Asia Green Energy Public Company Limited

BK:AGE Thailand Thermal Coal
Market Cap
$47.27 Million
฿1.64 Billion THB
Market Cap Rank
#25265 Global
#366 in Thailand
Share Price
฿1.37
Change (1 day)
+1.48%
52-Week Range
฿0.72 - ฿1.46
All Time High
฿3.98
Categories
Companies in Thailand Thermal Coal
About

Asia Green Energy Public Company Limited engages in the distribution of coal for industrial use in Thailand and internationally. The company offers transportation and management services; water transportation and port services; cargo services and extraction of coal; water transportation consultancy services; fuel production and distribution from waste; agricultural product distribution; refuse de… Read more

Asia Green Energy Public Company Limited (AGE) - Net Assets

Latest net assets as of September 2025: ฿3.54 Billion THB

Based on the latest financial reports, Asia Green Energy Public Company Limited (AGE) has net assets worth ฿3.54 Billion THB as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿8.60 Billion) and total liabilities (฿5.05 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 ฿3.54 Billion
% of Total Assets 41.22%
Annual Growth Rate 18.04%
5-Year Change 76.96%
10-Year Change 144.92%
Growth Volatility 31.85

Asia Green Energy Public Company Limited - Net Assets Trend (2008–2024)

This chart illustrates how Asia Green Energy 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 Green Energy Public Company Limited (2008–2024)

The table below shows the annual net assets of Asia Green Energy Public Company Limited from 2008 to 2024.

Year Net Assets Change
2024-12-31 ฿3.30 Billion -1.78%
2023-12-31 ฿3.36 Billion +0.54%
2022-12-31 ฿3.34 Billion +34.59%
2021-12-31 ฿2.48 Billion +33.14%
2020-12-31 ฿1.87 Billion +2.73%
2019-12-31 ฿1.82 Billion +17.62%
2018-12-31 ฿1.54 Billion +8.89%
2017-12-31 ฿1.42 Billion -0.16%
2016-12-31 ฿1.42 Billion +5.37%
2015-12-31 ฿1.35 Billion +8.75%
2014-12-31 ฿1.24 Billion -0.25%
2013-12-31 ฿1.24 Billion +11.58%
2012-12-31 ฿1.11 Billion -1.78%
2011-12-31 ฿1.13 Billion +122.46%
2010-12-31 ฿509.57 Million +30.87%
2009-12-31 ฿389.38 Million +67.69%
2008-12-31 ฿232.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to Asia Green Energy 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 grown by 1243.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿1.71 Billion 59.50%
Common Stock ฿598.26 Million 20.83%
Other Comprehensive Income ฿59.83 Million 2.08%
Other Components ฿505.03 Million 17.59%
Total Equity ฿2.87 Billion 100.00%

Asia Green Energy Public Company Limited Competitors by Market Cap

The table below lists competitors of Asia Green Energy Public Company Limited ranked by their market capitalization.

Company Market Cap
MCE Holdings Bhd
KLSE:7004
 		$21.01 Million
Tigaraksa Satria Tbk
JK:TGKA
 		$21.01 Million
Shine Justice Ltd
AU:SHJ
 		$21.02 Million
Enjoei S.A
SA:ENJU3
 		$21.02 Million
Lagis Enterprise Co., Ltd.
TWO:6730
 		$21.00 Million
EURODRY LTD. DL -01
F:0LQ
 		$20.99 Million
myNEWS Holdings Bhd
KLSE:5275
 		$20.99 Million
FASOO.COM Co Ltd
KQ:150900
 		$20.98 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Asia Green Energy Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,342,289,065 to 2,871,794,304, a change of -470,494,761 (-14.1%).
  • Net loss of 221,183,425 reduced equity.
  • Dividend payments of 238,114,629 reduced retained earnings.
  • Other comprehensive income decreased equity by 16,895,900.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿-221.18 Million -7.7%
Dividends Paid ฿238.11 Million -8.29%
Other Comprehensive Income ฿-16.90 Million -0.59%
Other Changes ฿5.70 Million +0.2%
Total Change ฿- -14.08%

Book Value vs Market Value Analysis

This analysis compares Asia Green Energy 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: 0.48x
  • 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 2.73x to 0.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 ฿0.50 ฿1.37 x
2009-12-31 ฿0.57 ฿1.37 x
2010-12-31 ฿0.76 ฿1.37 x
2011-12-31 ฿1.04 ฿1.37 x
2012-12-31 ฿0.96 ฿1.37 x
2013-12-31 ฿0.97 ฿1.37 x
2014-12-31 ฿1.04 ฿1.37 x
2015-12-31 ฿1.12 ฿1.37 x
2016-12-31 ฿1.19 ฿1.37 x
2017-12-31 ฿1.18 ฿1.37 x
2018-12-31 ฿1.29 ฿1.37 x
2019-12-31 ฿1.52 ฿1.37 x
2020-12-31 ฿1.56 ฿1.37 x
2021-12-31 ฿2.06 ฿1.37 x
2022-12-31 ฿2.77 ฿1.37 x
2023-12-31 ฿2.79 ฿1.37 x
2024-12-31 ฿2.85 ฿1.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asia Green Energy 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): -7.70%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.50%
  • • Asset Turnover: 1.62x
  • • Equity Multiplier: 3.16x
  • Recent ROE (-7.70%) is below the historical average (13.82%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 53.27% 5.24% 1.76x 5.78x ฿100.45 Million
2009 2.64% 0.48% 1.38x 3.99x ฿-28.67 Million
2010 24.95% 4.51% 1.27x 4.37x ฿76.18 Million
2011 22.97% 4.96% 1.65x 2.80x ฿147.01 Million
2012 -2.19% -0.56% 1.35x 2.92x ฿-135.55 Million
2013 7.68% 1.89% 1.34x 3.03x ฿-28.78 Million
2014 -2.91% -0.54% 2.01x 2.66x ฿-159.67 Million
2015 8.20% 2.61% 1.56x 2.01x ฿-24.25 Million
2016 10.82% 3.31% 1.14x 2.88x ฿11.65 Million
2017 8.51% 2.03% 1.42x 2.95x ฿-21.11 Million
2018 8.25% 1.61% 1.60x 3.20x ฿-27.00 Million
2019 15.03% 4.40% 1.31x 2.61x ฿91.34 Million
2020 13.29% 3.14% 1.46x 2.90x ฿61.26 Million
2021 25.93% 4.95% 1.70x 3.08x ฿391.94 Million
2022 37.59% 6.63% 2.10x 2.70x ฿915.97 Million
2023 8.53% 2.16% 1.75x 2.26x ฿-49.13 Million
2024 -7.70% -1.50% 1.62x 3.16x ฿-508.36 Million

Industry Comparison

This section compares Asia Green Energy Public Company Limited's net assets metrics with peer companies in the Thermal Coal industry.

Industry Context

  • Industry: Thermal Coal
  • Average net assets among peers: $4,281,921,913
  • Average return on equity (ROE) among peers: -19.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Asia Green Energy Public Company Limited (AGE) ฿3.54 Billion 53.27% 1.43x $21.00 Million
Banpu Public Company Limited (BANPU) $6.61 Billion 0.00% 1.08x $1.41 Billion
Lanna Resources Public Company Limited (LANNA) $6.03 Billion 6.82% 0.54x $75.08 Million
Unique Mining Services Public Company Limited (UMS) $207.71 Million -66.09% 5.24x $1.21 Million