D.T.C. Enterprise PCL
D.T.C. Enterprise Public Company Limited, together with its subsidiaries, provides global positioning system (GPS) products and services in Thailand. It operates through GPS Tracking Business, Software Business, IoT Business, and Other Business segments. The company offers real-time GPS tracking system solutions that include current location, history route, and speed that can be monitored in real… Read more
D.T.C. Enterprise PCL (DTCENT) - Net Assets
Latest net assets as of December 2025: ฿1.56 Billion THB
Based on the latest financial reports, D.T.C. Enterprise PCL (DTCENT) has net assets worth ฿1.56 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.82 Billion) and total liabilities (฿262.86 Million). 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 | ฿1.56 Billion |
| % of Total Assets | 85.54% |
| Annual Growth Rate | 17.0% |
| 5-Year Change | 197.46% |
| 10-Year Change | N/A |
| Growth Volatility | 56.66 |
D.T.C. Enterprise PCL - Net Assets Trend (2017–2025)
This chart illustrates how D.T.C. Enterprise PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for D.T.C. Enterprise PCL (2017–2025)
The table below shows the annual net assets of D.T.C. Enterprise PCL from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.56 Billion | +1.24% |
| 2024-12-31 | ฿1.54 Billion | +3.62% |
| 2023-12-31 | ฿1.48 Billion | +6.93% |
| 2022-12-31 | ฿1.39 Billion | +165.16% |
| 2021-12-31 | ฿522.80 Million | -30.00% |
| 2020-12-31 | ฿746.81 Million | +29.01% |
| 2019-12-31 | ฿578.89 Million | -10.27% |
| 2018-12-31 | ฿645.15 Million | +45.67% |
| 2017-12-31 | ฿442.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to D.T.C. Enterprise PCL'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 63.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿71.32 Million | 4.56% |
| Other Components | ฿1.49 Billion | 95.44% |
| Total Equity | ฿1.56 Billion | 100.00% |
D.T.C. Enterprise PCL Competitors by Market Cap
The table below lists competitors of D.T.C. Enterprise PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Accord Financial Corp
PINK:ACCFF
|
$8.00 Million |
|
Vintcom Technology PCL
BK:VCOM
|
$8.00 Million |
|
Cayman Tung Ling Co Ltd
TWO:2924
|
$8.00 Million |
|
Skillful Craftsman Education Tech
NASDAQ:EDTK
|
$8.00 Million |
|
COSMOS HEALTH NEW DL-01
F:V67A
|
$8.00 Million |
|
Mistral Iberia Real Estate SOCIMI S.A.
MC:YMIB
|
$7.99 Million |
|
Zeo Energy Corp
NASDAQ:ZEO
|
$7.99 Million |
|
482520
KQ:482520
|
$7.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in D.T.C. Enterprise PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,543,188,000 to 1,562,970,000, a change of 19,782,000 (1.3%).
- Net income of 98,728,000 contributed positively to equity growth.
- Dividend payments of 78,918,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿98.73 Million | +6.32% |
| Dividends Paid | ฿78.92 Million | -5.05% |
| Other Changes | ฿-28.00K | -0.0% |
| Total Change | ฿- | 1.28% |
Book Value vs Market Value Analysis
This analysis compares D.T.C. Enterprise PCL'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: 0.74x
- 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 decreased from 1.03x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ฿0.85 | ฿0.88 | x |
| 2018-12-31 | ฿0.68 | ฿0.88 | x |
| 2019-12-31 | ฿0.46 | ฿0.88 | x |
| 2020-12-31 | ฿0.59 | ฿0.88 | x |
| 2021-12-31 | ฿0.42 | ฿0.88 | x |
| 2022-12-31 | ฿1.11 | ฿0.88 | x |
| 2023-12-31 | ฿1.15 | ฿0.88 | x |
| 2024-12-31 | ฿1.17 | ฿0.88 | x |
| 2025-12-31 | ฿1.19 | ฿0.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently D.T.C. Enterprise PCL 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): 6.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.18%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.16x
- Recent ROE (6.32%) is below the historical average (15.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 39.15% | 19.35% | 1.27x | 1.59x | ฿122.34 Million |
| 2018 | 18.36% | 14.99% | 0.80x | 1.52x | ฿53.18 Million |
| 2019 | 29.02% | 21.29% | 0.90x | 1.52x | ฿110.13 Million |
| 2020 | 14.93% | 17.40% | 0.63x | 1.37x | ฿36.52 Million |
| 2021 | 14.88% | 13.40% | 0.73x | 1.52x | ฿25.73 Million |
| 2022 | 3.74% | 8.19% | 0.38x | 1.20x | ฿-87.08 Million |
| 2023 | 6.71% | 14.07% | 0.40x | 1.18x | ฿-49.02 Million |
| 2024 | 7.44% | 16.10% | 0.40x | 1.17x | ฿-39.54 Million |
| 2025 | 6.32% | 14.18% | 0.38x | 1.16x | ฿-57.57 Million |
Industry Comparison
This section compares D.T.C. Enterprise PCL's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $193,668,331
- Average return on equity (ROE) among peers: 14.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| D.T.C. Enterprise PCL (DTCENT) | ฿1.56 Billion | 39.15% | 0.17x | $8.00 Million |
| Asia Medical & Agricultural Laboratory & Research Center PCL (AMARC) | $193.67 Million | 14.68% | 1.16x | $10.61 Million |