Prinsiri Public Company Limited
Prinsiri Public Company Limited, together with its subsidiaries, develops and sells real estate properties in Thailand. It operates through Real Estate, Rent & Service, Sales of Goods, and Other segments. Its properties include townhomes, single houses, and condominiums. The company also provides housing estate juristic person management, contractor, amusement park, and learning center services; … Read more
Prinsiri Public Company Limited (PRIN) - Net Assets
Latest net assets as of September 2025: ฿5.43 Billion THB
Based on the latest financial reports, Prinsiri Public Company Limited (PRIN) has net assets worth ฿5.43 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 (฿12.33 Billion) and total liabilities (฿6.90 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 | ฿5.43 Billion |
| % of Total Assets | 44.02% |
| Annual Growth Rate | 10.08% |
| 5-Year Change | 16.35% |
| 10-Year Change | 38.43% |
| Growth Volatility | 18.08 |
Prinsiri Public Company Limited - Net Assets Trend (2004–2024)
This chart illustrates how Prinsiri 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 Prinsiri Public Company Limited (2004–2024)
The table below shows the annual net assets of Prinsiri Public Company Limited from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿5.39 Billion | +2.04% |
| 2023-12-31 | ฿5.28 Billion | +2.53% |
| 2022-12-31 | ฿5.15 Billion | +6.23% |
| 2021-12-31 | ฿4.85 Billion | +4.70% |
| 2020-12-31 | ฿4.63 Billion | +5.63% |
| 2019-12-31 | ฿4.39 Billion | +2.88% |
| 2018-12-31 | ฿4.26 Billion | +2.83% |
| 2017-12-31 | ฿4.15 Billion | +4.28% |
| 2016-12-31 | ฿3.98 Billion | +2.10% |
| 2015-12-31 | ฿3.89 Billion | +0.14% |
| 2014-12-31 | ฿3.89 Billion | +1.32% |
| 2013-12-31 | ฿3.84 Billion | +2.22% |
| 2012-12-31 | ฿3.76 Billion | +8.79% |
| 2011-12-31 | ฿3.45 Billion | +2.08% |
| 2010-12-31 | ฿3.38 Billion | +12.43% |
| 2009-12-31 | ฿3.01 Billion | +18.96% |
| 2008-12-31 | ฿2.53 Billion | +13.49% |
| 2007-12-31 | ฿2.23 Billion | +23.33% |
| 2006-12-31 | ฿1.81 Billion | +24.65% |
| 2005-12-31 | ฿1.45 Billion | +83.47% |
| 2004-12-31 | ฿789.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prinsiri 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 1229.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿3.61 Billion | 67.01% |
| Common Stock | ฿1.22 Billion | 22.63% |
| Other Comprehensive Income | ฿127.60 Million | 2.37% |
| Other Components | ฿430.98 Million | 7.99% |
| Total Equity | ฿5.39 Billion | 100.00% |
Prinsiri Public Company Limited Competitors by Market Cap
The table below lists competitors of Prinsiri Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Post and Telecommunications Investment and Construction JSC
VN:PTC
|
$8.22 Million |
|
Korea Mcnulty Co Ltd
KQ:222980
|
$8.23 Million |
|
PESTECH International Bhd
KLSE:5219
|
$8.23 Million |
|
Suraj Limited
NSE:SURAJLTD
|
$8.23 Million |
|
Surana Telecom and Power Limited
NSE:SURANAT&P
|
$8.22 Million |
|
DAP Corporation
KQ:066900
|
$8.21 Million |
|
Rodrigo Tekstil Sanayi ve Ticaret AS
IS:RODRG
|
$8.20 Million |
|
Green World Hotels Co., Ltd.
TWO:8077
|
$8.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prinsiri Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,284,157,773 to 5,391,824,901, a change of 107,667,128 (2.0%).
- Net income of 110,700,034 contributed positively to equity growth.
- Other comprehensive income increased equity by 17,447,121.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿110.70 Million | +2.05% |
| Other Comprehensive Income | ฿17.45 Million | +0.32% |
| Other Changes | ฿-20.48 Million | -0.38% |
| Total Change | ฿- | 2.04% |
Book Value vs Market Value Analysis
This analysis compares Prinsiri 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: 0.24x
- 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 1.01x to 0.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿1.41 | ฿1.42 | x |
| 2005-12-31 | ฿2.43 | ฿1.42 | x |
| 2006-12-31 | ฿2.41 | ฿1.42 | x |
| 2007-12-31 | ฿2.21 | ฿1.42 | x |
| 2008-12-31 | ฿2.22 | ฿1.42 | x |
| 2009-12-31 | ฿2.93 | ฿1.42 | x |
| 2010-12-31 | ฿2.78 | ฿1.42 | x |
| 2011-12-31 | ฿2.83 | ฿1.42 | x |
| 2012-12-31 | ฿3.09 | ฿1.42 | x |
| 2013-12-31 | ฿3.15 | ฿1.42 | x |
| 2014-12-31 | ฿3.19 | ฿1.42 | x |
| 2015-12-31 | ฿3.19 | ฿1.42 | x |
| 2016-12-31 | ฿3.26 | ฿1.42 | x |
| 2017-12-31 | ฿3.40 | ฿1.42 | x |
| 2018-12-31 | ฿3.50 | ฿1.42 | x |
| 2019-12-31 | ฿3.60 | ฿1.42 | x |
| 2020-12-31 | ฿3.80 | ฿1.42 | x |
| 2021-12-31 | ฿3.98 | ฿1.42 | x |
| 2022-12-31 | ฿4.22 | ฿1.42 | x |
| 2023-12-31 | ฿4.33 | ฿1.42 | x |
| 2024-12-31 | ฿5.83 | ฿1.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prinsiri 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): 2.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.47%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.30x
- Recent ROE (2.05%) is below the historical average (9.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.32% | 12.39% | 0.70x | 2.69x | ฿105.21 Million |
| 2005 | 21.06% | 13.11% | 0.73x | 2.21x | ฿160.04 Million |
| 2006 | 25.24% | 15.13% | 0.67x | 2.48x | ฿270.37 Million |
| 2007 | 3.59% | 2.99% | 0.45x | 2.69x | ฿-139.43 Million |
| 2008 | 13.46% | 7.65% | 0.61x | 2.90x | ฿85.11 Million |
| 2009 | 16.44% | 9.88% | 0.84x | 1.98x | ฿189.56 Million |
| 2010 | 16.93% | 12.87% | 0.80x | 1.65x | ฿234.35 Million |
| 2011 | 5.88% | 9.07% | 0.32x | 2.04x | ฿-142.14 Million |
| 2012 | 9.43% | 12.64% | 0.39x | 1.92x | ฿-21.30 Million |
| 2013 | 5.00% | 7.81% | 0.27x | 2.36x | ฿-192.08 Million |
| 2014 | 1.92% | 3.03% | 0.24x | 2.68x | ฿-314.46 Million |
| 2015 | 1.70% | 2.52% | 0.27x | 2.53x | ฿-323.09 Million |
| 2016 | 5.43% | 7.15% | 0.33x | 2.27x | ฿-181.76 Million |
| 2017 | 7.64% | 10.05% | 0.37x | 2.03x | ฿-97.66 Million |
| 2018 | 5.61% | 9.62% | 0.30x | 1.98x | ฿-187.09 Million |
| 2019 | 2.74% | 6.70% | 0.19x | 2.16x | ฿-318.58 Million |
| 2020 | 6.52% | 12.65% | 0.26x | 1.99x | ฿-161.16 Million |
| 2021 | 5.02% | 10.69% | 0.20x | 2.33x | ฿-241.54 Million |
| 2022 | 7.60% | 15.67% | 0.22x | 2.25x | ฿-123.80 Million |
| 2023 | 4.83% | 11.36% | 0.18x | 2.33x | ฿-273.22 Million |
| 2024 | 2.05% | 5.47% | 0.16x | 2.30x | ฿-428.48 Million |
Industry Comparison
This section compares Prinsiri 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: $6,150,959,320
- Average return on equity (ROE) among peers: -26.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prinsiri Public Company Limited (PRIN) | ฿5.43 Billion | 23.32% | 1.27x | $8.22 Million |
| Areeya Property Public Company Limited (A) | $2.86 Billion | 0.48% | 2.15x | $24.02 Million |
| Asset Five Group PCL (A5) | $267.50 Million | -17.84% | 0.22x | $20.32 Million |
| AKS Corporation Public Company Limited (AKS) | $2.59 Billion | -19.10% | 1.30x | $2.35 Million |
| Alpha Divisions PCL (ALPHAX) | $244.37 Million | 9.00% | 0.63x | $53.13 Million |
| Amata Corporation Public Company Limited (AMATA) | $13.50 Billion | 9.01% | 0.89x | $447.93 Million |
| Ananda Development Public Company Limited (ANAN) | $17.99 Billion | 13.45% | 1.31x | $18.96 Million |
| AP (Thailand) Public Company Limited (AP) | $17.65 Billion | 14.86% | 1.05x | $600.37 Million |
| Arinsiri Land Public Company Limited (ARIN) | $4.01 Million | -284.67% | 197.12x | $5.12 Million |
| Bless Asset Group PCL (BLESS) | $1.16 Billion | 3.67% | 0.86x | $1.59 Million |
| Britania PCL (BRI) | $5.24 Billion | 8.14% | 2.55x | $8.35 Million |