Leasing Public Company Limited proposes dividend of THB 0.002777777778 per share for the period from 01 Jan. 2022 to 31 Dec. 2022, payable on 19 May 2023. Ex-dividend date is 8 May 2023 and Record date is 9 May 2023.Reported Earnings • May 17First quarter 2023 earnings released: EPS: ฿0.018 (vs ฿0.003 loss in 1Q 2022)First quarter 2023 results: EPS: ฿0.018 (up from ฿0.003 loss in 1Q 2022). Revenue: ฿179.6m (up 58% from 1Q 2022). Net income: ฿14.4m (up ฿16.5m from 1Q 2022). Profit margin: 8.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿0.023 (vs ฿0.009 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.023 (up from ฿0.009 in 3Q 2021). Revenue: ฿143.2m (up 50% from 3Q 2021). Net income: ฿17.4m (up 165% from 3Q 2021). Profit margin: 12% (up from 6.9% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Board Change • Nov 16Less 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. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ฿1.12, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 26x in the Specialty Retail industry in Thailand. Total loss to shareholders of 45% over the past three years.공시 • Sep 28Mitsib Leasing Public Company Limited Announces Director ChangesMitsib Leasing Public Company Limited announced the appointment of Miss Banchuen Wannarat as Acting Director of Accounting and Finance, Effective Date of Appointment is September 27, 2022 and also announced the termination of Mr. Aekapop Assavasetthachok as Acting Director of Accounting and Finance, Effective Date of Termination is September 23, 2022.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿1.35, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 27x in the Specialty Retail industry in Thailand. Total loss to shareholders of 35% over the past three years.공시 • Aug 13Mitsib Leasing Public Company Limited Appoints Banchuen Wannarat as Chief Financial OfficerMitsib Leasing Public Company Limited appointed Banchuen Wannarat as Chief Financial Officer. Effective date of appointment is 09 August, 2022.공시 • Aug 11+ 2 more updatesMitsib Leasing Public Company Limited Announces Termination of Phimwalan Techapanich as Chief Financial OfficerMitsib Leasing Public Company Limited announced termination of Miss Phimwalan Techapanich as Chief Financial Officer(Effective date 10 August 2021). Effective date of termination is 31 May, 2022.Reported Earnings • May 15First quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.004 loss in 1Q 2021)First quarter 2022 results: ฿0.003 loss per share (up from ฿0.004 loss in 1Q 2021). Revenue: ฿113.9m (down 35% from 1Q 2021). Net loss: ฿2.02m (loss narrowed 34% from 1Q 2021).Upcoming Dividend • Apr 29Upcoming dividend of ฿0.015 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 20 May 2022. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 1.4%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (1.6%).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. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 12Third quarter 2021 earnings released: EPS ฿0.009 (vs ฿0.009 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ฿95.8m (down 12% from 3Q 2020). Net income: ฿6.57m (up ฿13.7m from 3Q 2020). Profit margin: 6.9% (up from net loss in 3Q 2020).Reported Earnings • Aug 13Second quarter 2021 earnings released: ฿0.01 loss per share (vs ฿0.004 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: ฿103.6m (down 7.8% from 2Q 2020). Net loss: ฿7.24m (down 382% from profit in 2Q 2020).Reported Earnings • May 17First quarter 2021 earnings released: ฿0.004 loss per share (vs ฿0.017 profit in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: ฿174.3m (up 43% from 1Q 2020). Net loss: ฿3.04m (down 124% from profit in 1Q 2020).Upcoming Dividend • Apr 29Upcoming dividend of ฿0.046 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 20 May 2021. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.1%).공시 • Apr 27Mitsib Leasing Public Company Limited Approves Cash Dividend, Payable on May 20, 2021The AGM of Mitsib Leasing Public Company Limited approved cash dividends at the rate of THB 0.04616 per share, totaling THB 32,987,898, total amount of dividend payment at THB 0.07116 per share, totaling THB 50,853,961. The company will pay the said dividend to the shareholders as shown on the list of shareholders who are entitled to receive dividends or Record date on May 7, 2021 and the dividend payment is scheduled on May 20, 2021 as well.Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 34% share price gain to ฿1.46, the stock trades at a trailing P/E ratio of 39.4x, up from the previous P/E ratio of 29.4x. Average P/E is 31x in the Specialty Retail industry in Thailand. Total returns to shareholders over the past year are 52%.공시 • Mar 12+ 1 more updateMitsib Leasing Public Company Limited Proposes Dividend, Payable on 20 May 2021Mitsib Leasing Public Company Limited proposed to pay dividends in cash at the rate of THB 0.04616 per share (consisting of Cash dividend the rate of THB 0.04338 per share and withholding tax on dividends are common shares. At the rate of THB 0.002778) in the total amount THB 32,987,897.94 and the record date for the right to receive dividends on May 7, 2021 and the date of dividend payment on 20 May 2021.Is New 90 Day High Low • Mar 12New 90-day high: ฿1.12The company is up 11% from its price of ฿1.01 on 09 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 19% over the same period.Executive Departure • Mar 09Chief Financial Officer has left the companyOn the 26th of February, Prapod Jittrong's tenure as Chief Financial Officer ended after 1.3 years in the role. We don't have any record of a personal shareholding under Prapod's name. A total of 2 executives have left over the last 12 months.공시 • Mar 03Mitsib Leasing Public Company Limited Announces Management ChangesMitsib Leasing Public Company Limited announced the resignation of Mr. Prapod Jittrong from the position CFO due to retirement with effective on February 26,2021. In the meantime. Miss.Phimwalan Techapanich, Accounting Manager will be in charged. The company is in the process of recruiting and appointing qualified persons to hold such positions.공시 • Feb 26Mitsib Leasing Public Company Limited, Annual General Meeting, Apr 23, 2021Mitsib Leasing Public Company Limited, Annual General Meeting, Apr 23, 2021, at 13:00 SE Asia Standard Time. Location: at the hotel. Multiply 998 Moo 10 Soi Bearing 34, Sukhumvit 107 Road, Samrong Nuea Subdistrict Mueang Samut Prakan District Samut Prakan Province 10270 Samut Prakan Thailand Agenda: To consider and approve the minutes of the Annual General Meeting of Shareholders No. 1/2020; to consider acknowledge the company's operating results. For accounting period ended 31 December 2020; to consider and approve the financial statements for the year 2020 ended 31 December 2020; to consider and to approve the reduction of registered capital; to consider and approve the allocation of net profits as legal reserve. And pay dividends for the accounting period Ended on 31 December 2020; and to consider any other matter.Is New 90 Day High Low • Feb 08New 90-day high: ฿1.11The company is up 12% from its price of ฿0.99 on 10 November 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 8.0% over the same period.Reported Earnings • Nov 11Third quarter 2020 earnings released: ฿0.01 loss per shareThe company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: ฿119.7m (up 17% from 3Q 2019). Net loss: ฿7.11m (down 138% from profit in 3Q 2019).공시 • Nov 10Mitsib Leasing Public Company Limited Appoints Varunee Nonthasri as the Company SecretaryThe Board of the Director's Meeting of the Mitsib Leasing Public Company Limited held on 9 November 2020 has resolved to appointment of Ms. Varunee Nonthasri as the Company Secretary. The effective date is on 9 November 2020 onwards.Is New 90 Day High Low • Nov 05New 90-day low: ฿0.99The company is down 2.0% from its price of ฿1.01 on 07 August 2020. The Thai market is down 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is down 9.0% over the same period.주주 수익률MITSIBTH Specialty RetailTH 시장7D-1.8%3.0%2.2%1Y-1.8%-2.1%28.6%전체 주주 수익률 보기수익률 대 산업: MITSIB은 지난 1년 동안 -2.1%의 수익을 기록한 TH Specialty Retail 산업과 동일한 성과를 보였습니다.수익률 대 시장: MITSIB은 지난 1년 동안 28.6%를 기록한 TH 시장보다 저조한 성과를 냈습니다.주가 변동성Is MITSIB's price volatile compared to industry and market?MITSIB volatilityMITSIB Average Weekly Movement3.4%Specialty Retail Industry Average Movement5.6%Market Average Movement4.9%10% most volatile stocks in TH Market10.1%10% least volatile stocks in TH Market2.6%안정적인 주가: MITSIB는 지난 3개월 동안 TH 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: MITSIB의 주간 변동성(3%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트2003n/aNitipat Yongsanguanchaiwww.mitsibleasing.com미씹 리스 퍼블릭 컴퍼니는 자회사와 함께 태국에서 렌터카 구매 및 팩토링 서비스를 제공합니다. 택시, 트럭, 미니버스, 버스, 상용차에 대한 렌트 구매 대출과 대중교통에 대한 유지보수 서비스, 고객에게 소매 대출을 제공합니다. 또한 자동차, 생명, 화재, 사고, 여행, 건강 보험 중개 서비스도 제공합니다.더 보기Mitsib Leasing Public Company Limited 기초 지표 요약Mitsib Leasing의 순이익과 매출은 시가총액과 어떻게 비교됩니까?MITSIB 기초 통계시가총액฿741.22m순이익 (TTM)฿58.77m매출 (TTM)฿618.19m12.6x주가수익비율(P/E)1.2x주가매출비율(P/S)MITSIB는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표MITSIB 손익계산서 (TTM)매출฿618.19m매출원가฿266.36m총이익฿351.82m기타 비용฿293.06m순이익฿58.77m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.043총이익률56.91%순이익률9.51%부채/자본 비율66.9%MITSIB의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당3.7%현재 배당 수익률47%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 21:43종가2026/05/20 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Mitsib Leasing 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.
Reported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.009 (vs ฿0.006 in 1Q 2025)First quarter 2026 results: EPS: ฿0.009 (up from ฿0.006 in 1Q 2025). Revenue: ฿157.9m (down 17% from 1Q 2025). Net income: ฿12.8m (up 44% from 1Q 2025). Profit margin: 8.1% (up from 4.7% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (4.6%).
New Risk • Mar 04New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿782.4m market cap, or US$24.7m).
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.04 (up from ฿0.01 in FY 2024). Revenue: ฿640.1m (down 22% from FY 2024). Net income: ฿54.9m (up 358% from FY 2024). Profit margin: 8.6% (up from 1.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year.
공시 • Feb 25+ 1 more updateMitsib Leasing Public Company Limited announces Annual dividend, payable on May 18, 2026Mitsib Leasing Public Company Limited announced Annual dividend of THB 0.0200 per share payable on May 18, 2026, ex-date on April 30, 2026 and record date on May 05, 2026.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.018 (vs ฿0.002 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.018 (up from ฿0.002 in 3Q 2024). Revenue: ฿164.2m (down 26% from 3Q 2024). Net income: ฿25.2m (up ฿23.3m from 3Q 2024). Profit margin: 15% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. 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 21% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 18First quarter 2026 earnings released: EPS: ฿0.009 (vs ฿0.006 in 1Q 2025)First quarter 2026 results: EPS: ฿0.009 (up from ฿0.006 in 1Q 2025). Revenue: ฿157.9m (down 17% from 1Q 2025). Net income: ฿12.8m (up 44% from 1Q 2025). Profit margin: 8.1% (up from 4.7% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
Upcoming Dividend • Apr 23Upcoming dividend of ฿0.02 per shareEligible shareholders must have bought the stock before 30 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (7.5%). Lower than average of industry peers (4.6%).
New Risk • Mar 04New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿782.4m market cap, or US$24.7m).
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.04 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.04 (up from ฿0.01 in FY 2024). Revenue: ฿640.1m (down 22% from FY 2024). Net income: ฿54.9m (up 358% from FY 2024). Profit margin: 8.6% (up from 1.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year and the company’s share price has also fallen by 19% per year.
공시 • Feb 25+ 1 more updateMitsib Leasing Public Company Limited announces Annual dividend, payable on May 18, 2026Mitsib Leasing Public Company Limited announced Annual dividend of THB 0.0200 per share payable on May 18, 2026, ex-date on April 30, 2026 and record date on May 05, 2026.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.018 (vs ฿0.002 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.018 (up from ฿0.002 in 3Q 2024). Revenue: ฿164.2m (down 26% from 3Q 2024). Net income: ฿25.2m (up ฿23.3m from 3Q 2024). Profit margin: 15% (up from 0.9% in 3Q 2024). The increase in margin was driven by lower expenses. 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 21% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.006 loss in 2Q 2024)Second quarter 2025 results: EPS: ฿0.012 (up from ฿0.006 loss in 2Q 2024). Revenue: ฿143.1m (down 33% from 2Q 2024). Net income: ฿16.6m (up ฿23.1m from 2Q 2024). Profit margin: 12% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: ฿0.006 (vs ฿0.014 in 1Q 2024)First quarter 2025 results: EPS: ฿0.006 (down from ฿0.014 in 1Q 2024). Revenue: ฿188.9m (down 1.8% from 1Q 2024). Net income: ฿8.87m (down 20% from 1Q 2024). Profit margin: 4.7% (down from 5.8% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.015 per shareEligible shareholders must have bought the stock before 06 May 2025. Payment date: 23 May 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of Thai dividend payers (7.9%). Lower than average of industry peers (3.6%).
공시 • Apr 25Pongchai Kasemtaweesak Expresses Intention Not to Resume the Position of Independent Director of Mitsib Leasing Public Company LimitedMitsib Leasing Public Company Limited at its AGM held on April 23, 2025, announced that Mr. Pongchai Kasemtaweesak has expressed his intention not to resume his position; therefore, it is necessary to consider selecting another individual to assume the role of Independent Director.
공시 • Apr 24+ 1 more updateMitsib Leasing Public Company Limited Approves Dividend for the Year 2024Mitsib Leasing Public Company Limited at its AGM held on April 23, 2025, approved the dividend payment from unallocated retained earnings and the net profit for the year 2024 to the company's shareholders in cash at a rate of THB 0.015 per share, totaling THB 20,589,582.44 million.
Reported Earnings • Feb 21Full year 2024 earnings released: EPS: ฿0.01 (vs ฿0.045 in FY 2023)Full year 2024 results: EPS: ฿0.01 (down from ฿0.045 in FY 2023). Revenue: ฿825.3m (up 20% from FY 2023). Net income: ฿12.0m (down 66% from FY 2023). Profit margin: 1.5% (down from 5.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 14% per year.
공시 • Feb 21+ 2 more updatesMitsib Leasing Public Company Limited Proposes Cash Dividend for the Period from January 1, 2024 to December 31, 2024, Payable on 23 May 2025Mitsib Leasing Public Company Limited at its AGM to be held on April 23, 2025, to consider the cash dividend for Common shareholders of THB 0.015 per share for the period from January 1, 2024 to December 31, 2024, payable on 23 May 2025. Ex-dividend date is 6 May 2025 and Record date is 7 May 2025.
공시 • Oct 02Mitsib Leasing Public Company Limited Announces Resignation of Warunee Nonthasrt as Company Secretary, Effective October 2, 2024Mitsib Leasing Public Company Limited announced resignation of Warunee Nonthasrt as Company Secretary, effective October 2, 2024. The Company will recruit and appoint persons with suitable qualifications.
Reported Earnings • Aug 10Second quarter 2024 earnings released: ฿0.016 loss per share (vs ฿0.012 profit in 2Q 2023)Second quarter 2024 results: ฿0.016 loss per share (down from ฿0.012 profit in 2Q 2023). Revenue: ฿213.9m (up 26% from 2Q 2023). Net loss: ฿6.50m (down 168% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Jun 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 6.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (฿1.13b market cap, or US$30.6m).
New Risk • May 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (฿1.02b market cap, or US$27.7m).
공시 • May 21Mitsib Leasing Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 551.524416 million.Mitsib Leasing Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 551.524416 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 787,892,023 Price\Range: THB 0.7 Transaction Features: Rights Offering
New Risk • May 11New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 6.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 16% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (฿567.3m market cap, or US$15.4m).
Reported Earnings • May 11First quarter 2024 earnings released: EPS: ฿0.014 (vs ฿0.018 in 1Q 2023)First quarter 2024 results: EPS: ฿0.014 (down from ฿0.018 in 1Q 2023). Revenue: ฿192.5m (up 7.2% from 1Q 2023). Net income: ฿11.1m (down 23% from 1Q 2023). Profit margin: 5.8% (down from 8.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: ฿0.045 (vs ฿0.027 in FY 2022)Full year 2023 results: EPS: ฿0.045 (up from ฿0.027 in FY 2022). Revenue: ฿686.5m (up 39% from FY 2022). Net income: ฿35.1m (up 63% from FY 2022). Profit margin: 5.1% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Feb 28+ 1 more updateMitsib Leasing Public Company Limited Proposes Omission of Dividend for the Year 2023Mitsib Leasing Public Company Limited at its board of directors meeting held on February 27, 2024, proposed the omission of dividend payment for the 2023 operating results because the company needs to use working capital to expand credit.
New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 20% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Market cap is less than US$100m (฿787.9m market cap, or US$22.5m).
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0.008 (vs ฿0.022 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.008 (down from ฿0.022 in 3Q 2022). Revenue: ฿164.1m (up 15% from 3Q 2022). Net income: ฿6.41m (down 63% from 3Q 2022). Profit margin: 3.9% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: ฿0.012 (vs ฿0.01 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.012 (up from ฿0.01 in 2Q 2022). Revenue: ฿169.2m (up 74% from 2Q 2022). Net income: ฿9.52m (up 28% from 2Q 2022). Profit margin: 5.6% (down from 7.7% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • May 19Mitsib Leasing Public Company Limited Proposes Dividend for the Period from 01 Jan. 2022 to 31 Dec. 2022, Payable on 19 May 2023Mitsib Leasing Public Company Limited proposes dividend of THB 0.002777777778 per share for the period from 01 Jan. 2022 to 31 Dec. 2022, payable on 19 May 2023. Ex-dividend date is 8 May 2023 and Record date is 9 May 2023.
Reported Earnings • May 17First quarter 2023 earnings released: EPS: ฿0.018 (vs ฿0.003 loss in 1Q 2022)First quarter 2023 results: EPS: ฿0.018 (up from ฿0.003 loss in 1Q 2022). Revenue: ฿179.6m (up 58% from 1Q 2022). Net income: ฿14.4m (up ฿16.5m from 1Q 2022). Profit margin: 8.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ฿0.023 (vs ฿0.009 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.023 (up from ฿0.009 in 3Q 2021). Revenue: ฿143.2m (up 50% from 3Q 2021). Net income: ฿17.4m (up 165% from 3Q 2021). Profit margin: 12% (up from 6.9% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16Less 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. 8 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ฿1.12, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 26x in the Specialty Retail industry in Thailand. Total loss to shareholders of 45% over the past three years.
공시 • Sep 28Mitsib Leasing Public Company Limited Announces Director ChangesMitsib Leasing Public Company Limited announced the appointment of Miss Banchuen Wannarat as Acting Director of Accounting and Finance, Effective Date of Appointment is September 27, 2022 and also announced the termination of Mr. Aekapop Assavasetthachok as Acting Director of Accounting and Finance, Effective Date of Termination is September 23, 2022.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improved over the past weekAfter last week's 30% share price gain to ฿1.35, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 27x in the Specialty Retail industry in Thailand. Total loss to shareholders of 35% over the past three years.
공시 • Aug 13Mitsib Leasing Public Company Limited Appoints Banchuen Wannarat as Chief Financial OfficerMitsib Leasing Public Company Limited appointed Banchuen Wannarat as Chief Financial Officer. Effective date of appointment is 09 August, 2022.
공시 • Aug 11+ 2 more updatesMitsib Leasing Public Company Limited Announces Termination of Phimwalan Techapanich as Chief Financial OfficerMitsib Leasing Public Company Limited announced termination of Miss Phimwalan Techapanich as Chief Financial Officer(Effective date 10 August 2021). Effective date of termination is 31 May, 2022.
Reported Earnings • May 15First quarter 2022 earnings released: ฿0.003 loss per share (vs ฿0.004 loss in 1Q 2021)First quarter 2022 results: ฿0.003 loss per share (up from ฿0.004 loss in 1Q 2021). Revenue: ฿113.9m (down 35% from 1Q 2021). Net loss: ฿2.02m (loss narrowed 34% from 1Q 2021).
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.015 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 20 May 2022. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 1.4%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (1.6%).
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. 9 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . 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 12Third quarter 2021 earnings released: EPS ฿0.009 (vs ฿0.009 loss in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ฿95.8m (down 12% from 3Q 2020). Net income: ฿6.57m (up ฿13.7m from 3Q 2020). Profit margin: 6.9% (up from net loss in 3Q 2020).
Reported Earnings • Aug 13Second quarter 2021 earnings released: ฿0.01 loss per share (vs ฿0.004 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: ฿103.6m (down 7.8% from 2Q 2020). Net loss: ฿7.24m (down 382% from profit in 2Q 2020).
Reported Earnings • May 17First quarter 2021 earnings released: ฿0.004 loss per share (vs ฿0.017 profit in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: ฿174.3m (up 43% from 1Q 2020). Net loss: ฿3.04m (down 124% from profit in 1Q 2020).
Upcoming Dividend • Apr 29Upcoming dividend of ฿0.046 per shareEligible shareholders must have bought the stock before 06 May 2021. Payment date: 20 May 2021. Trailing yield: 2.9%. Lower than top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (1.1%).
공시 • Apr 27Mitsib Leasing Public Company Limited Approves Cash Dividend, Payable on May 20, 2021The AGM of Mitsib Leasing Public Company Limited approved cash dividends at the rate of THB 0.04616 per share, totaling THB 32,987,898, total amount of dividend payment at THB 0.07116 per share, totaling THB 50,853,961. The company will pay the said dividend to the shareholders as shown on the list of shareholders who are entitled to receive dividends or Record date on May 7, 2021 and the dividend payment is scheduled on May 20, 2021 as well.
Valuation Update With 7 Day Price Move • Mar 16Investor sentiment improved over the past weekAfter last week's 34% share price gain to ฿1.46, the stock trades at a trailing P/E ratio of 39.4x, up from the previous P/E ratio of 29.4x. Average P/E is 31x in the Specialty Retail industry in Thailand. Total returns to shareholders over the past year are 52%.
공시 • Mar 12+ 1 more updateMitsib Leasing Public Company Limited Proposes Dividend, Payable on 20 May 2021Mitsib Leasing Public Company Limited proposed to pay dividends in cash at the rate of THB 0.04616 per share (consisting of Cash dividend the rate of THB 0.04338 per share and withholding tax on dividends are common shares. At the rate of THB 0.002778) in the total amount THB 32,987,897.94 and the record date for the right to receive dividends on May 7, 2021 and the date of dividend payment on 20 May 2021.
Is New 90 Day High Low • Mar 12New 90-day high: ฿1.12The company is up 11% from its price of ฿1.01 on 09 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Specialty Retail industry, which is up 19% over the same period.
Executive Departure • Mar 09Chief Financial Officer has left the companyOn the 26th of February, Prapod Jittrong's tenure as Chief Financial Officer ended after 1.3 years in the role. We don't have any record of a personal shareholding under Prapod's name. A total of 2 executives have left over the last 12 months.
공시 • Mar 03Mitsib Leasing Public Company Limited Announces Management ChangesMitsib Leasing Public Company Limited announced the resignation of Mr. Prapod Jittrong from the position CFO due to retirement with effective on February 26,2021. In the meantime. Miss.Phimwalan Techapanich, Accounting Manager will be in charged. The company is in the process of recruiting and appointing qualified persons to hold such positions.
공시 • Feb 26Mitsib Leasing Public Company Limited, Annual General Meeting, Apr 23, 2021Mitsib Leasing Public Company Limited, Annual General Meeting, Apr 23, 2021, at 13:00 SE Asia Standard Time. Location: at the hotel. Multiply 998 Moo 10 Soi Bearing 34, Sukhumvit 107 Road, Samrong Nuea Subdistrict Mueang Samut Prakan District Samut Prakan Province 10270 Samut Prakan Thailand Agenda: To consider and approve the minutes of the Annual General Meeting of Shareholders No. 1/2020; to consider acknowledge the company's operating results. For accounting period ended 31 December 2020; to consider and approve the financial statements for the year 2020 ended 31 December 2020; to consider and to approve the reduction of registered capital; to consider and approve the allocation of net profits as legal reserve. And pay dividends for the accounting period Ended on 31 December 2020; and to consider any other matter.
Is New 90 Day High Low • Feb 08New 90-day high: ฿1.11The company is up 12% from its price of ฿0.99 on 10 November 2020. The Thai market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is up 8.0% over the same period.
Reported Earnings • Nov 11Third quarter 2020 earnings released: ฿0.01 loss per shareThe company reported a soft third quarter result with weaker earnings and control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: ฿119.7m (up 17% from 3Q 2019). Net loss: ฿7.11m (down 138% from profit in 3Q 2019).
공시 • Nov 10Mitsib Leasing Public Company Limited Appoints Varunee Nonthasri as the Company SecretaryThe Board of the Director's Meeting of the Mitsib Leasing Public Company Limited held on 9 November 2020 has resolved to appointment of Ms. Varunee Nonthasri as the Company Secretary. The effective date is on 9 November 2020 onwards.
Is New 90 Day High Low • Nov 05New 90-day low: ฿0.99The company is down 2.0% from its price of ฿1.01 on 07 August 2020. The Thai market is down 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is down 9.0% over the same period.
