WHA Corporation Public Company Limited

WHA-R · BK · Real Estate / Real Estate Services

4.96THB-0.14 (-2.75%)

Price History

Full chart

Market Stats

Previous Close5.10

Open5.00

Day Range4.90 – 5.05

52-Week Range3.15 – 4.98

Volume233.25M

Market Cap74.44B

P/E (TTM)17.79

Forward P/E12.63

EPS0.28

Dividend Yield4.54%

Beta0.21

50-Day Avg4.55

200-Day Avg4.17

About

WHA Corporation Public Company Limited, together with its subsidiaries, develops, rents, and sells lands, buildings, factories, warehouses, and other properties in Thailand and internationally. It also develops and manages properties in industrial estates and zones. In addition, the company provides digital, data center, Internet connection, and other IT services; and public utilities, facilities, and other related services. Further, it is involved in the water utility and power, mobility, and logistics businesses. WHA Corporation Public Company Limited was founded in 2003 and is headquartered in Samut Prakan, Thailand.

Company Details

SectorReal Estate
IndustryReal Estate Services
CEOMs. Jareeporn Jarukornsakul
Employees0
Headquarters777 WHA TOWER, Samut Prakan, Thailand, 10540, Thailand
Websitehttps://www.wha-group.com

Leadership

Ms. Jareeporn JarukornsakulVice Chairman, Group CEO, Acting COO & Acting Chief Sustainability Officer · b. 1967
Mr. Natthapatt Tanboon-EkGroup Chief Financial Officer · b. 1975
Mr. Somsak BoonchoyruengchaiGroup Chief Accounting Officer · b. 1970
Mr. Nunsilp JanvarinChief Technology Officer & Acting CEO of Digital · b. 1979
Mr. Dumrongchai RojanajirakulDirector of Purchasing & Administration · b. 1971
Mr. Pirakorn SangraksakiatDirector of Corporate Finance and Investor relation
Mr. Nat SunthornsajChief Legal Officer
Ms. Siyaphas ChantachairojDirector of Corporate Marketing · b. 1970
Mr. Dispong PornchanoknartVice President of Human Resources
Mr. Krailuck AsawachatrojGroup Chief Strategic Officer · b. 1972

Financials

Income Statement

Currency: THB	2011-12-31	2012-12-31	2013-12-31	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 Revenue	220.93M	2.17B	7.09B	4.89B	11.44B	17.82B	9.51B	8.32B	10.46B	6.91B	10.42B	13.73B	14.87B	11.33B	15.26B
Growth (%)	-	+881.68%	+226.70%	-31.02%	+133.99%	+55.82%	-46.61%	-12.53%	+25.73%	-33.92%	+50.66%	+31.79%	+8.35%	-23.80%	+34.67%
Cost of Revenue	43.27M	1.74B	5.14B	3.27B	7.43B	11.41B	5.00B	4.63B	6.40B	3.84B	5.66B	7.59B	7.97B	5.21B	7.83B
Gross Profit	177.65M	425.68M	1.94B	1.62B	4.01B	6.41B	4.51B	3.69B	4.06B	3.07B	4.75B	6.14B	6.91B	6.12B	7.43B
Gross Margin	80.41%	19.63%	27.45%	33.12%	35.03%	35.95%	47.43%	44.34%	38.82%	44.44%	45.64%	44.70%	46.44%	53.99%	48.68%
Operating Expense	31.05M	68.06M	131.76M	283.34M	1.04B	1.38B	1.53B	1.50B	-1.17B	-1.16B	95.47M	911.82M	-7.36B	1.97B	2.50B
Operating Income	146.61M	357.62M	1.81B	1.34B	2.96B	5.02B	2.98B	2.19B	5.23B	4.23B	4.66B	5.22B	14.27B	4.15B	4.94B
Operating Margin	66.36%	16.49%	25.59%	27.32%	25.91%	28.18%	31.34%	26.35%	50.00%	61.16%	44.72%	38.06%	95.91%	36.62%	32.33%
EBITDA	191.24M	506.86M	2.03B	1.68B	4.91B	6.01B	4.22B	3.34B	3.77B	3.65B	4.99B	6.02B	7.61B	6.34B	5.96B
EBITDA Margin	86.56%	23.37%	28.69%	34.46%	42.91%	33.70%	44.31%	40.10%	36.01%	52.84%	47.92%	43.84%	51.18%	55.90%	39.07%
Net Income	427.73M	213.29M	1.46B	978.62M	1.95B	3.17B	3.27B	2.91B	3.23B	2.52B	2.59B	4.05B	4.43B	4.36B	5.14B
Net Income Margin	193.61%	9.83%	20.65%	20.02%	17.08%	17.79%	34.33%	34.93%	30.86%	36.50%	24.86%	29.47%	29.75%	38.46%	33.64%
Interest Expense	85.67M	147.67M	182.47M	294.83M	2.28B	2.43B	1.62B	1.10B	963.95M	1.08B	1.11B	1.13B	1.23B	1.38B	1.34B
Interest Expense % of Total Revenue	38.78%	6.81%	2.58%	6.03%	19.97%	13.65%	16.99%	13.17%	9.21%	15.62%	10.63%	8.20%	8.30%	12.16%	8.76%

Balance Sheet

Currency: THB	2011-12-31	2012-12-31	2013-12-31	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	5.19B	8.30B	11.05B	15.95B	79.10B	74.78B	73.62B	78.34B	82.26B	82.62B	82.77B	86.30B	90.22B	101.54B	101.40B
Total Liabilities	4.15B	5.26B	6.90B	11.47B	57.44B	52.82B	45.09B	47.33B	49.16B	50.45B	48.74B	50.69B	52.90B	63.03B	60.80B
Total Equity	1.04B	3.04B	4.15B	4.48B	18.66B	21.43B	25.24B	27.23B	29.48B	28.81B	30.59B	32.05B	33.49B	34.83B	36.91B
Cash	29.47M	978.73M	319.82M	370.94M	2.55B	2.64B	1.92B	3.17B	2.68B	3.79B	3.57B	7.15B	6.45B	8.18B	3.56B
Total Debt	3.33B	3.85B	4.64B	9.13B	36.19B	42.18B	34.55B	36.57B	39.44B	41.83B	38.94B	40.73B	41.52B	49.18B	50.19B
Net Debt	3.30B	2.87B	4.32B	8.76B	33.64B	39.55B	32.63B	33.40B	36.76B	38.04B	35.36B	33.58B	35.07B	41.00B	46.63B

Cash Flow

Currency: THB	2011-12-31	2012-12-31	2013-12-31	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
Operating Cash Flow	102.01M	-128.98M	213.65M	4.01M	1.00B	-1.58B	1.76B	422.66M	2.05B	2.63B	2.67B	4.42B	5.00B	2.93B	1.32B
Investing Cash Flow	-1.66B	-1.84B	-1.75B	-4.60B	-32.46B	10.17B	2.14B	354.44M	-4.40B	-1.53B	1.75B	-38.68M	-3.77B	-5.05B	-3.43B
Financing Cash Flow	1.55B	2.92B	884.44M	4.65B	33.65B	-8.49B	-4.60B	477.53M	1.92B	17.38M	-4.66B	-818.49M	-1.91B	3.85B	-2.49B
Capital Expenditure	6.13M	32.44M	130.41M	102.48M	348.81M	269.72M	721.72M	542.16M	1.20B	1.49B	1.29B	1.54B	1.43B	2.13B	2.09B
Free Cash Flow	95.88M	-161.42M	83.25M	-98.47M	651.42M	-1.85B	1.04B	-119.50M	844.24M	1.13B	1.38B	2.88B	3.57B	793.99M	-768.29M
Dividends Paid	-	-	96.33M	651.77M	341.05M	11.52M	2.95B	1.78B	2.87B	1.73B	1.69B	2.10B	2.50B	2.75B	2.85B
FCF to OCF	93.99%	125.15%	38.96%	-2452.82%	65.13%	117.06%	59.01%	-28.27%	41.24%	43.10%	51.66%	65.07%	71.43%	27.14%	-58.08%
Dividend Paid to FCF	-	-	115.72%	-661.90%	52.35%	-0.62%	284.33%	-1487.00%	339.66%	153.15%	122.67%	72.93%	70.00%	346.17%	-370.80%

Key Statistics & Ratios

Market Cap74.44B

Enterprise Value121.23B

Trailing P/E17.79

Forward P/E12.63

PEG Ratio1.06

Price / Sales5.26

Price / Book1.92

EPS0.28

Book Value2.57

Revenue (TTM)14.16B

Gross Profit (TTM)6.94B

EBITDA5.64B

Profit Margin30.00%

Operating Margin33.05%

Return on Equity11.96%

Return on Assets2.79%

Shares Outstanding14.95B

Shares Float10.00B

Beta0.21

Dividend Yield4.54%

Dividend Rate0.21

Payout Ratio74.17%

Dividends

20261×

0.14May 11, 2026

20252×

0.07Nov 27, 20250.12May 7, 2025

20242×

0.07Nov 21, 20240.12May 9, 2024

20232×

0.07Nov 22, 20230.10May 11, 2023

20222×

0.07Nov 25, 20220.07May 5, 2022

20212×

0.03Nov 25, 20210.06May 7, 2021

20202×

0.04Nov 26, 20200.05May 8, 2020

20192×

0.08Nov 21, 20190.08May 9, 2019

20181×

0.09May 8, 2018

20172×

0.05Nov 22, 20170.15May 5, 2017