Ornsirin Holding Public
Ornsirin Holding Public Company Limited, together with its subsidiaries, engages in the development and sale of real estate properties in Thailand. The company's property portfolio includes houses, condominiums, townhomes, and shophouses. It also involved in provision of investment and management services; and leasing of real estate properties. Ornsirin Holding Public Company Limited was incorpor… Read more
Ornsirin Holding Public (ORN) - Net Assets
Latest net assets as of June 2024: ฿2.33 Billion THB
Based on the latest financial reports, Ornsirin Holding Public (ORN) has net assets worth ฿2.33 Billion THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.41 Billion) and total liabilities (฿2.08 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 | ฿2.33 Billion |
| % of Total Assets | 52.76% |
| Annual Growth Rate | 12.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.34 |
Ornsirin Holding Public - Net Assets Trend (2022–2024)
This chart illustrates how Ornsirin Holding Public's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ornsirin Holding Public (2022–2024)
The table below shows the annual net assets of Ornsirin Holding Public from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | ฿2.39 Billion | +10.32% |
| 2023-06-30 | ฿2.17 Billion | +14.99% |
| 2022-06-30 | ฿1.89 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ornsirin Holding Public'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 103.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿2.39 Billion | 100.16% |
| Total Equity | ฿2.39 Billion | 100.00% |
Ornsirin Holding Public Competitors by Market Cap
The table below lists competitors of Ornsirin Holding Public ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEXTCHIP Co. Ltd
KQ:092600
|
$7.16 Million |
|
Red Light Holland Corp
OTCQB:TRUFF
|
$7.16 Million |
|
Geohan Corporation Berhad
KLSE:5345
|
$7.16 Million |
|
In8bio Inc
NASDAQ:INAB
|
$7.17 Million |
|
Xintela AB
ST:XINT
|
$7.16 Million |
|
Dogan Burda Dergi Yayincilik ve Pazarlama AS
IS:DOBUR
|
$7.15 Million |
|
Kantone Holdings Limited
PINK:KTHGF
|
$7.15 Million |
|
An Pha Petroleum Group JSC
VN:ASP
|
$7.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ornsirin Holding Public's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,166,387,271 to 2,390,084,309, a change of 223,697,038 (10.3%).
- Net income of 180,507,432 contributed positively to equity growth.
- Dividend payments of 552,507,277 reduced retained earnings.
- New share issuances of 595,696,883 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿180.51 Million | +7.55% |
| Dividends Paid | ฿552.51 Million | -23.12% |
| Share Issuances | ฿595.70 Million | +24.92% |
| Total Change | ฿- | 10.33% |
Book Value vs Market Value Analysis
This analysis compares Ornsirin Holding Public'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: 0.49x
- 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 0.62x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | ฿1.26 | ฿0.78 | x |
| 2023-06-30 | ฿1.44 | ฿0.78 | x |
| 2024-06-30 | ฿1.59 | ฿0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ornsirin Holding Public 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): 7.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.24%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.66x
- Recent ROE (7.55%) is below the historical average (8.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 4.03% | 11.21% | 0.23x | 1.59x | ฿-112.51 Million |
| 2023 | 12.97% | 18.31% | 0.46x | 1.54x | ฿64.28 Million |
| 2024 | 7.55% | 16.24% | 0.28x | 1.66x | ฿-58.50 Million |
Industry Comparison
This section compares Ornsirin Holding Public'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 |
|---|---|---|---|---|
| Ornsirin Holding Public (ORN) | ฿2.33 Billion | 4.03% | 0.90x | $7.16 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 |