View Financial HealthTPI Polene Power 배당 및 자사주 매입배당 기준 점검 2/6TPI Polene Power 수익으로 충분히 충당되는 현재 수익률 3.93% 보유한 배당금 지급 회사입니다.핵심 정보3.9%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률3.9%배당 성장률-11.3%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향39%최근 배당 및 자사주 매입 업데이트Declared Dividend • Mar 02Dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 11th March 2026 Payment date: 8th May 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (459% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years.공시 • Feb 27+ 1 more updateTPI Polene Power Public Company Limited announces Annual dividend, payable on May 08, 2026TPI Polene Power Public Company Limited announced Annual dividend of THB 0.0700 per share payable on May 08, 2026, ex-date on March 11, 2026 and record date on March 12, 2026.공시 • Apr 18TPI Polene Power Public Company Limited Approves Dividend for the Year 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at the AGM held on April 18, 2025 approved the Company to appropriate a legal reserve and dividend payment for the year 2024. The Company has fully allocated the legal reserve in accordance with the Company's Articles of Association. Therefore, the Company is not required to allocate any portion of the net profit as a legal reserve, and it was resolved to approve dividend payment for the year 2024 from the Company's 2024 operating performance at THB 0.16 per share, totaling THB 1,344,000,000 or representing 40.70% of the net profit for the year 2024. Previously, the Company already paid the interim dividend from the Company's retained earnings up to six-month period ended June 30, 2024, at THB 0.09 per share, totaling THB 756,000,000, on September 20, 2024. Therefore, the remaining dividend to be paid is THB 0.07 per share, totaling THB 588,000,000, which is scheduled to be paid on May 9, 2025. The above dividend payment is payable from the retained earnings which is exempted to be paid corporate income tax according to the Board of Investment Promotional Privileges. Shareholders shall receive dividend without withholding tax deduction. Individual shareholders; therefore, cannot claim tax credit.Declared Dividend • Mar 01Final dividend reduced to ฿0.07Dividend of ฿0.07 is 42% lower than last year. Ex-date: 12th March 2025 Payment date: 9th May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 48% over the next 2 years. Since a fall of 39% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.공시 • Feb 27TPI Polene Power Public Company Limited Proposes Cash Dividend for the Year Ended December 31, 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at its AGM to be held on April 18, 2025 proposed cash dividend payment of THB 0.07 per share for the year ended December 31, 2024, payable on May 9, 2025. Paid from Retained Earnings. Record date for the right to receive dividends is March 13, 2025. Ex-dividend date is March 12, 2025.Declared Dividend • Aug 31First half dividend reduced to ฿0.09Dividend of ฿0.09 is 25% lower than last year. Ex-date: 11th September 2024 Payment date: 20th September 2024 Dividend yield will be 7.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 14% over the next year. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range.모든 업데이트 보기Recent updatesNew 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: 18% Last year net profit margin: 33% 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 Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (18% net profit margin).Declared Dividend • Mar 02Dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 11th March 2026 Payment date: 8th May 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (459% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years.공시 • Feb 27+ 1 more updateTPI Polene Power Public Company Limited announces Annual dividend, payable on May 08, 2026TPI Polene Power Public Company Limited announced Annual dividend of THB 0.0700 per share payable on May 08, 2026, ex-date on March 11, 2026 and record date on March 12, 2026.Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.27 (vs ฿0.39 in FY 2024)Full year 2025 results: EPS: ฿0.27 (down from ฿0.39 in FY 2024). Revenue: ฿9.07b (down 16% from FY 2024). Net income: ฿2.27b (down 31% from FY 2024). Profit margin: 25% (down from 31% 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 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Nov 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿1.71, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 13x in the Renewable Energy industry in Thailand. Total loss to shareholders of 39% over the past three years.Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ฿0.059 (vs ฿0.099 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.059 (down from ฿0.099 in 3Q 2024). Revenue: ฿2.09b (down 23% from 3Q 2024). Net income: ฿491.7m (down 41% from 3Q 2024). Profit margin: 24% (down from 31% in 3Q 2024). The decrease in margin was driven by lower revenue. 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 14% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: ฿0.056 (vs ฿0.10 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.056 (down from ฿0.10 in 2Q 2024). Revenue: ฿2.13b (down 21% from 2Q 2024). Net income: ฿474.3m (down 45% from 2Q 2024). Profit margin: 22% (down from 32% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 4.0% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to grow by 2.2%. 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 13% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Jul 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to ฿2.28. The fair value is estimated to be ฿1.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to decline by 1.1% in a year. Earnings are forecast to decline by 31% in the next year.Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.12 (vs ฿0.083 in 1Q 2024)First quarter 2025 results: EPS: ฿0.12 (up from ฿0.083 in 1Q 2024). Revenue: ฿2.72b (up 6.4% from 1Q 2024). Net income: ฿966.9m (up 38% from 1Q 2024). Profit margin: 36% (up from 27% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to decline by 5.7% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.공시 • Apr 18TPI Polene Power Public Company Limited Approves Dividend for the Year 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at the AGM held on April 18, 2025 approved the Company to appropriate a legal reserve and dividend payment for the year 2024. The Company has fully allocated the legal reserve in accordance with the Company's Articles of Association. Therefore, the Company is not required to allocate any portion of the net profit as a legal reserve, and it was resolved to approve dividend payment for the year 2024 from the Company's 2024 operating performance at THB 0.16 per share, totaling THB 1,344,000,000 or representing 40.70% of the net profit for the year 2024. Previously, the Company already paid the interim dividend from the Company's retained earnings up to six-month period ended June 30, 2024, at THB 0.09 per share, totaling THB 756,000,000, on September 20, 2024. Therefore, the remaining dividend to be paid is THB 0.07 per share, totaling THB 588,000,000, which is scheduled to be paid on May 9, 2025. The above dividend payment is payable from the retained earnings which is exempted to be paid corporate income tax according to the Board of Investment Promotional Privileges. Shareholders shall receive dividend without withholding tax deduction. Individual shareholders; therefore, cannot claim tax credit.공시 • Mar 07TPI Polene Power Public Company Limited Announces Change of Chief AccountantTPI Polene Power Public Company Limited announced the Changing of Chief Accountant. The company announced the termination of KARUNA PERMSIRIPHAN as Accounting Department Manager, effective from February 28, 2025 and appointment of Jatanathunmjit as Manager of Accounting Department, Effective Date of Appointment is 01 March 2025.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿2.34, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Renewable Energy industry in Thailand. Total loss to shareholders of 29% over the past three years.Declared Dividend • Mar 01Final dividend reduced to ฿0.07Dividend of ฿0.07 is 42% lower than last year. Ex-date: 12th March 2025 Payment date: 9th May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 48% over the next 2 years. Since a fall of 39% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.공시 • Feb 28TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2025TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2025, at 15:00 SE Asia Standard Time. Location: at the conference room, 9th floor of tpi tower, no, 26/56 chan tat mai road, thungmahamek sub-district, sathorn district, bangkok Thailand공시 • Feb 27TPI Polene Power Public Company Limited Proposes Cash Dividend for the Year Ended December 31, 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at its AGM to be held on April 18, 2025 proposed cash dividend payment of THB 0.07 per share for the year ended December 31, 2024, payable on May 9, 2025. Paid from Retained Earnings. Record date for the right to receive dividends is March 13, 2025. Ex-dividend date is March 12, 2025.Reported Earnings • Feb 14Full year 2024 earnings released: EPS: ฿0.39 (vs ฿0.43 in FY 2023)Full year 2024 results: EPS: ฿0.39 (down from ฿0.43 in FY 2023). Revenue: ฿10.7b (down 2.2% from FY 2023). Net income: ฿3.30b (down 9.6% from FY 2023). Profit margin: 31% (down from 33% in FY 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year.Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: ฿0.099 (vs ฿0.10 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.099 (down from ฿0.10 in 3Q 2023). Revenue: ฿2.69b (up 10% from 3Q 2023). Net income: ฿833.3m (flat on 3Q 2023). Profit margin: 31% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.6% growth forecast for the Renewable Energy industry in Thailand. 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 10% per year.Declared Dividend • Aug 31First half dividend reduced to ฿0.09Dividend of ฿0.09 is 25% lower than last year. Ex-date: 11th September 2024 Payment date: 20th September 2024 Dividend yield will be 7.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 14% over the next year. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range.공시 • Aug 29TPI Polene Power Public Company Limited Announces Interim Cash Dividend for the Six-Month Period Ended June 30, 2024, Payable on 20 September 2024TPI Polene Power Public Company Limited announced the interim cash dividend of THB 0.09 per share payment from unappropriated retained earnings for operating performance up to the six-month period ended June 30, 2024. Record date for the right to receive dividends on 12 September 2024 with Ex-dividend date on 11 September 2024. Payment date on 20 September 2024.Price Target Changed • Aug 08Price target decreased by 20% to ฿3.20Down from ฿4.00, the current price target is provided by 1 analyst. New target price is 18% above last closing price of ฿2.72. Stock is down 20% over the past year. The company is forecast to post earnings per share of ฿0.43 for next year compared to ฿0.43 last year.Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.11 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.10 (down from ฿0.11 in 2Q 2023). Revenue: ฿2.70b (down 8.0% from 2Q 2023). Net income: ฿857.7m (down 8.3% from 2Q 2023). Profit margin: 32% (in line with 2Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Renewable Energy industry in Thailand. 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 15% per year.Buy Or Sell Opportunity • Aug 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to ฿2.70. The fair value is estimated to be ฿3.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 2.3% in the next year.공시 • Jul 27TPI Polene Power Public Company Limited Approves Board AppointmentsTPI Polene Power Public Company Limited at its Extraordinary Meeting of Shareholders no.1/2567 held on July 26, 2024, approved to consider the appointment of new meeting, which the meeting approved Mr. Paisan katchasuwanmanee to be in the positions of Independent Director and Audit committee and Mr. Thanakorn Liewphairatana to be in the position of Director of the company.Reported Earnings • May 10First quarter 2024 earnings released: EPS: ฿0.083 (vs ฿0.13 in 1Q 2023)First quarter 2024 results: EPS: ฿0.083 (down from ฿0.13 in 1Q 2023). Revenue: ฿2.56b (down 13% from 1Q 2023). Net income: ฿699.4m (down 33% from 1Q 2023). Profit margin: 27% (down from 36% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Renewable Energy industry in Thailand. 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 9% per year.공시 • Apr 19TPI Polene Power Public Company Limited Approves Dividend Payment for the Year Ended December 31, 2023, Payable on May 9, 2024TPI Polene Power Public Company Limited at its AGM held on April 18, 2024, approved dividend payment for the year 2023 from the company's 2023 operating performance at THB 0.24 per share totaling THB 2,016,000,000 or representing 55.19% of the net profit for the year 2023. Previously the company already paid the interim dividend from the company's retained earnings up to six month period ended June 30, 2023 at THB 0.12 per share totaling THB 1,008,000,000 on September 25, 2023. Therefore there is a remaining dividend to be paid to shareholders at THB 0.12 per share totaling THB 1,008,000,000. The determination of list of shareholders for the right to receive dividend payment is scheduled on March 14, 2024 (record date) and the interim dividend payment is scheduled on May 9, 2024.공시 • Mar 19TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2024TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2024, at 15:00 SE Asia Standard Time. Location: Conference Room, 9th Floor of TPI Tower No. 26/56 Chan Tat Mai road, Thungmahamek sub-district, Sathorn district Bangkok Thailand Agenda: To consider and confirm minutes of the 2023 Annual Meeting of Shareholders; to acknowledge the 2023 operating result of the company; to consider the audit committee report on their audit on the 2023 operating result; to consider and approve Balance Sheets and Profit and Loss Statements of 2023 for the period ended December 31, 2023; to consider and approve an appropriation of the legal reserve and the payment of dividend for 2023; and to consider other matters.Upcoming Dividend • Mar 06Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 7.1%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (2.7%).Declared Dividend • Mar 02Dividend increased to ฿0.12Dividend of ฿0.12 is 300% higher than last year. Ex-date: 13th March 2024 Payment date: 9th May 2024 Dividend yield will be 7.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 27% over the next 2 years. However, it would need to fall by 59% to increase the payout ratio to a potentially unsustainable range.공시 • Mar 01TPI Polene Power Public Company Limited Announces Interim Cash Dividend, Payable on May 09, 2024TPI Polene Power Public Company Limited proposed dividend payment from the company's operating results for the year 2023 at THB 0.24 per share. Previously, the company already paid interim dividend from the company's retained earnings up to six month period ended June 30, 2023 at THB 0.12 per share. Therefore, remaining dividend is to be paid at THB 0.12 per share. Record date for the right to receive dividends on 14 March 2024 with Ex-dividend date on 13 March 2024, Payment date on May 09, 2024.Reported Earnings • Feb 20Full year 2023 earnings released: EPS: ฿0.43 (vs ฿0.34 in FY 2022)Full year 2023 results: EPS: ฿0.43 (up from ฿0.34 in FY 2022). Revenue: ฿11.0b (up 7.7% from FY 2022). Net income: ฿3.65b (up 30% from FY 2022). Profit margin: 33% (up from 28% in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 2.0% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.10 (vs ฿0.064 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.10 (up from ฿0.064 in 3Q 2022). Revenue: ฿2.44b (up 5.0% from 3Q 2022). Net income: ฿838.7m (up 56% from 3Q 2022). Profit margin: 34% (up from 23% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Sep 06Upcoming dividend of ฿0.12 per share at 6.9% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (1.8%).공시 • Sep 01TPI Polene Power Public Company Limited Announces Interim Cash Dividend for the Six-Month Period Ended June 30, 2023, Payable on 25 September 2023TPI Polene Power Public Company Limited announced the interim cash dividend of THB 0.12 per share payment from unappropriated retained earnings for operating performance up to the six-month period ended June 30, 2023. Record date for the right to receive dividends on 14 September 2023 with Ex-dividend date on 13 September 2023 Payment date on 25 September 2023.Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.10 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.11 (up from ฿0.10 in 2Q 2022). Revenue: ฿2.93b (up 15% from 2Q 2022). Net income: ฿935.0m (up 9.3% from 2Q 2022). Profit margin: 32% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 08Price target increased by 18% to ฿4.00Up from ฿3.40, the current price target is provided by 1 analyst. New target price is 18% above last closing price of ฿3.38. Stock is down 13% over the past year. The company posted earnings per share of ฿0.33 last year.Upcoming Dividend • Mar 01Upcoming dividend of ฿0.03 per share at 7.4% yieldEligible shareholders must have bought the stock before 08 March 2023. Payment date: 11 May 2023. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 7.4%. Within top quartile of Thai dividend payers (5.6%). Higher than average of industry peers (1.7%).Upcoming Dividend • Feb 01Upcoming dividend of ฿0.09 per share at 7.1% yieldEligible shareholders must have bought the stock before 08 February 2023. Payment date: 23 February 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 7.1%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (1.7%).공시 • Jan 27TPI Polene Power Public Company Limited Announces Interim Cash Dividend for Operating Performance Up to the Nine-Month Period Ended September 30, 2022, Payable on 23 February 2023TPI Polene Power Public Company Limited announced interim cash dividend of THB 0.09 per share from unappropriated retained earnings for operating performance up to the nine-month period ended September 30, 2022. Record date for the right to receive dividends 09 February 2023. Ex-dividend date 08 February 2023. Payment date 23 February 2023.Price Target Changed • Nov 16Price target decreased to ฿3.60Down from ฿4.00, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ฿3.26. Stock is down 22% over the past year. The company posted earnings per share of ฿0.50 last year.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: ฿0.064 (vs ฿0.11 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.064 (down from ฿0.11 in 3Q 2021). Revenue: ฿2.32b (down 19% from 3Q 2021). Net income: ฿538.5m (down 43% from 3Q 2021). Profit margin: 23% (down from 33% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year.Upcoming Dividend • Sep 01Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 08 September 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (1.7%).공시 • Aug 27Tpi Polene Power Public Company Limited Announces Interim Dividend for the Six-Month Ended June 30, 2022, Payable on September 23, 2022TPI Polene Power Public Company Limited announced Interim dividend of THB 0.12 per share payment from unappropriated retained earnings for operating performance up to the six-month period ended June 30, 2022. Record date for the right to receive dividends is September 9, 2022, Ex-dividend date is September 8, 2022 and Payment date is September 23, 2022.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.10 (vs ฿0.14 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.10 (down from ฿0.14 in 2Q 2021). Revenue: ฿2.56b (down 13% from 2Q 2021). Net income: ฿855.7m (down 28% from 2Q 2021). Profit margin: 34% (down from 41% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Price Target Changed • Jun 08Price target decreased to ฿4.00Down from ฿5.05, the current price target is provided by 1 analyst. New target price is 8.1% above last closing price of ฿3.70. Stock is down 19% over the past year. The company posted earnings per share of ฿0.50 last year.Reported Earnings • May 13First quarter 2022 earnings released: EPS: ฿0.10 (vs ฿0.13 in 1Q 2021)First quarter 2022 results: EPS: ฿0.10 (down from ฿0.13 in 1Q 2021). Revenue: ฿2.79b (up 5.2% from 1Q 2021). Net income: ฿854.6m (down 20% from 1Q 2021). Profit margin: 31% (down from 40% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공시 • Apr 21TPI Polene Power Public Company Limited Approves Dividend for the Year Ended December 31, 2021, Payable on May 12, 2022TPI Polene Power Public Company Limited announced that at its AGM held on April 19, 2022, the shareholders approved the dividend payment for the year ended December 31, 2021 from the company’s 2021 operating performance at total of THB 0.25 per share or totaling THB 2,100,000,000 accounting for 50.10% of the net profit for the year 2021. Previously, the company made an interim dividend payment form the company’s operating performance up to June 30, 2021, totaling THB 0.12 per share or totaling THB 1,008 million, therefore: the remaining dividend to be paid to shareholders is THB 0.13 per share, totaling THB 1,092 million, payable form the company’s 2021 operating performance. The determination of list of shareholders for the right to receive dividend payment is scheduled on March 3, 2022 and the dividend payment is scheduled on May 12, 2022.Upcoming Dividend • Feb 23Upcoming dividend of ฿0.13 per shareEligible shareholders must have bought the stock before 02 March 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.6%).공시 • Feb 18+ 1 more updateTPI Polene Power Public Company Limited Proposes Dividend for the Year 2021, Payable on May 12, 2022TPI Polene Power Public Company Limited proposed at the 2022 AGM to approve the dividend payment from the company's operating performance in 2021 at THB 0.25 per share, totaling THB 2,100 million or account 50.10% of the net profit for the year 2021. previously, the Company made an interim dividend payment from the Company's operating performance up to June 30, 2021, totaling THB 0.12 per share or totaling THB 1,008 million, therefore; the remaining dividend to be paid to shareholders is THB 0.13 per share, totaling THB 1,092 million, payable from the Company's operating performance for the period of January 1, 2021 to December 31, 2021. The determination of list of shareholders for the right to receive dividend payment is scheduled on March 3, 2022 ("Record date") and the dividend payment is scheduled on May 12, 2022.Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.50 (down from ฿0.54 in FY 2020). Revenue: ฿11.1b (flat on FY 2020). Net income: ฿4.19b (down 7.0% from FY 2020). Profit margin: 38% (down from 41% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.11 (vs ฿0.14 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.88b (down 4.4% from 3Q 2020). Net income: ฿943.0m (down 22% from 3Q 2020). Profit margin: 33% (down from 40% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 02Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 22 September 2021. Trailing yield: 6.1%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.7%).Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.14 (vs ฿0.14 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ฿2.92b (up 4.6% from 2Q 2020). Net income: ฿1.19b (up 1.4% from 2Q 2020). Profit margin: 41% (down from 42% 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 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.12 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: ฿2.73b (up 7.5% from 1Q 2020). Net income: ฿1.06b (up 9.7% from 1Q 2020). Profit margin: 39% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 12Full year 2020 earnings released: EPS ฿0.54 (vs ฿0.55 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿11.1b (up 5.2% from FY 2019). Net income: ฿4.51b (down 2.2% from FY 2019). Profit margin: 41% (down from 44% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Nov 26New 90-day high: ฿4.44The company is up 1.0% from its price of ฿4.38 on 28 August 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 3.0% over the same period.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS ฿0.14The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: ฿3.01b (up 12% from 3Q 2019). Net income: ฿1.21b (up 9.8% from 3Q 2019). Profit margin: 40% (down from 41% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: TPIPP 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: TPIPP 9 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장TPI Polene Power 배당 수익률 vs 시장TPIPP의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (TPIPP)3.9%시장 하위 25% (TH)3.4%시장 상위 25% (TH)7.6%업계 평균 (Renewable Energy)2.7%분석가 예측 (TPIPP) (최대 3년)3.9%주목할만한 배당금: TPIPP 의 배당금( 3.93% )은 TH 시장에서 배당금 지급자의 하위 25%( 3.41% )보다 높습니다.고배당: TPIPP 의 배당금( 3.93% )은 TH 시장에서 배당금 지급자의 상위 25%( 7.62% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 38.7% )로 TPIPP 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: TPIPP 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTH 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 15:15종가2026/05/21 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 소스TPI Polene Power Public Company Limited는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Suwat SinsadokCGS InternationalJesada TechahusdinMaybank Research Pte. Ltd.Kaushal LadhaMaybank Research Pte. Ltd.1명의 분석가 더 보기
Declared Dividend • Mar 02Dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 11th March 2026 Payment date: 8th May 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (459% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years.
공시 • Feb 27+ 1 more updateTPI Polene Power Public Company Limited announces Annual dividend, payable on May 08, 2026TPI Polene Power Public Company Limited announced Annual dividend of THB 0.0700 per share payable on May 08, 2026, ex-date on March 11, 2026 and record date on March 12, 2026.
공시 • Apr 18TPI Polene Power Public Company Limited Approves Dividend for the Year 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at the AGM held on April 18, 2025 approved the Company to appropriate a legal reserve and dividend payment for the year 2024. The Company has fully allocated the legal reserve in accordance with the Company's Articles of Association. Therefore, the Company is not required to allocate any portion of the net profit as a legal reserve, and it was resolved to approve dividend payment for the year 2024 from the Company's 2024 operating performance at THB 0.16 per share, totaling THB 1,344,000,000 or representing 40.70% of the net profit for the year 2024. Previously, the Company already paid the interim dividend from the Company's retained earnings up to six-month period ended June 30, 2024, at THB 0.09 per share, totaling THB 756,000,000, on September 20, 2024. Therefore, the remaining dividend to be paid is THB 0.07 per share, totaling THB 588,000,000, which is scheduled to be paid on May 9, 2025. The above dividend payment is payable from the retained earnings which is exempted to be paid corporate income tax according to the Board of Investment Promotional Privileges. Shareholders shall receive dividend without withholding tax deduction. Individual shareholders; therefore, cannot claim tax credit.
Declared Dividend • Mar 01Final dividend reduced to ฿0.07Dividend of ฿0.07 is 42% lower than last year. Ex-date: 12th March 2025 Payment date: 9th May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 48% over the next 2 years. Since a fall of 39% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공시 • Feb 27TPI Polene Power Public Company Limited Proposes Cash Dividend for the Year Ended December 31, 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at its AGM to be held on April 18, 2025 proposed cash dividend payment of THB 0.07 per share for the year ended December 31, 2024, payable on May 9, 2025. Paid from Retained Earnings. Record date for the right to receive dividends is March 13, 2025. Ex-dividend date is March 12, 2025.
Declared Dividend • Aug 31First half dividend reduced to ฿0.09Dividend of ฿0.09 is 25% lower than last year. Ex-date: 11th September 2024 Payment date: 20th September 2024 Dividend yield will be 7.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 14% over the next year. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range.
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: 18% Last year net profit margin: 33% 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 Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (18% net profit margin).
Declared Dividend • Mar 02Dividend of ฿0.07 announcedShareholders will receive a dividend of ฿0.07. Ex-date: 11th March 2026 Payment date: 8th May 2026 Dividend yield will be 3.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (21% earnings payout ratio) but not covered by cash flows (459% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 77% to shift the payout ratio to a potentially unsustainable range, which is more than the 13% EPS decline seen over the last 5 years.
공시 • Feb 27+ 1 more updateTPI Polene Power Public Company Limited announces Annual dividend, payable on May 08, 2026TPI Polene Power Public Company Limited announced Annual dividend of THB 0.0700 per share payable on May 08, 2026, ex-date on March 11, 2026 and record date on March 12, 2026.
Reported Earnings • Feb 24Full year 2025 earnings released: EPS: ฿0.27 (vs ฿0.39 in FY 2024)Full year 2025 results: EPS: ฿0.27 (down from ฿0.39 in FY 2024). Revenue: ฿9.07b (down 16% from FY 2024). Net income: ฿2.27b (down 31% from FY 2024). Profit margin: 25% (down from 31% 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 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ฿1.71, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 13x in the Renewable Energy industry in Thailand. Total loss to shareholders of 39% over the past three years.
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ฿0.059 (vs ฿0.099 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.059 (down from ฿0.099 in 3Q 2024). Revenue: ฿2.09b (down 23% from 3Q 2024). Net income: ฿491.7m (down 41% from 3Q 2024). Profit margin: 24% (down from 31% in 3Q 2024). The decrease in margin was driven by lower revenue. 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 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: ฿0.056 (vs ฿0.10 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.056 (down from ฿0.10 in 2Q 2024). Revenue: ฿2.13b (down 21% from 2Q 2024). Net income: ฿474.3m (down 45% from 2Q 2024). Profit margin: 22% (down from 32% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 4.0% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to grow by 2.2%. 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 13% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Jul 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to ฿2.28. The fair value is estimated to be ฿1.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to decline by 1.1% in a year. Earnings are forecast to decline by 31% in the next year.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: ฿0.12 (vs ฿0.083 in 1Q 2024)First quarter 2025 results: EPS: ฿0.12 (up from ฿0.083 in 1Q 2024). Revenue: ฿2.72b (up 6.4% from 1Q 2024). Net income: ฿966.9m (up 38% from 1Q 2024). Profit margin: 36% (up from 27% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to decline by 5.7% p.a. on average during the next 2 years, while revenues in the Renewable Energy industry in Thailand are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
공시 • Apr 18TPI Polene Power Public Company Limited Approves Dividend for the Year 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at the AGM held on April 18, 2025 approved the Company to appropriate a legal reserve and dividend payment for the year 2024. The Company has fully allocated the legal reserve in accordance with the Company's Articles of Association. Therefore, the Company is not required to allocate any portion of the net profit as a legal reserve, and it was resolved to approve dividend payment for the year 2024 from the Company's 2024 operating performance at THB 0.16 per share, totaling THB 1,344,000,000 or representing 40.70% of the net profit for the year 2024. Previously, the Company already paid the interim dividend from the Company's retained earnings up to six-month period ended June 30, 2024, at THB 0.09 per share, totaling THB 756,000,000, on September 20, 2024. Therefore, the remaining dividend to be paid is THB 0.07 per share, totaling THB 588,000,000, which is scheduled to be paid on May 9, 2025. The above dividend payment is payable from the retained earnings which is exempted to be paid corporate income tax according to the Board of Investment Promotional Privileges. Shareholders shall receive dividend without withholding tax deduction. Individual shareholders; therefore, cannot claim tax credit.
공시 • Mar 07TPI Polene Power Public Company Limited Announces Change of Chief AccountantTPI Polene Power Public Company Limited announced the Changing of Chief Accountant. The company announced the termination of KARUNA PERMSIRIPHAN as Accounting Department Manager, effective from February 28, 2025 and appointment of Jatanathunmjit as Manager of Accounting Department, Effective Date of Appointment is 01 March 2025.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ฿2.34, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Renewable Energy industry in Thailand. Total loss to shareholders of 29% over the past three years.
Declared Dividend • Mar 01Final dividend reduced to ฿0.07Dividend of ฿0.07 is 42% lower than last year. Ex-date: 12th March 2025 Payment date: 9th May 2025 Dividend yield will be 5.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (55% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 48% over the next 2 years. Since a fall of 39% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공시 • Feb 28TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2025TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2025, at 15:00 SE Asia Standard Time. Location: at the conference room, 9th floor of tpi tower, no, 26/56 chan tat mai road, thungmahamek sub-district, sathorn district, bangkok Thailand
공시 • Feb 27TPI Polene Power Public Company Limited Proposes Cash Dividend for the Year Ended December 31, 2024, Payable on May 9, 2025TPI Polene Power Public Company Limited at its AGM to be held on April 18, 2025 proposed cash dividend payment of THB 0.07 per share for the year ended December 31, 2024, payable on May 9, 2025. Paid from Retained Earnings. Record date for the right to receive dividends is March 13, 2025. Ex-dividend date is March 12, 2025.
Reported Earnings • Feb 14Full year 2024 earnings released: EPS: ฿0.39 (vs ฿0.43 in FY 2023)Full year 2024 results: EPS: ฿0.39 (down from ฿0.43 in FY 2023). Revenue: ฿10.7b (down 2.2% from FY 2023). Net income: ฿3.30b (down 9.6% from FY 2023). Profit margin: 31% (down from 33% in FY 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year.
Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: ฿0.099 (vs ฿0.10 in 3Q 2023)Third quarter 2024 results: EPS: ฿0.099 (down from ฿0.10 in 3Q 2023). Revenue: ฿2.69b (up 10% from 3Q 2023). Net income: ฿833.3m (flat on 3Q 2023). Profit margin: 31% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 2 years compared to a 2.6% growth forecast for the Renewable Energy industry in Thailand. 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 10% per year.
Declared Dividend • Aug 31First half dividend reduced to ฿0.09Dividend of ฿0.09 is 25% lower than last year. Ex-date: 11th September 2024 Payment date: 20th September 2024 Dividend yield will be 7.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (31% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 14% over the next year. However, it would need to fall by 65% to increase the payout ratio to a potentially unsustainable range.
공시 • Aug 29TPI Polene Power Public Company Limited Announces Interim Cash Dividend for the Six-Month Period Ended June 30, 2024, Payable on 20 September 2024TPI Polene Power Public Company Limited announced the interim cash dividend of THB 0.09 per share payment from unappropriated retained earnings for operating performance up to the six-month period ended June 30, 2024. Record date for the right to receive dividends on 12 September 2024 with Ex-dividend date on 11 September 2024. Payment date on 20 September 2024.
Price Target Changed • Aug 08Price target decreased by 20% to ฿3.20Down from ฿4.00, the current price target is provided by 1 analyst. New target price is 18% above last closing price of ฿2.72. Stock is down 20% over the past year. The company is forecast to post earnings per share of ฿0.43 for next year compared to ฿0.43 last year.
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: ฿0.10 (vs ฿0.11 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.10 (down from ฿0.11 in 2Q 2023). Revenue: ฿2.70b (down 8.0% from 2Q 2023). Net income: ฿857.7m (down 8.3% from 2Q 2023). Profit margin: 32% (in line with 2Q 2023). Revenue is forecast to grow 2.1% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Renewable Energy industry in Thailand. 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 15% per year.
Buy Or Sell Opportunity • Aug 06Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to ฿2.70. The fair value is estimated to be ฿3.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 13%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 2.3% in the next year.
공시 • Jul 27TPI Polene Power Public Company Limited Approves Board AppointmentsTPI Polene Power Public Company Limited at its Extraordinary Meeting of Shareholders no.1/2567 held on July 26, 2024, approved to consider the appointment of new meeting, which the meeting approved Mr. Paisan katchasuwanmanee to be in the positions of Independent Director and Audit committee and Mr. Thanakorn Liewphairatana to be in the position of Director of the company.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: ฿0.083 (vs ฿0.13 in 1Q 2023)First quarter 2024 results: EPS: ฿0.083 (down from ฿0.13 in 1Q 2023). Revenue: ฿2.56b (down 13% from 1Q 2023). Net income: ฿699.4m (down 33% from 1Q 2023). Profit margin: 27% (down from 36% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Renewable Energy industry in Thailand. 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 9% per year.
공시 • Apr 19TPI Polene Power Public Company Limited Approves Dividend Payment for the Year Ended December 31, 2023, Payable on May 9, 2024TPI Polene Power Public Company Limited at its AGM held on April 18, 2024, approved dividend payment for the year 2023 from the company's 2023 operating performance at THB 0.24 per share totaling THB 2,016,000,000 or representing 55.19% of the net profit for the year 2023. Previously the company already paid the interim dividend from the company's retained earnings up to six month period ended June 30, 2023 at THB 0.12 per share totaling THB 1,008,000,000 on September 25, 2023. Therefore there is a remaining dividend to be paid to shareholders at THB 0.12 per share totaling THB 1,008,000,000. The determination of list of shareholders for the right to receive dividend payment is scheduled on March 14, 2024 (record date) and the interim dividend payment is scheduled on May 9, 2024.
공시 • Mar 19TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2024TPI Polene Power Public Company Limited, Annual General Meeting, Apr 18, 2024, at 15:00 SE Asia Standard Time. Location: Conference Room, 9th Floor of TPI Tower No. 26/56 Chan Tat Mai road, Thungmahamek sub-district, Sathorn district Bangkok Thailand Agenda: To consider and confirm minutes of the 2023 Annual Meeting of Shareholders; to acknowledge the 2023 operating result of the company; to consider the audit committee report on their audit on the 2023 operating result; to consider and approve Balance Sheets and Profit and Loss Statements of 2023 for the period ended December 31, 2023; to consider and approve an appropriation of the legal reserve and the payment of dividend for 2023; and to consider other matters.
Upcoming Dividend • Mar 06Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 13 March 2024. Payment date: 09 May 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 7.1%. Within top quartile of Thai dividend payers (6.3%). Higher than average of industry peers (2.7%).
Declared Dividend • Mar 02Dividend increased to ฿0.12Dividend of ฿0.12 is 300% higher than last year. Ex-date: 13th March 2024 Payment date: 9th May 2024 Dividend yield will be 7.0%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 27% over the next 2 years. However, it would need to fall by 59% to increase the payout ratio to a potentially unsustainable range.
공시 • Mar 01TPI Polene Power Public Company Limited Announces Interim Cash Dividend, Payable on May 09, 2024TPI Polene Power Public Company Limited proposed dividend payment from the company's operating results for the year 2023 at THB 0.24 per share. Previously, the company already paid interim dividend from the company's retained earnings up to six month period ended June 30, 2023 at THB 0.12 per share. Therefore, remaining dividend is to be paid at THB 0.12 per share. Record date for the right to receive dividends on 14 March 2024 with Ex-dividend date on 13 March 2024, Payment date on May 09, 2024.
Reported Earnings • Feb 20Full year 2023 earnings released: EPS: ฿0.43 (vs ฿0.34 in FY 2022)Full year 2023 results: EPS: ฿0.43 (up from ฿0.34 in FY 2022). Revenue: ฿11.0b (up 7.7% from FY 2022). Net income: ฿3.65b (up 30% from FY 2022). Profit margin: 33% (up from 28% in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 2.0% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: ฿0.10 (vs ฿0.064 in 3Q 2022)Third quarter 2023 results: EPS: ฿0.10 (up from ฿0.064 in 3Q 2022). Revenue: ฿2.44b (up 5.0% from 3Q 2022). Net income: ฿838.7m (up 56% from 3Q 2022). Profit margin: 34% (up from 23% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Sep 06Upcoming dividend of ฿0.12 per share at 6.9% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 25 September 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Thai dividend payers (6.2%). Higher than average of industry peers (1.8%).
공시 • Sep 01TPI Polene Power Public Company Limited Announces Interim Cash Dividend for the Six-Month Period Ended June 30, 2023, Payable on 25 September 2023TPI Polene Power Public Company Limited announced the interim cash dividend of THB 0.12 per share payment from unappropriated retained earnings for operating performance up to the six-month period ended June 30, 2023. Record date for the right to receive dividends on 14 September 2023 with Ex-dividend date on 13 September 2023 Payment date on 25 September 2023.
Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: ฿0.11 (vs ฿0.10 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.11 (up from ฿0.10 in 2Q 2022). Revenue: ฿2.93b (up 15% from 2Q 2022). Net income: ฿935.0m (up 9.3% from 2Q 2022). Profit margin: 32% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Renewable Energy industry in Thailand. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 08Price target increased by 18% to ฿4.00Up from ฿3.40, the current price target is provided by 1 analyst. New target price is 18% above last closing price of ฿3.38. Stock is down 13% over the past year. The company posted earnings per share of ฿0.33 last year.
Upcoming Dividend • Mar 01Upcoming dividend of ฿0.03 per share at 7.4% yieldEligible shareholders must have bought the stock before 08 March 2023. Payment date: 11 May 2023. Payout ratio is on the higher end at 88%, and the cash payout ratio is above 100%. Trailing yield: 7.4%. Within top quartile of Thai dividend payers (5.6%). Higher than average of industry peers (1.7%).
Upcoming Dividend • Feb 01Upcoming dividend of ฿0.09 per share at 7.1% yieldEligible shareholders must have bought the stock before 08 February 2023. Payment date: 23 February 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 7.1%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (1.7%).
공시 • Jan 27TPI Polene Power Public Company Limited Announces Interim Cash Dividend for Operating Performance Up to the Nine-Month Period Ended September 30, 2022, Payable on 23 February 2023TPI Polene Power Public Company Limited announced interim cash dividend of THB 0.09 per share from unappropriated retained earnings for operating performance up to the nine-month period ended September 30, 2022. Record date for the right to receive dividends 09 February 2023. Ex-dividend date 08 February 2023. Payment date 23 February 2023.
Price Target Changed • Nov 16Price target decreased to ฿3.60Down from ฿4.00, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ฿3.26. Stock is down 22% over the past year. The company posted earnings per share of ฿0.50 last year.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: ฿0.064 (vs ฿0.11 in 3Q 2021)Third quarter 2022 results: EPS: ฿0.064 (down from ฿0.11 in 3Q 2021). Revenue: ฿2.32b (down 19% from 3Q 2021). Net income: ฿538.5m (down 43% from 3Q 2021). Profit margin: 23% (down from 33% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year.
Upcoming Dividend • Sep 01Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 08 September 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (1.7%).
공시 • Aug 27Tpi Polene Power Public Company Limited Announces Interim Dividend for the Six-Month Ended June 30, 2022, Payable on September 23, 2022TPI Polene Power Public Company Limited announced Interim dividend of THB 0.12 per share payment from unappropriated retained earnings for operating performance up to the six-month period ended June 30, 2022. Record date for the right to receive dividends is September 9, 2022, Ex-dividend date is September 8, 2022 and Payment date is September 23, 2022.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ฿0.10 (vs ฿0.14 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.10 (down from ฿0.14 in 2Q 2021). Revenue: ฿2.56b (down 13% from 2Q 2021). Net income: ฿855.7m (down 28% from 2Q 2021). Profit margin: 34% (down from 41% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Jun 08Price target decreased to ฿4.00Down from ฿5.05, the current price target is provided by 1 analyst. New target price is 8.1% above last closing price of ฿3.70. Stock is down 19% over the past year. The company posted earnings per share of ฿0.50 last year.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: ฿0.10 (vs ฿0.13 in 1Q 2021)First quarter 2022 results: EPS: ฿0.10 (down from ฿0.13 in 1Q 2021). Revenue: ฿2.79b (up 5.2% from 1Q 2021). Net income: ฿854.6m (down 20% from 1Q 2021). Profit margin: 31% (down from 40% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공시 • Apr 21TPI Polene Power Public Company Limited Approves Dividend for the Year Ended December 31, 2021, Payable on May 12, 2022TPI Polene Power Public Company Limited announced that at its AGM held on April 19, 2022, the shareholders approved the dividend payment for the year ended December 31, 2021 from the company’s 2021 operating performance at total of THB 0.25 per share or totaling THB 2,100,000,000 accounting for 50.10% of the net profit for the year 2021. Previously, the company made an interim dividend payment form the company’s operating performance up to June 30, 2021, totaling THB 0.12 per share or totaling THB 1,008 million, therefore: the remaining dividend to be paid to shareholders is THB 0.13 per share, totaling THB 1,092 million, payable form the company’s 2021 operating performance. The determination of list of shareholders for the right to receive dividend payment is scheduled on March 3, 2022 and the dividend payment is scheduled on May 12, 2022.
Upcoming Dividend • Feb 23Upcoming dividend of ฿0.13 per shareEligible shareholders must have bought the stock before 02 March 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 50% but the company is paying out more than the cash it is generating. Trailing yield: 6.0%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.6%).
공시 • Feb 18+ 1 more updateTPI Polene Power Public Company Limited Proposes Dividend for the Year 2021, Payable on May 12, 2022TPI Polene Power Public Company Limited proposed at the 2022 AGM to approve the dividend payment from the company's operating performance in 2021 at THB 0.25 per share, totaling THB 2,100 million or account 50.10% of the net profit for the year 2021. previously, the Company made an interim dividend payment from the Company's operating performance up to June 30, 2021, totaling THB 0.12 per share or totaling THB 1,008 million, therefore; the remaining dividend to be paid to shareholders is THB 0.13 per share, totaling THB 1,092 million, payable from the Company's operating performance for the period of January 1, 2021 to December 31, 2021. The determination of list of shareholders for the right to receive dividend payment is scheduled on March 3, 2022 ("Record date") and the dividend payment is scheduled on May 12, 2022.
Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ฿0.50 (down from ฿0.54 in FY 2020). Revenue: ฿11.1b (flat on FY 2020). Net income: ฿4.19b (down 7.0% from FY 2020). Profit margin: 38% (down from 41% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS ฿0.11 (vs ฿0.14 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿2.88b (down 4.4% from 3Q 2020). Net income: ฿943.0m (down 22% from 3Q 2020). Profit margin: 33% (down from 40% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 02Upcoming dividend of ฿0.12 per shareEligible shareholders must have bought the stock before 09 September 2021. Payment date: 22 September 2021. Trailing yield: 6.1%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (1.7%).
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS ฿0.14 (vs ฿0.14 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: ฿2.92b (up 4.6% from 2Q 2020). Net income: ฿1.19b (up 1.4% from 2Q 2020). Profit margin: 41% (down from 42% 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 12% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2021 earnings released: EPS ฿0.13 (vs ฿0.12 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: ฿2.73b (up 7.5% from 1Q 2020). Net income: ฿1.06b (up 9.7% from 1Q 2020). Profit margin: 39% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 12Full year 2020 earnings released: EPS ฿0.54 (vs ฿0.55 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿11.1b (up 5.2% from FY 2019). Net income: ฿4.51b (down 2.2% from FY 2019). Profit margin: 41% (down from 44% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Nov 26New 90-day high: ฿4.44The company is up 1.0% from its price of ฿4.38 on 28 August 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Renewable Energy industry, which is up 3.0% over the same period.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS ฿0.14The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: ฿3.01b (up 12% from 3Q 2019). Net income: ฿1.21b (up 9.8% from 3Q 2019). Profit margin: 40% (down from 41% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.