Fine Metal Technologies Public Company Limited (FMT) - Net Assets

Latest as of September 2025: ฿1.39 Billion THB ≈ $43.46 Million USD

Based on the latest financial reports, Fine Metal Technologies Public Company Limited (FMT) has net assets worth ฿1.39 Billion THB (≈ $43.46 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 (฿3.49 Billion ≈ $108.91 Million USD) and total liabilities (฿2.10 Billion ≈ $65.44 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 Fine Metal Technologies Public Company L liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.39 Billion
% of Total Assets	39.91%
Annual Growth Rate	0.99%
5-Year Change	-5.79%
10-Year Change	12.3%
Growth Volatility	6.81

Fine Metal Technologies Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Fine Metal Technologies Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Fine Metal Technologies Public Company L (FMT) total assets for the complete picture of this company's asset base.

Annual Net Assets for Fine Metal Technologies Public Company Limited (2000–2024)

The table below shows the annual net assets of Fine Metal Technologies Public Company Limited from 2000 to 2024. For live valuation and market cap data, see how much is Fine Metal Technologies Public Company L worth.

Year	Net Assets	Change
2024-12-31	฿1.48 Billion ≈ $46.17 Million	-10.24%
2023-12-31	฿1.65 Billion ≈ $51.43 Million	-1.79%
2022-12-31	฿1.68 Billion ≈ $52.37 Million	-2.20%
2021-12-31	฿1.72 Billion ≈ $53.55 Million	+9.28%
2020-12-31	฿1.57 Billion ≈ $49.00 Million	-2.09%
2019-12-31	฿1.61 Billion ≈ $50.05 Million	+2.96%
2018-12-31	฿1.56 Billion ≈ $48.61 Million	+5.58%
2017-12-31	฿1.48 Billion ≈ $46.04 Million	+2.98%
2016-12-31	฿1.43 Billion ≈ $44.71 Million	+8.75%
2015-12-31	฿1.32 Billion ≈ $41.11 Million	+6.66%
2014-12-31	฿1.24 Billion ≈ $38.54 Million	+5.55%
2013-12-31	฿1.17 Billion ≈ $36.51 Million	+7.35%
2012-12-31	฿1.09 Billion ≈ $34.01 Million	-2.41%
2011-12-31	฿1.12 Billion ≈ $34.85 Million	-10.49%
2010-12-31	฿1.25 Billion ≈ $38.94 Million	+7.02%
2009-12-31	฿1.17 Billion ≈ $36.38 Million	-18.17%
2008-12-31	฿1.43 Billion ≈ $44.46 Million	+1.85%
2007-12-31	฿1.40 Billion ≈ $43.65 Million	-1.92%
2006-12-31	฿1.43 Billion ≈ $44.51 Million	-4.98%
2005-12-31	฿1.50 Billion ≈ $46.84 Million	+1.77%
2004-12-31	฿1.48 Billion ≈ $46.03 Million	+8.89%
2003-12-31	฿1.36 Billion ≈ $42.27 Million	+4.98%
2002-12-31	฿1.29 Billion ≈ $40.26 Million	+3.73%
2001-12-31	฿1.25 Billion ≈ $38.82 Million	+6.61%
2000-12-31	฿1.17 Billion ≈ $36.41 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Fine Metal Technologies 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 184.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿448.42 Million	30.28%
Common Stock	฿480.00 Million	32.41%
Other Comprehensive Income	฿45.22 Million	3.05%
Other Components	฿507.50 Million	34.26%
Total Equity	฿1.48 Billion	100.00%

Fine Metal Technologies Public Company Limited Competitors by Market Cap

The table below lists competitors of Fine Metal Technologies Public Company Limited ranked by their market capitalization.

Company	Market Cap
Warimpex Finanz- und Beteiligungs AG VI:WXF	$26.34 Million
BCB Bhd KLSE:6602	$26.35 Million
Sh E & Chemical Co. Ltd. KO:002360	$26.35 Million
Inmobiliaria Park Rose Iberoamericana SOCIMI SA MC:YPARK	$26.36 Million
Goldenstone Acquisition Ltd NASDAQ:GDST	$26.33 Million
Damai Sejahtera Abadi Tbk PT JK:UFOE	$26.32 Million
Hunesion Co.Ltd KQ:290270	$26.32 Million
Sumit Woods Limited NSE:SUMIT	$26.32 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,650,068,387 to 1,481,141,232, a change of -168,927,155 (-10.2%).
Net loss of 36,396,960 reduced equity.
Dividend payments of 124,842,239 reduced retained earnings.
Other comprehensive income increased equity by 879,829.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿-36.40 Million	-2.46%
Dividends Paid	฿124.84 Million	-8.43%
Other Comprehensive Income	฿879.83K	+0.06%
Other Changes	฿-8.57 Million	-0.58%
Total Change	฿-	-10.24%

Book Value vs Market Value Analysis

This analysis compares Fine Metal Technologies 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: 0.57x
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	฿29.75	฿17.60	x
2007-12-31	฿29.25	฿17.60	x
2008-12-31	฿29.72	฿17.60	x
2009-12-31	฿24.32	฿17.60	x
2010-12-31	฿26.02	฿17.60	x
2011-12-31	฿23.29	฿17.60	x
2012-12-31	฿22.73	฿17.60	x
2013-12-31	฿24.40	฿17.60	x
2014-12-31	฿25.76	฿17.60	x
2015-12-31	฿27.48	฿17.60	x
2016-12-31	฿29.88	฿17.60	x
2017-12-31	฿30.77	฿17.60	x
2018-12-31	฿32.49	฿17.60	x
2019-12-31	฿33.45	฿17.60	x
2020-12-31	฿32.75	฿17.60	x
2021-12-31	฿35.79	฿17.60	x
2022-12-31	฿35.00	฿17.60	x
2023-12-31	฿34.38	฿17.60	x
2024-12-31	฿30.89	฿17.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fine Metal Technologies 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): -2.46%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.47%
• Asset Turnover: 2.50x
• Equity Multiplier: 2.08x
Recent ROE (-2.46%) is below the historical average (6.93%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	23.01%	11.71%	0.85x	2.31x	฿151.98 Million
2001	19.69%	9.54%	0.79x	2.61x	฿120.73 Million
2003	14.48%	6.57%	0.76x	2.88x	฿60.72 Million
2004	17.92%	5.78%	0.99x	3.13x	฿116.91 Million
2005	12.60%	3.77%	1.06x	3.16x	฿39.00 Million
2006	3.16%	0.67%	1.21x	3.88x	฿-97.64 Million
2007	1.47%	0.25%	1.66x	3.48x	฿-119.46 Million
2008	5.18%	1.02%	1.82x	2.79x	฿-68.70 Million
2009	-20.15%	-5.91%	1.24x	2.76x	฿-351.94 Million
2010	6.56%	1.20%	1.78x	3.06x	฿-42.93 Million
2011	2.04%	0.31%	2.10x	3.17x	฿-89.05 Million
2012	-1.28%	-0.20%	2.11x	2.97x	฿-123.05 Million
2013	2.91%	0.53%	2.03x	2.72x	฿-83.09 Million
2014	6.72%	1.29%	2.17x	2.41x	฿-40.59 Million
2015	8.38%	1.85%	2.21x	2.06x	฿-21.30 Million
2016	12.23%	3.13%	2.00x	1.96x	฿32.02 Million
2017	9.40%	2.24%	2.03x	2.06x	฿-8.92 Million
2018	9.27%	2.23%	2.20x	1.90x	฿-11.34 Million
2019	7.74%	2.05%	2.21x	1.71x	฿-36.37 Million
2020	2.99%	0.98%	1.56x	1.96x	฿-110.14 Million
2021	12.78%	3.06%	2.15x	1.94x	฿47.72 Million
2022	5.89%	1.24%	2.62x	1.81x	฿-69.06 Million
2023	5.85%	1.43%	2.42x	1.69x	฿-68.55 Million
2024	-2.46%	-0.47%	2.50x	2.08x	฿-184.51 Million

Industry Comparison

This section compares Fine Metal Technologies 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: $1,059,150,909
Average return on equity (ROE) among peers: -30.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fine Metal Technologies Public Company Limited (FMT)	฿1.39 Billion	23.01%	1.51x	$26.33 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
City Steel Public Company Limited (CITY)	$647.86 Million	19.59%	0.04x	$11.31 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 Fine Metal Technologies Public Company Limited

BK:FMT Thailand Metal Fabrication

Market Cap

$26.33 Million

฿844.80 Million THB

Market Cap Rank

#24166 Global

#453 in Thailand

Share Price

฿17.60

Change (1 day)

+6.67%

52-Week Range

฿16.30 - ฿27.25

All Time High

฿36.75