TRP_AESTHETIC CONNECT
Aesthetic Connect Public Company Limited engages in cosmetic surgery services in Thailand. It offers facelift, facial fat injection, facial contour, endotine, double eyelid, swollen bags under the eyes, ptosis, double eye correction, rhinoplasty, nose correction, nose piercing, proactive healthcare, and skin services. The company was incorporated in 2016 and is headquartered in Bangkok, Thailand.
TRP_AESTHETIC CONNECT (TRP) - Net Assets
Latest net assets as of June 2024: ฿1.65 Billion THB
Based on the latest financial reports, TRP_AESTHETIC CONNECT (TRP) has net assets worth ฿1.65 Billion THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.75 Billion) and total liabilities (฿96.20 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 | ฿1.65 Billion |
| % of Total Assets | 94.49% |
| Annual Growth Rate | 116.15% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 68.1 |
TRP_AESTHETIC CONNECT - Net Assets Trend (2022–2024)
This chart illustrates how TRP_AESTHETIC CONNECT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TRP_AESTHETIC CONNECT (2022–2024)
The table below shows the annual net assets of TRP_AESTHETIC CONNECT from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | ฿1.68 Billion | +194.84% |
| 2023-06-30 | ฿569.33 Million | +58.64% |
| 2022-06-30 | ฿358.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TRP_AESTHETIC CONNECT'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 149.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿153.29 Million | 9.13% |
| Other Components | ฿1.53 Billion | 90.87% |
| Total Equity | ฿1.68 Billion | 100.00% |
TRP_AESTHETIC CONNECT Competitors by Market Cap
The table below lists competitors of TRP_AESTHETIC CONNECT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Betolar Oyj
HE:BETOLAR
|
$12.19 Million |
|
nForce Secure Public Company Limited
BK:SECURE
|
$12.19 Million |
|
Cauldron Energy Ltd
AU:CXU
|
$12.19 Million |
|
Kip Mcgrath Education Centres Ltd
AU:KME
|
$12.19 Million |
|
Amanah Leasing Public Company Limited
BK:AMANAH
|
$12.17 Million |
|
Soktas Tekstil Sanayi ve Ticaret AS
IS:SKTAS
|
$12.16 Million |
|
Impero AS
CO:IMPERO
|
$12.16 Million |
|
Eusol Biotech Co.,Ltd.
TWO:6652
|
$12.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TRP_AESTHETIC CONNECT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 569,327,332 to 1,678,596,965, a change of 1,109,269,633 (194.8%).
- Net income of 192,561,147 contributed positively to equity growth.
- Dividend payments of 302,012,000 reduced retained earnings.
- New share issuances of 1,218,720,486 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿192.56 Million | +11.47% |
| Dividends Paid | ฿302.01 Million | -17.99% |
| Share Issuances | ฿1.22 Billion | +72.6% |
| Other Changes | ฿-0.00 | -0.0% |
| Total Change | ฿- | 194.84% |
Book Value vs Market Value Analysis
This analysis compares TRP_AESTHETIC CONNECT'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: 0.94x
- 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 4.41x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-06-30 | ฿1.03 | ฿4.52 | x |
| 2023-06-30 | ฿1.63 | ฿4.52 | x |
| 2024-06-30 | ฿4.80 | ฿4.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TRP_AESTHETIC CONNECT 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): 11.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.20%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.07x
- Recent ROE (11.47%) is below the historical average (30.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 31.40% | 26.35% | 0.91x | 1.31x | ฿76.79 Million |
| 2023 | 47.47% | 31.66% | 1.06x | 1.41x | ฿213.34 Million |
| 2024 | 11.47% | 27.20% | 0.39x | 1.07x | ฿24.70 Million |
Industry Comparison
This section compares TRP_AESTHETIC CONNECT's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $2,892,225,945
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TRP_AESTHETIC CONNECT (TRP) | ฿1.65 Billion | 31.40% | 0.06x | $12.17 Million |
| Aikchol Hospital Public Company Limited (AHC) | $1.55 Billion | 9.07% | 0.19x | $29.59 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $6.40 Billion | 17.03% | 0.97x | $429.99 Million |
| Bumrungrad Hospital PCL (BH) | $13.10 Billion | 26.23% | 0.63x | $3.50 Billion |
| Chularat Hospital Public Company Limited (CHG) | $1.12 Billion | 29.84% | 0.38x | $205.50 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.27 Billion | 8.36% | 0.67x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $106.33 Million | 39.99% | 1.05x | $9.07 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $953.94 Million | 16.80% | 0.15x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $123.73 Million | 56.28% | 0.53x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $123.08 Million | 37.33% | 0.31x | $7.20 Million |