Thai Beverage Public Company Limited (T6W) - Net Assets
Based on the latest financial reports, Thai Beverage Public Company Limited (T6W) has net assets worth €230.23 Billion EUR (≈ $269.17 Billion USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€534.45 Billion ≈ $624.83 Billion USD) and total liabilities (€304.21 Billion ≈ $355.66 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. Check T6W tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €230.23 Billion |
| % of Total Assets | 43.08% |
| Annual Growth Rate | 6.8% |
| 5-Year Change | 2.69% |
| 10-Year Change | 74.45% |
| Growth Volatility | 8.87 |
Thai Beverage Public Company Limited - Net Assets Trend (2014–2025)
This chart illustrates how Thai Beverage Public Company Limited's net assets have evolved over time, based on quarterly financial data. See T6W defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Thai Beverage Public Company Limited (2014–2025)
The table below shows the annual net assets of Thai Beverage Public Company Limited from 2014 to 2025. For live valuation and market cap data, see T6W company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | €215.82 Billion ≈ $252.32 Billion |
-5.78% |
| 2024-09-30 | €229.06 Billion ≈ $267.79 Billion |
-5.16% |
| 2023-09-30 | €241.52 Billion ≈ $282.36 Billion |
-3.15% |
| 2022-09-30 | €249.39 Billion ≈ $291.56 Billion |
+18.66% |
| 2021-09-30 | €210.18 Billion ≈ $245.72 Billion |
+17.15% |
| 2020-09-30 | €179.40 Billion ≈ $209.74 Billion |
+19.34% |
| 2019-09-30 | €150.32 Billion ≈ $175.75 Billion |
+6.94% |
| 2018-09-30 | €140.57 Billion ≈ $164.34 Billion |
+6.08% |
| 2017-09-30 | €132.51 Billion ≈ $154.92 Billion |
+7.11% |
| 2016-09-30 | €123.71 Billion ≈ $144.63 Billion |
+3.73% |
| 2015-09-30 | €119.27 Billion ≈ $139.43 Billion |
+13.94% |
| 2014-09-30 | €104.68 Billion ≈ $122.38 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Thai Beverage 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 157.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €195.90 Billion | 138.66% |
| Total Equity | €141.28 Billion | 100.00% |
Thai Beverage Public Company Limited Competitors by Market Cap
The table below lists competitors of Thai Beverage Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Mosaic Company
NYSE:MOS
|
$7.05 Billion |
|
COM.INTL BK GDR S LE 10
F:CIN
|
$7.06 Billion |
|
Impulsora del Desarrollo y el Empleo en América Latina S.A.B. de C.V
MX:IDEALB-1
|
$7.07 Billion |
|
Delivery Hero SE
XETRA:DHER
|
$7.08 Billion |
|
China Coal Energy Company Limited
F:CVV
|
$7.05 Billion |
|
Grupo Financiero Galicia S.A.
BA:GGAL
|
$7.05 Billion |
|
MINERAL RES. UNSP.ADR/1
F:F5J0
|
$7.04 Billion |
|
Hoa Phat Group JSC
VN:HPG
|
$7.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thai Beverage Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 149,208,322,000 to 141,276,940,000, a change of -7,931,382,000 (-5.3%).
- Net income of 25,360,504,000 contributed positively to equity growth.
- Dividend payments of 15,580,902,000 reduced retained earnings.
- Share repurchases of 62,014,000 reduced equity.
- Other factors decreased equity by 17,648,970,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €25.36 Billion | +17.95% |
| Dividends Paid | €15.58 Billion | -11.03% |
| Share Repurchases | €62.01 Million | -0.04% |
| Other Changes | €-17.65 Billion | -12.49% |
| Total Change | €- | -5.32% |
Book Value vs Market Value Analysis
This analysis compares Thai Beverage 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 |
|---|---|---|---|
| 2017-09-30 | €25.64 | €0.28 | x |
| 2018-09-30 | €24.12 | €0.28 | x |
| 2019-09-30 | €23.07 | €0.28 | x |
| 2020-09-30 | €28.39 | €0.28 | x |
| 2021-09-30 | €34.03 | €0.28 | x |
| 2022-09-30 | €40.95 | €0.28 | x |
| 2023-09-30 | €40.06 | €0.28 | x |
| 2024-09-30 | €5.94 | €0.28 | x |
| 2025-09-30 | €5.62 | €0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thai Beverage 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): 17.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.61%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 3.61x
- Recent ROE (17.95%) is below the historical average (18.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 21.42% | 13.38% | 0.94x | 1.70x | €11.57 Billion |
| 2015 | 22.84% | 15.33% | 0.95x | 1.57x | €14.87 Billion |
| 2016 | 15.76% | 13.60% | 0.74x | 1.56x | €6.91 Billion |
| 2017 | 26.80% | 18.16% | 0.98x | 1.51x | €21.63 Billion |
| 2018 | 15.30% | 8.07% | 0.57x | 3.31x | €6.42 Billion |
| 2019 | 20.09% | 8.70% | 0.66x | 3.51x | €11.69 Billion |
| 2020 | 15.96% | 8.98% | 0.58x | 3.04x | €8.49 Billion |
| 2021 | 14.42% | 10.25% | 0.51x | 2.76x | €7.55 Billion |
| 2022 | 14.63% | 11.05% | 0.54x | 2.47x | €9.53 Billion |
| 2023 | 13.63% | 8.24% | 0.67x | 2.46x | €7.30 Billion |
| 2024 | 18.24% | 8.00% | 0.64x | 3.54x | €12.29 Billion |
| 2025 | 17.95% | 7.61% | 0.65x | 3.61x | €11.23 Billion |
Industry Comparison
This section compares Thai Beverage Public Company Limited's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $2,665,285,588
- Average return on equity (ROE) among peers: 3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thai Beverage Public Company Limited (T6W) | €230.23 Billion | 21.42% | 1.32x | $7.05 Billion |
| CHAPEL DOWN GRP PLC LS-05 (1U6) | $31.12 Million | 3.46% | 0.21x | $74.57 Million |
| ANDREW PELLER LTD A (ANJ) | $265.40 Million | 4.70% | 1.10x | $139.73 Million |
| Berentzen Gruppe AG (BEZ) | $70.19 Million | -16.21% | 1.71x | $34.19 Million |
| Hawesko Holding AG (HAW) | $77.75 Million | 18.79% | 1.19x | $182.36 Million |
| PERNOD RIC. SA SP.ADR 1/5 (PER0) | $16.80 Billion | 8.79% | 1.33x | $18.69 Billion |
| REMY UNSP.ADR 1/10/EO 16 (RMC0) | $1.93 Billion | 6.28% | 0.77x | $2.07 Billion |
| Schloss Wachenheim AG (SWA) | $214.99 Million | 4.85% | 0.76x | $108.11 Million |
| Treasury Wine Estates Limited (T7W) | $4.61 Billion | 2.14% | 0.76x | $2.18 Billion |
| ARCTIC BLUE BEVERAGES AB (U5L) | $-9.09 Million | 0.00% | 0.00x | $771.83K |
About Thai Beverage Public Company Limited
Thai Beverage Public Company Limited, together with its subsidiaries, produces and distributes alcoholic and non-alcoholic beverages, and food products in Thailand, Vietnam, Malaysia, Myanmar, Singapore, and internationally. It operates through Spirits, Beer, Non-Alcoholic Beverages, Food, and Others segments. The company offers beer; malt and yeast; spirits; mineral, drinking, and soda water; co… Read more