WHA UTILITIES AND PO (WHAUP-R) - Net Assets

Latest as of September 2024: ฿13.65 Billion THB ≈ $425.58 Million USD

Based on the latest financial reports, WHA UTILITIES AND PO (WHAUP-R) has net assets worth ฿13.65 Billion THB (≈ $425.58 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿31.15 Billion ≈ $970.79 Million USD) and total liabilities (฿17.49 Billion ≈ $545.21 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 WHA UTILITIES AND PO's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ฿13.65 Billion
% of Total Assets 43.84%
Annual Growth Rate 33.05%
5-Year Change 0.05%
10-Year Change 1576.69%
Growth Volatility 343.43

WHA UTILITIES AND PO - Net Assets Trend (2013–2023)

This chart illustrates how WHA UTILITIES AND PO's net assets have evolved over time, based on quarterly financial data. Also explore WHA UTILITIES AND PO asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for WHA UTILITIES AND PO (2013–2023)

The table below shows the annual net assets of WHA UTILITIES AND PO from 2013 to 2023. For live valuation and market cap data, see WHA UTILITIES AND PO market capitalisation.

Year Net Assets Change
2023-12-31 ฿13.57 Billion
≈ $422.86 Million		 +7.49%
2022-12-31 ฿12.62 Billion
≈ $393.40 Million		 +1.92%
2021-12-31 ฿12.38 Billion
≈ $386.00 Million		 +1.87%
2020-12-31 ฿12.16 Billion
≈ $378.93 Million		 -10.34%
2019-12-31 ฿13.56 Billion
≈ $422.63 Million		 -3.49%
2018-12-31 ฿14.05 Billion
≈ $437.90 Million		 +11.71%
2017-12-31 ฿12.58 Billion
≈ $392.01 Million		 +69.51%
2016-12-31 ฿7.42 Billion
≈ $231.26 Million		 -26.54%
2015-12-31 ฿10.10 Billion
≈ $314.81 Million		 +1148.27%
2014-12-31 ฿809.14 Million
≈ $25.22 Million		 +3.63%
2013-12-31 ฿780.82 Million
≈ $24.34 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to WHA UTILITIES AND PO'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 3496.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings ฿3.96 Billion 29.22%
Common Stock ฿3.83 Billion 28.19%
Other Comprehensive Income ฿3.22 Billion 23.73%
Other Components ฿2.56 Billion 18.85%
Total Equity ฿13.57 Billion 100.00%

WHA UTILITIES AND PO Competitors by Market Cap

The table below lists competitors of WHA UTILITIES AND PO ranked by their market capitalization.

Company Market Cap
Konya Cimento Sanayi AS
IS:KONYA
 $469.90 Million
Bumble Inc
NASDAQ:BMBL
 $469.93 Million
FIREWEED METALS CORP.
F:M0G
 $469.95 Million
Marimekko Oyj
HE:MEKKO
 $470.05 Million
Abm Investama Tbk
JK:ABMM
 $469.45 Million
AA Industrial Belting
SHG:603580
 $469.44 Million
Krishana Phoschem Limited
NSE:KRISHANA
 $469.42 Million
Beijing Succeeder Technology Inc
SHG:688338
 $469.38 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in WHA UTILITIES AND PO's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 12,621,424,544 to 13,566,723,029, a change of 945,298,485 (7.5%).
  • Net income of 1,631,256,406 contributed positively to equity growth.
  • Dividend payments of 611,951,690 reduced retained earnings.
  • Other comprehensive income increased equity by 2,880,715,993.
  • Other factors decreased equity by 2,954,722,224.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income ฿1.63 Billion +12.02%
Dividends Paid ฿611.95 Million -4.51%
Other Comprehensive Income ฿2.88 Billion +21.23%
Other Changes ฿-2.95 Billion -21.78%
Total Change ฿- 7.49%

Book Value vs Market Value Analysis

This analysis compares WHA UTILITIES AND PO'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: 1.11x
  • 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 3.25x to 1.11x 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 ฿1.21 ฿3.94 x
2014-12-31 ฿0.21 ฿3.94 x
2015-12-31 ฿0.24 ฿3.94 x
2016-12-31 ฿3.18 ฿3.94 x
2017-12-31 ฿3.43 ฿3.94 x
2018-12-31 ฿3.67 ฿3.94 x
2019-12-31 ฿3.54 ฿3.94 x
2020-12-31 ฿3.18 ฿3.94 x
2021-12-31 ฿3.24 ฿3.94 x
2022-12-31 ฿3.30 ฿3.94 x
2023-12-31 ฿3.55 ฿3.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently WHA UTILITIES AND PO 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): 12.02%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 58.64%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 2.20x
  • Recent ROE (12.02%) is below the historical average (38.90%), 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 15.31% 16.16% 0.45x 2.11x ฿41.43 Million
2014 193.08% 107.83% 0.76x 2.35x ฿1.48 Billion
2015 130.69% 78.64% 0.13x 12.41x ฿1.13 Billion
2016 13.05% 60.48% 0.09x 2.51x ฿225.96 Million
2017 15.75% 121.25% 0.08x 1.70x ฿723.22 Million
2018 16.03% 131.82% 0.07x 1.69x ฿846.97 Million
2019 15.76% 115.07% 0.07x 1.95x ฿781.28 Million
2020 6.69% 47.86% 0.06x 2.15x ฿-402.98 Million
2021 5.94% 33.73% 0.08x 2.09x ฿-502.88 Million
2022 3.60% 18.59% 0.09x 2.19x ฿-808.00 Million
2023 12.02% 58.64% 0.09x 2.20x ฿274.58 Million

Industry Comparison

This section compares WHA UTILITIES AND PO's net assets metrics with peer companies in the Utilities - Regulated Water industry.

Industry Context

  • Industry: Utilities - Regulated Water
  • Average net assets among peers: $9,506,047,728
  • Average return on equity (ROE) among peers: 16.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
WHA UTILITIES AND PO (WHAUP-R) ฿13.65 Billion 15.31% 1.28x $469.73 Million
Eastern Water Resources Development and Management Public Company Limited (EASTW) $7.93 Billion 16.60% 0.70x $174.24 Million
TTW Public Company Limited (TTW) $15.28 Billion 19.19% 0.33x $1.14 Billion
TTW Public Company Limited (TTW-R) $4.71 Billion 19.51% 2.96x $1.15 Billion
WHA Utilities and Power Public Company Limited (WHAUP) $10.10 Billion 12.09% 0.15x $596.11 Million

About WHA UTILITIES AND PO

BK:WHAUP-R Thailand Utilities - Regulated Water
Market Cap
$469.73 Million
฿15.07 Billion THB
Market Cap Rank
#12913 Global
#130 in Thailand
Share Price
฿3.94
Change (1 day)
+2.07%
52-Week Range
฿2.90 - ฿3.94
All Time High
฿5.00
Categories
Companies in Thailand Utilities - Regulated Water
About

WHA Utilities and Power Public Company Limited provides utilities and water solutions in Thailand and internationally. It produces and distributes industrial water; and provides waste water treatment and management services to industrial estates. The company engages in the solar power business; investment in water and power businesses; natural gas distribution; and coal, gas, hydro, solar, and al… Read more