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Asset Five Group Public Company Limited

Asset Five Group Public Company Limited

A5.BK
Asset Five Group Public Company LimitedTH flagStock Exchange of Thailand
1.82
THB
-0.01
- -
2.14BMarket Cap
Asset Five Group Public Company Limited
A5.BK
(Stock Exchange of Thailand)

Recent

price

1.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.56
1.46
0.73
- -
0.21
- -
0.01
48.1
5.41
0.44
0.69
0.61
0.54
1.23
1.51
1.11
1.05
Revenue per Share
-0.21
-0.03
-0.18
-0.05
-0.23
-2.89
3.04
-0.51
-7.67
0.04
0.05
0.11
0.08
0.42
0.38
0.09
0.05
Basic EPS, GAAP
-0.26
0.05
-0.11
-0.09
-0.25
-0.98
0.64
-123.32
-4.78
0.03
0.31
0.54
-0.78
0.21
-0.77
0.19
0.49
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
0.05
0.1
- -
Dividend per Share
0.27
0.69
0.07
0.02
0.09
-2.82
0.22
-0.51
22.9
0.87
0.37
0.47
0.54
0.94
1.17
1.16
1.15
Book Value per Share
0.27
0.23
0.07
0.02
-0.34
-3.17
0.2
11.89
13.35
0.47
0.59
0.68
0.74
1.16
1.42
1.43
1.42
Tangible Book Value per Share
280
283
285
287
310
379
379
5
37
1,150
1,178
1,209
1,209
1,209
1,193
1,178
1,178
Basic Weighted Avg Shares
156
413
207
- -
64
- -
4
247
198
508
810
733
649
1,489
1,799
1,308
1,240
Sales/Revenue/Turnover
-56.24
0.8
-25.85
- -
-54.57
- -
-748.47
-3.45
-5.28
12.81
10.63
12.04
15.13
32.45
30.77
12.6
8.97
Operating Margin (%)
8
9
9
3
3
23
7
1
2
3
5
4
4
4
6
5
5
Depreciation Expense
-60
-10
-50
-15
-70
-1,096
1,154
-3
-281
43
57
131
98
506
453
103
61
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
22.05
19.51
21.95
- -
16.39
18.99
32.67
39.83
Effective Tax Rate (%)
-38.33
-2.34
-24.32
- -
-109.56
- -
32,472.5
-1.07
-141.81
8.55
7.06
17.82
15.06
34.02
25.2
7.87
4.9
Profit Margin (%)
47
37
15
-3
1,192
673
-45
511
842
874
484
548
1,460
1,944
3,061
2,939
2,659
Working Capital
9
5
4
2
4,823
5,280
- -
1,026
941
528
203
153
1,031
919
1,652
1,308
1,121
LT Debt
75
65
21
6
90
-1,005
149
61
491
546
691
827
895
1,402
1,697
1,683
1,671
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.36
4.64
5.49
- -
15.95
13.19
3
1.83
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.6
4.53
13.71
- -
23.37
15.47
3.48
2.19
Return on Capital (%)
-57.06
-7.15
-46.69
-107.18
-425.57
- -
- -
- -
- -
4.73
7.98
26.07
16.12
56.87
35.88
7.45
4.37
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
494
470
548
LT Borrowings
1,536
1,304
1,117
LT Finance Leases
5
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,178
1,178
1,178
Market Capitalization
2,258
2,199
2,168

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,924
3,648
3,510
Cash, Cash Equivalents & STI
656
433
274
Accounts Receivable, Net
- -
- -
- -
Inventories
3,178
3,076
3,164
Total Current Liabilities
748
709
852
Payables & Accruals
150
147
141
ST Debt
494
470
548
Deferred Revenue
90
77
148

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
67.27%
20.94%
-0.86%
Free Cash Flow
-65.73%
-176.2%
-124.06%
Net Income, GAAP
1,060.14%
86.65%
-77.29%
Sales/Revenue/Turnover
- -
20.36%
-27.32%
Total Cash Common Dividend
- -
- -
94.81%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
471
446
558
324
1,799
2025
279
415
349
265
1,308
2026
212
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.14
0.15
- -
0.38
2025
0.03
0.06
0.01
- -
0.09
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.05
2025
- -
- -
- -
- -
0.1
2026
- -
- -
- -
- -
- -
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Business
Asset Five Group Public Company Limited is a Thailand-based real estate development company specializing in residential properties, including the development and sale of land, condominium residences, detached houses, and semi-detached houses. The company also provides construction services, interior decoration, and renovation services. Its key projects include luxury residential developments such as CINQ ROYAL Krungthep Kreetha, a low-density luxury housing project with 46 single houses, and Tonson One Residence, located near the Ploenchit BTS station in Bangkok. The company operates primarily in Bangkok and surrounding areas, targeting the luxury and niche residential market segments. It was founded in 2013 and is headquartered in Bangkok, Thailand, with subsidiaries including Asset Five Development Co., Ltd. and Rachaya Real Estate Co., Ltd. In the latest major developments, Asset Five Group reports strong financial performance with revenue of 1.478 billion baht and a net profit of 488.89 million baht for the first nine months of 2024, a 40.59% increase from the previous year. The company attributes this growth to robust sales performance from its projects, notably with over 70% sales achieved in the current phase of VANA Ratchapruek-Westville and property transfers at CINQ ROYAL Krungthep Kreetha. Looking ahead, Asset Five Group plans to launch CINQ ROYAL The Eighteen Bangna KM.7 in Q4 2024, featuring 18 luxury three-story mansions adjacent to a golf course. The company emphasizes sustainable growth, committing to environmental goals such as achieving carbon neutrality by 2050 and net-zero greenhouse gas emissions by 2065. Financially, Asset Five has also conducted equity buybacks to reinforce its capital structure and maintain financial strength. Overall, Asset Five Group positions itself as a leader in luxury residential real estate development in Thailand, focusing on unique, high-quality residences in prime locations with comprehensive offerings in construction and interior services, supported by a strategic emphasis on sustainability and market-driven product innovation. The company maintains a strong presence in the Thai luxury property market and continues expanding its project portfolio to meet evolving customer demands while upholding environmental responsibilities. This description reflects the company's products, recent financial achievements, strategic launches, sustainability commitments, geographic focus, and organizational structure as of late 2024 and 2025.