Thai Group Holdings has been growing earnings at an average annual rate of 43%, while the Insurance industry saw earnings growing at 6.6% annually. Revenues have been declining at an average rate of 18% per year. Thai Group Holdings's return on equity is 11.8%, and it has net margins of 9.4%.
Key information
43.00%
Earnings growth rate
43.02%
EPS growth rate
Insurance Industry Growth
13.65%
Revenue growth rate
-18.01%
Return on equity
11.76%
Net Margin
9.41%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Thai Group Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
SET:TGH Revenue, expenses and earnings (THB Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
13,065
1,229
-56
0
31 Dec 25
12,736
1,072
0
0
30 Sep 25
12,905
999
60
0
30 Jun 25
12,168
600
60
0
31 Mar 25
11,568
364
60
0
31 Dec 24
10,674
506
0
0
30 Sep 24
13,717
504
661
0
30 Jun 24
14,771
229
1,184
0
31 Mar 24
16,115
216
1,695
0
31 Dec 23
17,855
55
2,207
0
30 Sep 23
17,934
41
2,277
0
30 Jun 23
18,253
165
2,198
0
31 Mar 23
18,744
98
2,238
0
31 Dec 22
19,859
1,485
2,473
0
30 Sep 22
20,742
-1,392
2,353
0
30 Jun 22
22,491
-2,088
2,507
0
31 Mar 22
25,634
-2,091
2,493
0
31 Dec 21
26,531
-3,260
2,345
0
30 Sep 21
26,730
-127
2,493
0
30 Jun 21
25,543
625
2,418
0
31 Mar 21
24,297
1,175
2,492
0
31 Dec 20
23,364
728
2,451
0
30 Sep 20
21,539
-348
2,351
0
30 Jun 20
22,149
-116
2,382
0
31 Mar 20
23,777
128
2,477
0
31 Dec 19
24,163
303
2,430
0
30 Sep 19
27,651
1,780
2,518
0
30 Jun 19
28,559
1,282
2,761
0
31 Mar 19
26,812
630
2,499
0
31 Dec 18
29,822
1,039
2,580
0
31 Dec 17
23,806
1,023
2,448
0
31 Dec 16
18,295
1,246
3,130
0
Quality Earnings: TGH has high quality earnings.
Growing Profit Margin: TGH's current net profit margins (9.4%) are higher than last year (3.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TGH's earnings have grown significantly by 43% per year over the past 5 years.
Accelerating Growth: TGH's earnings growth over the past year (237.4%) exceeds its 5-year average (43% per year).
Earnings vs Industry: TGH earnings growth over the past year (237.4%) exceeded the Insurance industry 0.8%.
Return on Equity
High ROE: TGH's Return on Equity (11.8%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/07/26 23:38
End of Day Share Price
2026/07/23 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Thai Group Holdings Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.