Christiani & Nielsen (Thai) Public Company Limited
Christiani & Nielsen (Thai) Public Company Limited, together with its subsidiaries, provides construction services for government and private sectors. It operates in two segments Construction services, and Sales and Service. The company engages in the civil and infrastructure; general buildings and hospitality; power and petrochemicals; and industrial facilities and hypermarkets business, as well… Read more
Christiani & Nielsen (Thai) Public Company Limited (CNT) - Net Assets
Latest net assets as of September 2025: ฿1.74 Billion THB
Based on the latest financial reports, Christiani & Nielsen (Thai) Public Company Limited (CNT) has net assets worth ฿1.74 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 (฿6.64 Billion) and total liabilities (฿4.90 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 | ฿1.74 Billion |
| % of Total Assets | 26.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | -18.38% |
| 10-Year Change | -1.86% |
| Growth Volatility | 20.41 |
Christiani & Nielsen (Thai) Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Christiani & Nielsen (Thai) 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 Christiani & Nielsen (Thai) Public Company Limited (2000–2024)
The table below shows the annual net assets of Christiani & Nielsen (Thai) Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.72 Billion | +2.36% |
| 2023-12-31 | ฿1.68 Billion | +1.66% |
| 2022-12-31 | ฿1.65 Billion | -14.35% |
| 2021-12-31 | ฿1.93 Billion | -8.42% |
| 2020-12-31 | ฿2.10 Billion | +0.77% |
| 2019-12-31 | ฿2.09 Billion | +42.96% |
| 2018-12-31 | ฿1.46 Billion | -24.52% |
| 2017-12-31 | ฿1.93 Billion | +5.17% |
| 2016-12-31 | ฿1.84 Billion | +5.14% |
| 2015-12-31 | ฿1.75 Billion | +1.39% |
| 2014-12-31 | ฿1.73 Billion | -20.84% |
| 2013-12-31 | ฿2.18 Billion | +19.27% |
| 2012-12-31 | ฿1.83 Billion | +10.16% |
| 2011-12-31 | ฿1.66 Billion | +1.01% |
| 2010-12-31 | ฿1.64 Billion | +45.24% |
| 2009-12-31 | ฿1.13 Billion | -8.63% |
| 2008-12-31 | ฿1.24 Billion | +21.53% |
| 2007-12-31 | ฿1.02 Billion | +9.12% |
| 2006-12-31 | ฿933.09 Million | -3.09% |
| 2005-12-31 | ฿962.87 Million | +18.90% |
| 2004-12-31 | ฿809.79 Million | +57.10% |
| 2003-12-31 | ฿515.46 Million | +149.75% |
| 2002-12-31 | ฿-1.04 Billion | +0.24% |
| 2001-12-31 | ฿-1.04 Billion | -27.74% |
| 2000-12-31 | ฿-813.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Christiani & Nielsen (Thai) 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 103.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿1.03 Billion | 60.26% |
| Other Comprehensive Income | ฿108.51 Million | 6.36% |
| Other Components | ฿576.66 Million | 33.80% |
| Total Equity | ฿1.71 Billion | 100.00% |
Christiani & Nielsen (Thai) Public Company Limited Competitors by Market Cap
The table below lists competitors of Christiani & Nielsen (Thai) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bangkok Genomics Innovation Pcl
BK:BKGI
|
$8.21 Million |
|
CASH Financial Services Group Limited
F:CFN0
|
$8.21 Million |
|
FORSEE POWER(PROM.)EO-10
F:4OY
|
$8.21 Million |
|
Yangjisa Co. Ltd
KQ:030960
|
$8.21 Million |
|
Genetic Signatures Ltd
AU:GSS
|
$8.20 Million |
|
Green World Hotels Co., Ltd.
TWO:8077
|
$8.20 Million |
|
Pion Group AB Series B
ST:PION-B
|
$8.20 Million |
|
Zeo Energy Corp
NASDAQ:ZEO
|
$8.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Christiani & Nielsen (Thai) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,665,932,561 to 1,705,885,646, a change of 39,953,085 (2.4%).
- Net income of 49,869,381 contributed positively to equity growth.
- Other comprehensive income decreased equity by 474,200,224.
- Other factors increased equity by 464,283,928.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿49.87 Million | +2.92% |
| Other Comprehensive Income | ฿-474.20 Million | -27.8% |
| Other Changes | ฿464.28 Million | +27.22% |
| Total Change | ฿- | 2.40% |
Book Value vs Market Value Analysis
This analysis compares Christiani & Nielsen (Thai) 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: 0.64x
- 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 1.04x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿1.03 | ฿1.07 | x |
| 2006-12-31 | ฿1.00 | ฿1.07 | x |
| 2007-12-31 | ฿1.09 | ฿1.07 | x |
| 2008-12-31 | ฿1.10 | ฿1.07 | x |
| 2009-12-31 | ฿1.23 | ฿1.07 | x |
| 2010-12-31 | ฿2.08 | ฿1.07 | x |
| 2011-12-31 | ฿1.80 | ฿1.07 | x |
| 2012-12-31 | ฿1.81 | ฿1.07 | x |
| 2013-12-31 | ฿2.14 | ฿1.07 | x |
| 2014-12-31 | ฿1.69 | ฿1.07 | x |
| 2015-12-31 | ฿1.71 | ฿1.07 | x |
| 2016-12-31 | ฿1.80 | ฿1.07 | x |
| 2017-12-31 | ฿1.90 | ฿1.07 | x |
| 2018-12-31 | ฿1.40 | ฿1.07 | x |
| 2019-12-31 | ฿2.01 | ฿1.07 | x |
| 2020-12-31 | ฿2.02 | ฿1.07 | x |
| 2021-12-31 | ฿1.85 | ฿1.07 | x |
| 2022-12-31 | ฿1.59 | ฿1.07 | x |
| 2023-12-31 | ฿1.62 | ฿1.07 | x |
| 2024-12-31 | ฿1.66 | ฿1.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Christiani & Nielsen (Thai) 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): 2.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 3.79x
- Recent ROE (2.92%) is below the historical average (15.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 233.37% | 36.10% | 1.62x | 4.00x | ฿1.15 Billion |
| 2004 | 38.10% | 7.53% | 1.80x | 2.82x | ฿227.55 Million |
| 2005 | 14.14% | 3.69% | 1.39x | 2.76x | ฿39.88 Million |
| 2006 | 7.03% | 1.35% | 1.60x | 3.26x | ฿-27.76 Million |
| 2007 | 11.51% | 1.85% | 1.92x | 3.24x | ฿15.36 Million |
| 2008 | 0.38% | 0.08% | 1.52x | 3.26x | ฿-98.56 Million |
| 2009 | 13.37% | 3.50% | 1.40x | 2.73x | ฿38.57 Million |
| 2010 | 21.45% | 8.58% | 1.20x | 2.08x | ฿188.04 Million |
| 2011 | 9.95% | 3.44% | 1.16x | 2.50x | ฿-861.01K |
| 2012 | 25.68% | 6.41% | 1.60x | 2.51x | ฿284.42 Million |
| 2013 | 20.58% | 4.89% | 1.61x | 2.61x | ฿227.27 Million |
| 2014 | -20.85% | -3.75% | 1.81x | 3.07x | ฿-522.94 Million |
| 2015 | 1.35% | 0.32% | 1.61x | 2.65x | ฿-148.39 Million |
| 2016 | 7.78% | 2.01% | 1.39x | 2.77x | ฿-40.11 Million |
| 2017 | 4.94% | 1.20% | 1.35x | 3.04x | ฿-96.65 Million |
| 2018 | -29.43% | -5.94% | 1.26x | 3.94x | ฿-566.81 Million |
| 2019 | 3.54% | 1.01% | 1.08x | 3.25x | ฿-133.47 Million |
| 2020 | 3.63% | 1.00% | 1.18x | 3.06x | ฿-132.65 Million |
| 2021 | -6.84% | -2.11% | 1.11x | 2.91x | ฿-320.90 Million |
| 2022 | -13.37% | -4.10% | 0.86x | 3.79x | ฿-382.01 Million |
| 2023 | 1.74% | 0.40% | 1.12x | 3.89x | ฿-137.55 Million |
| 2024 | 2.92% | 0.82% | 0.94x | 3.79x | ฿-120.72 Million |
Industry Comparison
This section compares Christiani & Nielsen (Thai) Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,902,230,920
- Average return on equity (ROE) among peers: 5.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | ฿1.74 Billion | 233.37% | 2.81x | $8.20 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 |
| Civil Engineering PCL (CIVIL) | $772.10 Million | 24.95% | 7.45x | $4.32 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 |
| 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 |