Land and Houses Public Company Limited
Land and Houses Public Company Limited engages in the property development activities in Thailand and the United States. It operates in two segments, Real Estate Business, and Rental and Service Business. The Real Estate Business segment develops and sells single detached houses, townhouses, and residence condominium projects. The Rental and Service Business segment is involved in the rental of s… Read more
Land and Houses Public Company Limited (LDHOF) - Net Assets
Latest net assets as of September 2025: $53.94 Billion USD
Based on the latest financial reports, Land and Houses Public Company Limited (LDHOF) has net assets worth $53.94 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 ($143.06 Billion) and total liabilities ($89.12 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 | $53.94 Billion |
| % of Total Assets | 37.7% |
| Annual Growth Rate | 1.2% |
| 5-Year Change | 3.21% |
| 10-Year Change | N/A |
| Growth Volatility | 3.05 |
Land and Houses Public Company Limited - Net Assets Trend (2015–2024)
This chart illustrates how Land and Houses 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 Land and Houses Public Company Limited (2015–2024)
The table below shows the annual net assets of Land and Houses Public Company Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $52.22 Billion | -0.02% |
| 2023-12-31 | $52.23 Billion | -0.10% |
| 2022-12-31 | $52.28 Billion | +3.24% |
| 2021-12-31 | $50.65 Billion | +0.09% |
| 2020-12-31 | $50.60 Billion | -4.86% |
| 2019-12-31 | $53.18 Billion | +4.79% |
| 2018-12-31 | $50.75 Billion | -0.11% |
| 2017-12-31 | $50.81 Billion | +5.96% |
| 2016-12-31 | $47.95 Billion | +2.25% |
| 2015-12-31 | $46.90 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Land and Houses 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 47.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $24.36 Billion | 47.31% |
| Other Components | $27.13 Billion | 52.69% |
| Total Equity | $51.48 Billion | 100.00% |
Land and Houses Public Company Limited Competitors by Market Cap
The table below lists competitors of Land and Houses Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spectrum Brands Holdings Inc
NYSE:SPB
|
$1.54 Billion |
|
BRDNF
PINK:BRDNF
|
$1.54 Billion |
|
Chengdu Wintrue Holding Co Ltd
SHE:002539
|
$1.54 Billion |
|
China Coal Xinji Energy Co Ltd
SHG:601918
|
$1.54 Billion |
|
Camurus AB
ST:CAMX
|
$1.54 Billion |
|
Shanghai Phichem Material Co Ltd Class A
SHE:300398
|
$1.54 Billion |
|
Shenzhen Ysstech Info-Tech Co Ltd
SHE:300377
|
$1.54 Billion |
|
Henan Huanghe Whirlwind Co Ltd
SHG:600172
|
$1.54 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Land and Houses Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 51,512,533,454 to 51,483,262,894, a change of -29,270,560 (-0.1%).
- Net income of 5,490,581,306 contributed positively to equity growth.
- Dividend payments of 5,376,664,537 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.49 Billion | +10.66% |
| Dividends Paid | $5.38 Billion | -10.44% |
| Other Changes | $-143.19 Million | -0.28% |
| Total Change | $- | -0.06% |
Book Value vs Market Value Analysis
This analysis compares Land and Houses 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 |
|---|---|---|---|
| 2020-12-31 | $4.18 | $0.20 | x |
| 2021-12-31 | $4.18 | $0.20 | x |
| 2022-12-31 | $4.32 | $0.20 | x |
| 2023-12-31 | $4.31 | $0.20 | x |
| 2024-12-31 | $4.31 | $0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Land and Houses 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): 10.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.38%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 2.81x
- Recent ROE (10.66%) is below the historical average (16.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 17.36% | 29.87% | 0.27x | 2.15x | $3.36 Billion |
| 2016 | 18.36% | 28.58% | 0.30x | 2.16x | $3.92 Billion |
| 2017 | 20.90% | 29.72% | 0.32x | 2.19x | $5.46 Billion |
| 2018 | 20.96% | 30.30% | 0.31x | 2.23x | $5.48 Billion |
| 2019 | 19.11% | 32.97% | 0.27x | 2.16x | $4.78 Billion |
| 2020 | 14.32% | 23.55% | 0.25x | 2.46x | $2.15 Billion |
| 2021 | 13.89% | 21.21% | 0.26x | 2.51x | $1.94 Billion |
| 2022 | 16.12% | 23.04% | 0.29x | 2.40x | $3.15 Billion |
| 2023 | 14.52% | 27.45% | 0.21x | 2.56x | $2.33 Billion |
| 2024 | 10.66% | 21.38% | 0.18x | 2.81x | $342.26 Million |
Industry Comparison
This section compares Land and Houses Public Company Limited's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Land and Houses Public Company Limited (LDHOF) | $53.94 Billion | 17.36% | 1.65x | $1.54 Billion |
| Abcam plc (ABCZF) | $726.90 Million | -1.17% | 0.45x | $5.00 Billion |
| Able View Global Inc. Warrant (ABLVW) | $11.42 Million | 85.41% | 3.81x | $277.93K |
| Above Food Ingredients Inc. Warrants (ABVEW) | $199.86 Million | -2.89% | 0.00x | $6.25 Million |
| Adamas Trust, Inc. (ADAMG) | $2.43 Billion | 7.94% | 1.33x | $2.09 Billion |
| ADS-TEC ENERGY PLC Warrant (ADSEW) | $33.92 Million | -162.39% | 2.67x | $10.06 Million |
| Alliance Entertainment Holding Corporation Warrants (AENTW) | $52.92 Million | 10.13% | 4.23x | $2.29 Million |
| Forafric Global PLC Warrants (AFRIW) | $5.32 Million | -457.58% | 45.29x | $2.67 Million |
| Centurion Acquisition Corp. Warrant (ALFUW) | $282.84 Million | 1.97% | 0.05x | $4.81 Million |
| Alliance Trust PLC (ALITF) | $4.04 Billion | 10.04% | 0.29x | $112.87K |
| Alvotech Warrant (ALVOW) | $-564.42 Million | 0.00% | 0.00x | $35.01 Million |