Sri Trang Agro-Industry Public Company Limited (STA-R) - Net Assets

Latest as of June 2025: ฿67.83 Billion THB ≈ $2.11 Billion USD

Based on the latest financial reports, Sri Trang Agro-Industry Public Company Limited (STA-R) has net assets worth ฿67.83 Billion THB (≈ $2.11 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿108.01 Billion ≈ $3.37 Billion USD) and total liabilities (฿40.18 Billion ≈ $1.25 Billion 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 Sri Trang Agro-Industry Public Company L liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿67.83 Billion
% of Total Assets	62.8%
Annual Growth Rate	15.31%
5-Year Change	30.52%
10-Year Change	226.69%
Growth Volatility	28.43

Sri Trang Agro-Industry Public Company Limited - Net Assets Trend (2004–2024)

This chart illustrates how Sri Trang Agro-Industry Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore STA-R total assets for the complete picture of this company's asset base.

Annual Net Assets for Sri Trang Agro-Industry Public Company Limited (2004–2024)

The table below shows the annual net assets of Sri Trang Agro-Industry Public Company Limited from 2004 to 2024. For live valuation and market cap data, see STA-R stock market capitalisation.

Year	Net Assets	Change
2024-12-31	฿69.70 Billion ≈ $2.17 Billion	+2.27%
2023-12-31	฿68.15 Billion ≈ $2.12 Billion	-1.50%
2022-12-31	฿69.19 Billion ≈ $2.16 Billion	+6.36%
2021-12-31	฿65.05 Billion ≈ $2.03 Billion	+21.82%
2020-12-31	฿53.40 Billion ≈ $1.66 Billion	+109.50%
2019-12-31	฿25.49 Billion ≈ $794.45 Million	+1.55%
2018-12-31	฿25.10 Billion ≈ $782.34 Million	+7.83%
2017-12-31	฿23.28 Billion ≈ $725.52 Million	+16.90%
2016-12-31	฿19.91 Billion ≈ $620.64 Million	-6.67%
2015-12-31	฿21.33 Billion ≈ $664.96 Million	+3.60%
2014-12-31	฿20.59 Billion ≈ $641.83 Million	+2.62%
2013-12-31	฿20.07 Billion ≈ $625.45 Million	+5.96%
2012-12-31	฿18.94 Billion ≈ $590.24 Million	+5.02%
2011-12-31	฿18.03 Billion ≈ $562.01 Million	+73.13%
2010-12-31	฿10.41 Billion ≈ $324.62 Million	+41.34%
2009-12-31	฿7.37 Billion ≈ $229.68 Million	+32.56%
2008-12-31	฿5.56 Billion ≈ $173.26 Million	+38.78%
2007-12-31	฿4.01 Billion ≈ $124.84 Million	-3.75%
2006-12-31	฿4.16 Billion ≈ $129.71 Million	-2.89%
2005-12-31	฿4.29 Billion ≈ $133.57 Million	+6.15%
2004-12-31	฿4.04 Billion ≈ $125.82 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sri Trang Agro-Industry 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 26643.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿25.67 Billion	50.25%
Other Components	฿25.41 Billion	49.75%
Total Equity	฿51.09 Billion	100.00%

Sri Trang Agro-Industry Public Company Limited Competitors by Market Cap

The table below lists competitors of Sri Trang Agro-Industry Public Company Limited ranked by their market capitalization.

Company	Market Cap
Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. IS:EUPWR	$651.36 Million
Afya Ltd NASDAQ:AFYA	$651.37 Million
SI-TECH Information Technology Co Ltd SHE:300608	$651.45 Million
Shore Bancshares Inc NASDAQ:SHBI	$651.56 Million
ZheJiang RIFA Digital Precision Machinery Co Ltd SHE:002520	$651.02 Million
Bally's Corp NYSE:BALY	$650.91 Million
Mrs. Bectors Food Specialities Limited NSE:BECTORFOOD	$650.88 Million
Bestore Co Ltd SHG:603719	$650.75 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 50,340,200,726 to 51,087,317,327, a change of 747,116,601 (1.5%).
Net income of 1,670,375,218 contributed positively to equity growth.
Dividend payments of 1,535,928,097 reduced retained earnings.
Other comprehensive income decreased equity by 6,312,894,941.
Other factors increased equity by 6,925,564,421.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿1.67 Billion	+3.27%
Dividends Paid	฿1.54 Billion	-3.01%
Other Comprehensive Income	฿-6.31 Billion	-12.36%
Other Changes	฿6.93 Billion	+13.56%
Total Change	฿-	1.48%

Book Value vs Market Value Analysis

This analysis compares Sri Trang Agro-Industry 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: 0.41x
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 2.90x to 0.41x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	฿4.69	฿13.60	x
2005-12-31	฿4.55	฿13.60	x
2006-12-31	฿4.00	฿13.60	x
2007-12-31	฿3.85	฿13.60	x
2008-12-31	฿5.35	฿13.60	x
2009-12-31	฿7.07	฿13.60	x
2010-12-31	฿9.99	฿13.60	x
2011-12-31	฿13.75	฿13.60	x
2012-12-31	฿14.19	฿13.60	x
2013-12-31	฿15.04	฿13.60	x
2014-12-31	฿15.43	฿13.60	x
2015-12-31	฿15.99	฿13.60	x
2016-12-31	฿14.97	฿13.60	x
2017-12-31	฿16.72	฿13.60	x
2018-12-31	฿16.08	฿13.60	x
2019-12-31	฿15.70	฿13.60	x
2020-12-31	฿24.79	฿13.60	x
2021-12-31	฿30.37	฿13.60	x
2022-12-31	฿33.46	฿13.60	x
2023-12-31	฿32.77	฿13.60	x
2024-12-31	฿33.26	฿13.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sri Trang Agro-Industry 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): 3.27%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.46%
• Asset Turnover: 0.87x
• Equity Multiplier: 2.57x
Recent ROE (3.27%) is below the historical average (11.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	19.27%	2.56%	2.50x	3.02x	฿342.75 Million
2005	-4.49%	-0.59%	2.32x	3.25x	฿-558.58 Million
2006	14.03%	1.48%	2.66x	3.56x	฿167.28 Million
2007	2.71%	0.22%	2.79x	4.51x	฿-290.91 Million
2008	11.02%	1.02%	3.94x	2.75x	฿56.52 Million
2009	29.21%	4.63%	2.00x	3.15x	฿1.41 Billion
2010	37.14%	4.60%	2.26x	3.57x	฿2.82 Billion
2011	7.28%	0.98%	3.31x	2.25x	฿-487.40 Million
2012	7.31%	1.38%	2.72x	1.95x	฿-506.31 Million
2013	9.07%	1.97%	2.08x	2.22x	฿-186.21 Million
2014	5.06%	1.37%	2.00x	1.84x	฿-1.01 Billion
2015	5.26%	1.82%	1.40x	2.07x	฿-1.01 Billion
2016	-3.82%	-0.98%	1.38x	2.82x	฿-2.74 Billion
2017	-6.27%	-1.61%	1.50x	2.61x	฿-3.73 Billion
2018	8.36%	2.81%	1.32x	2.26x	฿-406.16 Million
2019	-0.22%	-0.09%	1.03x	2.42x	฿-2.46 Billion
2020	40.44%	20.40%	0.81x	2.45x	฿11.59 Billion
2021	56.11%	22.13%	1.03x	2.45x	฿21.51 Billion
2022	9.33%	4.33%	0.95x	2.28x	฿-343.97 Million
2023	-0.86%	-0.52%	0.75x	2.22x	฿-5.47 Billion
2024	3.27%	1.46%	0.87x	2.57x	฿-3.44 Billion

Industry Comparison

This section compares Sri Trang Agro-Industry Public Company Limited's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $3,203,409,729
Average return on equity (ROE) among peers: 9.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sri Trang Agro-Industry Public Company Limited (STA-R)	฿67.83 Billion	19.27%	0.59x	$651.11 Million
Salee Colour Public Company Limited (COLOR)	$221.85 Million	-0.23%	4.13x	$18.91 Million
Dimet (Siam) Public Company Limited (DIMET)	$361.15 Million	-25.12%	0.18x	$5.03 Million
Eason & Co Public Company Limited (EASON)	$202.34 Million	24.38%	1.14x	$18.12 Million
Eastern Polymer Group Public Company Limited (EPG)	$8.20 Billion	7.67%	0.46x	$308.95 Million
Global Connections Public Company Limited (GC)	$388.80 Million	12.24%	2.01x	$60.62 Million
Megachem (Thailand) Public Company Limited (MGT)	$371.29 Million	12.74%	0.17x	$24.44 Million
Polyplex (Thailand) Public Company Limited (PTL)	$11.61 Billion	20.02%	0.37x	$274.91 Million
Polyplex (Thailand) Public Company Limited (PTL-R)	$9.67 Billion	14.14%	0.49x	$276.31 Million
Salee Industry Public Company Limited (SALEE)	$650.26 Million	14.35%	0.37x	$18.01 Million
Selic Corp Public Company Limited (SELIC)	$361.47 Million	10.80%	0.35x	$49.89 Million

About Sri Trang Agro-Industry Public Company Limited

BK:STA-R Thailand Specialty Chemicals

Market Cap

$651.11 Million

฿20.89 Billion THB

Market Cap Rank

#11193 Global

#107 in Thailand

Share Price

฿13.60

Change (1 day)

-0.73%

52-Week Range

฿10.40 - ฿17.20

All Time High

฿19.20