MCA_MARKET CONNECTIONS ASIA
Market Connections Asia Public Company Limited provides event marketing services in Thailand and Singapore. It operates through Marketing and Digital Activities; Packing and Logistics; Product Consultants; Merchandising; and Distributor segments. The company offers shopper engagement, field force activation, experiential and event marketing, local/retail media research analytics premium, and digi… Read more
MCA_MARKET CONNECTIONS ASIA (MCA) - Net Assets
Latest net assets as of June 2024: ฿300.02 Million THB
Based on the latest financial reports, MCA_MARKET CONNECTIONS ASIA (MCA) has net assets worth ฿300.02 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 (฿361.00 Million) and total liabilities (฿60.98 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 | ฿300.02 Million |
| % of Total Assets | 83.11% |
| Annual Growth Rate | 87.09% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 93.56 |
MCA_MARKET CONNECTIONS ASIA - Net Assets Trend (2022–2024)
This chart illustrates how MCA_MARKET CONNECTIONS ASIA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MCA_MARKET CONNECTIONS ASIA (2022–2024)
The table below shows the annual net assets of MCA_MARKET CONNECTIONS ASIA from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | ฿297.86 Million | +202.81% |
| 2023-06-30 | ฿98.37 Million | +15.69% |
| 2022-06-30 | ฿85.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MCA_MARKET CONNECTIONS ASIA'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 2.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿12.08 Million | 4.06% |
| Other Components | ฿285.78 Million | 95.94% |
| Total Equity | ฿297.86 Million | 100.00% |
MCA_MARKET CONNECTIONS ASIA Competitors by Market Cap
The table below lists competitors of MCA_MARKET CONNECTIONS ASIA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Landmark Property Development Company Limited
NSE:LPDC
|
$2.32 Million |
|
First National Bank Alaska
OTCQX:FBAK
|
$2.32 Million |
|
LIGHT SC.TEC.HLDG LS -01
F:9FD
|
$2.33 Million |
|
AGM Group Holdings Inc Class A
NASDAQ:AGMH
|
$2.33 Million |
|
AleAnna, Inc. Warrant
NASDAQ:ANNAW
|
$2.32 Million |
|
OSI SYSTEMS - Dusseldorf Stock Exchang
DU:OS2
|
$2.32 Million |
|
Parvis Invest Inc.
V:PVIS
|
$2.32 Million |
|
BOA Resources Ltd
AU:BOA
|
$2.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MCA_MARKET CONNECTIONS ASIA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 98,367,383 to 297,861,792, a change of 199,494,409 (202.8%).
- Net income of 25,119,743 contributed positively to equity growth.
- Dividend payments of 17,117,300 reduced retained earnings.
- New share issuances of 190,980,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿25.12 Million | +8.43% |
| Dividends Paid | ฿17.12 Million | -5.75% |
| Share Issuances | ฿190.98 Million | +64.12% |
| Other Changes | ฿511.97K | +0.17% |
| Total Change | ฿- | 202.81% |
Book Value vs Market Value Analysis
This analysis compares MCA_MARKET CONNECTIONS ASIA'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: 0.88x
- 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 3.08x to 0.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | ฿0.37 | ฿1.14 | x |
| 2023-06-30 | ฿0.43 | ฿1.14 | x |
| 2024-06-30 | ฿1.30 | ฿1.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MCA_MARKET CONNECTIONS ASIA 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): 8.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.33%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.21x
- Recent ROE (8.43%) is below the historical average (9.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 3.22% | 1.22% | 1.61x | 1.63x | ฿-5.76 Million |
| 2023 | 16.79% | 4.43% | 2.31x | 1.64x | ฿6.67 Million |
| 2024 | 8.43% | 5.33% | 1.31x | 1.21x | ฿-4.67 Million |
Industry Comparison
This section compares MCA_MARKET CONNECTIONS ASIA's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,879,254,491
- Average return on equity (ROE) among peers: 21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MCA_MARKET CONNECTIONS ASIA (MCA) | ฿300.02 Million | 3.22% | 0.20x | $2.32 Million |
| AddTech Hub Public Company Limited (ADD) | $25.41 Million | 103.83% | 1.76x | $7.07 Million |
| Aqua Corporation Public Company Limited (AQUA) | $846.18 Million | 3.69% | 0.23x | $10.21 Million |
| CMO Public Company Limited (CMO) | $500.06 Million | 10.58% | 1.31x | $4.46 Million |
| Far East Fame Line DDB Public Company Limited (FE) | $1.42 Billion | 5.35% | 0.25x | $9.47 Million |
| Grand Prix International Public Company Limited (GPI) | $783.43 Million | 16.79% | 0.28x | $11.33 Million |
| LTMH Public Company Limited (LTMH) | $80.09 Million | 38.93% | 0.63x | $1.27K |
| M Vision Public Company Limited (MVP) | $229.29 Million | 2.43% | 0.76x | $747.17K |
| Pico (Thailand) Public Company Limited (PICO) | $437.36 Million | 4.50% | 0.95x | $5.95 Million |
| Plan B Media PCL (PLANB) | $12.59 Billion | 8.78% | 0.55x | $245.64 Million |