Eastern Power Group Public Company Limited
Eastern Power Group Public Company Limited engages in the solar and wind power generation, and printing and packaging businesses in Thailand, Japan, Hong Kong, and Vietnam. It operates through Printing; Holding other companies' shares; Solar power plants and wind power plants; and Installation of rooftop solar system and maintenance solar farm segments. The company is also involved in the mainten… Read more
Eastern Power Group Public Company Limited (EP) - Net Assets
Latest net assets as of September 2025: ฿3.25 Billion THB
Based on the latest financial reports, Eastern Power Group Public Company Limited (EP) has net assets worth ฿3.25 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 (฿9.11 Billion) and total liabilities (฿5.86 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 | ฿3.25 Billion |
| % of Total Assets | 35.7% |
| Annual Growth Rate | 9.9% |
| 5-Year Change | -24.19% |
| 10-Year Change | 166.88% |
| Growth Volatility | 26163.16 |
Eastern Power Group Public Company Limited - Net Assets Trend (2006–2024)
This chart illustrates how Eastern Power Group 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 Eastern Power Group Public Company Limited (2006–2024)
The table below shows the annual net assets of Eastern Power Group Public Company Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.69 Billion | -14.93% |
| 2023-12-31 | ฿4.33 Billion | -6.15% |
| 2022-12-31 | ฿4.62 Billion | -12.41% |
| 2021-12-31 | ฿5.27 Billion | +8.41% |
| 2020-12-31 | ฿4.86 Billion | +24.74% |
| 2019-12-31 | ฿3.90 Billion | +19.03% |
| 2018-12-31 | ฿3.27 Billion | +32.35% |
| 2017-12-31 | ฿2.47 Billion | +1.53% |
| 2016-12-31 | ฿2.44 Billion | +76.45% |
| 2015-12-31 | ฿1.38 Billion | -0.11% |
| 2014-12-31 | ฿1.38 Billion | +57.41% |
| 2013-12-31 | ฿878.32 Million | -99.89% |
| 2012-12-31 | ฿773.97 Billion | +114224.11% |
| 2011-12-31 | ฿677.00 Million | +15.05% |
| 2010-12-31 | ฿588.44 Million | -2.63% |
| 2009-12-31 | ฿604.32 Million | +1.81% |
| 2008-12-31 | ฿593.60 Million | -11.40% |
| 2007-12-31 | ฿669.98 Million | -0.51% |
| 2006-12-31 | ฿673.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eastern Power Group 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 182.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿824.49 Million | 26.27% |
| Other Components | ฿2.31 Billion | 73.73% |
| Total Equity | ฿3.14 Billion | 100.00% |
Eastern Power Group Public Company Limited Competitors by Market Cap
The table below lists competitors of Eastern Power Group Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ikena Oncology Inc
NASDAQ:IKNA
|
$8.74 Million |
|
Chicago Rivet & Machine Co
NYSE MKT:CVR
|
$8.74 Million |
|
Jasper Mining Corporation
PINK:JAMGF
|
$8.74 Million |
|
Equatorial Resources Ltd
AU:EQX
|
$8.75 Million |
|
Darya-Varia Laboratoria Tbk
JK:DVLA
|
$8.73 Million |
|
AUREA SA INH. EO 120
F:94P
|
$8.73 Million |
|
North Energy ASA
OL:NORTH
|
$8.73 Million |
|
Peloton Minerals Corporation
OTCQB:PMCCF
|
$8.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eastern Power Group Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,609,595,142 to 3,138,159,595, a change of -471,435,547 (-13.1%).
- Net loss of 824,895,994 reduced equity.
- Other comprehensive income increased equity by 31,507,571.
- Other factors increased equity by 321,952,876.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-824.90 Million | -26.29% |
| Other Comprehensive Income | ฿31.51 Million | +1.0% |
| Other Changes | ฿321.95 Million | +10.26% |
| Total Change | ฿- | -13.06% |
Book Value vs Market Value Analysis
This analysis compares Eastern Power Group 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: 0.34x
- 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 3.89x to 0.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | ฿0.30 | ฿1.16 | x |
| 2007-12-31 | ฿0.30 | ฿1.16 | x |
| 2008-12-31 | ฿0.77 | ฿1.16 | x |
| 2009-12-31 | ฿0.82 | ฿1.16 | x |
| 2010-12-31 | ฿0.80 | ฿1.16 | x |
| 2011-12-31 | ฿1.08 | ฿1.16 | x |
| 2012-12-31 | ฿1097.02 | ฿1.16 | x |
| 2013-12-31 | ฿1.12 | ฿1.16 | x |
| 2014-12-31 | ฿1.75 | ฿1.16 | x |
| 2015-12-31 | ฿1.51 | ฿1.16 | x |
| 2016-12-31 | ฿2.11 | ฿1.16 | x |
| 2017-12-31 | ฿2.67 | ฿1.16 | x |
| 2018-12-31 | ฿3.06 | ฿1.16 | x |
| 2019-12-31 | ฿3.58 | ฿1.16 | x |
| 2020-12-31 | ฿4.27 | ฿1.16 | x |
| 2021-12-31 | ฿4.61 | ฿1.16 | x |
| 2022-12-31 | ฿4.08 | ฿1.16 | x |
| 2023-12-31 | ฿3.87 | ฿1.16 | x |
| 2024-12-31 | ฿3.37 | ฿1.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eastern Power Group 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): -26.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -89.28%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.95x
- Recent ROE (-26.29%) is below the historical average (12.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.93% | 17.71% | 0.88x | 1.15x | ฿53.37 Million |
| 2007 | 22.60% | 21.86% | 0.89x | 1.16x | ฿84.39 Million |
| 2008 | 21.66% | 19.22% | 0.98x | 1.15x | ฿69.20 Million |
| 2009 | 16.68% | 15.62% | 0.95x | 1.13x | ฿40.38 Million |
| 2010 | 19.06% | 16.77% | 0.85x | 1.33x | ฿53.30 Million |
| 2011 | 12.03% | 13.34% | 0.76x | 1.18x | ฿13.72 Million |
| 2012 | 9.44% | 9.44% | 0.39x | 2.59x | ฿-3.85 Billion |
| 2013 | 16.63% | 16.67% | 0.37x | 2.73x | ฿52.08 Million |
| 2014 | 16.02% | 34.10% | 0.24x | 1.94x | ฿83.31 Million |
| 2015 | 17.88% | 39.69% | 0.24x | 1.87x | ฿108.94 Million |
| 2016 | 6.26% | 18.96% | 0.09x | 3.80x | ฿-70.88 Million |
| 2017 | 9.82% | 29.17% | 0.08x | 4.02x | ฿-3.69 Million |
| 2018 | 13.32% | 43.97% | 0.07x | 4.12x | ฿85.37 Million |
| 2019 | 27.33% | 68.63% | 0.11x | 3.50x | ฿571.78 Million |
| 2020 | 39.75% | 154.10% | 0.12x | 2.13x | ฿1.17 Billion |
| 2021 | 23.43% | 143.95% | 0.06x | 2.68x | ฿577.45 Million |
| 2022 | -8.28% | -35.93% | 0.09x | 2.56x | ฿-696.29 Million |
| 2023 | -12.89% | -56.24% | 0.09x | 2.69x | ฿-826.32 Million |
| 2024 | -26.29% | -89.28% | 0.10x | 2.95x | ฿-1.14 Billion |
Industry Comparison
This section compares Eastern Power Group Public Company Limited's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $405,076,932
- Average return on equity (ROE) among peers: 9.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eastern Power Group Public Company Limited (EP) | ฿3.25 Billion | 17.93% | 1.80x | $8.74 Million |
| ARIP Public Company Limited (ARIP) | $213.40 Million | 2.44% | 0.21x | $2.18 Million |
| Global Service Center Public Company Limited (GSC) | $19.90 Million | 23.01% | 1.15x | $1.36 Million |
| Kingsmen C.M.T.I. Public Company Limited (K) | $401.04 Million | 13.35% | 0.62x | $4.03 Million |
| NICE CALL PUBLIC COMPANY LIMITED (NCP) | $88.13 Million | 22.94% | 0.33x | $1.57 Million |
| PEER FOR YOU PUBLIC COMPANY LIMITED (PEER) | $563.01 Million | -8.68% | 0.24x | $2.06 Million |
| Qualitech Public Company Limited (QLT) | $448.28 Million | 23.14% | 0.20x | $2.93 Million |
| Salee Printing Public Company Limited (SLP) | $850.51 Million | 7.14% | 0.15x | $3.61 Million |
| T.K.S. Technologies Public Company Limited (TKS) | $838.45 Million | 7.54% | 2.04x | $50.05 Million |
| VS_VISERVE ENTERPRISE (VS) | $222.96 Million | -3.62% | 0.15x | $824.65K |