The Siam Commercial Bank Public Company Limited (SCB-R) - Net Assets
Based on the latest financial reports, The Siam Commercial Bank Public Company Limited (SCB-R) has net assets worth ฿486.49 Billion THB (≈ $15.16 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.51 Trillion ≈ $109.33 Billion USD) and total liabilities (฿3.02 Trillion ≈ $94.17 Billion 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 SCB-R asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿486.49 Billion |
| % of Total Assets | 13.87% |
| Annual Growth Rate | 9.11% |
| 5-Year Change | 20.16% |
| 10-Year Change | 60.82% |
| Growth Volatility | 10.19 |
The Siam Commercial Bank Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how The Siam Commercial Bank Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore total assets of The Siam Commercial Bank Public Company for the complete picture of this company's asset base.
Annual Net Assets for The Siam Commercial Bank Public Company Limited (2000–2024)
The table below shows the annual net assets of The Siam Commercial Bank Public Company Limited from 2000 to 2024. For live valuation and market cap data, see market value of The Siam Commercial Bank Public Company .
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿494.84 Billion ≈ $15.42 Billion |
+2.30% |
| 2023-12-31 | ฿483.73 Billion ≈ $15.08 Billion |
+3.67% |
| 2022-12-31 | ฿466.61 Billion ≈ $14.54 Billion |
+5.04% |
| 2021-12-31 | ฿444.22 Billion ≈ $13.85 Billion |
+7.87% |
| 2020-12-31 | ฿411.83 Billion ≈ $12.84 Billion |
+2.74% |
| 2019-12-31 | ฿400.85 Billion ≈ $12.49 Billion |
+5.21% |
| 2018-12-31 | ฿380.98 Billion ≈ $11.87 Billion |
+4.73% |
| 2017-12-31 | ฿363.76 Billion ≈ $11.34 Billion |
+8.81% |
| 2016-12-31 | ฿334.30 Billion ≈ $10.42 Billion |
+8.65% |
| 2015-12-31 | ฿307.69 Billion ≈ $9.59 Billion |
+7.47% |
| 2014-12-31 | ฿286.30 Billion ≈ $8.92 Billion |
+15.42% |
| 2013-12-31 | ฿248.04 Billion ≈ $7.73 Billion |
+13.18% |
| 2012-12-31 | ฿219.16 Billion ≈ $6.83 Billion |
+17.08% |
| 2011-12-31 | ฿187.18 Billion ≈ $5.83 Billion |
+20.68% |
| 2010-12-31 | ฿155.11 Billion ≈ $4.83 Billion |
+9.38% |
| 2009-12-31 | ฿141.80 Billion ≈ $4.42 Billion |
+10.88% |
| 2008-12-31 | ฿127.90 Billion ≈ $3.99 Billion |
+14.38% |
| 2007-12-31 | ฿111.82 Billion ≈ $3.49 Billion |
+11.20% |
| 2006-12-31 | ฿100.56 Billion ≈ $3.13 Billion |
+2.10% |
| 2005-12-31 | ฿98.49 Billion ≈ $3.07 Billion |
+18.52% |
| 2004-12-31 | ฿83.10 Billion ≈ $2.59 Billion |
+8.40% |
| 2003-12-31 | ฿76.66 Billion ≈ $2.39 Billion |
+44.46% |
| 2002-12-31 | ฿53.06 Billion ≈ $1.65 Billion |
-15.61% |
| 2001-12-31 | ฿62.88 Billion ≈ $1.96 Billion |
+3.00% |
| 2000-12-31 | ฿61.04 Billion ≈ $1.90 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to The Siam Commercial Bank 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 41975057800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿419.75 Billion | 85.90% |
| Other Components | ฿68.89 Billion | 14.10% |
| Total Equity | ฿488.64 Billion | 100.00% |
The Siam Commercial Bank Public Company Limited Competitors by Market Cap
The table below lists competitors of The Siam Commercial Bank Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
YPF Sociedad Anónima
F:YPF
|
$13.22 Billion |
|
Ascendis Pharma AS
F:A71
|
$13.23 Billion |
|
Toll Brothers Inc
NYSE:TOL
|
$13.24 Billion |
|
ARC Resources Ltd.
TO:ARX
|
$13.26 Billion |
|
NAT.B.GR. SPONS.ADR/1
F:NAG
|
$13.22 Billion |
|
Sociedad Química y Minera de Chile S.A.
SN:SQM-B
|
$13.22 Billion |
|
Universal Scientific Industrial Shanghai Co Ltd
SHG:601231
|
$13.21 Billion |
|
Smith & Nephew SNATS Inc
NYSE:SNN
|
$13.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Siam Commercial Bank Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 478,082,219,000 to 488,635,595,000, a change of 10,553,376,000 (2.2%).
- Net income of 43,943,013,000 contributed positively to equity growth.
- Dividend payments of 33,132,336,000 reduced retained earnings.
- Other comprehensive income decreased equity by 24,233,387,000.
- Other factors increased equity by 23,976,086,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿43.94 Billion | +8.99% |
| Dividends Paid | ฿33.13 Billion | -6.78% |
| Other Comprehensive Income | ฿-24.23 Billion | -4.96% |
| Other Changes | ฿23.98 Billion | +4.91% |
| Total Change | ฿- | 2.21% |
Book Value vs Market Value Analysis
This analysis compares The Siam Commercial Bank 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: 0.87x
- 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 6.54x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | ฿19.27 | ฿126.00 | x |
| 2001-12-31 | ฿19.78 | ฿126.00 | x |
| 2002-12-31 | ฿53.79 | ฿126.00 | x |
| 2003-12-31 | ฿22.20 | ฿126.00 | x |
| 2004-12-31 | ฿24.53 | ฿126.00 | x |
| 2005-12-31 | ฿28.74 | ฿126.00 | x |
| 2006-12-31 | ฿29.28 | ฿126.00 | x |
| 2007-12-31 | ฿32.63 | ฿126.00 | x |
| 2008-12-31 | ฿37.42 | ฿126.00 | x |
| 2009-12-31 | ฿41.49 | ฿126.00 | x |
| 2010-12-31 | ฿45.40 | ฿126.00 | x |
| 2011-12-31 | ฿54.68 | ฿126.00 | x |
| 2012-12-31 | ฿64.02 | ฿126.00 | x |
| 2013-12-31 | ฿72.45 | ฿126.00 | x |
| 2014-12-31 | ฿83.95 | ฿126.00 | x |
| 2015-12-31 | ฿90.46 | ฿126.00 | x |
| 2016-12-31 | ฿98.29 | ฿126.00 | x |
| 2017-12-31 | ฿106.93 | ฿126.00 | x |
| 2018-12-31 | ฿111.81 | ฿126.00 | x |
| 2019-12-31 | ฿117.79 | ฿126.00 | x |
| 2020-12-31 | ฿121.04 | ฿126.00 | x |
| 2021-12-31 | ฿130.21 | ฿126.00 | x |
| 2022-12-31 | ฿136.59 | ฿126.00 | x |
| 2023-12-31 | ฿141.99 | ฿126.00 | x |
| 2024-12-31 | ฿145.12 | ฿126.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Siam Commercial Bank 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): 8.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.90%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 7.14x
- Recent ROE (8.99%) is below the historical average (11.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 5.92% | 15.39% | 0.03x | 11.96x | ฿-2.46 Billion |
| 2001 | 0.65% | 2.15% | 0.03x | 11.67x | ฿-5.79 Billion |
| 2002 | -23.96% | -43.31% | 0.04x | 12.97x | ฿-17.70 Billion |
| 2003 | 16.50% | 42.31% | 0.04x | 9.89x | ฿4.91 Billion |
| 2004 | 22.54% | 45.42% | 0.05x | 9.32x | ฿10.29 Billion |
| 2005 | 19.33% | 44.51% | 0.05x | 8.34x | ฿9.11 Billion |
| 2006 | 13.35% | 25.71% | 0.05x | 10.37x | ฿3.34 Billion |
| 2007 | 15.65% | 28.21% | 0.05x | 10.51x | ฿6.27 Billion |
| 2008 | 16.83% | 31.13% | 0.06x | 9.76x | ฿8.69 Billion |
| 2009 | 14.72% | 30.36% | 0.05x | 9.18x | ฿6.66 Billion |
| 2010 | 15.69% | 31.79% | 0.05x | 9.57x | ฿8.77 Billion |
| 2011 | 19.51% | 40.02% | 0.05x | 10.10x | ฿17.69 Billion |
| 2012 | 18.48% | 27.77% | 0.06x | 10.43x | ฿18.46 Billion |
| 2013 | 20.40% | 29.47% | 0.07x | 10.29x | ฿25.61 Billion |
| 2014 | 18.69% | 30.23% | 0.07x | 9.46x | ฿24.80 Billion |
| 2015 | 15.35% | 24.71% | 0.07x | 9.02x | ฿16.44 Billion |
| 2016 | 14.25% | 25.22% | 0.06x | 8.72x | ฿14.20 Billion |
| 2017 | 11.87% | 22.47% | 0.06x | 8.32x | ฿6.81 Billion |
| 2018 | 10.54% | 20.25% | 0.06x | 8.39x | ฿2.06 Billion |
| 2019 | 10.10% | 21.57% | 0.06x | 7.40x | ฿400.57 Million |
| 2020 | 6.62% | 18.12% | 0.05x | 7.97x | ฿-13.93 Billion |
| 2021 | 8.04% | 22.88% | 0.05x | 7.49x | ฿-8.67 Billion |
| 2022 | 8.14% | 23.45% | 0.05x | 7.49x | ฿-8.58 Billion |
| 2023 | 9.10% | 34.13% | 0.04x | 7.19x | ฿-4.29 Billion |
| 2024 | 8.99% | 23.90% | 0.05x | 7.14x | ฿-4.92 Billion |
Industry Comparison
This section compares The Siam Commercial Bank Public Company Limited's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $381,305,919,717
- Average return on equity (ROE) among peers: 10.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Siam Commercial Bank Public Company Limited (SCB-R) | ฿486.49 Billion | 5.92% | 6.21x | $13.22 Billion |
| Bank of Ayudhya PCL (BAY) | $2.23 Trillion | 1.03% | 0.17x | $6.53 Billion |
| Bangkok Bank PCL (BBL) | $575.68 Billion | 7.99% | 7.00x | $9.67 Billion |
| CIMB Thai Bank Public Company Limited (CIMBT) | $38.52 Billion | 3.90% | 9.17x | $401.59 Million |
| Kasikornbank Public Company Limited (KBANK) | $25.82 Billion | 4.90% | 28.69x | $14.33 Billion |
| Kiatnakin Phatra Bank Public Company Limited (KKP) | $17.95 Billion | 12.42% | 6.10x | $2.01 Billion |
| Kiatnakin Phatra Bank Public Company Limited (KKP-R) | $58.11 Billion | 13.08% | 7.74x | $1.54 Billion |
| Krung Thai Bank Public Company Limited (KTB) | $250.30 Billion | 11.38% | 10.25x | $14.38 Billion |
| SCB X Public Company Limited (SCB) | $215.34 Billion | 18.22% | 9.54x | $13.75 Billion |
| TISCO Financial Group Public Company Limited (TISCO) | $23.22 Billion | 18.30% | 14.47x | $2.73 Billion |
About The Siam Commercial Bank Public Company Limited
SCB X Public Company Limited, together with its subsidiaries, engages banking, consumer and digital finance, and platform and technology businesses in Thailand and internationally. The company offers a portfolio consisting GEN 1, a banking business, including Siam Commercial Bank and associated financial management and insurance services; GEN 2, a consumer and digital finance business, which incl… Read more