LIGHT UP TOTAL SOLUTION COMPANY LIMITED
Light Up Total Solution Public Company Limited, together with its subsidiaries, designs and trades in lighting systems in Thailand. The company operates through trading of lighting equipment and IT solutions segments. It offers LED linear, track, wall, bedside, spot, wall outdoor, inground, up light, bollard outdoor, and decorative lights; indoor and LED Recess downlights; and LED lamps, strips/b… Read more
LIGHT UP TOTAL SOLUTION COMPANY LIMITED (LTS) - Net Assets
Latest net assets as of September 2024: ฿309.84 Million THB
Based on the latest financial reports, LIGHT UP TOTAL SOLUTION COMPANY LIMITED (LTS) has net assets worth ฿309.84 Million THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿460.84 Million) and total liabilities (฿151.00 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 | ฿309.84 Million |
| % of Total Assets | 67.23% |
| Annual Growth Rate | 11.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.39 |
LIGHT UP TOTAL SOLUTION COMPANY LIMITED - Net Assets Trend (2019–2023)
This chart illustrates how LIGHT UP TOTAL SOLUTION 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 LIGHT UP TOTAL SOLUTION COMPANY LIMITED (2019–2023)
The table below shows the annual net assets of LIGHT UP TOTAL SOLUTION COMPANY LIMITED from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿136.61 Million | +29.88% |
| 2022-12-31 | ฿105.19 Million | -3.79% |
| 2021-12-31 | ฿109.33 Million | +21.01% |
| 2020-12-31 | ฿90.34 Million | +3.70% |
| 2019-12-31 | ฿87.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to LIGHT UP TOTAL SOLUTION 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 422.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿59.11 Million | 43.27% |
| Common Stock | ฿75.80 Million | 55.49% |
| Other Comprehensive Income | ฿1.70 Million | 1.24% |
| Total Equity | ฿136.61 Million | 100.00% |
LIGHT UP TOTAL SOLUTION COMPANY LIMITED Competitors by Market Cap
The table below lists competitors of LIGHT UP TOTAL SOLUTION COMPANY LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SM Wirtschaftsberatungs AG
XETRA:SMWN
|
$4.57 Million |
|
0NAS
LSE:0NAS
|
$4.57 Million |
|
Royal Energy Resources Inc
PINK:ROYE
|
$4.58 Million |
|
MCGRAW HILL FIN
BE:MHL
|
$4.58 Million |
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
$4.57 Million |
|
SemiLEDS Corporation
NASDAQ:LEDS
|
$4.57 Million |
|
Smoltek Nanotech Holding AB
F:GY9
|
$4.57 Million |
|
Xtrackers Physical Gold ETC USD
SW:XGLD
|
$4.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in LIGHT UP TOTAL SOLUTION COMPANY LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 105,185,920 to 136,612,960, a change of 31,427,040 (29.9%).
- Net income of 31,427,040 contributed positively to equity growth.
- Other comprehensive income decreased equity by 318,590.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿31.43 Million | +23.0% |
| Other Comprehensive Income | ฿-318.59K | -0.23% |
| Other Changes | ฿318.59K | +0.23% |
| Total Change | ฿- | 29.88% |
Book Value vs Market Value Analysis
This analysis compares LIGHT UP TOTAL SOLUTION 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: 2.55x
- 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 5.72x to 2.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ฿0.40 | ฿2.30 | x |
| 2020-12-31 | ฿0.42 | ฿2.30 | x |
| 2021-12-31 | ฿0.50 | ฿2.30 | x |
| 2022-12-31 | ฿0.69 | ฿2.30 | x |
| 2023-12-31 | ฿0.90 | ฿2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently LIGHT UP TOTAL SOLUTION 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): 23.00%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.80%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 1.57x
- Recent ROE (23.00%) is above the historical average (7.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -9.28% | -2.63% | 1.27x | 2.78x | ฿-16.80 Million |
| 2020 | 3.57% | 1.11% | 1.35x | 2.39x | ฿-5.81 Million |
| 2021 | 4.34% | 2.90% | 0.86x | 1.74x | ฿-6.18 Million |
| 2022 | 14.27% | 6.47% | 1.09x | 2.02x | ฿4.49 Million |
| 2023 | 23.00% | 13.80% | 1.06x | 1.57x | ฿17.77 Million |
Industry Comparison
This section compares LIGHT UP TOTAL SOLUTION COMPANY LIMITED's net assets metrics with peer companies in the Home Improvement Retail industry.
Industry Context
- Industry: Home Improvement Retail
- Average net assets among peers: $6,141,549,536
- Average return on equity (ROE) among peers: 8.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| LIGHT UP TOTAL SOLUTION COMPANY LIMITED (LTS) | ฿309.84 Million | -9.28% | 0.49x | $4.57 Million |
| Dohome Public Company Limited (DOHOME) | $10.88 Billion | 16.71% | 1.50x | $93.87 Million |
| Siam Global House Public Company Limited (GLOBAL) | $1.40 Billion | 0.00% | 1.56x | $295.75 Million |