Sahamit Machinery Public Company Limited (SMIT) - Net Assets

Latest as of December 2025: ฿2.68 Billion THB ≈ $83.47 Million USD

Based on the latest financial reports, Sahamit Machinery Public Company Limited (SMIT) has net assets worth ฿2.68 Billion THB (≈ $83.47 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.00 Billion ≈ $93.55 Million USD) and total liabilities (฿323.22 Million ≈ $10.07 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 SMIT financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿2.68 Billion
% of Total Assets	89.23%
Annual Growth Rate	6.04%
5-Year Change	7.57%
10-Year Change	26.36%
Growth Volatility	7.39

Sahamit Machinery Public Company Limited - Net Assets Trend (2001–2025)

This chart illustrates how Sahamit Machinery Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is Sahamit Machinery Public Company Limited's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Sahamit Machinery Public Company Limited (2001–2025)

The table below shows the annual net assets of Sahamit Machinery Public Company Limited from 2001 to 2025. For live valuation and market cap data, see SMIT market cap overview.

Year	Net Assets	Change
2025-12-31	฿2.68 Billion ≈ $83.47 Million	+5.02%
2024-12-31	฿2.55 Billion ≈ $79.48 Million	+0.73%
2023-12-31	฿2.53 Billion ≈ $78.91 Million	-0.20%
2022-12-31	฿2.54 Billion ≈ $79.07 Million	+1.88%
2021-12-31	฿2.49 Billion ≈ $77.60 Million	+7.39%
2020-12-31	฿2.32 Billion ≈ $72.26 Million	+2.65%
2019-12-31	฿2.26 Billion ≈ $70.40 Million	-0.15%
2018-12-31	฿2.26 Billion ≈ $70.50 Million	+3.33%
2017-12-31	฿2.19 Billion ≈ $68.23 Million	+3.28%
2016-12-31	฿2.12 Billion ≈ $66.06 Million	+2.84%
2015-12-31	฿2.06 Billion ≈ $64.23 Million	+4.45%
2014-12-31	฿1.97 Billion ≈ $61.50 Million	+3.09%
2013-12-31	฿1.91 Billion ≈ $59.65 Million	+6.63%
2012-12-31	฿1.79 Billion ≈ $55.94 Million	+13.04%
2011-12-31	฿1.59 Billion ≈ $49.49 Million	+3.68%
2010-12-31	฿1.53 Billion ≈ $47.73 Million	+11.71%
2009-12-31	฿1.37 Billion ≈ $42.73 Million	-1.31%
2008-12-31	฿1.39 Billion ≈ $43.30 Million	+5.18%
2007-12-31	฿1.32 Billion ≈ $41.16 Million	+8.44%
2006-12-31	฿1.22 Billion ≈ $37.96 Million	+8.71%
2005-12-31	฿1.12 Billion ≈ $34.92 Million	+34.92%
2004-12-31	฿830.37 Million ≈ $25.88 Million	+17.73%
2003-12-31	฿705.32 Million ≈ $21.98 Million	+3.06%
2002-12-31	฿684.34 Million ≈ $21.33 Million	+4.40%
2001-12-31	฿655.50 Million ≈ $20.43 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sahamit Machinery 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 458.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿1.49 Billion	55.68%
Other Components	฿1.19 Billion	44.32%
Total Equity	฿2.68 Billion	100.00%

Sahamit Machinery Public Company Limited Competitors by Market Cap

The table below lists competitors of Sahamit Machinery Public Company Limited ranked by their market capitalization.

Company	Market Cap
Hil Industries Bhd KLSE:8443	$55.84 Million
Skillz Platform Inc NYSE:SKLZ	$55.87 Million
Innometry Co. Ltd KQ:302430	$55.88 Million
Edelteq Holdings Berhad KLSE:0278	$55.89 Million
Pintaras Jaya Bhd KLSE:9598	$55.80 Million
Coxon Precise Industrial Co Ltd TW:3607	$55.77 Million
1895 of Wisconsin Inc Bancorp NASDAQ:BCOW	$55.76 Million
HI SPAC 3 KQ:217500	$55.73 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sahamit Machinery Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,550,051,007 to 2,678,094,856, a change of 128,043,849 (5.0%).
Net income of 159,567,324 contributed positively to equity growth.
Dividend payments of 127,199,976 reduced retained earnings.
Other comprehensive income decreased equity by 55,000,000.
Other factors increased equity by 150,676,500.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿159.57 Million	+5.96%
Dividends Paid	฿127.20 Million	-4.75%
Other Comprehensive Income	฿-55.00 Million	-2.05%
Other Changes	฿150.68 Million	+5.63%
Total Change	฿-	5.02%

Book Value vs Market Value Analysis

This analysis compares Sahamit Machinery 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: 0.67x
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.
The price-to-book ratio has decreased from 1.49x to 0.67x 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	฿2.27	฿3.38	x
2007-12-31	฿2.49	฿3.38	x
2008-12-31	฿2.62	฿3.38	x
2009-12-31	฿2.59	฿3.38	x
2010-12-31	฿2.89	฿3.38	x
2011-12-31	฿3.06	฿3.38	x
2012-12-31	฿3.41	฿3.38	x
2013-12-31	฿3.61	฿3.38	x
2014-12-31	฿3.72	฿3.38	x
2015-12-31	฿3.89	฿3.38	x
2016-12-31	฿4.00	฿3.38	x
2017-12-31	฿4.13	฿3.38	x
2018-12-31	฿4.27	฿3.38	x
2019-12-31	฿4.26	฿3.38	x
2020-12-31	฿4.37	฿3.38	x
2021-12-31	฿4.70	฿3.38	x
2022-12-31	฿4.79	฿3.38	x
2023-12-31	฿4.78	฿3.38	x
2024-12-31	฿4.81	฿3.38	x
2025-12-31	฿5.05	฿3.38	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sahamit Machinery 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): 5.96%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.93%
• Asset Turnover: 0.54x
• Equity Multiplier: 1.12x
Recent ROE (5.96%) is below the historical average (10.11%), 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	9.25%	5.88%	1.08x	1.46x	฿-4.91 Million
2002	9.64%	6.08%	1.08x	1.47x	฿-2.48 Million
2003	6.19%	3.46%	1.04x	1.73x	฿-26.86 Million
2004	15.21%	9.06%	0.96x	1.75x	฿43.30 Million
2005	13.86%	8.73%	1.09x	1.45x	฿43.30 Million
2006	13.23%	8.94%	0.99x	1.50x	฿39.35 Million
2007	12.60%	9.19%	0.93x	1.47x	฿34.36 Million
2008	10.27%	7.82%	0.81x	1.62x	฿3.70 Million
2009	2.93%	2.80%	0.71x	1.47x	฿-96.96 Million
2010	13.08%	9.28%	0.99x	1.42x	฿47.11 Million
2011	13.97%	9.60%	0.97x	1.50x	฿63.07 Million
2012	16.89%	11.04%	1.17x	1.30x	฿123.74 Million
2013	13.80%	11.28%	1.04x	1.18x	฿72.78 Million
2014	9.85%	9.41%	0.93x	1.13x	฿-2.86 Million
2015	7.73%	8.34%	0.83x	1.12x	฿-46.86 Million
2016	9.29%	9.70%	0.84x	1.14x	฿-15.10 Million
2017	11.08%	11.20%	0.84x	1.17x	฿23.55 Million
2018	11.65%	11.40%	0.89x	1.15x	฿37.30 Million
2019	8.07%	9.05%	0.81x	1.10x	฿-43.65 Million
2020	6.35%	8.82%	0.65x	1.12x	฿-84.52 Million
2021	11.67%	14.19%	0.71x	1.15x	฿41.56 Million
2022	9.29%	10.83%	0.76x	1.13x	฿-17.98 Million
2023	5.20%	8.14%	0.58x	1.11x	฿-121.49 Million
2024	5.71%	9.02%	0.58x	1.10x	฿-109.28 Million
2025	5.96%	9.93%	0.54x	1.12x	฿-108.24 Million

Industry Comparison

This section compares Sahamit Machinery Public Company Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $3,445,499,948
Average return on equity (ROE) among peers: 4.36%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sahamit Machinery Public Company Limited (SMIT)	฿2.68 Billion	9.25%	0.12x	$55.84 Million
2S Metal Public Company Limited (2S)	$575.58 Million	12.41%	0.78x	$46.29 Million
Asia Metal Public Company Limited (AMC)	$1.51 Billion	5.63%	1.31x	$35.61 Million
Bangsaphan Barmill Public Company Limited (BSBM)	$2.07 Billion	12.53%	0.22x	$20.27 Million
Capital Engineering Network Public Company Limited (CEN)	$-1.32 Billion	0.00%	0.00x	$14.86 Million
Chow Steel Industries Public Company Limited (CHOW)	$1.31 Billion	-8.41%	5.17x	$33.91 Million
CSP Steel Center Public Company Limited (CSP)	$769.64 Million	-12.34%	1.68x	$7.58 Million
G J Steel Public Company Limited (GJS)	$15.84 Billion	20.07%	0.05x	$103.27 Million
POSCO-Thainox Public Company Limited (INOX)	$9.29 Billion	3.78%	0.29x	$104.48 Million
Lohakit Metal Public Company Limited (LHK)	$652.47 Million	-8.11%	0.84x	$40.11 Million
M.C.S. Steel Public Company Limited (MCS)	$3.76 Billion	18.05%	0.61x	$120.43 Million

About Sahamit Machinery Public Company Limited

BK:SMIT Thailand Steel

Market Cap

$55.84 Million

฿1.79 Billion THB

Market Cap Rank

#21464 Global

#350 in Thailand

Share Price

฿3.38

Change (1 day)

-0.59%

52-Week Range

฿3.38 - ฿3.76

All Time High

฿4.60