K.C. Metalsheet Public Company Limited
K.C. Metalsheet Public Company Limited, together with its subsidiaries, engages in the manufacture, distribution, and sale of metal sheets for roofing and other applications in Thailand. The company sells manufactured goods under the contract with customers; provides roof installation services with metal sheets and various steel goods; and provides property rental services. It also offers constru… Read more
K.C. Metalsheet Public Company Limited (KCM) - Net Assets
Latest net assets as of September 2025: ฿393.68 Million THB
Based on the latest financial reports, K.C. Metalsheet Public Company Limited (KCM) has net assets worth ฿393.68 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿613.36 Million) and total liabilities (฿219.68 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 | ฿393.68 Million |
| % of Total Assets | 64.18% |
| Annual Growth Rate | 5.48% |
| 5-Year Change | -10.07% |
| 10-Year Change | -5.54% |
| Growth Volatility | 24.36 |
K.C. Metalsheet Public Company Limited - Net Assets Trend (2012–2024)
This chart illustrates how K.C. Metalsheet 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 K.C. Metalsheet Public Company Limited (2012–2024)
The table below shows the annual net assets of K.C. Metalsheet Public Company Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿407.34 Million | -4.85% |
| 2023-12-31 | ฿428.12 Million | -0.59% |
| 2022-12-31 | ฿430.65 Million | -2.99% |
| 2021-12-31 | ฿443.92 Million | -1.99% |
| 2020-12-31 | ฿452.94 Million | +1.00% |
| 2019-12-31 | ฿448.47 Million | -2.96% |
| 2018-12-31 | ฿462.16 Million | +2.23% |
| 2017-12-31 | ฿452.07 Million | -0.02% |
| 2016-12-31 | ฿452.15 Million | +4.85% |
| 2015-12-31 | ฿431.23 Million | -0.77% |
| 2014-12-31 | ฿434.57 Million | +87.44% |
| 2013-12-31 | ฿231.84 Million | +7.95% |
| 2012-12-31 | ฿214.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to K.C. Metalsheet 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 81.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿36.62 Million | 8.99% |
| Common Stock | ฿170.00 Million | 41.73% |
| Other Comprehensive Income | ฿5.64 Million | 1.39% |
| Other Components | ฿195.08 Million | 47.89% |
| Total Equity | ฿407.34 Million | 100.00% |
K.C. Metalsheet Public Company Limited Competitors by Market Cap
The table below lists competitors of K.C. Metalsheet Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nova Net Lease REIT
PINK:NNLRF
|
$1.23 Million |
|
AKTIENBRAU.KAUFBEUR
MU:ABK
|
$1.23 Million |
|
iMining Blockchain and Cryptocurrency Inc
PINK:IBKKF
|
$1.23 Million |
|
ARCTIC MINERALS AB SK 2
F:9QY
|
$1.23 Million |
|
TD Synnex Corp
STU:SUX
|
$1.23 Million |
|
Cyber Media (India) Limited
NSE:CYBERMEDIA
|
$1.22 Million |
|
Ortin Laboratories Limited
NSE:ORTINLAB
|
$1.22 Million |
|
AIS Resources Ltd
V:AIS
|
$1.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in K.C. Metalsheet Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 428,118,319 to 407,340,305, a change of -20,778,014 (-4.9%).
- Net loss of 21,905,536 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-21.91 Million | -5.38% |
| Other Changes | ฿1.13 Million | +0.28% |
| Total Change | ฿- | -4.85% |
Book Value vs Market Value Analysis
This analysis compares K.C. Metalsheet 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: 0.28x
- 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 0.06x to 0.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿2.68 | ฿0.17 | x |
| 2013-12-31 | ฿0.34 | ฿0.17 | x |
| 2014-12-31 | ฿1.70 | ฿0.17 | x |
| 2015-12-31 | ฿0.63 | ฿0.17 | x |
| 2016-12-31 | ฿0.66 | ฿0.17 | x |
| 2017-12-31 | ฿0.66 | ฿0.17 | x |
| 2018-12-31 | ฿0.68 | ฿0.17 | x |
| 2019-12-31 | ฿0.66 | ฿0.17 | x |
| 2020-12-31 | ฿0.67 | ฿0.17 | x |
| 2021-12-31 | ฿0.65 | ฿0.17 | x |
| 2022-12-31 | ฿0.63 | ฿0.17 | x |
| 2023-12-31 | ฿0.63 | ฿0.17 | x |
| 2024-12-31 | ฿0.60 | ฿0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently K.C. Metalsheet 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): -5.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.15%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.65x
- Recent ROE (-5.38%) is below the historical average (3.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 21.84% | 5.76% | 1.39x | 2.73x | ฿25.43 Million |
| 2013 | 18.15% | 5.05% | 1.16x | 3.10x | ฿18.89 Million |
| 2014 | 1.63% | 1.04% | 1.09x | 1.44x | ฿-36.39 Million |
| 2015 | 3.96% | 3.04% | 0.83x | 1.57x | ฿-26.06 Million |
| 2016 | 2.81% | 2.86% | 0.57x | 1.72x | ฿-32.51 Million |
| 2017 | 1.20% | 1.38% | 0.60x | 1.45x | ฿-39.78 Million |
| 2018 | 1.11% | 1.36% | 0.66x | 1.23x | ฿-41.10 Million |
| 2019 | -2.49% | -3.27% | 0.61x | 1.24x | ฿-56.03 Million |
| 2020 | 1.12% | 1.28% | 0.65x | 1.36x | ฿-40.20 Million |
| 2021 | -1.10% | -1.13% | 0.68x | 1.43x | ฿-49.27 Million |
| 2022 | -3.08% | -3.76% | 0.57x | 1.43x | ฿-56.34 Million |
| 2023 | -0.66% | -0.74% | 0.57x | 1.55x | ฿-45.63 Million |
| 2024 | -5.38% | -6.15% | 0.53x | 1.65x | ฿-62.64 Million |
Industry Comparison
This section compares K.C. Metalsheet Public Company Limited's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,059,050,983
- Average return on equity (ROE) among peers: 5.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| K.C. Metalsheet Public Company Limited (KCM) | ฿393.68 Million | 21.84% | 0.56x | $1.23 Million |
| BJC Heavy Industries Public Company Limited (BJCHI) | $3.38 Billion | 2.21% | 0.25x | $6.91 Million |
| Bangkok Sheet Metal Public Company Limited (BM) | $891.13 Million | 9.29% | 0.78x | $7.25 Million |
| BT Wealth Industries Public Company Limited (BTW) | $1.00 Billion | -14.26% | 0.64x | $1.13 Million |
| City Steel Public Company Limited (CITY) | $1.01 Billion | 13.73% | 0.04x | $2.98 Million |
| Fine Metal Technologies Public Company Limited (FMT) | $1.09 Billion | -1.28% | 1.97x | $8.84 Million |
| Kijcharoen Engineering Electric PCL (KJL) | $616.67 Million | 24.72% | 0.72x | $8.72 Million |
| Polynet PCL (POLY) | $1.30 Billion | 13.45% | 0.20x | $18.56 Million |
| Sahamitr Pressure Container Public Company Limited (SMPC) | $13.94 Million | 0.00% | 61.69x | $51.62 Million |
| STP&I Public Company Limited (STPI) | $220.62 Million | 0.00% | 4.02x | $144.28 Million |