Sonic Interfreight Public Company Limited
Sonic Interfreight Public Company Limited provides freight forwarding and relevant logistics services in Thailand and internationally. It operates through Freight Forwarder, Land Transportation, and Others segments. The company was founded in 1995 and is based in Bangkok, Thailand.
Sonic Interfreight Public Company Limited (SONIC) - Net Assets
Latest net assets as of September 2025: ฿1.55 Billion THB
Based on the latest financial reports, Sonic Interfreight Public Company Limited (SONIC) has net assets worth ฿1.55 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 (฿1.98 Billion) and total liabilities (฿438.37 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 | ฿1.55 Billion |
| % of Total Assets | 77.9% |
| Annual Growth Rate | 19.67% |
| 5-Year Change | 143.01% |
| 10-Year Change | 481.01% |
| Growth Volatility | 32.04 |
Sonic Interfreight Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Sonic Interfreight 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 Sonic Interfreight Public Company Limited (2013–2024)
The table below shows the annual net assets of Sonic Interfreight Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.58 Billion | +9.39% |
| 2023-12-31 | ฿1.44 Billion | +9.87% |
| 2022-12-31 | ฿1.31 Billion | +27.86% |
| 2021-12-31 | ฿1.03 Billion | +58.14% |
| 2020-12-31 | ฿650.27 Million | +6.23% |
| 2019-12-31 | ฿612.14 Million | +9.15% |
| 2018-12-31 | ฿560.83 Million | +109.91% |
| 2017-12-31 | ฿267.17 Million | -12.38% |
| 2016-12-31 | ฿304.93 Million | +12.11% |
| 2015-12-31 | ฿271.98 Million | +13.31% |
| 2014-12-31 | ฿240.02 Million | +9.52% |
| 2013-12-31 | ฿219.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sonic Interfreight 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 643.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿626.39 Million | 41.47% |
| Other Components | ฿884.18 Million | 58.53% |
| Total Equity | ฿1.51 Billion | 100.00% |
Sonic Interfreight Public Company Limited Competitors by Market Cap
The table below lists competitors of Sonic Interfreight Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spirit Technology Solutions Ltd
AU:ST1
|
$15.83 Million |
|
Yigit Aku Malzemeleri Nakliyat Turizm Insaat Sanayi ve Ticaret A.S.
IS:YIGIT
|
$15.83 Million |
|
HOVE A/S DK -10
F:LL0
|
$15.83 Million |
|
Advicenne
PA:ALDVI
|
$15.84 Million |
|
Ado Optronics
TWO:3516
|
$15.82 Million |
|
OPCOM Holdings Bhd
KLSE:0035
|
$15.81 Million |
|
Mineral Commodities Ltd
AU:MRC
|
$15.81 Million |
|
Medivir AB (publ)
F:MVR0
|
$15.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonic Interfreight Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,421,517,364 to 1,510,573,638, a change of 89,056,274 (6.3%).
- Net income of 167,942,012 contributed positively to equity growth.
- Dividend payments of 41,996,006 reduced retained earnings.
- Share repurchases of 36,332,080 reduced equity.
- New share issuances of 24,000,000 increased equity.
- Other comprehensive income decreased equity by 47,567,722.
- Other factors increased equity by 23,010,070.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿167.94 Million | +11.12% |
| Dividends Paid | ฿42.00 Million | -2.78% |
| Share Repurchases | ฿36.33 Million | -2.41% |
| Share Issuances | ฿24.00 Million | +1.59% |
| Other Comprehensive Income | ฿-47.57 Million | -3.15% |
| Other Changes | ฿23.01 Million | +1.52% |
| Total Change | ฿- | 6.26% |
Book Value vs Market Value Analysis
This analysis compares Sonic Interfreight 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: 0.81x
- 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 4.07x to 0.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.37 | ฿1.49 | x |
| 2015-12-31 | ฿0.48 | ฿1.49 | x |
| 2016-12-31 | ฿0.54 | ฿1.49 | x |
| 2017-12-31 | ฿0.48 | ฿1.49 | x |
| 2018-12-31 | ฿1.29 | ฿1.49 | x |
| 2019-12-31 | ฿1.10 | ฿1.49 | x |
| 2020-12-31 | ฿1.17 | ฿1.49 | x |
| 2021-12-31 | ฿1.40 | ฿1.49 | x |
| 2022-12-31 | ฿1.60 | ฿1.49 | x |
| 2023-12-31 | ฿1.75 | ฿1.49 | x |
| 2024-12-31 | ฿1.84 | ฿1.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonic Interfreight 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): 11.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.60%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 1.41x
- Recent ROE (11.12%) is below the historical average (13.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.39% | 2.24% | 2.11x | 2.20x | ฿787.25K |
| 2015 | 16.50% | 5.05% | 2.01x | 1.63x | ฿17.25 Million |
| 2016 | 13.58% | 4.78% | 1.55x | 1.83x | ฿10.65 Million |
| 2017 | 17.40% | 4.75% | 1.66x | 2.20x | ฿19.49 Million |
| 2018 | 8.38% | 4.05% | 1.37x | 1.51x | ฿-8.99 Million |
| 2019 | 7.67% | 4.06% | 1.33x | 1.43x | ฿-14.12 Million |
| 2020 | 9.30% | 4.43% | 1.32x | 1.60x | ฿-4.52 Million |
| 2021 | 22.29% | 6.75% | 2.02x | 1.63x | ฿124.67 Million |
| 2022 | 23.78% | 8.07% | 2.18x | 1.35x | ฿178.23 Million |
| 2023 | 8.87% | 7.95% | 0.90x | 1.23x | ฿-16.07 Million |
| 2024 | 11.12% | 7.60% | 1.03x | 1.41x | ฿16.88 Million |
Industry Comparison
This section compares Sonic Interfreight Public Company Limited's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $935,703,692
- Average return on equity (ROE) among peers: 13.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sonic Interfreight Public Company Limited (SONIC) | ฿1.55 Billion | 10.39% | 0.28x | $15.83 Million |
| Begistics Public Company Limited (B) | $2.17 Billion | 3.29% | 0.11x | $7.40 Million |
| Euroasia Total Logistics PCL (ETL) | $367.94 Million | 28.86% | 2.08x | $2.31 Million |
| Triple i Logistics Public Company Limited (III) | $2.67 Billion | 29.78% | 0.38x | $42.36 Million |
| Leo Global Logistics Public Company Limited (LEO) | $113.28 Million | 15.06% | 1.86x | $9.02 Million |
| M P J Logistics Public Company Limited (MPJ) | $6.55 Million | 4.12% | 3.22x | $10.15 Million |
| NCL International Logistics Public Company Limited (NCL) | $325.21 Million | 6.01% | 0.64x | $2.61 Million |
| Sino Logistics Corporation Public Company Limited (SINO) | $862.13 Million | 6.11% | 0.59x | $8.44 Million |
| SCGJWD LOGISTICS PCL NON-VOTING DR (SJWD) | $1.49 Billion | 25.19% | 1.78x | $87.91 Million |
| Thai Parcels Public Company Limited (TPL) | $413.92 Million | 5.15% | 0.49x | $7.75 Million |