Sri Trang Gloves (Thailand) Public Company Limited
Sri Trang Gloves (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes rubber gloves in Asia, North America, South America, Europe, and internationally. It operates in two segments: Gloves and Other Businesses. The company offers latex powdered, latex powder-free, nitrile powder-free, and gamma ray sterile examination gloves under various brand names for … Read more
Sri Trang Gloves (Thailand) Public Company Limited (STGT) - Net Assets
Latest net assets as of December 2025: ฿4.33 Billion THB
Based on the latest financial reports, Sri Trang Gloves (Thailand) Public Company Limited (STGT) has net assets worth ฿4.33 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 (฿44.75 Billion) and total liabilities (฿40.41 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 | ฿4.33 Billion |
| % of Total Assets | 9.69% |
| Annual Growth Rate | -3.37% |
| 5-Year Change | -88.66% |
| 10-Year Change | -47.97% |
| Growth Volatility | 177.48 |
Sri Trang Gloves (Thailand) Public Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how Sri Trang Gloves (Thailand) 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 Gloves (Thailand) Public Company Limited (2013–2025)
The table below shows the annual net assets of Sri Trang Gloves (Thailand) Public Company Limited from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿4.33 Billion | -88.75% |
| 2024-12-31 | ฿38.52 Billion | +4.57% |
| 2023-12-31 | ฿36.84 Billion | +0.07% |
| 2022-12-31 | ฿36.81 Billion | -3.67% |
| 2021-12-31 | ฿38.21 Billion | +20.56% |
| 2020-12-31 | ฿31.70 Billion | +620.07% |
| 2019-12-31 | ฿4.40 Billion | +16.17% |
| 2018-12-31 | ฿3.79 Billion | +102.68% |
| 2017-12-31 | ฿1.87 Billion | -77.56% |
| 2016-12-31 | ฿8.33 Billion | +7.70% |
| 2015-12-31 | ฿7.73 Billion | +17.74% |
| 2014-12-31 | ฿6.57 Billion | +0.41% |
| 2013-12-31 | ฿6.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sri Trang Gloves (Thailand) 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 173.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿17.14 Billion | 395.48% |
| Total Equity | ฿4.33 Billion | 100.00% |
Sri Trang Gloves (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Sri Trang Gloves (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Coastal Insurance Corp
NASDAQ:ACIC
|
$250.00 Million |
|
SFA Engineering Corporation
KQ:056190
|
$250.00 Million |
|
Fastighetsbolaget Emilshus AB Pfd
ST:EMIL-PREF
|
$250.06 Million |
|
FineMark Holdings Inc
OTCQX:FNBT
|
$250.09 Million |
|
Simei Media Co Ltd
SHE:002712
|
$249.94 Million |
|
Heilongjiang Transport Development Co Ltd
SHG:601188
|
$249.94 Million |
|
Alpha HPA Limited
F:3AU
|
$249.91 Million |
|
Boston Pizza Royalties Income Fund
PINK:BPZZF
|
$249.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sri Trang Gloves (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,521,510,380 to 4,333,949,733, a change of -34,187,560,647 (-88.7%).
- Net loss of 108,586,685 reduced equity.
- Dividend payments of 1,432,585,140 reduced retained earnings.
- Share repurchases of 551,085,085 reduced equity.
- Other factors decreased equity by 32,095,303,737.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-108.59 Million | -2.51% |
| Dividends Paid | ฿1.43 Billion | -33.05% |
| Share Repurchases | ฿551.09 Million | -12.72% |
| Other Changes | ฿-32.10 Billion | -740.56% |
| Total Change | ฿- | -88.75% |
Book Value vs Market Value Analysis
This analysis compares Sri Trang Gloves (Thailand) 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: 6.15x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 4.23x to 6.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿2.26 | ฿9.55 | x |
| 2014-12-31 | ฿2.27 | ฿9.55 | x |
| 2015-12-31 | ฿2.71 | ฿9.55 | x |
| 2016-12-31 | ฿2.92 | ฿9.55 | x |
| 2017-12-31 | ฿0.66 | ฿9.55 | x |
| 2018-12-31 | ฿0.85 | ฿9.55 | x |
| 2019-12-31 | ฿1.54 | ฿9.55 | x |
| 2020-12-31 | ฿13.06 | ฿9.55 | x |
| 2021-12-31 | ฿13.36 | ฿9.55 | x |
| 2022-12-31 | ฿12.85 | ฿9.55 | x |
| 2023-12-31 | ฿12.86 | ฿9.55 | x |
| 2024-12-31 | ฿13.44 | ฿9.55 | x |
| 2025-12-31 | ฿1.55 | ฿9.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sri Trang Gloves (Thailand) 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): -2.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.45%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 10.32x
- Recent ROE (-2.51%) is below the historical average (18.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 15.27% | 10.25% | 1.29x | 1.16x | ฿340.20 Million |
| 2014 | 15.83% | 9.49% | 1.44x | 1.16x | ฿377.56 Million |
| 2015 | 16.01% | 12.20% | 1.17x | 1.12x | ฿465.18 Million |
| 2016 | 7.14% | 6.55% | 0.99x | 1.11x | ฿-238.13 Million |
| 2017 | 15.98% | 2.67% | 1.67x | 3.58x | ฿112.39 Million |
| 2018 | 43.32% | 9.58% | 1.03x | 4.38x | ฿809.98 Million |
| 2019 | 14.41% | 5.29% | 0.91x | 3.00x | ฿194.09 Million |
| 2020 | 45.43% | 47.36% | 0.70x | 1.37x | ฿11.23 Billion |
| 2021 | 62.03% | 49.85% | 0.93x | 1.34x | ฿19.88 Billion |
| 2022 | 4.49% | 7.09% | 0.48x | 1.32x | ฿-2.03 Billion |
| 2023 | 0.41% | 0.78% | 0.42x | 1.26x | ฿-3.53 Billion |
| 2024 | 2.58% | 3.98% | 0.51x | 1.27x | ฿-2.86 Billion |
| 2025 | -2.51% | -0.45% | 0.53x | 10.32x | ฿-541.98 Million |
Industry Comparison
This section compares Sri Trang Gloves (Thailand) 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 Gloves (Thailand) Public Company Limited (STGT) | ฿4.33 Billion | 15.27% | 9.32x | $249.95 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 |