Yuasa Battery (Thailand) Public Company Limited (YUASA) - Net Assets
Based on the latest financial reports, Yuasa Battery (Thailand) Public Company Limited (YUASA) has net assets worth ฿1.39 Billion THB (≈ $43.32 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 (฿1.96 Billion ≈ $61.04 Million USD) and total liabilities (฿568.55 Million ≈ $17.72 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 YUASA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.39 Billion |
| % of Total Assets | 70.97% |
| Annual Growth Rate | 7.85% |
| 5-Year Change | 47.8% |
| 10-Year Change | 189.39% |
| Growth Volatility | 18.16 |
Yuasa Battery (Thailand) Public Company Limited - Net Assets Trend (2006–2025)
This chart illustrates how Yuasa Battery (Thailand) Public Company Limited's net assets have evolved over time, based on quarterly financial data. See how many days can Yuasa Battery (Thailand) Public Company fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Yuasa Battery (Thailand) Public Company Limited (2006–2025)
The table below shows the annual net assets of Yuasa Battery (Thailand) Public Company Limited from 2006 to 2025. For live valuation and market cap data, see YUASA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.39 Billion ≈ $43.32 Million |
+13.87% |
| 2024-12-31 | ฿1.22 Billion ≈ $38.04 Million |
+10.70% |
| 2023-12-31 | ฿1.10 Billion ≈ $34.37 Million |
+7.83% |
| 2022-12-31 | ฿1.02 Billion ≈ $31.87 Million |
+8.73% |
| 2021-12-31 | ฿940.36 Million ≈ $29.31 Million |
+6.11% |
| 2020-12-31 | ฿886.22 Million ≈ $27.62 Million |
+14.86% |
| 2019-12-31 | ฿771.54 Million ≈ $24.05 Million |
+14.53% |
| 2018-12-31 | ฿673.64 Million ≈ $21.00 Million |
+17.92% |
| 2017-12-31 | ฿571.27 Million ≈ $17.81 Million |
+18.95% |
| 2016-12-31 | ฿480.26 Million ≈ $14.97 Million |
+27.99% |
| 2015-12-31 | ฿375.25 Million ≈ $11.70 Million |
+9.73% |
| 2014-12-31 | ฿341.97 Million ≈ $10.66 Million |
-3.03% |
| 2013-12-31 | ฿352.67 Million ≈ $10.99 Million |
+4.31% |
| 2012-12-31 | ฿338.09 Million ≈ $10.54 Million |
+18.76% |
| 2011-12-31 | ฿284.69 Million ≈ $8.87 Million |
+25.34% |
| 2010-12-31 | ฿227.14 Million ≈ $7.08 Million |
+26.92% |
| 2009-12-31 | ฿178.96 Million ≈ $5.58 Million |
+32.72% |
| 2008-12-31 | ฿134.84 Million ≈ $4.20 Million |
-18.85% |
| 2007-12-31 | ฿166.16 Million ≈ $5.18 Million |
-49.77% |
| 2006-12-31 | ฿330.77 Million ≈ $10.31 Million |
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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 1982.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.08 Billion | 78.01% |
| Other Components | ฿305.61 Million | 21.99% |
| Total Equity | ฿1.39 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 |
|---|---|
|
Texton Property Fund Ltd
JSE:TEX
|
$48.00 Million |
|
Highlight Communications AG
XETRA:HLG
|
$48.01 Million |
|
Broendbyernes IF Fodbold AS
CO:BIF
|
$48.01 Million |
|
Toba Pulp Lestari Tbk
JK:INRU
|
$48.02 Million |
|
DK-Lok Corporation
KQ:105740
|
$47.93 Million |
|
Grand Hall Enterprise Co Ltd
TWO:8941
|
$47.93 Million |
|
Kwang Ming Silk Mill Co Ltd
TWO:4420
|
$47.92 Million |
|
Ewein Bhd
KLSE:7249
|
$47.92 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 2024 to 2025, total equity changed from 1,220,553,760 to 1,389,825,862, a change of 169,272,102 (13.9%).
- Net income of 242,766,548 contributed positively to equity growth.
- Dividend payments of 65,513,577 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿242.77 Million | +17.47% |
| Dividends Paid | ฿65.51 Million | -4.71% |
| Other Changes | ฿-7.98 Million | -0.57% |
| Total Change | ฿- | 13.87% |
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: 1.11x
- 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 4.65x 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 |
|---|---|---|---|
| 2006-12-31 | ฿3.07 | ฿14.30 | x |
| 2007-12-31 | ฿1.54 | ฿14.30 | x |
| 2008-12-31 | ฿1.25 | ฿14.30 | x |
| 2009-12-31 | ฿1.66 | ฿14.30 | x |
| 2010-12-31 | ฿2.11 | ฿14.30 | x |
| 2011-12-31 | ฿2.65 | ฿14.30 | x |
| 2012-12-31 | ฿3.14 | ฿14.30 | x |
| 2013-12-31 | ฿3.28 | ฿14.30 | x |
| 2014-12-31 | ฿3.18 | ฿14.30 | x |
| 2015-12-31 | ฿3.49 | ฿14.30 | x |
| 2016-12-31 | ฿4.46 | ฿14.30 | x |
| 2017-12-31 | ฿5.31 | ฿14.30 | x |
| 2018-12-31 | ฿6.26 | ฿14.30 | x |
| 2019-12-31 | ฿7.17 | ฿14.30 | x |
| 2020-12-31 | ฿8.23 | ฿14.30 | x |
| 2021-12-31 | ฿8.74 | ฿14.30 | x |
| 2022-12-31 | ฿9.50 | ฿14.30 | x |
| 2023-12-31 | ฿10.24 | ฿14.30 | x |
| 2024-12-31 | ฿11.34 | ฿14.30 | x |
| 2025-12-31 | ฿12.91 | ฿14.30 | 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): 17.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.48%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 1.41x
- Recent ROE (17.47%) is above the historical average (4.78%), 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 |
| 2025 | 17.47% | 8.48% | 1.46x | 1.41x | ฿103.78 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: $2,838,509,995
- Average return on equity (ROE) among peers: 7.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yuasa Battery (Thailand) Public Company Limited (YUASA) | ฿1.39 Billion | -51.42% | 0.41x | $47.97 Million |
| AAPICO Hitech Public Company Limited (AH) | $10.99 Billion | 6.79% | 1.10x | $148.75 Million |
| CPR Gomu Industrial PCL (CPR) | $204.99 Million | 23.27% | 0.76x | $16.25 Million |
| Chai Watana Tannery Group Public Company Limited (CWT) | $755.29 Million | 3.98% | 1.02x | $16.69 Million |
| Fortune Parts Industry Public Company Limited (FPI) | $1.59 Billion | 1.18% | 0.80x | $70.74 Million |
| Goodyear (Thailand) Public Company Limited (GYT) | $4.01 Billion | 3.44% | 0.42x | $41.98 Million |
| Hwa Fong Rubber (Thailand) Public Company Limited (HFT) | $3.62 Billion | 10.30% | 0.22x | $83.32 Million |
| Interhides Public Company Limited (IHL) | $1.66 Billion | 6.02% | 1.23x | $24.94 Million |
| Ingress Industrial (Thailand) Public Company Limited (INGRS) | $1.79 Billion | -16.84% | 2.79x | $16.24 Million |
| Inoue Rubber (Thailand) Public Company Limited (IRC) | $3.58 Billion | 4.65% | 0.35x | $71.29 Million |
| N.D. Rubber Public Company Limited (NDR) | $180.83 Million | 36.29% | 1.66x | $27.77 Million |
About 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