Ladprao General Hospital Public Company Limited
Ladprao General Hospital Public Company Limited, together with its subsidiaries, engages in the hospital business in Thailand. It operates through two segments, Hospital, and Scientific Testing and Research segments. The company operates social security, bone and joint, pediatric, aesthetics and laser, health screening, dental, dermatology, cancer, gastrointestinal and liver, surgery, neurology, … Read more
Ladprao General Hospital Public Company Limited (LPH) - Net Assets
Latest net assets as of September 2025: ฿2.16 Billion THB
Based on the latest financial reports, Ladprao General Hospital Public Company Limited (LPH) has net assets worth ฿2.16 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.97 Billion) and total liabilities (฿809.67 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 | ฿2.16 Billion |
| % of Total Assets | 72.7% |
| Annual Growth Rate | 13.16% |
| 5-Year Change | 43.3% |
| 10-Year Change | 31.84% |
| Growth Volatility | 52.54 |
Ladprao General Hospital Public Company Limited - Net Assets Trend (2011–2024)
This chart illustrates how Ladprao General Hospital 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 Ladprao General Hospital Public Company Limited (2011–2024)
The table below shows the annual net assets of Ladprao General Hospital Public Company Limited from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.07 Billion | -2.00% |
| 2023-12-31 | ฿2.11 Billion | -2.89% |
| 2022-12-31 | ฿2.18 Billion | +27.46% |
| 2021-12-31 | ฿1.71 Billion | +18.13% |
| 2020-12-31 | ฿1.45 Billion | +5.22% |
| 2019-12-31 | ฿1.37 Billion | -1.51% |
| 2018-12-31 | ฿1.39 Billion | -11.79% |
| 2017-12-31 | ฿1.58 Billion | -1.63% |
| 2016-12-31 | ฿1.61 Billion | +2.30% |
| 2015-12-31 | ฿1.57 Billion | +198.64% |
| 2014-12-31 | ฿526.10 Million | +5.71% |
| 2013-12-31 | ฿497.67 Million | +7.91% |
| 2012-12-31 | ฿461.19 Million | +11.13% |
| 2011-12-31 | ฿415.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ladprao General Hospital 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 343.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿417.38 Million | 21.81% |
| Common Stock | ฿360.00 Million | 18.81% |
| Other Comprehensive Income | ฿37.50 Million | 1.96% |
| Other Components | ฿1.10 Billion | 57.43% |
| Total Equity | ฿1.91 Billion | 100.00% |
Ladprao General Hospital Public Company Limited Competitors by Market Cap
The table below lists competitors of Ladprao General Hospital Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Newegg Commerce Inc
NASDAQ:NEGG
|
$33.17 Million |
|
Engtex Group Bhd
KLSE:5056
|
$33.17 Million |
|
Sernova Biotherapeutics Inc
XETRA:PSH0
|
$33.17 Million |
|
ONE GROUP HOSPIT.DL-0001
F:XZ9
|
$33.17 Million |
|
BEML LAND ASSETS LTD
NSE:BLAL
|
$33.16 Million |
|
SM Culture & Contents Co. Ltd
KQ:048550
|
$33.15 Million |
|
GOCL Corporation Limited
NSE:GOCLCORP
|
$33.15 Million |
|
Excelsoft Technologies Ltd
NSE:EXCELSOFT
|
$33.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ladprao General Hospital Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,958,285,592 to 1,914,066,315, a change of -44,219,277 (-2.3%).
- Net income of 78,180,722 contributed positively to equity growth.
- Dividend payments of 122,400,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿78.18 Million | +4.08% |
| Dividends Paid | ฿122.40 Million | -6.39% |
| Other Changes | ฿1.00 | +0.0% |
| Total Change | ฿- | -2.26% |
Book Value vs Market Value Analysis
This analysis compares Ladprao General Hospital 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: 1.40x
- 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 2.27x to 1.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿1.64 | ฿3.72 | x |
| 2013-12-31 | ฿0.88 | ฿3.72 | x |
| 2014-12-31 | ฿0.95 | ฿3.72 | x |
| 2015-12-31 | ฿2.67 | ฿3.72 | x |
| 2016-12-31 | ฿2.14 | ฿3.72 | x |
| 2017-12-31 | ฿2.11 | ฿3.72 | x |
| 2018-12-31 | ฿1.90 | ฿3.72 | x |
| 2019-12-31 | ฿1.90 | ฿3.72 | x |
| 2020-12-31 | ฿2.01 | ฿3.72 | x |
| 2021-12-31 | ฿2.36 | ฿3.72 | x |
| 2022-12-31 | ฿2.79 | ฿3.72 | x |
| 2023-12-31 | ฿2.72 | ฿3.72 | x |
| 2024-12-31 | ฿2.66 | ฿3.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ladprao General Hospital 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): 4.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.26%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.59x
- Recent ROE (4.08%) is below the historical average (12.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.62% | 8.67% | 0.84x | 2.40x | ฿34.41 Million |
| 2013 | 21.76% | 9.95% | 0.98x | 2.24x | ฿57.17 Million |
| 2014 | 18.85% | 8.77% | 0.99x | 2.17x | ฿46.46 Million |
| 2015 | 6.40% | 8.07% | 0.67x | 1.18x | ฿-56.58 Million |
| 2016 | 9.71% | 11.74% | 0.68x | 1.22x | ฿-4.72 Million |
| 2017 | 12.27% | 13.58% | 0.68x | 1.32x | ฿35.83 Million |
| 2018 | 11.26% | 10.29% | 0.84x | 1.30x | ฿17.58 Million |
| 2019 | 8.06% | 6.99% | 0.82x | 1.40x | ฿-26.58 Million |
| 2020 | 9.90% | 7.93% | 0.81x | 1.54x | ฿-1.49 Million |
| 2021 | 27.36% | 18.57% | 0.96x | 1.53x | ฿294.72 Million |
| 2022 | 16.06% | 13.36% | 0.80x | 1.50x | ฿121.82 Million |
| 2023 | 3.25% | 2.85% | 0.74x | 1.55x | ฿-132.27 Million |
| 2024 | 4.08% | 3.26% | 0.79x | 1.59x | ฿-113.23 Million |
Industry Comparison
This section compares Ladprao General Hospital 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: $2,892,225,945
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ladprao General Hospital Public Company Limited (LPH) | ฿2.16 Billion | 17.62% | 0.38x | $33.16 Million |
| Aikchol Hospital Public Company Limited (AHC) | $1.55 Billion | 9.07% | 0.19x | $29.59 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $6.40 Billion | 17.03% | 0.97x | $429.99 Million |
| Bumrungrad Hospital PCL (BH) | $13.10 Billion | 26.23% | 0.63x | $3.50 Billion |
| Chularat Hospital Public Company Limited (CHG) | $1.12 Billion | 29.84% | 0.38x | $205.50 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.27 Billion | 8.36% | 0.67x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $106.33 Million | 39.99% | 1.05x | $9.07 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $953.94 Million | 16.80% | 0.15x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $123.73 Million | 56.28% | 0.53x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $123.08 Million | 37.33% | 0.31x | $7.20 Million |