Srivichaivejvivat Public Company Limited (VIH) - Net Assets
Based on the latest financial reports, Srivichaivejvivat Public Company Limited (VIH) has net assets worth ฿3.69 Billion THB (≈ $114.91 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.29 Billion ≈ $133.74 Million USD) and total liabilities (฿604.07 Million ≈ $18.83 Million 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 how resilient are Srivichaivejvivat Public Company Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿3.69 Billion |
| % of Total Assets | 85.92% |
| Annual Growth Rate | 14.87% |
| 5-Year Change | 150.69% |
| 10-Year Change | 286.85% |
| Growth Volatility | 18.75 |
Srivichaivejvivat Public Company Limited - Net Assets Trend (2008–2024)
This chart illustrates how Srivichaivejvivat Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Srivichaivejvivat Public Company Limited balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Srivichaivejvivat Public Company Limited (2008–2024)
The table below shows the annual net assets of Srivichaivejvivat Public Company Limited from 2008 to 2024. For live valuation and market cap data, see VIH market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.52 Billion ≈ $109.71 Million |
+15.91% |
| 2023-12-31 | ฿3.04 Billion ≈ $94.65 Million |
+0.95% |
| 2022-12-31 | ฿3.01 Billion ≈ $93.76 Million |
+15.89% |
| 2021-12-31 | ฿2.60 Billion ≈ $80.90 Million |
+84.86% |
| 2020-12-31 | ฿1.40 Billion ≈ $43.76 Million |
+8.30% |
| 2019-12-31 | ฿1.30 Billion ≈ $40.41 Million |
+10.66% |
| 2018-12-31 | ฿1.17 Billion ≈ $36.52 Million |
+10.19% |
| 2017-12-31 | ฿1.06 Billion ≈ $33.14 Million |
+5.67% |
| 2016-12-31 | ฿1.01 Billion ≈ $31.36 Million |
+10.59% |
| 2015-12-31 | ฿909.88 Million ≈ $28.36 Million |
+11.00% |
| 2014-12-31 | ฿819.70 Million ≈ $25.55 Million |
+3.39% |
| 2013-12-31 | ฿792.82 Million ≈ $24.71 Million |
+6.67% |
| 2012-12-31 | ฿743.23 Million ≈ $23.17 Million |
+25.18% |
| 2011-12-31 | ฿593.74 Million ≈ $18.51 Million |
+13.74% |
| 2010-12-31 | ฿522.04 Million ≈ $16.27 Million |
+21.28% |
| 2009-12-31 | ฿430.44 Million ≈ $13.42 Million |
+12.43% |
| 2008-12-31 | ฿382.87 Million ≈ $11.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Srivichaivejvivat 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 9527.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.51 Billion | 71.45% |
| Other Components | ฿1.00 Billion | 28.55% |
| Total Equity | ฿3.51 Billion | 100.00% |
Srivichaivejvivat Public Company Limited Competitors by Market Cap
The table below lists competitors of Srivichaivejvivat Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RF Acquisition Corp II Ordinary Shares
NASDAQ:RFAI
|
$162.14 Million |
|
Hanover Bancorp Inc
NASDAQ:HNVR
|
$162.19 Million |
|
Stoneridge Inc
NYSE:SRI
|
$162.22 Million |
|
LG Household & Healthcare Ltd Pref
KO:051905
|
$162.23 Million |
|
The Lovesac Company
NASDAQ:LOVE
|
$162.10 Million |
|
888 Holdings plc
F:C8V
|
$162.10 Million |
|
Imarketkorea
KO:122900
|
$162.05 Million |
|
NoHo Partners Oyj
HE:NOHO
|
$162.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Srivichaivejvivat Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,029,068,618 to 3,513,901,016, a change of 484,832,398 (16.0%).
- Net income of 314,381,469 contributed positively to equity growth.
- Dividend payments of 113,803,010 reduced retained earnings.
- New share issuances of 303,031,962 increased equity.
- Other comprehensive income decreased equity by 60,565,867.
- Other factors increased equity by 41,787,844.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿314.38 Million | +8.95% |
| Dividends Paid | ฿113.80 Million | -3.24% |
| Share Issuances | ฿303.03 Million | +8.62% |
| Other Comprehensive Income | ฿-60.57 Million | -1.72% |
| Other Changes | ฿41.79 Million | +1.19% |
| Total Change | ฿- | 16.01% |
Book Value vs Market Value Analysis
This analysis compares Srivichaivejvivat 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: 1.48x
- 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 5.84x to 1.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿1.46 | ฿8.55 | x |
| 2011-12-31 | ฿1.49 | ฿8.55 | x |
| 2012-12-31 | ฿1.39 | ฿8.55 | x |
| 2013-12-31 | ฿1.28 | ฿8.55 | x |
| 2014-12-31 | ฿1.43 | ฿8.55 | x |
| 2015-12-31 | ฿1.59 | ฿8.55 | x |
| 2016-12-31 | ฿1.76 | ฿8.55 | x |
| 2017-12-31 | ฿1.86 | ฿8.55 | x |
| 2018-12-31 | ฿2.05 | ฿8.55 | x |
| 2019-12-31 | ฿2.27 | ฿8.55 | x |
| 2020-12-31 | ฿2.46 | ฿8.55 | x |
| 2021-12-31 | ฿4.54 | ฿8.55 | x |
| 2022-12-31 | ฿5.26 | ฿8.55 | x |
| 2023-12-31 | ฿5.31 | ฿8.55 | x |
| 2024-12-31 | ฿5.77 | ฿8.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Srivichaivejvivat 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): 8.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.19%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.17x
- Recent ROE (8.95%) is below the historical average (14.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 12.55% | 6.13% | 0.95x | 2.16x | ฿11.93 Million |
| 2011 | 6.65% | 3.68% | 0.98x | 1.84x | ฿-19.41 Million |
| 2012 | 1.24% | 0.90% | 0.92x | 1.50x | ฿-63.70 Million |
| 2013 | 7.87% | 5.52% | 0.99x | 1.45x | ฿-16.56 Million |
| 2014 | 11.53% | 7.57% | 0.96x | 1.58x | ฿12.54 Million |
| 2015 | 11.17% | 7.55% | 0.93x | 1.59x | ฿10.62 Million |
| 2016 | 15.24% | 8.91% | 0.98x | 1.74x | ฿52.60 Million |
| 2017 | 11.80% | 6.38% | 1.08x | 1.71x | ฿19.11 Million |
| 2018 | 15.09% | 7.86% | 1.13x | 1.70x | ฿59.52 Million |
| 2019 | 15.44% | 8.05% | 1.12x | 1.71x | ฿70.39 Million |
| 2020 | 13.29% | 8.19% | 0.98x | 1.65x | ฿46.11 Million |
| 2021 | 48.46% | 26.61% | 1.30x | 1.41x | ฿996.19 Million |
| 2022 | 23.21% | 19.11% | 0.98x | 1.24x | ฿396.48 Million |
| 2023 | 9.37% | 10.38% | 0.76x | 1.19x | ฿-19.04 Million |
| 2024 | 8.95% | 11.19% | 0.68x | 1.17x | ฿-37.01 Million |
Industry Comparison
This section compares Srivichaivejvivat 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: $5,288,381,762
- Average return on equity (ROE) among peers: 15.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Srivichaivejvivat Public Company Limited (VIH) | ฿3.69 Billion | 12.55% | 0.16x | $162.13 Million |
| Aikchol Hospital Public Company Limited (AHC) | $2.07 Billion | 13.11% | 0.19x | $64.48 Million |
| Bangkok Chain Hospital Public Company Limited (BCH) | $13.70 Billion | 10.26% | 0.29x | $722.94 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $4.67 Billion | 11.18% | 1.14x | $1.03 Billion |
| Bangkok Dusit Medical Services Public Company Limited (BDMS) | $1.96 Billion | 9.18% | 1.26x | $9.06 Billion |
| Bumrungrad Hospital PCL (BH) | $4.87 Billion | 24.48% | 0.67x | $4.47 Billion |
| Bumrungrad Hospital Public Company Limited (BH-R) | $16.70 Billion | 23.61% | 0.41x | $4.61 Billion |
| Chularat Hospital Public Company Limited (CHG) | $4.19 Billion | 20.91% | 0.48x | $490.29 Million |
| Chularat Hospital Public Company Limited (CHG-R) | $2.97 Billion | 18.13% | 0.20x | $589.72 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $1.67 Billion | 12.28% | 0.76x | $163.69 Million |
| Dental Corporation Public Company Limited (D) | $82.57 Million | 14.90% | 1.80x | $30.08 Million |
About Srivichaivejvivat Public Company Limited
Srivichaivejvivat Public Company Limited, together with its subsidiaries, engages in the hospital business in Thailand. The company offers medical services, such as accidental and emergency center, pediatric clinic, obstetrics and gynecology center, orthopedic center, stroke system center, health examination center, gastroenterology and liver clinic, internal medical clinic, heart and vascular ce… Read more