J.S.P. Property Public Company Limited
JSP Pharmaceutical Manufacturing (Thailand) Public Co., Ltd. engages in the research, development, manufacturing, and sales pharmaceutical, dietary supplementary, traditional medicine, and herbal products in Thailand. It is also involved in manufacturing and selling hemodialysis products and supplies, purified water systems for industrial purposes, and related medical supplies; and services of la… Read more
J.S.P. Property Public Company Limited (JSP) - Net Assets
Latest net assets as of September 2025: ฿925.56 Million THB
Based on the latest financial reports, J.S.P. Property Public Company Limited (JSP) has net assets worth ฿925.56 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.35 Billion) and total liabilities (฿419.85 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 | ฿925.56 Million |
| % of Total Assets | 68.79% |
| Annual Growth Rate | -5.48% |
| 5-Year Change | 350.46% |
| 10-Year Change | -82.71% |
| Growth Volatility | 128.36 |
J.S.P. Property Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how J.S.P. Property Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for J.S.P. Property Public Company Limited (2013–2024)
The table below shows the annual net assets of J.S.P. Property Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿882.52 Million | -5.16% |
| 2023-12-31 | ฿930.50 Million | -1.22% |
| 2022-12-31 | ฿942.02 Million | -2.52% |
| 2021-12-31 | ฿966.43 Million | +393.29% |
| 2020-12-31 | ฿195.91 Million | +18.79% |
| 2019-12-31 | ฿164.92 Million | +48.10% |
| 2018-12-31 | ฿111.36 Million | +58.34% |
| 2017-12-31 | ฿70.33 Million | -98.64% |
| 2016-12-31 | ฿5.19 Billion | +1.64% |
| 2015-12-31 | ฿5.11 Billion | -1.37% |
| 2014-12-31 | ฿5.18 Billion | +215.45% |
| 2013-12-31 | ฿1.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to J.S.P. Property 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 117.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿237.29 Million | 27.66% |
| Other Comprehensive Income | ฿3.86 Million | 0.45% |
| Other Components | ฿642.18 Million | 74.85% |
| Total Equity | ฿858.00 Million | 100.00% |
J.S.P. Property Public Company Limited Competitors by Market Cap
The table below lists competitors of J.S.P. Property Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airthings ASA
PINK:ARTGF
|
$9.64 Million |
|
Eureka Design Public Company Limited
BK:UREKA
|
$9.64 Million |
|
Avonmore Capital & Management Services Limited
NSE:AVONMORE
|
$9.64 Million |
|
Yw Company Limited
KQ:051390
|
$9.65 Million |
|
NextCell Pharma AB
ST:NXTCL
|
$9.63 Million |
|
Bionano Genomics Inc
NASDAQ:BNGO
|
$9.63 Million |
|
Dongsung Pharm
KO:002210
|
$9.63 Million |
|
Chonburi Concrete Product Public Company Limited
BK:CCP
|
$9.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in J.S.P. Property Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 870,061,881 to 857,999,536, a change of -12,062,345 (-1.4%).
- Net income of 4,524,619 contributed positively to equity growth.
- Dividend payments of 14,994,054 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿4.52 Million | +0.53% |
| Dividends Paid | ฿14.99 Million | -1.75% |
| Other Changes | ฿-1.59 Million | -0.19% |
| Total Change | ฿- | -1.39% |
Book Value vs Market Value Analysis
This analysis compares J.S.P. Property 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: 1.06x
- 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 11.63x to 1.06x 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 | ฿0.17 | ฿1.92 | x |
| 2018-12-31 | ฿0.26 | ฿1.92 | x |
| 2019-12-31 | ฿0.39 | ฿1.92 | x |
| 2020-12-31 | ฿0.46 | ฿1.92 | x |
| 2021-12-31 | ฿2.68 | ฿1.92 | x |
| 2022-12-31 | ฿2.07 | ฿1.92 | x |
| 2023-12-31 | ฿1.85 | ฿1.92 | x |
| 2024-12-31 | ฿1.81 | ฿1.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently J.S.P. Property 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): 0.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.55%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.55x
- Recent ROE (0.53%) is below the historical average (9.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.58% | 14.49% | 0.15x | 3.47x | ฿-39.22 Million |
| 2014 | 9.46% | 18.75% | 0.28x | 1.77x | ฿-27.75 Million |
| 2015 | 13.79% | 22.40% | 0.35x | 1.75x | ฿193.07 Million |
| 2016 | 2.39% | 4.01% | 0.25x | 2.42x | ฿-393.31 Million |
| 2017 | 42.09% | 6.77% | 1.13x | 5.48x | ฿22.57 Million |
| 2018 | 11.13% | 3.55% | 0.80x | 3.93x | ฿1.25 Million |
| 2019 | 14.29% | 6.53% | 0.82x | 2.68x | ฿7.07 Million |
| 2020 | 15.87% | 6.82% | 0.94x | 2.47x | ฿11.49 Million |
| 2021 | 3.07% | 7.03% | 0.34x | 1.30x | ฿-66.95 Million |
| 2022 | -1.86% | -4.08% | 0.35x | 1.30x | ฿-111.69 Million |
| 2023 | -0.15% | -0.22% | 0.43x | 1.54x | ฿-88.28 Million |
| 2024 | 0.53% | 0.55% | 0.62x | 1.55x | ฿-81.28 Million |
Industry Comparison
This section compares J.S.P. Property Public Company Limited'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 |
|---|---|---|---|---|
| J.S.P. Property Public Company Limited (JSP) | ฿925.56 Million | 7.58% | 0.45x | $9.64 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 |