AKS Corporation Public Company Limited
AKS Corporation Public Company Limited, together with its subsidiaries, develops and sells properties in Thailand. The company operates in four segments: Property Development Low Rise, Property Development High Rise, Services, Business loans, and Other. It primarily develops single house, condominium, and hospitality projects. The company also provides recreational and sale management services, a… Read more
AKS Corporation Public Company Limited (AKS) - Net Assets
Latest net assets as of September 2025: ฿-207.26 Million THB
Based on the latest financial reports, AKS Corporation Public Company Limited (AKS) has net assets worth ฿-207.26 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.21 Billion) and total liabilities (฿4.41 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 | ฿-207.26 Million |
| % of Total Assets | -4.93% |
| Annual Growth Rate | -56.77% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 41.16 |
AKS Corporation Public Company Limited - Net Assets Trend (2020–2024)
This chart illustrates how AKS Corporation 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 AKS Corporation Public Company Limited (2020–2024)
The table below shows the annual net assets of AKS Corporation Public Company Limited from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿107.85 Million | -95.95% |
| 2023-12-31 | ฿2.66 Billion | -8.72% |
| 2022-12-31 | ฿2.92 Billion | +12.59% |
| 2021-12-31 | ฿2.59 Billion | -16.04% |
| 2020-12-31 | ฿3.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AKS Corporation 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 317304000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿10.20 Billion | 9459.37% |
| Total Equity | ฿107.85 Million | 100.00% |
AKS Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of AKS Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arcadia Biosciences Inc
NASDAQ:RKDA
|
$2.35 Million |
|
ARHT Media Inc
OTCQB:ARHTF
|
$2.35 Million |
|
HIKARI TSUSHIN
MU:HIK
|
$2.35 Million |
|
Wästbygg Gruppen AB (publ)
ST:WBGR-B
|
$2.35 Million |
|
XP Chemistries AB
ST:XPC
|
$2.35 Million |
|
Nl Development Public Company Limited
BK:NL
|
$2.35 Million |
|
NEVADA SUNRISE METALS
F:K4L
|
$2.35 Million |
|
Element79 Gold Corp
OTCQB:ELMGF
|
$2.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AKS Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,664,332,000 to 107,849,000, a change of -2,556,483,000 (-96.0%).
- Net loss of 2,658,352,000 reduced equity.
- Other factors increased equity by 101,869,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-2.66 Billion | -2464.88% |
| Other Changes | ฿101.87 Million | +94.46% |
| Total Change | ฿- | -95.95% |
Book Value vs Market Value Analysis
This analysis compares AKS Corporation 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 increased from 0.87x to 1.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ฿0.03 | ฿0.03 | x |
| 2021-12-31 | ฿0.03 | ฿0.03 | x |
| 2022-12-31 | ฿0.03 | ฿0.03 | x |
| 2023-12-31 | ฿0.03 | ฿0.03 | x |
| 2024-12-31 | ฿0.03 | ฿0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AKS Corporation 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): -2464.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -564.61%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 40.88x
- Recent ROE (-2464.88%) is below the historical average (-500.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -12.69% | -74.52% | 0.08x | 2.17x | ฿-700.51 Million |
| 2021 | -19.10% | -47.82% | 0.17x | 2.30x | ฿-754.35 Million |
| 2022 | 4.40% | 21.13% | 0.10x | 2.17x | ฿-163.47 Million |
| 2023 | -9.16% | -30.05% | 0.12x | 2.55x | ฿-510.42 Million |
| 2024 | -2464.88% | -564.61% | 0.11x | 40.88x | ฿-2.67 Billion |
Industry Comparison
This section compares AKS Corporation Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,100,809,552
- Average return on equity (ROE) among peers: 9.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AKS Corporation Public Company Limited (AKS) | ฿-207.26 Million | -12.69% | N/A | $2.35 Million |
| Areeya Property Public Company Limited (A) | $3.11 Billion | -11.12% | 3.14x | $24.02 Million |
| Asset Five Group PCL (A5) | $1.40 Billion | 36.13% | 1.44x | $20.21 Million |
| Alpha Divisions PCL (ALPHAX) | $187.30 Million | 8.66% | 0.63x | $54.26 Million |
| Amata Corporation Public Company Limited (AMATA-R) | $14.97 Billion | 9.41% | 0.96x | $384.26 Million |
| Ananda Development Public Company Limited (ANAN) | $4.92 Billion | -5.84% | 0.90x | $18.46 Million |
| AP (Thailand) Public Company Limited (AP-R) | $24.38 Billion | 15.86% | 1.02x | $605.57 Million |
| Arinsiri Land Public Company Limited (ARIN) | $9.74 Million | -2.64% | 28.78x | $5.22 Million |
| Bless Asset Group PCL (BLESS) | $582.78 Million | 10.14% | 1.76x | $1.59 Million |
| Britania PCL (BRI) | $5.35 Billion | 22.34% | 2.72x | $8.35 Million |