ASIA Capital Group Public Company Limited
ASIA Capital Group Public Company Limited, together with its subsidiaries, provides corporate and retail lending services in Thailand and internationally. It also offers non-performing loan servicing on behalf of client creditors, such as front end customer services to borrowers and carrying out day to day administration and accounting of the recovery process, loans accounts, and asset collateral… Read more
ASIA Capital Group Public Company Limited (ACAP) - Net Assets
Latest net assets as of June 2025: ฿752.14 Million THB
Based on the latest financial reports, ASIA Capital Group Public Company Limited (ACAP) has net assets worth ฿752.14 Million THB as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.69 Billion) and total liabilities (฿1.94 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 | ฿752.14 Million |
| % of Total Assets | 27.97% |
| Annual Growth Rate | 9.23% |
| 5-Year Change | 142.23% |
| 10-Year Change | 21.38% |
| Growth Volatility | 462.85 |
ASIA Capital Group Public Company Limited - Net Assets Trend (2004–2024)
This chart illustrates how ASIA Capital Group Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ASIA Capital Group Public Company Limited (2004–2024)
The table below shows the annual net assets of ASIA Capital Group Public Company Limited from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿822.57 Million | +103.77% |
| 2023-12-31 | ฿403.67 Million | +2098.22% |
| 2022-12-31 | ฿18.36 Million | -83.93% |
| 2021-12-31 | ฿114.25 Million | -66.35% |
| 2020-12-31 | ฿339.58 Million | -71.17% |
| 2019-12-31 | ฿1.18 Billion | -3.54% |
| 2018-12-31 | ฿1.22 Billion | -2.13% |
| 2017-12-31 | ฿1.25 Billion | +24.73% |
| 2016-12-31 | ฿1.00 Billion | +47.58% |
| 2015-12-31 | ฿677.71 Million | -2.72% |
| 2014-12-31 | ฿696.66 Million | -5.04% |
| 2013-12-31 | ฿733.67 Million | -24.11% |
| 2012-12-31 | ฿966.78 Million | -6.60% |
| 2011-12-31 | ฿1.04 Billion | +61.44% |
| 2010-12-31 | ฿641.12 Million | -25.28% |
| 2009-12-31 | ฿858.00 Million | -50.78% |
| 2008-12-31 | ฿1.74 Billion | +20.50% |
| 2007-12-31 | ฿1.45 Billion | +374.66% |
| 2006-12-31 | ฿304.75 Million | -12.72% |
| 2005-12-31 | ฿349.18 Million | +148.27% |
| 2004-12-31 | ฿140.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASIA Capital Group 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 2209.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿176.59 Million | 21.47% |
| Other Components | ฿645.98 Million | 78.53% |
| Total Equity | ฿822.57 Million | 100.00% |
ASIA Capital Group Public Company Limited Competitors by Market Cap
The table below lists competitors of ASIA Capital Group Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DICK'S SPORT GOODS
MU:DSG
|
$1.71 Million |
|
DAETWYLER HLDG (31D1.SG)
STU:31D1
|
$1.71 Million |
|
Harrys Manufacturing Inc
PINK:WSRRF
|
$1.71 Million |
|
Prodware
PA:ALPRO
|
$1.71 Million |
|
mTouche Technology Bhd
KLSE:0092
|
$1.71 Million |
|
TechCreate Group Ltd.
NYSE MKT:TCGL
|
$1.71 Million |
|
Scandinavian Brake Systems A/S
CO:SBS
|
$1.71 Million |
|
D'IETEREN - Dusseldorf Stock Exchang
DU:DJDA
|
$1.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASIA Capital Group Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 403,670,899 to 822,571,823, a change of 418,900,924 (103.8%).
- Net income of 265,161,168 contributed positively to equity growth.
- Other comprehensive income decreased equity by 19,533,617.
- Other factors increased equity by 173,273,373.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿265.16 Million | +32.24% |
| Other Comprehensive Income | ฿-19.53 Million | -2.37% |
| Other Changes | ฿173.27 Million | +21.06% |
| Total Change | ฿- | 103.77% |
Book Value vs Market Value Analysis
This analysis compares ASIA Capital Group 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: 0.16x
- 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.
- The price-to-book ratio has decreased from 0.36x to 0.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿0.91 | ฿0.33 | x |
| 2005-12-31 | ฿2.23 | ฿0.33 | x |
| 2006-12-31 | ฿1.52 | ฿0.33 | x |
| 2007-12-31 | ฿3.21 | ฿0.33 | x |
| 2008-12-31 | ฿6.97 | ฿0.33 | x |
| 2009-12-31 | ฿3.43 | ฿0.33 | x |
| 2010-12-31 | ฿2.56 | ฿0.33 | x |
| 2011-12-31 | ฿4.13 | ฿0.33 | x |
| 2012-12-31 | ฿3.88 | ฿0.33 | x |
| 2013-12-31 | ฿2.96 | ฿0.33 | x |
| 2014-12-31 | ฿2.79 | ฿0.33 | x |
| 2015-12-31 | ฿2.71 | ฿0.33 | x |
| 2016-12-31 | ฿3.44 | ฿0.33 | x |
| 2017-12-31 | ฿3.53 | ฿0.33 | x |
| 2018-12-31 | ฿3.63 | ฿0.33 | x |
| 2019-12-31 | ฿3.46 | ฿0.33 | x |
| 2020-12-31 | ฿1.07 | ฿0.33 | x |
| 2021-12-31 | ฿0.36 | ฿0.33 | x |
| 2022-12-31 | ฿0.06 | ฿0.33 | x |
| 2023-12-31 | ฿0.99 | ฿0.33 | x |
| 2024-12-31 | ฿2.02 | ฿0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASIA Capital Group 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): 32.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 100.00%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 3.32x
- Recent ROE (32.24%) is above the historical average (-24.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 7.50% | 9.00% | 0.50x | 1.66x | ฿-3.51 Million |
| 2005 | 15.40% | 18.19% | 0.75x | 1.13x | ฿18.87 Million |
| 2006 | 13.31% | 12.26% | 0.97x | 1.11x | ฿10.10 Million |
| 2007 | 28.25% | 19.24% | 0.11x | 13.02x | ฿119.63 Million |
| 2008 | 0.79% | 0.85% | 0.18x | 5.19x | ฿-160.46 Million |
| 2009 | 13.11% | 10.90% | 0.15x | 8.29x | ฿26.65 Million |
| 2010 | 34.57% | 10.11% | 0.46x | 7.36x | ฿157.52 Million |
| 2011 | 38.04% | 77.13% | 0.46x | 1.07x | ฿289.79 Million |
| 2012 | 40.50% | 77.13% | 0.50x | 1.06x | ฿296.07 Million |
| 2013 | -14.54% | -84.10% | 0.16x | 1.07x | ฿-181.59 Million |
| 2014 | -6.17% | -38.57% | 0.15x | 1.07x | ฿-112.65 Million |
| 2015 | -3.71% | -17.06% | 0.13x | 1.74x | ฿-92.92 Million |
| 2016 | 21.24% | 45.62% | 0.10x | 4.53x | ฿112.43 Million |
| 2017 | 20.47% | 60.68% | 0.09x | 3.85x | ฿130.67 Million |
| 2018 | 5.07% | 11.95% | 0.11x | 3.92x | ฿-60.22 Million |
| 2019 | -17.11% | -56.81% | 0.08x | 3.94x | ฿-296.63 Million |
| 2020 | -105.23% | -1059.43% | 0.01x | 10.30x | ฿-391.29 Million |
| 2021 | -198.03% | -1000.96% | 0.01x | 31.08x | ฿-237.68 Million |
| 2022 | -530.54% | -4193986.48% | 0.00x | 175.82x | ฿-99.26 Million |
| 2023 | 88.20% | 0.00% | -0.02x | 6.95x | ฿315.67 Million |
| 2024 | 32.24% | 100.00% | 0.10x | 3.32x | ฿182.90 Million |
Industry Comparison
This section compares ASIA Capital Group Public Company Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $1,513,936,646
- Average return on equity (ROE) among peers: 8.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASIA Capital Group Public Company Limited (ACAP) | ฿752.14 Million | 7.50% | 2.57x | $1.71 Million |
| AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) | $3.93 Billion | 27.71% | 6.13x | $163.14 Million |
| AIRA Factoring Public Company Limited (AF) | $127.47 Million | -18.31% | 5.77x | $1.14 Million |
| Amanah Leasing Public Company Limited (AMANAH) | $1.37 Billion | 18.08% | 1.58x | $12.17 Million |
| Asia Sermkij Leasing Public Company Limited (ASK) | $1.95 Billion | 14.85% | 6.89x | $93.23 Million |
| Chase Asia PCL (CHASE) | $-209.42 Million | 0.00% | 0.00x | $7.20 Million |
| Chayo Group Public Company Limited (CHAYO) | $201.79 Million | 2.02% | 0.17x | $19.33 Million |
| Eastern Commercial Leasing Public Company Limited (ECL) | $678.63 Million | 6.76% | 1.76x | $11.11 Million |
| G Capital Public Company Limited (GCAP) | $329.74 Million | 16.74% | 1.97x | $3.52 Million |
| Heng Leasing & Capital PCL (HENG) | $5.24 Billion | 8.79% | 1.34x | $38.71 Million |