Bangkok Dec-Con Public Company Limited

BK:BKD Thailand Furnishings, Fixtures & Appliances
Market Cap
$34.14 Million
฿1.18 Billion THB
Market Cap Rank
#29471 Global
#572 in Thailand
Share Price
฿1.10
Change (1 day)
+1.85%
52-Week Range
฿0.98 - ฿1.28
All Time High
฿3.86
Categories
Companies in Thailand Furnishings, Fixtures & Appliances
About

Bangkok Dec-Con Public Company Limited manufactures, trades in, and interior decorates furniture in Thailand and internationally. The company provides its products and services to condominiums, hotels, office buildings, department stores, universities, hospitals, and government buildings. The company was founded in 1985 and is based in Bang Bua Thong, Thailand.

Bangkok Dec-Con Public Company Limited (BKD) - Net Assets

Latest net assets as of September 2025: ฿1.56 Billion THB

Based on the latest financial reports, Bangkok Dec-Con Public Company Limited (BKD) has net assets worth ฿1.56 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 (฿2.00 Billion) and total liabilities (฿435.60 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 ฿1.56 Billion
% of Total Assets 78.22%
Annual Growth Rate 14.55%
5-Year Change 16.81%
10-Year Change 102.5%
Growth Volatility 21.58

Bangkok Dec-Con Public Company Limited - Net Assets Trend (2011–2024)

This chart illustrates how Bangkok Dec-Con 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 Bangkok Dec-Con Public Company Limited (2011–2024)

The table below shows the annual net assets of Bangkok Dec-Con Public Company Limited from 2011 to 2024.

Year Net Assets Change
2024-12-31 ฿1.57 Billion +7.68%
2023-12-31 ฿1.46 Billion -3.18%
2022-12-31 ฿1.51 Billion +4.83%
2021-12-31 ฿1.44 Billion +6.88%
2020-12-31 ฿1.34 Billion -12.25%
2019-12-31 ฿1.53 Billion -5.09%
2018-12-31 ฿1.61 Billion +40.79%
2017-12-31 ฿1.15 Billion -0.26%
2016-12-31 ฿1.15 Billion +48.24%
2015-12-31 ฿774.98 Million +24.13%
2014-12-31 ฿624.32 Million +9.76%
2013-12-31 ฿568.82 Million +33.40%
2012-12-31 ฿426.39 Million +58.94%
2011-12-31 ฿268.28 Million --

Equity Component Analysis

This analysis shows how different components contribute to Bangkok Dec-Con 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 6101.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿186.05 Million 11.86%
Common Stock ฿538.11 Million 34.29%
Other Comprehensive Income ฿68.04 Million 4.34%
Other Components ฿777.17 Million 49.52%
Total Equity ฿1.57 Billion 100.00%

Bangkok Dec-Con Public Company Limited Competitors by Market Cap

The table below lists competitors of Bangkok Dec-Con Public Company Limited ranked by their market capitalization.

Company Market Cap
Magle Chemoswed Holding Ab
ST:MAGLE
 		$7.91 Million
GREEN HYDROGEN SYST. DK 1
F:3LUA
 		$7.92 Million
BBI Development SA
WAR:BBD
 		$7.92 Million
Safe Supply Streaming Co Ltd.
OTCQB:SSPLF
 		$7.92 Million
Boldt S.A
BA:BOLT
 		$7.91 Million
INSIG AI PLC LS-01
F:8LF
 		$7.91 Million
Atico Mining Corporation
PINK:ATCMF
 		$7.91 Million
E-H.(CH)ENT. H. DL-00001
F:1VC
 		$7.91 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bangkok Dec-Con Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,457,489,292 to 1,569,361,363, a change of 111,872,071 (7.7%).
  • Net income of 165,682,603 contributed positively to equity growth.
  • Dividend payments of 53,810,532 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿165.68 Million +10.56%
Dividends Paid ฿53.81 Million -3.43%
Total Change ฿- 7.68%

Book Value vs Market Value Analysis

This analysis compares Bangkok Dec-Con 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: 0.87x
  • 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 1.61x to 0.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 ฿0.68 ฿1.10 x
2013-12-31 ฿0.84 ฿1.10 x
2014-12-31 ฿0.71 ฿1.10 x
2015-12-31 ฿0.86 ฿1.10 x
2016-12-31 ฿1.19 ฿1.10 x
2017-12-31 ฿1.16 ฿1.10 x
2018-12-31 ฿1.56 ฿1.10 x
2019-12-31 ฿1.42 ฿1.10 x
2020-12-31 ฿1.25 ฿1.10 x
2021-12-31 ฿1.33 ฿1.10 x
2022-12-31 ฿1.40 ฿1.10 x
2023-12-31 ฿1.35 ฿1.10 x
2024-12-31 ฿1.26 ฿1.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bangkok Dec-Con 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): 10.56%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.98%
  • • Asset Turnover: 0.54x
  • • Equity Multiplier: 1.29x
  • Recent ROE (10.56%) is below the historical average (11.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 37.08% 16.77% 1.48x 1.50x ฿115.48 Million
2013 2.60% 2.47% 0.85x 1.24x ฿-42.09 Million
2014 15.12% 10.76% 1.08x 1.30x ฿31.96 Million
2015 20.52% 13.87% 1.08x 1.36x ฿81.56 Million
2016 6.87% 5.82% 0.80x 1.48x ฿-35.95 Million
2017 29.01% 22.96% 0.85x 1.48x ฿217.78 Million
2018 10.56% 14.66% 0.56x 1.29x ฿9.10 Million
2019 5.59% 11.45% 0.39x 1.24x ฿-67.45 Million
2020 -6.69% -20.56% 0.26x 1.23x ฿-224.18 Million
2021 6.44% 21.12% 0.23x 1.30x ฿-51.17 Million
2022 8.22% 16.02% 0.40x 1.28x ฿-26.81 Million
2023 1.15% 2.02% 0.41x 1.39x ฿-128.99 Million
2024 10.56% 14.98% 0.54x 1.29x ฿8.75 Million

Industry Comparison

This section compares Bangkok Dec-Con Public Company Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

  • Industry: Furnishings, Fixtures & Appliances
  • Average net assets among peers: $1,820,134,033
  • Average return on equity (ROE) among peers: 10.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bangkok Dec-Con Public Company Limited (BKD) ฿1.56 Billion 37.08% 0.28x $7.91 Million
Chic Republic PCL (CHIC) $565.94 Million 9.15% 1.25x $2.14 Million
East Coast Furnitech Public Company Limited (ECF) $344.84 Million 11.83% 2.17x $679.02K
EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) $250.06 Million 34.11% 3.00x $9.48 Million
Fancy Wood Industries Public Company Limited (FANCY) $1.52 Billion 19.09% 0.10x $2.97 Million
Home Pottery Public Company Limited (HPT) $320.77 Million 10.93% 0.14x $4.01 Million
Index Living Mall Public Company Limited (ILM) $4.57 Billion 11.87% 1.69x $36.58 Million
Itthirit Nice Corp. PCL (ITTHI) $133.35 Million 11.28% 0.25x $3.13 Million
Masterkool International Public Company Limited (KOOL) $279.02 Million -30.19% 0.94x $11.74 Million
Kang Yong Electric Public Company Limited (KYE) $8.39 Billion 11.90% 0.26x $44.21 Million