Jasmine International Public Company Limited (JAS-R) - Net Assets
Based on the latest financial reports, Jasmine International Public Company Limited (JAS-R) has net assets worth ฿10.17 Billion THB (≈ $317.08 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿16.83 Billion ≈ $524.46 Million USD) and total liabilities (฿6.65 Billion ≈ $207.39 Million 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 JAS-R financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿10.17 Billion |
| % of Total Assets | 60.46% |
| Annual Growth Rate | -0.95% |
| 5-Year Change | 110.7% |
| 10-Year Change | N/A |
| Growth Volatility | 124.91 |
Jasmine International Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Jasmine International Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore JAS-R total assets for the complete picture of this company's asset base.
Annual Net Assets for Jasmine International Public Company Limited (2016–2024)
The table below shows the annual net assets of Jasmine International Public Company Limited from 2016 to 2024. For live valuation and market cap data, see Jasmine International Public Company Lim (JAS-R) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿10.44 Billion ≈ $325.49 Million |
-35.69% |
| 2023-12-31 | ฿16.24 Billion ≈ $506.09 Million |
+353.36% |
| 2022-12-31 | ฿3.58 Billion ≈ $111.63 Million |
-36.05% |
| 2021-12-31 | ฿5.60 Billion ≈ $174.56 Million |
+13.00% |
| 2020-12-31 | ฿4.96 Billion ≈ $154.48 Million |
-76.60% |
| 2019-12-31 | ฿21.18 Billion ≈ $660.29 Million |
+15.28% |
| 2018-12-31 | ฿18.38 Billion ≈ $572.77 Million |
+25.62% |
| 2017-12-31 | ฿14.63 Billion ≈ $455.96 Million |
+29.83% |
| 2016-12-31 | ฿11.27 Billion ≈ $351.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jasmine International 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 91.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿473.59 Million | 5.10% |
| Other Components | ฿8.81 Billion | 94.90% |
| Total Equity | ฿9.28 Billion | 100.00% |
Jasmine International Public Company Limited Competitors by Market Cap
The table below lists competitors of Jasmine International Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bandwidth Inc
NASDAQ:BAND
|
$413.87 Million |
|
Guangdong Jushen Logistics Co Ltd
SHE:001202
|
$413.93 Million |
|
Nbond Nonwovens
SHG:603238
|
$414.04 Million |
|
Linzhou Heavy Machinery Group Co Ltd
SHE:002535
|
$414.11 Million |
|
China Bicycle Co Holdings Ltd
SHE:000017
|
$413.48 Million |
|
Testa Residencial SOCIMI S.A.
MC:YTST
|
$413.45 Million |
|
National Fertilizers Limited
NSE:NFL
|
$413.35 Million |
|
Hefei Changqing Machinery Co Ltd
SHG:603768
|
$413.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jasmine International Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,149,267,361 to 9,284,123,733, a change of -5,865,143,628 (-38.7%).
- Net income of 493,785,580 contributed positively to equity growth.
- Dividend payments of 6,343,495 reduced retained earnings.
- Share repurchases of 1,503,731,830 reduced equity.
- Other factors decreased equity by 4,848,853,883.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿493.79 Million | +5.32% |
| Dividends Paid | ฿6.34 Million | -0.07% |
| Share Repurchases | ฿1.50 Billion | -16.2% |
| Other Changes | ฿-4.85 Billion | -52.23% |
| Total Change | ฿- | -38.72% |
Book Value vs Market Value Analysis
This analysis compares Jasmine International 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: 1.43x
- 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 0.79x to 1.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ฿2.04 | ฿1.60 | x |
| 2018-12-31 | ฿2.17 | ฿1.60 | x |
| 2019-12-31 | ฿2.47 | ฿1.60 | x |
| 2020-12-31 | ฿0.46 | ฿1.60 | x |
| 2021-12-31 | ฿0.52 | ฿1.60 | x |
| 2022-12-31 | ฿0.29 | ฿1.60 | x |
| 2023-12-31 | ฿1.76 | ฿1.60 | x |
| 2024-12-31 | ฿1.12 | ฿1.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jasmine International 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): 5.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.24%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.53x
- Recent ROE (5.32%) is below the historical average (5.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 29.32% | 19.22% | 0.33x | 4.65x | ฿1.98 Billion |
| 2017 | 19.83% | 15.45% | 0.34x | 3.72x | ฿1.33 Billion |
| 2018 | 28.35% | 27.30% | 0.34x | 3.05x | ฿3.18 Billion |
| 2019 | 36.05% | 39.97% | 0.26x | 3.47x | ฿5.25 Billion |
| 2020 | -79.85% | -16.75% | 0.19x | 25.48x | ฿-3.52 Billion |
| 2021 | -33.83% | -7.78% | 0.20x | 21.56x | ฿-1.94 Billion |
| 2022 | -82.73% | -10.30% | 0.22x | 35.94x | ฿-2.27 Billion |
| 2023 | 130.95% | 893.34% | 0.10x | 1.53x | ฿18.32 Billion |
| 2024 | 5.32% | 15.24% | 0.23x | 1.53x | ฿-434.63 Million |
Industry Comparison
This section compares Jasmine International Public Company Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $14,578,510,828
- Average return on equity (ROE) among peers: 16.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jasmine International Public Company Limited (JAS-R) | ฿10.17 Billion | 29.32% | 0.65x | $413.53 Million |
| Advanced Info Service Public Company Limited (ADVANC) | $28.12 Billion | 23.46% | 1.10x | $31.52 Billion |
| Forth Smart Service Public Company Limited (FSMART) | $1.15 Billion | 40.39% | 2.01x | $157.28 Million |
| Information and Communication Networks Public Company Limited (ICN) | $519.05 Million | 16.33% | 0.65x | $38.76 Million |
| Interlink Telecom Public Company Limited (ITEL) | $325.02 Million | 9.43% | 6.48x | $74.18 Million |
| Jasmine International Public Company Limited (JAS) | $21.18 Billion | 34.29% | 2.30x | $292.06 Million |
| Jasmine Telecom Systems Public Company Limited (JTS) | $1.07 Billion | -4.09% | 0.54x | $909.27 Million |
| Samart Telcoms Public Company Limited (SAMTEL) | $1.20 Billion | 20.69% | 2.35x | $75.89 Million |
| Symphony Communication Public Company Limited (SYMC) | $2.43 Billion | 3.92% | 0.74x | $56.23 Million |
| True Corporation Public Company Limited (TRUE) | $75.21 Billion | 5.87% | 2.76x | $14.75 Billion |
About Jasmine International Public Company Limited
Jasmine International Public Company Limited, through its subsidiaries, engages in telecommunications, media, and technology businesses in Thailand. It operates in three segments: Internet TV; Digital Asset and Technology Solution; and Other. The company offers content for internet protocol television; satellite telecommunications; internet and international calling card; online movie and interne… Read more