EURO CREATIONS PUBLIC COMPANY LIMITED
Euro Creations Public Company Limited engages in the import and distribution of furniture, exercise machine, and related equipment in Thailand. It operates in two segments, Business to Consumer and Business to Business. The company offers armchairs, bar stools, basin mixers, beds, benches, bookcase/shelfs, bath accessories, shelfs, cabinets and chest drawers, center tables, chaise lounges, chande… Read more
EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) - Net Assets
Latest net assets as of June 2024: ฿811.84 Million THB
Based on the latest financial reports, EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) has net assets worth ฿811.84 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.87 Billion) and total liabilities (฿1.06 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 | ฿811.84 Million |
| % of Total Assets | 43.32% |
| Annual Growth Rate | 89.39% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 158.59 |
EURO CREATIONS PUBLIC COMPANY LIMITED - Net Assets Trend (2020–2022)
This chart illustrates how EURO CREATIONS 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 EURO CREATIONS PUBLIC COMPANY LIMITED (2020–2022)
The table below shows the annual net assets of EURO CREATIONS PUBLIC COMPANY LIMITED from 2020 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ฿220.97 Million | -11.63% |
| 2021-12-31 | ฿250.06 Million | +305.55% |
| 2020-12-31 | ฿61.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EURO CREATIONS 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 162.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿62.06 Million | 36.07% |
| Other Components | ฿110.00 Million | 63.93% |
| Total Equity | ฿172.06 Million | 100.00% |
EURO CREATIONS PUBLIC COMPANY LIMITED Competitors by Market Cap
The table below lists competitors of EURO CREATIONS PUBLIC COMPANY LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Top Win International Limited
NASDAQ:SORA
|
$9.44 Million |
|
Q Capital Partners Co. Ltd
KQ:016600
|
$9.44 Million |
|
ALMA METALS LTD. CUFS1
F:BP60
|
$9.44 Million |
|
Venus Metals Corporation Ltd
AU:VMC
|
$9.44 Million |
|
DLSI
PA:ALDLS
|
$9.43 Million |
|
BLACKROCK
BE:BLQA
|
$9.43 Million |
|
Equatorial Resources Limited
F:PBU
|
$9.43 Million |
|
Leviathan Gold Ltd
OTCQB:LVXFF
|
$9.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EURO CREATIONS PUBLIC COMPANY LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 210,900,000 to 172,060,000, a change of -38,840,000 (-18.4%).
- Net income of 106,160,000 contributed positively to equity growth.
- Other factors decreased equity by 145,000,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿106.16 Million | +61.7% |
| Other Changes | ฿-145.00 Million | -84.27% |
| Total Change | ฿- | -18.42% |
Book Value vs Market Value Analysis
This analysis compares EURO CREATIONS 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: 7.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 28.08x to 7.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ฿0.15 | ฿4.20 | x |
| 2021-12-31 | ฿0.69 | ฿4.20 | x |
| 2022-12-31 | ฿0.56 | ฿4.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EURO CREATIONS 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): 61.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.13%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 7.23x
- Recent ROE (61.70%) is below the historical average (103.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 208.18% | 12.23% | 1.18x | 14.47x | ฿90.41 Million |
| 2021 | 40.44% | 10.28% | 0.83x | 4.75x | ฿64.20 Million |
| 2022 | 61.70% | 10.13% | 0.84x | 7.23x | ฿88.95 Million |
Industry Comparison
This section compares EURO CREATIONS PUBLIC COMPANY LIMITED's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $2,011,301,728
- Average return on equity (ROE) among peers: 10.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) | ฿811.84 Million | 208.18% | 1.31x | $9.44 Million |
| Chic Republic PCL (CHIC) | $606.70 Million | 5.63% | 2.08x | $2.31 Million |
| East Coast Furnitech Public Company Limited (ECF) | $1.45 Billion | 2.33% | 1.35x | $679.02K |
| Fancy Wood Industries Public Company Limited (FANCY) | $1.52 Billion | 16.74% | 0.09x | $2.87 Million |
| Home Pottery Public Company Limited (HPT) | $318.50 Million | 7.42% | 0.18x | $4.01 Million |
| Index Living Mall Public Company Limited (ILM) | $4.65 Billion | 10.63% | 1.65x | $37.42 Million |
| Itthirit Nice Corp. PCL (ITTHI) | $346.24 Million | 6.70% | 0.45x | $3.13 Million |
| Masterkool International Public Company Limited (KOOL) | $389.26 Million | 22.35% | 0.46x | $11.64 Million |
| Kang Yong Electric Public Company Limited (KYE) | $6.38 Billion | 11.28% | 0.28x | $44.05 Million |
| Modernform Group Public Company Limited (MODERN) | $2.45 Billion | 7.07% | 0.50x | $22.15 Million |