Sabina Public Company Limited (SABINA) - Net Assets
Based on the latest financial reports, Sabina Public Company Limited (SABINA) has net assets worth ฿1.84 Billion THB (≈ $57.35 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.40 Billion ≈ $74.72 Million USD) and total liabilities (฿557.48 Million ≈ $17.38 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 SABINA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.84 Billion |
| % of Total Assets | 76.75% |
| Annual Growth Rate | 5.51% |
| 5-Year Change | 0.58% |
| 10-Year Change | 4.89% |
| Growth Volatility | 62.09 |
Sabina Public Company Limited - Net Assets Trend (2006–2025)
This chart illustrates how Sabina Public Company Limited's net assets have evolved over time, based on quarterly financial data. See SABINA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sabina Public Company Limited (2006–2025)
The table below shows the annual net assets of Sabina Public Company Limited from 2006 to 2025. For live valuation and market cap data, see Sabina Public Company Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.84 Billion ≈ $57.35 Million |
-0.23% |
| 2024-12-31 | ฿1.84 Billion ≈ $57.48 Million |
-1.66% |
| 2023-12-31 | ฿1.88 Billion ≈ $58.45 Million |
+0.37% |
| 2022-12-31 | ฿1.87 Billion ≈ $58.24 Million |
+2.14% |
| 2021-12-31 | ฿1.83 Billion ≈ $57.02 Million |
+1.90% |
| 2020-12-31 | ฿1.80 Billion ≈ $55.95 Million |
-3.54% |
| 2019-12-31 | ฿1.86 Billion ≈ $58.00 Million |
+1.39% |
| 2018-12-31 | ฿1.84 Billion ≈ $57.21 Million |
-3.16% |
| 2017-12-31 | ฿1.90 Billion ≈ $59.08 Million |
+8.05% |
| 2016-12-31 | ฿1.75 Billion ≈ $54.68 Million |
+5.45% |
| 2015-12-31 | ฿1.66 Billion ≈ $51.85 Million |
+6.21% |
| 2014-12-31 | ฿1.57 Billion ≈ $48.82 Million |
+6.38% |
| 2013-12-31 | ฿1.47 Billion ≈ $45.89 Million |
+12.87% |
| 2012-12-31 | ฿1.30 Billion ≈ $40.66 Million |
+5.32% |
| 2011-12-31 | ฿1.24 Billion ≈ $38.60 Million |
-3.23% |
| 2010-12-31 | ฿1.28 Billion ≈ $39.89 Million |
+268.29% |
| 2009-12-31 | ฿347.50 Million ≈ $10.83 Million |
0.00% |
| 2008-12-31 | ฿347.50 Million ≈ $10.83 Million |
-61.30% |
| 2007-12-31 | ฿897.89 Million ≈ $27.99 Million |
+35.19% |
| 2006-12-31 | ฿664.17 Million ≈ $20.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sabina 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 364.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.26 Billion | 68.70% |
| Other Components | ฿573.64 Million | 31.30% |
| Total Equity | ฿1.83 Billion | 100.00% |
Sabina Public Company Limited Competitors by Market Cap
The table below lists competitors of Sabina Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sajodaerim
KO:003960
|
$163.59 Million |
|
Service & Quality Technology Co Ltd
TWO:3219
|
$163.73 Million |
|
Graphisoft Park SE Real Estate Development European Company Limited
F:GUV
|
$163.84 Million |
|
Athens Medical C.S.A.
AT:IATR
|
$163.93 Million |
|
Imarketkorea
KO:122900
|
$163.55 Million |
|
AMA Group Ltd
AU:AMA
|
$163.53 Million |
|
Inission AB (publ)
ST:INISS-B
|
$163.46 Million |
|
Al-Bad Massuot Yitzhak Ltd
TA:ALBA
|
$163.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sabina Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,835,902,377 to 1,832,536,905, a change of -3,365,472 (-0.2%).
- Net income of 410,759,941 contributed positively to equity growth.
- Dividend payments of 427,808,646 reduced retained earnings.
- Other comprehensive income decreased equity by 49,250,000.
- Other factors increased equity by 62,933,234.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿410.76 Million | +22.41% |
| Dividends Paid | ฿427.81 Million | -23.35% |
| Other Comprehensive Income | ฿-49.25 Million | -2.69% |
| Other Changes | ฿62.93 Million | +3.43% |
| Total Change | ฿- | -0.18% |
Book Value vs Market Value Analysis
This analysis compares Sabina 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: 2.86x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 14.27x to 2.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | ฿1.06 | ฿15.10 | x |
| 2009-12-31 | ฿1.00 | ฿15.10 | x |
| 2010-12-31 | ฿3.68 | ฿15.10 | x |
| 2011-12-31 | ฿3.56 | ฿15.10 | x |
| 2012-12-31 | ฿3.75 | ฿15.10 | x |
| 2013-12-31 | ฿4.24 | ฿15.10 | x |
| 2014-12-31 | ฿4.51 | ฿15.10 | x |
| 2015-12-31 | ฿4.79 | ฿15.10 | x |
| 2016-12-31 | ฿5.05 | ฿15.10 | x |
| 2017-12-31 | ฿5.45 | ฿15.10 | x |
| 2018-12-31 | ฿5.28 | ฿15.10 | x |
| 2019-12-31 | ฿5.36 | ฿15.10 | x |
| 2020-12-31 | ฿5.17 | ฿15.10 | x |
| 2021-12-31 | ฿5.26 | ฿15.10 | x |
| 2022-12-31 | ฿5.37 | ฿15.10 | x |
| 2023-12-31 | ฿5.37 | ฿15.10 | x |
| 2024-12-31 | ฿5.28 | ฿15.10 | x |
| 2025-12-31 | ฿5.27 | ฿15.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sabina 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): 22.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.35%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 1.31x
- Recent ROE (22.41%) is above the historical average (16.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 51.87% | 9.08% | 1.10x | 5.18x | ฿145.50 Million |
| 2009 | 17.45% | 3.62% | 0.82x | 5.85x | ฿25.90 Million |
| 2010 | 4.07% | 2.75% | 1.00x | 1.48x | ฿-75.93 Million |
| 2011 | 5.07% | 3.30% | 0.89x | 1.72x | ฿-61.07 Million |
| 2012 | 7.08% | 4.55% | 0.94x | 1.66x | ฿-38.04 Million |
| 2013 | 7.96% | 5.35% | 0.95x | 1.56x | ฿-30.08 Million |
| 2014 | 9.38% | 6.82% | 0.93x | 1.47x | ฿-9.71 Million |
| 2015 | 9.95% | 7.21% | 1.04x | 1.33x | ฿-809.40K |
| 2016 | 10.01% | 7.37% | 1.06x | 1.28x | ฿252.11K |
| 2017 | 12.83% | 9.13% | 1.12x | 1.26x | ฿53.61 Million |
| 2018 | 19.70% | 11.70% | 1.19x | 1.42x | ฿178.05 Million |
| 2019 | 22.21% | 12.60% | 1.09x | 1.62x | ฿227.16 Million |
| 2020 | 15.42% | 9.55% | 1.03x | 1.56x | ฿97.30 Million |
| 2021 | 16.08% | 11.18% | 0.97x | 1.48x | ฿111.27 Million |
| 2022 | 22.34% | 13.17% | 1.16x | 1.47x | ฿230.46 Million |
| 2023 | 24.77% | 13.48% | 1.19x | 1.54x | ฿275.84 Million |
| 2024 | 25.29% | 13.02% | 1.35x | 1.44x | ฿280.78 Million |
| 2025 | 22.41% | 12.35% | 1.39x | 1.31x | ฿227.51 Million |
Industry Comparison
This section compares Sabina Public Company Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,860,597,614
- Average return on equity (ROE) among peers: 6.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sabina Public Company Limited (SABINA) | ฿1.84 Billion | 51.87% | 0.30x | $163.55 Million |
| Castle Peak Holdings Public Company Limited (CPH) | $1.14 Billion | 5.05% | 0.52x | $9.66 Million |
| MC Group Public Company Limited (MC) | $4.08 Billion | 17.96% | 0.25x | $274.01 Million |
| New Plus Knitting Public Company Limited (NPK) | $436.61 Million | 2.18% | 0.12x | $4.11 Million |
| People's Garment Public Company Limited (PG) | $1.44 Billion | 7.63% | 0.16x | $19.60 Million |
| Thai Wacoal Public Company Limited (WACOAL) | $2.21 Billion | 0.00% | 0.49x | $57.23 Million |
About Sabina Public Company Limited
Sabina Public Company Limited, together with its subsidiaries, manufactures and sells readymade clothes for women in Thailand and internationally. The company offers underwear, function bras, shape wear, and swimwear for children's, pre-teens', teenagers, working women, young women, and older women under the Sabina, PRETTY, PERFECT bra, Forever Young, Sbn SPORT, TWENTY FIVE, MODERN V, DoommSoft, … Read more