SG Capital PCL
SG Capital Public Company Limited engages in the sale of hire purchase contracts of electrical appliances, commercial product, mobile phones, and vehicles in Thailand. It also provides loan receivables; car title and other consumer loans; employee welfare loans; online gold financing; and loans for purchasing goods. The company was incorporated in 2012 and is headquartered in Bangkok, Thailand. S… Read more
SG Capital PCL (SGC) - Net Assets
Latest net assets as of September 2025: ฿7.31 Billion THB
Based on the latest financial reports, SG Capital PCL (SGC) has net assets worth ฿7.31 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿13.49 Billion) and total liabilities (฿6.18 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿7.31 Billion |
| % of Total Assets | 54.18% |
| Annual Growth Rate | 29.7% |
| 5-Year Change | 771.11% |
| 10-Year Change | N/A |
| Growth Volatility | 98.7 |
SG Capital PCL - Net Assets Trend (2018–2024)
This chart illustrates how SG Capital PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SG Capital PCL (2018–2024)
The table below shows the annual net assets of SG Capital PCL from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿7.14 Billion | +128.88% |
| 2023-12-31 | ฿3.12 Billion | -45.73% |
| 2022-12-31 | ฿5.75 Billion | +138.25% |
| 2021-12-31 | ฿2.41 Billion | +194.34% |
| 2020-12-31 | ฿820.15 Million | +103.23% |
| 2019-12-31 | ฿403.56 Million | -73.11% |
| 2018-12-31 | ฿1.50 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SG Capital PCL'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 417.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿8.66 Billion | 121.18% |
| Total Equity | ฿7.14 Billion | 100.00% |
SG Capital PCL Competitors by Market Cap
The table below lists competitors of SG Capital PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Howteh Technology Co Ltd
TWO:3114
|
$29.24 Million |
|
Hsinjing Holding Co Ltd
TWO:3713
|
$29.24 Million |
|
ELTA Technology Co.,Ltd.
TW:8487
|
$29.24 Million |
|
Spectral AI Inc.
NASDAQ:MDAI
|
$29.27 Million |
|
Lucky Royal Co., Ltd.
TW:7791
|
$29.23 Million |
|
NFiniTi inc.
PINK:NFTN
|
$29.22 Million |
|
ROULARTA MEDIA GRP NV
F:O94
|
$29.21 Million |
|
Fjord Defence Group ASA
OL:DFENS
|
$29.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SG Capital PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,121,443,525 to 7,144,394,847, a change of 4,022,951,322 (128.9%).
- Net income of 162,676,858 contributed positively to equity growth.
- New share issuances of 3,860,274,464 increased equity.
- Other comprehensive income decreased equity by 209,379,885.
- Other factors increased equity by 209,379,885.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿162.68 Million | +2.28% |
| Share Issuances | ฿3.86 Billion | +54.03% |
| Other Comprehensive Income | ฿-209.38 Million | -2.93% |
| Other Changes | ฿209.38 Million | +2.93% |
| Total Change | ฿- | 128.88% |
Book Value vs Market Value Analysis
This analysis compares SG Capital PCL'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: 0.77x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | ฿0.00 | ฿0.88 | x |
| 2019-12-31 | ฿0.12 | ฿0.88 | x |
| 2020-12-31 | ฿0.25 | ฿0.88 | x |
| 2021-12-31 | ฿0.74 | ฿0.88 | x |
| 2022-12-31 | ฿1.76 | ฿0.88 | x |
| 2023-12-31 | ฿0.95 | ฿0.88 | x |
| 2024-12-31 | ฿1.14 | ฿0.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SG Capital PCL 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): 2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.09%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.97x
- Recent ROE (2.28%) is below the historical average (5.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -4.77% | -7.01% | 0.85x | 0.80x | ฿-546.30 Million |
| 2019 | 25.32% | 10.04% | 0.27x | 9.23x | ฿61.84 Million |
| 2020 | 50.79% | 32.10% | 0.19x | 8.54x | ฿334.57 Million |
| 2021 | 24.57% | 34.16% | 0.15x | 4.74x | ฿351.63 Million |
| 2022 | 11.60% | 27.81% | 0.13x | 3.09x | ฿92.10 Million |
| 2023 | -72.89% | -104.88% | 0.16x | 4.31x | ฿-2.59 Billion |
| 2024 | 2.28% | 9.09% | 0.13x | 1.97x | ฿-551.76 Million |
Industry Comparison
This section compares SG Capital PCL's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $1,462,560,682
- Average return on equity (ROE) among peers: 9.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SG Capital PCL (SGC) | ฿7.31 Billion | -4.77% | 0.85x | $29.23 Million |
| ASIA Capital Group Public Company Limited (ACAP) | $1.00 Billion | 21.24% | 3.53x | $1.71 Million |
| AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) | $3.93 Billion | 27.71% | 6.13x | $163.14 Million |
| AIRA Factoring Public Company Limited (AF) | $127.47 Million | -18.31% | 5.77x | $1.14 Million |
| Amanah Leasing Public Company Limited (AMANAH) | $1.37 Billion | 18.08% | 1.58x | $12.17 Million |
| Asia Sermkij Leasing Public Company Limited (ASK) | $1.95 Billion | 14.85% | 6.89x | $93.23 Million |
| Chase Asia PCL (CHASE) | $-209.42 Million | 0.00% | 0.00x | $7.20 Million |
| Chayo Group Public Company Limited (CHAYO) | $201.79 Million | 2.02% | 0.17x | $19.33 Million |
| Eastern Commercial Leasing Public Company Limited (ECL) | $678.63 Million | 6.76% | 1.76x | $11.11 Million |
| G Capital Public Company Limited (GCAP) | $329.74 Million | 16.74% | 1.97x | $3.52 Million |
| Heng Leasing & Capital PCL (HENG) | $5.24 Billion | 8.79% | 1.34x | $38.71 Million |