LH Hotel Leasehold Real Estate Investment Trust Net Assets
LH Hotel Leasehold Real Estate Investment Trust net assets. Based on the latest financial reports, LH Hotel Leasehold Real Estate Investment Trust (LHHOTEL) has net assets worth ฿13.66 Billion THB (≈ $425.68 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿23.46 Billion ≈ $731.07 Million USD) and total liabilities (฿9.80 Billion ≈ $305.39 Million USD). 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. Also explore LHHOTEL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿13.66 Billion |
| % of Total Assets | 58.23% |
| Annual Growth Rate | 15.69% |
| 5-Year Change | 136.46% |
| 10-Year Change | 307.11% |
| Growth Volatility | 38.62 |
Net Assets of LH Hotel Leasehold Real Estate Investment Trust (2015–2025)
Net assets of LH Hotel Leasehold Real Estate Investment Trust from 2015 to 2025. This chart illustrates how LH Hotel Leasehold Real Estate Investment Trust's net assets have evolved over time, based on quarterly financial data. See LH Hotel Leasehold Real Estate Investmen balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for LH Hotel Leasehold Real Estate Investment Trust (2015–2025)
The table below shows the annual net assets of LH Hotel Leasehold Real Estate Investment Trust from 2015 to 2025. For live market cap and overall valuation, see LHHOTEL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿13.55 Billion ≈ $422.33 Million |
+0.01% |
| 2024-12-31 | ฿13.55 Billion ≈ $422.29 Million |
+10.64% |
| 2023-12-31 | ฿12.25 Billion ≈ $381.68 Million |
+94.16% |
| 2022-12-31 | ฿6.31 Billion ≈ $196.58 Million |
+10.07% |
| 2021-12-31 | ฿5.73 Billion ≈ $178.61 Million |
-7.09% |
| 2020-12-31 | ฿6.17 Billion ≈ $192.23 Million |
-10.12% |
| 2019-12-31 | ฿6.86 Billion ≈ $213.88 Million |
+1.39% |
| 2018-12-31 | ฿6.77 Billion ≈ $210.96 Million |
+1.96% |
| 2017-12-31 | ฿6.64 Billion ≈ $206.90 Million |
+99.45% |
| 2016-12-31 | ฿3.33 Billion ≈ $103.74 Million |
+5.49% |
| 2015-12-31 | ฿3.15 Billion ≈ $98.34 Million |
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Equity Component Analysis
This analysis shows how different components contribute to LH Hotel Leasehold Real Estate Investment Trust'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 13154.6% over the analyzed period, indicating profitable operations and earnings retention.
LH Hotel Leasehold Real Estate Investment Trust Net Assets Breakdown (December 2025)
LH Hotel Leasehold Real Estate Investment Trust net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.42 Billion | 17.87% |
| Common Stock | ฿11.13 Billion | 82.13% |
| Total Equity | ฿13.55 Billion | 100.00% |
LH Hotel Leasehold Real Estate Investment Trust Competitors by Market Cap
The table below lists competitors of LH Hotel Leasehold Real Estate Investment Trust ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Calfrac Well Services Ltd.
TO:CFW
|
$509.76 Million |
|
Guangdong Jinma Entertainment Corp Ltd
SHE:300756
|
$509.80 Million |
|
Nova Technology
TWO:6613
|
$509.84 Million |
|
CoinShares International Ltd
ST:CS
|
$509.93 Million |
|
Anhui Wanyi Science and Technology Co Ltd
SHG:688600
|
$509.56 Million |
|
Danske Andelskassers Bank A/S
CO:DAB
|
$509.52 Million |
|
eXp World Holdings, Inc.
NASDAQ:AGNT
|
$509.40 Million |
|
iQIYI Inc
NASDAQ:IQ
|
$509.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LH Hotel Leasehold Real Estate Investment Trust's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,548,458,585 to 13,549,595,397, a change of 1,136,812 (0.0%).
- Net income of 1,330,642,786 contributed positively to equity growth.
- Dividend payments of 1,329,505,974 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.33 Billion | +9.82% |
| Dividends Paid | ฿1.33 Billion | -9.81% |
| Total Change | ฿- | 0.01% |
Book Value vs Market Value Analysis
This analysis compares LH Hotel Leasehold Real Estate Investment Trust'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: 1.02x
- 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 1.32x to 1.02x 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 | ฿9.98 | ฿13.20 | x |
| 2016-12-31 | ฿10.53 | ฿13.20 | x |
| 2017-12-31 | ฿14.02 | ฿13.20 | x |
| 2018-12-31 | ฿12.58 | ฿13.20 | x |
| 2019-12-31 | ฿12.37 | ฿13.20 | x |
| 2020-12-31 | ฿11.12 | ฿13.20 | x |
| 2021-12-31 | ฿10.33 | ฿13.20 | x |
| 2022-12-31 | ฿11.37 | ฿13.20 | x |
| 2023-12-31 | ฿11.67 | ฿13.20 | x |
| 2024-12-31 | ฿12.92 | ฿13.20 | x |
| 2025-12-31 | ฿12.92 | ฿13.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LH Hotel Leasehold Real Estate Investment Trust 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): 9.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.59%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.73x
- Recent ROE (9.82%) is above the historical average (7.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.58% | 88.04% | 0.01x | 1.29x | ฿-297.23 Million |
| 2016 | 12.33% | 108.71% | 0.09x | 1.21x | ฿77.47 Million |
| 2017 | 12.05% | 133.20% | 0.07x | 1.24x | ฿135.95 Million |
| 2018 | 10.45% | 91.54% | 0.09x | 1.24x | ฿30.38 Million |
| 2019 | 9.99% | 83.97% | 0.06x | 1.85x | ฿-606.54K |
| 2020 | -10.84% | -357.18% | 0.02x | 1.94x | ฿-1.29 Billion |
| 2021 | -10.84% | -3223.32% | 0.00x | 2.04x | ฿-1.19 Billion |
| 2022 | 15.98% | 149.63% | 0.05x | 1.95x | ฿377.45 Million |
| 2023 | 12.88% | 119.09% | 0.06x | 1.84x | ฿352.38 Million |
| 2024 | 19.02% | 109.57% | 0.10x | 1.74x | ฿1.22 Billion |
| 2025 | 9.82% | 64.59% | 0.09x | 1.73x | ฿-24.32 Million |
Industry Comparison
This section compares LH Hotel Leasehold Real Estate Investment Trust's net assets metrics with peer companies in the REIT - Hotel & Motel industry.
No peer company data available for comparison.
About LH Hotel Leasehold Real Estate Investment Trust
LH Hotel Leasehold Real Estate Investment Trust operates as a real estate investment trust in Thailand. It is involved in the rental of immovable properties. The company was founded in 2015 and is based in Bangkok, Thailand.