QTCG PUBLIC COMPANY LIMITED
QTCG Public Company Limited constructs and installs mechanical, electrical, and plumbing systems in Thailand. The company provides construction services for electrical and communications system, air conditioning and ventilating system, sanitary and plumbing system, fire protection and suppression system, and solar cell and renewable energy system, as well as operates asset management business. Th… Read more
QTCG PUBLIC COMPANY LIMITED (QTCG) - Net Assets
Latest net assets as of June 2024: ฿473.79 Million THB
Based on the latest financial reports, QTCG PUBLIC COMPANY LIMITED (QTCG) has net assets worth ฿473.79 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿875.12 Million) and total liabilities (฿401.34 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 | ฿473.79 Million |
| % of Total Assets | 54.14% |
| Annual Growth Rate | 97.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
QTCG PUBLIC COMPANY LIMITED - Net Assets Trend (2022–2023)
This chart illustrates how QTCG 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 QTCG PUBLIC COMPANY LIMITED (2022–2023)
The table below shows the annual net assets of QTCG PUBLIC COMPANY LIMITED from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿297.84 Million | +97.31% |
| 2022-12-31 | ฿150.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to QTCG 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 2202196100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿13.14 Million | 4.43% |
| Other Components | ฿283.66 Million | 95.57% |
| Total Equity | ฿296.80 Million | 100.00% |
QTCG PUBLIC COMPANY LIMITED Competitors by Market Cap
The table below lists competitors of QTCG PUBLIC COMPANY LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stelmine Canada Ltd
OTCQB:STHFF
|
$761.70K |
|
Rapid Nutrition PLC
PINK:RPNRF
|
$762.22K |
|
Totalindo Eka Persada Tbk PT
JK:TOPS
|
$762.33K |
|
DriveItAway Inc
PINK:DWAY
|
$762.37K |
|
iPower Inc
NASDAQ:IPW
|
$761.34K |
|
AGEDB Technology Ltd.
V:AGET
|
$760.60K |
|
NEDAP (NE3.SG)
STU:NE3
|
$760.46K |
|
HYPOPORT N - Dusseldorf Stock Exchang
DU:HYQ
|
$760.39K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in QTCG PUBLIC COMPANY LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 149,917,808 to 296,795,900, a change of 146,878,092 (98.0%).
- Net income of 22,021,961 contributed positively to equity growth.
- New share issuances of 121,800,000 increased equity.
- Other factors increased equity by 3,056,131.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿22.02 Million | +7.42% |
| Share Issuances | ฿121.80 Million | +41.04% |
| Other Changes | ฿3.06 Million | +1.03% |
| Total Change | ฿- | 97.97% |
Book Value vs Market Value Analysis
This analysis compares QTCG 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: 0.20x
- 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 0.40x to 0.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ฿0.25 | ฿0.10 | x |
| 2023-12-31 | ฿0.49 | ฿0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently QTCG 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): 7.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.93%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.78x
- Recent ROE (7.42%) is below the historical average (37.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 67.60% | 11.09% | 1.17x | 5.21x | ฿86.36 Million |
| 2023 | 7.42% | 2.93% | 0.91x | 2.78x | ฿-7.66 Million |
Industry Comparison
This section compares QTCG PUBLIC COMPANY LIMITED's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,635,753,561
- Average return on equity (ROE) among peers: 5.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| QTCG PUBLIC COMPANY LIMITED (QTCG) | ฿473.79 Million | 67.60% | 0.85x | $761.35K |
| AMR Asia Public Company Limited (AMR) | $885.39 Million | -12.37% | 0.82x | $2.67 Million |
| Asia Precision Public Company Limited (APCS) | $809.04 Million | -8.74% | 0.50x | $12.58 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $77.07 Million | 19.04% | 2.60x | $4.97 Million |
| Civil Engineering PCL (CIVIL) | $772.10 Million | 24.95% | 7.45x | $4.32 Million |
| CH. Karnchang PCL (CK) | $25.83 Billion | 9.66% | 2.23x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $4.32 Billion | 6.60% | 2.55x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.24 Billion | 0.31% | 1.70x | $8.20 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $356.04 Million | -4.00% | 2.34x | $1.70 Million |
| Demco Public Company Limited (DEMCO) | $1.05 Billion | 8.50% | 0.87x | $19.24 Million |
| EMC Public Company Limited (EMC) | $1.02 Billion | 9.69% | 0.99x | $3.14 Million |