Precise Corporation Public Company Limited
Precise Corporation Public Company Limited engages in the production and distribution of electricity business in Thailand and internationally. The company is involved in the production and distribution of electricity transmission equipment; project management; services and maintenance in low and high voltage of power industries; and power utility management services. It also engages in the power … Read more
Precise Corporation Public Company Limited (PCC) - Net Assets
Latest net assets as of September 2025: ฿3.60 Billion THB
Based on the latest financial reports, Precise Corporation Public Company Limited (PCC) has net assets worth ฿3.60 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 (฿5.32 Billion) and total liabilities (฿1.72 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 | ฿3.60 Billion |
| % of Total Assets | 67.58% |
| Annual Growth Rate | 11.77% |
| 5-Year Change | 66.64% |
| 10-Year Change | N/A |
| Growth Volatility | 54.5 |
Precise Corporation Public Company Limited - Net Assets Trend (2014–2024)
This chart illustrates how Precise Corporation 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 Precise Corporation Public Company Limited (2014–2024)
The table below shows the annual net assets of Precise Corporation Public Company Limited from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿3.38 Billion | +3.45% |
| 2023-12-31 | ฿3.27 Billion | +2.78% |
| 2022-12-31 | ฿3.18 Billion | +45.14% |
| 2021-12-31 | ฿2.19 Billion | +7.98% |
| 2020-12-31 | ฿2.03 Billion | +10.14% |
| 2019-12-31 | ฿1.84 Billion | +163.28% |
| 2017-12-31 | ฿699.08 Million | +8.64% |
| 2016-12-31 | ฿643.50 Million | -48.05% |
| 2015-12-31 | ฿1.24 Billion | +11.63% |
| 2014-12-31 | ฿1.11 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Precise Corporation 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 2091.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿937.90 Million | 28.82% |
| Other Components | ฿2.32 Billion | 71.18% |
| Total Equity | ฿3.25 Billion | 100.00% |
Precise Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of Precise Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEBAG NA SF 0,02
F:NWR
|
$48.96 Million |
|
Humasis Co. Ltd
KQ:205470
|
$48.97 Million |
|
JTC Inc
KQ:950170
|
$49.02 Million |
|
CrystalGenomics Inc
KQ:083790
|
$49.02 Million |
|
Titanium Transportation Group Inc.
TO:TTNM
|
$48.94 Million |
|
Inhibikase Therapeutics Inc
NASDAQ:IKT
|
$48.93 Million |
|
351
F:351
|
$48.93 Million |
|
Soundwill Holdings Limited
PINK:SDWHF
|
$48.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precise Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,153,184,337 to 3,254,344,655, a change of 101,160,318 (3.2%).
- Net income of 357,347,172 contributed positively to equity growth.
- Dividend payments of 257,586,315 reduced retained earnings.
- Other comprehensive income decreased equity by 91,566,357.
- Other factors increased equity by 92,965,818.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿357.35 Million | +10.98% |
| Dividends Paid | ฿257.59 Million | -7.92% |
| Other Comprehensive Income | ฿-91.57 Million | -2.81% |
| Other Changes | ฿92.97 Million | +2.86% |
| Total Change | ฿- | 3.21% |
Book Value vs Market Value Analysis
This analysis compares Precise Corporation 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: 1.02x
- 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 3.01x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿0.90 | ฿2.70 | x |
| 2015-12-31 | ฿1.00 | ฿2.70 | x |
| 2016-12-31 | ฿0.51 | ฿2.70 | x |
| 2017-12-31 | ฿0.56 | ฿2.70 | x |
| 2019-12-31 | ฿1.43 | ฿2.70 | x |
| 2020-12-31 | ฿1.57 | ฿2.70 | x |
| 2021-12-31 | ฿1.69 | ฿2.70 | x |
| 2022-12-31 | ฿2.51 | ฿2.70 | x |
| 2023-12-31 | ฿2.57 | ฿2.70 | x |
| 2024-12-31 | ฿2.65 | ฿2.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precise Corporation 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): 10.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.44%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.00x
- Recent ROE (10.98%) is below the historical average (11.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 10.19% | 6.40% | 0.74x | 2.15x | ฿2.07 Million |
| 2015 | 10.72% | 5.09% | 0.79x | 2.68x | ฿8.88 Million |
| 2016 | 9.17% | 5.28% | 0.87x | 2.00x | ฿-5.23 Million |
| 2017 | 11.75% | 6.90% | 0.77x | 2.22x | ฿11.96 Million |
| 2019 | 18.26% | 8.19% | 0.74x | 3.01x | ฿144.85 Million |
| 2020 | 13.19% | 6.27% | 0.75x | 2.80x | ฿61.42 Million |
| 2021 | 9.79% | 5.59% | 0.65x | 2.69x | ฿-4.45 Million |
| 2022 | 9.23% | 5.86% | 0.71x | 2.22x | ฿-23.75 Million |
| 2023 | 10.27% | 7.04% | 0.70x | 2.09x | ฿8.52 Million |
| 2024 | 10.98% | 6.44% | 0.85x | 2.00x | ฿31.91 Million |
Industry Comparison
This section compares Precise Corporation Public Company Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $17,772,356,603
- Average return on equity (ROE) among peers: 2.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Precise Corporation Public Company Limited (PCC) | ฿3.60 Billion | 10.19% | 0.48x | $48.96 Million |
| Advanced Connection Corporation Public Company Limited (ACC) | $706.46 Million | 8.21% | 0.17x | $17.25 Million |
| Berli Jucker PCL (BJC) | $126.20 Billion | 3.17% | 1.67x | $316.94 Million |
| Eastern Technical Engineering Public Company Limited (ETE) | $58.10 Million | 13.78% | 9.72x | $4.01 Million |
| Forth Corporation Public Company Limited (FORTH) | $2.72 Billion | 9.98% | 2.00x | $62.80 Million |
| Loxley Public Company Limited (LOXLEY) | $4.26 Billion | 14.55% | 1.12x | $56.12 Million |
| MBK Public Company Limited (MBK) | $7.29 Billion | 11.11% | 1.05x | $228.06 Million |
| Rabbit Holdings PCL (RABBIT) | $310.77 Million | -34.85% | 5.65x | $29.29 Million |
| Siamraj Public Company Limited (SR) | $827.66 Million | -7.80% | 2.26x | $1.86 Million |
| Saha-Union Public Company Limited (SUC) | $17.58 Billion | 6.99% | 0.32x | $114.86 Million |