J.S.P. Property Public Company Limited (JSP) - Net Assets

Latest as of December 2025: ฿927.00 Million THB ≈ $28.89 Million USD

Based on the latest financial reports, J.S.P. Property Public Company Limited (JSP) has net assets worth ฿927.00 Million THB (≈ $28.89 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 (฿1.46 Billion ≈ $45.62 Million USD) and total liabilities (฿536.56 Million ≈ $16.72 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 financial resilience of J.S.P. Property Public Company Limited to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿927.00 Million
% of Total Assets	63.34%
Annual Growth Rate	-4.65%
5-Year Change	-4.08%
10-Year Change	-82.14%
Growth Volatility	123.73

J.S.P. Property Public Company Limited - Net Assets Trend (2013–2025)

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

Annual Net Assets for J.S.P. Property Public Company Limited (2013–2025)

The table below shows the annual net assets of J.S.P. Property Public Company Limited from 2013 to 2025. For live valuation and market cap data, see J.S.P. Property Public Company Limited (JSP) total market value.

Year	Net Assets	Change
2025-12-31	฿927.00 Million ≈ $28.89 Million	+5.04%
2024-12-31	฿882.52 Million ≈ $27.51 Million	-5.16%
2023-12-31	฿930.50 Million ≈ $29.00 Million	-1.22%
2022-12-31	฿942.02 Million ≈ $29.36 Million	-2.52%
2021-12-31	฿966.43 Million ≈ $30.12 Million	+393.29%
2020-12-31	฿195.91 Million ≈ $6.11 Million	+18.79%
2019-12-31	฿164.92 Million ≈ $5.14 Million	+48.10%
2018-12-31	฿111.36 Million ≈ $3.47 Million	+58.34%
2017-12-31	฿70.33 Million ≈ $2.19 Million	-98.64%
2016-12-31	฿5.19 Billion ≈ $161.74 Million	+1.64%
2015-12-31	฿5.11 Billion ≈ $159.13 Million	-1.37%
2014-12-31	฿5.18 Billion ≈ $161.35 Million	+215.45%
2013-12-31	฿1.64 Billion ≈ $51.15 Million	--

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 52.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿67.69 Million	7.45%
Other Components	฿840.92 Million	92.55%
Total Equity	฿908.61 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
BuzzFeed Inc NASDAQ:BZFD	$28.12 Million
Compania Introductora de Buenos Aires SA BA:INTR	$28.12 Million
Haverty Furniture Companies Inc NYSE:HVT-A	$28.13 Million
HAV GROUP ASA F:6HH	$28.14 Million
Hyungji Elite KO:093240	$28.09 Million
Jian Sin Industrial Co Ltd TWO:4502	$28.08 Million
Pixelplus. Co. Ltd KQ:087600	$28.08 Million
Juggernaut Exploration Ltd V:JUGR	$28.07 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 2024 to 2025, total equity changed from 857,999,536 to 908,605,850, a change of 50,606,314 (5.9%).
Net income of 67,868,365 contributed positively to equity growth.
Dividend payments of 24,952,768 reduced retained earnings.
Other comprehensive income decreased equity by 3,861,848.
Other factors increased equity by 11,552,565.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿67.87 Million	+7.47%
Dividends Paid	฿24.95 Million	-2.75%
Other Comprehensive Income	฿-3.86 Million	-0.43%
Other Changes	฿11.55 Million	+1.27%
Total Change	฿-	5.90%

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: 0.99x
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 11.51x to 0.99x 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	฿1.90	x
2018-12-31	฿0.26	฿1.90	x
2019-12-31	฿0.39	฿1.90	x
2020-12-31	฿0.46	฿1.90	x
2021-12-31	฿2.68	฿1.90	x
2022-12-31	฿2.07	฿1.90	x
2023-12-31	฿1.85	฿1.90	x
2024-12-31	฿1.81	฿1.90	x
2025-12-31	฿1.91	฿1.90	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): 7.47%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.72%
• Asset Turnover: 0.69x
• Equity Multiplier: 1.61x
Recent ROE (7.47%) is below the historical average (9.67%), 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
2025	7.47%	6.72%	0.69x	1.61x	฿-22.99 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: $2,807,994,923
Average return on equity (ROE) among peers: -0.88%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
J.S.P. Property Public Company Limited (JSP)	฿927.00 Million	7.58%	0.58x	$28.10 Million
Asian Sea Corporation Public Company Limited (ASIAN)	$1.17 Billion	-38.64%	2.90x	$180.99 Million
Seafresh Industry Public Company Limited (CFRESH)	$1.43 Billion	7.92%	0.26x	$23.98 Million
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI)	$1.21 Billion	1.06%	0.70x	$15.02 Million
Chiangmai Frozen Foods Public Company Limited (CM)	$1.35 Billion	8.86%	0.10x	$19.01 Million
GFPT Public Company Limited (GFPT)	$3.78 Billion	28.67%	0.98x	$357.59 Million
Thai Ha Public Company Limited (KASET)	$325.04 Million	-11.22%	0.97x	$7.19 Million
Lee Feed Mill Public Company Limited (LEE)	$2.73 Billion	6.85%	0.15x	$69.45 Million
Malee Group Public Company Limited (MALEE)	$839.63 Million	-24.17%	3.77x	$69.74 Million
President Bakery Public Company Limited (PB)	$12.44 Billion	12.78%	0.11x	$680.27 Million

About J.S.P. Property Public Company Limited

BK:JSP Thailand Packaged Foods

Market Cap

$28.10 Million

฿901.69 Million THB

Market Cap Rank

#23919 Global

#444 in Thailand

Share Price

฿1.90

Change (1 day)

-1.04%

52-Week Range

฿1.57 - ฿2.10

All Time High

฿10.13