Grand Prix International Public Company Limited
Grand Prix International Public Company Limited provides space for motor show exhibition and automotive related products marketing and promotion services in Thailand. The company offers printing services; advertising media services in printing, television, and website, as well as distributes publishing's; and engages in other business activities. Grand Prix International Public Company Limited wa… Read more
Grand Prix International Public Company Limited (GPI) - Net Assets
Latest net assets as of September 2025: ฿792.09 Million THB
Based on the latest financial reports, Grand Prix International Public Company Limited (GPI) has net assets worth ฿792.09 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿902.69 Million) and total liabilities (฿110.61 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 | ฿792.09 Million |
| % of Total Assets | 87.75% |
| Annual Growth Rate | 10.38% |
| 5-Year Change | 0.11% |
| 10-Year Change | 163.18% |
| Growth Volatility | 27.43 |
Grand Prix International Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how Grand Prix International 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 Grand Prix International Public Company Limited (2014–2024)
The table below shows the annual net assets of Grand Prix International Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿749.10 Million | +1.71% |
| 2023-12-31 | ฿736.50 Million | +2.16% |
| 2022-12-31 | ฿720.92 Million | -1.48% |
| 2021-12-31 | ฿731.72 Million | -2.21% |
| 2020-12-31 | ฿748.27 Million | -3.74% |
| 2019-12-31 | ฿777.31 Million | -0.78% |
| 2018-12-31 | ฿783.43 Million | +5.60% |
| 2017-12-31 | ฿741.91 Million | +87.21% |
| 2016-12-31 | ฿396.30 Million | +39.23% |
| 2015-12-31 | ฿284.64 Million | +2.07% |
| 2014-12-31 | ฿278.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grand Prix International 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 12543610224.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿23.42 Million | 3.13% |
| Other Components | ฿725.68 Million | 96.87% |
| Total Equity | ฿749.10 Million | 100.00% |
Grand Prix International Public Company Limited Competitors by Market Cap
The table below lists competitors of Grand Prix International Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EBM Technologies Incorporated
TWO:8409
|
$11.27 Million |
|
Accentis
BR:ACCB
|
$11.27 Million |
|
Truworths International Ltd
JSE:TRU
|
$11.28 Million |
|
Pluri Inc.
NASDAQ:PLUR
|
$11.28 Million |
|
AMAYA Global Holdings Corp
PINK:AYAG
|
$11.26 Million |
|
Pacific Orient Bhd
KLSE:6009
|
$11.25 Million |
|
Transtouch Technology
TWO:3623
|
$11.25 Million |
|
Mint S.A.
LSE:0W8Y
|
$11.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grand Prix International Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 736,501,359 to 749,100,846, a change of 12,599,487 (1.7%).
- Net income of 108,476,566 contributed positively to equity growth.
- Dividend payments of 92,999,985 reduced retained earnings.
- New share issuances of 3,000 increased equity.
- Other comprehensive income increased equity by 279,956.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿108.48 Million | +14.48% |
| Dividends Paid | ฿93.00 Million | -12.41% |
| Share Issuances | ฿3.00K | +0.0% |
| Other Comprehensive Income | ฿279.96K | +0.04% |
| Other Changes | ฿-3.16 Million | -0.42% |
| Total Change | ฿- | 1.71% |
Book Value vs Market Value Analysis
This analysis compares Grand Prix International 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: 1.31x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.94x to 1.31x 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 | ฿0.56 | ฿1.64 | x |
| 2015-12-31 | ฿0.57 | ฿1.64 | x |
| 2016-12-31 | ฿0.79 | ฿1.64 | x |
| 2017-12-31 | ฿1.24 | ฿1.64 | x |
| 2018-12-31 | ฿1.31 | ฿1.64 | x |
| 2019-12-31 | ฿1.30 | ฿1.64 | x |
| 2020-12-31 | ฿1.25 | ฿1.64 | x |
| 2021-12-31 | ฿1.22 | ฿1.64 | x |
| 2022-12-31 | ฿1.20 | ฿1.64 | x |
| 2023-12-31 | ฿1.23 | ฿1.64 | x |
| 2024-12-31 | ฿1.25 | ฿1.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grand Prix International 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): 14.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.47%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.18x
- Recent ROE (14.48%) is below the historical average (19.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 49.45% | 17.88% | 1.10x | 2.51x | ฿110.01 Million |
| 2015 | 44.30% | 16.24% | 1.20x | 2.28x | ฿97.63 Million |
| 2016 | 30.18% | 15.89% | 1.05x | 1.81x | ฿79.97 Million |
| 2017 | 18.89% | 17.20% | 0.75x | 1.46x | ฿65.98 Million |
| 2018 | 16.79% | 17.97% | 0.73x | 1.28x | ฿53.17 Million |
| 2019 | 13.21% | 14.28% | 0.74x | 1.26x | ฿24.98 Million |
| 2020 | 4.56% | 6.69% | 0.63x | 1.09x | ฿-40.74 Million |
| 2021 | 4.21% | 6.19% | 0.63x | 1.08x | ฿-42.38 Million |
| 2022 | 5.16% | 6.45% | 0.72x | 1.11x | ฿-34.91 Million |
| 2023 | 10.73% | 12.59% | 0.72x | 1.19x | ฿5.40 Million |
| 2024 | 14.48% | 14.47% | 0.85x | 1.18x | ฿33.57 Million |
Industry Comparison
This section compares Grand Prix International Public Company Limited's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,801,654,177
- Average return on equity (ROE) among peers: 20.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grand Prix International Public Company Limited (GPI) | ฿792.09 Million | 49.45% | 0.14x | $11.26 Million |
| AddTech Hub Public Company Limited (ADD) | $25.41 Million | 103.83% | 1.76x | $6.70 Million |
| Aqua Corporation Public Company Limited (AQUA) | $846.18 Million | 3.69% | 0.23x | $10.21 Million |
| CMO Public Company Limited (CMO) | $500.06 Million | 10.58% | 1.31x | $4.35 Million |
| Far East Fame Line DDB Public Company Limited (FE) | $1.42 Billion | 5.35% | 0.25x | $9.47 Million |
| LTMH Public Company Limited (LTMH) | $80.09 Million | 38.93% | 0.63x | $1.35K |
| MCA_MARKET CONNECTIONS ASIA (MCA) | $85.03 Million | 3.22% | 0.63x | $2.36 Million |
| M Vision Public Company Limited (MVP) | $229.29 Million | 2.43% | 0.76x | $747.17K |
| Pico (Thailand) Public Company Limited (PICO) | $437.36 Million | 4.50% | 0.95x | $5.95 Million |
| Plan B Media PCL (PLANB) | $12.59 Billion | 8.78% | 0.55x | $234.75 Million |