Symphony Communication Public Company Limited (SYMC) - Net Assets
Based on the latest financial reports, Symphony Communication Public Company Limited (SYMC) has net assets worth ฿3.11 Billion THB (≈ $96.89 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿4.77 Billion ≈ $148.58 Million USD) and total liabilities (฿1.66 Billion ≈ $51.69 Million USD). 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. Check Symphony Communication Public Company Li tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿3.11 Billion |
| % of Total Assets | 65.21% |
| Annual Growth Rate | 21.99% |
| 5-Year Change | 25.43% |
| 10-Year Change | 135.34% |
| Growth Volatility | 58.64 |
Symphony Communication Public Company Limited - Net Assets Trend (2007–2024)
This chart illustrates how Symphony Communication Public Company Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Symphony Communication Public Company Li to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Symphony Communication Public Company Limited (2007–2024)
The table below shows the annual net assets of Symphony Communication Public Company Limited from 2007 to 2024. For live valuation and market cap data, see SYMC market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.05 Billion ≈ $95.09 Million |
+4.89% |
| 2023-12-31 | ฿2.91 Billion ≈ $90.66 Million |
+8.35% |
| 2022-12-31 | ฿2.68 Billion ≈ $83.67 Million |
+5.51% |
| 2021-12-31 | ฿2.54 Billion ≈ $79.30 Million |
+4.60% |
| 2020-12-31 | ฿2.43 Billion ≈ $75.81 Million |
+3.19% |
| 2019-12-31 | ฿2.36 Billion ≈ $73.47 Million |
+1.63% |
| 2018-12-31 | ฿2.32 Billion ≈ $72.29 Million |
+2.99% |
| 2017-12-31 | ฿2.25 Billion ≈ $70.19 Million |
+60.85% |
| 2016-12-31 | ฿1.40 Billion ≈ $43.64 Million |
+7.99% |
| 2015-12-31 | ฿1.30 Billion ≈ $40.41 Million |
+0.39% |
| 2014-12-31 | ฿1.29 Billion ≈ $40.25 Million |
+1.58% |
| 2013-12-31 | ฿1.27 Billion ≈ $39.62 Million |
+7.02% |
| 2012-12-31 | ฿1.19 Billion ≈ $37.02 Million |
+6.77% |
| 2011-12-31 | ฿1.11 Billion ≈ $34.68 Million |
+0.04% |
| 2010-12-31 | ฿1.11 Billion ≈ $34.67 Million |
+215.96% |
| 2009-12-31 | ฿352.00 Million ≈ $10.97 Million |
+36.03% |
| 2008-12-31 | ฿258.76 Million ≈ $8.07 Million |
+149.02% |
| 2007-12-31 | ฿103.91 Million ≈ $3.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Symphony Communication 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 1473.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.16 Billion | 38.12% |
| Common Stock | ฿433.65 Million | 14.21% |
| Other Comprehensive Income | ฿43.37 Million | 1.42% |
| Other Components | ฿1.41 Billion | 46.24% |
| Total Equity | ฿3.05 Billion | 100.00% |
Symphony Communication Public Company Limited Competitors by Market Cap
The table below lists competitors of Symphony Communication Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Careium AB
ST:CARE
|
$65.97 Million |
|
GBM Resources Limited
AU:GBM
|
$65.99 Million |
|
Ariadne Australia Ltd
AU:ARA
|
$66.00 Million |
|
Cape EMS Berhad
KLSE:5311
|
$66.00 Million |
|
Artemis Hali As
IS:ARTMS
|
$65.94 Million |
|
Qilian International Holding Group Limited
NASDAQ:BGM
|
$65.93 Million |
|
Uniflex Technology Inc
TW:3321
|
$65.93 Million |
|
AB Science S.A
PA:AB
|
$65.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Symphony Communication Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,908,540,898 to 3,050,876,266, a change of 142,335,368 (4.9%).
- Net income of 205,601,197 contributed positively to equity growth.
- Dividend payments of 63,259,223 reduced retained earnings.
- Other comprehensive income decreased equity by 26,348,514.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿205.60 Million | +6.74% |
| Dividends Paid | ฿63.26 Million | -2.07% |
| Other Comprehensive Income | ฿-26.35 Million | -0.86% |
| Other Changes | ฿26.34 Million | +0.86% |
| Total Change | ฿- | 4.89% |
Book Value vs Market Value Analysis
This analysis compares Symphony Communication 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: 0.69x
- 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 1.17x to 0.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | ฿4.17 | ฿4.88 | x |
| 2010-12-31 | ฿4.40 | ฿4.88 | x |
| 2011-12-31 | ฿3.43 | ฿4.88 | x |
| 2012-12-31 | ฿3.65 | ฿4.88 | x |
| 2013-12-31 | ฿3.91 | ฿4.88 | x |
| 2014-12-31 | ฿3.97 | ฿4.88 | x |
| 2015-12-31 | ฿3.98 | ฿4.88 | x |
| 2016-12-31 | ฿4.30 | ฿4.88 | x |
| 2017-12-31 | ฿6.88 | ฿4.88 | x |
| 2018-12-31 | ฿5.35 | ฿4.88 | x |
| 2019-12-31 | ฿5.44 | ฿4.88 | x |
| 2020-12-31 | ฿5.61 | ฿4.88 | x |
| 2021-12-31 | ฿5.87 | ฿4.88 | x |
| 2022-12-31 | ฿6.19 | ฿4.88 | x |
| 2023-12-31 | ฿6.71 | ฿4.88 | x |
| 2024-12-31 | ฿7.04 | ฿4.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Symphony Communication 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): 6.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.10%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.47x
- Recent ROE (6.74%) is below the historical average (12.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 54.61% | 35.70% | 1.11x | 1.38x | ฿157.04 Million |
| 2010 | 17.83% | 34.73% | 0.45x | 1.13x | ฿87.09 Million |
| 2011 | 19.09% | 30.65% | 0.50x | 1.24x | ฿101.08 Million |
| 2012 | 19.72% | 28.99% | 0.53x | 1.27x | ฿115.47 Million |
| 2013 | 19.32% | 24.15% | 0.45x | 1.77x | ฿118.45 Million |
| 2014 | 14.07% | 14.32% | 0.41x | 2.40x | ฿52.57 Million |
| 2015 | 8.79% | 8.72% | 0.36x | 2.81x | ฿-15.74 Million |
| 2016 | 7.10% | 7.19% | 0.34x | 2.88x | ฿-40.64 Million |
| 2017 | -3.94% | -6.30% | 0.29x | 2.19x | ฿-313.85 Million |
| 2018 | 2.79% | 4.90% | 0.30x | 1.93x | ฿-167.13 Million |
| 2019 | 1.90% | 3.46% | 0.32x | 1.69x | ฿-191.01 Million |
| 2020 | 3.92% | 7.31% | 0.31x | 1.74x | ฿-148.00 Million |
| 2021 | 5.06% | 8.77% | 0.36x | 1.60x | ฿-125.76 Million |
| 2022 | 6.04% | 9.60% | 0.39x | 1.61x | ฿-106.36 Million |
| 2023 | 9.10% | 13.64% | 0.46x | 1.46x | ฿-26.23 Million |
| 2024 | 6.74% | 10.10% | 0.45x | 1.47x | ฿-99.49 Million |
Industry Comparison
This section compares Symphony Communication Public Company Limited's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $8,388,403,441
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Symphony Communication Public Company Limited (SYMC) | ฿3.11 Billion | 54.61% | 0.53x | $65.96 Million |
| Advanced Info Service Public Company Limited (ADVANC) | $46.86 Billion | 76.89% | 1.70x | $33.19 Billion |
| Forth Smart Service Public Company Limited (FSMART) | $1.02 Billion | 26.71% | 1.20x | $166.67 Million |
| Information and Communication Networks Public Company Limited (ICN) | $137.99 Million | 3.96% | 2.18x | $43.15 Million |
| Interlink Telecom Public Company Limited (ITEL) | $288.21 Million | -4.45% | 1.57x | $82.35 Million |
| Jasmine International Public Company Limited (JAS) | $6.66 Billion | 3.06% | 1.39x | $312.73 Million |
| Jasmine International Public Company Limited (JAS-R) | $4.96 Billion | -63.07% | 19.13x | $413.53 Million |
| Jasmine Telecom Systems Public Company Limited (JTS) | $1.25 Billion | -14.26% | 1.16x | $805.82 Million |
| Samart Telcoms Public Company Limited (SAMTEL) | $3.68 Billion | 9.55% | 1.43x | $59.71 Million |
| True Corporation Public Company Limited (TRUE) | $10.64 Billion | 11.53% | 9.94x | $14.86 Billion |
About Symphony Communication Public Company Limited
Symphony Communication Public Company Limited provides circuit communication services in Thailand, Southeast Asian countries, and internationally. The company offers domestic and international network connectivity services; Internet services, including direct internet, SME broadband internet, internet exchange, and IP transit services; data center services; and cloud services comprising cloud inf… Read more