Dental Corporation Public Company Limited (D) - Net Assets

Latest as of December 2025: ฿833.15 Million THB ≈ $25.97 Million USD

Based on the latest financial reports, Dental Corporation Public Company Limited (D) has net assets worth ฿833.15 Million THB (≈ $25.97 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 (฿1.35 Billion ≈ $42.18 Million USD) and total liabilities (฿520.10 Million ≈ $16.21 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. Check D asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿833.15 Million
% of Total Assets	61.57%
Annual Growth Rate	30.65%
5-Year Change	84.57%
10-Year Change	683.59%
Growth Volatility	79.65

Dental Corporation Public Company Limited - Net Assets Trend (2013–2025)

This chart illustrates how Dental Corporation Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Dental Corporation Public Company Limite (D) total assets for the complete picture of this company's asset base.

Annual Net Assets for Dental Corporation Public Company Limited (2013–2025)

The table below shows the annual net assets of Dental Corporation Public Company Limited from 2013 to 2025. For live valuation and market cap data, see D market cap overview.

Year	Net Assets	Change
2025-12-31	฿833.15 Million ≈ $25.97 Million	+7.06%
2024-12-31	฿778.18 Million ≈ $24.26 Million	+33.04%
2023-12-31	฿584.93 Million ≈ $18.23 Million	+8.87%
2022-12-31	฿537.26 Million ≈ $16.75 Million	+19.02%
2021-12-31	฿451.41 Million ≈ $14.07 Million	-5.62%
2020-12-31	฿478.31 Million ≈ $14.91 Million	+22.95%
2019-12-31	฿389.04 Million ≈ $12.13 Million	-3.96%
2018-12-31	฿405.08 Million ≈ $12.63 Million	-1.11%
2017-12-31	฿409.62 Million ≈ $12.77 Million	+285.25%
2016-12-31	฿106.33 Million ≈ $3.31 Million	+28.77%
2015-12-31	฿82.57 Million ≈ $2.57 Million	+121.51%
2014-12-31	฿37.28 Million ≈ $1.16 Million	+10.67%
2013-12-31	฿33.68 Million ≈ $1.05 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Dental 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 grown by 10043.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿56.14 Million	6.74%
Other Components	฿777.00 Million	93.26%
Total Equity	฿833.14 Million	100.00%

Dental Corporation Public Company Limited Competitors by Market Cap

The table below lists competitors of Dental Corporation Public Company Limited ranked by their market capitalization.

Company	Market Cap
Omax Autos Limited NSE:OMAXAUTO	$30.09 Million
Paru Co. Ltd KQ:043200	$30.11 Million
Genoway PA:ALGEN	$30.11 Million
Salomon A Angel Ltd TA:ANGL	$30.12 Million
Dongkuk Refractories & Steel Co. Ltd KQ:075970	$30.05 Million
AGUIA RES LTD AD-20 F:5N91	$30.04 Million
Eqva ASA OL:EQVA	$30.04 Million
NSC Groupe SA PA:ALNSC	$30.02 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 778,165,556 to 833,139,076, a change of 54,973,520 (7.1%).
Net income of 85,771,122 contributed positively to equity growth.
Dividend payments of 30,797,602 reduced retained earnings.
Other comprehensive income decreased equity by 15,927,846.
Other factors increased equity by 15,927,846.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿85.77 Million	+10.29%
Dividends Paid	฿30.80 Million	-3.7%
Other Comprehensive Income	฿-15.93 Million	-1.91%
Other Changes	฿15.93 Million	+1.91%
Total Change	฿-	7.06%

Book Value vs Market Value Analysis

This analysis compares Dental 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: 1.16x
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 0.01x to 1.16x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	฿338.89	฿2.82	x
2015-12-31	฿797.65	฿2.82	x
2016-12-31	฿0.48	฿2.82	x
2017-12-31	฿1.47	฿2.82	x
2018-12-31	฿1.49	฿2.82	x
2019-12-31	฿1.43	฿2.82	x
2020-12-31	฿1.48	฿2.82	x
2021-12-31	฿1.38	฿2.82	x
2022-12-31	฿1.58	฿2.82	x
2023-12-31	฿1.71	฿2.82	x
2024-12-31	฿2.27	฿2.82	x
2025-12-31	฿2.43	฿2.82	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dental 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): 10.29%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.19%
• Asset Turnover: 0.77x
• Equity Multiplier: 1.62x
Recent ROE (10.29%) is above the historical average (8.35%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-2.91%	-0.25%	1.95x	5.90x	฿-4.53 Million
2015	14.90%	2.97%	1.79x	2.80x	฿4.05 Million
2016	39.99%	9.63%	2.02x	2.05x	฿31.89 Million
2017	11.26%	10.03%	0.83x	1.35x	฿5.15 Million
2018	8.26%	5.20%	0.68x	2.33x	฿-7.05 Million
2019	-4.01%	-2.02%	0.72x	2.77x	฿-54.49 Million
2020	-1.63%	-1.36%	0.51x	2.35x	฿-55.63 Million
2021	-5.37%	-4.59%	0.48x	2.46x	฿-69.37 Million
2022	10.70%	7.06%	0.72x	2.11x	฿3.78 Million
2023	12.18%	7.68%	0.86x	1.84x	฿12.76 Million
2024	6.49%	5.29%	0.72x	1.71x	฿-27.35 Million
2025	10.29%	8.19%	0.77x	1.62x	฿2.46 Million

Industry Comparison

This section compares Dental Corporation Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

Industry: Medical Care Facilities
Average net assets among peers: $5,866,805,554
Average return on equity (ROE) among peers: 15.90%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dental Corporation Public Company Limited (D)	฿833.15 Million	-2.91%	0.62x	$30.08 Million
Aikchol Hospital Public Company Limited (AHC)	$2.07 Billion	13.11%	0.19x	$64.48 Million
Bangkok Chain Hospital Public Company Limited (BCH)	$13.70 Billion	10.26%	0.29x	$722.94 Million
Bangkok Chain Hospital Public Company Limited (BCH-R)	$4.67 Billion	11.18%	1.14x	$1.03 Billion
Bangkok Dusit Medical Services Public Company Limited (BDMS)	$1.96 Billion	9.18%	1.26x	$9.06 Billion
Bumrungrad Hospital PCL (BH)	$4.87 Billion	24.48%	0.67x	$4.47 Billion
Bumrungrad Hospital Public Company Limited (BH-R)	$16.70 Billion	23.61%	0.41x	$4.61 Billion
Chularat Hospital Public Company Limited (CHG)	$4.19 Billion	20.91%	0.48x	$490.29 Million
Chularat Hospital Public Company Limited (CHG-R)	$2.97 Billion	18.13%	0.20x	$589.72 Million
Chiang Mai Ram Medical Business Public Company Limited (CMR)	$1.67 Billion	12.28%	0.76x	$163.69 Million

About Dental Corporation Public Company Limited

BK:D Thailand Medical Care Facilities

Market Cap

$30.08 Million

฿964.99 Million THB

Market Cap Rank

#23711 Global

#432 in Thailand

Share Price

฿2.82

Change (1 day)

+1.62%

52-Week Range

฿2.00 - ฿3.10

All Time High

฿7.67