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

Latest as of September 2025: ฿1.56 Billion THB ≈ $48.75 Million USD

Based on the latest financial reports, Bangkok Dec-Con Public Company Limited (BKD) has net assets worth ฿1.56 Billion THB (≈ $48.75 Million USD) 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 ≈ $62.33 Million USD) and total liabilities (฿435.60 Million ≈ $13.58 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. Also explore Bangkok Dec-Con Public Company Limited (BKD) total assets for the complete picture of this company's asset base.

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. Check how tangible is Bangkok Dec-Con Public Company Limited's equity to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see Bangkok Dec-Con Public Company Limited stock valuation.

Year	Net Assets	Change
2024-12-31	฿1.57 Billion ≈ $48.92 Million	+7.68%
2023-12-31	฿1.46 Billion ≈ $45.43 Million	-3.18%
2022-12-31	฿1.51 Billion ≈ $46.92 Million	+4.83%
2021-12-31	฿1.44 Billion ≈ $44.76 Million	+6.88%
2020-12-31	฿1.34 Billion ≈ $41.88 Million	-12.25%
2019-12-31	฿1.53 Billion ≈ $47.72 Million	-5.09%
2018-12-31	฿1.61 Billion ≈ $50.28 Million	+40.79%
2017-12-31	฿1.15 Billion ≈ $35.72 Million	-0.26%
2016-12-31	฿1.15 Billion ≈ $35.81 Million	+48.24%
2015-12-31	฿774.98 Million ≈ $24.16 Million	+24.13%
2014-12-31	฿624.32 Million ≈ $19.46 Million	+9.76%
2013-12-31	฿568.82 Million ≈ $17.73 Million	+33.40%
2012-12-31	฿426.39 Million ≈ $13.29 Million	+58.94%
2011-12-31	฿268.28 Million ≈ $8.36 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
Mtag Group Berhad KLSE:0213	$38.26 Million
OCA Acquisition Corp NASDAQ:OCAX	$38.26 Million
Enegex Ltd AU:ENX	$38.27 Million
ALPHA EXPLORATION LTD F:J0C	$38.29 Million
Touax SCA PA:TOUP	$38.23 Million
KRONA PUBLIC REAL ESTATE F:927	$38.22 Million
Aspocomp Group Oyj HE:ACG1V	$38.22 Million
Nephros Inc NASDAQ:NEPH	$38.22 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: 0.90x
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 1.67x to 0.90x 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	฿1.14	x
2013-12-31	฿0.84	฿1.14	x
2014-12-31	฿0.71	฿1.14	x
2015-12-31	฿0.86	฿1.14	x
2016-12-31	฿1.19	฿1.14	x
2017-12-31	฿1.16	฿1.14	x
2018-12-31	฿1.56	฿1.14	x
2019-12-31	฿1.42	฿1.14	x
2020-12-31	฿1.25	฿1.14	x
2021-12-31	฿1.33	฿1.14	x
2022-12-31	฿1.40	฿1.14	x
2023-12-31	฿1.35	฿1.14	x
2024-12-31	฿1.26	฿1.14	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: $927,013,114
Average return on equity (ROE) among peers: 5.32%

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	$38.24 Million
East Coast Furnitech Public Company Limited (ECF)	$162.82 Million	18.57%	4.41x	$2.00 Million
Fancy Wood Industries Public Company Limited (FANCY)	$1.18 Billion	-6.34%	0.18x	$4.22 Million
Home Pottery Public Company Limited (HPT)	$320.77 Million	10.93%	0.14x	$6.81 Million
Masterkool International Public Company Limited (KOOL)	$1.48 Billion	4.76%	0.32x	$20.55 Million
Kang Yong Electric Public Company Limited (KYE)	$2.20 Billion	9.63%	0.68x	$182.68 Million
Modernform Group Public Company Limited (MODERN)	$2.11 Billion	13.28%	0.40x	$42.50 Million
Ocean Glass Public Company Limited (OGC)	$1.43 Billion	-2.96%	1.42x	$6.05 Million
Rockworth Public Company Limited (ROCK)	$113.99 Million	0.00%	4.44x	$6.48 Million
Siam Steel International Public Company Limited (SIAM)	$-644.53 Million	0.00%	0.00x	$14.42 Million

About Bangkok Dec-Con Public Company Limited

BK:BKD Thailand Furnishings, Fixtures & Appliances

Market Cap

$38.24 Million

฿1.23 Billion THB

Market Cap Rank

#22903 Global

#417 in Thailand

Share Price

฿1.14

Change (1 day)

-0.87%

52-Week Range

฿0.98 - ฿1.24

All Time High

฿3.86