Planet Communications Asia Past Earnings Performance

Past criteria checks 0/6

Planet Communications Asia's earnings have been declining at an average annual rate of -77%, while the Electronic industry saw earnings growing at 20.1% annually. Revenues have been declining at an average rate of 10.3% per year.

Key information

-77.0%

Earnings growth rate

-69.2%

EPS growth rate

Electronic Industry Growth	18.1%
Revenue growth rate	-10.3%
Return on equity	-39.9%
Net Margin	-37.5%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Planet Communications Asia makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:PLANET Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	553	-207	303
30 Sep 23	494	-185	273
30 Jun 23	522	-84	191
31 Mar 23	598	-48	179
31 Dec 22	617	-27	169
30 Sep 22	591	7	135
30 Jun 22	550	19	124
31 Mar 22	464	9	118
31 Dec 21	436	7	114
30 Sep 21	439	10	117
30 Jun 21	471	7	121
31 Mar 21	521	18	122
31 Dec 20	607	2	131
30 Sep 20	638	-10	132
30 Jun 20	851	-3	138
31 Mar 20	862	-18	148
31 Dec 19	849	-1	150
30 Sep 19	884	9	153
30 Jun 19	721	8	154
31 Mar 19	700	3	151
31 Dec 18	756	6	155
30 Sep 18	760	1	159
30 Jun 18	755	-3	160
31 Mar 18	791	8	163
31 Dec 17	681	-32	164
30 Sep 17	663	-33	163
30 Jun 17	682	-25	164
31 Mar 17	711	-37	175
31 Dec 16	717	-25	176
30 Sep 16	787	-15	178
30 Jun 16	868	-6	200
31 Mar 16	942	26	202
31 Dec 15	1,028	53	203
30 Sep 15	1,013	50	214
30 Jun 15	982	51	205
31 Mar 15	944	41	196
31 Dec 14	964	48	192
30 Sep 14	938	71	177
30 Jun 14	833	47	179
31 Mar 14	828	71	184
31 Dec 13	751	49	172

Quality Earnings: PLANET is currently unprofitable.

Growing Profit Margin: PLANET is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PLANET is unprofitable, and losses have increased over the past 5 years at a rate of 77% per year.

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

Earnings vs Industry: PLANET is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-6.2%).

Return on Equity

High ROE: PLANET has a negative Return on Equity (-39.89%), as it is currently unprofitable.

Planet Communications Asia Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: ฿0.43 loss per share (vs ฿0.072 loss in FY 2022)

Third quarter 2023 earnings released: ฿0.21 loss per share (vs ฿0.02 loss in 3Q 2022)

Second quarter 2023 earnings released: ฿0.05 loss per share (vs ฿0.035 profit in 2Q 2022)

First quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.001 in 1Q 2021)

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

First quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.06 loss in 1Q 2020)

Recent updates

New major risk - Market cap size

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 30, 2024

Full year 2023 earnings released: ฿0.43 loss per share (vs ฿0.072 loss in FY 2022)

Planet Communications Asia Public Company Limited Approves Appointment of Kangwan Yodvisishthak as an Independent Director, Audit Committee Member, and Nomination and Remuneration Committee Member

Planet Communications Asia Public Company Limited Announces Change in Audit Committee and Appointment of Risk Management Committee Chair

Third quarter 2023 earnings released: ฿0.21 loss per share (vs ฿0.02 loss in 3Q 2022)

New major risk - Market cap size

Less than half of directors are independent

Planet Communications Asia Public Company Limited Announces Resignation of Taweesak Srisumrid as Independent Director, Audit Committee, Nomination Remuneration and Corporate Governance Director, and Chairman of Risk Management Committee, Effective on 30 September 2023 Onwards

Second quarter 2023 earnings released: ฿0.05 loss per share (vs ฿0.035 profit in 2Q 2022)

Planet Communications Asia Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 270 million.

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.001 in 1Q 2021)

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

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 25, 2022

Independent Director Sharinee Kalayanamitr has left the company

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS ฿0.001 (vs ฿0.06 loss in 1Q 2020)

Independent Director has left the company

Independent Director has left the company

New 90-day high: ฿1.36

Planet Communications Asia Public Company Limited, Annual General Meeting, Apr 27, 2021

Full year 2020 earnings released: EPS ฿0.01 (vs ฿0.004 loss in FY 2019)

New 90-day high: ฿1.26

Third quarter 2020 earnings released: EPS ฿0.008

New 90-day high: ฿1.40

New 90-day high - ฿1.12

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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