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 ฿295.77 Billion THB (≈ $9.22 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿606.37 Billion ≈ $18.90 Billion USD) and total liabilities (฿310.60 Billion ≈ $9.68 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. Also explore PTT Global Chemical Public Company Limit asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿295.77 Billion |
| % of Total Assets | 48.78% |
| 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. For live valuation and market cap data, see PTT Global Chemical Public Company Limit market capitalisation.
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. Explore how efficiently does PTT Global Chemical Public Company Limit generate cash to assess how effectively this company generates cash.
| 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 2406.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿143.37 Billion | 49.45% |
| Other Components | ฿146.57 Billion | 50.55% |
| 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 |
|---|---|
|
Olympic Circuit Technology Co Ltd
SHG:603920
|
$5.55 Billion |
|
Reinet Investments SCA
JSE:RNI
|
$5.56 Billion |
|
Gerdau S.A
MX:GGBN
|
$5.56 Billion |
|
Hebei Changshan Biochem Pharma
SHE:300255
|
$5.56 Billion |
|
Shenzhen New Industries Biomedical
SHE:300832
|
$5.55 Billion |
|
Compagnie de l'Odet
PA:ODET
|
$5.55 Billion |
|
Porsche Automobil Holding SE
XETRA:PAH3
|
$5.55 Billion |
|
Jiangsu Lettall Electronic Co Ltd
SHG:603629
|
$5.54 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 261,630,578,260 to 289,941,007,105, a change of 28,310,428,845 (10.8%).
- Net loss of 14,600,389,610 reduced equity.
- Dividend payments of 2,516,995,128 reduced retained earnings.
- Other comprehensive income decreased equity by 17,767,726,959.
- Other factors increased equity by 63,195,540,542.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-14.60 Billion | -5.04% |
| Dividends Paid | ฿2.52 Billion | -0.87% |
| Other Comprehensive Income | ฿-17.77 Billion | -6.13% |
| Other Changes | ฿63.20 Billion | +21.8% |
| 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: 0.61x
- 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 0.90x to 0.61x 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 | ฿39.50 | x |
| 2012-12-31 | ฿49.35 | ฿39.50 | x |
| 2013-12-31 | ฿52.90 | ฿39.50 | x |
| 2014-12-31 | ฿53.10 | ฿39.50 | x |
| 2015-12-31 | ฿51.39 | ฿39.50 | x |
| 2016-12-31 | ฿55.15 | ฿39.50 | x |
| 2017-12-31 | ฿61.47 | ฿39.50 | x |
| 2018-12-31 | ฿65.66 | ฿39.50 | x |
| 2019-12-31 | ฿63.43 | ฿39.50 | x |
| 2020-12-31 | ฿62.64 | ฿39.50 | x |
| 2021-12-31 | ฿70.83 | ฿39.50 | x |
| 2022-12-31 | ฿64.61 | ฿39.50 | x |
| 2023-12-31 | ฿64.07 | ฿39.50 | x |
| 2024-12-31 | ฿58.03 | ฿39.50 | x |
| 2025-12-31 | ฿64.30 | ฿39.50 | 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): -5.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.99%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.09x
- Recent ROE (-5.04%) is below the historical average (5.62%), 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% | 0.62x | 2.37x | ฿13.16 Billion |
| 2022 | -2.62% | -1.12% | 0.95x | 2.47x | ฿-36.77 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 | -5.04% | -2.99% | 0.80x | 2.09x | ฿-43.59 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: $25,512,937,594
- Average return on equity (ROE) among peers: 3.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PTT Global Chemical Public Company Limited (PTTGC) | ฿295.77 Billion | 1.06% | 1.05x | $5.55 Billion |
| Global Green Chemicals Public Company Limited (GGC) | $9.82 Billion | -2.05% | 0.39x | $125.71 Million |
| Indorama Ventures PCL (IVL) | $138.93 Billion | -13.86% | 2.90x | $4.51 Billion |
| Golden Lime PCL (SUTHA) | $1.01 Billion | 4.56% | 1.19x | $25.75 Million |
| Thai Agro Energy Public Company Limited (TAE) | $1.70 Billion | 14.34% | 0.90x | $35.22 Million |
| UAC Global Public Company Limited (UAC) | $1.27 Billion | 2.34% | 1.35x | $55.35 Million |
| Union Petrochemical Public Company Limited (UKEM) | $347.74 Million | 14.25% | 2.05x | $39.87 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