Lohakit Metal Public Company Limited
Lohakit Metal Public Company Limited, together with its subsidiaries, engages in processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It operates in two segments, Production and Distribution, and Procurement and Distribution. The company offers austenitic, ferritic, brass and copper, aluminium, and special stainless-steel products; and cold and hot rol… Read more
Lohakit Metal Public Company Limited (LHK) - Net Assets
Latest net assets as of September 2025: ฿1.53 Billion THB
Based on the latest financial reports, Lohakit Metal Public Company Limited (LHK) has net assets worth ฿1.53 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.96 Billion) and total liabilities (฿425.43 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 | ฿1.53 Billion |
| % of Total Assets | 78.28% |
| Annual Growth Rate | 5.75% |
| 5-Year Change | -6.23% |
| 10-Year Change | -0.54% |
| Growth Volatility | 12.46 |
Lohakit Metal Public Company Limited - Net Assets Trend (2007–2025)
This chart illustrates how Lohakit Metal 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 Lohakit Metal Public Company Limited (2007–2025)
The table below shows the annual net assets of Lohakit Metal Public Company Limited from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ฿1.53 Billion | +1.47% |
| 2024-03-31 | ฿1.51 Billion | -1.12% |
| 2023-03-31 | ฿1.53 Billion | -8.17% |
| 2022-03-31 | ฿1.66 Billion | +1.78% |
| 2021-03-31 | ฿1.63 Billion | -0.19% |
| 2020-03-31 | ฿1.64 Billion | -1.88% |
| 2019-03-31 | ฿1.67 Billion | -1.08% |
| 2018-03-31 | ฿1.68 Billion | +4.24% |
| 2017-03-31 | ฿1.62 Billion | +5.02% |
| 2016-03-31 | ฿1.54 Billion | +1.22% |
| 2015-03-31 | ฿1.52 Billion | +4.70% |
| 2014-03-31 | ฿1.45 Billion | +6.74% |
| 2013-03-31 | ฿1.36 Billion | +37.56% |
| 2012-03-31 | ฿988.86 Million | +8.57% |
| 2011-03-31 | ฿910.78 Million | +20.84% |
| 2010-03-31 | ฿753.74 Million | +15.52% |
| 2009-03-31 | ฿652.47 Million | -11.90% |
| 2008-03-31 | ฿740.59 Million | +32.33% |
| 2007-03-31 | ฿559.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lohakit Metal 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 249.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿430.69 Million | 31.40% |
| Other Components | ฿940.97 Million | 68.60% |
| Total Equity | ฿1.37 Billion | 100.00% |
Lohakit Metal Public Company Limited Competitors by Market Cap
The table below lists competitors of Lohakit Metal Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai Sugar Terminal Public Company Limited
BK:TSTE
|
$15.33 Million |
|
Inoue Rubber (Thailand) Public Company Limited
BK:IRC
|
$15.33 Million |
|
LIVEWIRE GROUP DL-0001
F:P9N
|
$15.34 Million |
|
PT TBS Energi Utama Tbk
F:6AU
|
$15.35 Million |
|
CrowdWorks, Inc.
KQ:355390
|
$15.32 Million |
|
Mirae ING Co Ltd
KO:007120
|
$15.32 Million |
|
Reitar Logtech Holdings Limited Ordinary shares
NASDAQ:RITR
|
$15.32 Million |
|
Asphere Innovations Public Company Limited
BK:AS
|
$15.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lohakit Metal Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,353,947,131 to 1,371,658,597, a change of 17,711,466 (1.3%).
- Net income of 105,805,873 contributed positively to equity growth.
- Dividend payments of 127,930,303 reduced retained earnings.
- Other comprehensive income decreased equity by 38,300,000.
- Other factors increased equity by 78,135,896.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿105.81 Million | +7.71% |
| Dividends Paid | ฿127.93 Million | -9.33% |
| Other Comprehensive Income | ฿-38.30 Million | -2.79% |
| Other Changes | ฿78.14 Million | +5.7% |
| Total Change | ฿- | 1.31% |
Book Value vs Market Value Analysis
This analysis compares Lohakit Metal 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: 0.94x
- 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 1.44x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ฿2.33 | ฿3.36 | x |
| 2008-03-31 | ฿2.90 | ฿3.36 | x |
| 2009-03-31 | ฿2.04 | ฿3.36 | x |
| 2010-03-31 | ฿2.36 | ฿3.36 | x |
| 2011-03-31 | ฿2.61 | ฿3.36 | x |
| 2012-03-31 | ฿2.68 | ฿3.36 | x |
| 2013-03-31 | ฿3.60 | ฿3.36 | x |
| 2014-03-31 | ฿3.32 | ฿3.36 | x |
| 2015-03-31 | ฿3.47 | ฿3.36 | x |
| 2016-03-31 | ฿3.51 | ฿3.36 | x |
| 2017-03-31 | ฿3.70 | ฿3.36 | x |
| 2018-03-31 | ฿3.84 | ฿3.36 | x |
| 2019-03-31 | ฿3.77 | ฿3.36 | x |
| 2020-03-31 | ฿3.70 | ฿3.36 | x |
| 2021-03-31 | ฿3.75 | ฿3.36 | x |
| 2022-03-31 | ฿3.92 | ฿3.36 | x |
| 2023-03-31 | ฿3.56 | ฿3.36 | x |
| 2024-03-31 | ฿3.54 | ฿3.36 | x |
| 2025-03-31 | ฿3.58 | ฿3.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lohakit Metal 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): 7.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.93%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 1.54x
- Recent ROE (7.71%) is below the historical average (9.80%), 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 | 15.00% | 3.92% | 1.31x | 2.93x | ฿27.99 Million |
| 2008 | 10.85% | 3.08% | 1.63x | 2.16x | ฿6.30 Million |
| 2009 | -8.11% | -2.56% | 1.72x | 1.84x | ฿-118.17 Million |
| 2010 | 13.44% | 5.06% | 1.44x | 1.84x | ฿25.90 Million |
| 2011 | 16.47% | 5.76% | 1.62x | 1.77x | ฿54.63 Million |
| 2012 | 11.27% | 4.23% | 1.50x | 1.77x | ฿10.88 Million |
| 2013 | 13.20% | 5.44% | 1.19x | 2.04x | ฿38.12 Million |
| 2014 | 11.70% | 4.43% | 1.46x | 1.81x | ฿21.64 Million |
| 2015 | 9.94% | 3.91% | 1.41x | 1.80x | ฿-807.01K |
| 2016 | 7.27% | 3.08% | 1.43x | 1.65x | ฿-36.75 Million |
| 2017 | 12.47% | 5.52% | 1.41x | 1.60x | ฿35.00 Million |
| 2018 | 14.16% | 6.17% | 1.43x | 1.61x | ฿61.16 Million |
| 2019 | 9.93% | 4.36% | 1.40x | 1.62x | ฿-972.35K |
| 2020 | 6.14% | 3.15% | 1.30x | 1.50x | ฿-54.74 Million |
| 2021 | 7.07% | 4.55% | 1.06x | 1.46x | ฿-42.08 Million |
| 2022 | 14.08% | 7.67% | 1.19x | 1.54x | ฿61.36 Million |
| 2023 | 7.81% | 3.82% | 1.35x | 1.51x | ฿-29.92 Million |
| 2024 | 5.84% | 3.00% | 1.32x | 1.47x | ฿-56.39 Million |
| 2025 | 7.71% | 3.93% | 1.28x | 1.54x | ฿-31.36 Million |
Industry Comparison
This section compares Lohakit Metal Public Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $4,087,366,122
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lohakit Metal Public Company Limited (LHK) | ฿1.53 Billion | 15.00% | 0.28x | $15.32 Million |
| 2S Metal Public Company Limited (2S) | $2.01 Billion | 7.96% | 0.08x | $15.57 Million |
| Asia Metal Public Company Limited (AMC) | $1.74 Billion | -1.01% | 1.31x | $6.92 Million |
| Bangsaphan Barmill Public Company Limited (BSBM) | $1.77 Billion | -4.87% | 0.15x | $5.30 Million |
| Capital Engineering Network Public Company Limited (CEN) | $2.12 Billion | 6.05% | 0.11x | $5.35 Million |
| Chow Steel Industries Public Company Limited (CHOW) | $1.35 Billion | 2.41% | 8.79x | $8.20 Million |
| CSP Steel Center Public Company Limited (CSP) | $776.65 Million | 12.95% | 2.02x | $926.38K |
| G J Steel Public Company Limited (GJS) | $11.94 Billion | -0.06% | 0.49x | $33.84 Million |
| POSCO-Thainox Public Company Limited (INOX) | $11.31 Billion | 3.58% | 0.35x | $11.12 Million |
| M.C.S. Steel Public Company Limited (MCS) | $3.76 Billion | 4.37% | 0.40x | $112.11 Million |