Bangkok Life Assurance Public Company Limited (BLA) - Net Assets

Latest as of September 2025: ฿55.41 Billion THB ≈ $1.73 Billion USD

Based on the latest financial reports, Bangkok Life Assurance Public Company Limited (BLA) has net assets worth ฿55.41 Billion THB (≈ $1.73 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿325.49 Billion ≈ $10.15 Billion USD) and total liabilities (฿270.08 Billion ≈ $8.42 Billion 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 BLA cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿55.41 Billion
% of Total Assets	17.02%
Annual Growth Rate	17.54%
5-Year Change	-85.82%
10-Year Change	78.11%
Growth Volatility	180.81

Bangkok Life Assurance Public Company Limited - Net Assets Trend (2007–2024)

This chart illustrates how Bangkok Life Assurance Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Bangkok Life Assurance Public Company Li for the complete picture of this company's asset base.

Annual Net Assets for Bangkok Life Assurance Public Company Limited (2007–2024)

The table below shows the annual net assets of Bangkok Life Assurance Public Company Limited from 2007 to 2024. For live valuation and market cap data, see BLA stock market capitalisation.

Year	Net Assets	Change
2024-12-31	฿48.07 Billion ≈ $1.50 Billion	+8.19%
2023-12-31	฿44.44 Billion ≈ $1.39 Billion	-0.78%
2022-12-31	฿44.78 Billion ≈ $1.40 Billion	-87.06%
2021-12-31	฿345.96 Billion ≈ $10.78 Billion	+2.06%
2020-12-31	฿338.98 Billion ≈ $10.57 Billion	+1.93%
2019-12-31	฿332.55 Billion ≈ $10.37 Billion	+763.59%
2018-12-31	฿38.51 Billion ≈ $1.20 Billion	-0.66%
2017-12-31	฿38.76 Billion ≈ $1.21 Billion	+16.31%
2016-12-31	฿33.33 Billion ≈ $1.04 Billion	+23.49%
2015-12-31	฿26.99 Billion ≈ $841.27 Million	+5.53%
2014-12-31	฿25.58 Billion ≈ $797.19 Million	+14.88%
2013-12-31	฿22.26 Billion ≈ $693.94 Million	+11.47%
2012-12-31	฿19.97 Billion ≈ $622.54 Million	+48.71%
2011-12-31	฿13.43 Billion ≈ $418.64 Million	+23.03%
2010-12-31	฿10.92 Billion ≈ $340.26 Million	+50.96%
2009-12-31	฿7.23 Billion ≈ $225.40 Million	+139.55%
2008-12-31	฿3.02 Billion ≈ $94.09 Million	-1.98%
2007-12-31	฿3.08 Billion ≈ $95.99 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bangkok Life Assurance 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 5849.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿40.20 Billion	83.63%
Common Stock	฿1.71 Billion	3.55%
Other Comprehensive Income	฿2.80 Billion	5.82%
Other Components	฿3.36 Billion	6.99%
Total Equity	฿48.07 Billion	100.00%

Bangkok Life Assurance Public Company Limited Competitors by Market Cap

The table below lists competitors of Bangkok Life Assurance Public Company Limited ranked by their market capitalization.

Company	Market Cap
Fujian Furi Electronics Co Ltd SHG:600203	$1.06 Billion
Guangxi Guidong Eletric Power Co Ltd SHG:600310	$1.06 Billion
Baota Industry Co Ltd SHE:000595	$1.06 Billion
Bank Artos Indonesia Tbk PT JK:ARTO	$1.06 Billion
AVI Global Trust PLC LSE:AGT	$1.06 Billion
Xiamen Yanjan New Material Co Ltd SHE:300658	$1.06 Billion
Five9 Inc NASDAQ:FIVN	$1.06 Billion
Foxsemicon Integrated Technology Inc TW:3413	$1.06 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 44,434,991,000 to 48,072,187,000, a change of 3,637,196,000 (8.2%).
Net income of 3,623,012,000 contributed positively to equity growth.
Dividend payments of 679,873,000 reduced retained earnings.
Other comprehensive income increased equity by 687,687,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿3.62 Billion	+7.54%
Dividends Paid	฿679.87 Million	-1.41%
Other Comprehensive Income	฿687.69 Million	+1.43%
Other Changes	฿6.37 Million	+0.01%
Total Change	฿-	8.19%

Book Value vs Market Value Analysis

This analysis compares Bangkok Life Assurance 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: 0.71x
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 9.05x to 0.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	฿2.20	฿19.90	x
2008-12-31	฿2.16	฿19.90	x
2009-12-31	฿4.88	฿19.90	x
2010-12-31	฿6.46	฿19.90	x
2011-12-31	฿7.94	฿19.90	x
2012-12-31	฿11.80	฿19.90	x
2013-12-31	฿13.10	฿19.90	x
2014-12-31	฿15.06	฿19.90	x
2015-12-31	฿15.82	฿19.90	x
2016-12-31	฿19.54	฿19.90	x
2017-12-31	฿22.69	฿19.90	x
2018-12-31	฿22.55	฿19.90	x
2019-12-31	฿25.90	฿19.90	x
2020-12-31	฿27.00	฿19.90	x
2021-12-31	฿28.09	฿19.90	x
2022-12-31	฿26.23	฿19.90	x
2023-12-31	฿26.02	฿19.90	x
2024-12-31	฿28.15	฿19.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bangkok Life Assurance 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): 7.54%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.91%
• Asset Turnover: 0.15x
• Equity Multiplier: 6.54x
Recent ROE (7.54%) is below the historical average (14.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	25.00%	5.34%	0.32x	14.42x	฿462.01 Million
2008	24.90%	4.47%	0.33x	17.05x	฿449.85 Million
2009	16.40%	5.23%	0.33x	9.45x	฿462.53 Million
2010	25.62%	9.35%	0.34x	8.13x	฿1.70 Billion
2011	25.44%	9.46%	0.32x	8.37x	฿2.07 Billion
2012	16.44%	8.15%	0.28x	7.15x	฿1.29 Billion
2013	19.68%	9.43%	0.27x	7.74x	฿2.15 Billion
2014	10.41%	4.33%	0.29x	8.43x	฿104.13 Million
2015	15.22%	7.38%	0.22x	9.25x	฿1.41 Billion
2016	15.34%	9.21%	0.20x	8.47x	฿1.78 Billion
2017	9.38%	6.45%	0.18x	7.97x	฿-239.76 Million
2018	12.91%	9.23%	0.17x	8.43x	฿1.12 Billion
2019	9.92%	8.97%	0.15x	7.55x	฿-36.54 Million
2020	3.49%	3.40%	0.14x	7.37x	฿-3.00 Billion
2021	6.66%	6.70%	0.14x	7.24x	฿-1.60 Billion
2022	7.17%	6.67%	0.14x	7.65x	฿-1.27 Billion
2023	5.73%	5.61%	0.14x	7.34x	฿-1.90 Billion
2024	7.54%	7.91%	0.15x	6.54x	฿-1.18 Billion

Industry Comparison

This section compares Bangkok Life Assurance Public Company Limited's net assets metrics with peer companies in the Insurance - Life industry.

No peer company data available for comparison.

About Bangkok Life Assurance Public Company Limited

BK:BLA Thailand Insurance - Life

Market Cap

$1.06 Billion

฿33.98 Billion THB

Market Cap Rank

#8855 Global

#67 in Thailand

Share Price

฿19.90

Change (1 day)

-1.97%

52-Week Range

฿14.20 - ฿22.90

All Time High

฿46.59