Lam Soon (Thailand) Public Company Limited
Lam Soon (Thailand) Public Company Limited manufactures and distributes palm oil in Thailand and internationally. The company offers cooking oil, margarine and shortening, and specialty vegetable fat products; chocolate, pastry, organic rice, and flour products; seasoning and sauce products; salted and unsalted butter blends; and wheat spaghetti, macaroni, fusilli, and penne products. It also eng… Read more
Lam Soon (Thailand) Public Company Limited (LST) - Net Assets
Latest net assets as of September 2025: ฿5.96 Billion THB
Based on the latest financial reports, Lam Soon (Thailand) Public Company Limited (LST) has net assets worth ฿5.96 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 (฿8.58 Billion) and total liabilities (฿2.62 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 | ฿5.96 Billion |
| % of Total Assets | 69.45% |
| Annual Growth Rate | 6.65% |
| 5-Year Change | 33.37% |
| 10-Year Change | 77.46% |
| Growth Volatility | 5.74 |
Lam Soon (Thailand) Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Lam Soon (Thailand) 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 Lam Soon (Thailand) Public Company Limited (2000–2024)
The table below shows the annual net assets of Lam Soon (Thailand) Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿5.72 Billion | +6.20% |
| 2023-12-31 | ฿5.39 Billion | +7.29% |
| 2022-12-31 | ฿5.02 Billion | +6.05% |
| 2021-12-31 | ฿4.73 Billion | +10.37% |
| 2020-12-31 | ฿4.29 Billion | +1.98% |
| 2019-12-31 | ฿4.21 Billion | +6.18% |
| 2018-12-31 | ฿3.96 Billion | +6.19% |
| 2017-12-31 | ฿3.73 Billion | +6.80% |
| 2016-12-31 | ฿3.49 Billion | +8.35% |
| 2015-12-31 | ฿3.22 Billion | +4.18% |
| 2014-12-31 | ฿3.09 Billion | +8.49% |
| 2013-12-31 | ฿2.85 Billion | +5.09% |
| 2012-12-31 | ฿2.71 Billion | +8.19% |
| 2011-12-31 | ฿2.51 Billion | +3.42% |
| 2010-12-31 | ฿2.43 Billion | -0.79% |
| 2009-12-31 | ฿2.44 Billion | +7.62% |
| 2008-12-31 | ฿2.27 Billion | +14.80% |
| 2007-12-31 | ฿1.98 Billion | +1.39% |
| 2006-12-31 | ฿1.95 Billion | +12.93% |
| 2005-12-31 | ฿1.73 Billion | +10.01% |
| 2004-12-31 | ฿1.57 Billion | +3.98% |
| 2003-12-31 | ฿1.51 Billion | +26.59% |
| 2002-12-31 | ฿1.19 Billion | -0.08% |
| 2001-12-31 | ฿1.19 Billion | -2.11% |
| 2000-12-31 | ฿1.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lam Soon (Thailand) 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 3079.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿3.99 Billion | 76.63% |
| Common Stock | ฿820.00 Million | 15.76% |
| Other Comprehensive Income | ฿155.36 Million | 2.99% |
| Other Components | ฿240.65 Million | 4.63% |
| Total Equity | ฿5.20 Billion | 100.00% |
Lam Soon (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Lam Soon (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKM Egg Products Export (India) Limited
NSE:SKMEGGPROD
|
$33.09 Million |
|
Tiong Nam Logistics Holdings Bhd
KLSE:8397
|
$33.11 Million |
|
Polski Holding Nieruchomości SA
WAR:PHN
|
$33.12 Million |
|
Mayur Resources Ltd
AU:MRL
|
$33.12 Million |
|
ATM Grupa S.A.
WAR:ATG
|
$33.05 Million |
|
Vow ASA
PINK:SSHPF
|
$33.04 Million |
|
FibroGen Inc
NASDAQ:FGEN
|
$33.04 Million |
|
Escar Turizm Tasimacilik Ticaret AS
IS:ESCAR
|
$33.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lam Soon (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,890,931,137 to 5,202,882,552, a change of 311,951,415 (6.4%).
- Net income of 516,632,116 contributed positively to equity growth.
- Dividend payments of 234,917,285 reduced retained earnings.
- Other comprehensive income increased equity by 10,678,049.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿516.63 Million | +9.93% |
| Dividends Paid | ฿234.92 Million | -4.52% |
| Other Comprehensive Income | ฿10.68 Million | +0.21% |
| Other Changes | ฿19.56 Million | +0.38% |
| Total Change | ฿- | 6.38% |
Book Value vs Market Value Analysis
This analysis compares Lam Soon (Thailand) 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: 0.72x
- 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 2.25x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ฿2.05 | ฿4.60 | x |
| 2004-12-31 | ฿1.71 | ฿4.60 | x |
| 2005-12-31 | ฿1.85 | ฿4.60 | x |
| 2006-12-31 | ฿2.00 | ฿4.60 | x |
| 2007-12-31 | ฿2.01 | ฿4.60 | x |
| 2008-12-31 | ฿2.35 | ฿4.60 | x |
| 2009-12-31 | ฿2.59 | ฿4.60 | x |
| 2010-12-31 | ฿2.59 | ฿4.60 | x |
| 2011-12-31 | ฿2.66 | ฿4.60 | x |
| 2012-12-31 | ฿2.92 | ฿4.60 | x |
| 2013-12-31 | ฿3.07 | ฿4.60 | x |
| 2014-12-31 | ฿3.36 | ฿4.60 | x |
| 2015-12-31 | ฿3.53 | ฿4.60 | x |
| 2016-12-31 | ฿3.82 | ฿4.60 | x |
| 2017-12-31 | ฿4.14 | ฿4.60 | x |
| 2018-12-31 | ฿4.42 | ฿4.60 | x |
| 2019-12-31 | ฿4.74 | ฿4.60 | x |
| 2020-12-31 | ฿4.80 | ฿4.60 | x |
| 2021-12-31 | ฿5.25 | ฿4.60 | x |
| 2022-12-31 | ฿5.54 | ฿4.60 | x |
| 2023-12-31 | ฿5.96 | ฿4.60 | x |
| 2024-12-31 | ฿6.34 | ฿4.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lam Soon (Thailand) 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): 9.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.46%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 1.50x
- Recent ROE (9.93%) is below the historical average (11.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.57% | 5.29% | 1.71x | 1.17x | ฿6.94 Million |
| 2001 | 11.08% | 5.42% | 1.69x | 1.21x | ฿12.86 Million |
| 2002 | 10.53% | 4.77% | 1.73x | 1.27x | ฿6.37 Million |
| 2003 | 14.36% | 6.15% | 1.57x | 1.49x | ฿65.83 Million |
| 2004 | 10.65% | 2.61% | 1.38x | 2.95x | ฿8.16 Million |
| 2005 | 3.84% | 1.05% | 1.54x | 2.37x | ฿-86.60 Million |
| 2006 | 14.02% | 4.26% | 1.51x | 2.18x | ฿65.61 Million |
| 2007 | 10.95% | 2.71% | 1.54x | 2.62x | ฿15.69 Million |
| 2008 | 23.87% | 4.78% | 2.06x | 2.42x | ฿266.76 Million |
| 2009 | 16.87% | 5.17% | 1.45x | 2.26x | ฿145.98 Million |
| 2010 | 9.36% | 2.66% | 1.55x | 2.27x | ฿-13.56 Million |
| 2011 | 7.71% | 1.89% | 1.57x | 2.60x | ฿-49.88 Million |
| 2012 | 11.59% | 3.65% | 1.47x | 2.16x | ฿38.16 Million |
| 2013 | 9.93% | 3.41% | 1.42x | 2.05x | ฿-1.66 Million |
| 2014 | 13.82% | 4.50% | 1.65x | 1.86x | ฿105.28 Million |
| 2015 | 10.77% | 3.80% | 1.40x | 2.03x | ฿22.14 Million |
| 2016 | 10.55% | 4.00% | 1.39x | 1.90x | ฿17.22 Million |
| 2017 | 11.91% | 4.73% | 1.42x | 1.78x | ฿64.75 Million |
| 2018 | 10.52% | 5.23% | 1.42x | 1.42x | ฿18.87 Million |
| 2019 | 12.41% | 7.53% | 1.19x | 1.39x | ฿93.72 Million |
| 2020 | 9.74% | 5.69% | 1.18x | 1.45x | ฿-10.25 Million |
| 2021 | 12.97% | 5.87% | 1.48x | 1.49x | ฿127.84 Million |
| 2022 | 9.52% | 3.76% | 1.65x | 1.53x | ฿-21.73 Million |
| 2023 | 10.51% | 4.77% | 1.53x | 1.44x | ฿25.18 Million |
| 2024 | 9.93% | 4.46% | 1.48x | 1.50x | ฿-3.66 Million |
Industry Comparison
This section compares Lam Soon (Thailand) Public Company Limited's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,998,464,212
- Average return on equity (ROE) among peers: 3.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lam Soon (Thailand) Public Company Limited (LST) | ฿5.96 Billion | 10.57% | 0.44x | $33.07 Million |
| Ai Energy Public Company Limited (AIE) | $1.84 Billion | -3.93% | 0.07x | $14.62 Million |
| Agripure Holdings Public Company Limited (APURE) | $2.61 Billion | 10.67% | 0.16x | $10.13 Million |
| Bangkok Ranch PCL (BR) | $4.74 Billion | 2.56% | 1.22x | $25.27 Million |
| Betagro PCL (BTG) | $16.00 Billion | -6.68% | 1.82x | $368.54 Million |
| CHUWIT FARM (2019) PUBLIC COMPANY LIMITED (CFARM) | $425.82 Million | 5.16% | 0.81x | $3.25 Million |
| Chumporn Palm Oil Industry Public Company Limited (CPI) | $2.89 Billion | 11.09% | 0.38x | $27.76 Million |
| Food Moments PCL (FM) | $2.07 Billion | 12.23% | 0.67x | $40.04 Million |
| PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) | $3.37 Billion | -4.59% | 0.97x | $47.27 Million |
| Premier Quality Starch PCL (PQS) | $2.03 Billion | 6.68% | 0.23x | $9.66 Million |