PM Thoresen Asia Holdings PCL
PM Thoresen Asia Holdings Public Company Limited, an investment holding company, manufactures and sells fertilizers and agrochemical products in Vietnam. The company operates through two segments: Manufacture of fertiliser and crop care products, and Factory area management services. Its products include NPK synthesized chemicals and microelement fertilizers, compound and single fertilizers, and … Read more
PM Thoresen Asia Holdings PCL (PMTA) - Net Assets
Latest net assets as of September 2025: ฿1.57 Billion THB
Based on the latest financial reports, PM Thoresen Asia Holdings PCL (PMTA) has net assets worth ฿1.57 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 (฿2.55 Billion) and total liabilities (฿979.88 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 | ฿1.57 Billion |
| % of Total Assets | 61.64% |
| Annual Growth Rate | 4.5% |
| 5-Year Change | 15.96% |
| 10-Year Change | 9.77% |
| Growth Volatility | 13.91 |
PM Thoresen Asia Holdings PCL - Net Assets Trend (2013–2024)
This chart illustrates how PM Thoresen Asia Holdings 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 PM Thoresen Asia Holdings PCL (2013–2024)
The table below shows the annual net assets of PM Thoresen Asia Holdings PCL from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿1.69 Billion | +1.85% |
| 2023-12-31 | ฿1.66 Billion | -2.19% |
| 2022-12-31 | ฿1.70 Billion | +1.41% |
| 2021-12-31 | ฿1.67 Billion | +14.79% |
| 2020-12-31 | ฿1.46 Billion | +2.62% |
| 2019-12-31 | ฿1.42 Billion | -6.05% |
| 2018-12-31 | ฿1.51 Billion | -3.58% |
| 2017-12-31 | ฿1.57 Billion | -7.22% |
| 2016-12-31 | ฿1.69 Billion | +9.76% |
| 2015-12-31 | ฿1.54 Billion | +32.12% |
| 2014-12-31 | ฿1.16 Billion | -14.46% |
| 2014-09-30 | ฿1.36 Billion | +30.80% |
| 2013-12-31 | ฿1.04 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PM Thoresen Asia Holdings 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 113.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿636.31 Million | 37.68% |
| Common Stock | ฿1.01 Billion | 59.92% |
| Other Comprehensive Income | ฿56.10 Million | 3.32% |
| Total Equity | ฿1.69 Billion | 100.00% |
PM Thoresen Asia Holdings PCL Competitors by Market Cap
The table below lists competitors of PM Thoresen Asia Holdings PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cannabis Bioscience International Holdings Inc.
PINK:CBIH
|
$3.87 Million |
|
SHH Resources Holdings Bhd
KLSE:7412
|
$3.87 Million |
|
TBN Corp. PCL
BK:TBN
|
$3.87 Million |
|
Bebe Stores, Inc.
PINK:BEBE
|
$3.87 Million |
|
Neolife SA
PA:ALNLF
|
$3.87 Million |
|
Regenx Tech Corp.
OTCQB:RGXTF
|
$3.87 Million |
|
Friday's Dog Holdings Inc.
PINK:FDOGF
|
$3.87 Million |
|
Indian Card Clothing Company Limited
NSE:INDIANCARD
|
$3.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PM Thoresen Asia Holdings PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,658,130,667 to 1,688,853,222, a change of 30,722,555 (1.9%).
- Net income of 150,619,883 contributed positively to equity growth.
- Dividend payments of 40,480,000 reduced retained earnings.
- Other comprehensive income increased equity by 53,240,709.
- Other factors decreased equity by 132,658,037.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿150.62 Million | +8.92% |
| Dividends Paid | ฿40.48 Million | -2.4% |
| Other Comprehensive Income | ฿53.24 Million | +3.15% |
| Other Changes | ฿-132.66 Million | -7.85% |
| Total Change | ฿- | 1.85% |
Book Value vs Market Value Analysis
This analysis compares PM Thoresen Asia Holdings 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: 0.59x
- 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 decreased from 0.88x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿11.13 | ฿9.80 | x |
| 2014-12-31 | ฿12.51 | ฿9.80 | x |
| 2015-12-31 | ฿15.59 | ฿9.80 | x |
| 2016-12-31 | ฿16.69 | ฿9.80 | x |
| 2017-12-31 | ฿15.48 | ฿9.80 | x |
| 2018-12-31 | ฿14.93 | ฿9.80 | x |
| 2019-12-31 | ฿14.02 | ฿9.80 | x |
| 2020-12-31 | ฿14.39 | ฿9.80 | x |
| 2021-12-31 | ฿16.52 | ฿9.80 | x |
| 2022-12-31 | ฿16.75 | ฿9.80 | x |
| 2023-12-31 | ฿16.38 | ฿9.80 | x |
| 2024-12-31 | ฿16.69 | ฿9.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PM Thoresen Asia Holdings 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): 8.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.92%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 1.43x
- Recent ROE (8.92%) is below the historical average (11.71%), 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 | 24.84% | 7.93% | 2.47x | 1.27x | ฿153.78 Million |
| 2014 | 22.22% | 9.39% | 2.06x | 1.15x | ฿166.29 Million |
| 2014 | 24.30% | 9.07% | 1.93x | 1.39x | ฿166.54 Million |
| 2015 | 15.14% | 7.04% | 1.69x | 1.28x | ฿79.14 Million |
| 2016 | 16.41% | 8.57% | 1.61x | 1.19x | ฿108.17 Million |
| 2017 | 12.24% | 6.67% | 1.43x | 1.28x | ฿35.08 Million |
| 2018 | 2.49% | 1.36% | 1.31x | 1.40x | ฿-113.38 Million |
| 2019 | 3.11% | 1.53% | 1.42x | 1.43x | ฿-97.83 Million |
| 2020 | 6.44% | 3.31% | 1.37x | 1.42x | ฿-51.79 Million |
| 2021 | 7.97% | 3.39% | 1.61x | 1.46x | ฿-33.86 Million |
| 2022 | 4.61% | 1.84% | 1.51x | 1.66x | ฿-91.43 Million |
| 2023 | 3.51% | 1.54% | 1.51x | 1.51x | ฿-107.68 Million |
| 2024 | 8.92% | 3.92% | 1.60x | 1.43x | ฿-18.27 Million |
Industry Comparison
This section compares PM Thoresen Asia Holdings PCL's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $327,063,830
- Average return on equity (ROE) among peers: -132.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PM Thoresen Asia Holdings PCL (PMTA) | ฿1.57 Billion | 24.84% | 0.62x | $3.87 Million |
| Nfc PLC (NFC) | $67.13 Million | -291.12% | 22.40x | $3.64 Million |
| Pato Chemical Industry Public Company Limited (PATO) | $587.00 Million | 26.92% | 0.35x | $12.44 Million |