I2 Enterprise Public Company Limited
I2 Enterprise Public Company Limited, a system integrator, provides information and communications technology solutions for government agencies, state enterprises, and private sectors in Thailand. The company offers digital transformation solutions comprising enterprise content management, big data solutions, electronic workflow management systems, and enterprise performance management. It also p… Read more
I2 Enterprise Public Company Limited (I2) - Net Assets
Latest net assets as of December 2025: ฿639.45 Million THB
Based on the latest financial reports, I2 Enterprise Public Company Limited (I2) has net assets worth ฿639.45 Million THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.79 Billion) and total liabilities (฿1.15 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 | ฿639.45 Million |
| % of Total Assets | 35.69% |
| Annual Growth Rate | 31.43% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 61.06 |
I2 Enterprise Public Company Limited - Net Assets Trend (2021–2025)
This chart illustrates how I2 Enterprise 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 I2 Enterprise Public Company Limited (2021–2025)
The table below shows the annual net assets of I2 Enterprise Public Company Limited from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿639.45 Million | -1.47% |
| 2024-12-31 | ฿649.02 Million | +4.94% |
| 2023-12-31 | ฿618.47 Million | +146.97% |
| 2022-12-31 | ฿250.43 Million | +16.87% |
| 2021-12-31 | ฿214.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to I2 Enterprise 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 9.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿106.48 Million | 16.86% |
| Other Components | ฿525.01 Million | 83.14% |
| Total Equity | ฿631.49 Million | 100.00% |
I2 Enterprise Public Company Limited Competitors by Market Cap
The table below lists competitors of I2 Enterprise Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cover Technologies Inc
PINK:MGPRF
|
$1.98 Million |
|
Bluechiip Ltd
AU:BCT
|
$1.98 Million |
|
Xin Hwa Holdings Bhd
KLSE:5267
|
$1.98 Million |
|
Castle Minerals Ltd
AU:CDT
|
$1.98 Million |
|
Argent BioPharma Limited
PINK:RGTLF
|
$1.98 Million |
|
CDRL SA
WAR:CDL
|
$1.98 Million |
|
AMD Industries Limited
NSE:AMDIND
|
$1.98 Million |
|
H2 Ventures 1 Inc.
V:HO-P
|
$1.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in I2 Enterprise Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 649,054,505 to 631,492,691, a change of -17,561,814 (-2.7%).
- Net income of 13,406,755 contributed positively to equity growth.
- Dividend payments of 29,399,594 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿13.41 Million | +2.12% |
| Dividends Paid | ฿29.40 Million | -4.66% |
| Other Changes | ฿-1.57 Million | -0.25% |
| Total Change | ฿- | -2.71% |
Book Value vs Market Value Analysis
This analysis compares I2 Enterprise 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: 0.45x
- 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 1.31x to 0.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ฿0.51 | ฿0.67 | x |
| 2022-12-31 | ฿0.60 | ฿0.67 | x |
| 2023-12-31 | ฿1.47 | ฿0.67 | x |
| 2024-12-31 | ฿1.55 | ฿0.67 | x |
| 2025-12-31 | ฿1.50 | ฿0.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently I2 Enterprise 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): 2.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.66%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.84x
- Recent ROE (2.12%) is below the historical average (16.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 37.60% | 5.91% | 2.27x | 2.80x | ฿59.13 Million |
| 2022 | 17.96% | 4.81% | 1.15x | 3.26x | ฿19.94 Million |
| 2023 | 13.80% | 6.01% | 0.70x | 3.30x | ฿23.50 Million |
| 2024 | 9.11% | 4.34% | 0.65x | 3.22x | ฿-5.77 Million |
| 2025 | 2.12% | 1.66% | 0.45x | 2.84x | ฿-49.74 Million |
Industry Comparison
This section compares I2 Enterprise Public Company Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,025,508,992
- Average return on equity (ROE) among peers: 16.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| I2 Enterprise Public Company Limited (I2) | ฿639.45 Million | 37.60% | 1.80x | $1.98 Million |
| Advanced Information Technology Public Company Limited (AIT) | $2.93 Billion | 13.48% | 1.20x | $109.65 Million |
| Beryl 8 Plus Public Company Limited (BE8) | $78.06 Million | 30.29% | 2.57x | $10.83 Million |
| Ditto (Thailand) Public Company Limited (DITTO) | $261.38 Million | 21.53% | 1.58x | $133.67 Million |
| DITTO (THAILAND) (DITTO-R) | $2.46 Billion | 13.61% | 0.36x | $174.47 Million |
| G-Able PCL (GABLE) | $2.01 Billion | 8.27% | 1.09x | $21.78 Million |
| I&I Group Public Company Limited (IIG) | $-21.04 Million | 0.00% | 0.00x | $3.22 Million |
| Infraset Public Company Limited (INSET) | $839.14 Million | 16.15% | 0.59x | $38.30 Million |
| International Research Corporation Public Company Limited (IRCP) | $489.44 Million | 27.29% | 1.68x | $3.46 Million |
| International Network System PCL (ITNS) | $188.33 Million | 17.30% | 0.40x | $3.47 Million |