Sub Sri Thai Public Company Limited (SST) - Net Assets

Latest as of September 2025: ฿2.03 Billion THB ≈ $63.20 Million USD

Based on the latest financial reports, Sub Sri Thai Public Company Limited (SST) has net assets worth ฿2.03 Billion THB (≈ $63.20 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 (฿6.64 Billion ≈ $207.11 Million USD) and total liabilities (฿4.62 Billion ≈ $143.91 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 Sub Sri Thai Public Company Limited's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿2.03 Billion
% of Total Assets	30.51%
Annual Growth Rate	7.33%
5-Year Change	-12.47%
10-Year Change	1.15%
Growth Volatility	32.59

Sub Sri Thai Public Company Limited - Net Assets Trend (2002–2024)

This chart illustrates how Sub Sri Thai Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Sub Sri Thai Public Company Limited for the complete picture of this company's asset base.

Annual Net Assets for Sub Sri Thai Public Company Limited (2002–2024)

The table below shows the annual net assets of Sub Sri Thai Public Company Limited from 2002 to 2024. For live valuation and market cap data, see SST stock market capitalisation.

Year	Net Assets	Change
2024-12-31	฿2.46 Billion ≈ $76.72 Million	-7.77%
2023-12-31	฿2.67 Billion ≈ $83.19 Million	-2.11%
2022-12-31	฿2.73 Billion ≈ $84.99 Million	+1.76%
2021-12-31	฿2.68 Billion ≈ $83.51 Million	-4.73%
2020-12-31	฿2.81 Billion ≈ $87.66 Million	-13.31%
2019-12-31	฿3.24 Billion ≈ $101.12 Million	-1.41%
2018-12-31	฿3.29 Billion ≈ $102.56 Million	+0.65%
2017-12-31	฿3.27 Billion ≈ $101.90 Million	+46.43%
2016-12-31	฿2.23 Billion ≈ $69.59 Million	-8.26%
2015-12-31	฿2.43 Billion ≈ $75.85 Million	-10.84%
2014-12-31	฿2.73 Billion ≈ $85.08 Million	+89.08%
2013-12-31	฿1.44 Billion ≈ $45.00 Million	-7.20%
2012-12-31	฿1.56 Billion ≈ $48.49 Million	+0.74%
2011-12-31	฿1.54 Billion ≈ $48.13 Million	+33.18%
2010-12-31	฿1.16 Billion ≈ $36.14 Million	+119.13%
2009-12-31	฿529.17 Million ≈ $16.49 Million	-1.52%
2008-12-31	฿537.33 Million ≈ $16.75 Million	+3.32%
2007-12-31	฿520.06 Million ≈ $16.21 Million	-2.91%
2006-12-31	฿535.65 Million ≈ $16.70 Million	-1.79%
2005-12-31	฿545.41 Million ≈ $17.00 Million	+2.94%
2004-12-31	฿529.85 Million ≈ $16.52 Million	+0.05%
2003-12-31	฿529.61 Million ≈ $16.51 Million	+1.99%
2002-12-31	฿519.25 Million ≈ $16.18 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sub Sri Thai 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 282.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	฿526.46 Million	27.14%
Other Comprehensive Income	฿57.19 Million	2.95%
Other Components	฿1.46 Billion	75.22%
Total Equity	฿1.94 Billion	100.00%

Sub Sri Thai Public Company Limited Competitors by Market Cap

The table below lists competitors of Sub Sri Thai Public Company Limited ranked by their market capitalization.

Company	Market Cap
Trigon Metals Inc V:TM	$18.23 Million
Volt Resources Ltd AU:VRC	$18.23 Million
RLF Agtech Ltd AU:RLF	$18.23 Million
Scibase AB ST:SCIB	$18.23 Million
Photon Energy N.V. WAR:PEN	$18.20 Million
Aurania Resources Ltd V:ARU	$18.20 Million
Tecnisa S.A SA:TCSA3	$18.20 Million
Allarity Therapeutics Inc NASDAQ:ALLR	$18.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sub Sri Thai Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,032,155,823 to 1,939,881,078, a change of -92,274,745 (-4.5%).
Net loss of 300,760,015 reduced equity.
Dividend payments of 5,248,150 reduced retained earnings.
Other comprehensive income decreased equity by 811,205,938.
Other factors increased equity by 1,024,939,358.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿-300.76 Million	-15.5%
Dividends Paid	฿5.25 Million	-0.27%
Other Comprehensive Income	฿-811.21 Million	-41.82%
Other Changes	฿1.02 Billion	+52.84%
Total Change	฿-	-4.54%

Book Value vs Market Value Analysis

This analysis compares Sub Sri Thai 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: 0.30x
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 1.15x to 0.30x 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	฿0.96	฿1.11	x
2007-12-31	฿0.92	฿1.11	x
2008-12-31	฿0.95	฿1.11	x
2009-12-31	฿1.22	฿1.11	x
2010-12-31	฿2.73	฿1.11	x
2011-12-31	฿3.26	฿1.11	x
2012-12-31	฿2.79	฿1.11	x
2013-12-31	฿2.58	฿1.11	x
2014-12-31	฿3.90	฿1.11	x
2015-12-31	฿3.60	฿1.11	x
2016-12-31	฿3.56	฿1.11	x
2017-12-31	฿4.28	฿1.11	x
2018-12-31	฿4.36	฿1.11	x
2019-12-31	฿4.34	฿1.11	x
2020-12-31	฿3.87	฿1.11	x
2021-12-31	฿3.74	฿1.11	x
2022-12-31	฿3.91	฿1.11	x
2023-12-31	฿3.86	฿1.11	x
2024-12-31	฿3.72	฿1.11	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sub Sri Thai 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): -15.50%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -8.88%
• Asset Turnover: 0.47x
• Equity Multiplier: 3.75x
Recent ROE (-15.50%) is below the historical average (1.92%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	5.85%	33.58%	0.17x	1.04x	฿-21.55 Million
2003	6.39%	33.27%	0.18x	1.04x	฿-19.11 Million
2004	6.70%	34.55%	0.18x	1.06x	฿-17.51 Million
2005	7.69%	34.63%	0.20x	1.09x	฿-12.59 Million
2006	9.43%	34.44%	0.22x	1.24x	฿-3.04 Million
2007	5.84%	20.04%	0.24x	1.23x	฿-21.62 Million
2008	8.39%	25.21%	0.28x	1.20x	฿-8.63 Million
2009	10.53%	28.03%	0.27x	1.37x	฿2.79 Million
2010	4.42%	17.27%	0.17x	1.55x	฿-64.65 Million
2011	27.08%	103.89%	0.13x	2.04x	฿263.34 Million
2012	-11.70%	-8.46%	0.48x	2.91x	฿-337.03 Million
2013	-7.48%	-5.06%	0.49x	3.03x	฿-251.75 Million
2014	16.57%	14.71%	0.44x	2.57x	฿143.10 Million
2015	-3.19%	-2.08%	0.56x	2.74x	฿-264.75 Million
2016	-7.44%	-4.34%	0.62x	2.78x	฿-327.15 Million
2017	-0.95%	-0.68%	0.51x	2.75x	฿-246.63 Million
2018	1.95%	1.29%	0.61x	2.49x	฿-184.63 Million
2019	-0.32%	-0.22%	0.59x	2.44x	฿-235.79 Million
2020	-21.91%	-17.37%	0.37x	3.42x	฿-649.42 Million
2021	-3.92%	-3.02%	0.37x	3.55x	฿-274.12 Million
2022	5.77%	2.98%	0.50x	3.87x	฿-87.08 Million
2023	-0.03%	-0.01%	0.52x	3.76x	฿-203.74 Million
2024	-15.50%	-8.88%	0.47x	3.75x	฿-494.75 Million

Industry Comparison

This section compares Sub Sri Thai 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
Sub Sri Thai Public Company Limited (SST)	฿2.03 Billion	5.85%	2.28x	$18.21 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 Sub Sri Thai Public Company Limited

BK:SST Thailand Packaged Foods

Market Cap

$18.21 Million

฿584.37 Million THB

Market Cap Rank

#25320 Global

#499 in Thailand

Share Price

฿1.11

Change (1 day)

-0.89%

52-Week Range

฿1.10 - ฿1.97

All Time High

฿95.97