Ananda Development Past Earnings Performance

Past criteria checks 0/6

Ananda Development's earnings have been declining at an average annual rate of -67.8%, while the Real Estate industry saw earnings growing at 8.6% annually. Revenues have been declining at an average rate of 22.5% per year.

Key information

-67.8%

Earnings growth rate

-67.2%

EPS growth rate

Real Estate Industry Growth	8.4%
Revenue growth rate	-22.5%
Return on equity	-5.3%
Net Margin	-19.0%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

SET:ANAN Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	4,789	-908	1,951
31 Dec 23	3,414	-1,163	1,834
30 Sep 23	2,856	-937	1,737
30 Jun 23	2,834	-433	1,693
31 Mar 23	3,065	-385	1,651
31 Dec 22	3,112	-660	1,584
30 Sep 22	3,494	-917	1,416
30 Jun 22	3,349	-1,166	1,323
31 Mar 22	3,602	-1,134	1,330
31 Dec 21	3,771	-885	1,388
30 Sep 21	3,999	-600	1,516
30 Jun 21	4,469	-19	1,609
31 Mar 21	4,373	24	1,706
31 Dec 20	4,495	405	1,782
30 Sep 20	4,215	795	1,755
30 Jun 20	5,644	702	2,101
31 Mar 20	6,587	775	2,193
31 Dec 19	7,225	669	2,435
30 Sep 19	8,657	923	2,980
30 Jun 19	8,673	1,719	3,017
31 Mar 19	9,088	2,234	3,095
31 Dec 18	10,107	2,180	3,085
30 Sep 18	11,704	2,271	2,802
30 Jun 18	11,794	1,433	2,661
31 Mar 18	13,118	1,129	2,712
31 Dec 17	12,575	1,135	2,570
30 Sep 17	12,168	1,276	2,607
30 Jun 17	12,409	1,401	2,526
31 Mar 17	11,576	1,355	2,433
31 Dec 16	11,928	1,386	2,505
30 Sep 16	13,692	1,428	2,483
30 Jun 16	13,425	1,366	2,524
31 Mar 16	12,107	1,255	2,380
31 Dec 15	10,951	1,198	2,152
30 Sep 15	9,781	945	2,179
30 Jun 15	9,148	1,018	1,986
31 Mar 15	10,138	1,264	2,028
31 Dec 14	10,548	1,301	2,059
30 Sep 14	12,410	1,653	2,231
30 Jun 14	11,519	1,332	2,273
31 Mar 14	9,948	917	2,230
31 Dec 13	9,202	812	2,136
30 Sep 13	4,447	-132	1,536
30 Jun 13	4,878	-70	1,443

Quality Earnings: ANAN is currently unprofitable.

Growing Profit Margin: ANAN is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ANAN is unprofitable, and losses have increased over the past 5 years at a rate of 67.8% per year.

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

Earnings vs Industry: ANAN is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-17.8%).

Return on Equity

High ROE: ANAN has a negative Return on Equity (-5.31%), as it is currently unprofitable.

Ananda Development Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.03 loss in 1Q 2023)

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2023 earnings released: ฿0.15 loss per share (vs ฿0.026 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.037 loss per share (vs ฿0.031 loss in 2Q 2022)

First quarter 2023 earnings released: ฿0.03 loss per share (vs ฿0.09 loss in 1Q 2022)

Full year 2022 earnings released: ฿0.16 loss per share (vs ฿0.26 loss in FY 2021)

Recent updates

Price target increased by 9.1% to ฿0.72

Forecast to breakeven in 2026

First quarter 2024 earnings released: EPS: ฿0.03 (vs ฿0.03 loss in 1Q 2023)

Forecast to breakeven in 2026

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Ananda Development Public Company Limited, Annual General Meeting, Apr 25, 2024

Price target decreased by 18% to ฿0.89

Third quarter 2023 earnings released: ฿0.15 loss per share (vs ฿0.026 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.037 loss per share (vs ฿0.031 loss in 2Q 2022)

New minor risk - Market cap size

Consensus revenue estimates fall by 10%

Price target decreased by 18% to ฿1.07

New minor risk - Share price stability

New minor risk - Market cap size

First quarter 2023 earnings released: ฿0.03 loss per share (vs ฿0.09 loss in 1Q 2022)

Consensus EPS estimates fall by 47%

Full year 2022 earnings released: ฿0.16 loss per share (vs ฿0.26 loss in FY 2021)

GREEN ZONE DEVELOPMENT LIMITED signed memorandum of understanding to acquire GREEN ZONE DEVELOPMENT LIMITED from Ananda Development Public Company Limited (SET:ANAN) for THB 2.6 billion.

Consensus EPS estimates have been downgraded.

Ananda Development Public Company Limited Announces Executive Changes

Less than half of directors are independent

Price target increased to ฿1.10

Price target increased to ฿1.23

Ananda Development Public Company Limited Announces Board Changes

Second quarter 2022 earnings released: ฿0.029 loss per share (vs ฿0.029 loss in 2Q 2021)

Ananda Development Public Company Limited Announces Resignation of Nopporn Thepsithar as Independent Director, Audit Committee Member, Risk Management Committee Member, Nomination and Remuneration Committee Member, and Good Corporate Governance Committee Member

Price target increased to ฿1.20

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Ananda Development Public Company Limited, Annual General Meeting, Apr 26, 2022

Price target decreased to ฿1.05

Price target decreased to ฿1.08

Third quarter 2021 earnings released: ฿0.11 loss per share (vs ฿0.067 profit in 3Q 2020)

Price target decreased to ฿1.16

Price target decreased to ฿1.09

Second quarter 2021 earnings released: ฿0.029 loss per share (vs ฿0.017 loss in 2Q 2020)

Price target increased to ฿1.45

First quarter 2021 earnings released: ฿0.04 loss per share (vs ฿0.015 profit in 1Q 2020)

Ananda Development Public Company Limited Announces Resignation of Chunnahacha Chaiyuth as Chief Financial Officer

Chief Financial Officer has left the company

Ananda Development Public Company Limited, Annual General Meeting, Apr 28, 2021

Price target raised to ฿1.29

Ananda Development Public Company Limited (SET:ANAN) agreed to acquire an additional 48.99% stake in Ananda MF Asia Ratchathewi Co., Ltd from SEA Investment Five Pte. Ltd. for approximately THB 290 million.

New 90-day high: ฿1.81

BTS Group Holdings Public Company Limited (SET:BTS) acquired 7.5% stake in Ananda Development Public Company Limited (SET:ANAN) from Chanond Ruangkritya for approximately THB 330 million.

New 90-day high: ฿1.57

Third quarter 2020 earnings released: EPS ฿0.06

Revenue beats expectations, earnings disappoint

Ananda Development Public Company Limited Announces Establishment of Subsidiary, Exponential Social Enterprise Co., Ltd.; Announces Directors of the New Subsidiary

New 90-day low: ฿1.34

Ananda Development Public Company Limited(SET:ANAN) dropped from S&P Global BMI Index

New 90-day low - ฿1.43

Price target lowered to ฿1.25

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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