Masterkool International Public Company Limited
CL Venture Public Company Limited, together with its subsidiaries, produces, sells, and services cooling products in Thailand. It operates through Sale of Cooling Products and Related Services, Financial Services, Property Development, and Vehicles for Rent segments. The company offers evaporative air coolers and misting fans under the MASTERKOOL and CoolTop brands; design, installation, and serv… Read more
Masterkool International Public Company Limited (KOOL) - Net Assets
Latest net assets as of September 2025: ฿1.46 Billion THB
Based on the latest financial reports, Masterkool International Public Company Limited (KOOL) has net assets worth ฿1.46 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 (฿1.89 Billion) and total liabilities (฿431.75 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 | ฿1.46 Billion |
| % of Total Assets | 77.12% |
| Annual Growth Rate | 27.84% |
| 5-Year Change | 674.79% |
| 10-Year Change | 352.3% |
| Growth Volatility | 86.74 |
Masterkool International Public Company Limited - Net Assets Trend (2012–2024)
This chart illustrates how Masterkool International 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 Masterkool International Public Company Limited (2012–2024)
The table below shows the annual net assets of Masterkool International Public Company Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.48 Billion | -0.02% |
| 2023-12-31 | ฿1.48 Billion | +6.12% |
| 2022-12-31 | ฿1.39 Billion | +245.85% |
| 2021-12-31 | ฿402.13 Million | +111.13% |
| 2020-12-31 | ฿190.47 Million | -3.36% |
| 2019-12-31 | ฿197.10 Million | +17.16% |
| 2018-12-31 | ฿168.23 Million | -39.71% |
| 2017-12-31 | ฿279.02 Million | -28.32% |
| 2016-12-31 | ฿389.26 Million | +19.31% |
| 2015-12-31 | ฿326.26 Million | +200.69% |
| 2014-12-31 | ฿108.51 Million | +27.22% |
| 2013-12-31 | ฿85.29 Million | +10.09% |
| 2012-12-31 | ฿77.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Masterkool International 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 108.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿58.83 Million | 4.18% |
| Common Stock | ฿618.07 Million | 43.92% |
| Other Comprehensive Income | ฿57.13 Million | 4.06% |
| Other Components | ฿673.29 Million | 47.84% |
| Total Equity | ฿1.41 Billion | 100.00% |
Masterkool International Public Company Limited Competitors by Market Cap
The table below lists competitors of Masterkool International Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRC Construction Public Company Limited
BK:TRC
|
$11.65 Million |
|
Pungkang Co. Ltd
KQ:093380
|
$11.65 Million |
|
Medifron DBT Co. Ltd
KQ:065650
|
$11.65 Million |
|
Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company
AT:IKTIN
|
$11.65 Million |
|
MClean Technologies Bhd
KLSE:0167
|
$11.63 Million |
|
Hung Thinh Incons JSC
VN:HTN
|
$11.63 Million |
|
Samart Telcoms Public Company Limited
BK:SAMTEL
|
$11.63 Million |
|
Natural Alternatives International
NASDAQ:NAII
|
$11.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Masterkool International Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,411,188,239 to 1,407,324,815, a change of -3,863,424 (-0.3%).
- Net income of 54,315,732 contributed positively to equity growth.
- Dividend payments of 29,996,631 reduced retained earnings.
- Share repurchases of 17,603,230 reduced equity.
- Other comprehensive income increased equity by 19,703,230.
- Other factors decreased equity by 30,282,525.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿54.32 Million | +3.86% |
| Dividends Paid | ฿30.00 Million | -2.13% |
| Share Repurchases | ฿17.60 Million | -1.25% |
| Other Comprehensive Income | ฿19.70 Million | +1.4% |
| Other Changes | ฿-30.28 Million | -2.15% |
| Total Change | ฿- | -0.27% |
Book Value vs Market Value Analysis
This analysis compares Masterkool International 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: 0.47x
- 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 1.90x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿0.15 | ฿0.28 | x |
| 2014-12-31 | ฿0.22 | ฿0.28 | x |
| 2015-12-31 | ฿0.51 | ฿0.28 | x |
| 2016-12-31 | ฿0.50 | ฿0.28 | x |
| 2017-12-31 | ฿0.36 | ฿0.28 | x |
| 2018-12-31 | ฿0.22 | ฿0.28 | x |
| 2019-12-31 | ฿0.26 | ฿0.28 | x |
| 2020-12-31 | ฿0.25 | ฿0.28 | x |
| 2021-12-31 | ฿0.50 | ฿0.28 | x |
| 2022-12-31 | ฿0.74 | ฿0.28 | x |
| 2023-12-31 | ฿0.58 | ฿0.28 | x |
| 2024-12-31 | ฿0.59 | ฿0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Masterkool International 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): 3.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.53%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.39x
- Recent ROE (3.86%) is above the historical average (-1.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.18% | 0.89% | 1.42x | 2.53x | ฿-5.81 Million |
| 2014 | 28.94% | 6.85% | 1.43x | 2.95x | ฿20.55 Million |
| 2015 | 2.46% | 1.26% | 1.16x | 1.68x | ฿-24.60 Million |
| 2016 | 22.35% | 9.87% | 1.55x | 1.46x | ฿48.07 Million |
| 2017 | -30.19% | -15.64% | 0.99x | 1.94x | ฿-112.14 Million |
| 2018 | -64.73% | -19.25% | 1.23x | 2.73x | ฿-125.71 Million |
| 2019 | 15.71% | 4.42% | 1.45x | 2.44x | ฿11.26 Million |
| 2020 | -1.85% | -0.48% | 1.40x | 2.75x | ฿-22.56 Million |
| 2021 | -5.31% | -4.11% | 0.82x | 1.57x | ฿-61.58 Million |
| 2022 | 2.96% | 7.93% | 0.33x | 1.12x | ฿-97.78 Million |
| 2023 | 4.98% | 15.15% | 0.24x | 1.38x | ฿-70.88 Million |
| 2024 | 3.86% | 7.53% | 0.37x | 1.39x | ฿-86.42 Million |
Industry Comparison
This section compares Masterkool International Public Company Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $1,992,602,934
- Average return on equity (ROE) among peers: 12.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Masterkool International Public Company Limited (KOOL) | ฿1.46 Billion | 3.18% | 0.30x | $11.64 Million |
| Chic Republic PCL (CHIC) | $606.70 Million | 5.63% | 2.08x | $2.31 Million |
| East Coast Furnitech Public Company Limited (ECF) | $1.45 Billion | 2.33% | 1.35x | $679.02K |
| EURO CREATIONS PUBLIC COMPANY LIMITED (EURO) | $220.97 Million | 48.04% | 4.63x | $9.44 Million |
| Fancy Wood Industries Public Company Limited (FANCY) | $1.52 Billion | 16.74% | 0.09x | $2.87 Million |
| Home Pottery Public Company Limited (HPT) | $318.50 Million | 7.42% | 0.18x | $4.01 Million |
| Index Living Mall Public Company Limited (ILM) | $4.65 Billion | 10.63% | 1.65x | $37.42 Million |
| Itthirit Nice Corp. PCL (ITTHI) | $346.24 Million | 6.70% | 0.45x | $3.13 Million |
| Kang Yong Electric Public Company Limited (KYE) | $6.38 Billion | 11.28% | 0.28x | $44.05 Million |
| Modernform Group Public Company Limited (MODERN) | $2.45 Billion | 7.07% | 0.50x | $22.15 Million |