Lighting and Equipment Public Company Limited
Lighting and Equipment Public Company Limited offers lighting products and solutions in Thailand and internationally. The company offers indoor lighting products, including spotlight and track light, recessed and surface downlight, ceiling-mounted, recessed and surface fluorescent, suspension and wall mount, linear and strip lights, and low bay and high bay lighting products; and outdoor lighting… Read more
Lighting and Equipment Public Company Limited (L&E) - Net Assets
Latest net assets as of December 2024: ฿1.11 Billion THB
Based on the latest financial reports, Lighting and Equipment Public Company Limited (L&E) has net assets worth ฿1.11 Billion THB as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.06 Billion) and total liabilities (฿1.95 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 | ฿1.11 Billion |
| % of Total Assets | 36.22% |
| Annual Growth Rate | 3.11% |
| 5-Year Change | -5.29% |
| 10-Year Change | 5.03% |
| Growth Volatility | 9.1 |
Lighting and Equipment Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Lighting and Equipment 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 Lighting and Equipment Public Company Limited (2013–2024)
The table below shows the annual net assets of Lighting and Equipment Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.11 Billion | -0.29% |
| 2023-12-31 | ฿1.11 Billion | -4.24% |
| 2022-12-31 | ฿1.16 Billion | -0.35% |
| 2021-12-31 | ฿1.16 Billion | -0.47% |
| 2020-12-31 | ฿1.17 Billion | -3.38% |
| 2019-12-31 | ฿1.21 Billion | -1.60% |
| 2018-12-31 | ฿1.23 Billion | +4.78% |
| 2017-12-31 | ฿1.17 Billion | +6.11% |
| 2016-12-31 | ฿1.11 Billion | +4.91% |
| 2015-12-31 | ฿1.05 Billion | +2.29% |
| 2014-12-31 | ฿1.03 Billion | +30.37% |
| 2013-12-31 | ฿791.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lighting and Equipment 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 decreased by 18.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿341.07 Million | 30.79% |
| Common Stock | ฿492.04 Million | 44.41% |
| Other Comprehensive Income | ฿45.18 Million | 4.08% |
| Other Components | ฿229.56 Million | 20.72% |
| Total Equity | ฿1.11 Billion | 100.00% |
Lighting and Equipment Public Company Limited Competitors by Market Cap
The table below lists competitors of Lighting and Equipment Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SideChannel Inc.
OTCQB:SDCH
|
$4.77 Million |
|
Argo Living Soils Corp
PINK:ARLSF
|
$4.77 Million |
|
MedNation AG
XETRA:EIF
|
$4.77 Million |
|
Interra Copper Corp
OTCQB:IMIMF
|
$4.77 Million |
|
BSL Limited
NSE:BSL
|
$4.77 Million |
|
Son Ha Sai Gon JSC
VN:SHA
|
$4.77 Million |
|
0GCM
LSE:0GCM
|
$4.77 Million |
|
Nusantara Infrastructure Tbk
JK:META
|
$4.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lighting and Equipment Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,111,011,084 to 1,107,845,701, a change of -3,165,383 (-0.3%).
- Net income of 15,129,583 contributed positively to equity growth.
- Dividend payments of 19,681,563 reduced retained earnings.
- Other comprehensive income increased equity by 50,590,604.
- Other factors decreased equity by 49,204,007.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿15.13 Million | +1.37% |
| Dividends Paid | ฿19.68 Million | -1.78% |
| Other Comprehensive Income | ฿50.59 Million | +4.57% |
| Other Changes | ฿-49.20 Million | -4.44% |
| Total Change | ฿- | -0.28% |
Book Value vs Market Value Analysis
This analysis compares Lighting and Equipment 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: 0.46x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ฿2.30 | ฿1.03 | x |
| 2016-12-31 | ฿2.42 | ฿1.03 | x |
| 2017-12-31 | ฿2.47 | ฿1.03 | x |
| 2018-12-31 | ฿2.50 | ฿1.03 | x |
| 2019-12-31 | ฿2.46 | ฿1.03 | x |
| 2020-12-31 | ฿2.38 | ฿1.03 | x |
| 2021-12-31 | ฿2.37 | ฿1.03 | x |
| 2022-12-31 | ฿2.36 | ฿1.03 | x |
| 2023-12-31 | ฿2.26 | ฿1.03 | x |
| 2024-12-31 | ฿2.25 | ฿1.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lighting and Equipment 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): 1.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.57%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.76x
- Recent ROE (1.37%) is below the historical average (6.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.13% | 5.81% | 1.21x | 2.59x | ฿64.30 Million |
| 2014 | 14.26% | 5.62% | 0.93x | 2.74x | ฿43.94 Million |
| 2015 | 5.94% | 2.35% | 0.90x | 2.80x | ฿-42.84 Million |
| 2016 | 6.70% | 2.52% | 1.08x | 2.45x | ฿-36.55 Million |
| 2017 | 5.20% | 2.39% | 0.90x | 2.43x | ฿-56.31 Million |
| 2018 | 9.50% | 4.00% | 0.95x | 2.49x | ฿-6.10 Million |
| 2019 | 5.97% | 2.67% | 0.90x | 2.48x | ฿-48.80 Million |
| 2020 | 3.17% | 1.54% | 0.87x | 2.38x | ฿-79.83 Million |
| 2021 | 3.76% | 1.64% | 0.80x | 2.88x | ฿-72.60 Million |
| 2022 | 2.71% | 0.98% | 0.95x | 2.92x | ฿-84.60 Million |
| 2023 | -2.17% | -0.87% | 0.83x | 2.98x | ฿-135.19 Million |
| 2024 | 1.37% | 0.57% | 0.87x | 2.76x | ฿-95.65 Million |
Industry Comparison
This section compares Lighting and Equipment Public Company Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lighting and Equipment Public Company Limited (L&E) | ฿1.11 Billion | 18.13% | 1.76x | $4.77 Million |
| BURIRAM SUGAR GROUP POWER PLANT INFRASTRUCTURE FUND (BRRGIF) | $2.60 Billion | -0.03% | 0.00x | $1.04K |
| BTS Rail Mass Transit Growth (BTSGIF) | $-1.14 Billion | 0.00% | 0.00x | $694.94 |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $4.50 Billion | 7.19% | 0.12x | $55.23 Million |
| C.P. Tower Growth Leasehold Property Fund (CPTGF) | $9.97 Billion | 7.67% | 0.04x | $83.24 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $1.90 Billion | 5.92% | 0.00x | $31.56 Million |
| Digital Telecommunications Infrastructure Fund (DIF) | $-45.10 Billion | 0.00% | 0.00x | $2.53K |
| North Bangkok Power Plant (EGATIF) | $21.22 Billion | 2.80% | 0.00x | $1.65K |
| Food and Drinks Public Company Limited (F&D) | $573.40 Million | -11.27% | 0.83x | $1.80 Million |
| Future Park Leasehold Property Fund (FUTUREPF) | $1.61 Billion | 45.43% | 3.51x | $91.63 Million |
| GULF ENERGY DEVELOPMENT-NVDR (GULF-R) | $39.35 Billion | 8.77% | 1.56x | $6.05 Billion |