P.C.S. Machine Group Holding Public Company Limited (PCSGH) - Net Assets
Based on the latest financial reports, P.C.S. Machine Group Holding Public Company Limited (PCSGH) has net assets worth ฿5.04 Billion THB (≈ $157.10 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿5.78 Billion ≈ $180.20 Million USD) and total liabilities (฿741.11 Million ≈ $23.10 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 PCSGH asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿5.04 Billion |
| % of Total Assets | 87.18% |
| Annual Growth Rate | 3.31% |
| 5-Year Change | 8.97% |
| 10-Year Change | 3.2% |
| Growth Volatility | 55.07 |
P.C.S. Machine Group Holding Public Company Limited - Net Assets Trend (2010–2025)
This chart illustrates how P.C.S. Machine Group Holding Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore P.C.S. Machine Group Holding Public Comp (PCSGH) total assets for the complete picture of this company's asset base.
Annual Net Assets for P.C.S. Machine Group Holding Public Company Limited (2010–2025)
The table below shows the annual net assets of P.C.S. Machine Group Holding Public Company Limited from 2010 to 2025. For live valuation and market cap data, see P.C.S. Machine Group Holding Public Comp (PCSGH) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿5.04 Billion ≈ $157.10 Million |
-2.90% |
| 2024-12-31 | ฿5.19 Billion ≈ $161.79 Million |
+3.53% |
| 2023-12-31 | ฿5.01 Billion ≈ $156.27 Million |
+3.14% |
| 2022-12-31 | ฿4.86 Billion ≈ $151.52 Million |
+5.10% |
| 2021-12-31 | ฿4.63 Billion ≈ $144.17 Million |
-2.26% |
| 2020-12-31 | ฿4.73 Billion ≈ $147.51 Million |
-0.97% |
| 2019-12-31 | ฿4.78 Billion ≈ $148.95 Million |
-5.17% |
| 2018-12-31 | ฿5.04 Billion ≈ $157.08 Million |
-1.14% |
| 2017-12-31 | ฿5.10 Billion ≈ $158.89 Million |
+4.37% |
| 2016-12-31 | ฿4.88 Billion ≈ $152.23 Million |
+0.19% |
| 2015-12-31 | ฿4.87 Billion ≈ $151.95 Million |
-4.75% |
| 2014-12-31 | ฿5.12 Billion ≈ $159.53 Million |
+204.06% |
| 2013-12-31 | ฿1.68 Billion ≈ $52.47 Million |
-67.26% |
| 2012-12-31 | ฿5.14 Billion ≈ $160.24 Million |
+32.46% |
| 2011-12-31 | ฿3.88 Billion ≈ $120.97 Million |
+25.50% |
| 2010-12-31 | ฿3.09 Billion ≈ $96.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to P.C.S. Machine Group Holding 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 72.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿514.77 Million | 10.21% |
| Other Components | ฿4.53 Billion | 89.79% |
| Total Equity | ฿5.04 Billion | 100.00% |
P.C.S. Machine Group Holding Public Company Limited Competitors by Market Cap
The table below lists competitors of P.C.S. Machine Group Holding Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
D-Box Technologies Inc.
TO:DBO
|
$138.30 Million |
|
Digimarc Corporation
NASDAQ:DMRC
|
$138.30 Million |
|
Chialin Precision Industrial Co Ltd
TWO:3310
|
$138.31 Million |
|
Inission AB (publ)
ST:INISS-B
|
$138.41 Million |
|
Jeil Pharmaceutical Co Ltd
KO:271980
|
$138.25 Million |
|
SPRINGFIELD PROP. LS-125
F:9MZ
|
$138.21 Million |
|
Resources Connection Inc
F:RCO
|
$138.19 Million |
|
Patriot National Bancorp Inc
NASDAQ:PNBK
|
$138.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in P.C.S. Machine Group Holding Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,190,807,147 to 5,040,372,082, a change of -150,435,065 (-2.9%).
- Net income of 544,338,832 contributed positively to equity growth.
- Dividend payments of 446,249,655 reduced retained earnings.
- Share repurchases of 240,000,000 reduced equity.
- Other comprehensive income decreased equity by 152,500,000.
- Other factors increased equity by 143,975,758.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿544.34 Million | +10.8% |
| Dividends Paid | ฿446.25 Million | -8.85% |
| Share Repurchases | ฿240.00 Million | -4.76% |
| Other Comprehensive Income | ฿-152.50 Million | -3.03% |
| Other Changes | ฿143.98 Million | +2.86% |
| Total Change | ฿- | -2.90% |
Book Value vs Market Value Analysis
This analysis compares P.C.S. Machine Group Holding 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: 0.88x
- 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 decreased from 1.53x to 0.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿2.00 | ฿3.06 | x |
| 2011-12-31 | ฿2.51 | ฿3.06 | x |
| 2012-12-31 | ฿3.33 | ฿3.06 | x |
| 2013-12-31 | ฿1.46 | ฿3.06 | x |
| 2014-12-31 | ฿3.48 | ฿3.06 | x |
| 2015-12-31 | ฿3.19 | ฿3.06 | x |
| 2016-12-31 | ฿3.20 | ฿3.06 | x |
| 2017-12-31 | ฿3.34 | ฿3.06 | x |
| 2018-12-31 | ฿3.30 | ฿3.06 | x |
| 2019-12-31 | ฿3.13 | ฿3.06 | x |
| 2020-12-31 | ฿3.10 | ฿3.06 | x |
| 2021-12-31 | ฿3.03 | ฿3.06 | x |
| 2022-12-31 | ฿3.19 | ฿3.06 | x |
| 2023-12-31 | ฿3.29 | ฿3.06 | x |
| 2024-12-31 | ฿3.40 | ฿3.06 | x |
| 2025-12-31 | ฿3.48 | ฿3.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently P.C.S. Machine Group Holding 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): 10.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.30%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.15x
- Recent ROE (10.80%) is below the historical average (17.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 21.84% | 24.21% | 0.68x | 1.33x | ฿366.24 Million |
| 2011 | 20.32% | 24.84% | 0.63x | 1.31x | ฿400.48 Million |
| 2012 | 33.18% | 32.23% | 0.89x | 1.16x | ฿1.19 Billion |
| 2013 | 81.78% | 26.86% | 0.92x | 3.31x | ฿1.21 Billion |
| 2014 | 14.01% | 17.87% | 0.73x | 1.07x | ฿205.38 Million |
| 2015 | 11.11% | 13.24% | 0.76x | 1.10x | ฿54.24 Million |
| 2016 | 7.82% | 10.31% | 0.71x | 1.06x | ฿-106.33 Million |
| 2017 | 12.58% | 16.33% | 0.71x | 1.09x | ฿131.69 Million |
| 2018 | 6.76% | 6.10% | 1.00x | 1.11x | ฿-163.16 Million |
| 2019 | 1.59% | 1.45% | 0.96x | 1.14x | ฿-402.05 Million |
| 2020 | 5.36% | 6.65% | 0.66x | 1.21x | ฿-219.58 Million |
| 2021 | 10.90% | 13.01% | 0.69x | 1.22x | ฿41.49 Million |
| 2022 | 13.66% | 15.75% | 0.72x | 1.20x | ฿177.99 Million |
| 2023 | 14.63% | 18.45% | 0.67x | 1.18x | ฿231.96 Million |
| 2024 | 12.17% | 19.65% | 0.54x | 1.14x | ฿112.73 Million |
| 2025 | 10.80% | 18.30% | 0.51x | 1.15x | ฿40.30 Million |
Industry Comparison
This section compares P.C.S. Machine Group Holding Public Company Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,077,369,706
- Average return on equity (ROE) among peers: 8.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| P.C.S. Machine Group Holding Public Company Limited (PCSGH) | ฿5.04 Billion | 21.84% | 0.15x | $138.30 Million |
| AAPICO Hitech Public Company Limited (AH) | $5.47 Billion | 11.16% | 1.30x | $139.32 Million |
| CPR Gomu Industrial PCL (CPR) | $758.04 Million | 12.32% | 0.13x | $16.75 Million |
| Chai Watana Tannery Group Public Company Limited (CWT) | $421.02 Million | -26.44% | 2.48x | $15.32 Million |
| Fortune Parts Industry Public Company Limited (FPI) | $945.15 Million | 20.35% | 1.50x | $77.81 Million |
| Goodyear (Thailand) Public Company Limited (GYT) | $3.91 Billion | 9.87% | 0.32x | $42.09 Million |
| Hwa Fong Rubber (Thailand) Public Company Limited (HFT) | $3.61 Billion | 6.92% | 0.14x | $85.38 Million |
| Interhides Public Company Limited (IHL) | $708.87 Million | 20.94% | 2.03x | $26.79 Million |
| Ingress Industrial (Thailand) Public Company Limited (INGRS) | $2.55 Billion | 3.84% | 0.76x | $16.24 Million |
| Inoue Rubber (Thailand) Public Company Limited (IRC) | $1.42 Billion | 20.58% | 0.84x | $68.30 Million |
| N.D. Rubber Public Company Limited (NDR) | $982.88 Million | 2.15% | 0.28x | $17.66 Million |
About P.C.S. Machine Group Holding Public Company Limited
P.C.S. Machine Group Holding Public Company Limited manufactures and distributes automotive parts for original equipment manufacturers (OEMs) of the automotive industry in Asia, Europe, and internationally. It offers forged steel parts, aluminum forging parts, and molds; metal processing and transformation, and metal products; engine parts, transmission systems, brake systems, suspension systems,… Read more