BBGI PCL
BBGI Public Company Limited, together with its subsidiaries, manufactures and distributes biofuel and related products in Thailand. It operates in three segments: Biodiesel, Ethanol, and Others. The company offers biodiesel products, such as glycerine and methyl ester products; and bioethanol products. It also provides bio-based products. BBGI Public Company Limited was incorporated in 2018 and i… Read more
BBGI PCL (BBGI) - Net Assets
Latest net assets as of September 2025: ฿9.27 Billion THB
Based on the latest financial reports, BBGI PCL (BBGI) has net assets worth ฿9.27 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 (฿12.60 Billion) and total liabilities (฿3.33 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 | ฿9.27 Billion |
| % of Total Assets | 73.54% |
| Annual Growth Rate | 20.97% |
| 5-Year Change | 43.91% |
| 10-Year Change | N/A |
| Growth Volatility | 45.84 |
BBGI PCL - Net Assets Trend (2016–2024)
This chart illustrates how BBGI PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BBGI PCL (2016–2024)
The table below shows the annual net assets of BBGI PCL from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿9.36 Billion | -5.80% |
| 2023-12-31 | ฿9.94 Billion | -3.35% |
| 2022-12-31 | ฿10.28 Billion | +48.91% |
| 2021-12-31 | ฿6.90 Billion | +6.14% |
| 2020-12-31 | ฿6.50 Billion | +17.46% |
| 2019-12-31 | ฿5.54 Billion | +8.81% |
| 2018-12-31 | ฿5.09 Billion | +3.60% |
| 2017-12-31 | ฿4.91 Billion | +140.71% |
| 2016-12-31 | ฿2.04 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to BBGI PCL'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 462.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.92 Billion | 20.64% |
| Other Components | ฿7.38 Billion | 79.36% |
| Total Equity | ฿9.30 Billion | 100.00% |
BBGI PCL Competitors by Market Cap
The table below lists competitors of BBGI PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petra Diamonds Limited
PINK:PDLMF
|
$40.95 Million |
|
SIFCO Industries Inc
NYSE MKT:SIF
|
$40.95 Million |
|
Rectron Ltd
TW:2302
|
$40.96 Million |
|
Wave Electronics Co. Ltd
KQ:095270
|
$40.96 Million |
|
Suria Capital Holdings Bhd
KLSE:6521
|
$40.92 Million |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
$40.90 Million |
|
BRAIN Biotech AG
XETRA:BNN
|
$40.90 Million |
|
Instabank ASA
OL:INSTA
|
$40.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BBGI PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,397,078,225 to 9,303,351,312, a change of -93,726,913 (-1.0%).
- Net income of 215,074,630 contributed positively to equity growth.
- Dividend payments of 72,299,295 reduced retained earnings.
- Other comprehensive income increased equity by 1,339,735,696.
- Other factors decreased equity by 1,576,237,944.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿215.07 Million | +2.31% |
| Dividends Paid | ฿72.30 Million | -0.78% |
| Other Comprehensive Income | ฿1.34 Billion | +14.4% |
| Other Changes | ฿-1.58 Billion | -16.94% |
| Total Change | ฿- | -1.00% |
Book Value vs Market Value Analysis
This analysis compares BBGI PCL'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: 0.65x
- 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 1.19x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ฿3.51 | ฿4.16 | x |
| 2017-12-31 | ฿6.77 | ฿4.16 | x |
| 2018-12-31 | ฿3.31 | ฿4.16 | x |
| 2019-12-31 | ฿7.16 | ฿4.16 | x |
| 2020-12-31 | ฿8.32 | ฿4.16 | x |
| 2021-12-31 | ฿12.67 | ฿4.16 | x |
| 2022-12-31 | ฿6.72 | ฿4.16 | x |
| 2023-12-31 | ฿6.50 | ฿4.16 | x |
| 2024-12-31 | ฿6.43 | ฿4.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BBGI PCL 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): 2.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.97%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 1.48x
- Recent ROE (2.31%) is below the historical average (5.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.02% | 1.73% | 1.37x | 2.96x | ฿-52.09 Million |
| 2017 | 3.57% | 2.05% | 0.91x | 1.91x | ฿-297.92 Million |
| 2018 | 3.17% | 1.55% | 1.04x | 1.96x | ฿-327.05 Million |
| 2019 | 7.48% | 3.86% | 0.87x | 2.22x | ฿-130.42 Million |
| 2020 | 14.04% | 6.72% | 0.99x | 2.12x | ฿243.40 Million |
| 2021 | 14.97% | 6.81% | 1.09x | 2.01x | ฿318.68 Million |
| 2022 | 1.00% | 0.72% | 0.95x | 1.45x | ฿-874.72 Million |
| 2023 | 0.10% | 0.07% | 1.01x | 1.45x | ฿-929.84 Million |
| 2024 | 2.31% | 0.97% | 1.62x | 1.48x | ฿-715.26 Million |
Industry Comparison
This section compares BBGI PCL's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $8,228,750,737
- Average return on equity (ROE) among peers: -8.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BBGI PCL (BBGI) | ฿9.27 Billion | 7.02% | 0.36x | $40.92 Million |
| Asia Biomass Public Company Limited (ABM) | $43.81 Million | -152.12% | 14.65x | $1.41 Million |
| Absolute Clean Energy PCL (ACE) | $6.69 Billion | 1.63% | 0.75x | $77.52 Million |
| ABSOLUTE CLEAN ENERGY (ACE-R) | $5.11 Billion | 8.31% | 1.75x | $79.91 Million |
| BCPG Public Company Limited (BCPG) | $15.56 Billion | 11.58% | 1.39x | $227.55 Million |
| Clover Power PCL (CV) | $206.00 Million | 17.60% | 1.54x | $553.20K |
| Energy Absolute Public Company Limited (EA) | $44.01 Billion | 17.28% | 1.60x | $418.38 Million |
| Earth Tech Environment Public Company Limited (ETC) | $222.14 Million | -9.24% | 1.12x | $14.43 Million |
| Green Resources Public Company Limited (GREEN) | $90.99 Million | 23.56% | 0.34x | $7.25 Million |
| Meta Corporation Public Company Limited (META) | $2.13 Billion | 4.02% | 1.05x | $2.59 Million |