Future Park Leasehold Property Fund
Future Park Leasehold Property Fund specializes in real estate investments.
Future Park Leasehold Property Fund (FUTUREPF) - Net Assets
Latest net assets as of June 2024: ฿5.41 Billion THB
Based on the latest financial reports, Future Park Leasehold Property Fund (FUTUREPF) has net assets worth ฿5.41 Billion THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿11.62 Billion) and total liabilities (฿6.21 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 | ฿5.41 Billion |
| % of Total Assets | 46.55% |
| Annual Growth Rate | 6.13% |
| 5-Year Change | 71.4% |
| 10-Year Change | 79.56% |
| Growth Volatility | 126.07 |
Future Park Leasehold Property Fund - Net Assets Trend (2012–2023)
This chart illustrates how Future Park Leasehold Property Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Future Park Leasehold Property Fund (2012–2023)
The table below shows the annual net assets of Future Park Leasehold Property Fund from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿11.71 Billion | +98.65% |
| 2022-12-31 | ฿5.89 Billion | -0.97% |
| 2021-12-31 | ฿5.95 Billion | -8.11% |
| 2020-12-31 | ฿6.48 Billion | -5.19% |
| 2019-12-31 | ฿6.83 Billion | +325.14% |
| 2018-12-31 | ฿1.61 Billion | +128.82% |
| 2017-12-31 | ฿-5.57 Billion | 0.00% |
| 2016-12-31 | ฿-5.57 Billion | -183.39% |
| 2015-12-31 | ฿6.68 Billion | +2.52% |
| 2014-12-31 | ฿6.52 Billion | +2.31% |
| 2013-12-31 | ฿6.37 Billion | +4.68% |
| 2012-12-31 | ฿6.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Future Park Leasehold Property Fund'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 65.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿158.84 Million | 2.82% |
| Common Stock | ฿5.48 Billion | 97.18% |
| Total Equity | ฿5.64 Billion | 100.00% |
Future Park Leasehold Property Fund Competitors by Market Cap
The table below lists competitors of Future Park Leasehold Property Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bell Financial Group Ltd
AU:BFG
|
$91.65 Million |
|
NAUROBOTICS
KQ:459510
|
$91.74 Million |
|
Montana Technologies Corporation
NASDAQ:AIRJ
|
$91.75 Million |
|
Delta Plus Group SA
PA:ALDLT
|
$91.77 Million |
|
YMT Co., Ltd.
KQ:251370
|
$91.56 Million |
|
Holcim Philippines Inc
OTCGREY:HCPHY
|
$91.56 Million |
|
Amadeus Fire AG
XETRA:AAD
|
$91.52 Million |
|
Erbosan Erciyas Boru Sanayi Ve Ticaret AS
IS:ERBOS
|
$91.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Future Park Leasehold Property Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 5,892,726,481 to 5,635,460,205, a change of -257,266,276 (-4.4%).
- Net income of 484,126,264 contributed positively to equity growth.
- Dividend payments of 584,852,800 reduced retained earnings.
- Share repurchases of 156,539,740 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿484.13 Million | +8.59% |
| Dividends Paid | ฿584.85 Million | -10.38% |
| Share Repurchases | ฿156.54 Million | -2.78% |
| Total Change | ฿- | -4.37% |
Book Value vs Market Value Analysis
This analysis compares Future Park Leasehold Property Fund'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: 1.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿11.49 | ฿12.50 | x |
| 2013-12-31 | ฿12.03 | ฿12.50 | x |
| 2014-12-31 | ฿12.31 | ฿12.50 | x |
| 2015-12-31 | ฿12.62 | ฿12.50 | x |
| 2016-12-31 | ฿7459996886.00 | ฿12.50 | x |
| 2017-12-31 | ฿3671354967.00 | ฿12.50 | x |
| 2018-12-31 | ฿7239559194.00 | ฿12.50 | x |
| 2019-12-31 | ฿12.90 | ฿12.50 | x |
| 2020-12-31 | ฿12.23 | ฿12.50 | x |
| 2021-12-31 | ฿11.24 | ฿12.50 | x |
| 2022-12-31 | ฿11.13 | ฿12.50 | x |
| 2023-12-31 | ฿10.64 | ฿12.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Future Park Leasehold Property Fund 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): 8.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.87%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.08x
- Recent ROE (8.59%) is below the historical average (9.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 12.09% | 84.69% | 0.12x | 1.17x | ฿127.23 Million |
| 2013 | 12.73% | 88.85% | 0.12x | 1.15x | ฿173.89 Million |
| 2014 | 12.23% | 84.39% | 0.13x | 1.13x | ฿145.31 Million |
| 2015 | 12.25% | 86.98% | 0.13x | 1.13x | ฿150.25 Million |
| 2016 | 10.42% | 78.69% | 16.46x | 0.01x | ฿30.98 Million |
| 2017 | 10.82% | 77.31% | 17.12x | 0.01x | ฿59.88 Million |
| 2018 | 10.08% | 71.04% | 0.14x | 1.00x | ฿5.88 Million |
| 2019 | 11.26% | 72.34% | 0.15x | 1.07x | ฿85.85 Million |
| 2020 | 2.07% | 22.44% | 0.05x | 1.82x | ฿-513.75 Million |
| 2021 | -2.95% | -28.03% | 0.05x | 1.94x | ฿-770.34 Million |
| 2022 | 8.82% | 66.37% | 0.07x | 1.99x | ฿-69.60 Million |
| 2023 | 8.59% | 49.87% | 0.08x | 2.08x | ฿-79.42 Million |
Industry Comparison
This section compares Future Park Leasehold Property Fund'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 |
|---|---|---|---|---|
| Future Park Leasehold Property Fund (FUTUREPF) | ฿5.41 Billion | 12.09% | 1.15x | $91.63 Million |
| BURIRAM SUGAR GROUP POWER PLANT INFRASTRUCTURE FUND (BRRGIF) | $2.60 Billion | -0.03% | 0.00x | $1.04K |
| BTS Rail Mass Transit Growth (BTSGIF) | $-1.14 Billion | 0.00% | 0.00x | $694.94 |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $4.50 Billion | 7.19% | 0.12x | $55.23 Million |
| C.P. Tower Growth Leasehold Property Fund (CPTGF) | $9.97 Billion | 7.67% | 0.04x | $83.24 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $1.90 Billion | 5.92% | 0.00x | $31.56 Million |
| Digital Telecommunications Infrastructure Fund (DIF) | $-45.10 Billion | 0.00% | 0.00x | $2.53K |
| North Bangkok Power Plant (EGATIF) | $21.22 Billion | 2.80% | 0.00x | $1.65K |
| Food and Drinks Public Company Limited (F&D) | $573.40 Million | -11.27% | 0.83x | $1.80 Million |
| GULF ENERGY DEVELOPMENT-NVDR (GULF-R) | $39.35 Billion | 8.77% | 1.56x | $6.05 Billion |