Thaicom Public Company Limited
Thaicom Public Company Limited, together with its subsidiaries, provides transponder services for domestic and international communications in Thailand, Australia, India, Myanmar, and internationally. The company operates through Satellite Business Services, Internet Services and Media, and Telephone Network segments. It also offers broadband content, internet data center, satellite uplink-downli… Read more
Thaicom Public Company Limited (THCOM) - Net Assets
Latest net assets as of June 2025: ฿9.96 Billion THB
Based on the latest financial reports, Thaicom Public Company Limited (THCOM) has net assets worth ฿9.96 Billion THB as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿15.42 Billion) and total liabilities (฿5.46 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 | ฿9.96 Billion |
| % of Total Assets | 64.61% |
| Annual Growth Rate | 3.65% |
| 5-Year Change | -10.92% |
| 10-Year Change | -44.68% |
| Growth Volatility | 15.56 |
Thaicom Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Thaicom 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 Thaicom Public Company Limited (2000–2024)
The table below shows the annual net assets of Thaicom Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿10.02 Billion | -2.07% |
| 2023-12-31 | ฿10.23 Billion | -3.06% |
| 2022-12-31 | ฿10.55 Billion | -5.17% |
| 2021-12-31 | ฿11.13 Billion | -1.05% |
| 2020-12-31 | ฿11.25 Billion | +2.29% |
| 2019-12-31 | ฿10.99 Billion | -16.31% |
| 2018-12-31 | ฿13.14 Billion | -14.02% |
| 2017-12-31 | ฿15.28 Billion | -19.25% |
| 2016-12-31 | ฿18.92 Billion | +4.47% |
| 2015-12-31 | ฿18.11 Billion | +7.00% |
| 2014-12-31 | ฿16.93 Billion | +8.63% |
| 2013-12-31 | ฿15.58 Billion | +9.43% |
| 2012-12-31 | ฿14.24 Billion | +0.44% |
| 2011-12-31 | ฿14.18 Billion | -3.42% |
| 2010-12-31 | ฿14.68 Billion | -6.06% |
| 2009-12-31 | ฿15.63 Billion | -2.96% |
| 2008-12-31 | ฿16.10 Billion | -3.48% |
| 2007-12-31 | ฿16.68 Billion | +22.88% |
| 2006-12-31 | ฿13.58 Billion | -0.05% |
| 2005-12-31 | ฿13.58 Billion | +48.23% |
| 2004-12-31 | ฿9.16 Billion | +8.54% |
| 2003-12-31 | ฿8.44 Billion | +17.20% |
| 2002-12-31 | ฿7.20 Billion | +24.30% |
| 2001-12-31 | ฿5.80 Billion | +36.76% |
| 2000-12-31 | ฿4.24 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thaicom 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 278635062200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿414.71 Million | 4.14% |
| Common Stock | ฿5.48 Billion | 54.70% |
| Other Comprehensive Income | ฿549.99 Million | 5.49% |
| Other Components | ฿3.57 Billion | 35.67% |
| Total Equity | ฿10.02 Billion | 100.00% |
Thaicom Public Company Limited Competitors by Market Cap
The table below lists competitors of Thaicom Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asure Software Inc
NASDAQ:ASUR
|
$213.71 Million |
|
Modern Dental Group Limited
F:1MD
|
$213.74 Million |
|
Here Group Limited
NASDAQ:HERE
|
$213.86 Million |
|
Nanjing Chixia Development Co Ltd
SHG:600533
|
$213.87 Million |
|
Hong Tai Electric Industrial Co Ltd
TW:1612
|
$213.60 Million |
|
2Seventy Bio Inc
NASDAQ:TSVT
|
$213.50 Million |
|
Movida Participações S.A
SA:MOVI3
|
$213.48 Million |
|
Beijing Waluer Information Technology Co. Ltd. A
SHE:301380
|
$213.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thaicom Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,231,159,218 to 10,019,171,533, a change of -211,987,685 (-2.1%).
- Net loss of 22,836,363 reduced equity.
- Dividend payments of 142,489,973 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-22.84 Million | -0.23% |
| Dividends Paid | ฿142.49 Million | -1.42% |
| Other Changes | ฿-46.66 Million | -0.47% |
| Total Change | ฿- | -2.07% |
Book Value vs Market Value Analysis
This analysis compares Thaicom 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: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | ฿9.63 | ฿11.50 | x |
| 2001-12-31 | ฿13.20 | ฿11.50 | x |
| 2002-12-31 | ฿16.43 | ฿11.50 | x |
| 2003-12-31 | ฿9.21 | ฿11.50 | x |
| 2004-12-31 | ฿10.30 | ฿11.50 | x |
| 2005-12-31 | ฿13.47 | ฿11.50 | x |
| 2006-12-31 | ฿12.39 | ฿11.50 | x |
| 2007-12-31 | ฿15.23 | ฿11.50 | x |
| 2008-12-31 | ฿14.67 | ฿11.50 | x |
| 2009-12-31 | ฿14.22 | ฿11.50 | x |
| 2010-12-31 | ฿13.35 | ฿11.50 | x |
| 2011-12-31 | ฿12.98 | ฿11.50 | x |
| 2012-12-31 | ฿12.96 | ฿11.50 | x |
| 2013-12-31 | ฿14.18 | ฿11.50 | x |
| 2014-12-31 | ฿15.41 | ฿11.50 | x |
| 2015-12-31 | ฿16.13 | ฿11.50 | x |
| 2016-12-31 | ฿16.89 | ฿11.50 | x |
| 2017-12-31 | ฿13.52 | ฿11.50 | x |
| 2018-12-31 | ฿11.99 | ฿11.50 | x |
| 2019-12-31 | ฿10.03 | ฿11.50 | x |
| 2020-12-31 | ฿10.26 | ฿11.50 | x |
| 2021-12-31 | ฿10.15 | ฿11.50 | x |
| 2022-12-31 | ฿9.63 | ฿11.50 | x |
| 2023-12-31 | ฿9.33 | ฿11.50 | x |
| 2024-12-31 | ฿9.09 | ฿11.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thaicom 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): -0.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.95%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 1.51x
- Recent ROE (-0.23%) is below the historical average (4.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 16.86% | 16.78% | 0.36x | 2.81x | ฿289.12 Million |
| 2001 | 27.06% | 30.29% | 0.36x | 2.49x | ฿985.46 Million |
| 2002 | 19.63% | 25.98% | 0.27x | 2.83x | ฿691.84 Million |
| 2003 | 13.37% | 17.38% | 0.25x | 3.11x | ฿272.45 Million |
| 2004 | 9.42% | 15.38% | 0.20x | 3.03x | ฿-53.04 Million |
| 2005 | 8.93% | 17.47% | 0.21x | 2.49x | ฿-144.92 Million |
| 2006 | -0.34% | -0.51% | 0.27x | 2.43x | ฿-1.40 Billion |
| 2007 | 18.26% | 47.24% | 0.21x | 1.81x | ฿1.38 Billion |
| 2008 | -4.44% | -10.17% | 0.25x | 1.77x | ฿-2.32 Billion |
| 2009 | -3.02% | -6.13% | 0.28x | 1.76x | ฿-2.03 Billion |
| 2010 | -5.39% | -11.78% | 0.26x | 1.77x | ฿-2.25 Billion |
| 2011 | -3.47% | -6.76% | 0.27x | 1.92x | ฿-1.90 Billion |
| 2012 | 1.22% | 2.39% | 0.28x | 1.82x | ฿-1.25 Billion |
| 2013 | 7.25% | 14.28% | 0.29x | 1.76x | ฿-426.69 Million |
| 2014 | 9.48% | 15.73% | 0.33x | 1.83x | ฿-87.85 Million |
| 2015 | 12.00% | 17.04% | 0.37x | 1.90x | ฿353.76 Million |
| 2016 | 8.71% | 14.00% | 0.35x | 1.77x | ฿-239.19 Million |
| 2017 | -17.88% | -39.61% | 0.26x | 1.75x | ฿-4.13 Billion |
| 2018 | 1.75% | 3.81% | 0.27x | 1.69x | ฿-1.08 Billion |
| 2019 | -20.46% | -48.25% | 0.27x | 1.55x | ฿-3.35 Billion |
| 2020 | 4.57% | 14.45% | 0.21x | 1.48x | ฿-610.93 Million |
| 2021 | 1.29% | 4.35% | 0.22x | 1.38x | ฿-969.29 Million |
| 2022 | 0.40% | 1.44% | 0.20x | 1.41x | ฿-1.01 Billion |
| 2023 | 3.46% | 13.46% | 0.19x | 1.38x | ฿-669.47 Million |
| 2024 | -0.23% | -0.95% | 0.16x | 1.51x | ฿-1.02 Billion |
Industry Comparison
This section compares Thaicom Public Company Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $661,166,340
- Average return on equity (ROE) among peers: 23.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thaicom Public Company Limited (THCOM) | ฿9.96 Billion | 16.86% | 0.55x | $213.61 Million |
| ALT Telecom Public Company Limited (ALT) | $1.62 Billion | 0.50% | 1.61x | $13.14 Million |
| Planet Communications Asia Public Company Limited (PLANET) | $210.50 Million | 27.48% | 1.59x | $3.72 Million |
| The Practical Solution Public Company Limited (TPS) | $153.42 Million | 41.06% | 1.12x | $10.89 Million |