Singer Thailand Public Company Limited
Singer Thailand Public Company Limited, together with its subsidiaries, distributes household electrical and commercial appliances in Thailand. The company operates through three segments: Trade Sales; Hire Purchase and Loans; and Service and Others. It offers household electrical appliances, such as sewing machine, kitchen appliances, vacuums cleaners and air purifiers, refrigerator, gas stove, … Read more
Singer Thailand Public Company Limited (SINGER-R) - Net Assets
Latest net assets as of June 2025: ฿14.86 Billion THB
Based on the latest financial reports, Singer Thailand Public Company Limited (SINGER-R) has net assets worth ฿14.86 Billion THB as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿15.88 Billion) and total liabilities (฿1.01 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 | ฿14.86 Billion |
| % of Total Assets | 93.63% |
| Annual Growth Rate | 31.79% |
| 5-Year Change | 426.6% |
| 10-Year Change | N/A |
| Growth Volatility | 139.78 |
Singer Thailand Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Singer Thailand 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 Singer Thailand Public Company Limited (2016–2024)
The table below shows the annual net assets of Singer Thailand Public Company Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿14.80 Billion | +6.07% |
| 2023-12-31 | ฿13.95 Billion | -23.80% |
| 2022-12-31 | ฿18.31 Billion | +23.38% |
| 2021-12-31 | ฿14.84 Billion | +428.04% |
| 2020-12-31 | ฿2.81 Billion | +19.91% |
| 2019-12-31 | ฿2.34 Billion | +53.80% |
| 2018-12-31 | ฿1.52 Billion | -3.42% |
| 2017-12-31 | ฿1.58 Billion | -2.98% |
| 2016-12-31 | ฿1.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Singer Thailand 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 decreased by 309.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿15.19 Billion | 114.76% |
| Total Equity | ฿13.24 Billion | 100.00% |
Singer Thailand Public Company Limited Competitors by Market Cap
The table below lists competitors of Singer Thailand Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Creades AB Series A
LSE:0QI9
|
$81.71 Million |
|
EROAD Limited
PINK:ERDLF
|
$81.74 Million |
|
Magnora ASA
OL:MGN
|
$81.76 Million |
|
Enviro Infra Engineers Ltd
NSE:EIEL
|
$81.78 Million |
|
Steel Strips Wheels Limited
NSE:SSWL
|
$81.71 Million |
|
Anglo Asian Mining PLC
PINK:AGXKF
|
$81.69 Million |
|
Martin Midstream Partners LP
NASDAQ:MMLP
|
$81.68 Million |
|
P.S.P. Specialties Public Company Limited
BK:PSP
|
$81.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Singer Thailand Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,944,333,457 to 13,238,561,050, a change of -705,772,407 (-5.1%).
- Net income of 13,725,848 contributed positively to equity growth.
- New share issuances of 718,246,707 increased equity.
- Other factors decreased equity by 1,437,744,962.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿13.73 Million | +0.1% |
| Share Issuances | ฿718.25 Million | +5.43% |
| Other Changes | ฿-1.44 Billion | -10.86% |
| Total Change | ฿- | -5.06% |
Book Value vs Market Value Analysis
This analysis compares Singer Thailand 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: 0.43x
- 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 1.26x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | ฿5.51 | ฿6.95 | x |
| 2018-12-31 | ฿5.33 | ฿6.95 | x |
| 2019-12-31 | ฿5.84 | ฿6.95 | x |
| 2020-12-31 | ฿6.81 | ฿6.95 | x |
| 2021-12-31 | ฿18.55 | ฿6.95 | x |
| 2022-12-31 | ฿21.51 | ฿6.95 | x |
| 2023-12-31 | ฿17.08 | ฿6.95 | x |
| 2024-12-31 | ฿16.24 | ฿6.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Singer Thailand 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): 0.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.59%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.30x
- Recent ROE (0.10%) is below the historical average (1.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.37% | 4.81% | 0.79x | 1.93x | ฿-42.81 Million |
| 2017 | -0.62% | -0.44% | 0.63x | 2.22x | ฿-167.53 Million |
| 2018 | -5.30% | -3.08% | 0.51x | 3.34x | ฿-233.14 Million |
| 2019 | 7.08% | 7.03% | 0.40x | 2.52x | ฿-68.46 Million |
| 2020 | 15.78% | 12.67% | 0.38x | 3.29x | ฿162.29 Million |
| 2021 | 4.72% | 16.15% | 0.18x | 1.63x | ฿-783.27 Million |
| 2022 | 5.34% | 18.41% | 0.20x | 1.47x | ฿-822.69 Million |
| 2023 | -23.02% | -110.50% | 0.15x | 1.38x | ฿-4.60 Billion |
| 2024 | 0.10% | 0.59% | 0.13x | 1.30x | ฿-1.31 Billion |
Industry Comparison
This section compares Singer Thailand Public Company Limited's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $4,986,529,956
- Average return on equity (ROE) among peers: 6.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Singer Thailand Public Company Limited (SINGER-R) | ฿14.86 Billion | 7.37% | 0.07x | $81.71 Million |
| ALL ENERGY & UTILITIES PUBLIC COMPANY LIMITED (AE) | $3.37 Billion | 8.33% | 0.51x | $7.13 Million |
| Beauty Community Public Company Limited (BEAUTY) | $544.75 Million | -21.26% | 0.27x | $21.23 Million |
| Big Camera Corporation Public Company Limited (BIG) | $-1.24 Billion | 0.00% | 0.00x | $9.37 Million |
| Com7 PCL (COM7) | $5.30 Billion | 49.62% | 2.01x | $794.60 Million |
| Com7 Public Company Limited (COM7-R) | $2.78 Billion | 32.09% | 1.73x | $844.43 Million |
| Health Empire Corp. PCL (HEALTH) | $956.57 Million | -47.80% | 0.08x | $3.10 Million |
| Jay Mart Public Company Limited (JMART) | $32.72 Billion | -0.49% | 0.71x | $117.98 Million |
| PTG Energy PCL (PTG) | $3.19 Billion | 9.79% | 0.87x | $197.63 Million |
| PTG Energy Public Company Limited (PTG-R) | $1.03 Billion | 22.05% | 1.80x | $186.17 Million |
| RPCG Public Company Limited (RPC) | $1.23 Billion | 14.91% | 1.70x | $7.43 Million |