Chow Steel Industries Public Company Limited (CHOW) - Net Assets
Based on the latest financial reports, Chow Steel Industries Public Company Limited (CHOW) has net assets worth ฿2.33 Billion THB (≈ $72.60 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 (฿3.00 Billion ≈ $93.63 Million USD) and total liabilities (฿674.73 Million ≈ $21.03 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 CHOW asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿2.33 Billion |
| % of Total Assets | 77.54% |
| Annual Growth Rate | 11.33% |
| 5-Year Change | 154.06% |
| 10-Year Change | 78.34% |
| Growth Volatility | 51.69 |
Chow Steel Industries Public Company Limited - Net Assets Trend (2010–2024)
This chart illustrates how Chow Steel Industries Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Chow Steel Industries Public Company Lim assets under control for the complete picture of this company's asset base.
Annual Net Assets for Chow Steel Industries Public Company Limited (2010–2024)
The table below shows the annual net assets of Chow Steel Industries Public Company Limited from 2010 to 2024. For live valuation and market cap data, see CHOW market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿2.34 Billion ≈ $72.95 Million |
+4.27% |
| 2023-12-31 | ฿2.24 Billion ≈ $69.96 Million |
+15.94% |
| 2022-12-31 | ฿1.94 Billion ≈ $60.35 Million |
+137.27% |
| 2021-12-31 | ฿815.99 Million ≈ $25.43 Million |
-11.43% |
| 2020-12-31 | ฿921.24 Million ≈ $28.71 Million |
-19.76% |
| 2019-12-31 | ฿1.15 Billion ≈ $35.79 Million |
-20.74% |
| 2018-12-31 | ฿1.45 Billion ≈ $45.15 Million |
-5.06% |
| 2017-12-31 | ฿1.53 Billion ≈ $47.56 Million |
+12.84% |
| 2016-12-31 | ฿1.35 Billion ≈ $42.14 Million |
+3.03% |
| 2015-12-31 | ฿1.31 Billion ≈ $40.90 Million |
-4.81% |
| 2014-12-31 | ฿1.38 Billion ≈ $42.97 Million |
+5.28% |
| 2013-12-31 | ฿1.31 Billion ≈ $40.82 Million |
+1.71% |
| 2012-12-31 | ฿1.29 Billion ≈ $40.13 Million |
-0.67% |
| 2011-12-31 | ฿1.30 Billion ≈ $40.40 Million |
+148.91% |
| 2010-12-31 | ฿520.72 Million ≈ $16.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chow Steel Industries 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 grown by 127949845900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.19 Billion | 56.54% |
| Common Stock | ฿800.00 Million | 38.02% |
| Other Comprehensive Income | ฿15.40 Million | 0.73% |
| Other Components | ฿99.06 Million | 4.71% |
| Total Equity | ฿2.10 Billion | 100.00% |
Chow Steel Industries Public Company Limited Competitors by Market Cap
The table below lists competitors of Chow Steel Industries Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carbon Streaming Corp
NEO:NETZ
|
$33.91 Million |
|
Desert Gold Ventures Inc
V:DAU
|
$33.91 Million |
|
Abko Co. Ltd
KQ:129890
|
$33.92 Million |
|
ENERGIA IN.Y DES. EO 025
F:F63
|
$33.92 Million |
|
Neuroone Medical Technologies Corp
NASDAQ:NMTC
|
$33.89 Million |
|
LIGHTON
PA:ALTAI
|
$33.89 Million |
|
IFCA MSC Bhd
KLSE:0023
|
$33.88 Million |
|
Cipherlab Co Ltd
TWO:6160
|
$33.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chow Steel Industries Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,992,698,316 to 2,104,321,807, a change of 111,623,491 (5.6%).
- Net income of 147,868,435 contributed positively to equity growth.
- Dividend payments of 24,055,151 reduced retained earnings.
- Other comprehensive income increased equity by 239,529,747.
- Other factors decreased equity by 251,719,540.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿147.87 Million | +7.03% |
| Dividends Paid | ฿24.06 Million | -1.14% |
| Other Comprehensive Income | ฿239.53 Million | +11.38% |
| Other Changes | ฿-251.72 Million | -11.96% |
| Total Change | ฿- | 5.60% |
Book Value vs Market Value Analysis
This analysis compares Chow Steel Industries 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: 0.51x
- 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 0.65x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿2.10 | ฿1.36 | x |
| 2012-12-31 | ฿1.50 | ฿1.36 | x |
| 2013-12-31 | ฿1.59 | ฿1.36 | x |
| 2014-12-31 | ฿1.62 | ฿1.36 | x |
| 2015-12-31 | ฿1.51 | ฿1.36 | x |
| 2016-12-31 | ฿1.60 | ฿1.36 | x |
| 2017-12-31 | ฿1.77 | ฿1.36 | x |
| 2018-12-31 | ฿1.63 | ฿1.36 | x |
| 2019-12-31 | ฿1.29 | ฿1.36 | x |
| 2020-12-31 | ฿1.03 | ฿1.36 | x |
| 2021-12-31 | ฿0.90 | ฿1.36 | x |
| 2022-12-31 | ฿2.12 | ฿1.36 | x |
| 2023-12-31 | ฿2.49 | ฿1.36 | x |
| 2024-12-31 | ฿2.65 | ฿1.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chow Steel Industries 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): 7.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.20%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.70x
- Recent ROE (7.03%) is above the historical average (3.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 14.48% | 3.27% | 1.78x | 2.49x | ฿57.53 Million |
| 2012 | 2.00% | 0.59% | 1.15x | 2.98x | ฿-101.91 Million |
| 2013 | 8.20% | 2.18% | 1.51x | 2.48x | ฿-23.13 Million |
| 2014 | 3.65% | 1.15% | 0.87x | 3.65x | ฿-82.25 Million |
| 2015 | -9.14% | -4.92% | 0.28x | 6.70x | ฿-231.19 Million |
| 2016 | 2.55% | 1.24% | 0.20x | 10.37x | ฿-95.07 Million |
| 2017 | 18.04% | 6.97% | 0.29x | 8.85x | ฿114.20 Million |
| 2018 | -9.22% | -3.01% | 0.31x | 9.97x | ฿-254.64 Million |
| 2019 | -18.96% | -14.72% | 0.13x | 9.93x | ฿-299.97 Million |
| 2020 | -35.24% | -53.84% | 0.05x | 12.39x | ฿-372.06 Million |
| 2021 | -19.75% | -46.28% | 0.03x | 13.81x | ฿-213.16 Million |
| 2022 | 60.25% | 79.51% | 0.27x | 2.78x | ฿851.43 Million |
| 2023 | 20.50% | 12.12% | 1.00x | 1.70x | ฿209.16 Million |
| 2024 | 7.03% | 4.20% | 0.98x | 1.70x | ฿-62.56 Million |
Industry Comparison
This section compares Chow Steel Industries Public Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $3,682,518,665
- Average return on equity (ROE) among peers: 5.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chow Steel Industries Public Company Limited (CHOW) | ฿2.33 Billion | 14.48% | 0.29x | $33.91 Million |
| 2S Metal Public Company Limited (2S) | $575.58 Million | 12.41% | 0.78x | $46.29 Million |
| Asia Metal Public Company Limited (AMC) | $1.51 Billion | 5.63% | 1.31x | $35.61 Million |
| Bangsaphan Barmill Public Company Limited (BSBM) | $2.07 Billion | 12.53% | 0.22x | $20.27 Million |
| Capital Engineering Network Public Company Limited (CEN) | $-1.32 Billion | 0.00% | 0.00x | $14.86 Million |
| CSP Steel Center Public Company Limited (CSP) | $769.64 Million | -12.34% | 1.68x | $7.58 Million |
| G J Steel Public Company Limited (GJS) | $15.84 Billion | 20.07% | 0.05x | $103.27 Million |
| POSCO-Thainox Public Company Limited (INOX) | $9.29 Billion | 3.78% | 0.29x | $104.48 Million |
| Lohakit Metal Public Company Limited (LHK) | $652.47 Million | -8.11% | 0.84x | $40.11 Million |
| M.C.S. Steel Public Company Limited (MCS) | $3.76 Billion | 18.05% | 0.61x | $120.43 Million |
About Chow Steel Industries Public Company Limited
Chow Bright Ventures Holdings Public Company, together with its subsidiaries, primarily engages in manufacturing, tolling, selling, and distributing steel billets in Thailand and internationally. The company operates through the Original Equipment Manufacturer (OEM) Business, Trading of Steel Business, Investment in Renewable Power Plant Business, and Consultancy on Investment Related to the Rene… Read more