GFPT Public Company Limited (GFPT) - Net Assets
Based on the latest financial reports, GFPT Public Company Limited (GFPT) has net assets worth ฿21.70 Billion THB (≈ $676.25 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 (฿27.86 Billion ≈ $868.48 Million USD) and total liabilities (฿6.17 Billion ≈ $192.23 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 GFPT Public Company Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿21.70 Billion |
| % of Total Assets | 77.87% |
| Annual Growth Rate | 10.0% |
| 5-Year Change | 47.74% |
| 10-Year Change | 101.28% |
| Growth Volatility | 22.46 |
GFPT Public Company Limited - Net Assets Trend (2000–2025)
This chart illustrates how GFPT Public Company Limited's net assets have evolved over time, based on quarterly financial data. See how many days can GFPT Public Company Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for GFPT Public Company Limited (2000–2025)
The table below shows the annual net assets of GFPT Public Company Limited from 2000 to 2025. For live valuation and market cap data, see market cap of GFPT Public Company Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿21.70 Billion ≈ $676.25 Million |
+11.30% |
| 2024-12-31 | ฿19.49 Billion ≈ $607.57 Million |
+9.89% |
| 2023-12-31 | ฿17.74 Billion ≈ $552.88 Million |
+6.82% |
| 2022-12-31 | ฿16.61 Billion ≈ $517.60 Million |
+13.08% |
| 2021-12-31 | ฿14.69 Billion ≈ $457.72 Million |
-0.16% |
| 2020-12-31 | ฿14.71 Billion ≈ $458.48 Million |
+8.04% |
| 2019-12-31 | ฿13.62 Billion ≈ $424.37 Million |
+6.98% |
| 2018-12-31 | ฿12.73 Billion ≈ $396.66 Million |
+4.65% |
| 2017-12-31 | ฿12.16 Billion ≈ $379.05 Million |
+12.82% |
| 2016-12-31 | ฿10.78 Billion ≈ $335.97 Million |
+14.15% |
| 2015-12-31 | ฿9.44 Billion ≈ $294.34 Million |
+8.13% |
| 2014-12-31 | ฿8.73 Billion ≈ $272.20 Million |
+17.10% |
| 2013-12-31 | ฿7.46 Billion ≈ $232.45 Million |
+32.71% |
| 2012-12-31 | ฿5.62 Billion ≈ $175.16 Million |
-6.09% |
| 2011-12-31 | ฿5.98 Billion ≈ $186.53 Million |
+11.19% |
| 2010-12-31 | ฿5.38 Billion ≈ $167.75 Million |
+18.24% |
| 2009-12-31 | ฿4.55 Billion ≈ $141.87 Million |
+20.38% |
| 2008-12-31 | ฿3.78 Billion ≈ $117.86 Million |
+21.56% |
| 2007-12-31 | ฿3.11 Billion ≈ $96.95 Million |
-9.78% |
| 2006-12-31 | ฿3.45 Billion ≈ $107.46 Million |
-4.82% |
| 2005-12-31 | ฿3.62 Billion ≈ $112.91 Million |
+7.42% |
| 2004-12-31 | ฿3.37 Billion ≈ $105.11 Million |
-12.95% |
| 2003-12-31 | ฿3.87 Billion ≈ $120.74 Million |
+32.61% |
| 2002-12-31 | ฿2.92 Billion ≈ $91.05 Million |
+101.17% |
| 2001-12-31 | ฿1.45 Billion ≈ $45.26 Million |
-27.48% |
| 2000-12-31 | ฿2.00 Billion ≈ $62.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GFPT 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 16944.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿19.61 Billion | 91.04% |
| Other Components | ฿1.93 Billion | 8.96% |
| Total Equity | ฿21.54 Billion | 100.00% |
GFPT Public Company Limited Competitors by Market Cap
The table below lists competitors of GFPT Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Echomarketing Co.Ltd
KQ:230360
|
$336.12 Million |
|
Jiangsu Aoyang Technology Ltd
SHE:002172
|
$336.15 Million |
|
Chengdu Rainbow Appliance Gr
SHE:003023
|
$336.35 Million |
|
American Oncology Network Inc.
NASDAQ:AONC
|
$336.36 Million |
|
Vetropack Holding SA
SW:VETN
|
$336.09 Million |
|
Dagang Nexchange Bhd
KLSE:4456
|
$336.08 Million |
|
Castro
TA:CAST
|
$336.06 Million |
|
GemVax&KAEL Co.Ltd
KQ:082270
|
$336.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GFPT Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 19,347,222,069 to 21,535,901,219, a change of 2,188,679,150 (11.3%).
- Net income of 2,439,397,090 contributed positively to equity growth.
- Dividend payments of 250,717,940 reduced retained earnings.
- Other comprehensive income decreased equity by 140,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿2.44 Billion | +11.33% |
| Dividends Paid | ฿250.72 Million | -1.16% |
| Other Comprehensive Income | ฿-140.00 Million | -0.65% |
| Other Changes | ฿140.00 Million | +0.65% |
| Total Change | ฿- | 11.31% |
Book Value vs Market Value Analysis
This analysis compares GFPT 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: 0.50x
- 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 3.25x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | ฿2.64 | ฿8.60 | x |
| 2002-12-31 | ฿2.81 | ฿8.60 | x |
| 2003-12-31 | ฿3.37 | ฿8.60 | x |
| 2004-12-31 | ฿2.25 | ฿8.60 | x |
| 2005-12-31 | ฿2.63 | ฿8.60 | x |
| 2006-12-31 | ฿2.60 | ฿8.60 | x |
| 2007-12-31 | ฿2.21 | ฿8.60 | x |
| 2008-12-31 | ฿2.99 | ฿8.60 | x |
| 2009-12-31 | ฿3.59 | ฿8.60 | x |
| 2010-12-31 | ฿4.25 | ฿8.60 | x |
| 2011-12-31 | ฿4.72 | ฿8.60 | x |
| 2012-12-31 | ฿4.42 | ฿8.60 | x |
| 2013-12-31 | ฿5.88 | ฿8.60 | x |
| 2014-12-31 | ฿6.89 | ฿8.60 | x |
| 2015-12-31 | ฿7.44 | ฿8.60 | x |
| 2016-12-31 | ฿8.50 | ฿8.60 | x |
| 2017-12-31 | ฿9.59 | ฿8.60 | x |
| 2018-12-31 | ฿10.05 | ฿8.60 | x |
| 2019-12-31 | ฿10.76 | ฿8.60 | x |
| 2020-12-31 | ฿11.63 | ฿8.60 | x |
| 2021-12-31 | ฿11.61 | ฿8.60 | x |
| 2022-12-31 | ฿13.14 | ฿8.60 | x |
| 2023-12-31 | ฿14.04 | ฿8.60 | x |
| 2024-12-31 | ฿15.35 | ฿8.60 | x |
| 2025-12-31 | ฿17.18 | ฿8.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GFPT 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): 11.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.95%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.29x
- Recent ROE (11.33%) is below the historical average (12.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 28.31% | 9.97% | 2.69x | 1.06x | ฿475.00 Million |
| 2002 | 20.71% | 8.18% | 1.39x | 1.82x | ฿295.43 Million |
| 2003 | 7.65% | 3.34% | 1.40x | 1.63x | ฿-78.23 Million |
| 2004 | -17.80% | -9.20% | 1.01x | 1.92x | ฿-784.78 Million |
| 2005 | 11.19% | 5.51% | 1.18x | 1.72x | ฿39.26 Million |
| 2006 | 3.44% | 1.53% | 1.24x | 1.82x | ฿-213.94 Million |
| 2007 | 10.19% | 3.43% | 1.32x | 2.25x | ฿5.32 Million |
| 2008 | 28.89% | 9.86% | 1.47x | 2.00x | ฿708.80 Million |
| 2009 | 23.69% | 9.28% | 1.41x | 1.81x | ฿617.01 Million |
| 2010 | 21.83% | 9.33% | 1.35x | 1.73x | ฿630.37 Million |
| 2011 | 20.33% | 8.47% | 1.41x | 1.70x | ฿611.48 Million |
| 2012 | 0.74% | 0.27% | 1.19x | 2.32x | ฿-513.81 Million |
| 2013 | 20.40% | 9.00% | 1.27x | 1.78x | ฿766.64 Million |
| 2014 | 20.61% | 9.98% | 1.30x | 1.59x | ฿916.26 Million |
| 2015 | 12.81% | 7.26% | 1.10x | 1.61x | ฿262.24 Million |
| 2016 | 15.42% | 9.85% | 1.03x | 1.52x | ฿577.92 Million |
| 2017 | 14.53% | 10.33% | 0.97x | 1.44x | ฿545.34 Million |
| 2018 | 8.24% | 6.24% | 0.92x | 1.44x | ฿-222.28 Million |
| 2019 | 8.87% | 7.09% | 0.90x | 1.40x | ฿-153.04 Million |
| 2020 | 9.27% | 9.34% | 0.71x | 1.40x | ฿-106.62 Million |
| 2021 | 1.44% | 1.52% | 0.65x | 1.46x | ฿-1.25 Billion |
| 2022 | 12.41% | 11.22% | 0.78x | 1.42x | ฿396.52 Million |
| 2023 | 7.82% | 7.26% | 0.75x | 1.44x | ฿-383.97 Million |
| 2024 | 10.20% | 10.22% | 0.73x | 1.36x | ฿39.10 Million |
| 2025 | 11.33% | 12.95% | 0.68x | 1.29x | ฿285.81 Million |
Industry Comparison
This section compares GFPT Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,384,130,106
- Average return on equity (ROE) among peers: 0.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GFPT Public Company Limited (GFPT) | ฿21.70 Billion | 28.31% | 0.28x | $336.09 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $1.17 Billion | -38.64% | 2.90x | $178.46 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $1.28 Billion | 11.16% | 0.06x | $30.92 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $810.43 Million | -18.22% | 0.46x | $16.07 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.27 Billion | 12.45% | 0.07x | $18.65 Million |
| J.S.P. Property Public Company Limited (JSP) | $930.50 Million | -0.14% | 0.44x | $25.15 Million |
| Thai Ha Public Company Limited (KASET) | $236.43 Million | -29.19% | 1.83x | $5.98 Million |
| Lee Feed Mill Public Company Limited (LEE) | $2.18 Billion | 12.47% | 0.14x | $70.59 Million |
| Malee Group Public Company Limited (MALEE) | $1.02 Billion | 30.22% | 1.95x | $69.06 Million |
| President Bakery Public Company Limited (PB) | $3.56 Billion | 23.97% | 0.34x | $673.25 Million |
About GFPT Public Company Limited
GFPT Public Company Limited, together with its subsidiaries, produces and distributes frozen and cooked chicken products in Thailand. The company engages in the evisceration chicken, parent chickens farm and chick distribution, and processed food production and distribution activities; boiler, breeder, and grandparent chicken farming activities; and production and distribution of feed mill for va… Read more