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If laptop continue heating after you changed thermal compound does it necessarily means that it's something to do with thermal compound (bad quality or wrong applied). Taking into account the fact that the other part of cooling system is fine. Can be something wrong with CPU itself ?
Unless your using thermal compound you bought by the pound (see YouTube video by Linus Tech to understand this reference), then no, it's unlikely the quality of the compound. If you didn't apply the correct amount then, that might be it, but way to broad to say for certian – Ramhound – 2017-05-06T17:19:41.030
Maybe you bought a tube of whatever, that is everything but thermal compound. If the cooling device doesn't get the heat away from the chip, then you have a bad connection – Tobias Knauss – 2017-05-06T20:12:28.320