Origin Property PCL

BK:ORI Thailand Real Estate - Development
Market Cap
$130.93 Million
฿4.54 Billion THB
Market Cap Rank
#22087 Global
#261 in Thailand
Share Price
฿1.85
Change (1 day)
+0.00%
52-Week Range
฿1.53 - ฿3.08
All Time High
฿11.42
Categories
Companies in Thailand Real Estate - Development
About

Origin Property Public Company Limited, together with its subsidiaries, engages in property development in Thailand. It sells land and house, and residential condominium units. The company also offers services relating to real estate; and invests in other companies. In addition, it provides project consultant, marketing research, construction management, and sales and marketing management service… Read more

Origin Property PCL (ORI) - Net Assets

Latest net assets as of September 2025: ฿21.93 Billion THB

Based on the latest financial reports, Origin Property PCL (ORI) has net assets worth ฿21.93 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 (฿64.72 Billion) and total liabilities (฿42.79 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 ฿21.93 Billion
% of Total Assets 33.88%
Annual Growth Rate 46.79%
5-Year Change 77.24%
10-Year Change 1117.23%
Growth Volatility 136.34

Origin Property PCL - Net Assets Trend (2012–2024)

This chart illustrates how Origin Property PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Origin Property PCL (2012–2024)

The table below shows the annual net assets of Origin Property PCL from 2012 to 2024.

Year Net Assets Change
2024-12-31 ฿21.28 Billion +0.87%
2023-12-31 ฿21.10 Billion +5.84%
2022-12-31 ฿19.93 Billion +25.05%
2021-12-31 ฿15.94 Billion +32.74%
2020-12-31 ฿12.01 Billion +9.82%
2019-12-31 ฿10.93 Billion +24.23%
2018-12-31 ฿8.80 Billion +37.25%
2017-12-31 ฿6.41 Billion +133.73%
2016-12-31 ฿2.74 Billion +56.91%
2015-12-31 ฿1.75 Billion +509.83%
2014-12-31 ฿286.71 Million -4.69%
2013-12-31 ฿300.81 Million +41.45%
2012-12-31 ฿212.65 Million --

Equity Component Analysis

This analysis shows how different components contribute to Origin Property PCL'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 121212.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿13.15 Billion 68.00%
Common Stock ฿1.23 Billion 6.35%
Other Comprehensive Income ฿154.58 Million 0.80%
Other Components ฿4.80 Billion 24.85%
Total Equity ฿19.33 Billion 100.00%

Origin Property PCL Competitors by Market Cap

The table below lists competitors of Origin Property PCL ranked by their market capitalization.

Company Market Cap
Ind-Swift Laboratories Limited
NSE:INDSWFTLAB
 		$41.73 Million
Turnkey Communication Services PCL
BK:TKC
 		$41.73 Million
SYGNITY S.A. ZY 1
F:CPN
 		$41.74 Million
MNC Vision Networks PT
JK:IPTV
 		$41.76 Million
RLAIF
OTCQB:RLAIF
 		$41.73 Million
Propdo Ltd
TA:PRPD
 		$41.73 Million
Diamond Building Products Public Company Limited
BK:DRT
 		$41.69 Million
Southland Holdings Inc.
NASDAQ:SLND
 		$41.68 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Origin Property PCL's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,051,012,687 to 19,331,830,405, a change of 280,817,718 (1.5%).
  • Net income of 1,051,790,212 contributed positively to equity growth.
  • Dividend payments of 787,772,128 reduced retained earnings.
  • Other comprehensive income decreased equity by 76,923,364.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿1.05 Billion +5.44%
Dividends Paid ฿787.77 Million -4.08%
Other Comprehensive Income ฿-76.92 Million -0.4%
Other Changes ฿93.72 Million +0.48%
Total Change ฿- 1.47%

Book Value vs Market Value Analysis

This analysis compares Origin Property PCL'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: 0.23x
  • 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 8.06x to 0.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 ฿0.23 ฿1.85 x
2013-12-31 ฿0.18 ฿1.85 x
2014-12-31 ฿0.16 ฿1.85 x
2015-12-31 ฿0.60 ฿1.85 x
2016-12-31 ฿0.63 ฿1.85 x
2017-12-31 ฿2.12 ฿1.85 x
2018-12-31 ฿3.04 ฿1.85 x
2019-12-31 ฿3.94 ฿1.85 x
2020-12-31 ฿4.64 ฿1.85 x
2021-12-31 ฿6.09 ฿1.85 x
2022-12-31 ฿7.39 ฿1.85 x
2023-12-31 ฿7.76 ฿1.85 x
2024-12-31 ฿7.88 ฿1.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Origin Property PCL 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): 5.44%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.88%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 3.35x
  • Recent ROE (5.44%) is below the historical average (23.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 13.58% 14.88% 0.42x 2.18x ฿7.55 Million
2013 21.33% 15.32% 0.41x 3.36x ฿34.07 Million
2014 24.52% 12.78% 0.29x 6.66x ฿41.63 Million
2015 22.10% 19.22% 0.60x 1.91x ฿211.51 Million
2016 29.07% 20.22% 0.47x 3.08x ฿418.21 Million
2017 39.45% 23.06% 0.38x 4.48x ฿1.51 Billion
2018 44.88% 21.19% 0.58x 3.66x ฿2.59 Billion
2019 31.35% 22.94% 0.41x 3.32x ฿2.06 Billion
2020 23.40% 25.39% 0.31x 2.96x ฿1.52 Billion
2021 21.38% 21.95% 0.41x 2.37x ฿1.70 Billion
2022 20.82% 26.22% 0.30x 2.65x ฿1.96 Billion
2023 14.27% 19.60% 0.21x 3.42x ฿813.13 Million
2024 5.44% 9.88% 0.16x 3.35x ฿-881.39 Million

Industry Comparison

This section compares Origin Property PCL's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $5,782,610,297
  • Average return on equity (ROE) among peers: 8.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Origin Property PCL (ORI) ฿21.93 Billion 13.58% 1.95x $41.73 Million
Areeya Property Public Company Limited (A) $3.11 Billion -11.12% 3.14x $24.02 Million
Asset Five Group PCL (A5) $1.40 Billion 36.13% 1.44x $20.21 Million
AKS Corporation Public Company Limited (AKS) $2.92 Billion 4.40% 1.17x $2.35 Million
Alpha Divisions PCL (ALPHAX) $187.30 Million 8.66% 0.63x $54.26 Million
Amata Corporation Public Company Limited (AMATA-R) $14.97 Billion 9.41% 0.96x $384.26 Million
Ananda Development Public Company Limited (ANAN) $4.92 Billion -5.84% 0.90x $18.46 Million
AP (Thailand) Public Company Limited (AP-R) $24.38 Billion 15.86% 1.02x $605.57 Million
Arinsiri Land Public Company Limited (ARIN) $9.74 Million -2.64% 28.78x $5.22 Million
Bless Asset Group PCL (BLESS) $582.78 Million 10.14% 1.76x $1.59 Million
Britania PCL (BRI) $5.35 Billion 22.34% 2.72x $8.35 Million