i-Tail Corp. PCL
i-Tail Corporation Public Company Limited, together with its subsidiaries, manufactures, imports, and distributes pet food products in Thailand, Asia, Oceania, the United States, Europe, and internationally. It operates in two segments: Pet Food and Other Businesses. The company offers wet and dry food products for cats and dogs; dog and cat treats; kidney-friendly cat and dog foods; and wet cat … Read more
i-Tail Corp. PCL (ITC) - Net Assets
Latest net assets as of December 2025: ฿23.83 Billion THB
Based on the latest financial reports, i-Tail Corp. PCL (ITC) has net assets worth ฿23.83 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿26.97 Billion) and total liabilities (฿3.15 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 | ฿23.83 Billion |
| % of Total Assets | 88.33% |
| Annual Growth Rate | 32.12% |
| 5-Year Change | 450.07% |
| 10-Year Change | N/A |
| Growth Volatility | 145.92 |
i-Tail Corp. PCL - Net Assets Trend (2018–2025)
This chart illustrates how i-Tail Corp. PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for i-Tail Corp. PCL (2018–2025)
The table below shows the annual net assets of i-Tail Corp. PCL from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿23.83 Billion | -1.30% |
| 2024-12-31 | ฿24.14 Billion | +4.41% |
| 2023-12-31 | ฿23.12 Billion | +2.27% |
| 2022-12-31 | ฿22.61 Billion | +421.90% |
| 2021-12-31 | ฿4.33 Billion | +0.17% |
| 2020-12-31 | ฿4.32 Billion | +20.15% |
| 2019-12-31 | ฿3.60 Billion | +6.16% |
| 2018-12-31 | ฿3.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to i-Tail Corp. PCL'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 16.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.40 Billion | 10.08% |
| Other Components | ฿21.42 Billion | 89.92% |
| Total Equity | ฿23.83 Billion | 100.00% |
i-Tail Corp. PCL Competitors by Market Cap
The table below lists competitors of i-Tail Corp. PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gaonchips Co. Ltd.
KQ:399720
|
$238.62 Million |
|
Arko Corp
NASDAQ:ARKO
|
$238.69 Million |
|
Critical Metals Corp. Warrants
NASDAQ:CRMLW
|
$238.75 Million |
|
Actron Technology
TWO:8255
|
$238.78 Million |
|
FBD Holdings plc
PINK:FBDHF
|
$238.49 Million |
|
Huuuge Inc.
WAR:HUG
|
$238.29 Million |
|
Alltek Technology Corp
TW:3209
|
$238.27 Million |
|
2UH0
F:2UH0
|
$238.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in i-Tail Corp. PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,138,421,000 to 23,825,679,000, a change of -312,742,000 (-1.3%).
- Net income of 2,977,918,000 contributed positively to equity growth.
- Dividend payments of 3,449,708,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿2.98 Billion | +12.5% |
| Dividends Paid | ฿3.45 Billion | -14.48% |
| Other Changes | ฿159.05 Million | +0.67% |
| Total Change | ฿- | -1.30% |
Book Value vs Market Value Analysis
This analysis compares i-Tail Corp. PCL'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: 1.80x
- 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 12.67x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ฿1.13 | ฿14.30 | x |
| 2019-12-31 | ฿1.20 | ฿14.30 | x |
| 2020-12-31 | ฿1.51 | ฿14.30 | x |
| 2021-12-31 | ฿1.44 | ฿14.30 | x |
| 2022-12-31 | ฿7.54 | ฿14.30 | x |
| 2023-12-31 | ฿7.71 | ฿14.30 | x |
| 2024-12-31 | ฿8.05 | ฿14.30 | x |
| 2025-12-31 | ฿7.94 | ฿14.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently i-Tail Corp. PCL 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): 12.50%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.34%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.13x
- Recent ROE (12.50%) is below the historical average (18.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 22.64% | 6.59% | 1.33x | 2.58x | ฿428.31 Million |
| 2019 | 29.86% | 9.19% | 1.28x | 2.54x | ฿713.32 Million |
| 2020 | 23.86% | 15.51% | 0.67x | 2.29x | ฿626.75 Million |
| 2021 | 16.03% | 9.76% | 0.48x | 3.45x | ฿261.05 Million |
| 2022 | 19.77% | 19.84% | 0.87x | 1.14x | ฿2.21 Billion |
| 2023 | 9.87% | 14.65% | 0.61x | 1.10x | ฿-30.45 Million |
| 2024 | 14.90% | 20.29% | 0.66x | 1.12x | ฿1.18 Billion |
| 2025 | 12.50% | 16.34% | 0.68x | 1.13x | ฿595.35 Million |
Industry Comparison
This section compares i-Tail Corp. PCL's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,744,237,767
- Average return on equity (ROE) among peers: 12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| i-Tail Corp. PCL (ITC) | ฿23.83 Billion | 22.64% | 0.13x | $238.51 Million |
| Asian Alliance International PCL (AAI) | $4.88 Billion | 7.84% | 0.15x | $43.65 Million |
| ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) | $237.14 Million | 5.48% | 0.40x | $9.36 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $3.50 Billion | 23.39% | 0.78x | $49.87 Million |
| Bioscience Animal Health PCL (BIS) | $790.50 Million | 6.41% | 0.55x | $4.82 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $2.07 Billion | 0.95% | 1.32x | $8.09 Million |
| Chin Huay PCL (CH) | $1.37 Billion | 9.31% | 0.40x | $13.66 Million |
| CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED (CHAO) | $597.83 Million | 27.03% | 0.46x | $12.59 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.39 Billion | 14.18% | 0.11x | $3.48 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.37 Billion | 7.17% | 0.11x | $6.08 Million |
| Thai Coconut Public Company Limited (COCOCO) | $1.24 Billion | 19.55% | 1.47x | $49.18 Million |