New Risk • Jul 21
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 69% per year over the past 5 years. Market cap is less than US$10m (฿222.7m market cap, or US$6.62m). Minor Risk Revenue is less than US$5m (฿98m revenue, or US$2.9m). Reported Earnings • May 19
First quarter 2026 earnings released: EPS: ฿0 (vs ฿0.017 loss in 1Q 2025) First quarter 2026 results: EPS: ฿0 (improved from ฿0.017 loss in 1Q 2025). Net loss: ฿620.0k (loss narrowed 97% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 31 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 03
Full year 2025 earnings released: ฿0.13 loss per share (vs ฿0.13 loss in FY 2024) Full year 2025 results: ฿0.13 loss per share (improved from ฿0.13 loss in FY 2024). Net loss: ฿164.6m (loss narrowed 3.7% from FY 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. Aankondiging • Feb 27
SGF Capital Public Company Limited, Annual General Meeting, Apr 29, 2026 SGF Capital Public Company Limited, Annual General Meeting, Apr 29, 2026, at 10:00 SE Asia Standard Time. Reported Earnings • Nov 15
Third quarter 2025 earnings released: ฿0.011 loss per share (vs ฿0.04 loss in 3Q 2024) Third quarter 2025 results: ฿0.011 loss per share (improved from ฿0.04 loss in 3Q 2024). Net loss: ฿14.1m (loss narrowed 73% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
Second quarter 2025 earnings released: ฿0.063 loss per share (vs ฿0.026 loss in 2Q 2024) Second quarter 2025 results: ฿0.063 loss per share (further deteriorated from ฿0.026 loss in 2Q 2024). Net loss: ฿82.7m (loss widened 139% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
First quarter 2025 earnings released: ฿0.017 loss per share (vs ฿0.019 loss in 1Q 2024) First quarter 2025 results: ฿0.017 loss per share (improved from ฿0.019 loss in 1Q 2024). Net loss: ฿21.9m (loss narrowed 12% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Aankondiging • Apr 30
SGF Capital Public Company Limited Approves Directorate Changes SGF Capital Public Company Limited approved at its AGM held on 29 April 2025, the appointment of Mr. Yanyong Siripun- Audit Committee member /Independent Director and Mr. Issarachai Decharit Director-
Director. New Risk • Apr 18
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 53% per year over the past 5 years. Market cap is less than US$10m (฿170.3m market cap, or US$5.09m). Minor Risk Revenue is less than US$5m (฿59m revenue, or US$1.8m). Reported Earnings • Mar 01
Full year 2024 earnings released: ฿0.13 loss per share (vs ฿0.024 loss in FY 2023) Full year 2024 results: ฿0.13 loss per share (further deteriorated from ฿0.024 loss in FY 2023). Revenue: ฿385.7m (up 69% from FY 2023). Net loss: ฿170.9m (loss widened 446% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 27
SGF Capital Public Company Limited, Annual General Meeting, Apr 29, 2025 SGF Capital Public Company Limited, Annual General Meeting, Apr 29, 2025, at 10:00 SE Asia Standard Time. Reported Earnings • Nov 19
Third quarter 2024 earnings released: ฿0.04 loss per share (vs ฿0.013 loss in 3Q 2023) Third quarter 2024 results: ฿0.04 loss per share (further deteriorated from ฿0.013 loss in 3Q 2023). Net loss: ฿52.8m (loss widened 199% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. New Risk • Nov 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿340.6m (US$9.91m) 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 42% per year over the past 5 years. Market cap is less than US$10m (฿340.6m market cap, or US$9.91m). Minor Risks High level of debt (43% net debt to equity). Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (฿156m revenue, or US$4.5m). Reported Earnings • Aug 14
Second quarter 2024 earnings released: ฿0.026 loss per share (vs ฿0.007 loss in 2Q 2023) Second quarter 2024 results: ฿0.026 loss per share (further deteriorated from ฿0.007 loss in 2Q 2023). Net loss: ฿34.6m (loss widened 279% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. New Risk • Jun 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿366.8m (US$9.99m) 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 Debt is not well covered by operating cash flow (8.6% operating cash flow to total debt). Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (฿366.8m market cap, or US$9.99m). Reported Earnings • May 15
First quarter 2024 earnings released: ฿0.019 loss per share (vs ฿0.007 profit in 1Q 2023) First quarter 2024 results: ฿0.019 loss per share (down from ฿0.007 profit in 1Q 2023). Net loss: ฿24.9m (down 358% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 02
Full year 2023 earnings released: ฿0.024 loss per share (vs ฿0.032 profit in FY 2022) Full year 2023 results: ฿0.024 loss per share (down from ฿0.032 profit in FY 2022). Net loss: ฿31.3m (down 176% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. New Risk • Feb 16
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 6.2% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 34% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (฿576.4m market cap, or US$16.0m). Reported Earnings • Nov 16
Third quarter 2023 earnings released: ฿0.013 loss per share (vs ฿0.007 profit in 3Q 2022) Third quarter 2023 results: ฿0.013 loss per share (down from ฿0.007 profit in 3Q 2022). Net loss: ฿17.7m (down 300% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Aug 24
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 37% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.9% net profit margin). Market cap is less than US$100m (฿812.2m market cap, or US$23.2m). New Risk • Aug 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.9% Last year net profit margin: 20% 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 (currently running at an operating cash loss). Earnings have declined by 37% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.9% net profit margin). Market cap is less than US$100m (฿615.7m market cap, or US$17.5m). Reported Earnings • Aug 14
Second quarter 2023 earnings released: ฿0.007 loss per share (vs ฿0.016 profit in 2Q 2022) Second quarter 2023 results: ฿0.007 loss per share (down from ฿0.016 profit in 2Q 2022). Revenue: ฿55.1m (down 21% from 2Q 2022). Net loss: ฿9.12m (down 145% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: ฿0.007 (vs ฿0.011 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.007 (down from ฿0.011 in 3Q 2021). Revenue: ฿67.7m (up 13% from 3Q 2021). Net income: ฿8.81m (down 39% from 3Q 2021). Profit margin: 13% (down from 24% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% 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. 4 non-independent directors. Independent Director Yanyong Siripun was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: ฿0.016 (vs ฿0.009 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.016 (up from ฿0.009 in 2Q 2021). Revenue: ฿69.6m (up 21% from 2Q 2021). Net income: ฿20.4m (up 75% from 2Q 2021). Profit margin: 29% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: ฿0.008 (vs ฿0.018 in 1Q 2021) First quarter 2022 results: EPS: ฿0.008 (down from ฿0.018 in 1Q 2021). Revenue: ฿61.3m (down 10% from 1Q 2021). Net income: ฿10.9m (down 54% from 1Q 2021). Profit margin: 18% (down from 35% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. 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. 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. 4 non-independent directors. Independent Director Yanyong Siripun was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.044 (up from ฿0.031 in FY 2020). Revenue: ฿242.4m (up 2.3% from FY 2020). Net income: ฿57.0m (up 40% from FY 2020). Profit margin: 24% (up from 17% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. 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 8% per year, which means it has not declined as severely as earnings. Board Change • Feb 23
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. 4 non-independent directors. Independent Director Yanyong Siripun was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 15
SGF Public Company Limited Announces Board Changes SGF Public Company Limited announced the resolutions of the Board of Directors' meeting held on 14 February 2022 to approve appointment the new director replacement Mr. Piphat Inphongphant who resigned on 1 February 2022 and resolved as: appointed Mrs. Petcharat Thongtang as director replacement Mr. Piphat Inphongphant; appointed Mr. Yanyong Siripun, independent director, to be audit committee member. Aankondiging • Feb 01
SGF Capital Public Company Limited Announces Resignation of Piphat Inphongphant as Audit Committee Member and Independent Director, Effective 1 February 2022 SGF Capital Public Company Limited announced that Mr. Piphat Inphongphant, the company's Director, audit committee member and independent director resigned from the Board of Director, audit committee member and independent director by the effective date is 1 February 2022. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS ฿0.011 (vs ฿0.029 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿59.9m (down 28% from 3Q 2020). Net income: ฿14.4m (down 62% from 3Q 2020). Profit margin: 24% (down from 46% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 17% share price gain to ฿1.42, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 21x in the Diversified Financial industry in Thailand. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 24% share price gain to ฿1.28, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 21x in the Diversified Financial industry in Thailand. Total loss to shareholders of 37% over the past three years. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ฿0.009 (vs ฿0.026 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿57.7m (up 298% from 2Q 2020). Net income: ฿11.7m (up ฿45.1m from 2Q 2020). Profit margin: 20% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% 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. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improved over the past week After last week's 17% share price gain to ฿1.31, the stock trades at a trailing P/E ratio of 32.1x. Average trailing P/E is 25x in the Diversified Financial industry in Thailand. Total loss to shareholders of 6.4% over the past three years. Reported Earnings • May 17
First quarter 2021 earnings released: EPS ฿0.018 (vs ฿0.008 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ฿68.2m (up 19% from 1Q 2020). Net income: ฿23.6m (up 116% from 1Q 2020). Profit margin: 35% (up from 19% in 1Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improved over the past week After last week's 16% share price gain to ฿1.21, the stock trades at a trailing P/E ratio of 38.9x. Average trailing P/E is 34x in the Diversified Financial industry in Thailand. Total loss to shareholders of 6.9% over the past three years. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 22% share price gain to ฿1.10, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 30x in the Diversified Financial industry in Thailand. Total loss to shareholders of 39% over the past three years. Aankondiging • Mar 18
SGF Capital Public Company Limited, Annual General Meeting, Apr 30, 2021 SGF Capital Public Company Limited, Annual General Meeting, Apr 30, 2021, at 10:00 SE Asia Standard Time. Location: meeting room, head quarter of the Company, 121 4th Floors, WTH Holding Building Vibhavadi-Rangsit Road, Samsen Nai, Phyathai Bangkok Thailand Agenda: To certify the Minutes of the 2020 Annual General Meeting of Shareholders held on 29th July 2020; to consider and acknowledge the report on the Company's operating results in respect of the year 2020; to certify and approve the audited Statements of Financial Position and Statements of Comprehensive Income for the year ended 31st December, 2020; to consider and approve the no distribution of dividends for the year 2020 and allocation of profits to be the legal reserve; to consider and approve the appointment of directors replacing those retired by rotation; to consider and approve the directors' remuneration; to consider and approve the appointment of auditors and their remuneration for the year 2021; and to consider any other issues (if any). Reported Earnings • Feb 28
Full year 2020 earnings released: EPS ฿0.031 (vs ฿0.042 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿226.9m (down 14% from FY 2019). Net income: ฿40.8m (down 27% from FY 2019). Profit margin: 18% (down from 21% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 15
New 90-day high: ฿0.91 The company is up 94% from its price of ฿0.47 on 16 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 27% over the same period. Is New 90 Day High Low • Dec 17
New 90-day high: ฿0.70 The company is up 30% from its price of ฿0.54 on 18 September 2020. The Thai market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 15% over the same period. Is New 90 Day High Low • Nov 29
New 90-day high: ฿0.58 The company is up 4.0% from its price of ฿0.56 on 31 August 2020. The Thai market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Diversified Financial industry, which is up 2.0% over the same period. Reported Earnings • Nov 16
Third quarter 2020 earnings released: EPS ฿0.029 Third quarter 2020 results: Net income: ฿38.0m (up 354% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year whereas the company’s share price has fallen by 41% per year. Is New 90 Day High Low • Oct 16
New 90-day low: ฿0.47 The company is down 23% from its price of ฿0.61 on 17 July 2020. The Thai market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is down 4.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: ฿0.53 The company is down 10.0% from its price of ฿0.59 on 26 June 2020. The Thai market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is down 5.0% over the same period. 
