Filter Vision Public Company Limited
Filter Vision Public Company Limited engages in the design, assembly, installation, and distribution of pure water treatment systems in Thailand. The company operates through three segments: Sales and Services of Industrial and Original Equipment Manufacturing Water System; Sales and Services of Commercial and Residential; and Sales and Services of Medical Service. It offers water filtration syst… Read more
Filter Vision Public Company Limited (FVC) - Net Assets
Latest net assets as of September 2025: ฿1.66 Billion THB
Based on the latest financial reports, Filter Vision Public Company Limited (FVC) has net assets worth ฿1.66 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 (฿2.13 Billion) and total liabilities (฿470.14 Million). 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 | ฿1.66 Billion |
| % of Total Assets | 77.94% |
| Annual Growth Rate | 16.68% |
| 5-Year Change | 153.72% |
| 10-Year Change | 136.69% |
| Growth Volatility | 34.8 |
Filter Vision Public Company Limited - Net Assets Trend (2010–2024)
This chart illustrates how Filter Vision 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 Filter Vision Public Company Limited (2010–2024)
The table below shows the annual net assets of Filter Vision Public Company Limited from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿796.05 Million | -1.04% |
| 2023-12-31 | ฿804.42 Million | +13.13% |
| 2022-12-31 | ฿711.04 Million | +62.88% |
| 2021-12-31 | ฿436.54 Million | +39.14% |
| 2020-12-31 | ฿313.75 Million | -23.58% |
| 2019-12-31 | ฿410.57 Million | -38.82% |
| 2018-12-31 | ฿671.07 Million | +1.11% |
| 2017-12-31 | ฿663.71 Million | +84.88% |
| 2016-12-31 | ฿358.99 Million | +6.74% |
| 2015-12-31 | ฿336.33 Million | +60.94% |
| 2014-12-31 | ฿208.98 Million | +2.72% |
| 2013-12-31 | ฿203.44 Million | +66.61% |
| 2012-12-31 | ฿122.10 Million | +13.19% |
| 2011-12-31 | ฿107.87 Million | +17.53% |
| 2010-12-31 | ฿91.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Filter Vision 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 327.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿89.13 Million | 15.60% |
| Common Stock | ฿282.57 Million | 49.45% |
| Other Comprehensive Income | ฿24.23 Million | 4.24% |
| Other Components | ฿175.49 Million | 30.71% |
| Total Equity | ฿571.43 Million | 100.00% |
Filter Vision Public Company Limited Competitors by Market Cap
The table below lists competitors of Filter Vision Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Viewbix Inc. Common Stock
PINK:VBIX
|
$19.28 Million |
|
GEE Group Inc
NYSE MKT:JOB
|
$19.28 Million |
|
Altech Batteries Ltd
AU:ATC
|
$19.28 Million |
|
The Cannabist Company Holdings Inc.
OTCQX:CBSTF
|
$19.29 Million |
|
SANGBO Corp
KQ:027580
|
$19.25 Million |
|
Super Energy Tbk PT
JK:SURE
|
$19.25 Million |
|
STRATEGIC METALS (NEW)
F:3FL
|
$19.24 Million |
|
Neuphoria Therapeutics Inc
NASDAQ:NEUP
|
$19.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Filter Vision Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 584,792,484 to 571,431,468, a change of -13,361,016 (-2.3%).
- Net income of 18,688,389 contributed positively to equity growth.
- Dividend payments of 12,876,287 reduced retained earnings.
- Share repurchases of 16,602,490 reduced equity.
- Other comprehensive income increased equity by 18,832,575.
- Other factors decreased equity by 21,403,203.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿18.69 Million | +3.27% |
| Dividends Paid | ฿12.88 Million | -2.25% |
| Share Repurchases | ฿16.60 Million | -2.91% |
| Other Comprehensive Income | ฿18.83 Million | +3.3% |
| Other Changes | ฿-21.40 Million | -3.75% |
| Total Change | ฿- | -2.28% |
Book Value vs Market Value Analysis
This analysis compares Filter Vision 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: 0.33x
- 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 0.51x to 0.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿0.65 | ฿0.33 | x |
| 2012-12-31 | ฿0.72 | ฿0.33 | x |
| 2013-12-31 | ฿1.11 | ฿0.33 | x |
| 2014-12-31 | ฿0.87 | ฿0.33 | x |
| 2015-12-31 | ฿0.86 | ฿0.33 | x |
| 2016-12-31 | ฿0.83 | ฿0.33 | x |
| 2017-12-31 | ฿1.02 | ฿0.33 | x |
| 2018-12-31 | ฿1.18 | ฿0.33 | x |
| 2019-12-31 | ฿0.70 | ฿0.33 | x |
| 2020-12-31 | ฿0.54 | ฿0.33 | x |
| 2021-12-31 | ฿0.58 | ฿0.33 | x |
| 2022-12-31 | ฿0.87 | ฿0.33 | x |
| 2023-12-31 | ฿1.03 | ฿0.33 | x |
| 2024-12-31 | ฿1.01 | ฿0.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Filter Vision 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): 3.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.79%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 2.19x
- Recent ROE (3.27%) is above the historical average (0.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 10.42% | 5.22% | 1.20x | 1.66x | ฿448.34K |
| 2012 | 12.32% | 5.76% | 1.32x | 1.62x | ฿2.83 Million |
| 2013 | 6.71% | 4.49% | 1.11x | 1.35x | ฿-6.69 Million |
| 2014 | 6.00% | 3.46% | 1.27x | 1.37x | ฿-8.36 Million |
| 2015 | 3.92% | 3.55% | 0.90x | 1.23x | ฿-20.12 Million |
| 2016 | 3.48% | 3.11% | 0.85x | 1.32x | ฿-23.10 Million |
| 2017 | 3.39% | 4.78% | 0.59x | 1.21x | ฿-42.96 Million |
| 2018 | -0.59% | -0.59% | 0.69x | 1.45x | ฿-69.52 Million |
| 2019 | -63.70% | -30.76% | 1.06x | 1.95x | ฿-291.51 Million |
| 2020 | -5.05% | -2.78% | 0.76x | 2.39x | ฿-46.32 Million |
| 2021 | 11.63% | 5.89% | 0.76x | 2.58x | ฿5.32 Million |
| 2022 | 6.65% | 4.29% | 0.67x | 2.30x | ฿-16.61 Million |
| 2023 | 15.47% | 10.03% | 0.77x | 1.99x | ฿31.98 Million |
| 2024 | 3.27% | 1.79% | 0.84x | 2.19x | ฿-38.45 Million |
Industry Comparison
This section compares Filter Vision Public Company Limited's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $722,210,802
- Average return on equity (ROE) among peers: 5.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Filter Vision Public Company Limited (FVC) | ฿1.66 Billion | 10.42% | 0.28x | $19.25 Million |
| Function International PCL (FTI) | $722.21 Million | 5.06% | 0.37x | $6.18 Million |