Salee Colour Public Company Limited
Salee Colour Public Company Limited, together with its subsidiaries, engages in the manufacture and distributes pigment pellets and powders, fabricated plastic, masterbatch and compound, and distribution of solar energy system parts and installation services in Thailand. The company offers black masterbatch products for use in engineering and polyolefin resins; white masterbatch products for appl… Read more
Salee Colour Public Company Limited (COLOR) - Net Assets
Latest net assets as of December 2025: ฿821.89 Million THB
Based on the latest financial reports, Salee Colour Public Company Limited (COLOR) has net assets worth ฿821.89 Million THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.34 Billion) and total liabilities (฿515.70 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 | ฿821.89 Million |
| % of Total Assets | 61.45% |
| Annual Growth Rate | 12.33% |
| 5-Year Change | 2.51% |
| 10-Year Change | 12.18% |
| Growth Volatility | 34.44 |
Salee Colour Public Company Limited - Net Assets Trend (2010–2025)
This chart illustrates how Salee Colour 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 Salee Colour Public Company Limited (2010–2025)
The table below shows the annual net assets of Salee Colour Public Company Limited from 2010 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿821.89 Million | -1.70% |
| 2024-12-31 | ฿836.11 Million | +2.27% |
| 2023-12-31 | ฿817.55 Million | -1.66% |
| 2022-12-31 | ฿831.39 Million | +3.70% |
| 2021-12-31 | ฿801.74 Million | +3.63% |
| 2020-12-31 | ฿773.67 Million | +4.29% |
| 2019-12-31 | ฿741.82 Million | +0.46% |
| 2018-12-31 | ฿738.46 Million | +0.50% |
| 2017-12-31 | ฿734.77 Million | +0.29% |
| 2016-12-31 | ฿732.67 Million | +3.35% |
| 2015-12-31 | ฿708.92 Million | +5.66% |
| 2014-12-31 | ฿670.93 Million | +126.95% |
| 2013-12-31 | ฿295.63 Million | +33.26% |
| 2012-12-31 | ฿221.85 Million | -6.54% |
| 2011-12-31 | ฿237.37 Million | +65.27% |
| 2010-12-31 | ฿143.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Salee Colour 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 276.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿104.33 Million | 12.53% |
| Other Components | ฿728.34 Million | 87.47% |
| Total Equity | ฿832.67 Million | 100.00% |
Salee Colour Public Company Limited Competitors by Market Cap
The table below lists competitors of Salee Colour Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KINGKEY I.C. HLD HD-02
F:REC
|
$7.48 Million |
|
Prospector Metals Corp.
OTCQB:PMCOF
|
$7.48 Million |
|
FACB Industries Incorporated
KLSE:2984
|
$7.48 Million |
|
FIPP S.A.
PA:FIPP
|
$7.48 Million |
|
GSTK
PINK:GSTK
|
$7.47 Million |
|
Kiora Pharmaceuticals Inc
NASDAQ:KPRX
|
$7.47 Million |
|
Country View Bhd
KLSE:5049
|
$7.47 Million |
|
CLEANTEK Industries Inc
V:CTEK
|
$7.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Salee Colour Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 840,338,417 to 832,667,357, a change of -7,671,060 (-0.9%).
- Net income of 23,617,158 contributed positively to equity growth.
- Dividend payments of 29,422,372 reduced retained earnings.
- Other comprehensive income decreased equity by 22,900,000.
- Other factors increased equity by 21,034,154.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿23.62 Million | +2.84% |
| Dividends Paid | ฿29.42 Million | -3.53% |
| Other Comprehensive Income | ฿-22.90 Million | -2.75% |
| Other Changes | ฿21.03 Million | +2.53% |
| Total Change | ฿- | -0.91% |
Book Value vs Market Value Analysis
This analysis compares Salee Colour 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: 0.71x
- 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 1.42x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿0.70 | ฿1.00 | x |
| 2011-12-31 | ฿1.01 | ฿1.00 | x |
| 2012-12-31 | ฿0.92 | ฿1.00 | x |
| 2013-12-31 | ฿1.16 | ฿1.00 | x |
| 2014-12-31 | ฿1.61 | ฿1.00 | x |
| 2015-12-31 | ฿1.22 | ฿1.00 | x |
| 2016-12-31 | ฿1.25 | ฿1.00 | x |
| 2017-12-31 | ฿1.25 | ฿1.00 | x |
| 2018-12-31 | ฿1.25 | ฿1.00 | x |
| 2019-12-31 | ฿1.26 | ฿1.00 | x |
| 2020-12-31 | ฿1.31 | ฿1.00 | x |
| 2021-12-31 | ฿1.36 | ฿1.00 | x |
| 2022-12-31 | ฿1.41 | ฿1.00 | x |
| 2023-12-31 | ฿1.39 | ฿1.00 | x |
| 2024-12-31 | ฿1.43 | ฿1.00 | x |
| 2025-12-31 | ฿1.41 | ฿1.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Salee Colour 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): 2.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.32%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.61x
- Recent ROE (2.84%) is below the historical average (3.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 9.98% | 2.55% | 1.31x | 3.00x | ฿-21.93K |
| 2011 | 8.37% | 3.02% | 0.97x | 2.86x | ฿-3.88 Million |
| 2012 | -0.23% | -0.07% | 0.62x | 5.13x | ฿-22.69 Million |
| 2013 | -11.62% | -4.62% | 0.67x | 3.78x | ฿-63.93 Million |
| 2014 | -2.24% | -1.87% | 0.76x | 1.58x | ฿-82.13 Million |
| 2015 | 4.70% | 3.85% | 0.82x | 1.50x | ฿-37.59 Million |
| 2016 | 2.99% | 2.32% | 0.84x | 1.54x | ฿-51.37 Million |
| 2017 | 2.45% | 1.71% | 0.83x | 1.72x | ฿-55.51 Million |
| 2018 | 3.24% | 2.12% | 0.86x | 1.77x | ฿-49.91 Million |
| 2019 | 3.77% | 2.66% | 0.83x | 1.70x | ฿-46.24 Million |
| 2020 | 7.20% | 5.62% | 0.85x | 1.51x | ฿-21.64 Million |
| 2021 | 7.17% | 4.86% | 0.86x | 1.72x | ฿-22.68 Million |
| 2022 | 7.17% | 4.79% | 0.88x | 1.70x | ฿-23.54 Million |
| 2023 | 3.76% | 2.60% | 0.83x | 1.74x | ฿-50.95 Million |
| 2024 | 4.41% | 3.40% | 0.77x | 1.69x | ฿-46.96 Million |
| 2025 | 2.84% | 2.32% | 0.76x | 1.61x | ฿-59.65 Million |
Industry Comparison
This section compares Salee Colour Public Company Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,884,809,564
- Average return on equity (ROE) among peers: 9.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Salee Colour Public Company Limited (COLOR) | ฿821.89 Million | 9.98% | 0.63x | $7.47 Million |
| Applied DB Public Company Limited (ADB) | $647.79 Million | 4.28% | 0.42x | $2.41 Million |
| Birla Carbon (Thailand) Public Company Limited (BCT) | $9.29 Billion | 8.68% | 0.88x | $87.76 Million |
| Bio Green Energy Tech PCL (BIOTEC) | $1.18 Billion | -10.27% | 1.57x | $7.06 Million |
| Chememan Public Company Limited (CMAN) | $2.55 Billion | 9.88% | 1.54x | $29.85 Million |
| Dimet (Siam) Public Company Limited (DIMET) | $135.26 Million | 1.00% | 0.67x | $2.49 Million |
| Delta Paint PCL (DPAINT) | $205.16 Million | 20.91% | 2.26x | $154.45K |
| Eason & Co Public Company Limited (EASON) | $553.06 Million | 9.23% | 0.29x | $7.50 Million |
| Eastern Polymer Group Public Company Limited (EPG) | $11.04 Billion | 11.04% | 0.40x | $69.91 Million |
| Global Connections Public Company Limited (GC) | $366.31 Million | 29.61% | 1.58x | $20.11 Million |