Green Tech Ventures PCL
Green Tech Ventures Public Company Limited engages in the electricity generation and property development activities in Thailand, Vietnam, and the Lao People's Democratic Republic. The company produces and distributes cannabis products for medical purposes, as well as invests in hemp. It is also involved in the cryptocurrency mining business. The company was formerly known as United Power of Asia… Read more
Green Tech Ventures PCL (GTV) - Net Assets
Latest net assets as of September 2024: ฿2.61 Billion THB
Based on the latest financial reports, Green Tech Ventures PCL (GTV) has net assets worth ฿2.61 Billion THB as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿5.18 Billion) and total liabilities (฿2.57 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 | ฿2.61 Billion |
| % of Total Assets | 50.45% |
| Annual Growth Rate | -1.17% |
| 5-Year Change | 8.07% |
| 10-Year Change | N/A |
| Growth Volatility | 18.57 |
Green Tech Ventures PCL - Net Assets Trend (2016–2023)
This chart illustrates how Green Tech Ventures PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Green Tech Ventures PCL (2016–2023)
The table below shows the annual net assets of Green Tech Ventures PCL from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿2.73 Billion | -33.83% |
| 2022-12-31 | ฿4.12 Billion | +28.48% |
| 2021-12-31 | ฿3.21 Billion | +8.43% |
| 2020-12-31 | ฿2.96 Billion | +17.25% |
| 2019-12-31 | ฿2.52 Billion | -2.34% |
| 2018-12-31 | ฿2.58 Billion | -6.90% |
| 2017-12-31 | ฿2.78 Billion | -6.30% |
| 2016-12-31 | ฿2.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Green Tech Ventures PCL'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 195145432200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿6.57 Billion | 264.14% |
| Other Comprehensive Income | ฿81.87 Million | 3.29% |
| Total Equity | ฿2.49 Billion | 100.00% |
Green Tech Ventures PCL Competitors by Market Cap
The table below lists competitors of Green Tech Ventures PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Comvita Limited
PINK:CVNZF
|
$14.00 Million |
|
Plan Optik AG
F:P4O
|
$14.00 Million |
|
Ruchira Papers Limited
NSE:RUCHIRA
|
$14.00 Million |
|
Kiattana Transport Public Company Limited
BK:KIAT
|
$14.00 Million |
|
Compañía Minera Autlán S.A.B. de C.V
MX:AUTLANB
|
$13.99 Million |
|
PesoRama Inc.
PINK:PSSOF
|
$13.98 Million |
|
Nuriplan Co. Ltd
KQ:069140
|
$13.98 Million |
|
Manx Financial Group PLC
F:3IM
|
$13.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Green Tech Ventures PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,893,842,630 to 2,485,624,188, a change of -1,408,218,442 (-36.2%).
- Net loss of 1,408,470,914 reduced equity.
- Other comprehensive income increased equity by 166,030.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-1.41 Billion | -56.66% |
| Other Comprehensive Income | ฿166.03K | +0.01% |
| Other Changes | ฿86.44K | +0.0% |
| Total Change | ฿- | -36.17% |
Book Value vs Market Value Analysis
This analysis compares Green Tech Ventures PCL'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: 0.21x
- 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 0.11x to 0.21x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ฿0.37 | ฿0.04 | x |
| 2017-12-31 | ฿0.35 | ฿0.04 | x |
| 2018-12-31 | ฿0.32 | ฿0.04 | x |
| 2019-12-31 | ฿0.31 | ฿0.04 | x |
| 2020-12-31 | ฿0.39 | ฿0.04 | x |
| 2021-12-31 | ฿0.30 | ฿0.04 | x |
| 2022-12-31 | ฿0.30 | ฿0.04 | x |
| 2023-12-31 | ฿0.19 | ฿0.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Green Tech Ventures PCL 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): -56.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -207.84%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.24x
- Recent ROE (-56.66%) is below the historical average (-9.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1.62% | -24.89% | 0.06x | 1.07x | ฿-343.70 Million |
| 2017 | -6.55% | -154.69% | 0.04x | 1.06x | ฿-459.33 Million |
| 2018 | -3.52% | -19476.14% | 0.00x | 1.07x | ฿-349.44 Million |
| 2019 | -2.52% | -131.99% | 0.02x | 1.06x | ฿-316.11 Million |
| 2020 | -2.86% | -173.37% | 0.02x | 1.05x | ฿-380.73 Million |
| 2021 | -0.40% | -4.17% | 0.06x | 1.56x | ฿-314.79 Million |
| 2022 | -5.44% | -68.51% | 0.06x | 1.42x | ฿-601.10 Million |
| 2023 | -56.66% | -207.84% | 0.12x | 2.24x | ฿-1.66 Billion |
Industry Comparison
This section compares Green Tech Ventures PCL'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: $26,747,036,318
- Average return on equity (ROE) among peers: 10.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Green Tech Ventures PCL (GTV) | ฿2.61 Billion | -1.62% | 0.98x | $13.99 Million |
| B.Grimm Power Public Company Limited (BGRIM) | $39.30 Billion | 9.55% | 2.33x | $264.68 Million |
| B GRIMM POWER PCL-NVDR (BGRIM-R) | $40.82 Billion | 8.37% | 2.66x | $305.79 Million |
| BANPU POWER (BPP-R) | $41.18 Billion | 9.26% | 0.25x | $144.89 Million |
| CK Power Public Company Limited (CKP-R) | $35.04 Billion | 1.16% | 0.91x | $184.04 Million |
| Electricity Generating Public Company Limited (EGCO) | $32.11 Billion | 12.74% | 0.91x | $766.57 Million |
| Gulf Energy Development Public Company Limited (GULF) | $39.35 Billion | 8.77% | 1.56x | $7.28 Billion |
| Gunkul Engineering Public Company Limited (GUNKUL) | $3.36 Billion | 16.23% | 1.16x | $227.26 Million |
| Nava Nakorn Public Company Limited (NNCL) | $2.04 Billion | 16.18% | 0.66x | $24.00 Million |
| Rojana Industrial Park Public Company Limited (ROJNA) | $7.52 Billion | 10.07% | 1.76x | $92.64 Million |