Siam Cement Past Earnings Performance

Past criteria checks 0/6

Siam Cement's earnings have been declining at an average annual rate of -31.6%, while the Basic Materials industry saw earnings declining at 0.6% annually. Revenues have been declining at an average rate of 1.3% per year. Siam Cement's return on equity is 2.7%, and it has net margins of 2.6%.

Key information

-31.64%

Earnings growth rate

-31.65%

EPS growth rate

Basic Materials Industry Growth	8.23%
Revenue growth rate	-1.29%
Return on equity	2.66%
Net Margin	2.64%
Next Earnings Update	26 Nov 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Siam Cement makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:TCM0 Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 26	507,419	13,396	63,822
31 Mar 26	495,860	19,199	63,898
31 Dec 25	496,925	14,075	65,879
30 Sep 25	501,382	17,255	67,929
30 Jun 25	507,788	18,645	68,896
31 Mar 25	511,299	5,016	68,460
31 Dec 24	511,172	6,342	67,931
30 Sep 24	501,278	5,720	66,073
30 Jun 24	498,727	7,440	65,874
31 Mar 24	495,163	11,814	64,598
31 Dec 23	499,646	25,915	65,161
30 Sep 23	501,217	27,207	65,232
30 Jun 23	517,960	27,209	67,088
31 Mar 23	545,864	29,065	68,911
31 Dec 22	569,609	21,382	69,588
30 Sep 22	590,085	29,532	69,003
30 Jun 22	579,518	33,905	66,887
31 Mar 22	560,539	41,104	64,874
31 Dec 21	530,112	47,174	62,428
30 Sep 21	484,697	46,915	60,310
30 Jun 21	453,809	49,839	57,911
31 Mar 21	416,265	42,087	54,646
31 Dec 20	399,939	34,144	52,757
30 Sep 20	408,866	33,201	52,218
30 Jun 20	418,257	29,664	51,628
31 Mar 20	431,342	27,323	54,790
31 Dec 19	437,980	32,014	54,265
30 Sep 19	449,026	35,378	53,143
30 Jun 19	461,214	38,646	55,783
31 Mar 19	472,566	44,004	53,609
31 Dec 18	478,438	44,748	53,858
30 Sep 18	474,615	46,848	53,944
30 Jun 18	464,525	49,211	52,189
31 Mar 18	452,904	50,062	52,058
31 Dec 17	450,921	55,041	52,173
30 Sep 17	437,135	54,953	52,028
30 Jun 17	429,664	57,207	51,158
31 Mar 17	429,712	59,982	50,201
31 Dec 16	423,442	56,084	49,991
30 Sep 16	429,451	55,055	49,889
30 Jun 16	435,391	49,965	49,710
31 Mar 16	440,336	47,815	50,086
31 Dec 15	439,614	45,400	49,256
30 Sep 15	450,702	42,807	48,845

Quality Earnings: TCM0 has a large one-off gain of THB8.5B impacting its last 12 months of financial results to 30th June, 2026.

Growing Profit Margin: TCM0's current net profit margins (2.6%) are lower than last year (3.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TCM0's earnings have declined by 31.6% per year over the past 5 years.

Accelerating Growth: TCM0's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TCM0 had negative earnings growth (-28.2%) over the past year, making it difficult to compare to the Basic Materials industry average (7%).

Return on Equity

High ROE: TCM0's Return on Equity (2.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/21 12:07
End of Day Share Price	2026/09/18 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

The Siam Cement Public Company Limited is covered by 31 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Prasit Rattanakijkamol	Asia Plus Securities Company Limited
Komsun Suksumrun	BofA Global Research
Suppata Srisuk	Bualuang Securities PCL