Selic Corp Public Company Limited (SELIC) - Net Assets

Latest as of December 2025: ฿1.64 Billion THB ≈ $51.26 Million USD

Based on the latest financial reports, Selic Corp Public Company Limited (SELIC) has net assets worth ฿1.64 Billion THB (≈ $51.26 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 (฿3.21 Billion ≈ $99.94 Million USD) and total liabilities (฿1.56 Billion ≈ $48.67 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 SELIC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿1.64 Billion
% of Total Assets	51.29%
Annual Growth Rate	32.06%
5-Year Change	146.17%
10-Year Change	354.99%
Growth Volatility	65.52

Selic Corp Public Company Limited - Net Assets Trend (2012–2025)

This chart illustrates how Selic Corp Public Company Limited's net assets have evolved over time, based on quarterly financial data. See SELIC defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Selic Corp Public Company Limited (2012–2025)

The table below shows the annual net assets of Selic Corp Public Company Limited from 2012 to 2025. For live valuation and market cap data, see market cap of Selic Corp Public Company Limited.

Year	Net Assets	Change
2025-12-31	฿1.64 Billion ≈ $51.26 Million	-3.15%
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	--

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 62453230900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿468.81 Million	40.49%
Other Components	฿689.07 Million	59.51%
Total Equity	฿1.16 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
LEFORM KLSE:0266	$63.21 Million
Exasol AG XETRA:EXL	$63.27 Million
Atlas Resources Tbk JK:ARII	$63.28 Million
Versatile Creative Bhd KLSE:4995	$63.29 Million
Interlink Electronics Inc NASDAQ:LINK	$63.18 Million
Babcock International Group PLC LSE:BAB	$63.16 Million
Aplex Technology TWO:6570	$63.15 Million
Supercom Ltd NASDAQ:SPCB	$63.14 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 2024 to 2025, total equity changed from 1,173,970,000 to 1,157,876,000, a change of -16,094,000 (-1.4%).
Net income of 147,125,000 contributed positively to equity growth.
Dividend payments of 23,216,000 reduced retained earnings.
Other comprehensive income decreased equity by 71,637,000.
Other factors decreased equity by 68,366,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿147.12 Million	+12.71%
Dividends Paid	฿23.22 Million	-2.01%
Other Comprehensive Income	฿-71.64 Million	-6.19%
Other Changes	฿-68.37 Million	-5.9%
Total Change	฿-	-1.37%

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: 1.75x
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 25.90x to 1.75x 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	฿3.18	x
2013-12-31	฿0.14	฿3.18	x
2014-12-31	฿0.18	฿3.18	x
2015-12-31	฿0.29	฿3.18	x
2016-12-31	฿0.96	฿3.18	x
2017-12-31	฿0.75	฿3.18	x
2018-12-31	฿0.72	฿3.18	x
2019-12-31	฿0.89	฿3.18	x
2020-12-31	฿1.07	฿3.18	x
2021-12-31	฿1.32	฿3.18	x
2022-12-31	฿1.50	฿3.18	x
2023-12-31	฿1.69	฿3.18	x
2024-12-31	฿1.92	฿3.18	x
2025-12-31	฿1.82	฿3.18	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): 12.71%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.22%
• Asset Turnover: 0.64x
• Equity Multiplier: 2.77x
Recent ROE (12.71%) is below the historical average (12.83%), 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
2025	12.71%	7.22%	0.64x	2.77x	฿31.34 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: $2,112,397,553
Average return on equity (ROE) among peers: 11.01%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Selic Corp Public Company Limited (SELIC)	฿1.64 Billion	11.32%	0.95x	$63.19 Million
Salee Colour Public Company Limited (COLOR)	$670.93 Million	-2.24%	0.58x	$18.91 Million
Dimet (Siam) Public Company Limited (DIMET)	$129.66 Million	-9.68%	1.00x	$4.19 Million
Eason & Co Public Company Limited (EASON)	$1.13 Billion	10.86%	0.18x	$18.09 Million
Eastern Polymer Group Public Company Limited (EPG)	$3.12 Billion	4.91%	2.42x	$493.10 Million
Global Connections Public Company Limited (GC)	$387.83 Million	20.74%	1.87x	$61.99 Million
Megachem (Thailand) Public Company Limited (MGT)	$345.58 Million	25.74%	0.28x	$22.07 Million
Polyplex (Thailand) Public Company Limited (PTL)	$4.33 Billion	18.79%	0.92x	$272.11 Million
Polyplex (Thailand) Public Company Limited (PTL-R)	$8.19 Billion	4.57%	1.01x	$276.31 Million
Salee Industry Public Company Limited (SALEE)	$707.18 Million	25.42%	0.84x	$23.22 Million

About Selic Corp Public Company Limited

BK:SELIC Thailand Specialty Chemicals

Market Cap

$63.19 Million

฿2.03 Billion THB

Market Cap Rank

#21043 Global

#340 in Thailand

Share Price

฿3.18

Change (1 day)

+2.58%

52-Week Range

฿2.46 - ฿3.18

All Time High

฿4.47