Synergetic Auto Performance Public Company Limited (ASAP) - Net Assets
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 Synergetic Auto Performance Public Compa (ASAP) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Synergetic Auto Performance Public Compa assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Synergetic Auto Performance Public Compa stock valuation.
| 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 |
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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 |
|---|---|
|
Fade Gida Yatirim Sanayi Ticaret As
IS:FADE
|
$28.07 Million |
|
Juggernaut Exploration Ltd
V:JUGR
|
$28.07 Million |
|
Pixelplus. Co. Ltd
KQ:087600
|
$28.08 Million |
|
Jian Sin Industrial Co Ltd
TWO:4502
|
$28.08 Million |
|
Imugene Ltd
AU:IMU
|
$28.04 Million |
|
Senetas Corporation Ltd
AU:SEN
|
$28.03 Million |
|
Evaxion Biotech AS
NASDAQ:EVAX
|
$28.02 Million |
|
Fathom Holdings Inc
NASDAQ:FTHM
|
$28.02 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: 1.10x
- 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 3.77x to 1.10x 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 | ฿1.24 | x |
| 2013-12-31 | ฿0.45 | ฿1.24 | x |
| 2014-12-31 | ฿0.50 | ฿1.24 | x |
| 2015-12-31 | ฿0.82 | ฿1.24 | x |
| 2016-12-31 | ฿0.91 | ฿1.24 | x |
| 2017-12-31 | ฿2.08 | ฿1.24 | x |
| 2018-12-31 | ฿2.06 | ฿1.24 | x |
| 2019-12-31 | ฿1.93 | ฿1.24 | x |
| 2020-12-31 | ฿1.81 | ฿1.24 | x |
| 2021-12-31 | ฿1.42 | ฿1.24 | x |
| 2022-12-31 | ฿1.55 | ฿1.24 | x |
| 2023-12-31 | ฿1.16 | ฿1.24 | x |
| 2024-12-31 | ฿1.13 | ฿1.24 | 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: $1,446,653,324
- Average return on equity (ROE) among peers: 18.38%
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 | $28.06 Million |
| Chukai Public Company Limited (CRANE) | $949.13 Million | 10.40% | 1.12x | $9.93 Million |
| Krungthai Car Rent and Lease Public Company Limited (KCAR) | $353.87 Million | 39.13% | 3.06x | $36.62 Million |
| Phatra Leasing Public Company Limited (PL) | $3.04 Billion | 5.61% | 3.41x | $24.54 Million |
About Synergetic Auto Performance Public Company Limited
Synergetic Auto Performance Public Company Limited provides car rental services in Thailand. The company offers operating leasing services for corporate customers; short-term car rental services for ordinary customers; long-term car rental services, including fleet procurement, fleet tailored modification, and fleet replacement; limousine rental services for corporate customers; driver services; … Read more