PMC LABEL MATERIALS PUBLIC COMPANY LIMITED
PMC Label Materials Public Company Limited, together with its subsidiaries, manufactures and distributes self-adhesive labels in Thailand and internationally. It provides paper and filmic facestocks; adhesives, such as water based, hotmelt, and UV hotmelt adhesives; glassine and kraft paper liners; and PET films, as well as label services. The company serves automotive, food and beverage, home an… Read more
PMC LABEL MATERIALS PUBLIC COMPANY LIMITED (PMC) - Net Assets
Latest net assets as of June 2024: ฿332.75 Million THB
Based on the latest financial reports, PMC LABEL MATERIALS PUBLIC COMPANY LIMITED (PMC) has net assets worth ฿332.75 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 (฿1.00 Billion) and total liabilities (฿667.82 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 | ฿332.75 Million |
| % of Total Assets | 33.26% |
| Annual Growth Rate | -17.63% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.31 |
PMC LABEL MATERIALS PUBLIC COMPANY LIMITED - Net Assets Trend (2020–2023)
This chart illustrates how PMC LABEL MATERIALS 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 PMC LABEL MATERIALS PUBLIC COMPANY LIMITED (2020–2023)
The table below shows the annual net assets of PMC LABEL MATERIALS PUBLIC COMPANY LIMITED from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | ฿306.36 Million | +14.72% |
| 2022-12-31 | ฿267.05 Million | -11.84% |
| 2021-12-31 | ฿302.93 Million | -44.72% |
| 2020-12-31 | ฿547.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PMC LABEL MATERIALS 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 91.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿27.29 Million | 8.91% |
| Other Components | ฿279.07 Million | 91.09% |
| Total Equity | ฿306.36 Million | 100.00% |
PMC LABEL MATERIALS PUBLIC COMPANY LIMITED Competitors by Market Cap
The table below lists competitors of PMC LABEL MATERIALS PUBLIC COMPANY LIMITED ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Talonx Resources Limited
AU:TXR
|
$2.86 Million |
|
APPLIED MATERIALS - Dusseldorf Stock Exchang
DU:AP2
|
$2.86 Million |
|
Imagesat International ISI Ltd
TA:ISI
|
$2.86 Million |
|
Axe Compute Inc.
NASDAQ:AGPU
|
$2.86 Million |
|
Trimitra Propertindo Tbk PT
JK:LAND
|
$2.85 Million |
|
Ralco Corporation Bhd
KLSE:7498
|
$2.85 Million |
|
Amtel Holdings Bhd
KLSE:7031
|
$2.85 Million |
|
Willow Biosciences Inc
OTCQB:CANSF
|
$2.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PMC LABEL MATERIALS PUBLIC COMPANY LIMITED's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 267,054,000 to 306,360,000, a change of 39,306,000 (14.7%).
- Net income of 17,414,000 contributed positively to equity growth.
- New share issuances of 20,000,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿17.41 Million | +5.68% |
| Share Issuances | ฿20.00 Million | +6.53% |
| Other Changes | ฿1.89 Million | +0.62% |
| Total Change | ฿- | 14.72% |
Book Value vs Market Value Analysis
This analysis compares PMC LABEL MATERIALS 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: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.61x to 1.08x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | ฿1.42 | ฿0.86 | x |
| 2021-12-31 | ฿0.79 | ฿0.86 | x |
| 2022-12-31 | ฿0.69 | ฿0.86 | x |
| 2023-12-31 | ฿0.79 | ฿0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PMC LABEL MATERIALS 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): 5.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.11%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.95x
- Recent ROE (5.68%) is below the historical average (8.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 7.39% | 5.72% | 0.66x | 1.94x | ฿-14.31 Million |
| 2021 | 13.57% | 4.93% | 1.00x | 2.76x | ฿10.82 Million |
| 2022 | 6.74% | 2.06% | 1.23x | 2.65x | ฿-8.70 Million |
| 2023 | 5.68% | 2.11% | 0.91x | 2.95x | ฿-13.22 Million |
Industry Comparison
This section compares PMC LABEL MATERIALS PUBLIC COMPANY LIMITED's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $20,135,435,181
- Average return on equity (ROE) among peers: 11.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PMC LABEL MATERIALS PUBLIC COMPANY LIMITED (PMC) | ฿332.75 Million | 7.39% | 2.01x | $2.85 Million |
| A.J. Plast Public Company Limited (AJ) | $4.49 Billion | -8.17% | 2.18x | $16.76 Million |
| BG Container Glass Public Company Limited (BGC) | $5.49 Billion | 9.54% | 2.41x | $20.50 Million |
| Crown Seal Public Company Limited (CSC) | $3.09 Billion | 8.09% | 0.19x | $21.57 Million |
| Multibax Public Company Limited (MBAX) | $145.76 Million | 53.71% | 4.54x | $5.52 Million |
| NEP Realty and Industry Public Company Limited (NEP) | $814.10 Million | 9.96% | 1.69x | $4.02 Million |
| Prodigy Public Company Limited (PDG) | $594.82 Million | 4.86% | 0.18x | $9.16 Million |
| Panjawattana Plastic Public Company Limited (PJW) | $1.10 Billion | 10.43% | 1.61x | $19.20 Million |
| SCG Packaging Public Company Limited (SCGP) | $109.84 Billion | 5.88% | 0.57x | $553.20 Million |
| SCG PACKAGING PCL-NVDR (SCGP-R) | $55.65 Billion | 7.95% | 0.64x | $544.28 Million |