Lanna Resources Public Company Limited
Lanna Resources Public Company Limited, together with its subsidiaries, manufacture and distributes coal. It operates through four segments: Domestic Coal, Overseas Coal, Ethanol, and Biomass Fuel Pellet. The company also purchases and sells coal; produces and distribution coal, ethanol, wood pellets, and soil amendment substances; and generates and distributes power. In addition, it is involved … Read more
Lanna Resources Public Company Limited (LANNA) - Net Assets
Latest net assets as of September 2025: ฿10.36 Billion THB
Based on the latest financial reports, Lanna Resources Public Company Limited (LANNA) has net assets worth ฿10.36 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 (฿14.07 Billion) and total liabilities (฿3.72 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 | ฿10.36 Billion |
| % of Total Assets | 73.58% |
| Annual Growth Rate | 8.28% |
| 5-Year Change | 82.96% |
| 10-Year Change | 84.47% |
| Growth Volatility | 9.86 |
Lanna Resources Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Lanna Resources 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 Lanna Resources Public Company Limited (2000–2024)
The table below shows the annual net assets of Lanna Resources Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿11.03 Billion | +3.41% |
| 2023-12-31 | ฿10.67 Billion | +10.21% |
| 2022-12-31 | ฿9.68 Billion | +27.71% |
| 2021-12-31 | ฿7.58 Billion | +25.72% |
| 2020-12-31 | ฿6.03 Billion | +0.83% |
| 2019-12-31 | ฿5.98 Billion | +1.10% |
| 2018-12-31 | ฿5.92 Billion | +0.35% |
| 2017-12-31 | ฿5.90 Billion | +1.53% |
| 2016-12-31 | ฿5.81 Billion | -2.92% |
| 2015-12-31 | ฿5.98 Billion | +2.38% |
| 2014-12-31 | ฿5.84 Billion | +15.86% |
| 2013-12-31 | ฿5.04 Billion | +12.41% |
| 2012-12-31 | ฿4.49 Billion | +9.99% |
| 2011-12-31 | ฿4.08 Billion | +28.10% |
| 2010-12-31 | ฿3.18 Billion | +11.36% |
| 2009-12-31 | ฿2.86 Billion | +18.23% |
| 2008-12-31 | ฿2.42 Billion | +7.77% |
| 2007-12-31 | ฿2.24 Billion | +7.45% |
| 2006-12-31 | ฿2.09 Billion | +12.35% |
| 2005-12-31 | ฿1.86 Billion | +19.91% |
| 2004-12-31 | ฿1.55 Billion | -8.73% |
| 2003-12-31 | ฿1.70 Billion | -0.16% |
| 2002-12-31 | ฿1.70 Billion | -4.45% |
| 2001-12-31 | ฿1.78 Billion | +8.89% |
| 2000-12-31 | ฿1.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lanna Resources 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 2046.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿5.83 Billion | 68.49% |
| Common Stock | ฿525.00 Million | 6.16% |
| Other Comprehensive Income | ฿1.36 Billion | 16.01% |
| Other Components | ฿795.16 Million | 9.34% |
| Total Equity | ฿8.52 Billion | 100.00% |
Lanna Resources Public Company Limited Competitors by Market Cap
The table below lists competitors of Lanna Resources Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Abion Inc.
KQ:203400
|
$75.09 Million |
|
KLARABO SVERIGE AB
F:F5H
|
$75.13 Million |
|
Landec Corporation
F:LDE
|
$75.13 Million |
|
BOS L ZY 10
F:967
|
$75.14 Million |
|
Richmond International Travel & Tours Co Ltd
TWO:2743
|
$75.04 Million |
|
FULL HOUSE RES DL-0001
F:F4L
|
$75.02 Million |
|
CI Games SA
WAR:CIG
|
$75.00 Million |
|
Azkoyen
MC:AZK
|
$74.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lanna Resources Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,106,511,752 to 8,516,380,768, a change of 409,869,016 (5.1%).
- Net income of 1,664,177,327 contributed positively to equity growth.
- Dividend payments of 2,253,532,737 reduced retained earnings.
- Other comprehensive income decreased equity by 84,695,787.
- Other factors increased equity by 1,083,920,213.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.66 Billion | +19.54% |
| Dividends Paid | ฿2.25 Billion | -26.46% |
| Other Comprehensive Income | ฿-84.70 Million | -0.99% |
| Other Changes | ฿1.08 Billion | +12.73% |
| Total Change | ฿- | 5.06% |
Book Value vs Market Value Analysis
This analysis compares Lanna Resources 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: 0.96x
- 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 5.36x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ฿2.91 | ฿15.60 | x |
| 2004-12-31 | ฿2.45 | ฿15.60 | x |
| 2005-12-31 | ฿2.89 | ฿15.60 | x |
| 2006-12-31 | ฿3.28 | ฿15.60 | x |
| 2007-12-31 | ฿3.52 | ฿15.60 | x |
| 2008-12-31 | ฿3.97 | ฿15.60 | x |
| 2009-12-31 | ฿4.59 | ฿15.60 | x |
| 2010-12-31 | ฿5.00 | ฿15.60 | x |
| 2011-12-31 | ฿6.23 | ฿15.60 | x |
| 2012-12-31 | ฿6.88 | ฿15.60 | x |
| 2013-12-31 | ฿7.63 | ฿15.60 | x |
| 2014-12-31 | ฿7.97 | ฿15.60 | x |
| 2015-12-31 | ฿8.11 | ฿15.60 | x |
| 2016-12-31 | ฿7.84 | ฿15.60 | x |
| 2017-12-31 | ฿8.26 | ฿15.60 | x |
| 2018-12-31 | ฿8.31 | ฿15.60 | x |
| 2019-12-31 | ฿8.31 | ฿15.60 | x |
| 2020-12-31 | ฿8.39 | ฿15.60 | x |
| 2021-12-31 | ฿10.83 | ฿15.60 | x |
| 2022-12-31 | ฿14.16 | ฿15.60 | x |
| 2023-12-31 | ฿15.44 | ฿15.60 | x |
| 2024-12-31 | ฿16.22 | ฿15.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lanna Resources 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): 19.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.01%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 1.73x
- Recent ROE (19.54%) is below the historical average (22.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 32.76% | 58.56% | 0.40x | 1.40x | ฿370.78 Million |
| 2002 | 6.06% | 5.80% | 0.83x | 1.26x | ฿-60.94 Million |
| 2003 | 3.89% | 3.32% | 0.89x | 1.31x | ฿-91.00 Million |
| 2004 | 13.33% | 6.92% | 0.91x | 2.11x | ฿43.03 Million |
| 2005 | 22.39% | 8.36% | 1.22x | 2.20x | ฿187.78 Million |
| 2006 | 22.57% | 7.06% | 1.59x | 2.01x | ฿216.08 Million |
| 2007 | 29.94% | 9.18% | 1.80x | 1.81x | ฿368.60 Million |
| 2008 | 40.87% | 11.39% | 1.97x | 1.82x | ฿643.29 Million |
| 2009 | 27.18% | 12.07% | 1.25x | 1.81x | ฿413.80 Million |
| 2010 | 25.71% | 7.55% | 1.52x | 2.24x | ฿412.22 Million |
| 2011 | 31.90% | 8.03% | 1.80x | 2.21x | ฿716.31 Million |
| 2012 | 25.35% | 6.85% | 1.77x | 2.09x | ฿554.49 Million |
| 2013 | 14.30% | 4.72% | 1.42x | 2.13x | ฿171.96 Million |
| 2014 | 10.29% | 3.53% | 1.36x | 2.14x | ฿12.06 Million |
| 2015 | 7.27% | 3.05% | 1.16x | 2.06x | ฿-116.13 Million |
| 2016 | 6.59% | 3.10% | 1.03x | 2.07x | ฿-140.40 Million |
| 2017 | 16.81% | 6.04% | 1.38x | 2.02x | ฿295.55 Million |
| 2018 | 13.77% | 4.79% | 1.30x | 2.21x | ฿164.30 Million |
| 2019 | 18.13% | 8.55% | 0.95x | 2.23x | ฿354.71 Million |
| 2020 | 9.34% | 4.33% | 1.03x | 2.10x | ฿-28.96 Million |
| 2021 | 47.77% | 17.27% | 1.31x | 2.12x | ฿2.15 Billion |
| 2022 | 65.82% | 19.44% | 1.68x | 2.01x | ฿4.15 Billion |
| 2023 | 25.76% | 9.13% | 1.54x | 1.83x | ฿1.28 Billion |
| 2024 | 19.54% | 8.01% | 1.41x | 1.73x | ฿812.54 Million |
Industry Comparison
This section compares Lanna Resources Public Company Limited's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $2,441,676,726
- Average return on equity (ROE) among peers: -13.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lanna Resources Public Company Limited (LANNA) | ฿10.36 Billion | 32.76% | 0.36x | $75.08 Million |
| Asia Green Energy Public Company Limited (AGE) | $509.57 Million | 24.95% | 3.37x | $21.00 Million |
| Banpu Public Company Limited (BANPU) | $6.61 Billion | 0.00% | 1.08x | $1.41 Billion |
| Unique Mining Services Public Company Limited (UMS) | $207.71 Million | -66.09% | 5.24x | $1.21 Million |