Siam Global House Public Company Limited (GLOBAL) - Net Assets
Based on the latest financial reports, Siam Global House Public Company Limited (GLOBAL) has net assets worth ฿25.79 Billion THB (≈ $803.93 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿40.19 Billion ≈ $1.25 Billion USD) and total liabilities (฿14.40 Billion ≈ $448.76 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 Siam Global House Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿25.79 Billion |
| % of Total Assets | 64.18% |
| Annual Growth Rate | 18.68% |
| 5-Year Change | 30.03% |
| 10-Year Change | 58.68% |
| Growth Volatility | 30.8 |
Siam Global House Public Company Limited - Net Assets Trend (2008–2025)
This chart illustrates how Siam Global House Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Siam Global House Public Company Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Siam Global House Public Company Limited (2008–2025)
The table below shows the annual net assets of Siam Global House Public Company Limited from 2008 to 2025. For live valuation and market cap data, see Siam Global House Public Company Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿25.79 Billion ≈ $803.93 Million |
+3.34% |
| 2024-12-31 | ฿24.96 Billion ≈ $777.92 Million |
+5.99% |
| 2023-12-31 | ฿23.55 Billion ≈ $733.95 Million |
+6.59% |
| 2022-12-31 | ฿22.09 Billion ≈ $688.56 Million |
+11.37% |
| 2021-12-31 | ฿19.84 Billion ≈ $618.27 Million |
+15.23% |
| 2020-12-31 | ฿17.21 Billion ≈ $536.54 Million |
+6.71% |
| 2019-12-31 | ฿16.13 Billion ≈ $502.79 Million |
+8.36% |
| 2018-12-31 | ฿14.89 Billion ≈ $464.00 Million |
+11.26% |
| 2017-12-31 | ฿13.38 Billion ≈ $417.05 Million |
-17.68% |
| 2016-12-31 | ฿16.25 Billion ≈ $506.63 Million |
+8.96% |
| 2015-12-31 | ฿14.92 Billion ≈ $464.97 Million |
+5.93% |
| 2014-12-31 | ฿14.08 Billion ≈ $438.95 Million |
+36.72% |
| 2013-12-31 | ฿10.30 Billion ≈ $321.07 Million |
+11.31% |
| 2012-12-31 | ฿9.25 Billion ≈ $288.44 Million |
+109.25% |
| 2011-12-31 | ฿4.42 Billion ≈ $137.84 Million |
+67.34% |
| 2010-12-31 | ฿2.64 Billion ≈ $82.37 Million |
+9.87% |
| 2009-12-31 | ฿2.41 Billion ≈ $74.98 Million |
+71.41% |
| 2008-12-31 | ฿1.40 Billion ≈ $43.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Siam Global House 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 189806.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿15.09 Billion | 59.08% |
| Other Components | ฿10.45 Billion | 40.92% |
| Total Equity | ฿25.54 Billion | 100.00% |
Siam Global House Public Company Limited Competitors by Market Cap
The table below lists competitors of Siam Global House Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
First Hi-tec Enterprise Co Ltd
TWO:5439
|
$1.12 Billion |
|
Canadian Solar Inc
NASDAQ:CSIQ
|
$1.12 Billion |
|
Xinjiang Baodi Mining Co. Ltd. A
SHG:601121
|
$1.12 Billion |
|
Center International Group Co Ltd
SHG:603098
|
$1.12 Billion |
|
Titagarh Rail Systems Limited
NSE:TITAGARH
|
$1.12 Billion |
|
Beijing Creative Distribution Automation Co Ltd
SHE:002350
|
$1.12 Billion |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
$1.12 Billion |
|
Tianjin Capital Environmental Protection Group Co Ltd
SHG:600874
|
$1.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Siam Global House Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 24,662,917,159 to 25,540,410,813, a change of 877,493,654 (3.6%).
- Net income of 1,963,947,606 contributed positively to equity growth.
- Dividend payments of 958,571,178 reduced retained earnings.
- Other comprehensive income decreased equity by 526,182,751.
- Other factors increased equity by 398,299,977.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.96 Billion | +7.69% |
| Dividends Paid | ฿958.57 Million | -3.75% |
| Other Comprehensive Income | ฿-526.18 Million | -2.06% |
| Other Changes | ฿398.30 Million | +1.56% |
| Total Change | ฿- | 3.56% |
Book Value vs Market Value Analysis
This analysis compares Siam Global House 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: 1.41x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.41x to 1.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | ฿0.90 | ฿6.65 | x |
| 2010-12-31 | ฿0.68 | ฿6.65 | x |
| 2011-12-31 | ฿1.13 | ฿6.65 | x |
| 2012-12-31 | ฿2.11 | ฿6.65 | x |
| 2013-12-31 | ฿2.07 | ฿6.65 | x |
| 2014-12-31 | ฿2.82 | ฿6.65 | x |
| 2015-12-31 | ฿2.98 | ฿6.65 | x |
| 2016-12-31 | ฿3.25 | ฿6.65 | x |
| 2017-12-31 | ฿2.67 | ฿6.65 | x |
| 2018-12-31 | ฿2.93 | ฿6.65 | x |
| 2019-12-31 | ฿3.18 | ฿6.65 | x |
| 2020-12-31 | ฿3.26 | ฿6.65 | x |
| 2021-12-31 | ฿3.76 | ฿6.65 | x |
| 2022-12-31 | ฿4.19 | ฿6.65 | x |
| 2023-12-31 | ฿4.47 | ฿6.65 | x |
| 2024-12-31 | ฿4.74 | ฿6.65 | x |
| 2025-12-31 | ฿4.73 | ฿6.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Siam Global House 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): 7.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.21%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.57x
- Recent ROE (7.69%) is below the historical average (11.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 14.92% | 8.04% | 0.97x | 1.90x | ฿118.43 Million |
| 2010 | 13.70% | 6.07% | 1.02x | 2.22x | ฿97.85 Million |
| 2011 | 11.09% | 5.99% | 0.98x | 1.88x | ฿48.36 Million |
| 2012 | 6.58% | 5.65% | 0.90x | 1.30x | ฿-316.41 Million |
| 2013 | 8.59% | 6.19% | 0.89x | 1.56x | ฿-145.06 Million |
| 2014 | 4.98% | 4.51% | 0.73x | 1.50x | ฿-706.57 Million |
| 2015 | 5.90% | 5.22% | 0.73x | 1.54x | ฿-611.19 Million |
| 2016 | 9.20% | 7.93% | 0.67x | 1.72x | ฿-130.46 Million |
| 2017 | 12.05% | 7.72% | 0.74x | 2.11x | ฿273.59 Million |
| 2018 | 13.65% | 7.89% | 0.82x | 2.11x | ฿535.80 Million |
| 2019 | 13.16% | 7.45% | 0.78x | 2.26x | ฿502.26 Million |
| 2020 | 11.52% | 7.30% | 0.74x | 2.12x | ฿257.85 Million |
| 2021 | 17.09% | 9.98% | 0.85x | 2.01x | ฿1.39 Billion |
| 2022 | 16.00% | 9.89% | 0.90x | 1.80x | ฿1.31 Billion |
| 2023 | 11.50% | 8.27% | 0.83x | 1.68x | ฿347.51 Million |
| 2024 | 9.64% | 7.36% | 0.82x | 1.60x | ฿-89.29 Million |
| 2025 | 7.69% | 6.21% | 0.79x | 1.57x | ฿-590.09 Million |
Industry Comparison
This section compares Siam Global House Public Company Limited's net assets metrics with peer companies in the Home Improvement Retail industry.
Industry Context
- Industry: Home Improvement Retail
- Average net assets among peers: $4,323,478,302
- Average return on equity (ROE) among peers: 16.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Siam Global House Public Company Limited (GLOBAL) | ฿25.79 Billion | 14.92% | 0.56x | $1.12 Billion |
| Home Product Center Public Company Limited (HMPRO) | $4.32 Billion | 16.43% | 1.84x | $2.45 Billion |
About Siam Global House Public Company Limited
Siam Global House Public Company Limited engages in the merchandising of construction materials, home decorative products, and tools and equipment used in construction, home improvement, and household and gardening decoration in Thailand, Cambodia, and Myanmar. The company sells various products comprising electric appliances; doors and windows; home improvement and repair equipment; water tank a… Read more