Readyplanet PCL
Readyplanet Public Company Limited operates as a sales and marketing platform company. Its platform offers website creation and management, online advertising, and customer relationship management. The company also operates a hotel direct booking platform for hotels and resorts. The company was incorporated in 2000 and is based in Bangkok, Thailand.
Readyplanet PCL (READY) - Net Assets
Latest net assets as of June 2024: ฿214.21 Million THB
Based on the latest financial reports, Readyplanet PCL (READY) has net assets worth ฿214.21 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 (฿383.25 Million) and total liabilities (฿169.04 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 | ฿214.21 Million |
| % of Total Assets | 55.89% |
| Annual Growth Rate | 57.25% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 66.28 |
Readyplanet PCL - Net Assets Trend (2020–2023)
This chart illustrates how Readyplanet 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 Readyplanet PCL (2020–2023)
The table below shows the annual net assets of Readyplanet PCL from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿214.51 Million | +161.53% |
| 2022-12-31 | ฿82.02 Million | +10.58% |
| 2021-12-31 | ฿74.17 Million | +34.33% |
| 2020-12-31 | ฿55.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Readyplanet 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 grown by 12252558000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿48.41 Million | 22.57% |
| Other Components | ฿166.10 Million | 77.43% |
| Total Equity | ฿214.51 Million | 100.00% |
Readyplanet PCL Competitors by Market Cap
The table below lists competitors of Readyplanet PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Euroespes S.A.
MC:EEP
|
$3.02 Million |
|
TIO
AU:TIO
|
$3.02 Million |
|
Royale Energy Inc
OTCQB:ROYL
|
$3.02 Million |
|
Megapower Makmur TBK PT
JK:MPOW
|
$3.02 Million |
|
Telefonica Chile S.A.
SN:CTC
|
$3.01 Million |
|
Nepra Foods Inc
PINK:NPRFF
|
$3.01 Million |
|
Mehadrin
TA:MEDN
|
$3.01 Million |
|
Qualigen Therapeutics Inc
NASDAQ:QLGN
|
$3.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Readyplanet PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 82,021,620 to 214,513,447, a change of 132,491,827 (161.5%).
- Net income of 30,094,241 contributed positively to equity growth.
- Other factors increased equity by 102,397,586.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿30.09 Million | +14.03% |
| Other Changes | ฿102.40 Million | +47.73% |
| Total Change | ฿- | 161.53% |
Book Value vs Market Value Analysis
This analysis compares Readyplanet 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: 1.77x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.84x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ฿0.54 | ฿3.16 | x |
| 2021-12-31 | ฿0.73 | ฿3.16 | x |
| 2022-12-31 | ฿0.80 | ฿3.16 | x |
| 2023-12-31 | ฿1.79 | ฿3.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Readyplanet 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): 14.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.08%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.77x
- Recent ROE (14.03%) is above the historical average (-30.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -178.74% | -69.12% | 0.58x | 4.50x | ฿-104.22 Million |
| 2021 | 18.63% | 9.49% | 0.58x | 3.37x | ฿6.40 Million |
| 2022 | 24.80% | 12.62% | 0.63x | 3.13x | ฿12.14 Million |
| 2023 | 14.03% | 16.08% | 0.49x | 1.77x | ฿8.64 Million |
Industry Comparison
This section compares Readyplanet PCL's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $113,664,987
- Average return on equity (ROE) among peers: 20.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Readyplanet PCL (READY) | ฿214.21 Million | -178.74% | 0.79x | $3.02 Million |
| nForce Secure Public Company Limited (SECURE) | $113.66 Million | 20.72% | 1.68x | $12.29 Million |