Thai Group Holdings Past Earnings Performance
Past criteria checks 1/6
Thai Group Holdings's earnings have been declining at an average annual rate of -33.8%, while the Insurance industry saw earnings growing at 13.1% annually. Revenues have been declining at an average rate of 8% per year. Thai Group Holdings's return on equity is 1.2%, and it has net margins of 0.3%.
Key information
-33.8%
Earnings growth rate
-33.9%
EPS growth rate
| Insurance Industry Growth | 13.6% |
| Revenue growth rate | -8.0% |
| Return on equity | 1.2% |
| Net Margin | 0.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Thai Group Holdings 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 | 17,855 | 55 | 2,207 | 0 |
| 30 Sep 23 | 17,934 | 41 | 2,352 | 0 |
| 30 Jun 23 | 18,253 | 165 | 2,272 | 0 |
| 31 Mar 23 | 18,744 | 98 | 2,313 | 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 (0.3%) are lower than last year (7.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TGH's earnings have declined by 33.8% per year over the past 5 years.
Accelerating Growth: TGH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TGH had negative earnings growth (-96.3%) over the past year, making it difficult to compare to the Insurance industry average (-7.1%).
Return on Equity
High ROE: TGH's Return on Equity (1.2%) is considered low.