IROYAL_INTERROYAL ENGINEERING
Interroyal Engineering Public Company Limited provides integrated power, renewable energy, and business solutions. The company's power plant solutions include soot blowers and heating elements for combustion systems and boilers; electrostatic precipitators, industrial fans, steel grinding balls, rubber liners, mist eliminators, slurry pumps, propeller stirrers, and dewatering systems for waste an… Read more
IROYAL_INTERROYAL ENGINEERING (IROYAL) - Net Assets
Latest net assets as of June 2024: ฿112.13 Million THB
Based on the latest financial reports, IROYAL_INTERROYAL ENGINEERING (IROYAL) has net assets worth ฿112.13 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿154.70 Million) and total liabilities (฿42.57 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 | ฿112.13 Million |
| % of Total Assets | 72.48% |
| Annual Growth Rate | 19.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
IROYAL_INTERROYAL ENGINEERING - Net Assets Trend (2022–2023)
This chart illustrates how IROYAL_INTERROYAL ENGINEERING's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IROYAL_INTERROYAL ENGINEERING (2022–2023)
The table below shows the annual net assets of IROYAL_INTERROYAL ENGINEERING from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿162.09 Million | +19.94% |
| 2022-12-31 | ฿135.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IROYAL_INTERROYAL ENGINEERING'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 54.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿67.13 Million | 41.41% |
| Other Components | ฿94.96 Million | 58.59% |
| Total Equity | ฿162.09 Million | 100.00% |
IROYAL_INTERROYAL ENGINEERING Competitors by Market Cap
The table below lists competitors of IROYAL_INTERROYAL ENGINEERING ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Willamette Valley Vineyards Inc
NASDAQ:WVVI
|
$10.79 Million |
|
Neptis
WAR:YAN
|
$10.79 Million |
|
Fantasma Games AB
ST:FAGA
|
$10.81 Million |
|
Janison Education Group Ltd
AU:JAN
|
$10.81 Million |
|
TWL Holdings Bhd
KLSE:7079
|
$10.79 Million |
|
TVI Pacific Inc
PINK:TVIPF
|
$10.78 Million |
|
Barrister Energy LLC
PINK:CJAX
|
$10.78 Million |
|
Shinhung
KO:004080
|
$10.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IROYAL_INTERROYAL ENGINEERING's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 135,138,550 to 162,088,542, a change of 26,949,992 (19.9%).
- Net income of 72,220,392 contributed positively to equity growth.
- Dividend payments of 45,270,400 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿72.22 Million | +44.56% |
| Dividends Paid | ฿45.27 Million | -27.93% |
| Total Change | ฿- | 19.94% |
Book Value vs Market Value Analysis
This analysis compares IROYAL_INTERROYAL ENGINEERING'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: 8.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.87x to 8.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ฿0.59 | ฿5.80 | x |
| 2023-12-31 | ฿0.70 | ฿5.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IROYAL_INTERROYAL ENGINEERING 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): 44.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.88%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 1.22x
- Recent ROE (44.56%) is above the historical average (30.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 15.85% | 18.71% | 0.67x | 1.27x | ฿7.91 Million |
| 2023 | 44.56% | 25.88% | 1.41x | 1.22x | ฿56.01 Million |
Industry Comparison
This section compares IROYAL_INTERROYAL ENGINEERING's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $395,956,179
- Average return on equity (ROE) among peers: 19.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IROYAL_INTERROYAL ENGINEERING (IROYAL) | ฿112.13 Million | 15.85% | 0.38x | $10.79 Million |
| Getabec Public Company Limited (GTB) | $635.11 Million | 6.80% | 0.66x | $5.09 Million |
| Kulthorn Kirby Public Company Limited (KKC) | $735.97 Million | 60.48% | 1.83x | $565.96K |
| Pioneer Motor Public Company Limited (PIMO) | $511.54 Million | 15.53% | 0.48x | $10.42 Million |
| Patkol Public Company Limited (PK) | $91.23 Million | 46.04% | 10.80x | $2.48 Million |
| Shrinkflex (Thailand) Public Company Limited (SFT) | $190.98 Million | 10.23% | 0.52x | $3.51 Million |
| Eureka Design Public Company Limited (UREKA) | $210.91 Million | -22.06% | 0.69x | $9.64 Million |