Southern Concrete Pile PCL (SCP) - Net Assets
Based on the latest financial reports, Southern Concrete Pile PCL (SCP) has net assets worth ฿2.20 Billion THB (≈ $68.55 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.68 Billion ≈ $83.59 Million USD) and total liabilities (฿482.71 Million ≈ $15.05 Million 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 tangible equity quality of Southern Concrete Pile PCL to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿2.20 Billion |
| % of Total Assets | 82.0% |
| Annual Growth Rate | 18.89% |
| 5-Year Change | 6.11% |
| 10-Year Change | 28.77% |
| Growth Volatility | 42.78 |
Southern Concrete Pile PCL - Net Assets Trend (2000–2025)
This chart illustrates how Southern Concrete Pile PCL's net assets have evolved over time, based on quarterly financial data. See Southern Concrete Pile PCL (SCP) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Southern Concrete Pile PCL (2000–2025)
The table below shows the annual net assets of Southern Concrete Pile PCL from 2000 to 2025. For live valuation and market cap data, see Southern Concrete Pile PCL stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿2.20 Billion ≈ $68.55 Million |
-6.03% |
| 2024-12-31 | ฿2.34 Billion ≈ $72.95 Million |
+9.10% |
| 2023-12-31 | ฿2.15 Billion ≈ $66.86 Million |
+3.90% |
| 2022-12-31 | ฿2.06 Billion ≈ $64.35 Million |
-0.39% |
| 2021-12-31 | ฿2.07 Billion ≈ $64.60 Million |
0.00% |
| 2020-12-31 | ฿2.07 Billion ≈ $64.60 Million |
+1.94% |
| 2019-12-31 | ฿2.03 Billion ≈ $63.37 Million |
+3.67% |
| 2018-12-31 | ฿1.96 Billion ≈ $61.13 Million |
+8.99% |
| 2017-12-31 | ฿1.80 Billion ≈ $56.09 Million |
+5.37% |
| 2016-12-31 | ฿1.71 Billion ≈ $53.23 Million |
+8.44% |
| 2015-12-31 | ฿1.58 Billion ≈ $49.09 Million |
+11.59% |
| 2014-12-31 | ฿1.41 Billion ≈ $43.99 Million |
+21.92% |
| 2013-12-31 | ฿1.16 Billion ≈ $36.08 Million |
+62.06% |
| 2012-12-31 | ฿714.34 Million ≈ $22.27 Million |
+49.20% |
| 2011-12-31 | ฿478.76 Million ≈ $14.92 Million |
+8.14% |
| 2010-12-31 | ฿442.74 Million ≈ $13.80 Million |
+17.38% |
| 2009-12-31 | ฿377.19 Million ≈ $11.76 Million |
+22.97% |
| 2008-12-31 | ฿306.73 Million ≈ $9.56 Million |
+5.35% |
| 2007-12-31 | ฿291.14 Million ≈ $9.07 Million |
+16.92% |
| 2006-12-31 | ฿249.02 Million ≈ $7.76 Million |
+31.33% |
| 2005-12-31 | ฿189.61 Million ≈ $5.91 Million |
+24.15% |
| 2004-12-31 | ฿152.72 Million ≈ $4.76 Million |
+37.88% |
| 2003-12-31 | ฿110.77 Million ≈ $3.45 Million |
+83.86% |
| 2002-12-31 | ฿60.25 Million ≈ $1.88 Million |
+201.50% |
| 2001-12-31 | ฿19.98 Million ≈ $622.85K |
-31.34% |
| 2000-12-31 | ฿29.10 Million ≈ $907.12K |
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Equity Component Analysis
This analysis shows how different components contribute to Southern Concrete Pile 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 grown by 191266723500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.91 Billion | 86.97% |
| Other Components | ฿286.56 Million | 13.03% |
| Total Equity | ฿2.20 Billion | 100.00% |
Southern Concrete Pile PCL Competitors by Market Cap
The table below lists competitors of Southern Concrete Pile PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SANUWAVE Health, Inc. Common Stock
NASDAQ:SNWV
|
$79.20 Million |
|
GeeCee Ventures Limited
NSE:GEECEE
|
$79.23 Million |
|
Life Settlement Assets PLC
LSE:LSAA
|
$79.24 Million |
|
The Intergroup Corporation
NASDAQ:INTG
|
$79.25 Million |
|
Vbt Yazilim AS
IS:VBTYZ
|
$79.19 Million |
|
Weir Group PLC
LSE:WEIR
|
$79.16 Million |
|
Industri Dan Perdagangan Bintraco Dharma Tbk PT
JK:CARS
|
$79.10 Million |
|
Aesler Grup Internasional Tbk Pt
JK:RONY
|
$79.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Southern Concrete Pile PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,340,328,675 to 2,199,228,969, a change of -141,099,706 (-6.0%).
- Net income of 292,616,914 contributed positively to equity growth.
- Dividend payments of 423,445,800 reduced retained earnings.
- Other comprehensive income decreased equity by 30,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿292.62 Million | +13.31% |
| Dividends Paid | ฿423.45 Million | -19.25% |
| Other Comprehensive Income | ฿-30.00 Million | -1.36% |
| Other Changes | ฿19.73 Million | +0.9% |
| Total Change | ฿- | -6.03% |
Book Value vs Market Value Analysis
This analysis compares Southern Concrete Pile 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: 1.16x
- 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 10.99x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿0.82 | ฿9.00 | x |
| 2007-12-31 | ฿0.97 | ฿9.00 | x |
| 2008-12-31 | ฿1.02 | ฿9.00 | x |
| 2009-12-31 | ฿1.26 | ฿9.00 | x |
| 2010-12-31 | ฿1.48 | ฿9.00 | x |
| 2011-12-31 | ฿1.60 | ฿9.00 | x |
| 2012-12-31 | ฿2.38 | ฿9.00 | x |
| 2013-12-31 | ฿3.86 | ฿9.00 | x |
| 2014-12-31 | ฿4.70 | ฿9.00 | x |
| 2015-12-31 | ฿5.25 | ฿9.00 | x |
| 2016-12-31 | ฿5.69 | ฿9.00 | x |
| 2017-12-31 | ฿6.00 | ฿9.00 | x |
| 2018-12-31 | ฿6.54 | ฿9.00 | x |
| 2019-12-31 | ฿6.78 | ฿9.00 | x |
| 2020-12-31 | ฿6.99 | ฿9.00 | x |
| 2021-12-31 | ฿7.12 | ฿9.00 | x |
| 2022-12-31 | ฿7.26 | ฿9.00 | x |
| 2023-12-31 | ฿7.60 | ฿9.00 | x |
| 2024-12-31 | ฿8.29 | ฿9.00 | x |
| 2025-12-31 | ฿7.79 | ฿9.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Southern Concrete Pile 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): 13.31%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.99%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 1.22x
- Recent ROE (13.31%) is below the historical average (18.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 51.23% | 5.31% | 0.66x | 14.62x | ฿24.84 Million |
| 2003 | 35.27% | 6.34% | 0.68x | 8.21x | ฿27.99 Million |
| 2004 | 51.74% | 7.07% | 1.23x | 5.97x | ฿63.74 Million |
| 2005 | 20.36% | 3.25% | 1.25x | 5.02x | ฿19.64 Million |
| 2006 | -1.95% | -0.43% | 1.14x | 4.01x | ฿-29.77 Million |
| 2007 | 16.51% | 4.26% | 1.16x | 3.34x | ฿18.96 Million |
| 2008 | 18.68% | 4.26% | 1.50x | 2.92x | ฿26.63 Million |
| 2009 | 9.27% | 3.34% | 1.14x | 2.43x | ฿-2.76 Million |
| 2010 | 10.24% | 3.48% | 1.18x | 2.50x | ฿1.06 Million |
| 2011 | 17.84% | 6.02% | 1.35x | 2.20x | ฿37.51 Million |
| 2012 | 30.76% | 13.73% | 1.27x | 1.76x | ฿148.32 Million |
| 2013 | 35.57% | 19.70% | 1.23x | 1.47x | ฿296.05 Million |
| 2014 | 23.53% | 19.06% | 0.99x | 1.25x | ฿190.97 Million |
| 2015 | 18.60% | 17.00% | 0.89x | 1.23x | ฿135.47 Million |
| 2016 | 15.62% | 16.86% | 0.76x | 1.22x | ฿95.96 Million |
| 2017 | 12.95% | 14.63% | 0.73x | 1.21x | ฿53.01 Million |
| 2018 | 14.65% | 14.05% | 0.87x | 1.20x | ฿91.26 Million |
| 2019 | 11.99% | 12.66% | 0.81x | 1.17x | ฿40.52 Million |
| 2020 | 10.40% | 12.97% | 0.69x | 1.16x | ฿8.38 Million |
| 2021 | 4.36% | 5.82% | 0.65x | 1.15x | ฿-116.95 Million |
| 2022 | 3.77% | 4.84% | 0.69x | 1.13x | ฿-128.56 Million |
| 2023 | 6.83% | 7.95% | 0.74x | 1.17x | ฿-67.98 Million |
| 2024 | 12.98% | 13.85% | 0.79x | 1.19x | ฿69.78 Million |
| 2025 | 13.31% | 12.99% | 0.84x | 1.22x | ฿72.69 Million |
Industry Comparison
This section compares Southern Concrete Pile PCL's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $7,359,304,282
- Average return on equity (ROE) among peers: 7.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Southern Concrete Pile PCL (SCP) | ฿2.20 Billion | 51.23% | 0.22x | $79.19 Million |
| Chonburi Concrete Product Public Company Limited (CCP) | $1.55 Billion | 0.76% | 0.90x | $23.29 Million |
| Dcon Products Public Company Limited (DCON) | $2.72 Billion | 2.18% | 0.40x | $31.90 Million |
| General Engineering Public Company Limited (GEL) | $3.91 Billion | -3.60% | 0.81x | $8.05 Million |
| Siam City Cement Public Company Limited (SCCC) | $15.89 Billion | 20.33% | 0.35x | $1.36 Billion |
| Smart Concrete Public Company Limited (SMART) | $427.10 Million | 4.87% | 0.62x | $17.53 Million |
| Tipco Asphalt Public Company Limited (TASCO) | $3.05 Billion | 11.26% | 1.43x | $683.83 Million |
| Tipco Asphalt Public Company Limited (TASCO-R) | $2.85 Billion | 17.11% | 3.39x | $737.94 Million |
| TPI Polene Public Company Limited (TPIPL) | $35.12 Billion | 0.00% | 1.04x | $466.25 Million |
| Thai Wire Products Public Company Limited (TWP) | $718.33 Million | 18.40% | 1.30x | $9.90 Million |
About Southern Concrete Pile PCL
Southern Concrete Pile Public Company Limited manufactures, sells, installs, and services prestressed concrete products in Thailand. The company offers prestressed concrete products comprising prestressed concrete piles, prestressed concrete spun piles, prestressed concrete slaps, prestressed plank girders, and retaining prestressed concrete piles. It also provides electricity concrete products, … Read more