Star Petroleum Refining Past Earnings Performance

Past criteria checks 0/6

Star Petroleum Refining has been growing earnings at an average annual rate of 32.2%, while the Oil and Gas industry saw earnings growing at 0.5% annually. Revenues have been growing at an average rate of 14% per year.

Key information

32.2%

Earnings growth rate

32.2%

EPS growth rate

Oil and Gas Industry Growth	16.1%
Revenue growth rate	14.0%
Return on equity	-7.0%
Net Margin	-1.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Star Petroleum Refining makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:SPRC Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	250,696	-2,516	1,050
30 Jun 24	253,115	3,945	1,022
31 Mar 24	242,691	1,494	980
31 Dec 23	238,284	-1,230	1,302
30 Sep 23	259,857	3,619	3,041
30 Jun 23	268,832	-5,652	2,599
31 Mar 23	286,078	3,608	2,097
31 Dec 22	285,264	7,674	2,791
30 Sep 22	272,361	9,268	2,358
30 Jun 22	237,408	14,408	2,245
31 Mar 22	200,945	8,025	2,194
31 Dec 21	172,484	4,746	749
30 Sep 21	152,390	3,754	846
30 Jun 21	143,445	3,909	825
31 Mar 21	127,731	4,274	891
31 Dec 20	130,163	-6,005	911
30 Sep 20	125,259	-9,842	1,729
30 Jun 20	137,317	-11,034	1,766
31 Mar 20	160,818	-12,772	1,672
31 Dec 19	168,840	-2,809	1,690
30 Sep 19	195,704	-3,715	711
30 Jun 19	203,447	-1,542	687
31 Mar 19	207,099	1,381	666
31 Dec 18	209,159	2,263	655
30 Sep 18	199,827	8,717	644
30 Jun 18	190,349	10,288	655
31 Mar 18	175,113	8,559	645
31 Dec 17	170,535	8,895	649
30 Sep 17	169,499	9,133	655
30 Jun 17	165,882	7,485	633
31 Mar 17	166,554	9,894	647
31 Dec 16	155,082	8,688	618
30 Sep 16	151,343	7,723	755
30 Jun 16	155,795	5,942	902
31 Mar 16	166,921	7,330	938
31 Dec 15	178,877	8,227	946
30 Sep 15	193,988	282	899
30 Jun 15	216,146	677	736
31 Mar 15	235,164	-2,592	674
31 Dec 14	229,325	-6,367	641
31 Dec 13	260,725	3,977	565

Quality Earnings: SPRC is currently unprofitable.

Growing Profit Margin: SPRC is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SPRC is unprofitable, but has reduced losses over the past 5 years at a rate of 32.2% per year.

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

Earnings vs Industry: SPRC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-2.4%).

Return on Equity

High ROE: SPRC has a negative Return on Equity (-6.95%), as it is currently unprofitable.

Star Petroleum Refining Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings: EPS misses analyst expectations

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2023 earnings released: EPS: ฿0.98 (vs ฿1.16 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.49 loss per share (vs ฿1.65 profit in 2Q 2022)

First quarter 2023 earnings: EPS exceeds analyst expectations

Recent updates

Third quarter 2024 earnings: EPS misses analyst expectations

Less than half of directors are independent

Star Petroleum Refining Public Company Limited Announces Dividend Payment for the Operating Period from January 1, 2024 to June 30, 2024, Payable September 11, 2024

New minor risk - Earnings quality

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Star Petroleum Refining Public Company Limited, Annual General Meeting, Apr 05, 2024

Consensus EPS estimates fall by 19%

Consensus EPS estimates fall by 14%

Consensus EPS estimates fall by 17%

Third quarter 2023 earnings released: EPS: ฿0.98 (vs ฿1.16 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.49 loss per share (vs ฿1.65 profit in 2Q 2022)

Star Petroleum Refining Public Company Limited Announces Executive Changes with Effect from August 9, 2023

Consensus EPS estimates fall by 35%, revenue upgraded

Star Petroleum Refining Public Company Limited Announces Executive Changes

Consensus EPS estimates fall by 12%, revenue upgraded

First quarter 2023 earnings: EPS exceeds analyst expectations

Less than half of directors are independent

Now 23% undervalued after recent price drop

Upcoming dividend of ฿0.15 per share at 10% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Star Petroleum Refining Public Company Limited agreed to acquire Retail Business of Chevron from Chevron Corporation for ¥1.2 billion.

vStar Petroleum Refining Public Company Limited (SET:SPRC) agreed to acquire Chevron Lubricants (Thailand) Company Limited from Chevron Asia Pacific Holdings Limited for THB 600 million.

Consensus EPS estimates fall by 24%

Less than half of directors are independent

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Star Petroleum Refining Public Company Limited Announces Resignation of Independent Director, Member of the Audit Committee, Member of the Nomination, Remuneration and Corporate Governance Committee, Effective from 1 September 2022 Onwards

Upcoming dividend of ฿0.96 per share

Star Petroleum Refining Public Company Limited Announces Interim Cash Dividend for the Period from 01 January 2022 to 30 June 2022, Payable on 8 September 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Consensus forecasts updated

Star Petroleum Refining Public Company Limited Announces Management Changes

Consensus forecasts updated

Consensus EPS estimates increase by 14%

Star Petroleum Refining Public Company Limited Appoints Ms. Kamonwan Wipulakorn as the Chairperson of Audit Committee

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

High number of new directors

Star Petroleum Refining Public Company Limited Announces Dividend, Payable on May 6, 2022

Consensus EPS estimates increase by 12%

Upcoming dividend of ฿0.18 per share

Star Petroleum Refining Public Company Limited, Annual General Meeting, Apr 08, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Star Petroleum Refining Public Company Limited Announces Change of Chief Accountant (Acting)

Third quarter 2021 earnings released: EPS ฿0.03 (vs ฿0.06 in 3Q 2020)

CEO & Director Timothy Potter has left the company

Second quarter 2021 earnings released: EPS ฿0.18 (vs ฿0.26 in 2Q 2020)

Consensus forecasts updated

First quarter 2021 earnings released: EPS ฿0.46 (vs ฿1.91 loss in 1Q 2020)

Director has left the company

New 90-day high: ฿9.85

Star Petroleum Refining Public Company Limited, Annual General Meeting, Apr 09, 2021

Full year 2020 earnings released: ฿1.38 loss per share (vs ฿0.65 loss in FY 2019)

Earnings beat expectations, revenue disappoints

Star Petroleum Refining Public Company Limited to Report Fiscal Year 2020 Results on Feb 22, 2021

New 90-day high: ฿9.55

New 90-day high: ฿8.85

New 90-day high: ฿7.30

Revenue beats expectations, earnings disappoint

Third quarter 2020 earnings released: EPS ฿0.062

Analysts lower EPS estimates to -฿0.86

New 90-day low: ฿5.35

Analysts increase EPS estimates to -฿0.60

Analysts update estimates

Analysts update estimates

New 90-day low - ฿6.15

First half earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History