Sriracha Construction Public Company Limited
Sriracha Construction Public Company Limited engages in construction, rendering manpower, and maintenance service businesses in Thailand and internationally. The company provides construction services in the areas of mechanical, welding, equipment and vessels, ducts, steel fabrication, shutdown, piping, turbine and generator, tanks, structural steel, pipe rack and buildings, piping work and insta… Read more
Sriracha Construction Public Company Limited (SRICHA) - Net Assets
Latest net assets as of September 2025: ฿1.41 Billion THB
Based on the latest financial reports, Sriracha Construction Public Company Limited (SRICHA) has net assets worth ฿1.41 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 (฿2.99 Billion) and total liabilities (฿1.58 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 | ฿1.41 Billion |
| % of Total Assets | 47.18% |
| Annual Growth Rate | 4.73% |
| 5-Year Change | -34.59% |
| 10-Year Change | -45.56% |
| Growth Volatility | 37.26 |
Sriracha Construction Public Company Limited - Net Assets Trend (2007–2024)
This chart illustrates how Sriracha Construction 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 Sriracha Construction Public Company Limited (2007–2024)
The table below shows the annual net assets of Sriracha Construction Public Company Limited from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.09 Billion | -38.70% |
| 2023-12-31 | ฿1.79 Billion | +4.07% |
| 2022-12-31 | ฿1.72 Billion | -3.08% |
| 2021-12-31 | ฿1.77 Billion | +5.78% |
| 2020-12-31 | ฿1.67 Billion | +9.41% |
| 2019-12-31 | ฿1.53 Billion | -3.70% |
| 2018-12-31 | ฿1.59 Billion | -9.50% |
| 2017-12-31 | ฿1.76 Billion | -9.15% |
| 2016-12-31 | ฿1.93 Billion | -3.92% |
| 2015-12-31 | ฿2.01 Billion | -18.56% |
| 2014-12-31 | ฿2.47 Billion | +2.62% |
| 2013-12-31 | ฿2.41 Billion | +8.79% |
| 2012-12-31 | ฿2.21 Billion | +101.21% |
| 2011-12-31 | ฿1.10 Billion | -11.48% |
| 2010-12-31 | ฿1.24 Billion | +13.28% |
| 2009-12-31 | ฿1.10 Billion | +4.14% |
| 2008-12-31 | ฿1.05 Billion | +110.90% |
| 2007-12-31 | ฿499.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sriracha Construction 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 decreased by 183.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿309.88 Million | 29.17% |
| Other Comprehensive Income | ฿-58.55 Million | -5.51% |
| Other Components | ฿1.19 Billion | 111.76% |
| Total Equity | ฿1.06 Billion | 100.00% |
Sriracha Construction Public Company Limited Competitors by Market Cap
The table below lists competitors of Sriracha Construction Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northern Ocean Ltd
PINK:NTNOF
|
$57.52 Million |
|
Financeira Alfa S.A. - Crédito Financiamento e Investimentos
SA:CRIV3
|
$57.54 Million |
|
YoungQin International Co
TWO:2755
|
$57.56 Million |
|
Research Solutions Inc
NASDAQ:RSSS
|
$57.56 Million |
|
Mereo BioPharma Group plc
F:MAH0
|
$57.50 Million |
|
United Purification Technology Co., Ltd.
TWO:6977
|
$57.49 Million |
|
Thaivivat Holdings Public Company Limited
BK:TVH
|
$57.48 Million |
|
OSE Immunotherapeutics S.A.
LSE:0RAD
|
$57.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sriracha Construction Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,746,665,849 to 1,062,216,057, a change of -684,449,792 (-39.2%).
- Net loss of 625,265,586 reduced equity.
- Dividend payments of 77,438,623 reduced retained earnings.
- Other comprehensive income increased equity by 21,767,435.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-625.27 Million | -58.86% |
| Dividends Paid | ฿77.44 Million | -7.29% |
| Other Comprehensive Income | ฿21.77 Million | +2.05% |
| Other Changes | ฿-3.51 Million | -0.33% |
| Total Change | ฿- | -39.19% |
Book Value vs Market Value Analysis
This analysis compares Sriracha Construction 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: 4.25x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.67x to 4.25x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿8.73 | ฿14.60 | x |
| 2011-12-31 | ฿4.77 | ฿14.60 | x |
| 2012-12-31 | ฿8.10 | ฿14.60 | x |
| 2013-12-31 | ฿7.70 | ฿14.60 | x |
| 2014-12-31 | ฿7.91 | ฿14.60 | x |
| 2015-12-31 | ฿6.42 | ฿14.60 | x |
| 2016-12-31 | ฿6.08 | ฿14.60 | x |
| 2017-12-31 | ฿5.57 | ฿14.60 | x |
| 2018-12-31 | ฿5.05 | ฿14.60 | x |
| 2019-12-31 | ฿4.84 | ฿14.60 | x |
| 2020-12-31 | ฿5.31 | ฿14.60 | x |
| 2021-12-31 | ฿5.59 | ฿14.60 | x |
| 2022-12-31 | ฿5.45 | ฿14.60 | x |
| 2023-12-31 | ฿5.69 | ฿14.60 | x |
| 2024-12-31 | ฿3.43 | ฿14.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sriracha Construction 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): -58.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.85%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.11x
- Recent ROE (-58.86%) is below the historical average (20.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 97.89% | 49.92% | 0.92x | 2.13x | ฿1.07 Billion |
| 2011 | 103.25% | 39.11% | 1.31x | 2.02x | ฿1.00 Billion |
| 2012 | 46.88% | 48.79% | 0.84x | 1.14x | ฿805.12 Million |
| 2013 | 38.70% | 36.17% | 0.86x | 1.25x | ฿680.83 Million |
| 2014 | 34.96% | 33.17% | 0.94x | 1.12x | ฿609.10 Million |
| 2015 | 17.12% | 21.24% | 0.73x | 1.10x | ฿141.17 Million |
| 2016 | 5.10% | 8.11% | 0.54x | 1.17x | ฿-93.56 Million |
| 2017 | -2.68% | -3.66% | 0.63x | 1.16x | ฿-219.15 Million |
| 2018 | -6.34% | -12.24% | 0.46x | 1.12x | ฿-255.67 Million |
| 2019 | -2.49% | -4.10% | 0.51x | 1.19x | ฿-187.50 Million |
| 2020 | 8.65% | 8.62% | 0.76x | 1.31x | ฿-22.18 Million |
| 2021 | 19.71% | 13.38% | 1.18x | 1.25x | ฿168.21 Million |
| 2022 | 2.81% | 2.99% | 0.76x | 1.24x | ฿-121.38 Million |
| 2023 | 7.03% | 5.54% | 0.88x | 1.44x | ฿-51.88 Million |
| 2024 | -58.86% | -33.85% | 0.82x | 2.11x | ฿-731.49 Million |
Industry Comparison
This section compares Sriracha Construction Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,965,931,882
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sriracha Construction Public Company Limited (SRICHA) | ฿1.41 Billion | 97.89% | 1.12x | $57.51 Million |
| AMR Asia Public Company Limited (AMR) | $306.84 Million | 8.33% | 3.71x | $2.60 Million |
| Asia Precision Public Company Limited (APCS) | $1.70 Billion | 13.02% | 0.70x | $12.48 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $141.51 Million | 16.19% | 4.15x | $4.94 Million |
| Civil Engineering PCL (CIVIL) | $1.80 Billion | 5.22% | 3.26x | $4.22 Million |
| CH. Karnchang PCL (CK) | $6.21 Billion | -5.39% | 3.91x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $26.48 Billion | 5.46% | 3.27x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.72 Billion | 2.91% | 2.76x | $8.05 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $227.05 Million | 18.71% | 1.86x | $1.65 Million |
| Demco Public Company Limited (DEMCO) | $402.38 Million | 24.91% | 1.04x | $19.56 Million |
| EMC Public Company Limited (EMC) | $673.74 Million | 5.45% | 1.52x | $4.72 Million |