TITLE is a property developer for sale by focusing on condominium brand "The Title" in Phuket.
| 3M24 | 3M23 | 2023 | 2022 |
|---|
| Revenues | 17.88 | 352.29 | 460.95 | 595.96 |
| Expenses | 56.51 | 269.65 | 426.71 | 506.70 |
| Net Profit (Loss) | -37.40 | 65.47 | 22.21 | 61.19 |
| Assets | 4,614.08 | 1,233.25 | 3,472.90 | 1,236.98 |
| Liabilities | 3,814.15 | 505.33 | 2,635.58 | 574.53 |
| Shareholders' Equity | 799.92 | 727.93 | 837.32 | 662.45 |
| Operating | 227.62 | 106.61 | 846.59 | 488.20 |
| Investing | -929.55 | -4.46 | -774.45 | -7.19 |
| Financing | 263.85 | -1.20 | 749.56 | -463.19 |
| EPS (Baht) | -0.05 | 0.09 | 0.03 | 0.08 |
| GP Margin (%) | 46.87 | 46.19 | 47.22 | 44.37 |
| NP Margin (%) | -209.18 | 18.59 | 4.82 | 10.27 |
| D/E Ratio (x) | 4.77 | 0.69 | 3.15 | 0.87 |
| ROE (%) | -10.56 | 17.96 | 2.96 | 9.74 |
| ROA (%) | -3.04 | 12.19 | 1.38 | 6.57 |
The company plans to attract clients who are looking for alternative real estate in Phuket. The market focuses on global tourists, which are the company's main target.
Real estate and quality product development under the principles of corporate governance.
- The company's current projects are The Title Lengendary Bang-Tao, 637 units, project value approximately 4,500 million baht
- The Title Heritage Bang-Tao, 789 units, project value approximately 6,000 million baht, and
- The Title Senerity Naiyang, 814 units, project value approximately 4,000 million baht.
In the quarter 1 of year 2024, the company had sales income of 8.99 million baht, coming from the transfer of ownership of The Title Rawai Beach Phase 5 condominiums, which is recognition of continued income from the project completed in 2023.
Year 2023 On July 12, 2023, 39 Estate Co., Ltd., one of the subsidiaries of Asset Wise Public Company Limited (ASW), purchased shares from the shareholders of the company. As a result, 39 Estate Co., Ltd. holds 67.71 % of shares and under the supervision of ASW will allow the company to develop and growth.
November 2023, the project opened for sale: The Title Legendary Bang-Tao, located in Bang Tao Beach, Phuket Province. It is a 7-story condominium with 9 buildings, 637 units, with a project value of approximately 4,500 million baht. And for continued real estate development.
in early 2024, the company opened a condominium project in the Bang Tao Beach area, namely The Title Heritage Bang-Tao and Nai Yang Beach area. It is The Senerity Naiyang project. The project has received good attention from foreign customers.
Due to the company's business plan focusing on the development of condominium-type real estate with the target group being foreigners, the company has set a policy for customers to pay the contract and down payment to the company 75% before transferring ownership to avoid the impact of the customer's failure. can transfer according to the contract
- In 2020 , the company was ranked 19th among Thai companies from the Asia 200 Best Under A Billion List in 2020 by Forbes magazine.
- In 2023, the company received the award for Best Condo Development (Phuket) Property Guru Thailand
| as of 29/03/24 | TITLE | PROPCON | mai |
|---|---|---|---|
| P/E (X) | 145.09 | - | 109.40 |
| P/BV (X) | 3.07 | 2.56 | 2.11 |
| Dividend yield (%) | - | 1.33 | 1.80 |
| 29/03/24 | 28/12/23 | 30/12/22 | |
|---|---|---|---|
| Market Cap (MB) | 2,974.22 | 2,902.03 | 1,169.47 |
| Price (B/Share) | 4.12 | 4.02 | 1.62 |
| P/E (X) | 145.09 | 34.14 | 111.25 |
| P/BV (X) | 3.07 | 4.08 | 1.89 |
