Alucon Public Company Limited
Alucon Public Company Limited engages in producing and distributing aluminum containers primarily in Thailand. It operates in two segments, Can and Tube, and Slug. The company offers aluminum collapsible tubes; monobloc aerosol cans, and bottles; and rigid wall containers. It also provides technical impact extrusions, aluminum slugs, aluminum coils, aluminum pellets, strips, plates, etc. The comp… Read more
Alucon Public Company Limited (ALUCON) - Net Assets
Latest net assets as of December 2025: ฿7.51 Billion THB
Based on the latest financial reports, Alucon Public Company Limited (ALUCON) has net assets worth ฿7.51 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿8.48 Billion) and total liabilities (฿964.96 Million). 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 | ฿7.51 Billion |
| % of Total Assets | 88.62% |
| Annual Growth Rate | 8.73% |
| 5-Year Change | 20.03% |
| 10-Year Change | 46.47% |
| Growth Volatility | 4.69 |
Alucon Public Company Limited - Net Assets Trend (2003–2025)
This chart illustrates how Alucon 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 Alucon Public Company Limited (2003–2025)
The table below shows the annual net assets of Alucon Public Company Limited from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿7.51 Billion | +6.99% |
| 2024-12-31 | ฿7.02 Billion | +6.64% |
| 2023-12-31 | ฿6.58 Billion | +1.31% |
| 2022-12-31 | ฿6.50 Billion | +3.83% |
| 2021-12-31 | ฿6.26 Billion | +4.95% |
| 2020-12-31 | ฿5.96 Billion | +6.37% |
| 2019-12-31 | ฿5.61 Billion | +1.12% |
| 2018-12-31 | ฿5.54 Billion | +5.16% |
| 2017-12-31 | ฿5.27 Billion | +2.79% |
| 2016-12-31 | ฿5.13 Billion | +13.88% |
| 2015-12-31 | ฿4.50 Billion | +8.03% |
| 2014-12-31 | ฿4.17 Billion | +10.77% |
| 2013-12-31 | ฿3.76 Billion | +11.13% |
| 2012-12-31 | ฿3.39 Billion | +11.20% |
| 2011-12-31 | ฿3.05 Billion | +6.04% |
| 2010-12-31 | ฿2.87 Billion | +15.41% |
| 2009-12-31 | ฿2.49 Billion | +14.29% |
| 2008-12-31 | ฿2.18 Billion | +18.23% |
| 2007-12-31 | ฿1.84 Billion | +10.55% |
| 2006-12-31 | ฿1.67 Billion | +8.29% |
| 2005-12-31 | ฿1.54 Billion | +15.00% |
| 2004-12-31 | ฿1.34 Billion | +12.20% |
| 2003-12-31 | ฿1.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alucon 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 832.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿6.78 Billion | 90.29% |
| Other Components | ฿729.20 Million | 9.71% |
| Total Equity | ฿7.51 Billion | 100.00% |
Alucon Public Company Limited Competitors by Market Cap
The table below lists competitors of Alucon Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taewoong Logistics Co.Ltd
KQ:124560
|
$41.61 Million |
|
Invictus Energy Ltd
AU:IVZ
|
$41.62 Million |
|
Dwarikesh Sugar Industries Limited
NSE:DWARKESH
|
$41.62 Million |
|
Wemade Max Co. Ltd
KQ:101730
|
$41.64 Million |
|
SBI Investment KOREA Co. Ltd
KQ:019550
|
$41.60 Million |
|
1ST SUMMIT BANCORP of Johnstown Inc
PINK:FSMK
|
$41.58 Million |
|
Etteplan Oyj
HE:ETTE
|
$41.57 Million |
|
Klingelnberg AG
SW:KLIN
|
$41.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alucon Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,019,832,575 to 7,510,859,586, a change of 491,027,011 (7.0%).
- Net income of 1,014,402,314 contributed positively to equity growth.
- Dividend payments of 518,399,832 reduced retained earnings.
- Other comprehensive income decreased equity by 43,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.01 Billion | +13.51% |
| Dividends Paid | ฿518.40 Million | -6.9% |
| Other Comprehensive Income | ฿-43.20 Million | -0.58% |
| Other Changes | ฿38.22 Million | +0.51% |
| Total Change | ฿- | 6.99% |
Book Value vs Market Value Analysis
This analysis compares Alucon 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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.50x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿38.57 | ฿212.00 | x |
| 2007-12-31 | ฿42.62 | ฿212.00 | x |
| 2008-12-31 | ฿33.60 | ฿212.00 | x |
| 2009-12-31 | ฿57.60 | ฿212.00 | x |
| 2010-12-31 | ฿66.47 | ฿212.00 | x |
| 2011-12-31 | ฿70.49 | ฿212.00 | x |
| 2012-12-31 | ฿78.39 | ฿212.00 | x |
| 2013-12-31 | ฿87.11 | ฿212.00 | x |
| 2014-12-31 | ฿96.49 | ฿212.00 | x |
| 2015-12-31 | ฿104.23 | ฿212.00 | x |
| 2016-12-31 | ฿118.70 | ฿212.00 | x |
| 2017-12-31 | ฿122.02 | ฿212.00 | x |
| 2018-12-31 | ฿128.31 | ฿212.00 | x |
| 2019-12-31 | ฿129.75 | ฿212.00 | x |
| 2020-12-31 | ฿138.01 | ฿212.00 | x |
| 2021-12-31 | ฿144.85 | ฿212.00 | x |
| 2022-12-31 | ฿150.40 | ฿212.00 | x |
| 2023-12-31 | ฿152.37 | ฿212.00 | x |
| 2024-12-31 | ฿162.50 | ฿212.00 | x |
| 2025-12-31 | ฿173.86 | ฿212.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alucon 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): 13.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.68%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.13x
- Recent ROE (13.51%) is below the historical average (15.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.83% | 10.54% | 0.79x | 2.03x | ฿81.46 Million |
| 2004 | 18.05% | 10.18% | 0.81x | 2.19x | ฿107.69 Million |
| 2005 | 14.98% | 9.34% | 0.79x | 2.04x | ฿76.60 Million |
| 2006 | 14.57% | 8.17% | 0.98x | 1.82x | ฿76.14 Million |
| 2007 | 16.19% | 8.94% | 1.14x | 1.59x | ฿113.98 Million |
| 2008 | 23.42% | 13.60% | 1.01x | 1.70x | ฿292.19 Million |
| 2009 | 22.92% | 15.84% | 0.92x | 1.58x | ฿321.42 Million |
| 2010 | 18.93% | 13.03% | 0.92x | 1.57x | ฿256.42 Million |
| 2011 | 14.92% | 9.89% | 0.91x | 1.66x | ฿149.71 Million |
| 2012 | 17.73% | 12.16% | 0.93x | 1.56x | ฿261.73 Million |
| 2013 | 18.05% | 13.51% | 0.82x | 1.62x | ฿302.93 Million |
| 2014 | 18.01% | 13.35% | 0.82x | 1.64x | ฿333.91 Million |
| 2015 | 17.21% | 13.43% | 0.88x | 1.46x | ฿324.78 Million |
| 2016 | 20.86% | 17.68% | 0.93x | 1.26x | ฿557.01 Million |
| 2017 | 14.87% | 12.85% | 0.96x | 1.20x | ฿256.63 Million |
| 2018 | 12.98% | 11.42% | 0.93x | 1.22x | ฿165.36 Million |
| 2019 | 9.49% | 9.68% | 0.83x | 1.18x | ฿-28.39 Million |
| 2020 | 11.22% | 13.58% | 0.72x | 1.14x | ฿72.78 Million |
| 2021 | 11.25% | 12.33% | 0.80x | 1.14x | ฿78.47 Million |
| 2022 | 10.15% | 9.52% | 0.94x | 1.13x | ฿9.66 Million |
| 2023 | 7.69% | 8.27% | 0.82x | 1.13x | ฿-151.76 Million |
| 2024 | 11.13% | 12.56% | 0.78x | 1.13x | ฿79.15 Million |
| 2025 | 13.51% | 14.68% | 0.82x | 1.13x | ฿263.32 Million |
Industry Comparison
This section compares Alucon Public Company Limited's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $820,934,000
- Average return on equity (ROE) among peers: 6.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alucon Public Company Limited (ALUCON) | ฿7.51 Billion | 16.83% | 0.13x | $41.60 Million |
| Varopakorn Public Company Limited (VARO) | $820.93 Million | 6.35% | 0.66x | $2.34 Million |