Aankondiging • Mar 05
General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 28, 2026 General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 28, 2026, at 15:00 SE Asia Standard Time. Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ฿0.012 (vs ฿0.001 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.012 (up from ฿0.001 in 3Q 2024). Revenue: ฿79.2m (down 17% from 3Q 2024). Net income: ฿13.2m (up ฿11.9m from 3Q 2024). Profit margin: 17% (up from 1.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 15
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ฿62.2m (down 35% from 2Q 2024). Net loss: ฿377.0k (down 107% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: ฿0.005 (vs ฿0.005 in 1Q 2024) First quarter 2025 results: EPS: ฿0.005 (in line with 1Q 2024). Revenue: ฿66.1m (flat on 1Q 2024). Net income: ฿5.70m (up 2.2% from 1Q 2024). Profit margin: 8.6% (up from 8.4% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance. New Risk • Mar 13
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 8.2% 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 22% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (฿343.7m market cap, or US$10.2m). New Risk • Mar 04
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿332.6m (US$9.86m) 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 22% per year over the past 5 years. Market cap is less than US$10m (฿332.6m market cap, or US$9.86m). Aankondiging • Mar 01
General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 28, 2025 General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 28, 2025, at 15:00 SE Asia Standard Time. Aankondiging • Feb 27
An undisclosed buyer signed a letter of intent to acquire 99.99% stake in Genco Medical Company Limited from General Environmental Conservation Public Company Limited (SET:GENCO) for THB 6.2 million. An undisclosed buyer signed a letter of intent to acquire 99.99% stake in Genco Medical Company Limited from General Environmental Conservation Public Company Limited (SET:GENCO) for THB 6.2 million on February 25, 2025. A cash consideration of THB 6.15 million will be paid by the buyer. As part of consideration, THB 6.15 million is paid towards common equity of Genco Medical Company Limited.
The transaction is subject to approval of merger agreement by target board. The deal has been approved by the board. Reported Earnings • Feb 26
Full year 2024 earnings released: ฿0.11 loss per share (vs ฿0.079 loss in FY 2023) Full year 2024 results: ฿0.11 loss per share (further deteriorated from ฿0.079 loss in FY 2023). Revenue: ฿355.9m (up 27% from FY 2023). Net loss: ฿125.4m (loss widened 42% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ฿0.005 (vs ฿0.005 loss in 2Q 2023) Second quarter 2024 results: EPS: ฿0.005 (up from ฿0.005 loss in 2Q 2023). Revenue: ฿97.3m (up 39% from 2Q 2023). Net income: ฿5.49m (up ฿10.9m from 2Q 2023). Profit margin: 5.6% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Aankondiging • Jul 23
General Environmental Conservation Public Company Limited Appoints Kotchakorn Kanbut as Chief Accountant General Environmental Conservation Public Company Limited announced the appointment of Miss. Kotchakorn Kanbut as Chief Accountant. Effective Date of appointment is July 19, 2024. Board Change • May 23
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Buppa Kawinvasin was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: ฿0.005 (vs ฿0.005 loss in 1Q 2023) First quarter 2024 results: EPS: ฿0.005 (up from ฿0.005 loss in 1Q 2023). Revenue: ฿68.1m (down 5.2% from 1Q 2023). Net income: ฿5.58m (up ฿10.7m from 1Q 2023). Profit margin: 8.2% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 03
General Environmental Conservation Public Company Limited Announces Appointment of Pamorn Srisaton as Chief Accountant General Environmental Conservation Public Company Limited announced the appointment of Pamorn Srisaton as Chief Accountant. Effective Date of Appointment: April 1, 2024. Reported Earnings • Feb 24
Full year 2023 earnings released: ฿0.08 loss per share (vs ฿0.021 loss in FY 2022) Full year 2023 results: ฿0.08 loss per share (further deteriorated from ฿0.021 loss in FY 2022). Revenue: ฿286.8m (up 3.5% from FY 2022). Net loss: ฿88.4m (loss widened 280% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Aankondiging • Feb 24
General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 24, 2024 General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 24, 2024, at 15:00 SE Asia Standard Time. Agenda: To acknowledge the result of the Company's performance for the year 2023; to approve the Financial Statements for the year ended December 31, 2023; to approve the omission of the legal reserve allotment and omission dividend payment from the business operation for the year 2023; approve the election of directors to replace the directors who are retired by rotation; and to discuss other matters. New Risk • Nov 06
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 47% 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 (฿677.3m market cap, or US$19.1m). Aankondiging • Nov 02
General Environmental Conservation Public Company Limited Announces Resignation of Siripetch Anansantiwong as Chief Accountant General Environmental Conservation Public Company Limited announced resignation of Siripetch Anansantiwong as Chief Accountant. Effective Date of Termination October 31, 2023. Buying Opportunity • Nov 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be ฿0.65, 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. Meanwhile, the company became loss making. Reported Earnings • Aug 13
Second quarter 2023 earnings released: ฿0.005 loss per share (vs ฿0.001 loss in 2Q 2022) Second quarter 2023 results: ฿0.005 loss per share (further deteriorated from ฿0.001 loss in 2Q 2022). Revenue: ฿70.2m (up 4.1% from 2Q 2022). Net loss: ฿5.41m (loss widened 242% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Aankondiging • Jul 21
General Environmental Conservation Public Company Limited (SET:GENCO) announces an Equity Buyback for 112,229,762 shares, representing 10% for THB 8 million. General Environmental Conservation Public Company Limited (SET:GENCO) announces a share repurchase program. Under the program, the company will repurchase up to 112,229,762 shares, representing 10% of its issued share capital for THB 8 million. The shares will be repurchased at a price not exceeding the average closing price of 5 days, prior to each repurchase date plus 115% of such average closing price. The purpose of the program is to increase the return on equity and earnings per share, to help the company’s share price to reflect its intrinsic value, to manage the company's excess liquidity to maximize benefits. The repurchase program will expire on January 11, 2024. As of March 16, 2023, the company had 1,122,297,625 shares in issue. Aankondiging • Jun 22
General Environmental Conservation Public Company Limited Approves the Appointment of Angkhani Vorasaph as Chairman of the Board General Environmental Conservation Public Company Limited held the Board of Directors Meeting on June 20, 2023. The meeting has approved the appointment of Mr. Angkhani Vorasaph to be a Chairman of the Board of the Directors. The appointment shall be effective from June 20, 2023 onwards. Buying Opportunity • Jan 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 3.1%. The fair value is estimated to be ฿0.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.6% over the last 3 years. Earnings per share has grown by 52%. Aankondiging • Nov 24
General Environmental Conservation Public Company Limited Announces Resignation of Phornphimon Mongkhollom as Chief Accountant General Environmental Conservation Public Company Limited announced resignation of Miss Phornphimon Mongkhollom Chief Accountant, effective November 14, 2022. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Buppa Kawinvasin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Independent Director Buppa Kawinvasin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 11
General Environmental Conservation Public Company Limited Announces Resignation of Tawan Taweethavornsawas as Director General Environmental Conservation Public Company Limited announced that Mr. Tawan Taweethavornsawas, Director of the company has submitted his resignation from position of the Board of Directors, effective on October 5, 2022. Reported Earnings • Aug 16
Second quarter 2022 earnings released: ฿0.001 loss per share (vs ฿0.001 loss in 2Q 2021) Second quarter 2022 results: ฿0.001 loss per share (vs ฿0.001 loss in 2Q 2021). Revenue: ฿67.4m (up 16% from 2Q 2021). Net loss: ฿1.58m (loss widened 69% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • May 19
First quarter 2022 earnings released: EPS: ฿0.003 (vs ฿0.001 in 1Q 2021) First quarter 2022 results: EPS: ฿0.003 (up from ฿0.001 in 1Q 2021). Revenue: ฿55.9m (up 5.6% from 1Q 2021). Net income: ฿3.21m (up 268% from 1Q 2021). Profit margin: 5.7% (up from 1.6% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.005 (up from ฿0.043 loss in FY 2020). Revenue: ฿242.7m (down 14% from FY 2020). Net income: ฿5.76m (up ฿53.5m from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Board Change • Nov 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. MD, Acting CFO, COO, Chief Property Officer & Director Burin Amornpichit was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS ฿0.006 (vs ฿0.006 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ฿60.7m (down 26% from 3Q 2020). Net income: ฿6.54m (up ฿13.3m from 3Q 2020). Profit margin: 11% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Reported Earnings • May 16
First quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.004 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿52.9m (down 20% from 1Q 2020). Net income: ฿872.0k (up ฿5.92m from 1Q 2020). Profit margin: 1.6% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 12
New 90-day high: ฿0.60 The company is up 22% from its price of ฿0.49 on 09 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Commercial Services industry, which is up 27% over the same period. Aankondiging • Feb 24
General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 29, 2021 General Environmental Conservation Public Company Limited, Annual General Meeting, Apr 29, 2021, at 15:00 SE Asia Standard Time. Agenda: To acknowledge the result of the Company's performance for the year 2020; to approve the Financial Statements for the year ended December 31, 2020; to approve the omission of the legal reserve allotment and omission dividend payment from the business operation for the year 2020; to approve the election of directors to replace the directors who are retired by rotation; To approve the appointment of Auditors and fix the Auditor fee for 2021; and to approve the remuneration for Directors; and to consider other matters. (if any). Reported Earnings • Feb 24
Full year 2020 earnings released: ฿0.043 loss per share (vs ฿0.031 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ฿287.9m (down 2.3% from FY 2019). Net loss: ฿47.7m (loss widened 37% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 27
New 90-day high: ฿0.56 The company is up 17% from its price of ฿0.48 on 29 October 2020. The Thai market is up 25% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: ฿0.52 The company is up 2.0% from its price of ฿0.51 on 03 September 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Commercial Services industry, which is up 1.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: ฿0.006 loss per share The company reported a soft third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: ฿87.0m (up 20% from 3Q 2019). Net loss: ฿6.80m (loss widened 200% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Sep 25
New 90-day low: ฿0.46 The company is down 6.0% from its price of ฿0.49 on 26 June 2020. The Thai market is also down 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Commercial Services industry, which is up 29% over the same period.