Bumrungrad Hospital Public Company Limited (BH-R) - Net Assets
Based on the latest financial reports, Bumrungrad Hospital Public Company Limited (BH-R) has net assets worth ฿28.96 Billion THB (≈ $902.59 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿33.76 Billion ≈ $1.05 Billion USD) and total liabilities (฿4.80 Billion ≈ $149.65 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 BH-R cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿28.96 Billion |
| % of Total Assets | 85.78% |
| Annual Growth Rate | 15.87% |
| 5-Year Change | 47.59% |
| 10-Year Change | 112.21% |
| Growth Volatility | 14.04 |
Bumrungrad Hospital Public Company Limited - Net Assets Trend (2003–2024)
This chart illustrates how Bumrungrad Hospital Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Bumrungrad Hospital Public Company Limit's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Bumrungrad Hospital Public Company Limited (2003–2024)
The table below shows the annual net assets of Bumrungrad Hospital Public Company Limited from 2003 to 2024. For live valuation and market cap data, see Bumrungrad Hospital Public Company Limit (BH-R) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿27.80 Billion ≈ $866.53 Million |
+16.92% |
| 2023-12-31 | ฿23.78 Billion ≈ $741.13 Million |
+18.86% |
| 2022-12-31 | ฿20.01 Billion ≈ $623.55 Million |
+13.55% |
| 2021-12-31 | ฿17.62 Billion ≈ $549.14 Million |
-6.47% |
| 2020-12-31 | ฿18.84 Billion ≈ $587.12 Million |
-7.05% |
| 2019-12-31 | ฿20.27 Billion ≈ $631.65 Million |
+8.11% |
| 2018-12-31 | ฿18.74 Billion ≈ $584.25 Million |
+12.21% |
| 2017-12-31 | ฿16.70 Billion ≈ $520.68 Million |
+12.96% |
| 2016-12-31 | ฿14.79 Billion ≈ $460.93 Million |
+12.88% |
| 2015-12-31 | ฿13.10 Billion ≈ $408.33 Million |
+16.35% |
| 2014-12-31 | ฿11.26 Billion ≈ $350.96 Million |
+17.33% |
| 2013-12-31 | ฿9.60 Billion ≈ $299.13 Million |
+14.42% |
| 2012-12-31 | ฿8.39 Billion ≈ $261.43 Million |
+24.56% |
| 2011-12-31 | ฿6.73 Billion ≈ $209.89 Million |
+10.95% |
| 2010-12-31 | ฿6.07 Billion ≈ $189.18 Million |
+10.91% |
| 2009-12-31 | ฿5.47 Billion ≈ $170.58 Million |
+12.48% |
| 2008-12-31 | ฿4.87 Billion ≈ $151.65 Million |
+11.87% |
| 2007-12-31 | ฿4.35 Billion ≈ $135.56 Million |
+19.86% |
| 2006-12-31 | ฿3.63 Billion ≈ $113.10 Million |
+34.60% |
| 2005-12-31 | ฿2.70 Billion ≈ $84.03 Million |
+30.85% |
| 2004-12-31 | ฿2.06 Billion ≈ $64.21 Million |
+63.57% |
| 2003-12-31 | ฿1.26 Billion ≈ $39.26 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bumrungrad Hospital 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 2675333324000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿26.07 Billion | 94.86% |
| Other Components | ฿1.41 Billion | 5.14% |
| Total Equity | ฿27.49 Billion | 100.00% |
Bumrungrad Hospital Public Company Limited Competitors by Market Cap
The table below lists competitors of Bumrungrad Hospital Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TECO Electric & Machinery Co Ltd
TW:1504
|
$4.61 Billion |
|
Hubei Energy Group Co Ltd
SHE:000883
|
$4.61 Billion |
|
Kalyan Jewellers India Limited
NSE:KALYANKJIL
|
$4.61 Billion |
|
AGL Energy Ltd
AU:AGL
|
$4.61 Billion |
|
Skshu Paint Co Ltd
SHG:603737
|
$4.61 Billion |
|
Laureate Education Inc
NASDAQ:LAUR
|
$4.60 Billion |
|
Golar LNG Limited
NASDAQ:GLNG
|
$4.59 Billion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
$4.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bumrungrad Hospital Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,481,128,648 to 27,487,679,879, a change of 4,006,551,231 (17.1%).
- Net income of 7,774,725,876 contributed positively to equity growth.
- Dividend payments of 4,101,253,278 reduced retained earnings.
- Other comprehensive income increased equity by 160,860,973.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿7.77 Billion | +28.28% |
| Dividends Paid | ฿4.10 Billion | -14.92% |
| Other Comprehensive Income | ฿160.86 Million | +0.59% |
| Other Changes | ฿172.22 Million | +0.63% |
| Total Change | ฿- | 17.06% |
Book Value vs Market Value Analysis
This analysis compares Bumrungrad Hospital 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: 5.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 128.75x to 5.38x 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 | ฿1.44 | ฿186.00 | x |
| 2004-12-31 | ฿2.39 | ฿186.00 | x |
| 2005-12-31 | ฿3.01 | ฿186.00 | x |
| 2006-12-31 | ฿4.18 | ฿186.00 | x |
| 2007-12-31 | ฿5.01 | ฿186.00 | x |
| 2008-12-31 | ฿5.61 | ฿186.00 | x |
| 2009-12-31 | ฿6.31 | ฿186.00 | x |
| 2010-12-31 | ฿7.00 | ฿186.00 | x |
| 2011-12-31 | ฿7.76 | ฿186.00 | x |
| 2012-12-31 | ฿9.67 | ฿186.00 | x |
| 2013-12-31 | ฿11.06 | ฿186.00 | x |
| 2014-12-31 | ฿12.55 | ฿186.00 | x |
| 2015-12-31 | ฿14.68 | ฿186.00 | x |
| 2016-12-31 | ฿16.69 | ฿186.00 | x |
| 2017-12-31 | ฿18.91 | ฿186.00 | x |
| 2018-12-31 | ฿21.28 | ฿186.00 | x |
| 2019-12-31 | ฿23.03 | ฿186.00 | x |
| 2020-12-31 | ฿21.36 | ฿186.00 | x |
| 2021-12-31 | ฿19.93 | ฿186.00 | x |
| 2022-12-31 | ฿22.72 | ฿186.00 | x |
| 2023-12-31 | ฿27.07 | ฿186.00 | x |
| 2024-12-31 | ฿34.58 | ฿186.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bumrungrad Hospital 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): 28.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.23%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.19x
- Recent ROE (28.28%) is above the historical average (27.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 53.78% | 14.43% | 1.04x | 3.60x | ฿542.55 Million |
| 2004 | 45.36% | 16.09% | 1.16x | 2.44x | ฿728.53 Million |
| 2005 | 40.25% | 15.47% | 1.19x | 2.19x | ฿791.22 Million |
| 2006 | 30.20% | 13.88% | 1.19x | 1.83x | ฿732.85 Million |
| 2007 | 36.92% | 17.06% | 1.26x | 1.72x | ฿1.17 Billion |
| 2008 | 24.48% | 13.41% | 1.10x | 1.67x | ฿704.51 Million |
| 2009 | 22.76% | 13.34% | 1.09x | 1.57x | ฿698.39 Million |
| 2010 | 20.73% | 12.50% | 1.10x | 1.51x | ฿651.55 Million |
| 2011 | 23.59% | 14.42% | 0.82x | 2.00x | ฿914.86 Million |
| 2012 | 31.79% | 20.54% | 0.82x | 1.89x | ฿1.83 Billion |
| 2013 | 26.27% | 17.57% | 0.83x | 1.80x | ฿1.56 Billion |
| 2014 | 25.09% | 17.47% | 0.82x | 1.76x | ฿1.64 Billion |
| 2015 | 26.98% | 19.46% | 0.83x | 1.67x | ฿2.16 Billion |
| 2016 | 25.05% | 20.24% | 0.84x | 1.47x | ฿2.18 Billion |
| 2017 | 24.04% | 21.50% | 0.78x | 1.43x | ฿2.30 Billion |
| 2018 | 22.50% | 22.66% | 0.74x | 1.34x | ฿2.31 Billion |
| 2019 | 18.76% | 20.29% | 0.71x | 1.31x | ฿1.75 Billion |
| 2020 | 6.50% | 9.74% | 0.51x | 1.31x | ฿-649.02 Million |
| 2021 | 7.03% | 9.76% | 0.60x | 1.21x | ฿-512.93 Million |
| 2022 | 25.06% | 23.83% | 0.85x | 1.23x | ฿2.97 Billion |
| 2023 | 29.84% | 27.43% | 0.87x | 1.24x | ฿4.66 Billion |
| 2024 | 28.28% | 30.23% | 0.79x | 1.19x | ฿5.03 Billion |
Industry Comparison
This section compares Bumrungrad Hospital 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: $10,327,103,644
- Average return on equity (ROE) among peers: 11.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bumrungrad Hospital Public Company Limited (BH-R) | ฿28.96 Billion | 53.78% | 0.17x | $4.61 Billion |
| Aikchol Hospital Public Company Limited (AHC) | $1.02 Billion | 16.94% | 0.16x | $64.48 Million |
| Bangkok Chain Hospital Public Company Limited (BCH) | $3.12 Billion | 15.21% | 0.34x | $722.94 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $5.34 Billion | 14.11% | 0.98x | $1.03 Billion |
| Bangkok Dusit Medical Services Public Company Limited (BDMS) | $73.44 Billion | 12.52% | 0.82x | $9.06 Billion |
| Bumrungrad Hospital PCL (BH) | $196.50 Million | 0.00% | 16.07x | $4.47 Billion |
| Chularat Hospital Public Company Limited (CHG) | $3.22 Billion | 17.51% | 0.40x | $490.29 Million |
| Chularat Hospital Public Company Limited (CHG-R) | $2.80 Billion | 17.14% | 0.16x | $589.72 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $3.42 Billion | 11.31% | 0.63x | $163.69 Million |
| Dental Corporation Public Company Limited (D) | $389.04 Million | -4.01% | 1.77x | $30.08 Million |
About Bumrungrad Hospital Public Company Limited
Bumrungrad Hospital Public Company Limited owns and operates hospitals in Thailand and internationally. It offers services in the areas of allergy, arrhythmia, behavioural health, breast, home, heart valve, robotic surgery, rehabilitation, spine, paediatrics, colorectal surgery, complex coronary artery intervention, comprehensive sleep, cornea transplant, dental, diagnostic, dialysis, radiology a… Read more