Super Turtle PCL
Super Turtle Public Company Limited engages in importing, producing, and distributing of publications primarily in Thailand. The company operates through Trading of Consumer Goods; Rental of Retail Space; and Publishing and Electronic Books segments. It is involved in renting out space for retail stores at BTS SkyTrain Stationand Klong Saen Saep Pier. The company also engages in the rental of mer… Read more
Super Turtle PCL (TURTLE) - Net Assets
Latest net assets as of June 2024: ฿3.74 Billion THB
Based on the latest financial reports, Super Turtle PCL (TURTLE) has net assets worth ฿3.74 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 (฿4.06 Billion) and total liabilities (฿317.84 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 | ฿3.74 Billion |
| % of Total Assets | 92.17% |
| Annual Growth Rate | 132.74% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 539.23 |
Super Turtle PCL - Net Assets Trend (2020–2023)
This chart illustrates how Super Turtle PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Super Turtle PCL (2020–2023)
The table below shows the annual net assets of Super Turtle PCL from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿3.90 Billion | -6.98% |
| 2022-12-31 | ฿4.19 Billion | +1144.66% |
| 2021-12-31 | ฿336.62 Million | +8.71% |
| 2020-12-31 | ฿309.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Super Turtle PCL'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 decreased by 40925189600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿4.76 Billion | 122.02% |
| Total Equity | ฿3.90 Billion | 100.00% |
Super Turtle PCL Competitors by Market Cap
The table below lists competitors of Super Turtle PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Steel Bhd
KLSE:5665
|
$21.81 Million |
|
Min Aik Precision Industrial Co Ltd
TW:4545
|
$21.81 Million |
|
Pakka Limited
NSE:PAKKA
|
$21.81 Million |
|
Star Comgistic Capital Co Ltd
TW:4930
|
$21.82 Million |
|
Partner
TA:PTNR
|
$21.80 Million |
|
Bubang Co. Ltd
KQ:014470
|
$21.79 Million |
|
Sun Brothers Development Co Ltd
TWO:3489
|
$21.79 Million |
|
Taiwan Taffeta Fabric Co Ltd
TW:1454
|
$21.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Super Turtle PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,189,718,155 to 3,897,137,768, a change of -292,580,387 (-7.0%).
- Net loss of 293,073,098 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-293.07 Million | -7.52% |
| Other Changes | ฿492.71K | +0.01% |
| Total Change | ฿- | -6.98% |
Book Value vs Market Value Analysis
This analysis compares Super Turtle PCL'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: 1.31x
- 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 5.81x to 1.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ฿0.55 | ฿3.20 | x |
| 2021-12-31 | ฿0.69 | ฿3.20 | x |
| 2022-12-31 | ฿2.64 | ฿3.20 | x |
| 2023-12-31 | ฿2.45 | ฿3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Super Turtle PCL 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): -7.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -93.81%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.10x
- Recent ROE (-7.52%) is below the historical average (-2.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -9.84% | -35.79% | 0.20x | 1.41x | ฿-53.54 Million |
| 2021 | 12.81% | 44.76% | 0.19x | 1.49x | ฿9.46 Million |
| 2022 | -4.33% | -127.50% | 0.03x | 1.06x | ฿-600.55 Million |
| 2023 | -7.52% | -93.81% | 0.07x | 1.10x | ฿-682.79 Million |
Industry Comparison
This section compares Super Turtle PCL's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $2,839,426,624
- Average return on equity (ROE) among peers: 5.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Super Turtle PCL (TURTLE) | ฿3.74 Billion | -9.84% | 0.09x | $21.81 Million |
| After You Public Company Limited (AU) | $982.44 Million | 18.14% | 0.43x | $32.04 Million |
| MK Restaurant Group Public Company Limited (M) | $13.80 Billion | 10.45% | 0.40x | $125.89 Million |
| MAGURO GROUP PUBLIC COMPANY LIMITED (MAGURO) | $279.71 Million | 11.35% | 1.26x | $24.09 Million |
| Mud & Hound Public Company Limited (MUD) | $2.14 Billion | -2.01% | 0.89x | $4.06 Million |
| Quantum D C Public Company Limited (QDC) | $460.18 Million | -23.66% | 2.26x | $26.64K |
| S&P Syndicate Public Company Limited (SNP) | $752.77 Million | 20.41% | 0.52x | $24.95 Million |
| ZEN Corporation Group Public Company Limited (ZEN) | $1.46 Billion | 3.90% | 1.23x | $24.02 Million |