1. Thailand Stocks

  2. •

    Consumer services

  3. •

    Hotels/Resorts/Cruise lines
Grande Asset Hotels & Property Public Co. Ltd.

Grande Asset Hotels & Property Public Co. Ltd.

0.02
THB
0.00
(0.00%)
-0.18EPS
280.23MMarket Cap
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
0.2
0.81
0.23
0.23
0.37
0.48
0.41
0.14
0.07
0.19
0.28
0.28
0.22
0.22
Basic EPS, GAAP
- -
0.1
-0.02
- -
0.12
0.04
-0.04
-0.14
-0.24
-0.11
-0.08
-0.07
-0.17
-0.18
Free Cash Flow per Basic Share
-0.16
0.23
- -
-0.17
-0.02
-0.04
-0.08
-0.14
-0.13
-0.04
- -
-0.12
-0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.4
0.5
0.48
0.48
0.6
0.62
0.57
0.42
0.59
0.41
0.33
0.24
0.07
0.04
Tangible Book Value per Share
0.33
0.44
0.48
0.43
0.55
0.62
0.52
0.41
0.58
0.4
0.32
0.24
0.07
0.04
Basic Weighted Avg Shares
6,037
6,030
6,030
6,271
6,271
6,890
7,257
7,232
7,232
8,895
9,341
9,351
9,354
9,356
Sales/Revenue/Turnover
1,226
4,886
1,361
1,417
2,300
3,338
2,973
1,000
515
1,726
2,621
2,637
2,055
2,057
Operating Margin (%)
-7.09
19.73
-4.56
7.72
11.46
6.85
2.15
-81.42
-179.32
-23.33
-1.3
-2.01
-29.7
-33.88
Depreciation Expense
176
204
232
235
233
271
366
507
511
421
398
364
290
289
Net Income, GAAP
-14
602
-120
6
723
283
-304
-1,038
-1,728
-946
-753
-673
-1,543
-1,669
Effective Tax Rate (%)
- -
24.41
- -
82.13
11.29
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-1.12
12.32
-8.85
0.42
31.43
8.48
-10.21
-103.83
-335.82
-54.82
-28.73
-25.54
-75.12
-81.11
Working Capital
1,084
312
-25
847
1,748
1,156
556
-1,156
-1,486
-433
-2,927
-1,211
-4,889
-5,106
LT Debt
2,783
993
898
2,825
2,965
5,422
6,550
5,633
7,870
9,195
7,710
5,642
2,979
2,906
Total Equity
2,430
3,032
2,896
2,902
3,623
4,562
4,160
3,111
4,381
3,918
3,181
2,316
707
469
Return on Invested Capital (%)
- -
11.07
- -
0.37
11.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
13.44
- -
0.37
11.42
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-0.56
22.04
-4.06
0.2
22.16
6.97
-7.06
-29
-47.18
-23.44
-21.9
-25.51
-108.87
-133.6

Capital Structure

THB

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
8,615
5,815
5,921
LT Borrowings
133
2,905
2,818
LT Finance Leases
86
74
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,341
9,341
9,341
Market Capitalization
467
280
280

Working Capital

THB

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,534
2,808
2,750
Cash, Cash Equivalents & STI
231
222
255
Accounts Receivable, Net
63
93
90
Inventories
1,361
1,165
1,163
Total Current Liabilities
10,451
7,698
7,856
Payables & Accruals
1,267
1,280
1,329
ST Debt
8,615
5,815
5,921
Deferred Revenue
139
127
103

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.83%
-17.04%
-69.46%
Free Cash Flow
1,362.59%
705.03%
-90.42%
Net Income, GAAP
1,215.36%
23.9%
129.25%
Sales/Revenue/Turnover
25.14%
43.44%
-22.08%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
759
599
603
675
2,637
2025
633
414
414
594
2,055
2026
636
- -
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.03
-0.01
-0.02
-0.07
2025
-0.01
-0.03
-0.04
-0.09
-0.17
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Vitavas Vibhagool
Full Time Employees
800
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
Exchange Tower Building Bangkok BM Thailand 10110
IPO Date
Feb 10, 2004
Website
grandeasset.com
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Business
Grande Asset Hotels and Property Public Company Limited Grande Asset Hotels and Property Public Company Limited (GRAND.BK) engages primarily in hotel operations, property development, and rental businesses in Thailand. The company operates through three main segments: hotel business, which includes ownership and management of luxury and five-star hotels such as Sheraton Hua Hin Resort & Spa, Sheraton Hua Hin Pranburi Villas, and other beachfront and urban properties managed by international brands like Marriott International and Hyatt International; property development business, featuring high-end condominiums like Trendy Condominium, Hyde Sukhumvit, and Hua Hin Blue Lagoon Resort targeted at medium- to high-income local and foreign buyers in prime locations near mass transit and tourist attractions; and rental business, encompassing shopping plazas and investment properties. Grande Asset Hotels and Property focuses on upper-scale hospitality and real estate for high-purchasing-power tourists, business travelers, and residents, with operations concentrated in key Thai destinations including Bangkok, Cha-am, Petchaburi, Pranburi, and Hua Hin. Founded in 1988 and headquartered in Bangkok at Exchange Tower Building, the company, formerly known as Grande Asset Development Public Company Limited until its name change in February 2008, employs approximately 739 people and maintains subsidiaries for integrated operations. Recent developments include the sale of the Hyatt Regency Bangkok Sukhumvit property in November 2024 as part of ongoing portfolio optimization, alongside steady revenue from hotel operations, real estate sales, and rentals as reflected in its 2025 interim financials showing total revenues of 1.05 billion baht for the first half.