Taokaenoi Food & Marketing Public Company Limited (TKN) - Net Assets
Based on the latest financial reports, Taokaenoi Food & Marketing Public Company Limited (TKN) has net assets worth ฿2.08 Billion THB (≈ $64.94 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.00 Billion ≈ $124.80 Million USD) and total liabilities (฿1.92 Billion ≈ $59.87 Million 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. Check TKN asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿2.08 Billion |
| % of Total Assets | 52.03% |
| Annual Growth Rate | 22.24% |
| 5-Year Change | 16.55% |
| 10-Year Change | 27.85% |
| Growth Volatility | 111.18 |
Taokaenoi Food & Marketing Public Company Limited - Net Assets Trend (2011–2024)
This chart illustrates how Taokaenoi Food & Marketing Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Taokaenoi Food & Marketing Public Compan's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Taokaenoi Food & Marketing Public Company Limited (2011–2024)
The table below shows the annual net assets of Taokaenoi Food & Marketing Public Company Limited from 2011 to 2024. For live valuation and market cap data, see Taokaenoi Food & Marketing Public Compan (TKN) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.36 Billion ≈ $73.48 Million |
+5.57% |
| 2023-12-31 | ฿2.23 Billion ≈ $69.60 Million |
+7.38% |
| 2022-12-31 | ฿2.08 Billion ≈ $64.82 Million |
+4.21% |
| 2021-12-31 | ฿2.00 Billion ≈ $62.20 Million |
-1.34% |
| 2020-12-31 | ฿2.02 Billion ≈ $63.04 Million |
-5.54% |
| 2019-12-31 | ฿2.14 Billion ≈ $66.74 Million |
-1.25% |
| 2018-12-31 | ฿2.17 Billion ≈ $67.58 Million |
-0.36% |
| 2017-12-31 | ฿2.18 Billion ≈ $67.82 Million |
-2.05% |
| 2016-12-31 | ฿2.22 Billion ≈ $69.25 Million |
+20.48% |
| 2015-12-31 | ฿1.84 Billion ≈ $57.47 Million |
+422.96% |
| 2014-12-31 | ฿352.58 Million ≈ $10.99 Million |
+37.25% |
| 2013-12-31 | ฿256.89 Million ≈ $8.01 Million |
+4.59% |
| 2012-12-31 | ฿245.62 Million ≈ $7.66 Million |
+41.86% |
| 2011-12-31 | ฿173.14 Million ≈ $5.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Taokaenoi Food & Marketing 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 5610.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿750.46 Million | 31.83% |
| Common Stock | ฿345.00 Million | 14.63% |
| Other Comprehensive Income | ฿34.50 Million | 1.46% |
| Other Components | ฿1.23 Billion | 52.07% |
| Total Equity | ฿2.36 Billion | 100.00% |
Taokaenoi Food & Marketing Public Company Limited Competitors by Market Cap
The table below lists competitors of Taokaenoi Food & Marketing Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jyong Biotech Ltd. Ordinary Shares
NASDAQ:MENS
|
$171.06 Million |
|
Guerbet S. A.
PA:GBT
|
$171.08 Million |
|
BV Financial, Inc. Common Stock
NASDAQ:BVFL
|
$171.16 Million |
|
Silicon Power Computer & Communications
TWO:4973
|
$171.21 Million |
|
United Security Bancshares
NASDAQ:UBFO
|
$171.01 Million |
|
DNF Co.Ltd
KQ:092070
|
$170.88 Million |
|
Inveo Yatirim Holding AS
IS:INVEO
|
$170.67 Million |
|
Precision BioSciences Inc
NASDAQ:DTIL
|
$170.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taokaenoi Food & Marketing Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,230,443,599 to 2,357,377,254, a change of 126,933,655 (5.7%).
- Net income of 836,097,034 contributed positively to equity growth.
- Dividend payments of 621,010,688 reduced retained earnings.
- Other comprehensive income increased equity by 6,314,805.
- Other factors decreased equity by 94,467,496.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿836.10 Million | +35.47% |
| Dividends Paid | ฿621.01 Million | -26.34% |
| Other Comprehensive Income | ฿6.31 Million | +0.27% |
| Other Changes | ฿-94.47 Million | -4.01% |
| Total Change | ฿- | 5.69% |
Book Value vs Market Value Analysis
This analysis compares Taokaenoi Food & Marketing 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: 2.35x
- 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 10.47x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿0.38 | ฿4.02 | x |
| 2013-12-31 | ฿0.40 | ฿4.02 | x |
| 2014-12-31 | ฿0.26 | ฿4.02 | x |
| 2015-12-31 | ฿1.75 | ฿4.02 | x |
| 2016-12-31 | ฿1.62 | ฿4.02 | x |
| 2017-12-31 | ฿1.57 | ฿4.02 | x |
| 2018-12-31 | ฿1.56 | ฿4.02 | x |
| 2019-12-31 | ฿1.55 | ฿4.02 | x |
| 2020-12-31 | ฿1.47 | ฿4.02 | x |
| 2021-12-31 | ฿1.45 | ฿4.02 | x |
| 2022-12-31 | ฿1.51 | ฿4.02 | x |
| 2023-12-31 | ฿1.62 | ฿4.02 | x |
| 2024-12-31 | ฿1.71 | ฿4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taokaenoi Food & Marketing 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): 35.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.64%
- • Asset Turnover: 1.63x
- • Equity Multiplier: 1.48x
- Recent ROE (35.47%) is above the historical average (29.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 42.54% | 4.11% | 2.46x | 4.20x | ฿79.92 Million |
| 2013 | 49.95% | 4.72% | 2.50x | 4.24x | ฿102.62 Million |
| 2014 | 56.32% | 7.37% | 2.11x | 3.62x | ฿163.32 Million |
| 2015 | 21.53% | 11.34% | 1.24x | 1.53x | ฿212.56 Million |
| 2016 | 35.19% | 16.62% | 1.53x | 1.39x | ฿559.69 Million |
| 2017 | 27.96% | 11.56% | 1.58x | 1.53x | ฿390.84 Million |
| 2018 | 21.21% | 8.11% | 1.50x | 1.75x | ฿242.72 Million |
| 2019 | 17.11% | 6.95% | 1.42x | 1.73x | ฿152.15 Million |
| 2020 | 11.99% | 6.09% | 1.14x | 1.72x | ฿40.32 Million |
| 2021 | 9.12% | 5.04% | 1.05x | 1.73x | ฿-17.60 Million |
| 2022 | 20.89% | 9.96% | 1.36x | 1.54x | ฿226.60 Million |
| 2023 | 33.31% | 13.96% | 1.65x | 1.45x | ฿519.96 Million |
| 2024 | 35.47% | 14.64% | 1.63x | 1.48x | ฿600.36 Million |
Industry Comparison
This section compares Taokaenoi Food & Marketing Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,044,840,456
- Average return on equity (ROE) among peers: 0.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taokaenoi Food & Marketing Public Company Limited (TKN) | ฿2.08 Billion | 42.54% | 0.92x | $171.03 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $1.17 Billion | -38.64% | 2.90x | $180.99 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $1.43 Billion | 7.92% | 0.26x | $23.98 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.21 Billion | 1.06% | 0.70x | $15.02 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.35 Billion | 8.86% | 0.10x | $19.01 Million |
| GFPT Public Company Limited (GFPT) | $3.78 Billion | 28.67% | 0.98x | $357.59 Million |
| J.S.P. Property Public Company Limited (JSP) | $5.18 Billion | 9.40% | 0.76x | $28.10 Million |
| Thai Ha Public Company Limited (KASET) | $325.04 Million | -11.22% | 0.97x | $7.19 Million |
| Lee Feed Mill Public Company Limited (LEE) | $2.73 Billion | 6.85% | 0.15x | $69.45 Million |
| Malee Group Public Company Limited (MALEE) | $839.63 Million | -24.17% | 3.77x | $69.74 Million |
| President Bakery Public Company Limited (PB) | $12.44 Billion | 12.78% | 0.11x | $680.27 Million |
About Taokaenoi Food & Marketing Public Company Limited
Taokaenoi Food & Marketing Public Company Limited manufactures and distributes fried, grilled, and baked seaweed and seaweed snacks. The company operates in 3 segments: Snacks, Retailer, and Others. It also operates as a retailer of snacks, and food and beverage products. In addition, it is involved in the distribution of snacks and souvenirs; manufacture and distribution of seasoning powders; an… Read more