Dynasty Ceramic Public Company Limited
Dynasty Ceramic Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of ceramic wall and floor tiles in Thailand and internationally. The company also offers tile grout, tile adhesives, and corner-trim products. It sells its products under the Jaguar, RCI TILE, RCI PORCELEIN, RCI MOSIAC, Birdy, Butterfly, Chicken, Rhino, Ducky, Swan, and Penguin brands. The … Read more
Dynasty Ceramic Public Company Limited (DCC-R) - Net Assets
Latest net assets as of December 2024: ฿7.07 Billion THB
Based on the latest financial reports, Dynasty Ceramic Public Company Limited (DCC-R) has net assets worth ฿7.07 Billion THB as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿10.22 Billion) and total liabilities (฿3.15 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 | ฿7.07 Billion |
| % of Total Assets | 69.16% |
| Annual Growth Rate | 7.24% |
| 5-Year Change | 45.46% |
| 10-Year Change | 126.46% |
| Growth Volatility | 48.35 |
Dynasty Ceramic Public Company Limited - Net Assets Trend (2005–2024)
This chart illustrates how Dynasty Ceramic 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 Dynasty Ceramic Public Company Limited (2005–2024)
The table below shows the annual net assets of Dynasty Ceramic Public Company Limited from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿7.07 Billion | +5.76% |
| 2023-12-31 | ฿6.68 Billion | +11.18% |
| 2022-12-31 | ฿6.01 Billion | +2.96% |
| 2021-12-31 | ฿5.84 Billion | +20.15% |
| 2020-12-31 | ฿4.86 Billion | +38.06% |
| 2019-12-31 | ฿3.52 Billion | -18.58% |
| 2018-12-31 | ฿4.32 Billion | +14.31% |
| 2017-12-31 | ฿3.78 Billion | +11.95% |
| 2016-12-31 | ฿3.38 Billion | +8.23% |
| 2015-12-31 | ฿3.12 Billion | +11.24% |
| 2014-12-31 | ฿2.81 Billion | +1.60% |
| 2013-12-31 | ฿2.76 Billion | +2.19% |
| 2012-12-31 | ฿2.70 Billion | +1.41% |
| 2011-12-31 | ฿2.66 Billion | -2.27% |
| 2010-12-31 | ฿2.73 Billion | +0.60% |
| 2009-12-31 | ฿2.71 Billion | +10.65% |
| 2008-12-31 | ฿2.45 Billion | +203.78% |
| 2007-12-31 | ฿806.22 Million | -60.55% |
| 2006-12-31 | ฿2.04 Billion | +9.23% |
| 2005-12-31 | ฿1.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dynasty Ceramic 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 378.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿4.47 Billion | 63.65% |
| Other Components | ฿2.55 Billion | 36.35% |
| Total Equity | ฿7.02 Billion | 100.00% |
Dynasty Ceramic Public Company Limited Competitors by Market Cap
The table below lists competitors of Dynasty Ceramic Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Chuanzhiboke Education Tech
SHE:003032
|
$164.43 Million |
|
Addcn Technology Co Ltd
TWO:5287
|
$164.46 Million |
|
Guangdong PAK Corporation Co Ltd
SHE:300625
|
$164.48 Million |
|
Exzeo Group, Inc.
NYSE:XZO
|
$164.49 Million |
|
Zhejiang Zhengguang Industrial Co. Ltd.
SHE:301092
|
$164.39 Million |
|
Sparebank 1 Ostfold Akershus
OL:SOAG
|
$164.37 Million |
|
AEM Holdings Ltd.
PINK:AEMFF
|
$164.30 Million |
|
Solstad Offsho
OL:SOFF
|
$164.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dynasty Ceramic Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,636,548,652 to 7,021,257,712, a change of 384,709,060 (5.8%).
- Net income of 1,103,565,455 contributed positively to equity growth.
- Dividend payments of 656,392,583 reduced retained earnings.
- Share repurchases of 63,825,309 reduced equity.
- Other comprehensive income decreased equity by 91,256,112.
- Other factors increased equity by 92,617,609.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.10 Billion | +15.72% |
| Dividends Paid | ฿656.39 Million | -9.35% |
| Share Repurchases | ฿63.83 Million | -0.91% |
| Other Comprehensive Income | ฿-91.26 Million | -1.3% |
| Other Changes | ฿92.62 Million | +1.32% |
| Total Change | ฿- | 5.80% |
Book Value vs Market Value Analysis
This analysis compares Dynasty Ceramic 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: 1.88x
- 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 5.12x to 1.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿0.28 | ฿1.45 | x |
| 2006-12-31 | ฿0.31 | ฿1.45 | x |
| 2007-12-31 | ฿0.34 | ฿1.45 | x |
| 2008-12-31 | ฿0.37 | ฿1.45 | x |
| 2009-12-31 | ฿0.41 | ฿1.45 | x |
| 2010-12-31 | ฿0.41 | ฿1.45 | x |
| 2011-12-31 | ฿0.40 | ฿1.45 | x |
| 2012-12-31 | ฿0.41 | ฿1.45 | x |
| 2013-12-31 | ฿0.42 | ฿1.45 | x |
| 2014-12-31 | ฿0.42 | ฿1.45 | x |
| 2015-12-31 | ฿0.47 | ฿1.45 | x |
| 2016-12-31 | ฿0.51 | ฿1.45 | x |
| 2017-12-31 | ฿0.54 | ฿1.45 | x |
| 2018-12-31 | ฿0.57 | ฿1.45 | x |
| 2019-12-31 | ฿0.43 | ฿1.45 | x |
| 2020-12-31 | ฿0.58 | ฿1.45 | x |
| 2021-12-31 | ฿0.66 | ฿1.45 | x |
| 2022-12-31 | ฿0.65 | ฿1.45 | x |
| 2023-12-31 | ฿0.73 | ฿1.45 | x |
| 2024-12-31 | ฿0.77 | ฿1.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dynasty Ceramic 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): 15.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.70%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.46x
- Recent ROE (15.72%) is below the historical average (34.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 40.52% | 17.60% | 1.03x | 2.24x | ฿563.98 Million |
| 2006 | 28.08% | 12.73% | 1.02x | 2.15x | ฿365.04 Million |
| 2007 | 26.25% | 12.91% | 1.12x | 1.82x | ฿357.69 Million |
| 2008 | 27.53% | 13.08% | 1.31x | 1.61x | ฿424.19 Million |
| 2009 | 37.15% | 16.84% | 1.63x | 1.36x | ฿726.73 Million |
| 2010 | 43.71% | 17.99% | 1.76x | 1.38x | ฿906.20 Million |
| 2011 | 47.39% | 17.25% | 1.68x | 1.63x | ฿980.90 Million |
| 2012 | 47.25% | 16.51% | 1.60x | 1.79x | ฿989.61 Million |
| 2013 | 47.88% | 17.20% | 1.47x | 1.90x | ฿1.03 Billion |
| 2014 | 44.41% | 17.09% | 1.38x | 1.88x | ฿950.46 Million |
| 2015 | 44.64% | 19.14% | 1.40x | 1.67x | ฿1.07 Billion |
| 2016 | 42.71% | 19.84% | 1.25x | 1.73x | ฿1.09 Billion |
| 2017 | 31.68% | 15.17% | 1.04x | 2.01x | ฿764.34 Million |
| 2018 | 26.50% | 12.19% | 1.00x | 2.17x | ฿609.38 Million |
| 2019 | 28.90% | 11.98% | 0.93x | 2.59x | ฿636.13 Million |
| 2020 | 33.29% | 18.65% | 0.97x | 1.85x | ฿1.11 Billion |
| 2021 | 29.35% | 20.25% | 0.94x | 1.54x | ฿1.12 Billion |
| 2022 | 27.35% | 19.55% | 0.89x | 1.57x | ฿1.03 Billion |
| 2023 | 17.81% | 15.27% | 0.77x | 1.52x | ฿518.51 Million |
| 2024 | 15.72% | 15.70% | 0.69x | 1.46x | ฿401.44 Million |
Industry Comparison
This section compares Dynasty Ceramic Public Company Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,142,975,040
- Average return on equity (ROE) among peers: 9.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dynasty Ceramic Public Company Limited (DCC-R) | ฿7.07 Billion | 40.52% | 0.45x | $164.42 Million |
| Twenty-Four Con & Supply PCL (24CS) | $609.07 Million | 4.02% | 0.67x | $11.43 Million |
| Arrow Syndicate Public Company Limited (ARROW) | $1.22 Billion | 7.62% | 0.41x | $12.58 Million |
| BuilderSmart Public Company Limited (BSM) | $38.55 Million | 34.07% | 1.82x | $1.19 Million |
| Diamond Building Products Public Company Limited (DRT) | $2.58 Billion | 24.71% | 0.46x | $40.65 Million |
| Origin Global Empire Public Company Limited (EMPIRE) | $609.07 Million | 4.02% | 0.67x | $2.33 Million |
| Quality Construction Products Public Company Limited (Q-CON) | $2.01 Billion | 6.37% | 0.16x | $13.84 Million |
| The Union Mosaic Industry Public Company Limited (UMI) | $1.14 Billion | -10.48% | 1.23x | $7.54 Million |
| WIIK Public Company Limited (WIIK) | $940.98 Million | 9.59% | 0.84x | $19.05 Million |