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Sansiri Public Company Limited

Sansiri Public Company Limited

SIRI.BK
Sansiri Public Company LimitedTH flagStock Exchange of Thailand
1.43
THB
-0.03
- -
25.14BMarket Cap
Sansiri Public Company Limited
SIRI.BK
(Stock Exchange of Thailand)

Recent

price

1.43

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.71
2.94
4.08
2.47
2.75
2.62
2.39
2.18
1.8
1.75
2.38
1.98
2.3
2.3
2.25
1.95
1.94
Revenue per Share
0.27
0.29
0.4
0.16
0.33
0.25
0.24
0.2
0.14
0.17
0.12
0.14
0.29
0.38
0.31
0.26
0.26
Basic EPS, GAAP
-0.49
-0.51
-0.48
-0.89
-0.61
0.65
0.59
0.12
-0.43
-0.6
0.09
-0.21
-0.08
-0.11
0.6
0.71
0.24
Free Cash Flow per Basic Share
0.11
0.03
0.14
0.12
0.09
0.12
0.16
0.13
0.11
0.1
0.07
0.07
0.1
0.23
0.19
0.16
0.16
Dividend per Share
1.37
1.54
1.83
1.33
2.15
1.72
1.78
1.91
1.83
1.94
1.97
2
2.15
2.25
2.25
2.32
2.37
Book Value per Share
1.24
1.61
1.99
1.41
2.36
1.88
1.94
2.13
2.04
2.11
2.38
2.43
2.63
2.66
2.85
2.87
2.92
Tangible Book Value per Share
6,920
7,029
7,373
11,716
10,339
14,253
14,286
14,352
14,839
14,212
14,541
14,871
14,890
16,067
17,119
17,407
17,423
Basic Weighted Avg Shares
18,725
20,653
30,055
28,966
28,435
37,397
34,142
31,291
26,674
24,929
34,603
29,449
34,221
36,886
38,556
33,871
33,861
Sales/Revenue/Turnover
184.55
14.42
13.71
9.98
14.15
14.76
14.12
11.66
9.52
6.74
6.86
11.77
13.05
16.79
12.19
12.67
12.8
Operating Margin (%)
254
313
324
281
317
271
258
256
310
429
827
817
850
905
817
798
806
Depreciation Expense
1,898
2,015
2,938
1,930
3,393
3,506
3,380
2,825
2,046
2,392
1,673
2,017
4,280
6,060
5,253
4,513
4,564
Net Income, GAAP
27.01
27.87
24.51
16.6
21.65
26.16
21.84
22.74
20.7
21.46
34.27
27.54
20.92
19.8
18.36
20.63
20.86
Effective Tax Rate (%)
10.13
9.76
9.78
6.66
11.93
9.37
9.9
9.03
7.67
9.6
4.84
6.85
12.51
16.43
13.62
13.32
13.48
Profit Margin (%)
16,943
17,425
22,900
33,569
37,712
39,185
35,999
23,933
41,617
46,343
38,196
28,394
54,938
65,005
59,845
48,584
45,691
Working Capital
11,045
9,274
12,419
22,816
19,980
20,961
21,699
17,186
33,272
45,476
40,500
36,063
39,922
45,615
47,227
36,488
34,180
LT Debt
9,448
11,846
15,225
17,068
24,816
27,198
28,096
30,919
30,852
31,875
39,197
40,967
44,041
47,408
48,990
50,062
51,084
Total Equity
116.32
7.47
8.73
5.27
5.42
6.48
6.02
4.31
2.69
1.5
1.64
2.47
3.17
4.05
2.87
2.51
2.68
Return on Invested Capital (%)
9.74
7.78
9.42
5.57
6.99
6.76
6.48
5.15
3.52
3.84
2.84
3.17
4.96
5.94
4.66
4.04
4.32
Return on Capital (%)
21.42
19.88
24.21
13.28
17.93
14.98
13.52
10.69
7.5
8.74
5.95
6.91
13.86
17.79
14.1
11.45
11.34
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
44,967
46,691
45,508
LT Borrowings
27,437
35,472
33,178
LT Finance Leases
1,059
1,016
1,001
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17,437
17,438
17,486
Market Capitalization
25,400
23,312
23,696

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
110,241
104,769
105,820
Cash, Cash Equivalents & STI
5,657
5,948
6,014
Accounts Receivable, Net
758
562
660
Inventories
99,115
94,103
94,739
Total Current Liabilities
61,870
56,185
60,129
Payables & Accruals
12,785
6,023
10,952
ST Debt
44,967
46,691
45,508
Deferred Revenue
3,209
2,756
2,741

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.46%
5.04%
2.19%
Free Cash Flow
-165.61%
-204.11%
20.05%
Net Income, GAAP
8.62%
29.39%
-14.08%
Sales/Revenue/Turnover
0.2%
0.3%
-12.15%
Total Cash Common Dividend
13.22%
34.75%
-17.34%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,723
9,282
9,335
10,196
38,556
2025
6,640
8,771
7,870
10,591
33,871
2026
6,629
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.08
0.08
- -
0.31
2025
0.05
0.07
0.06
- -
0.26
2026
0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.09
0.07
- -
0.19
2025
0.01
0.07
0.05
- -
0.16
2026
- -
- -
- -
- -
- -
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Business
Sansiri Public Company Limited is a Thailand-based property development company engaged primarily in the development and sale of residential real estate including single-detached houses, semi-detached houses, townhomes, condominiums, and home offices. The company operates multiple business segments comprising property development; building management, project management, and real estate brokerage services; hotel management under brands such as The Peri Hotel and The Standard Hotel; and other related businesses such as property management and retail activities. Sansiri targets diverse market segments ranging from affordable to luxury residential properties, with notable high-end projects under its Sansiri Luxury Collection such as Narasiri Phahol-Watcharapol and BuGaan series. It also undertakes investments in leasehold commercial buildings like Habito Mall and expands into regional development in key Thai cities including Bangkok, Chiang Mai, Phuket, Khon Kaen, and Pattaya. Founded in 1984 and headquartered in Bangkok, Thailand, Sansiri has expanded geographically with sales offices in Singapore, Hong Kong, and major cities in China. The company is listed on the Stock Exchange of Thailand since 1996. Recent major changes include a strategic focus shift toward the premium market segment aiming to launch 29 new projects in 2025 worth approximately 52 billion baht, representing a 12% year-over-year increase. The portfolio emphasizes luxury and premium residences with launches in Bangkok metropolitan and CBD areas. Sansiri has formed joint ventures such as with BTS Group Holdings for condominium development along Bangkok’s mass transit lines, launched a super luxury project Narasiri Phahol-Watcharapol valued at 5.1 billion baht, and began operations of a precast factory to improve construction efficiency. The company also entered into a disposal agreement of shares in Buraya to Mitsui Fudosan Asia Development. Sansiri demonstrates commitment to sustainable growth, launching 46 projects worth 61 billion baht in 2024 and focusing on integrated living solutions with attention to environmental and social governance principles. Sansiri’s business model integrates property development with comprehensive property services including brokerage, sales management, and property management, alongside hotel operation and retail ventures. The multifaceted approach positions Sansiri as a leading full-service property developer in Thailand, catering to a broad customer base from mass market to luxury clients while expanding regional presence and enhancing operational efficiency through technological and strategic advancements. The company maintains a strong focus on financial discipline, liquidity management, and shareholder yield enhancement amid Thailand’s economic recovery environment. It also owns controlling interests in hospitality brands and continues to explore investments in lifestyle, work, recreation, and technological innovation sectors to diversify growth avenues.