Company Land and Houses

Equities

LH

TH0143010Z08

Real Estate Development & Operations

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Land and Houses

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Residential Real Estate Development

End-of-day quote Thailand S.E. Other stock markets 06:00:00 2024-06-06 pm EDT			5-day change	1st Jan Change
6.45 ^THB	0.00%		-2.27%	-20.86%

May. 14	Land and Houses Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Feb. 28	Land and Houses Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Land and Houses Public Company Limited is a Thailand-based company, which is principally engaged in property development. The Company operates through two segments: Real estate business, and Rental and service business. Real estate business segment consists of houses, townhouses and residence condominium projects for sale. Rental and service business segment consists of shopping mall, apartment for rent, hotel and project management. The principal business of the Company is residential housing development, concentrating particularly on single detached houses. The Companyâs developed area include the Greater Bangkok and its vicinities, and in other cities in Thailand, including Chiang Mai, Chiang Rai, Khon Kaen, Nakhonratchasima, Udonthani, HuaHin, Phuket, Mahasarakham and Ayuthaya. Its projects include inizio Suksawat-Prachauthit, inizio bangna, 074-CHAIYAPRUEK Chiang Mai, 107-CHONLADA Chiang Mai, 203-NANTAWAN Serene Lake-Chiang Ma, 229- siwalee Sankamphang-Chiang Mai and other.

THB in Million	2022	Weight	2023	Weight	Delta
Real Estate 71.8 %	30,752	87.1 %	18,966	71.8 %	-38.33%
Rental and Service 28.2 %	4,574	12.9 %	7,445	28.2 %	+62.77%

THB in Million	2022	Weight	2023	Weight	Delta
Thailand 96.1 %	34,299	97.1 %	25,390	96.1 %	-25.97%
United States 3.9 %	1,027	2.9 %	1,021	3.9 %	-0.58%

Managers	Title	Age	Since
Naporn Sunthornchitcharoen CEO	Chief Executive Officer	66	90-12-31
Archawin Asavabhokin DFI	Director of Finance/CFO	49	18-03-08
Watcharin Kasinrerk COO	Chief Operating Officer	63	12-12-31
Nantawat Pipatwongkasem CMP	Compliance Officer	65	88-12-31
Chokchai Walitwarangkoon BRD	Director/Board Member	62	12-12-31
Wit Tantiworawong BRD	Director/Board Member	66	90-12-31
Siribhorn Laophaetkit IRC	Investor Relations Contact	-	-
Pornchai Kiatkajornvirat AUD	Comptroller/Controller/Auditor	-	85-12-31
Teera Benjasilarak AUD	Comptroller/Controller/Auditor	65	90-12-31

Members of the board	Title	Age	Since
Piphob Veraphong BRD	Director/Board Member	62	15-04-28
Naporn Sunthornchitcharoen CEO	Chief Executive Officer	66	90-12-31
Nantawat Pipatwongkasem CMP	Compliance Officer	65	88-12-31
Wit Tantiworawong BRD	Director/Board Member	66	90-12-31
Chokchai Walitwarangkoon BRD	Director/Board Member	62	12-12-31
Archawin Asavabhokin DFI	Director of Finance/CFO	49	18-03-08
Bundit Pitaksit BRD	Director/Board Member	58	15-04-22
Watcharin Kasinrerk COO	Chief Operating Officer	63	12-12-31
Chadanuch Meepien BRD	Director/Board Member	-	23-07-05

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	11,949,713,176	7,361,308,144 ( 61.60 %)	0	61.60 %

Name	Equities	%	Valuation
Anant Asavabhokhin 23.93 %	2,860,000,047	23.93 %	575 M ฿
Achanan Asavabhokin 5.665 %	677,000,069	5.665 %	136 M ฿
BBL Asset Management Co., Ltd. 2.621 %	313,213,007	2.621 %	63 M ฿
Social Security Office of Thailand 2.318 %	276,954,740	2.318 %	56 M ฿
Piengjai Harnphanich 1.129 %	134,960,000	1.129 %	27 M ฿
Kasikorn Asset Management Co., Ltd. 1.108 %	132,355,570	1.108 %	27 M ฿
Kittipol Tuantong 1.021 %	122,000,000	1.021 %	25 M ฿
Krungsri Asset Management Co., Ltd. 0.5468 %	65,339,321	0.5468 %	13 M ฿
SCB Asset Management Co., Ltd. 0.4896 %	58,509,201	0.4896 %	12 M ฿
MFC Asset Management Public Co., Ltd. (Investment Management) 0.4833 %	57,756,131	0.4833 %	12 M ฿

Name	Equities	%	Valuation
State Street Global Advisors Ltd. 0.1554 %	18,574,038	0.1554 %	4 M ฿
Sjunde AP-fonden 0.1221 %	14,590,624	0.1221 %	3 M ฿
Northern Trust Fund Managers (Ireland) Ltd. 0.0633 %	7,567,400	0.0633 %	2 M ฿
Nomura Asset Management Taiwan Ltd 0.0198 %	2,367,727	0.0198 %	475 984 ฿
Eurizon Capital SA 0.009217 %	1,101,430	0.009217 %	221 420 ฿
Sumitomo Mitsui Trust Asset Management Co., Ltd. 0.007297 %	872,000	0.007297 %	175 298 ฿
DWS CH AG 0.004952 %	591,800	0.004952 %	118 970 ฿
Security Kapitalanlage AG 0.003396 %	405,800	0.003396 %	81 578 ฿
Resona Asset Management Co., Ltd. 0.001737 %	207,600	0.001737 %	41 734 ฿
State Street Global Advisors France SA 0.001526 %	182,300	0.001526 %	36 648 ฿

Name	Equities	%	Valuation
Nordea Investment Management AB 0.0829 %	9,901,000	0.0829 %	2 M ฿
Storebrand Asset Management AS 0.0592 %	7,073,928	0.0592 %	1 M ฿
Danske Bank A/S (Investment Management) 0.0220 %	2,632,500	0.0220 %	507 888 ฿
KLP Kapitalforvaltning AS 0.0190 %	2,273,800	0.0190 %	438 684 ฿
Polen Capital UK LLP 0.0144 %	1,725,624	0.0144 %	332 925 ฿
Nykredit Bank A/S (Investment Management) 0.0114 %	1,367,451	0.0114 %	263 822 ฿
Eurizon Capital SA 0.009656 %	1,153,921	0.009656 %	222 626 ฿
DFA Australia Ltd. 0.008930 %	1,067,104	0.008930 %	205 876 ฿
Dimensional Fund Advisors Ltd. 0.006162 %	736,303	0.006162 %	142 055 ฿
State Street Global Advisors Ltd. 0.005966 %	712,913	0.005966 %	137 542 ฿

Name	Equities	%	Valuation
HOME PRODUCT CENTER 30.23%	3,975,878,432	30.23%	1,115,750,764 $
QUALITY HOUSES 24.98%	2,675,945,601	24.98%	157,399,120 $
LH FINANCIAL GROUP 21.88%	4,634,761,967	21.88%	121,291,721 $
LH HOTEL LEASEHOLD REAL ESTATE INVESTMENT TRUST 14.28%	79,228,210	14.28%	23,729,641 $
LAND AND HOUSES FREEHOLD AND LEASEHOLD PROPERTY FUND 26.96%	88,958,300	26.96%	13,681,787 $
LH SHOPPING CENTERS LEASEHOLD REAL ESTATE INVESTMENT TRUST 9.00%	43,926,000	9.00%	11,615,791 $
QUALITY HOUSES LEASEHOLD PROPERTY FUND 3.67%	29,249,000	3.67%	3,456,939 $
PRIME OFFICE LEASEHOLD PROPERTY FUND 2.53%	12,169,400	2.53%	2,085,105 $

Land & Houses Public Co., Ltd.

1 Q. House Lumpini Building South Sathon Road

10120, Bangkok

+66 2 343 8900

http://www.lh.co.th

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

6.45 THB

Average target price

8.297 THB

Spread / Average Target

+28.63%

Consensus

Estimates Revisions

Company calendar

Real Estate

Real Estate

Real Estate Operations

Real Estate Development & Operations

Residential Real Estate Development

	1st Jan change	Capi.
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DEUTSCHE WOHNEN SE	-26.15%	7.59B
VINHOMES	-9.72%	6.68B
VINGROUP	-2.47%	6.37B
LEG IMMOBILIEN SE	-3.56%	6.13B
BRIGADE ENTERPRISES LIMITED	+54.96%	3.85B
IIDA GROUP HOLDINGS CO., LTD.	+1.54%	3.84B

Residential Real Estate Development