Advice It Infinite Pcl
Advice IT Infinite Public Company Limited engages in the retail and wholesale of IT products, mobile phones and accessories in Thailand. The company also offers maintenance services. Advice IT Infinite Public Company Limited was incorporated in 2012 and is based in Pak Kret, Thailand.
Advice It Infinite Pcl (ADVICE) - Net Assets
Latest net assets as of June 2024: ฿919.43 Million THB
Based on the latest financial reports, Advice It Infinite Pcl (ADVICE) has net assets worth ฿919.43 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.13 Billion) and total liabilities (฿2.21 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 | ฿919.43 Million |
| % of Total Assets | 29.38% |
| Annual Growth Rate | 16.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 20.77 |
Advice It Infinite Pcl - Net Assets Trend (2020–2022)
This chart illustrates how Advice It Infinite 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 Advice It Infinite Pcl (2020–2022)
The table below shows the annual net assets of Advice It Infinite Pcl from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | ฿310.78 Million | -2.34% |
| 2021-09-30 | ฿318.23 Million | +39.19% |
| 2020-09-30 | ฿228.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advice It Infinite 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 0.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿75.20 Million | 24.20% |
| Other Components | ฿235.57 Million | 75.80% |
| Total Equity | ฿310.78 Million | 100.00% |
Advice It Infinite Pcl Competitors by Market Cap
The table below lists competitors of Advice It Infinite Pcl ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
King Gen PCL
BK:KGEN
|
$34.64 Million |
|
MiniLuxe Holding Corp
OTCQB:MNLXF
|
$34.64 Million |
|
Sensys Gatso Group AB
ST:SGG
|
$34.65 Million |
|
LEBON NOM. O.N.
F:88J
|
$34.67 Million |
|
Gulshan Polyols Limited
NSE:GULPOLY
|
$34.64 Million |
|
Mermaid Maritime Public Company Limited
PINK:MMMPF
|
$34.63 Million |
|
Actinium Pharmaceuticals Inc
NYSE MKT:ATNM
|
$34.63 Million |
|
Turk Ilac ve Serum Sanayi AS
IS:TRILC
|
$34.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advice It Infinite Pcl's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 318,228,252 to 310,776,793, a change of -7,451,459 (-2.3%).
- Net income of 205,672,612 contributed positively to equity growth.
- Dividend payments of 287,000,000 reduced retained earnings.
- New share issuances of 75,000,000 increased equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿205.67 Million | +66.18% |
| Dividends Paid | ฿287.00 Million | -92.35% |
| Share Issuances | ฿75.00 Million | +24.13% |
| Other Changes | ฿-1.12 Million | -0.36% |
| Total Change | ฿- | -2.34% |
Book Value vs Market Value Analysis
This analysis compares Advice It Infinite 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: 11.27x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.32x to 11.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | ฿0.37 | ฿5.65 | x |
| 2021-09-30 | ฿0.51 | ฿5.65 | x |
| 2022-09-30 | ฿0.50 | ฿5.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advice It Infinite 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): 66.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.43%
- • Asset Turnover: 5.56x
- • Equity Multiplier: 8.32x
- Recent ROE (66.18%) is below the historical average (100.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 135.18% | 3.01% | 5.60x | 8.03x | ฿398.36 Million |
| 2022 | 66.18% | 1.43% | 5.56x | 8.32x | ฿174.59 Million |
Industry Comparison
This section compares Advice It Infinite Pcl's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $879,165,181
- Average return on equity (ROE) among peers: 9.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advice It Infinite Pcl (ADVICE) | ฿919.43 Million | 135.18% | 2.40x | $34.64 Million |
| AJ Advance Technology Public Company Limited (AJA) | $1.87 Billion | 19.05% | 0.61x | $21.27 Million |
| BPS TECHNOLOGY PUBLIC COMPANY LIMITED (BPS) | $161.72 Million | 12.68% | 1.43x | $1.82 Million |
| Comanche International Public Company Limited (COMAN) | $349.09 Million | 0.57% | 0.19x | $1.88 Million |
| Copperwired Public Company Limited (CPW) | $259.71 Million | 8.45% | 1.44x | $8.87 Million |
| Communication & System Solution Public Company Limited (CSS) | $1.73 Billion | 9.81% | 1.22x | $17.83 Million |
| IT City Public Company Limited (IT) | $752.31 Million | 15.60% | 0.34x | $12.27K |
| Metro Systems Corporation Public Company Limited (MSC) | $455.46 Million | 0.00% | 3.33x | $10.97 Million |
| Simat Technologies Public Company Limited (SIMAT) | $629.48 Million | 5.27% | 0.83x | $18.85 Million |
| SiS Distribution (Thailand) Public Company Limited (SIS) | $1.71 Billion | 13.31% | 1.90x | $78.03 Million |