T.Krungthai Industries Public Company Limited
T.Krungthai Industries Public Company Limited manufactures and sells plastic parts in Thailand and China. The company designs, manufactures, and repairs molds for plastic parts production. It offers dashboard components/trims, panels, plastic interior parts, door panels; radiator grilles, wheel caps, and mud guards; cover engine and car radiator mounting panel sets; parts of refrigerators, door h… Read more
T.Krungthai Industries Public Company Limited (TKT) - Net Assets
Latest net assets as of September 2025: ฿648.46 Million THB
Based on the latest financial reports, T.Krungthai Industries Public Company Limited (TKT) has net assets worth ฿648.46 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.13 Billion) and total liabilities (฿485.42 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 | ฿648.46 Million |
| % of Total Assets | 57.19% |
| Annual Growth Rate | 6.86% |
| 5-Year Change | 50.97% |
| 10-Year Change | 39.2% |
| Growth Volatility | 31.94 |
T.Krungthai Industries Public Company Limited - Net Assets Trend (2003–2024)
This chart illustrates how T.Krungthai Industries 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.Krungthai Industries Public Company Limited (2003–2024)
The table below shows the annual net assets of T.Krungthai Industries Public Company Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿641.46 Million | -0.22% |
| 2023-12-31 | ฿642.88 Million | -0.38% |
| 2022-12-31 | ฿645.34 Million | +47.17% |
| 2021-12-31 | ฿438.49 Million | +3.20% |
| 2020-12-31 | ฿424.90 Million | -2.09% |
| 2019-12-31 | ฿433.98 Million | +6.48% |
| 2018-12-31 | ฿407.56 Million | -8.27% |
| 2017-12-31 | ฿444.31 Million | +16.79% |
| 2016-12-31 | ฿380.44 Million | -17.44% |
| 2015-12-31 | ฿460.81 Million | -1.92% |
| 2014-12-31 | ฿469.81 Million | -2.02% |
| 2013-12-31 | ฿479.48 Million | +0.90% |
| 2012-12-31 | ฿475.22 Million | +19.67% |
| 2011-12-31 | ฿397.12 Million | -12.10% |
| 2010-12-31 | ฿451.79 Million | +3.43% |
| 2009-12-31 | ฿436.83 Million | -0.32% |
| 2008-12-31 | ฿438.25 Million | +4.78% |
| 2007-12-31 | ฿418.26 Million | +1.14% |
| 2006-12-31 | ฿413.53 Million | -0.32% |
| 2005-12-31 | ฿414.86 Million | +8.12% |
| 2004-12-31 | ฿383.71 Million | +141.05% |
| 2003-12-31 | ฿159.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to T.Krungthai Industries 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 decreased by 1679.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿350.78 Million | 54.68% |
| Other Comprehensive Income | ฿21.40 Million | 3.34% |
| Other Components | ฿369.70 Million | 57.63% |
| Total Equity | ฿641.46 Million | 100.00% |
T.Krungthai Industries Public Company Limited Competitors by Market Cap
The table below lists competitors of T.Krungthai Industries Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nelson Resources Ltd
AU:NES
|
$2.51 Million |
|
Coloured Ties Capital Inc
PINK:APEOF
|
$2.51 Million |
|
HEC Infra Projects Limited
NSE:HECPROJECT
|
$2.51 Million |
|
Mount Hope Mining Ltd
AU:MHM
|
$2.51 Million |
|
CME GROUP-A - Dusseldorf Stock Exchang
DU:MX4A
|
$2.51 Million |
|
Beauce Gold Fields Inc
PINK:BGFGF
|
$2.51 Million |
|
HYDROFARM HLD. GRP -0001
F:5TUA
|
$2.51 Million |
|
AMERICAN EXPRESS - Dusseldorf Stock Exchang
DU:AEC1
|
$2.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in T.Krungthai Industries Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 642,883,912 to 641,457,143, a change of -1,426,769 (-0.2%).
- Net loss of 1,426,769 reduced equity.
- Other comprehensive income decreased equity by 144,788,516.
- Other factors increased equity by 144,788,516.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-1.43 Million | -0.22% |
| Other Comprehensive Income | ฿-144.79 Million | -22.57% |
| Other Changes | ฿144.79 Million | +22.57% |
| Total Change | ฿- | -0.22% |
Book Value vs Market Value Analysis
This analysis compares T.Krungthai Industries 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: 0.39x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿1.98 | ฿0.71 | x |
| 2007-12-31 | ฿1.92 | ฿0.71 | x |
| 2008-12-31 | ฿2.05 | ฿0.71 | x |
| 2009-12-31 | ฿2.04 | ฿0.71 | x |
| 2010-12-31 | ฿2.11 | ฿0.71 | x |
| 2011-12-31 | ฿1.86 | ฿0.71 | x |
| 2012-12-31 | ฿2.22 | ฿0.71 | x |
| 2013-12-31 | ฿2.24 | ฿0.71 | x |
| 2014-12-31 | ฿2.20 | ฿0.71 | x |
| 2015-12-31 | ฿2.15 | ฿0.71 | x |
| 2016-12-31 | ฿1.78 | ฿0.71 | x |
| 2017-12-31 | ฿2.08 | ฿0.71 | x |
| 2018-12-31 | ฿1.90 | ฿0.71 | x |
| 2019-12-31 | ฿2.03 | ฿0.71 | x |
| 2020-12-31 | ฿1.96 | ฿0.71 | x |
| 2021-12-31 | ฿1.84 | ฿0.71 | x |
| 2022-12-31 | ฿2.43 | ฿0.71 | x |
| 2023-12-31 | ฿1.83 | ฿0.71 | x |
| 2024-12-31 | ฿1.83 | ฿0.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently T.Krungthai Industries 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): -0.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.13%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.79x
- Recent ROE (-0.22%) is below the historical average (3.05%), 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 | 29.92% | 10.26% | 0.91x | 3.19x | ฿31.72 Million |
| 2004 | 6.55% | 3.72% | 0.90x | 1.96x | ฿-13.25 Million |
| 2005 | 10.01% | 4.49% | 1.22x | 1.83x | ฿58.20K |
| 2006 | 3.26% | 1.68% | 1.24x | 1.57x | ฿-27.88 Million |
| 2007 | 6.25% | 2.94% | 1.26x | 1.69x | ฿-15.70 Million |
| 2008 | 9.44% | 3.92% | 1.47x | 1.64x | ฿-2.43 Million |
| 2009 | 5.55% | 2.81% | 1.21x | 1.63x | ฿-19.42 Million |
| 2010 | 9.00% | 3.30% | 1.30x | 2.10x | ฿-4.54 Million |
| 2011 | -3.74% | -1.16% | 1.25x | 2.56x | ฿-54.56 Million |
| 2012 | 18.69% | 4.52% | 1.62x | 2.55x | ฿41.28 Million |
| 2013 | 8.13% | 2.02% | 1.59x | 2.53x | ฿-8.98 Million |
| 2014 | 4.14% | 1.20% | 1.33x | 2.59x | ฿-27.53 Million |
| 2015 | 2.69% | 0.91% | 1.19x | 2.47x | ฿-33.69 Million |
| 2016 | -17.75% | -6.15% | 1.04x | 2.77x | ฿-105.58 Million |
| 2017 | -11.55% | -4.78% | 0.98x | 2.46x | ฿-95.76 Million |
| 2018 | -9.02% | -3.14% | 1.03x | 2.78x | ฿-77.51 Million |
| 2019 | 2.81% | 0.95% | 1.11x | 2.68x | ฿-31.19 Million |
| 2020 | -8.60% | -3.61% | 0.89x | 2.66x | ฿-79.05 Million |
| 2021 | 3.10% | 1.12% | 1.06x | 2.61x | ฿-30.26 Million |
| 2022 | 2.73% | 1.26% | 1.05x | 2.05x | ฿-46.92 Million |
| 2023 | -4.31% | -2.19% | 1.07x | 1.84x | ฿-92.03 Million |
| 2024 | -0.22% | -0.13% | 0.95x | 1.79x | ฿-65.57 Million |
Industry Comparison
This section compares T.Krungthai Industries Public Company Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,824,130,983
- Average return on equity (ROE) among peers: 5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| T.Krungthai Industries Public Company Limited (TKT) | ฿648.46 Million | 29.92% | 0.75x | $2.51 Million |
| AAPICO Hitech Public Company Limited (AH) | $4.52 Billion | 5.09% | 1.05x | $75.69 Million |
| CPR Gomu Industrial PCL (CPR) | $475.50 Million | 13.62% | 0.18x | $3.23 Million |
| Chai Watana Tannery Group Public Company Limited (CWT) | $755.29 Million | 3.98% | 1.02x | $8.58 Million |
| Fortune Parts Industry Public Company Limited (FPI) | $1.33 Billion | 15.39% | 1.11x | $17.95 Million |
| Goodyear (Thailand) Public Company Limited (GYT) | $2.88 Billion | 8.09% | 0.26x | $7.46 Million |
| Hwa Fong Rubber (Thailand) Public Company Limited (HFT) | $1.19 Billion | 0.00% | 0.28x | $37.35 Million |
| Interhides Public Company Limited (IHL) | $1.64 Billion | 3.49% | 1.44x | $6.94 Million |
| Ingress Industrial (Thailand) Public Company Limited (INGRS) | $2.46 Billion | -3.09% | 0.68x | $4.95 Million |
| Inoue Rubber (Thailand) Public Company Limited (IRC) | $2.05 Billion | 7.34% | 0.80x | $15.61 Million |
| N.D. Rubber Public Company Limited (NDR) | $946.85 Million | 0.86% | 0.29x | $8.48 Million |