Country Group Holdings Public Company Limited
Country Group Holdings Public Company Limited, through its subsidiaries, engages in the securities brokerage business in Thailand. The company operates through four segments: Securities and Derivatives Brokerage, Investment Banking, Securities and Derivatives Trading, and Digital Asset Trading. It offers digital assets brokerage, securities and derivatives trading, underwriting, financial advisor… Read more
Country Group Holdings Public Company Limited (CGH) - Net Assets
Latest net assets as of September 2025: ฿6.73 Billion THB
Based on the latest financial reports, Country Group Holdings Public Company Limited (CGH) has net assets worth ฿6.73 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 (฿9.58 Billion) and total liabilities (฿2.86 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 | ฿6.73 Billion |
| % of Total Assets | 70.18% |
| Annual Growth Rate | 2.96% |
| 5-Year Change | 20.71% |
| 10-Year Change | 9.56% |
| Growth Volatility | 21.23 |
Country Group Holdings Public Company Limited - Net Assets Trend (2005–2024)
This chart illustrates how Country Group Holdings Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Country Group Holdings Public Company Limited (2005–2024)
The table below shows the annual net assets of Country Group Holdings Public Company Limited from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿6.40 Billion | +7.91% |
| 2023-12-31 | ฿5.93 Billion | +2.77% |
| 2022-12-31 | ฿5.77 Billion | -4.06% |
| 2021-12-31 | ฿6.01 Billion | +13.46% |
| 2020-12-31 | ฿5.30 Billion | -8.00% |
| 2019-12-31 | ฿5.76 Billion | -2.14% |
| 2018-12-31 | ฿5.89 Billion | -4.89% |
| 2017-12-31 | ฿6.19 Billion | +2.79% |
| 2016-12-31 | ฿6.02 Billion | +3.12% |
| 2015-12-31 | ฿5.84 Billion | +67.44% |
| 2014-12-31 | ฿3.49 Billion | +3.25% |
| 2013-12-31 | ฿3.38 Billion | +15.18% |
| 2012-12-31 | ฿2.93 Billion | +3.33% |
| 2011-12-31 | ฿2.84 Billion | -4.25% |
| 2010-12-31 | ฿2.96 Billion | +42.48% |
| 2009-12-31 | ฿2.08 Billion | -41.58% |
| 2008-12-31 | ฿3.56 Billion | -12.46% |
| 2007-12-31 | ฿4.07 Billion | -1.56% |
| 2006-12-31 | ฿4.13 Billion | +12.33% |
| 2005-12-31 | ฿3.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Country Group Holdings 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 156013732000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.34 Billion | 21.62% |
| Common Stock | ฿4.15 Billion | 66.91% |
| Other Comprehensive Income | ฿179.83 Million | 2.90% |
| Other Components | ฿531.78 Million | 8.57% |
| Total Equity | ฿6.21 Billion | 100.00% |
Country Group Holdings Public Company Limited Competitors by Market Cap
The table below lists competitors of Country Group Holdings Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Allied Container Terminal
TWO:5601
|
$29.39 Million |
|
Sportshero Ltd
AU:SHO
|
$29.39 Million |
|
Infinite Finance Co. Ltd.
TW:6958
|
$29.40 Million |
|
Bibica Corp
VN:BBC
|
$29.40 Million |
|
PT Pakuwon Jati Tbk
OTCGREY:PTPKF
|
$29.38 Million |
|
INDICE FINANCEIRO
SA:IFNC
|
$29.37 Million |
|
Arctic Fish Holding AS
OL:AFISH
|
$29.36 Million |
|
NAVAMEDIC ASA NK 1
F:N1A
|
$29.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Country Group Holdings Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,566,785,017 to 6,206,099,314, a change of 639,314,297 (11.5%).
- Net income of 253,262,505 contributed positively to equity growth.
- New share issuances of 148,315,942 increased equity.
- Other comprehensive income increased equity by 4,750,000.
- Other factors increased equity by 232,985,850.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿253.26 Million | +4.08% |
| Share Issuances | ฿148.32 Million | +2.39% |
| Other Comprehensive Income | ฿4.75 Million | +0.08% |
| Other Changes | ฿232.99 Million | +3.75% |
| Total Change | ฿- | 11.48% |
Book Value vs Market Value Analysis
This analysis compares Country Group Holdings 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: 0.30x
- 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 0.06x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿7.51 | ฿0.45 | x |
| 2006-12-31 | ฿10.65 | ฿0.45 | x |
| 2007-12-31 | ฿0.81 | ฿0.45 | x |
| 2008-12-31 | ฿0.70 | ฿0.45 | x |
| 2009-12-31 | ฿0.60 | ฿0.45 | x |
| 2010-12-31 | ฿1.07 | ฿0.45 | x |
| 2011-12-31 | ฿1.01 | ฿0.45 | x |
| 2012-12-31 | ฿1.05 | ฿0.45 | x |
| 2013-12-31 | ฿1.25 | ฿0.45 | x |
| 2014-12-31 | ฿1.22 | ฿0.45 | x |
| 2015-12-31 | ฿1.61 | ฿0.45 | x |
| 2016-12-31 | ฿1.38 | ฿0.45 | x |
| 2017-12-31 | ฿1.42 | ฿0.45 | x |
| 2018-12-31 | ฿1.35 | ฿0.45 | x |
| 2019-12-31 | ฿1.33 | ฿0.45 | x |
| 2020-12-31 | ฿1.30 | ฿0.45 | x |
| 2021-12-31 | ฿1.47 | ฿0.45 | x |
| 2022-12-31 | ฿1.44 | ฿0.45 | x |
| 2023-12-31 | ฿1.39 | ฿0.45 | x |
| 2024-12-31 | ฿1.52 | ฿0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Country Group Holdings 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): 4.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.06%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.46x
- Recent ROE (4.08%) is above the historical average (2.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -6.64% | -39.74% | 0.14x | 1.20x | ฿-611.99 Million |
| 2006 | -16.54% | -184.56% | 0.08x | 1.09x | ฿-1.10 Billion |
| 2007 | -0.36% | -2.04% | 0.15x | 1.16x | ฿-421.32 Million |
| 2008 | -8.93% | -57.08% | 0.14x | 1.08x | ฿-673.82 Million |
| 2009 | 0.95% | 2.19% | 0.30x | 1.45x | ฿-188.34 Million |
| 2010 | 6.55% | 12.04% | 0.37x | 1.48x | ฿-102.33 Million |
| 2011 | 8.97% | 17.15% | 0.40x | 1.31x | ฿-29.32 Million |
| 2012 | 10.65% | 20.16% | 0.29x | 1.82x | ฿19.08 Million |
| 2013 | 12.43% | 21.32% | 0.41x | 1.41x | ฿81.96 Million |
| 2014 | 11.01% | 29.47% | 0.22x | 1.67x | ฿34.99 Million |
| 2015 | 1.03% | 5.15% | 0.17x | 1.19x | ฿-521.70 Million |
| 2016 | 6.52% | 32.44% | 0.15x | 1.32x | ฿-208.83 Million |
| 2017 | 3.80% | 41.78% | 0.06x | 1.43x | ฿-382.71 Million |
| 2018 | -0.60% | -5.47% | 0.07x | 1.56x | ฿-621.83 Million |
| 2019 | 1.44% | 8.09% | 0.12x | 1.54x | ฿-492.21 Million |
| 2020 | 2.69% | 10.79% | 0.14x | 1.77x | ฿-386.55 Million |
| 2021 | 12.75% | 44.42% | 0.19x | 1.53x | ฿164.78 Million |
| 2022 | -2.10% | -8.14% | 0.16x | 1.57x | ฿-696.30 Million |
| 2023 | -3.47% | -14.03% | 0.15x | 1.66x | ฿-749.77 Million |
| 2024 | 4.08% | 15.06% | 0.19x | 1.46x | ฿-367.35 Million |
Industry Comparison
This section compares Country Group Holdings Public Company Limited's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $2,629,200,421
- Average return on equity (ROE) among peers: 7.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Country Group Holdings Public Company Limited (CGH) | ฿6.73 Billion | -6.64% | 0.42x | $29.38 Million |
| AIRA Capital Public Company Limited (AIRA) | $1.11 Billion | 8.11% | 3.78x | $60.05 Million |
| Asia Plus Group Holdings PCL (ASP) | $4.44 Billion | 24.06% | 0.73x | $93.67 Million |
| Beyond Securities PCL (BYD) | $927.92 Million | -4.32% | 0.24x | $46.15 Million |
| Globlex Holding Management Public Company Limited (GBX) | $1.44 Billion | 2.99% | 1.04x | $8.78 Million |
| KGI Securities (Thailand) Public Company Limited (KGI) | $5.56 Billion | 1.15% | 0.34x | $160.61 Million |
| Maybank Securities (Thailand) PCL (MST) | $4.42 Billion | 14.80% | 0.62x | $18.74 Million |
| Trinity Watthana Public Company Limited (TNITY) | $1.60 Billion | 8.17% | 2.16x | $9.36 Million |
| UOB Kay Hian Securities (Thailand) Public Company Limited (UOBKH) | $1.83 Billion | 6.24% | 0.23x | $8.84 Million |
| XSpring Capital Public Company Limited (XPG) | $2.34 Billion | 2.55% | 0.50x | $108.52 Million |