Aikchol Hospital Public Company Limited (AHC) - Net Assets

Latest as of September 2025: ฿2.13 Billion THB ≈ $66.52 Million USD

Based on the latest financial reports, Aikchol Hospital Public Company Limited (AHC) has net assets worth ฿2.13 Billion THB (≈ $66.52 Million USD) 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 ≈ $77.52 Million USD) and total liabilities (฿352.89 Million ≈ $11.00 Million USD). 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. Check AHC financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Aikchol Hospital Public Company Limited asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Aikchol Hospital Public Company Limited stock valuation.

Year	Net Assets	Change
2024-12-31	฿2.09 Billion ≈ $65.21 Million	+0.78%
2023-12-31	฿2.08 Billion ≈ $64.70 Million	+0.43%
2022-12-31	฿2.07 Billion ≈ $64.43 Million	+11.48%
2021-12-31	฿1.85 Billion ≈ $57.79 Million	+16.05%
2020-12-31	฿1.60 Billion ≈ $49.80 Million	-1.36%
2019-12-31	฿1.62 Billion ≈ $50.49 Million	+4.41%
2018-12-31	฿1.55 Billion ≈ $48.36 Million	+6.54%
2017-12-31	฿1.46 Billion ≈ $45.39 Million	+1.57%
2016-12-31	฿1.43 Billion ≈ $44.69 Million	+7.83%
2015-12-31	฿1.33 Billion ≈ $41.44 Million	+7.24%
2014-12-31	฿1.24 Billion ≈ $38.64 Million	+10.12%
2013-12-31	฿1.13 Billion ≈ $35.09 Million	+10.69%
2012-12-31	฿1.02 Billion ≈ $31.71 Million	+17.33%
2011-12-31	฿866.94 Million ≈ $27.02 Million	+9.07%
2010-12-31	฿794.85 Million ≈ $24.77 Million	+12.04%
2009-12-31	฿709.44 Million ≈ $22.11 Million	+5.06%
2008-12-31	฿675.25 Million ≈ $21.05 Million	+6.80%
2007-12-31	฿632.26 Million ≈ $19.71 Million	+2.50%
2006-12-31	฿616.83 Million ≈ $19.23 Million	+14.66%
2005-12-31	฿537.96 Million ≈ $16.77 Million	+15.04%
2004-12-31	฿467.64 Million ≈ $14.58 Million	+11.40%
2003-12-31	฿419.77 Million ≈ $13.08 Million	+11.70%
2002-12-31	฿375.81 Million ≈ $11.71 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
JCH Systems Inc KQ:033320	$64.53 Million
Coheris SA PA:COH	$64.53 Million
Ascot Resources Ltd. TO:AOT	$64.55 Million
ad pepper media International N.V XETRA:APM	$64.58 Million
artnet AG Namens-Aktien o.N. XETRA:ART	$64.48 Million
Amata VN PCL BK:AMATAV	$64.45 Million
Akoya Biosciences Inc NASDAQ:AKYA	$64.44 Million
Talenom Oyj HE:TNOM	$64.44 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: 0.99x
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 3.36x to 0.99x 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	฿13.80	x
2007-12-31	฿4.22	฿13.80	x
2008-12-31	฿4.50	฿13.80	x
2009-12-31	฿4.73	฿13.80	x
2010-12-31	฿5.30	฿13.80	x
2011-12-31	฿5.78	฿13.80	x
2012-12-31	฿6.79	฿13.80	x
2013-12-31	฿7.51	฿13.80	x
2014-12-31	฿8.27	฿13.80	x
2015-12-31	฿8.87	฿13.80	x
2016-12-31	฿9.56	฿13.80	x
2017-12-31	฿9.71	฿13.80	x
2018-12-31	฿10.35	฿13.80	x
2019-12-31	฿10.80	฿13.80	x
2020-12-31	฿10.66	฿13.80	x
2021-12-31	฿12.37	฿13.80	x
2022-12-31	฿13.79	฿13.80	x
2023-12-31	฿13.85	฿13.80	x
2024-12-31	฿13.96	฿13.80	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: $5,646,309,669
Average return on equity (ROE) among peers: 16.10%

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	$64.48 Million
Bangkok Chain Hospital Public Company Limited (BCH)	$13.70 Billion	10.26%	0.29x	$722.94 Million
Bangkok Chain Hospital Public Company Limited (BCH-R)	$4.67 Billion	11.18%	1.14x	$1.03 Billion
Bangkok Dusit Medical Services Public Company Limited (BDMS)	$1.96 Billion	9.18%	1.26x	$9.06 Billion
Bumrungrad Hospital PCL (BH)	$4.87 Billion	24.48%	0.67x	$4.47 Billion
Bumrungrad Hospital Public Company Limited (BH-R)	$16.70 Billion	23.61%	0.41x	$4.61 Billion
Chularat Hospital Public Company Limited (CHG)	$4.19 Billion	20.91%	0.48x	$490.29 Million
Chularat Hospital Public Company Limited (CHG-R)	$2.97 Billion	18.13%	0.20x	$589.72 Million
Chiang Mai Ram Medical Business Public Company Limited (CMR)	$1.67 Billion	12.28%	0.76x	$163.69 Million
Dental Corporation Public Company Limited (D)	$82.57 Million	14.90%	1.80x	$30.08 Million

About Aikchol Hospital Public Company Limited

BK:AHC Thailand Medical Care Facilities

Market Cap

$64.48 Million

฿2.07 Billion THB

Market Cap Rank

#20894 Global

#330 in Thailand

Share Price

฿13.80

Change (1 day)

+2.37%

52-Week Range

฿12.00 - ฿14.90

All Time High

฿31.98