Italian-Thai Development Public Company Limited (ITD) - Net Assets
Based on the latest financial reports, Italian-Thai Development Public Company Limited (ITD) has net assets worth ฿3.50 Billion THB (≈ $108.95 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿84.97 Billion ≈ $2.65 Billion USD) and total liabilities (฿81.48 Billion ≈ $2.54 Billion USD). 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. Check how strategically is Italian-Thai Development Public Company 's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿3.50 Billion |
| % of Total Assets | 4.11% |
| Annual Growth Rate | 2.0% |
| 5-Year Change | -78.45% |
| 10-Year Change | -75.61% |
| Growth Volatility | 34.27 |
Italian-Thai Development Public Company Limited - Net Assets Trend (2000–2025)
This chart illustrates how Italian-Thai Development Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Italian-Thai Development Public Company worth.
Annual Net Assets for Italian-Thai Development Public Company Limited (2000–2025)
The table below shows the annual net assets of Italian-Thai Development Public Company Limited from 2000 to 2025. Also explore Italian-Thai Development Public Company (ITD) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿3.50 Billion ≈ $108.95 Million |
-27.44% |
| 2024-12-31 | ฿4.82 Billion ≈ $150.15 Million |
-53.53% |
| 2023-12-31 | ฿10.37 Billion ≈ $323.13 Million |
-5.85% |
| 2022-12-31 | ฿11.01 Billion ≈ $343.20 Million |
-32.13% |
| 2021-12-31 | ฿16.22 Billion ≈ $505.66 Million |
+5.05% |
| 2020-12-31 | ฿15.44 Billion ≈ $481.37 Million |
-1.52% |
| 2019-12-31 | ฿15.68 Billion ≈ $488.80 Million |
-4.79% |
| 2018-12-31 | ฿16.47 Billion ≈ $513.37 Million |
+11.49% |
| 2017-12-31 | ฿14.77 Billion ≈ $460.45 Million |
+3.06% |
| 2016-12-31 | ฿14.33 Billion ≈ $446.76 Million |
-1.67% |
| 2015-12-31 | ฿14.58 Billion ≈ $454.34 Million |
-5.50% |
| 2014-12-31 | ฿15.43 Billion ≈ $480.79 Million |
+24.56% |
| 2013-12-31 | ฿12.38 Billion ≈ $385.98 Million |
+30.14% |
| 2012-12-31 | ฿9.52 Billion ≈ $296.59 Million |
+7.13% |
| 2011-12-31 | ฿8.88 Billion ≈ $276.86 Million |
-23.77% |
| 2010-12-31 | ฿11.65 Billion ≈ $363.16 Million |
+1.49% |
| 2009-12-31 | ฿11.48 Billion ≈ $357.84 Million |
-9.56% |
| 2008-12-31 | ฿12.69 Billion ≈ $395.68 Million |
-24.51% |
| 2007-12-31 | ฿16.82 Billion ≈ $524.18 Million |
+12.25% |
| 2006-12-31 | ฿14.98 Billion ≈ $466.98 Million |
-12.75% |
| 2005-12-31 | ฿17.17 Billion ≈ $535.21 Million |
+47.39% |
| 2004-12-31 | ฿11.65 Billion ≈ $363.12 Million |
+10.88% |
| 2003-12-31 | ฿10.51 Billion ≈ $327.49 Million |
+11.53% |
| 2002-12-31 | ฿9.42 Billion ≈ $293.65 Million |
+1277.13% |
| 2001-12-31 | ฿-800.35 Million ≈ $-24.95 Million |
-137.57% |
| 2000-12-31 | ฿2.13 Billion ≈ $66.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Italian-Thai Development 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 1061323900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿13.87 Billion | 425.59% |
| Total Equity | ฿3.26 Billion | 100.00% |
Italian-Thai Development Public Company Limited Competitors by Market Cap
The table below lists competitors of Italian-Thai Development Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RedcapTour Co. Ltd
KQ:038390
|
$55.96 Million |
|
ClimateRock Class A Ordinary Shares
NASDAQ:CLRC
|
$55.97 Million |
|
Fy Grp Ltd
TW:6807
|
$55.97 Million |
|
Widepoint C
NYSE MKT:WYY
|
$55.98 Million |
|
Kraft Bank Asa
OL:KRAB
|
$55.92 Million |
|
Tunas Alfin Tbk
JK:TALF
|
$55.91 Million |
|
Reliance Securities Tbk
JK:RELI
|
$55.90 Million |
|
UIL Co. Ltd
KQ:049520
|
$55.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Italian-Thai Development Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 759,554,000 to 3,259,695,000, a change of 2,500,141,000 (329.2%).
- Net income of 1,783,292,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 502,693,000.
- Other factors increased equity by 1,219,542,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.78 Billion | +54.71% |
| Other Comprehensive Income | ฿-502.69 Million | -15.42% |
| Other Changes | ฿1.22 Billion | +37.41% |
| Total Change | ฿- | 329.16% |
Book Value vs Market Value Analysis
This analysis compares Italian-Thai Development 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: 0.55x
- 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 increased from 0.12x to 0.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ฿2.81 | ฿0.34 | x |
| 2003-12-31 | ฿2.67 | ฿0.34 | x |
| 2004-12-31 | ฿2.95 | ฿0.34 | x |
| 2005-12-31 | ฿3.89 | ฿0.34 | x |
| 2006-12-31 | ฿3.33 | ฿0.34 | x |
| 2007-12-31 | ฿3.60 | ฿0.34 | x |
| 2008-12-31 | ฿2.70 | ฿0.34 | x |
| 2009-12-31 | ฿2.43 | ฿0.34 | x |
| 2010-12-31 | ฿2.48 | ฿0.34 | x |
| 2011-12-31 | ฿1.84 | ฿0.34 | x |
| 2012-12-31 | ฿2.00 | ฿0.34 | x |
| 2013-12-31 | ฿2.60 | ฿0.34 | x |
| 2014-12-31 | ฿2.86 | ฿0.34 | x |
| 2015-12-31 | ฿2.52 | ฿0.34 | x |
| 2016-12-31 | ฿2.46 | ฿0.34 | x |
| 2017-12-31 | ฿2.50 | ฿0.34 | x |
| 2018-12-31 | ฿2.61 | ฿0.34 | x |
| 2019-12-31 | ฿2.49 | ฿0.34 | x |
| 2020-12-31 | ฿2.47 | ฿0.34 | x |
| 2021-12-31 | ฿2.54 | ฿0.34 | x |
| 2022-12-31 | ฿1.54 | ฿0.34 | x |
| 2023-12-31 | ฿1.31 | ฿0.34 | x |
| 2024-12-31 | ฿0.14 | ฿0.34 | x |
| 2025-12-31 | ฿0.62 | ฿0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Italian-Thai Development 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): 54.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.97%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 26.07x
- Recent ROE (54.71%) is above the historical average (-30.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 67.66% | 29.57% | 0.89x | 2.58x | ฿5.40 Billion |
| 2003 | 8.84% | 5.02% | 0.72x | 2.43x | ฿-121.01 Million |
| 2004 | 10.58% | 3.92% | 0.86x | 3.14x | ฿66.91 Million |
| 2005 | 7.47% | 3.24% | 0.92x | 2.51x | ฿-427.06 Million |
| 2006 | -14.69% | -5.30% | 0.80x | 3.47x | ฿-3.61 Billion |
| 2007 | 6.41% | 2.17% | 0.88x | 3.36x | ฿-565.99 Million |
| 2008 | -22.64% | -6.25% | 0.75x | 4.84x | ฿-3.86 Billion |
| 2009 | -16.66% | -4.47% | 0.74x | 5.07x | ฿-2.84 Billion |
| 2010 | 2.74% | 0.83% | 0.71x | 4.68x | ฿-788.70 Million |
| 2011 | -21.08% | -3.84% | 0.84x | 6.51x | ฿-2.50 Billion |
| 2012 | 1.44% | 0.27% | 0.79x | 6.70x | ฿-747.54 Million |
| 2013 | 7.85% | 2.07% | 0.67x | 5.64x | ฿-248.04 Million |
| 2014 | 3.71% | 1.09% | 0.65x | 5.25x | ฿-883.80 Million |
| 2015 | -2.72% | -0.71% | 0.66x | 5.86x | ฿-1.69 Billion |
| 2016 | -0.84% | -0.23% | 0.61x | 6.02x | ฿-1.41 Billion |
| 2017 | 3.12% | 0.75% | 0.63x | 6.64x | ฿-909.93 Million |
| 2018 | 2.21% | 0.50% | 0.62x | 7.10x | ฿-1.07 Billion |
| 2019 | 0.66% | 0.14% | 0.60x | 7.90x | ฿-1.23 Billion |
| 2020 | -8.66% | -2.09% | 0.50x | 8.28x | ฿-2.43 Billion |
| 2021 | 0.70% | 0.16% | 0.52x | 8.45x | ฿-1.25 Billion |
| 2022 | -55.12% | -6.67% | 0.58x | 14.27x | ฿-5.29 Billion |
| 2023 | -15.54% | -1.68% | 0.54x | 16.97x | ฿-1.76 Billion |
| 2024 | -760.43% | -8.17% | 0.61x | 151.87x | ฿-5.85 Billion |
| 2025 | 54.71% | 4.97% | 0.42x | 26.07x | ฿1.46 Billion |
Industry Comparison
This section compares Italian-Thai Development Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $4,277,584,045
- Average return on equity (ROE) among peers: -140.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Italian-Thai Development Public Company Limited (ITD) | ฿3.50 Billion | 67.66% | 23.31x | $55.95 Million |
| Asia Precision Public Company Limited (APCS) | $1.14 Billion | -0.66% | 0.25x | $29.83 Million |
| CH. Karnchang PCL (CK) | $4.80 Billion | -25.26% | 5.31x | $932.28 Million |
| CH. Karnchang Public Company Limited (CK-R) | $26.01 Billion | 5.77% | 2.72x | $874.67 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.13 Billion | 13.53% | 1.76x | $102.52 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $448.03 Million | -4.96% | 1.14x | $7.32 Million |
| Demco Public Company Limited (DEMCO) | $4.35 Billion | 2.32% | 0.60x | $83.64 Million |
| EMC Public Company Limited (EMC) | $124.79 Million | -1080.65% | 13.46x | $7.84 Million |
| Floyd Public Company Limited (FLOYD) | $429.43 Million | 7.65% | 0.18x | $15.65 Million |
| Hydrotek Public Company Limited (HYDRO) | $70.52 Million | -185.11% | 5.64x | $3.26 Million |
About Italian-Thai Development Public Company Limited
Italian-Thai Development Public Company Limited, together with its subsidiaries, engages in the construction business in Thailand, Bangladesh, and internationally. The company provides construction support services; soil and coal extraction and removal services; and foundation and piling work services. It also manufactures, distributes, and sells concrete products, cement, and steel pipes; manufa… Read more