TPI POLENE POWER
TPI Polene Power Public Company Limited generates and distributes electricity, refuse derived fuel, and organics waste in Thailand. It operates in two segments, Energy & Utilities, and Petrol and Gas Stations. The company owns and operates solid waste power plant, waste heat power plants, and coal-fired power plants; and operates petrol and gas service stations under the TPIPL brand. It has a tot… Read more
TPI POLENE POWER - Asset Resilience Ratio
TPI POLENE POWER (TPIPP-R) has an Asset Resilience Ratio of 0.77% as of June 2024. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2023)
This chart shows how TPI POLENE POWER's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down TPI POLENE POWER'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 | ฿499.26 Million | 0.77% |
| Total Liquid Assets | ฿499.26 Million | 0.77% |
Asset Resilience Insights
- Limited Liquidity: TPI POLENE POWER maintains only 0.77% 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.
TPI POLENE POWER Industry Peers by Asset Resilience Ratio
Compare TPI POLENE POWER'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% |
|
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% |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258 |
Utilities - Renewable | 0.43% |
Annual Asset Resilience Ratio for TPI POLENE POWER (2012–2023)
The table below shows the annual Asset Resilience Ratio data for TPI POLENE POWER.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.32% | ฿1.99 Billion | ฿59.77 Billion | +1.08pp |
| 2022-12-31 | 2.24% | ฿1.13 Billion | ฿50.58 Billion | -2.98pp |
| 2021-12-31 | 5.22% | ฿2.53 Billion | ฿48.49 Billion | +2.26pp |
| 2020-12-31 | 2.96% | ฿1.30 Billion | ฿43.78 Billion | -4.04pp |
| 2019-12-31 | 7.00% | ฿2.65 Billion | ฿37.85 Billion | -5.55pp |
| 2018-12-31 | 12.56% | ฿3.96 Billion | ฿31.54 Billion | -1.14pp |
| 2017-12-31 | 13.69% | ฿3.77 Billion | ฿27.57 Billion | +13.69pp |
| 2015-12-31 | 0.00% | ฿340.00K | ฿12.67 Billion | +0.00pp |
| 2014-12-31 | 0.00% | ฿280.00K | ฿12.30 Billion | 0.00pp |
| 2013-12-31 | 0.00% | ฿323.00K | ฿8.18 Billion | +0.00pp |
| 2012-12-31 | 0.00% | ฿248.00K | ฿7.20 Billion | -- |