Jasmine Broadband Internet
Jasmine Broadband Internet Infrastructure Fund specializes in infrastructure investments.
Jasmine Broadband Internet (JASIF) - Net Assets
Latest net assets as of December 2023: ฿67.21 Billion THB
Based on the latest financial reports, Jasmine Broadband Internet (JASIF) has net assets worth ฿67.21 Billion THB as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿80.41 Billion) and total liabilities (฿13.20 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 | ฿67.21 Billion |
| % of Total Assets | 83.58% |
| Annual Growth Rate | -6.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.12 |
Jasmine Broadband Internet - Net Assets Trend (2019–2023)
This chart illustrates how Jasmine Broadband Internet's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jasmine Broadband Internet (2019–2023)
The table below shows the annual net assets of Jasmine Broadband Internet from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿67.21 Billion | -21.07% |
| 2022-12-31 | ฿85.15 Billion | -4.35% |
| 2021-12-31 | ฿89.02 Billion | +0.48% |
| 2020-12-31 | ฿88.59 Billion | +1.82% |
| 2019-12-31 | ฿87.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jasmine Broadband Internet'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 179.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿75.40 Billion | 112.20% |
| Other Comprehensive Income | ฿75.40 Billion | 112.20% |
| Total Equity | ฿67.21 Billion | 100.00% |
Jasmine Broadband Internet Competitors by Market Cap
The table below lists competitors of Jasmine Broadband Internet ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Schnell Biopharmaceuticals Inc.
KQ:003060
|
$1.70K |
|
Paper Middle East (Simo)
EGX:SIMO
|
$1.70K |
|
MEWAH INTL
BE:MWX
|
$1.70K |
|
GAGE ROADS
BE:GRH
|
$1.70K |
|
RED HILL IRON
BE:R4I
|
$1.70K |
|
Leopard Energy, Inc.
PINK:LEEN
|
$1.70K |
|
TA YANG GROUP
BE:TAJ
|
$1.69K |
|
Dar Es Salaam Textile Mills Ltd
KAR:DSML
|
$1.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jasmine Broadband Internet's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 85,146,835,997 to 67,207,653,427, a change of -17,939,182,570 (-21.1%).
- Net loss of 11,139,182,570 reduced equity.
- Share repurchases of 1,280,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,280,000,000.
- Other factors decreased equity by 4,240,000,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-11.14 Billion | -16.57% |
| Share Repurchases | ฿1.28 Billion | -1.9% |
| Other Comprehensive Income | ฿-1.28 Billion | -1.9% |
| Other Changes | ฿-4.24 Billion | -6.31% |
| Total Change | ฿- | -21.07% |
Book Value vs Market Value Analysis
This analysis compares Jasmine Broadband Internet'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: 0.76x
- 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 0.58x to 0.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ฿10.88 | ฿6.35 | x |
| 2020-12-31 | ฿11.07 | ฿6.35 | x |
| 2021-12-31 | ฿11.13 | ฿6.35 | x |
| 2022-12-31 | ฿10.64 | ฿6.35 | x |
| 2023-12-31 | ฿8.40 | ฿6.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jasmine Broadband Internet 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): -16.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -117.07%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.20x
- Recent ROE (-16.57%) is below the historical average (3.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 12.32% | 167.47% | 0.06x | 1.22x | ฿2.02 Billion |
| 2020 | 10.27% | 89.47% | 0.10x | 1.18x | ฿242.00 Million |
| 2021 | 9.02% | 79.02% | 0.10x | 1.17x | ฿-872.13 Million |
| 2022 | 4.29% | 35.46% | 0.10x | 1.17x | ฿-4.86 Billion |
| 2023 | -16.57% | -117.07% | 0.12x | 1.20x | ฿-17.86 Billion |
Industry Comparison
This section compares Jasmine Broadband Internet's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jasmine Broadband Internet (JASIF) | ฿67.21 Billion | 12.32% | 0.20x | $1.70K |
| BURIRAM SUGAR GROUP POWER PLANT INFRASTRUCTURE FUND (BRRGIF) | $3.04 Billion | 0.08% | 0.00x | $974.43 |
| BTS Rail Mass Transit Growth (BTSGIF) | $39.93 Billion | 8.24% | 0.00x | $707.12 |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $-4.36 Billion | 0.00% | 0.00x | $55.23 Million |
| C.P. Tower Growth Leasehold Property Fund (CPTGF) | $10.14 Billion | 6.12% | 0.06x | $83.24 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $1.95 Billion | 5.90% | 0.00x | $31.56 Million |
| Digital Telecommunications Infrastructure Fund (DIF) | $172.10 Billion | 10.99% | 0.31x | $2.56K |
| North Bangkok Power Plant (EGATIF) | $18.88 Billion | 2.25% | 0.00x | $1.76K |
| Food and Drinks Public Company Limited (F&D) | $1.18 Billion | 0.79% | 0.36x | $1.80 Million |
| Future Park Leasehold Property Fund (FUTUREPF) | $5.95 Billion | -2.95% | 0.94x | $91.63 Million |
| GULF ENERGY DEVELOPMENT-NVDR (GULF-R) | $44.79 Billion | 6.76% | 1.76x | $6.05 Billion |