Peace & Living PCL
Peace & Living Public Company Limited engages in the property development business in Thailand. It sells its projects under the CHER, CHERENE, CHEREA, and INNER PEACE brands. The company was incorporated in 1989 and is based in Bangkok, Thailand.
Peace & Living PCL (PEACE) - Net Assets
Latest net assets as of September 2025: ฿2.19 Billion THB
Based on the latest financial reports, Peace & Living PCL (PEACE) has net assets worth ฿2.19 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 (฿3.92 Billion) and total liabilities (฿1.73 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 | ฿2.19 Billion |
| % of Total Assets | 55.94% |
| Annual Growth Rate | 11.3% |
| 5-Year Change | 60.33% |
| 10-Year Change | N/A |
| Growth Volatility | 12.72 |
Peace & Living PCL - Net Assets Trend (2017–2024)
This chart illustrates how Peace & Living 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 Peace & Living PCL (2017–2024)
The table below shows the annual net assets of Peace & Living PCL from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.23 Billion | -0.33% |
| 2023-12-31 | ฿2.24 Billion | +1.94% |
| 2022-12-31 | ฿2.20 Billion | +40.17% |
| 2021-12-31 | ฿1.57 Billion | +12.58% |
| 2020-12-31 | ฿1.39 Billion | +10.30% |
| 2019-12-31 | ฿1.26 Billion | +3.62% |
| 2018-12-31 | ฿1.22 Billion | +15.49% |
| 2017-12-31 | ฿1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Peace & Living 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 43.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.42 Billion | 63.68% |
| Other Components | ฿811.70 Million | 36.32% |
| Total Equity | ฿2.23 Billion | 100.00% |
Peace & Living PCL Competitors by Market Cap
The table below lists competitors of Peace & Living PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alton Sports Co.Ltd
KQ:123750
|
$10.79 Million |
|
Chin Yang Chem
KO:051630
|
$10.80 Million |
|
Shinhung
KO:004080
|
$10.80 Million |
|
Quickfee Ltd
AU:QFE
|
$10.80 Million |
|
Replenish Nutrients Holding Corp.
F:7KE
|
$10.79 Million |
|
TWL Holdings Bhd
KLSE:7079
|
$10.79 Million |
|
Prince Pharmaceutical Co., Ltd.
TWO:6935
|
$10.78 Million |
|
TVI Pacific Inc
PINK:TVIPF
|
$10.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Peace & Living PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,242,298,570 to 2,234,869,030, a change of -7,429,540 (-0.3%).
- Net income of 67,570,707 contributed positively to equity growth.
- Dividend payments of 75,596,381 reduced retained earnings.
- Other comprehensive income decreased equity by 63,310,000.
- Other factors increased equity by 63,906,134.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿67.57 Million | +3.02% |
| Dividends Paid | ฿75.60 Million | -3.38% |
| Other Comprehensive Income | ฿-63.31 Million | -2.83% |
| Other Changes | ฿63.91 Million | +2.86% |
| Total Change | ฿- | -0.33% |
Book Value vs Market Value Analysis
This analysis compares Peace & Living 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: 0.39x
- 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 0.84x to 0.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ฿2.10 | ฿1.75 | x |
| 2018-12-31 | ฿2.42 | ฿1.75 | x |
| 2019-12-31 | ฿2.51 | ฿1.75 | x |
| 2020-12-31 | ฿2.77 | ฿1.75 | x |
| 2021-12-31 | ฿3.89 | ฿1.75 | x |
| 2022-12-31 | ฿4.45 | ฿1.75 | x |
| 2023-12-31 | ฿4.45 | ฿1.75 | x |
| 2024-12-31 | ฿4.43 | ฿1.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Peace & Living 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): 3.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.91%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.57x
- Recent ROE (3.02%) is below the historical average (9.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 9.68% | 16.99% | 0.54x | 1.06x | ฿-3.34 Million |
| 2018 | 8.90% | 16.19% | 0.49x | 1.13x | ฿-13.42 Million |
| 2019 | 3.50% | 10.09% | 0.21x | 1.63x | ฿-82.17 Million |
| 2020 | 9.59% | 15.46% | 0.46x | 1.35x | ฿-5.68 Million |
| 2021 | 13.71% | 18.47% | 0.66x | 1.12x | ฿58.16 Million |
| 2022 | 17.46% | 21.57% | 0.74x | 1.09x | ฿164.03 Million |
| 2023 | 7.41% | 15.77% | 0.36x | 1.32x | ฿-58.16 Million |
| 2024 | 3.02% | 7.91% | 0.24x | 1.57x | ฿-155.92 Million |
Industry Comparison
This section compares Peace & Living 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 |
|---|---|---|---|---|
| Peace & Living PCL (PEACE) | ฿2.19 Billion | 9.68% | 0.79x | $10.79 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 |