Precious Shipping Public Company Limited (PSL) - Net Assets

Latest as of June 2025: ฿15.20 Billion THB ≈ $473.90 Million USD

Based on the latest financial reports, Precious Shipping Public Company Limited (PSL) has net assets worth ฿15.20 Billion THB (≈ $473.90 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿24.41 Billion ≈ $760.83 Million USD) and total liabilities (฿9.21 Billion ≈ $286.94 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. Also explore PSL asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿15.20 Billion
% of Total Assets	62.29%
Annual Growth Rate	17.31%
5-Year Change	66.4%
10-Year Change	2.29%
Growth Volatility	51.9

Precious Shipping Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how Precious Shipping Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see market cap of Precious Shipping Public Company Limited.

Annual Net Assets for Precious Shipping Public Company Limited (2000–2024)

The table below shows the annual net assets of Precious Shipping Public Company Limited from 2000 to 2024. Explore cash flow conversion of Precious Shipping Public Company Limited to assess how effectively this company generates cash.

Year	Net Assets	Change
2024-12-31	฿16.86 Billion ≈ $525.62 Million	+3.80%
2023-12-31	฿16.25 Billion ≈ $506.37 Million	-1.32%
2022-12-31	฿16.46 Billion ≈ $513.13 Million	+14.60%
2021-12-31	฿14.37 Billion ≈ $447.75 Million	+41.75%
2020-12-31	฿10.13 Billion ≈ $315.88 Million	-12.33%
2019-12-31	฿11.56 Billion ≈ $360.29 Million	-8.95%
2018-12-31	฿12.70 Billion ≈ $395.71 Million	+2.92%
2017-12-31	฿12.34 Billion ≈ $384.49 Million	-9.51%
2016-12-31	฿13.63 Billion ≈ $424.92 Million	-17.31%
2015-12-31	฿16.49 Billion ≈ $513.86 Million	+7.87%
2014-12-31	฿15.28 Billion ≈ $476.38 Million	-2.22%
2013-12-31	฿15.63 Billion ≈ $487.21 Million	+7.92%
2012-12-31	฿14.48 Billion ≈ $451.46 Million	-5.68%
2011-12-31	฿15.36 Billion ≈ $478.65 Million	-8.32%
2010-12-31	฿16.75 Billion ≈ $522.07 Million	-2.26%
2009-12-31	฿17.14 Billion ≈ $534.13 Million	+5.93%
2008-12-31	฿16.18 Billion ≈ $504.24 Million	+15.02%
2007-12-31	฿14.06 Billion ≈ $438.39 Million	+16.84%
2006-12-31	฿12.04 Billion ≈ $375.21 Million	+21.03%
2005-12-31	฿9.95 Billion ≈ $310.00 Million	+87.92%
2004-12-31	฿5.29 Billion ≈ $164.96 Million	+170.32%
2003-12-31	฿1.96 Billion ≈ $61.03 Million	+189.37%
2002-12-31	฿676.59 Million ≈ $21.09 Million	+42.73%
2001-12-31	฿474.04 Million ≈ $14.78 Million	+29.80%
2000-12-31	฿365.21 Million ≈ $11.38 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Precious Shipping 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 1485048456400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	฿12.69 Billion	75.27%
Common Stock	฿1.56 Billion	9.25%
Other Comprehensive Income	฿711.93 Million	4.22%
Other Components	฿1.90 Billion	11.26%
Total Equity	฿16.86 Billion	100.00%

Precious Shipping Public Company Limited Competitors by Market Cap

The table below lists competitors of Precious Shipping Public Company Limited ranked by their market capitalization.

Company	Market Cap
Alico Inc NASDAQ:ALCO	$314.69 Million
Spire Global Inc NYSE:SPIR	$314.78 Million
Compass Therapeutics Inc. NASDAQ:CMPX	$314.82 Million
Perpetual Credit Income Trust AU:PCI	$314.92 Million
Strattec Security Corporation NASDAQ:STRT	$314.57 Million
Weyco Group Inc NASDAQ:WEYS	$314.43 Million
BIGLARI HLDGS CL. A F:SQ7A	$314.40 Million
Tanzanian Royalty Exploration Corp NYSE MKT:TRX	$314.28 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 16,245,709,015 to 16,863,489,315, a change of 617,780,300 (3.8%).
Net income of 1,468,280,515 contributed positively to equity growth.
Dividend payments of 623,635,013 reduced retained earnings.
Other comprehensive income increased equity by 19,084,887.
Other factors decreased equity by 245,950,089.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	฿1.47 Billion	+8.71%
Dividends Paid	฿623.64 Million	-3.7%
Other Comprehensive Income	฿19.08 Million	+0.11%
Other Changes	฿-245.95 Million	-1.46%
Total Change	฿-	3.80%

Book Value vs Market Value Analysis

This analysis compares Precious Shipping 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: 0.63x
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 3.07x to 0.63x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	฿2.22	฿6.80	x
2001-12-31	฿3.17	฿6.80	x
2002-12-31	฿0.46	฿6.80	x
2003-12-31	฿1.39	฿6.80	x
2004-12-31	฿3.90	฿6.80	x
2005-12-31	฿7.44	฿6.80	x
2006-12-31	฿8.88	฿6.80	x
2007-12-31	฿10.27	฿6.80	x
2008-12-31	฿11.79	฿6.80	x
2009-12-31	฿12.48	฿6.80	x
2010-12-31	฿12.18	฿6.80	x
2011-12-31	฿11.15	฿6.80	x
2012-12-31	฿10.90	฿6.80	x
2013-12-31	฿11.44	฿6.80	x
2014-12-31	฿14.70	฿6.80	x
2015-12-31	฿12.37	฿6.80	x
2016-12-31	฿8.74	฿6.80	x
2017-12-31	฿7.91	฿6.80	x
2018-12-31	฿8.14	฿6.80	x
2019-12-31	฿7.41	฿6.80	x
2020-12-31	฿6.50	฿6.80	x
2021-12-31	฿9.21	฿6.80	x
2022-12-31	฿10.56	฿6.80	x
2023-12-31	฿10.42	฿6.80	x
2024-12-31	฿10.80	฿6.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Precious Shipping 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): 8.71%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 24.53%
• Asset Turnover: 0.23x
• Equity Multiplier: 1.55x
Recent ROE (8.71%) is below the historical average (19.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	-120.64%	-8.74%	0.63x	22.02x	฿-397.03 Million
2001	154.95%	16.60%	0.70x	13.35x	฿629.86 Million
2002	79.30%	14.77%	0.67x	8.06x	฿439.08 Million
2003	80.83%	38.51%	0.68x	3.09x	฿1.35 Billion
2004	90.03%	54.42%	0.65x	2.54x	฿4.22 Billion
2005	62.14%	55.69%	0.80x	1.39x	฿5.18 Billion
2006	30.89%	40.16%	0.73x	1.06x	฿2.51 Billion
2007	29.58%	46.01%	0.60x	1.07x	฿2.75 Billion
2008	30.54%	57.01%	0.48x	1.11x	฿3.32 Billion
2009	17.81%	47.54%	0.29x	1.29x	฿1.34 Billion
2010	5.41%	26.76%	0.15x	1.32x	฿-766.81 Million
2011	4.69%	23.30%	0.13x	1.49x	฿-813.81 Million
2012	0.97%	4.03%	0.15x	1.66x	฿-1.31 Billion
2013	3.38%	13.64%	0.15x	1.63x	฿-1.03 Billion
2014	-0.52%	-1.75%	0.16x	1.83x	฿-1.61 Billion
2015	-14.71%	-56.99%	0.13x	1.97x	฿-4.07 Billion
2016	-19.55%	-72.22%	0.11x	2.37x	฿-4.03 Billion
2017	-1.05%	-2.99%	0.15x	2.34x	฿-1.36 Billion
2018	3.59%	9.25%	0.18x	2.19x	฿-813.34 Million
2019	-1.98%	-5.50%	0.17x	2.17x	฿-1.38 Billion
2020	-12.78%	-34.71%	0.17x	2.11x	฿-2.31 Billion
2021	31.15%	51.94%	0.37x	1.64x	฿3.04 Billion
2022	29.47%	53.14%	0.38x	1.48x	฿3.20 Billion
2023	4.37%	13.91%	0.21x	1.50x	฿-914.97 Million
2024	8.71%	24.53%	0.23x	1.55x	฿-218.07 Million

Industry Comparison

This section compares Precious Shipping Public Company Limited's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

Industry: Marine Shipping
Average net assets among peers: $7,817,688,798
Average return on equity (ROE) among peers: 13.59%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Precious Shipping Public Company Limited (PSL)	฿15.20 Billion	-120.64%	0.61x	$314.68 Million
Ama Marine Public Company Limited (AMA)	$2.96 Billion	7.82%	0.43x	$62.63 Million
Namyong Terminal PCL (NYT)	$3.75 Billion	10.35%	0.16x	$165.42 Million
Sahathai Terminal Public Company Limited (PORT)	$921.58 Million	6.70%	1.54x	$9.46 Million
Precious Shipping Public Company Limited (PSL-R)	$11.56 Billion	-1.98%	1.17x	$312.37 Million
Regional Container Lines Public Company Limited (RCL)	$25.91 Billion	69.36%	0.49x	$794.32 Million
Regional Container Lines Public Company Limited (RCL-R)	$9.07 Billion	19.23%	0.98x	$697.45 Million
Raja Ferry Port Public Company Limited (RP)	$544.17 Million	-16.37%	1.22x	$3.07 Million

About Precious Shipping Public Company Limited

BK:PSL Thailand Marine Shipping

Market Cap

$314.68 Million

฿10.10 Billion THB

Market Cap Rank

#14749 Global

#158 in Thailand

Share Price

฿6.80

Change (1 day)

+0.00%

52-Week Range

฿5.55 - ฿8.15

All Time High

฿19.33