Jay Mart Public Company Limited (JMART) - Net Assets

Latest as of December 2025: ฿32.72 Billion THB ≈ $1.02 Billion USD

Based on the latest financial reports, Jay Mart Public Company Limited (JMART) has net assets worth ฿32.72 Billion THB (≈ $1.02 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿56.09 Billion ≈ $1.75 Billion USD) and total liabilities (฿23.37 Billion ≈ $728.45 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 Jay Mart Public Company Limited (JMART) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿32.72 Billion
% of Total Assets	58.33%
Annual Growth Rate	26.52%
5-Year Change	21.98%
10-Year Change	720.02%
Growth Volatility	89.36

Jay Mart Public Company Limited - Net Assets Trend (2006–2025)

This chart illustrates how Jay Mart Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore JMART total assets for the complete picture of this company's asset base.

Annual Net Assets for Jay Mart Public Company Limited (2006–2025)

The table below shows the annual net assets of Jay Mart Public Company Limited from 2006 to 2025. For live valuation and market cap data, see Jay Mart Public Company Limited stock valuation.

Year	Net Assets	Change
2025-12-31	฿32.72 Billion ≈ $1.02 Billion	-4.09%
2024-12-31	฿34.11 Billion ≈ $1.06 Billion	+4.24%
2023-12-31	฿32.73 Billion ≈ $1.02 Billion	+6.32%
2022-12-31	฿30.78 Billion ≈ $959.43 Million	+14.76%
2021-12-31	฿26.82 Billion ≈ $836.04 Million	+296.42%
2020-12-31	฿6.77 Billion ≈ $210.90 Million	+29.31%
2019-12-31	฿5.23 Billion ≈ $163.09 Million	+11.22%
2018-12-31	฿4.70 Billion ≈ $146.63 Million	+0.88%
2017-12-31	฿4.66 Billion ≈ $145.36 Million	+16.88%
2016-12-31	฿3.99 Billion ≈ $124.36 Million	+5.60%
2015-12-31	฿3.78 Billion ≈ $117.77 Million	+80.00%
2014-12-31	฿2.10 Billion ≈ $65.43 Million	+9.55%
2013-12-31	฿1.92 Billion ≈ $59.72 Million	+10.51%
2012-12-31	฿1.73 Billion ≈ $54.04 Million	+157.50%
2011-12-31	฿673.33 Million ≈ $20.99 Million	+9.02%
2010-12-31	฿617.64 Million ≈ $19.25 Million	+5.47%
2009-12-31	฿585.60 Million ≈ $18.25 Million	+267.12%
2008-12-31	฿-350.41 Million ≈ $-10.92 Million	-187.44%
2007-12-31	฿400.74 Million ≈ $12.49 Million	+6.94%
2006-12-31	฿374.73 Million ≈ $11.68 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Jay Mart 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 28.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿106.58 Million	0.59%
Other Components	฿17.89 Billion	99.41%
Total Equity	฿17.99 Billion	100.00%

Jay Mart Public Company Limited Competitors by Market Cap

The table below lists competitors of Jay Mart Public Company Limited ranked by their market capitalization.

Company	Market Cap
Wuhan Golden Laser Co Ltd SHE:300220	$321.70 Million
Denny’s Corp NASDAQ:DENN	$321.87 Million
Chung Hwa Chemical Industrial Works Ltd TW:1727	$321.90 Million
Krakatau Steel Persero Tbk JK:KRAS	$321.95 Million
Sophia Genetics SA NASDAQ:SOPH	$321.60 Million
Goody Science & Technology Co Ltd SHE:002694	$321.59 Million
Peach Property Group AG SW:PEAN	$321.55 Million
Hana Financial 7 SPAC KQ:230240	$321.48 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jay Mart Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 19,323,382,161 to 17,993,376,927, a change of -1,330,005,234 (-6.9%).
Net loss of 161,838,873 reduced equity.
Dividend payments of 526,984,720 reduced retained earnings.
Other comprehensive income decreased equity by 284,851,877.
Other factors decreased equity by 356,329,764.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-161.84 Million	-0.9%
Dividends Paid	฿526.98 Million	-2.93%
Other Comprehensive Income	฿-284.85 Million	-1.58%
Other Changes	฿-356.33 Million	-1.98%
Total Change	฿-	-6.88%

Book Value vs Market Value Analysis

This analysis compares Jay Mart 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: 0.57x
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 decreased from 9.56x to 0.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	฿0.74	฿7.05	x
2009-12-31	฿0.85	฿7.05	x
2010-12-31	฿0.79	฿7.05	x
2011-12-31	฿1.04	฿7.05	x
2012-12-31	฿1.97	฿7.05	x
2013-12-31	฿1.95	฿7.05	x
2014-12-31	฿2.24	฿7.05	x
2015-12-31	฿3.09	฿7.05	x
2016-12-31	฿3.34	฿7.05	x
2017-12-31	฿3.50	฿7.05	x
2018-12-31	฿3.14	฿7.05	x
2019-12-31	฿3.73	฿7.05	x
2020-12-31	฿4.00	฿7.05	x
2021-12-31	฿15.62	฿7.05	x
2022-12-31	฿12.93	฿7.05	x
2023-12-31	฿12.81	฿7.05	x
2024-12-31	฿13.24	฿7.05	x
2025-12-31	฿12.29	฿7.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jay Mart 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): -0.90%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.05%
• Asset Turnover: 0.27x
• Equity Multiplier: 3.12x
Recent ROE (-0.90%) is below the historical average (14.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	16.60%	1.14%	3.65x	4.00x	฿26.44 Million
2008	22.56%	1.83%	3.86x	3.19x	฿54.07 Million
2009	15.40%	1.81%	2.81x	3.03x	฿31.61 Million
2010	15.39%	1.85%	3.70x	2.25x	฿33.27 Million
2011	25.48%	2.90%	3.43x	2.56x	฿104.25 Million
2012	22.09%	4.39%	2.28x	2.20x	฿190.88 Million
2013	22.71%	4.14%	2.08x	2.64x	฿223.94 Million
2014	18.14%	3.91%	1.45x	3.21x	฿157.01 Million
2015	11.52%	3.39%	1.02x	3.34x	฿42.66 Million
2016	14.48%	4.10%	0.82x	4.30x	฿135.65 Million
2017	15.16%	3.88%	0.77x	5.08x	฿166.76 Million
2018	-9.74%	-2.21%	0.65x	6.83x	฿-561.63 Million
2019	23.43%	7.00%	0.56x	6.02x	฿454.61 Million
2020	34.61%	11.55%	0.43x	6.93x	฿920.28 Million
2021	14.29%	20.92%	0.26x	2.62x	฿741.15 Million
2022	13.79%	18.79%	0.25x	2.92x	฿718.39 Million
2023	-2.40%	-3.25%	0.22x	3.34x	฿-2.31 Billion
2024	5.90%	8.22%	0.23x	3.10x	฿-791.49 Million
2025	-0.90%	-1.05%	0.27x	3.12x	฿-1.96 Billion

Industry Comparison

This section compares Jay Mart Public Company Limited's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

Industry: Specialty Retail
Average net assets among peers: $2,271,635,273
Average return on equity (ROE) among peers: 13.72%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Jay Mart Public Company Limited (JMART)	฿32.72 Billion	16.60%	0.71x	$321.70 Million
Beauty Community Public Company Limited (BEAUTY)	$660.26 Million	-6.92%	0.27x	$34.53 Million
Big Camera Corporation Public Company Limited (BIG)	$1.72 Billion	5.77%	0.54x	$30.80 Million
Com7 PCL (COM7)	$7.25 Billion	41.89%	1.64x	$1.67 Billion
Com7 Public Company Limited (COM7-R)	$2.78 Billion	32.09%	1.73x	$1.85 Billion
PTG Energy PCL (PTG)	$3.19 Billion	9.79%	0.87x	$424.23 Million
RPCG Public Company Limited (RPC)	$1.13 Billion	-12.35%	1.60x	$14.64 Million
SE-Education Public Company Limited (SE-ED)	$383.11 Million	17.69%	0.85x	$20.16 Million
Singer Thailand Public Company Limited (SINGER-R)	$2.81 Billion	15.78%	2.29x	$176.57 Million
TWZ Corporation Public Company Limited (TWZ)	$525.36 Million	19.69%	0.95x	$6.19 Million

About Jay Mart Public Company Limited

BK:JMART Thailand Specialty Retail

Market Cap

$321.70 Million

฿10.32 Billion THB

Market Cap Rank

#14670 Global

#156 in Thailand

Share Price

฿7.05

Change (1 day)

-0.70%

52-Week Range

฿5.40 - ฿10.40

All Time High

฿59.20