Reported Earnings • Mar 01
Full year 2025 earnings released: EPS: ฿0.001 (vs ฿0.043 in FY 2024) Full year 2025 results: EPS: ฿0.001 (down from ฿0.043 in FY 2024). Revenue: ฿735.5m (down 9.6% from FY 2024). Net income: ฿2.23m (down 97% from FY 2024). Profit margin: 0.3% (down from 11% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 43% per year, which means it has not declined as severely as earnings. Announcement • Feb 28
Chase Asia Public Company Limited Announces Grish Attagrish's Decision Not to Seek Re-Election, Effective from April 27, 2026 Chase Asia Public Company Limited has announced that Grish Attagrish, a board member, has decided not to seek re-election due to multiple responsibilities that are affecting his ability to fully perform his duties. His resignation will take effect on April 27, 2026, at the end of his current term. Announcement • Feb 27
Chase Asia Public Company Limited, Annual General Meeting, Apr 27, 2026 Chase Asia Public Company Limited, Annual General Meeting, Apr 27, 2026, at 14:00 SE Asia Standard Time. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: ฿0.002 (vs ฿0.005 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.002 (down from ฿0.005 in 3Q 2024). Revenue: ฿190.9m (down 6.6% from 3Q 2024). Net income: ฿3.55m (down 63% from 3Q 2024). Profit margin: 1.9% (down from 4.6% in 3Q 2024). The decrease in margin was driven by lower revenue. New Risk • Sep 09
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 26% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.0% net profit margin). Market cap is less than US$100m (฿1.55b market cap, or US$48.9m). Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.014 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.001 (down from ฿0.014 in 2Q 2024). Revenue: ฿189.9m (down 5.9% from 2Q 2024). Net income: ฿1.52m (down 95% from 2Q 2024). Profit margin: 0.8% (down from 14% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: ฿0.002 (vs ฿0.02 in 1Q 2024) First quarter 2025 results: EPS: ฿0.002 (down from ฿0.02 in 1Q 2024). Revenue: ฿192.1m (down 4.4% from 1Q 2024). Net income: ฿3.26m (down 92% from 1Q 2024). Profit margin: 1.7% (down from 19% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. New Risk • Mar 19
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 13% 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 (13% average weekly change). Earnings have declined by 5.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (฿1.63b market cap, or US$48.4m). Reported Earnings • Mar 01
Full year 2024 earnings released: EPS: ฿0.043 (vs ฿0.069 in FY 2023) Full year 2024 results: EPS: ฿0.043 (down from ฿0.069 in FY 2023). Revenue: ฿813.7m (up 20% from FY 2023). Net income: ฿86.2m (down 35% from FY 2023). Profit margin: 11% (down from 20% in FY 2023). The decrease in margin was driven by higher expenses. New Risk • Jan 10
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 Risk Earnings have declined by 2.7% 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 (฿1.33b market cap, or US$38.5m). Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.022 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.01 (down from ฿0.022 in 2Q 2023). Revenue: ฿201.8m (up 17% from 2Q 2023). Net income: ฿28.5m (down 35% from 2Q 2023). Profit margin: 14% (down from 25% in 2Q 2023). The decrease in margin was driven by higher expenses. Reported Earnings • May 15
First quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.007 in 1Q 2023) First quarter 2024 results: EPS: ฿0.02 (up from ฿0.007 in 1Q 2023). Revenue: ฿201.0m (up 39% from 1Q 2023). Net income: ฿39.0m (up 219% from 1Q 2023). Profit margin: 19% (up from 8.5% in 1Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ฿1.96, the stock trades at a trailing P/E ratio of 29.3x. Average trailing P/E is 16x in the Consumer Finance industry in Thailand. Total loss to shareholders of 29% over the past year. Announcement • Feb 29
Chase Asia Public Company Limited, Annual General Meeting, Apr 30, 2024 Chase Asia Public Company Limited, Annual General Meeting, Apr 30, 2024, at 14:00 SE Asia Standard Time. Agenda: To acknowledge the operating results of the Company for the year 2023; to consider and approve the statement of financial position and the statement of comprehensive income for the year ended 31 December 2023, which have been audited by the certified public accountant; to consider and approve the omission of dividend payment and the allocation of the net profit as a legal reserve; to consider and approve the re-election of directors to replace those retired by rotation; to consider and approve the determination of the directors' remuneration for the year 2024; to consider and approve the appointment of auditor and determination of the audit fee for the year 2024; to consider and approve the change in the Company's head office; and to consider other matters. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: ฿0.07 (vs ฿0.092 in FY 2022) Full year 2023 results: EPS: ฿0.07 (down from ฿0.092 in FY 2022). Revenue: ฿679.0m (up 1.1% from FY 2022). Net income: ฿133.0m (down 7.7% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ฿1.97, the stock trades at a trailing P/E ratio of 31.4x. Average trailing P/E is 15x in the Consumer Finance industry in Thailand. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.012 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.02 (up from ฿0.012 in 3Q 2022). Revenue: ฿178.5m (up 14% from 3Q 2022). Net income: ฿46.4m (up 140% from 3Q 2022). Profit margin: 26% (up from 12% in 3Q 2022). The increase in margin was primarily driven by higher revenue. New Risk • Oct 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.57b (US$98.4m) This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (฿3.57b market cap, or US$98.4m). Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ฿2.04, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 16x in the Consumer Finance industry in Thailand. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: ฿0.02 (vs ฿0.016 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.02 (up from ฿0.016 in 2Q 2022). Revenue: ฿172.5m (up 7.1% from 2Q 2022). Net income: ฿43.7m (up 71% from 2Q 2022). Profit margin: 25% (up from 16% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ฿1.67, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 16x in the Consumer Finance industry in Thailand. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ฿1.55, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 17x in the Consumer Finance industry in Thailand. New Risk • Jun 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.43b (US$98.9m) This is considered a minor 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Profit margins are more than 30% lower than last year (13% net profit margin). Market cap is less than US$100m (฿3.43b market cap, or US$98.9m). Reported Earnings • May 17
First quarter 2023 earnings released: EPS: ฿0.01 (vs ฿0.033 in 1Q 2022) First quarter 2023 results: EPS: ฿0.01 (down from ฿0.033 in 1Q 2022). Revenue: ฿144.9m (down 20% from 1Q 2022). Net income: ฿12.2m (down 76% from 1Q 2022). Profit margin: 8.5% (down from 28% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ฿1.93, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 31x in the Commercial Services industry in Thailand. Valuation Update With 7 Day Price Move • Mar 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ฿3.32, the stock trades at a trailing P/E ratio of 45.7x. Average trailing P/E is 32x in the Commercial Services industry in Thailand. Reported Earnings • Feb 24
Third quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.055 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.01 (down from ฿0.055 in 3Q 2021). Revenue: ฿154.5m (down 28% from 3Q 2021). Net income: ฿19.4m (down 78% from 3Q 2021). Profit margin: 13% (down from 40% in 3Q 2021). The decrease in margin was primarily driven by lower revenue. 
