Seafresh Industry Public Company Limited (CFRESH) - Net Assets

Latest as of September 2025: ฿2.64 Billion THB ≈ $82.19 Million USD

Based on the latest financial reports, Seafresh Industry Public Company Limited (CFRESH) has net assets worth ฿2.64 Billion THB (≈ $82.19 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 (฿5.34 Billion ≈ $166.31 Million USD) and total liabilities (฿2.70 Billion ≈ $84.13 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 Seafresh Industry Public Company Limited strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿2.64 Billion
% of Total Assets	49.42%
Annual Growth Rate	2.66%
5-Year Change	65.67%
10-Year Change	16.92%
Growth Volatility	19.26

Seafresh Industry Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Seafresh Industry Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see CFRESH market cap.

Annual Net Assets for Seafresh Industry Public Company Limited (2000–2024)

The table below shows the annual net assets of Seafresh Industry Public Company Limited from 2000 to 2024. Also explore net asset momentum of Seafresh Industry Public Company Limited to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	฿2.61 Billion ≈ $81.34 Million	-5.48%
2023-12-31	฿2.76 Billion ≈ $86.06 Million	+5.83%
2022-12-31	฿2.61 Billion ≈ $81.32 Million	+4.90%
2021-12-31	฿2.49 Billion ≈ $77.52 Million	+57.88%
2020-12-31	฿1.58 Billion ≈ $49.10 Million	-12.62%
2019-12-31	฿1.80 Billion ≈ $56.19 Million	-12.86%
2018-12-31	฿2.07 Billion ≈ $64.48 Million	-4.51%
2017-12-31	฿2.17 Billion ≈ $67.53 Million	-3.55%
2016-12-31	฿2.25 Billion ≈ $70.02 Million	+0.64%
2015-12-31	฿2.23 Billion ≈ $69.57 Million	+32.54%
2014-12-31	฿1.68 Billion ≈ $52.49 Million	+38.29%
2013-12-31	฿1.22 Billion ≈ $37.96 Million	-35.75%
2012-12-31	฿1.90 Billion ≈ $59.08 Million	+28.11%
2011-12-31	฿1.48 Billion ≈ $46.11 Million	+15.42%
2010-12-31	฿1.28 Billion ≈ $39.95 Million	-7.54%
2009-12-31	฿1.39 Billion ≈ $43.21 Million	+5.86%
2008-12-31	฿1.31 Billion ≈ $40.82 Million	-1.72%
2007-12-31	฿1.33 Billion ≈ $41.54 Million	-3.91%
2006-12-31	฿1.39 Billion ≈ $43.22 Million	-3.13%
2005-12-31	฿1.43 Billion ≈ $44.62 Million	+0.28%
2004-12-31	฿1.43 Billion ≈ $44.49 Million	+8.61%
2003-12-31	฿1.31 Billion ≈ $40.97 Million	-5.38%
2002-12-31	฿1.39 Billion ≈ $43.30 Million	-14.58%
2001-12-31	฿1.63 Billion ≈ $50.69 Million	+17.10%
2000-12-31	฿1.39 Billion ≈ $43.29 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Seafresh Industry 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 34.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿554.66 Million	24.09%
Common Stock	฿927.10 Million	40.26%
Other Comprehensive Income	฿52.11 Million	2.26%
Other Components	฿768.67 Million	33.38%
Total Equity	฿2.30 Billion	100.00%

Seafresh Industry Public Company Limited Competitors by Market Cap

The table below lists competitors of Seafresh Industry Public Company Limited ranked by their market capitalization.

Company	Market Cap
Aarti Surfactants Limited NSE:AARTISURF	$47.12 Million
Brand Engagement Network Inc NASDAQ:BNAI	$47.13 Million
TagMaster AB Series B ST:TAGM-B	$47.13 Million
Premium Snacks Nordic AB ST:SNX	$47.13 Million
Shuang-Bang Industrial TWO:6506	$47.10 Million
Botnia Gold AB (publ) ST:BOTX	$47.07 Million
Workpoint Entertainment Public Company Limited BK:WORK	$47.07 Million
Ashmore Asset Management Indonesia JK:AMOR	$47.05 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,393,466,708 to 2,302,539,740, a change of -90,926,968 (-3.8%).
Net loss of 81,525,534 reduced equity.
Other comprehensive income increased equity by 44,356,783.
Other factors decreased equity by 53,758,217.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿-81.53 Million	-3.54%
Other Comprehensive Income	฿44.36 Million	+1.93%
Other Changes	฿-53.76 Million	-2.33%
Total Change	฿-	-3.80%

Book Value vs Market Value Analysis

This analysis compares Seafresh Industry 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: 0.66x
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 decreased from 0.83x to 0.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	฿1.97	฿1.63	x
2004-12-31	฿2.14	฿1.63	x
2005-12-31	฿2.15	฿1.63	x
2006-12-31	฿2.08	฿1.63	x
2007-12-31	฿2.00	฿1.63	x
2008-12-31	฿1.97	฿1.63	x
2009-12-31	฿2.10	฿1.63	x
2010-12-31	฿1.88	฿1.63	x
2011-12-31	฿2.06	฿1.63	x
2012-12-31	฿2.54	฿1.63	x
2013-12-31	฿1.60	฿1.63	x
2014-12-31	฿2.21	฿1.63	x
2015-12-31	฿2.86	฿1.63	x
2016-12-31	฿2.78	฿1.63	x
2017-12-31	฿2.60	฿1.63	x
2018-12-31	฿2.42	฿1.63	x
2019-12-31	฿2.24	฿1.63	x
2020-12-31	฿1.87	฿1.63	x
2021-12-31	฿2.87	฿1.63	x
2022-12-31	฿2.45	฿1.63	x
2023-12-31	฿2.58	฿1.63	x
2024-12-31	฿2.48	฿1.63	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Seafresh Industry 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): -3.54%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.10%
• Asset Turnover: 1.36x
• Equity Multiplier: 2.37x
Recent ROE (-3.54%) is below the historical average (6.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	35.42%	15.22%	1.53x	1.52x	฿413.41 Million
2002	2.91%	1.36%	1.07x	2.01x	฿-98.49 Million
2003	-2.96%	-1.38%	1.15x	1.87x	฿-170.29 Million
2004	7.92%	4.40%	1.43x	1.26x	฿-29.63 Million
2005	8.07%	5.79%	1.16x	1.20x	฿-27.62 Million
2006	4.82%	3.02%	1.42x	1.13x	฿-71.83 Million
2007	1.09%	0.70%	1.39x	1.11x	฿-118.80 Million
2008	3.77%	2.77%	1.23x	1.11x	฿-81.55 Million
2009	13.21%	8.38%	1.53x	1.03x	฿44.51 Million
2010	11.16%	5.86%	1.79x	1.06x	฿14.92 Million
2011	15.68%	6.21%	1.71x	1.48x	฿81.03 Million
2012	29.79%	8.74%	1.85x	1.84x	฿352.77 Million
2013	-29.26%	-4.87%	1.81x	3.32x	฿-450.13 Million
2014	25.94%	4.88%	1.98x	2.68x	฿251.67 Million
2015	22.25%	5.87%	1.48x	2.55x	฿252.47 Million
2016	12.86%	3.40%	1.52x	2.50x	฿57.36 Million
2017	-0.44%	-0.11%	1.33x	3.00x	฿-195.12 Million
2018	1.07%	0.25%	1.65x	2.60x	฿-165.18 Million
2019	-12.73%	-3.72%	1.16x	2.93x	฿-365.86 Million
2020	-17.87%	-4.10%	1.31x	3.32x	฿-374.72 Million
2021	12.45%	3.96%	1.38x	2.28x	฿52.92 Million
2022	7.59%	2.48%	1.32x	2.31x	฿-54.62 Million
2023	3.14%	1.16%	1.24x	2.19x	฿-164.13 Million
2024	-3.54%	-1.10%	1.36x	2.37x	฿-311.78 Million

Industry Comparison

This section compares Seafresh Industry Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $4,201,342,009
Average return on equity (ROE) among peers: 9.85%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Seafresh Industry Public Company Limited (CFRESH)	฿2.64 Billion	35.42%	1.02x	$47.10 Million
Asian Sea Corporation Public Company Limited (ASIAN)	$1.16 Billion	17.18%	0.90x	$183.52 Million
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI)	$986.68 Million	0.52%	0.13x	$16.07 Million
Chiangmai Frozen Foods Public Company Limited (CM)	$1.16 Billion	7.64%	0.15x	$17.94 Million
GFPT Public Company Limited (GFPT)	$16.61 Billion	12.31%	0.41x	$425.98 Million
J.S.P. Property Public Company Limited (JSP)	$5.18 Billion	9.40%	0.76x	$25.89 Million
Thai Ha Public Company Limited (KASET)	$266.78 Million	-25.38%	1.53x	$5.63 Million
Lee Feed Mill Public Company Limited (LEE)	$2.67 Billion	7.17%	0.12x	$70.02 Million
Malee Group Public Company Limited (MALEE)	$546.67 Million	41.66%	3.14x	$65.32 Million
President Bakery Public Company Limited (PB)	$9.25 Billion	18.15%	0.11x	$659.23 Million

About Seafresh Industry Public Company Limited

BK:CFRESH Thailand Packaged Foods

Market Cap

$47.10 Million

฿1.51 Billion THB

Market Cap Rank

#22199 Global

#393 in Thailand

Share Price

฿1.63

Change (1 day)

-0.61%

52-Week Range

฿0.66 - ฿1.96

All Time High

฿5.55