Sri Trang Agro-Industry Public Company Limited (STA) - Net Assets
Based on the latest financial reports, Sri Trang Agro-Industry Public Company Limited (STA) has net assets worth ฿66.21 Billion THB (≈ $2.06 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿113.76 Billion ≈ $3.55 Billion USD) and total liabilities (฿47.56 Billion ≈ $1.48 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 tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿66.21 Billion |
| % of Total Assets | 58.19% |
| Annual Growth Rate | 14.17% |
| 5-Year Change | 1.78% |
| 10-Year Change | 232.49% |
| Growth Volatility | 25.97 |
Sri Trang Agro-Industry Public Company Limited - Net Assets Trend (2000–2025)
This chart illustrates how Sri Trang Agro-Industry Public Company Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Sri Trang Agro-Industry Public Company L to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sri Trang Agro-Industry Public Company Limited (2000–2025)
The table below shows the annual net assets of Sri Trang Agro-Industry Public Company Limited from 2000 to 2025. For live valuation and market cap data, see STA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿66.21 Billion ≈ $2.06 Billion |
-5.01% |
| 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 |
+21.09% |
| 2003-12-31 | ฿3.33 Billion ≈ $103.91 Million |
+18.17% |
| 2002-12-31 | ฿2.82 Billion ≈ $87.94 Million |
+11.19% |
| 2001-12-31 | ฿2.54 Billion ≈ $79.09 Million |
+5.15% |
| 2000-12-31 | ฿2.41 Billion ≈ $75.22 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 2192.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿22.76 Billion | 47.20% |
| Other Components | ฿25.45 Billion | 52.80% |
| Total Equity | ฿48.21 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 |
|---|---|
|
Sun Country Airlines Holdings Inc
NASDAQ:SNCY
|
$876.36 Million |
|
Hubei Chutian Expressway Co Ltd
SHG:600035
|
$876.47 Million |
|
Bajaj Consumer Care Limited
NSE:BAJAJCON
|
$876.51 Million |
|
RHÖN-KLINIKUM Aktiengesellschaft
XETRA:RHK
|
$876.89 Million |
|
Chengdu Hongqi Chain Co Ltd
SHE:002697
|
$875.65 Million |
|
Israel Shipyards Ltd
TA:ISHI
|
$875.34 Million |
|
Huadian Power International Corporation Limited
F:SHX
|
$875.33 Million |
|
Ballard Power Systems Inc
TO:BLDP
|
$875.15 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 2024 to 2025, total equity changed from 51,087,317,327 to 48,211,251,393, a change of -2,876,065,934 (-5.6%).
- Net loss of 1,265,710,492 reduced equity.
- Dividend payments of 1,536,785,673 reduced retained earnings.
- Share repurchases of 551,085,085 reduced equity.
- Other comprehensive income decreased equity by 6,768,678,331.
- Other factors increased equity by 7,246,193,647.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-1.27 Billion | -2.63% |
| Dividends Paid | ฿1.54 Billion | -3.19% |
| Share Repurchases | ฿551.09 Million | -1.14% |
| Other Comprehensive Income | ฿-6.77 Billion | -14.04% |
| Other Changes | ฿7.25 Billion | +15.03% |
| Total Change | ฿- | -5.63% |
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: 0.58x
- 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 3.90x to 0.58x 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 | ฿18.30 | x |
| 2005-12-31 | ฿4.55 | ฿18.30 | x |
| 2006-12-31 | ฿4.00 | ฿18.30 | x |
| 2007-12-31 | ฿3.85 | ฿18.30 | x |
| 2008-12-31 | ฿5.35 | ฿18.30 | x |
| 2009-12-31 | ฿7.07 | ฿18.30 | x |
| 2010-12-31 | ฿9.99 | ฿18.30 | x |
| 2011-12-31 | ฿13.75 | ฿18.30 | x |
| 2012-12-31 | ฿14.19 | ฿18.30 | x |
| 2013-12-31 | ฿15.04 | ฿18.30 | x |
| 2014-12-31 | ฿15.43 | ฿18.30 | x |
| 2015-12-31 | ฿15.99 | ฿18.30 | x |
| 2016-12-31 | ฿14.97 | ฿18.30 | x |
| 2017-12-31 | ฿16.72 | ฿18.30 | x |
| 2018-12-31 | ฿16.08 | ฿18.30 | x |
| 2019-12-31 | ฿15.70 | ฿18.30 | x |
| 2020-12-31 | ฿24.79 | ฿18.30 | x |
| 2021-12-31 | ฿30.37 | ฿18.30 | x |
| 2022-12-31 | ฿33.46 | ฿18.30 | x |
| 2023-12-31 | ฿32.77 | ฿18.30 | x |
| 2024-12-31 | ฿33.26 | ฿18.30 | x |
| 2025-12-31 | ฿31.39 | ฿18.30 | 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): -2.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.12%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.36x
- Recent ROE (-2.63%) is below the historical average (10.61%), 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 |
| 2025 | -2.63% | -1.12% | 1.00x | 2.36x | ฿-6.09 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: $3,359,493,874
- Average return on equity (ROE) among peers: 11.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sri Trang Agro-Industry Public Company Limited (STA) | ฿66.21 Billion | 4.58% | 0.72x | $876.13 Million |
| Salee Colour Public Company Limited (COLOR) | $836.11 Million | 4.43% | 0.70x | $18.91 Million |
| Dimet (Siam) Public Company Limited (DIMET) | $141.64 Million | 4.54% | 0.51x | $4.19 Million |
| Eason & Co Public Company Limited (EASON) | $658.92 Million | 9.97% | 0.28x | $18.09 Million |
| Eastern Polymer Group Public Company Limited (EPG) | $11.04 Billion | 11.04% | 0.40x | $488.73 Million |
| Global Connections Public Company Limited (GC) | $395.14 Million | 24.37% | 1.10x | $62.54 Million |
| Megachem (Thailand) Public Company Limited (MGT) | $647.71 Million | 16.25% | 0.32x | $22.69 Million |
| Polyplex (Thailand) Public Company Limited (PTL) | $8.36 Billion | 16.29% | 0.39x | $273.51 Million |
| Polyplex (Thailand) Public Company Limited (PTL-R) | $8.36 Billion | 16.29% | 0.39x | $276.31 Million |
| Salee Industry Public Company Limited (SALEE) | $1.51 Billion | 0.44% | 0.13x | $26.07 Million |
| Selic Corp Public Company Limited (SELIC) | $1.64 Billion | 8.95% | 0.95x | $60.41 Million |
About Sri Trang Agro-Industry Public Company Limited
Sri Trang Agro-Industry Public Company Limited, together with its subsidiaries, 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 lat… Read more