PTT Global Chemical Past Earnings Performance

Past criteria checks 0/6

PTT Global Chemical's earnings have been declining at an average annual rate of -25.6%, while the Chemicals industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 13.7% per year.

Key information

-25.6%

Earnings growth rate

-25.5%

EPS growth rate

Chemicals Industry Growth	8.0%
Revenue growth rate	13.7%
Return on equity	-5.0%
Net Margin	-2.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How PTT Global Chemical makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:PTTGC Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	639,115	-12,991	36,313
30 Jun 24	650,162	7,748	35,486
31 Mar 24	629,727	311	34,175
31 Dec 23	621,631	999	34,042
30 Sep 23	584,216	-3,404	34,792
30 Jun 23	605,679	-18,235	35,476
31 Mar 23	655,333	-11,266	36,065
31 Dec 22	683,954	-8,752	37,245
30 Sep 22	697,972	-6,183	36,030
30 Jun 22	628,020	14,227	31,700
31 Mar 22	543,045	37,884	27,424
31 Dec 21	468,953	44,982	21,727
30 Sep 21	416,854	48,139	17,886
30 Jun 21	380,812	42,043	16,416
31 Mar 21	338,161	18,679	15,266
31 Dec 20	329,291	200	14,881
30 Sep 20	326,695	-5,831	15,033
30 Jun 20	355,505	-4,076	15,544
31 Mar 20	393,039	-3,545	16,417
31 Dec 19	412,810	11,682	16,469
30 Sep 19	456,763	15,370	16,198
30 Jun 19	488,338	25,499	15,928
31 Mar 19	510,526	34,124	15,137
31 Dec 18	518,655	40,069	14,744
30 Sep 18	508,509	45,567	14,686
30 Jun 18	476,320	42,729	14,502
31 Mar 18	449,996	38,504	14,269
31 Dec 17	439,921	39,298	14,197
30 Sep 17	431,217	39,484	13,766
30 Jun 17	418,136	35,755	13,227
31 Mar 17	385,682	34,076	13,279
31 Dec 16	355,524	25,602	12,678
30 Sep 16	341,565	20,548	12,085
30 Jun 16	343,768	15,529	11,912
31 Mar 16	384,827	19,578	11,374
31 Dec 15	403,440	20,502	11,424
30 Sep 15	428,665	11,032	11,670
30 Jun 15	476,137	17,483	11,742
31 Mar 15	512,327	14,682	11,745
31 Dec 14	554,695	15,372	11,802
30 Sep 14	588,174	27,435	12,061
30 Jun 14	588,548	29,386	13,257
31 Mar 14	553,118	27,385	13,798
31 Dec 13	552,881	33,140	14,025

Quality Earnings: PTTGC is currently unprofitable.

Growing Profit Margin: PTTGC is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PTTGC is unprofitable, and losses have increased over the past 5 years at a rate of 25.6% per year.

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

Earnings vs Industry: PTTGC is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (28.8%).

Return on Equity

High ROE: PTTGC has a negative Return on Equity (-4.96%), as it is currently unprofitable.

PTT Global Chemical Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Second quarter 2024 earnings released: EPS: ฿0.41 (vs ฿1.24 loss in 2Q 2023)

First quarter 2024 earnings released: ฿0.13 loss per share (vs ฿0.018 profit in 1Q 2023)

Full year 2023 earnings: EPS exceeds analyst expectations

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 45%

Consensus EPS estimates fall by 27%, revenue upgraded

PTT Global Chemical Public Company Limited Announces Resignation of Noppadol Pinsupa, Director and Director to the Risk Management Committe, Effective from October 1, 2024

PTT Global Chemical Public Company Limited Announces Management Changes

PTT Global Chemical Public Company Limited Appoints Nivadee Jaroensitipun as a Director

PTT Global Chemical Public Company Limited Announces Resignation of Cherdchai Boonchoochauy as Director and Director to the Risk Management Committee, Effective from August 19, 2024

Price target decreased by 10% to ฿31.57

Second quarter 2024 earnings released: EPS: ฿0.41 (vs ฿1.24 loss in 2Q 2023)

Consensus EPS estimates fall by 17%

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

First quarter 2024 earnings released: ฿0.13 loss per share (vs ฿0.018 profit in 1Q 2023)

PTT Global Chemical Public Company Limited Announces Committee Changes

Now 20% undervalued

Now 20% undervalued

Consensus revenue estimates increase by 59%

Consensus EPS estimates fall by 19%, revenue upgraded

Upcoming dividend of ฿0.75 per share

Dividend of ฿0.75 announced

PTT Global Chemical Public Company Limited, Annual General Meeting, Apr 09, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

PTT Global Chemical Public Company Limited Proposes Dividend for the Year 2023, Payable on April 24, 2024

PTT Global Chemical Public Company Limited Announces Board Changes

PTT Global Chemical Public Company Limited Announces Resignation of Sarawut Kaewtathip, Director and Director to the Risk Management Committee

Wha Venture Holding Company Limited greed to acquire 50% stake in GC Logistics Solutions Company Limited from PTT Global Chemical Public Company Limited (SET:PTTGC).

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Ptt Global Chemical Public Company Limited Approves Executive Changes, Effective November 15, 2023

Price target decreased by 7.9% to ฿38.44

PTT Global Chemical Public Company Limited Approves Board Changes

Ptt Global Chemical Public Company Limited Announces Resignation of Watanan Petersik, Independent Director, Director to the Audit Committee, and Director to the Corporate Governance and Sustainability Committee

PTT Global Chemical Public Company Limited Announces the Resignation of Mr. Apisak Tantivorawong as Independent Director and Chairman of the Audit Committee

PTT Global Chemical Public Company Limited Omits to Pay Interim Dividend for the First Six Months Period of 2023 from January 1, 2023 to June 30, 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

PTT Global Chemical Public Company Limited Announces Retirement of Piyasvasti Amranand as Independent Director, Chairman and Chairman of the Independent Director

PTT Global Chemical Public Company Limited Announces Board Changes

Price target decreased by 7.1% to ฿49.09

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of ฿0.25 per share at 1.0% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

PTT Global Chemical Public Company Limited Announces Board Changes

PTT Global Chemical Public Company Limited Announces Appointment of Directors and Sub-Committee Members

PTT Global Chemical Public Company Limited Announces Resignation of Disathat Panyarachun as Director and Director to the Risk Management Committee

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

PTT Global Chemical Public Company Limited Announces Board Changes

Consensus forecasts updated

PTT Global Chemical Public Company Limited Announces Resignation of Noppadol Pinsupa as Director and Director to the Corporate Governance and Sustainability Committee, Effective from September 30, 2022

Upcoming dividend of ฿0.75 per share

PTT Global Chemical Public Company Limited Announces Interim Dividend, Payable on September 21, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

PTT Global Chemical Public Company Limited Announces Board Appointment

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

PTT Global Chemical Public Company Limited Announces Board Changes

Upcoming dividend of ฿1.75 per share

PTT Global Chemical Public Company Limited, Annual General Meeting, Apr 04, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Consensus forecasts updated

Third quarter 2021 earnings released: EPS ฿1.56 (vs ฿0.20 in 3Q 2020)

Director Arawadee Photisaro has left the company

Director Wittawat Svasti-Xuto has left the company

Upcoming dividend of ฿2.00 per share

Consensus forecasts updated

Second quarter 2021 earnings released: EPS ฿5.58 (vs ฿0.37 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿2.16 (vs ฿1.96 loss in 1Q 2020)

Consensus forecasts updated

Consensus forecasts updated

PTT Global Chemical Public Company Limited (SET:PTTGC) made a tender offer to acquire an additional 16.24% stake in Vinythai Public Company Limited (SET:VNT) from a group of shareholders for THB 7.5 billion.

Consensus forecasts updated