Reported Earnings • May 15
First quarter 2026 earnings released: EPS: ฿0.036 (vs ฿0.006 in 1Q 2025) First quarter 2026 results: EPS: ฿0.036 (up from ฿0.006 in 1Q 2025). Revenue: ฿235.1m (flat on 1Q 2025). Net income: ฿17.9m (up ฿15.0m from 1Q 2025). Profit margin: 7.6% (up from 1.3% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Full year 2025 earnings released: EPS: ฿0.10 (vs ฿0.033 in FY 2024) Full year 2025 results: EPS: ฿0.10 (up from ฿0.033 in FY 2024). Revenue: ฿921.4m (down 9.7% from FY 2024). Net income: ฿50.0m (up 207% from FY 2024). Profit margin: 5.4% (up from 1.6% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 23
Chiangmai Rimdoi Public Company Limited, Annual General Meeting, Apr 27, 2026 Chiangmai Rimdoi Public Company Limited, Annual General Meeting, Apr 27, 2026, at 14:00 SE Asia Standard Time. Location: kinnaree 1 room, 2nd floor of the empress premier hotel, no. 199/42 changklan road, changklan sub-district, muang chiangmai district, chiangmai province 50100., Thailand New Risk • Dec 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿170.0m market cap, or US$5.40m). Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change). Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ฿0.016 (vs ฿0.007 in 2Q 2024) Second quarter 2025 results: EPS: ฿0.016 (up from ฿0.007 in 2Q 2024). Revenue: ฿192.7m (down 8.4% from 2Q 2024). Net income: ฿7.86m (up 125% from 2Q 2024). Profit margin: 4.1% (up from 1.7% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (฿190.0m market cap, or US$5.81m). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • May 14
First quarter 2025 earnings released: EPS: ฿0.006 (vs ฿0.009 in 1Q 2024) First quarter 2025 results: EPS: ฿0.006 (down from ฿0.009 in 1Q 2024). Revenue: ฿236.0m (up 19% from 1Q 2024). Net income: ฿2.95m (down 36% from 1Q 2024). Profit margin: 1.3% (down from 2.3% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 25
Full year 2024 earnings released: EPS: ฿0.033 (vs ฿0.15 loss in FY 2023) Full year 2024 results: EPS: ฿0.033 (up from ฿0.15 loss in FY 2023). Revenue: ฿1.02b (up 27% from FY 2023). Net income: ฿16.3m (up ฿92.5m from FY 2023). Profit margin: 1.6% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 24
Chiangmai Rimdoi Public Company Limited, Annual General Meeting, Apr 22, 2025 Chiangmai Rimdoi Public Company Limited, Annual General Meeting, Apr 22, 2025, at 14:00 SE Asia Standard Time. Location: kinnaree 1 room, 2nd floor of the, empress premier hotel, no. 199/42 changklan road, changklan sub-district, muang, chiangmai district, chiangmai province 50100., Thailand Buy Or Sell Opportunity • Feb 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to ฿0.34. The fair value is estimated to be ฿0.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.0% over the last 3 years. Earnings per share has declined by 73%. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: ฿0.007 (vs ฿0.019 loss in 3Q 2023) Third quarter 2024 results: EPS: ฿0.007 (up from ฿0.019 loss in 3Q 2023). Revenue: ฿315.3m (up 70% from 3Q 2023). Net income: ฿3.41m (up ฿12.7m from 3Q 2023). Profit margin: 1.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: ฿0.007 (vs ฿0 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.007 (up from ฿0 in 2Q 2023). Revenue: ฿210.4m (up 1.4% from 2Q 2023). Net income: ฿3.49m (up ฿3.40m from 2Q 2023). Profit margin: 1.7% (up from 0% in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
First quarter 2024 earnings released: EPS: ฿0.009 (vs ฿0.028 loss in 1Q 2023) First quarter 2024 results: EPS: ฿0.009 (up from ฿0.028 loss in 1Q 2023). Revenue: ฿197.9m (down 18% from 1Q 2023). Net income: ฿4.64m (up ฿18.7m from 1Q 2023). Profit margin: 2.3% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 24
Full year 2023 earnings released: ฿0.15 loss per share (vs ฿0.031 loss in FY 2022) Full year 2023 results: ฿0.15 loss per share (further deteriorated from ฿0.031 loss in FY 2022). Revenue: ฿807.5m (down 36% from FY 2022). Net loss: ฿76.2m (loss widened 396% from FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 23
Chiangmai Rimdoi Public Company Limited, Annual General Meeting, Apr 26, 2024 Chiangmai Rimdoi Public Company Limited, Annual General Meeting, Apr 26, 2024, at 14:00 SE Asia Standard Time. Location: Kinnaree 1 Room, 2nd Floor of The Empress Premier Hotel No. 199/42 Changklan Road, Changklan Sub-district, Muang Chiangmai District Chiang Mai Thailand Agenda: To consider and certify the Minutes of the 2023 Annual General Meeting of Shareholders; to acknowledge the Company's operating performance for the year 2023; to consider and approve the financial statements, the statements of comprehensive income and the auditor report for the year ended December 31, 2023; to consider and approve no allotment of the net profit for the year 2023 as legal reserve; to consider and approve the omitted dividend payment for the year 2023; to consider and approve the re-election of Directors replacing the Directors who have retired by rotation for the year 2024; to consider and approve the remuneration of the directors for the year 2024; and to consider any other matters. Reported Earnings • Nov 14
Third quarter 2023 earnings released: ฿0.019 loss per share (vs ฿0.006 profit in 3Q 2022) Third quarter 2023 results: ฿0.019 loss per share (down from ฿0.006 profit in 3Q 2022). Revenue: ฿185.6m (down 43% from 3Q 2022). Net loss: ฿9.26m (down 422% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Aug 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 24% per year over the past 5 years. Market cap is less than US$10m (฿315.0m market cap, or US$8.94m). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: ฿0 (vs ฿0.017 loss in 2Q 2022) Second quarter 2023 results: EPS: ฿0 (improved from ฿0.017 loss in 2Q 2022). Revenue: ฿207.4m (down 31% from 2Q 2022). Net income: ฿82.7k (up ฿8.36m from 2Q 2022). Profit margin: 0% (up from net loss in 2Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 19
First quarter 2023 earnings released: ฿0.028 loss per share (vs ฿0.012 loss in 1Q 2022) First quarter 2023 results: ฿0.028 loss per share (further deteriorated from ฿0.012 loss in 1Q 2022). Revenue: ฿241.1m (down 11% from 1Q 2022). Net loss: ฿14.0m (loss widened 140% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Tillkännagivande • May 17
Chiangmai Rimdoi Public Company Limited Announces Executive Changes Chiangmai Rimdoi Public Company Limited announced appointment of Mr. Prawat Siripatrodom as the Chairman of the Board of Directors replace the position of Mr. Therdsak Kosaiyakanont who have retired and passed away; appointment of Mr.Pong-In Rakariyatham as the Vice-Chairman of the Board of Directors replace the position of Mr. Prawat Siripatrodom who has been appointing as the Chairman of the Board of Directors; and appointment of Miss. Thida Chumroenpurk as the Member of the Nomination and Remuneration Committee replace the position of Mr. Therdsak Kosaiyakanont who have retired and passed away. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: ฿0.006 (vs ฿0.008 in 3Q 2021) Third quarter 2022 results: EPS: ฿0.006 (down from ฿0.008 in 3Q 2021). Revenue: ฿328.1m (up 22% from 3Q 2021). Net income: ฿2.88m (down 24% from 3Q 2021). Profit margin: 0.9% (down from 1.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 19
Second quarter 2022 earnings released: ฿0.017 loss per share (vs ฿0.011 profit in 2Q 2021) Second quarter 2022 results: ฿0.017 loss per share (down from ฿0.011 profit in 2Q 2021). Revenue: ฿302.5m (up 41% from 2Q 2021). Net loss: ฿8.28m (down 255% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • May 19
First quarter 2022 earnings released: ฿0.012 loss per share (vs ฿0.005 profit in 1Q 2021) First quarter 2022 results: ฿0.012 loss per share (down from ฿0.005 profit in 1Q 2021). Revenue: ฿271.7m (up 40% from 1Q 2021). Net loss: ฿5.85m (down 314% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿1.04, the stock trades at a trailing P/E ratio of 64.2x. Average trailing P/E is 29x in the Construction industry in Thailand. Total returns to shareholders of 6.7% over the past three years. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ฿0.02 (up from ฿0.18 loss in FY 2020). Revenue: ฿891.9m (up 12% from FY 2020). Net income: ฿8.10m (up ฿99.1m from FY 2020). Profit margin: 0.9% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS ฿0.008 (vs ฿0.02 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ฿269.8m (up 45% from 3Q 2020). Net income: ฿3.78m (up ฿12.6m from 3Q 2020). Profit margin: 1.4% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 19
Second quarter 2021 earnings released: EPS ฿0.011 (vs ฿0.011 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ฿215.0m (up 5.6% from 2Q 2020). Net income: ฿5.34m (up ฿11.2m from 2Q 2020). Profit margin: 2.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
First quarter 2021 earnings released: EPS ฿0.005 (vs ฿0.099 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ฿193.9m (down 25% from 1Q 2020). Net income: ฿2.74m (up ฿54.1m from 1Q 2020). Profit margin: 1.4% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 23
Full year 2020 earnings released: ฿0.18 loss per share (vs ฿0.04 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ฿797.9m (down 41% from FY 2019). Net loss: ฿91.0m (loss widened 309% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 28
New 90-day high: ฿0.54 The company is up 32% from its price of ฿0.41 on 30 October 2020. The Thai market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 14% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: ฿0.02 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ฿186.7m (down 52% from 3Q 2019). Net loss: ฿8.84m (loss widened 1.0% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 105% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 16
New 90-day low: ฿0.44 The company is down 12% from its price of ฿0.50 on 17 July 2020. The Thai market is down 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 14% over the same period. 