Power Line Engineering Public Company Limited
Power Line Engineering Public Company Limited, together with its subsidiaries, engages in civil construction, real estate, and system installation of electrical, air condition, sanitary, and fire protection in Thailand. The company provides infrastructure services; road work services; water treatment, factory, and power plant services; and building construction services. It also offers installati… Read more
Power Line Engineering Public Company Limited (PLE) - Net Assets
Latest net assets as of September 2025: ฿1.58 Billion THB
Based on the latest financial reports, Power Line Engineering Public Company Limited (PLE) has net assets worth ฿1.58 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 (฿14.01 Billion) and total liabilities (฿12.43 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 | ฿1.58 Billion |
| % of Total Assets | 11.28% |
| Annual Growth Rate | 7.0% |
| 5-Year Change | -42.01% |
| 10-Year Change | 513.79% |
| Growth Volatility | 78.51 |
Power Line Engineering Public Company Limited - Net Assets Trend (2001–2024)
This chart illustrates how Power Line Engineering 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 Power Line Engineering Public Company Limited (2001–2024)
The table below shows the annual net assets of Power Line Engineering Public Company Limited from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.46 Billion | -40.76% |
| 2023-12-31 | ฿2.46 Billion | -2.42% |
| 2022-12-31 | ฿2.52 Billion | -8.23% |
| 2021-12-31 | ฿2.75 Billion | +9.31% |
| 2020-12-31 | ฿2.51 Billion | -1.77% |
| 2019-12-31 | ฿2.56 Billion | +3.67% |
| 2018-12-31 | ฿2.47 Billion | +6.70% |
| 2017-12-31 | ฿2.31 Billion | +166.09% |
| 2016-12-31 | ฿869.61 Million | +266.11% |
| 2015-12-31 | ฿237.53 Million | -89.22% |
| 2014-12-31 | ฿2.20 Billion | -3.63% |
| 2013-12-31 | ฿2.29 Billion | +28.65% |
| 2012-12-31 | ฿1.78 Billion | -1.94% |
| 2011-12-31 | ฿1.81 Billion | -23.72% |
| 2010-12-31 | ฿2.38 Billion | +31.42% |
| 2009-12-31 | ฿1.81 Billion | -37.98% |
| 2008-12-31 | ฿2.92 Billion | -5.50% |
| 2007-12-31 | ฿3.08 Billion | -1.29% |
| 2006-12-31 | ฿3.13 Billion | -1.00% |
| 2005-12-31 | ฿3.16 Billion | +152.99% |
| 2004-12-31 | ฿1.25 Billion | +47.73% |
| 2003-12-31 | ฿844.63 Million | +9.91% |
| 2002-12-31 | ฿768.51 Million | +150.14% |
| 2001-12-31 | ฿307.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power Line Engineering 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 835.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿1.36 Billion | 93.73% |
| Other Comprehensive Income | ฿29.00 Million | 2.00% |
| Other Components | ฿1.28 Billion | 87.81% |
| Total Equity | ฿1.45 Billion | 100.00% |
Power Line Engineering Public Company Limited Competitors by Market Cap
The table below lists competitors of Power Line Engineering Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hawthorn Resources Ltd
AU:HAW
|
$5.55 Million |
|
Baltic Sea Properties AS
OL:BALT
|
$5.55 Million |
|
Alpa Laboratories Limited
NSE:ALPA
|
$5.55 Million |
|
IVVCL
SN:IVVCL
|
$5.55 Million |
|
Stock Trend Capital Inc.
PINK:STOCF
|
$5.54 Million |
|
SUNEX S.A.
WAR:SNX
|
$5.54 Million |
|
Rubicon Water Ltd
AU:RWL
|
$5.54 Million |
|
Datasea Inc
NASDAQ:DTSS
|
$5.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power Line Engineering Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,455,511,230 to 1,452,927,711, a change of -1,002,583,519 (-40.8%).
- Net loss of 909,257,120 reduced equity.
- Other factors decreased equity by 93,326,399.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-909.26 Million | -62.58% |
| Other Changes | ฿-93.33 Million | -6.42% |
| Total Change | ฿- | -40.83% |
Book Value vs Market Value Analysis
This analysis compares Power Line Engineering 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: 0.16x
- 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 0.00x to 0.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | ฿196.11 | ฿0.17 | x |
| 2002-12-31 | ฿17.67 | ฿0.17 | x |
| 2003-12-31 | ฿3.17 | ฿0.17 | x |
| 2004-12-31 | ฿4.40 | ฿0.17 | x |
| 2005-12-31 | ฿7.28 | ฿0.17 | x |
| 2006-12-31 | ฿6.25 | ฿0.17 | x |
| 2007-12-31 | ฿6.20 | ฿0.17 | x |
| 2008-12-31 | ฿5.02 | ฿0.17 | x |
| 2009-12-31 | ฿3.00 | ฿0.17 | x |
| 2010-12-31 | ฿2.77 | ฿0.17 | x |
| 2011-12-31 | ฿2.26 | ฿0.17 | x |
| 2012-12-31 | ฿2.06 | ฿0.17 | x |
| 2013-12-31 | ฿2.35 | ฿0.17 | x |
| 2014-12-31 | ฿1.98 | ฿0.17 | x |
| 2015-12-31 | ฿0.26 | ฿0.17 | x |
| 2016-12-31 | ฿0.82 | ฿0.17 | x |
| 2017-12-31 | ฿1.85 | ฿0.17 | x |
| 2018-12-31 | ฿1.77 | ฿0.17 | x |
| 2019-12-31 | ฿1.88 | ฿0.17 | x |
| 2020-12-31 | ฿1.85 | ฿0.17 | x |
| 2021-12-31 | ฿2.02 | ฿0.17 | x |
| 2022-12-31 | ฿1.85 | ฿0.17 | x |
| 2023-12-31 | ฿1.80 | ฿0.17 | x |
| 2024-12-31 | ฿1.07 | ฿0.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power Line Engineering 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): -62.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.68%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 10.22x
- Recent ROE (-62.58%) is below the historical average (-26.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.73% | 0.61% | 1.79x | 3.45x | ฿-20.37 Million |
| 2002 | 36.10% | 13.13% | 1.73x | 1.59x | ฿200.56 Million |
| 2003 | 14.63% | 7.97% | 0.95x | 1.93x | ฿39.07 Million |
| 2004 | 22.16% | 6.53% | 1.51x | 2.25x | ฿151.52 Million |
| 2005 | 7.69% | 4.57% | 0.98x | 1.73x | ฿-72.46 Million |
| 2006 | 3.72% | 1.55% | 0.89x | 2.69x | ฿-204.87 Million |
| 2007 | 4.54% | 1.82% | 0.81x | 3.07x | ฿-180.13 Million |
| 2008 | -12.80% | -4.02% | 0.85x | 3.73x | ฿-622.66 Million |
| 2009 | -67.84% | -13.82% | 0.84x | 5.81x | ฿-1.28 Billion |
| 2010 | 10.74% | 2.91% | 0.65x | 5.68x | ฿15.99 Million |
| 2011 | -16.36% | -3.41% | 1.20x | 4.02x | ฿-485.19 Million |
| 2012 | -2.44% | -0.63% | 0.79x | 4.97x | ฿-219.59 Million |
| 2013 | 0.77% | 0.21% | 0.81x | 4.65x | ฿-209.80 Million |
| 2014 | 1.95% | 0.48% | 0.93x | 4.36x | ฿-178.37 Million |
| 2015 | -649.50% | -30.97% | 0.71x | 29.70x | ฿-1.90 Billion |
| 2016 | 21.23% | 3.80% | 0.68x | 8.16x | ฿101.12 Million |
| 2017 | 48.12% | 15.46% | 0.80x | 3.91x | ฿882.02 Million |
| 2018 | 9.06% | 2.88% | 0.90x | 3.50x | ฿-23.18 Million |
| 2019 | 8.64% | 2.36% | 0.88x | 4.14x | ฿-34.92 Million |
| 2020 | -17.57% | -5.15% | 0.72x | 4.72x | ฿-692.84 Million |
| 2021 | 4.49% | 1.68% | 0.54x | 4.95x | ฿-151.39 Million |
| 2022 | -6.77% | -2.12% | 0.56x | 5.68x | ฿-422.23 Million |
| 2023 | 6.98% | 1.88% | 0.57x | 6.49x | ฿-74.15 Million |
| 2024 | -62.58% | -9.68% | 0.63x | 10.22x | ฿-1.05 Billion |
Industry Comparison
This section compares Power Line Engineering Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,635,753,561
- Average return on equity (ROE) among peers: 5.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power Line Engineering Public Company Limited (PLE) | ฿1.58 Billion | 3.73% | 7.87x | $5.55 Million |
| AMR Asia Public Company Limited (AMR) | $885.39 Million | -12.37% | 0.82x | $2.67 Million |
| Asia Precision Public Company Limited (APCS) | $809.04 Million | -8.74% | 0.50x | $12.58 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $77.07 Million | 19.04% | 2.60x | $4.97 Million |
| Civil Engineering PCL (CIVIL) | $772.10 Million | 24.95% | 7.45x | $4.32 Million |
| CH. Karnchang PCL (CK) | $25.83 Billion | 9.66% | 2.23x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $4.32 Billion | 6.60% | 2.55x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.24 Billion | 0.31% | 1.70x | $8.20 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $356.04 Million | -4.00% | 2.34x | $1.70 Million |
| Demco Public Company Limited (DEMCO) | $1.05 Billion | 8.50% | 0.87x | $19.24 Million |
| EMC Public Company Limited (EMC) | $1.02 Billion | 9.69% | 0.99x | $3.14 Million |