TPI Polene Power Public Company Limited (TPIPP) — Net Asset Quality Index
TPI Polene Power Public Company Limited (TPIPP) has a Net Asset Quality Index of 53.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ฿68.73 Billion minus total liabilities of ฿32.10 Billion yields net assets of ฿36.63 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check TPIPP cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
TPI Polene Power Public Company Limited Net Asset Quality Index Over Time (2012–2025)
This chart shows how TPI Polene Power Public Company Limited's Net Asset Quality Index has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the index stands at 53.3%, representing net assets of ฿36.63 Billion against total assets of ฿68.73 Billion THB. See TPI Polene Power Public Company Limited shareholders equity for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for TPI Polene Power Public Company Limited (2012–2025)
The table below presents the year-by-year Net Asset Quality Index for TPI Polene Power Public Company Limited from 2012 to 2025, covering 14 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market value of TPI Polene Power Public Company Limited.
| Year | Quality Index | Net Assets (THB) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 52.9% | ฿36.42 Billion | ฿68.82 Billion | ฿32.41 Billion | ▲ +0.6 pp |
| 2024 | 52.3% | ฿34.74 Billion | ฿66.40 Billion | ฿31.66 Billion | ▼ -3.2 pp |
| 2023 | 55.6% | ฿33.20 Billion | ฿59.77 Billion | ฿26.57 Billion | ▼ -6.9 pp |
| 2022 | 62.4% | ฿31.56 Billion | ฿50.58 Billion | ฿19.01 Billion | ▼ -1.2 pp |
| 2021 | 63.6% | ฿30.85 Billion | ฿48.49 Billion | ฿17.63 Billion | ▼ -2.5 pp |
| 2020 | 66.1% | ฿28.93 Billion | ฿43.78 Billion | ฿14.85 Billion | ▼ -5.5 pp |
| 2019 | 71.6% | ฿27.11 Billion | ฿37.85 Billion | ฿10.74 Billion | ▼ -7.8 pp |
| 2018 | 79.4% | ฿25.05 Billion | ฿31.54 Billion | ฿6.49 Billion | ▼ -8.4 pp |
| 2017 | 87.8% | ฿24.21 Billion | ฿27.57 Billion | ฿3.35 Billion | ▲ +42.0 pp |
| 2016 | 45.8% | ฿8.32 Billion | ฿18.17 Billion | ฿9.85 Billion | ▼ -25.6 pp |
| 2015 | 71.4% | ฿9.05 Billion | ฿12.67 Billion | ฿3.63 Billion | ▲ +16.0 pp |
| 2014 | 55.4% | ฿6.82 Billion | ฿12.30 Billion | ฿5.48 Billion | ▼ -22.0 pp |
| 2013 | 77.4% | ฿6.33 Billion | ฿8.18 Billion | ฿1.85 Billion | ▼ -6.3 pp |
| 2012 | 83.7% | ฿6.03 Billion | ฿7.20 Billion | ฿1.17 Billion | — |