Rhom Bho Property Public Company Limited
Rhom Bho Property Public Company Limited, together with its subsidiaries, engages in the property development business in Thailand. It develops and rents residential condominiums; develops hotel properties; operates restaurant; and offers consulting and property management services. The company was founded in 1989 and is headquartered in Bangkok, Thailand. Rhom Bho Property Public Company Limited… Read more
Rhom Bho Property Public Company Limited (TITLE) - Net Assets
Latest net assets as of September 2025: ฿1.58 Billion THB
Based on the latest financial reports, Rhom Bho Property Public Company Limited (TITLE) has net assets worth ฿1.58 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 (฿13.67 Billion) and total liabilities (฿12.09 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 | ฿1.58 Billion |
| % of Total Assets | 11.55% |
| Annual Growth Rate | 54.17% |
| 5-Year Change | 60.73% |
| 10-Year Change | 660.18% |
| Growth Volatility | 406.95 |
Rhom Bho Property Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Rhom Bho Property 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 Rhom Bho Property Public Company Limited (2013–2024)
The table below shows the annual net assets of Rhom Bho Property Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.14 Billion | +35.84% |
| 2023-12-31 | ฿837.32 Million | +26.40% |
| 2022-12-31 | ฿662.45 Million | +11.60% |
| 2021-12-31 | ฿593.59 Million | -16.12% |
| 2020-12-31 | ฿707.66 Million | -6.83% |
| 2019-12-31 | ฿759.51 Million | +37.84% |
| 2018-12-31 | ฿551.02 Million | +4.95% |
| 2017-12-31 | ฿525.03 Million | +126.06% |
| 2016-12-31 | ฿232.25 Million | +55.22% |
| 2015-12-31 | ฿149.63 Million | +0.11% |
| 2014-12-31 | ฿149.47 Million | +1437.14% |
| 2013-12-31 | ฿9.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rhom Bho Property 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 3895.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿188.76 Million | 16.60% |
| Other Components | ฿948.67 Million | 83.40% |
| Total Equity | ฿1.14 Billion | 100.00% |
Rhom Bho Property Public Company Limited Competitors by Market Cap
The table below lists competitors of Rhom Bho Property Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rugvista Group AB
ST:RUG
|
$59.94 Million |
|
Dhanlaxmi Bank Limited
NSE:DHANBANK
|
$59.94 Million |
|
SIIC Environment Holdings Ltd
PINK:AWAEF
|
$59.96 Million |
|
PRUKSA HOLDING
BK:PSH-R
|
$59.98 Million |
|
Kitanotatsujin Corporation
PINK:KITAF
|
$59.92 Million |
|
Encounter Resources Limited
F:E6H
|
$59.91 Million |
|
Transgene SA
PINK:TRGNF
|
$59.90 Million |
|
ZenaTech Inc.
NASDAQ:ZENA
|
$59.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rhom Bho Property Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 837,322,970 to 1,137,433,356, a change of 300,110,386 (35.8%).
- Net income of 91,230,152 contributed positively to equity growth.
- New share issuances of 210,553,434 increased equity.
- Other comprehensive income decreased equity by 180,284,169.
- Other factors increased equity by 178,610,969.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿91.23 Million | +8.02% |
| Share Issuances | ฿210.55 Million | +18.51% |
| Other Comprehensive Income | ฿-180.28 Million | -15.85% |
| Other Changes | ฿178.61 Million | +15.7% |
| Total Change | ฿- | 35.84% |
Book Value vs Market Value Analysis
This analysis compares Rhom Bho Property 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: 5.71x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 15.49x to 5.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿0.54 | ฿8.30 | x |
| 2014-12-31 | ฿0.21 | ฿8.30 | x |
| 2015-12-31 | ฿0.21 | ฿8.30 | x |
| 2016-12-31 | ฿0.32 | ฿8.30 | x |
| 2017-12-31 | ฿0.95 | ฿8.30 | x |
| 2018-12-31 | ฿0.76 | ฿8.30 | x |
| 2019-12-31 | ฿1.03 | ฿8.30 | x |
| 2020-12-31 | ฿0.96 | ฿8.30 | x |
| 2021-12-31 | ฿0.81 | ฿8.30 | x |
| 2022-12-31 | ฿0.90 | ฿8.30 | x |
| 2023-12-31 | ฿1.14 | ฿8.30 | x |
| 2024-12-31 | ฿1.45 | ฿8.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rhom Bho Property 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): 8.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.29%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 7.78x
- Recent ROE (8.02%) is below the historical average (65.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 587.70% | 24.40% | 0.45x | 53.93x | ฿56.17 Million |
| 2014 | 116.76% | 29.60% | 1.83x | 2.15x | ฿159.57 Million |
| 2015 | 6.83% | 7.99% | 0.21x | 4.05x | ฿-4.74 Million |
| 2016 | 39.17% | 25.08% | 0.69x | 2.27x | ฿67.75 Million |
| 2017 | 7.79% | 13.91% | 0.30x | 1.85x | ฿-11.62 Million |
| 2018 | 5.12% | 9.05% | 0.18x | 3.18x | ฿-26.89 Million |
| 2019 | 30.85% | 18.35% | 1.11x | 1.52x | ฿158.37 Million |
| 2020 | -6.81% | -55.01% | 0.06x | 1.96x | ฿-118.97 Million |
| 2021 | -19.22% | -153.63% | 0.05x | 2.49x | ฿-173.43 Million |
| 2022 | 9.24% | 10.37% | 0.48x | 1.87x | ฿-5.06 Million |
| 2023 | 2.65% | 5.08% | 0.13x | 4.15x | ฿-61.52 Million |
| 2024 | 8.02% | 7.29% | 0.14x | 7.78x | ฿-22.51 Million |
Industry Comparison
This section compares Rhom Bho Property Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $5,782,610,297
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rhom Bho Property Public Company Limited (TITLE) | ฿1.58 Billion | 587.70% | 7.66x | $59.93 Million |
| Areeya Property Public Company Limited (A) | $3.11 Billion | -11.12% | 3.14x | $24.02 Million |
| Asset Five Group PCL (A5) | $1.40 Billion | 36.13% | 1.44x | $20.21 Million |
| AKS Corporation Public Company Limited (AKS) | $2.92 Billion | 4.40% | 1.17x | $2.35 Million |
| Alpha Divisions PCL (ALPHAX) | $187.30 Million | 8.66% | 0.63x | $54.26 Million |
| Amata Corporation Public Company Limited (AMATA-R) | $14.97 Billion | 9.41% | 0.96x | $384.26 Million |
| Ananda Development Public Company Limited (ANAN) | $4.92 Billion | -5.84% | 0.90x | $18.46 Million |
| AP (Thailand) Public Company Limited (AP-R) | $24.38 Billion | 15.86% | 1.02x | $605.57 Million |
| Arinsiri Land Public Company Limited (ARIN) | $9.74 Million | -2.64% | 28.78x | $5.22 Million |
| Bless Asset Group PCL (BLESS) | $582.78 Million | 10.14% | 1.76x | $1.59 Million |
| Britania PCL (BRI) | $5.35 Billion | 22.34% | 2.72x | $8.35 Million |