Betagro PCL
Betagro Public Company Limited operates in the agro-industrial and food business in Thailand, Southeast Asia, rest of Asia, and internationally. It operates through nine segments: Agro Business, Consumer Food Business, Export Business, Non-Package Meat Products Business, Co & By-Products and Other Food Business, Livestock Business, International Business, Pet Business, and Others. The company pro… Read more
Betagro PCL (BTG) - Net Assets
Latest net assets as of September 2025: ฿32.45 Billion THB
Based on the latest financial reports, Betagro PCL (BTG) has net assets worth ฿32.45 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿70.37 Billion) and total liabilities (฿37.92 Billion). 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 | ฿32.45 Billion |
| % of Total Assets | 46.12% |
| Annual Growth Rate | 7.74% |
| 5-Year Change | 59.15% |
| 10-Year Change | 68.32% |
| Growth Volatility | 26.51 |
Betagro PCL - Net Assets Trend (2013–2024)
This chart illustrates how Betagro PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Betagro PCL (2013–2024)
The table below shows the annual net assets of Betagro PCL from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿27.29 Billion | +7.80% |
| 2023-12-31 | ฿25.31 Billion | -11.69% |
| 2022-12-31 | ฿28.66 Billion | +84.67% |
| 2021-12-31 | ฿15.52 Billion | -9.47% |
| 2020-12-31 | ฿17.15 Billion | +11.39% |
| 2019-12-31 | ฿15.39 Billion | +7.65% |
| 2018-12-31 | ฿14.30 Billion | -10.63% |
| 2017-12-31 | ฿16.00 Billion | -7.16% |
| 2016-12-31 | ฿17.23 Billion | +6.31% |
| 2015-12-31 | ฿16.21 Billion | +2.04% |
| 2014-12-31 | ฿15.89 Billion | +32.26% |
| 2013-12-31 | ฿12.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Betagro 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 decreased by 76.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.53 Billion | 9.34% |
| Other Components | ฿24.56 Billion | 90.66% |
| Total Equity | ฿27.09 Billion | 100.00% |
Betagro PCL Competitors by Market Cap
The table below lists competitors of Betagro PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PolyNovo Limited
PINK:CALZF
|
$368.65 Million |
|
Hana Microelectronics Public Company Limited
PINK:HMICF
|
$368.67 Million |
|
Murapol S.A.
WAR:MUR
|
$368.76 Million |
|
Sunny Loan Top Co Ltd
SHG:600830
|
$368.95 Million |
|
Run Long Construction Co Ltd
TW:1808
|
$368.38 Million |
|
Zhejiang Great Shengda Packaging Co Ltd
SHG:603687
|
$368.21 Million |
|
Maxell Holdings Ltd
F:0H2
|
$368.08 Million |
|
Beijing Hezong Science&Technology Co Ltd
SHE:300477
|
$368.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Betagro PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,134,349,903 to 27,093,667,063, a change of 1,959,317,160 (7.8%).
- Net income of 2,466,159,560 contributed positively to equity growth.
- Dividend payments of 483,694,900 reduced retained earnings.
- Other comprehensive income decreased equity by 823,691,451.
- Other factors increased equity by 800,543,951.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿2.47 Billion | +9.1% |
| Dividends Paid | ฿483.69 Million | -1.79% |
| Other Comprehensive Income | ฿-823.69 Million | -3.04% |
| Other Changes | ฿800.54 Million | +2.95% |
| Total Change | ฿- | 7.80% |
Book Value vs Market Value Analysis
This analysis compares Betagro 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: 1.47x
- 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 0.25x to 1.47x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿83.79 | ฿20.60 | x |
| 2014-12-31 | ฿65.48 | ฿20.60 | x |
| 2015-12-31 | ฿51.61 | ฿20.60 | x |
| 2016-12-31 | ฿55.00 | ฿20.60 | x |
| 2017-12-31 | ฿52.62 | ฿20.60 | x |
| 2018-12-31 | ฿43.19 | ฿20.60 | x |
| 2019-12-31 | ฿7.64 | ฿20.60 | x |
| 2020-12-31 | ฿8.53 | ฿20.60 | x |
| 2021-12-31 | ฿7.88 | ฿20.60 | x |
| 2022-12-31 | ฿14.25 | ฿20.60 | x |
| 2023-12-31 | ฿12.99 | ฿20.60 | x |
| 2024-12-31 | ฿14.00 | ฿20.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Betagro 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): 9.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.16%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 2.51x
- Recent ROE (9.10%) is above the historical average (8.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.45% | 3.73% | 2.25x | 2.91x | ฿1.65 Billion |
| 2014 | 29.34% | 5.38% | 2.35x | 2.32x | ฿2.93 Billion |
| 2015 | 11.79% | 2.18% | 2.25x | 2.40x | ฿277.40 Million |
| 2016 | 11.62% | 2.29% | 2.17x | 2.34x | ฿267.50 Million |
| 2017 | -6.77% | -1.31% | 1.81x | 2.86x | ฿-2.65 Billion |
| 2018 | -23.23% | -3.96% | 1.62x | 3.63x | ฿-4.71 Billion |
| 2019 | 8.45% | 1.74% | 1.56x | 3.11x | ฿-236.51 Million |
| 2020 | 13.83% | 2.95% | 1.59x | 2.95x | ฿654.21 Million |
| 2021 | 6.41% | 1.18% | 1.49x | 3.65x | ฿-565.35 Million |
| 2022 | 27.85% | 7.05% | 1.73x | 2.29x | ฿5.09 Billion |
| 2023 | -5.56% | -1.29% | 1.74x | 2.49x | ฿-3.91 Billion |
| 2024 | 9.10% | 2.16% | 1.68x | 2.51x | ฿-243.21 Million |
Industry Comparison
This section compares Betagro PCL's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,564,487,994
- Average return on equity (ROE) among peers: 5.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Betagro PCL (BTG) | ฿32.45 Billion | 24.45% | 1.17x | $368.54 Million |
| Ai Energy Public Company Limited (AIE) | $1.84 Billion | -3.93% | 0.07x | $14.62 Million |
| Agripure Holdings Public Company Limited (APURE) | $2.61 Billion | 10.67% | 0.16x | $10.13 Million |
| Bangkok Ranch PCL (BR) | $4.74 Billion | 2.56% | 1.22x | $25.27 Million |
| CHUWIT FARM (2019) PUBLIC COMPANY LIMITED (CFARM) | $425.82 Million | 5.16% | 0.81x | $3.25 Million |
| Chumporn Palm Oil Industry Public Company Limited (CPI) | $2.89 Billion | 11.09% | 0.38x | $27.76 Million |
| Food Moments PCL (FM) | $2.07 Billion | 12.23% | 0.67x | $40.04 Million |
| Lam Soon (Thailand) Public Company Limited (LST) | $3.09 Billion | 12.30% | 0.66x | $33.07 Million |
| PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) | $3.37 Billion | -4.59% | 0.97x | $47.27 Million |
| Premier Quality Starch PCL (PQS) | $2.03 Billion | 6.68% | 0.23x | $9.66 Million |