Selic Corp Public Company Limited (SELIC) - Net Assets
Based on the latest financial reports, Selic Corp Public Company Limited (SELIC) has net assets worth ฿1.75 Billion THB (≈ $54.48 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 (฿3.18 Billion ≈ $99.05 Million USD) and total liabilities (฿1.43 Billion ≈ $44.57 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 how resilient are Selic Corp Public Company Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.75 Billion |
| % of Total Assets | 55.01% |
| Annual Growth Rate | 35.51% |
| 5-Year Change | 225.55% |
| 10-Year Change | 1556.01% |
| Growth Volatility | 66.86 |
Selic Corp Public Company Limited - Net Assets Trend (2012–2024)
This chart illustrates how Selic Corp Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore SELIC current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Selic Corp Public Company Limited (2012–2024)
The table below shows the annual net assets of Selic Corp Public Company Limited from 2012 to 2024. For live valuation and market cap data, see market cap of Selic Corp Public Company Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.70 Billion ≈ $52.93 Million |
+25.65% |
| 2023-12-31 | ฿1.35 Billion ≈ $42.13 Million |
+9.45% |
| 2022-12-31 | ฿1.23 Billion ≈ $38.49 Million |
+84.84% |
| 2021-12-31 | ฿668.09 Million ≈ $20.82 Million |
+28.08% |
| 2020-12-31 | ฿521.62 Million ≈ $16.26 Million |
+20.62% |
| 2019-12-31 | ฿432.46 Million ≈ $13.48 Million |
+23.80% |
| 2018-12-31 | ฿349.31 Million ≈ $10.89 Million |
-4.39% |
| 2017-12-31 | ฿365.35 Million ≈ $11.39 Million |
+1.07% |
| 2016-12-31 | ฿361.47 Million ≈ $11.27 Million |
+252.50% |
| 2015-12-31 | ฿102.54 Million ≈ $3.20 Million |
+62.38% |
| 2014-12-31 | ฿63.15 Million ≈ $1.97 Million |
+25.31% |
| 2013-12-31 | ฿50.40 Million ≈ $1.57 Million |
+13.82% |
| 2012-12-31 | ฿44.28 Million ≈ $1.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Selic Corp 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 50177230900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿346.05 Million | 29.48% |
| Common Stock | ฿305.49 Million | 26.02% |
| Other Comprehensive Income | ฿71.64 Million | 6.10% |
| Other Components | ฿450.80 Million | 38.40% |
| Total Equity | ฿1.17 Billion | 100.00% |
Selic Corp Public Company Limited Competitors by Market Cap
The table below lists competitors of Selic Corp Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Springwater Special Situations Corp
NASDAQ:SWSS
|
$49.90 Million |
|
Optomed PLC
HE:OPTOMED
|
$49.91 Million |
|
Nsys Co. Ltd.
KQ:333620
|
$49.92 Million |
|
GeneOne Life Science Inc
KO:011000
|
$49.94 Million |
|
Bluemount Holdings Limited Class B Ordinary Shares
NASDAQ:BMHL
|
$49.89 Million |
|
Enegex Ltd
AU:ENX
|
$49.89 Million |
|
Seowon
KO:021050
|
$49.87 Million |
|
Indopoly Swakarsa Industry Tbk
JK:IPOL
|
$49.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Selic Corp Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,032,022,999 to 1,173,970,000, a change of 141,947,001 (13.8%).
- Net income of 127,610,000 contributed positively to equity growth.
- Dividend payments of 19,997,000 reduced retained earnings.
- Other comprehensive income increased equity by 37,363,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿127.61 Million | +10.87% |
| Dividends Paid | ฿20.00 Million | -1.7% |
| Other Comprehensive Income | ฿37.36 Million | +3.18% |
| Other Changes | ฿-3.03 Million | -0.26% |
| Total Change | ฿- | 13.75% |
Book Value vs Market Value Analysis
This analysis compares Selic Corp 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: 1.36x
- 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 21.34x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿0.12 | ฿2.62 | x |
| 2013-12-31 | ฿0.14 | ฿2.62 | x |
| 2014-12-31 | ฿0.18 | ฿2.62 | x |
| 2015-12-31 | ฿0.29 | ฿2.62 | x |
| 2016-12-31 | ฿0.96 | ฿2.62 | x |
| 2017-12-31 | ฿0.75 | ฿2.62 | x |
| 2018-12-31 | ฿0.72 | ฿2.62 | x |
| 2019-12-31 | ฿0.89 | ฿2.62 | x |
| 2020-12-31 | ฿1.07 | ฿2.62 | x |
| 2021-12-31 | ฿1.32 | ฿2.62 | x |
| 2022-12-31 | ฿1.50 | ฿2.62 | x |
| 2023-12-31 | ฿1.69 | ฿2.62 | x |
| 2024-12-31 | ฿1.92 | ฿2.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Selic Corp 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): 10.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.99%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.78x
- Recent ROE (10.87%) is below the historical average (12.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.32% | 0.75% | 1.86x | 8.17x | ฿585.11K |
| 2013 | 12.14% | 0.88% | 1.97x | 7.04x | ฿1.08 Million |
| 2014 | 20.20% | 1.82% | 1.71x | 6.50x | ฿6.44 Million |
| 2015 | 38.42% | 6.69% | 1.68x | 3.42x | ฿29.14 Million |
| 2016 | 10.80% | 7.02% | 1.14x | 1.35x | ฿2.89 Million |
| 2017 | 5.16% | 3.18% | 1.18x | 1.38x | ฿-17.69 Million |
| 2018 | -3.13% | -1.84% | 1.09x | 1.56x | ฿-45.86 Million |
| 2019 | 19.84% | 6.18% | 0.87x | 3.68x | ฿42.56 Million |
| 2020 | 17.12% | 7.16% | 0.77x | 3.10x | ฿37.15 Million |
| 2021 | 12.20% | 5.62% | 0.83x | 2.63x | ฿14.72 Million |
| 2022 | 4.23% | 2.51% | 0.58x | 2.90x | ฿-55.39 Million |
| 2023 | 7.77% | 4.23% | 0.62x | 2.95x | ฿-23.06 Million |
| 2024 | 10.87% | 5.99% | 0.65x | 2.78x | ฿10.21 Million |
Industry Comparison
This section compares Selic Corp Public Company Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,519,180,996
- Average return on equity (ROE) among peers: 8.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Selic Corp Public Company Limited (SELIC) | ฿1.75 Billion | 11.32% | 0.82x | $49.89 Million |
| Salee Colour Public Company Limited (COLOR) | $221.85 Million | -0.23% | 4.13x | $18.91 Million |
| Dimet (Siam) Public Company Limited (DIMET) | $361.15 Million | -25.12% | 0.18x | $5.03 Million |
| Eason & Co Public Company Limited (EASON) | $202.34 Million | 24.38% | 1.14x | $18.12 Million |
| Eastern Polymer Group Public Company Limited (EPG) | $8.20 Billion | 7.67% | 0.46x | $308.95 Million |
| Global Connections Public Company Limited (GC) | $388.80 Million | 12.24% | 2.01x | $60.62 Million |
| Megachem (Thailand) Public Company Limited (MGT) | $371.29 Million | 12.74% | 0.17x | $24.44 Million |
| Polyplex (Thailand) Public Company Limited (PTL) | $11.61 Billion | 20.02% | 0.37x | $274.91 Million |
| Polyplex (Thailand) Public Company Limited (PTL-R) | $9.67 Billion | 14.14% | 0.49x | $276.31 Million |
| Salee Industry Public Company Limited (SALEE) | $650.26 Million | 14.35% | 0.37x | $18.01 Million |
About Selic Corp Public Company Limited
Selic Corp Public Company Limited, together with other subsidiaries, engages in the production and distribution of industrial adhesives in Thailand. It operates through Production and distribution of adhesive for industrial use, Production and distribution of self-adhesive labels, and Production and distribution of healthcare product segments. The company offers hot melt, water based, and solvent… Read more