S.Kijchai Enterprise Public Company Limited
S.Kijchai Enterprise Public Company Limited manufactures and distributes medium density fiber boards in Thailand. The company engages in the manufacture of medium density fiberboard; glue and chemical products; and paper pulp and paper through recycling of wastepaper. It offers its products to building materials industry, interior work, and furniture production. It exports its products. The compa… Read more
S.Kijchai Enterprise Public Company Limited (SKN) - Net Assets
Latest net assets as of September 2025: ฿4.27 Billion THB
Based on the latest financial reports, S.Kijchai Enterprise Public Company Limited (SKN) has net assets worth ฿4.27 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 (฿5.66 Billion) and total liabilities (฿1.39 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 | ฿4.27 Billion |
| % of Total Assets | 75.44% |
| Annual Growth Rate | 25.48% |
| 5-Year Change | 76.61% |
| 10-Year Change | 507.84% |
| Growth Volatility | 57.65 |
S.Kijchai Enterprise Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how S.Kijchai Enterprise 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 S.Kijchai Enterprise Public Company Limited (2013–2024)
The table below shows the annual net assets of S.Kijchai Enterprise Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿4.21 Billion | +12.16% |
| 2023-12-31 | ฿3.76 Billion | +3.78% |
| 2022-12-31 | ฿3.62 Billion | +14.45% |
| 2021-12-31 | ฿3.16 Billion | +32.56% |
| 2020-12-31 | ฿2.39 Billion | +0.15% |
| 2019-12-31 | ฿2.38 Billion | -0.72% |
| 2018-12-31 | ฿2.40 Billion | +5.31% |
| 2017-12-31 | ฿2.28 Billion | +209.31% |
| 2016-12-31 | ฿736.53 Million | +6.27% |
| 2015-12-31 | ฿693.09 Million | +39.87% |
| 2014-12-31 | ฿495.52 Million | +42.89% |
| 2013-12-31 | ฿346.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to S.Kijchai Enterprise 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 236013912000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.11 Billion | 50.01% |
| Other Components | ฿2.11 Billion | 49.99% |
| Total Equity | ฿4.21 Billion | 100.00% |
S.Kijchai Enterprise Public Company Limited Competitors by Market Cap
The table below lists competitors of S.Kijchai Enterprise Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pioneer Power Solutions Inc.
NASDAQ:PPSI
|
$29.93 Million |
|
Flag Ship Acquisition Corp. Ordinary Shares
NASDAQ:FSHP
|
$29.93 Million |
|
Nano Labs Ltd
NASDAQ:NA
|
$29.94 Million |
|
Tainet Communication System
TWO:4905
|
$29.94 Million |
|
Big 5 Sporting Goods Corporation
NASDAQ:BGFV
|
$29.90 Million |
|
A-Tech Solution Co. Ltd
KQ:071670
|
$29.89 Million |
|
Satia Industries Limited
NSE:SATIA
|
$29.88 Million |
|
Eureka Acquisition Corp Class A Ordinary Share
NASDAQ:EURK
|
$29.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S.Kijchai Enterprise Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,756,039,544 to 4,212,910,198, a change of 456,870,654 (12.2%).
- Net income of 624,812,988 contributed positively to equity growth.
- Dividend payments of 168,034,003 reduced retained earnings.
- Other comprehensive income decreased equity by 80,000,000.
- Other factors increased equity by 80,091,669.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿624.81 Million | +14.83% |
| Dividends Paid | ฿168.03 Million | -3.99% |
| Other Comprehensive Income | ฿-80.00 Million | -1.9% |
| Other Changes | ฿80.09 Million | +1.9% |
| Total Change | ฿- | 12.16% |
Book Value vs Market Value Analysis
This analysis compares S.Kijchai Enterprise 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: 1.08x
- 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 9.86x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿0.58 | ฿5.70 | x |
| 2014-12-31 | ฿0.62 | ฿5.70 | x |
| 2015-12-31 | ฿0.87 | ฿5.70 | x |
| 2016-12-31 | ฿0.92 | ฿5.70 | x |
| 2017-12-31 | ฿3.49 | ฿5.70 | x |
| 2018-12-31 | ฿3.00 | ฿5.70 | x |
| 2019-12-31 | ฿2.98 | ฿5.70 | x |
| 2020-12-31 | ฿2.98 | ฿5.70 | x |
| 2021-12-31 | ฿3.95 | ฿5.70 | x |
| 2022-12-31 | ฿4.52 | ฿5.70 | x |
| 2023-12-31 | ฿4.70 | ฿5.70 | x |
| 2024-12-31 | ฿5.27 | ฿5.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S.Kijchai Enterprise 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): 14.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.15%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.21x
- Recent ROE (14.83%) is above the historical average (10.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -62.90% | -27.83% | 0.39x | 5.75x | ฿-252.82 Million |
| 2014 | 5.80% | 1.88% | 0.73x | 4.22x | ฿-20.82 Million |
| 2015 | 51.09% | 21.46% | 0.83x | 2.85x | ฿284.82 Million |
| 2016 | 35.65% | 17.77% | 0.74x | 2.70x | ฿188.93 Million |
| 2017 | 9.92% | 14.43% | 0.60x | 1.14x | ฿-1.86 Million |
| 2018 | 8.62% | 13.43% | 0.46x | 1.39x | ฿-33.12 Million |
| 2019 | 2.54% | 2.59% | 0.69x | 1.41x | ฿-177.79 Million |
| 2020 | 6.84% | 6.61% | 0.68x | 1.52x | ฿-75.46 Million |
| 2021 | 24.56% | 18.58% | 1.02x | 1.30x | ฿460.47 Million |
| 2022 | 18.86% | 16.34% | 0.94x | 1.22x | ฿320.48 Million |
| 2023 | 11.31% | 12.99% | 0.68x | 1.29x | ฿49.15 Million |
| 2024 | 14.83% | 17.15% | 0.72x | 1.21x | ฿203.52 Million |
Industry Comparison
This section compares S.Kijchai Enterprise Public Company Limited's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $6,267,235,681
- Average return on equity (ROE) among peers: 4.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S.Kijchai Enterprise Public Company Limited (SKN) | ฿4.27 Billion | -62.90% | 0.33x | $29.90 Million |
| Vanachai Group Public Company Limited (VNG) | $6.27 Billion | 4.63% | 1.24x | $16.58 Million |