PRUKSA HOLDING (PSH-R) - Net Assets

Latest as of September 2024: ฿44.56 Billion THB ≈ $1.39 Billion USD

Based on the latest financial reports, PRUKSA HOLDING (PSH-R) has net assets worth ฿44.56 Billion THB (≈ $1.39 Billion USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿69.15 Billion ≈ $2.16 Billion USD) and total liabilities (฿24.59 Billion ≈ $766.51 Million USD). 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. Check asset resilience ratio of PRUKSA HOLDING to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿44.56 Billion
% of Total Assets	64.44%
Annual Growth Rate	7.79%
5-Year Change	4.67%
10-Year Change	54.29%
Growth Volatility	7.69

PRUKSA HOLDING - Net Assets Trend (2012–2023)

This chart illustrates how PRUKSA HOLDING's net assets have evolved over time, based on quarterly financial data. Also explore PSH-R current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for PRUKSA HOLDING (2012–2023)

The table below shows the annual net assets of PRUKSA HOLDING from 2012 to 2023. For live valuation and market cap data, see PRUKSA HOLDING stock valuation.

Year	Net Assets	Change
2023-12-31	฿45.83 Billion ≈ $1.43 Billion	+0.57%
2022-12-31	฿45.58 Billion ≈ $1.42 Billion	+3.41%
2021-12-31	฿44.07 Billion ≈ $1.37 Billion	+0.65%
2020-12-31	฿43.79 Billion ≈ $1.36 Billion	-0.01%
2019-12-31	฿43.79 Billion ≈ $1.36 Billion	+4.58%
2018-12-31	฿41.87 Billion ≈ $1.31 Billion	+8.32%
2017-12-31	฿38.66 Billion ≈ $1.20 Billion	+6.90%
2016-12-31	฿36.16 Billion ≈ $1.13 Billion	+5.69%
2015-12-31	฿34.22 Billion ≈ $1.07 Billion	+15.18%
2014-12-31	฿29.71 Billion ≈ $925.95 Million	+19.15%
2013-12-31	฿24.93 Billion ≈ $777.13 Million	+24.16%
2012-12-31	฿20.08 Billion ≈ $625.93 Million	--

Equity Component Analysis

This analysis shows how different components contribute to PRUKSA HOLDING'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 142.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Retained Earnings	฿39.97 Billion	90.59%
Common Stock	฿2.19 Billion	4.96%
Other Comprehensive Income	฿226.66 Million	0.51%
Other Components	฿1.74 Billion	3.94%
Total Equity	฿44.12 Billion	100.00%

PRUKSA HOLDING Competitors by Market Cap

The table below lists competitors of PRUKSA HOLDING ranked by their market capitalization.

Company	Market Cap
BTS Group AB (publ) ST:BTS-B	$298.93 Million
Petron Malaysia Refining Marketing KLSE:3042	$298.95 Million
United Orthopedic TWO:4129	$298.97 Million
Hyliion Holdings Corp. NYSE:HYLN	$299.16 Million
Dasheng Times Cultural Investment Co Ltd SHG:600892	$298.82 Million
Intermedia Capital Tbk JK:MDIA	$298.72 Million
Gannett Co Inc NYSE:GCI	$298.63 Million
Xinjiang Tianshan Animal Husbandry Bio-engineering Co Ltd SHE:300313	$298.59 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in PRUKSA HOLDING's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 43,970,754,665 to 44,118,840,905, a change of 148,086,240 (0.3%).
Net income of 2,205,235,396 contributed positively to equity growth.
Dividend payments of 2,100,866,911 reduced retained earnings.
Other comprehensive income increased equity by 116,502,959.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	฿2.21 Billion	+5.0%
Dividends Paid	฿2.10 Billion	-4.76%
Other Comprehensive Income	฿116.50 Million	+0.26%
Other Changes	฿-72.79 Million	-0.16%
Total Change	฿-	0.34%

Book Value vs Market Value Analysis

This analysis compares PRUKSA HOLDING'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: 0.22x
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 0.48x to 0.22x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	฿9.08	฿4.38	x
2013-12-31	฿11.41	฿4.38	x
2014-12-31	฿13.59	฿4.38	x
2015-12-31	฿15.66	฿4.38	x
2016-12-31	฿16.20	฿4.38	x
2017-12-31	฿17.34	฿4.38	x
2018-12-31	฿18.81	฿4.38	x
2019-12-31	฿19.67	฿4.38	x
2020-12-31	฿19.66	฿4.38	x
2021-12-31	฿19.79	฿4.38	x
2022-12-31	฿20.09	฿4.38	x
2023-12-31	฿20.15	฿4.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently PRUKSA HOLDING 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): 5.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.12%
• Asset Turnover: 0.35x
• Equity Multiplier: 1.55x
Recent ROE (5.00%) is below the historical average (14.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	19.41%	14.36%	0.62x	2.18x	฿1.89 Billion
2013	23.27%	14.93%	0.69x	2.25x	฿3.31 Billion
2014	22.40%	15.55%	0.70x	2.05x	฿3.68 Billion
2015	22.44%	14.99%	0.78x	1.91x	฿4.26 Billion
2016	16.77%	12.66%	0.71x	1.87x	฿2.40 Billion
2017	14.39%	12.42%	0.61x	1.91x	฿1.67 Billion
2018	14.63%	13.41%	0.55x	1.99x	฿1.91 Billion
2019	12.45%	13.44%	0.46x	2.02x	฿1.05 Billion
2020	6.44%	9.47%	0.37x	1.82x	฿-1.53 Billion
2021	5.43%	8.31%	0.39x	1.66x	฿-1.98 Billion
2022	6.30%	9.76%	0.41x	1.56x	฿-1.62 Billion
2023	5.00%	9.12%	0.35x	1.55x	฿-2.21 Billion

Industry Comparison

This section compares PRUKSA HOLDING's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

Industry: Real Estate - Development
Average net assets among peers: $12,160,492,474
Average return on equity (ROE) among peers: -0.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
PRUKSA HOLDING (PSH-R)	฿44.56 Billion	19.41%	0.55x	$298.84 Million
Areeya Property Public Company Limited (A)	$3.33 Billion	0.92%	3.29x	$147.84 Million
Amata Corporation Public Company Limited (AMATA)	$18.75 Billion	5.88%	1.14x	$738.40 Million
Amata Corporation Public Company Limited (AMATA-R)	$24.41 Billion	9.59%	0.95x	$605.77 Million
Ananda Development Public Company Limited (ANAN)	$18.47 Billion	3.81%	1.64x	$45.45 Million
AP (Thailand) Public Company Limited (AP)	$43.64 Billion	11.50%	0.95x	$843.27 Million
Baan Rock Garden Public Company Limited (BROCK)	$1.24 Billion	0.67%	0.02x	$40.57 Million
Country Group Development Public Company Limited (CGD)	$4.45 Billion	-5.66%	2.70x	$30.92 Million
Chewathai Public Company Limited (CHEWA)	$1.14 Billion	-36.18%	2.64x	$6.76 Million
Charn Issara Development Public Company Limited (CI)	$1.25 Billion	-1.42%	1.89x	$10.31 Million
Eastern Star Real Estate Public Company Limited (ESTAR)	$4.92 Billion	3.84%	0.47x	$37.57 Million

About PRUKSA HOLDING

BK:PSH-R Thailand Real Estate - Development

Market Cap

$298.84 Million

฿9.59 Billion THB

Market Cap Rank

#14977 Global

#162 in Thailand

Share Price

฿4.38

Change (1 day)

+0.92%

52-Week Range

฿3.76 - ฿12.91

All Time High

฿15.66