A comparative study of the profitability ratios of companies listed on the THSI sustainable stocks list for companies listed on the Stock Exchange of Thailand. Service industry group Commercial business category

Abstract

          In the current situation, investors are paying more attention to companies that have ESG policies or strategies and are starting to give importance to investing in companies that are listed on the THSI sustainable stocks list. This research has the objectives 1) to compare the profitability ratios. of companies that have a list of THSI sustainable stocks and companies that do not have a list of THSI sustainable stocks and 2) to compare the profitability ratio before and after of companies that have a list of THSI sustainable stocks for companies listed on the Stock Exchange of Thailand in Service industry group Commercial business category The researcher collected secondary data from www.setsmart.com The example in this research is a company listed as a sustainable stock, THSI, a company listed on the Stock Exchange of Thailand in the service industry group. Commercial business category The conditions include companies that have a list of THSI sustainable stocks and companies that do not have a list of THSI sustainable stocks with complete disclosure of information or operating results on the stock exchange for more than 6 years between January 2018 and December 2023. It was found that there were a total of 20 companies. The researcher chose to use descriptive statistical analysis. and inferential statistics, data analysis using Independent Samples t-test and Paired Sample t-test.
          The results of the research found that 1) the group of companies listed on the Stock Exchange of Thailand that have a list of sustainable stocks, THSI, has a profitability ratio. Return on assets (ROA), return on equity (ROE), and earnings per share (EPS) are significantly different from companies that do not have a list of THSI sustainable stocks. 2) Group of companies Listed on the Stock Exchange of Thailand in the service industry group In the commercial business category, after 5 out of 6 companies were listed on the THSI sustainable stocks list, there was a statistically significant difference from before the THSI sustainable stocks list. But it was found that the return on assets (ROA) and return on equity (ROE) of 3 out of 6 companies were average. The latter is more than before with the listing of LI sustainable stocks, and the earnings per share (EPS) ratio of 4 out of 6 companies is average. After more than before there is a list of sustainable stocks THIS