1. Thailand Stocks

  2. •

    Finance

  3. •

    Real estate development
Central Pattana Public Co. Ltd.

Central Pattana Public Co. Ltd.

62.50
THB
0.00
(0.00%)
4.55EPS
14.99P/E
300.70BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.49
4.97
5.41
6.16
6.41
7.52
8.18
6.21
5.53
7.93
10.16
11.18
11.15
11.53
Basic EPS, GAAP
1.42
1.63
1.76
2.06
3.02
2.5
2.62
2.13
1.59
2.4
3.36
3.73
4.2
4.47
Free Cash Flow per Basic Share
2.15
4.52
2.88
3.11
5.54
2.93
3.09
1.63
1.64
3.4
4.43
7.87
8.22
8.82
Dividend per Share
0.47
0.56
0.65
0.7
0.83
1.4
1.12
0.81
0.7
0.6
1.15
1.82
2.12
2.44
Book Value per Share
8.06
9.14
10.24
11.59
13.77
14.64
16.07
15.39
16.35
18.22
20.56
22.41
24.48
24.27
Tangible Book Value per Share
5.51
6.51
7.64
9.22
11.27
11.28
11.13
15.08
16.01
17.87
20.21
22.07
23.54
23.99
Basic Weighted Avg Shares
4,438
4,488
4,488
4,488
4,488
4,488
4,488
4,488
4,488
4,488
4,488
4,488
4,488
4,483
Sales/Revenue/Turnover
19,913
22,308
24,283
27,634
28,785
33,728
36,719
27,862
24,840
35,575
45,613
50,184
50,034
51,676
Operating Margin (%)
29.76
31.49
31.37
33.24
31.81
33.06
32.12
26.24
18.69
30.71
35.91
37.53
40.6
41.28
Depreciation Expense
3,684
4,019
4,450
5,123
5,315
5,906
7,117
7,906
8,124
8,550
8,546
9,208
9,204
9,457
Net Income, GAAP
6,293
7,307
7,880
9,244
13,568
11,216
11,738
9,557
7,148
10,760
15,062
16,729
18,841
20,030
Effective Tax Rate (%)
15.88
15.65
15.14
15.28
11.6
15.3
16.52
18.26
19.92
18.61
18.51
17.85
18.61
17.59
Profit Margin (%)
31.6
32.76
32.45
33.45
47.13
33.25
31.97
34.3
28.78
30.25
33.02
33.34
37.66
38.76
Working Capital
-9,959
-7,108
-8,393
-8,347
-1,240
-9,282
-4,697
-6,668
-20,544
-16,790
-28,322
659
-6,957
-17,517
LT Debt
13,788
11,340
17,454
13,197
7,255
19,522
25,164
71,842
95,108
98,523
83,656
103,249
93,150
87,041
Total Equity
36,824
41,748
46,801
53,005
63,880
74,176
80,462
77,123
82,075
89,620
100,582
109,829
119,260
118,436
Return on Invested Capital (%)
9.73
10.38
10.34
11.01
15.38
10.55
8.93
7.22
4.29
5.33
0.57
8.01
8.53
8.8
Return on Capital (%)
12.61
13.38
12.83
13.77
19.08
12.7
11.27
7.76
4.48
5.81
7.7
8.49
9.11
9.55
Return on Common Equity (%)
20.45
18.93
18.12
18.87
23.84
17.59
17.03
13.56
10.08
13.92
17.34
17.35
17.9
19.23

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
23,529
26,978
34,782
LT Borrowings
41,940
37,132
38,036
LT Finance Leases
51,210
51,867
49,004
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,488
4,488
4,488
Market Capitalization
247,962
279,378
300,696

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
31,962
33,998
33,334
Cash, Cash Equivalents & STI
8,806
10,469
9,146
Accounts Receivable, Net
551
869
723
Inventories
17,930
18,453
18,953
Total Current Liabilities
38,918
42,676
50,851
Payables & Accruals
12,215
13,155
13,540
ST Debt
23,529
26,978
34,782
Deferred Revenue
3,175
2,543
2,528

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.99%
9.12%
8.59%
Free Cash Flow
21.79%
44.17%
4.37%
Net Income, GAAP
12.18%
17.8%
12.63%
Sales/Revenue/Turnover
9.02%
14.06%
-0.3%
Total Cash Common Dividend
18.56%
27.67%
16.52%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11,705
12,876
12,243
13,361
50,184
2025
11,921
11,661
11,915
14,537
50,034
2026
12,590
12,634
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.93
1.01
0.92
0.87
3.73
2025
0.94
0.96
1.21
1.09
4.2
2026
1.11
1.06
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.8
0.01
- -
1.82
2025
- -
2.12
0.01
- -
2.12
2026
- -
2.43
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chanavat Uahwatanasakul
Full Time Employees
4,902
Sector
Finance
Industry
Real estate development
Address
CentralWorld Bangkok BM Thailand 10330
IPO Date
Mar 1, 1995
Website
centralpattana.co.th
Similar Companies
DLF Limited (NSE:DLF)
Opendoor Technologies Inc (NASDAQ:OPEN)
Samolet (MOEX:SMLT)
Alarko Holding A.S. (BIST:ALARK)
Godrej Properties Limited (NSE:GODREJPROP)
Lodha Developers Ltd. (NSE:LODHA)
Business
Central Pattana Public Company Limited engages primarily in property development and management, focusing on retail-led mixed-use projects in Thailand and other ASEAN countries. Its core products and services include the development and operation of premium shopping centers, community malls, residential projects, office buildings, hotels, and flex offices. The company manages a diverse portfolio of retail and mixed-use developments, including flagship projects such as CentralWorld, CentralPlaza, and CentralFestival, alongside residential condominiums and hotels. Central Pattana employs an integrated ecosystem strategy that combines retail, residential, office, and hospitality components to create comprehensive lifestyle environments. Founded in 1980 and headquartered in Bangkok, Central Pattana operates approximately 42 premium shopping centers and manages over 130 projects as of mid-2025. The company targets urban and suburban markets across Thailand and plans strategic expansions into the ASEAN region, including Vietnam. Recent major changes include a five-year investment plan worth 120-135 billion baht (approximately USD 3.5-3.8 billion) spanning 2023-2029 to develop new mixed-use projects, strengthen its retail portfolio, and expand into new business lines such as flexible office spaces. Significant recent launches include "The Central" project on Phaholyothin Road expected in late 2026, and the continued development of large-scale mixed-use centers like Central Korat and Central Chanthaburi. Central Pattana further expanded its investment scope by acquiring a majority stake in Siam Future Development Plc to broaden its retail formats and super-regional malls like Mega Bangna. It also formed strategic joint ventures for urban mixed-use projects, notably with Hongkong Land on Wireless Road, Bangkok. The company sustains growth through diversified income streams, including investments in innovative service platforms like Grab Thailand in partnership with Central Retail Corporation to enhance customer engagement and mall traffic. Operational enhancements include leasing several assets to CPN Retail Growth Leasehold Real Estate Investment Trust (CPNREIT) for long-term stable cash flows. In 2025, Central Pattana continues to lead Thailand's retail real estate market with a focus on sustainability, customer experience, and community-centric developments, integrating digital and offline services to fulfill evolving lifestyle needs. It maintains a strong financial performance and dividend policy, reinforcing its position as Thailand’s foremost retail-led mixed-use property developer. This description reflects Central Pattana’s comprehensive product and service offerings and highlights its recent major corporate undertakings and strategic business expansions.