Khon Kaen Sugar Industry PCL

BK:KSL Thailand Confectioners
Market Cap
$192.05 Million
฿6.66 Billion THB
Market Cap Rank
#21592 Global
#235 in Thailand
Share Price
฿1.51
Change (1 day)
+2.03%
52-Week Range
฿1.20 - ฿1.59
All Time High
฿6.40
Categories
Companies in Thailand Confectioners
About

Khon Kaen Sugar Industry Public Company Limited, together with its subsidiaries, manufactures and distributes sugar and molasses in Thailand, the Lao People's Democratic Republic, and the Kingdom of Cambodia. The company operates through Manufacture and Distribution of Sugar and Molasses; Manufacture and Sale of Electricity; Real Estate Rental, and Other segments. It also offers raw sugar, high-q… Read more

Khon Kaen Sugar Industry PCL (KSL) - Net Assets

Latest net assets as of October 2025: ฿22.04 Billion THB

Based on the latest financial reports, Khon Kaen Sugar Industry PCL (KSL) has net assets worth ฿22.04 Billion THB as of October 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿45.53 Billion) and total liabilities (฿23.49 Billion). 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 ฿22.04 Billion
% of Total Assets 48.41%
Annual Growth Rate 11.07%
5-Year Change 9.58%
10-Year Change 32.36%
Growth Volatility 39.41

Khon Kaen Sugar Industry PCL - Net Assets Trend (2003–2025)

This chart illustrates how Khon Kaen Sugar Industry PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Khon Kaen Sugar Industry PCL (2003–2025)

The table below shows the annual net assets of Khon Kaen Sugar Industry PCL from 2003 to 2025.

Year Net Assets Change
2025-10-31 ฿22.04 Billion -0.58%
2024-10-31 ฿22.17 Billion +2.73%
2023-10-31 ฿21.58 Billion +1.00%
2022-10-31 ฿21.36 Billion +6.22%
2021-10-31 ฿20.11 Billion +2.89%
2020-10-31 ฿19.55 Billion +2.76%
2019-10-31 ฿19.02 Billion +2.05%
2018-10-31 ฿18.64 Billion +3.02%
2017-10-31 ฿18.09 Billion +8.66%
2016-10-31 ฿16.65 Billion +7.50%
2015-10-31 ฿15.49 Billion +4.42%
2014-10-31 ฿14.83 Billion +4.83%
2013-10-31 ฿14.15 Billion +17.60%
2012-10-31 ฿12.03 Billion +3.27%
2011-10-31 ฿11.65 Billion +17.29%
2010-10-31 ฿9.93 Billion -8.81%
2009-10-31 ฿10.89 Billion +12.73%
2008-10-31 ฿9.66 Billion -0.04%
2007-10-31 ฿9.67 Billion +28.60%
2006-10-31 ฿7.52 Billion +3.85%
2005-10-31 ฿7.24 Billion +13.26%
2004-10-31 ฿6.39 Billion +192.00%
2003-10-31 ฿2.19 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Khon Kaen Sugar Industry PCL'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 3745.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (October 2025)

Component Amount Percentage
Retained Earnings ฿13.54 Billion 62.89%
Other Components ฿7.99 Billion 37.11%
Total Equity ฿21.52 Billion 100.00%

Khon Kaen Sugar Industry PCL Competitors by Market Cap

The table below lists competitors of Khon Kaen Sugar Industry PCL ranked by their market capitalization.

Company Market Cap
Airnet Technology Inc
NASDAQ:ANTE
 		$46.30 Million
Ion Electronic Materials Co., Ltd.
TWO:6959
 		$46.32 Million
IZEA Inc
NASDAQ:IZEA
 		$46.32 Million
AMIA Co. Ltd.
TW:8438
 		$46.32 Million
Selcuk Gida Endustri Ihracat Ithalat AS
IS:SELGD
 		$46.28 Million
Brisanet Participacoes SA
SA:BRIT3
 		$46.28 Million
Cygnus Metals Limited
OTCGREY:CYGGF
 		$46.27 Million
Burelle S.A.
LSE:0OG5
 		$46.27 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Khon Kaen Sugar Industry PCL's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 21,674,201,569 to 21,524,176,221, a change of -150,025,348 (-0.7%).
  • Net loss of 660,422,831 reduced equity.
  • Dividend payments of 220,510,503 reduced retained earnings.
  • Other comprehensive income decreased equity by 220,512,200.
  • Other factors increased equity by 951,420,186.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿-660.42 Million -3.07%
Dividends Paid ฿220.51 Million -1.02%
Other Comprehensive Income ฿-220.51 Million -1.02%
Other Changes ฿951.42 Million +4.42%
Total Change ฿- -0.69%

Book Value vs Market Value Analysis

This analysis compares Khon Kaen Sugar Industry PCL'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: 0.31x
  • 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 0.71x to 0.31x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-10-31 ฿2.13 ฿1.51 x
2005-10-31 ฿1.91 ฿1.51 x
2006-10-31 ฿1.88 ฿1.51 x
2007-10-31 ฿2.42 ฿1.51 x
2008-10-31 ฿2.42 ฿1.51 x
2009-10-31 ฿2.58 ฿1.51 x
2010-10-31 ฿2.38 ฿1.51 x
2011-10-31 ฿2.82 ฿1.51 x
2012-10-31 ฿2.92 ฿1.51 x
2013-10-31 ฿3.31 ฿1.51 x
2014-10-31 ฿2.91 ฿1.51 x
2015-10-31 ฿3.04 ฿1.51 x
2016-10-31 ฿3.67 ฿1.51 x
2017-10-31 ฿4.00 ฿1.51 x
2018-10-31 ฿4.13 ฿1.51 x
2019-10-31 ฿4.22 ฿1.51 x
2020-10-31 ฿4.31 ฿1.51 x
2021-10-31 ฿4.44 ฿1.51 x
2022-10-31 ฿4.74 ฿1.51 x
2023-10-31 ฿4.78 ฿1.51 x
2024-10-31 ฿4.91 ฿1.51 x
2025-10-31 ฿4.88 ฿1.51 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Khon Kaen Sugar Industry PCL 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): -3.07%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4.15%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 2.12x
  • Recent ROE (-3.07%) is below the historical average (8.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 10.50% 5.69% 1.06x 1.74x ฿9.77 Million
2004 11.17% 9.79% 0.76x 1.50x ฿62.05 Million
2005 8.06% 8.95% 0.64x 1.40x ฿-119.17 Million
2006 10.59% 10.45% 0.60x 1.69x ฿37.54 Million
2007 10.14% 9.15% 0.65x 1.70x ฿11.21 Million
2008 10.42% 7.57% 0.82x 1.68x ฿34.87 Million
2009 10.25% 7.71% 0.57x 2.34x ฿22.29 Million
2010 1.93% 1.31% 0.52x 2.82x ฿-662.40 Million
2011 19.36% 11.48% 0.63x 2.69x ฿913.62 Million
2012 22.90% 10.60% 0.75x 2.88x ฿1.33 Billion
2013 13.73% 8.77% 0.53x 2.98x ฿451.18 Million
2014 12.69% 8.48% 0.48x 3.13x ฿345.01 Million
2015 6.08% 4.32% 0.47x 3.00x ฿-525.55 Million
2016 8.82% 8.43% 0.44x 2.37x ฿-190.46 Million
2017 11.16% 12.61% 0.36x 2.44x ฿205.40 Million
2018 4.66% 4.65% 0.40x 2.50x ฿-972.97 Million
2019 4.42% 4.58% 0.41x 2.37x ฿-1.04 Billion
2020 -0.51% -0.82% 0.29x 2.16x ฿-2.00 Billion
2021 3.14% 5.88% 0.25x 2.12x ฿-1.34 Billion
2022 6.32% 8.09% 0.39x 1.99x ฿-767.81 Million
2023 4.28% 4.90% 0.46x 1.89x ฿-1.21 Billion
2024 4.23% 5.58% 0.38x 2.01x ฿-1.25 Billion
2025 -3.07% -4.15% 0.35x 2.12x ฿-2.81 Billion

Industry Comparison

This section compares Khon Kaen Sugar Industry PCL's net assets metrics with peer companies in the Confectioners industry.

Industry Context

  • Industry: Confectioners
  • Average net assets among peers: $4,392,356,176
  • Average return on equity (ROE) among peers: 20.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Khon Kaen Sugar Industry PCL (KSL) ฿22.04 Billion 10.50% 1.07x $46.29 Million
Buriram Sugar Public Company Limited (BRR) $2.50 Billion 10.86% 3.11x $19.75 Million
Khonburi Sugar Public Company Limited (KBS) $2.81 Billion 25.84% 0.54x $37.00 Million
Kaset Thai International Sugar Corporation Public Company Limited (KTIS) $7.87 Billion 24.65% 0.91x $51.30 Million