PRG Corporation Public Company Limited
PRG Corporation Public Company Limited, together with its subsidiaries, engages in the production, improvement, packaging, and distribution of rice under the Mah Boonkrong Rice brand in Thailand, the United States, Canada, Europe, the Asia Pacific, and internationally. The company operates through three segments: Improving the Quality and Packaging of Milled Rice for Sale, Food Center Business, a… Read more
PRG Corporation Public Company Limited (PRG) - Net Assets
Latest net assets as of September 2025: ฿9.51 Billion THB
Based on the latest financial reports, PRG Corporation Public Company Limited (PRG) has net assets worth ฿9.51 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 (฿12.06 Billion) and total liabilities (฿2.56 Billion). 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 | ฿9.51 Billion |
| % of Total Assets | 78.8% |
| Annual Growth Rate | 8.27% |
| 5-Year Change | 91.39% |
| 10-Year Change | 67.38% |
| Growth Volatility | 16.02 |
PRG Corporation Public Company Limited - Net Assets Trend (1999–2024)
This chart illustrates how PRG Corporation 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 PRG Corporation Public Company Limited (1999–2024)
The table below shows the annual net assets of PRG Corporation Public Company Limited from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿10.77 Billion | +35.09% |
| 2023-12-31 | ฿7.97 Billion | -8.14% |
| 2022-12-31 | ฿8.68 Billion | +40.77% |
| 2021-12-31 | ฿6.16 Billion | +9.56% |
| 2020-12-31 | ฿5.62 Billion | -37.61% |
| 2019-12-31 | ฿9.02 Billion | +2.61% |
| 2018-12-31 | ฿8.79 Billion | +5.16% |
| 2017-12-31 | ฿8.36 Billion | +28.34% |
| 2016-12-31 | ฿6.51 Billion | +1.22% |
| 2015-12-31 | ฿6.43 Billion | -2.72% |
| 2014-12-31 | ฿6.61 Billion | +4.50% |
| 2013-12-31 | ฿6.33 Billion | +25.75% |
| 2012-12-31 | ฿5.03 Billion | +18.53% |
| 2011-12-31 | ฿4.24 Billion | +1.25% |
| 2010-12-31 | ฿4.19 Billion | +9.88% |
| 2009-12-31 | ฿3.82 Billion | +11.03% |
| 2008-12-31 | ฿3.44 Billion | -2.59% |
| 2007-12-31 | ฿3.53 Billion | +23.82% |
| 2006-12-31 | ฿2.85 Billion | +0.49% |
| 2005-12-31 | ฿2.84 Billion | +8.65% |
| 2004-12-31 | ฿2.61 Billion | -4.27% |
| 2003-12-31 | ฿2.73 Billion | +23.53% |
| 2002-12-31 | ฿2.21 Billion | +25.13% |
| 2001-12-31 | ฿1.76 Billion | +2.24% |
| 2000-12-31 | ฿1.73 Billion | +16.82% |
| 1999-12-31 | ฿1.48 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PRG Corporation 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 236.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.66 Billion | 15.39% |
| Common Stock | ฿727.92 Million | 6.76% |
| Other Comprehensive Income | ฿96.71 Million | 0.90% |
| Other Components | ฿8.28 Billion | 76.95% |
| Total Equity | ฿10.77 Billion | 100.00% |
PRG Corporation Public Company Limited Competitors by Market Cap
The table below lists competitors of PRG Corporation Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VIB Vermögen AG
XETRA:VIH1
|
$84.78 Million |
|
Bjorn Borg AB
ST:BORG
|
$84.78 Million |
|
CENTRALNIC GROUP LS -001
F:4CN
|
$84.78 Million |
|
Guanajuato Silver Company Ltd
OTCQX:GSVRF
|
$84.80 Million |
|
Thye Ming Industrial Co Ltd
TW:9927
|
$84.72 Million |
|
Moens Bank A/S
CO:MNBA
|
$84.72 Million |
|
E-Lead Electronic Co Ltd
TW:2497
|
$84.71 Million |
|
180 Life Sciences Corp
NASDAQ:ATNF
|
$84.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PRG Corporation Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,969,248,057 to 10,765,389,927, a change of 2,796,141,870 (35.1%).
- Net income of 429,103,726 contributed positively to equity growth.
- Other comprehensive income decreased equity by 5,321,503,905.
- Other factors increased equity by 7,688,542,049.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿429.10 Million | +3.99% |
| Other Comprehensive Income | ฿-5.32 Billion | -49.43% |
| Other Changes | ฿7.69 Billion | +71.42% |
| Total Change | ฿- | 35.09% |
Book Value vs Market Value Analysis
This analysis compares PRG Corporation 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: 0.59x
- 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 1.99x 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 |
|---|---|---|---|
| 2003-12-31 | ฿4.49 | ฿8.92 | x |
| 2004-12-31 | ฿4.30 | ฿8.92 | x |
| 2005-12-31 | ฿4.67 | ฿8.92 | x |
| 2006-12-31 | ฿4.70 | ฿8.92 | x |
| 2007-12-31 | ฿5.83 | ฿8.92 | x |
| 2008-12-31 | ฿4.97 | ฿8.92 | x |
| 2009-12-31 | ฿6.31 | ฿8.92 | x |
| 2010-12-31 | ฿6.93 | ฿8.92 | x |
| 2012-12-31 | ฿8.34 | ฿8.92 | x |
| 2013-12-31 | ฿10.44 | ฿8.92 | x |
| 2014-12-31 | ฿10.97 | ฿8.92 | x |
| 2015-12-31 | ฿10.57 | ฿8.92 | x |
| 2016-12-31 | ฿10.73 | ฿8.92 | x |
| 2017-12-31 | ฿14.01 | ฿8.92 | x |
| 2018-12-31 | ฿14.74 | ฿8.92 | x |
| 2019-12-31 | ฿15.02 | ฿8.92 | x |
| 2020-12-31 | ฿9.38 | ฿8.92 | x |
| 2021-12-31 | ฿10.25 | ฿8.92 | x |
| 2022-12-31 | ฿13.44 | ฿8.92 | x |
| 2023-12-31 | ฿11.52 | ฿8.92 | x |
| 2024-12-31 | ฿15.17 | ฿8.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PRG Corporation 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): 3.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.12%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.24x
- Recent ROE (3.99%) is below the historical average (5.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 5.35% | 3.87% | 0.82x | 1.68x | ฿-67.41 Million |
| 2000 | 8.21% | 7.47% | 0.64x | 1.71x | ฿-30.33 Million |
| 2002 | 6.59% | 10.74% | 0.35x | 1.78x | ฿-74.21 Million |
| 2003 | 7.17% | 11.82% | 0.37x | 1.65x | ฿-76.24 Million |
| 2004 | 2.60% | 4.82% | 0.36x | 1.49x | ฿-190.71 Million |
| 2005 | 6.53% | 10.60% | 0.41x | 1.49x | ฿-97.19 Million |
| 2006 | 5.38% | 8.34% | 0.44x | 1.46x | ฿-130.22 Million |
| 2007 | 8.85% | 15.39% | 0.38x | 1.50x | ฿-40.06 Million |
| 2008 | 6.52% | 9.37% | 0.51x | 1.38x | ฿-103.69 Million |
| 2009 | 5.15% | 7.92% | 0.45x | 1.43x | ฿-183.46 Million |
| 2010 | 6.03% | 9.88% | 0.43x | 1.41x | ฿-165.12 Million |
| 2011 | 3.92% | 14.24% | 0.21x | 1.32x | ฿-256.15 Million |
| 2012 | 4.46% | 11.68% | 0.30x | 1.27x | ฿-276.92 Million |
| 2013 | 4.70% | 13.44% | 0.26x | 1.34x | ฿-332.22 Million |
| 2014 | 5.01% | 16.78% | 0.23x | 1.30x | ฿-326.32 Million |
| 2015 | 5.11% | 12.72% | 0.29x | 1.40x | ฿-311.71 Million |
| 2016 | 5.12% | 18.18% | 0.22x | 1.30x | ฿-316.39 Million |
| 2017 | 2.78% | 14.64% | 0.15x | 1.31x | ฿-602.31 Million |
| 2018 | 3.66% | 14.64% | 0.19x | 1.35x | ฿-556.36 Million |
| 2019 | 3.92% | 17.90% | 0.17x | 1.30x | ฿-547.90 Million |
| 2020 | 7.20% | 23.11% | 0.23x | 1.34x | ฿-157.57 Million |
| 2021 | 6.76% | 25.23% | 0.20x | 1.37x | ฿-199.87 Million |
| 2022 | 7.01% | 37.82% | 0.14x | 1.31x | ฿-259.07 Million |
| 2023 | 4.35% | 18.72% | 0.18x | 1.33x | ฿-450.51 Million |
| 2024 | 3.99% | 18.12% | 0.18x | 1.24x | ฿-647.44 Million |
Industry Comparison
This section compares PRG Corporation Public Company Limited's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,744,237,767
- Average return on equity (ROE) among peers: 12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PRG Corporation Public Company Limited (PRG) | ฿9.51 Billion | 5.35% | 0.27x | $84.76 Million |
| Asian Alliance International PCL (AAI) | $4.88 Billion | 7.84% | 0.15x | $43.65 Million |
| ASIAN PALM OIL PUBLIC COMPANY LIMITED (APO) | $237.14 Million | 5.48% | 0.40x | $9.36 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $3.50 Billion | 23.39% | 0.78x | $49.87 Million |
| Bioscience Animal Health PCL (BIS) | $790.50 Million | 6.41% | 0.55x | $4.82 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $2.07 Billion | 0.95% | 1.32x | $8.09 Million |
| Chin Huay PCL (CH) | $1.37 Billion | 9.31% | 0.40x | $13.66 Million |
| CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED (CHAO) | $597.83 Million | 27.03% | 0.46x | $12.59 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.39 Billion | 14.18% | 0.11x | $3.48 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.37 Billion | 7.17% | 0.11x | $6.08 Million |
| Thai Coconut Public Company Limited (COCOCO) | $1.24 Billion | 19.55% | 1.47x | $49.18 Million |