United Palm Oil Industry Public Company Limited
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.
| Company | Market Cap |
|---|---|
|
PODIUM MINERALS
F:55D
|
$15.71 Million |
|
edding AG
F:EDD3
|
$15.72 Million |
|
Sonic Interfreight Public Company Limited
BK:SONIC
|
$15.72 Million |
|
Maxeon Solar Technologies Ltd
NASDAQ:MAXN
|
$15.72 Million |
|
SFP Tech Holdings Bhd
KLSE:0251
|
$15.70 Million |
|
Agat Ejendomme A/S
CO:AGAT
|
$15.70 Million |
|
Gurktaler AG ST
VI:GAGS
|
$15.70 Million |
|
01 Communique Laboratory Inc
OTCQB:OONEF
|
$15.69 Million |
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 |