G J Steel Public Company Limited
G J Steel Public Company Limited manufactures and distributes hot rolled coil steel products in Thailand. The company was formerly known as Nakornthai Strip Mill Public Company Limited and changed its name to G J Steel Public Company Limited in June 2008. G J Steel Public Company Limited was founded in 1994 and is headquartered in Bangkok, Thailand.
G J Steel Public Company Limited (GJS) - Net Assets
Latest net assets as of September 2025: ฿10.33 Billion THB
Based on the latest financial reports, G J Steel Public Company Limited (GJS) has net assets worth ฿10.33 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿11.46 Billion) and total liabilities (฿1.13 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 | ฿10.33 Billion |
| % of Total Assets | 90.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | -11.7% |
| 10-Year Change | -6.45% |
| Growth Volatility | 15.02 |
G J Steel Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how G J Steel 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 G J Steel Public Company Limited (2000–2024)
The table below shows the annual net assets of G J Steel Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿11.18 Billion | -8.35% |
| 2023-12-31 | ฿12.20 Billion | -3.98% |
| 2022-12-31 | ฿12.70 Billion | -19.80% |
| 2021-12-31 | ฿15.84 Billion | +25.10% |
| 2020-12-31 | ฿12.66 Billion | -4.77% |
| 2019-12-31 | ฿13.29 Billion | +0.58% |
| 2018-12-31 | ฿13.22 Billion | -5.95% |
| 2017-12-31 | ฿14.05 Billion | +17.68% |
| 2016-12-31 | ฿11.94 Billion | -0.06% |
| 2015-12-31 | ฿11.95 Billion | -11.25% |
| 2014-12-31 | ฿13.46 Billion | -3.01% |
| 2013-12-31 | ฿13.88 Billion | +36.12% |
| 2012-12-31 | ฿10.20 Billion | -16.65% |
| 2011-12-31 | ฿12.24 Billion | -9.21% |
| 2010-12-31 | ฿13.48 Billion | -28.36% |
| 2009-12-31 | ฿18.81 Billion | -19.64% |
| 2008-12-31 | ฿23.41 Billion | +10.60% |
| 2007-12-31 | ฿21.17 Billion | +9.80% |
| 2006-12-31 | ฿19.28 Billion | +8.19% |
| 2005-12-31 | ฿17.82 Billion | -1.45% |
| 2004-12-31 | ฿18.08 Billion | +3.20% |
| 2003-12-31 | ฿17.52 Billion | +162.09% |
| 2002-12-31 | ฿-28.22 Billion | -3.70% |
| 2001-12-31 | ฿-27.21 Billion | -77.18% |
| 2000-12-31 | ฿-15.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to G J Steel 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 decreased by 396784477500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿24.47 Billion | 218.87% |
| Other Comprehensive Income | ฿37.00 Million | 0.33% |
| Total Equity | ฿11.18 Billion | 100.00% |
G J Steel Public Company Limited Competitors by Market Cap
The table below lists competitors of G J Steel Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chien Shing Stainless Steel Co Ltd
TW:2025
|
$33.84 Million |
|
THINKWARE Corporation
KQ:084730
|
$33.86 Million |
|
Metacon AB
ST:META
|
$33.87 Million |
|
Articore Group Ltd
AU:ATG
|
$33.87 Million |
|
Kalray S.A.
LSE:0ABT
|
$33.84 Million |
|
Elin Electronics Limited
NSE:ELIN
|
$33.83 Million |
|
Stronghold Digital Mining Inc
NASDAQ:SDIG
|
$33.83 Million |
|
Hansol Csn
KO:009180
|
$33.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in G J Steel Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,197,803,944 to 11,178,998,303, a change of -1,018,805,641 (-8.4%).
- Net loss of 1,018,805,641 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-1.02 Billion | -9.11% |
| Total Change | ฿- | -8.35% |
Book Value vs Market Value Analysis
This analysis compares G J Steel 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: 0.30x
- 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 0.01x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿17.11 | ฿0.13 | x |
| 2006-12-31 | ฿13.22 | ฿0.13 | x |
| 2007-12-31 | ฿7.35 | ฿0.13 | x |
| 2008-12-31 | ฿5.60 | ฿0.13 | x |
| 2009-12-31 | ฿4.55 | ฿0.13 | x |
| 2010-12-31 | ฿2.36 | ฿0.13 | x |
| 2011-12-31 | ฿2.94 | ฿0.13 | x |
| 2012-12-31 | ฿2.45 | ฿0.13 | x |
| 2013-12-31 | ฿1.36 | ฿0.13 | x |
| 2014-12-31 | ฿1.22 | ฿0.13 | x |
| 2015-12-31 | ฿1.08 | ฿0.13 | x |
| 2016-12-31 | ฿1.08 | ฿0.13 | x |
| 2017-12-31 | ฿1.17 | ฿0.13 | x |
| 2018-12-31 | ฿0.91 | ฿0.13 | x |
| 2019-12-31 | ฿0.61 | ฿0.13 | x |
| 2020-12-31 | ฿0.50 | ฿0.13 | x |
| 2021-12-31 | ฿0.62 | ฿0.13 | x |
| 2022-12-31 | ฿0.50 | ฿0.13 | x |
| 2023-12-31 | ฿0.48 | ฿0.13 | x |
| 2024-12-31 | ฿0.44 | ฿0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently G J Steel 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): -9.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.54%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.06x
- Recent ROE (-9.11%) is below the historical average (-8.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.53% | 910.99% | 0.00x | 1.69x | ฿-1.48 Billion |
| 2004 | 3.23% | 6.00% | 0.30x | 1.82x | ฿-1.22 Billion |
| 2005 | -4.05% | -5.15% | 0.43x | 1.83x | ฿-2.50 Billion |
| 2006 | -18.13% | -20.53% | 0.54x | 1.63x | ฿-5.42 Billion |
| 2007 | -0.83% | -0.74% | 0.77x | 1.47x | ฿-2.29 Billion |
| 2008 | -15.55% | -13.53% | 0.89x | 1.29x | ฿-5.98 Billion |
| 2009 | -24.42% | -32.24% | 0.54x | 1.42x | ฿-6.47 Billion |
| 2010 | -27.24% | -22.71% | 0.68x | 1.76x | ฿-5.02 Billion |
| 2011 | -10.56% | -6.94% | 0.79x | 1.92x | ฿-2.52 Billion |
| 2012 | -19.97% | -25.77% | 0.38x | 2.03x | ฿-3.06 Billion |
| 2013 | -11.52% | -16.35% | 0.47x | 1.49x | ฿-2.99 Billion |
| 2014 | -3.11% | -2.88% | 0.73x | 1.47x | ฿-1.76 Billion |
| 2015 | -12.67% | -12.35% | 0.68x | 1.51x | ฿-2.71 Billion |
| 2016 | -0.06% | -0.06% | 0.66x | 1.49x | ฿-1.20 Billion |
| 2017 | 7.05% | 6.52% | 0.78x | 1.39x | ฿-415.03 Million |
| 2018 | -6.32% | -2.79% | 1.59x | 1.42x | ฿-2.16 Billion |
| 2019 | -13.52% | -13.91% | 0.83x | 1.17x | ฿-3.13 Billion |
| 2020 | -7.40% | -8.23% | 0.77x | 1.17x | ฿-2.20 Billion |
| 2021 | 20.07% | 17.27% | 1.11x | 1.05x | ฿1.59 Billion |
| 2022 | -24.69% | -18.02% | 1.29x | 1.06x | ฿-4.41 Billion |
| 2023 | -4.03% | -3.94% | 0.97x | 1.05x | ฿-1.71 Billion |
| 2024 | -9.11% | -8.54% | 1.01x | 1.06x | ฿-2.14 Billion |
Industry Comparison
This section compares G J Steel Public Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $2,739,517,302
- Average return on equity (ROE) among peers: 2.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| G J Steel Public Company Limited (GJS) | ฿10.33 Billion | 1.53% | 0.11x | $33.84 Million |
| 2S Metal Public Company Limited (2S) | $1.31 Billion | 8.03% | 0.41x | $15.33 Million |
| Asia Metal Public Company Limited (AMC) | $1.58 Billion | 7.16% | 1.61x | $6.99 Million |
| Bangsaphan Barmill Public Company Limited (BSBM) | $1.82 Billion | -2.65% | 0.07x | $5.50 Million |
| Capital Engineering Network Public Company Limited (CEN) | $2.42 Billion | -0.89% | 0.19x | $5.45 Million |
| Chow Steel Industries Public Company Limited (CHOW) | $520.72 Million | 0.00% | 4.33x | $8.20 Million |
| CSP Steel Center Public Company Limited (CSP) | $664.19 Million | 10.03% | 1.87x | $950.75K |
| POSCO-Thainox Public Company Limited (INOX) | $10.76 Billion | -5.72% | 0.42x | $11.41 Million |
| Lohakit Metal Public Company Limited (LHK) | $1.64 Billion | 5.32% | 0.30x | $15.23 Million |
| M.C.S. Steel Public Company Limited (MCS) | $3.94 Billion | 3.04% | 0.72x | $112.11 Million |