Sikarin Public Company Limited (SKR) - Net Assets

Latest as of September 2025: ฿7.77 Billion THB ≈ $242.21 Million USD

Based on the latest financial reports, Sikarin Public Company Limited (SKR) has net assets worth ฿7.77 Billion THB (≈ $242.21 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 (฿9.47 Billion ≈ $295.23 Million USD) and total liabilities (฿1.70 Billion ≈ $53.02 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 Sikarin Public Company Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Sikarin Public Company Limited balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Sikarin Public Company Limited worth.

Year	Net Assets	Change
2024-12-31	฿7.74 Billion ≈ $241.27 Million	+3.97%
2023-12-31	฿7.45 Billion ≈ $232.07 Million	+7.93%
2022-12-31	฿6.90 Billion ≈ $215.02 Million	+23.49%
2021-12-31	฿5.59 Billion ≈ $174.12 Million	+36.56%
2020-12-31	฿4.09 Billion ≈ $127.50 Million	+5.26%
2019-12-31	฿3.89 Billion ≈ $121.13 Million	+2.77%
2018-12-31	฿3.78 Billion ≈ $117.86 Million	+6.34%
2017-12-31	฿3.56 Billion ≈ $110.84 Million	+2.30%
2016-12-31	฿3.48 Billion ≈ $108.34 Million	+81.63%
2015-12-31	฿1.91 Billion ≈ $59.65 Million	+10.92%
2014-12-31	฿1.73 Billion ≈ $53.78 Million	+28.06%
2013-12-31	฿1.35 Billion ≈ $42.00 Million	+18.85%
2012-12-31	฿1.13 Billion ≈ $35.34 Million	+6.52%
2011-12-31	฿1.06 Billion ≈ $33.17 Million	+4.68%
2010-12-31	฿1.02 Billion ≈ $31.69 Million	+16.96%
2009-12-31	฿869.34 Million ≈ $27.10 Million	+8.87%
2008-12-31	฿798.53 Million ≈ $24.89 Million	+14.29%
2007-12-31	฿698.70 Million ≈ $21.78 Million	+11.78%
2006-12-31	฿625.04 Million ≈ $19.48 Million	+12.22%
2005-12-31	฿556.96 Million ≈ $17.36 Million	+24.88%
2004-12-31	฿446.00 Million ≈ $13.90 Million	+12.22%
2003-12-31	฿397.44 Million ≈ $12.39 Million	+171.31%
2002-12-31	฿146.49 Million ≈ $4.57 Million	+403.24%
2001-12-31	฿29.11 Million ≈ $907.30K	+140.82%
2000-12-31	฿-71.32 Million ≈ $-2.22 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
Lanpec Technologies Ltd SHG:601798	$472.61 Million
Aberdeen Standard Global Infrastructure Income Fund NYSE:ASGI	$472.62 Million
Zhangjiagang Zhonghuan Hailu High-End Equipment Co. Ltd. SHE:301040	$472.66 Million
Argosy Research TWO:3217	$472.66 Million
Shanghai Model Organisms Center Inc SHG:688265	$472.31 Million
Shenzhen Minkave Technology Co Ltd SHE:300506	$472.29 Million
Better Home & Finance Holding Company NASDAQ:BETR	$472.18 Million
Cantor Equity Partners IV, Inc. Class A Ordinary Shares NASDAQ:CEPF	$471.62 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: 2.00x
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 18.55x to 2.00x 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	฿7.45	x
2007-12-31	฿0.45	฿7.45	x
2008-12-31	฿0.51	฿7.45	x
2009-12-31	฿0.57	฿7.45	x
2010-12-31	฿0.73	฿7.45	x
2011-12-31	฿0.77	฿7.45	x
2012-12-31	฿0.81	฿7.45	x
2013-12-31	฿0.87	฿7.45	x
2014-12-31	฿1.26	฿7.45	x
2015-12-31	฿1.19	฿7.45	x
2016-12-31	฿2.10	฿7.45	x
2017-12-31	฿1.78	฿7.45	x
2018-12-31	฿1.88	฿7.45	x
2019-12-31	฿1.92	฿7.45	x
2020-12-31	฿2.02	฿7.45	x
2021-12-31	฿2.75	฿7.45	x
2022-12-31	฿3.31	฿7.45	x
2023-12-31	฿3.57	฿7.45	x
2024-12-31	฿3.72	฿7.45	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: $5,288,381,762
Average return on equity (ROE) among peers: 15.80%

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	$472.51 Million
Aikchol Hospital Public Company Limited (AHC)	$2.07 Billion	13.11%	0.19x	$64.48 Million
Bangkok Chain Hospital Public Company Limited (BCH)	$13.70 Billion	10.26%	0.29x	$722.94 Million
Bangkok Chain Hospital Public Company Limited (BCH-R)	$4.67 Billion	11.18%	1.14x	$1.03 Billion
Bangkok Dusit Medical Services Public Company Limited (BDMS)	$1.96 Billion	9.18%	1.26x	$9.06 Billion
Bumrungrad Hospital PCL (BH)	$4.87 Billion	24.48%	0.67x	$4.47 Billion
Bumrungrad Hospital Public Company Limited (BH-R)	$16.70 Billion	23.61%	0.41x	$4.61 Billion
Chularat Hospital Public Company Limited (CHG)	$4.19 Billion	20.91%	0.48x	$490.29 Million
Chularat Hospital Public Company Limited (CHG-R)	$2.97 Billion	18.13%	0.20x	$589.72 Million
Chiang Mai Ram Medical Business Public Company Limited (CMR)	$1.67 Billion	12.28%	0.76x	$163.69 Million
Dental Corporation Public Company Limited (D)	$82.57 Million	14.90%	1.80x	$30.08 Million

About Sikarin Public Company Limited

BK:SKR Thailand Medical Care Facilities

Market Cap

$472.51 Million

฿15.16 Billion THB

Market Cap Rank

#12819 Global

#130 in Thailand

Share Price

฿7.45

Change (1 day)

+0.00%

52-Week Range

฿6.25 - ฿8.25

All Time High

฿14.74