Bless Asset Group (BLESS) 주식 개요블레스 에셋 그룹 퍼블릭 컴퍼니는 태국에서 토지와 주택을 개발 및 판매하는 회사입니다. 자세히 보기BLESS 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장0/6과거 실적0/6재무 건전성3/6배당0/6강점공정 가치 추정치보다 낮은 94.4% 에서 거래위험 분석의미 있는 시가총액이 없습니다(THB208M)이자 지급액이 수익으로 잘 충당되지 않음지난 5년간 매년 수익이 56.2% 감소했습니다.지난 3개월 동안 주가 변동성이 TH 시장과 비교해 높았습니다.모든 위험 점검 보기BLESS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value฿Current Price฿0.2659.4% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-3m864m2016201920222025202620282031Revenue ฿423.3mEarnings ฿75.8mAdvancedSet Fair ValueView all narrativesBless Asset Group Public Company Limited 경쟁사ChewathaiSymbol: SET:CHEWAMarket cap: ฿216.8mEverlandSymbol: SET:EVERMarket cap: ฿194.2mSivarom Real EstateSymbol: SET:SVRMarket cap: ฿147.9mMajor DevelopmentSymbol: SET:MJDMarket cap: ฿275.3m가격 이력 및 성과Bless Asset Group 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가฿0.2652주 최고가฿0.3752주 최저가฿0.18베타0.131개월 변동4.00%3개월 변동4.00%1년 변동-7.14%3년 변동-67.09%5년 변동n/aIPO 이후 변동-81.43%최근 뉴스 및 업데이트Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.013 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.013 (up from ฿0.01 in FY 2024). Revenue: ฿357.6m (down 15% from FY 2024). Net income: ฿10.3m (up 29% from FY 2024). Profit margin: 2.9% (up from 1.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.공시 • Feb 26Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026, at 10:00 SE Asia Standard Time. Location: hybrid meeting, sc park hotel, ThailandBuy Or Sell Opportunity • Dec 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.공시 • Oct 06Bless Asset Group Public Company Limited Announces CFO Changes, Effective 3 October 2025Bless Asset Group Public Company Limited announces termination of Namchai Vanapanubet as Position of CFO: Senior Vice President, effective 3 October 2025 and appointed Nipha Aphirattanarungruang as Position of CFO: Senior Vice President, effective 3 October 2025.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (down from ฿0.005 in 2Q 2024). Revenue: ฿82.9m (down 28% from 2Q 2024). Net income: ฿1.04m (down 75% from 2Q 2024). Profit margin: 1.3% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.더 많은 업데이트 보기Recent updatesReported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.013 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.013 (up from ฿0.01 in FY 2024). Revenue: ฿357.6m (down 15% from FY 2024). Net income: ฿10.3m (up 29% from FY 2024). Profit margin: 2.9% (up from 1.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.공시 • Feb 26Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026, at 10:00 SE Asia Standard Time. Location: hybrid meeting, sc park hotel, ThailandBuy Or Sell Opportunity • Dec 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.공시 • Oct 06Bless Asset Group Public Company Limited Announces CFO Changes, Effective 3 October 2025Bless Asset Group Public Company Limited announces termination of Namchai Vanapanubet as Position of CFO: Senior Vice President, effective 3 October 2025 and appointed Nipha Aphirattanarungruang as Position of CFO: Senior Vice President, effective 3 October 2025.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (down from ฿0.005 in 2Q 2024). Revenue: ฿82.9m (down 28% from 2Q 2024). Net income: ฿1.04m (down 75% from 2Q 2024). Profit margin: 1.3% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.006 (vs ฿0.01 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.006 (up from ฿0.01 loss in 1Q 2024). Revenue: ฿74.1m (up 16% from 1Q 2024). Net income: ฿5.06m (up ฿13.2m from 1Q 2024). Profit margin: 6.8% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue.New Risk • Apr 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (฿152.0m market cap, or US$4.47m).New Risk • Mar 06New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (฿208.0m market cap, or US$6.19m). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).Reported Earnings • Feb 26Full year 2024 earnings released: EPS: ฿0.01 (vs ฿0.012 in FY 2023)Full year 2024 results: EPS: ฿0.01 (down from ฿0.012 in FY 2023). Revenue: ฿421.3m (down 3.1% from FY 2023). Net income: ฿8.02m (down 17% from FY 2023). Profit margin: 1.9% (down from 2.2% in FY 2023). The decrease in margin was driven by lower revenue.공시 • Feb 26Bless Asset Group Public Company Limited, Annual General Meeting, Apr 29, 2025Bless Asset Group Public Company Limited, Annual General Meeting, Apr 29, 2025, at 10:00 SE Asia Standard Time. Location: sc park hotel no. 474 praditmanutham rd., wang, thonglang subdistrict, wang thonglang district, bangkok ThailandNew Risk • Nov 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿336.0m (US$9.80m) This is considered a major 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). Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (฿336.0m market cap, or US$9.80m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change).New Risk • Nov 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 49% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿344.0m market cap, or US$10.1m).공시 • Oct 02+ 1 more updateBless Asset Group Public Company Limited Announces Resignation of Mr. Aruch Changthong as Executive DirectorBless Asset Group Public Company Limited informed that Mr. Aruch Changthong has requested to resign from the position of Executive Director of company, effective from 1 October 2024 onwards. However, this resignation will not affect the Company's operations in any way, as the CEO will continue to oversee and be responsible for the work that was previously under the responsibility of the Co-CEO.Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: ฿0.005 (vs ฿0.019 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.005 (down from ฿0.019 in 2Q 2023). Revenue: ฿115.5m (down 31% from 2Q 2023). Net income: ฿4.15m (down 72% from 2Q 2023). Profit margin: 3.6% (down from 8.9% in 2Q 2023). The decrease in margin was driven by lower revenue.New Risk • Aug 05New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿336.0m (US$9.53m) This is considered a major 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 Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (฿336.0m market cap, or US$9.53m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 12First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.006 profit in 1Q 2023)First quarter 2024 results: ฿0.01 loss per share (down from ฿0.006 profit in 1Q 2023). Revenue: ฿63.7m (down 41% from 1Q 2023). Net loss: ฿8.13m (down 264% from profit in 1Q 2023).Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.012 (vs ฿0.061 in FY 2022)Full year 2023 results: EPS: ฿0.012 (down from ฿0.061 in FY 2022). Revenue: ฿434.8m (down 34% from FY 2022). Net income: ฿9.62m (down 77% from FY 2022). Profit margin: 2.2% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue.공시 • Mar 02Bless Asset Group Public Company Limited, Annual General Meeting, Apr 26, 2024Bless Asset Group Public Company Limited, Annual General Meeting, Apr 26, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider Matter to be informed by the Chairman; to consider and certify the Minutes of The Annual general meeting of shareholders for the year 2023 of Bless Asset Group Public Company Limited held on April 25, 2023; to consider and acknowledge the 2023 operational results of the Company and the Annual Report of the Company; to consider and approve the Financial Statement and Comprehensive Income Statement for the year ending 31 December 2023 which have been audited by the certified public accountant; to consider and approve the omission of dividend payment for the year 2023; to consider and approve the re-election of the directors who are due to retire by rotation; to consider and approve the directors' remuneration for the year 2024; to consider and approve the appointment of the auditors, and the determination of the audit fee for the year 2024; and to consider Other matters.Buy Or Sell Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock has risen 14% to ฿0.66. The fair value is estimated to be ฿0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 77%.Buy Or Sell Opportunity • Feb 20Now 20% undervaluedOver the last 90 days, the stock has risen 10.0% to ฿0.66. The fair value is estimated to be ฿0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 77%.공시 • Dec 14Bless Asset Group Public Company Limited Approves Aruch Changthong as Co-Chief Executive Officer, Effective January 1, 2024Bless Asset Group Public Company Limited informed the resolutions of the Board of Director's Meeting No.5/2023 held on December 14, 2023, following details; Passed the resolution to appoint Mr. Aruch Changthong to be a Co-Chief Executive Officer, effective from January 1, 2024 onwards.Buying Opportunity • Dec 13Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be ฿0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 77%.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0 (vs ฿0.01 in 3Q 2022)Third quarter 2023 results: EPS: ฿0 (down from ฿0.01 in 3Q 2022). Revenue: ฿94.2m (down 39% from 3Q 2022). Net income: ฿262.7k (down 96% from 3Q 2022). Profit margin: 0.3% (down from 4.5% in 3Q 2022). The decrease in margin was driven by lower revenue.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.019 (vs ฿0.01 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.019 (up from ฿0.01 in 2Q 2022). Revenue: ฿167.8m (up 11% from 2Q 2022). Net income: ฿15.0m (up 158% from 2Q 2022). Profit margin: 8.9% (up from 3.8% in 2Q 2022). The increase in margin was driven by higher revenue.공시 • May 17Bless Asset Group Public Company Limited Announces Appointment of Mr. Namchai Vanapanubet as Senior Vice President Accounting and FinanceBless Asset Group Public Company Limited announced appointment of Mr. Namchai Vanapanubet as Senior Vice President Accounting And Finance, effective date of appointment of 16 May 2023.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: ฿0.061 (vs ฿0.18 in FY 2021)Full year 2022 results: EPS: ฿0.061 (down from ฿0.18 in FY 2021). Revenue: ฿662.9m (down 17% from FY 2021). Net income: ฿42.4m (down 47% from FY 2021). Profit margin: 6.4% (down from 10.0% in FY 2021). The decrease in margin was driven by lower revenue.Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.045 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.01 (down from ฿0.045 in 2Q 2021). Revenue: ฿150.8m (down 22% from 2Q 2021). Net income: ฿5.80m (down 69% from 2Q 2021). Profit margin: 3.8% (down from 9.6% in 2Q 2021). The decrease in margin was driven by lower revenue.Reported Earnings • Jul 10First quarter 2022 earnings released: EPS: ฿0.022 (vs ฿0.071 in 1Q 2021)First quarter 2022 results: EPS: ฿0.022 (down from ฿0.071 in 1Q 2021). Revenue: ฿174.2m (down 25% from 1Q 2021). Net income: ฿13.5m (down 52% from 1Q 2021). Profit margin: 7.7% (down from 12% in 1Q 2021). The decrease in margin was driven by lower revenue.주주 수익률BLESSTH Real EstateTH 시장7D18.2%2.0%-0.4%1Y-7.1%18.9%31.6%전체 주주 수익률 보기수익률 대 산업: BLESS은 지난 1년 동안 18.9%의 수익을 기록한 TH Real Estate 산업보다 저조한 성과를 냈습니다.수익률 대 시장: BLESS은 지난 1년 동안 31.6%를 기록한 TH 시장보다 저조한 성과를 냈습니다.주가 변동성Is BLESS's price volatile compared to industry and market?BLESS volatilityBLESS Average Weekly Movement9.5%Real Estate Industry Average Movement5.0%Market Average Movement4.9%10% most volatile stocks in TH Market10.3%10% least volatile stocks in TH Market2.6%안정적인 주가: BLESS의 주가는 지난 3개월 동안 TH 시장보다 변동성이 컸습니다.시간에 따른 변동성: BLESS의 주간 변동성(10%)은 지난 1년 동안 안정적이었지만 TH 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트2010n/aChaiwat Kovitchindachaiwww.bagroup.co.th블레스 에셋 그룹 퍼블릭 컴퍼니는 태국에서 토지와 주택을 개발 및 판매하는 회사입니다. 이 회사는 타운홈과 콘도미니엄 유닛을 개발합니다. 블레스 에셋 그룹 퍼블릭 컴퍼니는 2010년에 설립되었으며 태국 방콕에 본사를 두고 있습니다.더 보기Bless Asset Group Public Company Limited 기초 지표 요약Bless Asset Group의 순이익과 매출은 시가총액과 어떻게 비교됩니까?BLESS 기초 통계시가총액฿208.00m순이익 (TTM)-฿86.38k매출 (TTM)฿423.27m0.5x주가매출비율(P/S)-2,408x주가수익비율(P/E)BLESS는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표BLESS 손익계산서 (TTM)매출฿423.27m매출원가฿267.64m총이익฿155.63m기타 비용฿155.72m순이익-฿86.38k최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-0.00011총이익률36.77%순이익률-0.02%부채/자본 비율71.2%BLESS의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 11:19종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Bless Asset Group Public Company Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.013 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.013 (up from ฿0.01 in FY 2024). Revenue: ฿357.6m (down 15% from FY 2024). Net income: ฿10.3m (up 29% from FY 2024). Profit margin: 2.9% (up from 1.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.
공시 • Feb 26Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026, at 10:00 SE Asia Standard Time. Location: hybrid meeting, sc park hotel, Thailand
Buy Or Sell Opportunity • Dec 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Oct 06Bless Asset Group Public Company Limited Announces CFO Changes, Effective 3 October 2025Bless Asset Group Public Company Limited announces termination of Namchai Vanapanubet as Position of CFO: Senior Vice President, effective 3 October 2025 and appointed Nipha Aphirattanarungruang as Position of CFO: Senior Vice President, effective 3 October 2025.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (down from ฿0.005 in 2Q 2024). Revenue: ฿82.9m (down 28% from 2Q 2024). Net income: ฿1.04m (down 75% from 2Q 2024). Profit margin: 1.3% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: ฿0.013 (vs ฿0.01 in FY 2024)Full year 2025 results: EPS: ฿0.013 (up from ฿0.01 in FY 2024). Revenue: ฿357.6m (down 15% from FY 2024). Net income: ฿10.3m (up 29% from FY 2024). Profit margin: 2.9% (up from 1.9% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 34% per year, which means it has not declined as severely as earnings.
공시 • Feb 26Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026Bless Asset Group Public Company Limited, Annual General Meeting, Apr 28, 2026, at 10:00 SE Asia Standard Time. Location: hybrid meeting, sc park hotel, Thailand
Buy Or Sell Opportunity • Dec 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Dec 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 27% to ฿0.22. The fair value is estimated to be ฿0.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 23% over the last 3 years. Meanwhile, the company has become profitable.
공시 • Oct 06Bless Asset Group Public Company Limited Announces CFO Changes, Effective 3 October 2025Bless Asset Group Public Company Limited announces termination of Namchai Vanapanubet as Position of CFO: Senior Vice President, effective 3 October 2025 and appointed Nipha Aphirattanarungruang as Position of CFO: Senior Vice President, effective 3 October 2025.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: ฿0.001 (vs ฿0.005 in 2Q 2024)Second quarter 2025 results: EPS: ฿0.001 (down from ฿0.005 in 2Q 2024). Revenue: ฿82.9m (down 28% from 2Q 2024). Net income: ฿1.04m (down 75% from 2Q 2024). Profit margin: 1.3% (down from 3.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ฿0.006 (vs ฿0.01 loss in 1Q 2024)First quarter 2025 results: EPS: ฿0.006 (up from ฿0.01 loss in 1Q 2024). Revenue: ฿74.1m (up 16% from 1Q 2024). Net income: ฿5.06m (up ฿13.2m from 1Q 2024). Profit margin: 6.8% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue.
New Risk • Apr 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (฿152.0m market cap, or US$4.47m).
New Risk • Mar 06New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 53% per year over the past 5 years. Market cap is less than US$10m (฿208.0m market cap, or US$6.19m). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).
Reported Earnings • Feb 26Full year 2024 earnings released: EPS: ฿0.01 (vs ฿0.012 in FY 2023)Full year 2024 results: EPS: ฿0.01 (down from ฿0.012 in FY 2023). Revenue: ฿421.3m (down 3.1% from FY 2023). Net income: ฿8.02m (down 17% from FY 2023). Profit margin: 1.9% (down from 2.2% in FY 2023). The decrease in margin was driven by lower revenue.
공시 • Feb 26Bless Asset Group Public Company Limited, Annual General Meeting, Apr 29, 2025Bless Asset Group Public Company Limited, Annual General Meeting, Apr 29, 2025, at 10:00 SE Asia Standard Time. Location: sc park hotel no. 474 praditmanutham rd., wang, thonglang subdistrict, wang thonglang district, bangkok Thailand
New Risk • Nov 07New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿336.0m (US$9.80m) This is considered a major 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). Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (฿336.0m market cap, or US$9.80m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change).
New Risk • Nov 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Thai stocks, typically moving 11% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. 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). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 49% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (฿344.0m market cap, or US$10.1m).
공시 • Oct 02+ 1 more updateBless Asset Group Public Company Limited Announces Resignation of Mr. Aruch Changthong as Executive DirectorBless Asset Group Public Company Limited informed that Mr. Aruch Changthong has requested to resign from the position of Executive Director of company, effective from 1 October 2024 onwards. However, this resignation will not affect the Company's operations in any way, as the CEO will continue to oversee and be responsible for the work that was previously under the responsibility of the Co-CEO.
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: ฿0.005 (vs ฿0.019 in 2Q 2023)Second quarter 2024 results: EPS: ฿0.005 (down from ฿0.019 in 2Q 2023). Revenue: ฿115.5m (down 31% from 2Q 2023). Net income: ฿4.15m (down 72% from 2Q 2023). Profit margin: 3.6% (down from 8.9% in 2Q 2023). The decrease in margin was driven by lower revenue.
New Risk • Aug 05New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿336.0m (US$9.53m) This is considered a major 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 Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (฿336.0m market cap, or US$9.53m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 12First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.006 profit in 1Q 2023)First quarter 2024 results: ฿0.01 loss per share (down from ฿0.006 profit in 1Q 2023). Revenue: ฿63.7m (down 41% from 1Q 2023). Net loss: ฿8.13m (down 264% from profit in 1Q 2023).
Reported Earnings • Mar 02Full year 2023 earnings released: EPS: ฿0.012 (vs ฿0.061 in FY 2022)Full year 2023 results: EPS: ฿0.012 (down from ฿0.061 in FY 2022). Revenue: ฿434.8m (down 34% from FY 2022). Net income: ฿9.62m (down 77% from FY 2022). Profit margin: 2.2% (down from 6.4% in FY 2022). The decrease in margin was driven by lower revenue.
공시 • Mar 02Bless Asset Group Public Company Limited, Annual General Meeting, Apr 26, 2024Bless Asset Group Public Company Limited, Annual General Meeting, Apr 26, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider Matter to be informed by the Chairman; to consider and certify the Minutes of The Annual general meeting of shareholders for the year 2023 of Bless Asset Group Public Company Limited held on April 25, 2023; to consider and acknowledge the 2023 operational results of the Company and the Annual Report of the Company; to consider and approve the Financial Statement and Comprehensive Income Statement for the year ending 31 December 2023 which have been audited by the certified public accountant; to consider and approve the omission of dividend payment for the year 2023; to consider and approve the re-election of the directors who are due to retire by rotation; to consider and approve the directors' remuneration for the year 2024; to consider and approve the appointment of the auditors, and the determination of the audit fee for the year 2024; and to consider Other matters.
Buy Or Sell Opportunity • Feb 27Now 21% undervaluedOver the last 90 days, the stock has risen 14% to ฿0.66. The fair value is estimated to be ฿0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 77%.
Buy Or Sell Opportunity • Feb 20Now 20% undervaluedOver the last 90 days, the stock has risen 10.0% to ฿0.66. The fair value is estimated to be ฿0.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 77%.
공시 • Dec 14Bless Asset Group Public Company Limited Approves Aruch Changthong as Co-Chief Executive Officer, Effective January 1, 2024Bless Asset Group Public Company Limited informed the resolutions of the Board of Director's Meeting No.5/2023 held on December 14, 2023, following details; Passed the resolution to appoint Mr. Aruch Changthong to be a Co-Chief Executive Officer, effective from January 1, 2024 onwards.
Buying Opportunity • Dec 13Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be ฿0.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 77%.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ฿0 (vs ฿0.01 in 3Q 2022)Third quarter 2023 results: EPS: ฿0 (down from ฿0.01 in 3Q 2022). Revenue: ฿94.2m (down 39% from 3Q 2022). Net income: ฿262.7k (down 96% from 3Q 2022). Profit margin: 0.3% (down from 4.5% in 3Q 2022). The decrease in margin was driven by lower revenue.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ฿0.019 (vs ฿0.01 in 2Q 2022)Second quarter 2023 results: EPS: ฿0.019 (up from ฿0.01 in 2Q 2022). Revenue: ฿167.8m (up 11% from 2Q 2022). Net income: ฿15.0m (up 158% from 2Q 2022). Profit margin: 8.9% (up from 3.8% in 2Q 2022). The increase in margin was driven by higher revenue.
공시 • May 17Bless Asset Group Public Company Limited Announces Appointment of Mr. Namchai Vanapanubet as Senior Vice President Accounting and FinanceBless Asset Group Public Company Limited announced appointment of Mr. Namchai Vanapanubet as Senior Vice President Accounting And Finance, effective date of appointment of 16 May 2023.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: ฿0.061 (vs ฿0.18 in FY 2021)Full year 2022 results: EPS: ฿0.061 (down from ฿0.18 in FY 2021). Revenue: ฿662.9m (down 17% from FY 2021). Net income: ฿42.4m (down 47% from FY 2021). Profit margin: 6.4% (down from 10.0% in FY 2021). The decrease in margin was driven by lower revenue.
Reported Earnings • Aug 21Second quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.045 in 2Q 2021)Second quarter 2022 results: EPS: ฿0.01 (down from ฿0.045 in 2Q 2021). Revenue: ฿150.8m (down 22% from 2Q 2021). Net income: ฿5.80m (down 69% from 2Q 2021). Profit margin: 3.8% (down from 9.6% in 2Q 2021). The decrease in margin was driven by lower revenue.
Reported Earnings • Jul 10First quarter 2022 earnings released: EPS: ฿0.022 (vs ฿0.071 in 1Q 2021)First quarter 2022 results: EPS: ฿0.022 (down from ฿0.071 in 1Q 2021). Revenue: ฿174.2m (down 25% from 1Q 2021). Net income: ฿13.5m (down 52% from 1Q 2021). Profit margin: 7.7% (down from 12% in 1Q 2021). The decrease in margin was driven by lower revenue.
