BCPG Public Company Limited

BK:BCPG Thailand Utilities - Renewable
Market Cap
$552.93 Million
฿19.17 Billion THB
Market Cap Rank
#14278 Global
#88 in Thailand
Share Price
฿6.40
Change (1 day)
+2.40%
52-Week Range
฿5.30 - ฿9.55
All Time High
฿22.97
Categories
Companies in Thailand Utilities - Renewable
About

BCPG Public Company Limited, a renewable energy company, engages in the solar power, hydropower, wind power, and natural gas businesses in Thailand, Japan, Laos, and Taiwan. It operates through Production and Distribution of Electricity; and Oil Storage and Seaport Service segments. The company offers smart energy solutions, including blockchain-based peer-to-peer energy trading project; energy m… Read more

BCPG Public Company Limited (BCPG) - Net Assets

Latest net assets as of December 2025: ฿28.42 Billion THB

Based on the latest financial reports, BCPG Public Company Limited (BCPG) has net assets worth ฿28.42 Billion THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿57.58 Billion) and total liabilities (฿29.15 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 ฿28.42 Billion
% of Total Assets 49.37%
Annual Growth Rate N/A
5-Year Change 4.39%
10-Year Change 110.29%
Growth Volatility 35.57

BCPG Public Company Limited - Net Assets Trend (2013–2025)

This chart illustrates how BCPG 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 BCPG Public Company Limited (2013–2025)

The table below shows the annual net assets of BCPG Public Company Limited from 2013 to 2025.

Year Net Assets Change
2025-12-31 ฿28.42 Billion -8.09%
2024-12-31 ฿30.93 Billion +4.44%
2023-12-31 ฿29.61 Billion +1.15%
2022-12-31 ฿29.28 Billion +7.52%
2021-12-31 ฿27.23 Billion +20.75%
2020-12-31 ฿22.55 Billion +44.96%
2019-12-31 ฿15.56 Billion +2.73%
2018-12-31 ฿15.14 Billion +5.38%
2017-12-31 ฿14.37 Billion +6.30%
2016-12-31 ฿13.52 Billion --
2015-12-31 ฿0.00 --
2014-12-31 ฿4.80 Billion --
2013-12-31 ฿0.00 --

Equity Component Analysis

This analysis shows how different components contribute to BCPG 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 722885847500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ฿7.23 Billion 25.66%
Other Components ฿20.94 Billion 74.34%
Total Equity ฿28.17 Billion 100.00%

BCPG Public Company Limited Competitors by Market Cap

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

Company Market Cap
BYBON Group Co Ltd Class A
SHE:300736
 		$229.54 Million
Hubei Guangji Pharmaceutical Co Ltd
SHE:000952
 		$229.65 Million
Chongqing VDL Electronics Co. Ltd. A
SHE:301121
 		$229.70 Million
Andes Technology Corp
TW:6533
 		$230.03 Million
Akcansa Cimento Sanayi ve Ticaret AS
IS:AKCNS
 		$229.30 Million
ToolGen Inc.
KQ:199800
 		$229.27 Million
Inzone Group Co Ltd
SHG:600858
 		$229.27 Million
Medistim ASA
OL:MEDI
 		$229.18 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 30,711,164,787 to 28,169,116,633, a change of -2,542,048,154 (-8.3%).
  • Net income of 855,451,144 contributed positively to equity growth.
  • Dividend payments of 838,805,043 reduced retained earnings.
  • Other comprehensive income decreased equity by 784,912,344.
  • Other factors decreased equity by 1,773,781,911.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿855.45 Million +3.04%
Dividends Paid ฿838.81 Million -2.98%
Other Comprehensive Income ฿-784.91 Million -2.79%
Other Changes ฿-1.77 Billion -6.3%
Total Change ฿- -8.28%

Book Value vs Market Value Analysis

This analysis compares BCPG 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: 0.68x
  • 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 2.71x to 0.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 ฿2.37 ฿6.40 x
2015-12-31 ฿29.89 ฿6.40 x
2016-12-31 ฿6.70 ฿6.40 x
2017-12-31 ฿7.07 ฿6.40 x
2018-12-31 ฿7.42 ฿6.40 x
2019-12-31 ฿7.66 ฿6.40 x
2020-12-31 ฿10.00 ฿6.40 x
2021-12-31 ฿9.87 ฿6.40 x
2022-12-31 ฿9.97 ฿6.40 x
2023-12-31 ฿10.10 ฿6.40 x
2024-12-31 ฿10.25 ฿6.40 x
2025-12-31 ฿9.40 ฿6.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently BCPG 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): 3.04%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 24.07%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 2.04x
  • Recent ROE (3.04%) is below the historical average (15.09%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 38.74% 69.11% 0.22x 2.55x ฿1.38 Billion
2015 53.02% 68.91% 0.39x 1.97x ฿1.69 Billion
2016 11.40% 49.98% 0.12x 1.89x ฿189.67 Million
2017 14.03% 60.68% 0.10x 2.23x ฿579.27 Million
2018 14.66% 66.84% 0.11x 2.08x ฿705.02 Million
2019 11.62% 52.57% 0.09x 2.40x ฿250.85 Million
2020 8.51% 45.20% 0.08x 2.28x ฿-335.76 Million
2021 7.40% 43.07% 0.08x 2.16x ฿-705.15 Million
2022 9.00% 48.66% 0.10x 1.92x ฿-292.42 Million
2023 3.74% 21.67% 0.07x 2.51x ฿-1.85 Billion
2024 5.92% 42.09% 0.07x 2.02x ฿-1.25 Billion
2025 3.04% 24.07% 0.06x 2.04x ฿-1.96 Billion

Industry Comparison

This section compares BCPG Public Company Limited's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

  • Industry: Utilities - Renewable
  • Average net assets among peers: $4,834,833,513
  • Average return on equity (ROE) among peers: 6.05%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
BCPG Public Company Limited (BCPG) ฿28.42 Billion 38.74% 1.03x $229.34 Million
Asia Biomass Public Company Limited (ABM) $142.62 Million -4.32% 3.60x $1.48 Million
Absolute Clean Energy PCL (ACE) $14.18 Billion 9.04% 0.41x $77.52 Million
ABSOLUTE CLEAN ENERGY (ACE-R) $276.78 Million -1.23% 37.38x $79.91 Million
BBGI PCL (BBGI) $6.50 Billion 12.99% 0.96x $41.12 Million
Clover Power PCL (CV) $590.77 Million 33.82% 2.29x $553.20K
Energy Absolute Public Company Limited (EA) $19.52 Billion 25.49% 2.03x $424.82 Million
Earth Tech Environment Public Company Limited (ETC) $222.14 Million -9.24% 1.12x $13.55 Million
Green Resources Public Company Limited (GREEN) $767.18 Million -4.00% 0.36x $7.02 Million
Meta Corporation Public Company Limited (META) $1.31 Billion -8.12% 0.39x $2.59 Million