Wyncoast Industrial Park Public Company Limited
Wyncoast Industrial Park Public Company Limited, together with its subsidiaries, sells and rents custom duty-free zones for the commercial and industrial activities worldwide. The company also operates and manages properties and assets; produces and sells electricity from solar roof top, as well as water; and engages in the construction business. The company was formerly known as Capetronic Inter… Read more
Wyncoast Industrial Park Public Company Limited (WIN) - Net Assets
Latest net assets as of September 2025: ฿451.36 Million THB
Based on the latest financial reports, Wyncoast Industrial Park Public Company Limited (WIN) has net assets worth ฿451.36 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 (฿804.29 Million) and total liabilities (฿352.93 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 | ฿451.36 Million |
| % of Total Assets | 56.12% |
| Annual Growth Rate | 0.98% |
| 5-Year Change | 56.95% |
| 10-Year Change | 73.31% |
| Growth Volatility | 28.41 |
Wyncoast Industrial Park Public Company Limited - Net Assets Trend (2002–2024)
This chart illustrates how Wyncoast Industrial Park 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 Wyncoast Industrial Park Public Company Limited (2002–2024)
The table below shows the annual net assets of Wyncoast Industrial Park Public Company Limited from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿433.33 Million | +1.30% |
| 2023-12-31 | ฿427.78 Million | +2.72% |
| 2022-12-31 | ฿416.46 Million | -5.53% |
| 2021-12-31 | ฿440.83 Million | +59.67% |
| 2020-12-31 | ฿276.10 Million | -21.05% |
| 2019-12-31 | ฿349.73 Million | -0.47% |
| 2018-12-31 | ฿351.37 Million | +1.63% |
| 2017-12-31 | ฿345.75 Million | +33.71% |
| 2016-12-31 | ฿258.57 Million | +3.42% |
| 2015-12-31 | ฿250.03 Million | +54.81% |
| 2014-12-31 | ฿161.51 Million | -2.32% |
| 2013-12-31 | ฿165.35 Million | +25.34% |
| 2012-12-31 | ฿131.92 Million | 0.00% |
| 2011-12-31 | ฿131.92 Million | -5.71% |
| 2010-12-31 | ฿139.90 Million | +1.71% |
| 2009-12-31 | ฿137.55 Million | -33.64% |
| 2008-12-31 | ฿207.28 Million | -31.07% |
| 2007-12-31 | ฿300.71 Million | -28.77% |
| 2006-12-31 | ฿422.20 Million | +34.29% |
| 2005-12-31 | ฿314.40 Million | +6.40% |
| 2004-12-31 | ฿295.49 Million | +56.08% |
| 2003-12-31 | ฿189.32 Million | -45.89% |
| 2002-12-31 | ฿349.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wyncoast Industrial Park 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 411412912100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿713.59 Million | 192.01% |
| Total Equity | ฿371.65 Million | 100.00% |
Wyncoast Industrial Park Public Company Limited Competitors by Market Cap
The table below lists competitors of Wyncoast Industrial Park Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Li-Ion Graphite Corp
PINK:GBBGF
|
$1.68 Million |
|
PROGRESSIVE (OHIO) - Dusseldorf Stock Exchang
DU:PGV
|
$1.68 Million |
|
PRODWARE INH. EO-65
F:9S6
|
$1.68 Million |
|
Invicta
JSE:IVT
|
$1.69 Million |
|
Netmedia Group S.A.
PA:ALNMG
|
$1.68 Million |
|
Talon International Inc
PINK:TALN
|
$1.68 Million |
|
AFYREN SAS EO 1-
F:90N
|
$1.68 Million |
|
GVP Infotech Limited
NSE:GVPTECH
|
$1.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wyncoast Industrial Park Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 364,362,648 to 371,650,776, a change of 7,288,128 (2.0%).
- Net income of 1,976,967 contributed positively to equity growth.
- Other comprehensive income decreased equity by 435,545,310.
- Other factors increased equity by 440,856,471.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.98 Million | +0.53% |
| Other Comprehensive Income | ฿-435.55 Million | -117.19% |
| Other Changes | ฿440.86 Million | +118.62% |
| Total Change | ฿- | 2.00% |
Book Value vs Market Value Analysis
This analysis compares Wyncoast Industrial Park 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: 0.38x
- 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 decreased from 1.00x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ฿0.25 | ฿0.25 | x |
| 2003-12-31 | ฿0.14 | ฿0.25 | x |
| 2004-12-31 | ฿0.21 | ฿0.25 | x |
| 2005-12-31 | ฿0.87 | ฿0.25 | x |
| 2006-12-31 | ฿1.07 | ฿0.25 | x |
| 2007-12-31 | ฿0.61 | ฿0.25 | x |
| 2008-12-31 | ฿0.42 | ฿0.25 | x |
| 2009-12-31 | ฿0.28 | ฿0.25 | x |
| 2010-12-31 | ฿0.29 | ฿0.25 | x |
| 2011-12-31 | ฿0.33 | ฿0.25 | x |
| 2012-12-31 | ฿0.27 | ฿0.25 | x |
| 2013-12-31 | ฿0.33 | ฿0.25 | x |
| 2014-12-31 | ฿0.31 | ฿0.25 | x |
| 2015-12-31 | ฿0.42 | ฿0.25 | x |
| 2016-12-31 | ฿0.42 | ฿0.25 | x |
| 2017-12-31 | ฿0.56 | ฿0.25 | x |
| 2018-12-31 | ฿0.55 | ฿0.25 | x |
| 2019-12-31 | ฿0.50 | ฿0.25 | x |
| 2020-12-31 | ฿0.37 | ฿0.25 | x |
| 2021-12-31 | ฿0.67 | ฿0.25 | x |
| 2022-12-31 | ฿0.63 | ฿0.25 | x |
| 2023-12-31 | ฿0.65 | ฿0.25 | x |
| 2024-12-31 | ฿0.66 | ฿0.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wyncoast Industrial Park 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): 0.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.14%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.09x
- Recent ROE (0.53%) is above the historical average (-21.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -219.98% | -1172.69% | 0.14x | 1.37x | ฿-804.70 Million |
| 2003 | -84.82% | -126.12% | 0.34x | 1.97x | ฿-179.51 Million |
| 2004 | -35.10% | -83.64% | 0.40x | 1.05x | ฿-133.28 Million |
| 2005 | 6.01% | 22.89% | 0.20x | 1.34x | ฿-12.53 Million |
| 2006 | -7.65% | -52.96% | 0.10x | 1.46x | ฿-74.51 Million |
| 2007 | -49.17% | -143.67% | 0.17x | 1.97x | ฿-177.94 Million |
| 2008 | -45.15% | -68.50% | 0.25x | 2.59x | ฿-114.32 Million |
| 2009 | -50.69% | -82.45% | 0.18x | 3.51x | ฿-83.48 Million |
| 2010 | 1.68% | 7.82% | 0.09x | 2.42x | ฿-11.64 Million |
| 2011 | -6.05% | -18.83% | 0.13x | 2.57x | ฿-21.17 Million |
| 2012 | 25.62% | 64.74% | 0.15x | 2.57x | ฿20.60 Million |
| 2013 | -4.13% | -15.32% | 0.11x | 2.36x | ฿-23.37 Million |
| 2014 | -2.37% | -7.80% | 0.12x | 2.49x | ฿-19.99 Million |
| 2015 | -1.98% | -6.93% | 0.11x | 2.52x | ฿-25.60 Million |
| 2016 | 3.72% | 10.34% | 0.14x | 2.49x | ฿-13.63 Million |
| 2017 | -2.36% | -8.10% | 0.14x | 2.04x | ฿-37.41 Million |
| 2018 | 1.93% | 6.23% | 0.14x | 2.23x | ฿-24.90 Million |
| 2019 | -8.29% | -17.45% | 0.19x | 2.44x | ฿-51.09 Million |
| 2020 | -34.70% | -87.84% | 0.13x | 3.14x | ฿-93.54 Million |
| 2021 | 17.74% | 94.48% | 0.09x | 2.14x | ฿28.99 Million |
| 2022 | -6.56% | -30.33% | 0.10x | 2.22x | ฿-58.63 Million |
| 2023 | 2.92% | 10.32% | 0.13x | 2.14x | ฿-25.80 Million |
| 2024 | 0.53% | 2.14% | 0.12x | 2.09x | ฿-35.19 Million |
Industry Comparison
This section compares Wyncoast Industrial Park Public Company Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $4,182,761,361
- Average return on equity (ROE) among peers: 3.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wyncoast Industrial Park Public Company Limited (WIN) | ฿451.36 Million | -219.98% | 0.78x | $1.68 Million |
| Amata VN PCL (AMATAV) | $6.03 Billion | 17.34% | 1.06x | $10.95 Million |
| B-52 Capital Public Company Limited (B52) | $594.95 Million | -18.27% | 0.85x | $2.52 Million |
| Grand Canal Land Public Company Limited (GLAND) | $15.49 Billion | 3.71% | 0.89x | $3.56 Million |
| JAS Asset PCL (J) | $1.34 Billion | 4.22% | 1.42x | $6.43 Million |
| Krungdhep Sophon Public Company Limited (KWC) | $264.74 Million | 1.86% | 0.17x | $29.35 Million |
| Nirvana Daii Public Company Limited (NVD) | $235.77 Million | -6.61% | 0.38x | $15.88 Million |
| The Platinum Group Public Company Limited (PLAT) | $2.64 Billion | 16.63% | 0.56x | $39.02 Million |
| Primo Service Solutions PCL (PRI) | $0.00 | 0.00% | 0.00x | $9.01 Million |
| Sammakorn Public Company Limited (SAMCO) | $1.41 Billion | 5.20% | 0.27x | $5.68 Million |
| Saha Pathana Inter-Holding PCL (SPI) | $13.83 Billion | 7.39% | 0.08x | $302.59 Million |