Asian Phytoceuticals Public Company Limited (APCO) - Net Assets

Latest as of December 2025: ฿560.19 Million THB ≈ $17.46 Million USD

Based on the latest financial reports, Asian Phytoceuticals Public Company Limited (APCO) has net assets worth ฿560.19 Million THB (≈ $17.46 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 (฿627.74 Million ≈ $19.57 Million USD) and total liabilities (฿67.54 Million ≈ $2.11 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. Check Asian Phytoceuticals Public Company Limi (APCO) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿560.19 Million
% of Total Assets	89.24%
Annual Growth Rate	8.85%
5-Year Change	-5.85%
10-Year Change	-13.7%
Growth Volatility	23.55

Asian Phytoceuticals Public Company Limited - Net Assets Trend (2007–2025)

This chart illustrates how Asian Phytoceuticals Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Asian Phytoceuticals Public Company Limi (APCO) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Asian Phytoceuticals Public Company Limited (2007–2025)

The table below shows the annual net assets of Asian Phytoceuticals Public Company Limited from 2007 to 2025. For live valuation and market cap data, see market value of Asian Phytoceuticals Public Company Limi.

Year	Net Assets	Change
2025-12-31	฿560.19 Million ≈ $17.46 Million	+0.08%
2024-12-31	฿559.72 Million ≈ $17.45 Million	-8.60%
2023-12-31	฿612.39 Million ≈ $19.09 Million	+0.31%
2022-12-31	฿610.51 Million ≈ $19.03 Million	+2.61%
2021-12-31	฿594.99 Million ≈ $18.55 Million	-0.08%
2020-12-31	฿595.46 Million ≈ $18.56 Million	+2.81%
2019-12-31	฿579.19 Million ≈ $18.05 Million	-5.69%
2018-12-31	฿614.16 Million ≈ $19.14 Million	-2.25%
2017-12-31	฿628.31 Million ≈ $19.58 Million	-3.20%
2016-12-31	฿649.10 Million ≈ $20.23 Million	+14.24%
2015-12-31	฿568.18 Million ≈ $17.71 Million	+10.32%
2014-12-31	฿515.04 Million ≈ $16.05 Million	+27.40%
2013-12-31	฿404.28 Million ≈ $12.60 Million	+7.14%
2012-12-31	฿377.34 Million ≈ $11.76 Million	+1.54%
2011-12-31	฿371.61 Million ≈ $11.58 Million	+99.87%
2010-12-31	฿185.93 Million ≈ $5.80 Million	+7.30%
2009-12-31	฿173.29 Million ≈ $5.40 Million	+22.20%
2008-12-31	฿141.80 Million ≈ $4.42 Million	+16.49%
2007-12-31	฿121.73 Million ≈ $3.79 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Asian Phytoceuticals 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 606.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿56.64 Million	10.17%
Other Components	฿500.32 Million	89.83%
Total Equity	฿556.96 Million	100.00%

Asian Phytoceuticals Public Company Limited Competitors by Market Cap

The table below lists competitors of Asian Phytoceuticals Public Company Limited ranked by their market capitalization.

Company	Market Cap
Thai Nippon Rubber Industry Public Co. Ltd BK:TNR	$48.62 Million
Bluebird bio Inc NASDAQ:BLUE	$48.67 Million
Quartiers Properties AB ST:QUART	$48.68 Million
Plastiblends India Limited NSE:PLASTIBLEN	$48.68 Million
Thai Reinsurance Public Company Limited BK:THRE	$48.61 Million
Scilex Holding Company NASDAQ:SCLX	$48.60 Million
Camus Engineering & Construction Inc KO:013700	$48.59 Million
Supra Boga Lestari Tbk JK:RANC	$48.59 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 556,823,023 to 556,961,609, a change of 138,586 (0.0%).
Net income of 55,412,575 contributed positively to equity growth.
Dividend payments of 55,163,347 reduced retained earnings.
Other comprehensive income decreased equity by 30,000,000.
Other factors increased equity by 29,889,358.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿55.41 Million	+9.95%
Dividends Paid	฿55.16 Million	-9.9%
Other Comprehensive Income	฿-30.00 Million	-5.39%
Other Changes	฿29.89 Million	+5.37%
Total Change	฿-	0.02%

Book Value vs Market Value Analysis

This analysis compares Asian Phytoceuticals 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: 2.80x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.12x to 2.80x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	฿0.83	฿2.60	x
2011-12-31	฿1.24	฿2.60	x
2012-12-31	฿0.80	฿2.60	x
2013-12-31	฿0.73	฿2.60	x
2014-12-31	฿0.99	฿2.60	x
2015-12-31	฿1.04	฿2.60	x
2016-12-31	฿1.17	฿2.60	x
2017-12-31	฿1.05	฿2.60	x
2018-12-31	฿1.02	฿2.60	x
2019-12-31	฿0.97	฿2.60	x
2020-12-31	฿0.99	฿2.60	x
2021-12-31	฿0.99	฿2.60	x
2022-12-31	฿1.01	฿2.60	x
2023-12-31	฿1.02	฿2.60	x
2024-12-31	฿0.94	฿2.60	x
2025-12-31	฿0.93	฿2.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asian Phytoceuticals 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): 9.95%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 27.68%
• Asset Turnover: 0.32x
• Equity Multiplier: 1.13x
Recent ROE (9.95%) is below the historical average (16.38%), 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	14.16%	14.30%	0.82x	1.21x	฿5.89 Million
2009	31.40%	18.72%	1.29x	1.30x	฿37.08 Million
2010	23.81%	17.31%	1.18x	1.17x	฿25.67 Million
2011	13.50%	17.25%	0.71x	1.10x	฿13.00 Million
2012	14.77%	19.49%	0.68x	1.12x	฿18.00 Million
2013	19.50%	22.62%	0.76x	1.13x	฿38.42 Million
2014	23.06%	27.89%	0.76x	1.09x	฿67.26 Million
2015	17.71%	24.59%	0.65x	1.11x	฿43.80 Million
2016	20.25%	31.19%	0.59x	1.10x	฿66.51 Million
2017	17.22%	26.03%	0.61x	1.08x	฿45.38 Million
2018	15.43%	25.62%	0.56x	1.08x	฿33.33 Million
2019	10.00%	23.38%	0.39x	1.09x	฿-14.93K
2020	11.75%	28.25%	0.36x	1.17x	฿10.43 Million
2021	11.55%	30.76%	0.33x	1.14x	฿9.20 Million
2022	13.31%	32.32%	0.37x	1.12x	฿20.12 Million
2023	17.63%	36.72%	0.42x	1.16x	฿46.52 Million
2024	9.83%	25.95%	0.33x	1.14x	฿-971.41K
2025	9.95%	27.68%	0.32x	1.13x	฿-283.59K

Industry Comparison

This section compares Asian Phytoceuticals Public Company Limited's net assets metrics with peer companies in the Household & Personal Products industry.

Industry Context

Industry: Household & Personal Products
Average net assets among peers: $1,269,878,675
Average return on equity (ROE) among peers: 10.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Asian Phytoceuticals Public Company Limited (APCO)	฿560.19 Million	14.16%	0.12x	$48.62 Million
Do Day Dream Public Company Limited (DDD)	$4.89 Billion	3.46%	0.09x	$47.73 Million
Jack Chia Industries (Thailand) Public Company Limited (JCT)	$469.88 Million	0.00%	0.05x	$34.71 Million
Karmarts Public Company Limited (KAMART)	$1.01 Billion	13.19%	0.51x	$299.67 Million
Moong Pattana International Public Company Limited (MOONG)	$293.48 Million	14.74%	0.67x	$23.63 Million
O.C.C. Public Company Limited (OCC)	$591.74 Million	16.89%	0.44x	$18.33 Million
Thai Nippon Rubber Industry Public Co. Ltd (TNR)	$364.66 Million	16.29%	2.20x	$48.62 Million

About Asian Phytoceuticals Public Company Limited

BK:APCO Thailand Household & Personal Products

Market Cap

$48.62 Million

฿1.56 Billion THB

Market Cap Rank

#22065 Global

#377 in Thailand

Share Price

฿2.60

Change (1 day)

-0.76%

52-Week Range

฿2.56 - ฿3.42

All Time High

฿8.10