Kiattana Transport Public Company Limited (KIAT) - Net Assets

Latest as of March 2026: ฿1.07 Billion THB ≈ $33.40 Million USD

Based on the latest financial reports, Kiattana Transport Public Company Limited (KIAT) has net assets worth ฿1.07 Billion THB (≈ $33.40 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.18 Billion ≈ $36.90 Million USD) and total liabilities (฿112.18 Million ≈ $3.50 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 KIAT strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.07 Billion
% of Total Assets	90.52%
Annual Growth Rate	5.74%
5-Year Change	-2.65%
10-Year Change	-1.68%
Growth Volatility	16.39

Kiattana Transport Public Company Limited - Net Assets Trend (2009–2025)

This chart illustrates how Kiattana Transport Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see KIAT market cap.

Annual Net Assets for Kiattana Transport Public Company Limited (2009–2025)

The table below shows the annual net assets of Kiattana Transport Public Company Limited from 2009 to 2025. Also explore net asset momentum of Kiattana Transport Public Company Limite to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	฿1.09 Billion ≈ $34.00 Million	-3.81%
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 86.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿212.90 Million	19.64%
Common Stock	฿309.04 Million	28.51%
Other Comprehensive Income	฿52.97 Million	4.89%
Other Components	฿509.03 Million	46.96%
Total Equity	฿1.08 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
Gadang Holdings Bhd KLSE:9261	$30.16 Million
Jiangsu Wuzhong Industrial Co Ltd SHG:600200	$30.17 Million
Taya Inv-L TA:TAYA	$30.17 Million
Paratech Company Limited KQ:033540	$30.18 Million
Exxaro Tiles Limited NSE:EXXARO	$30.14 Million
Urban One Inc Class D NASDAQ:UONEK	$30.13 Million
Tate & Lyle PLC LSE:TATE	$30.13 Million
IFCA MSC Bhd KLSE:0023	$30.12 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 2024 to 2025, total equity changed from 1,127,055,140 to 1,083,939,458, a change of -43,115,682 (-3.8%).
Net income of 34,084,732 contributed positively to equity growth.
Dividend payments of 61,508,886 reduced retained earnings.
Share repurchases of 14,364,499 reduced equity.
Other comprehensive income increased equity by 14,364,499.
Other factors decreased equity by 15,691,528.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿34.08 Million	+3.14%
Dividends Paid	฿61.51 Million	-5.67%
Share Repurchases	฿14.36 Million	-1.33%
Other Comprehensive Income	฿14.36 Million	+1.33%
Other Changes	฿-15.69 Million	-1.45%
Total Change	฿-	-3.83%

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: 0.93x
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 1.51x to 0.93x 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	฿0.33	x
2010-12-31	฿0.22	฿0.33	x
2011-12-31	฿0.26	฿0.33	x
2012-12-31	฿0.27	฿0.33	x
2013-12-31	฿0.25	฿0.33	x
2014-12-31	฿0.28	฿0.33	x
2015-12-31	฿0.36	฿0.33	x
2016-12-31	฿0.34	฿0.33	x
2017-12-31	฿0.34	฿0.33	x
2018-12-31	฿0.34	฿0.33	x
2019-12-31	฿0.36	฿0.33	x
2020-12-31	฿0.36	฿0.33	x
2021-12-31	฿0.36	฿0.33	x
2022-12-31	฿0.37	฿0.33	x
2023-12-31	฿0.37	฿0.33	x
2024-12-31	฿0.36	฿0.33	x
2025-12-31	฿0.35	฿0.33	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): 3.14%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.57%
• Asset Turnover: 0.60x
• Equity Multiplier: 1.15x
Recent ROE (3.14%) is below the historical average (13.83%), 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
2025	3.14%	4.57%	0.60x	1.15x	฿-74.31 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

$30.15 Million

฿967.22 Million THB

Market Cap Rank

#23861 Global

#441 in Thailand

Share Price

฿0.33

Change (1 day)

-2.94%

52-Week Range

฿0.29 - ฿0.36

All Time High

฿0.64