Krung Thai Bank Public Company Limited (NVPB) - Net Assets
Based on the latest financial reports, Krung Thai Bank Public Company Limited (NVPB) has net assets worth €483.14 Billion EUR (≈ $564.84 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.83 Trillion ≈ $4.48 Trillion USD) and total liabilities (€3.35 Trillion ≈ $3.92 Trillion 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 Krung Thai Bank Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €483.14 Billion |
| % of Total Assets | 12.6% |
| Annual Growth Rate | 7.01% |
| 5-Year Change | 30.79% |
| 10-Year Change | 85.53% |
| Growth Volatility | 2.88 |
Krung Thai Bank Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how Krung Thai Bank Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore NVPB total assets for the complete picture of this company's asset base.
Annual Net Assets for Krung Thai Bank Public Company Limited (2014–2024)
The table below shows the annual net assets of Krung Thai Bank Public Company Limited from 2014 to 2024. For live valuation and market cap data, see market cap of Krung Thai Bank Public Company Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €464.39 Billion ≈ $542.92 Billion |
+10.35% |
| 2023-12-31 | €420.85 Billion ≈ $492.01 Billion |
+7.20% |
| 2022-12-31 | €392.57 Billion ≈ $458.96 Billion |
+4.93% |
| 2021-12-31 | €374.11 Billion ≈ $437.38 Billion |
+5.36% |
| 2020-12-31 | €355.06 Billion ≈ $415.11 Billion |
+1.93% |
| 2019-12-31 | €348.33 Billion ≈ $407.23 Billion |
+10.88% |
| 2018-12-31 | €314.14 Billion ≈ $367.26 Billion |
+6.77% |
| 2017-12-31 | €294.22 Billion ≈ $343.97 Billion |
+5.40% |
| 2016-12-31 | €279.15 Billion ≈ $326.35 Billion |
+11.53% |
| 2015-12-31 | €250.30 Billion ≈ $292.62 Billion |
+6.12% |
| 2014-12-31 | €235.87 Billion ≈ $275.75 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Krung Thai Bank 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 150.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €318.20 Billion | 71.69% |
| Other Components | €125.64 Billion | 28.31% |
| Total Equity | €443.84 Billion | 100.00% |
Krung Thai Bank Public Company Limited Competitors by Market Cap
The table below lists competitors of Krung Thai Bank Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henkel AG & Co. KGaA vz. (Pref Shares)
XETRA:HEN3
|
$11.82 Billion |
|
RoboTechnik Intelligent Technology Co Ltd
SHE:300757
|
$11.82 Billion |
|
American Homes 4 Rent
NYSE:AMH
|
$11.84 Billion |
|
Corebridge Financial Inc.
NYSE:CRBG
|
$11.84 Billion |
|
First Horizon Corporation
NYSE:FHN
|
$11.80 Billion |
|
Orkla ASA
OL:ORK
|
$11.80 Billion |
|
Acciona
MC:ANA
|
$11.79 Billion |
|
WinWay Technology Co. Ltd
TW:6515
|
$11.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Krung Thai Bank Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 402,376,077,000 to 443,838,214,000, a change of 41,462,137,000 (10.3%).
- Net income of 43,855,657,000 contributed positively to equity growth.
- Dividend payments of 12,136,845,000 reduced retained earnings.
- Other factors increased equity by 9,743,325,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €43.86 Billion | +9.88% |
| Dividends Paid | €12.14 Billion | -2.73% |
| Other Changes | €9.74 Billion | +2.2% |
| Total Change | €- | 10.30% |
Book Value vs Market Value Analysis
This analysis compares Krung Thai Bank 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: 0.03x
- 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 | €20.60 | €0.81 | x |
| 2018-12-31 | €21.88 | €0.81 | x |
| 2019-12-31 | €24.20 | €0.81 | x |
| 2020-12-31 | €24.57 | €0.81 | x |
| 2021-12-31 | €25.76 | €0.81 | x |
| 2022-12-31 | €26.92 | €0.81 | x |
| 2023-12-31 | €28.79 | €0.81 | x |
| 2024-12-31 | €31.76 | €0.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Krung Thai Bank 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): 9.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.71%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 8.44x
- Recent ROE (9.88%) is above the historical average (9.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.30% | 37.12% | 0.03x | 12.02x | €9.98 Billion |
| 2015 | 11.59% | 33.11% | 0.03x | 11.45x | €3.91 Billion |
| 2016 | 11.79% | 26.55% | 0.05x | 9.82x | €4.89 Billion |
| 2017 | 7.80% | 18.86% | 0.04x | 9.92x | €-6.35 Billion |
| 2018 | 9.31% | 24.54% | 0.04x | 8.96x | €-2.10 Billion |
| 2019 | 8.66% | 23.65% | 0.04x | 8.90x | €-4.54 Billion |
| 2020 | 4.87% | 14.02% | 0.04x | 9.69x | €-17.62 Billion |
| 2021 | 6.00% | 18.77% | 0.03x | 9.88x | €-14.42 Billion |
| 2022 | 8.95% | 27.05% | 0.03x | 9.55x | €-3.93 Billion |
| 2023 | 9.10% | 24.68% | 0.04x | 9.14x | €-3.62 Billion |
| 2024 | 9.88% | 27.71% | 0.04x | 8.44x | €-528.16 Million |
Industry Comparison
This section compares Krung Thai Bank 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: $4,686,456,747,900
- Average return on equity (ROE) among peers: 9.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Krung Thai Bank Public Company Limited (NVPB) | €483.14 Billion | 14.30% | 6.93x | $11.81 Billion |
| Grupo Supervielle S.A (189A) | $53.42 Billion | -1.61% | 6.34x | $610.24 Million |
| Bank of Zhengzhou Co. Ltd (3BZ) | $39.89 Billion | 8.24% | 11.55x | $252.75 Million |
| Manx Financial Group PLC (3IM) | $37.31 Million | 21.71% | 12.34x | $31.55 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $544.88 Billion | 11.18% | 17.75x | $12.54 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $1.03 Trillion | 8.38% | 15.56x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $34.73 Billion | 17.53% | 7.74x | $2.49 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $26.12 Billion | 7.27% | 10.72x | $1.47 Billion |
| Harbin Bank Co. Ltd (5H6) | $42.41 Billion | 12.38% | 12.31x | $137.86 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.65 Trillion | 3.37% | 22.79x | $53.42 Billion |
| Grupo Aval Acciones y Valores S.A (6GAA) | $35.44 Trillion | 6.63% | 8.11x | $1.61 Billion |
About Krung Thai Bank Public Company Limited
Krung Thai Bank Public Company Limited engages in commercial banking business in Thailand and internationally. It operates through three segments: Retail Banking, Corporate Banking, and Treasury and Investment. The company offers personal banking products and services, including current, savings, and fixed deposit accounts; foreign currency and tax-free time deposits; debit, credit, cash and top … Read more