- The Stock Exchange of Thailand (SET) introduces a new five-dimension financial analysis feature to provide investors with comprehensive perspectives on listed companies' sales, net profits, cash cycle, asset quality, and debt-servicing ability.
- The new feature goes live today on SET website at www.set.or.th to strengthen long-term, quality and insightful investment decisions.
SET Executive Vice President Rungtip Charoenvisuthiwong highlighted that SET remains focused on enhancing investor knowledge and promoting fundamental-based investment decisions. This new tool offers insights into crucial indicators of listed companies' financial health across five key dimensions: sales quality, net profit quality, cash cycle, asset quality, and debt-servicing ability.
"Amid today's heightened market competition and evolving business complexities, profit growth indicators alone cannot provide adequate assessment for investors. Analytical tools that offer multi-dimensional perspectives and signal key financial flags on corporate performance are therefore essential for investment decisions. The new financial statement analysis tool consolidates interrelated metrics from the statement of financial position, the statement of comprehensive income, the statement of cash flows, and financial ratios into a single interface for easier analysis and interpretation. While the tool features built-in analytical guidelines, investors are encouraged to also consider industry-specific factors in their decision-making," SET Executive Vice President said.
In collaboration with expert partners under the Industry Analysis Reports by Business Sector Initiative, SET has provided sector-specific analysis reports on SET-listed and mai-listed companies, available at https://www.settrade.com/th/research/businessanalysis. This ongoing effort aims to provide listed companies and investors with useful information for enhanced investment analysis and decision-making capabilities, contributing to the sustainable development of Thailand's capital market.