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

Latest as of September 2025: ฿951.72 Million THB ≈ $29.66 Million USD

Based on the latest financial reports, Eason & Co Public Company Limited (EASON) has net assets worth ฿951.72 Million THB (≈ $29.66 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.14 Billion ≈ $35.66 Million USD) and total liabilities (฿192.26 Million ≈ $5.99 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 & Co Public Company Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿951.72 Million
% of Total Assets	83.19%
Annual Growth Rate	9.53%
5-Year Change	0.88%
10-Year Change	39.4%
Growth Volatility	45.36

Eason & Co Public Company Limited - Net Assets Trend (2004–2024)

This chart illustrates how Eason & Co Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Eason & Co Public Company Limited balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Eason & Co Public Company Limited (2004–2024)

The table below shows the annual net assets of Eason & Co Public Company Limited from 2004 to 2024. For live valuation and market cap data, see Eason & Co Public Company Limited market capitalisation.

Year	Net Assets	Change
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 195.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿361.43 Million	39.75%
Common Stock	฿566.76 Million	62.33%
Other Comprehensive Income	฿53.56 Million	5.89%
Total Equity	฿909.35 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
Vunani Ltd JSE:VUN	$18.13 Million
Redflow Ltd AU:RFX	$18.14 Million
Blue Shark Power System SA PA:MLBSP	$18.15 Million
Menteng Heritage Realty Tbk PT JK:HRME	$18.16 Million
GP Petroleums Limited NSE:GULFPETRO	$18.12 Million
Northern Graphite Corporation V:NGC	$18.12 Million
BSA Ltd AU:BSA	$18.12 Million
Mineral Commodities Ltd AU:MRC	$18.11 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 2023 to 2024, total equity changed from 1,091,296,242 to 909,354,986, a change of -181,941,256 (-16.7%).
Net income of 63,850,689 contributed positively to equity growth.
Dividend payments of 30,776,692 reduced retained earnings.
Other comprehensive income increased equity by 99,549,939.
Other factors decreased equity by 314,565,192.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿63.85 Million	+7.02%
Dividends Paid	฿30.78 Million	-3.38%
Other Comprehensive Income	฿99.55 Million	+10.95%
Other Changes	฿-314.57 Million	-34.59%
Total Change	฿-	-16.67%

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: 0.67x
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 increased from 0.56x to 0.67x over the analyzed period, suggesting growing market confidence.

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

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): 7.02%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.06%
• Asset Turnover: 0.67x
• Equity Multiplier: 1.31x
Recent ROE (7.02%) is below the historical average (9.99%), suggesting potential challenges in 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

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: $3,536,861,850
Average return on equity (ROE) among peers: 7.40%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Eason & Co Public Company Limited (EASON)	฿951.72 Million	45.93%	0.20x	$18.12 Million
Salee Colour Public Company Limited (COLOR)	$221.85 Million	-0.23%	4.13x	$18.91 Million
Dimet (Siam) Public Company Limited (DIMET)	$361.15 Million	-25.12%	0.18x	$5.03 Million
Eastern Polymer Group Public Company Limited (EPG)	$8.20 Billion	7.67%	0.46x	$308.95 Million
Global Connections Public Company Limited (GC)	$388.80 Million	12.24%	2.01x	$60.62 Million
Megachem (Thailand) Public Company Limited (MGT)	$371.29 Million	12.74%	0.17x	$24.44 Million
Polyplex (Thailand) Public Company Limited (PTL)	$11.61 Billion	20.02%	0.37x	$274.91 Million
Polyplex (Thailand) Public Company Limited (PTL-R)	$9.67 Billion	14.14%	0.49x	$276.31 Million
Salee Industry Public Company Limited (SALEE)	$650.26 Million	14.35%	0.37x	$18.01 Million
Selic Corp Public Company Limited (SELIC)	$361.47 Million	10.80%	0.35x	$49.89 Million

About Eason & Co Public Company Limited

BK:EASON Thailand Specialty Chemicals

Market Cap

$18.12 Million

฿581.50 Million THB

Market Cap Rank

#25339 Global

#502 in Thailand

Share Price

฿1.08

Change (1 day)

-0.92%

52-Week Range

฿0.97 - ฿1.31

All Time High

฿4.33