WHA Utilities and Power Past Earnings Performance

Past criteria checks 4/6

WHA Utilities and Power's earnings have been declining at an average annual rate of -23.5%, while the Water Utilities industry saw earnings growing at 4% annually. Revenues have been growing at an average rate of 10.4% per year. WHA Utilities and Power's return on equity is 12%, and it has net margins of 58.6%.

Key information

-23.5%

Earnings growth rate

-23.5%

EPS growth rate

Water Utilities Industry Growth	4.8%
Revenue growth rate	10.4%
Return on equity	12.0%
Net Margin	58.6%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

SET:WHAUP Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	2,782	1,631	277
30 Sep 23	2,752	1,394	250
30 Jun 23	2,685	909	243
31 Mar 23	2,512	633	239
31 Dec 22	2,443	454	253
30 Sep 22	2,310	463	251
30 Jun 22	2,205	642	245
31 Mar 22	2,141	683	243
31 Dec 21	2,181	736	253
30 Sep 21	2,111	846	249
30 Jun 21	2,011	828	240
31 Mar 21	1,871	900	229
31 Dec 20	1,698	813	189
30 Sep 20	1,721	948	200
30 Jun 20	1,757	1,216	202
31 Mar 20	1,828	1,756	201
31 Dec 19	1,857	2,137	195
30 Sep 19	1,807	2,347	163
30 Jun 19	1,797	2,522	158
31 Mar 19	1,746	1,960	155
31 Dec 18	1,708	2,252	129
30 Sep 18	1,723	2,081	149
30 Jun 18	1,686	2,020	141
31 Mar 18	1,668	2,425	135
31 Dec 17	1,634	1,981	152
30 Sep 17	1,682	1,406	117
30 Jun 17	1,647	1,021	104
31 Mar 17	1,647	580	85
31 Dec 16	1,468	369	69
30 Sep 16	1,189	306	49
30 Jun 16	1,022	-80	46
31 Mar 16	839	-60	45
31 Dec 15	853	157	46
31 Dec 14	809	165	39
31 Dec 13	739	120	35

Quality Earnings: WHAUP has high quality earnings.

Growing Profit Margin: WHAUP's current net profit margins (58.6%) are higher than last year (18.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WHAUP's earnings have declined by 23.5% per year over the past 5 years.

Accelerating Growth: WHAUP's earnings growth over the past year (259.2%) exceeds its 5-year average (-23.5% per year).

Earnings vs Industry: WHAUP earnings growth over the past year (259.2%) exceeded the Water Utilities industry -5.2%.

WHA Utilities and Power Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Third quarter 2023 earnings released: EPS: ฿0.13 (vs ฿0.007 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ฿0.13 (vs ฿0.053 in 2Q 2022)

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

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

Recent updates

WHA Utilities and Power Public Company Limited Announces Resignation of David Richard Nardone as Director

WHA Utilities and Power Public Company Limited Approves Dividend for the Year 2023, Payable on 15 May 2024

Upcoming dividend of ฿0.19 per share

Final dividend increased to ฿0.19

WHA Utilities and Power Public Company Limited Proposes Dividend for the Year 2023, Payable 15 May 2024

WHA Utilities and Power Public Company Limited Proposes Dividend for the Year 2023, Payable 15 May 2024

New major risk - Revenue and earnings growth

Upcoming dividend of ฿0.06 per share at 4.2% yield

Third quarter 2023 earnings released: EPS: ฿0.13 (vs ฿0.007 in 3Q 2022)

WHA Utilities and Power Public Company Limited Announces Cash Dividend for the Period from January 1, 2023 to September 30, 2023, Payable on December 4, 2023

Consensus EPS estimates increase by 59%

Second quarter 2023 earnings released: EPS: ฿0.13 (vs ฿0.053 in 2Q 2022)

Upcoming dividend of ฿0.10 per share at 4.0% yield

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 7.8% to ฿4.75

Price target increased to ฿5.15

Consensus forecasts updated

Upcoming dividend of ฿0.06 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Less than half of directors are independent

WHA Utilities and Power Public Company Limited (SET:WHAUP) acquired 51% stake in Stella Power 1 Co., Ltd./Stella Power 2 Co., Ltd. from Athena Power Limited for TBH 255,000.

WHA Utilities and Power Public Company Limited Announces the Interim Dividend for the Period from January 1, 2022 to September 30, 2022, Payable on December 7, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

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

Less than half of directors are independent

Full year 2021 earnings: EPS and revenues miss analyst expectations

WHA Utilities and Power Public Company Limited, Annual General Meeting, Apr 22, 2022

WHA Utilities and Power Public Company Limited Announces Surathian Chakthranon Will Not Be to Be Re-Elect as Director

Upcoming dividend of ฿0.092 per share

Third quarter 2021 earnings released: EPS ฿0.05 (vs ฿0.049 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.06 (vs ฿0.083 in 2Q 2020)

First quarter 2021 earnings released: EPS ฿0.03 (vs ฿0.011 in 1Q 2020)

Price target increased to ฿4.90

Upcoming dividend of ฿0.16 per share

Consensus forecasts updated

Price target decreased to ฿4.47

Full year 2020 earnings released: EPS ฿0.21 (vs ฿0.56 in FY 2019)

Revenue and earnings miss expectations

WHA Utilities and Power Public Company Limited, Annual General Meeting, Apr 20, 2021

New 90-day low: ฿3.94

New 90-day low: ฿4.06

Analysts update estimates

New 90-day high: ฿4.44

Analysts update estimates

Third quarter 2020 earnings released: EPS ฿0.05

New 90-day low: ฿3.56

New 90-day low - ฿3.84

New 90-day low - ฿3.86

Price target lowered to ฿5.30

Analysts update estimates

Price target lowered to ฿5.95

First half earnings released

New 90-day low - ฿4.28

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

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta