Twenty-Four Con & Supply PCL
Twenty-Four Con & Supply Public Company Limited, together with its subsidiaries, engages in the sale and installation of heating, ventilation and air conditioning systems, electricity systems, and plumbing systems in Thailand. The company operates through three segments: Services, Sales, and Steam Sales. It provides maintenance services; distributes electrical appliances; and provides related ser… Read more
Twenty-Four Con & Supply PCL (24CS) - Net Assets
Latest net assets as of September 2025: ฿319.48 Million THB
Based on the latest financial reports, Twenty-Four Con & Supply PCL (24CS) has net assets worth ฿319.48 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿641.16 Million) and total liabilities (฿321.68 Million). 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 | ฿319.48 Million |
| % of Total Assets | 49.83% |
| Annual Growth Rate | N/A |
| 5-Year Change | 220.57% |
| 10-Year Change | N/A |
| Growth Volatility | 161.53 |
Twenty-Four Con & Supply PCL - Net Assets Trend (2018–2024)
This chart illustrates how Twenty-Four Con & Supply PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Twenty-Four Con & Supply PCL (2018–2024)
The table below shows the annual net assets of Twenty-Four Con & Supply PCL from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿124.96 Million | -77.84% |
| 2023-12-31 | ฿564.00 Million | -7.40% |
| 2022-12-31 | ฿609.07 Million | +344.64% |
| 2021-12-31 | ฿136.98 Million | +251.41% |
| 2020-12-31 | ฿38.98 Million | +30.28% |
| 2019-12-31 | ฿29.92 Million | +229.56% |
| 2018-12-31 | ฿-23.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Twenty-Four Con & Supply PCL'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 decreased by 16356264400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿316.61 Million | 253.38% |
| Total Equity | ฿124.96 Million | 100.00% |
Twenty-Four Con & Supply PCL Competitors by Market Cap
The table below lists competitors of Twenty-Four Con & Supply PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Merck Tbk
JK:MERK
|
$11.43 Million |
|
Array Inc
TWO:3664
|
$11.43 Million |
|
Curvebeam Ai Ltd
AU:CVB
|
$11.44 Million |
|
S. Khonkaen Foods Public Company Limited
BK:SORKON
|
$11.44 Million |
|
Sat Nusapersada Tbk
JK:PTSN
|
$11.43 Million |
|
Jade Gas Holdings Ltd
AU:JGH
|
$11.42 Million |
|
Argenica Therapeutics Ltd
AU:AGN
|
$11.42 Million |
|
MFC-Strategic Storage Fund
BK:M-STOR
|
$11.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Twenty-Four Con & Supply PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 563,998,887 to 124,958,022, a change of -439,040,865 (-77.8%).
- Net loss of 439,408,707 reduced equity.
- Other comprehensive income decreased equity by 5,405,615.
- Other factors increased equity by 5,773,457.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-439.41 Million | -351.65% |
| Other Comprehensive Income | ฿-5.41 Million | -4.33% |
| Other Changes | ฿5.77 Million | +4.62% |
| Total Change | ฿- | -77.84% |
Book Value vs Market Value Analysis
This analysis compares Twenty-Four Con & Supply PCL'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: 6.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ฿-0.05 | ฿1.81 | x |
| 2019-12-31 | ฿0.07 | ฿1.81 | x |
| 2020-12-31 | ฿0.09 | ฿1.81 | x |
| 2021-12-31 | ฿0.32 | ฿1.81 | x |
| 2022-12-31 | ฿1.42 | ฿1.81 | x |
| 2023-12-31 | ฿1.31 | ฿1.81 | x |
| 2024-12-31 | ฿0.29 | ฿1.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Twenty-Four Con & Supply PCL 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): -351.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -96.99%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 2.59x
- Recent ROE (-351.65%) is below the historical average (-30.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -19.89% | 2.09x | 0.00x | ฿-22.09 Million |
| 2019 | 110.33% | 9.13% | 3.88x | 3.11x | ฿30.02 Million |
| 2020 | 17.80% | 1.73% | 2.80x | 3.68x | ฿3.04 Million |
| 2021 | 14.20% | 3.03% | 1.56x | 3.01x | ฿5.76 Million |
| 2022 | 4.02% | 2.50% | 0.96x | 1.67x | ฿-36.41 Million |
| 2023 | -7.99% | -6.61% | 0.90x | 1.34x | ฿-101.47 Million |
| 2024 | -351.65% | -96.99% | 1.40x | 2.59x | ฿-451.90 Million |
Industry Comparison
This section compares Twenty-Four Con & Supply PCL's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,291,331,546
- Average return on equity (ROE) among peers: 7.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Twenty-Four Con & Supply PCL (24CS) | ฿319.48 Million | 0.00% | 1.01x | $11.43 Million |
| Arrow Syndicate Public Company Limited (ARROW) | $1.08 Billion | 17.68% | 0.18x | $12.34 Million |
| BuilderSmart Public Company Limited (BSM) | $652.45 Million | 3.82% | 1.92x | $1.19 Million |
| Dynasty Ceramic Public Company Limited (DCC) | $3.52 Billion | 27.64% | 1.48x | $134.42 Million |
| Diamond Building Products Public Company Limited (DRT) | $2.21 Billion | 24.65% | 0.65x | $41.69 Million |
| Origin Global Empire Public Company Limited (EMPIRE) | $564.00 Million | -7.99% | 0.34x | $2.46 Million |
| Quality Construction Products Public Company Limited (Q-CON) | $1.48 Billion | 1.89% | 0.77x | $14.34 Million |
| The Union Mosaic Industry Public Company Limited (UMI) | $378.61 Million | 0.00% | 5.91x | $7.76 Million |
| WIIK Public Company Limited (WIIK) | $443.79 Million | -9.73% | 1.47x | $19.48 Million |