Thaire Life Assurance Public Company Limited

SET:THREL Stock Report

Market Cap: ฿1.3b

Thaire Life Assurance Past Earnings Performance

Past criteria checks 1/6

Thaire Life Assurance's earnings have been declining at an average annual rate of -21.1%, while the Insurance industry saw earnings growing at 13.1% annually. Revenues have been growing at an average rate of 7.4% per year. Thaire Life Assurance's return on equity is 4.5%, and it has net margins of 1.8%.

Key information

-21.1%

Earnings growth rate

-21.1%

EPS growth rate

Insurance Industry Growth13.6%
Revenue growth rate7.4%
Return on equity4.5%
Net Margin1.8%
Last Earnings Update31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Thaire Life Assurance makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SET:THREL Revenue, expenses and earnings (THB Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 233,380621170
30 Sep 233,206601130
30 Jun 233,094601110
31 Mar 233,005681080
31 Dec 222,9871531080
30 Sep 222,9381531060
30 Jun 222,9441441030
31 Mar 222,9611411000
31 Dec 212,79598930
30 Sep 212,654135920
30 Jun 212,479152930
31 Mar 212,338121900
31 Dec 202,331121930
30 Sep 202,32989920
30 Jun 202,346120890
31 Mar 202,332163920
31 Dec 192,389194920
30 Sep 192,386194910
30 Jun 192,448200910
31 Mar 192,446245910
31 Dec 182,426253850
30 Sep 182,446305860
30 Jun 182,346361830
31 Mar 182,271386780
31 Dec 172,186436760
30 Sep 172,191408660
30 Jun 172,125341620
31 Mar 172,090328590
31 Dec 162,058322580
30 Sep 161,930382590
30 Jun 161,940390580
31 Mar 161,893376580
31 Dec 151,892389550
30 Sep 151,903403490
30 Jun 151,822388460
31 Mar 151,788386420
31 Dec 141,704372390
30 Sep 141,611330420
30 Jun 141,579400390
31 Mar 141,518384370
31 Dec 131,465383350
30 Sep 131,391348350
30 Jun 131,250289330

Quality Earnings: THREL has high quality earnings.

Growing Profit Margin: THREL's current net profit margins (1.8%) are lower than last year (5.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: THREL's earnings have declined by 21.1% per year over the past 5 years.

Accelerating Growth: THREL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: THREL had negative earnings growth (-59.4%) over the past year, making it difficult to compare to the Insurance industry average (-7.1%).


Return on Equity

High ROE: THREL's Return on Equity (4.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.