Yuasa Battery (Thailand) Public Company Limited
Yuasa Battery (Thailand) Public Company Limited engages in the manufacture and distribution of batteries for automobiles and motorcycles in Thailand. The company offers deep cycle, conventional battery, and maintenance free battery. It sells its products under the YUASA brand name, as well as under private brands, such as THUNDERLITE and YUCON. The company serves replacement equipment markets. It… Read more
Yuasa Battery (Thailand) Public Company Limited (YUASA) - Net Assets
Latest net assets as of September 2025: ฿1.35 Billion THB
Based on the latest financial reports, Yuasa Battery (Thailand) Public Company Limited (YUASA) has net assets worth ฿1.35 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 (฿1.94 Billion) and total liabilities (฿590.10 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 | ฿1.35 Billion |
| % of Total Assets | 69.58% |
| Annual Growth Rate | 7.52% |
| 5-Year Change | 37.73% |
| 10-Year Change | 225.27% |
| Growth Volatility | 18.64 |
Yuasa Battery (Thailand) Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how Yuasa Battery (Thailand) 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 Yuasa Battery (Thailand) Public Company Limited (2006–2024)
The table below shows the annual net assets of Yuasa Battery (Thailand) Public Company Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.22 Billion | +10.70% |
| 2023-12-31 | ฿1.10 Billion | +7.83% |
| 2022-12-31 | ฿1.02 Billion | +8.73% |
| 2021-12-31 | ฿940.36 Million | +6.11% |
| 2020-12-31 | ฿886.22 Million | +14.86% |
| 2019-12-31 | ฿771.54 Million | +14.53% |
| 2018-12-31 | ฿673.64 Million | +17.92% |
| 2017-12-31 | ฿571.27 Million | +18.95% |
| 2016-12-31 | ฿480.26 Million | +27.99% |
| 2015-12-31 | ฿375.25 Million | +9.73% |
| 2014-12-31 | ฿341.97 Million | -3.03% |
| 2013-12-31 | ฿352.67 Million | +4.31% |
| 2012-12-31 | ฿338.09 Million | +18.76% |
| 2011-12-31 | ฿284.69 Million | +25.34% |
| 2010-12-31 | ฿227.14 Million | +26.92% |
| 2009-12-31 | ฿178.96 Million | +32.72% |
| 2008-12-31 | ฿134.84 Million | -18.85% |
| 2007-12-31 | ฿166.16 Million | -49.77% |
| 2006-12-31 | ฿330.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yuasa Battery (Thailand) 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 1657.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿914.95 Million | 74.96% |
| Other Components | ฿305.61 Million | 25.04% |
| Total Equity | ฿1.22 Billion | 100.00% |
Yuasa Battery (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Yuasa Battery (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIOMAXIMA SA ZY 1
F:944
|
$6.51 Million |
|
Korfez Gayrimenkul Yatirim
IS:KRGYO
|
$6.51 Million |
|
Landmarks Bhd
KLSE:1643
|
$6.51 Million |
|
Chibougamau Independent Mines Inc
PINK:CMAUF
|
$6.52 Million |
|
Diversified Gateway Solutions Bhd
KLSE:0131
|
$6.51 Million |
|
Intelligent Bio Solutions Inc.
NASDAQ:INBS
|
$6.50 Million |
|
CXApp Inc.
NASDAQ:CXAI
|
$6.50 Million |
|
EV Nickel Inc
OTCGREY:EVNIF
|
$6.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yuasa Battery (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,102,565,221 to 1,220,553,760, a change of 117,988,539 (10.7%).
- Net income of 172,417,443 contributed positively to equity growth.
- Dividend payments of 44,334,454 reduced retained earnings.
- Other comprehensive income decreased equity by 26,906,250.
- Other factors increased equity by 16,811,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿172.42 Million | +14.13% |
| Dividends Paid | ฿44.33 Million | -3.63% |
| Other Comprehensive Income | ฿-26.91 Million | -2.2% |
| Other Changes | ฿16.81 Million | +1.38% |
| Total Change | ฿- | 10.70% |
Book Value vs Market Value Analysis
This analysis compares Yuasa Battery (Thailand) 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: 1.29x
- 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 4.75x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿3.07 | ฿14.60 | x |
| 2007-12-31 | ฿1.54 | ฿14.60 | x |
| 2008-12-31 | ฿1.25 | ฿14.60 | x |
| 2009-12-31 | ฿1.66 | ฿14.60 | x |
| 2010-12-31 | ฿2.11 | ฿14.60 | x |
| 2011-12-31 | ฿2.65 | ฿14.60 | x |
| 2012-12-31 | ฿3.14 | ฿14.60 | x |
| 2013-12-31 | ฿3.28 | ฿14.60 | x |
| 2014-12-31 | ฿3.18 | ฿14.60 | x |
| 2015-12-31 | ฿3.49 | ฿14.60 | x |
| 2016-12-31 | ฿4.46 | ฿14.60 | x |
| 2017-12-31 | ฿5.31 | ฿14.60 | x |
| 2018-12-31 | ฿6.26 | ฿14.60 | x |
| 2019-12-31 | ฿7.17 | ฿14.60 | x |
| 2020-12-31 | ฿8.23 | ฿14.60 | x |
| 2021-12-31 | ฿8.74 | ฿14.60 | x |
| 2022-12-31 | ฿9.50 | ฿14.60 | x |
| 2023-12-31 | ฿10.24 | ฿14.60 | x |
| 2024-12-31 | ฿11.34 | ฿14.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yuasa Battery (Thailand) 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): 14.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.98%
- • Asset Turnover: 1.59x
- • Equity Multiplier: 1.49x
- Recent ROE (14.13%) is above the historical average (4.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -51.42% | -11.03% | 1.30x | 3.58x | ฿-203.17 Million |
| 2007 | -99.07% | -8.32% | 1.39x | 8.56x | ฿-181.23 Million |
| 2008 | -23.22% | -1.68% | 1.65x | 8.40x | ฿-44.80 Million |
| 2009 | 24.65% | 2.73% | 1.42x | 6.35x | ฿26.22 Million |
| 2010 | 21.21% | 2.66% | 1.78x | 4.47x | ฿25.46 Million |
| 2011 | 31.85% | 4.85% | 1.74x | 3.77x | ฿62.21 Million |
| 2012 | 15.79% | 2.82% | 2.00x | 2.80x | ฿19.59 Million |
| 2013 | 4.37% | 0.89% | 1.88x | 2.62x | ฿-19.84 Million |
| 2014 | -2.19% | -0.45% | 1.91x | 2.55x | ฿-41.67 Million |
| 2015 | 11.71% | 2.71% | 1.81x | 2.38x | ฿6.42 Million |
| 2016 | 23.68% | 5.88% | 1.82x | 2.22x | ฿65.71 Million |
| 2017 | 19.51% | 5.18% | 1.85x | 2.04x | ฿54.33 Million |
| 2018 | 19.03% | 5.81% | 1.80x | 1.82x | ฿60.84 Million |
| 2019 | 18.01% | 6.72% | 1.65x | 1.62x | ฿61.77 Million |
| 2020 | 17.85% | 8.38% | 1.34x | 1.59x | ฿69.55 Million |
| 2021 | 10.39% | 4.34% | 1.53x | 1.56x | ฿3.65 Million |
| 2022 | 10.70% | 4.24% | 1.63x | 1.54x | ฿7.17 Million |
| 2023 | 11.16% | 5.02% | 1.53x | 1.45x | ฿12.77 Million |
| 2024 | 14.13% | 5.98% | 1.59x | 1.49x | ฿50.36 Million |
Industry Comparison
This section compares Yuasa Battery (Thailand) Public Company Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,824,130,983
- Average return on equity (ROE) among peers: 5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yuasa Battery (Thailand) Public Company Limited (YUASA) | ฿1.35 Billion | -51.42% | 0.44x | $6.51 Million |
| AAPICO Hitech Public Company Limited (AH) | $4.52 Billion | 5.09% | 1.05x | $75.69 Million |
| CPR Gomu Industrial PCL (CPR) | $475.50 Million | 13.62% | 0.18x | $3.23 Million |
| Chai Watana Tannery Group Public Company Limited (CWT) | $755.29 Million | 3.98% | 1.02x | $8.58 Million |
| Fortune Parts Industry Public Company Limited (FPI) | $1.33 Billion | 15.39% | 1.11x | $17.95 Million |
| Goodyear (Thailand) Public Company Limited (GYT) | $2.88 Billion | 8.09% | 0.26x | $7.46 Million |
| Hwa Fong Rubber (Thailand) Public Company Limited (HFT) | $1.19 Billion | 0.00% | 0.28x | $37.35 Million |
| Interhides Public Company Limited (IHL) | $1.64 Billion | 3.49% | 1.44x | $6.94 Million |
| Ingress Industrial (Thailand) Public Company Limited (INGRS) | $2.46 Billion | -3.09% | 0.68x | $4.95 Million |
| Inoue Rubber (Thailand) Public Company Limited (IRC) | $2.05 Billion | 7.34% | 0.80x | $15.61 Million |
| N.D. Rubber Public Company Limited (NDR) | $946.85 Million | 0.86% | 0.29x | $8.48 Million |