Siam City Cement Public Company Limited (SCCC) - Net Assets
Based on the latest financial reports, Siam City Cement Public Company Limited (SCCC) has net assets worth ฿39.72 Billion THB (≈ $1.24 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿78.17 Billion ≈ $2.44 Billion USD) and total liabilities (฿38.45 Billion ≈ $1.20 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 Siam City Cement Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿39.72 Billion |
| % of Total Assets | 50.81% |
| Annual Growth Rate | 4.64% |
| 5-Year Change | 23.21% |
| 10-Year Change | 93.6% |
| Growth Volatility | 14.22 |
Siam City Cement Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Siam City Cement Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore SCCC total assets for the complete picture of this company's asset base.
Annual Net Assets for Siam City Cement Public Company Limited (2000–2024)
The table below shows the annual net assets of Siam City Cement Public Company Limited from 2000 to 2024. For live valuation and market cap data, see market value of Siam City Cement Public Company Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿42.77 Billion ≈ $1.33 Billion |
+26.36% |
| 2023-12-31 | ฿33.85 Billion ≈ $1.06 Billion |
-1.90% |
| 2022-12-31 | ฿34.50 Billion ≈ $1.08 Billion |
-12.04% |
| 2021-12-31 | ฿39.23 Billion ≈ $1.22 Billion |
+13.00% |
| 2020-12-31 | ฿34.71 Billion ≈ $1.08 Billion |
+6.25% |
| 2019-12-31 | ฿32.67 Billion ≈ $1.02 Billion |
-5.41% |
| 2018-12-31 | ฿34.54 Billion ≈ $1.08 Billion |
-3.89% |
| 2017-12-31 | ฿35.94 Billion ≈ $1.12 Billion |
+62.30% |
| 2016-12-31 | ฿22.14 Billion ≈ $690.22 Million |
+0.24% |
| 2015-12-31 | ฿22.09 Billion ≈ $688.59 Million |
+5.69% |
| 2014-12-31 | ฿20.90 Billion ≈ $651.52 Million |
+8.62% |
| 2013-12-31 | ฿19.24 Billion ≈ $599.83 Million |
+9.02% |
| 2012-12-31 | ฿17.65 Billion ≈ $550.21 Million |
+3.79% |
| 2011-12-31 | ฿17.01 Billion ≈ $530.11 Million |
+2.80% |
| 2010-12-31 | ฿16.54 Billion ≈ $515.66 Million |
+1.01% |
| 2009-12-31 | ฿16.38 Billion ≈ $510.51 Million |
+3.37% |
| 2008-12-31 | ฿15.85 Billion ≈ $493.89 Million |
-0.28% |
| 2007-12-31 | ฿15.89 Billion ≈ $495.29 Million |
+1.51% |
| 2006-12-31 | ฿15.65 Billion ≈ $487.93 Million |
-6.83% |
| 2005-12-31 | ฿16.80 Billion ≈ $523.72 Million |
+5.43% |
| 2004-12-31 | ฿15.94 Billion ≈ $496.77 Million |
-10.46% |
| 2003-12-31 | ฿17.80 Billion ≈ $554.79 Million |
+6.14% |
| 2002-12-31 | ฿16.77 Billion ≈ $522.67 Million |
+5.45% |
| 2001-12-31 | ฿15.90 Billion ≈ $495.67 Million |
+10.33% |
| 2000-12-31 | ฿14.41 Billion ≈ $449.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Siam City Cement 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 1429006500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿14.29 Billion | 41.18% |
| Common Stock | ฿2.98 Billion | 8.59% |
| Other Comprehensive Income | ฿300.00 Million | 0.86% |
| Other Components | ฿17.13 Billion | 49.36% |
| Total Equity | ฿34.70 Billion | 100.00% |
Siam City Cement Public Company Limited Competitors by Market Cap
The table below lists competitors of Siam City Cement Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yantai Changyu Pioneer Wine Co Ltd
SHE:000869
|
$1.30 Billion |
|
East China Engineering Science and Technology Co Ltd
SHE:002140
|
$1.30 Billion |
|
Shenzhen Terca Technology Co Ltd
SHE:002213
|
$1.30 Billion |
|
AnShan Heavy Duty Mining Machinery Co Ltd
SHE:002667
|
$1.30 Billion |
|
Yihai International Holding Ltd
F:YIR
|
$1.30 Billion |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
$1.30 Billion |
|
ConnectOne Bancorp Inc
NASDAQ:CNOB
|
$1.29 Billion |
|
Jiangsu Shuangxing Color Plastic New Materials Co Ltd
SHE:002585
|
$1.29 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Siam City Cement Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,981,089,000 to 34,698,266,000, a change of 1,717,177,000 (5.2%).
- Net income of 5,387,967,000 contributed positively to equity growth.
- Dividend payments of 3,534,443,000 reduced retained earnings.
- New share issuances of 187,500,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿5.39 Billion | +15.53% |
| Dividends Paid | ฿3.53 Billion | -10.19% |
| Share Issuances | ฿187.50 Million | +0.54% |
| Other Changes | ฿-323.85 Million | -0.93% |
| Total Change | ฿- | 5.21% |
Book Value vs Market Value Analysis
This analysis compares Siam City Cement 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: 1.20x
- 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 2.08x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ฿67.18 | ฿139.50 | x |
| 2004-12-31 | ฿64.01 | ฿139.50 | x |
| 2005-12-31 | ฿68.22 | ฿139.50 | x |
| 2006-12-31 | ฿64.31 | ฿139.50 | x |
| 2007-12-31 | ฿66.61 | ฿139.50 | x |
| 2008-12-31 | ฿66.41 | ฿139.50 | x |
| 2009-12-31 | ฿68.64 | ฿139.50 | x |
| 2010-12-31 | ฿69.33 | ฿139.50 | x |
| 2011-12-31 | ฿71.28 | ฿139.50 | x |
| 2012-12-31 | ฿73.98 | ฿139.50 | x |
| 2013-12-31 | ฿80.65 | ฿139.50 | x |
| 2014-12-31 | ฿87.60 | ฿139.50 | x |
| 2015-12-31 | ฿92.61 | ฿139.50 | x |
| 2016-12-31 | ฿93.05 | ฿139.50 | x |
| 2017-12-31 | ฿124.96 | ฿139.50 | x |
| 2018-12-31 | ฿110.84 | ฿139.50 | x |
| 2019-12-31 | ฿105.35 | ฿139.50 | x |
| 2020-12-31 | ฿111.96 | ฿139.50 | x |
| 2021-12-31 | ฿126.55 | ฿139.50 | x |
| 2022-12-31 | ฿111.54 | ฿139.50 | x |
| 2023-12-31 | ฿110.67 | ฿139.50 | x |
| 2024-12-31 | ฿116.44 | ฿139.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Siam City Cement 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): 15.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.30%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.35x
- Recent ROE (15.53%) is below the historical average (16.45%), 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 | 6.79% | 6.68% | 0.60x | 1.69x | ฿-450.91 Million |
| 2002 | 15.87% | 15.43% | 0.82x | 1.26x | ฿961.43 Million |
| 2003 | 18.88% | 18.72% | 0.83x | 1.22x | ฿1.55 Billion |
| 2004 | 25.98% | 19.52% | 1.05x | 1.26x | ฿2.55 Billion |
| 2005 | 24.24% | 17.93% | 1.08x | 1.25x | ฿2.39 Billion |
| 2006 | 24.63% | 16.09% | 1.16x | 1.32x | ฿2.29 Billion |
| 2007 | 20.33% | 13.99% | 1.07x | 1.35x | ฿1.64 Billion |
| 2008 | 20.03% | 14.80% | 0.91x | 1.48x | ฿1.59 Billion |
| 2009 | 18.01% | 14.69% | 0.82x | 1.49x | ฿1.31 Billion |
| 2010 | 16.33% | 12.79% | 0.84x | 1.52x | ฿1.05 Billion |
| 2011 | 19.37% | 14.23% | 0.87x | 1.56x | ฿1.59 Billion |
| 2012 | 20.60% | 13.76% | 0.94x | 1.59x | ฿1.87 Billion |
| 2013 | 24.93% | 16.01% | 0.90x | 1.74x | ฿2.87 Billion |
| 2014 | 24.32% | 15.95% | 0.90x | 1.70x | ฿2.99 Billion |
| 2015 | 20.73% | 14.71% | 0.83x | 1.70x | ฿2.37 Billion |
| 2016 | 17.68% | 11.45% | 0.55x | 2.79x | ฿1.70 Billion |
| 2017 | 5.28% | 4.17% | 0.54x | 2.36x | ฿-1.63 Billion |
| 2018 | 9.15% | 6.75% | 0.56x | 2.41x | ฿-281.22 Million |
| 2019 | 10.06% | 6.63% | 0.61x | 2.49x | ฿17.59 Million |
| 2020 | 11.03% | 8.76% | 0.54x | 2.33x | ฿344.05 Million |
| 2021 | 11.26% | 10.19% | 0.51x | 2.17x | ฿476.38 Million |
| 2022 | 5.59% | 3.70% | 0.68x | 2.21x | ฿-1.47 Billion |
| 2023 | 8.13% | 6.35% | 0.61x | 2.11x | ฿-615.75 Million |
| 2024 | 15.53% | 12.30% | 0.54x | 2.35x | ฿1.92 Billion |
Industry Comparison
This section compares Siam City Cement Public Company Limited's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $8,071,054,384
- Average return on equity (ROE) among peers: 0.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Siam City Cement Public Company Limited (SCCC) | ฿39.72 Billion | 6.79% | 0.97x | $1.30 Billion |
| Chonburi Concrete Product Public Company Limited (CCP) | $573.31 Million | -34.45% | 4.88x | $23.29 Million |
| Dcon Products Public Company Limited (DCON) | $950.41 Million | 22.66% | 0.36x | $35.26 Million |
| General Engineering Public Company Limited (GEL) | $4.20 Billion | -10.95% | 1.51x | $8.05 Million |
| Southern Concrete Pile PCL (SCP) | $189.61 Million | 20.36% | 4.02x | $71.71 Million |
| Smart Concrete Public Company Limited (SMART) | $472.05 Million | -15.71% | 0.36x | $18.18 Million |
| Tipco Asphalt Public Company Limited (TASCO) | $1.84 Billion | 1.64% | 1.71x | $664.15 Million |
| Tipco Asphalt Public Company Limited (TASCO-R) | $5.89 Billion | 14.11% | 2.44x | $737.94 Million |
| TPI Polene Public Company Limited (TPIPL) | $57.71 Billion | 1.05% | 0.43x | $507.57 Million |
| Thai Wire Products Public Company Limited (TWP) | $809.93 Million | 5.36% | 0.83x | $9.57 Million |
About Siam City Cement Public Company Limited
Siam City Cement Public Company Limited, together with its subsidiaries, manufactures, imports, exports, and sells cement and cement related products in Thailand, Vietnam, Sri Lanka, Singapore, Australia, Cambodia, Bangladesh, Indonesia, India, Dubai, and internationally. It operates through four segments: Cement, Concrete and Aggregate, Waste Management and Industrial Services, Light Building Ma… Read more