CENTRAL RETAIL CORP PCL-NVDR
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 CORP PCL-NVDR (CRC-R) - Net Assets
Latest net assets as of September 2024: ฿69.52 Billion THB
Based on the latest financial reports, CENTRAL RETAIL CORP PCL-NVDR (CRC-R) has net assets worth ฿69.52 Billion THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿283.41 Billion) and total liabilities (฿213.90 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 | ฿69.52 Billion |
| % of Total Assets | 24.53% |
| Annual Growth Rate | 2.53% |
| 5-Year Change | 71.54% |
| 10-Year Change | N/A |
| Growth Volatility | 20.79 |
CENTRAL RETAIL CORP PCL-NVDR - Net Assets Trend (2016–2023)
This chart illustrates how CENTRAL RETAIL CORP PCL-NVDR'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 CORP PCL-NVDR (2016–2023)
The table below shows the annual net assets of CENTRAL RETAIL CORP PCL-NVDR from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 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 CORP PCL-NVDR'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 43.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿15.47 Billion | 23.07% |
| Common Stock | ฿6.03 Billion | 8.99% |
| Other Comprehensive Income | ฿-21.33 Billion | -31.80% |
| Other Components | ฿66.88 Billion | 99.74% |
| Total Equity | ฿67.06 Billion | 100.00% |
CENTRAL RETAIL CORP PCL-NVDR Competitors by Market Cap
The table below lists competitors of CENTRAL RETAIL CORP PCL-NVDR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376
|
$1.85 Billion |
|
Grandblue Environment Co Ltd
SHG:600323
|
$1.85 Billion |
|
Inner Mongolia Yitai Coal Co Ltd
SHG:900948
|
$1.85 Billion |
|
Atlas Corp
NASDAQ:ATCOL
|
$1.85 Billion |
|
Morinaga Milk Industry Co. Ltd
F:MO8
|
$1.85 Billion |
|
Far East Horizon Limited
PINK:FEZHF
|
$1.85 Billion |
|
Xinjiang Zhongtai Chemical Co Ltd
SHE:002092
|
$1.85 Billion |
|
K92 Mining Inc
OTCQX:KNTNF
|
$1.85 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CENTRAL RETAIL CORP PCL-NVDR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 62,122,886,910 to 67,059,513,110, a change of 4,936,626,200 (7.9%).
- Net income of 8,016,308,971 contributed positively to equity growth.
- Dividend payments of 2,894,862,408 reduced retained earnings.
- Other comprehensive income decreased equity by 23,475,412,494.
- Other factors increased equity by 23,290,592,131.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿8.02 Billion | +11.95% |
| Dividends Paid | ฿2.89 Billion | -4.32% |
| Other Comprehensive Income | ฿-23.48 Billion | -35.01% |
| Other Changes | ฿23.29 Billion | +34.73% |
| Total Change | ฿- | 7.95% |
Book Value vs Market Value Analysis
This analysis compares CENTRAL RETAIL CORP PCL-NVDR'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: 2.17x
- 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 3.10x to 2.17x 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 | ฿24.10 | x |
| 2017-12-31 | ฿9.08 | ฿24.10 | x |
| 2018-12-31 | ฿9.18 | ฿24.10 | x |
| 2019-12-31 | ฿4.68 | ฿24.10 | x |
| 2020-12-31 | ฿9.13 | ฿24.10 | x |
| 2021-12-31 | ฿9.35 | ฿24.10 | x |
| 2022-12-31 | ฿10.30 | ฿24.10 | x |
| 2023-12-31 | ฿11.13 | ฿24.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CENTRAL RETAIL CORP PCL-NVDR 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): 11.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.46%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 4.28x
- Recent ROE (11.95%) is below the historical average (12.43%), 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 |
Industry Comparison
This section compares CENTRAL RETAIL CORP PCL-NVDR's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $35,541,255,088
- Average return on equity (ROE) among peers: 11.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CENTRAL RETAIL CORP PCL-NVDR (CRC-R) | ฿69.52 Billion | 9.00% | 3.08x | $1.85 Billion |
| Central Retail Corporation Public Company Limited (CRC) | $70.26 Billion | 11.41% | 3.09x | $1.43 Billion |
| Moshi Moshi Retail Corp. PCL (MOSHI) | $822.25 Million | 12.30% | 1.47x | $91.18 Million |