Asian Alliance International PCL
Asian Alliance International Public Company Limited, together with its subsidiaries, produces and sells pet food and ready-to-eat human food products in Thailand, the United States, the United Kingdom, Saudi Arabia, Japan, Italy, Germany, and internationally. The company offers wet pet food products, such as soups, salads, fish and meat dishes, mousse, and pate, as well as dry pet food products f… Read more
Asian Alliance International PCL (AAI) - Net Assets
Latest net assets as of December 2025: ฿4.82 Billion THB
Based on the latest financial reports, Asian Alliance International PCL (AAI) has net assets worth ฿4.82 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿5.59 Billion) and total liabilities (฿768.97 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 | ฿4.82 Billion |
| % of Total Assets | 86.24% |
| Annual Growth Rate | 15.59% |
| 5-Year Change | 102.83% |
| 10-Year Change | N/A |
| Growth Volatility | 39.22 |
Asian Alliance International PCL - Net Assets Trend (2018–2025)
This chart illustrates how Asian Alliance International 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 Asian Alliance International PCL (2018–2025)
The table below shows the annual net assets of Asian Alliance International PCL from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿4.82 Billion | -5.88% |
| 2024-12-31 | ฿5.12 Billion | +4.88% |
| 2023-12-31 | ฿4.88 Billion | -2.99% |
| 2022-12-31 | ฿5.03 Billion | +111.81% |
| 2021-12-31 | ฿2.38 Billion | -7.20% |
| 2020-12-31 | ฿2.56 Billion | +30.65% |
| 2019-12-31 | ฿1.96 Billion | +12.15% |
| 2018-12-31 | ฿1.75 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asian Alliance International 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 grown by 1240.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿640.82 Million | 13.29% |
| Other Components | ฿4.18 Billion | 86.71% |
| Total Equity | ฿4.82 Billion | 100.00% |
Asian Alliance International PCL Competitors by Market Cap
The table below lists competitors of Asian Alliance International PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Goodfellow Inc
PINK:GFELF
|
$43.65 Million |
|
RAUTE OY A EO 2
F:RAUA
|
$43.65 Million |
|
Horizon Copper Corp
OTCQX:HNCUF
|
$43.66 Million |
|
Hai Kwang Enterprise Corp
TW:2038
|
$43.67 Million |
|
Agro Bahari Nusantara Tbk.
JK:UDNG
|
$43.64 Million |
|
Huvitz Co. Ltd
KQ:065510
|
$43.64 Million |
|
STAFFLINE GROUP LS-10
F:OSU
|
$43.62 Million |
|
ALTEA GREEN POWER S.P.A.
F:Q51
|
$43.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asian Alliance International PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,121,336,290 to 4,820,132,938, a change of -301,203,352 (-5.9%).
- Net income of 740,689,570 contributed positively to equity growth.
- Dividend payments of 1,004,601,451 reduced retained earnings.
- Share repurchases of 37,245,889 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿740.69 Million | +15.37% |
| Dividends Paid | ฿1.00 Billion | -20.84% |
| Share Repurchases | ฿37.25 Million | -0.77% |
| Other Changes | ฿-45.58K | -0.0% |
| Total Change | ฿- | -5.88% |
Book Value vs Market Value Analysis
This analysis compares Asian Alliance International 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: 1.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.33x to 1.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ฿10.28 | ฿3.38 | x |
| 2019-12-31 | ฿0.92 | ฿3.38 | x |
| 2020-12-31 | ฿1.21 | ฿3.38 | x |
| 2021-12-31 | ฿1.12 | ฿3.38 | x |
| 2022-12-31 | ฿2.83 | ฿3.38 | x |
| 2023-12-31 | ฿2.30 | ฿3.38 | x |
| 2024-12-31 | ฿2.41 | ฿3.38 | x |
| 2025-12-31 | ฿2.28 | ฿3.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asian Alliance International 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): 15.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.58%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 1.16x
- Recent ROE (15.37%) is below the historical average (18.35%), 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 | 25.13% | 10.58% | 1.53x | 1.55x | ฿264.39 Million |
| 2019 | 10.89% | 5.96% | 1.28x | 1.43x | ฿17.53 Million |
| 2020 | 23.41% | 13.32% | 1.31x | 1.35x | ฿343.37 Million |
| 2021 | 27.48% | 13.10% | 1.38x | 1.52x | ฿415.35 Million |
| 2022 | 17.07% | 12.06% | 1.17x | 1.21x | ฿355.76 Million |
| 2023 | 7.84% | 7.04% | 0.97x | 1.15x | ฿-105.37 Million |
| 2024 | 19.59% | 14.65% | 1.15x | 1.16x | ฿491.27 Million |
| 2025 | 15.37% | 10.58% | 1.25x | 1.16x | ฿258.68 Million |
Industry Comparison
This section compares Asian Alliance International PCL's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,395,501,212
- Average return on equity (ROE) among peers: 12.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asian Alliance International PCL (AAI) | ฿4.82 Billion | 25.13% | 0.16x | $43.65 Million |
| ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) | $237.14 Million | 5.48% | 0.40x | $9.36 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $3.50 Billion | 23.39% | 0.78x | $49.87 Million |
| Bioscience Animal Health PCL (BIS) | $790.50 Million | 6.41% | 0.55x | $4.82 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $2.07 Billion | 0.95% | 1.32x | $8.09 Million |
| Chin Huay PCL (CH) | $1.37 Billion | 9.31% | 0.40x | $13.66 Million |
| CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED (CHAO) | $597.83 Million | 27.03% | 0.46x | $12.59 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.39 Billion | 14.18% | 0.11x | $3.48 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.37 Billion | 7.17% | 0.11x | $6.08 Million |
| Thai Coconut Public Company Limited (COCOCO) | $1.24 Billion | 19.55% | 1.47x | $49.18 Million |