Tanachira Retail Corporation Public Company Limited
Tanachira Retail Corporation Public Company Limited operates as a fashion lifestyle retailer in Thailand, China, Vietnam, Japan, Hongkong, Singapore, Saudi Arabia, Norway, and internationally. The company engages in the distribution of gemstone jewelry, leather goods, bags, shoes, furniture, and home decorations. It is also involved in the general wholesale; retail sale in other non-specialised s… Read more
Tanachira Retail Corporation Public Company Limited (TAN) - Net Assets
Latest net assets as of September 2025: ฿1.57 Billion THB
Based on the latest financial reports, Tanachira Retail Corporation Public Company Limited (TAN) has net assets worth ฿1.57 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 (฿2.63 Billion) and total liabilities (฿1.05 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 | ฿1.57 Billion |
| % of Total Assets | 59.82% |
| Annual Growth Rate | 62.14% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 158.09 |
Tanachira Retail Corporation Public Company Limited - Net Assets Trend (2021–2025)
This chart illustrates how Tanachira Retail Corporation 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 Tanachira Retail Corporation Public Company Limited (2021–2025)
The table below shows the annual net assets of Tanachira Retail Corporation Public Company Limited from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | ฿1.64 Billion | +5.61% |
| 2024-06-30 | ฿1.55 Billion | +376.54% |
| 2023-06-30 | ฿325.13 Million | +63.88% |
| 2022-06-30 | ฿198.40 Million | -16.20% |
| 2021-06-30 | ฿236.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tanachira Retail Corporation 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 decreased by 22.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿139.77 Million | 8.60% |
| Other Components | ฿1.49 Billion | 91.40% |
| Total Equity | ฿1.62 Billion | 100.00% |
Tanachira Retail Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Tanachira Retail Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Above Food Ingredients Inc. Warrants
NASDAQ:ABVEW
|
$6.25 Million |
|
Genus Paper & Boards Limited
NSE:GENUSPAPER
|
$6.25 Million |
|
Fortuna Metals Limited
AU:FUN
|
$6.25 Million |
|
Alticast Corporation
KQ:085810
|
$6.26 Million |
|
Class 1 Nickel and Technologies Limited
OTCQB:NICLF
|
$6.25 Million |
|
Kerlink SAS
PA:ALKLK
|
$6.25 Million |
|
Pritika Auto Industries Limited
NSE:PRITIKAUTO
|
$6.25 Million |
|
Daehan Green Power Corporation
KQ:060900
|
$6.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tanachira Retail Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,549,783,546 to 1,624,965,691, a change of 75,182,145 (4.9%).
- Net income of 130,074,605 contributed positively to equity growth.
- Dividend payments of 59,998,800 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿130.07 Million | +8.0% |
| Dividends Paid | ฿60.00 Million | -3.69% |
| Other Changes | ฿5.11 Million | +0.31% |
| Total Change | ฿- | 4.85% |
Book Value vs Market Value Analysis
This analysis compares Tanachira Retail Corporation 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: 0.74x
- 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 5.06x to 0.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | ฿0.79 | ฿4.02 | x |
| 2022-06-30 | ฿0.68 | ฿4.02 | x |
| 2023-06-30 | ฿1.11 | ฿4.02 | x |
| 2024-06-30 | ฿5.17 | ฿4.02 | x |
| 2025-06-30 | ฿5.42 | ฿4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tanachira Retail Corporation 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): 8.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.49%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.68x
- Recent ROE (8.00%) is below the historical average (9.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 6.04% | 1.57% | 0.47x | 8.12x | ฿-9.42 Million |
| 2022 | -15.92% | -4.21% | 0.40x | 9.35x | ฿-52.51 Million |
| 2023 | 37.68% | 9.90% | 0.68x | 5.61x | ฿92.04 Million |
| 2024 | 10.76% | 11.79% | 0.61x | 1.49x | ฿11.81 Million |
| 2025 | 8.00% | 7.49% | 0.64x | 1.68x | ฿-32.42 Million |
Industry Comparison
This section compares Tanachira Retail Corporation Public Company Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $2,257,164,328
- Average return on equity (ROE) among peers: 4.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tanachira Retail Corporation Public Company Limited (TAN) | ฿1.57 Billion | 6.04% | 0.67x | $6.25 Million |
| Aurora Design PCL (AURA) | $5.68 Billion | 14.97% | 1.36x | $191.95 Million |
| Jubilee Enterprise Public Company Limited (JUBILE) | $434.03 Million | 30.22% | 0.49x | $15.45 Million |
| Pranda Jewelry Public Company Limited (PDJ) | $2.20 Billion | -12.85% | 1.15x | $7.13 Million |
| Sawang Export Public Company Limited (SAWANG) | $712.48 Million | -15.27% | 0.11x | $989.73K |