JD Food PCL
JD Food Public Company Limited produces and distributes food seasonings, sauces, fillings, and dehydrated food products in Thailand, China, South Korea, the United Kingdom, and internationally. The company offers seasonings for savory and sweet food products and instant soup powders, as well as Thai, western, and Asian style and other products; and coconut chips and dehydrated vegetables, meat, h… Read more
JD Food PCL (JDF) - Net Assets
Latest net assets as of December 2025: ฿790.65 Million THB
Based on the latest financial reports, JD Food PCL (JDF) has net assets worth ฿790.65 Million THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿925.08 Million) and total liabilities (฿134.42 Million). 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 | ฿790.65 Million |
| % of Total Assets | 85.47% |
| Annual Growth Rate | 12.8% |
| 5-Year Change | 187.05% |
| 10-Year Change | N/A |
| Growth Volatility | 50.13 |
JD Food PCL - Net Assets Trend (2017–2025)
This chart illustrates how JD Food 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 JD Food PCL (2017–2025)
The table below shows the annual net assets of JD Food PCL from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿790.65 Million | +4.90% |
| 2024-12-31 | ฿753.75 Million | +7.84% |
| 2023-12-31 | ฿698.93 Million | +4.50% |
| 2022-12-31 | ฿668.80 Million | +142.82% |
| 2021-12-31 | ฿275.44 Million | -40.75% |
| 2020-12-31 | ฿464.90 Million | +2.50% |
| 2019-12-31 | ฿453.55 Million | +9.34% |
| 2018-12-31 | ฿414.79 Million | +37.47% |
| 2017-12-31 | ฿301.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JD Food 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 40.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿157.48 Million | 19.92% |
| Other Components | ฿633.18 Million | 80.08% |
| Total Equity | ฿790.65 Million | 100.00% |
JD Food PCL Competitors by Market Cap
The table below lists competitors of JD Food PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Borgestad ASA
F:H460
|
$8.86 Million |
|
Berkah Beton Sadaya Tbk PT
JK:BEBS
|
$8.87 Million |
|
White Horse Bhd
KLSE:5009
|
$8.87 Million |
|
Copperwired Public Company Limited
BK:CPW
|
$8.87 Million |
|
Villar
TA:VILR
|
$8.86 Million |
|
Quartiers Properties AB
ST:QUART
|
$8.86 Million |
|
Elbit Imaging Ltd
PINK:EMITF
|
$8.86 Million |
|
Dala Energi AB
ST:DE
|
$8.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JD Food PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 753,752,871 to 790,654,776, a change of 36,901,905 (4.9%).
- Net income of 86,558,563 contributed positively to equity growth.
- Dividend payments of 47,989,089 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿86.56 Million | +10.95% |
| Dividends Paid | ฿47.99 Million | -6.07% |
| Other Changes | ฿-1.67 Million | -0.21% |
| Total Change | ฿- | 4.90% |
Book Value vs Market Value Analysis
This analysis compares JD Food 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: 1.53x
- 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 4.02x to 1.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ฿0.50 | ฿2.02 | x |
| 2018-12-31 | ฿0.69 | ฿2.02 | x |
| 2019-12-31 | ฿0.76 | ฿2.02 | x |
| 2020-12-31 | ฿0.77 | ฿2.02 | x |
| 2021-12-31 | ฿0.71 | ฿2.02 | x |
| 2022-12-31 | ฿1.19 | ฿2.02 | x |
| 2023-12-31 | ฿1.16 | ฿2.02 | x |
| 2024-12-31 | ฿1.26 | ฿2.02 | x |
| 2025-12-31 | ฿1.32 | ฿2.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JD Food 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): 10.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.80%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.17x
- Recent ROE (10.95%) is below the historical average (15.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 28.42% | 16.11% | 1.44x | 1.22x | ฿55.57 Million |
| 2018 | 28.47% | 18.37% | 1.18x | 1.32x | ฿76.60 Million |
| 2019 | 23.39% | 16.13% | 0.81x | 1.78x | ฿60.75 Million |
| 2020 | 12.30% | 9.82% | 0.65x | 1.92x | ฿10.71 Million |
| 2021 | 16.48% | 7.87% | 0.67x | 3.13x | ฿17.85 Million |
| 2022 | 1.78% | 2.07% | 0.65x | 1.32x | ฿-55.00 Million |
| 2023 | 6.05% | 6.70% | 0.75x | 1.21x | ฿-27.63 Million |
| 2024 | 10.58% | 12.11% | 0.76x | 1.14x | ฿4.37 Million |
| 2025 | 10.95% | 11.80% | 0.79x | 1.17x | ฿7.49 Million |
Industry Comparison
This section compares JD Food 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 |
|---|---|---|---|---|
| JD Food PCL (JDF) | ฿790.65 Million | 28.42% | 0.17x | $8.86 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 |