Dimet (Siam) (SET:DIMET) - Stock Price, News & Analysis

DIMET Stock Overview

Engages in the manufacturing and sale of varnishes and related coatings in Thailand.

DIMET fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Earnings have grown 1.6% per year over the past 5 years

Risk Analysis

Has less than 1 year of cash runway

Does not have a meaningful market cap (THB634M)

Volatile share price over the past 3 months

Does not have meaningful revenue (THB118M)

Dimet (Siam) Public Company Limited Competitors

Salee Colour

SET:COLOR

฿706.8m

Applied DB

SET:ADB

฿697.0m

Peerapat Technology

SET:PRAPAT

฿583.4m

Delta Paint

SET:DPAINT

฿506.0m

Price History & Performance

Summary of all time highs, changes and price drops for Dimet (Siam)
Historical stock prices
Current Share Price	฿0.26
52 Week High	฿0.32
52 Week Low	฿0.16
Beta	-0.67
11 Month Change	18.18%
3 Month Change	30.00%
1 Year Change	18.18%
33 Year Change	-58.73%
5 Year Change	-42.22%
Change since IPO	-84.05%

Recent updates

Shareholder Returns

	DIMET	TH Chemicals	TH Market
7D	-3.7%	2.7%	-0.1%
1Y	18.2%	-10.8%	-1.8%

Return vs Industry: DIMET exceeded the TH Chemicals industry which returned -10.8% over the past year.

Return vs Market: DIMET exceeded the TH Market which returned -1.8% over the past year.

Price Volatility

Is DIMET's price volatile compared to industry and market?
DIMET volatility
DIMET Average Weekly Movement	9.3%
Chemicals Industry Average Movement	6.3%
Market Average Movement	5.2%
10% most volatile stocks in TH Market	11.3%
10% least volatile stocks in TH Market	2.7%

Stable Share Price: DIMET's share price has been volatile over the past 3 months.

Volatility Over Time: DIMET's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1982	n/a	Ho-Chih Huang	www.dimetsiam.com

Dimet (Siam) Public Company Limited, together with its subsidiaries, engages in the manufacturing and sale of varnishes and related coatings in Thailand. The company operates through five segments: Manufacturing and Distribution of Paints, Provision of Construction Service, Sale of Construction Materials, Provision of Maintenance Services, and Others. It is involved in the manufacturing and sale of surface coatings and wood oil products; and wholesale of general products.

Dimet (Siam) Public Company Limited Fundamentals Summary

How do Dimet (Siam)'s earnings and revenue compare to its market cap?
DIMET fundamental statistics
Market cap	฿633.91m
Earnings (TTM)	-฿66.01m
Revenue (TTM)	฿118.03m

5.4x

P/S Ratio

-9.6x

P/E Ratio

Is DIMET overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DIMET income statement (TTM)
Revenue	฿118.03m
Cost of Revenue	฿106.07m
Gross Profit	฿11.96m
Other Expenses	฿77.97m
Earnings	-฿66.01m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.027
Gross Margin	10.13%
Net Profit Margin	-55.93%
Debt/Equity Ratio	10.2%

How did DIMET perform over the long term?

See historical performance and comparison

DIMET Stock Overview

Rewards

Risk Analysis

Dimet (Siam) Public Company Limited Competitors

SET:COLOR

฿706.8m

SET:ADB

฿697.0m

SET:PRAPAT

฿583.4m

SET:DPAINT

฿506.0m

Price History & Performance

Recent News & Updates

Dimet (Siam) Public Company Limited Approves the Appointment of Directors

Second quarter 2024 earnings released: ฿0.005 loss per share (vs ฿0.007 loss in 2Q 2023)

First quarter 2024 earnings released: ฿0.002 loss per share (vs ฿0.01 loss in 1Q 2023)

Full year 2023 earnings released: ฿0.04 loss per share (vs ฿0.065 loss in FY 2022)

Dimet (Siam) Public Company Limited, Annual General Meeting, Apr 10, 2024

Dimet (Siam) Public Company Limited Announces the Appointment of Chuthamas Chittithaworn as Company Secretary

Recent updates

Dimet (Siam) Public Company Limited Approves the Appointment of Directors

Second quarter 2024 earnings released: ฿0.005 loss per share (vs ฿0.007 loss in 2Q 2023)

First quarter 2024 earnings released: ฿0.002 loss per share (vs ฿0.01 loss in 1Q 2023)

Full year 2023 earnings released: ฿0.04 loss per share (vs ฿0.065 loss in FY 2022)

Dimet (Siam) Public Company Limited, Annual General Meeting, Apr 10, 2024

Dimet (Siam) Public Company Limited Announces the Appointment of Chuthamas Chittithaworn as Company Secretary

Dimet (Siam) Public Company Limited Announces Resignation of Anya Thaworanun as Company Secretary

Dimet (Siam) Public Company Limited Announces Changing of CFO

Third quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.037 loss in 3Q 2022)

Dimet (Siam) Public Company Limited Announces Executive Changes, Effective 17 October 2023

Dimet (Siam) Public Company Limited Announces Management Changes, Effective from October 9, 2023 Onwards

Dimet (Siam) Public Company Limited Announces CEO Changes

Dimet (Siam) Public Company Limited Announces Resignation of Adis Ngamchitsuksri as Director, Effective from September 15, 2023

Second quarter 2023 earnings released: ฿0.007 loss per share (vs ฿0.013 loss in 2Q 2022)

New major risk - Share price stability

Dimet (Siam) Public Company Limited Appoints Nadith Rodpetch as Independent Director, Member of the Audit Committee, and Chairman of the Audit Committee

Dimet (Siam) Public Company Limited Appoints Pichai Chainarongloka as Director

Dimet (Siam) Public Company Limited Disapproves Re-Election of Directors

First quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.003 profit in 1Q 2022)

Full year 2022 earnings released: ฿0.065 loss per share (vs ฿0.048 loss in FY 2021)

Third quarter 2022 earnings released: ฿0.037 loss per share (vs ฿0.008 loss in 3Q 2021)

Less than half of directors are independent

Gold Plan Development Company Limited agreed to acquire 99.9995% stake in IGEN Energy Co., Ltd. from Dimet (Siam) Public Company Limited (SET:DIMET) for THB 0.8 million.

Second quarter 2022 earnings released: ฿0.015 loss per share (vs ฿0.005 loss in 2Q 2021)

Dimet (Siam) Public Company Limited Replaces Nutthee Tanontitiput with Pattaraphan Kanidhi as Chief Accountant with Effect from May 30, 2022

First quarter 2022 earnings released: EPS: ฿0.003 (vs ฿0.012 loss in 1Q 2021)

Less than half of directors are independent

Dimet (Siam) Public Company Limited Announces Management Changes

Dimet (Siam) Public Company Limited Announces Resignation of Noppadol Kanjanatawewat as CFO

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

Dimet (Siam) Public Company Limited Announces Resignation of Narongchai Wongthanavimok as Independent Director and Chairman of Audit Committee

Third quarter 2021 earnings released: ฿0.008 loss per share (vs ฿0.034 loss in 3Q 2020)

Independent Director Krissada Surawathanawises has left the company

Director Suwanna Maketohoonek has left the company

Director Suwanna Maketohoonek has left the company

Independent Director Krissada Surawathanawises has left the company

Corporate Secretary & Director Matee Ittirivichai has left the company

Director Laphassarin Kraiwongwanitrung has left the company

Independent Director Wanna Maluengnon has left the company

Independent Chairman of the Board Somchai Apiwattanapron has left the company

2nd Vice Chairman of the Board Charlie Jangvijitkul has left the company

First quarter 2021 earnings released: ฿0.012 loss per share (vs ฿0.013 loss in 1Q 2020)

Dimet (Siam) Public Company Limited Announces Resignation of Laphassarin Kraiwongwanitrung as Director (Accounting & Finance)

Second quarter 2021 earnings released: ฿0.027 loss per share (vs ฿0.02 loss in 2Q 2020)

First quarter 2021 earnings released: ฿0.034 loss per share

Dimet (Siam) Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 107.674904 million.

Dimet (Siam) Public Company Limited Proposes to Amend Article of Association

Dimet (Siam) Public Company Limited Announces Board Changes

Full year earnings released - ฿0.16 loss per share

New 90-day low - ฿0.31

Dimet (Siam) Public Company Limited (SET:DIMET) completed the acquisition of 99.9% stake in IGEN Energy Co., Ltd from IGEN Engineering Co., Ltd. and others.