VS_VISERVE ENTERPRISE
Viserve Enterprise Public Company Limited, together with its subsidiaries, provides call center services in Thailand. It is also involved in debt collection; telemarketing and tele sales; product research and development; conduct of surveys through telephone interviews and on-site fieldwork; platform and software; and property auction services for management. The company was formerly known as Glo… Read more
VS_VISERVE ENTERPRISE (VS) - Net Assets
Latest net assets as of September 2024: ฿83.51 Million THB
Based on the latest financial reports, VS_VISERVE ENTERPRISE (VS) has net assets worth ฿83.51 Million THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿123.45 Million) and total liabilities (฿39.94 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 | ฿83.51 Million |
| % of Total Assets | 67.65% |
| Annual Growth Rate | -21.05% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.09 |
VS_VISERVE ENTERPRISE - Net Assets Trend (2020–2023)
This chart illustrates how VS_VISERVE ENTERPRISE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VS_VISERVE ENTERPRISE (2020–2023)
The table below shows the annual net assets of VS_VISERVE ENTERPRISE from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿109.79 Million | -55.98% |
| 2022-12-31 | ฿249.41 Million | +18.70% |
| 2021-12-31 | ฿210.12 Million | -5.76% |
| 2020-12-31 | ฿222.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VS_VISERVE ENTERPRISE'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 11389469400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿228.90 Million | 209.87% |
| Total Equity | ฿109.07 Million | 100.00% |
VS_VISERVE ENTERPRISE Competitors by Market Cap
The table below lists competitors of VS_VISERVE ENTERPRISE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chijet Motor Company, Inc. Ordinary Shares
NASDAQ:CJET
|
$824.78K |
|
Lingotes Especiales S.A.
LSE:0F3G
|
$825.34K |
|
XSLE
F:XSLE
|
$827.01K |
|
Whitemud Resources Inc.
OTCGREY:WHTEF
|
$827.83K |
|
Microwave Filter Company Inc
PINK:MFCO
|
$823.62K |
|
Malpac Holdings Bhd
KLSE:4936
|
$822.83K |
|
Providence Gold Mines Inc
PINK:PRRVF
|
$821.89K |
|
Monsenso AS
CO:MONSO
|
$821.77K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VS_VISERVE ENTERPRISE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 225,832,306 to 109,069,204, a change of -116,763,102 (-51.7%).
- Net loss of 117,703,817 reduced equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-117.70 Million | -107.92% |
| Other Changes | ฿940.72K | +0.86% |
| Total Change | ฿- | -51.70% |
Book Value vs Market Value Analysis
This analysis compares VS_VISERVE ENTERPRISE'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: 0.60x
- 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 0.29x to 0.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ฿0.89 | ฿0.26 | x |
| 2021-12-31 | ฿0.84 | ฿0.26 | x |
| 2022-12-31 | ฿0.90 | ฿0.26 | x |
| 2023-12-31 | ฿0.44 | ฿0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VS_VISERVE ENTERPRISE 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): -107.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -82.97%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.22x
- Recent ROE (-107.92%) is below the historical average (-28.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -3.62% | -7.88% | 0.40x | 1.15x | ฿-30.36 Million |
| 2021 | -7.44% | -17.76% | 0.37x | 1.14x | ฿-36.65 Million |
| 2022 | 6.86% | 13.42% | 0.39x | 1.31x | ฿-7.09 Million |
| 2023 | -107.92% | -82.97% | 1.07x | 1.22x | ฿-128.61 Million |
Industry Comparison
This section compares VS_VISERVE ENTERPRISE's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $455,125,365
- Average return on equity (ROE) among peers: 12.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VS_VISERVE ENTERPRISE (VS) | ฿83.51 Million | -3.62% | 0.48x | $824.65K |
| ARIP Public Company Limited (ARIP) | $213.40 Million | 2.44% | 0.21x | $2.22 Million |
| Eastern Power Group Public Company Limited (EP) | $673.40 Million | 17.93% | 0.15x | $8.74 Million |
| Global Service Center Public Company Limited (GSC) | $19.90 Million | 23.01% | 1.15x | $1.36 Million |
| Kingsmen C.M.T.I. Public Company Limited (K) | $401.04 Million | 13.35% | 0.62x | $4.03 Million |
| NICE CALL PUBLIC COMPANY LIMITED (NCP) | $88.13 Million | 22.94% | 0.33x | $1.52 Million |
| PEER FOR YOU PUBLIC COMPANY LIMITED (PEER) | $563.01 Million | -8.68% | 0.24x | $2.06 Million |
| Qualitech Public Company Limited (QLT) | $448.28 Million | 23.14% | 0.20x | $2.93 Million |
| Salee Printing Public Company Limited (SLP) | $850.51 Million | 7.14% | 0.15x | $3.71 Million |
| T.K.S. Technologies Public Company Limited (TKS) | $838.45 Million | 7.54% | 2.04x | $49.65 Million |