SE-Education Public Company Limited (SE-ED) - Net Assets

Latest as of September 2025: ฿1.33 Billion THB ≈ $41.35 Million USD

Based on the latest financial reports, SE-Education Public Company Limited (SE-ED) has net assets worth ฿1.33 Billion THB (≈ $41.35 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.61 Billion ≈ $81.33 Million USD) and total liabilities (฿1.28 Billion ≈ $39.98 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. Also explore SE-ED asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.33 Billion
% of Total Assets	50.84%
Annual Growth Rate	5.3%
5-Year Change	11.54%
10-Year Change	33.11%
Growth Volatility	11.38

SE-Education Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how SE-Education Public Company Limited's net assets have evolved over time, based on quarterly financial data. Check SE-ED tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for SE-Education Public Company Limited (2000–2024)

The table below shows the annual net assets of SE-Education Public Company Limited from 2000 to 2024. For live valuation and market cap data, see SE-ED stock market capitalisation.

Year	Net Assets	Change
2024-12-31	฿1.32 Billion ≈ $41.22 Million	-1.75%
2023-12-31	฿1.35 Billion ≈ $41.96 Million	+15.99%
2022-12-31	฿1.16 Billion ≈ $36.17 Million	+2.98%
2021-12-31	฿1.13 Billion ≈ $35.13 Million	-4.96%
2020-12-31	฿1.19 Billion ≈ $36.96 Million	-4.68%
2019-12-31	฿1.24 Billion ≈ $38.77 Million	-1.71%
2018-12-31	฿1.27 Billion ≈ $39.45 Million	+1.76%
2017-12-31	฿1.24 Billion ≈ $38.77 Million	+29.43%
2016-12-31	฿960.96 Million ≈ $29.95 Million	-3.29%
2015-12-31	฿993.64 Million ≈ $30.97 Million	+0.78%
2014-12-31	฿985.90 Million ≈ $30.73 Million	+1.59%
2013-12-31	฿970.50 Million ≈ $30.25 Million	+3.84%
2012-12-31	฿934.61 Million ≈ $29.13 Million	+28.00%
2011-12-31	฿730.14 Million ≈ $22.76 Million	-6.99%
2010-12-31	฿785.01 Million ≈ $24.47 Million	+5.54%
2009-12-31	฿743.81 Million ≈ $23.18 Million	+13.95%
2008-12-31	฿652.77 Million ≈ $20.35 Million	-2.15%
2007-12-31	฿667.11 Million ≈ $20.79 Million	+0.32%
2006-12-31	฿665.01 Million ≈ $20.73 Million	+8.43%
2005-12-31	฿613.30 Million ≈ $19.12 Million	+19.07%
2004-12-31	฿515.08 Million ≈ $16.05 Million	-9.00%
2003-12-31	฿566.04 Million ≈ $17.64 Million	+8.10%
2002-12-31	฿523.62 Million ≈ $16.32 Million	+3.03%
2001-12-31	฿508.24 Million ≈ $15.84 Million	+32.66%
2000-12-31	฿383.11 Million ≈ $11.94 Million	--

Equity Component Analysis

This analysis shows how different components contribute to SE-Education 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 decreased by 6.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿86.69 Million	7.28%
Common Stock	฿391.94 Million	32.93%
Other Comprehensive Income	฿42.13 Million	3.54%
Other Components	฿669.35 Million	56.24%
Total Equity	฿1.19 Billion	100.00%

SE-Education Public Company Limited Competitors by Market Cap

The table below lists competitors of SE-Education Public Company Limited ranked by their market capitalization.

Company	Market Cap
Novatech Industries SA PA:MLNOV	$17.72 Million
RNI Negócios Imobiliários S.A SA:RDNI3	$17.72 Million
Argha Karya Prima Ind Tbk JK:AKPI	$17.72 Million
Vakif Menkul Kiymet Yatirim Ortakligi AS IS:VKFYO	$17.73 Million
Millcon Steel Public Company Limited BK:MILL	$17.71 Million
Konsolidator AS CO:KONSOL	$17.71 Million
Energean Oil & Gas PLC LSE:ENOG	$17.71 Million
Steady Safe TBK PT JK:SAFE	$17.71 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SE-Education Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,217,117,691 to 1,190,114,756, a change of -27,002,935 (-2.2%).
Net loss of 25,311,794 reduced equity.
Dividend payments of 6,053,285 reduced retained earnings.
Other comprehensive income decreased equity by 483,333,015.
Other factors increased equity by 487,695,159.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿-25.31 Million	-2.13%
Dividends Paid	฿6.05 Million	-0.51%
Other Comprehensive Income	฿-483.33 Million	-40.61%
Other Changes	฿487.70 Million	+40.98%
Total Change	฿-	-2.22%

Book Value vs Market Value Analysis

This analysis compares SE-Education 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: 0.48x
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 0.90x to 0.48x 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	฿1.62	฿1.45	x
2004-12-31	฿1.33	฿1.45	x
2005-12-31	฿1.59	฿1.45	x
2006-12-31	฿1.71	฿1.45	x
2007-12-31	฿1.68	฿1.45	x
2008-12-31	฿1.67	฿1.45	x
2009-12-31	฿1.76	฿1.45	x
2010-12-31	฿1.85	฿1.45	x
2011-12-31	฿1.70	฿1.45	x
2012-12-31	฿2.23	฿1.45	x
2013-12-31	฿2.32	฿1.45	x
2014-12-31	฿2.35	฿1.45	x
2015-12-31	฿2.35	฿1.45	x
2016-12-31	฿2.25	฿1.45	x
2017-12-31	฿2.95	฿1.45	x
2018-12-31	฿3.00	฿1.45	x
2019-12-31	฿2.96	฿1.45	x
2020-12-31	฿2.79	฿1.45	x
2021-12-31	฿2.63	฿1.45	x
2022-12-31	฿2.66	฿1.45	x
2023-12-31	฿3.11	฿1.45	x
2024-12-31	฿3.04	฿1.45	x

Capital Efficiency Dashboard

This dashboard shows how efficiently SE-Education 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): -2.13%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.28%
• Asset Turnover: 0.75x
• Equity Multiplier: 2.20x
Recent ROE (-2.13%) is below the historical average (15.01%), 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	17.69%	5.96%	1.60x	1.85x	฿29.46 Million
2001	24.34%	7.56%	1.81x	1.78x	฿72.91 Million
2002	19.53%	5.18%	1.90x	1.99x	฿49.89 Million
2003	27.68%	6.45%	2.20x	1.95x	฿100.05 Million
2004	22.71%	4.09%	2.58x	2.15x	฿65.45 Million
2005	30.64%	5.54%	2.35x	2.35x	฿126.58 Million
2006	31.46%	5.61%	2.52x	2.22x	฿142.69 Million
2007	27.55%	4.65%	2.27x	2.61x	฿117.09 Million
2008	29.64%	4.43%	2.39x	2.80x	฿128.18 Million
2009	31.41%	4.69%	2.17x	3.08x	฿147.62 Million
2010	33.51%	4.76%	2.24x	3.15x	฿170.52 Million
2011	33.70%	4.11%	2.23x	3.68x	฿158.39 Million
2012	23.30%	3.61%	2.15x	3.01x	฿116.12 Million
2013	7.95%	1.35%	2.06x	2.86x	฿-18.70 Million
2014	8.83%	1.65%	1.75x	3.04x	฿-10.76 Million
2015	7.68%	1.58%	1.74x	2.81x	฿-21.37 Million
2016	1.40%	0.29%	1.64x	2.93x	฿-75.96 Million
2017	-2.22%	-0.70%	1.35x	2.37x	฿-141.23 Million
2018	1.24%	0.44%	1.28x	2.19x	฿-103.01 Million
2019	1.92%	0.76%	1.19x	2.13x	฿-93.86 Million
2020	-1.64%	-0.86%	0.74x	2.57x	฿-127.08 Million
2021	-4.72%	-2.75%	0.70x	2.47x	฿-151.93 Million
2022	0.93%	0.49%	0.82x	2.33x	฿-94.63 Million
2023	2.96%	1.72%	0.80x	2.15x	฿-85.66 Million
2024	-2.13%	-1.28%	0.75x	2.20x	฿-144.32 Million

Industry Comparison

This section compares SE-Education Public Company Limited's net assets metrics with peer companies in the Specialty Retail industry.

Industry Context

Industry: Specialty Retail
Average net assets among peers: $8,167,814,874
Average return on equity (ROE) among peers: 15.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
SE-Education Public Company Limited (SE-ED)	฿1.33 Billion	17.69%	0.97x	$17.71 Million
Beauty Community Public Company Limited (BEAUTY)	$1.32 Billion	49.69%	0.33x	$33.60 Million
Big Camera Corporation Public Company Limited (BIG)	$-652.28 Million	0.00%	0.00x	$35.20 Million
Com7 PCL (COM7)	$5.30 Billion	49.62%	2.01x	$2.20 Billion
Com7 Public Company Limited (COM7-R)	$8.82 Billion	37.48%	2.02x	$1.85 Billion
Jay Mart Public Company Limited (JMART)	$32.72 Billion	-0.49%	0.71x	$511.06 Million
PTG Energy PCL (PTG)	$8.28 Billion	11.29%	4.45x	$400.80 Million
RPCG Public Company Limited (RPC)	$1.38 Billion	7.28%	1.42x	$14.64 Million
Singer Thailand Public Company Limited (SINGER-R)	$13.95 Billion	-23.01%	0.37x	$176.57 Million
TWZ Corporation Public Company Limited (TWZ)	$2.40 Billion	4.17%	1.02x	$9.90 Million

About SE-Education Public Company Limited

BK:SE-ED Thailand Specialty Retail

Market Cap

$17.71 Million

฿568.32 Million THB

Market Cap Rank

#25483 Global

#512 in Thailand

Share Price

฿1.45

Change (1 day)

+0.00%

52-Week Range

฿1.45 - ฿1.99

All Time High

฿5.49