Thaire Life Assurance Past Earnings Performance

Past criteria checks 0/6

Thaire Life Assurance's earnings have been declining at an average annual rate of -27.2%, while the Insurance industry saw earnings growing at 12.7% annually. Revenues have been growing at an average rate of 9.3% per year.

Key information

-27.2%

Earnings growth rate

-27.2%

EPS growth rate

Insurance Industry Growth	13.6%
Revenue growth rate	9.3%
Return on equity	-2.4%
Net Margin	-0.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	3,656	-29	124
31 Mar 24	3,548	-10	120
31 Dec 23	3,380	62	117
30 Sep 23	3,206	60	113
30 Jun 23	3,094	60	111
31 Mar 23	3,005	68	108
31 Dec 22	2,987	153	108
30 Sep 22	2,938	153	106
30 Jun 22	2,944	144	103
31 Mar 22	2,961	141	100
31 Dec 21	2,795	98	93
30 Sep 21	2,654	135	92
30 Jun 21	2,479	152	93
31 Mar 21	2,338	121	90
31 Dec 20	2,331	121	93
30 Sep 20	2,329	89	92
30 Jun 20	2,346	120	89
31 Mar 20	2,332	163	92
31 Dec 19	2,389	194	92
30 Sep 19	2,386	194	91
30 Jun 19	2,448	200	91
31 Mar 19	2,446	245	91
31 Dec 18	2,426	253	85
30 Sep 18	2,446	305	86
30 Jun 18	2,346	361	83
31 Mar 18	2,271	386	78
31 Dec 17	2,186	436	76
30 Sep 17	2,191	408	66
30 Jun 17	2,125	341	62
31 Mar 17	2,090	328	59
31 Dec 16	2,058	322	58
30 Sep 16	1,930	382	59
30 Jun 16	1,940	390	58
31 Mar 16	1,893	376	58
31 Dec 15	1,892	389	55
30 Sep 15	1,903	403	49
30 Jun 15	1,822	388	46
31 Mar 15	1,788	386	42
31 Dec 14	1,704	372	39
30 Sep 14	1,611	330	42
30 Jun 14	1,579	400	39
31 Mar 14	1,518	384	37
31 Dec 13	1,465	383	35
30 Sep 13	1,391	348	35

Quality Earnings: THREL is currently unprofitable.

Growing Profit Margin: THREL is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: THREL is unprofitable, and losses have increased over the past 5 years at a rate of 27.2% per year.

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

Earnings vs Industry: THREL is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (6.3%).

Return on Equity

High ROE: THREL has a negative Return on Equity (-2.42%), as it is currently unprofitable.

Thaire Life Assurance Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.052 in 2Q 2023)

First quarter 2024 earnings released: ฿0.14 loss per share (vs ฿0.024 loss in 1Q 2023)

Full year 2023 earnings released: EPS: ฿0.10 (vs ฿0.25 in FY 2022)

Third quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.05 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.053 (vs ฿0.066 in 2Q 2022)

First quarter 2023 earnings released: ฿0.02 loss per share (vs ฿0.12 profit in 1Q 2022)

Recent updates

Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.052 in 2Q 2023)

Thaire Life Assurance Public Company Limited Announces Retirement of Sutti Rajitrangson as Chief Executive Officer

Thaire Life Assurance Public Company Limited Announces Retirement of Sutti Rajitrangson as Chief Executive Officer

First quarter 2024 earnings released: ฿0.14 loss per share (vs ฿0.024 loss in 1Q 2023)

Thaire Life Assurance Public Company Limited Approves Annual Dividend for the Year 2023, Payable on May 24, 2024

Insufficient new directors

Dividend of ฿0.07 announced

Thaire Life Assurance Public Company Limited Announces Board Changes

Full year 2023 earnings released: EPS: ฿0.10 (vs ฿0.25 in FY 2022)

Thaire Life Assurance Public Company Limited Proposes Cash Dividend for the Year 2023

Investor sentiment improves as stock rises 16%

Investor sentiment deteriorates as stock falls 18%

Now 26% undervalued after recent price drop

Investor sentiment deteriorates as stock falls 17%

Third quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.05 in 3Q 2022)

Investor sentiment deteriorates as stock falls 15%

Thaire Life Assurance Public Company Limited Announces Management Changes

Second quarter 2023 earnings released: EPS: ฿0.053 (vs ฿0.066 in 2Q 2022)

Thaire Life Assurance Public Company Limited Appoints Vipon Vorasowharid as Managing Director

Investor sentiment deteriorates as stock falls 16%

First quarter 2023 earnings released: ฿0.02 loss per share (vs ฿0.12 profit in 1Q 2022)

Investor sentiment improves as stock rises 16%

Full year 2022 earnings released: EPS: ฿0.26 (vs ฿0.16 in FY 2021)

Investor sentiment improves as stock rises 18%

Insufficient new directors

Thaire Life Assurance Public Company Limited Announces Cash Dividend for the Operating Period from 1 January 2022 to 30 June 2022, Payable on 5 September 2022

Second quarter 2022 earnings released: EPS: ฿0.07 (vs ฿0.062 in 2Q 2021)

Thaire Life Assurance Public Company Limited Approves Cash Interim Dividend For the Operating Period from January 01, 2022 to June 30, 2022

Insufficient new directors

First quarter 2022 earnings released: EPS: ฿0.12 (vs ฿0.047 in 1Q 2021)

Thaire Life Assurance Public Company Limited Appoints Oran Vongsuraphichet as Vice Chairman

Insufficient new directors

Investor sentiment improved over the past week

Thaire Life Assurance Public Company Limited, Annual General Meeting, Apr 22, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Thaire Life Assurance Public Company Limited Proposes Dividend for the Year 2021

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ฿0.03 (vs ฿0.063 in 3Q 2020)

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS ฿0.05 (vs ฿0.048 in 1Q 2020)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS ฿0.20 (vs ฿0.32 in FY 2019)

Thaire Life Assurance Public Company Limited Signs Collaboration Agreement with Pacific Life Re Limited, Singapore Branch

New 90-day high: ฿3.74

Thaire Life Assurance Public Company Limited, Annual General Meeting, Apr 23, 2021

New 90-day high: ฿3.44

Thaire Life Assurance Public Company Limited Announces Appointment of Director of Audit Committee

New 90-day high: ฿3.36

Market bids up stock over the past week

New 90-day high: ฿2.80

Third quarter 2020 earnings released: EPS ฿0.06

New 90-day high: ฿2.78

New 90-day high: ฿2.62

Thaire Life Assurance Public Company Limited Announces Resignation of Apirak Thaipatanagul, an Independent Director, Director of Audit Committee and Director of the Nominating and Remuneration Committee

First half earnings released

New 90-day low - ฿2.30

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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