Samart Telcoms Public Company Limited (SAMTEL) - Net Assets

Latest as of September 2025: ฿3.58 Billion THB ≈ $111.44 Million USD

Based on the latest financial reports, Samart Telcoms Public Company Limited (SAMTEL) has net assets worth ฿3.58 Billion THB (≈ $111.44 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 (฿6.84 Billion ≈ $213.23 Million USD) and total liabilities (฿3.27 Billion ≈ $101.79 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 SAMTEL financial resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Samart Telcoms Public Company Limited balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Samart Telcoms Public Company Limited.

Year	Net Assets	Change
2024-12-31	฿3.62 Billion ≈ $112.97 Million	+2.16%
2023-12-31	฿3.55 Billion ≈ $110.58 Million	-0.42%
2022-12-31	฿3.56 Billion ≈ $111.05 Million	+5.68%
2021-12-31	฿3.37 Billion ≈ $105.08 Million	+2.04%
2020-12-31	฿3.30 Billion ≈ $102.98 Million	-12.73%
2019-12-31	฿3.79 Billion ≈ $118.00 Million	+2.92%
2018-12-31	฿3.68 Billion ≈ $114.64 Million	+4.12%
2017-12-31	฿3.53 Billion ≈ $110.11 Million	+1.63%
2016-12-31	฿3.48 Billion ≈ $108.35 Million	+0.50%
2015-12-31	฿3.46 Billion ≈ $107.81 Million	-0.58%
2014-12-31	฿3.48 Billion ≈ $108.43 Million	+9.51%
2013-12-31	฿3.18 Billion ≈ $99.02 Million	+17.50%
2012-12-31	฿2.70 Billion ≈ $84.27 Million	+20.96%
2011-12-31	฿2.24 Billion ≈ $69.67 Million	+23.18%
2010-12-31	฿1.81 Billion ≈ $56.56 Million	+15.18%
2009-12-31	฿1.58 Billion ≈ $49.10 Million	+16.14%
2008-12-31	฿1.36 Billion ≈ $42.28 Million	+6.44%
2007-12-31	฿1.27 Billion ≈ $39.72 Million	-6.03%
2006-12-31	฿1.36 Billion ≈ $42.27 Million	+13.07%
2005-12-31	฿1.20 Billion ≈ $37.39 Million	-17.57%
2004-12-31	฿1.46 Billion ≈ $45.36 Million	+8.86%
2003-12-31	฿1.34 Billion ≈ $41.67 Million	+7.23%
2002-12-31	฿1.25 Billion ≈ $38.86 Million	-10.01%
2001-12-31	฿1.39 Billion ≈ $43.18 Million	-13.89%
2000-12-31	฿1.61 Billion ≈ $50.14 Million	--

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
Groupe Minoteries SA SW:GMI	$75.90 Million
Podak Co Ltd TWO:3537	$75.93 Million
Gozco Plantations Tbk JK:GZCO	$75.94 Million
ProfilGruppen AB (publ) ST:PROF-B	$75.96 Million
PP Properti Tbk PT JK:PPRO	$75.89 Million
CKM Building Material TWO:8930	$75.88 Million
Renergen Ltd. JSE:REN	$75.87 Million
Aero Win Technology Corp TW:8222	$75.83 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: 0.67x
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 1.41x to 0.67x 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	฿3.94	x
2005-12-31	฿2.28	฿3.94	x
2006-12-31	฿2.25	฿3.94	x
2007-12-31	฿2.15	฿3.94	x
2008-12-31	฿2.25	฿3.94	x
2009-12-31	฿2.61	฿3.94	x
2010-12-31	฿3.00	฿3.94	x
2011-12-31	฿3.66	฿3.94	x
2012-12-31	฿4.41	฿3.94	x
2013-12-31	฿5.17	฿3.94	x
2014-12-31	฿5.63	฿3.94	x
2015-12-31	฿5.60	฿3.94	x
2016-12-31	฿5.65	฿3.94	x
2017-12-31	฿5.75	฿3.94	x
2018-12-31	฿5.99	฿3.94	x
2019-12-31	฿6.17	฿3.94	x
2020-12-31	฿5.39	฿3.94	x
2021-12-31	฿5.50	฿3.94	x
2022-12-31	฿5.81	฿3.94	x
2023-12-31	฿5.74	฿3.94	x
2024-12-31	฿5.86	฿3.94	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: $14,995,904,048
Average return on equity (ROE) among peers: 7.39%

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	$75.89 Million
Advanced Info Service Public Company Limited (ADVANC)	$28.12 Billion	23.46%	1.10x	$31.52 Billion
Forth Smart Service Public Company Limited (FSMART)	$1.15 Billion	40.39%	2.01x	$157.28 Million
Information and Communication Networks Public Company Limited (ICN)	$519.05 Million	16.33%	0.65x	$38.76 Million
Interlink Telecom Public Company Limited (ITEL)	$325.02 Million	9.43%	6.48x	$74.18 Million
Jasmine International Public Company Limited (JAS)	$21.18 Billion	34.29%	2.30x	$292.06 Million
Jasmine International Public Company Limited (JAS-R)	$4.96 Billion	-63.07%	19.13x	$413.53 Million
Jasmine Telecom Systems Public Company Limited (JTS)	$1.07 Billion	-4.09%	0.54x	$909.27 Million
Symphony Communication Public Company Limited (SYMC)	$2.43 Billion	3.92%	0.74x	$56.23 Million
True Corporation Public Company Limited (TRUE)	$75.21 Billion	5.87%	2.76x	$14.75 Billion

About Samart Telcoms Public Company Limited

BK:SAMTEL Thailand Telecom Services

Market Cap

$75.89 Million

฿2.43 Billion THB

Market Cap Rank

#20251 Global

#309 in Thailand

Share Price

฿3.94

Change (1 day)

+0.00%

52-Week Range

฿3.44 - ฿6.20

All Time High

฿16.71