Halcyon Technology Public Company Limited (HTECH) - Net Assets

Latest as of March 2026: ฿1.45 Billion THB ≈ $45.28 Million USD

Based on the latest financial reports, Halcyon Technology Public Company Limited (HTECH) has net assets worth ฿1.45 Billion THB (≈ $45.28 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 (฿1.76 Billion ≈ $54.78 Million USD) and total liabilities (฿304.79 Million ≈ $9.50 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 Halcyon Technology Public Company Limite tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.45 Billion
% of Total Assets	82.66%
Annual Growth Rate	12.22%
5-Year Change	4.49%
10-Year Change	40.14%
Growth Volatility	12.93

Halcyon Technology Public Company Limited - Net Assets Trend (2007–2025)

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

Annual Net Assets for Halcyon Technology Public Company Limited (2007–2025)

The table below shows the annual net assets of Halcyon Technology Public Company Limited from 2007 to 2025. For live valuation and market cap data, see HTECH company net worth.

Year	Net Assets	Change
2025-12-31	฿1.43 Billion ≈ $44.71 Million	-3.18%
2024-12-31	฿1.48 Billion ≈ $46.18 Million	+6.53%
2023-12-31	฿1.39 Billion ≈ $43.35 Million	-2.83%
2022-12-31	฿1.43 Billion ≈ $44.61 Million	+4.26%
2021-12-31	฿1.37 Billion ≈ $42.79 Million	+9.31%
2020-12-31	฿1.26 Billion ≈ $39.14 Million	+4.47%
2019-12-31	฿1.20 Billion ≈ $37.47 Million	-1.68%
2018-12-31	฿1.22 Billion ≈ $38.11 Million	+10.77%
2017-12-31	฿1.10 Billion ≈ $34.40 Million	+7.84%
2016-12-31	฿1.02 Billion ≈ $31.90 Million	+33.92%
2015-12-31	฿764.26 Million ≈ $23.82 Million	+7.98%
2014-12-31	฿707.77 Million ≈ $22.06 Million	+7.95%
2013-12-31	฿655.62 Million ≈ $20.44 Million	+9.56%
2012-12-31	฿598.39 Million ≈ $18.65 Million	+26.33%
2011-12-31	฿473.66 Million ≈ $14.76 Million	+10.62%
2010-12-31	฿428.19 Million ≈ $13.35 Million	+34.87%
2009-12-31	฿317.50 Million ≈ $9.90 Million	+26.27%
2008-12-31	฿251.44 Million ≈ $7.84 Million	+39.61%
2007-12-31	฿180.11 Million ≈ $5.61 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 20267.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿790.52 Million	61.44%
Common Stock	฿300.00 Million	23.32%
Other Comprehensive Income	฿-18.80 Million	-1.46%
Other Components	฿214.95 Million	16.71%
Total Equity	฿1.29 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
Inchcape PLC LSE:INCH	$34.91 Million
Angus Ventures Inc V:GUS	$34.91 Million
Green Impact Partners Inc V:GIP	$34.93 Million
Monalisa KO:012690	$34.94 Million
Mao Bao Inc TW:1732	$34.90 Million
Akobo Minerals AB (publ) OL:AKOBO	$34.90 Million
Retail Food Group Ltd AU:RFG	$34.89 Million
US Energy Corp NASDAQ:USEG	$34.85 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 2024 to 2025, total equity changed from 1,334,317,164 to 1,286,670,102, a change of -47,647,062 (-3.6%).
Net income of 34,357,744 contributed positively to equity growth.
Dividend payments of 46,483,062 reduced retained earnings.
Other comprehensive income decreased equity by 48,797,455.
Other factors increased equity by 13,275,711.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿34.36 Million	+2.67%
Dividends Paid	฿46.48 Million	-3.61%
Other Comprehensive Income	฿-48.80 Million	-3.79%
Other Changes	฿13.28 Million	+1.03%
Total Change	฿-	-3.57%

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: 0.81x
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 decreased from 3.46x to 0.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	฿1.00	฿3.48	x
2008-12-31	฿1.40	฿3.48	x
2009-12-31	฿1.51	฿3.48	x
2010-12-31	฿1.73	฿3.48	x
2011-12-31	฿1.90	฿3.48	x
2012-12-31	฿2.24	฿3.48	x
2013-12-31	฿2.26	฿3.48	x
2014-12-31	฿2.43	฿3.48	x
2015-12-31	฿2.59	฿3.48	x
2016-12-31	฿3.49	฿3.48	x
2017-12-31	฿3.29	฿3.48	x
2018-12-31	฿3.61	฿3.48	x
2019-12-31	฿3.57	฿3.48	x
2020-12-31	฿3.68	฿3.48	x
2021-12-31	฿4.03	฿3.48	x
2022-12-31	฿4.21	฿3.48	x
2023-12-31	฿4.17	฿3.48	x
2024-12-31	฿4.45	฿3.48	x
2025-12-31	฿4.29	฿3.48	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): 2.67%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.81%
• Asset Turnover: 0.71x
• Equity Multiplier: 1.33x
Recent ROE (2.67%) is below the historical average (13.06%), 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	21.22%	24.25%	0.64x	1.36x	฿46.21 Million
2011	19.06%	21.06%	0.61x	1.48x	฿41.29 Million
2012	14.94%	15.70%	0.67x	1.43x	฿27.42 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
2025	2.67%	2.81%	0.71x	1.33x	฿-94.31 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.

About Halcyon Technology Public Company Limited

BK:HTECH Thailand Tools & Accessories

Market Cap

$34.90 Million

฿1.12 Billion THB

Market Cap Rank

#23179 Global

#421 in Thailand

Share Price

฿3.48

Change (1 day)

+0.58%

52-Week Range

฿2.36 - ฿3.68

All Time High

฿10.10