Salee Industry Public Company Limited (SALEE) - Net Assets

Latest as of September 2025: ฿1.52 Billion THB ≈ $47.36 Million USD

Based on the latest financial reports, Salee Industry Public Company Limited (SALEE) has net assets worth ฿1.52 Billion THB (≈ $47.36 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 (฿1.79 Billion ≈ $55.75 Million USD) and total liabilities (฿269.25 Million ≈ $8.39 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 how resilient are Salee Industry Public Company Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.52 Billion
% of Total Assets	84.95%
Annual Growth Rate	7.94%
5-Year Change	-3.65%
10-Year Change	-3.99%
Growth Volatility	22.74

Salee Industry Public Company Limited - Net Assets Trend (2006–2024)

This chart illustrates how Salee Industry Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Salee Industry Public Company Limited's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Salee Industry Public Company Limited (2006–2024)

The table below shows the annual net assets of Salee Industry Public Company Limited from 2006 to 2024. For live valuation and market cap data, see Salee Industry Public Company Limited (SALEE) total market value.

Year	Net Assets	Change
2024-12-31	฿1.51 Billion ≈ $47.10 Million	-2.69%
2023-12-31	฿1.55 Billion ≈ $48.40 Million	-6.03%
2022-12-31	฿1.65 Billion ≈ $51.51 Million	+3.72%
2021-12-31	฿1.59 Billion ≈ $49.66 Million	+1.58%
2020-12-31	฿1.57 Billion ≈ $48.89 Million	-0.43%
2019-12-31	฿1.58 Billion ≈ $49.10 Million	-4.55%
2018-12-31	฿1.65 Billion ≈ $51.44 Million	+0.26%
2017-12-31	฿1.65 Billion ≈ $51.30 Million	-2.19%
2016-12-31	฿1.68 Billion ≈ $52.45 Million	+6.91%
2015-12-31	฿1.57 Billion ≈ $49.06 Million	+94.20%
2014-12-31	฿810.46 Million ≈ $25.26 Million	+14.61%
2013-12-31	฿707.18 Million ≈ $22.04 Million	-11.50%
2012-12-31	฿799.04 Million ≈ $24.91 Million	+26.59%
2011-12-31	฿631.22 Million ≈ $19.67 Million	-2.93%
2010-12-31	฿650.26 Million ≈ $20.27 Million	+10.41%
2009-12-31	฿588.96 Million ≈ $18.36 Million	+21.16%
2008-12-31	฿486.10 Million ≈ $15.15 Million	+8.03%
2007-12-31	฿449.97 Million ≈ $14.03 Million	+17.85%
2006-12-31	฿381.82 Million ≈ $11.90 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Salee Industry 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 88.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿179.12 Million	15.56%
Common Stock	฿380.12 Million	33.03%
Other Comprehensive Income	฿58.20 Million	5.06%
Other Components	฿533.51 Million	46.35%
Total Equity	฿1.15 Billion	100.00%

Salee Industry Public Company Limited Competitors by Market Cap

The table below lists competitors of Salee Industry Public Company Limited ranked by their market capitalization.

Company	Market Cap
LL Lucky Games publ AB ST:LADYLU	$18.02 Million
Lion Forest Industries Bhd KLSE:8486	$18.02 Million
JERICHO OIL F:JLM	$18.02 Million
Rodrigo Tekstil Sanayi ve Ticaret AS IS:RODRG	$18.06 Million
Superhouse Limited NSE:SUPERHOUSE	$18.01 Million
Trust Finance Indonesia Tbk JK:TRUS	$18.00 Million
OPTIMI HEALTH CORP. F:8BN	$17.99 Million
Safestore Holdings Plc LSE:SAFE	$17.98 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Salee Industry Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,213,334,157 to 1,150,945,775, a change of -62,388,382 (-5.1%).
Net income of 6,576,631 contributed positively to equity growth.
Dividend payments of 53,216,943 reduced retained earnings.
Other comprehensive income decreased equity by 401,589,436.
Other factors increased equity by 385,841,366.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿6.58 Million	+0.57%
Dividends Paid	฿53.22 Million	-4.62%
Other Comprehensive Income	฿-401.59 Million	-34.89%
Other Changes	฿385.84 Million	+33.52%
Total Change	฿-	-5.14%

Book Value vs Market Value Analysis

This analysis compares Salee Industry 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: 0.51x
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 0.99x to 0.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	฿0.38	฿0.38	x
2007-12-31	฿0.33	฿0.38	x
2008-12-31	฿0.34	฿0.38	x
2009-12-31	฿0.37	฿0.38	x
2010-12-31	฿0.40	฿0.38	x
2011-12-31	฿0.38	฿0.38	x
2012-12-31	฿0.46	฿0.38	x
2013-12-31	฿0.46	฿0.38	x
2014-12-31	฿0.43	฿0.38	x
2015-12-31	฿0.81	฿0.38	x
2016-12-31	฿0.83	฿0.38	x
2017-12-31	฿0.81	฿0.38	x
2018-12-31	฿0.82	฿0.38	x
2019-12-31	฿0.78	฿0.38	x
2020-12-31	฿0.78	฿0.38	x
2021-12-31	฿0.81	฿0.38	x
2022-12-31	฿0.86	฿0.38	x
2023-12-31	฿0.80	฿0.38	x
2024-12-31	฿0.75	฿0.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Salee Industry 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): 0.57%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.52%
• Asset Turnover: 0.74x
• Equity Multiplier: 1.49x
Recent ROE (0.57%) is below the historical average (7.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	10.42%	5.58%	0.64x	2.91x	฿1.50 Million
2007	1.25%	0.68%	0.79x	2.34x	฿-38.26 Million
2008	7.56%	3.89%	1.00x	1.95x	฿-11.64 Million
2009	18.82%	10.75%	0.89x	1.97x	฿45.36 Million
2010	16.26%	12.03%	0.87x	1.56x	฿35.93 Million
2011	12.04%	8.97%	0.78x	1.72x	฿11.33 Million
2012	23.94%	15.87%	0.94x	1.61x	฿96.91 Million
2013	25.63%	16.16%	0.85x	1.86x	฿109.63 Million
2014	14.41%	10.73%	0.80x	1.69x	฿35.52 Million
2015	2.66%	3.33%	0.54x	1.48x	฿-90.29 Million
2016	4.36%	4.79%	0.54x	1.68x	฿-71.10 Million
2017	2.88%	2.58%	0.69x	1.63x	฿-87.92 Million
2018	1.99%	1.77%	0.68x	1.65x	฿-99.44 Million
2019	-3.77%	-3.62%	0.64x	1.62x	฿-163.36 Million
2020	-0.63%	-0.63%	0.61x	1.63x	฿-126.14 Million
2021	-1.27%	-1.21%	0.66x	1.58x	฿-138.40 Million
2022	8.77%	7.25%	0.80x	1.51x	฿-16.06 Million
2023	1.37%	1.29%	0.73x	1.47x	฿-104.68 Million
2024	0.57%	0.52%	0.74x	1.49x	฿-108.52 Million

Industry Comparison

This section compares Salee Industry 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: $3,487,093,293
Average return on equity (ROE) among peers: 8.52%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Salee Industry Public Company Limited (SALEE)	฿1.52 Billion	10.42%	0.18x	$18.01 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
Megachem (Thailand) Public Company Limited (MGT)	$371.29 Million	12.74%	0.17x	$24.44 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
Selic Corp Public Company Limited (SELIC)	$361.47 Million	10.80%	0.35x	$49.89 Million

About Salee Industry Public Company Limited

BK:SALEE Thailand Specialty Chemicals

Market Cap

$18.01 Million

฿577.78 Million THB

Market Cap Rank

#25356 Global

#504 in Thailand

Share Price

฿0.38

Change (1 day)

-2.56%

52-Week Range

฿0.33 - ฿0.45

All Time High

฿2.03