Samart Corporation Public Company Limited
Samart Corporation Public Company Limited designs and installs telecommunications systems, and the sells telecommunications equipment in Thailand, Cambodia, and internationally. It operates in ICT Solution and Service; Digital; and Utilities and Transportations segments. The ICT Solution and Service segment offers solutions and services in information and communication technology and digital solu… Read more
Samart Corporation Public Company Limited (SAMART) - Net Assets
Latest net assets as of September 2025: ฿6.83 Billion THB
Based on the latest financial reports, Samart Corporation Public Company Limited (SAMART) has net assets worth ฿6.83 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 (฿16.98 Billion) and total liabilities (฿10.15 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 | ฿6.83 Billion |
| % of Total Assets | 40.21% |
| Annual Growth Rate | N/A |
| 5-Year Change | 59.88% |
| 10-Year Change | -18.62% |
| Growth Volatility | 422.53 |
Samart Corporation Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Samart Corporation 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 Samart Corporation Public Company Limited (2000–2024)
The table below shows the annual net assets of Samart Corporation Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿6.77 Billion | +7.09% |
| 2023-12-31 | ฿6.32 Billion | +64.07% |
| 2022-12-31 | ฿3.85 Billion | -18.46% |
| 2021-12-31 | ฿4.73 Billion | +11.60% |
| 2020-12-31 | ฿4.23 Billion | -20.58% |
| 2019-12-31 | ฿5.33 Billion | +7.90% |
| 2018-12-31 | ฿4.94 Billion | -19.66% |
| 2017-12-31 | ฿6.15 Billion | -22.22% |
| 2016-12-31 | ฿7.91 Billion | -4.95% |
| 2015-12-31 | ฿8.32 Billion | +0.68% |
| 2014-12-31 | ฿8.26 Billion | -0.38% |
| 2013-12-31 | ฿8.29 Billion | +20.64% |
| 2012-12-31 | ฿6.87 Billion | +14.65% |
| 2011-12-31 | ฿6.00 Billion | +6.89% |
| 2010-12-31 | ฿5.61 Billion | +12.91% |
| 2009-12-31 | ฿4.97 Billion | +6.21% |
| 2008-12-31 | ฿4.68 Billion | -7.70% |
| 2007-12-31 | ฿5.07 Billion | -0.05% |
| 2006-12-31 | ฿5.07 Billion | +21.31% |
| 2005-12-31 | ฿4.18 Billion | +8.10% |
| 2004-12-31 | ฿3.87 Billion | +22.90% |
| 2003-12-31 | ฿3.15 Billion | +2069.23% |
| 2002-12-31 | ฿145.00 Million | -85.22% |
| 2001-12-31 | ฿981.00 Million | +189.84% |
| 2000-12-31 | ฿-1.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Samart Corporation 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 112821791800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.13 Billion | 22.10% |
| Common Stock | ฿1.01 Billion | 19.72% |
| Other Comprehensive Income | ฿134.20 Million | 2.63% |
| Other Components | ฿2.84 Billion | 55.55% |
| Total Equity | ฿5.10 Billion | 100.00% |
Samart Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Samart Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Embassy Bancorp Inc
OTCQX:EMYB
|
$71.17 Million |
|
Formosa Electronic Industries
TWO:8171
|
$71.18 Million |
|
OPC Energy Ltd
TA:OPCE
|
$71.19 Million |
|
JSL S.A
SA:JSLG3
|
$71.28 Million |
|
Brighten Optix Corporation
TWO:6747
|
$71.13 Million |
|
BIEN SPAREB.AS NK 34375
F:JX0
|
$71.13 Million |
|
Seer Inc
NASDAQ:SEER
|
$71.12 Million |
|
Soosan Industries Co. Ltd.
KO:126720
|
$71.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samart Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,853,613,046 to 5,104,139,495, a change of 250,526,449 (5.2%).
- Net income of 132,923,646 contributed positively to equity growth.
- Other factors increased equity by 117,602,803.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿132.92 Million | +2.6% |
| Other Changes | ฿117.60 Million | +2.3% |
| Total Change | ฿- | 5.16% |
Book Value vs Market Value Analysis
This analysis compares Samart Corporation 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: 1.06x
- 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 2.28x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿2.36 | ฿5.36 | x |
| 2005-12-31 | ฿2.86 | ฿5.36 | x |
| 2006-12-31 | ฿4.01 | ฿5.36 | x |
| 2007-12-31 | ฿4.02 | ฿5.36 | x |
| 2008-12-31 | ฿3.76 | ฿5.36 | x |
| 2009-12-31 | ฿4.15 | ฿5.36 | x |
| 2010-12-31 | ฿4.60 | ฿5.36 | x |
| 2011-12-31 | ฿4.81 | ฿5.36 | x |
| 2012-12-31 | ฿5.44 | ฿5.36 | x |
| 2013-12-31 | ฿6.28 | ฿5.36 | x |
| 2014-12-31 | ฿5.82 | ฿5.36 | x |
| 2015-12-31 | ฿5.95 | ฿5.36 | x |
| 2016-12-31 | ฿5.68 | ฿5.36 | x |
| 2017-12-31 | ฿4.55 | ฿5.36 | x |
| 2018-12-31 | ฿3.29 | ฿5.36 | x |
| 2019-12-31 | ฿3.65 | ฿5.36 | x |
| 2020-12-31 | ฿3.02 | ฿5.36 | x |
| 2021-12-31 | ฿3.36 | ฿5.36 | x |
| 2022-12-31 | ฿2.66 | ฿5.36 | x |
| 2023-12-31 | ฿4.82 | ฿5.36 | x |
| 2024-12-31 | ฿5.07 | ฿5.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samart Corporation 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): 2.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.32%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 3.55x
- Recent ROE (2.60%) is below the historical average (5.80%), 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 | 6.97% | 1.04% | 1.15x | 5.78x | ฿-52.56 Million |
| 2004 | 24.46% | 3.88% | 1.17x | 5.38x | ฿323.10 Million |
| 2005 | 21.34% | 3.17% | 1.41x | 4.76x | ฿310.18 Million |
| 2006 | 51.39% | 6.84% | 2.04x | 3.68x | ฿1.60 Billion |
| 2007 | 14.61% | 3.00% | 1.46x | 3.34x | ฿181.03 Million |
| 2008 | 7.14% | 1.65% | 1.19x | 3.62x | ฿-104.72 Million |
| 2009 | 11.67% | 2.67% | 1.10x | 3.98x | ฿65.15 Million |
| 2010 | 14.32% | 3.95% | 1.18x | 3.08x | ฿189.36 Million |
| 2011 | 17.81% | 4.23% | 1.08x | 3.91x | ฿366.42 Million |
| 2012 | 19.82% | 6.40% | 0.79x | 3.91x | ฿530.75 Million |
| 2013 | 23.29% | 6.58% | 0.94x | 3.77x | ฿837.71 Million |
| 2014 | 25.33% | 6.22% | 0.91x | 4.46x | ฿898.21 Million |
| 2015 | 13.44% | 4.40% | 0.67x | 4.55x | ฿206.77 Million |
| 2016 | 1.23% | 0.52% | 0.54x | 4.37x | ฿-506.21 Million |
| 2017 | -20.70% | -7.28% | 0.59x | 4.85x | ฿-1.41 Billion |
| 2018 | -32.44% | -8.83% | 0.57x | 6.47x | ฿-1.41 Billion |
| 2019 | 11.61% | 3.01% | 0.67x | 5.78x | ฿59.06 Million |
| 2020 | -14.89% | -4.97% | 0.51x | 5.93x | ฿-757.00 Million |
| 2021 | -13.61% | -6.62% | 0.38x | 5.36x | ฿-798.78 Million |
| 2022 | -49.75% | -14.77% | 0.47x | 7.22x | ฿-1.60 Billion |
| 2023 | -8.03% | -3.85% | 0.53x | 3.94x | ฿-875.28 Million |
| 2024 | 2.60% | 1.32% | 0.55x | 3.55x | ฿-377.49 Million |
Industry Comparison
This section compares Samart Corporation Public Company Limited's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $948,000,967
- Average return on equity (ROE) among peers: 16.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samart Corporation Public Company Limited (SAMART) | ฿6.83 Billion | 6.97% | 1.49x | $71.17 Million |
| Advanced Information Technology Public Company Limited (AIT) | $2.93 Billion | 13.48% | 1.20x | $109.65 Million |
| Beryl 8 Plus Public Company Limited (BE8) | $78.06 Million | 30.29% | 2.57x | $10.83 Million |
| Ditto (Thailand) Public Company Limited (DITTO) | $261.38 Million | 21.53% | 1.58x | $133.67 Million |
| DITTO (THAILAND) (DITTO-R) | $2.46 Billion | 13.61% | 0.36x | $174.47 Million |
| G-Able PCL (GABLE) | $2.01 Billion | 8.27% | 1.09x | $21.78 Million |
| I2 Enterprise Public Company Limited (I2) | $250.43 Million | 17.96% | 2.26x | $1.98 Million |
| I&I Group Public Company Limited (IIG) | $-21.04 Million | 0.00% | 0.00x | $3.22 Million |
| Infraset Public Company Limited (INSET) | $839.14 Million | 16.15% | 0.59x | $38.30 Million |
| International Research Corporation Public Company Limited (IRCP) | $489.44 Million | 27.29% | 1.68x | $3.46 Million |
| International Network System PCL (ITNS) | $188.33 Million | 17.30% | 0.40x | $3.47 Million |