Internet Thailand Past Earnings Performance

Past criteria checks 4/6

Internet Thailand has been growing earnings at an average annual rate of 17.7%, while the IT industry saw earnings growing at 17% annually. Revenues have been growing at an average rate of 4.8% per year. Internet Thailand's return on equity is 11.1%, and it has net margins of 12.8%.

Key information

17.7%

Earnings growth rate

17.6%

EPS growth rate

IT Industry Growth	12.7%
Revenue growth rate	4.8%
Return on equity	11.1%
Net Margin	12.8%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Internet Thailand makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:INET-R Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	2,410	308	347
30 Jun 24	2,293	284	334
31 Mar 24	2,199	260	342
31 Dec 23	2,090	235	336
30 Sep 23	2,077	241	287
30 Jun 23	2,071	225	293
31 Mar 23	2,051	206	317
31 Dec 22	2,045	201	325
30 Sep 22	2,019	129	368
30 Jun 22	2,034	189	377
31 Mar 22	1,940	174	357
31 Dec 21	1,866	163	352
30 Sep 21	1,786	162	356
30 Jun 21	1,703	111	322
31 Mar 21	1,769	107	299
31 Dec 20	1,835	102	324
30 Sep 20	1,805	152	284
30 Jun 20	1,835	118	350
31 Mar 20	1,899	146	385
31 Dec 19	1,882	169	360
30 Sep 19	1,927	142	386
30 Jun 19	1,790	137	349
31 Mar 19	1,602	150	333
31 Dec 18	1,466	173	321
30 Sep 18	1,271	191	324
30 Jun 18	1,180	215	316
31 Mar 18	1,055	378	343
31 Dec 17	988	375	331
30 Sep 17	947	312	344
30 Jun 17	921	330	314
31 Mar 17	916	126	245
31 Dec 16	858	84	230
30 Sep 16	816	91	164
30 Jun 16	756	50	150
31 Mar 16	677	46	132
31 Dec 15	610	39	120
30 Sep 15	556	5	116
30 Jun 15	518	-6	112
31 Mar 15	513	-4	116
31 Dec 14	492	-7	112
30 Sep 14	472	13	104
30 Jun 14	434	10	102
31 Mar 14	400	3	101
31 Dec 13	379	3	103

Quality Earnings: INET-R has a high level of non-cash earnings.

Growing Profit Margin: INET-R's current net profit margins (12.8%) are higher than last year (11.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: INET-R's earnings have grown by 17.7% per year over the past 5 years.

Accelerating Growth: INET-R's earnings growth over the past year (27.9%) exceeds its 5-year average (17.7% per year).

Earnings vs Industry: INET-R earnings growth over the past year (27.9%) exceeded the IT industry 1.3%.

Return on Equity

High ROE: INET-R's Return on Equity (11.1%) 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	2024/12/29 15:13
End of Day Share Price	2024/12/27 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

Internet Thailand Public Company Limited is covered by 3 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
Phatipak Navawatana	Krungsri Securities Public Company Limited
Chatchai Jindarat	Maybank Investment Bank Berhad
Supachai Wattanavitheskul	Yuanta Securities (Thailand) Company Limited