1. Thailand Stocks

  2. •

    Finance

  3. •

    Real estate development
AssetWise Public Company Limited

AssetWise Public Company Limited

7.60
THB
-0.05
(-0.65%)
1.91EPS
4.28P/E
6.30BMarket Cap
Nov 05Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.2
6.73
6.28
6.4
7.91
10.88
10.25
12.63
Basic EPS, GAAP
0.52
1.4
1.21
1.31
1.28
1.62
1.2
1.63
Free Cash Flow per Basic Share
-0.85
0.26
-1.63
-3.68
-3.5
0.03
-2.38
-0.08
Dividend per Share
- -
0.46
0.32
0.67
0.52
0.25
- -
- -
Book Value per Share
2.03
2.72
5.65
6.56
7.31
8.68
9.94
10.32
Tangible Book Value per Share
2.02
2.7
5.63
6.53
7.12
8.49
9.75
10.13
Basic Weighted Avg Shares
624
624
785
856
856
900
900
900
Sales/Revenue/Turnover
2,625
4,205
4,928
5,483
6,770
9,792
9,226
11,369
Operating Margin (%)
14.9
24.95
26.78
21.14
18.42
19.63
18.84
20.06
Depreciation Expense
34
46
67
107
148
184
213
213
Net Income, GAAP
325
874
951
1,119
1,092
1,457
1,078
1,470
Effective Tax Rate (%)
22.33
18.19
21.74
17.57
20.26
23.72
21.53
19.79
Profit Margin (%)
12.37
20.78
19.3
20.4
16.13
14.88
11.68
12.93
Working Capital
4,558
4,275
7,744
9,291
12,382
9,337
8,708
9,806
LT Debt
3,329
2,679
3,665
5,398
9,514
6,278
6,620
7,821
Total Equity
1,716
2,297
4,937
5,953
7,484
8,630
9,860
10,181
Return on Invested Capital (%)
- -
14.49
13.71
11.46
7.06
7.02
5.86
7.18
Return on Capital (%)
- -
14.91
10.28
7.59
5.76
6.88
4.88
6.06
Return on Common Equity (%)
- -
42.94
26.56
21.4
17.91
20.25
12.86
16.81

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,319
9,491
9,311
LT Borrowings
6,346
7,838
7,546
LT Finance Leases
274
274
275
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
900
900
900
Market Capitalization
5,398
6,433
6,298

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
31,385
35,699
36,291
Cash, Cash Equivalents & STI
1,085
1,432
1,607
Accounts Receivable, Net
14
36
52
Inventories
25,843
29,959
29,755
Total Current Liabilities
22,676
24,882
26,485
Payables & Accruals
2,418
2,597
2,952
ST Debt
9,319
9,491
9,311
Deferred Revenue
10,940
12,794
14,222

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
38.16%
14.26%
Free Cash Flow
- -
-1,951.15%
-8,920.57%
Net Income, GAAP
- -
6.29%
-26.02%
Sales/Revenue/Turnover
- -
18.16%
-5.77%
Total Cash Common Dividend
- -
-11.13%
-100%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,735
2,765
3,133
2,158
9,792
2025
1,692
1,793
2,582
3,160
9,226
2026
2,131
3,497
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.66
0.5
0.17
1.62
2025
0.22
0.22
0.32
0.43
1.2
2026
0.26
0.63
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.25
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kromchet Vipanpong
Full Time Employees
224
Sector
Finance
Industry
Real estate development
Address
9 Soi Ramintra 5 Bangkok BM Thailand 10220
IPO Date
Apr 28, 2021
Website
assetwise.co.th
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Business
Assetwise Public Company Limited Assetwise Public Company Limited (ASW.BK), founded in 2005 and headquartered in Bangkok, Thailand, operates as a holding company primarily engaged in residential real estate development through 15 subsidiaries; core offerings encompass vertical properties such as low-rise and high-rise condominiums under brands including Atmoz, Modiz, Kave, and The Title, alongside horizontal developments like single-detached houses, townhomes, and home offices; additional services include real estate leasing, consignment sales, lease agency, and payment collection from international customers. The company targets diverse customer segments in Thailand's urban and leisure markets, with significant operations in Greater Bangkok, Eastern Seaboard, and Phuket, emphasizing lifestyle-integrated projects under the "We Build Happiness" concept that incorporate amenities, technology, and community facilities. Beyond real estate, it invests in digital assets and technology via Digitonize, health and beauty through Rocket Fitness and Vitala Clinic, entertainment via ZAAP World, and community retail via Treasure M's Mingle Malls. Recent developments include the launch of 13 projects valued at 36.9 billion baht in 2024, multiple subsidiary formations such as Wise Estate 21 and 22 for project expansion, strategic share sales of 49% stakes in entities like Wise Estate 13 to Takara Leben (Thailand) for joint ventures, and the 2023 acquisition of control in Rhom Bho Property Public Company Limited to bolster Phuket's The Title brand portfolio; in 2025, it initiated the Employee Joint Investment Program through 2027 and partnered with Miss Thailand 2025 for brand enhancement, alongside diversification into hospitality with entities like Tittle Hotel Bangtao. Assetwise maintains over 80 projects cumulatively valued at more than 132 billion baht, earning accolades such as Most Popular Developer 2025 from LivingInsider Awards and multiple PropertyGuru Thailand Property Awards in 2024.