Synergetic Auto Performance Public Company Limited (ASAP) - Net Assets

Latest as of September 2025: ฿997.82 Million THB ≈ $31.10 Million USD

Based on the latest financial reports, Synergetic Auto Performance Public Company Limited (ASAP) has net assets worth ฿997.82 Million THB (≈ $31.10 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿7.33 Billion ≈ $228.57 Million USD) and total liabilities (฿6.34 Billion ≈ $197.47 Million USD). 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. Check ASAP capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿997.82 Million
% of Total Assets	13.61%
Annual Growth Rate	11.53%
5-Year Change	-32.54%
10-Year Change	48.86%
Growth Volatility	36.72

Synergetic Auto Performance Public Company Limited - Net Assets Trend (2012–2024)

This chart illustrates how Synergetic Auto Performance Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ASAP stock market capitalisation.

Annual Net Assets for Synergetic Auto Performance Public Company Limited (2012–2024)

The table below shows the annual net assets of Synergetic Auto Performance Public Company Limited from 2012 to 2024. Also explore Synergetic Auto Performance Public Compa net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	฿884.51 Million ≈ $27.57 Million	+2.48%
2023-12-31	฿863.13 Million ≈ $26.90 Million	-23.38%
2022-12-31	฿1.13 Billion ≈ $35.11 Million	+8.99%
2021-12-31	฿1.03 Billion ≈ $32.22 Million	-21.17%
2020-12-31	฿1.31 Billion ≈ $40.86 Million	-6.59%
2019-12-31	฿1.40 Billion ≈ $43.75 Million	-6.01%
2018-12-31	฿1.49 Billion ≈ $46.55 Million	+6.26%
2017-12-31	฿1.41 Billion ≈ $43.81 Million	+111.65%
2016-12-31	฿664.01 Million ≈ $20.70 Million	+11.75%
2015-12-31	฿594.19 Million ≈ $18.52 Million	+63.62%
2014-12-31	฿363.14 Million ≈ $11.32 Million	+10.52%
2013-12-31	฿328.56 Million ≈ $10.24 Million	+37.58%
2012-12-31	฿238.82 Million ≈ $7.44 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Synergetic Auto Performance 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 decreased by 131.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	฿363.00 Million	44.44%
Other Comprehensive Income	฿19.58 Million	2.40%
Other Components	฿494.17 Million	60.50%
Total Equity	฿816.86 Million	100.00%

Synergetic Auto Performance Public Company Limited Competitors by Market Cap

The table below lists competitors of Synergetic Auto Performance Public Company Limited ranked by their market capitalization.

Company	Market Cap
Taiwan Taffeta Fabric Co Ltd TW:1454	$48.48 Million
Kworld Computer Co Ltd TWO:3287	$48.49 Million
Maison Internationale de lInformatique M2I SAS PA:ALMII	$48.49 Million
Analabs Resources Bhd KLSE:7083	$48.51 Million
Anson Resources Limited F:9MY	$48.42 Million
HLV LIMITED NSE:HLVLTD	$48.41 Million
AGROT IS:AGROT	$48.38 Million
Beijing North Star Company Limited F:BJ3	$48.35 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 845,726,588 to 816,856,858, a change of -28,869,730 (-3.4%).
Net loss of 28,422,182 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿-28.42 Million	-3.48%
Other Changes	฿-447.55K	-0.05%
Total Change	฿-	-3.41%

Book Value vs Market Value Analysis

This analysis compares Synergetic Auto Performance 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: 1.90x
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 6.51x to 1.90x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	฿0.33	฿2.14	x
2013-12-31	฿0.45	฿2.14	x
2014-12-31	฿0.50	฿2.14	x
2015-12-31	฿0.82	฿2.14	x
2016-12-31	฿0.91	฿2.14	x
2017-12-31	฿2.08	฿2.14	x
2018-12-31	฿2.06	฿2.14	x
2019-12-31	฿1.93	฿2.14	x
2020-12-31	฿1.81	฿2.14	x
2021-12-31	฿1.42	฿2.14	x
2022-12-31	฿1.55	฿2.14	x
2023-12-31	฿1.16	฿2.14	x
2024-12-31	฿1.13	฿2.14	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Synergetic Auto Performance 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): -3.48%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.33%
• Asset Turnover: 0.98x
• Equity Multiplier: 10.67x
Recent ROE (-3.48%) is below the historical average (0.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	63.56%	31.04%	0.24x	8.44x	฿127.91 Million
2013	27.31%	13.76%	0.29x	6.94x	฿56.89 Million
2014	9.52%	4.18%	0.31x	7.34x	฿-1.74 Million
2015	9.43%	5.24%	0.29x	6.17x	฿-3.38 Million
2016	10.52%	4.86%	0.23x	9.60x	฿3.43 Million
2017	10.73%	7.14%	0.24x	6.23x	฿10.25 Million
2018	6.00%	3.40%	0.21x	8.46x	฿-59.69 Million
2019	-6.40%	-2.86%	0.24x	9.35x	฿-230.15 Million
2020	-36.36%	-13.67%	0.29x	9.15x	฿-607.80 Million
2021	-61.54%	-15.13%	0.44x	9.17x	฿-739.45 Million
2022	7.73%	2.35%	0.48x	6.82x	฿-25.55 Million
2023	-33.29%	-8.47%	0.49x	8.09x	฿-366.10 Million
2024	-3.48%	-0.33%	0.98x	10.67x	฿-110.11 Million

Industry Comparison

This section compares Synergetic Auto Performance Public Company Limited's net assets metrics with peer companies in the Rental & Leasing Services industry.

Industry Context

Industry: Rental & Leasing Services
Average net assets among peers: $1,937,502,801
Average return on equity (ROE) among peers: 9.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Synergetic Auto Performance Public Company Limited (ASAP)	฿997.82 Million	63.56%	6.35x	$48.43 Million
Chukai Public Company Limited (CRANE)	$1.23 Billion	2.46%	1.38x	$7.33 Million
Krungthai Car Rent and Lease Public Company Limited (KCAR)	$1.40 Billion	23.03%	1.60x	$37.40 Million
Phatra Leasing Public Company Limited (PL)	$3.17 Billion	3.38%	2.88x	$25.29 Million

About Synergetic Auto Performance Public Company Limited

BK:ASAP Thailand Rental & Leasing Services

Market Cap

$48.43 Million

฿1.55 Billion THB

Market Cap Rank

#22089 Global

#386 in Thailand

Share Price

฿2.14

Change (1 day)

-1.83%

52-Week Range

฿1.09 - ฿2.32

All Time High

฿11.27