Aikchol Hospital Public Company Limited
Aikchol Hospital Public Company Limited provides medical and nursing care services under the Aikchol Hospital trademark in Thailand. It offers various hospital services, such as diseases protection, medical treatment, health strengthening and health rehabilitation services. The company also provides medical advices and check ups; radiology; accident and emergency 24/7; internal medicine; ear, nos… Read more
Aikchol Hospital Public Company Limited (AHC) - Net Assets
Latest net assets as of September 2025: ฿2.13 Billion THB
Based on the latest financial reports, Aikchol Hospital Public Company Limited (AHC) has net assets worth ฿2.13 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.49 Billion) and total liabilities (฿352.89 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 | ฿2.13 Billion |
| % of Total Assets | 85.81% |
| Annual Growth Rate | 8.12% |
| 5-Year Change | 30.95% |
| 10-Year Change | 57.36% |
| Growth Volatility | 5.25 |
Aikchol Hospital Public Company Limited - Net Assets Trend (2002–2024)
This chart illustrates how Aikchol Hospital 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 Aikchol Hospital Public Company Limited (2002–2024)
The table below shows the annual net assets of Aikchol Hospital Public Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.09 Billion | +0.78% |
| 2023-12-31 | ฿2.08 Billion | +0.43% |
| 2022-12-31 | ฿2.07 Billion | +11.48% |
| 2021-12-31 | ฿1.85 Billion | +16.05% |
| 2020-12-31 | ฿1.60 Billion | -1.36% |
| 2019-12-31 | ฿1.62 Billion | +4.41% |
| 2018-12-31 | ฿1.55 Billion | +6.54% |
| 2017-12-31 | ฿1.46 Billion | +1.57% |
| 2016-12-31 | ฿1.43 Billion | +7.83% |
| 2015-12-31 | ฿1.33 Billion | +7.24% |
| 2014-12-31 | ฿1.24 Billion | +10.12% |
| 2013-12-31 | ฿1.13 Billion | +10.69% |
| 2012-12-31 | ฿1.02 Billion | +17.33% |
| 2011-12-31 | ฿866.94 Million | +9.07% |
| 2010-12-31 | ฿794.85 Million | +12.04% |
| 2009-12-31 | ฿709.44 Million | +5.06% |
| 2008-12-31 | ฿675.25 Million | +6.80% |
| 2007-12-31 | ฿632.26 Million | +2.50% |
| 2006-12-31 | ฿616.83 Million | +14.66% |
| 2005-12-31 | ฿537.96 Million | +15.04% |
| 2004-12-31 | ฿467.64 Million | +11.40% |
| 2003-12-31 | ฿419.77 Million | +11.70% |
| 2002-12-31 | ฿375.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aikchol Hospital 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 918.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.70 Billion | 81.12% |
| Common Stock | ฿149.91 Million | 7.17% |
| Other Comprehensive Income | ฿14.99 Million | 0.72% |
| Other Components | ฿230.01 Million | 10.99% |
| Total Equity | ฿2.09 Billion | 100.00% |
Aikchol Hospital Public Company Limited Competitors by Market Cap
The table below lists competitors of Aikchol Hospital Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alquiber Quality SA
MC:ALQ
|
$29.61 Million |
|
Wonik Cube Corp
KQ:014190
|
$29.61 Million |
|
Century Casinos Inc
NASDAQ:CNTY
|
$29.64 Million |
|
Environmental Group Ltd (the)
AU:EGL
|
$29.64 Million |
|
Ledtech Electronics Corp
TW:6164
|
$29.59 Million |
|
Latch Inc
NASDAQ:LTCH
|
$29.59 Million |
|
ESS Tech Inc
NYSE:GWH
|
$29.58 Million |
|
Dinamik Isi Makina Yalitim Malzemeleri Sanayi ve Ticaret AS
IS:DNISI
|
$29.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aikchol Hospital Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,075,904,067 to 2,092,198,225, a change of 16,294,158 (0.8%).
- Net income of 127,006,763 contributed positively to equity growth.
- Dividend payments of 94,179,288 reduced retained earnings.
- Other comprehensive income decreased equity by 172,541,424.
- Other factors increased equity by 156,008,107.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿127.01 Million | +6.07% |
| Dividends Paid | ฿94.18 Million | -4.5% |
| Other Comprehensive Income | ฿-172.54 Million | -8.25% |
| Other Changes | ฿156.01 Million | +7.46% |
| Total Change | ฿- | 0.78% |
Book Value vs Market Value Analysis
This analysis compares Aikchol Hospital 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: 0.96x
- 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 3.26x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿4.11 | ฿13.40 | x |
| 2007-12-31 | ฿4.22 | ฿13.40 | x |
| 2008-12-31 | ฿4.50 | ฿13.40 | x |
| 2009-12-31 | ฿4.73 | ฿13.40 | x |
| 2010-12-31 | ฿5.30 | ฿13.40 | x |
| 2011-12-31 | ฿5.78 | ฿13.40 | x |
| 2012-12-31 | ฿6.79 | ฿13.40 | x |
| 2013-12-31 | ฿7.51 | ฿13.40 | x |
| 2014-12-31 | ฿8.27 | ฿13.40 | x |
| 2015-12-31 | ฿8.87 | ฿13.40 | x |
| 2016-12-31 | ฿9.56 | ฿13.40 | x |
| 2017-12-31 | ฿9.71 | ฿13.40 | x |
| 2018-12-31 | ฿10.35 | ฿13.40 | x |
| 2019-12-31 | ฿10.80 | ฿13.40 | x |
| 2020-12-31 | ฿10.66 | ฿13.40 | x |
| 2021-12-31 | ฿12.37 | ฿13.40 | x |
| 2022-12-31 | ฿13.79 | ฿13.40 | x |
| 2023-12-31 | ฿13.85 | ฿13.40 | x |
| 2024-12-31 | ฿13.96 | ฿13.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aikchol Hospital 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): 6.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.22%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.17x
- Recent ROE (6.07%) is below the historical average (11.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 17.97% | 15.19% | 1.02x | 1.16x | ฿33.47 Million |
| 2004 | 17.13% | 15.12% | 1.00x | 1.14x | ฿33.34 Million |
| 2005 | 19.15% | 16.93% | 0.67x | 1.70x | ฿49.22 Million |
| 2006 | 15.64% | 12.85% | 0.71x | 1.71x | ฿34.81 Million |
| 2007 | 5.56% | 4.48% | 0.81x | 1.54x | ฿-28.05 Million |
| 2008 | 9.73% | 7.31% | 0.91x | 1.46x | ฿-1.85 Million |
| 2009 | 6.36% | 5.28% | 0.88x | 1.37x | ฿-25.85 Million |
| 2010 | 10.66% | 8.61% | 1.00x | 1.24x | ฿5.22 Million |
| 2011 | 11.74% | 9.50% | 1.04x | 1.18x | ฿15.05 Million |
| 2012 | 16.94% | 13.64% | 1.07x | 1.16x | ฿70.64 Million |
| 2013 | 16.92% | 13.65% | 1.07x | 1.16x | ฿77.90 Million |
| 2014 | 14.65% | 12.16% | 1.03x | 1.17x | ฿57.71 Million |
| 2015 | 12.05% | 10.61% | 0.97x | 1.17x | ฿27.25 Million |
| 2016 | 12.73% | 11.43% | 0.93x | 1.19x | ฿39.17 Million |
| 2017 | 8.78% | 8.20% | 0.89x | 1.21x | ฿-17.75 Million |
| 2018 | 9.07% | 8.53% | 0.89x | 1.19x | ฿-14.42 Million |
| 2019 | 8.22% | 7.98% | 0.88x | 1.18x | ฿-28.83 Million |
| 2020 | 4.52% | 5.09% | 0.75x | 1.19x | ฿-87.57 Million |
| 2021 | 13.94% | 14.16% | 0.78x | 1.26x | ฿73.02 Million |
| 2022 | 13.11% | 13.83% | 0.79x | 1.19x | ฿64.35 Million |
| 2023 | 9.09% | 10.32% | 0.75x | 1.18x | ฿-18.83 Million |
| 2024 | 6.07% | 7.22% | 0.72x | 1.17x | ฿-82.21 Million |
Industry Comparison
This section compares Aikchol Hospital Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $3,041,209,132
- Average return on equity (ROE) among peers: 27.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aikchol Hospital Public Company Limited (AHC) | ฿2.13 Billion | 17.97% | 0.17x | $29.59 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $6.40 Billion | 17.03% | 0.97x | $429.99 Million |
| Bumrungrad Hospital PCL (BH) | $13.10 Billion | 26.23% | 0.63x | $3.50 Billion |
| Chularat Hospital Public Company Limited (CHG) | $1.12 Billion | 29.84% | 0.38x | $205.50 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.27 Billion | 8.36% | 0.67x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $106.33 Million | 39.99% | 1.05x | $9.07 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $953.94 Million | 16.80% | 0.15x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $123.73 Million | 56.28% | 0.53x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $123.08 Million | 37.33% | 0.31x | $7.20 Million |