Filter Vision Public Company Limited

BK:FVC Thailand Pollution & Treatment Controls
Market Cap
$20.85 Million
฿722.99 Million THB
Market Cap Rank
#25657 Global
#385 in Thailand
Share Price
฿0.33
Change (1 day)
+3.13%
52-Week Range
฿0.30 - ฿0.52
All Time High
฿3.90
About

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.

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