Seafco Public Company Limited (SEAFCO) - Net Assets

Latest as of September 2025: ฿1.51 Billion THB ≈ $47.14 Million USD

Based on the latest financial reports, Seafco Public Company Limited (SEAFCO) has net assets worth ฿1.51 Billion THB (≈ $47.14 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 (฿2.44 Billion ≈ $75.98 Million USD) and total liabilities (฿925.07 Million ≈ $28.83 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 Public Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.51 Billion
% of Total Assets	62.05%
Annual Growth Rate	11.48%
5-Year Change	-6.49%
10-Year Change	51.79%
Growth Volatility	55.0

Seafco Public Company Limited - Net Assets Trend (2003–2024)

This chart illustrates how Seafco Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore SEAFCO total assets for the complete picture of this company's asset base.

Annual Net Assets for Seafco Public Company Limited (2003–2024)

The table below shows the annual net assets of Seafco Public Company Limited from 2003 to 2024. For live valuation and market cap data, see SEAFCO company net worth.

Year	Net Assets	Change
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 2596.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿914.78 Million	60.38%
Common Stock	฿406.84 Million	26.86%
Other Comprehensive Income	฿54.52 Million	3.60%
Other Components	฿138.79 Million	9.16%
Total Equity	฿1.51 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
Bactiguard Holding AB (publ) ST:BACTI-B	$61.64 Million
Global Fashion Group SA XETRA:GFG	$61.66 Million
Premium Snacks Nordic AB ST:SNX	$61.70 Million
Permianville Royalty Trust NYSE:PVL	$61.71 Million
Outset Medical Inc NASDAQ:OM	$61.59 Million
Careium AB ST:CARE	$61.52 Million
Thorney Opportunities Ltd AU:TOP	$61.51 Million
IZEA Inc NASDAQ:IZEA	$61.48 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 2023 to 2024, total equity changed from 1,596,913,655 to 1,514,930,247, a change of -81,983,408 (-5.1%).
Net income of 1,358,710 contributed positively to equity growth.
Dividend payments of 66,574,012 reduced retained earnings.
Share repurchases of 17,403,008 reduced equity.
Other comprehensive income increased equity by 26,667,740.
Other factors decreased equity by 26,032,838.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿1.36 Million	+0.09%
Dividends Paid	฿66.57 Million	-4.39%
Share Repurchases	฿17.40 Million	-1.15%
Other Comprehensive Income	฿26.67 Million	+1.76%
Other Changes	฿-26.03 Million	-1.72%
Total Change	฿-	-5.13%

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: 1.34x
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 2.96x to 1.34x 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	฿2.50	x
2007-12-31	฿0.83	฿2.50	x
2008-12-31	฿0.81	฿2.50	x
2009-12-31	฿0.88	฿2.50	x
2010-12-31	฿0.79	฿2.50	x
2011-12-31	฿0.68	฿2.50	x
2012-12-31	฿0.87	฿2.50	x
2013-12-31	฿1.03	฿2.50	x
2014-12-31	฿1.22	฿2.50	x
2015-12-31	฿1.33	฿2.50	x
2016-12-31	฿1.43	฿2.50	x
2017-12-31	฿1.58	฿2.50	x
2018-12-31	฿1.89	฿2.50	x
2019-12-31	฿2.19	฿2.50	x
2020-12-31	฿2.17	฿2.50	x
2021-12-31	฿2.10	฿2.50	x
2022-12-31	฿1.93	฿2.50	x
2023-12-31	฿2.16	฿2.50	x
2024-12-31	฿1.87	฿2.50	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): 0.09%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.11%
• Asset Turnover: 0.59x
• Equity Multiplier: 1.43x
Recent ROE (0.09%) is below the historical average (11.04%), 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

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: $5,351,797,638
Average return on equity (ROE) among peers: -5.80%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Seafco Public Company Limited (SEAFCO)	฿1.51 Billion	23.03%	0.61x	$61.59 Million
Asia Precision Public Company Limited (APCS)	$1.70 Billion	13.02%	0.70x	$28.80 Million
CH. Karnchang PCL (CK)	$2.95 Billion	0.00%	4.00x	$890.38 Million
CH. Karnchang Public Company Limited (CK-R)	$27.81 Billion	6.39%	1.97x	$874.67 Million
Christiani & Nielsen (Thai) Public Company Limited (CNT)	$962.87 Million	14.14%	1.76x	$32.68 Million
Chiangmai Rimdoi Public Company Limited (CRD)	$281.94 Million	-27.02%	2.02x	$4.83 Million
Demco Public Company Limited (DEMCO)	$3.59 Billion	-15.33%	0.79x	$51.03 Million
EMC Public Company Limited (EMC)	$916.22 Million	3.70%	2.17x	$11.75 Million
Floyd Public Company Limited (FLOYD)	$45.87 Million	24.77%	3.63x	$15.65 Million
Hydrotek Public Company Limited (HYDRO)	$280.51 Million	-63.33%	1.38x	$25.79 Million
Italian-Thai Development Public Company Limited (ITD)	$14.98 Billion	-14.32%	2.38x	$41.14 Million

About Seafco Public Company Limited

BK:SEAFCO Thailand Engineering & Construction

Market Cap

$61.59 Million

฿1.98 Billion THB

Market Cap Rank

#21070 Global

#338 in Thailand

Share Price

฿2.50

Change (1 day)

+0.81%

52-Week Range

฿1.86 - ฿2.66

All Time High

฿72.15