S. Khonkaen Foods Public Company Limited (SORKON) - Net Assets
Based on the latest financial reports, S. Khonkaen Foods Public Company Limited (SORKON) has net assets worth ฿1.35 Billion THB (≈ $42.02 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 (฿3.22 Billion ≈ $100.47 Million USD) and total liabilities (฿1.88 Billion ≈ $58.44 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 how resilient are S. Khonkaen Foods Public Company Limited's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.35 Billion |
| % of Total Assets | 41.83% |
| Annual Growth Rate | 8.27% |
| 5-Year Change | 22.41% |
| 10-Year Change | 100.1% |
| Growth Volatility | 20.7 |
S. Khonkaen Foods Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how S. Khonkaen Foods Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore how large is S. Khonkaen Foods Public Company Limited's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for S. Khonkaen Foods Public Company Limited (2000–2024)
The table below shows the annual net assets of S. Khonkaen Foods Public Company Limited from 2000 to 2024. For live valuation and market cap data, see S. Khonkaen Foods Public Company Limited (SORKON) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.40 Billion ≈ $43.71 Million |
+7.05% |
| 2023-12-31 | ฿1.31 Billion ≈ $40.83 Million |
+2.69% |
| 2022-12-31 | ฿1.28 Billion ≈ $39.76 Million |
+4.23% |
| 2021-12-31 | ฿1.22 Billion ≈ $38.15 Million |
+6.83% |
| 2020-12-31 | ฿1.15 Billion ≈ $35.71 Million |
+5.54% |
| 2019-12-31 | ฿1.09 Billion ≈ $33.84 Million |
+2.59% |
| 2018-12-31 | ฿1.06 Billion ≈ $32.98 Million |
+12.85% |
| 2017-12-31 | ฿937.69 Million ≈ $29.23 Million |
+13.97% |
| 2016-12-31 | ฿822.73 Million ≈ $25.64 Million |
+17.39% |
| 2015-12-31 | ฿700.84 Million ≈ $21.84 Million |
+5.44% |
| 2014-12-31 | ฿664.67 Million ≈ $20.72 Million |
+8.57% |
| 2013-12-31 | ฿612.22 Million ≈ $19.08 Million |
+4.66% |
| 2012-12-31 | ฿584.95 Million ≈ $18.23 Million |
+73.86% |
| 2011-12-31 | ฿336.44 Million ≈ $10.49 Million |
+11.55% |
| 2010-12-31 | ฿301.60 Million ≈ $9.40 Million |
+20.46% |
| 2009-12-31 | ฿250.37 Million ≈ $7.80 Million |
-11.45% |
| 2008-12-31 | ฿282.75 Million ≈ $8.81 Million |
-2.74% |
| 2007-12-31 | ฿290.73 Million ≈ $9.06 Million |
-11.79% |
| 2006-12-31 | ฿329.57 Million ≈ $10.27 Million |
+35.24% |
| 2005-12-31 | ฿243.70 Million ≈ $7.60 Million |
+61.52% |
| 2004-12-31 | ฿150.88 Million ≈ $4.70 Million |
-15.55% |
| 2003-12-31 | ฿178.66 Million ≈ $5.57 Million |
-1.00% |
| 2002-12-31 | ฿180.46 Million ≈ $5.62 Million |
-1.08% |
| 2001-12-31 | ฿182.43 Million ≈ $5.69 Million |
-12.41% |
| 2000-12-31 | ฿208.27 Million ≈ $6.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to S. Khonkaen Foods 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 1096.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿743.15 Million | 54.67% |
| Common Stock | ฿323.40 Million | 23.79% |
| Other Comprehensive Income | ฿32.34 Million | 2.38% |
| Other Components | ฿260.34 Million | 19.15% |
| Total Equity | ฿1.36 Billion | 100.00% |
S. Khonkaen Foods Public Company Limited Competitors by Market Cap
The table below lists competitors of S. Khonkaen Foods Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Siyata Mobile Inc
NASDAQ:SYTA
|
$38.03 Million |
|
SVOA Public Company Limited
BK:SVOA
|
$38.03 Million |
|
Summa Silver Corp
V:SSVR
|
$38.04 Million |
|
Logah Technology Corp
TW:3593
|
$38.04 Million |
|
AlphaTime Acquisition Corp Ordinary Shares
NASDAQ:ATMC
|
$38.02 Million |
|
Incannex Healthcare Ltd ADR
NASDAQ:IXHL
|
$38.01 Million |
|
Red Metal Ltd
AU:RDM
|
$37.99 Million |
|
JFB Construction Holdings Class A Common Stock
NASDAQ:JFB
|
$37.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in S. Khonkaen Foods Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,299,606,012 to 1,359,227,829, a change of 59,621,817 (4.6%).
- Net income of 133,450,578 contributed positively to equity growth.
- Dividend payments of 64,935,193 reduced retained earnings.
- Other comprehensive income decreased equity by 149,318,591.
- Other factors increased equity by 140,425,023.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿133.45 Million | +9.82% |
| Dividends Paid | ฿64.94 Million | -4.78% |
| Other Comprehensive Income | ฿-149.32 Million | -10.99% |
| Other Changes | ฿140.43 Million | +10.33% |
| Total Change | ฿- | 4.59% |
Book Value vs Market Value Analysis
This analysis compares S. Khonkaen Foods 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: 0.93x
- 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 5.84x to 0.93x 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 | ฿0.67 | ฿3.90 | x |
| 2007-12-31 | ฿0.64 | ฿3.90 | x |
| 2008-12-31 | ฿0.66 | ฿3.90 | x |
| 2009-12-31 | ฿0.76 | ฿3.90 | x |
| 2010-12-31 | ฿0.91 | ฿3.90 | x |
| 2011-12-31 | ฿1.02 | ฿3.90 | x |
| 2012-12-31 | ฿1.80 | ฿3.90 | x |
| 2013-12-31 | ฿1.89 | ฿3.90 | x |
| 2014-12-31 | ฿2.05 | ฿3.90 | x |
| 2015-12-31 | ฿2.16 | ฿3.90 | x |
| 2016-12-31 | ฿2.54 | ฿3.90 | x |
| 2017-12-31 | ฿2.90 | ฿3.90 | x |
| 2018-12-31 | ฿3.27 | ฿3.90 | x |
| 2019-12-31 | ฿3.35 | ฿3.90 | x |
| 2020-12-31 | ฿3.54 | ฿3.90 | x |
| 2021-12-31 | ฿3.78 | ฿3.90 | x |
| 2022-12-31 | ฿3.95 | ฿3.90 | x |
| 2023-12-31 | ฿4.02 | ฿3.90 | x |
| 2024-12-31 | ฿4.20 | ฿3.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently S. Khonkaen Foods 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): 9.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.97%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.40x
- Recent ROE (9.82%) is below the historical average (11.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 8.02% | 1.80% | 1.10x | 4.04x | ฿-4.55 Million |
| 2006 | 11.18% | 2.46% | 1.10x | 4.15x | ฿2.54 Million |
| 2007 | -3.25% | -0.66% | 1.06x | 4.62x | ฿-27.33 Million |
| 2008 | 4.46% | 0.82% | 1.24x | 4.39x | ฿-11.80 Million |
| 2009 | 15.06% | 2.93% | 1.26x | 4.08x | ฿12.38 Million |
| 2010 | 16.90% | 3.31% | 1.41x | 3.62x | ฿20.30 Million |
| 2011 | 15.43% | 3.02% | 1.43x | 3.57x | ฿17.88 Million |
| 2012 | 15.95% | 5.11% | 1.46x | 2.15x | ฿34.73 Million |
| 2013 | 14.99% | 4.54% | 1.54x | 2.14x | ฿30.50 Million |
| 2014 | 16.76% | 5.01% | 1.38x | 2.43x | ฿44.81 Million |
| 2015 | 17.65% | 5.19% | 1.27x | 2.68x | ฿53.51 Million |
| 2016 | 13.28% | 4.11% | 1.16x | 2.79x | ฿26.95 Million |
| 2017 | 14.56% | 4.99% | 1.10x | 2.64x | ฿42.73 Million |
| 2018 | 18.10% | 6.64% | 1.20x | 2.28x | ฿85.60 Million |
| 2019 | 10.34% | 3.94% | 1.11x | 2.37x | ฿3.71 Million |
| 2020 | 9.61% | 3.96% | 1.05x | 2.32x | ฿-4.48 Million |
| 2021 | 11.65% | 5.12% | 1.00x | 2.28x | ฿20.20 Million |
| 2022 | 7.94% | 3.19% | 1.03x | 2.42x | ฿-26.30 Million |
| 2023 | 4.21% | 1.77% | 1.04x | 2.29x | ฿-75.29 Million |
| 2024 | 9.82% | 3.97% | 1.03x | 2.40x | ฿-2.47 Million |
Industry Comparison
This section compares S. Khonkaen Foods Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $3,044,840,456
- Average return on equity (ROE) among peers: 0.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| S. Khonkaen Foods Public Company Limited (SORKON) | ฿1.35 Billion | 8.02% | 1.39x | $38.02 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $1.17 Billion | -38.64% | 2.90x | $180.99 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $1.43 Billion | 7.92% | 0.26x | $23.98 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.21 Billion | 1.06% | 0.70x | $15.02 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.35 Billion | 8.86% | 0.10x | $19.01 Million |
| GFPT Public Company Limited (GFPT) | $3.78 Billion | 28.67% | 0.98x | $357.59 Million |
| J.S.P. Property Public Company Limited (JSP) | $5.18 Billion | 9.40% | 0.76x | $28.10 Million |
| Thai Ha Public Company Limited (KASET) | $325.04 Million | -11.22% | 0.97x | $7.19 Million |
| Lee Feed Mill Public Company Limited (LEE) | $2.73 Billion | 6.85% | 0.15x | $69.45 Million |
| Malee Group Public Company Limited (MALEE) | $839.63 Million | -24.17% | 3.77x | $69.74 Million |
| President Bakery Public Company Limited (PB) | $12.44 Billion | 12.78% | 0.11x | $680.27 Million |
About S. Khonkaen Foods Public Company Limited
S. Khonkaen Foods Public Company Limited, together with its subsidiaries, manufactures and distributes processed food products in Asia, the Americas, and Europe. It operates through four segments: Processed Food from Meat, Processed Seafood, Restaurants, and Swine Farm. The company offers local food products, such as sausages, pork rilo, and nuggets; jar yok, shredded pork, pork sticks, pork ball… Read more