BTS Rail Mass Transit Growth
BTS Rail Mass Transit Growth operates in various business sectors.
BTS Rail Mass Transit Growth (BTSGIF) - Net Assets
Latest net assets as of June 2024: ฿29.75 Billion THB
Based on the latest financial reports, BTS Rail Mass Transit Growth (BTSGIF) has net assets worth ฿29.75 Billion THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿29.77 Billion) and total liabilities (฿13.10 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 | ฿29.75 Billion |
| % of Total Assets | 99.96% |
| Annual Growth Rate | -9.38% |
| 5-Year Change | -43.11% |
| 10-Year Change | N/A |
| Growth Volatility | 36.53 |
BTS Rail Mass Transit Growth - Net Assets Trend (2015–2023)
This chart illustrates how BTS Rail Mass Transit Growth's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BTS Rail Mass Transit Growth (2015–2023)
The table below shows the annual net assets of BTS Rail Mass Transit Growth from 2015 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿30.38 Billion | -23.92% |
| 2022-12-31 | ฿39.93 Billion | +1.49% |
| 2021-12-31 | ฿39.35 Billion | -13.18% |
| 2020-12-31 | ฿45.32 Billion | -15.14% |
| 2019-12-31 | ฿53.41 Billion | +4793.00% |
| 2018-12-31 | ฿-1.14 Billion | -101.70% |
| 2015-12-31 | ฿66.78 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BTS Rail Mass Transit Growth'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 455.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿48.16 Billion | 158.49% |
| Other Comprehensive Income | ฿30.38 Billion | 100.00% |
| Total Equity | ฿30.38 Billion | 100.00% |
BTS Rail Mass Transit Growth Competitors by Market Cap
The table below lists competitors of BTS Rail Mass Transit Growth ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citicore Renewable Energy Corp
PSE:CREC
|
$695.66 |
|
Schroders Investment Trusts - Schroder Asian Total Return Investment Company plc
LSE:ATR
|
$696.00 |
|
Blackpoin
WAR:BPN
|
$696.10 |
|
Globe Residency
KAR:GRR
|
$696.51 |
|
Great American Food Chain Inc. (The)
PINK:GAMN
|
$694.82 |
|
PT Indokripto Koin Semesta Tbk
JK:COIN
|
$693.80 |
|
Fraser Big Sky Capital Corp.
V:FRAS-P
|
$693.44 |
|
Nuformix plc
LSE:NFX
|
$693.08 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BTS Rail Mass Transit Growth's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 39,934,605,665 to 30,383,573,236, a change of -9,551,032,429 (-23.9%).
- Net loss of 5,111,636,429 reduced equity.
- Share repurchases of 4,439,396,000 reduced equity.
- Other comprehensive income decreased equity by 9,551,032,429.
- Other factors increased equity by 9,551,032,429.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-5.11 Billion | -16.82% |
| Share Repurchases | ฿4.44 Billion | -14.61% |
| Other Comprehensive Income | ฿-9.55 Billion | -31.43% |
| Other Changes | ฿9.55 Billion | +31.43% |
| Total Change | ฿- | -23.92% |
Book Value vs Market Value Analysis
This analysis compares BTS Rail Mass Transit Growth'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: 0.49x
- 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 0.22x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ฿11.54 | ฿2.56 | x |
| 2016-12-31 | ฿67041673517.00 | ฿2.56 | x |
| 2017-12-31 | ฿66681022191.00 | ฿2.56 | x |
| 2018-12-31 | ฿0.00 | ฿2.56 | x |
| 2019-12-31 | ฿9.23 | ฿2.56 | x |
| 2020-12-31 | ฿7.83 | ฿2.56 | x |
| 2021-12-31 | ฿6.80 | ฿2.56 | x |
| 2022-12-31 | ฿6.90 | ฿2.56 | x |
| 2023-12-31 | ฿5.25 | ฿2.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BTS Rail Mass Transit Growth 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): -16.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -108.40%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.00x
- Recent ROE (-16.82%) is below the historical average (-2.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 8.10% | 120.30% | 0.07x | 1.00x | ฿-1.27 Billion |
| 2016 | 7.23% | 105.57% | 0.00x | 0.00x | ฿-1.85 Billion |
| 2017 | 6.33% | 89.58% | 0.00x | 0.00x | ฿-2.45 Billion |
| 2018 | -2.94% | -38.41% | 0.08x | 1.00x | ฿-7.80 Billion |
| 2019 | -3.74% | -41.50% | 0.09x | 1.00x | ฿-7.34 Billion |
| 2020 | -12.87% | -276.18% | 0.05x | 1.00x | ฿-10.37 Billion |
| 2021 | -13.15% | -547.66% | 0.02x | 1.00x | ฿-9.11 Billion |
| 2022 | 8.24% | 95.01% | 0.09x | 1.00x | ฿-703.55 Million |
| 2023 | -16.82% | -108.40% | 0.16x | 1.00x | ฿-8.15 Billion |
Industry Comparison
This section compares BTS Rail Mass Transit Growth's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BTS Rail Mass Transit Growth (BTSGIF) | ฿29.75 Billion | 8.10% | 0.00x | $694.94 |
| BURIRAM SUGAR GROUP POWER PLANT INFRASTRUCTURE FUND (BRRGIF) | $2.60 Billion | -0.03% | 0.00x | $1.04K |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $4.50 Billion | 7.19% | 0.12x | $55.23 Million |
| C.P. Tower Growth Leasehold Property Fund (CPTGF) | $9.97 Billion | 7.67% | 0.04x | $83.24 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $1.90 Billion | 5.92% | 0.00x | $31.56 Million |
| Digital Telecommunications Infrastructure Fund (DIF) | $-45.10 Billion | 0.00% | 0.00x | $2.53K |
| North Bangkok Power Plant (EGATIF) | $21.22 Billion | 2.80% | 0.00x | $1.65K |
| Food and Drinks Public Company Limited (F&D) | $573.40 Million | -11.27% | 0.83x | $1.80 Million |
| Future Park Leasehold Property Fund (FUTUREPF) | $1.61 Billion | 45.43% | 3.51x | $91.63 Million |
| GULF ENERGY DEVELOPMENT-NVDR (GULF-R) | $39.35 Billion | 8.77% | 1.56x | $6.05 Billion |