Power Solution Technologies Past Earnings Performance

Past criteria checks 0/6

Power Solution Technologies's earnings have been declining at an average annual rate of -53.7%, while the Oil and Gas industry saw earnings growing at 6% annually. Revenues have been declining at an average rate of 14.4% per year.

Key information

-53.7%

Earnings growth rate

-59.7%

EPS growth rate

Oil and Gas Industry Growth	16.1%
Revenue growth rate	-14.4%
Return on equity	-0.9%
Net Margin	-3.1%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Power Solution Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:PSTC Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	1,588	-49	166
31 Dec 23	1,633	-83	159
30 Sep 23	1,613	-47	177
30 Jun 23	1,856	-28	176
31 Mar 23	1,863	-66	168
31 Dec 22	1,892	-101	173
30 Sep 22	1,984	-264	166
30 Jun 22	1,904	-260	162
31 Mar 22	2,249	-192	181
31 Dec 21	2,318	-93	183
30 Sep 21	2,475	1,150	129
30 Jun 21	2,551	1,151	137
31 Mar 21	2,361	64	183
31 Dec 20	2,372	15	186
30 Sep 20	2,630	-1,027	183
30 Jun 20	2,769	1,987	297
31 Mar 20	3,028	3,097	243
31 Dec 19	3,210	3,129	251
30 Sep 19	3,108	3,114	288
30 Jun 19	3,062	90	184
31 Mar 19	3,101	97	187
31 Dec 18	2,985	85	184
30 Sep 18	2,734	67	198
30 Jun 18	2,407	73	177
31 Mar 18	1,795	55	161
31 Dec 17	1,360	43	145
30 Sep 17	972	14	132
30 Jun 17	732	-31	152
31 Mar 17	723	-39	153
31 Dec 16	611	-39	154
30 Sep 16	635	-4	149
30 Jun 16	642	44	121
31 Mar 16	495	30	114
31 Dec 15	484	15	108
30 Sep 15	424	21	107
30 Jun 15	363	13	109
31 Mar 15	427	29	100
31 Dec 14	426	39	97
30 Sep 14	447	44	86
30 Jun 14	449	27	85
31 Mar 14	490	37	88
31 Dec 13	444	14	90

Quality Earnings: PSTC is currently unprofitable.

Growing Profit Margin: PSTC is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PSTC is unprofitable, and losses have increased over the past 5 years at a rate of 53.7% per year.

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

Earnings vs Industry: PSTC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-14.1%).

Return on Equity

High ROE: PSTC has a negative Return on Equity (-0.89%), as it is currently unprofitable.

Power Solution Technologies Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: ฿0.011 (vs ฿0.004 loss in 1Q 2023)

Full year 2023 earnings released: ฿0.035 loss per share (vs ฿0.043 loss in FY 2022)

Second quarter 2023 earnings released: ฿0.012 loss per share (vs ฿0.028 loss in 2Q 2022)

Second quarter 2022 earnings released: ฿0.028 loss per share (vs ฿0.002 profit in 2Q 2021)

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: EPS and revenues miss analyst expectations

Recent updates

New minor risk - Shareholder dilution

Power Solution Technologies Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 546.364377 million.

First quarter 2024 earnings released: EPS: ฿0.011 (vs ฿0.004 loss in 1Q 2023)

New major risk - Share price stability

Less than half of directors are independent

Full year 2023 earnings released: ฿0.035 loss per share (vs ฿0.043 loss in FY 2022)

Power Solution Technologies Public Company Limited Announces the Re-Designation of Jira Chamnandet from Acting Chief Financial Officer to Chief Financial Officer

Power Solution Technologies Public Company Limited Announces Resignation of Soammaphat Traisorat as Chairman of the Board of Directors and the Acting Chairman of the Executive Committee

Power Solution Technologies Public Company Limited Announces Withdrew the Appointment of Kanokporn Sanawatana as Chief Financial Officer

Power Solution Technologies Public Company Limited Announces Changing of Chief Financial Officer

Second quarter 2023 earnings released: ฿0.012 loss per share (vs ฿0.028 loss in 2Q 2022)

Power Solution Technologies Public Company Limited Announces Change of CFO, Effective August 16, 2023

Power Solution Technologies Public Company Limited Announces Management Changes

Price target increased to ฿3.70

Power Solution Technologies Public Company Limited Announces Miss Jira Chamnandet as Chief Accountant

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.028 loss per share (vs ฿0.002 profit in 2Q 2021)

Power Solution Technologies Public Company Limited Appoints Naruemon Masjungreed as Chief Accountant

Power Solution Technologies Public Company Limited Announces Resignation of Pinyarat Wongsavit as Chief Accountant

Power Solution Technologies Public Company Limited Announces Resignation of Mr. Rachanan Chanamai from A Director of the Company

Power Solution Technologies Public Company Limited Appoints Yuwaporn Pumprasert as CFO

Power Solution Technologies Public Company Limited Appoints Sakul Pochanart as Chairman of the Audit Committee

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Power Solution Technologies Public Company Limited Announces Board Changes

Full year 2021 earnings: EPS and revenues miss analyst expectations

Power Solution Technologies Public Company Limited Announces Executive Changes

Third quarter 2021 earnings released: EPS ฿0.005 (vs ฿0.007 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.002 (vs ฿0.46 loss in 2Q 2020)

Company Secretary Kannika Earpin has left the company

CFO & Director Anong Panicharoennan has left the company

Price target increased to ฿3.70

First quarter 2021 earnings released

Energy For All Company Limited acquired Bio Green Energy 3 Company Limited from Power Solution Technologies Public Company Limited (SET:PSTC) for THB 12 million.

Full year 2020 earnings released: ฿0.42 loss per share (vs ฿1.91 profit in FY 2019)

Revenue beats expectations, earnings disappoint

Power Solution Technologies Public Company Limited Announces Board Changes

New 90-day low: ฿1.71

Kittapat Pacharatrin acquired 11% stake in Nawarat Beverage Company Limited from Power Solution Technologies Public Company Limited (SET:PSTC) for THB 0.06 million.

Price target lowered to ฿2.04

Power Solution Technologies Public Company Limited Announces Resignation of Pittyatorn Mruetusatorn as Independent Director and Audit Committee, Effective January 2, 2021

New 90-day high: ฿1.91

Third quarter 2020 earnings released: EPS ฿0.007

Power Solution Technologies Public Company Limited Announces Board Changes

Power Solution Technologies Public Company Limited Announces Board Changes

Power Solution Technologies Public Company Limited Announces Executive Changes

New 90-day high: ฿1.81

Woodwork Energy Co., Ltd. and Sahakij Klaeng Company Limited agreed to acquire Bio Green Energy 1 Company Limited from Power Solution Technologies Public Company Limited (SET:PSTC) for THB 8.5 million.

Analysts update estimates

First half earnings released

New 90-day low - ฿1.72

Revenue & Expenses Breakdown

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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