M Vision Public Company Limited
M Vision Public Company Limited, together with its subsidiaries, provides exhibition services in Thailand. The company operates through Technology Business and Events, Advertising and Agency Business, and Commercial Business segments. It provides exhibition services for mobile phones, IT and various technology products, sporting events, travel events, and seminars. The company also involved produ… Read more
M Vision Public Company Limited (MVP) - Net Assets
Latest net assets as of September 2025: ฿16.49 Million THB
Based on the latest financial reports, M Vision Public Company Limited (MVP) has net assets worth ฿16.49 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 (฿199.26 Million) and total liabilities (฿182.77 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 | ฿16.49 Million |
| % of Total Assets | 8.28% |
| Annual Growth Rate | 8.58% |
| 5-Year Change | 3.48% |
| 10-Year Change | 121.49% |
| Growth Volatility | 59.05 |
M Vision Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how M Vision 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 Vision Public Company Limited (2014–2024)
The table below shows the annual net assets of M Vision Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿130.35 Million | -31.86% |
| 2023-12-31 | ฿191.30 Million | -56.96% |
| 2022-12-31 | ฿444.47 Million | +93.85% |
| 2021-12-31 | ฿229.29 Million | +82.03% |
| 2020-12-31 | ฿125.96 Million | -23.97% |
| 2019-12-31 | ฿165.67 Million | +20.31% |
| 2018-12-31 | ฿137.71 Million | +109.60% |
| 2017-12-31 | ฿65.70 Million | +79.26% |
| 2016-12-31 | ฿36.65 Million | -37.72% |
| 2015-12-31 | ฿58.85 Million | +2.88% |
| 2014-12-31 | ฿57.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to M Vision 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 856.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿486.78 Million | 375.69% |
| Total Equity | ฿129.57 Million | 100.00% |
M Vision Public Company Limited Competitors by Market Cap
The table below lists competitors of M Vision Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WACKER CHEMIE - Dusseldorf Stock Exchang
DU:WCH
|
$747.21K |
|
Hypoport AG
STU:HYQ
|
$747.41K |
|
COLGATE-PALMOLIVE - Dusseldorf Stock Exchang
DU:CPA
|
$747.45K |
|
Eastern Silk Industries Limited
NSE:EASTSILK
|
$747.77K |
|
SYSCO - Dusseldorf Stock Exchang
DU:SYY
|
$747.13K |
|
Avenue Therapeutics Inc
PINK:ATXI
|
$746.27K |
|
Glucose Health Inc
PINK:GLUC
|
$745.03K |
|
ITRON (IT6.SG)
STU:IT6
|
$745.00K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M Vision Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 190,509,776 to 129,571,848, a change of -60,937,928 (-32.0%).
- Net loss of 62,904,439 reduced equity.
- Other comprehensive income decreased equity by 1,228,611.
- Other factors increased equity by 3,195,122.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-62.90 Million | -48.55% |
| Other Comprehensive Income | ฿-1.23 Million | -0.95% |
| Other Changes | ฿3.20 Million | +2.47% |
| Total Change | ฿- | -31.99% |
Book Value vs Market Value Analysis
This analysis compares M Vision 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: 0.31x
- 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 0.42x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.29 | ฿0.12 | x |
| 2015-12-31 | ฿0.29 | ฿0.12 | x |
| 2016-12-31 | ฿0.18 | ฿0.12 | x |
| 2017-12-31 | ฿0.33 | ฿0.12 | x |
| 2018-12-31 | ฿0.98 | ฿0.12 | x |
| 2019-12-31 | ฿0.83 | ฿0.12 | x |
| 2020-12-31 | ฿0.63 | ฿0.12 | x |
| 2021-12-31 | ฿0.97 | ฿0.12 | x |
| 2022-12-31 | ฿1.39 | ฿0.12 | x |
| 2023-12-31 | ฿0.59 | ฿0.12 | x |
| 2024-12-31 | ฿0.38 | ฿0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M Vision 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): -48.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.73%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.50x
- Recent ROE (-48.55%) is below the historical average (-11.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 22.42% | 10.99% | 1.71x | 1.19x | ฿7.11 Million |
| 2015 | 6.20% | 2.82% | 1.52x | 1.44x | ฿-2.23 Million |
| 2016 | 48.57% | 9.54% | 2.14x | 2.38x | ฿14.13 Million |
| 2017 | 44.22% | 10.23% | 2.06x | 2.10x | ฿22.48 Million |
| 2018 | -36.65% | -11.20% | 1.37x | 2.38x | ฿-64.23 Million |
| 2019 | 18.18% | 9.06% | 0.93x | 2.16x | ฿13.59 Million |
| 2020 | -34.57% | -21.19% | 0.71x | 2.29x | ฿-56.34 Million |
| 2021 | 2.43% | 2.31% | 0.60x | 1.75x | ฿-17.40 Million |
| 2022 | 1.79% | 2.39% | 0.52x | 1.44x | ฿-36.47 Million |
| 2023 | -151.27% | -88.85% | 0.78x | 2.18x | ฿-307.24 Million |
| 2024 | -48.55% | -29.73% | 0.65x | 2.50x | ฿-75.86 Million |
Industry Comparison
This section compares M Vision Public Company Limited's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,863,225,633
- Average return on equity (ROE) among peers: 21.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M Vision Public Company Limited (MVP) | ฿16.49 Million | 22.42% | 11.08x | $747.17K |
| AddTech Hub Public Company Limited (ADD) | $25.41 Million | 103.83% | 1.76x | $7.07 Million |
| Aqua Corporation Public Company Limited (AQUA) | $846.18 Million | 3.69% | 0.23x | $10.21 Million |
| CMO Public Company Limited (CMO) | $500.06 Million | 10.58% | 1.31x | $4.46 Million |
| Far East Fame Line DDB Public Company Limited (FE) | $1.42 Billion | 5.35% | 0.25x | $9.47 Million |
| Grand Prix International Public Company Limited (GPI) | $783.43 Million | 16.79% | 0.28x | $11.33 Million |
| LTMH Public Company Limited (LTMH) | $80.09 Million | 38.93% | 0.63x | $1.27K |
| MCA_MARKET CONNECTIONS ASIA (MCA) | $85.03 Million | 3.22% | 0.63x | $2.32 Million |
| Pico (Thailand) Public Company Limited (PICO) | $437.36 Million | 4.50% | 0.95x | $5.95 Million |
| Plan B Media PCL (PLANB) | $12.59 Billion | 8.78% | 0.55x | $245.64 Million |