Power Solution Technologies Public Company Limited
Power Solution Technologies Public Company Limited, together with its subsidiaries, provides fuel distribution and logistics services in Thailand. It operates in four segments: Distribution and Installation of Power Systems and Project Equipment; Electricity Generating from Renewable Energy; Fuel Distribution and Logistics; and Construction. The company distributes liquefied petroleum and liquefi… Read more
Power Solution Technologies Public Company Limited (PSTC) - Net Assets
Latest net assets as of September 2025: ฿5.10 Billion THB
Based on the latest financial reports, Power Solution Technologies Public Company Limited (PSTC) has net assets worth ฿5.10 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 (฿6.75 Billion) and total liabilities (฿1.65 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 | ฿5.10 Billion |
| % of Total Assets | 75.51% |
| Annual Growth Rate | 35.43% |
| 5-Year Change | -5.74% |
| 10-Year Change | 899.29% |
| Growth Volatility | 71.78 |
Power Solution Technologies Public Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Power Solution Technologies 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 Power Solution Technologies Public Company Limited (2013–2024)
The table below shows the annual net assets of Power Solution Technologies Public Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿5.42 Billion | -0.69% |
| 2023-12-31 | ฿5.46 Billion | +1.71% |
| 2022-12-31 | ฿5.37 Billion | +5.24% |
| 2021-12-31 | ฿5.10 Billion | -11.33% |
| 2020-12-31 | ฿5.75 Billion | -16.65% |
| 2019-12-31 | ฿6.90 Billion | +74.30% |
| 2018-12-31 | ฿3.96 Billion | +9.52% |
| 2017-12-31 | ฿3.61 Billion | +162.33% |
| 2016-12-31 | ฿1.38 Billion | +153.98% |
| 2015-12-31 | ฿542.52 Million | +5.06% |
| 2014-12-31 | ฿516.38 Million | +167.85% |
| 2013-12-31 | ฿192.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power Solution Technologies 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 10046.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿1.47 Billion | 27.06% |
| Common Stock | ฿1.73 Billion | 31.95% |
| Other Comprehensive Income | ฿117.36 Million | 2.16% |
| Other Components | ฿2.11 Billion | 38.83% |
| Total Equity | ฿5.42 Billion | 100.00% |
Power Solution Technologies Public Company Limited Competitors by Market Cap
The table below lists competitors of Power Solution Technologies Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
I-Berhad
KLSE:4251
|
$16.00 Million |
|
Classic Scenic Bhd
KLSE:7202
|
$16.01 Million |
|
SHINWON CONSTRUCTION COMPANY Ltd
KQ:017000
|
$16.01 Million |
|
Adolfo Dominguez SA
MC:ADZ
|
$16.01 Million |
|
Nurminen Logistics Oyj
HE:NLG1V
|
$15.99 Million |
|
Mao Bao Inc
TW:1732
|
$15.99 Million |
|
Agat Ejendomme A/S
CO:AGAT
|
$15.99 Million |
|
Bank Mayapada Internasional
JK:MAYA
|
$15.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power Solution Technologies Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,455,990,145 to 5,422,128,371, a change of -33,861,774 (-0.6%).
- Net loss of 320,433,399 reduced equity.
- New share issuances of 545,229,757 increased equity.
- Other comprehensive income decreased equity by 308,874,442.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-320.43 Million | -5.91% |
| Share Issuances | ฿545.23 Million | +10.06% |
| Other Comprehensive Income | ฿-308.87 Million | -5.7% |
| Other Changes | ฿50.22 Million | +0.93% |
| Total Change | ฿- | -0.62% |
Book Value vs Market Value Analysis
This analysis compares Power Solution Technologies 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: 0.12x
- 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 0.64x to 0.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿0.44 | ฿0.28 | x |
| 2014-12-31 | ฿1.09 | ฿0.28 | x |
| 2015-12-31 | ฿1.16 | ฿0.28 | x |
| 2016-12-31 | ฿1.61 | ฿0.28 | x |
| 2017-12-31 | ฿3.02 | ฿0.28 | x |
| 2018-12-31 | ฿2.37 | ฿0.28 | x |
| 2019-12-31 | ฿4.16 | ฿0.28 | x |
| 2020-12-31 | ฿2.40 | ฿0.28 | x |
| 2021-12-31 | ฿2.13 | ฿0.28 | x |
| 2022-12-31 | ฿2.24 | ฿0.28 | x |
| 2023-12-31 | ฿2.28 | ฿0.28 | x |
| 2024-12-31 | ฿2.29 | ฿0.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power Solution Technologies 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): -5.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.54%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.31x
- Recent ROE (-5.91%) is below the historical average (2.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.43% | 3.28% | 0.66x | 3.42x | ฿-4.95 Million |
| 2014 | 7.48% | 9.11% | 0.47x | 1.75x | ฿-13.03 Million |
| 2015 | 2.84% | 3.07% | 0.50x | 1.84x | ฿-37.25 Million |
| 2016 | -2.84% | -6.44% | 0.18x | 2.52x | ฿-174.41 Million |
| 2017 | 1.53% | 3.21% | 0.23x | 2.03x | ฿-239.98 Million |
| 2018 | 2.70% | 2.87% | 0.44x | 2.16x | ฿-228.73 Million |
| 2019 | 45.37% | 98.65% | 0.31x | 1.48x | ฿2.44 Billion |
| 2020 | -17.68% | -38.58% | 0.32x | 1.43x | ฿-1.59 Billion |
| 2021 | -1.83% | -4.08% | 0.30x | 1.51x | ฿-602.31 Million |
| 2022 | -1.92% | -5.62% | 0.25x | 1.37x | ฿-638.99 Million |
| 2023 | -3.27% | -11.31% | 0.21x | 1.36x | ฿-723.88 Million |
| 2024 | -5.91% | -20.54% | 0.22x | 1.31x | ฿-862.65 Million |
Industry Comparison
This section compares Power Solution Technologies 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: $6,474,303,435
- Average return on equity (ROE) among peers: 15.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power Solution Technologies Public Company Limited (PSTC) | ฿5.10 Billion | 7.43% | 0.32x | $15.99 Million |
| Pilatus Marine PCL (PLT) | $411.55 Million | 15.12% | 0.96x | $4.38 Million |
| Prima Marine Public Company Limited (PRM) | $11.73 Billion | 18.07% | 0.96x | $190.18 Million |
| PRIMA MARINE PCL-NVDR (PRM-R) | $7.28 Billion | 14.06% | 0.79x | $145.66 Million |