Eureka Design Public Company Limited
Eureka Design Public Company Limited, together with its subsidiaries, engages in the production and distribution of tap water in Thailand and internationally. The company operates through Manufacture and Sell Tap Water; Production and Distribution of Plastic Pellets; and Others segments. It is involved in the distribution of electronic component and closed-circuit television; and manufacture and … Read more
Eureka Design Public Company Limited (UREKA) - Net Assets
Latest net assets as of September 2025: ฿1.56 Billion THB
Based on the latest financial reports, Eureka Design Public Company Limited (UREKA) has net assets worth ฿1.56 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.88 Billion) and total liabilities (฿324.34 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 | ฿1.56 Billion |
| % of Total Assets | 82.76% |
| Annual Growth Rate | 29.19% |
| 5-Year Change | 367.41% |
| 10-Year Change | 562.09% |
| Growth Volatility | 60.23 |
Eureka Design Public Company Limited - Net Assets Trend (2010–2024)
This chart illustrates how Eureka Design 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 Eureka Design Public Company Limited (2010–2024)
The table below shows the annual net assets of Eureka Design Public Company Limited from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.50 Billion | +4.20% |
| 2023-12-31 | ฿1.44 Billion | +8.33% |
| 2022-12-31 | ฿1.33 Billion | +74.16% |
| 2021-12-31 | ฿762.70 Million | +137.76% |
| 2020-12-31 | ฿320.79 Million | +40.56% |
| 2019-12-31 | ฿228.22 Million | +3.44% |
| 2018-12-31 | ฿220.62 Million | +4.61% |
| 2017-12-31 | ฿210.91 Million | +27.72% |
| 2016-12-31 | ฿165.13 Million | -27.08% |
| 2015-12-31 | ฿226.46 Million | +13.39% |
| 2014-12-31 | ฿199.73 Million | -13.84% |
| 2013-12-31 | ฿231.80 Million | +185.85% |
| 2012-12-31 | ฿81.09 Million | +101.59% |
| 2011-12-31 | ฿40.23 Million | -3.21% |
| 2010-12-31 | ฿41.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eureka Design 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 grown by 310.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿136.14 Million | 9.07% |
| Other Components | ฿1.36 Billion | 90.93% |
| Total Equity | ฿1.50 Billion | 100.00% |
Eureka Design Public Company Limited Competitors by Market Cap
The table below lists competitors of Eureka Design Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avonmore Capital & Management Services Limited
NSE:AVONMORE
|
$9.64 Million |
|
Yw Company Limited
KQ:051390
|
$9.65 Million |
|
aap Implantate AG
F:AAQ1
|
$9.65 Million |
|
PCC Exol SA
WAR:PCX
|
$9.65 Million |
|
Airthings ASA
PINK:ARTGF
|
$9.64 Million |
|
J.S.P. Property Public Company Limited
BK:JSP
|
$9.64 Million |
|
NextCell Pharma AB
ST:NXTCL
|
$9.63 Million |
|
Bionano Genomics Inc
NASDAQ:BNGO
|
$9.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eureka Design Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,440,286,235 to 1,500,518,753, a change of 60,232,518 (4.2%).
- Net income of 63,731,580 contributed positively to equity growth.
- Other comprehensive income decreased equity by 9,919,185.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿63.73 Million | +4.25% |
| Other Comprehensive Income | ฿-9.92 Million | -0.66% |
| Other Changes | ฿6.42 Million | +0.43% |
| Total Change | ฿- | 4.18% |
Book Value vs Market Value Analysis
This analysis compares Eureka Design 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: 0.35x
- 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 0.01x to 0.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿22.82 | ฿0.29 | x |
| 2011-12-31 | ฿5.26 | ฿0.29 | x |
| 2012-12-31 | ฿0.32 | ฿0.29 | x |
| 2013-12-31 | ฿0.62 | ฿0.29 | x |
| 2014-12-31 | ฿0.44 | ฿0.29 | x |
| 2015-12-31 | ฿0.48 | ฿0.29 | x |
| 2016-12-31 | ฿0.34 | ฿0.29 | x |
| 2017-12-31 | ฿0.34 | ฿0.29 | x |
| 2018-12-31 | ฿0.32 | ฿0.29 | x |
| 2019-12-31 | ฿0.30 | ฿0.29 | x |
| 2020-12-31 | ฿0.40 | ฿0.29 | x |
| 2021-12-31 | ฿0.72 | ฿0.29 | x |
| 2022-12-31 | ฿0.90 | ฿0.29 | x |
| 2023-12-31 | ฿0.80 | ฿0.29 | x |
| 2024-12-31 | ฿0.82 | ฿0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eureka Design 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): 4.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.75%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.25x
- Recent ROE (4.25%) is above the historical average (-3.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 17.08% | 3.89% | 1.60x | 2.74x | ฿2.91 Million |
| 2011 | 9.83% | 1.65% | 1.60x | 3.73x | ฿-68.38K |
| 2012 | 21.42% | 5.47% | 1.51x | 2.60x | ฿8.93 Million |
| 2013 | 21.00% | 11.92% | 1.21x | 1.45x | ฿25.16 Million |
| 2014 | -9.50% | -5.79% | 1.11x | 1.48x | ฿-36.90 Million |
| 2015 | -24.67% | -14.49% | 0.82x | 2.07x | ฿-76.63 Million |
| 2016 | -48.27% | -33.43% | 0.77x | 1.87x | ฿-94.61 Million |
| 2017 | -22.23% | -18.82% | 0.69x | 1.71x | ฿-67.47 Million |
| 2018 | 5.46% | 3.22% | 0.79x | 2.14x | ฿-9.97 Million |
| 2019 | -9.05% | -8.42% | 0.69x | 1.55x | ฿-41.42 Million |
| 2020 | -35.53% | -407.35% | 0.05x | 1.87x | ฿-141.87 Million |
| 2021 | 2.79% | 22.09% | 0.09x | 1.44x | ฿-54.70 Million |
| 2022 | 5.46% | 28.17% | 0.15x | 1.28x | ฿-60.16 Million |
| 2023 | 4.17% | 18.88% | 0.18x | 1.23x | ฿-83.97 Million |
| 2024 | 4.25% | 23.75% | 0.14x | 1.25x | ฿-86.32 Million |
Industry Comparison
This section compares Eureka Design Public Company Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $383,328,366
- Average return on equity (ROE) among peers: 25.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eureka Design Public Company Limited (UREKA) | ฿1.56 Billion | 17.08% | 0.21x | $9.64 Million |
| Getabec Public Company Limited (GTB) | $635.11 Million | 6.80% | 0.66x | $5.16 Million |
| IROYAL_INTERROYAL ENGINEERING (IROYAL) | $135.14 Million | 15.85% | 0.27x | $10.51 Million |
| Kulthorn Kirby Public Company Limited (KKC) | $735.97 Million | 60.48% | 1.83x | $565.96K |
| Pioneer Motor Public Company Limited (PIMO) | $511.54 Million | 15.53% | 0.48x | $10.52 Million |
| Patkol Public Company Limited (PK) | $91.23 Million | 46.04% | 10.80x | $2.36 Million |
| Shrinkflex (Thailand) Public Company Limited (SFT) | $190.98 Million | 10.23% | 0.52x | $3.65 Million |