Qualitech Past Earnings Performance

Past criteria checks 0/6

Qualitech's earnings have been declining at an average annual rate of -62.1%, while the Energy Services industry saw earnings growing at 20.7% annually. Revenues have been declining at an average rate of 0.2% per year.

Key information

-62.1%

Earnings growth rate

-62.1%

EPS growth rate

Energy Services Industry Growth	23.3%
Revenue growth rate	-0.2%
Return on equity	-4.3%
Net Margin	-2.7%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SET:QLT Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	456	-12	134
30 Jun 24	446	-10	125
31 Mar 24	421	-139	250
31 Dec 23	428	-141	256
30 Sep 23	437	-151	274
30 Jun 23	458	-131	267
31 Mar 23	468	12	126
31 Dec 22	455	18	111
30 Sep 22	425	41	81
30 Jun 22	408	33	75
31 Mar 22	394	11	80
31 Dec 21	390	7	79
30 Sep 21	401	23	75
30 Jun 21	396	17	75
31 Mar 21	399	22	73
31 Dec 20	422	31	77
30 Sep 20	448	30	80
30 Jun 20	473	48	78
31 Mar 20	492	56	77
31 Dec 19	470	51	71
30 Sep 19	422	39	67
30 Jun 19	379	19	67
31 Mar 19	363	12	67
31 Dec 18	365	11	67
30 Sep 18	352	2	66
30 Jun 18	362	13	63
31 Mar 18	353	9	63
31 Dec 17	385	20	67
30 Sep 17	397	13	69
30 Jun 17	428	29	74
31 Mar 17	459	44	77
31 Dec 16	446	45	75
30 Sep 16	476	73	73
30 Jun 16	476	70	70
31 Mar 16	490	85	70
31 Dec 15	508	105	70
30 Sep 15	521	116	68
30 Jun 15	527	119	66
31 Mar 15	506	109	63
31 Dec 14	501	105	60
30 Sep 14	469	93	59
30 Jun 14	438	90	56
31 Mar 14	430	96	52
31 Dec 13	397	84	50

Quality Earnings: QLT is currently unprofitable.

Growing Profit Margin: QLT is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: QLT is unprofitable, and losses have increased over the past 5 years at a rate of 62.1% per year.

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

Earnings vs Industry: QLT is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (22.5%).

Return on Equity

High ROE: QLT has a negative Return on Equity (-4.32%), as it is currently unprofitable.

Qualitech Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Second quarter 2024 earnings released: EPS: ฿0.041 (vs ฿1.27 loss in 2Q 2023)

First quarter 2024 earnings released: ฿0.014 loss per share (vs ฿0.034 loss in 1Q 2023)

Full year 2023 earnings released: ฿1.43 loss per share (vs ฿0.18 profit in FY 2022)

Third quarter 2023 earnings released: ฿0.07 loss per share (vs ฿0.13 profit in 3Q 2022)

Second quarter 2023 earnings released: ฿1.27 loss per share (vs ฿0.18 profit in 2Q 2022)

First quarter 2023 earnings released: ฿0.034 loss per share (vs ฿0.028 profit in 1Q 2022)

Recent updates

Second quarter 2024 earnings released: EPS: ฿0.041 (vs ฿1.27 loss in 2Q 2023)

Qualitech Public Company Limited Announces Resignation of Thatchaphong Thamputthipong as Independent Director, Effective from June 30, 2024

First quarter 2024 earnings released: ฿0.014 loss per share (vs ฿0.034 loss in 1Q 2023)

Qualitech Public Company Limited Approves Board Changes

Qualitech Public Company Limited Announces Resignation of Chanyapat Wiphatthannananthakul from the Independent Director, Audit Committee and Chairman of the Nomination and Remuneration Committee

Qualitech Public Company Limited Announces Chief Financial Officer Changes

Qualitech Public Company Limited Announces Resignation of Lersak Kancvalskul as Director, Independent Director, Audit Committee and Chairman of the Risk Management Committee

Full year 2023 earnings released: ฿1.43 loss per share (vs ฿0.18 profit in FY 2022)

Qualitech Public Company Limited, Annual General Meeting, Apr 10, 2024

Qualitech Public Company Limited Announces Executive Changes

Qualitech Public Company Limited Approves Board and Committee Changes

Qualitech Public Company Limited Approves Management Appointments

Third quarter 2023 earnings released: ฿0.07 loss per share (vs ฿0.13 profit in 3Q 2022)

Qualitech Public Company Limited Announces Board and Committee Changes

Qualitech Public Company Limited Announces Resignation of Pranya Sakiyalak as Director, Member of the Audit Committee, Chairman of the Nomination and Remuneration Committee and Independent Director

New major risk - Share price stability

Now 35% undervalued after recent price drop

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: ฿1.27 loss per share (vs ฿0.18 profit in 2Q 2022)

Investor sentiment improves as stock rises 18%

Qualitech Public Company Limited Announces Executive Changes

Qualitech Public Company Limited Announces Resignation of Pitak Pruitthisarikorn as Chairman of the Board of Directors and Independent Director

Qualitech Public Company Limited Announces Resignation of Nick Thanapoomikul as Co-Chief Executive Officer

Qualitech Public Company Limited Announces Resignation of Nick Thanapoomikul as Director, Member of the Executive Committee and Member of the Risk Management

First quarter 2023 earnings released: ฿0.034 loss per share (vs ฿0.028 profit in 1Q 2022)

Qualitech Public Company Limited Announces Resignation of Chonticha Chitraporn as Independent Director and Chairman of the Audit Committee

Third quarter 2022 earnings released: EPS: ฿0.13 (vs ฿0.054 in 3Q 2021)

Less than half of directors are independent

Qualitech Public Company Limited Announces Board Changes

Qualitech Public Company Limited Announces Resignation of Pol.Lt.Gen Sompong Chingduang as Company's Director

Qualitech Public Company Limited Announces Director Changes

Qualitech Public Company Limited Acknowledges Resignation of Vachara Tuntariyanond as Director

Second quarter 2022 earnings released: EPS: ฿0.18 (vs ฿0.043 loss in 2Q 2021)

Qualitech Public Company Limited (SET:QLT) agreed to acquire Property Aim Solutions Company Limited from SP Inter law and Consult Company Limited and TOS Holding Company Limited for THB 145 million.

Qualitech Public Company Limited Appoints Thitiwat Teerakulthanyaroj as Company Secretary

Qualitech Public Company Limited Announces Executive Changes

Qualitech Public Company Limited Announces Resignation of Komjak Rattakham from the Position of Company's Director and Secretary

Qualitech Public Company Limited Announces Resignation of Supachok Sirichantaradilok as Director

Investor sentiment improved over the past week

Qualitech Public Company Limited Appoints Thitiwat Teerakulthanyaroj as Chief Business Development Officer, Effective from June 1, 2022

Qualitech Public Company Limited Appoints Thitiwat Teerakulthanyaroj as Chief Business Development Officer, Effective from June 1, 2022

First quarter 2022 earnings released: EPS: ฿0.028 (vs ฿0.017 loss in 1Q 2021)

Qualitech Public Company Limited Board Changes

Less than half of directors are independent

Qualitech Public Company Appoints Somkiat Aramruangkul as Chief Executive Officer, Effective from April 1, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of ฿0.20 per share

Qualitech Public Company Limited, Annual General Meeting, Apr 05, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Third quarter 2021 earnings released: EPS ฿0.054 (vs ฿0.001 in 3Q 2020)

Second quarter 2021 earnings released: ฿0.043 loss per share (vs ฿0.002 profit in 2Q 2020)

First quarter 2021 earnings released: ฿0.017 loss per share (vs ฿0.083 profit in 1Q 2020)

New 90-day high: ฿4.64

Full year 2020 earnings released: EPS ฿0.32 (vs ฿0.52 in FY 2019)

Qualitech Public Company Limited, Annual General Meeting, Apr 08, 2021

New 90-day high: ฿4.52

Third quarter 2020 earnings released: EPS ฿0.001

New 90-day low: ฿3.94

New 90-day high - ฿4.30

New 90-day high - ฿4.24

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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