Porn Prom Metal Public Company Limited

BK:PPM Thailand Industrial Distribution
Market Cap
$16.92 Million
฿586.58 Million THB
Market Cap Rank
#30925 Global
#653 in Thailand
Share Price
฿1.39
Change (1 day)
-2.11%
52-Week Range
฿1.11 - ฿1.85
All Time High
฿4.39
Categories
Companies in Thailand Industrial Distribution
About

Porn Prom Metal Public Company Limited, together with its subsidiaries, distributes metal products in Thailand. The company operates through three segments: Raw Material for Industry, Construction for Material, and Solar Roofs. It offers brass and copper products; aluminum alloy and roof sheets, foils, and strips; steel and stainless wires; copper tubes and fittings; k-flex insulation products; s… Read more

Porn Prom Metal Public Company Limited (PPM) - Net Assets

Latest net assets as of September 2025: ฿1.24 Billion THB

Based on the latest financial reports, Porn Prom Metal Public Company Limited (PPM) has net assets worth ฿1.24 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 (฿2.18 Billion) and total liabilities (฿947.43 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 ฿1.24 Billion
% of Total Assets 56.6%
Annual Growth Rate 5.3%
5-Year Change 42.32%
10-Year Change 120.81%
Growth Volatility 11.03

Porn Prom Metal Public Company Limited - Net Assets Trend (2006–2024)

This chart illustrates how Porn Prom Metal 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 Porn Prom Metal Public Company Limited (2006–2024)

The table below shows the annual net assets of Porn Prom Metal Public Company Limited from 2006 to 2024.

Year Net Assets Change
2024-12-31 ฿1.19 Billion +8.39%
2023-12-31 ฿1.09 Billion +16.56%
2022-12-31 ฿938.47 Million -0.49%
2021-12-31 ฿943.11 Million +13.21%
2020-12-31 ฿833.08 Million -3.27%
2019-12-31 ฿861.20 Million -1.17%
2018-12-31 ฿871.42 Million -0.75%
2017-12-31 ฿878.02 Million +15.16%
2016-12-31 ฿762.45 Million +41.99%
2015-12-31 ฿536.97 Million -4.63%
2014-12-31 ฿563.03 Million -0.14%
2013-12-31 ฿563.85 Million +4.93%
2012-12-31 ฿537.34 Million +8.61%
2011-12-31 ฿494.72 Million +1.76%
2010-12-31 ฿486.14 Million +11.00%
2009-12-31 ฿437.98 Million +0.54%
2008-12-31 ฿435.64 Million -2.02%
2007-12-31 ฿444.60 Million -5.03%
2006-12-31 ฿468.16 Million --

Equity Component Analysis

This analysis shows how different components contribute to Porn Prom Metal 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 grown by 192.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿636.85 Million 53.70%
Common Stock ฿211.00 Million 17.79%
Other Comprehensive Income ฿21.60 Million 1.82%
Other Components ฿316.47 Million 26.69%
Total Equity ฿1.19 Billion 100.00%

Porn Prom Metal Public Company Limited Competitors by Market Cap

The table below lists competitors of Porn Prom Metal Public Company Limited ranked by their market capitalization.

Company Market Cap
XTGlobal Infotech Limited
NSE:XTGLOBAL
 		$5.52 Million
WAESTBYGG GRUPPEN AB SE.B
F:WAA
 		$5.52 Million
TG Metals Ltd
AU:TG6
 		$5.52 Million
SFD SA ZY -10
F:7PQ
 		$5.52 Million
TEN Holdings, Inc. Common Stock
NASDAQ:XHLD
 		$5.51 Million
Collplant Biotechnologies Ltd
NASDAQ:CLGN
 		$5.51 Million
Desert Control AS
OL:DSRT
 		$5.50 Million
Indo Us Bio-Tech Limited
NSE:INDOUS
 		$5.50 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Porn Prom Metal Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,094,188,847 to 1,185,924,574, a change of 91,735,727 (8.4%).
  • Net income of 119,737,754 contributed positively to equity growth.
  • Dividend payments of 24,475,889 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿119.74 Million +10.1%
Dividends Paid ฿24.48 Million -2.06%
Other Changes ฿-3.53 Million -0.3%
Total Change ฿- 8.38%

Book Value vs Market Value Analysis

This analysis compares Porn Prom Metal 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: 0.49x
  • 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 0.95x to 0.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 ฿1.46 ฿1.39 x
2007-12-31 ฿1.39 ฿1.39 x
2008-12-31 ฿1.36 ฿1.39 x
2009-12-31 ฿1.37 ฿1.39 x
2010-12-31 ฿1.52 ฿1.39 x
2011-12-31 ฿1.55 ฿1.39 x
2012-12-31 ฿1.68 ฿1.39 x
2013-12-31 ฿1.76 ฿1.39 x
2014-12-31 ฿1.70 ฿1.39 x
2015-12-31 ฿1.68 ฿1.39 x
2016-12-31 ฿2.32 ฿1.39 x
2017-12-31 ฿2.07 ฿1.39 x
2018-12-31 ฿2.05 ฿1.39 x
2019-12-31 ฿2.04 ฿1.39 x
2020-12-31 ฿2.01 ฿1.39 x
2021-12-31 ฿2.24 ฿1.39 x
2022-12-31 ฿2.22 ฿1.39 x
2023-12-31 ฿2.59 ฿1.39 x
2024-12-31 ฿2.81 ฿1.39 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Porn Prom Metal 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): 10.10%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.51%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 1.85x
  • Recent ROE (10.10%) is above the historical average (6.85%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 32.62% 5.65% 2.55x 2.26x ฿105.88 Million
2007 12.70% 3.09% 1.74x 2.36x ฿11.98 Million
2008 1.98% 0.60% 1.35x 2.45x ฿-34.93 Million
2009 1.99% 0.81% 1.18x 2.07x ฿-35.06 Million
2010 11.23% 4.05% 1.34x 2.07x ฿5.96 Million
2011 5.59% 1.93% 1.41x 2.05x ฿-21.83 Million
2012 10.91% 4.04% 1.34x 2.02x ฿4.89 Million
2013 7.09% 2.55% 1.22x 2.27x ฿-16.38 Million
2014 2.70% 1.15% 1.03x 2.28x ฿-41.06 Million
2015 -3.09% -1.27% 0.96x 2.53x ฿-70.24 Million
2016 2.43% 1.39% 0.85x 2.07x ฿-56.59 Million
2017 5.38% 3.12% 0.93x 1.85x ฿-39.56 Million
2018 2.62% 1.35% 0.95x 2.04x ฿-63.77 Million
2019 0.51% 0.27% 1.03x 1.86x ฿-81.52 Million
2020 -2.88% -1.64% 1.01x 1.73x ฿-109.12 Million
2021 12.33% 5.69% 1.10x 1.98x ฿22.01 Million
2022 0.79% 0.39% 0.97x 2.12x ฿-86.45 Million
2023 15.16% 6.87% 1.15x 1.93x ฿56.42 Million
2024 10.10% 5.51% 0.99x 1.85x ฿1.15 Million

Industry Comparison

This section compares Porn Prom Metal Public Company Limited's net assets metrics with peer companies in the Industrial Distribution industry.

Industry Context

  • Industry: Industrial Distribution
  • Average net assets among peers: $472,627,038
  • Average return on equity (ROE) among peers: 22.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Porn Prom Metal Public Company Limited (PPM) ฿1.24 Billion 32.62% 0.77x $5.51 Million
Alla Public Company Limited (ALLA) $958.53 Million 10.54% 0.28x $7.63 Million
SiamEast Solutions Public Company Limited (SE) $81.77 Million 57.92% 1.78x $3.52 Million
Thai Mui Corporation Public Company Limited (THMUI) $377.58 Million 0.53% 0.86x $1.02 Million