Ubon Bio Ethanol PCL
Ubon Bio Ethanol Public Company Limited manufactures and distributes processed cassava products in Thailand, China, the United States, and internationally. It offers cassava-based ethanol, cassava starch, cassava flour, and other organic products; biogas; and generates electricity from biogas and solar power system. The company also provides spray and gel hand sanitizer under the Ubonbio and KLAR… Read more
Ubon Bio Ethanol PCL (UBE) - Net Assets
Latest net assets as of September 2025: ฿5.87 Billion THB
Based on the latest financial reports, Ubon Bio Ethanol PCL (UBE) has net assets worth ฿5.87 Billion THB as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿6.61 Billion) and total liabilities (฿735.12 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 | ฿5.87 Billion |
| % of Total Assets | 88.87% |
| Annual Growth Rate | 8.05% |
| 5-Year Change | 96.86% |
| 10-Year Change | 111.31% |
| Growth Volatility | 26.1 |
Ubon Bio Ethanol PCL - Net Assets Trend (2014–2024)
This chart illustrates how Ubon Bio Ethanol PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ubon Bio Ethanol PCL (2014–2024)
The table below shows the annual net assets of Ubon Bio Ethanol PCL from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ฿6.01 Billion | +4.77% |
| 2023-12-31 | ฿5.74 Billion | -4.22% |
| 2022-12-31 | ฿5.99 Billion | +4.25% |
| 2021-12-31 | ฿5.75 Billion | +88.17% |
| 2020-12-31 | ฿3.06 Billion | +3.01% |
| 2019-12-31 | ฿2.97 Billion | -1.41% |
| 2018-12-31 | ฿3.01 Billion | +2.29% |
| 2017-12-31 | ฿2.94 Billion | -0.47% |
| 2016-12-31 | ฿2.96 Billion | +3.82% |
| 2015-12-31 | ฿2.85 Billion | +2.67% |
| 2014-12-31 | ฿2.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ubon Bio Ethanol PCL'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 1012.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿359.99 Million | 6.07% |
| Other Components | ฿5.57 Billion | 93.93% |
| Total Equity | ฿5.93 Billion | 100.00% |
Ubon Bio Ethanol PCL Competitors by Market Cap
The table below lists competitors of Ubon Bio Ethanol PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CHINA MAPLE LE.ED.HD0005
F:CML1
|
$32.28 Million |
|
ONDINE BIOMEDICAL INC.CDI
F:VF5
|
$32.28 Million |
|
Vertoz Advertising Limited
NSE:VERTOZ
|
$32.29 Million |
|
FGV Holdings Bhd
KLSE:5222
|
$32.29 Million |
|
BANCA PROFILO
F:BPA
|
$32.26 Million |
|
Kluang Rubber Company Malaya
KLSE:2453
|
$32.26 Million |
|
Biome Australia Ltd
AU:BIO
|
$32.26 Million |
|
Keskisuomalainen Oyj
HE:KSL
|
$32.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ubon Bio Ethanol PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,740,595,631 to 5,932,714,524, a change of 192,118,893 (3.3%).
- Net income of 253,181,166 contributed positively to equity growth.
- Dividend payments of 61,062,273 reduced retained earnings.
- Other comprehensive income decreased equity by 83,419,280.
- Other factors increased equity by 83,419,280.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿253.18 Million | +4.27% |
| Dividends Paid | ฿61.06 Million | -1.03% |
| Other Comprehensive Income | ฿-83.42 Million | -1.41% |
| Other Changes | ฿83.42 Million | +1.41% |
| Total Change | ฿- | 3.35% |
Book Value vs Market Value Analysis
This analysis compares Ubon Bio Ethanol PCL'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: 0.38x
- 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 0.57x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | ฿1.01 | ฿0.58 | x |
| 2015-12-31 | ฿0.72 | ฿0.58 | x |
| 2016-12-31 | ฿0.75 | ฿0.58 | x |
| 2017-12-31 | ฿0.75 | ฿0.58 | x |
| 2018-12-31 | ฿0.77 | ฿0.58 | x |
| 2019-12-31 | ฿0.76 | ฿0.58 | x |
| 2020-12-31 | ฿0.78 | ฿0.58 | x |
| 2021-12-31 | ฿1.89 | ฿0.58 | x |
| 2022-12-31 | ฿1.53 | ฿0.58 | x |
| 2023-12-31 | ฿1.47 | ฿0.58 | x |
| 2024-12-31 | ฿1.52 | ฿0.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ubon Bio Ethanol PCL 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): 4.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.92%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.22x
- Recent ROE (4.27%) is above the historical average (1.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.84% | 1.45% | 0.51x | 2.51x | ฿-226.23 Million |
| 2015 | 1.98% | 1.53% | 0.53x | 2.45x | ฿-226.91 Million |
| 2016 | 3.52% | 2.91% | 0.51x | 2.38x | ฿-190.00 Million |
| 2017 | 10.48% | 6.57% | 0.64x | 2.51x | ฿14.05 Million |
| 2018 | 2.24% | 1.40% | 0.63x | 2.51x | ฿-233.62 Million |
| 2019 | -7.93% | -5.02% | 0.67x | 2.36x | ฿-531.82 Million |
| 2020 | -3.00% | -2.07% | 0.64x | 2.26x | ฿-397.23 Million |
| 2021 | 2.57% | 2.12% | 0.96x | 1.26x | ฿-427.09 Million |
| 2022 | 5.49% | 4.57% | 1.00x | 1.20x | ฿-270.16 Million |
| 2023 | -1.68% | -1.65% | 0.80x | 1.27x | ฿-670.63 Million |
| 2024 | 4.27% | 3.92% | 0.89x | 1.22x | ฿-340.09 Million |
Industry Comparison
This section compares Ubon Bio Ethanol PCL's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $3,908,004,071
- Average return on equity (ROE) among peers: 4.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ubon Bio Ethanol PCL (UBE) | ฿5.87 Billion | 1.84% | 0.13x | $32.27 Million |
| Ai Energy Public Company Limited (AIE) | $1.84 Billion | -3.93% | 0.07x | $14.62 Million |
| Agripure Holdings Public Company Limited (APURE) | $2.61 Billion | 10.67% | 0.16x | $10.13 Million |
| Bangkok Ranch PCL (BR) | $4.74 Billion | 2.56% | 1.22x | $25.27 Million |
| Betagro PCL (BTG) | $16.00 Billion | -6.68% | 1.82x | $368.54 Million |
| CHUWIT FARM (2019) PUBLIC COMPANY LIMITED (CFARM) | $425.82 Million | 5.16% | 0.81x | $3.25 Million |
| Chumporn Palm Oil Industry Public Company Limited (CPI) | $2.89 Billion | 11.09% | 0.38x | $27.76 Million |
| Food Moments PCL (FM) | $2.07 Billion | 12.23% | 0.67x | $40.04 Million |
| Lam Soon (Thailand) Public Company Limited (LST) | $3.09 Billion | 12.30% | 0.66x | $33.07 Million |
| PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) | $3.37 Billion | -4.59% | 0.97x | $47.27 Million |
| Premier Quality Starch PCL (PQS) | $2.03 Billion | 6.68% | 0.23x | $9.66 Million |