Simat Technologies Public Company Limited
Simat Technologies Public Company Limited trades in computer hardware, software and network accessories, and computer information technology system development in Thailand, Malaysia, and Vietnam. The company offers hardware products, including barcode printers, such as barcode and label printers, and mobile printers; barcode scanners, including corded and cordless barcode scanners, and micro kios… Read more
Simat Technologies Public Company Limited (SIMAT) - Net Assets
Latest net assets as of September 2025: ฿1.35 Billion THB
Based on the latest financial reports, Simat Technologies Public Company Limited (SIMAT) has net assets worth ฿1.35 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 (฿2.28 Billion) and total liabilities (฿934.06 Million). 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 | ฿1.35 Billion |
| % of Total Assets | 59.08% |
| Annual Growth Rate | 16.28% |
| 5-Year Change | 92.24% |
| 10-Year Change | 84.09% |
| Growth Volatility | 28.18 |
Simat Technologies Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how Simat Technologies Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Simat Technologies Public Company Limited (2006–2024)
The table below shows the annual net assets of Simat Technologies Public Company Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.27 Billion | +3.37% |
| 2023-12-31 | ฿1.23 Billion | -2.21% |
| 2022-12-31 | ฿1.25 Billion | +8.71% |
| 2021-12-31 | ฿1.15 Billion | +74.94% |
| 2020-12-31 | ฿659.14 Million | +6.55% |
| 2019-12-31 | ฿618.63 Million | +8.85% |
| 2018-12-31 | ฿568.34 Million | -29.11% |
| 2017-12-31 | ฿801.78 Million | +18.34% |
| 2016-12-31 | ฿677.50 Million | -1.58% |
| 2015-12-31 | ฿688.35 Million | +1.89% |
| 2014-12-31 | ฿675.57 Million | +7.32% |
| 2013-12-31 | ฿629.48 Million | +35.99% |
| 2012-12-31 | ฿462.89 Million | +27.30% |
| 2011-12-31 | ฿363.64 Million | +42.10% |
| 2010-12-31 | ฿255.90 Million | +30.45% |
| 2009-12-31 | ฿196.17 Million | +23.01% |
| 2008-12-31 | ฿159.48 Million | -1.52% |
| 2007-12-31 | ฿161.93 Million | +93.05% |
| 2006-12-31 | ฿83.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Simat Technologies 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 16118928800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿161.19 Million | 15.55% |
| Common Stock | ฿648.56 Million | 62.57% |
| Other Comprehensive Income | ฿12.69 Million | 1.22% |
| Other Components | ฿214.07 Million | 20.65% |
| Total Equity | ฿1.04 Billion | 100.00% |
Simat Technologies Public Company Limited Competitors by Market Cap
The table below lists competitors of Simat Technologies Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Generation Asia I Acquisition Limited Class A Ordinary Shares
NASDAQ:GAQ
|
$18.85 Million |
|
Ferroamp Elektronik AB
ST:FERRO
|
$18.85 Million |
|
Fusemachines Inc. Common stock
NASDAQ:FUSE
|
$18.86 Million |
|
Procaps Group SA
NASDAQ:PROC
|
$18.87 Million |
|
Santos Brasil Participações S.A
SA:STBP3
|
$18.85 Million |
|
Cambium Networks Corp
NASDAQ:CMBM
|
$18.84 Million |
|
Cepton Inc
NASDAQ:CPTN
|
$18.84 Million |
|
Artemis Resources Ltd
PINK:ARTTF
|
$18.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Simat Technologies Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 995,341,494 to 1,036,517,186, a change of 41,175,692 (4.1%).
- Net income of 40,726,482 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,498,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿40.73 Million | +3.93% |
| Other Comprehensive Income | ฿1.50 Million | +0.14% |
| Other Changes | ฿-1.05 Million | -0.1% |
| Total Change | ฿- | 4.14% |
Book Value vs Market Value Analysis
This analysis compares Simat Technologies 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: 0.73x
- 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 2.00x to 0.73x 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 | ฿0.58 | ฿1.17 | x |
| 2007-12-31 | ฿1.10 | ฿1.17 | x |
| 2008-12-31 | ฿0.82 | ฿1.17 | x |
| 2009-12-31 | ฿0.89 | ฿1.17 | x |
| 2010-12-31 | ฿1.66 | ฿1.17 | x |
| 2011-12-31 | ฿1.73 | ฿1.17 | x |
| 2012-12-31 | ฿1.24 | ฿1.17 | x |
| 2013-12-31 | ฿1.62 | ฿1.17 | x |
| 2014-12-31 | ฿1.75 | ฿1.17 | x |
| 2015-12-31 | ฿1.59 | ฿1.17 | x |
| 2016-12-31 | ฿1.53 | ฿1.17 | x |
| 2017-12-31 | ฿1.81 | ฿1.17 | x |
| 2018-12-31 | ฿0.88 | ฿1.17 | x |
| 2019-12-31 | ฿0.86 | ฿1.17 | x |
| 2020-12-31 | ฿0.87 | ฿1.17 | x |
| 2021-12-31 | ฿1.39 | ฿1.17 | x |
| 2022-12-31 | ฿1.55 | ฿1.17 | x |
| 2023-12-31 | ฿1.53 | ฿1.17 | x |
| 2024-12-31 | ฿1.60 | ฿1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Simat Technologies 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): 3.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.45%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.85x
- Recent ROE (3.93%) is above the historical average (3.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 43.03% | 12.48% | 1.72x | 2.00x | ฿27.71 Million |
| 2007 | 19.00% | 8.75% | 1.48x | 1.47x | ฿14.57 Million |
| 2008 | 9.24% | 6.03% | 1.08x | 1.42x | ฿-1.19 Million |
| 2009 | 12.95% | 4.04% | 0.55x | 5.85x | ฿5.00 Million |
| 2010 | 15.22% | 2.90% | 1.69x | 3.09x | ฿11.88 Million |
| 2011 | 13.76% | 3.97% | 1.06x | 3.26x | ฿12.93 Million |
| 2012 | 17.87% | 3.40% | 1.65x | 3.18x | ฿33.15 Million |
| 2013 | 5.63% | 2.56% | 1.13x | 1.95x | ฿-25.75 Million |
| 2014 | -8.60% | -4.18% | 0.98x | 2.10x | ฿-117.90 Million |
| 2015 | -12.27% | -5.77% | 1.02x | 2.09x | ฿-145.80 Million |
| 2016 | -1.70% | -0.86% | 0.86x | 2.29x | ฿-75.43 Million |
| 2017 | -0.11% | -0.06% | 1.02x | 1.93x | ฿-77.73 Million |
| 2018 | -108.55% | -29.07% | 1.21x | 3.09x | ฿-537.89 Million |
| 2019 | 21.04% | 5.03% | 1.18x | 3.55x | ฿53.02 Million |
| 2020 | 12.86% | 6.48% | 0.59x | 3.34x | ฿14.71 Million |
| 2021 | 10.43% | 10.22% | 0.55x | 1.85x | ฿4.08 Million |
| 2022 | 8.33% | 9.20% | 0.55x | 1.66x | ฿-16.95 Million |
| 2023 | 2.43% | 2.78% | 0.49x | 1.80x | ฿-75.36 Million |
| 2024 | 3.93% | 4.45% | 0.48x | 1.85x | ฿-62.93 Million |
Industry Comparison
This section compares Simat Technologies Public Company Limited's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $843,753,603
- Average return on equity (ROE) among peers: 16.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Simat Technologies Public Company Limited (SIMAT) | ฿1.35 Billion | 43.03% | 0.69x | $18.85 Million |
| Advice It Infinite Pcl (ADVICE) | $310.78 Million | 66.18% | 7.32x | $34.64 Million |
| AJ Advance Technology Public Company Limited (AJA) | $1.87 Billion | 19.05% | 0.61x | $21.27 Million |
| BPS TECHNOLOGY PUBLIC COMPANY LIMITED (BPS) | $161.72 Million | 12.68% | 1.43x | $1.82 Million |
| Comanche International Public Company Limited (COMAN) | $349.09 Million | 0.57% | 0.19x | $1.88 Million |
| Copperwired Public Company Limited (CPW) | $259.71 Million | 8.45% | 1.44x | $8.87 Million |
| Communication & System Solution Public Company Limited (CSS) | $1.73 Billion | 9.81% | 1.22x | $17.83 Million |
| IT City Public Company Limited (IT) | $752.31 Million | 15.60% | 0.34x | $12.27K |
| Metro Systems Corporation Public Company Limited (MSC) | $455.46 Million | 0.00% | 3.33x | $10.97 Million |
| SiS Distribution (Thailand) Public Company Limited (SIS) | $1.71 Billion | 13.31% | 1.90x | $78.03 Million |