Vintcom Technology PCL

BK:VCOM Thailand Electronics & Computer Distribution
Market Cap
$29.04 Million
฿1.01 Billion THB
Market Cap Rank
#29500 Global
#576 in Thailand
Share Price
฿3.28
Change (1 day)
+0.61%
52-Week Range
฿2.10 - ฿3.50
All Time High
฿6.95
Categories
Companies in Thailand Electronics & Computer Distribution
About

Vintcom Technology Public Company Limited, together with its subsidiaries, trades in computer and equipment in Thailand, Myanmar, Cambodia, and internationally. The company operates in two segments, Sale of Goods and Rendering of Services. It provides a range of IT solutions and services, including servers, storage units, engineered systems or converged infrastructure solutions, network security,… Read more

Vintcom Technology PCL (VCOM) - Net Assets

Latest net assets as of September 2025: ฿611.02 Million THB

Based on the latest financial reports, Vintcom Technology PCL (VCOM) has net assets worth ฿611.02 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 (฿1.32 Billion) and total liabilities (฿706.20 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 ฿611.02 Million
% of Total Assets 46.39%
Annual Growth Rate 15.31%
5-Year Change 24.46%
10-Year Change 258.52%
Growth Volatility 37.8

Vintcom Technology PCL - Net Assets Trend (2012–2024)

This chart illustrates how Vintcom Technology 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 Vintcom Technology PCL (2012–2024)

The table below shows the annual net assets of Vintcom Technology PCL from 2012 to 2024.

Year Net Assets Change
2024-12-31 ฿628.18 Million -0.83%
2023-12-31 ฿633.44 Million -0.71%
2022-12-31 ฿637.95 Million +4.08%
2021-12-31 ฿612.94 Million +21.44%
2020-12-31 ฿504.72 Million -0.42%
2019-12-31 ฿506.83 Million +9.71%
2018-12-31 ฿461.95 Million +13.07%
2017-12-31 ฿408.55 Million +137.51%
2016-12-31 ฿172.02 Million -1.82%
2015-12-31 ฿175.21 Million +21.30%
2014-12-31 ฿144.45 Million +38.96%
2013-12-31 ฿103.95 Million -8.54%
2012-12-31 ฿113.65 Million --

Equity Component Analysis

This analysis shows how different components contribute to Vintcom Technology 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 grown by 288.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿184.93 Million 32.30%
Other Components ฿387.67 Million 67.70%
Total Equity ฿572.60 Million 100.00%

Vintcom Technology PCL Competitors by Market Cap

The table below lists competitors of Vintcom Technology PCL ranked by their market capitalization.

Company Market Cap
Cayman Tung Ling Co Ltd
TWO:2924
 		$8.00 Million
Skillful Craftsman Education Tech
NASDAQ:EDTK
 		$8.00 Million
Holistic Asset Finance Group Co. Ltd
PINK:HAFG
 		$8.00 Million
Taiwan Thick-Film Ind
TWO:6246
 		$8.00 Million
Accord Financial Corp
PINK:ACCFF
 		$8.00 Million
D.T.C. Enterprise PCL
BK:DTCENT
 		$8.00 Million
COSMOS HEALTH NEW DL-01
F:V67A
 		$8.00 Million
Mistral Iberia Real Estate SOCIMI S.A.
MC:YMIB
 		$7.99 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Vintcom Technology PCL's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 580,090,046 to 572,601,767, a change of -7,488,279 (-1.3%).
  • Net income of 87,664,983 contributed positively to equity growth.
  • Dividend payments of 92,101,272 reduced retained earnings.
  • Other comprehensive income decreased equity by 17,756,132.
  • Other factors increased equity by 14,704,142.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿87.66 Million +15.31%
Dividends Paid ฿92.10 Million -16.08%
Other Comprehensive Income ฿-17.76 Million -3.1%
Other Changes ฿14.70 Million +2.57%
Total Change ฿- -1.29%

Book Value vs Market Value Analysis

This analysis compares Vintcom Technology 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: 1.76x
  • 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 6.94x to 1.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 ฿0.47 ฿3.28 x
2014-12-31 ฿0.66 ฿3.28 x
2015-12-31 ฿0.80 ฿3.28 x
2016-12-31 ฿0.67 ฿3.28 x
2017-12-31 ฿1.66 ฿3.28 x
2018-12-31 ฿1.37 ฿3.28 x
2019-12-31 ฿1.47 ฿3.28 x
2020-12-31 ฿1.50 ฿3.28 x
2021-12-31 ฿1.84 ฿3.28 x
2022-12-31 ฿1.91 ฿3.28 x
2023-12-31 ฿1.89 ฿3.28 x
2024-12-31 ฿1.87 ฿3.28 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Vintcom Technology 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): 15.31%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.31%
  • • Asset Turnover: 1.16x
  • • Equity Multiplier: 2.48x
  • Recent ROE (15.31%) is below the historical average (21.84%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 46.46% 6.52% 1.64x 4.35x ฿37.90 Million
2014 28.04% 5.33% 1.69x 3.11x ฿26.06 Million
2015 23.62% 5.09% 2.18x 2.13x ฿23.87 Million
2016 27.70% 4.33% 1.79x 3.58x ฿25.95 Million
2017 14.68% 3.52% 2.01x 2.08x ฿17.33 Million
2018 14.25% 3.24% 1.47x 3.00x ฿17.43 Million
2019 15.18% 3.76% 1.53x 2.64x ฿22.78 Million
2020 19.90% 3.93% 1.56x 3.24x ฿44.62 Million
2021 22.55% 6.81% 1.44x 2.29x ฿70.43 Million
2022 19.11% 5.56% 1.39x 2.47x ฿53.36 Million
2023 15.23% 4.22% 1.43x 2.52x ฿30.35 Million
2024 15.31% 5.31% 1.16x 2.48x ฿30.40 Million

Industry Comparison

This section compares Vintcom Technology PCL's net assets metrics with peer companies in the Electronics & Computer Distribution industry.

Industry Context

  • Industry: Electronics & Computer Distribution
  • Average net assets among peers: $1,118,901,185
  • Average return on equity (ROE) among peers: 11.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Vintcom Technology PCL (VCOM) ฿611.02 Million 46.46% 1.16x $8.00 Million
Advice It Infinite Pcl (ADVICE) $228.63 Million 0.00% 8.39x $34.64 Million
AJ Advance Technology Public Company Limited (AJA) $1.09 Billion -17.11% 0.09x $22.60 Million
BPS TECHNOLOGY PUBLIC COMPANY LIMITED (BPS) $173.94 Million 11.56% 1.04x $1.82 Million
Comanche International Public Company Limited (COMAN) $349.09 Million 0.57% 0.19x $1.88 Million
Copperwired Public Company Limited (CPW) $775.30 Million 11.58% 1.43x $8.87 Million
Communication & System Solution Public Company Limited (CSS) $1.73 Billion 9.81% 1.22x $18.06 Million
IT City Public Company Limited (IT) $1.01 Billion 20.15% 0.58x $12.15K
Metro Systems Corporation Public Company Limited (MSC) $2.22 Billion 12.86% 0.70x $10.89 Million
Simat Technologies Public Company Limited (SIMAT) $83.88 Million 43.03% 1.00x $18.69 Million
SiS Distribution (Thailand) Public Company Limited (SIS) $3.53 Billion 19.49% 2.05x $76.19 Million