Preecha Group Public Company Limited
Preecha Group Public Company Limited engages in the real estate business in Thailand. The company develops properties, such as detached houses, single houses, townhomes, home offices, and condominiums. It also offers offices for rent, and other related services. Preecha Group Public Company Limited was founded in 1989 and is headquartered in Bangkok, Thailand.
Preecha Group Public Company Limited (PRECHA) - Net Assets
Latest net assets as of September 2025: ฿286.74 Million THB
Based on the latest financial reports, Preecha Group Public Company Limited (PRECHA) has net assets worth ฿286.74 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿525.38 Million) and total liabilities (฿238.63 Million). 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 | ฿286.74 Million |
| % of Total Assets | 54.58% |
| Annual Growth Rate | N/A |
| 5-Year Change | -26.41% |
| 10-Year Change | -44.57% |
| Growth Volatility | 253.34 |
Preecha Group Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Preecha Group 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 Preecha Group Public Company Limited (2000–2024)
The table below shows the annual net assets of Preecha Group Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿315.21 Million | -12.74% |
| 2023-12-31 | ฿361.22 Million | -0.11% |
| 2022-12-31 | ฿361.61 Million | -6.01% |
| 2021-12-31 | ฿384.72 Million | -10.19% |
| 2020-12-31 | ฿428.35 Million | -4.10% |
| 2019-12-31 | ฿446.68 Million | -5.33% |
| 2018-12-31 | ฿471.81 Million | -5.86% |
| 2017-12-31 | ฿501.19 Million | -7.59% |
| 2016-12-31 | ฿542.36 Million | -4.62% |
| 2015-12-31 | ฿568.64 Million | -3.09% |
| 2014-12-31 | ฿586.78 Million | -4.84% |
| 2013-12-31 | ฿616.61 Million | -0.15% |
| 2012-12-31 | ฿617.51 Million | -1.25% |
| 2011-12-31 | ฿625.33 Million | +4.67% |
| 2010-12-31 | ฿597.40 Million | +0.87% |
| 2009-12-31 | ฿592.23 Million | +45.75% |
| 2008-12-31 | ฿406.34 Million | -4.21% |
| 2007-12-31 | ฿424.21 Million | -16.50% |
| 2006-12-31 | ฿508.04 Million | +0.79% |
| 2005-12-31 | ฿504.04 Million | +19.28% |
| 2004-12-31 | ฿422.58 Million | +1187.40% |
| 2003-12-31 | ฿32.82 Million | +125.65% |
| 2002-12-31 | ฿-127.96 Million | +29.00% |
| 2001-12-31 | ฿-180.21 Million | +49.64% |
| 2000-12-31 | ฿-357.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Preecha Group 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 decreased by 12282376775.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿336.00 Million | 106.59% |
| Other Comprehensive Income | ฿13.29 Million | 4.22% |
| Other Components | ฿88.75 Million | 28.16% |
| Total Equity | ฿315.21 Million | 100.00% |
Preecha Group Public Company Limited Competitors by Market Cap
The table below lists competitors of Preecha Group Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jourdan Resources Inc
PINK:JORFF
|
$2.01 Million |
|
Wawasan Dengkil Holdings Berhad
KLSE:0347
|
$2.01 Million |
|
Nagreeka Exports Limited
NSE:NAGREEKEXP
|
$2.01 Million |
|
Laxmi Cotspin Limited
NSE:LAXMICOT
|
$2.01 Million |
|
BELGRAVIA HARTFORD CAP.
F:ECA
|
$2.01 Million |
|
Enra Group Bhd
KLSE:8613
|
$2.01 Million |
|
Pacific Health Care Organization Inc
OTCQB:PFHO
|
$2.01 Million |
|
Amundi Physical Gold ETC C
AS:GOLD
|
$2.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Preecha Group Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 361,224,765 to 315,214,173, a change of -46,010,592 (-12.7%).
- Net loss of 46,010,592 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-46.01 Million | -14.6% |
| Other Changes | ฿0.29 | +0.0% |
| Total Change | ฿- | -12.74% |
Book Value vs Market Value Analysis
This analysis compares Preecha Group 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: 0.53x
- 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 increased from 0.33x to 0.53x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿1.51 | ฿0.50 | x |
| 2005-12-31 | ฿1.50 | ฿0.50 | x |
| 2006-12-31 | ฿1.51 | ฿0.50 | x |
| 2007-12-31 | ฿1.26 | ฿0.50 | x |
| 2008-12-31 | ฿1.85 | ฿0.50 | x |
| 2009-12-31 | ฿1.76 | ฿0.50 | x |
| 2010-12-31 | ฿1.78 | ฿0.50 | x |
| 2011-12-31 | ฿1.86 | ฿0.50 | x |
| 2012-12-31 | ฿1.84 | ฿0.50 | x |
| 2013-12-31 | ฿1.84 | ฿0.50 | x |
| 2014-12-31 | ฿1.75 | ฿0.50 | x |
| 2015-12-31 | ฿1.69 | ฿0.50 | x |
| 2016-12-31 | ฿1.61 | ฿0.50 | x |
| 2017-12-31 | ฿1.49 | ฿0.50 | x |
| 2018-12-31 | ฿1.40 | ฿0.50 | x |
| 2019-12-31 | ฿1.33 | ฿0.50 | x |
| 2020-12-31 | ฿1.27 | ฿0.50 | x |
| 2021-12-31 | ฿1.15 | ฿0.50 | x |
| 2022-12-31 | ฿1.08 | ฿0.50 | x |
| 2023-12-31 | ฿1.08 | ฿0.50 | x |
| 2024-12-31 | ฿0.94 | ฿0.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Preecha Group 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): -14.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -156.15%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.65x
- Recent ROE (-14.60%) is below the historical average (24.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 489.18% | 59.41% | 0.19x | 44.19x | ฿157.29 Million |
| 2004 | 79.94% | 73.01% | 0.41x | 2.69x | ฿295.54 Million |
| 2005 | 16.20% | 14.68% | 0.62x | 1.77x | ฿31.26 Million |
| 2006 | 0.79% | 1.00% | 0.48x | 1.65x | ฿-46.80 Million |
| 2007 | -19.78% | -35.76% | 0.17x | 3.18x | ฿-126.32 Million |
| 2008 | -4.37% | -3.70% | 0.32x | 3.67x | ฿-58.37 Million |
| 2009 | 31.37% | 16.64% | 1.03x | 1.83x | ฿126.57 Million |
| 2010 | 7.57% | 9.27% | 0.53x | 1.54x | ฿-14.53 Million |
| 2011 | 8.24% | 10.74% | 0.57x | 1.35x | ฿-11.02 Million |
| 2012 | 1.45% | 2.92% | 0.35x | 1.40x | ฿-52.78 Million |
| 2013 | 1.03% | 4.12% | 0.18x | 1.39x | ฿-55.33 Million |
| 2014 | -2.22% | -7.02% | 0.24x | 1.30x | ฿-71.71 Million |
| 2015 | -3.19% | -8.67% | 0.32x | 1.16x | ฿-75.01 Million |
| 2016 | -4.72% | -26.09% | 0.16x | 1.14x | ฿-79.83 Million |
| 2017 | -8.18% | -66.27% | 0.11x | 1.17x | ฿-91.13 Million |
| 2018 | -6.32% | -33.35% | 0.16x | 1.16x | ฿-76.98 Million |
| 2019 | -5.64% | -47.84% | 0.10x | 1.14x | ฿-69.85 Million |
| 2020 | -4.28% | -22.14% | 0.16x | 1.23x | ฿-61.16 Million |
| 2021 | -12.93% | -80.03% | 0.13x | 1.26x | ฿-88.21 Million |
| 2022 | -6.39% | -22.66% | 0.20x | 1.38x | ฿-59.28 Million |
| 2023 | 0.26% | 0.54% | 0.34x | 1.37x | ฿-35.20 Million |
| 2024 | -14.60% | -156.15% | 0.06x | 1.65x | ฿-77.53 Million |
Industry Comparison
This section compares Preecha Group Public Company Limited'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 |
|---|---|---|---|---|
| Preecha Group Public Company Limited (PRECHA) | ฿286.74 Million | 489.18% | 0.83x | $2.01 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 |