Exotic Food Public Company Limited (XO) - Net Assets

Latest as of December 2025: ฿1.86 Billion THB ≈ $57.92 Million USD

Based on the latest financial reports, Exotic Food Public Company Limited (XO) has net assets worth ฿1.86 Billion THB (≈ $57.92 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.17 Billion ≈ $67.67 Million USD) and total liabilities (฿312.77 Million ≈ $9.75 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 XO asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.86 Billion
% of Total Assets	85.59%
Annual Growth Rate	22.62%
5-Year Change	63.8%
10-Year Change	250.8%
Growth Volatility	38.36

Exotic Food Public Company Limited - Net Assets Trend (2013–2025)

This chart illustrates how Exotic Food Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Exotic Food Public Company Limited (XO) total assets for the complete picture of this company's asset base.

Annual Net Assets for Exotic Food Public Company Limited (2013–2025)

The table below shows the annual net assets of Exotic Food Public Company Limited from 2013 to 2025. For live valuation and market cap data, see Exotic Food Public Company Limited market capitalisation.

Year	Net Assets	Change
2025-12-31	฿1.86 Billion ≈ $57.92 Million	+12.00%
2024-12-31	฿1.66 Billion ≈ $51.71 Million	-8.02%
2023-12-31	฿1.80 Billion ≈ $56.22 Million	+45.63%
2022-12-31	฿1.24 Billion ≈ $38.60 Million	+9.18%
2021-12-31	฿1.13 Billion ≈ $35.36 Million	+10.49%
2020-12-31	฿1.03 Billion ≈ $32.00 Million	+28.21%
2019-12-31	฿800.80 Million ≈ $24.96 Million	+10.41%
2018-12-31	฿725.30 Million ≈ $22.61 Million	+27.69%
2017-12-31	฿568.02 Million ≈ $17.70 Million	+7.24%
2016-12-31	฿529.69 Million ≈ $16.51 Million	+9.24%
2015-12-31	฿484.87 Million ≈ $15.11 Million	+22.29%
2014-12-31	฿396.47 Million ≈ $12.36 Million	+146.45%
2013-12-31	฿160.87 Million ≈ $5.01 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Exotic Food 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 8720.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿1.18 Billion	63.55%
Other Components	฿677.29 Million	36.45%
Total Equity	฿1.86 Billion	100.00%

Exotic Food Public Company Limited Competitors by Market Cap

The table below lists competitors of Exotic Food Public Company Limited ranked by their market capitalization.

Company	Market Cap
Goldshore Resources Inc V:GSHR	$181.61 Million
GuocoLand (Malaysia) Bhd KLSE:1503	$181.65 Million
Pruksa Holding Public Company Limited F:2PR3	$181.69 Million
ReposiTrak NASDAQ:TRAK	$181.79 Million
Sammok S-Form Co.Ltd KQ:018310	$181.50 Million
Mark Dynamics Indonesia Tbk PT JK:MARK	$181.47 Million
Acusensus Ltd AU:ACE	$181.46 Million
O-TA Precision Industry Co Ltd TWO:8924	$181.38 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Exotic Food Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,659,015,332 to 1,858,152,740, a change of 199,137,408 (12.0%).
Net income of 506,631,067 contributed positively to equity growth.
Dividend payments of 307,493,659 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿506.63 Million	+27.27%
Dividends Paid	฿307.49 Million	-16.55%
Total Change	฿-	12.00%

Book Value vs Market Value Analysis

This analysis compares Exotic Food 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: 3.13x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 18.54x to 3.13x 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	฿0.73	฿13.60	x
2014-12-31	฿1.30	฿13.60	x
2015-12-31	฿1.39	฿13.60	x
2016-12-31	฿1.43	฿13.60	x
2017-12-31	฿1.54	฿13.60	x
2018-12-31	฿1.88	฿13.60	x
2019-12-31	฿1.92	฿13.60	x
2020-12-31	฿2.42	฿13.60	x
2021-12-31	฿2.65	฿13.60	x
2022-12-31	฿2.91	฿13.60	x
2023-12-31	฿4.23	฿13.60	x
2024-12-31	฿3.87	฿13.60	x
2025-12-31	฿4.34	฿13.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Exotic Food 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): 27.27%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 23.54%
• Asset Turnover: 0.99x
• Equity Multiplier: 1.17x
Recent ROE (27.27%) is above the historical average (25.65%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	5.52%	1.46%	2.55x	1.48x	฿-7.21 Million
2014	21.74%	11.73%	1.54x	1.21x	฿46.55 Million
2015	17.70%	11.60%	1.20x	1.27x	฿37.36 Million
2016	14.63%	8.82%	1.26x	1.31x	฿24.50 Million
2017	10.39%	6.25%	1.26x	1.32x	฿2.22 Million
2018	30.59%	19.38%	1.15x	1.37x	฿149.37 Million
2019	15.23%	12.31%	1.06x	1.17x	฿41.91 Million
2020	31.02%	25.12%	1.02x	1.21x	฿215.81 Million
2021	40.75%	30.32%	1.11x	1.21x	฿348.86 Million
2022	27.47%	23.38%	0.93x	1.27x	฿216.31 Million
2023	43.52%	31.14%	1.14x	1.23x	฿604.67 Million
2024	47.66%	31.90%	1.27x	1.18x	฿624.86 Million
2025	27.27%	23.54%	0.99x	1.17x	฿320.82 Million

Industry Comparison

This section compares Exotic Food Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $3,044,840,456
Average return on equity (ROE) among peers: 0.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Exotic Food Public Company Limited (XO)	฿1.86 Billion	5.52%	0.17x	$181.54 Million
Asian Sea Corporation Public Company Limited (ASIAN)	$1.17 Billion	-38.64%	2.90x	$180.99 Million
Seafresh Industry Public Company Limited (CFRESH)	$1.43 Billion	7.92%	0.26x	$23.98 Million
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI)	$1.21 Billion	1.06%	0.70x	$15.02 Million
Chiangmai Frozen Foods Public Company Limited (CM)	$1.35 Billion	8.86%	0.10x	$19.01 Million
GFPT Public Company Limited (GFPT)	$3.78 Billion	28.67%	0.98x	$357.59 Million
J.S.P. Property Public Company Limited (JSP)	$5.18 Billion	9.40%	0.76x	$28.10 Million
Thai Ha Public Company Limited (KASET)	$325.04 Million	-11.22%	0.97x	$7.19 Million
Lee Feed Mill Public Company Limited (LEE)	$2.73 Billion	6.85%	0.15x	$69.45 Million
Malee Group Public Company Limited (MALEE)	$839.63 Million	-24.17%	3.77x	$69.74 Million
President Bakery Public Company Limited (PB)	$12.44 Billion	12.78%	0.11x	$680.27 Million

About Exotic Food Public Company Limited

BK:XO Thailand Packaged Foods

Market Cap

$181.54 Million

฿5.82 Billion THB

Market Cap Rank

#16904 Global

#206 in Thailand

Share Price

฿13.60

Change (1 day)

+0.74%

52-Week Range

฿13.10 - ฿18.80

All Time High

฿32.91