Energy Absolute Public Company Limited
Energy Absolute Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of crude palm oil, biodiesel, and glycerol products in Thailand. It operates through five segments: Manufacturing and distributing crude palm oil, biodiesel products, and pure glycerin products; Manufacturing and distributing electricity from solar and wind power and biomass; Manufa… Read more
Energy Absolute Public Company Limited (EA) - Net Assets
Latest net assets as of September 2025: ฿40.69 Billion THB
Based on the latest financial reports, Energy Absolute Public Company Limited (EA) has net assets worth ฿40.69 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 (฿97.55 Billion) and total liabilities (฿56.86 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 | ฿40.69 Billion |
| % of Total Assets | 41.71% |
| Annual Growth Rate | 33.68% |
| 5-Year Change | 1.72% |
| 10-Year Change | 254.12% |
| Growth Volatility | 66.47 |
Energy Absolute Public Company Limited - Net Assets Trend (2008–2024)
This chart illustrates how Energy Absolute 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 Energy Absolute Public Company Limited (2008–2024)
The table below shows the annual net assets of Energy Absolute Public Company Limited from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿30.14 Billion | -31.52% |
| 2023-12-31 | ฿44.01 Billion | +6.55% |
| 2022-12-31 | ฿41.30 Billion | +17.67% |
| 2021-12-31 | ฿35.10 Billion | +18.48% |
| 2020-12-31 | ฿29.63 Billion | +19.14% |
| 2019-12-31 | ฿24.87 Billion | +27.41% |
| 2018-12-31 | ฿19.52 Billion | +32.38% |
| 2017-12-31 | ฿14.74 Billion | +29.45% |
| 2016-12-31 | ฿11.39 Billion | +33.84% |
| 2015-12-31 | ฿8.51 Billion | +44.30% |
| 2014-12-31 | ฿5.90 Billion | +35.18% |
| 2013-12-31 | ฿4.36 Billion | +282.07% |
| 2012-12-31 | ฿1.14 Billion | +12.28% |
| 2011-12-31 | ฿1.02 Billion | +89.00% |
| 2010-12-31 | ฿538.03 Million | +61.22% |
| 2009-12-31 | ฿333.71 Million | +15.13% |
| 2008-12-31 | ฿289.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Energy Absolute 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 91145.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿36.36 Billion | 115.86% |
| Common Stock | ฿371.33 Million | 1.18% |
| Other Comprehensive Income | ฿40.20 Million | 0.13% |
| Total Equity | ฿31.38 Billion | 100.00% |
Energy Absolute Public Company Limited Competitors by Market Cap
The table below lists competitors of Energy Absolute Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou AGS MedTech Co. Ltd. A
SHG:688581
|
$424.94 Million |
|
Shengyuan Environmental Protection
SHE:300867
|
$424.94 Million |
|
Tes Touch Embedded Solutions
SHE:003019
|
$425.12 Million |
|
Canaccord Genuity Group Inc
PINK:CCORF
|
$425.16 Million |
|
Diamond Hill Investment Group Inc
NASDAQ:DHIL
|
$424.75 Million |
|
Nam Long Investment Corp
VN:NLG
|
$424.66 Million |
|
Natural Gas Services Group Inc
NYSE:NGS
|
$424.60 Million |
|
Vulcan Energy Resources Limited
PINK:VULNF
|
$424.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Energy Absolute Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,699,368,171 to 31,378,040,120, a change of -10,321,328,051 (-24.8%).
- Net loss of 4,630,014,146 reduced equity.
- Dividend payments of 1,113,850,896 reduced retained earnings.
- Share repurchases of 78,974,850 reduced equity.
- Other factors decreased equity by 4,498,488,159.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-4.63 Billion | -14.76% |
| Dividends Paid | ฿1.11 Billion | -3.55% |
| Share Repurchases | ฿78.97 Million | -0.25% |
| Other Changes | ฿-4.50 Billion | -14.34% |
| Total Change | ฿- | -24.75% |
Book Value vs Market Value Analysis
This analysis compares Energy Absolute 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: 0.32x
- 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 8.34x to 0.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿0.32 | ฿2.64 | x |
| 2012-12-31 | ฿0.36 | ฿2.64 | x |
| 2013-12-31 | ฿1.18 | ฿2.64 | x |
| 2014-12-31 | ฿1.58 | ฿2.64 | x |
| 2015-12-31 | ฿2.28 | ฿2.64 | x |
| 2016-12-31 | ฿3.05 | ฿2.64 | x |
| 2017-12-31 | ฿3.93 | ฿2.64 | x |
| 2018-12-31 | ฿4.86 | ฿2.64 | x |
| 2019-12-31 | ฿6.26 | ฿2.64 | x |
| 2020-12-31 | ฿7.46 | ฿2.64 | x |
| 2021-12-31 | ฿8.71 | ฿2.64 | x |
| 2022-12-31 | ฿10.44 | ฿2.64 | x |
| 2023-12-31 | ฿11.18 | ฿2.64 | x |
| 2024-12-31 | ฿8.19 | ฿2.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Energy Absolute 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): -14.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.54%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.07x
- Recent ROE (-14.76%) is below the historical average (17.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 6.40% | 1.16% | 3.14x | 1.75x | ฿-35.47 Million |
| 2012 | 9.39% | 2.41% | 1.74x | 2.23x | ฿-6.91 Million |
| 2013 | 6.15% | 7.05% | 0.33x | 2.63x | ฿-168.03 Million |
| 2014 | 27.29% | 21.21% | 0.39x | 3.28x | ฿1.02 Billion |
| 2015 | 31.59% | 29.21% | 0.28x | 3.89x | ฿1.84 Billion |
| 2016 | 28.56% | 31.29% | 0.25x | 3.65x | ฿2.11 Billion |
| 2017 | 26.03% | 32.97% | 0.26x | 3.04x | ฿2.35 Billion |
| 2018 | 27.43% | 43.07% | 0.20x | 3.26x | ฿3.16 Billion |
| 2019 | 26.03% | 40.85% | 0.21x | 3.01x | ฿3.75 Billion |
| 2020 | 18.71% | 30.47% | 0.22x | 2.82x | ฿2.42 Billion |
| 2021 | 18.77% | 30.24% | 0.24x | 2.63x | ฿2.85 Billion |
| 2022 | 19.53% | 29.99% | 0.25x | 2.66x | ฿3.71 Billion |
| 2023 | 18.24% | 25.29% | 0.26x | 2.74x | ฿3.44 Billion |
| 2024 | -14.76% | -25.54% | 0.19x | 3.07x | ฿-7.77 Billion |
Industry Comparison
This section compares Energy Absolute 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: $5,691,561,050
- Average return on equity (ROE) among peers: 4.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Energy Absolute Public Company Limited (EA) | ฿40.69 Billion | 6.40% | 1.40x | $424.82 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 |
| BCPG Public Company Limited (BCPG) | $27.23 Billion | 7.39% | 1.16x | $229.34 Million |
| Clover Power PCL (CV) | $590.77 Million | 33.82% | 2.29x | $553.20K |
| 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 |