Getabec Public Company Limited (GTB) - Net Assets

Latest as of March 2026: ฿872.27 Million THB ≈ $27.19 Million USD

Based on the latest financial reports, Getabec Public Company Limited (GTB) has net assets worth ฿872.27 Million THB (≈ $27.19 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 (฿1.12 Billion ≈ $34.87 Million USD) and total liabilities (฿246.43 Million ≈ $7.68 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 Getabec Public Company Limited (GTB) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿872.27 Million
% of Total Assets	77.97%
Annual Growth Rate	7.22%
5-Year Change	32.43%
10-Year Change	37.97%
Growth Volatility	29.33

Getabec Public Company Limited - Net Assets Trend (2013–2025)

This chart illustrates how Getabec Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Getabec Public Company Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Getabec Public Company Limited (2013–2025)

The table below shows the annual net assets of Getabec Public Company Limited from 2013 to 2025. For live valuation and market cap data, see GTB market cap.

Year	Net Assets	Change
2025-12-31	฿860.64 Million ≈ $26.83 Million	+2.87%
2024-12-31	฿836.64 Million ≈ $26.08 Million	+4.75%
2023-12-31	฿798.71 Million ≈ $24.90 Million	+13.99%
2022-12-31	฿700.69 Million ≈ $21.84 Million	+7.82%
2021-12-31	฿649.87 Million ≈ $20.26 Million	-10.47%
2020-12-31	฿725.88 Million ≈ $22.63 Million	-2.87%
2019-12-31	฿747.30 Million ≈ $23.29 Million	+22.89%
2018-12-31	฿608.11 Million ≈ $18.95 Million	-4.25%
2017-12-31	฿635.11 Million ≈ $19.80 Million	+1.82%
2016-12-31	฿623.78 Million ≈ $19.44 Million	+99.59%
2015-12-31	฿312.53 Million ≈ $9.74 Million	-24.27%
2014-12-31	฿412.67 Million ≈ $12.86 Million	+10.65%
2013-12-31	฿372.97 Million ≈ $11.63 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Getabec 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 14.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿272.43 Million	31.65%
Common Stock	฿240.00 Million	27.89%
Other Comprehensive Income	฿144.85 Million	16.83%
Other Components	฿203.36 Million	23.63%
Total Equity	฿860.64 Million	100.00%

Getabec Public Company Limited Competitors by Market Cap

The table below lists competitors of Getabec Public Company Limited ranked by their market capitalization.

Company	Market Cap
FIREBIRD METALS LTD F:7Y2	$20.97 Million
Bangkok Sheet Metal Public Company Limited BK:BM	$20.98 Million
Thai Film Industries Public Company Limited BK:TFI	$20.98 Million
Pantera Silver Corp V:PNTR	$20.98 Million
Research Frontiers Incorporated NASDAQ:REFR	$20.92 Million
Swoop Holdings Ltd AU:SWP	$20.91 Million
Tah Tong Textile Co Ltd TW:1441	$20.91 Million
Wonil Special Steel Co. Ltd KQ:012620	$20.90 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 836,636,977 to 860,637,197, a change of 24,000,220 (2.9%).
Net income of 80,042,671 contributed positively to equity growth.
Dividend payments of 47,979,018 reduced retained earnings.
Other comprehensive income increased equity by 120,849,626.
Other factors decreased equity by 128,913,059.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿80.04 Million	+9.3%
Dividends Paid	฿47.98 Million	-5.57%
Other Comprehensive Income	฿120.85 Million	+14.04%
Other Changes	฿-128.91 Million	-14.98%
Total Change	฿-	2.87%

Book Value vs Market Value Analysis

This analysis compares Getabec 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: 0.78x
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
2013-12-31	฿0.81	฿0.70	x
2014-12-31	฿0.90	฿0.70	x
2015-12-31	฿0.57	฿0.70	x
2016-12-31	฿0.69	฿0.70	x
2017-12-31	฿0.66	฿0.70	x
2018-12-31	฿0.63	฿0.70	x
2019-12-31	฿0.78	฿0.70	x
2020-12-31	฿0.76	฿0.70	x
2021-12-31	฿0.68	฿0.70	x
2022-12-31	฿0.73	฿0.70	x
2023-12-31	฿0.83	฿0.70	x
2024-12-31	฿0.87	฿0.70	x
2025-12-31	฿0.90	฿0.70	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Getabec 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): 9.30%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.43%
• Asset Turnover: 0.94x
• Equity Multiplier: 1.34x
Recent ROE (9.30%) is above the historical average (8.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	21.04%	6.92%	1.74x	1.75x	฿41.16 Million
2014	12.05%	5.17%	1.42x	1.65x	฿8.47 Million
2015	22.05%	7.48%	1.48x	2.00x	฿37.65 Million
2016	11.68%	7.34%	1.06x	1.51x	฿10.51 Million
2017	6.80%	3.17%	1.30x	1.66x	฿-20.32 Million
2018	0.12%	0.07%	1.17x	1.41x	฿-60.08 Million
2019	11.04%	5.91%	1.24x	1.51x	฿7.80 Million
2020	4.65%	3.02%	1.07x	1.45x	฿-38.81 Million
2021	-9.05%	-6.65%	0.87x	1.56x	฿-123.78 Million
2022	6.35%	4.02%	1.10x	1.43x	฿-25.59 Million
2023	7.56%	5.50%	0.97x	1.42x	฿-19.51 Million
2024	9.29%	6.76%	1.00x	1.38x	฿-5.93 Million
2025	9.30%	7.43%	0.94x	1.34x	฿-6.02 Million

Industry Comparison

This section compares Getabec Public Company Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $880,934,199
Average return on equity (ROE) among peers: -9.65%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Getabec Public Company Limited (GTB)	฿872.27 Million	21.04%	0.28x	$20.95 Million
Kulthorn Kirby Public Company Limited (KKC)	$991.10 Million	-64.39%	5.79x	$1.87 Million
Pioneer Motor Public Company Limited (PIMO)	$310.02 Million	13.02%	0.42x	$24.90 Million
Patkol Public Company Limited (PK)	$783.59 Million	8.59%	2.43x	$7.63 Million
Eureka Design Public Company Limited (UREKA)	$1.44 Billion	4.17%	0.23x	$25.81 Million

About Getabec Public Company Limited

BK:GTB Thailand Specialty Industrial Machinery

Market Cap

$20.95 Million

฿672.00 Million THB

Market Cap Rank

#24986 Global

#482 in Thailand

Share Price

฿0.70

Change (1 day)

+0.00%

52-Week Range

฿0.64 - ฿0.78

All Time High

฿1.39