The Navakij Insurance Public Company Limited
The Navakij Insurance Public Company Limited provides non-life insurance products and services in Thailand. The company offers fire, marine and transportation, motor, home, business, property, accident and health, and miscellaneous insurance products. The company was formerly known as Luang Lee Insurance Company Limited and changed its name to The Navakij Insurance Public Company Limited in 1985.… Read more
The Navakij Insurance Public Company Limited (NKI) - Net Assets
Latest net assets as of September 2025: ฿1.84 Billion THB
Based on the latest financial reports, The Navakij Insurance Public Company Limited (NKI) has net assets worth ฿1.84 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 (฿5.29 Billion) and total liabilities (฿3.45 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 | ฿1.84 Billion |
| % of Total Assets | 34.75% |
| Annual Growth Rate | 1.82% |
| 5-Year Change | -5.66% |
| 10-Year Change | -7.62% |
| Growth Volatility | 9.64 |
The Navakij Insurance Public Company Limited - Net Assets Trend (2002–2024)
This chart illustrates how The Navakij Insurance 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 The Navakij Insurance Public Company Limited (2002–2024)
The table below shows the annual net assets of The Navakij Insurance Public Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.98 Billion | -10.40% |
| 2023-12-31 | ฿2.21 Billion | +0.92% |
| 2022-12-31 | ฿2.19 Billion | -2.81% |
| 2021-12-31 | ฿2.25 Billion | +7.34% |
| 2020-12-31 | ฿2.09 Billion | +1.36% |
| 2019-12-31 | ฿2.07 Billion | -1.93% |
| 2018-12-31 | ฿2.11 Billion | -3.00% |
| 2017-12-31 | ฿2.17 Billion | +3.65% |
| 2016-12-31 | ฿2.10 Billion | -2.01% |
| 2015-12-31 | ฿2.14 Billion | -4.91% |
| 2014-12-31 | ฿2.25 Billion | +4.06% |
| 2013-12-31 | ฿2.16 Billion | +1.75% |
| 2012-12-31 | ฿2.12 Billion | +17.09% |
| 2011-12-31 | ฿1.81 Billion | -18.86% |
| 2010-12-31 | ฿2.24 Billion | +10.67% |
| 2009-12-31 | ฿2.02 Billion | +12.99% |
| 2008-12-31 | ฿1.79 Billion | -13.79% |
| 2007-12-31 | ฿2.07 Billion | +9.35% |
| 2006-12-31 | ฿1.90 Billion | +4.81% |
| 2005-12-31 | ฿1.81 Billion | +10.46% |
| 2004-12-31 | ฿1.64 Billion | -0.55% |
| 2003-12-31 | ฿1.65 Billion | +23.88% |
| 2002-12-31 | ฿1.33 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Navakij Insurance 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 4824.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿984.84 Million | 49.84% |
| Common Stock | ฿380.00 Million | 19.23% |
| Other Comprehensive Income | ฿37.28 Million | 1.89% |
| Other Components | ฿573.78 Million | 29.04% |
| Total Equity | ฿1.98 Billion | 100.00% |
The Navakij Insurance Public Company Limited Competitors by Market Cap
The table below lists competitors of The Navakij Insurance Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GR.SOU.COP. LS-01
F:E9E
|
$6.45 Million |
|
JKN Global Media Public Company Limited
BK:JKN
|
$6.45 Million |
|
AdCapital AG
F:ADC
|
$6.45 Million |
|
HF Co.
LSE:0EOI
|
$6.45 Million |
|
Millbank Mining Corp.
V:MILL
|
$6.44 Million |
|
PT Sumber Sinergi Makmur Tbk
JK:IOTF
|
$6.44 Million |
|
Hitech Corporation Limited
NSE:HITECHCORP
|
$6.44 Million |
|
Enjoy S.A
SN:ENJOY
|
$6.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Navakij Insurance Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,205,191,807 to 1,975,904,067, a change of -229,287,740 (-10.4%).
- Net loss of 14,288,863 reduced equity.
- Dividend payments of 55,500,000 reduced retained earnings.
- New share issuances of 5,981 increased equity.
- Other comprehensive income decreased equity by 2,254,630.
- Other factors decreased equity by 157,250,228.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-14.29 Million | -0.72% |
| Dividends Paid | ฿55.50 Million | -2.81% |
| Share Issuances | ฿5.98K | +0.0% |
| Other Comprehensive Income | ฿-2.25 Million | -0.11% |
| Other Changes | ฿-157.25 Million | -7.96% |
| Total Change | ฿- | -10.40% |
Book Value vs Market Value Analysis
This analysis compares The Navakij Insurance 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: 0.25x
- 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 |
|---|---|---|---|
| 2002-12-31 | ฿48.61 | ฿12.80 | x |
| 2003-12-31 | ฿48.33 | ฿12.80 | x |
| 2004-12-31 | ฿44.35 | ฿12.80 | x |
| 2005-12-31 | ฿49.07 | ฿12.80 | x |
| 2006-12-31 | ฿53.11 | ฿12.80 | x |
| 2007-12-31 | ฿56.09 | ฿12.80 | x |
| 2008-12-31 | ฿48.34 | ฿12.80 | x |
| 2009-12-31 | ฿54.61 | ฿12.80 | x |
| 2010-12-31 | ฿60.43 | ฿12.80 | x |
| 2011-12-31 | ฿49.04 | ฿12.80 | x |
| 2012-12-31 | ฿57.41 | ฿12.80 | x |
| 2013-12-31 | ฿58.42 | ฿12.80 | x |
| 2014-12-31 | ฿60.79 | ฿12.80 | x |
| 2015-12-31 | ฿57.81 | ฿12.80 | x |
| 2016-12-31 | ฿56.59 | ฿12.80 | x |
| 2017-12-31 | ฿58.71 | ฿12.80 | x |
| 2018-12-31 | ฿56.95 | ฿12.80 | x |
| 2019-12-31 | ฿54.38 | ฿12.80 | x |
| 2020-12-31 | ฿55.12 | ฿12.80 | x |
| 2021-12-31 | ฿59.17 | ฿12.80 | x |
| 2022-12-31 | ฿57.50 | ฿12.80 | x |
| 2023-12-31 | ฿58.03 | ฿12.80 | x |
| 2024-12-31 | ฿52.00 | ฿12.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Navakij Insurance 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): -0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.43%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.95x
- Recent ROE (-0.72%) is below the historical average (5.12%), 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 | 4.98% | 6.76% | 0.37x | 1.97x | ฿-60.93 Million |
| 2003 | 8.93% | 14.29% | 0.35x | 1.80x | ฿-16.13 Million |
| 2004 | 9.73% | 14.48% | 0.37x | 1.84x | ฿-4.12 Million |
| 2005 | 10.27% | 15.52% | 0.37x | 1.81x | ฿4.56 Million |
| 2006 | 9.72% | 14.23% | 0.38x | 1.81x | ฿-5.31 Million |
| 2007 | 10.94% | 17.19% | 0.38x | 1.67x | ฿19.54 Million |
| 2008 | 6.68% | 8.36% | 0.43x | 1.85x | ฿-59.45 Million |
| 2009 | 7.85% | 30.75% | 0.14x | 1.78x | ฿-43.48 Million |
| 2010 | 7.16% | 9.73% | 0.40x | 1.84x | ฿-63.58 Million |
| 2011 | -10.87% | -10.05% | 0.05x | 23.70x | ฿-378.59 Million |
| 2012 | 1.78% | 1.84% | 0.10x | 9.66x | ฿-174.64 Million |
| 2013 | 11.46% | 10.76% | 0.35x | 3.04x | ฿31.64 Million |
| 2014 | 10.47% | 9.95% | 0.46x | 2.28x | ฿10.53 Million |
| 2015 | 2.32% | 1.80% | 0.48x | 2.66x | ฿-164.21 Million |
| 2016 | 1.62% | 1.19% | 0.52x | 2.64x | ฿-175.58 Million |
| 2017 | 5.09% | 4.57% | 0.47x | 2.38x | ฿-106.59 Million |
| 2018 | 4.11% | 3.62% | 0.46x | 2.48x | ฿-124.21 Million |
| 2019 | 1.43% | 1.16% | 0.45x | 2.76x | ฿-177.00 Million |
| 2020 | 3.41% | 2.70% | 0.43x | 2.90x | ฿-138.13 Million |
| 2021 | 4.86% | 3.85% | 0.45x | 2.79x | ฿-115.48 Million |
| 2022 | 1.14% | 0.85% | 0.47x | 2.87x | ฿-193.66 Million |
| 2023 | 5.44% | 3.70% | 0.53x | 2.80x | ฿-100.49 Million |
| 2024 | -0.72% | -0.43% | 0.57x | 2.95x | ฿-211.88 Million |
Industry Comparison
This section compares The Navakij Insurance Public Company Limited's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $2,523,100,425
- Average return on equity (ROE) among peers: 4.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Navakij Insurance Public Company Limited (NKI) | ฿1.84 Billion | 4.98% | 1.88x | $6.44 Million |
| Allianz Ayudhya Capital Public Company Limited (AYUD) | $9.27 Billion | 8.10% | 0.42x | $81.98 Million |
| Bangkok Union Insurance Public Co. Ltd. (BUI) | $470.18 Million | 4.85% | 1.03x | $8.54 Million |
| Charan Insurance Public Company Limited (CHARAN) | $526.80 Million | -1.35% | 0.90x | $2.22 Million |
| Indara Insurance Public Company Limited (INSURE) | $170.66 Million | 8.25% | 3.13x | $16.87 Million |
| Muang Thai Insurance Public Company Limited (MTI) | $4.56 Billion | 20.32% | 3.09x | $61.25 Million |
| Thai Setakij Insurance PCL (TSI) | $415.32 Million | -24.68% | 2.13x | $1.06 Million |
| Thaivivat Holdings Public Company Limited (TVH) | $2.25 Billion | 15.53% | 3.86x | $56.53 Million |