YOLFTbeta
GV

Golden Ventures Leasehold Real Estate Investment Trust

GVREIT · BK · Real Estate / REIT - Office

7.00THB-0.05 (-0.71%)

Price History

Full chart

Market Stats

Previous Close7.05
Open7.05
Day Range7.00 – 7.05
52-Week Range5.71 – 8.30
Volume411.30K
Market Cap5.99B
P/E (TTM)61.25
Forward P/E0.00
EPS0.12
Dividend Yield10.20%
Beta0.32
50-Day Avg7.88
200-Day Avg7.12

About

Golden Ventures Leasehold Real Estate Investment Trust, a real estate investment trust, engages in the rental of properties in Thailand. It holds leasehold rights of Park Ventures Ecoplex building, as well as land and building sub-lease rights of Sathorn Square located at the Central Business District of Thailand. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was founded in 2016 and is based in Bangkok, Thailand.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Palat Lertphitchaphong
  • Employees0
  • Headquarters22nd Floor, Mitrtown Office Tower, Bangkok, Thailand, 10330, Thailand
  • Websitehttps://www.gvreit.com

Leadership

  • Mr. Palat LertphitchaphongDeputy MD & Acting Head of Investor Relations and Operational Support
  • Ms. Chamaiporn YowvaSenior Manager Comp & Risk Mgmt of Frasers Property Commercial Asset Management (Thailand) Co., Ltd.
  • Mr. Thanarat BoonyakosolManaging Director of Frasers Property Commercial Asset Management (Thailand) Co., Ltd.
  • Ms. Anuta TubklaiSr Manager of Asset Mgmt Dept. Frasers Property Commercial Asset Mgmt (Thailand) Co., Ltd.
  • Ms. Rapeepan InleeManager of Asset Management of Frasers Property Commercial Asset Management (Thailand) Co., Ltd.
  • Mr. Somboon WasinchutchawalExecutive Director of Frasers Property Commercial Asset Management (Thailand) Co., Ltd. · b. 1963

Financials

Income Statement

Currency: THB2016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue539.54M1.08B1.14B1.21B1.18B1.11B1.13B1.16B1.13B1.12B
Growth (%)-+100.71%+4.91%+6.44%-2.50%-5.63%+1.63%+2.63%-2.34%-1.03%
Cost of Revenue161.17M286.72M310.91M347.94M354.40M277.86M283.45M307.54M311.08M302.31M
Gross Profit378.37M796.22M825.25M861.39M824.70M834.88M865.30M853.15M822.44M819.51M
Gross Margin70.13%73.52%72.64%71.23%69.94%75.03%76.51%73.50%72.56%73.05%
Operating Expense362.49M25.00M4.40M30.82M30.25M4.01M18.07M12.65M22.01M35.29M
Operating Income15.88M771.21M820.85M830.57M794.45M830.87M847.23M840.50M800.43M784.22M
Operating Margin2.94%71.21%72.25%68.68%67.38%74.67%74.92%72.41%70.61%69.91%
EBITDA352.10M735.15M1.12B960.86M820.27M848.79M847.23M670.51M560.95M269.06M
EBITDA Margin65.26%67.89%98.43%79.45%69.57%76.28%74.92%57.77%49.49%23.98%
Net Income244.28M647.33M1.06B888.30M747.18M705.21M642.74M565.72M457.67M167.76M
Net Income Margin45.28%59.78%93.23%73.45%63.37%63.38%56.83%48.74%40.38%14.95%
R&D0.450.590.930.730.630.620.570.49--
R&D as % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense073.64M59.13M72.56M73.09M107.92M105.11M104.79M103.28M101.31M
Interest Expense % of Total Revenue0.00%6.80%5.20%6.00%6.20%9.70%9.29%9.03%9.11%9.03%

Balance Sheet

Currency: THB2016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets10.54B10.56B11.04B11.26B11.35B12.20B12.21B12.11B11.89B11.37B
Total Liabilities2.31B2.35B2.39B2.41B2.42B3.21B3.20B3.18B3.14B3.10B
Total Equity8.22B8.22B8.65B8.85B8.93B8.99B9.01B8.94B8.75B8.27B
Cash113.58M134.65M91.00M52.88M37.16M55.56M40.47M209.73M78.97M54.73M
Total Debt2.00B2.00B2.00B2.00B2.00B2.80B2.79B2.75B2.71B2.68B
Net Debt1.89B1.87B1.91B1.94B1.96B2.74B2.75B2.54B2.63B2.62B

Cash Flow

Currency: THB2016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-9.72B743.12M623.51M722.10M723.59M810.50M709.06M956.57M655.07M756.77M
Investing Cash Flow---243.59M-153.52M-108.02M-60.49M-132.80M125.17M-160.99M-33.89M
Financing Cash Flow9.83B-722.04M-667.16M-760.22M-739.30M-792.10M-724.15M-787.31M-785.83M-781.00M
Capital Expenditure0000005400
Free Cash Flow-9.72B743.12M623.51M722.10M723.59M810.50M709.06M956.57M655.07M756.77M
Dividends Paid168.26M553.81M626.69M687.62M666.50M644.67M612.72M639.87M638.20M651.57M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-1.73%74.52%100.51%95.23%92.11%79.54%86.41%66.89%97.42%86.10%

Earnings

Report DateJun 30, 2016Sep 30, 2016Dec 31, 2016Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Aug 28, 2019Nov 27, 2019Feb 26, 2020Jun 3, 2020Sep 2, 2020Dec 2, 2020Mar 3, 2021Jun 2, 2021Aug 9, 2021Nov 25, 2021Feb 10, 2022May 13, 2022Aug 15, 2022Nov 24, 2022Feb 16, 2023May 15, 2023Aug 15, 2023Nov 28, 2023Feb 15, 2024May 15, 2024Aug 14, 2024Nov 28, 2024Feb 13, 2025May 13, 2025Aug 15, 2025Nov 26, 2025Feb 16, 2026May 19, 2026Aug 17, 2026
EPS Estimate--------------------------0.23--------------
EPS Actual0.200.090.210.220.220.150.220.230.240.610.230.240.230.380.240.230.200.250.280.230.250.100.240.230.240.070.230.240.24-0.03-0.030.240.22-0.110.250.250.24-0.530.210.240.20
Surprise--------------------------0.00%--------------
Timing-----------------------------------------

Key Statistics & Ratios

Market Cap5.99B
Enterprise Value8.83B
Trailing P/E61.25
Forward P/E0.00
Price / Sales5.37
Price / Book0.74
EPS0.12
Book Value10.24
Revenue (TTM)1.12B
Gross Profit (TTM)824.75M
Profit Margin8.62%
Operating Margin71.86%
Return on Equity1.12%
Return on Assets4.16%
Shares Outstanding814.80M
Shares Float548.99M
Beta0.32
Dividend Yield10.20%
Dividend Rate0.75
Payout Ratio6.30%

Dividends

20263×
0.19Aug 26, 20260.19May 26, 20260.18Feb 26, 2026
20254×
0.18Dec 9, 20250.20Aug 27, 20250.20May 28, 20250.20Feb 26, 2025
20244×
0.20Dec 11, 20240.20Aug 28, 20240.19May 28, 20240.20Feb 27, 2024
20234×
0.19Dec 12, 20230.20Aug 28, 20230.20May 26, 20230.20Feb 27, 2023
20224×
0.19Dec 8, 20220.20Aug 26, 20220.19May 26, 20220.20Feb 23, 2022
20214×
0.18Dec 9, 20210.20Aug 23, 20210.19May 21, 20210.20Feb 25, 2021
20201×
0.20Dec 3, 2020