Asia Sermkij Leasing Public Company Limited

Asia Sermkij Leasing Public Company Limited

ASK.BK
Asia Sermkij Leasing Public Company LimitedTH flagStock Exchange of Thailand
11.10
THB
- -
- -
7.81BMarket Cap
Asia Sermkij Leasing Public Company Limited
ASK.BK
(Stock Exchange of Thailand)

Recent

price

11.10

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
4.72
5.98
5.7
6.05
6.61
6.68
6.86
7.11
7.48
8.26
9.9
9.46
10.4
11.97
11.67
8.11
10.67
Revenue per Share
1.05
1.28
1.47
1.65
1.73
1.76
1.82
1.92
2.1
2.24
2.51
2.62
2.86
2.31
0.63
0.83
1.25
Basic EPS, GAAP
-9.41
-8.25
-13.75
-0.05
-0.93
-0.29
-1.79
-3.29
-3.77
-10.94
-5.76
-19.94
-19.51
-14.54
10.07
17.44
21.62
Free Cash Flow per Basic Share
0.48
0.78
0.68
0.89
0.89
1.18
1.23
1.27
1.35
1.46
1.72
1.3
1.14
1.44
1.16
0.27
- -
Dividend per Share
6.52
7.23
7.96
7.6
8.36
8.9
9.51
10.17
10.92
11.68
13.57
13.56
13.42
14.32
13.77
13.3
18.49
Book Value per Share
6.96
7.99
10.33
9.74
10.58
11.16
11.78
12.44
13.2
13.96
16.07
20.17
19.36
20.16
19.52
18.57
25.67
Tangible Book Value per Share
277
258
336
388
388
388
387
387
387
388
352
458
529
528
528
637
469
Basic Weighted Avg Shares
1,308
1,545
1,919
2,344
2,564
2,588
2,659
2,754
2,893
3,203
3,482
4,337
5,501
6,315
6,160
5,169
5,011
Sales/Revenue/Turnover
61.21
28.07
31.91
35.84
38.52
38.24
41.01
43.75
43.89
43.7
32.79
36.34
34.53
24.56
20.58
28.34
30.83
Operating Margin (%)
16
18
19
22
25
28
28
27
27
29
63
64
66
88
177
200
199
Depreciation Expense
290
332
495
641
671
681
707
745
811
870
883
1,203
1,512
1,219
332
532
588
Net Income, GAAP
26.93
31.9
23.49
20.28
20.24
20.28
18.56
19.04
18.95
19.15
21.2
20.31
20.26
20.28
20.67
20.66
20.61
Effective Tax Rate (%)
22.18
21.46
25.8
27.34
26.17
26.3
26.58
27.05
28.05
27.15
25.36
27.73
27.49
19.3
5.39
10.28
11.73
Profit Margin (%)
-1,291
-1,590
-8,752
-3,523
-2,020
-5,148
-4,281
-4,055
-4,589
-8,737
-4,240
-2,350
-838
-7,714
-2,978
2,584
8
Working Capital
3,579
6,999
1,698
9,948
11,251
8,103
9,794
11,153
12,026
11,126
17,161
24,143
33,937
32,242
31,837
27,502
24,212
LT Debt
1,952
2,089
3,499
3,796
4,123
4,347
4,578
4,831
5,121
5,424
5,668
9,255
10,255
10,659
10,325
11,854
12,071
Total Equity
4.65
1.92
2.32
2.68
2.8
2.74
2.97
3.05
3
2.98
2.14
2.57
2.5
1.74
1.38
1.79
1.95
Return on Invested Capital (%)
5.14
5.01
2.51
2.63
2.45
2.41
4.71
4.4
4.29
4.21
2.15
2.58
2.64
1.81
0.48
0.86
0.99
Return on Capital (%)
19.31
18.05
21.78
22.79
21.69
20.34
19.81
19.56
19.88
19.87
18.98
21.89
22.72
16.64
4.48
6.75
7.3
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
22,749
19,941
21,874
LT Borrowings
26,859
26,929
23,651
LT Finance Leases
590
573
562
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
704
704
704
Market Capitalization
3,615
2,998
3,849

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
24,571
23,680
23,024
Cash, Cash Equivalents & STI
483
336
311
Accounts Receivable, Net
82
- -
78
Inventories
- -
- -
- -
Total Current Liabilities
23,988
21,096
23,016
Payables & Accruals
38
97
146
ST Debt
22,749
19,941
21,874
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.7%
17.94%
14.81%
Free Cash Flow
104.07%
55.63%
109.06%
Net Income, GAAP
5.68%
5.99%
60.2%
Sales/Revenue/Turnover
7.85%
9.53%
-16.09%
Total Cash Common Dividend
-3.7%
-13.24%
-72.42%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,631
1,589
1,533
1,467
6,160
2025
1,391
1,337
1,307
1,141
5,169
2026
1,226
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
0.16
0.11
- -
0.63
2025
0.28
199.46
0.15
- -
0.83
2026
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.16
2025
- -
- -
- -
- -
0.27
2026
- -
- -
- -
- -
- -
Business
Asia Sermkij Leasing Public Company Limited Asia Sermkij Leasing Public Company Limited engages primarily in automobile hire purchase financing for new and used passenger and commercial vehicles including pickups, vans, trucks and taxis; personal loans; sale and hire purchase back services; floor plan financing for automotive dealers; and ancillary services such as auto registration, transfers, tax renewal and insurance facilitation. The company operates through subsidiaries Bangkok Grand Pacific Lease Public Company Limited, which provides machinery and vehicle leasing, hire purchase, domestic and international factoring, other financing including solar rooftop leasing, and vehicle registration services, and SK Insurance Broker Company Limited, which offers insurance brokerage. Founded in 1984 and headquartered in Bangkok at No. 129 JLK Tower, 20th Floor, Sukhumvit Road, the company maintains 19 branches across Thailand in provinces including Rayong, Chiang Mai, Chonburi and Phuket, plus two hubs in Bangkok, serving nationwide customers in the hire purchase, leasing, loan, factoring and insurance broker segments. In recent developments, the company expanded to 19 branches from 17 in 2022 to broaden its nationwide reach, while adopting stricter lending policies amid rising non-performing loans and elevated credit costs in 2024, resulting in slower loan growth of approximately 5% year-on-year and a net profit trough before projected recovery in 2025-2026.