Advanced Information Technology Public Company Limited
Advanced Information Technology Public Company Limited, together with its subsidiaries, engages in sale, design, installation, project management, repair and maintenance, training, and turnkey for network infrastructure and information and communication technology systems in Thailand. It operates in two segments: Sales and Service, and Rental of Equipment. The company offers IT solutions, includi… Read more
Advanced Information Technology Public Company Limited (AIT) - Net Assets
Latest net assets as of September 2025: ฿3.88 Billion THB
Based on the latest financial reports, Advanced Information Technology Public Company Limited (AIT) has net assets worth ฿3.88 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 (฿6.48 Billion) and total liabilities (฿2.60 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 | ฿3.88 Billion |
| % of Total Assets | 59.89% |
| Annual Growth Rate | 13.16% |
| 5-Year Change | 46.44% |
| 10-Year Change | 49.66% |
| Growth Volatility | 24.54 |
Advanced Information Technology Public Company Limited - Net Assets Trend (2002–2024)
This chart illustrates how Advanced Information Technology 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 Advanced Information Technology Public Company Limited (2002–2024)
The table below shows the annual net assets of Advanced Information Technology Public Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.28 Billion | +5.69% |
| 2023-12-31 | ฿4.05 Billion | +8.44% |
| 2022-12-31 | ฿3.74 Billion | +22.10% |
| 2021-12-31 | ฿3.06 Billion | +4.65% |
| 2020-12-31 | ฿2.93 Billion | +1.36% |
| 2019-12-31 | ฿2.89 Billion | +5.15% |
| 2018-12-31 | ฿2.74 Billion | -4.42% |
| 2017-12-31 | ฿2.87 Billion | -0.43% |
| 2016-12-31 | ฿2.88 Billion | +0.76% |
| 2015-12-31 | ฿2.86 Billion | +6.75% |
| 2014-12-31 | ฿2.68 Billion | +10.06% |
| 2013-12-31 | ฿2.44 Billion | +68.42% |
| 2012-12-31 | ฿1.45 Billion | +4.09% |
| 2011-12-31 | ฿1.39 Billion | +9.71% |
| 2010-12-31 | ฿1.27 Billion | +23.48% |
| 2009-12-31 | ฿1.03 Billion | +17.41% |
| 2008-12-31 | ฿873.67 Million | +7.53% |
| 2007-12-31 | ฿812.52 Million | +6.23% |
| 2006-12-31 | ฿764.84 Million | +19.94% |
| 2005-12-31 | ฿637.67 Million | +4.67% |
| 2004-12-31 | ฿609.20 Million | +4.68% |
| 2003-12-31 | ฿581.97 Million | +106.21% |
| 2002-12-31 | ฿282.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advanced Information Technology 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 3946.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.78 Billion | 41.65% |
| Common Stock | ฿1.54 Billion | 35.87% |
| Other Comprehensive Income | ฿154.74 Million | 3.61% |
| Other Components | ฿808.25 Million | 18.87% |
| Total Equity | ฿4.28 Billion | 100.00% |
Advanced Information Technology Public Company Limited Competitors by Market Cap
The table below lists competitors of Advanced Information Technology Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hercules Metals Corp.
V:BIG
|
$109.67 Million |
|
JEIO CO LTD (PROPOSED)
KQ:418550
|
$109.70 Million |
|
Eclat Forever Machinery Co., Ltd.
TWO:3485
|
$109.71 Million |
|
Botanix Pharmaceuticals Limited
PINK:BXPHF
|
$109.73 Million |
|
Resources Connection Inc
NASDAQ:RGP
|
$109.64 Million |
|
WCT Holdings Bhd
KLSE:9679
|
$109.64 Million |
|
Aduro Clean Technologies Inc. Common Stock
OTCQX:ADUR
|
$109.58 Million |
|
Alexander Marine Co Ltd
TW:8478
|
$109.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Information Technology Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,053,271,438 to 4,283,171,216, a change of 229,899,778 (5.7%).
- Net income of 572,462,687 contributed positively to equity growth.
- Dividend payments of 492,250,653 reduced retained earnings.
- Other comprehensive income decreased equity by 5,372,216.
- Other factors increased equity by 155,059,960.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿572.46 Million | +13.37% |
| Dividends Paid | ฿492.25 Million | -11.49% |
| Other Comprehensive Income | ฿-5.37 Million | -0.13% |
| Other Changes | ฿155.06 Million | +3.62% |
| Total Change | ฿- | 5.67% |
Book Value vs Market Value Analysis
This analysis compares Advanced Information Technology 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: 1.75x
- 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 3.13x to 1.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ฿1.56 | ฿4.88 | x |
| 2003-12-31 | ฿0.82 | ฿4.88 | x |
| 2004-12-31 | ฿0.76 | ฿4.88 | x |
| 2005-12-31 | ฿0.79 | ฿4.88 | x |
| 2006-12-31 | ฿0.95 | ฿4.88 | x |
| 2007-12-31 | ฿1.00 | ฿4.88 | x |
| 2008-12-31 | ฿1.07 | ฿4.88 | x |
| 2009-12-31 | ฿1.24 | ฿4.88 | x |
| 2010-12-31 | ฿1.41 | ฿4.88 | x |
| 2011-12-31 | ฿1.51 | ฿4.88 | x |
| 2012-12-31 | ฿4.26 | ฿4.88 | x |
| 2013-12-31 | ฿6.56 | ฿4.88 | x |
| 2014-12-31 | ฿2.59 | ฿4.88 | x |
| 2015-12-31 | ฿2.83 | ฿4.88 | x |
| 2016-12-31 | ฿2.79 | ฿4.88 | x |
| 2017-12-31 | ฿2.78 | ฿4.88 | x |
| 2018-12-31 | ฿2.67 | ฿4.88 | x |
| 2019-12-31 | ฿2.80 | ฿4.88 | x |
| 2020-12-31 | ฿2.84 | ฿4.88 | x |
| 2021-12-31 | ฿0.59 | ฿4.88 | x |
| 2022-12-31 | ฿2.67 | ฿4.88 | x |
| 2023-12-31 | ฿2.72 | ฿4.88 | x |
| 2024-12-31 | ฿2.79 | ฿4.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Information Technology 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): 13.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.04%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.59x
- Recent ROE (13.37%) is below the historical average (19.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 32.47% | 8.20% | 1.98x | 2.00x | ฿63.43 Million |
| 2003 | 20.13% | 6.81% | 1.30x | 2.27x | ฿58.98 Million |
| 2004 | 12.35% | 7.39% | 0.80x | 2.08x | ฿14.31 Million |
| 2005 | 10.74% | 5.02% | 0.95x | 2.25x | ฿4.70 Million |
| 2006 | 25.78% | 8.65% | 1.44x | 2.07x | ฿120.69 Million |
| 2007 | 11.56% | 5.70% | 1.29x | 1.57x | ฿12.66 Million |
| 2008 | 24.03% | 6.29% | 1.96x | 1.95x | ฿122.12 Million |
| 2009 | 30.28% | 8.00% | 1.99x | 1.90x | ฿207.76 Million |
| 2010 | 30.81% | 8.48% | 1.91x | 1.90x | ฿262.31 Million |
| 2011 | 31.72% | 9.14% | 1.76x | 1.98x | ฿300.53 Million |
| 2012 | 25.41% | 8.88% | 1.13x | 2.54x | ฿222.94 Million |
| 2013 | 23.61% | 9.42% | 1.30x | 1.93x | ฿327.24 Million |
| 2014 | 24.66% | 10.06% | 1.57x | 1.56x | ฿391.53 Million |
| 2015 | 18.60% | 10.33% | 1.10x | 1.63x | ฿246.27 Million |
| 2016 | 14.89% | 9.85% | 0.97x | 1.56x | ฿140.99 Million |
| 2017 | 15.01% | 8.06% | 1.06x | 1.75x | ฿143.98 Million |
| 2018 | 8.63% | 5.66% | 0.98x | 1.56x | ฿-37.63 Million |
| 2019 | 13.59% | 5.58% | 1.23x | 1.99x | ฿103.51 Million |
| 2020 | 13.48% | 5.92% | 1.04x | 2.20x | ฿101.75 Million |
| 2021 | 17.22% | 7.59% | 1.21x | 1.88x | ฿221.00 Million |
| 2022 | 14.49% | 8.27% | 1.03x | 1.70x | ฿167.87 Million |
| 2023 | 12.43% | 7.83% | 0.98x | 1.62x | ฿98.34 Million |
| 2024 | 13.37% | 8.04% | 1.05x | 1.59x | ฿144.15 Million |
Industry Comparison
This section compares Advanced Information Technology Public Company Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $728,309,753
- Average return on equity (ROE) among peers: 16.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Information Technology Public Company Limited (AIT) | ฿3.88 Billion | 32.47% | 0.67x | $109.65 Million |
| Beryl 8 Plus Public Company Limited (BE8) | $78.06 Million | 30.29% | 2.57x | $10.83 Million |
| Ditto (Thailand) Public Company Limited (DITTO) | $261.38 Million | 21.53% | 1.58x | $133.67 Million |
| DITTO (THAILAND) (DITTO-R) | $2.46 Billion | 13.61% | 0.36x | $174.47 Million |
| G-Able PCL (GABLE) | $2.01 Billion | 8.27% | 1.09x | $21.78 Million |
| I2 Enterprise Public Company Limited (I2) | $250.43 Million | 17.96% | 2.26x | $1.98 Million |
| I&I Group Public Company Limited (IIG) | $-21.04 Million | 0.00% | 0.00x | $3.22 Million |
| Infraset Public Company Limited (INSET) | $839.14 Million | 16.15% | 0.59x | $38.30 Million |
| International Research Corporation Public Company Limited (IRCP) | $489.44 Million | 27.29% | 1.68x | $3.46 Million |
| International Network System PCL (ITNS) | $188.33 Million | 17.30% | 0.40x | $3.47 Million |