ASSET WORLD CORP PCL-NVDR
Asset World Corp Public Company Limited invests in, develops, and manages real estate properties in Thailand. It operates through two segments: Hotel and Related Services, and Rental and Rendering of Commercial Building Services. The company owns and develops hotel; lifestyle destinations, community shopping malls, and community markets; and mixed-use properties. It also operates digital commerce… Read more
ASSET WORLD CORP PCL-NVDR (AWC-R) - Net Assets
Latest net assets as of September 2024: ฿89.67 Billion THB
Based on the latest financial reports, ASSET WORLD CORP PCL-NVDR (AWC-R) has net assets worth ฿89.67 Billion THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿181.82 Billion) and total liabilities (฿92.15 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 | ฿89.67 Billion |
| % of Total Assets | 49.32% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | 15.61% |
| 10-Year Change | N/A |
| Growth Volatility | 99.72 |
ASSET WORLD CORP PCL-NVDR - Net Assets Trend (2016–2023)
This chart illustrates how ASSET WORLD CORP PCL-NVDR's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ASSET WORLD CORP PCL-NVDR (2016–2023)
The table below shows the annual net assets of ASSET WORLD CORP PCL-NVDR from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿87.48 Billion | +5.57% |
| 2022-12-31 | ฿82.86 Billion | +4.61% |
| 2021-12-31 | ฿79.21 Billion | +11.27% |
| 2020-12-31 | ฿71.19 Billion | -5.92% |
| 2019-12-31 | ฿75.66 Billion | +202.58% |
| 2018-12-31 | ฿25.01 Billion | +186.32% |
| 2017-12-31 | ฿8.73 Billion | -88.75% |
| 2016-12-31 | ฿77.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASSET WORLD CORP PCL-NVDR'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 4393.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿14.44 Billion | 16.50% |
| Common Stock | ฿32.00 Billion | 36.58% |
| Other Comprehensive Income | ฿7.83 Billion | 8.95% |
| Other Components | ฿33.21 Billion | 37.96% |
| Total Equity | ฿87.48 Billion | 100.00% |
ASSET WORLD CORP PCL-NVDR Competitors by Market Cap
The table below lists competitors of ASSET WORLD CORP PCL-NVDR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northfield Bancorp Inc
NASDAQ:NFBK
|
$523.97 Million |
|
Resolute Holdings Management, Inc.
NYSE:RHLD
|
$524.16 Million |
|
Green Dot Corporation
NYSE:GDOT
|
$524.22 Million |
|
Beijing SL Pharmaceutical Co Ltd
SHE:002038
|
$524.29 Million |
|
VIRDY
PINK:VIRDY
|
$523.80 Million |
|
Jiangsu Maixinlin Aviation Science & Technology Corp. A
SHG:688685
|
$523.76 Million |
|
Shanghai Daimay Auto Interior
SHG:603730
|
$523.68 Million |
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
$523.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASSET WORLD CORP PCL-NVDR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 82,859,508,086 to 87,476,040,585, a change of 4,616,532,499 (5.6%).
- Net income of 5,037,860,397 contributed positively to equity growth.
- Dividend payments of 1,024,032,962 reduced retained earnings.
- Share repurchases of 131,325,955 reduced equity.
- Other comprehensive income increased equity by 424,422,519.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿5.04 Billion | +5.76% |
| Dividends Paid | ฿1.02 Billion | -1.17% |
| Share Repurchases | ฿131.33 Million | -0.15% |
| Other Comprehensive Income | ฿424.42 Million | +0.49% |
| Other Changes | ฿309.61 Million | +0.35% |
| Total Change | ฿- | 5.57% |
Book Value vs Market Value Analysis
This analysis compares ASSET WORLD CORP PCL-NVDR'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: 0.87x
- 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.
- The price-to-book ratio has decreased from 1.85x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ฿1.29 | ฿2.38 | x |
| 2017-12-31 | ฿0.25 | ฿2.38 | x |
| 2018-12-31 | ฿0.78 | ฿2.38 | x |
| 2019-12-31 | ฿2.94 | ฿2.38 | x |
| 2020-12-31 | ฿2.22 | ฿2.38 | x |
| 2021-12-31 | ฿2.48 | ฿2.38 | x |
| 2022-12-31 | ฿2.59 | ฿2.38 | x |
| 2023-12-31 | ฿2.73 | ฿2.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASSET WORLD CORP PCL-NVDR 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): 5.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.02%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.97x
- Recent ROE (5.76%) is above the historical average (2.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.58% | 16.38% | 0.10x | 2.13x | ฿-2.65 Billion |
| 2017 | 0.71% | 0.53% | 0.08x | 16.93x | ฿-730.30 Million |
| 2018 | 1.88% | 4.07% | 0.12x | 3.72x | ฿-2.03 Billion |
| 2019 | 1.39% | 9.24% | 0.10x | 1.44x | ฿-6.51 Billion |
| 2020 | -2.64% | -31.30% | 0.05x | 1.75x | ฿-9.00 Billion |
| 2021 | 1.09% | 20.00% | 0.03x | 1.75x | ฿-7.06 Billion |
| 2022 | 4.65% | 40.43% | 0.06x | 1.89x | ฿-4.43 Billion |
| 2023 | 5.76% | 36.02% | 0.08x | 1.97x | ฿-3.71 Billion |
Industry Comparison
This section compares ASSET WORLD CORP PCL-NVDR's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $12,553,470,367
- Average return on equity (ROE) among peers: 1.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASSET WORLD CORP PCL-NVDR (AWC-R) | ฿89.67 Billion | 3.58% | 1.03x | $523.94 Million |
| Asia Hotel Public Company Limited (ASIA) | $6.07 Billion | -3.47% | 0.73x | $14.59 Million |
| Asset World Corp Public Company Limited (AWC) | $79.21 Billion | 1.09% | 0.75x | $453.74 Million |
| Bound and Beyond PCL (BEYOND) | $3.87 Billion | -14.77% | 0.58x | $34.99 Million |
| Dusit Thani Public Company Limited (DUSIT) | $4.82 Billion | 1.87% | 0.79x | $79.16 Million |
| The Erawan Group Public Company Limited (ERW) | $4.00 Billion | 8.48% | 1.13x | $161.27 Million |
| Grande Asset Hotels and Property Public Company Limited (GRAND) | $2.29 Billion | -6.80% | 2.41x | $2.69 Million |
| Laguna Resorts & Hotels Public Company Limited (LRH) | $11.40 Billion | 0.98% | 0.58x | $16.35 Million |
| Mandarin Hotel Public Company Limited (MANRIN) | $390.22 Million | -12.52% | 1.14x | $3.09 Million |
| OHTL Public Company Limited (OHTL) | $933.68 Million | 36.27% | 0.87x | $19.48 Million |