TV Thunder Public Company Limited
TV Thunder Public Company Limited operates as a television production company in Thailand. The company operates through four segments: Advertising Business; Services, Events, and Television Programme Production Business; Artist Management Business; and Other Business. It produces, manages, and promotes television programs, music, series, and movies. The company also provides artist management and… Read more
TV Thunder Public Company Limited (TVT) - Net Assets
Latest net assets as of September 2025: ฿602.43 Million THB
Based on the latest financial reports, TV Thunder Public Company Limited (TVT) has net assets worth ฿602.43 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 (฿641.39 Million) and total liabilities (฿38.95 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 | ฿602.43 Million |
| % of Total Assets | 93.93% |
| Annual Growth Rate | 8.61% |
| 5-Year Change | 1.66% |
| 10-Year Change | -9.89% |
| Growth Volatility | 47.46 |
TV Thunder Public Company Limited - Net Assets Trend (2012–2024)
This chart illustrates how TV Thunder 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 TV Thunder Public Company Limited (2012–2024)
The table below shows the annual net assets of TV Thunder Public Company Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿619.20 Million | +1.60% |
| 2023-12-31 | ฿609.43 Million | +1.30% |
| 2022-12-31 | ฿601.61 Million | -4.76% |
| 2021-12-31 | ฿631.69 Million | +3.71% |
| 2020-12-31 | ฿609.11 Million | -0.56% |
| 2019-12-31 | ฿612.52 Million | -9.14% |
| 2018-12-31 | ฿674.17 Million | +5.63% |
| 2017-12-31 | ฿638.22 Million | -2.94% |
| 2016-12-31 | ฿657.53 Million | -4.31% |
| 2015-12-31 | ฿687.16 Million | +170.52% |
| 2014-12-31 | ฿254.02 Million | -3.78% |
| 2013-12-31 | ฿264.00 Million | +14.85% |
| 2012-12-31 | ฿229.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TV Thunder 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 decreased by 71.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿46.04 Million | 7.45% |
| Other Components | ฿572.17 Million | 92.55% |
| Total Equity | ฿618.21 Million | 100.00% |
TV Thunder Public Company Limited Competitors by Market Cap
The table below lists competitors of TV Thunder Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GARMIN N
HM:GEY
|
$1.99 Million |
|
ACCIONA - Dusseldorf Stock Exchang
DU:AJ3
|
$1.99 Million |
|
Birks Group Inc
NYSE MKT:BGI
|
$1.99 Million |
|
TREVI - Finanziaria Industriale S.p.A.
LSE:0G91
|
$1.99 Million |
|
Joe Holding Bhd
KLSE:7096
|
$1.99 Million |
|
Commcenter S.A.
MC:CMM
|
$1.99 Million |
|
AFP Capital SA
SN:AFPCAPITAL
|
$1.99 Million |
|
Prevision Sanitaria Nacional Gestion SOCIMI S.A.
MC:YPSN
|
$1.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TV Thunder Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 608,400,152 to 618,206,957, a change of 9,806,805 (1.6%).
- Net loss of 4,639,311 reduced equity.
- Other comprehensive income decreased equity by 9,035,788.
- Other factors increased equity by 23,481,904.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-4.64 Million | -0.75% |
| Other Comprehensive Income | ฿-9.04 Million | -1.46% |
| Other Changes | ฿23.48 Million | +3.8% |
| Total Change | ฿- | 1.61% |
Book Value vs Market Value Analysis
This analysis compares TV Thunder 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: 0.31x
- 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 increased from 0.15x to 0.31x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿1.58 | ฿0.24 | x |
| 2013-12-31 | ฿2.20 | ฿0.24 | x |
| 2014-12-31 | ฿1.04 | ฿0.24 | x |
| 2015-12-31 | ฿0.86 | ฿0.24 | x |
| 2016-12-31 | ฿0.79 | ฿0.24 | x |
| 2017-12-31 | ฿0.78 | ฿0.24 | x |
| 2018-12-31 | ฿0.84 | ฿0.24 | x |
| 2019-12-31 | ฿0.77 | ฿0.24 | x |
| 2020-12-31 | ฿0.76 | ฿0.24 | x |
| 2021-12-31 | ฿0.79 | ฿0.24 | x |
| 2022-12-31 | ฿0.75 | ฿0.24 | x |
| 2023-12-31 | ฿0.76 | ฿0.24 | x |
| 2024-12-31 | ฿0.77 | ฿0.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TV Thunder 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): -0.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.57%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.08x
- Recent ROE (-0.75%) is below the historical average (5.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 23.39% | 10.68% | 1.32x | 1.66x | ฿25.32 Million |
| 2013 | 10.85% | 6.12% | 1.21x | 1.47x | ฿2.25 Million |
| 2014 | 8.19% | 4.81% | 1.10x | 1.54x | ฿-4.59 Million |
| 2015 | 7.31% | 9.57% | 0.61x | 1.25x | ฿-18.46 Million |
| 2016 | 7.39% | 9.53% | 0.67x | 1.17x | ฿-17.11 Million |
| 2017 | 3.04% | 4.52% | 0.59x | 1.14x | ฿-44.41 Million |
| 2018 | 4.64% | 5.95% | 0.69x | 1.13x | ฿-35.93 Million |
| 2019 | 1.91% | 2.97% | 0.52x | 1.24x | ฿-49.51 Million |
| 2020 | -0.73% | -1.50% | 0.42x | 1.16x | ฿-65.27 Million |
| 2021 | 3.49% | 7.34% | 0.40x | 1.18x | ฿-41.02 Million |
| 2022 | -1.61% | -3.13% | 0.46x | 1.13x | ฿-69.69 Million |
| 2023 | -0.50% | -1.58% | 0.29x | 1.08x | ฿-63.87 Million |
| 2024 | -0.75% | -2.57% | 0.27x | 1.08x | ฿-66.46 Million |
Industry Comparison
This section compares TV Thunder Public Company Limited's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $1,588,636,219
- Average return on equity (ROE) among peers: -5.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TV Thunder Public Company Limited (TVT) | ฿602.43 Million | 23.39% | 0.06x | $1.99 Million |
| GMM Grammy Public Company Limited (GRAMMY) | $4.08 Billion | -56.68% | 2.92x | $19.80 Million |
| Matching Maximize Solution Public Company Limited (MATCH) | $731.11 Million | -6.62% | 0.48x | $3.19 Million |
| Mono Next Public Company Limited (MONO) | $3.09 Billion | 16.20% | 0.09x | $41.80 Million |
| RS Public Company Limited (RS-R) | $955.98 Million | -45.31% | 0.95x | $58.53 Million |
| Workpoint Entertainment Public Company Limited (WORK) | $1.20 Billion | 27.21% | 0.24x | $14.13 Million |
| Yggdrazil Group Public Company Limited (YGG) | $595.73 Million | 20.50% | 0.08x | $3.12 Million |
| ZALEKTA PUBLIC COMPANY LIMITED (ZAA) | $458.68 Million | 5.44% | 0.36x | $5.08 Million |