LDC Dental Public Company Limited
LDC Dental Public Company Limited operates a dental clinic center in Thailand. It provides dentistry services, including orthodontics, implants, cosmetic and pedodontist dentistry, prosthodontics, endodontics, oral surgery, periodontics, orthodontics, restoratives, and preventative dentistry, as well as x-ray services; and sells dental related products. The company was founded in 1992 and is head… Read more
LDC Dental Public Company Limited (LDC) - Net Assets
Latest net assets as of September 2025: ฿242.35 Million THB
Based on the latest financial reports, LDC Dental Public Company Limited (LDC) has net assets worth ฿242.35 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 (฿511.66 Million) and total liabilities (฿269.31 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 | ฿242.35 Million |
| % of Total Assets | 47.37% |
| Annual Growth Rate | 17.72% |
| 5-Year Change | 7.32% |
| 10-Year Change | 23.44% |
| Growth Volatility | 75.0 |
LDC Dental Public Company Limited - Net Assets Trend (2012–2024)
This chart illustrates how LDC Dental 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 LDC Dental Public Company Limited (2012–2024)
The table below shows the annual net assets of LDC Dental Public Company Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿252.11 Million | -0.65% |
| 2023-12-31 | ฿253.75 Million | +6.95% |
| 2022-12-31 | ฿237.26 Million | +12.78% |
| 2021-12-31 | ฿210.38 Million | -10.45% |
| 2020-12-31 | ฿234.92 Million | -7.47% |
| 2019-12-31 | ฿253.88 Million | -9.64% |
| 2018-12-31 | ฿280.97 Million | -12.63% |
| 2017-12-31 | ฿321.58 Million | -15.85% |
| 2016-12-31 | ฿382.13 Million | +87.11% |
| 2015-12-31 | ฿204.23 Million | -13.04% |
| 2014-12-31 | ฿234.85 Million | +250.77% |
| 2013-12-31 | ฿66.95 Million | +88.03% |
| 2012-12-31 | ฿35.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LDC Dental 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 145.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿13.75 Million | 5.45% |
| Common Stock | ฿150.00 Million | 59.50% |
| Other Comprehensive Income | ฿1.10 Million | 0.44% |
| Other Components | ฿87.26 Million | 34.61% |
| Total Equity | ฿252.11 Million | 100.00% |
LDC Dental Public Company Limited Competitors by Market Cap
The table below lists competitors of LDC Dental Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bell Copper Corporation
OTCQB:BCUFF
|
$2.22 Million |
|
ARIP Public Company Limited
BK:ARIP
|
$2.22 Million |
|
Pheton Holdings Ltd Class A Ordinary Shares
NASDAQ:PTHL
|
$2.22 Million |
|
JSS Real Estate SOCIMI SA
MC:YJSS
|
$2.23 Million |
|
ILLINOIS TOOL WORKS - Dusseldorf Stock Exchang
DU:ILT
|
$2.22 Million |
|
Viji Finance Limited
NSE:VIJIFIN
|
$2.22 Million |
|
Vault Strategic Mining Corp.
V:KNOX
|
$2.22 Million |
|
0QDW
LSE:0QDW
|
$2.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LDC Dental Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 253,747,524 to 252,109,887, a change of -1,637,637 (-0.6%).
- Net income of 4,962,330 contributed positively to equity growth.
- Dividend payments of 6,599,967 reduced retained earnings.
- Other comprehensive income increased equity by 248,117.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿4.96 Million | +1.97% |
| Dividends Paid | ฿6.60 Million | -2.62% |
| Other Comprehensive Income | ฿248.12K | +0.1% |
| Other Changes | ฿-248.12K | -0.1% |
| Total Change | ฿- | -0.65% |
Book Value vs Market Value Analysis
This analysis compares LDC Dental 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: 0.62x
- 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 0.76x to 0.62x 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 | ฿0.34 | ฿0.26 | x |
| 2014-12-31 | ฿0.73 | ฿0.26 | x |
| 2015-12-31 | ฿0.46 | ฿0.26 | x |
| 2016-12-31 | ฿0.76 | ฿0.26 | x |
| 2017-12-31 | ฿0.54 | ฿0.26 | x |
| 2018-12-31 | ฿0.47 | ฿0.26 | x |
| 2019-12-31 | ฿0.42 | ฿0.26 | x |
| 2020-12-31 | ฿0.39 | ฿0.26 | x |
| 2021-12-31 | ฿0.35 | ฿0.26 | x |
| 2022-12-31 | ฿0.40 | ฿0.26 | x |
| 2023-12-31 | ฿0.42 | ฿0.26 | x |
| 2024-12-31 | ฿0.42 | ฿0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LDC Dental 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): 1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.39%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.10x
- Recent ROE (1.97%) is above the historical average (-4.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 19.72% | 3.80% | 2.40x | 2.16x | ฿6.51 Million |
| 2014 | 3.02% | 2.09% | 1.14x | 1.26x | ฿-16.40 Million |
| 2015 | -14.99% | -9.75% | 1.11x | 1.39x | ฿-51.04 Million |
| 2016 | -21.60% | -24.29% | 0.70x | 1.27x | ฿-120.74 Million |
| 2017 | -18.81% | -15.44% | 0.93x | 1.31x | ฿-92.64 Million |
| 2018 | -13.68% | -8.14% | 1.24x | 1.35x | ฿-66.54 Million |
| 2019 | -10.67% | -5.01% | 1.59x | 1.34x | ฿-52.48 Million |
| 2020 | -7.49% | -4.16% | 0.82x | 2.20x | ฿-41.09 Million |
| 2021 | -11.33% | -6.49% | 0.79x | 2.22x | ฿-44.88 Million |
| 2022 | 11.33% | 6.24% | 0.88x | 2.06x | ฿3.15 Million |
| 2023 | 6.74% | 4.14% | 0.74x | 2.21x | ฿-8.26 Million |
| 2024 | 1.97% | 1.39% | 0.68x | 2.10x | ฿-20.25 Million |
Industry Comparison
This section compares LDC Dental Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $12,146,695,048
- Average return on equity (ROE) among peers: 10.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LDC Dental Public Company Limited (LDC) | ฿242.35 Million | 19.72% | 1.11x | $2.22 Million |
| Aikchol Hospital Public Company Limited (AHC) | $2.09 Billion | 6.07% | 0.17x | $29.15 Million |
| Bangkok Dusit Medical Services Public Company Limited (BDMS) | $98.87 Billion | 14.54% | 0.45x | $6.15 Billion |
| Bumrungrad Hospital PCL (BH) | $6.73 Billion | 23.58% | 1.00x | $3.43 Billion |
| Chularat Hospital Public Company Limited (CHG) | $8.26 Billion | 11.25% | 0.24x | $204.12 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $3.42 Billion | 11.31% | 0.63x | $21.83 Million |
| Dental Corporation Public Company Limited (D) | $33.68 Million | 0.00% | 3.96x | $9.20 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $862.00 Million | 13.60% | 0.12x | $56.43 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $566.32 Million | 13.68% | 0.13x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $189.39 Million | 11.18% | 0.76x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $434.98 Million | -3.82% | 0.13x | $7.10 Million |