Somboon Advance Technology Public Company Limited (SAT) - Net Assets
Based on the latest financial reports, Somboon Advance Technology Public Company Limited (SAT) has net assets worth ฿8.34 Billion THB (≈ $259.92 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿10.01 Billion ≈ $312.06 Million USD) and total liabilities (฿1.67 Billion ≈ $52.14 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 SAT goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿8.34 Billion |
| % of Total Assets | 83.29% |
| Annual Growth Rate | 17.01% |
| 5-Year Change | 9.12% |
| 10-Year Change | 41.65% |
| Growth Volatility | 73.86 |
Somboon Advance Technology Public Company Limited - Net Assets Trend (2003–2025)
This chart illustrates how Somboon Advance Technology Public Company Limited's net assets have evolved over time, based on quarterly financial data. See SAT defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Somboon Advance Technology Public Company Limited (2003–2025)
The table below shows the annual net assets of Somboon Advance Technology Public Company Limited from 2003 to 2025. For live valuation and market cap data, see SAT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿8.34 Billion ≈ $259.92 Million |
+0.12% |
| 2024-12-31 | ฿8.33 Billion ≈ $259.62 Million |
+0.44% |
| 2023-12-31 | ฿8.29 Billion ≈ $258.49 Million |
+4.10% |
| 2022-12-31 | ฿7.97 Billion ≈ $248.30 Million |
+4.24% |
| 2021-12-31 | ฿7.64 Billion ≈ $238.21 Million |
+7.78% |
| 2020-12-31 | ฿7.09 Billion ≈ $221.01 Million |
-1.56% |
| 2019-12-31 | ฿7.20 Billion ≈ $224.52 Million |
+4.60% |
| 2018-12-31 | ฿6.89 Billion ≈ $214.65 Million |
+7.27% |
| 2017-12-31 | ฿6.42 Billion ≈ $200.11 Million |
+9.06% |
| 2016-12-31 | ฿5.89 Billion ≈ $183.49 Million |
+6.44% |
| 2015-12-31 | ฿5.53 Billion ≈ $172.39 Million |
+6.01% |
| 2014-12-31 | ฿5.22 Billion ≈ $162.62 Million |
+7.08% |
| 2013-12-31 | ฿4.87 Billion ≈ $151.88 Million |
+0.86% |
| 2012-12-31 | ฿4.83 Billion ≈ $150.59 Million |
+15.52% |
| 2011-12-31 | ฿4.18 Billion ≈ $130.36 Million |
+0.17% |
| 2010-12-31 | ฿4.18 Billion ≈ $130.14 Million |
+45.57% |
| 2009-12-31 | ฿2.87 Billion ≈ $89.40 Million |
+12.00% |
| 2008-12-31 | ฿2.56 Billion ≈ $79.82 Million |
+13.61% |
| 2007-12-31 | ฿2.25 Billion ≈ $70.26 Million |
+18.95% |
| 2006-12-31 | ฿1.90 Billion ≈ $59.07 Million |
+17.47% |
| 2005-12-31 | ฿1.61 Billion ≈ $50.28 Million |
+360.83% |
| 2004-12-31 | ฿350.06 Million ≈ $10.91 Million |
+32.99% |
| 2003-12-31 | ฿263.23 Million ≈ $8.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Somboon Advance Technology 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 14052.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿7.15 Billion | 85.51% |
| Other Components | ฿1.21 Billion | 14.49% |
| Total Equity | ฿8.36 Billion | 100.00% |
Somboon Advance Technology Public Company Limited Competitors by Market Cap
The table below lists competitors of Somboon Advance Technology Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meridian Bank
NASDAQ:MRBK
|
$208.24 Million |
|
Panca Budi Idaman Tbk PT
JK:PBID
|
$208.31 Million |
|
AMIA Co. Ltd.
TW:8438
|
$208.46 Million |
|
Yesco Holdings Co. Ltd
KO:015360
|
$208.47 Million |
|
Inspired Entertainment Inc
NASDAQ:INSE
|
$208.07 Million |
|
Pitanium Ltd
NASDAQ:PTNM
|
$207.93 Million |
|
Dream Office Real Estate Investment Trust
TO:D-UN
|
$207.90 Million |
|
P.C.B Tec
TA:PCBT
|
$207.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Somboon Advance Technology Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,337,002,961 to 8,359,918,332, a change of 22,915,371 (0.3%).
- Net income of 730,453,041 contributed positively to equity growth.
- Dividend payments of 697,317,782 reduced retained earnings.
- Other comprehensive income decreased equity by 55,671,181.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿730.45 Million | +8.74% |
| Dividends Paid | ฿697.32 Million | -8.34% |
| Other Comprehensive Income | ฿-55.67 Million | -0.67% |
| Other Changes | ฿45.45 Million | +0.54% |
| Total Change | ฿- | 0.27% |
Book Value vs Market Value Analysis
This analysis compares Somboon Advance Technology 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: 0.80x
- 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 9.65x to 0.80x 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 | ฿1.63 | ฿15.70 | x |
| 2005-12-31 | ฿4.38 | ฿15.70 | x |
| 2006-12-31 | ฿5.07 | ฿15.70 | x |
| 2007-12-31 | ฿6.01 | ฿15.70 | x |
| 2008-12-31 | ฿6.84 | ฿15.70 | x |
| 2009-12-31 | ฿7.65 | ฿15.70 | x |
| 2010-12-31 | ฿10.74 | ฿15.70 | x |
| 2011-12-31 | ฿9.84 | ฿15.70 | x |
| 2012-12-31 | ฿11.37 | ฿15.70 | x |
| 2013-12-31 | ฿11.47 | ฿15.70 | x |
| 2014-12-31 | ฿12.27 | ฿15.70 | x |
| 2015-12-31 | ฿13.01 | ฿15.70 | x |
| 2016-12-31 | ฿13.85 | ฿15.70 | x |
| 2017-12-31 | ฿15.10 | ฿15.70 | x |
| 2018-12-31 | ฿16.20 | ฿15.70 | x |
| 2019-12-31 | ฿16.83 | ฿15.70 | x |
| 2020-12-31 | ฿16.56 | ฿15.70 | x |
| 2021-12-31 | ฿17.97 | ฿15.70 | x |
| 2022-12-31 | ฿18.70 | ฿15.70 | x |
| 2023-12-31 | ฿19.50 | ฿15.70 | x |
| 2024-12-31 | ฿19.61 | ฿15.70 | x |
| 2025-12-31 | ฿19.66 | ฿15.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Somboon Advance Technology 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): 8.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.70%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.20x
- Recent ROE (8.74%) is below the historical average (19.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.08% | 7.65% | 0.95x | 2.22x | ฿16.01 Million |
| 2004 | 133.26% | 18.44% | 0.71x | 10.21x | ฿431.48 Million |
| 2005 | 27.35% | 10.96% | 0.89x | 2.80x | ฿279.82 Million |
| 2006 | 23.36% | 10.08% | 0.94x | 2.46x | ฿253.10 Million |
| 2007 | 26.23% | 11.61% | 0.93x | 2.42x | ฿365.73 Million |
| 2008 | 24.78% | 10.69% | 0.93x | 2.48x | ฿378.59 Million |
| 2009 | 10.96% | 7.24% | 0.70x | 2.16x | ฿27.62 Million |
| 2010 | 18.47% | 12.06% | 0.79x | 1.93x | ฿353.82 Million |
| 2011 | 9.76% | 6.36% | 0.73x | 2.11x | ฿-10.06 Million |
| 2012 | 16.89% | 8.67% | 0.93x | 2.09x | ฿332.64 Million |
| 2013 | 19.83% | 10.77% | 0.90x | 2.04x | ฿478.83 Million |
| 2014 | 12.45% | 8.04% | 0.82x | 1.88x | ฿128.09 Million |
| 2015 | 11.60% | 7.42% | 0.90x | 1.74x | ฿88.45 Million |
| 2016 | 10.32% | 7.32% | 0.88x | 1.60x | ฿18.87 Million |
| 2017 | 12.64% | 9.44% | 0.90x | 1.49x | ฿169.24 Million |
| 2018 | 13.30% | 11.17% | 0.90x | 1.32x | ฿226.93 Million |
| 2019 | 12.50% | 11.18% | 0.86x | 1.30x | ฿178.84 Million |
| 2020 | 5.27% | 6.31% | 0.66x | 1.27x | ฿-333.03 Million |
| 2021 | 12.47% | 11.08% | 0.87x | 1.29x | ฿188.41 Million |
| 2022 | 11.82% | 10.52% | 0.86x | 1.30x | ฿144.92 Million |
| 2023 | 11.80% | 10.65% | 0.88x | 1.25x | ฿149.59 Million |
| 2024 | 8.40% | 9.43% | 0.74x | 1.21x | ฿-132.98 Million |
| 2025 | 8.74% | 10.70% | 0.68x | 1.20x | ฿-105.54 Million |
Industry Comparison
This section compares Somboon Advance Technology 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: $2,003,294,107
- Average return on equity (ROE) among peers: 6.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Somboon Advance Technology Public Company Limited (SAT) | ฿8.34 Billion | 16.08% | 0.20x | $208.07 Million |
| AAPICO Hitech Public Company Limited (AH) | $6.24 Billion | 8.71% | 0.78x | $146.66 Million |
| CPR Gomu Industrial PCL (CPR) | $370.11 Million | 0.43% | 0.18x | $15.75 Million |
| Chai Watana Tannery Group Public Company Limited (CWT) | $1.71 Billion | -6.80% | 1.12x | $18.27 Million |
| Fortune Parts Industry Public Company Limited (FPI) | $887.64 Million | 22.45% | 1.48x | $70.27 Million |
| Goodyear (Thailand) Public Company Limited (GYT) | $3.59 Billion | 9.17% | 0.25x | $41.98 Million |
| Hwa Fong Rubber (Thailand) Public Company Limited (HFT) | $1.35 Billion | 5.64% | 0.39x | $82.09 Million |
| Interhides Public Company Limited (IHL) | $1.66 Billion | 6.02% | 1.23x | $25.13 Million |
| Ingress Industrial (Thailand) Public Company Limited (INGRS) | $924.54 Million | 1.55% | 3.86x | $16.24 Million |
| Inoue Rubber (Thailand) Public Company Limited (IRC) | $2.40 Billion | 17.07% | 0.62x | $70.69 Million |
| N.D. Rubber Public Company Limited (NDR) | $908.86 Million | 4.58% | 0.35x | $27.48 Million |
About Somboon Advance Technology Public Company Limited
Somboon Advance Technology Public Company Limited, together with its subsidiaries, engages in the manufacturing and sale of automotive parts for pickup and trucks, passenger cars, and agricultural machinery in Thailand. The company operates through Axles and Trunnion Shafts, and Other Auto Parts and Others segments. It offers exhaust manifold, camshaft, flywheel, stabilizer bar, inner shaft, brak… Read more