Saha Pathanapibul Public Company Limited
Saha Pathanapibul Public Company Limited, together with its subsidiaries, engages in the consumer goods distribution business in Thailand and internationally. It operates in two segments, Sales of Consumer Products; and Office Building for Rent. The company distributes food and beverage, household, personal care, and other products. It is also involved in sale of real estate properties; manufactu… Read more
Saha Pathanapibul Public Company Limited (SPC) - Net Assets
Latest net assets as of September 2025: ฿28.98 Billion THB
Based on the latest financial reports, Saha Pathanapibul Public Company Limited (SPC) has net assets worth ฿28.98 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 (฿38.86 Billion) and total liabilities (฿9.88 Billion). 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 | ฿28.98 Billion |
| % of Total Assets | 74.57% |
| Annual Growth Rate | 12.54% |
| 5-Year Change | 16.0% |
| 10-Year Change | 122.9% |
| Growth Volatility | 147.28 |
Saha Pathanapibul Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Saha Pathanapibul 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 Saha Pathanapibul Public Company Limited (2000–2024)
The table below shows the annual net assets of Saha Pathanapibul Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿27.51 Billion | +3.31% |
| 2023-12-31 | ฿26.63 Billion | +7.61% |
| 2022-12-31 | ฿24.75 Billion | +2.71% |
| 2021-12-31 | ฿24.09 Billion | +1.59% |
| 2020-12-31 | ฿23.71 Billion | +28.77% |
| 2019-12-31 | ฿18.41 Billion | +6.05% |
| 2018-12-31 | ฿17.36 Billion | +6.17% |
| 2017-12-31 | ฿16.35 Billion | +19.20% |
| 2016-12-31 | ฿13.72 Billion | +11.17% |
| 2015-12-31 | ฿12.34 Billion | +7.30% |
| 2014-12-31 | ฿11.50 Billion | +17.62% |
| 2013-12-31 | ฿9.78 Billion | +0.40% |
| 2012-12-31 | ฿9.74 Billion | +17.63% |
| 2011-12-31 | ฿8.28 Billion | +227.30% |
| 2010-12-31 | ฿2.53 Billion | -60.90% |
| 2009-12-31 | ฿6.47 Billion | +10.05% |
| 2008-12-31 | ฿5.88 Billion | +20.26% |
| 2007-12-31 | ฿4.89 Billion | +4.04% |
| 2006-12-31 | ฿4.70 Billion | +10.96% |
| 2005-12-31 | ฿4.23 Billion | +705.79% |
| 2004-12-31 | ฿525.57 Million | +3.52% |
| 2003-12-31 | ฿507.68 Million | -78.29% |
| 2002-12-31 | ฿2.34 Billion | +13.39% |
| 2001-12-31 | ฿2.06 Billion | +27.68% |
| 2000-12-31 | ฿1.61 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saha Pathanapibul 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 4338.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿18.95 Billion | 69.96% |
| Common Stock | ฿330.00 Million | 1.22% |
| Other Comprehensive Income | ฿120.78 Million | 0.45% |
| Other Components | ฿7.69 Billion | 28.37% |
| Total Equity | ฿27.09 Billion | 100.00% |
Saha Pathanapibul Public Company Limited Competitors by Market Cap
The table below lists competitors of Saha Pathanapibul Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHC Healthcare Group
TW:4164
|
$134.14 Million |
|
Capital Limited
PINK:CAPFF
|
$134.14 Million |
|
Gansu Mogao Industrial Development Co Ltd
SHG:600543
|
$134.15 Million |
|
Prim S.A.
MC:PRM
|
$134.16 Million |
|
Kitex Garments Limited
NSE:KITEX
|
$134.11 Million |
|
ECB Bancorp Inc.
NASDAQ:ECBK
|
$134.04 Million |
|
Stellar V Capital Corp. Unit
NASDAQ:SVCCU
|
$134.03 Million |
|
Global Cord Blood Corp
OTCMKTS:CORBF
|
$134.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saha Pathanapibul Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,269,608,183 to 27,091,817,958, a change of 822,209,775 (3.1%).
- Net income of 2,709,647,837 contributed positively to equity growth.
- Dividend payments of 729,291,060 reduced retained earnings.
- New share issuances of 45,565,713 increased equity.
- Other comprehensive income decreased equity by 7,042,450,647.
- Other factors increased equity by 5,838,737,932.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿2.71 Billion | +10.0% |
| Dividends Paid | ฿729.29 Million | -2.69% |
| Share Issuances | ฿45.57 Million | +0.17% |
| Other Comprehensive Income | ฿-7.04 Billion | -25.99% |
| Other Changes | ฿5.84 Billion | +21.55% |
| Total Change | ฿- | 3.13% |
Book Value vs Market Value Analysis
This analysis compares Saha Pathanapibul 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: 0.68x
- 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 13.79x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | ฿4.06 | ฿56.00 | x |
| 2004-12-31 | ฿4.12 | ฿56.00 | x |
| 2007-12-31 | ฿17.67 | ฿56.00 | x |
| 2008-12-31 | ฿20.02 | ฿56.00 | x |
| 2009-12-31 | ฿20.32 | ฿56.00 | x |
| 2010-12-31 | ฿23.06 | ฿56.00 | x |
| 2011-12-31 | ฿25.90 | ฿56.00 | x |
| 2012-12-31 | ฿30.47 | ฿56.00 | x |
| 2013-12-31 | ฿30.40 | ฿56.00 | x |
| 2014-12-31 | ฿35.27 | ฿56.00 | x |
| 2015-12-31 | ฿37.13 | ฿56.00 | x |
| 2016-12-31 | ฿41.21 | ฿56.00 | x |
| 2017-12-31 | ฿49.09 | ฿56.00 | x |
| 2018-12-31 | ฿52.13 | ฿56.00 | x |
| 2019-12-31 | ฿55.22 | ฿56.00 | x |
| 2020-12-31 | ฿71.34 | ฿56.00 | x |
| 2021-12-31 | ฿72.59 | ฿56.00 | x |
| 2022-12-31 | ฿74.73 | ฿56.00 | x |
| 2023-12-31 | ฿80.33 | ฿56.00 | x |
| 2024-12-31 | ฿82.51 | ฿56.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saha Pathanapibul 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): 10.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.61%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 1.40x
- Recent ROE (10.00%) is below the historical average (11.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.91% | 1.69% | 1.98x | 2.96x | ฿-1.50 Million |
| 2001 | 9.41% | 1.94% | 1.92x | 2.53x | ฿-12.20 Million |
| 2002 | 5.95% | 1.44% | 1.70x | 2.44x | ฿-94.80 Million |
| 2003 | 36.86% | 17.95% | 0.38x | 5.33x | ฿136.34 Million |
| 2004 | 29.43% | 15.63% | 0.61x | 3.09x | ฿102.11 Million |
| 2005 | 9.76% | 3.10% | 1.77x | 1.78x | ฿-10.02 Million |
| 2006 | 7.87% | 2.39% | 1.87x | 1.76x | ฿-100.11 Million |
| 2007 | 9.79% | 2.96% | 1.85x | 1.79x | ฿-10.34 Million |
| 2008 | 9.75% | 3.30% | 1.71x | 1.73x | ฿-14.57 Million |
| 2009 | 10.95% | 3.53% | 1.83x | 1.70x | ฿61.77 Million |
| 2010 | 10.24% | 3.37% | 3.04x | 1.00x | ฿17.94 Million |
| 2011 | 11.28% | 3.82% | 1.71x | 1.72x | ฿105.45 Million |
| 2012 | 9.89% | 3.79% | 1.55x | 1.69x | ฿-10.35 Million |
| 2013 | 10.64% | 3.92% | 1.61x | 1.69x | ฿61.98 Million |
| 2014 | 10.75% | 4.63% | 1.40x | 1.65x | ฿86.04 Million |
| 2015 | 11.43% | 4.80% | 1.42x | 1.67x | ฿175.57 Million |
| 2016 | 10.02% | 4.15% | 1.42x | 1.70x | ฿3.06 Million |
| 2017 | 9.47% | 4.87% | 1.22x | 1.59x | ฿-85.73 Million |
| 2018 | 10.13% | 5.30% | 1.23x | 1.55x | ฿23.12 Million |
| 2019 | 9.38% | 5.18% | 1.22x | 1.49x | ฿-112.48 Million |
| 2020 | 7.26% | 5.26% | 0.95x | 1.45x | ฿-643.43 Million |
| 2021 | 7.33% | 5.18% | 0.97x | 1.46x | ฿-637.10 Million |
| 2022 | 6.66% | 4.62% | 1.00x | 1.45x | ฿-816.32 Million |
| 2023 | 8.51% | 5.90% | 1.00x | 1.44x | ฿-392.27 Million |
| 2024 | 10.00% | 6.61% | 1.08x | 1.40x | ฿466.04K |
Industry Comparison
This section compares Saha Pathanapibul Public Company Limited's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $60,308,815,116
- Average return on equity (ROE) among peers: -103.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saha Pathanapibul Public Company Limited (SPC) | ฿28.98 Billion | 9.91% | 0.34x | $134.12 Million |
| CP Axtra Public Company Limited (CPAXT) | $298.62 Billion | 3.54% | 0.83x | $707.11 Million |
| Pluk Phak Praw Rak Mae Public Company Limited (OKJ) | $446.31 Million | 8.59% | 1.25x | $17.53 Million |
| Premier Marketing Public Company Limited (PM) | $1.71 Billion | 21.55% | 0.50x | $67.72 Million |
| Wow Factor PCL (W) | $671.36 Million | 7.80% | 0.05x | $8.89 Million |
| X Bioscience Public Company Limited (XBIO) | $102.54 Million | -559.80% | 5.83x | $430.24K |