B.Grimm Power Public Company Limited Net Assets
B.Grimm Power Public Company Limited net assets. Based on the latest financial reports, B.Grimm Power Public Company Limited (BGRIM) has net assets worth ฿49.36 Billion THB (≈ $1.54 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 (฿183.05 Billion ≈ $5.71 Billion USD) and total liabilities (฿133.69 Billion ≈ $4.17 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. Also explore BGRIM net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿49.36 Billion |
| % of Total Assets | 26.97% |
| Annual Growth Rate | 13.16% |
| 5-Year Change | 20.93% |
| 10-Year Change | 327.95% |
| Growth Volatility | 39.3 |
Net Assets of B.Grimm Power Public Company Limited (2013–2025)
Net assets of B.Grimm Power Public Company Limited from 2013 to 2025. This chart illustrates how B.Grimm Power Public Company Limited's net assets have evolved over time, based on quarterly financial data. See BGRIM equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for B.Grimm Power Public Company Limited (2013–2025)
The table below shows the annual net assets of B.Grimm Power Public Company Limited from 2013 to 2025. For live market cap and overall valuation, see B.Grimm Power Public Company Limited (BGRIM) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿49.36 Billion ≈ $1.54 Billion |
-4.47% |
| 2024-12-31 | ฿51.67 Billion ≈ $1.61 Billion |
-1.96% |
| 2023-12-31 | ฿52.70 Billion ≈ $1.64 Billion |
+24.98% |
| 2022-12-31 | ฿42.17 Billion ≈ $1.31 Billion |
+3.31% |
| 2021-12-31 | ฿40.82 Billion ≈ $1.27 Billion |
+3.85% |
| 2020-12-31 | ฿39.30 Billion ≈ $1.23 Billion |
+1.62% |
| 2019-12-31 | ฿38.68 Billion ≈ $1.21 Billion |
+39.43% |
| 2018-12-31 | ฿27.74 Billion ≈ $864.60 Million |
+7.75% |
| 2017-12-31 | ฿25.74 Billion ≈ $802.41 Million |
+123.20% |
| 2016-12-31 | ฿11.53 Billion ≈ $359.51 Million |
+62.68% |
| 2015-12-31 | ฿7.09 Billion ≈ $220.99 Million |
-35.95% |
| 2014-12-31 | ฿11.07 Billion ≈ $345.01 Million |
-1.11% |
| 2013-12-31 | ฿11.19 Billion ≈ $348.87 Million |
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Equity Component Analysis
This analysis shows how different components contribute to B.Grimm Power 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 101.2% over the analyzed period, indicating profitable operations and earnings retention.
B.Grimm Power Public Company Limited Net Assets Breakdown (December 2025)
B.Grimm Power Public Company Limited net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿4.64 Billion | 13.87% |
| Other Components | ฿28.80 Billion | 86.13% |
| Total Equity | ฿33.44 Billion | 100.00% |
B.Grimm Power Public Company Limited Competitors by Market Cap
The table below lists competitors of B.Grimm Power Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZAI LAB LTD0000006
F:1ZLB
|
$1.82 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
$1.82 Billion |
|
Monadelphous Group Ltd
F:8MP
|
$1.82 Billion |
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$1.82 Billion |
|
Shenzhen Microgate Technology Co Ltd
SHE:300319
|
$1.82 Billion |
|
Anyuan Coal Industry Group Co Ltd
SHG:600397
|
$1.82 Billion |
|
Jinko Power Technology Co Ltd
SHG:601778
|
$1.82 Billion |
|
Pengxin International Mining Co Ltd
SHG:600490
|
$1.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in B.Grimm Power Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,086,179,750 to 33,436,466,094, a change of -2,649,713,656 (-7.3%).
- Net income of 1,675,487,076 contributed positively to equity growth.
- Dividend payments of 1,120,967,000 reduced retained earnings.
- Other comprehensive income decreased equity by 585,027,996.
- Other factors decreased equity by 2,619,205,736.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.68 Billion | +5.01% |
| Dividends Paid | ฿1.12 Billion | -3.35% |
| Other Comprehensive Income | ฿-585.03 Million | -1.75% |
| Other Changes | ฿-2.62 Billion | -7.83% |
| Total Change | ฿- | -7.34% |
Book Value vs Market Value Analysis
This analysis compares B.Grimm Power 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: 1.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 13.95x to 1.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿1.61 | ฿22.40 | x |
| 2014-12-31 | ฿1.73 | ฿22.40 | x |
| 2015-12-31 | ฿1.43 | ฿22.40 | x |
| 2016-12-31 | ฿3.08 | ฿22.40 | x |
| 2017-12-31 | ฿8.43 | ฿22.40 | x |
| 2018-12-31 | ฿7.39 | ฿22.40 | x |
| 2019-12-31 | ฿10.80 | ฿22.40 | x |
| 2020-12-31 | ฿10.54 | ฿22.40 | x |
| 2021-12-31 | ฿11.31 | ฿22.40 | x |
| 2022-12-31 | ฿11.40 | ฿22.40 | x |
| 2023-12-31 | ฿14.63 | ฿22.40 | x |
| 2024-12-31 | ฿13.84 | ฿22.40 | x |
| 2025-12-31 | ฿12.83 | ฿22.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently B.Grimm Power 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): 5.01%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.03%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 5.47x
- Recent ROE (5.01%) is below the historical average (7.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.42% | -0.09% | 0.40x | 11.16x | ฿-320.09 Million |
| 2014 | 6.95% | 1.16% | 0.43x | 14.03x | ฿-100.67 Million |
| 2015 | 1.32% | 0.15% | 0.38x | 22.88x | ฿-238.16 Million |
| 2016 | 23.39% | 4.97% | 0.36x | 12.89x | ฿790.23 Million |
| 2017 | 11.40% | 6.76% | 0.35x | 4.78x | ฿261.39 Million |
| 2018 | 9.68% | 5.09% | 0.36x | 5.23x | ฿-62.54 Million |
| 2019 | 14.13% | 9.01% | 0.36x | 4.32x | ฿1.16 Billion |
| 2020 | 13.67% | 8.52% | 0.34x | 4.76x | ฿1.01 Billion |
| 2021 | 11.60% | 7.33% | 0.31x | 5.06x | ฿470.08 Million |
| 2022 | -3.02% | -1.44% | 0.37x | 5.74x | ฿-3.87 Billion |
| 2023 | 4.94% | 3.30% | 0.32x | 4.64x | ฿-1.93 Billion |
| 2024 | 4.31% | 2.79% | 0.31x | 5.01x | ฿-2.05 Billion |
| 2025 | 5.01% | 3.03% | 0.30x | 5.47x | ฿-1.67 Billion |
Industry Comparison
This section compares B.Grimm Power Public Company Limited's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $24,341,145,417
- Average return on equity (ROE) among peers: 5.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| B.Grimm Power Public Company Limited (BGRIM) | ฿49.36 Billion | -0.42% | 2.71x | $1.82 Billion |
| Banpu Public Company Limited (BANPU) | $3.00 Billion | 1.38% | 1.85x | $1.31 Billion |
| Banpu Power Public Company Limited (BPP) | $39.82 Billion | 7.46% | 0.23x | $1.14 Billion |
| BANPU POWER (BPP-R) | $49.58 Billion | 6.31% | 0.51x | $821.71 Million |
| CK Power Public Company Limited (CKP) | $40.13 Billion | 3.35% | 0.80x | $577.72 Million |
| CK Power Public Company Limited (CKP-R) | $35.04 Billion | 1.16% | 0.91x | $689.15 Million |
| Electricity Generating Public Company Limited (EGCO) | $32.11 Billion | 12.74% | 0.91x | $2.17 Billion |
| Gulf Energy Development Public Company Limited (GULF) | $3.66 Billion | -11.77% | 1.80x | $28.52 Billion |
| Gunkul Engineering Public Company Limited (GUNKUL) | $13.88 Billion | 11.97% | 1.36x | $1.28 Billion |
| Nava Nakorn Public Company Limited (NNCL) | $1.85 Billion | 13.04% | 0.66x | $114.28 Million |
About B.Grimm Power Public Company Limited
B.Grimm Power Public Company Limited, together with its subsidiaries, engages in the development, financing, construction, and operation of green-field power plants in Thailand and internationally. The company operates through Electricity Generating and Other Businesses segments. The Electricity Generation segment generates and distributes electricity for the government sectors and industrial use… Read more