Bangkok Dusit Medical Services Public Company Limited (BDMS) - Net Assets
Based on the latest financial reports, Bangkok Dusit Medical Services Public Company Limited (BDMS) has net assets worth ฿114.30 Billion THB (≈ $3.56 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿160.69 Billion ≈ $5.01 Billion USD) and total liabilities (฿46.39 Billion ≈ $1.45 Billion USD). 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. Check BDMS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿114.30 Billion |
| % of Total Assets | 71.13% |
| 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. See Bangkok Dusit Medical Services Public Co defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see BDMS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿110.01 Billion ≈ $3.43 Billion |
+5.85% |
| 2024-12-31 | ฿103.93 Billion ≈ $3.24 Billion |
+5.11% |
| 2023-12-31 | ฿98.87 Billion ≈ $3.08 Billion |
+5.51% |
| 2022-12-31 | ฿93.71 Billion ≈ $2.92 Billion |
+6.78% |
| 2021-12-31 | ฿87.76 Billion ≈ $2.74 Billion |
-4.04% |
| 2020-12-31 | ฿91.46 Billion ≈ $2.85 Billion |
+4.91% |
| 2019-12-31 | ฿87.18 Billion ≈ $2.72 Billion |
+18.71% |
| 2018-12-31 | ฿73.44 Billion ≈ $2.29 Billion |
+11.49% |
| 2017-12-31 | ฿65.87 Billion ≈ $2.05 Billion |
+12.98% |
| 2016-12-31 | ฿58.30 Billion ≈ $1.82 Billion |
+3.79% |
| 2015-12-31 | ฿56.18 Billion ≈ $1.75 Billion |
+14.75% |
| 2014-12-31 | ฿48.95 Billion ≈ $1.53 Billion |
+14.80% |
| 2013-12-31 | ฿42.64 Billion ≈ $1.33 Billion |
+9.83% |
| 2012-12-31 | ฿38.83 Billion ≈ $1.21 Billion |
+16.19% |
| 2011-12-31 | ฿33.42 Billion ≈ $1.04 Billion |
+105.23% |
| 2010-12-31 | ฿16.28 Billion ≈ $507.52 Million |
+10.41% |
| 2009-12-31 | ฿14.75 Billion ≈ $459.66 Million |
+13.54% |
| 2008-12-31 | ฿12.99 Billion ≈ $404.82 Million |
+10.91% |
| 2007-12-31 | ฿11.71 Billion ≈ $364.99 Million |
+14.50% |
| 2006-12-31 | ฿10.23 Billion ≈ $318.77 Million |
+21.50% |
| 2005-12-31 | ฿8.42 Billion ≈ $262.37 Million |
+6.72% |
| 2004-12-31 | ฿7.89 Billion ≈ $245.84 Million |
+111.72% |
| 2003-12-31 | ฿3.73 Billion ≈ $116.12 Million |
+17.56% |
| 2002-12-31 | ฿3.17 Billion ≈ $98.78 Million |
+30.70% |
| 2001-12-31 | ฿2.42 Billion ≈ $75.57 Million |
+23.43% |
| 2000-12-31 | ฿1.96 Billion ≈ $61.23 Million |
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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 165127.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿56.01 Billion | 52.89% |
| Common Stock | ฿1.59 Billion | 1.50% |
| Other Comprehensive Income | ฿18.13 Billion | 17.12% |
| Other Components | ฿30.17 Billion | 28.49% |
| 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.
| Company | Market Cap |
|---|---|
|
MISC Bhd
KLSE:3816
|
$9.07 Billion |
|
CITIC Securities Company Limited
F:CI9
|
$9.07 Billion |
|
Verona Pharma plc
F:I9SA
|
$9.07 Billion |
|
Autoliv Inc
ST:ALIV-SDB
|
$9.07 Billion |
|
Brenntag SE
F:BNR
|
$9.06 Billion |
|
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SHE:002304
|
$9.04 Billion |
|
Hindustan Petroleum Corporation Limited
NSE:HINDPETRO
|
$9.02 Billion |
|
Petronas Chemicals Group Bhd
KLSE:5183
|
$9.02 Billion |
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 100,036,584,000 to 105,894,277,000, a change of 5,857,693,000 (5.9%).
- Net income of 15,848,215,000 contributed positively to equity growth.
- Dividend payments of 11,916,508,827 reduced retained earnings.
- Other comprehensive income increased equity by 17,952,792,000.
- Other factors decreased equity by 16,026,805,173.
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 | ฿17.95 Billion | +16.95% |
| Other Changes | ฿-16.03 Billion | -15.13% |
| 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: 2.75x
- 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 40.55x to 2.75x 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 | ฿18.30 | x |
| 2004-12-31 | ฿0.86 | ฿18.30 | x |
| 2005-12-31 | ฿0.68 | ฿18.30 | x |
| 2006-12-31 | ฿0.83 | ฿18.30 | x |
| 2007-12-31 | ฿0.93 | ฿18.30 | x |
| 2008-12-31 | ฿1.02 | ฿18.30 | x |
| 2009-12-31 | ฿1.17 | ฿18.30 | x |
| 2010-12-31 | ฿1.28 | ฿18.30 | x |
| 2011-12-31 | ฿2.19 | ฿18.30 | x |
| 2012-12-31 | ฿2.41 | ฿18.30 | x |
| 2013-12-31 | ฿2.63 | ฿18.30 | x |
| 2014-12-31 | ฿3.02 | ฿18.30 | x |
| 2015-12-31 | ฿3.46 | ฿18.30 | x |
| 2016-12-31 | ฿3.60 | ฿18.30 | x |
| 2017-12-31 | ฿4.07 | ฿18.30 | x |
| 2018-12-31 | ฿4.52 | ฿18.30 | x |
| 2019-12-31 | ฿5.32 | ฿18.30 | x |
| 2020-12-31 | ฿5.53 | ฿18.30 | x |
| 2021-12-31 | ฿5.28 | ฿18.30 | x |
| 2022-12-31 | ฿5.66 | ฿18.30 | x |
| 2023-12-31 | ฿5.99 | ฿18.30 | x |
| 2024-12-31 | ฿6.29 | ฿18.30 | x |
| 2025-12-31 | ฿6.66 | ฿18.30 | 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: $4,810,501,614
- Average return on equity (ROE) among peers: 19.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bangkok Dusit Medical Services Public Company Limited (BDMS) | ฿114.30 Billion | 9.32% | 0.41x | $9.06 Billion |
| Aikchol Hospital Public Company Limited (AHC) | $1.46 Billion | 8.78% | 0.21x | $57.94 Million |
| Bangkok Chain Hospital Public Company Limited (BCH) | $4.67 Billion | 11.18% | 1.14x | $730.64 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $7.63 Billion | 16.12% | 1.17x | $1.03 Billion |
| Bumrungrad Hospital PCL (BH) | $18.74 Billion | 22.15% | 0.32x | $4.62 Billion |
| Bumrungrad Hospital Public Company Limited (BH-R) | $2.06 Billion | 45.36% | 1.44x | $4.61 Billion |
| Chularat Hospital Public Company Limited (CHG) | $760.23 Million | 0.00% | 0.32x | $528.01 Million |
| Chularat Hospital Public Company Limited (CHG-R) | $2.64 Billion | 15.70% | 0.13x | $589.72 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $4.56 Billion | 53.60% | 0.79x | $161.15 Million |
| Dental Corporation Public Company Limited (D) | $778.18 Million | 6.49% | 0.71x | $30.93 Million |
About Bangkok Dusit Medical Services Public Company Limited
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