Charoen Pokphand Foods Public Company Limited (CPF) - Net Assets

Latest as of March 2026: ฿264.90 Billion THB ≈ $8.26 Billion USD

Based on the latest financial reports, Charoen Pokphand Foods Public Company Limited (CPF) has net assets worth ฿264.90 Billion THB (≈ $8.26 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿883.73 Billion ≈ $27.55 Billion USD) and total liabilities (฿618.83 Billion ≈ $19.29 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. Check how strategically is Charoen Pokphand Foods Public Company Li's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿264.90 Billion
% of Total Assets	29.97%
Annual Growth Rate	9.72%
5-Year Change	-21.67%
10-Year Change	16.12%
Growth Volatility	18.56

Charoen Pokphand Foods Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how Charoen Pokphand Foods Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Charoen Pokphand Foods Public Company Li worth.

Annual Net Assets for Charoen Pokphand Foods Public Company Limited (2000–2025)

The table below shows the annual net assets of Charoen Pokphand Foods Public Company Limited from 2000 to 2025. Also explore CPF shareholders equity momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	฿224.93 Billion ≈ $7.01 Billion	-23.29%
2024-12-31	฿293.22 Billion ≈ $9.14 Billion	+2.87%
2023-12-31	฿285.03 Billion ≈ $8.88 Billion	-4.94%
2022-12-31	฿299.84 Billion ≈ $9.35 Billion	+4.43%
2021-12-31	฿287.14 Billion ≈ $8.95 Billion	+9.52%
2020-12-31	฿262.18 Billion ≈ $8.17 Billion	+19.79%
2019-12-31	฿218.87 Billion ≈ $6.82 Billion	+0.10%
2018-12-31	฿218.66 Billion ≈ $6.82 Billion	-3.52%
2017-12-31	฿226.64 Billion ≈ $7.06 Billion	+17.00%
2016-12-31	฿193.71 Billion ≈ $6.04 Billion	+11.50%
2015-12-31	฿173.72 Billion ≈ $5.41 Billion	+5.95%
2014-12-31	฿163.97 Billion ≈ $5.11 Billion	+26.54%
2013-12-31	฿129.57 Billion ≈ $4.04 Billion	+7.28%
2012-12-31	฿120.78 Billion ≈ $3.76 Billion	+81.57%
2011-12-31	฿66.52 Billion ≈ $2.07 Billion	+8.86%
2010-12-31	฿61.10 Billion ≈ $1.90 Billion	+11.14%
2009-12-31	฿54.98 Billion ≈ $1.71 Billion	+20.70%
2008-12-31	฿45.55 Billion ≈ $1.42 Billion	+3.02%
2007-12-31	฿44.21 Billion ≈ $1.38 Billion	+3.60%
2006-12-31	฿42.68 Billion ≈ $1.33 Billion	-2.53%
2005-12-31	฿43.79 Billion ≈ $1.36 Billion	+38.45%
2004-12-31	฿31.63 Billion ≈ $985.83 Million	+3.69%
2003-12-31	฿30.50 Billion ≈ $950.75 Million	+14.02%
2002-12-31	฿26.75 Billion ≈ $833.87 Million	+18.79%
2001-12-31	฿22.52 Billion ≈ $701.99 Million	+1.72%
2000-12-31	฿22.14 Billion ≈ $690.12 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Charoen Pokphand Foods 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 grown by 1920.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿132.38 Billion	64.32%
Common Stock	฿8.41 Billion	4.08%
Other Comprehensive Income	฿15.83 Billion	7.69%
Other Components	฿49.20 Billion	23.90%
Total Equity	฿205.82 Billion	100.00%

Charoen Pokphand Foods Public Company Limited Competitors by Market Cap

The table below lists competitors of Charoen Pokphand Foods Public Company Limited ranked by their market capitalization.

Company	Market Cap
SBM Offshore N.V. AS:SBMO	$5.34 Billion
NewJersey Resources Corporation NYSE:NJR	$5.35 Billion
CENTESSA PHARMACEUTICALS F:260	$5.35 Billion
QuantumCTek Co Ltd SHG:688027	$5.36 Billion
Hong Leong Financial Group Bhd KLSE:1082	$5.34 Billion
Thai Airways International Public Company Limited BK:THAI	$5.34 Billion
Dropbox Inc NASDAQ:DBX	$5.34 Billion
RLI Corp NYSE:RLI	$5.33 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Charoen Pokphand Foods Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 246,040,670,000 to 205,819,528,000, a change of -40,221,142,000 (-16.3%).
Net income of 25,197,488,000 contributed positively to equity growth.
Dividend payments of 13,468,490,000 reduced retained earnings.
Share repurchases of 2,174,884,000 reduced equity.
New share issuances of 199,824,000 increased equity.
Other comprehensive income increased equity by 11,235,838,000.
Other factors decreased equity by 61,210,918,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿25.20 Billion	+12.24%
Dividends Paid	฿13.47 Billion	-6.54%
Share Repurchases	฿2.17 Billion	-1.06%
Share Issuances	฿199.82 Million	+0.1%
Other Comprehensive Income	฿11.24 Billion	+5.46%
Other Changes	฿-61.21 Billion	-29.74%
Total Change	฿-	-16.35%

Book Value vs Market Value Analysis

This analysis compares Charoen Pokphand Foods 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: 0.84x
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 increased from 0.39x to 0.84x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	฿57.81	฿22.30	x
2005-12-31	฿7.01	฿22.30	x
2006-12-31	฿5.86	฿22.30	x
2007-12-31	฿6.07	฿22.30	x
2008-12-31	฿6.33	฿22.30	x
2009-12-31	฿7.73	฿22.30	x
2010-12-31	฿8.72	฿22.30	x
2011-12-31	฿9.55	฿22.30	x
2012-12-31	฿14.39	฿22.30	x
2013-12-31	฿14.86	฿22.30	x
2014-12-31	฿15.91	฿22.30	x
2015-12-31	฿15.75	฿22.30	x
2016-12-31	฿18.10	฿22.30	x
2017-12-31	฿21.76	฿22.30	x
2018-12-31	฿20.22	฿22.30	x
2019-12-31	฿20.56	฿22.30	x
2020-12-31	฿23.32	฿22.30	x
2021-12-31	฿26.21	฿22.30	x
2022-12-31	฿32.26	฿22.30	x
2023-12-31	฿30.62	฿22.30	x
2024-12-31	฿31.77	฿22.30	x
2025-12-31	฿26.66	฿22.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Charoen Pokphand Foods 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): 12.24%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.41%
• Asset Turnover: 0.66x
• Equity Multiplier: 4.19x
Recent ROE (12.24%) is above the historical average (10.90%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	15.96%	4.79%	1.44x	2.31x	฿1.34 Billion
2002	9.76%	3.47%	1.31x	2.14x	฿-64.80 Million
2003	7.36%	2.70%	1.28x	2.12x	฿-804.00 Million
2004	3.96%	1.32%	1.30x	2.31x	฿-1.88 Billion
2005	15.67%	5.79%	1.31x	2.07x	฿2.44 Billion
2006	5.96%	1.97%	1.33x	2.27x	฿-1.70 Billion
2007	2.92%	0.93%	1.34x	2.35x	฿-3.09 Billion
2008	7.16%	2.03%	1.48x	2.39x	฿-1.28 Billion
2009	19.64%	6.17%	1.43x	2.23x	฿5.00 Billion
2010	23.38%	7.17%	1.50x	2.18x	฿7.76 Billion
2011	24.90%	7.68%	1.29x	2.51x	฿9.48 Billion
2012	17.98%	5.26%	1.15x	2.97x	฿8.34 Billion
2013	6.43%	1.82%	1.07x	3.32x	฿-3.91 Billion
2014	8.99%	2.48%	1.02x	3.55x	฿-1.19 Billion
2015	9.50%	2.62%	0.85x	4.25x	฿-577.73 Million
2016	11.00%	3.17%	0.80x	4.35x	฿1.33 Billion
2017	9.08%	3.04%	0.85x	3.53x	฿-1.54 Billion
2018	9.38%	2.87%	0.86x	3.79x	฿-1.02 Billion
2019	10.97%	3.47%	0.84x	3.77x	฿1.63 Billion
2020	22.97%	7.48%	0.77x	3.97x	฿24.90 Billion
2021	6.06%	2.54%	0.61x	3.92x	฿-8.48 Billion
2022	5.46%	2.27%	0.66x	3.62x	฿-11.64 Billion
2023	-2.18%	-0.89%	0.66x	3.71x	฿-29.15 Billion
2024	7.95%	3.37%	0.66x	3.56x	฿-5.05 Billion
2025	12.24%	4.41%	0.66x	4.19x	฿4.62 Billion

Industry Comparison

This section compares Charoen Pokphand Foods Public Company Limited's net assets metrics with peer companies in the Farm Products industry.

Industry Context

Industry: Farm Products
Average net assets among peers: $3,168,094,205
Average return on equity (ROE) among peers: 1.79%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Charoen Pokphand Foods Public Company Limited (CPF)	฿264.90 Billion	15.96%	2.34x	$5.34 Billion
Ai Energy Public Company Limited (AIE)	$2.35 Billion	10.30%	0.23x	$69.88 Million
Agripure Holdings Public Company Limited (APURE)	$2.48 Billion	15.63%	0.20x	$64.91 Million
Bangkok Ranch PCL (BR)	$4.41 Billion	8.75%	1.41x	$54.10 Million
Chumporn Palm Oil Industry Public Company Limited (CPI)	$684.24 Million	7.78%	0.60x	$69.03 Million
Lam Soon (Thailand) Public Company Limited (LST)	$5.02 Billion	8.61%	0.39x	$119.10 Million
Thaifoods Group Public Company Limited (TFG)	$9.89 Billion	14.57%	1.30x	$1.84 Billion
Thaifoods Group Public Company Limited (TFG-R)	$1.55 Billion	-60.92%	4.00x	$1.84 Billion
T S Flour Mill Public Company Limited (TMILL)	$1.09 Billion	10.08%	0.93x	$32.06 Million
Thai Sugar Terminal Public Company Limited (TSTE)	$1.04 Billion	1.29%	0.29x	$121.87 Million

About Charoen Pokphand Foods Public Company Limited

BK:CPF Thailand Farm Products

Market Cap

$5.34 Billion

฿171.47 Billion THB

Market Cap Rank

#3424 Global

#21 in Thailand

Share Price

฿22.30

Change (1 day)

-1.76%

52-Week Range

฿18.60 - ฿24.00

All Time High

฿30.91