MDX Public Company Limited (MDX) - Net Assets

Latest as of March 2026: ฿7.54 Billion THB ≈ $235.05 Million USD

Based on the latest financial reports, MDX Public Company Limited (MDX) has net assets worth ฿7.54 Billion THB (≈ $235.05 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿8.07 Billion ≈ $251.39 Million USD) and total liabilities (฿524.06 Million ≈ $16.33 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 MDX Public Company Limited tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿7.54 Billion
% of Total Assets	93.5%
Annual Growth Rate	N/A
5-Year Change	17.38%
10-Year Change	58.2%
Growth Volatility	19.33

MDX Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how MDX Public Company Limited's net assets have evolved over time, based on quarterly financial data. See MDX Public Company Limited (MDX) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for MDX Public Company Limited (2000–2025)

The table below shows the annual net assets of MDX Public Company Limited from 2000 to 2025. For live valuation and market cap data, see market value of MDX Public Company Limited.

Year	Net Assets	Change
2025-12-31	฿7.27 Billion ≈ $226.73 Million	+2.63%
2024-12-31	฿7.09 Billion ≈ $220.92 Million	+4.80%
2023-12-31	฿6.76 Billion ≈ $210.80 Million	+2.51%
2022-12-31	฿6.60 Billion ≈ $205.63 Million	+6.45%
2021-12-31	฿6.20 Billion ≈ $193.17 Million	+14.99%
2020-12-31	฿5.39 Billion ≈ $167.98 Million	+3.24%
2019-12-31	฿5.22 Billion ≈ $162.71 Million	-0.74%
2018-12-31	฿5.26 Billion ≈ $163.93 Million	+13.18%
2017-12-31	฿4.65 Billion ≈ $144.84 Million	+1.06%
2016-12-31	฿4.60 Billion ≈ $143.32 Million	+0.88%
2015-12-31	฿4.56 Billion ≈ $142.06 Million	+10.20%
2014-12-31	฿4.14 Billion ≈ $128.91 Million	+7.15%
2013-12-31	฿3.86 Billion ≈ $120.31 Million	+0.36%
2012-12-31	฿3.85 Billion ≈ $119.89 Million	+21.69%
2011-12-31	฿3.16 Billion ≈ $98.52 Million	+3.59%
2010-12-31	฿3.05 Billion ≈ $95.10 Million	+8.03%
2009-12-31	฿2.82 Billion ≈ $88.03 Million	-32.70%
2008-12-31	฿4.20 Billion ≈ $130.80 Million	+5.03%
2007-12-31	฿4.00 Billion ≈ $124.54 Million	+77.42%
2006-12-31	฿2.25 Billion ≈ $70.20 Million	+151.85%
2005-12-31	฿-4.34 Billion ≈ $-135.38 Million	+10.21%
2004-12-31	฿-4.84 Billion ≈ $-150.77 Million	+32.37%
2003-12-31	฿-7.15 Billion ≈ $-222.95 Million	+9.51%
2002-12-31	฿-7.90 Billion ≈ $-246.38 Million	-55.30%
2001-12-31	฿-5.09 Billion ≈ $-158.65 Million	-39.96%
2000-12-31	฿-3.64 Billion ≈ $-113.35 Million	--

Equity Component Analysis

This analysis shows how different components contribute to MDX 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 429275782241.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿45.15 Million	1.09%
Common Stock	฿4.76 Billion	114.60%
Other Comprehensive Income	฿-5.15 Million	-0.12%
Total Equity	฿4.15 Billion	100.00%

MDX Public Company Limited Competitors by Market Cap

The table below lists competitors of MDX Public Company Limited ranked by their market capitalization.

Company	Market Cap
Jeil Technos Co.Ltd KQ:038010	$36.19 Million
Iktinos Hellas S.A. Greek Marble Industry Technical and Touristic Company AT:IKTIN	$36.20 Million
Concraft Holding Co Ltd TW:4943	$36.20 Million
OTRS AG F:TR9	$36.22 Million
Turism Hotelur RO:EFO	$36.15 Million
Success Transformer Corporation Bhd KLSE:7207	$36.14 Million
Vection Technologies Ltd AU:VR1	$36.11 Million
Dancomech Holdings Bhd KLSE:5276	$36.11 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 4,002,070,667 to 4,150,048,462, a change of 147,977,795 (3.7%).
Net income of 344,230,266 contributed positively to equity growth.
Other comprehensive income decreased equity by 193,155,602.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿344.23 Million	+8.29%
Other Comprehensive Income	฿-193.16 Million	-4.65%
Other Changes	฿-3.10 Million	-0.07%
Total Change	฿-	3.70%

Book Value vs Market Value Analysis

This analysis compares MDX 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: 0.28x
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 2.58x to 0.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	฿0.95	฿2.44	x
2007-12-31	฿1.29	฿2.44	x
2008-12-31	฿1.54	฿2.44	x
2009-12-31	฿1.63	฿2.44	x
2010-12-31	฿1.93	฿2.44	x
2011-12-31	฿2.48	฿2.44	x
2012-12-31	฿3.87	฿2.44	x
2013-12-31	฿4.08	฿2.44	x
2014-12-31	฿4.65	฿2.44	x
2015-12-31	฿5.39	฿2.44	x
2016-12-31	฿5.36	฿2.44	x
2017-12-31	฿5.66	฿2.44	x
2018-12-31	฿6.71	฿2.44	x
2019-12-31	฿6.73	฿2.44	x
2020-12-31	฿6.93	฿2.44	x
2021-12-31	฿8.28	฿2.44	x
2022-12-31	฿8.95	฿2.44	x
2023-12-31	฿7.96	฿2.44	x
2024-12-31	฿8.41	฿2.44	x
2025-12-31	฿8.73	฿2.44	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MDX 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): 8.29%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 90.38%
• Asset Turnover: 0.05x
• Equity Multiplier: 1.88x
Recent ROE (8.29%) is below the historical average (81.52%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	1400.93%	724.66%	0.37x	5.26x	฿6.26 Billion
2007	31.05%	25.76%	0.18x	6.85x	฿127.57 Million
2008	17.11%	69.20%	0.04x	5.86x	฿52.12 Million
2009	2.78%	12.29%	0.04x	5.62x	฿-55.78 Million
2010	19.62%	84.29%	0.05x	4.89x	฿88.38 Million
2011	14.11%	28.05%	0.11x	4.64x	฿42.05 Million
2012	28.64%	43.61%	0.20x	3.30x	฿297.62 Million
2013	12.98%	32.77%	0.12x	3.18x	฿49.76 Million
2014	17.80%	57.38%	0.11x	2.74x	฿149.55 Million
2015	8.91%	69.57%	0.05x	2.51x	฿-23.98 Million
2016	2.60%	24.18%	0.04x	2.42x	฿-165.66 Million
2017	9.50%	82.73%	0.05x	2.26x	฿-11.52 Million
2018	14.45%	108.66%	0.06x	2.10x	฿122.38 Million
2019	3.68%	38.76%	0.05x	2.07x	฿-173.40 Million
2020	7.54%	65.92%	0.06x	2.06x	฿-70.57 Million
2021	17.53%	175.58%	0.05x	1.96x	฿257.05 Million
2022	3.19%	37.38%	0.04x	1.91x	฿-250.22 Million
2023	3.95%	52.29%	0.04x	1.90x	฿-229.10 Million
2024	5.75%	90.79%	0.03x	1.91x	฿-170.14 Million
2025	8.29%	90.38%	0.05x	1.88x	฿-70.77 Million

Industry Comparison

This section compares MDX Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

Industry: Real Estate - Development
Average net assets among peers: $5,142,749,176
Average return on equity (ROE) among peers: 1.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MDX Public Company Limited (MDX)	฿7.54 Billion	1400.93%	0.07x	$36.17 Million
Areeya Property Public Company Limited (A)	$1.45 Billion	0.60%	1.95x	$147.84 Million
Amata Corporation Public Company Limited (AMATA)	$16.98 Billion	10.26%	1.14x	$967.80 Million
Amata Corporation Public Company Limited (AMATA-R)	$16.98 Billion	10.26%	1.14x	$605.77 Million
Ananda Development Public Company Limited (ANAN)	$174.12 Million	0.00%	6.30x	$40.26 Million
AP (Thailand) Public Company Limited (AP)	$5.72 Billion	15.72%	1.30x	$706.00 Million
Baan Rock Garden Public Company Limited (BROCK)	$1.24 Billion	1.31%	0.02x	$37.70 Million
Country Group Development Public Company Limited (CGD)	$510.69 Million	-15.24%	0.64x	$25.76 Million
Chewathai Public Company Limited (CHEWA)	$1.74 Billion	-3.16%	2.68x	$6.76 Million
Charn Issara Development Public Company Limited (CI)	$2.25 Billion	-11.76%	3.82x	$10.97 Million
Eastern Star Real Estate Public Company Limited (ESTAR)	$4.39 Billion	3.40%	0.35x	$34.44 Million

About MDX Public Company Limited

BK:MDX Thailand Real Estate - Development

Market Cap

$36.17 Million

฿1.16 Billion THB

Market Cap Rank

#23177 Global

#417 in Thailand

Share Price

฿2.44

Change (1 day)

+0.00%

52-Week Range

฿2.24 - ฿2.82

All Time High

฿7.85