1. Thailand Stocks

  2. •

    Consumer services

  3. •

    Hotels/Resorts/Cruise lines
S Hotels & Resorts Public Co., Ltd.

S Hotels & Resorts Public Co., Ltd.

1.47
THB
-0.01
(-0.68%)
-0.45EPS
6.11BMarket 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
- -
0.5
1.19
1.61
0.43
1.26
2.42
2.7
2.88
2.87
2.84
Basic EPS, GAAP
- -
0.05
0.11
-0.2
-0.66
-0.34
- -
0.02
0.04
-0.44
-0.45
Free Cash Flow per Basic Share
- -
-0.27
-1.9
-1.46
-0.5
-0.12
0.32
-0.16
0.26
0.28
0.27
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.04
0.07
Book Value per Share
0.02
0.05
3.33
4.99
4.36
4.42
4.46
4.48
4.43
3.72
3.93
Tangible Book Value per Share
-0.07
-0.03
2.48
4.2
4.05
3.94
3.98
4
3.96
3.4
3.6
Basic Weighted Avg Shares
3,664
2,156
2,156
2,369
3,594
3,594
3,594
3,594
3,594
3,594
3,588
Sales/Revenue/Turnover
- -
1,074
2,576
3,818
1,563
4,512
8,693
9,701
10,352
10,299
10,176
Operating Margin (%)
- -
24.86
7.93
-3.21
-158.53
-18.32
8.49
10.3
12.04
-7.22
-7.98
Depreciation Expense
- -
160
383
676
986
1,189
1,116
1,271
1,254
1,198
1,156
Net Income, GAAP
- -
113
232
-467
-2,371
-1,234
14
86
134
-1,586
-1,615
Effective Tax Rate (%)
- -
17.7
7.16
- -
- -
- -
47.43
51.38
19.58
- -
- -
Profit Margin (%)
- -
10.53
9.01
-12.23
-151.68
-27.35
0.17
0.89
1.29
-15.4
-15.87
Working Capital
-733
4,523
-5,755
2,220
-81
-2,199
357
287
-2,579
-844
-1,129
LT Debt
2,058
1,948
2,824
7,465
6,832
13,018
14,642
16,514
12,626
13,666
13,229
Total Equity
2,668
8,774
11,984
17,923
15,676
15,882
16,019
16,091
15,926
13,373
14,112
Return on Invested Capital (%)
- -
2.59
1.13
- -
- -
- -
1.24
1.85
3.41
- -
- -
Return on Capital (%)
- -
0.14
1.71
- -
- -
- -
1.37
1.89
3.07
- -
- -
Return on Common Equity (%)
- -
85.46
3.81
-3.12
-14.11
-7.82
0.09
0.54
0.84
-10.83
-10.78

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,591
3,434
3,306
LT Borrowings
10,014
9,126
9,467
LT Finance Leases
3,652
3,738
3,762
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,594
3,594
3,594
Market Capitalization
6,145
5,965
6,109

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,706
4,035
4,011
Cash, Cash Equivalents & STI
2,295
2,467
2,415
Accounts Receivable, Net
356
360
232
Inventories
244
257
262
Total Current Liabilities
4,550
5,261
5,140
Payables & Accruals
1,084
1,017
1,154
ST Debt
2,591
3,434
3,306
Deferred Revenue
654
625
554

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-2.89%
-16.03%
Free Cash Flow
- -
-171.33%
8.29%
Net Income, GAAP
- -
-175.5%
-1,284.2%
Sales/Revenue/Turnover
- -
59.83%
-0.51%
Total Cash Common Dividend
- -
- -
199.91%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,743
2,469
2,534
2,607
10,352
2025
2,622
2,401
2,578
2,698
10,299
2026
2,634
2,266
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
-0.02
-0.02
0.04
0.04
2025
0.05
0.01
0.04
-0.53
-0.44
2026
0.07
-0.03
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
- -
- -
0.01
2025
- -
0.03
0.02
- -
0.04
2026
- -
0.05
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Michael David Marshall
Full Time Employees
2,367
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
123 Suntowers Building B Bangkok BM Thailand 10900
IPO Date
Nov 12, 2019
Website
shotelsresorts.com
Similar Companies
Airbnb, Inc. (NASDAQ:ABNB)
Carnival Corporation Ltd. (NYSE:CCL)
Indian Hotels Co. Ltd. (NSE:INDHOTEL)
Royal Caribbean Cruises Ltd. (NYSE:RCL)
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH)
Marriott International (NASDAQ:MAR)
Business
S Hotels and Resorts Public Company Limited S Hotels and Resorts Public Company Limited (SHR.BK), the hospitality arm of Singha Estate Public Company Limited, operates as a holding company engaged in hotel and resort management and investments in international hospitality properties. The company owns and manages a portfolio of 33 hotels with 4,061 keys across premium tourism destinations including the Republic of Maldives, Republic of Fiji, Republic of Mauritius, the United Kingdom, and Thailand; its core offerings encompass luxury resorts and lifestyle properties under brands such as SAii, Santiburi Koh Samui, Hard Rock Hotel Maldives, SAii Lagoon Maldives (Curio Collection by Hilton), SO/ Maldives, and CROSSROADS Maldives integrated leisure destination, complemented by dining concepts like Terra & Mar, SAii Beach Club, and Santiburi Spa, as well as wellness, MICE facilities, and yacht marina services. Incorporated in 2019 and headquartered at 123 Suntowers Building B, 10th Floor, Vibhavadi-Rangsit Road, Chom Phon, Chatuchak, Bangkok 10900, Thailand, S Hotels and Resorts targets upscale and luxury travelers seeking sustainable, immersive experiences blending Thai-inspired hospitality with global standards in nature-focused, culturally authentic locales. In recent developments, the company reported record revenues of 10.352 billion baht for 2024 and total revenue of 5.023 billion baht for the first half of 2025, alongside a five-year asset rotation and expansion plan targeting 50 additional hotels through acquisitions and management contracts with a 15 billion baht war chest aiming for 12-15% IRR. It partnered with Global Hotel Alliance in July 2025 to join the GHA DISCOVERY loyalty program, enhancing direct bookings and guest data insights across its properties, while collaborating with Singapore-based Ascott to manage four UK hotels and advancing its SAii brand as a sustainable luxury offering via an asset-light model including new F&B launches like SAii Beach Club and EIC-certified event management. These initiatives, including defensive renovations and brand enhancement strategies outlined at the 2025 AGM, support portfolio optimization and profitability growth amid a focus on biodiversity conservation and UN Sustainable Development Goals.