Vibhavadi Medical Center Public Company Limited
Vibhavadi Medical Center Public Company Limited operates a hospital under the Vibhavadi Hospital name in Thailand. It operates through two segments, Hospital and Others. The company provides medical services; and rental services and space rental. It engages in the beauty business; and operation of anti-aging center and specialized disease clinics. The company was founded in 1986 and is based in B… Read more
Vibhavadi Medical Center Public Company Limited (VIBHA) - Net Assets
Latest net assets as of September 2025: ฿12.44 Billion THB
Based on the latest financial reports, Vibhavadi Medical Center Public Company Limited (VIBHA) has net assets worth ฿12.44 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 (฿24.30 Billion) and total liabilities (฿11.86 Billion). 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 | ฿12.44 Billion |
| % of Total Assets | 51.17% |
| Annual Growth Rate | 12.92% |
| 5-Year Change | 33.08% |
| 10-Year Change | 103.61% |
| Growth Volatility | 32.15 |
Vibhavadi Medical Center Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Vibhavadi Medical Center 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 Vibhavadi Medical Center Public Company Limited (2000–2024)
The table below shows the annual net assets of Vibhavadi Medical Center Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿14.28 Billion | -11.92% |
| 2023-12-31 | ฿16.22 Billion | -10.93% |
| 2022-12-31 | ฿18.21 Billion | +19.35% |
| 2021-12-31 | ฿15.26 Billion | +42.13% |
| 2020-12-31 | ฿10.73 Billion | +3.49% |
| 2019-12-31 | ฿10.37 Billion | +10.63% |
| 2018-12-31 | ฿9.38 Billion | +0.09% |
| 2017-12-31 | ฿9.37 Billion | +1.50% |
| 2016-12-31 | ฿9.23 Billion | +31.55% |
| 2015-12-31 | ฿7.02 Billion | +9.40% |
| 2014-12-31 | ฿6.41 Billion | +13.59% |
| 2013-12-31 | ฿5.65 Billion | +13.49% |
| 2012-12-31 | ฿4.97 Billion | +25.27% |
| 2011-12-31 | ฿3.97 Billion | +157.22% |
| 2010-12-31 | ฿1.54 Billion | +4.58% |
| 2009-12-31 | ฿1.48 Billion | +6.91% |
| 2008-12-31 | ฿1.38 Billion | +6.98% |
| 2007-12-31 | ฿1.29 Billion | +5.11% |
| 2006-12-31 | ฿1.23 Billion | +1.86% |
| 2005-12-31 | ฿1.21 Billion | +3.27% |
| 2004-12-31 | ฿1.17 Billion | +1.92% |
| 2003-12-31 | ฿1.15 Billion | +6.46% |
| 2002-12-31 | ฿1.08 Billion | +35.64% |
| 2001-12-31 | ฿793.25 Million | +2.66% |
| 2000-12-31 | ฿772.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vibhavadi Medical Center 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 453215114600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿4.53 Billion | 39.70% |
| Other Components | ฿6.88 Billion | 60.30% |
| Total Equity | ฿11.42 Billion | 100.00% |
Vibhavadi Medical Center Public Company Limited Competitors by Market Cap
The table below lists competitors of Vibhavadi Medical Center Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STILLFRONT GRP AB SK-07
F:1YS0
|
$138.02 Million |
|
Baozun Inc
NASDAQ:BZUN
|
$138.03 Million |
|
RCI Hospitality Holdings Inc
NASDAQ:RICK
|
$138.05 Million |
|
COG Financial Services Ltd
AU:COG
|
$138.08 Million |
|
VEF AB (Publ)
PINK:VEFFF
|
$137.92 Million |
|
4DMedical Limited
PINK:FDMDF
|
$137.91 Million |
|
TruBridge Inc.
NASDAQ:TBRG
|
$137.90 Million |
|
CAMP4 THERAPEUTICS CORPORATION
NASDAQ:CAMP
|
$137.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vibhavadi Medical Center Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,886,100,286 to 11,416,595,755, a change of -1,469,504,531 (-11.4%).
- Net income of 698,606,420 contributed positively to equity growth.
- Dividend payments of 816,479,495 reduced retained earnings.
- Share repurchases of 194,232,974 reduced equity.
- Other comprehensive income decreased equity by 4,029,232,047.
- Other factors increased equity by 2,871,833,565.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿698.61 Million | +6.12% |
| Dividends Paid | ฿816.48 Million | -7.15% |
| Share Repurchases | ฿194.23 Million | -1.7% |
| Other Comprehensive Income | ฿-4.03 Billion | -35.29% |
| Other Changes | ฿2.87 Billion | +25.15% |
| Total Change | ฿- | -11.40% |
Book Value vs Market Value Analysis
This analysis compares Vibhavadi Medical Center 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: 1.65x
- 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 9.09x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿0.15 | ฿1.40 | x |
| 2005-12-31 | ฿0.16 | ฿1.40 | x |
| 2006-12-31 | ฿0.16 | ฿1.40 | x |
| 2007-12-31 | ฿0.16 | ฿1.40 | x |
| 2008-12-31 | ฿0.17 | ฿1.40 | x |
| 2009-12-31 | ฿0.18 | ฿1.40 | x |
| 2010-12-31 | ฿0.18 | ฿1.40 | x |
| 2011-12-31 | ฿0.36 | ฿1.40 | x |
| 2012-12-31 | ฿0.30 | ฿1.40 | x |
| 2013-12-31 | ฿0.37 | ฿1.40 | x |
| 2014-12-31 | ฿0.39 | ฿1.40 | x |
| 2015-12-31 | ฿0.41 | ฿1.40 | x |
| 2016-12-31 | ฿0.51 | ฿1.40 | x |
| 2017-12-31 | ฿0.48 | ฿1.40 | x |
| 2018-12-31 | ฿0.48 | ฿1.40 | x |
| 2019-12-31 | ฿0.53 | ฿1.40 | x |
| 2020-12-31 | ฿0.55 | ฿1.40 | x |
| 2021-12-31 | ฿0.82 | ฿1.40 | x |
| 2022-12-31 | ฿1.06 | ฿1.40 | x |
| 2023-12-31 | ฿0.95 | ฿1.40 | x |
| 2024-12-31 | ฿0.85 | ฿1.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vibhavadi Medical Center 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): 6.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.17%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 2.29x
- Recent ROE (6.12%) is below the historical average (7.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.78% | 1.33% | 0.36x | 1.62x | ฿-71.22 Million |
| 2001 | 2.57% | 4.15% | 0.40x | 1.55x | ฿-58.96 Million |
| 2002 | 0.32% | 0.53% | 0.34x | 1.76x | ฿-98.56 Million |
| 2003 | 3.71% | 6.03% | 0.52x | 1.18x | ฿-72.02 Million |
| 2004 | 5.20% | 9.83% | 0.45x | 1.19x | ฿-56.07 Million |
| 2005 | 4.66% | 8.37% | 0.46x | 1.22x | ฿-64.38 Million |
| 2006 | 7.18% | 10.53% | 0.45x | 1.51x | ฿-34.69 Million |
| 2007 | 6.68% | 9.19% | 0.49x | 1.47x | ฿-42.89 Million |
| 2008 | 9.25% | 11.84% | 0.59x | 1.32x | ฿-10.42 Million |
| 2009 | 8.81% | 10.99% | 0.58x | 1.38x | ฿-17.52 Million |
| 2010 | 10.95% | 12.05% | 0.69x | 1.31x | ฿14.69 Million |
| 2011 | 4.35% | 8.46% | 0.27x | 1.90x | ฿-175.39 Million |
| 2012 | 10.59% | 9.87% | 0.53x | 2.03x | ฿22.00 Million |
| 2013 | 12.75% | 12.10% | 0.49x | 2.13x | ฿117.80 Million |
| 2014 | 12.27% | 12.21% | 0.46x | 2.17x | ฿110.47 Million |
| 2015 | 13.90% | 13.63% | 0.47x | 2.15x | ฿206.46 Million |
| 2016 | 9.98% | 11.79% | 0.40x | 2.13x | ฿-1.33 Million |
| 2017 | 12.38% | 14.23% | 0.40x | 2.20x | ฿167.21 Million |
| 2018 | 10.18% | 11.18% | 0.42x | 2.19x | ฿12.94 Million |
| 2019 | 10.39% | 12.36% | 0.33x | 2.52x | ฿30.19 Million |
| 2020 | 5.70% | 7.73% | 0.28x | 2.59x | ฿-351.59 Million |
| 2021 | 14.81% | 24.41% | 0.26x | 2.33x | ฿586.62 Million |
| 2022 | 9.31% | 15.56% | 0.28x | 2.15x | ฿-99.41 Million |
| 2023 | 6.71% | 10.58% | 0.29x | 2.16x | ฿-423.49 Million |
| 2024 | 6.12% | 8.17% | 0.33x | 2.29x | ฿-443.05 Million |
Industry Comparison
This section compares Vibhavadi Medical Center Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $12,146,695,048
- Average return on equity (ROE) among peers: 10.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vibhavadi Medical Center Public Company Limited (VIBHA) | ฿12.44 Billion | 0.78% | 0.95x | $137.99 Million |
| Aikchol Hospital Public Company Limited (AHC) | $2.09 Billion | 6.07% | 0.17x | $29.15 Million |
| Bangkok Dusit Medical Services Public Company Limited (BDMS) | $98.87 Billion | 14.54% | 0.45x | $6.15 Billion |
| Bumrungrad Hospital PCL (BH) | $6.73 Billion | 23.58% | 1.00x | $3.43 Billion |
| Chularat Hospital Public Company Limited (CHG) | $8.26 Billion | 11.25% | 0.24x | $204.12 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $3.42 Billion | 11.31% | 0.63x | $21.83 Million |
| Dental Corporation Public Company Limited (D) | $33.68 Million | 0.00% | 3.96x | $9.20 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $862.00 Million | 13.60% | 0.12x | $56.43 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $566.32 Million | 13.68% | 0.13x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $189.39 Million | 11.18% | 0.76x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $434.98 Million | -3.82% | 0.13x | $7.10 Million |