Nonthavej Hospital Public Company Limited (NTV) - Net Assets

Latest as of September 2025: ฿2.75 Billion THB ≈ $85.66 Million USD

Based on the latest financial reports, Nonthavej Hospital Public Company Limited (NTV) has net assets worth ฿2.75 Billion THB (≈ $85.66 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 (฿3.12 Billion ≈ $97.09 Million USD) and total liabilities (฿366.81 Million ≈ $11.43 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 how resilient are Nonthavej Hospital Public Company Limite's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿2.75 Billion
% of Total Assets	88.22%
Annual Growth Rate	7.55%
5-Year Change	25.33%
10-Year Change	78.95%
Growth Volatility	3.61

Nonthavej Hospital Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Nonthavej Hospital Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Nonthavej Hospital Public Company Limite total assets for the complete picture of this company's asset base.

Annual Net Assets for Nonthavej Hospital Public Company Limited (2000–2024)

The table below shows the annual net assets of Nonthavej Hospital Public Company Limited from 2000 to 2024. For live valuation and market cap data, see NTV market cap.

Year	Net Assets	Change
2024-12-31	฿2.76 Billion ≈ $86.04 Million	+4.80%
2023-12-31	฿2.63 Billion ≈ $82.10 Million	+8.34%
2022-12-31	฿2.43 Billion ≈ $75.78 Million	+9.34%
2021-12-31	฿2.22 Billion ≈ $69.30 Million	+0.94%
2020-12-31	฿2.20 Billion ≈ $68.66 Million	-1.01%
2019-12-31	฿2.23 Billion ≈ $69.36 Million	+9.22%
2018-12-31	฿2.04 Billion ≈ $63.50 Million	+10.33%
2017-12-31	฿1.85 Billion ≈ $57.56 Million	+9.66%
2016-12-31	฿1.68 Billion ≈ $52.49 Million	+9.16%
2015-12-31	฿1.54 Billion ≈ $48.08 Million	+10.16%
2014-12-31	฿1.40 Billion ≈ $43.65 Million	+9.38%
2013-12-31	฿1.28 Billion ≈ $39.90 Million	+8.45%
2012-12-31	฿1.18 Billion ≈ $36.79 Million	+14.60%
2011-12-31	฿1.03 Billion ≈ $32.11 Million	+2.56%
2010-12-31	฿1.00 Billion ≈ $31.31 Million	+9.66%
2009-12-31	฿915.96 Million ≈ $28.55 Million	+8.60%
2008-12-31	฿843.43 Million ≈ $26.29 Million	+10.78%
2007-12-31	฿761.37 Million ≈ $23.73 Million	+9.65%
2006-12-31	฿694.36 Million ≈ $21.64 Million	+11.50%
2005-12-31	฿622.76 Million ≈ $19.41 Million	+4.36%
2004-12-31	฿596.76 Million ≈ $18.60 Million	+4.24%
2003-12-31	฿572.49 Million ≈ $17.84 Million	+6.85%
2002-12-31	฿535.79 Million ≈ $16.70 Million	+2.70%
2001-12-31	฿521.70 Million ≈ $16.26 Million	+8.53%
2000-12-31	฿480.70 Million ≈ $14.98 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Nonthavej Hospital 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 1693.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿2.39 Billion	86.46%
Common Stock	฿160.00 Million	5.80%
Other Comprehensive Income	฿16.00 Million	0.58%
Other Components	฿197.68 Million	7.16%
Total Equity	฿2.76 Billion	100.00%

Nonthavej Hospital Public Company Limited Competitors by Market Cap

The table below lists competitors of Nonthavej Hospital Public Company Limited ranked by their market capitalization.

Company	Market Cap
Cube Entertainment Inc KQ:182360	$110.23 Million
Yuhwa Sec KO:003460	$110.23 Million
Crossject PA:ALCJ	$110.24 Million
Merck Tbk JK:MERK	$110.25 Million
Macrogen Inc KQ:038290	$110.15 Million
Control Print Limited NSE:CONTROLPR	$110.15 Million
Gan Shmuel TA:GSFI	$110.13 Million
TOPMATERIAL LTD KQ:360070	$110.13 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nonthavej Hospital Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,634,036,342 to 2,760,546,898, a change of 126,510,556 (4.8%).
Net income of 360,742,576 contributed positively to equity growth.
Dividend payments of 233,600,000 reduced retained earnings.
Other comprehensive income decreased equity by 26,308,089.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿360.74 Million	+13.07%
Dividends Paid	฿233.60 Million	-8.46%
Other Comprehensive Income	฿-26.31 Million	-0.95%
Other Changes	฿25.68 Million	+0.93%
Total Change	฿-	4.80%

Book Value vs Market Value Analysis

This analysis compares Nonthavej Hospital 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 decreased from 6.18x to 1.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	฿3.58	฿22.10	x
2004-12-31	฿3.73	฿22.10	x
2005-12-31	฿3.89	฿22.10	x
2006-12-31	฿4.34	฿22.10	x
2007-12-31	฿4.76	฿22.10	x
2008-12-31	฿5.27	฿22.10	x
2009-12-31	฿5.72	฿22.10	x
2010-12-31	฿6.28	฿22.10	x
2011-12-31	฿6.44	฿22.10	x
2012-12-31	฿7.38	฿22.10	x
2013-12-31	฿8.00	฿22.10	x
2014-12-31	฿8.75	฿22.10	x
2015-12-31	฿9.64	฿22.10	x
2016-12-31	฿10.52	฿22.10	x
2017-12-31	฿11.54	฿22.10	x
2018-12-31	฿12.73	฿22.10	x
2019-12-31	฿13.91	฿22.10	x
2020-12-31	฿13.77	฿22.10	x
2021-12-31	฿13.90	฿22.10	x
2022-12-31	฿15.20	฿22.10	x
2023-12-31	฿16.46	฿22.10	x
2024-12-31	฿17.25	฿22.10	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nonthavej Hospital 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): 13.07%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.52%
• Asset Turnover: 0.79x
• Equity Multiplier: 1.13x
Recent ROE (13.07%) is below the historical average (15.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	7.91%	9.05%	0.75x	1.17x	฿-10.04 Million
2001	8.62%	9.44%	0.84x	1.09x	฿-7.18 Million
2002	9.32%	9.58%	0.89x	1.10x	฿-3.64 Million
2003	13.34%	12.42%	0.97x	1.11x	฿19.13 Million
2004	14.37%	11.58%	1.10x	1.13x	฿26.09 Million
2005	15.46%	11.32%	1.21x	1.13x	฿33.97 Million
2006	20.60%	14.01%	1.29x	1.14x	฿73.63 Million
2007	20.11%	13.32%	1.17x	1.29x	฿76.99 Million
2008	20.65%	13.53%	1.18x	1.29x	฿89.81 Million
2009	19.32%	13.35%	1.26x	1.15x	฿85.38 Million
2010	19.36%	13.97%	1.21x	1.14x	฿94.00 Million
2011	15.79%	11.23%	1.17x	1.21x	฿59.68 Million
2012	20.83%	14.17%	1.19x	1.23x	฿127.82 Million
2013	18.84%	13.44%	1.06x	1.32x	฿113.20 Million
2014	18.95%	14.09%	1.13x	1.19x	฿125.36 Million
2015	19.33%	15.68%	1.05x	1.17x	฿143.99 Million
2016	18.85%	16.03%	1.02x	1.16x	฿148.99 Million
2017	19.18%	17.24%	0.96x	1.16x	฿169.44 Million
2018	18.99%	17.60%	0.95x	1.13x	฿183.12 Million
2019	18.90%	18.64%	0.88x	1.15x	฿198.08 Million
2020	10.48%	12.30%	0.75x	1.14x	฿10.56 Million
2021	7.17%	8.92%	0.71x	1.14x	฿-62.97 Million
2022	12.36%	13.33%	0.81x	1.14x	฿57.44 Million
2023	14.72%	15.69%	0.82x	1.14x	฿124.34 Million
2024	13.07%	14.52%	0.79x	1.13x	฿84.69 Million

Industry Comparison

This section compares Nonthavej Hospital Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

Industry: Medical Care Facilities
Average net assets among peers: $5,288,381,762
Average return on equity (ROE) among peers: 15.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nonthavej Hospital Public Company Limited (NTV)	฿2.75 Billion	7.91%	0.13x	$110.21 Million
Aikchol Hospital Public Company Limited (AHC)	$2.07 Billion	13.11%	0.19x	$64.48 Million
Bangkok Chain Hospital Public Company Limited (BCH)	$13.70 Billion	10.26%	0.29x	$722.94 Million
Bangkok Chain Hospital Public Company Limited (BCH-R)	$4.67 Billion	11.18%	1.14x	$1.03 Billion
Bangkok Dusit Medical Services Public Company Limited (BDMS)	$1.96 Billion	9.18%	1.26x	$9.06 Billion
Bumrungrad Hospital PCL (BH)	$4.87 Billion	24.48%	0.67x	$4.47 Billion
Bumrungrad Hospital Public Company Limited (BH-R)	$16.70 Billion	23.61%	0.41x	$4.61 Billion
Chularat Hospital Public Company Limited (CHG)	$4.19 Billion	20.91%	0.48x	$490.29 Million
Chularat Hospital Public Company Limited (CHG-R)	$2.97 Billion	18.13%	0.20x	$589.72 Million
Chiang Mai Ram Medical Business Public Company Limited (CMR)	$1.67 Billion	12.28%	0.76x	$163.69 Million
Dental Corporation Public Company Limited (D)	$82.57 Million	14.90%	1.80x	$30.08 Million

About Nonthavej Hospital Public Company Limited

BK:NTV Thailand Medical Care Facilities

Market Cap

$110.21 Million

฿3.54 Billion THB

Market Cap Rank

#18804 Global

#262 in Thailand

Share Price

฿22.10

Change (1 day)

+0.91%

52-Week Range

฿21.80 - ฿27.00

All Time High

฿51.27