Planet Communications Asia Public Company Limited

BK:PLANET Thailand Communication Equipment
Market Cap
$7.03 Million
฿243.94 Million THB
Market Cap Rank
#32223 Global
#716 in Thailand
Share Price
฿0.37
Change (1 day)
+2.78%
52-Week Range
฿0.36 - ฿1.93
All Time High
฿3.58
Categories
Companies in Thailand Communication Equipment Technology AI & Machine Learning
About

Planet Communications Asia Public Company Limited engages in the distribution, installation, maintenance, and servicing of telecommunication equipment in Thailand, the United States, Cambodia, Laos, Bangladesh, Malaysia, and Republic of the Union of Myanmar. It operates in three segments: Sale of Products and Solution, Services, and Service Providers. The company offers the NextGen meeting room, … Read more

Planet Communications Asia Public Company Limited (PLANET) - Net Assets

Latest net assets as of December 2025: ฿565.70 Million THB

Based on the latest financial reports, Planet Communications Asia Public Company Limited (PLANET) has net assets worth ฿565.70 Million THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.38 Billion) and total liabilities (฿810.13 Million). 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 ฿565.70 Million
% of Total Assets 41.12%
Annual Growth Rate 9.81%
5-Year Change -7.24%
10-Year Change 30.94%
Growth Volatility 34.52

Planet Communications Asia Public Company Limited - Net Assets Trend (2011–2025)

This chart illustrates how Planet Communications Asia 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 Planet Communications Asia Public Company Limited (2011–2025)

The table below shows the annual net assets of Planet Communications Asia Public Company Limited from 2011 to 2025.

Year Net Assets Change
2025-12-31 ฿565.70 Million +18.37%
2024-12-31 ฿477.89 Million -7.91%
2023-12-31 ฿518.96 Million -15.66%
2022-12-31 ฿615.32 Million +0.89%
2021-12-31 ฿609.87 Million +47.14%
2020-12-31 ฿414.48 Million +0.59%
2019-12-31 ฿412.04 Million -0.25%
2018-12-31 ฿413.06 Million +3.16%
2017-12-31 ฿400.40 Million -7.32%
2016-12-31 ฿432.02 Million -10.68%
2015-12-31 ฿483.70 Million +5.08%
2014-12-31 ฿460.30 Million +121.63%
2013-12-31 ฿207.69 Million -1.34%
2012-12-31 ฿210.50 Million +37.88%
2011-12-31 ฿152.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to Planet Communications Asia 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 392.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components ฿932.64 Million 166.77%
Total Equity ฿559.23 Million 100.00%

Planet Communications Asia Public Company Limited Competitors by Market Cap

The table below lists competitors of Planet Communications Asia Public Company Limited ranked by their market capitalization.

Company Market Cap
MAA Group Bhd
KLSE:1198
 		$3.82 Million
Bumi Citra Permai Tbk
JK:BCIP
 		$3.82 Million
Activeport Group Ltd
AU:ATV
 		$3.82 Million
Cardio Diagnostics Holdings Inc
NASDAQ:CDIO
 		$3.83 Million
Brag House Holdings, Inc. Common Stock
NASDAQ:TBH
 		$3.82 Million
SosTravel.com S.P.A.
PINK:SOSAF
 		$3.82 Million
ESE Entertainment Inc
OTCQB:ENTEF
 		$3.82 Million
Largo SAS
PA:ALLGO
 		$3.81 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Planet Communications Asia Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 477,290,776 to 559,227,723, a change of 81,936,947 (17.2%).
  • Net loss of 57,507,629 reduced equity.
  • New share issuances of 141,103,071 increased equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿-57.51 Million -10.28%
Share Issuances ฿141.10 Million +25.23%
Other Changes ฿-1.66 Million -0.3%
Total Change ฿- 17.17%

Book Value vs Market Value Analysis

This analysis compares Planet Communications Asia 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: 0.44x
  • 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 increased from 0.05x to 0.44x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 ฿7.68 ฿0.37 x
2013-12-31 ฿1.85 ฿0.37 x
2014-12-31 ฿1.95 ฿0.37 x
2015-12-31 ฿1.74 ฿0.37 x
2016-12-31 ฿1.59 ฿0.37 x
2017-12-31 ฿1.46 ฿0.37 x
2018-12-31 ฿1.51 ฿0.37 x
2019-12-31 ฿1.36 ฿0.37 x
2020-12-31 ฿1.37 ฿0.37 x
2021-12-31 ฿1.36 ฿0.37 x
2022-12-31 ฿1.62 ฿0.37 x
2023-12-31 ฿1.09 ฿0.37 x
2024-12-31 ฿0.82 ฿0.37 x
2025-12-31 ฿0.85 ฿0.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Planet Communications Asia 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): -10.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -11.37%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 2.46x
  • Recent ROE (-10.28%) is below the historical average (-0.24%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 27.48% 9.22% 1.15x 2.59x ฿36.79 Million
2013 23.51% 6.50% 1.73x 2.09x ฿28.05 Million
2014 10.53% 5.09% 1.36x 1.52x ฿2.42 Million
2015 11.04% 5.24% 1.09x 1.93x ฿5.02 Million
2016 -5.72% -3.45% 0.85x 1.94x ฿-67.92 Million
2017 -7.90% -4.68% 0.80x 2.12x ฿-71.66 Million
2018 1.42% 0.78% 0.92x 1.97x ฿-35.43 Million
2019 -0.24% -0.12% 0.93x 2.17x ฿-42.20 Million
2020 0.59% 0.41% 0.74x 1.95x ฿-39.01 Million
2021 1.10% 1.59% 0.51x 1.37x ฿-54.28 Million
2022 -4.43% -4.45% 0.65x 1.54x ฿-88.78 Million
2023 -40.02% -38.09% 0.42x 2.48x ฿-259.00 Million
2024 -10.36% -7.69% 0.50x 2.69x ฿-97.18 Million
2025 -10.28% -11.37% 0.37x 2.46x ฿-113.43 Million

Industry Comparison

This section compares Planet Communications Asia Public Company Limited's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $927,779,267
  • Average return on equity (ROE) among peers: 12.71%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Planet Communications Asia Public Company Limited (PLANET) ฿565.70 Million 27.48% 1.43x $3.82 Million
ALT Telecom Public Company Limited (ALT) $1.61 Billion 1.36% 1.25x $12.78 Million
Interlink Communication Public Company Limited (ILINK) $460.60 Million 17.68% 0.35x $34.91 Million
The Practical Solution Public Company Limited (TPS) $710.21 Million 19.08% 0.80x $10.96 Million