Nl Development Public Company Limited
NL Development Public Company Limited engages in the general construction and contractor business in Thailand. The company constructs medical, office and commercial, residential, and special buildings, as well as offers other construction works. It also provides surveying, design, and construction services for buildings, including installation services for various engineering systems; and constru… Read more
Nl Development Public Company Limited (NL) - Net Assets
Latest net assets as of June 2024: ฿826.35 Million THB
Based on the latest financial reports, Nl Development Public Company Limited (NL) has net assets worth ฿826.35 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.67 Billion) and total liabilities (฿842.38 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 | ฿826.35 Million |
| % of Total Assets | 49.52% |
| Annual Growth Rate | -9.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Nl Development Public Company Limited - Net Assets Trend (2022–2023)
This chart illustrates how Nl Development 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 Nl Development Public Company Limited (2022–2023)
The table below shows the annual net assets of Nl Development Public Company Limited from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-03-31 | ฿560.10 Million | -9.61% |
| 2022-03-31 | ฿619.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nl Development 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 37.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿133.68 Million | 23.87% |
| Other Components | ฿426.42 Million | 76.13% |
| Total Equity | ฿560.10 Million | 100.00% |
Nl Development Public Company Limited Competitors by Market Cap
The table below lists competitors of Nl Development Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XP Chemistries AB
ST:XPC
|
$2.35 Million |
|
AKS Corporation Public Company Limited
BK:AKS
|
$2.35 Million |
|
Arcadia Biosciences Inc
NASDAQ:RKDA
|
$2.35 Million |
|
ARHT Media Inc
OTCQB:ARHTF
|
$2.35 Million |
|
NEVADA SUNRISE METALS
F:K4L
|
$2.35 Million |
|
Element79 Gold Corp
OTCQB:ELMGF
|
$2.35 Million |
|
QEM Ltd
AU:QEM
|
$2.34 Million |
|
Highway Holdings Limited
NASDAQ:HIHO
|
$2.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nl Development Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 619,299,028 to 560,100,904, a change of -59,198,125 (-9.6%).
- Net income of 57,579,204 contributed positively to equity growth.
- Dividend payments of 146,000,000 reduced retained earnings.
- New share issuances of 20,000,000 increased equity.
- Other factors increased equity by 9,222,671.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿57.58 Million | +10.28% |
| Dividends Paid | ฿146.00 Million | -26.07% |
| Share Issuances | ฿20.00 Million | +3.57% |
| Other Changes | ฿9.22 Million | +1.65% |
| Total Change | ฿- | -9.56% |
Book Value vs Market Value Analysis
This analysis compares Nl Development 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: 0.57x
- 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 |
|---|---|---|---|
| 2022-03-31 | ฿1.24 | ฿0.64 | x |
| 2023-03-31 | ฿1.12 | ฿0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nl Development 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): 10.28%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.72%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.38x
- Recent ROE (10.28%) is above the historical average (9.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 9.26% | 4.14% | 0.98x | 2.29x | ฿-4.60 Million |
| 2023 | 10.28% | 4.72% | 0.91x | 2.38x | ฿1.57 Million |
Industry Comparison
This section compares Nl Development Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,635,753,561
- Average return on equity (ROE) among peers: 5.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nl Development Public Company Limited (NL) | ฿826.35 Million | 9.26% | 1.02x | $2.35 Million |
| AMR Asia Public Company Limited (AMR) | $885.39 Million | -12.37% | 0.82x | $2.67 Million |
| Asia Precision Public Company Limited (APCS) | $809.04 Million | -8.74% | 0.50x | $12.58 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $77.07 Million | 19.04% | 2.60x | $4.97 Million |
| Civil Engineering PCL (CIVIL) | $772.10 Million | 24.95% | 7.45x | $4.32 Million |
| CH. Karnchang PCL (CK) | $25.83 Billion | 9.66% | 2.23x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $4.32 Billion | 6.60% | 2.55x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.24 Billion | 0.31% | 1.70x | $8.20 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $356.04 Million | -4.00% | 2.34x | $1.70 Million |
| Demco Public Company Limited (DEMCO) | $1.05 Billion | 8.50% | 0.87x | $19.24 Million |
| EMC Public Company Limited (EMC) | $1.02 Billion | 9.69% | 0.99x | $3.14 Million |