Haad Thip Public Company Limited
Haad Thip Public Company Limited, together with its subsidiaries, manufactures and distributes soft drinks in Thailand. The company operates in Carbonated Soft Drink and Real Estate segments. It provides sparkling beverages under the Coca-Cola, Fanta, and Sprite trademarks; and non-carbonated/still beverages under the Minute Maid and Namthip Drinking Water trademarks. The company also manufacture… Read more
Haad Thip Public Company Limited (HAATF) - Net Assets
Latest net assets as of September 2025: $4.17 Billion USD
Based on the latest financial reports, Haad Thip Public Company Limited (HAATF) has net assets worth $4.17 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 ($7.50 Billion) and total liabilities ($3.33 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 | $4.17 Billion |
| % of Total Assets | 55.57% |
| Annual Growth Rate | 7.98% |
| 5-Year Change | 19.36% |
| 10-Year Change | 75.43% |
| Growth Volatility | 12.47 |
Haad Thip Public Company Limited - Net Assets Trend (2005–2024)
This chart illustrates how Haad Thip 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 Haad Thip Public Company Limited (2005–2024)
The table below shows the annual net assets of Haad Thip Public Company Limited from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.12 Billion | +4.92% |
| 2023-12-31 | $3.93 Billion | +4.69% |
| 2022-12-31 | $3.75 Billion | +3.86% |
| 2021-12-31 | $3.61 Billion | +4.63% |
| 2020-12-31 | $3.45 Billion | +18.50% |
| 2019-12-31 | $2.91 Billion | +7.46% |
| 2018-12-31 | $2.71 Billion | +1.76% |
| 2017-12-31 | $2.67 Billion | +7.76% |
| 2016-12-31 | $2.47 Billion | +5.24% |
| 2015-12-31 | $2.35 Billion | +53.59% |
| 2014-12-31 | $1.53 Billion | +2.38% |
| 2013-12-31 | $1.49 Billion | +15.36% |
| 2012-12-31 | $1.30 Billion | +9.36% |
| 2011-12-31 | $1.18 Billion | -4.14% |
| 2010-12-31 | $1.24 Billion | +23.22% |
| 2009-12-31 | $1.00 Billion | +3.72% |
| 2008-12-31 | $966.86 Million | +1.64% |
| 2007-12-31 | $951.24 Million | -2.67% |
| 2006-12-31 | $977.31 Million | +1.96% |
| 2005-12-31 | $958.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Haad Thip 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 188095270600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.88 Billion | 45.63% |
| Common Stock | $200.96 Million | 4.87% |
| Other Comprehensive Income | $60.00 Million | 1.46% |
| Other Components | $1.98 Billion | 48.04% |
| Total Equity | $4.12 Billion | 100.00% |
Haad Thip Public Company Limited Competitors by Market Cap
The table below lists competitors of Haad Thip Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
eGalax_eMPIA Technology
TWO:3556
|
$69.52 Million |
|
Harel Insurance Investments & Financial Services Ltd
TA:HARL
|
$69.53 Million |
|
Forrester Research Inc
NASDAQ:FORR
|
$69.55 Million |
|
Li Peng Enterprise Co Ltd
TW:1447
|
$69.58 Million |
|
Toya SA
WAR:TOA
|
$69.47 Million |
|
Tri City Bankshares Corp
PINK:TRCY
|
$69.47 Million |
|
Mufin Green Finance Ltd
NSE:MUFIN
|
$69.45 Million |
|
Ocean Power Technologies Inc
NYSE MKT:OPTT
|
$69.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Haad Thip Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,928,793,812 to 4,122,490,275, a change of 193,696,463 (4.9%).
- Net income of 601,680,656 contributed positively to equity growth.
- Dividend payments of 417,997,758 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $601.68 Million | +14.6% |
| Dividends Paid | $418.00 Million | -10.14% |
| Other Changes | $10.01 Million | +0.24% |
| Total Change | $- | 4.93% |
Book Value vs Market Value Analysis
This analysis compares Haad Thip 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 |
|---|---|---|---|
| 2005-12-31 | $5.53 | $0.48 | x |
| 2006-12-31 | $5.31 | $0.48 | x |
| 2007-12-31 | $5.16 | $0.48 | x |
| 2008-12-31 | $5.25 | $0.48 | x |
| 2009-12-31 | $5.44 | $0.48 | x |
| 2010-12-31 | $6.71 | $0.48 | x |
| 2011-12-31 | $6.43 | $0.48 | x |
| 2012-12-31 | $7.03 | $0.48 | x |
| 2013-12-31 | $7.63 | $0.48 | x |
| 2014-12-31 | $7.68 | $0.48 | x |
| 2015-12-31 | $11.80 | $0.48 | x |
| 2016-12-31 | $12.41 | $0.48 | x |
| 2017-12-31 | $13.38 | $0.48 | x |
| 2018-12-31 | $13.61 | $0.48 | x |
| 2019-12-31 | $14.58 | $0.48 | x |
| 2020-12-31 | $17.16 | $0.48 | x |
| 2021-12-31 | $17.96 | $0.48 | x |
| 2022-12-31 | $9.34 | $0.48 | x |
| 2023-12-31 | $9.78 | $0.48 | x |
| 2024-12-31 | $10.24 | $0.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Haad Thip 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): 14.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.40%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.77x
- Recent ROE (14.60%) is above the historical average (8.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 1.30% | 0.61% | 1.34x | 1.60x | $-83.36 Million |
| 2006 | 5.21% | 2.16% | 1.48x | 1.63x | $-46.77 Million |
| 2007 | 0.35% | 0.13% | 1.68x | 1.60x | $-91.81 Million |
| 2008 | 2.25% | 0.78% | 1.70x | 1.69x | $-74.91 Million |
| 2009 | 4.48% | 1.49% | 1.70x | 1.76x | $-55.40 Million |
| 2010 | 6.09% | 2.15% | 1.77x | 1.60x | $-48.32 Million |
| 2011 | 3.36% | 1.09% | 1.74x | 1.78x | $-78.70 Million |
| 2012 | 9.13% | 2.72% | 1.65x | 2.03x | $-11.30 Million |
| 2013 | 12.23% | 3.88% | 1.45x | 2.17x | $33.31 Million |
| 2014 | 7.53% | 2.21% | 1.54x | 2.21x | $-37.77 Million |
| 2015 | 4.29% | 1.87% | 1.21x | 1.90x | $-134.12 Million |
| 2016 | 9.75% | 4.23% | 1.21x | 1.90x | $-6.24 Million |
| 2017 | 10.63% | 5.00% | 1.23x | 1.73x | $16.78 Million |
| 2018 | 9.18% | 4.37% | 1.20x | 1.75x | $-22.16 Million |
| 2019 | 15.12% | 6.50% | 1.38x | 1.68x | $149.23 Million |
| 2020 | 16.41% | 8.81% | 1.21x | 1.54x | $221.28 Million |
| 2021 | 14.84% | 8.21% | 1.20x | 1.50x | $174.52 Million |
| 2022 | 11.59% | 6.17% | 1.19x | 1.58x | $59.84 Million |
| 2023 | 15.24% | 9.41% | 0.98x | 1.65x | $205.68 Million |
| 2024 | 14.60% | 7.40% | 1.11x | 1.77x | $189.43 Million |
Industry Comparison
This section compares Haad Thip Public Company Limited's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $91,942,689,968
- Average return on equity (ROE) among peers: -129.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Haad Thip Public Company Limited (HAATF) | $4.17 Billion | 1.30% | 0.80x | $69.49 Million |
| Embotelladora Andina S.A (AKO-B) | $919.00 Billion | 8.21% | 1.47x | $4.29 Billion |
| Alkame Holdings Inc (ALKM) | $-39.16K | 0.00% | 0.00x | $549.92K |
| Apple Rush Company (APRU) | $52.46K | -1399.10% | 30.30x | $11.05 |
| Signet International Holdings Inc (AQPW) | $129.01K | -179.65% | 2.11x | $740.86K |
| A1 Group Inc (AWON) | $-124.65K | 0.00% | 0.00x | $25.26 |
| A.G. BARR p.l.c (BAGFF) | $292.70 Million | 13.15% | 0.37x | $578.72 Million |
| Blue Gem Enterprise (BGEM) | $10.00K | -60.00% | 0.00x | $0.96 |
| Barfresh Food Group Inc (BRFH) | $1.07 Million | -353.23% | 2.45x | $18.15 Million |
| Britvic plc (BTVCF) | $134.97 Million | 107.94% | 12.26x | $3.84 Billion |
| Buda Juice, Inc. (BUDA) | $401.00K | 564.09% | 6.39x | $21.46 Million |