Energy Absolute Public Company Limited (EA) - Net Assets
Based on the latest financial reports, Energy Absolute Public Company Limited (EA) has net assets worth ฿34.64 Billion THB (≈ $1.08 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿89.69 Billion ≈ $2.80 Billion USD) and total liabilities (฿55.05 Billion ≈ $1.72 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 Energy Absolute Public Company Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿34.64 Billion |
| % of Total Assets | 38.62% |
| Annual Growth Rate | 32.46% |
| 5-Year Change | -1.78% |
| 10-Year Change | 202.71% |
| Growth Volatility | 64.85 |
Energy Absolute Public Company Limited - Net Assets Trend (2008–2025)
This chart illustrates how Energy Absolute Public Company Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Energy Absolute Public Company Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Energy Absolute Public Company Limited (2008–2025)
The table below shows the annual net assets of Energy Absolute Public Company Limited from 2008 to 2025. For live valuation and market cap data, see Energy Absolute Public Company Limited stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿34.48 Billion ≈ $1.07 Billion |
+14.41% |
| 2024-12-31 | ฿30.14 Billion ≈ $939.30 Million |
-31.52% |
| 2023-12-31 | ฿44.01 Billion ≈ $1.37 Billion |
+6.55% |
| 2022-12-31 | ฿41.30 Billion ≈ $1.29 Billion |
+17.67% |
| 2021-12-31 | ฿35.10 Billion ≈ $1.09 Billion |
+18.48% |
| 2020-12-31 | ฿29.63 Billion ≈ $923.44 Million |
+19.14% |
| 2019-12-31 | ฿24.87 Billion ≈ $775.07 Million |
+27.41% |
| 2018-12-31 | ฿19.52 Billion ≈ $608.35 Million |
+32.38% |
| 2017-12-31 | ฿14.74 Billion ≈ $459.55 Million |
+29.45% |
| 2016-12-31 | ฿11.39 Billion ≈ $355.00 Million |
+33.84% |
| 2015-12-31 | ฿8.51 Billion ≈ $265.25 Million |
+44.30% |
| 2014-12-31 | ฿5.90 Billion ≈ $183.82 Million |
+35.18% |
| 2013-12-31 | ฿4.36 Billion ≈ $135.98 Million |
+282.07% |
| 2012-12-31 | ฿1.14 Billion ≈ $35.59 Million |
+12.28% |
| 2011-12-31 | ฿1.02 Billion ≈ $31.70 Million |
+89.00% |
| 2010-12-31 | ฿538.03 Million ≈ $16.77 Million |
+61.22% |
| 2009-12-31 | ฿333.71 Million ≈ $10.40 Million |
+15.13% |
| 2008-12-31 | ฿289.85 Million ≈ $9.03 Million |
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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 76212.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿30.41 Billion | 91.40% |
| Common Stock | ฿742.68 Million | 2.23% |
| Other Comprehensive Income | ฿-7.14 Billion | -21.45% |
| Other Components | ฿9.25 Billion | 27.82% |
| Total Equity | ฿33.27 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 |
|---|---|
|
Hainan Shennong Technology Co Ltd
SHE:300189
|
$717.75 Million |
|
HELL.UNSP.ADR A1 DL-0001
F:1MO
|
$718.04 Million |
|
Zhejiang Mtcn Technology Co Ltd
SHE:003026
|
$718.10 Million |
|
Astria Therapeutics Inc
NASDAQ:ATXS
|
$718.13 Million |
|
Shandong New Beiyang Information Technology Co Ltd
SHE:002376
|
$717.60 Million |
|
Shenzhen Textile Holdings Co Ltd
SHE:000045
|
$717.59 Million |
|
Blue Moon Zinc Corp
V:MOON
|
$717.48 Million |
|
Hangzhou Jiebai Group Co Ltd
SHG:600814
|
$717.46 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 2024 to 2025, total equity changed from 31,378,040,120 to 33,267,809,000, a change of 1,889,768,880 (6.0%).
- Net loss of 4,856,800,000 reduced equity.
- New share issuances of 7,422,154,799 increased equity.
- Other comprehensive income decreased equity by 7,175,396,000.
- Other factors increased equity by 6,499,810,081.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-4.86 Billion | -14.6% |
| Share Issuances | ฿7.42 Billion | +22.31% |
| Other Comprehensive Income | ฿-7.18 Billion | -21.57% |
| Other Changes | ฿6.50 Billion | +19.54% |
| Total Change | ฿- | 6.02% |
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: 0.67x
- 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 9.80x to 0.67x 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 | ฿3.10 | x |
| 2012-12-31 | ฿0.36 | ฿3.10 | x |
| 2013-12-31 | ฿1.18 | ฿3.10 | x |
| 2014-12-31 | ฿1.58 | ฿3.10 | x |
| 2015-12-31 | ฿2.28 | ฿3.10 | x |
| 2016-12-31 | ฿3.05 | ฿3.10 | x |
| 2017-12-31 | ฿3.93 | ฿3.10 | x |
| 2018-12-31 | ฿4.86 | ฿3.10 | x |
| 2019-12-31 | ฿6.26 | ฿3.10 | x |
| 2020-12-31 | ฿7.46 | ฿3.10 | x |
| 2021-12-31 | ฿8.71 | ฿3.10 | x |
| 2022-12-31 | ฿10.44 | ฿3.10 | x |
| 2023-12-31 | ฿11.18 | ฿3.10 | x |
| 2024-12-31 | ฿6.76 | ฿3.10 | x |
| 2025-12-31 | ฿4.61 | ฿3.10 | 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): -14.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -37.08%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.72x
- Recent ROE (-14.60%) is below the historical average (15.65%), 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 |
| 2025 | -14.60% | -37.08% | 0.14x | 2.72x | ฿-8.18 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: $10,172,191,238
- Average return on equity (ROE) among peers: 7.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Energy Absolute Public Company Limited (EA) | ฿34.64 Billion | 6.40% | 1.59x | $717.61 Million |
| BCPG Public Company Limited (BCPG) | $15.56 Billion | 11.58% | 1.39x | $686.31 Million |
| Green Resources Public Company Limited (GREEN) | $859.69 Million | -0.30% | 0.32x | $18.87 Million |
| SPCG Public Company Limited (SPCG) | $11.21 Billion | 22.52% | 1.05x | $292.88 Million |
| Sermsang Power Corporation Public Company Limited (SSP) | $3.42 Billion | 9.93% | 1.42x | $155.69 Million |
| Super Energy Corporation Public Company Limited (SUPER) | $16.22 Billion | 7.92% | 1.89x | $110.82 Million |
| Super Energy Corporation Public Company Limited (SUPER-R) | $12.25 Billion | -5.82% | 2.22x | $127.87 Million |
| TPC Power Holding Public Company Limited (TPCH) | $657.74 Million | 1.88% | 0.80x | $17.76 Million |
| TPI Polene Power Public Company Limited (TPIPP) | $25.05 Billion | 14.77% | 0.26x | $460.80 Million |
| TPI POLENE POWER (TPIPP-R) | $6.33 Billion | 5.21% | 0.29x | $596.95 Million |
About 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