Comanche International Public Company Limited (COMAN) - Net Assets
Based on the latest financial reports, Comanche International Public Company Limited (COMAN) has net assets worth ฿134.52 Million THB (≈ $4.19 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿148.44 Million ≈ $4.63 Million USD) and total liabilities (฿13.92 Million ≈ $434.00K 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 tangible net worth ratio of Comanche International Public Company Li to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿134.52 Million |
| % of Total Assets | 90.62% |
| Annual Growth Rate | 16.89% |
| 5-Year Change | -67.94% |
| 10-Year Change | -67.05% |
| Growth Volatility | 146.6 |
Comanche International Public Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how Comanche International Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Comanche International Public Company Li defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Comanche International Public Company Limited (2013–2025)
The table below shows the annual net assets of Comanche International Public Company Limited from 2013 to 2025. For live valuation and market cap data, see Comanche International Public Company Li (COMAN) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿134.52 Million ≈ $4.19 Million |
-59.07% |
| 2024-12-31 | ฿328.64 Million ≈ $10.24 Million |
-5.86% |
| 2023-12-31 | ฿349.09 Million ≈ $10.88 Million |
+0.79% |
| 2022-12-31 | ฿346.37 Million ≈ $10.80 Million |
-17.46% |
| 2021-12-31 | ฿419.62 Million ≈ $13.08 Million |
-5.44% |
| 2020-12-31 | ฿443.75 Million ≈ $13.83 Million |
-4.88% |
| 2019-12-31 | ฿466.53 Million ≈ $14.54 Million |
-0.80% |
| 2018-12-31 | ฿470.30 Million ≈ $14.66 Million |
+6.08% |
| 2017-12-31 | ฿443.33 Million ≈ $13.82 Million |
+8.61% |
| 2016-12-31 | ฿408.19 Million ≈ $12.72 Million |
+268.45% |
| 2015-12-31 | ฿110.79 Million ≈ $3.45 Million |
+465.99% |
| 2014-12-31 | ฿19.57 Million ≈ $610.10K |
-5.36% |
| 2013-12-31 | ฿20.68 Million ≈ $644.66K |
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Equity Component Analysis
This analysis shows how different components contribute to Comanche International 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 1873.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿470.20 Million | 349.55% |
| Total Equity | ฿134.52 Million | 100.00% |
Comanche International Public Company Limited Competitors by Market Cap
The table below lists competitors of Comanche International Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kiplin Metals Inc
V:KIP
|
$2.66 Million |
|
Prima Cakrawala Abadi PT
JK:PCAR
|
$2.67 Million |
|
AMMPOWER CORP.
F:601A
|
$2.67 Million |
|
CPT Global Ltd
AU:CGO
|
$2.67 Million |
|
Pantheon Resources
LSE:PANR
|
$2.66 Million |
|
Antelope Enterprise Holdings Ltd
NASDAQ:AEHL
|
$2.66 Million |
|
Westar Resources Ltd
AU:WSR
|
$2.66 Million |
|
Staffing 360 Solutions Inc
NASDAQ:STAF
|
$2.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Comanche International Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 328,635,836 to 134,517,318, a change of -194,118,518 (-59.1%).
- Net loss of 234,133,842 reduced equity.
- New share issuances of 40,015,324 increased equity.
- Other comprehensive income decreased equity by 6,248,546.
- Other factors increased equity by 6,248,546.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-234.13 Million | -174.05% |
| Share Issuances | ฿40.02 Million | +29.75% |
| Other Comprehensive Income | ฿-6.25 Million | -4.65% |
| Other Changes | ฿6.25 Million | +4.65% |
| Total Change | ฿- | -59.07% |
Book Value vs Market Value Analysis
This analysis compares Comanche International 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: 0.63x
- 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 2.61x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.20 | ฿0.51 | x |
| 2015-12-31 | ฿8.87 | ฿0.51 | x |
| 2016-12-31 | ฿5.47 | ฿0.51 | x |
| 2017-12-31 | ฿3.21 | ฿0.51 | x |
| 2018-12-31 | ฿3.37 | ฿0.51 | x |
| 2019-12-31 | ฿3.27 | ฿0.51 | x |
| 2020-12-31 | ฿3.13 | ฿0.51 | x |
| 2021-12-31 | ฿2.96 | ฿0.51 | x |
| 2022-12-31 | ฿2.54 | ฿0.51 | x |
| 2023-12-31 | ฿2.55 | ฿0.51 | x |
| 2024-12-31 | ฿2.23 | ฿0.51 | x |
| 2025-12-31 | ฿0.80 | ฿0.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Comanche International 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): -174.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -141.24%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.10x
- Recent ROE (-174.05%) is below the historical average (-6.87%), 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 | 67.88% | 20.79% | 1.34x | 2.44x | ฿11.33 Million |
| 2015 | 24.44% | 26.77% | 0.59x | 1.55x | ฿16.00 Million |
| 2016 | 8.17% | 25.07% | 0.30x | 1.10x | ฿-7.45 Million |
| 2017 | 7.02% | 17.27% | 0.35x | 1.16x | ฿-12.82 Million |
| 2018 | 7.26% | 18.89% | 0.34x | 1.15x | ฿-12.37 Million |
| 2019 | 2.61% | 5.82% | 0.37x | 1.23x | ฿-32.44 Million |
| 2020 | -0.13% | -0.35% | 0.31x | 1.23x | ฿-42.56 Million |
| 2021 | -5.19% | -19.17% | 0.22x | 1.23x | ฿-60.31 Million |
| 2022 | -7.20% | -32.32% | 0.19x | 1.14x | ฿-58.61 Million |
| 2023 | 0.58% | 0.65% | 0.73x | 1.22x | ฿-32.22 Million |
| 2024 | -13.86% | -21.25% | 0.62x | 1.05x | ฿-78.40 Million |
| 2025 | -174.05% | -141.24% | 1.12x | 1.10x | ฿-247.59 Million |
Industry Comparison
This section compares Comanche International Public Company Limited's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $1,572,042,478
- Average return on equity (ROE) among peers: 12.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Comanche International Public Company Limited (COMAN) | ฿134.52 Million | 67.88% | 0.10x | $2.66 Million |
| AJ Advance Technology Public Company Limited (AJA) | $368.74 Million | 18.52% | 2.33x | $23.41 Million |
| Communication & System Solution Public Company Limited (CSS) | $1.70 Billion | 10.04% | 1.03x | $34.45 Million |
| IT City Public Company Limited (IT) | $1.04 Billion | 1.47% | 0.74x | $65.67 Million |
| Metro Systems Corporation Public Company Limited (MSC) | $1.47 Billion | 12.00% | 1.13x | $69.57 Million |
| Simat Technologies Public Company Limited (SIMAT) | $255.90 Million | 13.55% | 1.76x | $27.49 Million |
| SiS Distribution (Thailand) Public Company Limited (SIS) | $2.81 Billion | 21.27% | 1.73x | $234.68 Million |
| S P V I Public Company Limited (SPVI) | $638.69 Million | 15.91% | 1.14x | $43.39 Million |
| SVOA Public Company Limited (SVOA) | $1.79 Billion | 3.48% | 1.11x | $45.89 Million |
| Synnex (Thailand) Public Company Limited (SYNEX) | $4.08 Billion | 12.58% | 2.39x | $244.31 Million |
About Comanche International Public Company Limited
Comanche International Public Company Limited, together with its subsidiaries, provides computer software solution and other services for hotels and serviced apartments in Thailand. It operates through Digital Assets and Service Stations of Automotive Fuels segments. The company sells computers and computer software, as well as provides maintenance services relating to computer software. It also … Read more