AEON Thana Sinsap (Thailand) Public Company Limited
AEON Thana Sinsap (Thailand) Public Company Limited provides various retail finance services in Thailand and internationally. The company operates through Retail Finance Services and Other Business segments. It 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-R) - Net Assets
Latest net assets as of November 2024: ฿26.05 Billion THB
Based on the latest financial reports, AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS-R) has net assets worth ฿26.05 Billion THB as of November 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿92.55 Billion) and total liabilities (฿66.50 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 | ฿26.05 Billion |
| % of Total Assets | 28.15% |
| Annual Growth Rate | 8.93% |
| 5-Year Change | 18.63% |
| 10-Year Change | N/A |
| Growth Volatility | 11.54 |
AEON Thana Sinsap (Thailand) Public Company Limited - Net Assets Trend (2017–2024)
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 (2017–2024)
The table below shows the annual net assets of AEON Thana Sinsap (Thailand) Public Company Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 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 | -- |
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 48.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿19.29 Billion | 78.81% |
| Other Components | ฿5.19 Billion | 21.19% |
| Total Equity | ฿24.47 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 |
|---|---|
|
Actron Technology
TWO:8255
|
$246.39 Million |
|
TomTom N.V
PINK:TMOAF
|
$246.41 Million |
|
Weihai Honglin Electronic Co. Ltd. A
SHE:301439
|
$246.42 Million |
|
HUYA Inc
NYSE:HUYA
|
$246.52 Million |
|
FD Technologies Plc
PINK:FDRVF
|
$246.20 Million |
|
MEGA P&C Advanced Materials (Shanghai) Company Limited
SHG:603062
|
$246.14 Million |
|
Dimerco Express
TWO:5609
|
$246.08 Million |
|
FIVE PT.HLDGS CL.AREP.
F:FP9
|
$246.03 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 2023 to 2024, total equity changed from 22,821,480,000 to 24,472,361,000, a change of 1,650,881,000 (7.2%).
- Net income of 3,258,785,000 contributed positively to equity growth.
- Dividend payments of 1,386,197,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿3.26 Billion | +13.32% |
| Dividends Paid | ฿1.39 Billion | -5.66% |
| Other Changes | ฿-221.71 Million | -0.91% |
| Total Change | ฿- | 7.23% |
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: 1.13x
- 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 2.02x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-02-28 | ฿54.79 | ฿110.50 | x |
| 2018-02-28 | ฿62.95 | ฿110.50 | x |
| 2019-02-28 | ฿72.22 | ฿110.50 | x |
| 2020-02-29 | ฿82.91 | ฿110.50 | x |
| 2021-02-28 | ฿68.23 | ฿110.50 | x |
| 2022-02-28 | ฿79.55 | ฿110.50 | x |
| 2023-02-28 | ฿91.29 | ฿110.50 | x |
| 2024-02-29 | ฿97.89 | ฿110.50 | 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): 13.32%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.15%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.78x
- Recent ROE (13.32%) is below the historical average (18.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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% | 18.15% | 0.19x | 3.78x | ฿811.55 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: $940,723,225
- Average return on equity (ROE) among peers: 12.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS-R) | ฿26.05 Billion | 17.55% | 2.55x | $246.33 Million |
| ASIA Capital Group Public Company Limited (ACAP) | $1.25 Billion | 20.47% | 2.85x | $1.71 Million |
| AIRA Factoring Public Company Limited (AF) | $354.41 Million | 18.26% | 7.13x | $1.10 Million |
| Amanah Leasing Public Company Limited (AMANAH) | $1.37 Billion | 18.08% | 1.58x | $10.95 Million |
| Asia Sermkij Leasing Public Company Limited (ASK) | $349.65 Million | 31.17% | 9.15x | $88.44 Million |
| Chase Asia PCL (CHASE) | $3.38 Billion | 3.94% | 0.15x | $7.05 Million |
| Chayo Group Public Company Limited (CHAYO) | $333.22 Million | 17.48% | 0.25x | $18.43 Million |
| Eastern Commercial Leasing Public Company Limited (ECL) | $678.63 Million | 6.76% | 1.76x | $11.11 Million |
| G Capital Public Company Limited (GCAP) | $515.34 Million | 0.76% | 3.62x | $3.25 Million |
| Heng Leasing & Capital PCL (HENG) | $238.72 Million | 0.00% | 8.00x | $37.85 Million |