Srithai Superware Public Company Limited
Srithai Superware Public Company Limited, together with its subsidiaries, manufactures and distributes household and industrial plastic products in Vietnam and internationally. It offers food packaging products; beverage packaging products, including PET bottles, beverage lids, and preforms plastics; rigid packaging product, such as plastic buckets; and automotive and motorcycle battery cover and… Read more
Srithai Superware Public Company Limited (SITHAI) - Net Assets
Latest net assets as of September 2025: ฿4.33 Billion THB
Based on the latest financial reports, Srithai Superware Public Company Limited (SITHAI) has net assets worth ฿4.33 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 (฿6.77 Billion) and total liabilities (฿2.45 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 | ฿4.33 Billion |
| % of Total Assets | 63.87% |
| Annual Growth Rate | 1.28% |
| 5-Year Change | 17.83% |
| 10-Year Change | -9.84% |
| Growth Volatility | 9.04 |
Srithai Superware Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Srithai Superware 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 Srithai Superware Public Company Limited (2000–2024)
The table below shows the annual net assets of Srithai Superware Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.47 Billion | -1.31% |
| 2023-12-31 | ฿4.53 Billion | +3.41% |
| 2022-12-31 | ฿4.38 Billion | +5.71% |
| 2021-12-31 | ฿4.14 Billion | +9.22% |
| 2020-12-31 | ฿3.79 Billion | -3.88% |
| 2019-12-31 | ฿3.95 Billion | -10.82% |
| 2018-12-31 | ฿4.42 Billion | -2.70% |
| 2017-12-31 | ฿4.55 Billion | -7.81% |
| 2016-12-31 | ฿4.93 Billion | -0.48% |
| 2015-12-31 | ฿4.96 Billion | +4.75% |
| 2014-12-31 | ฿4.73 Billion | +3.66% |
| 2013-12-31 | ฿4.57 Billion | +2.41% |
| 2012-12-31 | ฿4.46 Billion | +9.17% |
| 2011-12-31 | ฿4.08 Billion | -21.54% |
| 2010-12-31 | ฿5.20 Billion | +3.70% |
| 2009-12-31 | ฿5.02 Billion | -15.82% |
| 2008-12-31 | ฿5.96 Billion | +17.77% |
| 2007-12-31 | ฿5.06 Billion | +2.06% |
| 2006-12-31 | ฿4.96 Billion | +7.58% |
| 2005-12-31 | ฿4.61 Billion | +0.89% |
| 2004-12-31 | ฿4.57 Billion | +6.35% |
| 2003-12-31 | ฿4.30 Billion | +4.07% |
| 2002-12-31 | ฿4.13 Billion | +19.69% |
| 2001-12-31 | ฿3.45 Billion | +4.83% |
| 2000-12-31 | ฿3.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Srithai Superware 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 165039749400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.65 Billion | 39.05% |
| Common Stock | ฿2.71 Billion | 64.11% |
| Other Comprehensive Income | ฿377.61 Million | 8.93% |
| Total Equity | ฿4.23 Billion | 100.00% |
Srithai Superware Public Company Limited Competitors by Market Cap
The table below lists competitors of Srithai Superware Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ambipar Participações e Empreendimentos S.A
SA:AMBP3
|
$31.12 Million |
|
Enseval Putra Megatrading Tbk
JK:EPMT
|
$31.13 Million |
|
High Co.
LSE:0O9Y
|
$31.13 Million |
|
Forafric Global PLC Ordinary Shares
NASDAQ:AFRI
|
$31.15 Million |
|
SUNDRAGON S.A. ZY-1
F:6EI
|
$31.10 Million |
|
Wittchen SA
WAR:WTN
|
$31.09 Million |
|
Red Planet Indonesia Tbk
JK:PSKT
|
$31.09 Million |
|
TUNGSTEN WEST PLC LS -01
F:540
|
$31.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Srithai Superware Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,278,849,008 to 4,226,879,481, a change of -51,969,527 (-1.2%).
- Net income of 284,974,567 contributed positively to equity growth.
- Dividend payments of 162,242,346 reduced retained earnings.
- Share repurchases of 106,624,432 reduced equity.
- Other comprehensive income increased equity by 106,624,432.
- Other factors decreased equity by 174,701,748.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿284.97 Million | +6.74% |
| Dividends Paid | ฿162.24 Million | -3.84% |
| Share Repurchases | ฿106.62 Million | -2.52% |
| Other Comprehensive Income | ฿106.62 Million | +2.52% |
| Other Changes | ฿-174.70 Million | -4.13% |
| Total Change | ฿- | -1.21% |
Book Value vs Market Value Analysis
This analysis compares Srithai Superware 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: 0.66x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿1.75 | ฿1.04 | x |
| 2007-12-31 | ฿1.77 | ฿1.04 | x |
| 2008-12-31 | ฿1.77 | ฿1.04 | x |
| 2009-12-31 | ฿1.76 | ฿1.04 | x |
| 2010-12-31 | ฿1.83 | ฿1.04 | x |
| 2011-12-31 | ฿1.43 | ฿1.04 | x |
| 2012-12-31 | ฿1.56 | ฿1.04 | x |
| 2013-12-31 | ฿1.60 | ฿1.04 | x |
| 2014-12-31 | ฿1.66 | ฿1.04 | x |
| 2015-12-31 | ฿1.74 | ฿1.04 | x |
| 2016-12-31 | ฿1.73 | ฿1.04 | x |
| 2017-12-31 | ฿2.02 | ฿1.04 | x |
| 2018-12-31 | ฿1.65 | ฿1.04 | x |
| 2019-12-31 | ฿1.36 | ฿1.04 | x |
| 2020-12-31 | ฿1.31 | ฿1.04 | x |
| 2021-12-31 | ฿1.44 | ฿1.04 | x |
| 2022-12-31 | ฿1.52 | ฿1.04 | x |
| 2023-12-31 | ฿1.58 | ฿1.04 | x |
| 2024-12-31 | ฿1.57 | ฿1.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Srithai Superware 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): 6.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.53%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.70x
- Recent ROE (6.74%) is above the historical average (5.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.79% | 3.30% | 0.50x | 2.28x | ฿-204.00 Million |
| 2002 | 13.21% | 13.87% | 0.56x | 1.69x | ฿127.72 Million |
| 2003 | 3.85% | 4.00% | 0.63x | 1.52x | ฿-253.77 Million |
| 2004 | 7.16% | 6.99% | 0.72x | 1.43x | ฿-124.92 Million |
| 2005 | 5.98% | 5.63% | 0.77x | 1.39x | ฿-177.42 Million |
| 2006 | 8.34% | 7.46% | 0.79x | 1.41x | ฿-78.79 Million |
| 2007 | 3.62% | 3.13% | 0.81x | 1.43x | ฿-306.99 Million |
| 2008 | 2.05% | 1.70% | 0.78x | 1.55x | ฿-381.31 Million |
| 2009 | 1.21% | 1.06% | 0.71x | 1.62x | ฿-419.38 Million |
| 2010 | 5.41% | 3.91% | 0.81x | 1.72x | ฿-226.92 Million |
| 2011 | 7.27% | 3.73% | 0.93x | 2.08x | ฿-105.97 Million |
| 2012 | 12.81% | 6.19% | 0.94x | 2.21x | ฿118.99 Million |
| 2013 | 11.23% | 5.18% | 0.93x | 2.34x | ฿53.41 Million |
| 2014 | 10.43% | 4.82% | 0.93x | 2.33x | ฿19.41 Million |
| 2015 | 9.44% | 4.56% | 0.88x | 2.36x | ฿-26.22 Million |
| 2016 | 5.46% | 2.76% | 0.82x | 2.41x | ฿-213.25 Million |
| 2017 | 0.99% | 0.44% | 0.89x | 2.50x | ฿-386.61 Million |
| 2018 | 1.82% | 0.78% | 0.95x | 2.45x | ฿-341.21 Million |
| 2019 | -5.73% | -2.39% | 1.04x | 2.29x | ฿-581.29 Million |
| 2020 | -2.83% | -1.46% | 0.90x | 2.16x | ฿-455.84 Million |
| 2021 | 4.64% | 2.41% | 0.93x | 2.06x | ฿-209.23 Million |
| 2022 | 8.47% | 3.74% | 1.15x | 1.97x | ฿-63.07 Million |
| 2023 | 8.70% | 4.36% | 1.13x | 1.77x | ฿-55.46 Million |
| 2024 | 6.74% | 3.53% | 1.12x | 1.70x | ฿-137.71 Million |
Industry Comparison
This section compares Srithai Superware Public Company Limited's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $18,176,686,362
- Average return on equity (ROE) among peers: 10.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Srithai Superware Public Company Limited (SITHAI) | ฿4.33 Billion | 3.79% | 0.57x | $31.12 Million |
| A.J. Plast Public Company Limited (AJ) | $4.49 Billion | -8.17% | 2.18x | $16.12 Million |
| BG Container Glass Public Company Limited (BGC) | $5.49 Billion | 9.54% | 2.41x | $20.59 Million |
| Crown Seal Public Company Limited (CSC) | $3.09 Billion | 8.09% | 0.19x | $21.44 Million |
| Multibax Public Company Limited (MBAX) | $145.76 Million | 53.71% | 4.54x | $7.21 Million |
| NEP Realty and Industry Public Company Limited (NEP) | $814.10 Million | 9.96% | 1.69x | $4.22 Million |
| Prodigy Public Company Limited (PDG) | $594.82 Million | 4.86% | 0.18x | $8.62 Million |
| Panjawattana Plastic Public Company Limited (PJW) | $1.10 Billion | 10.43% | 1.61x | $18.84 Million |
| PMC LABEL MATERIALS PUBLIC COMPANY LIMITED (PMC) | $547.95 Million | 7.39% | 0.94x | $2.85 Million |
| SCG Packaging Public Company Limited (SCGP) | $109.84 Billion | 5.88% | 0.57x | $553.20 Million |
| SCG PACKAGING PCL-NVDR (SCGP-R) | $55.65 Billion | 7.95% | 0.64x | $544.28 Million |