Major Development (MJD) 주식 개요메이저 개발 공사는 자회사와 함께 태국에서 부동산 개발 및 판매 사업을 하고 있습니다. 자세히 보기MJD 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성1/6배당0/6위험 분석지난 3개월 동안 주가 변동성이 TH 시장과 비교했을 때 매우 높았습니다.의미 있는 시가총액이 없습니다(THB284M)지난 5년간 매년 수익이 41% 감소했습니다.이자 지급액이 수익으로 잘 충당되지 않음모든 위험 점검 보기MJD 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฿0.3346.8% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b7b2016201920222025202620282031Revenue ฿408.9mEarnings ฿76.0mAdvancedSet Fair ValueView all narrativesMajor Development Public Company Limited 경쟁사ChewathaiSymbol: SET:CHEWAMarket cap: ฿229.5mThanasiri GroupSymbol: SET:THANAMarket cap: ฿421.6mArinsiri LandSymbol: SET:ARINMarket cap: ฿300.0mCharn Issara DevelopmentSymbol: SET:CIMarket cap: ฿352.1m가격 이력 및 성과Major Development 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가฿0.3352주 최고가฿0.6252주 최저가฿0.30베타0.351개월 변동3.13%3개월 변동-10.81%1년 변동-35.29%3년 변동-78.29%5년 변동-81.87%IPO 이후 변동-92.53%최근 뉴스 및 업데이트Board Change • Mar 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Vice Chairman Suriya Poolvoralaks was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 05Full year 2025 earnings released: ฿2.45 loss per share (vs ฿0.35 loss in FY 2024)Full year 2025 results: ฿2.45 loss per share (further deteriorated from ฿0.35 loss in FY 2024). Revenue: ฿2.03b (down 17% from FY 2024). Net loss: ฿2.11b (loss widened ฿1.81b from FY 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings.New Risk • Nov 26New 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 8.7% 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 (0.2x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (฿309.7m market cap, or US$9.61m).Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.43 loss per share (vs ฿0.18 loss in 3Q 2024)Third quarter 2025 results: ฿0.43 loss per share (further deteriorated from ฿0.18 loss in 3Q 2024). Revenue: ฿344.5m (down 43% from 3Q 2024). Net loss: ฿370.0m (loss widened 138% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.New Risk • Nov 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿318.4m (US$9.79m) 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 35% per year over the past 5 years. Market cap is less than US$10m (฿318.4m market cap, or US$9.79m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).New Risk • Oct 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 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 35% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿395.8m market cap, or US$12.2m).더 많은 업데이트 보기Recent updatesBoard Change • Mar 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Vice Chairman Suriya Poolvoralaks was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 05Full year 2025 earnings released: ฿2.45 loss per share (vs ฿0.35 loss in FY 2024)Full year 2025 results: ฿2.45 loss per share (further deteriorated from ฿0.35 loss in FY 2024). Revenue: ฿2.03b (down 17% from FY 2024). Net loss: ฿2.11b (loss widened ฿1.81b from FY 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings.New Risk • Nov 26New 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 8.7% 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 (0.2x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (฿309.7m market cap, or US$9.61m).Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.43 loss per share (vs ฿0.18 loss in 3Q 2024)Third quarter 2025 results: ฿0.43 loss per share (further deteriorated from ฿0.18 loss in 3Q 2024). Revenue: ฿344.5m (down 43% from 3Q 2024). Net loss: ฿370.0m (loss widened 138% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.New Risk • Nov 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿318.4m (US$9.79m) 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 35% per year over the past 5 years. Market cap is less than US$10m (฿318.4m market cap, or US$9.79m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).New Risk • Oct 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 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 35% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿395.8m market cap, or US$12.2m).공지 • Sep 01+ 1 more updateMajor Development Public Company Limited Announces CFO ChangesMajor Development Public Company Limited announced the resignation of Natha Kittiaksorn as chief financial officer, effective 1 September 2025 and appointed Mr. Pitak Ponghirancharoen as chief financial officer, effective 1 September 2025.Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.30 loss per share (vs ฿0.13 loss in 2Q 2024)Second quarter 2025 results: ฿0.30 loss per share (further deteriorated from ฿0.13 loss in 2Q 2024). Revenue: ฿374.1m (down 38% from 2Q 2024). Net loss: ฿258.9m (loss widened 125% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2025 earnings released: ฿0.12 loss per share (vs ฿0.077 loss in 1Q 2024)First quarter 2025 results: ฿0.12 loss per share (further deteriorated from ฿0.077 loss in 1Q 2024). Revenue: ฿439.7m (down 29% from 1Q 2024). Net loss: ฿103.1m (loss widened 55% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 04Full year 2024 earnings released: ฿0.35 loss per share (vs ฿0.38 loss in FY 2023)Full year 2024 results: ฿0.35 loss per share (improved from ฿0.38 loss in FY 2023). Revenue: ฿2.46b (up 11% from FY 2023). Net loss: ฿298.9m (loss narrowed 9.2% from FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.공지 • Mar 01Major Development Public Company Limited, Annual General Meeting, Apr 21, 2025Major Development Public Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 SE Asia Standard Time.New Risk • Feb 04New 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). Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (฿610.9m market cap, or US$18.0m).Reported Earnings • Aug 16Second quarter 2024 earnings released: ฿0.13 loss per share (vs ฿0.088 loss in 2Q 2023)Second quarter 2024 results: ฿0.13 loss per share (further deteriorated from ฿0.088 loss in 2Q 2023). Revenue: ฿605.7m (down 5.0% from 2Q 2023). Net loss: ฿115.2m (loss widened 53% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.공지 • Jun 28Mori Trust Co., Ltd. acquired 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) for approximately THB 140 million.Mori Trust Co., Ltd. acquired 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) for approximately THB 140 million on June 25, 2024. A cash consideration valued at THB 100 per share will be paid by MORI TRUST REIT, Inc to acquire 1.4 million shares. After the transaction Major Development Public Company Limited will hold 51% stake in MM Residences One Co., Ltd. Mori Trust Co., Ltd. completed the acquisition of 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) on June 25, 2024.Reported Earnings • May 17First quarter 2024 earnings released: ฿80.00 loss per share (vs ฿0.09 loss in 1Q 2023)First quarter 2024 results: ฿80.00 loss per share. Revenue: ฿620.0m (down 3.9% from 1Q 2023). Net loss: ฿66.4m (loss narrowed 14% from 1Q 2023).공지 • Feb 28Major Development Public Company Limited, Annual General Meeting, Apr 25, 2024Major Development Public Company Limited, Annual General Meeting, Apr 25, 2024, at 10:00 SE Asia Standard Time. Location: 17 Floor, Major Tower Thonglor, Soi Thonglor 10, Sukhumvit 55, Klongton Nua, Wattana Bangkok Thailand Agenda: To certify the minutes of Extraordinary General Meeting of Shareholders No.1/2023; to acknowledge the operating result and the annual report for the year 2023; to consider and approve the Financial Statements for the year ended 31 December 2023; to consider and approve the omission of dividend payment; to elect directors to replace those who are retired by rotation; to approve the determination of the directors' remuneration for the year 2024; to approve the appointment of the auditor and the determination of the audit fees for the year 2024; and to consider other matter, if any.Reported Earnings • Feb 28Full year 2023 earnings released: ฿0.38 loss per share (vs ฿0.43 loss in FY 2022)Full year 2023 results: ฿0.38 loss per share (improved from ฿0.43 loss in FY 2022). Revenue: ฿2.22b (down 22% from FY 2022). Net loss: ฿329.3m (loss narrowed 11% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 16Third quarter 2023 earnings released: ฿0.13 loss per share (vs ฿0.16 loss in 3Q 2022)Third quarter 2023 results: ฿0.13 loss per share (improved from ฿0.16 loss in 3Q 2022). Revenue: ฿409.9m (down 40% from 3Q 2022). Net loss: ฿112.2m (loss narrowed 18% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.공지 • Sep 27Major Development Public Company Limited Appoints Petrada Poolvoralaks and Suriya Poolvoralaks to Act as Vice Chairman of BoardMajor Development Public Company Limited announced the Board of Directors Meeting No. 10/2023 held on September 27, 2023, passed the resolution and appointed Ms. Petrada Poolvoralaks and Mr. Suriya Poolvoralaks to act as Vice Chairman of the Board of Directors of the Company with effect from September 27, 2023, onwards.Reported Earnings • Aug 17Second quarter 2023 earnings released: ฿0.09 loss per share (vs ฿0.15 loss in 2Q 2022)Second quarter 2023 results: ฿0.09 loss per share (improved from ฿0.15 loss in 2Q 2022). Revenue: ฿637.6m (down 12% from 2Q 2022). Net loss: ฿75.3m (loss narrowed 43% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Reported Earnings • May 18First quarter 2023 earnings released: ฿0.09 loss per share (vs ฿0.058 loss in 1Q 2022)First quarter 2023 results: ฿0.09 loss per share (further deteriorated from ฿0.058 loss in 1Q 2022). Revenue: ฿644.8m (up 10% from 1Q 2022). Net loss: ฿77.5m (loss widened 56% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 19Third quarter 2022 earnings released: ฿0.16 loss per share (vs ฿0.095 loss in 3Q 2021)Third quarter 2022 results: ฿0.16 loss per share (further deteriorated from ฿0.095 loss in 3Q 2021). Revenue: ฿687.0m (down 30% from 3Q 2021). Net loss: ฿136.4m (loss widened 68% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.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. 4 non-independent directors. Independent Director Ittinant Suwanjutha was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Sep 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be ฿2.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Aug 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.6%. The fair value is estimated to be ฿2.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 14Second quarter 2022 earnings released: ฿0.15 loss per share (vs ฿0.15 loss in 2Q 2021)Second quarter 2022 results: ฿0.15 loss per share (vs ฿0.15 loss in 2Q 2021). Revenue: ฿724.0m (down 38% from 2Q 2021). Net loss: ฿131.5m (loss widened 2.0% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Reported Earnings • May 15First quarter 2022 earnings released: ฿0.06 loss per share (vs ฿0.032 loss in 1Q 2021)First quarter 2022 results: ฿0.06 loss per share (down from ฿0.032 loss in 1Q 2021). Revenue: ฿585.1m (down 53% from 1Q 2021). Net loss: ฿49.7m (loss widened 78% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.Board Change • Apr 27Less 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. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Suparanan Tanviruch was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 02Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: ฿0.41 loss per share (down from ฿0.23 profit in FY 2020). Revenue: ฿4.40b (down 40% from FY 2020). Net loss: ฿353.1m (down 277% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 16Third quarter 2021 earnings released: ฿0.098 loss per share (vs ฿0.009 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ฿980.9m (down 35% from 3Q 2020). Net loss: ฿81.4m (loss widened ฿73.8m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 13Second quarter 2021 earnings released: ฿0.15 loss per share (vs ฿0.093 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: ฿1.16b (down 37% from 2Q 2020). Net loss: ฿128.9m (loss widened 61% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14First quarter 2021 earnings released: ฿0.03 loss per share (vs ฿0.23 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ฿1.25b (down 37% from 1Q 2020). Net loss: ฿27.9m (down 114% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Executive Departure • Mar 30CEO & Executive Director Suriyon Poolvoralaks has left the companyOn the 24th of March, Suriyon Poolvoralaks' tenure as CEO & Executive Director of the company ended. Suriyon personally held 110.38m shares (฿180m worth) as of December 2020. This is 13% of the company. A total of 2 executives have left over the last 12 months.Executive Departure • Mar 30Executive VP of Marketing Division & Executive Director has left the companyOn the 24th of March, Jitradee Poolvoralaks' tenure in the role of Executive VP of Marketing Division & Executive Director ended. As of December 2020, Jitradee personally held 26.00m shares (฿42m worth at the time). A total of 2 executives have left over the last 12 months.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿2.02, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total loss to shareholders of 40% over the past three years.Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.23 (vs ฿0.37 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿7.33b (up 22% from FY 2019). Net income: ฿199.3m (down 38% from FY 2019). Profit margin: 2.7% (down from 5.3% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.Is New 90 Day High Low • Dec 16New 90-day high: ฿1.88The company is up 27% from its price of ฿1.48 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 19% over the same period.Is New 90 Day High Low • Nov 24New 90-day high: ฿1.55The company is up 7.0% from its price of ฿1.45 on 26 August 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 9.0% over the same period.Reported Earnings • Nov 19Third quarter 2020 earnings released: ฿0.009 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿1.51b (down 24% from 3Q 2019). Net loss: ฿7.57m (down 104% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Third quarter 2020 earnings released: ฿0.01 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿1.51b (down 24% from 3Q 2019). Net loss: ฿7.57m (down 104% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.주주 수익률MJDTH Real EstateTH 시장7D3.1%2.4%0.5%1Y-35.3%11.9%24.9%전체 주주 수익률 보기수익률 대 산업: MJD은 지난 1년 동안 11.9%의 수익을 기록한 TH Real Estate 산업보다 저조한 성과를 냈습니다.수익률 대 시장: MJD은 지난 1년 동안 24.9%를 기록한 TH 시장보다 저조한 성과를 냈습니다.주가 변동성Is MJD's price volatile compared to industry and market?MJD volatilityMJD Average Weekly Movement10.9%Real Estate Industry Average Movement5.3%Market Average Movement5.1%10% most volatile stocks in TH Market10.2%10% least volatile stocks in TH Market2.6%안정적인 주가: MJD의 주가는 지난 3개월 동안 TH 시장보다 변동성이 컸습니다.시간에 따른 변동성: MJD의 주간 변동성(11%)은 지난 1년 동안 안정적이었지만 TH 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트1999n/aPetrada Poolvoralakswww.mjd.co.th메이저 개발 공사는 자회사와 함께 태국에서 부동산 개발 및 판매 사업을 하고 있습니다. 이 회사는 세 가지 부문으로 운영됩니다: 부동산 개발, 호텔 사업, 임대 및 서비스 사업입니다. 이 회사는 토지, 주택, 주거용 콘도미니엄 유닛을 개발 및 판매합니다.더 보기Major Development Public Company Limited 기초 지표 요약Major Development의 순이익과 매출은 시가총액과 어떻게 비교됩니까?MJD 기초 통계시가총액฿283.94m순이익 (TTM)-฿2.11b매출 (TTM)฿2.03b0.1x주가매출비율(P/S)-0.1x주가수익비율(P/E)MJD는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표MJD 손익계산서 (TTM)매출฿2.03b매출원가฿1.38b총이익฿646.51m기타 비용฿2.76b순이익-฿2.11b최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)-2.45총이익률31.91%순이익률-104.13%부채/자본 비율495.6%MJD의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 16:34종가2026/05/08 00:00수익2025/12/31연간 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 소스Major Development 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.
Board Change • Mar 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Vice Chairman Suriya Poolvoralaks was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 05Full year 2025 earnings released: ฿2.45 loss per share (vs ฿0.35 loss in FY 2024)Full year 2025 results: ฿2.45 loss per share (further deteriorated from ฿0.35 loss in FY 2024). Revenue: ฿2.03b (down 17% from FY 2024). Net loss: ฿2.11b (loss widened ฿1.81b from FY 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings.
New Risk • Nov 26New 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 8.7% 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 (0.2x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (฿309.7m market cap, or US$9.61m).
Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.43 loss per share (vs ฿0.18 loss in 3Q 2024)Third quarter 2025 results: ฿0.43 loss per share (further deteriorated from ฿0.18 loss in 3Q 2024). Revenue: ฿344.5m (down 43% from 3Q 2024). Net loss: ฿370.0m (loss widened 138% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.
New Risk • Nov 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿318.4m (US$9.79m) 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 35% per year over the past 5 years. Market cap is less than US$10m (฿318.4m market cap, or US$9.79m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).
New Risk • Oct 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 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 35% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿395.8m market cap, or US$12.2m).
Board Change • Mar 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. MD & Vice Chairman Suriya Poolvoralaks was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 05Full year 2025 earnings released: ฿2.45 loss per share (vs ฿0.35 loss in FY 2024)Full year 2025 results: ฿2.45 loss per share (further deteriorated from ฿0.35 loss in FY 2024). Revenue: ฿2.03b (down 17% from FY 2024). Net loss: ฿2.11b (loss widened ฿1.81b from FY 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 40% per year, which means it has not declined as severely as earnings.
New Risk • Nov 26New 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 8.7% 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 (0.2x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 31% per year over the past 5 years. Market cap is less than US$10m (฿309.7m market cap, or US$9.61m).
Reported Earnings • Nov 16Third quarter 2025 earnings released: ฿0.43 loss per share (vs ฿0.18 loss in 3Q 2024)Third quarter 2025 results: ฿0.43 loss per share (further deteriorated from ฿0.18 loss in 3Q 2024). Revenue: ฿344.5m (down 43% from 3Q 2024). Net loss: ฿370.0m (loss widened 138% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings.
New Risk • Nov 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ฿318.4m (US$9.79m) 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 35% per year over the past 5 years. Market cap is less than US$10m (฿318.4m market cap, or US$9.79m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).
New Risk • Oct 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 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 35% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿395.8m market cap, or US$12.2m).
공지 • Sep 01+ 1 more updateMajor Development Public Company Limited Announces CFO ChangesMajor Development Public Company Limited announced the resignation of Natha Kittiaksorn as chief financial officer, effective 1 September 2025 and appointed Mr. Pitak Ponghirancharoen as chief financial officer, effective 1 September 2025.
Reported Earnings • Aug 16Second quarter 2025 earnings released: ฿0.30 loss per share (vs ฿0.13 loss in 2Q 2024)Second quarter 2025 results: ฿0.30 loss per share (further deteriorated from ฿0.13 loss in 2Q 2024). Revenue: ฿374.1m (down 38% from 2Q 2024). Net loss: ฿258.9m (loss widened 125% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2025 earnings released: ฿0.12 loss per share (vs ฿0.077 loss in 1Q 2024)First quarter 2025 results: ฿0.12 loss per share (further deteriorated from ฿0.077 loss in 1Q 2024). Revenue: ฿439.7m (down 29% from 1Q 2024). Net loss: ฿103.1m (loss widened 55% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 04Full year 2024 earnings released: ฿0.35 loss per share (vs ฿0.38 loss in FY 2023)Full year 2024 results: ฿0.35 loss per share (improved from ฿0.38 loss in FY 2023). Revenue: ฿2.46b (up 11% from FY 2023). Net loss: ฿298.9m (loss narrowed 9.2% from FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
공지 • Mar 01Major Development Public Company Limited, Annual General Meeting, Apr 21, 2025Major Development Public Company Limited, Annual General Meeting, Apr 21, 2025, at 14:00 SE Asia Standard Time.
New Risk • Feb 04New 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). Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (฿610.9m market cap, or US$18.0m).
Reported Earnings • Aug 16Second quarter 2024 earnings released: ฿0.13 loss per share (vs ฿0.088 loss in 2Q 2023)Second quarter 2024 results: ฿0.13 loss per share (further deteriorated from ฿0.088 loss in 2Q 2023). Revenue: ฿605.7m (down 5.0% from 2Q 2023). Net loss: ฿115.2m (loss widened 53% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
공지 • Jun 28Mori Trust Co., Ltd. acquired 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) for approximately THB 140 million.Mori Trust Co., Ltd. acquired 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) for approximately THB 140 million on June 25, 2024. A cash consideration valued at THB 100 per share will be paid by MORI TRUST REIT, Inc to acquire 1.4 million shares. After the transaction Major Development Public Company Limited will hold 51% stake in MM Residences One Co., Ltd. Mori Trust Co., Ltd. completed the acquisition of 49% stake in MM Residences One Co., Ltd. from Major Development Public Company Limited (SET:MJD) on June 25, 2024.
Reported Earnings • May 17First quarter 2024 earnings released: ฿80.00 loss per share (vs ฿0.09 loss in 1Q 2023)First quarter 2024 results: ฿80.00 loss per share. Revenue: ฿620.0m (down 3.9% from 1Q 2023). Net loss: ฿66.4m (loss narrowed 14% from 1Q 2023).
공지 • Feb 28Major Development Public Company Limited, Annual General Meeting, Apr 25, 2024Major Development Public Company Limited, Annual General Meeting, Apr 25, 2024, at 10:00 SE Asia Standard Time. Location: 17 Floor, Major Tower Thonglor, Soi Thonglor 10, Sukhumvit 55, Klongton Nua, Wattana Bangkok Thailand Agenda: To certify the minutes of Extraordinary General Meeting of Shareholders No.1/2023; to acknowledge the operating result and the annual report for the year 2023; to consider and approve the Financial Statements for the year ended 31 December 2023; to consider and approve the omission of dividend payment; to elect directors to replace those who are retired by rotation; to approve the determination of the directors' remuneration for the year 2024; to approve the appointment of the auditor and the determination of the audit fees for the year 2024; and to consider other matter, if any.
Reported Earnings • Feb 28Full year 2023 earnings released: ฿0.38 loss per share (vs ฿0.43 loss in FY 2022)Full year 2023 results: ฿0.38 loss per share (improved from ฿0.43 loss in FY 2022). Revenue: ฿2.22b (down 22% from FY 2022). Net loss: ฿329.3m (loss narrowed 11% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 16Third quarter 2023 earnings released: ฿0.13 loss per share (vs ฿0.16 loss in 3Q 2022)Third quarter 2023 results: ฿0.13 loss per share (improved from ฿0.16 loss in 3Q 2022). Revenue: ฿409.9m (down 40% from 3Q 2022). Net loss: ฿112.2m (loss narrowed 18% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
공지 • Sep 27Major Development Public Company Limited Appoints Petrada Poolvoralaks and Suriya Poolvoralaks to Act as Vice Chairman of BoardMajor Development Public Company Limited announced the Board of Directors Meeting No. 10/2023 held on September 27, 2023, passed the resolution and appointed Ms. Petrada Poolvoralaks and Mr. Suriya Poolvoralaks to act as Vice Chairman of the Board of Directors of the Company with effect from September 27, 2023, onwards.
Reported Earnings • Aug 17Second quarter 2023 earnings released: ฿0.09 loss per share (vs ฿0.15 loss in 2Q 2022)Second quarter 2023 results: ฿0.09 loss per share (improved from ฿0.15 loss in 2Q 2022). Revenue: ฿637.6m (down 12% from 2Q 2022). Net loss: ฿75.3m (loss narrowed 43% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 18First quarter 2023 earnings released: ฿0.09 loss per share (vs ฿0.058 loss in 1Q 2022)First quarter 2023 results: ฿0.09 loss per share (further deteriorated from ฿0.058 loss in 1Q 2022). Revenue: ฿644.8m (up 10% from 1Q 2022). Net loss: ฿77.5m (loss widened 56% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 19Third quarter 2022 earnings released: ฿0.16 loss per share (vs ฿0.095 loss in 3Q 2021)Third quarter 2022 results: ฿0.16 loss per share (further deteriorated from ฿0.095 loss in 3Q 2021). Revenue: ฿687.0m (down 30% from 3Q 2021). Net loss: ฿136.4m (loss widened 68% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
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. 4 non-independent directors. Independent Director Ittinant Suwanjutha was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Sep 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be ฿2.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Aug 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.6%. The fair value is estimated to be ฿2.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 14Second quarter 2022 earnings released: ฿0.15 loss per share (vs ฿0.15 loss in 2Q 2021)Second quarter 2022 results: ฿0.15 loss per share (vs ฿0.15 loss in 2Q 2021). Revenue: ฿724.0m (down 38% from 2Q 2021). Net loss: ฿131.5m (loss widened 2.0% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 15First quarter 2022 earnings released: ฿0.06 loss per share (vs ฿0.032 loss in 1Q 2021)First quarter 2022 results: ฿0.06 loss per share (down from ฿0.032 loss in 1Q 2021). Revenue: ฿585.1m (down 53% from 1Q 2021). Net loss: ฿49.7m (loss widened 78% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27Less 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. 3 experienced directors. 3 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Suparanan Tanviruch was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 02Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: ฿0.41 loss per share (down from ฿0.23 profit in FY 2020). Revenue: ฿4.40b (down 40% from FY 2020). Net loss: ฿353.1m (down 277% from profit in FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 16Third quarter 2021 earnings released: ฿0.098 loss per share (vs ฿0.009 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ฿980.9m (down 35% from 3Q 2020). Net loss: ฿81.4m (loss widened ฿73.8m from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 13Second quarter 2021 earnings released: ฿0.15 loss per share (vs ฿0.093 loss in 2Q 2020)The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: ฿1.16b (down 37% from 2Q 2020). Net loss: ฿128.9m (loss widened 61% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14First quarter 2021 earnings released: ฿0.03 loss per share (vs ฿0.23 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ฿1.25b (down 37% from 1Q 2020). Net loss: ฿27.9m (down 114% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Executive Departure • Mar 30CEO & Executive Director Suriyon Poolvoralaks has left the companyOn the 24th of March, Suriyon Poolvoralaks' tenure as CEO & Executive Director of the company ended. Suriyon personally held 110.38m shares (฿180m worth) as of December 2020. This is 13% of the company. A total of 2 executives have left over the last 12 months.
Executive Departure • Mar 30Executive VP of Marketing Division & Executive Director has left the companyOn the 24th of March, Jitradee Poolvoralaks' tenure in the role of Executive VP of Marketing Division & Executive Director ended. As of December 2020, Jitradee personally held 26.00m shares (฿42m worth at the time). A total of 2 executives have left over the last 12 months.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to ฿2.02, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 13x in the Real Estate industry in Thailand. Total loss to shareholders of 40% over the past three years.
Reported Earnings • Mar 02Full year 2020 earnings released: EPS ฿0.23 (vs ฿0.37 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ฿7.33b (up 22% from FY 2019). Net income: ฿199.3m (down 38% from FY 2019). Profit margin: 2.7% (down from 5.3% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
Is New 90 Day High Low • Dec 16New 90-day high: ฿1.88The company is up 27% from its price of ฿1.48 on 17 September 2020. The Thai market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 19% over the same period.
Is New 90 Day High Low • Nov 24New 90-day high: ฿1.55The company is up 7.0% from its price of ฿1.45 on 26 August 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 9.0% over the same period.
Reported Earnings • Nov 19Third quarter 2020 earnings released: ฿0.009 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿1.51b (down 24% from 3Q 2019). Net loss: ฿7.57m (down 104% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Third quarter 2020 earnings released: ฿0.01 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ฿1.51b (down 24% from 3Q 2019). Net loss: ฿7.57m (down 104% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings.
