City Sports and Recreation Public Company Limited (CSR) - Net Assets
Based on the latest financial reports, City Sports and Recreation Public Company Limited (CSR) has net assets worth ฿1.25 Billion THB (≈ $39.03 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.40 Billion ≈ $43.68 Million USD) and total liabilities (฿149.14 Million ≈ $4.65 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. Also explore how large is City Sports and Recreation Public Compan's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.25 Billion |
| % of Total Assets | 89.36% |
| Annual Growth Rate | -2.5% |
| 5-Year Change | 4.34% |
| 10-Year Change | 0.17% |
| Growth Volatility | 7.24 |
City Sports and Recreation Public Company Limited - Net Assets Trend (2000–2025)
This chart illustrates how City Sports and Recreation Public Company Limited's net assets have evolved over time, based on quarterly financial data. Check CSR intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for City Sports and Recreation Public Company Limited (2000–2025)
The table below shows the annual net assets of City Sports and Recreation Public Company Limited from 2000 to 2025. For live valuation and market cap data, see City Sports and Recreation Public Compan (CSR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.25 Billion ≈ $39.03 Million |
+2.36% |
| 2024-12-31 | ฿1.22 Billion ≈ $38.13 Million |
+2.54% |
| 2023-12-31 | ฿1.19 Billion ≈ $37.18 Million |
-2.42% |
| 2022-12-31 | ฿1.22 Billion ≈ $38.11 Million |
+1.87% |
| 2021-12-31 | ฿1.20 Billion ≈ $37.41 Million |
+10.73% |
| 2020-12-31 | ฿1.08 Billion ≈ $33.78 Million |
-16.88% |
| 2019-12-31 | ฿1.30 Billion ≈ $40.65 Million |
+1.02% |
| 2018-12-31 | ฿1.29 Billion ≈ $40.23 Million |
+0.53% |
| 2017-12-31 | ฿1.28 Billion ≈ $40.02 Million |
+2.71% |
| 2016-12-31 | ฿1.25 Billion ≈ $38.96 Million |
+2.28% |
| 2015-12-31 | ฿1.22 Billion ≈ $38.10 Million |
-20.99% |
| 2014-12-31 | ฿1.55 Billion ≈ $48.22 Million |
+1.53% |
| 2013-12-31 | ฿1.52 Billion ≈ $47.49 Million |
-11.69% |
| 2012-12-31 | ฿1.73 Billion ≈ $53.78 Million |
-5.96% |
| 2011-12-31 | ฿1.83 Billion ≈ $57.19 Million |
+0.31% |
| 2010-12-31 | ฿1.83 Billion ≈ $57.01 Million |
+1.19% |
| 2009-12-31 | ฿1.81 Billion ≈ $56.34 Million |
-5.65% |
| 2008-12-31 | ฿1.92 Billion ≈ $59.72 Million |
+0.18% |
| 2007-12-31 | ฿1.91 Billion ≈ $59.61 Million |
-18.32% |
| 2006-12-31 | ฿2.34 Billion ≈ $72.99 Million |
-3.29% |
| 2005-12-31 | ฿2.42 Billion ≈ $75.47 Million |
+0.43% |
| 2004-12-31 | ฿2.41 Billion ≈ $75.15 Million |
+0.17% |
| 2003-12-31 | ฿2.41 Billion ≈ $75.02 Million |
+0.10% |
| 2002-12-31 | ฿2.40 Billion ≈ $74.95 Million |
+1.10% |
| 2001-12-31 | ฿2.38 Billion ≈ $74.13 Million |
+0.87% |
| 2000-12-31 | ฿2.36 Billion ≈ $73.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to City Sports and Recreation 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 2113.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿490.52 Million | 39.17% |
| Other Components | ฿761.71 Million | 60.83% |
| Total Equity | ฿1.25 Billion | 100.00% |
City Sports and Recreation Public Company Limited Competitors by Market Cap
The table below lists competitors of City Sports and Recreation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thermaltake Technology Co Ltd
TWO:3540
|
$46.34 Million |
|
Magnitude International Ltd Ordinary Shares
NASDAQ:MAGH
|
$46.36 Million |
|
CVC Technologies
TWO:4744
|
$46.36 Million |
|
NDL Ventures Limited
NSE:NDLVENTURE
|
$46.36 Million |
|
PJ Metal Co. Ltd
KQ:128660
|
$46.31 Million |
|
Autopedia Sukses Lestari Tbk PT
JK:ASLC
|
$46.31 Million |
|
Pyxis Tankers Inc
NASDAQ:PXS
|
$46.28 Million |
|
PanGen Biotech Inc
KQ:222110
|
$46.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in City Sports and Recreation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,223,329,648 to 1,252,232,633, a change of 28,902,985 (2.4%).
- Net income of 69,086,969 contributed positively to equity growth.
- Dividend payments of 39,184,919 reduced retained earnings.
- Other comprehensive income decreased equity by 20,500,000.
- Other factors increased equity by 19,500,935.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿69.09 Million | +5.52% |
| Dividends Paid | ฿39.18 Million | -3.13% |
| Other Comprehensive Income | ฿-20.50 Million | -1.64% |
| Other Changes | ฿19.50 Million | +1.56% |
| Total Change | ฿- | 2.36% |
Book Value vs Market Value Analysis
This analysis compares City Sports and Recreation 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: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.63x to 1.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿114.22 | ฿72.50 | x |
| 2007-12-31 | ฿93.30 | ฿72.50 | x |
| 2008-12-31 | ฿93.46 | ฿72.50 | x |
| 2009-12-31 | ฿88.18 | ฿72.50 | x |
| 2010-12-31 | ฿89.23 | ฿72.50 | x |
| 2011-12-31 | ฿89.39 | ฿72.50 | x |
| 2012-12-31 | ฿84.09 | ฿72.50 | x |
| 2013-12-31 | ฿74.27 | ฿72.50 | x |
| 2014-12-31 | ฿75.48 | ฿72.50 | x |
| 2015-12-31 | ฿59.60 | ฿72.50 | x |
| 2016-12-31 | ฿60.93 | ฿72.50 | x |
| 2017-12-31 | ฿62.66 | ฿72.50 | x |
| 2018-12-31 | ฿63.07 | ฿72.50 | x |
| 2019-12-31 | ฿63.61 | ฿72.50 | x |
| 2020-12-31 | ฿52.87 | ฿72.50 | x |
| 2021-12-31 | ฿58.55 | ฿72.50 | x |
| 2022-12-31 | ฿59.64 | ฿72.50 | x |
| 2023-12-31 | ฿58.19 | ฿72.50 | x |
| 2024-12-31 | ฿59.66 | ฿72.50 | x |
| 2025-12-31 | ฿61.08 | ฿72.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently City Sports and Recreation 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): 5.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.37%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.12x
- Recent ROE (5.52%) is above the historical average (3.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.85% | 40.35% | 0.02x | 1.00x | ฿-215.65 Million |
| 2001 | 1.27% | 52.34% | 0.02x | 1.00x | ฿-207.60 Million |
| 2003 | 1.68% | 39.60% | 0.04x | 1.00x | ฿-200.37 Million |
| 2004 | 1.95% | 38.60% | 0.05x | 1.01x | ฿-194.17 Million |
| 2005 | 2.48% | 43.59% | 0.06x | 1.01x | ฿-182.11 Million |
| 2006 | 2.76% | 38.46% | 0.07x | 1.01x | ฿-169.51 Million |
| 2007 | 3.67% | 40.74% | 0.09x | 1.01x | ฿-121.07 Million |
| 2008 | 2.97% | 38.70% | 0.08x | 0.99x | ฿-134.75 Million |
| 2009 | 3.42% | 43.18% | 0.08x | 1.01x | ฿-118.88 Million |
| 2010 | 3.26% | 42.32% | 0.08x | 1.01x | ฿-123.37 Million |
| 2011 | 2.27% | 31.34% | 0.07x | 1.01x | ฿-141.82 Million |
| 2012 | 3.72% | 42.18% | 0.09x | 1.01x | ฿-108.40 Million |
| 2013 | 5.18% | 48.01% | 0.09x | 1.17x | ฿-73.39 Million |
| 2014 | 4.61% | 45.88% | 0.09x | 1.17x | ฿-83.37 Million |
| 2015 | 5.69% | 43.52% | 0.11x | 1.15x | ฿-52.71 Million |
| 2016 | 4.91% | 39.65% | 0.11x | 1.15x | ฿-63.66 Million |
| 2017 | 5.35% | 41.80% | 0.11x | 1.14x | ฿-59.75 Million |
| 2018 | 4.11% | 31.92% | 0.11x | 1.16x | ฿-76.07 Million |
| 2019 | 3.80% | 30.01% | 0.11x | 1.14x | ฿-80.80 Million |
| 2020 | 2.14% | 18.03% | 0.11x | 1.12x | ฿-85.15 Million |
| 2021 | 2.09% | 22.69% | 0.08x | 1.13x | ฿-94.90 Million |
| 2022 | 3.03% | 25.85% | 0.10x | 1.13x | ฿-85.16 Million |
| 2023 | 4.40% | 29.85% | 0.13x | 1.12x | ฿-66.78 Million |
| 2024 | 5.16% | 33.35% | 0.14x | 1.12x | ฿-59.18 Million |
| 2025 | 5.52% | 35.37% | 0.14x | 1.12x | ฿-56.14 Million |
Industry Comparison
This section compares City Sports and Recreation Public Company Limited's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $1,330,460,683
- Average return on equity (ROE) among peers: -5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| City Sports and Recreation Public Company Limited (CSR) | ฿1.25 Billion | 0.85% | 0.12x | $46.33 Million |
| Safari World PLC (SAFARI) | $1.33 Billion | -5.48% | 5.20x | $26.85 Million |
About City Sports and Recreation Public Company Limited
City Sports and Recreation Public Company Limited operates golf courses, restaurants, and sport clubs under the Navatanee Golf Course's name in Thailand. City Sports and Recreation Public Company Limited was founded in 1970 and is headquartered in Bangkok, Thailand.