M.C.S. Steel Public Company Limited (MCS) - Total Assets

Latest as of September 2025: ฿5.84 Billion THB ≈ $181.89 Million USD

Based on the latest financial reports, M.C.S. Steel Public Company Limited (MCS) holds total assets worth ฿5.84 Billion THB (≈ $181.89 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See shareholders equity of M.C.S. Steel Public Company Limited for net asset value and shareholders' equity analysis.

M.C.S. Steel Public Company Limited - Total Assets Trend (2002–2024)

This chart illustrates how M.C.S. Steel Public Company Limited's total assets have evolved over time, based on quarterly financial data.

M.C.S. Steel Public Company Limited - Asset Composition Analysis

Current Asset Composition (December 2024)

M.C.S. Steel Public Company Limited's total assets of ฿5.84 Billion consist of 74.6% current assets and 25.4% non-current assets.

Asset Category	Amount (THB)	% of Total Assets
Cash & Equivalents	฿0.00	2.3%
Accounts Receivable	฿1.58 Billion	26.0%
Inventory	฿2.73 Billion	45.0%
Property, Plant & Equipment	฿0.00	0.0%
Intangible Assets	฿14.00 Million	0.2%
Goodwill	฿0.00	0.0%

Asset Composition Trend (2002–2024)

This chart illustrates how M.C.S. Steel Public Company Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see MCS market cap.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: M.C.S. Steel Public Company Limited's current assets represent 74.6% of total assets in 2024, an increase from 0.0% in 2002.
Cash Position: Cash and equivalents constituted 2.3% of total assets in 2024, down from 7.6% in 2002.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
Asset Diversification: The largest asset category is inventory at 45.0% of total assets.

M.C.S. Steel Public Company Limited Competitors by Total Assets

Key competitors of M.C.S. Steel Public Company Limited based on total assets are shown below.

Company	Country	Total Assets
Inner Mongolia Dazhong Mining Co Ltd SHE:001203	China	CN¥17.05 Billion
Industrias CH S. A. B. de C. V MX:ICHB	Mexico	MX$80.09 Billion
Sansteel MinGuang Co Ltd Fujian SHE:002110	China	CN¥51.66 Billion
Tiangong International Company Limited F:34T1	Germany	€13.77 Billion
Jai Balaji Industries Limited NSE:JAIBALAJI	India	Rs39.44 Billion
Luyin Investment Group Co Ltd SHG:600784	China	CN¥6.05 Billion
Rana Gruber AS OL:RANA	Norway	Nkr1.82 Billion
Hai Kwang Enterprise Corp TW:2038	Taiwan	NT$9.89 Billion

M.C.S. Steel Public Company Limited - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	3.01	1.91	1.99
Quick Ratio	1.28	0.61	0.85
Cash Ratio	0.00	0.00	0.00
Working Capital	฿2.77 Billion	฿2.12 Billion	฿2.07 Billion

M.C.S. Steel Public Company Limited - Advanced Valuation Insights

This section examines the relationship between M.C.S. Steel Public Company Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	0.96
Latest Market Cap to Assets Ratio	0.02
Asset Growth Rate (YoY)	15.1%
Total Assets	฿6.07 Billion
Market Capitalization	$120.43 Million USD

Valuation Analysis

Below Book Valuation: The market values M.C.S. Steel Public Company Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: M.C.S. Steel Public Company Limited's assets grew by 15.1% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for M.C.S. Steel Public Company Limited (2002–2024)

The table below shows the annual total assets of M.C.S. Steel Public Company Limited from 2002 to 2024.

Year	Total Assets	Change
2024-12-31	฿6.07 Billion ≈ $189.05 Million	+15.05%
2023-12-31	฿5.27 Billion ≈ $164.32 Million	-22.45%
2022-12-31	฿6.80 Billion ≈ $211.87 Million	+9.44%
2021-12-31	฿6.21 Billion ≈ $193.59 Million	+3.64%
2020-12-31	฿5.99 Billion ≈ $186.80 Million	+17.59%
2019-12-31	฿5.10 Billion ≈ $158.85 Million	+26.34%
2018-12-31	฿4.03 Billion ≈ $125.73 Million	+7.66%
2017-12-31	฿3.75 Billion ≈ $116.79 Million	-2.08%
2016-12-31	฿3.83 Billion ≈ $119.27 Million	+0.87%
2015-12-31	฿3.79 Billion ≈ $118.23 Million	+42.72%
2014-12-31	฿2.66 Billion ≈ $82.84 Million	-11.13%
2013-12-31	฿2.99 Billion ≈ $93.22 Million	-19.03%
2012-12-31	฿3.69 Billion ≈ $115.13 Million	+4.63%
2011-12-31	฿3.53 Billion ≈ $110.04 Million	-4.45%
2010-12-31	฿3.69 Billion ≈ $115.16 Million	+7.29%
2009-12-31	฿3.44 Billion ≈ $107.33 Million	+13.18%
2008-12-31	฿3.04 Billion ≈ $94.83 Million	+26.77%
2007-12-31	฿2.40 Billion ≈ $74.80 Million	+14.59%
2006-12-31	฿2.09 Billion ≈ $65.28 Million	-4.37%
2005-12-31	฿2.19 Billion ≈ $68.26 Million	+70.40%
2004-12-31	฿1.29 Billion ≈ $40.06 Million	+36.35%
2003-12-31	฿942.62 Million ≈ $29.38 Million	+25.81%
2002-12-31	฿749.24 Million ≈ $23.35 Million	--

About M.C.S. Steel Public Company Limited

BK:MCS Thailand Steel

Market Cap

$120.43 Million

฿3.86 Billion THB

Market Cap Rank

#18485 Global

#251 in Thailand

Share Price

฿8.10

Change (1 day)

-0.61%

52-Week Range

฿7.55 - ฿9.65

All Time High

฿14.02