Bualuang Office Leasehold REIT
Bualuang Office Leasehold REIT operates in various business sectors.
Bualuang Office Leasehold REIT (B-WORK) - Net Assets
Latest net assets as of September 2024: ฿3.34 Billion THB
Based on the latest financial reports, Bualuang Office Leasehold REIT (B-WORK) has net assets worth ฿3.34 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 (฿4.33 Billion) and total liabilities (฿991.30 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 | ฿3.34 Billion |
| % of Total Assets | 77.11% |
| Annual Growth Rate | -0.2% |
| 5-Year Change | -0.97% |
| 10-Year Change | N/A |
| Growth Volatility | 5.25 |
Bualuang Office Leasehold REIT - Net Assets Trend (2018–2023)
This chart illustrates how Bualuang Office Leasehold REIT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bualuang Office Leasehold REIT (2018–2023)
The table below shows the annual net assets of Bualuang Office Leasehold REIT from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿3.67 Billion | -10.14% |
| 2022-12-31 | ฿4.08 Billion | +3.83% |
| 2021-12-31 | ฿3.93 Billion | +2.06% |
| 2020-12-31 | ฿3.85 Billion | +4.00% |
| 2019-12-31 | ฿3.70 Billion | -0.04% |
| 2018-12-31 | ฿3.70 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bualuang Office Leasehold REIT'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 1.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿83.89 Million | 2.29% |
| Common Stock | ฿3.58 Billion | 97.71% |
| Total Equity | ฿3.67 Billion | 100.00% |
Bualuang Office Leasehold REIT Competitors by Market Cap
The table below lists competitors of Bualuang Office Leasehold REIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIOALLIANCE PHARMA
MU:C4X
|
$1.39K |
|
MCB INDIA SOVEREIGN BOND (FIXED INCOME)-(USD)
SEM:MISB
|
$1.39K |
|
A Capital Holding
EGX:ACAP
|
$1.39K |
|
Wayland Group Corp
PINK:MRRCF
|
$1.40K |
|
GOLDPLAT (G7N.SG)
STU:G7N
|
$1.39K |
|
Feroze1888 Mills Ltd
KAR:FML
|
$1.39K |
|
HZLID
OTCQB:HZLID
|
$1.39K |
|
CARTIER RES
BE:6CA
|
$1.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bualuang Office Leasehold REIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,078,933,054 to 3,665,196,393, a change of -413,736,661 (-10.1%).
- Net loss of 148,490,115 reduced equity.
- Dividend payments of 226,522,546 reduced retained earnings.
- Share repurchases of 38,724,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-148.49 Million | -4.05% |
| Dividends Paid | ฿226.52 Million | -6.18% |
| Share Repurchases | ฿38.72 Million | -1.06% |
| Total Change | ฿- | -10.14% |
Book Value vs Market Value Analysis
This analysis compares Bualuang Office Leasehold REIT'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: 0.54x
- 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 |
|---|---|---|---|
| 2018-12-31 | ฿10.04 | ฿5.35 | x |
| 2019-12-31 | ฿10.04 | ฿5.35 | x |
| 2020-12-31 | ฿10.44 | ฿5.35 | x |
| 2021-12-31 | ฿10.65 | ฿5.35 | x |
| 2022-12-31 | ฿11.06 | ฿5.35 | x |
| 2023-12-31 | ฿9.94 | ฿5.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bualuang Office Leasehold REIT 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): -4.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -24.44%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.28x
- Recent ROE (-4.05%) is below the historical average (6.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.26% | 39.06% | 0.10x | 1.31x | ฿-175.61 Million |
| 2019 | 5.82% | 37.79% | 0.12x | 1.32x | ฿-154.72 Million |
| 2020 | 11.28% | 76.76% | 0.11x | 1.30x | ฿49.08 Million |
| 2021 | 9.36% | 64.57% | 0.11x | 1.29x | ฿-25.02 Million |
| 2022 | 10.22% | 70.16% | 0.11x | 1.27x | ฿8.94 Million |
| 2023 | -4.05% | -24.44% | 0.13x | 1.28x | ฿-515.01 Million |
Industry Comparison
This section compares Bualuang Office Leasehold REIT's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.