Samart Aviation Solutions Public Company Limited
Samart Aviation Solutions Public Company Limited, an investment holding company, provides air traffic control services in Cambodia, Laos, and Thailand. The company offers air navigation services, including air traffic management, aeronautical communications, aeronautical information services, and flight procedure design services. It also provides programming for billing and payment processing, we… Read more
Samart Aviation Solutions Public Company Limited (SAV) - Net Assets
Latest net assets as of September 2024: ฿1.51 Billion THB
Based on the latest financial reports, Samart Aviation Solutions Public Company Limited (SAV) has net assets worth ฿1.51 Billion THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.08 Billion) and total liabilities (฿570.06 Million). 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 | ฿1.51 Billion |
| % of Total Assets | 72.57% |
| Annual Growth Rate | 62.8% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 270.74 |
Samart Aviation Solutions Public Company Limited - Net Assets Trend (2017–2023)
This chart illustrates how Samart Aviation Solutions 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 Samart Aviation Solutions Public Company Limited (2017–2023)
The table below shows the annual net assets of Samart Aviation Solutions Public Company Limited from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | ฿1.28 Billion | +276.21% |
| 2022-09-30 | ฿339.14 Million | +137.42% |
| 2021-09-30 | ฿142.84 Million | +181.74% |
| 2018-09-30 | ฿-174.75 Million | -354.79% |
| 2017-09-30 | ฿68.59 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Samart Aviation Solutions 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 decreased by 513.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿320.00 Million | 25.08% |
| Other Comprehensive Income | ฿32.00 Million | 2.51% |
| Other Components | ฿1.11 Billion | 86.62% |
| Total Equity | ฿1.28 Billion | 100.00% |
Samart Aviation Solutions Public Company Limited Competitors by Market Cap
The table below lists competitors of Samart Aviation Solutions Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LWSABAH
KLSE:5328
|
$36.92 Million |
|
Stellar Resources Ltd
AU:SRZ
|
$36.93 Million |
|
NDFOS Co. Ltd
KQ:238090
|
$36.93 Million |
|
Foodnamoo. Inc
KQ:290720
|
$36.93 Million |
|
Sanghi Industries Limited
NSE:SANGHIIND
|
$36.91 Million |
|
James Bay Minerals Ltd
AU:JBY
|
$36.90 Million |
|
Jantsa Jant Sanayi ve Ticaret AS
IS:JANTS
|
$36.89 Million |
|
Xilio Development Inc
NASDAQ:XLO
|
$36.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Samart Aviation Solutions Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 339,137,127 to 1,275,864,503, a change of 936,727,376 (276.2%).
- Net income of 271,553,035 contributed positively to equity growth.
- Dividend payments of 479,991,000 reduced retained earnings.
- New share issuances of 1,216,000,000 increased equity.
- Other factors decreased equity by 70,834,659.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿271.55 Million | +21.28% |
| Dividends Paid | ฿479.99 Million | -37.62% |
| Share Issuances | ฿1.22 Billion | +95.31% |
| Other Changes | ฿-70.83 Million | -5.55% |
| Total Change | ฿- | 276.21% |
Book Value vs Market Value Analysis
This analysis compares Samart Aviation Solutions 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: 5.35x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 107.31x to 5.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | ฿0.11 | ฿11.50 | x |
| 2018-09-30 | ฿-0.27 | ฿11.50 | x |
| 2021-09-30 | ฿0.22 | ฿11.50 | x |
| 2022-09-30 | ฿0.53 | ฿11.50 | x |
| 2023-09-30 | ฿2.15 | ฿11.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Samart Aviation Solutions 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): 21.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.51%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.47x
- Recent ROE (21.28%) is above the historical average (18.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 63.97% | 2.37% | 0.76x | 35.50x | ฿37.02 Million |
| 2018 | 0.00% | 13.10% | 0.81x | 0.00x | ฿270.32 Million |
| 2021 | -52.05% | -16.31% | 0.29x | 11.18x | ฿-88.63 Million |
| 2022 | 58.84% | 16.39% | 0.54x | 6.63x | ฿165.63 Million |
| 2023 | 21.28% | 16.51% | 0.87x | 1.47x | ฿143.97 Million |
Industry Comparison
This section compares Samart Aviation Solutions Public Company Limited's net assets metrics with peer companies in the Airports & Air Services industry.
Industry Context
- Industry: Airports & Air Services
- Average net assets among peers: $31,149,129,904
- Average return on equity (ROE) among peers: 10.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Samart Aviation Solutions Public Company Limited (SAV) | ฿1.51 Billion | 63.97% | 0.38x | $36.91 Million |
| Airports Of Thailand PCL (AOT) | $58.48 Billion | 8.16% | 0.86x | $5.84 Billion |
| Bangkok Aviation Fuel Services Public Company Limited (BAFS) | $3.82 Billion | 13.81% | 0.93x | $51.69 Million |