PTT Global Chemical Public Company Limited (PTTGC) - Net Assets
Based on the latest financial reports, PTT Global Chemical Public Company Limited (PTTGC) has net assets worth ฿301.84 Billion THB (≈ $9.41 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿662.74 Billion ≈ $20.66 Billion USD) and total liabilities (฿360.90 Billion ≈ $11.25 Billion 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 PTT Global Chemical Public Company Limit tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿301.84 Billion |
| % of Total Assets | 45.54% |
| Annual Growth Rate | 12.67% |
| 5-Year Change | -9.72% |
| 10-Year Change | 18.94% |
| Growth Volatility | 35.35 |
PTT Global Chemical Public Company Limited - Net Assets Trend (2004–2025)
This chart illustrates how PTT Global Chemical Public Company Limited's net assets have evolved over time, based on quarterly financial data. See PTTGC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PTT Global Chemical Public Company Limited (2004–2025)
The table below shows the annual net assets of PTT Global Chemical Public Company Limited from 2004 to 2025. For live valuation and market cap data, see how much is PTT Global Chemical Public Company Limit worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿295.77 Billion ≈ $9.22 Billion |
+10.12% |
| 2024-12-31 | ฿268.59 Billion ≈ $8.37 Billion |
-9.31% |
| 2023-12-31 | ฿296.18 Billion ≈ $9.23 Billion |
-0.89% |
| 2022-12-31 | ฿298.83 Billion ≈ $9.31 Billion |
-8.78% |
| 2021-12-31 | ฿327.60 Billion ≈ $10.21 Billion |
+13.36% |
| 2020-12-31 | ฿288.99 Billion ≈ $9.01 Billion |
-1.57% |
| 2019-12-31 | ฿293.60 Billion ≈ $9.15 Billion |
-3.26% |
| 2018-12-31 | ฿303.48 Billion ≈ $9.46 Billion |
+8.28% |
| 2017-12-31 | ฿280.26 Billion ≈ $8.74 Billion |
+12.71% |
| 2016-12-31 | ฿248.67 Billion ≈ $7.75 Billion |
+6.15% |
| 2015-12-31 | ฿234.26 Billion ≈ $7.30 Billion |
-3.15% |
| 2014-12-31 | ฿241.88 Billion ≈ $7.54 Billion |
-1.37% |
| 2013-12-31 | ฿245.23 Billion ≈ $7.64 Billion |
+3.02% |
| 2012-12-31 | ฿238.04 Billion ≈ $7.42 Billion |
+14.20% |
| 2011-12-31 | ฿208.45 Billion ≈ $6.50 Billion |
+93.08% |
| 2010-12-31 | ฿107.96 Billion ≈ $3.37 Billion |
+6.80% |
| 2009-12-31 | ฿101.09 Billion ≈ $3.15 Billion |
+5.09% |
| 2008-12-31 | ฿96.20 Billion ≈ $3.00 Billion |
+1.91% |
| 2007-12-31 | ฿94.40 Billion ≈ $2.94 Billion |
+4.68% |
| 2006-12-31 | ฿90.18 Billion ≈ $2.81 Billion |
+56.87% |
| 2005-12-31 | ฿57.49 Billion ≈ $1.79 Billion |
+137.82% |
| 2004-12-31 | ฿24.17 Billion ≈ $753.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PTT Global Chemical 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 2418.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿144.01 Billion | 49.67% |
| Common Stock | ฿45.09 Billion | 15.55% |
| Other Comprehensive Income | ฿63.91 Billion | 22.04% |
| Other Components | ฿36.94 Billion | 12.74% |
| Total Equity | ฿289.94 Billion | 100.00% |
PTT Global Chemical Public Company Limited Competitors by Market Cap
The table below lists competitors of PTT Global Chemical Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
$4.57 Billion |
|
Bumrungrad Hospital PCL
BK:BH
|
$4.57 Billion |
|
Sotera Health Co
NASDAQ:SHC
|
$4.57 Billion |
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$4.57 Billion |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641
|
$4.56 Billion |
|
Iridium Communications Inc
NASDAQ:IRDM
|
$4.56 Billion |
|
Petronas Dagangan Bhd
KLSE:5681
|
$4.56 Billion |
|
Shinsegae
KO:004170
|
$4.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PTT Global Chemical Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 261,630,578,000 to 289,941,007,000, a change of 28,310,429,000 (10.8%).
- Net loss of 16,283,260,000 reduced equity.
- Dividend payments of 2,516,995,000 reduced retained earnings.
- Other comprehensive income increased equity by 46,137,549,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-16.28 Billion | -5.62% |
| Dividends Paid | ฿2.52 Billion | -0.87% |
| Other Comprehensive Income | ฿46.14 Billion | +15.91% |
| Other Changes | ฿973.13 Million | +0.34% |
| Total Change | ฿- | 10.82% |
Book Value vs Market Value Analysis
This analysis compares PTT Global Chemical 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: 0.51x
- 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 0.74x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | ฿44.04 | ฿32.50 | x |
| 2012-12-31 | ฿49.35 | ฿32.50 | x |
| 2013-12-31 | ฿52.90 | ฿32.50 | x |
| 2014-12-31 | ฿53.10 | ฿32.50 | x |
| 2015-12-31 | ฿51.39 | ฿32.50 | x |
| 2016-12-31 | ฿55.15 | ฿32.50 | x |
| 2017-12-31 | ฿61.47 | ฿32.50 | x |
| 2018-12-31 | ฿65.66 | ฿32.50 | x |
| 2019-12-31 | ฿63.43 | ฿32.50 | x |
| 2020-12-31 | ฿62.64 | ฿32.50 | x |
| 2021-12-31 | ฿70.83 | ฿32.50 | x |
| 2022-12-31 | ฿64.61 | ฿32.50 | x |
| 2023-12-31 | ฿64.07 | ฿32.50 | x |
| 2024-12-31 | ฿58.03 | ฿32.50 | x |
| 2025-12-31 | ฿64.30 | ฿32.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PTT Global Chemical 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): -5.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.34%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.14x
- Recent ROE (-5.62%) is below the historical average (5.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 1.06% | 2.02% | 0.28x | 1.88x | ฿-17.74 Billion |
| 2012 | 15.29% | 6.01% | 1.30x | 1.96x | ฿11.76 Billion |
| 2013 | 13.95% | 6.02% | 1.28x | 1.81x | ฿9.43 Billion |
| 2014 | 6.28% | 2.62% | 1.42x | 1.69x | ฿-8.91 Billion |
| 2015 | 8.90% | 5.11% | 1.07x | 1.63x | ฿-2.55 Billion |
| 2016 | 10.41% | 7.33% | 0.89x | 1.60x | ฿1.00 Billion |
| 2017 | 15.16% | 9.47% | 1.01x | 1.58x | ฿14.18 Billion |
| 2018 | 13.53% | 7.73% | 1.11x | 1.59x | ฿10.46 Billion |
| 2019 | 4.09% | 2.83% | 0.91x | 1.58x | ฿-16.90 Billion |
| 2020 | 0.23% | 0.20% | 0.67x | 1.74x | ฿-27.45 Billion |
| 2021 | 14.13% | 9.59% | 0.63x | 2.35x | ฿13.16 Billion |
| 2022 | -3.00% | -1.28% | 0.95x | 2.47x | ฿-37.88 Billion |
| 2023 | 0.35% | 0.16% | 0.86x | 2.49x | ฿-27.89 Billion |
| 2024 | -11.39% | -4.90% | 0.94x | 2.47x | ฿-55.97 Billion |
| 2025 | -5.62% | -3.34% | 0.79x | 2.14x | ฿-45.28 Billion |
Industry Comparison
This section compares PTT Global Chemical Public Company Limited's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $16,003,977,522
- Average return on equity (ROE) among peers: 7.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PTT Global Chemical Public Company Limited (PTTGC) | ฿301.84 Billion | 1.06% | 1.20x | $4.57 Billion |
| Global Green Chemicals Public Company Limited (GGC) | $7.79 Billion | 13.71% | 0.34x | $114.23 Million |
| Indorama Ventures PCL (IVL) | $82.95 Billion | 7.97% | 1.67x | $3.85 Billion |
| Golden Lime PCL (SUTHA) | $1.01 Billion | 6.12% | 1.15x | $32.31 Million |
| Thai Agro Energy Public Company Limited (TAE) | $1.62 Billion | -5.31% | 1.23x | $44.88 Million |
| UAC Global Public Company Limited (UAC) | $1.44 Billion | 11.35% | 1.11x | $54.10 Million |
| Union Petrochemical Public Company Limited (UKEM) | $1.21 Billion | 9.60% | 0.91x | $32.10 Million |
About PTT Global Chemical Public Company Limited
PTT Global Chemical Public Company Limited operates as a chemical company in Thailand and internationally. It operates through six segments: Upstream, Intermediates, Polymers and Chemicals, Bio and Circularity, Performance Chemicals, and Service and Others. The company offers chemical products, such as petroleum, olefins, aromatics, purified terephthalic acid (PTA), EO-based performance, phenol, … Read more