TRC Construction Past Earnings Performance

Past criteria checks 0/6

TRC Construction has been growing earnings at an average annual rate of 57.7%, while the Construction industry saw earnings declining at 4.5% annually. Revenues have been declining at an average rate of 0.3% per year.

Key information

57.7%

Earnings growth rate

66.9%

EPS growth rate

Construction Industry Growth	-2.7%
Revenue growth rate	-0.3%
Return on equity	n/a
Net Margin	-24.6%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How TRC Construction makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:TRC Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,193	-540	258
30 Sep 23	2,507	-221	259
30 Jun 23	2,798	-249	249
31 Mar 23	3,168	-88	249
31 Dec 22	3,372	-112	258
30 Sep 22	3,435	-91	269
30 Jun 22	3,342	-24	270
31 Mar 22	3,562	20	270
31 Dec 21	3,888	-57	260
30 Sep 21	4,215	-55	264
30 Jun 21	4,025	-449	265
31 Mar 21	3,625	-560	294
31 Dec 20	3,421	-438	313
30 Sep 20	3,289	-631	373
30 Jun 20	3,652	-239	374
31 Mar 20	3,586	-234	375
31 Dec 19	3,425	-293	377
30 Sep 19	3,124	-2,157	678
30 Jun 19	2,817	-2,125	692
31 Mar 19	2,634	-2,097	680
31 Dec 18	2,304	-2,041	684
30 Sep 18	2,164	47	314
30 Jun 18	1,994	25	316
31 Mar 18	1,951	142	302
31 Dec 17	2,434	93	342
30 Sep 17	2,907	186	392
30 Jun 17	3,578	235	397
31 Mar 17	3,577	184	400
31 Dec 16	3,734	291	357
30 Sep 16	4,032	256	315
30 Jun 16	3,762	249	330
31 Mar 16	4,277	294	333
31 Dec 15	3,944	306	332
30 Sep 15	3,527	237	325
30 Jun 15	3,430	270	300
31 Mar 15	3,173	258	312
31 Dec 14	3,123	215	303
30 Sep 14	2,838	253	315
30 Jun 14	2,752	189	305
31 Mar 14	2,599	151	266
31 Dec 13	2,513	126	247
30 Sep 13	2,900	77	211
30 Jun 13	3,445	132	202

Quality Earnings: TRC is currently unprofitable.

Growing Profit Margin: TRC is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TRC is unprofitable, but has reduced losses over the past 5 years at a rate of 57.7% per year.

Accelerating Growth: Unable to compare TRC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TRC is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-11.2%).

Return on Equity

High ROE: TRC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

TRC Construction Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: ฿0.056 loss per share (vs ฿0.012 loss in FY 2022)

Third quarter 2023 earnings released: ฿0.003 loss per share (vs ฿0.006 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.018 loss per share (vs ฿0.001 loss in 2Q 2022)

First quarter 2023 earnings released: ฿0.001 loss per share (vs ฿0.003 loss in 1Q 2022)

Second quarter 2022 earnings released: ฿0.001 loss per share (vs ฿0.003 profit in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Recent updates

New minor risk - Market cap size

TRC Construction Public Company Limited, Annual General Meeting, Apr 29, 2024

New major risk - Negative shareholders equity

Full year 2023 earnings released: ฿0.056 loss per share (vs ฿0.012 loss in FY 2022)

TRC Construction Public Company Limited Announces Chief Accountant Officer Changes

New minor risk - Shareholder dilution

Now 21% undervalued after recent price drop

TRC Construction Public Company Limited Announces CFO Changes

Now 22% undervalued after recent price drop

New minor risk - Market cap size

Third quarter 2023 earnings released: ฿0.003 loss per share (vs ฿0.006 loss in 3Q 2022)

Trc Construction Public Company Limited Announces Appointment of Pavita Leesakul as Managing Director and in Executive Committee

Second quarter 2023 earnings released: ฿0.018 loss per share (vs ฿0.001 loss in 2Q 2022)

First quarter 2023 earnings released: ฿0.001 loss per share (vs ฿0.003 loss in 1Q 2022)

Insufficient new directors

Now 22% undervalued after recent price drop

Second quarter 2022 earnings released: ฿0.001 loss per share (vs ฿0.003 profit in 2Q 2021)

TRC Construction Public Company Limited Limited Announces Appointment of Miss Pavita Leesakul as Company Secretary

TRC Construction Public Company Limited Appoints Pasit Leesakul as Managing Director

Insufficient new directors

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

TRC Construction Public Company Limited, Annual General Meeting, Apr 26, 2022

Full year 2021 earnings: EPS and revenues miss analyst expectations

Third quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.04 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.004 (vs ฿0.008 loss in 2Q 2020)

First quarter 2021 earnings released

TRC Construction Public Company Limited, Annual General Meeting, Apr 28, 2021

Full year 2020 earnings released: ฿0.046 loss per share (vs ฿0.038 loss in FY 2019)

Third quarter 2020 earnings released: ฿0.04 loss per share

TRC Construction Public Company Limited Announces Signing the Contract of HDPE Pipeline Package for New Bang Phra Raw Water Line Project

First half earnings released

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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