News Network Corporation Public Company Limited

BK:NEWS Thailand Software - Application
Market Cap
$52.96 Million
฿1.84 Billion THB
Market Cap Rank
#26117 Global
#406 in Thailand
Share Price
฿0.01
Change (1 day)
+0.00%
52-Week Range
฿0.01 - ฿0.02
All Time High
฿0.09
About

SPT X Public Company Limited, together with its subsidiaries, engages in the securities business Thailand. The company provides securities, future, and derivatives brokerage services; invests in securities business; operates an institution learning academy related to investing in financial instruments, such as securities, derivatives, and others; and distributes and sells books related to investm… Read more

News Network Corporation Public Company Limited (NEWS) - Total Assets

Latest total assets as of September 2025: ฿1.98 Billion THB

Based on the latest financial reports, News Network Corporation Public Company Limited (NEWS) holds total assets worth ฿1.98 Billion THB as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

News Network Corporation Public Company Limited - Total Assets Trend (2003–2024)

This chart illustrates how News Network Corporation Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

News Network Corporation Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2024)

News Network Corporation Public Company Limited's total assets of ฿1.98 Billion consist of 27.0% current assets and 73.0% non-current assets.

Asset Category Amount (THB) % of Total Assets
Cash & Equivalents ฿0.00 6.2%
Accounts Receivable ฿313.54 Million 16.3%
Inventory ฿7.41 Million 0.4%
Property, Plant & Equipment ฿0.00 0.0%
Intangible Assets ฿789.07 Million 40.9%
Goodwill ฿410.48 Million 21.3%

Asset Composition Trend (2003–2024)

This chart illustrates how News Network Corporation Public Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: News Network Corporation Public Company Limited's current assets represent 27.0% of total assets in 2024, a decrease from 74.1% in 2003.
  • Cash Position: Cash and equivalents constituted 6.2% of total assets in 2024, down from 7.8% in 2003.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 61.0% of total assets, an increase from 0.0% in 2003.
  • Asset Diversification: The largest asset category is intangible assets at 40.9% of total assets.

News Network Corporation Public Company Limited Competitors by Total Assets

Key competitors of News Network Corporation Public Company Limited based on total assets are shown below.

Company Country Total Assets
Alpha Modus Holdings, Inc
NASDAQ:AMOD
USA $403.26K
Opter AB
ST:OPTER
Sweden Skr42.72 Million
TurnKey Capital Inc
PINK:TKCI
USA $870.80 Million
Digital China Information Service Co Ltd
SHE:000555
China CN¥13.60 Billion
Fujian Newland Computer Co Ltd
SHE:000997
China CN¥13.83 Billion
YGSOFT Inc
SHE:002063
China CN¥4.58 Billion
Dhc Software Co Ltd
SHE:002065
China CN¥25.81 Billion
Zhejiang Netsun Co Ltd
SHE:002095
China CN¥1.57 Billion

News Network Corporation Public Company Limited - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.00 - 0.55

Lower asset utilization - News Network Corporation Public Company Limited generates 0.10x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -68.96% - 12.76%

Negative ROA - News Network Corporation Public Company Limited is currently not profitable relative to its asset base.

News Network Corporation Public Company Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.72 1.54 0.47
Quick Ratio 0.72 1.52 0.47
Cash Ratio 0.00 0.00 0.00
Working Capital ฿-240.62 Million ฿ 231.75 Million ฿ -162.24 Million

News Network Corporation Public Company Limited - Advanced Valuation Insights

This section examines the relationship between News Network Corporation Public Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.87
Latest Market Cap to Assets Ratio 0.01
Asset Growth Rate (YoY) 52.0%
Total Assets ฿1.93 Billion
Market Capitalization $17.40 Million USD

Valuation Analysis

Below Book Valuation: The market values News Network Corporation Public Company Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: News Network Corporation Public Company Limited's assets grew by 52.0% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for News Network Corporation Public Company Limited (2003–2024)

The table below shows the annual total assets of News Network Corporation Public Company Limited from 2003 to 2024.

Year Total Assets Change
2024-12-31 ฿1.93 Billion +51.95%
2023-12-31 ฿1.27 Billion -6.55%
2022-12-31 ฿1.36 Billion +61.65%
2021-12-31 ฿840.00 Million -8.53%
2020-12-31 ฿918.36 Million +30.07%
2019-12-31 ฿706.05 Million -37.81%
2018-12-31 ฿1.14 Billion -17.70%
2017-12-31 ฿1.38 Billion -36.67%
2016-12-31 ฿2.18 Billion -35.22%
2015-12-31 ฿3.36 Billion -23.45%
2014-12-31 ฿4.39 Billion +568.94%
2013-12-31 ฿656.75 Million +110.98%
2012-12-31 ฿311.29 Million -37.66%
2011-12-31 ฿499.34 Million +65.50%
2010-12-31 ฿301.72 Million +304.51%
2009-12-31 ฿74.59 Million -29.03%
2008-12-31 ฿105.10 Million -6.57%
2007-12-31 ฿112.49 Million -9.38%
2006-12-31 ฿124.14 Million -10.98%
2005-12-31 ฿139.45 Million +3.47%
2004-12-31 ฿134.78 Million +311.98%
2003-12-31 ฿32.71 Million --