Saha Pathanapibul Public Company Limited (SPC) - Net Assets

Latest as of September 2025: ฿28.98 Billion THB ≈ $903.18 Million USD

Based on the latest financial reports, Saha Pathanapibul Public Company Limited (SPC) has net assets worth ฿28.98 Billion THB (≈ $903.18 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 (฿38.86 Billion ≈ $1.21 Billion USD) and total liabilities (฿9.88 Billion ≈ $307.98 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 financial resilience of Saha Pathanapibul Public Company Limited to evaluate the company's liquid asset resilience ratio.

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. Also explore Saha Pathanapibul Public Company Limited balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Saha Pathanapibul Public Company Limited market cap and net worth.

Year Net Assets Change
2024-12-31 ฿27.51 Billion
≈ $857.42 Million		 +3.31%
2023-12-31 ฿26.63 Billion
≈ $829.99 Million		 +7.61%
2022-12-31 ฿24.75 Billion
≈ $771.28 Million		 +2.71%
2021-12-31 ฿24.09 Billion
≈ $750.93 Million		 +1.59%
2020-12-31 ฿23.71 Billion
≈ $739.14 Million		 +28.77%
2019-12-31 ฿18.41 Billion
≈ $573.98 Million		 +6.05%
2018-12-31 ฿17.36 Billion
≈ $541.22 Million		 +6.17%
2017-12-31 ฿16.35 Billion
≈ $509.75 Million		 +19.20%
2016-12-31 ฿13.72 Billion
≈ $427.63 Million		 +11.17%
2015-12-31 ฿12.34 Billion
≈ $384.67 Million		 +7.30%
2014-12-31 ฿11.50 Billion
≈ $358.51 Million		 +17.62%
2013-12-31 ฿9.78 Billion
≈ $304.82 Million		 +0.40%
2012-12-31 ฿9.74 Billion
≈ $303.60 Million		 +17.63%
2011-12-31 ฿8.28 Billion
≈ $258.11 Million		 +227.30%
2010-12-31 ฿2.53 Billion
≈ $78.86 Million		 -60.90%
2009-12-31 ฿6.47 Billion
≈ $201.69 Million		 +10.05%
2008-12-31 ฿5.88 Billion
≈ $183.27 Million		 +20.26%
2007-12-31 ฿4.89 Billion
≈ $152.39 Million		 +4.04%
2006-12-31 ฿4.70 Billion
≈ $146.47 Million		 +10.96%
2005-12-31 ฿4.23 Billion
≈ $132.00 Million		 +705.79%
2004-12-31 ฿525.57 Million
≈ $16.38 Million		 +3.52%
2003-12-31 ฿507.68 Million
≈ $15.82 Million		 -78.29%
2002-12-31 ฿2.34 Billion
≈ $72.87 Million		 +13.39%
2001-12-31 ฿2.06 Billion
≈ $64.27 Million		 +27.68%
2000-12-31 ฿1.61 Billion
≈ $50.34 Million		 --

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
Fine Semitech Corp
KQ:036810
 $586.42 Million
Xiamen Xindeco Ltd
SHE:000701
 $586.43 Million
Sligro Food Group NV
AS:SLIGR
 $586.79 Million
Shandong Xingmin Wheel Co Ltd
SHE:002355
 $586.92 Million
Cosmecca Korea Co. Ltd
KQ:241710
 $586.25 Million
D I Corp
KO:003160
 $586.24 Million
Genbyte Technology Inc
SHE:003028
 $586.15 Million
Shenzhen Riland Industry Co
SHE:300154
 $586.14 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: 0.69x
  • 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 14.03x to 0.69x 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 ฿57.00 x
2004-12-31 ฿4.12 ฿57.00 x
2007-12-31 ฿17.67 ฿57.00 x
2008-12-31 ฿20.02 ฿57.00 x
2009-12-31 ฿20.32 ฿57.00 x
2010-12-31 ฿23.06 ฿57.00 x
2011-12-31 ฿25.90 ฿57.00 x
2012-12-31 ฿30.47 ฿57.00 x
2013-12-31 ฿30.40 ฿57.00 x
2014-12-31 ฿35.27 ฿57.00 x
2015-12-31 ฿37.13 ฿57.00 x
2016-12-31 ฿41.21 ฿57.00 x
2017-12-31 ฿49.09 ฿57.00 x
2018-12-31 ฿52.13 ฿57.00 x
2019-12-31 ฿55.22 ฿57.00 x
2020-12-31 ฿71.34 ฿57.00 x
2021-12-31 ฿72.59 ฿57.00 x
2022-12-31 ฿74.73 ฿57.00 x
2023-12-31 ฿80.33 ฿57.00 x
2024-12-31 ฿82.51 ฿57.00 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: $1,340,158,503
  • Average return on equity (ROE) among peers: 30.50%

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 $586.29 Million
Premier Marketing Public Company Limited (PM) $1.34 Billion 30.50% 0.52x $198.32 Million

About Saha Pathanapibul Public Company Limited

BK:SPC Thailand Food Distribution
Market Cap
$586.29 Million
฿18.81 Billion THB
Market Cap Rank
#11741 Global
#116 in Thailand
Share Price
฿57.00
Change (1 day)
+0.00%
52-Week Range
฿54.75 - ฿59.75
All Time High
฿65.30
Categories
Companies in Thailand Food Distribution
About

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