Karmarts Public Company Limited
Karmarts Public Company Limited, together with its subsidiaries, engages in the manufacturing, packaging, import, and distribution of cosmetics and consumer products in Thailand. The company operates in four segments: Manufacture and Distribution of Consumer Products; Warehouse for Rental; Investment Properties and Distribution of By-Products and Agriculture; and Real Estate Development. It offer… Read more
Karmarts Public Company Limited (KAMART) - Net Assets
Latest net assets as of September 2025: ฿3.51 Billion THB
Based on the latest financial reports, Karmarts Public Company Limited (KAMART) has net assets worth ฿3.51 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.88 Billion) and total liabilities (฿1.37 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 | ฿3.51 Billion |
| % of Total Assets | 71.92% |
| Annual Growth Rate | 15.63% |
| 5-Year Change | 247.32% |
| 10-Year Change | 388.43% |
| Growth Volatility | 65.43 |
Karmarts Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Karmarts 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 Karmarts Public Company Limited (2000–2024)
The table below shows the annual net assets of Karmarts Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.50 Billion | +5.84% |
| 2023-12-31 | ฿3.30 Billion | +142.12% |
| 2022-12-31 | ฿1.36 Billion | +17.54% |
| 2021-12-31 | ฿1.16 Billion | +15.31% |
| 2020-12-31 | ฿1.01 Billion | -1.46% |
| 2019-12-31 | ฿1.02 Billion | +3.63% |
| 2018-12-31 | ฿986.10 Million | +13.42% |
| 2017-12-31 | ฿869.43 Million | +9.02% |
| 2016-12-31 | ฿797.49 Million | +11.37% |
| 2015-12-31 | ฿716.08 Million | +13.33% |
| 2014-12-31 | ฿631.84 Million | +1.09% |
| 2013-12-31 | ฿625.01 Million | +13.31% |
| 2012-12-31 | ฿551.60 Million | +24.68% |
| 2011-12-31 | ฿442.43 Million | +32.64% |
| 2010-12-31 | ฿333.56 Million | +22.55% |
| 2009-12-31 | ฿272.18 Million | -54.15% |
| 2008-12-31 | ฿593.64 Million | +18.49% |
| 2007-12-31 | ฿501.01 Million | -14.59% |
| 2006-12-31 | ฿586.57 Million | -19.00% |
| 2005-12-31 | ฿724.17 Million | +21.83% |
| 2004-12-31 | ฿594.43 Million | +36.75% |
| 2003-12-31 | ฿434.68 Million | +508.43% |
| 2002-12-31 | ฿-106.43 Million | +35.93% |
| 2001-12-31 | ฿-166.10 Million | -254.86% |
| 2000-12-31 | ฿107.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Karmarts 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 90954042400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿909.54 Million | 26.52% |
| Common Stock | ฿770.00 Million | 22.45% |
| Other Comprehensive Income | ฿183.27 Million | 5.34% |
| Other Components | ฿1.57 Billion | 45.68% |
| Total Equity | ฿3.43 Billion | 100.00% |
Karmarts Public Company Limited Competitors by Market Cap
The table below lists competitors of Karmarts Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SinoDaan Co Ltd
SHE:300635
|
$181.08 Million |
|
Arch Resources Inc
NYSE:ARCH
|
$181.11 Million |
|
Thaifoods Group Public Company Limited
BK:TFG-R
|
$181.13 Million |
|
Santhera Pharmaceuticals Holding AG
PINK:SPHDF
|
$181.15 Million |
|
TVZone Media Co Ltd
SHG:603721
|
$181.02 Million |
|
Kina Securities Ltd
AU:KSL
|
$180.99 Million |
|
GL Events SA
PINK:GLCDF
|
$180.94 Million |
|
Ningbo Shimao Energy Co.Ltd
SHG:605028
|
$180.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Karmarts Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,240,304,090 to 3,429,626,302, a change of 189,322,212 (5.8%).
- Net income of 677,962,000 contributed positively to equity growth.
- Dividend payments of 487,665,696 reduced retained earnings.
- Other comprehensive income increased equity by 13,409,606.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿677.96 Million | +19.77% |
| Dividends Paid | ฿487.67 Million | -14.22% |
| Other Comprehensive Income | ฿13.41 Million | +0.39% |
| Other Changes | ฿-14.38 Million | -0.42% |
| Total Change | ฿- | 5.84% |
Book Value vs Market Value Analysis
This analysis compares Karmarts 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: 3.42x
- 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 decreased from 5.19x to 3.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿1.76 | ฿9.15 | x |
| 2005-12-31 | ฿1.74 | ฿9.15 | x |
| 2006-12-31 | ฿0.89 | ฿9.15 | x |
| 2007-12-31 | ฿0.75 | ฿9.15 | x |
| 2008-12-31 | ฿0.76 | ฿9.15 | x |
| 2009-12-31 | ฿0.31 | ฿9.15 | x |
| 2010-12-31 | ฿0.38 | ฿9.15 | x |
| 2011-12-31 | ฿0.50 | ฿9.15 | x |
| 2012-12-31 | ฿0.65 | ฿9.15 | x |
| 2013-12-31 | ฿0.72 | ฿9.15 | x |
| 2014-12-31 | ฿0.73 | ฿9.15 | x |
| 2015-12-31 | ฿0.82 | ฿9.15 | x |
| 2016-12-31 | ฿0.91 | ฿9.15 | x |
| 2017-12-31 | ฿0.99 | ฿9.15 | x |
| 2018-12-31 | ฿1.12 | ฿9.15 | x |
| 2019-12-31 | ฿1.15 | ฿9.15 | x |
| 2020-12-31 | ฿1.14 | ฿9.15 | x |
| 2021-12-31 | ฿1.31 | ฿9.15 | x |
| 2022-12-31 | ฿1.48 | ฿9.15 | x |
| 2023-12-31 | ฿2.99 | ฿9.15 | x |
| 2024-12-31 | ฿2.67 | ฿9.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Karmarts 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): 19.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.36%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.38x
- Recent ROE (19.77%) is above the historical average (16.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 73.53% | 1.65% | 3.08x | 14.45x | ฿68.14 Million |
| 2003 | 97.07% | 26.34% | 1.43x | 2.57x | ฿378.50 Million |
| 2004 | 15.63% | 3.86% | 1.56x | 2.59x | ฿33.47 Million |
| 2005 | -10.11% | -2.47% | 1.89x | 2.17x | ฿-132.24 Million |
| 2006 | -12.37% | -5.29% | 0.97x | 2.41x | ฿-117.58 Million |
| 2007 | -19.41% | -20.33% | 0.39x | 2.48x | ฿-129.65 Million |
| 2008 | -12.05% | -24.67% | 0.24x | 2.06x | ฿-118.51 Million |
| 2009 | -97.60% | -153.87% | 0.22x | 2.82x | ฿-290.60 Million |
| 2010 | -12.96% | -26.21% | 0.20x | 2.43x | ฿-76.30 Million |
| 2011 | 25.25% | 26.86% | 0.53x | 1.77x | ฿67.71 Million |
| 2012 | 35.88% | 31.05% | 0.91x | 1.27x | ฿142.91 Million |
| 2013 | 25.72% | 19.15% | 0.92x | 1.46x | ฿98.40 Million |
| 2014 | 14.57% | 9.24% | 1.09x | 1.45x | ฿28.90 Million |
| 2015 | 29.19% | 17.67% | 1.19x | 1.39x | ฿137.84 Million |
| 2016 | 33.09% | 18.45% | 1.16x | 1.55x | ฿184.10 Million |
| 2017 | 32.45% | 18.60% | 1.12x | 1.55x | ฿194.85 Million |
| 2018 | 36.69% | 24.01% | 0.97x | 1.57x | ฿262.04 Million |
| 2019 | 25.73% | 17.33% | 0.94x | 1.58x | ฿159.70 Million |
| 2020 | 13.30% | 10.10% | 0.86x | 1.52x | ฿32.94 Million |
| 2021 | 25.38% | 22.68% | 0.75x | 1.49x | ฿177.50 Million |
| 2022 | 25.10% | 17.55% | 0.88x | 1.63x | ฿196.71 Million |
| 2023 | 20.40% | 27.27% | 0.57x | 1.31x | ฿336.94 Million |
| 2024 | 19.77% | 21.36% | 0.67x | 1.38x | ฿335.00 Million |
Industry Comparison
This section compares Karmarts Public Company Limited's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $718,905,820
- Average return on equity (ROE) among peers: 31.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karmarts Public Company Limited (KAMART) | ฿3.51 Billion | 73.53% | 0.39x | $181.06 Million |
| 88(Thailand) Public Company Limited (88TH) | $221.11 Million | 25.22% | 0.28x | $15.02 Million |
| Asian Phytoceuticals Public Company Limited (APCO) | $610.51 Million | 13.25% | 0.11x | $16.64 Million |
| Bangkok Lab & Cosmetic PCL (BLC) | $281.51 Million | 44.66% | 3.31x | $12.24 Million |
| Do Day Dream Public Company Limited (DDD) | $374.95 Million | 87.48% | 1.07x | $16.47 Million |
| Jack Chia Industries (Thailand) Public Company Limited (JCT) | $1.31 Billion | 6.77% | 0.23x | $6.30 Million |
| Rojukiss International Public Company Limited (KISS) | $1.09 Billion | 12.03% | 0.29x | $24.77 Million |
| Moong Pattana International Public Company Limited (MOONG) | $736.89 Million | 17.52% | 0.30x | $6.23 Million |
| Neo Corporate Pcl (NEO) | $1.57 Billion | 52.93% | 3.65x | $52.82 Million |
| Nutrition Profess Public Company Limited (NUT) | $279.67 Million | 19.72% | 0.77x | $1.23K |