M P J Logistics Public Company Limited
M P J Logistics Public Company Limited, together with its subsidiaries, provides inland transportation and delivery services in Thailand. The company operates through four segments: Transportation Services Business, Container Depot Services Business, Warehouse Rental Business, and Freight Forwarder Services Business. It also provides freight forwarder, and container yard and related services; and… Read more
M P J Logistics Public Company Limited (MPJ) - Net Assets
Latest net assets as of June 2024: ฿-880.00K THB
Based on the latest financial reports, M P J Logistics Public Company Limited (MPJ) has net assets worth ฿-880.00K THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿423.74 Million) and total liabilities (฿424.62 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 | ฿-880.00K |
| % of Total Assets | -0.21% |
| Annual Growth Rate | -39.11% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 45.12 |
M P J Logistics Public Company Limited - Net Assets Trend (2021–2023)
This chart illustrates how M P J Logistics 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 M P J Logistics Public Company Limited (2021–2023)
The table below shows the annual net assets of M P J Logistics Public Company Limited from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿2.43 Million | -69.32% |
| 2022-12-31 | ฿7.92 Million | +20.92% |
| 2021-12-31 | ฿6.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to M P J Logistics 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 412000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿10.00 Million | 411.52% |
| Total Equity | ฿2.43 Million | 100.00% |
M P J Logistics Public Company Limited Competitors by Market Cap
The table below lists competitors of M P J Logistics Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Welcron Hantec Co.Ltd
KQ:076080
|
$10.16 Million |
|
Selic Corp Public Company Limited
BK:SELIC
|
$10.16 Million |
|
Izostal SA
WAR:IZS
|
$10.16 Million |
|
Skylark Minerals Ltd
AU:SKM
|
$10.16 Million |
|
Domiki Kritis S.A.
AT:DOMIK
|
$10.15 Million |
|
Manomay Tex India Limited
NSE:MANOMAY
|
$10.15 Million |
|
5YY0
F:5YY0
|
$10.14 Million |
|
Yinfu Gold Corporation
PINK:ELRE
|
$10.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M P J Logistics Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,920,000 to 2,430,000, a change of -5,490,000 (-69.3%).
- Net loss of 5,490,000 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-5.49 Million | -225.93% |
| Total Change | ฿- | -69.32% |
Book Value vs Market Value Analysis
This analysis compares M P J Logistics 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: 325.93x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 120.92x to 325.93x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ฿0.03 | ฿3.96 | x |
| 2022-12-31 | ฿0.04 | ฿3.96 | x |
| 2023-12-31 | ฿0.01 | ฿3.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M P J Logistics 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): -225.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -100.00%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 129.28x
- Recent ROE (-225.93%) is below the historical average (-68.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 4.12% | 4.77% | 0.20x | 4.22x | ฿-385.00K |
| 2022 | 17.42% | 22.26% | 0.18x | 4.30x | ฿588.00K |
| 2023 | -225.93% | -100.00% | 0.02x | 129.28x | ฿-5.73 Million |
Industry Comparison
This section compares M P J Logistics Public Company Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $997,290,562
- Average return on equity (ROE) among peers: 14.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M P J Logistics Public Company Limited (MPJ) | ฿-880.00K | 4.12% | N/A | $10.15 Million |
| Begistics Public Company Limited (B) | $2.17 Billion | 3.29% | 0.11x | $7.40 Million |
| Euroasia Total Logistics PCL (ETL) | $367.94 Million | 28.86% | 2.08x | $2.31 Million |
| Triple i Logistics Public Company Limited (III) | $2.67 Billion | 29.78% | 0.38x | $42.36 Million |
| Leo Global Logistics Public Company Limited (LEO) | $113.28 Million | 15.06% | 1.86x | $9.02 Million |
| NCL International Logistics Public Company Limited (NCL) | $325.21 Million | 6.01% | 0.64x | $2.61 Million |
| Sino Logistics Corporation Public Company Limited (SINO) | $862.13 Million | 6.11% | 0.59x | $8.44 Million |
| SCGJWD LOGISTICS PCL NON-VOTING DR (SJWD) | $1.49 Billion | 25.19% | 1.78x | $87.91 Million |
| Sonic Interfreight Public Company Limited (SONIC) | $560.83 Million | 8.31% | 0.50x | $15.83 Million |
| Thai Parcels Public Company Limited (TPL) | $413.92 Million | 5.15% | 0.49x | $7.75 Million |