Millennium Grp Corp (Asia)
Millennium Group Corporation (Asia) Public Company Limited, together with its subsidiaries, sells automobiles, yachts, and spare parts in Thailand. The company buys, sells, rents, and provides services for automotives under various brand names. It also offers after-sales services, including sale of automotive parts, accessories, body kits, and other products; paint and body repair services; and o… Read more
Millennium Grp Corp (Asia) (MGC) - Net Assets
Latest net assets as of December 2025: ฿5.15 Billion THB
Based on the latest financial reports, Millennium Grp Corp (Asia) (MGC) has net assets worth ฿5.15 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿19.04 Billion) and total liabilities (฿13.88 Billion). 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 | ฿5.15 Billion |
| % of Total Assets | 27.08% |
| Annual Growth Rate | 52.89% |
| 5-Year Change | 467.39% |
| 10-Year Change | N/A |
| Growth Volatility | 62.43 |
Millennium Grp Corp (Asia) - Net Assets Trend (2019–2025)
This chart illustrates how Millennium Grp Corp (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 Millennium Grp Corp (Asia) (2019–2025)
The table below shows the annual net assets of Millennium Grp Corp (Asia) from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿5.15 Billion | +37.43% |
| 2024-12-31 | ฿3.75 Billion | +0.89% |
| 2023-12-31 | ฿3.72 Billion | +190.85% |
| 2022-12-31 | ฿1.28 Billion | +40.70% |
| 2021-12-31 | ฿908.54 Million | +83.43% |
| 2020-12-31 | ฿495.31 Million | +22.77% |
| 2019-12-31 | ฿403.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Millennium Grp Corp (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 grown by 757.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.42 Billion | 46.99% |
| Other Components | ฿2.73 Billion | 53.01% |
| Total Equity | ฿5.15 Billion | 100.00% |
Millennium Grp Corp (Asia) Competitors by Market Cap
The table below lists competitors of Millennium Grp Corp (Asia) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastern Water Resources Development and Management Public Company Limited
BK:EASTW
|
$44.15 Million |
|
Highlands Bankshares Inc
PINK:HBSI
|
$44.16 Million |
|
RGB International Bhd
KLSE:0037
|
$44.17 Million |
|
INSTABANK ASA NK 1
F:93V
|
$44.17 Million |
|
Amarc Resources Ltd
OTCQB:AXREF
|
$44.13 Million |
|
Calidus Resources Ltd
PINK:CALRF
|
$44.11 Million |
|
Confidence Petroleum India Limited
NSE:CONFIPET
|
$44.11 Million |
|
Ckd Bio
KO:063160
|
$44.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Millennium Grp Corp (Asia)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,745,758,739 to 5,149,416,572, a change of 1,403,657,833 (37.5%).
- Net income of 1,283,875,726 contributed positively to equity growth.
- Dividend payments of 156,137,209 reduced retained earnings.
- Share repurchases of 18,993,764 reduced equity.
- Other factors increased equity by 294,913,080.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.28 Billion | +24.93% |
| Dividends Paid | ฿156.14 Million | -3.03% |
| Share Repurchases | ฿18.99 Million | -0.37% |
| Other Changes | ฿294.91 Million | +5.73% |
| Total Change | ฿- | 37.47% |
Book Value vs Market Value Analysis
This analysis compares Millennium Grp Corp (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: 0.92x
- 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 6.88x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | ฿0.62 | ฿4.24 | x |
| 2020-12-31 | ฿0.60 | ฿4.24 | x |
| 2021-12-31 | ฿0.80 | ฿4.24 | x |
| 2022-12-31 | ฿1.14 | ฿4.24 | x |
| 2023-12-31 | ฿3.31 | ฿4.24 | x |
| 2024-12-31 | ฿3.34 | ฿4.24 | x |
| 2025-12-31 | ฿4.62 | ฿4.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Millennium Grp Corp (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): 24.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.74%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 3.70x
- Recent ROE (24.93%) is above the historical average (22.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.54% | 0.56% | 1.76x | 17.94x | ฿50.76 Million |
| 2021 | 33.22% | 1.35% | 2.14x | 11.52x | ฿208.11 Million |
| 2022 | 47.38% | 2.63% | 1.86x | 9.68x | ฿476.13 Million |
| 2023 | 7.27% | 1.08% | 1.62x | 4.16x | ฿-101.43 Million |
| 2024 | 3.89% | 0.72% | 1.33x | 4.05x | ฿-228.88 Million |
| 2025 | 24.93% | 5.74% | 1.17x | 3.70x | ฿768.93 Million |
Industry Comparison
This section compares Millennium Grp Corp (Asia)'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $518,255,297
- Average return on equity (ROE) among peers: 3.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Millennium Grp Corp (Asia) (MGC) | ฿5.15 Billion | 17.54% | 2.69x | $44.14 Million |
| Autocorp Holding Public Company Limited (ACG) | $653.10 Million | 8.11% | 1.40x | $2.77 Million |
| Union Auction Public Company Limited (AUCT) | $153.10 Million | 0.00% | 0.60x | $31.17 Million |
| Mitsib Leasing Public Company Limited (MITSIB) | $748.57 Million | 3.44% | 0.97x | $7.63 Million |