Muang Thai Insurance Public Company Limited Net Assets
Muang Thai Insurance Public Company Limited net assets. Based on the latest financial reports, Muang Thai Insurance Public Company Limited (MTI) has net assets worth ฿8.16 Billion THB (≈ $254.30 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿28.32 Billion ≈ $882.70 Million USD) and total liabilities (฿20.16 Billion ≈ $628.39 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. Also explore Muang Thai Insurance Public Company Limi net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿8.16 Billion |
| % of Total Assets | 28.81% |
| Annual Growth Rate | 4.6% |
| 5-Year Change | 19.19% |
| 10-Year Change | 41.75% |
| Growth Volatility | 18.3 |
Net Assets of Muang Thai Insurance Public Company Limited (2006–2024)
Net assets of Muang Thai Insurance Public Company Limited from 2006 to 2024. This chart illustrates how Muang Thai Insurance Public Company Limited's net assets have evolved over time, based on quarterly financial data. See MTI equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Muang Thai Insurance Public Company Limited (2006–2024)
The table below shows the annual net assets of Muang Thai Insurance Public Company Limited from 2006 to 2024. For live market cap and overall valuation, see Muang Thai Insurance Public Company Limi stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿6.47 Billion ≈ $201.68 Million |
+6.38% |
| 2023-12-31 | ฿6.08 Billion ≈ $189.59 Million |
-3.53% |
| 2022-12-31 | ฿6.31 Billion ≈ $196.53 Million |
+5.00% |
| 2021-12-31 | ฿6.00 Billion ≈ $187.17 Million |
+10.62% |
| 2020-12-31 | ฿5.43 Billion ≈ $169.20 Million |
-2.52% |
| 2019-12-31 | ฿5.57 Billion ≈ $173.58 Million |
+5.77% |
| 2018-12-31 | ฿5.27 Billion ≈ $164.12 Million |
-1.72% |
| 2017-12-31 | ฿5.36 Billion ≈ $166.99 Million |
+8.11% |
| 2016-12-31 | ฿4.96 Billion ≈ $154.47 Million |
+8.57% |
| 2015-12-31 | ฿4.56 Billion ≈ $142.28 Million |
+10.19% |
| 2014-12-31 | ฿4.14 Billion ≈ $129.12 Million |
+14.50% |
| 2013-12-31 | ฿3.62 Billion ≈ $112.77 Million |
+19.83% |
| 2012-12-31 | ฿3.02 Billion ≈ $94.11 Million |
-21.55% |
| 2011-12-31 | ฿3.85 Billion ≈ $119.97 Million |
-7.85% |
| 2010-12-31 | ฿4.18 Billion ≈ $130.19 Million |
+9.66% |
| 2009-12-31 | ฿3.81 Billion ≈ $118.71 Million |
+14.41% |
| 2008-12-31 | ฿3.33 Billion ≈ $103.77 Million |
+62.81% |
| 2007-12-31 | ฿2.04 Billion ≈ $63.73 Million |
-29.01% |
| 2006-12-31 | ฿2.88 Billion ≈ $89.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Muang Thai Insurance 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 193.8% over the analyzed period, indicating profitable operations and earnings retention.
Muang Thai Insurance Public Company Limited Net Assets Breakdown (December 2024)
Muang Thai Insurance Public Company Limited net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿5.77 Billion | 89.23% |
| Common Stock | ฿590.00 Million | 9.12% |
| Other Comprehensive Income | ฿-1.40 Billion | -21.61% |
| Other Components | ฿1.50 Billion | 23.26% |
| Total Equity | ฿6.47 Billion | 100.00% |
Muang Thai Insurance Public Company Limited Competitors by Market Cap
The table below lists competitors of Muang Thai Insurance Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aydem Yenilenebilir Enerji AS
IS:AYDEM
|
$354.96 Million |
|
Wuxi Hodgen Technology Co Ltd
SHE:300279
|
$354.99 Million |
|
Oma Saastopankki Oyj
HE:OMASP
|
$355.08 Million |
|
EGing Photovoltaic Technology Co Ltd
SHG:600537
|
$355.09 Million |
|
NSI NV
AS:NSI
|
$354.91 Million |
|
General Oceans ASA
OL:GENO
|
$354.89 Million |
|
APAC Opto Electronics
TWO:4908
|
$354.85 Million |
|
Archimedes Tech SPAC Partners III Co.
NASDAQ:ARCI
|
$354.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Muang Thai Insurance Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,082,614,578 to 6,470,485,745, a change of 387,871,167 (6.4%).
- Net income of 754,359,862 contributed positively to equity growth.
- Dividend payments of 294,942,500 reduced retained earnings.
- Other comprehensive income decreased equity by 49,967,132.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿754.36 Million | +11.66% |
| Dividends Paid | ฿294.94 Million | -4.56% |
| Other Comprehensive Income | ฿-49.97 Million | -0.77% |
| Other Changes | ฿-21.58 Million | -0.33% |
| Total Change | ฿- | 6.38% |
Book Value vs Market Value Analysis
This analysis compares Muang Thai Insurance 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: 0.18x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿73.52 | ฿19.30 | x |
| 2007-12-31 | ฿52.20 | ฿19.30 | x |
| 2009-12-31 | ฿64.55 | ฿19.30 | x |
| 2010-12-31 | ฿70.79 | ฿19.30 | x |
| 2011-12-31 | ฿65.49 | ฿19.30 | x |
| 2012-12-31 | ฿51.18 | ฿19.30 | x |
| 2013-12-31 | ฿61.32 | ฿19.30 | x |
| 2014-12-31 | ฿70.20 | ฿19.30 | x |
| 2015-12-31 | ฿77.34 | ฿19.30 | x |
| 2016-12-31 | ฿83.98 | ฿19.30 | x |
| 2017-12-31 | ฿90.79 | ฿19.30 | x |
| 2018-12-31 | ฿89.19 | ฿19.30 | x |
| 2019-12-31 | ฿94.42 | ฿19.30 | x |
| 2020-12-31 | ฿92.05 | ฿19.30 | x |
| 2021-12-31 | ฿101.80 | ฿19.30 | x |
| 2022-12-31 | ฿106.89 | ฿19.30 | x |
| 2023-12-31 | ฿103.10 | ฿19.30 | x |
| 2024-12-31 | ฿109.67 | ฿19.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Muang Thai Insurance 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): 11.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.47%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 5.00x
- Recent ROE (11.66%) is above the historical average (9.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.51% | 21.21% | 0.24x | 1.28x | ฿-100.43 Million |
| 2007 | 11.67% | 22.44% | 0.35x | 1.50x | ฿34.11 Million |
| 2009 | 6.75% | 7.63% | 0.44x | 2.00x | ฿-123.75 Million |
| 2010 | 9.42% | 24.96% | 0.16x | 2.35x | ฿-24.18 Million |
| 2011 | 1.48% | 1.20% | 0.28x | 4.48x | ฿-327.88 Million |
| 2012 | -28.56% | -16.03% | 0.30x | 6.00x | ฿-1.16 Billion |
| 2013 | 21.35% | 11.73% | 0.40x | 4.56x | ฿410.58 Million |
| 2014 | 20.65% | 12.34% | 0.39x | 4.24x | ฿441.35 Million |
| 2015 | 20.32% | 11.61% | 0.43x | 4.09x | ฿471.29 Million |
| 2016 | 12.78% | 7.11% | 0.45x | 4.03x | ฿137.64 Million |
| 2017 | 11.54% | 6.82% | 0.45x | 3.74x | ฿82.68 Million |
| 2018 | 7.89% | 4.59% | 0.41x | 4.16x | ฿-110.95 Million |
| 2019 | 7.66% | 4.71% | 0.39x | 4.17x | ฿-130.36 Million |
| 2020 | 10.89% | 6.00% | 0.39x | 4.71x | ฿48.05 Million |
| 2021 | 12.78% | 7.47% | 0.34x | 5.00x | ฿166.95 Million |
| 2022 | 12.85% | 7.21% | 0.36x | 5.01x | ฿179.70 Million |
| 2023 | 10.78% | 5.22% | 0.40x | 5.16x | ฿47.19 Million |
| 2024 | 11.66% | 5.47% | 0.43x | 5.00x | ฿107.31 Million |
Industry Comparison
This section compares Muang Thai Insurance Public Company Limited's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,340,804,817
- Average return on equity (ROE) among peers: 4.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Muang Thai Insurance Public Company Limited (MTI) | ฿8.16 Billion | 6.51% | 2.47x | $354.92 Million |
| Allianz Ayudhya Capital Public Company Limited (AYUD) | $16.42 Billion | 7.49% | 0.47x | $512.62 Million |
| Bangkok Union Insurance Public Co. Ltd. (BUI) | $328.68 Million | 9.02% | 2.32x | $21.04 Million |
| Charan Insurance Public Company Limited (CHARAN) | $522.90 Million | -7.27% | 0.58x | $7.67 Million |
| Indara Insurance Public Company Limited (INSURE) | $170.66 Million | 8.25% | 3.13x | $16.64 Million |
| The Navakij Insurance Public Company Limited (NKI) | $2.11 Billion | 4.11% | 1.48x | $24.94 Million |
| Thai Setakij Insurance PCL (TSI) | $491.27 Million | 5.25% | 1.83x | $2.37 Million |
About Muang Thai Insurance Public Company Limited
Muang Thai Insurance Public Company Limited provides non-life insurance products and services in Thailand. The company offers motor insurance; and non-motor products, such as property, marine and transportation, fire, engineering, personal accident and health, special, liability, and miscellaneous insurance products, as well as travel and commercial insurance products. It also engages in the fina… Read more