Singer Thailand Public Company Limited

BK:SINGER Thailand Credit Services
Market Cap
$123.41 Million
฿4.28 Billion THB
Market Cap Rank
#20288 Global
#189 in Thailand
Share Price
฿5.25
Change (1 day)
-3.67%
52-Week Range
฿3.98 - ฿7.65
All Time High
฿55.52
Categories
Companies in Thailand Credit Services Banking & Financial
About

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 machines, kitchen appliances, vacuums cleaners and air purifiers, refrigerator, gas stove,… Read more

Singer Thailand Public Company Limited (SINGER) - Net Assets

Latest net assets as of December 2025: ฿14.89 Billion THB

Based on the latest financial reports, Singer Thailand Public Company Limited (SINGER) has net assets worth ฿14.89 Billion THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿16.54 Billion) and total liabilities (฿1.65 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 ฿14.89 Billion
% of Total Assets 90.05%
Annual Growth Rate 8.18%
5-Year Change 0.38%
10-Year Change 815.93%
Growth Volatility 86.26

Singer Thailand Public Company Limited - Net Assets Trend (2000–2025)

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 (2000–2025)

The table below shows the annual net assets of Singer Thailand Public Company Limited from 2000 to 2025.

Year Net Assets Change
2025-12-31 ฿14.89 Billion +0.65%
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 +3.05%
2015-12-31 ฿1.58 Billion +0.00%
2014-12-31 ฿1.58 Billion +10.17%
2013-12-31 ฿1.43 Billion +20.09%
2012-12-31 ฿1.19 Billion +21.59%
2011-12-31 ฿980.94 Million +15.72%
2010-12-31 ฿847.69 Million +58.57%
2009-12-31 ฿534.57 Million +4.84%
2008-12-31 ฿509.90 Million -18.35%
2007-12-31 ฿624.45 Million -41.39%
2006-12-31 ฿1.07 Billion -53.64%
2005-12-31 ฿2.30 Billion +0.41%
2004-12-31 ฿2.29 Billion +0.57%
2003-12-31 ฿2.28 Billion +5.69%
2002-12-31 ฿2.15 Billion -1.91%
2001-12-31 ฿2.20 Billion +5.31%
2000-12-31 ฿2.08 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 243.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components ฿15.18 Billion 114.33%
Total Equity ฿13.27 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
Eroad Ltd
AU:ERD
 		$61.67 Million
EHC B.V. CLASS A EO 1
F:QX0
 		$61.67 Million
AMICA S.A. ZY 2
F:9R1
 		$61.69 Million
Sun Max Tech Ltd
TW:6591
 		$61.75 Million
Geumhwa Plant Service & Construction Co. Ltd
KQ:036190
 		$61.66 Million
Daejoo Inc
KQ:003310
 		$61.66 Million
Traditions Bank (Pennsylvania)
PINK:TRBK
 		$61.65 Million
Semyung Electric Machinery Co.Ltd
KQ:017510
 		$61.65 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 2024 to 2025, total equity changed from 13,238,561,050 to 13,274,213,522, a change of 35,652,472 (0.3%).
  • Net income of 105,084,088 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 420,725,272.
  • Other factors increased equity by 351,293,656.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿105.08 Million +0.79%
Other Comprehensive Income ฿-420.73 Million -3.17%
Other Changes ฿351.29 Million +2.65%
Total Change ฿- 0.27%

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: 0.32x
  • 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 0.78x to 0.32x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 ฿6.70 ฿5.25 x
2004-12-31 ฿6.71 ฿5.25 x
2005-12-31 ฿6.85 ฿5.25 x
2006-12-31 ฿3.14 ฿5.25 x
2007-12-31 ฿1.83 ฿5.25 x
2008-12-31 ฿1.50 ฿5.25 x
2009-12-31 ฿1.57 ฿5.25 x
2010-12-31 ฿2.49 ฿5.25 x
2011-12-31 ฿2.89 ฿5.25 x
2012-12-31 ฿3.51 ฿5.25 x
2013-12-31 ฿4.21 ฿5.25 x
2014-12-31 ฿4.64 ฿5.25 x
2015-12-31 ฿4.64 ฿5.25 x
2016-12-31 ฿4.78 ฿5.25 x
2017-12-31 ฿4.64 ฿5.25 x
2018-12-31 ฿5.23 ฿5.25 x
2019-12-31 ฿6.37 ฿5.25 x
2020-12-31 ฿6.71 ฿5.25 x
2021-12-31 ฿27.94 ฿5.25 x
2022-12-31 ฿21.19 ฿5.25 x
2023-12-31 ฿17.12 ฿5.25 x
2024-12-31 ฿16.24 ฿5.25 x
2025-12-31 ฿16.29 ฿5.25 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): 0.79%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.08%
  • • Asset Turnover: 0.21x
  • • Equity Multiplier: 1.25x
  • Recent ROE (0.79%) is above the historical average (-2.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 6.40% 4.08% 0.78x 2.01x ฿-75.06 Million
2001 7.64% 5.07% 0.83x 1.82x ฿-51.83 Million
2002 9.15% 5.05% 1.10x 1.65x ฿-18.37 Million
2003 10.55% 5.25% 1.04x 1.93x ฿12.46 Million
2004 8.05% 4.30% 0.81x 2.31x ฿-44.73 Million
2005 3.83% 1.79% 0.79x 2.71x ฿-141.89 Million
2006 -115.72% -32.34% 0.94x 3.81x ฿-1.34 Billion
2007 -80.11% -19.90% 1.01x 3.99x ฿-562.67 Million
2008 -16.00% -3.46% 1.04x 4.44x ฿-132.59 Million
2009 6.83% 1.95% 0.97x 3.62x ฿-16.92 Million
2010 10.54% 4.14% 1.01x 2.52x ฿4.60 Million
2011 14.52% 5.98% 1.07x 2.27x ฿44.36 Million
2012 18.97% 9.72% 0.86x 2.27x ฿106.95 Million
2013 22.38% 8.84% 1.11x 2.27x ฿177.34 Million
2014 15.30% 7.04% 1.02x 2.13x ฿83.63 Million
2015 9.07% 4.24% 1.01x 2.12x ฿-14.65 Million
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 5.30% 18.29% 0.20x 1.47x ฿-828.83 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
2025 0.79% 3.08% 0.21x 1.25x ฿-1.22 Billion

Industry Comparison

This section compares Singer Thailand Public Company Limited's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $3,615,882,665
  • Average return on equity (ROE) among peers: 9.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Singer Thailand Public Company Limited (SINGER) ฿14.89 Billion 6.40% 0.11x $61.66 Million
ASIA Capital Group Public Company Limited (ACAP) $1.25 Billion 20.47% 2.85x $1.71 Million
AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) $25.06 Billion 13.00% 2.69x $163.14 Million
AIRA Factoring Public Company Limited (AF) $525.62 Million 8.61% 3.54x $1.07 Million
Amanah Leasing Public Company Limited (AMANAH) $1.81 Billion -0.91% 1.39x $12.17 Million
Asia Sermkij Leasing Public Company Limited (ASK) $4.35 Billion 15.66% 5.96x $91.10 Million
Chase Asia PCL (CHASE) $-209.42 Million 0.00% 0.00x $6.90 Million
Chayo Group Public Company Limited (CHAYO) $201.79 Million 2.02% 0.17x $19.15 Million
Eastern Commercial Leasing Public Company Limited (ECL) $228.53 Million 5.18% 2.63x $11.11 Million
G Capital Public Company Limited (GCAP) $128.58 Million 25.38% 4.73x $3.66 Million
Heng Leasing & Capital PCL (HENG) $2.82 Billion 5.39% 1.80x $38.71 Million