Sikarin Public Company Limited
Sikarin Public Company Limited, together with its subsidiaries, operates hospitals in Thailand. The company operates diabetes and endocrine center, general medicine clinic, emergency and trauma center, surgery clinic, children's dental center, aesthetic center, laboratory department, diagnostic radiology center, CT scan unit, operating rooms, hemodialysis units, physical therapy department with p… Read more
Sikarin Public Company Limited (SKR) - Net Assets
Latest net assets as of September 2025: ฿7.77 Billion THB
Based on the latest financial reports, Sikarin Public Company Limited (SKR) has net assets worth ฿7.77 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 (฿9.47 Billion) and total liabilities (฿1.70 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 | ฿7.77 Billion |
| % of Total Assets | 82.04% |
| Annual Growth Rate | N/A |
| 5-Year Change | 89.24% |
| 10-Year Change | 304.47% |
| Growth Volatility | 85.26 |
Sikarin Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Sikarin 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 Sikarin Public Company Limited (2000–2024)
The table below shows the annual net assets of Sikarin Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿7.74 Billion | +3.97% |
| 2023-12-31 | ฿7.45 Billion | +7.93% |
| 2022-12-31 | ฿6.90 Billion | +23.49% |
| 2021-12-31 | ฿5.59 Billion | +36.56% |
| 2020-12-31 | ฿4.09 Billion | +5.26% |
| 2019-12-31 | ฿3.89 Billion | +2.77% |
| 2018-12-31 | ฿3.78 Billion | +6.34% |
| 2017-12-31 | ฿3.56 Billion | +2.30% |
| 2016-12-31 | ฿3.48 Billion | +81.63% |
| 2015-12-31 | ฿1.91 Billion | +10.92% |
| 2014-12-31 | ฿1.73 Billion | +28.06% |
| 2013-12-31 | ฿1.35 Billion | +18.85% |
| 2012-12-31 | ฿1.13 Billion | +6.52% |
| 2011-12-31 | ฿1.06 Billion | +4.68% |
| 2010-12-31 | ฿1.02 Billion | +16.96% |
| 2009-12-31 | ฿869.34 Million | +8.87% |
| 2008-12-31 | ฿798.53 Million | +14.29% |
| 2007-12-31 | ฿698.70 Million | +11.78% |
| 2006-12-31 | ฿625.04 Million | +12.22% |
| 2005-12-31 | ฿556.96 Million | +24.88% |
| 2004-12-31 | ฿446.00 Million | +12.22% |
| 2003-12-31 | ฿397.44 Million | +171.31% |
| 2002-12-31 | ฿146.49 Million | +403.24% |
| 2001-12-31 | ฿29.11 Million | +140.82% |
| 2000-12-31 | ฿-71.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sikarin 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 388168631900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿3.88 Billion | 50.75% |
| Common Stock | ฿1.03 Billion | 13.45% |
| Other Comprehensive Income | ฿1.00 Billion | 13.12% |
| Other Components | ฿1.73 Billion | 22.68% |
| Total Equity | ฿7.65 Billion | 100.00% |
Sikarin Public Company Limited Competitors by Market Cap
The table below lists competitors of Sikarin Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanmiglobal
KO:053690
|
$105.57 Million |
|
EVI Industries Inc
NYSE MKT:EVI
|
$105.58 Million |
|
Politeknik Metal Sanayi ve
IS:POLTK
|
$105.61 Million |
|
Emerita Resources Corp
OTCQB:EMOTF
|
$105.66 Million |
|
Lealea Enterprise Co Ltd
TW:1444
|
$105.55 Million |
|
Bombay Dyeing & Mfg Company Limited
NSE:BOMDYEING
|
$105.52 Million |
|
SMARTOPTICS GRP AS NK-02
F:3YL
|
$105.49 Million |
|
Meteoric Resources NL
OTCGREY:METOF
|
$105.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sikarin Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,354,666,295 to 7,647,955,773, a change of 293,289,478 (4.0%).
- Net income of 663,587,250 contributed positively to equity growth.
- Dividend payments of 369,809,884 reduced retained earnings.
- Other comprehensive income increased equity by 90,973,611.
- Other factors decreased equity by 91,461,499.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿663.59 Million | +8.68% |
| Dividends Paid | ฿369.81 Million | -4.84% |
| Other Comprehensive Income | ฿90.97 Million | +1.19% |
| Other Changes | ฿-91.46 Million | -1.2% |
| Total Change | ฿- | 3.99% |
Book Value vs Market Value Analysis
This analysis compares Sikarin 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: 1.86x
- 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 17.18x to 1.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿0.40 | ฿6.90 | x |
| 2007-12-31 | ฿0.45 | ฿6.90 | x |
| 2008-12-31 | ฿0.51 | ฿6.90 | x |
| 2009-12-31 | ฿0.57 | ฿6.90 | x |
| 2010-12-31 | ฿0.73 | ฿6.90 | x |
| 2011-12-31 | ฿0.77 | ฿6.90 | x |
| 2012-12-31 | ฿0.81 | ฿6.90 | x |
| 2013-12-31 | ฿0.87 | ฿6.90 | x |
| 2014-12-31 | ฿1.26 | ฿6.90 | x |
| 2015-12-31 | ฿1.19 | ฿6.90 | x |
| 2016-12-31 | ฿2.10 | ฿6.90 | x |
| 2017-12-31 | ฿1.78 | ฿6.90 | x |
| 2018-12-31 | ฿1.88 | ฿6.90 | x |
| 2019-12-31 | ฿1.92 | ฿6.90 | x |
| 2020-12-31 | ฿2.02 | ฿6.90 | x |
| 2021-12-31 | ฿2.75 | ฿6.90 | x |
| 2022-12-31 | ฿3.31 | ฿6.90 | x |
| 2023-12-31 | ฿3.57 | ฿6.90 | x |
| 2024-12-31 | ฿3.72 | ฿6.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sikarin 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): 8.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.96%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.26x
- Recent ROE (8.68%) is below the historical average (22.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 226.05% | 10.65% | 0.96x | 22.20x | ฿62.89 Million |
| 2002 | 64.01% | 13.25% | 1.06x | 4.54x | ฿79.12 Million |
| 2003 | 13.68% | 7.05% | 0.77x | 2.51x | ฿14.63 Million |
| 2004 | 21.66% | 11.76% | 0.86x | 2.13x | ฿52.01 Million |
| 2005 | 21.54% | 13.41% | 0.82x | 1.95x | ฿64.27 Million |
| 2006 | 10.89% | 6.74% | 0.89x | 1.82x | ฿5.58 Million |
| 2007 | 10.54% | 6.89% | 0.93x | 1.65x | ฿3.78 Million |
| 2008 | 12.51% | 8.33% | 1.00x | 1.50x | ฿20.08 Million |
| 2009 | 12.91% | 9.24% | 0.98x | 1.42x | ฿26.01 Million |
| 2010 | 13.19% | 10.41% | 0.93x | 1.36x | ฿34.41 Million |
| 2011 | 9.89% | 7.74% | 0.91x | 1.41x | ฿-1.21 Million |
| 2012 | 10.12% | 7.76% | 0.88x | 1.48x | ฿1.40 Million |
| 2013 | 11.03% | 8.82% | 0.83x | 1.50x | ฿13.94 Million |
| 2014 | 9.16% | 8.49% | 0.67x | 1.62x | ฿-14.48 Million |
| 2015 | 6.04% | 5.76% | 0.58x | 1.81x | ฿-75.86 Million |
| 2016 | 5.56% | 7.79% | 0.46x | 1.55x | ฿-151.36 Million |
| 2017 | 4.66% | 5.16% | 0.59x | 1.53x | ฿-186.33 Million |
| 2018 | 6.49% | 7.05% | 0.62x | 1.48x | ฿-131.02 Million |
| 2019 | 6.33% | 6.56% | 0.63x | 1.53x | ฿-140.82 Million |
| 2020 | 8.65% | 9.02% | 0.60x | 1.60x | ฿-54.44 Million |
| 2021 | 25.29% | 21.97% | 0.79x | 1.47x | ฿843.61 Million |
| 2022 | 14.85% | 17.84% | 0.64x | 1.29x | ฿330.37 Million |
| 2023 | 12.12% | 15.31% | 0.63x | 1.26x | ฿155.60 Million |
| 2024 | 8.68% | 10.96% | 0.63x | 1.26x | ฿-101.21 Million |
Industry Comparison
This section compares Sikarin Public Company Limited's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $2,892,225,945
- Average return on equity (ROE) among peers: 25.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sikarin Public Company Limited (SKR) | ฿7.77 Billion | 226.05% | 0.22x | $105.56 Million |
| Aikchol Hospital Public Company Limited (AHC) | $1.55 Billion | 9.07% | 0.19x | $29.59 Million |
| Bangkok Chain Hospital Public Company Limited (BCH-R) | $6.40 Billion | 17.03% | 0.97x | $429.99 Million |
| Bumrungrad Hospital PCL (BH) | $13.10 Billion | 26.23% | 0.63x | $3.50 Billion |
| Chularat Hospital Public Company Limited (CHG) | $1.12 Billion | 29.84% | 0.38x | $205.50 Million |
| Chiang Mai Ram Medical Business Public Company Limited (CMR) | $5.27 Billion | 8.36% | 0.67x | $21.67 Million |
| Dental Corporation Public Company Limited (D) | $106.33 Million | 39.99% | 1.05x | $9.07 Million |
| Ekachai Medical Care Public Company Limited (EKH) | $953.94 Million | 16.80% | 0.15x | $56.66 Million |
| Genesis Fertility Center Public Company Limited (GFC) | $123.73 Million | 56.28% | 0.53x | $4.77 Million |
| Mukdahan International Hospital Public Company Limited (HANN) | $176.84 Million | 15.70% | 0.95x | $5.00 Million |
| Intermedical Care and Lab Hospital Public Company Limited (IMH) | $123.08 Million | 37.33% | 0.31x | $7.20 Million |