Global Service Center Public Company Limited
Viserve Enterprise Public Company Limited, together with its subsidiaries, provides debt collection and call center services in Thailand. It also offers digital loans, platform and software, and property auction services for management. The company was formerly known as Global Service Center Public Company Limited and changed its name to Viserve Enterprise Public Company Limited. in October 2024.… Read more
Global Service Center Public Company Limited (GSC) - Net Assets
Latest net assets as of September 2024: ฿83.51 Million THB
Based on the latest financial reports, Global Service Center Public Company Limited (GSC) has net assets worth ฿83.51 Million THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿123.45 Million) and total liabilities (฿39.94 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 | ฿83.51 Million |
| % of Total Assets | 67.65% |
| Annual Growth Rate | N/A |
| 5-Year Change | -52.68% |
| 10-Year Change | N/A |
| Growth Volatility | 74.92 |
Global Service Center Public Company Limited - Net Assets Trend (2014–2023)
This chart illustrates how Global Service Center 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 Global Service Center Public Company Limited (2014–2023)
The table below shows the annual net assets of Global Service Center Public Company Limited from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿109.79 Million | -55.98% |
| 2022-12-31 | ฿249.41 Million | +18.70% |
| 2021-12-31 | ฿210.12 Million | -5.76% |
| 2020-12-31 | ฿222.96 Million | -3.91% |
| 2019-12-31 | ฿232.04 Million | +171.64% |
| 2018-12-31 | ฿85.42 Million | -6.64% |
| 2017-12-31 | ฿91.49 Million | +98.61% |
| 2016-12-31 | ฿46.07 Million | +131.50% |
| 2015-12-31 | ฿19.90 Million | +155.07% |
| 2014-12-31 | ฿-36.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Service Center 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 7370013200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿125.00 Million | 114.61% |
| Other Comprehensive Income | ฿1.41 Million | 1.29% |
| Other Components | ฿102.49 Million | 93.97% |
| Total Equity | ฿109.07 Million | 100.00% |
Global Service Center Public Company Limited Competitors by Market Cap
The table below lists competitors of Global Service Center Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Metro Realty Tbk
JK:MTSM
|
$1.36 Million |
|
Asia Brands Bhd
KLSE:7722
|
$1.36 Million |
|
SKAGEN Kon-Tiki A
CO:SKIKON
|
$1.36 Million |
|
City Lodge Hotels Ltd
JSE:CLH
|
$1.36 Million |
|
Galore Resources Inc
OTCQB:GALOF
|
$1.36 Million |
|
Alerio Gold Corp
PINK:ALEEF
|
$1.36 Million |
|
Golden Share Resources Corp
V:GSH
|
$1.36 Million |
|
Seremban Engineering Bhd
KLSE:5163
|
$1.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Service Center Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 225,832,306 to 109,069,204, a change of -116,763,102 (-51.7%).
- Net loss of 117,703,817 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-117.70 Million | -107.92% |
| Other Changes | ฿940.72K | +0.86% |
| Total Change | ฿- | -51.70% |
Book Value vs Market Value Analysis
This analysis compares Global Service Center 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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿-1.81 | ฿0.58 | x |
| 2015-12-31 | ฿0.08 | ฿0.58 | x |
| 2016-12-31 | ฿0.18 | ฿0.58 | x |
| 2017-12-31 | ฿0.37 | ฿0.58 | x |
| 2018-12-31 | ฿0.53 | ฿0.58 | x |
| 2019-12-31 | ฿0.99 | ฿0.58 | x |
| 2020-12-31 | ฿0.89 | ฿0.58 | x |
| 2021-12-31 | ฿0.84 | ฿0.58 | x |
| 2022-12-31 | ฿0.90 | ฿0.58 | x |
| 2023-12-31 | ฿0.44 | ฿0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Service Center 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): -107.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -82.97%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.22x
- Recent ROE (-107.92%) is below the historical average (1.75%), 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 | 0.00% | -9.74% | 1.44x | 0.00x | ฿-4.47 Million |
| 2015 | 23.01% | 4.33% | 2.47x | 2.15x | ฿2.59 Million |
| 2016 | 54.04% | 18.39% | 2.48x | 1.19x | ฿20.29 Million |
| 2017 | 28.59% | 17.26% | 1.47x | 1.13x | ฿17.01 Million |
| 2018 | 16.31% | 9.05% | 1.51x | 1.20x | ฿5.39 Million |
| 2019 | 5.30% | 8.60% | 0.58x | 1.07x | ฿-10.90 Million |
| 2020 | -3.62% | -7.88% | 0.40x | 1.15x | ฿-30.36 Million |
| 2021 | -7.44% | -17.76% | 0.37x | 1.14x | ฿-36.65 Million |
| 2022 | 9.19% | 17.99% | 0.39x | 1.31x | ฿-1.82 Million |
| 2023 | -107.92% | -82.97% | 1.07x | 1.22x | ฿-128.61 Million |
Industry Comparison
This section compares Global Service Center Public Company Limited's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $477,688,112
- Average return on equity (ROE) among peers: 9.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Service Center Public Company Limited (GSC) | ฿83.51 Million | 0.00% | 0.48x | $1.36 Million |
| ARIP Public Company Limited (ARIP) | $213.40 Million | 2.44% | 0.21x | $2.18 Million |
| Eastern Power Group Public Company Limited (EP) | $673.40 Million | 17.93% | 0.15x | $8.74 Million |
| Kingsmen C.M.T.I. Public Company Limited (K) | $401.04 Million | 13.35% | 0.62x | $4.03 Million |
| NICE CALL PUBLIC COMPANY LIMITED (NCP) | $88.13 Million | 22.94% | 0.33x | $1.57 Million |
| PEER FOR YOU PUBLIC COMPANY LIMITED (PEER) | $563.01 Million | -8.68% | 0.24x | $2.06 Million |
| Qualitech Public Company Limited (QLT) | $448.28 Million | 23.14% | 0.20x | $2.93 Million |
| Salee Printing Public Company Limited (SLP) | $850.51 Million | 7.14% | 0.15x | $3.61 Million |
| T.K.S. Technologies Public Company Limited (TKS) | $838.45 Million | 7.54% | 2.04x | $50.05 Million |
| VS_VISERVE ENTERPRISE (VS) | $222.96 Million | -3.62% | 0.15x | $824.65K |