AEON Thana Sinsap (Thailand) Public Company Limited
AEON Thana Sinsap (Thailand) Public Company Limited provides various retail finance services in Thailand and internationally. It operates through Retail Finance Services and Other Business segments. The company offers credit card, hire purchase, personal loans, and other services; debt collection and insurance brokerage services; and non-performing asset management services, as well as microfinan… Read more
AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) - Net Assets
Latest net assets as of May 2025: ฿27.73 Billion THB
Based on the latest financial reports, AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) has net assets worth ฿27.73 Billion THB as of May 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿92.25 Billion) and total liabilities (฿64.51 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 | ฿27.73 Billion |
| % of Total Assets | 30.06% |
| Annual Growth Rate | 19.48% |
| 5-Year Change | 55.66% |
| 10-Year Change | 123.49% |
| Growth Volatility | 40.05 |
AEON Thana Sinsap (Thailand) Public Company Limited - Net Assets Trend (2001–2025)
This chart illustrates how AEON Thana Sinsap (Thailand) 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 AEON Thana Sinsap (Thailand) Public Company Limited (2001–2025)
The table below shows the annual net assets of AEON Thana Sinsap (Thailand) Public Company Limited from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | ฿27.05 Billion | +7.95% |
| 2024-02-29 | ฿25.06 Billion | +7.34% |
| 2023-02-28 | ฿23.35 Billion | +15.22% |
| 2022-02-28 | ฿20.26 Billion | +16.60% |
| 2021-02-28 | ฿17.38 Billion | -17.73% |
| 2020-02-29 | ฿21.13 Billion | +14.88% |
| 2019-02-28 | ฿18.39 Billion | +16.22% |
| 2018-02-28 | ฿15.82 Billion | +14.88% |
| 2017-02-28 | ฿13.77 Billion | +13.78% |
| 2016-02-29 | ฿12.11 Billion | +15.90% |
| 2015-02-28 | ฿10.44 Billion | +17.26% |
| 2014-02-28 | ฿8.91 Billion | +22.73% |
| 2013-02-28 | ฿7.26 Billion | +18.49% |
| 2012-02-29 | ฿6.13 Billion | -1.73% |
| 2011-02-28 | ฿6.23 Billion | +6.43% |
| 2010-02-28 | ฿5.86 Billion | +8.96% |
| 2009-02-28 | ฿5.37 Billion | +15.34% |
| 2008-02-29 | ฿4.66 Billion | +18.53% |
| 2007-02-28 | ฿3.93 Billion | +22.50% |
| 2006-02-28 | ฿3.21 Billion | +27.04% |
| 2005-02-28 | ฿2.53 Billion | +28.79% |
| 2004-02-29 | ฿1.96 Billion | +30.16% |
| 2003-02-28 | ฿1.51 Billion | +29.01% |
| 2002-02-28 | ฿1.17 Billion | +209.00% |
| 2001-02-28 | ฿378.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AEON Thana Sinsap (Thailand) 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 9472.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿20.87 Billion | 79.00% |
| Other Components | ฿5.55 Billion | 21.00% |
| Total Equity | ฿26.42 Billion | 100.00% |
AEON Thana Sinsap (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of AEON Thana Sinsap (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanwha Galleria Corp.
KO:452260
|
$163.23 Million |
|
Maiquer Group Co Ltd
SHE:002719
|
$163.24 Million |
|
Goodluck India Limited
NSE:GOODLUCK
|
$163.26 Million |
|
FSP Technology Inc
TW:3015
|
$163.27 Million |
|
Changchun Zhiyuan New Energy Equipment Co. Ltd
SHE:300985
|
$163.11 Million |
|
BCEG Environmental Remediation Co. Ltd.
SHE:300958
|
$163.08 Million |
|
Kedge Construction Co Ltd
TW:2546
|
$163.03 Million |
|
Zhejiang Red Dragonfly Footwear Co Ltd
SHG:603116
|
$163.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AEON Thana Sinsap (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,472,361,000 to 26,417,464,000, a change of 1,945,103,000 (7.9%).
- Net income of 2,860,344,000 contributed positively to equity growth.
- Dividend payments of 1,389,642,000 reduced retained earnings.
- Other comprehensive income decreased equity by 4,444,943,000.
- Other factors increased equity by 4,919,344,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿2.86 Billion | +10.83% |
| Dividends Paid | ฿1.39 Billion | -5.26% |
| Other Comprehensive Income | ฿-4.44 Billion | -16.83% |
| Other Changes | ฿4.92 Billion | +18.62% |
| Total Change | ฿- | 7.95% |
Book Value vs Market Value Analysis
This analysis compares AEON Thana Sinsap (Thailand) 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: 0.86x
- 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 11.53x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-02-29 | ฿7.85 | ฿90.50 | x |
| 2005-02-28 | ฿10.10 | ฿90.50 | x |
| 2006-02-28 | ฿12.84 | ฿90.50 | x |
| 2007-02-28 | ฿15.72 | ฿90.50 | x |
| 2008-02-29 | ฿18.64 | ฿90.50 | x |
| 2009-02-28 | ฿21.50 | ฿90.50 | x |
| 2010-02-28 | ฿23.42 | ฿90.50 | x |
| 2011-02-28 | ฿24.93 | ฿90.50 | x |
| 2012-02-29 | ฿24.50 | ฿90.50 | x |
| 2013-02-28 | ฿29.03 | ฿90.50 | x |
| 2014-02-28 | ฿35.62 | ฿90.50 | x |
| 2015-02-28 | ฿41.78 | ฿90.50 | x |
| 2016-02-29 | ฿48.08 | ฿90.50 | x |
| 2017-02-28 | ฿54.79 | ฿90.50 | x |
| 2018-02-28 | ฿62.95 | ฿90.50 | x |
| 2019-02-28 | ฿72.22 | ฿90.50 | x |
| 2020-02-29 | ฿82.91 | ฿90.50 | x |
| 2021-02-28 | ฿68.23 | ฿90.50 | x |
| 2022-02-28 | ฿79.55 | ฿90.50 | x |
| 2023-02-28 | ฿91.29 | ฿90.50 | x |
| 2024-02-29 | ฿97.89 | ฿90.50 | x |
| 2025-02-28 | ฿105.67 | ฿90.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AEON Thana Sinsap (Thailand) 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): 10.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.21%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.46x
- Recent ROE (10.83%) is below the historical average (21.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 40.63% | 13.56% | 0.22x | 13.81x | ฿115.77 Million |
| 2002 | 25.00% | 13.53% | 0.22x | 8.55x | ฿175.27 Million |
| 2003 | 30.78% | 13.11% | 0.25x | 9.52x | ฿313.19 Million |
| 2004 | 31.75% | 15.36% | 0.27x | 7.60x | ฿426.57 Million |
| 2005 | 31.04% | 15.90% | 0.26x | 7.49x | ฿531.59 Million |
| 2006 | 30.55% | 15.15% | 0.28x | 7.17x | ฿659.61 Million |
| 2007 | 27.71% | 14.09% | 0.28x | 7.13x | ฿696.36 Million |
| 2008 | 25.18% | 13.06% | 0.29x | 6.75x | ฿707.53 Million |
| 2009 | 22.18% | 12.12% | 0.25x | 7.22x | ฿654.75 Million |
| 2010 | 16.81% | 10.47% | 0.24x | 6.68x | ฿398.65 Million |
| 2011 | 15.39% | 9.52% | 0.25x | 6.51x | ฿335.74 Million |
| 2012 | 2.63% | 1.70% | 0.22x | 7.12x | ฿-451.44 Million |
| 2013 | 23.26% | 17.37% | 0.19x | 7.03x | ฿962.67 Million |
| 2014 | 28.09% | 20.02% | 0.21x | 6.81x | ฿1.61 Billion |
| 2015 | 23.15% | 17.76% | 0.21x | 6.17x | ฿1.37 Billion |
| 2016 | 20.35% | 17.11% | 0.20x | 5.88x | ฿1.24 Billion |
| 2017 | 17.55% | 16.20% | 0.20x | 5.30x | ฿1.03 Billion |
| 2018 | 18.85% | 18.81% | 0.20x | 5.13x | ฿1.39 Billion |
| 2019 | 19.42% | 19.86% | 0.20x | 4.83x | ฿1.70 Billion |
| 2020 | 19.18% | 20.41% | 0.20x | 4.60x | ฿1.90 Billion |
| 2021 | 21.63% | 20.83% | 0.20x | 5.12x | ฿1.98 Billion |
| 2022 | 17.86% | 20.53% | 0.19x | 4.55x | ฿1.56 Billion |
| 2023 | 16.72% | 20.82% | 0.19x | 4.17x | ฿1.53 Billion |
| 2024 | 13.32% | 26.59% | 0.13x | 3.78x | ฿811.55 Million |
| 2025 | 10.83% | 16.21% | 0.19x | 3.46x | ฿218.60 Million |
Industry Comparison
This section compares AEON Thana Sinsap (Thailand) 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: $1,188,267,791
- Average return on equity (ROE) among peers: 7.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) | ฿27.73 Billion | 40.63% | 2.33x | $163.14 Million |
| ASIA Capital Group Public Company Limited (ACAP) | $1.00 Billion | 21.24% | 3.53x | $1.71 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 |