Wattana Karnpaet Public Company Limited
Wattana Karnpaet Public Company Limited engages in the hospital and medical trading businesses in Thailand. The company operates a hospital under the North Eastern Wattana Hospital name and Nong Khai " Wattana Hospital, as well as Alliance International Medical Centre. It also operates clinics for various conditions and treatment, including dermatology; dentistry; general surgery; ear, nose, and … Read more
Wattana Karnpaet Public Company Limited (NEW) - Net Assets
Latest net assets as of September 2025: ฿519.84 Million THB
Based on the latest financial reports, Wattana Karnpaet Public Company Limited (NEW) has net assets worth ฿519.84 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 (฿630.72 Million) and total liabilities (฿110.88 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 | ฿519.84 Million |
| % of Total Assets | 82.42% |
| Annual Growth Rate | 6.83% |
| 5-Year Change | 39.75% |
| 10-Year Change | 57.78% |
| Growth Volatility | 90.69 |
Wattana Karnpaet Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Wattana Karnpaet 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 Wattana Karnpaet Public Company Limited (2000–2024)
The table below shows the annual net assets of Wattana Karnpaet Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿503.12 Million | +4.28% |
| 2023-12-31 | ฿482.45 Million | +3.47% |
| 2022-12-31 | ฿466.25 Million | +26.47% |
| 2021-12-31 | ฿368.67 Million | +2.41% |
| 2020-12-31 | ฿360.00 Million | +0.88% |
| 2019-12-31 | ฿356.87 Million | +2.19% |
| 2018-12-31 | ฿349.23 Million | +3.40% |
| 2017-12-31 | ฿337.77 Million | +4.00% |
| 2016-12-31 | ฿324.77 Million | +1.85% |
| 2015-12-31 | ฿318.88 Million | +3.07% |
| 2014-12-31 | ฿309.37 Million | +2.15% |
| 2013-12-31 | ฿302.87 Million | +6.35% |
| 2012-12-31 | ฿284.77 Million | +1.54% |
| 2011-12-31 | ฿280.46 Million | -5.22% |
| 2010-12-31 | ฿295.92 Million | +1.90% |
| 2009-12-31 | ฿290.42 Million | +3.04% |
| 2008-12-31 | ฿281.86 Million | -0.15% |
| 2007-12-31 | ฿282.29 Million | -16.93% |
| 2006-12-31 | ฿339.83 Million | +7.50% |
| 2005-12-31 | ฿316.13 Million | +450.78% |
| 2004-12-31 | ฿57.40 Million | -30.74% |
| 2003-12-31 | ฿82.87 Million | -16.38% |
| 2002-12-31 | ฿99.10 Million | +11.75% |
| 2001-12-31 | ฿88.68 Million | -14.01% |
| 2000-12-31 | ฿103.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wattana Karnpaet 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 33061657900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿330.62 Million | 65.71% |
| Common Stock | ฿100.00 Million | 19.88% |
| Other Comprehensive Income | ฿10.00 Million | 1.99% |
| Other Components | ฿62.50 Million | 12.42% |
| Total Equity | ฿503.12 Million | 100.00% |
Wattana Karnpaet Public Company Limited Competitors by Market Cap
The table below lists competitors of Wattana Karnpaet Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OPG POWER VENTURES PLC
F:OPB
|
$7.46 Million |
|
Nippon Building Fund Inc
STU:S4C
|
$7.47 Million |
|
Canadian Phosphate Ltd
AU:CP8
|
$7.47 Million |
|
Clemondo Group AB (publ)
ST:CLEM
|
$7.47 Million |
|
Goodyear (Thailand) Public Company Limited
BK:GYT
|
$7.46 Million |
|
The Steel Public Company Limited
BK:THE
|
$7.46 Million |
|
Nimy Resources Ltd
AU:NIM
|
$7.46 Million |
|
Asian Hotels (East) Limited
NSE:AHLEAST
|
$7.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wattana Karnpaet Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 482,445,130 to 503,116,579, a change of 20,671,449 (4.3%).
- Net income of 43,671,449 contributed positively to equity growth.
- Dividend payments of 22,924,156 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿43.67 Million | +8.68% |
| Dividends Paid | ฿22.92 Million | -4.56% |
| Other Changes | ฿-75.84K | -0.02% |
| Total Change | ฿- | 4.28% |
Book Value vs Market Value Analysis
This analysis compares Wattana Karnpaet 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: 1.91x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.68x to 1.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | ฿11.08 | ฿96.25 | x |
| 2002-12-31 | ฿12.39 | ฿96.25 | x |
| 2003-12-31 | ฿10.36 | ฿96.25 | x |
| 2004-12-31 | ฿7.17 | ฿96.25 | x |
| 2005-12-31 | ฿39.52 | ฿96.25 | x |
| 2006-12-31 | ฿37.14 | ฿96.25 | x |
| 2007-12-31 | ฿28.23 | ฿96.25 | x |
| 2008-12-31 | ฿28.19 | ฿96.25 | x |
| 2009-12-31 | ฿29.04 | ฿96.25 | x |
| 2010-12-31 | ฿29.58 | ฿96.25 | x |
| 2011-12-31 | ฿28.05 | ฿96.25 | x |
| 2012-12-31 | ฿28.48 | ฿96.25 | x |
| 2013-12-31 | ฿30.29 | ฿96.25 | x |
| 2014-12-31 | ฿30.94 | ฿96.25 | x |
| 2015-12-31 | ฿31.89 | ฿96.25 | x |
| 2016-12-31 | ฿32.48 | ฿96.25 | x |
| 2017-12-31 | ฿33.78 | ฿96.25 | x |
| 2018-12-31 | ฿34.92 | ฿96.25 | x |
| 2019-12-31 | ฿35.69 | ฿96.25 | x |
| 2020-12-31 | ฿36.00 | ฿96.25 | x |
| 2021-12-31 | ฿36.87 | ฿96.25 | x |
| 2022-12-31 | ฿46.63 | ฿96.25 | x |
| 2023-12-31 | ฿48.24 | ฿96.25 | x |
| 2024-12-31 | ฿50.31 | ฿96.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wattana Karnpaet 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): 8.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.49%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.22x
- Recent ROE (8.68%) is above the historical average (3.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -13.04% | -15.54% | 0.17x | 4.84x | ฿-20.43 Million |
| 2002 | 7.26% | 7.23% | 0.24x | 4.13x | ฿-2.71 Million |
| 2003 | -20.84% | -19.25% | 0.23x | 4.70x | ฿-25.56 Million |
| 2004 | -46.19% | -29.64% | 0.24x | 6.37x | ฿-32.25 Million |
| 2005 | 64.17% | 186.35% | 0.25x | 1.37x | ฿171.25 Million |
| 2006 | -1.46% | -3.79% | 0.29x | 1.32x | ฿-38.93 Million |
| 2007 | 2.78% | 5.36% | 0.39x | 1.34x | ฿-20.39 Million |
| 2008 | 0.45% | 0.78% | 0.41x | 1.39x | ฿-26.92 Million |
| 2009 | 3.12% | 4.77% | 0.47x | 1.38x | ฿-19.98 Million |
| 2010 | 2.70% | 3.76% | 0.52x | 1.38x | ฿-21.59 Million |
| 2011 | -0.32% | -0.43% | 0.52x | 1.43x | ฿-28.94 Million |
| 2012 | 1.51% | 1.69% | 0.61x | 1.46x | ฿-24.17 Million |
| 2013 | 3.59% | 4.05% | 0.63x | 1.41x | ฿-19.40 Million |
| 2014 | 3.59% | 3.89% | 0.63x | 1.46x | ฿-19.84 Million |
| 2015 | 4.08% | 4.10% | 0.68x | 1.47x | ฿-18.88 Million |
| 2016 | 3.35% | 3.70% | 0.65x | 1.40x | ฿-21.59 Million |
| 2017 | 5.41% | 6.13% | 0.63x | 1.40x | ฿-15.49 Million |
| 2018 | 4.83% | 4.74% | 0.73x | 1.40x | ฿-18.04 Million |
| 2019 | 4.86% | 4.69% | 0.76x | 1.36x | ฿-18.35 Million |
| 2020 | 0.45% | 0.53% | 0.57x | 1.48x | ฿-34.36 Million |
| 2021 | 2.37% | 2.67% | 0.62x | 1.42x | ฿-28.12 Million |
| 2022 | 21.46% | 19.37% | 0.85x | 1.31x | ฿53.43 Million |
| 2023 | 11.65% | 11.87% | 0.77x | 1.28x | ฿7.94 Million |
| 2024 | 8.68% | 9.49% | 0.75x | 1.22x | ฿-6.64 Million |
Industry Comparison
This section compares Wattana Karnpaet Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $2,892,225,945
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wattana Karnpaet Public Company Limited (NEW) | ฿519.84 Million | -13.04% | 0.21x | $7.46 Million |
| Aikchol Hospital Public Company Limited (AHC) | $1.55 Billion | 9.07% | 0.19x | $29.59 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $6.40 Billion | 17.03% | 0.97x | $429.99 Million |
| Bumrungrad Hospital PCL (BH) | $13.10 Billion | 26.23% | 0.63x | $3.50 Billion |
| Chularat Hospital Public Company Limited (CHG) | $1.12 Billion | 29.84% | 0.38x | $205.50 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.27 Billion | 8.36% | 0.67x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $106.33 Million | 39.99% | 1.05x | $9.07 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $953.94 Million | 16.80% | 0.15x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $123.73 Million | 56.28% | 0.53x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $123.08 Million | 37.33% | 0.31x | $7.20 Million |