LHRREIT
Land And Houses Residential Freehold And Leasehold Real Estate Investment Trust is a real estate investment trust launched and managed by Land and Houses Fund Management Co., Ltd. The fund invests on real estate markets of Thailand. Land And Houses Residential Freehold And Leasehold Real Estate Investment Trust was formed on March 22, 2012 and is domiciled in Thailand.
LHRREIT (LHRREIT) - Net Assets
Latest net assets as of September 2024: ฿3.58 Billion THB
Based on the latest financial reports, LHRREIT (LHRREIT) has net assets worth ฿3.58 Billion THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.75 Billion) and total liabilities (฿170.52 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 | ฿3.58 Billion |
| % of Total Assets | 95.46% |
| Annual Growth Rate | 2.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.59 |
LHRREIT - Net Assets Trend (2020–2023)
This chart illustrates how LHRREIT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for LHRREIT (2020–2023)
The table below shows the annual net assets of LHRREIT from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿3.75 Billion | +0.55% |
| 2022-12-31 | ฿3.73 Billion | +4.45% |
| 2021-12-31 | ฿3.57 Billion | +2.67% |
| 2020-12-31 | ฿3.48 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to LHRREIT'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 152.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿451.25 Million | 12.03% |
| Other Components | ฿3.30 Billion | 87.97% |
| Total Equity | ฿3.75 Billion | 100.00% |
LHRREIT Competitors by Market Cap
The table below lists competitors of LHRREIT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sana Industries Ltd
KAR:SNAI
|
$1.21K |
|
UpHealth Inc
PINK:UPHL
|
$1.21K |
|
Pod Point Group Holdings PLC
LSE:PODP
|
$1.22K |
|
LANEBURY GROWTH CAP.
F:L01
|
$1.22K |
|
JPMorgan Indian Inv Trust
LSE:JII
|
$1.21K |
|
Askari General Insurance Co
KAR:AGIC
|
$1.20K |
|
Nile Cotton Ginning
EGX:NCGC
|
$1.20K |
|
Newmark Security plc
LSE:NWT
|
$1.20K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LHRREIT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,730,636,727 to 3,751,247,794, a change of 20,611,067 (0.6%).
- Net income of 152,609,493 contributed positively to equity growth.
- Dividend payments of 131,998,426 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿152.61 Million | +4.07% |
| Dividends Paid | ฿132.00 Million | -3.52% |
| Total Change | ฿- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares LHRREIT'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: 0.38x
- 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 |
|---|---|---|---|
| 2020-12-31 | ฿10.54 | ฿4.30 | x |
| 2021-12-31 | ฿10.82 | ฿4.30 | x |
| 2022-12-31 | ฿11.30 | ฿4.30 | x |
| 2023-12-31 | ฿11.37 | ฿4.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LHRREIT 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): 4.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.13%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.05x
- Recent ROE (4.07%) is above the historical average (3.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.74% | 12.43% | 0.06x | 1.05x | ฿-322.22 Million |
| 2021 | 4.45% | 79.54% | 0.05x | 1.05x | ฿-198.38 Million |
| 2022 | 6.47% | 89.78% | 0.07x | 1.05x | ฿-131.51 Million |
| 2023 | 4.07% | 49.13% | 0.08x | 1.05x | ฿-222.52 Million |
Industry Comparison
This section compares LHRREIT's net assets metrics with peer companies in the same industry.
No peer company data available for comparison.