Minor International Public Company Limited
Minor International Public Company Limited, together with its subsidiaries, operates as a hospitality, restaurant, and lifestyle company in Thailand, Australia, New Zealand, Europe, Latin America, Maldives, the Middle East, the People's Republic of China, and internationally. The company operates through three segments: Hotel, Mixed use and others, and Restaurant. The company operates hotels and … Read more
Minor International Public Company Limited (MINOF) - Net Assets
Latest net assets as of December 2025: $65.88 Billion USD
Based on the latest financial reports, Minor International Public Company Limited (MINOF) has net assets worth $65.88 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($357.04 Billion) and total liabilities ($291.15 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 | $65.88 Billion |
| % of Total Assets | 18.45% |
| Annual Growth Rate | 13.25% |
| 5-Year Change | -17.12% |
| 10-Year Change | 61.49% |
| Growth Volatility | 19.6 |
Minor International Public Company Limited - Net Assets Trend (2003–2025)
This chart illustrates how Minor International 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 Minor International Public Company Limited (2003–2025)
The table below shows the annual net assets of Minor International Public Company Limited from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $65.88 Billion | -33.54% |
| 2024-12-31 | $99.14 Billion | +13.57% |
| 2023-12-31 | $87.29 Billion | +5.67% |
| 2022-12-31 | $82.61 Billion | +3.92% |
| 2021-12-31 | $79.49 Billion | +4.15% |
| 2020-12-31 | $76.32 Billion | -11.11% |
| 2019-12-31 | $85.87 Billion | +3.36% |
| 2018-12-31 | $83.07 Billion | +66.08% |
| 2017-12-31 | $50.02 Billion | +22.61% |
| 2016-12-31 | $40.80 Billion | +13.59% |
| 2015-12-31 | $35.92 Billion | +19.62% |
| 2014-12-31 | $30.02 Billion | +11.72% |
| 2013-12-31 | $26.87 Billion | +38.91% |
| 2012-12-31 | $19.35 Billion | +29.54% |
| 2011-12-31 | $14.93 Billion | +8.17% |
| 2010-12-31 | $13.81 Billion | +14.53% |
| 2009-12-31 | $12.05 Billion | -2.81% |
| 2008-12-31 | $12.40 Billion | +27.76% |
| 2007-12-31 | $9.71 Billion | +19.49% |
| 2006-12-31 | $8.12 Billion | +36.81% |
| 2005-12-31 | $5.94 Billion | +4.64% |
| 2004-12-31 | $5.68 Billion | +33.16% |
| 2003-12-31 | $4.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Minor International 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 327.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.86 Billion | 6.63% |
| Common Stock | $5.67 Billion | 9.74% |
| Other Comprehensive Income | $12.85 Billion | 22.08% |
| Other Components | $35.80 Billion | 61.54% |
| Total Equity | $58.18 Billion | 100.00% |
Minor International Public Company Limited Competitors by Market Cap
The table below lists competitors of Minor International Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fulton Financial Corporation
NASDAQ:FULT
|
$3.48 Billion |
|
SPIRIT AERO HLDG-A
MU:S9Q
|
$3.48 Billion |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748
|
$3.48 Billion |
|
Shake Shack Inc
NYSE:SHAK
|
$3.48 Billion |
|
Shenzhen Sunlord Electronics Co Ltd
SHE:002138
|
$3.48 Billion |
|
PrairieSky Royalty Ltd
PINK:PREKF
|
$3.48 Billion |
|
Quálitas Controladora S.A.B. de C.V
OTCGREY:QUCOF
|
$3.47 Billion |
|
Santen Pharmaceutical Co. Ltd
PINK:SNPHF
|
$3.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minor International Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 87,833,735,000 to 58,175,503,000, a change of -29,658,232,000 (-33.8%).
- Net income of 9,001,991,000 contributed positively to equity growth.
- Dividend payments of 3,682,261,000 reduced retained earnings.
- Share repurchases of 237,131,000 reduced equity.
- Other comprehensive income increased equity by 12,247,912,000.
- Other factors decreased equity by 46,988,743,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.00 Billion | +15.47% |
| Dividends Paid | $3.68 Billion | -6.33% |
| Share Repurchases | $237.13 Million | -0.41% |
| Other Comprehensive Income | $12.25 Billion | +21.05% |
| Other Changes | $-46.99 Billion | -80.77% |
| Total Change | $- | -33.77% |
Book Value vs Market Value Analysis
This analysis compares Minor International 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: 0.09x
- 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.
- The price-to-book ratio has decreased from 0.60x to 0.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $1.58 | $0.95 | x |
| 2004-12-31 | $1.49 | $0.95 | x |
| 2005-12-31 | $1.52 | $0.95 | x |
| 2006-12-31 | $1.93 | $0.95 | x |
| 2007-12-31 | $2.27 | $0.95 | x |
| 2008-12-31 | $2.95 | $0.95 | x |
| 2009-12-31 | $2.76 | $0.95 | x |
| 2010-12-31 | $3.20 | $0.95 | x |
| 2011-12-31 | $3.56 | $0.95 | x |
| 2012-12-31 | $4.36 | $0.95 | x |
| 2013-12-31 | $5.72 | $0.95 | x |
| 2014-12-31 | $6.28 | $0.95 | x |
| 2015-12-31 | $7.34 | $0.95 | x |
| 2016-12-31 | $8.35 | $0.95 | x |
| 2017-12-31 | $10.50 | $0.95 | x |
| 2018-12-31 | $15.34 | $0.95 | x |
| 2019-12-31 | $16.09 | $0.95 | x |
| 2020-12-31 | $13.79 | $0.95 | x |
| 2021-12-31 | $13.09 | $0.95 | x |
| 2022-12-31 | $13.37 | $0.95 | x |
| 2023-12-31 | $13.99 | $0.95 | x |
| 2024-12-31 | $15.52 | $0.95 | x |
| 2025-12-31 | $10.26 | $0.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minor International 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): 15.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.61%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 6.14x
- Recent ROE (15.47%) is above the historical average (10.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 11.21% | 8.59% | 0.43x | 3.07x | $43.25 Million |
| 2004 | 16.20% | 8.64% | 0.58x | 3.21x | $272.46 Million |
| 2005 | 20.09% | 10.16% | 0.68x | 2.92x | $533.02 Million |
| 2006 | 16.89% | 10.30% | 0.70x | 2.35x | $522.30 Million |
| 2007 | 17.51% | 11.48% | 0.66x | 2.31x | $690.77 Million |
| 2008 | 16.79% | 11.97% | 0.66x | 2.13x | $799.63 Million |
| 2009 | 12.56% | 8.18% | 0.61x | 2.54x | $285.11 Million |
| 2010 | 9.60% | 6.58% | 0.58x | 2.54x | $-51.31 Million |
| 2011 | 20.05% | 10.26% | 0.69x | 2.84x | $1.44 Billion |
| 2012 | 18.80% | 10.89% | 0.61x | 2.81x | $1.60 Billion |
| 2013 | 16.35% | 11.83% | 0.58x | 2.39x | $1.59 Billion |
| 2014 | 15.69% | 11.90% | 0.50x | 2.65x | $1.60 Billion |
| 2015 | 21.46% | 16.59% | 0.44x | 2.92x | $3.76 Billion |
| 2016 | 17.62% | 12.88% | 0.47x | 2.90x | $2.85 Billion |
| 2017 | 11.44% | 9.84% | 0.46x | 2.50x | $682.54 Million |
| 2018 | 7.57% | 7.22% | 0.28x | 3.72x | $-1.75 Billion |
| 2019 | 14.18% | 8.99% | 0.47x | 3.37x | $3.15 Billion |
| 2020 | -33.90% | -40.57% | 0.15x | 5.41x | $-29.40 Billion |
| 2021 | -20.84% | -20.40% | 0.19x | 5.43x | $-20.98 Billion |
| 2022 | 6.03% | 3.57% | 0.33x | 5.04x | $-2.82 Billion |
| 2023 | 7.06% | 3.55% | 0.42x | 4.69x | $-2.26 Billion |
| 2024 | 8.82% | 4.80% | 0.47x | 3.95x | $-1.03 Billion |
| 2025 | 15.47% | 5.61% | 0.45x | 6.14x | $3.18 Billion |
Industry Comparison
This section compares Minor International Public Company Limited's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,970,545,872
- Average return on equity (ROE) among peers: 4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minor International Public Company Limited (MINOF) | $65.88 Billion | 11.21% | 4.42x | $3.48 Billion |
| Accor SA (ACRFF) | $4.46 Billion | 9.02% | 1.63x | $6.73 Billion |
| AGORA Hospitality Group Co. Ltd (AGORF) | $12.29 Billion | -2.19% | 0.76x | $22.95 Million |
| Atour Lifestyle Holdings Limited American Depositary Shares (ATAT) | $1.19 Billion | 8.41% | 3.01x | $4.79 Billion |
| Buck Hill Falls Company (BUHF) | $989.27K | 5.53% | 2.14x | $120.32K |
| The Castle Group Inc (CAGU) | $1.65 Million | 10.61% | 6.71x | $3.95K |
| Choice Hotels International Inc (CHH) | $49.30 Million | 55.38% | 6.63x | $3.30 Billion |
| Clarke Inc (CLKFF) | $168.60 Million | -11.39% | 0.84x | $49.67 Million |
| Candlewood Hotel Company Inc (CNDL) | $-45.47 Million | 0.00% | 0.00x | $0.91 |
| Civeo Corp (CVEO) | $375.36 Million | -35.77% | 0.97x | $201.56 Million |
| Dalata Hotel Group plc (DLTTF) | $1.22 Billion | 7.91% | 0.86x | $735.84 Million |