Lease IT Public Company Limited
Lease IT Public Company Limited, together with its subsidiaries, provides financial services to small and medium enterprises in Thailand. The company operates through three segments: Financial Services in Various Forms; Credit Information Services and Analysis; and Online Shopping Service Platform. It offers hire-purchase, leasing, factoring services, bid bond and e-bidding, project backup financ… Read more
Lease IT Public Company Limited (LIT) - Net Assets
Latest net assets as of December 2025: ฿553.94 Million THB
Based on the latest financial reports, Lease IT Public Company Limited (LIT) has net assets worth ฿553.94 Million THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.09 Billion) and total liabilities (฿536.69 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 | ฿553.94 Million |
| % of Total Assets | 50.79% |
| Annual Growth Rate | 10.75% |
| 5-Year Change | -41.05% |
| 10-Year Change | 16.43% |
| Growth Volatility | 38.0 |
Lease IT Public Company Limited - Net Assets Trend (2010–2025)
This chart illustrates how Lease IT 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 Lease IT Public Company Limited (2010–2025)
The table below shows the annual net assets of Lease IT Public Company Limited from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿553.94 Million | +2.40% |
| 2024-12-31 | ฿540.96 Million | -45.40% |
| 2023-12-31 | ฿990.82 Million | -10.61% |
| 2022-12-31 | ฿1.11 Billion | +17.97% |
| 2021-12-31 | ฿939.60 Million | -12.59% |
| 2020-12-31 | ฿1.07 Billion | -5.09% |
| 2019-12-31 | ฿1.13 Billion | +2.98% |
| 2018-12-31 | ฿1.10 Billion | +7.95% |
| 2017-12-31 | ฿1.02 Billion | +114.13% |
| 2016-12-31 | ฿475.78 Million | +15.73% |
| 2015-12-31 | ฿411.11 Million | +12.65% |
| 2014-12-31 | ฿364.94 Million | +91.66% |
| 2013-12-31 | ฿190.41 Million | +25.53% |
| 2012-12-31 | ฿151.69 Million | +16.06% |
| 2011-12-31 | ฿130.70 Million | +9.10% |
| 2010-12-31 | ฿119.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lease IT 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 74.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿34.60 Million | 6.25% |
| Other Components | ฿519.34 Million | 93.75% |
| Total Equity | ฿553.94 Million | 100.00% |
Lease IT Public Company Limited Competitors by Market Cap
The table below lists competitors of Lease IT Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Edaran Bhd
KLSE:5036
|
$4.85 Million |
|
Cartier Iron Corp
PINK:CRTIF
|
$4.85 Million |
|
Prismo Metals Inc.
OTCQB:PMOMF
|
$4.85 Million |
|
Telsys
TA:TLSY
|
$4.86 Million |
|
Patel Integrated Logistics Limited
NSE:PATINTLOG
|
$4.84 Million |
|
Silver Bull Resources Inc
OTCQB:SVBL
|
$4.84 Million |
|
Si6 Metals Ltd
AU:SI6
|
$4.84 Million |
|
Lanthanein Resources Ltd
AU:LNR
|
$4.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lease IT Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 540,956,465 to 553,935,868, a change of 12,979,403 (2.4%).
- Net income of 10,840,828 contributed positively to equity growth.
- Dividend payments of 21 reduced retained earnings.
- Other comprehensive income decreased equity by 30,000,000.
- Other factors increased equity by 32,138,596.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿10.84 Million | +1.96% |
| Dividends Paid | ฿21.00 | -0.0% |
| Other Comprehensive Income | ฿-30.00 Million | -5.42% |
| Other Changes | ฿32.14 Million | +5.8% |
| Total Change | ฿- | 2.40% |
Book Value vs Market Value Analysis
This analysis compares Lease IT 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: 0.48x
- 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 0.91x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿0.66 | ฿0.60 | x |
| 2011-12-31 | ฿7.82 | ฿0.60 | x |
| 2012-12-31 | ฿4.53 | ฿0.60 | x |
| 2013-12-31 | ฿1.04 | ฿0.60 | x |
| 2014-12-31 | ฿1.20 | ฿0.60 | x |
| 2015-12-31 | ฿1.22 | ฿0.60 | x |
| 2016-12-31 | ฿1.42 | ฿0.60 | x |
| 2017-12-31 | ฿2.46 | ฿0.60 | x |
| 2018-12-31 | ฿2.76 | ฿0.60 | x |
| 2019-12-31 | ฿3.07 | ฿0.60 | x |
| 2020-12-31 | ฿3.19 | ฿0.60 | x |
| 2021-12-31 | ฿4.24 | ฿0.60 | x |
| 2022-12-31 | ฿2.54 | ฿0.60 | x |
| 2023-12-31 | ฿2.24 | ฿0.60 | x |
| 2024-12-31 | ฿1.22 | ฿0.60 | x |
| 2025-12-31 | ฿1.25 | ฿0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lease IT 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): 1.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.41%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.97x
- Recent ROE (1.96%) is below the historical average (2.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 9.98% | 5.98% | 0.50x | 3.31x | ฿-21.87K |
| 2011 | 13.91% | 5.93% | 0.66x | 3.56x | ฿5.11 Million |
| 2012 | 21.03% | 33.07% | 0.16x | 4.00x | ฿16.73 Million |
| 2013 | 16.86% | 30.67% | 0.15x | 3.60x | ฿13.06 Million |
| 2014 | 13.10% | 44.61% | 0.12x | 2.36x | ฿11.31 Million |
| 2015 | 17.14% | 26.33% | 0.23x | 2.85x | ฿29.34 Million |
| 2016 | 21.16% | 31.24% | 0.16x | 4.19x | ฿53.08 Million |
| 2017 | 14.28% | 35.89% | 0.17x | 2.30x | ฿43.61 Million |
| 2018 | 13.53% | 35.98% | 0.16x | 2.42x | ฿38.87 Million |
| 2019 | 9.10% | 23.57% | 0.12x | 3.14x | ฿-10.16 Million |
| 2020 | 6.63% | 18.87% | 0.14x | 2.46x | ฿-36.25 Million |
| 2021 | -10.16% | -31.28% | 0.14x | 2.30x | ฿-189.45 Million |
| 2022 | -9.02% | -68.85% | 0.07x | 1.82x | ฿-210.87 Million |
| 2023 | -11.87% | -118.64% | 0.07x | 1.44x | ฿-216.69 Million |
| 2024 | -83.16% | -430.22% | 0.11x | 1.83x | ฿-503.96 Million |
| 2025 | 1.96% | 6.41% | 0.15x | 1.97x | ฿-44.55 Million |
Industry Comparison
This section compares Lease IT Public Company Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,615,882,665
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lease IT Public Company Limited (LIT) | ฿553.94 Million | 9.98% | 0.97x | $4.85 Million |
| ASIA Capital Group Public Company Limited (ACAP) | $1.25 Billion | 20.47% | 2.85x | $1.71 Million |
| AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) | $25.06 Billion | 13.00% | 2.69x | $163.14 Million |
| AIRA Factoring Public Company Limited (AF) | $525.62 Million | 8.61% | 3.54x | $1.07 Million |
| Amanah Leasing Public Company Limited (AMANAH) | $1.81 Billion | -0.91% | 1.39x | $12.17 Million |
| Asia Sermkij Leasing Public Company Limited (ASK) | $4.35 Billion | 15.66% | 5.96x | $91.10 Million |
| Chase Asia PCL (CHASE) | $-209.42 Million | 0.00% | 0.00x | $6.90 Million |
| Chayo Group Public Company Limited (CHAYO) | $201.79 Million | 2.02% | 0.17x | $19.15 Million |
| Eastern Commercial Leasing Public Company Limited (ECL) | $228.53 Million | 5.18% | 2.63x | $11.11 Million |
| G Capital Public Company Limited (GCAP) | $128.58 Million | 25.38% | 4.73x | $3.66 Million |
| Heng Leasing & Capital PCL (HENG) | $2.82 Billion | 5.39% | 1.80x | $38.71 Million |