Rabbit Holdings PCL
Rabbit Holdings Public Company Limited, together with its subsidiaries, engages in real estate development and financial service business in Thailand and internationally. It operates through its Financial Services and Real Estate segments. The Real Estate segment engages in the hotel business, rental properties, residential properties, and other property segments. The Financial Services segment e… Read more
Rabbit Holdings PCL (RABBIT) - Net Assets
Latest net assets as of September 2025: ฿31.80 Billion THB
Based on the latest financial reports, Rabbit Holdings PCL (RABBIT) has net assets worth ฿31.80 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 (฿63.15 Billion) and total liabilities (฿31.34 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 | ฿31.80 Billion |
| % of Total Assets | 50.36% |
| Annual Growth Rate | 6.39% |
| 5-Year Change | 32.37% |
| 10-Year Change | 63.57% |
| Growth Volatility | 139.1 |
Rabbit Holdings PCL - Net Assets Trend (2003–2024)
This chart illustrates how Rabbit Holdings PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rabbit Holdings PCL (2003–2024)
The table below shows the annual net assets of Rabbit Holdings PCL from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿31.79 Billion | -5.47% |
| 2023-12-31 | ฿33.63 Billion | -18.00% |
| 2022-12-31 | ฿41.01 Billion | -0.52% |
| 2021-12-31 | ฿41.23 Billion | +71.66% |
| 2020-12-31 | ฿24.02 Billion | -21.36% |
| 2019-12-31 | ฿30.54 Billion | +4.77% |
| 2018-12-31 | ฿29.15 Billion | +63.81% |
| 2017-12-31 | ฿17.80 Billion | -5.66% |
| 2016-12-31 | ฿18.86 Billion | -2.96% |
| 2015-12-31 | ฿19.44 Billion | +90.67% |
| 2014-12-31 | ฿10.19 Billion | +126.49% |
| 2013-12-31 | ฿4.50 Billion | +388.29% |
| 2012-12-31 | ฿921.77 Million | +196.61% |
| 2011-12-31 | ฿310.77 Million | -52.47% |
| 2010-12-31 | ฿653.77 Million | +464.34% |
| 2009-12-31 | ฿115.85 Million | +145.07% |
| 2008-12-31 | ฿47.27 Million | -96.45% |
| 2007-12-31 | ฿1.33 Billion | -77.06% |
| 2006-12-31 | ฿5.80 Billion | -19.76% |
| 2005-12-31 | ฿7.23 Billion | -8.15% |
| 2004-12-31 | ฿7.87 Billion | -9.09% |
| 2003-12-31 | ฿8.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rabbit Holdings PCL'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 931112419900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿40.81 Billion | 131.28% |
| Total Equity | ฿31.09 Billion | 100.00% |
Rabbit Holdings PCL Competitors by Market Cap
The table below lists competitors of Rabbit Holdings PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Casino Guichard Perrachon SA
PA:CO
|
$29.30 Million |
|
Imugene Ltd
AU:IMU
|
$29.30 Million |
|
Simula Technology
TWO:3511
|
$29.30 Million |
|
Novem Group S.A.
F:NVM
|
$29.31 Million |
|
Al-Salam Real Estate Investment Trust
KLSE:5269
|
$29.29 Million |
|
PTL LTD Ordinary Shares
NASDAQ:PTLE
|
$29.29 Million |
|
Paragon Financial Solutions Inc
PINK:PGNN
|
$29.29 Million |
|
Lottery.com, Inc. Common Stock
NASDAQ:LTRY
|
$29.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rabbit Holdings PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,795,525,117 to 31,088,222,644, a change of -1,707,302,473 (-5.2%).
- Net loss of 903,608,766 reduced equity.
- Other comprehensive income decreased equity by 136,022,881.
- Other factors decreased equity by 667,670,826.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-903.61 Million | -2.91% |
| Other Comprehensive Income | ฿-136.02 Million | -0.44% |
| Other Changes | ฿-667.67 Million | -2.15% |
| Total Change | ฿- | -5.21% |
Book Value vs Market Value Analysis
This analysis compares Rabbit Holdings PCL'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: 0.08x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ฿35.71 | ฿0.32 | x |
| 2004-12-31 | ฿31.36 | ฿0.32 | x |
| 2005-12-31 | ฿27.10 | ฿0.32 | x |
| 2006-12-31 | ฿20.63 | ฿0.32 | x |
| 2007-12-31 | ฿6.19 | ฿0.32 | x |
| 2008-12-31 | ฿0.15 | ฿0.32 | x |
| 2009-12-31 | ฿0.11 | ฿0.32 | x |
| 2010-12-31 | ฿0.52 | ฿0.32 | x |
| 2011-12-31 | ฿0.26 | ฿0.32 | x |
| 2012-12-31 | ฿0.73 | ฿0.32 | x |
| 2013-12-31 | ฿2.42 | ฿0.32 | x |
| 2014-12-31 | ฿4.82 | ฿0.32 | x |
| 2015-12-31 | ฿3.87 | ฿0.32 | x |
| 2016-12-31 | ฿3.36 | ฿0.32 | x |
| 2017-12-31 | ฿3.15 | ฿0.32 | x |
| 2018-12-31 | ฿5.17 | ฿0.32 | x |
| 2019-12-31 | ฿5.42 | ฿0.32 | x |
| 2020-12-31 | ฿4.26 | ฿0.32 | x |
| 2021-12-31 | ฿7.26 | ฿0.32 | x |
| 2022-12-31 | ฿7.21 | ฿0.32 | x |
| 2023-12-31 | ฿5.00 | ฿0.32 | x |
| 2024-12-31 | ฿4.15 | ฿0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rabbit Holdings PCL 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): -2.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.31%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.00x
- Recent ROE (-2.91%) is above the historical average (-207.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 4.60% | 42.43% | 0.06x | 1.91x | ฿-414.32 Million |
| 2004 | -8.70% | -24.60% | 0.14x | 2.55x | ฿-1.26 Billion |
| 2005 | -11.51% | -24.32% | 0.20x | 2.34x | ฿-1.25 Billion |
| 2006 | -23.72% | -107.92% | 0.09x | 2.54x | ฿-1.49 Billion |
| 2007 | -255.60% | -351.00% | 0.23x | 3.11x | ฿-3.53 Billion |
| 2008 | -3840.92% | -592.97% | 0.09x | 71.57x | ฿-1.80 Billion |
| 2009 | -416.05% | -331.63% | 0.04x | 29.33x | ฿-507.75 Million |
| 2010 | 36.65% | 265.17% | 0.03x | 4.60x | ฿174.22 Million |
| 2011 | -34.86% | -179.50% | 0.03x | 6.66x | ฿-139.38 Million |
| 2012 | 40.87% | 488.72% | 0.05x | 1.85x | ฿284.39 Million |
| 2013 | 6.58% | 158.25% | 0.03x | 1.26x | ฿-153.97 Million |
| 2014 | -6.18% | -168.39% | 0.03x | 1.25x | ฿-1.65 Billion |
| 2015 | -1.42% | -28.69% | 0.04x | 1.13x | ฿-2.22 Billion |
| 2016 | -1.67% | -28.88% | 0.04x | 1.34x | ฿-2.20 Billion |
| 2017 | -5.94% | -26.04% | 0.10x | 2.27x | ฿-2.82 Billion |
| 2018 | -2.17% | -9.85% | 0.12x | 1.86x | ฿-3.53 Billion |
| 2019 | 6.14% | 24.00% | 0.15x | 1.76x | ฿-1.18 Billion |
| 2020 | -27.67% | -185.01% | 0.06x | 2.63x | ฿-9.00 Billion |
| 2021 | 0.22% | 3.21% | 0.04x | 1.89x | ฿-3.99 Billion |
| 2022 | 2.99% | 22.15% | 0.08x | 1.70x | ฿-2.84 Billion |
| 2023 | -13.37% | -152.61% | 0.05x | 1.91x | ฿-7.66 Billion |
| 2024 | -2.91% | -18.31% | 0.08x | 2.00x | ฿-4.01 Billion |
Industry Comparison
This section compares Rabbit Holdings PCL's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $17,809,326,826
- Average return on equity (ROE) among peers: 7.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rabbit Holdings PCL (RABBIT) | ฿31.80 Billion | 4.60% | 0.99x | $29.29 Million |
| Advanced Connection Corporation Public Company Limited (ACC) | $706.46 Million | 8.21% | 0.17x | $17.25 Million |
| Berli Jucker PCL (BJC) | $126.20 Billion | 3.17% | 1.67x | $316.94 Million |
| Eastern Technical Engineering Public Company Limited (ETE) | $58.10 Million | 13.78% | 9.72x | $4.01 Million |
| Forth Corporation Public Company Limited (FORTH) | $2.72 Billion | 9.98% | 2.00x | $62.80 Million |
| Loxley Public Company Limited (LOXLEY) | $4.26 Billion | 14.55% | 1.12x | $56.12 Million |
| MBK Public Company Limited (MBK) | $7.29 Billion | 11.11% | 1.05x | $228.06 Million |
| Precise Corporation Public Company Limited (PCC) | $643.50 Million | 8.95% | 0.95x | $48.96 Million |
| Siamraj Public Company Limited (SR) | $827.66 Million | -7.80% | 2.26x | $1.86 Million |
| Saha-Union Public Company Limited (SUC) | $17.58 Billion | 6.99% | 0.32x | $114.86 Million |