Plan B Media Public Company Limited
Plan B Media Public Company Limited, together with its subsidiaries, provides advertising media production services in Thailand. The company operates in two segments, Out-of-Home Media and Engagement Marketing. The Out-of-Home Media segment offers advertising media production, advertising space, and airtime rental services. The Engagement Marketing segment provides sports marketing and artist man… Read more
Plan B Media Public Company Limited (PLANB-R) - Net Assets
Latest net assets as of June 2025: ฿10.16 Billion THB
Based on the latest financial reports, Plan B Media Public Company Limited (PLANB-R) has net assets worth ฿10.16 Billion THB as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿17.60 Billion) and total liabilities (฿7.44 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 | ฿10.16 Billion |
| % of Total Assets | 57.75% |
| Annual Growth Rate | 15.36% |
| 5-Year Change | 76.19% |
| 10-Year Change | N/A |
| Growth Volatility | 20.19 |
Plan B Media Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Plan B Media Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Plan B Media Public Company Limited (2016–2024)
The table below shows the annual net assets of Plan B Media Public Company Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿9.96 Billion | +11.32% |
| 2023-12-31 | ฿8.95 Billion | +8.83% |
| 2022-12-31 | ฿8.22 Billion | +11.73% |
| 2021-12-31 | ฿7.36 Billion | +30.16% |
| 2020-12-31 | ฿5.65 Billion | -17.93% |
| 2019-12-31 | ฿6.89 Billion | +58.58% |
| 2018-12-31 | ฿4.34 Billion | +19.42% |
| 2017-12-31 | ฿3.64 Billion | +14.55% |
| 2016-12-31 | ฿3.18 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plan B Media 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 391.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.61 Billion | 26.88% |
| Other Components | ฿7.11 Billion | 73.12% |
| Total Equity | ฿9.72 Billion | 100.00% |
Plan B Media Public Company Limited Competitors by Market Cap
The table below lists competitors of Plan B Media Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eupraxia Pharmaceuticals Inc. Common Stock
NASDAQ:EPRX
|
$282.93 Million |
|
Wemade Co.Ltd
KQ:112040
|
$282.96 Million |
|
Five Point Holdings LLC
NYSE:FPH
|
$282.96 Million |
|
Cre8 Direct Ningbo Co Ltd
SHE:300703
|
$282.96 Million |
|
Value Partners Group Ltd
PINK:VPGLF
|
$282.55 Million |
|
Siglent Technologies Co Ltd
SHG:688112
|
$282.51 Million |
|
SELECT HARVEST
F:H0I
|
$282.46 Million |
|
Bumitama Agri Ltd
F:2BU
|
$282.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plan B Media Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,671,714,905 to 9,722,540,186, a change of 1,050,825,281 (12.1%).
- Net income of 1,050,380,486 contributed positively to equity growth.
- Dividend payments of 821,009,888 reduced retained earnings.
- Other factors increased equity by 821,454,683.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.05 Billion | +10.8% |
| Dividends Paid | ฿821.01 Million | -8.44% |
| Other Changes | ฿821.45 Million | +8.45% |
| Total Change | ฿- | 12.12% |
Book Value vs Market Value Analysis
This analysis compares Plan B Media 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: 2.20x
- 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 4.92x to 2.20x 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 | ฿1.01 | ฿4.98 | x |
| 2018-12-31 | ฿1.15 | ฿4.98 | x |
| 2019-12-31 | ฿1.64 | ฿4.98 | x |
| 2020-12-31 | ฿1.36 | ฿4.98 | x |
| 2021-12-31 | ฿1.68 | ฿4.98 | x |
| 2022-12-31 | ฿1.85 | ฿4.98 | x |
| 2023-12-31 | ฿2.02 | ฿4.98 | x |
| 2024-12-31 | ฿2.27 | ฿4.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plan B Media 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): 10.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.50%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.72x
- Recent ROE (10.80%) is above the historical average (9.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.22% | 14.52% | 0.66x | 1.17x | ฿38.10 Million |
| 2017 | 12.89% | 15.45% | 0.71x | 1.18x | ฿103.35 Million |
| 2018 | 15.85% | 16.02% | 0.70x | 1.41x | ฿237.15 Million |
| 2019 | 11.66% | 15.29% | 0.61x | 1.25x | ฿105.66 Million |
| 2020 | 2.66% | 3.77% | 0.30x | 2.32x | ฿-387.78 Million |
| 2021 | 0.91% | 1.44% | 0.32x | 1.95x | ฿-641.24 Million |
| 2022 | 8.88% | 10.67% | 0.43x | 1.94x | ฿-89.01 Million |
| 2023 | 10.51% | 10.89% | 0.51x | 1.87x | ฿44.08 Million |
| 2024 | 10.80% | 11.50% | 0.55x | 1.72x | ฿78.13 Million |
Industry Comparison
This section compares Plan B Media Public Company Limited's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $1,699,831,647
- Average return on equity (ROE) among peers: 19.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Plan B Media Public Company Limited (PLANB-R) | ฿10.16 Billion | 11.22% | 0.73x | $282.66 Million |
| AddTech Hub Public Company Limited (ADD) | $25.41 Million | 103.83% | 1.76x | $7.07 Million |
| Aqua Corporation Public Company Limited (AQUA) | $846.18 Million | 3.69% | 0.23x | $10.21 Million |
| CMO Public Company Limited (CMO) | $500.06 Million | 10.58% | 1.31x | $4.46 Million |
| Far East Fame Line DDB Public Company Limited (FE) | $1.42 Billion | 5.35% | 0.25x | $9.47 Million |
| Grand Prix International Public Company Limited (GPI) | $783.43 Million | 16.79% | 0.28x | $11.33 Million |
| LTMH Public Company Limited (LTMH) | $80.09 Million | 38.93% | 0.63x | $1.27K |
| MCA_MARKET CONNECTIONS ASIA (MCA) | $85.03 Million | 3.22% | 0.63x | $2.32 Million |
| M Vision Public Company Limited (MVP) | $229.29 Million | 2.43% | 0.76x | $747.17K |
| Pico (Thailand) Public Company Limited (PICO) | $437.36 Million | 4.50% | 0.95x | $5.95 Million |
| Plan B Media PCL (PLANB) | $12.59 Billion | 8.78% | 0.55x | $245.64 Million |