SAAM Energy Development Public Company Limited
SAAM Development Public Company Limited, together with its subsidiaries, engages in the development and sale of renewable energy power plants in Thailand. It operates through Development Service; and Distribution of Electricity segments. The company also produces and distributes electricity from solar energy; and develops and manages solar energy projects. In addition, it procures project land; p… Read more
SAAM Energy Development Public Company Limited (SAAM) - Net Assets
Latest net assets as of September 2025: ฿504.60 Million THB
Based on the latest financial reports, SAAM Energy Development Public Company Limited (SAAM) has net assets worth ฿504.60 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 (฿582.41 Million) and total liabilities (฿77.82 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 | ฿504.60 Million |
| % of Total Assets | 86.64% |
| Annual Growth Rate | 54.99% |
| 5-Year Change | 43.13% |
| 10-Year Change | 240.03% |
| Growth Volatility | 671.5 |
SAAM Energy Development Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how SAAM Energy Development 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 SAAM Energy Development Public Company Limited (2014–2024)
The table below shows the annual net assets of SAAM Energy Development Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿419.27 Million | +1.67% |
| 2023-12-31 | ฿412.40 Million | +11.88% |
| 2022-12-31 | ฿368.60 Million | +20.54% |
| 2021-12-31 | ฿305.79 Million | +4.39% |
| 2020-12-31 | ฿292.92 Million | +0.99% |
| 2019-12-31 | ฿290.04 Million | -2.34% |
| 2018-12-31 | ฿296.99 Million | +83.11% |
| 2017-12-31 | ฿162.20 Million | +11.00% |
| 2016-12-31 | ฿146.13 Million | +18.51% |
| 2015-12-31 | ฿123.30 Million | +2253.62% |
| 2014-12-31 | ฿5.24 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SAAM Energy Development 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 67005.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿160.29 Million | 38.23% |
| Other Components | ฿258.98 Million | 61.77% |
| Total Equity | ฿419.27 Million | 100.00% |
SAAM Energy Development Public Company Limited Competitors by Market Cap
The table below lists competitors of SAAM Energy Development Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BEGHELLI S.P.A. EO -05
F:BGQ
|
$16.69 Million |
|
Rocketboots Ltd
AU:ROC
|
$16.69 Million |
|
Madras Fertilizers Limited
NSE:MADRASFERT
|
$16.69 Million |
|
Eutilex.Co.Ltd
KQ:263050
|
$16.69 Million |
|
BRIOSCHI (BFX.SG)
STU:BFX
|
$16.68 Million |
|
Good Way Technology Co Ltd
TWO:3272
|
$16.67 Million |
|
T Scientific Co.Ltd
KQ:057680
|
$16.66 Million |
|
OpenSys M Bhd
KLSE:0040
|
$16.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SAAM Energy Development Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 412,399,128 to 419,267,384, a change of 6,868,256 (1.7%).
- Net income of 14,453,645 contributed positively to equity growth.
- Dividend payments of 9,000,185 reduced retained earnings.
- Other comprehensive income decreased equity by 1,075,777.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿14.45 Million | +3.45% |
| Dividends Paid | ฿9.00 Million | -2.15% |
| Other Comprehensive Income | ฿-1.08 Million | -0.26% |
| Other Changes | ฿2.49 Million | +0.59% |
| Total Change | ฿- | 1.67% |
Book Value vs Market Value Analysis
This analysis compares SAAM Energy Development 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: 3.58x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 286.32x to 3.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.02 | ฿5.00 | x |
| 2015-12-31 | ฿0.41 | ฿5.00 | x |
| 2016-12-31 | ฿0.49 | ฿5.00 | x |
| 2017-12-31 | ฿0.74 | ฿5.00 | x |
| 2018-12-31 | ฿1.34 | ฿5.00 | x |
| 2019-12-31 | ฿0.97 | ฿5.00 | x |
| 2020-12-31 | ฿0.98 | ฿5.00 | x |
| 2021-12-31 | ฿1.02 | ฿5.00 | x |
| 2022-12-31 | ฿1.23 | ฿5.00 | x |
| 2023-12-31 | ฿1.37 | ฿5.00 | x |
| 2024-12-31 | ฿1.40 | ฿5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SAAM Energy Development 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): 3.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.33%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 1.20x
- Recent ROE (3.45%) is below the historical average (10.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 16.79% | 15.08% | 0.32x | 3.43x | ฿355.52K |
| 2015 | 3.33% | 13.30% | 0.10x | 2.59x | ฿-8.23 Million |
| 2016 | 21.11% | 42.52% | 0.23x | 2.13x | ฿16.23 Million |
| 2017 | 11.82% | 26.70% | 0.24x | 1.86x | ฿2.96 Million |
| 2018 | 5.19% | 21.59% | 0.16x | 1.50x | ฿-14.29 Million |
| 2019 | 5.70% | 23.04% | 0.18x | 1.38x | ฿-12.49 Million |
| 2020 | 8.27% | 33.73% | 0.18x | 1.40x | ฿-5.06 Million |
| 2021 | 9.06% | 38.58% | 0.17x | 1.40x | ฿-2.88 Million |
| 2022 | 19.61% | 97.98% | 0.14x | 1.39x | ฿35.42 Million |
| 2023 | 14.93% | 52.51% | 0.23x | 1.23x | ฿20.32 Million |
| 2024 | 3.45% | 20.33% | 0.14x | 1.20x | ฿-27.47 Million |
Industry Comparison
This section compares SAAM Energy Development Public Company Limited's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $7,074,167,484
- Average return on equity (ROE) among peers: 6.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SAAM Energy Development Public Company Limited (SAAM) | ฿504.60 Million | 16.79% | 0.15x | $16.68 Million |
| Asia Biomass Public Company Limited (ABM) | $142.62 Million | -4.32% | 3.60x | $1.48 Million |
| Absolute Clean Energy PCL (ACE) | $14.18 Billion | 9.04% | 0.41x | $77.52 Million |
| ABSOLUTE CLEAN ENERGY (ACE-R) | $276.78 Million | -1.23% | 37.38x | $79.91 Million |
| BBGI PCL (BBGI) | $6.50 Billion | 12.99% | 0.96x | $41.12 Million |
| BCPG Public Company Limited (BCPG) | $27.23 Billion | 7.39% | 1.16x | $229.34 Million |
| Clover Power PCL (CV) | $590.77 Million | 33.82% | 2.29x | $553.20K |
| Energy Absolute Public Company Limited (EA) | $19.52 Billion | 25.49% | 2.03x | $424.82 Million |
| Earth Tech Environment Public Company Limited (ETC) | $222.14 Million | -9.24% | 1.12x | $13.55 Million |
| Green Resources Public Company Limited (GREEN) | $767.18 Million | -4.00% | 0.36x | $7.02 Million |
| Meta Corporation Public Company Limited (META) | $1.31 Billion | -8.12% | 0.39x | $2.59 Million |