Thai Solar Energy Public Company Limited

SET:TSE-R Stock Report

Market Cap: ฿1.9b

Thai Solar Energy Past Earnings Performance

Past criteria checks 0/6

Thai Solar Energy's earnings have been declining at an average annual rate of -42.7%, while the Renewable Energy industry saw earnings declining at 3.9% annually. Revenues have been declining at an average rate of 3.4% per year.

Key information

-42.7%

Earnings growth rate

-42.8%

EPS growth rate

Renewable Energy Industry Growth6.6%
Revenue growth rate-3.4%
Return on equity-31.2%
Net Margin-94.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Thai Solar Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:TSE-R Revenue, expenses and earnings (THB Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,241-1,1671,2290
30 Jun 241,240-1,1731,2360
31 Mar 241,226-1,1641,3490
31 Dec 231,261-1,0351,3670
30 Sep 231,2865522980
30 Jun 231,3036082920
31 Mar 231,3246821810
31 Dec 221,3137962070
30 Sep 221,3165313730
30 Jun 221,3986183830
31 Mar 221,4886293790
31 Dec 211,5244933490
30 Sep 211,5366942030
30 Jun 211,5315572100
31 Mar 211,5316172660
31 Dec 201,5304212840
30 Sep 201,5155352730
30 Jun 201,4676682600
31 Mar 201,4206342120
31 Dec 191,3497752110
30 Sep 191,2863931970
30 Jun 191,0673122070
31 Mar 198032112170
31 Dec 185611741910
30 Sep 183574321870
30 Jun 182754081670
31 Mar 182323961520
31 Dec 172294161430
30 Sep 174515501690
30 Jun 174435521630
31 Mar 174366181450
31 Dec 164226181530
30 Sep 161875141140
30 Jun 161705351030
31 Mar 161445161020
31 Dec 15129527880
30 Sep 151082281210
30 Jun 15832141120
31 Mar 15656661010
31 Dec 1454581860
30 Sep 14131910660
30 Jun 14150281860
31 Mar 14145-188960
31 Dec 13141-1211080

Quality Earnings: TSE-R is currently unprofitable.

Growing Profit Margin: TSE-R is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TSE-R is unprofitable, and losses have increased over the past 5 years at a rate of 42.7% per year.

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

Earnings vs Industry: TSE-R is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-3.8%).

Return on Equity

High ROE: TSE-R has a negative Return on Equity (-31.24%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:18
End of Day Share Price 2024/12/20 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

Thai Solar Energy Public Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thanatthep ChantarakarnBualuang Securities PCL
Apichat PoobunjirdkulTisco Securities Co. Ltd.