PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED
Petchsrivichai Enterprise Public Company Limited produces and distributes crude palm kernel oil in Thailand and internationally. It operates through three segments: Manufacture and Distribution of Palm Products; Distribution of Electricity; and Logistics and Services. The company offers semi-refined and refined palm oil products; and crude palm oil, refined bleached deodorized palm oil, refined b… Read more
PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) - Net Assets
Latest net assets as of June 2024: ฿3.15 Billion THB
Based on the latest financial reports, PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) has net assets worth ฿3.15 Billion THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿6.86 Billion) and total liabilities (฿3.71 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 | ฿3.15 Billion |
| % of Total Assets | 45.92% |
| Annual Growth Rate | -12.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED - Net Assets Trend (2022–2023)
This chart illustrates how PETCHSRIVICHAI ENTERPRISE 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 PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (2022–2023)
The table below shows the annual net assets of PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿2.95 Billion | -12.35% |
| 2022-12-31 | ฿3.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PETCHSRIVICHAI ENTERPRISE 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 44514783600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | ฿3.74 Billion | 127.26% |
| Total Equity | ฿2.94 Billion | 100.00% |
PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED Competitors by Market Cap
The table below lists competitors of PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Drilling Tools International Corp.
NASDAQ:DTI
|
$47.28 Million |
|
D O Green Technologies Bhd
KLSE:7204
|
$47.28 Million |
|
Lea Bank ASA
OL:LEA
|
$47.28 Million |
|
Jindal Drilling And Industries Limited
NSE:JINDRILL
|
$47.28 Million |
|
Euro Yatirim Holding AS
IS:EUHOL
|
$47.26 Million |
|
URBAN ONE INC. D N-VTG
F:UA1N
|
$47.24 Million |
|
Arrow Exploration Corp
PINK:CSTPF
|
$47.22 Million |
|
Berlian Laju Tanker Tbk PT
JK:BLTA
|
$47.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,192,116,664 to 2,939,769,663, a change of -252,347,001 (-7.9%).
- Net income of 310,730,662 contributed positively to equity growth.
- Dividend payments of 799,853,137 reduced retained earnings.
- New share issuances of 160,215,500 increased equity.
- Other factors increased equity by 76,559,974.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿310.73 Million | +10.57% |
| Dividends Paid | ฿799.85 Million | -27.21% |
| Share Issuances | ฿160.22 Million | +5.45% |
| Other Changes | ฿76.56 Million | +2.6% |
| Total Change | ฿- | -7.91% |
Book Value vs Market Value Analysis
This analysis compares PETCHSRIVICHAI ENTERPRISE 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: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.12x to 2.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | ฿1.16 | ฿2.46 | x |
| 2023-12-31 | ฿1.07 | ฿2.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PETCHSRIVICHAI ENTERPRISE 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): 10.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.26%
- • Asset Turnover: 4.34x
- • Equity Multiplier: 1.93x
- Recent ROE (10.57%) is above the historical average (2.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -4.85% | -0.47% | 4.93x | 2.08x | ฿-473.90 Million |
| 2023 | 10.57% | 1.26% | 4.34x | 1.93x | ฿16.75 Million |
Industry Comparison
This section compares PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,967,709,024
- Average return on equity (ROE) among peers: 5.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) | ฿3.15 Billion | -4.85% | 1.18x | $47.27 Million |
| Ai Energy Public Company Limited (AIE) | $1.84 Billion | -3.93% | 0.07x | $14.62 Million |
| Agripure Holdings Public Company Limited (APURE) | $2.61 Billion | 10.67% | 0.16x | $10.13 Million |
| Bangkok Ranch PCL (BR) | $4.74 Billion | 2.56% | 1.22x | $25.27 Million |
| Betagro PCL (BTG) | $16.00 Billion | -6.68% | 1.82x | $368.54 Million |
| CHUWIT FARM (2019) PUBLIC COMPANY LIMITED (CFARM) | $425.82 Million | 5.16% | 0.81x | $3.25 Million |
| Chumporn Palm Oil Industry Public Company Limited (CPI) | $2.89 Billion | 11.09% | 0.38x | $27.76 Million |
| Food Moments PCL (FM) | $2.07 Billion | 12.23% | 0.67x | $40.04 Million |
| Lam Soon (Thailand) Public Company Limited (LST) | $3.09 Billion | 12.30% | 0.66x | $33.07 Million |
| Premier Quality Starch PCL (PQS) | $2.03 Billion | 6.68% | 0.23x | $9.66 Million |