SCG Decor PCL
SCG Decor Public Company Limited, through its subsidiaries, produces and distributes of ceramic tiles, sanitary ware, and other related products and services in Thailand, Vietnam, and internationally. The company operates through two segments, Decor Surfaces Business and Bathroom Business. It offers faucets and fittings, porcelain tiles, floor and wall tiles, tile adhesive, and grout products. Th… Read more
SCG Decor PCL (SCGD) - Net Assets
Latest net assets as of June 2024: ฿22.03 Billion THB
Based on the latest financial reports, SCG Decor PCL (SCGD) has net assets worth ฿22.03 Billion THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿42.07 Billion) and total liabilities (฿20.05 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 | ฿22.03 Billion |
| % of Total Assets | 52.35% |
| Annual Growth Rate | -24.03% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 31.11 |
SCG Decor PCL - Net Assets Trend (2021–2023)
This chart illustrates how SCG Decor PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SCG Decor PCL (2021–2023)
The table below shows the annual net assets of SCG Decor PCL from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | ฿21.31 Billion | +13.21% |
| 2022-09-30 | ฿18.82 Billion | -49.00% |
| 2021-09-30 | ฿36.91 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SCG Decor PCL'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 19.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿11.00 Billion | 55.83% |
| Other Components | ฿8.70 Billion | 44.17% |
| Total Equity | ฿19.70 Billion | 100.00% |
SCG Decor PCL Competitors by Market Cap
The table below lists competitors of SCG Decor PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TANAF
PINK:TANAF
|
$61.53 Million |
|
ROBERT WALTERS PLC LS-20
F:RBW
|
$61.53 Million |
|
Stealth Group Holdings Ltd
AU:SGI
|
$61.54 Million |
|
ABL GROUP ASA NA NK-10
F:26Q
|
$61.55 Million |
|
Blueharbor Bank
OTCQX:BLHK
|
$61.50 Million |
|
Auxly Cannabis Group Inc
OTCQX:CBWTF
|
$61.49 Million |
|
Scandinavian Astor Group AB
ST:ASTOR
|
$61.48 Million |
|
City Retail Developments Tbk PT
JK:NIRO
|
$61.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SCG Decor PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,853,638,000 to 19,696,716,000, a change of 3,843,078,000 (24.2%).
- Net income of 327,745,000 contributed positively to equity growth.
- Dividend payments of 4,080,134,000 reduced retained earnings.
- New share issuances of 6,833,281,000 increased equity.
- Other factors increased equity by 762,186,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿327.75 Million | +1.66% |
| Dividends Paid | ฿4.08 Billion | -20.71% |
| Share Issuances | ฿6.83 Billion | +34.69% |
| Other Changes | ฿762.19 Million | +3.87% |
| Total Change | ฿- | 24.24% |
Book Value vs Market Value Analysis
This analysis compares SCG Decor PCL'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: 0.43x
- 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 increased from 0.26x to 0.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | ฿19.82 | ฿5.10 | x |
| 2022-09-30 | ฿9.61 | ฿5.10 | x |
| 2023-09-30 | ฿11.94 | ฿5.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SCG Decor PCL 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): 1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.16%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.11x
- Recent ROE (1.66%) is above the historical average (-0.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.98% | 1.04% | 0.66x | 1.44x | ฿-2.95 Billion |
| 2022 | -2.66% | -1.20% | 0.87x | 2.56x | ฿-2.01 Billion |
| 2023 | 1.66% | 1.16% | 0.68x | 2.11x | ฿-1.64 Billion |
Industry Comparison
This section compares SCG Decor PCL's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $603,570,819
- Average return on equity (ROE) among peers: 6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SCG Decor PCL (SCGD) | ฿22.03 Billion | 0.98% | 0.91x | $61.51 Million |
| Chonburi Concrete Product Public Company Limited (CCP) | $1.46 Billion | -1.54% | 1.04x | $9.62 Million |
| CPanel PCL (CPANEL) | $453.90 Million | 14.97% | 0.51x | $3.90 Million |
| Dcon Products Public Company Limited (DCON) | $441.78 Million | 7.34% | 0.46x | $9.17 Million |
| General Engineering Public Company Limited (GEL) | $527.67 Million | -12.22% | 0.64x | $4.96 Million |
| Southern Concrete Pile PCL (SCP) | $442.74 Million | 10.24% | 1.50x | $31.95 Million |
| Sirakorn PCL (SK) | $423.20 Million | 11.79% | 0.28x | $4.35 Million |
| Smart Concrete Public Company Limited (SMART) | $671.77 Million | 15.87% | 0.22x | $5.27 Million |
| STC Concrete Product Public Company Limited (STC) | $366.28 Million | 2.62% | 1.17x | $1.51 Million |
| STONE ONE PUBLIC COMPANY LIMITED (STX) | $643.44 Million | 5.91% | 0.18x | $3.55 Million |