Jasmine Telecom Systems Public Company Limited
Jasmine Technology Solution Public Company Limited, through its subsidiaries, engages in the design and installation of telecommunication systems, telecom services, bitcoin mining, generative AI, and other businesses in Thailand. The company offers computer system design and software development services; sells computer products; and offers cloud computing services. It also provides internet serv… Read more
Jasmine Telecom Systems Public Company Limited (JTS) - Net Assets
Latest net assets as of December 2025: ฿865.90 Million THB
Based on the latest financial reports, Jasmine Telecom Systems Public Company Limited (JTS) has net assets worth ฿865.90 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 (฿2.65 Billion) and total liabilities (฿1.79 Billion). 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 | ฿865.90 Million |
| % of Total Assets | 32.62% |
| Annual Growth Rate | -1.34% |
| 5-Year Change | 29.03% |
| 10-Year Change | -7.64% |
| Growth Volatility | 30.19 |
Jasmine Telecom Systems Public Company Limited - Net Assets Trend (2005–2025)
This chart illustrates how Jasmine Telecom Systems 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 Jasmine Telecom Systems Public Company Limited (2005–2025)
The table below shows the annual net assets of Jasmine Telecom Systems Public Company Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿865.90 Million | -21.88% |
| 2024-12-31 | ฿1.11 Billion | +108.82% |
| 2023-12-31 | ฿530.82 Million | -5.24% |
| 2022-12-31 | ฿560.15 Million | -16.53% |
| 2021-12-31 | ฿671.08 Million | -33.27% |
| 2020-12-31 | ฿1.01 Billion | +3.81% |
| 2019-12-31 | ฿968.79 Million | +0.40% |
| 2018-12-31 | ฿964.94 Million | +1.49% |
| 2017-12-31 | ฿950.76 Million | +1.41% |
| 2016-12-31 | ฿937.53 Million | -12.05% |
| 2015-12-31 | ฿1.07 Billion | -3.60% |
| 2014-12-31 | ฿1.11 Billion | -10.79% |
| 2013-12-31 | ฿1.24 Billion | -0.91% |
| 2012-12-31 | ฿1.25 Billion | -14.84% |
| 2011-12-31 | ฿1.47 Billion | -8.60% |
| 2010-12-31 | ฿1.61 Billion | -8.30% |
| 2009-12-31 | ฿1.75 Billion | +6.14% |
| 2008-12-31 | ฿1.65 Billion | -9.03% |
| 2007-12-31 | ฿1.81 Billion | -0.87% |
| 2006-12-31 | ฿1.83 Billion | +61.56% |
| 2005-12-31 | ฿1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jasmine Telecom Systems 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 57.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿219.64 Million | 25.24% |
| Other Components | ฿650.49 Million | 74.76% |
| Total Equity | ฿870.12 Million | 100.00% |
Jasmine Telecom Systems Public Company Limited Competitors by Market Cap
The table below lists competitors of Jasmine Telecom Systems Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innocean Worldwide Inc
KO:214320
|
$333.93 Million |
|
Longjian Road & Bridge Co Ltd
SHG:600853
|
$333.96 Million |
|
Gubra A/S
CO:GUBRA
|
$333.96 Million |
|
BANDWID.INC. CL.A DL-001
F:5XB
|
$334.09 Million |
|
JINS HOLDINGS INC.
F:5F3
|
$333.84 Million |
|
Union Optech Co Ltd
SHE:300691
|
$333.83 Million |
|
Investors Title Company
NASDAQ:ITIC
|
$333.57 Million |
|
Clevo Co
TW:2362
|
$333.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jasmine Telecom Systems Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,113,032,560 to 870,124,482, a change of -242,908,078 (-21.8%).
- Net income of 7,111,500 contributed positively to equity growth.
- Share repurchases of 250,264,538 reduced equity.
- Other comprehensive income decreased equity by 70,645,730.
- Other factors increased equity by 70,890,690.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿7.11 Million | +0.82% |
| Share Repurchases | ฿250.26 Million | -28.76% |
| Other Comprehensive Income | ฿-70.65 Million | -8.12% |
| Other Changes | ฿70.89 Million | +8.15% |
| Total Change | ฿- | -21.82% |
Book Value vs Market Value Analysis
This analysis compares Jasmine Telecom Systems 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: 45.37x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 17.92x to 45.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿3.15 | ฿56.50 | x |
| 2007-12-31 | ฿2.55 | ฿56.50 | x |
| 2008-12-31 | ฿2.35 | ฿56.50 | x |
| 2009-12-31 | ฿2.49 | ฿56.50 | x |
| 2010-12-31 | ฿2.29 | ฿56.50 | x |
| 2011-12-31 | ฿2.09 | ฿56.50 | x |
| 2012-12-31 | ฿1.78 | ฿56.50 | x |
| 2013-12-31 | ฿2.08 | ฿56.50 | x |
| 2014-12-31 | ฿1.58 | ฿56.50 | x |
| 2015-12-31 | ฿1.48 | ฿56.50 | x |
| 2016-12-31 | ฿1.32 | ฿56.50 | x |
| 2017-12-31 | ฿1.53 | ฿56.50 | x |
| 2018-12-31 | ฿1.28 | ฿56.50 | x |
| 2019-12-31 | ฿1.38 | ฿56.50 | x |
| 2020-12-31 | ฿1.43 | ฿56.50 | x |
| 2021-12-31 | ฿0.96 | ฿56.50 | x |
| 2022-12-31 | ฿0.80 | ฿56.50 | x |
| 2023-12-31 | ฿0.76 | ฿56.50 | x |
| 2024-12-31 | ฿1.57 | ฿56.50 | x |
| 2025-12-31 | ฿1.25 | ฿56.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jasmine Telecom Systems 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): 0.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.30%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 3.05x
- Recent ROE (0.82%) is below the historical average (3.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 23.17% | 17.46% | 0.60x | 2.20x | ฿149.01 Million |
| 2006 | 17.14% | 10.73% | 0.72x | 2.23x | ฿130.51 Million |
| 2007 | 5.72% | 6.46% | 0.46x | 1.94x | ฿-77.53 Million |
| 2008 | 0.40% | 0.41% | 0.49x | 1.97x | ฿-158.34 Million |
| 2009 | 5.31% | 2.10% | 0.70x | 3.60x | ฿-82.18 Million |
| 2010 | -6.27% | -2.81% | 0.61x | 3.68x | ฿-261.66 Million |
| 2011 | -4.59% | -5.12% | 0.31x | 2.91x | ฿-214.71 Million |
| 2012 | -14.17% | -15.13% | 0.44x | 2.14x | ฿-304.22 Million |
| 2013 | 0.96% | 3.86% | 0.16x | 1.60x | ฿-112.69 Million |
| 2014 | -12.03% | -122.24% | 0.06x | 1.57x | ฿-245.23 Million |
| 2015 | -4.06% | -61.73% | 0.04x | 1.53x | ฿-150.89 Million |
| 2016 | -6.08% | -45.87% | 0.10x | 1.36x | ฿-151.96 Million |
| 2017 | 1.31% | 16.11% | 0.06x | 1.29x | ฿-83.25 Million |
| 2018 | 1.56% | 11.60% | 0.10x | 1.30x | ฿-82.00 Million |
| 2019 | 0.63% | 5.94% | 0.08x | 1.31x | ฿-91.35 Million |
| 2020 | 4.37% | 16.98% | 0.19x | 1.39x | ฿-56.99 Million |
| 2021 | 32.66% | 11.99% | 1.18x | 2.31x | ฿153.37 Million |
| 2022 | -18.62% | -4.65% | 0.93x | 4.29x | ฿-161.82 Million |
| 2023 | 1.07% | 0.24% | 1.02x | 4.32x | ฿-47.86 Million |
| 2024 | 53.36% | 23.99% | 0.73x | 3.05x | ฿482.62 Million |
| 2025 | 0.82% | 0.30% | 0.91x | 3.05x | ฿-79.90 Million |
Industry Comparison
This section compares Jasmine Telecom Systems Public Company Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $6,677,545,810
- Average return on equity (ROE) among peers: 12.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jasmine Telecom Systems Public Company Limited (JTS) | ฿865.90 Million | 23.17% | 2.07x | $333.86 Million |
| Bliss-Tel PLC (BLISS) | $1.69 Billion | -9.78% | 0.31x | $8.24 |
| Forth Smart Service Public Company Limited (FSMART) | $1.02 Billion | 26.71% | 1.20x | $52.69 Million |
| Information and Communication Networks Public Company Limited (ICN) | $165.10 Million | 16.42% | 1.91x | $20.42 Million |
| Intouch Holdings Public Company Limited (INTUCH) | $44.14 Billion | 25.03% | 0.19x | $1.96 Billion |
| Interlink Telecom Public Company Limited (ITEL) | $1.71 Billion | 10.57% | 2.87x | $15.41 Million |
| PROEN Corp Public Company Limited (PROEN) | $117.21 Million | 20.13% | 2.52x | $7.27 Million |
| Samart Telcoms Public Company Limited (SAMTEL) | $3.30 Billion | -8.70% | 1.11x | $11.78 Million |
| Symphony Communication Public Company Limited (SYMC) | $1.27 Billion | 19.32% | 0.77x | $14.45 Million |