Villa Kunalai Public Company Limited
Villa Kunalai Public Company Limited engages in the property development business in Thailand. Villa Kunalai Public Company Limited was founded in 2007 and is headquartered in Bang Bua Thong, Thailand.
Villa Kunalai Public Company Limited (KUN) - Net Assets
Latest net assets as of September 2025: ฿860.85 Million THB
Based on the latest financial reports, Villa Kunalai Public Company Limited (KUN) has net assets worth ฿860.85 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 (฿2.84 Billion) and total liabilities (฿1.97 Billion). 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 | ฿860.85 Million |
| % of Total Assets | 30.36% |
| Annual Growth Rate | 14.89% |
| 5-Year Change | 67.31% |
| 10-Year Change | N/A |
| Growth Volatility | 18.19 |
Villa Kunalai Public Company Limited - Net Assets Trend (2015–2024)
This chart illustrates how Villa Kunalai 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 Villa Kunalai Public Company Limited (2015–2024)
The table below shows the annual net assets of Villa Kunalai Public Company Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿858.26 Million | +10.23% |
| 2023-12-31 | ฿778.61 Million | +21.49% |
| 2022-12-31 | ฿640.90 Million | +2.79% |
| 2021-12-31 | ฿623.50 Million | +21.55% |
| 2020-12-31 | ฿512.96 Million | +11.75% |
| 2019-12-31 | ฿459.05 Million | +55.46% |
| 2018-12-31 | ฿295.29 Million | -5.88% |
| 2017-12-31 | ฿313.73 Million | +32.43% |
| 2016-12-31 | ฿236.91 Million | -3.68% |
| 2015-12-31 | ฿245.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Villa Kunalai 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 129.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿185.81 Million | 21.69% |
| Other Components | ฿670.95 Million | 78.31% |
| Total Equity | ฿856.76 Million | 100.00% |
Villa Kunalai Public Company Limited Competitors by Market Cap
The table below lists competitors of Villa Kunalai Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lomiko Metals Inc
OTCQB:LMRMF
|
$6.32 Million |
|
Perdana Bangun Pusaka Tbk PT
JK:KONI
|
$6.32 Million |
|
Panostaja Oyj
HE:PNA1V
|
$6.32 Million |
|
Mirriad Advertising plc
PINK:MMDDF
|
$6.32 Million |
|
SOKOMAN MINLS CORP.
F:3PJ1
|
$6.31 Million |
|
B90 HOLDINGS PLC
F:24GN
|
$6.31 Million |
|
Aeris Indústria e Comércio de Equipamentos para Geração de Energia S.A
SA:AERI3
|
$6.31 Million |
|
OEX S.A.
WAR:OEX
|
$6.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Villa Kunalai Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 777,042,486 to 856,762,791, a change of 79,720,305 (10.3%).
- Net income of 29,720,274 contributed positively to equity growth.
- New share issuances of 50,000,031 increased equity.
- Other comprehensive income decreased equity by 34,598,535.
- Other factors increased equity by 34,598,535.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿29.72 Million | +3.47% |
| Share Issuances | ฿50.00 Million | +5.84% |
| Other Comprehensive Income | ฿-34.60 Million | -4.04% |
| Other Changes | ฿34.60 Million | +4.04% |
| Total Change | ฿- | 10.26% |
Book Value vs Market Value Analysis
This analysis compares Villa Kunalai 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: 0.69x
- 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 1.06x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ฿0.68 | ฿0.72 | x |
| 2016-12-31 | ฿0.68 | ฿0.72 | x |
| 2017-12-31 | ฿0.91 | ฿0.72 | x |
| 2018-12-31 | ฿0.57 | ฿0.72 | x |
| 2019-12-31 | ฿0.87 | ฿0.72 | x |
| 2020-12-31 | ฿0.74 | ฿0.72 | x |
| 2021-12-31 | ฿0.90 | ฿0.72 | x |
| 2022-12-31 | ฿0.93 | ฿0.72 | x |
| 2023-12-31 | ฿1.08 | ฿0.72 | x |
| 2024-12-31 | ฿1.05 | ฿0.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Villa Kunalai 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): 3.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.48%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.37x
- Recent ROE (3.47%) is below the historical average (11.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 21.52% | 12.48% | 0.65x | 2.64x | ฿28.32 Million |
| 2016 | 2.88% | 2.32% | 0.37x | 3.39x | ฿-16.81 Million |
| 2017 | 3.44% | 2.40% | 0.56x | 2.57x | ฿-20.50 Million |
| 2018 | 3.83% | 2.53% | 0.55x | 2.78x | ฿-18.13 Million |
| 2019 | 12.30% | 8.67% | 0.69x | 2.05x | ฿10.53 Million |
| 2020 | 16.54% | 10.59% | 0.77x | 2.02x | ฿33.49 Million |
| 2021 | 25.03% | 15.71% | 0.54x | 2.93x | ฿93.56 Million |
| 2022 | 16.64% | 10.63% | 0.44x | 3.55x | ฿42.48 Million |
| 2023 | 6.52% | 6.96% | 0.25x | 3.70x | ฿-27.02 Million |
| 2024 | 3.47% | 4.48% | 0.23x | 3.37x | ฿-55.96 Million |
Industry Comparison
This section compares Villa Kunalai Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $5,782,610,297
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Villa Kunalai Public Company Limited (KUN) | ฿860.85 Million | 21.52% | 2.29x | $6.31 Million |
| Areeya Property Public Company Limited (A) | $3.11 Billion | -11.12% | 3.14x | $24.02 Million |
| Asset Five Group PCL (A5) | $1.40 Billion | 36.13% | 1.44x | $20.21 Million |
| AKS Corporation Public Company Limited (AKS) | $2.92 Billion | 4.40% | 1.17x | $2.35 Million |
| Alpha Divisions PCL (ALPHAX) | $187.30 Million | 8.66% | 0.63x | $54.26 Million |
| Amata Corporation Public Company Limited (AMATA-R) | $14.97 Billion | 9.41% | 0.96x | $384.26 Million |
| Ananda Development Public Company Limited (ANAN) | $4.92 Billion | -5.84% | 0.90x | $18.46 Million |
| AP (Thailand) Public Company Limited (AP-R) | $24.38 Billion | 15.86% | 1.02x | $605.57 Million |
| Arinsiri Land Public Company Limited (ARIN) | $9.74 Million | -2.64% | 28.78x | $5.22 Million |
| Bless Asset Group PCL (BLESS) | $582.78 Million | 10.14% | 1.76x | $1.59 Million |
| Britania PCL (BRI) | $5.35 Billion | 22.34% | 2.72x | $8.35 Million |