Eason & Co Public Company Limited (EASON) - Net Assets

Latest as of March 2026: ฿992.69 Million THB ≈ $30.94 Million USD

Based on the latest financial reports, Eason & Co Public Company Limited (EASON) has net assets worth ฿992.69 Million THB (≈ $30.94 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.21 Billion ≈ $37.78 Million USD) and total liabilities (฿219.28 Million ≈ $6.83 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 EASON goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿992.69 Million
% of Total Assets	81.91%
Annual Growth Rate	9.04%
5-Year Change	-4.93%
10-Year Change	-7.94%
Growth Volatility	44.4

Eason & Co Public Company Limited - Net Assets Trend (2004–2025)

This chart illustrates how Eason & Co Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Eason & Co Public Company Limited (EASON) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Eason & Co Public Company Limited (2004–2025)

The table below shows the annual net assets of Eason & Co Public Company Limited from 2004 to 2025. For live valuation and market cap data, see Eason & Co Public Company Limited market capitalisation.

Year	Net Assets	Change
2025-12-31	฿966.82 Million ≈ $30.14 Million	-0.21%
2024-12-31	฿968.85 Million ≈ $30.20 Million	-14.17%
2023-12-31	฿1.13 Billion ≈ $35.19 Million	+7.57%
2022-12-31	฿1.05 Billion ≈ $32.71 Million	+3.19%
2021-12-31	฿1.02 Billion ≈ $31.70 Million	+5.89%
2020-12-31	฿960.38 Million ≈ $29.93 Million	-15.99%
2019-12-31	฿1.14 Billion ≈ $35.63 Million	-6.44%
2018-12-31	฿1.22 Billion ≈ $38.09 Million	-0.54%
2017-12-31	฿1.23 Billion ≈ $38.29 Million	+16.99%
2016-12-31	฿1.05 Billion ≈ $32.73 Million	+51.10%
2015-12-31	฿695.00 Million ≈ $21.66 Million	+5.48%
2014-12-31	฿658.92 Million ≈ $20.54 Million	+1.91%
2013-12-31	฿646.58 Million ≈ $20.15 Million	+3.16%
2012-12-31	฿626.77 Million ≈ $19.54 Million	+13.33%
2011-12-31	฿553.06 Million ≈ $17.24 Million	+15.28%
2010-12-31	฿479.75 Million ≈ $14.95 Million	+0.01%
2009-12-31	฿479.70 Million ≈ $14.95 Million	+7.61%
2008-12-31	฿445.80 Million ≈ $13.90 Million	+120.32%
2007-12-31	฿202.34 Million ≈ $6.31 Million	-51.97%
2006-12-31	฿421.29 Million ≈ $13.13 Million	+3.71%
2005-12-31	฿406.23 Million ≈ $12.66 Million	+158.84%
2004-12-31	฿156.94 Million ≈ $4.89 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Eason & Co 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 34.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿165.18 Million	18.10%
Common Stock	฿566.76 Million	62.10%
Other Comprehensive Income	฿-16.28 Million	-1.78%
Other Components	฿197.03 Million	21.59%
Total Equity	฿912.69 Million	100.00%

Eason & Co Public Company Limited Competitors by Market Cap

The table below lists competitors of Eason & Co Public Company Limited ranked by their market capitalization.

Company	Market Cap
Sun-Sea Construction TWO:5516	$18.11 Million
Mineral Commodities Ltd AU:MRC	$18.11 Million
ACE LIBERTY+STONE LS -25 F:8MW	$18.12 Million
Asuransi Ramayana Tbk JK:ASRM	$18.12 Million
Carbonxt Group Ltd AU:CG1	$18.09 Million
Conifer Holding Inc NASDAQ:CNFR	$18.09 Million
Bukit Jalil Global Acquisition 1 Ltd. Ordinary Shares NASDAQ:BUJA	$18.09 Million
Smartlink Holdings Limited NSE:SMARTLINK	$18.07 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 909,354,986 to 912,693,171, a change of 3,338,185 (0.4%).
Net income of 91,689,887 contributed positively to equity growth.
Dividend payments of 42,470,876 reduced retained earnings.
Share repurchases of 35,238,776 reduced equity.
Other comprehensive income decreased equity by 69,841,931.
Other factors increased equity by 59,199,881.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿91.69 Million	+10.05%
Dividends Paid	฿42.47 Million	-4.65%
Share Repurchases	฿35.24 Million	-3.86%
Other Comprehensive Income	฿-69.84 Million	-7.65%
Other Changes	฿59.20 Million	+6.49%
Total Change	฿-	0.37%

Book Value vs Market Value Analysis

This analysis compares Eason & Co 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: 0.66x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	฿1.92	฿1.08	x
2007-12-31	฿1.65	฿1.08	x
2008-12-31	฿1.56	฿1.08	x
2009-12-31	฿1.75	฿1.08	x
2010-12-31	฿1.79	฿1.08	x
2011-12-31	฿1.94	฿1.08	x
2012-12-31	฿2.02	฿1.08	x
2013-12-31	฿2.07	฿1.08	x
2014-12-31	฿2.12	฿1.08	x
2015-12-31	฿1.72	฿1.08	x
2016-12-31	฿3.12	฿1.08	x
2017-12-31	฿2.45	฿1.08	x
2018-12-31	฿2.11	฿1.08	x
2019-12-31	฿1.97	฿1.08	x
2020-12-31	฿1.65	฿1.08	x
2021-12-31	฿1.74	฿1.08	x
2022-12-31	฿1.79	฿1.08	x
2023-12-31	฿1.93	฿1.08	x
2024-12-31	฿1.60	฿1.08	x
2025-12-31	฿1.65	฿1.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eason & Co 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): 10.05%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.80%
• Asset Turnover: 0.63x
• Equity Multiplier: 1.25x
Recent ROE (10.05%) is above the historical average (9.99%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	45.93%	9.98%	1.42x	3.23x	฿46.67 Million
2005	17.36%	10.53%	1.12x	1.47x	฿27.86 Million
2006	14.89%	8.92%	1.16x	1.44x	฿19.45 Million
2007	11.91%	7.06%	1.62x	1.04x	฿7.91 Million
2008	11.62%	6.70%	1.00x	1.74x	฿6.62 Million
2009	12.53%	7.78%	1.02x	1.57x	฿10.76 Million
2010	10.37%	6.51%	1.00x	1.59x	฿1.62 Million
2011	9.74%	7.14%	1.00x	1.36x	฿-1.34 Million
2012	18.64%	17.38%	0.85x	1.26x	฿51.49 Million
2013	15.77%	18.25%	0.66x	1.32x	฿35.32 Million
2014	10.51%	14.52%	0.53x	1.35x	฿3.17 Million
2015	10.80%	15.32%	0.55x	1.29x	฿5.27 Million
2016	8.73%	17.03%	0.40x	1.29x	฿-12.90 Million
2017	7.28%	15.72%	0.39x	1.19x	฿-32.59 Million
2018	5.01%	11.25%	0.38x	1.16x	฿-59.55 Million
2019	-2.32%	-5.18%	0.40x	1.13x	฿-137.76 Million
2020	-17.24%	-32.97%	0.40x	1.29x	฿-255.17 Million
2021	-6.38%	-11.76%	0.45x	1.20x	฿-161.28 Million
2022	6.35%	9.15%	0.54x	1.27x	฿-37.03 Million
2023	11.23%	16.28%	0.57x	1.22x	฿13.44 Million
2024	7.02%	8.06%	0.67x	1.31x	฿-27.08 Million
2025	10.05%	12.80%	0.63x	1.25x	฿420.57K

Industry Comparison

This section compares Eason & Co 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: $3,659,557,479
Average return on equity (ROE) among peers: 11.40%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Eason & Co Public Company Limited (EASON)	฿992.69 Million	45.93%	0.22x	$18.09 Million
Salee Colour Public Company Limited (COLOR)	$836.11 Million	4.43%	0.70x	$18.91 Million
Dimet (Siam) Public Company Limited (DIMET)	$141.64 Million	4.54%	0.51x	$4.19 Million
Eastern Polymer Group Public Company Limited (EPG)	$11.04 Billion	11.04%	0.40x	$488.73 Million
Global Connections Public Company Limited (GC)	$395.14 Million	24.37%	1.10x	$62.54 Million
Megachem (Thailand) Public Company Limited (MGT)	$647.71 Million	16.25%	0.32x	$22.69 Million
Polyplex (Thailand) Public Company Limited (PTL)	$8.36 Billion	16.29%	0.39x	$273.51 Million
Polyplex (Thailand) Public Company Limited (PTL-R)	$8.36 Billion	16.29%	0.39x	$276.31 Million
Salee Industry Public Company Limited (SALEE)	$1.51 Billion	0.44%	0.13x	$26.07 Million
Selic Corp Public Company Limited (SELIC)	$1.64 Billion	8.95%	0.95x	$60.41 Million

About Eason & Co Public Company Limited

BK:EASON Thailand Specialty Chemicals

Market Cap

$18.09 Million

฿580.47 Million THB

Market Cap Rank

#25454 Global

#506 in Thailand

Share Price

฿1.08

Change (1 day)

+0.00%

52-Week Range

฿1.04 - ฿1.31

All Time High

฿4.33