Sherwood Corporation (Thailand) Public Company Limited
Sherwood Corporation (Thailand) Public Company Limited, together with its subsidiaries, manufactures and supplies household chemical products in Thailand and internationally. The company offers insecticide, wood preservative, cleaning, industrial, public health, agrochemical, and pet care products under the Chaindrite, Teepol, Mos Away, Stedfast, Vapona, Biforce, Fipforce, Imiforce, and Chaingard… Read more
Sherwood Corporation (Thailand) Public Company Limited (SWC) - Net Assets
Latest net assets as of December 2025: ฿804.62 Million THB
Based on the latest financial reports, Sherwood Corporation (Thailand) Public Company Limited (SWC) has net assets worth ฿804.62 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 (฿1.36 Billion) and total liabilities (฿553.13 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 | ฿804.62 Million |
| % of Total Assets | 59.26% |
| Annual Growth Rate | 5.07% |
| 5-Year Change | 12.72% |
| 10-Year Change | 12.21% |
| Growth Volatility | 8.78 |
Sherwood Corporation (Thailand) Public Company Limited - Net Assets Trend (2004–2025)
This chart illustrates how Sherwood Corporation (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 Sherwood Corporation (Thailand) Public Company Limited (2004–2025)
The table below shows the annual net assets of Sherwood Corporation (Thailand) Public Company Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿804.62 Million | +3.75% |
| 2024-12-31 | ฿775.55 Million | +17.10% |
| 2023-12-31 | ฿662.30 Million | -7.94% |
| 2022-12-31 | ฿719.42 Million | +0.78% |
| 2021-12-31 | ฿713.85 Million | +7.27% |
| 2020-12-31 | ฿665.49 Million | -5.37% |
| 2019-12-31 | ฿703.22 Million | +9.58% |
| 2018-12-31 | ฿641.75 Million | -22.60% |
| 2017-12-31 | ฿829.15 Million | +15.63% |
| 2016-12-31 | ฿717.10 Million | +14.01% |
| 2015-12-31 | ฿628.97 Million | +10.64% |
| 2014-12-31 | ฿568.50 Million | +4.27% |
| 2013-12-31 | ฿545.23 Million | +12.18% |
| 2012-12-31 | ฿486.03 Million | +8.09% |
| 2011-12-31 | ฿449.65 Million | +4.84% |
| 2010-12-31 | ฿428.88 Million | +7.23% |
| 2009-12-31 | ฿399.97 Million | +13.75% |
| 2008-12-31 | ฿351.62 Million | +4.22% |
| 2007-12-31 | ฿337.39 Million | +9.80% |
| 2006-12-31 | ฿307.28 Million | +4.37% |
| 2005-12-31 | ฿294.40 Million | +3.43% |
| 2004-12-31 | ฿284.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sherwood Corporation (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 653.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿354.72 Million | 45.18% |
| Other Components | ฿430.43 Million | 54.82% |
| Total Equity | ฿785.14 Million | 100.00% |
Sherwood Corporation (Thailand) Public Company Limited Competitors by Market Cap
The table below lists competitors of Sherwood Corporation (Thailand) Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PACT GROUP HLDGS
F:27P
|
$9.92 Million |
|
Dierig Holding AG
XETRA:DIE
|
$9.92 Million |
|
Kirana Megatara Tbk PT
JK:KMTR
|
$9.92 Million |
|
Koonenberry Gold Ltd
AU:KNB
|
$9.93 Million |
|
Ovaro Kiinteistosijoitus Oyj
HE:OVARO
|
$9.90 Million |
|
SONOKONG Co. Ltd
KQ:066910
|
$9.90 Million |
|
BTC Digital Ltd.
NASDAQ:BTCT
|
$9.90 Million |
|
Castillo Copper Ltd
AU:CCZ
|
$9.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sherwood Corporation (Thailand) Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 752,927,132 to 785,141,366, a change of 32,214,234 (4.3%).
- Net income of 161,014,804 contributed positively to equity growth.
- Dividend payments of 124,390,362 reduced retained earnings.
- Other comprehensive income decreased equity by 25,766,965.
- Other factors increased equity by 21,356,757.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿161.01 Million | +20.51% |
| Dividends Paid | ฿124.39 Million | -15.84% |
| Other Comprehensive Income | ฿-25.77 Million | -3.28% |
| Other Changes | ฿21.36 Million | +2.72% |
| Total Change | ฿- | 4.28% |
Book Value vs Market Value Analysis
This analysis compares Sherwood Corporation (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: 2.81x
- 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 3.49x to 2.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | ฿1.27 | ฿4.42 | x |
| 2005-12-31 | ฿0.98 | ฿4.42 | x |
| 2006-12-31 | ฿1.04 | ฿4.42 | x |
| 2007-12-31 | ฿1.12 | ฿4.42 | x |
| 2008-12-31 | ฿1.16 | ฿4.42 | x |
| 2009-12-31 | ฿1.33 | ฿4.42 | x |
| 2010-12-31 | ฿1.43 | ฿4.42 | x |
| 2011-12-31 | ฿1.50 | ฿4.42 | x |
| 2012-12-31 | ฿1.63 | ฿4.42 | x |
| 2013-12-31 | ฿1.82 | ฿4.42 | x |
| 2014-12-31 | ฿1.90 | ฿4.42 | x |
| 2015-12-31 | ฿2.09 | ฿4.42 | x |
| 2016-12-31 | ฿2.37 | ฿4.42 | x |
| 2017-12-31 | ฿2.74 | ฿4.42 | x |
| 2018-12-31 | ฿2.11 | ฿4.42 | x |
| 2019-12-31 | ฿1.78 | ฿4.42 | x |
| 2020-12-31 | ฿1.49 | ฿4.42 | x |
| 2021-12-31 | ฿1.59 | ฿4.42 | x |
| 2022-12-31 | ฿1.32 | ฿4.42 | x |
| 2023-12-31 | ฿1.28 | ฿4.42 | x |
| 2024-12-31 | ฿1.51 | ฿4.42 | x |
| 2025-12-31 | ฿1.57 | ฿4.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sherwood Corporation (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): 20.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.27%
- • Asset Turnover: 1.28x
- • Equity Multiplier: 1.73x
- Recent ROE (20.51%) is above the historical average (17.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 22.13% | 11.88% | 1.19x | 1.57x | ฿34.53 Million |
| 2005 | 15.03% | 8.11% | 1.21x | 1.53x | ฿14.81 Million |
| 2006 | 13.47% | 6.92% | 1.27x | 1.53x | ฿10.65 Million |
| 2007 | 19.15% | 9.60% | 1.18x | 1.69x | ฿30.87 Million |
| 2008 | 14.71% | 6.92% | 1.35x | 1.57x | ฿16.57 Million |
| 2009 | 20.31% | 10.41% | 1.32x | 1.48x | ฿41.20 Million |
| 2010 | 17.93% | 9.26% | 1.35x | 1.43x | ฿33.98 Million |
| 2011 | 17.15% | 8.11% | 1.43x | 1.48x | ฿32.17 Million |
| 2012 | 19.90% | 9.15% | 1.56x | 1.39x | ฿48.40 Million |
| 2013 | 21.54% | 11.03% | 1.39x | 1.41x | ฿63.04 Million |
| 2014 | 15.42% | 7.65% | 1.51x | 1.34x | ฿30.89 Million |
| 2015 | 19.41% | 10.39% | 1.38x | 1.36x | ฿59.19 Million |
| 2016 | 21.77% | 12.54% | 1.31x | 1.32x | ฿83.75 Million |
| 2017 | 21.54% | 12.77% | 1.26x | 1.33x | ฿94.79 Million |
| 2018 | 29.34% | 11.43% | 1.72x | 1.49x | ฿122.38 Million |
| 2019 | 24.71% | 10.33% | 1.28x | 1.87x | ฿101.99 Million |
| 2020 | 10.39% | 5.22% | 1.14x | 1.74x | ฿2.55 Million |
| 2021 | 21.08% | 8.00% | 1.50x | 1.76x | ฿76.85 Million |
| 2022 | 3.42% | 1.40% | 1.33x | 1.84x | ฿-45.58 Million |
| 2023 | 8.75% | 3.27% | 1.49x | 1.79x | ฿-7.99 Million |
| 2024 | 15.85% | 7.08% | 1.49x | 1.51x | ฿44.08 Million |
| 2025 | 20.51% | 9.27% | 1.28x | 1.73x | ฿82.50 Million |
Industry Comparison
This section compares Sherwood Corporation (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 |
|---|---|---|---|---|
| Sherwood Corporation (Thailand) Public Company Limited (SWC) | ฿804.62 Million | 22.13% | 0.69x | $9.92 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 |