Delta Electronics (Thailand) Public Company Limited
Delta Electronics (Thailand) Public Company Limited, together with its subsidiaries, researches and develops, manufactures, and distributes electronic products. It operates through four segments: Power Electronics, Mobility, Infrastructure, and Automation. It offers inductors, RF inductors, transformers, networking products, EMI filters, solenoids, current sensing resistors, and power modules; po… Read more
Delta Electronics (Thailand) Public Company Limited (DELTA) - Net Assets
Latest net assets as of June 2025: ฿84.02 Billion THB
Based on the latest financial reports, Delta Electronics (Thailand) Public Company Limited (DELTA) has net assets worth ฿84.02 Billion THB as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿132.71 Billion) and total liabilities (฿48.70 Billion). 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 | ฿84.02 Billion |
| % of Total Assets | 63.31% |
| Annual Growth Rate | 7.55% |
| 5-Year Change | 112.57% |
| 10-Year Change | 161.61% |
| Growth Volatility | 9.28 |
Delta Electronics (Thailand) Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Delta Electronics (Thailand) 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 Delta Electronics (Thailand) Public Company Limited (2000–2024)
The table below shows the annual net assets of Delta Electronics (Thailand) Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿79.94 Billion | +18.36% |
| 2023-12-31 | ฿67.54 Billion | +23.52% |
| 2022-12-31 | ฿54.68 Billion | +32.06% |
| 2021-12-31 | ฿41.40 Billion | +10.10% |
| 2020-12-31 | ฿37.61 Billion | +13.94% |
| 2019-12-31 | ฿33.01 Billion | -2.75% |
| 2018-12-31 | ฿33.94 Billion | +4.52% |
| 2017-12-31 | ฿32.47 Billion | +1.83% |
| 2016-12-31 | ฿31.89 Billion | +4.36% |
| 2015-12-31 | ฿30.56 Billion | +10.72% |
| 2014-12-31 | ฿27.60 Billion | +8.97% |
| 2013-12-31 | ฿25.33 Billion | +12.58% |
| 2012-12-31 | ฿22.50 Billion | +13.28% |
| 2011-12-31 | ฿19.86 Billion | +2.91% |
| 2010-12-31 | ฿19.30 Billion | +9.35% |
| 2009-12-31 | ฿17.65 Billion | +4.76% |
| 2008-12-31 | ฿16.85 Billion | +6.11% |
| 2007-12-31 | ฿15.88 Billion | +8.85% |
| 2006-12-31 | ฿14.59 Billion | -2.90% |
| 2005-12-31 | ฿15.02 Billion | +11.98% |
| 2004-12-31 | ฿13.41 Billion | +0.71% |
| 2003-12-31 | ฿13.32 Billion | -13.28% |
| 2002-12-31 | ฿15.36 Billion | -3.69% |
| 2001-12-31 | ฿15.95 Billion | +14.53% |
| 2000-12-31 | ฿13.93 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Delta Electronics (Thailand) 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 664.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿81.83 Billion | 102.37% |
| Common Stock | ฿1.25 Billion | 1.56% |
| Other Comprehensive Income | ฿-3.29 Billion | -4.12% |
| Other Components | ฿152.22 Million | 0.19% |
| Total Equity | ฿79.94 Billion | 100.00% |
Delta Electronics (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Delta Electronics (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Roblox Corp
NYSE:RBLX
|
$36.17 Billion |
|
Crown Castle
NYSE:CCI
|
$36.18 Billion |
|
KB Financial Group Inc
NYSE:KB
|
$36.30 Billion |
|
Woodside Energy Group Ltd
NYSE:WDS
|
$36.54 Billion |
|
Keysight Technologies Inc
NYSE:KEYS
|
$35.96 Billion |
|
CSL Ltd
PINK:CSLLY
|
$35.87 Billion |
|
Heico Corporation
NYSE:HEI
|
$35.78 Billion |
|
Nucor Corp
NYSE:NUE
|
$35.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Delta Electronics (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,538,551,340 to 79,941,813,695, a change of 12,403,262,355 (18.4%).
- Net income of 18,938,579,925 contributed positively to equity growth.
- Dividend payments of 5,613,217,263 reduced retained earnings.
- Other comprehensive income decreased equity by 932,102,789.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿18.94 Billion | +23.69% |
| Dividends Paid | ฿5.61 Billion | -7.02% |
| Other Comprehensive Income | ฿-932.10 Million | -1.17% |
| Other Changes | ฿10.00 Million | +0.01% |
| Total Change | ฿- | 18.36% |
Book Value vs Market Value Analysis
This analysis compares Delta Electronics (Thailand) 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: 41.82x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 238.47x to 41.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿1.12 | ฿268.00 | x |
| 2005-12-31 | ฿1.26 | ฿268.00 | x |
| 2006-12-31 | ฿1.17 | ฿268.00 | x |
| 2007-12-31 | ฿1.27 | ฿268.00 | x |
| 2008-12-31 | ฿1.35 | ฿268.00 | x |
| 2009-12-31 | ฿1.41 | ฿268.00 | x |
| 2010-12-31 | ฿1.54 | ฿268.00 | x |
| 2011-12-31 | ฿1.59 | ฿268.00 | x |
| 2012-12-31 | ฿1.81 | ฿268.00 | x |
| 2013-12-31 | ฿2.03 | ฿268.00 | x |
| 2014-12-31 | ฿2.21 | ฿268.00 | x |
| 2015-12-31 | ฿2.45 | ฿268.00 | x |
| 2016-12-31 | ฿2.56 | ฿268.00 | x |
| 2017-12-31 | ฿2.60 | ฿268.00 | x |
| 2018-12-31 | ฿2.72 | ฿268.00 | x |
| 2019-12-31 | ฿2.65 | ฿268.00 | x |
| 2020-12-31 | ฿3.02 | ฿268.00 | x |
| 2021-12-31 | ฿3.32 | ฿268.00 | x |
| 2022-12-31 | ฿4.38 | ฿268.00 | x |
| 2023-12-31 | ฿5.41 | ฿268.00 | x |
| 2024-12-31 | ฿6.41 | ฿268.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Delta Electronics (Thailand) 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): 23.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.50%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 1.54x
- Recent ROE (23.69%) is above the historical average (18.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 29.85% | 14.95% | 1.26x | 1.58x | ฿2.69 Billion |
| 2001 | 25.18% | 12.65% | 1.23x | 1.62x | ฿2.33 Billion |
| 2002 | 22.49% | 8.20% | 1.62x | 1.69x | ฿1.85 Billion |
| 2003 | 14.32% | 4.63% | 1.40x | 2.22x | ฿572.24 Million |
| 2004 | 9.20% | 2.52% | 1.73x | 2.11x | ฿-107.15 Million |
| 2005 | 15.27% | 5.13% | 1.62x | 1.84x | ฿788.47 Million |
| 2006 | 13.50% | 4.43% | 1.69x | 1.80x | ฿508.72 Million |
| 2007 | 19.95% | 9.09% | 1.32x | 1.66x | ฿1.57 Billion |
| 2008 | 17.26% | 8.70% | 1.24x | 1.60x | ฿1.22 Billion |
| 2009 | 12.45% | 8.03% | 1.01x | 1.54x | ฿430.54 Million |
| 2010 | 21.62% | 11.47% | 1.22x | 1.54x | ฿2.23 Billion |
| 2011 | 14.42% | 7.45% | 1.29x | 1.50x | ฿878.42 Million |
| 2012 | 19.32% | 10.66% | 1.23x | 1.47x | ฿2.10 Billion |
| 2013 | 21.38% | 13.14% | 1.12x | 1.46x | ฿2.88 Billion |
| 2014 | 21.60% | 13.51% | 1.15x | 1.39x | ฿3.20 Billion |
| 2015 | 21.97% | 14.30% | 1.08x | 1.43x | ฿3.66 Billion |
| 2016 | 17.30% | 11.77% | 1.01x | 1.45x | ฿2.33 Billion |
| 2017 | 15.19% | 10.01% | 1.07x | 1.42x | ฿1.69 Billion |
| 2018 | 15.14% | 9.68% | 1.10x | 1.42x | ฿1.74 Billion |
| 2019 | 8.97% | 5.78% | 1.11x | 1.39x | ฿-341.06 Million |
| 2020 | 18.88% | 11.24% | 1.10x | 1.52x | ฿3.34 Billion |
| 2021 | 16.18% | 7.94% | 1.22x | 1.67x | ฿2.56 Billion |
| 2022 | 28.06% | 12.94% | 1.30x | 1.66x | ฿9.88 Billion |
| 2023 | 27.28% | 12.59% | 1.35x | 1.60x | ฿11.67 Billion |
| 2024 | 23.69% | 11.50% | 1.34x | 1.54x | ฿10.94 Billion |
Industry Comparison
This section compares Delta Electronics (Thailand) Public Company Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,747,013,857
- Average return on equity (ROE) among peers: 4.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Delta Electronics (Thailand) Public Company Limited (DELTA) | ฿84.02 Billion | 29.85% | 0.58x | $36.09 Billion |
| Thai Energy Storage Technology Public Company Limited (3K-BAT) | $1.98 Billion | -7.27% | 0.89x | $2.00 Million |
| Asian Insulators PCL (AI) | $3.41 Billion | 11.31% | 0.19x | $27.20 Million |
| Ekarat Engineering Public Company Limited (AKR) | $1.68 Billion | 16.66% | 0.42x | $23.80 Million |
| Asefa Public Company Limited (ASEFA) | $612.24 Million | 18.56% | 1.82x | $13.26 Million |
| C.I. Group Public Company Limited (CIG) | $362.41 Million | -35.87% | 1.41x | $1.58 Million |
| Cpt Drives & Power Pcl (CPT) | $493.86 Million | 22.89% | 0.85x | $7.81 Million |
| Charoong Thai Wire and Cable Public Company Limited (CTW) | $4.05 Billion | 4.35% | 0.89x | $14.38 Million |
| QTC Energy Public Company Limited (QTC) | $1.69 Billion | 9.31% | 0.14x | $14.48 Million |
| SCI Electric Public Company Limited (SCI) | $1.45 Billion | 0.11% | 1.17x | $7.53 Million |