MFC Asset Management Public Company Limited (MFC) - Net Assets
Based on the latest financial reports, MFC Asset Management Public Company Limited (MFC) has net assets worth ฿1.48 Billion THB (≈ $46.02 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 (฿2.18 Billion ≈ $67.81 Million USD) and total liabilities (฿699.09 Million ≈ $21.79 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 MFC capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.48 Billion |
| % of Total Assets | 67.87% |
| Annual Growth Rate | -0.38% |
| 5-Year Change | 5.16% |
| 10-Year Change | 3.69% |
| Growth Volatility | 7.69 |
MFC Asset Management Public Company Limited - Net Assets Trend (2000–2025)
This chart illustrates how MFC Asset Management Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of MFC Asset Management Public Company Limi.
Annual Net Assets for MFC Asset Management Public Company Limited (2000–2025)
The table below shows the annual net assets of MFC Asset Management Public Company Limited from 2000 to 2025. Also explore MFC year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.39 Billion ≈ $43.27 Million |
+10.34% |
| 2024-12-31 | ฿1.26 Billion ≈ $39.22 Million |
+5.82% |
| 2023-12-31 | ฿1.19 Billion ≈ $37.06 Million |
-3.02% |
| 2022-12-31 | ฿1.23 Billion ≈ $38.21 Million |
-7.13% |
| 2021-12-31 | ฿1.32 Billion ≈ $41.15 Million |
+24.08% |
| 2020-12-31 | ฿1.06 Billion ≈ $33.16 Million |
-3.49% |
| 2019-12-31 | ฿1.10 Billion ≈ $34.36 Million |
-6.75% |
| 2018-12-31 | ฿1.18 Billion ≈ $36.85 Million |
-6.33% |
| 2017-12-31 | ฿1.26 Billion ≈ $39.34 Million |
-5.73% |
| 2016-12-31 | ฿1.34 Billion ≈ $41.73 Million |
+3.22% |
| 2015-12-31 | ฿1.30 Billion ≈ $40.43 Million |
-3.91% |
| 2014-12-31 | ฿1.35 Billion ≈ $42.08 Million |
-0.18% |
| 2013-12-31 | ฿1.35 Billion ≈ $42.16 Million |
+7.83% |
| 2012-12-31 | ฿1.25 Billion ≈ $39.09 Million |
-2.22% |
| 2011-12-31 | ฿1.28 Billion ≈ $39.98 Million |
-11.48% |
| 2010-12-31 | ฿1.45 Billion ≈ $45.16 Million |
+7.35% |
| 2009-12-31 | ฿1.35 Billion ≈ $42.07 Million |
-0.65% |
| 2008-12-31 | ฿1.36 Billion ≈ $42.35 Million |
-0.49% |
| 2007-12-31 | ฿1.37 Billion ≈ $42.56 Million |
+3.33% |
| 2006-12-31 | ฿1.32 Billion ≈ $41.19 Million |
+0.25% |
| 2005-12-31 | ฿1.32 Billion ≈ $41.09 Million |
-7.03% |
| 2004-12-31 | ฿1.42 Billion ≈ $44.19 Million |
+0.49% |
| 2003-12-31 | ฿1.41 Billion ≈ $43.98 Million |
+7.85% |
| 2002-12-31 | ฿1.31 Billion ≈ $40.78 Million |
-1.94% |
| 2001-12-31 | ฿1.33 Billion ≈ $41.58 Million |
-12.72% |
| 2000-12-31 | ฿1.53 Billion ≈ $47.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MFC Asset Management 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 decreased by 26.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿475.39 Million | 34.24% |
| Common Stock | ฿125.62 Million | 9.05% |
| Other Comprehensive Income | ฿12.19 Million | 0.88% |
| Other Components | ฿775.20 Million | 55.83% |
| Total Equity | ฿1.39 Billion | 100.00% |
MFC Asset Management Public Company Limited Competitors by Market Cap
The table below lists competitors of MFC Asset Management Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Namsun Alumini
KO:008350
|
$92.02 Million |
|
Iljin Diamond
KO:081000
|
$92.08 Million |
|
Suraj Estate Developers Ltd.
NSE:SURAJEST
|
$92.09 Million |
|
Sitowise Group Oyj
HE:SITOWS
|
$92.12 Million |
|
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS
IS:ORMA
|
$91.99 Million |
|
MAISON POMMERY & ASSOCIES
PA:POMRY
|
$91.98 Million |
|
Powerlong Real Estate Holdings Limited
F:PW5
|
$91.97 Million |
|
Nabaltec AG
F:NTG
|
$91.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MFC Asset Management Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,258,321,487 to 1,388,390,233, a change of 130,068,746 (10.3%).
- Net income of 239,591,694 contributed positively to equity growth.
- Dividend payments of 131,898,053 reduced retained earnings.
- Other comprehensive income decreased equity by 70,814,005.
- Other factors increased equity by 93,189,110.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿239.59 Million | +17.26% |
| Dividends Paid | ฿131.90 Million | -9.5% |
| Other Comprehensive Income | ฿-70.81 Million | -5.1% |
| Other Changes | ฿93.19 Million | +6.71% |
| Total Change | ฿- | 10.34% |
Book Value vs Market Value Analysis
This analysis compares MFC Asset Management 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: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.18x to 2.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | ฿127.45 | ฿23.50 | x |
| 2001-12-31 | ฿111.17 | ฿23.50 | x |
| 2002-12-31 | ฿109.02 | ฿23.50 | x |
| 2003-12-31 | ฿11.41 | ฿23.50 | x |
| 2004-12-31 | ฿11.82 | ฿23.50 | x |
| 2005-12-31 | ฿10.68 | ฿23.50 | x |
| 2006-12-31 | ฿10.72 | ฿23.50 | x |
| 2007-12-31 | ฿11.07 | ฿23.50 | x |
| 2008-12-31 | ฿10.96 | ฿23.50 | x |
| 2009-12-31 | ฿11.25 | ฿23.50 | x |
| 2010-12-31 | ฿12.08 | ฿23.50 | x |
| 2011-12-31 | ฿10.69 | ฿23.50 | x |
| 2012-12-31 | ฿10.45 | ฿23.50 | x |
| 2013-12-31 | ฿11.27 | ฿23.50 | x |
| 2014-12-31 | ฿9.82 | ฿23.50 | x |
| 2015-12-31 | ฿9.44 | ฿23.50 | x |
| 2016-12-31 | ฿10.02 | ฿23.50 | x |
| 2017-12-31 | ฿9.57 | ฿23.50 | x |
| 2018-12-31 | ฿9.41 | ฿23.50 | x |
| 2019-12-31 | ฿8.78 | ฿23.50 | x |
| 2020-12-31 | ฿8.47 | ฿23.50 | x |
| 2021-12-31 | ฿10.51 | ฿23.50 | x |
| 2022-12-31 | ฿9.76 | ฿23.50 | x |
| 2023-12-31 | ฿9.47 | ฿23.50 | x |
| 2024-12-31 | ฿10.02 | ฿23.50 | x |
| 2025-12-31 | ฿11.05 | ฿23.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MFC Asset Management 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): 17.26%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.09%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.60x
- Recent ROE (17.26%) is above the historical average (12.66%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.99% | 23.24% | 0.21x | 1.03x | ฿-76.58 Million |
| 2001 | 0.49% | 2.94% | 0.16x | 1.04x | ฿-126.87 Million |
| 2002 | 3.85% | 18.22% | 0.20x | 1.05x | ฿-80.45 Million |
| 2003 | 10.78% | 37.84% | 0.27x | 1.06x | ฿10.69 Million |
| 2004 | 12.58% | 33.87% | 0.35x | 1.07x | ฿36.60 Million |
| 2005 | 8.11% | 23.75% | 0.32x | 1.08x | ฿-24.26 Million |
| 2006 | 6.85% | 20.96% | 0.31x | 1.07x | ฿-40.50 Million |
| 2007 | 8.67% | 21.76% | 0.37x | 1.08x | ฿-17.70 Million |
| 2008 | 5.44% | 12.77% | 0.40x | 1.08x | ฿-59.95 Million |
| 2009 | 8.96% | 20.82% | 0.40x | 1.08x | ฿-14.06 Million |
| 2010 | 13.22% | 27.60% | 0.42x | 1.13x | ฿46.62 Million |
| 2011 | 14.61% | 26.75% | 0.49x | 1.12x | ฿59.16 Million |
| 2012 | 15.77% | 25.32% | 0.53x | 1.17x | ฿72.42 Million |
| 2013 | 25.20% | 30.18% | 0.69x | 1.21x | ฿205.58 Million |
| 2014 | 17.49% | 28.86% | 0.52x | 1.17x | ฿101.12 Million |
| 2015 | 14.53% | 22.28% | 0.56x | 1.17x | ฿58.82 Million |
| 2016 | 14.01% | 23.63% | 0.50x | 1.18x | ฿53.63 Million |
| 2017 | 11.30% | 16.91% | 0.56x | 1.20x | ฿16.46 Million |
| 2018 | 14.22% | 19.15% | 0.63x | 1.18x | ฿49.84 Million |
| 2019 | 11.83% | 14.93% | 0.66x | 1.20x | ฿20.19 Million |
| 2020 | 13.92% | 16.74% | 0.60x | 1.38x | ฿41.70 Million |
| 2021 | 23.19% | 20.48% | 0.86x | 1.32x | ฿174.13 Million |
| 2022 | 18.03% | 20.86% | 0.68x | 1.27x | ฿98.51 Million |
| 2023 | 15.90% | 17.28% | 0.65x | 1.42x | ฿70.11 Million |
| 2024 | 18.05% | 17.17% | 0.72x | 1.45x | ฿101.35 Million |
| 2025 | 17.26% | 15.09% | 0.71x | 1.60x | ฿100.75 Million |
Industry Comparison
This section compares MFC Asset Management Public Company Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,779,626,000
- Average return on equity (ROE) among peers: -6.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MFC Asset Management Public Company Limited (MFC) | ฿1.48 Billion | 4.99% | 0.47x | $92.01 Million |
| Finansa Public Company Limited (FNS) | $2.78 Billion | -6.58% | 2.22x | $7.80 Million |
About MFC Asset Management Public Company Limited
MFC Asset Management Public Company Limited is a publicly owned investment manager. The firm manages mutual funds for its clients. It also manages provident funds for its clients. The firm invests in public equity and fixed income markets of the world. It also invests in industrial property. The firm deals in acquiring and leasing the property. It includes freehold and leasehold, ownership and fr… Read more