T.K.S. Technologies Public Company Limited
T.K.S. Technologies Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of business and continuous paper forms, securities printing products, and other printing and continuous labels in Thailand, Asia, and internationally. The company offers security, digital, education, label and packaging, government security, warehouse and fulfillment, card, and e-soluti… Read more
T.K.S. Technologies Public Company Limited (TKS) - Net Assets
Latest net assets as of September 2025: ฿3.37 Billion THB
Based on the latest financial reports, T.K.S. Technologies Public Company Limited (TKS) has net assets worth ฿3.37 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 (฿4.41 Billion) and total liabilities (฿1.04 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 | ฿3.37 Billion |
| % of Total Assets | 76.5% |
| Annual Growth Rate | 6.87% |
| 5-Year Change | 34.19% |
| 10-Year Change | 113.19% |
| Growth Volatility | 27.94 |
T.K.S. Technologies Public Company Limited - Net Assets Trend (2003–2024)
This chart illustrates how T.K.S. Technologies 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 T.K.S. Technologies Public Company Limited (2003–2024)
The table below shows the annual net assets of T.K.S. Technologies Public Company Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.39 Billion | -14.46% |
| 2023-12-31 | ฿3.96 Billion | -11.32% |
| 2022-12-31 | ฿4.47 Billion | -13.15% |
| 2021-12-31 | ฿5.14 Billion | +103.67% |
| 2020-12-31 | ฿2.52 Billion | +1.23% |
| 2019-12-31 | ฿2.49 Billion | -6.31% |
| 2018-12-31 | ฿2.66 Billion | +45.04% |
| 2017-12-31 | ฿1.84 Billion | +6.25% |
| 2016-12-31 | ฿1.73 Billion | +8.70% |
| 2015-12-31 | ฿1.59 Billion | -5.98% |
| 2014-12-31 | ฿1.69 Billion | +12.74% |
| 2013-12-31 | ฿1.50 Billion | +10.37% |
| 2012-12-31 | ฿1.36 Billion | +24.10% |
| 2011-12-31 | ฿1.09 Billion | +25.39% |
| 2010-12-31 | ฿872.85 Million | +17.56% |
| 2009-12-31 | ฿742.45 Million | -48.28% |
| 2008-12-31 | ฿1.44 Billion | +21.95% |
| 2007-12-31 | ฿1.18 Billion | +11.04% |
| 2006-12-31 | ฿1.06 Billion | +13.58% |
| 2005-12-31 | ฿933.30 Million | -1.30% |
| 2004-12-31 | ฿945.63 Million | +12.78% |
| 2003-12-31 | ฿838.45 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to T.K.S. Technologies 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 2047.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.65 Billion | 79.24% |
| Common Stock | ฿508.45 Million | 15.20% |
| Other Comprehensive Income | ฿153.49 Million | 4.59% |
| Other Components | ฿32.48 Million | 0.97% |
| Total Equity | ฿3.34 Billion | 100.00% |
T.K.S. Technologies Public Company Limited Competitors by Market Cap
The table below lists competitors of T.K.S. Technologies Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kyung Dong Pharmaceutical Co. Ltd
KQ:011040
|
$50.06 Million |
|
Tembo Global Industries Limited
NSE:TEMBO
|
$50.06 Million |
|
Saksiam Leasing Public Company Limited
BK:SAK
|
$50.08 Million |
|
Peter Warren Automotive Holdings Ltd
AU:PWR
|
$50.08 Million |
|
ImageneBio, Inc.
NASDAQ:IMA
|
$50.02 Million |
|
Cameo Communications Inc
TW:6142
|
$50.00 Million |
|
ReaLy Development & Construction
TWO:2596
|
$50.00 Million |
|
SOLTEC POWER HOLD. EO-25
F:5PZ
|
$49.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T.K.S. Technologies Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,933,523,937 to 3,344,606,733, a change of -588,917,204 (-15.0%).
- Net loss of 55,667,215 reduced equity.
- Dividend payments of 145,859,774 reduced retained earnings.
- Share repurchases of 102,649,040 reduced equity.
- Other comprehensive income increased equity by 578,950,952.
- Other factors decreased equity by 863,692,127.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-55.67 Million | -1.66% |
| Dividends Paid | ฿145.86 Million | -4.36% |
| Share Repurchases | ฿102.65 Million | -3.07% |
| Other Comprehensive Income | ฿578.95 Million | +17.31% |
| Other Changes | ฿-863.69 Million | -25.82% |
| Total Change | ฿- | -14.97% |
Book Value vs Market Value Analysis
This analysis compares T.K.S. Technologies 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: 0.95x
- 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 increased from 0.26x to 0.95x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿24.32 | ฿6.30 | x |
| 2007-12-31 | ฿2.70 | ฿6.30 | x |
| 2008-12-31 | ฿1.68 | ฿6.30 | x |
| 2009-12-31 | ฿1.83 | ฿6.30 | x |
| 2010-12-31 | ฿2.00 | ฿6.30 | x |
| 2011-12-31 | ฿2.60 | ฿6.30 | x |
| 2012-12-31 | ฿2.60 | ฿6.30 | x |
| 2013-12-31 | ฿3.44 | ฿6.30 | x |
| 2014-12-31 | ฿3.52 | ฿6.30 | x |
| 2015-12-31 | ฿3.64 | ฿6.30 | x |
| 2016-12-31 | ฿3.94 | ฿6.30 | x |
| 2017-12-31 | ฿4.21 | ฿6.30 | x |
| 2018-12-31 | ฿5.09 | ฿6.30 | x |
| 2019-12-31 | ฿4.86 | ฿6.30 | x |
| 2020-12-31 | ฿4.92 | ฿6.30 | x |
| 2021-12-31 | ฿10.09 | ฿6.30 | x |
| 2022-12-31 | ฿8.74 | ฿6.30 | x |
| 2023-12-31 | ฿7.74 | ฿6.30 | x |
| 2024-12-31 | ฿6.66 | ฿6.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T.K.S. Technologies 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): -1.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.67%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.33x
- Recent ROE (-1.66%) is below the historical average (13.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 10.33% | 1.00% | 2.49x | 4.16x | ฿2.04 Million |
| 2004 | 8.62% | 0.65% | 2.85x | 4.66x | ฿-8.61 Million |
| 2005 | 11.92% | 0.74% | 2.88x | 5.57x | ฿11.54 Million |
| 2006 | 9.52% | 0.96% | 2.89x | 3.44x | ฿-5.06 Million |
| 2007 | 9.26% | 0.91% | 2.72x | 3.74x | ฿-8.69 Million |
| 2008 | 12.50% | 0.71% | 2.64x | 6.67x | ฿17.73 Million |
| 2009 | 7.09% | 0.74% | 3.66x | 2.64x | ฿-21.57 Million |
| 2010 | 17.25% | 13.19% | 0.58x | 2.27x | ฿63.32 Million |
| 2011 | 21.70% | 20.69% | 0.56x | 1.89x | ฿128.07 Million |
| 2012 | 15.58% | 17.63% | 0.53x | 1.67x | ฿75.83 Million |
| 2013 | 15.61% | 16.03% | 0.58x | 1.68x | ฿84.08 Million |
| 2014 | 16.60% | 18.00% | 0.61x | 1.52x | ฿111.55 Million |
| 2015 | 17.96% | 20.86% | 0.59x | 1.46x | ฿126.53 Million |
| 2016 | 19.49% | 23.03% | 0.63x | 1.34x | ฿163.89 Million |
| 2017 | 18.29% | 24.56% | 0.59x | 1.26x | ฿152.08 Million |
| 2018 | 12.95% | 15.67% | 0.50x | 1.64x | ฿73.52 Million |
| 2019 | 15.64% | 15.46% | 0.59x | 1.72x | ฿139.15 Million |
| 2020 | 9.15% | 12.10% | 0.45x | 1.66x | ฿-21.29 Million |
| 2021 | 23.22% | 69.32% | 0.22x | 1.52x | ฿677.72 Million |
| 2022 | 15.08% | 42.38% | 0.27x | 1.30x | ฿225.86 Million |
| 2023 | 7.26% | 19.18% | 0.29x | 1.30x | ฿-107.84 Million |
| 2024 | -1.66% | -3.67% | 0.34x | 1.33x | ฿-390.13 Million |
Industry Comparison
This section compares T.K.S. Technologies Public Company Limited's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $386,737,575
- Average return on equity (ROE) among peers: 10.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T.K.S. Technologies Public Company Limited (TKS) | ฿3.37 Billion | 10.33% | 0.31x | $50.05 Million |
| ARIP Public Company Limited (ARIP) | $213.40 Million | 2.44% | 0.21x | $2.18 Million |
| Eastern Power Group Public Company Limited (EP) | $673.40 Million | 17.93% | 0.15x | $8.74 Million |
| Global Service Center Public Company Limited (GSC) | $19.90 Million | 23.01% | 1.15x | $1.36 Million |
| Kingsmen C.M.T.I. Public Company Limited (K) | $401.04 Million | 13.35% | 0.62x | $4.03 Million |
| NICE CALL PUBLIC COMPANY LIMITED (NCP) | $88.13 Million | 22.94% | 0.33x | $1.57 Million |
| PEER FOR YOU PUBLIC COMPANY LIMITED (PEER) | $563.01 Million | -8.68% | 0.24x | $2.06 Million |
| Qualitech Public Company Limited (QLT) | $448.28 Million | 23.14% | 0.20x | $2.93 Million |
| Salee Printing Public Company Limited (SLP) | $850.51 Million | 7.14% | 0.15x | $3.61 Million |
| VS_VISERVE ENTERPRISE (VS) | $222.96 Million | -3.62% | 0.15x | $824.65K |