BGT Corporation Public Company Limited
BGT Corporation Public Company Limited engages in the retail of ready-to-wear apparel and related accessories in Thailand. It provides suitcases, wallets, caps, sport products, and water recreation products; men's and women's swimwear products; hoodies and jackets, T-shirts and tops, polos, joggers, pants, and shorts; accessories, including caps and hats, backpacks, crossbody bags, tote bags, and… Read more
BGT Corporation Public Company Limited (BGT) - Net Assets
Latest net assets as of September 2025: ฿304.52 Million THB
Based on the latest financial reports, BGT Corporation Public Company Limited (BGT) has net assets worth ฿304.52 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿653.04 Million) and total liabilities (฿348.52 Million). 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 | ฿304.52 Million |
| % of Total Assets | 46.63% |
| Annual Growth Rate | 7.7% |
| 5-Year Change | -20.57% |
| 10-Year Change | -23.28% |
| Growth Volatility | 34.69 |
BGT Corporation Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how BGT Corporation 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 BGT Corporation Public Company Limited (2006–2024)
The table below shows the annual net assets of BGT Corporation Public Company Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿328.68 Million | -2.27% |
| 2023-12-31 | ฿336.31 Million | -12.82% |
| 2022-12-31 | ฿385.78 Million | -2.69% |
| 2021-12-31 | ฿396.42 Million | -4.20% |
| 2020-12-31 | ฿413.79 Million | -7.22% |
| 2019-12-31 | ฿445.98 Million | -8.60% |
| 2018-12-31 | ฿487.93 Million | -2.20% |
| 2017-12-31 | ฿498.91 Million | +6.05% |
| 2016-12-31 | ฿470.43 Million | +9.81% |
| 2015-12-31 | ฿428.42 Million | -0.45% |
| 2014-12-31 | ฿430.36 Million | -0.09% |
| 2013-12-31 | ฿430.73 Million | +5.83% |
| 2012-12-31 | ฿407.02 Million | +9.41% |
| 2011-12-31 | ฿372.01 Million | +15.70% |
| 2010-12-31 | ฿321.54 Million | +18.80% |
| 2009-12-31 | ฿270.67 Million | +16.64% |
| 2008-12-31 | ฿232.05 Million | +7.53% |
| 2007-12-31 | ฿215.79 Million | +149.45% |
| 2006-12-31 | ฿86.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BGT Corporation 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 97.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿52.32 Million | 15.92% |
| Common Stock | ฿181.76 Million | 55.30% |
| Other Comprehensive Income | ฿20.62 Million | 6.27% |
| Other Components | ฿73.98 Million | 22.51% |
| Total Equity | ฿328.68 Million | 100.00% |
BGT Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of BGT Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mamba Exploration Ltd
AU:M24
|
$1.61 Million |
|
BIOGEN (IDP.SG)
STU:IDP
|
$1.61 Million |
|
China Pharma Holdings Inc
NYSE MKT:CPHI
|
$1.61 Million |
|
PT Rohartindo Nusantara Luas T
JK:TOOL
|
$1.61 Million |
|
TEXAS INSTRUMENTS - Dusseldorf Stock Exchang
DU:TII
|
$1.61 Million |
|
Playfair Mining Ltd
PINK:PLYFF
|
$1.61 Million |
|
Black Rock Petroleum Co
PINK:BKRP
|
$1.61 Million |
|
LAFARGEHOLCIM MAR
BC:LAFARGEHOLCIM-MAR
|
$1.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BGT Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 336,308,054 to 328,682,383, a change of -7,625,671 (-2.3%).
- Net loss of 8,664,190 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-8.66 Million | -2.64% |
| Other Changes | ฿1.04 Million | +0.32% |
| Total Change | ฿- | -2.27% |
Book Value vs Market Value Analysis
This analysis compares BGT Corporation 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: 0.42x
- 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 1.19x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿0.32 | ฿0.38 | x |
| 2007-12-31 | ฿0.78 | ฿0.38 | x |
| 2008-12-31 | ฿0.65 | ฿0.38 | x |
| 2009-12-31 | ฿1.53 | ฿0.38 | x |
| 2010-12-31 | ฿1.11 | ฿0.38 | x |
| 2011-12-31 | ฿1.16 | ฿0.38 | x |
| 2012-12-31 | ฿1.18 | ฿0.38 | x |
| 2013-12-31 | ฿1.19 | ฿0.38 | x |
| 2014-12-31 | ฿1.17 | ฿0.38 | x |
| 2015-12-31 | ฿1.18 | ฿0.38 | x |
| 2016-12-31 | ฿1.30 | ฿0.38 | x |
| 2017-12-31 | ฿1.37 | ฿0.38 | x |
| 2018-12-31 | ฿1.34 | ฿0.38 | x |
| 2019-12-31 | ฿1.23 | ฿0.38 | x |
| 2020-12-31 | ฿1.14 | ฿0.38 | x |
| 2021-12-31 | ฿1.09 | ฿0.38 | x |
| 2022-12-31 | ฿1.06 | ฿0.38 | x |
| 2023-12-31 | ฿0.93 | ฿0.38 | x |
| 2024-12-31 | ฿0.90 | ฿0.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BGT Corporation 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): -2.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.38%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.30x
- Recent ROE (-2.64%) is below the historical average (5.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 29.75% | 6.78% | 1.57x | 2.79x | ฿17.08 Million |
| 2007 | 18.35% | 8.16% | 1.20x | 1.87x | ฿18.02 Million |
| 2008 | 17.90% | 6.92% | 1.57x | 1.65x | ฿18.34 Million |
| 2009 | 17.18% | 6.97% | 1.48x | 1.66x | ฿19.42 Million |
| 2010 | 19.27% | 7.68% | 1.36x | 1.84x | ฿29.82 Million |
| 2011 | 19.07% | 7.88% | 1.36x | 1.78x | ฿33.76 Million |
| 2012 | 9.54% | 4.13% | 1.22x | 1.89x | ฿-1.86 Million |
| 2013 | 4.70% | 2.30% | 1.24x | 1.66x | ฿-22.60 Million |
| 2014 | -0.69% | -0.35% | 1.18x | 1.65x | ฿-44.84 Million |
| 2015 | 0.91% | 0.52% | 1.13x | 1.55x | ฿-38.93 Million |
| 2016 | 8.42% | 4.69% | 1.18x | 1.52x | ฿-7.45 Million |
| 2017 | 5.87% | 3.47% | 1.26x | 1.34x | ฿-20.59 Million |
| 2018 | -1.58% | -1.08% | 1.18x | 1.24x | ฿-56.50 Million |
| 2019 | -9.42% | -7.19% | 0.99x | 1.32x | ฿-86.63 Million |
| 2020 | -8.65% | -8.60% | 0.39x | 2.61x | ฿-77.18 Million |
| 2021 | -4.38% | -5.06% | 0.34x | 2.56x | ฿-57.01 Million |
| 2022 | -3.00% | -2.25% | 0.62x | 2.14x | ฿-50.15 Million |
| 2023 | -14.71% | -10.31% | 0.63x | 2.25x | ฿-83.10 Million |
| 2024 | -2.64% | -1.38% | 0.83x | 2.30x | ฿-41.53 Million |
Industry Comparison
This section compares BGT Corporation Public Company Limited's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $1,936,578,609
- Average return on equity (ROE) among peers: 5.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BGT Corporation Public Company Limited (BGT) | ฿304.52 Million | 29.75% | 1.14x | $1.61 Million |
| Boutique Newcity Public Company Limited (BTNC) | $462.32 Million | 0.00% | 0.39x | $956.92K |
| FN Factory Outlet Public Company Limited (FN) | $407.19 Million | 12.24% | 1.40x | $2.66 Million |
| I.C.C. International Public Company Limited (ICC) | $6.73 Billion | 3.14% | 0.29x | $60.66 Million |
| Newcity (Bangkok) Public Company Limited (NC) | $145.57 Million | 5.05% | 2.62x | $2.12 Million |