Nirvana Daii Public Company Limited (NVD) - Net Assets

Latest as of December 2025: ฿5.64 Billion THB ≈ $175.65 Million USD

Based on the latest financial reports, Nirvana Daii Public Company Limited (NVD) has net assets worth ฿5.64 Billion THB (≈ $175.65 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 (฿15.04 Billion ≈ $468.94 Million USD) and total liabilities (฿9.41 Billion ≈ $293.29 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 Nirvana Daii Public Company Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿5.64 Billion
% of Total Assets	37.46%
Annual Growth Rate	37.43%
5-Year Change	8.74%
10-Year Change	2290.18%
Growth Volatility	521.62

Nirvana Daii Public Company Limited - Net Assets Trend (2013–2025)

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

Annual Net Assets for Nirvana Daii Public Company Limited (2013–2025)

The table below shows the annual net assets of Nirvana Daii Public Company Limited from 2013 to 2025. For live valuation and market cap data, see NVD stock market capitalisation.

Year	Net Assets	Change
2025-12-31	฿5.64 Billion ≈ $175.65 Million	+10.76%
2024-12-31	฿5.09 Billion ≈ $158.58 Million	+0.91%
2023-12-31	฿5.04 Billion ≈ $157.15 Million	-6.56%
2022-12-31	฿5.40 Billion ≈ $168.18 Million	+4.11%
2021-12-31	฿5.18 Billion ≈ $161.54 Million	+9.45%
2020-12-31	฿4.74 Billion ≈ $147.59 Million	-1.03%
2019-12-31	฿4.78 Billion ≈ $149.12 Million	-0.19%
2018-12-31	฿4.79 Billion ≈ $149.41 Million	+1.90%
2017-12-31	฿4.70 Billion ≈ $146.62 Million	+1895.22%
2016-12-31	฿235.77 Million ≈ $7.35 Million	-9.07%
2015-12-31	฿259.28 Million ≈ $8.08 Million	+83.53%
2014-12-31	฿141.27 Million ≈ $4.40 Million	+13.80%
2013-12-31	฿124.14 Million ≈ $3.87 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Nirvana Daii 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 132912.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿888.52 Million	15.77%
Other Components	฿4.75 Billion	84.23%
Total Equity	฿5.64 Billion	100.00%

Nirvana Daii Public Company Limited Competitors by Market Cap

The table below lists competitors of Nirvana Daii Public Company Limited ranked by their market capitalization.

Company	Market Cap
3I Infrastructure PLC LSE:3IN	$42.14 Million
374Water Inc. Common Stock NASDAQ:SCWO	$42.14 Million
Lotte Chilsung Beverage Co Ltd KO:005305	$42.19 Million
Qleanair Holding AB ST:QAIR	$42.22 Million
SMS Lifesciences India Limited NSE:SMSLIFE	$42.13 Million
Exel Composites Oyj HE:EXL1V	$42.12 Million
Osangjaiel Co. Ltd KQ:053980	$42.11 Million
Ta Jiang Co Ltd TW:1453	$42.10 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,087,716,913 to 5,635,206,491, a change of 547,489,578 (10.8%).
Net income of 155,874,000 contributed positively to equity growth.
New share issuances of 388,343,804 increased equity.
Other comprehensive income decreased equity by 68,486,469.
Other factors increased equity by 71,758,243.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿155.87 Million	+2.77%
Share Issuances	฿388.34 Million	+6.89%
Other Comprehensive Income	฿-68.49 Million	-1.22%
Other Changes	฿71.76 Million	+1.27%
Total Change	฿-	10.76%

Book Value vs Market Value Analysis

This analysis compares Nirvana Daii 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: 0.24x
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.
The price-to-book ratio has decreased from 0.73x to 0.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	฿1.00	฿0.73	x
2015-12-31	฿2.03	฿0.73	x
2016-12-31	฿0.20	฿0.73	x
2017-12-31	฿3.23	฿0.73	x
2018-12-31	฿3.00	฿0.73	x
2019-12-31	฿2.95	฿0.73	x
2020-12-31	฿2.87	฿0.73	x
2021-12-31	฿3.14	฿0.73	x
2022-12-31	฿3.26	฿0.73	x
2023-12-31	฿3.25	฿0.73	x
2024-12-31	฿3.28	฿0.73	x
2025-12-31	฿3.04	฿0.73	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nirvana Daii 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): 2.77%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.75%
• Asset Turnover: 0.11x
• Equity Multiplier: 2.67x
Recent ROE (2.77%) is below the historical average (3.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	12.42%	4.90%	1.43x	1.77x	฿3.41 Million
2015	5.01%	3.29%	1.14x	1.34x	฿-12.93 Million
2016	-6.61%	-4.65%	1.03x	1.38x	฿-39.17 Million
2017	4.83%	8.74%	0.26x	2.11x	฿-238.84 Million
2018	5.93%	9.37%	0.24x	2.67x	฿-189.66 Million
2019	2.17%	3.67%	0.21x	2.81x	฿-359.06 Million
2020	0.48%	0.87%	0.20x	2.83x	฿-424.79 Million
2021	8.37%	13.51%	0.24x	2.58x	฿-79.57 Million
2022	3.97%	7.82%	0.19x	2.67x	฿-305.52 Million
2023	3.99%	9.95%	0.14x	2.92x	฿-303.09 Million
2024	1.70%	6.03%	0.10x	2.95x	฿-422.50 Million
2025	2.77%	9.75%	0.11x	2.67x	฿-407.65 Million

Industry Comparison

This section compares Nirvana Daii Public Company Limited's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

Industry: Real Estate Services
Average net assets among peers: $14,014,049,687
Average return on equity (ROE) among peers: 5.71%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nirvana Daii Public Company Limited (NVD)	฿5.64 Billion	12.42%	1.67x	$42.14 Million
Amata VN PCL (AMATAV)	$3.18 Billion	1.57%	0.69x	$64.45 Million
Bangkok Land Public Company Limited (BLAND)	$47.83 Billion	4.38%	0.15x	$232.57 Million
Grand Canal Land Public Company Limited (GLAND)	$16.74 Billion	2.50%	0.80x	$149.92 Million
JAS Asset PCL (J)	$725.50 Million	0.78%	2.12x	$27.32 Million
Krungdhep Sophon Public Company Limited (KWC)	$798.43 Million	12.22%	0.13x	$49.56 Million
The Platinum Group Public Company Limited (PLAT)	$8.73 Billion	8.84%	0.20x	$92.51 Million
Sammakorn Public Company Limited (SAMCO)	$2.46 Billion	3.33%	0.85x	$13.20 Million
Saha Pathana Inter-Holding PCL (SPI)	$12.57 Billion	7.99%	0.10x	$1.26 Billion
WHA Corporation Public Company Limited (WHA)	$33.10 Billion	9.76%	1.49x	$2.09 Billion

About Nirvana Daii Public Company Limited

BK:NVD Thailand Real Estate Services

Market Cap

$42.14 Million

฿1.35 Billion THB

Market Cap Rank

#22513 Global

#389 in Thailand

Share Price

฿0.73

Change (1 day)

+4.29%

52-Week Range

฿0.70 - ฿1.19

All Time High

฿4.58