United Paper Public Company Limited (UTP) — Net Asset Quality Index
United Paper Public Company Limited (UTP) has a Net Asset Quality Index of 90.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ฿5.17 Billion minus total liabilities of ฿467.78 Million yields net assets of ฿4.70 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check asset resilience ratio of United Paper Public Company Limited to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
United Paper Public Company Limited Net Asset Quality Index Over Time (2003–2024)
This chart shows how United Paper Public Company Limited's Net Asset Quality Index has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the index stands at 90.9%, representing net assets of ฿4.70 Billion against total assets of ฿5.17 Billion THB. See United Paper Public Company Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for United Paper Public Company Limited (2003–2024)
The table below presents the year-by-year Net Asset Quality Index for United Paper Public Company Limited from 2003 to 2024, covering 22 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 market capitalisation and the full company profile, see UTP market cap overview.
| Year | Quality Index | Net Assets (THB) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 90.6% | ฿4.69 Billion | ฿5.18 Billion | ฿489.24 Million | ▼ -0.7 pp |
| 2023 | 91.2% | ฿4.61 Billion | ฿5.05 Billion | ฿442.57 Million | ▲ +1.9 pp |
| 2022 | 89.3% | ฿4.12 Billion | ฿4.61 Billion | ฿491.19 Million | ▼ -0.9 pp |
| 2021 | 90.3% | ฿3.86 Billion | ฿4.28 Billion | ฿416.50 Million | ▲ +1.8 pp |
| 2020 | 88.5% | ฿3.46 Billion | ฿3.90 Billion | ฿448.64 Million | ▼ -2.3 pp |
| 2019 | 90.8% | ฿3.15 Billion | ฿3.47 Billion | ฿319.64 Million | ▲ +15.1 pp |
| 2018 | 75.7% | ฿2.68 Billion | ฿3.54 Billion | ฿861.05 Million | ▲ +14.8 pp |
| 2017 | 60.9% | ฿2.26 Billion | ฿3.72 Billion | ฿1.45 Billion | ▼ -1.8 pp |
| 2016 | 62.7% | ฿2.04 Billion | ฿3.26 Billion | ฿1.22 Billion | ▼ -13.1 pp |
| 2015 | 75.8% | ฿1.95 Billion | ฿2.57 Billion | ฿622.36 Million | ▼ -8.0 pp |
| 2014 | 83.8% | ฿1.85 Billion | ฿2.21 Billion | ฿358.66 Million | ▲ +2.3 pp |
| 2013 | 81.4% | ฿1.77 Billion | ฿2.17 Billion | ฿403.40 Million | ▲ +0.9 pp |
| 2012 | 80.6% | ฿1.27 Billion | ฿1.58 Billion | ฿306.28 Million | ▲ +0.8 pp |
| 2011 | 79.8% | ฿1.23 Billion | ฿1.54 Billion | ฿311.94 Million | ▲ +9.1 pp |
| 2010 | 70.7% | ฿1.25 Billion | ฿1.77 Billion | ฿517.94 Million | ▲ +3.3 pp |
| 2009 | 67.3% | ฿1.23 Billion | ฿1.83 Billion | ฿596.76 Million | ▲ +5.4 pp |
| 2008 | 61.9% | ฿1.23 Billion | ฿1.98 Billion | ฿753.58 Million | ▲ +6.8 pp |
| 2007 | 55.1% | ฿1.08 Billion | ฿1.97 Billion | ฿884.28 Million | ▲ +2.5 pp |
| 2006 | 52.6% | ฿1.11 Billion | ฿2.11 Billion | ฿999.48 Million | ▲ +1.6 pp |
| 2005 | 51.0% | ฿1.08 Billion | ฿2.12 Billion | ฿1.04 Billion | ▲ +1.6 pp |
| 2004 | 49.4% | ฿1.09 Billion | ฿2.21 Billion | ฿1.12 Billion | ▲ +15.3 pp |
| 2003 | 34.1% | ฿645.86 Million | ฿1.90 Billion | ฿1.25 Billion | — |