Advanced Connection Corporation Public Company Limited
Advanced Connection Corporation Public Company Limited, together with its subsidiaries, engages in the renewable energy business in Thailand. It operates through Renewable Energy Investment, Distribution, Lending, Construction Contracting, and Leasing segments. The company operates solar rooftop and farm projects; and offers EPC services. It engages in property development; and distribution, rent… Read more
Advanced Connection Corporation Public Company Limited (ACC) - Net Assets
Latest net assets as of September 2025: ฿889.61 Million THB
Based on the latest financial reports, Advanced Connection Corporation Public Company Limited (ACC) has net assets worth ฿889.61 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 (฿2.31 Billion) and total liabilities (฿1.42 Billion). 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 | ฿889.61 Million |
| % of Total Assets | 38.48% |
| Annual Growth Rate | -2.03% |
| 5-Year Change | 62.05% |
| 10-Year Change | 20.02% |
| Growth Volatility | 19.73 |
Advanced Connection Corporation Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Advanced Connection Corporation 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 Advanced Connection Corporation Public Company Limited (2000–2024)
The table below shows the annual net assets of Advanced Connection Corporation Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿974.56 Million | +58.12% |
| 2023-12-31 | ฿616.35 Million | -13.82% |
| 2022-12-31 | ฿715.19 Million | +35.97% |
| 2021-12-31 | ฿525.99 Million | -12.54% |
| 2020-12-31 | ฿601.41 Million | -18.94% |
| 2019-12-31 | ฿741.94 Million | -7.18% |
| 2018-12-31 | ฿799.33 Million | +6.03% |
| 2017-12-31 | ฿753.89 Million | -6.08% |
| 2016-12-31 | ฿802.70 Million | -1.14% |
| 2015-12-31 | ฿811.98 Million | +0.54% |
| 2015-07-31 | ฿807.61 Million | +13.95% |
| 2014-12-31 | ฿708.72 Million | -2.81% |
| 2013-12-31 | ฿729.24 Million | +7.13% |
| 2012-12-31 | ฿680.72 Million | -13.18% |
| 2011-12-31 | ฿784.04 Million | +15.12% |
| 2010-12-31 | ฿681.07 Million | +1.96% |
| 2009-12-31 | ฿667.99 Million | -11.28% |
| 2008-12-31 | ฿752.94 Million | +6.58% |
| 2007-12-31 | ฿706.46 Million | +2.91% |
| 2006-12-31 | ฿686.48 Million | -34.44% |
| 2005-12-31 | ฿1.05 Billion | -38.12% |
| 2004-12-31 | ฿1.69 Billion | +1.18% |
| 2003-12-31 | ฿1.67 Billion | -7.00% |
| 2002-12-31 | ฿1.80 Billion | +24.59% |
| 2001-12-31 | ฿1.44 Billion | -9.47% |
| 2000-12-31 | ฿1.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advanced Connection Corporation 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 99.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿7.66 Million | 0.93% |
| Common Stock | ฿470.08 Million | 56.87% |
| Other Components | ฿348.92 Million | 42.21% |
| Total Equity | ฿826.67 Million | 100.00% |
Advanced Connection Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Advanced Connection Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Angus Ventures Inc
V:GUS
|
$17.25 Million |
|
Huize Holding Ltd
NASDAQ:HUIZ
|
$17.25 Million |
|
BIG Blockchain Intelligence Group Inc
OTCQX:BBKCF
|
$17.26 Million |
|
Narae Nanotech Corp.
KQ:137080
|
$17.26 Million |
|
Bluestone Resources Inc
OTCQB:BBSRF
|
$17.25 Million |
|
HVC Investment and Technology JSC
VN:HVH
|
$17.24 Million |
|
Union Community Co. Ltd
KQ:203450
|
$17.24 Million |
|
Natural Health Trends Corp
F:NAH
|
$17.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Connection Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 587,451,000 to 826,666,000, a change of 239,215,000 (40.7%).
- Net loss of 85,235,000 reduced equity.
- New share issuances of 56,892,000 increased equity.
- Other comprehensive income increased equity by 54,000.
- Other factors increased equity by 267,504,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-85.23 Million | -10.31% |
| Share Issuances | ฿56.89 Million | +6.88% |
| Other Comprehensive Income | ฿54.00K | +0.01% |
| Other Changes | ฿267.50 Million | +32.36% |
| Total Change | ฿- | 40.72% |
Book Value vs Market Value Analysis
This analysis compares Advanced Connection Corporation 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: 0.66x
- 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 increased from 0.37x to 0.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | ฿1.06 | ฿0.39 | x |
| 2006-12-31 | ฿0.70 | ฿0.39 | x |
| 2007-12-31 | ฿0.72 | ฿0.39 | x |
| 2008-12-31 | ฿0.76 | ฿0.39 | x |
| 2009-12-31 | ฿0.68 | ฿0.39 | x |
| 2010-12-31 | ฿0.69 | ฿0.39 | x |
| 2011-12-31 | ฿0.79 | ฿0.39 | x |
| 2012-12-31 | ฿0.69 | ฿0.39 | x |
| 2013-12-31 | ฿0.74 | ฿0.39 | x |
| 2014-12-31 | ฿0.72 | ฿0.39 | x |
| 2015-12-31 | ฿0.66 | ฿0.39 | x |
| 2016-12-31 | ฿0.64 | ฿0.39 | x |
| 2017-12-31 | ฿0.60 | ฿0.39 | x |
| 2018-12-31 | ฿0.58 | ฿0.39 | x |
| 2019-12-31 | ฿0.53 | ฿0.39 | x |
| 2020-12-31 | ฿0.42 | ฿0.39 | x |
| 2021-12-31 | ฿0.37 | ฿0.39 | x |
| 2022-12-31 | ฿0.49 | ฿0.39 | x |
| 2023-12-31 | ฿0.44 | ฿0.39 | x |
| 2024-12-31 | ฿0.59 | ฿0.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Connection Corporation 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): -10.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -69.72%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.54x
- Recent ROE (-10.31%) is below the historical average (-0.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 35.39% | 15.90% | 1.56x | 1.43x | ฿404.90 Million |
| 2001 | 52.17% | 16.35% | 1.94x | 1.64x | ฿608.78 Million |
| 2002 | 41.62% | 21.00% | 1.49x | 1.33x | ฿568.71 Million |
| 2004 | 14.45% | 7.68% | 1.50x | 1.25x | ฿75.36 Million |
| 2005 | -35.66% | -20.30% | 1.49x | 1.18x | ฿-478.09 Million |
| 2006 | -56.10% | -129.97% | 0.38x | 1.15x | ฿-453.78 Million |
| 2007 | 8.21% | 33.06% | 0.21x | 1.17x | ฿-12.61 Million |
| 2008 | 5.12% | 20.78% | 0.22x | 1.14x | ฿-36.72 Million |
| 2009 | -11.23% | -41.39% | 0.24x | 1.13x | ฿-141.82 Million |
| 2010 | 1.92% | 20.02% | 0.09x | 1.06x | ฿-55.02 Million |
| 2011 | 15.86% | 255.09% | 0.06x | 1.06x | ฿45.93 Million |
| 2012 | -1.28% | -14.69% | 0.08x | 1.08x | ฿-76.81 Million |
| 2013 | 6.58% | 106.61% | 0.06x | 1.04x | ฿-24.91 Million |
| 2014 | 1.19% | 7.35% | 0.15x | 1.05x | ฿-62.42 Million |
| 2015 | -17.07% | -128.37% | 0.13x | 1.03x | ฿-218.61 Million |
| 2015 | -4.29% | -46.93% | 0.07x | 1.35x | ฿-113.34 Million |
| 2016 | -2.92% | -13.86% | 0.09x | 2.32x | ฿-99.56 Million |
| 2017 | -7.35% | -17.70% | 0.18x | 2.28x | ฿-124.53 Million |
| 2018 | -5.15% | -16.95% | 0.18x | 1.69x | ฿-115.55 Million |
| 2019 | -18.96% | -58.84% | 0.21x | 1.54x | ฿-204.66 Million |
| 2020 | -11.83% | -43.71% | 0.16x | 1.65x | ฿-123.49 Million |
| 2021 | -15.49% | -61.16% | 0.14x | 1.86x | ฿-125.45 Million |
| 2022 | 25.73% | 427.24% | 0.05x | 1.18x | ฿103.63 Million |
| 2023 | -12.17% | -49.83% | 0.21x | 1.17x | ฿-130.22 Million |
| 2024 | -10.31% | -69.72% | 0.06x | 2.54x | ฿-167.90 Million |
Industry Comparison
This section compares Advanced Connection Corporation Public Company Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $17,765,360,820
- Average return on equity (ROE) among peers: 2.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Connection Corporation Public Company Limited (ACC) | ฿889.61 Million | 35.39% | 1.60x | $17.25 Million |
| Berli Jucker PCL (BJC) | $126.20 Billion | 3.17% | 1.67x | $316.94 Million |
| Eastern Technical Engineering Public Company Limited (ETE) | $58.10 Million | 13.78% | 9.72x | $4.01 Million |
| Forth Corporation Public Company Limited (FORTH) | $2.72 Billion | 9.98% | 2.00x | $62.80 Million |
| Loxley Public Company Limited (LOXLEY) | $4.26 Billion | 14.55% | 1.12x | $56.12 Million |
| MBK Public Company Limited (MBK) | $7.29 Billion | 11.11% | 1.05x | $228.06 Million |
| Precise Corporation Public Company Limited (PCC) | $643.50 Million | 8.95% | 0.95x | $48.96 Million |
| Rabbit Holdings PCL (RABBIT) | $310.77 Million | -34.85% | 5.65x | $29.29 Million |
| Siamraj Public Company Limited (SR) | $827.66 Million | -7.80% | 2.26x | $1.86 Million |
| Saha-Union Public Company Limited (SUC) | $17.58 Billion | 6.99% | 0.32x | $114.86 Million |