Arrow Syndicate Public Company Limited

BK:ARROW Thailand Building Products & Equipment
Market Cap
$38.15 Million
฿1.32 Billion THB
Market Cap Rank
#27594 Global
#474 in Thailand
Share Price
฿5.15
Change (1 day)
+0.00%
52-Week Range
฿4.82 - ฿5.50
All Time High
฿13.48
Categories
Companies in Thailand Building Products & Equipment
About

Arrow Syndicate Public Company Limited manufactures and sells various conduits in construction and building, electrical conduits, and PPR piping for water treatment systems in Thailand. It offers electrical conduits, including intermediate metallic, rigid steel, squarelocked and interlocked flexible metallic, and liquid tight flexible metallic conduits, as well as electrical metallic tubing produ… Read more

Arrow Syndicate Public Company Limited (ARROW) - Net Assets

Latest net assets as of September 2025: ฿1.27 Billion THB

Based on the latest financial reports, Arrow Syndicate Public Company Limited (ARROW) has net assets worth ฿1.27 Billion THB as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.66 Billion) and total liabilities (฿390.27 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 ฿1.27 Billion
% of Total Assets 76.5%
Annual Growth Rate 12.61%
5-Year Change 3.73%
10-Year Change 37.6%
Growth Volatility 29.64

Arrow Syndicate Public Company Limited - Net Assets Trend (2011–2024)

This chart illustrates how Arrow Syndicate 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 Arrow Syndicate Public Company Limited (2011–2024)

The table below shows the annual net assets of Arrow Syndicate Public Company Limited from 2011 to 2024.

Year Net Assets Change
2024-12-31 ฿1.25 Billion +1.81%
2023-12-31 ฿1.23 Billion +1.23%
2022-12-31 ฿1.22 Billion -1.85%
2021-12-31 ฿1.24 Billion +2.55%
2020-12-31 ฿1.21 Billion +1.72%
2019-12-31 ฿1.19 Billion +7.04%
2018-12-31 ฿1.11 Billion +2.53%
2017-12-31 ฿1.08 Billion +5.51%
2016-12-31 ฿1.03 Billion +12.61%
2015-12-31 ฿910.76 Million +31.13%
2014-12-31 ฿694.54 Million +11.32%
2013-12-31 ฿623.93 Million +8.95%
2012-12-31 ฿572.69 Million +114.07%
2011-12-31 ฿267.53 Million --

Equity Component Analysis

This analysis shows how different components contribute to Arrow Syndicate 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 449.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿703.93 Million 55.01%
Common Stock ฿256.90 Million 20.08%
Other Comprehensive Income ฿26.70 Million 2.09%
Other Components ฿292.05 Million 22.82%
Total Equity ฿1.28 Billion 100.00%

Arrow Syndicate Public Company Limited Competitors by Market Cap

The table below lists competitors of Arrow Syndicate Public Company Limited ranked by their market capitalization.

Company Market Cap
Applied Therapeutics Inc
NASDAQ:APLT
 		$12.34 Million
4DS Memory Ltd
AU:4DS
 		$12.35 Million
Tekna Holding AS
OL:TEKNA
 		$12.35 Million
AGAT EJENDOMME NAM. DK 1
F:2TD
 		$12.36 Million
Stella Holdings Bhd
KLSE:5006
 		$12.33 Million
Hookipa Pharma Inc
NASDAQ:HOOK
 		$12.33 Million
MetaLabs Co Ltd
KO:090370
 		$12.33 Million
CN SINGYES
F:KG0A
 		$12.33 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Arrow Syndicate Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,257,347,350 to 1,279,583,277, a change of 22,235,927 (1.8%).
  • Net income of 112,149,844 contributed positively to equity growth.
  • Dividend payments of 89,913,968 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿112.15 Million +8.76%
Dividends Paid ฿89.91 Million -7.03%
Other Changes ฿51.40 +0.0%
Total Change ฿- 1.77%

Book Value vs Market Value Analysis

This analysis compares Arrow Syndicate 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: 1.03x
  • 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 4.82x to 1.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 ฿1.07 ฿5.15 x
2012-12-31 ฿3.59 ฿5.15 x
2013-12-31 ฿2.77 ฿5.15 x
2014-12-31 ฿3.07 ฿5.15 x
2015-12-31 ฿3.76 ฿5.15 x
2016-12-31 ฿4.03 ฿5.15 x
2017-12-31 ฿4.24 ฿5.15 x
2018-12-31 ฿4.37 ฿5.15 x
2019-12-31 ฿4.73 ฿5.15 x
2020-12-31 ฿4.85 ฿5.15 x
2021-12-31 ฿4.95 ฿5.15 x
2022-12-31 ฿4.84 ฿5.15 x
2023-12-31 ฿4.89 ฿5.15 x
2024-12-31 ฿4.98 ฿5.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Arrow Syndicate 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): 8.76%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.70%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 1.16x
  • Recent ROE (8.76%) is below the historical average (16.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 19.89% 7.88% 1.16x 2.18x ฿26.45 Million
2012 16.33% 12.06% 1.11x 1.22x ฿36.25 Million
2013 20.78% 14.72% 1.20x 1.17x ฿67.24 Million
2014 21.37% 14.78% 1.29x 1.12x ฿78.96 Million
2015 27.07% 20.31% 1.19x 1.12x ฿154.90 Million
2016 25.78% 19.38% 1.13x 1.17x ฿160.81 Million
2017 17.84% 13.32% 1.12x 1.19x ฿84.07 Million
2018 13.86% 10.46% 1.00x 1.33x ฿42.83 Million
2019 17.05% 14.16% 0.93x 1.30x ฿84.97 Million
2020 13.67% 13.06% 0.79x 1.33x ฿45.39 Million
2021 10.17% 12.09% 0.67x 1.26x ฿2.20 Million
2022 7.46% 6.88% 0.78x 1.38x ฿-31.62 Million
2023 8.08% 7.60% 0.87x 1.22x ฿-24.10 Million
2024 8.76% 8.70% 0.87x 1.16x ฿-15.81 Million

Industry Comparison

This section compares Arrow Syndicate Public Company Limited's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

  • Industry: Building Products & Equipment
  • Average net assets among peers: $1,742,213,595
  • Average return on equity (ROE) among peers: 12.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Arrow Syndicate Public Company Limited (ARROW) ฿1.27 Billion 19.89% 0.31x $12.34 Million
Twenty-Four Con & Supply PCL (24CS) $609.07 Million 4.02% 0.67x $11.43 Million
BuilderSmart Public Company Limited (BSM) $38.55 Million 34.07% 1.82x $1.19 Million
Dynasty Ceramic Public Company Limited (DCC-R) $6.01 Billion 27.14% 0.56x $164.42 Million
Diamond Building Products Public Company Limited (DRT) $2.58 Billion 24.71% 0.46x $41.69 Million
Origin Global Empire Public Company Limited (EMPIRE) $609.07 Million 4.02% 0.67x $2.46 Million
Quality Construction Products Public Company Limited (Q-CON) $2.01 Billion 6.37% 0.16x $14.34 Million
The Union Mosaic Industry Public Company Limited (UMI) $1.14 Billion -10.48% 1.23x $7.54 Million
WIIK Public Company Limited (WIIK) $940.98 Million 9.59% 0.84x $18.83 Million