View Financial HealthSPCG 배당 및 자사주 매입배당 기준 점검 2/6SPCG 은(는) 현재 수익률이 7.29% 인 배당금 지급 회사입니다. 다음 지급일은 22nd May, 2026 이며 배당락일은 다음과 같습니다. 13th March, 2026.핵심 정보7.3%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률-2.0%다음 배당 지급일22 May 26배당락일13 Mar 26주당 배당금n/a배당 성향184%최근 배당 및 자사주 매입 업데이트공지 • Feb 26SPCG Public Company Limited Proposes Cash Dividend for the Year 2025, Payable on May 22, 2026SPCG Public Company Limited proposed to the meeting for consideration and approval the allocation of profits and payment of dividends from the operating results for the year 2025 and retained earnings at a rate of THB 2.16 per share. An interim dividend of THB 1.90 per share has already been paid from retained earnings for 1,055,790,000 shares, totaling THB 2,006,001,000. The remaining dividend to be paid in this period is at a rate of THB 0.26 per share for 1,055,790,000 shares, totaling THB 274,505,400. The record date for shareholders entitled to receive dividends is March 16, 2026, and the payment date is May 22, 2026, Ex-dividend date is 13 March, 2026. However, the right to receive such dividends remains uncertain until approved by the 2026 Annual General Meeting of Shareholders on 30 April, 2026.Declared Dividend • Feb 26Dividend of ฿0.26 announcedShareholders will receive a dividend of ฿0.26. Ex-date: 13th March 2026 Payment date: 22nd May 2026 Dividend yield will be 24%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (272% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 202% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend.Upcoming Dividend • Nov 21Upcoming dividend of ฿1.50 per shareEligible shareholders must have bought the stock before 28 November 2025. Payment date: 12 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 12%. Within top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (4.4%).Declared Dividend • Aug 16First half dividend of ฿0.40 announcedShareholders will receive a dividend of ฿0.40. Ex-date: 1st September 2025 Payment date: 12th September 2025 Dividend yield will be 13%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (168% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 87% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend.공지 • Aug 17SPCG Public Company Limited Declares Interim Cash Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on September 13, 2024SPCG Public Company Limited declares interim cash dividend of THB 0.50 per share for the period from January 1, 2024 to June 30, 2024, payable on September 13, 2024. Record date for the right to receive dividends is August 30, 2024. Ex-dividend date is August 29, 2024.Declared Dividend • Aug 16First half dividend increased to ฿0.50Dividend of ฿0.50 is 67% higher than last year. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 14%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 4.2% to shift the payout ratio to a potentially unsustainable range, which is less than the 16% EPS decline seen over the last 5 years.모든 업데이트 보기Recent updatesReported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.36 (vs ฿0.65 in FY 2024)Full year 2025 results: EPS: ฿0.36 (down from ฿0.65 in FY 2024). Revenue: ฿1.73b (down 16% from FY 2024). Net income: ฿378.3m (down 45% from FY 2024). Profit margin: 22% (down from 33% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.공지 • Feb 26SPCG Public Company Limited Proposes Cash Dividend for the Year 2025, Payable on May 22, 2026SPCG Public Company Limited proposed to the meeting for consideration and approval the allocation of profits and payment of dividends from the operating results for the year 2025 and retained earnings at a rate of THB 2.16 per share. An interim dividend of THB 1.90 per share has already been paid from retained earnings for 1,055,790,000 shares, totaling THB 2,006,001,000. The remaining dividend to be paid in this period is at a rate of THB 0.26 per share for 1,055,790,000 shares, totaling THB 274,505,400. The record date for shareholders entitled to receive dividends is March 16, 2026, and the payment date is May 22, 2026, Ex-dividend date is 13 March, 2026. However, the right to receive such dividends remains uncertain until approved by the 2026 Annual General Meeting of Shareholders on 30 April, 2026.Declared Dividend • Feb 26Dividend of ฿0.26 announcedShareholders will receive a dividend of ฿0.26. Ex-date: 13th March 2026 Payment date: 22nd May 2026 Dividend yield will be 24%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (272% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 202% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend.공지 • Feb 25SPCG Public Company Limited, Annual General Meeting, Apr 30, 2026SPCG Public Company Limited, Annual General Meeting, Apr 30, 2026, at 14:00 SE Asia Standard Time.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿8.40, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 13x in the Renewable Energy industry in Thailand. Total loss to shareholders of 4.9% over the past three years.New Risk • Nov 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 6.6% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 272% Cash payout ratio: 123% Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (23% net profit margin).Upcoming Dividend • Nov 21Upcoming dividend of ฿1.50 per shareEligible shareholders must have bought the stock before 28 November 2025. Payment date: 12 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 12%. Within top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (4.4%).Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.07 (vs ฿0.09 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.07 (down from ฿0.09 in 3Q 2024). Revenue: ฿449.5m (up 23% from 3Q 2024). Net income: ฿76.9m (down 16% from 3Q 2024). Profit margin: 17% (down from 25% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 54% 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.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿9.70, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 14x in the Renewable Energy industry in Thailand. Total loss to shareholders of 4.5% over the past three years.Board Change • Oct 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive Vice President of Business Development & Director Narinporn Malasri was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Declared Dividend • Aug 16First half dividend of ฿0.40 announcedShareholders will receive a dividend of ฿0.40. Ex-date: 1st September 2025 Payment date: 12th September 2025 Dividend yield will be 13%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (168% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 87% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.09 (vs ฿0.14 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.09 (down from ฿0.14 in 2Q 2024). Revenue: ฿388.5m (down 21% from 2Q 2024). Net income: ฿94.4m (down 34% from 2Q 2024). Profit margin: 24% (down from 29% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.31 in 1Q 2024)First quarter 2025 results: EPS: ฿0.13 (down from ฿0.31 in 1Q 2024). Revenue: ฿534.4m (down 27% from 1Q 2024). Net income: ฿137.8m (down 58% from 1Q 2024). Profit margin: 26% (down from 45% in 1Q 2024). The decrease in margin was driven by lower revenue. 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 22% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Mar 11Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to ฿7.80. The fair value is estimated to be ฿10.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 30%.New Risk • Feb 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 186% Cash payout ratio: 92% Dividend yield: 14% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Cash payout ratio: 92% Earnings have declined by 16% per year over the past 5 years.Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿0.65 (vs ฿1.74 in FY 2023)Full year 2024 results: EPS: ฿0.65 (down from ฿1.74 in FY 2023). Revenue: ฿2.05b (down 50% from FY 2023). Net income: ฿682.5m (down 63% from FY 2023). Profit margin: 33% (down from 45% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.공지 • Feb 24+ 2 more updatesSPCG Public Company Limited, Annual General Meeting, Apr 18, 2025SPCG Public Company Limited, Annual General Meeting, Apr 18, 2025, at 14:00 SE Asia Standard Time.공지 • Feb 14SPCG Public Company Limited Announces Resignation of Narinporn Malasri as DirectorSPCG Public Company Limited announced the resignation of Mrs. Narinporn Malasri as director, due to Personal Mission, effective 14 February 2025.공지 • Feb 12SPCG Public Company Limited Announces Resignation of Art-ong Jumsai Na Ayudhya as Independent Director, Member of Audit, Nomination, Remuneration and Corporate Governance CommitteeSPCG Public Company Limited announced that Dr. Art-ong Jumsai Na Ayudhya, an Independent Director/Member of Audit Committee/Member of Nomination, Remuneration and Corporate Governance Committee, has submitted his resignation from all the above positions due to health problems, effective from February 11, 2025 onwards.공지 • Aug 17SPCG Public Company Limited Declares Interim Cash Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on September 13, 2024SPCG Public Company Limited declares interim cash dividend of THB 0.50 per share for the period from January 1, 2024 to June 30, 2024, payable on September 13, 2024. Record date for the right to receive dividends is August 30, 2024. Ex-dividend date is August 29, 2024.Declared Dividend • Aug 16First half dividend increased to ฿0.50Dividend of ฿0.50 is 67% higher than last year. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 14%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 4.2% to shift the payout ratio to a potentially unsustainable range, which is less than the 16% EPS decline seen over the last 5 years.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ฿0.14 (vs ฿0.52 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.14 (down from ฿0.52 in 2Q 2023). Revenue: ฿493.8m (down 59% from 2Q 2023). Net income: ฿143.7m (down 74% from 2Q 2023). Profit margin: 29% (down from 46% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.31 (vs ฿0.56 in 1Q 2023)First quarter 2024 results: EPS: ฿0.31 (down from ฿0.56 in 1Q 2023). Revenue: ฿735.5m (down 38% from 1Q 2023). Net income: ฿329.4m (down 45% from 1Q 2023). Profit margin: 45% (down from 51% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 16% per year.공지 • Apr 20SPCG Public Company Limited Approves Dividend, Payable on May 17, 2024SPCG Public Company Limited announced at the AGM held on April 19, 2024, resolved to acknowledge the interim dividend payment from the operating results for the period January 1, 2023 - June 30, 2023 and retained earnings at the rate of THB 0.30 per share, amounting to 1,0 5 5,7 9 0,0 0 0 shares, totaling 3 1 6,7 3 7,0 0 0 and approve the dividends payment to be paid in this period at the rate of THB 0.65 per share, totaling 686,263,500baht (together, the dividend for the year 2 0 2 3 will be equal to THB 0.95 per share, totaling amount THB 1,003,000,500 by specifying the list of shareholders who are entitled to receive the dividend (Record Date) on March 12, 2024 and the dividend payment date May 17, 2024.Upcoming Dividend • Mar 04Upcoming dividend of ฿0.65 per shareEligible shareholders must have bought the stock before 11 March 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 7.7%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (2.6%).Declared Dividend • Feb 25Final dividend increased to ฿0.65Dividend of ฿0.65 is 8.3% higher than last year. Ex-date: 11th March 2024 Payment date: 17th May 2024 Dividend yield will be 7.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 50% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.4% EPS decline seen over the last 5 years.Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿1.74 (vs ฿2.20 in FY 2022)Full year 2023 results: EPS: ฿1.74 (down from ฿2.20 in FY 2022). Revenue: ฿4.13b (down 5.3% from FY 2022). Net income: ฿1.84b (down 21% from FY 2022). Profit margin: 45% (down from 53% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 15% per year.공지 • Feb 24SPCG Public Company Limited, Annual General Meeting, Apr 19, 2024SPCG Public Company Limited, Annual General Meeting, Apr 19, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the Performance of the Company for the year 2023; To consider and approve the consolidated financial statements and the Company's financial statements for the fiscal period ended on December 31, 2023; To consider and approve the appropriation and dividend payment from the Company's operating results for the year 2023.Upcoming Dividend • Nov 15Upcoming dividend of ฿0.60 per share at 7.1% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (2.2%).Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Non-Executive Director Alisa Khunchornyakong was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 18Upcoming dividend of ฿0.30 per share at 7.0% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 7.0%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.9%).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.52 (vs ฿0.52 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.52 (in line with 2Q 2022). Revenue: ฿1.20b (up 25% from 2Q 2022). Net income: ฿553.4m (flat on 2Q 2022). Profit margin: 46% (down from 57% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.공지 • Aug 12SPCG Public Company Limited Declares Interim Cash Dividend for the Period from January 1, 2023 to June 30, 2023, Payable on September 8, 2023SPCG Public Company Limited declares interim cash dividend of THB 0.30 per share for the period from January 1, 2023 to June 30, 2023, payable on September 8, 2023. Record date for the right to receive dividends is August 28, 2023. Ex-dividend date is August 25, 2023.Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.56 (vs ฿0.58 in 1Q 2022)First quarter 2023 results: EPS: ฿0.56 (down from ฿0.58 in 1Q 2022). Revenue: ฿1.18b (up 12% from 1Q 2022). Net income: ฿596.5m (down 2.6% from 1Q 2022). Profit margin: 51% (down from 58% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Mar 07Upcoming dividend of ฿0.60 per share at 5.9% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 18 May 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (1.7%).Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: ฿0.46 (vs ฿0.51 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.46 (down from ฿0.51 in 3Q 2021). Revenue: ฿1.00b (down 2.8% from 3Q 2021). Net income: ฿483.2m (down 11% from 3Q 2021). Profit margin: 48% (down from 52% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Executive VP of Management & Director Narinporn Malasri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 22Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 29 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (1.9%).Reported Earnings • Aug 16Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: ฿0.52. Revenue: ฿964.3m (down 19% from 2Q 2021). Net income: ฿554.0m (down 13% from 2Q 2021). Profit margin: 57% (up from 54% in 2Q 2021). The increase in margin was driven by lower expenses.Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.58 (vs ฿0.69 in 1Q 2021)First quarter 2022 results: EPS: ฿0.58 (down from ฿0.69 in 1Q 2021). Revenue: ฿1.11b (down 5.7% from 1Q 2021). Net income: ฿666.1m (down 4.8% from 1Q 2021). Profit margin: 60% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Executive VP of Management & Director Narinporn Malasri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Mar 14Upcoming dividend of ฿0.55 per shareEligible shareholders must have bought the stock before 21 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 34% and the cash payout ratio is 94%. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.7%).Upcoming Dividend • Mar 07Upcoming dividend of ฿0.55 per shareEligible shareholders must have bought the stock before 14 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 34% and the cash payout ratio is 94%. Trailing yield: 4.6%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.7%).Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿2.37 (down from ฿2.81 in FY 2020). Revenue: ฿4.49b (down 8.7% from FY 2020). Net income: ฿2.48b (down 9.2% from FY 2020). Profit margin: 55% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.51 (vs ฿0.70 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿1.03b (down 13% from 3Q 2020). Net income: ฿540.8m (down 21% from 3Q 2020). Profit margin: 52% (down from 58% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Aug 20Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 10 September 2021. Trailing yield: 5.0%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.8%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.61 (vs ฿0.68 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ฿1.24b (up 5.9% from 2Q 2020). Net income: ฿637.1m (down 4.0% from 2Q 2020). Profit margin: 51% (down from 56% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.69 (vs ฿0.77 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: ฿1.19b (down 18% from 1Q 2020). Net income: ฿700.1m (down 6.5% from 1Q 2020). Profit margin: 59% (up from 52% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿2.80 (vs ฿2.74 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: ฿5.05b (down 3.8% from FY 2019). Net income: ฿2.73b (up 2.3% from FY 2019). Profit margin: 54% (up from 51% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Jan 26New 90-day low: ฿19.50The company is down 4.0% from its price of ฿20.40 on 28 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 29% over the same period.Is New 90 Day High Low • Nov 09New 90-day high: ฿21.20The company is up 9.0% from its price of ฿19.40 on 11 August 2020. The Thai market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 9.0% over the same period.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS ฿0.70The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: ฿1.18b (flat on 3Q 2019). Net income: ฿684.8m (up 19% from 3Q 2019). Profit margin: 58% (up from 48% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 22New 90-day high: ฿19.90The company is up 3.0% from its price of ฿19.30 on 24 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 19% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: SPCG 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: SPCG 의 배당금 지급액은 지난 10 년 동안 감소했습니다.배당 수익률 vs 시장SPCG 배당 수익률 vs 시장SPCG의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (SPCG)7.3%시장 하위 25% (TH)3.4%시장 상위 25% (TH)7.5%업계 평균 (Renewable Energy)2.6%분석가 예측 (SPCG) (최대 3년)n/a주목할만한 배당금: SPCG 의 배당금( 7.29% )은 TH 시장에서 배당금 지급자의 하위 25%( 3.45% )보다 높습니다.고배당: SPCG 의 배당금( 7.29% )은 TH 시장에서 배당금 지급자의 상위 25%( 7.45% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 184.2% )이 높기 때문에 SPCG 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 합리적인 현금 지급 비율 ( 53.7% )로 SPCG 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 04:11종가2026/05/07 00:00수익2025/12/31연간 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 소스SPCG Public Company Limited는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Charnvut TaechaamorntanakijKrungsri Securities Public Company LimitedChun PhokaisawanRHB Investment BankSupanna SuwankirdTTB Wealth Securities Public Company Limited
공지 • Feb 26SPCG Public Company Limited Proposes Cash Dividend for the Year 2025, Payable on May 22, 2026SPCG Public Company Limited proposed to the meeting for consideration and approval the allocation of profits and payment of dividends from the operating results for the year 2025 and retained earnings at a rate of THB 2.16 per share. An interim dividend of THB 1.90 per share has already been paid from retained earnings for 1,055,790,000 shares, totaling THB 2,006,001,000. The remaining dividend to be paid in this period is at a rate of THB 0.26 per share for 1,055,790,000 shares, totaling THB 274,505,400. The record date for shareholders entitled to receive dividends is March 16, 2026, and the payment date is May 22, 2026, Ex-dividend date is 13 March, 2026. However, the right to receive such dividends remains uncertain until approved by the 2026 Annual General Meeting of Shareholders on 30 April, 2026.
Declared Dividend • Feb 26Dividend of ฿0.26 announcedShareholders will receive a dividend of ฿0.26. Ex-date: 13th March 2026 Payment date: 22nd May 2026 Dividend yield will be 24%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (272% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 202% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend.
Upcoming Dividend • Nov 21Upcoming dividend of ฿1.50 per shareEligible shareholders must have bought the stock before 28 November 2025. Payment date: 12 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 12%. Within top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (4.4%).
Declared Dividend • Aug 16First half dividend of ฿0.40 announcedShareholders will receive a dividend of ฿0.40. Ex-date: 1st September 2025 Payment date: 12th September 2025 Dividend yield will be 13%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (168% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 87% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend.
공지 • Aug 17SPCG Public Company Limited Declares Interim Cash Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on September 13, 2024SPCG Public Company Limited declares interim cash dividend of THB 0.50 per share for the period from January 1, 2024 to June 30, 2024, payable on September 13, 2024. Record date for the right to receive dividends is August 30, 2024. Ex-dividend date is August 29, 2024.
Declared Dividend • Aug 16First half dividend increased to ฿0.50Dividend of ฿0.50 is 67% higher than last year. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 14%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 4.2% to shift the payout ratio to a potentially unsustainable range, which is less than the 16% EPS decline seen over the last 5 years.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.36 (vs ฿0.65 in FY 2024)Full year 2025 results: EPS: ฿0.36 (down from ฿0.65 in FY 2024). Revenue: ฿1.73b (down 16% from FY 2024). Net income: ฿378.3m (down 45% from FY 2024). Profit margin: 22% (down from 33% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
공지 • Feb 26SPCG Public Company Limited Proposes Cash Dividend for the Year 2025, Payable on May 22, 2026SPCG Public Company Limited proposed to the meeting for consideration and approval the allocation of profits and payment of dividends from the operating results for the year 2025 and retained earnings at a rate of THB 2.16 per share. An interim dividend of THB 1.90 per share has already been paid from retained earnings for 1,055,790,000 shares, totaling THB 2,006,001,000. The remaining dividend to be paid in this period is at a rate of THB 0.26 per share for 1,055,790,000 shares, totaling THB 274,505,400. The record date for shareholders entitled to receive dividends is March 16, 2026, and the payment date is May 22, 2026, Ex-dividend date is 13 March, 2026. However, the right to receive such dividends remains uncertain until approved by the 2026 Annual General Meeting of Shareholders on 30 April, 2026.
Declared Dividend • Feb 26Dividend of ฿0.26 announcedShareholders will receive a dividend of ฿0.26. Ex-date: 13th March 2026 Payment date: 22nd May 2026 Dividend yield will be 24%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (272% earnings payout ratio) nor is it covered by cash flows (112% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 202% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend.
공지 • Feb 25SPCG Public Company Limited, Annual General Meeting, Apr 30, 2026SPCG Public Company Limited, Annual General Meeting, Apr 30, 2026, at 14:00 SE Asia Standard Time.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿8.40, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 13x in the Renewable Energy industry in Thailand. Total loss to shareholders of 4.9% over the past three years.
New Risk • Nov 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 6.6% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 272% Cash payout ratio: 123% Earnings have declined by 27% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (23% net profit margin).
Upcoming Dividend • Nov 21Upcoming dividend of ฿1.50 per shareEligible shareholders must have bought the stock before 28 November 2025. Payment date: 12 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 12%. Within top quartile of Thai dividend payers (8.0%). Higher than average of industry peers (4.4%).
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: ฿0.07 (vs ฿0.09 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.07 (down from ฿0.09 in 3Q 2024). Revenue: ฿449.5m (up 23% from 3Q 2024). Net income: ฿76.9m (down 16% from 3Q 2024). Profit margin: 17% (down from 25% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 54% 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.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ฿9.70, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 14x in the Renewable Energy industry in Thailand. Total loss to shareholders of 4.5% over the past three years.
Board Change • Oct 10High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive Vice President of Business Development & Director Narinporn Malasri was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Declared Dividend • Aug 16First half dividend of ฿0.40 announcedShareholders will receive a dividend of ฿0.40. Ex-date: 1st September 2025 Payment date: 12th September 2025 Dividend yield will be 13%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is not covered by earnings (168% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 87% to bring the payout ratio under control. However, EPS has declined by 32% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: ฿0.09 (vs ฿0.14 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.09 (down from ฿0.14 in 2Q 2024). Revenue: ฿388.5m (down 21% from 2Q 2024). Net income: ฿94.4m (down 34% from 2Q 2024). Profit margin: 24% (down from 29% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: ฿0.13 (vs ฿0.31 in 1Q 2024)First quarter 2025 results: EPS: ฿0.13 (down from ฿0.31 in 1Q 2024). Revenue: ฿534.4m (down 27% from 1Q 2024). Net income: ฿137.8m (down 58% from 1Q 2024). Profit margin: 26% (down from 45% in 1Q 2024). The decrease in margin was driven by lower revenue. 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 22% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Mar 11Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to ฿7.80. The fair value is estimated to be ฿10.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 30%.
New Risk • Feb 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 186% Cash payout ratio: 92% Dividend yield: 14% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 186% Cash payout ratio: 92% Earnings have declined by 16% per year over the past 5 years.
Reported Earnings • Feb 25Full year 2024 earnings released: EPS: ฿0.65 (vs ฿1.74 in FY 2023)Full year 2024 results: EPS: ฿0.65 (down from ฿1.74 in FY 2023). Revenue: ฿2.05b (down 50% from FY 2023). Net income: ฿682.5m (down 63% from FY 2023). Profit margin: 33% (down from 45% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
공지 • Feb 24+ 2 more updatesSPCG Public Company Limited, Annual General Meeting, Apr 18, 2025SPCG Public Company Limited, Annual General Meeting, Apr 18, 2025, at 14:00 SE Asia Standard Time.
공지 • Feb 14SPCG Public Company Limited Announces Resignation of Narinporn Malasri as DirectorSPCG Public Company Limited announced the resignation of Mrs. Narinporn Malasri as director, due to Personal Mission, effective 14 February 2025.
공지 • Feb 12SPCG Public Company Limited Announces Resignation of Art-ong Jumsai Na Ayudhya as Independent Director, Member of Audit, Nomination, Remuneration and Corporate Governance CommitteeSPCG Public Company Limited announced that Dr. Art-ong Jumsai Na Ayudhya, an Independent Director/Member of Audit Committee/Member of Nomination, Remuneration and Corporate Governance Committee, has submitted his resignation from all the above positions due to health problems, effective from February 11, 2025 onwards.
공지 • Aug 17SPCG Public Company Limited Declares Interim Cash Dividend for the Period from January 1, 2024 to June 30, 2024, Payable on September 13, 2024SPCG Public Company Limited declares interim cash dividend of THB 0.50 per share for the period from January 1, 2024 to June 30, 2024, payable on September 13, 2024. Record date for the right to receive dividends is August 30, 2024. Ex-dividend date is August 29, 2024.
Declared Dividend • Aug 16First half dividend increased to ฿0.50Dividend of ฿0.50 is 67% higher than last year. Ex-date: 29th August 2024 Payment date: 13th September 2024 Dividend yield will be 14%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (86% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 4.2% to shift the payout ratio to a potentially unsustainable range, which is less than the 16% EPS decline seen over the last 5 years.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: ฿0.14 (vs ฿0.52 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.14 (down from ฿0.52 in 2Q 2023). Revenue: ฿493.8m (down 59% from 2Q 2023). Net income: ฿143.7m (down 74% from 2Q 2023). Profit margin: 29% (down from 46% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: ฿0.31 (vs ฿0.56 in 1Q 2023)First quarter 2024 results: EPS: ฿0.31 (down from ฿0.56 in 1Q 2023). Revenue: ฿735.5m (down 38% from 1Q 2023). Net income: ฿329.4m (down 45% from 1Q 2023). Profit margin: 45% (down from 51% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 16% per year.
공지 • Apr 20SPCG Public Company Limited Approves Dividend, Payable on May 17, 2024SPCG Public Company Limited announced at the AGM held on April 19, 2024, resolved to acknowledge the interim dividend payment from the operating results for the period January 1, 2023 - June 30, 2023 and retained earnings at the rate of THB 0.30 per share, amounting to 1,0 5 5,7 9 0,0 0 0 shares, totaling 3 1 6,7 3 7,0 0 0 and approve the dividends payment to be paid in this period at the rate of THB 0.65 per share, totaling 686,263,500baht (together, the dividend for the year 2 0 2 3 will be equal to THB 0.95 per share, totaling amount THB 1,003,000,500 by specifying the list of shareholders who are entitled to receive the dividend (Record Date) on March 12, 2024 and the dividend payment date May 17, 2024.
Upcoming Dividend • Mar 04Upcoming dividend of ฿0.65 per shareEligible shareholders must have bought the stock before 11 March 2024. Payment date: 17 May 2024. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 7.7%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (2.6%).
Declared Dividend • Feb 25Final dividend increased to ฿0.65Dividend of ฿0.65 is 8.3% higher than last year. Ex-date: 11th March 2024 Payment date: 17th May 2024 Dividend yield will be 7.8%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 50% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.4% EPS decline seen over the last 5 years.
Reported Earnings • Feb 24Full year 2023 earnings released: EPS: ฿1.74 (vs ฿2.20 in FY 2022)Full year 2023 results: EPS: ฿1.74 (down from ฿2.20 in FY 2022). Revenue: ฿4.13b (down 5.3% from FY 2022). Net income: ฿1.84b (down 21% from FY 2022). Profit margin: 45% (down from 53% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 15% per year.
공지 • Feb 24SPCG Public Company Limited, Annual General Meeting, Apr 19, 2024SPCG Public Company Limited, Annual General Meeting, Apr 19, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the Performance of the Company for the year 2023; To consider and approve the consolidated financial statements and the Company's financial statements for the fiscal period ended on December 31, 2023; To consider and approve the appropriation and dividend payment from the Company's operating results for the year 2023.
Upcoming Dividend • Nov 15Upcoming dividend of ฿0.60 per share at 7.1% yieldEligible shareholders must have bought the stock before 22 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (2.2%).
Board Change • Sep 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Non-Executive Director Alisa Khunchornyakong was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 18Upcoming dividend of ฿0.30 per share at 7.0% yieldEligible shareholders must have bought the stock before 25 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 7.0%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (1.9%).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.52 (vs ฿0.52 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.52 (in line with 2Q 2022). Revenue: ฿1.20b (up 25% from 2Q 2022). Net income: ฿553.4m (flat on 2Q 2022). Profit margin: 46% (down from 57% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year.
공지 • Aug 12SPCG Public Company Limited Declares Interim Cash Dividend for the Period from January 1, 2023 to June 30, 2023, Payable on September 8, 2023SPCG Public Company Limited declares interim cash dividend of THB 0.30 per share for the period from January 1, 2023 to June 30, 2023, payable on September 8, 2023. Record date for the right to receive dividends is August 28, 2023. Ex-dividend date is August 25, 2023.
Reported Earnings • May 18First quarter 2023 earnings released: EPS: ฿0.56 (vs ฿0.58 in 1Q 2022)First quarter 2023 results: EPS: ฿0.56 (down from ฿0.58 in 1Q 2022). Revenue: ฿1.18b (up 12% from 1Q 2022). Net income: ฿596.5m (down 2.6% from 1Q 2022). Profit margin: 51% (down from 58% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.60 per share at 5.9% yieldEligible shareholders must have bought the stock before 14 March 2023. Payment date: 18 May 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (1.7%).
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: ฿0.46 (vs ฿0.51 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.46 (down from ฿0.51 in 3Q 2021). Revenue: ฿1.00b (down 2.8% from 3Q 2021). Net income: ฿483.2m (down 11% from 3Q 2021). Profit margin: 48% (down from 52% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Executive VP of Management & Director Narinporn Malasri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 22Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 29 August 2022. Payment date: 09 September 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (1.9%).
Reported Earnings • Aug 16Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: ฿0.52. Revenue: ฿964.3m (down 19% from 2Q 2021). Net income: ฿554.0m (down 13% from 2Q 2021). Profit margin: 57% (up from 54% in 2Q 2021). The increase in margin was driven by lower expenses.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.58 (vs ฿0.69 in 1Q 2021)First quarter 2022 results: EPS: ฿0.58 (down from ฿0.69 in 1Q 2021). Revenue: ฿1.11b (down 5.7% from 1Q 2021). Net income: ฿666.1m (down 4.8% from 1Q 2021). Profit margin: 60% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Executive VP of Management & Director Narinporn Malasri was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Mar 14Upcoming dividend of ฿0.55 per shareEligible shareholders must have bought the stock before 21 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 34% and the cash payout ratio is 94%. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.7%).
Upcoming Dividend • Mar 07Upcoming dividend of ฿0.55 per shareEligible shareholders must have bought the stock before 14 March 2022. Payment date: 17 May 2022. Payout ratio is a comfortable 34% and the cash payout ratio is 94%. Trailing yield: 4.6%. Lower than top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (1.7%).
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿2.37 (down from ฿2.81 in FY 2020). Revenue: ฿4.49b (down 8.7% from FY 2020). Net income: ฿2.48b (down 9.2% from FY 2020). Profit margin: 55% (in line with FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS ฿0.51 (vs ฿0.70 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿1.03b (down 13% from 3Q 2020). Net income: ฿540.8m (down 21% from 3Q 2020). Profit margin: 52% (down from 58% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Aug 20Upcoming dividend of ฿0.25 per shareEligible shareholders must have bought the stock before 27 August 2021. Payment date: 10 September 2021. Trailing yield: 5.0%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.8%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS ฿0.61 (vs ฿0.68 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ฿1.24b (up 5.9% from 2Q 2020). Net income: ฿637.1m (down 4.0% from 2Q 2020). Profit margin: 51% (down from 56% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • May 16First quarter 2021 earnings released: EPS ฿0.69 (vs ฿0.77 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and revenues, although profit margins were improved. First quarter 2021 results: Revenue: ฿1.19b (down 18% from 1Q 2020). Net income: ฿700.1m (down 6.5% from 1Q 2020). Profit margin: 59% (up from 52% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿2.80 (vs ฿2.74 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: ฿5.05b (down 3.8% from FY 2019). Net income: ฿2.73b (up 2.3% from FY 2019). Profit margin: 54% (up from 51% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Jan 26New 90-day low: ฿19.50The company is down 4.0% from its price of ฿20.40 on 28 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 29% over the same period.
Is New 90 Day High Low • Nov 09New 90-day high: ฿21.20The company is up 9.0% from its price of ฿19.40 on 11 August 2020. The Thai market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 9.0% over the same period.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS ฿0.70The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: ฿1.18b (flat on 3Q 2019). Net income: ฿684.8m (up 19% from 3Q 2019). Profit margin: 58% (up from 48% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 22New 90-day high: ฿19.90The company is up 3.0% from its price of ฿19.30 on 24 July 2020. The Thai market is down 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Renewable Energy industry, which is down 19% over the same period.