Areeya Property Public Company Limited (A) - Net Assets

Latest as of September 2025: ฿1.71 Billion THB ≈ $53.20 Million USD

Based on the latest financial reports, Areeya Property Public Company Limited (A) has net assets worth ฿1.71 Billion THB (≈ $53.20 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿14.36 Billion ≈ $447.66 Million USD) and total liabilities (฿12.66 Billion ≈ $394.47 Million USD). 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. Check Areeya Property Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.71 Billion
% of Total Assets	11.88%
Annual Growth Rate	2.83%
5-Year Change	-31.08%
10-Year Change	-20.29%
Growth Volatility	23.72

Areeya Property Public Company Limited - Net Assets Trend (2005–2024)

This chart illustrates how Areeya Property Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Areeya Property Public Company Limited for the complete picture of this company's asset base.

Annual Net Assets for Areeya Property Public Company Limited (2005–2024)

The table below shows the annual net assets of Areeya Property Public Company Limited from 2005 to 2024. For live valuation and market cap data, see Areeya Property Public Company Limited (A) market capitalisation.

Year	Net Assets	Change
2024-12-31	฿2.46 Billion ≈ $76.78 Million	-14.65%
2023-12-31	฿2.89 Billion ≈ $89.96 Million	-10.89%
2022-12-31	฿3.24 Billion ≈ $100.95 Million	+4.19%
2021-12-31	฿3.11 Billion ≈ $96.89 Million	-13.02%
2020-12-31	฿3.57 Billion ≈ $111.40 Million	+5.02%
2019-12-31	฿3.40 Billion ≈ $106.07 Million	+2.13%
2018-12-31	฿3.33 Billion ≈ $103.86 Million	-0.25%
2017-12-31	฿3.34 Billion ≈ $104.12 Million	+0.78%
2016-12-31	฿3.31 Billion ≈ $103.31 Million	+7.25%
2015-12-31	฿3.09 Billion ≈ $96.32 Million	+7.54%
2014-12-31	฿2.87 Billion ≈ $89.57 Million	+0.52%
2013-12-31	฿2.86 Billion ≈ $89.11 Million	+14.56%
2012-12-31	฿2.50 Billion ≈ $77.78 Million	+2.95%
2011-12-31	฿2.42 Billion ≈ $75.55 Million	+2.96%
2010-12-31	฿2.35 Billion ≈ $73.38 Million	+22.22%
2009-12-31	฿1.93 Billion ≈ $60.04 Million	-47.90%
2008-12-31	฿3.70 Billion ≈ $115.24 Million	+0.22%
2007-12-31	฿3.69 Billion ≈ $114.99 Million	+73.60%
2006-12-31	฿2.13 Billion ≈ $66.24 Million	+46.49%
2005-12-31	฿1.45 Billion ≈ $45.22 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Areeya Property Public Company Limited'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 195.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿496.39 Million	20.15%
Common Stock	฿980.00 Million	39.79%
Other Comprehensive Income	฿97.59 Million	3.96%
Other Components	฿889.21 Million	36.10%
Total Equity	฿2.46 Billion	100.00%

Areeya Property Public Company Limited Competitors by Market Cap

The table below lists competitors of Areeya Property Public Company Limited ranked by their market capitalization.

Company	Market Cap
Centrum Medyczne ENEL-MED SA WAR:ENE	$147.88 Million
LONCOR GOLD INC. F:LO5	$147.91 Million
NGL Fine-Chem Limited NSE:NGLFINE	$147.96 Million
IFGL Refractories Limited NSE:IFGLEXPOR	$147.97 Million
Purit Co. Ltd. KQ:445180	$147.82 Million
AYM Syntex Limited NSE:AYMSYNTEX	$147.81 Million
APM Automotive Holdings Bhd KLSE:5015	$147.74 Million
Accendra Health Inc NYSE:ACH	$147.73 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Areeya Property Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,666,147,282 to 2,463,192,236, a change of -202,955,046 (-7.6%).
Net loss of 426,447,648 reduced equity.
Other factors increased equity by 223,492,602.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿-426.45 Million	-17.31%
Other Changes	฿223.49 Million	+9.07%
Total Change	฿-	-7.61%

Book Value vs Market Value Analysis

This analysis compares Areeya Property Public Company Limited'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: 1.93x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 2.99x to 1.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	฿1.62	฿4.84	x
2007-12-31	฿1.53	฿4.84	x
2008-12-31	฿1.56	฿4.84	x
2009-12-31	฿2.14	฿4.84	x
2010-12-31	฿2.61	฿4.84	x
2011-12-31	฿2.69	฿4.84	x
2012-12-31	฿2.77	฿4.84	x
2013-12-31	฿3.50	฿4.84	x
2014-12-31	฿2.93	฿4.84	x
2015-12-31	฿3.15	฿4.84	x
2016-12-31	฿3.38	฿4.84	x
2017-12-31	฿3.41	฿4.84	x
2018-12-31	฿3.40	฿4.84	x
2019-12-31	฿3.47	฿4.84	x
2020-12-31	฿3.65	฿4.84	x
2021-12-31	฿3.17	฿4.84	x
2022-12-31	฿3.30	฿4.84	x
2023-12-31	฿2.72	฿4.84	x
2024-12-31	฿2.51	฿4.84	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Areeya Property Public Company Limited 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): -17.31%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -31.54%
• Asset Turnover: 0.10x
• Equity Multiplier: 5.36x
Recent ROE (-17.31%) is below the historical average (1.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	0.60%	0.80%	0.26x	2.95x	฿-136.34 Million
2006	0.56%	0.95%	0.20x	2.94x	฿-137.69 Million
2007	-5.75%	-9.92%	0.16x	3.68x	฿-217.36 Million
2008	2.00%	3.50%	0.14x	4.06x	฿-112.73 Million
2009	26.89%	14.98%	0.65x	2.77x	฿325.38 Million
2010	18.18%	12.75%	0.61x	2.34x	฿192.53 Million
2011	3.14%	4.91%	0.27x	2.36x	฿-166.39 Million
2012	3.78%	5.14%	0.27x	2.75x	฿-155.20 Million
2013	0.48%	0.78%	0.20x	3.15x	฿-272.10 Million
2014	1.44%	1.69%	0.20x	4.16x	฿-246.10 Million
2015	7.01%	4.00%	0.42x	4.16x	฿-92.34 Million
2016	7.95%	5.66%	0.34x	4.08x	฿-68.11 Million
2017	2.92%	1.97%	0.37x	4.04x	฿-236.35 Million
2018	0.92%	0.78%	0.28x	4.29x	฿-302.42 Million
2019	-8.25%	-9.78%	0.19x	4.49x	฿-620.92 Million
2020	5.45%	3.45%	0.43x	3.68x	฿-162.53 Million
2021	-11.12%	-10.91%	0.25x	4.14x	฿-656.43 Million
2022	4.15%	4.14%	0.24x	4.10x	฿-189.60 Million
2023	-14.04%	-14.18%	0.19x	5.13x	฿-640.90 Million
2024	-17.31%	-31.54%	0.10x	5.36x	฿-672.77 Million

Industry Comparison

This section compares Areeya Property Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

Industry: Real Estate - Development
Average net assets among peers: $13,141,429,489
Average return on equity (ROE) among peers: -0.89%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Areeya Property Public Company Limited (A)	฿1.71 Billion	0.60%	7.42x	$147.84 Million
Amata Corporation Public Company Limited (AMATA)	$18.75 Billion	5.88%	1.14x	$738.40 Million
Amata Corporation Public Company Limited (AMATA-R)	$24.41 Billion	9.59%	0.95x	$605.77 Million
Ananda Development Public Company Limited (ANAN)	$18.47 Billion	3.81%	1.64x	$45.45 Million
AP (Thailand) Public Company Limited (AP)	$43.64 Billion	11.50%	0.95x	$843.27 Million
Baan Rock Garden Public Company Limited (BROCK)	$1.24 Billion	0.67%	0.02x	$40.57 Million
Country Group Development Public Company Limited (CGD)	$4.45 Billion	-5.66%	2.70x	$30.92 Million
Chewathai Public Company Limited (CHEWA)	$1.14 Billion	-36.18%	2.64x	$6.76 Million
Charn Issara Development Public Company Limited (CI)	$1.25 Billion	-1.42%	1.89x	$10.31 Million
Eastern Star Real Estate Public Company Limited (ESTAR)	$4.92 Billion	3.84%	0.47x	$37.57 Million

About Areeya Property Public Company Limited

BK:A Thailand Real Estate - Development

Market Cap

$147.84 Million

฿4.74 Billion THB

Market Cap Rank

#17703 Global

#229 in Thailand

Share Price

฿4.84

Change (1 day)

+0.00%

52-Week Range

฿4.80 - ฿4.90

All Time High

฿6.67