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S Hotels and Resorts Public Company Limited

S Hotels and Resorts Public Company Limited

SHR.BK
S Hotels and Resorts Public Company LimitedTH flagStock Exchange of Thailand
1.73
THB
+0.01
- -
6.22BMarket Cap
S Hotels and Resorts Public Company Limited
SHR.BK
(Stock Exchange of Thailand)

Recent

price

1.73

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.5
1.19
1.61
0.43
1.26
2.42
2.7
2.88
2.87
2.92
Revenue per Share
- -
0.05
0.11
-0.2
-0.66
-0.34
- -
0.02
0.04
-0.44
-0.42
Basic EPS, GAAP
- -
-0.27
-1.9
-1.46
-0.5
-0.12
0.32
-0.16
0.26
0.28
0.31
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.01
0.04
0.05
Dividend per Share
- -
0.08
5.17
7.54
4.31
3.97
3.97
4.12
4.14
3.64
3.78
Book Value per Share
- -
3.93
4.14
6.37
4.05
3.94
3.98
4
3.96
3.4
3.67
Tangible Book Value per Share
- -
2,156
2,156
2,369
3,594
3,594
3,594
3,594
3,594
3,594
3,535
Basic Weighted Avg Shares
- -
1,074
2,576
3,818
1,563
4,512
8,693
9,701
10,352
10,299
10,311
Sales/Revenue/Turnover
- -
24.86
7.93
-3.21
-158.53
-18.32
8.49
10.3
12.04
-7.22
-6.85
Operating Margin (%)
- -
160
383
676
986
1,189
1,116
1,271
1,254
1,198
1,159
Depreciation Expense
- -
113
232
-467
-2,371
-1,234
14
86
134
-1,586
-1,497
Net Income, GAAP
- -
17.7
7.16
- -
- -
- -
47.43
51.38
19.58
- -
70.85
Effective Tax Rate (%)
- -
10.53
9.01
-12.23
-151.68
-27.35
0.17
0.89
1.29
-15.4
-14.52
Profit Margin (%)
-733
4,523
-5,755
2,220
-81
-2,199
357
287
-2,579
-844
-1,226
Working Capital
2,058
1,948
2,824
7,465
6,832
13,018
14,642
16,514
12,626
13,666
12,864
LT Debt
2,668
8,774
11,984
17,923
15,676
15,882
16,019
16,091
15,926
13,373
14,130
Total Equity
- -
2.59
1.13
- -
- -
- -
1.17
1.45
2.99
- -
3.16
Return on Invested Capital (%)
- -
0.14
1.76
- -
- -
- -
1.44
1.99
3.18
- -
1.13
Return on Capital (%)
- -
96.16
4.1
-3.22
-14.22
-8.3
0.1
0.59
0.9
-11.34
-10.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,172
2,591
3,434
LT Borrowings
11,825
10,014
9,126
LT Finance Leases
3,717
3,652
3,738
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,594
3,594
3,594
Market Capitalization
5,661
6,050
5,868

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
3,808
3,706
4,035
Cash, Cash Equivalents & STI
2,392
2,295
2,467
Accounts Receivable, Net
308
356
360
Inventories
231
244
257
Total Current Liabilities
2,726
4,550
5,261
Payables & Accruals
877
1,084
1,017
ST Debt
1,172
2,591
3,434
Deferred Revenue
538
654
625

Growth Rates

FRC

•

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

FRC

•

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
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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