Sky Tower Public Company Limited

BK:STOWER Thailand Steel
Market Cap
$2.76 Million
฿95.66 Million THB
Market Cap Rank
#35269 Global
#845 in Thailand
Share Price
฿0.02
Change (1 day)
+0.00%
52-Week Range
฿0.02 - ฿0.07
All Time High
฿2.50
Categories
Companies in Thailand Steel
About

Sky Tower Public Company Limited, together with its subsidiaries, provides infrastructure for electric power and telecom in Thailand and the Philippines. The company manufactures high-voltage transmission towers and substations steel structures, and telecommunication towers. It also engages in the production and distribution electricity poles, telecommunication poles, and electricity sub-stations… Read more

Sky Tower Public Company Limited (STOWER) - Net Assets

Latest net assets as of September 2025: ฿701.57 Million THB

Based on the latest financial reports, Sky Tower Public Company Limited (STOWER) has net assets worth ฿701.57 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 (฿874.15 Million) and total liabilities (฿172.57 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 ฿701.57 Million
% of Total Assets 80.26%
Annual Growth Rate 3.47%
5-Year Change 403.44%
10-Year Change -66.12%
Growth Volatility 97.55

Sky Tower Public Company Limited - Net Assets Trend (2010–2024)

This chart illustrates how Sky Tower 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 Sky Tower Public Company Limited (2010–2024)

The table below shows the annual net assets of Sky Tower Public Company Limited from 2010 to 2024.

Year Net Assets Change
2024-12-31 ฿755.80 Million -14.55%
2023-12-31 ฿884.51 Million -17.08%
2022-12-31 ฿1.07 Billion +72.79%
2021-12-31 ฿617.37 Million +311.23%
2020-12-31 ฿150.13 Million -68.37%
2019-12-31 ฿474.69 Million -67.84%
2018-12-31 ฿1.48 Billion -22.27%
2017-12-31 ฿1.90 Billion -11.60%
2016-12-31 ฿2.15 Billion -3.72%
2015-12-31 ฿2.23 Billion +172.36%
2014-12-31 ฿819.02 Million +30.39%
2013-12-31 ฿628.12 Million -8.48%
2012-12-31 ฿686.35 Million +50.64%
2011-12-31 ฿455.63 Million -2.78%
2010-12-31 ฿468.63 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sky Tower 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 4976.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components ฿3.14 Billion 408.87%
Total Equity ฿769.17 Million 100.00%

Sky Tower Public Company Limited Competitors by Market Cap

The table below lists competitors of Sky Tower Public Company Limited ranked by their market capitalization.

Company Market Cap
Avada Group Ltd
AU:AVD
 		$1.39 Million
Warisan TC Holdings Bhd
KLSE:5016
 		$1.39 Million
Centaurus Energy Inc
PINK:CTARF
 		$1.39 Million
WORK Medical Technology Group LTD Ordinary Shares
NASDAQ:WOK
 		$1.39 Million
Everlast Minerals Ltd.
AU:EV8
 		$1.39 Million
South HARZ Potash Ltd
AU:SHP
 		$1.39 Million
Khind Holdings Bhd
KLSE:7062
 		$1.39 Million
Winchester Energy Ltd
AU:WEL
 		$1.39 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 902,121,205 to 769,167,058, a change of -132,954,147 (-14.7%).
  • Net loss of 69,012,062 reduced equity.
  • Other comprehensive income increased equity by 768,496,313.
  • Other factors decreased equity by 832,438,399.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿-69.01 Million -8.97%
Other Comprehensive Income ฿768.50 Million +99.91%
Other Changes ฿-832.44 Million -108.23%
Total Change ฿- -14.74%

Book Value vs Market Value Analysis

This analysis compares Sky Tower 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: 0.12x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 ฿0.62 ฿0.02 x
2012-12-31 ฿0.76 ฿0.02 x
2013-12-31 ฿0.42 ฿0.02 x
2014-12-31 ฿0.34 ฿0.02 x
2015-12-31 ฿0.95 ฿0.02 x
2016-12-31 ฿0.92 ฿0.02 x
2017-12-31 ฿0.83 ฿0.02 x
2018-12-31 ฿0.74 ฿0.02 x
2019-12-31 ฿0.24 ฿0.02 x
2020-12-31 ฿0.08 ฿0.02 x
2021-12-31 ฿0.28 ฿0.02 x
2022-12-31 ฿0.29 ฿0.02 x
2023-12-31 ฿0.24 ฿0.02 x
2024-12-31 ฿0.16 ฿0.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sky Tower 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): -8.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -18.62%
  • • Asset Turnover: 0.40x
  • • Equity Multiplier: 1.20x
  • Recent ROE (-8.97%) is above the historical average (-21.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 6.79% 5.15% 0.79x 1.66x ฿-14.63 Million
2012 3.20% 3.99% 0.52x 1.54x ฿-46.65 Million
2013 -9.58% -8.68% 0.63x 1.74x ฿-122.99 Million
2014 5.39% 6.54% 0.49x 1.70x ฿-37.75 Million
2015 0.60% 2.14% 0.20x 1.37x ฿-200.83 Million
2016 -1.71% -3.22% 0.31x 1.74x ฿-242.80 Million
2017 -13.54% -18.99% 0.37x 1.92x ฿-436.30 Million
2018 -26.66% -26.58% 0.48x 2.10x ฿-536.48 Million
2019 -170.15% -73.92% 0.48x 4.76x ฿-870.71 Million
2020 -51.01% -19.94% 0.63x 4.09x ฿-101.30 Million
2021 -7.97% -39.01% 0.15x 1.34x ฿-114.05 Million
2022 -10.00% -31.69% 0.28x 1.14x ฿-214.87 Million
2023 -22.83% -118.86% 0.15x 1.27x ฿-296.17 Million
2024 -8.97% -18.62% 0.40x 1.20x ฿-145.93 Million

Industry Comparison

This section compares Sky Tower Public Company Limited's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $3,659,793,554
  • Average return on equity (ROE) among peers: 2.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sky Tower Public Company Limited (STOWER) ฿701.57 Million 6.79% 0.25x $1.39 Million
2S Metal Public Company Limited (2S) $1.31 Billion 8.03% 0.41x $15.33 Million
Asia Metal Public Company Limited (AMC) $1.58 Billion 7.16% 1.61x $6.99 Million
Bangsaphan Barmill Public Company Limited (BSBM) $1.82 Billion -2.65% 0.07x $5.50 Million
Capital Engineering Network Public Company Limited (CEN) $2.42 Billion -0.89% 0.19x $5.45 Million
Chow Steel Industries Public Company Limited (CHOW) $520.72 Million 0.00% 4.33x $8.20 Million
CSP Steel Center Public Company Limited (CSP) $664.19 Million 10.03% 1.87x $950.75K
G J Steel Public Company Limited (GJS) $11.94 Billion -0.06% 0.49x $33.84 Million
POSCO-Thainox Public Company Limited (INOX) $10.76 Billion -5.72% 0.42x $11.41 Million
Lohakit Metal Public Company Limited (LHK) $1.64 Billion 5.32% 0.30x $15.23 Million
M.C.S. Steel Public Company Limited (MCS) $3.94 Billion 3.04% 0.72x $112.11 Million