Country Group Development Public Company Limited (CGD) - Net Assets
Based on the latest financial reports, Country Group Development Public Company Limited (CGD) has net assets worth ฿4.05 Billion THB (≈ $126.28 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 (฿16.10 Billion ≈ $501.83 Million USD) and total liabilities (฿12.05 Billion ≈ $375.55 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 Country Group Development Public Company liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿4.05 Billion |
| % of Total Assets | 25.16% |
| Annual Growth Rate | 20.09% |
| 5-Year Change | -4.13% |
| 10-Year Change | -24.8% |
| Growth Volatility | 188.34 |
Country Group Development Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Country Group Development Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Country Group Development Public Company asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Country Group Development Public Company Limited (2000–2024)
The table below shows the annual net assets of Country Group Development Public Company Limited from 2000 to 2024. For live valuation and market cap data, see market value of Country Group Development Public Company.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.45 Billion ≈ $138.68 Million |
-3.39% |
| 2023-12-31 | ฿4.61 Billion ≈ $143.54 Million |
+7.52% |
| 2022-12-31 | ฿4.28 Billion ≈ $133.51 Million |
+5.79% |
| 2021-12-31 | ฿4.05 Billion ≈ $126.20 Million |
-12.75% |
| 2020-12-31 | ฿4.64 Billion ≈ $144.65 Million |
-7.98% |
| 2019-12-31 | ฿5.04 Billion ≈ $157.19 Million |
-3.51% |
| 2018-12-31 | ฿5.23 Billion ≈ $162.91 Million |
-11.62% |
| 2017-12-31 | ฿5.91 Billion ≈ $184.34 Million |
-0.99% |
| 2016-12-31 | ฿5.97 Billion ≈ $186.18 Million |
+0.95% |
| 2015-12-31 | ฿5.92 Billion ≈ $184.42 Million |
+18.21% |
| 2014-12-31 | ฿5.01 Billion ≈ $156.01 Million |
+13.32% |
| 2013-12-31 | ฿4.42 Billion ≈ $137.67 Million |
+764.89% |
| 2012-12-31 | ฿510.69 Million ≈ $15.92 Million |
-0.40% |
| 2011-12-31 | ฿512.73 Million ≈ $15.98 Million |
-13.26% |
| 2010-12-31 | ฿591.12 Million ≈ $18.42 Million |
+137.25% |
| 2009-12-31 | ฿249.16 Million ≈ $7.77 Million |
+6.58% |
| 2008-12-31 | ฿233.77 Million ≈ $7.29 Million |
+5.84% |
| 2007-12-31 | ฿220.88 Million ≈ $6.88 Million |
-28.22% |
| 2006-12-31 | ฿307.73 Million ≈ $9.59 Million |
+537.76% |
| 2005-12-31 | ฿-70.30 Million ≈ $-2.19 Million |
-24.05% |
| 2004-12-31 | ฿-56.67 Million ≈ $-1.77 Million |
-85.09% |
| 2003-12-31 | ฿-30.61 Million ≈ $-954.24K |
-374.97% |
| 2002-12-31 | ฿11.13 Million ≈ $347.04K |
-69.05% |
| 2001-12-31 | ฿35.98 Million ≈ $1.12 Million |
-34.50% |
| 2000-12-31 | ฿54.92 Million ≈ $1.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Country Group Development 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 decreased by 140779702000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿5.04 Billion | 125.70% |
| Other Comprehensive Income | ฿655.55 Million | 16.34% |
| Total Equity | ฿4.01 Billion | 100.00% |
Country Group Development Public Company Limited Competitors by Market Cap
The table below lists competitors of Country Group Development Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Katana Capital Ltd
AU:KAT
|
$30.92 Million |
|
Almondz Global Securities Limited
NSE:ALMONDZ
|
$30.95 Million |
|
Key Tronic Corporation
NASDAQ:KTCC
|
$30.95 Million |
|
Gediz Ambalaj Sanayi ve Ticaret AS
IS:GEDZA
|
$30.97 Million |
|
Sun Race Sturmey-Archer Inc
TW:1526
|
$30.91 Million |
|
Gome Telecom Equipment Co Ltd
SHG:600898
|
$30.90 Million |
|
Auctus Alternative Investments Ltd
AU:AVC
|
$30.88 Million |
|
Datron AG
XETRA:DAR
|
$30.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Country Group Development Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,277,553,948 to 4,011,279,266, a change of -266,274,682 (-6.2%).
- Net loss of 251,693,998 reduced equity.
- Other comprehensive income increased equity by 264,469,824.
- Other factors decreased equity by 279,050,508.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-251.69 Million | -6.27% |
| Other Comprehensive Income | ฿264.47 Million | +6.59% |
| Other Changes | ฿-279.05 Million | -6.96% |
| Total Change | ฿- | -6.22% |
Book Value vs Market Value Analysis
This analysis compares Country Group Development 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: 0.25x
- 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 0.12x to 0.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿0.99 | ฿0.12 | x |
| 2007-12-31 | ฿0.40 | ฿0.12 | x |
| 2008-12-31 | ฿0.29 | ฿0.12 | x |
| 2009-12-31 | ฿0.21 | ฿0.12 | x |
| 2010-12-31 | ฿0.26 | ฿0.12 | x |
| 2011-12-31 | ฿0.20 | ฿0.12 | x |
| 2012-12-31 | ฿194.66 | ฿0.12 | x |
| 2013-12-31 | ฿0.78 | ฿0.12 | x |
| 2014-12-31 | ฿0.70 | ฿0.12 | x |
| 2015-12-31 | ฿0.76 | ฿0.12 | x |
| 2016-12-31 | ฿0.76 | ฿0.12 | x |
| 2017-12-31 | ฿0.71 | ฿0.12 | x |
| 2018-12-31 | ฿0.60 | ฿0.12 | x |
| 2019-12-31 | ฿0.57 | ฿0.12 | x |
| 2020-12-31 | ฿0.52 | ฿0.12 | x |
| 2021-12-31 | ฿0.49 | ฿0.12 | x |
| 2022-12-31 | ฿0.50 | ฿0.12 | x |
| 2023-12-31 | ฿0.52 | ฿0.12 | x |
| 2024-12-31 | ฿0.49 | ฿0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Country Group Development 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): -6.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.56%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 4.10x
- Recent ROE (-6.27%) is above the historical average (-15.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 20.20% | 8.97% | 1.61x | 1.40x | ฿30.22 Million |
| 2007 | -64.75% | -32.04% | 1.18x | 1.71x | ฿-159.35 Million |
| 2008 | -50.97% | -30.97% | 1.07x | 1.53x | ฿-136.60 Million |
| 2009 | -97.29% | -77.92% | 0.61x | 2.06x | ฿-247.02 Million |
| 2010 | -7.32% | -12.21% | 0.47x | 1.29x | ฿-98.92 Million |
| 2011 | -15.98% | -17.90% | 0.59x | 1.52x | ฿-127.22 Million |
| 2012 | -15.99% | -14.44% | 0.64x | 1.72x | ฿-126.47 Million |
| 2013 | -1.93% | -26.46% | 0.06x | 1.20x | ฿-526.76 Million |
| 2014 | 1.30% | 10.38% | 0.08x | 1.58x | ฿-435.61 Million |
| 2015 | -8.15% | -95.25% | 0.05x | 1.81x | ฿-1.02 Billion |
| 2016 | -4.95% | -72.89% | 0.03x | 2.27x | ฿-833.07 Million |
| 2017 | -2.60% | -15.00% | 0.06x | 3.02x | ฿-700.31 Million |
| 2018 | -9.38% | -156.86% | 0.01x | 4.93x | ฿-959.29 Million |
| 2019 | -9.30% | -94.50% | 0.02x | 6.18x | ฿-901.90 Million |
| 2020 | -9.41% | -11.94% | 0.13x | 6.24x | ฿-837.90 Million |
| 2021 | -20.29% | -26.07% | 0.15x | 5.28x | ฿-1.24 Billion |
| 2022 | 9.39% | 6.73% | 0.31x | 4.45x | ฿-25.21 Million |
| 2023 | 1.70% | 1.68% | 0.25x | 3.99x | ฿-355.04 Million |
| 2024 | -6.27% | -12.56% | 0.12x | 4.10x | ฿-652.82 Million |
Industry Comparison
This section compares Country Group Development 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: $13,017,299,885
- Average return on equity (ROE) among peers: -0.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Country Group Development Public Company Limited (CGD) | ฿4.05 Billion | 20.20% | 2.97x | $30.92 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 |
| Baan Rock Garden Public Company Limited (BROCK) | $1.24 Billion | 0.67% | 0.02x | $40.57 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 Country Group Development Public Company Limited
Country Group Development Public Company Limited, together with its subsidiaries, engages in the real estate development business in Thailand and internationally. It also trades, rents, and operates real estate properties; and provides real estate management services, as well as engages in the construction and wholesale of equipment and furniture used in construction. In addition, the company ope… Read more