Sansiri Public Company Limited
Sansiri Public Company Limited, together with its subsidiaries, engages in the property development business in Thailand. The company operates through Property Development Business; Building Management, Project Management, and Real Estate Brokerage Business; Hotel Management; and Other Business segments. It develops single-detached and semi-detached houses, townhomes, home offices, and condominiu… Read more
Sansiri Public Company Limited (SIRI-R) - Net Assets
Latest net assets as of June 2025: ฿50.99 Billion THB
Based on the latest financial reports, Sansiri Public Company Limited (SIRI-R) has net assets worth ฿50.99 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 (฿150.06 Billion) and total liabilities (฿99.07 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 | ฿50.99 Billion |
| % of Total Assets | 33.98% |
| Annual Growth Rate | 7.2% |
| 5-Year Change | 24.98% |
| 10-Year Change | N/A |
| Growth Volatility | 6.36 |
Sansiri Public Company Limited - Net Assets Trend (2016–2024)
This chart illustrates how Sansiri 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 Sansiri Public Company Limited (2016–2024)
The table below shows the annual net assets of Sansiri Public Company Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿48.99 Billion | +3.34% |
| 2023-12-31 | ฿47.41 Billion | +7.65% |
| 2022-12-31 | ฿44.04 Billion | +7.50% |
| 2021-12-31 | ฿40.97 Billion | +4.51% |
| 2020-12-31 | ฿39.20 Billion | +22.97% |
| 2019-12-31 | ฿31.87 Billion | +3.31% |
| 2018-12-31 | ฿30.85 Billion | +1.23% |
| 2017-12-31 | ฿30.48 Billion | +8.48% |
| 2016-12-31 | ฿28.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sansiri 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 73.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿19.92 Billion | 41.35% |
| Other Components | ฿28.26 Billion | 58.65% |
| Total Equity | ฿48.18 Billion | 100.00% |
Sansiri Public Company Limited Competitors by Market Cap
The table below lists competitors of Sansiri Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunan Keli Motor Co Ltd
SHE:002892
|
$662.42 Million |
|
Hongrun Construction Group Co Ltd
SHE:002062
|
$662.62 Million |
|
C&C Group plc
PINK:CCGPY
|
$663.00 Million |
|
Tokyu Construction Co. Ltd
F:TCW
|
$663.17 Million |
|
Instalco Intressenter AB
ST:INSTAL
|
$662.14 Million |
|
Basilea Pharmaceutica AG
PINK:BPMUF
|
$661.96 Million |
|
HBL Power Systems Limited
NSE:HBLPOWER
|
$661.89 Million |
|
Gambol Pet Group Co Ltd Class A
SHE:301498
|
$661.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sansiri Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,949,312,393 to 48,177,925,325, a change of 2,228,612,932 (4.9%).
- Net income of 5,252,915,556 contributed positively to equity growth.
- Dividend payments of 3,288,664,931 reduced retained earnings.
- New share issuances of 754,149,000 increased equity.
- Other factors decreased equity by 489,786,693.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿5.25 Billion | +10.9% |
| Dividends Paid | ฿3.29 Billion | -6.83% |
| Share Issuances | ฿754.15 Million | +1.57% |
| Other Changes | ฿-489.79 Million | -1.02% |
| Total Change | ฿- | 4.85% |
Book Value vs Market Value Analysis
This analysis compares Sansiri 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: 0.53x
- 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 0.72x to 0.53x 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 | ฿2.05 | ฿1.48 | x |
| 2018-12-31 | ฿2.12 | ฿1.48 | x |
| 2019-12-31 | ฿2.19 | ฿1.48 | x |
| 2020-12-31 | ฿2.51 | ฿1.48 | x |
| 2021-12-31 | ฿2.64 | ฿1.48 | x |
| 2022-12-31 | ฿2.84 | ฿1.48 | x |
| 2023-12-31 | ฿2.75 | ฿1.48 | x |
| 2024-12-31 | ฿2.77 | ฿1.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sansiri 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): 10.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.63%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 3.10x
- Recent ROE (10.90%) is above the historical average (8.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.03% | 10.00% | 0.46x | 2.59x | ฿570.89 Million |
| 2017 | 9.26% | 9.14% | 0.39x | 2.63x | ฿-226.02 Million |
| 2018 | 6.63% | 7.79% | 0.28x | 3.09x | ฿-1.04 Billion |
| 2019 | 7.73% | 9.84% | 0.22x | 3.50x | ฿-701.90 Million |
| 2020 | 4.48% | 4.95% | 0.30x | 3.01x | ฿-2.06 Billion |
| 2021 | 5.14% | 6.82% | 0.25x | 2.97x | ฿-1.91 Billion |
| 2022 | 10.09% | 12.51% | 0.27x | 3.00x | ฿36.59 Million |
| 2023 | 13.19% | 16.43% | 0.25x | 3.21x | ฿1.47 Billion |
| 2024 | 10.90% | 13.63% | 0.26x | 3.10x | ฿435.12 Million |
Industry Comparison
This section compares Sansiri Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $5,782,610,297
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sansiri Public Company Limited (SIRI-R) | ฿50.99 Billion | 12.03% | 1.94x | $662.14 Million |
| Areeya Property Public Company Limited (A) | $3.11 Billion | -11.12% | 3.14x | $24.02 Million |
| Asset Five Group PCL (A5) | $1.40 Billion | 36.13% | 1.44x | $20.21 Million |
| AKS Corporation Public Company Limited (AKS) | $2.92 Billion | 4.40% | 1.17x | $2.35 Million |
| Alpha Divisions PCL (ALPHAX) | $187.30 Million | 8.66% | 0.63x | $54.26 Million |
| Amata Corporation Public Company Limited (AMATA-R) | $14.97 Billion | 9.41% | 0.96x | $384.26 Million |
| Ananda Development Public Company Limited (ANAN) | $4.92 Billion | -5.84% | 0.90x | $18.46 Million |
| AP (Thailand) Public Company Limited (AP-R) | $24.38 Billion | 15.86% | 1.02x | $605.57 Million |
| Arinsiri Land Public Company Limited (ARIN) | $9.74 Million | -2.64% | 28.78x | $5.22 Million |
| Bless Asset Group PCL (BLESS) | $582.78 Million | 10.14% | 1.76x | $1.59 Million |
| Britania PCL (BRI) | $5.35 Billion | 22.34% | 2.72x | $8.35 Million |