THAI BEVERAGE
THAI BEVERAGE operates in Diversified Metals & Mining.
THAI BEVERAGE (T6W) - Net Assets
Latest net assets as of March 2024: €240.52 Billion EUR
Based on the latest financial reports, THAI BEVERAGE (T6W) has net assets worth €240.52 Billion EUR as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€496.20 Billion) and total liabilities (€255.69 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €240.52 Billion |
| % of Total Assets | 48.47% |
| Annual Growth Rate | 10.03% |
| 5-Year Change | 60.67% |
| 10-Year Change | N/A |
| Growth Volatility | 7.74 |
THAI BEVERAGE - Net Assets Trend (2016–2023)
This chart illustrates how THAI BEVERAGE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for THAI BEVERAGE (2016–2023)
The table below shows the annual net assets of THAI BEVERAGE from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €241.52 Billion | -3.15% |
| 2022-09-30 | €249.39 Billion | +18.66% |
| 2021-09-30 | €210.18 Billion | +17.15% |
| 2020-09-30 | €179.40 Billion | +19.34% |
| 2019-09-30 | €150.32 Billion | +6.94% |
| 2018-09-30 | €140.57 Billion | +6.08% |
| 2017-09-30 | €132.51 Billion | +7.11% |
| 2016-09-30 | €123.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to THAI BEVERAGE's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 94.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €174.44 Billion | 86.65% |
| Other Components | €26.88 Billion | 13.35% |
| Total Equity | €201.32 Billion | 100.00% |
THAI BEVERAGE Competitors by Market Cap
The table below lists competitors of THAI BEVERAGE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
El Nasr Transformers (El Maco)
EGX:NASR
|
$3.02K |
|
United Company RUSAL PLC Regist
STU:R6L
|
$3.02K |
|
GROWWEV
NSE:GROWWEV
|
$3.02K |
|
GFSA3F
SA:GFSA3F
|
$3.02K |
|
LONKING HLDGS (C9IB.SG)
STU:C9IB
|
$3.02K |
|
Azur Selection S.A.
PA:MLAZR
|
$3.01K |
|
NAGAKAWA VIETN
VN:NAG
|
$3.01K |
|
First Property Group plc
LSE:FPO
|
$3.01K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in THAI BEVERAGE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 205,748,420,000 to 201,322,067,000, a change of -4,426,353,000 (-2.2%).
- Net income of 27,433,793,000 contributed positively to equity growth.
- Dividend payments of 15,074,852,000 reduced retained earnings.
- Other factors decreased equity by 16,785,294,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €27.43 Billion | +13.63% |
| Dividends Paid | €15.07 Billion | -7.49% |
| Other Changes | €-16.79 Billion | -8.34% |
| Total Change | €- | -2.15% |
Book Value vs Market Value Analysis
This analysis compares THAI BEVERAGE's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €25.64 | €0.29 | x |
| 2018-09-30 | €24.12 | €0.29 | x |
| 2019-09-30 | €23.07 | €0.29 | x |
| 2020-09-30 | €28.39 | €0.29 | x |
| 2021-09-30 | €6.81 | €0.29 | x |
| 2022-09-30 | €8.19 | €0.29 | x |
| 2023-09-30 | €8.01 | €0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently THAI BEVERAGE utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.83%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.46x
- Recent ROE (13.63%) is below the historical average (17.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.76% | 13.60% | 0.74x | 1.56x | €6.91 Billion |
| 2017 | 26.80% | 18.16% | 0.98x | 1.51x | €21.63 Billion |
| 2018 | 15.30% | 8.07% | 0.57x | 3.31x | €6.42 Billion |
| 2019 | 20.09% | 8.70% | 0.66x | 3.51x | €11.69 Billion |
| 2020 | 15.96% | 8.98% | 0.58x | 3.04x | €8.49 Billion |
| 2021 | 14.42% | 10.25% | 0.51x | 2.76x | €7.55 Billion |
| 2022 | 14.63% | 11.05% | 0.54x | 2.47x | €9.53 Billion |
| 2023 | 13.63% | 9.83% | 0.56x | 2.46x | €7.30 Billion |
Industry Comparison
This section compares THAI BEVERAGE's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| THAI BEVERAGE (T6W) | €240.52 Billion | 15.76% | 1.06x | $3.02K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |