BEC World Public Company Limited
BEC World Public Company Limited, together with its subsidiaries, engages in the entertainment and recreation business in Thailand. The company offers content on various platforms, such as television and digital platform, global content licensing, and supporting business. It also provides and produces TV programs; provides management services; studio management, creative and script writer develop… Read more
BEC World Public Company Limited (BEC) - Net Assets
Latest net assets as of September 2025: ฿6.01 Billion THB
Based on the latest financial reports, BEC World Public Company Limited (BEC) has net assets worth ฿6.01 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 (฿8.01 Billion) and total liabilities (฿2.00 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 | ฿6.01 Billion |
| % of Total Assets | 75.07% |
| Annual Growth Rate | -0.79% |
| 5-Year Change | 12.26% |
| 10-Year Change | -25.84% |
| Growth Volatility | 8.43 |
BEC World Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how BEC World 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 BEC World Public Company Limited (2000–2024)
The table below shows the annual net assets of BEC World Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿6.07 Billion | -1.21% |
| 2023-12-31 | ฿6.15 Billion | -1.52% |
| 2022-12-31 | ฿6.24 Billion | +0.78% |
| 2021-12-31 | ฿6.19 Billion | +14.49% |
| 2020-12-31 | ฿5.41 Billion | -5.41% |
| 2019-12-31 | ฿5.72 Billion | -8.31% |
| 2018-12-31 | ฿6.24 Billion | -4.72% |
| 2017-12-31 | ฿6.55 Billion | -7.94% |
| 2016-12-31 | ฿7.11 Billion | -13.16% |
| 2015-12-31 | ฿8.19 Billion | -8.35% |
| 2014-12-31 | ฿8.93 Billion | -1.99% |
| 2013-12-31 | ฿9.11 Billion | +9.72% |
| 2012-12-31 | ฿8.31 Billion | +11.81% |
| 2011-12-31 | ฿7.43 Billion | -4.42% |
| 2010-12-31 | ฿7.77 Billion | +5.69% |
| 2009-12-31 | ฿7.36 Billion | +2.05% |
| 2008-12-31 | ฿7.21 Billion | +8.55% |
| 2007-12-31 | ฿6.64 Billion | +7.19% |
| 2006-12-31 | ฿6.19 Billion | +5.99% |
| 2005-12-31 | ฿5.84 Billion | -7.53% |
| 2004-12-31 | ฿6.32 Billion | +8.52% |
| 2003-12-31 | ฿5.82 Billion | -22.00% |
| 2002-12-31 | ฿7.47 Billion | +1.09% |
| 2001-12-31 | ฿7.39 Billion | +0.52% |
| 2000-12-31 | ฿7.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BEC World 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 2.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.71 Billion | 44.55% |
| Common Stock | ฿2.00 Billion | 32.94% |
| Other Comprehensive Income | ฿200.00 Million | 3.29% |
| Other Components | ฿1.17 Billion | 19.22% |
| Total Equity | ฿6.07 Billion | 100.00% |
BEC World Public Company Limited Competitors by Market Cap
The table below lists competitors of BEC World Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GENERAL DE ALQUI. EO 1
F:4LX
|
$39.49 Million |
|
Fluoguide AS
ST:FLUO
|
$39.49 Million |
|
Shandong Zhonglu Oceanic Fisheries Co Ltd
SHE:200992
|
$39.49 Million |
|
Ddev Plastiks Industries Limited
NSE:DDEVPLSTIK
|
$39.50 Million |
|
GREENMOBILITY A/S DK -40
F:2G9
|
$39.47 Million |
|
TRANSCONTL RLTY INV.DL-01
F:TI9
|
$39.45 Million |
|
Arkade Developers Ltd
NSE:ARKADE
|
$39.44 Million |
|
Phonex Inc
PINK:PXHI
|
$39.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BEC World Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,146,521,715 to 6,071,897,517, a change of -74,624,198 (-1.2%).
- Net income of 96,284,347 contributed positively to equity growth.
- Dividend payments of 200,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿96.28 Million | +1.59% |
| Dividends Paid | ฿200.00 Million | -3.29% |
| Other Changes | ฿29.09 Million | +0.48% |
| Total Change | ฿- | -1.21% |
Book Value vs Market Value Analysis
This analysis compares BEC World 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: 0.68x
- 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 0.55x to 0.68x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ฿3.72 | ฿2.06 | x |
| 2003-12-31 | ฿2.86 | ฿2.06 | x |
| 2004-12-31 | ฿3.06 | ฿2.06 | x |
| 2005-12-31 | ฿2.85 | ฿2.06 | x |
| 2006-12-31 | ฿3.02 | ฿2.06 | x |
| 2007-12-31 | ฿3.25 | ฿2.06 | x |
| 2008-12-31 | ฿3.47 | ฿2.06 | x |
| 2009-12-31 | ฿3.59 | ฿2.06 | x |
| 2010-12-31 | ฿3.79 | ฿2.06 | x |
| 2011-12-31 | ฿3.63 | ฿2.06 | x |
| 2012-12-31 | ฿4.04 | ฿2.06 | x |
| 2013-12-31 | ฿4.41 | ฿2.06 | x |
| 2014-12-31 | ฿4.32 | ฿2.06 | x |
| 2015-12-31 | ฿3.98 | ฿2.06 | x |
| 2016-12-31 | ฿3.45 | ฿2.06 | x |
| 2017-12-31 | ฿3.20 | ฿2.06 | x |
| 2018-12-31 | ฿3.04 | ฿2.06 | x |
| 2019-12-31 | ฿2.81 | ฿2.06 | x |
| 2020-12-31 | ฿2.70 | ฿2.06 | x |
| 2021-12-31 | ฿3.10 | ฿2.06 | x |
| 2022-12-31 | ฿3.12 | ฿2.06 | x |
| 2023-12-31 | ฿3.07 | ฿2.06 | x |
| 2024-12-31 | ฿3.04 | ฿2.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BEC World 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): 1.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.26%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.52x
- Recent ROE (1.59%) is below the historical average (24.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 20.99% | 32.38% | 0.57x | 1.13x | ฿808.80 Million |
| 2001 | 20.83% | 32.41% | 0.59x | 1.09x | ฿801.80 Million |
| 2002 | 22.34% | 30.12% | 0.65x | 1.14x | ฿921.65 Million |
| 2003 | 34.28% | 31.57% | 0.91x | 1.20x | ฿1.40 Billion |
| 2004 | 26.16% | 24.75% | 0.86x | 1.24x | ฿989.47 Million |
| 2005 | 15.44% | 13.72% | 0.94x | 1.19x | ฿310.28 Million |
| 2006 | 27.16% | 23.63% | 0.96x | 1.19x | ฿1.04 Billion |
| 2007 | 34.65% | 28.26% | 0.97x | 1.26x | ฿1.60 Billion |
| 2008 | 41.54% | 33.40% | 1.01x | 1.23x | ฿2.23 Billion |
| 2009 | 37.83% | 30.03% | 1.03x | 1.22x | ฿2.00 Billion |
| 2010 | 43.56% | 28.19% | 1.22x | 1.26x | ฿2.54 Billion |
| 2011 | 48.60% | 27.57% | 1.30x | 1.36x | ฿2.80 Billion |
| 2012 | 59.11% | 32.09% | 1.38x | 1.33x | ฿3.97 Billion |
| 2013 | 63.32% | 34.02% | 1.35x | 1.38x | ฿4.71 Billion |
| 2014 | 51.07% | 27.31% | 0.94x | 2.00x | ฿3.55 Billion |
| 2015 | 37.51% | 18.82% | 1.06x | 1.88x | ฿2.19 Billion |
| 2016 | 17.68% | 9.93% | 0.82x | 2.17x | ฿529.09 Million |
| 2017 | 0.95% | 0.55% | 0.77x | 2.24x | ฿-578.20 Million |
| 2018 | -5.43% | -3.18% | 0.72x | 2.35x | ฿-938.59 Million |
| 2019 | -7.99% | -5.41% | 0.73x | 2.02x | ฿-1.01 Billion |
| 2020 | -5.62% | -5.19% | 0.62x | 1.76x | ฿-844.89 Million |
| 2021 | 12.30% | 13.41% | 0.55x | 1.67x | ฿142.35 Million |
| 2022 | 9.73% | 11.87% | 0.53x | 1.54x | ฿-17.09 Million |
| 2023 | 3.42% | 4.51% | 0.49x | 1.54x | ฿-404.65 Million |
| 2024 | 1.59% | 2.26% | 0.46x | 1.52x | ฿-510.91 Million |
Industry Comparison
This section compares BEC World Public Company Limited's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $1,387,872,132
- Average return on equity (ROE) among peers: -42.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BEC World Public Company Limited (BEC) | ฿6.01 Billion | 20.99% | 0.33x | $39.47 Million |
| DV8 Public Company Limited (DV8) | $949.37 Million | -95.76% | 0.12x | $169.76 Million |
| JKN Global Media Public Company Limited (JKN) | $1.83 Billion | 10.28% | 0.72x | $6.45 Million |