JMT Network Services Public Company Limited (JMT) - Net Assets
Based on the latest financial reports, JMT Network Services Public Company Limited (JMT) has net assets worth ฿27.92 Billion THB (≈ $870.14 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿37.91 Billion ≈ $1.18 Billion USD) and total liabilities (฿10.00 Billion ≈ $311.58 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 JMT asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿27.92 Billion |
| % of Total Assets | 73.63% |
| Annual Growth Rate | 43.76% |
| 5-Year Change | 46.33% |
| 10-Year Change | 1342.1% |
| Growth Volatility | 77.61 |
JMT Network Services Public Company Limited - Net Assets Trend (2010–2025)
This chart illustrates how JMT Network Services Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore JMT total assets for the complete picture of this company's asset base.
Annual Net Assets for JMT Network Services Public Company Limited (2010–2025)
The table below shows the annual net assets of JMT Network Services Public Company Limited from 2010 to 2025. For live valuation and market cap data, see JMT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿27.92 Billion ≈ $870.14 Million |
+0.97% |
| 2024-12-31 | ฿27.65 Billion ≈ $861.82 Million |
+1.25% |
| 2023-12-31 | ฿27.31 Billion ≈ $851.15 Million |
+18.27% |
| 2022-12-31 | ฿23.09 Billion ≈ $719.64 Million |
+21.02% |
| 2021-12-31 | ฿19.08 Billion ≈ $594.63 Million |
+231.52% |
| 2020-12-31 | ฿5.75 Billion ≈ $179.36 Million |
+67.61% |
| 2019-12-31 | ฿3.43 Billion ≈ $107.01 Million |
-0.97% |
| 2018-12-31 | ฿3.47 Billion ≈ $108.06 Million |
+49.10% |
| 2017-12-31 | ฿2.33 Billion ≈ $72.47 Million |
+20.11% |
| 2016-12-31 | ฿1.94 Billion ≈ $60.34 Million |
+16.01% |
| 2015-12-31 | ฿1.67 Billion ≈ $52.01 Million |
+144.76% |
| 2014-12-31 | ฿681.73 Million ≈ $21.25 Million |
+10.83% |
| 2013-12-31 | ฿615.11 Million ≈ $19.17 Million |
-0.80% |
| 2012-12-31 | ฿620.08 Million ≈ $19.33 Million |
+233.39% |
| 2011-12-31 | ฿185.99 Million ≈ $5.80 Million |
+54.26% |
| 2010-12-31 | ฿120.57 Million ≈ $3.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to JMT Network Services 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 grown by 7378.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿3.03 Billion | 11.19% |
| Other Components | ฿24.09 Billion | 88.81% |
| Total Equity | ฿27.12 Billion | 100.00% |
JMT Network Services Public Company Limited Competitors by Market Cap
The table below lists competitors of JMT Network Services Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sinyi Realty Inc
TW:9940
|
$455.01 Million |
|
Myoung Shin Industrial Co Ltd
KO:009900
|
$455.15 Million |
|
Torpol SA
WAR:TOR
|
$455.16 Million |
|
Corem Property Group AB (publ)
ST:CORE-B
|
$455.23 Million |
|
Linc AB
ST:LINC
|
$454.94 Million |
|
Gravity Co Ltd
NASDAQ:GRVY
|
$454.87 Million |
|
Bridge Investment Group Holdings Inc
NYSE:BRDG
|
$454.85 Million |
|
Guangdong Tianan New Material
SHG:603725
|
$454.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JMT Network Services Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,879,246,834 to 27,124,975,486, a change of 245,728,652 (0.9%).
- Net income of 1,029,559,808 contributed positively to equity growth.
- Dividend payments of 759,056,603 reduced retained earnings.
- Other comprehensive income decreased equity by 78,715,029.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.03 Billion | +3.8% |
| Dividends Paid | ฿759.06 Million | -2.8% |
| Other Comprehensive Income | ฿-78.72 Million | -0.29% |
| Other Changes | ฿53.94 Million | +0.2% |
| Total Change | ฿- | 0.91% |
Book Value vs Market Value Analysis
This analysis compares JMT Network Services 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: 0.54x
- 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 0.09x to 0.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿107.68 | ฿10.00 | x |
| 2011-12-31 | ฿73.82 | ฿10.00 | x |
| 2012-12-31 | ฿1.51 | ฿10.00 | x |
| 2013-12-31 | ฿0.98 | ฿10.00 | x |
| 2014-12-31 | ฿1.11 | ฿10.00 | x |
| 2015-12-31 | ฿2.38 | ฿10.00 | x |
| 2016-12-31 | ฿2.56 | ฿10.00 | x |
| 2017-12-31 | ฿2.86 | ฿10.00 | x |
| 2018-12-31 | ฿3.83 | ฿10.00 | x |
| 2019-12-31 | ฿3.74 | ฿10.00 | x |
| 2020-12-31 | ฿5.84 | ฿10.00 | x |
| 2021-12-31 | ฿17.08 | ฿10.00 | x |
| 2022-12-31 | ฿15.93 | ฿10.00 | x |
| 2023-12-31 | ฿18.18 | ฿10.00 | x |
| 2024-12-31 | ฿18.41 | ฿10.00 | x |
| 2025-12-31 | ฿18.58 | ฿10.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JMT Network Services 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): 3.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.44%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.40x
- Recent ROE (3.80%) is below the historical average (15.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 34.24% | 20.52% | 0.71x | 2.34x | ฿29.23 Million |
| 2011 | 35.99% | 20.69% | 0.76x | 2.29x | ฿48.34 Million |
| 2012 | 17.71% | 27.90% | 0.53x | 1.19x | ฿47.83 Million |
| 2013 | 12.21% | 20.72% | 0.40x | 1.49x | ฿13.57 Million |
| 2014 | 17.69% | 24.73% | 0.22x | 3.26x | ฿52.44 Million |
| 2015 | 5.67% | 13.16% | 0.19x | 2.24x | ฿-72.22 Million |
| 2016 | 15.00% | 27.30% | 0.26x | 2.15x | ฿96.82 Million |
| 2017 | 17.04% | 29.21% | 0.26x | 2.26x | ฿163.61 Million |
| 2018 | 14.89% | 27.05% | 0.22x | 2.46x | ฿165.96 Million |
| 2019 | 20.07% | 26.99% | 0.25x | 2.99x | ฿341.81 Million |
| 2020 | 18.29% | 32.82% | 0.22x | 2.49x | ฿474.63 Million |
| 2021 | 7.36% | 38.63% | 0.13x | 1.47x | ฿-502.84 Million |
| 2022 | 7.58% | 39.59% | 0.13x | 1.47x | ฿-556.06 Million |
| 2023 | 7.57% | 39.53% | 0.12x | 1.60x | ฿-643.73 Million |
| 2024 | 6.01% | 30.91% | 0.13x | 1.51x | ฿-1.07 Billion |
| 2025 | 3.80% | 21.44% | 0.13x | 1.40x | ฿-1.68 Billion |
Industry Comparison
This section compares JMT Network Services Public Company Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $4,006,786,796
- Average return on equity (ROE) among peers: 9.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JMT Network Services Public Company Limited (JMT) | ฿27.92 Billion | 34.24% | 0.36x | $454.99 Million |
| ASIA Capital Group Public Company Limited (ACAP) | $349.18 Million | 15.40% | 0.13x | $4.18 Million |
| AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) | $6.13 Billion | 2.63% | 6.12x | $727.74 Million |
| AIRA Factoring Public Company Limited (AF) | $539.46 Million | 9.41% | 3.16x | $18.45 Million |
| Amanah Leasing Public Company Limited (AMANAH) | $1.17 Billion | 1.30% | 1.12x | $23.25 Million |
| Asia Sermkij Leasing Public Company Limited (ASK) | $1.95 Billion | 14.85% | 6.89x | $202.91 Million |
| Eastern Commercial Leasing Public Company Limited (ECL) | $1.76 Billion | 8.09% | 2.64x | $29.03 Million |
| G Capital Public Company Limited (GCAP) | $515.34 Million | 0.76% | 3.62x | $4.39 Million |
| IFS Capital (Thailand) Public Company Limited (IFS) | $799.43 Million | 10.61% | 1.63x | $27.84 Million |
| Krungthai Card PCL (KTC) | $22.85 Billion | 23.34% | 2.87x | $2.39 Billion |
About JMT Network Services Public Company Limited
JMT Network Services Public Company Limited, together with its subsidiaries, provides debt collection and distressed debt management services for financial institutions and entrepreneurs in Thailand. It operates through Debt Collection Business; Non-Performing Accounts Receivable Management Business; and Insurance Business segments. The company offers debt collection follow-up services through ph… Read more