Sappe Public Company Limited
Sappe Public Company Limited, together with its subsidiaries, manufactures and distributes health drinking, food, and coconut products in Asia, Europe, the United States, and internationally. The company operates through two segments, Health Drinking Products and Coconut Products. It offers ready-to-drink fruit juices, functional drinks, functional powders, snacks, supplements, jellies, and coffe… Read more
Sappe Public Company Limited (SAPPE) - Net Assets
Latest net assets as of September 2025: ฿4.39 Billion THB
Based on the latest financial reports, Sappe Public Company Limited (SAPPE) has net assets worth ฿4.39 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 (฿5.49 Billion) and total liabilities (฿1.10 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 | ฿4.39 Billion |
| % of Total Assets | 80.02% |
| Annual Growth Rate | 22.81% |
| 5-Year Change | 56.31% |
| 10-Year Change | 155.26% |
| Growth Volatility | 75.29 |
Sappe Public Company Limited - Net Assets Trend (2012–2024)
This chart illustrates how Sappe 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 Sappe Public Company Limited (2012–2024)
The table below shows the annual net assets of Sappe Public Company Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.49 Billion | +15.27% |
| 2023-12-31 | ฿3.90 Billion | +15.95% |
| 2022-12-31 | ฿3.36 Billion | +11.76% |
| 2021-12-31 | ฿3.01 Billion | +4.64% |
| 2020-12-31 | ฿2.87 Billion | +4.71% |
| 2019-12-31 | ฿2.74 Billion | +13.21% |
| 2018-12-31 | ฿2.42 Billion | +7.60% |
| 2017-12-31 | ฿2.25 Billion | +12.59% |
| 2016-12-31 | ฿2.00 Billion | +13.71% |
| 2015-12-31 | ฿1.76 Billion | +13.00% |
| 2014-12-31 | ฿1.56 Billion | +282.88% |
| 2013-12-31 | ฿406.62 Million | +6.58% |
| 2012-12-31 | ฿381.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sappe 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 1792.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.94 Billion | 67.02% |
| Common Stock | ฿308.29 Million | 7.02% |
| Other Comprehensive Income | ฿72.90 Million | 1.66% |
| Other Components | ฿1.07 Billion | 24.30% |
| Total Equity | ฿4.39 Billion | 100.00% |
Sappe Public Company Limited Competitors by Market Cap
The table below lists competitors of Sappe Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alterity Therapeutics Ltd
NASDAQ:ATHE
|
$67.51 Million |
|
Anhui Xinbo Aluminum Co Ltd
SHE:003038
|
$67.51 Million |
|
Kernel Holding SA
F:0KE
|
$67.54 Million |
|
ReproCELL Incorporated
F:6RC
|
$67.55 Million |
|
Carlo Gavazzi Holding AG
SW:GAV
|
$67.49 Million |
|
Walchandnagar Industries Limited
NSE:WALCHANNAG
|
$67.45 Million |
|
Compagnie d'Entreprises CFE S.A.
LSE:0O2T
|
$67.44 Million |
|
Cupid Limited
NSE:CUPID
|
$67.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sappe Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,817,507,264 to 4,392,319,101, a change of 574,811,837 (15.1%).
- Net income of 1,252,546,123 contributed positively to equity growth.
- Dividend payments of 670,737,124 reduced retained earnings.
- Share repurchases of 26,411,173 reduced equity.
- Other comprehensive income increased equity by 69,017,276.
- Other factors decreased equity by 49,603,265.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.25 Billion | +28.52% |
| Dividends Paid | ฿670.74 Million | -15.27% |
| Share Repurchases | ฿26.41 Million | -0.6% |
| Other Comprehensive Income | ฿69.02 Million | +1.57% |
| Other Changes | ฿-49.60 Million | -1.13% |
| Total Change | ฿- | 15.06% |
Book Value vs Market Value Analysis
This analysis compares Sappe 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: 2.09x
- 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 17.61x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿1.69 | ฿29.75 | x |
| 2013-12-31 | ฿1.81 | ฿29.75 | x |
| 2014-12-31 | ฿5.55 | ฿29.75 | x |
| 2015-12-31 | ฿5.65 | ฿29.75 | x |
| 2016-12-31 | ฿6.63 | ฿29.75 | x |
| 2017-12-31 | ฿7.44 | ฿29.75 | x |
| 2018-12-31 | ฿7.98 | ฿29.75 | x |
| 2019-12-31 | ฿8.70 | ฿29.75 | x |
| 2020-12-31 | ฿9.11 | ฿29.75 | x |
| 2021-12-31 | ฿9.50 | ฿29.75 | x |
| 2022-12-31 | ฿10.57 | ฿29.75 | x |
| 2023-12-31 | ฿12.38 | ฿29.75 | x |
| 2024-12-31 | ฿14.26 | ฿29.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sappe 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): 28.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.49%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 1.35x
- Recent ROE (28.52%) is above the historical average (20.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.77% | 3.69% | 1.57x | 3.07x | ฿29.55 Million |
| 2013 | 35.08% | 5.93% | 1.80x | 3.29x | ฿102.23 Million |
| 2014 | 24.32% | 12.81% | 1.35x | 1.40x | ฿212.42 Million |
| 2015 | 17.62% | 11.96% | 1.11x | 1.33x | ฿130.00 Million |
| 2016 | 20.46% | 15.12% | 1.11x | 1.22x | ฿209.78 Million |
| 2017 | 17.77% | 14.93% | 0.97x | 1.22x | ฿175.41 Million |
| 2018 | 14.48% | 12.44% | 0.97x | 1.20x | ฿108.71 Million |
| 2019 | 15.23% | 12.22% | 0.97x | 1.28x | ฿138.34 Million |
| 2020 | 13.72% | 11.63% | 0.90x | 1.32x | ฿103.00 Million |
| 2021 | 14.14% | 11.93% | 0.89x | 1.32x | ฿120.25 Million |
| 2022 | 20.05% | 14.30% | 1.00x | 1.40x | ฿327.37 Million |
| 2023 | 28.14% | 17.75% | 1.07x | 1.49x | ฿692.45 Million |
| 2024 | 28.52% | 18.49% | 1.14x | 1.35x | ฿813.31 Million |
Industry Comparison
This section compares Sappe Public Company Limited's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.
Industry Context
- Industry: Beverages - Non-Alcoholic
- Average net assets among peers: $3,765,350,658
- Average return on equity (ROE) among peers: 28.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sappe Public Company Limited (SAPPE) | ฿4.39 Billion | 17.77% | 0.25x | $67.50 Million |
| Carabao Group Public Company Limited (CBG-R) | $7.10 Billion | 20.98% | 0.38x | $487.33 Million |
| Ichitan Group Public Company Limited (ICHI-R) | $6.22 Billion | 6.55% | 0.24x | $240.16 Million |
| OSOTSPA PCL-NVDR (OSP-R) | $3.44 Billion | 82.39% | 3.42x | $870.97 Million |
| Royal Plus PCL (PLUS) | $207.10 Million | 0.63% | 2.62x | $9.73 Million |
| Sermsuk Public Company Limited (SSC) | $8.45 Billion | -3.61% | 0.40x | $131.25 Million |
| T.A.C. Consumer Public Company Limited (TACC) | $44.62 Million | 58.03% | 4.26x | $72.94 Million |
| Tipco Foods Public Company Limited (TIPCO) | $899.00 Million | 31.07% | 1.67x | $12.02 Million |