PRG Corporation Public Company Limited (PRG) - Net Assets
Based on the latest financial reports, PRG Corporation Public Company Limited (PRG) has net assets worth ฿9.51 Billion THB (≈ $296.31 Million USD) 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 ≈ $376.05 Million USD) and total liabilities (฿2.56 Billion ≈ $79.74 Million USD). 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. Check PRG asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore PRG Corporation Public Company Limited (PRG) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see PRG Corporation Public Company Limited (PRG) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿10.77 Billion ≈ $335.55 Million |
+35.09% |
| 2023-12-31 | ฿7.97 Billion ≈ $248.39 Million |
-8.14% |
| 2022-12-31 | ฿8.68 Billion ≈ $270.41 Million |
+40.77% |
| 2021-12-31 | ฿6.16 Billion ≈ $192.09 Million |
+9.56% |
| 2020-12-31 | ฿5.62 Billion ≈ $175.32 Million |
-37.61% |
| 2019-12-31 | ฿9.02 Billion ≈ $281.01 Million |
+2.61% |
| 2018-12-31 | ฿8.79 Billion ≈ $273.87 Million |
+5.16% |
| 2017-12-31 | ฿8.36 Billion ≈ $260.43 Million |
+28.34% |
| 2016-12-31 | ฿6.51 Billion ≈ $202.92 Million |
+1.22% |
| 2015-12-31 | ฿6.43 Billion ≈ $200.48 Million |
-2.72% |
| 2014-12-31 | ฿6.61 Billion ≈ $206.09 Million |
+4.50% |
| 2013-12-31 | ฿6.33 Billion ≈ $197.21 Million |
+25.75% |
| 2012-12-31 | ฿5.03 Billion ≈ $156.83 Million |
+18.53% |
| 2011-12-31 | ฿4.24 Billion ≈ $132.31 Million |
+1.25% |
| 2010-12-31 | ฿4.19 Billion ≈ $130.67 Million |
+9.88% |
| 2009-12-31 | ฿3.82 Billion ≈ $118.92 Million |
+11.03% |
| 2008-12-31 | ฿3.44 Billion ≈ $107.11 Million |
-2.59% |
| 2007-12-31 | ฿3.53 Billion ≈ $109.96 Million |
+23.82% |
| 2006-12-31 | ฿2.85 Billion ≈ $88.81 Million |
+0.49% |
| 2005-12-31 | ฿2.84 Billion ≈ $88.37 Million |
+8.65% |
| 2004-12-31 | ฿2.61 Billion ≈ $81.34 Million |
-4.27% |
| 2003-12-31 | ฿2.73 Billion ≈ $84.97 Million |
+23.53% |
| 2002-12-31 | ฿2.21 Billion ≈ $68.79 Million |
+25.13% |
| 2001-12-31 | ฿1.76 Billion ≈ $54.97 Million |
+2.24% |
| 2000-12-31 | ฿1.73 Billion ≈ $53.77 Million |
+16.82% |
| 1999-12-31 | ฿1.48 Billion ≈ $46.03 Million |
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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 |
|---|---|
|
Gemini Space Station, Inc. Class A Common Stock
NASDAQ:GEMI
|
$211.73 Million |
|
High Tide Inc
V:HITI
|
$211.73 Million |
|
Kreditbanken A/S
CO:KRE
|
$211.84 Million |
|
Kuo Yang Construction Co Ltd
TW:2505
|
$211.91 Million |
|
eGain Corporation
NASDAQ:EGAN
|
$211.69 Million |
|
Sentral REIT
KLSE:5123
|
$211.61 Million |
|
Starpharma Holdings Ltd
AU:SPL
|
$211.46 Million |
|
Sound Point Meridian Capital, Inc.
NYSE:SPMC
|
$211.44 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 1.98x 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 | ฿8.90 | x |
| 2004-12-31 | ฿4.30 | ฿8.90 | x |
| 2005-12-31 | ฿4.67 | ฿8.90 | x |
| 2006-12-31 | ฿4.70 | ฿8.90 | x |
| 2007-12-31 | ฿5.83 | ฿8.90 | x |
| 2008-12-31 | ฿4.97 | ฿8.90 | x |
| 2009-12-31 | ฿6.31 | ฿8.90 | x |
| 2010-12-31 | ฿6.93 | ฿8.90 | x |
| 2012-12-31 | ฿8.34 | ฿8.90 | x |
| 2013-12-31 | ฿10.44 | ฿8.90 | x |
| 2014-12-31 | ฿10.97 | ฿8.90 | x |
| 2015-12-31 | ฿10.57 | ฿8.90 | x |
| 2016-12-31 | ฿10.73 | ฿8.90 | x |
| 2017-12-31 | ฿14.01 | ฿8.90 | x |
| 2018-12-31 | ฿14.74 | ฿8.90 | x |
| 2019-12-31 | ฿15.02 | ฿8.90 | x |
| 2020-12-31 | ฿9.38 | ฿8.90 | x |
| 2021-12-31 | ฿10.25 | ฿8.90 | x |
| 2022-12-31 | ฿13.44 | ฿8.90 | x |
| 2023-12-31 | ฿11.52 | ฿8.90 | x |
| 2024-12-31 | ฿15.17 | ฿8.90 | 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: $3,044,840,456
- Average return on equity (ROE) among peers: 0.15%
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 | $211.70 Million |
| Asian Sea Corporation Public Company Limited (ASIAN) | $1.17 Billion | -38.64% | 2.90x | $180.99 Million |
| Seafresh Industry Public Company Limited (CFRESH) | $1.43 Billion | 7.92% | 0.26x | $23.98 Million |
| Kiang Huat Sea Gull Trading Frozen Food Public Company Limited (CHOTI) | $1.21 Billion | 1.06% | 0.70x | $15.02 Million |
| Chiangmai Frozen Foods Public Company Limited (CM) | $1.35 Billion | 8.86% | 0.10x | $19.01 Million |
| GFPT Public Company Limited (GFPT) | $3.78 Billion | 28.67% | 0.98x | $357.59 Million |
| J.S.P. Property Public Company Limited (JSP) | $5.18 Billion | 9.40% | 0.76x | $28.10 Million |
| Thai Ha Public Company Limited (KASET) | $325.04 Million | -11.22% | 0.97x | $7.19 Million |
| Lee Feed Mill Public Company Limited (LEE) | $2.73 Billion | 6.85% | 0.15x | $69.45 Million |
| Malee Group Public Company Limited (MALEE) | $839.63 Million | -24.17% | 3.77x | $69.74 Million |
| President Bakery Public Company Limited (PB) | $12.44 Billion | 12.78% | 0.11x | $680.27 Million |
About 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