Reported Earnings • May 15
First quarter 2026 earnings released: EPS: ฿0.01 (vs ฿0.012 in 1Q 2025) First quarter 2026 results: EPS: ฿0.01 (down from ฿0.012 in 1Q 2025). Revenue: ฿226.1m (down 7.2% from 1Q 2025). Net income: ฿3.68m (down 55% from 1Q 2025). Profit margin: 1.6% (down from 3.3% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 35% per year, which means it has not declined as severely as earnings. Board Change • Mar 29
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. Independent Director Khan Akaworawit was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Feb 21
Dividend reduced to ฿0.03 Dividend of ฿0.03 is 50% lower than last year. Ex-date: 4th March 2026 Payment date: 12th May 2026 Dividend yield will be 3.8%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio). However, it is well covered by cash flows (18% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has declined by 20% over the last 5 years so the company would need to reverse this trend. Announcement • Feb 20
Yong Concrete Public Company Limited announces Annual dividend, payable on May 12, 2026 Yong Concrete Public Company Limited announced Annual dividend of THB 0.0300 per share payable on May 12, 2026, ex-date on March 04, 2026 and record date on March 05, 2026. Reported Earnings • Feb 20
Full year 2025 earnings released: EPS: ฿0.03 (vs ฿0.089 in FY 2024) Full year 2025 results: EPS: ฿0.03 (down from ฿0.089 in FY 2024). Revenue: ฿976.1m (down 1.8% from FY 2024). Net income: ฿20.4m (down 66% from FY 2024). Profit margin: 2.1% (down from 6.1% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Announcement • Feb 19
Yong Concrete Public Company Limited, Annual General Meeting, Apr 29, 2026 Yong Concrete Public Company Limited, Annual General Meeting, Apr 29, 2026, at 13:30 SE Asia Standard Time. Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.014 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.01. Revenue: ฿254.0m (up 2.9% from 3Q 2024). Net income: ฿9.94m (up 1.0% from 3Q 2024). Profit margin: 3.9% (down from 4.0% in 3Q 2024). The decrease in margin was driven by higher expenses. Buy Or Sell Opportunity • Oct 09
Now 23% undervalued Over the last 90 days, the stock has risen 11% to ฿0.78. The fair value is estimated to be ฿1.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 26%. New Risk • Sep 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (187% payout ratio). Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (฿659.6m market cap, or US$20.4m). Buy Or Sell Opportunity • Sep 10
Now 22% undervalued Over the last 90 days, the stock has risen 7.9% to ฿0.82. The fair value is estimated to be ฿1.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 26%. Reported Earnings • May 11
First quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.045 in 1Q 2024) First quarter 2025 results: EPS: ฿0.01 (down from ฿0.045 in 1Q 2024). Revenue: ฿243.6m (down 18% from 1Q 2024). Net income: ฿8.09m (down 74% from 1Q 2024). Profit margin: 3.3% (down from 10% in 1Q 2024). The decrease in margin was driven by lower revenue. Announcement • Apr 08
Yong Concrete Public Company Limited Approves Dividend for the Year 2024, Payable on May 2, 2025 Yong Concrete Public Company Limited announced at the AGM held on April 8, 2025, approved not to appropriate its annual net profit for the year 2024 for legal reserve, due to the Company has legal reserve fully appropriated according to the Articles of Association of the Company, and approve the dividend payment to the shareholders at the rate of THB 0.06 per share with the total amount of THB 40,800,000 or equivalent to 76.80 % of the net profit. This will be processed to the shareholder on May 2, 2025, whose names are in the record as of March 5,2025 (Record Date) to identify shareholders with right to receive the dividend. New Risk • Apr 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (฿578.0m market cap, or US$16.6m). Buy Or Sell Opportunity • Apr 01
Now 24% undervalued The stock has been flat over the last 90 days, currently trading at ฿1.06. The fair value is estimated to be ฿1.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ฿1.13, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 9x in the Basic Materials industry in Thailand. Total loss to shareholders of 42% over the past year. New Risk • Feb 23
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (฿700.4m market cap, or US$20.9m). Announcement • Feb 19
Yong Concrete Public Company Limited, Annual General Meeting, Apr 08, 2025 Yong Concrete Public Company Limited, Annual General Meeting, Apr 08, 2025, at 13:30 SE Asia Standard Time. Location: yong concrete public company limited, bang len, branch no.456 moo.12 bangpasi sub-district, bang len, district, nakhon pathom, Thailand Reported Earnings • Feb 19
Full year 2024 earnings released: EPS: ฿0.09 (vs ฿0.19 in FY 2023) Full year 2024 results: EPS: ฿0.09. Revenue: ฿993.5b (up ฿992.3b from FY 2023). Net income: ฿60.6b (up ฿60.4b from FY 2023). Profit margin: 6.1% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Announcement • Feb 19
Yong Concrete Public Company Limited Proposes Cash Dividend for the Year Ending December 31, 2024, Payable on May 2, 2025 Yong Concrete Public Company Limited proposed to the Annual General Meeting of Shareholders to be held on April 8, 2025 for consideration and approval for cash dividend payment appropriated from the operating period from January 1, 2024 to December 31, 2024. The company has a net profit of THB 53,125,304, at the rate of THB 0.06 per share for registered common stock and paid-up ordinary shares, the dividend payment amount is THB 40,800,000. The company has a legal reserve of 10.00% of the registered and paid-up capital already. The Company will pay dividends for the year ended December 31, 2024 to the shareholders of the Company whose names appear in the shareholder register on the record date for shareholders who are entitled to receive dividends on March 5, 2025 and dividend payment to shareholders on May 2, 2025. However, The right to receive such dividend is still uncertain until it has been approved by the 2025 Annual General Meeting of Shareholders. Ex-dividend date March 4, 2025. Buy Or Sell Opportunity • Feb 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to ฿0.96. The fair value is estimated to be ฿1.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 8.8%. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ฿0.01 (vs ฿0.049 in 3Q 2023) Third quarter 2024 results: EPS: ฿0.01 (down from ฿0.049 in 3Q 2023). Revenue: ฿246.9m (down 18% from 3Q 2023). Net income: ฿9.85m (down 71% from 3Q 2023). Profit margin: 4.0% (down from 11% in 3Q 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ฿1.18, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 8x in the Basic Materials industry in Thailand. Total loss to shareholders of 47% over the past year. Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: ฿0.02 (vs ฿0.04 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.02 (down from ฿0.04 in 2Q 2023). Revenue: ฿234.2m (down 12% from 2Q 2023). Net income: ฿14.2m (down 47% from 2Q 2023). Profit margin: 6.0% (down from 10% in 2Q 2023). The decrease in margin was driven by lower revenue. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ฿1.66, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 10x in the Basic Materials industry in Thailand. Total loss to shareholders of 40% over the past year. Announcement • Apr 11
Yong Concrete Public Company Limited Approves Dividend for the Year 2023, Payable on May 7, 2024 Yong Concrete Public Company Limited amnnounced that at the AGM was held on April 10, 2024, the company approved dividend payment to the shareholders at the rate of THB 0.08 per share with the total amount of THB 54,400,000 or quivalent to 45.14 % of the net profit. This will be processed to the shareholder on May 7, 2024, whose names are n the record as of March 7,2024 (Record Date) to identify shareholders with right to receive the dividend. Announcement • Mar 13
Yong Concrete Public Company Limited, Annual General Meeting, Apr 10, 2024 Yong Concrete Public Company Limited, Annual General Meeting, Apr 10, 2024, at 13:30 SE Asia Standard Time. Upcoming Dividend • Feb 28
Upcoming dividend of ฿0.08 per share Eligible shareholders must have bought the stock before 06 March 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 5.6% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Thai dividend payers (6.4%). Higher than average of industry peers (3.3%). Reported Earnings • Feb 23
Full year 2023 earnings released: EPS: ฿0.19 (vs ฿0.17 in FY 2022) Full year 2023 results: EPS: ฿0.19 (up from ฿0.17 in FY 2022). Revenue: ฿1.14b (up 12% from FY 2022). Net income: ฿127.1m (up 26% from FY 2022). Profit margin: 11% (up from 10.0% in FY 2022). The increase in margin was driven by higher revenue. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: ฿0.05 (vs ฿0.037 in 3Q 2022) Third quarter 2023 results: EPS: ฿0.05 (up from ฿0.037 in 3Q 2022). Revenue: ฿302.1m (up 19% from 3Q 2022). Net income: ฿33.5m (up 45% from 3Q 2022). Profit margin: 11% (up from 9.1% in 3Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: ฿0.04 (vs ฿0.053 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.04. Revenue: ฿265.0m (up 11% from 2Q 2022). Net income: ฿26.9m (up 2.1% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Reported Earnings • May 14
First quarter 2023 earnings released: EPS: ฿0.04 (vs ฿0.039 in 1Q 2022) First quarter 2023 results: EPS: ฿0.04 (up from ฿0.039 in 1Q 2022). Revenue: ฿271.0m (up 14% from 1Q 2022). Net income: ฿29.1m (up 50% from 1Q 2022). Profit margin: 11% (up from 8.1% in 1Q 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ฿3.70, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 20x in the Basic Materials industry in Thailand. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ฿2.62, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 18x in the Basic Materials industry in Thailand. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ฿2.04, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 21x in the Basic Materials industry in Thailand. Buying Opportunity • Dec 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be ฿2.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 9.1%. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 04
Full year 2021 earnings released: EPS: ฿0.14 (vs ฿0.089 in FY 2020) Full year 2021 results: EPS: ฿0.14 (up from ฿0.089 in FY 2020). Revenue: ฿870.2m (up 8.9% from FY 2020). Net income: ฿68.9m (up 56% from FY 2020). Profit margin: 7.9% (up from 5.6% in FY 2020). The increase in margin was driven by higher revenue.