Bangkok Life Assurance Public Company Limited (XBLA) - Net Assets
Based on the latest financial reports, Bangkok Life Assurance Public Company Limited (XBLA) has net assets worth €55.41 Billion EUR (≈ $64.78 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 (€325.49 Billion ≈ $380.53 Billion USD) and total liabilities (€270.08 Billion ≈ $315.75 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. Check Bangkok Life Assurance Public Company Li (XBLA) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €55.41 Billion |
| % of Total Assets | 17.02% |
| Annual Growth Rate | 7.25% |
| 5-Year Change | 4.28% |
| 10-Year Change | 78.11% |
| Growth Volatility | 8.56 |
Bangkok Life Assurance Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Bangkok Life Assurance Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Bangkok Life Assurance Public Company Li balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Bangkok Life Assurance Public Company Limited (2013–2024)
The table below shows the annual net assets of Bangkok Life Assurance Public Company Limited from 2013 to 2024. For live valuation and market cap data, see Bangkok Life Assurance Public Company Li (XBLA) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €48.07 Billion ≈ $56.20 Billion |
+8.19% |
| 2023-12-31 | €44.44 Billion ≈ $51.95 Billion |
-0.78% |
| 2022-12-31 | €44.78 Billion ≈ $52.36 Billion |
-6.64% |
| 2021-12-31 | €47.97 Billion ≈ $56.08 Billion |
+4.05% |
| 2020-12-31 | €46.10 Billion ≈ $53.89 Billion |
+4.15% |
| 2019-12-31 | €44.26 Billion ≈ $51.75 Billion |
+14.94% |
| 2018-12-31 | €38.51 Billion ≈ $45.02 Billion |
-0.66% |
| 2017-12-31 | €38.76 Billion ≈ $45.32 Billion |
+16.31% |
| 2016-12-31 | €33.33 Billion ≈ $38.97 Billion |
+23.49% |
| 2015-12-31 | €26.99 Billion ≈ $31.55 Billion |
+5.53% |
| 2014-12-31 | €25.58 Billion ≈ $29.90 Billion |
+14.88% |
| 2013-12-31 | €22.26 Billion ≈ $26.03 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Bangkok Life Assurance 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 192.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €40.20 Billion | 83.63% |
| Other Components | €7.87 Billion | 16.37% |
| Total Equity | €48.07 Billion | 100.00% |
Bangkok Life Assurance Public Company Limited Competitors by Market Cap
The table below lists competitors of Bangkok Life Assurance Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Wencan Die Casting Co Ltd
SHG:603348
|
$856.85 Million |
|
Yuhuan CNC Machine Tool Co Ltd
SHE:002903
|
$856.89 Million |
|
SEC Electric Mach Co Ltd
SHG:603988
|
$857.33 Million |
|
Republic Airways Holdings Inc
NASDAQ:RJET
|
$857.33 Million |
|
China Railway Signal & Communication Corporation Limited
F:RS3
|
$856.25 Million |
|
Omnijoi Media Corp
SHE:300528
|
$856.03 Million |
|
Salfacorp
SN:SALFACORP
|
$855.74 Million |
|
Jdd Tech New Mat Co Ltd
SHE:301538
|
$855.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bangkok Life Assurance Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 44,434,991,000 to 48,072,187,000, a change of 3,637,196,000 (8.2%).
- Net income of 3,623,012,000 contributed positively to equity growth.
- Dividend payments of 679,873,000 reduced retained earnings.
- Other factors increased equity by 694,057,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.62 Billion | +7.54% |
| Dividends Paid | €679.87 Million | -1.41% |
| Other Changes | €694.06 Million | +1.44% |
| Total Change | €- | 8.19% |
Book Value vs Market Value Analysis
This analysis compares Bangkok Life Assurance 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: 0.02x
- 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 | €22.69 | €0.54 | x |
| 2018-12-31 | €22.55 | €0.54 | x |
| 2019-12-31 | €25.90 | €0.54 | x |
| 2020-12-31 | €27.00 | €0.54 | x |
| 2021-12-31 | €28.09 | €0.54 | x |
| 2022-12-31 | €26.23 | €0.54 | x |
| 2023-12-31 | €26.02 | €0.54 | x |
| 2024-12-31 | €28.15 | €0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bangkok Life Assurance 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): 7.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.93%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 6.54x
- Recent ROE (7.54%) is below the historical average (10.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 19.68% | 9.43% | 0.27x | 7.72x | €2.15 Billion |
| 2014 | 10.36% | 4.31% | 0.29x | 8.43x | €92.19 Million |
| 2015 | 15.22% | 7.42% | 0.22x | 9.25x | €1.41 Billion |
| 2016 | 15.34% | 9.21% | 0.20x | 8.47x | €1.78 Billion |
| 2017 | 9.38% | 6.45% | 0.18x | 7.97x | €-239.76 Million |
| 2018 | 12.91% | 9.23% | 0.17x | 8.43x | €1.12 Billion |
| 2019 | 9.92% | 8.97% | 0.15x | 7.55x | €-36.54 Million |
| 2020 | 3.49% | 3.40% | 0.14x | 7.37x | €-3.00 Billion |
| 2021 | 6.66% | 6.70% | 0.14x | 7.24x | €-1.60 Billion |
| 2022 | 7.17% | 6.67% | 0.14x | 7.65x | €-1.27 Billion |
| 2023 | 5.73% | 5.68% | 0.14x | 7.34x | €-1.90 Billion |
| 2024 | 7.54% | 7.93% | 0.15x | 6.54x | €-1.18 Billion |
Industry Comparison
This section compares Bangkok Life Assurance Public Company Limited's net assets metrics with peer companies in the Insurance - Life industry.
Industry Context
- Industry: Insurance - Life
- Average net assets among peers: $249,473,617,714
- Average return on equity (ROE) among peers: 11.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bangkok Life Assurance Public Company Limited (XBLA) | €55.41 Billion | 19.68% | 4.87x | $856.58 Million |
| China Pacific Insurance (Group) Co. Ltd (75C) | $141.12 Billion | 10.39% | 7.30x | $12.07 Billion |
| CHINA PAC.IN.GR.GDR/5 YC1 (75CB) | $201.67 Billion | 18.54% | 9.27x | $35.85 Billion |
| China Life Insurance Company Limited (CHL) | $287.33 Billion | 11.21% | 6.82x | $27.14 Billion |
| New China Life Insurance Company Ltd (NCL) | $108.51 Billion | 13.77% | 9.39x | $6.77 Billion |
| Prudential plc (PRU2) | $17.13 Billion | 5.83% | 8.69x | $29.96 Billion |
| Ping An Insurance (Group) Company of China Ltd (PZX) | $987.90 Billion | 14.49% | 8.64x | $60.05 Billion |
| Wüstenrot & Württembergische AG (WUW) | $2.65 Billion | 8.39% | 25.27x | $1.45 Billion |
About Bangkok Life Assurance Public Company Limited
Bangkok Life Assurance Public Company Limited, together with its subsidiaries, provides life insurance services in Thailand. The company's life insurance products include protection, savings, education, pension, health, critical illness, total permanent disability, and accident plans products. It also provides group insurance; and general insurance products comprises personal and business all ris… Read more