STC Concrete Product Public Company Limited
STC Concrete Product Public Company Limited engages in the manufacture and distribution of precast concrete products in Thailand. It offers ready-mixed concrete, concrete drainage pipe, precast concrete floor panels, prestressed concrete piles, and prefabricated fence panels, as well as moisture-resistant lightweight bricks under the STC CONCRETE trademark. The company was founded in 1988 and is … Read more
STC Concrete Product Public Company Limited (STC) - Net Assets
Latest net assets as of September 2025: ฿364.88 Million THB
Based on the latest financial reports, STC Concrete Product Public Company Limited (STC) has net assets worth ฿364.88 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿789.24 Million) and total liabilities (฿424.36 Million). 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 | ฿364.88 Million |
| % of Total Assets | 46.23% |
| Annual Growth Rate | 3.73% |
| 5-Year Change | 0.72% |
| 10-Year Change | N/A |
| Growth Volatility | 17.39 |
STC Concrete Product Public Company Limited - Net Assets Trend (2015–2024)
This chart illustrates how STC Concrete Product 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 STC Concrete Product Public Company Limited (2015–2024)
The table below shows the annual net assets of STC Concrete Product Public Company Limited from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿380.44 Million | +3.87% |
| 2023-12-31 | ฿366.28 Million | -1.25% |
| 2022-12-31 | ฿370.91 Million | -0.20% |
| 2021-12-31 | ฿371.64 Million | -1.61% |
| 2020-12-31 | ฿377.72 Million | -11.70% |
| 2019-12-31 | ฿427.75 Million | +52.45% |
| 2018-12-31 | ฿280.58 Million | +1.40% |
| 2017-12-31 | ฿276.72 Million | +4.38% |
| 2016-12-31 | ฿265.10 Million | -3.14% |
| 2015-12-31 | ฿273.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to STC Concrete Product 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 29.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿30.33 Million | 7.97% |
| Other Components | ฿350.12 Million | 92.03% |
| Total Equity | ฿380.44 Million | 100.00% |
STC Concrete Product Public Company Limited Competitors by Market Cap
The table below lists competitors of STC Concrete Product Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Buhler Industries Inc
PINK:BIIAF
|
$1.51 Million |
|
Umbra Companies Inc
PINK:UCIX
|
$1.51 Million |
|
ISC Fresh Water Investment SOCIMI SA
MC:YISC
|
$1.51 Million |
|
Noratis AG
XETRA:NUVA
|
$1.51 Million |
|
SOFTMATIC (SFP1.SG)
STU:SFP1
|
$1.50 Million |
|
AVERY DENNISON - Dusseldorf Stock Exchang
DU:AV3
|
$1.50 Million |
|
STEEL DYNAMICS (SD5.SG)
STU:SD5
|
$1.50 Million |
|
BABCOCK & WILCOX
BE:4BW
|
$1.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in STC Concrete Product Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 366,284,828 to 380,442,775, a change of 14,157,947 (3.9%).
- Net income of 14,157,947 contributed positively to equity growth.
- Other comprehensive income decreased equity by 9,736,319.
- Other factors increased equity by 9,736,319.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿14.16 Million | +3.72% |
| Other Comprehensive Income | ฿-9.74 Million | -2.56% |
| Other Changes | ฿9.74 Million | +2.56% |
| Total Change | ฿- | 3.87% |
Book Value vs Market Value Analysis
This analysis compares STC Concrete Product 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: 0.61x
- 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 0.85x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | ฿0.48 | ฿0.41 | x |
| 2016-12-31 | ฿0.47 | ฿0.41 | x |
| 2017-12-31 | ฿0.49 | ฿0.41 | x |
| 2018-12-31 | ฿0.49 | ฿0.41 | x |
| 2019-12-31 | ฿0.75 | ฿0.41 | x |
| 2020-12-31 | ฿0.66 | ฿0.41 | x |
| 2021-12-31 | ฿0.65 | ฿0.41 | x |
| 2022-12-31 | ฿0.65 | ฿0.41 | x |
| 2023-12-31 | ฿0.64 | ฿0.41 | x |
| 2024-12-31 | ฿0.67 | ฿0.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently STC Concrete Product 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): 3.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.54%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.17x
- Recent ROE (3.72%) is below the historical average (5.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 16.59% | 12.18% | 0.82x | 1.66x | ฿18.04 Million |
| 2016 | 5.66% | 4.10% | 0.79x | 1.74x | ฿-11.52 Million |
| 2017 | 5.61% | 4.17% | 0.76x | 1.77x | ฿-12.14 Million |
| 2018 | 5.49% | 4.06% | 0.69x | 1.97x | ฿-12.65 Million |
| 2019 | 6.02% | 6.13% | 0.70x | 1.40x | ฿-17.00 Million |
| 2020 | 3.89% | 3.50% | 0.73x | 1.51x | ฿-23.07 Million |
| 2021 | 0.81% | 0.72% | 0.71x | 1.58x | ฿-34.16 Million |
| 2022 | 0.36% | 0.31% | 0.64x | 1.82x | ฿-35.76 Million |
| 2023 | 2.62% | 1.79% | 0.67x | 2.17x | ฿-27.05 Million |
| 2024 | 3.72% | 2.54% | 0.68x | 2.17x | ฿-23.89 Million |
Industry Comparison
This section compares STC Concrete Product Public Company Limited's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $2,930,863,504
- Average return on equity (ROE) among peers: 5.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| STC Concrete Product Public Company Limited (STC) | ฿364.88 Million | 16.59% | 1.16x | $1.51 Million |
| Chonburi Concrete Product Public Company Limited (CCP) | $1.46 Billion | -1.54% | 1.04x | $9.62 Million |
| CPanel PCL (CPANEL) | $453.90 Million | 14.97% | 0.51x | $3.90 Million |
| Dcon Products Public Company Limited (DCON) | $441.78 Million | 7.34% | 0.46x | $9.17 Million |
| General Engineering Public Company Limited (GEL) | $527.67 Million | -12.22% | 0.64x | $4.96 Million |
| SCG Decor PCL (SCGD) | $21.31 Billion | 1.54% | 0.95x | $61.51 Million |
| Southern Concrete Pile PCL (SCP) | $442.74 Million | 10.24% | 1.50x | $31.95 Million |
| Sirakorn PCL (SK) | $423.20 Million | 11.79% | 0.28x | $4.35 Million |
| Smart Concrete Public Company Limited (SMART) | $671.77 Million | 15.87% | 0.22x | $5.27 Million |
| STONE ONE PUBLIC COMPANY LIMITED (STX) | $643.44 Million | 5.91% | 0.18x | $3.55 Million |