Megachem (Thailand) Public Company Limited (MGT) - Net Assets

Latest as of September 2025: ฿794.04 Million THB ≈ $24.75 Million USD

Based on the latest financial reports, Megachem (Thailand) Public Company Limited (MGT) has net assets worth ฿794.04 Million THB (≈ $24.75 Million USD) 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 ≈ $35.04 Million USD) and total liabilities (฿330.14 Million ≈ $10.29 Million USD). 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. Check financial resilience of Megachem (Thailand) Public Company Limit to evaluate the company's liquid asset resilience ratio.

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. Also explore MGT current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Megachem (Thailand) Public Company Limit (MGT) market capitalisation.

Year	Net Assets	Change
2024-12-31	฿770.51 Million ≈ $24.02 Million	+8.16%
2023-12-31	฿712.36 Million ≈ $22.20 Million	+6.80%
2022-12-31	฿667.02 Million ≈ $20.79 Million	+2.98%
2021-12-31	฿647.71 Million ≈ $20.19 Million	+26.08%
2020-12-31	฿513.75 Million ≈ $16.01 Million	+17.36%
2019-12-31	฿437.74 Million ≈ $13.64 Million	+7.08%
2018-12-31	฿408.81 Million ≈ $12.74 Million	+10.10%
2017-12-31	฿371.29 Million ≈ $11.57 Million	+127.96%
2016-12-31	฿162.88 Million ≈ $5.08 Million	-40.14%
2015-12-31	฿272.10 Million ≈ $8.48 Million	-21.66%
2014-12-31	฿347.32 Million ≈ $10.83 Million	+0.51%
2013-12-31	฿345.58 Million ≈ $10.77 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
Hermana Holding ASA OL:HERMA	$24.44 Million
Satcom Systems Ltd TA:STCM	$24.44 Million
Natural Health Trend NASDAQ:NHTC	$24.45 Million
Viking Kagit ve Seluloz AS IS:VKING	$24.46 Million
Fine DNC Co. Ltd KQ:049120	$24.43 Million
Cleanspace Holdings Ltd AU:CSX	$24.42 Million
SCGM Bhd KLSE:7247	$24.41 Million
Tevogen Bio Holdings Inc NASDAQ:TVGN	$24.40 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: 1.20x
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 1.20x 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	฿1.96	x
2014-12-31	฿0.04	฿1.96	x
2015-12-31	฿0.03	฿1.96	x
2016-12-31	฿0.78	฿1.96	x
2017-12-31	฿0.96	฿1.96	x
2018-12-31	฿0.94	฿1.96	x
2019-12-31	฿1.01	฿1.96	x
2020-12-31	฿1.19	฿1.96	x
2021-12-31	฿1.35	฿1.96	x
2022-12-31	฿1.41	฿1.96	x
2023-12-31	฿1.51	฿1.96	x
2024-12-31	฿1.63	฿1.96	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: $3,518,089,451
Average return on equity (ROE) among peers: 8.69%

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	$24.44 Million
Salee Colour Public Company Limited (COLOR)	$221.85 Million	-0.23%	4.13x	$18.91 Million
Dimet (Siam) Public Company Limited (DIMET)	$361.15 Million	-25.12%	0.18x	$5.03 Million
Eason & Co Public Company Limited (EASON)	$202.34 Million	24.38%	1.14x	$18.12 Million
Eastern Polymer Group Public Company Limited (EPG)	$8.20 Billion	7.67%	0.46x	$308.95 Million
Global Connections Public Company Limited (GC)	$388.80 Million	12.24%	2.01x	$60.62 Million
Polyplex (Thailand) Public Company Limited (PTL)	$11.61 Billion	20.02%	0.37x	$274.91 Million
Polyplex (Thailand) Public Company Limited (PTL-R)	$9.67 Billion	14.14%	0.49x	$276.31 Million
Salee Industry Public Company Limited (SALEE)	$650.26 Million	14.35%	0.37x	$18.01 Million
Selic Corp Public Company Limited (SELIC)	$361.47 Million	10.80%	0.35x	$49.89 Million

About Megachem (Thailand) Public Company Limited

BK:MGT Thailand Specialty Chemicals

Market Cap

$24.44 Million

฿784.00 Million THB

Market Cap Rank

#24400 Global

#461 in Thailand

Share Price

฿1.96

Change (1 day)

-0.51%

52-Week Range

฿1.39 - ฿2.04

All Time High

฿7.08