Bangchak Corporation Public Company Limited (BCP) - Net Assets

Latest as of December 2025: ฿84.14 Billion THB ≈ $2.62 Billion USD

Based on the latest financial reports, Bangchak Corporation Public Company Limited (BCP) has net assets worth ฿84.14 Billion THB (≈ $2.62 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿298.81 Billion ≈ $9.31 Billion USD) and total liabilities (฿214.66 Billion ≈ $6.69 Billion 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 Bangchak Corporation Public Company Limi asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿84.14 Billion
% of Total Assets	28.16%
Annual Growth Rate	15.91%
5-Year Change	20.96%
10-Year Change	91.63%
Growth Volatility	47.06

Bangchak Corporation Public Company Limited - Net Assets Trend (2001–2025)

This chart illustrates how Bangchak Corporation Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Bangchak Corporation Public Company Limi asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Bangchak Corporation Public Company Limited (2001–2025)

The table below shows the annual net assets of Bangchak Corporation Public Company Limited from 2001 to 2025. For live valuation and market cap data, see BCP company net worth.

Year	Net Assets	Change
2025-12-31	฿84.14 Billion ≈ $2.62 Billion	-2.70%
2024-12-31	฿86.47 Billion ≈ $2.70 Billion	-13.55%
2023-12-31	฿100.03 Billion ≈ $3.12 Billion	+19.97%
2022-12-31	฿83.38 Billion ≈ $2.60 Billion	+19.87%
2021-12-31	฿69.56 Billion ≈ $2.17 Billion	+19.28%
2020-12-31	฿58.32 Billion ≈ $1.82 Billion	-0.85%
2019-12-31	฿58.82 Billion ≈ $1.83 Billion	+18.73%
2018-12-31	฿49.54 Billion ≈ $1.54 Billion	-4.98%
2017-12-31	฿52.13 Billion ≈ $1.62 Billion	+18.73%
2016-12-31	฿43.91 Billion ≈ $1.37 Billion	+22.02%
2015-12-31	฿35.98 Billion ≈ $1.12 Billion	+5.94%
2014-12-31	฿33.97 Billion ≈ $1.06 Billion	-2.90%
2013-12-31	฿34.98 Billion ≈ $1.09 Billion	+8.22%
2012-12-31	฿32.32 Billion ≈ $1.01 Billion	+8.18%
2011-12-31	฿29.88 Billion ≈ $931.32 Million	+10.45%
2010-12-31	฿27.05 Billion ≈ $843.18 Million	+4.23%
2009-12-31	฿25.95 Billion ≈ $808.94 Million	+31.32%
2008-12-31	฿19.76 Billion ≈ $616.00 Million	-6.89%
2007-12-31	฿21.22 Billion ≈ $661.55 Million	+13.81%
2006-12-31	฿18.65 Billion ≈ $581.26 Million	+44.90%
2005-12-31	฿12.87 Billion ≈ $401.16 Million	+31.59%
2004-12-31	฿9.78 Billion ≈ $304.86 Million	+219.92%
2003-12-31	฿3.06 Billion ≈ $95.29 Million	-33.34%
2002-12-31	฿4.59 Billion ≈ $142.95 Million	+88.64%
2001-12-31	฿2.43 Billion ≈ $75.78 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Bangchak Corporation 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 5803606642400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿49.68 Billion	74.22%
Other Components	฿17.25 Billion	25.78%
Total Equity	฿66.94 Billion	100.00%

Bangchak Corporation Public Company Limited Competitors by Market Cap

The table below lists competitors of Bangchak Corporation Public Company Limited ranked by their market capitalization.

Company	Market Cap
eToro Group Ltd. NASDAQ:ETOR	$1.64 Billion
Gree Real Estate Co Ltd SHG:600185	$1.64 Billion
Modern Times Group Mtg AB ST:MTG-B	$1.64 Billion
TXC Corp TW:3042	$1.64 Billion
Zhuzhou Times New Material Technology Co Ltd SHG:600458	$1.64 Billion
Chinese Universe Publishing And Media Co Ltd SHG:600373	$1.64 Billion
Merchants Bancorp NASDAQ:MBIN	$1.64 Billion
Youngone Holdi KO:009970	$1.64 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 59,744,519,769 to 66,936,389,628, a change of 7,191,869,859 (12.0%).
Net income of 2,879,701,307 contributed positively to equity growth.
Dividend payments of 1,053,002,350 reduced retained earnings.
Other comprehensive income decreased equity by 4,353,825,430.
Other factors increased equity by 9,718,996,332.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿2.88 Billion	+4.3%
Dividends Paid	฿1.05 Billion	-1.57%
Other Comprehensive Income	฿-4.35 Billion	-6.5%
Other Changes	฿9.72 Billion	+14.52%
Total Change	฿-	12.04%

Book Value vs Market Value Analysis

This analysis compares Bangchak Corporation 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: 0.79x
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 7.68x to 0.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	฿4.66	฿35.75	x
2002-12-31	฿8.77	฿35.75	x
2003-12-31	฿5.86	฿35.75	x
2004-12-31	฿10.87	฿35.75	x
2005-12-31	฿15.26	฿35.75	x
2006-12-31	฿16.37	฿35.75	x
2007-12-31	฿16.16	฿35.75	x
2008-12-31	฿15.05	฿35.75	x
2009-12-31	฿19.70	฿35.75	x
2010-12-31	฿20.48	฿35.75	x
2011-12-31	฿22.46	฿35.75	x
2012-12-31	฿23.34	฿35.75	x
2013-12-31	฿25.22	฿35.75	x
2014-12-31	฿24.19	฿35.75	x
2015-12-31	฿25.77	฿35.75	x
2016-12-31	฿28.72	฿35.75	x
2017-12-31	฿33.15	฿35.75	x
2018-12-31	฿31.02	฿35.75	x
2019-12-31	฿37.50	฿35.75	x
2020-12-31	฿34.14	฿35.75	x
2021-12-31	฿39.37	฿35.75	x
2022-12-31	฿46.17	฿35.75	x
2023-12-31	฿52.52	฿35.75	x
2024-12-31	฿43.39	฿35.75	x
2025-12-31	฿45.45	฿35.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bangchak Corporation 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): 4.30%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.57%
• Asset Turnover: 1.69x
• Equity Multiplier: 4.46x
Recent ROE (4.30%) is above the historical average (3.36%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	-122.87%	-6.15%	1.84x	10.86x	฿-3.23 Billion
2002	11.63%	1.03%	1.80x	6.30x	฿74.98 Million
2003	-42.50%	-2.09%	2.17x	9.35x	฿-1.60 Billion
2004	26.96%	3.29%	2.33x	3.51x	฿1.66 Billion
2005	22.74%	3.38%	2.53x	2.66x	฿1.64 Billion
2006	1.05%	0.21%	2.54x	2.02x	฿-1.67 Billion
2007	8.31%	1.85%	2.12x	2.12x	฿-358.66 Million
2008	-3.81%	-0.58%	3.03x	2.15x	฿-2.73 Billion
2009	29.09%	6.92%	2.02x	2.08x	฿4.94 Billion
2010	10.46%	2.06%	2.18x	2.32x	฿124.03 Million
2011	18.87%	3.54%	2.57x	2.07x	฿2.64 Billion
2012	13.29%	2.59%	2.33x	2.20x	฿1.06 Billion
2013	13.40%	2.49%	2.58x	2.08x	฿1.18 Billion
2014	2.14%	0.39%	2.38x	2.31x	฿-2.62 Billion
2015	11.70%	2.75%	1.84x	2.31x	฿602.67 Million
2016	12.07%	3.30%	1.42x	2.57x	฿819.11 Million
2017	12.66%	3.36%	1.51x	2.50x	฿1.21 Billion
2018	5.77%	1.28%	1.64x	2.75x	฿-1.81 Billion
2019	4.82%	1.31%	1.49x	2.48x	฿-2.67 Billion
2020	-12.44%	-4.23%	0.92x	3.20x	฿-10.41 Billion
2021	14.26%	3.82%	0.99x	3.77x	฿2.28 Billion
2022	20.05%	4.03%	1.29x	3.86x	฿6.30 Billion
2023	18.35%	3.43%	1.13x	4.72x	฿6.02 Billion
2024	3.66%	0.38%	1.82x	5.30x	฿-3.79 Billion
2025	4.30%	0.57%	1.69x	4.46x	฿-3.81 Billion

Industry Comparison

This section compares Bangchak Corporation Public Company Limited's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.

Industry Context

Industry: Oil & Gas Refining & Marketing
Average net assets among peers: $31,736,621,538
Average return on equity (ROE) among peers: 1.22%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bangchak Corporation Public Company Limited (BCP)	฿84.14 Billion	-122.87%	2.55x	$1.64 Billion
Esso (Thailand) Public Company Limited (BSRC)	$12.34 Billion	-83.52%	4.18x	$332.25 Million
IRPC Public Company Limited (IRPC)	$75.93 Billion	5.41%	0.74x	$1.35 Billion
IRPC Public Company Limited (IRPC-R)	$76.12 Billion	-3.84%	1.53x	$814.31 Million
Sea Oil Public Company Limited (SEAOIL)	$1.35 Billion	-0.06%	1.03x	$81.08 Million
Siamgas and Petrochemicals Public Company Limited (SGP)	$4.21 Billion	25.98%	0.90x	$486.92 Million
Siamgas and Petrochemicals Public Company Limited (SGP-R)	$909.37 Million	24.68%	5.57x	$378.08 Million
Star Petroleum Refining Co Ltd (SPRC)	$41.72 Billion	20.83%	0.44x	$993.33 Million
Susco Public Company Limited (SUSCO)	$1.36 Billion	4.70%	0.47x	$59.81 Million
Thai Oil Public Company Limited (TOP)	$71.69 Billion	16.83%	0.92x	$3.34 Billion

About Bangchak Corporation Public Company Limited

BK:BCP Thailand Oil & Gas Refining & Marketing

Market Cap

$1.64 Billion

฿52.55 Billion THB

Market Cap Rank

#7014 Global

#48 in Thailand

Share Price

฿35.75

Change (1 day)

-0.69%

52-Week Range

฿25.00 - ฿40.00

All Time High

฿45.99