Bangkok Dusit Medical Services Public Company Limited

BK:BDMS Thailand Medical Care Facilities
Market Cap
$8.57 Billion
฿297.18 Billion THB
Market Cap Rank
#2398 Global
#5 in Thailand
Share Price
฿18.70
Change (1 day)
-1.06%
52-Week Range
฿17.60 - ฿24.70
All Time High
฿31.00
About

Bangkok Dusit Medical Services Public Company Limited, together with its subsidiaries, operates hospitals in Thailand and internationally. It operates through two segments Hospital Operations; and Other Businesses That Support Hospital Business. The company operates hospitals under the Bangkok Hospital Group, Samitivej Hospital Group, BNH Hospital, Phyathai Hospital Group, Paolo Hospital, and Roy… Read more

Bangkok Dusit Medical Services Public Company Limited (BDMS) - Net Assets

Latest net assets as of December 2025: ฿110.01 Billion THB

Based on the latest financial reports, Bangkok Dusit Medical Services Public Company Limited (BDMS) has net assets worth ฿110.01 Billion THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿157.96 Billion) and total liabilities (฿47.95 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 ฿110.01 Billion
% of Total Assets 69.64%
Annual Growth Rate 17.47%
5-Year Change 25.34%
10-Year Change 88.68%
Growth Volatility 27.13

Bangkok Dusit Medical Services Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how Bangkok Dusit Medical Services 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 Bangkok Dusit Medical Services Public Company Limited (2000–2025)

The table below shows the annual net assets of Bangkok Dusit Medical Services Public Company Limited from 2000 to 2025.

Year Net Assets Change
2025-12-31 ฿110.01 Billion +5.85%
2024-12-31 ฿103.93 Billion +5.11%
2023-12-31 ฿98.87 Billion +5.51%
2022-12-31 ฿93.71 Billion +6.78%
2021-12-31 ฿87.76 Billion -4.04%
2020-12-31 ฿91.46 Billion +4.91%
2019-12-31 ฿87.18 Billion +18.71%
2018-12-31 ฿73.44 Billion +11.49%
2017-12-31 ฿65.87 Billion +12.98%
2016-12-31 ฿58.30 Billion +3.79%
2015-12-31 ฿56.18 Billion +14.75%
2014-12-31 ฿48.95 Billion +14.80%
2013-12-31 ฿42.64 Billion +9.83%
2012-12-31 ฿38.83 Billion +16.19%
2011-12-31 ฿33.42 Billion +105.23%
2010-12-31 ฿16.28 Billion +10.41%
2009-12-31 ฿14.75 Billion +13.54%
2008-12-31 ฿12.99 Billion +10.91%
2007-12-31 ฿11.71 Billion +14.50%
2006-12-31 ฿10.23 Billion +21.50%
2005-12-31 ฿8.42 Billion +6.72%
2004-12-31 ฿7.89 Billion +111.72%
2003-12-31 ฿3.73 Billion +17.56%
2002-12-31 ฿3.17 Billion +30.70%
2001-12-31 ฿2.42 Billion +23.43%
2000-12-31 ฿1.96 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Bangkok Dusit Medical Services 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 grown by 176887.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ฿60.00 Billion 56.66%
Other Components ฿45.90 Billion 43.34%
Total Equity ฿105.89 Billion 100.00%

Bangkok Dusit Medical Services Public Company Limited Competitors by Market Cap

The table below lists competitors of Bangkok Dusit Medical Services Public Company Limited ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bangkok Dusit Medical Services Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 100,036,584,480 to 105,894,276,616, a change of 5,857,692,136 (5.9%).
  • Net income of 15,848,215,386 contributed positively to equity growth.
  • Dividend payments of 11,916,508,827 reduced retained earnings.
  • Other comprehensive income decreased equity by 175,822,357.
  • Other factors increased equity by 2,101,807,934.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿15.85 Billion +14.97%
Dividends Paid ฿11.92 Billion -11.25%
Other Comprehensive Income ฿-175.82 Million -0.17%
Other Changes ฿2.10 Billion +1.98%
Total Change ฿- 5.86%

Book Value vs Market Value Analysis

This analysis compares Bangkok Dusit Medical Services 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: 2.81x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 41.44x to 2.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 ฿0.45 ฿18.70 x
2004-12-31 ฿0.86 ฿18.70 x
2005-12-31 ฿0.68 ฿18.70 x
2006-12-31 ฿0.83 ฿18.70 x
2007-12-31 ฿0.93 ฿18.70 x
2008-12-31 ฿1.02 ฿18.70 x
2009-12-31 ฿1.17 ฿18.70 x
2010-12-31 ฿1.28 ฿18.70 x
2011-12-31 ฿2.19 ฿18.70 x
2012-12-31 ฿2.41 ฿18.70 x
2013-12-31 ฿2.63 ฿18.70 x
2014-12-31 ฿3.02 ฿18.70 x
2015-12-31 ฿3.46 ฿18.70 x
2016-12-31 ฿3.60 ฿18.70 x
2017-12-31 ฿4.07 ฿18.70 x
2018-12-31 ฿4.52 ฿18.70 x
2019-12-31 ฿5.32 ฿18.70 x
2020-12-31 ฿5.53 ฿18.70 x
2021-12-31 ฿5.28 ฿18.70 x
2022-12-31 ฿5.66 ฿18.70 x
2023-12-31 ฿5.99 ฿18.70 x
2024-12-31 ฿6.29 ฿18.70 x
2025-12-31 ฿6.66 ฿18.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bangkok Dusit Medical Services 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): 14.97%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.21%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 1.49x
  • Recent ROE (14.97%) is above the historical average (13.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 9.32% 10.87% 0.37x 2.29x ฿-13.16 Million
2001 8.65% 10.72% 0.40x 2.03x ฿-32.40 Million
2002 7.70% 10.30% 0.41x 1.81x ฿-72.05 Million
2003 11.36% 11.60% 0.45x 2.16x ฿46.04 Million
2004 8.28% 11.06% 0.39x 1.94x ฿-129.35 Million
2005 10.55% 7.76% 0.61x 2.24x ฿43.15 Million
2006 13.61% 8.38% 0.63x 2.59x ฿350.66 Million
2007 11.19% 6.72% 0.71x 2.36x ฿132.75 Million
2008 13.39% 7.79% 0.76x 2.25x ฿420.79 Million
2009 12.19% 7.93% 0.72x 2.15x ฿310.12 Million
2010 14.68% 9.67% 0.74x 2.06x ฿731.61 Million
2011 13.71% 12.10% 0.62x 1.84x ฿1.19 Billion
2012 21.28% 17.45% 0.66x 1.84x ฿4.21 Billion
2013 15.39% 12.37% 0.66x 1.88x ฿2.19 Billion
2014 15.80% 13.19% 0.60x 1.99x ฿2.72 Billion
2015 14.75% 12.60% 0.61x 1.91x ฿2.55 Billion
2016 15.05% 12.34% 0.64x 1.92x ฿2.81 Billion
2017 16.20% 14.20% 0.59x 1.94x ฿3.91 Billion
2018 13.07% 11.72% 0.59x 1.90x ฿2.16 Billion
2019 18.51% 18.76% 0.62x 1.59x ฿7.14 Billion
2020 8.21% 10.60% 0.50x 1.55x ฿-1.58 Billion
2021 9.47% 10.66% 0.58x 1.53x ฿-448.44 Million
2022 14.03% 13.71% 0.65x 1.57x ฿3.62 Billion
2023 15.09% 14.25% 0.70x 1.51x ฿4.85 Billion
2024 15.98% 14.82% 0.71x 1.51x ฿5.98 Billion
2025 14.97% 14.21% 0.71x 1.49x ฿5.26 Billion

Industry Comparison

This section compares Bangkok Dusit Medical Services Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

  • Industry: Medical Care Facilities
  • Average net assets among peers: $2,510,496,548
  • Average return on equity (ROE) among peers: 9.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bangkok Dusit Medical Services Public Company Limited (BDMS) ฿110.01 Billion 9.32% 0.44x $6.15 Billion
Aikchol Hospital Public Company Limited (AHC) $2.09 Billion 6.07% 0.17x $29.15 Million
Bumrungrad Hospital PCL (BH) $6.73 Billion 23.58% 1.00x $3.43 Billion
Chularat Hospital Public Company Limited (CHG) $8.26 Billion 11.25% 0.24x $204.12 Million
Chiang Mai Ram Medical Business Public Company Limited (CMR) $3.42 Billion 11.31% 0.63x $21.83 Million
Dental Corporation Public Company Limited (D) $33.68 Million 0.00% 3.96x $9.20 Million
Ekachai Medical Care Public Company Limited (EKH) $862.00 Million 13.60% 0.12x $56.43 Million
Genesis Fertility Center Public Company Limited (GFC) $566.32 Million 13.68% 0.13x $4.77 Million
Mukdahan International Hospital Public Company Limited (HANN) $189.39 Million 11.18% 0.76x $5.00 Million
Intermedical Care and Lab Hospital Public Company Limited (IMH) $434.98 Million -3.82% 0.13x $7.10 Million