Global Power Synergy Past Earnings Performance

Past criteria checks 4/6

Global Power Synergy's earnings have been declining at an average annual rate of -8.1%, while the Renewable Energy industry saw earnings growing at 0.8% annually. Revenues have been growing at an average rate of 20.7% per year. Global Power Synergy's return on equity is 4.1%, and it has net margins of 4.1%.

Key information

-8.1%

Earnings growth rate

-19.1%

EPS growth rate

Renewable Energy Industry Growth	6.6%
Revenue growth rate	20.7%
Return on equity	4.1%
Net Margin	4.1%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Global Power Synergy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:GPSC Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	90,602	3,694	2,709
30 Sep 23	106,840	2,780	2,750
30 Jun 23	120,465	1,321	2,564
31 Mar 23	124,399	1,696	2,385
31 Dec 22	124,179	891	2,310
30 Sep 22	114,073	2,496	2,784
30 Jun 22	98,277	4,040	2,835
31 Mar 22	88,560	5,658	2,923
31 Dec 21	77,777	7,319	2,963
30 Sep 21	70,653	7,608	2,080
30 Jun 21	69,241	8,308	2,027
31 Mar 21	68,722	7,902	1,968
31 Dec 20	70,587	7,508	1,951
30 Sep 20	72,339	7,195	1,995
30 Jun 20	74,886	5,513	2,014
31 Mar 20	76,619	4,699	2,253
31 Dec 19	67,295	4,061	2,184
30 Sep 19	54,762	3,402	1,843
30 Jun 19	42,098	3,409	1,648
31 Mar 19	28,522	3,379	1,137
31 Dec 18	25,166	3,359	937
30 Sep 18	24,169	3,595	716
30 Jun 18	21,888	3,584	751
31 Mar 18	20,726	3,347	700
31 Dec 17	20,503	3,175	718
30 Sep 17	20,120	2,872	868
30 Jun 17	20,909	2,707	779
31 Mar 17	21,203	2,579	821
31 Dec 16	21,015	2,700	800
30 Sep 16	21,189	2,616	753
30 Jun 16	20,469	2,458	716
31 Mar 16	21,147	2,245	705
31 Dec 15	22,047	1,906	670
30 Sep 15	23,034	1,970	600
30 Jun 15	24,009	1,913	570
31 Mar 15	24,680	2,014	457
31 Dec 14	23,174	1,581	410
31 Dec 13	25,133	1,148	281

Quality Earnings: GPSC has high quality earnings.

Growing Profit Margin: GPSC's current net profit margins (4.1%) are higher than last year (0.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GPSC's earnings have declined by 8.1% per year over the past 5 years.

Accelerating Growth: GPSC's earnings growth over the past year (314.4%) exceeds its 5-year average (-8.1% per year).

Earnings vs Industry: GPSC earnings growth over the past year (314.4%) exceeded the Renewable Energy industry -10.6%.

Global Power Synergy Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: ฿1.31 (vs ฿0.32 in FY 2022)

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First quarter 2023 earnings released: EPS: ฿0.40 (vs ฿0.11 in 1Q 2022)

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

Global Power Synergy Public Company Limited Approves Board Changes

Global Power Synergy Public Company Limited Approves Dividend for the Second Half Ended December 31, 2023, Payable on April 23, 2024

Global Power Synergy Public Company Limited Announces Board Changes

Upcoming dividend of ฿0.44 per share

Final dividend increased to ฿0.44

Full year 2023 earnings released: EPS: ฿1.31 (vs ฿0.32 in FY 2022)

Global Power Synergy Public Company Limited, Annual General Meeting, Apr 03, 2024

Global Power Synergy Public Company Limited Approves Dividend Payment for the Year 2023, Payable on April 23, 2024

New minor risk - Share price stability

New minor risk - Share price stability

Consensus EPS estimates fall by 13%

New minor risk - Earnings quality

Price target decreased by 9.4% to ฿55.88

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Global Power Synergy Public Company Limited Appoints Gen. Prachaphat Vatchanaratna as Member of the Audit Committee

Consensus EPS estimates fall by 12%

Global Power Synergy Public Company Limited Announces Resignation of Pantip Sripimol as Director and Member of the Corporate Governance and Sustainability Committee, Effective October 1, 2023

Upcoming dividend of ฿0.30 per share at 1.1% yield

Global Power Synergy Public Company Limited Announces Interim Dividend, Payable on September 20, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First quarter 2023 earnings released: EPS: ฿0.40 (vs ฿0.11 in 1Q 2022)

Upcoming dividend of ฿0.30 per share at 0.7% yield

Global Power Synergy Public Company Limited Announces Board Changes

Global Power Synergy Public Company Limited Announces Resignation of Pakorn Apaphant as Director

Consensus forecasts updated

Global Power Synergy Public Company Limited Announces Management Changes

Consensus forecasts updated

High number of new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Global Power Synergy Public Company Limited Announces Board Resignations, Effective September 30, 2022 Onwards

Upcoming dividend of ฿0.20 per share

Global Power Synergy Public Company Limited Announces Interim Cash Dividend, Payable on 21 September 2022

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Consensus forecasts updated

Global Power Synergy Public Company Limited Announces Resignation of Jeerawat Pattanasomsit as Director, Effective from July 1, 2022 Onwards

Global Power Synergy Public Company Limited Announces Dividend for the Second Half Ended December 31, 2021, Payable on April 20, 2022

Upcoming dividend of ฿1.00 per share

Full year 2021 earnings: EPS misses analyst expectations

Global Power Synergy Public Company Limited Proposes Dividend for the Second Half Ended December 31, 2021, Payable on April 20, 2022

Third quarter 2021 earnings released: EPS ฿0.66 (vs ฿0.91 in 3Q 2020)

Non-Executive Director Wittawat Svasti-Xuto has left the company

Upcoming dividend of ฿0.50 per share

Second quarter 2021 earnings released: EPS ฿0.82 (vs ฿0.67 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.70 (vs ฿0.56 in 1Q 2020)

Non-Executive Independent Director has left the company

Independent Director has left the company

Global Power Synergy Public Company Limited, Annual General Meeting, Apr 02, 2021

Upcoming Dividend of ฿1.00 Per Share

Revenue behind estimates

Full year 2020 earnings released: EPS ฿2.66 (vs ฿2.25 in FY 2019)

New 90-day high: ฿85.75

New 90-day high: ฿76.50

Investor sentiment improved over the past week

PTT Global Management Company Limited entered into a share purchase agreement to acquire 50% stake in Global Renewable Power Co., Ltd. from Global Power Synergy Public Company Limited (SET:GPSC) for approximately THB 690 million.

Third quarter 2020 earnings released: EPS ฿0.91

Earnings beat expectations, revenue disappoints

Market bids up stock over the past week

Global Power Synergy Public Company Limited Announces CFO Changes

New 90-day low: ฿56.00

Global Power Synergy Public Company Limited Announces Change in Chief Accounting

New 90-day low: ฿59.00

New 90-day low - ฿66.00

First half earnings released

New 90-day low - ฿67.00

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Revenue & Expenses Breakdown
Beta