Project Planning Service Public Company Limited
Project Planning Service Public Company Limited engages in the engineering consultation service, construction project consultation and management, and utility system construction project businesses in Thailand and internationally. The company offers construction design and planning services; computer services, and media services and concert; repair, maintenance, and installation services; consult… Read more
Project Planning Service Public Company Limited (PPS) - Net Assets
Latest net assets as of September 2025: ฿282.06 Million THB
Based on the latest financial reports, Project Planning Service Public Company Limited (PPS) has net assets worth ฿282.06 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿584.98 Million) and total liabilities (฿302.93 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 | ฿282.06 Million |
| % of Total Assets | 48.22% |
| Annual Growth Rate | 9.73% |
| 5-Year Change | 5.41% |
| 10-Year Change | 70.56% |
| Growth Volatility | 30.16 |
Project Planning Service Public Company Limited - Net Assets Trend (2010–2024)
This chart illustrates how Project Planning Service 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 Project Planning Service Public Company Limited (2010–2024)
The table below shows the annual net assets of Project Planning Service Public Company Limited from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿295.14 Million | -5.13% |
| 2023-12-31 | ฿311.11 Million | -5.98% |
| 2022-12-31 | ฿330.90 Million | +8.49% |
| 2021-12-31 | ฿305.00 Million | +8.94% |
| 2020-12-31 | ฿279.98 Million | -10.74% |
| 2019-12-31 | ฿313.68 Million | -2.44% |
| 2018-12-31 | ฿321.53 Million | -3.49% |
| 2017-12-31 | ฿333.15 Million | +53.54% |
| 2016-12-31 | ฿216.98 Million | +25.39% |
| 2015-12-31 | ฿173.04 Million | -3.67% |
| 2014-12-31 | ฿179.64 Million | +0.88% |
| 2013-12-31 | ฿178.07 Million | +6.75% |
| 2012-12-31 | ฿166.82 Million | +105.37% |
| 2011-12-31 | ฿81.23 Million | +1.05% |
| 2010-12-31 | ฿80.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Project Planning Service 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 102.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ฿214.96 Million | 72.49% |
| Other Comprehensive Income | ฿11.62 Million | 3.92% |
| Other Components | ฿71.57 Million | 24.14% |
| Total Equity | ฿296.54 Million | 100.00% |
Project Planning Service Public Company Limited Competitors by Market Cap
The table below lists competitors of Project Planning Service Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Augros Cosmetic Packaging SA
PA:AUGR
|
$2.46 Million |
|
Lewis Group Limited
JSE:LEW
|
$2.46 Million |
|
Linkage Global Inc Ordinary Shares
NASDAQ:LGCB
|
$2.46 Million |
|
Star Gold Corp
OTCQB:SRGZ
|
$2.47 Million |
|
Vessel Co. Ltd
KQ:177350
|
$2.46 Million |
|
Origin Global Empire Public Company Limited
BK:EMPIRE
|
$2.46 Million |
|
AMERICAN EXPRESS (AEC1.SG)
STU:AEC1
|
$2.46 Million |
|
Silver Range Resources Ltd
PINK:SLRRF
|
$2.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Project Planning Service Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 313,385,922 to 296,535,817, a change of -16,850,105 (-5.4%).
- Net loss of 14,182,327 reduced equity.
- Other comprehensive income increased equity by 3,010,974.
- Other factors decreased equity by 5,678,752.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-14.18 Million | -4.78% |
| Other Comprehensive Income | ฿3.01 Million | +1.02% |
| Other Changes | ฿-5.68 Million | -1.92% |
| Total Change | ฿- | -5.38% |
Book Value vs Market Value Analysis
This analysis compares Project Planning Service 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: 0.46x
- 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 0.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | ฿1776.23 | ฿0.16 | x |
| 2011-12-31 | ฿1880.23 | ฿0.16 | x |
| 2012-12-31 | ฿0.51 | ฿0.16 | x |
| 2013-12-31 | ฿0.31 | ฿0.16 | x |
| 2014-12-31 | ฿0.31 | ฿0.16 | x |
| 2015-12-31 | ฿0.30 | ฿0.16 | x |
| 2016-12-31 | ฿0.32 | ฿0.16 | x |
| 2017-12-31 | ฿0.41 | ฿0.16 | x |
| 2018-12-31 | ฿0.37 | ฿0.16 | x |
| 2019-12-31 | ฿0.36 | ฿0.16 | x |
| 2020-12-31 | ฿0.33 | ฿0.16 | x |
| 2021-12-31 | ฿0.36 | ฿0.16 | x |
| 2022-12-31 | ฿0.39 | ฿0.16 | x |
| 2023-12-31 | ฿0.36 | ฿0.16 | x |
| 2024-12-31 | ฿0.34 | ฿0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Project Planning Service 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): -4.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.90%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.99x
- Recent ROE (-4.78%) is below the historical average (5.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -2.00% | -0.86% | 1.80x | 1.30x | ฿-9.21 Million |
| 2011 | 25.16% | 7.98% | 2.12x | 1.49x | ฿12.31 Million |
| 2012 | 9.16% | 5.76% | 1.27x | 1.25x | ฿-1.40 Million |
| 2013 | 10.86% | 6.64% | 1.31x | 1.25x | ฿1.52 Million |
| 2014 | 9.86% | 6.72% | 1.13x | 1.30x | ฿-253.58K |
| 2015 | 1.95% | 1.45% | 1.07x | 1.25x | ฿-13.98 Million |
| 2016 | 14.88% | 10.48% | 1.05x | 1.35x | ฿10.55 Million |
| 2017 | 16.58% | 14.18% | 0.96x | 1.22x | ฿21.90 Million |
| 2018 | 2.31% | 1.96% | 0.93x | 1.27x | ฿-24.68 Million |
| 2019 | 1.16% | 0.81% | 1.05x | 1.37x | ฿-27.69 Million |
| 2020 | -10.30% | -7.50% | 0.65x | 2.10x | ฿-57.01 Million |
| 2021 | 6.80% | 5.60% | 0.58x | 2.11x | ฿-9.80 Million |
| 2022 | 6.82% | 5.46% | 0.62x | 2.03x | ฿-10.60 Million |
| 2023 | -5.81% | -4.39% | 0.67x | 1.97x | ฿-49.53 Million |
| 2024 | -4.78% | -3.90% | 0.62x | 1.99x | ฿-43.84 Million |
Industry Comparison
This section compares Project Planning Service 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: $3,965,931,882
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Project Planning Service Public Company Limited (PPS) | ฿282.06 Million | -2.00% | 1.07x | $2.46 Million |
| AMR Asia Public Company Limited (AMR) | $306.84 Million | 8.33% | 3.71x | $2.60 Million |
| Asia Precision Public Company Limited (APCS) | $1.70 Billion | 13.02% | 0.70x | $12.48 Million |
| CAZ (Thailand) Public Company Limited (CAZ) | $141.51 Million | 16.19% | 4.15x | $4.94 Million |
| Civil Engineering PCL (CIVIL) | $1.80 Billion | 5.22% | 3.26x | $4.22 Million |
| CH. Karnchang PCL (CK) | $6.21 Billion | -5.39% | 3.91x | $492.20 Million |
| CH. Karnchang Public Company Limited (CK-R) | $26.48 Billion | 5.46% | 3.27x | $521.92 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $1.72 Billion | 2.91% | 2.76x | $8.05 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $227.05 Million | 18.71% | 1.86x | $1.65 Million |
| Demco Public Company Limited (DEMCO) | $402.38 Million | 24.91% | 1.04x | $19.56 Million |
| EMC Public Company Limited (EMC) | $673.74 Million | 5.45% | 1.52x | $4.72 Million |