Siamgas and Petrochemicals Public Company Limited Net Assets
Siamgas and Petrochemicals Public Company Limited net assets. Based on the latest financial reports, Siamgas and Petrochemicals Public Company Limited (SGP-R) has net assets worth ฿15.78 Billion THB (≈ $491.72 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿55.60 Billion ≈ $1.73 Billion USD) and total liabilities (฿39.82 Billion ≈ $1.24 Billion 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. Also explore Siamgas and Petrochemicals Public Compan (SGP-R) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿15.78 Billion |
| % of Total Assets | 28.37% |
| Annual Growth Rate | 18.46% |
| 5-Year Change | 33.1% |
| 10-Year Change | 75.16% |
| Growth Volatility | 71.25 |
Net Assets of Siamgas and Petrochemicals Public Company Limited (2005–2024)
Net assets of Siamgas and Petrochemicals Public Company Limited from 2005 to 2024. This chart illustrates how Siamgas and Petrochemicals Public Company Limited's net assets have evolved over time, based on quarterly financial data. See how leveraged is Siamgas and Petrochemicals Public Compan's balance sheet to measure how much of total assets are equity-financed.
Annual Net Assets for Siamgas and Petrochemicals Public Company Limited (2005–2024)
The table below shows the annual net assets of Siamgas and Petrochemicals Public Company Limited from 2005 to 2024. For live market cap and overall valuation, see Siamgas and Petrochemicals Public Compan (SGP-R) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿17.12 Billion ≈ $533.67 Million |
+7.59% |
| 2023-12-31 | ฿15.91 Billion ≈ $496.04 Million |
+0.21% |
| 2022-12-31 | ฿15.88 Billion ≈ $494.97 Million |
-5.44% |
| 2021-12-31 | ฿16.79 Billion ≈ $523.42 Million |
+30.55% |
| 2020-12-31 | ฿12.86 Billion ≈ $400.95 Million |
+8.20% |
| 2019-12-31 | ฿11.89 Billion ≈ $370.55 Million |
+17.37% |
| 2018-12-31 | ฿10.13 Billion ≈ $315.71 Million |
-10.43% |
| 2017-12-31 | ฿11.31 Billion ≈ $352.47 Million |
+15.39% |
| 2016-12-31 | ฿9.80 Billion ≈ $305.45 Million |
+0.26% |
| 2015-12-31 | ฿9.77 Billion ≈ $304.67 Million |
+16.80% |
| 2014-12-31 | ฿8.37 Billion ≈ $260.86 Million |
-7.87% |
| 2013-12-31 | ฿9.08 Billion ≈ $283.13 Million |
+28.28% |
| 2012-12-31 | ฿7.08 Billion ≈ $220.71 Million |
+3.80% |
| 2011-12-31 | ฿6.82 Billion ≈ $212.64 Million |
+25.22% |
| 2010-12-31 | ฿5.45 Billion ≈ $169.82 Million |
-1.97% |
| 2009-12-31 | ฿5.56 Billion ≈ $173.22 Million |
+32.13% |
| 2008-12-31 | ฿4.21 Billion ≈ $131.10 Million |
+324.51% |
| 2007-12-31 | ฿990.79 Million ≈ $30.88 Million |
+8.95% |
| 2006-12-31 | ฿909.37 Million ≈ $28.34 Million |
+32.78% |
| 2005-12-31 | ฿684.89 Million ≈ $21.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Siamgas and Petrochemicals 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 1317461088200.0% over the analyzed period, indicating profitable operations and earnings retention.
Siamgas and Petrochemicals Public Company Limited Net Assets Breakdown (December 2024)
Siamgas and Petrochemicals Public Company Limited net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿13.17 Billion | 78.58% |
| Other Components | ฿3.59 Billion | 21.42% |
| Total Equity | ฿16.76 Billion | 100.00% |
Siamgas and Petrochemicals Public Company Limited Competitors by Market Cap
The table below lists competitors of Siamgas and Petrochemicals Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hiper Global Ltd
TA:HIPR
|
$378.23 Million |
|
V.S.T Tillers Tractors Limited
NSE:VSTTILLERS
|
$378.24 Million |
|
Shen Zhen Australis Electronic Technology Co.Ltd.
SHE:300940
|
$378.25 Million |
|
Jing Jin Electric Technologies Co Ltd
SHG:688280
|
$378.29 Million |
|
S.C. CHIMCOMPLEX S.A.
RO:CRC
|
$378.06 Million |
|
Kaveri Seed Company Limited
NSE:KSCL
|
$377.84 Million |
|
Brainsway Ltd
TA:BWAY
|
$377.82 Million |
|
Fondul Proprietatea SA
RO:FP
|
$377.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Siamgas and Petrochemicals Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,575,359,291 to 16,755,998,516, a change of 1,180,639,225 (7.6%).
- Net income of 1,318,923,777 contributed positively to equity growth.
- Dividend payments of 555,541,934 reduced retained earnings.
- Other comprehensive income decreased equity by 1,520,590,928.
- Other factors increased equity by 1,937,848,310.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.32 Billion | +7.87% |
| Dividends Paid | ฿555.54 Million | -3.32% |
| Other Comprehensive Income | ฿-1.52 Billion | -9.07% |
| Other Changes | ฿1.94 Billion | +11.57% |
| Total Change | ฿- | 7.58% |
Book Value vs Market Value Analysis
This analysis compares Siamgas and Petrochemicals 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: 0.72x
- 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.
- The price-to-book ratio has decreased from 12.59x to 0.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿0.52 | ฿6.60 | x |
| 2006-12-31 | ฿0.68 | ฿6.60 | x |
| 2007-12-31 | ฿0.74 | ฿6.60 | x |
| 2008-12-31 | ฿2.43 | ฿6.60 | x |
| 2009-12-31 | ฿2.52 | ฿6.60 | x |
| 2010-12-31 | ฿2.93 | ฿6.60 | x |
| 2011-12-31 | ฿3.69 | ฿6.60 | x |
| 2012-12-31 | ฿3.84 | ฿6.60 | x |
| 2013-12-31 | ฿4.88 | ฿6.60 | x |
| 2014-12-31 | ฿4.49 | ฿6.60 | x |
| 2015-12-31 | ฿5.25 | ฿6.60 | x |
| 2016-12-31 | ฿5.26 | ฿6.60 | x |
| 2017-12-31 | ฿6.06 | ฿6.60 | x |
| 2018-12-31 | ฿5.43 | ฿6.60 | x |
| 2019-12-31 | ฿6.03 | ฿6.60 | x |
| 2020-12-31 | ฿6.78 | ฿6.60 | x |
| 2021-12-31 | ฿8.93 | ฿6.60 | x |
| 2022-12-31 | ฿8.44 | ฿6.60 | x |
| 2023-12-31 | ฿8.47 | ฿6.60 | x |
| 2024-12-31 | ฿9.12 | ฿6.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Siamgas and Petrochemicals 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): 7.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.57%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 3.40x
- Recent ROE (7.87%) is below the historical average (15.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 0.04% | 0.00% | 1.40x | 8.56x | ฿-68.24 Million |
| 2006 | 24.68% | 1.73% | 2.18x | 6.57x | ฿133.54 Million |
| 2007 | 44.65% | 2.97% | 2.57x | 5.84x | ฿343.34 Million |
| 2008 | 26.66% | 5.42% | 2.52x | 1.95x | ฿682.74 Million |
| 2009 | 26.53% | 6.45% | 2.05x | 2.01x | ฿781.62 Million |
| 2010 | 21.91% | 5.39% | 1.39x | 2.92x | ฿641.11 Million |
| 2011 | 14.68% | 2.62% | 1.63x | 3.44x | ฿316.90 Million |
| 2012 | 11.59% | 1.73% | 1.71x | 3.94x | ฿112.16 Million |
| 2013 | 17.85% | 2.46% | 2.20x | 3.30x | ฿704.71 Million |
| 2014 | -6.23% | -0.83% | 2.19x | 3.42x | ฿-1.34 Billion |
| 2015 | 11.56% | 1.92% | 2.00x | 3.01x | ฿150.30 Million |
| 2016 | 11.56% | 2.32% | 1.69x | 2.95x | ฿151.07 Million |
| 2017 | 25.24% | 4.75% | 1.88x | 2.82x | ฿1.70 Billion |
| 2018 | 8.72% | 1.27% | 1.91x | 3.59x | ฿-127.48 Million |
| 2019 | 12.27% | 2.03% | 1.62x | 3.74x | ฿251.88 Million |
| 2020 | 16.53% | 3.74% | 1.33x | 3.32x | ฿814.84 Million |
| 2021 | 23.21% | 4.85% | 1.54x | 3.10x | ฿2.17 Billion |
| 2022 | 6.90% | 1.05% | 2.17x | 3.03x | ฿-481.42 Million |
| 2023 | 6.53% | 1.12% | 1.71x | 3.39x | ฿-539.95 Million |
| 2024 | 7.87% | 1.57% | 1.48x | 3.40x | ฿-356.68 Million |
Industry Comparison
This section compares Siamgas and Petrochemicals Public Company Limited's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $42,301,700,333
- Average return on equity (ROE) among peers: 6.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Siamgas and Petrochemicals Public Company Limited (SGP-R) | ฿15.78 Billion | 0.04% | 2.52x | $378.08 Million |
| Bangchak Corporation Public Company Limited (BCP) | $19.76 Billion | -3.81% | 1.15x | $1.98 Billion |
| Esso (Thailand) Public Company Limited (BSRC) | $25.83 Billion | 8.61% | 1.40x | $332.25 Million |
| IRPC Public Company Limited (IRPC) | $75.93 Billion | 5.41% | 0.74x | $1.60 Billion |
| IRPC Public Company Limited (IRPC-R) | $76.12 Billion | -3.84% | 1.53x | $814.31 Million |
| Sea Oil Public Company Limited (SEAOIL) | $1.68 Billion | 13.77% | 0.85x | $77.85 Million |
| Siamgas and Petrochemicals Public Company Limited (SGP) | $12.86 Billion | 16.03% | 2.22x | $478.33 Million |
| Star Petroleum Refining Co Ltd (SPRC) | $38.53 Billion | 5.87% | 0.43x | $1.78 Billion |
| Susco Public Company Limited (SUSCO) | $3.53 Billion | 6.62% | 0.93x | $68.10 Million |
| Thai Oil Public Company Limited (TOP) | $126.47 Billion | 8.02% | 1.12x | $3.90 Billion |
About Siamgas and Petrochemicals Public Company Limited
Siamgas and Petrochemicals Public Company Limited, together with its subsidiaries, trades in petroleum and petrochemical products in Thailand and internationally. It operates through Petroleum and Petrochemical Products, Transportation Services, and Other segments. The company is involved in trading of petroleum for household cooking, industry, and transportation businesses; and distribution of p… Read more