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TP

Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust

TPRIME · BK · Real Estate / REIT - Office

8.10THB+0.10 (+1.25%)

Price History

Full chart

Market Stats

Previous Close8.00
Open8.00
Day Range8.00 – 8.10
52-Week Range6.27 – 8.90
Volume3.50K
Market Cap4.71B
P/E (TTM)10.89
Forward P/E0.00
EPS0.79
Dividend Yield6.42%
Beta0.02
50-Day Avg8.18
200-Day Avg7.57

About

Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust is a real estate investment trust externally managed by SCCP REIT Company Limited. The firm invest in leasehold rights over the Mercury Tower Project and acquiring at least 99.99 per cent. of shares of Exchange Tower Co.,Ltd which owns the Exchange Tower Project. Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust is based in Bangkok, Thailand.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Chaiwat Mahatdetkul
  • Employees0
  • Headquarters388 Exchange Tower, Bangkok, Thailand, 10110, Thailand
  • Websitehttps://www.tprimereit.com

Leadership

  • Mr. Suchad ChiaranussatiExecutive Chairman of SCCP REIT Company Limited · b. 1964
  • Mr. Chaiwat MahatdetkulChief Executive Officer
  • Ms. Wannapat NomklomHead of Assent Management & Investor Relations of SCCP REIT Company Limited
  • Ms. Promrak ChowwuttiprasitActing Head of Compliance and Risk Management of SCCP REIT Company Limited
  • Mr. Sukawat Pavasant CISAHead of Marketing & Business Development of SCCP REIT Company Limited
  • Mr. Sivaporn ChomsuwanExecutive Director of SCCP REIT Company Limited · b. 1960

Financials

Income Statement

Currency: THB2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue161.87M829.04M927.29M971.85M912.32M802.94M767.44M802.55M770.55M785.78M
Growth (%)-+412.18%+11.85%+4.81%-6.13%-11.99%-4.42%+4.57%-3.99%+1.98%
Cost of Revenue61.83M350.51M349.55M318.90M234.06M253.46M273.53M266.96M262.27M266.76M
Gross Profit100.03M478.53M577.74M652.96M678.26M549.48M493.91M535.59M508.28M519.02M
Gross Margin61.80%57.72%62.30%67.19%74.34%68.43%64.36%66.74%65.96%66.05%
Operating Expense00051.18M56.81M50.84M27.44M-241.75M7.75M25.08M
Operating Income100.03M478.53M577.74M601.77M621.45M498.64M466.47M777.34M500.53M493.94M
Operating Margin61.80%57.72%62.30%61.92%68.12%62.10%60.78%96.86%64.96%62.86%
EBITDA99.79M463.38M565.26M643.69M663.48M531.95M470.06M527.50M187.52M504.25M
EBITDA Margin61.65%55.89%60.96%66.23%72.72%66.25%61.25%65.73%24.34%64.17%
Net Income64.69M300.76M689.24M669.61M848.18M316.19M305.80M385.57M45.21M366.92M
Net Income Margin39.97%36.28%74.33%68.90%92.97%39.38%39.85%48.04%5.87%46.69%
R&D0.450.850.810.761.010.470.470.53--
R&D as % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense15.49M78.19M77.94M77.71M60.42M62.36M58.43M80.82M86.29M79.42M
Interest Expense % of Total Revenue9.57%9.43%8.41%8.00%6.62%7.77%7.61%10.07%11.20%10.11%

Balance Sheet

Currency: THB2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets8.11B8.36B8.72B8.97B9.48B9.53B9.49B9.55B9.26B9.16B
Total Liabilities2.57B2.50B2.56B2.55B2.64B2.74B2.74B2.72B2.69B2.70B
Total Equity5.54B5.86B6.16B6.42B6.84B6.79B6.75B6.83B6.56B6.46B
Cash550.50M489.20M571.42M547.77M702.94M692.86M710.15M697.32M571.05M499.46M
Total Debt2.02B2.03B2.03B2.04B2.20B2.34B2.34B2.32B2.31B2.57B
Net Debt1.47B1.54B1.46B1.49B1.49B1.65B1.63B1.62B1.74B2.07B

Cash Flow

Currency: THB2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-6.47B352.09M543.46M462.15M633.65M421.07M426.18M406.85M274.94M336.40M
Investing Cash Flow----100.00M100.98M-----
Financing Cash Flow7.02B-413.39M-461.25M-485.80M-478.48M-431.15M-408.89M-419.69M-401.20M-386.78M
Capital Expenditure0000000300
Free Cash Flow-6.47B352.09M543.46M462.15M633.65M421.07M426.18M406.85M274.94M336.40M
Dividends Paid200.00M200.00M247.25M274.13M297.18M271.67M261.05M232.58M235.59M225.24M
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-3.09%56.80%45.50%59.32%46.90%64.52%61.25%57.17%85.69%66.96%

Earnings

Report DateMar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Nov 27, 2019Feb 26, 2020Jun 3, 2020Sep 2, 2020Dec 2, 2020Mar 3, 2021Jun 2, 2021Aug 11, 2021Dec 1, 2021Feb 25, 2022May 13, 2022Aug 9, 2022Nov 14, 2022Mar 1, 2023May 4, 2023Aug 9, 2023Nov 13, 2023Feb 27, 2024May 14, 2024Aug 13, 2024Nov 14, 2024Feb 27, 2025May 15, 2025Aug 14, 2025Nov 14, 2025Feb 19, 2026May 12, 2026Aug 17, 2026
EPS Estimate----------------------0.120.11--------------
EPS Actual0.160.140.550.380.260.420.380.200.370.370.270.210.670.280.350.250.110.170.140.160.120.170.150.120.230.180.160.14-0.370.160.170.12-0.110.160.180.140.290.18
Surprise----------------------25.00%9.09%--------------
Timing--------------------------------------

Key Statistics & Ratios

Market Cap4.71B
Enterprise Value6.46B
Trailing P/E10.89
Forward P/E0.00
Price / Sales5.90
Price / Book0.70
EPS0.79
Book Value11.96
Revenue (TTM)798.34M
Gross Profit (TTM)564.77M
EBITDA544.21M
Profit Margin53.91%
Operating Margin65.16%
Return on Equity6.61%
Return on Assets3.68%
Shares Outstanding547.50M
Shares Float187.80M
Beta0.02
Dividend Yield6.42%
Dividend Rate0.55
Payout Ratio34.91%

Dividends

20263×
0.10Aug 20, 20260.03May 21, 20260.04Feb 27, 2026
20254×
0.11Nov 25, 20250.10Aug 19, 20250.04May 21, 20250.04Mar 4, 2025
20244×
0.04Nov 26, 20240.04Aug 20, 20240.04May 24, 20240.11Mar 6, 2024
20235×
0.10Nov 22, 20230.11Aug 21, 20230.12May 23, 20230.43Mar 10, 20230.09Mar 9, 2023
20224×
0.04Nov 16, 20220.04Aug 17, 20220.04May 19, 20220.04Mar 3, 2022
20214×
0.10Nov 16, 20210.04Aug 17, 20210.07May 18, 20210.20Mar 3, 2021