Bangkok Airways Public Company Limited

SET:BA Stock Report

Market Cap: ฿46.0b

Bangkok Airways Past Earnings Performance

Past criteria checks 2/6

Bangkok Airways has been growing earnings at an average annual rate of 35.4%, while the Airlines industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 4.1% per year. Bangkok Airways's return on equity is 15.4%, and it has net margins of 11.7%.

Key information

35.4%

Earnings growth rate

35.3%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate4.1%
Return on equity15.4%
Net Margin11.7%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Bangkok Airways makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SET:BA Revenue, expenses and earnings (THB Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2424,9052,9113,5200
30 Jun 2423,9504,1513,3970
31 Mar 2423,1054,1083,2520
31 Dec 2321,0553,1102,9920
30 Sep 2320,2503,6062,6120
30 Jun 2318,6041,3022,4930
31 Mar 2316,267-2152,3030
31 Dec 2212,228-2,1102,0970
30 Sep 228,812-2,4021,8990
30 Jun 225,761-8,9861,7640
31 Mar 224,135-8,8241,6490
31 Dec 213,583-8,5501,5510
30 Sep 215,353-8,8091,5440
30 Jun 215,673-3,4011,5020
31 Mar 215,788-5,6901,8810
31 Dec 2010,767-5,2832,3840
30 Sep 2013,981-4,4003,5020
30 Jun 2019,292-2,7734,0790
31 Mar 2024,259-4924,4180
31 Dec 1925,9373514,5980
30 Sep 1926,161-5464,2650
30 Jun 1926,825-5684,3170
31 Mar 1926,824434,2800
31 Dec 1826,8612494,1740
30 Sep 1826,9281,5944,1110
30 Jun 1826,7401,4014,1940
31 Mar 1826,5979504,0610
31 Dec 1726,1937884,0520
30 Sep 1725,873-4624,0170
30 Jun 1725,6853583,8460
31 Mar 1725,6987643,8510
31 Dec 1625,9721,7683,8360
30 Sep 1625,9802,1443,7990
30 Jun 1625,6002,0613,7100
31 Mar 1625,0652,2803,5950
31 Dec 1524,0441,7973,4640
30 Sep 1523,6291,9553,2540
30 Jun 1522,7611,3253,1640
31 Mar 1522,2989073,0250
31 Dec 1421,7313512,9670
30 Sep 1421,253-1533,0270
30 Jun 1421,2042792,9840
31 Mar 1420,9537493,0270
31 Dec 1320,4579323,1150

Quality Earnings: BA has high quality earnings.

Growing Profit Margin: BA's current net profit margins (11.7%) are lower than last year (17.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BA has become profitable over the past 5 years, growing earnings by 35.4% per year.

Accelerating Growth: BA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BA had negative earnings growth (-19.3%) over the past year, making it difficult to compare to the Airlines industry average (36.8%).


Return on Equity

High ROE: BA's Return on Equity (15.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:33
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Bangkok Airways Public Company Limited is covered by 17 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kaseedit ChoonnawatBofA Global Research
Suppata SrisukBualuang Securities PCL
Kaseedit ChoonnawatCitigroup Inc