Thachang Green Energy PCL

BK:TGE Thailand Utilities - Renewable
Market Cap
$91.27 Million
฿3.16 Billion THB
Market Cap Rank
#25306 Global
#363 in Thailand
Share Price
฿1.26
Change (1 day)
+5.88%
52-Week Range
฿1.19 - ฿1.59
All Time High
฿4.92
About

Thachang Green Energy Public Company Limited engages in the renewable energy business in Thailand. It operates through two segments, Biomass Power Plant Business and Waste Power Plant Business. The company generates and supplies electricity and steam from biomass. It also offers waste management and construction services. The company was founded in 2011 and is headquartered in Surat Thani, Thaila… Read more

Thachang Green Energy PCL - Asset Resilience Ratio

Latest as of March 2022: 3.91%

Thachang Green Energy PCL (TGE) has an Asset Resilience Ratio of 3.91% as of March 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
฿108.95 Million
Cash + Short-term Investments
Total Assets
฿2.79 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Thachang Green Energy PCL's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Thachang Green Energy PCL's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents ฿0.00 0%
Short-term Investments ฿108.95 Million 3.91%
Total Liquid Assets ฿108.95 Million 3.91%

Asset Resilience Insights

  • Limited Liquidity: Thachang Green Energy PCL maintains only 3.91% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Thachang Green Energy PCL Industry Peers by Asset Resilience Ratio

Compare Thachang Green Energy PCL's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
Utilities - Renewable 0.23%
Tianjin Guangyu Development Co Ltd
SHE:000537
Utilities - Renewable 0.03%
Guangdong Electric Power Development Co Ltd
SHE:000539
Utilities - Renewable -0.29%
CECEP Solar Energy Co Ltd
SHE:000591
Utilities - Renewable 0.19%
GEPIC Energy Development Co Ltd
SHE:000791
Utilities - Renewable 0.00%
Tieling Newcity Investment Holding Ltd
SHE:000809
Utilities - Renewable 17.22%
Hubei Energy Group Co Ltd
SHE:000883
Utilities - Renewable 0.07%
Fujian MinDong Electric Power Co Ltd
SHE:000993
Utilities - Renewable 3.80%

Annual Asset Resilience Ratio for Thachang Green Energy PCL (None–None)

The table below shows the annual Asset Resilience Ratio data for Thachang Green Energy PCL.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points