Bliss-Tel PLC

BK:BLISS Thailand Telecom Services
Market Cap
$8.86
฿307.24 THB
Market Cap Rank
#50786 Global
#914 in Thailand
Share Price
฿0.03
Change (1 day)
+0.00%
52-Week Range
--
All Time High
฿0.20
About

Bliss Intelligence Public Company Limited provides and installs infrastructure and telecommunication, and information technology solutions primarily in Thailand. It offers solutions, as well as distributes equipment and services for telecommunication and infrastructure projects for government, public, and private sectors. The company also designs and provides the installation of 3G and 4G/LTE net… Read more

Bliss-Tel PLC (BLISS) - Net Assets

Latest net assets as of September 2024: ฿580.73 Million THB

Based on the latest financial reports, Bliss-Tel PLC (BLISS) has net assets worth ฿580.73 Million THB as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿788.58 Million) and total liabilities (฿207.85 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 ฿580.73 Million
% of Total Assets 73.64%
Annual Growth Rate 3.2%
5-Year Change -56.25%
10-Year Change 188.46%
Growth Volatility 275.18

Bliss-Tel PLC - Net Assets Trend (2003–2023)

This chart illustrates how Bliss-Tel PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Bliss-Tel PLC (2003–2023)

The table below shows the annual net assets of Bliss-Tel PLC from 2003 to 2023.

Year Net Assets Change
2023-12-31 ฿629.55 Million +0.72%
2022-12-31 ฿625.06 Million -19.84%
2021-12-31 ฿779.81 Million +45.78%
2020-12-31 ฿534.91 Million -62.83%
2019-12-31 ฿1.44 Billion -12.04%
2018-12-31 ฿1.64 Billion -0.74%
2017-12-31 ฿1.65 Billion -2.64%
2016-12-31 ฿1.69 Billion +62.59%
2015-12-31 ฿1.04 Billion +377.09%
2014-12-31 ฿218.25 Million +2.25%
2013-12-31 ฿213.45 Million +1086.70%
2012-12-31 ฿17.99 Million -73.69%
2011-12-31 ฿68.37 Million -17.66%
2010-12-31 ฿83.02 Million +569.13%
2009-12-31 ฿12.41 Million -57.18%
2008-12-31 ฿28.97 Million -97.01%
2007-12-31 ฿970.56 Million +145.78%
2006-12-31 ฿394.89 Million -56.47%
2005-12-31 ฿907.21 Million +5.31%
2004-12-31 ฿861.43 Million +156.82%
2003-12-31 ฿335.42 Million --

Equity Component Analysis

This analysis shows how different components contribute to Bliss-Tel PLC'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 decreased by 2029.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Common Stock ฿16.12 Billion 2559.82%
Total Equity ฿629.55 Million 100.00%

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bliss-Tel PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 625,060,597 to 629,547,836, a change of 4,487,239 (0.7%).
  • Net income of 4,487,239 contributed positively to equity growth.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income ฿4.49 Million +0.71%
Total Change ฿- 0.72%

Book Value vs Market Value Analysis

This analysis compares Bliss-Tel PLC'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: 1.58x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.01x to 1.58x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 ฿2.69 ฿0.03 x
2004-12-31 ฿3.22 ฿0.03 x
2005-12-31 ฿1.97 ฿0.03 x
2006-12-31 ฿0.86 ฿0.03 x
2007-12-31 ฿1.60 ฿0.03 x
2008-12-31 ฿0.05 ฿0.03 x
2009-12-31 ฿0.02 ฿0.03 x
2010-12-31 ฿0.18 ฿0.03 x
2011-12-31 ฿0.09 ฿0.03 x
2012-12-31 ฿0.02 ฿0.03 x
2013-12-31 ฿0.07 ฿0.03 x
2014-12-31 ฿0.06 ฿0.03 x
2015-12-31 ฿0.20 ฿0.03 x
2016-12-31 ฿0.23 ฿0.03 x
2017-12-31 ฿0.24 ฿0.03 x
2018-12-31 ฿0.24 ฿0.03 x
2019-12-31 ฿0.21 ฿0.03 x
2020-12-31 ฿0.08 ฿0.03 x
2021-12-31 ฿0.06 ฿0.03 x
2022-12-31 ฿0.02 ฿0.03 x
2023-12-31 ฿0.02 ฿0.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bliss-Tel PLC 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): 0.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.25%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 1.43x
  • Recent ROE (0.71%) is above the historical average (-218.78%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 21.34% 0.97% 5.22x 4.22x ฿38.03 Million
2004 15.06% 1.42% 5.32x 1.99x ฿43.62 Million
2005 12.65% 1.16% 4.64x 2.35x ฿24.06 Million
2006 -115.95% -6.41% 5.59x 3.23x ฿-495.57 Million
2007 36.48% 7.95% 2.56x 1.79x ฿257.02 Million
2008 -3249.68% -37.18% 4.94x 17.71x ฿-944.48 Million
2009 -768.21% -7.47% 3.72x 27.62x ฿-96.56 Million
2010 58.56% 5.30% 3.38x 3.27x ฿40.31 Million
2011 -94.04% -7.91% 3.74x 3.18x ฿-71.13 Million
2012 -280.23% -14.56% 3.99x 4.82x ฿-52.20 Million
2013 13.26% 10.03% 0.77x 1.71x ฿6.96 Million
2014 2.20% 1.19% 0.67x 2.77x ฿-17.02 Million
2015 2.40% 2.96% 0.63x 1.27x ฿-79.14 Million
2016 -9.78% -24.64% 0.30x 1.31x ฿-334.78 Million
2017 -2.77% -11.93% 0.21x 1.10x ฿-210.53 Million
2018 4.46% 27.70% 0.15x 1.10x ฿-90.57 Million
2019 -13.61% -17.78% 0.46x 1.67x ฿-339.82 Million
2020 -169.03% -98.65% 0.47x 3.61x ฿-957.68 Million
2021 -33.71% -97.46% 0.18x 1.90x ฿-340.83 Million
2022 -24.41% -83.58% 0.18x 1.58x ฿-215.08 Million
2023 0.71% 2.25% 0.22x 1.43x ฿-58.47 Million

Industry Comparison

This section compares Bliss-Tel PLC's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $6,644,174,993
  • Average return on equity (ROE) among peers: 23.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bliss-Tel PLC (BLISS) ฿580.73 Million 21.34% 0.36x $8.77
Forth Smart Service Public Company Limited (FSMART) $1.34 Billion 43.74% 1.64x $53.11 Million
Information and Communication Networks Public Company Limited (ICN) $823.37 Million 16.10% 0.66x $20.30 Million
Intouch Holdings Public Company Limited (INTUCH) $37.94 Billion 30.29% 0.32x $1.96 Billion
Jasmine Telecom Systems Public Company Limited (JTS) $1.83 Billion 17.12% 1.23x $338.29 Million
PROEN Corp Public Company Limited (PROEN) $110.06 Million 15.08% 4.59x $7.41 Million
Samart Telcoms Public Company Limited (SAMTEL) $3.18 Billion 26.96% 2.93x $11.63 Million
Symphony Communication Public Company Limited (SYMC) $1.29 Billion 14.07% 1.40x $14.45 Million