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 how strategically is Halcyon Technology Public Company Limite's equity deployed to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Halcyon Technology Public Company Limite (HTECH) total market value.

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. Also explore how fast is Halcyon Technology Public Company Limite growing its equity to track the company's year-over-year net asset growth rate.

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
Feytech Holdings Berhad KLSE:5322	$49.75 Million
Howden Joinery Group Plc LSE:HWDN	$49.78 Million
Black Hawk Acquisition Corporation NASDAQ:BKHA	$49.80 Million
Poujoulat S.A. PA:ALPJT	$49.82 Million
Top Win International Limited NASDAQ:SORA	$49.73 Million
Dong-A Hwa Sung Co.Ltd KQ:041930	$49.72 Million
NuriFlex Co.Ltd KQ:040160	$49.69 Million
ConvaTec Group PLC LSE:CTEC	$49.67 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: 1.16x
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 4.94x to 1.16x 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	฿4.96	x
2008-12-31	฿1.40	฿4.96	x
2009-12-31	฿1.51	฿4.96	x
2010-12-31	฿1.73	฿4.96	x
2011-12-31	฿1.90	฿4.96	x
2012-12-31	฿2.24	฿4.96	x
2013-12-31	฿2.26	฿4.96	x
2014-12-31	฿2.43	฿4.96	x
2015-12-31	฿2.59	฿4.96	x
2016-12-31	฿3.49	฿4.96	x
2017-12-31	฿3.29	฿4.96	x
2018-12-31	฿3.61	฿4.96	x
2019-12-31	฿3.57	฿4.96	x
2020-12-31	฿3.68	฿4.96	x
2021-12-31	฿4.03	฿4.96	x
2022-12-31	฿4.21	฿4.96	x
2023-12-31	฿4.17	฿4.96	x
2024-12-31	฿4.45	฿4.96	x
2025-12-31	฿4.29	฿4.96	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

$49.75 Million

฿1.60 Billion THB

Market Cap Rank

#21980 Global

#386 in Thailand

Share Price

฿4.96

Change (1 day)

-0.80%

52-Week Range

฿2.36 - ฿5.10

All Time High

฿10.10