Thai Stanley Electric Public Company Limited

BK:STANLY Thailand Auto Parts
Market Cap
$436.43 Million
฿15.13 Billion THB
Market Cap Rank
#18639 Global
#159 in Thailand
Share Price
฿197.50
Change (1 day)
+0.25%
52-Week Range
฿178.50 - ฿225.00
All Time High
฿225.00
Categories
Companies in Thailand Auto Parts
About

Thai Stanley Electric Public Company Limited manufactures and sells automotive bulbs, lighting equipment, molds and dies, and product designs in Thailand and internationally. The company offers automotive and motorcycle lighting products, including head and rear combination lamps; auto bulb products; and die and mold products. It also exports its products. Thai Stanley Electric Public Company Lim… Read more

Thai Stanley Electric Public Company Limited (STANLY) - Net Assets

Latest net assets as of December 2025: ฿21.16 Billion THB

Based on the latest financial reports, Thai Stanley Electric Public Company Limited (STANLY) has net assets worth ฿21.16 Billion THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿23.68 Billion) and total liabilities (฿2.52 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 ฿21.16 Billion
% of Total Assets 89.35%
Annual Growth Rate 11.17%
5-Year Change 14.33%
10-Year Change 71.09%
Growth Volatility 7.4

Thai Stanley Electric Public Company Limited - Net Assets Trend (2002–2025)

This chart illustrates how Thai Stanley Electric 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 Thai Stanley Electric Public Company Limited (2002–2025)

The table below shows the annual net assets of Thai Stanley Electric Public Company Limited from 2002 to 2025.

Year Net Assets Change
2025-03-31 ฿21.40 Billion -1.39%
2024-03-31 ฿21.70 Billion +1.95%
2023-03-31 ฿21.29 Billion +6.29%
2022-03-31 ฿20.03 Billion +6.99%
2021-03-31 ฿18.72 Billion +8.06%
2020-03-31 ฿17.32 Billion +8.49%
2019-03-31 ฿15.97 Billion +9.88%
2018-03-31 ฿14.53 Billion +8.92%
2017-03-31 ฿13.34 Billion +6.66%
2016-03-31 ฿12.51 Billion +8.39%
2015-03-31 ฿11.54 Billion +6.53%
2014-03-31 ฿10.83 Billion +9.83%
2013-03-31 ฿9.86 Billion +16.07%
2012-03-31 ฿8.50 Billion +3.11%
2011-03-31 ฿8.24 Billion +13.48%
2010-03-31 ฿7.26 Billion +7.45%
2009-03-31 ฿6.76 Billion +11.55%
2008-03-31 ฿6.06 Billion +18.05%
2007-03-31 ฿5.13 Billion +18.45%
2006-03-31 ฿4.33 Billion +21.91%
2005-03-31 ฿3.55 Billion +24.56%
2004-03-31 ฿2.85 Billion 0.00%
2004-01-31 ฿2.85 Billion +27.04%
2003-03-31 ฿2.25 Billion +19.98%
2002-03-31 ฿1.87 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Thai Stanley Electric 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 1939.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ฿19.30 Billion 90.18%
Other Components ฿2.10 Billion 9.82%
Total Equity ฿21.40 Billion 100.00%

Thai Stanley Electric Public Company Limited Competitors by Market Cap

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

Company Market Cap
Kss Line
KO:044450
 		$91.07 Million
Solux Co. Ltd
KQ:290690
 		$91.09 Million
The Pinkfong Company
KQ:403850
 		$91.15 Million
AFC Energy plc
PINK:AFGYF
 		$91.15 Million
Anhui Sentai WPC Group Share Co. Ltd.
SHE:301429
 		$91.02 Million
QNB Corp
PINK:QNBC
 		$91.01 Million
Shun Tak Holdings Limited
PINK:SHTGF
 		$91.01 Million
Gmt Global Inc.
TWO:4573
 		$90.99 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 21,702,088,865 to 21,399,798,962, a change of -302,289,903 (-1.4%).
  • Net income of 1,387,952,773 contributed positively to equity growth.
  • Dividend payments of 1,532,496,700 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,371,700,806.
  • Other factors increased equity by 1,213,954,830.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿1.39 Billion +6.49%
Dividends Paid ฿1.53 Billion -7.16%
Other Comprehensive Income ฿-1.37 Billion -6.41%
Other Changes ฿1.21 Billion +5.67%
Total Change ฿- -1.39%

Book Value vs Market Value Analysis

This analysis compares Thai Stanley Electric 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: 0.71x
  • 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 3.37x to 0.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-03-31 ฿58.62 ฿197.50 x
2004-03-31 ฿74.47 ฿197.50 x
2005-03-31 ฿46.41 ฿197.50 x
2006-03-31 ฿56.53 ฿197.50 x
2007-03-31 ฿66.98 ฿197.50 x
2008-03-31 ฿79.07 ฿197.50 x
2009-03-31 ฿88.20 ฿197.50 x
2010-03-31 ฿94.77 ฿197.50 x
2011-03-31 ฿107.54 ฿197.50 x
2012-03-31 ฿110.88 ฿197.50 x
2013-03-31 ฿128.70 ฿197.50 x
2014-03-31 ฿141.36 ฿197.50 x
2015-03-31 ฿150.59 ฿197.50 x
2016-03-31 ฿163.24 ฿197.50 x
2017-03-31 ฿174.11 ฿197.50 x
2018-03-31 ฿189.64 ฿197.50 x
2019-03-31 ฿208.37 ฿197.50 x
2020-03-31 ฿226.06 ฿197.50 x
2021-03-31 ฿244.28 ฿197.50 x
2022-03-31 ฿261.36 ฿197.50 x
2023-03-31 ฿277.80 ฿197.50 x
2024-03-31 ฿283.22 ฿197.50 x
2025-03-31 ฿279.28 ฿197.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Thai Stanley Electric 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): 6.49%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.34%
  • • Asset Turnover: 0.51x
  • • Equity Multiplier: 1.12x
  • Recent ROE (6.49%) is below the historical average (14.92%), 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 18.07% 9.06% 1.34x 1.49x ฿151.06 Million
2003 21.51% 10.63% 1.32x 1.53x ฿258.55 Million
2004 26.78% 12.62% 1.50x 1.41x ฿478.71 Million
2004 26.78% 12.31% 1.54x 1.41x ฿478.71 Million
2005 24.39% 12.34% 1.49x 1.33x ฿511.62 Million
2006 24.62% 12.45% 1.54x 1.28x ฿633.61 Million
2007 22.44% 13.95% 1.27x 1.27x ฿638.38 Million
2008 21.39% 15.10% 1.14x 1.24x ฿690.17 Million
2009 16.40% 13.52% 1.09x 1.11x ฿432.77 Million
2010 13.18% 12.82% 0.88x 1.16x ฿231.26 Million
2011 17.33% 15.97% 0.91x 1.20x ฿603.67 Million
2012 8.55% 9.31% 0.78x 1.18x ฿-123.07 Million
2013 16.46% 14.32% 0.97x 1.19x ฿636.71 Million
2014 13.73% 14.49% 0.82x 1.15x ฿404.33 Million
2015 10.03% 12.16% 0.72x 1.15x ฿3.71 Million
2016 10.42% 12.21% 0.74x 1.15x ฿52.65 Million
2017 9.52% 11.53% 0.73x 1.14x ฿-63.38 Million
2018 11.41% 12.55% 0.78x 1.17x ฿205.52 Million
2019 12.39% 13.51% 0.76x 1.21x ฿381.11 Million
2020 11.53% 13.18% 0.74x 1.18x ฿265.32 Million
2021 5.67% 9.05% 0.54x 1.15x ฿-810.44 Million
2022 7.59% 11.20% 0.59x 1.15x ฿-481.87 Million
2023 8.20% 12.08% 0.59x 1.14x ฿-383.00 Million
2024 8.10% 12.22% 0.58x 1.14x ฿-413.29 Million
2025 6.49% 11.34% 0.51x 1.12x ฿-752.03 Million

Industry Comparison

This section compares Thai Stanley Electric Public Company Limited's net assets metrics with peer companies in the Auto Parts industry.

Industry Context

  • Industry: Auto Parts
  • Average net assets among peers: $1,824,130,983
  • Average return on equity (ROE) among peers: 5.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Thai Stanley Electric Public Company Limited (STANLY) ฿21.16 Billion 18.07% 0.12x $91.03 Million
AAPICO Hitech Public Company Limited (AH) $4.52 Billion 5.09% 1.05x $75.69 Million
CPR Gomu Industrial PCL (CPR) $475.50 Million 13.62% 0.18x $3.23 Million
Chai Watana Tannery Group Public Company Limited (CWT) $755.29 Million 3.98% 1.02x $8.58 Million
Fortune Parts Industry Public Company Limited (FPI) $1.33 Billion 15.39% 1.11x $17.95 Million
Goodyear (Thailand) Public Company Limited (GYT) $2.88 Billion 8.09% 0.26x $7.46 Million
Hwa Fong Rubber (Thailand) Public Company Limited (HFT) $1.19 Billion 0.00% 0.28x $37.35 Million
Interhides Public Company Limited (IHL) $1.64 Billion 3.49% 1.44x $6.94 Million
Ingress Industrial (Thailand) Public Company Limited (INGRS) $2.46 Billion -3.09% 0.68x $4.95 Million
Inoue Rubber (Thailand) Public Company Limited (IRC) $2.05 Billion 7.34% 0.80x $15.61 Million
N.D. Rubber Public Company Limited (NDR) $946.85 Million 0.86% 0.29x $8.48 Million