MK Restaurant Group Public Company Limited (M) - Net Assets

Latest as of December 2025: ฿13.28 Billion THB ≈ $414.00 Million USD

Based on the latest financial reports, MK Restaurant Group Public Company Limited (M) has net assets worth ฿13.28 Billion THB (≈ $414.00 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿19.02 Billion ≈ $592.97 Million USD) and total liabilities (฿5.74 Billion ≈ $178.97 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 MK Restaurant Group Public Company Limit liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿13.28 Billion
% of Total Assets	69.82%
Annual Growth Rate	12.34%
5-Year Change	-1.68%
10-Year Change	-0.71%
Growth Volatility	188.92

MK Restaurant Group Public Company Limited - Net Assets Trend (2009–2025)

This chart illustrates how MK Restaurant Group Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore M asset base for the complete picture of this company's asset base.

Annual Net Assets for MK Restaurant Group Public Company Limited (2009–2025)

The table below shows the annual net assets of MK Restaurant Group Public Company Limited from 2009 to 2025. For live valuation and market cap data, see market cap of MK Restaurant Group Public Company Limit.

Year	Net Assets	Change
2025-12-31	฿13.28 Billion ≈ $414.00 Million	-3.75%
2024-12-31	฿13.80 Billion ≈ $430.14 Million	-2.78%
2023-12-31	฿14.19 Billion ≈ $442.43 Million	+3.12%
2022-12-31	฿13.77 Billion ≈ $429.05 Million	+1.90%
2021-12-31	฿13.51 Billion ≈ $421.06 Million	-2.45%
2020-12-31	฿13.85 Billion ≈ $431.61 Million	-5.33%
2019-12-31	฿14.63 Billion ≈ $455.90 Million	+3.18%
2018-12-31	฿14.18 Billion ≈ $441.86 Million	+2.51%
2017-12-31	฿13.83 Billion ≈ $431.03 Million	+3.37%
2016-12-31	฿13.38 Billion ≈ $416.96 Million	+2.92%
2015-12-31	฿13.00 Billion ≈ $405.13 Million	+2.50%
2014-12-31	฿12.68 Billion ≈ $395.25 Million	+1.25%
2013-12-31	฿12.52 Billion ≈ $390.37 Million	+778.09%
2012-12-31	฿1.43 Billion ≈ $44.46 Million	+5.50%
2011-12-31	฿1.35 Billion ≈ $42.14 Million	-33.94%
2010-12-31	฿2.05 Billion ≈ $63.79 Million	-0.85%
2009-12-31	฿2.06 Billion ≈ $64.33 Million	--

Equity Component Analysis

This analysis shows how different components contribute to MK Restaurant Group 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 48.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿2.46 Billion	19.02%
Other Components	฿10.46 Billion	80.98%
Total Equity	฿12.91 Billion	100.00%

MK Restaurant Group Public Company Limited Competitors by Market Cap

The table below lists competitors of MK Restaurant Group Public Company Limited ranked by their market capitalization.

Company	Market Cap
Harbin Medisan Pharmaceutical Co Ltd SHE:002900	$535.14 Million
HAIT.UT.INT.FIN.L. H YC 1 F:HA6	$535.17 Million
Energy Vault Holdings Inc NYSE:NRGV	$535.25 Million
Luoyang Jalon Micro-Nano New Materials Co Ltd SHG:688357	$535.31 Million
Bradespar S.A SA:BRAP3	$535.02 Million
Jiangsu Smartwin Electronics Technology Co.Ltd. SHE:301106	$534.95 Million
Ardmore Shipping Corporation F:A61	$534.92 Million
Lanzhou Minbai Shareholding Group Co Ltd SHG:600738	$534.75 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MK Restaurant Group Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 13,429,137,899 to 12,912,296,481, a change of -516,841,418 (-3.8%).
Net income of 837,964,551 contributed positively to equity growth.
Dividend payments of 1,355,411,295 reduced retained earnings.
Other comprehensive income decreased equity by 570,153,932.
Other factors increased equity by 570,759,258.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿837.96 Million	+6.49%
Dividends Paid	฿1.36 Billion	-10.5%
Other Comprehensive Income	฿-570.15 Million	-4.42%
Other Changes	฿570.76 Million	+4.42%
Total Change	฿-	-3.85%

Book Value vs Market Value Analysis

This analysis compares MK Restaurant Group 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: 1.33x
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 6.68x to 1.33x 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	฿2.84	฿19.00	x
2011-12-31	฿1.49	฿19.00	x
2012-12-31	฿1.98	฿19.00	x
2013-12-31	฿15.62	฿19.00	x
2014-12-31	฿13.80	฿19.00	x
2015-12-31	฿14.15	฿19.00	x
2016-12-31	฿14.54	฿19.00	x
2017-12-31	฿15.02	฿19.00	x
2018-12-31	฿15.39	฿19.00	x
2019-12-31	฿15.54	฿19.00	x
2020-12-31	฿14.68	฿19.00	x
2021-12-31	฿14.33	฿19.00	x
2022-12-31	฿14.60	฿19.00	x
2023-12-31	฿15.03	฿19.00	x
2024-12-31	฿14.66	฿19.00	x
2025-12-31	฿14.29	฿19.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MK Restaurant Group 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): 6.49%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.55%
• Asset Turnover: 0.79x
• Equity Multiplier: 1.47x
Recent ROE (6.49%) is below the historical average (28.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	119.68%	15.11%	2.78x	2.85x	฿1.48 Billion
2012	143.06%	15.71%	2.58x	3.53x	฿1.90 Billion
2013	16.28%	14.60%	0.93x	1.20x	฿786.75 Million
2014	16.11%	13.95%	0.98x	1.18x	฿774.31 Million
2015	14.28%	12.82%	0.96x	1.16x	฿556.21 Million
2016	15.70%	13.89%	0.97x	1.17x	฿762.04 Million
2017	17.53%	15.09%	0.99x	1.18x	฿1.04 Billion
2018	18.15%	15.35%	0.98x	1.21x	฿1.16 Billion
2019	18.20%	14.96%	0.97x	1.25x	฿1.17 Billion
2020	6.71%	6.79%	0.66x	1.51x	฿-444.93 Million
2021	0.99%	1.17%	0.57x	1.48x	฿-1.19 Billion
2022	10.70%	9.15%	0.79x	1.48x	฿94.54 Million
2023	12.15%	10.10%	0.82x	1.47x	฿297.61 Million
2024	10.73%	9.35%	0.80x	1.44x	฿98.65 Million
2025	6.49%	5.55%	0.79x	1.47x	฿-453.27 Million

Industry Comparison

This section compares MK Restaurant Group Public Company Limited's net assets metrics with peer companies in the Restaurants industry.

Industry Context

Industry: Restaurants
Average net assets among peers: $1,803,125,233
Average return on equity (ROE) among peers: 25.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MK Restaurant Group Public Company Limited (M)	฿13.28 Billion	119.68%	0.43x	$535.14 Million
After You Public Company Limited (AU)	$1.11 Billion	26.75%	0.42x	$119.48 Million
S&P Syndicate Public Company Limited (SNP)	$2.50 Billion	24.33%	0.52x	$140.86 Million

About MK Restaurant Group Public Company Limited

BK:M Thailand Restaurants

Market Cap

$535.14 Million

฿17.17 Billion THB

Market Cap Rank

#12192 Global

#121 in Thailand

Share Price

฿19.00

Change (1 day)

-0.52%

52-Week Range

฿13.90 - ฿34.75

All Time High

฿72.71