Thai Capital Corporation Public Company Limited (TCC) - Net Assets
Based on the latest financial reports, Thai Capital Corporation Public Company Limited (TCC) has net assets worth ฿1.11 Billion THB (≈ $34.54 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.46 Billion ≈ $45.49 Million USD) and total liabilities (฿351.12 Million ≈ $10.94 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. Check how resilient are Thai Capital Corporation Public Company 's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.11 Billion |
| % of Total Assets | 75.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | 43.57% |
| 10-Year Change | 14.53% |
| Growth Volatility | 61.44 |
Thai Capital Corporation Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Thai Capital Corporation Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Thai Capital Corporation Public Company (TCC) total assets for the complete picture of this company's asset base.
Annual Net Assets for Thai Capital Corporation Public Company Limited (2000–2024)
The table below shows the annual net assets of Thai Capital Corporation Public Company Limited from 2000 to 2024. For live valuation and market cap data, see TCC stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.09 Billion ≈ $34.01 Million |
-1.78% |
| 2023-12-31 | ฿1.11 Billion ≈ $34.63 Million |
-1.07% |
| 2022-12-31 | ฿1.12 Billion ≈ $35.01 Million |
+26.00% |
| 2021-12-31 | ฿891.34 Million ≈ $27.78 Million |
+17.27% |
| 2020-12-31 | ฿760.08 Million ≈ $23.69 Million |
-2.91% |
| 2019-12-31 | ฿782.88 Million ≈ $24.40 Million |
-2.24% |
| 2018-12-31 | ฿800.81 Million ≈ $24.96 Million |
+0.38% |
| 2017-12-31 | ฿797.75 Million ≈ $24.87 Million |
-7.25% |
| 2016-12-31 | ฿860.10 Million ≈ $26.81 Million |
-9.74% |
| 2015-12-31 | ฿952.87 Million ≈ $29.70 Million |
+9.74% |
| 2014-12-31 | ฿868.27 Million ≈ $27.06 Million |
+4.23% |
| 2013-12-31 | ฿833.07 Million ≈ $25.97 Million |
+5.24% |
| 2012-12-31 | ฿791.61 Million ≈ $24.67 Million |
+24.16% |
| 2011-12-31 | ฿637.57 Million ≈ $19.87 Million |
+57.13% |
| 2010-12-31 | ฿405.76 Million ≈ $12.65 Million |
+15.09% |
| 2009-12-31 | ฿352.55 Million ≈ $10.99 Million |
-14.16% |
| 2008-12-31 | ฿410.72 Million ≈ $12.80 Million |
-41.27% |
| 2007-12-31 | ฿699.38 Million ≈ $21.80 Million |
+133.33% |
| 2006-12-31 | ฿299.74 Million ≈ $9.34 Million |
+124.33% |
| 2005-12-31 | ฿133.62 Million ≈ $4.16 Million |
+230.90% |
| 2004-12-31 | ฿40.38 Million ≈ $1.26 Million |
+13.49% |
| 2003-12-31 | ฿35.58 Million ≈ $1.11 Million |
-45.60% |
| 2002-12-31 | ฿65.41 Million ≈ $2.04 Million |
+209.36% |
| 2001-12-31 | ฿-59.81 Million ≈ $-1.86 Million |
+9.76% |
| 2000-12-31 | ฿-66.28 Million ≈ $-2.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Thai Capital 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 grown by 22512079900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿225.12 Million | 20.63% |
| Common Stock | ฿697.78 Million | 63.94% |
| Other Comprehensive Income | ฿16.16 Million | 1.48% |
| Other Components | ฿152.22 Million | 13.95% |
| Total Equity | ฿1.09 Billion | 100.00% |
Thai Capital Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Thai Capital Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NexturnBioscience Co. Ltd
KQ:089140
|
$15.66 Million |
|
Citius Pharmaceuticals Inc
NASDAQ:CTXR
|
$15.66 Million |
|
IVP Limited
NSE:IVP
|
$15.67 Million |
|
Imexhs Ltd
AU:IME
|
$15.68 Million |
|
Floyd Public Company Limited
BK:FLOYD
|
$15.65 Million |
|
Australian Agricultural Projects Ltd
AU:AAP
|
$15.65 Million |
|
Opus One Resources Inc
V:OOR
|
$15.65 Million |
|
G3 Global Bhd
KLSE:7184
|
$15.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thai Capital Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,111,060,948 to 1,091,279,969, a change of -19,780,979 (-1.8%).
- Net income of 15,669,330 contributed positively to equity growth.
- Dividend payments of 34,737,594 reduced retained earnings.
- Other comprehensive income increased equity by 18,740,754.
- Other factors decreased equity by 19,453,469.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿15.67 Million | +1.44% |
| Dividends Paid | ฿34.74 Million | -3.18% |
| Other Comprehensive Income | ฿18.74 Million | +1.72% |
| Other Changes | ฿-19.45 Million | -1.78% |
| Total Change | ฿- | -1.78% |
Book Value vs Market Value Analysis
This analysis compares Thai Capital 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: 0.46x
- 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 |
|---|---|---|---|
| 2006-12-31 | ฿0.95 | ฿0.36 | x |
| 2007-12-31 | ฿0.59 | ฿0.36 | x |
| 2008-12-31 | ฿0.40 | ฿0.36 | x |
| 2009-12-31 | ฿0.38 | ฿0.36 | x |
| 2010-12-31 | ฿0.45 | ฿0.36 | x |
| 2011-12-31 | ฿0.60 | ฿0.36 | x |
| 2012-12-31 | ฿0.69 | ฿0.36 | x |
| 2013-12-31 | ฿0.68 | ฿0.36 | x |
| 2014-12-31 | ฿0.63 | ฿0.36 | x |
| 2015-12-31 | ฿0.63 | ฿0.36 | x |
| 2016-12-31 | ฿0.61 | ฿0.36 | x |
| 2017-12-31 | ฿0.62 | ฿0.36 | x |
| 2018-12-31 | ฿0.63 | ฿0.36 | x |
| 2019-12-31 | ฿0.61 | ฿0.36 | x |
| 2020-12-31 | ฿0.59 | ฿0.36 | x |
| 2021-12-31 | ฿0.68 | ฿0.36 | x |
| 2022-12-31 | ฿0.76 | ฿0.36 | x |
| 2023-12-31 | ฿0.78 | ฿0.36 | x |
| 2024-12-31 | ฿0.78 | ฿0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thai Capital 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): 1.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.39%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.43x
- Recent ROE (1.44%) is above the historical average (-0.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 18.78% | 2.23% | 0.74x | 11.36x | ฿3.55 Million |
| 2005 | 12.94% | 6.03% | 0.56x | 3.84x | ฿3.92 Million |
| 2006 | -30.91% | -25.28% | 1.08x | 1.13x | ฿-246.19 Million |
| 2007 | -9.36% | -3.58% | 1.09x | 2.40x | ฿-102.56 Million |
| 2008 | -29.39% | -11.17% | 2.50x | 1.05x | ฿-161.77 Million |
| 2009 | -16.75% | -48.53% | 0.33x | 1.06x | ฿-94.30 Million |
| 2010 | 6.46% | 5.52% | 1.06x | 1.10x | ฿-14.35 Million |
| 2011 | 13.57% | 7.21% | 1.33x | 1.41x | ฿22.74 Million |
| 2012 | 1.12% | 0.86% | 1.16x | 1.12x | ฿-70.27 Million |
| 2013 | -6.34% | -5.69% | 0.99x | 1.13x | ฿-136.16 Million |
| 2014 | 3.20% | 1.74% | 1.71x | 1.07x | ฿-59.06 Million |
| 2015 | 2.16% | 1.77% | 1.14x | 1.07x | ฿-74.71 Million |
| 2016 | 0.98% | 0.79% | 1.17x | 1.07x | ฿-77.59 Million |
| 2017 | -7.57% | -4.67% | 1.13x | 1.43x | ฿-140.19 Million |
| 2018 | 0.51% | 0.31% | 1.36x | 1.22x | ฿-76.00 Million |
| 2019 | -2.01% | -2.23% | 0.76x | 1.19x | ฿-94.02 Million |
| 2020 | -2.77% | -4.36% | 0.50x | 1.28x | ฿-97.06 Million |
| 2021 | 8.51% | 6.60% | 0.95x | 1.35x | ฿-13.31 Million |
| 2022 | 17.18% | 9.66% | 1.36x | 1.31x | ฿80.65 Million |
| 2023 | 4.99% | 3.53% | 0.98x | 1.45x | ฿-55.69 Million |
| 2024 | 1.44% | 1.39% | 0.72x | 1.43x | ฿-93.46 Million |
Industry Comparison
This section compares Thai Capital Corporation Public Company Limited's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $3,725,594,184
- Average return on equity (ROE) among peers: -6.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thai Capital Corporation Public Company Limited (TCC) | ฿1.11 Billion | 18.78% | 0.32x | $15.66 Million |
| Asia Green Energy Public Company Limited (AGE) | $1.54 Billion | 8.24% | 2.20x | $46.25 Million |
| Banpu Public Company Limited (BANPU) | $6.61 Billion | 0.00% | 1.08x | $1.84 Billion |
| Lanna Resources Public Company Limited (LANNA) | $6.03 Billion | 6.82% | 0.54x | $238.91 Million |
| Unique Mining Services Public Company Limited (UMS) | $720.74 Million | -40.00% | 2.81x | $19.36 Million |
About Thai Capital Corporation Public Company Limited
Thai Capital Corporation Public Company Limited, together with its subsidiaries, engages in the distribution of coal products in Thailand. It sells coal, plam shell, and steel products. The company also engages in property development and asset management activities. In addition, it provides consultation services for coal business. The company was formerly known as Thai Heat Exchange PCL and chan… Read more