The Navakij Insurance Public Company Limited (NKI) - Net Assets
Based on the latest financial reports, The Navakij Insurance Public Company Limited (NKI) has net assets worth ฿1.66 Billion THB (≈ $51.67 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿5.20 Billion ≈ $162.07 Million USD) and total liabilities (฿3.54 Billion ≈ $110.40 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 tangible net worth ratio of The Navakij Insurance Public Company Lim to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.66 Billion |
| % of Total Assets | 31.88% |
| Annual Growth Rate | 0.96% |
| 5-Year Change | -26.26% |
| 10-Year Change | -20.9% |
| Growth Volatility | 10.14 |
The Navakij Insurance Public Company Limited - Net Assets Trend (2002–2025)
This chart illustrates how The Navakij Insurance Public Company Limited's net assets have evolved over time, based on quarterly financial data. See The Navakij Insurance Public Company Lim liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for The Navakij Insurance Public Company Limited (2002–2025)
The table below shows the annual net assets of The Navakij Insurance Public Company Limited from 2002 to 2025. For live valuation and market cap data, see market cap of The Navakij Insurance Public Company Lim.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.66 Billion ≈ $51.67 Million |
-16.10% |
| 2024-12-31 | ฿1.98 Billion ≈ $61.59 Million |
-10.40% |
| 2023-12-31 | ฿2.21 Billion ≈ $68.73 Million |
+0.92% |
| 2022-12-31 | ฿2.19 Billion ≈ $68.11 Million |
-2.81% |
| 2021-12-31 | ฿2.25 Billion ≈ $70.08 Million |
+7.34% |
| 2020-12-31 | ฿2.09 Billion ≈ $65.29 Million |
+1.36% |
| 2019-12-31 | ฿2.07 Billion ≈ $64.41 Million |
-1.93% |
| 2018-12-31 | ฿2.11 Billion ≈ $65.68 Million |
-3.00% |
| 2017-12-31 | ฿2.17 Billion ≈ $67.71 Million |
+3.65% |
| 2016-12-31 | ฿2.10 Billion ≈ $65.33 Million |
-2.01% |
| 2015-12-31 | ฿2.14 Billion ≈ $66.67 Million |
-4.91% |
| 2014-12-31 | ฿2.25 Billion ≈ $70.11 Million |
+4.06% |
| 2013-12-31 | ฿2.16 Billion ≈ $67.38 Million |
+1.75% |
| 2012-12-31 | ฿2.12 Billion ≈ $66.22 Million |
+17.09% |
| 2011-12-31 | ฿1.81 Billion ≈ $56.55 Million |
-18.86% |
| 2010-12-31 | ฿2.24 Billion ≈ $69.69 Million |
+10.67% |
| 2009-12-31 | ฿2.02 Billion ≈ $62.97 Million |
+12.99% |
| 2008-12-31 | ฿1.79 Billion ≈ $55.74 Million |
-13.79% |
| 2007-12-31 | ฿2.07 Billion ≈ $64.65 Million |
+9.35% |
| 2006-12-31 | ฿1.90 Billion ≈ $59.12 Million |
+4.81% |
| 2005-12-31 | ฿1.81 Billion ≈ $56.41 Million |
+10.46% |
| 2004-12-31 | ฿1.64 Billion ≈ $51.07 Million |
-0.55% |
| 2003-12-31 | ฿1.65 Billion ≈ $51.35 Million |
+23.88% |
| 2002-12-31 | ฿1.33 Billion ≈ $41.45 Million |
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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 3211.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿662.32 Million | 39.95% |
| Other Components | ฿995.55 Million | 60.05% |
| Total Equity | ฿1.66 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 |
|---|---|
|
RGT Bhd
KLSE:9954
|
$17.19 Million |
|
NYESA VALOS CO.EO 001
F:7NY0
|
$17.20 Million |
|
Samyang Holdings Corp
KO:000075
|
$17.20 Million |
|
Dubber Corporation Ltd
AU:DUB
|
$17.20 Million |
|
Linkage Global Inc
NASDAQ:UZX
|
$17.17 Million |
|
Ortivus AB ser. B
ST:ORTI-B
|
$17.17 Million |
|
Uniserve Communications Corp
V:USS
|
$17.17 Million |
|
Zungwon En-Sys Inc
KQ:045510
|
$17.15 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 2024 to 2025, total equity changed from 1,975,904,067 to 1,657,866,297, a change of -318,037,770 (-16.1%).
- Net loss of 583,514,233 reduced equity.
- Other comprehensive income decreased equity by 37,283,437.
- Other factors increased equity by 302,759,900.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-583.51 Million | -35.2% |
| Other Comprehensive Income | ฿-37.28 Million | -2.25% |
| Other Changes | ฿302.76 Million | +18.26% |
| Total Change | ฿- | -16.10% |
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: 0.33x
- 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 | ฿14.50 | x |
| 2003-12-31 | ฿48.33 | ฿14.50 | x |
| 2004-12-31 | ฿44.35 | ฿14.50 | x |
| 2005-12-31 | ฿49.07 | ฿14.50 | x |
| 2006-12-31 | ฿53.11 | ฿14.50 | x |
| 2007-12-31 | ฿56.09 | ฿14.50 | x |
| 2008-12-31 | ฿48.34 | ฿14.50 | x |
| 2009-12-31 | ฿54.61 | ฿14.50 | x |
| 2010-12-31 | ฿60.43 | ฿14.50 | x |
| 2011-12-31 | ฿49.04 | ฿14.50 | x |
| 2012-12-31 | ฿57.41 | ฿14.50 | x |
| 2013-12-31 | ฿58.42 | ฿14.50 | x |
| 2014-12-31 | ฿60.79 | ฿14.50 | x |
| 2015-12-31 | ฿57.81 | ฿14.50 | x |
| 2016-12-31 | ฿56.59 | ฿14.50 | x |
| 2017-12-31 | ฿58.71 | ฿14.50 | x |
| 2018-12-31 | ฿56.95 | ฿14.50 | x |
| 2019-12-31 | ฿54.38 | ฿14.50 | x |
| 2020-12-31 | ฿55.12 | ฿14.50 | x |
| 2021-12-31 | ฿59.17 | ฿14.50 | x |
| 2022-12-31 | ฿57.50 | ฿14.50 | x |
| 2023-12-31 | ฿58.03 | ฿14.50 | x |
| 2024-12-31 | ฿52.00 | ฿14.50 | x |
| 2025-12-31 | ฿43.63 | ฿14.50 | 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): -35.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.63%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 3.14x
- Recent ROE (-35.20%) is below the historical average (3.44%), 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 |
| 2025 | -35.20% | -19.63% | 0.57x | 3.14x | ฿-749.30 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: $2,226,030,990
- Average return on equity (ROE) among peers: 5.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Navakij Insurance Public Company Limited (NKI) | ฿1.66 Billion | 4.98% | 2.14x | $17.17 Million |
| Allianz Ayudhya Capital Public Company Limited (AYUD) | $5.25 Billion | 6.79% | 0.21x | $485.32 Million |
| Bangkok Union Insurance Public Co. Ltd. (BUI) | $1.17 Billion | 6.05% | 0.63x | $18.92 Million |
| Charan Insurance Public Company Limited (CHARAN) | $525.81 Million | 3.84% | 0.32x | $6.36 Million |
| Indara Insurance Public Company Limited (INSURE) | $215.20 Million | 3.46% | 3.61x | $20.20 Million |
| Muang Thai Insurance Public Company Limited (MTI) | $6.00 Billion | 12.78% | 4.00x | $292.40 Million |
| Thai Setakij Insurance PCL (TSI) | $185.55 Million | 1.70% | 7.71x | $3.56 Million |
About The Navakij Insurance Public Company Limited
The Navakij Insurance Public Company Limited provides non-life insurance products and services in Thailand. It offers fire, marine and transportation, car, house, 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. The Navak… Read more