SiS Distribution (Thailand) Public Company Limited (SIS) - Net Assets
Based on the latest financial reports, SiS Distribution (Thailand) Public Company Limited (SIS) has net assets worth ฿4.32 Billion THB (≈ $134.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿11.63 Billion ≈ $362.61 Million USD) and total liabilities (฿7.31 Billion ≈ $227.98 Million 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. Check SiS Distribution (Thailand) Public Compa liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿4.32 Billion |
| % of Total Assets | 37.13% |
| Annual Growth Rate | 16.74% |
| 5-Year Change | 45.94% |
| 10-Year Change | 158.36% |
| Growth Volatility | 48.17 |
SiS Distribution (Thailand) Public Company Limited - Net Assets Trend (2003–2024)
This chart illustrates how SiS Distribution (Thailand) Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore SiS Distribution (Thailand) Public Compa balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for SiS Distribution (Thailand) Public Company Limited (2003–2024)
The table below shows the annual net assets of SiS Distribution (Thailand) Public Company Limited from 2003 to 2024. For live valuation and market cap data, see SiS Distribution (Thailand) Public Compa market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.10 Billion ≈ $127.78 Million |
+8.75% |
| 2023-12-31 | ฿3.77 Billion ≈ $117.49 Million |
+6.72% |
| 2022-12-31 | ฿3.53 Billion ≈ $110.09 Million |
+8.63% |
| 2021-12-31 | ฿3.25 Billion ≈ $101.35 Million |
+15.75% |
| 2020-12-31 | ฿2.81 Billion ≈ $87.56 Million |
+16.98% |
| 2019-12-31 | ฿2.40 Billion ≈ $74.85 Million |
+10.35% |
| 2018-12-31 | ฿2.18 Billion ≈ $67.82 Million |
+16.63% |
| 2017-12-31 | ฿1.87 Billion ≈ $58.15 Million |
+9.16% |
| 2016-12-31 | ฿1.71 Billion ≈ $53.27 Million |
+7.71% |
| 2015-12-31 | ฿1.59 Billion ≈ $49.46 Million |
+6.64% |
| 2014-12-31 | ฿1.49 Billion ≈ $46.38 Million |
+8.65% |
| 2013-12-31 | ฿1.37 Billion ≈ $42.68 Million |
+165.30% |
| 2012-12-31 | ฿516.16 Million ≈ $16.09 Million |
-59.66% |
| 2011-12-31 | ฿1.28 Billion ≈ $39.88 Million |
+3.02% |
| 2010-12-31 | ฿1.24 Billion ≈ $38.71 Million |
+24.30% |
| 2009-12-31 | ฿999.29 Million ≈ $31.15 Million |
+20.59% |
| 2008-12-31 | ฿828.68 Million ≈ $25.83 Million |
+24.26% |
| 2007-12-31 | ฿666.90 Million ≈ $20.79 Million |
+17.93% |
| 2006-12-31 | ฿565.50 Million ≈ $17.63 Million |
+15.15% |
| 2005-12-31 | ฿491.08 Million ≈ $15.31 Million |
+18.02% |
| 2004-12-31 | ฿416.11 Million ≈ $12.97 Million |
+161.90% |
| 2003-12-31 | ฿158.88 Million ≈ $4.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SiS Distribution (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 grown by 24400.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿3.28 Billion | 79.98% |
| Common Stock | ฿350.20 Million | 8.54% |
| Other Comprehensive Income | ฿35.02 Million | 0.85% |
| Other Components | ฿435.42 Million | 10.62% |
| Total Equity | ฿4.10 Billion | 100.00% |
SiS Distribution (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of SiS Distribution (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bioteque
TWO:4107
|
$252.17 Million |
|
Tiansheng Pharmaceutical Group Co Ltd
SHE:002872
|
$252.21 Million |
|
Aldel Financial II Inc. Class A Ordinary Shares
NASDAQ:ALDF
|
$252.25 Million |
|
Humana AB (publ)
ST:HUM
|
$252.31 Million |
|
Chicago Atlantic Real Estate Finance Inc
NASDAQ:REFI
|
$252.12 Million |
|
So-Young International Inc
NASDAQ:SY
|
$252.11 Million |
|
Everspin Technologies Inc
NASDAQ:MRAM
|
$252.11 Million |
|
Stack Capital Group Inc
TO:STCK
|
$252.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SiS Distribution (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,769,573,000 to 4,099,532,000, a change of 329,959,000 (8.8%).
- Net income of 697,604,000 contributed positively to equity growth.
- Dividend payments of 367,645,000 reduced retained earnings.
- Share repurchases of 18,337,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿697.60 Million | +17.02% |
| Dividends Paid | ฿367.64 Million | -8.97% |
| Share Repurchases | ฿18.34 Million | -0.45% |
| Other Changes | ฿18.34 Million | +0.45% |
| Total Change | ฿- | 8.75% |
Book Value vs Market Value Analysis
This analysis compares SiS Distribution (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: 1.97x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.85x to 1.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿2.13 | ฿23.10 | x |
| 2005-12-31 | ฿2.23 | ฿23.10 | x |
| 2006-12-31 | ฿2.55 | ฿23.10 | x |
| 2007-12-31 | ฿3.01 | ฿23.10 | x |
| 2008-12-31 | ฿3.72 | ฿23.10 | x |
| 2009-12-31 | ฿4.47 | ฿23.10 | x |
| 2010-12-31 | ฿5.50 | ฿23.10 | x |
| 2011-12-31 | ฿5.55 | ฿23.10 | x |
| 2012-12-31 | ฿2.22 | ฿23.10 | x |
| 2013-12-31 | ฿4.62 | ฿23.10 | x |
| 2014-12-31 | ฿4.25 | ฿23.10 | x |
| 2015-12-31 | ฿4.53 | ฿23.10 | x |
| 2016-12-31 | ฿4.88 | ฿23.10 | x |
| 2017-12-31 | ฿5.33 | ฿23.10 | x |
| 2018-12-31 | ฿6.21 | ฿23.10 | x |
| 2019-12-31 | ฿6.86 | ฿23.10 | x |
| 2020-12-31 | ฿8.02 | ฿23.10 | x |
| 2021-12-31 | ฿9.28 | ฿23.10 | x |
| 2022-12-31 | ฿10.09 | ฿23.10 | x |
| 2023-12-31 | ฿10.76 | ฿23.10 | x |
| 2024-12-31 | ฿11.71 | ฿23.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SiS Distribution (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): 17.02%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.42%
- • Asset Turnover: 2.70x
- • Equity Multiplier: 2.60x
- Recent ROE (17.02%) is above the historical average (11.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 27.47% | 0.77% | 3.90x | 9.09x | ฿27.76 Million |
| 2004 | 18.12% | 1.12% | 3.66x | 4.44x | ฿33.78 Million |
| 2005 | 17.95% | 1.00% | 3.74x | 4.78x | ฿39.02 Million |
| 2006 | 16.44% | 1.00% | 4.47x | 3.68x | ฿36.42 Million |
| 2007 | 19.43% | 1.24% | 5.90x | 2.67x | ฿62.91 Million |
| 2008 | 24.93% | 1.71% | 5.64x | 2.59x | ฿123.75 Million |
| 2009 | 24.19% | 1.73% | 4.68x | 2.99x | ฿141.80 Million |
| 2010 | 23.77% | 1.78% | 4.77x | 2.80x | ฿171.07 Million |
| 2011 | 11.22% | 0.64% | 3.73x | 4.70x | ฿15.56 Million |
| 2012 | -143.11% | -3.37% | 4.79x | 8.86x | ฿-790.28 Million |
| 2013 | 13.89% | 1.04% | 3.61x | 3.68x | ฿53.23 Million |
| 2014 | 12.37% | 0.99% | 3.68x | 3.39x | ฿35.30 Million |
| 2015 | 10.64% | 0.94% | 4.07x | 2.79x | ฿10.18 Million |
| 2016 | 13.31% | 1.23% | 3.72x | 2.90x | ฿56.53 Million |
| 2017 | 15.91% | 1.48% | 3.49x | 3.09x | ฿110.23 Million |
| 2018 | 21.50% | 2.11% | 3.57x | 2.85x | ฿250.25 Million |
| 2019 | 17.63% | 2.08% | 2.85x | 2.98x | ฿183.26 Million |
| 2020 | 21.27% | 2.51% | 3.11x | 2.73x | ฿316.59 Million |
| 2021 | 24.38% | 2.45% | 2.70x | 3.68x | ฿467.47 Million |
| 2022 | 19.49% | 2.37% | 2.70x | 3.05x | ฿335.27 Million |
| 2023 | 17.13% | 2.34% | 2.71x | 2.71x | ฿268.63 Million |
| 2024 | 17.02% | 2.42% | 2.70x | 2.60x | ฿287.65 Million |
Industry Comparison
This section compares SiS Distribution (Thailand) 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: $918,429,043
- Average return on equity (ROE) among peers: 8.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SiS Distribution (Thailand) Public Company Limited (SIS) | ฿4.32 Billion | 27.47% | 1.69x | $252.15 Million |
| AJ Advance Technology Public Company Limited (AJA) | $321.00 Million | 9.58% | 3.28x | $25.08 Million |
| Comanche International Public Company Limited (COMAN) | $328.64 Million | -13.86% | 0.05x | $3.24 Million |
| Communication & System Solution Public Company Limited (CSS) | $1.78 Billion | 1.13% | 0.76x | $28.22 Million |
| IT City Public Company Limited (IT) | $839.16 Million | 7.55% | 0.81x | $47.97 Million |
| Metro Systems Corporation Public Company Limited (MSC) | $1.09 Billion | 14.39% | 0.89x | $63.96 Million |
| Simat Technologies Public Company Limited (SIMAT) | $462.89 Million | 16.26% | 1.90x | $27.90 Million |
| S P V I Public Company Limited (SPVI) | $412.27 Million | 17.78% | 1.10x | $35.66 Million |
| SVOA Public Company Limited (SVOA) | $2.11 Billion | 8.94% | 1.99x | $38.03 Million |
| Synnex (Thailand) Public Company Limited (SYNEX) | $920.84 Million | 15.19% | 2.04x | $244.31 Million |
About SiS Distribution (Thailand) Public Company Limited
SiS Distribution (Thailand) Public Company Limited, together with its subsidiaries, engages in the distribution of computer components, smartphones, and office automation equipment in Thailand. It operates in four segments: Commercial Products, Consumer Products, Value Added Products, and Phones. The company is also involved in the servicing and rental of computers and accessories. SiS Distributi… Read more