Thachang Green Energy PCL (BKK:TGE)

Thachang Green Energy PCL Income Statement

Financials in millions THB. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,161	1,000	911.16	938.09	781.16	707.79
Revenue Growth (YoY)	20.45%	9.79%	-2.87%	20.09%	10.37%	110.56%
Selling, General & Admin	69.29	57.58	53.38	56.74	53.08	30.86
Other Operating Expenses	825.24	649.86	604.15	630.49	502.58	471.61
Total Operating Expenses	894.53	707.44	657.53	687.23	555.66	502.47
Operating Income	266.71	292.88	253.63	250.86	225.5	205.33
Interest Expense	-30.29	-40.55	-47.5	-50.58	-47.61	-44.89
Interest Income	5.96	5.96	4.46	1.21	0.38	0.47
Net Interest Expense	-24.33	-34.59	-43.04	-49.38	-47.23	-44.42
Currency Exchange Gain (Loss)	-0	0.1	-0.06	-0.57	-1.78	0.16
Other Non-Operating Income (Expenses)	-3.42	1.77	3.82	2	3.55	1.18
EBT Excluding Unusual Items	238.95	260.16	214.35	202.92	180.04	162.25
Gain (Loss) on Sale of Assets	-	-	-	-	-	4.01
Insurance Settlements	4.55	4.55	28.95	14.25	22.41	-
Pretax Income	243.5	264.71	243.31	217.17	202.45	166.26
Income Tax Expense	10.94	13.27	3.34	0.74	0.35	-0.64
Earnings From Continuing Ops.	232.56	251.44	239.97	216.43	202.1	166.91
Minority Interest in Earnings	-0	-0	-0	0	0	0
Net Income	232.56	251.44	239.97	216.43	202.1	166.91
Net Income to Common	232.56	251.44	239.97	216.43	202.1	166.91
Net Income Growth	-5.43%	4.78%	10.88%	7.09%	21.09%	76.93%
Shares Outstanding (Basic)	2,373	2,200	2,200	1,828	1,600	1,600
Shares Outstanding (Diluted)	2,405	2,342	2,200	1,828	1,600	1,600
Shares Change (YoY)	4.13%	6.46%	20.32%	14.28%	-	-
EPS (Basic)	0.10	0.11	0.11	0.12	0.13	0.10
EPS (Diluted)	0.10	0.11	0.11	0.12	0.13	0.10
EPS Growth	-2.31%	0.85%	-7.85%	-6.29%	21.09%	76.93%
Free Cash Flow	216.42	246.66	241.45	344.03	165.97	-162.36
Free Cash Flow Per Share	0.09	0.10	0.11	0.19	0.10	-0.10
Dividend Per Share	0.003	0.003	0.003	0.003	0.152	0.119
Dividend Growth	22.31%	22.31%	4.00%	-98.35%	27.84%	-
Profit Margin	20.03%	25.14%	26.34%	23.07%	25.87%	23.58%
Free Cash Flow Margin	18.64%	24.66%	26.50%	36.67%	21.25%	-22.94%
EBITDA	408.99	436.85	395.18	386.88	345.8	299.48
EBITDA Margin	35.22%	43.67%	43.37%	41.24%	44.27%	42.31%
D&A For EBITDA	142.28	143.97	141.56	136.02	120.3	94.16
EBIT	266.71	292.88	253.63	250.86	225.5	205.33
EBIT Margin	22.97%	29.28%	27.83%	26.74%	28.87%	29.01%
Effective Tax Rate	4.49%	5.01%	1.37%	0.34%	0.17%	-

Source: S&P Global Market Intelligence. Utility template. Financial Sources.