Shrinkflex (Thailand) Public Company Limited
Shrinkflex (Thailand) Public Company Limited manufactures and distributes shrink sleeve labels in Thailand. It offers gravure and digital, green and flexible packaging, service, and stretch film products and solutions. The company also exports its products. The company was incorporated in 2007 and is headquartered in Chachoengsao, Thailand.
Shrinkflex (Thailand) Public Company Limited (SFT) - Total Assets
Latest total assets as of September 2025: ฿1.13 Billion THB
Based on the latest financial reports, Shrinkflex (Thailand) Public Company Limited (SFT) holds total assets worth ฿1.13 Billion THB 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.
Shrinkflex (Thailand) Public Company Limited - Total Assets Trend (2016–2024)
This chart illustrates how Shrinkflex (Thailand) Public Company Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Shrinkflex (Thailand) Public Company Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
Shrinkflex (Thailand) Public Company Limited's total assets of ฿1.13 Billion consist of 41.7% current assets and 58.3% non-current assets.
| Asset Category | Amount (THB) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 1.8% |
| Accounts Receivable | ฿180.01 Million | 15.5% |
| Inventory | ฿256.42 Million | 22.1% |
| Property, Plant & Equipment | ฿0.00 | 0.0% |
| Intangible Assets | ฿4.34 Million | 0.4% |
| Goodwill | ฿0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Shrinkflex (Thailand) 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Shrinkflex (Thailand) Public Company Limited's current assets represent 41.7% of total assets in 2024, a decrease from 49.2% in 2016.
- Cash Position: Cash and equivalents constituted 1.8% of total assets in 2024, up from 1.4% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 1.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 22.1% of total assets.
Shrinkflex (Thailand) Public Company Limited Competitors by Total Assets
Key competitors of Shrinkflex (Thailand) Public Company Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asia Pptys Inc
PINK:ASPZ
|
USA | $165.80 Million |
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Jiangsu Tongda Power Technology Co Ltd
SHE:002576
|
China | CN¥2.14 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
China | CN¥7.57 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
Shrinkflex (Thailand) Public Company Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Shrinkflex (Thailand) Public Company Limited generates 0.84x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Shrinkflex (Thailand) Public Company Limited generates $ 2.08 in net profit.
Shrinkflex (Thailand) 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 | 2.28 | 1.92 | 4.60 |
| Quick Ratio | 1.14 | 0.95 | 3.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ฿274.04 Million | ฿ 229.08 Million | ฿ 411.94 Million |
Shrinkflex (Thailand) Public Company Limited - Advanced Valuation Insights
This section examines the relationship between Shrinkflex (Thailand) 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 | 1.03 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 5.2% |
| Total Assets | ฿1.16 Billion |
| Market Capitalization | $3.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Shrinkflex (Thailand) Public Company Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Shrinkflex (Thailand) Public Company Limited's assets grew by 5.2% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Shrinkflex (Thailand) Public Company Limited (2016–2024)
The table below shows the annual total assets of Shrinkflex (Thailand) Public Company Limited from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.16 Billion | +5.19% |
| 2023-12-31 | ฿1.10 Billion | +5.32% |
| 2022-12-31 | ฿1.05 Billion | +10.87% |
| 2021-12-31 | ฿943.79 Million | +11.97% |
| 2020-12-31 | ฿842.88 Million | +98.19% |
| 2019-12-31 | ฿425.29 Million | +17.94% |
| 2018-12-31 | ฿360.60 Million | +24.49% |
| 2017-12-31 | ฿289.65 Million | +1.59% |
| 2016-12-31 | ฿285.12 Million | -- |