Stars Microelectronics (Thailand) PCL

BK:SMT Thailand Semiconductors
Market Cap
$31.90 Million
฿1.11 Billion THB
Market Cap Rank
#25727 Global
#392 in Thailand
Share Price
฿1.36
Change (1 day)
+2.26%
52-Week Range
฿0.89 - ฿1.63
All Time High
฿7.98
Categories
Companies in Thailand Semiconductors Technology AI & Machine Learning
About

Stars Microelectronics (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes integrated circuit boards in Thailand, the United States, and internationally. It operates through Electronics Manufacturing Service; Outsourced Assembly and Test; and Fiber Optical Devices segments. The company offers outsource semiconductor assembly and test, and electronics ma… Read more

Stars Microelectronics (Thailand) PCL (SMT) - Net Assets

Latest net assets as of September 2025: ฿1.72 Billion THB

Based on the latest financial reports, Stars Microelectronics (Thailand) PCL (SMT) has net assets worth ฿1.72 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 (฿2.40 Billion) and total liabilities (฿676.62 Million). 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 ฿1.72 Billion
% of Total Assets 71.75%
Annual Growth Rate 3.07%
5-Year Change 36.67%
10-Year Change 4.01%
Growth Volatility 28.04

Stars Microelectronics (Thailand) PCL - Net Assets Trend (2008–2024)

This chart illustrates how Stars Microelectronics (Thailand) PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Stars Microelectronics (Thailand) PCL (2008–2024)

The table below shows the annual net assets of Stars Microelectronics (Thailand) PCL from 2008 to 2024.

Year Net Assets Change
2024-12-31 ฿1.82 Billion -12.15%
2023-12-31 ฿2.07 Billion +9.40%
2022-12-31 ฿1.89 Billion +19.67%
2021-12-31 ฿1.58 Billion +18.83%
2020-12-31 ฿1.33 Billion +6.70%
2019-12-31 ฿1.25 Billion -4.36%
2018-12-31 ฿1.30 Billion +6.33%
2017-12-31 ฿1.22 Billion -30.83%
2016-12-31 ฿1.77 Billion +1.40%
2015-12-31 ฿1.75 Billion -2.94%
2014-12-31 ฿1.80 Billion -6.08%
2013-12-31 ฿1.92 Billion +8.83%
2012-12-31 ฿1.76 Billion +72.78%
2011-12-31 ฿1.02 Billion -51.60%
2010-12-31 ฿2.10 Billion +23.85%
2009-12-31 ฿1.70 Billion +51.72%
2008-12-31 ฿1.12 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Stars Microelectronics (Thailand) PCL'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 decreased by 13.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿403.16 Million 22.23%
Common Stock ฿845.58 Million 46.62%
Other Comprehensive Income ฿115.15 Million 6.35%
Other Components ฿449.76 Million 24.80%
Total Equity ฿1.81 Billion 100.00%

Stars Microelectronics (Thailand) PCL Competitors by Market Cap

The table below lists competitors of Stars Microelectronics (Thailand) PCL ranked by their market capitalization.

Company Market Cap
Aloys Inc.
KQ:297570
 		$18.95 Million
Thai Rayon Public Company Limited
BK:TR
 		$18.95 Million
Microtips Technology
TWO:3285
 		$18.95 Million
Imaflex Inc
PINK:IFLXF
 		$18.96 Million
Evoke Pharma Inc
NASDAQ:EVOK
 		$18.95 Million
Abko Co. Ltd
KQ:129890
 		$18.95 Million
NFON AG
XETRA:NFN
 		$18.94 Million
01 Quantum Inc.
F:DFK0
 		$18.94 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Stars Microelectronics (Thailand) PCL's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,061,437,870 to 1,813,654,534, a change of -247,783,336 (-12.0%).
  • Net loss of 164,464,040 reduced equity.
  • Dividend payments of 58,028,545 reduced retained earnings.
  • Other comprehensive income increased equity by 24,835,000.
  • Other factors decreased equity by 50,125,751.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿-164.46 Million -9.07%
Dividends Paid ฿58.03 Million -3.2%
Other Comprehensive Income ฿24.84 Million +1.37%
Other Changes ฿-50.13 Million -2.76%
Total Change ฿- -12.02%

Book Value vs Market Value Analysis

This analysis compares Stars Microelectronics (Thailand) PCL'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: 0.63x
  • 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
2008-12-31 ฿1.85 ฿1.36 x
2009-12-31 ฿2.77 ฿1.36 x
2010-12-31 ฿2.83 ฿1.36 x
2011-12-31 ฿1.25 ฿1.36 x
2012-12-31 ฿2.11 ฿1.36 x
2013-12-31 ฿2.27 ฿1.36 x
2014-12-31 ฿2.14 ฿1.36 x
2015-12-31 ฿2.09 ฿1.36 x
2016-12-31 ฿2.11 ฿1.36 x
2017-12-31 ฿1.46 ฿1.36 x
2018-12-31 ฿1.53 ฿1.36 x
2019-12-31 ฿1.49 ฿1.36 x
2020-12-31 ฿1.58 ฿1.36 x
2021-12-31 ฿1.78 ฿1.36 x
2022-12-31 ฿2.14 ฿1.36 x
2023-12-31 ฿2.39 ฿1.36 x
2024-12-31 ฿2.14 ฿1.36 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Stars Microelectronics (Thailand) PCL 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): -9.07%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.84%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 1.33x
  • Recent ROE (-9.07%) is below the historical average (-3.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 19.28% 1.65% 3.03x 3.84x ฿96.71 Million
2009 15.72% 2.40% 2.54x 2.58x ฿97.27 Million
2010 25.09% 3.97% 2.98x 2.12x ฿317.13 Million
2011 -147.47% -19.81% 3.67x 2.03x ฿-1.60 Billion
2012 41.66% 20.75% 0.91x 2.21x ฿558.01 Million
2013 7.59% 1.88% 2.18x 1.85x ฿-45.87 Million
2014 -6.20% -1.23% 2.56x 1.96x ฿-289.99 Million
2015 -3.17% -0.73% 2.22x 1.97x ฿-229.79 Million
2016 0.73% 0.37% 1.01x 1.98x ฿-163.71 Million
2017 -44.68% -29.45% 0.64x 2.36x ฿-668.08 Million
2018 5.43% 3.99% 0.60x 2.25x ฿-59.36 Million
2019 -3.37% -2.35% 0.64x 2.25x ฿-166.25 Million
2020 6.14% 4.26% 0.73x 1.98x ฿-51.11 Million
2021 13.32% 9.61% 0.79x 1.76x ฿52.27 Million
2022 16.11% 10.70% 1.04x 1.44x ฿115.07 Million
2023 11.42% 9.12% 1.08x 1.16x ฿29.20 Million
2024 -9.07% -7.84% 0.87x 1.33x ฿-345.83 Million

Industry Comparison

This section compares Stars Microelectronics (Thailand) PCL's net assets metrics with peer companies in the Semiconductors industry.

Industry Context

  • Industry: Semiconductors
  • Average net assets among peers: $348,996,644
  • Average return on equity (ROE) among peers: 9.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Stars Microelectronics (Thailand) PCL (SMT) ฿1.72 Billion 19.28% 0.39x $18.95 Million
Silicon Craft Technology Public Company Limited (SICT) $349.00 Million 9.85% 0.20x $14.62 Million