AXTRART_AXTRA FUTURE CITY
Axtra Future City Freehold And Leasehold Real Estate Investment Trust specializes in investments in freehold and leasehold of 17 shopping malls anchored by a Tesco Lotus hypermarket. Axtra Future City Freehold And Leasehold Real Estate Investment Trust is headquartered in Bangkok, Thailand.
AXTRART_AXTRA FUTURE CITY (AXTRART) - Net Assets
Latest net assets as of November 2025: ฿29.43 Billion THB
Based on the latest financial reports, AXTRART_AXTRA FUTURE CITY (AXTRART) has net assets worth ฿29.43 Billion THB as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿33.00 Billion) and total liabilities (฿3.58 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 | ฿29.43 Billion |
| % of Total Assets | 89.16% |
| Annual Growth Rate | -0.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.62 |
AXTRART_AXTRA FUTURE CITY - Net Assets Trend (2022–2026)
This chart illustrates how AXTRART_AXTRA FUTURE CITY's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AXTRART_AXTRA FUTURE CITY (2022–2026)
The table below shows the annual net assets of AXTRART_AXTRA FUTURE CITY from 2022 to 2026.
| Year | Net Assets | Change |
|---|---|---|
| 2026-02-28 | ฿29.43 Billion | +3.38% |
| 2025-02-28 | ฿28.46 Billion | -0.05% |
| 2024-02-29 | ฿28.48 Billion | +0.71% |
| 2023-02-28 | ฿28.27 Billion | -3.94% |
| 2022-02-28 | ฿29.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AXTRART_AXTRA FUTURE CITY'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 66.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (February 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.34 Billion | 4.55% |
| Other Components | ฿28.09 Billion | 95.45% |
| Total Equity | ฿29.43 Billion | 100.00% |
AXTRART_AXTRA FUTURE CITY Competitors by Market Cap
The table below lists competitors of AXTRART_AXTRA FUTURE CITY ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blend Labs Inc
NYSE:BLND
|
$333.30 Million |
|
Trilogy Metals Inc
NYSE MKT:TMQ
|
$333.43 Million |
|
ProSiebenSat.1 Media SE
PINK:PBSFF
|
$333.44 Million |
|
FORTERRA PLC LS -01
F:F0T
|
$333.60 Million |
|
Revance Therapeutics, Inc.
NASDAQ:RVNC
|
$333.19 Million |
|
Gempharmatech Co. Ltd. A
SHG:688046
|
$333.19 Million |
|
Alivus Life Sciences Limited
NSE:ALIVUS
|
$333.13 Million |
|
Amorepacific Group
KO:002795
|
$333.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AXTRART_AXTRA FUTURE CITY's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 28,463,041,792 to 29,425,475,193, a change of 962,433,401 (3.4%).
- Net income of 2,658,514,630 contributed positively to equity growth.
- Dividend payments of 1,696,081,229 reduced retained earnings.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿2.66 Billion | +9.03% |
| Dividends Paid | ฿1.70 Billion | -5.76% |
| Total Change | ฿- | 3.38% |
Book Value vs Market Value Analysis
This analysis compares AXTRART_AXTRA FUTURE CITY'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: 0.99x
- 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 |
|---|---|---|---|
| 2022-02-28 | ฿12.59 | ฿12.50 | x |
| 2023-02-28 | ฿12.10 | ฿12.50 | x |
| 2024-02-29 | ฿12.18 | ฿12.50 | x |
| 2025-02-28 | ฿12.18 | ฿12.50 | x |
| 2026-02-28 | ฿12.59 | ฿12.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AXTRART_AXTRA FUTURE CITY 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): 9.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 96.48%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.12x
- Recent ROE (9.03%) is above the historical average (6.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 4.85% | 61.74% | 0.07x | 1.13x | ฿-1.52 Billion |
| 2023 | 2.50% | 26.24% | 0.08x | 1.14x | ฿-2.12 Billion |
| 2024 | 7.83% | 78.42% | 0.09x | 1.14x | ฿-617.30 Million |
| 2026 | 9.03% | 96.48% | 0.08x | 1.12x | ฿-284.03 Million |
Industry Comparison
This section compares AXTRART_AXTRA FUTURE CITY's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $3,322,942,140
- Average return on equity (ROE) among peers: 10.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AXTRART_AXTRA FUTURE CITY (AXTRART) | ฿29.43 Billion | 4.85% | 0.12x | $333.28 Million |
| AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust (AIMCG) | $3.00 Billion | 5.71% | 0.11x | $10.20 Million |
| Ally Leasehold Real Estate Investment Trust (ALLY) | $4.26 Billion | 8.23% | 0.03x | $67.01 Million |
| Major Cineplex Lifestyle Leasehold Property Fund (MJLF) | $2.72 Billion | 17.21% | 0.02x | $14.64 Million |