Bangkok Ranch PCL (BR) - Net Assets
Based on the latest financial reports, Bangkok Ranch PCL (BR) has net assets worth ฿4.89 Billion THB (≈ $152.42 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 (฿10.15 Billion ≈ $316.26 Million USD) and total liabilities (฿5.26 Billion ≈ $163.85 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. Check BR asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿4.89 Billion |
| % of Total Assets | 48.19% |
| Annual Growth Rate | 6.47% |
| 5-Year Change | 16.65% |
| 10-Year Change | 0.9% |
| Growth Volatility | 27.44 |
Bangkok Ranch PCL - Net Assets Trend (2000–2024)
This chart illustrates how Bangkok Ranch PCL's net assets have evolved over time, based on quarterly financial data. Also explore BR total assets for the complete picture of this company's asset base.
Annual Net Assets for Bangkok Ranch PCL (2000–2024)
The table below shows the annual net assets of Bangkok Ranch PCL from 2000 to 2024. For live valuation and market cap data, see BR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.74 Billion ≈ $147.87 Million |
+0.13% |
| 2023-12-31 | ฿4.74 Billion ≈ $147.68 Million |
+7.48% |
| 2022-12-31 | ฿4.41 Billion ≈ $137.40 Million |
+9.29% |
| 2021-12-31 | ฿4.03 Billion ≈ $125.72 Million |
-0.83% |
| 2020-12-31 | ฿4.07 Billion ≈ $126.76 Million |
-2.61% |
| 2019-12-31 | ฿4.18 Billion ≈ $130.15 Million |
-9.64% |
| 2018-12-31 | ฿4.62 Billion ≈ $144.03 Million |
-4.47% |
| 2017-12-31 | ฿4.84 Billion ≈ $150.78 Million |
+8.34% |
| 2016-12-31 | ฿4.46 Billion ≈ $139.17 Million |
-5.04% |
| 2015-12-31 | ฿4.70 Billion ≈ $146.55 Million |
+115.98% |
| 2014-12-31 | ฿2.18 Billion ≈ $67.86 Million |
+41.75% |
| 2013-12-31 | ฿1.54 Billion ≈ $47.87 Million |
-17.47% |
| 2008-12-31 | ฿1.86 Billion ≈ $58.00 Million |
+12.49% |
| 2007-12-31 | ฿1.65 Billion ≈ $51.56 Million |
+2.54% |
| 2006-12-31 | ฿1.61 Billion ≈ $50.28 Million |
-8.61% |
| 2005-12-31 | ฿1.77 Billion ≈ $55.02 Million |
+9.10% |
| 2004-12-31 | ฿1.62 Billion ≈ $50.43 Million |
-4.23% |
| 2003-12-31 | ฿1.69 Billion ≈ $52.66 Million |
+13.50% |
| 2002-12-31 | ฿1.49 Billion ≈ $46.39 Million |
+25.18% |
| 2001-12-31 | ฿1.19 Billion ≈ $37.06 Million |
+12.82% |
| 2000-12-31 | ฿1.05 Billion ≈ $32.85 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Bangkok Ranch PCL'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 683.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿3.59 Billion | 75.57% |
| Common Stock | ฿4.57 Billion | 96.21% |
| Other Comprehensive Income | ฿282.97 Million | 5.96% |
| Total Equity | ฿4.75 Billion | 100.00% |
Bangkok Ranch PCL Competitors by Market Cap
The table below lists competitors of Bangkok Ranch PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eternit S.A
SA:ETER3
|
$47.27 Million |
|
OptimumBank Holdings, Inc.
NASDAQ:OPHC
|
$47.29 Million |
|
TagMaster AB Series B
ST:TAGM-B
|
$47.29 Million |
|
ENERGY S.P.A.
F:S2I
|
$47.29 Million |
|
Airtime Partecipazioni SpA
PA:ALMEX
|
$47.25 Million |
|
OT Logistics S.A
WAR:OTS
|
$47.23 Million |
|
Goldbank Mining Corp
V:GLB
|
$47.20 Million |
|
Elton International Trading Company S.A
AT:ELTON
|
$47.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bangkok Ranch PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,737,570,703 to 4,747,281,801, a change of 9,711,098 (0.2%).
- Net income of 121,479,530 contributed positively to equity growth.
- Other comprehensive income increased equity by 29,987,040.
- Other factors decreased equity by 141,755,472.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿121.48 Million | +2.56% |
| Other Comprehensive Income | ฿29.99 Million | +0.63% |
| Other Changes | ฿-141.76 Million | -2.99% |
| Total Change | ฿- | 0.20% |
Book Value vs Market Value Analysis
This analysis compares Bangkok Ranch PCL'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: 0.32x
- 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 increased from 0.09x to 0.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿19.33 | ฿1.66 | x |
| 2005-12-31 | ฿21.00 | ฿1.66 | x |
| 2006-12-31 | ฿18.72 | ฿1.66 | x |
| 2007-12-31 | ฿19.19 | ฿1.66 | x |
| 2008-12-31 | ฿21.58 | ฿1.66 | x |
| 2013-12-31 | ฿2.24 | ฿1.66 | x |
| 2014-12-31 | ฿3.17 | ฿1.66 | x |
| 2015-12-31 | ฿5.91 | ฿1.66 | x |
| 2016-12-31 | ฿4.82 | ฿1.66 | x |
| 2017-12-31 | ฿5.32 | ฿1.66 | x |
| 2018-12-31 | ฿5.06 | ฿1.66 | x |
| 2019-12-31 | ฿4.58 | ฿1.66 | x |
| 2020-12-31 | ฿4.46 | ฿1.66 | x |
| 2021-12-31 | ฿4.42 | ฿1.66 | x |
| 2022-12-31 | ฿4.82 | ฿1.66 | x |
| 2023-12-31 | ฿5.19 | ฿1.66 | x |
| 2024-12-31 | ฿5.20 | ฿1.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bangkok Ranch PCL 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): 2.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.64%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.21x
- Recent ROE (2.56%) is below the historical average (9.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -4.40% | -3.12% | 1.00x | 1.41x | ฿-232.97 Million |
| 2005 | 20.91% | 10.23% | 1.49x | 1.37x | ฿192.56 Million |
| 2006 | 28.70% | 11.40% | 1.70x | 1.48x | ฿301.72 Million |
| 2007 | 13.73% | 4.41% | 1.28x | 2.43x | ฿61.65 Million |
| 2008 | 17.61% | 5.04% | 1.48x | 2.36x | ฿141.61 Million |
| 2013 | 11.82% | 4.84% | 0.58x | 4.19x | ฿27.86 Million |
| 2014 | 30.39% | 7.79% | 1.33x | 2.93x | ฿443.41 Million |
| 2015 | 11.71% | 7.12% | 1.07x | 1.54x | ฿80.49 Million |
| 2016 | 4.77% | 2.63% | 0.94x | 1.93x | ฿-233.29 Million |
| 2017 | 11.46% | 6.27% | 0.96x | 1.91x | ฿70.55 Million |
| 2018 | 4.14% | 2.35% | 0.79x | 2.24x | ฿-270.64 Million |
| 2019 | -6.66% | -3.68% | 0.71x | 2.56x | ฿-696.15 Million |
| 2020 | -3.14% | -2.07% | 0.56x | 2.70x | ฿-535.47 Million |
| 2021 | -1.40% | -0.78% | 0.67x | 2.68x | ฿-459.82 Million |
| 2022 | 8.76% | 4.53% | 0.80x | 2.41x | ฿-54.81 Million |
| 2023 | 6.34% | 3.75% | 0.74x | 2.27x | ฿-173.39 Million |
| 2024 | 2.56% | 1.64% | 0.70x | 2.21x | ฿-353.25 Million |
Industry Comparison
This section compares Bangkok Ranch PCL's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $5,355,149,885
- Average return on equity (ROE) among peers: 10.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bangkok Ranch PCL (BR) | ฿4.89 Billion | -4.40% | 1.07x | $47.26 Million |
| Ai Energy Public Company Limited (AIE) | $2.02 Billion | 1.08% | 0.23x | $50.04 Million |
| Agripure Holdings Public Company Limited (APURE) | $1.65 Billion | 7.23% | 0.10x | $61.43 Million |
| Charoen Pokphand Foods Public Company Limited (CPF) | $26.75 Billion | 9.75% | 1.14x | $4.65 Billion |
| Chumporn Palm Oil Industry Public Company Limited (CPI) | $1.77 Billion | -0.92% | 1.70x | $67.06 Million |
| Lam Soon (Thailand) Public Company Limited (LST) | $3.96 Billion | 9.64% | 0.30x | $118.59 Million |
| Thaifoods Group Public Company Limited (TFG) | $3.90 Billion | 23.66% | 2.41x | $1.82 Billion |
| Thaifoods Group Public Company Limited (TFG-R) | $3.90 Billion | 23.66% | 2.41x | $907.52 Million |
| T S Flour Mill Public Company Limited (TMILL) | $547.26 Million | 16.45% | 0.88x | $26.84 Million |
| Thai Sugar Terminal Public Company Limited (TSTE) | $3.69 Billion | 4.48% | 0.38x | $120.67 Million |
About Bangkok Ranch PCL
Bangkok Ranch Public Company Limited, together with its subsidiaries, produces and sells duck meat products in Thailand, the Netherlands, Singapore, Hong Kong, and internationally. The company operates duck farms, hatcheries, feed mills, and distribution centers. It offers raw duck portions, including breast fillets, drumsticks, and wings, as well as by-products, such as feet, liver, stomach, nec… Read more