Asphere Innovations Public Company Limited
Asphere Innovations Public Company Limited, together with its subsidiaries, provides online game services in Thailand, Singapore, Malaysia, Vietnam, and internationally. The company operates through two segments, Publishing Online Game and Distribution. The company offers games for PC and mobile platforms, including MMORPG, casual, SRPG, FPS, and MOBA under the PlayPark brand name. It also develo… Read more
Asphere Innovations Public Company Limited (AS) - Net Assets
Latest net assets as of September 2025: ฿1.32 Billion THB
Based on the latest financial reports, Asphere Innovations Public Company Limited (AS) has net assets worth ฿1.32 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 (฿1.76 Billion) and total liabilities (฿438.81 Million). 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 | ฿1.32 Billion |
| % of Total Assets | 75.06% |
| Annual Growth Rate | 7.86% |
| 5-Year Change | 157.72% |
| 10-Year Change | 479.92% |
| Growth Volatility | 79.26 |
Asphere Innovations Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how Asphere Innovations 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 Asphere Innovations Public Company Limited (2006–2024)
The table below shows the annual net assets of Asphere Innovations Public Company Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.27 Billion | +34.64% |
| 2023-12-31 | ฿943.21 Million | -7.60% |
| 2022-12-31 | ฿1.02 Billion | +18.97% |
| 2021-12-31 | ฿858.02 Million | +74.13% |
| 2020-12-31 | ฿492.74 Million | +247.66% |
| 2019-12-31 | ฿141.73 Million | -2.56% |
| 2018-12-31 | ฿145.46 Million | +18.61% |
| 2017-12-31 | ฿122.64 Million | +7.62% |
| 2016-12-31 | ฿113.96 Million | -47.96% |
| 2015-12-31 | ฿218.98 Million | -71.17% |
| 2014-12-31 | ฿759.44 Million | -37.65% |
| 2013-12-31 | ฿1.22 Billion | -11.57% |
| 2012-12-31 | ฿1.38 Billion | +4.46% |
| 2011-12-31 | ฿1.32 Billion | +3.60% |
| 2010-12-31 | ฿1.27 Billion | +2.65% |
| 2009-12-31 | ฿1.24 Billion | -1.67% |
| 2008-12-31 | ฿1.26 Billion | +217.05% |
| 2007-12-31 | ฿397.70 Million | +22.20% |
| 2006-12-31 | ฿325.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asphere Innovations 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 491.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿585.49 Million | 46.00% |
| Common Stock | ฿249.62 Million | 19.61% |
| Other Comprehensive Income | ฿33.15 Million | 2.60% |
| Other Components | ฿404.58 Million | 31.79% |
| Total Equity | ฿1.27 Billion | 100.00% |
Asphere Innovations Public Company Limited Competitors by Market Cap
The table below lists competitors of Asphere Innovations Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NextNRG Inc.
NASDAQ:NXXT
|
$15.66 Million |
|
Enimmune corporation
TWO:6564
|
$15.66 Million |
|
Malaysia Airport Holdings Bhd
KLSE:5014
|
$15.67 Million |
|
Mentice AB
ST:MNTC
|
$15.67 Million |
|
VPower Group International Holdings Limited
F:2V3
|
$15.64 Million |
|
SAI.TECH Global Corporation
NASDAQ:SAI
|
$15.64 Million |
|
Destination XL Group Inc
NASDAQ:DXLG
|
$15.63 Million |
|
South West Pinnacle Exploration Limited
NSE:SOUTHWEST
|
$15.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asphere Innovations Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 939,448,824 to 1,272,845,282, a change of 333,396,458 (35.5%).
- Net income of 189,348,730 contributed positively to equity growth.
- Dividend payments of 842 reduced retained earnings.
- Share repurchases of 93,624,726 reduced equity.
- Other comprehensive income increased equity by 7,500,000.
- Other factors increased equity by 230,173,296.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿189.35 Million | +14.88% |
| Dividends Paid | ฿842.00 | -0.0% |
| Share Repurchases | ฿93.62 Million | -7.36% |
| Other Comprehensive Income | ฿7.50 Million | +0.59% |
| Other Changes | ฿230.17 Million | +18.08% |
| Total Change | ฿- | 35.49% |
Book Value vs Market Value Analysis
This analysis compares Asphere Innovations 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: 1.10x
- 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 1.57x to 1.10x 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 | ฿1.79 | ฿2.80 | x |
| 2007-12-31 | ฿1.62 | ฿2.80 | x |
| 2008-12-31 | ฿4.17 | ฿2.80 | x |
| 2009-12-31 | ฿3.71 | ฿2.80 | x |
| 2010-12-31 | ฿3.81 | ฿2.80 | x |
| 2011-12-31 | ฿3.94 | ฿2.80 | x |
| 2012-12-31 | ฿3.89 | ฿2.80 | x |
| 2013-12-31 | ฿3.34 | ฿2.80 | x |
| 2014-12-31 | ฿2.17 | ฿2.80 | x |
| 2015-12-31 | ฿0.63 | ฿2.80 | x |
| 2016-12-31 | ฿0.36 | ฿2.80 | x |
| 2017-12-31 | ฿0.32 | ฿2.80 | x |
| 2018-12-31 | ฿0.31 | ฿2.80 | x |
| 2019-12-31 | ฿0.31 | ฿2.80 | x |
| 2020-12-31 | ฿1.07 | ฿2.80 | x |
| 2021-12-31 | ฿1.73 | ฿2.80 | x |
| 2022-12-31 | ฿2.04 | ฿2.80 | x |
| 2023-12-31 | ฿1.85 | ฿2.80 | x |
| 2024-12-31 | ฿2.55 | ฿2.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asphere Innovations 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): 14.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.90%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.34x
- Recent ROE (14.88%) is above the historical average (-1.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 38.81% | 11.89% | 1.65x | 1.98x | ฿93.35 Million |
| 2007 | 63.78% | 16.27% | 1.81x | 2.17x | ฿213.87 Million |
| 2008 | 14.68% | 11.66% | 0.93x | 1.36x | ฿59.04 Million |
| 2009 | 14.40% | 11.93% | 0.88x | 1.37x | ฿54.50 Million |
| 2010 | 20.78% | 17.49% | 0.85x | 1.39x | ฿137.21 Million |
| 2011 | 22.53% | 18.10% | 0.88x | 1.42x | ฿164.87 Million |
| 2012 | 23.39% | 15.41% | 0.99x | 1.53x | ฿173.99 Million |
| 2013 | 4.66% | 3.08% | 0.97x | 1.56x | ฿-59.46 Million |
| 2014 | -53.89% | -31.69% | 0.95x | 1.78x | ฿-463.17 Million |
| 2015 | -212.12% | -55.22% | 1.08x | 3.55x | ฿-497.55 Million |
| 2016 | -192.95% | -25.16% | 1.48x | 5.18x | ฿-227.91 Million |
| 2017 | 9.74% | 1.51% | 2.04x | 3.15x | ฿-339.99K |
| 2018 | 11.19% | 2.33% | 1.85x | 2.60x | ฿1.49 Million |
| 2019 | 2.08% | 0.35% | 1.88x | 3.21x | ฿-10.03 Million |
| 2020 | 69.25% | 22.98% | 1.64x | 1.83x | ฿262.70 Million |
| 2021 | 60.30% | 25.74% | 1.40x | 1.67x | ฿399.75 Million |
| 2022 | 27.88% | 17.04% | 1.13x | 1.44x | ฿172.24 Million |
| 2023 | 23.24% | 15.07% | 0.86x | 1.79x | ฿124.39 Million |
| 2024 | 14.88% | 16.90% | 0.65x | 1.34x | ฿62.06 Million |
Industry Comparison
This section compares Asphere Innovations Public Company Limited's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
No peer company data available for comparison.