Sanko Diecasting (Thailand) Public Company Limited (SANKO) - Net Assets
Based on the latest financial reports, Sanko Diecasting (Thailand) Public Company Limited (SANKO) has net assets worth ฿341.48 Million THB (≈ $10.64 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 (฿570.42 Million ≈ $17.78 Million USD) and total liabilities (฿228.94 Million ≈ $7.14 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 SANKO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿341.48 Million |
| % of Total Assets | 59.86% |
| Annual Growth Rate | 9.75% |
| 5-Year Change | 80.29% |
| 10-Year Change | 72.42% |
| Growth Volatility | 16.44 |
Sanko Diecasting (Thailand) Public Company Limited - Net Assets Trend (2011–2024)
This chart illustrates how Sanko Diecasting (Thailand) Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Sanko Diecasting (Thailand) Public Compa for the complete picture of this company's asset base.
Annual Net Assets for Sanko Diecasting (Thailand) Public Company Limited (2011–2024)
The table below shows the annual net assets of Sanko Diecasting (Thailand) Public Company Limited from 2011 to 2024. For live valuation and market cap data, see Sanko Diecasting (Thailand) Public Compa (SANKO) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿312.50 Million ≈ $9.74 Million |
+21.89% |
| 2023-12-31 | ฿256.38 Million ≈ $7.99 Million |
+23.01% |
| 2022-12-31 | ฿208.42 Million ≈ $6.50 Million |
+11.55% |
| 2021-12-31 | ฿186.84 Million ≈ $5.82 Million |
+7.79% |
| 2020-12-31 | ฿173.33 Million ≈ $5.40 Million |
-18.05% |
| 2019-12-31 | ฿211.52 Million ≈ $6.59 Million |
+20.18% |
| 2018-12-31 | ฿176.01 Million ≈ $5.49 Million |
+6.25% |
| 2017-12-31 | ฿165.65 Million ≈ $5.16 Million |
+3.74% |
| 2016-12-31 | ฿159.68 Million ≈ $4.98 Million |
-11.90% |
| 2015-12-31 | ฿181.24 Million ≈ $5.65 Million |
+42.23% |
| 2014-12-31 | ฿127.43 Million ≈ $3.97 Million |
-9.60% |
| 2013-12-31 | ฿140.97 Million ≈ $4.39 Million |
+26.57% |
| 2012-12-31 | ฿111.38 Million ≈ $3.47 Million |
+19.41% |
| 2011-12-31 | ฿93.27 Million ≈ $2.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sanko Diecasting (Thailand) 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 2129.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿117.51 Million | 37.60% |
| Common Stock | ฿158.33 Million | 50.67% |
| Other Comprehensive Income | ฿15.83 Million | 5.07% |
| Other Components | ฿20.83 Million | 6.67% |
| Total Equity | ฿312.50 Million | 100.00% |
Sanko Diecasting (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Sanko Diecasting (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Realfiction Holding AB
ST:REALFI
|
$8.30 Million |
|
Close the Loop Ltd
AU:CLG
|
$8.31 Million |
|
BEYOND FRAMES ENTMT AB
F:8WP
|
$8.31 Million |
|
BigBen Interactive
PA:BIG
|
$8.31 Million |
|
ExGen Resources Inc
V:EXG
|
$8.29 Million |
|
CMG Cleantech S.A.
PA:MLCMG
|
$8.29 Million |
|
Accuracy Shipping Limited
NSE:ACCURACY
|
$8.29 Million |
|
VVC Exploration Corp.
V:VVC
|
$8.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanko Diecasting (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 256,384,928 to 312,501,831, a change of 56,116,903 (21.9%).
- Net income of 69,042,302 contributed positively to equity growth.
- Dividend payments of 12,666,489 reduced retained earnings.
- Other comprehensive income increased equity by 8,625,854.
- Other factors decreased equity by 8,884,764.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿69.04 Million | +22.09% |
| Dividends Paid | ฿12.67 Million | -4.05% |
| Other Comprehensive Income | ฿8.63 Million | +2.76% |
| Other Changes | ฿-8.88 Million | -2.84% |
| Total Change | ฿- | 21.89% |
Book Value vs Market Value Analysis
This analysis compares Sanko Diecasting (Thailand) 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: 0.85x
- 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 1.85x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿0.45 | ฿0.84 | x |
| 2012-12-31 | ฿0.53 | ฿0.84 | x |
| 2013-12-31 | ฿0.56 | ฿0.84 | x |
| 2014-12-31 | ฿0.56 | ฿0.84 | x |
| 2015-12-31 | ฿0.70 | ฿0.84 | x |
| 2016-12-31 | ฿0.54 | ฿0.84 | x |
| 2017-12-31 | ฿0.55 | ฿0.84 | x |
| 2018-12-31 | ฿0.59 | ฿0.84 | x |
| 2019-12-31 | ฿0.67 | ฿0.84 | x |
| 2020-12-31 | ฿0.55 | ฿0.84 | x |
| 2021-12-31 | ฿0.59 | ฿0.84 | x |
| 2022-12-31 | ฿0.66 | ฿0.84 | x |
| 2023-12-31 | ฿0.81 | ฿0.84 | x |
| 2024-12-31 | ฿0.99 | ฿0.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanko Diecasting (Thailand) 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): 22.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.46%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 1.75x
- Recent ROE (22.09%) is above the historical average (3.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 7.71% | 2.06% | 1.30x | 2.89x | ฿-2.13 Million |
| 2012 | 17.31% | 4.06% | 1.36x | 3.12x | ฿8.14 Million |
| 2013 | -10.34% | -3.61% | 1.18x | 2.42x | ฿-28.67 Million |
| 2014 | -12.87% | -4.60% | 1.07x | 2.63x | ฿-29.15 Million |
| 2015 | -1.73% | -0.74% | 1.26x | 1.84x | ฿-21.25 Million |
| 2016 | -14.79% | -5.75% | 1.35x | 1.91x | ฿-39.58 Million |
| 2017 | 3.80% | 1.44% | 1.26x | 2.10x | ฿-10.28 Million |
| 2018 | 6.72% | 2.17% | 1.42x | 2.18x | ฿-5.78 Million |
| 2019 | 18.06% | 6.39% | 1.37x | 2.07x | ฿17.04 Million |
| 2020 | -25.14% | -9.82% | 1.02x | 2.51x | ฿-60.91 Million |
| 2021 | 7.23% | 2.11% | 1.28x | 2.68x | ฿-5.18 Million |
| 2022 | 10.46% | 3.07% | 1.38x | 2.46x | ฿960.51K |
| 2023 | 21.30% | 7.18% | 1.40x | 2.11x | ฿28.98 Million |
| 2024 | 22.09% | 8.46% | 1.49x | 1.75x | ฿37.79 Million |
Industry Comparison
This section compares Sanko Diecasting (Thailand) Public Company Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,077,369,706
- Average return on equity (ROE) among peers: 8.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanko Diecasting (Thailand) Public Company Limited (SANKO) | ฿341.48 Million | 7.71% | 0.67x | $8.29 Million |
| AAPICO Hitech Public Company Limited (AH) | $5.47 Billion | 11.16% | 1.30x | $139.32 Million |
| CPR Gomu Industrial PCL (CPR) | $758.04 Million | 12.32% | 0.13x | $16.75 Million |
| Chai Watana Tannery Group Public Company Limited (CWT) | $421.02 Million | -26.44% | 2.48x | $15.32 Million |
| Fortune Parts Industry Public Company Limited (FPI) | $945.15 Million | 20.35% | 1.50x | $77.81 Million |
| Goodyear (Thailand) Public Company Limited (GYT) | $3.91 Billion | 9.87% | 0.32x | $42.09 Million |
| Hwa Fong Rubber (Thailand) Public Company Limited (HFT) | $3.61 Billion | 6.92% | 0.14x | $85.38 Million |
| Interhides Public Company Limited (IHL) | $708.87 Million | 20.94% | 2.03x | $26.79 Million |
| Ingress Industrial (Thailand) Public Company Limited (INGRS) | $2.55 Billion | 3.84% | 0.76x | $16.24 Million |
| Inoue Rubber (Thailand) Public Company Limited (IRC) | $1.42 Billion | 20.58% | 0.84x | $68.30 Million |
| N.D. Rubber Public Company Limited (NDR) | $982.88 Million | 2.15% | 0.28x | $17.66 Million |
About Sanko Diecasting (Thailand) Public Company Limited
Sanko Diecasting (Thailand) Public Company Limited manufactures and distributes aluminum parts and molds in Thailand. It offers automotive parts, such as engine, headlamp heatsinks, fan clutch, air compressor, audio heatsink, and other parts; motorcycle parts, including engine, cosmetic, clutch, and frame arm parts; and electric products comprising CCTV, air-conditioner, and washing machine parts… Read more