Unimit Engineering Public Company Limited
Unimit Engineering Public Company Limited, together with its subsidiaries, engages in the design, shop fabrication, field installation, and erection of steel products and construction works in Thailand and internationally. The company offers pressure vessels, including columns/towers, cryogenic and LPG tanks, shell and tube heat exchangers, spherical tanks, and vessels/drums; and machinery parts,… Read more
Unimit Engineering Public Company Limited (UEC) - Net Assets
Latest net assets as of September 2025: ฿1.06 Billion THB
Based on the latest financial reports, Unimit Engineering Public Company Limited (UEC) has net assets worth ฿1.06 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 (฿1.32 Billion) and total liabilities (฿262.65 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 | ฿1.06 Billion |
| % of Total Assets | 80.17% |
| Annual Growth Rate | 1.33% |
| 5-Year Change | -11.58% |
| 10-Year Change | -26.1% |
| Growth Volatility | 6.45 |
Unimit Engineering Public Company Limited - Net Assets Trend (2005–2024)
This chart illustrates how Unimit Engineering 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 Unimit Engineering Public Company Limited (2005–2024)
The table below shows the annual net assets of Unimit Engineering Public Company Limited from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.16 Billion | -8.39% |
| 2023-12-31 | ฿1.27 Billion | +2.49% |
| 2022-12-31 | ฿1.24 Billion | -4.42% |
| 2021-12-31 | ฿1.30 Billion | -1.47% |
| 2020-12-31 | ฿1.32 Billion | +0.56% |
| 2019-12-31 | ฿1.31 Billion | -11.24% |
| 2018-12-31 | ฿1.47 Billion | -3.28% |
| 2017-12-31 | ฿1.52 Billion | -1.04% |
| 2016-12-31 | ฿1.54 Billion | -2.18% |
| 2015-12-31 | ฿1.57 Billion | -5.20% |
| 2014-12-31 | ฿1.66 Billion | +2.48% |
| 2013-12-31 | ฿1.62 Billion | +2.99% |
| 2012-12-31 | ฿1.57 Billion | +7.80% |
| 2011-12-31 | ฿1.46 Billion | +5.48% |
| 2010-12-31 | ฿1.38 Billion | +3.68% |
| 2009-12-31 | ฿1.33 Billion | +6.52% |
| 2008-12-31 | ฿1.25 Billion | +8.85% |
| 2007-12-31 | ฿1.15 Billion | +12.74% |
| 2006-12-31 | ฿1.02 Billion | +12.82% |
| 2005-12-31 | ฿904.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Unimit Engineering 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 71299258700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿712.99 Million | 61.30% |
| Other Components | ฿450.17 Million | 38.70% |
| Total Equity | ฿1.16 Billion | 100.00% |
Unimit Engineering Public Company Limited Competitors by Market Cap
The table below lists competitors of Unimit Engineering Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SILVER BULL RES DL-01
F:LZ61
|
$7.91 Million |
|
Emova Group SA
PA:ALEMV
|
$7.91 Million |
|
Atico Mining Corporation
PINK:ATCMF
|
$7.91 Million |
|
GREEN HYDROGEN SYST. DK 1
F:3LUA
|
$7.92 Million |
|
PT Dafam Property Indonesia Tbk
JK:DFAM
|
$7.90 Million |
|
Simone S.p.A.
F:2KX
|
$7.90 Million |
|
Progressive Planet Solutions Inc
OTCQB:ASHXF
|
$7.90 Million |
|
U. Y. Fincorp Limited
NSE:UYFINCORP
|
$7.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Unimit Engineering Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,269,755,197 to 1,163,162,656, a change of -106,592,541 (-8.4%).
- Net loss of 31,442,884 reduced equity.
- Dividend payments of 74,152,189 reduced retained earnings.
- Other comprehensive income decreased equity by 22,052,700.
- Other factors increased equity by 21,055,232.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-31.44 Million | -2.7% |
| Dividends Paid | ฿74.15 Million | -6.38% |
| Other Comprehensive Income | ฿-22.05 Million | -1.9% |
| Other Changes | ฿21.06 Million | +1.81% |
| Total Change | ฿- | -8.39% |
Book Value vs Market Value Analysis
This analysis compares Unimit Engineering 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: 0.33x
- 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 |
|---|---|---|---|
| 2005-12-31 | ฿2.15 | ฿0.68 | x |
| 2006-12-31 | ฿1.77 | ฿0.68 | x |
| 2007-12-31 | ฿2.02 | ฿0.68 | x |
| 2008-12-31 | ฿2.19 | ฿0.68 | x |
| 2009-12-31 | ฿2.33 | ฿0.68 | x |
| 2010-12-31 | ฿2.42 | ฿0.68 | x |
| 2011-12-31 | ฿2.55 | ฿0.68 | x |
| 2012-12-31 | ฿2.76 | ฿0.68 | x |
| 2013-12-31 | ฿2.84 | ฿0.68 | x |
| 2014-12-31 | ฿2.91 | ฿0.68 | x |
| 2015-12-31 | ฿2.76 | ฿0.68 | x |
| 2016-12-31 | ฿2.70 | ฿0.68 | x |
| 2017-12-31 | ฿2.67 | ฿0.68 | x |
| 2018-12-31 | ฿2.58 | ฿0.68 | x |
| 2019-12-31 | ฿2.29 | ฿0.68 | x |
| 2020-12-31 | ฿2.31 | ฿0.68 | x |
| 2021-12-31 | ฿2.27 | ฿0.68 | x |
| 2022-12-31 | ฿2.17 | ฿0.68 | x |
| 2023-12-31 | ฿2.23 | ฿0.68 | x |
| 2024-12-31 | ฿2.04 | ฿0.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Unimit Engineering 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): -2.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.51%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.15x
- Recent ROE (-2.70%) is below the historical average (8.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 17.11% | 14.24% | 1.00x | 1.20x | ฿64.34 Million |
| 2006 | 28.17% | 21.61% | 0.90x | 1.45x | ฿185.51 Million |
| 2007 | 28.70% | 17.80% | 1.09x | 1.48x | ฿215.19 Million |
| 2008 | 21.83% | 14.92% | 1.15x | 1.28x | ฿148.18 Million |
| 2009 | 15.54% | 15.13% | 0.93x | 1.11x | ฿73.88 Million |
| 2010 | 10.37% | 14.49% | 0.64x | 1.12x | ฿5.10 Million |
| 2011 | 11.86% | 14.17% | 0.70x | 1.20x | ฿27.14 Million |
| 2012 | 15.87% | 15.22% | 0.85x | 1.22x | ฿92.37 Million |
| 2013 | 12.54% | 12.54% | 0.85x | 1.18x | ฿41.08 Million |
| 2014 | 12.71% | 14.16% | 0.80x | 1.12x | ฿44.97 Million |
| 2015 | 5.28% | 7.70% | 0.61x | 1.12x | ฿-74.28 Million |
| 2016 | 2.63% | 4.32% | 0.54x | 1.12x | ฿-113.51 Million |
| 2017 | 0.84% | 1.64% | 0.47x | 1.08x | ฿-139.57 Million |
| 2018 | -2.53% | -4.40% | 0.51x | 1.12x | ฿-184.60 Million |
| 2019 | -11.61% | -17.10% | 0.57x | 1.19x | ฿-282.69 Million |
| 2020 | 2.73% | 4.52% | 0.54x | 1.12x | ฿-95.67 Million |
| 2021 | 1.05% | 2.95% | 0.33x | 1.08x | ฿-115.95 Million |
| 2022 | -1.15% | -2.02% | 0.49x | 1.16x | ฿-138.15 Million |
| 2023 | 8.32% | 9.01% | 0.79x | 1.16x | ฿-21.32 Million |
| 2024 | -2.70% | -3.51% | 0.67x | 1.15x | ฿-147.76 Million |
Industry Comparison
This section compares Unimit Engineering Public Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $3,659,793,554
- Average return on equity (ROE) among peers: 2.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Unimit Engineering Public Company Limited (UEC) | ฿1.06 Billion | 17.11% | 0.25x | $7.90 Million |
| 2S Metal Public Company Limited (2S) | $1.31 Billion | 8.03% | 0.41x | $15.33 Million |
| Asia Metal Public Company Limited (AMC) | $1.58 Billion | 7.16% | 1.61x | $6.99 Million |
| Bangsaphan Barmill Public Company Limited (BSBM) | $1.82 Billion | -2.65% | 0.07x | $5.50 Million |
| Capital Engineering Network Public Company Limited (CEN) | $2.42 Billion | -0.89% | 0.19x | $5.45 Million |
| Chow Steel Industries Public Company Limited (CHOW) | $520.72 Million | 0.00% | 4.33x | $8.20 Million |
| CSP Steel Center Public Company Limited (CSP) | $664.19 Million | 10.03% | 1.87x | $950.75K |
| G J Steel Public Company Limited (GJS) | $11.94 Billion | -0.06% | 0.49x | $33.84 Million |
| POSCO-Thainox Public Company Limited (INOX) | $10.76 Billion | -5.72% | 0.42x | $11.41 Million |
| Lohakit Metal Public Company Limited (LHK) | $1.64 Billion | 5.32% | 0.30x | $15.23 Million |
| M.C.S. Steel Public Company Limited (MCS) | $3.94 Billion | 3.04% | 0.72x | $112.11 Million |