View Future GrowthAsset Five Group 過去の業績過去 基準チェック /26Asset Five Groupは、平均年間15.9%の収益成長を遂げていますが、 Real Estate業界の収益は、年間 減少しています。収益は、平均年間2.1% 14.6%収益成長率で 成長しています。 Asset Five Groupの自己資本利益率は3.6%であり、純利益率は4.9%です。主要情報15.92%収益成長率16.16%EPS成長率Real Estate 業界の成長8.35%収益成長率14.63%株主資本利益率3.64%ネット・マージン4.87%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 21First quarter 2026 earnings released: ฿0.01 loss per share (vs ฿0.025 profit in 1Q 2025)First quarter 2026 results: ฿0.01 loss per share (down from ฿0.025 profit in 1Q 2025). Revenue: ฿215.7m (down 24% from 1Q 2025). Net loss: ฿11.9m (down 139% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 24% per year.Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.09 (vs ฿0.38 in FY 2024)Full year 2025 results: EPS: ฿0.09 (down from ฿0.38 in FY 2024). Revenue: ฿1.31b (down 27% from FY 2024). Net income: ฿102.9m (down 77% from FY 2024). Profit margin: 7.8% (down from 25% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.15 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.01 (down from ฿0.15 in 3Q 2024). Revenue: ฿350.1m (down 37% from 3Q 2024). Net income: ฿5.95m (down 97% from 3Q 2024). Profit margin: 1.7% (down from 32% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.06 (vs ฿0.14 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.06 (down from ฿0.14 in 2Q 2024). Revenue: ฿416.6m (down 7.1% from 2Q 2024). Net income: ฿70.9m (down 58% from 2Q 2024). Profit margin: 17% (down from 37% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.12 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03 (down from ฿0.12 in 1Q 2024). Revenue: ฿281.9m (down 40% from 1Q 2024). Net income: ฿30.3m (down 79% from 1Q 2024). Profit margin: 11% (down from 30% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 26Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.42 in FY 2023)Full year 2024 results: EPS: ฿0.38 (down from ฿0.42 in FY 2023). Revenue: ฿1.81b (up 21% from FY 2023). Net income: ฿453.3m (down 11% from FY 2023). Profit margin: 25% (down from 34% in FY 2023). The decrease in margin was driven by higher expenses.すべての更新を表示Recent updatesReported Earnings • May 21First quarter 2026 earnings released: ฿0.01 loss per share (vs ฿0.025 profit in 1Q 2025)First quarter 2026 results: ฿0.01 loss per share (down from ฿0.025 profit in 1Q 2025). Revenue: ฿215.7m (down 24% from 1Q 2025). Net loss: ฿11.9m (down 139% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 24% per year.お知らせ • Apr 23Asset Five Group Public Company Limited Approves Dividend for the Year 2025, Payable on May 14, 2026Asset Five Group Public Company Limited at the Annual General Meeting of Shareholders held on 22 April 2026, approved the dividend payment for the year 2025 at a rate of THB 0.05 per share. The record date for determining the shareholders entitled to receive the dividend was set on March 12, 2026, and the dividend payment date was scheduled for May 14, 2026.Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.09 (vs ฿0.38 in FY 2024)Full year 2025 results: EPS: ฿0.09 (down from ฿0.38 in FY 2024). Revenue: ฿1.31b (down 27% from FY 2024). Net income: ฿102.9m (down 77% from FY 2024). Profit margin: 7.8% (down from 25% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Feb 27+ 1 more updateAsset Five Group Public Company Limited announces Annual dividend, payable on May 14, 2026Asset Five Group Public Company Limited announced Annual dividend of THB 0.0500 per share payable on May 14, 2026, ex-date on March 11, 2026 and record date on March 12, 2026.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.15 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.01 (down from ฿0.15 in 3Q 2024). Revenue: ฿350.1m (down 37% from 3Q 2024). Net income: ฿5.95m (down 97% from 3Q 2024). Profit margin: 1.7% (down from 32% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.06 (vs ฿0.14 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.06 (down from ฿0.14 in 2Q 2024). Revenue: ฿416.6m (down 7.1% from 2Q 2024). Net income: ฿70.9m (down 58% from 2Q 2024). Profit margin: 17% (down from 37% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.12 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03 (down from ฿0.12 in 1Q 2024). Revenue: ฿281.9m (down 40% from 1Q 2024). Net income: ฿30.3m (down 79% from 1Q 2024). Profit margin: 11% (down from 30% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Apr 29Asset Five Group Public Company Limited Approves Appointment of Sakol Pao-In as DirectorAsset Five Group Public Company Limited at its shareholders' meeting held on April 29, 2025 approved to consider the election of increasing the number of directors and appointing one new director namely Mr. Sakol Pao-In.New Risk • Feb 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (50% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿2.92b market cap, or US$86.2m).Reported Earnings • Feb 26Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.42 in FY 2023)Full year 2024 results: EPS: ฿0.38 (down from ฿0.42 in FY 2023). Revenue: ฿1.81b (up 21% from FY 2023). Net income: ฿453.3m (down 11% from FY 2023). Profit margin: 25% (down from 34% in FY 2023). The decrease in margin was driven by higher expenses.お知らせ • Feb 25+ 2 more updatesAsset Five Group Public Company Limited Proposes Dividend for the Fiscal Year 2024, Payable on May 23, 2025Asset Five Group Public Company Limited announced that at its board meeting held on February 24, 2025, approved to propose that the 2025 Annual General Meeting of Shareholders consider and approve the dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.10 per share or not exceeding THB 117,800,004.50. The Board of Directors shall set the record date for the name list of shareholders who are eligible to receive the dividend on March 10, 2025, and the Company will pay the dividend on May 23, 2025.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.14 (vs ฿0.068 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.14 (up from ฿0.068 in 2Q 2023). Revenue: ฿448.5m (up 36% from 2Q 2023). Net income: ฿167.4m (up 102% from 2Q 2023). Profit margin: 37% (up from 25% in 2Q 2023). The increase in margin was driven by higher revenue.お知らせ • Jun 13Asset Five Group Public Company Limited (SET:A5) announces an Equity Buyback for 33,000,000 shares, representing 2.73% for THB 100 million.Asset Five Group Public Company Limited (SET:A5) announces a share repurchase program. Under the program, the company will repurchase up to 33,000,000 shares, representing 2.73% of its issued share capital, for THB 100 million. The repurchase price shall not exceed 115% of the average closing share price of 5 trading days prior to the share repurchase date. The purpose of the program is to manage the company's excess liquidity and reflect appropriate share value due to having retained earnings and high liquidity, including having sufficient working capital to invest in the Company's own shares to increase the rate of Return on Equity, Earning Value per Share, and Book Value Per Share. The program is valid till December 16, 2024. As of March 13, 2024, the company had 1,209,384,615 shares outstanding.New Risk • Jun 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.63b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (33% accrual ratio). Minor Risk Market cap is less than US$100m (฿3.63b market cap, or US$99.4m).Upcoming Dividend • May 02Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 20 May 2024. Trailing yield: 1.5%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (4.5%).お知らせ • Apr 27Asset Five Group Public Company Limited Approves Dividend for the Fiscal Year 2023, Payable on May 20, 2024Asset Five Group Public Company Limited at the AGM held on April 26, 2024 approved the dividend payment in cash dividend and the allocation of net income in 2023 as legal reservation money. Approval of the dividend payment for the fiscal year 2023 at the rate of THB 0.05 per share. The Board of Directors shall set the record date for the name list of shareholders who are eligible to receive the dividend on May 10, 2024, and the Company will pay the dividend on May 20, 2024, and approval to allocate a portion of its annual net profit as a reserve by no less than 5% which is THB 20,710,000.00 total legal reserves, accumulated amount THB 23,760,000.00 representing 3.27% of the registered capital.お知らせ • Mar 01Asset Five Group Public Company Limited Approves Amendment of the Dividend Payment PolicyAsset Five Group Public Company Limited announced that at its board meeting held on February 27, 2024 Approved the Amendment of the Dividend Payment Policy as follows: The Company's dividend payout policy is to pay the rate of 50% of the net profit after taxes and legal reserve of the Company's separate financial statement." However, the dividend payment may be subject to change depending on the Company's performance, investment plan, liquidity, necessity, and other suitability as the Board of Directors deems appropriate for the utmost benefit of the shareholders. The dividend payment policy will be effective from the dividend payment of the Year 2023 onwards.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: ฿0.42 (vs ฿0.081 in FY 2022)Full year 2023 results: EPS: ฿0.42 (up from ฿0.081 in FY 2022). Revenue: ฿1.50b (up 126% from FY 2022). Net income: ฿506.4m (up 418% from FY 2022). Profit margin: 34% (up from 15% in FY 2022). The increase in margin was driven by higher revenue.お知らせ • Nov 15Asset Five Group Public Company Limited Appoints Sasiprapha Saengchai as Company SecretaryThe Board of Directors' Meeting No.5/2023 of Asset Five Group Public Company Limited held on 13th November 2023 has resolved to appoint Miss Sasiprapha Saengchai as Company Secretary, effective from 13 November 2023 onwards.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ฿0.15 (vs ฿0.004 loss in 3Q 2022)Third quarter 2023 results: EPS: ฿0.15 (up from ฿0.004 loss in 3Q 2022). Revenue: ฿427.5m (up 462% from 3Q 2022). Net income: ฿178.3m (up ฿182.6m from 3Q 2022). Profit margin: 42% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.068 (vs ฿0.024 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.068 (up from ฿0.024 in 2Q 2022). Revenue: ฿329.8m (up 44% from 2Q 2022). Net income: ฿82.7m (up 186% from 2Q 2022). Profit margin: 25% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿3.94, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 11x in the Real Estate industry in Thailand. Total returns to shareholders of 67% over the past year.New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (31% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Jan 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ฿3.66, the stock trades at a trailing P/E ratio of 46.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand.Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 24% share price gain to ฿4.30, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improved over the past weekAfter last week's 25% share price gain to ฿3.76, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 12x in the Real Estate industry in Thailand.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sansanee Poolsawat was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿2.72, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 13x in the Real Estate industry in Thailand.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿2.52, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.024 (vs ฿0.004 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.024 (up from ฿0.004 in 2Q 2021). Revenue: ฿229.3m (up 9.2% from 2Q 2021). Net income: ฿28.9m (up 455% from 2Q 2021). Profit margin: 13% (up from 2.5% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿2.20, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 13x in the Real Estate industry in Thailand.Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.041 (vs ฿0.076 in 1Q 2021)First quarter 2022 results: EPS: ฿0.041 (down from ฿0.076 in 1Q 2021). Revenue: ฿322.0m (up 30% from 1Q 2021). Net income: ฿50.1m (down 46% from 1Q 2021). Profit margin: 16% (down from 37% in 1Q 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ฿2.70, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 14x in the Real Estate industry in Thailand.Upcoming Dividend • May 02Upcoming dividend of ฿0.01 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 27 May 2022. Trailing yield: 0.3%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (3.1%).Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Sansanee Poolsawat was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 37% share price gain to ฿2.72, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 15x in the Real Estate industry in Thailand.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 38% share price gain to ฿2.16, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 14x in the Real Estate industry in Thailand.Board Change • Mar 08Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Sansanee Poolsawat was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.収支内訳Asset Five Group の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史SET:A5 収益、費用、利益 ( )THB Millions日付収益収益G+A経費研究開発費31 Mar 261,24861227031 Dec 251,313103241030 Sep 251,37572252030 Jun 251,584244240031 Mar 251,616341220031 Dec 241,806453222030 Sep 241,879648202030 Jun 241,748647193031 Mar 241,629562178031 Dec 231,496506167030 Sep 231,132371144030 Jun 23780188121031 Mar 23680135116031 Dec 2266298114030 Sep 2281796125030 Jun 22938113132031 Mar 2291889135031 Dec 21845131115030 Sep 21879113119030 Jun 21971132126031 Mar 21946141118031 Dec 2082757120030 Sep 2080979110030 Jun 206786298031 Mar 205334486031 Dec 195114380030 Sep 19423-25291030 Jun 19316-27082031 Mar 19292-27475031 Dec 18199-19166030 Sep 1829710057030 Jun 18268252031 Mar 18257452031 Dec 17248-351030 Sep 1735-12031030 Jun 1713-2930031 Mar 1781,16026031 Dec 1641,17727030 Sep 1601,18127030 Jun 1601,13722031 Mar 160-86-19031 Dec 150-8216030 Sep 1564-150330質の高い収益: A5は 高品質の収益 を持っています。利益率の向上: A5の現在の純利益率 (4.9%)は、昨年(21.1%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: A5の収益は過去 5 年間で年間15.9%増加しました。成長の加速: A5は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: A5は過去 1 年間で収益成長率がマイナス ( -82.2% ) となったため、 Real Estate業界平均 ( -7.2% ) と比較することが困難です。株主資本利益率高いROE: A5の 自己資本利益率 ( 3.6% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/16 17:05終値2026/07/16 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Asset Five Group Public Company Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 21First quarter 2026 earnings released: ฿0.01 loss per share (vs ฿0.025 profit in 1Q 2025)First quarter 2026 results: ฿0.01 loss per share (down from ฿0.025 profit in 1Q 2025). Revenue: ฿215.7m (down 24% from 1Q 2025). Net loss: ฿11.9m (down 139% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 24% per year.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.09 (vs ฿0.38 in FY 2024)Full year 2025 results: EPS: ฿0.09 (down from ฿0.38 in FY 2024). Revenue: ฿1.31b (down 27% from FY 2024). Net income: ฿102.9m (down 77% from FY 2024). Profit margin: 7.8% (down from 25% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.15 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.01 (down from ฿0.15 in 3Q 2024). Revenue: ฿350.1m (down 37% from 3Q 2024). Net income: ฿5.95m (down 97% from 3Q 2024). Profit margin: 1.7% (down from 32% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.06 (vs ฿0.14 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.06 (down from ฿0.14 in 2Q 2024). Revenue: ฿416.6m (down 7.1% from 2Q 2024). Net income: ฿70.9m (down 58% from 2Q 2024). Profit margin: 17% (down from 37% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.12 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03 (down from ฿0.12 in 1Q 2024). Revenue: ฿281.9m (down 40% from 1Q 2024). Net income: ฿30.3m (down 79% from 1Q 2024). Profit margin: 11% (down from 30% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 26Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.42 in FY 2023)Full year 2024 results: EPS: ฿0.38 (down from ฿0.42 in FY 2023). Revenue: ฿1.81b (up 21% from FY 2023). Net income: ฿453.3m (down 11% from FY 2023). Profit margin: 25% (down from 34% in FY 2023). The decrease in margin was driven by higher expenses.
Reported Earnings • May 21First quarter 2026 earnings released: ฿0.01 loss per share (vs ฿0.025 profit in 1Q 2025)First quarter 2026 results: ฿0.01 loss per share (down from ฿0.025 profit in 1Q 2025). Revenue: ฿215.7m (down 24% from 1Q 2025). Net loss: ฿11.9m (down 139% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 22% per year whereas the company’s share price has fallen by 24% per year.
お知らせ • Apr 23Asset Five Group Public Company Limited Approves Dividend for the Year 2025, Payable on May 14, 2026Asset Five Group Public Company Limited at the Annual General Meeting of Shareholders held on 22 April 2026, approved the dividend payment for the year 2025 at a rate of THB 0.05 per share. The record date for determining the shareholders entitled to receive the dividend was set on March 12, 2026, and the dividend payment date was scheduled for May 14, 2026.
Reported Earnings • Mar 02Full year 2025 earnings released: EPS: ฿0.09 (vs ฿0.38 in FY 2024)Full year 2025 results: EPS: ฿0.09 (down from ฿0.38 in FY 2024). Revenue: ฿1.31b (down 27% from FY 2024). Net income: ฿102.9m (down 77% from FY 2024). Profit margin: 7.8% (down from 25% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Feb 27+ 1 more updateAsset Five Group Public Company Limited announces Annual dividend, payable on May 14, 2026Asset Five Group Public Company Limited announced Annual dividend of THB 0.0500 per share payable on May 14, 2026, ex-date on March 11, 2026 and record date on March 12, 2026.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: ฿0.01 (vs ฿0.15 in 3Q 2024)Third quarter 2025 results: EPS: ฿0.01 (down from ฿0.15 in 3Q 2024). Revenue: ฿350.1m (down 37% from 3Q 2024). Net income: ฿5.95m (down 97% from 3Q 2024). Profit margin: 1.7% (down from 32% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: ฿0.06 (vs ฿0.14 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.06 (down from ฿0.14 in 2Q 2024). Revenue: ฿416.6m (down 7.1% from 2Q 2024). Net income: ฿70.9m (down 58% from 2Q 2024). Profit margin: 17% (down from 37% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.03 (vs ฿0.12 in 1Q 2024)First quarter 2025 results: EPS: ฿0.03 (down from ฿0.12 in 1Q 2024). Revenue: ฿281.9m (down 40% from 1Q 2024). Net income: ฿30.3m (down 79% from 1Q 2024). Profit margin: 11% (down from 30% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Apr 29Asset Five Group Public Company Limited Approves Appointment of Sakol Pao-In as DirectorAsset Five Group Public Company Limited at its shareholders' meeting held on April 29, 2025 approved to consider the election of increasing the number of directors and appointing one new director namely Mr. Sakol Pao-In.
New Risk • Feb 27New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (50% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (฿2.92b market cap, or US$86.2m).
Reported Earnings • Feb 26Full year 2024 earnings released: EPS: ฿0.38 (vs ฿0.42 in FY 2023)Full year 2024 results: EPS: ฿0.38 (down from ฿0.42 in FY 2023). Revenue: ฿1.81b (up 21% from FY 2023). Net income: ฿453.3m (down 11% from FY 2023). Profit margin: 25% (down from 34% in FY 2023). The decrease in margin was driven by higher expenses.
お知らせ • Feb 25+ 2 more updatesAsset Five Group Public Company Limited Proposes Dividend for the Fiscal Year 2024, Payable on May 23, 2025Asset Five Group Public Company Limited announced that at its board meeting held on February 24, 2025, approved to propose that the 2025 Annual General Meeting of Shareholders consider and approve the dividend payment for the fiscal year 2024 performance from 1 January 2024 to 31 December 2024 in the form of cash dividend at the rate of THB 0.10 per share or not exceeding THB 117,800,004.50. The Board of Directors shall set the record date for the name list of shareholders who are eligible to receive the dividend on March 10, 2025, and the Company will pay the dividend on May 23, 2025.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ฿0.14 (vs ฿0.068 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.14 (up from ฿0.068 in 2Q 2023). Revenue: ฿448.5m (up 36% from 2Q 2023). Net income: ฿167.4m (up 102% from 2Q 2023). Profit margin: 37% (up from 25% in 2Q 2023). The increase in margin was driven by higher revenue.
お知らせ • Jun 13Asset Five Group Public Company Limited (SET:A5) announces an Equity Buyback for 33,000,000 shares, representing 2.73% for THB 100 million.Asset Five Group Public Company Limited (SET:A5) announces a share repurchase program. Under the program, the company will repurchase up to 33,000,000 shares, representing 2.73% of its issued share capital, for THB 100 million. The repurchase price shall not exceed 115% of the average closing share price of 5 trading days prior to the share repurchase date. The purpose of the program is to manage the company's excess liquidity and reflect appropriate share value due to having retained earnings and high liquidity, including having sufficient working capital to invest in the Company's own shares to increase the rate of Return on Equity, Earning Value per Share, and Book Value Per Share. The program is valid till December 16, 2024. As of March 13, 2024, the company had 1,209,384,615 shares outstanding.
New Risk • Jun 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ฿3.63b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (33% accrual ratio). Minor Risk Market cap is less than US$100m (฿3.63b market cap, or US$99.4m).
Upcoming Dividend • May 02Upcoming dividend of ฿0.05 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 20 May 2024. Trailing yield: 1.5%. Lower than top quartile of Thai dividend payers (6.0%). Lower than average of industry peers (4.5%).
お知らせ • Apr 27Asset Five Group Public Company Limited Approves Dividend for the Fiscal Year 2023, Payable on May 20, 2024Asset Five Group Public Company Limited at the AGM held on April 26, 2024 approved the dividend payment in cash dividend and the allocation of net income in 2023 as legal reservation money. Approval of the dividend payment for the fiscal year 2023 at the rate of THB 0.05 per share. The Board of Directors shall set the record date for the name list of shareholders who are eligible to receive the dividend on May 10, 2024, and the Company will pay the dividend on May 20, 2024, and approval to allocate a portion of its annual net profit as a reserve by no less than 5% which is THB 20,710,000.00 total legal reserves, accumulated amount THB 23,760,000.00 representing 3.27% of the registered capital.
お知らせ • Mar 01Asset Five Group Public Company Limited Approves Amendment of the Dividend Payment PolicyAsset Five Group Public Company Limited announced that at its board meeting held on February 27, 2024 Approved the Amendment of the Dividend Payment Policy as follows: The Company's dividend payout policy is to pay the rate of 50% of the net profit after taxes and legal reserve of the Company's separate financial statement." However, the dividend payment may be subject to change depending on the Company's performance, investment plan, liquidity, necessity, and other suitability as the Board of Directors deems appropriate for the utmost benefit of the shareholders. The dividend payment policy will be effective from the dividend payment of the Year 2023 onwards.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: ฿0.42 (vs ฿0.081 in FY 2022)Full year 2023 results: EPS: ฿0.42 (up from ฿0.081 in FY 2022). Revenue: ฿1.50b (up 126% from FY 2022). Net income: ฿506.4m (up 418% from FY 2022). Profit margin: 34% (up from 15% in FY 2022). The increase in margin was driven by higher revenue.
お知らせ • Nov 15Asset Five Group Public Company Limited Appoints Sasiprapha Saengchai as Company SecretaryThe Board of Directors' Meeting No.5/2023 of Asset Five Group Public Company Limited held on 13th November 2023 has resolved to appoint Miss Sasiprapha Saengchai as Company Secretary, effective from 13 November 2023 onwards.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: ฿0.15 (vs ฿0.004 loss in 3Q 2022)Third quarter 2023 results: EPS: ฿0.15 (up from ฿0.004 loss in 3Q 2022). Revenue: ฿427.5m (up 462% from 3Q 2022). Net income: ฿178.3m (up ฿182.6m from 3Q 2022). Profit margin: 42% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.068 (vs ฿0.024 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.068 (up from ฿0.024 in 2Q 2022). Revenue: ฿329.8m (up 44% from 2Q 2022). Net income: ฿82.7m (up 186% from 2Q 2022). Profit margin: 25% (up from 13% in 2Q 2022). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ฿3.94, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 11x in the Real Estate industry in Thailand. Total returns to shareholders of 67% over the past year.
New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (31% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ฿3.66, the stock trades at a trailing P/E ratio of 46.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand.
Valuation Update With 7 Day Price Move • Dec 13Investor sentiment improved over the past weekAfter last week's 24% share price gain to ฿4.30, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improved over the past weekAfter last week's 25% share price gain to ฿3.76, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 12x in the Real Estate industry in Thailand.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Sansanee Poolsawat was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ฿2.72, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 13x in the Real Estate industry in Thailand.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to ฿2.52, the stock trades at a trailing P/E ratio of 27.1x. Average trailing P/E is 14x in the Real Estate industry in Thailand.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ฿0.024 (vs ฿0.004 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.024 (up from ฿0.004 in 2Q 2021). Revenue: ฿229.3m (up 9.2% from 2Q 2021). Net income: ฿28.9m (up 455% from 2Q 2021). Profit margin: 13% (up from 2.5% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ฿2.20, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 13x in the Real Estate industry in Thailand.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: ฿0.041 (vs ฿0.076 in 1Q 2021)First quarter 2022 results: EPS: ฿0.041 (down from ฿0.076 in 1Q 2021). Revenue: ฿322.0m (up 30% from 1Q 2021). Net income: ฿50.1m (down 46% from 1Q 2021). Profit margin: 16% (down from 37% in 1Q 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ฿2.70, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 14x in the Real Estate industry in Thailand.
Upcoming Dividend • May 02Upcoming dividend of ฿0.01 per shareEligible shareholders must have bought the stock before 09 May 2022. Payment date: 27 May 2022. Trailing yield: 0.3%. Lower than top quartile of Thai dividend payers (5.1%). Lower than average of industry peers (3.1%).
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Sansanee Poolsawat was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 37% share price gain to ฿2.72, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 15x in the Real Estate industry in Thailand.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improved over the past weekAfter last week's 38% share price gain to ฿2.16, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 14x in the Real Estate industry in Thailand.
Board Change • Mar 08Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Sansanee Poolsawat was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.