Megachem (Thailand) Public Company Limited
Megachem (Thailand) Public Company Limited, together with its subsidiaries, engages in the distribution of specialty chemicals in Thailand. The company offers chemical for various applications, including adhesive, cleaning, construction, cosmetics, lubricants, paint, brake pad, oil and gas, paper, food and beverage, polyurethane, ink, polymerization, plastic, pharmaceutical, textile, rubber, meta… Read more
Megachem (Thailand) Public Company Limited (MGT) - Net Assets
Latest net assets as of September 2025: ฿794.04 Million THB
Based on the latest financial reports, Megachem (Thailand) Public Company Limited (MGT) has net assets worth ฿794.04 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 (฿1.12 Billion) and total liabilities (฿330.14 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 | ฿794.04 Million |
| % of Total Assets | 70.63% |
| Annual Growth Rate | 7.56% |
| 5-Year Change | 49.98% |
| 10-Year Change | 183.18% |
| Growth Volatility | 40.22 |
Megachem (Thailand) Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Megachem (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 Megachem (Thailand) Public Company Limited (2013–2024)
The table below shows the annual net assets of Megachem (Thailand) Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿770.51 Million | +8.16% |
| 2023-12-31 | ฿712.36 Million | +6.80% |
| 2022-12-31 | ฿667.02 Million | +2.98% |
| 2021-12-31 | ฿647.71 Million | +26.08% |
| 2020-12-31 | ฿513.75 Million | +17.36% |
| 2019-12-31 | ฿437.74 Million | +7.08% |
| 2018-12-31 | ฿408.81 Million | +10.10% |
| 2017-12-31 | ฿371.29 Million | +127.96% |
| 2016-12-31 | ฿162.88 Million | -40.14% |
| 2015-12-31 | ฿272.10 Million | -21.66% |
| 2014-12-31 | ฿347.32 Million | +0.51% |
| 2013-12-31 | ฿345.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Megachem (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 decreased by 9.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿296.91 Million | 45.43% |
| Common Stock | ฿200.00 Million | 30.60% |
| Other Comprehensive Income | ฿20.00 Million | 3.06% |
| Other Components | ฿136.58 Million | 20.90% |
| Total Equity | ฿653.49 Million | 100.00% |
Megachem (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Megachem (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lanthanein Resources Ltd
AU:LNR
|
$4.84 Million |
|
RealTech AG
XETRA:RTC
|
$4.84 Million |
|
Si6 Metals Ltd
AU:SI6
|
$4.84 Million |
|
Silver Bull Resources Inc
OTCQB:SVBL
|
$4.84 Million |
|
Redcastle Resources Ltd
AU:RC1
|
$4.84 Million |
|
Xref Ltd
AU:XF1
|
$4.84 Million |
|
Readcloud Ltd
AU:RCL
|
$4.83 Million |
|
Sun International Ltd
JSE:SUI
|
$4.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Megachem (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 602,645,272 to 653,492,937, a change of 50,847,665 (8.4%).
- Net income of 90,856,369 contributed positively to equity growth.
- Dividend payments of 39,993,246 reduced retained earnings.
- Other comprehensive income decreased equity by 2,507,920.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿90.86 Million | +13.9% |
| Dividends Paid | ฿39.99 Million | -6.12% |
| Other Comprehensive Income | ฿-2.51 Million | -0.38% |
| Other Changes | ฿2.49 Million | +0.38% |
| Total Change | ฿- | 8.44% |
Book Value vs Market Value Analysis
This analysis compares Megachem (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: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.05x to 1.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿40.62 | ฿1.84 | x |
| 2014-12-31 | ฿0.04 | ฿1.84 | x |
| 2015-12-31 | ฿0.03 | ฿1.84 | x |
| 2016-12-31 | ฿0.78 | ฿1.84 | x |
| 2017-12-31 | ฿0.96 | ฿1.84 | x |
| 2018-12-31 | ฿0.94 | ฿1.84 | x |
| 2019-12-31 | ฿1.01 | ฿1.84 | x |
| 2020-12-31 | ฿1.19 | ฿1.84 | x |
| 2021-12-31 | ฿1.35 | ฿1.84 | x |
| 2022-12-31 | ฿1.41 | ฿1.84 | x |
| 2023-12-31 | ฿1.51 | ฿1.84 | x |
| 2024-12-31 | ฿1.63 | ฿1.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Megachem (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): 13.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.47%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.67x
- Recent ROE (13.90%) is below the historical average (17.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 26.78% | 11.67% | 1.72x | 1.34x | ฿55.72 Million |
| 2014 | 16.03% | 9.14% | 1.36x | 1.29x | ฿20.94 Million |
| 2015 | 16.45% | 8.43% | 1.46x | 1.33x | ฿17.54 Million |
| 2016 | 19.99% | 5.80% | 1.81x | 1.91x | ฿16.28 Million |
| 2017 | 12.74% | 8.17% | 1.33x | 1.17x | ฿10.19 Million |
| 2018 | 13.07% | 7.46% | 1.27x | 1.38x | ฿11.54 Million |
| 2019 | 17.73% | 10.68% | 1.34x | 1.24x | ฿31.18 Million |
| 2020 | 20.97% | 13.33% | 1.28x | 1.23x | ฿52.14 Million |
| 2021 | 19.47% | 11.17% | 1.10x | 1.58x | ฿51.19 Million |
| 2022 | 14.61% | 7.78% | 1.27x | 1.48x | ฿25.95 Million |
| 2023 | 13.68% | 8.49% | 1.02x | 1.58x | ฿22.19 Million |
| 2024 | 13.90% | 8.47% | 0.99x | 1.67x | ฿25.51 Million |
Industry Comparison
This section compares Megachem (Thailand) Public Company Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,670,174,555
- Average return on equity (ROE) among peers: 8.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Megachem (Thailand) Public Company Limited (MGT) | ฿794.04 Million | 26.78% | 0.42x | $4.84 Million |
| Applied DB Public Company Limited (ADB) | $647.79 Million | 4.28% | 0.42x | $2.41 Million |
| Birla Carbon (Thailand) Public Company Limited (BCT) | $9.29 Billion | 8.68% | 0.88x | $87.76 Million |
| Bio Green Energy Tech PCL (BIOTEC) | $1.18 Billion | -10.27% | 1.57x | $7.06 Million |
| Chememan Public Company Limited (CMAN) | $2.55 Billion | 9.88% | 1.54x | $29.85 Million |
| Salee Colour Public Company Limited (COLOR) | $738.46 Million | 3.24% | 0.77x | $7.47 Million |
| Dimet (Siam) Public Company Limited (DIMET) | $135.26 Million | 1.00% | 0.67x | $2.49 Million |
| Delta Paint PCL (DPAINT) | $205.16 Million | 20.91% | 2.26x | $154.45K |
| Eason & Co Public Company Limited (EASON) | $553.06 Million | 9.23% | 0.29x | $7.50 Million |
| Eastern Polymer Group Public Company Limited (EPG) | $11.04 Billion | 11.04% | 0.40x | $69.91 Million |
| Global Connections Public Company Limited (GC) | $366.31 Million | 29.61% | 1.58x | $20.11 Million |