Samart Telcoms Public Company Limited
Samart Telcoms Public Company Limited engages in the integrated telecommunications, communication network, and information technology businesses in Thailand. The company operates through three segments: Network Infrastructure Solutions, Enhanced Technology Solutions, and Business Application. The Network Infrastructure Solutions segment provides solutions for telecommunications and data communica… Read more
Samart Telcoms Public Company Limited (SAMTEL) - Net Assets
Latest net assets as of September 2025: ฿3.58 Billion THB
Based on the latest financial reports, Samart Telcoms Public Company Limited (SAMTEL) has net assets worth ฿3.58 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 (฿6.84 Billion) and total liabilities (฿3.27 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 | ฿3.58 Billion |
| % of Total Assets | 52.26% |
| Annual Growth Rate | 3.44% |
| 5-Year Change | 9.7% |
| 10-Year Change | 4.78% |
| Growth Volatility | 10.6 |
Samart Telcoms Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Samart Telcoms 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 Telcoms Public Company Limited (2000–2024)
The table below shows the annual net assets of Samart Telcoms Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.62 Billion | +2.16% |
| 2023-12-31 | ฿3.55 Billion | -0.42% |
| 2022-12-31 | ฿3.56 Billion | +5.68% |
| 2021-12-31 | ฿3.37 Billion | +2.04% |
| 2020-12-31 | ฿3.30 Billion | -12.73% |
| 2019-12-31 | ฿3.79 Billion | +2.92% |
| 2018-12-31 | ฿3.68 Billion | +4.12% |
| 2017-12-31 | ฿3.53 Billion | +1.63% |
| 2016-12-31 | ฿3.48 Billion | +0.50% |
| 2015-12-31 | ฿3.46 Billion | -0.58% |
| 2014-12-31 | ฿3.48 Billion | +9.51% |
| 2013-12-31 | ฿3.18 Billion | +17.50% |
| 2012-12-31 | ฿2.70 Billion | +20.96% |
| 2011-12-31 | ฿2.24 Billion | +23.18% |
| 2010-12-31 | ฿1.81 Billion | +15.18% |
| 2009-12-31 | ฿1.58 Billion | +16.14% |
| 2008-12-31 | ฿1.36 Billion | +6.44% |
| 2007-12-31 | ฿1.27 Billion | -6.03% |
| 2006-12-31 | ฿1.36 Billion | +13.07% |
| 2005-12-31 | ฿1.20 Billion | -17.57% |
| 2004-12-31 | ฿1.46 Billion | +8.86% |
| 2003-12-31 | ฿1.34 Billion | +7.23% |
| 2002-12-31 | ฿1.25 Billion | -10.01% |
| 2001-12-31 | ฿1.39 Billion | -13.89% |
| 2000-12-31 | ฿1.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Samart Telcoms 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 4976.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.39 Billion | 65.91% |
| Common Stock | ฿618.00 Million | 17.06% |
| Other Comprehensive Income | ฿73.80 Million | 2.04% |
| Other Components | ฿543.31 Million | 14.99% |
| Total Equity | ฿3.62 Billion | 100.00% |
Samart Telcoms Public Company Limited Competitors by Market Cap
The table below lists competitors of Samart Telcoms Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hung Thinh Incons JSC
VN:HTN
|
$11.63 Million |
|
MClean Technologies Bhd
KLSE:0167
|
$11.63 Million |
|
Masterkool International Public Company Limited
BK:KOOL
|
$11.64 Million |
|
TRC Construction Public Company Limited
BK:TRC
|
$11.65 Million |
|
Natural Alternatives International
NASDAQ:NAII
|
$11.62 Million |
|
Audax Renovables S.A.
MC:ADX
|
$11.62 Million |
|
Holy Stone Healthcare Co., Ltd.
TWO:4194
|
$11.62 Million |
|
IT Link SA
LSE:0NC8
|
$11.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samart Telcoms Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,547,034,201 to 3,623,530,306, a change of 76,496,105 (2.2%).
- Net income of 115,356,379 contributed positively to equity growth.
- Dividend payments of 30,896,516 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿115.36 Million | +3.18% |
| Dividends Paid | ฿30.90 Million | -0.85% |
| Other Changes | ฿-7.96 Million | -0.22% |
| Total Change | ฿- | 2.16% |
Book Value vs Market Value Analysis
This analysis compares Samart Telcoms 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: 0.64x
- 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 1.34x to 0.64x 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 | ฿2.80 | ฿3.75 | x |
| 2005-12-31 | ฿2.28 | ฿3.75 | x |
| 2006-12-31 | ฿2.25 | ฿3.75 | x |
| 2007-12-31 | ฿2.15 | ฿3.75 | x |
| 2008-12-31 | ฿2.25 | ฿3.75 | x |
| 2009-12-31 | ฿2.61 | ฿3.75 | x |
| 2010-12-31 | ฿3.00 | ฿3.75 | x |
| 2011-12-31 | ฿3.66 | ฿3.75 | x |
| 2012-12-31 | ฿4.41 | ฿3.75 | x |
| 2013-12-31 | ฿5.17 | ฿3.75 | x |
| 2014-12-31 | ฿5.63 | ฿3.75 | x |
| 2015-12-31 | ฿5.60 | ฿3.75 | x |
| 2016-12-31 | ฿5.65 | ฿3.75 | x |
| 2017-12-31 | ฿5.75 | ฿3.75 | x |
| 2018-12-31 | ฿5.99 | ฿3.75 | x |
| 2019-12-31 | ฿6.17 | ฿3.75 | x |
| 2020-12-31 | ฿5.39 | ฿3.75 | x |
| 2021-12-31 | ฿5.50 | ฿3.75 | x |
| 2022-12-31 | ฿5.81 | ฿3.75 | x |
| 2023-12-31 | ฿5.74 | ฿3.75 | x |
| 2024-12-31 | ฿5.86 | ฿3.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samart Telcoms 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): 3.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.76%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.80x
- Recent ROE (3.18%) is below the historical average (12.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.80% | 84.33% | 0.03x | 2.11x | ฿-83.66 Million |
| 2003 | 5.53% | 5.02% | 0.71x | 1.55x | ฿-59.75 Million |
| 2004 | 11.73% | 11.83% | 0.77x | 1.29x | ฿25.12 Million |
| 2005 | 20.69% | 11.61% | 0.53x | 3.35x | ฿128.18 Million |
| 2006 | 24.53% | 11.50% | 0.85x | 2.51x | ฿196.28 Million |
| 2007 | 8.82% | 5.14% | 0.67x | 2.55x | ฿-14.97 Million |
| 2008 | 8.30% | 3.86% | 0.82x | 2.63x | ฿-22.96 Million |
| 2009 | 19.22% | 4.86% | 1.04x | 3.81x | ฿145.06 Million |
| 2010 | 22.37% | 7.09% | 1.25x | 2.52x | ฿224.51 Million |
| 2011 | 35.39% | 7.83% | 1.14x | 3.96x | ฿567.41 Million |
| 2012 | 30.02% | 10.77% | 0.61x | 4.56x | ฿541.08 Million |
| 2013 | 26.97% | 9.26% | 0.74x | 3.93x | ฿538.93 Million |
| 2014 | 20.28% | 10.68% | 0.74x | 2.57x | ฿357.21 Million |
| 2015 | 11.62% | 7.04% | 0.57x | 2.90x | ฿55.97 Million |
| 2016 | 5.27% | 3.22% | 0.57x | 2.87x | ฿-165.38 Million |
| 2017 | 6.20% | 3.17% | 0.75x | 2.61x | ฿-135.05 Million |
| 2018 | 9.49% | 4.58% | 0.86x | 2.41x | ฿-18.99 Million |
| 2019 | 11.84% | 4.97% | 0.96x | 2.48x | ฿70.02 Million |
| 2020 | -8.63% | -5.29% | 0.78x | 2.09x | ฿-620.51 Million |
| 2021 | 1.81% | 1.34% | 0.64x | 2.10x | ฿-278.53 Million |
| 2022 | 7.25% | 5.27% | 0.66x | 2.08x | ฿-98.69 Million |
| 2023 | 2.02% | 1.60% | 0.59x | 2.16x | ฿-283.02 Million |
| 2024 | 3.18% | 2.76% | 0.64x | 1.80x | ฿-247.00 Million |
Industry Comparison
This section compares Samart Telcoms Public Company Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $6,424,075,309
- Average return on equity (ROE) among peers: 20.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samart Telcoms Public Company Limited (SAMTEL) | ฿3.58 Billion | 4.80% | 0.91x | $11.63 Million |
| Bliss-Tel PLC (BLISS) | $1.64 Billion | 4.46% | 0.10x | $8.77 |
| Forth Smart Service Public Company Limited (FSMART) | $1.34 Billion | 43.74% | 1.64x | $53.11 Million |
| Information and Communication Networks Public Company Limited (ICN) | $823.37 Million | 16.10% | 0.66x | $20.30 Million |
| Intouch Holdings Public Company Limited (INTUCH) | $37.94 Billion | 30.29% | 0.32x | $1.96 Billion |
| Jasmine Telecom Systems Public Company Limited (JTS) | $1.83 Billion | 17.12% | 1.23x | $338.29 Million |
| PROEN Corp Public Company Limited (PROEN) | $110.06 Million | 15.08% | 4.59x | $7.41 Million |
| Symphony Communication Public Company Limited (SYMC) | $1.29 Billion | 14.07% | 1.40x | $14.45 Million |