City Steel Public Company Limited

BK:CITY Thailand Metal Fabrication
Market Cap
$11.25 Million
฿390.00 Million THB
Market Cap Rank
#32959 Global
#759 in Thailand
Share Price
฿1.30
Change (1 day)
+2.36%
52-Week Range
฿1.21 - ฿1.75
All Time High
฿3.67
Categories
Companies in Thailand Metal Fabrication
About

City Steel Public Company Limited engages in the manufacture and sale of metal structures, storage systems and material handling equipment, fabricated metal parts, and other metal products in Thailand. The company offers metal structures and fabrication, including column structures, beam structures, roof structures, panel structures, staircase structures, and cement frames for construction, as we… Read more

City Steel Public Company Limited (CITY) - Net Assets

Latest net assets as of October 2025: ฿1.23 Billion THB

Based on the latest financial reports, City Steel Public Company Limited (CITY) has net assets worth ฿1.23 Billion THB as of October 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.25 Billion) and total liabilities (฿21.36 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 ฿1.23 Billion
% of Total Assets 98.29%
Annual Growth Rate 8.51%
5-Year Change -2.99%
10-Year Change 0.28%
Growth Volatility 30.27

City Steel Public Company Limited - Net Assets Trend (2005–2024)

This chart illustrates how City Steel 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 City Steel Public Company Limited (2005–2024)

The table below shows the annual net assets of City Steel Public Company Limited from 2005 to 2024.

Year Net Assets Change
2024-07-31 ฿1.29 Billion -0.95%
2023-07-31 ฿1.30 Billion -3.11%
2022-07-31 ฿1.34 Billion +1.33%
2021-07-31 ฿1.32 Billion -0.24%
2020-07-31 ฿1.32 Billion -0.21%
2019-07-31 ฿1.33 Billion -1.13%
2018-07-31 ฿1.34 Billion +0.37%
2017-07-31 ฿1.34 Billion +1.92%
2016-07-31 ฿1.31 Billion +2.42%
2015-07-31 ฿1.28 Billion +7.53%
2014-07-31 ฿1.19 Billion +9.36%
2013-07-31 ฿1.09 Billion +7.82%
2012-07-31 ฿1.01 Billion +12.09%
2011-07-31 ฿901.86 Million +7.43%
2010-07-31 ฿839.52 Million +4.14%
2009-07-31 ฿806.18 Million +4.47%
2008-07-31 ฿771.72 Million +7.73%
2007-07-31 ฿716.34 Million +10.57%
2006-07-31 ฿647.86 Million +138.14%
2005-07-31 ฿272.05 Million --

Equity Component Analysis

This analysis shows how different components contribute to City Steel 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 429.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (July 2024)

Component Amount Percentage
Retained Earnings ฿780.11 Million 60.70%
Common Stock ฿300.00 Million 23.34%
Other Comprehensive Income ฿38.93 Million 3.03%
Other Components ฿166.15 Million 12.93%
Total Equity ฿1.29 Billion 100.00%

City Steel Public Company Limited Competitors by Market Cap

The table below lists competitors of City Steel Public Company Limited ranked by their market capitalization.

Company Market Cap
Taiwan Green Environment Technology Inc.
TWO:5205
 		$3.05 Million
APPLIED MATERIALS
MU:AP2
 		$3.05 Million
Magellan Gold Corp
PINK:MAGE
 		$3.05 Million
Woodbois Limited
PINK:WODBF
 		$3.05 Million
Altshuler Shaham Financial LTD
TA:ALTF
 		$3.04 Million
Farmaceutica R
RO:RMAH
 		$3.04 Million
Ahlada Engineers Limited
NSE:AHLADA
 		$3.04 Million
Stradim Espace Finances SA
PA:ALSAS
 		$3.04 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,297,539,484 to 1,285,178,222, a change of -12,361,262 (-1.0%).
  • Net loss of 21,715,212 reduced equity.
  • Other comprehensive income increased equity by 9,353,950.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿-21.72 Million -1.69%
Other Comprehensive Income ฿9.35 Million +0.73%
Total Change ฿- -0.95%

Book Value vs Market Value Analysis

This analysis compares City Steel 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: 0.30x
  • 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 0.44x to 0.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-07-31 ฿2.94 ฿1.30 x
2007-07-31 ฿2.39 ฿1.30 x
2008-07-31 ฿2.57 ฿1.30 x
2009-07-31 ฿2.69 ฿1.30 x
2010-07-31 ฿2.80 ฿1.30 x
2011-07-31 ฿3.01 ฿1.30 x
2012-07-31 ฿3.37 ฿1.30 x
2013-07-31 ฿3.63 ฿1.30 x
2014-07-31 ฿3.97 ฿1.30 x
2015-07-31 ฿4.27 ฿1.30 x
2016-07-31 ฿4.38 ฿1.30 x
2017-07-31 ฿4.46 ฿1.30 x
2018-07-31 ฿4.48 ฿1.30 x
2019-07-31 ฿4.43 ฿1.30 x
2020-07-31 ฿4.42 ฿1.30 x
2021-07-31 ฿4.41 ฿1.30 x
2022-07-31 ฿4.46 ฿1.30 x
2023-07-31 ฿4.33 ฿1.30 x
2024-07-31 ฿4.28 ฿1.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently City Steel 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): -1.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -46.05%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 1.01x
  • Recent ROE (-1.69%) is below the historical average (9.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 49.72% 27.45% 1.34x 1.36x ฿108.06 Million
2006 19.59% 25.50% 0.74x 1.04x ฿62.16 Million
2007 16.32% 23.25% 0.66x 1.07x ฿45.30 Million
2008 13.12% 16.87% 0.74x 1.05x ฿24.09 Million
2009 9.98% 13.55% 0.72x 1.02x ฿-190.36K
2010 7.80% 13.97% 0.54x 1.03x ฿-18.44 Million
2011 8.91% 15.55% 0.55x 1.04x ฿-9.79 Million
2012 13.73% 19.19% 0.69x 1.04x ฿37.66 Million
2013 11.49% 17.86% 0.63x 1.02x ฿16.27 Million
2014 12.47% 19.52% 0.61x 1.05x ฿29.39 Million
2015 10.77% 20.56% 0.51x 1.03x ฿9.92 Million
2016 5.16% 13.10% 0.39x 1.01x ฿-63.47 Million
2017 4.24% 14.96% 0.28x 1.01x ฿-77.00 Million
2018 2.24% 7.83% 0.28x 1.02x ฿-104.16 Million
2019 0.75% 2.58% 0.28x 1.02x ฿-122.86 Million
2020 -0.30% -1.52% 0.20x 1.01x ฿-136.51 Million
2021 -0.92% -6.33% 0.14x 1.01x ฿-144.27 Million
2022 -0.29% -3.19% 0.09x 1.01x ฿-137.77 Million
2023 -2.34% -31.57% 0.07x 1.01x ฿-160.12 Million
2024 -1.69% -46.05% 0.04x 1.01x ฿-150.23 Million

Industry Comparison

This section compares City Steel Public Company Limited's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $996,564,125
  • Average return on equity (ROE) among peers: 3.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
City Steel Public Company Limited (CITY) ฿1.23 Billion 49.72% 0.02x $3.05 Million
BJC Heavy Industries Public Company Limited (BJCHI) $3.38 Billion 2.21% 0.25x $6.91 Million
Bangkok Sheet Metal Public Company Limited (BM) $891.13 Million 9.29% 0.78x $7.18 Million
BT Wealth Industries Public Company Limited (BTW) $1.00 Billion -14.26% 0.64x $1.00 Million
Fine Metal Technologies Public Company Limited (FMT) $1.09 Billion -1.28% 1.97x $8.80 Million
K.C. Metalsheet Public Company Limited (KCM) $448.47 Million -2.49% 0.24x $1.15 Million
Kijcharoen Engineering Electric PCL (KJL) $616.67 Million 24.72% 0.72x $9.20 Million
Polynet PCL (POLY) $1.30 Billion 13.45% 0.20x $18.56 Million
Sahamitr Pressure Container Public Company Limited (SMPC) $13.94 Million 0.00% 61.69x $51.62 Million
STP&I Public Company Limited (STPI) $220.62 Million 0.00% 4.02x $142.29 Million