NSL Foods Public Company Limited
NSL Foods Public Company Limited engages in the manufacture and distribution of bakery and snack products in Thailand. The company offers snacks, bakery, dessert, and other food products. It is also involved in the wholesale of frozen and processed fish, aquatic products, meat, seaweeds, and vegetables; and processing of meat products for restaurants, hotels, catering services, and international … Read more
NSL Foods Public Company Limited (NSL) - Net Assets
Latest net assets as of September 2025: ฿2.07 Billion THB
Based on the latest financial reports, NSL Foods Public Company Limited (NSL) has net assets worth ฿2.07 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 (฿3.32 Billion) and total liabilities (฿1.25 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 | ฿2.07 Billion |
| % of Total Assets | 62.22% |
| Annual Growth Rate | 29.55% |
| 5-Year Change | 322.29% |
| 10-Year Change | N/A |
| Growth Volatility | 54.08 |
NSL Foods Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how NSL Foods 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 NSL Foods Public Company Limited (2016–2024)
The table below shows the annual net assets of NSL Foods Public Company Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.92 Billion | +21.83% |
| 2023-12-31 | ฿1.58 Billion | +12.11% |
| 2022-12-31 | ฿1.41 Billion | +12.31% |
| 2021-12-31 | ฿1.25 Billion | +175.30% |
| 2020-12-31 | ฿454.78 Million | -3.93% |
| 2019-12-31 | ฿473.37 Million | +48.70% |
| 2018-12-31 | ฿318.35 Million | +16.14% |
| 2017-12-31 | ฿274.12 Million | +13.24% |
| 2016-12-31 | ฿242.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NSL Foods 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 579.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿761.69 Million | 40.32% |
| Other Components | ฿1.13 Billion | 59.68% |
| Total Equity | ฿1.89 Billion | 100.00% |
NSL Foods Public Company Limited Competitors by Market Cap
The table below lists competitors of NSL Foods Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Palladium Ltd
AU:SPD
|
$52.95 Million |
|
Maxi-Cash Financial Services Corporation Ltd
STU:5MX
|
$52.98 Million |
|
Yong Pyong Resort Corp
KO:070960
|
$52.98 Million |
|
UNIBEP S.A.
WAR:UNI
|
$52.98 Million |
|
GeneOne Life Science Inc
KO:011000
|
$52.94 Million |
|
RCF ACQ.CORP.CL.A -0001
F:GY0
|
$52.91 Million |
|
Hi Sun Technology (China) Limited
PINK:HISNF
|
$52.90 Million |
|
Bright Led Electronics Corp
TW:3031
|
$52.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NSL Foods Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,559,657,686 to 1,889,060,363, a change of 329,402,677 (21.1%).
- Net income of 541,008,129 contributed positively to equity growth.
- Dividend payments of 209,991,660 reduced retained earnings.
- Other comprehensive income decreased equity by 30,000,000.
- Other factors increased equity by 28,386,208.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿541.01 Million | +28.64% |
| Dividends Paid | ฿209.99 Million | -11.12% |
| Other Comprehensive Income | ฿-30.00 Million | -1.59% |
| Other Changes | ฿28.39 Million | +1.5% |
| Total Change | ฿- | 21.12% |
Book Value vs Market Value Analysis
This analysis compares NSL Foods 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: 3.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 28.13x to 3.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ฿0.81 | ฿22.70 | x |
| 2017-12-31 | ฿0.91 | ฿22.70 | x |
| 2018-12-31 | ฿1.06 | ฿22.70 | x |
| 2019-12-31 | ฿1.58 | ฿22.70 | x |
| 2020-12-31 | ฿1.52 | ฿22.70 | x |
| 2021-12-31 | ฿4.59 | ฿22.70 | x |
| 2022-12-31 | ฿4.69 | ฿22.70 | x |
| 2023-12-31 | ฿5.20 | ฿22.70 | x |
| 2024-12-31 | ฿6.30 | ฿22.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NSL Foods 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): 28.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.26%
- • Asset Turnover: 1.90x
- • Equity Multiplier: 1.63x
- Recent ROE (28.64%) is above the historical average (24.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.50% | 1.59% | 1.72x | 6.77x | ฿20.58 Million |
| 2017 | 20.04% | 1.82% | 1.92x | 5.75x | ฿27.53 Million |
| 2018 | 24.89% | 2.53% | 1.93x | 5.09x | ฿47.40 Million |
| 2019 | 33.01% | 4.64% | 2.06x | 3.46x | ฿108.94 Million |
| 2020 | 33.29% | 5.18% | 1.86x | 3.46x | ฿105.94 Million |
| 2021 | 15.26% | 6.29% | 1.44x | 1.69x | ฿65.91 Million |
| 2022 | 21.16% | 7.44% | 1.75x | 1.63x | ฿156.99 Million |
| 2023 | 21.38% | 6.96% | 1.92x | 1.60x | ฿177.51 Million |
| 2024 | 28.64% | 9.26% | 1.90x | 1.63x | ฿352.10 Million |
Industry Comparison
This section compares NSL Foods Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,391,064,045
- Average return on equity (ROE) among peers: 10.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NSL Foods Public Company Limited (NSL) | ฿2.07 Billion | 18.50% | 0.61x | $52.95 Million |
| Asian Alliance International PCL (AAI) | $5.03 Billion | 17.07% | 0.21x | $44.94 Million |
| ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) | $223.79 Million | 12.62% | 0.53x | $9.36 Million |
| Bioscience Animal Health PCL (BIS) | $790.50 Million | 6.41% | 0.55x | $4.73 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $2.23 Billion | 20.55% | 1.36x | $7.74 Million |
| Chin Huay PCL (CH) | $1.26 Billion | 4.46% | 0.41x | $13.50 Million |
| CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED (CHAO) | $705.27 Million | 12.28% | 0.37x | $12.54 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.08 Billion | 4.18% | 0.16x | $3.81 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.35 Billion | 8.86% | 0.10x | $6.01 Million |
| Thai Coconut Public Company Limited (COCOCO) | $1.24 Billion | 19.55% | 1.47x | $48.75 Million |
| DOD Biotech Public Company Limited (DOD) | $-1.44 Million | 0.00% | 0.00x | $13.94 Million |