Thai Metal Drum Manufacturing Public Company Limited (TMD) - Net Assets

Latest as of December 2025: ฿3.62 Billion THB ≈ $112.96 Million USD

Based on the latest financial reports, Thai Metal Drum Manufacturing Public Company Limited (TMD) has net assets worth ฿3.62 Billion THB (≈ $112.96 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.92 Billion ≈ $122.14 Million USD) and total liabilities (฿294.48 Million ≈ $9.18 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 Thai Metal Drum Manufacturing Public Com's assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿3.62 Billion
% of Total Assets	92.49%
Annual Growth Rate	7.27%
5-Year Change	10.64%
10-Year Change	42.68%
Growth Volatility	6.11

Thai Metal Drum Manufacturing Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how Thai Metal Drum Manufacturing Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Thai Metal Drum Manufacturing Public Com for the complete picture of this company's asset base.

Annual Net Assets for Thai Metal Drum Manufacturing Public Company Limited (2000–2025)

The table below shows the annual net assets of Thai Metal Drum Manufacturing Public Company Limited from 2000 to 2025. For live valuation and market cap data, see Thai Metal Drum Manufacturing Public Com (TMD) total market value.

Year	Net Assets	Change
2025-12-31	฿3.62 Billion ≈ $112.96 Million	+3.98%
2024-12-31	฿3.49 Billion ≈ $108.64 Million	+3.01%
2023-12-31	฿3.38 Billion ≈ $105.47 Million	+0.28%
2022-12-31	฿3.37 Billion ≈ $105.18 Million	+3.02%
2021-12-31	฿3.28 Billion ≈ $102.10 Million	+5.40%
2020-12-31	฿3.11 Billion ≈ $96.87 Million	+7.88%
2019-12-31	฿2.88 Billion ≈ $89.79 Million	+1.06%
2018-12-31	฿2.85 Billion ≈ $88.86 Million	+7.58%
2017-12-31	฿2.65 Billion ≈ $82.59 Million	+4.32%
2016-12-31	฿2.54 Billion ≈ $79.17 Million	+6.66%
2015-12-31	฿2.38 Billion ≈ $74.23 Million	+7.48%
2014-12-31	฿2.22 Billion ≈ $69.07 Million	+14.70%
2013-12-31	฿1.93 Billion ≈ $60.21 Million	+1.45%
2012-12-31	฿1.90 Billion ≈ $59.35 Million	+16.52%
2011-12-31	฿1.63 Billion ≈ $50.94 Million	-2.00%
2010-12-31	฿1.67 Billion ≈ $51.98 Million	+9.47%
2009-12-31	฿1.52 Billion ≈ $47.48 Million	+8.16%
2008-12-31	฿1.41 Billion ≈ $43.90 Million	+7.10%
2007-12-31	฿1.32 Billion ≈ $40.99 Million	+7.48%
2006-12-31	฿1.22 Billion ≈ $38.14 Million	+1.71%
2005-12-31	฿1.20 Billion ≈ $37.49 Million	+23.99%
2004-12-31	฿970.14 Million ≈ $30.24 Million	+10.68%
2003-12-31	฿876.56 Million ≈ $27.32 Million	+8.94%
2002-12-31	฿804.65 Million ≈ $25.08 Million	+21.18%
2001-12-31	฿663.99 Million ≈ $20.70 Million	+5.89%
2000-12-31	฿627.03 Million ≈ $19.54 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Thai Metal Drum Manufacturing 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 259438150253.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿2.59 Billion	76.95%
Other Components	฿777.14 Million	23.05%
Total Equity	฿3.37 Billion	100.00%

Thai Metal Drum Manufacturing Public Company Limited Competitors by Market Cap

The table below lists competitors of Thai Metal Drum Manufacturing Public Company Limited ranked by their market capitalization.

Company	Market Cap
Multicampus Corporation KQ:067280	$118.08 Million
ZenaTech Inc. NASDAQ:ZENA	$118.13 Million
Abra Information Technologies TA:ABRA	$118.15 Million
Impiana Hotels Bhd KLSE:7243	$118.18 Million
Marfin Investment Group Holdings S.A AT:MIG	$118.02 Million
TTEC Holdings Inc NASDAQ:TTEC	$118.01 Million
Atturra Ltd AU:ATA	$118.01 Million
Wellspire Holdings Berhad KLSE:0271	$118.00 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Thai Metal Drum Manufacturing Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,239,178,613 to 3,371,517,089, a change of 132,338,476 (4.1%).
Net income of 373,769,023 contributed positively to equity growth.
Dividend payments of 256,300,140 reduced retained earnings.
Other comprehensive income decreased equity by 15,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿373.77 Million	+11.09%
Dividends Paid	฿256.30 Million	-7.6%
Other Comprehensive Income	฿-15.00 Million	-0.44%
Other Changes	฿29.87 Million	+0.89%
Total Change	฿-	4.09%

Book Value vs Market Value Analysis

This analysis compares Thai Metal Drum Manufacturing 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: 1.12x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.33x to 1.12x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	฿7.59	฿25.25	x
2007-12-31	฿8.19	฿25.25	x
2008-12-31	฿8.77	฿25.25	x
2009-12-31	฿9.47	฿25.25	x
2010-12-31	฿10.34	฿25.25	x
2011-12-31	฿10.09	฿25.25	x
2012-12-31	฿11.71	฿25.25	x
2013-12-31	฿11.81	฿25.25	x
2014-12-31	฿13.55	฿25.25	x
2015-12-31	฿14.55	฿25.25	x
2016-12-31	฿15.58	฿25.25	x
2017-12-31	฿16.30	฿25.25	x
2018-12-31	฿17.63	฿25.25	x
2019-12-31	฿17.72	฿25.25	x
2020-12-31	฿19.18	฿25.25	x
2021-12-31	฿20.26	฿25.25	x
2022-12-31	฿20.90	฿25.25	x
2023-12-31	฿20.95	฿25.25	x
2024-12-31	฿21.59	฿25.25	x
2025-12-31	฿22.48	฿25.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Thai Metal Drum Manufacturing 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): 11.09%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.87%
• Asset Turnover: 0.46x
• Equity Multiplier: 1.16x
Recent ROE (11.09%) is below the historical average (12.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	8.78%	7.32%	0.75x	1.59x	฿-7.64 Million
2002	9.89%	8.76%	0.85x	1.32x	฿-797.80K
2003	14.51%	11.73%	0.95x	1.30x	฿37.25 Million
2004	16.87%	10.99%	1.10x	1.39x	฿62.39 Million
2005	9.86%	8.39%	0.93x	1.27x	฿-1.59 Million
2006	11.56%	9.02%	0.98x	1.31x	฿17.76 Million
2007	11.70%	10.75%	0.90x	1.21x	฿20.91 Million
2008	11.69%	10.19%	0.99x	1.16x	฿22.26 Million
2009	11.33%	11.38%	0.86x	1.16x	฿18.85 Million
2010	9.34%	8.97%	0.90x	1.16x	฿-10.21 Million
2011	13.04%	11.48%	0.96x	1.18x	฿46.03 Million
2012	17.74%	15.37%	0.97x	1.19x	฿135.98 Million
2013	15.72%	14.94%	0.86x	1.23x	฿101.25 Million
2014	13.22%	13.97%	0.77x	1.23x	฿65.38 Million
2015	13.46%	15.47%	0.72x	1.21x	฿75.53 Million
2016	13.39%	16.11%	0.69x	1.20x	฿79.17 Million
2017	11.61%	14.20%	0.68x	1.20x	฿39.32 Million
2018	12.70%	16.63%	0.65x	1.18x	฿71.50 Million
2019	12.40%	16.22%	0.64x	1.19x	฿63.78 Million
2020	11.00%	18.52%	0.51x	1.17x	฿28.78 Million
2021	12.17%	16.53%	0.63x	1.17x	฿66.07 Million
2022	9.94%	13.95%	0.61x	1.17x	฿-1.91 Million
2023	10.00%	17.59%	0.49x	1.16x	฿122.80K
2024	10.21%	17.93%	0.49x	1.16x	฿6.75 Million
2025	11.09%	20.87%	0.46x	1.16x	฿36.62 Million

Industry Comparison

This section compares Thai Metal Drum Manufacturing Public Company Limited's net assets metrics with peer companies in the Packaging & Containers industry.

Industry Context

Industry: Packaging & Containers
Average net assets among peers: $2,020,449,956
Average return on equity (ROE) among peers: 6.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Thai Metal Drum Manufacturing Public Company Limited (TMD)	฿3.62 Billion	8.78%	0.08x	$118.05 Million
A.J. Plast Public Company Limited (AJ)	$4.69 Billion	11.36%	1.03x	$53.17 Million
Crown Seal Public Company Limited (CSC)	$4.20 Billion	6.85%	0.21x	$68.48 Million
Multibax Public Company Limited (MBAX)	$317.76 Million	10.34%	2.33x	$10.66 Million
NEP Realty and Industry Public Company Limited (NEP)	$964.72 Million	1.15%	0.43x	$14.50 Million
Prodigy Public Company Limited (PDG)	$527.17 Million	15.69%	0.18x	$28.33 Million
Panjawattana Plastic Public Company Limited (PJW)	$934.98 Million	15.48%	1.18x	$37.55 Million
Srithai Superware Public Company Limited (SITHAI)	$5.02 Billion	1.15%	0.54x	$83.83 Million
S. Pack & Print Public Company Limited (SPACK)	$735.28 Million	10.03%	0.63x	$10.66 Million
Thai Coating Industrial Public Company Limited (TCOAT)	$436.11 Million	8.91%	0.31x	$9.25 Million
Thai Film Industries Public Company Limited (TFI)	$2.39 Billion	-13.64%	0.27x	$26.22 Million

About Thai Metal Drum Manufacturing Public Company Limited

BK:TMD Thailand Packaging & Containers

Market Cap

$118.05 Million

฿3.79 Billion THB

Market Cap Rank

#18561 Global

#256 in Thailand

Share Price

฿25.25

Change (1 day)

-0.98%

52-Week Range

฿24.10 - ฿27.25

All Time High

฿27.25