City Steel Public Company Limited (CITY) - Net Assets

Latest as of October 2025: ฿1.23 Billion THB ≈ $38.31 Million USD

Based on the latest financial reports, City Steel Public Company Limited (CITY) has net assets worth ฿1.23 Billion THB (≈ $38.31 Million USD) 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 ≈ $38.98 Million USD) and total liabilities (฿21.36 Million ≈ $665.87K 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 CITY asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore CITY current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see City Steel Public Company Limited market cap and net worth.

Year	Net Assets	Change
2024-07-31	฿1.29 Billion ≈ $40.06 Million	-0.95%
2023-07-31	฿1.30 Billion ≈ $40.44 Million	-3.11%
2022-07-31	฿1.34 Billion ≈ $41.74 Million	+1.33%
2021-07-31	฿1.32 Billion ≈ $41.19 Million	-0.24%
2020-07-31	฿1.32 Billion ≈ $41.29 Million	-0.21%
2019-07-31	฿1.33 Billion ≈ $41.38 Million	-1.13%
2018-07-31	฿1.34 Billion ≈ $41.85 Million	+0.37%
2017-07-31	฿1.34 Billion ≈ $41.70 Million	+1.92%
2016-07-31	฿1.31 Billion ≈ $40.91 Million	+2.42%
2015-07-31	฿1.28 Billion ≈ $39.95 Million	+7.53%
2014-07-31	฿1.19 Billion ≈ $37.15 Million	+9.36%
2013-07-31	฿1.09 Billion ≈ $33.97 Million	+7.82%
2012-07-31	฿1.01 Billion ≈ $31.51 Million	+12.09%
2011-07-31	฿901.86 Million ≈ $28.11 Million	+7.43%
2010-07-31	฿839.52 Million ≈ $26.17 Million	+4.14%
2009-07-31	฿806.18 Million ≈ $25.13 Million	+4.47%
2008-07-31	฿771.72 Million ≈ $24.05 Million	+7.73%
2007-07-31	฿716.34 Million ≈ $22.33 Million	+10.57%
2006-07-31	฿647.86 Million ≈ $20.19 Million	+138.14%
2005-07-31	฿272.05 Million ≈ $8.48 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
Sinergi Inti Plastindo JK:ESIP	$11.32 Million
Trinity Biotech plc NASDAQ:TRIB	$11.32 Million
ECP Emerging Growth Ltd AU:ECP	$11.32 Million
Zacatecas Silver Corp V:ZAC	$11.33 Million
Radius Gold Inc. V:RDU	$11.30 Million
ABM Fujiya Bhd KLSE:5198	$11.30 Million
Bermas SA RO:BRM	$11.28 Million
BARRAMUNDI GROUP PTE. LTD F:95Z	$11.28 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: 0.28x
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 0.41x to 0.28x 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	฿1.21	x
2007-07-31	฿2.39	฿1.21	x
2008-07-31	฿2.57	฿1.21	x
2009-07-31	฿2.69	฿1.21	x
2010-07-31	฿2.80	฿1.21	x
2011-07-31	฿3.01	฿1.21	x
2012-07-31	฿3.37	฿1.21	x
2013-07-31	฿3.63	฿1.21	x
2014-07-31	฿3.97	฿1.21	x
2015-07-31	฿4.27	฿1.21	x
2016-07-31	฿4.38	฿1.21	x
2017-07-31	฿4.46	฿1.21	x
2018-07-31	฿4.48	฿1.21	x
2019-07-31	฿4.43	฿1.21	x
2020-07-31	฿4.42	฿1.21	x
2021-07-31	฿4.41	฿1.21	x
2022-07-31	฿4.46	฿1.21	x
2023-07-31	฿4.33	฿1.21	x
2024-07-31	฿4.28	฿1.21	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: $1,145,050,510
Average return on equity (ROE) among peers: -32.25%

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	$11.31 Million
BJC Heavy Industries Public Company Limited (BJCHI)	$3.27 Billion	-5.94%	0.17x	$34.62 Million
Bangkok Sheet Metal Public Company Limited (BM)	$881.39 Million	8.88%	0.79x	$19.97 Million
BT Wealth Industries Public Company Limited (BTW)	$277.16 Million	-277.64%	1.79x	$1.89 Million
Fine Metal Technologies Public Company Limited (FMT)	$1.25 Billion	6.56%	2.06x	$26.33 Million
K.C. Metalsheet Public Company Limited (KCM)	$452.07 Million	1.20%	0.45x	$3.82 Million
Sahamitr Pressure Container Public Company Limited (SMPC)	$1.07 Billion	41.95%	0.71x	$148.55 Million
STP&I Public Company Limited (STPI)	$823.88 Million	-0.80%	1.85x	$227.08 Million

About City Steel Public Company Limited

BK:CITY Thailand Metal Fabrication

Market Cap

$11.31 Million

฿363.00 Million THB

Market Cap Rank

#26566 Global

#548 in Thailand

Share Price

฿1.21

Change (1 day)

+0.83%

52-Week Range

฿1.12 - ฿1.75

All Time High

฿3.67