LTMH Public Company Limited
LTMH Public Company Limited operates as a digital media company in Thailand. The company provides digital publishing focuses on wealth education; creates media content; operates a studio production; organizes events; designs and develops software; manages content platform; and digital marketing solutions. It also offers software and technology services and securities business. The company was fou… Read more
LTMH Public Company Limited (LTMH) - Net Assets
Latest net assets as of September 2025: ฿376.68 Million THB
Based on the latest financial reports, LTMH Public Company Limited (LTMH) has net assets worth ฿376.68 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿473.90 Million) and total liabilities (฿97.22 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 | ฿376.68 Million |
| % of Total Assets | 79.48% |
| Annual Growth Rate | 39.86% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.74 |
LTMH Public Company Limited - Net Assets Trend (2021–2024)
This chart illustrates how LTMH 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 LTMH Public Company Limited (2021–2024)
The table below shows the annual net assets of LTMH Public Company Limited from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿144.13 Million | +31.35% |
| 2023-12-31 | ฿109.73 Million | +37.01% |
| 2022-12-31 | ฿80.09 Million | +52.06% |
| 2021-12-31 | ฿52.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LTMH 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿143.72 Million | 100.00% |
| Total Equity | ฿143.72 Million | 100.00% |
LTMH Public Company Limited Competitors by Market Cap
The table below lists competitors of LTMH Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taptica International Ltd
LSE:TAP
|
$1.27K |
|
Trucknet Enterprise Ltd
TA:TRAN
|
$1.27K |
|
Adamjee Life As
KAR:ALIFE
|
$1.27K |
|
ROCA INDUSTRY HOLDINGROCK1 S.A.
RO:ROC1
|
$1.27K |
|
Global Seafood Technologies Inc
PINK:GSFD
|
$1.27K |
|
SKANDIA GREENPOWER NK-05
F:0RQ
|
$1.26K |
|
Wierzycl
WAR:WRL
|
$1.26K |
|
Emco Industries Ltd
KAR:EMCO
|
$1.26K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LTMH Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 109,730,000 to 143,718,873, a change of 33,988,873 (31.0%).
- Net income of 35,280,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿35.28 Million | +24.55% |
| Other Changes | ฿-1.29 Million | -0.9% |
| Total Change | ฿- | 30.98% |
Book Value vs Market Value Analysis
This analysis compares LTMH 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: 6.62x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 18.07x to 6.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ฿0.26 | ฿4.76 | x |
| 2022-12-31 | ฿0.40 | ฿4.76 | x |
| 2023-12-31 | ฿0.55 | ฿4.76 | x |
| 2024-12-31 | ฿0.72 | ฿4.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LTMH 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): 24.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.23%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.94x
- Recent ROE (24.55%) is below the historical average (34.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 41.16% | 18.36% | 1.38x | 1.62x | ฿16.41 Million |
| 2022 | 38.93% | 17.93% | 1.33x | 1.63x | ฿23.17 Million |
| 2023 | 34.25% | 16.65% | 1.08x | 1.90x | ฿26.61 Million |
| 2024 | 24.55% | 15.23% | 0.83x | 1.94x | ฿20.91 Million |
Industry Comparison
This section compares LTMH Public Company Limited's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,879,802,941
- Average return on equity (ROE) among peers: 17.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LTMH Public Company Limited (LTMH) | ฿376.68 Million | 41.16% | 0.26x | $1.27K |
| AddTech Hub Public Company Limited (ADD) | $25.41 Million | 103.83% | 1.76x | $7.07 Million |
| Aqua Corporation Public Company Limited (AQUA) | $846.18 Million | 3.69% | 0.23x | $10.21 Million |
| CMO Public Company Limited (CMO) | $500.06 Million | 10.58% | 1.31x | $4.46 Million |
| Far East Fame Line DDB Public Company Limited (FE) | $1.42 Billion | 5.35% | 0.25x | $9.47 Million |
| Grand Prix International Public Company Limited (GPI) | $783.43 Million | 16.79% | 0.28x | $11.33 Million |
| MCA_MARKET CONNECTIONS ASIA (MCA) | $85.03 Million | 3.22% | 0.63x | $2.32 Million |
| M Vision Public Company Limited (MVP) | $229.29 Million | 2.43% | 0.76x | $747.17K |
| Pico (Thailand) Public Company Limited (PICO) | $437.36 Million | 4.50% | 0.95x | $5.95 Million |
| Plan B Media PCL (PLANB) | $12.59 Billion | 8.78% | 0.55x | $245.64 Million |