Thai Airways International Past Earnings Performance
Past criteria checks 2/6
Thai Airways International has been growing earnings at an average annual rate of 46.8%, while the Airlines industry saw earnings growing at 14.3% annually. Revenues have been growing at an average rate of 8.3% per year.
Key information
46.8%
Earnings growth rate
46.8%
EPS growth rate
| Airlines Industry Growth | 0.09% |
| Revenue growth rate | 8.3% |
| Return on equity | n/a |
| Net Margin | 15.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Thai Airways International 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 | 179,248 | 26,978 | 9,452 | 0 |
| 30 Jun 24 | 171,208 | 16,036 | 8,491 | 0 |
| 31 Mar 24 | 165,645 | 17,992 | 7,705 | 0 |
| 31 Dec 23 | 157,446 | 28,096 | 7,240 | 0 |
| 30 Sep 23 | 153,971 | 27,294 | 6,421 | 0 |
| 30 Jun 23 | 150,247 | 20,971 | 6,232 | 0 |
| 31 Mar 23 | 134,870 | 15,489 | 5,703 | 0 |
| 31 Dec 22 | 103,867 | -272 | 4,732 | 0 |
| 30 Sep 22 | 73,122 | -7,256 | 3,469 | 0 |
| 30 Jun 22 | 45,088 | 37,526 | 2,151 | 0 |
| 31 Mar 22 | 27,766 | 64,074 | 1,401 | 0 |
| 31 Dec 21 | 21,572 | 55,118 | 837 | 0 |
| 30 Sep 21 | 17,243 | -40,497 | 702 | 0 |
| 30 Jun 21 | 15,814 | -102,029 | 605 | 0 |
| 31 Mar 21 | 13,927 | -130,697 | 248 | 0 |
| 31 Dec 20 | 47,716 | -141,171 | 1,952 | 0 |
| 30 Sep 20 | 90,225 | -50,475 | 4,423 | 0 |
| 30 Jun 20 | 131,954 | -33,620 | 7,013 | 0 |
| 31 Mar 20 | 172,017 | -35,164 | 12,703 | 0 |
| 31 Dec 19 | 184,046 | -12,042 | 10,637 | 0 |
| 30 Sep 19 | 187,732 | -18,663 | 13,264 | 0 |
| 30 Jun 19 | 190,497 | -17,682 | 13,608 | 0 |
| 31 Mar 19 | 193,801 | -13,897 | 13,648 | 0 |
| 31 Dec 18 | 197,265 | -11,625 | 13,945 | 0 |
| 30 Sep 18 | 196,885 | -2,311 | 14,249 | 0 |
| 30 Jun 18 | 195,616 | -435 | 14,246 | 0 |
| 31 Mar 18 | 194,518 | -2,548 | 14,582 | 0 |
| 31 Dec 17 | 190,821 | -2,107 | 14,413 | 0 |
| 30 Sep 17 | 185,723 | -5,340 | 11,555 | 0 |
| 30 Jun 17 | 182,911 | -5,117 | 11,199 | 0 |
| 31 Mar 17 | 179,276 | -2,827 | 10,673 | 0 |
| 31 Dec 16 | 179,802 | 15 | 10,206 | 0 |
| 30 Sep 16 | 181,745 | 6,528 | 10,124 | 0 |
| 30 Jun 16 | 182,188 | -1,772 | 10,178 | 0 |
| 31 Mar 16 | 182,732 | -11,610 | 10,287 | 0 |
| 31 Dec 15 | 184,179 | -13,068 | 10,332 | 0 |
| 30 Sep 15 | 187,677 | -24,520 | 10,607 | 0 |
| 30 Jun 15 | 189,523 | -13,533 | 10,406 | 0 |
| 31 Mar 15 | 190,868 | -8,436 | 10,078 | 0 |
| 31 Dec 14 | 189,084 | -15,612 | 9,791 | 0 |
| 30 Sep 14 | 191,691 | -14,907 | 9,686 | 0 |
| 30 Jun 14 | 196,835 | -22,188 | 9,916 | 0 |
| 31 Mar 14 | 201,382 | -22,964 | 10,191 | 0 |
| 31 Dec 13 | 208,121 | -12,047 | 10,436 | 0 |
Quality Earnings: TAWN.F has high quality earnings.
Growing Profit Margin: TAWN.F's current net profit margins (15.1%) are lower than last year (17.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TAWN.F has become profitable over the past 5 years, growing earnings by 46.8% per year.
Accelerating Growth: TAWN.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TAWN.F had negative earnings growth (-1.2%) over the past year, making it difficult to compare to the Airlines industry average (10.5%).
Return on Equity
High ROE: TAWN.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 13:08 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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 Airways International Public Company Limited is covered by 24 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.
| Analyst | Institution |
|---|---|
| Kawee Manitsupavong | Asia Plus Securities Company Limited |
| Chutima Woramontri | BNP Paribas Securities (Asia) |
| Kaseedit Choonnawat | BofA Global Research |