ASIAN PALM OIL PUBLIC COMPANY LIMITED
Asian Palm Oil Public Company Limited produces and sells crude palm oil by purchasing palm fruit from local farmers in Thailand. It also offers dried palm kernels; and by-products, such as palm kernel shells, empty fruit bunches, palm acid oil, and palm fiber. In addition, the company generates electricity through its biogas project. Asian Palm Oil Public Company Limited was incorporated in 1983 … Read more
ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) - Net Assets
Latest net assets as of June 2024: ฿395.16 Million THB
Based on the latest financial reports, ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) has net assets worth ฿395.16 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿525.91 Million) and total liabilities (฿130.75 Million). 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 | ฿395.16 Million |
| % of Total Assets | 75.14% |
| Annual Growth Rate | 5.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
ASIAN PALM OIL PUBLIC COMPANY LIMITED - Net Assets Trend (2022–2023)
This chart illustrates how ASIAN PALM OIL 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 ASIAN PALM OIL PUBLIC COMPANY LIMITED (2022–2023)
The table below shows the annual net assets of ASIAN PALM OIL PUBLIC COMPANY LIMITED from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿237.14 Million | +5.97% |
| 2022-12-31 | ฿223.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASIAN PALM OIL 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 13.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿106.59 Million | 44.95% |
| Other Components | ฿130.55 Million | 55.05% |
| Total Equity | ฿237.14 Million | 100.00% |
ASIAN PALM OIL PUBLIC COMPANY LIMITED Competitors by Market Cap
The table below lists competitors of ASIAN PALM OIL PUBLIC COMPANY LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quetta Acquisition Corporation Unit
NASDAQ:QETAU
|
$9.36 Million |
|
Trinity Watthana Public Company Limited
BK:TNITY
|
$9.36 Million |
|
Prakit Holdings Public Company Limited
BK:PRAKIT
|
$9.36 Million |
|
Reka Industrial Oyj
HE:REKA
|
$9.36 Million |
|
Zodiac Gold Inc.
V:ZAU
|
$9.36 Million |
|
FUJI SEIKI CO.
F:12K
|
$9.36 Million |
|
WEIHAI CITY COMM.BK H 1
F:8K0
|
$9.35 Million |
|
KBC Global Limited
NSE:KBCGLOBAL
|
$9.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASIAN PALM OIL PUBLIC COMPANY LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 223,792,879 to 237,143,346, a change of 13,350,467 (6.0%).
- Net income of 12,988,273 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿12.99 Million | +5.48% |
| Other Changes | ฿362.19K | +0.15% |
| Total Change | ฿- | 5.97% |
Book Value vs Market Value Analysis
This analysis compares ASIAN PALM OIL 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: 3.44x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.65x to 3.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ฿0.66 | ฿2.40 | x |
| 2023-12-31 | ฿0.70 | ฿2.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASIAN PALM OIL 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): 5.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.88%
- • Asset Turnover: 4.48x
- • Equity Multiplier: 1.40x
- Recent ROE (5.48%) is below the historical average (9.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 12.62% | 1.38% | 5.98x | 1.53x | ฿5.87 Million |
| 2023 | 5.48% | 0.88% | 4.48x | 1.40x | ฿-10.73 Million |
Industry Comparison
This section compares ASIAN PALM OIL PUBLIC COMPANY LIMITED's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,911,692,702
- Average return on equity (ROE) among peers: 12.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) | ฿395.16 Million | 12.62% | 0.33x | $9.36 Million |
| Asian Alliance International PCL (AAI) | $4.88 Billion | 7.84% | 0.15x | $43.65 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $3.50 Billion | 23.39% | 0.78x | $49.87 Million |
| Bioscience Animal Health PCL (BIS) | $790.50 Million | 6.41% | 0.55x | $4.82 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $2.07 Billion | 0.95% | 1.32x | $8.09 Million |
| Chin Huay PCL (CH) | $1.37 Billion | 9.31% | 0.40x | $13.66 Million |
| CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED (CHAO) | $597.83 Million | 27.03% | 0.46x | $12.59 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.39 Billion | 14.18% | 0.11x | $3.48 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.37 Billion | 7.17% | 0.11x | $6.08 Million |
| Thai Coconut Public Company Limited (COCOCO) | $1.24 Billion | 19.55% | 1.47x | $49.18 Million |