Chic Republic PCL
Chic Republic Public Company Limited, together with its subsidiaries, engages in the distribution and installation of furniture, and house and garden decoration in Thailand and Cambodia. It offers sofas and chairs, tables, cabinets and shelves, lighting, home décor products, beds, mattresses and beddings, and trolleys and bath towels under the Chic Republic, Rina Hey, and Ashley brand names. The … Read more
Chic Republic PCL (CHIC) - Net Assets
Latest net assets as of September 2025: ฿798.19 Million THB
Based on the latest financial reports, Chic Republic PCL (CHIC) has net assets worth ฿798.19 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.81 Billion) and total liabilities (฿1.01 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 | ฿798.19 Million |
| % of Total Assets | 44.1% |
| Annual Growth Rate | 11.95% |
| 5-Year Change | 35.13% |
| 10-Year Change | 90.98% |
| Growth Volatility | 21.33 |
Chic Republic PCL - Net Assets Trend (2014–2024)
This chart illustrates how Chic Republic PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chic Republic PCL (2014–2024)
The table below shows the annual net assets of Chic Republic PCL from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿819.83 Million | -3.47% |
| 2023-12-31 | ฿849.30 Million | +1.84% |
| 2022-12-31 | ฿833.92 Million | +37.94% |
| 2021-12-31 | ฿604.54 Million | -0.36% |
| 2020-12-31 | ฿606.70 Million | +3.29% |
| 2019-12-31 | ฿587.38 Million | +10.33% |
| 2018-12-31 | ฿532.40 Million | -2.67% |
| 2017-12-31 | ฿546.98 Million | -3.35% |
| 2016-12-31 | ฿565.94 Million | +31.84% |
| 2015-12-31 | ฿429.28 Million | +61.90% |
| 2014-12-31 | ฿265.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chic Republic PCL'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 193.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿833.37 Million | 101.73% |
| Total Equity | ฿819.21 Million | 100.00% |
Chic Republic PCL Competitors by Market Cap
The table below lists competitors of Chic Republic PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rapid Lithium Limited
AU:RLL
|
$2.31 Million |
|
KADANT
BE:KDA
|
$2.31 Million |
|
Millennium Silver Corp
V:MSC
|
$2.31 Million |
|
INSULET
BE:GOV
|
$2.31 Million |
|
Tuju Setia Bhd
KLSE:5297
|
$2.31 Million |
|
Willy Food
TA:WLFD
|
$2.31 Million |
|
Euroasia Total Logistics PCL
BK:ETL
|
$2.31 Million |
|
Whitebark Energy Ltd
AU:WBE
|
$2.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chic Republic PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 846,846,293 to 819,206,715, a change of -27,639,578 (-3.3%).
- Net loss of 26,661,850 reduced equity.
- Other comprehensive income decreased equity by 19,794,523.
- Other factors increased equity by 18,816,795.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-26.66 Million | -3.25% |
| Other Comprehensive Income | ฿-19.79 Million | -2.42% |
| Other Changes | ฿18.82 Million | +2.3% |
| Total Change | ฿- | -3.26% |
Book Value vs Market Value Analysis
This analysis compares Chic Republic PCL'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: 0.45x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.56 | ฿0.27 | x |
| 2015-12-31 | ฿0.85 | ฿0.27 | x |
| 2016-12-31 | ฿0.64 | ฿0.27 | x |
| 2017-12-31 | ฿0.55 | ฿0.27 | x |
| 2018-12-31 | ฿0.39 | ฿0.27 | x |
| 2019-12-31 | ฿0.43 | ฿0.27 | x |
| 2020-12-31 | ฿0.45 | ฿0.27 | x |
| 2021-12-31 | ฿0.44 | ฿0.27 | x |
| 2022-12-31 | ฿0.61 | ฿0.27 | x |
| 2023-12-31 | ฿0.62 | ฿0.27 | x |
| 2024-12-31 | ฿0.60 | ฿0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chic Republic PCL 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): -3.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.57%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.28x
- Recent ROE (-3.25%) is below the historical average (5.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.64% | 4.62% | 0.70x | 3.60x | ฿4.35 Million |
| 2015 | 16.10% | 8.09% | 0.86x | 2.31x | ฿26.20 Million |
| 2016 | 9.15% | 7.33% | 0.55x | 2.25x | ฿-4.82 Million |
| 2017 | 5.94% | 5.16% | 0.56x | 2.07x | ฿-22.22 Million |
| 2018 | 3.90% | 4.41% | 0.38x | 2.32x | ฿-32.50 Million |
| 2019 | 9.27% | 7.37% | 0.52x | 2.43x | ฿-4.30 Million |
| 2020 | 5.63% | 4.86% | 0.38x | 3.08x | ฿-26.52 Million |
| 2021 | 3.19% | 2.90% | 0.36x | 3.04x | ฿-41.17 Million |
| 2022 | 1.99% | 2.18% | 0.45x | 2.04x | ฿-66.81 Million |
| 2023 | 1.70% | 2.08% | 0.43x | 1.91x | ฿-70.32 Million |
| 2024 | -3.25% | -4.57% | 0.31x | 2.28x | ฿-108.58 Million |
Industry Comparison
This section compares Chic Republic PCL's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $1,968,442,960
- Average return on equity (ROE) among peers: 14.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chic Republic PCL (CHIC) | ฿798.19 Million | 11.64% | 1.27x | $2.31 Million |
| East Coast Furnitech Public Company Limited (ECF) | $1.45 Billion | 2.33% | 1.35x | $679.02K |
| EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) | $220.97 Million | 48.04% | 4.63x | $9.44 Million |
| Fancy Wood Industries Public Company Limited (FANCY) | $1.52 Billion | 16.74% | 0.09x | $2.87 Million |
| Home Pottery Public Company Limited (HPT) | $318.50 Million | 7.42% | 0.18x | $4.01 Million |
| Index Living Mall Public Company Limited (ILM) | $4.65 Billion | 10.63% | 1.65x | $37.42 Million |
| Itthirit Nice Corp. PCL (ITTHI) | $346.24 Million | 6.70% | 0.45x | $3.13 Million |
| Masterkool International Public Company Limited (KOOL) | $389.26 Million | 22.35% | 0.46x | $11.64 Million |
| Kang Yong Electric Public Company Limited (KYE) | $6.38 Billion | 11.28% | 0.28x | $44.05 Million |
| Modernform Group Public Company Limited (MODERN) | $2.45 Billion | 7.07% | 0.50x | $22.15 Million |