Thai Optical Group Past Earnings Performance
Past criteria checks 3/6
Thai Optical Group has been growing earnings at an average annual rate of 29.7%, while the Medical Equipment industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 11.7% per year. Thai Optical Group's return on equity is 19%, and it has net margins of 14.1%.
Key information
29.7%
Earnings growth rate
29.7%
EPS growth rate
| Medical Equipment Industry Growth | 12.3% |
| Revenue growth rate | 11.7% |
| Return on equity | 19.0% |
| Net Margin | 14.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Thai Optical Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,012 | 426 | 258 | 0 |
| 30 Sep 23 | 3,018 | 439 | 261 | 0 |
| 30 Jun 23 | 2,998 | 448 | 285 | 0 |
| 31 Mar 23 | 3,027 | 440 | 307 | 0 |
| 31 Dec 22 | 2,959 | 404 | 295 | 0 |
| 30 Sep 22 | 2,802 | 377 | 299 | 0 |
| 30 Jun 22 | 2,594 | 312 | 282 | 0 |
| 31 Mar 22 | 2,485 | 290 | 267 | 0 |
| 31 Dec 21 | 2,417 | 310 | 259 | 0 |
| 30 Sep 21 | 2,354 | 297 | 260 | 0 |
| 30 Jun 21 | 2,339 | 267 | 248 | 0 |
| 31 Mar 21 | 1,980 | 127 | 229 | 0 |
| 31 Dec 20 | 1,849 | 69 | 226 | 0 |
| 30 Sep 20 | 1,746 | 18 | 232 | 0 |
| 30 Jun 20 | 1,675 | 22 | 235 | 0 |
| 31 Mar 20 | 1,914 | 90 | 248 | 0 |
| 31 Dec 19 | 2,018 | 132 | 251 | 0 |
| 30 Sep 19 | 2,024 | 207 | 238 | 0 |
| 30 Jun 19 | 2,009 | 195 | 242 | 0 |
| 31 Mar 19 | 1,996 | 209 | 243 | 0 |
| 31 Dec 18 | 1,894 | 146 | 252 | 0 |
| 30 Sep 18 | 1,844 | 120 | 259 | 0 |
| 30 Jun 18 | 1,874 | 154 | 266 | 0 |
| 31 Mar 18 | 1,904 | 154 | 262 | 0 |
| 31 Dec 17 | 1,907 | 183 | 262 | 0 |
| 30 Sep 17 | 1,991 | 213 | 266 | 0 |
| 30 Jun 17 | 1,945 | 217 | 253 | 0 |
| 31 Mar 17 | 1,915 | 222 | 261 | 0 |
| 31 Dec 16 | 1,986 | 250 | 250 | 0 |
| 30 Sep 16 | 1,919 | 215 | 238 | 0 |
| 30 Jun 16 | 1,960 | 253 | 234 | 0 |
| 31 Mar 16 | 1,920 | 261 | 223 | 0 |
| 31 Dec 15 | 1,864 | 230 | 211 | 0 |
| 30 Sep 15 | 1,830 | 218 | 224 | 0 |
| 30 Jun 15 | 1,789 | 166 | 228 | 0 |
| 31 Mar 15 | 1,847 | 180 | 227 | 0 |
| 31 Dec 14 | 1,862 | 203 | 225 | 0 |
| 30 Sep 14 | 1,834 | 196 | 210 | 0 |
| 30 Jun 14 | 1,826 | 214 | 201 | 0 |
| 31 Mar 14 | 1,776 | 204 | 195 | 0 |
| 31 Dec 13 | 1,670 | 154 | 198 | 0 |
| 30 Sep 13 | 1,576 | 174 | 186 | 0 |
| 30 Jun 13 | 1,468 | 111 | 187 | 0 |
Quality Earnings: TOG has a high level of non-cash earnings.
Growing Profit Margin: TOG's current net profit margins (14.1%) are higher than last year (13.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TOG's earnings have grown significantly by 29.7% per year over the past 5 years.
Accelerating Growth: TOG's earnings growth over the past year (5.5%) is below its 5-year average (29.7% per year).
Earnings vs Industry: TOG earnings growth over the past year (5.5%) exceeded the Medical Equipment industry -1.7%.
Return on Equity
High ROE: TOG's Return on Equity (19%) is considered low.