BuilderSmart Public Company Limited (BSM) - Net Assets
Based on the latest financial reports, BuilderSmart Public Company Limited (BSM) has net assets worth ฿298.33 Million THB (≈ $9.30 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 (฿1.04 Billion ≈ $32.29 Million USD) and total liabilities (฿737.57 Million ≈ $22.99 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 BuilderSmart Public Company Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿298.33 Million |
| % of Total Assets | 28.8% |
| Annual Growth Rate | 12.99% |
| 5-Year Change | -38.49% |
| 10-Year Change | 63.75% |
| Growth Volatility | 31.42 |
BuilderSmart Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how BuilderSmart Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore BuilderSmart Public Company Limited (BSM) total assets for the complete picture of this company's asset base.
Annual Net Assets for BuilderSmart Public Company Limited (2006–2024)
The table below shows the annual net assets of BuilderSmart Public Company Limited from 2006 to 2024. For live valuation and market cap data, see BuilderSmart Public Company Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿347.13 Million ≈ $10.82 Million |
-18.96% |
| 2023-12-31 | ฿428.35 Million ≈ $13.35 Million |
-4.56% |
| 2022-12-31 | ฿448.81 Million ≈ $13.99 Million |
-6.49% |
| 2021-12-31 | ฿479.98 Million ≈ $14.96 Million |
-14.95% |
| 2020-12-31 | ฿564.38 Million ≈ $17.59 Million |
-13.50% |
| 2019-12-31 | ฿652.45 Million ≈ $20.34 Million |
-0.75% |
| 2018-12-31 | ฿657.38 Million ≈ $20.49 Million |
+76.95% |
| 2017-12-31 | ฿371.51 Million ≈ $11.58 Million |
+11.06% |
| 2016-12-31 | ฿334.52 Million ≈ $10.43 Million |
+57.80% |
| 2015-12-31 | ฿211.99 Million ≈ $6.61 Million |
+14.93% |
| 2014-12-31 | ฿184.45 Million ≈ $5.75 Million |
+29.22% |
| 2013-12-31 | ฿142.74 Million ≈ $4.45 Million |
+31.32% |
| 2012-12-31 | ฿108.70 Million ≈ $3.39 Million |
+15.42% |
| 2011-12-31 | ฿94.18 Million ≈ $2.94 Million |
-7.51% |
| 2010-12-31 | ฿101.82 Million ≈ $3.17 Million |
-16.81% |
| 2009-12-31 | ฿122.40 Million ≈ $3.82 Million |
+13.11% |
| 2008-12-31 | ฿108.21 Million ≈ $3.37 Million |
+84.34% |
| 2007-12-31 | ฿58.70 Million ≈ $1.83 Million |
+52.28% |
| 2006-12-31 | ฿38.55 Million ≈ $1.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BuilderSmart 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 827.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿213.05 Million | 63.97% |
| Other Comprehensive Income | ฿12.64 Million | 3.79% |
| Other Components | ฿366.04 Million | 109.91% |
| Total Equity | ฿333.05 Million | 100.00% |
BuilderSmart Public Company Limited Competitors by Market Cap
The table below lists competitors of BuilderSmart Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Scinai Immunotherapeutics Ltd
NASDAQ:SCNI
|
$2.26 Million |
|
M&G Credit Income Investment Trust PLC
LSE:MGCI
|
$2.26 Million |
|
APOLLO GROUP-A
F:APO
|
$2.27 Million |
|
Yowie Group Ltd
AU:YOW
|
$2.27 Million |
|
Blockchaink2 Corp
V:BITK
|
$2.26 Million |
|
N2OFF Inc
NASDAQ:NITO
|
$2.25 Million |
|
Lord Resources Ltd
AU:LRD
|
$2.25 Million |
|
TV Vision Limited
NSE:TVVISION
|
$2.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BuilderSmart Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 416,169,118 to 333,045,980, a change of -83,123,138 (-20.0%).
- Net loss of 78,667,567 reduced equity.
- Other comprehensive income decreased equity by 9,904,603.
- Other factors increased equity by 5,449,032.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-78.67 Million | -23.62% |
| Other Comprehensive Income | ฿-9.90 Million | -2.97% |
| Other Changes | ฿5.45 Million | +1.64% |
| Total Change | ฿- | -19.97% |
Book Value vs Market Value Analysis
This analysis compares BuilderSmart 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: 0.22x
- 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.
- The price-to-book ratio has increased from 0.04x to 0.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿8.26 | ฿0.34 | x |
| 2007-12-31 | ฿1.88 | ฿0.34 | x |
| 2008-12-31 | ฿0.80 | ฿0.34 | x |
| 2009-12-31 | ฿0.87 | ฿0.34 | x |
| 2010-12-31 | ฿0.72 | ฿0.34 | x |
| 2011-12-31 | ฿1.00 | ฿0.34 | x |
| 2012-12-31 | ฿0.58 | ฿0.34 | x |
| 2013-12-31 | ฿1.02 | ฿0.34 | x |
| 2014-12-31 | ฿1.63 | ฿0.34 | x |
| 2015-12-31 | ฿1.57 | ฿0.34 | x |
| 2016-12-31 | ฿2.14 | ฿0.34 | x |
| 2017-12-31 | ฿2.19 | ฿0.34 | x |
| 2018-12-31 | ฿3.39 | ฿0.34 | x |
| 2019-12-31 | ฿3.06 | ฿0.34 | x |
| 2020-12-31 | ฿2.65 | ฿0.34 | x |
| 2021-12-31 | ฿2.25 | ฿0.34 | x |
| 2022-12-31 | ฿2.11 | ฿0.34 | x |
| 2023-12-31 | ฿1.95 | ฿0.34 | x |
| 2024-12-31 | ฿1.56 | ฿0.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BuilderSmart 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): -23.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.32%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 3.26x
- Recent ROE (-23.62%) is below the historical average (1.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 34.07% | 4.77% | 2.53x | 2.82x | ฿9.28 Million |
| 2007 | 9.63% | 1.69% | 2.24x | 2.54x | ฿-217.45K |
| 2008 | 2.23% | 0.60% | 1.86x | 2.01x | ฿-8.40 Million |
| 2009 | 11.59% | 3.80% | 1.60x | 1.90x | ฿1.95 Million |
| 2010 | -14.61% | -3.50% | 1.95x | 2.14x | ฿-25.06 Million |
| 2011 | -5.83% | -1.45% | 1.89x | 2.12x | ฿-14.91 Million |
| 2012 | 12.84% | 3.20% | 1.80x | 2.23x | ฿3.08 Million |
| 2013 | 20.33% | 5.37% | 1.85x | 2.05x | ฿14.74 Million |
| 2014 | 13.30% | 4.83% | 1.43x | 1.93x | ฿6.09 Million |
| 2015 | 6.90% | 2.62% | 1.47x | 1.80x | ฿-6.58 Million |
| 2016 | -3.18% | -2.04% | 0.89x | 1.74x | ฿-44.07 Million |
| 2017 | 9.57% | 6.32% | 0.98x | 1.54x | ฿-1.61 Million |
| 2018 | 9.18% | 10.25% | 0.39x | 2.30x | ฿-5.42 Million |
| 2019 | 3.82% | 2.93% | 0.45x | 2.92x | ฿-40.32 Million |
| 2020 | -15.60% | -12.03% | 0.40x | 3.25x | ฿-144.52 Million |
| 2021 | -17.44% | -13.84% | 0.38x | 3.28x | ฿-131.72 Million |
| 2022 | -6.95% | -4.30% | 0.54x | 2.98x | ฿-76.05 Million |
| 2023 | -12.73% | -10.96% | 0.39x | 2.99x | ฿-94.59 Million |
| 2024 | -23.62% | -16.32% | 0.44x | 3.26x | ฿-111.97 Million |
Industry Comparison
This section compares BuilderSmart 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: $1,612,494,838
- Average return on equity (ROE) among peers: 11.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BuilderSmart Public Company Limited (BSM) | ฿298.33 Million | 34.07% | 2.47x | $2.26 Million |
| Arrow Syndicate Public Company Limited (ARROW) | $1.21 Billion | 13.99% | 0.36x | $42.44 Million |
| Dynasty Ceramic Public Company Limited (DCC) | $2.73 Billion | 43.11% | 0.36x | $350.77 Million |
| Diamond Building Products Public Company Limited (DRT) | $1.90 Billion | 20.68% | 0.71x | $118.45 Million |
| Quality Construction Products Public Company Limited (Q-CON) | $2.01 Billion | 6.37% | 0.16x | $79.17 Million |
| The Union Mosaic Industry Public Company Limited (UMI) | $1.34 Billion | -9.20% | 1.32x | $18.77 Million |
| WIIK Public Company Limited (WIIK) | $494.97 Million | -7.77% | 1.13x | $22.45 Million |
About BuilderSmart Public Company Limited
BuilderSmart Public Company Limited, together with its subsidiaries, engages in the retail sale of construction materials, tools, and equipment for the construction and interior design sectors in Thailand and internationally. It sells doors, windows, and architectural systems and offers related installation services. In addition, the company is involved in the development, sales, and leasing, as … Read more