Thonburi Medical Centre Public Company Limited
Thonburi Medical Centre Public Company Limited operates a hospital in Thailand. The company offers hair center services, such as hair treatment, hair transplantation surgery, hair laser cap, alopecia areata treatment, and face and body hair treatment; weight center services, including weight loss program, body treatment program, muscle building, skin tightening, and weight gain program; laser and… Read more
Thonburi Medical Centre Public Company Limited (KDH) - Net Assets
Latest net assets as of September 2025: ฿880.47 Million THB
Based on the latest financial reports, Thonburi Medical Centre Public Company Limited (KDH) has net assets worth ฿880.47 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 (฿1.08 Billion) and total liabilities (฿197.58 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 | ฿880.47 Million |
| % of Total Assets | 81.67% |
| Annual Growth Rate | 4.47% |
| 5-Year Change | 71.67% |
| 10-Year Change | 68.9% |
| Growth Volatility | 31.05 |
Thonburi Medical Centre Public Company Limited - Net Assets Trend (2001–2024)
This chart illustrates how Thonburi Medical Centre 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 Thonburi Medical Centre Public Company Limited (2001–2024)
The table below shows the annual net assets of Thonburi Medical Centre Public Company Limited from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿802.40 Million | +13.86% |
| 2023-12-31 | ฿704.74 Million | +14.84% |
| 2022-12-31 | ฿613.69 Million | +20.93% |
| 2021-12-31 | ฿507.48 Million | +8.57% |
| 2020-12-31 | ฿467.42 Million | -2.19% |
| 2019-12-31 | ฿477.91 Million | +4.86% |
| 2018-12-31 | ฿455.76 Million | +6.40% |
| 2017-12-31 | ฿428.36 Million | -4.93% |
| 2016-12-31 | ฿450.56 Million | -5.16% |
| 2015-12-31 | ฿475.07 Million | -7.86% |
| 2014-12-31 | ฿515.61 Million | -5.93% |
| 2013-12-31 | ฿548.09 Million | +113.26% |
| 2012-12-31 | ฿257.00 Million | -6.69% |
| 2011-12-31 | ฿275.42 Million | +11.10% |
| 2010-12-31 | ฿247.91 Million | -4.73% |
| 2009-12-31 | ฿260.22 Million | -9.35% |
| 2008-12-31 | ฿287.05 Million | -18.83% |
| 2007-12-31 | ฿353.62 Million | -0.48% |
| 2006-12-31 | ฿355.33 Million | -43.54% |
| 2005-12-31 | ฿629.35 Million | -9.90% |
| 2004-12-31 | ฿698.46 Million | +16.04% |
| 2003-12-31 | ฿601.91 Million | +81.44% |
| 2002-12-31 | ฿331.73 Million | +13.08% |
| 2001-12-31 | ฿293.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thonburi Medical Centre 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 735.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿213.48 Million | 26.61% |
| Common Stock | ฿193.84 Million | 24.16% |
| Other Comprehensive Income | ฿22.50 Million | 2.80% |
| Other Components | ฿372.58 Million | 46.43% |
| Total Equity | ฿802.40 Million | 100.00% |
Thonburi Medical Centre Public Company Limited Competitors by Market Cap
The table below lists competitors of Thonburi Medical Centre Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AQUILA ENERGY EFF.TR.-01
F:9YE
|
$14.22 Million |
|
PT Boston Furniture Industries Tbk
JK:SOFA
|
$14.22 Million |
|
Bakrie & Brothers Tbk
JK:BNBR
|
$14.23 Million |
|
Kocom Co. Ltd
KQ:015710
|
$14.24 Million |
|
Sealink International Bhd
KLSE:5145
|
$14.21 Million |
|
IMPRESA SGPS SA NOM.EO05
F:IR9
|
$14.21 Million |
|
SINCLAIRS HOTELS ORD (BSE)
NSE:SINCLAIR
|
$14.20 Million |
|
L-Konzept Holding AG
F:LKB
|
$14.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thonburi Medical Centre Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 704,738,260 to 802,402,235, a change of 97,663,975 (13.9%).
- Net income of 140,635,916 contributed positively to equity growth.
- Dividend payments of 38,162,181 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿140.64 Million | +17.53% |
| Dividends Paid | ฿38.16 Million | -4.76% |
| Other Changes | ฿-4.81 Million | -0.6% |
| Total Change | ฿- | 13.86% |
Book Value vs Market Value Analysis
This analysis compares Thonburi Medical Centre 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: 1.99x
- 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 4.41x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ฿18.70 | ฿82.50 | x |
| 2003-12-31 | ฿36.17 | ฿82.50 | x |
| 2004-12-31 | ฿34.99 | ฿82.50 | x |
| 2005-12-31 | ฿34.76 | ฿82.50 | x |
| 2006-12-31 | ฿18.35 | ฿82.50 | x |
| 2007-12-31 | ฿23.13 | ฿82.50 | x |
| 2008-12-31 | ฿18.46 | ฿82.50 | x |
| 2009-12-31 | ฿17.01 | ฿82.50 | x |
| 2010-12-31 | ฿16.18 | ฿82.50 | x |
| 2011-12-31 | ฿17.97 | ฿82.50 | x |
| 2012-12-31 | ฿16.80 | ฿82.50 | x |
| 2013-12-31 | ฿35.21 | ฿82.50 | x |
| 2014-12-31 | ฿26.60 | ฿82.50 | x |
| 2015-12-31 | ฿24.51 | ฿82.50 | x |
| 2016-12-31 | ฿23.24 | ฿82.50 | x |
| 2017-12-31 | ฿22.10 | ฿82.50 | x |
| 2018-12-31 | ฿23.51 | ฿82.50 | x |
| 2019-12-31 | ฿24.65 | ฿82.50 | x |
| 2020-12-31 | ฿24.11 | ฿82.50 | x |
| 2021-12-31 | ฿26.18 | ฿82.50 | x |
| 2022-12-31 | ฿31.66 | ฿82.50 | x |
| 2023-12-31 | ฿36.36 | ฿82.50 | x |
| 2024-12-31 | ฿41.39 | ฿82.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thonburi Medical Centre 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): 17.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.78%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.27x
- Recent ROE (17.53%) is above the historical average (4.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 1.72% | 1.45% | 0.54x | 2.18x | ฿-18.15 Million |
| 2002 | 14.85% | 10.54% | 0.74x | 1.91x | ฿12.49 Million |
| 2003 | 5.36% | 7.11% | 0.54x | 1.38x | ฿-24.54 Million |
| 2004 | 5.55% | 7.28% | 0.57x | 1.33x | ฿-23.88 Million |
| 2005 | 5.50% | 7.41% | 0.56x | 1.33x | ฿-23.94 Million |
| 2006 | 7.70% | 4.86% | 1.10x | 1.44x | ฿-6.45 Million |
| 2007 | 24.92% | 17.57% | 1.21x | 1.17x | ฿52.76 Million |
| 2008 | -1.33% | -1.10% | 1.03x | 1.17x | ฿-32.52 Million |
| 2009 | -7.43% | -6.02% | 1.03x | 1.20x | ฿-45.35 Million |
| 2010 | -1.94% | -1.39% | 1.18x | 1.19x | ฿-29.60 Million |
| 2011 | 12.71% | 13.81% | 0.81x | 1.14x | ฿7.47 Million |
| 2012 | 5.17% | 4.51% | 0.96x | 1.19x | ฿-12.42 Million |
| 2013 | -11.00% | -18.69% | 0.47x | 1.24x | ฿-115.09 Million |
| 2014 | -6.30% | -9.39% | 0.54x | 1.25x | ฿-84.05 Million |
| 2015 | -9.19% | -9.85% | 0.67x | 1.38x | ฿-91.16 Million |
| 2016 | -5.44% | -3.98% | 0.98x | 1.40x | ฿-69.57 Million |
| 2017 | -5.18% | -3.28% | 1.13x | 1.39x | ฿-65.04 Million |
| 2018 | 6.83% | 4.06% | 1.22x | 1.38x | ฿-14.47 Million |
| 2019 | 5.19% | 2.62% | 1.52x | 1.30x | ฿-22.99 Million |
| 2020 | -1.92% | -1.31% | 1.18x | 1.25x | ฿-55.73 Million |
| 2021 | 7.44% | 5.02% | 1.15x | 1.29x | ฿-13.01 Million |
| 2022 | 13.21% | 7.63% | 1.32x | 1.31x | ฿19.67 Million |
| 2023 | 14.98% | 8.95% | 1.34x | 1.24x | ฿35.11 Million |
| 2024 | 17.53% | 13.78% | 1.01x | 1.27x | ฿60.40 Million |
Industry Comparison
This section compares Thonburi Medical Centre Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $2,892,225,945
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thonburi Medical Centre Public Company Limited (KDH) | ฿880.47 Million | 1.72% | 0.22x | $14.22 Million |
| Aikchol Hospital Public Company Limited (AHC) | $1.55 Billion | 9.07% | 0.19x | $29.59 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $6.40 Billion | 17.03% | 0.97x | $429.99 Million |
| Bumrungrad Hospital PCL (BH) | $13.10 Billion | 26.23% | 0.63x | $3.50 Billion |
| Chularat Hospital Public Company Limited (CHG) | $1.12 Billion | 29.84% | 0.38x | $205.50 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.27 Billion | 8.36% | 0.67x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $106.33 Million | 39.99% | 1.05x | $9.07 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $953.94 Million | 16.80% | 0.15x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $123.73 Million | 56.28% | 0.53x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $123.08 Million | 37.33% | 0.31x | $7.20 Million |