Baan Rock Garden Public Company Limited (BROCK) - Net Assets
Based on the latest financial reports, Baan Rock Garden Public Company Limited (BROCK) has net assets worth ฿1.24 Billion THB (≈ $38.68 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 (฿1.31 Billion ≈ $40.79 Million USD) and total liabilities (฿67.57 Million ≈ $2.11 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 Baan Rock Garden Public Company Limited (BROCK) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.24 Billion |
| % of Total Assets | 94.84% |
| Annual Growth Rate | 1.95% |
| 5-Year Change | -0.33% |
| 10-Year Change | 0.89% |
| Growth Volatility | 7.22 |
Baan Rock Garden Public Company Limited - Net Assets Trend (2005–2024)
This chart illustrates how Baan Rock Garden Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Baan Rock Garden Public Company Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Baan Rock Garden Public Company Limited (2005–2024)
The table below shows the annual net assets of Baan Rock Garden Public Company Limited from 2005 to 2024. For live valuation and market cap data, see Baan Rock Garden Public Company Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.25 Billion ≈ $38.97 Million |
-1.22% |
| 2023-12-31 | ฿1.27 Billion ≈ $39.45 Million |
-1.52% |
| 2022-12-31 | ฿1.29 Billion ≈ $40.06 Million |
+1.07% |
| 2021-12-31 | ฿1.27 Billion ≈ $39.64 Million |
+1.38% |
| 2020-12-31 | ฿1.25 Billion ≈ $39.10 Million |
+1.08% |
| 2019-12-31 | ฿1.24 Billion ≈ $38.68 Million |
-0.34% |
| 2018-12-31 | ฿1.25 Billion ≈ $38.81 Million |
+1.45% |
| 2017-12-31 | ฿1.23 Billion ≈ $38.26 Million |
+0.28% |
| 2016-12-31 | ฿1.22 Billion ≈ $38.15 Million |
-1.23% |
| 2015-12-31 | ฿1.24 Billion ≈ $38.63 Million |
+0.67% |
| 2014-12-31 | ฿1.23 Billion ≈ $38.37 Million |
+1.00% |
| 2013-12-31 | ฿1.22 Billion ≈ $37.99 Million |
-1.24% |
| 2012-12-31 | ฿1.23 Billion ≈ $38.47 Million |
+1.70% |
| 2011-12-31 | ฿1.21 Billion ≈ $37.83 Million |
+0.19% |
| 2010-12-31 | ฿1.21 Billion ≈ $37.75 Million |
-0.11% |
| 2009-12-31 | ฿1.21 Billion ≈ $37.79 Million |
-2.16% |
| 2008-12-31 | ฿1.24 Billion ≈ $38.63 Million |
+3.68% |
| 2007-12-31 | ฿1.20 Billion ≈ $37.25 Million |
+4.50% |
| 2006-12-31 | ฿1.14 Billion ≈ $35.65 Million |
+32.01% |
| 2005-12-31 | ฿866.36 Million ≈ $27.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Baan Rock Garden 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 153.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿165.26 Million | 13.22% |
| Common Stock | ฿1.03 Billion | 81.98% |
| Other Comprehensive Income | ฿26.75 Million | 2.14% |
| Other Components | ฿33.27 Million | 2.66% |
| Total Equity | ฿1.25 Billion | 100.00% |
Baan Rock Garden Public Company Limited Competitors by Market Cap
The table below lists competitors of Baan Rock Garden Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Societe d Exploration Miniere Vior Inc
V:VIO
|
$40.59 Million |
|
Sand Nisko Capital Bhd
KLSE:7943
|
$40.60 Million |
|
LABIANA HEALTH S.A.EO-10
F:8RK
|
$40.60 Million |
|
BMS Celik Hasir Sanayi ve Ticaret AS
IS:BMSCH
|
$40.61 Million |
|
Namuga Co. Ltd
KQ:190510
|
$40.56 Million |
|
SJM Co Ltd
KO:123700
|
$40.56 Million |
|
Elcomtec Co. Ltd
KQ:037950
|
$40.56 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
$40.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baan Rock Garden Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,265,692,569 to 1,250,281,628, a change of -15,410,941 (-1.2%).
- Net loss of 15,765,163 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-15.77 Million | -1.26% |
| Other Changes | ฿354.22K | +0.03% |
| Total Change | ฿- | -1.22% |
Book Value vs Market Value Analysis
This analysis compares Baan Rock Garden 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: 1.04x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.20x to 1.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿1.06 | ฿1.27 | x |
| 2006-12-31 | ฿1.36 | ฿1.27 | x |
| 2007-12-31 | ฿1.17 | ฿1.27 | x |
| 2008-12-31 | ฿1.21 | ฿1.27 | x |
| 2009-12-31 | ฿1.18 | ฿1.27 | x |
| 2010-12-31 | ฿1.18 | ฿1.27 | x |
| 2011-12-31 | ฿1.18 | ฿1.27 | x |
| 2012-12-31 | ฿1.21 | ฿1.27 | x |
| 2013-12-31 | ฿1.57 | ฿1.27 | x |
| 2014-12-31 | ฿1.01 | ฿1.27 | x |
| 2015-12-31 | ฿1.21 | ฿1.27 | x |
| 2016-12-31 | ฿1.12 | ฿1.27 | x |
| 2017-12-31 | ฿1.20 | ฿1.27 | x |
| 2018-12-31 | ฿1.21 | ฿1.27 | x |
| 2019-12-31 | ฿1.21 | ฿1.27 | x |
| 2020-12-31 | ฿1.22 | ฿1.27 | x |
| 2021-12-31 | ฿1.24 | ฿1.27 | x |
| 2022-12-31 | ฿1.25 | ฿1.27 | x |
| 2023-12-31 | ฿1.23 | ฿1.27 | x |
| 2024-12-31 | ฿1.22 | ฿1.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baan Rock Garden 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): -1.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -34.39%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.05x
- Recent ROE (-1.26%) is below the historical average (2.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.69% | 19.56% | 0.30x | 1.14x | ฿-28.67 Million |
| 2006 | 3.95% | 22.01% | 0.17x | 1.04x | ฿-69.14 Million |
| 2007 | 6.82% | 33.09% | 0.20x | 1.05x | ฿-38.01 Million |
| 2008 | 6.78% | 30.08% | 0.22x | 1.04x | ฿-39.89 Million |
| 2009 | 1.51% | 15.41% | 0.10x | 1.03x | ฿-102.98 Million |
| 2010 | 1.13% | 13.11% | 0.08x | 1.02x | ฿-107.42 Million |
| 2011 | 1.06% | 14.96% | 0.07x | 1.02x | ฿-108.51 Million |
| 2012 | 2.48% | 25.89% | 0.09x | 1.02x | ฿-92.76 Million |
| 2013 | -1.27% | -24.29% | 0.05x | 1.03x | ฿-137.39 Million |
| 2014 | 0.99% | 14.88% | 0.06x | 1.03x | ฿-110.97 Million |
| 2015 | 0.67% | 11.74% | 0.06x | 1.02x | ฿-115.67 Million |
| 2016 | 0.45% | 8.82% | 0.05x | 1.02x | ฿-116.94 Million |
| 2017 | 0.28% | 3.84% | 0.07x | 1.03x | ฿-119.27 Million |
| 2018 | 1.46% | 14.19% | 0.10x | 1.04x | ฿-106.39 Million |
| 2019 | 1.31% | 10.65% | 0.12x | 1.02x | ฿-107.88 Million |
| 2020 | 2.74% | 13.82% | 0.19x | 1.04x | ฿-91.01 Million |
| 2021 | 2.99% | 15.29% | 0.19x | 1.04x | ฿-89.15 Million |
| 2022 | 1.86% | 10.90% | 0.16x | 1.04x | ฿-104.66 Million |
| 2023 | -0.72% | -12.56% | 0.06x | 1.02x | ฿-135.63 Million |
| 2024 | -1.26% | -34.39% | 0.03x | 1.05x | ฿-140.79 Million |
Industry Comparison
This section compares Baan Rock Garden Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $13,373,958,933
- Average return on equity (ROE) among peers: -0.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baan Rock Garden Public Company Limited (BROCK) | ฿1.24 Billion | 6.69% | 0.05x | $40.57 Million |
| Areeya Property Public Company Limited (A) | $3.33 Billion | 0.92% | 3.29x | $147.84 Million |
| Amata Corporation Public Company Limited (AMATA) | $18.75 Billion | 5.88% | 1.14x | $738.40 Million |
| Amata Corporation Public Company Limited (AMATA-R) | $24.41 Billion | 9.59% | 0.95x | $605.77 Million |
| Ananda Development Public Company Limited (ANAN) | $18.47 Billion | 3.81% | 1.64x | $45.45 Million |
| AP (Thailand) Public Company Limited (AP) | $43.64 Billion | 11.50% | 0.95x | $843.27 Million |
| Country Group Development Public Company Limited (CGD) | $4.45 Billion | -5.66% | 2.70x | $30.92 Million |
| Chewathai Public Company Limited (CHEWA) | $1.14 Billion | -36.18% | 2.64x | $6.76 Million |
| Charn Issara Development Public Company Limited (CI) | $1.25 Billion | -1.42% | 1.89x | $10.31 Million |
| Eastern Star Real Estate Public Company Limited (ESTAR) | $4.92 Billion | 3.84% | 0.47x | $37.57 Million |
About Baan Rock Garden Public Company Limited
Baan Rock Garden Public Company Limited engages in the real estate development business in Thailand. It develops and sells land and housing, such as duplexes, townhouses, single detached houses, home offices, and commercial buildings under the Baan Rock Garden brand. The company was formerly known as Chucheep South Group, Co., Ltd. Baan Rock Garden Public Company Limited was founded in 1990 and i… Read more