Boutique Corporation Public Company Limited
Boutique Corporation Public Company Limited, together with its subsidiaries, engages in real estate development business in Thailand. It operates through three segments: Hotel Business and Serviced Apartment; Community Mall and Office Building; and Management Services and Others. The company offers serviced residences, hotel operations, community mall, and real estate investment management servic… Read more
Boutique Corporation Public Company Limited (BC) - Net Assets
Latest net assets as of September 2025: ฿916.37 Million THB
Based on the latest financial reports, Boutique Corporation Public Company Limited (BC) has net assets worth ฿916.37 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.68 Billion) and total liabilities (฿2.76 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 | ฿916.37 Million |
| % of Total Assets | 24.91% |
| Annual Growth Rate | N/A |
| 5-Year Change | 5.73% |
| 10-Year Change | N/A |
| Growth Volatility | 45.84 |
Boutique Corporation Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Boutique Corporation 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 Boutique Corporation Public Company Limited (2013–2024)
The table below shows the annual net assets of Boutique Corporation Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿932.37 Million | +53.46% |
| 2023-12-31 | ฿607.57 Million | +30.84% |
| 2022-12-31 | ฿464.37 Million | -21.81% |
| 2021-12-31 | ฿593.87 Million | -32.66% |
| 2020-12-31 | ฿881.87 Million | -19.68% |
| 2019-12-31 | ฿1.10 Billion | +105.79% |
| 2018-12-31 | ฿533.53 Million | +14.67% |
| 2017-12-31 | ฿465.27 Million | +271.06% |
| 2016-12-31 | ฿-271.99 Million | -105.75% |
| 2015-12-31 | ฿-132.20 Million | +73.56% |
| 2014-12-31 | ฿-500.08 Million | +16.85% |
| 2013-12-31 | ฿-601.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boutique Corporation 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 decreased by 53654155900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿1.53 Billion | 226.33% |
| Total Equity | ฿674.42 Million | 100.00% |
Boutique Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Boutique Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Salee Printing Public Company Limited
BK:SLP
|
$3.61 Million |
|
Scalare Partners Holdings Ltd
AU:SCP
|
$3.62 Million |
|
Tera Light Ltd
TA:TRLT
|
$3.62 Million |
|
Erria A/S
CO:ERRIA
|
$3.62 Million |
|
PLYTEC Holding Berhad
KLSE:0289
|
$3.61 Million |
|
Secos Group Ltd
AU:SES
|
$3.61 Million |
|
Aferian Plc
PINK:AOECF
|
$3.61 Million |
|
Combigene AB
ST:COMBI
|
$3.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boutique Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 599,410,161 to 674,420,794, a change of 75,010,633 (12.5%).
- Net income of 32,155,249 contributed positively to equity growth.
- New share issuances of 294,185,582 increased equity.
- Other comprehensive income decreased equity by 501,896,907.
- Other factors increased equity by 250,566,709.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿32.16 Million | +4.77% |
| Share Issuances | ฿294.19 Million | +43.62% |
| Other Comprehensive Income | ฿-501.90 Million | -74.42% |
| Other Changes | ฿250.57 Million | +37.15% |
| Total Change | ฿- | 12.51% |
Book Value vs Market Value Analysis
This analysis compares Boutique Corporation 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: 0.60x
- 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 |
|---|---|---|---|
| 2013-12-31 | ฿-9.06 | ฿0.71 | x |
| 2014-12-31 | ฿-6.66 | ฿0.71 | x |
| 2015-12-31 | ฿0.60 | ฿0.71 | x |
| 2016-12-31 | ฿0.03 | ฿0.71 | x |
| 2017-12-31 | ฿1.06 | ฿0.71 | x |
| 2018-12-31 | ฿1.43 | ฿0.71 | x |
| 2019-12-31 | ฿2.63 | ฿0.71 | x |
| 2020-12-31 | ฿1.56 | ฿0.71 | x |
| 2021-12-31 | ฿1.33 | ฿0.71 | x |
| 2022-12-31 | ฿1.34 | ฿0.71 | x |
| 2023-12-31 | ฿1.05 | ฿0.71 | x |
| 2024-12-31 | ฿1.18 | ฿0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boutique Corporation 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): 4.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.81%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 5.77x
- Recent ROE (4.77%) is above the historical average (-48.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | -15.98% | 0.18x | 0.00x | ฿-4.56 Million |
| 2014 | 0.00% | 15.73% | 0.41x | 0.00x | ฿114.55 Million |
| 2015 | 128.12% | 39.66% | 0.17x | 19.25x | ฿88.57 Million |
| 2016 | -605.90% | -45.80% | 0.13x | 101.39x | ฿-109.27 Million |
| 2017 | 2.87% | 6.62% | 0.07x | 5.78x | ฿-38.69 Million |
| 2018 | -12.89% | -26.85% | 0.07x | 6.74x | ฿-118.42 Million |
| 2019 | 15.53% | 58.63% | 0.07x | 3.99x | ฿53.24 Million |
| 2020 | -41.01% | -231.42% | 0.04x | 4.96x | ฿-404.74 Million |
| 2021 | -35.17% | -199.44% | 0.03x | 5.93x | ฿-306.38 Million |
| 2022 | -6.88% | -21.17% | 0.06x | 5.18x | ฿-125.99 Million |
| 2023 | -32.37% | -49.27% | 0.10x | 6.42x | ฿-253.95 Million |
| 2024 | 4.77% | 6.81% | 0.12x | 5.77x | ฿-35.29 Million |
Industry Comparison
This section compares Boutique Corporation Public Company Limited's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $2,126,474,335
- Average return on equity (ROE) among peers: -10.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boutique Corporation Public Company Limited (BC) | ฿916.37 Million | 0.00% | 3.01x | $3.61 Million |
| Chaoprayamahanakorn Public Company Limited (CMC) | $2.13 Billion | -10.04% | 2.31x | $2.49 Million |