Bank of Ayudhya PCL
Bank of Ayudhya Public Company Limited, together with its subsidiaries, provides commercial banking products and services to individuals, corporates, small and medium-sized businesses, and financial institutions. The company operates through Retail, Commercial, and Others segments. The Retail segment offers a range of banking and related financial services, including current and savings accounts,… Read more
Bank of Ayudhya PCL (BAY) - Net Assets
Latest net assets as of September 2025: ฿431.70 Billion THB
Based on the latest financial reports, Bank of Ayudhya PCL (BAY) has net assets worth ฿431.70 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 (฿2.59 Trillion) and total liabilities (฿2.16 Trillion). 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 | ฿431.70 Billion |
| % of Total Assets | 16.67% |
| Annual Growth Rate | 14.46% |
| 5-Year Change | -82.23% |
| 10-Year Change | 107.5% |
| Growth Volatility | 140.26 |
Bank of Ayudhya PCL - Net Assets Trend (2000–2024)
This chart illustrates how Bank of Ayudhya PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank of Ayudhya PCL (2000–2024)
The table below shows the annual net assets of Bank of Ayudhya PCL from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿395.81 Billion | +6.56% |
| 2023-12-31 | ฿371.45 Billion | +8.69% |
| 2022-12-31 | ฿341.76 Billion | -84.41% |
| 2021-12-31 | ฿2.19 Trillion | -1.57% |
| 2020-12-31 | ฿2.23 Trillion | +15.56% |
| 2019-12-31 | ฿1.93 Trillion | +690.63% |
| 2018-12-31 | ฿243.72 Billion | +7.85% |
| 2017-12-31 | ฿225.99 Billion | +8.25% |
| 2016-12-31 | ฿208.77 Billion | +9.45% |
| 2015-12-31 | ฿190.75 Billion | +44.87% |
| 2014-12-31 | ฿131.67 Billion | +8.24% |
| 2013-12-31 | ฿121.65 Billion | +7.19% |
| 2012-12-31 | ฿113.49 Billion | +10.51% |
| 2011-12-31 | ฿102.70 Billion | +3.62% |
| 2010-12-31 | ฿99.10 Billion | +7.04% |
| 2009-12-31 | ฿92.59 Billion | +8.46% |
| 2008-12-31 | ฿85.37 Billion | +9.35% |
| 2007-12-31 | ฿78.07 Billion | +65.59% |
| 2006-12-31 | ฿47.15 Billion | +16.82% |
| 2005-12-31 | ฿40.36 Billion | +21.77% |
| 2004-12-31 | ฿33.14 Billion | -20.75% |
| 2003-12-31 | ฿41.82 Billion | +144.75% |
| 2002-12-31 | ฿17.09 Billion | +11.66% |
| 2001-12-31 | ฿15.30 Billion | -1.10% |
| 2000-12-31 | ฿15.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank of Ayudhya PCL'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 25400456400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿254.00 Billion | 64.80% |
| Common Stock | ฿73.56 Billion | 18.76% |
| Other Comprehensive Income | ฿11.57 Billion | 2.95% |
| Other Components | ฿52.88 Billion | 13.49% |
| Total Equity | ฿392.01 Billion | 100.00% |
Bank of Ayudhya PCL Competitors by Market Cap
The table below lists competitors of Bank of Ayudhya PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AB Fagerhult
F:2F0
|
$216.55 Million |
|
Universal Vision Biotechnology Co Ltd
TWO:3218
|
$216.57 Million |
|
KT Submarine Co. Ltd
KQ:060370
|
$216.61 Million |
|
Lever Global Corporation
OTCQB:LVER
|
$216.61 Million |
|
Bharat Bijlee Limited
NSE:BBL
|
$216.37 Million |
|
UE Furniture Co Ltd
SHG:603600
|
$216.37 Million |
|
Eson Precision Ind Co Ltd
TW:5243
|
$216.33 Million |
|
Myer Holdings Ltd
AU:MYR
|
$216.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Ayudhya PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 368,453,586,000 to 392,007,454,000, a change of 23,553,868,000 (6.4%).
- Net income of 29,699,751,000 contributed positively to equity growth.
- Dividend payments of 6,311,685,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,856,963,000.
- Other factors increased equity by 6,022,765,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿29.70 Billion | +7.58% |
| Dividends Paid | ฿6.31 Billion | -1.61% |
| Other Comprehensive Income | ฿-5.86 Billion | -1.49% |
| Other Changes | ฿6.02 Billion | +1.54% |
| Total Change | ฿- | 6.39% |
Book Value vs Market Value Analysis
This analysis compares Bank of Ayudhya PCL'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: 0.48x
- 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 increased from 0.00x to 0.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ฿189814990.94 | ฿25.50 | x |
| 2004-12-31 | ฿8.02 | ฿25.50 | x |
| 2005-12-31 | ฿9.63 | ฿25.50 | x |
| 2006-12-31 | ฿12.96 | ฿25.50 | x |
| 2007-12-31 | ฿13.94 | ฿25.50 | x |
| 2008-12-31 | ฿14.48 | ฿25.50 | x |
| 2009-12-31 | ฿15.21 | ฿25.50 | x |
| 2010-12-31 | ฿16.28 | ฿25.50 | x |
| 2011-12-31 | ฿16.87 | ฿25.50 | x |
| 2012-12-31 | ฿18.66 | ฿25.50 | x |
| 2013-12-31 | ฿19.98 | ฿25.50 | x |
| 2014-12-31 | ฿21.60 | ฿25.50 | x |
| 2015-12-31 | ฿25.93 | ฿25.50 | x |
| 2016-12-31 | ฿28.30 | ฿25.50 | x |
| 2017-12-31 | ฿30.61 | ฿25.50 | x |
| 2018-12-31 | ฿32.99 | ฿25.50 | x |
| 2019-12-31 | ฿36.81 | ฿25.50 | x |
| 2020-12-31 | ฿39.09 | ฿25.50 | x |
| 2021-12-31 | ฿43.17 | ฿25.50 | x |
| 2022-12-31 | ฿46.35 | ฿25.50 | x |
| 2023-12-31 | ฿50.09 | ฿25.50 | x |
| 2024-12-31 | ฿53.29 | ฿25.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Ayudhya PCL 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): 7.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.62%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 6.68x
- Recent ROE (7.58%) is below the historical average (9.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 12.53% | 9.01% | 0.05x | 27.71x | ฿428.21 Million |
| 2003 | 7.34% | 25.64% | 0.02x | 12.61x | ฿-1.10 Billion |
| 2004 | 14.24% | 25.92% | 0.03x | 17.53x | ฿1.39 Billion |
| 2005 | 15.28% | 25.97% | 0.04x | 16.44x | ฿2.08 Billion |
| 2006 | 3.59% | 6.28% | 0.04x | 14.37x | ฿-2.97 Billion |
| 2007 | -5.13% | -14.69% | 0.04x | 8.38x | ฿-11.78 Billion |
| 2008 | 5.74% | 15.25% | 0.04x | 8.74x | ฿-3.63 Billion |
| 2009 | 7.20% | 16.22% | 0.05x | 8.44x | ฿-2.58 Billion |
| 2010 | 8.89% | 15.57% | 0.06x | 8.79x | ฿-1.10 Billion |
| 2011 | 9.04% | 15.88% | 0.06x | 9.25x | ฿-984.56 Million |
| 2012 | 12.91% | 23.98% | 0.06x | 9.46x | ฿3.29 Billion |
| 2013 | 9.78% | 17.40% | 0.06x | 9.72x | ฿-270.25 Million |
| 2014 | 10.80% | 20.98% | 0.06x | 9.25x | ฿1.05 Billion |
| 2015 | 9.79% | 22.10% | 0.05x | 8.96x | ฿-401.33 Million |
| 2016 | 10.28% | 23.35% | 0.05x | 9.05x | ฿586.10 Million |
| 2017 | 10.31% | 23.02% | 0.05x | 9.28x | ฿696.22 Million |
| 2018 | 10.23% | 22.57% | 0.05x | 8.96x | ฿548.93 Million |
| 2019 | 12.09% | 29.19% | 0.05x | 8.71x | ฿5.67 Billion |
| 2020 | 8.01% | 21.00% | 0.04x | 9.07x | ฿-5.71 Billion |
| 2021 | 10.64% | 31.31% | 0.04x | 7.87x | ฿2.04 Billion |
| 2022 | 9.01% | 27.37% | 0.04x | 7.73x | ฿-3.38 Billion |
| 2023 | 8.94% | 31.97% | 0.04x | 7.51x | ฿-3.92 Billion |
| 2024 | 7.58% | 19.62% | 0.06x | 6.68x | ฿-9.50 Billion |
Industry Comparison
This section compares Bank of Ayudhya PCL's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $196,999,012,118
- Average return on equity (ROE) among peers: 10.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Ayudhya PCL (BAY) | ฿431.70 Billion | 12.53% | 5.00x | $216.48 Million |
| Bangkok Bank PCL (BBL) | $244.69 Billion | 11.17% | 7.61x | $7.97 Billion |
| CIMB Thai Bank Public Company Limited (CIMBT) | $214.95 Billion | -2.06% | 0.01x | $19.21 Million |
| Thai Credit Pcl (CREDIT) | $14.38 Billion | 16.36% | 8.96x | $174.53 Million |
| LH Financial Group Public Company Limited (LHFG) | $41.16 Billion | 7.81% | 4.85x | $108.76 Million |
| SCB X Public Company Limited (SCB) | $483.73 Billion | 9.00% | 6.11x | $6.95 Billion |
| The Siam Commercial Bank Public Company Limited (SCB-R) | $363.76 Billion | 11.86% | 7.31x | $6.11 Billion |
| TISCO Financial Group Public Company Limited (TISCO) | $16.31 Billion | 20.03% | 12.53x | $2.25 Billion |