TISCO Financial Group Public Company Limited
TISCO Financial Group Public Company Limited, together with its subsidiaries, provides commercial banking products and services for individuals and businesses in Thailand. The company operates through four segments: Commercial Banking Business, Securities Business, Asset Management Business, and Support Business. It accepts deposit products, such as special and standard current accounts, savings … Read more
TISCO Financial Group Public Company Limited (47TA) - Net Assets
Latest net assets as of September 2025: €41.76 Billion EUR
Based on the latest financial reports, TISCO Financial Group Public Company Limited (47TA) has net assets worth €41.76 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€282.22 Billion) and total liabilities (€240.46 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 | €41.76 Billion |
| % of Total Assets | 14.8% |
| Annual Growth Rate | 3.11% |
| 5-Year Change | 9.08% |
| 10-Year Change | N/A |
| Growth Volatility | 2.94 |
TISCO Financial Group Public Company Limited - Net Assets Trend (2017–2024)
This chart illustrates how TISCO Financial Group 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 TISCO Financial Group Public Company Limited (2017–2024)
The table below shows the annual net assets of TISCO Financial Group Public Company Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €43.04 Billion | +1.41% |
| 2023-12-31 | €42.45 Billion | -0.80% |
| 2022-12-31 | €42.79 Billion | +3.86% |
| 2021-12-31 | €41.20 Billion | +4.40% |
| 2020-12-31 | €39.46 Billion | +0.68% |
| 2019-12-31 | €39.20 Billion | +3.61% |
| 2018-12-31 | €37.83 Billion | +8.92% |
| 2017-12-31 | €34.73 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TISCO Financial Group 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 30.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €31.19 Billion | 72.47% |
| Other Components | €11.85 Billion | 27.53% |
| Total Equity | €43.04 Billion | 100.00% |
TISCO Financial Group Public Company Limited Competitors by Market Cap
The table below lists competitors of TISCO Financial Group Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ashland Global Holdings Inc
NYSE:ASH
|
$2.07 Billion |
|
Mapletree Commercial Trust
PINK:MPCMF
|
$2.08 Billion |
|
BillerudKorsnäs AB (publ)
PINK:BLRDF
|
$2.08 Billion |
|
NBT Bancorp Inc
NASDAQ:NBTB
|
$2.08 Billion |
|
Robert Half International Inc
NYSE:RHI
|
$2.07 Billion |
|
TowneBank
F:3T8
|
$2.07 Billion |
|
Filo Mining Corp
OTCQX:FLMMF
|
$2.07 Billion |
|
Nippon Television Holdings Inc
PINK:NPTVF
|
$2.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TISCO Financial Group Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,444,870,000 to 43,041,945,000, a change of 597,075,000 (1.4%).
- Net income of 6,901,275,000 contributed positively to equity growth.
- Dividend payments of 6,203,073,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €6.90 Billion | +16.03% |
| Dividends Paid | €6.20 Billion | -14.41% |
| Other Changes | €-101.13 Million | -0.23% |
| Total Change | €- | 1.41% |
Book Value vs Market Value Analysis
This analysis compares TISCO Financial Group 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: 0.05x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €43.22 | €2.94 | x |
| 2018-12-31 | €47.08 | €2.94 | x |
| 2019-12-31 | €48.95 | €2.94 | x |
| 2020-12-31 | €49.28 | €2.94 | x |
| 2021-12-31 | €51.45 | €2.94 | x |
| 2022-12-31 | €53.44 | €2.94 | x |
| 2023-12-31 | €53.01 | €2.94 | x |
| 2024-12-31 | €53.76 | €2.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TISCO Financial Group 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): 16.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.09%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 6.55x
- Recent ROE (16.03%) is below the historical average (17.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 17.60% | 30.21% | 0.07x | 8.77x | €2.63 Billion |
| 2018 | 18.61% | 33.53% | 0.07x | 8.03x | €3.25 Billion |
| 2019 | 18.55% | 35.49% | 0.07x | 7.61x | €3.35 Billion |
| 2020 | 15.37% | 31.52% | 0.07x | 6.98x | €2.12 Billion |
| 2021 | 16.47% | 35.21% | 0.08x | 5.91x | €2.66 Billion |
| 2022 | 16.88% | 38.68% | 0.07x | 6.20x | €2.95 Billion |
| 2023 | 17.20% | 37.04% | 0.07x | 6.85x | €3.06 Billion |
| 2024 | 16.03% | 34.09% | 0.07x | 6.55x | €2.60 Billion |
Industry Comparison
This section compares TISCO Financial Group Public Company Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,767,397,739,889
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TISCO Financial Group Public Company Limited (47TA) | €41.76 Billion | 17.60% | 5.76x | $2.07 Billion |
| PT Bank Sinarmas Tbk (08S) | $6.07 Trillion | 0.11% | 5.02x | $315.82 Million |
| Seven Bank Ltd (0S7) | $234.68 Billion | 11.04% | 4.10x | $643.65 Million |
| Aktia Pankki Oyj (2A41) | $704.85 Million | 11.54% | 16.08x | $483.67 Million |
| Manx Financial Group PLC (3IM) | $8.53 Million | 12.74% | 9.98x | $14.63 Million |
| TowneBank (3T8) | $2.16 Billion | 7.50% | 7.00x | $2.07 Billion |
| TISCO Financial Group PCL (47T) | $43.04 Billion | 16.03% | 5.55x | $2.05 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $27.50 Billion | 7.36% | 10.55x | $823.57 Million |
| Fukuoka Financial Group Inc (4FK) | $929.59 Billion | 7.76% | 33.71x | $6.31 Billion |
| PT Bank KB Bukopin Tbk (5BB) | $8.59 Trillion | 2.21% | 10.13x | $93.22 Million |