Akkhie Prakarn Public Company Limited (AKP) - Net Assets
Based on the latest financial reports, Akkhie Prakarn Public Company Limited (AKP) has net assets worth ฿693.91 Million THB (≈ $21.63 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿808.79 Million ≈ $25.21 Million USD) and total liabilities (฿114.88 Million ≈ $3.58 Million USD). 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. Explore cash flow conversion of Akkhie Prakarn Public Company Limited to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿693.91 Million |
| % of Total Assets | 85.8% |
| Annual Growth Rate | 11.46% |
| 5-Year Change | 17.29% |
| 10-Year Change | 48.53% |
| Growth Volatility | 23.61 |
Akkhie Prakarn Public Company Limited - Net Assets Trend (2011–2025)
This chart illustrates how Akkhie Prakarn Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore Akkhie Prakarn Public Company Limited (AKP) investment intensity to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Akkhie Prakarn Public Company Limited (2011–2025)
The table below shows the annual net assets of Akkhie Prakarn Public Company Limited from 2011 to 2025. For live valuation and market cap data, see AKP market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿693.91 Million ≈ $21.63 Million |
+7.96% |
| 2024-12-31 | ฿642.76 Million ≈ $20.03 Million |
+5.45% |
| 2023-12-31 | ฿609.56 Million ≈ $19.00 Million |
+1.03% |
| 2022-12-31 | ฿603.33 Million ≈ $18.81 Million |
+1.98% |
| 2021-12-31 | ฿591.64 Million ≈ $18.44 Million |
+6.78% |
| 2020-12-31 | ฿554.09 Million ≈ $17.27 Million |
+3.86% |
| 2019-12-31 | ฿533.49 Million ≈ $16.63 Million |
+0.93% |
| 2018-12-31 | ฿528.60 Million ≈ $16.48 Million |
+6.83% |
| 2017-12-31 | ฿494.79 Million ≈ $15.42 Million |
+5.91% |
| 2016-12-31 | ฿467.18 Million ≈ $14.56 Million |
+5.87% |
| 2015-12-31 | ฿441.28 Million ≈ $13.75 Million |
+7.14% |
| 2014-12-31 | ฿411.87 Million ≈ $12.84 Million |
+7.24% |
| 2013-12-31 | ฿384.05 Million ≈ $11.97 Million |
+94.88% |
| 2012-12-31 | ฿197.07 Million ≈ $6.14 Million |
+29.76% |
| 2011-12-31 | ฿151.87 Million ≈ $4.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Akkhie Prakarn 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 35894295000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿350.81 Million | 50.56% |
| Other Components | ฿343.10 Million | 49.44% |
| Total Equity | ฿693.91 Million | 100.00% |
Akkhie Prakarn Public Company Limited Competitors by Market Cap
The table below lists competitors of Akkhie Prakarn Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Phoenix Motor Inc. Common Stock
NASDAQ:PEV
|
$9.20 Million |
|
RENALYTIX PLC LS-0025
F:2O9
|
$9.20 Million |
|
Energy Technologies Ltd
AU:EGY
|
$9.20 Million |
|
Top Shelf International Holdings Ltd
AU:TSI
|
$9.20 Million |
|
Intelicanna Ltd
TA:INTL
|
$9.19 Million |
|
CPL Group Public Company Limited
BK:CPL
|
$9.19 Million |
|
Inotiv Inc
NASDAQ:NOTV
|
$9.18 Million |
|
Resources & Energy Group Ltd
AU:REZ
|
$9.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Akkhie Prakarn Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 642,760,966 to 693,912,366, a change of 51,151,400 (8.0%).
- Net income of 71,361,344 contributed positively to equity growth.
- Dividend payments of 14,947,830 reduced retained earnings.
- Other comprehensive income decreased equity by 21,636,080.
- Other factors increased equity by 16,373,966.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿71.36 Million | +10.28% |
| Dividends Paid | ฿14.95 Million | -2.15% |
| Other Comprehensive Income | ฿-21.64 Million | -3.12% |
| Other Changes | ฿16.37 Million | +2.36% |
| Total Change | ฿- | 7.96% |
Book Value vs Market Value Analysis
This analysis compares Akkhie Prakarn 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: 0.43x
- 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 1.37x to 0.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿0.53 | ฿0.73 | x |
| 2012-12-31 | ฿0.62 | ฿0.73 | x |
| 2013-12-31 | ฿1.09 | ฿0.73 | x |
| 2014-12-31 | ฿1.02 | ฿0.73 | x |
| 2015-12-31 | ฿1.09 | ฿0.73 | x |
| 2016-12-31 | ฿1.16 | ฿0.73 | x |
| 2017-12-31 | ฿1.22 | ฿0.73 | x |
| 2018-12-31 | ฿1.31 | ฿0.73 | x |
| 2019-12-31 | ฿1.32 | ฿0.73 | x |
| 2020-12-31 | ฿1.37 | ฿0.73 | x |
| 2021-12-31 | ฿1.46 | ฿0.73 | x |
| 2022-12-31 | ฿1.49 | ฿0.73 | x |
| 2023-12-31 | ฿1.51 | ฿0.73 | x |
| 2024-12-31 | ฿1.59 | ฿0.73 | x |
| 2025-12-31 | ฿1.72 | ฿0.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Akkhie Prakarn 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): 10.28%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.98%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.17x
- Recent ROE (10.28%) is below the historical average (11.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 32.95% | 17.71% | 1.27x | 1.47x | ฿34.85 Million |
| 2012 | 24.39% | 13.24% | 1.20x | 1.53x | ฿28.36 Million |
| 2013 | 10.97% | 8.70% | 0.91x | 1.39x | ฿3.74 Million |
| 2014 | 11.90% | 9.11% | 0.98x | 1.33x | ฿7.81 Million |
| 2015 | 12.48% | 10.60% | 0.93x | 1.26x | ฿10.94 Million |
| 2016 | 11.60% | 10.34% | 0.91x | 1.23x | ฿7.45 Million |
| 2017 | 10.94% | 10.07% | 0.89x | 1.22x | ฿4.67 Million |
| 2018 | 11.54% | 10.96% | 0.87x | 1.21x | ฿8.12 Million |
| 2019 | 5.87% | 7.50% | 0.66x | 1.18x | ฿-22.05 Million |
| 2020 | 6.25% | 9.97% | 0.50x | 1.26x | ฿-20.76 Million |
| 2021 | 7.92% | 12.48% | 0.52x | 1.22x | ฿-12.32 Million |
| 2022 | 4.85% | 7.81% | 0.52x | 1.21x | ฿-31.05 Million |
| 2023 | 2.77% | 4.68% | 0.50x | 1.18x | ฿-44.10 Million |
| 2024 | 5.66% | 10.52% | 0.46x | 1.16x | ฿-27.92 Million |
| 2025 | 10.28% | 17.98% | 0.49x | 1.17x | ฿1.97 Million |
Industry Comparison
This section compares Akkhie Prakarn Public Company Limited's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $2,404,208,341
- Average return on equity (ROE) among peers: 5.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Akkhie Prakarn Public Company Limited (AKP) | ฿693.91 Million | 32.95% | 0.17x | $9.19 Million |
| Better World Green Public Company Limited (BWG) | $3.70 Billion | 6.83% | 0.61x | $57.86 Million |
| General Environmental Conservation Public Company Limited (GENCO) | $1.10 Billion | 3.93% | 0.25x | $11.40 Million |
About Akkhie Prakarn Public Company Limited
Akkhie Prakarn Public Company Limited engages in the hazardous waste incineration business in Thailand. It offers industrial waste incinerator, pollution control, waste transportation, hazardous waste quality improvement, continuous monitoring, and laboratory analysis system services. The company was founded in 2008 and is based in Samut Prakan, Thailand. Akkhie Prakarn Public Company Limited is … Read more