Central Retail Corporation Public Company Limited
Central Retail Corporation Public Company Limited operates as a multi-format retailing business in Thailand, Italy, Vietnam, and internationally. It operates through three segments: Fashion, Food Products, and Hardline. The company engages in fashion business under department store format; food retailing and wholesaling, such as supermarket and convenience store; and hardline retailing products, … Read more
Central Retail Corporation Public Company Limited (CRC) - Net Assets
Latest net assets as of September 2025: ฿70.91 Billion THB
Based on the latest financial reports, Central Retail Corporation Public Company Limited (CRC) has net assets worth ฿70.91 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 (฿286.11 Billion) and total liabilities (฿215.20 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 | ฿70.91 Billion |
| % of Total Assets | 24.79% |
| Annual Growth Rate | 2.59% |
| 5-Year Change | 29.91% |
| 10-Year Change | N/A |
| Growth Volatility | 19.46 |
Central Retail Corporation Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Central Retail Corporation 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 Retail Corporation Public Company Limited (2016–2024)
The table below shows the annual net assets of Central Retail Corporation Public Company Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿72.38 Billion | +3.02% |
| 2023-12-31 | ฿70.26 Billion | +8.28% |
| 2022-12-31 | ฿64.89 Billion | +9.82% |
| 2021-12-31 | ฿59.08 Billion | +6.04% |
| 2020-12-31 | ฿55.71 Billion | +36.03% |
| 2019-12-31 | ฿40.96 Billion | -39.16% |
| 2018-12-31 | ฿67.33 Billion | +1.03% |
| 2017-12-31 | ฿66.64 Billion | +12.93% |
| 2016-12-31 | ฿59.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Central Retail Corporation 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 14.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿23.12 Billion | 33.52% |
| Other Components | ฿45.85 Billion | 66.48% |
| Total Equity | ฿68.98 Billion | 100.00% |
Central Retail Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Central Retail Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Cosunter Pharmaceutical Co Ltd
SHE:300436
|
$1.43 Billion |
|
Russel Metals Inc
PINK:RUSMF
|
$1.43 Billion |
|
TriCo Bancshares
NASDAQ:TCBK
|
$1.44 Billion |
|
Montea Comm. VA
OTCGREY:MONSF
|
$1.44 Billion |
|
Mineralys Therapeutics, Inc. Common Stock
NASDAQ:MLYS
|
$1.43 Billion |
|
Deliveroo Holdings PLC
PINK:DROOF
|
$1.43 Billion |
|
Visual China Group Co Ltd
SHE:000681
|
$1.43 Billion |
|
Innovative Industrial Properties Inc
NYSE:IIPR
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Central Retail Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,059,513,110 to 68,976,916,625, a change of 1,917,403,515 (2.9%).
- Net income of 8,136,306,026 contributed positively to equity growth.
- Dividend payments of 3,316,828,583 reduced retained earnings.
- Other comprehensive income increased equity by 21,328,149,970.
- Other factors decreased equity by 24,230,223,898.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿8.14 Billion | +11.8% |
| Dividends Paid | ฿3.32 Billion | -4.81% |
| Other Comprehensive Income | ฿21.33 Billion | +30.92% |
| Other Changes | ฿-24.23 Billion | -35.13% |
| Total Change | ฿- | 2.86% |
Book Value vs Market Value Analysis
This analysis compares Central Retail Corporation 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: 1.64x
- 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 2.41x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ฿7.77 | ฿18.70 | x |
| 2017-12-31 | ฿9.08 | ฿18.70 | x |
| 2018-12-31 | ฿9.18 | ฿18.70 | x |
| 2019-12-31 | ฿4.68 | ฿18.70 | x |
| 2020-12-31 | ฿9.13 | ฿18.70 | x |
| 2021-12-31 | ฿9.35 | ฿18.70 | x |
| 2022-12-31 | ฿10.30 | ฿18.70 | x |
| 2023-12-31 | ฿11.13 | ฿18.70 | x |
| 2024-12-31 | ฿11.44 | ฿18.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Central Retail Corporation 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): 11.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.33%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 4.22x
- Recent ROE (11.80%) is below the historical average (12.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.00% | 2.58% | 0.72x | 4.87x | ฿-470.33 Million |
| 2017 | 8.46% | 2.64% | 0.67x | 4.77x | ฿-843.45 Million |
| 2018 | 19.75% | 5.78% | 1.06x | 3.21x | ฿5.40 Billion |
| 2019 | 37.64% | 5.21% | 1.09x | 6.62x | ฿7.81 Billion |
| 2020 | 0.64% | 0.19% | 0.75x | 4.48x | ฿-5.00 Billion |
| 2021 | 0.49% | 0.15% | 0.69x | 4.67x | ฿-5.36 Billion |
| 2022 | 11.55% | 3.26% | 0.80x | 4.44x | ฿962.70 Million |
| 2023 | 11.95% | 3.46% | 0.81x | 4.28x | ฿1.31 Billion |
| 2024 | 11.80% | 3.33% | 0.84x | 4.22x | ฿1.24 Billion |
Industry Comparison
This section compares Central Retail Corporation Public Company Limited's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $29,915,731,678
- Average return on equity (ROE) among peers: 9.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Central Retail Corporation Public Company Limited (CRC) | ฿70.91 Billion | 9.00% | 3.03x | $1.43 Billion |
| CENTRAL RETAIL CORP PCL-NVDR (CRC-R) | $59.01 Billion | 7.14% | 2.87x | $1.85 Billion |
| Moshi Moshi Retail Corp. PCL (MOSHI) | $822.25 Million | 12.30% | 1.47x | $92.54 Million |