Power Line Engineering Public Company Limited (PLE) - Net Assets
Based on the latest financial reports, Power Line Engineering Public Company Limited (PLE) has net assets worth ฿1.60 Billion THB (≈ $49.80 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 (฿13.65 Billion ≈ $425.46 Million USD) and total liabilities (฿12.05 Billion ≈ $375.66 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 Power Line Engineering Public Company Li liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿1.60 Billion |
| % of Total Assets | 11.7% |
| Annual Growth Rate | 7.11% |
| 5-Year Change | -41.87% |
| 10-Year Change | 83.73% |
| Growth Volatility | 76.95 |
Power Line Engineering Public Company Limited - Net Assets Trend (2001–2025)
This chart illustrates how Power Line Engineering Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Power Line Engineering Public Company Li assets under control for the complete picture of this company's asset base.
Annual Net Assets for Power Line Engineering Public Company Limited (2001–2025)
The table below shows the annual net assets of Power Line Engineering Public Company Limited from 2001 to 2025. For live valuation and market cap data, see market value of Power Line Engineering Public Company Li.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿1.60 Billion ≈ $49.80 Million |
+9.59% |
| 2024-12-31 | ฿1.46 Billion ≈ $45.44 Million |
-40.76% |
| 2023-12-31 | ฿2.46 Billion ≈ $76.71 Million |
-2.42% |
| 2022-12-31 | ฿2.52 Billion ≈ $78.61 Million |
-8.23% |
| 2021-12-31 | ฿2.75 Billion ≈ $85.66 Million |
+9.31% |
| 2020-12-31 | ฿2.51 Billion ≈ $78.37 Million |
-1.77% |
| 2019-12-31 | ฿2.56 Billion ≈ $79.78 Million |
+3.67% |
| 2018-12-31 | ฿2.47 Billion ≈ $76.96 Million |
+6.70% |
| 2017-12-31 | ฿2.31 Billion ≈ $72.12 Million |
+166.09% |
| 2016-12-31 | ฿869.61 Million ≈ $27.11 Million |
+266.11% |
| 2015-12-31 | ฿237.53 Million ≈ $7.40 Million |
-89.22% |
| 2014-12-31 | ฿2.20 Billion ≈ $68.68 Million |
-3.63% |
| 2013-12-31 | ฿2.29 Billion ≈ $71.27 Million |
+28.65% |
| 2012-12-31 | ฿1.78 Billion ≈ $55.40 Million |
-1.94% |
| 2011-12-31 | ฿1.81 Billion ≈ $56.49 Million |
-23.72% |
| 2010-12-31 | ฿2.38 Billion ≈ $74.06 Million |
+31.42% |
| 2009-12-31 | ฿1.81 Billion ≈ $56.35 Million |
-37.98% |
| 2008-12-31 | ฿2.92 Billion ≈ $90.86 Million |
-5.50% |
| 2007-12-31 | ฿3.08 Billion ≈ $96.15 Million |
-1.29% |
| 2006-12-31 | ฿3.13 Billion ≈ $97.41 Million |
-1.00% |
| 2005-12-31 | ฿3.16 Billion ≈ $98.39 Million |
+152.99% |
| 2004-12-31 | ฿1.25 Billion ≈ $38.89 Million |
+47.73% |
| 2003-12-31 | ฿844.63 Million ≈ $26.33 Million |
+9.91% |
| 2002-12-31 | ฿768.51 Million ≈ $23.95 Million |
+150.14% |
| 2001-12-31 | ฿307.23 Million ≈ $9.58 Million |
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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 33.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿110.42 Million | 6.87% |
| Other Components | ฿1.50 Billion | 93.13% |
| Total Equity | ฿1.61 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 |
|---|---|
|
KIBO ENERGY PLC EO -001
F:1I8
|
$7.36 Million |
|
Nexgram Holdings Bhd
KLSE:0096
|
$7.36 Million |
|
Openlearning Ltd
AU:OLL
|
$7.36 Million |
|
1CM INC.
F:IQ70
|
$7.36 Million |
|
Wearable Devices Ltd.
NASDAQ:WLDS
|
$7.35 Million |
|
Jinzhou Port Co Ltd B
SHG:900952
|
$7.35 Million |
|
Clever Group Corp
VN:ADG
|
$7.35 Million |
|
Hudson Investment Group Ltd
AU:HGL
|
$7.35 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 2024 to 2025, total equity changed from 1,452,927,711 to 1,606,223,024, a change of 153,295,313 (10.6%).
- Net income of 15,309,208 contributed positively to equity growth.
- New share issuances of 113,484,830 increased equity.
- Other comprehensive income decreased equity by 29,000,000.
- Other factors increased equity by 53,501,276.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿15.31 Million | +0.95% |
| Share Issuances | ฿113.48 Million | +7.07% |
| Other Comprehensive Income | ฿-29.00 Million | -1.81% |
| Other Changes | ฿53.50 Million | +3.33% |
| Total Change | ฿- | 10.55% |
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: 0.15x
- 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 0.15x 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 | ฿0.13 | x |
| 2002-12-31 | ฿17.67 | ฿0.13 | x |
| 2003-12-31 | ฿3.17 | ฿0.13 | x |
| 2004-12-31 | ฿4.40 | ฿0.13 | x |
| 2005-12-31 | ฿7.28 | ฿0.13 | x |
| 2006-12-31 | ฿6.25 | ฿0.13 | x |
| 2007-12-31 | ฿6.20 | ฿0.13 | x |
| 2008-12-31 | ฿5.02 | ฿0.13 | x |
| 2009-12-31 | ฿3.00 | ฿0.13 | x |
| 2010-12-31 | ฿2.77 | ฿0.13 | x |
| 2011-12-31 | ฿2.26 | ฿0.13 | x |
| 2012-12-31 | ฿2.06 | ฿0.13 | x |
| 2013-12-31 | ฿2.35 | ฿0.13 | x |
| 2014-12-31 | ฿1.98 | ฿0.13 | x |
| 2015-12-31 | ฿0.26 | ฿0.13 | x |
| 2016-12-31 | ฿0.82 | ฿0.13 | x |
| 2017-12-31 | ฿1.85 | ฿0.13 | x |
| 2018-12-31 | ฿1.77 | ฿0.13 | x |
| 2019-12-31 | ฿1.88 | ฿0.13 | x |
| 2020-12-31 | ฿1.85 | ฿0.13 | x |
| 2021-12-31 | ฿2.02 | ฿0.13 | x |
| 2022-12-31 | ฿1.85 | ฿0.13 | x |
| 2023-12-31 | ฿1.80 | ฿0.13 | x |
| 2024-12-31 | ฿1.07 | ฿0.13 | x |
| 2025-12-31 | ฿0.88 | ฿0.13 | 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): 0.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.31%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 8.50x
- Recent ROE (0.95%) is above the historical average (-25.21%), indicating improving 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 |
| 2025 | 0.95% | 0.31% | 0.37x | 8.50x | ฿-145.31 Million |
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: $5,218,549,913
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power Line Engineering Public Company Limited (PLE) | ฿1.60 Billion | 3.73% | 7.54x | $7.36 Million |
| Asia Precision Public Company Limited (APCS) | $1.38 Billion | 4.04% | 0.24x | $31.06 Million |
| CH. Karnchang PCL (CK) | $19.47 Billion | 11.79% | 3.15x | $989.89 Million |
| CH. Karnchang Public Company Limited (CK-R) | $26.01 Billion | 5.77% | 2.72x | $874.67 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.73 Billion | -20.49% | 2.02x | $44.85 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $368.19 Million | 2.20% | 1.85x | $4.83 Million |
| Demco Public Company Limited (DEMCO) | $214.56 Million | 20.71% | 2.48x | $54.31 Million |
| EMC Public Company Limited (EMC) | $597.06 Million | 3.60% | 1.29x | $7.84 Million |
| Floyd Public Company Limited (FLOYD) | $157.95 Million | 41.92% | 0.53x | $14.41 Million |
| Hydrotek Public Company Limited (HYDRO) | $137.82 Million | 61.64% | 4.46x | $24.66 Million |
| Italian-Thai Development Public Company Limited (ITD) | $2.13 Billion | 0.00% | 9.85x | $51.02 Million |
About 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