Kasikornbank Public Company Limited (KBANK) - Net Assets

Latest as of September 2025: ฿673.32 Billion THB ≈ $20.99 Billion USD

Based on the latest financial reports, Kasikornbank Public Company Limited (KBANK) has net assets worth ฿673.32 Billion THB (≈ $20.99 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.44 Trillion ≈ $138.29 Billion USD) and total liabilities (฿3.76 Trillion ≈ $117.30 Billion 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 Kasikornbank Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿673.32 Billion
% of Total Assets	15.18%
Annual Growth Rate	14.25%
5-Year Change	-82.07%
10-Year Change	102.3%
Growth Volatility	129.3

Kasikornbank Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Kasikornbank Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore KBANK current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Kasikornbank Public Company Limited (2000–2024)

The table below shows the annual net assets of Kasikornbank Public Company Limited from 2000 to 2024. For live valuation and market cap data, see market cap of Kasikornbank Public Company Limited.

Year	Net Assets	Change
2024-12-31	฿631.62 Billion ≈ $19.69 Billion	+5.83%
2023-12-31	฿596.84 Billion ≈ $18.60 Billion	+5.25%
2022-12-31	฿567.08 Billion ≈ $17.68 Billion	-85.40%
2021-12-31	฿3.88 Trillion ≈ $121.08 Billion	+10.26%
2020-12-31	฿3.52 Trillion ≈ $109.82 Billion	+12.60%
2019-12-31	฿3.13 Trillion ≈ $97.53 Billion	+648.90%
2018-12-31	฿417.82 Billion ≈ $13.02 Billion	+7.74%
2017-12-31	฿387.82 Billion ≈ $12.09 Billion	+9.58%
2016-12-31	฿353.91 Billion ≈ $11.03 Billion	+13.36%
2015-12-31	฿312.21 Billion ≈ $9.73 Billion	+11.23%
2014-12-31	฿280.69 Billion ≈ $8.75 Billion	+18.43%
2013-12-31	฿237.01 Billion ≈ $7.39 Billion	+18.02%
2012-12-31	฿200.82 Billion ≈ $6.26 Billion	+20.28%
2011-12-31	฿166.97 Billion ≈ $5.20 Billion	+14.76%
2010-12-31	฿145.49 Billion ≈ $4.53 Billion	+10.25%
2009-12-31	฿131.96 Billion ≈ $4.11 Billion	+16.09%
2008-12-31	฿113.66 Billion ≈ $3.54 Billion	+13.67%
2007-12-31	฿100.00 Billion ≈ $3.12 Billion	+13.32%
2006-12-31	฿88.24 Billion ≈ $2.75 Billion	+12.96%
2005-12-31	฿78.12 Billion ≈ $2.43 Billion	+17.17%
2004-12-31	฿66.67 Billion ≈ $2.08 Billion	+36.57%
2003-12-31	฿48.81 Billion ≈ $1.52 Billion	+37.71%
2002-12-31	฿35.45 Billion ≈ $1.10 Billion	+29.17%
2001-12-31	฿27.44 Billion ≈ $855.31 Million	+6.28%
2000-12-31	฿25.82 Billion ≈ $804.79 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Kasikornbank 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 48294870900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿482.95 Billion	85.73%
Common Stock	฿23.69 Billion	4.21%
Other Comprehensive Income	฿23.06 Billion	4.09%
Other Components	฿33.65 Billion	5.97%
Total Equity	฿563.35 Billion	100.00%

Kasikornbank Public Company Limited Competitors by Market Cap

The table below lists competitors of Kasikornbank Public Company Limited ranked by their market capitalization.

Company	Market Cap
Carlisle Companies Incorporated NYSE:CSL	$14.33 Billion
Norsk Hydro ASA F:NOHA	$14.35 Billion
Amkor Technology Inc NASDAQ:AMKR	$14.36 Billion
Krung Thai Bank Public Company Limited BK:KTB	$14.38 Billion
Deckers Outdoor Corporation NYSE:DECK	$14.32 Billion
Tryg A/S CO:TRYG	$14.28 Billion
Cholamandalam Investment and Finance Company Limited NSE:CHOLAFIN	$14.26 Billion
Advanced Energy Industries Inc NASDAQ:AEIS	$14.26 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kasikornbank Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 532,284,769,000 to 563,351,849,000, a change of 31,067,080,000 (5.8%).
Net income of 48,598,125,000 contributed positively to equity growth.
Dividend payments of 17,769,957,000 reduced retained earnings.
Other comprehensive income increased equity by 2,441,277,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿48.60 Billion	+8.63%
Dividends Paid	฿17.77 Billion	-3.15%
Other Comprehensive Income	฿2.44 Billion	+0.43%
Other Changes	฿-2.20 Billion	-0.39%
Total Change	฿-	5.84%

Book Value vs Market Value Analysis

This analysis compares Kasikornbank 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: 0.82x
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 5.89x to 0.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	฿32.94	฿194.00	x
2006-12-31	฿37.05	฿194.00	x
2007-12-31	฿41.88	฿194.00	x
2008-12-31	฿47.50	฿194.00	x
2009-12-31	฿51.42	฿194.00	x
2010-12-31	฿56.38	฿194.00	x
2011-12-31	฿64.68	฿194.00	x
2012-12-31	฿77.28	฿194.00	x
2013-12-31	฿91.60	฿194.00	x
2014-12-31	฿107.41	฿194.00	x
2015-12-31	฿119.42	฿194.00	x
2016-12-31	฿134.44	฿194.00	x
2017-12-31	฿145.67	฿194.00	x
2018-12-31	฿157.23	฿194.00	x
2019-12-31	฿169.79	฿194.00	x
2020-12-31	฿185.26	฿194.00	x
2021-12-31	฿201.20	฿194.00	x
2022-12-31	฿212.41	฿194.00	x
2023-12-31	฿224.66	฿194.00	x
2024-12-31	฿237.77	฿194.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kasikornbank 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): 8.63%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 23.23%
• Asset Turnover: 0.05x
• Equity Multiplier: 7.68x
Recent ROE (8.63%) is below the historical average (13.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	4.95%	2.61%	0.06x	29.97x	฿-1.29 Billion
2001	3.72%	2.36%	0.06x	28.61x	฿-1.70 Billion
2002	19.06%	15.57%	0.06x	21.69x	฿3.18 Billion
2003	30.57%	35.21%	0.05x	16.95x	฿9.97 Billion
2004	23.12%	35.44%	0.05x	12.43x	฿8.71 Billion
2005	17.83%	34.01%	0.05x	10.72x	฿6.12 Billion
2006	15.49%	29.91%	0.05x	10.60x	฿4.84 Billion
2007	15.01%	26.70%	0.06x	9.95x	฿5.01 Billion
2008	13.49%	23.57%	0.05x	11.47x	฿3.97 Billion
2009	12.10%	21.08%	0.05x	11.04x	฿2.59 Billion
2010	14.86%	18.36%	0.07x	11.50x	฿6.55 Billion
2011	15.65%	19.15%	0.07x	11.13x	฿8.75 Billion
2012	19.06%	33.81%	0.05x	11.23x	฿16.77 Billion
2013	18.85%	34.22%	0.05x	10.45x	฿19.40 Billion
2014	17.95%	33.31%	0.06x	9.29x	฿20.45 Billion
2015	13.81%	26.78%	0.06x	8.94x	฿10.89 Billion
2016	12.49%	26.20%	0.05x	8.85x	฿8.00 Billion
2017	9.85%	21.91%	0.05x	8.32x	฿-524.27 Million
2018	10.22%	24.74%	0.05x	8.38x	฿829.36 Million
2019	9.53%	24.14%	0.05x	8.11x	฿-1.91 Billion
2020	6.71%	19.13%	0.04x	8.32x	฿-14.48 Billion
2021	7.98%	23.33%	0.04x	8.61x	฿-9.62 Billion
2022	7.11%	20.60%	0.04x	8.44x	฿-14.56 Billion
2023	7.97%	30.11%	0.03x	8.05x	฿-10.82 Billion
2024	8.63%	23.23%	0.05x	7.68x	฿-7.74 Billion

Industry Comparison

This section compares Kasikornbank Public Company Limited's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $389,380,108,595
Average return on equity (ROE) among peers: 11.72%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Kasikornbank Public Company Limited (KBANK)	฿673.32 Billion	4.95%	5.59x	$14.33 Billion
Bank of Ayudhya PCL (BAY)	$2.23 Trillion	1.03%	0.17x	$6.53 Billion
Bangkok Bank PCL (BBL)	$575.68 Billion	7.99%	7.00x	$9.67 Billion
CIMB Thai Bank Public Company Limited (CIMBT)	$38.52 Billion	3.90%	9.17x	$401.59 Million
Kiatnakin Phatra Bank Public Company Limited (KKP)	$17.95 Billion	12.42%	6.10x	$2.01 Billion
Kiatnakin Phatra Bank Public Company Limited (KKP-R)	$58.11 Billion	13.08%	7.74x	$1.54 Billion
Krung Thai Bank Public Company Limited (KTB)	$250.30 Billion	11.38%	10.25x	$14.38 Billion
SCB X Public Company Limited (SCB)	$215.34 Billion	18.22%	9.54x	$13.75 Billion
The Siam Commercial Bank Public Company Limited (SCB-R)	$98.49 Billion	19.17%	7.27x	$13.22 Billion
TISCO Financial Group Public Company Limited (TISCO)	$23.22 Billion	18.30%	14.47x	$2.73 Billion

About Kasikornbank Public Company Limited

BK:KBANK Thailand Banks - Regional

Market Cap

$14.33 Billion

฿459.65 Billion THB

Market Cap Rank

#1673 Global

#9 in Thailand

Share Price

฿194.00

Change (1 day)

-0.51%

52-Week Range

฿148.50 - ฿207.00

All Time High

฿207.00