New Risk • Mar 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (฿308.7m market cap, or US$9.72m). Aankondiging • Mar 02
Power Line Engineering Public Company Limited, Annual General Meeting, Apr 24, 2026 Power Line Engineering Public Company Limited, Annual General Meeting, Apr 24, 2026, at 14:00 SE Asia Standard Time. Location: at the cashmere room, 7th floor, avani sukhumvit bangkok hotel, Thailand Aankondiging • Jan 22
Power Line Engineering Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 363.151455 million. Power Line Engineering Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 363.151455 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,815,757,276
Price\Range: THB 0.2
Transaction Features: Rights Offering New Risk • Dec 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿7.9m free cash flow). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (฿290.5m market cap, or US$9.35m). New Risk • Nov 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -฿7.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿7.9m free cash flow). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 25% per year over the past 5 years. Market cap is less than US$10m (฿231.5m market cap, or US$7.21m). New Risk • Nov 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿308.7m (US$9.51m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Market cap is less than US$10m (฿308.7m market cap, or US$9.51m). New Risk • Oct 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 33% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk Market cap is less than US$100m (฿399.5m market cap, or US$12.3m). Reported Earnings • Aug 20
Second quarter 2025 earnings released: EPS: ฿0.053 (vs ฿0.17 loss in 2Q 2024) Second quarter 2025 results: EPS: ฿0.053 (up from ฿0.17 loss in 2Q 2024). Revenue: ฿1.77b (down 16% from 2Q 2024). Net income: ฿72.3m (up ฿305.5m from 2Q 2024). Profit margin: 4.1% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. New Risk • Aug 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risk Market cap is less than US$100m (฿417.6m market cap, or US$12.7m). New Risk • Jul 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (฿490.3m market cap, or US$15.1m). Aankondiging • May 17
Power Line Engineering Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 113.48483 million. Power Line Engineering Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 113.48483 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 453,939,319
Price\Range: THB 0.25
Transaction Features: Rights Offering New Risk • Mar 27
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿286.0m (US$8.42m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (฿286.0m market cap, or US$8.42m). Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Reported Earnings • Mar 09
Full year 2024 earnings released: ฿0.67 loss per share (vs ฿0.069 profit in FY 2023) Full year 2024 results: ฿0.67 loss per share (down from ฿0.069 profit in FY 2023). Revenue: ฿9.62b (up 2.9% from FY 2023). Net loss: ฿909.3m (down ฿1.00b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Aankondiging • Mar 03
Power Line Engineering Public Company Limited, Annual General Meeting, Apr 28, 2025 Power Line Engineering Public Company Limited, Annual General Meeting, Apr 28, 2025, at 14:00 SE Asia Standard Time. Location: at cashmere room, floor 7, avani hotel sukhumvit, bangkok, no. 2089, sukhumvit rd., phra khanong, nuea wattana, bangkok, 10260., Thailand New Risk • Feb 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (฿408.5m market cap, or US$12.2m). New Risk • Sep 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (฿490.3m market cap, or US$14.3m). Reported Earnings • Aug 20
Second quarter 2024 earnings released: ฿0.17 loss per share (vs ฿0.021 loss in 2Q 2023) Second quarter 2024 results: ฿0.17 loss per share (further deteriorated from ฿0.021 loss in 2Q 2023). Revenue: ฿2.10b (up 17% from 2Q 2023). Net loss: ฿233.2m (loss widened ฿204.9m from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Apr 27
Power Line Engineering Public Company Limited Appoints Panich Vikitsreth to Be the New Additional Director Power Line Engineering Public Company Limited announced that at its AGM held on April 26, 2024, approved the appointment of Mr. Panich Vikitsreth to be the new additional director. Aankondiging • Mar 01
Power Line Engineering Public Company Limited, Annual General Meeting, Apr 26, 2024 Power Line Engineering Public Company Limited, Annual General Meeting, Apr 26, 2024, at 14:00 SE Asia Standard Time. Location: Chambray Grand Ballroom, Floor 7, Avani Hotel Sukhumvit, Bangkok, No. 2089, Sukhumvit Rd., Phra Khanong Nuea, Wattana Bangkok Thailand Agenda: To consider the company's performance of 2023; to consider the financial statements ended December 31 2023 and auditor report; to consider no dividend for the performance and financial statements of the 2023; to consider and appoint the members of the board of directors; to consider and appoint the auditor and his fee for the financial year of 2024; to consider and determine the remuneration for the board of directors in 2024; and to consider any other matters. Aankondiging • Nov 15
Power Line Engineering Public Company Limited to Report Q3, 2023 Results on Nov 14, 2023 Power Line Engineering Public Company Limited announced that they will report Q3, 2023 results on Nov 14, 2023 New Risk • Oct 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.0% 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 Less than 1 year of cash runway based on free cash flow trend (-฿2.0b free cash flow). Earnings have declined by 60% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (฿640.1m market cap, or US$17.6m). Reported Earnings • Aug 19
Second quarter 2023 earnings released: ฿0.021 loss per share (vs ฿0.074 loss in 2Q 2022) Second quarter 2023 results: ฿0.021 loss per share (improved from ฿0.074 loss in 2Q 2022). Revenue: ฿1.80b (up 11% from 2Q 2022). Net loss: ฿28.3m (loss narrowed 72% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Chairman Somprasong Boonyachai was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 18
Second quarter 2022 earnings released: ฿0.033 loss per share (vs ฿0.017 profit in 2Q 2021) Second quarter 2022 results: ฿0.033 loss per share (down from ฿0.017 profit in 2Q 2021). Revenue: ฿1.60b (down 18% from 2Q 2021). Net loss: ฿45.4m (down 299% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 43% 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. Aankondiging • Jun 15
Power Line Engineering Public Company Limited Announces Management Changes Power Line Engineering Public Company Limited's Board of Directors meeting appointed Mr. Somprasong Boonyachai, the independent director to be the chairman of the board of directors replacing Mr. Swake Srisuchart, whom had resigned from the chairman of the board of directors but remains the director and CEO of the company. This will be effective June 14, 2022. Reported Earnings • May 23
First quarter 2022 earnings released: ฿0.037 loss per share (vs ฿0.018 profit in 1Q 2021) First quarter 2022 results: ฿0.037 loss per share (down from ฿0.018 profit in 1Q 2021). Revenue: ฿1.77b (up 1.1% from 1Q 2021). Net loss: ฿50.9m (down 308% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 28
Upcoming dividend of ฿0.019 per share Eligible shareholders must have bought the stock before 05 May 2022. Payment date: 27 May 2022. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (5.1%). Higher than average of industry peers (1.7%). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Executive Director Wichai Suppermsathien was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 03
Power Line Engineering Public Company Limited, Annual General Meeting, Apr 29, 2022 Power Line Engineering Public Company Limited, Annual General Meeting, Apr 29, 2022, at 14:00 SE Asia Standard Time. Location: at Chambray Grand Ballroom , Floor 7, Avani Hotel Sukhumvit, Bangkok, No. 2089, Sukhumvit Rd., Phra Khanong Nuea, Wattana Thailand Agenda: To consider and approve the minutes of 2021 AGM on April 30th, 2021; to consider acknowledge the company's performance of 2021; to consider and approve the company's financial statements ended December 31st, 2021 and Auditor report; to consider dividend from the performance and financial statements of the 2021; to consider and appoint the members of the Board of Directors; and to consider other matters. Aankondiging • Mar 02
Power Line Engineering Public Company Limited Proposes Dividend for the Year 2021, Payable on May 27, 2022 Power Line Engineering Public Company Limited at board of directors of meeting held on February 28, 2022, approved to propose dividend per share of THB 0.019. The Board determined the record date for the right of shareholders to receive the dividend on May 6, 2022. This will be proposed to the 2022 AGM for consideration and approval. After the AGM's approval, the dividend will be paid on May 27, 2022. Reported Earnings • Nov 21
Third quarter 2021 earnings released: ฿0.03 loss per share (vs ฿0.17 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: ฿1.58b (down 23% from 3Q 2020). Net loss: ฿40.2m (loss narrowed 83% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 21
Second quarter 2021 earnings released: EPS ฿0.017 (vs ฿0.06 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿1.96b (down 32% from 2Q 2020). Net income: ฿22.9m (down 72% from 2Q 2020). Profit margin: 1.2% (down from 2.9% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 19
Third quarter 2020 earnings released: ฿0.17 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿2.05b (down 36% from 3Q 2019). Net loss: ฿233.7m (down ฿275.8m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 69% 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. Is New 90 Day High Low • Nov 05
New 90-day low: ฿0.70 The company is down 21% from its price of ฿0.89 on 07 August 2020. The Thai market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 17% over the same period. Is New 90 Day High Low • Oct 19
New 90-day low: ฿0.72 The company is down 14% from its price of ฿0.84 on 21 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Construction industry, which is also down 14% over the same period. Is New 90 Day High Low • Oct 02
New 90-day low: ฿0.74 The company is down 12% from its price of ฿0.84 on 03 July 2020. The Thai market is down 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 14% over the same period.