Asiasoft Corporation stock dividend – Asiasoft Corp PCL Announces 0.23 Cash Dividend
March 23, 2023
Dividends Yield
On March 2 2023, Asiasoft ($SET:AS) Corp PCL announced a dividend of 0.23 THB per share to be paid out to shareholders. This follows a similar dividend pattern that has been maintained over the last three years with a yearly payout of 0.6 THB per share and a yield of 3.03%. Investors who are looking for stocks with good dividend rates could consider Asiasoft Corp PCL as a viable option.
It is important to note, however, that the ex-dividend date for this dividend is March 28 2023. This means that investors have to have held the stock on or before this date in order to qualify for the dividend payouts.
Market Price
ASIASOFT CORPORATION PCL, one of the leading online game publishers in Southeast Asia, announced that it will pay a 0.23 cash dividend on Thursday. The announcement made in the Stock Exchange of Thailand caused its stock to open at THB13.0 and close at THB12.7, representing a 1.6% decrease from the prior closing price of 12.9. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Asiasoft Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 1.58k | 268.56 | 15.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Asiasoft Corporation. More…
| Operations | Investing | Financing |
| 234.88 | -98.3 | -130.58 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Asiasoft Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.39k | 369.21 | 1.9 |
Key Ratios Snapshot
Some of the financial key ratios for Asiasoft Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 27.4% | 65.0% | 20.2% |
| FCF Margin | ROE | ROA |
| 3.0% | 22.2% | 14.3% |
Analysis – Asiasoft Corporation Stock Fair Value Calculator
At GoodWhale, we have conducted an analysis of ASIASOFT CORPORATION‘s fundamentals. Our proprietary Valuation Line has determined that the fair value of a share of ASIASOFT CORPORATION is around THB10.6. However, at the moment, ASIASOFT CORPORATION’s stock is being traded at THB12.7 – making it a fair price that is overvalued by 19.7%. More…
Peers
Asiasoft Corp PCL is one of the largest online game publishers in Southeast Asia. It is well known for its extensive portfolio of online games, many of which are popular among gamers in the region. Asiasoft’s main competitors include FriendTimes Inc, GRAVITY Co Ltd, and The9 Ltd, all of whom are engaged in the business of developing and publishing online games.
– FriendTimes Inc ($SEHK:06820)
FriendTimes Inc is a leading global entertainment and media company specializing in social gaming and other interactive content. Founded in 2021, the company has grown rapidly to become the largest player in the industry, with a market cap of 2.16B as of 2023. Its strong financials, as evidenced by an impressive Return on Equity of 3.21%, indicate the strength of FriendTimes Inc’s operations. The company’s success is attributed to its innovative products and diversified revenue sources that give it a competitive edge in the industry.
– GRAVITY Co Ltd ($NASDAQ:GRVY)
GRAVITY Co Ltd is a technology-focused company that specializes in mobile and online games, publishing, and advertising. Their current market capitalization is 374.48M, which reflects the total dollar value of their outstanding shares. This is an impressive figure for a company of this size, especially considering their return on equity (ROE), which stands at 18.08%. This signifies that GRAVITY Co Ltd has been able to use their assets to generate strong returns for their shareholders. In addition, the company has been able to accomplish this while still investing in new technologies and innovative products. This is a sign that GRAVITY Co Ltd is on the right track and is likely to continue to be a successful and profitable business in the years to come.
– The9 Ltd ($NASDAQ:NCTY)
The9 Limited is an online gaming company headquartered in Shanghai, China. As of 2023, the company has a market capitalization of 22.24 million USD, reflecting the market’s assessment of its overall financial performance and value. The company has a negative return on equity of -64.31%, indicating that investors are not able to make money off the company’s operation. The9 Limited’s main business consists of developing and operating online games in China and globally. They also provide other services related to online games, such as game distribution, game operations, and game related services.
Summary
ASIASOFT CORPORATION has been paying out a sizable dividend of 0.6 THB per share in the last three years, offering a yield of 3.03%. This makes it a lucrative investment option for dividend investors, as it provides a steady stream of income. It is worth further research to assess the company’s potential for long-term growth and sustainability.
