Seafco Public Company Limited (SEAFCO) - Net Assets

Latest as of December 2025: ฿1.62 Billion THB ≈ $50.36 Million USD

Based on the latest financial reports, Seafco Public Company Limited (SEAFCO) has net assets worth ฿1.62 Billion THB (≈ $50.36 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 (฿2.52 Billion ≈ $78.70 Million USD) and total liabilities (฿909.13 Million ≈ $28.34 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 SEAFCO tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.62 Billion
% of Total Assets	63.99%
Annual Growth Rate	11.28%
5-Year Change	4.01%
10-Year Change	51.24%
Growth Volatility	53.68

Seafco Public Company Limited - Net Assets Trend (2003–2025)

This chart illustrates how Seafco Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Seafco Public Company Limited (SEAFCO) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Seafco Public Company Limited (2003–2025)

The table below shows the annual net assets of Seafco Public Company Limited from 2003 to 2025. For live valuation and market cap data, see SEAFCO company net worth.

Year	Net Assets	Change
2025-12-31	฿1.62 Billion ≈ $50.36 Million	+7.17%
2024-12-31	฿1.51 Billion ≈ $46.99 Million	-5.40%
2023-12-31	฿1.59 Billion ≈ $49.67 Million	+11.41%
2022-12-31	฿1.43 Billion ≈ $44.58 Million	-7.92%
2021-12-31	฿1.55 Billion ≈ $48.42 Million	-3.64%
2020-12-31	฿1.61 Billion ≈ $50.25 Million	-1.53%
2019-12-31	฿1.64 Billion ≈ $51.03 Million	+16.33%
2018-12-31	฿1.41 Billion ≈ $43.86 Million	+17.66%
2017-12-31	฿1.20 Billion ≈ $37.28 Million	+11.96%
2016-12-31	฿1.07 Billion ≈ $33.30 Million	+7.56%
2015-12-31	฿993.18 Million ≈ $30.96 Million	+8.31%
2014-12-31	฿916.97 Million ≈ $28.58 Million	+18.37%
2013-12-31	฿774.64 Million ≈ $24.14 Million	+18.16%
2012-12-31	฿655.60 Million ≈ $20.43 Million	+28.56%
2011-12-31	฿509.96 Million ≈ $15.89 Million	-12.72%
2010-12-31	฿584.25 Million ≈ $18.21 Million	-10.67%
2009-12-31	฿654.02 Million ≈ $20.39 Million	+8.49%
2008-12-31	฿602.84 Million ≈ $18.79 Million	+401.59%
2007-12-31	฿-199.89 Million ≈ $-6.23 Million	-131.14%
2006-12-31	฿641.91 Million ≈ $20.01 Million	+28.89%
2005-12-31	฿498.05 Million ≈ $15.52 Million	+6.29%
2004-12-31	฿468.59 Million ≈ $14.61 Million	+204.42%
2003-12-31	฿153.93 Million ≈ $4.80 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Seafco 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 2912.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿1.02 Billion	62.79%
Other Components	฿605.68 Million	37.21%
Total Equity	฿1.63 Billion	100.00%

Seafco Public Company Limited Competitors by Market Cap

The table below lists competitors of Seafco Public Company Limited ranked by their market capitalization.

Company	Market Cap
Medicalg WAR:MDG	$73.96 Million
Surf Air Mobility Inc. NYSE:SRFM	$73.97 Million
Thai Mitsuwa Public Company Limited BK:TMW	$74.00 Million
Kaulin Mfg TW:1531	$74.01 Million
Ibkimyoung Co. Ltd KQ:339950	$73.91 Million
Popular Vehicles and Services Limited NSE:PVSL	$73.87 Million
Datacentrex, Inc. NASDAQ:DTCX	$73.87 Million
Viet Nam Fumigation JSC VN:VFG	$73.85 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,514,930,247 to 1,627,617,558, a change of 112,687,311 (7.4%).
Net income of 167,027,775 contributed positively to equity growth.
Dividend payments of 23,713,000 reduced retained earnings.
Share repurchases of 32,591,868 reduced equity.
Other comprehensive income decreased equity by 54,519,210.
Other factors increased equity by 56,483,614.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿167.03 Million	+10.26%
Dividends Paid	฿23.71 Million	-1.46%
Share Repurchases	฿32.59 Million	-2.0%
Other Comprehensive Income	฿-54.52 Million	-3.35%
Other Changes	฿56.48 Million	+3.47%
Total Change	฿-	7.44%

Book Value vs Market Value Analysis

This analysis compares Seafco 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: 1.46x
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 3.55x to 1.46x 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	฿0.85	฿3.00	x
2007-12-31	฿0.83	฿3.00	x
2008-12-31	฿0.81	฿3.00	x
2009-12-31	฿0.88	฿3.00	x
2010-12-31	฿0.79	฿3.00	x
2011-12-31	฿0.68	฿3.00	x
2012-12-31	฿0.87	฿3.00	x
2013-12-31	฿1.03	฿3.00	x
2014-12-31	฿1.22	฿3.00	x
2015-12-31	฿1.33	฿3.00	x
2016-12-31	฿1.43	฿3.00	x
2017-12-31	฿1.58	฿3.00	x
2018-12-31	฿1.89	฿3.00	x
2019-12-31	฿2.19	฿3.00	x
2020-12-31	฿2.17	฿3.00	x
2021-12-31	฿2.10	฿3.00	x
2022-12-31	฿1.93	฿3.00	x
2023-12-31	฿2.16	฿3.00	x
2024-12-31	฿1.87	฿3.00	x
2025-12-31	฿2.06	฿3.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Seafco 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): 10.26%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 10.85%
• Asset Turnover: 0.61x
• Equity Multiplier: 1.55x
Recent ROE (10.26%) is below the historical average (11.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	23.03%	7.59%	1.16x	2.61x	฿20.06 Million
2004	17.21%	8.24%	1.41x	1.48x	฿33.80 Million
2005	13.50%	6.20%	1.15x	1.90x	฿17.46 Million
2006	26.60%	7.03%	1.50x	2.52x	฿101.50 Million
2007	3.78%	1.22%	3.10x	1.00x	฿-37.38 Million
2008	1.93%	0.72%	1.07x	2.49x	฿-48.67 Million
2009	7.88%	2.89%	1.09x	2.51x	฿-13.89 Million
2010	-10.08%	-4.05%	0.96x	2.60x	฿-117.30 Million
2011	-11.64%	-3.74%	1.02x	3.06x	฿-109.09 Million
2012	21.52%	9.08%	0.99x	2.40x	฿73.99 Million
2013	18.18%	10.57%	0.88x	1.95x	฿62.19 Million
2014	23.30%	11.15%	1.09x	1.91x	฿120.12 Million
2015	15.62%	8.26%	1.03x	1.84x	฿55.14 Million
2016	14.79%	8.38%	0.99x	1.79x	฿50.52 Million
2017	18.00%	11.60%	0.74x	2.10x	฿93.69 Million
2018	26.32%	13.32%	0.92x	2.14x	฿228.34 Million
2019	25.23%	13.51%	0.96x	1.95x	฿247.21 Million
2020	9.62%	6.03%	0.83x	1.92x	฿-6.13 Million
2021	-3.83%	-4.15%	0.53x	1.75x	฿-214.80 Million
2022	-8.72%	-15.94%	0.36x	1.52x	฿-267.33 Million
2023	10.61%	9.49%	0.70x	1.61x	฿9.72 Million
2024	0.09%	0.11%	0.59x	1.43x	฿-150.13 Million
2025	10.26%	10.85%	0.61x	1.55x	฿4.27 Million

Industry Comparison

This section compares Seafco Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $6,898,441,325
Average return on equity (ROE) among peers: 8.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Seafco Public Company Limited (SEAFCO)	฿1.62 Billion	23.03%	0.56x	$73.91 Million
Asia Precision Public Company Limited (APCS)	$1.73 Billion	-3.33%	0.98x	$29.62 Million
CH. Karnchang PCL (CK)	$23.87 Billion	7.58%	2.32x	$1.02 Billion
CH. Karnchang Public Company Limited (CK-R)	$26.11 Billion	3.47%	2.20x	$874.67 Million
Christiani & Nielsen (Thai) Public Company Limited (CNT)	$2.09 Billion	3.50%	2.22x	$52.54 Million
Chiangmai Rimdoi Public Company Limited (CRD)	$485.68 Million	6.18%	0.87x	$6.55 Million
Demco Public Company Limited (DEMCO)	$3.17 Billion	1.10%	0.89x	$70.22 Million
EMC Public Company Limited (EMC)	$597.06 Million	3.60%	1.29x	$7.84 Million
Floyd Public Company Limited (FLOYD)	$429.43 Million	7.65%	0.18x	$14.27 Million
Hydrotek Public Company Limited (HYDRO)	$137.82 Million	61.64%	4.46x	$6.02 Million
Italian-Thai Development Public Company Limited (ITD)	$10.37 Billion	-10.34%	10.30x	$59.24 Million

About Seafco Public Company Limited

BK:SEAFCO Thailand Engineering & Construction

Market Cap

$73.91 Million

฿2.37 Billion THB

Market Cap Rank

#20470 Global

#319 in Thailand

Share Price

฿3.00

Change (1 day)

+0.00%

52-Week Range

฿1.86 - ฿3.00

All Time High

฿72.15