SCG Packaging Public Company Limited
SCG Packaging Public Company Limited provides consumer packaging solutions in Thailand, Vietnam, Indonesia, China, and internationally. It operates through Integrated Packaging Business, Fibrous Business, and Recycling Business and Corporate segments. The Integrated Packaging segment offers fiber packaging, such as corrugated containers; retail display packaging; packaging paper products, includi… Read more
SCG Packaging Public Company Limited (SCGP) - Net Assets
Latest net assets as of December 2025: ฿90.12 Billion THB
Based on the latest financial reports, SCG Packaging Public Company Limited (SCGP) has net assets worth ฿90.12 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿176.53 Billion) and total liabilities (฿86.42 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 | ฿90.12 Billion |
| % of Total Assets | 51.05% |
| Annual Growth Rate | 6.55% |
| 5-Year Change | -26.32% |
| 10-Year Change | 70.83% |
| Growth Volatility | 22.97 |
SCG Packaging Public Company Limited - Net Assets Trend (2014–2025)
This chart illustrates how SCG Packaging 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 SCG Packaging Public Company Limited (2014–2025)
The table below shows the annual net assets of SCG Packaging Public Company Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿90.12 Billion | -5.43% |
| 2024-12-31 | ฿95.29 Billion | -6.99% |
| 2023-12-31 | ฿102.45 Billion | -16.69% |
| 2022-12-31 | ฿122.97 Billion | +0.55% |
| 2021-12-31 | ฿122.30 Billion | +11.34% |
| 2020-12-31 | ฿109.84 Billion | +74.86% |
| 2019-12-31 | ฿62.82 Billion | +17.94% |
| 2018-12-31 | ฿53.26 Billion | -4.30% |
| 2017-12-31 | ฿55.65 Billion | +5.50% |
| 2016-12-31 | ฿52.75 Billion | +9.16% |
| 2015-12-31 | ฿48.33 Billion | +7.78% |
| 2014-12-31 | ฿44.84 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SCG Packaging 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 80.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿60.84 Billion | 81.77% |
| Other Components | ฿13.56 Billion | 18.23% |
| Total Equity | ฿74.40 Billion | 100.00% |
SCG Packaging Public Company Limited Competitors by Market Cap
The table below lists competitors of SCG Packaging Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Air New Zealand Limited
PINK:ANZFF
|
$553.25 Million |
|
Topoint Technology Co Ltd
TW:8021
|
$553.33 Million |
|
Reitir fasteignafélag hf
IC:REITIR
|
$553.38 Million |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
$553.49 Million |
|
Daishin Securities Co Ltd Pref 2
KO:003547
|
$552.98 Million |
|
Silicon2 Co. Ltd.
KQ:257720
|
$552.95 Million |
|
NEW HORIZ.HEAL. DL-00005
F:6YZ
|
$552.84 Million |
|
Télévision Française 1 Société anonyme
PINK:TVFCF
|
$552.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SCG Packaging Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 76,678,460,000 to 74,402,386,000, a change of -2,276,074,000 (-3.0%).
- Net income of 4,069,495,000 contributed positively to equity growth.
- Dividend payments of 2,360,599,000 reduced retained earnings.
- Other factors decreased equity by 3,984,970,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿4.07 Billion | +5.47% |
| Dividends Paid | ฿2.36 Billion | -3.17% |
| Other Changes | ฿-3.98 Billion | -5.36% |
| Total Change | ฿- | -2.97% |
Book Value vs Market Value Analysis
This analysis compares SCG Packaging 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: 1.07x
- 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 2.20x to 1.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿8.40 | ฿18.50 | x |
| 2015-12-31 | ฿9.01 | ฿18.50 | x |
| 2016-12-31 | ฿9.50 | ฿18.50 | x |
| 2017-12-31 | ฿10.08 | ฿18.50 | x |
| 2018-12-31 | ฿9.51 | ฿18.50 | x |
| 2019-12-31 | ฿9.54 | ฿18.50 | x |
| 2020-12-31 | ฿20.67 | ฿18.50 | x |
| 2021-12-31 | ฿22.56 | ฿18.50 | x |
| 2022-12-31 | ฿22.64 | ฿18.50 | x |
| 2023-12-31 | ฿17.97 | ฿18.50 | x |
| 2024-12-31 | ฿17.86 | ฿18.50 | x |
| 2025-12-31 | ฿17.33 | ฿18.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SCG Packaging 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): 5.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.27%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.37x
- Recent ROE (5.47%) is below the historical average (8.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 8.94% | 4.94% | 0.87x | 2.07x | ฿-377.42 Million |
| 2015 | 8.41% | 4.55% | 0.85x | 2.17x | ฿-609.05 Million |
| 2016 | 8.13% | 4.41% | 0.87x | 2.11x | ฿-755.33 Million |
| 2017 | 10.32% | 5.43% | 0.89x | 2.13x | ฿136.22 Million |
| 2018 | 15.00% | 6.95% | 0.94x | 2.31x | ฿2.02 Billion |
| 2019 | 12.27% | 5.92% | 0.64x | 3.25x | ฿973.31 Million |
| 2020 | 7.28% | 6.96% | 0.54x | 1.94x | ฿-2.42 Billion |
| 2021 | 8.57% | 6.68% | 0.60x | 2.14x | ฿-1.39 Billion |
| 2022 | 5.97% | 3.97% | 0.74x | 2.03x | ฿-3.92 Billion |
| 2023 | 6.79% | 4.06% | 0.65x | 2.57x | ฿-2.48 Billion |
| 2024 | 4.82% | 2.79% | 0.70x | 2.46x | ฿-3.97 Billion |
| 2025 | 5.47% | 3.27% | 0.70x | 2.37x | ฿-3.37 Billion |
Industry Comparison
This section compares SCG Packaging Public Company Limited's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $7,991,786,847
- Average return on equity (ROE) among peers: 11.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SCG Packaging Public Company Limited (SCGP) | ฿90.12 Billion | 8.94% | 0.96x | $553.20 Million |
| A.J. Plast Public Company Limited (AJ) | $4.49 Billion | -8.17% | 2.18x | $16.76 Million |
| BG Container Glass Public Company Limited (BGC) | $5.49 Billion | 9.54% | 2.41x | $20.50 Million |
| Crown Seal Public Company Limited (CSC) | $3.09 Billion | 8.09% | 0.19x | $21.57 Million |
| Multibax Public Company Limited (MBAX) | $145.76 Million | 53.71% | 4.54x | $5.52 Million |
| NEP Realty and Industry Public Company Limited (NEP) | $814.10 Million | 9.96% | 1.69x | $4.02 Million |
| Prodigy Public Company Limited (PDG) | $594.82 Million | 4.86% | 0.18x | $9.16 Million |
| Panjawattana Plastic Public Company Limited (PJW) | $1.10 Billion | 10.43% | 1.61x | $19.20 Million |
| PMC LABEL MATERIALS PUBLIC COMPANY LIMITED (PMC) | $547.95 Million | 7.39% | 0.94x | $2.85 Million |
| SCG PACKAGING PCL-NVDR (SCGP-R) | $55.65 Billion | 7.95% | 0.64x | $544.28 Million |