Centara Hotels & Resorts Leasehold Property Fund (CTARAF) - Net Assets

Latest as of June 2024: ฿1.70 Billion THB ≈ $53.11 Million USD

Based on the latest financial reports, Centara Hotels & Resorts Leasehold Property Fund (CTARAF) has net assets worth ฿1.70 Billion THB (≈ $53.11 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.70 Billion ≈ $53.14 Million USD) and total liabilities (฿900.00K ≈ $28.05K 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 CTARAF asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.70 Billion
% of Total Assets	99.95%
Annual Growth Rate	-5.9%
5-Year Change	-15.36%
10-Year Change	-39.27%
Growth Volatility	40.93

Centara Hotels & Resorts Leasehold Property Fund - Net Assets Trend (2012–2023)

This chart illustrates how Centara Hotels & Resorts Leasehold Property Fund's net assets have evolved over time, based on quarterly financial data. Also explore how large is Centara Hotels & Resorts Leasehold Prope's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Centara Hotels & Resorts Leasehold Property Fund (2012–2023)

The table below shows the annual net assets of Centara Hotels & Resorts Leasehold Property Fund from 2012 to 2023. For live valuation and market cap data, see how much is Centara Hotels & Resorts Leasehold Prope worth.

Year	Net Assets	Change
2023-12-31	฿1.73 Billion ≈ $53.94 Million	-8.69%
2022-12-31	฿1.90 Billion ≈ $59.08 Million	-2.86%
2021-12-31	฿1.95 Billion ≈ $60.81 Million	-2.52%
2020-12-31	฿2.00 Billion ≈ $62.38 Million	-2.11%
2019-12-31	฿2.04 Billion ≈ $63.73 Million	+314.16%
2018-12-31	฿-954.70 Million ≈ $-29.76 Million	+2.42%
2017-12-31	฿-978.40 Million ≈ $-30.50 Million	-33.39%
2016-12-31	฿-733.51 Million ≈ $-22.86 Million	-129.82%
2015-12-31	฿2.46 Billion ≈ $76.67 Million	-13.67%
2014-12-31	฿2.85 Billion ≈ $88.81 Million	-9.74%
2013-12-31	฿3.16 Billion ≈ $98.40 Million	-6.51%
2012-12-31	฿3.38 Billion ≈ $105.25 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Centara Hotels & Resorts Leasehold Property Fund'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 518.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Common Stock	฿2.55 Billion	147.38%
Total Equity	฿1.73 Billion	100.00%

Centara Hotels & Resorts Leasehold Property Fund Competitors by Market Cap

The table below lists competitors of Centara Hotels & Resorts Leasehold Property Fund ranked by their market capitalization.

Company	Market Cap
Para Light Electronics Co Ltd TW:6226	$45.68 Million
Peoplein Ltd AU:PPE	$45.69 Million
Red Pine Exploration Inc V:RPX	$45.69 Million
Groupe Partouche SA PA:PAR	$45.71 Million
Ralco Agencies Ltd TA:RLCO	$45.68 Million
Biome Australia Ltd AU:BIO	$45.68 Million
Regional Express Holdings Ltd AU:REX	$45.67 Million
Cannindah Resources Ltd AU:CAE	$45.66 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Centara Hotels & Resorts Leasehold Property Fund's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 1,895,327,384 to 1,730,562,569, a change of -164,764,815 (-8.7%).
Net income of 2,435,185 contributed positively to equity growth.
Share repurchases of 167,200,000 reduced equity.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	฿2.44 Million	+0.14%
Share Repurchases	฿167.20 Million	-9.66%
Total Change	฿-	-8.69%

Book Value vs Market Value Analysis

This analysis compares Centara Hotels & Resorts Leasehold Property Fund'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: 0.85x
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 0.43x to 0.85x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	฿10.55	฿4.58	x
2013-12-31	฿9.87	฿4.58	x
2014-12-31	฿8.90	฿4.58	x
2015-12-31	฿7.69	฿4.58	x
2016-12-31	฿0.00	฿4.58	x
2017-12-31	฿0.00	฿4.58	x
2018-12-31	฿0.00	฿4.58	x
2019-12-31	฿6.39	฿4.58	x
2020-12-31	฿6.25	฿4.58	x
2021-12-31	฿6.10	฿4.58	x
2022-12-31	฿5.92	฿4.58	x
2023-12-31	฿5.41	฿4.58	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Centara Hotels & Resorts Leasehold Property Fund 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): 0.14%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.32%
• Asset Turnover: 0.11x
• Equity Multiplier: 1.00x
Recent ROE (0.14%) is below the historical average (1.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	4.85%	57.89%	0.08x	1.00x	฿-173.79 Million
2013	-1.19%	-16.65%	0.07x	1.00x	฿-353.39 Million
2014	-5.99%	-100.83%	0.06x	1.00x	฿-455.73 Million
2015	-11.81%	-128.92%	0.09x	1.01x	฿-536.60 Million
2016	5.71%	37.60%	0.15x	1.00x	฿-100.90 Million
2017	-7.11%	-83.31%	0.09x	1.00x	฿-356.16 Million
2018	6.68%	75.99%	0.09x	1.00x	฿-69.34 Million
2019	5.98%	65.46%	0.09x	1.00x	฿-82.12 Million
2020	5.95%	64.42%	0.09x	1.00x	฿-81.10 Million
2021	5.90%	62.64%	0.09x	1.00x	฿-79.97 Million
2022	5.92%	61.05%	0.10x	1.00x	฿-77.42 Million
2023	0.14%	1.32%	0.11x	1.00x	฿-170.62 Million

Industry Comparison

This section compares Centara Hotels & Resorts Leasehold Property Fund's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Centara Hotels & Resorts Leasehold Property Fund (CTARAF)	฿1.70 Billion	4.85%	0.00x	$45.68 Million
CPN Commercial Growth Leasehold Property Fund (CPNCG)	$-4.38 Billion	0.00%	0.00x	$81.12 Million
Food and Drinks Public Company Limited (F&D)	$573.40 Million	-11.27%	0.83x	$29.11 Million
Future Park Leasehold Property Fund (FUTUREPF)	$6.37 Billion	12.73%	0.15x	$206.33 Million
HEMARAJ INDUSTRIAL PROPERTY AND LEASEHOLD FUND (HPF)	$14.95 Million	1087.82%	314.39x	$71.78 Million
Lighting and Equipment Public Company Limited (L&E)	$1.11 Billion	6.70%	1.45x	$19.48 Million
Land and Houses Freehold and Leasehold Property Fund (LHPF)	$3.54 Billion	4.62%	0.02x	$49.99 Million
Luxury Real Estate Investment Fund (LUXF)	$2.17 Billion	8.78%	0.00x	$52.06 Million
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR)	$3.58 Billion	2.63%	0.00x	$66.50 Million
Sala @ Sathorn Property Fund (SSPF)	$1.49 Billion	3.50%	0.00x	$20.72 Million

About Centara Hotels & Resorts Leasehold Property Fund

BK:CTARAF Thailand

Market Cap

$45.68 Million

฿1.47 Billion THB

Market Cap Rank

#22232 Global

#378 in Thailand

Share Price

฿4.58

Change (1 day)

-0.43%

52-Week Range

฿4.36 - ฿4.70

All Time High

฿6.53