B GRIMM POWER PCL-NVDR

BK:BGRIM-R Thailand Utilities - Independent Power Producers
Market Cap
$1.01 Billion
฿35.19 Billion THB
Market Cap Rank
#12737 Global
#74 in Thailand
Share Price
฿13.50
Change (1 day)
+5.47%
52-Week Range
฿9.20 - ฿13.50
All Time High
฿63.39
Categories
Companies in Thailand Utilities - Independent Power Producers
About

B.Grimm Power Public Company Limited, an energy company, with its subsidiaries, engages in the development, financing, construction, and operation of green-field power plants in Thailand and internationally. It operates in two segments, Electricity Generating and Other Businesses. The Electricity Generation segment generates and distributes electricity for the government sectors and industrial us… Read more

B GRIMM POWER PCL-NVDR (BGRIM-R) - Net Assets

Latest net assets as of September 2024: ฿51.20 Billion THB

Based on the latest financial reports, B GRIMM POWER PCL-NVDR (BGRIM-R) has net assets worth ฿51.20 Billion THB as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿175.42 Billion) and total liabilities (฿124.22 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 ฿51.20 Billion
% of Total Assets 29.19%
Annual Growth Rate 16.76%
5-Year Change 36.26%
10-Year Change 376.13%
Growth Volatility 41.7

B GRIMM POWER PCL-NVDR - Net Assets Trend (2013–2023)

This chart illustrates how B GRIMM POWER PCL-NVDR's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for B GRIMM POWER PCL-NVDR (2013–2023)

The table below shows the annual net assets of B GRIMM POWER PCL-NVDR from 2013 to 2023.

Year Net Assets Change
2023-12-31 ฿52.70 Billion +24.98%
2022-12-31 ฿42.17 Billion +3.31%
2021-12-31 ฿40.82 Billion +3.85%
2020-12-31 ฿39.30 Billion +1.62%
2019-12-31 ฿38.68 Billion +39.43%
2018-12-31 ฿27.74 Billion +7.75%
2017-12-31 ฿25.74 Billion +123.20%
2016-12-31 ฿11.53 Billion +62.68%
2015-12-31 ฿7.09 Billion -35.95%
2014-12-31 ฿11.07 Billion -1.11%
2013-12-31 ฿11.19 Billion --

Equity Component Analysis

This analysis shows how different components contribute to B GRIMM POWER PCL-NVDR'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 144.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings ฿5.64 Billion 14.78%
Common Stock ฿5.21 Billion 13.67%
Other Comprehensive Income ฿17.63 Billion 46.25%
Other Components ฿9.64 Billion 25.29%
Total Equity ฿38.13 Billion 100.00%

B GRIMM POWER PCL-NVDR Competitors by Market Cap

The table below lists competitors of B GRIMM POWER PCL-NVDR ranked by their market capitalization.

Company Market Cap
Taihe Technologies
SHE:300801
 		$305.83 Million
Topkey Corp
TW:4536
 		$305.91 Million
Turaco Gold Ltd
AU:TCG
 		$305.92 Million
Latitude Group Holdings Ltd
AU:LFS
 		$305.96 Million
Liuzhou Chemical Industry Co Ltd
SHG:600423
 		$305.74 Million
Jiangsu WELLE Environmental Co Ltd
SHE:300190
 		$305.70 Million
K-Bro Linen Inc.
TO:KBL
 		$305.68 Million
Volex plc
PINK:VLXGF
 		$305.63 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in B GRIMM POWER PCL-NVDR's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 29,727,559,497 to 38,128,073,343, a change of 8,400,513,846 (28.3%).
  • Net income of 1,884,600,460 contributed positively to equity growth.
  • Dividend payments of 560,483,500 reduced retained earnings.
  • Share repurchases of 211,668,891 reduced equity.
  • Other comprehensive income increased equity by 17,048,597,405.
  • Other factors decreased equity by 9,760,531,628.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income ฿1.88 Billion +4.94%
Dividends Paid ฿560.48 Million -1.47%
Share Repurchases ฿211.67 Million -0.56%
Other Comprehensive Income ฿17.05 Billion +44.71%
Other Changes ฿-9.76 Billion -25.6%
Total Change ฿- 28.26%

Book Value vs Market Value Analysis

This analysis compares B GRIMM POWER PCL-NVDR'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: 0.92x
  • 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 8.41x to 0.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 ฿1.61 ฿13.50 x
2014-12-31 ฿1.73 ฿13.50 x
2015-12-31 ฿1.43 ฿13.50 x
2016-12-31 ฿3.08 ฿13.50 x
2017-12-31 ฿8.43 ฿13.50 x
2018-12-31 ฿7.39 ฿13.50 x
2019-12-31 ฿10.80 ฿13.50 x
2020-12-31 ฿10.54 ฿13.50 x
2021-12-31 ฿11.31 ฿13.50 x
2022-12-31 ฿11.40 ฿13.50 x
2023-12-31 ฿14.63 ฿13.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently B GRIMM POWER PCL-NVDR 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): 4.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.30%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 4.64x
  • Recent ROE (4.94%) is below the historical average (8.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -0.42% -0.09% 0.40x 11.16x ฿-320.09 Million
2014 6.95% 1.16% 0.43x 14.03x ฿-100.67 Million
2015 1.32% 0.15% 0.38x 22.88x ฿-238.16 Million
2016 23.39% 4.97% 0.36x 12.89x ฿790.23 Million
2017 11.40% 6.76% 0.35x 4.78x ฿261.39 Million
2018 9.68% 5.09% 0.36x 5.23x ฿-62.54 Million
2019 14.13% 9.01% 0.36x 4.32x ฿1.16 Billion
2020 13.67% 8.52% 0.34x 4.76x ฿1.01 Billion
2021 11.60% 7.33% 0.31x 5.06x ฿470.08 Million
2022 -3.02% -1.44% 0.37x 5.74x ฿-3.87 Billion
2023 4.94% 3.30% 0.32x 4.64x ฿-1.93 Billion

Industry Comparison

This section compares B GRIMM POWER PCL-NVDR's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.

Industry Context

  • Industry: Utilities - Independent Power Producers
  • Average net assets among peers: $22,568,555,722
  • Average return on equity (ROE) among peers: 9.29%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
B GRIMM POWER PCL-NVDR (BGRIM-R) ฿51.20 Billion -0.42% 2.43x $305.79 Million
B.Grimm Power Public Company Limited (BGRIM) $39.30 Billion 9.55% 2.33x $264.68 Million
BANPU POWER (BPP-R) $41.18 Billion 9.26% 0.25x $144.89 Million
CK Power Public Company Limited (CKP-R) $35.04 Billion 1.16% 0.91x $184.04 Million
Electricity Generating Public Company Limited (EGCO) $32.11 Billion 12.74% 0.91x $766.57 Million
Green Tech Ventures PCL (GTV) $3.21 Billion -0.38% 0.47x $13.99 Million
Gulf Energy Development Public Company Limited (GULF) $39.35 Billion 8.77% 1.56x $7.28 Billion
Gunkul Engineering Public Company Limited (GUNKUL) $3.36 Billion 16.23% 1.16x $227.26 Million
Nava Nakorn Public Company Limited (NNCL) $2.04 Billion 16.18% 0.66x $24.00 Million
Rojana Industrial Park Public Company Limited (ROJNA) $7.52 Billion 10.07% 1.76x $92.64 Million