Samchai Steel Industries Public Company Limited
Samchai Steel Industries Public Company Limited, together with its subsidiary, manufactures and sells steel pipes and tubes in Thailand and internationally. It provides structural work; system work; general work; and water pipes and galvanized products. The company was incorporated in 1997 and is headquartered in Samut Sakhon, Thailand.
Samchai Steel Industries Public Company Limited (SAM) - Net Assets
Latest net assets as of September 2025: ฿1.37 Billion THB
Based on the latest financial reports, Samchai Steel Industries Public Company Limited (SAM) has net assets worth ฿1.37 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.78 Billion) and total liabilities (฿2.41 Billion). 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 | ฿1.37 Billion |
| % of Total Assets | 36.13% |
| Annual Growth Rate | 5.66% |
| 5-Year Change | -9.72% |
| 10-Year Change | -27.17% |
| Growth Volatility | 32.4 |
Samchai Steel Industries Public Company Limited - Net Assets Trend (2003–2024)
This chart illustrates how Samchai Steel Industries 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 Samchai Steel Industries Public Company Limited (2003–2024)
The table below shows the annual net assets of Samchai Steel Industries Public Company Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.49 Billion | -5.85% |
| 2023-12-31 | ฿1.58 Billion | -4.82% |
| 2022-12-31 | ฿1.66 Billion | -8.68% |
| 2021-12-31 | ฿1.81 Billion | +10.33% |
| 2020-12-31 | ฿1.65 Billion | -3.66% |
| 2019-12-31 | ฿1.71 Billion | -10.14% |
| 2018-12-31 | ฿1.90 Billion | -4.96% |
| 2017-12-31 | ฿2.00 Billion | -3.92% |
| 2016-12-31 | ฿2.08 Billion | +2.06% |
| 2015-12-31 | ฿2.04 Billion | -2.80% |
| 2014-12-31 | ฿2.10 Billion | -0.61% |
| 2013-12-31 | ฿2.11 Billion | +0.83% |
| 2012-12-31 | ฿2.09 Billion | +15.01% |
| 2011-12-31 | ฿1.82 Billion | +0.83% |
| 2010-12-31 | ฿1.81 Billion | +1.65% |
| 2009-12-31 | ฿1.78 Billion | +0.31% |
| 2008-12-31 | ฿1.77 Billion | -7.51% |
| 2007-12-31 | ฿1.91 Billion | -3.71% |
| 2006-12-31 | ฿1.99 Billion | +0.98% |
| 2005-12-31 | ฿1.97 Billion | +122.97% |
| 2004-12-31 | ฿882.92 Million | +88.82% |
| 2003-12-31 | ฿467.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Samchai Steel Industries 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 948.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿1.05 Billion | 70.37% |
| Other Comprehensive Income | ฿35.18 Million | 2.37% |
| Other Components | ฿964.37 Million | 64.94% |
| Total Equity | ฿1.49 Billion | 100.00% |
Samchai Steel Industries Public Company Limited Competitors by Market Cap
The table below lists competitors of Samchai Steel Industries Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peruvian Metals Corp
OTCQB:DUVNF
|
$1.29 Million |
|
InsuraGuest Technologies Inc
OTCQB:ISGIF
|
$1.29 Million |
|
Encorp Bhd
KLSE:6076
|
$1.29 Million |
|
LEGRAND - Dusseldorf Stock Exchang
DU:LRC
|
$1.29 Million |
|
Keybridge Capital Ltd
AU:KBC
|
$1.29 Million |
|
Shiva Mills Limited
NSE:SHIVAMILLS
|
$1.29 Million |
|
Newport Exploration Ltd
PINK:NWXPF
|
$1.29 Million |
|
Accunia Invest EUR CLO Invest Grade DKK
CO:ACACIGDKK
|
$1.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samchai Steel Industries Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,577,392,249 to 1,485,108,434, a change of -92,283,815 (-5.9%).
- Net loss of 110,455,168 reduced equity.
- Other comprehensive income increased equity by 7,475,826.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-110.46 Million | -7.44% |
| Other Comprehensive Income | ฿7.48 Million | +0.5% |
| Other Changes | ฿10.70 Million | +0.72% |
| Total Change | ฿- | -5.85% |
Book Value vs Market Value Analysis
This analysis compares Samchai Steel Industries 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: 0.11x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿3.58 | ฿0.15 | x |
| 2006-12-31 | ฿14.57 | ฿0.15 | x |
| 2007-12-31 | ฿1.82 | ฿0.15 | x |
| 2008-12-31 | ฿2.08 | ฿0.15 | x |
| 2009-12-31 | ฿1.64 | ฿0.15 | x |
| 2010-12-31 | ฿2.12 | ฿0.15 | x |
| 2011-12-31 | ฿2.14 | ฿0.15 | x |
| 2012-12-31 | ฿2.32 | ฿0.15 | x |
| 2013-12-31 | ฿2.03 | ฿0.15 | x |
| 2014-12-31 | ฿2.01 | ฿0.15 | x |
| 2015-12-31 | ฿1.95 | ฿0.15 | x |
| 2016-12-31 | ฿1.99 | ฿0.15 | x |
| 2017-12-31 | ฿1.91 | ฿0.15 | x |
| 2018-12-31 | ฿1.82 | ฿0.15 | x |
| 2019-12-31 | ฿1.63 | ฿0.15 | x |
| 2020-12-31 | ฿1.57 | ฿0.15 | x |
| 2021-12-31 | ฿1.74 | ฿0.15 | x |
| 2022-12-31 | ฿1.59 | ฿0.15 | x |
| 2023-12-31 | ฿1.51 | ฿0.15 | x |
| 2024-12-31 | ฿1.42 | ฿0.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samchai Steel Industries 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): -7.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.57%
- • Asset Turnover: 1.77x
- • Equity Multiplier: 2.68x
- Recent ROE (-7.44%) is below the historical average (0.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 11.01% | 3.44% | 1.39x | 2.30x | ฿4.75 Million |
| 2004 | 14.23% | 5.06% | 1.56x | 1.80x | ฿37.32 Million |
| 2005 | 0.35% | 0.18% | 1.03x | 1.95x | ฿-189.91 Million |
| 2006 | 1.04% | 0.55% | 0.96x | 1.96x | ฿-178.05 Million |
| 2007 | -3.85% | -1.89% | 0.96x | 2.13x | ฿-265.09 Million |
| 2008 | -3.80% | -1.43% | 1.26x | 2.12x | ฿-244.39 Million |
| 2009 | 0.31% | 0.15% | 0.93x | 2.24x | ฿-172.08 Million |
| 2010 | 1.63% | 0.71% | 1.04x | 2.22x | ฿-151.13 Million |
| 2011 | 0.92% | 0.40% | 0.98x | 2.33x | ฿-165.21 Million |
| 2012 | 8.29% | 4.36% | 0.95x | 2.00x | ฿-35.86 Million |
| 2013 | 6.17% | 4.39% | 0.77x | 1.83x | ฿-80.92 Million |
| 2014 | 4.53% | 3.15% | 0.78x | 1.86x | ฿-114.66 Million |
| 2015 | -2.90% | -1.84% | 0.80x | 1.98x | ฿-263.03 Million |
| 2016 | 2.02% | 1.47% | 0.75x | 1.84x | ฿-166.05 Million |
| 2017 | -3.97% | -2.94% | 0.71x | 1.90x | ฿-279.25 Million |
| 2018 | -5.20% | -3.06% | 0.86x | 1.97x | ฿-288.79 Million |
| 2019 | -10.90% | -5.06% | 0.97x | 2.22x | ฿-356.83 Million |
| 2020 | -3.90% | -1.88% | 0.95x | 2.19x | ฿-228.69 Million |
| 2021 | 8.88% | 3.90% | 1.12x | 2.02x | ฿-20.36 Million |
| 2022 | -9.70% | -3.49% | 1.33x | 2.09x | ฿-326.45 Million |
| 2023 | -5.85% | -1.57% | 1.47x | 2.53x | ฿-250.05 Million |
| 2024 | -7.44% | -1.57% | 1.77x | 2.68x | ฿-258.97 Million |
Industry Comparison
This section compares Samchai Steel Industries Public Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $3,659,793,554
- Average return on equity (ROE) among peers: 2.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samchai Steel Industries Public Company Limited (SAM) | ฿1.37 Billion | 11.01% | 1.77x | $1.29 Million |
| 2S Metal Public Company Limited (2S) | $1.31 Billion | 8.03% | 0.41x | $15.33 Million |
| Asia Metal Public Company Limited (AMC) | $1.58 Billion | 7.16% | 1.61x | $6.99 Million |
| Bangsaphan Barmill Public Company Limited (BSBM) | $1.82 Billion | -2.65% | 0.07x | $5.50 Million |
| Capital Engineering Network Public Company Limited (CEN) | $2.42 Billion | -0.89% | 0.19x | $5.45 Million |
| Chow Steel Industries Public Company Limited (CHOW) | $520.72 Million | 0.00% | 4.33x | $8.20 Million |
| CSP Steel Center Public Company Limited (CSP) | $664.19 Million | 10.03% | 1.87x | $950.75K |
| G J Steel Public Company Limited (GJS) | $11.94 Billion | -0.06% | 0.49x | $33.84 Million |
| POSCO-Thainox Public Company Limited (INOX) | $10.76 Billion | -5.72% | 0.42x | $11.41 Million |
| Lohakit Metal Public Company Limited (LHK) | $1.64 Billion | 5.32% | 0.30x | $15.23 Million |
| M.C.S. Steel Public Company Limited (MCS) | $3.94 Billion | 3.04% | 0.72x | $112.11 Million |