Matichon Public Company Limited
Matichon Public Company Limited, together with its subsidiaries, publishes newspapers, pocketbooks, and journals in Thailand. It provides advertisement services; training services and seminars; and prepares various advertising media, including engagement of advertising material and organizer for exhibitions and various activities. The company was founded in 1978 and is based in Bangkok, Thailand.
Matichon Public Company Limited (MATI) - Net Assets
Latest net assets as of September 2025: ฿1.37 Billion THB
Based on the latest financial reports, Matichon Public Company Limited (MATI) has net assets worth ฿1.37 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.70 Billion) and total liabilities (฿326.22 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 | ฿1.37 Billion |
| % of Total Assets | 80.79% |
| Annual Growth Rate | -0.14% |
| 5-Year Change | 7.64% |
| 10-Year Change | 2.13% |
| Growth Volatility | 6.42 |
Matichon Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Matichon 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 Matichon Public Company Limited (2000–2024)
The table below shows the annual net assets of Matichon Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.46 Billion | -5.19% |
| 2023-12-31 | ฿1.54 Billion | -1.79% |
| 2022-12-31 | ฿1.57 Billion | +1.55% |
| 2021-12-31 | ฿1.55 Billion | +13.84% |
| 2020-12-31 | ฿1.36 Billion | +0.14% |
| 2019-12-31 | ฿1.36 Billion | -7.30% |
| 2018-12-31 | ฿1.47 Billion | -0.60% |
| 2017-12-31 | ฿1.47 Billion | +5.67% |
| 2016-12-31 | ฿1.39 Billion | -2.70% |
| 2015-12-31 | ฿1.43 Billion | -9.54% |
| 2014-12-31 | ฿1.58 Billion | -8.59% |
| 2013-12-31 | ฿1.73 Billion | +7.99% |
| 2012-12-31 | ฿1.61 Billion | +3.73% |
| 2011-12-31 | ฿1.55 Billion | -12.83% |
| 2010-12-31 | ฿1.78 Billion | -0.75% |
| 2009-12-31 | ฿1.79 Billion | +2.37% |
| 2008-12-31 | ฿1.75 Billion | +2.72% |
| 2007-12-31 | ฿1.70 Billion | +7.16% |
| 2006-12-31 | ฿1.59 Billion | -10.61% |
| 2005-12-31 | ฿1.78 Billion | +6.56% |
| 2004-12-31 | ฿1.67 Billion | +0.31% |
| 2003-12-31 | ฿1.66 Billion | +6.00% |
| 2002-12-31 | ฿1.57 Billion | +2.23% |
| 2001-12-31 | ฿1.53 Billion | +1.31% |
| 2000-12-31 | ฿1.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Matichon 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 24.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿681.82 Million | 46.57% |
| Common Stock | ฿185.35 Million | 12.66% |
| Other Comprehensive Income | ฿44.00 Million | 3.01% |
| Other Components | ฿552.87 Million | 37.76% |
| Total Equity | ฿1.46 Billion | 100.00% |
Matichon Public Company Limited Competitors by Market Cap
The table below lists competitors of Matichon Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tiv Taam
TA:TTAM
|
$3.38 Million |
|
PT Selaras Citra Nusantara Perkasa Tbk
JK:SCNP
|
$3.38 Million |
|
GPM Metals Inc
PINK:GPMTF
|
$3.39 Million |
|
Noble Financials SA
WAR:IBS
|
$3.39 Million |
|
Gulf Coast
PINK:GULTU
|
$3.38 Million |
|
Brand 24 SA
WAR:B24
|
$3.38 Million |
|
Bowen Acquisition Corp Ordinary Shares
NASDAQ:BOWN
|
$3.38 Million |
|
Beardsell Limited
NSE:BEARDSELL
|
$3.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Matichon Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,544,261,687 to 1,464,037,393, a change of -80,224,294 (-5.2%).
- Net loss of 33,416,998 reduced equity.
- Dividend payments of 46,269,172 reduced retained earnings.
- Other comprehensive income increased equity by 31,659,743.
- Other factors decreased equity by 32,197,868.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-33.42 Million | -2.28% |
| Dividends Paid | ฿46.27 Million | -3.16% |
| Other Comprehensive Income | ฿31.66 Million | +2.16% |
| Other Changes | ฿-32.20 Million | -2.2% |
| Total Change | ฿- | -5.19% |
Book Value vs Market Value Analysis
This analysis compares Matichon 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: 0.39x
- 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 |
|---|---|---|---|
| 2006-12-31 | ฿8.53 | ฿3.10 | x |
| 2007-12-31 | ฿9.18 | ฿3.10 | x |
| 2008-12-31 | ฿9.43 | ฿3.10 | x |
| 2009-12-31 | ฿9.65 | ฿3.10 | x |
| 2010-12-31 | ฿9.58 | ฿3.10 | x |
| 2011-12-31 | ฿8.39 | ฿3.10 | x |
| 2012-12-31 | ฿8.66 | ฿3.10 | x |
| 2013-12-31 | ฿9.35 | ฿3.10 | x |
| 2014-12-31 | ฿8.55 | ฿3.10 | x |
| 2015-12-31 | ฿7.73 | ฿3.10 | x |
| 2016-12-31 | ฿7.53 | ฿3.10 | x |
| 2017-12-31 | ฿7.95 | ฿3.10 | x |
| 2018-12-31 | ฿7.90 | ฿3.10 | x |
| 2019-12-31 | ฿7.33 | ฿3.10 | x |
| 2020-12-31 | ฿7.34 | ฿3.10 | x |
| 2021-12-31 | ฿8.35 | ฿3.10 | x |
| 2022-12-31 | ฿8.48 | ฿3.10 | x |
| 2023-12-31 | ฿8.33 | ฿3.10 | x |
| 2024-12-31 | ฿7.90 | ฿3.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Matichon 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): -2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.66%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.22x
- Recent ROE (-2.28%) is below the historical average (4.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.47% | 11.47% | 0.80x | 1.14x | ฿7.10 Million |
| 2001 | 7.68% | 8.10% | 0.86x | 1.11x | ฿-35.51 Million |
| 2002 | 7.13% | 8.23% | 0.78x | 1.11x | ฿-45.00 Million |
| 2003 | 9.83% | 11.04% | 0.79x | 1.12x | ฿-2.80 Million |
| 2004 | 6.18% | 6.65% | 0.82x | 1.13x | ฿-63.61 Million |
| 2005 | 6.05% | 6.96% | 0.78x | 1.12x | ฿-70.06 Million |
| 2006 | 7.39% | 7.02% | 0.93x | 1.13x | ฿-41.40 Million |
| 2007 | 11.35% | 11.05% | 0.92x | 1.11x | ฿22.91 Million |
| 2008 | 8.24% | 9.42% | 0.79x | 1.11x | ฿-30.74 Million |
| 2009 | 7.16% | 8.33% | 0.79x | 1.09x | ฿-50.78 Million |
| 2010 | 7.33% | 9.22% | 0.71x | 1.12x | ฿-47.48 Million |
| 2011 | 5.72% | 6.55% | 0.68x | 1.28x | ฿-66.21 Million |
| 2012 | 6.49% | 7.55% | 0.67x | 1.28x | ฿-56.41 Million |
| 2013 | 6.30% | 7.10% | 0.68x | 1.30x | ฿-64.16 Million |
| 2014 | -3.21% | -4.38% | 0.57x | 1.29x | ฿-209.32 Million |
| 2015 | -7.21% | -10.05% | 0.56x | 1.28x | ฿-246.69 Million |
| 2016 | -4.56% | -6.83% | 0.54x | 1.24x | ฿-203.15 Million |
| 2017 | 6.09% | 9.78% | 0.51x | 1.21x | ฿-57.60 Million |
| 2018 | 1.30% | 2.24% | 0.47x | 1.22x | ฿-127.50 Million |
| 2019 | -2.81% | -4.81% | 0.45x | 1.31x | ฿-173.95 Million |
| 2020 | 1.96% | 4.02% | 0.37x | 1.31x | ฿-109.29 Million |
| 2021 | 14.14% | 32.50% | 0.34x | 1.27x | ฿64.11 Million |
| 2022 | 4.42% | 10.18% | 0.35x | 1.22x | ฿-87.75 Million |
| 2023 | 1.98% | 4.35% | 0.37x | 1.23x | ฿-123.87 Million |
| 2024 | -2.28% | -5.66% | 0.33x | 1.22x | ฿-179.82 Million |
Industry Comparison
This section compares Matichon Public Company Limited's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $872,020,022
- Average return on equity (ROE) among peers: -8.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Matichon Public Company Limited (MATI) | ฿1.37 Billion | 10.47% | 0.24x | $3.38 Million |
| Amarin Printing and Publishing Public Company Limited (AMARIN) | $1.55 Billion | 14.49% | 0.27x | $7.75 Million |
| Glory Forever PCL (GLORY) | $204.72 Million | -33.12% | 0.16x | $1.38 Million |
| Nation Group (Thailand) PCL (NATION) | $856.41 Million | -7.65% | 3.13x | $5.18 Million |