T.K.S. Technologies Public Company Limited (TKS) - Net Assets

Latest as of September 2025: ฿3.37 Billion THB ≈ $105.13 Million USD

Based on the latest financial reports, T.K.S. Technologies Public Company Limited (TKS) has net assets worth ฿3.37 Billion THB (≈ $105.13 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 (฿4.41 Billion ≈ $137.43 Million USD) and total liabilities (฿1.04 Billion ≈ $32.30 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 how resilient are T.K.S. Technologies Public Company Limit's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore TKS total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see T.K.S. Technologies Public Company Limit stock valuation.

Year	Net Assets	Change
2024-12-31	฿3.39 Billion ≈ $105.58 Million	-14.46%
2023-12-31	฿3.96 Billion ≈ $123.43 Million	-11.32%
2022-12-31	฿4.47 Billion ≈ $139.17 Million	-13.15%
2021-12-31	฿5.14 Billion ≈ $160.25 Million	+103.67%
2020-12-31	฿2.52 Billion ≈ $78.68 Million	+1.23%
2019-12-31	฿2.49 Billion ≈ $77.73 Million	-6.31%
2018-12-31	฿2.66 Billion ≈ $82.96 Million	+45.04%
2017-12-31	฿1.84 Billion ≈ $57.20 Million	+6.25%
2016-12-31	฿1.73 Billion ≈ $53.83 Million	+8.70%
2015-12-31	฿1.59 Billion ≈ $49.53 Million	-5.98%
2014-12-31	฿1.69 Billion ≈ $52.67 Million	+12.74%
2013-12-31	฿1.50 Billion ≈ $46.72 Million	+10.37%
2012-12-31	฿1.36 Billion ≈ $42.33 Million	+24.10%
2011-12-31	฿1.09 Billion ≈ $34.11 Million	+25.39%
2010-12-31	฿872.85 Million ≈ $27.21 Million	+17.56%
2009-12-31	฿742.45 Million ≈ $23.14 Million	-48.28%
2008-12-31	฿1.44 Billion ≈ $44.74 Million	+21.95%
2007-12-31	฿1.18 Billion ≈ $36.69 Million	+11.04%
2006-12-31	฿1.06 Billion ≈ $33.04 Million	+13.58%
2005-12-31	฿933.30 Million ≈ $29.09 Million	-1.30%
2004-12-31	฿945.63 Million ≈ $29.47 Million	+12.78%
2003-12-31	฿838.45 Million ≈ $26.13 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
Vivani Medical Inc. NASDAQ:VANI	$95.82 Million
Afluente Transmissão de Energia Elétrica S.A SA:AFLT3	$95.93 Million
Panda Financial Holding Corp Ltd SHG:600599	$95.95 Million
New Delhi Television Limited NSE:NDTV	$95.95 Million
Rand Mining Ltd AU:RND	$95.78 Million
Grupo Greening 2022 SA MC:GGR	$95.77 Million
Laiqon AG XETRA:LQAG	$95.76 Million
Y.C.C. Parts MFG Co Ltd TW:1339	$95.75 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: 0.94x
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 0.94x 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	฿6.25	x
2007-12-31	฿2.70	฿6.25	x
2008-12-31	฿1.68	฿6.25	x
2009-12-31	฿1.83	฿6.25	x
2010-12-31	฿2.00	฿6.25	x
2011-12-31	฿2.60	฿6.25	x
2012-12-31	฿2.60	฿6.25	x
2013-12-31	฿3.44	฿6.25	x
2014-12-31	฿3.52	฿6.25	x
2015-12-31	฿3.64	฿6.25	x
2016-12-31	฿3.94	฿6.25	x
2017-12-31	฿4.21	฿6.25	x
2018-12-31	฿5.09	฿6.25	x
2019-12-31	฿4.86	฿6.25	x
2020-12-31	฿4.92	฿6.25	x
2021-12-31	฿10.09	฿6.25	x
2022-12-31	฿8.74	฿6.25	x
2023-12-31	฿7.74	฿6.25	x
2024-12-31	฿6.66	฿6.25	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: $491,513,263
Average return on equity (ROE) among peers: 6.94%

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	$95.82 Million
ARIP Public Company Limited (ARIP)	$231.42 Million	14.32%	0.32x	$6.54 Million
Kingsmen C.M.T.I. Public Company Limited (K)	$317.40 Million	0.62%	1.79x	$15.75 Million
Qualitech Public Company Limited (QLT)	$443.97 Million	9.84%	0.14x	$4.55 Million
Salee Printing Public Company Limited (SLP)	$973.26 Million	3.00%	0.08x	$14.96 Million

About T.K.S. Technologies Public Company Limited

BK:TKS Thailand Specialty Business Services

Market Cap

$95.82 Million

฿3.07 Billion THB

Market Cap Rank

#19339 Global

#274 in Thailand

Share Price

฿6.25

Change (1 day)

+0.00%

52-Week Range

฿4.90 - ฿7.00

All Time High

฿386.40