Electricity Generating Public Company Limited (EGCO) - Net Assets

Latest as of December 2025: ฿100.05 Billion THB ≈ $3.12 Billion USD

Based on the latest financial reports, Electricity Generating Public Company Limited (EGCO) has net assets worth ฿100.05 Billion THB (≈ $3.12 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 (฿221.71 Billion ≈ $6.91 Billion USD) and total liabilities (฿121.66 Billion ≈ $3.79 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 EGCO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿100.05 Billion
% of Total Assets	45.13%
Annual Growth Rate	7.24%
5-Year Change	-12.27%
10-Year Change	21.12%
Growth Volatility	7.68

Electricity Generating Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how Electricity Generating Public Company Limited's net assets have evolved over time, based on quarterly financial data. See EGCO defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Electricity Generating Public Company Limited (2000–2025)

The table below shows the annual net assets of Electricity Generating Public Company Limited from 2000 to 2025. For live valuation and market cap data, see market cap of Electricity Generating Public Company Li.

Year	Net Assets	Change
2025-12-31	฿100.05 Billion ≈ $3.12 Billion	-4.39%
2024-12-31	฿104.64 Billion ≈ $3.26 Billion	-0.56%
2023-12-31	฿105.23 Billion ≈ $3.28 Billion	-12.89%
2022-12-31	฿120.80 Billion ≈ $3.77 Billion	+5.93%
2021-12-31	฿114.04 Billion ≈ $3.55 Billion	+10.89%
2020-12-31	฿102.83 Billion ≈ $3.21 Billion	-2.16%
2019-12-31	฿105.11 Billion ≈ $3.28 Billion	+4.22%
2018-12-31	฿100.85 Billion ≈ $3.14 Billion	+16.11%
2017-12-31	฿86.86 Billion ≈ $2.71 Billion	+5.16%
2016-12-31	฿82.60 Billion ≈ $2.57 Billion	+6.24%
2015-12-31	฿77.75 Billion ≈ $2.42 Billion	+4.76%
2014-12-31	฿74.22 Billion ≈ $2.31 Billion	+5.81%
2013-12-31	฿70.14 Billion ≈ $2.19 Billion	+2.67%
2012-12-31	฿68.32 Billion ≈ $2.13 Billion	+16.72%
2011-12-31	฿58.53 Billion ≈ $1.82 Billion	+6.78%
2010-12-31	฿54.82 Billion ≈ $1.71 Billion	+7.29%
2009-12-31	฿51.09 Billion ≈ $1.59 Billion	+12.19%
2008-12-31	฿45.54 Billion ≈ $1.42 Billion	+8.44%
2007-12-31	฿42.00 Billion ≈ $1.31 Billion	+14.79%
2006-12-31	฿36.58 Billion ≈ $1.14 Billion	+13.92%
2005-12-31	฿32.11 Billion ≈ $1.00 Billion	+10.35%
2004-12-31	฿29.10 Billion ≈ $907.11 Million	+9.00%
2003-12-31	฿26.70 Billion ≈ $832.25 Million	+27.47%
2002-12-31	฿20.95 Billion ≈ $652.92 Million	+9.19%
2001-12-31	฿19.19 Billion ≈ $597.99 Million	+9.96%
2000-12-31	฿17.45 Billion ≈ $543.84 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Electricity Generating 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 3154.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿93.55 Billion	93.74%
Other Components	฿6.24 Billion	6.26%
Total Equity	฿99.79 Billion	100.00%

Electricity Generating Public Company Limited Competitors by Market Cap

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

Company	Market Cap
Ningbo Yongxin Optics Co Ltd SHG:603297	$1.90 Billion
Jiangsu New Energy Development Co Ltd SHG:603693	$1.90 Billion
First Commonwealth Financial NYSE:FCF	$1.91 Billion
Stellar Bancorp, Inc. NYSE:STEL	$1.91 Billion
Newell Rubbermaid Inc. NASDAQ:NWL	$1.90 Billion
Intapp Inc NASDAQ:INTA	$1.90 Billion
ADMA Biologics Inc NASDAQ:ADMA	$1.90 Billion
China National Gold Group Gold Jewellery Co Ltd SHG:600916	$1.90 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 104,373,250,000 to 99,792,576,000, a change of -4,580,674,000 (-4.4%).
Net income of 4,727,386,000 contributed positively to equity growth.
Dividend payments of 3,421,355,000 reduced retained earnings.
Other comprehensive income decreased equity by 530,000,000.
Other factors decreased equity by 5,356,705,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿4.73 Billion	+4.74%
Dividends Paid	฿3.42 Billion	-3.43%
Other Comprehensive Income	฿-530.00 Million	-0.53%
Other Changes	฿-5.36 Billion	-5.37%
Total Change	฿-	-4.39%

Book Value vs Market Value Analysis

This analysis compares Electricity Generating 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: 0.61x
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 3.01x to 0.61x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	฿38.51	฿116.00	x
2003-12-31	฿49.21	฿116.00	x
2004-12-31	฿53.55	฿116.00	x
2005-12-31	฿59.02	฿116.00	x
2006-12-31	฿67.26	฿116.00	x
2007-12-31	฿78.78	฿116.00	x
2008-12-31	฿86.51	฿116.00	x
2009-12-31	฿96.06	฿116.00	x
2010-12-31	฿103.16	฿116.00	x
2011-12-31	฿110.13	฿116.00	x
2012-12-31	฿128.09	฿116.00	x
2013-12-31	฿131.57	฿116.00	x
2014-12-31	฿139.16	฿116.00	x
2015-12-31	฿146.72	฿116.00	x
2016-12-31	฿155.70	฿116.00	x
2017-12-31	฿163.81	฿116.00	x
2018-12-31	฿190.40	฿116.00	x
2019-12-31	฿198.48	฿116.00	x
2020-12-31	฿194.21	฿116.00	x
2021-12-31	฿215.48	฿116.00	x
2022-12-31	฿228.87	฿116.00	x
2023-12-31	฿199.30	฿116.00	x
2024-12-31	฿198.40	฿116.00	x
2025-12-31	฿189.55	฿116.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Electricity Generating 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): 4.74%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 14.73%
• Asset Turnover: 0.14x
• Equity Multiplier: 2.22x
Recent ROE (4.74%) is below the historical average (11.40%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	7.17%	12.56%	0.18x	3.25x	฿-481.11 Million
2001	15.85%	27.39%	0.20x	2.86x	฿1.08 Billion
2002	14.63%	25.81%	0.21x	2.76x	฿936.14 Million
2003	23.19%	38.98%	0.27x	2.18x	฿3.41 Billion
2004	16.58%	29.85%	0.28x	1.96x	฿1.85 Billion
2005	13.18%	25.54%	0.26x	1.97x	฿988.38 Million
2006	17.05%	33.49%	0.25x	2.03x	฿2.49 Billion
2007	20.26%	76.81%	0.20x	1.29x	฿4.25 Billion
2008	15.40%	67.95%	0.18x	1.28x	฿2.46 Billion
2009	15.69%	86.77%	0.15x	1.24x	฿2.88 Billion
2010	12.72%	80.24%	0.13x	1.21x	฿1.48 Billion
2011	8.61%	65.13%	0.11x	1.26x	฿-808.27 Million
2012	16.28%	78.11%	0.13x	1.62x	฿4.24 Billion
2013	9.98%	37.00%	0.14x	1.89x	฿-13.18 Million
2014	10.46%	44.57%	0.11x	2.19x	฿340.58 Million
2015	5.59%	27.14%	0.09x	2.33x	฿-3.41 Billion
2016	10.15%	36.50%	0.12x	2.41x	฿123.52 Million
2017	13.70%	39.37%	0.15x	2.32x	฿3.19 Billion
2018	21.02%	59.32%	0.17x	2.06x	฿11.05 Billion
2019	12.50%	34.81%	0.18x	2.00x	฿2.61 Billion
2020	8.54%	26.01%	0.16x	2.10x	฿-1.49 Billion
2021	3.62%	11.43%	0.15x	2.13x	฿-7.24 Billion
2022	2.23%	4.50%	0.23x	2.11x	฿-9.37 Billion
2023	-7.99%	-16.89%	0.20x	2.32x	฿-18.88 Billion
2024	5.18%	13.42%	0.17x	2.31x	฿-5.03 Billion
2025	4.74%	14.73%	0.14x	2.22x	฿-5.25 Billion

Industry Comparison

This section compares Electricity Generating 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: $34,553,761,440
Average return on equity (ROE) among peers: 7.36%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Electricity Generating Public Company Limited (EGCO)	฿100.05 Billion	7.17%	1.22x	$1.90 Billion
B.Grimm Power Public Company Limited (BGRIM)	$11.19 Billion	-0.11%	2.06x	$1.21 Billion
Banpu Power Public Company Limited (BPP)	$49.58 Billion	6.31%	0.51x	$1.07 Billion
BANPU POWER (BPP-R)	$13.77 Billion	15.20%	0.52x	$821.71 Million
CK Power Public Company Limited (CKP)	$30.66 Billion	0.52%	0.97x	$582.79 Million
CK Power Public Company Limited (CKP-R)	$35.55 Billion	2.16%	0.81x	$689.15 Million
Gulf Energy Development Public Company Limited (GULF)	$144.10 Billion	10.31%	2.19x	$29.80 Billion
Gunkul Engineering Public Company Limited (GUNKUL)	$13.99 Billion	10.54%	1.35x	$1.09 Billion
Nava Nakorn Public Company Limited (NNCL)	$2.87 Billion	8.49%	0.40x	$102.79 Million
Rojana Industrial Park Public Company Limited (ROJNA)	$9.28 Billion	12.87%	2.64x	$346.37 Million

About Electricity Generating Public Company Limited

BK:EGCO Thailand Utilities - Independent Power Producers

Market Cap

$1.90 Billion

฿61.07 Billion THB

Market Cap Rank

#6448 Global

#42 in Thailand

Share Price

฿116.00

Change (1 day)

+0.87%

52-Week Range

฿100.00 - ฿138.00

All Time High

฿314.63