T.Krungthai Industries Public Company Limited (TKT) - Net Assets

Latest as of September 2025: ฿648.46 Million THB ≈ $20.21 Million USD

Based on the latest financial reports, T.Krungthai Industries Public Company Limited (TKT) has net assets worth ฿648.46 Million THB (≈ $20.21 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 (฿1.13 Billion ≈ $35.34 Million USD) and total liabilities (฿485.42 Million ≈ $15.13 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 TKT asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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

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. For live valuation and market cap data, see market cap of T.Krungthai Industries Public Company Li.

Year	Net Assets	Change
2024-12-31	฿641.46 Million ≈ $19.99 Million	-0.22%
2023-12-31	฿642.88 Million ≈ $20.04 Million	-0.38%
2022-12-31	฿645.34 Million ≈ $20.11 Million	+47.17%
2021-12-31	฿438.49 Million ≈ $13.67 Million	+3.20%
2020-12-31	฿424.90 Million ≈ $13.24 Million	-2.09%
2019-12-31	฿433.98 Million ≈ $13.53 Million	+6.48%
2018-12-31	฿407.56 Million ≈ $12.70 Million	-8.27%
2017-12-31	฿444.31 Million ≈ $13.85 Million	+16.79%
2016-12-31	฿380.44 Million ≈ $11.86 Million	-17.44%
2015-12-31	฿460.81 Million ≈ $14.36 Million	-1.92%
2014-12-31	฿469.81 Million ≈ $14.64 Million	-2.02%
2013-12-31	฿479.48 Million ≈ $14.94 Million	+0.90%
2012-12-31	฿475.22 Million ≈ $14.81 Million	+19.67%
2011-12-31	฿397.12 Million ≈ $12.38 Million	-12.10%
2010-12-31	฿451.79 Million ≈ $14.08 Million	+3.43%
2009-12-31	฿436.83 Million ≈ $13.62 Million	-0.32%
2008-12-31	฿438.25 Million ≈ $13.66 Million	+4.78%
2007-12-31	฿418.26 Million ≈ $13.04 Million	+1.14%
2006-12-31	฿413.53 Million ≈ $12.89 Million	-0.32%
2005-12-31	฿414.86 Million ≈ $12.93 Million	+8.12%
2004-12-31	฿383.71 Million ≈ $11.96 Million	+141.05%
2003-12-31	฿159.19 Million ≈ $4.96 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
BRITANNIA LIFE SCIENCES F:L020	$7.87 Million
HLT Global Bhd KLSE:0188	$7.88 Million
Star Minerals Ltd AU:SMS	$7.88 Million
High Arctic Energy Services Inc. TO:HWO	$7.90 Million
Pure Energy Minerals Ltd V:PE	$7.86 Million
Kolon Global Corp KO:003075	$7.86 Million
PAVmed Inc NASDAQ:PAVM	$7.86 Million
Emerson Radio Corporation NYSE MKT:MSN	$7.86 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	฿0.72	x
2007-12-31	฿1.92	฿0.72	x
2008-12-31	฿2.05	฿0.72	x
2009-12-31	฿2.04	฿0.72	x
2010-12-31	฿2.11	฿0.72	x
2011-12-31	฿1.86	฿0.72	x
2012-12-31	฿2.22	฿0.72	x
2013-12-31	฿2.24	฿0.72	x
2014-12-31	฿2.20	฿0.72	x
2015-12-31	฿2.15	฿0.72	x
2016-12-31	฿1.78	฿0.72	x
2017-12-31	฿2.08	฿0.72	x
2018-12-31	฿1.90	฿0.72	x
2019-12-31	฿2.03	฿0.72	x
2020-12-31	฿1.96	฿0.72	x
2021-12-31	฿1.84	฿0.72	x
2022-12-31	฿2.43	฿0.72	x
2023-12-31	฿1.83	฿0.72	x
2024-12-31	฿1.83	฿0.72	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: $2,077,369,706
Average return on equity (ROE) among peers: 8.17%

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	$7.87 Million
AAPICO Hitech Public Company Limited (AH)	$5.47 Billion	11.16%	1.30x	$139.32 Million
CPR Gomu Industrial PCL (CPR)	$758.04 Million	12.32%	0.13x	$16.75 Million
Chai Watana Tannery Group Public Company Limited (CWT)	$421.02 Million	-26.44%	2.48x	$15.32 Million
Fortune Parts Industry Public Company Limited (FPI)	$945.15 Million	20.35%	1.50x	$77.81 Million
Goodyear (Thailand) Public Company Limited (GYT)	$3.91 Billion	9.87%	0.32x	$42.09 Million
Hwa Fong Rubber (Thailand) Public Company Limited (HFT)	$3.61 Billion	6.92%	0.14x	$85.38 Million
Interhides Public Company Limited (IHL)	$708.87 Million	20.94%	2.03x	$26.79 Million
Ingress Industrial (Thailand) Public Company Limited (INGRS)	$2.55 Billion	3.84%	0.76x	$16.24 Million
Inoue Rubber (Thailand) Public Company Limited (IRC)	$1.42 Billion	20.58%	0.84x	$68.30 Million
N.D. Rubber Public Company Limited (NDR)	$982.88 Million	2.15%	0.28x	$17.66 Million

About T.Krungthai Industries Public Company Limited

BK:TKT Thailand Auto Parts

Market Cap

$7.87 Million

฿252.56 Million THB

Market Cap Rank

#27422 Global

#578 in Thailand

Share Price

฿0.72

Change (1 day)

-2.70%

52-Week Range

฿0.60 - ฿1.29

All Time High

฿3.76