Company Summary
GROREIT GRANDE ROYAL ORCHID HOSPITALITY REAL ESTATE INVESTMENT TRUST WITH BUY-BACK CONDITION
Property & Construction/Property Fund & REITs
SET
CG Report:   -
 
  Data as of 29 Sep 2022  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.)
9.65 10.10 / 9.55 - 0.92 3,150.00 3,039.75
News
Date/Time Subject
22 Aug 2022 17:03   Notification of the Distribution Payment and Book Closing Date of Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition (GROREIT)
05 Aug 2022 17:09   Report NAV as of 30 June 2022
05 Aug 2022 17:08   Reviewed financial performance Quarter 2 (F45)
05 Aug 2022 17:06   Financial Statement Quarter 2/2022 (Reviewed)
19 Jul 2022 17:00   Notification of the asset appraisal value of Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition
more

Company Profile
Fund/Trust Manager ONE ASSET MANAGEMENT LIMITED
Asset Manager Sheraton Overseas Management Corporation
Trustee MFC Asset Management Public Company Limited
Address 9th and 24th Floor, Siam Piwat Tower Building, 989 Rama 1 Road, Pathumwan Bangkok 10330
Telephone 0-2659-8888
Fax 0-2659-8860
URL http://www.one-asset.com
Establish Date 12/7/2021 Listed Date 21/07/2021
IPO Price (Baht) 10.00 @Par10.00 Baht
IPO Financial Advisory N/A
Par 10.00 Baht
Last Par Change N/A

Business
The trust invests in the freehold right of the Royal Orchid Sheraton Hotel and Tower. Royal Orchid Hotel (Thailand) Public Company Limited (ROH) as former owner shall be lessee and buyer for asset buy-back. The period of leasing is for 3 years and shall be renew the term of 2 times, for 1 year each. The trust has condition of selling asset to ROH at the end of year 3-5.

Free Float 03 Mar 2022 12 Jul 2021
% /Shareholders
76.70% 1,589 75.65% 1,325
Foreign Shareholders 1.99% (As of 29/09/2022) Foreign Limit 49.00%
NVDR Shareholders  - (As of 29/09/2022)
5 Yr Price Performance (Adjusted Price)
Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
5 Days -0.52 1.76 2.79
20 Days -2.03 1.73 0.07
60 Days -1.53 0.05 -1.91
120 Days -1.03 5.88 5.03
YTD -3.50 7.77 0.45
P/E (X) - N/A 17.56
P/BV (X) 0.92 0.96 1.59
Turnover Ratio (%) N/A 0.08 1.05

Top 10 Shareholders(@06 Sep 2022) Share %
1. KGI Securities (Thailand) Public Company Limited 71,937,900 22.84
2. กองทุนเปิด วรรณ พร็อพเพอร์ตี้ พลัส ฟันด์ 5,162,500 1.64
3. นาง กุลธิดา บุญอิต 5,100,000 1.62
4. บริษัท KIANGHUAT HOLDING CO., LTD. 5,000,000 1.59
5. MISS TSUI LO 5,000,000 1.59
6. บริษัท STP AND I PUBLIC COMPANY LIMITED 4,000,000 1.27
7. บริษัท นำสินประกันภัย จำกัด (มหาชน) 4,000,000 1.27
8. บริษัท KRUNGTHAI PANICH INSURANCE PUBLIC COMPANY LIMITED 3,000,000 0.95
9. กองทุนเปิด BUALUANG INFRASTRUCTURE AND REAL ESTATE FUND OF FUNDS 2,703,000 0.86
10. น.ส. ภัทริณี รัตนนาคินทร์ 2,500,000 0.79
11. บริษัท วี ซี. แฟบริค จำกัด 2,500,000 0.79
12. นาย สุวิชา วงศาริยวานิช 2,500,000 0.79

Accumulated: Turnover Ratio, Value Trade/Day
Statistics YTD
29 Sep 2022
2021
30 Dec 2021
Listed share (M.) 315.00  315.00 
Market Cap (MB.) 3,039.75  3,150.00 
Price (B./share) 9.65  10.00 
BVPS (B./Share) 10.50  10.17 
P/BV (X) 0.92  0.98 
P/E (X)
Turnover Ratio (%) 3.90  4.25 
Value Trade/Day (MB.) 0.67  1.23 
Beta 0.06  0.05 
NAV / Unit 10.51  (Date as of: 29/09/2022) 
 
Rate of Return YTD  2021 
Price Change (%) -3.50  0.00 
Dividend Yield (%) 2.80  N/A 
Payout Ratio N/A  N/A 
Dividend Policy No less than 90 percent of adjusted net profit of the accounting year (with additional conditions)

Dividend
Operation Period Dividend/Share Unit Payment Date Type
01 Jan 2022 - 30 Jun 2022 0.30 Baht 20 Sep 2022 Cash
12 Jul 2021 - 31 Dec 2021 0.27 Baht 10 Mar 2022 Cash
 
Auditor
(Effective Until 31/12/2022)
MISS SUSAN EIAMVANICHA/SP AUDIT COMPANY LIMITED
MR. SUCHART PANITCHAROEN/SP AUDIT COMPANY LIMITED
MISS CHUENTA CHOMMERN/SP AUDIT COMPANY LIMITED
MISS WANDEE EIAMVANICHA/SP AUDIT COMPANY LIMITED
Mr. KIATISAK VANITHANONT/SP AUDIT COMPANY LIMITED
F/S Year ended 31/12
Latest Type of Report Unqualified opinion
Financial Data
Statement of Financial Position (MB.) 6M/2022 
(01/01/22 
-30/06/22) 
2021 
(12/07/21 
-31/12/21) 
Accounting Type Company Company
Cash And Cash Equivalents 1.79 2.15
Investment 4,556.34 4,544.96
Trade And Other Receivables - Net 106.09 75.83
Total Assets 4,933.02 4,893.12
Trade And Other Payables - -
Long-Term Debts 1,350.00 1,350.00
Deposit Recieved - -
Total Liabilities 1,622.93 1,624.92
Issued and Fully Paid-up Share Capital 3,150.00 3,150.00
Retained Earnings (Deficit) 160.09 118.20
Net Assets 3,310.09 3,268.20
Net Asset Value per Unit (Unit:Baht) 10.51 10.38
more
Statement of Comprehensive Income (MB.) 6M/2022 
(01/01/22 
-30/06/22) 
2021 
(12/07/21 
-31/12/21) 
Accounting Type Company Company
Income From Investment 167.50 155.87
Other Income - -
Total Revenues 167.50 155.87
Management Fee 5.79 5.44
Trustee Fee 2.57 2.42
Property Management Fee - -
SG&A 0.65 0.65
Cost of Rental and Service - -
Total Expenses 39.97 37.67
Net Investment Income 127.53 118.20
more
Statement of Cash Flow (MB.) 6M/2022 
(01/01/22 
-30/06/22) 
2021 
(12/07/21 
-31/12/21) 
Accounting Type Company Company
Operating Cash Flow 84.69 -4,497.85
Financing Cash Flow -85.05 4,500.00
Net Cash Flow -0.36 2.15
more
Annualized: ROE, ROA
Ratios 6M/2022  2021 
Net Investment Income to Total Income Ratio 0.76 0.76
Debt to Asset Ratio 0.33 0.33

Information only PP, PO, XR and XD
Capital Movement (Last 3 Year)
Date CA Type Changed paid up share Paid up share Par
No Information Found

Growth Rate (%) 6M/2022  2021 
Growth Rate - Total Liabilities N/A N/A
Growth Rate - Total Assets N/A N/A


Trading Sign (Latest)
Trading Alert Posted Date Lifted Date
No Information Found

Market Alert (Latest)
No Information Found
more

Only Preferred Share and Warrants
Other Securities
Securities Name -

Remark - Calculated from adjusted price
  - Presented and calculated from the consolidated statement and displayed as cumulative quarterly statement by fiscal year (Company statement will be presented and calculated incase consolidated statement is not available.)
  - The information is quarterly updated within 7 business days after the new financial statement is submitted.
  -
 
Information on the financial statements is presented according to the information that the listed companies submit on that period. The investors should study additional information from the companies' financial statements since some companies may restate the comparing financial statements on the latest financial statements.
Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
The materials and information on this site are provided for informative and educational purpose only, and do not constitute or form a part of any advice or recommendation regarding any securities. The Stock Exchange of Thailand has no responsibility for the accuracy, suitability and completeness of any information, materials, statements, figures, reports or opinions provided, and has no responsibility for any losses and damages in any cases. In case you have any inquiries or clarification regarding this summary, please directly contact the listed company who made this summary.