CH. Karnchang PCL Net Assets

Latest as of September 2025: ฿28.57 Billion THB ≈ $890.56 Million USD

CH. Karnchang PCL net assets. Based on the latest financial reports, CH. Karnchang PCL (CK) has net assets worth ฿28.57 Billion THB (≈ $890.56 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 (฿116.55 Billion ≈ $3.63 Billion USD) and total liabilities (฿87.98 Billion ≈ $2.74 Billion 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. Also explore CK net assets growth trend to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿28.57 Billion
% of Total Assets	24.51%
Annual Growth Rate	N/A
5-Year Change	0.79%
10-Year Change	26.96%
Growth Volatility	20.46

Net Assets of CH. Karnchang PCL (2000–2024)

Net assets of CH. Karnchang PCL from 2000 to 2024. This chart illustrates how CH. Karnchang PCL's net assets have evolved over time, based on quarterly financial data. See CH. Karnchang PCL (CK) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Net Assets for CH. Karnchang PCL (2000–2024)

The table below shows the annual net assets of CH. Karnchang PCL from 2000 to 2024. For live market cap and overall valuation, see CH. Karnchang PCL market capitalisation.

Year	Net Assets	Change
2024-12-31	฿26.48 Billion ≈ $825.32 Million	+1.81%
2023-12-31	฿26.01 Billion ≈ $810.66 Million	+6.30%
2022-12-31	฿24.47 Billion ≈ $762.60 Million	-6.29%
2021-12-31	฿26.11 Billion ≈ $813.76 Million	-0.62%
2020-12-31	฿26.27 Billion ≈ $818.83 Million	-5.54%
2019-12-31	฿27.81 Billion ≈ $866.89 Million	+7.68%
2018-12-31	฿25.83 Billion ≈ $805.06 Million	+8.19%
2017-12-31	฿23.87 Billion ≈ $744.10 Million	+9.24%
2016-12-31	฿21.85 Billion ≈ $681.18 Million	+4.79%
2015-12-31	฿20.86 Billion ≈ $650.05 Million	+7.11%
2014-12-31	฿19.47 Billion ≈ $606.88 Million	+15.62%
2013-12-31	฿16.84 Billion ≈ $524.91 Million	+90.07%
2012-12-31	฿8.86 Billion ≈ $276.17 Million	+34.35%
2011-12-31	฿6.60 Billion ≈ $205.56 Million	+6.17%
2010-12-31	฿6.21 Billion ≈ $193.61 Million	+8.99%
2009-12-31	฿5.70 Billion ≈ $177.64 Million	+7.45%
2008-12-31	฿5.30 Billion ≈ $165.33 Million	-6.80%
2007-12-31	฿5.69 Billion ≈ $177.39 Million	+18.51%
2006-12-31	฿4.80 Billion ≈ $149.68 Million	-2.57%
2005-12-31	฿4.93 Billion ≈ $153.63 Million	+2.79%
2004-12-31	฿4.80 Billion ≈ $149.46 Million	+10.95%
2003-12-31	฿4.32 Billion ≈ $134.71 Million	+46.66%
2002-12-31	฿2.95 Billion ≈ $91.85 Million	+10.13%
2001-12-31	฿2.68 Billion ≈ $83.41 Million	+776.75%
2000-12-31	฿-395.40 Million ≈ $-12.32 Million	--

Equity Component Analysis

This analysis shows how different components contribute to CH. Karnchang 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 1750049075700.0% over the analyzed period, indicating profitable operations and earnings retention.

CH. Karnchang PCL Net Assets Breakdown (December 2024)

CH. Karnchang PCL net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Retained Earnings	฿17.50 Billion	67.54%
Common Stock	฿1.69 Billion	6.54%
Other Comprehensive Income	฿442.74 Million	1.71%
Other Components	฿6.27 Billion	24.21%
Total Equity	฿25.91 Billion	100.00%

CH. Karnchang PCL Competitors by Market Cap

The table below lists competitors of CH. Karnchang PCL ranked by their market capitalization.

Company	Market Cap
Jiangsu Seagull Cooling Tower SHG:603269	$932.31 Million
Run Long Construction Co Ltd TW:1808	$932.69 Million
Barings BDC Inc NYSE:BBDC	$932.94 Million
Syndax Pharmaceuticals Inc NASDAQ:SNDX	$933.15 Million
Guararapes Confecções S.A SA:GUAR3	$932.14 Million
Jiangsu Zongyi Co Ltd SHG:600770	$932.13 Million
Farmers National Banc Corp NASDAQ:FMNB	$931.96 Million
Xiamen King Long Motor Group Co Ltd SHG:600686	$931.75 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CH. Karnchang PCL's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 25,482,489,367 to 25,909,660,294, a change of 427,170,927 (1.7%).
Net income of 1,445,903,368 contributed positively to equity growth.
Dividend payments of 508,168,793 reduced retained earnings.
Share repurchases of 129,779,240 reduced equity.
Other comprehensive income increased equity by 129,779,240.
Other factors decreased equity by 510,563,648.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿1.45 Billion	+5.58%
Dividends Paid	฿508.17 Million	-1.96%
Share Repurchases	฿129.78 Million	-0.5%
Other Comprehensive Income	฿129.78 Million	+0.5%
Other Changes	฿-510.56 Million	-1.97%
Total Change	฿-	1.68%

Book Value vs Market Value Analysis

This analysis compares CH. Karnchang 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: 1.16x
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 4.66x to 1.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	฿3.82	฿17.80	x
2004-12-31	฿3.65	฿17.80	x
2005-12-31	฿3.69	฿17.80	x
2006-12-31	฿3.99	฿17.80	x
2007-12-31	฿3.59	฿17.80	x
2008-12-31	฿3.44	฿17.80	x
2009-12-31	฿3.70	฿17.80	x
2010-12-31	฿3.60	฿17.80	x
2011-12-31	฿3.77	฿17.80	x
2012-12-31	฿5.05	฿17.80	x
2013-12-31	฿9.77	฿17.80	x
2014-12-31	฿11.29	฿17.80	x
2015-12-31	฿12.08	฿17.80	x
2016-12-31	฿12.68	฿17.80	x
2017-12-31	฿13.87	฿17.80	x
2018-12-31	฿15.01	฿17.80	x
2019-12-31	฿16.17	฿17.80	x
2020-12-31	฿15.42	฿17.80	x
2021-12-31	฿15.48	฿17.80	x
2022-12-31	฿14.49	฿17.80	x
2023-12-31	฿15.11	฿17.80	x
2024-12-31	฿15.30	฿17.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently CH. Karnchang 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): 5.58%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.86%
• Asset Turnover: 0.33x
• Equity Multiplier: 4.37x
Recent ROE (5.58%) is below the historical average (11.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	109.04%	42.54%	0.41x	6.18x	฿2.38 Billion
2003	6.94%	3.54%	0.53x	3.73x	฿-125.66 Million
2004	4.47%	2.63%	0.31x	5.43x	฿-253.24 Million
2005	14.68%	4.57%	0.50x	6.40x	฿218.04 Million
2006	-26.45%	-5.61%	0.71x	6.61x	฿-1.67 Billion
2007	0.27%	0.10%	0.61x	4.48x	฿-532.25 Million
2008	11.23%	3.94%	0.56x	5.07x	฿62.51 Million
2009	1.64%	0.64%	0.47x	5.38x	฿-458.37 Million
2010	-5.61%	-3.39%	0.32x	5.10x	฿-932.05 Million
2011	14.53%	8.42%	0.30x	5.74x	฿288.99 Million
2012	6.64%	2.73%	0.41x	5.98x	฿-287.49 Million
2013	46.37%	23.52%	0.45x	4.35x	฿6.02 Billion
2014	12.01%	6.98%	0.41x	4.23x	฿383.78 Million
2015	10.72%	6.29%	0.37x	4.55x	฿146.92 Million
2016	9.32%	4.37%	0.48x	4.42x	฿-145.66 Million
2017	7.71%	5.04%	0.45x	3.38x	฿-538.62 Million
2018	9.81%	8.51%	0.35x	3.28x	฿-47.79 Million
2019	6.49%	7.73%	0.28x	3.01x	฿-961.49 Million
2020	2.37%	3.66%	0.20x	3.20x	฿-1.97 Billion
2021	3.53%	7.42%	0.15x	3.25x	฿-1.66 Billion
2022	4.60%	6.10%	0.21x	3.54x	฿-1.30 Billion
2023	5.89%	4.08%	0.38x	3.80x	฿-1.05 Billion
2024	5.58%	3.86%	0.33x	4.37x	฿-1.15 Billion

Industry Comparison

This section compares CH. Karnchang PCL's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $4,230,958,617
Average return on equity (ROE) among peers: -244.84%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
CH. Karnchang PCL (CK)	฿28.57 Billion	109.04%	3.08x	$932.28 Million
Asia Precision Public Company Limited (APCS)	$1.47 Billion	10.09%	0.27x	$27.15 Million
CH. Karnchang Public Company Limited (CK-R)	$19.47 Billion	11.79%	3.15x	$874.67 Million
Christiani & Nielsen (Thai) Public Company Limited (CNT)	$1.73 Billion	-20.49%	2.02x	$99.96 Million
Chiangmai Rimdoi Public Company Limited (CRD)	$281.94 Million	-27.02%	2.02x	$7.01 Million
Demco Public Company Limited (DEMCO)	$3.35 Billion	10.82%	0.87x	$84.58 Million
EMC Public Company Limited (EMC)	$842.25 Million	-8.41%	1.56x	$3.92 Million
Floyd Public Company Limited (FLOYD)	$431.94 Million	10.19%	0.32x	$14.96 Million
Hydrotek Public Company Limited (HYDRO)	$3.38 Million	-2199.33%	125.55x	$3.26 Million
Italian-Thai Development Public Company Limited (ITD)	$10.51 Billion	8.76%	1.41x	$52.66 Million

About CH. Karnchang PCL

BK:CK Thailand Engineering & Construction

Market Cap

$932.28 Million

฿29.91 Billion THB

Market Cap Rank

#8904 Global

#82 in Thailand

Share Price

฿17.80

Change (1 day)

+5.95%

52-Week Range

฿11.20 - ฿20.20

All Time High

฿29.94