Kiattana Transport Public Company Limited (KIAT) - Net Assets

Latest as of September 2025: ฿1.10 Billion THB ≈ $34.43 Million USD

Based on the latest financial reports, Kiattana Transport Public Company Limited (KIAT) has net assets worth ฿1.10 Billion THB (≈ $34.43 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.28 Billion ≈ $39.87 Million USD) and total liabilities (฿174.68 Million ≈ $5.44 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 Kiattana Transport Public Company Limite liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.10 Billion
% of Total Assets	86.34%
Annual Growth Rate	6.41%
5-Year Change	0.28%
10-Year Change	2.76%
Growth Volatility	16.69

Kiattana Transport Public Company Limited - Net Assets Trend (2009–2024)

This chart illustrates how Kiattana Transport Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Kiattana Transport Public Company Limite assets under control for the complete picture of this company's asset base.

Annual Net Assets for Kiattana Transport Public Company Limited (2009–2024)

The table below shows the annual net assets of Kiattana Transport Public Company Limited from 2009 to 2024. For live valuation and market cap data, see Kiattana Transport Public Company Limite (KIAT) market capitalisation.

Year	Net Assets	Change
2024-12-31	฿1.13 Billion ≈ $35.34 Million	-0.45%
2023-12-31	฿1.14 Billion ≈ $35.50 Million	-0.50%
2022-12-31	฿1.14 Billion ≈ $35.68 Million	+2.16%
2021-12-31	฿1.12 Billion ≈ $34.92 Million	-0.91%
2020-12-31	฿1.13 Billion ≈ $35.25 Million	+0.76%
2019-12-31	฿1.12 Billion ≈ $34.98 Million	+5.09%
2018-12-31	฿1.07 Billion ≈ $33.28 Million	-2.30%
2017-12-31	฿1.09 Billion ≈ $34.07 Million	-1.48%
2016-12-31	฿1.11 Billion ≈ $34.58 Million	+0.54%
2015-12-31	฿1.10 Billion ≈ $34.39 Million	+64.62%
2014-12-31	฿670.31 Million ≈ $20.89 Million	+9.18%
2013-12-31	฿613.96 Million ≈ $19.14 Million	-5.62%
2012-12-31	฿650.52 Million ≈ $20.28 Million	+5.20%
2011-12-31	฿618.37 Million ≈ $19.27 Million	+14.27%
2010-12-31	฿541.12 Million ≈ $16.87 Million	+21.12%
2009-12-31	฿446.76 Million ≈ $13.93 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Kiattana Transport 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 123.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿255.67 Million	22.68%
Common Stock	฿309.04 Million	27.42%
Other Comprehensive Income	฿38.60 Million	3.43%
Other Components	฿523.74 Million	46.47%
Total Equity	฿1.13 Billion	100.00%

Kiattana Transport Public Company Limited Competitors by Market Cap

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

Company	Market Cap
BPL Limited NSE:BPL	$29.60 Million
Tongyang Pile Inc KQ:228340	$29.61 Million
Colorpak Indonesia Tbk JK:CLPI	$29.62 Million
Astoria Investments Ltd JSE:ARA	$29.62 Million
Tons Lightology TWO:4972	$29.57 Million
Varengold Bank AG F:VG8	$29.57 Million
EyeGene Inc KQ:185490	$29.57 Million
Prestige Wealth Inc. Ordinary Shares NASDAQ:PWM	$29.55 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,131,730,404 to 1,127,055,140, a change of -4,675,264 (-0.4%).
Net income of 57,130,708 contributed positively to equity growth.
Dividend payments of 61,805,973 reduced retained earnings.
Other comprehensive income decreased equity by 343,062.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿57.13 Million	+5.07%
Dividends Paid	฿61.81 Million	-5.48%
Other Comprehensive Income	฿-343.06K	-0.03%
Other Changes	฿343.06K	+0.03%
Total Change	฿-	-0.41%

Book Value vs Market Value Analysis

This analysis compares Kiattana Transport 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: 0.85x
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 1.41x to 0.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	฿0.22	฿0.31	x
2010-12-31	฿0.22	฿0.31	x
2011-12-31	฿0.26	฿0.31	x
2012-12-31	฿0.27	฿0.31	x
2013-12-31	฿0.25	฿0.31	x
2014-12-31	฿0.28	฿0.31	x
2015-12-31	฿0.36	฿0.31	x
2016-12-31	฿0.34	฿0.31	x
2017-12-31	฿0.34	฿0.31	x
2018-12-31	฿0.34	฿0.31	x
2019-12-31	฿0.36	฿0.31	x
2020-12-31	฿0.36	฿0.31	x
2021-12-31	฿0.36	฿0.31	x
2022-12-31	฿0.37	฿0.31	x
2023-12-31	฿0.37	฿0.31	x
2024-12-31	฿0.36	฿0.31	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kiattana Transport 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): 5.07%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.04%
• Asset Turnover: 0.61x
• Equity Multiplier: 1.18x
Recent ROE (5.07%) is below the historical average (14.49%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	27.47%	43.56%	0.47x	1.34x	฿78.05 Million
2010	35.92%	22.60%	0.87x	1.82x	฿140.27 Million
2011	32.54%	20.09%	0.89x	1.83x	฿139.39 Million
2012	21.08%	14.08%	0.97x	1.55x	฿72.06 Million
2013	19.13%	11.66%	0.95x	1.73x	฿56.03 Million
2014	14.92%	11.55%	0.84x	1.54x	฿33.00 Million
2015	10.23%	13.67%	0.62x	1.21x	฿2.58 Million
2016	10.39%	14.06%	0.66x	1.11x	฿4.33 Million
2017	8.13%	10.28%	0.70x	1.12x	฿-20.38 Million
2018	0.58%	0.59%	0.87x	1.12x	฿-100.22 Million
2019	9.84%	11.73%	0.77x	1.10x	฿-1.75 Million
2020	13.93%	20.02%	0.63x	1.11x	฿44.29 Million
2021	7.05%	10.46%	0.62x	1.10x	฿-32.91 Million
2022	7.98%	10.30%	0.65x	1.19x	฿-23.02 Million
2023	7.62%	10.89%	0.59x	1.19x	฿-26.89 Million
2024	5.07%	7.04%	0.61x	1.18x	฿-55.57 Million

Industry Comparison

This section compares Kiattana Transport Public Company Limited's net assets metrics with peer companies in the Trucking industry.

No peer company data available for comparison.

About Kiattana Transport Public Company Limited

BK:KIAT Thailand Trucking

Market Cap

$29.57 Million

฿948.82 Million THB

Market Cap Rank

#23763 Global

#434 in Thailand

Share Price

฿0.31

Change (1 day)

+0.00%

52-Week Range

฿0.28 - ฿0.35

All Time High

฿0.64