Wattanapat Hospital Trang Public Company Limited
Wattanapat Hospital Trang Public Company Limited, together with its subsidiaries, provides medical services in Thailand. It operates obstetrics and gynecology, surgery, internal medicine, pediatric, neurology, cardiology, gastrointestinal and liver, ophthalmology, ear, nose, throat, skin and beauty, dental, wellness, hyperbaric oxygen therapy, kidney clinic and hemodialysis, diabetes thyroid and … Read more
Wattanapat Hospital Trang Public Company Limited (WPH) - Net Assets
Latest net assets as of September 2025: ฿1.94 Billion THB
Based on the latest financial reports, Wattanapat Hospital Trang Public Company Limited (WPH) has net assets worth ฿1.94 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 (฿3.37 Billion) and total liabilities (฿1.42 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 | ฿1.94 Billion |
| % of Total Assets | 57.69% |
| Annual Growth Rate | 20.3% |
| 5-Year Change | 109.64% |
| 10-Year Change | 496.01% |
| Growth Volatility | 41.88 |
Wattanapat Hospital Trang Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how Wattanapat Hospital Trang 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 Wattanapat Hospital Trang Public Company Limited (2014–2024)
The table below shows the annual net assets of Wattanapat Hospital Trang Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.62 Billion | +47.40% |
| 2023-12-31 | ฿1.10 Billion | +5.17% |
| 2022-12-31 | ฿1.04 Billion | +5.65% |
| 2021-12-31 | ฿988.41 Million | +28.01% |
| 2020-12-31 | ฿772.13 Million | -8.35% |
| 2019-12-31 | ฿842.49 Million | -4.90% |
| 2018-12-31 | ฿885.94 Million | +4.69% |
| 2017-12-31 | ฿846.22 Million | +141.11% |
| 2016-12-31 | ฿350.97 Million | +29.23% |
| 2015-12-31 | ฿271.58 Million | +6.55% |
| 2014-12-31 | ฿254.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wattanapat Hospital Trang 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 185.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿441.71 Million | 28.00% |
| Other Components | ฿1.14 Billion | 72.00% |
| Total Equity | ฿1.58 Billion | 100.00% |
Wattanapat Hospital Trang Public Company Limited Competitors by Market Cap
The table below lists competitors of Wattanapat Hospital Trang Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Motisons Jewellers Ltd
NSE:MOTISONS
|
$46.96 Million |
|
Ray Sigorta AS
IS:RAYSG
|
$46.99 Million |
|
Indointernet Tbk PT
JK:EDGE
|
$46.99 Million |
|
SAMSE S.A.
LSE:0GLY
|
$46.99 Million |
|
Tung Ho Textile Co Ltd
TW:1414
|
$46.96 Million |
|
Icure Pharmaceutical Incorporation
KQ:175250
|
$46.95 Million |
|
Tin Nghia Industrial Park Development JSC
VN:TIP
|
$46.95 Million |
|
Geodrill Limited
OTCQX:GEODF
|
$46.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wattanapat Hospital Trang Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,064,383,794 to 1,577,425,558, a change of 513,041,764 (48.2%).
- Net income of 278,846,630 contributed positively to equity growth.
- Dividend payments of 66,000,000 reduced retained earnings.
- New share issuances of 299,999,972 increased equity.
- Other comprehensive income decreased equity by 33,000,000.
- Other factors increased equity by 33,195,162.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿278.85 Million | +17.68% |
| Dividends Paid | ฿66.00 Million | -4.18% |
| Share Issuances | ฿300.00 Million | +19.02% |
| Other Comprehensive Income | ฿-33.00 Million | -2.09% |
| Other Changes | ฿33.20 Million | +2.1% |
| Total Change | ฿- | 48.20% |
Book Value vs Market Value Analysis
This analysis compares Wattanapat Hospital Trang 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: 2.88x
- 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 15.30x to 2.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.42 | ฿6.50 | x |
| 2015-12-31 | ฿0.45 | ฿6.50 | x |
| 2016-12-31 | ฿0.75 | ฿6.50 | x |
| 2017-12-31 | ฿1.79 | ฿6.50 | x |
| 2018-12-31 | ฿1.45 | ฿6.50 | x |
| 2019-12-31 | ฿1.37 | ฿6.50 | x |
| 2020-12-31 | ฿1.26 | ฿6.50 | x |
| 2021-12-31 | ฿1.60 | ฿6.50 | x |
| 2022-12-31 | ฿1.69 | ฿6.50 | x |
| 2023-12-31 | ฿1.74 | ฿6.50 | x |
| 2024-12-31 | ฿2.25 | ฿6.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wattanapat Hospital Trang 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): 17.68%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.72%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.76x
- Recent ROE (17.68%) is above the historical average (8.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -6.52% | -3.86% | 0.89x | 1.91x | ฿-42.10 Million |
| 2015 | 16.01% | 9.12% | 0.96x | 1.83x | ฿16.31 Million |
| 2016 | 21.02% | 13.33% | 0.86x | 1.84x | ฿37.87 Million |
| 2017 | 2.91% | 4.54% | 0.58x | 1.11x | ฿-58.99 Million |
| 2018 | 5.90% | 8.22% | 0.53x | 1.36x | ฿-35.79 Million |
| 2019 | -0.78% | -0.86% | 0.57x | 1.57x | ฿-90.11 Million |
| 2020 | -4.37% | -4.78% | 0.48x | 1.90x | ฿-110.82 Million |
| 2021 | 23.68% | 18.94% | 0.65x | 1.93x | ฿134.20 Million |
| 2022 | 11.15% | 10.10% | 0.52x | 2.14x | ฿11.95 Million |
| 2023 | 8.73% | 6.37% | 0.57x | 2.41x | ฿-13.53 Million |
| 2024 | 17.68% | 13.72% | 0.73x | 1.76x | ฿121.10 Million |
Industry Comparison
This section compares Wattanapat Hospital Trang 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: $2,892,225,945
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wattanapat Hospital Trang Public Company Limited (WPH) | ฿1.94 Billion | -6.52% | 0.73x | $46.96 Million |
| Aikchol Hospital Public Company Limited (AHC) | $1.55 Billion | 9.07% | 0.19x | $29.59 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $6.40 Billion | 17.03% | 0.97x | $429.99 Million |
| Bumrungrad Hospital PCL (BH) | $13.10 Billion | 26.23% | 0.63x | $3.50 Billion |
| Chularat Hospital Public Company Limited (CHG) | $1.12 Billion | 29.84% | 0.38x | $205.50 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.27 Billion | 8.36% | 0.67x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $106.33 Million | 39.99% | 1.05x | $9.07 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $953.94 Million | 16.80% | 0.15x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $123.73 Million | 56.28% | 0.53x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $123.08 Million | 37.33% | 0.31x | $7.20 Million |