Green Resources Public Company Limited (GREEN) - Net Assets

Latest as of December 2025: ฿731.33 Million THB ≈ $22.79 Million USD

Based on the latest financial reports, Green Resources Public Company Limited (GREEN) has net assets worth ฿731.33 Million THB (≈ $22.79 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿937.47 Million ≈ $29.22 Million USD) and total liabilities (฿206.14 Million ≈ $6.43 Million 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 GREEN financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿731.33 Million
% of Total Assets	78.01%
Annual Growth Rate	10.43%
5-Year Change	-9.11%
10-Year Change	3.64%
Growth Volatility	110.68

Green Resources Public Company Limited - Net Assets Trend (2004–2025)

This chart illustrates how Green Resources Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore GREEN current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Green Resources Public Company Limited (2004–2025)

The table below shows the annual net assets of Green Resources Public Company Limited from 2004 to 2025. For live valuation and market cap data, see GREEN market cap.

Year	Net Assets	Change
2025-12-31	฿731.33 Million ≈ $22.79 Million	-5.40%
2024-12-31	฿773.07 Million ≈ $24.10 Million	+0.77%
2023-12-31	฿767.18 Million ≈ $23.91 Million	-3.89%
2022-12-31	฿798.20 Million ≈ $24.88 Million	-0.80%
2021-12-31	฿804.65 Million ≈ $25.08 Million	+6.22%
2020-12-31	฿757.55 Million ≈ $23.61 Million	-10.78%
2019-12-31	฿849.07 Million ≈ $26.46 Million	-1.24%
2018-12-31	฿859.69 Million ≈ $26.80 Million	+32.44%
2017-12-31	฿649.10 Million ≈ $20.23 Million	-8.01%
2016-12-31	฿705.61 Million ≈ $21.99 Million	+1.42%
2015-12-31	฿695.75 Million ≈ $21.69 Million	+139.31%
2014-12-31	฿290.74 Million ≈ $9.06 Million	-21.86%
2013-12-31	฿372.06 Million ≈ $11.60 Million	+23.22%
2012-12-31	฿301.94 Million ≈ $9.41 Million	-37.65%
2011-12-31	฿484.25 Million ≈ $15.09 Million	-11.91%
2010-12-31	฿549.70 Million ≈ $17.13 Million	-7.91%
2009-12-31	฿596.92 Million ≈ $18.61 Million	+0.61%
2008-12-31	฿593.32 Million ≈ $18.49 Million	-0.81%
2007-12-31	฿598.15 Million ≈ $18.64 Million	-5.75%
2006-12-31	฿634.66 Million ≈ $19.78 Million	+16.06%
2005-12-31	฿546.85 Million ≈ $17.04 Million	+501.01%
2004-12-31	฿90.99 Million ≈ $2.84 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Green Resources 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 decreased by 8583.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	฿1.45 Billion	198.47%
Total Equity	฿731.33 Million	100.00%

Green Resources Public Company Limited Competitors by Market Cap

The table below lists competitors of Green Resources Public Company Limited ranked by their market capitalization.

Company	Market Cap
Mineral Commodities Ltd AU:MRC	$18.11 Million
BSA Ltd AU:BSA	$18.12 Million
Northern Graphite Corporation V:NGC	$18.12 Million
GP Petroleums Limited NSE:GULFPETRO	$18.12 Million
Seouleaguer Co. Ltd KQ:043710	$18.10 Million
AVRO INDIA LIMITED NSE:AVROIND	$18.09 Million
Conifer Holding Inc NASDAQ:CNFR	$18.09 Million
Bukit Jalil Global Acquisition 1 Ltd. Ordinary Shares NASDAQ:BUJA	$18.09 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 773,069,000 to 731,330,000, a change of -41,739,000 (-5.4%).
Net loss of 41,250,000 reduced equity.
Other comprehensive income decreased equity by 9,834,000.
Other factors increased equity by 9,345,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-41.25 Million	-5.64%
Other Comprehensive Income	฿-9.83 Million	-1.34%
Other Changes	฿9.35 Million	+1.28%
Total Change	฿-	-5.40%

Book Value vs Market Value Analysis

This analysis compares Green Resources 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: 0.79x
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 increased from 0.42x to 0.79x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	฿1.69	฿0.71	x
2007-12-31	฿1.61	฿0.71	x
2008-12-31	฿1.58	฿0.71	x
2009-12-31	฿1.59	฿0.71	x
2010-12-31	฿1.46	฿0.71	x
2011-12-31	฿1.29	฿0.71	x
2012-12-31	฿1.21	฿0.71	x
2013-12-31	฿1.00	฿0.71	x
2014-12-31	฿0.55	฿0.71	x
2015-12-31	฿1.53	฿0.71	x
2016-12-31	฿1.03	฿0.71	x
2017-12-31	฿0.84	฿0.71	x
2018-12-31	฿0.92	฿0.71	x
2019-12-31	฿0.92	฿0.71	x
2020-12-31	฿0.93	฿0.71	x
2021-12-31	฿0.98	฿0.71	x
2022-12-31	฿0.98	฿0.71	x
2023-12-31	฿0.94	฿0.71	x
2024-12-31	฿0.95	฿0.71	x
2025-12-31	฿0.89	฿0.71	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Green Resources 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): -5.64%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -37.50%
• Asset Turnover: 0.12x
• Equity Multiplier: 1.28x
Recent ROE (-5.64%) is below the historical average (-5.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	23.56%	10.71%	1.64x	1.34x	฿12.34 Million
2005	17.08%	30.80%	0.52x	1.06x	฿38.73 Million
2006	13.05%	27.96%	0.45x	1.04x	฿19.35 Million
2007	1.43%	6.92%	0.20x	1.01x	฿-51.25 Million
2008	1.11%	6.32%	0.17x	1.02x	฿-52.76 Million
2009	0.30%	1.86%	0.16x	1.02x	฿-57.74 Million
2010	-8.54%	-81.15%	0.10x	1.01x	฿-101.66 Million
2011	-12.33%	-223.92%	0.05x	1.02x	฿-108.06 Million
2012	-59.94%	-212.11%	0.26x	1.08x	฿-211.58 Million
2013	-26.39%	-111.16%	0.22x	1.07x	฿-135.95 Million
2014	-28.12%	-162.09%	0.17x	1.04x	฿-111.47 Million
2015	-16.27%	-1147.66%	0.01x	1.09x	฿-183.18 Million
2016	-15.05%	-24.84%	0.58x	1.04x	฿-176.75 Million
2017	-8.97%	-126.51%	0.07x	1.03x	฿-123.10 Million
2018	-0.34%	-1.96%	0.12x	1.51x	฿-77.51 Million
2019	1.65%	10.76%	0.11x	1.44x	฿-62.73 Million
2020	1.71%	9.58%	0.13x	1.40x	฿-62.81 Million
2021	5.85%	38.84%	0.11x	1.43x	฿-33.36 Million
2022	-0.81%	-5.33%	0.11x	1.38x	฿-86.26 Million
2023	-4.00%	-26.65%	0.11x	1.36x	฿-107.44 Million
2024	0.80%	5.86%	0.10x	1.31x	฿-71.09 Million
2025	-5.64%	-37.50%	0.12x	1.28x	฿-114.38 Million

Industry Comparison

This section compares Green Resources 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: $10,190,248,683
Average return on equity (ROE) among peers: 18.36%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Green Resources Public Company Limited (GREEN)	฿731.33 Million	23.56%	0.28x	$18.10 Million
BCPG Public Company Limited (BCPG)	$0.00	0.00%	0.00x	$658.30 Million
Energy Absolute Public Company Limited (EA)	$11.39 Billion	28.55%	2.64x	$611.13 Million
SPCG Public Company Limited (SPCG)	$55.54 Million	34.46%	1.77x	$291.24 Million
Sermsang Power Corporation Public Company Limited (SSP)	$793.66 Million	62.81%	3.57x	$157.24 Million
Super Energy Corporation Public Company Limited (SUPER)	$21.50 Billion	3.09%	2.90x	$93.77 Million
Super Energy Corporation Public Company Limited (SUPER-R)	$14.70 Billion	2.46%	2.27x	$127.87 Million
TPC Power Holding Public Company Limited (TPCH)	$4.05 Billion	10.50%	1.14x	$21.26 Million
TPI Polene Power Public Company Limited (TPIPP)	$33.20 Billion	11.00%	0.80x	$502.70 Million
TPI POLENE POWER (TPIPP-R)	$6.03 Billion	12.32%	0.19x	$596.95 Million

About Green Resources Public Company Limited

BK:GREEN Thailand Utilities - Renewable

Market Cap

$18.10 Million

฿580.80 Million THB

Market Cap Rank

#25344 Global

#503 in Thailand

Share Price

฿0.71

Change (1 day)

+2.90%

52-Week Range

฿0.58 - ฿0.90

All Time High

฿2.20