NFC Past Earnings Performance

Past criteria checks 4/6

NFC has been growing earnings at an average annual rate of 48.3%, while the Chemicals industry saw earnings growing at 8.6% annually. Revenues have been growing at an average rate of 19.2% per year. NFC's return on equity is 12.8%, and it has net margins of 10%.

Key information

48.3%

Earnings growth rate

48.3%

EPS growth rate

Chemicals Industry Growth	8.0%
Revenue growth rate	19.2%
Return on equity	12.8%
Net Margin	10.0%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How NFC makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:NFC Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	1,803	181	107
30 Sep 23	1,750	126	111
30 Jun 23	2,185	148	104
31 Mar 23	2,500	160	118
31 Dec 22	2,746	150	124
30 Sep 22	2,643	423	156
30 Jun 22	2,200	380	169
31 Mar 22	1,840	353	167
31 Dec 21	1,364	353	167
30 Sep 21	1,029	26	146
30 Jun 21	822	27	145
31 Mar 21	666	15	161
31 Dec 20	719	-9	184
30 Sep 20	839	-14	194
30 Jun 20	939	-64	196
31 Mar 20	1,114	-54	193
31 Dec 19	1,182	-34	198
30 Sep 19	1,200	-42	203
30 Jun 19	1,224	15	212
31 Mar 19	1,194	30	215
31 Dec 18	1,180	51	204
30 Sep 18	1,178	187	204
30 Jun 18	1,179	195	197
31 Mar 18	1,115	196	192
31 Dec 17	1,101	215	191
30 Sep 17	1,050	52	188
30 Jun 17	1,017	93	195
31 Mar 17	1,032	419	178
31 Dec 16	1,024	397	161
30 Sep 16	1,217	722	122
30 Jun 16	1,225	677	93
31 Mar 16	1,199	131	75
31 Dec 15	1,161	80	52
30 Sep 15	975	-242	60
30 Jun 15	915	-290	44
31 Mar 15	863	-112	41
31 Dec 14	841	-104	37
30 Sep 14	793	-96	28
30 Jun 14	806	-82	28
31 Mar 14	820	-77	28
31 Dec 13	787	-77	29
30 Sep 13	746	-87	28
30 Jun 13	696	-99	29

Quality Earnings: NFC has high quality earnings.

Growing Profit Margin: NFC's current net profit margins (10%) are higher than last year (5.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NFC's earnings have grown significantly by 48.3% per year over the past 5 years.

Accelerating Growth: NFC's earnings growth over the past year (20.4%) is below its 5-year average (48.3% per year).

Earnings vs Industry: NFC earnings growth over the past year (20.4%) exceeded the Chemicals industry 10.4%.

NFC Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: ฿0.17 (vs ฿0.14 in FY 2022)

Third quarter 2023 earnings released: EPS: ฿0.023 (vs ฿0.043 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.017 (vs ฿0.028 in 2Q 2022)

Second quarter 2022 earnings released: EPS: ฿0.028 (vs ฿0.004 in 2Q 2021)

Full year 2021 earnings: Revenues in line with analyst expectations

Third quarter 2021 earnings released: EPS ฿0.009 (vs ฿0.005 in 3Q 2020)

Recent updates

Full year 2023 earnings released: EPS: ฿0.17 (vs ฿0.14 in FY 2022)

NFC Public Company Limited Proposes to Approve the Omission of Dividend Payment for the Period from 1 January 2023 to 31 December 2023

NFC Public Company Limited Proposes to Approve the Omission of Dividend Payment for the Period from 1 January 2023 to 31 December 2023

NFC Public Company Limited Appoints Vipapun Datnuntarat as Chief Accountant, Effective January 1, 2024

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: ฿0.023 (vs ฿0.043 in 3Q 2022)

New minor risk - Market cap size

Second quarter 2023 earnings released: EPS: ฿0.017 (vs ฿0.028 in 2Q 2022)

Upcoming dividend of ฿0.18 per share at 3.8% yield

Investor sentiment deteriorates as stock falls 16%

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

NFC Public Company Limited Announces Executive Changes

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: ฿0.028 (vs ฿0.004 in 2Q 2021)

NFC Public Company Limited Approves Appointment of Kurujit Nakornthap as Independent Director, Audit Committee, Nomination and Remuneration Committee, Effective September 1, 2022

Investor sentiment improved over the past week

NFC Public Company Limited Announces Resignation of Seri Wongmonta, Director, Audit Committee and Nomination and Remuneration Committee, Effective July 31, 2022

Investor sentiment deteriorated over the past week

NFC Public Company Limited Appoints Dudduen Boonsue as Chief Financial Officer, Effective 1 July 2022

Investor sentiment improved over the past week

NFC Public Company Limited Announces Executive Changes

Less than half of directors are independent

Full year 2021 earnings: Revenues in line with analyst expectations

Third quarter 2021 earnings released: EPS ฿0.009 (vs ฿0.005 in 3Q 2020)

Company Secretary & Office of the Board of Directors Department Manager Chaiyuth Promkird has left the company

Chief Operating Officer Pongpipat Pringsakul has left the company

NFC Public Company Limited Approves Omission of Dividend for the Year 2020

NFC Public Company Limited, Annual General Meeting, Apr 28, 2021

Full year 2020 earnings released: ฿0.008 loss per share (vs ฿0.032 loss in FY 2019)

New 90-day high: ฿1.83

Third quarter 2020 earnings released: EPS ฿0.005

New 90-day low: ฿1.40

Teerawat Wongchareonsin acquired 7.91% stake in NFC Public Company Limited from Pittayakorn Naothaworn.

New 90-day low - ฿1.52

First half earnings released

Revenue & Expenses BreakdownBeta

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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Revenue & Expenses Breakdown
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