Central Pattana Public Company Limited (CPN) - Net Assets

Latest as of September 2025: ฿114.88 Billion THB

Based on the latest financial reports, Central Pattana Public Company Limited (CPN) has net assets worth ฿114.88 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 (฿299.65 Billion) and total liabilities (฿184.77 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	฿114.88 Billion
% of Total Assets	38.34%
Annual Growth Rate	15.02%
5-Year Change	42.41%
10-Year Change	134.67%
Growth Volatility	12.03

Central Pattana Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Central Pattana 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 Central Pattana Public Company Limited (2000–2024)

The table below shows the annual net assets of Central Pattana Public Company Limited from 2000 to 2024.

Year	Net Assets	Change
2024-12-31	฿109.83 Billion	+9.19%
2023-12-31	฿100.58 Billion	+12.23%
2022-12-31	฿89.62 Billion	+9.19%
2021-12-31	฿82.08 Billion	+6.42%
2020-12-31	฿77.12 Billion	-4.15%
2019-12-31	฿80.46 Billion	+8.48%
2018-12-31	฿74.18 Billion	+16.12%
2017-12-31	฿63.88 Billion	+20.52%
2016-12-31	฿53.00 Billion	+13.26%
2015-12-31	฿46.80 Billion	+12.10%
2014-12-31	฿41.75 Billion	+13.37%
2013-12-31	฿36.82 Billion	+42.18%
2012-12-31	฿25.90 Billion	+26.66%
2011-12-31	฿20.45 Billion	+7.71%
2010-12-31	฿18.98 Billion	-0.12%
2009-12-31	฿19.01 Billion	+25.27%
2008-12-31	฿15.17 Billion	+11.25%
2007-12-31	฿13.64 Billion	+8.47%
2006-12-31	฿12.57 Billion	+6.66%
2005-12-31	฿11.79 Billion	+34.84%
2004-12-31	฿8.74 Billion	+9.90%
2003-12-31	฿7.96 Billion	+31.74%
2002-12-31	฿6.04 Billion	+42.77%
2001-12-31	฿4.23 Billion	+10.79%
2000-12-31	฿3.82 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Central Pattana 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 73497.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿89.05 Billion	88.54%
Common Stock	฿2.24 Billion	2.23%
Other Comprehensive Income	฿224.40 Million	0.22%
Other Components	฿9.06 Billion	9.01%
Total Equity	฿100.58 Billion	100.00%

Central Pattana Public Company Limited Competitors by Market Cap

The table below lists competitors of Central Pattana Public Company Limited ranked by their market capitalization.

Company	Market Cap
Celsius Holdings Inc NASDAQ:CELH	$9.06 Billion
MILLICOM INTL CELL. DL15 F:M4M1	$9.06 Billion
Unigroup Guoxin Microelectronics Co Ltd SHE:002049	$9.06 Billion
Verona Pharma plc F:I9SA	$9.07 Billion
Toro Co NYSE:TTC	$9.06 Billion
QuantumCTek Co Ltd SHG:688027	$9.05 Billion
Commercial International Bank -Egypt S.A.E LSE:CBKD	$9.04 Billion
Hotai Motor Co Ltd TW:2207	$9.04 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 92,272,904,597 to 100,581,617,693, a change of 8,308,713,096 (9.0%).
Net income of 16,729,046,196 contributed positively to equity growth.
Dividend payments of 8,179,118,946 reduced retained earnings.
Other comprehensive income decreased equity by 162,811,690.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿16.73 Billion	+16.63%
Dividends Paid	฿8.18 Billion	-8.13%
Other Comprehensive Income	฿-162.81 Million	-0.16%
Other Changes	฿-78.40 Million	-0.08%
Total Change	฿-	9.00%

Book Value vs Market Value Analysis

This analysis compares Central Pattana 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: 2.89x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 8.24x to 2.89x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	฿7.86	฿64.75	x
2003-12-31	฿9.49	฿64.75	x
2004-12-31	฿1.95	฿64.75	x
2005-12-31	฿2.65	฿64.75	x
2006-12-31	฿2.75	฿64.75	x
2007-12-31	฿2.99	฿64.75	x
2008-12-31	฿3.33	฿64.75	x
2009-12-31	฿4.29	฿64.75	x
2010-12-31	฿4.26	฿64.75	x
2011-12-31	฿4.58	฿64.75	x
2012-12-31	฿5.82	฿64.75	x
2013-12-31	฿8.15	฿64.75	x
2014-12-31	฿9.14	฿64.75	x
2015-12-31	฿10.24	฿64.75	x
2016-12-31	฿11.59	฿64.75	x
2017-12-31	฿13.77	฿64.75	x
2018-12-31	฿14.64	฿64.75	x
2019-12-31	฿16.07	฿64.75	x
2020-12-31	฿15.39	฿64.75	x
2021-12-31	฿16.35	฿64.75	x
2022-12-31	฿18.22	฿64.75	x
2023-12-31	฿20.60	฿64.75	x
2024-12-31	฿22.43	฿64.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Central Pattana 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): 16.63%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 33.34%
• Asset Turnover: 0.16x
• Equity Multiplier: 3.02x
Recent ROE (16.63%) is above the historical average (16.25%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	8.24%	10.42%	0.25x	3.19x	฿-64.05 Million
2001	15.26%	21.33%	0.20x	3.58x	฿216.99 Million
2002	16.35%	26.26%	0.17x	3.69x	฿368.11 Million
2003	15.76%	23.10%	0.22x	3.10x	฿437.32 Million
2004	15.92%	23.10%	0.22x	3.20x	฿501.20 Million
2005	29.38%	51.30%	0.19x	2.98x	฿2.17 Billion
2006	14.01%	21.75%	0.23x	2.85x	฿482.45 Million
2007	13.70%	19.99%	0.24x	2.86x	฿481.32 Million
2008	15.16%	22.35%	0.22x	3.02x	฿748.84 Million
2009	26.52%	31.51%	0.31x	2.73x	฿3.08 Billion
2010	6.10%	9.52%	0.22x	2.90x	฿-723.69 Million
2011	10.31%	17.22%	0.19x	3.21x	฿61.84 Million
2012	24.41%	36.39%	0.24x	2.77x	฿3.65 Billion
2013	17.39%	30.99%	0.26x	2.14x	฿2.67 Billion
2014	17.81%	32.14%	0.26x	2.17x	฿3.20 Billion
2015	17.15%	31.89%	0.24x	2.24x	฿3.29 Billion
2016	17.76%	32.87%	0.27x	2.01x	฿4.04 Billion
2017	21.95%	46.34%	0.24x	1.95x	฿7.39 Billion
2018	17.06%	32.36%	0.21x	2.46x	฿4.64 Billion
2019	16.27%	31.34%	0.22x	2.36x	฿4.53 Billion
2020	13.89%	33.34%	0.13x	3.22x	฿2.68 Billion
2021	9.78%	27.95%	0.10x	3.60x	฿-161.77 Million
2022	13.21%	30.25%	0.13x	3.35x	฿2.61 Billion
2023	16.32%	30.89%	0.17x	3.03x	฿5.83 Billion
2024	16.63%	33.34%	0.16x	3.02x	฿6.67 Billion

Industry Comparison

This section compares Central Pattana Public Company Limited's net assets metrics with peer companies in the Real Estate - Diversified industry.

Industry Context

Industry: Real Estate - Diversified
Average net assets among peers: $1,257,151,679
Average return on equity (ROE) among peers: -13.66%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Central Pattana Public Company Limited (CPN)	฿114.88 Billion	8.24%	1.61x	$9.06 Billion
Boutique Corporation Public Company Limited (BC)	$881.87 Million	-36.90%	3.46x	$13.30 Million
Chaoprayamahanakorn Public Company Limited (CMC)	$1.63 Billion	9.57%	2.61x	$12.02 Million

About Central Pattana Public Company Limited

BK:CPN Thailand Real Estate - Diversified

Market Cap

$9.06 Billion

฿290.60 Billion THB

Market Cap Rank

#2208 Global

#12 in Thailand

Share Price

฿64.75

Change (1 day)

-1.15%

52-Week Range

฿41.25 - ฿70.00

All Time High

฿75.66