Stonehenge Inter Public Company Limited
Stonehenge Inter Public Company Limited, together with its subsidiaries, provides consulting and construction management services in Thailand. The company operates through two segments: Consulting and Management Services; and Design of Architectural, Engineering Services, and Other Services. Stonehenge Inter Public Company Limited was founded in 2004 and is headquartered in Bangkok, Thailand.
Stonehenge Inter Public Company Limited (STI) - Net Assets
Latest net assets as of December 2025: ฿997.97 Million THB
Based on the latest financial reports, Stonehenge Inter Public Company Limited (STI) has net assets worth ฿997.97 Million THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.99 Billion) and total liabilities (฿992.10 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 | ฿997.97 Million |
| % of Total Assets | 50.15% |
| Annual Growth Rate | 25.61% |
| 5-Year Change | 9.97% |
| 10-Year Change | 574.42% |
| Growth Volatility | 73.49 |
Stonehenge Inter Public Company Limited - Net Assets Trend (2014–2025)
This chart illustrates how Stonehenge Inter 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 Stonehenge Inter Public Company Limited (2014–2025)
The table below shows the annual net assets of Stonehenge Inter Public Company Limited from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿992.50 Million | -1.00% |
| 2024-12-31 | ฿1.00 Billion | -1.20% |
| 2023-12-31 | ฿1.01 Billion | -1.95% |
| 2022-12-31 | ฿1.03 Billion | +14.67% |
| 2021-12-31 | ฿902.53 Million | +5.90% |
| 2020-12-31 | ฿852.24 Million | +36.34% |
| 2019-12-31 | ฿625.08 Million | +9.24% |
| 2018-12-31 | ฿572.19 Million | +264.64% |
| 2017-12-31 | ฿156.92 Million | +6.63% |
| 2016-12-31 | ฿147.16 Million | +33.19% |
| 2015-12-31 | ฿110.49 Million | +36.75% |
| 2014-12-31 | ฿80.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stonehenge Inter 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 94.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿141.71 Million | 16.56% |
| Other Components | ฿714.07 Million | 83.44% |
| Total Equity | ฿855.78 Million | 100.00% |
Stonehenge Inter Public Company Limited Competitors by Market Cap
The table below lists competitors of Stonehenge Inter Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asiamet Resources Ltd
PINK:KMGLF
|
$5.78 Million |
|
The Vitec Group plc
PINK:VTEPF
|
$5.78 Million |
|
Aspinwall and Company Limited
NSE:ASPINWALL
|
$5.78 Million |
|
StrikePoint Gold Inc
OTCQB:STKXF
|
$5.79 Million |
|
Webstar Technology Group Inc
PINK:WBSR
|
$5.78 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
$5.77 Million |
|
Big Rock Brewery Inc
PINK:BRBMF
|
$5.77 Million |
|
Tae Won Mulsan
KO:001420
|
$5.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stonehenge Inter Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 859,311,024 to 855,778,183, a change of -3,532,841 (-0.4%).
- Net income of 40,368,878 contributed positively to equity growth.
- Dividend payments of 36,147,379 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿40.37 Million | +4.72% |
| Dividends Paid | ฿36.15 Million | -4.22% |
| Other Changes | ฿-7.75 Million | -0.91% |
| Total Change | ฿- | -0.41% |
Book Value vs Market Value Analysis
This analysis compares Stonehenge Inter 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: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.51x to 1.22x 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 | ฿0.18 | ฿1.73 | x |
| 2016-12-31 | ฿0.24 | ฿1.73 | x |
| 2017-12-31 | ฿0.26 | ฿1.73 | x |
| 2018-12-31 | ฿1.25 | ฿1.73 | x |
| 2019-12-31 | ฿1.04 | ฿1.73 | x |
| 2020-12-31 | ฿1.18 | ฿1.73 | x |
| 2021-12-31 | ฿1.26 | ฿1.73 | x |
| 2022-12-31 | ฿1.47 | ฿1.73 | x |
| 2023-12-31 | ฿1.44 | ฿1.73 | x |
| 2024-12-31 | ฿1.43 | ฿1.73 | x |
| 2025-12-31 | ฿1.42 | ฿1.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stonehenge Inter 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): 4.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.97%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.43x
- Recent ROE (4.72%) is below the historical average (21.12%), 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 | 50.02% | 11.89% | 2.15x | 1.96x | ฿43.91 Million |
| 2016 | 38.56% | 12.01% | 1.87x | 1.72x | ฿42.07 Million |
| 2017 | 36.57% | 11.60% | 1.87x | 1.69x | ฿41.70 Million |
| 2018 | 12.76% | 11.57% | 0.88x | 1.25x | ฿15.81 Million |
| 2019 | 13.68% | 12.00% | 0.91x | 1.26x | ฿22.99 Million |
| 2020 | 20.94% | 9.50% | 0.85x | 2.61x | ฿77.95 Million |
| 2021 | 19.08% | 8.34% | 0.89x | 2.57x | ฿68.75 Million |
| 2022 | 16.45% | 8.38% | 0.81x | 2.42x | ฿57.09 Million |
| 2023 | 13.02% | 6.73% | 0.77x | 2.53x | ฿26.22 Million |
| 2024 | 6.46% | 3.70% | 0.69x | 2.52x | ฿-30.42 Million |
| 2025 | 4.72% | 2.97% | 0.65x | 2.43x | ฿-45.21 Million |
Industry Comparison
This section compares Stonehenge Inter Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,635,753,561
- Average return on equity (ROE) among peers: 5.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stonehenge Inter Public Company Limited (STI) | ฿997.97 Million | 50.02% | 0.99x | $5.78 Million |
| AMR Asia Public Company Limited (AMR) | $885.39 Million | -12.37% | 0.82x | $2.67 Million |
| Asia Precision Public Company Limited (APCS) | $809.04 Million | -8.74% | 0.50x | $12.58 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $77.07 Million | 19.04% | 2.60x | $4.97 Million |
| Civil Engineering PCL (CIVIL) | $772.10 Million | 24.95% | 7.45x | $4.32 Million |
| CH. Karnchang PCL (CK) | $25.83 Billion | 9.66% | 2.23x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $4.32 Billion | 6.60% | 2.55x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.24 Billion | 0.31% | 1.70x | $8.20 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $356.04 Million | -4.00% | 2.34x | $1.70 Million |
| Demco Public Company Limited (DEMCO) | $1.05 Billion | 8.50% | 0.87x | $19.24 Million |
| EMC Public Company Limited (EMC) | $1.02 Billion | 9.69% | 0.99x | $3.14 Million |