Chularat Hospital Public Company Limited
Chularat Hospital Public Company Limited operates clinics and hospitals in Thailand. The company operates cancer treatment, aesthetic, social security, occupational health examination, and Thai traditional medicine centers, as well as drug auction systems. It also sells medicine and medical supplies. Chularat Hospital Public Company Limited was founded in 1986 is headquartered in Samut Prakan, Th… Read more
Chularat Hospital Public Company Limited (CHG-R) - Net Assets
Latest net assets as of June 2025: ฿8.02 Billion THB
Based on the latest financial reports, Chularat Hospital Public Company Limited (CHG-R) has net assets worth ฿8.02 Billion THB as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿10.23 Billion) and total liabilities (฿2.21 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 | ฿8.02 Billion |
| % of Total Assets | 78.43% |
| Annual Growth Rate | 17.9% |
| 5-Year Change | 93.89% |
| 10-Year Change | 173.83% |
| Growth Volatility | 39.16 |
Chularat Hospital Public Company Limited - Net Assets Trend (2011–2024)
This chart illustrates how Chularat Hospital 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 Chularat Hospital Public Company Limited (2011–2024)
The table below shows the annual net assets of Chularat Hospital Public Company Limited from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿8.13 Billion | +2.51% |
| 2023-12-31 | ฿7.93 Billion | +0.85% |
| 2022-12-31 | ฿7.86 Billion | +0.29% |
| 2021-12-31 | ฿7.84 Billion | +86.99% |
| 2020-12-31 | ฿4.19 Billion | +7.64% |
| 2019-12-31 | ฿3.90 Billion | +4.06% |
| 2018-12-31 | ฿3.74 Billion | +7.80% |
| 2017-12-31 | ฿3.47 Billion | +7.73% |
| 2016-12-31 | ฿3.22 Billion | +8.57% |
| 2015-12-31 | ฿2.97 Billion | +5.87% |
| 2014-12-31 | ฿2.80 Billion | +6.28% |
| 2013-12-31 | ฿2.64 Billion | +135.00% |
| 2012-12-31 | ฿1.12 Billion | +17.47% |
| 2011-12-31 | ฿955.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chularat Hospital 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 2059.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿5.36 Billion | 69.48% |
| Other Components | ฿2.36 Billion | 30.52% |
| Total Equity | ฿7.72 Billion | 100.00% |
Chularat Hospital Public Company Limited Competitors by Market Cap
The table below lists competitors of Chularat Hospital Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhongjin Irradiation Incorporated Company
SHE:300962
|
$241.70 Million |
|
FASTIGHETSB.EMILSHUS PRF.
F:Z2A
|
$241.70 Million |
|
Eve Holding Inc
NYSE:EVEX
|
$241.77 Million |
|
PlayNitride Inc.
TW:6854
|
$241.78 Million |
|
Sinosteel Luonai Materials Technology Co. Ltd. A
SHG:688119
|
$241.56 Million |
|
Norwood Financial Corp
NASDAQ:NWFL
|
$241.43 Million |
|
Grab Holdings Limited Warrant
NASDAQ:GRABW
|
$241.32 Million |
|
Zhejiang Kaier New Materials
SHE:300234
|
$241.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chularat Hospital Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,524,574,062 to 7,719,794,371, a change of 195,220,309 (2.6%).
- Net income of 965,219,894 contributed positively to equity growth.
- Dividend payments of 769,999,585 reduced retained earnings.
- Other comprehensive income decreased equity by 110,000,000.
- Other factors increased equity by 110,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿965.22 Million | +12.5% |
| Dividends Paid | ฿770.00 Million | -9.97% |
| Other Comprehensive Income | ฿-110.00 Million | -1.42% |
| Other Changes | ฿110.00 Million | +1.42% |
| Total Change | ฿- | 2.59% |
Book Value vs Market Value Analysis
This analysis compares Chularat Hospital 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: 2.45x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.84x to 2.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿0.11 | ฿1.72 | x |
| 2012-12-31 | ฿0.13 | ฿1.72 | x |
| 2013-12-31 | ฿0.26 | ฿1.72 | x |
| 2014-12-31 | ฿0.25 | ฿1.72 | x |
| 2015-12-31 | ฿0.27 | ฿1.72 | x |
| 2016-12-31 | ฿0.28 | ฿1.72 | x |
| 2017-12-31 | ฿0.30 | ฿1.72 | x |
| 2018-12-31 | ฿0.32 | ฿1.72 | x |
| 2019-12-31 | ฿0.34 | ฿1.72 | x |
| 2020-12-31 | ฿0.37 | ฿1.72 | x |
| 2021-12-31 | ฿0.69 | ฿1.72 | x |
| 2022-12-31 | ฿0.68 | ฿1.72 | x |
| 2023-12-31 | ฿0.68 | ฿1.72 | x |
| 2024-12-31 | ฿0.70 | ฿1.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chularat Hospital 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): 12.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.72%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.35x
- Recent ROE (12.50%) is below the historical average (22.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 17.94% | 12.10% | 1.13x | 1.31x | ฿75.90 Million |
| 2012 | 29.84% | 17.98% | 1.21x | 1.38x | ฿222.73 Million |
| 2013 | 15.70% | 18.65% | 0.74x | 1.13x | ฿150.52 Million |
| 2014 | 17.16% | 17.99% | 0.82x | 1.17x | ฿200.59 Million |
| 2015 | 18.16% | 17.06% | 0.89x | 1.20x | ฿241.88 Million |
| 2016 | 18.03% | 15.52% | 0.80x | 1.44x | ฿251.25 Million |
| 2017 | 17.14% | 14.59% | 0.78x | 1.50x | ฿235.46 Million |
| 2018 | 17.79% | 14.38% | 0.77x | 1.60x | ฿277.58 Million |
| 2019 | 19.05% | 13.65% | 0.82x | 1.69x | ฿334.99 Million |
| 2020 | 21.78% | 16.14% | 0.88x | 1.54x | ฿474.17 Million |
| 2021 | 55.54% | 35.80% | 1.11x | 1.39x | ฿3.45 Billion |
| 2022 | 36.93% | 27.50% | 0.98x | 1.37x | ฿2.03 Billion |
| 2023 | 13.90% | 13.53% | 0.75x | 1.36x | ฿293.59 Million |
| 2024 | 12.50% | 11.72% | 0.79x | 1.35x | ฿193.24 Million |
Industry Comparison
This section compares Chularat Hospital Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $3,172,783,176
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chularat Hospital Public Company Limited (CHG-R) | ฿8.02 Billion | 17.94% | 0.28x | $241.65 Million |
| Aikchol Hospital Public Company Limited (AHC) | $1.55 Billion | 9.07% | 0.19x | $28.71 Million |
| Bangkok Chain Hospital Public Company Limited (BCH) | $5.91 Billion | 15.51% | 1.14x | $302.29 Million |
| Bumrungrad Hospital PCL (BH) | $14.79 Billion | 24.52% | 0.44x | $3.28 Billion |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.21 Billion | 7.20% | 0.66x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $405.08 Million | 8.26% | 1.33x | $9.13 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $188.05 Million | 20.93% | 0.70x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $154.37 Million | 42.55% | 1.64x | $4.74 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $4.80 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $165.90 Million | 8.48% | 0.75x | $7.01 Million |