Food and Drinks Public Company Limited (F&D) - Net Assets
Based on the latest financial reports, Food and Drinks Public Company Limited (F&D) has net assets worth ฿1.49 Billion THB (≈ $46.49 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.01 Billion ≈ $62.67 Million USD) and total liabilities (฿519.07 Million ≈ $16.18 Million USD). 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. Check Food and Drinks Public Company Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.49 Billion |
| % of Total Assets | 74.19% |
| Annual Growth Rate | 8.74% |
| 5-Year Change | 26.77% |
| 10-Year Change | 160.15% |
| Growth Volatility | 24.42 |
Food and Drinks Public Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how Food and Drinks Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Food and Drinks Public Company Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Food and Drinks Public Company Limited (2013–2025)
The table below shows the annual net assets of Food and Drinks Public Company Limited from 2013 to 2025. For live valuation and market cap data, see F&D market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.49 Billion ≈ $46.49 Million |
+4.32% |
| 2024-12-31 | ฿1.43 Billion ≈ $44.57 Million |
+14.15% |
| 2023-12-31 | ฿1.25 Billion ≈ $39.05 Million |
+4.15% |
| 2022-12-31 | ฿1.20 Billion ≈ $37.49 Million |
+2.22% |
| 2021-12-31 | ฿1.18 Billion ≈ $36.68 Million |
+9.44% |
| 2020-12-31 | ฿1.08 Billion ≈ $33.51 Million |
+2.12% |
| 2019-12-31 | ฿1.05 Billion ≈ $32.82 Million |
+83.44% |
| 2018-12-31 | ฿573.98 Million ≈ $17.89 Million |
-1.89% |
| 2017-12-31 | ฿585.01 Million ≈ $18.23 Million |
+2.02% |
| 2016-12-31 | ฿573.40 Million ≈ $17.87 Million |
+31.53% |
| 2015-12-31 | ฿435.95 Million ≈ $13.59 Million |
-15.91% |
| 2014-12-31 | ฿518.44 Million ≈ $16.16 Million |
-5.03% |
| 2013-12-31 | ฿545.91 Million ≈ $17.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Food and Drinks 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 64.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿55.65 Million | 3.73% |
| Common Stock | ฿176.24 Million | 11.82% |
| Other Comprehensive Income | ฿1.13 Billion | 76.03% |
| Other Components | ฿125.67 Million | 8.42% |
| Total Equity | ฿1.49 Billion | 100.00% |
Food and Drinks Public Company Limited Competitors by Market Cap
The table below lists competitors of Food and Drinks Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citigold Corporation Limited
F:CHP
|
$29.12 Million |
|
Eupe Corporation Bhd
KLSE:6815
|
$29.12 Million |
|
Lamor Corporation Oyj
HE:LAMOR
|
$29.12 Million |
|
PJP Makrum S.A.
WAR:PJP
|
$29.14 Million |
|
Crown Crafts Inc
NASDAQ:CRWS
|
$29.11 Million |
|
Agroton Public Ltd.
WAR:AGT
|
$29.10 Million |
|
UMediC Group Berhad
KLSE:0256
|
$29.10 Million |
|
AQUA SA ZY 16
F:9S0
|
$29.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Food and Drinks Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,429,928,832 to 1,491,680,741, a change of 61,751,909 (4.3%).
- Net income of 129,912 contributed positively to equity growth.
- Dividend payments of 44,941,985 reduced retained earnings.
- Other comprehensive income increased equity by 106,433,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿129.91K | +0.01% |
| Dividends Paid | ฿44.94 Million | -3.01% |
| Other Comprehensive Income | ฿106.43 Million | +7.14% |
| Other Changes | ฿130.98K | +0.01% |
| Total Change | ฿- | 4.32% |
Book Value vs Market Value Analysis
This analysis compares Food and Drinks 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: 0.63x
- 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 1.88x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ฿28.22 | ฿53.00 | x |
| 2016-12-31 | ฿37.12 | ฿53.00 | x |
| 2017-12-31 | ฿35.65 | ฿53.00 | x |
| 2018-12-31 | ฿32.57 | ฿53.00 | x |
| 2019-12-31 | ฿59.74 | ฿53.00 | x |
| 2020-12-31 | ฿61.01 | ฿53.00 | x |
| 2021-12-31 | ฿66.77 | ฿53.00 | x |
| 2022-12-31 | ฿68.25 | ฿53.00 | x |
| 2023-12-31 | ฿71.08 | ฿53.00 | x |
| 2024-12-31 | ฿81.13 | ฿53.00 | x |
| 2025-12-31 | ฿84.64 | ฿53.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Food and Drinks 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): 0.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.02%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.35x
- Recent ROE (0.01%) is above the historical average (-2.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.22% | 2.48% | 0.66x | 1.36x | ฿-42.47 Million |
| 2014 | -4.72% | -5.03% | 0.65x | 1.44x | ฿-76.32 Million |
| 2015 | -18.92% | -17.77% | 0.62x | 1.71x | ฿-126.08 Million |
| 2016 | -11.27% | -8.84% | 0.70x | 1.83x | ฿-121.96 Million |
| 2017 | -7.26% | -5.51% | 0.82x | 1.60x | ฿-101.00 Million |
| 2018 | -1.87% | -1.38% | 0.82x | 1.64x | ฿-68.11 Million |
| 2019 | 0.14% | 0.20% | 0.48x | 1.44x | ฿-103.83 Million |
| 2020 | 2.26% | 3.49% | 0.47x | 1.38x | ฿-83.25 Million |
| 2021 | 0.79% | 1.49% | 0.39x | 1.36x | ฿-108.38 Million |
| 2022 | 2.18% | 3.55% | 0.46x | 1.32x | ฿-94.05 Million |
| 2023 | 4.08% | 6.98% | 0.45x | 1.30x | ฿-74.18 Million |
| 2024 | 5.64% | 10.17% | 0.44x | 1.27x | ฿-62.37 Million |
| 2025 | 0.01% | 0.02% | 0.29x | 1.35x | ฿-149.04 Million |
Industry Comparison
This section compares Food and Drinks Public Company Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Food and Drinks Public Company Limited (F&D) | ฿1.49 Billion | 2.22% | 0.35x | $29.11 Million |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $-4.38 Billion | 0.00% | 0.00x | $81.12 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $1.95 Billion | 5.90% | 0.00x | $45.68 Million |
| Future Park Leasehold Property Fund (FUTUREPF) | $6.37 Billion | 12.73% | 0.15x | $206.33 Million |
| HEMARAJ INDUSTRIAL PROPERTY AND LEASEHOLD FUND (HPF) | $14.95 Million | 1087.82% | 314.39x | $71.78 Million |
| Lighting and Equipment Public Company Limited (L&E) | $1.11 Billion | 6.70% | 1.45x | $19.48 Million |
| Land and Houses Freehold and Leasehold Property Fund (LHPF) | $3.54 Billion | 4.62% | 0.02x | $49.99 Million |
| Luxury Real Estate Investment Fund (LUXF) | $2.17 Billion | 8.78% | 0.00x | $52.06 Million |
| Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) | $3.58 Billion | 2.63% | 0.00x | $66.50 Million |
| Sala @ Sathorn Property Fund (SSPF) | $1.49 Billion | 3.50% | 0.00x | $20.72 Million |
About Food and Drinks Public Company Limited
Food and Drinks Public Company Limited manufactures and sells foods products, beverages, and frozen foods in Thailand and internationally. The company also provides spices and sauces, fruits and vegetables, ready to eat, and beverage products. The company was founded in 1985 and is headquartered in Chonburi, Thailand.