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 -42.5%, while the Renewable Energy industry saw earnings declining at 3.6% annually. Revenues have been declining at an average rate of 3.7% per year.
Key information
-42.5%
Earnings growth rate
-38.0%
EPS growth rate
| Renewable Energy Industry Growth | 6.6% |
| Revenue growth rate | -3.7% |
| Return on equity | -32.7% |
| Net Margin | -122.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 997 | -1,222 | 1,223 | 0 |
| 30 Jun 24 | 1,240 | -1,173 | 1,236 | 0 |
| 31 Mar 24 | 1,226 | -1,164 | 1,349 | 0 |
| 31 Dec 23 | 1,261 | -1,035 | 1,367 | 0 |
| 30 Sep 23 | 1,529 | 607 | 304 | 0 |
| 30 Jun 23 | 1,303 | 608 | 292 | 0 |
| 31 Mar 23 | 1,324 | 682 | 181 | 0 |
| 31 Dec 22 | 1,313 | 796 | 207 | 0 |
| 30 Sep 22 | 1,316 | 531 | 373 | 0 |
| 30 Jun 22 | 1,398 | 618 | 383 | 0 |
| 31 Mar 22 | 1,488 | 629 | 379 | 0 |
| 31 Dec 21 | 1,524 | 493 | 349 | 0 |
| 30 Sep 21 | 1,536 | 694 | 203 | 0 |
| 30 Jun 21 | 1,531 | 557 | 210 | 0 |
| 31 Mar 21 | 1,531 | 617 | 266 | 0 |
| 31 Dec 20 | 1,530 | 421 | 284 | 0 |
| 30 Sep 20 | 1,515 | 535 | 273 | 0 |
| 30 Jun 20 | 1,467 | 668 | 260 | 0 |
| 31 Mar 20 | 1,420 | 634 | 212 | 0 |
| 31 Dec 19 | 1,349 | 775 | 211 | 0 |
| 30 Sep 19 | 1,286 | 393 | 197 | 0 |
| 30 Jun 19 | 1,067 | 312 | 207 | 0 |
| 31 Mar 19 | 803 | 211 | 217 | 0 |
| 31 Dec 18 | 561 | 174 | 191 | 0 |
| 30 Sep 18 | 357 | 432 | 187 | 0 |
| 30 Jun 18 | 275 | 408 | 167 | 0 |
| 31 Mar 18 | 232 | 396 | 152 | 0 |
| 31 Dec 17 | 229 | 416 | 143 | 0 |
| 30 Sep 17 | 451 | 550 | 169 | 0 |
| 30 Jun 17 | 443 | 552 | 163 | 0 |
| 31 Mar 17 | 436 | 618 | 145 | 0 |
| 31 Dec 16 | 422 | 618 | 153 | 0 |
| 30 Sep 16 | 187 | 514 | 114 | 0 |
| 30 Jun 16 | 170 | 535 | 103 | 0 |
| 31 Mar 16 | 144 | 516 | 102 | 0 |
| 31 Dec 15 | 129 | 527 | 88 | 0 |
| 30 Sep 15 | 108 | 228 | 121 | 0 |
| 30 Jun 15 | 83 | 214 | 112 | 0 |
| 31 Mar 15 | 65 | 666 | 101 | 0 |
| 31 Dec 14 | 54 | 581 | 86 | 0 |
| 30 Sep 14 | 131 | 910 | 66 | 0 |
| 30 Jun 14 | 150 | 281 | 86 | 0 |
| 31 Mar 14 | 145 | -188 | 96 | 0 |
| 31 Dec 13 | 141 | -121 | 108 | 0 |
Quality Earnings: TSE is currently unprofitable.
Growing Profit Margin: TSE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSE is unprofitable, and losses have increased over the past 5 years at a rate of 42.5% per year.
Accelerating Growth: Unable to compare TSE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TSE is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-4.7%).
Return on Equity
High ROE: TSE has a negative Return on Equity (-32.72%), as it is currently unprofitable.