Sappe Public Company Limited

BK:SAPPE Thailand Beverages - Non-Alcoholic
Market Cap
$261.77 Million
฿9.08 Billion THB
Market Cap Rank
#19853 Global
#185 in Thailand
Share Price
฿29.75
Change (1 day)
+0.85%
52-Week Range
฿28.00 - ฿39.25
All Time High
฿106.50
About

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.

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