Electricity Generating Public Company Limited (EGCO) - Net Assets
Based on the latest financial reports, Electricity Generating Public Company Limited (EGCO) has net assets worth ฿101.81 Billion THB (≈ $3.17 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿225.85 Billion ≈ $7.04 Billion USD) and total liabilities (฿124.04 Billion ≈ $3.87 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 financial resilience of Electricity Generating Public Company Li to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿101.81 Billion |
| % of Total Assets | 45.08% |
| Annual Growth Rate | 7.75% |
| 5-Year Change | 1.76% |
| 10-Year Change | 34.59% |
| Growth Volatility | 7.44 |
Electricity Generating Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Electricity Generating Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore EGCO total asset value for the complete picture of this company's asset base.
Annual Net Assets for Electricity Generating Public Company Limited (2000–2024)
The table below shows the annual net assets of Electricity Generating Public Company Limited from 2000 to 2024. For live valuation and market cap data, see market cap of Electricity Generating Public Company Li.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 3109.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿92.24 Billion | 88.38% |
| Common Stock | ฿5.26 Billion | 5.04% |
| Other Comprehensive Income | ฿530.00 Million | 0.51% |
| Other Components | ฿6.33 Billion | 6.07% |
| Total Equity | ฿104.37 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 |
|---|---|
|
Carabao Group Public Company Limited
BK:CBG-R
|
$1.85 Billion |
|
Shenzhen Newway Photomask Making Co. Ltd. A
SHG:688401
|
$1.85 Billion |
|
UIE PLC
CO:UIE
|
$1.85 Billion |
|
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281
|
$1.85 Billion |
|
Surgery Partners Inc
NASDAQ:SGRY
|
$1.85 Billion |
|
MicroPort Endovascular MedTech Ltd
SHG:688016
|
$1.85 Billion |
|
Flowers Foods Inc
NYSE:FLO
|
$1.84 Billion |
|
Jyoti CNC Automation Limited
NSE:JYOTICNC
|
$1.84 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 2023 to 2024, total equity changed from 104,926,972,000 to 104,373,250,000, a change of -553,722,000 (-0.5%).
- Net income of 5,411,474,000 contributed positively to equity growth.
- Dividend payments of 3,453,491,000 reduced retained earnings.
- Other comprehensive income increased equity by 300,587,000.
- Other factors decreased equity by 2,812,292,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿5.41 Billion | +5.18% |
| Dividends Paid | ฿3.45 Billion | -3.31% |
| Other Comprehensive Income | ฿300.59 Million | +0.29% |
| Other Changes | ฿-2.81 Billion | -2.69% |
| Total Change | ฿- | -0.53% |
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: 0.57x
- 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 2.92x to 0.57x 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 | ฿112.50 | x |
| 2003-12-31 | ฿49.21 | ฿112.50 | x |
| 2004-12-31 | ฿53.55 | ฿112.50 | x |
| 2005-12-31 | ฿59.02 | ฿112.50 | x |
| 2006-12-31 | ฿67.26 | ฿112.50 | x |
| 2007-12-31 | ฿78.78 | ฿112.50 | x |
| 2008-12-31 | ฿86.51 | ฿112.50 | x |
| 2009-12-31 | ฿96.06 | ฿112.50 | x |
| 2010-12-31 | ฿103.16 | ฿112.50 | x |
| 2011-12-31 | ฿110.13 | ฿112.50 | x |
| 2012-12-31 | ฿128.09 | ฿112.50 | x |
| 2013-12-31 | ฿131.57 | ฿112.50 | x |
| 2014-12-31 | ฿139.16 | ฿112.50 | x |
| 2015-12-31 | ฿146.72 | ฿112.50 | x |
| 2016-12-31 | ฿155.70 | ฿112.50 | x |
| 2017-12-31 | ฿163.81 | ฿112.50 | x |
| 2018-12-31 | ฿190.40 | ฿112.50 | x |
| 2019-12-31 | ฿198.48 | ฿112.50 | x |
| 2020-12-31 | ฿194.21 | ฿112.50 | x |
| 2021-12-31 | ฿215.48 | ฿112.50 | x |
| 2022-12-31 | ฿228.87 | ฿112.50 | x |
| 2023-12-31 | ฿199.30 | ฿112.50 | x |
| 2024-12-31 | ฿198.40 | ฿112.50 | 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): 5.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.42%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.31x
- Recent ROE (5.18%) is below the historical average (11.66%), 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 |
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: $26,132,989,722
- Average return on equity (ROE) among peers: 5.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Electricity Generating Public Company Limited (EGCO) | ฿101.81 Billion | 7.17% | 1.22x | $1.85 Billion |
| B.Grimm Power Public Company Limited (BGRIM) | $42.17 Billion | -2.13% | 3.05x | $1.05 Billion |
| Banpu Power Public Company Limited (BPP) | $49.58 Billion | 6.31% | 0.51x | $1.13 Billion |
| BANPU POWER (BPP-R) | $13.13 Billion | 13.61% | 0.46x | $821.71 Million |
| CK Power Public Company Limited (CKP) | $26.10 Billion | 1.81% | 0.89x | $587.86 Million |
| CK Power Public Company Limited (CKP-R) | $37.94 Billion | 6.42% | 0.84x | $689.15 Million |
| Gulf Energy Development Public Company Limited (GULF) | $44.79 Billion | 6.76% | 1.76x | $26.78 Billion |
| Gunkul Engineering Public Company Limited (GUNKUL) | $12.48 Billion | 27.35% | 2.69x | $782.87 Million |
| Nava Nakorn Public Company Limited (NNCL) | $2.70 Billion | 5.92% | 0.45x | $100.23 Million |
| Rojana Industrial Park Public Company Limited (ROJNA) | $6.31 Billion | -13.27% | 3.11x | $294.73 Million |
About Electricity Generating Public Company Limited
Electricity Generating Public Company Limited, together with its subsidiaries, generates and sells electricity to government sector and industrial users primarily in Thailand, Laos, the Philippines, Indonesia, Australia, South Korea, Taiwan, and the United States. It operates through Electricity Generation and Other Businesses segments. The company generates electricity from various resources, su… Read more