TISCO Financial Group Public Company Limited Net Assets
TISCO Financial Group Public Company Limited net assets. Based on the latest financial reports, TISCO Financial Group Public Company Limited (TISCO) has net assets worth ฿41.76 Billion THB (≈ $1.30 Billion USD) 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 ≈ $8.80 Billion USD) and total liabilities (฿240.46 Billion ≈ $7.50 Billion 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. Also explore TISCO Financial Group Public Company Lim (TISCO) net asset momentum to track the company's year-over-year net asset growth rate.
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 |
Net Assets of TISCO Financial Group Public Company Limited (2000–2024)
Net assets of TISCO Financial Group Public Company Limited from 2000 to 2024. This chart illustrates how TISCO Financial Group Public Company Limited's net assets have evolved over time, based on quarterly financial data. See TISCO Financial Group Public Company Lim balance sheet quality to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see TISCO Financial Group Public Company Lim (TISCO) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿43.04 Billion ≈ $1.34 Billion |
+1.41% |
| 2023-12-31 | ฿42.45 Billion ≈ $1.32 Billion |
-0.80% |
| 2022-12-31 | ฿42.79 Billion ≈ $1.33 Billion |
+3.86% |
| 2021-12-31 | ฿41.20 Billion ≈ $1.28 Billion |
+4.40% |
| 2020-12-31 | ฿39.46 Billion ≈ $1.23 Billion |
+0.68% |
| 2019-12-31 | ฿39.20 Billion ≈ $1.22 Billion |
+3.61% |
| 2018-12-31 | ฿37.83 Billion ≈ $1.18 Billion |
+8.92% |
| 2017-12-31 | ฿34.73 Billion ≈ $1.08 Billion |
+10.87% |
| 2016-12-31 | ฿31.33 Billion ≈ $976.39 Million |
+11.11% |
| 2015-12-31 | ฿28.19 Billion ≈ $878.79 Million |
+9.18% |
| 2014-12-31 | ฿25.82 Billion ≈ $804.90 Million |
+11.22% |
| 2013-12-31 | ฿23.22 Billion ≈ $723.69 Million |
+26.32% |
| 2012-12-31 | ฿18.38 Billion ≈ $572.90 Million |
+12.68% |
| 2011-12-31 | ฿16.31 Billion ≈ $508.42 Million |
+9.79% |
| 2010-12-31 | ฿14.86 Billion ≈ $463.09 Million |
+18.68% |
| 2009-12-31 | ฿12.52 Billion ≈ $390.20 Million |
+8.52% |
| 2008-12-31 | ฿11.54 Billion ≈ $359.57 Million |
-6.77% |
| 2007-12-31 | ฿12.37 Billion ≈ $385.67 Million |
-2.44% |
| 2006-12-31 | ฿12.68 Billion ≈ $395.31 Million |
-3.05% |
| 2005-12-31 | ฿13.08 Billion ≈ $407.74 Million |
+3.98% |
| 2004-12-31 | ฿12.58 Billion ≈ $392.14 Million |
+17.35% |
| 2003-12-31 | ฿10.72 Billion ≈ $334.17 Million |
+37.23% |
| 2002-12-31 | ฿7.81 Billion ≈ $243.50 Million |
+16.80% |
| 2001-12-31 | ฿6.69 Billion ≈ $208.48 Million |
+20.60% |
| 2000-12-31 | ฿5.55 Billion ≈ $172.87 Million |
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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.
TISCO Financial Group Public Company Limited Net Assets Breakdown (December 2024)
TISCO Financial Group Public Company Limited net assets breakdown by equity component as of 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 |
|---|---|
|
ICU Medical Inc
NASDAQ:ICUI
|
$3.11 Billion |
|
Galaxy Digital Holdings Ltd
NASDAQ:GLXY
|
$3.11 Billion |
|
TELIX Pharmaceuticals Ltd
AU:TLX
|
$3.11 Billion |
|
Xinhu Zhongbao Co Ltd
SHG:600208
|
$3.11 Billion |
|
Avista Corporation
NYSE:AVA
|
$3.10 Billion |
|
Bank of Guiyang Co Ltd
SHG:601997
|
$3.10 Billion |
|
Bausch Health Companies Inc
TO:BHC
|
$3.10 Billion |
|
kakaopay Corp.
KO:377300
|
$3.10 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: 2.32x
- 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 9.32x to 2.32x 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 | ฿124.50 | x |
| 2004-12-31 | ฿16.05 | ฿124.50 | x |
| 2005-12-31 | ฿14.76 | ฿124.50 | x |
| 2006-12-31 | ฿14.02 | ฿124.50 | x |
| 2007-12-31 | ฿16.04 | ฿124.50 | x |
| 2008-12-31 | ฿14.90 | ฿124.50 | x |
| 2009-12-31 | ฿16.21 | ฿124.50 | x |
| 2010-12-31 | ฿19.20 | ฿124.50 | x |
| 2011-12-31 | ฿21.05 | ฿124.50 | x |
| 2012-12-31 | ฿25.00 | ฿124.50 | x |
| 2013-12-31 | ฿30.04 | ฿124.50 | x |
| 2014-12-31 | ฿32.14 | ฿124.50 | x |
| 2015-12-31 | ฿35.09 | ฿124.50 | x |
| 2016-12-31 | ฿39.00 | ฿124.50 | x |
| 2017-12-31 | ฿43.22 | ฿124.50 | x |
| 2018-12-31 | ฿47.08 | ฿124.50 | x |
| 2019-12-31 | ฿48.95 | ฿124.50 | x |
| 2020-12-31 | ฿49.28 | ฿124.50 | x |
| 2021-12-31 | ฿51.45 | ฿124.50 | x |
| 2022-12-31 | ฿53.44 | ฿124.50 | x |
| 2023-12-31 | ฿53.01 | ฿124.50 | x |
| 2024-12-31 | ฿53.76 | ฿124.50 | 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: $144,437,617,794
- Average return on equity (ROE) among peers: 9.10%
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 | $3.11 Billion |
| Bank of Ayudhya PCL (BAY) | $289.18 Billion | 7.97% | 8.02x | $8.88 Billion |
| Bangkok Bank PCL (BBL) | $166.64 Billion | 11.53% | 8.56x | $11.01 Billion |
| CIMB Thai Bank Public Company Limited (CIMBT) | $181.46 Billion | -3.82% | 0.13x | $401.59 Million |
| Kasikornbank Public Company Limited (KBANK) | $27.44 Billion | 3.67% | 27.23x | $18.17 Billion |
| Kiatnakin Phatra Bank Public Company Limited (KKP) | $51.16 Billion | 12.35% | 7.52x | $2.97 Billion |
| Kiatnakin Phatra Bank Public Company Limited (KKP-R) | $40.52 Billion | 13.69% | 4.77x | $1.54 Billion |
| Krung Thai Bank Public Company Limited (KTB) | $355.06 Billion | 4.71% | 8.37x | $19.06 Billion |
| SCB X Public Company Limited (SCB) | $76.66 Billion | 16.25% | 8.74x | $16.00 Billion |
| The Siam Commercial Bank Public Company Limited (SCB-R) | $111.82 Billion | 15.52% | 9.42x | $13.22 Billion |
About TISCO Financial Group Public Company Limited
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