Asia Precision Public Company Limited
Asia Precision Public Company Limited, together with its subsidiaries, engages in the manufacture and sale of metal parts in Thailand and internationally. It is also involved in the provision of engineering, automation, project construction, and maintenance services for renewable energy power plants; construction consultation and engineering procurement services; trading, mining, and exchanging c… Read more
Asia Precision Public Company Limited (APCS) - Net Assets
Latest net assets as of September 2025: ฿1.54 Billion THB
Based on the latest financial reports, Asia Precision Public Company Limited (APCS) has net assets worth ฿1.54 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 (฿3.08 Billion) and total liabilities (฿1.54 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 | ฿1.54 Billion |
| % of Total Assets | 49.95% |
| Annual Growth Rate | 9.44% |
| 5-Year Change | -3.44% |
| 10-Year Change | 51.8% |
| Growth Volatility | 24.37 |
Asia Precision Public Company Limited - Net Assets Trend (2010–2024)
This chart illustrates how Asia Precision 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 Precision Public Company Limited (2010–2024)
The table below shows the annual net assets of Asia Precision Public Company Limited from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.73 Billion | -3.47% |
| 2023-12-31 | ฿1.79 Billion | -15.80% |
| 2022-12-31 | ฿2.13 Billion | +8.42% |
| 2021-12-31 | ฿1.96 Billion | +9.58% |
| 2020-12-31 | ฿1.79 Billion | -4.53% |
| 2019-12-31 | ฿1.88 Billion | +10.23% |
| 2018-12-31 | ฿1.70 Billion | +15.69% |
| 2017-12-31 | ฿1.47 Billion | +6.92% |
| 2016-12-31 | ฿1.38 Billion | +20.76% |
| 2015-12-31 | ฿1.14 Billion | +40.78% |
| 2014-12-31 | ฿809.04 Million | -8.21% |
| 2013-12-31 | ฿881.44 Million | -7.43% |
| 2012-12-31 | ฿952.23 Million | +5.56% |
| 2011-12-31 | ฿902.04 Million | +84.38% |
| 2010-12-31 | ฿489.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Asia Precision 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 146.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿529.94 Million | 30.78% |
| Common Stock | ฿660.00 Million | 38.33% |
| Other Comprehensive Income | ฿66.00 Million | 3.83% |
| Other Components | ฿465.74 Million | 27.05% |
| Total Equity | ฿1.72 Billion | 100.00% |
Asia Precision Public Company Limited Competitors by Market Cap
The table below lists competitors of Asia Precision Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thai Rubber Latex Group Public Company Limited
BK:TRUBB
|
$12.58 Million |
|
Laredo Oil Inc
PINK:LRDC
|
$12.59 Million |
|
Blue Sky Uranium Corp
OTCQB:BKUCF
|
$12.59 Million |
|
Klondike Gold Corp
OTCQB:KDKGF
|
$12.59 Million |
|
Healthconn Corp.
TWO:6665
|
$12.58 Million |
|
iZafe Group AB Series B
ST:IZAFE-B
|
$12.58 Million |
|
AlzeCure Pharma
ST:ALZCUR
|
$12.56 Million |
|
Rocky Mountain Chocolate Factory
NASDAQ:RMCF
|
$12.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Asia Precision Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,784,322,488 to 1,721,683,182, a change of -62,639,306 (-3.5%).
- Net loss of 57,601,147 reduced equity.
- Other comprehensive income decreased equity by 702,450.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-57.60 Million | -3.35% |
| Other Comprehensive Income | ฿-702.45K | -0.04% |
| Other Changes | ฿-4.34 Million | -0.25% |
| Total Change | ฿- | -3.51% |
Book Value vs Market Value Analysis
This analysis compares Asia Precision 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: 0.46x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿2.42 | ฿1.20 | x |
| 2011-12-31 | ฿3.30 | ฿1.20 | x |
| 2012-12-31 | ฿2.86 | ฿1.20 | x |
| 2013-12-31 | ฿2.65 | ฿1.20 | x |
| 2014-12-31 | ฿1.36 | ฿1.20 | x |
| 2015-12-31 | ฿3.17 | ฿1.20 | x |
| 2016-12-31 | ฿1.81 | ฿1.20 | x |
| 2017-12-31 | ฿2.00 | ฿1.20 | x |
| 2018-12-31 | ฿2.33 | ฿1.20 | x |
| 2019-12-31 | ฿2.59 | ฿1.20 | x |
| 2020-12-31 | ฿2.70 | ฿1.20 | x |
| 2021-12-31 | ฿2.96 | ฿1.20 | x |
| 2022-12-31 | ฿2.76 | ฿1.20 | x |
| 2023-12-31 | ฿2.70 | ฿1.20 | x |
| 2024-12-31 | ฿2.61 | ฿1.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Asia Precision 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): -3.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.31%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.98x
- Recent ROE (-3.35%) is below the historical average (5.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 29.12% | 15.69% | 0.94x | 1.97x | ฿93.53 Million |
| 2011 | 9.96% | 10.16% | 0.66x | 1.49x | ฿-324.64K |
| 2012 | 10.75% | 9.47% | 0.67x | 1.68x | ฿7.09 Million |
| 2013 | -1.86% | -1.68% | 0.68x | 1.62x | ฿-103.79 Million |
| 2014 | -8.74% | -8.87% | 0.66x | 1.50x | ฿-151.60 Million |
| 2015 | -0.66% | -0.91% | 0.57x | 1.25x | ฿-121.38 Million |
| 2016 | 4.65% | 5.64% | 0.58x | 1.43x | ฿-63.88 Million |
| 2017 | 11.23% | 11.55% | 0.69x | 1.42x | ฿16.30 Million |
| 2018 | 14.39% | 8.94% | 0.86x | 1.88x | ฿67.58 Million |
| 2019 | 13.97% | 8.56% | 0.89x | 1.83x | ฿67.85 Million |
| 2020 | 0.50% | 0.41% | 0.67x | 1.78x | ฿-169.57 Million |
| 2021 | 10.77% | 9.70% | 0.61x | 1.82x | ฿15.14 Million |
| 2022 | -11.71% | -11.74% | 0.40x | 2.47x | ฿-395.65 Million |
| 2023 | 5.55% | 6.58% | 0.40x | 2.12x | ฿-79.36 Million |
| 2024 | -3.35% | -4.31% | 0.39x | 1.98x | ฿-229.77 Million |
Industry Comparison
This section compares Asia Precision Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,949,832,850
- Average return on equity (ROE) among peers: 6.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Asia Precision Public Company Limited (APCS) | ฿1.54 Billion | 29.12% | 1.00x | $12.58 Million |
| AMR Asia Public Company Limited (AMR) | $885.39 Million | -12.37% | 0.82x | $2.67 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $77.07 Million | 19.04% | 2.60x | $4.97 Million |
| Civil Engineering PCL (CIVIL) | $772.10 Million | 24.95% | 7.45x | $4.32 Million |
| CH. Karnchang PCL (CK) | $25.83 Billion | 9.66% | 2.23x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $4.32 Billion | 6.60% | 2.55x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.24 Billion | 0.31% | 1.70x | $8.20 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $356.04 Million | -4.00% | 2.34x | $1.70 Million |
| Demco Public Company Limited (DEMCO) | $1.05 Billion | 8.50% | 0.87x | $19.24 Million |
| EMC Public Company Limited (EMC) | $1.02 Billion | 9.69% | 0.99x | $3.14 Million |