Aqua Corporation Public Company Limited
Aqua Corporation Public Company Limited provides real estate and warehouse rental services in Thailand. It operates through Investment in Other Companies; Property for Rent and Service; Transports; and Restaurant Business segments. The company also engages in the restaurant business; and provision of transportation services. In addition, it invests in other companies and the restaurant business. … Read more
Aqua Corporation Public Company Limited (AQUA) - Net Assets
Latest net assets as of September 2025: ฿5.87 Billion THB
Based on the latest financial reports, Aqua Corporation Public Company Limited (AQUA) has net assets worth ฿5.87 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 (฿9.27 Billion) and total liabilities (฿3.40 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 | ฿5.87 Billion |
| % of Total Assets | 63.34% |
| Annual Growth Rate | 13.64% |
| 5-Year Change | 12.13% |
| 10-Year Change | 48.21% |
| Growth Volatility | 52.11 |
Aqua Corporation Public Company Limited - Net Assets Trend (2003–2024)
This chart illustrates how Aqua 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 Aqua Corporation Public Company Limited (2003–2024)
The table below shows the annual net assets of Aqua Corporation Public Company Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿5.02 Billion | -17.31% |
| 2023-12-31 | ฿6.07 Billion | +2.24% |
| 2022-12-31 | ฿5.94 Billion | +13.39% |
| 2021-12-31 | ฿5.24 Billion | +16.96% |
| 2020-12-31 | ฿4.48 Billion | -2.42% |
| 2019-12-31 | ฿4.59 Billion | +13.04% |
| 2018-12-31 | ฿4.06 Billion | +7.87% |
| 2017-12-31 | ฿3.76 Billion | +15.10% |
| 2016-12-31 | ฿3.27 Billion | -3.49% |
| 2015-12-31 | ฿3.39 Billion | -2.40% |
| 2014-12-31 | ฿3.47 Billion | +160.19% |
| 2013-12-31 | ฿1.33 Billion | +57.63% |
| 2012-12-31 | ฿846.18 Million | -6.28% |
| 2011-12-31 | ฿902.89 Million | +12.20% |
| 2010-12-31 | ฿804.73 Million | +5.23% |
| 2009-12-31 | ฿764.76 Million | +12.45% |
| 2008-12-31 | ฿680.10 Million | -0.51% |
| 2007-12-31 | ฿683.55 Million | +15.89% |
| 2006-12-31 | ฿589.83 Million | -28.73% |
| 2005-12-31 | ฿827.57 Million | -15.33% |
| 2004-12-31 | ฿977.47 Million | +185.37% |
| 2003-12-31 | ฿342.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aqua 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 grown by 160876672800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.61 Billion | 32.84% |
| Common Stock | ฿2.86 Billion | 58.30% |
| Other Comprehensive Income | ฿55.48 Million | 1.13% |
| Other Components | ฿378.80 Million | 7.73% |
| Total Equity | ฿4.90 Billion | 100.00% |
Aqua Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Aqua Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HANHUA FNCL HLDG CO.H YC1
F:5HF
|
$10.21 Million |
|
Santa Fe Minerals Ltd
AU:SFM
|
$10.22 Million |
|
Agillic A/S
CO:AGILC
|
$10.22 Million |
|
Dunia Virtual Online Tbk Pt
JK:AREA
|
$10.22 Million |
|
Andromeda Metals Limited
PINK:ANDMF
|
$10.20 Million |
|
EnBio Co. Ltd.
KQ:352940
|
$10.20 Million |
|
AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust
BK:AIMCG
|
$10.20 Million |
|
Mason Capital Corporation
KQ:021880
|
$10.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aqua Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,884,831,534 to 4,899,280,706, a change of -985,550,828 (-16.7%).
- Net loss of 988,153,491 reduced equity.
- Dividend payments of 1,530 reduced retained earnings.
- Other comprehensive income decreased equity by 20,273,518.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-988.15 Million | -20.17% |
| Dividends Paid | ฿1.53K | -0.0% |
| Other Comprehensive Income | ฿-20.27 Million | -0.41% |
| Other Changes | ฿22.88 Million | +0.47% |
| Total Change | ฿- | -16.75% |
Book Value vs Market Value Analysis
This analysis compares Aqua 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: 0.16x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿0.71 | ฿0.14 | x |
| 2005-12-31 | ฿0.51 | ฿0.14 | x |
| 2006-12-31 | ฿0.36 | ฿0.14 | x |
| 2007-12-31 | ฿0.36 | ฿0.14 | x |
| 2008-12-31 | ฿0.22 | ฿0.14 | x |
| 2009-12-31 | ฿0.25 | ฿0.14 | x |
| 2010-12-31 | ฿0.28 | ฿0.14 | x |
| 2011-12-31 | ฿0.56 | ฿0.14 | x |
| 2012-12-31 | ฿0.46 | ฿0.14 | x |
| 2013-12-31 | ฿0.66 | ฿0.14 | x |
| 2014-12-31 | ฿0.80 | ฿0.14 | x |
| 2015-12-31 | ฿0.68 | ฿0.14 | x |
| 2016-12-31 | ฿0.69 | ฿0.14 | x |
| 2017-12-31 | ฿0.80 | ฿0.14 | x |
| 2018-12-31 | ฿0.86 | ฿0.14 | x |
| 2019-12-31 | ฿0.98 | ฿0.14 | x |
| 2020-12-31 | ฿0.95 | ฿0.14 | x |
| 2021-12-31 | ฿1.08 | ฿0.14 | x |
| 2022-12-31 | ฿0.97 | ฿0.14 | x |
| 2023-12-31 | ฿1.03 | ฿0.14 | x |
| 2024-12-31 | ฿0.86 | ฿0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aqua 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): -20.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -109.34%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.59x
- Recent ROE (-20.17%) is below the historical average (2.03%), 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 | 31.57% | 12.03% | 0.89x | 2.96x | ฿73.32 Million |
| 2004 | 17.74% | 11.16% | 1.06x | 1.50x | ฿75.68 Million |
| 2005 | -14.57% | -12.24% | 0.84x | 1.42x | ฿-203.32 Million |
| 2006 | -40.31% | -68.42% | 0.49x | 1.19x | ฿-296.73 Million |
| 2007 | -16.06% | -46.32% | 0.30x | 1.17x | ฿-178.17 Million |
| 2008 | -2.89% | -4.71% | 0.37x | 1.67x | ฿-59.49 Million |
| 2009 | -7.09% | -9.38% | 0.47x | 1.59x | ฿-93.01 Million |
| 2010 | -7.35% | -8.11% | 0.56x | 1.61x | ฿-99.42 Million |
| 2011 | 0.61% | 1.62% | 0.33x | 1.16x | ฿-84.33 Million |
| 2012 | 3.71% | 7.95% | 0.38x | 1.24x | ฿-52.93 Million |
| 2013 | 23.78% | 72.58% | 0.26x | 1.26x | ฿168.70 Million |
| 2014 | 9.22% | 70.05% | 0.10x | 1.32x | ฿-23.88 Million |
| 2015 | 8.85% | 50.73% | 0.10x | 1.75x | ฿-36.92 Million |
| 2016 | 7.34% | 39.87% | 0.11x | 1.69x | ฿-85.78 Million |
| 2017 | 13.18% | 53.72% | 0.14x | 1.81x | ฿117.52 Million |
| 2018 | 9.80% | 36.61% | 0.16x | 1.72x | ฿-8.05 Million |
| 2019 | 12.38% | 48.82% | 0.15x | 1.72x | ฿107.53 Million |
| 2020 | 4.15% | 20.36% | 0.11x | 1.88x | ฿-257.62 Million |
| 2021 | 3.06% | 19.56% | 0.09x | 1.78x | ฿-357.88 Million |
| 2022 | 7.17% | 125.85% | 0.04x | 1.51x | ฿-159.58 Million |
| 2023 | 0.54% | 4.97% | 0.07x | 1.53x | ฿-556.47 Million |
| 2024 | -20.17% | -109.34% | 0.12x | 1.59x | ฿-1.48 Billion |
Industry Comparison
This section compares Aqua Corporation Public Company Limited's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,794,681,472
- Average return on equity (ROE) among peers: 21.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aqua Corporation Public Company Limited (AQUA) | ฿5.87 Billion | 31.57% | 0.58x | $10.21 Million |
| AddTech Hub Public Company Limited (ADD) | $25.41 Million | 103.83% | 1.76x | $7.07 Million |
| CMO Public Company Limited (CMO) | $500.06 Million | 10.58% | 1.31x | $4.46 Million |
| Far East Fame Line DDB Public Company Limited (FE) | $1.42 Billion | 5.35% | 0.25x | $9.47 Million |
| Grand Prix International Public Company Limited (GPI) | $783.43 Million | 16.79% | 0.28x | $11.33 Million |
| LTMH Public Company Limited (LTMH) | $80.09 Million | 38.93% | 0.63x | $1.27K |
| MCA_MARKET CONNECTIONS ASIA (MCA) | $85.03 Million | 3.22% | 0.63x | $2.32 Million |
| M Vision Public Company Limited (MVP) | $229.29 Million | 2.43% | 0.76x | $747.17K |
| Pico (Thailand) Public Company Limited (PICO) | $437.36 Million | 4.50% | 0.95x | $5.95 Million |
| Plan B Media PCL (PLANB) | $12.59 Billion | 8.78% | 0.55x | $245.64 Million |