AIRA Capital Public Company Limited

BK:AIRA Thailand Capital Markets
Market Cap
$207.61 Million
฿7.20 Billion THB
Market Cap Rank
#20399 Global
#195 in Thailand
Share Price
฿1.14
Change (1 day)
+0.00%
52-Week Range
฿0.91 - ฿1.50
All Time High
฿2.56
Categories
Companies in Thailand Capital Markets
About

AIRA Capital Public Company Limited, together with its subsidiaries, engages in the investment and financial advisory activities in Thailand. It operates through Securities and Investment Business, Advisory and Investment Banking, Factoring, Rental and Service Business, and Property Development segments. The company offers securities brokerage, securities trading, investment advisory, securities … Read more

AIRA Capital Public Company Limited (AIRA) - Net Assets

Latest net assets as of December 2025: ฿4.17 Billion THB

Based on the latest financial reports, AIRA Capital Public Company Limited (AIRA) has net assets worth ฿4.17 Billion THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿9.49 Billion) and total liabilities (฿5.32 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 ฿4.17 Billion
% of Total Assets 43.97%
Annual Growth Rate 10.23%
5-Year Change -8.66%
10-Year Change 13.99%
Growth Volatility 27.71

AIRA Capital Public Company Limited - Net Assets Trend (2012–2025)

This chart illustrates how AIRA Capital 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 AIRA Capital Public Company Limited (2012–2025)

The table below shows the annual net assets of AIRA Capital Public Company Limited from 2012 to 2025.

Year Net Assets Change
2025-12-31 ฿4.17 Billion -1.74%
2024-12-31 ฿4.25 Billion -1.85%
2023-12-31 ฿4.33 Billion -5.14%
2022-12-31 ฿4.56 Billion -0.16%
2021-12-31 ฿4.57 Billion +1.15%
2020-12-31 ฿4.52 Billion -2.66%
2019-12-31 ฿4.64 Billion -0.49%
2018-12-31 ฿4.66 Billion +9.08%
2017-12-31 ฿4.27 Billion +16.78%
2016-12-31 ฿3.66 Billion +11.00%
2015-12-31 ฿3.30 Billion +93.23%
2014-12-31 ฿1.71 Billion +53.70%
2013-12-31 ฿1.11 Billion -5.60%
2012-12-31 ฿1.18 Billion --

Equity Component Analysis

This analysis shows how different components contribute to AIRA Capital 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 decreased by 7551.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components ฿4.74 Billion 150.77%
Total Equity ฿3.15 Billion 100.00%

AIRA Capital Public Company Limited Competitors by Market Cap

The table below lists competitors of AIRA Capital Public Company Limited ranked by their market capitalization.

Company Market Cap
Mega Uranium Ltd.
PINK:MGAFF
 		$60.05 Million
Englewood Lab Inc
KQ:950140
 		$60.05 Million
Tianjin Songjiang Co Ltd
SHG:600225
 		$60.07 Million
ARRAIL GROUP LTD.
F:I1D
 		$60.09 Million
PRUKSA HOLDING
BK:PSH-R
 		$59.98 Million
SIIC Environment Holdings Ltd
PINK:AWAEF
 		$59.96 Million
Dhanlaxmi Bank Limited
NSE:DHANBANK
 		$59.94 Million
Rugvista Group AB
ST:RUG
 		$59.94 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AIRA Capital Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,253,914,740 to 3,145,566,179, a change of -108,348,561 (-3.3%).
  • Net loss of 108,548,664 reduced equity.
  • Other comprehensive income decreased equity by 25,745,950.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿-108.55 Million -3.45%
Other Comprehensive Income ฿-25.75 Million -0.82%
Other Changes ฿25.95 Million +0.82%
Total Change ฿- -3.33%

Book Value vs Market Value Analysis

This analysis compares AIRA Capital 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: 2.29x
  • 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 3.44x to 2.29x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 ฿0.33 ฿1.14 x
2013-12-31 ฿0.21 ฿1.14 x
2014-12-31 ฿0.57 ฿1.14 x
2015-12-31 ฿0.82 ฿1.14 x
2016-12-31 ฿0.56 ฿1.14 x
2017-12-31 ฿0.61 ฿1.14 x
2018-12-31 ฿0.65 ฿1.14 x
2019-12-31 ฿0.63 ฿1.14 x
2020-12-31 ฿0.58 ฿1.14 x
2021-12-31 ฿0.58 ฿1.14 x
2022-12-31 ฿0.58 ฿1.14 x
2023-12-31 ฿0.54 ฿1.14 x
2024-12-31 ฿0.52 ฿1.14 x
2025-12-31 ฿0.50 ฿1.14 x

Capital Efficiency Dashboard

This dashboard shows how efficiently AIRA Capital 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): -3.45%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10.70%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 3.02x
  • Recent ROE (-3.45%) is below the historical average (-1.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 2.84% 7.10% 0.09x 4.45x ฿-73.89 Million
2013 8.85% 11.42% 0.15x 5.21x ฿-11.67 Million
2014 4.41% 8.29% 0.15x 3.47x ฿-90.31 Million
2015 -3.26% -13.54% 0.13x 1.92x ฿-402.75 Million
2016 -3.46% -13.50% 0.11x 2.33x ฿-419.33 Million
2017 -6.39% -30.11% 0.10x 2.20x ฿-594.87 Million
2018 -3.62% -18.37% 0.10x 1.98x ฿-543.63 Million
2019 -4.53% -22.34% 0.09x 2.37x ฿-556.27 Million
2020 -2.10% -7.69% 0.11x 2.52x ฿-442.39 Million
2021 3.43% 11.80% 0.10x 2.77x ฿-242.46 Million
2022 0.06% 0.24% 0.10x 2.63x ฿-365.14 Million
2023 -5.67% -20.01% 0.10x 2.78x ฿-534.71 Million
2024 -4.19% -11.93% 0.12x 3.01x ฿-461.64 Million
2025 -3.45% -10.70% 0.11x 3.02x ฿-423.11 Million

Industry Comparison

This section compares AIRA Capital Public Company Limited's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

  • Industry: Capital Markets
  • Average net assets among peers: $2,881,143,097
  • Average return on equity (ROE) among peers: 7.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
AIRA Capital Public Company Limited (AIRA) ฿4.17 Billion 2.84% 1.27x $60.05 Million
Asia Plus Group Holdings PCL (ASP) $4.44 Billion 24.06% 0.73x $93.67 Million
Beyond Securities PCL (BYD) $927.92 Million -4.32% 0.24x $46.15 Million
Country Group Holdings Public Company Limited (CGH) $3.38 Billion 12.43% 0.41x $29.38 Million
Globlex Holding Management Public Company Limited (GBX) $1.44 Billion 2.99% 1.04x $8.78 Million
KGI Securities (Thailand) Public Company Limited (KGI) $5.56 Billion 1.15% 0.34x $160.61 Million
Maybank Securities (Thailand) PCL (MST) $4.42 Billion 14.80% 0.62x $18.74 Million
Trinity Watthana Public Company Limited (TNITY) $1.60 Billion 8.17% 2.16x $9.36 Million
UOB Kay Hian Securities (Thailand) Public Company Limited (UOBKH) $1.83 Billion 6.24% 0.23x $8.84 Million
XSpring Capital Public Company Limited (XPG) $2.34 Billion 2.55% 0.50x $108.52 Million