The Platinum Group Public Company Limited (PLAT) - Net Assets
Based on the latest financial reports, The Platinum Group Public Company Limited (PLAT) has net assets worth ฿8.73 Billion THB (≈ $272.17 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿13.13 Billion ≈ $409.24 Million USD) and total liabilities (฿4.40 Billion ≈ $137.07 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 asset allocation strategy of The Platinum Group Public Company Limite to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿8.73 Billion |
| % of Total Assets | 66.51% |
| Annual Growth Rate | 11.82% |
| 5-Year Change | 8.68% |
| 10-Year Change | 0.19% |
| Growth Volatility | 58.16 |
The Platinum Group Public Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how The Platinum Group Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see The Platinum Group Public Company Limite market capitalisation.
Annual Net Assets for The Platinum Group Public Company Limited (2013–2025)
The table below shows the annual net assets of The Platinum Group Public Company Limited from 2013 to 2025. Also explore The Platinum Group Public Company Limite (PLAT) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿8.48 Billion ≈ $264.37 Million |
+5.34% |
| 2024-12-31 | ฿8.05 Billion ≈ $250.98 Million |
+5.49% |
| 2023-12-31 | ฿7.63 Billion ≈ $237.91 Million |
+2.38% |
| 2022-12-31 | ฿7.46 Billion ≈ $232.37 Million |
-4.47% |
| 2021-12-31 | ฿7.80 Billion ≈ $243.25 Million |
-6.05% |
| 2020-12-31 | ฿8.31 Billion ≈ $258.90 Million |
-8.88% |
| 2019-12-31 | ฿9.12 Billion ≈ $284.14 Million |
+1.73% |
| 2018-12-31 | ฿8.96 Billion ≈ $279.31 Million |
+2.60% |
| 2017-12-31 | ฿8.73 Billion ≈ $272.23 Million |
+3.16% |
| 2016-12-31 | ฿8.47 Billion ≈ $263.88 Million |
+3.21% |
| 2015-12-31 | ฿8.20 Billion ≈ $255.68 Million |
+211.16% |
| 2014-12-31 | ฿2.64 Billion ≈ $82.17 Million |
+18.78% |
| 2013-12-31 | ฿2.22 Billion ≈ $69.17 Million |
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Equity Component Analysis
This analysis shows how different components contribute to The Platinum Group 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 287.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿992.24 Million | 11.70% |
| Common Stock | ฿2.80 Billion | 33.01% |
| Other Comprehensive Income | ฿280.00 Million | 3.30% |
| Other Components | ฿4.41 Billion | 51.99% |
| Total Equity | ฿8.48 Billion | 100.00% |
The Platinum Group Public Company Limited Competitors by Market Cap
The table below lists competitors of The Platinum Group Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inspired Entertainment Inc
NASDAQ:INSE
|
$120.44 Million |
|
Softronic AB
ST:SOF-B
|
$120.45 Million |
|
Bohae Brewery
KO:000890
|
$120.49 Million |
|
Amotech Co. Ltd
KQ:052710
|
$120.52 Million |
|
Technos S.A
SA:TECN3
|
$120.38 Million |
|
Quintain Steel Co Ltd
TW:2017
|
$120.36 Million |
|
Uni Charm Indonesia PT
JK:UCID
|
$120.32 Million |
|
BEC World Public Company Limited
BK:BEC
|
$120.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Platinum Group Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,052,067,164 to 8,481,859,680, a change of 429,792,516 (5.3%).
- Net income of 429,792,516 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿429.79 Million | +5.07% |
| Total Change | ฿- | 5.34% |
Book Value vs Market Value Analysis
This analysis compares The Platinum Group 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: 0.46x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿2.51 | ฿1.38 | x |
| 2014-12-31 | ฿0.94 | ฿1.38 | x |
| 2015-12-31 | ฿3.09 | ฿1.38 | x |
| 2016-12-31 | ฿3.02 | ฿1.38 | x |
| 2017-12-31 | ฿3.12 | ฿1.38 | x |
| 2018-12-31 | ฿3.20 | ฿1.38 | x |
| 2019-12-31 | ฿3.26 | ฿1.38 | x |
| 2020-12-31 | ฿2.97 | ฿1.38 | x |
| 2021-12-31 | ฿2.79 | ฿1.38 | x |
| 2022-12-31 | ฿2.66 | ฿1.38 | x |
| 2023-12-31 | ฿2.73 | ฿1.38 | x |
| 2024-12-31 | ฿2.88 | ฿1.38 | x |
| 2025-12-31 | ฿3.03 | ฿1.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Platinum Group 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): 5.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.82%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.62x
- Recent ROE (5.07%) is below the historical average (5.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.35% | 21.35% | 0.27x | 1.99x | ฿29.65 Million |
| 2014 | 16.63% | 31.52% | 0.34x | 1.56x | ฿174.84 Million |
| 2015 | 7.67% | 39.36% | 0.17x | 1.16x | ฿-190.75 Million |
| 2016 | 8.32% | 40.98% | 0.17x | 1.16x | ฿-142.45 Million |
| 2017 | 8.84% | 40.14% | 0.18x | 1.20x | ฿-101.45 Million |
| 2018 | 8.76% | 38.60% | 0.18x | 1.27x | ฿-111.07 Million |
| 2019 | 7.84% | 30.65% | 0.20x | 1.28x | ฿-196.62 Million |
| 2020 | -3.01% | -29.90% | 0.07x | 1.39x | ฿-1.08 Billion |
| 2021 | -6.48% | -125.59% | 0.03x | 1.48x | ฿-1.29 Billion |
| 2022 | -4.81% | -40.84% | 0.07x | 1.60x | ฿-1.10 Billion |
| 2023 | 2.33% | 9.60% | 0.16x | 1.51x | ฿-585.65 Million |
| 2024 | 5.08% | 15.99% | 0.22x | 1.47x | ฿-396.24 Million |
| 2025 | 5.07% | 15.82% | 0.20x | 1.62x | ฿-418.39 Million |
Industry Comparison
This section compares The Platinum Group Public Company Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,982,415,037
- Average return on equity (ROE) among peers: -4.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Platinum Group Public Company Limited (PLAT) | ฿8.73 Billion | 11.35% | 0.50x | $120.44 Million |
| Areeya Property Public Company Limited (A) | $3.34 Billion | 2.92% | 3.04x | $147.84 Million |
| Amata Corporation Public Company Limited (AMATA) | $5.58 Billion | 24.11% | 1.21x | $1.20 Billion |
| Amata Corporation Public Company Limited (AMATA-R) | $14.97 Billion | 9.41% | 0.96x | $605.77 Million |
| Ananda Development Public Company Limited (ANAN) | $17.24 Billion | -2.02% | 1.28x | $40.26 Million |
| AP (Thailand) Public Company Limited (AP) | $43.64 Billion | 11.50% | 0.95x | $774.63 Million |
| Baan Rock Garden Public Company Limited (BROCK) | $1.22 Billion | 0.45% | 0.02x | $35.46 Million |
| Country Group Development Public Company Limited (CGD) | $249.16 Million | -89.90% | 0.91x | $25.76 Million |
| Chewathai Public Company Limited (CHEWA) | $355.92 Million | 12.14% | 4.75x | $6.76 Million |
| Charn Issara Development Public Company Limited (CI) | $2.25 Billion | -11.76% | 3.82x | $11.97 Million |
| Eastern Star Real Estate Public Company Limited (ESTAR) | $964.23 Million | 0.00% | 0.82x | $39.13 Million |
About The Platinum Group Public Company Limited
The Platinum Group Public Company Limited, together with its subsidiaries, engages in the property development business in Thailand. It develops and rents retail space in shopping centers and office spaces, and residential properties; and operates hotels, as well as food and beverage centers. The Platinum Group Public Company Limited was incorporated in 2013 and is based in Bangkok, Thailand.