Mfc Patong Heritage Property Fund
Mfc Patong Heritage Property Fund operates in Diversified Metals & Mining.
Mfc Patong Heritage Property Fund (M-PAT) - Net Assets
Latest net assets as of June 2024: ฿622.71 Million THB
Based on the latest financial reports, Mfc Patong Heritage Property Fund (M-PAT) has net assets worth ฿622.71 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿623.37 Million) and total liabilities (฿662.00K). 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 | ฿622.71 Million |
| % of Total Assets | 99.89% |
| Annual Growth Rate | -5.73% |
| 5-Year Change | -27.87% |
| 10-Year Change | N/A |
| Growth Volatility | 12.67 |
Mfc Patong Heritage Property Fund - Net Assets Trend (2014–2023)
This chart illustrates how Mfc Patong Heritage Property Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Mfc Patong Heritage Property Fund (2014–2023)
The table below shows the annual net assets of Mfc Patong Heritage Property Fund from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿630.11 Million | -3.65% |
| 2022-12-31 | ฿653.98 Million | +17.27% |
| 2021-12-31 | ฿557.68 Million | -13.24% |
| 2020-12-31 | ฿642.78 Million | -26.42% |
| 2019-12-31 | ฿873.56 Million | -21.57% |
| 2018-12-31 | ฿1.11 Billion | +0.40% |
| 2017-12-31 | ฿1.11 Billion | +2.54% |
| 2016-12-31 | ฿1.08 Billion | +0.68% |
| 2015-12-31 | ฿1.07 Billion | +0.23% |
| 2014-12-31 | ฿1.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mfc Patong Heritage Property 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 decreased by 1953.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿1.04 Billion | 164.97% |
| Total Equity | ฿630.11 Million | 100.00% |
Mfc Patong Heritage Property Fund Competitors by Market Cap
The table below lists competitors of Mfc Patong Heritage Property Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Utilico Emerging Markets Ltd
LSE:UEM
|
$329.20 |
|
JahangirSidd(Pref)
KAR:JSCLPSA
|
$330.00 |
|
Energy Revenue Amer
PINK:ERAO
|
$330.23 |
|
Alternative Liquidity Fund Limited
LSE:ALF
|
$331.46 |
|
HOMEBOYZ ENTERTAINMENT PLC
XNAI:HEL
|
$328.32 |
|
Atlas For Investment and Food Industries
EGX:ALRA
|
$328.02 |
|
ICC Industries
KAR:ICCI
|
$327.44 |
|
JS Momentum
KAR:JSMFETF
|
$327.10 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mfc Patong Heritage Property Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 653,983,893 to 630,109,024, a change of -23,874,869 (-3.7%).
- Net loss of 23,874,867 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-23.87 Million | -3.79% |
| Other Changes | ฿-2.00 | -0.0% |
| Total Change | ฿- | -3.65% |
Book Value vs Market Value Analysis
This analysis compares Mfc Patong Heritage Property 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: 0.21x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿10.21 | ฿1.25 | x |
| 2015-12-31 | ฿10.23 | ฿1.25 | x |
| 2016-12-31 | ฿10.30 | ฿1.25 | x |
| 2017-12-31 | ฿10.57 | ฿1.25 | x |
| 2018-12-31 | ฿10.61 | ฿1.25 | x |
| 2019-12-31 | ฿8.31 | ฿1.25 | x |
| 2020-12-31 | ฿6.12 | ฿1.25 | x |
| 2021-12-31 | ฿5.31 | ฿1.25 | x |
| 2022-12-31 | ฿6.23 | ฿1.25 | x |
| 2023-12-31 | ฿6.00 | ฿1.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mfc Patong Heritage Property 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): -3.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -544.72%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.00x
- Recent ROE (-3.79%) is below the historical average (-2.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.26% | 93.28% | 0.08x | 1.00x | ฿-29.38 Million |
| 2015 | 7.15% | 87.83% | 0.08x | 1.00x | ฿-30.65 Million |
| 2016 | 7.55% | 93.49% | 0.08x | 1.00x | ฿-26.50 Million |
| 2017 | 9.15% | 116.44% | 0.08x | 1.00x | ฿-9.47 Million |
| 2018 | 7.10% | 90.00% | 0.08x | 1.00x | ฿-32.30 Million |
| 2019 | -20.89% | -422.15% | 0.05x | 1.00x | ฿-269.49 Million |
| 2020 | -35.02% | -5934.32% | 0.01x | 1.00x | ฿-289.37 Million |
| 2021 | -15.26% | -43571.86% | 0.00x | 1.00x | ฿-140.87 Million |
| 2022 | 14.73% | 21725.64% | 0.00x | 1.00x | ฿30.91 Million |
| 2023 | -3.79% | -544.72% | 0.01x | 1.00x | ฿-86.89 Million |
Industry Comparison
This section compares Mfc Patong Heritage Property 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 |
|---|---|---|---|---|
| Mfc Patong Heritage Property Fund (M-PAT) | ฿622.71 Million | 7.26% | 0.00x | $328.95 |
| BURIRAM SUGAR GROUP POWER PLANT INFRASTRUCTURE FUND (BRRGIF) | $2.60 Billion | -0.03% | 0.00x | $1.04K |
| BTS Rail Mass Transit Growth (BTSGIF) | $-1.14 Billion | 0.00% | 0.00x | $694.94 |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $4.50 Billion | 7.19% | 0.12x | $55.23 Million |
| C.P. Tower Growth Leasehold Property Fund (CPTGF) | $9.97 Billion | 7.67% | 0.04x | $83.24 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $1.90 Billion | 5.92% | 0.00x | $31.56 Million |
| Digital Telecommunications Infrastructure Fund (DIF) | $-45.10 Billion | 0.00% | 0.00x | $2.53K |
| North Bangkok Power Plant (EGATIF) | $21.22 Billion | 2.80% | 0.00x | $1.65K |
| Food and Drinks Public Company Limited (F&D) | $573.40 Million | -11.27% | 0.83x | $1.80 Million |
| Future Park Leasehold Property Fund (FUTUREPF) | $1.61 Billion | 45.43% | 3.51x | $91.63 Million |
| GULF ENERGY DEVELOPMENT-NVDR (GULF-R) | $39.35 Billion | 8.77% | 1.56x | $6.05 Billion |