Bound and Beyond PCL (BEYOND) - Net Assets

Latest as of December 2025: ฿6.45 Billion THB ≈ $201.05 Million USD

Based on the latest financial reports, Bound and Beyond PCL (BEYOND) has net assets worth ฿6.45 Billion THB (≈ $201.05 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿13.21 Billion ≈ $411.59 Million USD) and total liabilities (฿6.75 Billion ≈ $210.54 Million 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 Bound and Beyond PCL liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿6.45 Billion
% of Total Assets	48.85%
Annual Growth Rate	3.82%
5-Year Change	0.59%
10-Year Change	60.57%
Growth Volatility	14.28

Bound and Beyond PCL - Net Assets Trend (2000–2025)

This chart illustrates how Bound and Beyond PCL's net assets have evolved over time, based on quarterly financial data. Also explore BEYOND total assets for the complete picture of this company's asset base.

Annual Net Assets for Bound and Beyond PCL (2000–2025)

The table below shows the annual net assets of Bound and Beyond PCL from 2000 to 2025. For live valuation and market cap data, see BEYOND market cap.

Year	Net Assets	Change
2025-12-31	฿6.45 Billion ≈ $201.05 Million	+2.85%
2024-12-31	฿6.27 Billion ≈ $195.48 Million	-0.46%
2023-12-31	฿6.30 Billion ≈ $196.38 Million	+3.24%
2022-12-31	฿6.10 Billion ≈ $190.22 Million	-4.83%
2021-12-31	฿6.41 Billion ≈ $199.87 Million	+34.10%
2020-12-31	฿4.78 Billion ≈ $149.04 Million	+1.64%
2019-12-31	฿4.70 Billion ≈ $146.64 Million	+0.03%
2018-12-31	฿4.70 Billion ≈ $146.60 Million	-7.50%
2017-12-31	฿5.08 Billion ≈ $158.48 Million	+26.57%
2016-12-31	฿4.02 Billion ≈ $125.21 Million	+12.18%
2015-12-31	฿3.58 Billion ≈ $111.62 Million	+7.69%
2014-12-31	฿3.33 Billion ≈ $103.64 Million	+13.02%
2013-12-31	฿2.94 Billion ≈ $91.71 Million	-23.97%
2012-12-31	฿3.87 Billion ≈ $120.62 Million	-15.49%
2011-12-31	฿4.58 Billion ≈ $142.73 Million	-6.47%
2010-12-31	฿4.90 Billion ≈ $152.60 Million	+4.49%
2009-12-31	฿4.69 Billion ≈ $146.04 Million	+5.58%
2008-12-31	฿4.44 Billion ≈ $138.32 Million	-6.94%
2007-12-31	฿4.77 Billion ≈ $148.64 Million	-5.03%
2006-12-31	฿5.02 Billion ≈ $156.50 Million	+42.78%
2005-12-31	฿3.52 Billion ≈ $109.61 Million	+17.13%
2004-12-31	฿3.00 Billion ≈ $93.58 Million	+5.90%
2003-12-31	฿2.84 Billion ≈ $88.37 Million	-0.09%
2002-12-31	฿2.84 Billion ≈ $88.45 Million	-0.96%
2001-12-31	฿2.87 Billion ≈ $89.31 Million	+13.29%
2000-12-31	฿2.53 Billion ≈ $78.83 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bound and Beyond 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 233025827100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿2.33 Billion	36.12%
Other Components	฿4.12 Billion	63.88%
Total Equity	฿6.45 Billion	100.00%

Bound and Beyond PCL Competitors by Market Cap

The table below lists competitors of Bound and Beyond PCL ranked by their market capitalization.

Company	Market Cap
Imas Makina Sanayi AS IS:IMASM	$76.86 Million
Oswal Greentech Limited NSE:OSWALGREEN	$76.90 Million
Kumpulan Perangsang Selangor KLSE:5843	$76.90 Million
Xtant Medical Holdings Inc NYSE MKT:XTNT	$76.92 Million
Thai Wah Public Company Limited BK:TWPC	$76.84 Million
AURRIGO INT.PLCLS-002 F:CI0	$76.80 Million
AVE S.A. AT:AVE	$76.79 Million
KPM TECH Co. Ltd KQ:042040	$76.76 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bound and Beyond PCL's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 6,271,735,398 to 6,451,765,763, a change of 180,030,365 (2.9%).
Net income of 2,346,212 contributed positively to equity growth.
Share repurchases of 15,070,845 reduced equity.
Other comprehensive income decreased equity by 263,184,205.
Other factors increased equity by 455,939,203.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿2.35 Million	+0.04%
Share Repurchases	฿15.07 Million	-0.23%
Other Comprehensive Income	฿-263.18 Million	-4.08%
Other Changes	฿455.94 Million	+7.07%
Total Change	฿-	2.87%

Book Value vs Market Value Analysis

This analysis compares Bound and Beyond 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: 0.38x
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 decreased from 0.64x to 0.38x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	฿13.26	฿8.50	x
2005-12-31	฿15.33	฿8.50	x
2006-12-31	฿22.00	฿8.50	x
2007-12-31	฿20.89	฿8.50	x
2008-12-31	฿19.27	฿8.50	x
2009-12-31	฿19.78	฿8.50	x
2010-12-31	฿20.71	฿8.50	x
2011-12-31	฿19.31	฿8.50	x
2012-12-31	฿16.20	฿8.50	x
2013-12-31	฿13.88	฿8.50	x
2014-12-31	฿15.59	฿8.50	x
2015-12-31	฿15.84	฿8.50	x
2016-12-31	฿17.77	฿8.50	x
2017-12-31	฿19.11	฿8.50	x
2018-12-31	฿20.81	฿8.50	x
2019-12-31	฿20.82	฿8.50	x
2020-12-31	฿21.16	฿8.50	x
2021-12-31	฿25.71	฿8.50	x
2022-12-31	฿21.13	฿8.50	x
2023-12-31	฿21.28	฿8.50	x
2024-12-31	฿21.62	฿8.50	x
2025-12-31	฿22.24	฿8.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bound and Beyond 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): 0.04%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.07%
• Asset Turnover: 0.25x
• Equity Multiplier: 2.05x
Recent ROE (0.04%) is below the historical average (5.73%), 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	8.35%	3.97%	1.04x	2.03x	฿-41.61 Million
2001	11.72%	6.45%	1.12x	1.63x	฿49.17 Million
2003	0.00%	0.00%	0.94x	1.81x	฿-283.22 Million
2004	7.24%	3.83%	1.16x	1.64x	฿-82.84 Million
2005	16.18%	9.13%	1.19x	1.49x	฿214.39 Million
2006	35.49%	17.13%	1.33x	1.56x	฿1.27 Billion
2007	19.71%	7.71%	2.10x	1.22x	฿458.24 Million
2008	6.08%	3.25%	1.26x	1.49x	฿-170.72 Million
2009	6.63%	4.48%	0.96x	1.55x	฿-150.61 Million
2010	8.94%	5.14%	1.17x	1.49x	฿-49.53 Million
2011	0.10%	0.06%	1.02x	1.64x	฿-432.10 Million
2012	-15.61%	-7.52%	1.24x	1.67x	฿-937.48 Million
2013	-16.90%	-9.70%	1.04x	1.67x	฿-843.66 Million
2014	13.09%	8.24%	1.01x	1.58x	฿108.77 Million
2015	4.21%	3.10%	0.95x	1.43x	฿-207.33 Million
2016	11.89%	9.28%	0.92x	1.39x	฿76.06 Million
2017	17.80%	14.67%	0.83x	1.46x	฿396.84 Million
2018	-0.89%	-0.86%	0.69x	1.49x	฿-512.09 Million
2019	-2.46%	-32.64%	0.05x	1.60x	฿-586.11 Million
2020	1.68%	23.00%	0.05x	1.53x	฿-397.74 Million
2021	13.69%	395.95%	0.02x	2.20x	฿236.48 Million
2022	-5.60%	-15.92%	0.16x	2.19x	฿-952.22 Million
2023	2.49%	5.28%	0.22x	2.16x	฿-472.87 Million
2024	-0.59%	-1.07%	0.26x	2.10x	฿-664.21 Million
2025	0.04%	0.07%	0.25x	2.05x	฿-642.83 Million

Industry Comparison

This section compares Bound and Beyond PCL's net assets metrics with peer companies in the Lodging industry.

Industry Context

Industry: Lodging
Average net assets among peers: $12,707,404,316
Average return on equity (ROE) among peers: 1.96%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bound and Beyond PCL (BEYOND)	฿6.45 Billion	8.35%	1.05x	$76.85 Million
Asia Hotel Public Company Limited (ASIA)	$5.59 Billion	6.46%	0.66x	$52.86 Million
The Erawan Group Public Company Limited (ERW)	$3.71 Billion	2.85%	2.46x	$359.48 Million
Grande Asset Hotels and Property Public Company Limited (GRAND)	$4.16 Billion	-7.26%	2.49x	$8.73 Million
Laguna Resorts & Hotels Public Company Limited (LRH)	$7.17 Billion	5.16%	0.13x	$175.34 Million
Mandarin Hotel Public Company Limited (MANRIN)	$610.50 Million	9.79%	0.02x	$19.37 Million
Minor International Public Company Limited (MINT)	$82.61 Billion	5.19%	3.34x	$3.66 Billion
OHTL Public Company Limited (OHTL)	$1.20 Billion	11.28%	1.18x	$132.71 Million
Royal Orchid Hotel (Thailand) Public Company Limited (ROH)	$663.25 Million	-23.32%	0.38x	$35.41 Million
Shangri-La Hotel Public Company Limited (SHANG)	$8.64 Billion	7.46%	0.07x	$184.37 Million

About Bound and Beyond PCL

BK:BEYOND Thailand Lodging

Market Cap

$76.85 Million

฿2.47 Billion THB

Market Cap Rank

#20203 Global

#306 in Thailand

Share Price

฿8.50

Change (1 day)

+2.41%

52-Week Range

฿4.90 - ฿8.85

All Time High

฿28.45