QTC Energy Public Company Limited

BK:QTC Thailand Electrical Equipment & Parts
Market Cap
$35.61 Million
฿1.23 Billion THB
Market Cap Rank
#26920 Global
#442 in Thailand
Share Price
฿3.62
Change (1 day)
+0.56%
52-Week Range
฿3.32 - ฿3.98
All Time High
฿16.77
Categories
Companies in Thailand Electrical Equipment & Parts
About

QTC Energy Public Company Limited, together with its subsidiaries, engages in the manufacture, sale, and distribution of electric transformers in Thailand and internationally. The company offers oil and dry type, and super low loss transformer products; EV chargers and accessories; and solar products, such as inverters, mono-facia, bi-facial, cables and connectors, and accessories. It also provid… Read more

QTC Energy Public Company Limited (QTC) - Net Assets

Latest net assets as of December 2025: ฿1.57 Billion THB

Based on the latest financial reports, QTC Energy Public Company Limited (QTC) has net assets worth ฿1.57 Billion THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿2.35 Billion) and total liabilities (฿786.77 Million). 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 ฿1.57 Billion
% of Total Assets 66.55%
Annual Growth Rate 13.88%
5-Year Change -9.85%
10-Year Change 106.56%
Growth Volatility 27.3

QTC Energy Public Company Limited - Net Assets Trend (2010–2025)

This chart illustrates how QTC Energy 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 QTC Energy Public Company Limited (2010–2025)

The table below shows the annual net assets of QTC Energy Public Company Limited from 2010 to 2025.

Year Net Assets Change
2025-12-31 ฿1.57 Billion -3.63%
2024-12-31 ฿1.62 Billion +2.65%
2023-12-31 ฿1.58 Billion -0.08%
2022-12-31 ฿1.58 Billion -8.80%
2021-12-31 ฿1.74 Billion +2.59%
2020-12-31 ฿1.69 Billion +3.26%
2019-12-31 ฿1.64 Billion +13.68%
2018-12-31 ฿1.44 Billion -0.03%
2017-12-31 ฿1.44 Billion +90.33%
2016-12-31 ฿757.67 Million +32.17%
2015-12-31 ฿573.26 Million +17.44%
2014-12-31 ฿488.12 Million +2.67%
2013-12-31 ฿475.42 Million +3.15%
2012-12-31 ฿460.92 Million +21.28%
2011-12-31 ฿380.03 Million +70.59%
2010-12-31 ฿222.77 Million --

Equity Component Analysis

This analysis shows how different components contribute to QTC Energy 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 92.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ฿5.56 Million 0.36%
Other Components ฿1.55 Billion 99.64%
Total Equity ฿1.56 Billion 100.00%

QTC Energy Public Company Limited Competitors by Market Cap

The table below lists competitors of QTC Energy Public Company Limited ranked by their market capitalization.

Company Market Cap
Thorney Technologies Ltd
AU:TEK
 		$14.48 Million
Tan Chong Motor Holdings Bhd
KLSE:4405
 		$14.48 Million
KCP Sugar and Industries Corporation Limited
NSE:KCPSUGIND
 		$14.49 Million
Libertas 7 SA
MC:LIB
 		$14.49 Million
Aspocomp Group Oyj
HE:ACG1V
 		$14.47 Million
Getin Holding SA
WAR:GTN
 		$14.47 Million
EENERGY GROUP LS 0003
F:A1Z1
 		$14.47 Million
InPlay Oil Corp
OTCQX:IPOOF
 		$14.46 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,622,605,165 to 1,559,631,621, a change of -62,973,544 (-3.9%).
  • Net income of 28,866,474 contributed positively to equity growth.
  • Dividend payments of 85,064,028 reduced retained earnings.
  • Other comprehensive income decreased equity by 34,109,256.
  • Other factors increased equity by 27,333,266.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿28.87 Million +1.85%
Dividends Paid ฿85.06 Million -5.45%
Other Comprehensive Income ฿-34.11 Million -2.19%
Other Changes ฿27.33 Million +1.75%
Total Change ฿- -3.88%

Book Value vs Market Value Analysis

This analysis compares QTC Energy 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: 0.79x
  • 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 2.44x to 0.79x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 ฿1.49 ฿3.62 x
2011-12-31 ฿2.21 ฿3.62 x
2012-12-31 ฿2.30 ฿3.62 x
2013-12-31 ฿2.38 ฿3.62 x
2014-12-31 ฿2.44 ฿3.62 x
2015-12-31 ฿2.85 ฿3.62 x
2016-12-31 ฿3.17 ฿3.62 x
2017-12-31 ฿4.85 ฿3.62 x
2018-12-31 ฿4.22 ฿3.62 x
2019-12-31 ฿4.80 ฿3.62 x
2020-12-31 ฿4.96 ฿3.62 x
2021-12-31 ฿5.09 ฿3.62 x
2022-12-31 ฿4.64 ฿3.62 x
2023-12-31 ฿4.64 ฿3.62 x
2024-12-31 ฿4.76 ฿3.62 x
2025-12-31 ฿4.57 ฿3.62 x

Capital Efficiency Dashboard

This dashboard shows how efficiently QTC Energy 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): 1.85%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.82%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.51x
  • Recent ROE (1.85%) is below the historical average (8.15%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 19.65% 8.40% 1.46x 1.60x ฿21.49 Million
2011 22.12% 11.77% 1.25x 1.50x ฿46.06 Million
2012 25.79% 12.39% 1.22x 1.71x ฿72.79 Million
2013 15.67% 9.27% 1.09x 1.55x ฿26.97 Million
2014 11.33% 7.27% 1.07x 1.46x ฿6.48 Million
2015 20.83% 9.67% 1.15x 1.87x ฿61.78 Million
2016 -10.67% -15.16% 0.44x 1.62x ฿-156.00 Million
2017 -17.17% -27.42% 0.44x 1.42x ฿-391.13 Million
2018 0.02% 0.04% 0.50x 1.33x ฿-143.61 Million
2019 12.13% 20.58% 0.52x 1.13x ฿34.93 Million
2020 9.32% 15.45% 0.53x 1.14x ฿-11.50 Million
2021 7.33% 10.85% 0.59x 1.14x ฿-46.38 Million
2022 1.00% 1.30% 0.66x 1.17x ฿-142.49 Million
2023 4.23% 5.00% 0.72x 1.18x ฿-91.32 Million
2024 6.98% 7.48% 0.76x 1.23x ฿-48.97 Million
2025 1.85% 1.82% 0.67x 1.51x ฿-127.10 Million

Industry Comparison

This section compares QTC Energy Public Company Limited's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $3,106,248,490
  • Average return on equity (ROE) among peers: 6.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
QTC Energy Public Company Limited (QTC) ฿1.57 Billion 19.65% 0.50x $14.48 Million
Thai Energy Storage Technology Public Company Limited (3K-BAT) $1.98 Billion -7.27% 0.89x $2.00 Million
Asian Insulators PCL (AI) $3.41 Billion 11.31% 0.19x $27.20 Million
Ekarat Engineering Public Company Limited (AKR) $1.68 Billion 16.66% 0.42x $23.80 Million
Asefa Public Company Limited (ASEFA) $612.24 Million 18.56% 1.82x $13.26 Million
C.I. Group Public Company Limited (CIG) $362.41 Million -35.87% 1.41x $1.58 Million
Cpt Drives & Power Pcl (CPT) $493.86 Million 22.89% 0.85x $7.81 Million
Charoong Thai Wire and Cable Public Company Limited (CTW) $4.05 Billion 4.35% 0.89x $14.38 Million
Delta Electronics (Thailand) Public Company Limited (DELTA) $13.93 Billion 29.02% 0.54x $36.09 Billion
SCI Electric Public Company Limited (SCI) $1.45 Billion 0.11% 1.17x $7.53 Million