Thai President Foods Public Company Limited
Thai President Foods Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of instant noodles, semi-instant foods, and biscuits products in Thailand and internationally. It also offers fruit juices, wheat flour-related, and bakery products; and manufactures and distributes paper packaging and packaging printing products, as well as provides packaging … Read more
Thai President Foods Public Company Limited (TFMAMA) - Net Assets
Latest net assets as of September 2025: ฿45.91 Billion THB
Based on the latest financial reports, Thai President Foods Public Company Limited (TFMAMA) has net assets worth ฿45.91 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 (฿51.06 Billion) and total liabilities (฿5.16 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 | ฿45.91 Billion |
| % of Total Assets | 89.9% |
| Annual Growth Rate | 12.44% |
| 5-Year Change | 33.66% |
| 10-Year Change | 186.18% |
| Growth Volatility | 7.91 |
Thai President Foods Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Thai President Foods 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 Thai President Foods Public Company Limited (2000–2024)
The table below shows the annual net assets of Thai President Foods Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿44.63 Billion | +8.48% |
| 2023-12-31 | ฿41.14 Billion | +7.03% |
| 2022-12-31 | ฿38.44 Billion | +6.12% |
| 2021-12-31 | ฿36.22 Billion | +8.48% |
| 2020-12-31 | ฿33.39 Billion | +11.14% |
| 2019-12-31 | ฿30.04 Billion | +12.01% |
| 2018-12-31 | ฿26.82 Billion | +4.30% |
| 2017-12-31 | ฿25.72 Billion | +45.41% |
| 2016-12-31 | ฿17.69 Billion | +13.41% |
| 2015-12-31 | ฿15.60 Billion | +11.95% |
| 2014-12-31 | ฿13.93 Billion | +21.77% |
| 2013-12-31 | ฿11.44 Billion | +14.09% |
| 2012-12-31 | ฿10.03 Billion | +13.43% |
| 2011-12-31 | ฿8.84 Billion | +4.69% |
| 2010-12-31 | ฿8.44 Billion | +13.19% |
| 2009-12-31 | ฿7.46 Billion | +16.16% |
| 2008-12-31 | ฿6.42 Billion | +8.62% |
| 2007-12-31 | ฿5.91 Billion | +10.48% |
| 2006-12-31 | ฿5.35 Billion | +12.84% |
| 2005-12-31 | ฿4.74 Billion | +18.54% |
| 2004-12-31 | ฿4.00 Billion | +8.73% |
| 2003-12-31 | ฿3.68 Billion | +9.12% |
| 2002-12-31 | ฿3.37 Billion | +11.84% |
| 2001-12-31 | ฿3.02 Billion | +12.54% |
| 2000-12-31 | ฿2.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thai President Foods 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 1473.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿34.61 Billion | 100.20% |
| Total Equity | ฿34.54 Billion | 100.00% |
Thai President Foods Public Company Limited Competitors by Market Cap
The table below lists competitors of Thai President Foods Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haixia Envrnmnt
SHG:603817
|
$308.83 Million |
|
Ninebot Ltd
SHG:689009
|
$308.93 Million |
|
Zhejiang Mtcn Technology Co Ltd
SHE:003026
|
$308.98 Million |
|
QuantaSing Group Limited American Depositary Shares
NASDAQ:QSG
|
$309.06 Million |
|
Martinrea International Inc
PINK:MRETF
|
$308.73 Million |
|
Dahu Aquaculture Co Ltd
SHG:600257
|
$308.71 Million |
|
Shandong Rike Chemical
SHE:300214
|
$308.68 Million |
|
Kenmare Resources plc
PINK:KMRPF
|
$308.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thai President Foods Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,774,857,058 to 34,539,116,914, a change of 2,764,259,856 (8.7%).
- Net income of 4,481,707,781 contributed positively to equity growth.
- Dividend payments of 2,216,741,028 reduced retained earnings.
- Other comprehensive income decreased equity by 39,000,000.
- Other factors increased equity by 538,293,103.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿4.48 Billion | +12.98% |
| Dividends Paid | ฿2.22 Billion | -6.42% |
| Other Comprehensive Income | ฿-39.00 Million | -0.11% |
| Other Changes | ฿538.29 Million | +1.56% |
| Total Change | ฿- | 8.70% |
Book Value vs Market Value Analysis
This analysis compares Thai President Foods 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: 1.80x
- 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 7.50x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿25.12 | ฿188.50 | x |
| 2006-12-31 | ฿27.56 | ฿188.50 | x |
| 2007-12-31 | ฿28.99 | ฿188.50 | x |
| 2008-12-31 | ฿32.47 | ฿188.50 | x |
| 2009-12-31 | ฿37.70 | ฿188.50 | x |
| 2010-12-31 | ฿42.55 | ฿188.50 | x |
| 2011-12-31 | ฿43.95 | ฿188.50 | x |
| 2012-12-31 | ฿49.15 | ฿188.50 | x |
| 2013-12-31 | ฿54.69 | ฿188.50 | x |
| 2014-12-31 | ฿67.80 | ฿188.50 | x |
| 2015-12-31 | ฿76.10 | ฿188.50 | x |
| 2016-12-31 | ฿86.68 | ฿188.50 | x |
| 2017-12-31 | ฿60.29 | ฿188.50 | x |
| 2018-12-31 | ฿63.39 | ฿188.50 | x |
| 2019-12-31 | ฿70.95 | ฿188.50 | x |
| 2020-12-31 | ฿78.78 | ฿188.50 | x |
| 2021-12-31 | ฿85.46 | ฿188.50 | x |
| 2022-12-31 | ฿90.22 | ฿188.50 | x |
| 2023-12-31 | ฿96.37 | ฿188.50 | x |
| 2024-12-31 | ฿104.76 | ฿188.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thai President Foods 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): 12.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.14%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.44x
- Recent ROE (12.98%) is below the historical average (14.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.61% | 13.95% | 0.93x | 1.20x | ฿253.90 Million |
| 2006 | 16.03% | 13.46% | 0.95x | 1.25x | ฿299.25 Million |
| 2007 | 11.98% | 9.67% | 1.04x | 1.19x | ฿117.08 Million |
| 2008 | 12.77% | 10.02% | 1.11x | 1.15x | ฿177.85 Million |
| 2009 | 20.71% | 16.64% | 0.99x | 1.25x | ฿727.03 Million |
| 2010 | 17.98% | 15.03% | 0.93x | 1.28x | ฿611.58 Million |
| 2011 | 13.52% | 10.70% | 0.93x | 1.36x | ฿278.48 Million |
| 2012 | 16.66% | 13.69% | 0.90x | 1.36x | ฿589.23 Million |
| 2013 | 16.40% | 14.20% | 0.84x | 1.37x | ฿630.37 Million |
| 2014 | 13.73% | 14.33% | 0.71x | 1.35x | ฿455.40 Million |
| 2015 | 13.95% | 16.37% | 0.64x | 1.32x | ฿541.68 Million |
| 2016 | 13.89% | 17.20% | 0.61x | 1.32x | ฿607.31 Million |
| 2017 | 14.36% | 13.19% | 0.74x | 1.48x | ฿865.77 Million |
| 2018 | 16.29% | 15.17% | 0.73x | 1.48x | ฿1.31 Billion |
| 2019 | 16.86% | 16.43% | 0.70x | 1.46x | ฿1.60 Billion |
| 2020 | 15.75% | 17.34% | 0.63x | 1.44x | ฿1.49 Billion |
| 2021 | 12.69% | 14.62% | 0.60x | 1.44x | ฿756.96 Million |
| 2022 | 13.32% | 14.96% | 0.62x | 1.44x | ฿986.17 Million |
| 2023 | 11.89% | 13.66% | 0.60x | 1.44x | ฿600.06 Million |
| 2024 | 12.98% | 15.14% | 0.60x | 1.44x | ฿1.03 Billion |
Industry Comparison
This section compares Thai President Foods Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,744,237,767
- Average return on equity (ROE) among peers: 12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thai President Foods Public Company Limited (TFMAMA) | ฿45.91 Billion | 15.61% | 0.11x | $308.76 Million |
| Asian Alliance International PCL (AAI) | $4.88 Billion | 7.84% | 0.15x | $43.65 Million |
| ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) | $237.14 Million | 5.48% | 0.40x | $9.36 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $3.50 Billion | 23.39% | 0.78x | $49.87 Million |
| Bioscience Animal Health PCL (BIS) | $790.50 Million | 6.41% | 0.55x | $4.82 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $2.07 Billion | 0.95% | 1.32x | $8.09 Million |
| Chin Huay PCL (CH) | $1.37 Billion | 9.31% | 0.40x | $13.66 Million |
| CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED (CHAO) | $597.83 Million | 27.03% | 0.46x | $12.59 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.39 Billion | 14.18% | 0.11x | $3.48 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.37 Billion | 7.17% | 0.11x | $6.08 Million |
| Thai Coconut Public Company Limited (COCOCO) | $1.24 Billion | 19.55% | 1.47x | $49.18 Million |