Raimon Land Past Earnings Performance

Past criteria checks 0/6

Raimon Land's earnings have been declining at an average annual rate of -36%, while the Real Estate industry saw earnings growing at 8.1% annually. Revenues have been declining at an average rate of 43.7% per year.

Key information

-36.0%

Earnings growth rate

-36.3%

EPS growth rate

Real Estate Industry Growth	8.4%
Revenue growth rate	-43.7%
Return on equity	-30.9%
Net Margin	-511.1%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SET:RML Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	193	-988	730
31 Dec 23	205	-835	634
30 Sep 23	261	-489	450
30 Jun 23	290	-262	398
31 Mar 23	303	-299	479
31 Dec 22	345	-312	493
30 Sep 22	444	-812	616
30 Jun 22	561	-865	632
31 Mar 22	902	-707	588
31 Dec 21	2,405	-453	660
30 Sep 21	2,897	-68	706
30 Jun 21	4,084	-349	852
31 Mar 21	4,307	-443	852
31 Dec 20	3,132	-718	840
30 Sep 20	2,994	-771	856
30 Jun 20	2,209	-347	803
31 Mar 20	2,378	-157	886
31 Dec 19	3,417	79	960
30 Sep 19	4,282	315	1,024
30 Jun 19	4,016	208	974
31 Mar 19	4,027	185	926
31 Dec 18	3,091	18	872
30 Sep 18	2,095	-117	790
30 Jun 18	2,318	-28	781
31 Mar 18	2,407	24	768
31 Dec 17	2,963	193	754
30 Sep 17	3,933	347	738
30 Jun 17	4,430	486	808
31 Mar 17	5,096	714	862
31 Dec 16	5,202	851	856
30 Sep 16	4,794	921	833
30 Jun 16	4,841	912	806
31 Mar 16	4,704	825	799
31 Dec 15	5,144	901	830
30 Sep 15	5,116	768	970
30 Jun 15	6,095	974	1,041
31 Mar 15	6,608	1,175	1,042
31 Dec 14	6,644	1,225	1,042
30 Sep 14	6,916	1,364	1,024
30 Jun 14	6,156	1,172	974
31 Mar 14	5,961	967	990
31 Dec 13	5,760	746	976
30 Sep 13	6,706	742	952
30 Jun 13	7,382	835	965

Quality Earnings: RML is currently unprofitable.

Growing Profit Margin: RML is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RML is unprofitable, and losses have increased over the past 5 years at a rate of 36% per year.

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

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

Return on Equity

High ROE: RML has a negative Return on Equity (-30.87%), as it is currently unprofitable.

Raimon Land Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First quarter 2024 earnings released: ฿0.061 loss per share (vs ฿0.025 loss in 1Q 2023)

Full year 2023 earnings released: ฿0.20 loss per share (vs ฿0.075 loss in FY 2022)

Third quarter 2023 earnings released: ฿0.066 loss per share (vs ฿0.011 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.037 loss per share (vs ฿0.046 loss in 2Q 2022)

First quarter 2023 earnings released: ฿0.025 loss per share (vs ฿0.028 loss in 1Q 2022)

Second quarter 2022 earnings released: ฿0.046 loss per share (vs ฿0.008 loss in 2Q 2021)

Recent updates

New minor risk - Shareholder dilution

First quarter 2024 earnings released: ฿0.061 loss per share (vs ฿0.025 loss in 1Q 2023)

Raimon Land Public Company Limited Approves Board Changes

Raimon Land Public Company Limited Appoints Jenita Chobtuangtong as Independent Director and Audit Committee Member, Effective 3 May 2024

Raimon Land Public Company Limited Announces Resignation of Tan Swee Beng Kelvin as Independent Director and Audit Committee Member

Raimon Land Public Company Limited Announces CEO Changes, Effective April 1, 2024

Raimon Land Public Company Limited, Annual General Meeting, Apr 22, 2024

Full year 2023 earnings released: ฿0.20 loss per share (vs ฿0.075 loss in FY 2022)

Raimon Land Public Company Limited has filed a Follow-on Equity Offering in the amount of THB 1.05924 billion.

Raimon Land Public Company Limited Announces Director Changes

Less than half of directors are independent

New minor risk - Share price stability

Third quarter 2023 earnings released: ฿0.066 loss per share (vs ฿0.011 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.037 loss per share (vs ฿0.046 loss in 2Q 2022)

First quarter 2023 earnings released: ฿0.025 loss per share (vs ฿0.028 loss in 1Q 2022)

Raimon Land Public Company Limited Announces Change of CFO

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.046 loss per share (vs ฿0.008 loss in 2Q 2021)

First quarter 2022 earnings released

Less than half of directors are independent

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Raimon Land Public Company Limited, Annual General Meeting, Apr 29, 2022

Third quarter 2021 earnings released: ฿0.024 loss per share (vs ฿0.091 loss in 3Q 2020)

Second quarter 2021 earnings released: ฿0.008 loss per share (vs ฿0.031 loss in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.033 (vs ฿0.033 loss in 1Q 2020)

CFO, Company Secretary & Executive Director has left the company

Raimon Land Public Company Limited Announces Appointment of the New Directors

Raimon Land Public Company Limited, Annual General Meeting, Apr 30, 2021

Independent Director has left the company

Raimon Land Public Company Limited Announces Resignation of Kris Thirakaosal as Independent Director and Member of the Audit Committee

Independent Vice Chairman Rathian Srimongkol has left the company

Raimon Land Public Company Limited Announces Resignation of Rathian Srimongkol as Independent Director and Chairman of the Audit Committee

Full year 2020 earnings released: ฿0.17 loss per share (vs ฿0.019 profit in FY 2019)

New 90-day low: ฿0.59

Raimon Land Public Company Limited Approves Korn Narongdej as Chief Executive Officer, Effective from January 22, 2021

New 90-day high: ฿0.66

Third quarter 2020 earnings released: ฿0.091 loss per share

New 90-day low: ฿0.58

A group of eight individuals acquired 14.56% stake in Raimon Land Public Company Limited (SET: RAIMON) from Seamico Securities Public Co. Ltd. (SET: ZMICO).

Raimon Land Public Company Limited Announces Management Changes

First half earnings released

Revenue & Expenses Breakdown

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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