Sri Trang Agro-Industry Public Company Limited
Sri Trang Agro-Industry Public Company Limited manufactures and distributes natural rubber products in Thailand, China, the United States, Japan, Korea, India, Germany, and internationally. It operates through three segments: Natural Rubber Products, Gloves, and Other Businesses. The company manufactures, sells, and trades in ribbed smoked sheets, concentrated latex, and block rubbers; powdered a… Read more
Sri Trang Agro-Industry Public Company Limited (STA) - Net Assets
Latest net assets as of September 2025: ฿66.93 Billion THB
Based on the latest financial reports, Sri Trang Agro-Industry Public Company Limited (STA) has net assets worth ฿66.93 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 (฿108.39 Billion) and total liabilities (฿41.47 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 | ฿66.93 Billion |
| % of Total Assets | 61.75% |
| Annual Growth Rate | 15.04% |
| 5-Year Change | 30.52% |
| 10-Year Change | 226.69% |
| Growth Volatility | 26.12 |
Sri Trang Agro-Industry Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Sri Trang Agro-Industry 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 Sri Trang Agro-Industry Public Company Limited (2000–2024)
The table below shows the annual net assets of Sri Trang Agro-Industry Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿69.70 Billion | +2.27% |
| 2023-12-31 | ฿68.15 Billion | -1.50% |
| 2022-12-31 | ฿69.19 Billion | +6.36% |
| 2021-12-31 | ฿65.05 Billion | +21.82% |
| 2020-12-31 | ฿53.40 Billion | +109.50% |
| 2019-12-31 | ฿25.49 Billion | +1.55% |
| 2018-12-31 | ฿25.10 Billion | +7.83% |
| 2017-12-31 | ฿23.28 Billion | +16.90% |
| 2016-12-31 | ฿19.91 Billion | -6.67% |
| 2015-12-31 | ฿21.33 Billion | +3.60% |
| 2014-12-31 | ฿20.59 Billion | +2.62% |
| 2013-12-31 | ฿20.07 Billion | +5.96% |
| 2012-12-31 | ฿18.94 Billion | +5.02% |
| 2011-12-31 | ฿18.03 Billion | +73.13% |
| 2010-12-31 | ฿10.41 Billion | +41.34% |
| 2009-12-31 | ฿7.37 Billion | +32.56% |
| 2008-12-31 | ฿5.56 Billion | +38.78% |
| 2007-12-31 | ฿4.01 Billion | -3.75% |
| 2006-12-31 | ฿4.16 Billion | -2.89% |
| 2005-12-31 | ฿4.29 Billion | +6.15% |
| 2004-12-31 | ฿4.04 Billion | +21.09% |
| 2003-12-31 | ฿3.33 Billion | +18.17% |
| 2002-12-31 | ฿2.82 Billion | +11.19% |
| 2001-12-31 | ฿2.54 Billion | +5.15% |
| 2000-12-31 | ฿2.41 Billion | -- |
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 2486.6% 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% |
| Common Stock | ฿1.54 Billion | 3.01% |
| Other Comprehensive Income | ฿6.77 Billion | 13.25% |
| Other Components | ฿17.11 Billion | 33.49% |
| 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 |
|---|---|
|
Mnc Land Tbk
JK:KPIG
|
$387.57 Million |
|
Shanxi Antai Group Co Ltd
SHG:600408
|
$387.82 Million |
|
Qifeng New Material Co Ltd
SHE:002521
|
$387.93 Million |
|
Tata Teleservices (Maharashtra) Limited
NSE:TTML
|
$388.02 Million |
|
Ruitai Materials Technology Co Ltd
SHE:002066
|
$387.51 Million |
|
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
|
$387.50 Million |
|
Shanghai QiFan Cable Co Ltd
SHG:605222
|
$387.49 Million |
|
Nanjing Quanxin Cable Technology Co Ltd
SHE:300447
|
$387.47 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 increased equity by 455,783,390.
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 | ฿455.78 Million | +0.89% |
| Other Changes | ฿156.89 Million | +0.31% |
| 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: 0.48x
- 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 3.41x to 0.48x 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 | ฿16.00 | x |
| 2005-12-31 | ฿4.55 | ฿16.00 | x |
| 2006-12-31 | ฿4.00 | ฿16.00 | x |
| 2007-12-31 | ฿3.85 | ฿16.00 | x |
| 2008-12-31 | ฿5.35 | ฿16.00 | x |
| 2009-12-31 | ฿7.07 | ฿16.00 | x |
| 2010-12-31 | ฿9.99 | ฿16.00 | x |
| 2011-12-31 | ฿13.75 | ฿16.00 | x |
| 2012-12-31 | ฿14.19 | ฿16.00 | x |
| 2013-12-31 | ฿15.04 | ฿16.00 | x |
| 2014-12-31 | ฿15.43 | ฿16.00 | x |
| 2015-12-31 | ฿15.99 | ฿16.00 | x |
| 2016-12-31 | ฿14.97 | ฿16.00 | x |
| 2017-12-31 | ฿16.72 | ฿16.00 | x |
| 2018-12-31 | ฿16.08 | ฿16.00 | x |
| 2019-12-31 | ฿15.70 | ฿16.00 | x |
| 2020-12-31 | ฿24.79 | ฿16.00 | x |
| 2021-12-31 | ฿30.37 | ฿16.00 | x |
| 2022-12-31 | ฿33.46 | ฿16.00 | x |
| 2023-12-31 | ฿32.77 | ฿16.00 | x |
| 2024-12-31 | ฿33.26 | ฿16.00 | 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 (11.14%), 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 | 4.58% | 1.20% | 1.70x | 2.25x | ฿-115.91 Million |
| 2001 | 6.88% | 2.01% | 1.68x | 2.03x | ฿-71.31 Million |
| 2002 | 11.49% | 2.66% | 1.71x | 2.53x | ฿37.80 Million |
| 2003 | 6.24% | 0.86% | 2.60x | 2.80x | ฿-112.80 Million |
| 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: $2,670,174,555
- Average return on equity (ROE) among peers: 8.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sri Trang Agro-Industry Public Company Limited (STA) | ฿66.93 Billion | 4.58% | 0.62x | $387.54 Million |
| Applied DB Public Company Limited (ADB) | $647.79 Million | 4.28% | 0.42x | $2.41 Million |
| Birla Carbon (Thailand) Public Company Limited (BCT) | $9.29 Billion | 8.68% | 0.88x | $87.76 Million |
| Bio Green Energy Tech PCL (BIOTEC) | $1.18 Billion | -10.27% | 1.57x | $7.06 Million |
| Chememan Public Company Limited (CMAN) | $2.55 Billion | 9.88% | 1.54x | $29.85 Million |
| Salee Colour Public Company Limited (COLOR) | $738.46 Million | 3.24% | 0.77x | $7.47 Million |
| Dimet (Siam) Public Company Limited (DIMET) | $135.26 Million | 1.00% | 0.67x | $2.49 Million |
| Delta Paint PCL (DPAINT) | $205.16 Million | 20.91% | 2.26x | $154.45K |
| Eason & Co Public Company Limited (EASON) | $553.06 Million | 9.23% | 0.29x | $7.50 Million |
| Eastern Polymer Group Public Company Limited (EPG) | $11.04 Billion | 11.04% | 0.40x | $69.91 Million |
| Global Connections Public Company Limited (GC) | $366.31 Million | 29.61% | 1.58x | $20.11 Million |