NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED
NAT Absolute Technologies Public Company Limited provides information technology and telecommunication solutions in Thailand. The company offers installation and consulting services for information and communication technology network system; information, technology, and telecommunication products; IT outsourcing services; and network cabling systems services, such as LAN system, electrical syste… Read more
NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED (NAT) - Net Assets
Latest net assets as of June 2024: ฿730.30 Million THB
Based on the latest financial reports, NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED (NAT) has net assets worth ฿730.30 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.10 Billion) and total liabilities (฿367.12 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 | ฿730.30 Million |
| % of Total Assets | 66.55% |
| Annual Growth Rate | 65.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED - Net Assets Trend (2021–2022)
This chart illustrates how NAT ABSOLUTE TECHNOLOGIES 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 NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED (2021–2022)
The table below shows the annual net assets of NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ฿106.66 Million | +65.44% |
| 2021-12-31 | ฿64.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NAT ABSOLUTE TECHNOLOGIES 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 55.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿83.75 Million | 78.52% |
| Other Components | ฿22.91 Million | 21.48% |
| Total Equity | ฿106.66 Million | 100.00% |
NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED Competitors by Market Cap
The table below lists competitors of NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lahav LR Real Estate Ltd
TA:LAHAV
|
$5.60 Million |
|
Trainers House Oyj
HE:TRH1V
|
$5.60 Million |
|
Raen S.A.
WAR:RAE
|
$5.60 Million |
|
VinaCapital Vietnam Opportunity Fund
LSE:VOF
|
$5.60 Million |
|
Proteome Sciences plc
PINK:PMSNF
|
$5.60 Million |
|
Godolphin Resources Ltd
AU:GRL
|
$5.60 Million |
|
JAPAN LOGISTICS FUND INC.
F:8UT
|
$5.59 Million |
|
Fiberweb (India) Limited
NSE:FIBERWEB
|
$5.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 64,471,557 to 106,659,755, a change of 42,188,198 (65.4%).
- Net income of 107,030,034 contributed positively to equity growth.
- Dividend payments of 77,000,500 reduced retained earnings.
- New share issuances of 11,250,000 increased equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿107.03 Million | +100.35% |
| Dividends Paid | ฿77.00 Million | -72.19% |
| Share Issuances | ฿11.25 Million | +10.55% |
| Other Changes | ฿908.66K | +0.85% |
| Total Change | ฿- | 65.44% |
Book Value vs Market Value Analysis
This analysis compares NAT ABSOLUTE TECHNOLOGIES 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: 6.83x
- 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 decreased from 11.29x to 6.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ฿0.20 | ฿2.22 | x |
| 2022-12-31 | ฿0.33 | ฿2.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NAT ABSOLUTE TECHNOLOGIES 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): 100.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.78%
- • Asset Turnover: 2.18x
- • Equity Multiplier: 4.70x
- Recent ROE (100.35%) is above the historical average (70.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 41.39% | 5.95% | 2.22x | 3.13x | ฿20.24 Million |
| 2022 | 100.35% | 9.78% | 2.18x | 4.70x | ฿96.36 Million |
Industry Comparison
This section compares NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $948,000,967
- Average return on equity (ROE) among peers: 16.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NAT ABSOLUTE TECHNOLOGIES PUBLIC COMPANY LIMITED (NAT) | ฿730.30 Million | 41.39% | 0.50x | $5.60 Million |
| Advanced Information Technology Public Company Limited (AIT) | $2.93 Billion | 13.48% | 1.20x | $109.65 Million |
| Beryl 8 Plus Public Company Limited (BE8) | $78.06 Million | 30.29% | 2.57x | $10.83 Million |
| Ditto (Thailand) Public Company Limited (DITTO) | $261.38 Million | 21.53% | 1.58x | $133.67 Million |
| DITTO (THAILAND) (DITTO-R) | $2.46 Billion | 13.61% | 0.36x | $174.47 Million |
| G-Able PCL (GABLE) | $2.01 Billion | 8.27% | 1.09x | $21.78 Million |
| I2 Enterprise Public Company Limited (I2) | $250.43 Million | 17.96% | 2.26x | $1.98 Million |
| I&I Group Public Company Limited (IIG) | $-21.04 Million | 0.00% | 0.00x | $3.22 Million |
| Infraset Public Company Limited (INSET) | $839.14 Million | 16.15% | 0.59x | $38.30 Million |
| International Research Corporation Public Company Limited (IRCP) | $489.44 Million | 27.29% | 1.68x | $3.46 Million |
| International Network System PCL (ITNS) | $188.33 Million | 17.30% | 0.40x | $3.47 Million |