Dusit Thani Public Company Limited
Dusit Thani Public Company Limited, together with its subsidiaries, owns and operates hotels and resorts in Thailand and internationally. The company operates through five segments: Hotel and Hotel Management, Education, Foods, Real Estate Development, and Others. It operates hotels and resorts under the Dusit Thani, dusitD2, Dusit Princess, Dusit Suites, ASAI, Elite Havens, and Dusit Devarana br… Read more
Dusit Thani Public Company Limited (DUSIT) - Net Assets
Latest net assets as of September 2025: ฿7.94 Billion THB
Based on the latest financial reports, Dusit Thani Public Company Limited (DUSIT) has net assets worth ฿7.94 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿38.64 Billion) and total liabilities (฿30.70 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 | ฿7.94 Billion |
| % of Total Assets | 20.55% |
| Annual Growth Rate | 4.35% |
| 5-Year Change | 111.27% |
| 10-Year Change | 62.61% |
| Growth Volatility | 26.12 |
Dusit Thani Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how Dusit Thani 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 Dusit Thani Public Company Limited (2006–2024)
The table below shows the annual net assets of Dusit Thani Public Company Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿8.79 Billion | +103.76% |
| 2023-12-31 | ฿4.31 Billion | -14.50% |
| 2022-12-31 | ฿5.04 Billion | +29.52% |
| 2021-12-31 | ฿3.89 Billion | -6.37% |
| 2020-12-31 | ฿4.16 Billion | -29.55% |
| 2019-12-31 | ฿5.90 Billion | -2.86% |
| 2018-12-31 | ฿6.08 Billion | +3.36% |
| 2017-12-31 | ฿5.88 Billion | +9.84% |
| 2016-12-31 | ฿5.35 Billion | -0.93% |
| 2015-12-31 | ฿5.40 Billion | +3.69% |
| 2014-12-31 | ฿5.21 Billion | +8.10% |
| 2013-12-31 | ฿4.82 Billion | +5.89% |
| 2012-12-31 | ฿4.55 Billion | -0.43% |
| 2011-12-31 | ฿4.57 Billion | +8.81% |
| 2010-12-31 | ฿4.20 Billion | +4.48% |
| 2009-12-31 | ฿4.02 Billion | -2.74% |
| 2008-12-31 | ฿4.14 Billion | +0.53% |
| 2007-12-31 | ฿4.11 Billion | +0.77% |
| 2006-12-31 | ฿4.08 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dusit Thani 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 decreased by 236.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿8.46 Billion | 117.40% |
| Total Equity | ฿7.21 Billion | 100.00% |
Dusit Thani Public Company Limited Competitors by Market Cap
The table below lists competitors of Dusit Thani Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NanoenTekInc
KQ:039860
|
$79.23 Million |
|
Nexen Corporation
KO:005720
|
$79.25 Million |
|
TOLUF
OTCQX:TOLUF
|
$79.29 Million |
|
Daihan Pharmaceutical Co.Ltd
KQ:023910
|
$79.31 Million |
|
Kenilworth Systems C
PINK:KENS
|
$79.13 Million |
|
Alpha Cognition Inc
NASDAQ:ACOG
|
$79.11 Million |
|
Cardiol Therapeutics Inc Class A
NASDAQ:CRDL
|
$79.10 Million |
|
Currenc Group Inc. Ordinary Shares
NASDAQ:CURR
|
$79.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dusit Thani Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,440,139,000 to 7,209,463,000, a change of 3,769,324,000 (109.6%).
- Net loss of 236,765,000 reduced equity.
- Dividend payments of 20,646,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,784,904,000.
- Other factors increased equity by 5,811,639,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-236.76 Million | -3.28% |
| Dividends Paid | ฿20.65 Million | -0.29% |
| Other Comprehensive Income | ฿-1.78 Billion | -24.76% |
| Other Changes | ฿5.81 Billion | +80.61% |
| Total Change | ฿- | 109.57% |
Book Value vs Market Value Analysis
This analysis compares Dusit Thani 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: 1.20x
- 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 2.19x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿4.66 | ฿10.20 | x |
| 2007-12-31 | ฿4.59 | ฿10.20 | x |
| 2008-12-31 | ฿4.62 | ฿10.20 | x |
| 2009-12-31 | ฿4.50 | ฿10.20 | x |
| 2010-12-31 | ฿4.69 | ฿10.20 | x |
| 2011-12-31 | ฿4.59 | ฿10.20 | x |
| 2012-12-31 | ฿4.68 | ฿10.20 | x |
| 2013-12-31 | ฿4.90 | ฿10.20 | x |
| 2014-12-31 | ฿5.26 | ฿10.20 | x |
| 2015-12-31 | ฿5.43 | ฿10.20 | x |
| 2016-12-31 | ฿5.43 | ฿10.20 | x |
| 2017-12-31 | ฿5.71 | ฿10.20 | x |
| 2018-12-31 | ฿5.88 | ฿10.20 | x |
| 2019-12-31 | ฿5.59 | ฿10.20 | x |
| 2020-12-31 | ฿4.10 | ฿10.20 | x |
| 2021-12-31 | ฿3.89 | ฿10.20 | x |
| 2022-12-31 | ฿4.88 | ฿10.20 | x |
| 2023-12-31 | ฿4.07 | ฿10.20 | x |
| 2024-12-31 | ฿8.53 | ฿10.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dusit Thani 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): -3.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.34%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 5.31x
- Recent ROE (-3.28%) is below the historical average (-2.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.01% | 8.05% | 0.45x | 1.65x | ฿-152.57 Million |
| 2007 | 3.15% | 4.03% | 0.46x | 1.68x | ฿-265.73 Million |
| 2008 | 5.54% | 6.78% | 0.54x | 1.52x | ฿-174.20 Million |
| 2009 | -2.84% | -3.89% | 0.50x | 1.47x | ฿-488.74 Million |
| 2010 | 2.73% | 3.86% | 0.46x | 1.54x | ฿-288.12 Million |
| 2011 | 0.80% | 0.89% | 0.42x | 2.15x | ฿-356.62 Million |
| 2012 | 3.78% | 3.46% | 0.51x | 2.12x | ฿-246.28 Million |
| 2013 | 2.18% | 1.92% | 0.54x | 2.08x | ฿-324.11 Million |
| 2014 | -0.46% | -0.43% | 0.53x | 2.04x | ฿-464.97 Million |
| 2015 | 4.34% | 4.07% | 0.52x | 2.05x | ฿-260.13 Million |
| 2016 | 2.49% | 2.29% | 0.55x | 1.97x | ฿-344.78 Million |
| 2017 | 5.54% | 5.65% | 0.47x | 2.07x | ฿-215.32 Million |
| 2018 | 5.83% | 6.26% | 0.40x | 2.33x | ฿-207.24 Million |
| 2019 | 12.81% | 14.44% | 0.29x | 3.01x | ฿132.97 Million |
| 2020 | -30.28% | -46.23% | 0.10x | 6.30x | ฿-1.40 Billion |
| 2021 | -31.15% | -46.66% | 0.09x | 7.23x | ฿-1.35 Billion |
| 2022 | -13.28% | -13.37% | 0.16x | 6.36x | ฿-959.29 Million |
| 2023 | -16.56% | -10.60% | 0.19x | 8.12x | ฿-913.83 Million |
| 2024 | -3.28% | -2.34% | 0.26x | 5.31x | ฿-957.71 Million |
Industry Comparison
This section compares Dusit Thani Public Company Limited's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $20,818,483,518
- Average return on equity (ROE) among peers: 1.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dusit Thani Public Company Limited (DUSIT) | ฿7.94 Billion | 6.01% | 3.87x | $79.16 Million |
| Asia Hotel Public Company Limited (ASIA) | $6.07 Billion | -3.47% | 0.73x | $14.59 Million |
| Asset World Corp Public Company Limited (AWC) | $79.21 Billion | 1.09% | 0.75x | $453.74 Million |
| ASSET WORLD CORP PCL-NVDR (AWC-R) | $79.21 Billion | 1.09% | 0.75x | $523.94 Million |
| Bound and Beyond PCL (BEYOND) | $3.87 Billion | -14.77% | 0.58x | $34.99 Million |
| The Erawan Group Public Company Limited (ERW) | $4.00 Billion | 8.48% | 1.13x | $161.27 Million |
| Grande Asset Hotels and Property Public Company Limited (GRAND) | $2.29 Billion | -6.80% | 2.41x | $2.69 Million |
| Laguna Resorts & Hotels Public Company Limited (LRH) | $11.40 Billion | 0.98% | 0.58x | $16.35 Million |
| Mandarin Hotel Public Company Limited (MANRIN) | $390.22 Million | -12.52% | 1.14x | $3.09 Million |
| OHTL Public Company Limited (OHTL) | $933.68 Million | 36.27% | 0.87x | $19.48 Million |