LH Shopping Centers Leasehold

LHSC · BK · Real Estate / REIT - Diversified

15.10THB-0.10 (-0.66%)

Price History

Full chart

Market Stats

Previous Close15.20

Open15.30

Day Range15.10 – 15.30

52-Week Range10.52 – 16.00

Volume198.52K

Market Cap12.14B

P/E (TTM)9.40

Forward P/E9.27

EPS1.66

Dividend Yield15.38%

Beta0.22

50-Day Avg15.54

200-Day Avg14.43

About

LH Shopping Centers Leasehold Real Estate Investment Trust is a real estate investment trust externally managed by Land and Houses Fund Management Company Limited. The firm invest in the leasehold right in the immovable properties and the ownership in the movable properties in Terminal 21 Shopping Center from L&H Property Company Limited in an approximate total area of 97,905 square meters, for an approximate term of 26 years ending on 31 August 2040. LH Shopping Centers Leasehold Real Estate Investment Trust is based in Bangkok, Thailand.

Company Details

SectorReal Estate
IndustryREIT - Diversified
CEOMs. Sasiwee Kritsanasmith
Employees0
Headquarters11 Q. House Sathon Building, Bangkok, Thailand, 10120, Thailand
Websitehttps://www.lhscreit.com

Leadership

Ms. Sasiwee KritsanasmithExecutive VP & Assistant MD of Operating line of Land and Houses Fund Management Company Limited
Ms. Naruemon SenthongVice President of Fund Accounting Department
Ms. Pawanud IamnawachatulExecutive VP of Compliance, Audit & Risk Management of Land and Houses Fund Management Co. Ltd.
Mr. Monrat PhadungsitMD & Director of Land and Houses Fund Management Company Limited
Mr. Voranon AsavakittimetinExecutive Vice President of Infrastructure & Property Fund Group
Ms. Nisanart WongsawasitExecutive Vice President of Information Technology Dept. - Land and Houses Fund Management Co. Ltd
Mr. Natkawin JiamchoatpatanakulSenior Vice President of Infrastructure and Property Fund Department

Financials

Income Statement

Currency: THB	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	1.12B	1.17B	1.23B	1.30B	1.32B	662.26M	383.20M	809.28M	1.26B	1.56B	2.70B
Growth (%)	-	+4.16%	+4.73%	+6.23%	+1.23%	-49.77%	-42.14%	+111.19%	+55.90%	+24.04%	+72.42%
Cost of Revenue	484.74M	519.29M	538.09M	563.41M	540.71M	330.28M	248.00M	409.98M	547.31M	619.63M	1.04B
Gross Profit	639.25M	651.41M	688.00M	739.13M	777.85M	331.98M	135.20M	399.29M	714.36M	945.31M	1.65B
Gross Margin	56.87%	55.64%	56.11%	56.75%	58.99%	50.13%	35.28%	49.34%	56.62%	60.41%	61.30%
Operating Expense	-160.25M	154.78M	176.42M	186.30M	174.48M	100.69M	77.53M	165.80M	159.32M	205.41M	331.36M
Operating Income	799.50M	496.64M	511.58M	552.83M	603.37M	231.29M	57.68M	233.49M	555.04M	739.90M	1.32B
Operating Margin	71.13%	42.42%	41.72%	42.44%	45.76%	34.92%	15.05%	28.85%	43.99%	47.28%	49.01%
EBITDA	856.13M	558.59M	572.50M	589.57M	630.39M	231.29M	57.68M	313.04M	587.74M	830.46M	1.50B
EBITDA Margin	76.17%	47.71%	46.69%	45.26%	47.81%	34.92%	15.05%	38.68%	46.58%	53.07%	55.46%
Net Income	799.50M	512.56M	526.59M	548.57M	601.14M	118.22M	-29.49M	289.23M	554.22M	789.14M	1.37B
Net Income Margin	71.13%	43.78%	42.95%	42.12%	45.59%	17.85%	-7.70%	35.74%	43.93%	50.43%	50.60%
R&D	-	0.44	0.43	0.42	0.46	0.22	0.01	0.36	0.44	-	-
R&D as % of Total Revenue	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	45.90M	46.03M	45.91M	40.99M	29.25M	24.30M	23.29M	23.81M	33.53M	41.32M	131.06M
Interest Expense % of Total Revenue	4.08%	3.93%	3.74%	3.15%	2.22%	3.67%	6.08%	2.94%	2.66%	2.64%	4.86%

Balance Sheet

Currency: THB	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	6.68B	7.05B	7.03B	7.13B	7.08B	7.20B	7.00B	6.90B	7.03B	7.15B	13.38B	13.77B
Total Liabilities	1.69B	1.45B	1.45B	1.47B	1.31B	1.29B	1.17B	1.15B	1.17B	1.14B	4.04B	3.96B
Total Equity	4.99B	5.59B	5.58B	5.66B	5.77B	5.91B	5.83B	5.76B	5.86B	6.00B	9.34B	9.81B
Cash	120.23M	113.03M	100.00M	89.29M	92.38M	97.40M	160.36M	145.39M	160.94M	128.07M	928.16M	247.24M
Total Debt	1.08B	1.08B	1.08B	1.08B	900.00M	900.00M	837.96M	833.79M	835.22M	736.54M	3.25B	3.14B
Net Debt	959.77M	966.97M	980.00M	990.71M	807.62M	802.60M	677.60M	688.40M	674.28M	608.46M	2.32B	2.90B

Cash Flow

Currency: THB	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	235.78M	554.24M	483.60M	662.84M	503.04M	373.53M	85.76M	223.43M	505.20M	-3.55B	1.24B
Investing Cash Flow	-	-	-	-	-	279.21M	65.12M	-93.78M	-150.93M	-4.58B	-1.60B
Financing Cash Flow	-242.98M	-567.28M	-494.31M	-659.75M	-498.03M	-310.57M	-100.72M	-207.88M	-538.07M	4.35B	-321.24M
Capital Expenditure	0	0	0	0	0	0	0	0	3	0	0
Free Cash Flow	235.78M	554.24M	483.60M	662.84M	503.04M	373.53M	85.76M	223.43M	505.20M	-3.55B	1.24B
Dividends Paid	196.20M	521.25M	448.53M	439.26M	468.05M	222.07M	73.21M	185.46M	409.97M	556.94M	890.88M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	83.21%	94.05%	92.75%	66.27%	93.04%	59.45%	85.37%	83.01%	81.15%	-15.71%	71.70%

Earnings

Report Date	Mar 31, 2015	Jun 30, 2015	Sep 30, 2015	Dec 31, 2015	Mar 31, 2016	Aug 10, 2016	Nov 10, 2016	Feb 27, 2017	May 15, 2017	Aug 11, 2017	Nov 13, 2017	Feb 26, 2018	May 15, 2018	Aug 14, 2018	Sep 30, 2018	Dec 31, 2018	Mar 31, 2019	Jun 30, 2019	Sep 30, 2019	Dec 31, 2019	May 15, 2020	Aug 14, 2020	Nov 13, 2020	Feb 25, 2021	May 14, 2021	Aug 13, 2021	Nov 12, 2021	Feb 28, 2022	May 17, 2022	Aug 11, 2022	Nov 11, 2022	Feb 27, 2023	May 15, 2023	Aug 10, 2023	Nov 13, 2023	Feb 28, 2024	May 15, 2024	Aug 13, 2024	Nov 12, 2024	Feb 28, 2025	May 16, 2025	Aug 13, 2025	Nov 13, 2025	Feb 27, 2026	May 13, 2026	Aug 14, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.29	0.20	0.25	0.24	-	0.28	0.32	0.31	0.29	-	0.38	-	-	0.41	0.41
EPS Actual	0.21	0.21	1.03	0.19	0.23	0.24	0.34	0.23	0.24	0.26	0.37	0.20	0.27	0.28	0.36	0.21	0.30	0.30	0.36	0.27	0.24	-0.20	0.21	0.05	0.09	0.06	-0.29	0.14	0.12	0.15	0.00	0.31	0.27	0.29	0.28	0.30	0.34	0.31	0.34	0.24	0.53	0.38	0.59	0.30	0.43	0.40
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.90%	35.00%	16.00%	16.67%	-	21.43%	-3.13%	9.68%	-17.24%	-	0.00%	-	-	4.88%	-2.44%
Timing	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	Pre-market	-	Pre-market	-	-	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap12.14B

Enterprise Value14.81B

Trailing P/E9.40

Forward P/E9.27

Price / Sales4.40

Price / Book1.21

EPS1.66

Book Value12.74

Revenue (TTM)2.76B

Gross Profit (TTM)1.70B

Profit Margin46.87%

Operating Margin49.48%

Return on Equity13.26%

Return on Assets6.14%

Shares Outstanding778.06M

Shares Float661.97M

Beta0.22

Dividend Yield15.38%

Dividend Rate2.40

Payout Ratio48.86%

Dividends

20265×

0.22Nov 9, 20260.20Aug 27, 20260.20Jul 7, 20260.20Apr 10, 20260.24Mar 11, 2026

20256×

0.22Dec 15, 20250.18Oct 31, 20250.18Aug 27, 20250.18Jul 7, 20250.18Apr 10, 20250.20Mar 12, 2025

20246×

0.15Dec 9, 20240.17Nov 11, 20240.18Aug 27, 20240.18Jul 8, 20240.17Apr 4, 20240.20Mar 11, 2024

20236×

0.17Dec 13, 20230.16Nov 10, 20230.15Aug 22, 20230.13Jul 6, 20230.13Apr 11, 20230.11Mar 8, 2023

20221×

0.09Dec 21, 2022