United Palm Oil Industry Public Company Limited

BK:UPOIC Thailand Farm Products
Market Cap
$66.35 Million
฿2.30 Billion THB
Market Cap Rank
#26563 Global
#415 in Thailand
Share Price
฿7.10
Change (1 day)
+1.43%
52-Week Range
฿6.10 - ฿7.10
All Time High
฿8.63
About

United Palm Oil Industry Public Company Limited, together with its subsidiaries, manufactures and sells crude palm oil and palm kernel oil in Thailand. It operates through two segments, Oil Palm Plantation, Crude Palm Oil and Crude Palm Kernel Oil Processing; and Generation of Electricity from Biogases and Biomasses. It also offers crude palm kernel oil, palm kernel cakes, and palm kernel seeds; … Read more

United Palm Oil Industry Public Company Limited (UPOIC) - Net Assets

Latest net assets as of September 2025: ฿1.67 Billion THB

Based on the latest financial reports, United Palm Oil Industry Public Company Limited (UPOIC) has net assets worth ฿1.67 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 (฿1.91 Billion) and total liabilities (฿231.90 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 ฿1.67 Billion
% of Total Assets 87.83%
Annual Growth Rate 2.65%
5-Year Change 45.45%
10-Year Change 55.39%
Growth Volatility 8.11

United Palm Oil Industry Public Company Limited - Net Assets Trend (2000–2024)

This chart illustrates how United Palm Oil Industry 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 United Palm Oil Industry Public Company Limited (2000–2024)

The table below shows the annual net assets of United Palm Oil Industry Public Company Limited from 2000 to 2024.

Year Net Assets Change
2024-12-31 ฿1.65 Billion +4.14%
2023-12-31 ฿1.59 Billion +3.46%
2022-12-31 ฿1.53 Billion +11.27%
2021-12-31 ฿1.38 Billion +21.32%
2020-12-31 ฿1.14 Billion +11.34%
2019-12-31 ฿1.02 Billion -2.92%
2018-12-31 ฿1.05 Billion -1.72%
2017-12-31 ฿1.07 Billion -7.09%
2016-12-31 ฿1.15 Billion +8.24%
2015-12-31 ฿1.06 Billion -5.39%
2014-12-31 ฿1.12 Billion +1.91%
2013-12-31 ฿1.10 Billion +6.16%
2012-12-31 ฿1.04 Billion -2.80%
2011-12-31 ฿1.07 Billion +15.67%
2010-12-31 ฿923.33 Million -0.76%
2009-12-31 ฿930.40 Million -5.65%
2008-12-31 ฿986.17 Million +4.30%
2007-12-31 ฿945.55 Million +5.22%
2006-12-31 ฿898.65 Million +11.29%
2005-12-31 ฿807.52 Million +0.70%
2004-12-31 ฿801.89 Million -0.87%
2003-12-31 ฿808.96 Million +13.55%
2002-12-31 ฿712.45 Million -10.20%
2001-12-31 ฿793.35 Million -10.07%
2000-12-31 ฿882.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to United Palm Oil Industry 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 333.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings ฿944.73 Million 57.22%
Other Components ฿706.40 Million 42.78%
Total Equity ฿1.65 Billion 100.00%

United Palm Oil Industry Public Company Limited Competitors by Market Cap

The table below lists competitors of United Palm Oil Industry Public Company Limited ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,585,508,150 to 1,651,134,111, a change of 65,625,961 (4.1%).
  • Net income of 162,824,881 contributed positively to equity growth.
  • Dividend payments of 97,198,920 reduced retained earnings.
  • Other comprehensive income decreased equity by 60,805,000.
  • Other factors increased equity by 60,805,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income ฿162.82 Million +9.86%
Dividends Paid ฿97.20 Million -5.89%
Other Comprehensive Income ฿-60.80 Million -3.68%
Other Changes ฿60.80 Million +3.68%
Total Change ฿- 4.14%

Book Value vs Market Value Analysis

This analysis compares United Palm Oil Industry 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: 1.39x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 2.84x to 1.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 ฿2.50 ฿7.10 x
2004-12-31 ฿2.47 ฿7.10 x
2005-12-31 ฿2.49 ฿7.10 x
2006-12-31 ฿2.77 ฿7.10 x
2007-12-31 ฿2.92 ฿7.10 x
2008-12-31 ฿3.04 ฿7.10 x
2009-12-31 ฿2.87 ฿7.10 x
2010-12-31 ฿2.85 ฿7.10 x
2011-12-31 ฿3.30 ฿7.10 x
2012-12-31 ฿3.20 ฿7.10 x
2013-12-31 ฿3.40 ฿7.10 x
2014-12-31 ฿3.47 ฿7.10 x
2015-12-31 ฿3.28 ฿7.10 x
2016-12-31 ฿3.55 ฿7.10 x
2017-12-31 ฿3.30 ฿7.10 x
2018-12-31 ฿3.24 ฿7.10 x
2019-12-31 ฿3.15 ฿7.10 x
2020-12-31 ฿3.50 ฿7.10 x
2021-12-31 ฿4.25 ฿7.10 x
2022-12-31 ฿4.73 ฿7.10 x
2023-12-31 ฿4.89 ฿7.10 x
2024-12-31 ฿5.10 ฿7.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently United Palm Oil Industry 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): 9.86%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.45%
  • • Asset Turnover: 0.97x
  • • Equity Multiplier: 1.07x
  • Recent ROE (9.86%) is below the historical average (14.86%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 16.76% 21.02% 0.75x 1.06x ฿59.62 Million
2001 13.13% 13.92% 0.91x 1.04x ฿24.84 Million
2002 6.60% 9.35% 0.68x 1.03x ฿-24.25 Million
2003 22.79% 30.64% 0.71x 1.05x ฿103.47 Million
2004 17.38% 19.64% 0.84x 1.06x ฿59.21 Million
2005 4.69% 8.88% 0.50x 1.05x ฿-42.85 Million
2006 17.28% 21.63% 0.74x 1.08x ฿65.43 Million
2007 21.90% 31.50% 0.64x 1.09x ฿112.54 Million
2008 33.62% 24.88% 1.24x 1.09x ฿232.91 Million
2009 18.39% 20.20% 0.83x 1.10x ฿78.03 Million
2010 13.27% 14.48% 0.85x 1.07x ฿30.21 Million
2011 36.30% 26.35% 1.21x 1.14x ฿280.89 Million
2012 31.45% 21.25% 1.31x 1.13x ฿222.72 Million
2013 20.02% 16.31% 0.90x 1.36x ฿110.38 Million
2014 16.76% 16.08% 0.75x 1.39x ฿75.93 Million
2015 -1.13% -0.95% 0.80x 1.49x ฿-118.21 Million
2016 6.28% 7.63% 0.61x 1.35x ฿-42.81 Million
2017 -1.72% -2.40% 0.50x 1.42x ฿-125.20 Million
2018 1.34% 2.23% 0.46x 1.30x ฿-90.98 Million
2019 -0.35% -0.65% 0.41x 1.31x ฿-105.51 Million
2020 11.02% 13.54% 0.62x 1.31x ฿11.58 Million
2021 22.28% 14.79% 1.17x 1.28x ฿169.10 Million
2022 20.70% 14.18% 1.27x 1.15x ฿164.04 Million
2023 12.84% 13.74% 0.80x 1.16x ฿44.96 Million
2024 9.86% 9.45% 0.97x 1.07x ฿-2.29 Million

Industry Comparison

This section compares United Palm Oil Industry Public Company Limited's net assets metrics with peer companies in the Farm Products industry.

Industry Context

  • Industry: Farm Products
  • Average net assets among peers: $3,525,444,270
  • Average return on equity (ROE) among peers: 7.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
United Palm Oil Industry Public Company Limited (UPOIC) ฿1.67 Billion 16.76% 0.14x $15.71 Million
Ai Energy Public Company Limited (AIE) $1.76 Billion -4.12% 0.25x $14.98 Million
Agripure Holdings Public Company Limited (APURE) $299.14 Million 0.00% 0.71x $10.98 Million
Bangkok Ranch PCL (BR) $4.84 Billion 11.45% 0.91x $25.75 Million
Betagro PCL (BTG) $17.23 Billion 11.13% 1.24x $390.00 Million
CHUWIT FARM (2019) PUBLIC COMPANY LIMITED (CFARM) $425.82 Million 5.16% 0.81x $3.75 Million
Chumporn Palm Oil Industry Public Company Limited (CPI) $1.78 Billion -1.03% 1.00x $27.92 Million
Food Moments PCL (FM) $1.80 Billion 0.00% 0.56x $42.28 Million
Lam Soon (Thailand) Public Company Limited (LST) $3.22 Billion 9.66% 0.82x $33.07 Million
PETCHSRIVICHAI ENTERPRISE PUBLIC COMPANY LIMITED (PCE) $2.95 Billion 10.52% 0.92x $46.88 Million
Premier Quality Starch PCL (PQS) $930.78 Million 33.72% 0.68x $9.79 Million