Kaset Thai International Sugar Corporation Public Company Limited
Kaset Thai International Sugar Corporation Public Company Limited, together with its subsidiaries, manufactures and distributes sugar in Thailand and internationally. It operates through Production and Distribution of Sugar; Production and Distribution of Pulp; Production and Distribution of Alcohol; and Production and Distribution of Electricity segments. The company offers raw, white, and refin… Read more
Kaset Thai International Sugar Corporation Public Company Limited (KTIS) - Net Assets
Latest net assets as of December 2025: ฿4.69 Billion THB
Based on the latest financial reports, Kaset Thai International Sugar Corporation Public Company Limited (KTIS) has net assets worth ฿4.69 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿13.10 Billion) and total liabilities (฿8.41 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 | ฿4.69 Billion |
| % of Total Assets | 35.79% |
| Annual Growth Rate | 1.64% |
| 5-Year Change | -26.17% |
| 10-Year Change | -32.25% |
| Growth Volatility | 65.51 |
Kaset Thai International Sugar Corporation Public Company Limited - Net Assets Trend (2011–2025)
This chart illustrates how Kaset Thai International Sugar Corporation 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 Kaset Thai International Sugar Corporation Public Company Limited (2011–2025)
The table below shows the annual net assets of Kaset Thai International Sugar Corporation Public Company Limited from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | ฿5.30 Billion | -21.71% |
| 2024-09-30 | ฿6.77 Billion | -13.98% |
| 2023-09-30 | ฿7.87 Billion | +31.64% |
| 2022-09-30 | ฿5.98 Billion | -16.72% |
| 2021-09-30 | ฿7.18 Billion | -14.27% |
| 2020-09-30 | ฿8.37 Billion | +0.36% |
| 2019-09-30 | ฿8.34 Billion | +1.81% |
| 2018-09-30 | ฿8.19 Billion | +1.01% |
| 2017-09-30 | ฿8.11 Billion | +3.72% |
| 2016-09-30 | ฿7.82 Billion | -10.02% |
| 2015-09-30 | ฿8.69 Billion | +1.40% |
| 2014-09-30 | ฿8.57 Billion | +221.93% |
| 2013-09-30 | ฿2.66 Billion | +84.86% |
| 2012-09-30 | ฿1.44 Billion | -65.89% |
| 2011-09-30 | ฿4.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kaset Thai International Sugar Corporation 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 298.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿6.07 Billion | 114.66% |
| Total Equity | ฿5.30 Billion | 100.00% |
Kaset Thai International Sugar Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Kaset Thai International Sugar Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Serviceware SE
F:SJJ
|
$51.33 Million |
|
Tradetool Auto Co Ltd
TWO:3685
|
$51.35 Million |
|
Tureks Turizm Tasimacilik AS
IS:TUREX
|
$51.35 Million |
|
Tscan Therapeutics Inc
NASDAQ:TCRX
|
$51.36 Million |
|
KMFG
PINK:KMFG
|
$51.30 Million |
|
ENTECH SE EO-2
F:0AS
|
$51.29 Million |
|
Mega Matrix Corp.
NYSE MKT:MPU
|
$51.27 Million |
|
Apex Science & Engineering Corp
TW:3052
|
$51.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kaset Thai International Sugar Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,768,741,589 to 5,298,192,952, a change of -1,470,548,637 (-21.7%).
- Net loss of 1,269,798,491 reduced equity.
- Dividend payments of 192,999,731 reduced retained earnings.
- Other comprehensive income decreased equity by 388,800,001.
- Other factors increased equity by 381,049,586.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-1.27 Billion | -23.97% |
| Dividends Paid | ฿193.00 Million | -3.64% |
| Other Comprehensive Income | ฿-388.80 Million | -7.34% |
| Other Changes | ฿381.05 Million | +7.19% |
| Total Change | ฿- | -21.73% |
Book Value vs Market Value Analysis
This analysis compares Kaset Thai International Sugar Corporation 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: 1.39x
- 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 5.12x to 1.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-09-30 | ฿0.37 | ฿1.91 | x |
| 2013-09-30 | ฿0.69 | ฿1.91 | x |
| 2014-09-30 | ฿2.33 | ฿1.91 | x |
| 2015-09-30 | ฿2.25 | ฿1.91 | x |
| 2016-09-30 | ฿2.03 | ฿1.91 | x |
| 2017-09-30 | ฿2.10 | ฿1.91 | x |
| 2018-09-30 | ฿2.12 | ฿1.91 | x |
| 2019-09-30 | ฿2.16 | ฿1.91 | x |
| 2020-09-30 | ฿2.17 | ฿1.91 | x |
| 2021-09-30 | ฿1.86 | ฿1.91 | x |
| 2022-09-30 | ฿1.55 | ฿1.91 | x |
| 2023-09-30 | ฿2.04 | ฿1.91 | x |
| 2024-09-30 | ฿1.76 | ฿1.91 | x |
| 2025-09-30 | ฿1.37 | ฿1.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kaset Thai International Sugar Corporation 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): -23.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.55%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 2.60x
- Recent ROE (-23.97%) is below the historical average (17.00%), 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 | 178.38% | 10.43% | 1.54x | 11.08x | ฿2.43 Billion |
| 2013 | 47.46% | 7.00% | 1.12x | 6.07x | ฿997.56 Million |
| 2014 | 15.93% | 6.79% | 1.08x | 2.18x | ฿508.51 Million |
| 2015 | 8.40% | 3.78% | 1.03x | 2.16x | ฿-139.30 Million |
| 2016 | -6.55% | -3.42% | 0.93x | 2.05x | ฿-1.29 Billion |
| 2017 | 7.96% | 3.68% | 0.98x | 2.20x | ฿-165.72 Million |
| 2018 | 10.24% | 3.54% | 1.29x | 2.24x | ฿19.62 Million |
| 2019 | 8.87% | 4.51% | 0.86x | 2.29x | ฿-94.13 Million |
| 2020 | 6.79% | 4.17% | 0.89x | 1.84x | ฿-268.55 Million |
| 2021 | -15.53% | -10.88% | 0.65x | 2.20x | ฿-1.83 Billion |
| 2022 | -14.42% | -6.35% | 0.89x | 2.54x | ฿-1.46 Billion |
| 2023 | 24.65% | 10.24% | 1.26x | 1.91x | ฿1.15 Billion |
| 2024 | -10.20% | -4.77% | 1.02x | 2.09x | ฿-1.37 Billion |
| 2025 | -23.97% | -8.55% | 1.08x | 2.60x | ฿-1.80 Billion |
Industry Comparison
This section compares Kaset Thai International Sugar Corporation Public Company Limited's net assets metrics with peer companies in the Confectioners industry.
Industry Context
- Industry: Confectioners
- Average net assets among peers: $8,473,442,722
- Average return on equity (ROE) among peers: 13.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kaset Thai International Sugar Corporation Public Company Limited (KTIS) | ฿4.69 Billion | 178.38% | 1.79x | $51.30 Million |
| Buriram Sugar Public Company Limited (BRR) | $2.50 Billion | 10.86% | 3.11x | $19.86 Million |
| Khonburi Sugar Public Company Limited (KBS) | $2.81 Billion | 25.84% | 0.54x | $36.35 Million |
| Khon Kaen Sugar Industry PCL (KSL) | $20.11 Billion | 3.06% | 1.06x | $45.37 Million |