Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) - Net Assets
Based on the latest financial reports, Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) has net assets worth ฿4.77 Billion THB (≈ $148.69 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿6.17 Billion ≈ $192.42 Million USD) and total liabilities (฿1.40 Billion ≈ $43.72 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. Also explore Quality Houses Hotel and Residence Freeh total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿4.77 Billion |
| % of Total Assets | 77.28% |
| Annual Growth Rate | 2.2% |
| 5-Year Change | -5.43% |
| 10-Year Change | 26.04% |
| Growth Volatility | 6.16 |
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund - Net Assets Trend (2012–2024)
This chart illustrates how Quality Houses Hotel and Residence Freehold and Leasehold Property Fund's net assets have evolved over time, based on quarterly financial data. Check Quality Houses Hotel and Residence Freeh tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (2012–2024)
The table below shows the annual net assets of Quality Houses Hotel and Residence Freehold and Leasehold Property Fund from 2012 to 2024. For live valuation and market cap data, see Quality Houses Hotel and Residence Freeh (QHHR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.52 Billion ≈ $140.83 Million |
+6.25% |
| 2023-12-31 | ฿4.25 Billion ≈ $132.55 Million |
-4.08% |
| 2022-12-31 | ฿4.43 Billion ≈ $138.19 Million |
-4.02% |
| 2021-12-31 | ฿4.62 Billion ≈ $143.98 Million |
-3.32% |
| 2020-12-31 | ฿4.78 Billion ≈ $148.92 Million |
+0.06% |
| 2019-12-31 | ฿4.78 Billion ≈ $148.83 Million |
+1.91% |
| 2018-12-31 | ฿4.69 Billion ≈ $146.04 Million |
+11.27% |
| 2017-12-31 | ฿4.21 Billion ≈ $131.25 Million |
+1.88% |
| 2016-12-31 | ฿4.13 Billion ≈ $128.82 Million |
+15.29% |
| 2015-12-31 | ฿3.58 Billion ≈ $111.74 Million |
+0.05% |
| 2014-12-31 | ฿3.58 Billion ≈ $111.68 Million |
-4.13% |
| 2013-12-31 | ฿3.74 Billion ≈ $116.50 Million |
+7.44% |
| 2012-12-31 | ฿3.48 Billion ≈ $108.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Quality Houses Hotel and Residence Freehold and Leasehold Property Fund'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 314.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿493.07 Million | 10.91% |
| Other Components | ฿4.03 Billion | 89.09% |
| Total Equity | ฿4.52 Billion | 100.00% |
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund Competitors by Market Cap
The table below lists competitors of Quality Houses Hotel and Residence Freehold and Leasehold Property Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DASAN Networks Inc
KQ:039560
|
$66.51 Million |
|
d1000 Varejo Farma Participações S.A
SA:DMVF3
|
$66.53 Million |
|
DaChan Food (Asia) Limited
F:3DS
|
$66.53 Million |
|
Aplex Technology
TWO:6570
|
$66.54 Million |
|
Prakash Pipes Limited
NSE:PPL
|
$66.49 Million |
|
NFON AG
XETRA:NFN
|
$66.46 Million |
|
GAM Holding AG
SW:GAM
|
$66.44 Million |
|
Interlink Electronics Inc
NASDAQ:LINK
|
$66.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quality Houses Hotel and Residence Freehold and Leasehold Property Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,252,733,301 to 4,518,382,983, a change of 265,649,682 (6.2%).
- Other factors increased equity by 265,649,682.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿0.00 | -0.0% |
| Other Changes | ฿265.65 Million | +5.88% |
| Total Change | ฿- | 6.25% |
Book Value vs Market Value Analysis
This analysis compares Quality Houses Hotel and Residence Freehold and Leasehold Property Fund'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: 0.47x
- 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 0.61x to 0.47x 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 | ฿10.35 | ฿6.35 | x |
| 2013-12-31 | ฿11.12 | ฿6.35 | x |
| 2014-12-31 | ฿10.66 | ฿6.35 | x |
| 2015-12-31 | ฿10.67 | ฿6.35 | x |
| 2016-12-31 | ฿12.30 | ฿6.35 | x |
| 2017-12-31 | ฿12.53 | ฿6.35 | x |
| 2018-12-31 | ฿13.94 | ฿6.35 | x |
| 2019-12-31 | ฿14.21 | ฿6.35 | x |
| 2020-12-31 | ฿14.22 | ฿6.35 | x |
| 2021-12-31 | ฿13.75 | ฿6.35 | x |
| 2022-12-31 | ฿13.20 | ฿6.35 | x |
| 2023-12-31 | ฿12.66 | ฿6.35 | x |
| 2024-12-31 | ฿13.45 | ฿6.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quality Houses Hotel and Residence Freehold and Leasehold Property Fund 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): 0.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.74%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.03x
- Recent ROE (0.17%) is below the historical average (6.06%), 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 | 8.20% | 84.65% | 0.10x | 1.00x | ฿-62.57 Million |
| 2013 | 13.22% | 185.67% | 0.07x | 1.00x | ฿120.31 Million |
| 2014 | 2.63% | 33.83% | 0.08x | 1.00x | ฿-264.16 Million |
| 2015 | 6.98% | 95.23% | 0.07x | 1.00x | ฿-108.11 Million |
| 2016 | 19.60% | 308.48% | 0.06x | 1.00x | ฿396.87 Million |
| 2017 | 6.64% | 99.44% | 0.07x | 1.00x | ฿-141.38 Million |
| 2018 | 14.30% | 225.82% | 0.06x | 1.00x | ฿201.41 Million |
| 2019 | 6.12% | 96.93% | 0.06x | 1.00x | ฿-185.42 Million |
| 2020 | 2.15% | 60.99% | 0.04x | 1.01x | ฿-374.87 Million |
| 2021 | -3.43% | -172.54% | 0.02x | 1.01x | ฿-620.54 Million |
| 2022 | -3.81% | -123.05% | 0.03x | 1.01x | ฿-612.23 Million |
| 2023 | 0.17% | 2.74% | 0.06x | 1.03x | ฿-417.92 Million |
Industry Comparison
This section compares Quality Houses Hotel and Residence Freehold and Leasehold Property Fund's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quality Houses Hotel and Residence Freehold and Leasehold Property Fund (QHHR) | ฿4.77 Billion | 8.20% | 0.29x | $66.50 Million |
| CPN Commercial Growth Leasehold Property Fund (CPNCG) | $4.88 Billion | 14.82% | 0.12x | $81.12 Million |
| Centara Hotels & Resorts Leasehold Property Fund (CTARAF) | $3.16 Billion | -1.19% | 0.00x | $45.68 Million |
| Food and Drinks Public Company Limited (F&D) | $1.43 Billion | 5.64% | 0.27x | $23.35 Million |
| Future Park Leasehold Property Fund (FUTUREPF) | $5.95 Billion | -2.95% | 0.94x | $206.33 Million |
| HEMARAJ INDUSTRIAL PROPERTY AND LEASEHOLD FUND (HPF) | $4.34 Billion | -3.31% | 0.02x | $71.78 Million |
| Lighting and Equipment Public Company Limited (L&E) | $1.11 Billion | 6.70% | 1.45x | $17.64 Million |
| Land and Houses Freehold and Leasehold Property Fund (LHPF) | $3.42 Billion | 7.02% | 0.03x | $49.99 Million |
| Luxury Real Estate Investment Fund (LUXF) | $2.00 Billion | 10.62% | 0.01x | $52.06 Million |
| Sala @ Sathorn Property Fund (SSPF) | $237.27 Million | 52.88% | 7.04x | $20.72 Million |
About Quality Houses Hotel and Residence Freehold and Leasehold Property Fund
Quality Houses Hotel and Residence Freehold and Leasehold Property Fund specializes in real estate investments. The fund seeks to make house, hotel, and residence property investments.