Bangsaphan Barmill Public Company Limited Net Assets
Bangsaphan Barmill Public Company Limited net assets. Based on the latest financial reports, Bangsaphan Barmill Public Company Limited (BSBM) has net assets worth ฿1.59 Billion THB (≈ $49.61 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.61 Billion ≈ $50.24 Million USD) and total liabilities (฿20.36 Million ≈ $634.73K 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. Also explore Bangsaphan Barmill Public Company Limite (BSBM) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.59 Billion |
| % of Total Assets | 98.74% |
| Annual Growth Rate | 1.77% |
| 5-Year Change | -14.93% |
| 10-Year Change | -17.43% |
| Growth Volatility | 13.36 |
Net Assets of Bangsaphan Barmill Public Company Limited (2003–2025)
Net assets of Bangsaphan Barmill Public Company Limited from 2003 to 2025. This chart illustrates how Bangsaphan Barmill Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Bangsaphan Barmill Public Company Limite net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Bangsaphan Barmill Public Company Limited (2003–2025)
The table below shows the annual net assets of Bangsaphan Barmill Public Company Limited from 2003 to 2025. For live market cap and overall valuation, see BSBM market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.60 Billion ≈ $50.02 Million |
-4.07% |
| 2024-12-31 | ฿1.67 Billion ≈ $52.14 Million |
-8.02% |
| 2023-12-31 | ฿1.82 Billion ≈ $56.68 Million |
-2.58% |
| 2022-12-31 | ฿1.87 Billion ≈ $58.18 Million |
-1.04% |
| 2021-12-31 | ฿1.89 Billion ≈ $58.79 Million |
-1.50% |
| 2020-12-31 | ฿1.92 Billion ≈ $59.69 Million |
+1.55% |
| 2019-12-31 | ฿1.89 Billion ≈ $58.78 Million |
-1.57% |
| 2018-12-31 | ฿1.92 Billion ≈ $59.72 Million |
-1.21% |
| 2017-12-31 | ฿1.94 Billion ≈ $60.45 Million |
-0.21% |
| 2016-12-31 | ฿1.94 Billion ≈ $60.57 Million |
+9.91% |
| 2015-12-31 | ฿1.77 Billion ≈ $55.11 Million |
-4.64% |
| 2014-12-31 | ฿1.85 Billion ≈ $57.79 Million |
-4.19% |
| 2013-12-31 | ฿1.94 Billion ≈ $60.32 Million |
+3.69% |
| 2012-12-31 | ฿1.87 Billion ≈ $58.17 Million |
-1.84% |
| 2011-12-31 | ฿1.90 Billion ≈ $59.27 Million |
-1.81% |
| 2010-12-31 | ฿1.94 Billion ≈ $60.36 Million |
-0.26% |
| 2009-12-31 | ฿1.94 Billion ≈ $60.52 Million |
+6.16% |
| 2008-12-31 | ฿1.83 Billion ≈ $57.01 Million |
-10.57% |
| 2007-12-31 | ฿2.05 Billion ≈ $63.74 Million |
-0.97% |
| 2006-12-31 | ฿2.07 Billion ≈ $64.37 Million |
-4.80% |
| 2005-12-31 | ฿2.17 Billion ≈ $67.62 Million |
+30.97% |
| 2004-12-31 | ฿1.66 Billion ≈ $51.63 Million |
+51.70% |
| 2003-12-31 | ฿1.09 Billion ≈ $34.03 Million |
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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 393.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Bangsaphan Barmill Public Company Limited Net Assets Breakdown (December 2025)
Bangsaphan Barmill Public Company Limited net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿1.12 Billion | 69.87% |
| Other Comprehensive Income | ฿114.62 Million | 7.14% |
| Other Components | ฿621.85 Million | 38.75% |
| Total Equity | ฿1.60 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 |
|---|---|
|
FAR Ltd
AU:FAR
|
$20.27 Million |
|
Eksons Corp Bhd
KLSE:9016
|
$20.27 Million |
|
Aseana Properties Limited
LSE:ASPL
|
$20.28 Million |
|
Silgo Retail Limited
NSE:SILGO
|
$20.28 Million |
|
S&K Polytec Co. Ltd
KQ:091340
|
$20.26 Million |
|
Cannindah Resources Ltd
AU:CAE
|
$20.26 Million |
|
Softcen Co. Ltd
KQ:032680
|
$20.26 Million |
|
Complete Solaria, Inc
NASDAQ:SPWR
|
$20.26 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 2024 to 2025, total equity changed from 1,672,698,329 to 1,604,632,088, a change of -68,066,241 (-4.1%).
- Net loss of 69,767,405 reduced equity.
- Other comprehensive income increased equity by 1,369,255.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-69.77 Million | -4.35% |
| Other Comprehensive Income | ฿1.37 Million | +0.09% |
| Other Changes | ฿331.91K | +0.02% |
| Total Change | ฿- | -4.07% |
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: 0.41x
- 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 | ฿0.58 | x |
| 2007-12-31 | ฿1.81 | ฿0.58 | x |
| 2008-12-31 | ฿1.63 | ฿0.58 | x |
| 2009-12-31 | ฿1.72 | ฿0.58 | x |
| 2010-12-31 | ฿1.77 | ฿0.58 | x |
| 2011-12-31 | ฿1.70 | ฿0.58 | x |
| 2012-12-31 | ฿1.61 | ฿0.58 | x |
| 2013-12-31 | ฿1.70 | ฿0.58 | x |
| 2014-12-31 | ฿1.93 | ฿0.58 | x |
| 2015-12-31 | ฿1.64 | ฿0.58 | x |
| 2016-12-31 | ฿1.74 | ฿0.58 | x |
| 2017-12-31 | ฿1.76 | ฿0.58 | x |
| 2018-12-31 | ฿1.74 | ฿0.58 | x |
| 2019-12-31 | ฿1.67 | ฿0.58 | x |
| 2020-12-31 | ฿1.71 | ฿0.58 | x |
| 2021-12-31 | ฿1.68 | ฿0.58 | x |
| 2022-12-31 | ฿1.66 | ฿0.58 | x |
| 2023-12-31 | ฿1.62 | ฿0.58 | x |
| 2024-12-31 | ฿1.50 | ฿0.58 | x |
| 2025-12-31 | ฿1.43 | ฿0.58 | 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): -4.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.21%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.01x
- Recent ROE (-4.35%) is below the historical average (11.22%), 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 |
| 2025 | -4.35% | -28.21% | 0.15x | 1.01x | ฿-230.23 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: $3,302,493,504
- Average return on equity (ROE) among peers: 14.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bangsaphan Barmill Public Company Limited (BSBM) | ฿1.59 Billion | 148.44% | 0.01x | $20.27 Million |
| 2S Metal Public Company Limited (2S) | $2.04 Billion | 7.10% | 0.17x | $60.34 Million |
| Asia Metal Public Company Limited (AMC) | $2.19 Billion | 6.06% | 0.70x | $31.72 Million |
| Capital Engineering Network Public Company Limited (CEN) | $402.69 Million | 63.86% | 0.96x | $11.61 Million |
| Chow Steel Industries Public Company Limited (CHOW) | $1.29 Billion | 1.98% | 1.95x | $32.17 Million |
| CSP Steel Center Public Company Limited (CSP) | $806.23 Million | 13.23% | 1.85x | $10.98 Million |
| G J Steel Public Company Limited (GJS) | $10.20 Billion | -19.97% | 1.03x | $71.50 Million |
| POSCO-Thainox Public Company Limited (INOX) | $9.04 Billion | -0.69% | 0.25x | $918.49 Million |
| Lohakit Metal Public Company Limited (LHK) | $910.78 Million | 15.27% | 0.64x | $42.26 Million |
| M.C.S. Steel Public Company Limited (MCS) | $2.84 Billion | 43.27% | 0.35x | $114.48 Million |
About Bangsaphan Barmill Public Company Limited
Bangsaphan Barmill Public Company Limited engages in the manufacturing and distribution of deformed and round steel bars in Thailand. The company was incorporated in 1994 and is based in Bangkok, Thailand.