Nex Point Past Earnings Performance

Past criteria checks 4/6

Nex Point has been growing earnings at an average annual rate of 60.1%, while the Electronic industry saw earnings growing at 20.1% annually. Revenues have been growing at an average rate of 62.1% per year. Nex Point's return on equity is 17.6%, and it has net margins of 7.8%.

Key information

60.1%

Earnings growth rate

64.6%

EPS growth rate

Electronic Industry Growth	18.1%
Revenue growth rate	62.1%
Return on equity	17.6%
Net Margin	7.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Nex Point makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:NEX Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	9,299	725	382
30 Sep 23	12,034	893	378
30 Jun 23	12,164	835	368
31 Mar 23	9,620	423	304
31 Dec 22	6,564	208	276
30 Sep 22	1,904	-131	259
30 Jun 22	637	-158	244
31 Mar 22	619	-132	266
31 Dec 21	666	-107	277
30 Sep 21	656	-220	274
30 Jun 21	801	-233	301
31 Mar 21	1,002	-231	296
31 Dec 20	1,412	-214	282
30 Sep 20	1,481	-171	258
30 Jun 20	1,415	-160	225
31 Mar 20	1,232	-143	197
31 Dec 19	799	-147	180
30 Sep 19	789	-81	179
30 Jun 19	767	-78	181
31 Mar 19	724	-70	179
31 Dec 18	669	-56	162
30 Sep 18	564	-11	147
30 Jun 18	496	-4	125
31 Mar 18	428	-1	116
31 Dec 17	401	10	104
30 Sep 17	397	-19	102
30 Jun 17	393	-12	98
31 Mar 17	392	-16	98
31 Dec 16	418	-17	95
30 Sep 16	435	-22	94
30 Jun 16	452	-30	90
31 Mar 16	483	-31	82
31 Dec 15	495	-25	86
30 Sep 15	506	-19	86
30 Jun 15	520	-15	91
31 Mar 15	521	-15	91
31 Dec 14	509	-24	88
30 Sep 14	519	-18	87
30 Jun 14	535	-6	87
31 Mar 14	550	5	91
31 Dec 13	597	16	102
30 Sep 13	804	19	107
30 Jun 13	783	141	106

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

Growing Profit Margin: NEX's current net profit margins (7.8%) are higher than last year (3.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NEX has become profitable over the past 5 years, growing earnings by 60.1% per year.

Accelerating Growth: NEX's earnings growth over the past year (248.1%) exceeds its 5-year average (60.1% per year).

Earnings vs Industry: NEX earnings growth over the past year (248.1%) exceeded the Electronic industry -6.2%.

Nex Point Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2023 earnings: EPS misses analyst expectations

Third quarter 2023 earnings released

Second quarter 2023 earnings released: EPS: ฿0.19 (vs ฿0.035 loss in 2Q 2022)

Second quarter 2022 earnings released: ฿0.04 loss per share (vs ฿0.02 loss in 2Q 2021)

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2021 earnings: EPS and revenues miss analyst expectations

Recent updates

Now 24% undervalued after recent price drop

Full year 2023 earnings: EPS misses analyst expectations

Consensus revenue estimates fall by 32%

Third quarter 2023 earnings released

Investor sentiment improves as stock rises 17%

Less than half of directors are independent

Nex Point Public Company Limited Announces Board Changes

Consensus revenue estimates decrease by 19%

Komsahaspob Nuttayakul Resigns as Director from Nex Point Public Company Limited

Investor sentiment improves as stock rises 16%

Consensus revenue estimates fall by 35%

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: ฿0.19 (vs ฿0.035 loss in 2Q 2022)

Investor sentiment improves as stock rises 28%

Price target decreased by 19% to ฿18.00

Forecast breakeven date pushed back to 2023

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.04 loss per share (vs ฿0.02 loss in 2Q 2021)

Price target decreased to ฿22.80

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Less than half of directors are independent

Now 21% undervalued

Full year 2021 earnings: EPS and revenues miss analyst expectations

Nex Point Public Company Limited, Annual General Meeting, Apr 29, 2022

Nex Point Public Company Limited (SET:NEX) and other investors acquired a 74.9% stake in EV Now Co., Ltd. from EA Mobility Holding Co., Ltd. and other shareholders for THB 28.4 million.

Forecast breakeven date pushed back to 2022

Price target increased to ฿20.00

Third quarter 2021 earnings released: ฿0.009 loss per share (vs ฿0.02 loss in 3Q 2020)

Company Secretary Nittaya Utokyota has left the company

Second quarter 2021 earnings released: ฿0.02 loss per share (vs ฿0.053 loss in 2Q 2020)

First quarter 2021 earnings released: ฿0.023 loss per share (vs ฿0.017 loss in 1Q 2020)

Full year 2020 earnings released: ฿0.15 loss per share (vs ฿0.50 loss in FY 2019)

Nex Point Public Company Limited, Annual General Meeting, Apr 29, 2021

Chief Financial Officer has left the company

Nex Point Public Company Limited Appoints Yuttapong Artharn as Financial Accounting Director

Nex Point Public Company Limited Appoints Yuttapong Artharn as Acting Chief Financial Officer in Place of Prangtip Ngamthamanit

New 90-day high: ฿5.65

Nex Point Public Company Limited Announces Board Changes

Nex Point Public Company Limited Announces Kanawuthi Wattanadhirach Ended His Employment Contract for the Position of Vice Chief Executive Officer on December 31, 2020

Third quarter 2020 earnings released: ฿0.02 loss per share

Praphoth Pholpipattanaphong acquired Single Point Engineering Company Limited from Nex Point Public Company Limited (SET:NEX) for THB 8 million.

First half earnings released

Nex Point Public Company Limited (SET : NEX) agreed to acquire approximately 45% stake in Absolute Assembly Company Limited from About Click Company Limited for Baht 218.25 million.

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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