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 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) and total liabilities (€304.21 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 | €230.23 Billion |
| % of Total Assets | 43.08% |
| Annual Growth Rate | 8.14% |
| 5-Year Change | 27.67% |
| 10-Year Change | 92.05% |
| Growth Volatility | 8.25 |
Thai Beverage Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how Thai Beverage 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 Thai Beverage Public Company Limited (2014–2024)
The table below shows the annual net assets of Thai Beverage Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €229.06 Billion | -5.16% |
| 2023-09-30 | €241.52 Billion | -3.15% |
| 2022-09-30 | €249.39 Billion | +18.66% |
| 2021-09-30 | €210.18 Billion | +17.15% |
| 2020-09-30 | €179.40 Billion | +19.34% |
| 2019-09-30 | €150.32 Billion | +6.94% |
| 2018-09-30 | €140.57 Billion | +6.08% |
| 2017-09-30 | €132.51 Billion | +7.11% |
| 2016-09-30 | €123.71 Billion | +3.73% |
| 2015-09-30 | €119.27 Billion | +13.94% |
| 2014-09-30 | €104.68 Billion | -- |
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 144.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €186.36 Billion | 124.90% |
| Total Equity | €149.21 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 |
|---|---|
|
Volvo Car AB (publ.)
ST:VOLCAR-B
|
$7.62 Billion |
|
Inpost SA
AS:INPST
|
$7.62 Billion |
|
A2A S.p.A
F:EAM
|
$7.62 Billion |
|
Planet Labs PBC
NYSE:PL
|
$7.65 Billion |
|
Svenska Cellulosa Aktiebolaget SCA (publ)
ST:SCA-B
|
$7.61 Billion |
|
GlobalWafers Co Ltd
TWO:6488
|
$7.61 Billion |
|
NexGen Energy Ltd.
NYSE:NXE
|
$7.61 Billion |
|
General Insurance Corporation of India
NSE:GICRE
|
$7.60 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 2023 to 2024, total equity changed from 201,322,067,000 to 149,208,322,000, a change of -52,113,745,000 (-25.9%).
- Net income of 27,215,624,000 contributed positively to equity growth.
- Dividend payments of 15,076,605,000 reduced retained earnings.
- Share repurchases of 17,840,000 reduced equity.
- Other factors decreased equity by 64,234,924,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €27.22 Billion | +18.24% |
| Dividends Paid | €15.08 Billion | -10.1% |
| Share Repurchases | €17.84 Million | -0.01% |
| Other Changes | €-64.23 Billion | -43.05% |
| Total Change | €- | -25.89% |
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 | €0.27 | x |
| 2018-09-30 | €24.12 | €0.27 | x |
| 2019-09-30 | €23.07 | €0.27 | x |
| 2020-09-30 | €28.39 | €0.27 | x |
| 2021-09-30 | €34.03 | €0.27 | x |
| 2022-09-30 | €40.95 | €0.27 | x |
| 2023-09-30 | €40.06 | €0.27 | x |
| 2024-09-30 | €5.94 | €0.27 | 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): 18.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.00%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 3.54x
- Recent ROE (18.24%) is above the historical average (18.10%), indicating improving 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 |
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: $6,158,752,000
- Average return on equity (ROE) among peers: 1.15%
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 | $7.61 Billion |
| The Artisanal Spirits Company plc (045) | $15.06 Million | -21.92% | 2.47x | $21.93 Million |
| Sektkellerei J.Oppmann AG (1SK) | $1.19 Million | -5.37% | 1.98x | $5.22 Million |
| CHAPEL DOWN GRP PLC LS-05 (1U6) | $23.51 Million | -11.91% | 0.74x | $71.79 Million |
| Altia Oyj (28Q) | $151.20 Million | 12.17% | 1.65x | $273.93 Million |
| VIRGIN WINES UK LS -01 (3RW) | $22.07 Million | 19.71% | 0.88x | $26.13 Million |
| SBD Capital Corp. (4W70) | $-413.86K | 0.00% | 0.00x | $332.59K |
| DIAMOND EST.WIN.+SPIRITS (4WS0) | $30.31 Million | -8.16% | 1.25x | $5.56 Million |
| Davide Campari-Milano N.V. (58H1) | $2.68 Billion | 12.44% | 1.25x | $6.63 Billion |
| BECLE S.A.B. DE C.V. 001 (6BE) | $58.42 Billion | 10.02% | 0.68x | $2.91 Billion |
| ANDREW PELLER LTD A (ANJ) | $243.78 Million | 4.56% | 1.23x | $139.73 Million |
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