JAS Asset Public Company Limited

JAS Asset Public Company Limited

J.BK
JAS Asset Public Company LimitedTH flagStock Exchange of Thailand
0.71
THB
-0.01
- -
1.04BMarket Cap
JAS Asset Public Company Limited
J.BK
(Stock Exchange of Thailand)

Recent

price

0.71

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.83
1.72
1.35
1.62
1.77
1.31
0.62
0.41
0.49
0.48
0.44
0.47
0.48
Revenue per Share
0.35
0.2
0.01
0.01
-0.04
0.03
0.07
0.17
0.19
0.17
0.12
-0.54
-0.56
Basic EPS, GAAP
0.04
-0.93
-2.01
-0.47
0.24
0.09
0.37
0.23
0.17
0.12
0.16
0.13
0.13
Free Cash Flow per Basic Share
- -
0.08
0.06
- -
- -
- -
- -
0.03
0.03
0.03
- -
- -
- -
Dividend per Share
2.27
1.72
1.2
1.34
1.18
1.35
1.18
1.32
1.5
1.54
1.55
0.99
0.94
Book Value per Share
1.59
2.3
1.37
1.73
1.53
1.6
1.63
1.88
2.58
2.55
2.63
2.04
2
Tangible Book Value per Share
154
294
405
450
497
678
821
928
1,066
1,140
1,434
1,461
1,461
Basic Weighted Avg Shares
437
506
545
726
880
891
512
384
522
552
631
687
697
Sales/Revenue/Turnover
21.76
13.19
5.84
5.1
3.49
1.27
41.44
51.39
37.77
25.18
15.37
14.8
16.01
Operating Margin (%)
11
20
46
98
115
113
16
14
11
17
44
60
60
Depreciation Expense
55
58
6
6
-17
17
56
161
202
193
166
-785
-817
Net Income, GAAP
20.02
19.98
- -
- -
- -
- -
3.51
18.43
22.73
26.75
21.76
- -
- -
Effective Tax Rate (%)
12.53
11.49
1.04
0.88
-1.98
1.93
11.01
42.09
38.75
34.87
26.24
-114.28
-117.18
Profit Margin (%)
-45
102
-399
-63
-514
-243
-364
-564
-96
-954
-1,047
-1,276
-1,266
Working Capital
277
435
760
1,012
563
402
1,261
1,112
1,360
1,610
1,436
1,331
1,350
LT Debt
388
746
725
969
945
1,283
1,338
1,742
2,753
2,915
3,784
2,997
2,936
Total Equity
- -
5.45
- -
- -
- -
- -
8.05
4.86
3.83
2.06
1.27
- -
- -
Return on Invested Capital (%)
- -
8.54
- -
- -
- -
- -
5.33
7.52
8.19
6.87
5.68
- -
- -
Return on Capital (%)
- -
13.55
1.14
1.17
-2.93
2.29
6
14.71
14.3
11.48
8.32
-42.77
-45.65
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,313
1,275
1,268
LT Borrowings
400
465
480
LT Finance Leases
866
866
871
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,461
1,461
1,461
Market Capitalization
1,212
1,023
920

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
128
116
113
Cash, Cash Equivalents & STI
7
12
11
Accounts Receivable, Net
17
13
16
Inventories
26
26
21
Total Current Liabilities
1,427
1,391
1,379
Payables & Accruals
87
92
85
ST Debt
1,313
1,275
1,268
Deferred Revenue
19
17
18

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.16%
20.63%
-20.79%
Free Cash Flow
29.26%
-4.28%
-16.78%
Net Income, GAAP
-80.3%
-76.28%
-573.98%
Sales/Revenue/Turnover
6.07%
7.97%
8.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
142
155
153
181
631
2025
168
183
171
165
687
2026
178
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.09
0.01
- -
0.12
2025
-0.02
-0.07
-0.08
- -
-0.54
2026
-0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
JAS Asset Public Company Limited is a Thailand-based property development and rental service company, primarily engaged in managing rental spaces and real estate development. The company operates through multiple business segments including Rental and Related Services, Real Estate, Food and Beverage, and Others. Its core products and services comprise managing rented retail spaces for mobile phones and IT products under the IT Junction brand; operating food courts under the Urban Food Ville brand; and running an indoor amusement park under the Totem Kingdom brand. The company also develops and manages community markets branded as J Market; community malls under The Jas and The Jas Urban brands; residential condominium projects under the Newera Condominium name; and personalized elderly care homes through the Senera Senior Wellness brand. Additionally, it offers comprehensive property management and supportive services through its Jas Property and other business units. Headquartered in Bangkok, Thailand, JAS Asset was founded in 2000 as a division of Jaymart Public Company Limited and officially established as an independent public company in 2012. It operates extensively across Thailand with significant real estate projects and retail rental spaces in multiple locations including Wang Hin, Ramintra, Srinakarin, Amata, Khubon, Bang Bua Thong, Prawet, and Ramkhamhaeng. In the last 1-2 years, JAS Asset has focused on expanding its strategic positioning as a "Synergetic Well-being Community Builder," emphasizing integrated living and retail environments. Recent major developments include the launch of the JAS Green Village project in Bang Bua Thong and organizing community engagement events like the Open House at Senera Senior Wellness Bang Bua Thong. The company has also made operational enhancements in its rental and real estate service offerings to strengthen its market presence in senior wellness and community-based property solutions. Throughout this period, JAS Asset has maintained its affiliation as a subsidiary of Jaymart Group Holdings Public Company Limited, which supports its financial and operational strategies. Overall, JAS Asset provides a diverse portfolio of rental spaces and real estate developments targeting retail tenants in the mobile phone and IT sectors, food and beverage outlets, community commercial centers, residential condominium buyers, and senior living customers within Thailand. Its systematic approach to branded property management and lifestyle-oriented real estate development positions it as a notable player in Thailand's property and retail rental markets. This comprehensive description reflects JAS Asset Public Company Limited’s current market positioning, products, and recent strategic progress based on the latest publicly available information.