Thai Energy Storage Technology Past Earnings Performance
Past criteria checks 5/6
Thai Energy Storage Technology has been growing earnings at an average annual rate of 0.2%, while the Auto Components industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 1.1% per year. Thai Energy Storage Technology's return on equity is 9.3%, and it has net margins of 4.9%.
Key information
0.2%
Earnings growth rate
-2.9%
EPS growth rate
| Auto Components Industry Growth | 12.0% |
| Revenue growth rate | -1.1% |
| Return on equity | 9.3% |
| Net Margin | 4.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Thai Energy Storage Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 4,857 | 239 | 804 | 0 |
| 31 Mar 24 | 4,722 | 145 | 806 | 0 |
| 31 Dec 23 | 4,587 | -34 | 820 | 0 |
| 30 Sep 23 | 4,549 | -41 | 812 | 0 |
| 30 Jun 23 | 4,669 | 48 | 810 | 0 |
| 31 Mar 23 | 4,967 | 125 | 808 | 0 |
| 31 Dec 22 | 5,447 | 165 | 833 | 0 |
| 30 Sep 22 | 5,761 | 215 | 873 | 0 |
| 30 Jun 22 | 5,728 | 186 | 874 | 0 |
| 31 Mar 22 | 5,495 | 158 | 869 | 0 |
| 31 Dec 21 | 5,145 | 153 | 889 | 0 |
| 30 Sep 21 | 4,851 | 139 | 882 | 0 |
| 30 Jun 21 | 4,763 | 107 | 926 | 0 |
| 31 Mar 21 | 4,531 | 27 | 958 | 0 |
| 31 Dec 20 | 4,520 | 42 | 1,207 | 0 |
| 30 Sep 20 | 5,347 | 91 | 1,350 | 0 |
| 30 Jun 20 | 5,323 | 121 | 1,304 | 0 |
| 31 Mar 20 | 5,526 | 124 | 1,336 | 0 |
| 31 Dec 19 | 5,462 | 137 | 1,057 | 0 |
| 30 Sep 19 | 4,827 | 121 | 930 | 0 |
| 30 Jun 19 | 4,879 | 101 | 967 | 0 |
| 31 Mar 19 | 4,924 | 108 | 968 | 0 |
| 31 Dec 18 | 4,890 | -105 | 1,130 | 0 |
| 30 Sep 18 | 4,979 | -156 | 1,141 | 0 |
| 30 Jun 18 | 5,005 | -474 | 1,142 | 0 |
| 31 Mar 18 | 5,063 | -484 | 1,124 | 0 |
| 31 Dec 17 | 5,087 | -349 | 999 | 0 |
| 30 Sep 17 | 5,273 | -301 | 1,076 | 0 |
| 30 Jun 17 | 5,399 | 43 | 1,104 | 0 |
| 31 Mar 17 | 5,277 | 127 | 1,111 | 0 |
| 31 Dec 16 | 5,053 | 157 | 1,124 | 0 |
| 30 Sep 16 | 4,853 | 221 | 1,053 | 0 |
| 30 Jun 16 | 4,726 | 223 | 1,036 | 0 |
| 31 Mar 16 | 4,702 | 225 | 1,038 | 0 |
| 31 Dec 15 | 4,809 | 220 | 1,028 | 0 |
| 30 Sep 15 | 4,829 | 181 | 1,013 | 0 |
| 30 Jun 15 | 4,793 | 162 | 989 | 0 |
| 31 Mar 15 | 4,983 | 176 | 959 | 0 |
| 31 Dec 14 | 5,078 | 205 | 924 | 0 |
| 30 Sep 14 | 5,009 | 188 | 932 | 0 |
| 30 Jun 14 | 5,103 | 232 | 937 | 0 |
| 31 Mar 14 | 5,123 | 167 | 970 | 0 |
| 31 Dec 13 | 5,346 | 119 | 1,014 | 0 |
Quality Earnings: 3K-BAT has high quality earnings.
Growing Profit Margin: 3K-BAT's current net profit margins (4.9%) are higher than last year (1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3K-BAT's earnings have grown by 0.2% per year over the past 5 years.
Accelerating Growth: 3K-BAT's earnings growth over the past year (396.1%) exceeds its 5-year average (0.2% per year).
Earnings vs Industry: 3K-BAT earnings growth over the past year (396.1%) exceeded the Auto Components industry 3%.
Return on Equity
High ROE: 3K-BAT's Return on Equity (9.3%) is considered low.