Pato Chemical Industry Public Company Limited (PATO) - Net Assets
Based on the latest financial reports, Pato Chemical Industry Public Company Limited (PATO) has net assets worth ฿468.26 Million THB (≈ $14.60 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿543.43 Million ≈ $16.94 Million USD) and total liabilities (฿75.17 Million ≈ $2.34 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 PATO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿468.26 Million |
| % of Total Assets | 86.17% |
| Annual Growth Rate | 1.63% |
| 5-Year Change | -4.19% |
| 10-Year Change | -9.31% |
| Growth Volatility | 8.36 |
Pato Chemical Industry Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Pato Chemical Industry Public Company Limited's net assets have evolved over time, based on quarterly financial data. See PATO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Pato Chemical Industry Public Company Limited (2000–2024)
The table below shows the annual net assets of Pato Chemical Industry Public Company Limited from 2000 to 2024. For live valuation and market cap data, see PATO market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿500.60 Million ≈ $15.60 Million |
+1.31% |
| 2023-12-31 | ฿494.11 Million ≈ $15.40 Million |
-0.38% |
| 2022-12-31 | ฿496.01 Million ≈ $15.46 Million |
-13.27% |
| 2021-12-31 | ฿571.89 Million ≈ $17.83 Million |
+9.46% |
| 2020-12-31 | ฿522.48 Million ≈ $16.29 Million |
-0.94% |
| 2019-12-31 | ฿527.45 Million ≈ $16.44 Million |
+1.74% |
| 2019-09-30 | ฿518.45 Million ≈ $16.16 Million |
-11.68% |
| 2018-12-31 | ฿587.00 Million ≈ $18.30 Million |
-4.70% |
| 2017-12-31 | ฿615.93 Million ≈ $19.20 Million |
+11.58% |
| 2016-12-31 | ฿552.02 Million ≈ $17.21 Million |
+7.65% |
| 2015-12-31 | ฿512.78 Million ≈ $15.98 Million |
-1.63% |
| 2014-12-31 | ฿521.27 Million ≈ $16.25 Million |
+0.67% |
| 2013-12-31 | ฿517.81 Million ≈ $16.14 Million |
+12.03% |
| 2012-12-31 | ฿462.19 Million ≈ $14.41 Million |
-12.04% |
| 2011-12-31 | ฿525.44 Million ≈ $16.38 Million |
+1.26% |
| 2010-12-31 | ฿518.92 Million ≈ $16.17 Million |
+10.84% |
| 2009-12-31 | ฿468.18 Million ≈ $14.59 Million |
+12.53% |
| 2008-12-31 | ฿416.04 Million ≈ $12.97 Million |
+12.52% |
| 2007-12-31 | ฿369.76 Million ≈ $11.53 Million |
+8.10% |
| 2006-12-31 | ฿342.05 Million ≈ $10.66 Million |
-2.53% |
| 2005-12-31 | ฿350.93 Million ≈ $10.94 Million |
+12.02% |
| 2004-12-31 | ฿313.27 Million ≈ $9.76 Million |
-6.37% |
| 2003-12-31 | ฿334.58 Million ≈ $10.43 Million |
+4.65% |
| 2002-12-31 | ฿319.72 Million ≈ $9.97 Million |
+7.43% |
| 2001-12-31 | ฿297.61 Million ≈ $9.28 Million |
-12.46% |
| 2000-12-31 | ฿339.98 Million ≈ $10.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pato Chemical Industry 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 610.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿204.38 Million | 40.83% |
| Common Stock | ฿142.37 Million | 28.44% |
| Other Comprehensive Income | ฿14.24 Million | 2.84% |
| Other Components | ฿139.61 Million | 27.89% |
| Total Equity | ฿500.60 Million | 100.00% |
Pato Chemical Industry Public Company Limited Competitors by Market Cap
The table below lists competitors of Pato Chemical Industry Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Garda Tujuh Buana Tbk
JK:GTBO
|
$27.10 Million |
|
Morgan Sindall Group PLC
LSE:MGNS
|
$27.10 Million |
|
Pivotree Inc
V:PVT
|
$27.12 Million |
|
Kyntra Bio, Inc.
NASDAQ:KYNB
|
$27.12 Million |
|
Advance NanoTek Limited
F:BBJ
|
$27.06 Million |
|
Triniti Dinamik PT Tbk
JK:TRUE
|
$27.06 Million |
|
East Asia Holdings Investment Limited
KQ:900110
|
$27.05 Million |
|
Hulamin
JSE:HLM
|
$27.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pato Chemical Industry Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 494,110,468 to 500,604,143, a change of 6,493,675 (1.3%).
- Net income of 85,948,196 contributed positively to equity growth.
- Dividend payments of 71,158,928 reduced retained earnings.
- Other comprehensive income increased equity by 14,745,167.
- Other factors decreased equity by 23,040,760.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿85.95 Million | +17.17% |
| Dividends Paid | ฿71.16 Million | -14.21% |
| Other Comprehensive Income | ฿14.75 Million | +2.95% |
| Other Changes | ฿-23.04 Million | -4.6% |
| Total Change | ฿- | 1.31% |
Book Value vs Market Value Analysis
This analysis compares Pato Chemical Industry 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: 1.74x
- 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 2.87x to 1.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | ฿2.13 | ฿6.10 | x |
| 2002-12-31 | ฿2.28 | ฿6.10 | x |
| 2003-12-31 | ฿2.39 | ฿6.10 | x |
| 2004-12-31 | ฿2.24 | ฿6.10 | x |
| 2005-12-31 | ฿2.51 | ฿6.10 | x |
| 2006-12-31 | ฿2.44 | ฿6.10 | x |
| 2007-12-31 | ฿2.64 | ฿6.10 | x |
| 2008-12-31 | ฿2.97 | ฿6.10 | x |
| 2009-12-31 | ฿3.34 | ฿6.10 | x |
| 2010-12-31 | ฿3.71 | ฿6.10 | x |
| 2011-12-31 | ฿3.75 | ฿6.10 | x |
| 2012-12-31 | ฿3.30 | ฿6.10 | x |
| 2013-12-31 | ฿3.70 | ฿6.10 | x |
| 2014-12-31 | ฿3.70 | ฿6.10 | x |
| 2015-12-31 | ฿3.65 | ฿6.10 | x |
| 2016-12-31 | ฿3.86 | ฿6.10 | x |
| 2017-12-31 | ฿4.33 | ฿6.10 | x |
| 2018-12-31 | ฿4.12 | ฿6.10 | x |
| 2019-12-31 | ฿3.70 | ฿6.10 | x |
| 2020-12-31 | ฿3.67 | ฿6.10 | x |
| 2021-12-31 | ฿4.02 | ฿6.10 | x |
| 2022-12-31 | ฿3.48 | ฿6.10 | x |
| 2023-12-31 | ฿3.49 | ฿6.10 | x |
| 2024-12-31 | ฿3.51 | ฿6.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pato Chemical Industry 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): 17.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.70%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.27x
- Recent ROE (17.17%) is below the historical average (19.34%), 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 | 5.46% | 1.80% | 1.15x | 2.64x | ฿-14.43 Million |
| 2001 | 2.64% | 1.76% | 1.25x | 1.19x | ฿-21.91 Million |
| 2002 | 9.32% | 6.05% | 1.38x | 1.12x | ฿-2.16 Million |
| 2003 | 12.81% | 8.11% | 1.30x | 1.22x | ฿9.40 Million |
| 2004 | 5.71% | 3.20% | 1.33x | 1.34x | ฿-13.44 Million |
| 2005 | 17.51% | 11.49% | 1.21x | 1.26x | ฿26.37 Million |
| 2006 | 13.78% | 7.84% | 1.29x | 1.36x | ฿12.92 Million |
| 2007 | 21.69% | 12.93% | 1.17x | 1.44x | ฿43.23 Million |
| 2008 | 27.11% | 14.88% | 1.60x | 1.14x | ฿71.17 Million |
| 2009 | 33.56% | 18.24% | 1.38x | 1.33x | ฿110.32 Million |
| 2010 | 35.41% | 20.50% | 1.21x | 1.43x | ฿131.85 Million |
| 2011 | 32.80% | 18.05% | 1.64x | 1.11x | ฿119.81 Million |
| 2012 | 18.45% | 26.30% | 0.61x | 1.16x | ฿39.07 Million |
| 2013 | 26.07% | 18.37% | 1.12x | 1.27x | ฿83.22 Million |
| 2014 | 24.78% | 18.15% | 1.11x | 1.23x | ฿77.02 Million |
| 2015 | 19.47% | 15.41% | 1.01x | 1.25x | ฿48.55 Million |
| 2016 | 24.87% | 19.35% | 1.03x | 1.25x | ฿82.09 Million |
| 2017 | 31.61% | 22.44% | 1.20x | 1.17x | ฿133.12 Million |
| 2018 | 26.92% | 19.35% | 1.03x | 1.35x | ฿99.31 Million |
| 2019 | 16.44% | 15.26% | 0.88x | 1.22x | ฿33.98 Million |
| 2020 | 15.65% | 14.82% | 0.91x | 1.17x | ฿29.54 Million |
| 2021 | 20.75% | 18.38% | 0.94x | 1.20x | ฿61.51 Million |
| 2022 | 9.06% | 10.05% | 0.77x | 1.17x | ฿-4.68 Million |
| 2023 | 14.34% | 11.94% | 1.04x | 1.15x | ฿21.43 Million |
| 2024 | 17.17% | 13.70% | 0.99x | 1.27x | ฿35.89 Million |
Industry Comparison
This section compares Pato Chemical Industry Public Company Limited's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,688,853,222
- Average return on equity (ROE) among peers: 8.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pato Chemical Industry Public Company Limited (PATO) | ฿468.26 Million | 5.46% | 0.16x | $27.07 Million |
| PM Thoresen Asia Holdings PCL (PMTA) | $1.69 Billion | 8.92% | 0.43x | $29.97 Million |
About Pato Chemical Industry Public Company Limited
Pato Chemical Industry Public Company Limited engages in formulating and distributing of pesticides in Thailand. It offers herbicides, insecticides, fungicides, and acaricides, as well as plant growth regulators, and molluscicides. The company was founded in 1972 and is headquartered in Bangkok, Thailand.