Srithai Superware Public Company Limited (SITHAI) - Net Assets

Latest as of September 2025: ฿4.33 Billion THB ≈ $134.87 Million USD

Based on the latest financial reports, Srithai Superware Public Company Limited (SITHAI) has net assets worth ฿4.33 Billion THB (≈ $134.87 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 (฿6.77 Billion ≈ $211.15 Million USD) and total liabilities (฿2.45 Billion ≈ $76.28 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 Srithai Superware Public Company Limited (SITHAI) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Srithai Superware Public Company Limited total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Srithai Superware Public Company Limited (SITHAI) total market value.

Year	Net Assets	Change
2024-12-31	฿4.47 Billion ≈ $139.31 Million	-1.31%
2023-12-31	฿4.53 Billion ≈ $141.16 Million	+3.41%
2022-12-31	฿4.38 Billion ≈ $136.51 Million	+5.71%
2021-12-31	฿4.14 Billion ≈ $129.13 Million	+9.22%
2020-12-31	฿3.79 Billion ≈ $118.23 Million	-3.88%
2019-12-31	฿3.95 Billion ≈ $123.00 Million	-10.82%
2018-12-31	฿4.42 Billion ≈ $137.92 Million	-2.70%
2017-12-31	฿4.55 Billion ≈ $141.75 Million	-7.81%
2016-12-31	฿4.93 Billion ≈ $153.76 Million	-0.48%
2015-12-31	฿4.96 Billion ≈ $154.51 Million	+4.75%
2014-12-31	฿4.73 Billion ≈ $147.50 Million	+3.66%
2013-12-31	฿4.57 Billion ≈ $142.29 Million	+2.41%
2012-12-31	฿4.46 Billion ≈ $138.95 Million	+9.17%
2011-12-31	฿4.08 Billion ≈ $127.28 Million	-21.54%
2010-12-31	฿5.20 Billion ≈ $162.23 Million	+3.70%
2009-12-31	฿5.02 Billion ≈ $156.44 Million	-15.82%
2008-12-31	฿5.96 Billion ≈ $185.84 Million	+17.77%
2007-12-31	฿5.06 Billion ≈ $157.80 Million	+2.06%
2006-12-31	฿4.96 Billion ≈ $154.61 Million	+7.58%
2005-12-31	฿4.61 Billion ≈ $143.72 Million	+0.89%
2004-12-31	฿4.57 Billion ≈ $142.45 Million	+6.35%
2003-12-31	฿4.30 Billion ≈ $133.95 Million	+4.07%
2002-12-31	฿4.13 Billion ≈ $128.70 Million	+19.69%
2001-12-31	฿3.45 Billion ≈ $107.53 Million	+4.83%
2000-12-31	฿3.29 Billion ≈ $102.58 Million	--

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
Installux PA:ALLUX	$83.83 Million
RSWM Limited NSE:RSWM	$83.83 Million
SRP Groupe SA PA:SRP	$83.87 Million
Compagnie Industrielle et Financière d'Entreprises SA PA:INFE	$83.88 Million
ALM EQUITY AB F:I53	$83.82 Million
Tuniu Corp NASDAQ:TOUR	$83.80 Million
Empress Royalty Corp V:EMPR	$83.79 Million
UOB Kay Hian Securities (Thailand) Public Company Limited BK:UOBKH	$83.79 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: 0.65x
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	฿1.02	x
2007-12-31	฿1.77	฿1.02	x
2008-12-31	฿1.77	฿1.02	x
2009-12-31	฿1.76	฿1.02	x
2010-12-31	฿1.83	฿1.02	x
2011-12-31	฿1.43	฿1.02	x
2012-12-31	฿1.56	฿1.02	x
2013-12-31	฿1.60	฿1.02	x
2014-12-31	฿1.66	฿1.02	x
2015-12-31	฿1.74	฿1.02	x
2016-12-31	฿1.73	฿1.02	x
2017-12-31	฿2.02	฿1.02	x
2018-12-31	฿1.65	฿1.02	x
2019-12-31	฿1.36	฿1.02	x
2020-12-31	฿1.31	฿1.02	x
2021-12-31	฿1.44	฿1.02	x
2022-12-31	฿1.52	฿1.02	x
2023-12-31	฿1.58	฿1.02	x
2024-12-31	฿1.57	฿1.02	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: $1,255,174,023
Average return on equity (ROE) among peers: 6.85%

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	$83.83 Million
A.J. Plast Public Company Limited (AJ)	$4.28 Billion	-12.92%	2.21x	$53.17 Million
Crown Seal Public Company Limited (CSC)	$443.56 Million	23.76%	3.81x	$68.48 Million
Multibax Public Company Limited (MBAX)	$594.89 Million	29.60%	1.43x	$10.66 Million
NEP Realty and Industry Public Company Limited (NEP)	$567.12 Million	-6.67%	0.06x	$14.50 Million
Prodigy Public Company Limited (PDG)	$626.18 Million	13.29%	0.19x	$28.33 Million
Panjawattana Plastic Public Company Limited (PJW)	$1.25 Billion	6.70%	1.51x	$37.55 Million
S. Pack & Print Public Company Limited (SPACK)	$506.65 Million	-7.12%	1.49x	$10.66 Million
Thai Coating Industrial Public Company Limited (TCOAT)	$239.75 Million	15.05%	1.20x	$9.25 Million
Thai Film Industries Public Company Limited (TFI)	$2.79 Billion	0.00%	1.70x	$26.22 Million

About Srithai Superware Public Company Limited

BK:SITHAI Thailand Packaging & Containers

Market Cap

$83.83 Million

฿2.69 Billion THB

Market Cap Rank

#19853 Global

#292 in Thailand

Share Price

฿1.02

Change (1 day)

+0.99%

52-Week Range

฿0.98 - ฿1.13

All Time High

฿1.87