CPL Group Public Company Limited (CPL) - Net Assets
Based on the latest financial reports, CPL Group Public Company Limited (CPL) has net assets worth ฿625.73 Million THB (≈ $19.50 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 (฿2.08 Billion ≈ $64.71 Million USD) and total liabilities (฿1.45 Billion ≈ $45.20 Million 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 CPL Group Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿625.73 Million |
| % of Total Assets | 30.14% |
| Annual Growth Rate | 0.14% |
| 5-Year Change | -21.16% |
| 10-Year Change | -25.81% |
| Growth Volatility | 8.44 |
CPL Group Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how CPL Group Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is CPL Group Public Company Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for CPL Group Public Company Limited (2000–2024)
The table below shows the annual net assets of CPL Group Public Company Limited from 2000 to 2024. For live valuation and market cap data, see CPL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿737.79 Million ≈ $23.00 Million |
-9.83% |
| 2023-12-31 | ฿818.23 Million ≈ $25.50 Million |
-17.64% |
| 2022-12-31 | ฿993.50 Million ≈ $30.97 Million |
-0.26% |
| 2021-12-31 | ฿996.10 Million ≈ $31.05 Million |
+6.44% |
| 2020-12-31 | ฿935.83 Million ≈ $29.17 Million |
+2.31% |
| 2019-12-31 | ฿914.74 Million ≈ $28.51 Million |
-15.66% |
| 2018-12-31 | ฿1.08 Billion ≈ $33.81 Million |
+0.89% |
| 2017-12-31 | ฿1.08 Billion ≈ $33.51 Million |
+19.16% |
| 2016-12-31 | ฿902.17 Million ≈ $28.12 Million |
-9.28% |
| 2015-12-31 | ฿994.41 Million ≈ $30.99 Million |
-3.01% |
| 2014-12-31 | ฿1.03 Billion ≈ $31.96 Million |
+3.17% |
| 2013-12-31 | ฿993.77 Million ≈ $30.98 Million |
+3.89% |
| 2012-12-31 | ฿956.53 Million ≈ $29.81 Million |
-1.04% |
| 2011-12-31 | ฿966.63 Million ≈ $30.13 Million |
+1.77% |
| 2010-12-31 | ฿949.80 Million ≈ $29.60 Million |
+0.00% |
| 2009-12-31 | ฿949.78 Million ≈ $29.60 Million |
+5.27% |
| 2008-12-31 | ฿902.21 Million ≈ $28.12 Million |
+5.95% |
| 2007-12-31 | ฿851.55 Million ≈ $26.54 Million |
-8.81% |
| 2006-12-31 | ฿933.85 Million ≈ $29.11 Million |
+5.69% |
| 2005-12-31 | ฿883.57 Million ≈ $27.54 Million |
-1.44% |
| 2004-12-31 | ฿896.46 Million ≈ $27.94 Million |
+3.68% |
| 2003-12-31 | ฿864.65 Million ≈ $26.95 Million |
-2.02% |
| 2002-12-31 | ฿882.51 Million ≈ $27.51 Million |
+17.25% |
| 2001-12-31 | ฿752.65 Million ≈ $23.46 Million |
+5.60% |
| 2000-12-31 | ฿712.72 Million ≈ $22.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CPL Group 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 126.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿439.84 Million | 59.69% |
| Other Comprehensive Income | ฿33.94 Million | 4.61% |
| Other Components | ฿330.24 Million | 44.82% |
| Total Equity | ฿736.89 Million | 100.00% |
CPL Group Public Company Limited Competitors by Market Cap
The table below lists competitors of CPL Group Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Transocean Holdings Bhd
KLSE:7218
|
$9.60 Million |
|
Zenith Steel Pipes & Industries Limited
NSE:ZENITHSTL
|
$9.60 Million |
|
Redivium Ltd
AU:RIL
|
$9.61 Million |
|
Thriven Global Bhd
KLSE:7889
|
$9.61 Million |
|
Leslies Inc
NASDAQ:LESL
|
$9.60 Million |
|
CoinSmart Financial Inc
NEO:SMRT
|
$9.59 Million |
|
Exact Therapeutics AS
OL:EXTX
|
$9.59 Million |
|
The European Smaller Companies Trust PLC
LSE:ESCT
|
$9.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CPL Group Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 817,971,732 to 736,887,462, a change of -81,084,270 (-9.9%).
- Net loss of 80,436,822 reduced equity.
- Other comprehensive income increased equity by 90,020.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-80.44 Million | -10.92% |
| Other Comprehensive Income | ฿90.02K | +0.01% |
| Other Changes | ฿-737.47K | -0.1% |
| Total Change | ฿- | -9.91% |
Book Value vs Market Value Analysis
This analysis compares CPL Group 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: 0.42x
- 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 0.22x to 0.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿3.19 | ฿0.70 | x |
| 2006-12-31 | ฿3.37 | ฿0.70 | x |
| 2007-12-31 | ฿3.07 | ฿0.70 | x |
| 2008-12-31 | ฿3.25 | ฿0.70 | x |
| 2009-12-31 | ฿3.43 | ฿0.70 | x |
| 2010-12-31 | ฿3.43 | ฿0.70 | x |
| 2011-12-31 | ฿3.49 | ฿0.70 | x |
| 2012-12-31 | ฿3.45 | ฿0.70 | x |
| 2013-12-31 | ฿3.59 | ฿0.70 | x |
| 2014-12-31 | ฿3.70 | ฿0.70 | x |
| 2015-12-31 | ฿3.58 | ฿0.70 | x |
| 2016-12-31 | ฿2.05 | ฿0.70 | x |
| 2017-12-31 | ฿2.44 | ฿0.70 | x |
| 2018-12-31 | ฿2.47 | ฿0.70 | x |
| 2019-12-31 | ฿2.08 | ฿0.70 | x |
| 2020-12-31 | ฿2.13 | ฿0.70 | x |
| 2021-12-31 | ฿2.26 | ฿0.70 | x |
| 2022-12-31 | ฿2.26 | ฿0.70 | x |
| 2023-12-31 | ฿1.86 | ฿0.70 | x |
| 2024-12-31 | ฿1.65 | ฿0.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CPL Group 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): -10.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.14%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 2.95x
- Recent ROE (-10.92%) is below the historical average (2.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 13.89% | 7.98% | 1.53x | 1.14x | ฿27.70 Million |
| 2001 | 14.62% | 6.45% | 1.92x | 1.18x | ฿34.74 Million |
| 2002 | 19.91% | 9.39% | 1.77x | 1.20x | ฿87.44 Million |
| 2003 | 9.15% | 3.71% | 1.92x | 1.28x | ฿-7.34 Million |
| 2004 | 8.48% | 3.57% | 1.61x | 1.47x | ฿-13.63 Million |
| 2005 | 1.25% | 0.56% | 1.54x | 1.45x | ฿-77.27 Million |
| 2006 | 7.32% | 3.18% | 1.89x | 1.21x | ฿-25.07 Million |
| 2007 | -3.61% | -1.57% | 1.91x | 1.20x | ฿-115.89 Million |
| 2008 | 8.52% | 4.17% | 1.65x | 1.24x | ฿-13.31 Million |
| 2009 | 9.25% | 5.68% | 1.40x | 1.16x | ฿-7.15 Million |
| 2010 | 6.95% | 3.32% | 1.77x | 1.18x | ฿-28.96 Million |
| 2011 | 8.46% | 4.65% | 1.52x | 1.20x | ฿-14.84 Million |
| 2012 | 4.46% | 2.46% | 1.54x | 1.18x | ฿-52.95 Million |
| 2013 | 6.63% | 3.59% | 1.44x | 1.28x | ฿-33.47 Million |
| 2014 | 8.68% | 3.89% | 1.56x | 1.44x | ฿-13.56 Million |
| 2015 | 3.54% | 1.52% | 1.50x | 1.55x | ฿-64.27 Million |
| 2016 | -6.26% | -3.19% | 1.17x | 1.68x | ฿-146.69 Million |
| 2017 | -9.60% | -4.54% | 1.10x | 1.92x | ฿-210.71 Million |
| 2018 | 1.10% | 0.41% | 1.03x | 2.60x | ฿-96.48 Million |
| 2019 | -17.92% | -6.74% | 1.09x | 2.44x | ฿-255.36 Million |
| 2020 | 2.02% | 1.18% | 0.75x | 2.28x | ฿-74.71 Million |
| 2021 | 6.93% | 3.68% | 0.77x | 2.45x | ฿-30.55 Million |
| 2022 | 1.96% | 0.82% | 0.96x | 2.50x | ฿-79.92 Million |
| 2023 | -20.81% | -9.24% | 0.74x | 3.04x | ฿-252.02 Million |
| 2024 | -10.92% | -4.14% | 0.89x | 2.95x | ฿-154.13 Million |
Industry Comparison
This section compares CPL Group Public Company Limited's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $2,514,784,363
- Average return on equity (ROE) among peers: 5.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CPL Group Public Company Limited (CPL) | ฿625.73 Million | 13.89% | 2.32x | $9.60 Million |
| Pan Asia Footwear Public Company Limited (PAF) | $2.51 Billion | 5.82% | 1.21x | $16.49 Million |
About CPL Group Public Company Limited
CPL Group Public Company Limited engages in the manufacture and distribution of leather products in Thailand and internationally. It offers finished leather products, including full grain and suede split leather products comprising nubuck, oil and wax, pigment, sued, and waterproof leather for shoe, bag, and goods factories; safety helmets, and back support products under the PANGOLIN brand name;… Read more