Country Group Holdings Public Company Limited (CGH) - Net Assets
Based on the latest financial reports, Country Group Holdings Public Company Limited (CGH) has net assets worth ฿6.31 Billion THB (≈ $196.79 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿9.23 Billion ≈ $287.67 Million USD) and total liabilities (฿2.92 Billion ≈ $90.88 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 CGH tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿6.31 Billion |
| % of Total Assets | 68.41% |
| Annual Growth Rate | 2.74% |
| 5-Year Change | 4.99% |
| 10-Year Change | 4.85% |
| Growth Volatility | 20.74 |
Country Group Holdings Public Company Limited - Net Assets Trend (2005–2025)
This chart illustrates how Country Group Holdings Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Country Group Holdings Public Company Li defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Country Group Holdings Public Company Limited (2005–2025)
The table below shows the annual net assets of Country Group Holdings Public Company Limited from 2005 to 2025. For live valuation and market cap data, see CGH company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿6.31 Billion ≈ $196.79 Million |
-1.31% |
| 2024-12-31 | ฿6.40 Billion ≈ $199.41 Million |
+7.91% |
| 2023-12-31 | ฿5.93 Billion ≈ $184.80 Million |
+2.77% |
| 2022-12-31 | ฿5.77 Billion ≈ $179.82 Million |
-4.06% |
| 2021-12-31 | ฿6.01 Billion ≈ $187.44 Million |
+13.46% |
| 2020-12-31 | ฿5.30 Billion ≈ $165.20 Million |
-8.00% |
| 2019-12-31 | ฿5.76 Billion ≈ $179.57 Million |
-2.14% |
| 2018-12-31 | ฿5.89 Billion ≈ $183.48 Million |
-4.89% |
| 2017-12-31 | ฿6.19 Billion ≈ $192.93 Million |
+2.79% |
| 2016-12-31 | ฿6.02 Billion ≈ $187.68 Million |
+3.12% |
| 2015-12-31 | ฿5.84 Billion ≈ $182.01 Million |
+67.44% |
| 2014-12-31 | ฿3.49 Billion ≈ $108.70 Million |
+3.25% |
| 2013-12-31 | ฿3.38 Billion ≈ $105.28 Million |
+15.18% |
| 2012-12-31 | ฿2.93 Billion ≈ $91.40 Million |
+3.33% |
| 2011-12-31 | ฿2.84 Billion ≈ $88.45 Million |
-4.25% |
| 2010-12-31 | ฿2.96 Billion ≈ $92.38 Million |
+42.48% |
| 2009-12-31 | ฿2.08 Billion ≈ $64.83 Million |
-41.58% |
| 2008-12-31 | ฿3.56 Billion ≈ $110.97 Million |
-12.46% |
| 2007-12-31 | ฿4.07 Billion ≈ $126.77 Million |
-1.56% |
| 2006-12-31 | ฿4.13 Billion ≈ $128.78 Million |
+12.33% |
| 2005-12-31 | ฿3.68 Billion ≈ $114.65 Million |
-- |
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 146223484700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.24 Billion | 20.36% |
| Other Components | ฿4.87 Billion | 79.64% |
| Total Equity | ฿6.11 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 |
|---|---|
|
MANUKA RESOURCES LTD
F:6M0A
|
$73.78 Million |
|
U-Best Polymer Industry Co Ltd
TWO:4714
|
$73.78 Million |
|
Unifi Inc
NYSE:UFI
|
$73.79 Million |
|
Nyxoah
BR:NYXH
|
$73.84 Million |
|
Foodnamoo. Inc
KQ:290720
|
$73.77 Million |
|
Research Solutions Inc
NASDAQ:RSSS
|
$73.71 Million |
|
Viet Nam Fumigation JSC
VN:VFG
|
$73.69 Million |
|
Thai Mitsuwa Public Company Limited
BK:TMW
|
$73.69 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 2024 to 2025, total equity changed from 6,206,099,314 to 6,109,596,646, a change of -96,502,668 (-1.6%).
- Net loss of 193,730,645 reduced equity.
- Other comprehensive income decreased equity by 179,834,055.
- Other factors increased equity by 277,062,032.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-193.73 Million | -3.17% |
| Other Comprehensive Income | ฿-179.83 Million | -2.94% |
| Other Changes | ฿277.06 Million | +4.53% |
| Total Change | ฿- | -1.55% |
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: 0.39x
- 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 0.08x to 0.39x 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 | ฿0.57 | x |
| 2006-12-31 | ฿10.65 | ฿0.57 | x |
| 2007-12-31 | ฿0.81 | ฿0.57 | x |
| 2008-12-31 | ฿0.70 | ฿0.57 | x |
| 2009-12-31 | ฿0.60 | ฿0.57 | x |
| 2010-12-31 | ฿1.07 | ฿0.57 | x |
| 2011-12-31 | ฿1.01 | ฿0.57 | x |
| 2012-12-31 | ฿1.05 | ฿0.57 | x |
| 2013-12-31 | ฿1.25 | ฿0.57 | x |
| 2014-12-31 | ฿1.22 | ฿0.57 | x |
| 2015-12-31 | ฿1.61 | ฿0.57 | x |
| 2016-12-31 | ฿1.38 | ฿0.57 | x |
| 2017-12-31 | ฿1.42 | ฿0.57 | x |
| 2018-12-31 | ฿1.35 | ฿0.57 | x |
| 2019-12-31 | ฿1.33 | ฿0.57 | x |
| 2020-12-31 | ฿1.30 | ฿0.57 | x |
| 2021-12-31 | ฿1.47 | ฿0.57 | x |
| 2022-12-31 | ฿1.44 | ฿0.57 | x |
| 2023-12-31 | ฿1.39 | ฿0.57 | x |
| 2024-12-31 | ฿1.52 | ฿0.57 | x |
| 2025-12-31 | ฿1.47 | ฿0.57 | 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): -3.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.77%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.51x
- Recent ROE (-3.17%) is below the historical average (1.95%), 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 | -6.64% | -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 |
| 2025 | -3.17% | -13.77% | 0.15x | 1.51x | ฿-804.69 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: $3,324,096,550
- Average return on equity (ROE) among peers: 3.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Country Group Holdings Public Company Limited (CGH) | ฿6.31 Billion | -6.64% | 0.46x | $73.77 Million |
| AIRA Capital Public Company Limited (AIRA) | $4.17 Billion | -2.60% | 1.27x | $210.61 Million |
| Asia Plus Group Holdings PCL (ASP) | $3.77 Billion | 9.70% | 0.29x | $135.53 Million |
| Globlex Holding Management Public Company Limited (GBX) | $1.39 Billion | 2.45% | 0.64x | $19.35 Million |
| KGI Securities (Thailand) Public Company Limited (KGI) | $5.66 Billion | 0.40% | 0.36x | $268.19 Million |
| Trinity Watthana Public Company Limited (TNITY) | $1.51 Billion | 12.74% | 1.68x | $16.71 Million |
| UOB Kay Hian Securities (Thailand) Public Company Limited (UOBKH) | $3.45 Billion | 0.46% | 0.37x | $83.79 Million |
About 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, underwriting, financial advisory, investment banking, pawnbroking, … Read more