Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition

BK:GROREIT Thailand REIT - Hotel & Motel
Market Cap
$73.58 Million
฿2.55 Billion THB
Market Cap Rank
#20948 Global
#214 in Thailand
Share Price
฿8.10
Change (1 day)
-0.61%
52-Week Range
฿7.05 - ฿8.60
All Time High
฿8.95
About

Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition operates in various business sectors.

Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition (GROREIT) - Net Assets

Latest net assets as of September 2025: ฿3.51 Billion THB

Based on the latest financial reports, Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition (GROREIT) has net assets worth ฿3.51 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 (฿5.01 Billion) and total liabilities (฿1.49 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 ฿3.51 Billion
% of Total Assets 70.15%
Annual Growth Rate 29.64%
5-Year Change 427.36%
10-Year Change N/A
Growth Volatility 159.97

Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition - Net Assets Trend (2019–2024)

This chart illustrates how Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition'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 Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition (2019–2024)

The table below shows the annual net assets of Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition from 2019 to 2024.

Year Net Assets Change
2024-12-31 ฿3.50 Billion +2.40%
2023-12-31 ฿3.42 Billion +2.08%
2022-12-31 ฿3.35 Billion +2.38%
2021-12-31 ฿3.27 Billion +392.75%
2020-12-31 ฿663.25 Million -30.52%
2019-12-31 ฿954.57 Million --

Equity Component Analysis

This analysis shows how different components contribute to Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition'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 62.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿347.72 Million 9.94%
Other Components ฿3.15 Billion 90.06%
Total Equity ฿3.50 Billion 100.00%

Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition Competitors by Market Cap

The table below lists competitors of Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,415,729,300 to 3,497,715,741, a change of 81,986,441 (2.4%).
  • Net income of 258,386,441 contributed positively to equity growth.
  • Dividend payments of 176,400,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿258.39 Million +7.39%
Dividends Paid ฿176.40 Million -5.04%
Other Changes ฿0.34 +0.0%
Total Change ฿- 2.40%

Book Value vs Market Value Analysis

This analysis compares Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition'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: 0.73x
  • 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
2018-12-31 ฿0.00 ฿8.10 x
2019-12-31 ฿3.03 ฿8.10 x
2020-12-31 ฿2.11 ฿8.10 x
2021-12-31 ฿10.38 ฿8.10 x
2022-12-31 ฿10.62 ฿8.10 x
2023-12-31 ฿10.84 ฿8.10 x
2024-12-31 ฿11.10 ฿8.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition 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): 7.39%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 73.60%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.43x
  • Recent ROE (7.39%) is above the historical average (4.62%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 14.92% 18.44% 0.00x 0.00x ฿57.39 Million
2019 15.44% 15.06% 0.80x 1.28x ฿51.91 Million
2020 -23.32% -64.07% 0.26x 1.38x ฿-220.97 Million
2021 2.75% 57.58% 0.03x 1.50x ฿-237.07 Million
2022 7.70% 76.00% 0.07x 1.48x ฿-77.12 Million
2023 7.48% 74.16% 0.07x 1.44x ฿-86.14 Million
2024 7.39% 73.60% 0.07x 1.43x ฿-91.39 Million

Industry Comparison

This section compares Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition's net assets metrics with peer companies in the REIT - Hotel & Motel industry.

Industry Context

  • Industry: REIT - Hotel & Motel
  • Average net assets among peers: $3,899,225,006
  • Average return on equity (ROE) among peers: 6.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Grande Royal Orchid Hospitality Real Estate Investment Trust with Buy-Back Condition (GROREIT) ฿3.51 Billion 14.92% 0.43x $53.22 Million
Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT) $3.73 Billion 4.83% 0.18x $43.53 Million
Grande Hospitality Real Estate Investment Trust (GAHREIT) $1.86 Billion 5.73% 0.05x $14.89 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