Bangsaphan Barmill Public Company Limited

BK:BSBM Thailand Steel
Market Cap
$18.43 Million
฿639.07 Million THB
Market Cap Rank
#30934 Global
#654 in Thailand
Share Price
฿0.57
Change (1 day)
-1.72%
52-Week Range
฿0.55 - ฿0.72
All Time High
฿2.02
Categories
Companies in Thailand Steel
About

Bangsaphan Barmill Public Company Limited engages in the production and distribution of steel, round steel bars, and ribbed steel bars for concrete building structures in Thailand. The company was incorporated in 1994 and is based in Bangkok, Thailand.

Bangsaphan Barmill Public Company Limited (BSBM) - Net Assets

Latest net assets as of September 2025: ฿1.64 Billion THB

Based on the latest financial reports, Bangsaphan Barmill Public Company Limited (BSBM) has net assets worth ฿1.64 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 (฿1.65 Billion) and total liabilities (฿14.73 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 ฿1.64 Billion
% of Total Assets 99.11%
Annual Growth Rate 2.05%
5-Year Change -12.66%
10-Year Change -5.4%
Growth Volatility 13.59

Bangsaphan Barmill Public Company Limited - Net Assets Trend (2003–2024)

This chart illustrates how Bangsaphan Barmill 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 Bangsaphan Barmill Public Company Limited (2003–2024)

The table below shows the annual net assets of Bangsaphan Barmill Public Company Limited from 2003 to 2024.

Year Net Assets Change
2024-12-31 ฿1.67 Billion -8.02%
2023-12-31 ฿1.82 Billion -2.58%
2022-12-31 ฿1.87 Billion -1.04%
2021-12-31 ฿1.89 Billion -1.50%
2020-12-31 ฿1.92 Billion +1.55%
2019-12-31 ฿1.89 Billion -1.57%
2018-12-31 ฿1.92 Billion -1.21%
2017-12-31 ฿1.94 Billion -0.21%
2016-12-31 ฿1.94 Billion +9.91%
2015-12-31 ฿1.77 Billion -4.64%
2014-12-31 ฿1.85 Billion -4.19%
2013-12-31 ฿1.94 Billion +3.69%
2012-12-31 ฿1.87 Billion -1.84%
2011-12-31 ฿1.90 Billion -1.81%
2010-12-31 ฿1.94 Billion -0.26%
2009-12-31 ฿1.94 Billion +6.16%
2008-12-31 ฿1.83 Billion -10.57%
2007-12-31 ฿2.05 Billion -0.97%
2006-12-31 ฿2.07 Billion -4.80%
2005-12-31 ฿2.17 Billion +30.97%
2004-12-31 ฿1.66 Billion +51.70%
2003-12-31 ฿1.09 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Bangsaphan Barmill 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 314.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock ฿1.12 Billion 67.03%
Other Comprehensive Income ฿113.25 Million 6.77%
Other Components ฿623.22 Million 37.26%
Total Equity ฿1.67 Billion 100.00%

Bangsaphan Barmill Public Company Limited Competitors by Market Cap

The table below lists competitors of Bangsaphan Barmill Public Company Limited ranked by their market capitalization.

Company Market Cap
Tajiri Resources Corp
PINK:TAJIF
 		$5.50 Million
Envy Technologies Indonesia Tbk PT
JK:ENVY
 		$5.50 Million
International Media Acquisition Corp
NASDAQ:IMAQ
 		$5.50 Million
Blockmate Ventures Inc.
OTCQB:MATEF
 		$5.50 Million
Alexander Forbes Grp Hldg Ltd
JSE:AFH
 		$5.49 Million
PT Abadi Nusantara Hijau Investama Tbk
JK:PACK
 		$5.49 Million
Aerometrex Ltd
AU:AMX
 		$5.49 Million
Byggma
OL:BMA
 		$5.49 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,818,466,427 to 1,672,698,329, a change of -145,768,098 (-8.0%).
  • Net loss of 145,768,098 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿-145.77 Million -8.71%
Total Change ฿- -8.02%

Book Value vs Market Value Analysis

This analysis compares Bangsaphan Barmill 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: 0.38x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 ฿1.82 ฿0.57 x
2007-12-31 ฿1.81 ฿0.57 x
2008-12-31 ฿1.63 ฿0.57 x
2009-12-31 ฿1.72 ฿0.57 x
2010-12-31 ฿1.77 ฿0.57 x
2011-12-31 ฿1.70 ฿0.57 x
2012-12-31 ฿1.61 ฿0.57 x
2013-12-31 ฿1.70 ฿0.57 x
2014-12-31 ฿1.93 ฿0.57 x
2015-12-31 ฿1.64 ฿0.57 x
2016-12-31 ฿1.74 ฿0.57 x
2017-12-31 ฿1.76 ฿0.57 x
2018-12-31 ฿1.74 ฿0.57 x
2019-12-31 ฿1.67 ฿0.57 x
2020-12-31 ฿1.71 ฿0.57 x
2021-12-31 ฿1.68 ฿0.57 x
2022-12-31 ฿1.66 ฿0.57 x
2023-12-31 ฿1.62 ฿0.57 x
2024-12-31 ฿1.50 ฿0.57 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bangsaphan Barmill 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): -8.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -37.59%
  • • Asset Turnover: 0.23x
  • • Equity Multiplier: 1.01x
  • Recent ROE (-8.71%) is below the historical average (11.96%), 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 148.44% 38.77% 1.55x 2.47x ฿1.51 Billion
2004 34.43% 8.95% 1.53x 2.51x ฿404.70 Million
2006 12.53% 6.72% 1.53x 1.22x ฿52.23 Million
2007 7.88% 9.07% 0.60x 1.44x ฿-43.34 Million
2008 6.76% 4.42% 1.29x 1.19x ฿-59.34 Million
2009 5.80% 6.20% 0.79x 1.18x ฿-81.49 Million
2010 7.92% 8.38% 0.71x 1.33x ฿-40.23 Million
2011 5.31% 5.15% 0.96x 1.07x ฿-89.26 Million
2012 -0.66% -0.51% 1.14x 1.13x ฿-199.01 Million
2013 5.31% 3.89% 1.13x 1.21x ฿-90.81 Million
2014 0.52% 0.50% 1.02x 1.02x ฿-175.82 Million
2015 -4.87% -4.19% 1.01x 1.15x ฿-262.87 Million
2016 13.80% 10.89% 1.22x 1.04x ฿73.76 Million
2017 6.80% 5.66% 1.16x 1.04x ฿-62.05 Million
2018 1.73% 1.49% 1.14x 1.02x ฿-158.48 Million
2019 2.57% 2.35% 1.06x 1.04x ฿-140.04 Million
2020 4.39% 5.45% 0.79x 1.02x ฿-107.49 Million
2021 3.82% 5.21% 0.70x 1.04x ฿-116.51 Million
2022 0.07% 0.12% 0.57x 1.01x ฿-185.40 Million
2023 -2.65% -7.99% 0.31x 1.07x ฿-230.00 Million
2024 -8.71% -37.59% 0.23x 1.01x ฿-313.04 Million

Industry Comparison

This section compares Bangsaphan Barmill Public Company Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $3,864,385,457
  • Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bangsaphan Barmill Public Company Limited (BSBM) ฿1.64 Billion 148.44% 0.01x $5.50 Million
2S Metal Public Company Limited (2S) $1.31 Billion 8.03% 0.41x $15.33 Million
Asia Metal Public Company Limited (AMC) $1.58 Billion 7.16% 1.61x $6.99 Million
Capital Engineering Network Public Company Limited (CEN) $2.42 Billion -0.89% 0.19x $5.45 Million
Chow Steel Industries Public Company Limited (CHOW) $520.72 Million 0.00% 4.33x $8.20 Million
CSP Steel Center Public Company Limited (CSP) $664.19 Million 10.03% 1.87x $950.75K
G J Steel Public Company Limited (GJS) $11.94 Billion -0.06% 0.49x $33.84 Million
POSCO-Thainox Public Company Limited (INOX) $10.76 Billion -5.72% 0.42x $11.41 Million
Lohakit Metal Public Company Limited (LHK) $1.64 Billion 5.32% 0.30x $15.23 Million
M.C.S. Steel Public Company Limited (MCS) $3.94 Billion 3.04% 0.72x $112.11 Million