N.C. Housing Public Company Limited
N.C. Housing Public Company Limited operates as a real estate development company in Thailand. The company develops and sells houses and land, detached houses, twin houses, townhouses, and condominiums; and provides various services, such as contractor and project management, construction, property management, and intermediate care and wellness. In addition, it offers rental space in club houses,… Read more
N.C. Housing Public Company Limited (NCH) - Net Assets
Latest net assets as of September 2025: ฿2.96 Billion THB
Based on the latest financial reports, N.C. Housing Public Company Limited (NCH) has net assets worth ฿2.96 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.92 Billion) and total liabilities (฿1.96 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 | ฿2.96 Billion |
| % of Total Assets | 60.1% |
| Annual Growth Rate | 14.29% |
| 5-Year Change | 13.02% |
| 10-Year Change | 23.87% |
| Growth Volatility | 98.69 |
N.C. Housing Public Company Limited - Net Assets Trend (2002–2024)
This chart illustrates how N.C. Housing 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 N.C. Housing Public Company Limited (2002–2024)
The table below shows the annual net assets of N.C. Housing Public Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.04 Billion | -3.30% |
| 2023-12-31 | ฿3.14 Billion | +0.63% |
| 2022-12-31 | ฿3.12 Billion | +8.47% |
| 2021-12-31 | ฿2.88 Billion | +7.07% |
| 2020-12-31 | ฿2.69 Billion | +4.47% |
| 2019-12-31 | ฿2.57 Billion | -0.53% |
| 2018-12-31 | ฿2.59 Billion | +3.87% |
| 2017-12-31 | ฿2.49 Billion | +0.97% |
| 2016-12-31 | ฿2.47 Billion | +0.56% |
| 2015-12-31 | ฿2.45 Billion | +3.42% |
| 2014-12-31 | ฿2.37 Billion | +3.21% |
| 2013-12-31 | ฿2.30 Billion | +2.73% |
| 2012-12-31 | ฿2.24 Billion | +0.77% |
| 2011-12-31 | ฿2.22 Billion | +5.44% |
| 2010-12-31 | ฿2.10 Billion | +3.34% |
| 2009-12-31 | ฿2.04 Billion | +2.83% |
| 2008-12-31 | ฿1.98 Billion | -2.26% |
| 2007-12-31 | ฿2.03 Billion | -2.95% |
| 2006-12-31 | ฿2.09 Billion | +4.18% |
| 2005-12-31 | ฿2.00 Billion | +5.78% |
| 2004-12-31 | ฿1.89 Billion | +107.17% |
| 2003-12-31 | ฿914.34 Million | +469.29% |
| 2002-12-31 | ฿160.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to N.C. Housing 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 111884518700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.12 Billion | 36.54% |
| Common Stock | ฿1.25 Billion | 40.67% |
| Other Comprehensive Income | ฿119.91 Million | 3.92% |
| Other Components | ฿577.53 Million | 18.86% |
| Total Equity | ฿3.06 Billion | 100.00% |
N.C. Housing Public Company Limited Competitors by Market Cap
The table below lists competitors of N.C. Housing Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WESTERN DIGITAL (WDC.SG)
STU:WDC
|
$2.20 Million |
|
Korporacja KGL S.A.
WAR:KGL
|
$2.20 Million |
|
Aldrich Resources Bhd
KLSE:0079
|
$2.20 Million |
|
Intelligent Living Application Group Inc
NASDAQ:ILAG
|
$2.20 Million |
|
ROYAL GOLD
MU:RG3
|
$2.20 Million |
|
Shinsegae Co. Ltd.
KQ:004170
|
$2.20 Million |
|
TANTALEX LITHIUM RES.CORP
F:DW8
|
$2.20 Million |
|
CleanCore Solutions Inc.
NYSE MKT:ZONE
|
$2.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in N.C. Housing Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,161,486,963 to 3,061,570,081, a change of -99,916,882 (-3.2%).
- Net loss of 33,672,126 reduced equity.
- Dividend payments of 62,259,480 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-33.67 Million | -1.1% |
| Dividends Paid | ฿62.26 Million | -2.03% |
| Other Changes | ฿-3.99 Million | -0.13% |
| Total Change | ฿- | -3.16% |
Book Value vs Market Value Analysis
This analysis compares N.C. Housing 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: 0.16x
- 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 |
|---|---|---|---|
| 2004-12-31 | ฿1.87 | ฿0.39 | x |
| 2005-12-31 | ฿1.73 | ฿0.39 | x |
| 2006-12-31 | ฿1.51 | ฿0.39 | x |
| 2007-12-31 | ฿1.63 | ฿0.39 | x |
| 2008-12-31 | ฿1.59 | ฿0.39 | x |
| 2009-12-31 | ฿1.64 | ฿0.39 | x |
| 2010-12-31 | ฿1.69 | ฿0.39 | x |
| 2011-12-31 | ฿1.78 | ฿0.39 | x |
| 2012-12-31 | ฿1.80 | ฿0.39 | x |
| 2013-12-31 | ฿1.84 | ฿0.39 | x |
| 2014-12-31 | ฿1.90 | ฿0.39 | x |
| 2015-12-31 | ฿1.97 | ฿0.39 | x |
| 2016-12-31 | ฿1.98 | ฿0.39 | x |
| 2017-12-31 | ฿2.00 | ฿0.39 | x |
| 2018-12-31 | ฿2.08 | ฿0.39 | x |
| 2019-12-31 | ฿2.06 | ฿0.39 | x |
| 2020-12-31 | ฿2.16 | ฿0.39 | x |
| 2021-12-31 | ฿2.32 | ฿0.39 | x |
| 2022-12-31 | ฿2.52 | ฿0.39 | x |
| 2023-12-31 | ฿2.54 | ฿0.39 | x |
| 2024-12-31 | ฿2.46 | ฿0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently N.C. Housing 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): -1.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.65%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.75x
- Recent ROE (-1.10%) is below the historical average (13.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 193.45% | 18.75% | 0.94x | 10.95x | ฿294.63 Million |
| 2003 | 24.03% | 9.14% | 0.77x | 3.44x | ฿128.30 Million |
| 2004 | 10.68% | 7.94% | 0.67x | 2.00x | ฿12.91 Million |
| 2005 | 4.96% | 6.48% | 0.38x | 2.04x | ฿-100.92 Million |
| 2006 | 2.53% | 4.37% | 0.32x | 1.82x | ฿-155.99 Million |
| 2007 | -3.04% | -7.33% | 0.24x | 1.70x | ฿-264.15 Million |
| 2008 | -2.31% | -5.87% | 0.25x | 1.60x | ฿-243.80 Million |
| 2009 | 2.75% | 6.48% | 0.29x | 1.47x | ฿-147.52 Million |
| 2010 | 4.36% | 7.23% | 0.40x | 1.49x | ฿-118.60 Million |
| 2011 | 8.68% | 9.44% | 0.62x | 1.49x | ฿-29.25 Million |
| 2012 | 4.48% | 6.43% | 0.42x | 1.65x | ฿-123.48 Million |
| 2013 | 4.58% | 6.26% | 0.38x | 1.94x | ฿-124.40 Million |
| 2014 | 4.81% | 6.27% | 0.35x | 2.20x | ฿-122.98 Million |
| 2015 | 5.10% | 5.89% | 0.42x | 2.05x | ฿-120.22 Million |
| 2016 | 0.84% | 1.46% | 0.28x | 2.07x | ฿-225.81 Million |
| 2017 | 0.76% | 1.30% | 0.30x | 1.91x | ฿-230.12 Million |
| 2018 | 3.72% | 5.48% | 0.41x | 1.64x | ฿-162.26 Million |
| 2019 | 0.85% | 1.77% | 0.30x | 1.60x | ฿-234.98 Million |
| 2020 | 4.29% | 6.47% | 0.46x | 1.44x | ฿-153.19 Million |
| 2021 | 8.73% | 9.95% | 0.58x | 1.50x | ฿-36.69 Million |
| 2022 | 11.13% | 13.25% | 0.52x | 1.63x | ฿35.49 Million |
| 2023 | 5.13% | 6.85% | 0.42x | 1.77x | ฿-154.07 Million |
| 2024 | -1.10% | -2.65% | 0.24x | 1.75x | ฿-339.83 Million |
Industry Comparison
This section compares N.C. Housing Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $5,782,610,297
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| N.C. Housing Public Company Limited (NCH) | ฿2.96 Billion | 193.45% | 0.66x | $2.20 Million |
| Areeya Property Public Company Limited (A) | $3.11 Billion | -11.12% | 3.14x | $24.02 Million |
| Asset Five Group PCL (A5) | $1.40 Billion | 36.13% | 1.44x | $20.21 Million |
| AKS Corporation Public Company Limited (AKS) | $2.92 Billion | 4.40% | 1.17x | $2.35 Million |
| Alpha Divisions PCL (ALPHAX) | $187.30 Million | 8.66% | 0.63x | $54.26 Million |
| Amata Corporation Public Company Limited (AMATA-R) | $14.97 Billion | 9.41% | 0.96x | $384.26 Million |
| Ananda Development Public Company Limited (ANAN) | $4.92 Billion | -5.84% | 0.90x | $18.46 Million |
| AP (Thailand) Public Company Limited (AP-R) | $24.38 Billion | 15.86% | 1.02x | $605.57 Million |
| Arinsiri Land Public Company Limited (ARIN) | $9.74 Million | -2.64% | 28.78x | $5.22 Million |
| Bless Asset Group PCL (BLESS) | $582.78 Million | 10.14% | 1.76x | $1.59 Million |
| Britania PCL (BRI) | $5.35 Billion | 22.34% | 2.72x | $8.35 Million |