Ichitan Group Public Company Limited

BK:ICHI-R Thailand Beverages - Non-Alcoholic
Market Cap
$461.14 Million
฿15.99 Billion THB
Market Cap Rank
#14044 Global
#86 in Thailand
Share Price
฿12.30
Change (1 day)
+0.82%
52-Week Range
฿9.75 - ฿12.70
All Time High
฿15.90
Categories
Companies in Thailand Beverages - Non-Alcoholic
About

Ichitan Group Public Company Limited, together with its subsidiary, Ichitan Power Co., Ltd., engages in the manufacture and sale of beverages in Thailand and internationally. The company offers ready-to-drink green tea under the ICHITAN green tea brand; herbal drink under the Yen Yen by ICHITAN brand; green tea with chewy cube of coconut under the ICHITAN Chew Chew brand; and fruit juices and jel… Read more

Ichitan Group Public Company Limited (ICHI-R) - Net Assets

Latest net assets as of June 2025: ฿5.71 Billion THB

Based on the latest financial reports, Ichitan Group Public Company Limited (ICHI-R) has net assets worth ฿5.71 Billion THB as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿7.11 Billion) and total liabilities (฿1.40 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 ฿5.71 Billion
% of Total Assets 80.31%
Annual Growth Rate N/A
5-Year Change -9.04%
10-Year Change -5.33%
Growth Volatility 62.01

Ichitan Group Public Company Limited - Net Assets Trend (2011–2024)

This chart illustrates how Ichitan Group 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 Ichitan Group Public Company Limited (2011–2024)

The table below shows the annual net assets of Ichitan Group Public Company Limited from 2011 to 2024.

Year Net Assets Change
2024-12-31 ฿5.71 Billion -2.23%
2023-12-31 ฿5.84 Billion -5.32%
2022-12-31 ฿6.17 Billion -0.34%
2021-12-31 ฿6.19 Billion -1.40%
2020-12-31 ฿6.28 Billion +0.94%
2019-12-31 ฿6.22 Billion +5.69%
2018-12-31 ฿5.89 Billion -2.82%
2017-12-31 ฿6.06 Billion +5.30%
2016-12-31 ฿5.75 Billion -4.66%
2015-12-31 ฿6.03 Billion -2.62%
2014-12-31 ฿6.19 Billion +214.73%
2013-12-31 ฿1.97 Billion +83.29%
2012-12-31 ฿1.07 Billion +1699.55%
2011-12-31 ฿-67.14 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ichitan Group 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 144123776100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿774.10 Million 13.55%
Other Components ฿4.94 Billion 86.45%
Total Equity ฿5.71 Billion 100.00%

Ichitan Group Public Company Limited Competitors by Market Cap

The table below lists competitors of Ichitan Group Public Company Limited ranked by their market capitalization.

Company Market Cap
Hoang Anh Gia Lai Agricultural JSC
VN:HNG
 		$240.20 Million
Fujian Sanmu Group Co Ltd
SHE:000632
 		$240.23 Million
Radiant Logistics Inc
NYSE MKT:RLGT
 		$240.28 Million
PNC Infratech Limited
NSE:PNCINFRA
 		$240.32 Million
Vedant Fashions Limited
NSE:MANYAVAR
 		$240.16 Million
Atlas Consolidated Mining and Development Corporation
PINK:ACMDY
 		$240.13 Million
John Marshall Bancorp Inc
NASDAQ:JMSB
 		$240.07 Million
Round One Corporation
MU:RDN
 		$239.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ichitan Group Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,841,510,467 to 5,711,152,060, a change of -130,358,407 (-2.2%).
  • Net income of 1,306,264,949 contributed positively to equity growth.
  • Dividend payments of 1,430,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 128,251,964.
  • Other factors increased equity by 121,628,608.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿1.31 Billion +22.87%
Dividends Paid ฿1.43 Billion -25.04%
Other Comprehensive Income ฿-128.25 Million -2.25%
Other Changes ฿121.63 Million +2.13%
Total Change ฿- -2.23%

Book Value vs Market Value Analysis

This analysis compares Ichitan Group 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: 2.80x
  • 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 14.89x to 2.80x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 ฿0.83 ฿12.30 x
2013-12-31 ฿1.51 ฿12.30 x
2014-12-31 ฿5.11 ฿12.30 x
2015-12-31 ฿4.64 ฿12.30 x
2016-12-31 ฿4.42 ฿12.30 x
2017-12-31 ฿4.66 ฿12.30 x
2018-12-31 ฿4.53 ฿12.30 x
2019-12-31 ฿4.78 ฿12.30 x
2020-12-31 ฿4.83 ฿12.30 x
2021-12-31 ฿4.76 ฿12.30 x
2022-12-31 ฿4.75 ฿12.30 x
2023-12-31 ฿4.49 ฿12.30 x
2024-12-31 ฿4.39 ฿12.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ichitan Group 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): 22.87%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.20%
  • • Asset Turnover: 1.21x
  • • Equity Multiplier: 1.24x
  • Recent ROE (22.87%) is above the historical average (17.60%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 64.97% 17.86% 0.73x 5.00x ฿590.33 Million
2013 44.89% 13.63% 0.99x 3.32x ฿686.82 Million
2014 17.41% 17.46% 0.69x 1.45x ฿459.27 Million
2015 13.47% 12.82% 0.72x 1.47x ฿209.50 Million
2016 6.41% 6.90% 0.62x 1.50x ฿-206.64 Million
2017 5.20% 5.54% 0.66x 1.42x ฿-290.52 Million
2018 0.74% 0.84% 0.64x 1.39x ฿-544.71 Million
2019 6.55% 7.64% 0.69x 1.24x ฿-214.58 Million
2020 8.21% 10.11% 0.69x 1.18x ฿-112.33 Million
2021 8.83% 10.46% 0.74x 1.15x ฿-72.33 Million
2022 10.40% 10.12% 0.86x 1.20x ฿24.64 Million
2023 18.84% 13.67% 1.12x 1.23x ฿516.27 Million
2024 22.87% 15.20% 1.21x 1.24x ฿735.15 Million

Industry Comparison

This section compares Ichitan Group Public Company Limited's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.

Industry Context

  • Industry: Beverages - Non-Alcoholic
  • Average net assets among peers: $3,099,138,169
  • Average return on equity (ROE) among peers: 30.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ichitan Group Public Company Limited (ICHI-R) ฿5.71 Billion 64.97% 0.25x $240.16 Million
Carabao Group Public Company Limited (CBG-R) $7.10 Billion 20.98% 0.38x $487.33 Million
OSOTSPA PCL-NVDR (OSP-R) $3.44 Billion 82.39% 3.42x $870.97 Million
Royal Plus PCL (PLUS) $207.10 Million 0.63% 2.62x $9.73 Million
Sappe Public Company Limited (SAPPE) $1.56 Billion 23.17% 0.34x $67.50 Million
Sermsuk Public Company Limited (SSC) $8.45 Billion -3.61% 0.40x $131.25 Million
T.A.C. Consumer Public Company Limited (TACC) $44.62 Million 58.03% 4.26x $72.94 Million
Tipco Foods Public Company Limited (TIPCO) $899.00 Million 31.07% 1.67x $12.02 Million