Thai Plaspac Past Earnings Performance

Past criteria checks 2/6

Thai Plaspac has been growing earnings at an average annual rate of 24.8%, while the Packaging industry saw earnings declining at 0.5% annually. Revenues have been growing at an average rate of 15.9% per year. Thai Plaspac's return on equity is 17.8%, and it has net margins of 6%.

Key information

24.8%

Earnings growth rate

22.6%

EPS growth rate

Packaging Industry Growth	0.6%
Revenue growth rate	15.9%
Return on equity	17.8%
Net Margin	6.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SET:TPAC-R Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	7,284	438	910
30 Jun 24	7,178	482	843
31 Mar 24	6,977	488	785
31 Dec 23	6,893	490	732
30 Sep 23	6,929	503	681
30 Jun 23	7,052	438	678
31 Mar 23	7,208	369	686
31 Dec 22	7,074	319	669
30 Sep 22	6,897	284	652
30 Jun 22	6,462	256	625
31 Mar 22	5,793	261	567
31 Dec 21	5,253	153	535
30 Sep 21	4,658	144	523
30 Jun 21	4,296	174	496
31 Mar 21	4,088	211	475
31 Dec 20	4,033	322	473
30 Sep 20	3,991	304	460
30 Jun 20	3,827	242	439
31 Mar 20	3,837	170	433
31 Dec 19	3,798	139	410
30 Sep 19	3,817	76	422
30 Jun 19	3,636	38	432
31 Mar 19	3,130	75	381
31 Dec 18	2,544	31	333
30 Sep 18	1,954	70	251
30 Jun 18	1,668	127	182
31 Mar 18	1,624	101	171
31 Dec 17	1,597	107	161
30 Sep 17	1,602	121	152
30 Jun 17	1,568	105	146
31 Mar 17	1,546	102	143
31 Dec 16	1,534	105	140
30 Sep 16	1,528	97	133
30 Jun 16	1,543	99	129
31 Mar 16	1,564	97	126
31 Dec 15	1,596	104	124
30 Sep 15	1,634	102	122
30 Jun 15	1,673	98	122
31 Mar 15	1,693	103	122
31 Dec 14	1,686	93	120
30 Sep 14	1,646	95	117
30 Jun 14	1,623	110	115
31 Mar 14	1,600	115	114

Quality Earnings: TPAC-R has high quality earnings.

Growing Profit Margin: TPAC-R's current net profit margins (6%) are lower than last year (7.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TPAC-R's earnings have grown significantly by 24.8% per year over the past 5 years.

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

Earnings vs Industry: TPAC-R had negative earnings growth (-12.9%) over the past year, making it difficult to compare to the Packaging industry average (21.2%).

Return on Equity

High ROE: TPAC-R's Return on Equity (17.8%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/01 14:16
End of Day Share Price	2025/01/31 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thai Plaspac Public Company Limited is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Suppata Srisuk	Bualuang Securities PCL
null null	Finansia Syrus Securities Public Company Limited
Nat Panassutrakorn	KGI Securities Co. Ltd.