Civil Engineering PCL
Civil Engineering Public Company Limited provides construction services in Thailand. The company's construction business includes highway and road, rail systems comprising high speed and double track, airport and port, drainage systems, dams and reservoirs, and industrial constructions, as well as other constructions, such as wastewater treatment systems. Its construction material trading busines… Read more
Civil Engineering PCL (CIVIL) - Net Assets
Latest net assets as of September 2025: ฿1.80 Billion THB
Based on the latest financial reports, Civil Engineering PCL (CIVIL) has net assets worth ฿1.80 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 (฿8.41 Billion) and total liabilities (฿6.61 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 | ฿1.80 Billion |
| % of Total Assets | 21.4% |
| Annual Growth Rate | 13.52% |
| 5-Year Change | 79.92% |
| 10-Year Change | N/A |
| Growth Volatility | 46.02 |
Civil Engineering PCL - Net Assets Trend (2017–2024)
This chart illustrates how Civil Engineering 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 Civil Engineering PCL (2017–2024)
The table below shows the annual net assets of Civil Engineering PCL from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.91 Billion | +5.92% |
| 2023-12-31 | ฿1.80 Billion | +4.65% |
| 2022-12-31 | ฿1.72 Billion | +122.74% |
| 2021-12-31 | ฿772.10 Million | -27.12% |
| 2020-12-31 | ฿1.06 Billion | +5.00% |
| 2019-12-31 | ฿1.01 Billion | -9.75% |
| 2018-12-31 | ฿1.12 Billion | +42.46% |
| 2017-12-31 | ฿784.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Civil Engineering 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 grown by 50.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿533.83 Million | 28.01% |
| Other Components | ฿1.37 Billion | 71.99% |
| Total Equity | ฿1.91 Billion | 100.00% |
Civil Engineering PCL Competitors by Market Cap
The table below lists competitors of Civil Engineering PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Masivo Silver Corp
PINK:GNYPF
|
$4.33 Million |
|
Krynica Vitamin SA
WAR:KVT
|
$4.33 Million |
|
Wide Open Agriculture Ltd
AU:WOA
|
$4.33 Million |
|
Oshidori International Holdings Limited
PINK:OSHDF
|
$4.33 Million |
|
Tambourah Metals Ltd
AU:TMB
|
$4.32 Million |
|
Innovotech Inc
V:IOT
|
$4.32 Million |
|
Gelteq Limited Ordinary Shares
NASDAQ:GELS
|
$4.32 Million |
|
Bri-Chem Corp
OTCQB:BRYFF
|
$4.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Civil Engineering PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,799,665,943 to 1,906,148,591, a change of 106,482,648 (5.9%).
- Net income of 114,882,489 contributed positively to equity growth.
- Dividend payments of 8,399,841 reduced retained earnings.
- Other comprehensive income decreased equity by 40,910,000.
- Other factors increased equity by 40,910,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿114.88 Million | +6.03% |
| Dividends Paid | ฿8.40 Million | -0.44% |
| Other Comprehensive Income | ฿-40.91 Million | -2.15% |
| Other Changes | ฿40.91 Million | +2.15% |
| Total Change | ฿- | 5.92% |
Book Value vs Market Value Analysis
This analysis compares Civil Engineering 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: 0.32x
- 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 decreased from 0.78x to 0.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ฿1.12 | ฿0.87 | x |
| 2018-12-31 | ฿1.60 | ฿0.87 | x |
| 2019-12-31 | ฿1.44 | ฿0.87 | x |
| 2020-12-31 | ฿1.51 | ฿0.87 | x |
| 2021-12-31 | ฿1.10 | ฿0.87 | x |
| 2022-12-31 | ฿2.51 | ฿0.87 | x |
| 2023-12-31 | ฿2.57 | ฿0.87 | x |
| 2024-12-31 | ฿2.72 | ฿0.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Civil Engineering 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): 6.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.32%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 4.32x
- Recent ROE (6.03%) is below the historical average (13.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.76% | 3.25% | 0.96x | 4.39x | ฿29.53 Million |
| 2018 | 29.81% | 8.38% | 1.29x | 2.75x | ฿221.44 Million |
| 2019 | 13.94% | 4.48% | 0.83x | 3.74x | ฿39.76 Million |
| 2020 | 8.20% | 2.12% | 0.83x | 4.67x | ฿-19.05 Million |
| 2021 | 24.95% | 3.82% | 0.77x | 8.45x | ฿115.46 Million |
| 2022 | 3.75% | 1.06% | 0.78x | 4.53x | ฿-107.49 Million |
| 2023 | 5.22% | 1.92% | 0.64x | 4.26x | ฿-86.05 Million |
| 2024 | 6.03% | 2.32% | 0.60x | 4.32x | ฿-75.73 Million |
Industry Comparison
This section compares Civil Engineering PCL's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,953,937,575
- Average return on equity (ROE) among peers: 3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Civil Engineering PCL (CIVIL) | ฿1.80 Billion | 13.76% | 3.67x | $4.32 Million |
| AMR Asia Public Company Limited (AMR) | $885.39 Million | -12.37% | 0.82x | $2.67 Million |
| Asia Precision Public Company Limited (APCS) | $809.04 Million | -8.74% | 0.50x | $12.58 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $77.07 Million | 19.04% | 2.60x | $4.97 Million |
| CH. Karnchang PCL (CK) | $25.83 Billion | 9.66% | 2.23x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $4.32 Billion | 6.60% | 2.55x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.24 Billion | 0.31% | 1.70x | $8.20 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $356.04 Million | -4.00% | 2.34x | $1.70 Million |
| Demco Public Company Limited (DEMCO) | $1.05 Billion | 8.50% | 0.87x | $19.24 Million |
| EMC Public Company Limited (EMC) | $1.02 Billion | 9.69% | 0.99x | $3.14 Million |