CPanel PCL
CPanel Public Company Limited manufactures and supplies precast concrete wall panels for various construction purposes in Thailand. The company offers precast concrete walls and slabs, and building components under the CPanel trademark. CPanel Public Company Limited was incorporated in 2012 and is headquartered in Chonburi, Thailand.
CPanel PCL (CPANEL) - Net Assets
Latest net assets as of September 2025: ฿466.79 Million THB
Based on the latest financial reports, CPanel PCL (CPANEL) has net assets worth ฿466.79 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.16 Billion) and total liabilities (฿693.85 Million). 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 | ฿466.79 Million |
| % of Total Assets | 40.22% |
| Annual Growth Rate | 38.11% |
| 5-Year Change | 275.29% |
| 10-Year Change | N/A |
| Growth Volatility | 67.49 |
CPanel PCL - Net Assets Trend (2017–2024)
This chart illustrates how CPanel 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 CPanel PCL (2017–2024)
The table below shows the annual net assets of CPanel PCL from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿475.86 Million | -5.86% |
| 2023-12-31 | ฿505.50 Million | +11.37% |
| 2022-12-31 | ฿453.90 Million | +16.86% |
| 2021-12-31 | ฿388.41 Million | +206.32% |
| 2020-12-31 | ฿126.80 Million | +11.62% |
| 2019-12-31 | ฿113.60 Million | +40.22% |
| 2018-12-31 | ฿81.02 Million | +63.25% |
| 2017-12-31 | ฿49.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CPanel 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 22081211200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿100.44 Million | 21.11% |
| Other Components | ฿375.42 Million | 78.89% |
| Total Equity | ฿475.86 Million | 100.00% |
CPanel PCL Competitors by Market Cap
The table below lists competitors of CPanel PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENEFI Energiahatekonysagi Nyrt
BUD:ENEFI
|
$3.90 Million |
|
AELIS FARMA SAS EO -004
F:69O
|
$3.91 Million |
|
Adneo Ltd
AU:AD1
|
$3.91 Million |
|
EQTEC plc
LSE:EQT
|
$3.91 Million |
|
Golden Lime PCL
BK:SUTHA
|
$3.90 Million |
|
Portage Biotech Inc
NASDAQ:PRTG
|
$3.90 Million |
|
Summit Networks Inc
PINK:SNTW
|
$3.90 Million |
|
Oceanic Beverages Co Inc
TW:1213
|
$3.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CPanel PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 505,500,154 to 475,857,830, a change of -29,642,324 (-5.9%).
- Net loss of 3,287,444 reduced equity.
- Dividend payments of 26,108,570 reduced retained earnings.
- Other comprehensive income decreased equity by 8,920,873.
- Other factors increased equity by 8,674,563.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-3.29 Million | -0.69% |
| Dividends Paid | ฿26.11 Million | -5.49% |
| Other Comprehensive Income | ฿-8.92 Million | -1.87% |
| Other Changes | ฿8.67 Million | +1.82% |
| Total Change | ฿- | -5.86% |
Book Value vs Market Value Analysis
This analysis compares CPanel 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: 0.70x
- 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 6.58x to 0.70x 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 | ฿0.31 | ฿2.04 | x |
| 2018-12-31 | ฿0.51 | ฿2.04 | x |
| 2019-12-31 | ฿0.71 | ฿2.04 | x |
| 2020-12-31 | ฿0.79 | ฿2.04 | x |
| 2021-12-31 | ฿3.01 | ฿2.04 | x |
| 2022-12-31 | ฿2.73 | ฿2.04 | x |
| 2023-12-31 | ฿2.89 | ฿2.04 | x |
| 2024-12-31 | ฿2.92 | ฿2.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CPanel 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): -0.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.33%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.30x
- Recent ROE (-0.69%) is below the historical average (0.92%), 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 | -108.84% | -39.20% | 0.25x | 11.29x | ฿-58.98 Million |
| 2018 | 38.74% | 13.44% | 0.41x | 7.02x | ฿23.29 Million |
| 2019 | 32.22% | 11.55% | 0.58x | 4.84x | ฿25.25 Million |
| 2020 | 10.35% | 5.96% | 0.41x | 4.23x | ฿444.02K |
| 2021 | 8.19% | 10.23% | 0.51x | 1.57x | ฿-7.05 Million |
| 2022 | 14.97% | 15.74% | 0.63x | 1.51x | ฿22.55 Million |
| 2023 | 12.40% | 14.73% | 0.46x | 1.84x | ฿12.16 Million |
| 2024 | -0.69% | -1.33% | 0.23x | 2.30x | ฿-50.87 Million |
Industry Comparison
This section compares CPanel PCL's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $2,921,128,508
- Average return on equity (ROE) among peers: 4.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CPanel PCL (CPANEL) | ฿466.79 Million | -108.84% | 1.49x | $3.90 Million |
| Chonburi Concrete Product Public Company Limited (CCP) | $1.46 Billion | -1.54% | 1.04x | $9.62 Million |
| Dcon Products Public Company Limited (DCON) | $441.78 Million | 7.34% | 0.46x | $9.17 Million |
| General Engineering Public Company Limited (GEL) | $527.67 Million | -12.22% | 0.64x | $4.96 Million |
| SCG Decor PCL (SCGD) | $21.31 Billion | 1.54% | 0.95x | $61.51 Million |
| Southern Concrete Pile PCL (SCP) | $442.74 Million | 10.24% | 1.50x | $31.95 Million |
| Sirakorn PCL (SK) | $423.20 Million | 11.79% | 0.28x | $4.35 Million |
| Smart Concrete Public Company Limited (SMART) | $671.77 Million | 15.87% | 0.22x | $5.27 Million |
| STC Concrete Product Public Company Limited (STC) | $366.28 Million | 2.62% | 1.17x | $1.51 Million |
| STONE ONE PUBLIC COMPANY LIMITED (STX) | $643.44 Million | 5.91% | 0.18x | $3.55 Million |