Power Solution Technologies Public Company Limited Net Assets

Latest as of March 2026: ฿2.02 Billion THB ≈ $62.89 Million USD

Power Solution Technologies Public Company Limited net assets. Based on the latest financial reports, Power Solution Technologies Public Company Limited (PSTC) has net assets worth ฿2.02 Billion THB (≈ $62.89 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿3.69 Billion ≈ $115.02 Million USD) and total liabilities (฿1.67 Billion ≈ $52.13 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 PSTC net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿2.02 Billion
% of Total Assets	54.67%
Annual Growth Rate	21.84%
5-Year Change	-59.53%
10-Year Change	49.8%
Growth Volatility	75.38

Net Assets of Power Solution Technologies Public Company Limited (2013–2025)

Net assets of Power Solution Technologies Public Company Limited from 2013 to 2025. This chart illustrates how Power Solution Technologies Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Power Solution Technologies Public Compa balance sheet independence to measure how much of total assets are equity-financed.

Annual Net Assets for Power Solution Technologies Public Company Limited (2013–2025)

The table below shows the annual net assets of Power Solution Technologies Public Company Limited from 2013 to 2025. For live market cap and overall valuation, see market value of Power Solution Technologies Public Compa.

Year	Net Assets	Change
2025-12-31	฿2.06 Billion ≈ $64.34 Million	-61.93%
2024-12-31	฿5.42 Billion ≈ $168.98 Million	-0.69%
2023-12-31	฿5.46 Billion ≈ $170.16 Million	+1.71%
2022-12-31	฿5.37 Billion ≈ $167.29 Million	+5.24%
2021-12-31	฿5.10 Billion ≈ $158.96 Million	-11.33%
2020-12-31	฿5.75 Billion ≈ $179.27 Million	-16.65%
2019-12-31	฿6.90 Billion ≈ $215.08 Million	+74.30%
2018-12-31	฿3.96 Billion ≈ $123.39 Million	+9.52%
2017-12-31	฿3.61 Billion ≈ $112.66 Million	+162.33%
2016-12-31	฿1.38 Billion ≈ $42.95 Million	+153.98%
2015-12-31	฿542.52 Million ≈ $16.91 Million	+5.06%
2014-12-31	฿516.38 Million ≈ $16.10 Million	+167.85%
2013-12-31	฿192.78 Million ≈ $6.01 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 decreased by 36969.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Power Solution Technologies Public Company Limited Net Assets Breakdown (December 2025)

Power Solution Technologies Public Company Limited net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Common Stock	฿1.73 Billion	83.90%
Other Comprehensive Income	฿99.19 Million	4.80%
Other Components	฿5.56 Billion	269.50%
Total Equity	฿2.06 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
Seker Gayrimenkul Yatirim Ortakligi A.S. IS:SEGYO	$37.82 Million
Oricom Inc KQ:010470	$37.82 Million
Lustrum Minerals Limited AU:LRM	$37.83 Million
Superlon Holdings Bhd KLSE:7235	$37.83 Million
Abnova Taiwan Corp TW:4133	$37.77 Million
ICE FISH FARM AS NK-10 F:4YYA	$37.77 Million
Milux Corporation Bhd KLSE:7935	$37.77 Million
Canacol Energy Ltd. TO:CNE	$37.76 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 2024 to 2025, total equity changed from 5,422,128,371 to 2,064,770,020, a change of -3,357,358,351 (-61.9%).
Net loss of 3,359,017,427 reduced equity.
New share issuances of 3,057 increased equity.
Other comprehensive income decreased equity by 18,165,615.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿-3.36 Billion	-162.68%
Share Issuances	฿3.06K	+0.0%
Other Comprehensive Income	฿-18.17 Million	-0.88%
Other Changes	฿19.82 Million	+0.96%
Total Change	฿-	-61.92%

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: 0.59x
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 0.80x 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
2013-12-31	฿0.44	฿0.35	x
2014-12-31	฿1.09	฿0.35	x
2015-12-31	฿1.16	฿0.35	x
2016-12-31	฿1.61	฿0.35	x
2017-12-31	฿3.02	฿0.35	x
2018-12-31	฿2.37	฿0.35	x
2019-12-31	฿4.16	฿0.35	x
2020-12-31	฿2.40	฿0.35	x
2021-12-31	฿2.13	฿0.35	x
2022-12-31	฿2.24	฿0.35	x
2023-12-31	฿2.28	฿0.35	x
2024-12-31	฿2.29	฿0.35	x
2025-12-31	฿0.60	฿0.35	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): -162.68%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -220.50%
• Asset Turnover: 0.40x
• Equity Multiplier: 1.85x
Recent ROE (-162.68%) is below the historical average (-9.91%), 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
2025	-162.68%	-220.50%	0.40x	1.85x	฿-3.57 Billion

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: $8,891,280,000
Average return on equity (ROE) among peers: 15.35%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Power Solution Technologies Public Company Limited (PSTC)	฿2.02 Billion	7.43%	0.83x	$37.80 Million
Prima Marine Public Company Limited (PRM)	$6.97 Billion	10.21%	0.55x	$580.96 Million
PRIMA MARINE PCL-NVDR (PRM-R)	$10.81 Billion	20.49%	0.90x	$442.48 Million

About Power Solution Technologies Public Company Limited

BK:PSTC Thailand Oil & Gas Midstream

Market Cap

$37.80 Million

฿1.21 Billion THB

Market Cap Rank

#22727 Global

#409 in Thailand

Share Price

฿0.35

Change (1 day)

+0.00%

52-Week Range

฿0.23 - ฿0.36

All Time High

฿4.52