TV Thunder Public Company Limited (TVT) - Net Assets

Latest as of December 2025: ฿599.02 Million THB ≈ $18.67 Million USD

Based on the latest financial reports, TV Thunder Public Company Limited (TVT) has net assets worth ฿599.02 Million THB (≈ $18.67 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿626.61 Million ≈ $19.53 Million USD) and total liabilities (฿27.59 Million ≈ $859.95K 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 TV Thunder Public Company Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿599.02 Million
% of Total Assets	95.6%
Annual Growth Rate	7.65%
5-Year Change	-5.17%
10-Year Change	-8.9%
Growth Volatility	45.84

TV Thunder Public Company Limited - Net Assets Trend (2012–2025)

This chart illustrates how TV Thunder Public Company Limited's net assets have evolved over time, based on quarterly financial data. See TVT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for TV Thunder Public Company Limited (2012–2025)

The table below shows the annual net assets of TV Thunder Public Company Limited from 2012 to 2025. For live valuation and market cap data, see TVT stock market capitalisation.

Year	Net Assets	Change
2025-12-31	฿599.02 Million ≈ $18.67 Million	-3.26%
2024-12-31	฿619.20 Million ≈ $19.30 Million	+1.60%
2023-12-31	฿609.43 Million ≈ $19.00 Million	+1.30%
2022-12-31	฿601.61 Million ≈ $18.75 Million	-4.76%
2021-12-31	฿631.69 Million ≈ $19.69 Million	+3.71%
2020-12-31	฿609.11 Million ≈ $18.99 Million	-0.56%
2019-12-31	฿612.52 Million ≈ $19.09 Million	-9.14%
2018-12-31	฿674.17 Million ≈ $21.01 Million	+5.63%
2017-12-31	฿638.22 Million ≈ $19.89 Million	-2.94%
2016-12-31	฿657.53 Million ≈ $20.49 Million	-4.31%
2015-12-31	฿687.16 Million ≈ $21.42 Million	+170.52%
2014-12-31	฿254.02 Million ≈ $7.92 Million	-3.78%
2013-12-31	฿264.00 Million ≈ $8.23 Million	+14.85%
2012-12-31	฿229.86 Million ≈ $7.16 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 83.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿25.96 Million	4.33%
Other Components	฿573.06 Million	95.67%
Total Equity	฿599.02 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
Combigene AB ST:COMBI	$5.24 Million
CF Energy Corp V:CFY	$5.24 Million
VIA OPTRONICS AG SP.ADS/1 F:5UU1	$5.24 Million
Dangee Dums Limited NSE:DANGEE	$5.25 Million
Merino & Co. Ltd AU:MNC	$5.23 Million
Can Fite Biopharma Ltd TA:CANF	$5.23 Million
Hub Cyber Security Ltd. Ordinary Shares NASDAQ:HUBC	$5.21 Million
Pentanet Ltd AU:5GG	$5.21 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 2024 to 2025, total equity changed from 618,206,957 to 599,022,531, a change of -19,184,425 (-3.1%).
Net loss of 20,074,790 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-20.07 Million	-3.35%
Other Changes	฿890.36K	+0.15%
Total Change	฿-	-3.10%

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: 0.28x
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 0.13x to 0.28x 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	฿0.21	x
2013-12-31	฿2.20	฿0.21	x
2014-12-31	฿1.04	฿0.21	x
2015-12-31	฿0.86	฿0.21	x
2016-12-31	฿0.79	฿0.21	x
2017-12-31	฿0.78	฿0.21	x
2018-12-31	฿0.84	฿0.21	x
2019-12-31	฿0.77	฿0.21	x
2020-12-31	฿0.76	฿0.21	x
2021-12-31	฿0.79	฿0.21	x
2022-12-31	฿0.75	฿0.21	x
2023-12-31	฿0.76	฿0.21	x
2024-12-31	฿0.77	฿0.21	x
2025-12-31	฿0.75	฿0.21	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): -3.35%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -16.66%
• Asset Turnover: 0.19x
• Equity Multiplier: 1.05x
Recent ROE (-3.35%) is below the historical average (4.52%), 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
2025	-3.35%	-16.66%	0.19x	1.05x	฿-79.98 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: $3,537,514,346
Average return on equity (ROE) among peers: 2.93%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
TV Thunder Public Company Limited (TVT)	฿599.02 Million	23.39%	0.05x	$5.24 Million
GMM Grammy Public Company Limited (GRAMMY)	$3.61 Billion	19.39%	0.64x	$76.16 Million
Major Cineplex Group Public Company Limited (MAJOR)	$6.63 Billion	-8.15%	1.67x	$143.54 Million
Major Cineplex Group Public Company Limited (MAJOR-R)	$6.61 Billion	17.71%	1.12x	$196.08 Million
Matching Maximize Solution Public Company Limited (MATCH)	$1.26 Billion	-5.19%	0.22x	$21.68 Million
Mono Next Public Company Limited (MONO)	$1.23 Billion	-20.79%	2.44x	$97.37 Million
RS Public Company Limited (RS)	$1.26 Billion	22.35%	0.98x	$9.52 Million
Workpoint Entertainment Public Company Limited (WORK)	$4.18 Billion	-4.81%	0.17x	$47.90 Million

About TV Thunder Public Company Limited

BK:TVT Thailand Entertainment

Market Cap

$5.24 Million

฿168.01 Million THB

Market Cap Rank

#28476 Global

#610 in Thailand

Share Price

฿0.21

Change (1 day)

+0.00%

52-Week Range

฿0.19 - ฿0.33

All Time High

฿1.97