Thai Nam Plastic Public Company Limited
Thai Nam Plastic Public Company Limited manufactures and distributes semi-finished plastic products, synthetic leathers, and films/sheets in Thailand and internationally. It operates through two segments, Manufacturing of Plastic Parts of Automobile Industry Group and Others. The company offers artificial leather and automobile rubber flooring products; and various plastics products, including so… Read more
Thai Nam Plastic Public Company Limited (TNPC) - Net Assets
Latest net assets as of September 2025: ฿421.69 Million THB
Based on the latest financial reports, Thai Nam Plastic Public Company Limited (TNPC) has net assets worth ฿421.69 Million THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿1.20 Billion) and total liabilities (฿773.48 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 | ฿421.69 Million |
| % of Total Assets | 35.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | 27.21% |
| 10-Year Change | -9.79% |
| Growth Volatility | 32.89 |
Thai Nam Plastic Public Company Limited - Net Assets Trend (2000–2024)
This chart illustrates how Thai Nam Plastic 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 Thai Nam Plastic Public Company Limited (2000–2024)
The table below shows the annual net assets of Thai Nam Plastic Public Company Limited from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿563.23 Million | +4.28% |
| 2023-12-31 | ฿540.10 Million | +7.16% |
| 2022-12-31 | ฿504.02 Million | -3.23% |
| 2021-12-31 | ฿520.82 Million | +17.63% |
| 2020-12-31 | ฿442.76 Million | -4.29% |
| 2019-12-31 | ฿462.62 Million | -19.47% |
| 2018-12-31 | ฿574.44 Million | +1.18% |
| 2017-12-31 | ฿567.74 Million | -6.02% |
| 2016-12-31 | ฿604.09 Million | -3.25% |
| 2015-12-31 | ฿624.36 Million | +5.26% |
| 2014-12-31 | ฿593.17 Million | -21.32% |
| 2013-12-31 | ฿753.88 Million | +28.86% |
| 2012-12-31 | ฿585.05 Million | +32.45% |
| 2011-12-31 | ฿441.71 Million | -31.86% |
| 2010-12-31 | ฿648.21 Million | -5.29% |
| 2009-12-31 | ฿684.39 Million | -45.06% |
| 2008-12-31 | ฿1.25 Billion | +1153.50% |
| 2007-12-31 | ฿-118.25 Million | -637.69% |
| 2006-12-31 | ฿-16.03 Million | -109.98% |
| 2005-12-31 | ฿160.67 Million | +40.24% |
| 2004-12-31 | ฿114.56 Million | -42.78% |
| 2003-12-31 | ฿200.20 Million | +269.02% |
| 2002-12-31 | ฿-118.45 Million | 0.00% |
| 2001-12-31 | ฿-118.45 Million | +31.62% |
| 2000-12-31 | ฿-173.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thai Nam Plastic 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 77553482250.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿165.11 Million | 29.31% |
| Common Stock | ฿340.81 Million | 60.51% |
| Other Comprehensive Income | ฿34.35 Million | 6.10% |
| Other Components | ฿22.96 Million | 4.08% |
| Total Equity | ฿563.23 Million | 100.00% |
Thai Nam Plastic Public Company Limited Competitors by Market Cap
The table below lists competitors of Thai Nam Plastic Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IERVOLINO ENTERTAINMENT
F:G37
|
$6.95 Million |
|
NeuroMetrix Inc
NASDAQ:NURO
|
$6.95 Million |
|
ADVFN Plc
PINK:AVFCF
|
$6.96 Million |
|
UMediC Group Berhad
KLSE:0256
|
$6.96 Million |
|
GUNA
JK:GUNA
|
$6.95 Million |
|
Yunji Inc
NASDAQ:YJ
|
$6.95 Million |
|
Pacific Coast Oil Trust
OTCMKTS:ROYTL
|
$6.94 Million |
|
H2APEX Group SCA
XETRA:H2A
|
$6.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thai Nam Plastic Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 540,099,384 to 563,230,497, a change of 23,131,113 (4.3%).
- Net loss of 135,891,324 reduced equity.
- Dividend payments of 6,053,733 reduced retained earnings.
- Other comprehensive income decreased equity by 20,959,203.
- Other factors increased equity by 186,035,372.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿-135.89 Million | -24.13% |
| Dividends Paid | ฿6.05 Million | -1.07% |
| Other Comprehensive Income | ฿-20.96 Million | -3.72% |
| Other Changes | ฿186.04 Million | +33.03% |
| Total Change | ฿- | 4.28% |
Book Value vs Market Value Analysis
This analysis compares Thai Nam Plastic 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: 0.52x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ฿-0.58 | ฿0.86 | x |
| 2006-12-31 | ฿1.17 | ฿0.86 | x |
| 2007-12-31 | ฿1.21 | ฿0.86 | x |
| 2008-12-31 | ฿1.98 | ฿0.86 | x |
| 2009-12-31 | ฿1.91 | ฿0.86 | x |
| 2010-12-31 | ฿1.79 | ฿0.86 | x |
| 2011-12-31 | ฿1.19 | ฿0.86 | x |
| 2012-12-31 | ฿1.61 | ฿0.86 | x |
| 2013-12-31 | ฿2.11 | ฿0.86 | x |
| 2014-12-31 | ฿1.66 | ฿0.86 | x |
| 2015-12-31 | ฿1.76 | ฿0.86 | x |
| 2016-12-31 | ฿1.77 | ฿0.86 | x |
| 2017-12-31 | ฿1.67 | ฿0.86 | x |
| 2018-12-31 | ฿1.69 | ฿0.86 | x |
| 2019-12-31 | ฿1.36 | ฿0.86 | x |
| 2020-12-31 | ฿1.30 | ฿0.86 | x |
| 2021-12-31 | ฿1.53 | ฿0.86 | x |
| 2022-12-31 | ฿1.48 | ฿0.86 | x |
| 2023-12-31 | ฿1.58 | ฿0.86 | x |
| 2024-12-31 | ฿1.65 | ฿0.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thai Nam Plastic 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): -24.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.03%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 2.33x
- Recent ROE (-24.13%) is below the historical average (5.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | 4.61% | 1.16x | 0.00x | ฿66.60 Million |
| 2005 | 63.07% | 6.18% | 0.89x | 11.44x | ฿69.28 Million |
| 2006 | 9.81% | 2.64% | 3.38x | 1.10x | ฿-576.33K |
| 2007 | 2.25% | 0.93% | 2.25x | 1.08x | ฿-32.04 Million |
| 2008 | 44.62% | 26.48% | 0.70x | 2.42x | ฿233.68 Million |
| 2009 | 4.39% | 3.26% | 0.58x | 2.34x | ฿-36.41 Million |
| 2010 | 3.27% | 1.78% | 0.73x | 2.53x | ฿-41.09 Million |
| 2011 | -32.88% | -10.72% | 0.85x | 3.60x | ฿-173.70 Million |
| 2012 | 20.80% | 7.31% | 1.03x | 2.77x | ฿59.20 Million |
| 2013 | 21.24% | 11.43% | 0.93x | 1.99x | ฿80.87 Million |
| 2014 | -1.65% | -0.83% | 0.96x | 2.07x | ฿-65.96 Million |
| 2015 | 5.67% | 3.34% | 0.90x | 1.89x | ฿-26.05 Million |
| 2016 | 4.02% | 2.38% | 0.97x | 1.73x | ฿-36.11 Million |
| 2017 | -2.18% | -1.12% | 1.08x | 1.81x | ฿-69.14 Million |
| 2018 | 3.41% | 1.75% | 1.03x | 1.90x | ฿-37.84 Million |
| 2019 | -18.48% | -9.26% | 1.03x | 1.94x | ฿-131.73 Million |
| 2020 | 0.52% | 0.32% | 0.78x | 2.10x | ฿-41.96 Million |
| 2021 | 16.58% | 8.21% | 0.97x | 2.09x | ฿34.27 Million |
| 2022 | -1.24% | -0.44% | 1.10x | 2.55x | ฿-56.63 Million |
| 2023 | 5.55% | 1.89% | 1.23x | 2.38x | ฿-24.03 Million |
| 2024 | -24.13% | -10.03% | 1.03x | 2.33x | ฿-192.21 Million |
Industry Comparison
This section compares Thai Nam Plastic Public Company Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,824,130,983
- Average return on equity (ROE) among peers: 5.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thai Nam Plastic Public Company Limited (TNPC) | ฿421.69 Million | 0.00% | 1.83x | $6.95 Million |
| AAPICO Hitech Public Company Limited (AH) | $4.52 Billion | 5.09% | 1.05x | $75.69 Million |
| CPR Gomu Industrial PCL (CPR) | $475.50 Million | 13.62% | 0.18x | $3.23 Million |
| Chai Watana Tannery Group Public Company Limited (CWT) | $755.29 Million | 3.98% | 1.02x | $8.58 Million |
| Fortune Parts Industry Public Company Limited (FPI) | $1.33 Billion | 15.39% | 1.11x | $17.95 Million |
| Goodyear (Thailand) Public Company Limited (GYT) | $2.88 Billion | 8.09% | 0.26x | $7.46 Million |
| Hwa Fong Rubber (Thailand) Public Company Limited (HFT) | $1.19 Billion | 0.00% | 0.28x | $37.35 Million |
| Interhides Public Company Limited (IHL) | $1.64 Billion | 3.49% | 1.44x | $6.94 Million |
| Ingress Industrial (Thailand) Public Company Limited (INGRS) | $2.46 Billion | -3.09% | 0.68x | $4.95 Million |
| Inoue Rubber (Thailand) Public Company Limited (IRC) | $2.05 Billion | 7.34% | 0.80x | $15.61 Million |
| N.D. Rubber Public Company Limited (NDR) | $946.85 Million | 0.86% | 0.29x | $8.48 Million |