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    Finance

  3. •

    Real estate development
Asset World Corporation Public Company Limited

Asset World Corporation Public Company Limited

3.08
THB
0.00
(0.00%)
0.20EPS
13.27P/E
85.83BMarket Cap
Nov 11Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.44
0.48
0.51
0.19
0.14
0.3
0.44
0.5
0.54
0.57
Basic EPS, GAAP
- -
- -
0.02
0.04
-0.03
0.03
0.12
0.16
0.18
0.2
0.2
Free Cash Flow per Basic Share
- -
0.17
0.13
0.15
-0.05
-0.09
-0.14
0.08
0.01
-0.05
0.07
Dividend per Share
- -
- -
- -
- -
0.01
- -
0.01
0.03
0.05
0.07
0.08
Book Value per Share
1.29
0.25
1.16
3.01
2.48
2.48
2.59
2.73
2.87
2.99
3.01
Tangible Book Value per Share
1.25
0.21
1.1
3.01
2.47
2.47
2.58
2.72
2.85
2.97
3
Basic Weighted Avg Shares
32,000
24,000
24,000
25,754
32,000
32,001
32,002
32,005
32,013
32,013
32,020
Sales/Revenue/Turnover
- -
10,477
11,611
13,175
6,011
4,488
9,556
13,989
15,902
17,356
18,129
Operating Margin (%)
- -
27.03
25.27
23.28
-6.68
-32.55
11.93
22.16
24.66
24.38
23.34
Depreciation Expense
- -
1,847
1,875
2,190
1,562
1,606
1,646
1,718
1,883
2,238
2,430
Net Income, GAAP
- -
55
469
932
-931
861
3,854
5,038
5,850
6,388
6,469
Effective Tax Rate (%)
- -
- -
24.32
32.5
- -
25.11
18.07
19.65
17.72
18.56
19.19
Profit Margin (%)
- -
0.53
4.04
7.08
-15.49
19.19
40.33
36.01
36.79
36.81
35.68
Working Capital
1,308
-31,967
-28,070
4,632
-4,830
-4,812
-7,195
-16,686
-41,084
-43,038
-22,077
LT Debt
3,785
47,157
42,794
29,814
50,739
46,246
60,271
55,870
38,789
48,713
71,984
Total Equity
77,603
8,733
36,996
96,475
82,994
82,305
83,620
87,658
91,778
95,739
96,550
Return on Invested Capital (%)
- -
- -
1.89
1.73
- -
1.44
3.52
4.2
4.47
4.49
4.28
Return on Capital (%)
- -
- -
2.33
2.11
- -
1.15
3.36
4.02
4.43
4.41
4.2
Return on Common Equity (%)
- -
0.23
2.09
1.4
-1.06
1.09
4.76
5.92
6.53
6.81
6.85

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
41,497
41,143
21,476
LT Borrowings
44,053
44,068
67,257
LT Finance Leases
4,660
4,626
4,727
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32,013
32,027
32,027
Market Capitalization
67,867
68,537
85,831

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,685
2,399
2,537
Cash, Cash Equivalents & STI
379
281
312
Accounts Receivable, Net
593
1,657
1,651
Inventories
119
109
112
Total Current Liabilities
45,723
44,596
24,614
Payables & Accruals
3,563
2,917
2,648
ST Debt
41,497
41,143
21,476
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
2.92%
4.32%
Free Cash Flow
- -
-135.02%
-579.01%
Net Income, GAAP
- -
42.17%
9.19%
Sales/Revenue/Turnover
- -
31.36%
9.14%
Total Cash Common Dividend
- -
- -
50.04%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,254
3,478
3,765
4,405
15,902
2025
4,633
3,674
4,080
4,968
17,356
2026
5,202
3,879
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.04
0.04
0.06
0.18
2025
0.06
0.04
0.04
0.06
0.2
2026
0.06
0.05
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.05
- -
- -
0.05
2025
- -
0.08
- -
- -
0.07
2026
- -
0.08
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wallapa Traisorat
Full Time Employees
6,881
Sector
Finance
Industry
Real estate development
Address
Empire Tower Bangkok BM Thailand 10120
IPO Date
Oct 10, 2019
Website
assetworldcorp-th.com
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Business
Asset World Corp Public Company Limited (AWC) is a Thailand-based integrated real estate and lifestyle property development and management company. The company operates primarily in the real estate sector with core activities including the development, ownership, and management of premium lifestyle assets comprising hotels, retail spaces, office buildings, and mixed-use developments. Its portfolio includes well-known hotel brands, high-end retail malls, serviced residences, and office properties. AWC provides services such as property and facility management, hospitality management, and leasing services, targeting both domestic and international customers. Founded in 2018 and headquartered in Bangkok, Thailand, Asset World Corp operates extensively across Thailand with a notable presence in the Southeast Asian real estate and hospitality markets. The company’s business segments focus on lifestyle properties with strategic emphasis on quality, design, and experience-based offerings to affluent and business clientele. In the last 1-2 years, Asset World Corp has pursued growth through strategic partnerships and acquisitions aimed at enhancing its portfolio of lifestyle properties. This includes expanding its hotel management capabilities with new service offerings and strengthening its retail asset base by acquiring strategic locations and partnering with key operators. The company has also implemented operational enhancements to integrate sustainable and innovative practices within its properties, aligning with global trends in real estate development and management. AWC is recognized for its comprehensive approach combining hospitality, retail, and office property services, providing a one-stop solution for lifestyle real estate needs. Its subsidiaries and affiliated entities enable integrated management and development, reinforcing its position in the competitive Thai real estate market. The company continues to leverage its brand strength and operational expertise to expand its asset base and improve returns for stakeholders.