Prima Marine Public Company Limited (PRM) - Net Assets

Latest as of September 2025: ฿11.61 Billion THB ≈ $361.83 Million USD

Based on the latest financial reports, Prima Marine Public Company Limited (PRM) has net assets worth ฿11.61 Billion THB (≈ $361.83 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 (฿23.74 Billion ≈ $739.92 Million USD) and total liabilities (฿12.13 Billion ≈ $378.10 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 PRM asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿11.61 Billion
% of Total Assets	48.9%
Annual Growth Rate	23.29%
5-Year Change	40.94%
10-Year Change	455.41%
Growth Volatility	37.95

Prima Marine Public Company Limited - Net Assets Trend (2014–2024)

This chart illustrates how Prima Marine Public Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore Prima Marine Public Company Limited assets under control for the complete picture of this company's asset base.

Annual Net Assets for Prima Marine Public Company Limited (2014–2024)

The table below shows the annual net assets of Prima Marine Public Company Limited from 2014 to 2024. For live valuation and market cap data, see Prima Marine Public Company Limited stock valuation.

Year	Net Assets	Change
2024-12-31	฿11.73 Billion ≈ $365.66 Million	-2.55%
2023-12-31	฿12.04 Billion ≈ $375.23 Million	+11.34%
2022-12-31	฿10.81 Billion ≈ $337.00 Million	+18.68%
2021-12-31	฿9.11 Billion ≈ $283.95 Million	+9.44%
2020-12-31	฿8.32 Billion ≈ $259.45 Million	+14.34%
2019-12-31	฿7.28 Billion ≈ $226.91 Million	+4.44%
2018-12-31	฿6.97 Billion ≈ $217.26 Million	+11.59%
2017-12-31	฿6.25 Billion ≈ $194.70 Million	+134.87%
2016-12-31	฿2.66 Billion ≈ $82.90 Million	+25.92%
2015-12-31	฿2.11 Billion ≈ $65.84 Million	+46.10%
2014-12-31	฿1.45 Billion ≈ $45.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Prima Marine 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 842.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿5.39 Billion	47.64%
Other Components	฿5.92 Billion	52.36%
Total Equity	฿11.31 Billion	100.00%

Prima Marine Public Company Limited Competitors by Market Cap

The table below lists competitors of Prima Marine Public Company Limited ranked by their market capitalization.

Company	Market Cap
CCCG Real Estate Corp Ltd SHE:000736	$601.28 Million
Mutares SE & Co. KGaA XETRA:MUX	$601.32 Million
Everjoy Health Group Co Ltd SHE:002162	$601.58 Million
Maxic Technology Inc. A SHG:688458	$601.60 Million
London Stock Exchange Group PLC LSE:LSEG	$601.15 Million
Anhui Zhongyuan New Materials Co Ltd SHG:603527	$601.12 Million
Arrow Financial Corporation NASDAQ:AROW	$601.02 Million
Sparebank 1 Ostfold Akershus OL:SOAG	$601.01 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 11,620,905,000 to 11,313,512,000, a change of -307,393,000 (-2.6%).
Net income of 2,120,190,000 contributed positively to equity growth.
Dividend payments of 1,170,371,000 reduced retained earnings.
Share repurchases of 1,214,138,000 reduced equity.
Other comprehensive income decreased equity by 312,670,000.
Other factors increased equity by 269,596,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿2.12 Billion	+18.74%
Dividends Paid	฿1.17 Billion	-10.34%
Share Repurchases	฿1.21 Billion	-10.73%
Other Comprehensive Income	฿-312.67 Million	-2.76%
Other Changes	฿269.60 Million	+2.38%
Total Change	฿-	-2.65%

Book Value vs Market Value Analysis

This analysis compares Prima Marine 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: 1.83x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 28.07x to 1.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	฿0.32	฿8.90	x
2015-12-31	฿0.39	฿8.90	x
2016-12-31	฿1.01	฿8.90	x
2017-12-31	฿2.85	฿8.90	x
2018-12-31	฿2.64	฿8.90	x
2019-12-31	฿2.77	฿8.90	x
2020-12-31	฿3.14	฿8.90	x
2021-12-31	฿3.51	฿8.90	x
2022-12-31	฿4.16	฿8.90	x
2023-12-31	฿4.65	฿8.90	x
2024-12-31	฿4.86	฿8.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Prima Marine 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): 18.74%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 24.12%
• Asset Turnover: 0.38x
• Equity Multiplier: 2.04x
Recent ROE (18.74%) is below the historical average (22.93%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	51.43%	11.71%	0.55x	7.99x	฿328.37 Million
2015	38.48%	9.73%	0.59x	6.67x	฿280.40 Million
2016	31.23%	18.33%	0.51x	3.32x	฿535.46 Million
2017	11.72%	15.95%	0.42x	1.74x	฿105.60 Million
2018	10.80%	15.89%	0.41x	1.64x	฿52.77 Million
2019	14.80%	19.14%	0.41x	1.89x	฿331.85 Million
2020	19.51%	25.87%	0.43x	1.74x	฿747.43 Million
2021	15.97%	23.86%	0.34x	1.98x	฿524.54 Million
2022	21.27%	28.71%	0.37x	1.98x	฿1.17 Billion
2023	18.29%	26.28%	0.39x	1.78x	฿963.30 Million
2024	18.74%	24.12%	0.38x	2.04x	฿988.84 Million

Industry Comparison

This section compares Prima Marine Public Company Limited's net assets metrics with peer companies in the Oil & Gas Midstream industry.

Industry Context

Industry: Oil & Gas Midstream
Average net assets among peers: $6,115,670,415
Average return on equity (ROE) among peers: 12.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Prima Marine Public Company Limited (PRM)	฿11.61 Billion	51.43%	1.04x	$601.23 Million
PRIMA MARINE PCL-NVDR (PRM-R)	$12.04 Billion	17.65%	0.72x	$442.48 Million
Power Solution Technologies Public Company Limited (PSTC)	$192.78 Million	7.43%	2.42x	$29.16 Million

About Prima Marine Public Company Limited

BK:PRM Thailand Oil & Gas Midstream

Market Cap

$601.23 Million

฿19.29 Billion THB

Market Cap Rank

#11587 Global

#111 in Thailand

Share Price

฿8.90

Change (1 day)

+1.71%

52-Week Range

฿5.55 - ฿8.90

All Time High

฿10.71