Hydrotek Public Company Limited (HYDRO) - Net Assets
Based on the latest financial reports, Hydrotek Public Company Limited (HYDRO) has net assets worth ฿137.82 Million THB (≈ $4.30 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 (฿752.02 Million ≈ $23.44 Million USD) and total liabilities (฿614.20 Million ≈ $19.14 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 Hydrotek Public Company Limited (HYDRO) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿137.82 Million |
| % of Total Assets | 18.33% |
| Annual Growth Rate | -4.33% |
| 5-Year Change | 13.11% |
| 10-Year Change | 95.41% |
| Growth Volatility | 1018.2 |
Hydrotek Public Company Limited - Net Assets Trend (2011–2025)
This chart illustrates how Hydrotek Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hydrotek Public Company Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Hydrotek Public Company Limited (2011–2025)
The table below shows the annual net assets of Hydrotek Public Company Limited from 2011 to 2025. For live valuation and market cap data, see HYDRO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿137.82 Million ≈ $4.30 Million |
+192.95% |
| 2024-12-31 | ฿-148.27 Million ≈ $-4.62 Million |
-825.24% |
| 2023-12-31 | ฿20.44 Million ≈ $637.22K |
-77.36% |
| 2022-12-31 | ฿90.29 Million ≈ $2.81 Million |
-25.89% |
| 2021-12-31 | ฿121.84 Million ≈ $3.80 Million |
+3505.90% |
| 2020-12-31 | ฿3.38 Million ≈ $105.32K |
+112.96% |
| 2019-12-31 | ฿-26.07 Million ≈ $-812.44K |
-105.87% |
| 2018-12-31 | ฿443.77 Million ≈ $13.83 Million |
+115.48% |
| 2017-12-31 | ฿205.94 Million ≈ $6.42 Million |
+192.01% |
| 2016-12-31 | ฿70.52 Million ≈ $2.20 Million |
-63.50% |
| 2015-12-31 | ฿193.23 Million ≈ $6.02 Million |
-31.12% |
| 2014-12-31 | ฿280.51 Million ≈ $8.74 Million |
+6.39% |
| 2013-12-31 | ฿263.67 Million ≈ $8.22 Million |
-5.49% |
| 2012-12-31 | ฿278.98 Million ≈ $8.70 Million |
+8.85% |
| 2011-12-31 | ฿256.29 Million ≈ $7.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hydrotek 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 decreased by 816.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿561.26 Million | 407.26% |
| Total Equity | ฿137.82 Million | 100.00% |
Hydrotek Public Company Limited Competitors by Market Cap
The table below lists competitors of Hydrotek Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bartronics India Limited
NSE:ASMS
|
$25.79 Million |
|
Tai Twun Enterprise Co Ltd
TW:3432
|
$25.81 Million |
|
LakeShore Biopharma Co., Ltd
NASDAQ:LSB
|
$25.84 Million |
|
DF Deutsche Forfait AG
XETRA:DFTK
|
$25.85 Million |
|
Lysaght Galvanized Steel Bhd
KLSE:9199
|
$25.79 Million |
|
EMMERSON PLC O.N.
F:4UM
|
$25.78 Million |
|
Sebang Co Ltd
KO:004365
|
$25.78 Million |
|
Smartiks Yazilim AS
IS:SMART
|
$25.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hydrotek Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -148,266,724 to 137,815,527, a change of 286,082,251.
- Net income of 84,945,285 contributed positively to equity growth.
- New share issuances of 200,317,911 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿84.95 Million | +61.64% |
| Share Issuances | ฿200.32 Million | +145.35% |
| Other Changes | ฿819.05K | +0.59% |
| Total Change | ฿- | % |
Book Value vs Market Value Analysis
This analysis compares Hydrotek 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: 6.00x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.37x to 6.00x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿7.45 | ฿2.74 | x |
| 2012-12-31 | ฿6.36 | ฿2.74 | x |
| 2013-12-31 | ฿3.77 | ฿2.74 | x |
| 2014-12-31 | ฿4.38 | ฿2.74 | x |
| 2015-12-31 | ฿2.20 | ฿2.74 | x |
| 2016-12-31 | ฿0.77 | ฿2.74 | x |
| 2017-12-31 | ฿2.29 | ฿2.74 | x |
| 2018-12-31 | ฿1.65 | ฿2.74 | x |
| 2019-12-31 | ฿-0.17 | ฿2.74 | x |
| 2020-12-31 | ฿0.02 | ฿2.74 | x |
| 2021-12-31 | ฿0.59 | ฿2.74 | x |
| 2022-12-31 | ฿0.28 | ฿2.74 | x |
| 2023-12-31 | ฿0.07 | ฿2.74 | x |
| 2024-12-31 | ฿-1.78 | ฿2.74 | x |
| 2025-12-31 | ฿0.46 | ฿2.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hydrotek 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): 61.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.19%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 5.46x
- Recent ROE (61.64%) is above the historical average (-212.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 18.69% | 6.95% | 1.32x | 2.04x | ฿22.28 Million |
| 2012 | 20.25% | 6.46% | 1.61x | 1.94x | ฿28.59 Million |
| 2013 | -3.92% | -1.48% | 1.17x | 2.27x | ฿-36.71 Million |
| 2014 | -63.33% | -29.94% | 0.89x | 2.38x | ฿-205.68 Million |
| 2015 | -45.94% | -11.92% | 0.99x | 3.91x | ฿-107.81 Million |
| 2016 | -192.79% | -32.16% | 0.87x | 6.92x | ฿-137.32 Million |
| 2017 | -29.61% | -23.70% | 0.45x | 2.80x | ฿-80.01 Million |
| 2018 | -96.77% | -136.08% | 0.13x | 5.34x | ฿-268.66 Million |
| 2019 | 0.00% | -109.84% | 0.66x | 0.00x | ฿-293.33 Million |
| 2020 | -2396.96% | -45.22% | 0.38x | 137.92x | ฿-74.62 Million |
| 2021 | -16.45% | -7.39% | 0.59x | 3.78x | ฿-32.15 Million |
| 2022 | -89.40% | -61.96% | 0.32x | 4.49x | ฿-89.75 Million |
| 2023 | -350.79% | -96.71% | 0.20x | 18.10x | ฿-73.76 Million |
| 2024 | 0.00% | -218.63% | 0.42x | 0.00x | ฿-203.53 Million |
| 2025 | 61.64% | 16.19% | 0.70x | 5.46x | ฿71.16 Million |
Industry Comparison
This section compares Hydrotek Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,915,274,348
- Average return on equity (ROE) among peers: 0.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hydrotek Public Company Limited (HYDRO) | ฿137.82 Million | 18.69% | 4.46x | $25.79 Million |
| Asia Precision Public Company Limited (APCS) | $1.70 Billion | 13.02% | 0.70x | $28.80 Million |
| CH. Karnchang PCL (CK) | $2.95 Billion | 0.00% | 4.00x | $890.38 Million |
| CH. Karnchang Public Company Limited (CK-R) | $27.81 Billion | 6.39% | 1.97x | $874.67 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $962.87 Million | 14.14% | 1.76x | $32.68 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $281.94 Million | -27.02% | 2.02x | $4.83 Million |
| Demco Public Company Limited (DEMCO) | $3.59 Billion | -15.33% | 0.79x | $51.03 Million |
| EMC Public Company Limited (EMC) | $916.22 Million | 3.70% | 2.17x | $11.75 Million |
| Floyd Public Company Limited (FLOYD) | $45.87 Million | 24.77% | 3.63x | $15.65 Million |
| Italian-Thai Development Public Company Limited (ITD) | $14.98 Billion | -14.32% | 2.38x | $41.14 Million |
About Hydrotek Public Company Limited
Hydrotek Public Company Limited, together with its subsidiaries, engages in the construction and management of water treatment and wastewater treatment system, waste management system, and selling of related supplies in Thailand. It offers engineering, procurement and construction, operation and maintenance, water operator of water treatment plant and wastewater treatment plant, and water operato… Read more