Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) - Net Assets
Based on the latest financial reports, Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) has net assets worth ฿762.47 Million THB (≈ $23.77 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 (฿2.50 Billion ≈ $78.06 Million USD) and total liabilities (฿1.74 Billion ≈ $54.29 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 CHOTI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿762.47 Million |
| % of Total Assets | 30.45% |
| Annual Growth Rate | -1.4% |
| 5-Year Change | 4.33% |
| 10-Year Change | -31.18% |
| Growth Volatility | 7.81 |
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Kiang Huat Sea Gull Trading Frozen Food Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore CHOTI total assets for the complete picture of this company's asset base.
Annual Net Assets for Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (2000–2024)
The table below shows the annual net assets of Kiang Huat Sea Gull Trading Frozen Food Public Company Limited from 2000 to 2024. For live valuation and market cap data, see Kiang Huat Sea Gull Trading Frozen Food stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿845.53 Million ≈ $26.35 Million |
-13.07% |
| 2023-12-31 | ฿972.69 Million ≈ $30.32 Million |
+3.05% |
| 2022-12-31 | ฿943.91 Million ≈ $29.42 Million |
+9.30% |
| 2021-12-31 | ฿863.61 Million ≈ $26.92 Million |
+6.56% |
| 2020-12-31 | ฿810.43 Million ≈ $25.26 Million |
-15.18% |
| 2019-12-31 | ฿955.48 Million ≈ $29.78 Million |
-15.42% |
| 2018-12-31 | ฿1.13 Billion ≈ $35.21 Million |
-6.45% |
| 2017-12-31 | ฿1.21 Billion ≈ $37.64 Million |
-8.10% |
| 2016-12-31 | ฿1.31 Billion ≈ $40.95 Million |
+6.94% |
| 2015-12-31 | ฿1.23 Billion ≈ $38.29 Million |
+0.59% |
| 2014-12-31 | ฿1.22 Billion ≈ $38.07 Million |
-2.30% |
| 2013-12-31 | ฿1.25 Billion ≈ $38.96 Million |
-8.01% |
| 2012-12-31 | ฿1.36 Billion ≈ $42.36 Million |
-1.98% |
| 2011-12-31 | ฿1.39 Billion ≈ $43.21 Million |
-0.40% |
| 2010-12-31 | ฿1.39 Billion ≈ $43.38 Million |
+6.73% |
| 2009-12-31 | ฿1.30 Billion ≈ $40.65 Million |
+8.21% |
| 2008-12-31 | ฿1.21 Billion ≈ $37.56 Million |
+4.57% |
| 2007-12-31 | ฿1.15 Billion ≈ $35.92 Million |
+7.02% |
| 2006-12-31 | ฿1.08 Billion ≈ $33.56 Million |
+0.74% |
| 2005-12-31 | ฿1.07 Billion ≈ $33.32 Million |
-0.04% |
| 2004-12-31 | ฿1.07 Billion ≈ $33.33 Million |
+10.09% |
| 2003-12-31 | ฿971.41 Million ≈ $30.28 Million |
-1.55% |
| 2002-12-31 | ฿986.68 Million ≈ $30.75 Million |
-3.67% |
| 2001-12-31 | ฿1.02 Billion ≈ $31.93 Million |
-13.62% |
| 2000-12-31 | ฿1.19 Billion ≈ $36.96 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kiang Huat Sea Gull Trading Frozen Food 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 31.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿644.78 Million | 76.26% |
| Common Stock | ฿75.00 Million | 8.87% |
| Other Comprehensive Income | ฿-30.27 Million | -3.58% |
| Other Components | ฿156.00 Million | 18.45% |
| Total Equity | ฿845.51 Million | 100.00% |
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited Competitors by Market Cap
The table below lists competitors of Kiang Huat Sea Gull Trading Frozen Food Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FUTURE GAMING GRP INTL AB
F:6L50
|
$15.03 Million |
|
Intensity Therapeutics, Inc. Common stock
NASDAQ:INTS
|
$15.03 Million |
|
New Age Metals Inc
V:NAM
|
$15.03 Million |
|
Hantop Inc
KQ:002680
|
$15.03 Million |
|
Bayhorse Silver Inc
V:BHS
|
$15.01 Million |
|
Integra Essentia Limited
NSE:ESSENTIA
|
$15.01 Million |
|
Revolver Resources Holdings Ltd
AU:RRR
|
$15.01 Million |
|
Made SA
PA:MLMAD
|
$15.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kiang Huat Sea Gull Trading Frozen Food Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 972,681,745 to 845,514,880, a change of -127,166,865 (-13.1%).
- Net loss of 130,625,883 reduced equity.
- Dividend payments of 19,692 reduced retained earnings.
- Other comprehensive income increased equity by 2,852,621.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-130.63 Million | -15.45% |
| Dividends Paid | ฿19.69K | -0.0% |
| Other Comprehensive Income | ฿2.85 Million | +0.34% |
| Other Changes | ฿626.09K | +0.07% |
| Total Change | ฿- | -13.07% |
Book Value vs Market Value Analysis
This analysis compares Kiang Huat Sea Gull Trading Frozen Food 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: 0.57x
- 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 |
|---|---|---|---|
| 2003-12-31 | ฿129.51 | ฿64.25 | x |
| 2004-12-31 | ฿142.58 | ฿64.25 | x |
| 2005-12-31 | ฿142.52 | ฿64.25 | x |
| 2006-12-31 | ฿143.69 | ฿64.25 | x |
| 2007-12-31 | ฿153.65 | ฿64.25 | x |
| 2008-12-31 | ฿160.67 | ฿64.25 | x |
| 2009-12-31 | ฿173.87 | ฿64.25 | x |
| 2010-12-31 | ฿185.57 | ฿64.25 | x |
| 2011-12-31 | ฿184.83 | ฿64.25 | x |
| 2012-12-31 | ฿181.17 | ฿64.25 | x |
| 2013-12-31 | ฿166.66 | ฿64.25 | x |
| 2014-12-31 | ฿162.83 | ฿64.25 | x |
| 2015-12-31 | ฿163.79 | ฿64.25 | x |
| 2016-12-31 | ฿175.17 | ฿64.25 | x |
| 2017-12-31 | ฿160.98 | ฿64.25 | x |
| 2018-12-31 | ฿150.61 | ฿64.25 | x |
| 2019-12-31 | ฿127.39 | ฿64.25 | x |
| 2020-12-31 | ฿108.05 | ฿64.25 | x |
| 2021-12-31 | ฿115.15 | ฿64.25 | x |
| 2022-12-31 | ฿125.85 | ฿64.25 | x |
| 2023-12-31 | ฿129.69 | ฿64.25 | x |
| 2024-12-31 | ฿112.79 | ฿64.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kiang Huat Sea Gull Trading Frozen Food 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): -15.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.14%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.71x
- Recent ROE (-15.45%) is below the historical average (4.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 22.01% | 6.17% | 3.25x | 1.10x | ฿142.45 Million |
| 2001 | 6.29% | 1.73% | 3.14x | 1.16x | ฿-38.03 Million |
| 2002 | 0.52% | 0.15% | 2.95x | 1.13x | ฿-93.54 Million |
| 2003 | -1.29% | -0.42% | 2.38x | 1.28x | ฿-109.64 Million |
| 2004 | 9.22% | 2.98% | 2.57x | 1.21x | ฿-8.36 Million |
| 2005 | 5.19% | 1.73% | 2.42x | 1.24x | ฿-51.39 Million |
| 2006 | 4.18% | 1.30% | 2.78x | 1.16x | ฿-62.64 Million |
| 2007 | 8.88% | 3.05% | 2.47x | 1.18x | ฿-12.92 Million |
| 2008 | 9.76% | 3.38% | 2.27x | 1.28x | ฿-2.84 Million |
| 2009 | 12.64% | 4.56% | 2.59x | 1.07x | ฿34.43 Million |
| 2010 | 14.18% | 5.14% | 2.49x | 1.11x | ฿58.15 Million |
| 2011 | 20.38% | 7.24% | 2.34x | 1.20x | ฿143.84 Million |
| 2012 | 15.70% | 5.79% | 2.08x | 1.31x | ฿77.42 Million |
| 2013 | 1.72% | 0.67% | 1.79x | 1.43x | ฿-103.50 Million |
| 2014 | 0.04% | 0.02% | 1.76x | 1.30x | ฿-121.63 Million |
| 2015 | 2.56% | 1.37% | 1.36x | 1.37x | ฿-91.42 Million |
| 2016 | 9.53% | 3.62% | 1.95x | 1.35x | ฿-6.21 Million |
| 2017 | 1.06% | 0.37% | 1.68x | 1.70x | ฿-107.92 Million |
| 2018 | -5.93% | -2.11% | 1.60x | 1.76x | ฿-179.94 Million |
| 2019 | -18.91% | -7.21% | 1.81x | 1.45x | ฿-276.22 Million |
| 2020 | -18.22% | -8.81% | 1.42x | 1.46x | ฿-228.73 Million |
| 2021 | 4.60% | 1.60% | 1.84x | 1.56x | ฿-46.62 Million |
| 2022 | 11.34% | 3.40% | 1.29x | 2.58x | ฿12.65 Million |
| 2023 | 10.59% | 4.12% | 0.98x | 2.63x | ฿5.70 Million |
| 2024 | -15.45% | -5.14% | 1.11x | 2.71x | ฿-215.18 Million |
Industry Comparison
This section compares Kiang Huat Sea Gull Trading Frozen Food Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,248,994,528
- Average return on equity (ROE) among peers: 0.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | ฿762.47 Million | 22.01% | 2.28x | $15.02 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $1.17 Billion | -38.64% | 2.90x | $180.99 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $1.43 Billion | 7.92% | 0.26x | $23.98 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.35 Billion | 8.86% | 0.10x | $19.01 Million |
| GFPT Public Company Limited (GFPT) | $3.78 Billion | 28.67% | 0.98x | $357.59 Million |
| J.S.P. Property Public Company Limited (JSP) | $5.18 Billion | 9.40% | 0.76x | $28.10 Million |
| Thai Ha Public Company Limited (KASET) | $325.04 Million | -11.22% | 0.97x | $7.19 Million |
| Lee Feed Mill Public Company Limited (LEE) | $2.73 Billion | 6.85% | 0.15x | $69.45 Million |
| Malee Group Public Company Limited (MALEE) | $839.63 Million | -24.17% | 3.77x | $69.74 Million |
| President Bakery Public Company Limited (PB) | $12.44 Billion | 12.78% | 0.11x | $680.27 Million |
About Kiang Huat Sea Gull Trading Frozen Food Public Company Limited
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited manufactures and sells frozen seafood products in Thailand, rest of Asia, Europe, and Australia. It offers head-on, headless, and peeled deveined or undeveined shrimps; frozen live and cooked shrimps; cuttlefish, squids, and octopus; and baby octopus cut, and squid ring and tentacle products. The company also engages in the frozen sto… Read more