Halcyon Technology Public Company Limited
Halcyon Technology Public Company Limited, together with its subsidiaries, manufactures, distributes, imports, and sells cutting tools, jig and fixtures, and custom metallic devices in Thailand and internationally. The company operates in three segments: Manufacturing and Selling of Customized Cutting Tools; Importing and Selling of Cutting Tools; and Manufacturing and Selling of Metal Fabricated… Read more
Halcyon Technology Public Company Limited (HTECH) - Net Assets
Latest net assets as of September 2025: ฿1.50 Billion THB
Based on the latest financial reports, Halcyon Technology Public Company Limited (HTECH) has net assets worth ฿1.50 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 (฿1.81 Billion) and total liabilities (฿307.41 Million). 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 | ฿1.50 Billion |
| % of Total Assets | 83.0% |
| Annual Growth Rate | 13.19% |
| 5-Year Change | 17.97% |
| 10-Year Change | 93.85% |
| Growth Volatility | 12.68 |
Halcyon Technology Public Company Limited - Net Assets Trend (2007–2024)
This chart illustrates how Halcyon Technology 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 Halcyon Technology Public Company Limited (2007–2024)
The table below shows the annual net assets of Halcyon Technology Public Company Limited from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.48 Billion | +6.53% |
| 2023-12-31 | ฿1.39 Billion | -2.83% |
| 2022-12-31 | ฿1.43 Billion | +4.26% |
| 2021-12-31 | ฿1.37 Billion | +9.31% |
| 2020-12-31 | ฿1.26 Billion | +4.47% |
| 2019-12-31 | ฿1.20 Billion | -1.68% |
| 2018-12-31 | ฿1.22 Billion | +10.77% |
| 2017-12-31 | ฿1.10 Billion | +7.84% |
| 2016-12-31 | ฿1.02 Billion | +33.92% |
| 2015-12-31 | ฿764.26 Million | +7.98% |
| 2014-12-31 | ฿707.77 Million | +7.95% |
| 2013-12-31 | ฿655.62 Million | +9.56% |
| 2012-12-31 | ฿598.39 Million | +26.33% |
| 2011-12-31 | ฿473.66 Million | +10.62% |
| 2010-12-31 | ฿428.19 Million | +34.87% |
| 2009-12-31 | ฿317.50 Million | +26.27% |
| 2008-12-31 | ฿251.44 Million | +39.61% |
| 2007-12-31 | ฿180.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Halcyon Technology 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 21085.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿822.28 Million | 61.63% |
| Common Stock | ฿300.00 Million | 22.48% |
| Other Comprehensive Income | ฿30.00 Million | 2.25% |
| Other Components | ฿182.04 Million | 13.64% |
| Total Equity | ฿1.33 Billion | 100.00% |
Halcyon Technology Public Company Limited Competitors by Market Cap
The table below lists competitors of Halcyon Technology Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D3 Energy Ltd
AU:D3E
|
$16.29 Million |
|
DRGEM Corporation
KQ:263690
|
$16.29 Million |
|
Lian Fa International Dining Business Corp.
TWO:2756
|
$16.30 Million |
|
Marti Otel Isletmeleri AS
IS:MARTI
|
$16.31 Million |
|
NSE S.A. EO 155
F:7YM
|
$16.29 Million |
|
Image Resources NL
AU:IMA
|
$16.29 Million |
|
GetBusy plc
PINK:GETBF
|
$16.28 Million |
|
LB30
F:LB30
|
$16.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Halcyon Technology Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,250,245,898 to 1,334,317,164, a change of 84,071,266 (6.7%).
- Net income of 113,626,384 contributed positively to equity growth.
- Dividend payments of 29,998,956 reduced retained earnings.
- Other comprehensive income increased equity by 19,125,545.
- Other factors decreased equity by 18,681,707.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿113.63 Million | +8.52% |
| Dividends Paid | ฿30.00 Million | -2.25% |
| Other Comprehensive Income | ฿19.13 Million | +1.43% |
| Other Changes | ฿-18.68 Million | -1.4% |
| Total Change | ฿- | 6.72% |
Book Value vs Market Value Analysis
This analysis compares Halcyon Technology 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: 0.62x
- 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 0.46x to 0.62x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | ฿6.03 | ฿2.76 | x |
| 2008-12-31 | ฿1.40 | ฿2.76 | x |
| 2009-12-31 | ฿1.51 | ฿2.76 | x |
| 2010-12-31 | ฿1.73 | ฿2.76 | x |
| 2011-12-31 | ฿1.90 | ฿2.76 | x |
| 2012-12-31 | ฿2.24 | ฿2.76 | x |
| 2013-12-31 | ฿2.26 | ฿2.76 | x |
| 2014-12-31 | ฿2.43 | ฿2.76 | x |
| 2015-12-31 | ฿2.59 | ฿2.76 | x |
| 2016-12-31 | ฿3.49 | ฿2.76 | x |
| 2017-12-31 | ฿3.29 | ฿2.76 | x |
| 2018-12-31 | ฿3.61 | ฿2.76 | x |
| 2019-12-31 | ฿3.57 | ฿2.76 | x |
| 2020-12-31 | ฿3.68 | ฿2.76 | x |
| 2021-12-31 | ฿4.03 | ฿2.76 | x |
| 2022-12-31 | ฿4.21 | ฿2.76 | x |
| 2023-12-31 | ฿4.17 | ฿2.76 | x |
| 2024-12-31 | ฿4.45 | ฿2.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Halcyon Technology 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): 8.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.28%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.35x
- Recent ROE (8.52%) is below the historical average (13.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 29.24% | 19.58% | 0.79x | 1.89x | ฿34.65 Million |
| 2008 | 28.24% | 25.39% | 0.75x | 1.48x | ฿45.85 Million |
| 2009 | 20.48% | 27.46% | 0.52x | 1.42x | ฿33.28 Million |
| 2010 | 21.34% | 24.38% | 0.64x | 1.36x | ฿46.70 Million |
| 2011 | 19.06% | 21.06% | 0.61x | 1.48x | ฿41.29 Million |
| 2012 | 15.94% | 16.75% | 0.67x | 1.43x | ฿33.00 Million |
| 2013 | 8.46% | 8.66% | 0.63x | 1.55x | ฿-9.09 Million |
| 2014 | 10.71% | 9.74% | 0.72x | 1.53x | ฿4.49 Million |
| 2015 | 9.35% | 8.81% | 0.70x | 1.51x | ฿-4.42 Million |
| 2016 | 12.83% | 14.39% | 0.64x | 1.39x | ฿26.02 Million |
| 2017 | 15.03% | 14.88% | 0.62x | 1.62x | ฿49.66 Million |
| 2018 | 16.07% | 15.66% | 0.67x | 1.53x | ฿65.86 Million |
| 2019 | 4.77% | 5.30% | 0.60x | 1.51x | ฿-55.96 Million |
| 2020 | 4.80% | 5.59% | 0.55x | 1.56x | ฿-57.40 Million |
| 2021 | 11.18% | 12.12% | 0.63x | 1.46x | ฿14.28 Million |
| 2022 | 7.96% | 8.40% | 0.64x | 1.48x | ฿-25.77 Million |
| 2023 | 2.67% | 3.18% | 0.59x | 1.43x | ฿-91.64 Million |
| 2024 | 8.52% | 9.28% | 0.68x | 1.35x | ฿-19.81 Million |
Industry Comparison
This section compares Halcyon Technology Public Company Limited's net assets metrics with peer companies in the Tools & Accessories industry.
No peer company data available for comparison.