Bliss-Tel PLC
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% |
Bliss-Tel PLC Competitors by Market Cap
The table below lists competitors of Bliss-Tel PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Consolidated Capital of North America Inc
PINK:CDNO
|
$8.78 |
|
Gemini Group Global Corp
PINK:GMNI
|
$8.87 |
|
Fifty 1 Labs, Inc.
PINK:FITY
|
$8.95 |
|
All American Gld Crp
PINK:AAGC
|
$8.97 |
|
Consumer Automotive Finance Inc
PINK:CAFI
|
$8.76 |
|
METADVERTISE EO-10
F:MAV
|
$8.74 |
|
Carroll Shelby International Inc
PINK:CSBI
|
$8.71 |
|
Protext Mobility Inc
PINK:TXTM
|
$8.66 |
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 |