Pilatus Marine PCL
Pilatus Marine Public Company Limited, together with its subsidiaries, provides sea and land transportation services for liquefied petroleum gas and petrochemical products in Thailand and internationally. It operates through two segments, Marine Petrochemical Cargo Transportation Services and LPG Logistic Services. The company also engages in wholesale of liquid petroleum; and operates fuel liqui… Read more
Pilatus Marine PCL (PLT) - Net Assets
Latest net assets as of June 2024: ฿851.76 Million THB
Based on the latest financial reports, Pilatus Marine PCL (PLT) has net assets worth ฿851.76 Million THB as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.43 Billion) and total liabilities (฿578.37 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 | ฿851.76 Million |
| % of Total Assets | 59.56% |
| Annual Growth Rate | 4.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Pilatus Marine PCL - Net Assets Trend (2021–2022)
This chart illustrates how Pilatus Marine PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pilatus Marine PCL (2021–2022)
The table below shows the annual net assets of Pilatus Marine PCL from 2021 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ฿411.55 Million | +4.36% |
| 2021-12-31 | ฿394.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pilatus Marine PCL'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 32.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿49.87 Million | 12.12% |
| Other Components | ฿361.67 Million | 87.88% |
| Total Equity | ฿411.55 Million | 100.00% |
Pilatus Marine PCL Competitors by Market Cap
The table below lists competitors of Pilatus Marine PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BPH Energy Ltd
AU:BPH
|
$4.38 Million |
|
Auplata SA
PA:ALAMG
|
$4.39 Million |
|
Maxtech Ventures Inc
PINK:MTEHF
|
$4.39 Million |
|
WASGAU Produktions & Handels AG
F:MSH
|
$4.39 Million |
|
Kedawung Setia Industrial Tbk
JK:KDSI
|
$4.38 Million |
|
Eifelhöhen-Klinik AG
F:EIF
|
$4.38 Million |
|
Bong AB (publ)
ST:BONG
|
$4.38 Million |
|
ALDUX
PA:ALDUX
|
$4.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pilatus Marine PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 394,341,197 to 411,548,929, a change of 17,207,732 (4.4%).
- Net income of 62,207,732 contributed positively to equity growth.
- Dividend payments of 45,000,133 reduced retained earnings.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿62.21 Million | +15.12% |
| Dividends Paid | ฿45.00 Million | -10.93% |
| Other Changes | ฿133.34 | +0.0% |
| Total Change | ฿- | 4.36% |
Book Value vs Market Value Analysis
This analysis compares Pilatus Marine PCL'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: 1.21x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | ฿0.41 | ฿0.52 | x |
| 2022-12-31 | ฿0.43 | ฿0.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pilatus Marine PCL 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): 15.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.83%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.96x
- Recent ROE (15.12%) is above the historical average (14.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.96% | 8.28% | 0.81x | 2.08x | ฿15.63 Million |
| 2022 | 15.12% | 7.83% | 0.98x | 1.96x | ฿21.05 Million |
Industry Comparison
This section compares Pilatus Marine PCL's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $8,126,195,830
- Average return on equity (ROE) among peers: 10.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pilatus Marine PCL (PLT) | ฿851.76 Million | 13.96% | 0.68x | $4.38 Million |
| Prima Marine Public Company Limited (PRM) | $11.73 Billion | 18.07% | 0.96x | $190.18 Million |
| PRIMA MARINE PCL-NVDR (PRM-R) | $7.28 Billion | 14.06% | 0.79x | $145.66 Million |
| Power Solution Technologies Public Company Limited (PSTC) | $5.37 Billion | -1.91% | 0.36x | $15.99 Million |