Grande Hospitality Real Estate Investment Trust
Grande Hospitality Real Estate Investment Trust operates in various business sectors.
Grande Hospitality Real Estate Investment Trust (GAHREIT) - Net Assets
Latest net assets as of September 2025: ฿1.94 Billion THB
Based on the latest financial reports, Grande Hospitality Real Estate Investment Trust (GAHREIT) has net assets worth ฿1.94 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 (฿2.01 Billion) and total liabilities (฿60.68 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 | ฿1.94 Billion |
| % of Total Assets | 96.97% |
| Annual Growth Rate | -8.1% |
| 5-Year Change | 4.52% |
| 10-Year Change | -60.93% |
| Growth Volatility | 19.81 |
Grande Hospitality Real Estate Investment Trust - Net Assets Trend (2014–2024)
This chart illustrates how Grande Hospitality Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grande Hospitality Real Estate Investment Trust (2014–2024)
The table below shows the annual net assets of Grande Hospitality Real Estate Investment Trust from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.95 Billion | +1.24% |
| 2023-12-31 | ฿1.92 Billion | +2.53% |
| 2022-12-31 | ฿1.88 Billion | +0.53% |
| 2021-12-31 | ฿1.87 Billion | +0.17% |
| 2020-12-31 | ฿1.86 Billion | +0.08% |
| 2019-12-31 | ฿1.86 Billion | +1.03% |
| 2018-12-31 | ฿1.84 Billion | +3.47% |
| 2017-12-31 | ฿1.78 Billion | -63.38% |
| 2016-12-31 | ฿4.86 Billion | -2.43% |
| 2015-12-31 | ฿4.99 Billion | +9.93% |
| 2014-12-31 | ฿4.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grande Hospitality Real Estate Investment Trust'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 31.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿193.13 Million | 9.91% |
| Other Components | ฿1.75 Billion | 90.09% |
| Total Equity | ฿1.95 Billion | 100.00% |
Grande Hospitality Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of Grande Hospitality Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kingsmen Resources Ltd
OTCQB:KNGRF
|
$14.90 Million |
|
Groupe Partouche SA
PA:PARP
|
$14.90 Million |
|
Daesung Microbiological Labs. Co. Ltd
KQ:036480
|
$14.92 Million |
|
Yandal Resources Ltd
AU:YRL
|
$14.92 Million |
|
Wetteri
HE:WETTERI
|
$14.89 Million |
|
Hofseth BioCare ASA
PINK:HOFBF
|
$14.89 Million |
|
FAIR ISAAC
BE:FRI
|
$14.89 Million |
|
Telefield Inc
KQ:091440
|
$14.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grande Hospitality Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,924,299,544 to 1,948,125,022, a change of 23,825,478 (1.2%).
- Net income of 134,390,477 contributed positively to equity growth.
- Dividend payments of 110,565,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿134.39 Million | +6.9% |
| Dividends Paid | ฿110.56 Million | -5.68% |
| Other Changes | ฿0.85 | +0.0% |
| Total Change | ฿- | 1.24% |
Book Value vs Market Value Analysis
This analysis compares Grande Hospitality Real Estate Investment Trust'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: 0.39x
- 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 3.90x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿1.10 | ฿4.30 | x |
| 2015-12-31 | ฿1.00 | ฿4.30 | x |
| 2016-12-31 | ฿1.00 | ฿4.30 | x |
| 2017-12-31 | ฿10.15 | ฿4.30 | x |
| 2018-12-31 | ฿10.50 | ฿4.30 | x |
| 2019-12-31 | ฿10.61 | ฿4.30 | x |
| 2020-12-31 | ฿10.62 | ฿4.30 | x |
| 2021-12-31 | ฿10.64 | ฿4.30 | x |
| 2022-12-31 | ฿10.69 | ฿4.30 | x |
| 2023-12-31 | ฿10.96 | ฿4.30 | x |
| 2024-12-31 | ฿11.10 | ฿4.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grande Hospitality Real Estate Investment Trust 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): 6.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 102.76%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.05x
- Recent ROE (6.90%) is above the historical average (5.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 19.85% | 12.22% | 0.89x | 1.82x | ฿298.79 Million |
| 2015 | -4.16% | -8.69% | 0.24x | 2.03x | ฿-410.11 Million |
| 2016 | 0.20% | 0.41% | 0.19x | 2.65x | ฿-284.32 Million |
| 2017 | 1.49% | 91.71% | 0.02x | 1.05x | ฿-151.61 Million |
| 2018 | 7.51% | 105.49% | 0.07x | 1.05x | ฿-45.85 Million |
| 2019 | 6.67% | 94.52% | 0.07x | 1.05x | ฿-61.93 Million |
| 2020 | 5.73% | 81.45% | 0.07x | 1.05x | ฿-79.60 Million |
| 2021 | 5.81% | 82.86% | 0.07x | 1.03x | ฿-78.17 Million |
| 2022 | 6.14% | 88.05% | 0.07x | 1.03x | ฿-72.53 Million |
| 2023 | 7.94% | 116.76% | 0.06x | 1.05x | ฿-39.73 Million |
| 2024 | 6.90% | 102.76% | 0.06x | 1.05x | ฿-60.42 Million |
Industry Comparison
This section compares Grande Hospitality Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Hotel & Motel industry.
Industry Context
- Industry: REIT - Hotel & Motel
- Average net assets among peers: $4,269,807,550
- Average return on equity (ROE) among peers: 6.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grande Hospitality Real Estate Investment Trust (GAHREIT) | ฿1.94 Billion | 19.85% | 0.03x | $14.89 Million |
| Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT) | $3.73 Billion | 4.83% | 0.18x | $43.53 Million |
| Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition (GROREIT) | $3.35 Billion | 7.70% | 0.48x | $53.22 Million |
| LH Hotel Leasehold Real Estate Investment Trust (LHHOTEL) | $6.64 Billion | 12.05% | 0.24x | $277.39 Million |
| Sri panwa Hospitality Real Estate Investment Trust (SRIPANWA) | $3.37 Billion | 3.40% | 0.29x | $20.93 Million |