News Network Corporation Public Company Limited (NEWS) - Net Assets
Based on the latest financial reports, News Network Corporation Public Company Limited (NEWS) has net assets worth ฿979.75 Million THB (≈ $30.54 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 (฿1.98 Billion ≈ $61.72 Million USD) and total liabilities (฿1.00 Billion ≈ $31.18 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. Check financial resilience of News Network Corporation Public Company to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿979.75 Million |
| % of Total Assets | 49.48% |
| Annual Growth Rate | 19.87% |
| 5-Year Change | 84.41% |
| 10-Year Change | -52.07% |
| Growth Volatility | 138.85 |
News Network Corporation Public Company Limited - Net Assets Trend (2003–2024)
This chart illustrates how News Network Corporation Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of News Network Corporation Public Company for the complete picture of this company's asset base.
Annual Net Assets for News Network Corporation Public Company Limited (2003–2024)
The table below shows the annual net assets of News Network Corporation Public Company Limited from 2003 to 2024. For live valuation and market cap data, see News Network Corporation Public Company (NEWS) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.12 Billion ≈ $34.77 Million |
+40.15% |
| 2023-12-31 | ฿795.94 Million ≈ $24.81 Million |
-39.76% |
| 2022-12-31 | ฿1.32 Billion ≈ $41.19 Million |
+79.77% |
| 2021-12-31 | ฿735.01 Million ≈ $22.91 Million |
+21.51% |
| 2020-12-31 | ฿604.91 Million ≈ $18.85 Million |
+6.51% |
| 2019-12-31 | ฿567.96 Million ≈ $17.70 Million |
+243.14% |
| 2018-12-31 | ฿165.52 Million ≈ $5.16 Million |
-38.58% |
| 2017-12-31 | ฿269.48 Million ≈ $8.40 Million |
-58.73% |
| 2016-12-31 | ฿653.05 Million ≈ $20.36 Million |
-71.94% |
| 2015-12-31 | ฿2.33 Billion ≈ $72.54 Million |
-26.25% |
| 2014-12-31 | ฿3.16 Billion ≈ $98.36 Million |
+452.99% |
| 2013-12-31 | ฿570.66 Million ≈ $17.79 Million |
+122.12% |
| 2012-12-31 | ฿256.91 Million ≈ $8.01 Million |
-35.85% |
| 2011-12-31 | ฿400.50 Million ≈ $12.48 Million |
+93.30% |
| 2010-12-31 | ฿207.20 Million ≈ $6.46 Million |
+207.48% |
| 2009-12-31 | ฿67.38 Million ≈ $2.10 Million |
-29.37% |
| 2008-12-31 | ฿95.41 Million ≈ $2.97 Million |
+2.40% |
| 2007-12-31 | ฿93.17 Million ≈ $2.90 Million |
-6.44% |
| 2006-12-31 | ฿99.59 Million ≈ $3.10 Million |
-8.91% |
| 2005-12-31 | ฿109.33 Million ≈ $3.41 Million |
-5.05% |
| 2004-12-31 | ฿115.15 Million ≈ $3.59 Million |
+364.36% |
| 2003-12-31 | ฿24.80 Million ≈ $772.90K |
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Equity Component Analysis
This analysis shows how different components contribute to News Network Corporation 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 23867.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿183.64 Billion | 16462.89% |
| Other Comprehensive Income | ฿2.79 Million | 0.25% |
| Total Equity | ฿1.12 Billion | 100.00% |
News Network Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of News Network Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PTL Enterprises Limited
NSE:PTL
|
$57.25 Million |
|
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS
IS:FRIGO
|
$57.27 Million |
|
NexMetals Mining Corp. Common Shares
NASDAQ:NEXM
|
$57.29 Million |
|
Wha Yu Industrial Co Ltd
TW:3419
|
$57.32 Million |
|
Mr. Blue Corporation
KQ:207760
|
$57.23 Million |
|
Acorn Capital Investment Fund Ltd
AU:ACQ
|
$57.22 Million |
|
Khaitan Chemicals & Fertilizers Limited
NSE:KHAICHEM
|
$57.20 Million |
|
Hoang Quan Consulting Trading Service Real Estate Corp
VN:HQC
|
$57.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in News Network Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 795,942,681 to 1,115,508,482, a change of 319,565,801 (40.1%).
- Net loss of 245,867,632 reduced equity.
- New share issuances of 80,000,000 increased equity.
- Other factors increased equity by 485,433,433.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-245.87 Million | -22.04% |
| Share Issuances | ฿80.00 Million | +7.17% |
| Other Changes | ฿485.43 Million | +43.52% |
| Total Change | ฿- | 40.15% |
Book Value vs Market Value Analysis
This analysis compares News Network Corporation 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: 1.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ฿2.62 | ฿0.01 | x |
| 2004-12-31 | ฿1168.72 | ฿0.01 | x |
| 2005-12-31 | ฿676.61 | ฿0.01 | x |
| 2006-12-31 | ฿630.72 | ฿0.01 | x |
| 2007-12-31 | ฿590.10 | ฿0.01 | x |
| 2008-12-31 | ฿604.25 | ฿0.01 | x |
| 2009-12-31 | ฿492.42 | ฿0.01 | x |
| 2010-12-31 | ฿432.84 | ฿0.01 | x |
| 2011-12-31 | ฿383.16 | ฿0.01 | x |
| 2012-12-31 | ฿0.03 | ฿0.01 | x |
| 2013-12-31 | ฿0.05 | ฿0.01 | x |
| 2014-12-31 | ฿1.35 | ฿0.01 | x |
| 2015-12-31 | ฿0.02 | ฿0.01 | x |
| 2016-12-31 | ฿0.01 | ฿0.01 | x |
| 2017-12-31 | ฿0.01 | ฿0.01 | x |
| 2018-12-31 | ฿0.00 | ฿0.01 | x |
| 2019-12-31 | ฿0.01 | ฿0.01 | x |
| 2020-12-31 | ฿0.01 | ฿0.01 | x |
| 2021-12-31 | ฿0.01 | ฿0.01 | x |
| 2022-12-31 | ฿0.01 | ฿0.01 | x |
| 2023-12-31 | ฿0.01 | ฿0.01 | x |
| 2024-12-31 | ฿0.01 | ฿0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently News Network Corporation 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): -22.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -124.86%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.73x
- Recent ROE (-22.04%) is above the historical average (-40.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 64.88% | 32.17% | 1.53x | 1.32x | ฿13.61 Million |
| 2004 | 18.36% | 33.85% | 0.46x | 1.17x | ฿9.63 Million |
| 2005 | 10.94% | 9.85% | 0.85x | 1.31x | ฿1.00 Million |
| 2006 | 2.77% | 2.72% | 0.82x | 1.25x | ฿-7.20 Million |
| 2007 | -4.20% | -5.33% | 0.65x | 1.21x | ฿-13.23 Million |
| 2008 | 2.34% | 3.07% | 0.69x | 1.10x | ฿-7.31 Million |
| 2009 | -41.59% | -64.14% | 0.59x | 1.11x | ฿-34.76 Million |
| 2010 | -70.02% | -135.26% | 0.36x | 1.46x | ฿-165.79 Million |
| 2011 | -50.88% | -102.32% | 0.40x | 1.25x | ฿-243.84 Million |
| 2012 | -56.89% | -66.20% | 0.71x | 1.21x | ฿-171.86 Million |
| 2013 | -34.56% | -91.32% | 0.33x | 1.15x | ฿-254.54 Million |
| 2014 | -17.73% | -249.88% | 0.05x | 1.39x | ฿-875.80 Million |
| 2015 | -25.98% | -284.68% | 0.06x | 1.44x | ฿-838.86 Million |
| 2016 | -226.86% | -539.90% | 0.13x | 3.29x | ฿-1.57 Billion |
| 2017 | -200.15% | -151.64% | 0.27x | 4.86x | ฿-596.03 Million |
| 2018 | -154.58% | -45.69% | 0.52x | 6.48x | ฿-288.16 Million |
| 2019 | -33.81% | -49.63% | 0.55x | 1.24x | ฿-248.85 Million |
| 2020 | -8.73% | -43.13% | 0.13x | 1.52x | ฿-113.33 Million |
| 2021 | 14.59% | 115.21% | 0.11x | 1.14x | ฿33.70 Million |
| 2022 | 2.77% | 7019.42% | 0.00x | 1.03x | ฿-95.49 Million |
| 2023 | -67.09% | -1582.19% | 0.03x | 1.59x | ฿-613.56 Million |
| 2024 | -22.04% | -124.86% | 0.10x | 1.73x | ฿-357.42 Million |
Industry Comparison
This section compares News Network Corporation Public Company Limited's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $799,130,099
- Average return on equity (ROE) among peers: 24.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| News Network Corporation Public Company Limited (NEWS) | ฿979.75 Million | 64.88% | 1.02x | $57.24 Million |
| Humanica Public Company Limited (HUMAN) | $1.04 Billion | 9.10% | 0.11x | $114.16 Million |
| Netbay Public Company Limited (NETBAY) | $553.82 Million | 38.99% | 0.39x | $102.23 Million |
About News Network Corporation Public Company Limited
SPT X Public Company Limited, together with its subsidiaries, engages in the securities business Thailand. The company provides securities, future, and derivatives brokerage services; invests in securities business; operates an institution learning academy related to investing in financial instruments, such as securities, derivatives, and others; and distributes and sells books related to investm… Read more