Asia Biomass Public Company Limited
Asia Biomass Public Company Limited, through its subsidiaries, engages in the procurement and trading of biomass fuel in Thailand and internationally. It manufactures wood chips and biomass pellets. The company also provides logistics and transportation services; and manufactures and distributes agricultural and related products. In addition, it offers wood pellets, palm shells, wood shaving, saw… Read more
Asia Biomass Public Company Limited (ABM) - Net Assets
Latest net assets as of September 2025: ฿815.65 Million THB
Based on the latest financial reports, Asia Biomass Public Company Limited (ABM) has net assets worth ฿815.65 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.53 Billion) and total liabilities (฿714.88 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿815.65 Million |
| % of Total Assets | 53.29% |
| Annual Growth Rate | 15.81% |
| 5-Year Change | 277.23% |
| 10-Year Change | 443.25% |
| Growth Volatility | 79.41 |
Asia Biomass Public Company Limited - Net Assets Trend (2012–2024)
This chart illustrates how Asia Biomass Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Asia Biomass Public Company Limited (2012–2024)
The table below shows the annual net assets of Asia Biomass Public Company Limited from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿865.96 Million | +71.37% |
| 2023-12-31 | ฿505.32 Million | -11.90% |
| 2022-12-31 | ฿573.56 Million | +60.37% |
| 2021-12-31 | ฿357.64 Million | +55.79% |
| 2020-12-31 | ฿229.56 Million | +7.38% |
| 2019-12-31 | ฿213.79 Million | -10.72% |
| 2018-12-31 | ฿239.44 Million | +56.59% |
| 2017-12-31 | ฿152.91 Million | +12.55% |
| 2016-12-31 | ฿135.87 Million | -14.77% |
| 2015-12-31 | ฿159.40 Million | +263.84% |
| 2014-12-31 | ฿43.81 Million | -69.28% |
| 2013-12-31 | ฿142.62 Million | -4.14% |
| 2012-12-31 | ฿148.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Biomass Public Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 141.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿923.51 Million | 106.77% |
| Total Equity | ฿864.98 Million | 100.00% |
Asia Biomass Public Company Limited Competitors by Market Cap
The table below lists competitors of Asia Biomass Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FURUKAWA ELECTRIC - Dusseldorf Stock Exchang
DU:FKA
|
$1.48 Million |
|
CAP-EX IRON ORE
F:X0V
|
$1.48 Million |
|
South Malaysia Industries Bhd
KLSE:4375
|
$1.48 Million |
|
Super Spinning Mills Limited
NSE:SUPERSPIN
|
$1.48 Million |
|
CIMERWA PLC
RSE:CMR
|
$1.48 Million |
|
Altura Mining Limited
PINK:ALTAF
|
$1.48 Million |
|
Nocera Inc
NASDAQ:NCRA
|
$1.48 Million |
|
Ensysce Biosciences Inc
NASDAQ:ENSC
|
$1.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Biomass Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 522,589,005 to 864,982,544, a change of 342,393,539 (65.5%).
- Net loss of 40,926,457 reduced equity.
- Other comprehensive income decreased equity by 6,100,000.
- Other factors increased equity by 389,419,996.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-40.93 Million | -4.73% |
| Other Comprehensive Income | ฿-6.10 Million | -0.71% |
| Other Changes | ฿389.42 Million | +45.02% |
| Total Change | ฿- | 65.52% |
Book Value vs Market Value Analysis
This analysis compares Asia Biomass Public Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.50x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.40x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿0.44 | ฿0.62 | x |
| 2014-12-31 | ฿0.13 | ฿0.62 | x |
| 2015-12-31 | ฿0.47 | ฿0.62 | x |
| 2016-12-31 | ฿0.41 | ฿0.62 | x |
| 2017-12-31 | ฿0.66 | ฿0.62 | x |
| 2018-12-31 | ฿0.79 | ฿0.62 | x |
| 2019-12-31 | ฿0.69 | ฿0.62 | x |
| 2020-12-31 | ฿0.74 | ฿0.62 | x |
| 2021-12-31 | ฿1.16 | ฿0.62 | x |
| 2022-12-31 | ฿1.85 | ฿0.62 | x |
| 2023-12-31 | ฿1.31 | ฿0.62 | x |
| 2024-12-31 | ฿1.25 | ฿0.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Biomass Public Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.58%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 1.85x
- Recent ROE (-4.73%) is above the historical average (-9.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -4.32% | -0.66% | 1.42x | 4.60x | ฿-20.42 Million |
| 2014 | -153.56% | -5.74% | 1.69x | 15.80x | ฿-70.99 Million |
| 2015 | 28.37% | 3.55% | 1.58x | 5.06x | ฿28.10 Million |
| 2016 | 20.77% | 2.13% | 1.67x | 5.83x | ฿14.13 Million |
| 2017 | 10.50% | 1.26% | 1.53x | 5.43x | ฿748.30K |
| 2018 | -12.80% | -2.42% | 1.99x | 2.66x | ฿-55.49 Million |
| 2019 | -9.95% | -1.69% | 1.85x | 3.19x | ฿-44.78 Million |
| 2020 | 7.78% | 1.20% | 1.73x | 3.73x | ฿-5.31 Million |
| 2021 | 7.18% | 1.40% | 1.85x | 2.76x | ฿-10.55 Million |
| 2022 | 6.07% | 1.33% | 2.12x | 2.16x | ฿-23.25 Million |
| 2023 | -14.70% | -3.23% | 1.71x | 2.66x | ฿-129.10 Million |
| 2024 | -4.73% | -1.58% | 1.62x | 1.85x | ฿-127.42 Million |
Industry Comparison
This section compares Asia Biomass Public Company Limited's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $7,844,339,608
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Biomass Public Company Limited (ABM) | ฿815.65 Million | -4.32% | 0.88x | $1.48 Million |
| Absolute Clean Energy PCL (ACE) | $14.18 Billion | 9.04% | 0.41x | $77.52 Million |
| ABSOLUTE CLEAN ENERGY (ACE-R) | $276.78 Million | -1.23% | 37.38x | $79.91 Million |
| BBGI PCL (BBGI) | $6.50 Billion | 12.99% | 0.96x | $41.12 Million |
| BCPG Public Company Limited (BCPG) | $27.23 Billion | 7.39% | 1.16x | $229.34 Million |
| Clover Power PCL (CV) | $590.77 Million | 33.82% | 2.29x | $553.20K |
| Energy Absolute Public Company Limited (EA) | $19.52 Billion | 25.49% | 2.03x | $424.82 Million |
| Earth Tech Environment Public Company Limited (ETC) | $222.14 Million | -9.24% | 1.12x | $13.55 Million |
| Green Resources Public Company Limited (GREEN) | $767.18 Million | -4.00% | 0.36x | $7.02 Million |
| Meta Corporation Public Company Limited (META) | $1.31 Billion | -8.12% | 0.39x | $2.59 Million |