TISCO Financial Group Public Company Limited

BK:TISCO Thailand Banks - Regional
Market Cap
$2.61 Billion
฿90.47 Billion THB
Market Cap Rank
#4651 Global
#9 in Thailand
Share Price
฿113.00
Change (1 day)
+0.89%
52-Week Range
฿96.25 - ฿116.00
All Time High
฿116.00
Categories
Companies in Thailand Banks - Regional Banking & Financial
About

TISCO Financial Group Public Company Limited, together with its subsidiaries, provides commercial banking products and services for individuals and businesses in Thailand. The company operates through four segments: Commercial Banking Business, Securities Business, Asset Management Business, and Support Business. It accepts deposit products, such as special and standard current accounts, savings … Read more

TISCO Financial Group Public Company Limited (TISCO) - Net Assets

Latest net assets as of September 2025: ฿41.76 Billion THB

Based on the latest financial reports, TISCO Financial Group Public Company Limited (TISCO) has net assets worth ฿41.76 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 (฿282.22 Billion) and total liabilities (฿240.46 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 ฿41.76 Billion
% of Total Assets 14.8%
Annual Growth Rate 8.91%
5-Year Change 9.08%
10-Year Change 52.67%
Growth Volatility 9.85

TISCO Financial Group Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how TISCO Financial Group 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 TISCO Financial Group Public Company Limited (2000–2024)

The table below shows the annual net assets of TISCO Financial Group Public Company Limited from 2000 to 2024.

Year Net Assets Change
2024-12-31 ฿43.04 Billion +1.41%
2023-12-31 ฿42.45 Billion -0.80%
2022-12-31 ฿42.79 Billion +3.86%
2021-12-31 ฿41.20 Billion +4.40%
2020-12-31 ฿39.46 Billion +0.68%
2019-12-31 ฿39.20 Billion +3.61%
2018-12-31 ฿37.83 Billion +8.92%
2017-12-31 ฿34.73 Billion +10.87%
2016-12-31 ฿31.33 Billion +11.11%
2015-12-31 ฿28.19 Billion +9.18%
2014-12-31 ฿25.82 Billion +11.22%
2013-12-31 ฿23.22 Billion +26.32%
2012-12-31 ฿18.38 Billion +12.68%
2011-12-31 ฿16.31 Billion +9.79%
2010-12-31 ฿14.86 Billion +18.68%
2009-12-31 ฿12.52 Billion +8.52%
2008-12-31 ฿11.54 Billion -6.77%
2007-12-31 ฿12.37 Billion -2.44%
2006-12-31 ฿12.68 Billion -3.05%
2005-12-31 ฿13.08 Billion +3.98%
2004-12-31 ฿12.58 Billion +17.35%
2003-12-31 ฿10.72 Billion +37.23%
2002-12-31 ฿7.81 Billion +16.80%
2001-12-31 ฿6.69 Billion +20.60%
2000-12-31 ฿5.55 Billion --

Equity Component Analysis

This analysis shows how different components contribute to TISCO Financial Group 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 3119081100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿31.19 Billion 72.47%
Common Stock ฿8.01 Billion 18.60%
Other Comprehensive Income ฿801.00 Million 1.86%
Other Components ฿3.04 Billion 7.07%
Total Equity ฿43.04 Billion 100.00%

TISCO Financial Group Public Company Limited Competitors by Market Cap

The table below lists competitors of TISCO Financial Group Public Company Limited ranked by their market capitalization.

Company Market Cap
Lineage, Inc. Common Stock
NASDAQ:LINE
 		$2.25 Billion
SPS Commerce Inc
NASDAQ:SPSC
 		$2.25 Billion
Katilimevim Tasaruf Finansman A.S.
IS:KTLEV
 		$2.25 Billion
Newmark Group Inc
NASDAQ:NMRK
 		$2.25 Billion
Inner Mongolia MengDian HuaNeng Thermal Power Corp Ltd
SHG:600863
 		$2.25 Billion
Ascentage Pharma Group International
NASDAQ:AAPG
 		$2.25 Billion
MiTAC Holdings Corp
TW:3706
 		$2.25 Billion
Zai Lab Ltd
NASDAQ:ZLAB
 		$2.24 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in TISCO Financial Group Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 42,444,870,000 to 43,041,945,000, a change of 597,075,000 (1.4%).
  • Net income of 6,901,275,000 contributed positively to equity growth.
  • Dividend payments of 6,203,073,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,219,769,000.
  • Other factors increased equity by 1,118,642,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿6.90 Billion +16.03%
Dividends Paid ฿6.20 Billion -14.41%
Other Comprehensive Income ฿-1.22 Billion -2.83%
Other Changes ฿1.12 Billion +2.6%
Total Change ฿- 1.41%

Book Value vs Market Value Analysis

This analysis compares TISCO Financial Group 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: 2.10x
  • 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 8.46x to 2.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 ฿13.36 ฿113.00 x
2004-12-31 ฿16.05 ฿113.00 x
2005-12-31 ฿14.76 ฿113.00 x
2006-12-31 ฿14.02 ฿113.00 x
2007-12-31 ฿16.04 ฿113.00 x
2008-12-31 ฿14.90 ฿113.00 x
2009-12-31 ฿16.21 ฿113.00 x
2010-12-31 ฿19.20 ฿113.00 x
2011-12-31 ฿21.05 ฿113.00 x
2012-12-31 ฿25.00 ฿113.00 x
2013-12-31 ฿30.04 ฿113.00 x
2014-12-31 ฿32.14 ฿113.00 x
2015-12-31 ฿35.09 ฿113.00 x
2016-12-31 ฿39.00 ฿113.00 x
2017-12-31 ฿43.22 ฿113.00 x
2018-12-31 ฿47.08 ฿113.00 x
2019-12-31 ฿48.95 ฿113.00 x
2020-12-31 ฿49.28 ฿113.00 x
2021-12-31 ฿51.45 ฿113.00 x
2022-12-31 ฿53.44 ฿113.00 x
2023-12-31 ฿53.01 ฿113.00 x
2024-12-31 ฿53.76 ฿113.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently TISCO Financial Group 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): 16.03%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 34.09%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 6.55x
  • Recent ROE (16.03%) is below the historical average (16.62%), 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 17.32% 20.08% 0.11x 7.98x ฿374.11 Million
2001 13.41% 18.37% 0.10x 7.52x ฿213.09 Million
2002 15.64% 22.53% 0.10x 6.67x ฿416.11 Million
2004 18.31% 44.55% 0.08x 5.46x ฿1.01 Billion
2005 14.16% 34.45% 0.07x 5.95x ฿525.78 Million
2006 12.61% 30.81% 0.06x 6.92x ฿319.93 Million
2007 13.34% 29.72% 0.06x 8.00x ฿413.75 Million
2008 15.07% 27.33% 0.05x 11.05x ฿578.84 Million
2009 16.00% 22.46% 0.06x 11.17x ฿745.39 Million
2010 19.55% 26.06% 0.06x 11.60x ฿1.41 Billion
2011 20.15% 32.21% 0.05x 13.62x ฿1.65 Billion
2012 20.36% 26.66% 0.05x 15.96x ฿1.89 Billion
2013 18.48% 25.03% 0.05x 15.63x ฿1.95 Billion
2014 16.52% 25.21% 0.05x 12.35x ฿1.68 Billion
2015 15.13% 24.24% 0.06x 9.98x ฿1.44 Billion
2016 16.03% 27.91% 0.07x 8.69x ฿1.88 Billion
2017 17.60% 30.21% 0.07x 8.77x ฿2.63 Billion
2018 18.61% 33.53% 0.07x 8.03x ฿3.25 Billion
2019 18.55% 35.49% 0.07x 7.61x ฿3.35 Billion
2020 15.37% 31.52% 0.07x 6.98x ฿2.12 Billion
2021 16.47% 35.21% 0.08x 5.91x ฿2.66 Billion
2022 16.88% 38.68% 0.07x 6.20x ฿2.95 Billion
2023 17.20% 36.56% 0.07x 6.85x ฿3.06 Billion
2024 16.03% 34.09% 0.07x 6.55x ฿2.60 Billion

Industry Comparison

This section compares TISCO Financial Group Public Company Limited's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $229,485,682,832
  • Average return on equity (ROE) among peers: 9.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TISCO Financial Group Public Company Limited (TISCO) ฿41.76 Billion 17.32% 5.76x $2.25 Billion
Bank of Ayudhya PCL (BAY) $243.72 Billion 10.18% 7.92x $216.48 Million
Bangkok Bank PCL (BBL) $244.69 Billion 11.17% 7.61x $7.97 Billion
CIMB Thai Bank Public Company Limited (CIMBT) $214.95 Billion -2.06% 0.01x $19.21 Million
Thai Credit Pcl (CREDIT) $14.38 Billion 16.36% 8.96x $174.53 Million
LH Financial Group Public Company Limited (LHFG) $41.16 Billion 7.81% 4.85x $108.76 Million
SCB X Public Company Limited (SCB) $483.73 Billion 9.00% 6.11x $6.95 Billion
The Siam Commercial Bank Public Company Limited (SCB-R) $363.76 Billion 11.86% 7.31x $6.11 Billion