Saha-Union Public Company Limited
Saha-Union Public Company Limited, together with its subsidiaries, engages in plastic, rubber and metal, chemicals, trading, energy, hotel, investment, and other businesses. It also manufactures and distributes rubber, finished elastic products, elastic products, plastic products, vacuum bottles, and stainless-steel kitchenware; manufactures and repairs molds; and provides dormitory rental servic… Read more
Saha-Union Public Company Limited (SUC) - Net Assets
Latest net assets as of September 2025: ฿25.64 Billion THB
Based on the latest financial reports, Saha-Union Public Company Limited (SUC) has net assets worth ฿25.64 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿28.04 Billion) and total liabilities (฿2.41 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 | ฿25.64 Billion |
| % of Total Assets | 91.42% |
| Annual Growth Rate | 3.42% |
| 5-Year Change | 10.72% |
| 10-Year Change | 24.6% |
| Growth Volatility | 4.66 |
Saha-Union Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Saha-Union 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 Saha-Union Public Company Limited (2000–2024)
The table below shows the annual net assets of Saha-Union Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿25.28 Billion | +2.94% |
| 2023-12-31 | ฿24.56 Billion | +1.96% |
| 2022-12-31 | ฿24.09 Billion | +0.68% |
| 2021-12-31 | ฿23.92 Billion | +4.78% |
| 2020-12-31 | ฿22.83 Billion | +3.43% |
| 2019-12-31 | ฿22.08 Billion | -1.32% |
| 2018-12-31 | ฿22.37 Billion | +3.04% |
| 2017-12-31 | ฿21.71 Billion | +3.65% |
| 2016-12-31 | ฿20.95 Billion | +3.24% |
| 2015-12-31 | ฿20.29 Billion | +5.05% |
| 2014-12-31 | ฿19.31 Billion | +2.47% |
| 2013-12-31 | ฿18.85 Billion | +7.23% |
| 2012-12-31 | ฿17.58 Billion | +3.98% |
| 2011-12-31 | ฿16.90 Billion | +6.44% |
| 2010-12-31 | ฿15.88 Billion | +7.37% |
| 2009-12-31 | ฿14.79 Billion | -10.32% |
| 2008-12-31 | ฿16.49 Billion | +8.78% |
| 2007-12-31 | ฿15.16 Billion | +2.39% |
| 2006-12-31 | ฿14.81 Billion | -0.93% |
| 2005-12-31 | ฿14.95 Billion | +7.20% |
| 2004-12-31 | ฿13.94 Billion | -2.22% |
| 2003-12-31 | ฿14.26 Billion | +0.57% |
| 2002-12-31 | ฿14.18 Billion | +11.63% |
| 2001-12-31 | ฿12.70 Billion | +12.59% |
| 2000-12-31 | ฿11.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Saha-Union 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 263.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿16.76 Billion | 71.28% |
| Common Stock | ฿3.00 Billion | 12.76% |
| Other Comprehensive Income | ฿1.51 Billion | 6.41% |
| Other Components | ฿2.25 Billion | 9.55% |
| Total Equity | ฿23.52 Billion | 100.00% |
Saha-Union Public Company Limited Competitors by Market Cap
The table below lists competitors of Saha-Union Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Landscaping Group AB (publ)
ST:GREEN
|
$114.86 Million |
|
Giantplus Technology Co Ltd
TW:8105
|
$114.87 Million |
|
First Northern Community Bancorp
OTCQX:FNRN
|
$114.87 Million |
|
Pulmuone Holdi
KO:017810
|
$114.87 Million |
|
MultiPlan Corporation
NYSE:MPLN
|
$114.82 Million |
|
SCI Pharmtech Inc
TW:4119
|
$114.82 Million |
|
Fabasoft AG
PINK:FBSFF
|
$114.81 Million |
|
Photocure
OL:PHO
|
$114.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saha-Union Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,848,775,994 to 23,519,094,484, a change of 670,318,490 (2.9%).
- Net income of 1,544,907,751 contributed positively to equity growth.
- Dividend payments of 436,179,009 reduced retained earnings.
- Other comprehensive income increased equity by 1,224,315,595.
- Other factors decreased equity by 1,662,725,847.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.54 Billion | +6.57% |
| Dividends Paid | ฿436.18 Million | -1.85% |
| Other Comprehensive Income | ฿1.22 Billion | +5.21% |
| Other Changes | ฿-1.66 Billion | -7.07% |
| Total Change | ฿- | 2.93% |
Book Value vs Market Value Analysis
This analysis compares Saha-Union 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: 0.36x
- 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 0.66x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | ฿44.43 | ฿29.25 | x |
| 2002-12-31 | ฿44.59 | ฿29.25 | x |
| 2003-12-31 | ฿45.26 | ฿29.25 | x |
| 2004-12-31 | ฿43.08 | ฿29.25 | x |
| 2005-12-31 | ฿46.77 | ฿29.25 | x |
| 2006-12-31 | ฿46.64 | ฿29.25 | x |
| 2007-12-31 | ฿46.89 | ฿29.25 | x |
| 2008-12-31 | ฿45.70 | ฿29.25 | x |
| 2009-12-31 | ฿46.49 | ฿29.25 | x |
| 2010-12-31 | ฿49.69 | ฿29.25 | x |
| 2011-12-31 | ฿53.14 | ฿29.25 | x |
| 2012-12-31 | ฿55.70 | ฿29.25 | x |
| 2013-12-31 | ฿59.95 | ฿29.25 | x |
| 2014-12-31 | ฿61.33 | ฿29.25 | x |
| 2015-12-31 | ฿63.76 | ฿29.25 | x |
| 2016-12-31 | ฿65.76 | ฿29.25 | x |
| 2017-12-31 | ฿68.55 | ฿29.25 | x |
| 2018-12-31 | ฿70.62 | ฿29.25 | x |
| 2019-12-31 | ฿69.96 | ฿29.25 | x |
| 2020-12-31 | ฿72.47 | ฿29.25 | x |
| 2021-12-31 | ฿75.95 | ฿29.25 | x |
| 2022-12-31 | ฿76.92 | ฿29.25 | x |
| 2023-12-31 | ฿78.58 | ฿29.25 | x |
| 2024-12-31 | ฿80.88 | ฿29.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saha-Union 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): 6.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.18%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.18x
- Recent ROE (6.57%) is above the historical average (6.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 8.36% | 5.25% | 1.04x | 1.53x | ฿-188.01 Million |
| 2002 | 7.42% | 5.38% | 0.97x | 1.42x | ฿-334.41 Million |
| 2003 | 7.84% | 5.69% | 0.91x | 1.51x | ฿-285.12 Million |
| 2004 | 3.40% | 2.41% | 0.85x | 1.66x | ฿-825.45 Million |
| 2005 | 6.31% | 4.61% | 0.91x | 1.51x | ฿-499.90 Million |
| 2006 | 8.88% | 6.36% | 0.95x | 1.48x | ฿-151.61 Million |
| 2007 | 4.06% | 3.40% | 0.81x | 1.47x | ฿-808.23 Million |
| 2008 | 2.12% | 2.14% | 0.67x | 1.48x | ฿-1.04 Billion |
| 2009 | 7.29% | 10.52% | 0.49x | 1.40x | ฿-365.95 Million |
| 2010 | 12.66% | 17.98% | 0.53x | 1.32x | ฿382.88 Million |
| 2011 | 4.79% | 8.43% | 0.40x | 1.43x | ฿-802.75 Million |
| 2012 | 7.61% | 13.17% | 0.40x | 1.44x | ฿-385.88 Million |
| 2013 | 5.40% | 9.97% | 0.44x | 1.24x | ฿-800.01 Million |
| 2014 | 5.64% | 10.36% | 0.44x | 1.24x | ฿-775.04 Million |
| 2015 | 4.96% | 9.07% | 0.43x | 1.28x | ฿-931.72 Million |
| 2016 | 6.94% | 12.09% | 0.46x | 1.26x | ฿-583.91 Million |
| 2017 | 6.76% | 12.57% | 0.42x | 1.28x | ฿-643.74 Million |
| 2018 | 7.24% | 13.52% | 0.42x | 1.26x | ฿-566.09 Million |
| 2019 | 5.48% | 10.95% | 0.40x | 1.24x | ฿-917.87 Million |
| 2020 | 4.01% | 9.68% | 0.34x | 1.22x | ฿-1.26 Billion |
| 2021 | 2.72% | 7.19% | 0.32x | 1.20x | ฿-1.61 Billion |
| 2022 | 4.86% | 11.67% | 0.35x | 1.17x | ฿-1.15 Billion |
| 2023 | 5.22% | 13.07% | 0.34x | 1.17x | ฿-1.09 Billion |
| 2024 | 6.57% | 17.18% | 0.33x | 1.18x | ฿-807.00 Million |
Industry Comparison
This section compares Saha-Union Public Company Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $15,891,015,008
- Average return on equity (ROE) among peers: 3.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saha-Union Public Company Limited (SUC) | ฿25.64 Billion | 8.36% | 0.09x | $114.86 Million |
| Advanced Connection Corporation Public Company Limited (ACC) | $706.46 Million | 8.21% | 0.17x | $17.25 Million |
| Berli Jucker PCL (BJC) | $126.20 Billion | 3.17% | 1.67x | $316.94 Million |
| Eastern Technical Engineering Public Company Limited (ETE) | $58.10 Million | 13.78% | 9.72x | $4.01 Million |
| Forth Corporation Public Company Limited (FORTH) | $2.72 Billion | 9.98% | 2.00x | $62.80 Million |
| Loxley Public Company Limited (LOXLEY) | $4.26 Billion | 14.55% | 1.12x | $56.12 Million |
| MBK Public Company Limited (MBK) | $7.29 Billion | 11.11% | 1.05x | $228.06 Million |
| Precise Corporation Public Company Limited (PCC) | $643.50 Million | 8.95% | 0.95x | $48.96 Million |
| Rabbit Holdings PCL (RABBIT) | $310.77 Million | -34.85% | 5.65x | $29.29 Million |
| Siamraj Public Company Limited (SR) | $827.66 Million | -7.80% | 2.26x | $1.86 Million |