Mena Transport Public Company Limited
Mena Transport Public Company Limited provides concrete transportation services in Thailand. The company operates through three segments: Transportation Services; Concrete Transportation Services; and Sale of Materials, Equipment and Tools for Construction. It transports ready-mixed concrete, cement, and bags of cement industrial products, including fly ash, calcium ore, and barium, as well as ha… Read more
Mena Transport Public Company Limited (MENA) - Net Assets
Latest net assets as of September 2025: ฿967.16 Million THB
Based on the latest financial reports, Mena Transport Public Company Limited (MENA) has net assets worth ฿967.16 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.40 Billion) and total liabilities (฿435.88 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 | ฿967.16 Million |
| % of Total Assets | 68.93% |
| Annual Growth Rate | 11.36% |
| 5-Year Change | 58.04% |
| 10-Year Change | N/A |
| Growth Volatility | 12.27 |
Mena Transport Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Mena Transport 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 Mena Transport Public Company Limited (2016–2024)
The table below shows the annual net assets of Mena Transport Public Company Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿944.59 Million | +4.62% |
| 2023-12-31 | ฿902.91 Million | +5.79% |
| 2022-12-31 | ฿853.50 Million | +3.84% |
| 2021-12-31 | ฿821.98 Million | +37.53% |
| 2020-12-31 | ฿597.69 Million | +6.18% |
| 2019-12-31 | ฿562.89 Million | +8.04% |
| 2018-12-31 | ฿520.99 Million | +2.15% |
| 2017-12-31 | ฿510.01 Million | +27.73% |
| 2016-12-31 | ฿399.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mena Transport 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 557.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿324.12 Million | 34.31% |
| Other Components | ฿620.47 Million | 65.69% |
| Total Equity | ฿944.59 Million | 100.00% |
Mena Transport Public Company Limited Competitors by Market Cap
The table below lists competitors of Mena Transport Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pivotal Metals Ltd
AU:PVT
|
$7.00 Million |
|
Intertainment AG
XETRA:ITN
|
$7.00 Million |
|
Prospera Energy Inc
PINK:GXRFF
|
$7.00 Million |
|
Chill Brands Group PLC
PINK:CHBRF
|
$7.00 Million |
|
UCrest Bhd
KLSE:0005
|
$6.99 Million |
|
LQR House Inc
NASDAQ:YHC
|
$6.99 Million |
|
Fatfish Group Limited
PINK:FFTTF
|
$6.99 Million |
|
PAKERS.Co.Ltd
KQ:065690
|
$6.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mena Transport Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 902,907,651 to 944,586,150, a change of 41,678,499 (4.6%).
- Net income of 66,556,009 contributed positively to equity growth.
- Dividend payments of 22,019,430 reduced retained earnings.
- Other comprehensive income decreased equity by 9,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿66.56 Million | +7.05% |
| Dividends Paid | ฿22.02 Million | -2.33% |
| Other Comprehensive Income | ฿-9.00 Million | -0.95% |
| Other Changes | ฿6.14 Million | +0.65% |
| Total Change | ฿- | 4.62% |
Book Value vs Market Value Analysis
This analysis compares Mena Transport 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: 0.53x
- 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 1.25x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ฿0.54 | ฿0.68 | x |
| 2017-12-31 | ฿0.69 | ฿0.68 | x |
| 2018-12-31 | ฿0.71 | ฿0.68 | x |
| 2019-12-31 | ฿0.77 | ฿0.68 | x |
| 2020-12-31 | ฿0.81 | ฿0.68 | x |
| 2021-12-31 | ฿1.28 | ฿0.68 | x |
| 2022-12-31 | ฿1.16 | ฿0.68 | x |
| 2023-12-31 | ฿1.23 | ฿0.68 | x |
| 2024-12-31 | ฿1.29 | ฿0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mena Transport 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): 7.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.98%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.52x
- Recent ROE (7.05%) is below the historical average (7.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.36% | 7.71% | 0.56x | 2.85x | ฿9.43 Million |
| 2017 | 12.52% | 9.30% | 0.60x | 2.24x | ฿12.83 Million |
| 2018 | 6.90% | 5.42% | 0.61x | 2.10x | ฿-16.15 Million |
| 2019 | 6.69% | 5.46% | 0.68x | 1.80x | ฿-18.65 Million |
| 2020 | 5.82% | 5.75% | 0.66x | 1.53x | ฿-24.97 Million |
| 2021 | 3.96% | 5.79% | 0.53x | 1.29x | ฿-49.68 Million |
| 2022 | 6.00% | 7.35% | 0.60x | 1.36x | ฿-34.17 Million |
| 2023 | 7.91% | 9.20% | 0.58x | 1.49x | ฿-18.86 Million |
| 2024 | 7.05% | 7.98% | 0.58x | 1.52x | ฿-27.90 Million |
Industry Comparison
This section compares Mena Transport Public Company Limited's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $446,757,467
- Average return on equity (ROE) among peers: 27.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mena Transport Public Company Limited (MENA) | ฿967.16 Million | 12.36% | 0.45x | $7.00 Million |
| Kiattana Transport Public Company Limited (KIAT) | $446.76 Million | 27.47% | 0.34x | $14.00 Million |