Eastern Water Resources Development and Management Public Company Limited

BK:EASTW Thailand Utilities - Regulated Water
Market Cap
$120.91 Million
฿4.19 Billion THB
Market Cap Rank
#21812 Global
#247 in Thailand
Share Price
฿2.52
Change (1 day)
+0.80%
52-Week Range
฿1.59 - ฿3.20
All Time High
฿11.07
Categories
Companies in Thailand Utilities - Regulated Water
About

Eastern Water Resources Development and Management Public Company Limited, together with its subsidiaries, engages in the development and management of water distribution pipeline systems in the Eastern Seaboard area of Thailand. It is involved in the supply of raw and industrial water; production and supply of tap water; operation and maintenance management; wastewater treatment, waterworks mana… Read more

Eastern Water Resources Development and Management Public Company Limited (EASTW) - Net Assets

Latest net assets as of September 2025: ฿11.54 Billion THB

Based on the latest financial reports, Eastern Water Resources Development and Management Public Company Limited (EASTW) has net assets worth ฿11.54 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 (฿27.91 Billion) and total liabilities (฿16.37 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 ฿11.54 Billion
% of Total Assets 41.36%
Annual Growth Rate 5.99%
5-Year Change 4.51%
10-Year Change 21.78%
Growth Volatility 5.36

Eastern Water Resources Development and Management Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Eastern Water Resources Development and Management 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 Eastern Water Resources Development and Management Public Company Limited (2000–2024)

The table below shows the annual net assets of Eastern Water Resources Development and Management Public Company Limited from 2000 to 2024.

Year Net Assets Change
2024-12-31 ฿11.57 Billion -0.60%
2023-12-31 ฿11.64 Billion +0.61%
2022-12-31 ฿11.57 Billion +1.23%
2021-12-31 ฿11.43 Billion +3.23%
2020-12-31 ฿11.07 Billion +0.50%
2019-12-31 ฿11.01 Billion +1.93%
2018-12-31 ฿10.81 Billion +3.60%
2017-12-31 ฿10.43 Billion +3.80%
2016-12-31 ฿10.05 Billion +5.78%
2015-12-31 ฿9.50 Billion +11.54%
2014-12-31 ฿8.52 Billion +7.44%
2013-12-31 ฿7.93 Billion +8.29%
2012-12-31 ฿7.32 Billion +5.54%
2011-12-31 ฿6.94 Billion +4.83%
2010-12-31 ฿6.62 Billion +4.31%
2009-12-31 ฿6.34 Billion +6.14%
2008-12-31 ฿5.98 Billion +26.89%
2007-12-31 ฿4.71 Billion +7.38%
2006-12-31 ฿4.39 Billion +9.19%
2005-12-31 ฿4.02 Billion +11.79%
2004-12-31 ฿3.59 Billion +5.38%
2003-12-31 ฿3.41 Billion +5.26%
2002-12-31 ฿3.24 Billion +7.49%
2001-12-31 ฿3.01 Billion +5.15%
2000-12-31 ฿2.87 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Eastern Water Resources Development and Management 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 757.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿6.91 Billion 60.42%
Common Stock ฿1.66 Billion 14.55%
Other Comprehensive Income ฿721.66 Million 6.31%
Other Components ฿2.14 Billion 18.71%
Total Equity ฿11.43 Billion 100.00%

Eastern Water Resources Development and Management Public Company Limited Competitors by Market Cap

The table below lists competitors of Eastern Water Resources Development and Management Public Company Limited ranked by their market capitalization.

Company Market Cap
Highlands Bankshares Inc
PINK:HBSI
 		$44.16 Million
RGB International Bhd
KLSE:0037
 		$44.17 Million
INSTABANK ASA NK 1
F:93V
 		$44.17 Million
Song Shang Electronics Co Ltd
TWO:6156
 		$44.17 Million
Millennium Grp Corp (Asia)
BK:MGC
 		$44.14 Million
Amarc Resources Ltd
OTCQB:AXREF
 		$44.13 Million
Calidus Resources Ltd
PINK:CALRF
 		$44.11 Million
Confidence Petroleum India Limited
NSE:CONFIPET
 		$44.11 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Eastern Water Resources Development and Management Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 11,492,621,855 to 11,430,662,215, a change of -61,959,640 (-0.5%).
  • Net income of 46,605,394 contributed positively to equity growth.
  • Dividend payments of 118,435,924 reduced retained earnings.
  • Other comprehensive income increased equity by 34,873,684.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿46.61 Million +0.41%
Dividends Paid ฿118.44 Million -1.04%
Other Comprehensive Income ฿34.87 Million +0.31%
Other Changes ฿-25.00 Million -0.22%
Total Change ฿- -0.54%

Book Value vs Market Value Analysis

This analysis compares Eastern Water Resources Development and Management 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: 0.37x
  • 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 0.88x to 0.37x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 ฿2.87 ฿2.52 x
2001-12-31 ฿3.00 ฿2.52 x
2002-12-31 ฿3.19 ฿2.52 x
2003-12-31 ฿3.35 ฿2.52 x
2004-12-31 ฿3.54 ฿2.52 x
2005-12-31 ฿3.12 ฿2.52 x
2006-12-31 ฿3.18 ฿2.52 x
2007-12-31 ฿3.28 ฿2.52 x
2008-12-31 ฿3.66 ฿2.52 x
2009-12-31 ฿3.81 ฿2.52 x
2010-12-31 ฿3.98 ฿2.52 x
2011-12-31 ฿4.17 ฿2.52 x
2012-12-31 ฿4.40 ฿2.52 x
2013-12-31 ฿4.75 ฿2.52 x
2014-12-31 ฿5.10 ฿2.52 x
2015-12-31 ฿5.59 ฿2.52 x
2016-12-31 ฿5.92 ฿2.52 x
2017-12-31 ฿6.16 ฿2.52 x
2018-12-31 ฿6.39 ฿2.52 x
2019-12-31 ฿6.52 ฿2.52 x
2020-12-31 ฿6.55 ฿2.52 x
2021-12-31 ฿6.77 ฿2.52 x
2022-12-31 ฿6.86 ฿2.52 x
2023-12-31 ฿6.91 ฿2.52 x
2024-12-31 ฿6.87 ฿2.52 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eastern Water Resources Development and Management 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): 0.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.15%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 2.59x
  • Recent ROE (0.41%) is below the historical average (10.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 8.02% 26.45% 0.15x 1.97x ฿-56.81 Million
2001 9.29% 27.90% 0.17x 1.91x ฿-21.22 Million
2002 10.21% 28.10% 0.19x 1.96x ฿6.81 Million
2003 10.53% 24.90% 0.22x 1.95x ฿17.82 Million
2004 12.55% 23.46% 0.27x 2.00x ฿90.51 Million
2005 12.51% 23.89% 0.26x 2.03x ฿100.38 Million
2006 11.64% 21.15% 0.25x 2.21x ฿71.66 Million
2007 9.44% 18.13% 0.25x 2.10x ฿-26.03 Million
2008 9.57% 23.45% 0.26x 1.56x ฿-25.94 Million
2009 12.73% 28.04% 0.31x 1.44x ฿173.15 Million
2010 13.74% 19.62% 0.47x 1.49x ฿247.52 Million
2011 14.53% 31.00% 0.30x 1.56x ฿314.24 Million
2012 16.94% 33.71% 0.30x 1.70x ฿508.05 Million
2013 16.66% 35.00% 0.28x 1.71x ฿526.30 Million
2014 15.72% 31.45% 0.28x 1.80x ฿485.45 Million
2015 17.05% 36.30% 0.22x 2.11x ฿655.47 Million
2016 13.21% 29.69% 0.22x 2.02x ฿315.54 Million
2017 11.92% 28.35% 0.22x 1.90x ฿196.92 Million
2018 10.52% 26.48% 0.21x 1.90x ฿55.06 Million
2019 9.64% 22.32% 0.22x 1.95x ฿-39.17 Million
2020 7.01% 18.18% 0.18x 2.10x ฿-326.01 Million
2021 9.42% 22.93% 0.20x 2.10x ฿-65.08 Million
2022 6.17% 16.53% 0.17x 2.20x ฿-436.84 Million
2023 2.71% 7.26% 0.15x 2.53x ฿-838.14 Million
2024 0.41% 1.15% 0.14x 2.59x ฿-1.10 Billion

Industry Comparison

This section compares Eastern Water Resources Development and Management Public Company Limited's net assets metrics with peer companies in the Utilities - Regulated Water industry.

Industry Context

  • Industry: Utilities - Regulated Water
  • Average net assets among peers: $8,374,000,573
  • Average return on equity (ROE) among peers: 34.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Eastern Water Resources Development and Management Public Company Limited (EASTW) ฿11.54 Billion 8.02% 1.42x $44.15 Million
More Return Public Company Limited (MORE) $1.46 Billion 79.63% 0.12x $4.65 Million
WHA Utilities and Power Public Company Limited (WHAUP) $13.57 Billion 12.02% 1.20x $124.84 Million
WHA UTILITIES AND PO (WHAUP-R) $10.10 Billion 12.09% 0.15x $111.29 Million