Ziga Innovation Public Company Limited Net Assets
Ziga Innovation Public Company Limited net assets. Based on the latest financial reports, Ziga Innovation Public Company Limited (ZIGA) has net assets worth ฿832.09 Million THB (≈ $25.94 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 (฿1.17 Billion ≈ $36.45 Million USD) and total liabilities (฿337.49 Million ≈ $10.52 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. Also explore Ziga Innovation Public Company Limited (ZIGA) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿832.09 Million |
| % of Total Assets | 71.14% |
| Annual Growth Rate | 31.43% |
| 5-Year Change | -1.46% |
| 10-Year Change | 214.4% |
| Growth Volatility | 119.53 |
Net Assets of Ziga Innovation Public Company Limited (2014–2024)
Net assets of Ziga Innovation Public Company Limited from 2014 to 2024. This chart illustrates how Ziga Innovation Public Company Limited's net assets have evolved over time, based on quarterly financial data. See ZIGA net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Ziga Innovation Public Company Limited (2014–2024)
The table below shows the annual net assets of Ziga Innovation Public Company Limited from 2014 to 2024. For live market cap and overall valuation, see Ziga Innovation Public Company Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿808.25 Million ≈ $25.19 Million |
+3.32% |
| 2023-12-31 | ฿782.25 Million ≈ $24.38 Million |
+10.19% |
| 2022-12-31 | ฿709.93 Million ≈ $22.13 Million |
-28.69% |
| 2021-12-31 | ฿995.52 Million ≈ $31.03 Million |
+21.37% |
| 2020-12-31 | ฿820.22 Million ≈ $25.57 Million |
+8.95% |
| 2019-12-31 | ฿752.81 Million ≈ $23.46 Million |
-0.58% |
| 2018-12-31 | ฿757.21 Million ≈ $23.60 Million |
-3.20% |
| 2017-12-31 | ฿782.25 Million ≈ $24.38 Million |
+148.06% |
| 2016-12-31 | ฿315.34 Million ≈ $9.83 Million |
+22.67% |
| 2015-12-31 | ฿257.07 Million ≈ $8.01 Million |
+389.36% |
| 2014-12-31 | ฿52.53 Million ≈ $1.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ziga Innovation 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 658.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Ziga Innovation Public Company Limited Net Assets Breakdown (December 2024)
Ziga Innovation Public Company Limited net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿939.90 Million | 116.29% |
| Total Equity | ฿808.25 Million | 100.00% |
Ziga Innovation Public Company Limited Competitors by Market Cap
The table below lists competitors of Ziga Innovation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lottery.com Inc.
NASDAQ:SEGG
|
$21.61 Million |
|
Borneo Oil Bhd
KLSE:7036
|
$21.61 Million |
|
ELUON Corporation
KQ:065440
|
$21.62 Million |
|
EG Corporation
KQ:037370
|
$21.63 Million |
|
Rumble Resources Ltd
AU:RTR
|
$21.59 Million |
|
Beeline Holdings, Inc.
NASDAQ:BLNE
|
$21.58 Million |
|
NanoViricides Inc
NYSE MKT:NNVC
|
$21.57 Million |
|
Aarvi Encon Limited
NSE:AARVI
|
$21.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ziga Innovation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 782,253,481 to 808,253,514, a change of 26,000,033 (3.3%).
- Net income of 26,000,033 contributed positively to equity growth.
- Other comprehensive income decreased equity by 36,990,000.
- Other factors increased equity by 36,990,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿26.00 Million | +3.22% |
| Other Comprehensive Income | ฿-36.99 Million | -4.58% |
| Other Changes | ฿36.99 Million | +4.58% |
| Total Change | ฿- | 3.32% |
Book Value vs Market Value Analysis
This analysis compares Ziga Innovation 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: 0.86x
- 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 decreased from 1.07x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.88 | ฿0.94 | x |
| 2015-12-31 | ฿0.49 | ฿0.94 | x |
| 2016-12-31 | ฿0.83 | ฿0.94 | x |
| 2017-12-31 | ฿1.66 | ฿0.94 | x |
| 2018-12-31 | ฿1.46 | ฿0.94 | x |
| 2019-12-31 | ฿1.45 | ฿0.94 | x |
| 2020-12-31 | ฿1.62 | ฿0.94 | x |
| 2021-12-31 | ฿1.60 | ฿0.94 | x |
| 2022-12-31 | ฿1.05 | ฿0.94 | x |
| 2023-12-31 | ฿1.07 | ฿0.94 | x |
| 2024-12-31 | ฿1.10 | ฿0.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ziga Innovation 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): 3.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.63%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.37x
- Recent ROE (3.22%) is below the historical average (11.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.53% | 1.49% | 0.91x | 9.24x | ฿1.33 Million |
| 2015 | 26.69% | 10.09% | 1.18x | 2.25x | ฿42.90 Million |
| 2016 | 71.71% | 24.58% | 1.47x | 1.99x | ฿194.59 Million |
| 2017 | 16.83% | 14.93% | 0.69x | 1.64x | ฿53.45 Million |
| 2018 | 5.62% | 5.06% | 0.70x | 1.58x | ฿-33.16 Million |
| 2019 | 4.68% | 4.64% | 0.66x | 1.54x | ฿-40.02 Million |
| 2020 | 14.35% | 12.10% | 0.70x | 1.69x | ฿35.69 Million |
| 2021 | 20.51% | 17.89% | 0.63x | 1.82x | ฿104.68 Million |
| 2022 | -53.68% | -33.24% | 0.87x | 1.85x | ฿-451.85 Million |
| 2023 | 5.31% | 5.39% | 0.61x | 1.63x | ฿-36.65 Million |
| 2024 | 3.22% | 4.63% | 0.51x | 1.37x | ฿-54.83 Million |
Industry Comparison
This section compares Ziga Innovation Public Company Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $3,530,617,022
- Average return on equity (ROE) among peers: 8.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ziga Innovation Public Company Limited (ZIGA) | ฿832.09 Million | 12.53% | 0.41x | $21.60 Million |
| 2S Metal Public Company Limited (2S) | $2.28 Billion | 32.38% | 0.08x | $60.34 Million |
| Asia Metal Public Company Limited (AMC) | $2.19 Billion | 6.06% | 0.70x | $33.82 Million |
| Bangsaphan Barmill Public Company Limited (BSBM) | $1.83 Billion | 6.76% | 0.19x | $20.27 Million |
| Capital Engineering Network Public Company Limited (CEN) | $2.60 Billion | -7.58% | 0.23x | $11.38 Million |
| Chow Steel Industries Public Company Limited (CHOW) | $1.29 Billion | 1.98% | 1.95x | $31.92 Million |
| CSP Steel Center Public Company Limited (CSP) | $792.99 Million | 9.72% | 2.04x | $11.29 Million |
| G J Steel Public Company Limited (GJS) | $12.66 Billion | -7.40% | 0.17x | $79.44 Million |
| POSCO-Thainox Public Company Limited (INOX) | $9.21 Billion | 3.41% | 0.26x | $928.21 Million |
| Lohakit Metal Public Company Limited (LHK) | $910.78 Million | 15.27% | 0.64x | $42.50 Million |
| M.C.S. Steel Public Company Limited (MCS) | $1.54 Billion | 22.93% | 0.97x | $115.22 Million |
About Ziga Innovation Public Company Limited
Ziga Innovation Public Company Limited, together with its subsidiaries, engages in the manufacture and trading of steel conduits for electrical wiring systems in Thailand. The company provides steel piping's for construction and real estate businesses, as well as DAIWA electrical conduits, DAIWA super, Zuper Ziga, Ziga structural pipes, and High Micron galvanized coating pipes. It is involved in … Read more