GMM Grammy Public Company Limited
GMM Grammy Public Company Limited, together with its subsidiaries, engages in the music, satellite television (TV), digital TV, movies, home shopping, and co-investment in other businesses in Thailand. It operates through three segments: Music, Media, and Others. The Music segment engages in music business and operates showbiz under GMM SHOW name. The Media segment comprises of digital TV busines… Read more
GMM Grammy Public Company Limited (GRAMMY) - Net Assets
Latest net assets as of September 2025: ฿4.67 Billion THB
Based on the latest financial reports, GMM Grammy Public Company Limited (GRAMMY) has net assets worth ฿4.67 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 (฿8.76 Billion) and total liabilities (฿4.10 Billion). 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 | ฿4.67 Billion |
| % of Total Assets | 53.25% |
| Annual Growth Rate | 1.4% |
| 5-Year Change | 385.48% |
| 10-Year Change | 128.65% |
| Growth Volatility | 45.9 |
GMM Grammy Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how GMM Grammy 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 GMM Grammy Public Company Limited (2000–2024)
The table below shows the annual net assets of GMM Grammy Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.65 Billion | +205.28% |
| 2023-12-31 | ฿1.52 Billion | -7.01% |
| 2022-12-31 | ฿1.64 Billion | +10.51% |
| 2021-12-31 | ฿1.48 Billion | +54.76% |
| 2020-12-31 | ฿957.82 Million | -28.03% |
| 2019-12-31 | ฿1.33 Billion | +16.36% |
| 2018-12-31 | ฿1.14 Billion | +3.30% |
| 2017-12-31 | ฿1.11 Billion | -24.59% |
| 2016-12-31 | ฿1.47 Billion | -27.79% |
| 2015-12-31 | ฿2.03 Billion | -50.19% |
| 2014-12-31 | ฿4.08 Billion | +2.67% |
| 2013-12-31 | ฿3.98 Billion | +3.20% |
| 2012-12-31 | ฿3.85 Billion | +5.78% |
| 2011-12-31 | ฿3.64 Billion | -4.52% |
| 2010-12-31 | ฿3.82 Billion | +9.46% |
| 2009-12-31 | ฿3.49 Billion | -5.16% |
| 2008-12-31 | ฿3.68 Billion | +0.75% |
| 2007-12-31 | ฿3.65 Billion | +0.94% |
| 2006-12-31 | ฿3.61 Billion | +0.50% |
| 2005-12-31 | ฿3.60 Billion | -0.43% |
| 2004-12-31 | ฿3.61 Billion | +7.12% |
| 2003-12-31 | ฿3.37 Billion | -16.31% |
| 2002-12-31 | ฿4.03 Billion | +32.80% |
| 2001-12-31 | ฿3.03 Billion | -8.82% |
| 2000-12-31 | ฿3.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GMM Grammy 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 decreased by 81.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿238.05 Million | 5.43% |
| Common Stock | ฿819.95 Million | 18.69% |
| Other Comprehensive Income | ฿81.99 Million | 1.87% |
| Other Components | ฿3.25 Billion | 74.01% |
| Total Equity | ฿4.39 Billion | 100.00% |
GMM Grammy Public Company Limited Competitors by Market Cap
The table below lists competitors of GMM Grammy Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Herald Holdings Limited
STU:HH3
|
$19.80 Million |
|
Sýn hf
IC:SYN
|
$19.81 Million |
|
Wisr Ltd
AU:WZR
|
$19.82 Million |
|
Mico BioMed Co. Ltd.
KQ:214610
|
$19.82 Million |
|
CleanTech Lithium Plc
OTCQX:CTLHF
|
$19.80 Million |
|
HY Electronic Cayman Ltd
TW:6573
|
$19.79 Million |
|
KOC METALURJI
IS:KOCMT
|
$19.79 Million |
|
Berjaya Food Bhd
KLSE:5196
|
$19.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GMM Grammy Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,405,968,398 to 4,386,034,373, a change of 2,980,065,975 (212.0%).
- Net income of 195,570,915 contributed positively to equity growth.
- Other comprehensive income increased equity by 45,490,445.
- Other factors increased equity by 2,739,004,615.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿195.57 Million | +4.46% |
| Other Comprehensive Income | ฿45.49 Million | +1.04% |
| Other Changes | ฿2.74 Billion | +62.45% |
| Total Change | ฿- | 211.96% |
Book Value vs Market Value Analysis
This analysis compares GMM Grammy 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: 0.69x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | ฿5.66 | ฿3.74 | x |
| 2002-12-31 | ฿7.61 | ฿3.74 | x |
| 2003-12-31 | ฿5.90 | ฿3.74 | x |
| 2004-12-31 | ฿6.11 | ฿3.74 | x |
| 2005-12-31 | ฿5.66 | ฿3.74 | x |
| 2006-12-31 | ฿6.96 | ฿3.74 | x |
| 2007-12-31 | ฿5.66 | ฿3.74 | x |
| 2008-12-31 | ฿5.66 | ฿3.74 | x |
| 2009-12-31 | ฿5.29 | ฿3.74 | x |
| 2010-12-31 | ฿5.62 | ฿3.74 | x |
| 2011-12-31 | ฿5.16 | ฿3.74 | x |
| 2012-12-31 | ฿5.62 | ฿3.74 | x |
| 2013-12-31 | ฿5.39 | ฿3.74 | x |
| 2014-12-31 | ฿4.77 | ฿3.74 | x |
| 2015-12-31 | ฿2.22 | ฿3.74 | x |
| 2016-12-31 | ฿1.59 | ฿3.74 | x |
| 2017-12-31 | ฿1.16 | ฿3.74 | x |
| 2018-12-31 | ฿1.18 | ฿3.74 | x |
| 2019-12-31 | ฿1.43 | ฿3.74 | x |
| 2020-12-31 | ฿1.01 | ฿3.74 | x |
| 2021-12-31 | ฿1.67 | ฿3.74 | x |
| 2022-12-31 | ฿1.87 | ฿3.74 | x |
| 2023-12-31 | ฿1.70 | ฿3.74 | x |
| 2024-12-31 | ฿5.38 | ฿3.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GMM Grammy 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): 4.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.17%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.88x
- Recent ROE (4.46%) is above the historical average (-1.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.60% | 8.81% | 0.86x | 1.27x | ฿-13.07 Million |
| 2001 | 6.60% | 4.35% | 1.12x | 1.36x | ฿-103.09 Million |
| 2002 | 16.49% | 11.61% | 0.98x | 1.46x | ฿261.41 Million |
| 2003 | 16.99% | 8.77% | 1.19x | 1.63x | ฿216.04 Million |
| 2004 | 21.85% | 10.50% | 1.13x | 1.84x | ฿379.80 Million |
| 2005 | 6.93% | 3.22% | 0.88x | 2.44x | ฿-90.20 Million |
| 2006 | 5.78% | 3.25% | 0.96x | 1.84x | ฿-152.62 Million |
| 2007 | 16.83% | 6.86% | 1.09x | 2.25x | ฿203.77 Million |
| 2008 | 27.89% | 10.60% | 1.15x | 2.30x | ฿531.03 Million |
| 2009 | 17.12% | 6.29% | 1.17x | 2.32x | ฿212.37 Million |
| 2010 | 16.42% | 6.10% | 1.13x | 2.37x | ฿204.59 Million |
| 2011 | 21.35% | 6.87% | 1.07x | 2.91x | ฿332.51 Million |
| 2012 | -11.61% | -3.04% | 1.01x | 3.78x | ฿-646.65 Million |
| 2013 | -42.12% | -12.08% | 0.84x | 4.14x | ฿-1.59 Billion |
| 2014 | -73.65% | -23.56% | 0.61x | 5.09x | ฿-2.63 Billion |
| 2015 | -62.86% | -13.32% | 1.13x | 4.17x | ฿-1.33 Billion |
| 2016 | -39.94% | -7.13% | 1.01x | 5.57x | ฿-650.37 Million |
| 2017 | -40.46% | -5.06% | 2.02x | 3.96x | ฿-479.25 Million |
| 2018 | 1.59% | 0.22% | 1.87x | 3.79x | ฿-81.50 Million |
| 2019 | 29.24% | 5.18% | 1.80x | 3.14x | ฿224.94 Million |
| 2020 | -18.07% | -3.01% | 1.17x | 5.12x | ฿-232.44 Million |
| 2021 | 36.41% | 12.96% | 0.76x | 3.70x | ฿360.58 Million |
| 2022 | 10.87% | 3.19% | 0.85x | 4.03x | ฿13.31 Million |
| 2023 | -9.43% | -2.24% | 0.95x | 4.46x | ฿-273.16 Million |
| 2024 | 4.46% | 3.17% | 0.75x | 1.88x | ฿-243.03 Million |
Industry Comparison
This section compares GMM Grammy Public Company Limited's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,043,096,836
- Average return on equity (ROE) among peers: 4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GMM Grammy Public Company Limited (GRAMMY) | ฿4.67 Billion | 9.60% | 0.88x | $19.80 Million |
| Matching Maximize Solution Public Company Limited (MATCH) | $731.11 Million | -6.62% | 0.48x | $3.19 Million |
| Mono Next Public Company Limited (MONO) | $3.09 Billion | 16.20% | 0.09x | $42.64 Million |
| RS Public Company Limited (RS-R) | $955.98 Million | -45.31% | 0.95x | $58.53 Million |
| TV Thunder Public Company Limited (TVT) | $264.00 Million | 10.85% | 0.47x | $1.99 Million |
| Workpoint Entertainment Public Company Limited (WORK) | $1.20 Billion | 27.21% | 0.24x | $14.37 Million |
| Yggdrazil Group Public Company Limited (YGG) | $595.73 Million | 20.50% | 0.08x | $3.12 Million |
| ZALEKTA PUBLIC COMPANY LIMITED (ZAA) | $458.68 Million | 5.44% | 0.36x | $5.25 Million |