PTT OIL & RETAIL BUSINE-NVDR
PTT Oil and Retail Business Public Company Limited, together with its subsidiaries, engages in the commercial and retail marketing of petroleum products and other services in Thailand and internationally. The company operates through Mobility Business, Lifestyle Business, and Global Business segments. It is involved in the lube oil blending and bottling, and other fuel-related services; oil and r… Read more
PTT OIL & RETAIL BUSINE-NVDR (OR-R) - Net Assets
Latest net assets as of September 2024: ฿106.00 Billion THB
Based on the latest financial reports, PTT OIL & RETAIL BUSINE-NVDR (OR-R) has net assets worth ฿106.00 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 (฿201.42 Billion) and total liabilities (฿95.42 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 | ฿106.00 Billion |
| % of Total Assets | 52.63% |
| Annual Growth Rate | 19.18% |
| 5-Year Change | 182.91% |
| 10-Year Change | N/A |
| Growth Volatility | 58.67 |
PTT OIL & RETAIL BUSINE-NVDR - Net Assets Trend (2016–2023)
This chart illustrates how PTT OIL & RETAIL BUSINE-NVDR's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PTT OIL & RETAIL BUSINE-NVDR (2016–2023)
The table below shows the annual net assets of PTT OIL & RETAIL BUSINE-NVDR from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿109.51 Billion | +5.54% |
| 2022-12-31 | ฿103.76 Billion | +3.89% |
| 2021-12-31 | ฿99.87 Billion | +163.40% |
| 2020-12-31 | ฿37.92 Billion | -2.05% |
| 2019-12-31 | ฿38.71 Billion | +38.52% |
| 2018-12-31 | ฿27.94 Billion | -32.60% |
| 2017-12-31 | ฿41.46 Billion | +29.29% |
| 2016-12-31 | ฿32.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PTT OIL & RETAIL BUSINE-NVDR'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 31.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿30.75 Billion | 28.09% |
| Common Stock | ฿120.00 Billion | 109.65% |
| Other Comprehensive Income | ฿1.88 Billion | 1.71% |
| Total Equity | ฿109.44 Billion | 100.00% |
PTT OIL & RETAIL BUSINE-NVDR Competitors by Market Cap
The table below lists competitors of PTT OIL & RETAIL BUSINE-NVDR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innovative Medical Management Co Ltd
SHE:002173
|
$1.16 Billion |
|
Thai Union Group Public Company Limited
PINK:THFRF
|
$1.16 Billion |
|
Beijing Watertek Information Technology Co Ltd
SHE:300324
|
$1.16 Billion |
|
Mizuno Corporation
F:MIZ
|
$1.16 Billion |
|
Dr. Lal Path Labs Ltd.
NSE:LALPATHLAB
|
$1.16 Billion |
|
MFE MEDIAFOREUROPE NV
LSE:0NE1
|
$1.16 Billion |
|
BEIJER ALMA AB B SK 2083
F:6O4
|
$1.16 Billion |
|
AnaptysBio Inc
NASDAQ:ANAB
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PTT OIL & RETAIL BUSINE-NVDR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 103,701,077,478 to 109,442,849,764, a change of 5,741,772,286 (5.5%).
- Net income of 11,094,066,725 contributed positively to equity growth.
- Dividend payments of 4,789,179,248 reduced retained earnings.
- Share repurchases of 3,524,616 reduced equity.
- Other comprehensive income increased equity by 431,140,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿11.09 Billion | +10.14% |
| Dividends Paid | ฿4.79 Billion | -4.38% |
| Share Repurchases | ฿3.52 Million | -0.0% |
| Other Comprehensive Income | ฿431.14 Million | +0.39% |
| Other Changes | ฿-990.73 Million | -0.91% |
| Total Change | ฿- | 5.54% |
Book Value vs Market Value Analysis
This analysis compares PTT OIL & RETAIL BUSINE-NVDR'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: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.43x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ฿2.67 | ฿14.50 | x |
| 2017-12-31 | ฿3.46 | ฿14.50 | x |
| 2018-12-31 | ฿2.41 | ฿14.50 | x |
| 2019-12-31 | ฿3.23 | ฿14.50 | x |
| 2020-12-31 | ฿3.15 | ฿14.50 | x |
| 2021-12-31 | ฿8.57 | ฿14.50 | x |
| 2022-12-31 | ฿8.64 | ฿14.50 | x |
| 2023-12-31 | ฿9.08 | ฿14.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PTT OIL & RETAIL BUSINE-NVDR 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): 10.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.44%
- • Asset Turnover: 3.49x
- • Equity Multiplier: 2.01x
- Recent ROE (10.14%) is below the historical average (12.35%), 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 | 3.23% | 0.21% | 6.08x | 2.49x | ฿-2.17 Billion |
| 2017 | 1.80% | 0.14% | 5.69x | 2.32x | ฿-3.40 Billion |
| 2018 | 10.76% | 0.51% | 4.12x | 5.17x | ฿211.37 Million |
| 2019 | 28.15% | 1.89% | 3.79x | 3.93x | ฿7.03 Billion |
| 2020 | 23.24% | 2.05% | 2.96x | 3.83x | ฿5.01 Billion |
| 2021 | 11.49% | 2.24% | 2.46x | 2.08x | ฿1.49 Billion |
| 2022 | 10.00% | 1.31% | 3.50x | 2.17x | ฿295.94K |
| 2023 | 10.14% | 1.44% | 3.49x | 2.01x | ฿149.78 Million |
Industry Comparison
This section compares PTT OIL & RETAIL BUSINE-NVDR's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $34,689,446,051
- Average return on equity (ROE) among peers: 14.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PTT OIL & RETAIL BUSINE-NVDR (OR-R) | ฿106.00 Billion | 3.23% | 0.90x | $1.16 Billion |
| ATLAS (ATLAS) | $1.44 Billion | 19.77% | 4.80x | $22.20 Million |
| Bangchak Corporation Public Company Limited (BCP-R) | $58.82 Billion | 2.94% | 1.17x | $1.02 Billion |
| Esso (Thailand) Public Company Limited (BSRC) | $20.75 Billion | 32.04% | 1.85x | $53.08 Million |
| IRPC Public Company Limited (IRPC) | $83.40 Billion | -1.37% | 1.13x | $411.27 Million |
| PTT Oil and Retail Business Public Company Limited (OR) | $99.87 Billion | 11.49% | 1.08x | $937.47 Million |
| Premier Tank Corp. PCL (PTC) | $902.73 Million | 5.20% | 0.02x | $3.24 Million |
| Sea Oil Public Company Limited (SEAOIL) | $164.21 Million | 27.79% | 1.39x | $31.65 Million |
| Siamgas and Petrochemicals Public Company Limited (SGP) | $10.13 Billion | 8.60% | 2.53x | $103.31 Million |
| Star Petroleum Refining Co Ltd (SPRC) | $36.72 Billion | 22.40% | 0.66x | $367.39 Million |