Italian-Thai Development Public Company Limited (ITD) - Net Assets

Latest as of September 2025: ฿9.22 Billion THB ≈ $287.50 Million USD

Based on the latest financial reports, Italian-Thai Development Public Company Limited (ITD) has net assets worth ฿9.22 Billion THB (≈ $287.50 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿91.24 Billion ≈ $2.84 Billion USD) and total liabilities (฿82.02 Billion ≈ $2.56 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 ITD asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿9.22 Billion
% of Total Assets	10.11%
Annual Growth Rate	3.46%
5-Year Change	-68.81%
10-Year Change	-66.95%
Growth Volatility	34.74

Italian-Thai Development Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Italian-Thai Development Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore ITD asset base for the complete picture of this company's asset base.

Annual Net Assets for Italian-Thai Development Public Company Limited (2000–2024)

The table below shows the annual net assets of Italian-Thai Development Public Company Limited from 2000 to 2024. For live valuation and market cap data, see ITD company net worth.

Year	Net Assets	Change
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	--

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 1213877900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	฿5.28 Billion	695.13%
Other Comprehensive Income	฿502.69 Million	66.18%
Other Components	฿7.12 Billion	936.84%
Total Equity	฿759.55 Million	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
Bayview Acquisition Corp Class A Ordinary Shares NASDAQ:BAYA	$41.14 Million
Cypress Technology Co Ltd TWO:3541	$41.17 Million
First Graphene Ltd F:M11	$41.18 Million
Lite Strategy, Inc. NASDAQ:LITS	$41.20 Million
Aligned Genetics Inc KQ:238120	$41.11 Million
Touchstone Exploration Inc TO:TXP	$41.11 Million
Apex Equity Holdings Bhd KLSE:5088	$41.02 Million
eHealth Inc NASDAQ:EHTH	$41.02 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 2023 to 2024, total equity changed from 6,901,681,000 to 759,554,000, a change of -6,142,127,000 (-89.0%).
Net loss of 5,775,852,000 reduced equity.
Dividend payments of 51,292,000 reduced retained earnings.
Other factors decreased equity by 314,983,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿-5.78 Billion	-760.43%
Dividends Paid	฿51.29 Million	-6.75%
Other Changes	฿-314.98 Million	-41.47%
Total Change	฿-	-88.99%

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: 1.74x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.09x to 1.74x 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	฿0.25	x
2003-12-31	฿2.67	฿0.25	x
2004-12-31	฿2.95	฿0.25	x
2005-12-31	฿3.89	฿0.25	x
2006-12-31	฿3.33	฿0.25	x
2007-12-31	฿3.60	฿0.25	x
2008-12-31	฿2.70	฿0.25	x
2009-12-31	฿2.43	฿0.25	x
2010-12-31	฿2.48	฿0.25	x
2011-12-31	฿1.84	฿0.25	x
2012-12-31	฿2.00	฿0.25	x
2013-12-31	฿2.60	฿0.25	x
2014-12-31	฿2.86	฿0.25	x
2015-12-31	฿2.52	฿0.25	x
2016-12-31	฿2.46	฿0.25	x
2017-12-31	฿2.50	฿0.25	x
2018-12-31	฿2.61	฿0.25	x
2019-12-31	฿2.49	฿0.25	x
2020-12-31	฿2.47	฿0.25	x
2021-12-31	฿2.54	฿0.25	x
2022-12-31	฿1.54	฿0.25	x
2023-12-31	฿1.31	฿0.25	x
2024-12-31	฿0.14	฿0.25	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): -760.43%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -8.17%
• Asset Turnover: 0.61x
• Equity Multiplier: 151.87x
Recent ROE (-760.43%) is below the historical average (-34.56%), suggesting potential challenges in 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

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: $4,281,768,709
Average return on equity (ROE) among peers: -4.85%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Italian-Thai Development Public Company Limited (ITD)	฿9.22 Billion	67.66%	8.89x	$41.14 Million
Asia Precision Public Company Limited (APCS)	$1.70 Billion	13.02%	0.70x	$28.80 Million
CH. Karnchang PCL (CK)	$2.95 Billion	0.00%	4.00x	$890.38 Million
CH. Karnchang Public Company Limited (CK-R)	$27.81 Billion	6.39%	1.97x	$874.67 Million
Christiani & Nielsen (Thai) Public Company Limited (CNT)	$962.87 Million	14.14%	1.76x	$32.68 Million
Chiangmai Rimdoi Public Company Limited (CRD)	$281.94 Million	-27.02%	2.02x	$4.83 Million
Demco Public Company Limited (DEMCO)	$3.59 Billion	-15.33%	0.79x	$51.03 Million
EMC Public Company Limited (EMC)	$916.22 Million	3.70%	2.17x	$11.75 Million
Floyd Public Company Limited (FLOYD)	$45.87 Million	24.77%	3.63x	$15.65 Million
Hydrotek Public Company Limited (HYDRO)	$280.51 Million	-63.33%	1.38x	$25.79 Million

About Italian-Thai Development Public Company Limited

BK:ITD Thailand Engineering & Construction

Market Cap

$41.14 Million

฿1.32 Billion THB

Market Cap Rank

#22597 Global

#395 in Thailand

Share Price

฿0.25

Change (1 day)

-3.85%

52-Week Range

฿0.19 - ฿0.44

All Time High

฿8.87