Thai Mui Corporation Public Company Limited
Thai Mui Corporation Public Company Limited engages in retail and wholesale of iron ware, wire rope saw, pipes, and loop wire rope in Thailand. The company operates through two segments: Sale and services, and Projects. It also offers elevator, crane and equipment inspection, testing, technical analysis, and transportation service. The company is also involved in plumbing contractor project; cons… Read more
Thai Mui Corporation Public Company Limited (THMUI) - Net Assets
Latest net assets as of September 2025: ฿324.02 Million THB
Based on the latest financial reports, Thai Mui Corporation Public Company Limited (THMUI) has net assets worth ฿324.02 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿624.00 Million) and total liabilities (฿299.98 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 | ฿324.02 Million |
| % of Total Assets | 51.93% |
| Annual Growth Rate | 20.5% |
| 5-Year Change | -14.37% |
| 10-Year Change | 146.37% |
| Growth Volatility | 60.16 |
Thai Mui Corporation Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how Thai Mui 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 Thai Mui Corporation Public Company Limited (2014–2024)
The table below shows the annual net assets of Thai Mui Corporation Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿324.45 Million | -14.07% |
| 2023-12-31 | ฿377.58 Million | +1.35% |
| 2022-12-31 | ฿372.55 Million | -1.47% |
| 2021-12-31 | ฿378.13 Million | -0.20% |
| 2020-12-31 | ฿378.90 Million | +0.19% |
| 2019-12-31 | ฿378.18 Million | -7.84% |
| 2018-12-31 | ฿410.36 Million | +4.04% |
| 2017-12-31 | ฿394.42 Million | +135.24% |
| 2016-12-31 | ฿167.67 Million | +27.32% |
| 2015-12-31 | ฿131.69 Million | +162.12% |
| 2014-12-31 | ฿50.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thai Mui 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 5055504600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿390.34 Million | 118.53% |
| Total Equity | ฿329.31 Million | 100.00% |
Thai Mui Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Thai Mui Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pritish Nandy Communications Limited
NSE:PNC
|
$1.02 Million |
|
Acdc Metals Ltd
AU:ADC
|
$1.02 Million |
|
Cascadero Copper Corporation
PINK:CCEDF
|
$1.02 Million |
|
Nuzee Inc
NASDAQ:NUZE
|
$1.02 Million |
|
IRSTF
OTCGREY:IRSTF
|
$1.02 Million |
|
Navkar Urbanstructure Limited
NSE:NAVKARURB
|
$1.02 Million |
|
CAMECO
MU:CJ6
|
$1.02 Million |
|
Medibio Limited
PINK:MDBIF
|
$1.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thai Mui Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 370,606,725 to 329,305,134, a change of -41,301,591 (-11.1%).
- Net loss of 41,301,591 reduced equity.
- Other comprehensive income decreased equity by 4,995,828.
- Other factors increased equity by 4,995,828.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-41.30 Million | -12.54% |
| Other Comprehensive Income | ฿-5.00 Million | -1.52% |
| Other Changes | ฿5.00 Million | +1.52% |
| Total Change | ฿- | -11.14% |
Book Value vs Market Value Analysis
This analysis compares Thai Mui 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: 0.32x
- 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 3.25x to 0.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.10 | ฿0.31 | x |
| 2015-12-31 | ฿0.39 | ฿0.31 | x |
| 2016-12-31 | ฿0.49 | ฿0.31 | x |
| 2017-12-31 | ฿1.55 | ฿0.31 | x |
| 2018-12-31 | ฿1.21 | ฿0.31 | x |
| 2019-12-31 | ฿1.12 | ฿0.31 | x |
| 2020-12-31 | ฿1.08 | ฿0.31 | x |
| 2021-12-31 | ฿1.08 | ฿0.31 | x |
| 2022-12-31 | ฿1.07 | ฿0.31 | x |
| 2023-12-31 | ฿1.09 | ฿0.31 | x |
| 2024-12-31 | ฿0.97 | ฿0.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thai Mui 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): -12.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.65%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.91x
- Recent ROE (-12.54%) is below the historical average (3.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 24.03% | 2.10% | 1.10x | 10.37x | ฿4.55 Million |
| 2015 | 12.38% | 4.28% | 1.15x | 2.52x | ฿3.13 Million |
| 2016 | 11.28% | 5.30% | 1.06x | 2.00x | ฿2.15 Million |
| 2017 | 5.41% | 5.51% | 0.83x | 1.18x | ฿-18.11 Million |
| 2018 | 7.61% | 5.38% | 1.08x | 1.31x | ฿-9.80 Million |
| 2019 | -4.09% | -4.53% | 0.60x | 1.51x | ฿-53.49 Million |
| 2020 | -2.98% | -3.35% | 0.51x | 1.74x | ฿-47.81 Million |
| 2021 | -0.21% | -0.22% | 0.54x | 1.75x | ฿-37.64 Million |
| 2022 | -1.53% | -1.48% | 0.57x | 1.82x | ฿-41.99 Million |
| 2023 | 0.53% | 0.49% | 0.58x | 1.89x | ฿-35.08 Million |
| 2024 | -12.54% | -11.65% | 0.56x | 1.91x | ฿-74.23 Million |
Industry Comparison
This section compares Thai Mui Corporation Public Company Limited's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $508,815,962
- Average return on equity (ROE) among peers: 26.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thai Mui Corporation Public Company Limited (THMUI) | ฿324.02 Million | 24.03% | 0.93x | $1.02 Million |
| Alla Public Company Limited (ALLA) | $958.53 Million | 10.54% | 0.28x | $7.63 Million |
| Porn Prom Metal Public Company Limited (PPM) | $486.14 Million | 11.23% | 1.07x | $5.51 Million |
| SiamEast Solutions Public Company Limited (SE) | $81.77 Million | 57.92% | 1.78x | $3.52 Million |