TVD Holdings PCL
TVD Holdings Public Company Limited, together with its subsidiaries, sells goods and services through various marketing channels. The company operates through five segments: Sales, Provides Secured Loans, Investment, Media, and Services. It also produces and sells TV programs, and air time for advertising. In addition, the company engages in the satellite signal rental; investing in fiber optic d… Read more
TVD Holdings PCL (TVDH) - Net Assets
Latest net assets as of September 2025: ฿570.61 Million THB
Based on the latest financial reports, TVD Holdings PCL (TVDH) has net assets worth ฿570.61 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.20 Billion) and total liabilities (฿626.42 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 | ฿570.61 Million |
| % of Total Assets | 47.67% |
| Annual Growth Rate | 8.99% |
| 5-Year Change | -5.84% |
| 10-Year Change | -21.56% |
| Growth Volatility | 38.48 |
TVD Holdings PCL - Net Assets Trend (2010–2024)
This chart illustrates how TVD Holdings 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 TVD Holdings PCL (2010–2024)
The table below shows the annual net assets of TVD Holdings PCL from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿677.22 Million | +5.60% |
| 2023-12-31 | ฿641.29 Million | -34.72% |
| 2022-12-31 | ฿982.44 Million | +68.03% |
| 2021-12-31 | ฿584.69 Million | -18.70% |
| 2020-12-31 | ฿719.20 Million | -3.20% |
| 2019-12-31 | ฿743.01 Million | -1.06% |
| 2018-12-31 | ฿750.97 Million | +3.59% |
| 2017-12-31 | ฿724.97 Million | -11.15% |
| 2016-12-31 | ฿815.97 Million | -5.49% |
| 2015-12-31 | ฿863.38 Million | -0.39% |
| 2014-12-31 | ฿866.73 Million | +16.80% |
| 2013-12-31 | ฿742.07 Million | +121.67% |
| 2012-12-31 | ฿334.76 Million | +43.05% |
| 2011-12-31 | ฿234.02 Million | +15.30% |
| 2010-12-31 | ฿202.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TVD Holdings 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 6149.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿1.40 Billion | 212.50% |
| Total Equity | ฿660.51 Million | 100.00% |
TVD Holdings PCL Competitors by Market Cap
The table below lists competitors of TVD Holdings PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Star Vault AB (publ)
PINK:SRVTF
|
$2.14 Million |
|
2F5
F:2F5
|
$2.14 Million |
|
PT Cahayasakti Investindo Sukses Tbk
JK:CSIS
|
$2.14 Million |
|
Hacisco JSC
VN:HAS
|
$2.14 Million |
|
Aruma Resources Ltd
AU:AAJ
|
$2.13 Million |
|
Acticor Biotech SAS
PA:ALACT
|
$2.13 Million |
|
Visionary Gold Corp
PINK:VIZNF
|
$2.13 Million |
|
Deltamac Taiwan Co Ltd
TWO:6144
|
$2.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TVD Holdings PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 641,289,461 to 660,508,939, a change of 19,219,478 (3.0%).
- Net income of 22,126,181 contributed positively to equity growth.
- Other comprehensive income decreased equity by 96,458,868.
- Other factors increased equity by 93,552,165.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿22.13 Million | +3.35% |
| Other Comprehensive Income | ฿-96.46 Million | -14.6% |
| Other Changes | ฿93.55 Million | +14.16% |
| Total Change | ฿- | 3.00% |
Book Value vs Market Value Analysis
This analysis compares TVD Holdings 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: 0.16x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿0.48 | ฿0.06 | x |
| 2011-12-31 | ฿1.00 | ฿0.06 | x |
| 2012-12-31 | ฿0.73 | ฿0.06 | x |
| 2013-12-31 | ฿1.96 | ฿0.06 | x |
| 2014-12-31 | ฿1.09 | ฿0.06 | x |
| 2015-12-31 | ฿1.06 | ฿0.06 | x |
| 2016-12-31 | ฿1.01 | ฿0.06 | x |
| 2017-12-31 | ฿0.91 | ฿0.06 | x |
| 2018-12-31 | ฿0.90 | ฿0.06 | x |
| 2019-12-31 | ฿0.88 | ฿0.06 | x |
| 2020-12-31 | ฿0.99 | ฿0.06 | x |
| 2021-12-31 | ฿0.63 | ฿0.06 | x |
| 2022-12-31 | ฿0.66 | ฿0.06 | x |
| 2023-12-31 | ฿0.37 | ฿0.06 | x |
| 2024-12-31 | ฿0.38 | ฿0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TVD Holdings 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): 3.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.63%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.29x
- Recent ROE (3.35%) is above the historical average (-6.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 17.18% | 2.44% | 2.78x | 2.53x | ฿14.58 Million |
| 2011 | 15.08% | 1.86% | 2.46x | 3.30x | ฿11.91 Million |
| 2012 | 14.70% | 2.23% | 2.24x | 2.95x | ฿15.93 Million |
| 2013 | 5.61% | 1.87% | 1.70x | 1.76x | ฿-32.28 Million |
| 2014 | -1.51% | -0.42% | 1.55x | 2.33x | ฿-81.35 Million |
| 2015 | -5.91% | -1.34% | 1.65x | 2.67x | ฿-109.34 Million |
| 2016 | 2.18% | 0.42% | 2.02x | 2.56x | ฿-51.40 Million |
| 2017 | -11.09% | -1.99% | 2.16x | 2.58x | ฿-125.24 Million |
| 2018 | 9.29% | 1.45% | 2.74x | 2.35x | ฿-4.39 Million |
| 2019 | 4.73% | 0.69% | 2.87x | 2.38x | ฿-32.08 Million |
| 2020 | 4.06% | 0.79% | 2.80x | 1.84x | ฿-41.52 Million |
| 2021 | -48.85% | -9.73% | 1.98x | 2.54x | ฿-320.11 Million |
| 2022 | -39.40% | -18.67% | 1.07x | 1.96x | ฿-496.31 Million |
| 2023 | -65.33% | -23.56% | 1.19x | 2.34x | ฿-483.08 Million |
| 2024 | 3.35% | 1.63% | 0.90x | 2.29x | ฿-43.92 Million |
Industry Comparison
This section compares TVD Holdings PCL's net assets metrics with peer companies in the Internet Retail industry.
No peer company data available for comparison.