Luxury Real Estate Investment Fund (LUXF) - Net Assets
Based on the latest financial reports, Luxury Real Estate Investment Fund (LUXF) has net assets worth ฿2.43 Billion THB (≈ $75.67 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.50 Billion ≈ $78.06 Million USD) and total liabilities (฿76.63 Million ≈ $2.39 Million USD). 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. Check how resilient are Luxury Real Estate Investment Fund's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿2.43 Billion |
| % of Total Assets | 96.94% |
| Annual Growth Rate | 1.66% |
| 5-Year Change | 34.22% |
| 10-Year Change | 9.08% |
| Growth Volatility | 86.61 |
Luxury Real Estate Investment Fund - Net Assets Trend (2013–2024)
This chart illustrates how Luxury Real Estate Investment Fund's net assets have evolved over time, based on quarterly financial data. Also explore Luxury Real Estate Investment Fund asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Luxury Real Estate Investment Fund (2013–2024)
The table below shows the annual net assets of Luxury Real Estate Investment Fund from 2013 to 2024. For live valuation and market cap data, see Luxury Real Estate Investment Fund market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | ฿2.43 Billion ≈ $75.67 Million |
+1.42% |
| 2023-06-30 | ฿2.39 Billion ≈ $74.61 Million |
+19.41% |
| 2022-06-30 | ฿2.00 Billion ≈ $62.48 Million |
+10.85% |
| 2021-06-30 | ฿1.81 Billion ≈ $56.36 Million |
-0.03% |
| 2020-06-30 | ฿1.81 Billion ≈ $56.38 Million |
+284.74% |
| 2019-06-30 | ฿470.14 Million ≈ $14.65 Million |
+2.78% |
| 2018-06-30 | ฿457.44 Million ≈ $14.26 Million |
+15.50% |
| 2017-06-30 | ฿396.05 Million ≈ $12.34 Million |
+23.73% |
| 2016-06-30 | ฿320.10 Million ≈ $9.98 Million |
-85.62% |
| 2015-06-30 | ฿2.23 Billion ≈ $69.37 Million |
+2.69% |
| 2014-06-30 | ฿2.17 Billion ≈ $67.56 Million |
+6.99% |
| 2013-06-30 | ฿2.03 Billion ≈ $63.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Luxury Real Estate Investment Fund'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 1021.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿502.06 Million | 20.68% |
| Common Stock | ฿1.93 Billion | 79.32% |
| Total Equity | ฿2.43 Billion | 100.00% |
Luxury Real Estate Investment Fund Competitors by Market Cap
The table below lists competitors of Luxury Real Estate Investment Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kwang Ming Silk Mill Co Ltd
TWO:4420
|
$52.07 Million |
|
Societe de Tayninh SA
PA:TAYN
|
$52.09 Million |
|
Samhyun Steel Co. Ltd
KQ:017480
|
$52.12 Million |
|
Ultimovacs ASA
OL:ULTI
|
$52.14 Million |
|
Taiwan Alpha Electronic Co Ltd
TWO:6204
|
$52.04 Million |
|
Sunview Group Bhd
KLSE:0262
|
$52.03 Million |
|
Duck Yang Ind
KO:024900
|
$51.97 Million |
|
As Commercial Industrial Company of Computers and Toys S.A.
AT:ASCO
|
$51.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Luxury Real Estate Investment Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,393,685,790 to 2,427,757,631, a change of 34,071,841 (1.4%).
- Net income of 140,181,840 contributed positively to equity growth.
- Dividend payments of 106,110,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿140.18 Million | +5.77% |
| Dividends Paid | ฿106.11 Million | -4.37% |
| Other Changes | ฿1.00 | +0.0% |
| Total Change | ฿- | 1.42% |
Book Value vs Market Value Analysis
This analysis compares Luxury Real Estate Investment Fund'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: 0.69x
- 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 0.83x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | ฿10.23 | ฿8.50 | x |
| 2014-06-30 | ฿10.89 | ฿8.50 | x |
| 2015-06-30 | ฿11.12 | ฿8.50 | x |
| 2016-06-30 | ฿2285099203.00 | ฿8.50 | x |
| 2017-06-30 | ฿2361051899.00 | ฿8.50 | x |
| 2018-06-30 | ฿2422443265.00 | ฿8.50 | x |
| 2019-06-30 | ฿2435137858.00 | ฿8.50 | x |
| 2020-06-30 | ฿9.21 | ฿8.50 | x |
| 2021-06-30 | ฿9.20 | ฿8.50 | x |
| 2022-06-30 | ฿10.20 | ฿8.50 | x |
| 2023-06-30 | ฿12.18 | ฿8.50 | x |
| 2024-06-30 | ฿12.36 | ฿8.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Luxury Real Estate Investment Fund 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): 5.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 78.14%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.03x
- Recent ROE (5.77%) is above the historical average (4.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 3.40% | 90.32% | 0.04x | 1.01x | ฿-132.64 Million |
| 2014 | 8.89% | 252.52% | 0.03x | 1.01x | ฿-23.69 Million |
| 2015 | 4.92% | 111.38% | 0.04x | 1.02x | ฿-110.95 Million |
| 2016 | 5.55% | 111.42% | 0.05x | 1.00x | ฿-101.59 Million |
| 2017 | 6.61% | 111.81% | 0.06x | 1.00x | ฿-80.05 Million |
| 2018 | 6.82% | 111.77% | 0.06x | 1.00x | ฿-77.11 Million |
| 2019 | 5.68% | 81.36% | 0.07x | 1.00x | ฿-105.23 Million |
| 2020 | -24.04% | -375.68% | 0.06x | 1.00x | ฿-615.77 Million |
| 2021 | 2.15% | 125.89% | 0.02x | 1.00x | ฿-141.99 Million |
| 2022 | 10.62% | 269.50% | 0.04x | 1.01x | ฿12.43 Million |
| 2023 | 19.87% | 448.91% | 0.04x | 1.02x | ฿236.24 Million |
| 2024 | 5.77% | 78.14% | 0.07x | 1.03x | ฿-102.59 Million |
Industry Comparison
This section compares Luxury Real Estate Investment Fund's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Luxury Real Estate Investment Fund (LUXF) | ฿2.43 Billion | 3.40% | 0.03x | $52.06 Million |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $-4.38 Billion | 0.00% | 0.00x | $81.12 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $1.95 Billion | 5.90% | 0.00x | $45.68 Million |
| Food and Drinks Public Company Limited (F&D) | $573.40 Million | -11.27% | 0.83x | $29.11 Million |
| Future Park Leasehold Property Fund (FUTUREPF) | $6.37 Billion | 12.73% | 0.15x | $206.33 Million |
| HEMARAJ INDUSTRIAL PROPERTY AND LEASEHOLD FUND (HPF) | $14.95 Million | 1087.82% | 314.39x | $71.78 Million |
| Lighting and Equipment Public Company Limited (L&E) | $1.11 Billion | 6.70% | 1.45x | $19.48 Million |
| Land and Houses Freehold and Leasehold Property Fund (LHPF) | $3.54 Billion | 4.62% | 0.02x | $49.99 Million |
| Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) | $3.58 Billion | 2.63% | 0.00x | $66.50 Million |
| Sala @ Sathorn Property Fund (SSPF) | $1.49 Billion | 3.50% | 0.00x | $20.72 Million |
About Luxury Real Estate Investment Fund
Luxury Real Estate Investment Fund is a real estate investment fund.