KT Medical Service PCL
KT Medical Service Public Company Limited engages in the operation of hemodialysis centers in Thailand. It also involved in design, assembly, installation, and maintenance of pure water treatment system and service; and design and installation of pneumatic tube system equipment for medical service. The company's water treatment system is used in commercial, residential, medical service, industria… Read more
KT Medical Service PCL (KTMS) - Net Assets
Latest net assets as of September 2024: ฿500.59 Million THB
Based on the latest financial reports, KT Medical Service PCL (KTMS) has net assets worth ฿500.59 Million THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿752.38 Million) and total liabilities (฿251.79 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 | ฿500.59 Million |
| % of Total Assets | 66.53% |
| Annual Growth Rate | 69.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 233.61 |
KT Medical Service PCL - Net Assets Trend (2019–2023)
This chart illustrates how KT Medical Service PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KT Medical Service PCL (2019–2023)
The table below shows the annual net assets of KT Medical Service PCL from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿493.69 Million | +1.39% |
| 2022-12-31 | ฿486.91 Million | +109.22% |
| 2021-12-31 | ฿232.73 Million | +547.86% |
| 2020-12-31 | ฿35.92 Million | -40.63% |
| 2019-12-31 | ฿60.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KT Medical Service PCL'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 204.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿23.70 Million | 4.84% |
| Common Stock | ฿150.00 Million | 30.62% |
| Other Comprehensive Income | ฿1.07 Million | 0.22% |
| Other Components | ฿315.12 Million | 64.33% |
| Total Equity | ฿489.88 Million | 100.00% |
KT Medical Service PCL Competitors by Market Cap
The table below lists competitors of KT Medical Service PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Euromedis Groupe SA
PA:ALEMG
|
$4.87 Million |
|
Vertex Energy Inc
NASDAQ:VTNR
|
$4.87 Million |
|
Plasson Indus
TA:PLSN
|
$4.87 Million |
|
CJ Century Logistics Holdings Bhd
KLSE:7117
|
$4.88 Million |
|
Nawi Brothers Group Ltd
TA:NAWI
|
$4.87 Million |
|
Solstice Gold Corp
PINK:SGCPF
|
$4.87 Million |
|
Saga Furs Oyj C
HE:SAGCV
|
$4.86 Million |
|
PT Sinergi Multi Lestarindo Tb
JK:SMLE
|
$4.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KT Medical Service PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 485,484,444 to 489,883,460, a change of 4,399,016 (0.9%).
- Net income of 14,209,016 contributed positively to equity growth.
- Dividend payments of 9,806,182 reduced retained earnings.
- Other comprehensive income increased equity by 520,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿14.21 Million | +2.9% |
| Dividends Paid | ฿9.81 Million | -2.0% |
| Other Comprehensive Income | ฿520.00K | +0.11% |
| Other Changes | ฿-523.82K | -0.11% |
| Total Change | ฿- | 0.91% |
Book Value vs Market Value Analysis
This analysis compares KT Medical Service PCL'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: 1.05x
- 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 2.74x to 1.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ฿0.62 | ฿1.71 | x |
| 2020-12-31 | ฿0.47 | ฿1.71 | x |
| 2021-12-31 | ฿3.04 | ฿1.71 | x |
| 2022-12-31 | ฿2.14 | ฿1.71 | x |
| 2023-12-31 | ฿1.63 | ฿1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KT Medical Service PCL 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): 2.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.12%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.35x
- Recent ROE (2.90%) is above the historical average (-11.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 2.07% | 0.55% | 0.81x | 4.70x | ฿-3.79 Million |
| 2020 | -74.13% | -12.59% | 0.76x | 7.76x | ฿-30.22 Million |
| 2021 | 7.22% | 5.43% | 0.80x | 1.67x | ฿-6.47 Million |
| 2022 | 4.36% | 5.61% | 0.55x | 1.41x | ฿-27.37 Million |
| 2023 | 2.90% | 3.12% | 0.69x | 1.35x | ฿-34.78 Million |
Industry Comparison
This section compares KT Medical Service PCL'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 |
|---|---|---|---|---|
| KT Medical Service PCL (KTMS) | ฿500.59 Million | 2.07% | 0.50x | $4.87 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 |