AKS Corporation Public Company Limited

AKS Corporation Public Company Limited

0.01
THB
0.00
(0.00%)
-0.57EPS
122.20MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
17.01
3.93
2.81
2.52
2.05
0.31
0.13
0.16
0.14
0.27
0.15
0.2
0.12
0.03
Basic EPS, GAAP
-4.96
0.66
-0.61
-3.85
-6.51
-0.08
0.02
-0.05
-0.1
-0.13
0.03
-0.06
-0.65
-0.57
Free Cash Flow per Basic Share
-14.67
0.06
-0.83
-1.66
-0.42
-0.74
0.03
-0.02
0.02
0.03
0.12
0.04
-0.05
0.08
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
15.01
15.13
10.66
6.82
0.33
0.92
0.94
0.89
0.79
0.67
0.72
0.65
0.03
-0.05
Tangible Book Value per Share
14.52
14.11
9.71
6.6
0.12
0.92
0.94
0.89
0.79
0.67
0.42
0.31
-0.04
-0.08
Basic Weighted Avg Shares
21
236
578
575
575
2,059
3,872
3,873
3,873
3,889
3,946
4,073
4,073
4,073
Sales/Revenue/Turnover
362
929
1,624
1,448
1,178
639
521
639
526
1,035
608
812
471
112
Operating Margin (%)
-14.05
-9.7
-26.81
-19.99
-64.33
-41.84
-43.87
-50.06
-83.86
-68.9
-40.39
-45.63
-81.82
-297.61
Depreciation Expense
18
29
54
53
56
88
83
86
96
88
67
74
71
32
Net Income, GAAP
-105
157
-351
-2,217
-3,745
-165
75
-186
-392
-495
128
-244
-2,658
-2,327
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.36
- -
- -
- -
Profit Margin (%)
-29.17
16.88
-21.62
-153.12
-317.87
-25.79
14.37
-29.16
-74.52
-47.82
21.13
-30.05
-564.61
-2,079.92
Working Capital
1,507
2,306
4,933
2,119
-1,465
1,484
696
426
158
-1,266
-1,984
-2,487
-2,640
-3,025
LT Debt
102
47
305
4
44
1
- -
33
72
57
85
148
267
138
Total Equity
2,212
4,513
6,156
3,939
192
3,592
3,668
3,479
3,088
2,592
2,919
2,664
108
-207
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-4.15
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
4.67
- -
- -
- -
Return on Common Equity (%)
-6.94
4.69
-6.6
-43.92
-181.28
-8.7
2.06
-5.21
-11.93
-17.43
4.66
-8.74
-191.79
- -

Capital Structure

THB

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
672
624
619
LT Borrowings
108
108
108
LT Finance Leases
55
31
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,073
4,073
4,073
Market Capitalization
937
163
122

Working Capital

THB

•

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
1,305
1,305
1,113
Cash, Cash Equivalents & STI
14
40
11
Accounts Receivable, Net
356
1
1
Inventories
318
304
294
Total Current Liabilities
4,137
4,186
4,139
Payables & Accruals
292
264
285
ST Debt
672
624
619
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
151.72%
-23.88%
-95.95%
Free Cash Flow
16.19%
-26.62%
-230.9%
Net Income, GAAP
72.08%
142.04%
989.53%
Sales/Revenue/Turnover
-4.15%
5.9%
-42.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
96
101
206
551
812
2024
70
91
240
-44
471
2025
70
49
38
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.02
-0.01
-0.01
-0.02
-0.06
2024
-0.01
-0.01
-0.14
-0.49
-0.65
2025
-0.01
-0.04
-0.03
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

CEO
Oscar Locsin de Venecia
Sector
Finance
Industry
Real estate development
Address
Bangkok Thailand
Business
AKS Corporation Public Company Limited is a Thailand-based holding company engaged in real estate development, hospitality management, consumer financial services, renewable energy investment, and agricultural biotechnology. The company operates through five primary business segments: Real Estate Development, Hospitality, Financial Services, Renewable Energy, and Agriculture and Wellness. In its Real Estate Development segment, the company develops, constructs, leases, and sells residential and commercial properties; its portfolio encompasses single-detached housing estates, townhomes, and low-rise and high-rise condominiums under developments such as AQ Welle, AQ Arbor, AQ Viridian, and AQ Alix Residence Soonvijai, alongside real estate brokerage, property management, commercial space leasing, and non-performing property asset management. In its Hospitality segment, the company manages and operates boutique hotels, beachfront resorts, and serviced residences through its subsidiary, Aquarius Hotel Collection; properties include Alix Bangkok Hotel in Bangkok, ShaSa Resort & Residences in Koh Samui, Malibu Resort & Beach Club in Koh Samui, and The Tarna Align Resort in Koh Tao. In its Financial Services segment, the company delivers non-bank retail credit, personal financing, and micro-lending solutions through subsidiaries and affiliated entities including BYC Capital Ltd., MSCW Co., Ltd., Pico Solutions (Thailand) Co., Ltd., and Beyond Capital Asset Management; services comprise nationwide unsecured personal loans (P-Loan), provincial microfinance (Pico Finance), nano-finance, vehicle hire purchase, auto leasing, and distressed debt collection. In its Renewable Energy segment, the company maintains strategic equity investments in alternative energy generation platforms, including utility-scale solar energy projects via Green Earth Power (Thailand) Co., Ltd. and wind power generation assets via Wind Energy Holding Co., Ltd. In its Agriculture and Wellness segment, the company undertakes the cultivation, extraction, and supply of medicinal cannabis, hemp, and pharmaceutical-grade herbs for healthcare, wellness, and commercial applications. The company was founded in 1982 as Kritsada Investment Co., Ltd., previously operated under the name AQ Estate Public Company Limited, and is headquartered in Bangkok, Thailand. The company serves individual home buyers, domestic and international tourists, medical travelers, retail borrowers, small business owners, and regional energy markets across Thailand and Southeast Asia. In recent developments, the company executed a major corporate reorganization and officially rebranded from AQ Estate Public Company Limited to AKS Corporation Public Company Limited under its AKS New Era strategic initiative, shifting its corporate model from a traditional property developer into a diversified investment holding group. To expand its footprint in non-bank financial services, the company completed the acquisitions of consumer lending firm MSCW Co., Ltd. and licensed microfinance provider Pico Solutions (Thailand) Co., Ltd., while scaling nationwide digital loan operations through BYC Capital Ltd. In addition, the company restructured its hospitality division under the Aquarius Hotel Collection to incorporate green hotel sustainability standards, divested non-core leisure properties, and deployed capital into high-growth diversification sectors, including licensed upstream cannabis production and renewable power infrastructure.