KRUNGTHAI CARD FGN BA 1 (KRTA) - Net Assets
Based on the latest financial reports, KRUNGTHAI CARD FGN BA 1 (KRTA) has net assets worth €44.02 Billion EUR (≈ $51.46 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€110.52 Billion ≈ $129.21 Billion USD) and total liabilities (€66.51 Billion ≈ $77.75 Billion 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. Explore KRTA cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €44.02 Billion |
| % of Total Assets | 39.83% |
| Annual Growth Rate | 11.71% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.34 |
KRUNGTHAI CARD FGN BA 1 - Net Assets Trend (2022–2025)
This chart illustrates how KRUNGTHAI CARD FGN BA 1's net assets have evolved over time, based on quarterly financial data. Explore KRUNGTHAI CARD FGN BA 1 (KRTA) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Net Assets for KRUNGTHAI CARD FGN BA 1 (2022–2025)
The table below shows the annual net assets of KRUNGTHAI CARD FGN BA 1 from 2022 to 2025. For live valuation and market cap data, see market value of KRUNGTHAI CARD FGN BA 1.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €44.02 Billion ≈ $51.46 Billion |
+10.32% |
| 2024-12-31 | €39.90 Billion ≈ $46.65 Billion |
+11.31% |
| 2023-12-31 | €35.85 Billion ≈ $41.91 Billion |
+13.52% |
| 2022-12-31 | €31.58 Billion ≈ $36.92 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to KRUNGTHAI CARD FGN BA 1'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 48.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €39.00 Billion | 88.33% |
| Other Components | €5.15 Billion | 11.67% |
| Total Equity | €44.15 Billion | 100.00% |
KRUNGTHAI CARD FGN BA 1 Competitors by Market Cap
The table below lists competitors of KRUNGTHAI CARD FGN BA 1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ordinary Fully Paid Deferred Settlement
AU:HRZDB
|
$8.04K |
|
musicMagpie PLC
LSE:MMAG
|
$8.10K |
|
Seneca Growth Capital VCT PLC
LSE:HYG
|
$8.89K |
|
MIRIS HOLDING AB O.N.
F:9W4
|
$9.35K |
|
Fibra Mty S.A.P.I. de C.V.
MX:FMTY14
|
$7.76K |
|
Taylor Maritime Investments Ltd
LSE:TMI
|
$7.48K |
|
Fantasy Network Ltd
TA:FNTS
|
$7.37K |
|
Versarien PLC
LSE:VRS
|
$7.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KRUNGTHAI CARD FGN BA 1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 39,810,283,671 to 44,151,458,118, a change of 4,341,174,447 (10.9%).
- Net income of 7,781,634,824 contributed positively to equity growth.
- Dividend payments of 3,403,383,552 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.78 Billion | +17.62% |
| Dividends Paid | €3.40 Billion | -7.71% |
| Other Changes | €-37.08 Million | -0.08% |
| Total Change | €- | 10.90% |
Book Value vs Market Value Analysis
This analysis compares KRUNGTHAI CARD FGN BA 1'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: 0.04x
- 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 |
|---|---|---|---|
| 2022-12-31 | €12.16 | €0.73 | x |
| 2023-12-31 | €13.84 | €0.73 | x |
| 2024-12-31 | €15.44 | €0.73 | x |
| 2025-12-31 | €17.12 | €0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KRUNGTHAI CARD FGN BA 1 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): 17.62%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.43%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.50x
- Recent ROE (17.62%) is below the historical average (19.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 22.58% | 38.44% | 0.18x | 3.25x | €3.94 Billion |
| 2023 | 20.45% | 35.65% | 0.18x | 3.16x | €3.73 Billion |
| 2024 | 18.68% | 34.53% | 0.19x | 2.79x | €3.46 Billion |
| 2025 | 17.62% | 35.43% | 0.20x | 2.50x | €3.37 Billion |
Industry Comparison
This section compares KRUNGTHAI CARD FGN BA 1's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $5,879,474,267
- Average return on equity (ROE) among peers: 1.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KRUNGTHAI CARD FGN BA 1 (KRTA) | €44.02 Billion | 22.58% | 1.51x | $7.80K |
| Yiren Digital Ltd (19YA) | $2.14 Billion | 52.17% | 1.24x | $120.21 Million |
| Qudian Inc (1QU) | $11.92 Billion | 27.38% | 0.54x | $272.58 Million |
| Yixin Group Limited (1YX) | $15.42 Billion | -1.08% | 2.28x | $1.33 Billion |
| TRUFIN PLC (29U) | $32.45 Million | -21.79% | 0.56x | $141.30 Million |
| 51 CREDIT CARD DL-00001 (2JY) | $758.75 Million | -30.80% | 1.05x | $114.10 Million |
| CREDIT CORP. GROUP LTD. (2RC) | $825.67 Million | 6.14% | 0.60x | $490.08 Million |
| HANHUA FNCL HLDG CO.H YC1 (5HF) | $7.93 Billion | 0.40% | 0.66x | $11.63 Million |
| Genertec Universal Medical Group Company Limited (5UM) | $19.70 Billion | 9.95% | 2.90x | $1.30 Billion |
| HARMONEY CORP. LTD (6DR) | $58.50 Million | -12.96% | 13.62x | $40.54 Million |
| PREMIA FINANCE O.N. (81U) | $3.02 Million | -10.68% | 0.59x | $1.82 Million |
About KRUNGTHAI CARD FGN BA 1
Krungthai Card Public Company Limited engages in the credit card, personal loan, and other related businesses in Thailand. It also involved in the merchant acquiring, payment services, provincial retail lending business, occupational retail lending business, e-money business, and hire purchase and leasing business. Krungthai Card Public Company Limited was incorporated in 1996 and is headquartere… Read more