Sermsang Power Corporation
A company operating solar farms in Japan and Thailand.
| THB | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 48 % | 56 % | 53 % | (1 %) | 13 % | (13 %) | 7 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 116 % | 99 % | 80 % | 79 % | 76 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 56 % | 42 % | 42 % | 26 % | 22 % | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Sermsang Power Corporation PLC (SSP) is a prominent renewable energy producer and distributor based in Bangkok, Thailand. The company focuses on generating and supplying clean energy through various renewable sources such as solar, wind, and biofuel. SSP operates in multiple Asian markets, including Thailand, Japan, Vietnam, and Mongolia, with a diversified portfolio of projects totaling over 296 MW in capacity. The company primarily serves governments, industrial clients, and utility companies seeking sustainable energy solutions.
SSP's business model revolves around developing, investing in, and operating renewable energy projects. The company generates revenue through the sale of electricity produced by its renewable energy assets, as well as through long-term power purchase agreements (PPAs) with clients. By leveraging its expertise in renewable energy, SSP aims to achieve a total capacity of 400 MW by 2025, contributing to the region's energy independence and environmental sustainability.
Keywords: renewable energy, solar power, wind energy, biofuel, sustainable growth, power purchase agreements, Asia, clean energy, utility companies, industrial clients.